0 comments on “Regulators and legislators need to wake up and start governing the digital economy”

Regulators and legislators need to wake up and start governing the digital economy

Australia is the latest country to cast an eye towards Silicon Valley, revamping rules to create a regulatory framework with greater oversight and authority over the booming digital ecosystem. While the digital economy has operated in a relatively tether-free fashion…

0 comments on “German politician calls for corporate break-up of U.S. digital tech giants”

German politician calls for corporate break-up of U.S. digital tech giants

German Social Democrats (SPD) leader Andrea Nahles has called for the break-up of major U.S. technology companies on Monday to prevent the formation of digital monopolies. Writing in the newspaper Handelsblatt, Nahles urged policymakers to use antitrust regulation to "reign…

0 comments on “Facebook is shaking up its efforts to connect a billion new users to the internet”

Facebook is shaking up its efforts to connect a billion new users to the internet

There's changes afoot at Facebook's wildly ambitious efforts to connect the so-called "next billion" internet users, who are expected to mostly come from emerging markets. On Friday, the social networking firm revealed that it is bringing all its connectivity efforts…

0 comments on “Difficult and contentious: taxing the digital economy (Australia)”

Difficult and contentious: taxing the digital economy (Australia)

Accountants have been urged to keep a lookout for significant changes to the tax environment as the government considers options for taxing the digital economy. In Treasurer Scott Morrison’s budget address, he noted how the government’s crackdown on multinationals had…

0 comments on “India:Google tax may be broadened to cover non-digital MNCs”

India:Google tax may be broadened to cover non-digital MNCs

MUMBAI: A budgetary proposal to tax multinationals with a substantial user base in India such as Google and Facebook is now being widened to include non-digital companies. This could mean that any company that merely sells goods or services in…