Surveillance: Big Tech Break Up Has Begun, Galloway Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 10 September 2019
⏱️ 37 minutes
🧾️ Download transcript
Summary
David Kirkpatrick, Techonomy Media CEO & Founder, says the arrogance of Silicon Valley is being broken already, with the help of Facebook's errors. Derek Halpenny, MUFG Head of European Global Markets Research, says the central bank easing course is "done and dusted." George Saravelos, Deutsche Bank Global Head of FX Research, says Europe is at a point with the ECB right now where "less is more." Nancy Ognanovich, Bloomberg Government Congressional Leadership Reporter, says we're looking at a 35% chance of another government shutdown this year. And Scott Galloway, NYU Stern Professor, warns of a consolidation of players in the streaming wars.
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| 0:58.7 | You see the reports this morning. |
| 0:59.8 | I'm sure many of you have. |
| 1:01.0 | Let me read it to you if you haven't according to people |
| 1:03.6 | with knowledge of the talks executives of we work and its largest investor |
| 1:07.4 | soft bank discussing whether to shelve the IPO plans they not discussing it with Goldman Sachs or JP |
| 1:13.9 | Morgan Chase right discussing it between themselves. |
| 1:16.6 | Oh really, I'll bet. |
| 1:18.6 | Let's bring in David Kirkpatrick, shall we, founder and CEO of Economy and I'm sure many of you have read his book, The Facebook Effect. |
| 1:25.0 | David, it's great to have you with us. |
| 1:27.0 | Just put into context what is happening here, some perspective around this company and the controversy surrounding it as they try and go public. |
| 1:36.0 | I would say the biggest picture context is that the we company or we work is not a tech company, |
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