And short form video startup quit be looking to raise another 500 million ahead of next years launch on top of the 1 billion it has already raised. Ceo meg whitman tells us how the servicele streaming will compete. First, major news out of apple. Apples chief designer, jony ive , longtime designer, is leaving the company to form a long time to form his own design company. Ive is responsible for the look of some of the iconic products including the iphone. We got a press release minutes ago from apple. There is a quote from tim cook is a singular figure in the design world and his role in apples revival cannot be overstated from 1988s groundbreaking imac and the iphone. To a certain extent, this is not incredibly surprising. Over the last couple of years, ive has sort of taken a step back from the public eye, from the day today in the design at apple. He was very focused on building apples new headquarters, its circular headquarters in cupertino, california. Cook goes onto to say apple
Strikes. Iran has a Cyber Strategy of its own. How they are attacking u. S. Banks online. The continued back and forth between beijing and washington has put text squarely in the crosshairs of the trade war, impacting Companies Like apple, huawei and more. A new article details how chinas tech sector is insulated from exposure to the u. S. On many fronts. China has seen a surge in chip imports. Now more than 300 billion. For more on the trade wars ongoing impact on tech in both countries, we spoke to bloomberg techs ian king and our Global Executive editor brad stone. Ian esoteric parts like broadcoms switch chip, more common parts like an intel microprocessor or an amd graphics chip, china really cant replicate those yet. They have been trying for years and it just has not come close. Emily why not . Ian it is difficult. When you are arranging tens of billions of transistors on something the size of a postage stamp, you kind of have to know what you are doing. And making them costs so
Drone, and the Trump Administration responds with a cyber attack. But iran has a Cyber Strategy of its own. How they are attacking u. S. Banks online. First, to our top story, the continued back and forth between beijing and washington has put tech squarely in the crosshairs of the trade war, impacting Companies Like apple, huawei, and many more. A new article in Bloomberg Businessweek details how chinas tech sector is mostly insulated from exposure to the u. S. On many fronts, but there is one area where it is still dependent semiconductors. Over the last decade plus, china has seen a surge in chip imports. Now more than 300 billion. For more on the trade wars ongoing impact on tech in both countries, we spoke to Bloomberg Bloomberg techs ian king and our Global Executive editor brad stone. Ian esoteric parts like broadcoms switch chip, more common parts like an intel microprocessor or an amd graphics chip, china really cant replicate those yet. They have been trying for years and it
About industry issues. We are going deeper than normal and i think that is good. We encourage that. There is always politics in the background steady. , you need to keep going plus, facebook reveals the project that goes beyond social. The coo says the company is ready to embrace it. Companies like ours should not make as many decisions as we do, we know that. It is all straight ahead on bloomberg best. Emma hello and welcome. This is bloomberg best, your weekly review of the most important Business News and interviews from Bloomberg Television around the world. Lets start with the day by day look at the top headlines and last weeks protests against an extradition law in hong kong continue over the weekend. The government responding to extreme public pressure. Hong kongs leader made a rare apology over her proposed extradition bill, this after hundreds of thousands of protesters took to the streets for a second sunday in a row. The government suspended the bill saturday, but that did n
About industry issues. We are going deeper than normal and i think that is good. We encourage that. There is always politics in the background steady. , you need to keep going. Plus, facebook reveals the project that goes beyond social. The coo says the company is ready to embrace it. Companies like ours should not make as many decisions as we do, we know that. It is all straight ahead on bloomberg best. Emma hello and welcome. This is bloomberg best, your weekly review of the most important Business News and interviews from Bloomberg Television around the world. Lets start with the day by day look at the top headlines and last weeks protests against an extradition law in hong kong continue over the weekend. The government responding to extreme public pressure. Hong kongs leader made a rare apology over her proposed extradition bill, this after hundreds of thousands of protesters took to the streets for a second sunday in a row. The government suspended the bill saturday, but that did