Austria pressing ahead with digital tax after EU-wide plan fails

VIENNA (Reuters) – Austria will press ahead with a proposed tax on internet giants after plans for an European Union-wide levy fell through this week, Finance Minister Hartwig Loeger said on Friday. Austria said in January that it would tax firms like Google, Amazon, Facebook and Alibaba 3 percent of their advertising revenue from within Austria. It said at the […]

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Austria to introduce digital tax after failure of EU-wide plan

VIENNA (Reuters) – Austria will press ahead with a planned tax on Internet giants after plans for an EU-wide levy fell through this week, Finance Minister Hartwig Loeger said on Friday. Austria said in January that it would tax firms like Google, Amazon, Facebook and Alibaba 3 percent of their advertising revenue from within Austria. It said at the time […]

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Wake up, people! Digital blue-light distractions are taking their toll

The difference between night and day isn't what it used to be. Thanks to the glowing, blue-light distractions of TVs, desktop computers, laptops, smartphones and tablets, our sleeping patterns are now radically different, not just from our ancient ancestors, but from our great-grandparents. Almost every animal and insect on the planet, from elephants to fruit flies, sleeps for up to […]

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New 4K Format, Growing Digital Libraries Invigorate Home Entertainment Market

In the kaleidoscope of business models and formats that make up the home entertainment business, there are some brighter lights. To those not familiar with the home entertainment business, 4K UHD with HDR and EST may be alphabet soup, but they are the industry stars for those in the know. EST, or electronic sell-through, is the industry term for digital […]

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France, Germany aim to keep digital tax alive

BRUSSELS (Reuters) – France and Germany sought on Tuesday to salvage a proposed EU tax on big digital firms including Google and Facebook by narrowing the focus to cover only companies’ online advertising revenue. Eager to break months of deadlock, the two countries’ finance ministers put a new proposal to their EU counterparts at a meeting on the issue in […]

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‘Clever’ digital mirror to transform your trip to the hairdresser

It might not be a magic mirror like the one owned by Snow White’s stepmother, but the Piiq digital mirror for hairdressing salons could be the next best thing. When the mirror analysed the facial features of Phoebe Ghorayeb, 30, it said she looked like actress Margot Robbie or Dutch supermodel Doutzen Kroes. “I’ll take that,” she said, laughing. Richard […]

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Germany wants binding deal on EU digital tax at December meeting

BERLIN (Reuters) – German Finance Minister Olaf Scholz said he favors getting a binding deal on a European Union digital tax at a meeting of EU finance ministers in December and that he supported the French model. “If the negotiations continue the way that they have been going, we’ll still be in talks in 100 years. That is why I […]

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French minister Le Maire insists EU is close to digital tax deal

PARIS (Reuters) – French Finance Minister Bruno Le Maire said on Monday that a European Union plan to tax big internet firms such as Google and Facebook was close to being struck, despite several EU governments having pushed back against the idea. “We are close to having a deal in our hands,” Le Maire told France Inter radio. He said […]

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Variety to Add Digital Subscription Content Tier

We have some very exciting company news to share with our readers. Variety has grown significantly over the past five years after making the dramatic shift of exiting the daily print business and converting to a weekly publication. Change has been constant ever since, from the redesign of this magazine and our website to the great breadth of original video […]

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