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/ Technology
Feds ask for more financial data from Overstock.com
The U.S. Securities and Exchange Commission is investigating Overstock’s previously announced restatements of its financial statements in 2006 and 2008. The online retailer says it will cooperate with the regulatory agency.
Posted 09/18/2009Katie DeatschPost a comment
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/ Technology
Amazon hails commander in chief watchers and shoppers with a new web store
With just over two weeks to go until President-elect Barack Obama takes office as the nation’s 44th commander in chief, Amazon has opened a niche web store on its e-commerce site that sells merchandise tied to Obama and inaugurations in general.
Posted 01/05/2009Katie DeatschPost a comment
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/ Technology
Obama picks Internet expert for top economic posts
Austan Goolsbee, a University of Chicago economics professor, will be the staff director and chief economist of the new Economic Recovery Advisory Board. Goolsbee has also been granted one of three spots on the president’s Council of Economic Advisers.
Posted 12/01/2008Katie DeatschPost a comment
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/ Technology
Broadvision reports 2005 net loss of $39 million
Broadvision Inc., a provider of e-commerce self-service applications and an early star of Internet technology, reported a 2005 net loss of $39 million, compared to net income of $18.6 million the prior year.
Posted 06/12/2006Kurt PetersPost a comment
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/ Technology
U.S. Senate bills back Internet sales tax
Two bills recently submitted in the U.S. Senate would provide for mandatory collection of sales tax by Internet and catalog retailers.
Posted 01/04/2006Kurt PetersPost a comment
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/ E-Retailers
BabyUniverse sales jump 46% in Q3
For the third quarter, BabyUniverse had total sales of $5.7 million, an increase of 46.1% compared to sales of $3.9 million in the third quarter of 2004. BabyUniverse also reported a net loss of $125,275, compared to net income of $45,095 for Q3 2004.
Posted 11/15/2005Paul DemeryPost a comment
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/ Technology
For small winemakers, it’s Internet or die, says attorney Ken Starr
With help from former Clinton prosecutor Ken Starr, groups representing small winemakers are pushing states to allow web sales of wine. "For these winemakers, it’s Internet or die," he says.
Posted 09/12/2003Paul DemeryPost a comment
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/ Technology
The ban on Internet tax expires this weekend
Congress failed to pass an extension on an Internet tax ban that expires this weekend. The House passed a two-year extension of the moratorium that did not address the sales tax issue; the measure was blocked in the Senate.
Posted 10/19/2001Kurt PetersPost a comment
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/ E-Retailers
Global Sports is acquiring Ashford.com
Global Sports extends its services into the luxury goods section with its acquisition of Ashford.com.
Posted 09/14/2001Kurt PetersPost a comment
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/ Technology
The DMA expresses concern at reported Internet sales tax agreement
The DMA says Congress’s reported agreement on Internet taxation fails to address the issue of the complexity of sales tax laws.
Posted 06/19/2001Kurt PetersPost a comment
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