Amazon
Amazon CEO expresses optimism about the future of cryptocurrencies and NFTs
Speaking during an interview with CNBC after releasing his first shareholder letter as the new CEO of Amazon, Andy Jassy said that while he does not own any cryptocurrencies or nonfungible tokens, or NFTs, he is optimistic about the outlook of the industry. Jassy stated: “We’re not probably close to adding crypto as a payment mechanism in our retail business, but I do believe over time that you’ll see crypto become bigger. I expect that NFTs will continue to grow very significantly.” Specifically, regarding the sale of NFTs by Amazon, Jassy claimed that “it’s possible down the road on the platform.” Last November, Cointelegraph reported that Amazon was hiring a Financial Services Specialist who “understands the overall cryptocurrency an...
New Content Rules Target Firms & Creators in Kenya
Image sourced from Pixabay Broadcasters, content creators, and online streaming service platforms in Kenya will start classifying content under new regulations meant to keep up with increased production. According to Business Daily, commercial TVs and radios will review 70 percent of the content aired for age appropriateness to show if it’s good for watching from a certain age, with the Kenya Film and Classification Board (KFCB) reviewing the other 30 percent. This will target pre-recorded shows like movies, advertisements, and telenovelas. Netflix, Showmax, and Amazon will also review 70 percent of their movies and add KFCB’s age-appropriate symbols. “Classification of one-day content can take one week and we are not able to keep up. So the involvement of the industry is to ensure complia...
SA Court Blocks Construction of Amazon Africa Headquarters
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent.
Amazon Closes $8.5 Billion Deal to Acquire MGM
Amazon has officially brought yet another company under its wing. Jeff Bezos’ empire announced today that it has closed its $8.5 billion acquisition of MGM. The deal, which was first announced back in May 2021, adds more than 4,000 movies and 17,000 TV shows to Amazon’s Prime Video catalog. This merger means that giant franchises like the James Bond series, as well as Silence of the Lambs, Rocky, and The Hobbit, now belong to Amazon. The company now owns the rights to some storied TV classics, such as The Apprentice and the fabled racist Donald Trump tapes. With their ownership of MGM’s studios now in effect, Amazon plans to use the acquisition to boost Prime Video and Amazon Studios’ growing catalog of new originals. Advertisement Related Video “The storied, nearly century-old studio — wi...
Amazon Launches Beta Version Of Amp, Focuses On Live DJ Shows & Convos
HipHopWired Featured Video Source: Amazon / Amazon Amazon is in the early stages of rolling out a new app that will grant users opportunities to use its vast music library to DJ live shows and also host group conversations. The service, Amp, is currently in beta testing mode, and some big names in entertainment will join the space during its initial run. Variety reports that Amp is now available for the Apple app store beginning Tuesday (March 8), and will give users immediate and legal access to millions of tracks from the catalogs of Universal Music Group, Sony Music Entertainment, and Warner Music Group, allowing these fledgling DJs to hold conversations with other listeners. From Variety: Related Stories “Radio has always been about music and culture,” said John Ciancutti, vice preside...
The Weeknd’s ‘Dawn FM Experience’ Music Special Is Heading to Amazon: Watch the Teaser
A music special expanding on The Weekend‘s Dawn FM album is heading to Amazon. The digital giant announced on Monday (Feb. 21) that the R&B superstar’s upcoming television special, titled The Weeknd x The Dawn FM Experience, will premiere exclusively through Prime Video on Saturday (Feb. 26). “I’m ecstatic to partner with Amazon to premiere the most elaborate live TV special I’ve ever done,” The Weeknd, whose real name is Abel Tesfaye, said in a statement. “Welcome to the next phase of Dawn FM — a purgatory otherworld where live performance, theater, and performance art collide for a night out at the club.” Explore Explore The Weeknd See latest videos, charts and news See latest videos, charts and news A teaser video for the Micah Bickham-directed Dawn FM Experience shows a much older-...
Ethereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% rebound
Ethereum’s native token Ether (ETH) looks poised to hit $3,500 in the coming sessions as it reclaimed a historically strong support level on Feb. 5. Ethereum price back above key trendline ETH price rising above its 50-week exponential moving average (50-week EMA; the red wave in the chart below) means the price also inched above $3,000, a psychological support level that may serve as the ground for Ether’s next leg up. ETH/USD weekly price chart. Source: TradingView The 50-week EMA was instrumental in maintaining Ether’s bullish bias across 2020 and 2021. For instance, it served as a strong accumulation zone during the market correction in the second and third quarters last year, pushing ETH price from around $1,700 to as high as $4,951 (data from Binance). As a result, ...
Bitcoin surges toward $39K as stocks volatility keeps Wall Street on edge
Bitcoin (BTC) kept investors guessing with tech stocks as Wall Street opened on Feb. 4, circling $38,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks continue volatility Data from Cointelegraph Markets Pro and TradingView followed a ranging overnight period for BTC/USD, bulls hoping for clearer validation of recent gains. After 15% daily gains the day before, Amazon (AMZN) continued its uptrend on Feb. 4, jumping 10% at the open, while embattled Meta (FB) dipped further. In what has become an increasing focus of attention among analysts, curiously volatile tech stocks thus showed few signs of steadying at the opening bell. Bitcoin, after losing $800 in the hour beforehand, thus recouped all of those losses and more, underscoring its positive stocks correlation. ...
Working From Home? Here Are 6 Items to Upgrade Your Office Space
All products and services featured are independently chosen by editors. However, Billboard may receive a commission on orders placed through its retail links, and the retailer may receive certain auditable data for accounting purposes. Working from home went from a temporary result of the pandemic to a way of life. While there’s no surefire method of knowing how long it will take for employees to permanently return to the office and students to get back in classrooms, working or distance learning from home comes with its own set of perks and challenges. To streamline the process for you, we put together a list of work-from-home essentials that will upgrade your workspace and (hopefully) make your life a tiny bit easier. See our picks below. Ergonomic Chair Provided that you already have a ...
Cord Cutting? Here Are the Best Streaming Options for Live TV
All products and services featured are independently chosen by editors. However, Billboard may receive a commission on orders placed through its retail links, and the retailer may receive certain auditable data for accounting purposes. Thinking about switching from cable to a streaming platform? Cutting the cord is a lot easier than you might think and can save you more on your monthly bill than certain basic cable plans. For TV lovers who want to make the leap to streaming, we’re breaking down some of the best platforms for live TV. Check below for a roundup of streaming options that range from $25 a month up to $150 a month. The services recommended below offer month-to-month subscription plans that can be canceled at any time. Best Streaming Services for Live TV: From Fubo to Peacock Th...
Billionaire investor Bill Miller puts 50% of net worth in Bitcoin
Investor Bill Miller is bullish on Bitcoin (BTC) despite the cryptocurrency touching multi-month lows below $40,000 in early January 2022. Miller no longer considers himself just a “Bitcoin observer” but rather a real Bitcoin bull, as he said in a WealthTrack interview last Friday. The billionaire investor now holds 50% of his net worth in Bitcoin and related investments in major industry firms like Michael Saylor’s MicroStrategy and BTC mining firm Stronghold Digital Mining. An early Amazon investor, Miller owns almost 100% of the rest of his portfolio in Amazon, he noted. Miller bought his first Bitcoin back in 2014 when BTC was trading around $200 and then purchased a “little bit more overtime” when it became $500. The investor did not buy it for years until BTC plummeted to $30,000 aft...
