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Bloomberg Tech

Mixed Jobs Signals and Amazon's Cell Service

Bloomberg Tech

Bloomberg

News, Business News, Tech News

4.469 Ratings

🗓️ 2 June 2023

⏱️ 41 minutes

🧾️ Download transcript

Summary

Bloomberg’s Caroline Hyde and Ed Ludlow break down what hiring looks like within the tech sector amid mixed signals in the labor market. Plus, Amazon is in talks to offer mobile phone services to its prime customers.

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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.

0:24.0

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,

0:36.0

this is Bloomberg Technology with Caroline Hyde at Brum. I'm Caroline Hyde at Broomeg's world headquarters in New York.

0:57.0

And I'm Ed Ludlow in San Francisco.

0:59.0

This is Bloomeau technology.

1:00.0

Coming up, well some mixed signals in the labour market will break down what hiring looks like within the tech sector and speak to the CEO of Human Resources Platform, Athena.

1:10.0

Plus we get a peek inside the C-suite when it comes to the health of the tech industry and speak to the CEOs of Crowd strike and Z-scaler as those companies report earnings.

1:19.0

And Amazon in talks to offer mobile phone services to its prime customers.

1:23.4

We'll discuss what that means for the competition.

1:25.8

All that and so much more coming up.

1:27.7

I don't know if you saw the story coming out of, basically,

1:29.9

Bank of America once again showing us where the fun flows are going.

1:33.2

And Michael Hartnett's been just putting out note after note,

1:35.4

calling what he says is an AI baby bubble that we saw in the month of May.

1:39.8

But did you see the statistics in the last week of May, the money flowing in to technology a record

1:46.0

amount, $8.5 billion, that's EPFR global data.

1:50.3

Extraordinary and we know why, we know it's the AI bubble.

1:53.0

Well look there's this kind of FOMO element right but remember what we talked about with

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