Amazon has acquired Metro Goldwyn Mayer (MGM), a long-standing Hollywood studio. Amazon has reached an agreement to own movie studio MGM for $8.45 billion, the company announced on May 26. This is considered a significant step forward for the e-commerce giant when Amazon will add to the available content store about 4,000 titles and 17,000 hours of TV series. The deal helps Amazon attract more Prime users, in order to compete fairly with rivals that own a diverse stock of original movies like Netflix or Disney Plus. MGM is the Hollywood studio behind hit franchises like James Bond and Rocky, but also modern adult series like The Handmaid’s Tale and Vikings. In addition, this studio also owns popular TV shows such as The Voice (Vietnamese Voice) and Shark Tank (Billion Billion Deal). However, the most famous and best known by Vietnamese people is the animated series Tom and Jerry. “The real financial value behind this deal is the IP treasure (copyright) that we plan to renew and grow with the talented team of MGM,” said Mike Hopkins, vice president. in charge of Prime Video and Amazon Studios said. Amazon’s television business is still only a very small slice of an e-commerce empire worth $ 1,650 billion. However, to date, there are more than 200 million subscribers to use Amazon Prime monthly service, with a service fee of 5.99 USD/month. News of Amazon’s acquisition of Hollywood’s 97-year-old studio emerged in mid-May. On May 24, the Wall Street Journal revealed that Amazon was very close to a deal to acquire MGM. MGM is owned by a group of investment funds including Anchorage Capital Group, Highland Capital Management, and Solus Alternative Asset Management. Reports about investors wanting to sell MGM to recover capital have surfaced since the end of December 2020. Currently, Hollywood film studios are in a fierce race to fight against the powerful forces of the day like Netflix or Disney. Last week, telecommunications giant AT&T also planned to merge WarnerMedia with Discovery to create the world’s second-largest media giant, after Disney mouse house. At that time, AT&T ambitiously merged HBO Max and Discovery Plus to create a video-on-demand service with a rich content store that could beat the competition. Phuong Nguyen (according to TheVerge)

Facebook may be fined $ 1.8 million in Israel for “acquiring” 2 companies without permission According to Reuters, Facebook is facing a fine of up to $ 1.8 million for its act of acquiring two Israeli companies, RedKix Inc in 2018 and Service Friend Ltd in 2019 but without approval and violating the law. clause in the Economic Competition Law of Israel. Authorities in the country argue that Facebook has a market share in Israel in excess of 50% and that the group must report transactions and obtain consent before any merger in the country. . The authorities also said that Facebook and Istagram are two exclusive social networks in Israel. Facebook will face a hearing soon and the company will have 60 days to appeal the charges before serving the fine. Talking about this, Facebook has denied allegations of antitrust behavior and said that Facebook is still cooperating with the investigations of the authorities. In addition, Facebook believes that there is no reporting obligation in relation to these transactions and hopes that the competent authorities will come to the right conclusions. Last year, Facebook was also fined by the US federal court up to $5 billion related to data privacy violations and forced Facebook to strengthen privacy protections, provide quarterly report on the implementation of the agreement and the establishment of an independent monitoring board. In Canada, Facebook was also fined $6.5 million by the Competition Bureau for sharing user information with other companies.

Speaking at the opening ceremony, Mr. Nguyen Doan Ket, Vice Chairman of the Board of Directors, Deputy General Director of the Company, said that from July 1, 2019, the company decided to implement the Digital Transformation Strategy for the period 2020 – 2025, vision to 2030. Rang Dong’s digital transformation is implemented synchronously on all three aspects: technology, process and organization – people. The final scene “Rang Dong Creative Festival – Techday” for the 3rd time To do this, in addition to the Lighting Research and Development Center, which was established in 2011, it has a research mission to bring the latest achievements of physical science, materials, biology and renewable energy into production. New products, innovative products, in November 2020, Rang Dong established a Digital Research and Development Center, responsible for being the brain of the reception, transfer and development of technology achievements. digitally put into production and business processes, especially developing strategic product lines for LED 4.0 ecosystems. In addition, the Company established a Center for New Idea Creation and a Venture Capital Fund to serve as a platform for creative ideas. The company determines that people have the meaning of success in the digital transformation journey associated with learning and following Ho Chi Minh’s ideology, morality and style. Over the years, the movement “Emulation to follow Uncle Ho’s words in all regular daily work of everyone” has been actively responded by the company’s officers and employees. Entering the year 2020, the movement “Excellent labor, creative labor” converges in “Rang Dong Creative Festival – Techday” as the foundation for receiving and developing knowledge, is an open space for ideas. Creative ideas are brought to life, bringing value to customers, inspiring and creating a new Rang Dong – high technology and modern, Mr. Nguyen Doan Ket said. The 3rd “Rang Dong – Techday” Creation Festival, which took place from January 15 to April 24, attracted 688 initiatives, of which 373 have been and are being applied, accounting for 54%. In the final round, the 3 best selected topics participated in the presentation, including: the topic Converting the number of executive blocks – the market of the Marketing and Sales block) has brought initial results such as : forming a system of smart reports; implementing flag maps and point of sale / DMS information to help exploit customer data, understand the market; updating and measuring results in real time; supporting activities of marketing; enhanced end-user experience at point of sale (Display screen) and Online environment (Showroom 3D); applying information technology to promote contactless economy and international e-commerce. New products applying high technology of Rang Dong are highly appreciated by consumers The topic Applying Lean management and production tools – building SCADA system as a platform for connecting to the ERP system – implementing the digital transformation process to improve the glassware production capacity of the poster workshop Water – Glass saved 400 million VND in the initial investment cost of the quality and productivity management system of the chain connection line 2; saving VND 1.4 billion in the initial investment cost of connecting the local system with the central control room; Shorten the time for product defect handling from 1 shift (8 hours) to 1 hour; economic efficiency is estimated at 200 million VND / month equivalent to 2.4 billion / year. Along with that, the topic of Digital Transformation to improve the intrinsic capacity of the production stage of LED-electronics & TBCS factories through 5 quarters of implementation from 4/1/2020 to 4/2021 helps improve design capacity. quickly responding to product strategy, contributing to the realization of exponential growth targets (23 new products by 2020 and 12 new product groups); expand the horizontally connected range for production stages with the AGV self-propelled vehicle system; forming a digital operating center to improve the efficiency of supervision and administration as well as forming a way to connect horizontally and vertically in operating production.