Latest news with #multinationalCorporations
Globe and Mail
16-07-2025
- Business
- Globe and Mail
Eligo eVoting Launches Low-Coercion and Verifiable Digital Voting Protocol in the U.S.
Eligo eVoting announces the U.S. release of its secure digital voting protocol, designed with low coercion and end-to-end verifiability to ensure transparency and voter autonomy across private and public organizations. Eligo eVoting has announced the U.S. launch of its secure digital voting protocol, built on the principles of low coercion and end-to-end verifiability (E2E-VIV). The platform ensures privacy, eliminates vote manipulation, and reinforces trust without requiring a central scrutiny authority. This next-generation solution is already used by leading multinational corporations, trade unions, universities, and public institutions across Europe and Latin America. Now, Eligo aims to empower U.S. organizations, both public and private, with a system that guarantees voter autonomy and result integrity from start to finish. A new era of transparent voting Traditional digital voting systems often rely on internal oversight to verify accuracy and trustworthiness. Eligo's innovative online voting system removes that dependency through a self-verifying cryptographic framework. Its end-to-end verifiable architecture allows voters to independently confirm that their vote was cast as intended, recorded as cast, and counted as recorded, all while preserving complete anonymity. At the same time, the system incorporates low coercion protocols to minimize the risk of undue influence during the voting process. This ensures that votes are not only secure, but genuinely free expressions of the voter's will, even in remote or hybrid voting environments. 'We developed this protocol to help organizations run secure, independent, and transparent elections,' said Irene Pugliatti, CEO of Eligo eVoting. 'By combining low coercion with end-to-end verifiability, we're supporting confidence in digital voting processes worldwide.' Security without complexity What sets Eligo apart is its ability to combine state-of-the-art online voting security with a user-friendly interface. From online board elections and union votes to general assemblies and referendums, the platform is fully customizable and ready to scale for elections of any size or complexity. The newly released E2E-VIV protocol, developed by the University of Warwick, is based on a variant of the DRE-ip protocol to provide E2E verifiability with support for low coercion mitigation (revoting capability). Eligo system still supports digital signature and timestamping to ensure immutability of all reports according to PADES standard. Furthermore, Eligo adheres to strict international standards, including ISO/IEC 27001 for information security and ISO 9001 for quality management, reinforcing its commitment to data protection and process excellence. A growing footprint in the Americas Eligo's arrival in the U.S. follows a string of successful implementations across Latin America, including high-impact elections for professional associations, national trade unions, and universities in Mexico, Chile, and Colombia. Its presence in the Americas is rapidly expanding as organizations seek digital solutions that offer both flexibility and institutional-grade reliability. The U.S. market represents a key milestone in Eligo's global expansion strategy. With growing demand for modern governance tools, especially in hybrid work environments and increasingly digital civic engagement, the company sees strong alignment between its technological values and the expectations of American institutions. Experience real transparency Eligo is inviting U.S.-based organizations, from corporations to municipalities, from associations to academic institutions, to experience the platform in action. Live demos are now available upon request, allowing stakeholders to test drive the system and explore its secure, verifiable features. Book a live online voting demo to explore how Eligo's online voting software supports transparent and verifiable digital voting for public and private organizations. About Eligo eVoting Founded in Milan and operating across Europe and Latin America, Eligo eVoting is a digital voting platform designed to modernize the way organizations vote. With a focus on transparency, security, and usability, Eligo has enabled over 10,000 secure elections globally for companies, associations, unions, universities, and public bodies. The platform supports multiple voting methods, complies with international data protection regulations, and now offers a fully end-to-end verifiable protocol with low coercion safeguards for the U.S. market. Media Contact Company Name: Eligo Contact Person: Irene Pugliatti Email: Send Email Country: Italy Website:
Wall Street Journal
19-06-2025
- Business
- Wall Street Journal
‘Revenge' Tax? Section 899 Is More Like Repair
Much of the financial press has taken to labeling Section 899 of the reconciliation bill a 'revenge tax'—generally leaving out what exactly it's revenge for. The section would allow the Treasury secretary to tax certain income of residents and firms of a country that imposes unfair extraterritorial and double taxation of U.S. companies. Given that foreign corporations and other interests are lobbying against the provision, it's worth examining who the winners and losers might be and therefore why some think the tax represents 'revenge.' During the last administration, Treasury Secretary Janet Yellen led American participation in discussions among nations in the Group of 20 and the Organization for Economic Cooperation and Development to harmonize the global taxation of large multinational corporations. The goal was to prevent a 'race to the bottom,' in which countries slash tax rates to attract firms to incorporate in their jurisdictions. Neither the OECD nor the G-20 has any rule-writing authority, but those discussions led to an agreement—never submitted to Congress for approval—that allows foreign countries to change their tax rules regarding the taxation of multinationals with annual revenue over €750 million (about $860 million). Known as Pillar Two, this framework allows each country to tax the profits of foreign subsidiaries in their country at a minimum rate of 15%. The parent company is responsible for imputing that tax to lightly taxed countries. This conflicts with parts of U.S. tax law and can lead to double taxation and extraterritorial taxation in some cases. Unilateral digital-services taxes can be levied under the same rubric. The previous administration, led by the Treasury secretary, both encouraged and acquiesced to other nations changing their own tax laws in line with Pillar Two against the interests of many U.S.-owned multinationals. Many in Congress spoke out against this at the time and introduced Section 899 in the 2023 House reconciliation bill. Its inclusion in the 2025 reconciliation bill is a second attempt to pass it, given the outcome of the 2024 election.
Yahoo
19-06-2025
- Business
- Yahoo
Why enterprises increasingly adopt MDaaS
As businesses navigate the complexities of modern work environments, demand for mobile devices as a service (MDaaS) is growing, particularly among multinational corporations (MNCs) and larger enterprises. The subscription-based model allows organisations to manage their mobile device estates more efficiently while reducing capital expenditures. This flexibility is especially attractive to companies with diverse operational needs, as it enables them to tailor solutions to specific requirements without incurring unnecessary costs. One of the primary drivers of MDaaS adoption is sustainability. Enterprises are increasingly prioritising environmentally friendly practices in their technology choices, seeking solutions that align with their corporate social responsibility goals. The report highlights that many organisations now expect their technology providers to offer secure recycling and refurbishment options for devices. BT's Device Lifecycle Management service exemplifies this trend by promoting sustainable practices that ensure devices are reused or recycled, reflecting a growing commitment to the circular economy. John Marcus, GlobalData's lead analyst, emphasises the importance of sustainability in the MDaaS landscape. "Sustainability is no longer a luxury; it's a necessity," he states. "Organisations are transitioning from CapEx to OpEx models to access the circular economy while minimising resource consumption." This shift not only helps companies meet their environmental goals but also enhances their overall operational efficiency. The report also highlights the rising demand for modular and customisable offerings within the MDaaS market. Enterprises have learned from experience that one-size-fits-all approaches often lead to inefficiencies and employee dissatisfaction. Providers like Telefónica and Vodafone are responding to this need by offering tailored solutions that allow businesses to select specific features based on their unique operational requirements. This customisation is particularly appealing to larger enterprises, as it enables them to sidestep the pitfalls of traditional procurement methods while enhancing employee satisfaction. Looking ahead, the integration of advanced technologies such as AI and automation is expected to drive further innovation in the MDaaS landscape. Providers anticipate that AI-driven tools will enhance support, streamline logistics, and improve overall service delivery. As organisations increasingly rely on mobile devices for their operations, the need for robust security solutions also becomes paramount. While many providers offer security features as part of their MDaaS packages, there is still significant room for improvement in integrating these solutions seamlessly into the overall service offering. The report underscores that enhanced logistics and support services are critical components of MDaaS that drive ongoing customer demand. Organisations require reliable logistics to ensure device availability and continuity, particularly in multinational operations. Comprehensive management of the device lifecycle, from deployment to disposal, allows businesses to focus on their core operations without the burden of managing devices in-house. GlobalData expects that MDaaS will continue to account for a growing portion of enterprise mobile usage, with providers likely to broaden their offerings to include a wider range of devices, such as laptops and wearables. This diversification will cater to the evolving needs of enterprises as they adapt to evolving hybrid work models and increasingly complex operational environments. "Why enterprises increasingly adopt MDaaS" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-06-2025
- Business
- Yahoo
The 6th Qingdao Multinationals Summit to Be Held on June 18, Signaling China's Commitment to Expanding Opening-Up and Boosting Foreign Investment
QINGDAO, China, June 15, 2025 /PRNewswire/ -- A news report from Information Office of the People's Government of Shandong Province: To help multinational corporations better understand, invest in, and succeed in China, the sixth Qingdao Multinationals Summit (QMS), co-hosted by the Ministry of Commerce of China and the Government of Shandong Province，will be held in Qingdao from June 18th to 20th. The summit is themed " Multinationals and China: Connecting the World for Win-Win Cooperation ". Enterprises attending the summit come from 43 countries and regions across six continents, with over 50% from emerging markets who will explore collaborations in areas such as fund investment, new energy, modern agriculture, seawater desalination. There are 471 representatives of multinational corporations, including 121 guests (over 20%) specializing in modern finance and artificial intelligence. This summit will feature an opening ceremony and a forum on high-quality development of multinational corporations, three themed activities, and multiple parallel events covering four major sectors. This summit will launch the Overseas Fund Investment Cooperation Forum, Silver Hair Economy Forum, and General Aviation and Low altitude Economic Development Forum. The summit will offer 28 industrial chain inspection routes for on-site inspections, and facilitate cooperation negotiations. It will also release a series of research reports on "Multinational Corporations in China". Focusing on upgrading traditional industries, strengthening competitive industries, clustering emerging industries, and seizing opportunities in future industries, the summit will organize investment docking activities to expand new avenues for industrial cooperation. In terms of foreign trade, efforts will be made to explore emerging markets in South America, the Middle East, Central Asia, Africa, and Russia, and hold economic and trade negotiation activities in the fields of service trade, digital trade, and cross-border e-commerce. Since the first summit in 2019, the Qingdao Summit serves as a communication platform for multinationals to engage in policy dialogue, industrial alignment, and project cooperation. It is committed to deepening global industrial and supply chains integration, facilitating trade and investment collaboration between multinationals and China, sharing new opportunities arising from industrial transformation and upgrading, and fostering deeper mutual benefit and win-win cooperation for multinationals and China. Contact:Zijian Liu2658986795@ View original content: SOURCE Information Office of the People's Government of Shandong Province
Khaleej Times
04-06-2025
- Business
- Khaleej Times
Dubai office prices, rents jump by 24% in first 3 months of 2025
Dubai's office market will remain landlord-driven due to limited availability and sustained demand. According to analysts at Cavendish Maxwell, the shortage of Grade A office space is driving spillover demand, pushing prices higher in Grade B and C segments. 'Office sales prices rose 24.5 per cent year-on-year, while rental rates increased by 24 per cent, fuelled by limited availability and sustained demand, especially in Grade A accommodations. Additionally, ongoing shortages of Grade A space are driving spillover demand, pushing prices higher in the Grade B and C segments,' analysts said in the first quarter report. Dubai's office market maintained strong momentum in the first quarter of 2025 as the Dubai International Chamber reported a 39 per cent year-on-year increase in new foreign company registrations, including 11 multinational corporations and 42 SMEs. 'Dubai's office market entered 2025 with strong momentum, supported by steady economic growth, high levels of business formation, and resilient trade performance, all within a stable macroeconomic environment. This foundation is further strengthened by strategic infrastructure development, world-class connectivity, and a pro-business regulatory framework. Together, these factors have driven robust performance in the first quarter of 2025, reaffirming Dubai's status as a leading destination for regional and international capital despite ongoing geopolitical and economic uncertainties,' said analysts at Cavendish Maxwell. In the remainder of 2025, analysts see the office supply pipeline remains robust and may offer some relief to tenants. It is projected that approximately 215,000 sqm of new office space is expected to enter the market; however, actual completions are often lower than projected due to market factors, while pre-booking of units further reduces immediate availability. 'As a result, occupancy rates are expected to remain elevated throughout 2025, supported by strong and sustained demand that continues to outpace supply. Given this supply-demand dynamic, the market is expected to remain landlord-driven, with landlords maintaining significant leverage. Both sales and rental prices are projected to rise further throughout 2025, primarily due to ongoing supply constraints,' said analysts at the property consultant firm. It added that some tenants may downsize or relocate, while others might embrace flexible workspaces or pre-commit to pipeline projects. The office sales market reflected this positive sentiment, with approximately 900 transactions completed in Q1 2025, a 23.7 per cent year-on-year increase, driven by strong activity in both ready and off-plan segments. Notably, off-plan transactions surged, accounting for 18.9 per cent of all deals compared to just 8.1 per cent in Q1 2024, highlighting growing buyer confidence in future developments.
