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Bloomberg Tech

Montana Bans TikTok and Alibaba's Spinoff

Bloomberg Tech

Bloomberg

Tech News, News, Business News

4.470 Ratings

🗓️ 18 May 2023

⏱️ 43 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde dives deeper into the legal and logistical implications of Montana's TikTok ban, the first US state to do so across all phones. Plus, Alibaba plans a spinoff for its cloud business. 

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Join Stacey Abrams, Leib Shriver, Gina McCarthy, and more of the planet's environmental

0:06.2

leaders and problem solvers for the Bloomberg Green Festival in Seattle, July 10th to the 13th.

0:12.8

Title sponsor Amazon, Official Airline, Alaska Airlines.

0:17.6

Supporting sponsor, Providence.

0:19.9

Contributing sponsor, Wareyerhauser.

0:22.6

Get 40% off using promo code Radio 40

0:26.0

at Bloomberg Live.com slash Green Festival.

0:31.6

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

0:37.0

this is Bloomberg Technology with Caroline Hyde and Edla Lo Loa. I'm Caroline Hyde at Bloomberg's world headquarters in New York and

0:57.8

Ludlow is off on a well-earned vacation. This is Bloomberg technology.

1:01.4

Coming up, Tik-Tok banned in Montana.

1:05.0

It marks the first US state to sign a law banning the social media app across all phones.

1:10.0

We'll discuss the legal and logistical implications of the move.

1:13.8

Fast in today's VC spotlight, we speak with an early AI investor.

1:18.0

Serra Go, the founder of the VC firm Conviction and former general partner at Greylock and we bring you all the

1:24.3

tech stocks moving on earnings we take a deep dive into Alibaba as the e-commerce

1:28.0

giant Hansa's spin-off for its cloud business and much more first let's check

1:31.9

in on these public markets because once

1:33.8

again there's real risk on sentiment around the NASDAQ. We're off more than a

1:37.5

percentage point at the moment to the races, 134 points to the upside, maybe a bit of

1:41.6

relief, it seems as though maybe that debt ceiling

1:43.6

debacle were inching closer to some sort of respite to that. But of course, though, have a strong

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