Amazon Buying MGM in $8.45 Billion Deal

Amazon Buying MGM in $8.45 Billion Deal

Amazon announced on May 26, 2021, that it will be buying MGM. With the purchase, the online giant gains ownership of James Bond, Pink Panther, Legally Blonde, Silence of the Lambs, and other well-loved franchises. The $8.45 billion deal is part of the ongoing “arms...
Jeff Bezos Steps Down as Amazon CEO

Jeff Bezos Steps Down as Amazon CEO

In July 1995, Jeff Bezos launched a book-selling website called Amazon. His first office was his garage, and his computers used so much power he couldn’t vacuum without blowing a fuse. Early company meetings were held in the local Barnes and Noble, since they had the...
Get Ready to Meet the Amazon TV Box

Get Ready to Meet the Amazon TV Box

Online streaming is nothing new to Internet giant, Amazon, but the tech company founded by Jeff Bezos is trying something different: they want to bring that streaming to your television. Moving video from your computer to your TV is nothing new, but it’s a market that...