Recommended Reading: January 13, 2017 - eMarketer
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Recommended Reading: January 13, 2017

eMarketer's scan of the key developments of the day, plus data to make sense of it all

January 13, 2017

Apple Looks to Develop Original Content

Apple may be following in the footsteps of Netflix and Amazon. The manufacturing giant has been in talks with several Hollywood producers about buying the rights to certain TV content, the Wall Street Journal reports.

Amazon Runs Afoul of Indian Minister Over Doormat

Indian Foreign Minister Sushma Swaraj threatened to cancel the visas of foreign Amazon employees after discovering the US-based ecommerce giant was selling in Canada doormats bearing India's flag. Amazon, which has announced plans to invest a total of $5 billion in an effort to establish itself in India, removed the product from the site. eMarketer estimates that retail ecommerce sales in India will hit $23.42 billion this year

Samsung Executive Questioned in South Korea Corruption Scandal

South Korean officials announced on Wednesday that they would question Lee Jae-yong, vice chairman of Samsung Electronics, in an ongoing government corruption inquiry. Investigators are examining allegations that Samsung bribed an associate of embattled President Park Geun-hye in order to secure favorable treatment from the government.

Snapchat Reveals New Universal Search Bar

Snapchat is simplifying the way people use its app with a universal search bar. The company told TechCrunch that the new feature is "designed for speed" and lets users find what they need quicker.

China Blocks Overseas Celebrities from Streaming Sites

China's Ministry of Culture reportedly blacklisted dozens of foreign artists and celebrities who have been critical of the country's government from Chinese entertainment ventures, such as music streaming sites. In recent months, Chinese regulators have stepped up their crackdown on online content, including newer services like live streaming platforms.

Amazon Looks to Create More Jobs in US

Amazon said it will add more than 100,000 new jobs in the US within the next 18 months, Bloomberg reports. The announcement comes after a series of skirmishes between Amazon founder Jeffrey Bezos and US President-elect Donald Trump during the presidential campaign. For fiscal 2015, the most recent year for which data is available, Amazon had 230,800 employees globally, an increase of 76,700.

—Rahul Chadha and Rimma Kats


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