The Battle for Amazon's HQ2 Heats Up, But is Winning Worth it?
Amazon announces the 20 cities that are still in the running for its second headquarters. The tech giant promises an economic boost of $5 billion to the winning city, but when you factor in the tax incentives the cities are offering Amazon, is it actually worth it?
Todd Bishop, Co-Founder and Editor at Geekwire, explains why the fight to win HQ2 could hurt the mid-size cities still in the running.
When asked where he believes Amazon will set up shop, Bishop points to the Washington, D.C. area and the New York City area. Both metro centers have at least two cities in the running. Bishop also notes that Toronto, the only non-U.S. city on the list, has a strong chance as well.
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank. The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White House. The initial investment is expected to be $100 billion and could reach five times that sum. While Trump has seized on similar announcements to show that his presidency is boosting the economy, there were already expectations of a massive buildout of data centers and electricity plants needed for the development of AI.
Chris Ruder, Spikeball Founder and CEO, explains how he and his friends put roundnet on the global map, plus, how Spikeball helps people "find their circle."
J.W. Roth, CEO of Venu Holding Corporation, discusses the company's IPO and plans to redefine live music entertainment with their fan founded, fan-owned model.
Variety's Clayton Davis discusses why more than just the 1% are struggling after the LA fires. Plus, how awards shows will pivot to help victims. Watch!
Emily Hosie, CEO of Rebelstork, explains the concept of Returns Recommerce, plus how her company raised $18M to address the industry-wide issue of returns.