SAN FRANCISCO — Amazon, the world’s largest online merchant, has an ambitious and far-reaching new agenda: it wants to rewrite tax policy for the Internet era.
Amazon said this week that it would push a voter initiative in California that could eliminate sales tax for virtual sellers with only a modest physical presence in the state. Its move instantly escalated the company’s long-running battle with many states over collecting sales tax, taking the question directly to voters. And it has sharply intensified its dispute with physical retailers like Wal-Mart Stores and Target, which have vowed to fight the measure.
Read More: The New York Times
Amazon’s rumored tablet computer will be introduced before October, according to a report.
The tablet, which would vie with Apple’s iPad 2, among other products, will be one of three new hardware products from Amazon coming in the third quarter, according to The Wall Street Journal.
Read More: Mashable
The postal workers union is refusing to take down a new ad after Republican Rep. Darrell Issa accused its members of “misleading” viewers by claiming tax dollars do not support the Postal Service.
“The ad is accurate,” Sally Davidow, spokeswoman for the American Postal Workers Union, told FoxNews.com.
The TV ad, which started running this week, has a voiceover claiming U.S. mail delivery doesn’t cost taxpayers a “single cent” and is “funded solely by stamps.
Read More: Fox News
“My Moment” debuts July 18. The 14-year-old YouTube sensation is also putting the finishing touches on a five-song EP, due out in August.
“My Moment” will debut on Black’s Youtube channel starting at 8:00 p.m. on July 18 as well as the singer’s official website, RebeccaBlackOnline.com. The following day, the song will be available for purchase on iTunes and other online retailers.
Read More: The Hollywood Reporter
At least eight people have been killed and 100 others injured in three blasts that have rocked India’s financial capital of Mumbai, according to police. The blasts hit the crowded Dadar neighbourhood, the famed jewellery market Jhaveri Bazaar and the busy business district of Opera House, an official at the city’s Police Control Room said. The official spoke on condition of anonymity because of office policy.
Read More: Russia Today
(Reuters) – Moody’s Investors Service jolted White House debt talks on Wednesday with a warning that the United States may lose its top credit rating in the coming weeks, piling pressure on Washington to lift its debt ceiling.
Read More: Reuters
The response from Netflix subscribers following news of pending changes to their rental plans has been a resounding thumbs down.
On Tuesday, Netflix revealed users who want unlimited DVD and streaming options for renting movies and TV shows must purchase separate plans.
The current monthly rate for both options goes for $9.99, but would shoot up to $15.98 under the new arrangement.
Read More: USA TODAY
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