Friday, January 28, 2005

January 28 - Shopping Site Buy.com Files for 2nd IPO





BizReport Newletter




















  BizReport News |  January 28, 2005  |  Issue 10/2005















 
BizReport
 







TOP STORY




Shopping Site Buy.com Files for 2nd IPO

A lack of profits didn't stop Buy.com from going public in 2000, and it's sure not going to stop it from trying again.











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NEWS



Business


Bids Sought For 'Net Sales Tax Systems

State governments working on a national Internet sales tax system are moving ahead with plans to create the data infrastructure that they and retailers will need to manage the collection of taxes on most e-commerce transactions.


Security


Man Sentenced for Releasing Computer Worm

A Minnesota man was sentenced Friday to 18 months in prison and 10 months of community service after pleading guilty to crippling nearly 50,000 computers by unleashing a variant of the "Blaster" Internet worm in the summer of 2003.


Government & Law


Norway Court Upholds Napster Conviction

Norway's supreme court ruled Thursday that a student whose Napster.no homepage was linked to free Internet music files must compensate the music industry.


Business


Microsoft Dividend Boosts Personal Income

The $32 billion special dividend Microsoft Corp. paid to shareholders last month boosted U.S. personal income in the fourth quarter, but had no effect on gross domestic product data released on Friday, the Commerce Department said.


Government & Law


EU Raises Possibility of New Fines for Microsoft

The European Commission held out the possibility on Friday that Microsoft Corp. may be fined up to 5 percent of its average daily turnover unless it complies soon with a European Union antitrust decision.


Business


AOL to Drop Direct Usenet Access

America Online will stop providing direct access to Usenet newsgroups, one of the earliest forums on the Internet for people to discuss a large variety of topics from television shows to software to sex.


Search Engines


Amazon.com Adds Photographs to Directory

Online retail giant Amazon.com Inc. is trying to become a bigger player in the Internet's crowded search engine market with a local business directory that supplements address and phone number listings with a photographic tour covering 10 major U.S. cities.












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