The company is planning to launch an online streaming service for which it has spent over $1 billion on new content, signing with names such as Oprah, Reese Witherspoon, Steven Spielberg and more.

Amazon announced on Monday that the company signed an agreement to acquire Wi-Fi hardware maker Eero.

Amazon just broke it’s own record for annual sales and the plan is to continue expanding.

With recent slowed growth in iPhone sales, the company is diversifying its revenue sources by offering services, starting by partnering with Samsung to offer iTunes on Smart TVs.

n Wednesday, Verizon warned customers subscribed Fios TV that they could lose access to ESPN and ABC if there’s no deal to renew a contract with Walt Disney Company.

After a report released by the New York Times, Facebook has acknowledged it gave the companies access to data including sensitive private messages.