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The Australian government said Thursday it will tax large digital platforms and search engines unless they agree to share revenue with Australian news media organisations. The tax would apply from January 1 to tech companies that earn more than 250 million Australian dollars ($160 million) a year in revenue from Australia, Assistant Treasurer Stephen Jones and Communications Minister Michelle Rowland said. They include Meta, Google, Alphabet and ByteDance. The tax would be offset through money paid to Australian media organizations. The size of the tax is not clear. "The real objective ... is not to raise revenue -- we hope not to raise any revenue. The real objective is to incentivise agreement-making between platforms and news media businesses in Australia, Jones told reporters. The move comes after Meta, which owns Facebook, Instagram and WhatsApp, announced that it would not renew three-year deals to pay Australian news publishers for their content. A previous government ...

Around 66 per cent of business firms surveyed across 159 districts admitted that they paid bribes in the last 12 months, a report by online platform LocalCricles said on Sunday. The survey, which received 18,000 responses, found that 54 per cent were forced to pay bribes while 46 per cent paid voluntarily to expedite the process. "As many businesses would vouch anonymously, bribes remain a way of life when wanting to get government departments to speed up the permit or compliance process, even getting duplicate copy of the authority license or anything to do with property matters. 66 per cent of businesses surveyed paid a bribe in the last 12 months," the report said. Only 16 per cent of businesses surveyed claimed that they always managed to get work done without paying a bribe and 19 per cent said they "did not have a need" to do so. "Of businesses that paid bribes in the last 12 months, 54 per cent were forced to do so, while 46 per cent paid it for timely processing. This kind

Hiveloop Technology recorded a loss of Rs 1,080 crore in the financial year (FY) 2023

To celebrate the end of the Half Moon cycle, Google has launched an interactive game today. Users can earn points and unlock rewards at various levels by matching moon phases to make a full moon pair

The Swiggy Seal, a badge for restaurants upholding strict hygienic standards, is introduced by Swiggy. Currently based in Pune, the project will eventually expand to more than 650 Indian locations

Festive days are here. Get ready to watch this week's top OTT releases. From romantic-thriller and action-adventure to mythological-epic and dark-fantasy, this week's list has it all

A new version of the E-shram portal (E-shram 2.0) will also be launched in the coming week, which will ensure the onboarding of platform workers onto the portal, said Mandaviya

Around 75 per cent UPI users will stop using it if any transaction charge is levied on the service, a survey by Localcircles said on Sunday. The survey found that 38 per cent of users make over 50 per cent of their payment transactions via UPI instead of debit, credit or any other form of digital transaction. "Only 22 per cent UPI users surveyed are willing to bear a transaction fee on payments, 75 per cent of respondents stated that they will stop using UPI if a transaction fee is introduced," the survey said. The survey comprising three broad areas claims to have received 42,000 responses from 308 districts but the number of replies on each question varied. The questions regarding transaction fee on UPI received 15,598 responses. The National Payments Corporation of India (NPCI) posted a record 57 per cent rise in the volume of transactions and 44 per cent rise in value in the 2023-24 fiscal year, compared to the previous fiscal year. For the first time UPI transactions crossed

Registration on the e-Shram portal is essential for workers to benefit from various social welfare programmes, said Union Ministry of Labour & Employment

The two-day EU-India Track 1.5 Conference in New Delhi will bring together experts, policymakers, academia

A majority of US adults surveyed in March said they pay too much for subscriptions

Get ready for another power-packed week as many high-octane OTT shows and movies are about to hit different platforms. Check out the top releases of this week

A streamlined online portal for obtaining academic certificates has been launched by Savitribai Phule Pune University with the intention of enhancing student convenience and efficiency

As many as thirteen platforms, including Zomato, Swiggy, Paytm, IRCTC, Makemytrip, Flipkart, JioSaavn, Pharmeasy, and others, would come under the purview of the Digital Competition Bill

Series F round comes as Mumbai-based startup aims to become profitable before launching IPO

BHIM will expand its presence in e-commerce by offering a diverse range of products and services, including food and beverages, groceries, fashion, and apparel to its user base

The report consulted with 10 platforms having nearly 4.5 million workers and a total revenue of Rs 56,400 crore along with two workforce providing platforms

Tata Neu has faced challenges with stagnant user growth and low customer engagement and may be looking to collaborate with Uber to boost traffic volumes

"If this comes out the way the CM is saying, I feel farmers will benefit a lot as everything related to agriculture would be under one place," said Ajay Meena, a farmer from Shivdaspura area

'Despite GST, 2023 was best year for our fantasy sports, rummy platforms,' says Games24x7 CEO