The reason the US economy is so robust and agile is the faster you fire people, the quicker you can hire them. And I hate to admit it, but you know who's given them cloud cover for all of this? That's his biggest impact on the business ecosystem. Amazon Prime membership has gone down, Amazon's disputing it. It's spent big on prime time video offerings like Thursday football and the new Lord of the Rings. Netflix earnings are coming out after record.
Kara and Scott discuss Microsoft layoffs, cryptocurrency’s surprising recovery, and Jacinda Ardern’s resignation. Plus, someone bought a Twitter bird statue for $100k, and it wasn’t Kara. Friend of Pivot Zoë Schiffer (@zoeschiffer) joins to discuss all of her recent Twitter reporting, including the work that went in to this week’s major New York Magazine story, which you can read here.
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