UK Government Lays Out Plans to Protect Users Online
By: BBC May 12, 2021 Social media firms will have to remove harmful content quickly or potentially face multi-billion-pound fines under new legislation. The government’s Online Safety Bill, announced in the Queen’s Speech, comes with a promise of protecting debate. It is “especially” geared at keeping children safe and says “democratically important” content should […]
Army of Fake Fans Boosts China’s Messaging on Twitter
By: AP News May 12, 2021 BRUSSELS (AP) — China’s ruling Communist Party has opened a new front in its long, ambitious war to shape global public opinion: Western social media. Liu Xiaoming, who recently stepped down as China’s ambassador to the United Kingdom, is one of the party’s most successful foot soldiers […]
Low-Skill Workers Aren’t a Problem to Be Fixed
By: The Atlantic April 23, 2021 Recently, I was mesmerized by a prep cook. At a strip-mall Korean restaurant, I caught a glimpse of the kitchen and stood dumbfounded for a few minutes, watching a guy slicing garnishes, expending half the energy I would if I were doing the same at home and at […]
CEOs Are Hugely Expensive – So Why Not Automate Them?
By: Financial Review April 28, 2021 Over the next two weeks, the boards of BAE Systems, AstraZeneca, Glencore, Flutter Entertainment and the London Stock Exchangeall face the possibility of shareholder revolts over executive pay at their forthcoming annual general meetings (AGMs). As the AGM season begins, there is a particular focus on pay. […]
UK Ministers Urged to Make Tech Giants Responsible for Scams
By: The Guardian May 7, 2021 A coalition of organisations including City of London police and the consumer body Which? is demanding the government make tech giants such as Google and Facebook legally responsible for fake and fraudulent adverts. In a joint letter to the home secretary, Priti Patel, the 17 organisations have […]
How Should Multinationals Be Taxed?
By: The Economist May 10, 2021 FOR YEARS governments have grumbled, simmered and raged as multinational companies have shifted profits out of tax collectors’ grasp and into low-tax havens. The OECD, a club of mostly rich countries, estimated in 2015 that avoidance robs public coffers of $100bn-240bn, or 4-10% of global corporation-tax revenues a […]
Social Media Interactions About Trump Fall 90 Percent Since January
By: The Hill May 5, 2021 Social media interactions about Former President Donald Trump have gone down to 91 percent since January, according to data compiled by NewsWhip. The company found that from Jan 6 to May 3, social media interactions about the former president dropped dramatically after the end of his second impeachment trial. […]
‘Out-of-Control’ Chinese Rocket Falling to Earth Could Partially Survive Re-entry
By: Guardian May 4, 2021 Long March 5B is doing 27,600km/h in failing orbit, with eventual crash site unknown, after launching space station hub The Long March5B Chinese rocket launched a module of the country’s space station on 29 April. The rocket’s core is falling out of Earth’s orbit and is expected to […]
Amazon Had Sales Income Of €44bn In Europe In 2020 But Paid No Corporation Tax
By: The Guardian May 4, 2021 Fresh questions have been raised over Amazon’s tax planning after its latest corporate filings in Luxembourg revealed that the company collected record sales income of €44bn (£38bn) in Europe last year but did not have to pay any corporation tax to the Grand Duchy. Accounts for Amazon EU Sarl, […]