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Bloomberg Tech

Meta's Earnings and Musk's Twitter

Bloomberg Tech

Bloomberg

Tech News, Business News, News

4.469 Ratings

🗓️ 27 April 2022

⏱️ 41 minutes

🧾️ Download transcript

Summary

Bloomberg's Emily Chang breaks down Meta's earnings revealing Facebook adding more users than projected in the first quarter, and takes another deep dive at the future of Twitter under Elon Musk ownership with one of Twitter's founding members. 

See omnystudio.com/listener for privacy information.

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,

0:35.0

in Silicon Valley and beyond, this is Bloomberg Technology

0:40.0

with Emily Chang. I'm Emily Chang in San Francisco and this is Bloomberg Technology coming up in the

0:58.4

next hour a big post earnings pop for Meta in sharp contrast to its plunge last quarter will discuss how

1:05.0

Facebook is holding on to its users. Plus we'll talk to Jason Goldman. He was

1:10.4

part of the founding team at Twitter and an early board member.

1:13.6

What does he think about Elon Musk swooping in in his version of free speech?

1:17.8

Goldman joins us this hour.

1:20.0

And we'll talk to the co-founder and CEO of 23 and me and Wijitsky about their new play in telehealth,

1:25.7

progress on drug discovery, and her vision for building a health care company unlike anything

1:31.1

we've seen before.

1:32.4

We will get to all of that in a moment,

1:33.7

but first big tech earnings continue.

1:35.8

Meta and Qualcomm out.

1:37.6

I want to stay with Meta and bring in Angela Zino

1:40.2

of CFRA.

1:41.5

So this after Facebook daily users declining for the first time in a

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