Warner Bros. Discovery will relaunch its flagship streaming service, renamed Max, on May 23, it said, keeping the existing price points but introducing a new $19.99 upper price for 4K-quality streams. As expected, the new service will include programming that’s on the existing HBO Max service plus programming from the company’s Discovery portfolio of cable channels. This will include adding live...
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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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