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Transcripts For BLOOMBERG Bloomberg Technology 20240714

Billion fine on facebook. Trumps topjob as spy. What that could mean for National Security. Xecutive shakeup at lyft chief Operations Officer jon mcneill is leaving after joining last year from tesla. Founders say they wont hire a replacement. Why is he leaving . Mark that is a very good question that we dont quite have the answer to yet. It is an intriguing situation. He didnt even last two years. Wheres also a situation you are a very experienced executive coming in with a mandate to oversee operations but you also have two founders of the company and you have ideas of how the company should be operating. We note in the story that his , came from and coo amazon, didnt last three years. There are questions about whether they could sustain somebody in that role. It may be telling that they dont plan to hire another coo. Emily lyft shares are down. What is the plan . They will have to outline that. Profitobably wont have but they will have to disclose in a week and a half. The plan is t

Transcripts For BLOOMBERG Bloomberg Technology 20240714

What that could mean for National Security. But first, to our top story. Executive shakeup at lyft. Chief Operations Officer jon mcneill is leaving after joining last year from tesla. He served as president of global sales and service at tesla. The lyft founders say they wont hire a replacement. Why is he leaving . Mark that is a very good question that we dont quite have the answer to yet. It is an intriguing situation. He didnt even last two years. He was in one of the most highprofile positions at the company. This is also a situation where you are a very experienced executive coming in with a mandate to oversee operations but you also have two founders of the company and you have ideas of how the company should be operating. We note in the story that his predecessor and coo, came from amazon, didnt last three years. There are questions about whether they could sustain somebody in that role. It may be telling that they dont plan to hire another coo. Emily lyft shares are down. What

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