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Amazon Buys MGM In Mega Deal

Video Credit: HuffPost NOW News - Duration: 01:27s - Published
Amazon Buys MGM In Mega Deal

Amazon Buys MGM In Mega Deal

Amazon has struck a deal to acquire MGM for $8.5 billion, the company’s second-biggest purchase ever.


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Amazon (company) Amazon (company) American multinational technology company

Google Fires More Staffers Following Protests Over $1.2 Billion Israel Deal [Video]

Google Fires More Staffers Following Protests Over $1.2 Billion Israel Deal

Google Fires More Staffers , Following Protests Over , $1.2 Billion Israel Deal. Google Fires More Staffers , Following Protests Over , $1.2 Billion Israel Deal. 'The Independent' reports that Google has fired at least 20 more workers following protests over the company supplying Israel with technology amid the Gaza war. 'The Independent' reports that Google has fired at least 20 more workers following protests over the company supplying Israel with technology amid the Gaza war. A group representing the fired workers said the total number of staff terminated for protesting is now over 50. . Internal turmoil at the tech giant revolves around 'Project Nimbus,' a 2021 contract for both Google and Amazon to provide the Israeli government with technology. . Internal turmoil at the tech giant revolves around 'Project Nimbus,' a 2021 contract for both Google and Amazon to provide the Israeli government with technology. . The $1.2 billion contract includes cloud computing and artificial intelligence services. . The $1.2 billion contract includes cloud computing and artificial intelligence services. . Last week, workers held sit-in protests at Google's offices in both New York and Sunnyvale, California. The protests were organized by the group No Tech For Apartheid, who said that 30 workers were fired following the initial sit-in. . According to Jane Chung, a spokeswoman for No Tech For Apartheid, Google has now fired "over 20" more workers, “including non-participating bystanders during last week’s protests.”. Google’s aims are clear: the corporation is attempting to quash dissent, silence its workers, and reassert its power over them, Jane Chung, a spokeswoman for No Tech For Apartheid, via 'The Independent'. In its attempts to do so, Google has decided to unceremoniously, and without due process, upend the livelihoods of over 50 of its own workers, Jane Chung, a spokeswoman for No Tech For Apartheid, via 'The Independent'. In its attempts to do so, Google has decided to unceremoniously, and without due process, upend the livelihoods of over 50 of its own workers, Jane Chung, a spokeswoman for No Tech For Apartheid, via 'The Independent'. Google has disputed the group's claims, stressing that the company carefully found that, “every single one of those whose employment was terminated was personally and definitively involved in disruptive activity inside our buildings.”

Credit: Wibbitz Top Stories    Duration: 01:31Published
Travis Kelce to Host Celebrity Spinoff of 'Are You Smarter Than a 5th Grader?' | THR News Video [Video]

Travis Kelce to Host Celebrity Spinoff of 'Are You Smarter Than a 5th Grader?' | THR News Video

Travis Kelce just landed his first TV job. The Kansas City Chiefs tight end is set to host a spin-off of the Fox game show 'Are You Smarter Than a 5th Grader?' for Amazon's Prime Video. The new show hosted by Kelce is titled 'Are You Smarter Than a Celebrity?' It will see adult contestants answer elementary curriculum questions with the help of a classroom full of famous faces.

Credit: The Hollywood Reporter    Duration: 01:24Published
Reese Witherspoon Working on a 'Legally Blonde' TV Series With Amazon | THR News Video [Video]

Reese Witherspoon Working on a 'Legally Blonde' TV Series With Amazon | THR News Video

It looks like there's a new 'Legally Blonde' TV show in the works…what like it's hard? Reese Witherspoon and her Hello Sunshine banner is teaming up with Amazon to develop a 'Legally Blonde' TV series. 'Gossip Girl' and 'The O.C.' grads Josh Schwartz and Stephanie Savage are attached to write the TV offshoot.

Credit: The Hollywood Reporter    Duration: 01:07Published
Amazon Is Getting Rid of Just Walk Out Technology at Its Fresh Grocery Stores [Video]

Amazon Is Getting Rid of Just Walk Out Technology at Its Fresh Grocery Stores

Amazon Is Getting Rid of , Just Walk Out Technology , at Its Fresh Grocery Stores. The company's Just Walk Out technology allows customers to avoid standing in checkout lines. It works by sending receipts to customers after they've left the store with their items. While customers have said they enjoy the process, . they wish they could view their receipts and savings while they are shopping, according to Amazon spokesperson Carly Golden. As a result, Amazon is revamping its grocery chain to better serve customers. The Just Walk Out technology will be replaced by smart carts that provide spending data in real time, NPR reports. . Most Fresh grocery stores are located in Washington State, California, Illinois and Virginia. . The retailer also operates Amazon Go stores in addition to owning Whole Foods. The retailer also operates Amazon Go stores in addition to owning Whole Foods. Amazon Go stores and smaller Fresh stores in the U.K. will continue to use Just Walk Out technology, NPR reports. Last year, Amazon CEO Andy Jassy said that the company is still trying to figure out how to have a greater impact on physical grocery stores. This revamp, and "selectively" launching new Fresh locations, is part of that process, Golden said

Credit: Wibbitz Top Stories    Duration: 01:31Published
Jon Stewart Says Apple Asked Him Not to Interview FTC Chair Lina Khan on "The Problem" | THR News Video [Video]

Jon Stewart Says Apple Asked Him Not to Interview FTC Chair Lina Khan on "The Problem" | THR News Video

Jon Stewart is saying that Apple asked him not to talk to the Federal Trade Commission Chair Lina Khan on his former Apple show 'The Problem with Jon Stewart.' Khan, who became chair of the FTC in 2021, has made a name for herself for being an outspoken critic of the business practices of Big Tech companies like Amazon and Meta and has been praised by both Democrats and Republicans for her antitrust efforts. Khan was a guest on Monday's episode of Comedy Central's 'The Daily Show,' where Stewart made the revelation.

Credit: The Hollywood Reporter    Duration: 01:47Published

Metro-Goldwyn-Mayer Metro-Goldwyn-Mayer American film and television company

Box Office: Zendaya Dominates the Court With 'Challengers' Making $1.9M in Previews | THR News Video [Video]

Box Office: Zendaya Dominates the Court With 'Challengers' Making $1.9M in Previews | THR News Video

'Challengers' is finally in theaters and we're breaking down how the numbers are serving up at the box office so far. The movie starring Zendaya earned $1.9 million in box office previews for MGM and Amazon Studios. The majority came from Thursday night showings, but there was also a special IMAX sneak peek earlier this week.

Credit: The Hollywood Reporter    Duration: 01:26Published
Crash On Set of New Eddie Murphy, Keke Palmer Film, "Several" Crew Members Injured | THR News Video [Video]

Crash On Set of New Eddie Murphy, Keke Palmer Film, "Several" Crew Members Injured | THR News Video

An accident on the set of an upcoming heist film starring Eddie Murphy and Keke Palmer has injured several crew members. The Hollywood Reporter has confirmed the incident happened on the set of Amazon MGM Studios' upcoming film 'The Pickup' starring Murphy and Palmer, which is shooting in Atlanta, on Saturday. Per an Amazon MGM Studios spokesperson, the accident occurred during a second unit action sequence that had previously been rehearsed. The spokesperson stated, "Unfortunately, the sequence did not go as planned and several members of the crew were injured as a result."

Credit: The Hollywood Reporter    Duration: 01:10Published
Amazon Cuts Hundreds of Cloud Computing Jobs [Video]

Amazon Cuts Hundreds of Cloud Computing Jobs

Amazon Cuts Hundreds , of Cloud Computing Jobs. An Amazon Web Services (AWS) spokesperson issued a statement about the job cuts on April 3, CNBC reports. . We’ve identified a few targeted areas of the organization we need to streamline in order to continue focusing our efforts on the key strategic areas that we believe will deliver maximum impact, AWS spokesperson, via statement. We didn’t make these decisions lightly, and we’re committed to supporting the employees throughout their transition to new roles in and outside of Amazon, AWS spokesperson, via statement. Cuts are being made to the store technology division “as a result of a broader strategic shift in the use of some applications in Amazon’s owned as well as in third-party stores,” the spokesperson said. The layoffs come after Amazon announced that it was ending its Just Walk Out technology in Fresh stores. The cashierless technology is overseen by teams within the AWS unit. . Beginning in 2022, Amazon started its largest layoffs in history by letting go of 27,000 roles company-wide. . So far in 2024, the retail behemoth has cut jobs at Audible, Buy with Prime, Prime Video, MGM Studios and Twitch, CNBC reports. . This latest round of cuts will allow U.S. employees to collect pay and benefits for a minimum of 60 days. They will also be offered a severance package.

Credit: Wibbitz Top Stories    Duration: 01:30Published

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Related videos from verified sources

Amazon to buy MGM Studios for $8.45 billion [Video]

Amazon to buy MGM Studios for $8.45 billion

The tech giant announced the upcoming acquisition on May 26, highlighting its focus on expanding Prime Video and Amazon Studios.

Credit: Cover Video STUDIO     Duration: 00:54Published
Amazon Buys MGM For Nearly $8.5 Billion [Video]

Amazon Buys MGM For Nearly $8.5 Billion

The deal would bring MGM's extensive film and TV catalog to Amazon Prime Video. Suzanne Marques reports.

Credit: CBS2 LA     Duration: 00:30Published
Amazon Buying MGM Studios [Video]

Amazon Buying MGM Studios

The online retail giant announced the purchase of the movie and tv studio Wednesday.

Credit: CBS 2 New York     Duration: 00:26Published