Navigating the post-COVID future of work: New challenges require new digital technologies

The COVID-19 pandemic has accelerated the need for digital transformation across organizations of all stripes. If companies were not already well underway with their digital transformation before the pandemic, they almost certainly are now. Post-COVID, this transformation will only accelerate.

Around the world, the companies that are furthest along on their transformation journeys are better equipped to manage and emerge from this crisis. Those lagging have found themselves on a burning platform, with too much tech debt, dated software and outdated processes.

At some point, whether in several months or longer, offices will begin to reopen in earnest and technology will help with the return to the workplace. But even when offices do open back up, the traditional office and desktop workspace will become a pre-COVID artifact.

A major change will be the move to a distributed workforce and workplace, which will require multiple technologies and platforms connected by digital

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Health care is going digital and that could make it ‘almost free,’ says tech investor Tim Draper

  • In future, artificial intelligence will help to diagnose patients and develop the medicine required at “very low costs,” says venture capitalist Tim Draper.
  • He said medical costs have been “crazy high” for many years. “Finally, we’re going to have a way of doing health care a lot cheaper.”
  • Ibrahim Ajami of Mubadala, said the coronavirus has led to “probably the most significant acceleration of technology … we will witness in our lives” and that the role of technology in health care has changed.

a group of people in a room: People wait in line to get a 15-minute rapid Covid-19 test on November 24, 2020 in Madison, Wisconsin.

© Provided by CNBC
People wait in line to get a 15-minute rapid Covid-19 test on November 24, 2020 in Madison, Wisconsin.

The use of technology is going to make health care “almost free around the world,” according to venture capitalist Tim Draper.

“Health care is completely going digital,” he told CNBC’s Dan Murphy during a panel discussion at FinTech Abu Dhabi, which was held virtually this

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As our movement and social activity is once again restricted nationally in an effort to curtail the spread of the COVID-19 virus, we at Vodafone remain steadfast in our commitment to help keep families, friends, colleagues and businesses connected at this time.

The last eight months have shown us just how valuable network infrastructure is to our economy and society and we must not lose sight of the need to invest in the next generation of network capability. And so, while our teams continue to manage the ongoing increased demand on our network and help our customers, we are also focused on the future – and on 5G.

At Vodafone, we believe in enabling technology that has a positive impact on our citizens and communities and that which supports the build of our digital society.

Through significant investment and innovation, we have paved the way in developing and deploying 5G

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France orders tech giants to pay digital tax

The French Finance Ministry has sent out notices to big tech companies liable for its digital service tax to pay the levy as planned in December, the ministry said on Wednesday.

France suspended collection of the tax, which will hit companies like Facebook and Amazon, early this year while negotiations were underway at the Organisation for Economic Cooperation and Development on an overhaul of international tax rules.

The Finance Ministry has long said it would collect the tax in December as planned if the talks proved unfruitful by then, which is what happened when the nearly 140 countries involved agreed last month to keep negotiating until mid 2021.

“Companies subject to the tax have received their notice to pay the 2020 installment,” a Finance Ministry official said.

France last year applied a 3 percent levy on revenue from digital services earned in France by companies with revenues of more than

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France orders Big Tech to pay digital tax despite threat of US tariffs

France will require big tech companies to pay its digital services tax, a move that is likely to trigger retaliation by President Donald Trump and pitch the incoming US administration into another trade fight.

a store inside of a building: A worker walk in the Amazon's distribution center of Saran on October 26, 2018, central France. (Photo by GUILLAUME SOUVANT / AFP)    (Photo credit should read GUILLAUME SOUVANT/AFP/Getty Images)

© Guillaume Souvant/AFP/Getty Images
A worker walk in the Amazon’s distribution center of Saran on October 26, 2018, central France. (Photo by GUILLAUME SOUVANT / AFP) (Photo credit should read GUILLAUME SOUVANT/AFP/Getty Images)

The 3% tax on revenue from digital services in the country was introduced last year. But the French government had suspended collections while negotiations on a broader overhaul of the global tax system played out at the Organization for Economic Cooperation and Development. Those talks have not produced a breakthrough.

“Companies received the tax notice for this year,” the finance ministry said in a statement on Wednesday. Google, Facebook and Amazon are among the US tech firms that will have to pay

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India can create $1 trillion of economic value using digital technology by 2020: Amitabh Kant

Niti Aayog CEO Amitabh Kant on Thursday said digital infrastructure has become indispensable to the functioning of society and India can create USD 1 trillion of economic value using digital technology by 2025.

Addressing a virtual event organised by industry body FICCI, Kant said the COVID-19 pandemic has provided an impetus to the ever-expanding digital infrastructure.

“Digital infrastructure has become indispensable to the functioning of society… India can create USD 1 trillion of economic value using digital technology by 2025,” he said.

He added that digital infrastructure has emerged as more significant infrastructure as compared to traditional infrastructure necessities such as power and road. It is crucial for India to augment digital infrastructure to utilise frontier technology in economic development, Kant said.

The digital is the future, Kant said adding that if India wants to improve the social sector or health sector then going digital is critical.

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France orders big tech firms to start paying digital tax

France is moving ahead with its plan to implement a controversial digital tax on big tech companies, sending out notices to various companies today informing them they’ll be required to pay up if they want to continue doing business there.

The tax is being championed by the French Economy Minister Bruno Le Maire, who argues that big tech companies aren’t being taxed properly by European nations.

The problem is that big tech firms, which include Inc., Apple Inc., Facebook Inc., Google LLC and Microsoft Corp., take advantage of a loophole in European Union law. The loophole means they can generate lots of revenue in various European countries and report that to tax authorities in just one country, such as Ireland, which has a lower corporate tax policy. That means they end up paying far fewer in taxes than they would if they were to report in the country where

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Will BuzzFeed lead a SPAC gold rush for smaller digital media players?

  • BuzzFeed’s acquisition of HuffPost has sparked speculation that BuzzFeed could try to buy other digital media companies, possibly by joining forces with a SPAC.
  • SPACs, or Special Purpose Acquisition Companies, armed with hundreds of millions of dollars are already evaluating a variety of digital media ventures.
  • SPACs are likely to eye media companies with name recognition, like Vice Media or Vox Media.
  • Visit Business Insider’s homepage for more stories.

Is Jonah Peretti’s BuzzFeed on a path to going public? 

At small private industry dinners from Los Angeles to New York, executives from Special Purpose Acquisition Companies, or SPACs, are flooding the zone.

Last week, Buzzfeed stunned COVID-cowed medialand with news it was acquiring digital newspaper HuffPost from Verizon and giving the phone giant a stake in a larger entity. Verizon agreed to invest in the new company, sparking speculation that Peretti would try to add other companies while remaining independent,

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Mastercard expands digital ID trial with Deakin and Australia Post


Image: Mastercard

Mastercard announced the quiet expansion of the trial for its digital identification service, following the successful completion of phase one with partners Deakin University and Australia Post.

Announced in December, the three parties kicked off two trials: The first for an identity verification process of student registration and digital exams at Deakin’s Burwood and Geelong campuses in Victoria, and the second integrating Mastercard’s digital ID solution with the one the postal service is working on.

See also: Australia Post a ‘trusted’ service provider for government identification

The pilot saw students create a digital identity in Australia Post’s Digital ID app and use it to gain access to Deakin University’s exam portal. Mastercard said the ID successfully orchestrated the sharing of verified identity data between the two parties, sending only the specific personal information required to permit entry using its network.

The three organisations expanded the trial to verify

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“Dr. Obadare Peter Adewale, of Digital Encode Limited, accepted into Forbes Technology Council”

LAGOS, Nigeria, Nov. 25, 2020 /PRNewswire-PRWeb/ — Dr. Obadare Peter Adewale, Co-Founder and Chief Operating Officer of Digital Encode Limited, who is arguably the most credentialed and Multi-Award winning cybersecurity professional in Africa has been accepted into Forbes Technology Council, an invitation-only community for world-class CIOs, CTOs, and technology executives.

Dr. Obadare Peter Adewale was vetted and selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honors.

“We are honored to welcome Dr. Obadare into the community,” said Scott Gerber, founder of Forbes Councils, the collective that includes Forbes Technology Council. “Our mission with Forbes Councils is to bring together proven leaders from every industry, creating a curated, social capital-driven network that helps every member grow professionally and make an even greater

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