Global E-Commerce Sales Surpasses $1 Trillion
A report by eMarketer states that global e-commerce sales have surpassed $1 trillion for the first time in 2012. Total sales will reach $1.3 trillion in 2013 led by the big four – United States ($385B); China ($181B); United Kingdom ($142B) and Japan ($140B). China’s market has tripled in just two years and eMarketer projects rapid growth for India and Indonesia as well.
Amazon Reaches Tax Deal with Connecticut
The giant online retailer has reached a deal with the Nutmeg State that would avoid liability for past taxes in return for beginning collecting sales tax in November 2013 and opening a new distribution center in the state. Connecticut Governor Malloy was hopeful that such a deal could push Congress to address the issue on a national basis. Amazon currently collects taxes in California, Kansas, Kentucky, New York, North Dakota, Pennsylvania, Texas, and Washington, which will soon expand to include Indiana, Massachusetts, Nevada, New Jersey, South Carolina and Virginia.
Google, Twitter Release Transparency Reports Showing Increased Government Requests for User Information
Google and Twitter have released reports detailing the growing number of take down requests and user data requests received from private and governmental entities, which has led to some calls for updating privacy laws to protect internet users from increased government surveillance.
More Information: Ecommerce Sales Topped $1 Trillion for First Time in 2012, eMarketer; Amazon To Collect Sales Tax From Connecticut Customers As Part Of Deal With State, Hartford Courant; Amazon to start charging sales tax in Massachusetts, cNET