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Google sees deal within reach on proposed law on pay for news

Bloomberg Google said it’s within reach of negotiating a compromise on legislation that would force it to pay for Australian news, as the US giant continues a public campaign to get the proposed law watered down. The Australian government has drafted a world-first code to make Google and Facebook Inc. compensate publishers for the value their stories generate for the ...

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Tesla’s $25,000 car doesn’t worry biggest rivals in China

Bloomberg Tesla Inc.’s plan to build a $25,000 car within the next three years doesn’t seem to have fazed China’s most-promising electric vehicle startups, with executives at the Beijing Auto Show saying Elon Musk can bring it on. “It’s a good thing for us,” WM Motor Co. founder and Chief Executive Officer Freeman Shen said. “We are very happy Tesla ...

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Netflix bets on mobile content blitz to boost Africa grip

Bloomberg Netflix Inc. became the world’s largest subscription-streaming service by flooding the market with popular content that’s cheaper than the competition. Yet five years after it arrived in Africa, the US company is struggling to grow beyond the wealthiest segment of the population, held back by poverty, piracy and limited access to broadband. In a continent of more than a ...

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