Tag Archives: internet

Reuters reports: The U.S. Supreme Court on Monday refused a request by the Trump administration and the telecommunications industry to wipe away a lower court decision that had upheld Obama-era net neutrality rules aimed at ensuring a free and open internet, though the justices’ action does not undo the 2017 repeal of the policy. The high court decision not to …

The New York Times reports: Sears, which more than a century ago pioneered the strategy of selling everything to everyone, filed for bankruptcy protection early on Monday. The company had long ago given up its mantle as a retail innovator. It was overtaken first by big box retailers like Walmart and Home Depot and then, by Amazon as the go-to …

The New York Post reports: It’s official: Toys R Us will live on. The iconic retailer’s debtholders are forming a new company, Geoffrey LLC that will control the Toys R Us and Babies R Us brands, including e-commerce assets and data associated with the brands, the debtors said late Tuesday night. They also plan to open stores in the US …

The Washington Post reports: The Trump administration said Sunday it will sue California in an effort to block what some experts have described as the toughest net neutrality law ever enacted in the United States, setting up a high-stakes legal showdown over the future of the Internet. California on Sunday became the largest state to adopt its own rules requiring …

CNET reports: SiriusXM will acquire Pandora in a $3.5 billion all-stock deal, the companies announced Monday. The deal between SiriusXM — a satellite radio company — and Pandora — a music streaming company — will create the world’s largest audio entertainment company, they said in a joint release. The companies hope to cross-promote between SiriusXM’s more than 36 million US …

Fortune Magazine reports: After 123 years in business, department store Henri Bendel is closing up shop for good after the holiday season. Known for its brown-and-white-striped bags, Henri Bendel was founded in 1895 by its namesake, a designer from Louisiana. When L Brands acquired Henri Bendel in 1985, it was by far the most luxury holding in its portfolio of …

Bloomberg reports: Sears Holdings Corp. continues to clean house, announcing plans to shutter an additional 46 unprofitable stores in November. The struggling chain informed workers at the impacted stores this week, and liquidation sales will begin as early as Aug. 30. The move is “part of our ongoing efforts to streamline Sears Holdings’ operations, strengthen our capital position and focus …

The New York Times reports: Internet retailers can be required to collect sales taxes in states where they have no physical presence, the Supreme Court ruled on Thursday. Brick-and-mortar businesses have long complained that they are disadvantaged by having to charge sales taxes while many of their online competitors do not. States have said that they are missing out on …

Politico reports: Breitbart’s traffic declined in May for the seventh straight month, according to comScore metrics, bringing the site to its lowest level of readership since January 2015, and half of what it was a year ago. Since the ouster of former executive chairman Steve Bannon in January, the site has been forced to search for a new identity, and, …

The New York Times reports: It’s official. The Federal Communications Commission’s repeal of net neutrality rules, which had required internet service providers to offer equal access to all web content, took effect on Monday. Under those regulations, broadband service was considered a utility under Title II of the Communications Act, giving the F.C.C. broad power over internet providers. The rules …

Business Insider reports: The US Senate on Wednesday voted narrowly in favor of reinstating the Federal Communications Commission’s net-neutrality rules. Though the vote on the measure has been expected for months, its outcome had been uncertain going into the vote. Fifty senators previously declared their support for it — one shy of the majority needed to pass it. In the …

The Hill reports: Democrats will force a Senate vote on Wednesday on a bill that would save the Federal Communication Commission’s net neutrality rules from repeal. Senate Democrats filed a discharge petition on the bill last week, starting the clock on the long-shot effort to preserve the Obama-era consumer protections. The legislation, introduced by Sen. Ed Markey (D-Mass.), would use …

Gizmodo reports: Google is well aware that YouTube is the internet’s biggest time suck, sending users down endless rabbit holes of related videos. Now, as part of the company’s apparent newfound interest in digital well-being, it’s introducing a feature that will encourage people to step away from the endless stream of videos—but only if they opt into it. The new …

CNET reports: According to a Pew Research Center survey published on Monday, the majority of US adults surveyed in January said the internet is mostly a good thing for them personally and for society as a whole. But the number has declined since the Center started asking the questions in early 2014. An overwhelming majority of US adults still said …

Krebs On Security reports: Authorities in the U.S., U.K. and the Netherlands on Tuesday took down popular online attack-for-hire service WebStresser.org and arrested its alleged administrators. Investigators say that prior to the takedown, the service had more than 136,000 registered users and was responsible for launching somewhere between four and six million attacks over the past three years. The action, …

The Washington Post reports: SpaceX has received official permission from the U.S. government to launch a fleet of satellites designed to beam high-speed Internet signals down to earth. The decision marks a major milestone for chief executive Elon Musk as he pursues a dream of putting 12,000 small satellites into low-earth orbit, connecting rural and developing parts of the world …

The Wall Street Journal reports: President Donald Trump criticized Amazon.com Inc. on Thursday, saying the e-commerce giant was “putting many thousands of retailers out of business.” Shares of Amazon.com slid on Wednesday amid speculation that the White House wanted to curb the company’s growing dominance. In a briefing on Wednesday, White House press secretary Sarah Huckabee Sanders said that Mr. …

Fast Company reports: The popular classifieds website has announced it has pulled its personal ads section from the site. Craiglist made the move after the passage of the Allow States and Victims to Fight Online Sex Trafficking Act (FOSTA) on Wednesday. The act makes it easier for sex trafficking victims and prosecutors to sue websites that allowed sex traffickers to …

Bloomberg reports: Claire’s Stores Inc., known for tween jewelry and ear piercing, has become the latest victim of the retail apocalypse. The company filed for bankruptcy Monday and said it reached an agreement with creditors including its private-equity backer, Apollo Global Management LLC, to restructure around $1.9 billion in debt. Its plan to survive rests on its reputation for trendy …

The Washington Post reports: Toy store chain Toys R Us is planning to sell or close all 800 of its U.S. stores, affecting as many as 33,000 jobs as the company winds down its operations after six decades, according to a source familiar with the matter. The news comes six months after the retailer filed for bankruptcy. The company has …