Microsoft says it’s confident that its search engine Bing can fill the gap in Australia if Google decides to pull its own search service.
Both Google and Facebook have firmly pushed back on proposed legislation that would make the U.S. tech giants pay local media outlets for content that appears on their sites.
The two companies are estimated to account for more than 80 per cent of online advertising spending in Australia, starving newsrooms of their primary revenue source and leading to widespread shutdowns and job losses. Read more…..
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CNBC’s “Halftime Report” team discusses how it views Microsoft’s value and stock performance ahead of the company’s earnings report after the closing bell.
