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Bloomberg Tech

Future of Gaming and Amazon Union Loss

Bloomberg Tech

Bloomberg

Tech News, Business News, News

4.469 Ratings

🗓️ 2 May 2022

⏱️ 42 minutes

🧾️ Download transcript

Summary

Bloomberg's Emily Chang breaks down Amazon's defeat of a second union vote in New York, and discusses the future of gaming with former Nintendo COO Reggie Fils-Aime. Plus, how the streaming industry is faring. 

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Transcript

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0:00.0

Join global business leaders and investors at the Bloomberg Sustainable Business Summit, returning to Singapore on July 31st.

0:09.0

Take part in solutions driven discussions on how to drive business value and unlock opportunity

0:14.8

while remaining nimble in times of change and greater ESG accountability.

0:19.5

Learn more at Bloomberg Live.com slash sustainablebiz Singapore. That's Bloomberg Live.com slash Sustainable Biz Singapore.

0:24.0

That's Bloomberg Live.com slash sustainable Biz Singapore.

0:28.0

From the heart of where innovation, money, and power collide,

0:35.0

in Silicon Valley and beyond,

0:38.0

this is Bloomberg Technology with Emily Chang. I'm Emily Chang in San Francisco and this is Bloomberg Technology.

0:58.6

Coming up in the next hour, a David versus Goliath struggle continues between Amazon and its workers.

1:04.1

The retail giant just defeated a push to unionize a second New York warehouse just weeks after

1:09.8

the union won at another warehouse across the street. We will have all the details.

1:15.0

Plus, Warren Buffett discloses a massive stake in Activision in a merger arbitrage play.

1:22.0

Does the deal with Microsoft go through? We'll have a wide-ranging

1:24.7

conversation with former Nintendo CEO of Reggie Fesame about the rapidly

1:29.0

evolving gaming landscape. And media stocks like Netflix Netflix, Spotify and Meta all down more than 50% so far this year.

1:38.0

What's a good business in media right now?

1:40.0

We'll last light chance.

1:41.0

Rich Greenfield.

1:43.0

All of that in a moment, but first let's turn out to another part of the Amazon narrative

1:46.2

with workers at a facility in New York having voted not to join an upstart union.

1:51.8

This just weeks after the group won a historic

1:54.4

victory at a warehouse right across the street. Bloomberg Spencer Soper who

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