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Car Dealer Chaos Arises From Cyberattack on $1.2T Market

Car dealer chaos continues amid debilitating cyberattacks, which have had a crippling effect on an industry that topped $1.2 trillion in sales last year just in the US. Diana Lee, CEO of marketing technology and data intelligence company Constellation – and who has three decades of experience in the automotive industry – joins Ed Ludlow…

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Car dealer chaos continues amid debilitating cyberattacks, which have had a crippling effect on an industry that topped $1.2 trillion in sales last year just in the US. Diana Lee, CEO of marketing technology and data intelligence company Constellation – and who has three decades of experience in the automotive industry – joins Ed Ludlow to discuss on “Bloomberg Technology.”
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10 Comments

10 Comments

  1. @rezam8845

    June 21, 2024 at 4:00 pm

    show me a person who had a terrific experience at their dealership, no one

  2. @ammonioussaccas

    June 21, 2024 at 4:19 pm

    So she’s worried about capitalism working the way it’s supposed to work. If dealerships are artificially inflating price through lobbying efforts, they can go. The market calls for it.

  3. @yeshua_n13-8aij8

    June 21, 2024 at 4:34 pm

    So people lives that were lost because of covid including mental health is compared to corporate money loss. ???????????????????????????? Unless she talking about the VP’s jumping out the window because of stock loss. ????????????????????????

  4. @fxmographie

    June 21, 2024 at 6:14 pm

    You have spend hours at a dealership to get a fair deal while at the same time knowing that someone else could just walk in and get a even better deal. Give me the Tesla model every day over making a deal with the devils at car dealerships.

  5. @CHRISTO_1001

    June 21, 2024 at 10:41 pm

    ????????????????️⭐️????????????

  6. @FreyGuy003

    June 22, 2024 at 12:35 am

    She’s a stealership shill. Direct to consumer Tesla sales model is the future

  7. @KapitalistRR

    June 22, 2024 at 3:00 am

    Hello from Germany, the VW AG, DMS System is also down.

  8. @JG-mp5nb

    June 22, 2024 at 9:48 am

    So, the Stealerships are crying cuz THEY’VE been ripped off? Should’ve bought the Extended Cyber Attack Under Coating Warranty!
    Screw the stealerships, sales should be on Amazon.

  9. @jaycalvarez7061

    June 22, 2024 at 1:33 pm

    ???????????????? shes been in automotive that long and has never seen this lol funny because this happened again back in 2019 maybe she trippn because that was huge back then to and again affected thousands of dealers ???????????? probably works somewhere in automotive that doesnt deal with CDK ???? JUST ACTING LIKE SHE KNOWS ????????????

  10. @AnalFarmer

    June 22, 2024 at 6:13 pm

    Tesla way is so much better

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Nvidia Nears $14 Billion Hugging Face Deal | Bloomberg Tech 09/02/2026

Bloomberg’s Ed Ludlow breaks down Nvidia’s advanced talks to acquire AI startup Hugging Face in a $14 billion deal. Plus, Dell shares jump after the company boosted its annual sales forecast by $25 billion due to surging demand for servers to run AI tasks. And, Uber cuts 10% of its staff globally to streamline its…

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Bloomberg’s Ed Ludlow breaks down Nvidia’s advanced talks to acquire AI startup Hugging Face in a $14 billion deal. Plus, Dell shares jump after the company boosted its annual sales forecast by $25 billion due to surging demand for servers to run AI tasks. And, Uber cuts 10% of its staff globally to streamline its core engineering, science, and delivery groups.

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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Nvidia In Advanced Talks for Hugging Face

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Nvidia could be closing in on its biggest AI acquisition yet, according to sources. The chipmaker is in advanced talks to buy Hugging Face in a deal that could be worth about $14 billion. Bloomberg’s Ian King and Rachel Metz join Ed Ludlow on “Bloomberg Tech” to discuss their reporting.
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