Join global business leaders and investors at the Bloomberg Sustainable Business Summit, returning to Singapore on July 31st.

Take part in solutions driven discussions on how to drive business value and unlock opportunity

while remaining nimble in times of change and greater ESG accountability.

Learn more at Bloomberg Live.com slash sustainablebiz Singapore. That's Bloomberg Live.com slash Sustainable Biz Singapore.

That's Bloomberg Live.com slash sustainable Biz Singapore.

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 Check in San Francisco and this is Bloomberg Technology.

Coming up in the next hour, Tik-Tock is under fire over a challenge that involves cooking chicken with NyQuil.

We have the details on the stunt that led to a warning from the FDA.

Plus, Lair Hippo is looking for the next big thing. After closing $230 million in new funding,

I'll talk to Eric Hippo about their next move.

And first on Bloomberg outgoing CEO of Crack and Jesse Powell talks about why he is stepping down.

Also, we'll ask what he thinks about J.P. Morgan CEO Jamie Diamond calling crypto tokens

decentralized Ponzi schemes.

Turning to the two big stories regarding Tik-Tok,

the FDA has issued a warning that a new Tik-Tok challenge could be dangerous.

The so-called Sleepy Chicken Challenge is when people cook their chicken in my quill.

Meantime, Tik-Tok will ban fundraising and all other money-making opportunities for politicians and government accounts on the platform here to discuss.

Bloomberg's Alex Barinka, let's start with the challenge. How big did this would have to get for the FDA to weigh in?

It got big enough for parents and folks to complain,

which is typically what happens with these companies.

...