Changing Consumer Sentiment and TikTok's Chinese Influence
Bloomberg Tech
Bloomberg
4.4 • 70 Ratings
🗓️ 29 July 2022
⏱️ 44 minutes
🧾️ Download transcript
Summary
Bloomberg's Caroline Hyde, in for Emily Chang, breaks down the changing consumer sentiment and how the tech sector is trying to keep up. Plus, how the Chinese government tried to create a stealth TikTok account to promote propaganda in the US.
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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. |
| 0:24.0 | 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, |
| 0:38.0 | this is Bloomberg Technology with Emily Chang. This is |
| 0:59.0 | this is Brumberg Technology. I'm Caroline Hyde in New York in for Emily Chang. Coming up in the next hour, it's no longer full steam ahead for Silicon Valley. |
| 1:02.0 | Consumer sentiment is changing quickly. |
| 1:04.0 | Tech sector trying to keep up. We'll look at how Amazon and Apple really managed to win over these |
| 1:09.2 | obstacles. Plus the Chinese government tried to create a stealth Tik-Toc account to promote propaganda in the US. |
| 1:15.2 | Close to look at how Chinese state influence could be reaching younger generations. |
| 1:19.6 | And the FTC is signaling caution to big tech mergers, Chair Lena Khan, overruled her staff to sue |
| 1:26.0 | matter over its acquisition of a VR company, which wasn't necessarily an expensive deal to begin |
| 1:30.5 | with. |
| 1:31.5 | We'll discuss the aggressive tone this case is setting. We'll get |
| 1:34.8 | to all of that in but a moment but first. Let's look at Amazon proving its |
| 1:39.0 | e-commerce power and cloud computing businesses also helping turn out revenue that even consumers |
| 1:45.1 | the worry there about inflation couldn't offset. It gave revenue forecast of as |
| 1:48.6 | much as 17% growth in the current period. Really relieved investors and we saw it in the share price |
| 1:54.4 | reaction 2009 best months since 2009. Spencer Soper you've been covering it |
... |
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