Is Netflix dodging tax in Australia?

Published

3 years ago

May 3, 2021

In Australia, Netflix is under fire for paying around half a million dollars in tax despite estimates it brought in more than $1 billion dollars in revenue last year.

It’s an insight into how the company operates and profited from the stay-at-home measures put in place due to the pandemic.

The US-based streaming giant is slowly increasing the amount of income tax it pays locally, coughing up around $550,000 for 2020.

However, the company continues to use a corporate structure allowing a Netherlands-based subsidiary to recognise its Australian revenue.

Can digital clones revolutionise work and education?

Published

18 hours ago

May 1, 2024

ticker NEWS

AI startups have begun offering digital clones tailored for executives and educators alike.

These digital replicas, equipped with advanced machine learning algorithms, aim to streamline various aspects of their real-life counterparts’ roles.

Tom Finnigan from Talkbrands.ai joins to discuss #FEATURED

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Will Biden’s AI initiative fuel innovation or halt progress?

Published

18 hours ago

May 1, 2024

ticker NEWS

Biden-⁠Harris administration announces key AI actions 180 days following President Biden’s landmark executive order.

In response to President Biden’s pivotal Executive Order on Advancing Artificial Intelligence (AI), the Biden-Harris administration has unveiled significant actions aimed at bolstering the nation’s AI capabilities.

Dr. Karen Sutherland from UniSC joins to discuss. #featured

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Twitch looks to Tiktok: pretender or a perfect pairing?

Published

19 hours ago

May 1, 2024

ticker NEWS

Twitch has introduced a new feature called the discovery feed, which functions similarly to TikTok’s feed.

This feature is designed to help users quickly find content they enjoy on the platform. With the discovery feed, users can preview numerous live streams and clips without encountering pre-roll ads, making it easier to browse and find something to watch within minutes.

The update is being rolled out to all users gradually, with the new Feed tab becoming available on the Twitch mobile app. This update aims to enhance the user experience by providing a more efficient way to discover and engage with content on Twitch.