Amazon reveals 20 finalists for second HQ | Crunch Report | Summary and Q&A

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January 18, 2018
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TechCrunch
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Amazon reveals 20 finalists for second HQ | Crunch Report

TL;DR

Amazon reveals 20 finalist cities for its second North American headquarters location.

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Key Insights

  • 🏙️ Amazon has selected 20 cities as potential locations for its second headquarters, indicating a significant investment and job creation.
  • 😚 HuffPost's decision to close its unpaid contributors platform reflects the challenges faced in navigating a saturated information landscape and combating false information.
  • 💋 The Softbank deal's closure marks a significant milestone for Uber, with Travis Kalanick becoming a billionaire through the sale of his stake in the company.
  • 🤭 The final decision for Amazon's second HQ will have a tremendous impact on the chosen city in terms of economic growth and development.
  • 😚 Closing the contributors platform suggests HuffPost's commitment to maintaining the credibility and quality of their content.
  • 🤝 The Softbank deal will provide a much-needed financial boost to Uber while ushering in governance changes for the company.
  • 🏙️ The announcement of the finalist cities creates anticipation and speculation about which city will ultimately house Amazon's second HQ.

Transcript

the finalists cities for Amazon second HQ are announced HuffPost drops its free contributor platform and uber Softbank deal officially closes its Thursday January 18th and this is crunch report happy Thursday everybody here's the news Amazon has reviewed the proposals from potential candidate cities for its second North American headquarters locati... Read More

Questions & Answers

Q: What are some of the finalist cities for Amazon's second HQ?

The 20 finalist cities for Amazon's second North American headquarters include Atlanta, Austin, Boston, Chicago, Dallas, Denver, Indianapolis, Los Angeles, Miami, Nashville, New York City, Philadelphia, Pittsburgh, Toronto, and Washington DC, among others.

Q: Why is HuffPost shutting down its contributors platform?

HuffPost is shutting down its contributors platform because in an era where everyone has a platform, it becomes challenging to discern credible voices from false information. They aim to listen carefully and elevate the voices that truly need to be heard.

Q: What does the Softbank deal with Uber entail?

The Softbank deal includes a $1.2 billion primary direct investment in Uber, with payments for secondary sales being processed and distributed. The deal also brings governance changes into effect, making Travis Kalanick a billionaire through his stake in Uber.

Q: When will the winner of Amazon's second HQ be announced?

The announcement of the winning city for Amazon's second HQ and the $5 billion investment is expected to take place later in 2018.

Summary & Key Takeaways

  • Amazon has narrowed down the potential candidate cities for its second HQ to 20 promising options.

  • HuffPost will be shutting down its unpaid contributors platform in order to combat the spread of false information and elevate essential voices.

  • The Softbank deal with Uber has officially closed, making Travis Kalanick a billionaire in reality as well as on paper.

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