Bloomberg's Caroline Hyde and Ed Ludlow discuss Fed Chair Jerome Powell testimony that failure to reach a deal on the national debt limit could have dire consequences for the economy, hinting a higher than expected rate hike, and upping his fight with crypto. Plus Meta is planning to layoff thousands more this week to fulfill CEO Mark Zuckerberg's Year of Efficiency. 

Bloomberg's Caroline Hyde and Ed Ludlow discuss Fed Chair Jerome Powell testimony that failure to reach a deal on the national debt limit could have dire consequences for the economy, hinting a higher than expected rate hike, and upping his fight with crypto. Plus Meta is planning to layoff thousands more this week to fulfill CEO Mark Zuckerberg's Year of Efficiency.

The only daily news program focused exclusively on technology, innovation and the future of business.

The only daily news program focused exclusively on technology, innovation and the future of business.

Bloomberg Technology is the only daily news program focused exclusively on technology, innovation and the future of business.

Bloomberg Tech

Powell Spooks Markets, More Job Cuts at Meta

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Bloomberg’s Katie Greifeld examines Intel as shares fall after reports emerge that Nvidia may be hitting pause on testing Intel’s chip production process. Plus, the Trump administration gets the go-ahead to move forward with a $100,000 fee on new H-1B visa applications. And Tesla faces renewed scrutiny over car doors, with the company confronting a new probe by the NHTSA.

Bloomberg&rsquo;s Katie Greifeld examines Intel as shares fall after reports emerge that Nvidia may be hitting pause on testing Intel&rsquo;s chip production process. Plus, the Trump administration gets the go-ahead to move forward with a $100,000 fee on new H-1B visa applications. And Tesla faces renewed scrutiny over car doors, with the company confronting a new probe by the NHTSA.

Tesla Faces NHTSA Probe Over Model 3 Emergency Door Handles 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7f4c52c6-7c88-44a4-ae79-b3bd01755506/transcript

Bloomberg’s Caroline Hyde discusses ServiceNow’s plan to buy cybersecurity startup Armis for $7.75 billion, its largest acquisition to date. Plus, Nvidia's biggest buyer in Southeast Asia, Megaspeed, faces a chip-smuggling probe. And it was supposed to be crypto’s big year, but some of the sector's billionaires have been hit hard by recent price drops.

Bloomberg&rsquo;s Caroline Hyde discusses ServiceNow&rsquo;s plan to buy cybersecurity startup Armis for $7.75 billion, its largest acquisition to date. Plus, Nvidia's biggest buyer in Southeast Asia, Megaspeed, faces a chip-smuggling probe. And it was supposed to be crypto&rsquo;s big year, but some of the sector's billionaires have been hit hard by recent price drops.

Nvidia Buyer Megaspeed Faces Smuggling Probe

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/1de64c73-c742-48f2-b613-b3bc0153509c/transcript

Bloomberg’s Caroline Hyde discusses Larry Ellison’s personal guarantee to back Paramount Skydance’s bid for Warner Bros. Discovery. Plus, Google agrees to buy power provider Intersect Power for $4.75 billion, as the tech giant makes a push to grow its data center presence. And New York Gov. Kathy Hochul signs a bill regulating advanced artificial intelligence into law.

Bloomberg&rsquo;s Caroline Hyde discusses Larry Ellison&rsquo;s personal guarantee to back Paramount Skydance&rsquo;s bid for Warner Bros. Discovery. Plus, Google agrees to buy power provider Intersect Power for $4.75 billion, as the tech giant makes a push to grow its data center presence. And New York Gov. Kathy Hochul signs a bill regulating advanced artificial intelligence into law.

Larry Ellison Guarantees Paramount’s Bid for WBD

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b99dfcb2-fd92-4347-886e-b3bb01612609/transcript

Powell Spooks Markets, More Job Cuts at Meta

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