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Keyword: ecommerce

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  • Verizon Wireless: Yep, that'll be $2 to pay your bill online

    12/29/2011 11:43:07 AM PST · by John W · 34 replies
    cnet.com ^ | December 29, 2011 | Marguerite Reardon
    Verizon Wireless plans to charge subscribers a new $2 fee every time they pay their wireless bills online or directly over the phone. A leaked memo from the company first reported by Engadget, showed some of the details of the new plan. And the blog Phone Scoop got confirmation from a Verizon representative on Thursday of the change. The new fee will go into effect starting January 15 and doesn't apply to customers paying their bills with an electronic check or who enroll in autopay using a credit, debit, or AT&T cards, according to the memo posted on Endgadget. Customers...
  • Amazon to open two local distribution centers, creating 1,350 jobs (Chesterfield, VA)

    12/22/2011 7:09:27 AM PST · by Portcall24 · 18 replies
    Richmond Times Dispatch ^ | 22 Dec 11 | John Reid Blackwell
    Online giant Amazon.com Inc. is planning to open two distribution centers in the Richmond area next fall that would employ a total of 1,350 people, state and local officials said Wednesday. The $135 million investment in Chesterfield and Dinwiddie counties is Virginia's largest single economic development deal since 2004 in terms of jobs created. The official announcement by Amazon and Gov. Bob McDonnell is expected this morning.
  • Small-business nightmare: 8 million sites hacked to harm customers' computers

    08/12/2011 10:04:03 PM PDT · by Libloather · 7 replies
    8/12/11
    Link only - Small-business nightmare: 8 million sites hacked to harm customers' computers
  • College is a scam — Let’s make some money off it. Debt creates a generation of indentured servants.

    05/27/2011 4:41:45 AM PDT · by SeekAndFind · 62 replies
    Marketwatch ^ | 05/26/2011 | James Altucher
    We can’t deny it anymore: college is a scam and a bubble (see the reasons why below). But I’m the first to admit it’s going to take years for that bubble to burst. And while college tuitions are still skyrocketing and student-loan debt is creating a generation of indentured servants, we might as well benefit from it Many stocks will continue to go up from the multi-decade college bubble, even as it eventually bursts: The Washington Post Co. , which owns Stanley Kaplan, gets all of its earnings from the education side of its business. Blackboard , which is the...
  • Consumers don't pay 98.6% of tax for online purchases

    05/10/2011 7:23:25 AM PDT · by freedombiz · 103 replies
    Orange County Register ^ | May 10, 2011 | Jan Norman
    Californians who buy products online from out-of-state merchants pay virtually none of the tax, according to a new analysis by the staff of the State Board of Equalization. California consumers are paying an average of 1.4% of the total use tax on purchases made from out-of-state retailers that do not collect the taxes for the state, according to the analysis published in the board’s May Economic Perspective newsletter. The U.S. Supreme Court has ruled that states cannot compel companies that have no physical presence inside their borders to collect such taxes. So the board has been on a campaign to...
  • Groupon, Daily-Deal Spending Could Reach $6 Billion By 2015

    03/03/2011 7:52:16 AM PST · by Slyscribe · 2 replies
    IBD's Click ^ | 3/3/2011 | Pete Barlas
    By 2015, consumers in the U.S. likely will spend nearly $4 billion on daily-deal offers provided by companies such as Groupon and LivingSocial, says a report released Thursday morning. The report, by research firm BIA/Kelsey, offered a three-level estimate for the amount of spending on daily deals. It said $3.9 billion is the “most likely” scenario to play out by 2015. But under the most “optimistic” scenario, it says sales could reach $6 billion, while the firm’s “low-end projection” is $2.1 billion.
  • Bill in Congress would undo Va. vintner's victory over wine shipping

    05/04/2010 3:14:08 PM PDT · by fightinJAG · 7 replies · 309+ views
    WaPo ^ | May 5, 2010 | Dave McIntyre
    The battle over direct shipping of wine from producer to consumer has returned to Congress. Last month, Rep. Bill Delahunt (D-Mass.) introduced legislation pushed by beer and wine wholesalers that could make it nearly impossible for consumers to have wine shipped to their door. Delahunt's bill would effectively overturn a U.S. Supreme Court ruling issued five years ago this month in Granholm v. Heald, a case brought by the late Virginia vintner Juanita Swedenburg. The ruling held that states had primary responsibility for regulating the distribution of alcoholic beverages, but that they could not discriminate against out-of-state producers by allowing...
  • Obama signs bill restricting mail-order cigarette sales

    04/02/2010 8:20:16 AM PDT · by Drango · 90 replies · 2,342+ views
    Buffalo News ^ | 4/1/10 | Jerry Zremski
    Obama signs bill restricting mail-order cigarette sales WASHINGTON — President Obama on Wednesday signed legislation that bans the U.S. Postal Service from shipping cigarettes — a measure that's expected to cripple the mail-order tobacco businesses run by members of the Seneca Nation of Indians. White House press secretary Robert L. Gibbs announced the signing in a brief statement that included no comment on the new law, which the Senecas fought furiously. In response, Seneca Nation President Barry E. Snyder Sr. accused the president of betraying the very Indian nations he wooed during his 2008 campaign and spoke to last fall....
  • Senate vote endangers Seneca mail-order cigarette business

    03/12/2010 4:41:44 PM PST · by Drango · 57 replies · 1,117+ views
    Buffalo News ^ | 3/12/10 | Jerry Zremski
    By Jerry Zremski NEWS WASHINGTON BUREAU CHIEF WASHINGTON — The Senate late Thursday unanimously passed a bill that could devastate the Seneca Nation's mail-order cigarette business, voting to ban the U.S. Postal Service from mailing tobacco products. The Senate's sudden and bipartisan passage of the Prevent All Cigarette Trafficking (PACT) Act thrilled anti-smoking advocates while infuriating the Senecas, who say the bill could threaten as many as 1,000 jobs in Western New York. The Senate passed the bill as part of its routine legislative work at the end of Thursday's session. The House in May passed a slightly different version...
  • Hickenlooper missed his chance on Amazon tax

    03/09/2010 11:58:42 AM PST · by george76 · 27 replies · 211+ views
    Denver Post ^ | March 8, 2010,
    Amazon’s move to drop its Colorado associates so soon after Gov. Ritter signed a new law creating a so-called “Amazon tax” is regrettable – but not shocking. There were plenty of signals that repealing a tax exemption for online retailers would face legal challenges and possibly just such a move as Amazon launched today. The Post editorial board was among critics who warned the new law looked awfully problematic for such little gain . John Hickenlooper missed a golden opportunity in not weighing in on this tax. Score one for McInnis. Suddenly he looks like the prescient one while Denver’s...
  • IRS to Track Online Sellers' Payment Transactions Beginning Next Year

    03/09/2010 2:21:03 AM PST · by The Magical Mischief Tour · 59 replies · 473+ views
    auctionbytes.com ^ | 03/07/2010 | auctionbytes.com
    Internet sellers who don't report their sales will no longer be under the radar. Starting next year, any bank or other payment settlement company that processes credit cards, debit cards, and electronic payments such as PayPal will have to issue information returns telling the IRS what merchants receive. The new returns are Form 1099-K, Merchant Card and Third-Party Payments. Purpose of Reporting The IRS believes that many online sellers fail to report their transactions. Some don't report because they mistakenly believe that Internet sales are invisible. Others do so because they are trying to evade taxes. The IRS has found...
  • Amazon Cuts Off Colo. Affiliates Because of Tax (Internet Sales Tax)

    03/09/2010 2:13:05 AM PST · by Dallas59 · 14 replies · 219+ views
    Yahoo.com ^ | 3/9/2010 | Yahoo News
    DENVER – Amazon.com Inc. cut ties Monday with Colorado online businesses that help it sell products because of a new state law aimed at getting out-of-state, online retailers to collect sales tax. The move hurts businesses — many of them small, home-based operations — that earn money by using their Web sites and blogs to link customers to online retailers. Colorado has at least 4,200 such businesses, known as affiliates or associates, accounting for about 5,000 jobs, and most of them rely on Amazon to some degree, according to their trade group, the Performance Marketing Association. The group's executive director,...
  • VA: ‘Amazon’ sales tax collection bill clears Senate (Republicans pushing taxes)

    02/16/2010 10:07:07 AM PST · by rabscuttle385 · 49 replies · 1,043+ views
    The Times Dispatch, Richmond, Va. ^ | 2010-02-16 | Jeff E. Schapiro
    Legislation requiring online retailers to collect Virginia's 4.5 percent sales tax -- the so-called "Amazon Bill" -- easily cleared the Virginia Senate this morning and is headed to the House of Delegates, where opponents hope it falls prey to that chamber's hostility to taxes. Senate Bill 660, by Republican Emmett W. Hanger Jr. of Augusta, was approved, 28-12. The measure is a priority among traditional, bricks-and-mortar retailers, who say they can't compete with online businesses that currently don't have to collect the tax on Virginia sales. Foes say the legislation is a jobs-killer; that it would force Internet businesses here...
  • The Fight Over Who Sets Prices at the Online Mall (corporate price fixing)

    02/08/2010 12:38:49 PM PST · by a fool in paradise · 20 replies · 581+ views
    NY Times ^ | February 7, 2010 | BRAD STONE
    ...To see how much these items cost, shoppers must add the merchandise to their shopping carts — in effect, taking it up to the virtual register for a price check... In many cases that freedom stems from a 2007 Supreme Court ruling in the case of Leegin Creative Leather Products v. PSKS. The ruling gave manufacturers considerably more leeway to dictate retail prices, once considered a violation of antitrust law, and it set a high legal hurdle for retailers to prove that this is bad for consumers. ...retailers say manufacturers have become increasingly aggressive with one tool in particular: forbidding...
  • High Court Rules Against New York City in Internet-Tobacco Suit

    01/26/2010 4:20:24 PM PST · by GOP_Lady · 23 replies · 854+ views
    The Wall Street Journal ^ | 01-25-10 | BRENT KENDALL
    WASHINGTON—The Supreme Court ruled Monday that New York City couldn't use federal racketeering laws to sue out-of-state Internet tobacco retailers that don't file reports on city residents who buy cigarettes online. The city wants the reports so it can collect cigarette taxes directly from residents who purchased tobacco products online. The retailers aren't required to collect the taxes. The case before the high court centered on New York's allegations that New Mexico-based online retailer Hemi Group committed racketeering offenses of mail and wire fraud by allegedly failing to submit reports on its New York City customers to state tobacco administrators....
  • After Tree Months, Only 35 Subscriptions For Newsday's Web Site

    01/26/2010 12:34:37 PM PST · by jdfromny · 48 replies · 1,318+ views
    The New York Observer ^ | 1/26/10 | John Koblin
    In late October, Newsday, the Long Island daily that the Dolans bought for $650 million, put its web site, newsday.com, behind a pay wall. The paper was one of the first non-business newspapers to take the plunge by putting up a pay wall, so in media circles it has been followed with interest. Could its fate be a sign of what others, including The New York Times, might expect?
  • EBay Sellers' Rebellion: The Aftermath

    01/24/2010 8:43:24 AM PST · by khnyny · 105 replies · 2,785+ views
    CNN.money.com ^ | January 20, 2010 | Catherine Clifford
    NEW YORK (CNNMoney.com) -- As one of his first moves upon becoming CEO, eBay chief John Donahoe unveiled a slew of changes to the online marketplace, kicking off an uproar among sellers and sparking boycotts. Two years later, eBay is finally starting to see signs of success on its turnaround plan. The San Jose, Calif., e-commerce giant on Wednesday reported 2009 sales of $8.7 billion, up from $8.5 billion in 2008. That's a 14% increase from the $7.7 billion in revenue eBay had in 2007, the year before Donahoe's overhaul. EBay's profits, though, haven't kept pace with its sales growth....
  • New York Times Ready to Charge Online Readers (BARF)

    01/17/2010 7:20:41 PM PST · by Texas Fossil · 61 replies · 1,240+ views
    New York Times ^ | 1/17/10 at 09:59 AM | Sulzberger Jr.
    New York Times Chairman Arthur Sulzberger Jr. appears close to announcing that the paper will begin charging for access to its website, according to people familiar with internal deliberations. After a year of sometimes fraught debate inside the paper, the choice for some time has been between a Wall Street Journal-type pay wall and the metered system adopted by the Financial Times, in which readers can sample a certain number of free articles before being asked to subscribe. The Times seems to have settled on the metered system.
  • Do Web readers value journalism enough to pay? (Dinosaur Media DeathWatch™)

    01/01/2010 3:28:06 PM PST · by abb · 56 replies · 1,603+ views
    Los Angeles Times ^ | January 1, 2010 | James Rainey
    As the media landscape continues to skew to online from print, more news outlets may feel financial pressure to test just how much readers care about professional credentials. Looking into the media furor over swine flu last spring, I interviewed a UCLA epidemiologist, who told me it was best to assume "a posture of humility" in trying to assess how deadly the H1N1 virus would be. "This is a virus we haven't seen before," said Dr. Robert Kim-Farley. "We don't really know what will happen." I've thought often in recent months about those words, which just as easily might be...
  • Wal-Mart starts selling caskets, urns online

    10/29/2009 4:57:05 AM PDT · by TigerLikesRooster · 70 replies · 2,157+ views
    AP ^ | 10/28/09 | EMILY FREDRIX
    Wal-Mart starts selling caskets, urns online By EMILY FREDRIX, AP Retail Writer Wed Oct 28, 4:03 pm ET MILWAUKEE – The world's largest retailer wants to keep its customers even after they die. Wal-Mart has started selling caskets on its Web site at prices that undercut many funeral homes, long the major seller of caskets. The move follows a similar one by discount rival Costco, which also sells caskets on its site. Wal-Mart, based in Bentonville, Ark., quietly put up about 15 caskets and dozens of urns on its Web site last week. Prices range from $999 for models like...