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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

Applied Materials’ Results, OpenAI-Reddit Partnership | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow break down Applied Materials’ earnings, which failed to impress investors. Plus, OpenAI and Reddit announce a partnership to bring its content to ChatGPT and other products, and CoreWeave secures nearly $8 billion in private debt. ——– “Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and…

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Bloomberg’s Caroline Hyde and Ed Ludlow break down Applied Materials’ earnings, which failed to impress investors. Plus, OpenAI and Reddit announce a partnership to bring its content to ChatGPT and other products, and CoreWeave secures nearly $8 billion in private debt.
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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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Bloomberg Technology

Reddit Forges Pact With OpenAI on Content for ChatGPT

Reddit forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social media company add new artificial intelligence features to its forums. Bloomberg’s Shirin Ghaffary joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:…

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Reddit forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social media company add new artificial intelligence features to its forums. Bloomberg’s Shirin Ghaffary joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.”
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Applied Materials Forecast Fails to Impress After Rally

Applied Materials, the largest US maker of chipmaking machinery, failed to impress investors with its latest forecast following a rally in the shares this year. Advisors Capital Management Partner & Portfolio Manager JoAnne Feeney joins Ed Ludlow and Caroline Hyde to discuss the results and the future of the broader chip industry on “Bloomberg Technology.”…

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Applied Materials, the largest US maker of chipmaking machinery, failed to impress investors with its latest forecast following a rally in the shares this year. Advisors Capital Management Partner & Portfolio Manager JoAnne Feeney joins Ed Ludlow and Caroline Hyde to discuss the results and the future of the broader chip industry on “Bloomberg Technology.”
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