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The Melloddy project - pharma rivals singing in harmony
In an excellent example of how to harness large data sets with AI whilst maintaining privacy by using blockchain, the Melloddy project has been launched. An acronym for 'Machine Learning Ledger Orchestration for Drug Discovery', the project is a collabora...
Let me introduce you to my data twin
I was amazed this morning to read that there is another version of me living on the internet. Not the "me" I present on social media or my blog, but a version of me that has been curated out of a mix of information I've voluntarily shared, data gathered w...
Adtech – your data to the highest bidder?
Most of us will be familiar with the experience of being followed around the internet by adverts for an item we’ve searched for, or absent-mindedly lingered over, online. What’s behind this? The answer is adtech, specifically “real-time bidding” and “prog...
OECD's update on the digital economy
Earlier today, the OECD's G20 Inclusive Framework on BEPS published a Programme of Work to Develop a Consensus Solution to the Tax Challenges Arising from the Digitisation of the Economy, detailing the technical work to be undertaken in respect of revised...
A turning point for environmental taxes
There are currently hundreds of taxes throughout the European Union that are intended to be “environmental”. These taxes force European companies to bear very significant compliance costs - analyzing the tax rules, collecting the necessary information and...
Rethinking our digital habits
Unsurprisingly - given, for instance, the findings of last year's Ofcom Communications Market Report that most people in the UK are dependent on their digital devices and now check their smartphones, on average, every 12 minutes - more and more people hav...
Regulating social media
Last week, Facebook published its Community Standards Enforcement Report, evidencing high automatic detection rates for sexual, violent and terrorist content and the extent to which Facebook has taken action on such and certain other types of content. Whi...
Technology and shipping - the high seas of antitrust?
As you read this, there are more than five million shipping containers in circulation globally, transporting more than one trillion US dollars' worth of goods each year. Container shipping has always been a traditional industry, conducted in large part b...
Is a digital services tax State aid?
A feature of all the DSTs described in Deeksha Rathi’s earlier post is that they apply only to digital businesses that generate global and domestic revenues above certain (generally very high) thresholds. These proposed taxes focus solely on very large m...
Is a digital services tax potentially State aid?
State aid is not a tax specific concept, but rather a more general principle designed to stop EU member states from interfering in competition by giving selective advantages to particular taxpayers, in order to influence investment decisions or distort tr...