If a computer-trading glitch can cause the market to do this, how much damage would a concerted hack of financial markets cause? Sphere: Related Content Related posts More on the T Hack (0)
Something I’ve been predicting in Internet law for at least five years is happening. (Predict something long enough and you may eventually be correct. A friend put all of his money into cash after predicting the market’s collapse. In 1995.) A March 18th WSJ article titled States Pressure E-Tailers to Collect Sales Tax reports on [...]
Colorado recently amended its tax law to require Internet retailers to collect sales tax on sales to Colorado residents or give the state information about such sales so the state can collect use taxes from purchasers. Amazon responded by canceling its relationships with all Colorado-based participants in its associates program: “As a result of the [...]
Starting this summer, when our clickstream data and demographic profile trigger delivery of online ads, the ad will contain a little blue <i> icon, perhaps words such as “Why did I get this ad?,” and a link to a site explaining how the advertiser uses the collected data. Advertisers agreed to the new policy hoping [...]
A story in yesterday’s NY Times addressed the battle between backlisted authors and book publishers, focusing on the efforts of William Styron’s heirs (Styron wrote The Confessions of Nat Turner and Sophie’s Choice, among others) to license e-book versions of his works. Random House, which published Styron’s earlier works, said through a spokesman “that authors [...]
Today I renewed my Red Sox season tickets for the 2010 season. Always on the lookout to increase my frequent flyer mile account I was happy that the Sox said on the form I could pay by credit card directly at the Sox website. I logged into the site, found the 2010 season ticket [...]
The New York Times acknowledged Black Friday (when did the Thanksgiving Day Plus One shopping extravaganza acquire that name? Is it so named because it’s the day that puts retailers into the black for the year? I would call it “Shopping Orgy Day”) with an editorial calling for online retail sales to be taxed. (Yes, [...]