• Brad Gerstner's hedge fund is betting on economy reopening with stocks like Uber, adds Snowflake IPO

    1 month ago - By CNBC

    The hedge fund built sizable new positions in Unity Software as well as Snowflake.
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  • France is pushing ahead with its tax on US Big Tech after a 10-month standoff with Trump, setting the stage for a trade war over makeup and handbags

    France is pushing ahead with its tax on US Big Tech after a 10-month standoff with Trump, setting the stage for a trade war over makeup and handbags

    1 month ago - By Business Insider

    Summary List Placement
    France has demanded US tech giants pay its new 3% digital services tax, in a re-escalation of a trade war with the White House that was put on hold in January.
    The Financial Times reported Wednesday that tech companies including Facebook and Amazon had been told by French authorities over the past few days that they need to pay the tax for 2020. The FT cited company executives, advisors, and French officials.
    A finance ministry official confirmed this in a statement to the Telegraph , saying: "The companies subject to this tax have been notified."
    France's government...
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  • US tech firms like Uber, Lyft, and DoorDash could pay gig workers up to 15% of their compensation in stock under new proposal

    US tech firms like Uber, Lyft, and DoorDash could pay gig workers up to 15% of their compensation in stock under new proposal

    1 month ago - By Business Insider

    Summary List Placement
    US tech firms including Uber, Lyft, and DoorDash could offer independent contractors up to 15% of their compensation in stock under a new regulatory proposal.
    The proposal addresses heated debate in favor of allowing the fast-growing gig economy to enjoy more traditional benefits like job security.
    The SEC's proposal will be open for 60 days of public comment.
    It is unclear if President-elect Joe Biden's new SEC pick will finalize the pilot program.
    Visit Business Insider's homepage for more stories .
    US app-based technology firms like Uber , Lyft , and DoorDash...
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  • US tech firms like Uber, Lyft, and DoorDash could pay gig workers up to 15% of their compensation in stock under new proposal

    1 month ago - By Business Insider

    Pablo Cuadra/Getty Images
    US tech firms including Uber, Lyft, and DoorDash could offer independent contractors up to 15% of their compensation in stock under a new regulatory proposal. The proposal addresses heated debate in favor of allowing the fast-growing gig economy to enjoy more traditional benefits like job security. The SEC's proposal will be open for 60 days of public comment. It is unclear if President-elect Joe Biden's new SEC pick will finalize the pilot program. Visit Business Insider's homepage for more stories. US app-based technology firms like Uber , Lyft , and DoorDash...
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