Flashes & Flames: 4 things Jeff Bezos can teach daily newspapers

Jeff Bezos is the founder of amazonon who defined online shopping and re-wrote the rules of commerce. In 1994, he left a well-paid job in a Wall Street hedge fund and thought he would try something bold while the internet was young. He settled in Seattle, in the small US north-west state of Washington, after reading of a ruling that online retailers were not liable for sales tax in states where they lacked a physical presence. Consequently, Amazon sales to almost 98% of the US population would initially be tax-free.

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