Walmart will launch streaming service on Vudu

Facebook Twitter LinkedIn Email Reddit WhatsAppCan Walmart compete with Amazon? Walmart announced this week that they will launch their own streaming service, through Vudu, to compete with Amazon and Netflix. Vudu is a Walmart-owned platform that allows consumers to purchase and watch videos and television shows — it’s essentially like a video store in your home.  But now, they want to bring streaming services onto Vudu to attract more consumers and take away potential users from Netflix and Amazon. According to reports, the new Vudu could cost less than $8,…

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Airbnb Hit with More Regulations in New York City

Facebook Twitter LinkedIn Email Reddit WhatsAppCity Council challenges Airbnb   New York City’s City Council voted on Wednesday to move forward a bill that intends to restrict the actions of rental services such as Airbnb. Hosts will need to register with the Office of Special Enforcement in order to continue renting their spaces short-term. If the bill passes, Airbnb will have to provide the city with their listings’ addresses, host-names, and their primary addresses. This bill is intended to help NYC in its efforts to halt the operation of illegal…

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Prime Day marks biggest shopping event for Amazon

Facebook Twitter LinkedIn Email Reddit WhatsAppThis year’s Amazon Prime Day was the biggest shopping event in the history of Amazon. Sales on the day eclipsed that of Cyber Monday, Black Friday, and other major shopping days. According to the company, Amazon Prime members purchased over 100 million products. Items varied but popular sales included video games, smartphones, and light bulbs, to name a few. Even Whole Foods saw sales jump on the day, with strawberries raking in the most purchases. Amazon did not disclose the total amount of money that…

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European Commission fines Google $5 billion

Facebook Twitter LinkedIn Email Reddit WhatsAppThe European Commission announced on Wednesday that it is fining Google €4.34 billion ($5 billion) for forcing its Google apps onto smartphone users. Antitrust official, Margrethe Vestager, had this to say about the fine: Google has used Android as a vehicle to cement the dominance of its search engine. They have denied European consumers the benefits of effective competition in the important mobile sphere. European officials determined that Google broke the law by mandating manufacturers to have Google Search and Google Chrome apps in order…

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Boeing lands contract for new Air Force One

Facebook Twitter LinkedIn Email Reddit WhatsAppBoeing recently signed a contract with President Trump to test and modify two new Air Force One jets – the deal is valued at $3.9 billion. The Boeing 747/748’s will be finished by 2024 according to sources, which would be Trump’s last year in office if he wins reelection. Although a White House spokesman claims the president’s negotiated deal will save taxpayers over $1 billion. However, other estimates claim taxpayers will only save a few hundred million dollars. The negotiation process all started in January…

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