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 Emily Chang. I'm Emily Chang in San Francisco and this is Bloomberg Technology.

Coming up in the next hour, Meta Falls after reporting

and add pullback will hurt the bottom line.

And the division that's building the metaverse

reality labs lost $2.8 billion in the quarter.

We will discuss.

Plus, the Senate passes a bill to reinvigorate the US chip industry.

But PC sales are slowing as consumers get out of this pandemic mindset.

How will this change?

How Silicon Valley does business abroad?

We'll discuss.

And more bad news for coin-based, Kathy Woods Arc just sold $75 million in shares

after the SEC announced an investigation

into trading activity.

So why are shares up double digits?

...