EU Loses Case to Force Amazon to Pay Back Taxes

The European Union has lost a high-profile case in which it was trying to force Amazon to pay $300 million in back taxes.

Amazon Shopping - Image by Hannes Edinger
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
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: 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 a DTC-First Business Model
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.

Democrats Out To Kill Uber and the Entire Gig Economy Again
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.

Woman Entrepreneur - Image by Tumisu
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 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
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
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.