India had imposed a 6% equalisation levy, sometimes referred to as the ‘Google tax’, in 2016. But this latest development is a significant move toward capturing tax on incomes earned by overseas companies through consumption by Indians.
‘Safe harbour protection’ only if intermediaries facilitate and not modify such content, including ads
The Bengaluru-headquartered software services exporter will help Marelli to “standardize, simplify and further enhance their IT services at a global level and consolidate several current vendors across applications management services and workplace end user services”.
Digital general insurance provider Acko has appointed Vishwanath Ramarao as its chief technology and product officer.
Under CEO Brian Humphries, Cognizant is taking a slew of steps to invest and boost growth. In October, the Teaneck, New Jersey-headquartered company said it would cut as many as 7000 jobs, and exit content moderation impacting a further 6000 employees, to slash costs and focus on key businesses.
Cognizant warned of job cuts in October to invest in growth areas such as cloud and internet of things and cushion the impact from a decline in spending by its financial customers, which the company expected to continue through the second half of 2019.
Twitter made the announcement on Tuesday in a blog post. The initial draft was announced in November. It said it collected user feedback ahead of finalising the new policy, using the hashtag #TwitterPolicyFeedback.from Technology News, Latest Gadget Reviews, Gaming & Tech Videos | Times of India https://ift.tt/o3b1NzK
