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Bloomberg Tech

Twitter Fallout and Rivian Job Cuts (Podcast)

Bloomberg Tech

Bloomberg

News, Business News, Tech News

4.469 Ratings

🗓️ 11 July 2022

⏱️ 42 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde, in for Emily Chang, breaks down the fallout from Elon Musk's decision to walk away from his Twitter deal. Plus, a look at Rivian's plans to layoff hundreds.

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

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

0:09.0

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

0:14.8

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

0:19.5

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

0:23.7

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

0:28.0

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

0:35.0

in Silicon Valley and beyond, this is Bloomberg Technology with Emily J. I'm Caroline Hyde in New York for Emily Chang and this is Bloomberg Technology.

0:58.6

Coming up in the next hour, Musk walks and Twitter at tanks.

1:01.9

We'll bring you the latest on the legal battle ahead.

1:03.8

What the future of the 44 billion dollar Twitter deal actually looks like.

1:06.8

Plus a slash in valuation for one of the Europe's most high profile startups, Klana,

1:11.1

being valued now at just 6.7 billion dollars, down from 45.6 billion.

1:16.0

Just one year ago, we talked to an investor in the company.

1:19.0

And a primetime shopping event.

1:20.6

Amazon kicking off its two-day shopping extra

1:22.6

on Tuesday.

1:23.6

How Prime Day could help Amazon's third-quarter

1:25.9

online sales gain.

1:27.0

Meanwhile, let's get back to the scene

1:29.0

being set for a disruptive legal battle

1:31.0

over the future of Twitter.

1:32.0

Shares of the social media platform falling after Elon Musk walked away from his $44 billion

...

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