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Bloomberg Tech

Elon Musk's Fraud Trial and Ryan Cohen Best on Alibaba

Bloomberg Tech

Bloomberg

Tech News, News, Business News

4.470 Ratings

🗓️ 17 January 2023

⏱️ 41 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow break down how the Tesla CEO could lose billions in court over his infamous 2018 tweet over taking Tesla private. Plus, Ryan Cohen takes on Beijing with his latest bet on Alibaba; and Tinder and Hinge think users are willing to cough up big bucks. 

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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 world headquarters in New York.

0:46.0

And I'm Ed Ludlow in San Francisco.

0:48.0

This is Bloomberg Technology.

0:50.0

Coming up, the funding secured fraud trial.

0:52.6

Elon Musk could lose billions in court over his infamous 2018 tweet.

0:56.3

Jury selection is underway over an investor lawsuit after Musk claimed he had funding

1:00.8

to take Tesla private all that five years ago. And Ryan Cohen's

1:05.6

latest bet on Alibaba risks a clash with Beijing. We look into his requests and

1:10.8

investor activism in China.

1:13.4

Plus, Tinder and Hinge think users are willing to cough up big bucks.

1:17.8

We're talking up to $500 per month

1:20.3

for an elite membership subscription on dating apps.

1:23.0

Or we're going to have fun with that one, as you did on social media when we took a poll of your thoughts on it.

1:29.0

But first of almost, Elon Musk, set to be what a star witness at a jury trial that started Tuesday in

1:34.6

San Francisco federal court as you mentioned edits over his infamous tweets

1:38.3

just all that time ago four and a half years ago to be precise about a plan to

1:42.3

take the EV maker private with quote

1:44.8

funding secured.

...

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