The Waves of Tech

The Waves of Tech


China’s Social Credit System And France Levies Tax On Internet Giants

March 05, 2019

We learned this week that the French government is set to decide on implementing a new tax on internet giants that profit on targeted digital advertising and re-selling of personal user data. The Chinese government has a system in place - the social credit score - that ranks individual citizens and that scores provides certain freedoms such as travel, mortgages, and choice of school. Retail stores around the United States and abroad continue to close but it is for many more reasons that simply Amazon and the online shopping spike.