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Bloomberg Tech

White House Tracking Apple Watch Case, ByteDance Sales Top $110 Billion

Bloomberg Tech

Bloomberg

Tech News, News, Business News

4.470 Ratings

🗓️ 20 December 2023

⏱️ 44 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde discusses how the White House may intervene in the ITC's ban on Apple's watches. Plus, TikTok parent ByteDance sees sales top $110 billion, taking on competitor Tencent. And, Tim Sullivan of Oceanic Partners offers his outlook for liquidity within private markets.  

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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.

0:23.7

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

0:28.0

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

0:37.0

this is Bloomberg Technology with Caroline Hyde and Edla Loa. Love. I'm Caroline Hine of Bloomberg's world headquarters in New York.

0:56.8

Ed Ludlow is off.

0:57.8

This is Bloomberg technology.

0:59.2

Coming up as Apple's smartwatch ban it looms, the White House is tracking the case with the potential to overall the import halt decision.

1:06.0

We'll break down the latest from Washington.

1:08.0

Plus, Bightdance sales reportedly surge this year to more than 110 billion dollars potentially overtaking

1:13.5

competitor 10 cent. We'll break down what it says about the state of

1:16.8

Tik-Tox e-commerce business and we'll discuss how hot or not the private

1:22.4

secretary market is while startup employees

1:24.8

and investors they seek to sell shares of their red-hot companies. But first

1:29.3

let's check in on these markets because still relatively hot when you're looking at the

1:33.2

Nasdaq we're still managing push up about a quarter of a percentage point in

1:36.1

fact Nasdaq 100 at another record high for markets they're also managing to rally

1:40.4

that everything rally is back upon us. We're still feeling that

1:43.4

some of the economic data is coming in strong, that consumer confidence building,

1:46.7

and indeed maybe the macro picture means that we'll be able to tame some of that

...

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