Internet giants face massive tax raid unless they agree to help combat terrorist threat

INTERNET giants face a massive tax raid unless they agree to help combat the terrorist threat the security minister revealed.

Ben Wallace accused firms of being “ruthless profiteers” who cost taxpayers a fortune by failing to assist the security ­ser­vices in identifying terrorists and stamping out extremism online. He said reliance on the internet means Britain is vul­nerable to terrorists and rogue states, admitting: “That’s what keeps me awake at night.

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“We are more vulnerable than at any point in the last 100 years.”

It comes after Dr Damian Tambini, director of the London School of Economics’ media policy unit, predicted that 2018 could be the “beginning of the end” for the likes of 'arrogant' Facebook and Google unless they act to tackle the explosion in fake news.