Amazon is trying a new tactic in its bid to fight states that force online retailers to collect sales tax. On Friday, the online retail giant filed a petition for a referendum with the California attorney general’s office, the Associated Press is reporting. The referendum would ask voters to overturn a new California law that forces online retailers to collect sales tax there. Amazon is especially concerned with one of the law’s stipulations, which requires online retailers to collect sales tax if affiliates operating in California push customers to an online retailer’s site to buy products.
Applied Materials Inc.’s chief executive again lowered projections for spending by chip manufacturers on equipment this year, adding to concerns about weak demand for computers and other devices. The comments from Applied CEO Mike Splinter are the latest indications of caution in the semiconductor industry, which has seen weakness of late. Consumer spending on PCs has remained soft, some large handset makers have been struggling and macroeconomic worries have hurt demand.
Netflix is officially on an all-out assault on the DVD — or so says their just-released pricing strategy. The new prices yell loud and clear that streaming is the future and you’re going to pay (literally) if you don’t hop on the bandwagon. Maybe this is why Reed Hastings stated back in May that DVD shipments might go down for the first time ever. Gone are the plans that include streaming and DVD. Customers previously had the option of selecting the streaming plan for $7.99 and then paying an additional $2 to be able to rent one DVD at a [Continue reading...]