What Amazon's Canceled HQ2 Deal Means for New York's Tech Scene

What Amazon's Canceled HQ2 Deal Means for New York's Tech Scene

Assessment

Interactive Video

Business, Life Skills

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the impact of Amazon's decision not to expand in NYC, highlighting the loss of potential jobs and its effect on the tech ecosystem. Despite this setback, NYC's tech sector continues to grow, attracting diverse talent and companies. The video also covers Facebook's potential FTC fine and its implications for the company's business model and growth.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason for disappointment regarding the missed deal in New York?

Loss of potential jobs

Decrease in Amazon's stock price

Increase in local taxes

Closure of existing tech companies

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company already has a significant number of jobs in New York?

IBM

Amazon

Microsoft

Apple

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the unique advantages that attract tech companies to New York?

Low cost of living

Proximity to Silicon Valley

Diverse talent base

Lack of regulations

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the expected job commitment from the missed deal?

10,000 to 20,000 jobs

50,000 to 60,000 jobs

5,000 to 10,000 jobs

25,000 to 40,000 jobs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential consequence of the FTC fine on Facebook?

Reduction in advertising costs

Expansion into new markets

Change in business model

Increase in user base

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major concern regarding Facebook's potential fine?

The exact amount of the fine

The impact on Facebook's user interface

The effect on Facebook's stock price

The future regulatory actions

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is Facebook perceived in New York compared to other regions?

As a non-essential business

As a disruptive force

As a declining company

As a great neighbor