Amazon Video Direct vs YouTube
The battle of internet giants refreshes once
again as Amazon releases its own YouTube like service Amazon Video Direct.
Amazon will let people post videos on its website and earn money through
advertising, and royalties, very similar to Google’s own Youtube. Whole Amazon
already offers movies and television shows that compete with Netflix, it is
obvious Amazon sees video as a way to attract new customers and retain existing
ones. The new Amazon service gives video
producers many ways to get paid. They can sell or rent their programs on
Amazon, or make videos available to all Amazon customers (not just Prime
subscribers) in an advertising-supported format. Another option: Provide videos
to Amazon Prime members and get royalty payments based on how many times the
content is streamed, or as part of an add-on subscription.
Facebook Is In Trouble
The Senate Commerce
Committee has sent a letter to Mark Zuckerberg asking him to answer some
question regarding Facebook’s Trending Topics feature. Trending Topics displays
daily trending news and headlines, next to the main news feed. Facebook faces
allegations that the social media giant was suppressing conservative media on
its social platforms, while Facebook denies these allegations, it seems like
the government wants some answers.
LendingClub CEO Fired
On Monday Renaud Laplanche
who was the founder of fintech company LendingClub that upend the finance
industry by connecting borrowers directly with investors, was ousted from his
firm after the board said it found problems with its lending practices, as well
as the executive’s lack of disclosure surrounding his personal investments. A
board review found that the company sold an investor $22 million in loans whose
characteristics violated the investor’s “express instructions.” The board found
that some people at the company knew the loans didn’t meet the investor’s
criteria and that the application date on $3 million of those loans had been
altered to make them comply.
No comments:
Post a Comment