UK's CMA on the Microsoft Deal and Big Tech's AI Safeguards
Bloomberg Tech
Bloomberg
4.4 • 70 Ratings
🗓️ 21 July 2023
⏱️ 40 minutes
🧾️ Download transcript
Summary
Bloomberg's Caroline Hyde breaks down the latest on Microsoft and Activision as UK regulators reject claims they're bowing to pressure to clear the deal. Plus, Big Tech commits to safeguards for AI at the White House's request.
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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 Edla Loa. I'm Caroline Hine at Bloomberg's world headquarters in New York. |
| 0:56.7 | Ed Ludlow, he's off. |
| 0:58.1 | Listen to Bloomberg technology. |
| 0:59.3 | Coming up, we'll have the latest on Microsoft and Activision |
| 1:02.0 | as UK regulators reject those claims they're |
| 1:04.8 | bowing to pressure to clear the deal or ahead. |
| 1:08.0 | Plus we'll talk AI regulation of big tech commits to safeguards for the technology that's at the White House's request. |
| 1:14.4 | We'll bring you the details. |
| 1:16.1 | And Bankrupt crypto exchange FTX sues San Bank when freed in executives over $1 billion in bad deals, |
| 1:22.2 | including a plan to buy an island nation. |
| 1:25.0 | But have more on the new loyalty and so much more throughout the hour. |
| 1:29.0 | Meanwhile, let's go across the pond in the UK,'s top antitrust enforcer is pushing back |
| 1:34.5 | against those claims that have been out there that it was kind of forced by |
| 1:37.9 | outside pressure to reconsider its veto of the Microsoft Activision Blizzard deal. |
| 1:41.3 | Here's the CMA, CEO, Sarah Cardle. the authority the deal we found that there were serious concerns in relation to |
| 1:53.7 | cloud gaming and the proposals that were put forward by Microsoft at the time |
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