Internet Retail
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With news that authorities seized assets of the world's largest bitcoin exchange, traders and other people interested in the digital currency are looking nervously at the future.
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Joe Feldman, Telsey Advisory Group analyst, discusses the impact of a tax on brick & mortar stores versus online retailers.
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A bill which requires retailers to tax online customers is headed to the House, but it faces opposition. Rep. Derek Kilmer, Congressman, (D-WA); and Rep. Steve Daines, (R-MT), discuss the pros and cons of the legislation.
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CARSON CITY, Nev.-- The Retail Association of Nevada is hailing U.S. Senate passage of a bill that would allow states to collect tax on Internet sales. The Senate on Monday approved the Marketplace Fairness Act on a vote of 69-27.. The vote came the same day the Nevada Assembly approved a resolution urging Congress to support the measure.
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It's far from a done deal, but the days of mostly tax-free shopping on the Internet is a big step closer to ending. Click ahead to find out how you might be affected.
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Here is another record for China - over the next 12 months one in four consumers are going to use their smartphones or tablets to shop online, double the global average, says a recent survey.
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A majority of the Senate approved a measure that would allow states to tax online purchases. The bill now moves to the House, where it faces opposition.
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WASHINGTON, May 6- The U.S. Senate voted overwhelmingly on Monday to give states the power to enforce their sales tax laws on online purchases, but the legislation faces a tougher fight in the Republican-controlled House of Representatives.
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WASHINGTON, May 6- The U.S. Senate voted overwhelmingly on Monday to give states the power to enforce their sales tax laws on online purchases, but the legislation faces a tougher fight in the Republican-controlled House of Representatives.
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Warren Buffett and Bill Gates said it's only fair that online retailers collect state sales taxes, just as brick-and-mortar stores do.
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WASHINGTON, May 6- The U.S. Senate on Monday cast a majority of votes to give states the power to enforce their sales tax laws on online purchases, but the bill was expected to stall later in the Republican-controlled House of Representatives. The Senate had cast more than 60 votes for the legislation with voting still under way.
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*Senate approval of measure expected on Monday. WASHINGTON, May 6- The U.S. Senate was expected to vote on Monday to give states the power to enforce their sales tax laws on online purchases, but the legislation was likely to stall in the Republican-controlled House of Representatives. The Senate uncharacteristically by-passed this step.
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*Senate approval of measure expected on Monday. WASHINGTON, May 6- The U.S. Senate was expected to vote on Monday to give states the power to enforce their sales tax laws on online purchases, but the legislation was likely to stall in the Republican-controlled House of Representatives. The Senate uncharacteristically by-passed this step.
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SHANGHAI, May 6- Amazon.com Inc launched an Android application store that offers paid apps in China, beating Google Inc, as the online retailer seeks to increase the amount of digital content it offers in the world's largest mobile phone market.
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FRANKFURT, April 29- Global internet retailer Amazon.com could be facing its first strike in Germany by warehouse workers seeking better pay and benefits.
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Legislation to force Internet retailers to collect sales taxes has put antitax activists like Grover Norquist in an unusual position: They're losing. The NYT reports.
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Customers personal information was breached, but credit card and merchant banking information is safe, an internal email said.
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One of the most difficult and expensive parts of launching an online business is implementing payment processing, but San-Francisco start-up Stripe is trying to fix that.
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*Amazon may lose its growth-stock luster- analyst. *Amazon faces overseas growth challenges, especially in China. SAN FRANCISCO/ NEW YORK, April 26- Amazon.com Inc's stock sank nearly 8 percent on Friday on concerns about slowing growth at the world's largest Internet retailer.
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SAN FRANCISCO/ NEW YORK, April 26- Amazon.com Inc's stock sank on Friday on concern about slowing growth at the world's largest Internet retailer. Amazon faces a sluggish European economy and inconsistent efforts to break into emerging markets such as China, where competition from the likes of Alibaba is intense.
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John Collison, co-founder and president of Stripe, explains how it makes accepting online payments easier.