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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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UK Regulations to Create New Digital Markets Unit. antitrust regulators are creating a Digital Markets Unit that will be given the duty to enforce rules applicable to Big Tech firms. That new division will fall under the country’s Competition and Markets Authority (CMA). Apple Faces $12M Fine Over iPhone Marketing.

Apple 143
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Asure Merger Consolidates Payroll Market

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payroll services market saw consolidation this week with Asure Software announcing Tuesday (July 3) that it acquired USA Payroll. Furthermore, USA Payroll provides customers with payroll and tax services, timekeeping, third-party administration and other back-office services. The tool helps businesses mitigate payroll compliance risk.

Marketing 108
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Small Firms Find Tight Labor Market A Costly Challenge

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While entrepreneurs continue to reflect record-level optimism, their top concerns are increasingly including the tight labor market and the importance of retaining staff in such a climate. “And that’s the way the market economy works, for better or worse.” How did small businesses fare in job growth last month?

Marketing 148
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Pakistan Central Bank Warns PayPal Absence A ‘Major Concern’

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A new report from the State Bank of Pakistan says a lack of electronic payment services like PayPal in the country has led the nation to lose out on as much as $2 billion in payments related to the information and communication technology sector. billion, the report said, with some IT experts valuing the market even higher, at $3 billion.

National 165
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Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

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eCommerce sales tax laws are having unintended consequences in the tobacco industry. State governments began rolling out economic nexus laws after 2018’s South Dakota vs. Wayfair ruling. percent tax on each imported premium cigar, limited to a maximum of about $0.40 in 2017 had a 52.75

Retail 109
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The Biggest Banking, Regulatory Challenges For Today’s Entrepreneur

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National Small Business Week is this week in the U.S., But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too. and global stock markets are also top concerns among entrepreneurs surveyed by the bank.

Taxes 144
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Fast Action: Tennessee Sportsbook Bets Service Quality On Instant Payments

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We’re growing a market of people who have never bet before in Tennessee.”. While most people have played an office Super Bowl or March Madness pool, Hodges said that legal, regulated betting on sporting events has largely been a cash market enterprise that was the domain of black market bookies.

Tennessee 262