Should real profits in virtual worlds be taxed? ISU professors say there's a way to do it

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Gut Noel the avatar of ISU profesor Brian Mennecke strolls through a marketplace area in Second Life.
Gut Noel, the avatar of ISU profesor Brian Mennecke, strolls through a marketplace area in Second Life.

Ben Franklin's astute observation -- "In this world, nothing can be said to be certain, except death and taxes" -- has stood the test of time fairly well over the past 219 years. Until now.


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All News summaries for April 03, 2008

Qimonda sells Inotera stake, cutting 3,000 jobs

2 minutes ago | User rating: not rated yet
(AP) -- German memory-chip maker Qimonda AG is cutting 3,000 jobs and selling its stake in Inotera - a joint venture with Taiwan's Nanya Technology Corp. - to Micron Technology Inc. for $400 million.

MySpace gives little guys online ad muscle

4 hours ago | User rating: not rated yet
MySpace on Monday unleashed a tool to let small operators with tight budgets easily target online advertising to preferred demographics on the world's leading social networking website.

India's humble rickshaw goes solar

4 hours ago | User rating: not rated yet
A state-of-the-art, solar powered version of the humble cycle-rickshaw promises to offer a solution to urban India's traffic woes, chronic pollution and fossil fuel dependence, as well as an escape from backbreaking ...

YouTube adds full-length TV shows to video menu

Oct 11, 2008 | User rating: not rated yet
YouTube said Friday it is adding full-length television shows to the menu at its globally popular website famous for snack-sized video snippets.

Error puts data on 30 million German phone users on Internet

Oct 11, 2008 | User rating: not rated yet
Confidential data on 30 million German phone users could be consulted on the Internet as a result of an error until the phone company locked access, a spokesman for Deutsche Telekom said Saturday.
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