Voices

Amazon Softens Stance on Taxes

Amazon.com Inc. reached an agreement with Texas officials Friday to begin collecting sales taxes in the state starting in July and appears to be backing away from its long-held opposition to tax collection in states where it has warehouses and other facilities.

Voices

Welcome to Amazon Town

Behind the piles of smiley-faced Amazon.com Inc. boxes arriving on doorsteps this holiday season are workers like Ray and Sarann Williams.

News Byte

Amazon Defends Warehouse Safety, Again

Amazon has posted a statement defending its worker safety record at a Breinigsville, Pa., warehouse, as well as its other warehouses, arguing that “it’s safer to work in the Amazon fulfillment network than in a department store.” It’s the company’s second public response to a month-old newspaper story about unsafe working conditions at the Breinigsville outpost.

News Byte

Amazon Responds to Warehouse Safety Story

In the wake of a news story about potentially unsafe working conditions at an Amazon distribution center, the retail giant has issued a public statement. Amazon doesn’t directly acknowledge reports that workers in a Pennsylvania warehouse worked in “brutal” heat that sent some of them to the hospital this summer. But it does say it recently spent $2.4 million installing air conditioning at four warehouses, including the one that sparked the detailed report in the Allentown Morning Call. “Those who know us well don’t doubt our intent or our focus on employee safety,” the statement concludes.

Who Says There’s a Bubble? Quidsi Launches Pets.com Copycat.

Pets.com serves as the symbol for the height of the bubble, as one of the most memorable flameouts of its time. But that isn’t deterring Quidsi from giving the online pets business another try.
Pets.com Puppet: "Oh no, is there another bubble? Hide!"

Overstock Says No Shortage of Inventory in the World That's Ripe for Discounting

In so many ways, Overstock may be considered the original flash sales site. Now, it too is experimenting with daily emails that offer steep discounts on select merchandise.

Gilt Groupe Leans on Mixture of Equity and Debt to Fund Growth

Gilt Groupe has secured about $15 million in a line of credit, which we’ve learned was primarily used for building out a new warehouse in Louisville, Ky.

Exclusive: Chegg Raises $75 Million in Additional Funding from Asian Firm

Chegg, the online textbook rental service, has raised another $75 million from Asia-based Ace Limited, according to sources. Ace seems to be nonexistent on the Internet, although sources said it is a Hong Kong-based investment firm. The round comes after a huge Series D investment in late 2009, which already brought Chegg’s funding to a whopping $144 million.

Chegg's Dan Rosensweig Talks About the Next Wave of Online Textbook Rentals and More!

Earlier this week, BoomTown went down to Santa Clara, Calif. to the offices of Chegg, the online textbook rental leader, to pay a visit on longtime Silicon Valley exec Dan Rosensweig. Today, in a bid to expand its offerings beyond books, Chegg said it had acquired Courserank, a Mountain View, Calif. start-up that helps students “share their course schedule, take classes with their friends, read and write reviews on classes and professors as well as find out how professors grade.” Here’s the video.

Google: Feeling Unlucky?