Kenyan President Uhuru Kenyatta has approved the 2020 Finance Bill, proposing amendments to multiple statutes including the Income Tax Act, the Value Added Tax Act of 2013, the Excise Duty Act of 2015 and the Tax Procedures Act of 2015. The most notable aspect of the approval of this new bill is the foundation of …
The company posted its second-quarter earnings today (July 25), and Amazon Web Services (AWS), its cloud-computing division, generated $8.3 billion in the quarter, a jump of more than 35% over the same quarter last year. Cloud services, a business Amazon originally entered to support its own infrastructure, has become incredibly fruitful for the online retailer. …
Big tech companies will now be required to pay a 3% tax of total annual revenues to the French government after a Bill targeting GAFA companies — an acronym for Google, Apple, Facebook, and Amazon — was passed on Thursday. A new 3% tax will be applied to tech companies that make €750 million globally …
A Verizon error resulted in a “cascading catastrophic failure” that triggered widespread internet outages on Monday, affecting Cloudflare, Amazon, Facebook, and others. Website accelerator firm Cloudflare described the event as a “small heart attack” that left websites that rely on it, such as voice and text chat app Discord, unreachable from many parts of the …
Reuters reports from Lima that the presidents of Peru, Colombia, Ecuador and Bolivia have criticized the recent decision by the organization that manages internet protocol to grant global retailer Amazon Inc the rights to the .amazon domain. Amazon Inc has been seeking the exclusive rights to the .amazon domain name since 2012. But Amazon basin …
Facial recognition software is coming under increasing scrutiny from civil liberties groups and lawmakers. Now Amazon, one of the most visible purveyors of the technology, is facing pressure from another corner as well: its own shareholders. As part of Amazon’s annual meeting in Seattle on Wednesday, investors are voting on whether the tech giant’s aggressive …
ICANN has moved a step closer to delegating the .amazon top-level domain to Amazon, the online ecommerce company, after 7 years of negotiations with South American governments, who have been lobbying against the approval, saying “seven years is sufficient time for the parties to reach a reasonable resolution, and in the interest of continued fairness …
In an effort to shut down Telegram, Russia blocks Amazon, Google network addresses ARS Reports. Roskomnadzor—Russia’s Federal Service for Supervision of Communications, Information Technology and Mass Media—moved to enforce a new Russian federal law blocking the use of Telegram. The censorship began with Roskomnadzor instructing Internet service providers to block requests to Internet Protocol addresses of Telegram’s …
Amazon has secured three new domain names related to cryptocurrency, sparking speculation that the e-commerce giant could be preparing a move into the cryptocurrency space. However, Amazon Pay’s VP Patrick Gauthier told CNBC last month that Amazon had no plans to accept cryptocurrency because there hasn’t been much demand yet, and Amazon may simply be …
Amazon.com beat ICANN in the accountability mechanism called Independent Review Process IRP. Amazon was one of the largest applicants for new domain names, but its .brand strategy was slowed down when governments opposed its .amazon application. Amazon’s applications had been rejected three years ago after ICANN accepted Governmental Advisory Committee consensus advice. Amazon beat ICANN …