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Amazon’s growth alone, and how much it has juiced the Seattle office market, is a big deal. The company has said it could occupy 12 million square feet of office space in Seattle by 2022. But there is another twist to this deal. Amazon will be taking over the space from its cloud computing rival from the other side of Lake Washington, Microsoft. Microsoft has about 126,000 square feet in the building.

Amazon’s update to Rekognition comes one day after the ACLU released a new study tied to a bill under consideration in the California legislature. The ACLU says that facial recognition software?falsely matched 26 members of the California legislature with mugshots from a public database. The goal of the study was to encourage lawmakers to approve a bill that would ban facial recognition software in police-worn body cameras.

American athletic apparel brand Champion plans to double its China presence by adding another 100 stores in the country by the end of this year, said the company in Shanghai on Wednesday, as it celebrates its 100-year anniversary.

Among a number of unicorns, China's bike-sharing platform ofo raised 0 million, the largest bike-sharing investment on record.

Amazon’s second annual Prime Day last year surpassed the inaugural event by 50 percent in the U.S. and by 60 percent worldwide, with “tens of millions” of customers making purchases. In its announcement of this year’s Prime Day, Amazon said it was “thrilled by the response over the last two years,” hence the decision to ramp up for the third edition of the shopping event.