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California Embraces Bitcoin

California Gov. Jerry Brown on Saturday signed a measure that legalizes the use of bitcoins and other virtual currencies in the state. The law repealed previous legislation that specified only "lawful money of the United States" could be used in California. "Modern methods of payment have expanded b...

Apple Sinks Its Teeth Into Bitcoin

Apple this week updated its App Store Review Guidelines with a change that signals a loosening of its restrictive policies against bitcoin and other digital currencies. The change now allows apps to "facilitate transmission of approved virtual currencies provided that they do so in compliance with a...

OPINION

Apple Riles Bitcoin Users

Apple earlier this month dropped the Bitcoin app Blockchain from its mobile marketplace without giving any explanation. Bitcoin holders obviously were upset with this development. Blockchain was available for both the iPhone and the iPad. By removing Blockchain, Apple eliminated two major channels f...

Colorado Ruling May Hamstring E-Commerce Tax Collection Efforts

U.S. District Judge Robert Blackburn has upheld a permanent injunction on a Colorado law that would have required out-of-state online retailers to report their in-state customers' purchases to Colorado tax authorities and notify those customers of the resulting sales tax owed to the state. The repor...

Google’s Content-Farm Algorithm Yields Bitter Harvest

Late last month, Google deployed a new algorithm intended to improve the quality of its search results, and as some critics feared, the results have in several cases hurt legitimate websites. The algorithm was meant to clamp down on website owners gaming the system to raise their standings in search...

Legit Sites Could Get Caught in Google’s Content Farm Crosshairs

Google on Thursday began using a new algorithm to rid its top search results of what it described as low-quality websites. This will reduce the rankings for sites that are low value-add for users, ones that copy content from other websites, or sites that just aren't very useful. Simultaneously, the ...

EXCLUSIVE INTERVIEW

Wielding the Technology Sword: Q&A With Overstock.com CEO Patrick Byrne

Overstock.com is a retail site that sells products in just about any consumer category, from clothes to electronics to home goods to furniture. Not surprisingly, it hid a major skid last fall when the U.S. economy went into seizure. "We were growing 27 percent through the first part of the year," CE...

EXCLUSIVE INTERVIEW

Wielding the Technology Sword: Q&A With Overstock.com CEO Patrick Byrne

Overstock.com is a retail site that sells products in just about any consumer category, from clothes to electronics to home goods to furniture. Not surprisingly, it hid a major skid last fall when the U.S. economy went into seizure. "We were growing 27 percent through the first part of the year," CE...

EXCLUSIVE INTERVIEW

Wielding the Technology Sword: Q&A With Overstock.com CEO Patrick Byrne

Overstock.com is a retail site that sells products in just about any consumer category, from clothes to electronics to home goods to furniture. Not surprisingly, it hid a major skid last fall when the U.S. economy went into seizure. "We were growing 27 percent through the first part of the year," CE...

Amazon Turns Gears of Internet Tax Wars

More companies are joining in the fight over Internet taxation begun by Amazon.com. Blue Nile and Overstock.com have joined the Web's largest retailer in dropping affiliate programs in North Carolina and Rhode Island, according to numerous press reports. Amazon also reportedly dropped its affiliate ...

Facebook Does About Face on Troublesome TOS

Facing an outcry from its subscribers, Facebook has backtracked and replaced its new terms of service agreement instituted Feb. 4 with the previous version. Mark Zuckerberg, the social network's chief executive officer, announced the change in a blog post on the company's site Tuesday night. "A coup...

RedTag.com: Low-Balling Shipping Costs to Win Customers

RedTag.com, a discount online retail site, launches today with a $1.95 shipping charge on all orders, one of the lowest such rates in the industry. RedTag.com joins the likes of discount retail sites such as Overstock.com, which sells retailers' excess inventory at a fraction of the price that other...

Beacon Blunder Returns to Haunt Facebook as Users Sue

Facebook continues to feel the ramifications of its controversial Beacon advertising platform, which for a short while last year broadcast information about the social networking site's users' activities without their express permission. A class action lawsuit has been filed against Facebook as well...

WEEKLY RECAP

The Secret Belgian News, Android Talent Show, Giving Away Money

The Belgian newspaper group Copiepresse, which won a court ruling last year against Google for linking to its stories without permission, is now asking a court to award it up to $77 million in damages. It is also asking the court to force Google to publish the ruling against its linking practice in ...

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