Pivot Russia crackdown on social media, Amazon buys MGM, and is 5G worth the hype?
May 28, 2021
The discussion kicks off with Russia's escalating penalties against social media giants like Google and Twitter. Then, they dive into Amazon's monumental $8.45 billion deal to acquire MGM, exploring the future of entertainment and corporate power dynamics. The hosts also tackle the buzzing topic of 5G technology, weighing its anticipated benefits against the hype. Personal anecdotes and humorous insights add a light touch as they navigate these serious discussions.
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Antitrust Lawsuit Against Amazon
- The DC Attorney General is suing Amazon for allegedly abusing its power.
- They require third-party sellers to offer products at the same price as elsewhere, limiting competition.
Amazon's Ad Business
- Amazon's ad business is significantly larger than several other tech companies combined.
- It's growing much faster, highlighting Amazon's market dominance.
Blue Origin Bailout
- Congress may include a $10 billion bailout for Jeff Bezos' Blue Origin in a space travel bill.
- This follows Blue Origin losing a bid to SpaceX, raising concerns about favoritism.