Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: internet

Report: Facebook seeks $10 billion in IPO

NEW YORK — Facebook might finally be laying down the groundwork for a highly anticipated initial public offering, long expected to take place sometime after April 2012. The Wall Street Journal is reporting that the world’s largest online social network ...

Read More »

Conn. sees Internet tax delayed after legal fight

HARTFORD, Conn. — Connecticut’s revenue commissioner said Monday he’s advised state lawmakers to forget about $9.4 million in revenue from Internet taxes as the state digs in for what could be a long legal fight. Kevin Sullivan, commissioner of revenue ...

Read More »

Post office near default? Losses mount to $5.1B

WASHINGTON — The U.S. Postal Service said Tuesday it has lost $5.1 billion in the past year, pushing it closer to imminent default on a multibillion-dollar payment and to future bankruptcy as the weak economy and increased Internet use drive ...

Read More »

Senate rejects GOP bid to overturn Internet rules

WASHINGTON — Senate Democrats on Thursday turned back a Republican attempt to repeal federal rules designed to prevent Internet service providers from discriminating against those who send content and other services over their networks. Republicans argued that “net neutrality” rules ...

Read More »

Cable companies to offer $9.95 broadband for poor homes

NEW YORK — Cable companies said Wednesday that they will offer Internet service for $9.95 per month to homes with children that are eligible for free school lunches. The offer will start next summer and is part of an initiative ...

Read More »

Franchot: State powerless to collect most of online tax revenue

Maryland lost nearly $200 million in taxes on online and other remote sales last year, but will be powerless to collect all but a small fraction of that potential revenue on its own, according to a report released Friday by ...

Read More »