spending big bucks

John Stephen

Some Cities Vying For New Amazon HQ Haven’t Learned From Past Mistakes

It’s like the Olympics for corporations: Cities all over the country have put themselves into the running to be the home to Amazon’s planned second headquarters, and many of them are offering huge tax breaks and other incentives. But just like the Olympics, cities may regret making such a deal, and several places vying for Amazon’s attention have apparently not learned important lessons from themselves and others that were overly eager to court a new corporate HQ. [More]

Is A Content Bubble Responsible For Netflix’s $20B In Debt?

Is A Content Bubble Responsible For Netflix’s $20B In Debt?

You’ve got to spend money to make money. That appears to be the mantra over at Netflix, where the DVD-by-mail service turned mega-streaming outlet has racked up nearly $20 billion in debt expanding its platform to new areas, producing original content, and buying the rights to show other company’s movies and TV shows. [More]