Three independent bookstores in NY have filed a class-action lawsuit claiming that independent booksellers will be at risk because of confidential agreements between Amazon and the six largest U.S. publishers. Book House of Stuyvesant Plaza in Albany, Fiction Addiction in Greenville, and Posman [Full Story…]
#Amazon and #Overstock Battle NY Court for Sales Tax Exemption
February 12, 2013 at 3:09 pm
The State of New York is defending it’s right to enforce state sales tax on online purchases from Amazon.com and Overstock.com. The companies are arguing that a 2008 NY Law that requires companies with affiliates in NY to charge sales tax is not constitutional because of a 1992 Supreme Court [Full Story…]
Anticipating #Amazon, More E-tailers Offer Same-Day Delivery
January 1, 2013 at 4:18 pm
E-commerce sites ranging from NY-based Shoptiques to Walmart.com are offering same-day shipping. It is expensive and labor-intensive and a feature that most customers may not actually need, but retailers are willing to offer it because of Amazon. The world’s largest on-line retailer, Amazon is [Full Story…]
#Pearson Invests $89.5M in Barnes & Noble’s #Nook
December 28, 2012 at 12:45 pm
Pearson announced Friday that it is taking a 5 percent stake in Barnes & Noble’s Nook business. The British publisher and education company is investing $89.5 million just as Barnes & Noble announced that its e-reader business will fall short of projections and holiday sales are below [Full Story…]
#Publishers’ Survival Kit Includes #Mergers and #Lawsuits.
December 27, 2012 at 10:09 am
In an effort to survive a rapidly transforming industry, NY-based publishers are using both mergers and lawsuits to compete with Amazon and Apple. According to Highbrow Magazine, at least two of the Big Seven publishers are in merger talks. News Corp., which owns HarperCollins is considering a [Full Story…]
eBay Now Expands Same-Day Service to NY
November 16, 2012 at 12:21 pm
eBay Now announced same-day delivery service in NY. The new app allows Manhattan customers below 125th St. and parts of Brooklyn to receive same-day delivery from hundreds of local stores, including Macy’s, Target, Walgreens, Toys R Us and Best Buy. The NYC launch follows a similar move in San [Full Story…]
NY Cloud-Based Companies Avoided #Sandy Problems
November 12, 2012 at 9:46 am
Despite Hurricane Sandy's widespread devastation of technology companies and their infrastructure, some have avoided problems. Employees of cloud-based companies are working remotely from hotels, residences and coffee shops, all in areas of the city and suburbs that were largely untouched by the [Full Story…]
NY Based Aviary Excels After Shift in Strategy #nyctech
October 6, 2012 at 12:06 pm
Aviary, a NY-based startup, is currently serving more than 10 million image edits a day and boasts about 20 million users. According to Bloomberg, the software has been used to edit over a billion images in the last year. The company was founded in 2007 and was backed by Amazon's Jeff Bezos and [Full Story…]
NY Sen. Schumer Asks DOJ to Drop e-Book Suit
July 22, 2012 at 10:01 am
Recently the Department of Justice filed suit against Apple and major publishers, alleging that they conspired to raise prices in the digital books market. Though NY Senator Charles Schumer told the Wall Street Journal that this sounds plausible, the suit will only restore Amazon to the dominant [Full Story…]
Barnes & Noble Launches Nook for Web
July 18, 2012 at 11:09 am
About two years after Amazon lauched Kindle for the Web, Barnes & Noble finally brings the Nook to the Web. The new Web edition lets readers browse free samples and whole books entirely from a web browser while preserving the bookmarking and layout options users are accustomed to. Now users can [Full Story…]
Office Lease Center Helps Tech Startups Navigate NY Markets
July 18, 2012 at 8:11 am
OfficeLeaseCenter.com launched recently and has made an impact on many emerging tech companies by helping them connect with people inside NY's leasing and construction markets. Jack Petrie, a senior VP at CresaPartners, founded the site and has used his contacts and clients in venture capital to [Full Story…]
Wall Street Buzzing Over Smaller iPad Rumors
July 10, 2012 at 11:18 am
One of the main reasons why Wall Street executives enjoy using their iPad's is because of its large tablet screen. Now, many executives in the business world are buzzing about Apple's rumored plans to change the size of the iPad screen. According to Wall Street and Tech, the next device is [Full Story…]
NY Startups Losing Engineers to Big Companies
July 2, 2012 at 8:11 am
Startups are competing for a limited talent pool of engineers, as according to Crain's New York Business, it is becoming more and more important to be able to attract and hire talent. NY tech startups are relying on both outsourcing and recruitment teams in their search for engineers. For example, [Full Story…]
VHX Raises $1.25 Million for Online Video Distribution
June 22, 2012 at 12:44 pm
VHX, NY/SF based startup that specializes in Web video distribution for independent film makers, has raised a seed round of $1.25 million led by Lerer Ventures. According to TechCrunch, at the beginning of last year founders Casey Pugh and Jamie Wilkinson launched VHX.tv, a site that let users [Full Story…]
Fancy Opens the Door to Accidental Discovery Retail Model
June 14, 2012 at 4:28 pm
NY-based Fancy lets users buy high-end things on a website as eclectic as Pinterest, as stunning as Tumblr, and as money-driven as Amazon, says Forbes. Founder Joe Einhorn created Fancy so that when users post images, they have links to the actual website for any product that can be purchased [Full Story…]
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