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Transcripts For BLOOMBERG Bloomberg Technology 20240713

With the toll it is taking on the american economy. The president tweeting that he alone has the power to reopen the economy. States deathork toll numbers are flat, but at a horrific level according to governor cuomo. Unemployment numbers somewhere between the Great Recession and the Great Depression meantime, apple and google, two tech rivals teaming up in a massive project to help deliver Contact Tracing to americans and people around the world. The companies would Work Together to notify users if they come into contact with someone who tested positive for covid19. You just got off a Briefing Call with apple and google. Still a lot of questions about how exactly this will work. Fill in some of the blanks for us. Peoplehe big question, want to know, will i be notified if i crossed paths with somebody off the street or in a Grocery Store . This is something that will be developed over time. One suggestion eight on the to 10and the proximity up minutes, that would allow them to notify t

Transcripts For BLOOMBERG Bloomberg Technology 20240713

Is left unprotected on a google cloud server. We will speak to the hacker who discovered it. First, our top story. Elon musk unveiled teslas new cyber truck with stainless steel exterior and armored glass that is not supposed to shatter, but the demo didnt go as planned. Oh my god. Well. Maybe that was a little too hard. Taylor for more on the mishap and how shareholders reacted, i want to bring bloombergs ed ludlow who was at the event. Before we get into the pomp and circumstance, how was the cyber truck . It is the futuristic concept pickup truck that elon musk has been teasing for 12 months. It is exactly as he described. Think of the 1980s film called blade runner served in november 2019. It rolls out on stage, it is big, boxy and looks nothing like a conventional pickup truck. It is really impressive on paper. 060 in seconds, can tow 14,000 pounds, makes it competitive against traditional Combustion Engine pickups. On paper, it is this amazing thing. It is just that it is so diff

Transcripts For BLOOMBERG Best Of Bloomberg Technology 20240714

Adaptation. Imate bill gates wants to help invest nearly 2 trillion to help the world become more resilient. His thoughts on and dental solutions for Climate Change potential solutions for Climate Change. Wework was the roadshow that wasnt. Of the most anticipated debuts of the year is postponed until october. Theyre looking for time to calm investor doubts about its dropping valuation, governance problems and financials. Point, this was supposed to be a 47 billion company. That number is now 15 billion and could be even smaller. Joining me to discuss this was the cofounder and chief revenue en,icer at equity is an z a marketplace for preipo shares. Lot to address before they can go out to the investors and ask them for their they were looking for 47 billion and now we are hearing it could be as low as 12 billion to 15 billion. They have made a lot of changes to corporate governance, but investors are looking at valuations, whether they will improve financials, and whether more is need

Transcripts For BLOOMBERG Best Of Bloomberg Technology 20240714

We speak with the vp of augmented and virtual reality. And rapid climate adaptation. Billionaire bill gates wants to help invest nearly 2 trillion over the next decade to help the world become more resilient. His thoughts on and potential solutions for Climate Change. Wework, it was the roadshow that was not this week. One of the most anticipated debuts of the year is now postponed until october. The shared Office Space Provider is looking for time to calm investor doubts about its dropping valuation, governance problems, and financials. Remember that, at this was one point, supposed to be a 47 billion company. That number is now 15 billion and could be perhaps even smaller. Joining me to discuss this all was phil hazlett, cofounder and chief revenue officer at equity is zen, a marketplace for preipo shares. And bloombergs crystals the. They have a lot to address before they can go out to the investors and ask them for their money. Like you said, they were looking for a 47 billion valu

Transcripts For BLOOMBERG Bloomberg Technology 20240714

Missions. California vows to fight it with one official calling it the fight of a lifetime. Corporate ventures Data Analytics Company Enters the vc world. We will talk to their ceo. First our top story. Facebook has confirmed it will resume collecting and transcribing some user audio clips from its inhome video device portal. President their vice at the launch of a new generation of portable devices. Devicesees hardware and and facebook. Lets listen. We are so excited about our new products. They are oriented towards connecting people with what they love the most. These are designed to look like picture frames. They can fit into anyones home is easily and naturally as if it was a picture frame. It will even show pictures when it is not in use. Another cool thing you are launching is the tv portal. Yes that takes advantage of what is the biggest screen in most peoples homes, the tv. It turns it into an immersive video calling device. One thing that stuck out to me was a price the price

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