Amazon to collect sales tax, create 2,500 jobs in Texas

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.

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?Shut-up and let us run the country,? they explained (Powerlineblog)

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Video: President Obama's White House Correspondents' Dinner Speech (Little green footballs)

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Fanatec's Clubsport pedals V2 bring improved brake and clutch feel to the virtual speedway (video)

Around these parts, we're generally suckers for all things related to racing simulators. As such, we're excited to learn that Fanatec has unveiled its next generation of the Clubsport pedals that we reviewed over a year ago. Dubbed as the Clubsport pedals V2, the company refers to the peripheral as an "evolutionary" update to original, offering a trio of improvements. The clutch has been retooled to have a "regressive feel" that's said to be similar to a real automobile, while the brake is now of the hydraulic variety, featuring user replaceable synthetic oil -- naturally, it still has an adjustable spring and load cell pressure sensor for the utmost customizability. The final touch is merely some visual spice in the way of black anodization. Notably, there won't be any tuning kit available initially, and V1 owners might be disappointed to know that the company has opted not to offer an upgrade kit, citing costs and potentially complicated installation. Fanatec is aiming to have the Clubsport pedals V2 out by June, bundled alongside its Clubsport wheel, with pricing set at $250 for the US (€250 in the UK). Pre-orders won't begin until May, so in the meantime, shift over to the source link below and the video past the break for all the details.

Gallery: Fanatec Clubsport pedals V2

Continue reading Fanatec's Clubsport pedals V2 bring improved brake and clutch feel to the virtual speedway (video)

Fanatec's Clubsport pedals V2 bring improved brake and clutch feel to the virtual speedway (video) originally appeared on Engadget on Fri, 27 Apr 2012 14:26:00 EDT. Please see our terms for use of feeds.

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Friday News Dump (talking-points-memo)

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Powwow draws tens of thousands to NM (Providence Journal)

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This Two-Acre Telescope Powers Science's Search for Dark Energy [Monster Machines]

For lack of a better word, the Robert C. Byrd Green Bank Telescope (GBT) is ginorgantic. (That's the evolved form of ginormous). At 17 million pounds, it is both the world's largest, most technologically-advanced single-dish radio telescope—and the single biggest land-based movable structure on the planet. More »

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Spinach-based solar cells get $90,000 development funds from EPA, Popeye delighted

A biohybrid solar panel that substitutes expensive silicon components for a spinach protein has been granted some substantial Phase II funding from the EPA. Engineering students from the Vanderbilt School of Engineering managed to stand out from 44 other university teams vying for funding at the National Sustainable Design Expo held in Washington DC. The team's large-scale panel only ekes out a small amount of electricity from the photosynthetic proteins at the moment, but according to Professor Kane Jennings, the cash injection from the EPA will help achieve higher energy conversion ratios over the next few years. Perhaps you could try wrapping them up into giant 3D cubes, Professor.

[Thanks Brandon]

Spinach-based solar cells get $90,000 development funds from EPA, Popeye delighted originally appeared on Engadget on Thu, 26 Apr 2012 12:21:00 EDT. Please see our terms for use of feeds.

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