Meta-morphosis or More Pain? Possible Futures for Facebook’s Parent Company

Meta Platforms is facing all kinds of headwinds—from flat user growth to $10 billion in lost revenue this year alone from Apple’s privacy changes. Realizing its transformative goal may depend on successfully building a whole new business for itself. Read More...


Amazon pulls out of IPL cricket streaming rights bidding

Amazon won’t be bidding for the five-year IPL media rights, a person familiar with the matter told TechCrunch, a surprising last-minute move that leaves the much anticipated prized auction largely to Disney and Reliance. The e-commerce giant was one of several tech giants that had been preparing to participate in the Sunday auction, which will grant the cricket media rights for the year 2023 through 2027. Amazon, which has deployed about $6.5 billion in its India business and operates Prime Video streaming service, has relayed to the BCCI, the cricket board overseeing the Indian Premier League tourney, that it won’t be participating in the bid, the person said, requesting anonymity as the details are private.

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