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Bloomberg Tech

Spotify's Revenue Miss and Musk Weighs In on X

Bloomberg Tech

Bloomberg

Tech News, News, Business News

4.470 Ratings

🗓️ 25 July 2023

⏱️ 43 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde breaks down Spotify's second-quarter revenue miss and strong forecast for monthly active users. Plus, Elon Musk explains his decision to change Twitter's name and logo to X. 

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

The Bloomberg Sustainable Business Summit returns to Singapore on July 31st for solutions-driven discussions on unlocking growth in times of increased ESG scrutiny and competition.

0:12.0

Join global business leaders and investors

0:15.0

to drive innovation and scale best practices

0:17.7

in sustainable business and finance.

0:19.9

Learn more at Bloomberg Live.com

0:22.0

slash Sustainable Viziz Singapore.

0:24.3

That's Bloomberg Live.com

0:26.0

slash Sustainable Biz Singapore.

0:31.3

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 Edudlow. I'm Caroline Hyde at Bloomberg's world headquarters in New York.

0:57.0

Ed Ludlow, he's off today.

0:59.0

This is Bloomberg Technology.

1:00.0

Coming up full earnings coverage ahead. We wrap Spotify's results and push ahead to the all important alphabet, Microsoft and Snap.

1:07.5

Plus, what does Twitter's change to X mean for the company's brand value, we'll break down the potential implications.

1:15.3

And how is AI rewriting the rules for the $200 billion gaming industry?

1:20.3

We'll sit down with Super League Gaming CEO and a hand for her thoughts.

1:24.0

The first big week for earnings, what is 170 companies reporting this week,

1:28.0

but the two we want to keep an eye on today, Microsoft Alphabet.

1:31.0

There's also going to be Snapper's call as well. Let's dig into some of the key

1:35.0

AI plays with Anoragrana from Rheumberg Intelligence, who I'm pleased to say is on the all-important

1:39.9

week right here in the New York studio. And the rallies have been hard, what 45% at least for Microsoft so far this year.

1:47.0

The valuations must make a few people question whether they can live up to it.

...

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