1. Justin Bieber | 2. Taylor Swift | 3. Kim Kardashian | 4. Ariana Grande | 5. Selena Gomez | Source: Google
German and French finance ministers have proposed that Silicon Valley giants like Google and Facebook pay tax in the countries where they earn revenue. Smaller countries are skeptical the new regulations will work.
Google has launched a legal challenge to the €2.4 billion ($3 billion) fine imposed by the EU for favoring its own shopping service. The legal battle will prolong the internet giant's 7-year fight with the EU.
Facebook, Amazon, Google — why did they get so big, so fast? Economists say winner-takes-all "network effects" make such firms natural monopolies — and that we can expect network effects to become ever more important.
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