Surveillance: Businessweek Scoop On China's Microchip Hack
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 4 October 2018
⏱️ 37 minutes
🧾️ Download transcript
Summary
We lead today's podcast with a Bloomberg Businessweek scoop: China used a tiny chip to infiltrate almost 30 U.S. companies. Then we turn to Tobias Levkovich, Citigroup Global Markets Chief U.S. Equity Strategist, who notes 75% of S&P revenues are U.S. driven. Max Baucus, Former U.S. Ambassador to China & Former Senator from Montana, says countries will have to reach agreements on technology or this will be "the Wild West." Louise Yamada, Technical Research Advisors, says we're now in a new raising rate cycle. Jordan Robertson, Bloomberg News Global Technology Reporter, breaks down his reporting on China's microchips. And Adam Segal, Council on Foreign Relations Digital & Cyberspace Policy Program Director, says this story will shape upcoming security discussions.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | On December 4th and 5th, against the backdrop of the United Nations Climate Change Conference, |
| 0:05.2 | Bloomberg Green will convene the foremost leaders in business, finance, policy, academia, |
| 0:10.3 | and NGOs for candid conversations focused on creating solutions to support |
| 0:14.9 | the goals set forth at COP28. Join our community of global influencers and |
| 0:19.5 | problem solvers in Dubai to build connections, inspire innovation, and challenge the status quo in the |
| 0:25.1 | battle against climate change. Register at Bloomberg Live. I'm Tom Keene. |
| 0:43.5 | Daily, we bring you insight from the best |
| 0:45.9 | in economics, finance, investment, |
| 0:48.1 | and international relations. |
| 0:49.8 | Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course, on the |
| 0:56.4 | Bloomberg. |
| 0:58.5 | The markets are going to be a big part of the conversation today as is a fantastic piece of |
| 1:07.0 | reporting from our colleagues over at Bloombow Business Week. |
| 1:10.4 | A special shout out to Jordan Robertson and Michael Riley as they reveal how China |
| 1:14.7 | used the smallest of chips in a hack that infiltrated some of the biggest companies in |
| 1:19.6 | America, the attack by Chinese spies, reaching almost 30 US companies by compromising America's technology supply chain |
| 1:27.7 | this all according to extensive interviews with government and corporate sources and I'm pleased to say Tom Keene we're |
| 1:34.0 | going to be talking about this a little bit later in the program so really |
| 1:37.2 | looking forward to doing that a little bit later right here on Bloomberg |
| 1:40.4 | Surveillance to get to the price action and what's happening in markets, I'm also pleased to say that |
| 1:44.4 | joining us here in New York is Tobias Aleftovich, Citigroup Global Markets, Chief U.S. |
| 1:48.9 | Equity Strategist. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.