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Bloomberg Technology

World Economic Forum and Apple Vs. Supreme Court

Bloomberg Technology

Bloomberg

Tech News, Business News, Business, News

4.549 Ratings

🗓️ 16 January 2024

⏱️ 42 minutes

🧾️ Download transcript

Summary

Bloomberg's Ed Ludlow brings full coverage from the World Economic Forum as tech heavyweights descend on Davos. Plus, the US Supreme Court rejects Apple's bid for an Epic app store review.

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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.

0:30.0

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

0:35.6

This is Bloomberg Technology with Caroline Hyde and Ed Ludlow. Ahmed Lovello in I'm Ed Lovelo in San Francisco. Caroline Hidesoff this week. This is Bloomberg Technology.

0:58.8

Coming up on the program, full coverage from the World Economic Forum as Tech Heavyweights descend on Davos.

1:05.3

We hear from Sam Altman, Satia Nadella, Mark Beniof, and many more.

1:10.1

Plus the US Supreme Court rejects Apple's bid for an epic App Store review.

1:15.4

Details ahead on the decision that will likely affects billions of dollars in revenue for the iPhone

1:20.5

maker. And Microsoft is announcing the next phase of its co-pilot journey. We'll discuss the news

1:26.0

with Microsoft's Executive Vice President Youseth Medi. Welcome back after a holiday weekend here in the United States.

1:33.3

The big story is Apple.

1:34.8

This was the market mover and give them Apple's market cap

1:37.6

dragging indices to the downside.

1:39.4

So after by 1.7%, those declines have been deeper. The US Supreme Court rejecting Apple's appeal of an

1:47.3

appeals court decision earlier. An antitrust suit which challenges the app store. I want to bring in Bloomberg's Mark Germin,

1:53.8

our chief correspondent who leads our coverage of Apple.

1:56.9

And Mark, it's hard to understand the legalese here

2:00.1

because it's an appeal of an appeal.

2:02.1

But explain this morning's news to our audience

...

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