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Bloomberg Technology

China Tech In Bear Market, Google's Chrome Future

Bloomberg Technology

Bloomberg

Tech News, Business, News

4.549 Ratings

🗓️ 22 November 2024

⏱️ 49 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde discusses the increasing pressure faced by Chinese tech names as the sector enters bear territory. And, what's next for Google's Chrome browser after the DOJ says it must be divested. Plus, Project Liberty on a potential opportunity to buy out TikTok.

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

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0:04.4

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0:41.4

Visit Bloomberg.com slash enterprise data to learn more.

0:46.2

From the heart of where innovation, money, and power collide in Silicon Valley and beyond.

0:51.9

This is Bloomberg Technology with Caroline Hyde and Ed Ludlow.

1:10.0

Live from New York, this is Blue Meg technology.

1:12.6

Coming up, Chinese tech stocks enter a bare market.

1:15.6

Baidu, PDD under pressure following earnings results.

1:19.1

Meanwhile, Amazon boosts its stake in Anthropic, investing another $4 billion in the Open

1:24.9

AI rival.

1:26.5

And the CEO of Binance discusses Bitcoin near $100,000

1:29.9

and the impact of a Trump White House. At first, we check on on these markets that

1:35.3

little bit of just caution and sensitive trading on the last day of the week. We're up a tenth of a

1:41.2

percent. And in fact, the NASDA 100 is at 1.8% for the last five trading days. We're making up some of last week's sell-off. And more broadly, we're up a tenth of a percent. And in fact, the NASDA is that 1.8% for the last

1:44.3

trading days. We're making up some of last week's sell-off. And more broadly, we are up for

1:48.7

the month of November. We're looking at the Golden Dragon over in China. We've seen that

...

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