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BLOOMBERG Bloomberg Technology July 14, 2024

More details emerge about the antitrust probe into facebook, looking squarely at the social networks buys. And cloud wars. A new u. S. Defense secretary, mark esper, says he will review the pentagons 10 billion cloud contract and concerns it is getting an unfair advantage. This following President Trumps concerns. But first to our top story. President trump up ripley escalated his trade war with china thursday, tweeting during the talks, the u. S. Will start on super one, putting a small additional tariff of 10 on the remaining 300 billion of goods and products coming from china into our country. This does not include the 250 billion dollars already terrorist at 25 . This after failing to come to an agreement in recent talks in shanghai. Tech stocks including apple plunged on the news. Included tech goods including most of apples major products. Earlier, asked about if he is concerned about the reaction. Listens to what he had to ....

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BLOOMBERG Bloomberg Technology July 14, 2024

Will Congress Finally take action . First, shares of broadcom are tumbling after the chipmaker cut its fullyear revenue outlook. The outlook will be 22 billion in 2019, missing even the lowest analysts estimate. That also reported revenues that missed project since as it continues missed projections as it continues amid the chinau. S. Trade war. Huawei, accounting for 3. 5 of sales, is also a major supplier of chips to apple. Aey said we currently see slowdown in the demand environment, which we believe is driven by continued geopolitical uncertainties as well as the effects of export restrictions on one of our largest customers. Joining us to discuss his ian king with me here on set. Is ian king with me here on set. How much does this have to do , in huawei and china particular and at large . This Global Supply chain, even stuff they are selling that is not going into the c ....

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