The European Union has lost a high-profile case in which it was trying to force Amazon to pay $300 million in back taxes.
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Amazon Is the Number One US Apparel Retailer, Passing Walmart
What was years in the making has finally happened, with Amazon passing Walmart to become the largest apparel retailer in the US.
Best Buy Debuts $200 Yearly Membership Program
Best Buy has announced a yearly membership program, for $199.99, that provides special pricing, free installation and unlimited tech support.
Shopify: We Are Arming The Rebels
Shopify President Harley Finkelstein says the rebels―the entrepreneurs and the small business owners―are the heroes of the Shopify story… and the rebels are winning.
Disney Accelerating Pivot To DTC-First Business Model
During yesterday’s earnings call Disney CEO Bob Chapek said it has accelerated the company’s pivot towards a DTC-first business model.
Congress Out To Kill Uber and the Entire Gig Economy Again
Democrats, in a political payoff to unions, have again introduced legislation in Congress to effectively make gig economy jobs like Uber, Lyft, DoorDash, etc. illegal.
57% of Small Businesses in US Are Now Fully Open
As restrictions ease around the country, a new reports shows that 57% of all small businesses are fully open.
Amazon’s Italy Workers Go On Strike
Amazon’s workers in Italy are going on a 24-hour strike to protest working conditions.
WSJ: Tripadvisor Adopting Hybrid Work Model
Tripadvisor CFO, Ernst Teunissen says that the company is going to hold the line on adding back costs. Trip Advisor reduced expenditures by a staggering 32 percent in 2020 as governments worldwide banned and restricted travel.
Postscript Raises $4.5 Million to Turbocharge Shopify SMS Marketing
Postscript announced it has raised $4.5 million in seed funding to help bring turbocharged SMS marketing to Shopify and e-commerce stores.