Puerto Rico Tax Competitiveness and Pillar Two Skip to content profit shiftingProfit shifting is when multinational companies reduce their tax burden by moving the location of their profits from high-tax countries to low-tax jurisdictions and tax havens. . Pillar Two, the global minimum taxA tax is a mandatory payment or charge collected by local, state, … Read more
Lendlease is facing a big battle with major investors, with a showdown expected later this month.
Meta Platforms’ Oversight Board is reviewing the company’s handling of sexually explicit AI-generated images of female celebrities on Facebook and Instagram. The board aims to evaluate Meta’s policies and enforcement practices around pornographic fakes created using artificial intelligence. The images were not named to prevent further harm, as advances in AI technology have made fake content indistinguishable from real content, leading to an increase in sexual fakes online. Elon Musk’s social media platform also faced challenges with controlling the spread of fake explicit images of Taylor Swift. Industry executives are calling for legislation to criminalize harmful “deep fakes.” One case involved an AI-generated image of a nude woman resembling a public figure from India on Instagram, while the other featured an AI-generated depiction of a nude woman resembling an American public figure on Facebook. Meta initially left up the image of the Indian woman but reversed course after the board selected it for review. Meta has pledged to implement the board’s decisions.