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The FTC and 17 states have accused Amazon of using tactics to maintain a monopoly. Independent vendors who do business selling products on Amazon face serious challenges to compete on the platform.

Alex Atala's Sao Paulo restaurant, D.O.M., is ranked among the top 10 restaurants in the world. His cuisines, which showcases irridescent insects, delicate jungle herbs and other ingredients from the Amazon, is pushing the frontiers of gastronomy.

Amazon's first quarter sales reached $51 billion, a 43 percent increase over last year. Its net income was $1.6 billion. Amazon also increased its annual Prime membership fee to $119 a year from $99.

Florida State University has filed a lawsuit in an effort to end its 30-year relationship with the Atlantic Coast Conference in its hopes of joining another conference.

Some non-Indian settlers in the Brazilian Amazon believe much of the land being given to the Indians could be used more productively for agriculture or mining. And they suspect that Brazil's government is enlarging the Indian territory as a back-door means of keeping it undeveloped. NPR's Martin Kaste reports from Amazon state.

Amazon said a mistyped command caused part of the company's cloud computing service to go down for hours on Tuesday. The Wall Street Journal reported the outage caused millions of dollars in losses.

Amazon's CEO will be Andy Jassy, the head of its cloud computing division. "As much as I still tap dance into the office, I'm excited about this transition," Bezos says.

While Apple unveils a futuristic new smart watch, Amazon slashes prices on its smartphone for shoppers. Both companies are searching for the innovation sweet spot in mobile.

Amazon announced Wednesday that it will expand the selection on its streaming service through a new deal with Viacom. Included in the deal are Paramount movies, as well as shows from Comedy Central, Nickelodeon, MTV and more. This deal isn't exclusive, in that much of the material is on other streaming services already such as Hulu and Netflix.

The move comes as Amazon.com's overall revenue growth is slowing, and it's looking for new ways to reignite sales.