Special Offer: Try out The Information today for only $10/month for your first 3 months.
About Us
Pricing Corporate Sales
Briefing
Policy Facebook

Zuckerberg Endorses Global Tax on Tech Giants

By Alex Heath
· · Source: The Information

Facebook CEO Mark Zuckerberg has endorsed a global tax plan proposed by the Organization for Economic Cooperation and Development. The OECD’s plan would change how multinational companies are taxed by having them pay more in countries where they have a significant number of customers, rather than where they develop products or merely have local operations. For Facebook, with over 2 billion users...

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
The Briefing
Better.com’s Valuation Hopes Reflect Fintech Boom: The Information’s Tech Briefing
By The Information Staff · Sept. 23, 2020 5:30 PM PDT

There’s something of a boom going on in finance tech startups, you may have noticed. Our scoop today about Better.com, the online mortgage lender, looking to raise money at a valuation of $4 billion—several times where it was last valued—highlights the trend. 

In the past week other startups in the consumer finance market—Affirm, Chime and Robinhood—have each ...

Latest Briefs
 
WeWork Sells Control of China Business
By Juro Osawa · Sept. 24, 2020
ByteDance Applies for Chinese Export License While Awaiting Outcome of TikTok Negotiations
By Shai Oster · Sept. 23, 2020
ByteDance Asks Judge to Block TikTok Ban, Citing ‘Irreversible’ Harms
By Laura Mandaro and Alex Heath · Sept. 23, 2020
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Startups Microsoft
Tech Execs Are Obsessing Over Note-Taking Apps. We Tested Them Out
By The Information Staff
Investors are newly enamored of note-taking apps, financing startups like Notion Labs, Coda and Roam Research at high valuations.
Profile Media/Telecom Markets
Bourkoff Is Star Media Dealmaker, But Can He Make Shift to Tech?
By Jessica Toonkel
Aryeh Bourkoff hates wasting time. Rather than checking his overcoat when he goes out to lunch during New York’s frigid winters, the investment banker sometimes asks his assistant to walk with him to the restaurant so she can take his coat with her back to the office.
Exclusive Policy Google
In Ironic Twist, Google’s Pro-Privacy Move Boosted U.S. Antitrust Probe
By Nick Bastone
Google has taken a lot of heat for violating people’s privacy. Now it could get in trouble for trying to protect it.
Venture Capital Asia
TikTok Valued at Around $60 Billion, As Deal Structure Emerges
By Kate Clark, Kevin McLaughlin and Jessica E. Lessin
Walmart and Oracle are valuing the soon-to-be formed TikTok Global at between $50 billion and $60 billion, according to two people familiar with the deal, as key aspects of one of the most convoluted global tech deals in history take shape.
The Takeaway Media/Telecom Google
Accepting Kickbacks, Publishers Are Playing Into Tech Companies’ Hands
By Jessica E. Lessin
For years, news publishers have been clamoring for Facebook, Google and Apple to pay for the news content that gets distributed through their services.
Venture Capital Startups
Politics Create High-Wire Act for Tech CEOs
By Zoë Bernard
In June, after protests against the police killing of George Floyd swept the country, Glenn Kelman, CEO of online real estate brokerage Redfin, wrote an email to his customers in which he committed to doing more to help Black customers find homes in neighborhoods they’ve traditionally been shut out of.