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Transcripts For BLOOMBERG Best Of Bloomberg Technology 20240713

Against goldman. We will bring you goldmans quick response. Return of the mac. Apple introduced the 16 inch macro per, starting at 2400. Disney was the big winner of the week, signing up 10 million customers in one day for its service. Despite technical glitches upon mines. Disney plus became available on tuesday in the u. S. And canada. The original goal was 90 million subscribers in five years. It is poised to reach that goal sooner. I got the latest from chris palmeri. Perspective,s in hbo now, cbs all access, espn plus, a lot of these guys have been in business for a few years and none of them hit 10 million. Disney did it in a day. Go back to 1974, this is peak disney. The technical see glitches. We can shrug those off. That is what disney was saying. Were knew how many people trying to sign up, we could not plan this. They had an incredible deal with verizon between acacia and where 19 million customers could access the service for a year for free. Even the free customers, disney

Transcripts For BLOOMBERG Whatd You Miss 20240713

Average volume for the last 30 days. That is pretty much the scene all around the world. Of course, we saw some selling overnight. Caroline even with dollar weakness. Joe also, of course, it will be interesting to see what the bond market does tomorrow. Tooline lets track out abigail. Abigail stocks might not be doing much here in the u. S. But where we did have some action, the british pound against the dollar. Its best day in about a month on hopes that a brexit deal will get done. Lets put this in the context of a longterm chart we have not looked at for a while. This goes back all the way to 1970 at the high, closer to 260 at the lows. In 2009 orhigh, back so, above two dollars. Of course, over the last few years, fears that a hard brexit would happen, we see it going down to 1. 20. This pattern happens as the bulls are stepping up. Gocould possibly see it toward the middle of that, 1. 44. All of this may just suggest that some of the big dollar bears out there could be right becau

Transcripts For BLOOMBERG Bloomberg Technology 20240713

And, allegations of sexism. Steve wozniak among those complaining of gender bias for the new apple credit card and Goldman Sachs. First, to our top story. Wework ceo search is said to include tmobile ceo john legere. Ties toere has softbank. This comes at the same time as legere is pushing for a merger with sprint, also with softbank. As we reported this morning, it seems like he is one of several names up for consideration for a ceo search wework. Is something that has kind of been percolating. Again, this may be a sign of softbank pulling the strings. They have strong ties over john legere. Twist, ties with the executive chairman who is a former sprint leader and someone who in the past has sparred publicly at times with john legere over Telecom Industry beefs they had. Theof them even called other a conman on twitter. Kurt what has been going on at wework on the executive front . Ellen it has been a long six weeks. ,september, coceos they come onto take the reins. Pretty quickly, so

Transcripts For BLOOMBERG Bloomberg Technology 20240713

Media giantal disney beats Fourth Quarter bottomline estimates. We will break down the results ahead of disneys highly anticipated streaming platform debut. Stories. R top facebook continues to struggle to read and trust over how it handles user data. That has become more complicated. There has now been a leak of internal documents suggesting business considerations outweighed those privacy concerns. It is something facebook publicly touted when it decided five years ago to cut off tens of thousands of developers from its platform. To discuss, im joined by Bloomberg Technologys sarah frier and ben brody in washington. Let me start with you, sarah. You covered this story. What do we know from these documents . Reporter the documents give us this interesting internal picture in a way we really havent seen before of how these decisions are made and the difference between how they are discussed internally and how the company explains them externally. And internally, they are saying we need

Transcripts For BLOOMBERG Bloomberg Technology 20240713

Zuckerberg describes libra as complex and risky. More on his testimony effort of a House Committee wednesday on capitol hill. Plus, tesla reports Third Quarter earnings and shares spiking on a surprise profit. We have the latest. And cloud carries clout. Microsoft First Quarter revenue beats the highest analyst estimates. Demands come in strong but may be waning. We will explore. First, to our top story. Facebook Ceo Mark Zuckerberg fielded questions from the House Financial Services committee on merits of its plan to establish its own digital money called libra. While he struggled to convince them of facebooks plan, he did share one major view with lawmakers. Mark this project is too big for any one company to do on its own, which is why we set up this independent Libra Association with other companies and nonprofits. It is a very complex project. As you say, it is risky. Taylor for more, we head to washington, where our own kurt wagoner was standing by. Whats your first takeaway . Ku

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