On the 12th, the Australian government announced a new taxation plan that will require technology giants to pay Australian media companies for news content, or they will face the risk of being subject to higher taxes. According to this plan, all digital platforms with annual revenues in Australia exceeding 0.25 billion Australian Dollars (approximately 0.16 billion US Dollars) must reach a commercial agreement with Australian institutions regarding the use of news content, or they will be at risk of being taxed at a higher rate. (Xinhua News Agency)