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Amazon Lays Off Hundreds in Prime Video, Studios

Bloomberg’s Matt Day explains why Amazon is laying off employees in its Prime Video and studios business, as streaming businesses across the board are downsizing. He speaks with Caroline Hyde on Bloomberg Technology. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and…

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Bloomberg’s Matt Day explains why Amazon is laying off employees in its Prime Video and studios business, as streaming businesses across the board are downsizing. He speaks with Caroline Hyde on Bloomberg Technology.
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7 Comments

7 Comments

  1. @Sect10n31

    January 10, 2024 at 4:28 pm

    Blah Blah Blah… In Other Words… GO WOKE, GO BROKE.

    • @brooklynknite

      January 10, 2024 at 5:33 pm

      No, it cost too much. And, their is too many streaming platforms now. P.s. I can’t keep up.

    • @Sect10n31

      January 10, 2024 at 6:28 pm

      @@brooklynknite Bullshit. Amazon Video is packaged with everyone who already subscribes to Amazon Prime.

    • @brooklynknite

      January 10, 2024 at 7:44 pm

      @@Sect10n31 package, you just proved not point. You still have to pay for it.

  2. @jazilzaim

    January 10, 2024 at 5:41 pm

    The thing about video is that it has everything good. Better engagement and better retention. The huge issue with video and livestreaming is that it doesn’t make a lot of money at all compared to photos, text posts, etc. So it isn’t as much of a surprise to see that Twitch isn’t exactly profitable. Even Meta had to incur costs with their Reels rollout and Tik Tok is still not as profitable yet either.

  3. @IbnBahtuta

    January 10, 2024 at 6:47 pm

    I think their “golden age” is over.

  4. @mopthermopther

    January 10, 2024 at 7:36 pm

    They offered very little

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Bloomberg Technology

Tech Leaders Approach Trump, Intel Seeks Altera Buyers | Bloomberg Technology

Bloomberg’s Caroline Hyde breaks down how President-elect Donald Trump and Elon Musk wield their political power as the government works to avoid shutting down. Plus, the Big Tech leader merry-go-round at Mar-a-Lago continues with Jeff Bezos the latest to try and influence Trump’s policies and decisions. And, private equity firms are competing for Intel’s programmable…

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Bloomberg’s Caroline Hyde breaks down how President-elect Donald Trump and Elon Musk wield their political power as the government works to avoid shutting down. Plus, the Big Tech leader merry-go-round at Mar-a-Lago continues with Jeff Bezos the latest to try and influence Trump’s policies and decisions. And, private equity firms are competing for Intel’s programmable chip arm Altera.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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The Rise of Agentic AI

Creatio CEO and Founder Katherine Kostereva joins Caroline Hyde to discuss the rise of AI agents taking front-line interactions from customer service to sales, and to give her outlook for the space in 2025. She speaks on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes…

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Creatio CEO and Founder Katherine Kostereva joins Caroline Hyde to discuss the rise of AI agents taking front-line interactions from customer service to sales, and to give her outlook for the space in 2025. She speaks on “Bloomberg Technology.”
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Bitcoin Slumps: Trump Euphoria Gives Way to Fed Wariness

Bitwise Asset Management CIO Matt Hougan tells Caroline Hyde why he believes the latest weakness in crypto and Bitcoin over the last few days is a “healthy pullback” which does not take away from the asset class’s overall great run this year. He speaks on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on…

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Bitwise Asset Management CIO Matt Hougan tells Caroline Hyde why he believes the latest weakness in crypto and Bitcoin over the last few days is a “healthy pullback” which does not take away from the asset class’s overall great run this year. He speaks on “Bloomberg Technology.”
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