European Mayors Want Brussels’ Help Against Airbnb
By: Politico September 17, 2020 Europe’s cities want to wrest back control from Airbnb — and they want Brussels to help them. Local leaders from Paris, Amsterdam and Berlin, among other cities, met with Commission Executive Vice President Margrethe Vestager Thursday with a message: It’s time to force short-term rental platforms to cooperate with local […]
EU Targets Big Tech With ‘Hit List’ Facing Tougher rules
By: FT October 11, 2020 EU regulators are drawing up a “hit list” of up to 20 large internet companies, likely to include Silicon Valley giants such as Facebook and Apple, that will be subject to new and far more stringent rules aimed at curbing their market power. Under the plans, large platforms that […]
Wisconsin Denies Foxconn Tax Benefits Over Failed Manufacturing Plant Promises
By: Fox Business October 12, 2020 Taiwan-based Apple supplier Foxconn is failing to deliver on promises associated with its multibillion-dollar manufacturing facility in Wisconsin – so much so that the state is withholding coveted tax incentives. The world’s largest electronic provider was promised a $3 billion incentives package, but failed to meet key milestones necessary to receive […]
San Francisco Voters Approve New Taxes for Wealthy CEOs and Tech Companies
By: The Guardian November 5, 2020 In an effort to address economic disparity laid bare by the coronavirus pandemic, San Francisco voters overwhelmingly approved several tax measures targeting property owners and big businesses with CEOs paid far higher than their average workers. Under the new law, any company whose top executive earns 100 times more […]