from the enshittification-as-a-service dept Back in early 2024, Amazon announced that Prime Video customers (who already pay $140 per year) would be charged $3 extra every month just to avoid ads that didn’t previously exist. It was just the latest example of “enshittification” in a streaming sector all out of original ideas, desperate to provide Wall Street with impossible skyward quarterly growth — regardless of consumer annoyance or brand harm. And it just got worse. Just recently, Amazon informed subscribers that the $3 extra fee to avoid ads would now be $5 a month. Again, on top of the $140 people are…

In brief House lawmakers will examine tokenization as key market players push ahead with early efforts to bring securities on-chain. The hearing will feature Wall Street, market infrastructure, and crypto industry witnesses. Observers expect the hearing to offer an early read on Congress’s approach as harder legal issues remain open. The House Financial Services Committee will examine tokenization on Wednesday as exchanges, market operators, and regulators push ahead with early efforts to bring stocks, bonds, and other securities products onto blockchain-based rails.Committee materials show a narrower focus for Wednesday’s hearing, however. One bill would require a joint SEC-CFTC study of…

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