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Bloomberg Tech

Sam Bankman-Fried Guilty and Apple Takes a Hit

Bloomberg Tech

Bloomberg

News, Business News, Tech News

4.469 Ratings

🗓️ 3 November 2023

⏱️ 48 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow break down FTX Founder Sam Bankman-Fried's guilty verdict, and its impact on the crypto industry. Plus, Apple shares take a hit after the world's most valuable company warns of a sluggish holiday quarter and weakness in China.

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.

0:30.9

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 and Ed Ludlow. not low. I'm. I'm Caroline Hyde at Bloomberg's world's headquarters in New York.

0:57.0

And I'm Ed Lodlow in San Francisco. This is Bloomberg technology.

1:01.0

Coming up, the FTS founder, Sam Bangmanfreed is found guilty in his fraud trial.

1:06.0

Now facing decades in prison.

1:08.0

We'll break down the decision to discuss what it means for the broader crypto industry.

1:12.0

Plus Apple shares taking a hit. it means for the broader crypto industry.

1:13.0

Plus Apple shares taking a hit after the world's most valuable company warns of a sluggish

1:18.0

holiday quarter and some weakness in China.

1:21.0

We have full coverage ahead. And we'll have an exclusive interview with the CEO of Zemans as the company invests half a billion dollars in new U.S.

1:28.6

manufacturing.

1:29.6

But first, let's check out these markets.

1:31.6

It is a macro picture. One of a cooling jobs market, which

1:35.6

means maybe we're in Goldilock scenario. People buy on the fact that maybe the Federal Reserve

1:40.3

can indeed rest on their laurels for a little bit now.

...

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