Thursday, December 26, 2019

Italy has passed a new law, effective Jan. 1, imposing a 3% tax on some digital revenues of companies with €750M+ in global revenue and at least €5.5M in Italy (Wall Street Journal)

Wall Street Journal:
Italy has passed a new law, effective Jan. 1, imposing a 3% tax on some digital revenues of companies with €750M+ in global revenue and at least €5.5M in Italy  —  New tax threatens to deepen dispute with U.S. on how to tax big tech companies  —  Italy soon will join France …



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A look at the narrowing US-China AI gap, as a spate of compelling, low-cost releases makes Chinese AI models increasingly attractive to businesses (Bloomberg)

Bloomberg : A look at the narrowing US-China AI gap, as a spate of compelling, low-cost releases makes Chinese AI models increasingly att...