By msmash from
Slashdot's it's-becoming-normal department:
Hollywood is buzzing after Tuesday morning's long-awaited Oscar nominations announcements, finally revealing who will be competing for an Academy Award on Feb. 26. One of the biggest stories of the morning was the nominations haul scored by e-commerce giant Amazon and its streaming video arm, Amazon Studios. From a report: The Academy of Motion Picture Arts and Sciences gave Amazon's big Oscar contender, director Kenneth Lonergan's devastating drama Manchester by the Sea, six total nominations on Tuesday. Manchester by the Sea, which Amazon co-distributed with indie studio Roadside Attractions, is nominated for Best Picture, while Lonergan is nominated in both the directing and original screenplay categories. Actors Casey Affleck, Michelle Williams, and Lucas Hedges all also scored acting category nods. In total, Amazon has seven nominations, with the Iranian thriller The Salesman -- which Amazon is distributing in the U.S. -- up for Best Foreign Picture. Amazon CEO Jeff Bezos has made no secret about his desire to win an Academy Award -- an accomplishment no streaming service has yet pulled off -- and the company has spent a lot of money building out its portfolio of original feature films as it looks to compete with more traditional Hollywood studios. Last year, Amazon saw its Oscar hopes dashed after the company's collaboration with director Spike Lee on the film Chi-Raq failed to garner any nominations. But Amazon also spent a reported $10 million on the distribution rights to Manchester by the Sea at last year's Sundance Film Festival.
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By msmash from
Slashdot's Antitrust-Probe department:
U.S. online retailer Amazon has offered to alter its e-book contracts with publishers in a bid to end an EU antitrust probe and stave off a possible fine, the European Commission said on Tuesday. From a report: Amazon, the biggest e-book distributor in Europe, proposed to drop some clauses in its contracts so publishers will not be forced to give it terms as good as those for rivals, the Commission said. Such clauses relate to business models, release dates, catalogs of e-books, features of e-books, promotions, agency prices, agency commissions and wholesale prices. The Commission opened an investigation into the company's e-books in English and German in June 2015, concerned that such parity clauses make it harder for other e-book retailers to compete with Amazon by developing new and innovative products and services. The EU competition enforcer gave rivals and customers a month to provide feedback before it decides whether to accept the proposal. Under EU antitrust rules, such settlements mean no finding of infringement nor fines which could reach 10 percent of a company's global turnover.
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By msmash from
Slashdot's blame-it-on-brexit department:
On Monday, Microsoft hosted an online event to discuss the impact of the UK's departure from the European Union on the tech industry. The company currently has two large datacentres in the UK, and it is expanding those in response to vigorous demand for cloud services. But Brexit could throw a spanner in the works. From a report: Microsoft's UK Government Affairs Manager Owen Larter said, "We're really keen to avoid import tariffs on any hardware. Going back to the datacenter example, we're looking to build out our datacenters at a pretty strong lick in the UK, because the market is doing very well. If all of a sudden there are huge import [tariffs] on server racks from China or from eastern Europe, where a lot of them are actually assembled, that might change our investment decisions and perhaps we build out our datacenters across other European countries." Simply put, if they cannot build in Britain, then they will build surrounding it. Currently, the data is shared freely between the EU countries without any issues. This is because they all have similar security between them. However, if the UK leaves the EU, then this could cause even more issues for Microsoft.
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By BeauHD from
Slashdot's take-your-seat department:
Paul Fernhout writes: China has unseated North America as the global investment leader in financial technology, or "fintech," according to Citigroup's latest report on "digital disruption." The researchers attribute the power shift to the rise of what they term "Chinese dragons," an industry term for the biggest upstarts in Asia. Think of Ant Financial, the payments spinout of Alibaba, as well as Lu.com, JD Finance, and Qufenqi, emerging eastern juggernauts that are generally less familiar to consumers in the west. China accounted for more than half of all fintech investments globally in the first nine months of last year, the report said. Specifically in terms of venture capital, the country more than doubled its worldwide share of the investment category, rising to 46% of the global total versus just 19% the same period in 2015. The U.S., meanwhile, sunk to 41% of the global total from 56% during the same period in 2015, putting it behind China.
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By BeauHD from
Slashdot's dot-your-I's-and-cross-your-T's department:
An anonymous reader quotes a report from Ars Technica: Cervical cancer is 77 percent more deadly for black women and 44 percent more deadly for white women than previously thought, researchers report today in the journal Cancer. But the lethal boosts aren't from more women actually dying than before -- they're from scientists correcting their own calculation error. In the past, their estimates didn't account for women who had undergone hysterectomies -- which almost always removes the cervix, and with it the risk of getting cervical cancer. We don't include men in our calculation because they are not at risk for cervical cancer and by the same measure, we shouldn't include women who don't have a cervix," Anne F. Rositch, the study's lead author and an epidemiologist at Johns Hopkins told The New York Times. For the study, the researchers looked at national cervical cancer mortality data collected between 2000 to 2012. They also looked into national survey data on the prevalence of hysterectomies. Then, they used those figures to adjust the number of women at risk of dying of cervical cancer. The researchers found that black women have a mortality rate of 10.1 per 100,000. For white women, the rate is 4.7 per 100,000. Past estimates had those rates at 5.7 and 3.2, respectively. The new death rate for black women in the US is on par with that of developing countries. Though the new study wasn't designed to address racial disparities, experts speculate that the large difference reflects unequal access to preventative medicine and quality healthcare.
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