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

this is Bloomberg Technology with Caroline Hyde and Ed Lud Love. I'm Caroline Heide in Bloomberg's world headquarters in New York.

And I'm Ed Ludlow in San Francisco. This is Bloomberg Technology.

Coming up, Disney's fight against activist Nelson Peltz,

but it steps up as it has a win of support of Value Act Capital for its board nominees.

We'll break down the latest.

Plus, Bitcoin reverses course and wipes out gains from this year as uncertainty lingers

around the SEC's E.T.F decision more details ahead.

And is 2024 the year US-China tensions finally hit Apple?

Yeah, we're going to dig into that big time later in the show.

The kind of main story on the public equity side is Disney.

Disney CEO Bob Iger has secured the support of Activist Value Act who will back

Disney's proposals for the board at the same time a very small activist

hedge fund Black Worlds Capital has some other proposals for board nominees, but is in line

with Bob Aiger. That support important because Bob Iger is trying to ward off Nelson Peltz and

Tree and Capital, another activist who have not been happy with

Disney's business performance over the last two years.

...