UP IN THE BUSINESS: Amazon Cutting in on Youtube, Digital Ad Earnings & Colorado Marijuana Prices
Can Amazon’s new venture into online video streaming succeed in the same world as YouTube? What caused Theranos head Sunny Balwani to lose his job? Adam Shepard and Liam McNeill discuss the latest in business news, including the numbers on digital ad revenue that have networks restructuring their formats, the falling price of marijuana in Colorado’s cannabis boom economy, and Google’s ban on payday lender advertisers. We also speculate about Apple’s Chinese investment in Uber competitor, Didi, and have a closer look at who is getting hired and who isn’t in today’s economy.
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00:01 Welcome to Up in the Biz, with Adam Shepard and Liam McNeill.
00:15 Theranos head Balwani crashes out amid probes and controversy.
03:06 Amazon enters online video streaming, but can it compete with YouTube?
06:12 Digital ads are about to outpace tv earnings, so tv is opening up to sponsors even more.
09:59 College graduate employment statistics are at ten-year best.
12:12 Colorado marijuana dispensary prices are plummeting.
15:33 Lack of skills in the labor market.
19:18 Google is banning payday lender ads.
22:43 Apple invests in Chinese Uber rival Didi.