BR100 Increased By (0.5%)
BR30 Increased By (0.66%)
KSE100 Increased By (0.31%)
KSE30 Increased By (0.27%)
BECO 6.07 Increased By ▲ 0.30 (5.2%)
BML 52.75 Decreased By ▼ -0.25 (-0.47%)
BOP 34.27 Increased By ▲ 0.28 (0.82%)
CNERGY 8.14 Increased By ▲ 0.03 (0.37%)
DCL 12.11 Decreased By ▼ -0.09 (-0.74%)
FCCL 53.30 Increased By ▲ 0.47 (0.89%)
FCSC 5.15 Increased By ▲ 0.08 (1.58%)
FFL 18.04 Increased By ▲ 0.09 (0.5%)
FNEL 1.31 Increased By ▲ 0.02 (1.55%)
HUMNL 10.88 No Change ▼ 0.00 (0%)
KEL 8.12 Increased By ▲ 0.10 (1.25%)
KOSM 5.36 Decreased By ▼ -0.16 (-2.9%)
MLCF 86.98 Increased By ▲ 0.47 (0.54%)
NBP 186.50 Increased By ▲ 1.34 (0.72%)
PACE 10.68 Increased By ▲ 0.10 (0.95%)
PAEL 39.81 Increased By ▲ 0.39 (0.99%)
PIAHCLA 26.14 Decreased By ▼ -0.08 (-0.31%)
PIBTL 16.90 Increased By ▲ 0.23 (1.38%)
PPL 228.72 Increased By ▲ 0.54 (0.24%)
PRL 34.77 Increased By ▲ 0.09 (0.26%)
PTC 66.63 Increased By ▲ 1.30 (1.99%)
SEARL 90.60 Increased By ▲ 0.47 (0.52%)
SSGC 26.95 Increased By ▲ 0.35 (1.32%)
TELE 8.61 Increased By ▲ 0.33 (3.99%)
THCCL 58.25 Decreased By ▼ -0.25 (-0.43%)
TPLP 8.60 Increased By ▲ 0.38 (4.62%)
TREET 24.51 Decreased By ▼ -0.02 (-0.08%)
TRG 69.63 Decreased By ▼ -0.08 (-0.11%)
WAVES 9.89 Decreased By ▼ -0.05 (-0.5%)
WTL 1.29 Increased By ▲ 0.01 (0.78%)
Technology

As Google eyes Australia exit, Microsoft talks Bing with PM

  • A Google representative was not immediately available for comment.
Published February 1, 2021 Updated February 1, 2021 11:41am
By

SYDNEY: Software giant Microsoft Corp is confident its search product Bing can fill the gap in Australia if Google pulls its search over required payments to media outlets, Prime Minister Scott Morrison said on Monday.

Australia has introduced laws that would force internet giant Google and social media heavyweight Facebook Inc to negotiate payments to domestic media outlets whose content links drive traffic to their platforms.

However, the Big Tech firms have called the laws unworkable and said last month they would withdraw key services from Australia if the regulations went ahead. Those services include Google's search engine, which has 94% of the country's search market, according to industry data.

Microsoft CEO Satya Nadella has since spoken with Morrison about the new rules, the tech company told Reuters, and on Monday, Morrison said the software company was ready to grow the presence of its search tool Bing, the distant No. 2 player.

"I can tell you, Microsoft's pretty confident, when I spoke to Satya," Morrison told reporters in Canberra, without giving further detail of the conversation.

"We just want the rules in the digital world to be the same that exist in the real world, in the physical world," Morrison added.

A Microsoft spokeswoman confirmed the discussion took place but declined to comment, because the company was not directly involved in the laws.

"We recognise the importance of a vibrant media sector and public interest journalism in a democracy and we recognise the challenges the media sector has faced over many years through changing business models and consumer preferences," the spokeswoman said.

A Google representative was not immediately available for comment.

A day earlier, Australian treasurer Josh Frydenberg said Facebook CEO Mark Zuckerberg had requested a meeting over the law, and that they had talked, but that he would not back down on the change.

Comments

Comments are closed for this article.