Paramount and Skydance Revive Deal, Apple and OpenAI's Relationship Deepens

Bloomberg Tech

Bloomberg

Tech News, Business News, Business, News

4.5 • 49 Ratings

🗓️ 3 July 2024

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Bloomberg's Caroline Hyde breaks down the news that Paramount and Skydance reached a merger agreement after collapsing last month. Plus, Apple and OpenAI deepen their relationship as the iPhone maker gets an observer role on the AI company's board.

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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 Edna Ludd Lo. I'm Caroline Heide in Bloomberg's world headquarters in New York.
0:57.0	Ed Ludlow, he's off. This is Bloomberg Technology.
1:00.0	Coming up, Paramount and Sky Dance, reach a merger agreement after collapsing last month.
1:05.5	Full coverage ahead.
1:06.8	Plus, Apple and Open AI deepen their relationship
1:08.9	as the iPhone maker gets an observer
1:10.7	on the company's board and will turn to the intersection of health and
1:14.5	technology as we sit down with the CEO of Sanofi. But first quick check on on
1:19.2	these markets because even without the play of NVIDIA,
1:23.0	we're managing to break new records.
1:24.5	We're currently up 3 tenths of a cent on the NASDAQ up 59 points.
1:27.6	You're looking at the 10-year yield screeching down some nine basis points.
1:30.5	Why?
1:31.5	Well, the bad news is good news.
	...

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