EU proposes $6.2-billion tax on Facebook, Google and other tech giants

European policymakers are suggesting a new tax on tech giants such as Facebook and Google. It would tap into revenues in countries where the firms have the bulk of their users and customers, imposing a 3% tax on income from online advertising, the sale of user data and the connecting of users.
Read more: http://www.latimes.com/business/technology/la-fi-tn-tech-tax-20180321-story.html?source=Snapzu

People were asked to name women tech leaders. They said “Alexa” and “Siri”

The tech industry has a persistent problem with gender inequality, particularly in its leadership ranks, and a new study from LivePerson underscores just how depressingly persistent it truly is. When the company asked a representative sample of 1,000 American consumers whether they could name a famous woman leader in tech, 91.7% of respondents drew a complete blank, while only 8.3% said they could.
Read more: https://www.fastcompany.com/40547212/people-were-asked-to-name-women-tech-leaders-they-said-alexa-and-siri?source=Snapzu

Facebook Just Lost More Than Tesla's Entire Market Cap in Two Days

Facebook Inc.’s privacy crisis has turned into a shareholder crisis. The social media giant has lost over $60 billion in market value over the past two days, following revelations that personal data of millions of users was obtained by a data analytics firm. That’s more than the market capitalization of Tesla Inc. at around $52 billion or three times that of Snapchat owner Snap Inc. at about $19 billion.
Read more: https://www.bloomberg.com/news/articles/2018-03-20/facebook-sees-tesla-sized-chunk-vanish-from-market-cap-in-2-days?source=Snapzu

BBC presenter reveals she tried to kill herself over corporation's handling of her tax affairs

BBC presenters attempted suicide and suffered “irreparable damage” because of the corporation’s “horrific” handling of their tax affairs. The corporation has been accused by 21 workers, including prominent television and radio presenters, of forcing them to set up personal service companies or risk losing their jobs.
Read more: https://www.telegraph.co.uk/politics/2018/03/20/bbc-presenter-reveals-tried-kill-corporations-handling-tax-affairs/?source=Snapzu

The power players behind Cambridge Analytica have set up a mysterious new data company

Rebekah and Jennifer Mercer, daughters of hedge fund tycoon Robert Mercer, have just joined the board of a mysterious new company set up by executives at scandal-hit political research firm Cambridge Analytica. According to public filings at Britain's Companies House, Emerdata was incorporated in August 2017 and the Mercers were appointed to its board on March 16 this year.
Read more: http://www.businessinsider.com/cambridge-analytica-executives-and-mercer-family-launch-emerdata-2018-3?source=Snapzu

Facebook’s Stock Tumbles Again, Value Drops By More Than $50 Billion

Facebook’s stock is sliding for the second day in a row. Shares of Facebook fell another 5 percent Tuesday on the heels of the company’s worst day in four years. More than $50 billion has been wiped off Facebook’s market value this week. Investors punished Facebook after Cambridge Analytica, which had ties to President Trump’s 2016 campaign, reportedly accessed information from about 50 million Facebook users to influence voters.
Read more: http://philadelphia.cbslocal.com/2018/03/20/facebooks-stock-tumbles-again/amp/?source=Snapzu

What the Founding Fathers' Money Problems Can Teach Us About Bitcoin

The challenges faced by the likes of Ben Franklin have a number of parallels to today’s cryptocurrency boom
Read more: https://www.smithsonianmag.com/innovation/founding-fathers-moey-problems-bitcoin-180968393/?source=Snapzu