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Big Tech Compliance Tracker: Apple, Google, Amazon Boost UK Fees To Cover New Digital Tax; Amazon Gets FAA’s OK For Drone Delivery 

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Here’s the latest news for Big Tech’s Google , Amazon , Apple and Facebook , which are coming under increasing scrutiny from legislators and regulators the world over. In addition, the legislation would make sellers pay a third of commissions to a dedicated training fund for technology specialists each quarter. Regulation.

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Big Tech Compliance Tracker: Amazon Looks To Increase Fees With Digital Tax In Spain; Google Might Make Search Inaccessible In Australia

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Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments and consumers. . Amazon Plans to Raise Fees for Companies in Wake of New Digital Tax in Spain . Sources told the outlet that some Big Tech chief executives were mulling sending legal experts on tax and competition.

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EU Investigates Apple Pay, App Store

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The European Union (EU) has launched antitrust investigations into potential violations by Apple of competition laws in its Apple Pay service and App Store, The Wall Street Journal reported. If found guilty, Apple could face a fine of up to 10 percent of its annual revenue and be forced to amend its business practices.

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Big Tech Compliance Tracker: UK Regulators To Form Digital Markets Unit; Italy Fines Apple $10 Million Over Claims About iPhone Water Resistance

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Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments around the world. Apple Faces $12M Fine Over iPhone Marketing. Canada Looks to Tax International Tech Firms. A potential “Netflix Tax,” which is forecast to bring in more than $1.2 According to the U.K.

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Amazon, Google, Facebook, Apple CEOs To Face Congress

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The CEOs of the world’s four biggest technology companies will testify later this month before the House Judiciary Committee as lawmakers investigate competition in the tech industry, Reuters reported. Cook testified in 2013 about Apple’s payment of taxes, CNBC reported.

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Silicon Valley Loses Grip On Tech Firms

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Among the reasons for corporate relocations cited by the WSJ and San Jose Mercury News in articles about the moves are cost-of-living disparities and differences in personal income taxes. According to the nonprofit Tax Foundation, California has the highest marginal tax rate in the country for the highest-income taxpayers : 13.3

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Morgan Stanley Piles On Apple, Lowers iPhone Shipment Forecast

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Apple doesn’t report earnings until May 1, but that hasn’t stopped Wall Street analysts from cutting their forecasts for iPhone shipments, with Morgan Stanley the most recent to pile on. She expects the Cupertino, California technology company to ship 210 million iPhones in fiscal 2018, down from her previous forecast of 217 million.

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