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Updated: 3 years 44 weeks ago

Italy wants a global agreement on digital tax by end of 2020: Economy Minister

Thu, 06/18/2020 - 13:33
Economy Minister Roberto Gualtieri said on Thursday Italy was still committed to a shared global deal on a tax on digital services, after the United States decided to quit global talks on how to tax sector giants.
Categories: Technology

U.S.-China tech war bigger risk than coronavirus, EU chamber chief says

Thu, 06/18/2020 - 12:55
The coronavirus has disrupted supply chains and demand across the global economy, but it is the prospect of Europe becoming a casualty in the U.S.-China tech war that keeps the president of the European Chamber in China "awake at night".
Categories: Technology

Deutsche Post sees Amazon dependence falling as online booms

Thu, 06/18/2020 - 12:51
German logistics group Deutsche Post AG said its dependence on Amazon is falling as the coronavirus crisis prompts a big rise in parcel shipments by other customers which it expects to continue in the second half of 2020.
Categories: Technology

Online fashion stocks in vogue as coronavirus speeds ecommerce

Thu, 06/18/2020 - 12:47
Shares in online fashion retailers Zalando and ASOS jumped on Thursday after the German company said it expects a big increase in second-quarter sales and operating profit as coronavirus lockdowns accelerate a shift to ecommerce.
Categories: Technology

Ford to offer hands-free driving in 2021 - six years after Tesla

Thu, 06/18/2020 - 12:40
Ford Motor Co said on Thursday that it will offer hands-free driving on its new Mustang Mach-E in fall 2021, six years after Tesla Inc and four years after General Motors Co introduced similar systems.
Categories: Technology

EU ready to go it alone on taxation of digital firms

Thu, 06/18/2020 - 12:01
The European Union is ready to go it alone with taxing digital services of firms like Google, Amazon, Facebook or Apple if there is no global deal on such a tax this year, European Economic Commissioner Paolo Gentiloni said on Thursday.
Categories: Technology

Spain will not accept threats over digital tax - govt spokeswoman

Thu, 06/18/2020 - 12:01
Spain and its European allies will not accept any threats over a proposed tax on internet giants' revenues, government spokeswoman Maria Jesus Montero said on Thursday, a day after Washington decided to pull out of talks on the matter.
Categories: Technology

Facebook to share privacy report to new board committee, FTC

Thu, 06/18/2020 - 11:52
Facebook Inc said on Thursday it would now share the report on its privacy practices to a newly formed committee on its board following its settlement with the U.S. Federal Trade Commission over data privacy probe.
Categories: Technology

Australian regulator says Google's $2.1 billion Fitbit deal could harm competition

Thu, 06/18/2020 - 09:11
Australia's antitrust regulator warned Google's planned $2.1 billion acquisition of fitness tracker maker Fitbit may give it too much of people's data, potentially hurting competition in health and online advertising markets.
Categories: Technology

UK says it still wants global digital tax as U.S. quits talks

Thu, 06/18/2020 - 08:40
Britain will keep pushing for a global solution on taxing international digital companies such as Google and Facebook Inc after the United States left negotiations, a spokesman for the British Treasury said on Thursday.
Categories: Technology

Alibaba's Ant Group appoints new chief technology officer

Thu, 06/18/2020 - 07:13
Alibaba Group's fintech arm Ant Group, operator of Alipay, has appointed Ni Xingjun as its new chief technology officer, the company said in a statement to Reuters.
Categories: Technology

Trump administration proposes rolling back protections for big tech

Thu, 06/18/2020 - 06:35
The U.S. Justice Department proposed on Wednesday that Congress take up legislation to curb protections big tech platforms like Alphabet's Google and Facebook have had for decades, a senior official said, following through on President Donald Trump's bid to crack down on tech giants.
Categories: Technology

Google, Fitbit deal may hamper competition: Australian regulator

Thu, 06/18/2020 - 03:44
Australia's consumer watchdog said on Thursday it had concerns that Alphabet Inc-owned Google's planned $2.1 billion acquisition of fitness tracker company Fitbit may hinder competition in digital advertising and health markets.
Categories: Technology

U.S. pulled out of stalled talks on digital services taxes: Lighthizer

Thu, 06/18/2020 - 02:05
U.S. Treasury Secretary Steven Mnuchin decided to pull out of negotiations on digital services taxes with European Union officials after they failed to make any progress, U.S. Trade Representative Robert Lighthizer said on Wednesday.
Categories: Technology

U.S. pulled out of talks on digital services taxes: Lighthizer

Thu, 06/18/2020 - 00:45
U.S. Treasury Secretary Steven Mnuchin decided to pull out of negotiations on digital services taxes with European Union officials after they failed to make any progress, U.S. Trade Representative Robert Lighthizer said on Wednesday.
Categories: Technology

U.S. proposed pause in OECD talks on international taxation: Treasury

Thu, 06/18/2020 - 00:43
The U.S. government proposed a pause in Organization of Economic Co-operation and Development talks about international taxation while governments work to respond to the coronavirus pandemic, a spokeswoman for the U.S. Treasury said.
Categories: Technology

Civil rights groups urge companies to pause ad spending on Facebook

Wed, 06/17/2020 - 23:33
Several U.S. civil rights groups called upon some of the world's largest companies to pause advertising on Facebook Inc in July, saying the social network is not doing enough to stop hate speech on its platforms.
Categories: Technology

Workplace search startup Onna gets $27 million in venture funding

Wed, 06/17/2020 - 23:31
Search startup Onna Technologies Inc, which helps companies find information buried within emails, chats and storage services, announced on Wednesday $27 million in new funding from venture capital firm Atomico and past investors such as Slack Technologies Inc .
Categories: Technology

Google sets 2025 leadership diversity goal, ends 'tailgater' ID checks

Wed, 06/17/2020 - 23:01
Alphabet Inc's Google on Wednesday announced a new hiring goal and security policy to address racial issues at its offices, as protests over police brutality against African Americans have carried into discussions about corporate culture.
Categories: Technology

Twitter tests new voice tweeting feature

Wed, 06/17/2020 - 22:47
Twitter Inc said on Wednesday it is testing a new feature that will allow users to tweet using their voice, capturing up to 140 seconds of audio in a single tweet.
Categories: Technology

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