Texas Sends Amazon a $269 Million Sales Tax Bill

As states grapple with increasingly squeezed budgets, the battle to collect sales taxes from retailing behemoth Amazon has heated up considerably over the past year. Now, Texas has raised the ante by hitting Amazon for four ye…

Digital Reading Finds a New Home at Walmart

Attention book lovers: The Nook and Kobo electronic readers are finally joining the iPad and Sony e-readers at Walmart. But with so many e-reading devices available or soon to be available at the world’s largest retailer, could…

Walmart to Sell Kobo E-Reader Starting Next Week

Walmart Stores (WMT) will start selling the Kobo Inc. digital book reader in U.S. stores next week, as it moves to increase its hand-held electronic product line.

U.S. stores will begin selling the Kobo device as early as Oct. 24, Walmart CEO Michael Serbinis told Bloomberg News.

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Kobo is a joint venture between Indigo Books & Music and Borders Group (BGP). The e-readers have…

Continue reading Walmart to Sell Kobo E-Reader Starting Next Week

Walmart to Sell Kobo E-Reader Starting Next Week originally appeared on DailyFinance on Fri, 22 Oct 2010 00:01:00.

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Amazon Earnings Rise 16% as Electronics Sales Surge

Amazon’s third-quarter profits rose 16% thanks to surge in sales of electronic products such as its Kindle e-reader, the world’s largest online retailer reported after the bell Thursday.
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