It's today explained, I'm Sean Ramisfer, and we've talked a bunch on the show about

European efforts to regulate Big Tech more recently, American efforts to regulate Big

Tech.

But last week, we got an Australian effort to regulate Big Tech that could end up being

hugely influential.

The Australian government told Google and Facebook that if they want to feature stories

from news outlets on their platforms, they'd have to cough up some cash to the publishers

who's work their featuring.

It's kind of like a David versus Goliath story where Google is obviously Goliath, it's

always Goliath, and David is actually Rupert Murdoch who controls like over half of the

newspaper business in Australia.

And in this case, David kind of won after fighting this legislation to the nail Facebook

told the Australian government it would not comply and basically wiped a bunch of Australian

news outlets from its site immediately.

Scary.

But Google's signaled it would comply.

It worked out a deal to start paying for the news featured on its platforms.

Maybe because Microsoft voiced some support for the legislation shout outs to Bing, maybe

it's because Google sees the writing on the wall.

Change is in the air, tech is going to get regulated, and they can't fight it forever.

Since this very well may be the season of change for big tech, it's worth knowing where

and how all these companies got started.

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