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From the heart of where innovation, money and power collide,

in Silicon Valley and beyond, this is Bloomberg Technology

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

Tech stocks turn sharply lower as the semiconductor slowdown takes the industry.

Down with it we're going to have more on the warnings from chipmakers and when we might see

a recovery. Plus the gig economy faces a new reality after the Labor Department proposes some gig workers

be classified as employees.

Sending shares of Uber down more than 15 percent, we're going to talk about what it means for Uber Lift, Door Dash, and more.

And we get a glimpse into Mark Zuckerberg's vision for the Metiverse. The company is leaning into the virtual workplace with new partnerships with

Zoom and Microsoft.

Zuckerberg also unveiling the new Quest Pro headset and showing off his avatar legs.

Hundreds of billions of dollars have been wiped off the chip industry following a worldwide drop in demand.

For reference, Taiwan Semiconductor, the most valuable chipmaker in the world,

suffering its biggest drop since 1994. For more, let's bring back our Bloomberg

Intelligence Senior analyst Wu Jin Ho, who's been of course following all the moves and chips.

...