Tech Brew Ride Home Fri. 08/25 - ESPN To Amazon?
Aug 25, 2023
Amazon is contemplating a streaming partnership with Disney to boost ESPN's offerings. Meanwhile, Dropbox has capped its unlimited storage due to misuse concerns, aligning with industry trends. In retail news, Shein has snatched up Forever 21's parent company, signaling a shift in fashion dynamics. Plus, Citizen has hit pause on its smartwatch sales amid user complaints. The episode also touches on the allure of investing in fine art during market downturns, along with intriguing weekend reading suggestions on tech and film.
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ESPN Streaming Partnership
- Disney is considering a streaming ESPN partnership with Amazon, Verizon, or other tech companies.
- This move aims to combat rising sports programming costs and declining cable subscribers.
Dropbox Ends Unlimited Storage
- Dropbox has ended its unlimited storage option, now capping it at 5 terabytes for new users.
- This comes after misuse by some users for cryptocurrency mining and storage reselling.
Shein and Forever 21 Partnership
- Shein acquired 33% of Forever 21's parent company, Spark, and Spark now has a minority stake in Shein.
- This deal allows Shein to expand beyond its own products and offer more variety.