Stocks Plunge and Coinbase Slashes 18% of its Workforce

Bloomberg's Caroline Hyde discusses Arm's potential IPO which is expected to be the biggest of the year. Plus, a conversation with venture capitalist and entrepreneur Keith Rabois on how his company OpenStore is helping small businesses grow online. And, Meta plans to launch a web version of its microblogging app Threads early this week, in the latest challenge to take on competitor X. See omnystudio.com/listener for privacy information.

21 Aug 202337min

Bloomberg's Caroline Hyde discusses the outlook for the tech sector as analysts call out a perfect storm in the markets. Plus, calm in the crypto sector comes to an end as liquidations exceed $1 billion in 24 hours. And, chipmaker Arm is said line up 28 banks for its initial public offering, which is expected to be the biggest IPO of the year.See omnystudio.com/listener for privacy information.

18 Aug 202338min

Bloomberg's Ed Ludlow and Caroline Hyde break down earnings results from Walmart and focus in on e-commerce. Plus, Cisco outlines plans to push into AI and security technology. And, Dutch payment processing company Adyen plunges after posting the slowest revenue growth since its IPO.See omnystudio.com/listener for privacy information.

17 Aug 202340min

Bloomberg's Ed Ludlow and Caroline Hyde discuss the implications of Intel and Tower Semiconductor scrapping their $5.4 billion deal. Plus, they recap Tencent's earnings and what is says about China's technology sector. And, cryptocurrency company BitGo inks a $1.75 billion valuation after raising $100 million in its Series C funding round.  See omnystudio.com/listener for privacy information.

16 Aug 202341min

Bloomberg's Ed Ludlow and Caroline Hyde preview earnings results from China's biggest tech companies. Plus, the CEO of Vietnamese electric-vehicle maker VinFast joins to discuss the company's trading debut. And, Hollywood studios make a new offer to striking screenwriters that include concessions on artificial intelligence and access to viewer data.  See omnystudio.com/listener for privacy information.

15 Aug 202340min

Bloomberg's Caroline Hyde and Ed Ludlow break down Tesla's latest price cut in China, sparking worries of another global EV price war. Plus, the significance of PayPal's stablecoin, and Zuckerberg tells speculators it's time to move on from the potential cage fight with Elon Musk. See omnystudio.com/listener for privacy information.

14 Aug 202343min

Bloomberg's Ed Ludlow breaks down a court ruling siding in favor of robotaxis expanding in San Francisco and discusses with Cruise CEO Kyle Vogt. Plus, a look at a government probe including Microsoft's role in suspected Chinese hacking of government officials. See omnystudio.com/listener for privacy information.

11 Aug 202341min

Bloomberg's Ed Ludlow breaks down how Disney's production costs will save 3 billion dollars for the entertainment company. Plus, President Biden imposes limits on US investments in China while Alibaba defies the country's economic turbulence with a return to growth across all its main divisions. See omnystudio.com/listener for privacy information.

10 Aug 202341min