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Bitcoin: Is the crypto-currency doomed?
January 20th, 2016
A high-profile Bitcoin developer has said the crypto-currency has failed and he will no longer take part in its development. Mike Hearn, a Zurich-based developer and long-time proponent of Bitcoin, surprised many this weekend when he published a blog calling ...
European Union to Scrutinize Usage of Big Data by Large Internet Companies
January 18th, 2016
Competition Commissioner Margrethe Vestager’s comments highlight increased focus regulators giving to the use of so-called big data The European Union is considering whether the way large Internet companies, such as Alphabet Inc.’s Google or Facebook Inc., collect vast quantities of data is ...
First-ever EU-wide cyber-security rules backed by Internal Market Committee
January 15th, 2016
Firms supplying essential services, e.g. for energy, transport, banking and health, or digital ones, such as search engines and cloud computing, will have to take action to improve their ability to withstand cyber-attacks under new rules approved by Internal ...
imaginBank, Spain’s first mobile-only bank for millennials
January 14th, 2016
CaixaBank creates a new banking model, which can be accessed exclusively through mobile apps. The new bank emerges on the market with a complete range of commission-free products and services, including current accounts, debit cards, consumer loans, personal finance ...
Bear Market: The Average U.S. Stock Is Already Down More Than 20 Percent
January 12th, 2016
The stock market is in far worse shape than we are being told. As you will see in this article, the average U.S. stock is already down more than 20 percent from the peak of the market. But of ...
Social media ‘increasingly important’ to accountants
January 5th, 2016
Social media is becoming more important to accountants in generating new business and raising their profile, according to the Wolters Kluwer 2015 social media survey. Since the survey’s inception in 2011, more accountants have embraced social media as a part ...
Chase, Wal-Mart Seek to Disrupt Mobile Payments Business in 2016
January 4th, 2016
Banks and retailers move to capture tap-and-pay transactions Apple, Google will see new competition in evolving market American consumers will have more choices in 2016 for how they make purchases with their smartphones as big banks and retailers vie ...
Top 5 Law Firm Tech Trends: Are They Truly Feasible for 2016?
January 4th, 2016
What will happen in the New Year? Now is a great time for firms to benchmark potential options, technology and processes to further improve their practices. Always this time of year, talk inevitably turns to trends. What will happen ...
Apple ‘to pay €318m’ to settle Italy tax fraud case
December 30th, 2015
Apple’s Italian subsidiary has agreed to pay €318m (£235m; $348m) following an investigation into tax fraud allegations, Italy’s tax office says. Italy’s tax authorities say the company failed to pay €880m in tax between 2008 and 2013, according to ...
Seven big investment banks in UK paid just $30 million tax in 2014
December 29th, 2015
Seven of the biggest investment banks operating in London paid little or no tax in Britain last year, despite reporting billions of dollars in profits, a Reuters analysis of corporate filings shows. In recent months, the seven investment and ...
