-
Amazon's Audible Braces For 'Storms Ahead': CEO Addresses Layoffs, Rising Spotify Competition
Thursday, January 25, 2024 - 9:23pm | 687In an internal all-hands meeting held on Wednesday, Audible, an Amazon.com Inc (NASDAQ:AMZN) unit, discussed potential future layoffs and the increasing competition from Spotify. This meeting reportedly comes two weeks after Audible reduced its workforce by 5%. What Happened: Audible CEO Bob...
-
Elon Musk Is Tired Of 'Make Money Through Audible' YouTube Ads — But Is He Missing Out On A Lucrative Cash-Making Opportunity?
Tuesday, July 12, 2022 - 10:46am | 568Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has griped about the algorith of YouTube, the video streaming service owned by Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG). What Happened: Musk said YouTube keeps playing him the same annoying scam ads each time he uses it. YouTube keeps playing me...
-
Bye Bye, Spotify! Obamas Sign Deal With Amazon-Owned Audible
Wednesday, June 22, 2022 - 1:54pm | 506Former President Barack Obama and former First Lady Michelle Obama have announced a new home of their audio content. What Happened: The Obama’s media company, Higher Ground, announced an exclusive, multi-year, first-look deal with Audible, the online audiobook and podcast service owned by...
-
Amazon Asks Podcasters To Stream On Its Platforms, But Content Shouldn't 'Disparage' The E-commerce Giant
Tuesday, August 11, 2020 - 3:05am | 646Amazon.com, Inc (NASDAQ: AMZN) is adding third-party podcasts to its Amazon Music and Audible services, the e-commercy company reportedly said in a mass email to content creators and journalists. What Happened The purportedly "confidential" email, sent Monday, revealed that...
-
Not Justified: A Preview Of The 2018 Belmont Stakes
Friday, June 8, 2018 - 3:11pm | 754Does a Super Bowl trophy glow as brightly when the victory is against a second-string defense? What if the seventh game of the World Series was only seven innings long?Unfortunately, we're about to view a Belmont Stakes with a watered down field. Monopolies in the business world are frowned...
-
10 Years Later: A Look Back At The iPhone And Kindle
Sunday, October 22, 2017 - 11:49am | 725Apple Inc. (NASDAQ: AAPL) and Amazon.com, Inc. (NASDAQ: AMZN) are disruptive companies in their own right, having envisioned breakthrough product and services, which have come to redefine the way people use/consume the respective category of product/services. Recently, Apple was in the spotlight...