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BLOOMBERG Bloomberg Technology July 13, 2024

Shares are down in after hours trading. We will have a report. And, libra grilling. Facebook Ceo Mark Zuckerberg is anticipated to face lawmaker questions on the social networks controversial cryptocurrency on wednesday. We cover what to expect. First, our top story. Snap fell as much as 10 in late trading after reporting thirdquarter earnings. The Company Reported revenue and user growth beating analyst estimates. It has been boosted by an increase in downloads to the revamped android version. But questions remain about longterm monetization. To break it down for us, i want to bring in Jitendra Waral from bloomberg intelligence. First lets talk about the third quarter, daily active users. I have a chart here that i am showing in my terminal. Seems like those daily active users knocked it out of the park. Jitendra ....

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BLOOMBERG Bloomberg Technology July 13, 2024

And, libra drilling. Facebook Ceo Mark Zuckerberg is anticipated to face lawmaker questions on the controversial cryptocurrency on wednesday. We cover what to expect. First, our top story. In latel as much as 10 trading after reporting thirdquarter earnings. Revenue and user growth beat analyst estimates. It has been boosted by an increase in downloads to the revamped android version. Questions remain about longterm monetization. Someone fromng in bloomberg intelligence. I have a chart here that i am showing in my terminal. Seems like those daily active users knocked it out of the park. Were prettys strong. Q4 guidance fell short. The stock is up 154 year to date. Evaluation, to sustain that valuation level, it fell short. The user number is the hardest one to really beat. Everything else is in their control. Monetization, cut costs if they want, but the user growth is the harder metric. The fact that they are projecting bett ....

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BLOOMBERG Best Of Bloomberg Technology July 14, 2024

And fedex drops amazon. The delivery giant says it will not renew its contract as the online retailer expands its own shipping and logistics game. We talked to one of the Founding Members of fedex ground. First, uber came out with secondquarter results, investors looking for signs they will eventually become profitable. Did they succeed . I asked our guests. We see multiple ways that management can move towards profitability. We see nearterm drivers in the form of reducing driver and rider promotions and incentives. We also think they are things the Management Teams can do in terms of reducing market expenses and insurance costs to help move the company toward profitability in the near to midterm. Longerterm, we see additional upside in the move toward autonomy as being a key component in reducing costs and moving companies more toward profitability. Emily except that auton ....

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BLOOMBERG Best Of Bloomberg Technology May 1, 2017

Of britains financial commitments, a guarantee of rights for e. U. Citizens in the u. K. , and the resolution of the border between Northern Ireland and the republic. The am very clear that up end of negotiations, we need to be clear not just about the brexit negotiation, how we withdraw, but what our future relationship will be. These negotiations are going to be tough. I want to ensure that we are free on a trade deal and our withdrawn arrangement so we know what both of those are when we leave the European Union. Yousef less than a week to go in the french president ial campaign. It Marine Le Pen appears to have taken a step back from her euro exit policy. There is no rush. She later told a newspaper that the euro is dead, but she wants to bang currencies. One for daily use by the population and one for international ....

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BLOOMBERG Best Of Bloomberg Technology May 1, 2017

Of britains financial commitments, a guarantee of rights for e. U. Citizens in the u. K. , and the resolution of the border between Northern Ireland and the republic. The am very clear that up end of negotiations, we need to be clear not just about the brexit negotiation, how we withdraw, but what our future relationship will be. These negotiations are going to be tough. I want to ensure that we are free on a trade deal and our withdrawn arrangement so we know what both of those are when we leave the European Union. Yousef less than a week to go in the french president ial campaign. It Marine Le Pen appears to have taken a step back from her euro exit policy. There is no rush. She later told a newspaper that the euro is dead, but she wants to bang currencies. One for daily use by the population and one for international ....

New York , United States , United Arab Emirates , Northern Ireland , United Kingdom , City Of , San Francisco , Puerto Rico , Hong Kong , Theresa May , John Legere , Edward Markey , Melissa Parrish , Bloomberg Lulu Chen , Cory Johnson , Los Angeles , Mike Bailey , Harry Krugman , Tom Mackenzie , Jeff William , Yousef Gamal El , Peggy Whitson , Caroline Hyde , David Solomon , Ruth Porat , Free Trade ,