Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Bankruptcy ? — Amazon is taking loses. Twitter is chaotic and FTX is bankrupt.

Bankruptcy ? — Amazon is taking loses. Twitter is chaotic and FTX is bankrupt.

FromThe Peak Daily


Bankruptcy ? — Amazon is taking loses. Twitter is chaotic and FTX is bankrupt.

FromThe Peak Daily

ratings:
Length:
8 minutes
Released:
Nov 14, 2022
Format:
Podcast episode

Description

After becoming the first company to lose US$1 trillion in market value (yes, ever), Amazon is taking a long, hard look at its business, because something ain’t right.
Elon Musk held his first meeting as the company's CEO, fielding questions from staffers and dropping several off-side comments, like saying “there’s a good chance” Twitter will not survive the economic downturn.
After scrambling to drum up money to fix a cash shortfall of US$8 billion, FTX filed for what will be the biggest US bankruptcy this year.
Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Released:
Nov 14, 2022
Format:
Podcast episode

Titles in the series (100)

Fast Canadian business news. Get up-to-speed quick with a fun and smart breakdown of the three biggest Canadian and global business stories in less than 10 minutes.