Tag: digital

‘One day everyone will use China’s digital currency’

Image copyright Chandler Guo Image caption Chandler Guo at one of his cryptocurrency mines Chandler Guo was a pioneer in cryptocurrency, the digital currencies that can be created and used independently of national central banks and governments. In 2014 he set up an operation to produce one of those currencies, Bitcoin, in a secret location in western China. “Mining” Bitcoin… Read more →

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Sunak urges US to back digital services tax

Image copyright PA Media The coronavirus crisis has made tech firms “more powerful and more profitable”, the chancellor said in a letter signed by European counterparts. The letter from Rishi Sunak and finance ministers in France, Italy and Spain says tech giants, like Google, Amazon and Facebook, need “to pay their fair share of tax”. International talks are taking place… Read more →

OECD: No deal on digital tax risks trade war

Image copyright Getty Images Image caption There is a risk of a trade war over tech taxes, OECD Secretary-General Angel Gurría says The head of the Organisation for Economic Cooperation and Development has said countries must agree on an approach for taxing tech giants, or they risk a widespread trade war. The warning from Angel Gurría comes as an increasing… Read more →

With humans vulnerable: How about a digital helper?

Image copyright Cloudminds Image caption The XR-1 at a hospital in China Since February, California-based manufacturer CloudMinds has shipped more than 100 robots to China. Many of those have gone to hospitals, where the XR-1 provides information to patients and helps guide visitors to the right department. The artificial intelligence (AI) incorporated into the machines means they can operate on… Read more →