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Cash-hungry states eye online retail for tax revenue

Web-savvy shoppers can often save big buying online instead of at the local mall. But a chunk of the savings comes at the expense of state and local governments, in the form of sales taxes that are never paid on many Web purchases.

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States surfing for revenue - Thu, 22 Jul 2010 PST

WASHINGTON Web-savvy shoppers can often save big buying online instead of at the local mall. But a chunk of the savings comes at the expense of state and local governments, in the form of sales taxes that are never paid on many Web purchases. The losses add up for cash-starved state and local governments across the country: California alone loses out on more than $1 billion a year.

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Foursquare Receives $20 Million Bounce in Funding

Foursquare picked up a $20 million financial ball, closing its second round of funding in June amidst much talk on the financial playground. According to a recent SEC report filed Wednesday, the location-based social networking service secured the series B funding from OReilly AlphaTech, Andreessen Horowitz, and Union Square, including $4,636,688 for its two founders, 23 percent of the total ...

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How Seattle's PopCap stays at the top of its game

On the eve of the annual Casual Connect game conference in Seattle this week, Roberts explained how PopCap has kept lining up jewels despite the constantly changing landscape.

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More on The Making of Kid Icarus: Uprising

The last time we checked in with game designer Masahiro Sakurai, he was explaining in his regular Famitsu column how Nintendo president Satoru Iwata personally asked him in early 2008 to develop a launch title for the system we now call the Nintendo 3DS. How did that game become Kid Icarus: Uprising , though? As Sakurai put it, the decision stemmed all the way back to 2008, when he was still ...

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In California and elsewhere, efforts intensify to close online sales tax loophole

Shopping on the Web often means avoiding paying sales taxes. But the savings come at the expense of cash-starved state and local governments, and increasingly they're fighting back.

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