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The state of Texas may be the latest to take a bite out of Amazon's bottom line by assessing sales taxes on past purchases by state residents. Texas tax officials are reviewing the taxable status of Amazon purchases after an inquiry from the Dallas Morning News, which asked why the e-tailer appeared...
Circuit City will allow Blockbuster and its largest shareholder, Carl Icahn, to look into the company's finances in connection with the video rental company's proposed buyout offer. Circuit City also revealed that it has hired Goldman Sachs to help the company look into strategic alternatives to bui...
Attention! We're listening! Seeking competitive advantage and profitability through good relations with the social media, the B2B world has energetically embraced the grand online colloquy known as the two-way talk-back "conversation." Blogs, vlogs, e-communities and social networks, Internet forums...
A federal judge in Los Angeles has awarded the Motion Picture Association of America $110 million in compensation from Valence Media, operator of the now-defunct file-sharing Web site TorrentSpy. U.S. District Judge Florence-Marie Cooper ordered Valence Media to pay $30,000 for each copyright infrin...
Take-Two Interactive Software is reporting record-setting sales of $500 million for "Grand Theft Auto IV," with more than 6 million units sold in just one week. "We knew 'Grand Theft Auto IV' would break new ground in terms of the player's experience. ... Now, it has broken sales and rating records ...
As a small brick-and-mortar jeweler with retail stores in Central Florida, Goldsmith Jewelry may seem like an unlikely potential e-tail star. Goldsmith, however, has had early success by using blogging to drive traffic to its Web site and gain exposure for its fledging Internet store. The company is...
Yahoo is working with Web security technology specialist McAfee to alert users about potentially risky Web sites. The companies launched the beta version of the SearchScan service on Tuesday. Now, Yahoo users will see red exclamation points and warnings next to search results McAfee has identified a...
Amazon.com has filed suit against the state of New York claiming the state's Internet Sales Tax Collection law requiring online companies to pay state sales tax is unconstitutional and violates a 1992 Supreme Court finding. Amazon filed its suit on April 25, claiming that the newly enacted state law...
The stock market is making its after-the-fact adjustment to the end of the Microsoft-Yahoo saga, which culminated this weekend. After last minute negotiations failed, Microsoft walked away from its bid to acquire Yahoo for slightly more than its original offer of $33 per share. To recap: Yahoo CEO J...
Most e-commerce sites are approaching their 10th birthday. The standard approach -- with left-hand navigation and search, a product catalog and product detail, cart and checkout -- is a tired format. Just like brick-and-mortar stores, Web stores need refurbishing, and retail is the new darling of We...
Entertainment conglomerate Viacom, riding a wave of success from a video game launch and a strong showing by its television enterprises, reported a 33 percent increase in first-quarter profit Friday. Viacom, which owns the Nickelodeon, MTV and BET networks as well as moviemaker Paramount, reported e...
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