*By Christian Smith*
A recent report claiming that kids shouldn't have more than two hours of daily screen time has sparked a debate among parents and scientists, but the man in charge of Amazon's family and kids division thinks the debate is more nuanced than the study may suggest.
"All screen time is not created equal," Kurt Beidler, general manager of kids and family at Amazon ($AMZN), told Cheddar. "There's lots of wonderful things kids can do online, and we try to bring those experiences to kids."
The study published in [The Lancet](https://www.thelancet.com/journals/lanchi/article/PIIS2352-4642(18)30278-5/fulltext) found a correlation between screen time and mental cognition. However, it didn't prove that increasing screen time decreased mental capacity.
To help parents monitor their child’s activity online, Amazon developed FreeTime ー a suite of parental controls for screen time, content prioritization, and data security.
The software launched in 2012 and enables kids to safely surf the web on devices like the children's edition of the Fire tablet, which includes over 20,000 e-books, videos, apps, and games tailor-made for a younger set.
Many parents are concerned with giving their kids access to an unfettered internet ー especially given the recent data hacks on platforms like Facebook ($FB) ー so Amazon built in a data security safeguard.
"Kids can do whatever they want in FreeTime Unlimited, and to the extent parents aren't comfortable with them doing that, they can see what the kids are doing, and they can delete that data if that's not something that they're comfortable with," Beidler said.
For full interview [click here](https://cheddar.com/videos/how-amazon-is-helping-parents-monitor-their-kids-activity-online).
Aidan McClean, co-founder and CEO of UFODRIVE, joined Cheddar News to discuss how his company plans to shake up the car rental market with a digital experience. "There are no lines, there are no paperwork, there is no key collection ... no pushy insurance or pushy fuel options," he said. "You simply arrive for your electric car, use your smartphone and drive away."
Nearly half of Americans report having to side hustle to make ends meet, according to a survey from LendingTree. Jane Oates, president of WorkingNation, joined Cheddar News to discuss the state of play as families are having a difficult time with inflation and high-interest rates.
Melissa Armo, founder and owner of The Stock Swoosh, joined Cheddar News to discuss this week's markets which were little changed in trading as investors digested the latest corporate earnings results as concerns over a coming recession grow.
Peter Krull, a partner and director of sustainable investing at Prime Capital Investment Advisors company Earth Equity Advisors, joined Cheddar News to give some tips on green investments.
Investment in space was down 53% over the first three months of the year, according to a report from investment fund Space Capital. Chad Anderson, founder and managing partners of Space Capital, joined Cheddar News to discuss the funding downturn that's hit the lowest level in 14 quarters for the space industry.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.