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Maryland Becomes First State in Country to Place a Tax on Big Tech’s Digital Advertising Revenue

Maryland Becomes First State in Country to Place a Tax on Big Tech’s Digital Advertising Revenue

Photo: Loic Venance/AFP (Getty Images) Maryland decided to take a chunk of Big Tech’s advertising dollars on Friday, successfully passing legislation that would place a maximum tax of 10% on revenue from digital ads. Analysts estimate that the tax will generate about $250 million in its first year, money that the Maryland says will go …

Maryland Becomes First State in Country to Place a Tax on Big Tech’s Digital Advertising RevenueRead More

FTC Fines Ticket Brokers $3.7 Million in Scalping Settlement

FTC Fines Ticket Brokers $3.7 Million in Scalping Settlement

Photo: Ishara S. Kodikara (Getty Images) Federal authorities have brought their first-ever case under a 2016 anti-bot law to crack down on ticket scalpers. Three New York-based ticket brokers were ordered to pay $3.7 million in fines after allegedly making millions of dollars through bot-powered ticket reselling schemes, the Federal Trade Commission announced Friday. The …

FTC Fines Ticket Brokers $3.7 Million in Scalping SettlementRead More