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Cheddar morning business update 10/9: Amazon close to making big move

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Amazon is reportedly close to deciding whether it will sell prescription drugs on its site. 

The FCC gave Google's Alphabet permission to fly 30 massive balloons over Puerto Rico as a way to bring emergency cellphone service.

And Dove apologized for racially insensitive ad for its body wash that was on its Facebook page. 

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  • Bill overhauling songwriter royalties heads to Trump's desk

    Bill overhauling songwriter royalties heads to Trump's desk

    Tuesday, September 25 2018 8:32 PM EDT2018-09-26 00:32:54 GMT
    Wednesday, September 26 2018 4:25 AM EDT2018-09-26 08:25:08 GMT
    Legislation to substantially overhaul the way music is licensed and songwriters compensated for songs online is being sent to the president's desk for his signature.
    Legislation to substantially overhaul the way music is licensed and songwriters compensated for songs online is being sent to the president's desk for his signature.
  • Into the fold? What's next for Instagram as founders leave

    Into the fold? What's next for Instagram as founders leave

    Tuesday, September 25 2018 5:32 PM EDT2018-09-25 21:32:39 GMT
    Wednesday, September 26 2018 4:25 AM EDT2018-09-26 08:25:05 GMT
    (AP Photo/Jeff Chiu, File). FILE - In this Tuesday, June 19, 2018, file photo, Kevin Systrom, CEO and co-founder of Instagram, prepares for an announcement about IGTV in San Francisco. In a statement late Monday, Sept. 24, 2018, Systrom said in a state...(AP Photo/Jeff Chiu, File). FILE - In this Tuesday, June 19, 2018, file photo, Kevin Systrom, CEO and co-founder of Instagram, prepares for an announcement about IGTV in San Francisco. In a statement late Monday, Sept. 24, 2018, Systrom said in a state...
    The departure of Instagram's founders underscores the degree to which Facebook has already put its stamp on the photo-sharing service it acquired in 2012, as well as the big plans it has in store.
    The departure of Instagram's founders underscores the degree to which Facebook has already put its stamp on the photo-sharing service it acquired in 2012, as well as the big plans it has in store.
  • Europe tech firms urge tougher rules to offset US dominance

    Europe tech firms urge tougher rules to offset US dominance

    Tuesday, September 25 2018 7:32 AM EDT2018-09-25 11:32:37 GMT
    Wednesday, September 26 2018 4:25 AM EDT2018-09-26 08:25:04 GMT
    European tech companies call on EU officials to toughen up proposed legislation aimed at combating US dominance.
    European tech companies call on EU officials to toughen up proposed legislation aimed at combating US dominance.
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