Organisation for Economic Cooperation and Development readies launch of global digital tax readies

France has accused the United States of trying to undermine international negotiations on updating the cross-border taxation regime; Paris has urged the EU to prepare for an EU tax as a fallback option if negotiations fails. Nearly 140 countries are negotiating the first major rewrite of the international tax framework to account for the rise…

Google release location data for 131 countries to assess effectiveness of lockdowns

In a statement, Alphabet Inc said, Google has published reports for 131 countries which show whether stay-at-home measures, to stem the footprint of the Wuhan Coronavirus, adopted by government are working. Google analyzed location data of billions of phone users to create a dataset which health authorities can use to assess if people are abiding…

Google partnering with Carnegie Mellon University to forecast Wuhan coronavirus spread

In a statement, Alphabet Inc’s Google disclosed, over the last three days, it had surveyed a few users on their health at the request of Carnegie Mellon University researchers who are aiming to forecast the spread of Wuhan coronavirus infections. Google’s Opinion Rewards app, which exchanges responses to surveys from Google and its clients for…

Anthony Levandowski pleads guilty for taking Google’s self-driving tech to Uber Technologies Inc

Anthony Levandowski, who has been closely associated with advancing self-driving car technology in the last decade, has agreed to plead guilty for taking sensitive documents from Google, his former employer, before he joined rival Uber Technologies Inc. As part of the plea deal with federal prosecutors, he will serve no more than 30 months in…

Apple, Netflix pull out of South by Southwest music and tech festival

Apple Inc and Netflix Inc stated, they are pulling out of the South by Southwest music and tech festival which is scheduled to be held later this month midst China’s coronavirus outbreak. As of Wednesday, the U.S. death toll from coronavirus infections stands at 11 with California Governor Gavin Newsom declaring a state emergency. Earlier…

Facebook tweaks ads policy, continues to allow political ads in U.S. Presidential 2020 campaign

In a statement, Facebook Inc stated, it has tweaked its approach towards political ads and has introduced limited changes, which includes an option for users to turn off certain ad-targeting tools. Facebook has defied critics’ demands of barring political ads in its platform which often spew out fake news. Facebook, the world’s biggest social network,…

HubSpot Inc ranked No. 1 in Glassdoor’s Best Places to Work in 2020

Midst heightened regulatory scrutiny over Facebook Inc, the social media giant has dropped to the 23rd spot in Glassdoor’s list of “Best Places to Work” in 2020, down from the seventh spot it secured last year. Employees have given Facebook’s senior leadership as well as its work-life balance a relatively lower rating in Glassdoor; The…

Amazon’s cloud business facing antitrust scrutiny from FTC

As per a Bloomberg report citing sources familiar with the matter at hand the U.S. Federal Trade Commission (FTC) has broadened its scrutiny of Amazon.com Inc beyond its retail operations and now includes its cloud-computing business as well. As per the report, U.S. antitrust enforcers have been asking software companies questions pertaining to Amazon Web…

European Commission scrutinizing how FB and Google monetizes data, leverages it to expand, block competitors

In a statement, the European Commission said, it is investigating how Facebook collects and monetizes its data. The development signals the opening of a second front, on top of an existing investigation, into Facebook’s marketplace. As part of preliminary investigations into both Facebook and Google, the EU executive said, it had sent out questionnaires to…