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

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

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

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

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

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

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. head on low. I'm Scarlet Fu in for Caroline Hyde at Bloomberg World Headquarters in New York.

And I'm Alex Brinka in for Ed Ledlow in San Francisco.

This is Bloomberg Technology.

Coming up an escalation in the US-China tension as China bans microns chips on

cybersecurity risks. We'll bring you all the details. Plus a record fine for Meta.

The social media giant ordered to pay $1.3 billion to the EU

after regulators said it failed to protect personal information.

We'll break that decision down.

And Ford stepping up its electric vehicle output after reaching a series of deals to buy lithium from projects in Canada to Chile.

We're going to be hearing from the CEO later this hour.

But first we want to give you a check on markets and where things stand at midday here in New York.

It's very much a wait and see game when it comes to the broader equity market both on the debt selling

negotiations and what the Federal Reserve decides to do with interest

rates. Negotiating teams by the way are back at the table today in

Washington DC. However we do see the NASDAQ 100 leading the way.

Tech stocks continue to be the outperformers here.

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