Technology

Facebook faces a $3.2 billion lawsuit

Facebook faces a $3.2 billion class action lawsuit in the UK for allegedly abusing its dominant market position by exploiting the personal data of 44 million users. Liza Lovdahl Gormsen, a senior adviser to the UK’s Financial Conduct Authority (FCA), said it will represent Facebook users from 2015 to 2019 in the UK to bring […]

Technology

G20 is about to tax Apple, Facebook globally

The new deal approved by G20 leaders obliges large companies to pay taxes of at least 15% worldwide. Follow BBC, leaders at the G20 summit, including 20 major economies, have reached an agreement to impose tariffs globally with large companies, a tax rate of at least 15%. The agreement was approved on October 31 (US […]