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Bloomberg Technology

White House Calls Out Amazon, SoFi CEO Weighs in on Earnings and Regulation

Bloomberg Technology

Bloomberg

Tech News, Business News, Business, News

4.549 Ratings

🗓️ 29 April 2025

⏱️ 46 minutes

🧾️ Download transcript

Summary

Bloomberg’s Caroline Hyde and Ed Ludlow dive into the White House calling out Amazon after reports that it would display the cost of US tariffs on products - which Amazon later denied. Plus, Spotify shares fall after giving a muted outlook for profit, and SoFi CEO Anthony Noto says the Trump administration’s regulatory reforms will allow the online bank to offer more products.

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Transcript

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0:00.0

Possibility surrounds us in digital innovation, evolving markets, and disruptive ideas.

0:05.0

And while promises can inspire dreams, proof is the catalyst for transformation.

0:10.0

NEY Consulting, technology unlocks value, it's data that sharpens your competitive edge,

0:16.0

and it's our deep sector insights that can navigate a pathway to real outcomes.

0:20.0

This is high-value transformation that drives real change and challenges competitors to keep up.

0:26.7

With EY consulting, it's about proof, not promises.

0:30.1

I'm Shinali Bassik, and I hope you'll join me alongside my co-host, David Inglis,

0:34.6

and many of Asia's most important institutional investors and money managers

0:38.7

at Bloomberg Invest Hong Kong, June 10th and 11. We'll discuss China's growing economic influence,

0:44.9

AI's use cases for financial services, recent shocks to the geopolitical status quo, and more with

0:50.9

financial newsmakers and dealmakers. Title sponsor InvestcoQQ.

0:56.1

Register now at Bloomberg Live.com

0:58.4

slash investHK.

1:02.3

Bloomberg Audio Studios,

1:04.8

podcasts, radio, news.

1:07.7

Innovation, money, and power collide.

1:10.7

In Silicon Valley and beyond, this is Bloomberg Technology with Caroline Hyde and Ed Ludlow.

1:18.2

Thank you. Live from New York and San Francisco, this is Bloomberg Technology.

1:35.0

Coming up, the White House takes aim at Amazon after a reported play to display the cost

1:41.7

of tariffs on certain products.

1:43.6

But the tech giant denies the move.

1:46.3

Plus, Spotify sees a surge in subscribers in the first quarter, but shares slide.

...

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