Amazon Prime Day may be a dominant force in the United States, but in India, the online retail giant has a big rival to contend with during its massive annual sale.
Hurdles are mounting for the project in the United States ahead of Congressional hearings on Libra this week, including criticisms from lawmakers, Federal Reserve Chairman Jerome Powell and President Donald Trump.
On Tuesday, representatives from Facebook, Amazon, Apple and Google are set to testify at a House hearing on "online platforms and market power," in what could be the industry's most high-profile grilling session since tech antitrust scrutiny ramped up in Washington a month ago.
Eight months after Instagram launched its Stories feature, it became more popular than all of Snapchat, which originally came up with the concept. But for its long-form video feature IGTV, it's crickets.
The Federal Trade Commission has reportedly approved an approximately $5 billion settlement with Facebook, suggesting a lengthy investigation into the social media company's data privacy practices could be nearing an end.
While many YouTube stars with big audiences can make a living just from the ads running on their videos and other YouTube offerings, in recent years online content creators have been increasingly looking to other ways to make money.
For months, President Trump's biggest supporters have demanded that he and Republicans offer more than lofty rhetoric when it comes to combating what they perceive as anti-conservative social media bias. So, naturally, there was some initial excitement when the White House announced plans for a so-called "social media summit." It could have been Christmas in July, a real chance for the White House to outline a specific plan of action.
Amazon Game Studios, a division of Amazon, is producing a free-to-play massively multiplayer online (MMO) game based on J.R.R. Tolkien's "The Lord of the Rings."
