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EU Will Not Implement Digital Tax, Agrees To Internet Tax Reform
EU Will Not Implement Digital Tax, Agrees To Internet Tax Reform
March 06, 2019  |  Regulation

The European Union has announced that it will not move forward with a digital tax plan covering the entire EU, but also said it would...

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Authorities Investigating Dutch Ties To Billions In Laundered Money
Authorities Investigating Dutch Ties To Billions In Laundered Money
March 06, 2019  |  Security & Fraud

Dutch prosecutors are investigating whether banks in the country were part of a huge money laundering operation in Russia, according to a report by Reuters....

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Alphabet’s Waymo To Sell Lidar Mapping Sensors To Partners
Alphabet’s Waymo To Sell Lidar Mapping Sensors To Partners
March 06, 2019  |  Innovation

Waymo, the self-driving car unit of Alphabet, said on Wednesday (March 6) that it’s going to start selling its autonomous car sensors to partners that...

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French Government Institutes 3 Percent Digital Tax
French Government Institutes 3 Percent Digital Tax
March 06, 2019  |  International

The French government is going after U.S.-based internet companies, announcing Wednesday (March 6) the introduction of a digital tax that will impact companies including Google,...

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Alipay Comes To Canada
Alipay Comes To Canada
March 06, 2019  |  Payment Methods

SnapPay, the Canadian cross-border payments company, and Alipay, the Chinese digital payments platform operated by Ant Financial Services, announced a collaboration Wednesday (March 6) that...

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US Faster Payments Council Announces Founding Sponsors
US Faster Payments Council Announces Founding Sponsors
March 06, 2019  |  Payment Methods

The U.S. Faster Payments Council (FPC), which was launched by the Fed in November, announced on Wednesday (March 6) its 20 founding sponsors, which include...

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PayPal Hits £1B UK SMB Lending Milestone
PayPal Hits £1B UK SMB Lending Milestone
March 06, 2019  |  Alternative Finances

PayPal said on Wednesday (March 6) that it has provided more than £1 billion in financing to small businesses in the United Kingdom through its...

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Twitter’s Dorsey Buys Thousands Of Dollars In Weekly Bitcoin
Twitter’s Dorsey Buys Thousands Of Dollars In Weekly Bitcoin
March 06, 2019  |  Cryptocurrency

Twitter Chief Executive Jack Dorsey is spending thousands of dollars per week to purchase bitcoin, betting the digital currency’s value will rise again. Get the...

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Diesel USA Plans To Restore Brand Through Bankruptcy
Diesel USA Plans To Restore Brand Through Bankruptcy
March 06, 2019  |  Retail

Amid shifting consumer buying habits and reported missteps internally, Diesel USA Inc. filed for bankruptcy. The jeans maker and retailer is looking to have court...

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