Meta Platforms Inc. increased its spending estimates for the year and projected second quarter sales that were below Wall Street’s expectations, once again raising questions about whether its futuristic tech bets will pay off for investors. 

Bloomberg Radio hosts Carol Massar and Tim Stenovec speak with Bloomberg News contributor Jon Erlichman and Bloomberg Intelligence senior analyst Mandeep Singh for instant analysis and reaction.  

Meta Platforms Inc. increased its spending estimates for the year and projected second quarter sales that were below Wall Street’s expectations, once again raising questions about whether its futuristic tech bets will pay off for investors. 
Bloomberg Radio hosts Carol Massar and Tim Stenovec speak with Bloomberg News contributor Jon Erlichman and Bloomberg Intelligence senior analyst Mandeep Singh for instant analysis and reaction.

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology. You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

Instant Reaction: Meta's Outlook Spooks Investors

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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

The food industry is grappling with shortages and skyrocketing prices of whey protein, forcing some manufacturers to halt production or reformulate their products with alternative ingredients. Whey protein has become a star ingredient due to its complete protein profile and ease of use, but the supply chain is struggling to keep up with demand, with some suppliers already sold out for the remainder of the year. Companies are considering alternatives to whey protein, including milk protein concentrate and plant-based options like soy and pea, as price increases and tight supply continue to affect the industry.

For more on the show, Emily Graffeo and Tim Stenovec, spoke with Kristina Peterson is Bloomberg News Reporter covering the food industry.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. The food industry is grappling with shortages and skyrocketing prices of whey protein, forcing some manufacturers to halt production or reformulate their products with alternative ingredients. Whey protein has become a star ingredient due to its complete protein profile and ease of use, but the supply chain is struggling to keep up with demand, with some suppliers already sold out for the remainder of the year. Companies are considering alternatives to whey protein, including milk protein concentrate and plant-based options like soy and pea, as price increases and tight supply continue to affect the industry. For more on the show, Emily Graffeo and Tim Stenovec, spoke with Kristina Peterson is Bloomberg News Reporter covering the food industry.

Whey Protein Is Running Out as Americans Want It in Everything

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/9e6a1993-c178-449a-89ac-b45c0150409e/transcript

The people, companies and trends shaping the global economy. 

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. 

Anthropic PBC has confidentially submitted draft paperwork for a public listing, potentially leapfrogging longtime rival OpenAI in the race toward a Wall Street debut as soon as this fall. 

“The number of shares to be offered and the price have not yet been set,” the company said in a blog post Monday. Anthropic, once viewed as an underdog to OpenAI, has vaulted ahead of the ChatGPT maker in recent months on multiple fronts. The Claude developer recently raised $65 billion in a funding round at a $965 billion valuation, including the investment, eclipsing OpenAI’s value for the first time. Anthropic’s advances in coding and cybersecurity capabilities have rattled markets and also enticed new business customers. 

With the filing on Monday, Anthropic is poised to potentially beat OpenAI to the public market, setting itself up to attract more attention and capital from a greater pool of investors. OpenAI itself was said to be preparing its own confidential filing for an initial public offering in the coming weeks and was targeting a public debut sometime in the fall, Bloomberg reported in May. 

On this episode, guest host Emily Graffeo and Tim Stenovec speak with: 
Ed Ludlow, Bloomberg Tech co-host 
Charlie Wells, Bloomberg News Reporter and Ed Ludlow for in-depth conversation on SpaceX and its upcoming IPO 
Andrew Groves, Chairman of Copper Intelligence 
Roderick Wong, founder and Chief Investment Officer and Stephanie Sirota, Chief Business Officer, from RTW Investments on Innovations in Biotech

The people, companies and trends shaping the global economy.&nbsp;
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.&nbsp;
Anthropic PBC has confidentially submitted draft paperwork for a public listing, potentially leapfrogging longtime rival OpenAI in the race toward a Wall Street debut as soon as this fall.&nbsp;
&ldquo;The number of shares to be offered and the price have not yet been set,&rdquo; the company said in a blog post Monday. Anthropic, once viewed as an underdog to OpenAI, has vaulted ahead of the ChatGPT maker in recent months on multiple fronts. The Claude developer recently raised $65 billion in a funding round at a $965 billion valuation, including the investment, eclipsing OpenAI&rsquo;s value for the first time. Anthropic&rsquo;s advances in coding and cybersecurity capabilities have rattled markets and also enticed new business customers.&nbsp;
With the filing on Monday, Anthropic is poised to potentially beat OpenAI to the public market, setting itself up to attract more attention and capital from a greater pool of investors. OpenAI itself was said to be preparing its own confidential filing for an initial public offering in the coming weeks and was targeting a public debut sometime in the fall, Bloomberg reported in May.&nbsp;
On this episode, guest host Emily Graffeo and Tim Stenovec speak with:&nbsp;
<ul>
<li>Ed Ludlow, Bloomberg Tech co-host&nbsp;</li>
<li>Charlie Wells, Bloomberg News Reporter and Ed Ludlow for in-depth conversation on SpaceX and its upcoming IPO&nbsp;</li>
<li>Andrew Groves, Chairman of Copper Intelligence&nbsp;</li>
<li>Roderick Wong, founder and Chief Investment Officer and Stephanie Sirota, Chief Business Officer, from RTW Investments on Innovations in Biotech</li>
</ul>

Anthropic Files Confidentially for IPO in Race With OpenAI

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ef9db9a7-9000-40f9-8820-b45c01662600/transcript

The people, companies and trends shaping the global economy.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

On this special edition of the Bloomberg Businessweek Daily podcast, we focus on business schools and how they're responding to the new challenges facing students and graduates as they enter a workforce shaped by economic uncertainty and the rapid growth of artificial intelligence. 
Hosts Carol Massar and Tim Stenovec, along with Bloomberg Businessweek senior editor Dimitra Kessenides, speak with:
Jenny Chatman, Bank of America Dean of the Haas School of Business, co-director of the Berkeley Center for Workplace Culture and Innovation
Eloïc Peyrache, Dean and CEO at HEC Paris

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a>. On this special edition of the Bloomberg Businessweek Daily podcast, we focus on business schools and how they're responding to the new challenges facing students and graduates as they enter a workforce shaped by economic uncertainty and the rapid growth of artificial intelligence. Hosts Carol Massar and Tim Stenovec, along with Bloomberg Businessweek senior editor Dimitra Kessenides, speak with:
<ul>
<li>Jenny Chatman, Bank of America Dean of the Haas School of Business, co-director of the Berkeley Center for Workplace Culture and Innovation</li>
<li>Elo&iuml;c Peyrache, Dean and CEO at HEC Paris</li>
</ul>

Businessweek Daily Bonus: A Focus on Business Schools 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b882dd16-a207-4361-81fd-b4590105c9e8/transcript

Instant Reaction: Meta's Outlook Spooks Investors

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