Amazon has agreed to settle an administrative complaint by the FTC for $61.7M to pay drivers for tips.
Facebook won't take a cut of creator revenue till 2023; Google fights back against antitrust allegations; and Pres. Biden reverses TikTok and WeChat bans.
Amazon is hosting Prime Day 2021 on June 21-22, a month earlier than usual. They are kicking off the event with a 3-part music spectacular.
Amazon will shut down the Prime Now app and website by year end. It is redirecting shoppers to the Amazon app and Amazon.com instead.
After 70 injuries to children and pets and one child death, Peloton voluntarily recalled its Tread+ and Tread treadmills after initially fighting the CPSC on its warning.
Amazon reports another outstanding quarter with total net sales of $108.5B, representing 44% growth year-over-year.
Following a strong 2020, Netflix reported revenue of $7.2 billion, a 24.2% increase, and record operating margin and income.
The Federal Trade Commission is hosting a virtual workshop on April 29th to examine digital “dark patterns” to examine what dark patterns are and how they impact or trick consumers and the marketplace into making unwanted or extra purchases online.
Best Buy is testing a $200-a-year membership program, Best Buy Beta, in 60 stores in 6 states, starting in April.
Starting in 2023, Amazon Prime Video will become the exclusive home to the NFL's Thursday Night Football, a first for a streaming service.