On October 24th, join top technology leaders, business executives, innovators and entrepreneurs

in London for the Bloomberg Technology Summit.

How can unprecedented digitisation help solve global challenges?

Speakers from GraphCore's Siemens, Deliveroo and Aber Voyage will explore the rapid advance

of AI and green technology and delve into the escalation of cyber warfare and more.

Learn more at www.bloomberglive.com slash tech summit 2023.

Even among other CEOs, Jeff Bezos has known for being an especially aggressive businessman.

He's really good at playing the game of capitalism, where the imperative for any company is to grow and keep growing.

So Bezos wants to have a hand in almost every aspect of his customer's daily lives.

And when he hits a wall, he's known for buying his way in.

When Amazon struggled to sell shoes, they bought Zappos for about a billion dollars.

When they were flailing around with their grocery delivery business, they bought whole foods.

And then in May 2021, Jeff Bezos did it again.

Amazon today just did some shopping of its own, buying MGM for nearly eight and a half billion dollars.

But this is coming as Amazon continues its push to try and figure out Hollywood,

try and figure out how to make this work with streaming that kind of been all over the map.

This is so fascinating. You have this company that's really the epitome of the modern company,

buying a film studio that was founded in the silent era.

Amazon said it was buying one of the most storied names in Hollywood.

MGM is home to movies like Rocky and Robocop, Fargo and the Survivor TV series.

And of course, Bond, James Bond.

Mr. Bond, I suppose you would.

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