US companies dominate the race for tech supremacy, and Europe appears to be the taking the lead in regulation. But both sides need more of what the other side has to offer. Is that achievable?
The EU has unveiled a proposal to overhaul how multinational tech giants are taxed in the 28-nation bloc to prevent the companies from exploiting tax loopholes. The move is likely to exacerbate global trade tensions.
It's been a ropey period for Facebook, and with Chief Executive Officer Mark Zuckerberg now up before Congress in the US, things may get even ropier. Can the social media stave off a decline that many have predicted?
After Trump reiterated his anti-free trade rhetoric at the G7, European Commission chief Jean-Claude Juncker hit back with a more traditional weaponry known as "the facts." German automakers eye proceedings nervously.
Silicon Valley titans such as Google and Facebook have recently come in for more criticism in Europe than ever before. They were the target of a strong warning from billionaire George Soros in Davos on Thursday night.
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