Biden competition adviser offers his take on the executive order politico.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from politico.com Daily Mail and Mail on Sunday newspapers.
Jason Oxman: Thanks, Tom. It’s good to be with you.
Tom Temin: And this bill, of course, sets up regional technology centers lots of money and grants. What is industry’s general take on what it will do?
Jason Oxman: Well, this is an enormously important bill, we’re strongly supportive of this legislation, glad it moved through the Senate, hope it moves through the House quickly and to the president’s desk. It’s really critical for expanding America’s technology leadership. It has, as you mentioned, a lot of investment and focus on technology leadership, on economic competitiveness, U.S. innovation including funding for development of technology centers, research, high tech jobs – there’s really a lot in it that’s going to be important for the U.S. economy and important for our technology leadership around the world.
Amazon enters new era as Jassy takes over politico.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from politico.com Daily Mail and Mail on Sunday newspapers.
Washington may have fallen out of love with Big Tech. But when it comes to revamping the world’s tax system, the United States backed Silicon Valley against the world.
The U.S. government fended off a largely European push to force the likes of Google, Facebook and Amazon to pay more into national coffers worldwide. Instead of targeting digital and almost exclusively American companies, Washington succeeded in convincing countries to agree on a tax regime that requires the world’s largest companies, digital or not, to pay more tax in countries wherever they have local operations.
Those negotiations, overseen by the Organisation for Economic Cooperation and Development (OECD), come to a close Thursday. While talks are ongoing, the U.S. and Silicon Valley are on track to avoid the worst-case scenarios that had initially appeared likely, including national taxes in countries like France and the U.K. that would have solely targeted American tech companies.
Industry worries cyber may got lost amid contracting morass in fed orders scmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scmagazine.com Daily Mail and Mail on Sunday newspapers.