There's a fascinating story in this morning's edition of the Financial Times, which could signal a big shift in the balance of power between parts of the web and other parts of the media. The piece says that Microsoft has been in talks with the media giant News Corporation over a plan which could see the firm behind papers from the Wall Street Journal to the Sun being paid to stop Google searching its news websites.

The implication is that Microsoft's search engine Bing would be the place to go for news - and that Google would have to start paying if it wanted to retain that kind of content.

The FT's story comes a week or so after the Techcrunch UK blog reported that Microsoft had held talks with European publishers about what sounds like a similar plan to get them onside as part of a battle to make Bing a more attractive and lucrative place than Google for their content.

So is there any truth in either report? Well, a couple of days after the Techcrunch post, I was due to interview a senior executive from Bing, and Microsoft called to ask whether I would be asking about that story. When I said yes I would, they said he could not talk about it - and we therefore pulled out of the interview. Make of that what you will.

All of this comes against the background of Rupert Murdoch's campaign to start getting people to pay for the online content of his newspapers, a move fleshed out last week in a speech by the editor of the Times, James Harding.

But Mr Murdoch has also made it clear that Google - and indeed the BBC - are two major obstacles to this campaign, because they are both major ways to get free news. Meanwhile, Microsoft is anxious to do two things - to give Bing a big push, and to get in on Google's profit margins.

So it's understandable that News Corp and Microsoft might want to unite against the idea that news content on the internet should be free. But there are also plenty of reasons why Microsoft in particular would want to keep these negotiations as quiet as possible.

After all, if internet users get it into their heads that Bing's results are not as unbiased as Google's appear to be, because of an alliance with news providers, then they may well be less keen to switch to Microsoft's search engine.

Ah, but what if Bing were the only place to get quality news because such content had been shut out of Google? Well, that would be an interesting test of just how important news is to the mass of internet users. For we professional journalists, that could be a worrying moment - one where we find out the true market value of our content.

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What kind of technology does the modern multimedia reporter need to master - and where is the boundary these days between the professionals and amateurs? Two questions I've been debating over the last couple of weeks with journalism students at the Cardiff School of Journalism, and with colleagues from other broadcasting organisations at a conference in Paris.

The session at the Festival Europeen des 4 Ecrans was about multimedia journalism, and the challenge that poses to traditional media organisations. My presentation was about the way the BBC newsroom has been transformed by the integration of web, radio and TV journalists but also by the recognition that the audience has changed from passive recipients of news to eager contributors of everything from blog comments to video of breaking news stories. I showed a short video shot on a mobile phone to illustrate the importance of what we call the UGC (user-generated content) hub.

But it looks as though some broadcasters are going even further in getting the audience to do the journalism. Vincent Giret from France 24, a trilingual news channel running services in French, English and now Arabic, described an experiment called "The Observers". The channel has recruited about 2,000 people from around the world who send in short video reports - everything from footage of a bomb going off in Baghdad to an Irishman giving his views on the Thierry Henry "main de Dieu" incident.

There was some sharp questioning from the floor about whether these "citizen journalists" are paid - they're not - and how France 24 can be sure about the authenticity of their reports. Vincent Giret insisted that there was still a rigorous editorial process before anything was shown on TV or on the website.

Then we heard from a man who seems to me the very model of a modern multimedia journalist. Damien Van Achter works for the Belgian TV station RTBF - and his card describes him as community manager, editor developer and journalist. But his role seems to be to act as a kind of new media agent provocateur inside quite a traditional organisation, encouraging older broadcasters to try all the new tools that are now available.

Even while we were setting up our laptops for our presentations he was using tools like Audioboo to record and upload sound to the web, putting video from his phone online within seconds, then showing me how he uses an iPhone app to edit his videos, inserting titles and effects.

His blog, "Blogging the News", is where he brings a lot of his journalist experiments together but it seems most of it is his own rather than RTBF's material - he's really a backroom boy at the station rather than a mainstream correspondent. All the more interesting then that the US State Department, which had spotted his blog, contacted him before Hillary Clinton's visit to Brussels and offered him exclusive access to the secretary of state during her tour.

He seemed just a bit defensive when I asked how the political or diplomatic correspondents at RTBF had greeted this news - he insisted they did the professional job of analysing the politics of the trip, while he provided access and colour, which you can see here.

Now I have struggled to acquire just a few of the multimedia skills that Damien van Achter has in abundance, and while I feel they've enriched my journalism and made my life a lot more interesting, I do think that there are questions to be asked about whether the modern professional journalist can do absolutely everything. If a reporter has to shoot and edit video, record audio and take a few stills, will they still have time to do those age-old journalistic tasks of ringing people up, asking them questions and getting to the bottom of an original story?

The student journalists I met in Cardiff all seemed incredibly talented and multi-skilled - they'd come from a morning in the courts learning about law reporting, but were eager to discuss everything from the way Google Wave might change journalism to which iPhone apps were best suited to mobile reporting. They were bravely preparing themselves to enter a profession in crisis, where the very idea of paying people to do journalism appears to be under threat.

I told them that it was great to learn a wide set of skills, but that news editors would not want to employ someone who could just about shoot a video, muddle their way through a court story, and slap together a few minutes of unpolished audio. They would rather have someone who was brilliant at one thing and they still cared about the fundamentals of journalism. Spotting a story, crafting a powerful intro, telling people something they didn't know - these skills have not been rendered obsolete by the web revolution.

At least I hope that is true. But the big question is whether we will be willing to pay for the craft of journalism - either the old kind or today's multimedia variety - in the coming decade. New technology, from blogging software to YouTube to iPhone apps, is making it possible for anyone, amateur or professional, to make news and give it to the world. What's becoming ever harder is working out how to make a living from journalism.

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This morning I joined a clutch of damp, sleepy and dishevelled hacks - sorry, bright-eyed and enthusiastic fellow journalists - at a briefing at the Department of Business in Whitehall about the Digital Economy Bill.

In brief, this sets out to take Lord Carter's Digital Britain report and turn some of it into law.

Amongst the main measures:

• Action against illegal file-sharing forcing ISPs to take action against infringers. This includes the controversial measure which could see repeat offenders cut off

• Allows the Copyright, Designs and Patents Act to be amended if in future new communications technologies allow content to be copied in new ways

• New duty on Ofcom to encourage investment the spread of next-generation broadband. Part of this involves that £6 telephone tax - but that will be introduced via the pre-Budget report

• Digital "safety measures" to stop firms registering domain names for illicit use

• Age ratings on video games to be made compulsory for all games aimed at players aged 12 and over

Now the most controversial elements are of course those measures against unlawful file-sharers, and the ministers were subjected to a series of questions about the possibility of repeat offenders having their connections suspended.

They were very keen to stress that this was the nuclear option - first of all internet service providers would have to send out letters to those spotted file-sharing on their networks.
The content owners will have to pay a fixed fee, set by Ofcom, to have that letter sent to the ISP's customer.

If that didn't work, then the secretary of state would have to go to Parliament before the ISPs could be forced to press the suspension button - or use other technical measures.

That decision would only be made if the lesser measures failed to cut unlawful file-sharing by at least 70%. But the ministers seemed pretty unclear about the timetable for that 70% reduction - and even less clear about how it would be measured.

While the government says it has the support of the Conservatives for these measures, it has already received some friendly fire from Tom Watson, the former digital minister who is worried about those powers to amend the copyright act, and from the big ISPs, notably TalkTalk.

Stephen Timms, the minister for Digital Britain, insisted that something like 90% of the ISP market supported the policy - his maths seem questionable - and that in any case new business models were making file-sharing less attractive.

On the question of rural broadband - a hot issue I know for some readers of this blog - there was a promise that the £6 landline tax would go a long way to making sure that 90% of the country would get access to fast broadband by 2017.

That new tax, though, will only be implemented if the government manages to get a Finance Bill through before the general election, against fierce opposition.

So two big ideas in this bill - that content owners should be able to pursue file-sharers with severe punishment, and that major public investment should go into next generation broadband. But given the fuzzy timetables and determined opposition, will either of them come to anything?

Update 16:00: In this morning's briefing Stephen Timms suggested that the majority of the internet service providers supported the anti-file-sharing measures - indeed, he claimed that ISPs representing 90% of customers were backing it.

But so far today I've received statements from both ISPA - the internet providers' trade body - and BT, which Mr Timms cited as a supporter, and neither has been exactly enthusiastic.
ISPA secretary general Nicholas Lansman said:

"ISPA is extremely disappointed by aspects of the proposals to address illicit filesharing. This legislation is being fast-tracked by the Government and will do little to address the underlying problem."

Whereas John Petter, managing director of BT Consumer, said this:

"We believe abuse of copyright is wrong. However, we have real concerns about the government's plans and the lack of legal protections for accused individuals. We believe that technical measures are not the way forward and that a system of court fines for repeat infringers is preferable. Such an approach would not only protect innocent people, it could also create a fund that could be used to support the UK's creative industries."

The music and movie industries have welcomed the bill - but it looks as though the government faces quite a battle with the ISPs.

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