Monday, July 29, 2024

Sources: Twitch remains unprofitable a decade after Amazon's acquisition; Docs show Twitch generated ~$667M in ad revenue and $1.3B in commerce revenue in 2023 (Wall Street Journal)

Wall Street Journal:
Sources: Twitch remains unprofitable a decade after Amazon's acquisition; Docs show Twitch generated ~$667M in ad revenue and $1.3B in commerce revenue in 2023  —  Amazon Paid Almost $1 Billion for Twitch in 2014.  It's Still Losing Money.  The live-video service has slowing user growth …



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Bill Gates warns about the catastrophic risk posed by "people with ill intent using the latest AI tools", which are powerful enough to "cause a billion deaths" (Herb Scribner/Axios)

Herb Scribner / Axios : Bill Gates warns about the catastrophic risk posed by “people with ill intent using the latest AI tools”, which a...