Bad Week for Tech Stocks and Grindr's New CEO
Bloomberg Tech
Bloomberg
4.4 • 70 Ratings
🗓️ 16 September 2022
⏱️ 40 minutes
🧾️ Download transcript
Summary
Bloomberg's Emily Chang breaks down why it was such a bad week for tech stocks, with the Nasdaq 100 seeing its worst five-day period since January. Plus, an exclusive conversation with Grindr's brand new CEO.
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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 collide, |
| 0:35.0 | in Silicon Valley and beyond, this is Bloomberg Technology |
| 0:40.0 | with Emily Jang. I'm Emily Chang in San Francisco and this is Bloomberg Technology coming up. |
| 0:59.3 | In the next hour it was a bad week for tech stocks that just kept getting worse. |
| 1:04.0 | From big names to small it was the worst five days for the NASDAQ since January |
| 1:09.3 | as investors wonder what the Fed does next. Plus, Grinder, the dating app focused on the LGBTQ |
| 1:16.7 | plus community has a new CEO, our conversation with George Arison, |
| 1:20.3 | as it readies for a public debut. |
| 1:23.0 | And bad news for Star Wars fans. |
| 1:25.0 | Disney has pulled the upcoming film Rogue Squadron |
| 1:29.0 | from its 2023 release calendar |
| 1:31.0 | how this will impact theaters globally this hour. |
| 1:36.0 | I am a hacker. |
| 1:37.8 | That is the Slack message that Uber employees received from an unknown source late Thursday, prompting the company to shut down its internal slack messaging as it investigates a massive cyber breach. This, according to the New York Times, my next guest Casey Ellis is the founder and CEO of |
| 1:54.6 | Bug Crowd, a Bug Bounty company that specializes in identifying errors or |
| 1:58.4 | vulnerabilities in other company software systems. He joins us now to break it all down so it sounds |
| 2:04.8 | pretty serious Casey I know there's a real fire drill happening inside |
... |
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