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Bloomberg Tech

Protests at Apple Plant and Sam Bankman-Fried's Apology

Bloomberg Tech

Bloomberg

Tech News, News, Business News

4.470 Ratings

🗓️ 23 November 2022

⏱️ 43 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow discuss what led to violent protests at Apple's main iPhone plant in China. Plus, Sam Bankman-Fried's apology to FTX employees, and Elon Musk's second thoughts about Twitter's moderation council. 

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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.

0:23.7

That's Bloomberg Live.com slash sustainable Biz Singapore. I'm Caroline Hyde at Br's world headquarters in New York.

0:45.0

And I'm Ed Lovelo in San Francisco.

0:47.0

This is Bloomberg Technology.

0:49.0

Coming up, violent protests at Apple's main iPhone plant in China,

0:53.2

the latest on the Bloomberg scoop

0:55.1

that could impact sales ahead of the holiday season.

0:58.0

Plus, Sam Bankman-Freed says the FTX Empire quickly

1:01.3

went from $60 billion in collateral to $9 billion, according to an apology letter

1:06.6

to staff.

1:07.6

More on that and how SBF got his start on Wall Street.

1:10.9

And Elon Musk is having second thoughts about that moderation council after saying activists

1:16.0

broke the deal.

1:17.6

More on that and Musk's new trend of quoting, well, himself.

1:21.9

Meanwhile though, let's dig into what happened at the main iPhone

1:24.7

making plan in China is hundreds of workers clashing the security

1:27.8

personnel after almost a month under tough COVID restrictions. I'm pleased to

1:31.7

say Bloomberg's own Ian King is here for more

1:34.1

details and Ian you follow FoxCon in particular and well had this been

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