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Bloomberg Tech

Netflix's Bet on Ads and Bitcoin Rewards

Bloomberg Tech

Bloomberg

News, Business News, Tech News

4.469 Ratings

🗓️ 13 October 2022

⏱️ 46 minutes

🧾️ Download transcript

Summary

Bloomberg's Emily Chang breaks down the Netflix's latest move: an ad-supported plan that will launch in November. Plus, a look at the bitcoin shopping rewards app Lolli, and Apple's continued FinTech push.

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.

0:35.0

From the heart of where innovation, money and power collide, in Silicon Valley and beyond, this is Bloomberg Technology

0:41.0

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

1:00.4

next hour. What's old is new.

1:03.4

And that goes for Netflix, which is starting to look

1:06.0

a lot more like traditional cable,

1:08.1

as it announces its ad supported plan

1:10.6

to launch in November details this hour.

1:13.0

Plus now you can turn any credit or debit card into a

1:17.0

Bitcoin rewards card thanks to the rewards app lowly.

1:20.0

We'll talk about the company's mission to make Bitcoin more accessible to all with CEO Alex Adelman and investor Alexis O'Hanean.

1:29.0

And Apple card users can see rewards automatically deposited into new accounts thanks to its extended partnership with Goldman Sachs.

1:38.0

We'll talk about Apple's continued FinTech push.

1:41.0

All that in a moment, but first stock surging, roaring back

1:44.3

from that sell-off sparked by hot inflation numbers.

1:46.7

How to Tech Fair?

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