| Amazon to collect sales tax, create 2,500 jobs in Texas Apr 30th 2012, 10:22  If Amazon's been your internet safe haven from the ravages of sales tax, you may want to sit down. As part of a settlement with the great state of Texas, Bezos' baby will start collecting the state's requisite 6.25-percent sales tax on July 1st. The settlement resolves the online retailer's ongoing dispute with the Lone Star state, which claimed that Amazon owed $269 million in back taxes. In addition to taking up collection, Amazon has agreed to create at least 2,500 jobs and invest a minimum of $200 million in capital investments, though it admits no fault, and believes "the assessment was without merit," according to its latest SEC filing. Grouped in with Kansas, Kentucky, New York, North Dakota and Washington, this agreement makes Texas the sixth state to collect sales tax from Amazon -- and California, Nevada and Arizona will join the collection club in due time. Check out the source links below for the Texas Comptroller's official statement and more reading on Amazon's tax agreements across the nation. Amazon to collect sales tax, create 2,500 jobs in Texas originally appeared on Engadget on Mon, 30 Apr 2012 06:22:00 EDT. Please see our terms for use of feeds. Permalink  The Verge, GeekWire |  Texas Comptroller, SEC | Email this | Comments | | Huawei throws R&D dollars at gesture control, cloud storage, being more 'disruptive' Apr 30th 2012, 09:40  Undeterred by the fact that even humans struggle to interpret certain gestures, Huawei says it's allocating a chunk of its growing R&D budget to new motion-sensing technology for smartphones and tablets. The company's North American research chief, John Roese, told Computerworld that he wants to allow "three-dimensional interaction" with devices using stereo front-facing cameras and a powerful GPU to make sense of the dual video feed. Separately, the Chinese telecoms company is also putting development cash into a cloud computing project that promises to "change the economics of storage by an order of magnitude." Roese provided scant few details on this particular ambition, but did mention that Huawei has teamed up with CERN to conduct research and has somehow accumulated over 15 petabytes of experimental physics data in the process. Whatever it's up to, Huawei had better get a move on -- others are snapping up gesture recognition and cloud patents faster than you can say fa te ne una bicicletta with your hands. Huawei throws R&D dollars at gesture control, cloud storage, being more 'disruptive' originally appeared on Engadget on Mon, 30 Apr 2012 05:40:00 EDT. Please see our terms for use of feeds. Permalink SlashGear | Computerworld | Email this | Comments | |
