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Bloomberg Tech

Meta and Apple Hand Over Data to Hackers

Bloomberg Tech

Bloomberg

Tech News, News, Business News

4.470 Ratings

🗓️ 31 March 2022

⏱️ 40 minutes

🧾️ Download transcript

Summary

Bloomberg's Emily Chang breaks down the latest Bloomberg scoop on Meta and Apple and how they got fooled by hackers posing as law-enforcement. Plus, why Apple is now developing its own payment processing technology, and how Tesla managed to circumvent the nickel supply crisis.

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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 Bloomberg Live.com slash sustainable Biz Singapore.

0:28.0

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

0:37.0

this is Bloomberg Technology with Emily Chang in San Francisco and this is Bloomberg Technology coming up in the

0:58.8

next hour.

0:59.8

A Bloomberg scoop, hackers masquerading is law enforcement, tricked Apple and Meta into handing over

1:05.7

customer data.

1:07.2

We have all the details.

1:09.2

Plus, Apple is cutting out the middleman, the iPhone maker developing its own payment

1:13.7

processing technology, building a full in-house set of financial services offerings on

1:18.9

top of its Apple credit card and wallet. Bloomberg's Mark Germin will bring us his exclusive story.

1:25.4

And Tesla's hidden competitive advantage.

1:28.2

The electric carmaker made a secret deal to help dodge the nickel crisis.

1:32.8

Russia is one of the world's top suppliers.

1:35.8

Now to that Bloomberg exclusive, Bloomberg learning that Apple and Meta

1:39.9

provided customer data to presumed law enforcement

1:43.4

officials who were really hackers in disguise.

1:46.3

William Turton, our Bloomberg Cybersecurity

1:47.9

reporter joins us now.

...

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