Dark Side of Affiliate Marketing, Split on Innovation Act, Pushing Seniors to Start Up: Dec. 6

Illustration by André da Loba

Affiliate marketing has become an important tool for small businesses, writes Mark Cohen. But there’s a dark side to the practice: scams. [New York Times]

The House of Representatives passed the Innovation Act to rein in patent trolls, writes Gabrielle Karol. The law also has the potential to create rifts between tech startups and Main Street businesses. [Fox Business]

Ruth Simon and Angus Loten report on states that let private businesses use equity crowdfunding to sell shares to state residents. [Wall Street Journal]

Advocacy group Independent We Stand bestowed the title of America’s favorite small business on Trio Hardware of Plainview, N.Y., reports Parija Kavilanz. [CNNMoney]

In West Virginia, the U.S. Small Business Administration is encouraging senior citizens to open businesses (video). [WBOY]

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