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Transcripts For BLOOMBERG Bloomberg Technology 20240713

Quarter earnings and shares a spiking on a surprise profit. We have the latest. Cloud carries clout did microsoft revenue beats the highest analyst estimates. Demands come in strong that it may be waning. We will explore. First, to our top story. Mark committee on merits of its plan to establish its own digital money called libra. While he struggled to convince them of the plan, he did share one major view with lawmakers. Too big forect is anyone company to do on its own which is why we set up this independent association with other companies and nonprofits areas it is a very complex project. As you say, it is risky. For more, we had to washington where our own reporter was at the hearing. Whats your first takeaway . People still do not trust facebook. That was the overarching theme from the questions we heard today. A lot of the feedback from members of congress was basically pointing out that things that facebook has done wrong in the past and asking given your track record, why shou

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