Space Industry and Business News  
TRADE WARS
Macron presses tech giants on taxes, working conditions
By Laurence BENHAMOU and Clare BYRNE
Paris (AFP) May 23, 2018

French President Emmanuel Macron on Wednesday urged Facebook CEO Mark Zuckerberg and the bosses of other tech companies accused of hoovering up personal data while avoiding taxes to use their clout for global good.

Around 60 industry leaders, including Zuckerberg, Uber CEO Dara Khosrowshahi and IBM chief Ginni Rometty travelled to Paris for talks with the French leader about improving the lives of workers in the gig economy and being better corporate citizens generally.

Zuckerberg arrived from Brussels where he said "sorry" to European lawmakers Tuesday for a huge breach of users' data and by a failure to crack down on fake news.

He was expected to face pressure over his company's tax policies, with Macron leading efforts in the EU to get digital giants to contribute more to public coffers.

Addressing the gathering behind closed doors Macron said they could not ride the coattails of the digital economy without giving back.

"I'm expected frank and direct discussions about how to do more to improve social conditions, (combat) inequality, climate change and together resolve collective problems," the tech-savvy 40-year-old said.

Uber used the occasion of the meeting to announce that it would insure its European drivers and couriers against accidents and sickness, a move aimed at defusing criticism of their precarious working conditions.

Uber said the insurance would be "free and without commitment for over 150,000 eligible partners using the Uber application in Europe."

After their talks at the Elysee Palace, the tech bosses, who were joined by Rwandan President Paul Kagame, a champion of the digital economy, attended workshops to discuss the future of work.

Many will also attend a separate event called VivaTech in Paris on Thursday.

- 'Digital monster' -

Facebook, along with Google, Apple and Amazon, are in the sights of Macron and other EU leaders over their use of low-tax countries such as Ireland to reduce their corporate tax rate to nominal levels.

As well as talking tax and the battle against fake news -- another of his campaigns -- Macron is also keen to stress his pro-business credentials at his "Tech for Good" summit.

The former investment banker is desperate to attract more foreign investment to France and has vowed to turn the country into a "start-up nation."

During a brief break from politics in 2014, he travelled to California on a research trip ahead of the launch of his own start-up, which he had planned in the online learning sector.

He abandoned the idea when given an opportunity to enter the then-Socialist government, but since taking power as president last May he has consistently championed the sector -- while insisting multinationals must pay tax.

Speaking in Brussels in front from European lawmakers on Tuesday, with Liberal leader Guy Verhofstadt asking if he wanted to be remembered as a "genius who created a digital monster".

Zuckerberg said that while Facebook had brought in new features to connect people, it had become clear in the last two years that they "haven't done enough to prevent these tools from being used for harm".

"That was a mistake, and I'm sorry for it."

His livestreamed testimony in Brussels was the latest stop on a tour of apology for a major data breach that saw him quizzed for 10 hours in the US Congress in April.

burs/cb/ser

Facebook

BNP Paribas

MICROSOFT

THALES

SAP

IBM


Related Links
Global Trade News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


TRADE WARS
US, China back off on tariffs, easing trade tensions
Washington (AFP) May 20, 2018
US Treasury Secretary Steven Mnuchin confirmed Sunday that Washington and Beijing have agreed to back off from imposing tariffs on each other, a day after reaching an accord on slashing the American trade deficit with China. "We have made very meaningful progress and we agreed on a framework," Mnuchin told Fox News Sunday. "So right now we have agreed to put the tariffs on hold while we try to execute the framework." China's Vice Premier Liu He, who led a high-level delegation to the United Stat ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
Keep the light off: A material with improved mechanical performance in the dark

Waterloo chemists create faster and more efficient way to process information

Supercomputing the emergence of material behavior

Your body is transparentized in a virtual environment

TRADE WARS
IAP Worldwide Services tapped for satellite systems

Hughes to prototype Multi-Modem Adaptor for Wideband SATCOM use

Navy awards contract to ViaSat for aircraft communication systems

Silent Sentry: Protecting Space Communications

TRADE WARS
TRADE WARS
Swift improves position accuracy and availability for precision farm and shipping customers

Satellite pair arrive for Galileo's next rumble in the jungle

Satellite row tests UK's post-Brexit security plans

Brexit prompts UK to probe developing satellite navigation system

TRADE WARS
Taking Air Travel to the Streets, or Just Above Them

Airborne Tactical contracts for subsonic, supersonic simulation aircraft

Boeing, Airbus, GE among biggest losers from US Iran shift

US Air Force orders stand-down for safety review

TRADE WARS
A new method for studying semiconductor nanoparticles has been tested

Supersonic waves may help electronics beat the heat

Toshiba says China approves sale of chip unit to Bain consortium

High-sensitivity microsensors on the horizon

TRADE WARS
Prized data, free and open to all

How far to go for satellite cloud image forecasting into operation

NOAA finds rising emissions of ozone-destroying chemical banned by Montreal Protocol

Satellite study finds major shifts in global freshwater

TRADE WARS
Researcher warns China's program 'riskiest environmental project in history'

People are pillaging the world's protected areas

EU chokes on own air quality standards

No time to waste: Moscow urged to recycle, not burn









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.