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Bloomberg Tech

Uber CEO Khosrowshahi on Earnings, the Outlook for 'Everything' Apps & Venture Capital Investing

Bloomberg Tech

Bloomberg

Tech News, News, Business News

4.470 Ratings

🗓️ 1 August 2023

⏱️ 48 minutes

🧾️ Download transcript

Summary

Bloomberg's Ed Ludlow and Emily Chang sits down with Uber CEO Dara Khosrowshahi to discuss the company's earnings results. Deena Shakir of Lux Capital joins with her take on the state of venture capital investing. Plus, the CEO of Stocktwits look at Elon Musk's X Corp.'s ambitions to be an everything app. 

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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.

0:24.0

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

0:28.0

From the heart of where innovation, money and power collide in Silicon Valley and beyond,

0:37.0

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. in Edna Adler, Love. Ed Ludlowe low here in San Francisco.

0:57.0

Caroline Hyde is off today.

0:59.0

This is Bloomberg Technology coming up on the program full earnings coverage ahead as

1:03.0

Uber reports a surprise operating profit but misses on revenue estimates we sit

1:08.1

down with CEO Darakoshroshahi. Plus we'll look at competition in social media as Elon Musk's X

1:15.0

tries to become an everything app. We'll discuss with the CEO of Stocktwits.

1:19.0

And we'll get a read on private markets and the state of venture capital with our VC spotlight.

1:24.1

Dina Shakir of Lux capital joining us.

1:28.6

Quick check on the markets first.

1:30.0

This is the technology corners of your equity markets.

1:34.0

And as that 100, softer by 2 tenths of a percent.

1:37.2

We're kind of treading water at the moment

1:38.9

when it comes to the tech sector.

1:40.4

Think about that 2 percent gain we had on the Nasdaq 100 last week.

1:44.4

Some weaker earnings are driving the narrative.

1:46.7

Underperformance in the US listed shares of Chinese technology names,

...

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