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Google, Facebook face 3% turnover tax in EU: report

Multinational US technology companies like Google and Facebook will have to pay a 3% turnover tax in the EU, according to a draft proposal from the European Commission.

Greg Medcraft: Bitcoin doesn’t have a future

A former ASIC chairman has predicted a grim future for bitcoin unless the original cryptocurrency changes the way it operates.

NSW pensioner wins right to privacy on public transport

A resident of NSW has won the right to be allowed not to register his details when using a seniors Opal card, a smartcard that is used for transport in the state.

Greenbox launches govt, defence-certified IT services Canberra centre

Greenbox Systems has formally launched its new Canberra IT Commissioning Centre, a highly-secure IT lifecycle services facility specifically designed for the federal government and defence sectors.

New rules on cryptocurrency agencies from 3 April

Australians who wish to purchase cryptocurrencies will have to first provide identity documents and open an account with the digital currency provider in question, a spokesperson for Minister for Law Enforcement and Cyber Security, Angus Taylor (below, right), says.

UK delays age verification scheme for porn websites

The UK has put off till "later in the year" the implementation of an age verification system for limiting access to pornography websites by its citizens.

EU plans to tax big tech multinationals on local revenue

French economy minister Bruno Le Maire says the EU has plans to tax big multinational technology companies — like Google, Apple, Facebook and Amazon — between 2% and 6% of their revenue, with the figure being closer to the lower end.

US claims Huawei would endanger ties with Australia

The United States has ramped up the pressure on Australia to keep Chinese telecommunications giant Huawei out of major Australian contracts, with a Republican Congressman warning that the US-Australia relationship could be damaged if the Chinese vendor was involved in building 5G networks Down Under.

'Anti-Huawei law' to take effect in September

An Australian telecommunications law that takes effect in September this year has provisions to address any concerns about companies that are involved in future projects in the country.

EU gives Facebook, Google an hour to remove terrorist content

The European Union has tightened the screw on online companies, including Google, Facebook and Twitter, giving them an hour from notification to remove terrorist content which is posted on their platforms.

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