Netflix to finally pay tax on Aussie sub revenue | $10M: Seven invests in Raiz | UK orders Facebook to sell Giphy

Published: Dec. 1, 2021, 6 p.m.

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Netflix will finally start paying tax on its $1 billion-plus Australian subscriber revenue, as it converts to a local entity structure.

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Aussie media giant Seven West Media has invested around $10 million into micro-investing platform Raiz.

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The UK’s antitrust watchdog has ordered Facebook (aka Meta) to sell Giphy.

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