Just as Sony Pictures Entertainment appeared to be recovering from a crippling online attack last month, the studio found itself confronting new perils. Sony was newly rattled by the leak of internal documents, one of which contained the pre-bonus annual salaries of senior executives, showing 17 who earn more than $1 million a year.
· Read the article: The New York Times
U.K. Tax Proposal Targets High-Tech Firms
The U.K. government took aim at tech companies and other international firms, proposing a 25% tax on profits on “economic activity” that is shifted overseas. Treasury chief George Osborne said in his autumn budget statement to Parliament that he wanted to make sure “big multinational businesses pay their fair share.”
· Read the article: The Wall Street Journal
House Subcommittee Delays Net Neutrality Hearing
A key House panel has delayed a hearing on the Federal Communications Commission’s efforts to write new Internet traffic rules aimed at assuring “net neutrality.” The U.S. House of Representatives Communications and Technology subcommittee had been expected on Dec. 10 to quiz all five FCC commissioners about so-called net neutrality rules that would regulate the how Internet service providers (ISPs) manage web traffic that travels through their networks.
· Read the article: Reuters
