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Transcripts For BLOOMBERG Best Of Bloomberg Technology 20240714

Silicon valley. Ripples ceo has called Facebooks Libra pitch to lawmakers somewhat presumptuous. We ask how the controversy is impacting the broader Crypto Market. But first to our top story, it is big techs turn, facebook, tesla, alphabet, all reporting secondquarter earnings. Amazon and alphabet reported results thursday. For alphabet it was all about sales and regulation. Our guests weighed in. If you look at the way google gets revenue, about 85 of revenue at google is coming in from the ad business. I think, given the competition they will be facing, you do not want to be in a spot where you have north of 80 of revenue coming from advertising. So i think that they are going to place a bigger emphasis on the Cloud Business. How much success are they going to have . It is hard to say. They have not been able to get out of that third slot, as you have said. They are facing massive competition against microsoft and amazon, who have had a lot of success and who do put significant dolla

Transcripts For BLOOMBERG Best Of Bloomberg Technology 20240714

Million fine to settle privacy concerns. The proclaimed arrogance of callingvalley, a ceo the facebook pitch to lawmakers on libra by facebook uncomfortable. First our top story. Facebook, tesla, amazon all reporting secondquarter earnings. Amazon and alphabet reported thursday. Alphabet was all about sales and regulation. Our analysts weigh in. How google gets revenue, 85 of revenue is from the ad business. Competitionen the that they will be facing, you do not want to be in a spot where you have north of 80 of your revenue coming from advertising. I think they will place a bigger emphasis on the Cloud Business Going Forward. How much success they are going to have is hard to say. They have not been able to get out of the third slot. They are facing massive competition against microsoft of amazon who have had a lot success and put significant dollars behind that business. It will be something that will be hard to get out of that third slot but still a significant part of their busines

Transcripts For BLOOMBERG Best Of Bloomberg Technology 20240714

Settle privacy concerns. And the proclaimed arrogance of Silicon Valley. Ripples ceo has called Facebooks Libra pitch to lawmakers somewhat presumptuous. We ask how the controversy is impacting the broader Crypto Market. But first to our top story, it is big techs turn, facebook, tesla, alphabet, all reporting secondquarter earnings. Amazon and alphabet reported results thursday. For alphabet it was all about sales and regulation. Our guests weighed in. If you look at the way google gets revenue, about 85 of revenue at google is coming in from the ad business. I think, given the competition they will be facing, you do not want to be in a spot where you have north of 80 of revenue coming from advertising. So i think that they are going to place a bigger emphasis on the Cloud Business. How much success are they going to have . It is hard to say. They have not been able to get out of that third slot, as you have said. They are facing massive competition against microsoft and amazon, who h

Transcripts For BLOOMBERG Best Of Bloomberg Technology 20240714

And the proclaimed arrogance of Silicon Valley. Ripples ceo has called Facebooks Libra pitch to lawmakers somewhat presumptuous. We ask how the controversy is impacting the broader Crypto Market. But first to our top story, it is big techs turn, facebook, tesla, alphabet, all reporting secondquarter earnings. Amazon and alphabet reported results thursday. For alphabet it was all about sales and regulation. Our guests weighed in. If you look at the way google gets revenue, about 85 of revenue at google is coming in from the ad business. I think, given the competition they will be facing, you do not want to be in a spot where you have north of 80 of revenue coming from advertising. So i think that they are going to place a bigger emphasis on the Cloud Business. How much success are they going to have . It is hard to say. They have not been able to get out of that third slot, as you have said. They are facing massive competition against microsoft and amazon, who have had a lot of success

Transcripts For BLOOMBERG Best Of Bloomberg Technology 20240714

Concerns. And the proclaimed arrogance of Silicon Valley. Ripples ceo has called Facebooks Libra pitch to lawmakers somewhat sumptuous presumptuous. We asked how it is impacting the broader Crypto Market. To our top story, facebook, tesla, alphabet, all reporting secondquarter earnings. Amazon and alphabet reported thursday. For atbat, it was about sales and regulation. Two guests waited. Weighed in. 85 of revenue in google is from the ad business. I think that given the competition they will be facing, you do not want to be in a spot where you have north of 80 of revenue coming from advertising. So i think they will place a bigger emphasis on the cloud. Usiness how much successful they have . They ared to say facing massive competition against microsoft and amazon who have had a lot of success and put significant dollars so i think it will be something that is hard to get out of there but still out of. But still a significant part. Emily they did by look or earlier this year and i ask

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