Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 14 March 2012 10:51

Germans want to tax news blogs and search engines

Written by Nick Farrell



All your links are belong to Angela Merkel


German Chancellor Angela Merkel has come up with a wizard wheeze to make a euro or two out of the Internet. While some more enterprising German chancellors might have thought of invading Poland, Merkel thinks that taxing news blogs and search engines is the way to save her country from all those daft loans it gave Italy and Greece.

She wants to slap online news aggregators with a tax to pay publishers for the distribution of press products (such as news articles) on the Internet. Under the deal any business that links to a news article with a brief excerpt is subject to the tax. It means that sites like the Drudge Report, Times 24/7, Real Clear Politics, Digg, Fark and Reddit which collect news from sources spread across the Web will end up making huge amounts of cash to Germany and prop up the failing German publishers.

Basically the new economy is being used to bail out the old economy simply because the old press barons still have a lot of influence on Merkle's government. A couple of years ago the US Federal Trade Commission began work on a project to “reinvent journalism” which would have taxed news aggregators but it was swiftly abandoned.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments