Jassy Cracks Down on Studio Spending, Plus A New Potential Cloud Restriction 7/5/23
TechCheck
English - July 05, 2023 18:36 - 5 minutes - 4.98 MB - ★★★★★ - 51 ratingsTechnology Business Investing disruptors cnbc faang tech technology Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: AI Startups Drive Dealmaking Rebound 7/3/23
Amazon CEO Andy Jassy’s tenure has been characterized by greater fiscal discipline, and now he’s reportedly looking to streaming as a way to cut costs – taking a hard look at the finances of producing pricey original like “Rings of Power” and “Citadel” despite mixed ratings. Plus, Chinese companies have been exploiting loopholes in the U.S. export ban on chips – including by renting access to high-end chips and their compute power through cloud companies like Amazon’s AWS and Microsoft’s Azure. A new Biden administration restriction could curb that.