Solana, the blockchain network once championed by Sam Bankman-Fried, is drawing intense scrutiny as industry watchers wonder whether its former close ties to the disgraced crypto mogul and his now-defunct FTX empire will jeopardize its future. Hannah Miller reports on the Dec. 28 episode of “Bloomberg Markets: The Close.” Like this video? Subscribe to Bloomberg Technology on
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Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg said the company will cut more than 11,000 jobs in the first major round of layoffs in the social media giant’s history. He said in a statement, “I got this wrong.” Quicktake’s Alex Webb reports. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full
Tesla laid off hundreds of workers on its Autopilot team as the electric-vehicle maker shuttered a California facility, according to people familiar with the matter. Ed Ludlow reports on “Bloomberg Triple Take.”
Feb.14 — Warren Buffett’s conglomerate, Berkshire Hathaway Inc., reported that it cut its stake in Big Blue by 94 percent during the fourth quarter, essentially drawing to a close a rare blemish on his investing record. Bloomberg’s Tom Giles has more on “Bloomberg Technology.”
Sam Bankman-Fried was released on a $250 million bail package after making his first US court appearance to face fraud charges over the collapse of FTX, the cryptocurrency exchange he co-founded. He appeared in Manhattan federal court Thursday. Bloomberg’s Hannah Miller reports. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest
Jun.08 — An undersea cable will soon emerge near a popular sunbathing spot in the French port of Marseille. The cable, known as Peace, will travel overland from China to Pakistan, where it heads underwater and snakes along for about 7,500 miles of ocean floor via the Horn of Africa before terminating in France. The
Micron Technology gave a lackluster revenue outlook for the current period, indicating the slump in demand for computer components will drag on, and said it will reduce its workforce by about 10% over the next year. Bloomberg Intelligence’s Paula Penkal breaks down the numbers on “Bloomberg Markets: The Close.” Like this video? Subscribe to Bloomberg Technology
Dexterity Capital Managing Partner Michael Safai joins Caroline Hyde to discuss why bearish traders are signaling that crypto losses will continue into next year.
Bloomberg’s Sonali Basak joins Caroline Hyde and Ed Ludlow to discuss the highlights of current FTX CEO John Ray III’s hearing on Capitol Hill about the collapse of the crypto exchange.
Elon Musk is on the stand defending his $55 million pay package at Tesla. A Tesla investor sued saying he’s being paid too much. Bloomberg’s Ed Ludlow reports. Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of “Bloomberg Technology” with Emily Chang here: Get the latest in tech
Bloomberg’s Hannah Miller joins Caroline Hyde to discuss how the crypto firm Amber Group has raised $300 million mainly for customers who lost money on the platform’s products due to FTX’s implosion.
Fusion power plants are possible on the electricity grid within the next decade, a potential game changer that could supply a limitless amount of carbon-free power, former US Energy Secretary Ernest Moniz said Thursday. He spoke with David Westin on “Balance of Power.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of
Bloomberg’s Sonali Basak joins Caroline Hyde and Ed Ludlow to break down why crypto lender BlockFi filed for bankruptcy in the wake of crypto exchange FTX’s rapid downfall.
Bloomberg’s Mark Gurman joins Caroline Hyde and Ed Ludlow to discuss the significance of Apple preparing to allow alternative app stores on its iPhones and iPads as part of a sweeping overhaul aimed at complying with strict European Union requirements coming in 2024.
Apple user have to pay more for Twitter’s new verification checkmarks
Amazon unveils a range of new products for the home. Among them is a $1,000 robot called “Astro.” Emily Chang talks to Dave Limp, Amazon senior vice president of devices and services. (Source: Bloomberg)
Dec.18 — Microsoft Corp. is working on in-house processor designs for use in server computers that run the company’s cloud services, adding to an industrywide effort to reduce reliance on Intel Corp.’s chip technology. Details from “Bloomberg Markets: The Close.”
American Antitrust Institute President Diana Moss joins Caroline Hyde and Ed Ludlow to discuss the latest in the FTC’s decision to seek to block Microsoft’s acquisition of Activision Blizzard. Plus, what came out of the opening arguments in the FTC’s case challenging Meta’s acquisition of VR company Within.
Apple is ramping up work on its AR/VR headset. It could be unveiled as early as next year. The device will vault the company into first new product category since the Apple Watch in 2015. Bloomberg’s Mark Gurman reports.
Mar.24 — Intel CEO Pat Gelsinger discusses the chipmaker’s manufacturing strategy, plans to turn its rivals into customers and suppliers, and the Biden administration’s efforts to manufacture semiconductors domestically. He speaks to Emily Chang on “Bloomberg Technology.”
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