Amazon HQ2 Construction on Pause and Another Apple Exec Leaves
Bloomberg Tech
Bloomberg
4.4 • 70 Ratings
🗓️ 3 March 2023
⏱️ 43 minutes
🧾️ Download transcript
Summary
Bloomberg's Caroline Hyde and Ed Ludlow discuss Amazon putting construction of its second headquarters on hold following its biggest ever job cuts. Plus, a look at Apple's executive exodus with the person in charge of iCloud, iMessage and FaceTime now leaving too.
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Transcript
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| 0:00.0 | Join Stacey Abrams, Leib Shriver, Gina McCarthy, and more of the planet's environmental |
| 0:06.2 | leaders and problem solvers for the Bloomberg Green Festival in Seattle, July 10th to the 13th. |
| 0:12.8 | Title sponsor Amazon, Official Airline, Alaska Airlines. |
| 0:17.6 | Supporting sponsor, Providence. |
| 0:19.9 | Contributing sponsor, Wareyerhauser. |
| 0:22.6 | Get 40% off using promo code Radio 40 |
| 0:26.0 | at Bloomberg Live.com slash Green Festival. I'm Caroline Hyde and I'm Ed Lubbo both of us in San Francisco the final time this |
| 0:48.8 | week busy Friday this is Bloomberg Technology the markets risk on Friday, but headlines flying left right and centre. |
| 0:56.0 | And I tell you there's one asset class that is not risk on today too. |
| 0:59.0 | We'll dig into all of that first. Coming up, Amazon puts construction of its second headquarters on hold |
| 1:04.7 | following its biggest ever job cuts and Apple's executive exodus continues this |
| 1:10.0 | time is the person in charge of iCloud, iMessage and FaceTime. |
| 1:14.0 | And Silvergate struggle for survival. |
| 1:16.6 | It's weighing on overall crypto sentiment. |
| 1:18.8 | Bloomberg breaking the story that constructions being paused Caro in Virginia on HQ2, that second. that construction the 322 story towers really interesting. |
| 1:28.6 | Let's get into the detail. The person who broke the story, one, Matt Day is with us. |
| 1:33.4 | And just talk to us, Matt, about the importance of this second phase of the |
| 1:38.3 | construction, because it's actually the bigger part of the construction, right? |
| 1:41.8 | Yeah, that's right. |
| 1:42.2 | They're just now wrapping up the |
| 1:43.9 | construction of two 22-story towers that's the first phase it's basically |
| 1:47.2 | done Amazon moves there 8,000 workers in the area into those facilities this |
... |
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