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NEWS

Facebook users spending less time online

Measures such as showing fewer viral videos cut time spent on the social network by about 5%, or roughly 50 million hours a day, in the last three months of 2017. However, Facebook reported better than expected results despite the fall. Read more.

Equities battle rising

World stocks rose on Thursday after three days of losses and European shares opened higher, although U.S. and German bond yields near multi-year highs checked the gains and kept stocks from regaining recent record highs. Read more.

Google's G Suite is no Microsoft killer.

Microsoft Corp dominates the $15-billion market for business productivity tools for a reason: Its longstanding product is reliable and IT managers have little incentive to gamble on something new. Read more.

The EU General Data Protection Regulation

After four years of preparation and debate the GDPR was finally approved by the EU Parliament on 14 April 2016. Enforcement date: 25 May 2018 – at which time those organizations in non-compliance will face heavy fines.  Read more.

EU Asks For Small Firms' Input On VAT Reform Plans

The European Commission has asked for taxpayers’ feedback in respect of its proposals to simplify value-added tax compliance for small enterprises, alongside the publication of its proposal for a Council Directive to amend the EU VAT Directive as regards the special scheme for small businesses. Read more.

EU Issues GDPR Tool For SMEs

Alongside the launch of the tool, the Commission released new guidance on the preparations that need to happen prior to May 25, aimed at Commission staff, national data protection authorities, and national administrations. Read more.

Amazon is previewing an IoT security service

Called IOT Device Defender, the new service will monitor policies around devices to look for anomalies in device activity and support customized rules and auditing policies that a customer would want to put in place. Read more.

International Tax. Bulgaria Highlights.

Several European countries apply an attractive corporate tax regime but tend to neglect the personal income tax aspect. Bulgaria outcompetes other EU member states by offering the best of both worlds and offers fabulous opportunities for both companies and individuals. Bulgaria’s flat tax framework is undoubtedly exceptional from a EU perspective.  Read more.

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