Commonly seen as a tech-friendly hub, the U.K. is now targeting the likes of Alphabet Inc. and Facebook Inc. by introducing a digital services tax, joining the growing chorus against cash-roch tech giants.
U.K. Chancellor of the Exchequer Philip Hammond unveiled the measure in his Autumn Budget in London. Aiming to raise 400 million pounds a year ($512 million) for the government, Hammond said the tax was designed to hit the largest internet businesses — not consumer or internet startups.
Saudi Arabia controversially elected chair of UN forum for women’s rights
Saudi Arabia was on Wednesday appointed chair of the United Nations’ top forum for women’s rights and gender equality, a...
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