Apple’s victory throws EU’s digital tax into doubt July 16, 2020 Apple’s successful appeal against a €13.1bn fine from the European Commission could leave the EU’s digital tax strategy at risk of unravelling, experts have warned. A top European court yesterday annulled a decision passed by the Commission in 2016 ordering Apple to pay Ireland more than €13bn in back taxes. It said the executive body [...]
Twitter bitcoin scam: Blue tick accounts blocked after massive data breach July 16, 2020 Hackers managed to infiltrate Twitter’s most notable blue tick accounts last night and send scam tweets supporting bitcoin before the social network clamped down on the breach. Bill Gates, Elon Musk and Jeff Bezos were three such accounts hackers managed to compromise. Others included Apple’s official Twitter account, with tweets typically promising to double people’s [...]
Time to break down the barriers holding back ethnic minority entrepreneurs July 16, 2020 The past few months have been incredibly challenging for many of us on many levels. An extended lockdown period has disrupted personal and professional lives, triggering one of the sharpest recessions in history. One positive we can point to, however, is the opportunity to sort out the structural inequalities that prevent millions from achieving their [...]
Beyond lockdown: The tech trends to watch July 16, 2020 Covid-19 has indelibly altered the way we live and work. As lockdown restrictions ease, it is vital that British businesses address the implications of the pandemic as part of their long-term strategies. However, rather than viewing this as a “restart”, companies should make the most of this opportunity to “rethink” their approach to a post-lockdown [...]
Google injects $4.5bn into India’s Reliance Jio unit July 15, 2020 Google has become the latest technology giant to invest in Reliance’s digital unit Jio Platforms, putting up $4.5bn in exchange for a 7.7 per cent stake. Reliance has now gained a total of $20.2bn from strategic and financial investors in the last few months — surpassing the $15.4bn that the entire Indian startup sector took [...]
Google ousted from NHS coronavirus data project July 15, 2020 Google has been dropped from a partnership deal with the NHS to populate its coronavirus database, posing a setback for the tech giant’s plans to integrate into the UK’s digital infrastructure. The health service’s digital arm NHSX signed a contract with Google in April to consult on the project, but the deal was terminated last [...]
Trump on UK’s Huawei U-turn: ‘I did this myself’ July 15, 2020 US President Donald Trump has said he is responsible for the UK’s reversal on an earlier policy decision regarding Chinese tech firm Huawei. The government said yesterday Huawei equipment must be purged completely from the UK’s 5G network by the end of 2027. “We convinced many countries, many countries — I did this myself for [...]
Is the office an analogue product in a digital world? July 15, 2020 | City Talk Reports of the death of the office are premature, but change is coming as Covid-19 means more of us will work from home in the future. The Covid-19 pandemic has acted as a catalyst, accelerating a number of global trends. One of the most significant of these is working from home, a trend which is [...]
Apple wins appeal against EU’s €13bn Irish tax fine July 15, 2020 Apple has won an appeal against the European Commission over €13.1bn in back taxes it was ordered to pay the Irish government in 2016. The tech firm was fighting alongside Ireland to challenge the EU’s ruling, which said the pair violated state aid rules in a tax deal that permitted Apple to record its sales [...]
Former BP boss Lord Browne to step down as Huawei UK chair July 14, 2020 Lord John Browne has resigned as UK chairman of Huawei, ahead of an expected ban on the telecoms provider to be announced later today. He will step down from the board in September, ending his tenure seven months early. Culture secretary Oliver Dowden is expected to tell MPs this afternoon that the government will ban [...]
