France Hits Google and Amazon With New Digital Tax to ‘Restore Fiscal Justice’

France Unveils Its New ‘GAFA’ Digital Tax, Named After Those It Targets: Google, Alphabet, Facebook, Amazon The French economy minister on Wednesday unveiled his proposal for a new tax on digital giants from Google to Uber. The 3% revenue tax–known locally as the “GAFA” tax after the initials for Google, Apple, Facebook and Amazon–would apply […]

Data Sheet—Privacy Legislation Is Coming for Big Tech, Facebook Keeps Spying, Tesla Makes Cuts

Good Friday morning. I hope you’ve been enjoying Aaron’s incisive reporting from Barcelona and Clay’s insightful commentary from China. Fortune is a truly global organization. I’m going to end the week where I started, noting the tightening regulatory noose around the necks of the tech behemoths. They’ve built trillions of dollars of value in the […]