For Amazon Subscribers’ Eyes Only #121

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Deepnews Digest #121

For Amazon Subscribers’ Eyes Only

Editor: Christopher Brennan
The Everything Store has been everywhere, from Jeff Bezos’s departure as CEO of Amazon to antitrust suits to continued campaigns for better working conditions to the purchase of MGM, the studio behind James Bond and other titles, for more than $8 billion. This week we set our algorithm to pull together stories that touch on Amazon and add something to the conversation, scored with Deepnews quality scores.

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Published every Friday

WSJ ($)

The Siblings Who Control James Bond, Even After Amazon Buys MGM

LOS ANGELES — Jeff Bezos is bringing the world’s most famous secret agent into the Amazon fold. But as in any James Bond film’s third-act reveal, there is a more powerful entity that controls the empire behind the scenes.

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Score: stars image Confidence: 91%

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Bloomberg

Amazon Antitrust Risk Deepens as More State AGs Weigh Action

“I know that there are several other issues that attorneys general like D.C. are looking at with respect to the platforms including Amazon,” he said.

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Score: stars image Confidence: 72%

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The Wrap

What Happens to James Bond Franchise Once Amazon Takes Over MGM?

A streaming giant bought a library with theatrical juggernaut that can be shaken or stirred

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Score: stars image Confidence: 60%

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The New Republic

Amazon Devours MGM in the Latest Merger of the Content Armageddon

The e-commerce giant covets the Hollywood studio’s sweet, sweet cache of intellectual property.

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Score: stars image Confidence: 56%

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Financial Times ($)

EU is too soft on Big Tech, say France, Germany and the Netherlands

Germany and France have complained that the EU is not tough enough on Big Tech and called on regulators to make it harder for the likes of Google and Facebook to pursue killer acquisitions.

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Editor’s Note:

With regulators watching Big Tech’s moves, one particular focus has been “killer acquisitions.” Here our algorithm highlighted FT reporting on unreleased documents. – Christopher Brennan, Editor


Score: stars image Confidence: 55%

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The Independent (UK)

Amazon’s new ‘AmaZen’ booths are a spiritually dark solution for late capitalism

This week, Amazon rolled out a glossy promotional video for its ‘AmaZen’ initiative, phone booth-sized pods where employees can watch a “library of mental health and mindful practices to recharge the internal battery.”

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Score: stars image Confidence: 50%

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Vox EU

Trade unions in America: The times they are a-changin’

The US labour market is producing too few jobs and those it is producing are often low paid and of poor quality. This is exacerbated by the fact that workers do not have the means to fix their problems at work because of a precipitous decline in union membership over the last half century, particularly in the private sector.

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Score: stars image Confidence: 99%

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Variety

Is MGM Film Chief Mike De Luca Primed for Big Amazon Gig?

Michael De Luca may be the big winner from Wednesday’s blockbuster news that Amazon will purchase Metro-Goldwyn-Mayer for $8.45 billion.

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Score: stars image Confidence: 99%

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Euronews

Gig work companies have been slated in new Oxford University ranking

A new report from Oxford University has called for stronger protections for gig workers in the UK as it found many end up earning less than the legal minimum wage. That’s the future critics of “vaccine passports” fear as Americans vaccinated against COVID-19 can safely live more normal lives, now including spending time in most indoors settings without a mask.

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Score: stars image Confidence: 99%

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Reuters

Analysis: Amazon’s Washington critics set to pounce on MGM deal

Amazon’s move to buy the MGM movie and TV studio will provide fuel for the Seattle company’s critics in the nation’s capitol who complain it is already too big and powerful, but experts said the deal poses few classic antitrust concerns.

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Score: stars image Confidence: 99%

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Memphis Commercial Appeal

Walmart and Target are exploring in-house delivery. Here’s what it means for FedEx.

Walmart and Target are exploring opportunities to ship their own products, skipping the last-mile drop off FedEx and UPS have been fulfilling more often during the COVID-19 pandemic.

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NBC News

Bezos’ final shareholder meeting as CEO looks to Amazon’s future

While Jeff Bezos scored some wins at his last shareholder meeting before he steps down as Amazon’s chief executive, he acknowledged the company has plenty of work to do to address issues related to the climate and workplace safety, and emphasized it has more changes ahead.

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Score: stars image Confidence: 99%

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Hollywood Reporter

Amid Film-to-Streaming Shift, Could Blindsiding Talent Become the New Normal?

As WarnerMedia and ViacomCBS court Wall Street with lofty subscriber goals for their direct-to-consumer platforms, directors and stars are often caught off guard.

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Editor’s Note:

An important part of the entertainment industry is of course the talent. Here our algorithm highlighted an article from Hollywood Reporter looking at where directors and actors stand as the currents of streaming shift. – Christopher Brennan, Editor


Score: stars image Confidence: 98%

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Philadelphia Inquirer

Amazon HQ2 pitch can be the playbook for Philadelphia’s post-COVID-19 renaissance

Recently, the dirty little secret about why Philadelphia was passed over in 2018 as the site for Amazon’s $5 billion, 4 million-square foot, 50,000-job second headquarters came to light.

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Score: stars image Confidence: 98%

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Verfassungsblog

Workers vs Algorithms

What can the new Spanish provision on artificial intelligence and employment achieve?

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Score: stars image Confidence: 98%

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The Ringer

After a Year of Upheaval, HBO Max Has Carved Out Its Place

Today is supposed to be a victory lap for HBO Max. To mark the official one-year anniversary of its 2020 launch, the service has unveiled its ultimate flex: the reunion of the cast of Friends, the 10-season sitcom that originally aired on NBC but, under the intricate TV ownership structure laid bare by the streaming era, was produced by Warner Bros. Television and lent out to Netflix before being repatriated to the WarnerMedia empire on a new platform named after a premium cable channel. IP rights are complicated; nostalgia and star power are simple. Just look at that fountain!

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Score: stars image Confidence: 98%

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Overland

The Amazon or the Disney road? The struggle to unionise in the US

Amazon warehouse workers in Alabama lost a ballot for union recognition at the end of March. The unionisation drive in the town of Bessemer, close to the city of Birmingham, has been a cause celebre of the US labour movement because of Amazon’s notorious anti-union practices, the retail union’s push to have its first official presence at any Amazon workplace and the fact it was the first such ballot under the supposedly ‘union-friendly’ Biden Administration.

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Score: stars image Confidence: 97%

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Haaretz

Revealed: Amazon’s secret plans for Israel

Amazon Web Services, the largest cloud service provider in the world, is planning to build data servers in Israel at a cost of billions of shekels. Amazon has been planning to launch activity in Israel for a long time, and winning Israel’s official state cloud tender – called Project Nimbus – has allowed it to advance its plans.

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Editor’s Note:

Many of these articles deal with the U.S. and Europe, though Amazon’s operations stretch far beyond that. Here our algorithm highlighted a report from Israel that uses drones and satellite images to get the facts. – Christopher Brennan, Editor


Score: stars image Confidence: 97%

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Bruegel

International tax debate moves from digital focus to global minimum

The Organisation for Economic Cooperation and Development is continuing its fight against profit-shifting by focusing on the digital economy. In making a specific link to the digital transition, the OECD hoped to build a global consensus that companies earning profits in countries where they don’t have a physical presence have an obligation to pay taxes somewhere on those profits. The 2015 Base Erosion and Profit Shifting (BEPS) project made great strides in improving international exchange of tax information and in curbing practices identified as particularly harmful.

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Score: stars image Confidence: 95%

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The Intercept

Senate Preparing $10 Billion Bailout Fund for Jeff Bezos Space Firm

Bezos’s Blue Origin lost its bid for a major NASA contract to Elon Musk, but the Senate is ordering the agency to give a second one now.

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Score: stars image Confidence: 95%

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