IT Blog

Microsoft on Wednesday threw its support behind a proposed Australian law that would compel tech companies to share royalties with news publishers. Google and Facebook have fought the draft regulatory code, which would force them into mediated negotiations with publishers.

“The code reasonably attempts to address the bargaining power imbalance between digital platforms and Australian news businesses,” Microsoft president Brad Smith said in a release. “While Microsoft is not subject to the legislation currently pending, we’d be willing to…