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Spanish economy 19th February 2020

Spain’s Government Gives The Green Light To The Google And Tobin Taxes

At its cabinet meeting on Tuesday, the government gave the green light to the implementation of new taxes on digital business and stock market transactions, following similar steps by other European countries. The agreement reached between Spain’s PSOE and Podemos coalition government included the approval of the two taxes, with which the Administration expects to collect about 2.050 billion euros (€1.200 Bn with the digital tax and €850 M with the financial transactions tax).

Google setback to China

World economy 4th December 2019

OECD asks for French Google tax to be replaced by a consensus one

Tensions between France and the United States due to the so-called Google Tax worry the OECD. Washington is moving forward with retaliation tariffs that could be as high as 100% on French goods. The Organization for Economic Cooperation and Development asked all countries to accelerate the implementation of a global tax.

Google setback to China

World economy 13th September 2018

Google’s Playbook to Succeed in China

L.B. Chong via Caixin | The cat is out of the bag: Google LLC is reportedly working on a trial version of a filtered search app for China after a hiatus of eight years. Although Google subsequently reiterated that it was not close to launching a search service in China, this is still big and deeply divisive news.

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Spanish economy 17th March 2018

Spanish House Purchases in 2018: What Can Google Tell Us?

The bullish cycle of the real estate sector consolidated in 2017, as shown by more than 460,000 homes being sold in Spain, up by 14.6% on the previous year. Will Spanish house purchases continue to rise at such a considerable rate? “According to Google search data, the outlook is promising,” say CaixaBank Research economists.

Startups in Google

Spanish economy 27th April 2017

Startups in Google’s Campus Madrid create 2,354 jobs against overall 11,000, raise €37.5 mln funding

The startups in Google’s Campus Madrid have created 2.354 jobs and raised over 37.5 million euros in financing since it began in 2015, according to the company’s annual report on this project. Google points out that the contribution from Madrid to the total jobs created by all the Campuses “is relevant”, given that as a whole, the six centres across the world have created over 11,000 jobs.

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Markets 6th July 2016

Google Resists Europe’s Fiscal Pressure

What’s going on with technology giant Google, and other similar firms like Amazon or Apple, is really scandalous. The company with headquarters in Mountain Valley, and now called Alphabet, posted spectacular pretax profits of 19.651 billion dollars (26% of its income of 75 billion). But it hardly paid any tax abroad.

Google setback to China

Markets 17th May 2016

New Technology Stocks Are The Only Ones Creating Real Value In The US Markets

F. Barciela /F.G. Ljubetic |The stock market valuations of new technology firms have reached dizzy heights in the US over the last few years.  And it doesn’t look as if their stratospheric rise has stopped. Google, now Alphabet, has a stock market value of 491 billion dollars, while Apple’s is 484 billion. Facebook is worth 345 billion dollars and Amazon 337 billion.

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In Europe 13th November 2015

Telcos, OTTs compete on unequal terms in multimillion euro market

Despite the fact the implantation of the digital economy in the western world is unstoppable, the problems and the barriers remain. Proof of that is that the European Union has lost its digital leadership. The creation of a Single European Digital Market could redress that situation.