Facebook's 'Like' button becomes force in e-commerce

Whether you just bought an airline ticket or a pair of jeans online, chances are an Internet search preceded the transaction. Now Facebook hopes to make its vast web of online social connections another central ingredient ...

China e-commerce sales up 22% in 2010: report

Online sales in China, the world's largest web market, rose 22 percent in 2010 as price-sensitive consumers turned to the Internet for cheaper products amid rising inflation, an industry report said.

EU: breakthrough on online music rights

(AP) -- The EU's top antitrust official on Wednesday described a deal among Apple Inc.'s iTunes, music companies, distributors and online licensing groups as a "great breakthrough" that would roll out more Internet music ...

Quebec to tax some tech firms

Quebec will start applying a sales tax to some internet companies such as Netflix and AirBnb starting in 2019, the government of the French speaking province said Tuesday.

Streaming revenue edges out CDs in US

Streaming has topped CD sales in revenue for the first time in the United States as music listeners flock to on-demand services and Internet radio, industry figures showed.

Fired Yahoo exec gets $58M for 15 months of work

Yahoo's recently fired chief operating officer, Henrique de Castro, left the Internet company with a severance package of $58 million even though he lasted just 15 months on the job.

Lawmakers accuse Google of dishonesty over taxes

U.K. lawmakers subjected search giant Google to blistering criticism Thursday, accusing the U.S. Internet company of playing games with Britain's tax rules to avoid paying what it owed.

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