Business Startup

News Roundup 12/15 – 12/21: SOPA, Twitter’s Angel, Louis CK’s New Business Model, Washington Economics, ETC

SOPA Vote Postponed; PIPA Set at Top of Senate List; Cantwell Supports OPEN Alternative Mark up and voting of the SOPA (Stop Online Piracy Act) bill that would either save the entertainment industry or ruin the Internet, depending on who you believe,  has been delayed due to “the House Schedule”. Fred Wilson suggests that the cause of the delay is either complaints from high-tech executives persuaded the bill’s sponsors to reconsider, the grass-roots movement objecting to potential over reach by SOPA persuaded the bill’s sponsors to reconsider, or because Representatives were bored with talking about SOPA and wanted to go home for the holidays. The related Senate bill PIPA (Protect Intellectual Property Act) is at the top of Senator Harry Reid’s...

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Intellectual Property

News Roundup 12/8 – 12/14: IPO’s, Piracy, Censorship, Google Apps, and Tech Funding

Antipiracy Bill AKA Censorship Bill May Pass This Week The House of Representatives is expected to vote as early as this week on the Stop Online Piracy Act. The House bill, and similar legislation that is likely to pass in the Senate (the “Protect IP Act“), would allow the Justice Department to seek court orders requiring U.S. Internet-service providers, search engines, payment processors and ad networks to block or stop doing business with foreign websites linked to online piracy. It would also make it a felony to stream copyright-protected materials, leading a Harvard Law Professor believing that the law could put Justin Bieber in prison for three years due to videos he has uploaded to YouTube. Businesses in the entertainment industry...

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Business Startup

News Roundup 12/1-12/7: Mergers, Trademarks, Venture Captial Rounds, Vesting, and Spin Offs

RIM Walks Away From BBX Brand Name After Trademark Dispute Blackberry producer Research In Motion, Inc. has agreed to change the name of its new operating system from BBX to BlackBerry 10 after Basis International, Ltd. won a court order seeking an injunction in a trademark infringement claim. In October RIM announced that it would call its newest operating system BBX, and days later Basis International filed suit to protect its registered trade mark “BBx”. In what has been an already dismal year, RIM’s stock dipped further today on the heels of this news that it would have to rename its upcoming operating system.

Expedia Shareholders Approve Spin Off of Trip Advisor Earlier today we discussed the advantages to spin offs, here’s an...

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Business Startup

Top Five News Stories: 11/24-11/30

Amazon & Ebay Weigh In On Online Sales Tax Currently online retailers only have to collect state sales taxes if they have a physical presence in that state. If the retailer doesn’t collect the tax, it’s up to the purchaser to send the sales tax to the state. However, this rarely happens. Across the nation lost sales tax revenue from failure to collect online sales taxes is estimated at upwards of $23 billion.

There are a number of bills that have been introduced in Congress this year to create a national scheme for collecting state sales tax in online transactions (e.g., The Marketplace Fairness Act which is currently in the Senate). On Wednesday representatives from Amazon and Ebay testified before congress on...

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