Coinbase in the UAE and Meta May End News in Canada
Bloomberg Tech
Bloomberg
4.4 • 70 Ratings
🗓️ 8 May 2023
⏱️ 44 minutes
🧾️ Download transcript
Summary
Bloomberg's Caroline Hyde and Ed Ludlow break down the latest on the regional banking crisis and the state of fundraising. Plus, what is driving Coinbase’s potential decision to set up an international hub in the United Arab Emirates and why Meta may end Facebook and Instagram News Content in Canada.
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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 collie in Silicon Valley and beyond, |
| 0:37.0 | this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. in Edla Lo Lo. I'm Caroline High at Bloomberg's world headquarters in New York. |
| 0:58.0 | And I'm Ed Ludlow in San Francisco. |
| 1:00.0 | This is Bloomberg Technology. |
| 1:01.0 | Coming up, we have got the latest on the health of the banking system and of course the |
| 1:05.2 | state of fundraising, which is owned by some key VCs from Fiat Ventures and Kostanoa Ventures. |
| 1:11.3 | Plus Coinbase weighing the United Arab Emirates for its international hub. |
| 1:15.0 | We hear from Coinbase CEO Brian Armstrong and what's driving that decision. |
| 1:19.0 | And we'll have the latest on Meta as of the social media giant may end Facebook and |
| 1:23.7 | Instagram news content in Canada and as the company vows to fight back |
| 1:28.1 | against the FTC of a children's data. Now as we dwell on that story around a publicly traded company, let's go more broadly |
| 1:35.0 | across the indices right now because some caution in today's trading, even though we've got |
| 1:38.9 | a lift in European trading and Asian trading. Today we just pull back a little bit in the Nasdaq off, six points were |
| 1:44.8 | basically flat on the day coming off of our lows. We're really though seeing some pressure |
| 1:49.0 | on the bond market. This is we not more focus on the Fed, but we actually focus on supply, on corporate bonds |
| 1:56.8 | being sold ultimately and a whole heft of them we're expecting some $35 billion towards |
| 2:01.1 | the rest of the week. |
... |
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