The stunning withdrawal that would have brought 25,000 jobs to the city was a serious blow to Gov. Andrew Cuomo and Mayor Bill de Blasio, who had lobbied intensely to land the project, competing against more than 200 other metropolitan areas across the continent that were practically tripping over each other to offer incentives to Amazon in a fierce bidding war it openly stoked.
Former Reuters executive editor of digital Dan Colarusso is tapped to be the cable news channel’s new senior vice president of business news. Colarusso will report directly to CNBC Chairman Mark Hoffman, and will be working closely with svp and executive editor of CNBC digitalJay Yarow, as well as CNBC SVP of international news and programmingJohn Casey.
Subscription video on demand (SVoD) is projected to pull even with broadcast TV globally in hours viewing per day by 2023, according to a new report from Rethink Technology Research, with Netflix getting a big chunk of that influx.
Google’s massive footprint is only getting bigger in 2019. CEO Sundar Pichai said in a blog post on Wednesday that the company is building new data centers and offices and expanding several key locations across the U.S., spending $13 billion this year.
Apple is targeting April to debut a new streaming product that will include original content free for Apple device owners and a platform to subscribe to other digital media services. HBO hasn’t signed on to the service due to a disagreement over revenue sharing with Apple. Netflix and Hulu aren’t expected to be a part of the “Channels” service.
The digital veteran who has worked at Tribune, Tegna and Amazon, among others, will report to the group’s sales president, Jim Burke.
Georgia lawmakers, coaxed by dozens of lobbyists swarming the state Capitol, are pushing for a tax on digital video, books, music and video games.
Amazon’s acquisition of the mesh WiFi router startup Eero marks yet another effort by the retail giant to integrate its products and services into the home. The deal also indicates that it’s getting even more difficult to purchase or use technology that isn’t run by the “big five” tech companies: Google, Amazon, Apple, Microsoft and Facebook.
A reporter for the site estimates the effort has the support of “90%” of eligible employees. The BuzzFeed founder Jonah Peretti has spoken against the idea.