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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

Nvidia’s Magic Fades | Bloomberg Technology

Bloomberg’s Caroline Hyde discusses the latest sentiment around Nvidia as investors cool on the AI darling despite posting an earnings beat. And, the new Trump administration is said to be mulling a first-ever crypto policy role. Plus, Palo Alto Networks sees easier “fixes” ahead in cybersecurity as the world moves from hardware to software. ——–…

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Bloomberg’s Caroline Hyde discusses the latest sentiment around Nvidia as investors cool on the AI darling despite posting an earnings beat. And, the new Trump administration is said to be mulling a first-ever crypto policy role. Plus, Palo Alto Networks sees easier “fixes” ahead in cybersecurity as the world moves from hardware to software.
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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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Palo Alto CEO Says Regulations May Get Easier Under Trump

Nikesh Arora, CEO of Palo Alto Networks, says M&A could potentially move quicker under the new Trump administration as they take on a more deregulatory tone. He joins Caroline Hyde to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with…

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Nikesh Arora, CEO of Palo Alto Networks, says M&A could potentially move quicker under the new Trump administration as they take on a more deregulatory tone. He joins Caroline Hyde to discuss on “Bloomberg Technology.”
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JPM Rolls Out AI Assistant for Workers

JPMorgan Chase Chief Data and Analytics Officer Teresa Heitsenrether talks about how the company is using an artificial intelligence assistant called LLM Suite. She speaks to Bloomberg’s Caroline Hyde at the Evident AI Symposium in New York. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg…

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JPMorgan Chase Chief Data and Analytics Officer Teresa Heitsenrether talks about how the company is using an artificial intelligence assistant called LLM Suite. She speaks to Bloomberg’s Caroline Hyde at the Evident AI Symposium in New York.
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