Google’s threat to remove its entire search product is it’s most severe yet. News accounts for just 12.5% of Google search in Australia, according to lawmakers.<\/p>\n

Google dominates the search engine market with a nearly 90% market share. Almost all its revenue is from ads.<\/p>\n

For Google to threaten to pull out of an entire country suggests the company is worried.<\/p>\n

Australia is nowhere near its biggest market. But Google execs are fearful about the precedent these new laws could set.<\/p>\n

Google has had a very profitable pandemic so far, whilst many local newspapers have struggled. That doesn’t look good – Australian politicians aren’t the first, and won’t be the last, to point that out.<\/p>\n

Google says it wants to help fund original, local journalism.<\/p>\n

But clearly, it believes that what is being proposed in Australia could fundamentally hurt its business model if replicated elsewhere.<\/p>\n

..<\/p>\n

Source: bbc.com<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Google has threatened to remove its search engine from Australia over the nation’s attempt to make the tech giant share royalties with news publishers. Australia is introducing a world-first law to make Google, Facebook, and potentially other tech companies pay media outlets for their news content. But the US firms have fought back, warning the …<\/p>\n","protected":false},"author":7,"featured_media":8454,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[16,1,2539],"tags":[17607],"yoast_head":"\n