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Bloomberg Tech

The FTX and BlockFi Deal, and Abortion Misinformation Online

Bloomberg Tech

Bloomberg

Tech News, News, Business News

4.470 Ratings

🗓️ 1 July 2022

⏱️ 42 minutes

🧾️ Download transcript

Summary

 Bloomberg's Ed Ludlow, in for Emily Chang, breaks down the latest in FTX signing an option to buy crypto lender BlockFi. Plus, doctors tell Bloomberg potentially deadly abortion advice is spreading online. 

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.

0:32.4

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

0:35.0

in Silicon Valley and beyond, this is Bloomberg Technology

0:40.0

with Emily Chang. This is Bloomberg Technology.

1:00.4

Coming up in the next hour hour a crypto sector shakeup.

1:03.8

FTX founder Sam Bankman Freed signing an option to buy

1:07.4

crypto lender BlockFi an exclusive conversation with

1:11.0

SPF and why he thinks there are synergies between the two businesses.

1:15.0

Plus, misinformation moment, one week on from the US Supreme Court overturning Roe v. Wade,

1:21.0

Doctors tell Bloomberg potentially deadly abortion advice is spreading online.

1:26.7

And Tesla Test, the EV makers expected to report quarterly production numbers this weekend. a hot streak of records is on the line

1:34.8

as Shanghai shutdowns and supply chain snags lead Wall Street to cut forecasts.

1:39.8

Let's continue the week, they switch to crypto FTX, sign an agreement with BlockFi today.

1:44.6

The deal includes an option to purchase the crypto lender for as much as $240 million.

1:49.5

Sam Bankmanfreed co-founder of FDX spoke exclusively with Bloomberg Shannali Bassack

1:54.4

about how the deal and the companies will align.

...

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