WarnerMedia is yet making more changes to its advertising and distribution teams resulting in the departures of its two heads of distribution–Sofia Chang and Rich Warren, according to an internal memo announcing the changes. The company is creating a new sales and distribution team and is reorganizing its sales staff into four teams: agencies and client CMOs; global platforms (like Apple and...
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Amazon’s Anthropic Deal Signals Cloud Sector Turbulence
You know the cloud industry is in upheaval when industry leader Amazon Web Services has to copy a tactic used by its smaller rivals to compete more effectively. The Amazon unit’s decision on Monday to invest up to $4 billion in AI startup Anthropic, as part of a broader deal in which AWS becomes the startup’s “primary cloud provider,” looks a lot like the type of equity-for-business deals AWS...
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