More Job Cuts at Meta and Big Equity Firms Circle SVB Assets
Bloomberg Tech14 Maalis 2023

More Job Cuts at Meta and Big Equity Firms Circle SVB Assets

Bloomberg's Caroline Hyde and Ed Ludlow break down Meta's restructuring plans to slash 10,000 roles and 5,000 vacant positions, and why the likes of Apollo and Blackstone are eyeing SVB's assets. Plus, a conversation with Founders Fund's Trae Stephens and former IBM CEO Ginni Rometty.

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Bessent Says US Must Win on AI and Quantum; Hollywood Shaken by Tariff Threat

Bessent Says US Must Win on AI and Quantum; Hollywood Shaken by Tariff Threat

Bloomberg’s Caroline Hyde discusses the drop in media stocks following President Trump’s proposal to impose 100% tariffs on foreign-produced movies. Treasury Secretary Scott Bessent, speaking from the Milken Institute Global Conference, says the US must win the race to develop artificial intelligence as China closes the gap. Daniel Morgan, Senior Portfolio Manager at Synovus Trust, explains what's behind the market dip after a four-day rally.See omnystudio.com/listener for privacy information.

5 Touko 53min

Tariffs Weigh on Amazon and Apple, Increasing US Energy for the AI Arms Race

Tariffs Weigh on Amazon and Apple, Increasing US Energy for the AI Arms Race

Bloomberg’s Caroline Hyde and Ed Ludlow discuss a busy week of tech earnings. Plus, US Energy Secretary Chris Wright explains the Trump administration's plans to boost US electricity output to support AI development. And Roblox CEO David Baszucki talks about the company’s earnings and growth strategy.See omnystudio.com/listener for privacy information.

2 Touko 43min

Microsoft and Meta Allay Investors’ Tariff Fears; A Court Deals Apple an Epic Blow

Microsoft and Meta Allay Investors’ Tariff Fears; A Court Deals Apple an Epic Blow

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Microsoft’s and Meta’s earnings beats. Plus, Carolina Milanesi, President and Principal Analyst at Creative Strategies, explains what investors are waiting to hear from Apple when the iPhone maker reports results. Andy McLoughlin, Managing Partner at Uncork Capital, also joins to talk about the firm's new $300 million fund and its search for the next big AI startup.See omnystudio.com/listener for privacy information.

1 Touko 43min

Super Micro and Snap Warn of Economic Headwinds, Grab Raises Forecast

Super Micro and Snap Warn of Economic Headwinds, Grab Raises Forecast

Bloomberg’s Caroline Hyde and Ed Ludlow discuss the drop in Super Micro’s shares after the server maker preannounced results that fell well short of analysts' estimates. Plus, Boston Dynamics CEO Robert Playter discusses the future of robotics and competition with Tesla. And Grab CFO Peter Oey explains why the Southeast Asian delivery company raised its earnings forecast.See omnystudio.com/listener for privacy information.

30 Huhti 46min

White House Calls Out Amazon, SoFi CEO Weighs in on Earnings and Regulation

White House Calls Out Amazon, SoFi CEO Weighs in on Earnings and Regulation

Bloomberg’s Caroline Hyde and Ed Ludlow dive into the White House calling out Amazon after reports that it would display the cost of US tariffs on products - which Amazon later denied. Plus, Spotify shares fall after giving a muted outlook for profit, and SoFi CEO Anthony Noto says the Trump administration’s regulatory reforms will allow the online bank to offer more products.See omnystudio.com/listener for privacy information.

29 Huhti 42min

IBM Pledges $150B US Investment, Apple Shakes Up AI Unit

IBM Pledges $150B US Investment, Apple Shakes Up AI Unit

Bloomberg’s Caroline Hyde discusses IBM's plans to invest $150 billion over the next five years in the US. Plus, Palo Alto Networks’ CEO joins on the company's latest acquisition. And FPV managing partners, Pegah Ebrahimi and Wesley Chan, talk about finding startups that outlive the AI hype and withstand an economic downturn.See omnystudio.com/listener for privacy information.

28 Huhti 41min

Reid Hoffman on AI Investing, Trade Policy, and Doge

Reid Hoffman on AI Investing, Trade Policy, and Doge

Bloomberg’s Caroline Hyde and Ed Ludlow speak with Greylock partner and LinkedIn co-founder Reid Hoffman about AI policy and investing amid global trade tensions. Plus, Kamyl Bazbaz from the privacy-focused search company DuckDuckGo discusses what changes to Google could create a more even playing field in search. And BNP Paribas’s David O'Connor joins to talk about Intel's disappointing first-quarter results.See omnystudio.com/listener for privacy information.

25 Huhti 45min

Tesla’s Europe Sales Plummet, IBM and ServiceNow Beat Expectations

Tesla’s Europe Sales Plummet, IBM and ServiceNow Beat Expectations

Bloomberg’s Caroline Hyde and Ed Ludlow discuss tech earnings as Alphabet prepares to report after the bell, setting the tone for Magnificent Seven results. Plus, ServiceNow CEO Bill McDermott discusses the company’s outlook amid the threat of tariffs and the government's cost-cutting efforts. And Neo CEO Ali Partovi explains why he still focuses on backing founders with computer science backgrounds, even as AI takes over coding tasks.See omnystudio.com/listener for privacy information.

24 Huhti 45min

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