Microsoft's Partnership With European News Publishers Threatens Facebook and Alphabet

Microsoft's Partnership With European News Publishers Threatens Facebook and Alphabet
Keith Noonan, The Motley Fool
·2 min read

Microsoft (NASDAQ: MSFT) announced on Monday that it's teaming up with Europe's four largest media-lobbying groups to help rework how news stories are shared and monetized on the continent. The move follows Australia's introduction of a system that requires large tech companies to pay money to news sites that feature media on their platforms. The recently formed coalition will push for similar stipulations to be included in the European Union's upcoming legislation to put tighter regulations on Big Tech.