Glendale Tech Week 2019 events have gone live! We’ve got 45 pop-up events this year, from an Artificial Intelligence presentation by Beyond Limits, to a talk on the powers and pitfalls of mobile app development, and even a free “tech ride” at Sync Yoga. View the full lineup here, and check out some more opportunities to get involved:
The City of Glendale has received $1 million from the state of California to launch a tech startup accelerator.
Accelerators offer mentoring, marketing, networking, investment opportunities, and other services to early-stage local tech companies seeking to progress to the “next level.”
The City is seeking feedback from startups, accelerators, and community members on how a Glendale-based accelerator would best serve them and make the greatest impact for the region. Click here to join the conversation.
It is quite likely that your data WAS breached as over 100 million people were affected.
Equifax has been ordered to pay a $700 million settlement in response to their 2017 data breach. A whopping $425 million of that total is eligible to be paid out to consumers affected by the breach. First step: check if you’re eligible. If you are, then it’s time to file a claim. Lastly, you’ll need to decide: do you take (up to) $125 in cash or 10 years of credit monitoring. Depending on the number of claims, it’s likely that the more valuable option is the 10 years of credit monitoring. Make sure to file your claim by January 22, 2020.
Innovation peaks in the silicon mountains.
Glendale, California boasts a thriving tech ecosystem that is home to over 1000 high tech firms that generate over $5 billion dollars in sales each year and employ over 41,000 people. Get in on the action during Glendale Tech Week 2019 and during our year round programming.
The French parliament has just approved a 3% digital sales tax aimed at closing the loopholes big tech companies use to bring down their tax bills.
The plan: The tax on sales generated in France will apply to companies with global revenues over €750 million ($849 million) or French revenues over €25 million. It is expected to raise about €500 million a year.
A backlash: Inevitably, most of the companies affected are based in the US. It’s for that reason that the US government has ordered an inquiry into the new tax, with the potential to implement tariffs on French goods in retaliation.
First of many: The low tax yield from wealthy global tech firms is controversial far beyond France. The UK, Spain, Italy, and Austria are considering similar sales taxes, raising the question of how the US will respond if they take effect. Perhaps it might even prompt countries to finally agree on some common tax rules.
source: MIT Technology Review and Wall Street Journal