Law and Innovation

Fresh and interesting post from  Mashable  about Amazon trying to take tax fight to Supreme Court. At issue, a New York State law forcing online retailers to collect sales tax on shipments to state residents: "It is perhaps the one remaining venue where Jeff Bezos has yet to emerge victorious: the Supreme Court. Now, he could even prove dominant there. Amazon petitioned the nation’s highest court  on Wednesday to hear its challenge against a 2008 New York State law that requires online retailers to collect sales tax. The company has hired famed Washington, D.C., attorney Ted Olson to represent it. The online sales tax issue is maddeningly complex, and it is muddied even further by the fact that Amazon has already agreed to collect sales taxes in many states, including New Jersey and California. Bezos has also repeatedly made plain  his support  for a federal law called the Marketplace Fairness Act, currently stalled in the House of Represen...

Despite the fact that Amazon lost $39 million last year,  Jeffrey Bezos, CEO and founder of Amazon, has bought the Washington Post for $250 million.  "Amazon.com  founder  Jeffrey Bezos , who revolutionized the book business, is   now aiming to do the same with one of the nation's most storied newspapers"   said the Los Angeles Times. More info:  - http://seattletimes.com/html/businesstechnology/2021546456_brierwapobezosxml.html#.UgCRdAEP0Pk.google_plusone_share   -  http://www.latimes.com/business/la-fi-washington-post-bezos-20130806,0,4515179.story and, of course, from the Washington Post:  http://www.washingtonpost.com/national/washington-post-to-be-sold-to-jeff-bezos/2013/08/05/ca537c9e-fe0c-11e2-9711-3708310f6f4d_story.html?hpid=z1 It also has to be noted that " Seattle-based  Amazon  will have no role in the purchase;   Bezos himself will buy the news organization ...