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Amazon zooms in on YouTube with a new online video posting service

(Bloomberg)—Amazon.com Inc. will let people post videos to its website and earn money from advertising, royalties and other sources, putting the company in more-direct competition with Google’s YouTube. Amazon, No. 1 in the Internet Retailer 2016 Top 500 Guide, already offers movies and television programs over the Internet—including its own original productions—to compete with Netflix […]

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