Tag Archives: rules

As Apple and Google continue to face increasing scrutiny over the rules they set for how third-party apps in their app stores charge for services, a significant development in that story is going down in South Korea. South Korea’s parliamentary committee passed on Wednesday (25 August) a landmark bill to prevent Google and Apple from charging software developers’ commissions on in-app purchases, the first of its kind in the world. The final vote by all members of… Source link

If you have amassed a large or even small fortune in your 401(k) retirement plan at work, an important decision eventually awaits: What should you do with the money when you retire or otherwise leave the company? One quandary is whether to keep the money in the company retirement plan (if that option is available) or roll it into an Individual Retirement Account to maintain your tax-sheltered status for a while longer. It’s obviously a key issue for those heading into retirement but it also… Source link

A bipartisan trio of senators is trying to change a cryptocurrency provision in the infrastructure bill that the industry warns will have a “devastating” impact on the space. As it stands, the infrastructure bill aims to raise revenue by cracking down on cryptocurrency tax reporting.   The industry argues the current measure included in the bill is too broad — and would force miners, developers and other “non-financial intermediaries” to face the new reporting requirements, though they… Source link

Student-athletes in various states are already profiting from their name, image, and likeness (NIL) after new state and national rules marked a massive shift in college sports. The National Collegiate Athletic Association (NCAA) approved an interim policy that allowed college athletes to monetize their NIL for the first time beginning on July 1, 2021, following various states that passed legislation allowing the same. “This is huge,” Kam Buckner, a Democratic member of the Illinois House… Source link

Google has been sharing incorrect instructions on contact tracing through its Covid-19 “common questions” feature, advising some users that they can stop self-isolating when NHS rules say the opposite. The flaw is the latest example of Google incorrectly parsing information from websites and trying to present a simple answer to keep users from clicking away from the search engine. The company has pledged that it will now fix the advice after a government request to do so. British Google… Source link

(Bloomberg) — Shenzhen, China’s southern tech hub, is tightening restrictions on public transit and at the airport, after nearly 40 inbound passengers tested positive for Covid. Indonesia’s hospitals are starting to fill up as the country nears 2 million confirmed cases. Japan is looking to accelerate its vaccine rollout by allowing private employers and universities to administer shots on-site. Russia, Germany and Portugal reported an expanding spread of the highly transmissible delta… Source link

The Google logo is seen on on the company’s European headquarters in Dublin, Ireland, February 27, 2021. REUTERS/Clodagh Kilcoyne/File Photo Google (GOOGL.O) said on Saturday that it supports the work being done to update international tax rules after G7 finance ministers agreed to pursue a global minimum corporate tax of at least 15% and to reallocate taxing rights for large, profitable multinational companies. “We strongly support the work being done to update international tax rules…. Source link

The New York Times Prosecutors Investigating Whether Ukrainians Meddled in 2020 Election Federal prosecutors in Brooklyn have been investigating whether several Ukrainian officials helped orchestrate a wide-ranging plan to meddle in the 2020 presidential campaign, including using Rudy Giuliani to spread their misleading claims about President Joe Biden and tilt the election in Donald Trump’s favor, according to people with knowledge of the matter. The criminal investigation, which began… Source link

Google, Facebook, Telegram, LinkedIn and Tiger Global-backed Indian startups ShareChat and Koo have either fully or partially complied with the South Asian nation’s new IT rules, according to two people familiar with the matter and a government note obtained by TechCrunch. India’s new IT rules, unveiled in February this year, require firms to appoint and share contact details of representatives tasked with compliance, nodal point of reference and grievance… Source link

Germany’s competition regulator is investigating whether Google is dominant enough to be subject to the country’s new digital-competition law, broadening its efforts to brandish new powers against companies including Amazon.com Inc. and Facebook Inc. Germany’s Federal Cartel Office said Tuesday that it has opened a probe into whether Google, the main unit of Alphabet Inc., is of “paramount significance for competition across markets.” That… Source link