US upends global digital tax plans after pulling out of talks with Europe

By: Financial Times June 17, 2020 The US has thrown into disarray plans for a new global tax framework for technology companies after suspending talks with European countries — and warning them of retaliatory measures if they press ahead with their own taxes. In a letter to four European finance ministers seen by the Financial […]

Facebook closes political ads loophole ahead of US presidential election

By: Fox Business June 17, 2020 Facebook Inc said on Tuesday it would affix labels to political ads shared by users on their own feeds, closing what critics have said for years was a glaring loophole in the company’s election transparency measures. The world’s biggest social network has attached a “paid for by” disclaimer to political ads since […]