Published: May 27th, 2021
Amazon buys MGM film studios, a new report reveals companies are not prioritizing inclusive AI, and Amazon is under global criticism for poor working conditions.
It’s all the tech news that’s got people buzzing right now. Welcome to Hashtag Trending! It’s Thursday, May 27 and I’m your host Alex Coop.
Amazon bought MGM studios yesterday for $8.45 billion. This makes it the company’s second-largest acquisition since Amazon’s deal with Whole Foods in 2017. MGM studios produced the James Bond series along with 4,000 other films and 17,000 TV shows. With this purchase, Amazon looks to expand its content for its streaming service, Prime Video. The deal is expected to help Amazon entertain its 200 million subscribers and compete with other streaming services like Disney +, HBO Max and Netflix. [Twitter]