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UK subscription site popular with amateur porn models may face huge unpaid tax bill

UK subscription site popular with amateur porn models may face huge unpaid tax bill

Technology
OnlyFans, a content subscription service popular with amateur pornographic models, could face a VAT bill covering more than three years' worth of uncollected taxes, Sky News has learnt.The service, which has spiked in popularity during the coronavirus lockdown, functions like a social media platform where fans pay a monthly subscription fee to access content creators' protected posts. Last week, for the first time since it began operating in 2016, the service started charging VAT on fans' monthly subscriptions following discussions with Her Majesty's Revenue and Customs (HMRC). Image: HMRC is currently reviewing OnlyFans' tax arrangements Sky News understands HMRC is currently reviewing whether the company should have been collecting ...
Moon’s metal-rich craters challenge popular theories about its origin

Moon’s metal-rich craters challenge popular theories about its origin

Science
July 1 (UPI) -- The most popular theory of the moon's origins contends the satellite was formed when a Mars-sized object collided with Earth, vaporizing large portions of Earth's upper crust. While Earth's upper crust is poor in metals, new research -- published Wednesday in the journal Earth and Planetary Science Letters -- suggests the moon's subsurface is surprisingly metal-rich, undermining the satellite's proposed origin story. Advertisement "By improving our understanding of how much metal the moon's subsurface actually has, scientists can constrain the ambiguities about how it has formed, how it is evolving and how it is contributing to maintaining habitability on Earth," lead study author Essam Heggy said in a news release. Using data collected by instruments onboard NASA's Lunar ...
Upgrade for popular UK nature sanctuary

Upgrade for popular UK nature sanctuary

Science
One of the UK’s most popular wildlife tourism destinations is getting a back-to-nature makeover.Conservationists have teamed up to triple the size of a nature sanctuary on Purbeck Heath by adding private land to three existing reserves.It will create the largest lowland heathland in England and it’ll allow species to shift round the landscape as the climate changes.The area is currently among the finest in the UK for wildlife diversity.However, proponents say the new plan for the site in Dorset will allow smarter management.The RSPB’s Peter Robertson told BBC News: “In recent years we’ve been trying to protect individual species on a micro-level on small fragmented sites.
Two-wheeler loans are most popular credit product among Gen Z: Survey

Two-wheeler loans are most popular credit product among Gen Z: Survey

Finance
Two-wheeler loan is the most popular credit product among Generation Z (those born after 1995), followed by consumption products such as consumer durables and credit cards, found a TransUnion CIBIL survey. It also stated that majority (80%) of Indian Gen Z consumers who are credit-active only have one open credit product. The TransUnion study explored the credit activity of Generation Z in emerging credit markets including India, Colombia and South Africa, as well as established consumer credit markets including Canada, Hong Kong and the United States. The percentage of the Indian population that was classed as Gen Z, ranging from age 0-24 as of CY 2019, was 44%, representing more than 609 million people. The percentage of the population that was Gen Z and over 18, and thus eligible to ap...
Popular app ToTok a government spy tool: Report

Popular app ToTok a government spy tool: Report

Technology
The New York Times says a chat app called ToTok is a spying tool used by the government of United Arab Emirates to track users' conversations, locations, images and other dataByThe Associated PressDecember 23, 2019, 8:30 PM3 min readNEW YORK -- A chat app that quickly became popular in the United Arab Emirates for communicating with friends and family is actually a spying tool used by the government to track its users, according to a newspaper report. The government uses ToTok to track conversations, locations, images and other data of those who install the app on their phones, The New York Times reported, citing U.S. officials familiar with a classified intelligence assessment and the newspaper's own investigation. The Emirates has long blocked Apple’s FaceTime, Facebook's WhatsApp and o