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Andrew Yang proposes tax on digital ads in swipe at Google, Facebook

15. 11. 2019 | 12:11

Democratic presidential candidate Andrew Yang proposed a tax on digital ads that takes aim at the revenue models of companies such as Facebook Inc. and Alphabet Inc.’s Google. Along with a proposal for a Cabinet-level secretary of technology, the value-added tax was among a series of ideas for regulating privacy, antitrust issues and digital platforms’ impact on democracy released Thursday by the former tech entrepreneur.

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Facebook advertising revenue withstands controversies

15. 11. 2019 | 12:11

Shares in Facebook rose as much as 6 per cent on Wednesday after the social media group topped third-quarter earnings forecasts, in a sign that advertisers and users continue to flock to the platform in spite of recent scandals and heightened regulatory scrutiny.