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Amazon’s market value surged to more than 2 billion on Wednesday, making the Seattle-based company the third-largest U.S. public company by that measure — surpassing its regional neighbor Microsoft for the first time.

Amazon’s seasonal hiring plans were reported by the Associated Press and Bloomberg News, and confirmed by an Amazon spokesperson. The company noted that it has made 19,000 promotions of workers in its operations to manager or supervisor roles this year.

Amazon’s treatment of third-party sellers was clearly at the center of the House’s inquiry and will almost certainly factor in a separate investigation that the Federal Trade Commission is conducting. The House does not have the authority to enforce antitrust law but the hearing does hint at the evidence that is being collected and shared with the FTC and other regulators.

Amazon’s streaming video service has come a long way: Citing third-party research, the company announced today that Prime Instant Video streams have almost tripled in the last year. That increase means that Amazon’s?streaming video bandwidth use now surpasses that of both Apple and Hulu, putting Amazon Video behind only YouTube and Netflix, according to the?report by video technology company Qwilt.

Amid a volatile international situation and a raging global pandemic, Hong Kong needs to adjust its strategy to better align with the country's development plans, Chan said.