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Transcripts For BLOOMBERG Bloomberg Technology 20240714

Departmentstice launches its own facebook probe as the social network is the focus of a federal trade commission investigation. Story,st to our top peloton falling 9. 5 percent after raising more than 1 billion in its u. S. Ipo. It is the latest unprofitable startup to struggle in its trading debut, but the ceo john foley remains upbeat about pelotons future. He spoke with jason kelly at the nasdaq. We are playing the long game. Millionsis as building and millions of subscribers around the globe in the coming years. Now we have the money to do that. After fully funded todays primary, so we are feeling confident. When you think about the last couple of days and weeks, you mentioned the market. It is a tricky ipo market, to say the least. Do you have a sense of where the miscalculation was . Fundraiser a eigth fundraiser. There are people who believe, and those who dont. Those who have invested in peloton, they have been very, they will invest in us. You mention fully funded. What will y

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Transcripts For BLOOMBERG Bloomberg Technology 20240714

An antitrust probe overload. The u. S. Justice department launches its own facebook probe. This, as the social network is already the focus of a federal trade commission investigation. But first to our top story, pellet gun falling as much as 9. 5 after raising more than 1 billion in its u. S. Initial public offering. It is the latest unprofitable startup to struggle in its trading debut, but the ceo john foley remains upbeat about pelotons future. s jason with Bloomberg Kelly at the nasdaq. John we are playing the long game. We see this as building millions and millions of subscribers around the globe in the coming years. Now we have the money to do that. We are fully funded after todays primary, so we are feeling confident. Jason when you think about the last couple of days and weeks, you mentioned the market. It is a tricky ipo market, to say the least. Do you have a sense of where the miscalculation was . Or if there was one . My eights is fundraiser for appellate on. It is a funny

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Transcripts For BLOOMBERG Bloomberg Technology 20240714

Cars. First, twitter says it has found and deleted more than 1000 fake accounts created by the Chinese Government used to undermine the hong kong protestant hong kong protests. Facebook said it also acted on a tip from twitter, finding some fake accounts. They say they will no longer accept advertising from state backed media worldwide. We are joined by a fellow from new america and in washington, brett, who set up the first tax first task force to counter disinformation in the white house. Sarah, what exactly do we know . Sarah they are finding these coordinated efforts from china trying to discredit the protesters, calling them violent, saying what they are doing is maybe backed by western resources, just trying to cause tension within the group. Emily twitter says it kicked off 936 accounts. Facebook, seven pages, three groups. We have statements from both companies. They said, overall, these accounts were attempting to sow discord in hong kong. Facebook saying, although the people

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Transcripts For BLOOMBERG Whatd You Miss 20240714

America discuss migrants. What mcaleenan called for he described as concrete International Actions investigations and in traditions. Panama has been the bridge for migrants seeking to reach the u. S. Border. It is also a route for cocaine moving up from south america. Emmanuel macron gave Boris Johnson little hope he is winning to compromise on brexit. Macron told the british Prime Minister that any changes to the current deal will not be very significant. Johnson is demanding the eu scrap the backstop, the mechanism designed to keep the irish border free of checks. That is a key part of the agreement. The two men met in paris. Jeremy corbyn meantime says he will do everything he can to prevent the u. K. From leaving the eu without a deal. That includes calling a noconfidence vote in Prime Minister johnsons government. And if it succeeds, competing in the ensuing general election with a pledge to hold a Second Public vote on brexit. I agree with president macron. The question of the ar

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