business

10/2/24

Amazon saw you didn’t mind ads on Prime Video, so it’s giving you more

Eight months ago Amazon started shoving ads into your movies and shows on Prime Video, even as a paying subscriber. The company was waiting to see if the move resulted in a drop in subscriptions. Turns out we tolerated it, and many of us did not rage-unsubscribe, so now you are getting more ads.

As the big streaming companies cut their lavish spending on making shows and movies, they are increasingly turning to ads to help make their streaming businesses profitable.

If the thought of more ads pushes you over the edge, you can still pay for a “no ads” option, but that will cost you an extra $2.99 per month to keep them at bay. Until they want more.

Amazon to increase number of advertisements on Prime Video

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As the big streaming companies cut their lavish spending on making shows and movies, they are increasingly turning to ads to help make their streaming businesses profitable.

If the thought of more ads pushes you over the edge, you can still pay for a “no ads” option, but that will cost you an extra $2.99 per month to keep them at bay. Until they want more.

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Tariffs finally crept into retail's latest earnings results. Who were the winners and losers?

The long-awaited levies took a toll on nearly every retailer, but execution separated who could steer through the costs.

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business

14h

Volkswagen is reportedly closing in on its own, separate tariff deal with the US

In a bid to get its own tariff rate below the 15% applied to most EU exports, Volkswagen is dangling big US investments.

Speaking at a trade show Monday, VW CEO Oliver Blume said the automaker is in advanced talks on a deal to limit its own tariff burden. Volkswagen reported a tariff cost of $1.5 billion in the first half of the year.

Speaking to Bloomberg TV, Blume said the company is in close contact with the Trump administration and has had “good talks” about its separate deal. The current 15% tariff rate on EU vehicles would still “be a burden for Volkswagen,” Blume said.

A company reaching a tariff deal separate from its home country isn’t typical, though there’s already precedent this year, with Apple’s $100 billion US investment deal amid chip tariffs and President Trump’s threats to add a levy to smartphones. Nvidia and AMD similarly struck a deal to receive the ability to sell chips in China and in exchange agreed to give the US 15% of the revenue from those sales.

15% Tariff Would Be ‘A Burden’ on Volkswagen, CEO Says

15% Tariff Would Be ‘A Burden’ on Volkswagen, CEO Says

Speaking to Bloomberg TV, Blume said the company is in close contact with the Trump administration and has had “good talks” about its separate deal. The current 15% tariff rate on EU vehicles would still “be a burden for Volkswagen,” Blume said.

A company reaching a tariff deal separate from its home country isn’t typical, though there’s already precedent this year, with Apple’s $100 billion US investment deal amid chip tariffs and President Trump’s threats to add a levy to smartphones. Nvidia and AMD similarly struck a deal to receive the ability to sell chips in China and in exchange agreed to give the US 15% of the revenue from those sales.

Lululemon sales are being squeezed — but it’s hoping sports sponsorships will save its skin

The athleisure brand is now looking to real-life athletes to rescue its flagging US sales from the end of de minimis.

2025 US Open - Day 6

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