Tuesday’s Headlines: Netflix Marks Big Win In Streaming Wars
1. China’s Communist Party has ordered all state offices to remove foreign hardware and software within three years, which could hit major U.S. firms including Microsoft, Dell, and HP. The policy has been dubbed “3-5-2” because the replacement of the technology will happen at a pace of 30% in 2020, 50% in 2021, and 20% in 2022, with analysts predicting that between 30-50 million pieces of equipment will need replacing. Beijing’s move comes against the backdrop of the ongoing U.S.-China trade war in which technology has been front and center. For the complete readout, click here.
2. Netflix made history on Monday when it became the first streaming service to have a movie nominated for ‘Best Picture’ at the Golden Globes awards. In fact, the platform earned four best picture nominations for the Jan 5. awards show. “Marriage Story,” “The Two Popes” and “The Irishman” were nominated for the drama category and “Dolemite is my Name” earned a nod in the musical or comedy category, bringing its tally to 17 nominations — the most of any studio. Netflix’s domination underscores the changing Hollywood landscape; as theaters balk at Netflix’s shorter theatrical windows for films, critics have embraced the streaming service’s content. Catch the full story here.
3. In a new filing made public on Monday, Amazon Web Services claims it didn’t win the $10 billion JEDI Pentagon contract as a result of repeated attacks on the company by President Donald Trump. The company argues that Trump “made no secret of his personal dislike” for CEO Jeff Bezos by criticizing him publicly and then “used his office” to prevent AWS from winning the contract. AWS is now calling for the Department of Defense to terminate the award and conduct another review of the submitted proposals. Get the whole report here.