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Transcripts For BLOOMBERG Bloomberg Daybreak Americas 20240713

Protesters brought the citys financial district to a standstill. Teargas disrupting the commute for a second consecutive day. Executive carrie lam says she still hopes district elections will be held as scheduled. We still hope we can hold the elections and try our very best to do so because it is an important election to respect and safeguard, but theres the issue of safety in order, so we have to work hard to satisfy these two requirements. Alix 20 meet on the phone from hong kong is karen joining me on the phone from hong kong is karen leigh. What happens next . Karen carrie lam urging order, and at the same time, we had two days of really jarring images and clashes, especially here in the financial hub. These arent images weve seen before. This feels like a bit of an escalation. This is something that led police this afternoon to warn that the city was on the brink of total breakdown. Carrie lam talking about how she still hopes district elections will be held in a couple of weeks.

Transcripts For BLOOMBERG Best Of Bloomberg Technology 20240713

In the latest Earnings Report . Details ahead. And twitter mrs. Thirdquarter revenue estimates. We find out why new user growth did not translate into ad sales. Facebook dominated of the week in tech with Mark Zuckerberg defending his social network before congress on wednesday. What was scheduled as a hearing on the Cryptocurrency Libra also included issues like antitrust and privacy. Is in a currency . Are you a bank . What is this association . It is a very complex project. And as you say, it is risky. Do you consider libra to be money . I consider to be a payment system. Its like me having my money in wells fargo bank. You could think about it that way. The we are not a bank or applying for a bank charter. That is the problem. Thats what were facing. We are not going to launch the system here or anywhere else around the world until we get approval from relevant egulators. The american competitiveness angle and cognition with china is a National Security issue. In china, especially

Transcripts For BLOOMBERG Best Of Bloomberg Technology 20240713

In the delivery payoff latest Earnings Report . Thirdquarterssed revenue estimates. Why Revenue Growth did not translate into ad sales. Facebook dominated the week with Ceo Mark Zuckerberg defending his social network before u. S. Congress on wednesday. Scheduled included a huge antitrust and privacy. What is this association. Its a complex project. Do you consider libra to be money . I consider it a Payment System. Its like me having my money in Wells Fargo Bank . You could think about it that way. We are not applying for a bank charter. That is the problem. Facing mywe are commitment is we are not going to launch the libra Payment System until we get the approval from federal regulators. Cooks the competition with china is a National Security issue. In china especially. They kicked off their Publicprivate Partnership in systemo raise to build a like this quickly. Will it be possible to conduct anonymous transactions . It is an open question. Its pretty hard to stop anonymous trading.

Transcripts For BLOOMBERG Best Of Bloomberg Technology 20240713

Did the ecommerce giants 800 Million Investment into one day delivery pay off in the latest Earnings Report . Details, ahead. And twitter misses thirdquarter revenue estimates. We find out why new user growth did not translate into ad sales. Facebook dominated the week in tech with Ceo Mark Zuckerberg defending his social network before u. S. Congress on wednesday. What was scheduled as a hearing on the Cryptocurrency Libra also included issues like antitrust and privacy. Is it a currency . Are you a bank . What is this association . It is a very complex project. And as you say, it is risky. Do you consider libra to be money . I consider libra to be a Payment System. So its like me having my money in wells fargo bank. You could think about it that way. Although, the we are not a bank, we are not applying for a bank charter. But that is the problem. That is the problem. Thats what were facing here. We are not going to launch the libra Payment System here or anywhere else around the worl

Transcripts For BLOOMBERG Bloomberg Daybreak Americas 20240713

Marketmoving news from all around the world. From beijing to london to istanbul and washington. Our bloomberg voices are on the ground with this mornings top stories. Worry going to start now in the middle east. Syria sending Government Troops to the north after u. S. Withdrew forces in the area. Mr. Erdogan is down playing the threat of an escalation. Whats happening in Northern Syria, whats the risk of a clash here . Reporter were hearing that Syrian Forces are teaming up with the kurdish rebels after the u. S. Allies abandoned them. And now theyre moving towards the Northern Syria where Turkish Military operation is taking place. However, turkish president has down played the risk of syrian and Turkish Forces clashing. Saying that the russians are mediating between the two nations. And weve just heard from the Turkish Defense minister. He says y. P. G. Kurdish militants have emptied a prison for isis suspects who then fleed. Now of course this is a very Troubling Development because

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