Check most memorable events 2018 AD in United States of America.
In 2018, HBO produced a documentary about his life and career. Directed by Marina Zenovich, the film, Robin Williams: Come Inside My Mind, was also screened at the Sundance Film Festival. That same year, a mural of Robin Williams was created on Market Street, in San Francisco.
Tesla ranked as the world's best selling plug-in passenger car manufacturer in 2018, both as a brand and by automotive group, with 245,240 units delivered, capturing a market share of 12% of all plug-in cars sold globally in 2018, followed by BYD Auto with 227,152 plug-in passenger cars delivered.
Facebook ranked No. 76 in the 2018 Fortune 500 list of the largest United States corporations by revenue. Most comes from advertising. One analysis of 2017 data determined that the company earned US$20.21 per user from advertising.
In January 2018, Page publicly announced his marriage to dancer and choreographer Emma Portner. The couple met after Page noticed Portner on Instagram. Emma Portner is a Canadian professional dancer and choreographer. Portner was born in Ottawa, Ontario, and began dancing when she was three years old. She started dancing at a competitive studio in Ottawa before spending her summers with The National Ballet of Canada.
The appeal was heard by the Massachusetts Supreme Judicial Court in November 2018, a year after Hernandez's death, by six justices. The attorney representing the Lloyd family, Thomas M. Quinn, III, argued that Hernandez was rightfully convicted of Lloyd's murder and that the conviction was unfairly wiped out. Quinn also argued that Hernandez killed himself knowing of the technicality that would get his conviction thrown out, and that, "He should not be able to accomplish in death, what he never would have been able to do in life." On March 13, 2019, the Supreme Judicial Court reinstated Hernandez's conviction but stated that the trial record would note that his conviction was "neither affirmed nor reversed"; the appeal was rendered moot because Hernandez died while the case was on appeal. The Court, in their ruling, also officially ended the practice of abatement ab initio, ruling that it was outdated, never made sense, and that it was "no longer consonant with the circumstances of contemporary life, if, in fact, it ever was." After the ruling, Hernandez's estate vowed to appeal the ruling further.
On January 11, 2018, Facebook announced that it would change the News Feed to prioritize friends/family content and de-emphasize content from media companies.
According to a 2018 report from the National Retail Federation, 30 million Americans will spend an estimated $480 million on Halloween costumes for their pets in 2018. This is up from an estimated $200 million in 2010. The most popular costumes for pets are the pumpkin, followed by the hot dog, and the bumble bee in third place.
On January 22, 2018, the company crossed $100 billion in market capitalization, becoming the largest digital media and entertainment company in the world, bigger than every traditional media company except for AT&T, Comcast and Disney and the 59th largest publicly traded company in the US S&P 500 Index.
Journalist Jonathan Greenberg reported in April 2018 that Trump, using a pseudonym "John Barron", called him in 1984 to falsely assert that he owned "in excess of ninety percent" of the Trump family's business, in an effort to secure a higher ranking on the Forbes 400 list of wealthy Americans. Greenberg also wrote that Forbes had vastly overestimated Trump's wealth and wrongly included him on the Forbes 400 rankings of 1982, 1983, and 1984.
Bitcoin prices were negatively affected by several hacks or thefts from cryptocurrency exchanges, including thefts from Coincheck in January 2018, Coinrail and Bithumb in June, and Bancor in July. For the first six months of 2018, $761 million worth of cryptocurrencies was reported stolen from exchanges. Bitcoin's price was affected even though other cryptocurrencies were stolen at Coinrail and Bancor as investors worried about the security of cryptocurrency exchanges.
On February 14, 2018, a gunman opened fire with a semi-automatic rifle at Marjory Stoneman Douglas High School in Parkland, Florida, killing 17 people and injuring 17 others. Witnesses identified Nikolas Cruz, a 19-year-old former student at the school, as the assailant. Cruz fled the scene on foot by blending with other students. He was arrested without incident about an hour later in nearby Coral Springs.
Pearl Fernandez plead guilty on February 15, 2018 to her charge as part of a plea deal to avoid the death penalty, and was sentenced to life imprisonment without the possibility of parole.
In February 2018, Eilish embarked on the Where's My Mind Tour, which concluded in April 2018. For Record Store Day 2018, Eilish released a 7" vinyl featuring an acoustic version of her song "Party Favor" and an acoustic cover of Drake's "Hotline Bling".
In February 2018, Pelosi sent a letter to Speaker Ryan accusing Republicans with having waged a "cover-up campaign" to protect Trump and cited last minute changes to the memo after a vote for its release as dangerous and violating House rules, saying, "House Republicans' pattern of obstruction and cover-up to hide the truth about the Trump-Russia scandal represents a threat to our intelligence and our national security. The GOP has led a partisan effort to distort intelligence and discredit the U.S. law enforcement and intelligence communities." She charged House Intelligence Committee Chairman Devin Nunes with partaking in "deliberately dishonest actions" and called for his immediate removal from his position.
On March 1, 2018, the company announced that it would shut down its 250 standalone Best Buy Mobile stores in the United States by the end of May, due to low revenue and high costs. The Best Buy Mobile stores were reported to account for 1% of the company's revenue.
The initial Oculus headsets, produced under the "Oculus Rift" brand, are traditional VR headsets that require a PC to operate. In 2018, Facebook CEO Mark Zuckerberg stated that the original Oculus Rift "CV1", Oculus Go (a lower-end standalone headset released in 2017), and first-generation Quest were the company's first generation of products, and expected new iterations of the three to be developed for a second generation of the company's technology.
In a company public announcement on March 15, 2018, Parker said Trevor Edwards, a top Nike executive who was seen as a potential successor to the chief executive, was relinquishing his position as Nike's brand president and would retire in August.
On March 26, the Federal Trade Commission opened an investigation into the matter. The controversy led Facebook to end its partnerships with data brokers who aid advertisers in targeting users.
On April 10 and April 11, 2018, Zuckerberg began testifying before the United States Senate Committee on Commerce, Science, and Transportation regarding the usage of personal data by Facebook in relation to the Facebook–Cambridge Analytica data breach.
In April 2018, Branson announced the acquisition of the Las Vegas-based Hard Rock Casino-Hotel with plans to re-brand the property under his Virgin Hotels business. Virgin Hotels Las Vegas opened on March 25, 2021.
After Huffman rejoined Reddit as CEO, he launched Reddit's iOS and Android apps, fixed Reddit's mobile website and created A/B testing infrastructure. The company launched a major redesign of its website in April 2018.
DC Universe is a video on demand service operated by DC Entertainment. It was announced in April 2017, with the title and service formally announced in May 2018. DC Universe is expected to offer more than video content through the inclusion of an immersive experience with fan interaction that encompasses comics in addition to television.
On May 1, 2018, it was announced that Chairman Robert Keegan and CEO Jeff Jacobson and four other directors would resign as part of a deal with investors Carl Icahn and Darwin Deason, who had mounted a proxy fight to oppose the Fujifilm deal. On May 4, Xerox backed away from the deal after stipulations about ceasing litigation were not met.
On May 17, 2018, YouTube announced the re-branding of YouTube Red as YouTube Premium (accompanied by a major expansion of the service into Canada and 13 European markets), as well as the upcoming launch of a separate YouTube Music subscription.
A school shooting occurred at Santa Fe High School in Santa Fe, Texas, United States, in the Houston metropolitan area, on May 18, 2018. Ten people – eight students and two teachers – were fatally shot, and thirteen others were wounded. The suspected shooter was taken into custody and later identified by police as Dimitrios Pagourtzis, a 17-year-old student at the school.
In May 2018, after the White House invited two Republicans and no Democrats to a briefing by Department of Justice officials on an FBI informant who had made contact with the Trump campaign, Pelosi and Senate minority leader Schumer sent a letter to Deputy Attorney General Rod Rosenstein and FBI director Wray calling for "a bipartisan Gang of Eight briefing that involves congressional leadership from both chambers".
Aguirre was charged with first degree murder with special circumstances of torture for murdering Gabriel Fernandez. He pleaded not guilty; however, the jury found him guilty and recommended he be sentenced to death, which was accepted by Superior Court Judge George G. Lomeli. Aguirre was admitted to San Quentin State Prison on June 13, 2018, where he is currently awaiting execution.
Currently, Pearl Fernandez is serving a life sentence without the possibility of parole for first degree murder with special circumstances of torture at Central California Women's Facility. Pearl was admitted to the facility on June 21, 2018.
On July 2, 2018, Best Buy announced it was cutting the amount of store space devoted to selling physical music, citing the popularity of streaming services as having reduced sales.
Recognition of Juneteenth varies across the United States. It is not officially recognized by the federal government, although the Senate unanimously passed a simple resolution in 2018 in honor of the day, and legislation has been introduced in Congress several times to make it either a "national day of observance" (akin to Flag Day or Patriot Day) or a full-scale federal holiday.
On July 11, 2018, news outlets reported that during a conference call with Papa Johns' marketing agency Laundry Services, Schnatter had used the word "nigger" by saying "Colonel Sanders called blacks niggers and Sanders never faced public backlash." Schnatter alleged that referencing the quote by the KFC founder was meant to convey his dislike for racism. After the call, the owner of the marketing agency moved to end their contract with Papa John's. Schnatter resigned as chairman of the board on the same day the incident was reported.
On July 26, 2018, John Schnatter filed a lawsuit against Papa John's Pizza to give him access to the company's books and records after they fired him from the company after the teleconference call scandal. He describes the company's procedures as an "unexplained and heavy-handed way" to cut ties between him and the company that he founded. In addition to preventing him from accessing information, the corporation has also implemented a poison pill strategy in order to limit Schnatter's chances of buying back a majority stake in the company.
On July 26, Facebook became the first company to lose over $100 billion worth of market capitalization in one day, dropping from nearly $630 billion to $510 billion after disappointing sales reports.
Facebook announced in August 2018 they had entered negotiations to lease the entire Burlingame Point campus in Burlingame, California, then under construction. The lease was executed in late 2018, and the site, owned by Kylli, a subsidiary of Genzon Investment Group, was expected to be complete by 2020. Oculus was expected to move to Burlingame Point when development is complete.
According to an August 8, 2018 story in Bloomberg Businessweek, Amazon has about a 5 percent share of US retail spending (excluding cars and car parts and visits to restaurants and bars), and a 43.5 share of American online spending in 2018. The forecast is for Amazon to own 49 percent of the total American online spending in 2018, with two-thirds of Amazon's revenue coming from the US.
In August 2018, the National Defense Authorization Act for Fiscal Year 2019 (NDAA 2019) was signed into law, containing a provision that banned Huawei and ZTE equipment from being used by the U.S. federal government, citing security concerns.
On August 21, 2018, former Trump campaign chairman Paul Manafort was convicted on eight felony counts of false tax filing and bank fraud. Trump said he felt very badly for Manafort and praised him for resisting the pressure to make a deal with prosecutors, saying "Such respect for a brave man!" According to Rudy Giuliani, Trump's personal attorney, Trump had sought advice about pardoning Manafort but was counseled against it.
On 22 August 2018 an arrest warrant was issued by the U.S. District Court for the Eastern District of New York. Meng (Huawei vice-chairwoman and CFO) was charged with "conspiracy to defraud multiple international institutions", according to the prosecutor.
In August 2018, Pelosi called for the resignation of Duncan D. Hunter after his indictment on charges of misusing at least $250,000 in campaign funds, saying the charges were "evidence of the rampant culture of corruption among Republicans in Washington today".
On August 27, 2018, Netflix signed a five-year exclusive overall deal with international best–selling author Harlan Coben. Under the multi-million pact, Netflix will work with Coben to develop 14 existing titles and future projects. On the same day, the company inked an overall deal with Gravity Falls creator Alex Hirsch.
In September 2018, Nike announced it had signed former American football quarterback Colin Kaepernick, noted for his controversial decision to kneel during the playing of the US national anthem, to a long-term advertising campaign.
In September 2018, Musk was sued by the U.S. Securities and Exchange Commission (SEC) for a tweet claiming that funding had been secured for potentially taking Tesla private. The lawsuit claimed that verbal discussions Musk held with foreign investors in July 2018 did not confirm key deal terms and thus characterized the tweet as false, misleading, and damaging to investors, and sought to bar Musk from serving as CEO on publicly traded companies. Musk called the allegations unjustified and that he had never compromised his integrity.
In September 2018, YouTube began to phase out the separate YouTube Gaming website and app and introduced a new Gaming portal within the main service. YouTube staff argued that the separate platform was causing confusion and that the integration would allow the features developed for the service (including game-based portals and enhanced discoverability of gaming-related videos and live streaming) to reach a broader audience through the main YouTube website.
On September 19, Facebook announced that, for news distribution outside the United States, it would work with U.S. funded democracy promotion organizations, International Republican Institute and the National Democratic Institute, which are loosely affiliated with the Republican and Democratic parties.
On September 26, 2018, Facebook unveiled Oculus Quest. It was originally unveiled as a higher-end counterpart to the Oculus Go, and part of a goal to reach one billion VR users. Similar to Oculus Go, it uses embedded mobile hardware running an Android-based operating system, including a Snapdragon 835 system-on-chip, and 64 or 128 GB of internal storage. The Quest uses OLED displays with a resolution of 1600x1440 per eye and running at 72 Hz. It supports Oculus Touch controllers via an "inside-out" motion tracking system known as "Oculus insight", which consists of a series of cameras embedded in the headset. The controllers were redesigned to properly function with Insight. It supports games and applications downloaded via Oculus Store, with ported launch titles such as Beat Saber and Robo Recall. It also supports cross-platform multiplayer and cross-buys between PC and Quest. Facebook stated that they would impose stricter content and quality standards for software distributed for Quest than its other platforms, including requiring developers to undergo a pre-screening of their concepts to demonstrate "quality and probable market success".
In September 2018, an anonymous party discovered and reported an invalid-block denial-of-server vulnerability to developers of Bitcoin Core, Bitcoin ABC, and Bitcoin Unlimited. Further analysis by bitcoin developers showed the issue could also allow the creation of blocks violating the 21 million coin limit and CVE-2018-17144 was assigned and the issue resolved.
Amazon announced to debut the Amazon 4-star in New York, Soho neighborhood Spring Street between Crosby and Lafayette on 27 September 2018. The store carries the 4-star and above rated products from around New York.
On September 28, 2018, Facebook experienced a major breach in its security, exposing the data of 50 million users. The data breach started in July 2017 and was discovered on September 16.Facebook notified users affected by the exploit and logged them out of their accounts.
Two days calling the allegations unjustified, Musk settled with the SEC, without admitting or denying the SEC's allegations. As a result, Musk and Tesla were fined $20 million each, and Musk was forced to step down temporarily as Tesla chairman while remaining Tesla's CEO.
On 4 October 2018, Musk issued a sarcastic tweet, describing the SEC agency as the "Shortseller Enrichment Commission", despite having agreed to settlement terms a week earlier that his company, Tesla, would monitor his tweets and other communications.
In 2018, HBO produced a documentary about his life and career. Directed by Marina Zenovich, the film, Robin Williams: Come Inside My Mind, was also screened at the Sundance Film Festival. That same year, a mural of Robin Williams was created on Market Street, in San Francisco.
Tesla ranked as the world's best selling plug-in passenger car manufacturer in 2018, both as a brand and by automotive group, with 245,240 units delivered, capturing a market share of 12% of all plug-in cars sold globally in 2018, followed by BYD Auto with 227,152 plug-in passenger cars delivered.
Facebook ranked No. 76 in the 2018 Fortune 500 list of the largest United States corporations by revenue. Most comes from advertising. One analysis of 2017 data determined that the company earned US$20.21 per user from advertising.
In January 2018, Page publicly announced his marriage to dancer and choreographer Emma Portner. The couple met after Page noticed Portner on Instagram. Emma Portner is a Canadian professional dancer and choreographer. Portner was born in Ottawa, Ontario, and began dancing when she was three years old. She started dancing at a competitive studio in Ottawa before spending her summers with The National Ballet of Canada.
The appeal was heard by the Massachusetts Supreme Judicial Court in November 2018, a year after Hernandez's death, by six justices. The attorney representing the Lloyd family, Thomas M. Quinn, III, argued that Hernandez was rightfully convicted of Lloyd's murder and that the conviction was unfairly wiped out. Quinn also argued that Hernandez killed himself knowing of the technicality that would get his conviction thrown out, and that, "He should not be able to accomplish in death, what he never would have been able to do in life." On March 13, 2019, the Supreme Judicial Court reinstated Hernandez's conviction but stated that the trial record would note that his conviction was "neither affirmed nor reversed"; the appeal was rendered moot because Hernandez died while the case was on appeal. The Court, in their ruling, also officially ended the practice of abatement ab initio, ruling that it was outdated, never made sense, and that it was "no longer consonant with the circumstances of contemporary life, if, in fact, it ever was." After the ruling, Hernandez's estate vowed to appeal the ruling further.
On January 11, 2018, Facebook announced that it would change the News Feed to prioritize friends/family content and de-emphasize content from media companies.
According to a 2018 report from the National Retail Federation, 30 million Americans will spend an estimated $480 million on Halloween costumes for their pets in 2018. This is up from an estimated $200 million in 2010. The most popular costumes for pets are the pumpkin, followed by the hot dog, and the bumble bee in third place.
On January 22, 2018, the company crossed $100 billion in market capitalization, becoming the largest digital media and entertainment company in the world, bigger than every traditional media company except for AT&T, Comcast and Disney and the 59th largest publicly traded company in the US S&P 500 Index.
Journalist Jonathan Greenberg reported in April 2018 that Trump, using a pseudonym "John Barron", called him in 1984 to falsely assert that he owned "in excess of ninety percent" of the Trump family's business, in an effort to secure a higher ranking on the Forbes 400 list of wealthy Americans. Greenberg also wrote that Forbes had vastly overestimated Trump's wealth and wrongly included him on the Forbes 400 rankings of 1982, 1983, and 1984.
Bitcoin prices were negatively affected by several hacks or thefts from cryptocurrency exchanges, including thefts from Coincheck in January 2018, Coinrail and Bithumb in June, and Bancor in July. For the first six months of 2018, $761 million worth of cryptocurrencies was reported stolen from exchanges. Bitcoin's price was affected even though other cryptocurrencies were stolen at Coinrail and Bancor as investors worried about the security of cryptocurrency exchanges.
On February 14, 2018, a gunman opened fire with a semi-automatic rifle at Marjory Stoneman Douglas High School in Parkland, Florida, killing 17 people and injuring 17 others. Witnesses identified Nikolas Cruz, a 19-year-old former student at the school, as the assailant. Cruz fled the scene on foot by blending with other students. He was arrested without incident about an hour later in nearby Coral Springs.
Pearl Fernandez plead guilty on February 15, 2018 to her charge as part of a plea deal to avoid the death penalty, and was sentenced to life imprisonment without the possibility of parole.
In February 2018, Eilish embarked on the Where's My Mind Tour, which concluded in April 2018. For Record Store Day 2018, Eilish released a 7" vinyl featuring an acoustic version of her song "Party Favor" and an acoustic cover of Drake's "Hotline Bling".
In February 2018, Pelosi sent a letter to Speaker Ryan accusing Republicans with having waged a "cover-up campaign" to protect Trump and cited last minute changes to the memo after a vote for its release as dangerous and violating House rules, saying, "House Republicans' pattern of obstruction and cover-up to hide the truth about the Trump-Russia scandal represents a threat to our intelligence and our national security. The GOP has led a partisan effort to distort intelligence and discredit the U.S. law enforcement and intelligence communities." She charged House Intelligence Committee Chairman Devin Nunes with partaking in "deliberately dishonest actions" and called for his immediate removal from his position.
On March 1, 2018, the company announced that it would shut down its 250 standalone Best Buy Mobile stores in the United States by the end of May, due to low revenue and high costs. The Best Buy Mobile stores were reported to account for 1% of the company's revenue.
The initial Oculus headsets, produced under the "Oculus Rift" brand, are traditional VR headsets that require a PC to operate. In 2018, Facebook CEO Mark Zuckerberg stated that the original Oculus Rift "CV1", Oculus Go (a lower-end standalone headset released in 2017), and first-generation Quest were the company's first generation of products, and expected new iterations of the three to be developed for a second generation of the company's technology.
In a company public announcement on March 15, 2018, Parker said Trevor Edwards, a top Nike executive who was seen as a potential successor to the chief executive, was relinquishing his position as Nike's brand president and would retire in August.
On March 26, the Federal Trade Commission opened an investigation into the matter. The controversy led Facebook to end its partnerships with data brokers who aid advertisers in targeting users.
On April 10 and April 11, 2018, Zuckerberg began testifying before the United States Senate Committee on Commerce, Science, and Transportation regarding the usage of personal data by Facebook in relation to the Facebook–Cambridge Analytica data breach.
In April 2018, Branson announced the acquisition of the Las Vegas-based Hard Rock Casino-Hotel with plans to re-brand the property under his Virgin Hotels business. Virgin Hotels Las Vegas opened on March 25, 2021.
After Huffman rejoined Reddit as CEO, he launched Reddit's iOS and Android apps, fixed Reddit's mobile website and created A/B testing infrastructure. The company launched a major redesign of its website in April 2018.
DC Universe is a video on demand service operated by DC Entertainment. It was announced in April 2017, with the title and service formally announced in May 2018. DC Universe is expected to offer more than video content through the inclusion of an immersive experience with fan interaction that encompasses comics in addition to television.
On May 1, 2018, it was announced that Chairman Robert Keegan and CEO Jeff Jacobson and four other directors would resign as part of a deal with investors Carl Icahn and Darwin Deason, who had mounted a proxy fight to oppose the Fujifilm deal. On May 4, Xerox backed away from the deal after stipulations about ceasing litigation were not met.
On May 17, 2018, YouTube announced the re-branding of YouTube Red as YouTube Premium (accompanied by a major expansion of the service into Canada and 13 European markets), as well as the upcoming launch of a separate YouTube Music subscription.
A school shooting occurred at Santa Fe High School in Santa Fe, Texas, United States, in the Houston metropolitan area, on May 18, 2018. Ten people – eight students and two teachers – were fatally shot, and thirteen others were wounded. The suspected shooter was taken into custody and later identified by police as Dimitrios Pagourtzis, a 17-year-old student at the school.
In May 2018, after the White House invited two Republicans and no Democrats to a briefing by Department of Justice officials on an FBI informant who had made contact with the Trump campaign, Pelosi and Senate minority leader Schumer sent a letter to Deputy Attorney General Rod Rosenstein and FBI director Wray calling for "a bipartisan Gang of Eight briefing that involves congressional leadership from both chambers".
Aguirre was charged with first degree murder with special circumstances of torture for murdering Gabriel Fernandez. He pleaded not guilty; however, the jury found him guilty and recommended he be sentenced to death, which was accepted by Superior Court Judge George G. Lomeli. Aguirre was admitted to San Quentin State Prison on June 13, 2018, where he is currently awaiting execution.
Currently, Pearl Fernandez is serving a life sentence without the possibility of parole for first degree murder with special circumstances of torture at Central California Women's Facility. Pearl was admitted to the facility on June 21, 2018.
On July 2, 2018, Best Buy announced it was cutting the amount of store space devoted to selling physical music, citing the popularity of streaming services as having reduced sales.
Recognition of Juneteenth varies across the United States. It is not officially recognized by the federal government, although the Senate unanimously passed a simple resolution in 2018 in honor of the day, and legislation has been introduced in Congress several times to make it either a "national day of observance" (akin to Flag Day or Patriot Day) or a full-scale federal holiday.
On July 11, 2018, news outlets reported that during a conference call with Papa Johns' marketing agency Laundry Services, Schnatter had used the word "nigger" by saying "Colonel Sanders called blacks niggers and Sanders never faced public backlash." Schnatter alleged that referencing the quote by the KFC founder was meant to convey his dislike for racism. After the call, the owner of the marketing agency moved to end their contract with Papa John's. Schnatter resigned as chairman of the board on the same day the incident was reported.
On July 26, 2018, John Schnatter filed a lawsuit against Papa John's Pizza to give him access to the company's books and records after they fired him from the company after the teleconference call scandal. He describes the company's procedures as an "unexplained and heavy-handed way" to cut ties between him and the company that he founded. In addition to preventing him from accessing information, the corporation has also implemented a poison pill strategy in order to limit Schnatter's chances of buying back a majority stake in the company.
On July 26, Facebook became the first company to lose over $100 billion worth of market capitalization in one day, dropping from nearly $630 billion to $510 billion after disappointing sales reports.
Facebook announced in August 2018 they had entered negotiations to lease the entire Burlingame Point campus in Burlingame, California, then under construction. The lease was executed in late 2018, and the site, owned by Kylli, a subsidiary of Genzon Investment Group, was expected to be complete by 2020. Oculus was expected to move to Burlingame Point when development is complete.
According to an August 8, 2018 story in Bloomberg Businessweek, Amazon has about a 5 percent share of US retail spending (excluding cars and car parts and visits to restaurants and bars), and a 43.5 share of American online spending in 2018. The forecast is for Amazon to own 49 percent of the total American online spending in 2018, with two-thirds of Amazon's revenue coming from the US.
In August 2018, the National Defense Authorization Act for Fiscal Year 2019 (NDAA 2019) was signed into law, containing a provision that banned Huawei and ZTE equipment from being used by the U.S. federal government, citing security concerns.
On August 21, 2018, former Trump campaign chairman Paul Manafort was convicted on eight felony counts of false tax filing and bank fraud. Trump said he felt very badly for Manafort and praised him for resisting the pressure to make a deal with prosecutors, saying "Such respect for a brave man!" According to Rudy Giuliani, Trump's personal attorney, Trump had sought advice about pardoning Manafort but was counseled against it.
On 22 August 2018 an arrest warrant was issued by the U.S. District Court for the Eastern District of New York. Meng (Huawei vice-chairwoman and CFO) was charged with "conspiracy to defraud multiple international institutions", according to the prosecutor.
In August 2018, Pelosi called for the resignation of Duncan D. Hunter after his indictment on charges of misusing at least $250,000 in campaign funds, saying the charges were "evidence of the rampant culture of corruption among Republicans in Washington today".
On August 27, 2018, Netflix signed a five-year exclusive overall deal with international best–selling author Harlan Coben. Under the multi-million pact, Netflix will work with Coben to develop 14 existing titles and future projects. On the same day, the company inked an overall deal with Gravity Falls creator Alex Hirsch.
In September 2018, Nike announced it had signed former American football quarterback Colin Kaepernick, noted for his controversial decision to kneel during the playing of the US national anthem, to a long-term advertising campaign.
In September 2018, Musk was sued by the U.S. Securities and Exchange Commission (SEC) for a tweet claiming that funding had been secured for potentially taking Tesla private. The lawsuit claimed that verbal discussions Musk held with foreign investors in July 2018 did not confirm key deal terms and thus characterized the tweet as false, misleading, and damaging to investors, and sought to bar Musk from serving as CEO on publicly traded companies. Musk called the allegations unjustified and that he had never compromised his integrity.
In September 2018, YouTube began to phase out the separate YouTube Gaming website and app and introduced a new Gaming portal within the main service. YouTube staff argued that the separate platform was causing confusion and that the integration would allow the features developed for the service (including game-based portals and enhanced discoverability of gaming-related videos and live streaming) to reach a broader audience through the main YouTube website.
On September 19, Facebook announced that, for news distribution outside the United States, it would work with U.S. funded democracy promotion organizations, International Republican Institute and the National Democratic Institute, which are loosely affiliated with the Republican and Democratic parties.
On September 26, 2018, Facebook unveiled Oculus Quest. It was originally unveiled as a higher-end counterpart to the Oculus Go, and part of a goal to reach one billion VR users. Similar to Oculus Go, it uses embedded mobile hardware running an Android-based operating system, including a Snapdragon 835 system-on-chip, and 64 or 128 GB of internal storage. The Quest uses OLED displays with a resolution of 1600x1440 per eye and running at 72 Hz. It supports Oculus Touch controllers via an "inside-out" motion tracking system known as "Oculus insight", which consists of a series of cameras embedded in the headset. The controllers were redesigned to properly function with Insight. It supports games and applications downloaded via Oculus Store, with ported launch titles such as Beat Saber and Robo Recall. It also supports cross-platform multiplayer and cross-buys between PC and Quest. Facebook stated that they would impose stricter content and quality standards for software distributed for Quest than its other platforms, including requiring developers to undergo a pre-screening of their concepts to demonstrate "quality and probable market success".
In September 2018, an anonymous party discovered and reported an invalid-block denial-of-server vulnerability to developers of Bitcoin Core, Bitcoin ABC, and Bitcoin Unlimited. Further analysis by bitcoin developers showed the issue could also allow the creation of blocks violating the 21 million coin limit and CVE-2018-17144 was assigned and the issue resolved.
Amazon announced to debut the Amazon 4-star in New York, Soho neighborhood Spring Street between Crosby and Lafayette on 27 September 2018. The store carries the 4-star and above rated products from around New York.
On September 28, 2018, Facebook experienced a major breach in its security, exposing the data of 50 million users. The data breach started in July 2017 and was discovered on September 16.Facebook notified users affected by the exploit and logged them out of their accounts.
Two days calling the allegations unjustified, Musk settled with the SEC, without admitting or denying the SEC's allegations. As a result, Musk and Tesla were fined $20 million each, and Musk was forced to step down temporarily as Tesla chairman while remaining Tesla's CEO.
On 4 October 2018, Musk issued a sarcastic tweet, describing the SEC agency as the "Shortseller Enrichment Commission", despite having agreed to settlement terms a week earlier that his company, Tesla, would monitor his tweets and other communications.