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Bloomberg Tech

Alibaba's Trajectory and Apple's Card Debacle

Bloomberg Tech

Bloomberg

Tech News, News, Business News

4.470 Ratings

🗓️ 29 November 2023

⏱️ 42 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow break down why Alibaba Founder Jack Ma urged employees to correct the company's course. Plus, AWS CEO Adam Selipsky talks about the company's new chips, and Apple offers Goldman Sachs an exit ramp for its troubled card partnership. 

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Transcript

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0:00.0

Join global business leaders and investors at the Bloomberg Sustainable Business Summit, returning to Singapore on July 31st.

0:09.0

Take part in solutions driven discussions on how to drive business value and unlock opportunity

0:14.8

while remaining nimble in times of change and greater ESG accountability.

0:19.5

Learn more at Bloomberg Live.com slash sustainablebiz Singapore. That's Bloomberg Live.com slash Sustainable Biz Singapore.

0:23.7

That's Bloomberg Live.com slash sustainable Biz Singapore.

0:28.0

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

0:37.0

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. I'm Caroline Hyde at Bloomberg's world headquarters in New York.

0:58.0

And I'm Ed Lutlow in San Francisco.

1:00.0

This is Bloomberg Technology.

1:01.0

Coming up after staying out of public view for years,

1:04.9

Alibaba founder Jack Ma, he speaks out to his own employees urging them to correct the

1:09.0

company's course.

1:10.0

We'll have more on the e-commerce giant's plans to compete with rivals like PDD.

1:15.0

And we'll hear from Amazon Web Services CEO Adam Zalipski off the back of the company's

1:19.3

Reinvent Conference discussing AI, Invidia and a lot more.

1:24.0

Plus Apple offers Goldman Sachs an exit ramp for its Troubled Card Partnership.

1:28.0

We'll bring you those details so much more throughout the hour.

1:31.0

Let's just go to what this macro picture looks like. We're just looking through the bond market. much more

1:33.7

than throughout the hour.

1:34.7

Let's just go to what this macro picture looks like.

1:37.7

We're just looking through the bond market.

1:35.7

We're looking at the impact on the tech sector more broadly.

...

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