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Youdao Confident in Long-Term Plans After IPO, CEO Says

Oct.25 — Youdao fell 20% after raising $95 million in the IPO, as shares of Chinese companies that went public in the U.S. this year are down on average of 12.8% from their offer prices. Despite the trade tension and talks on stricter rules on Chinese companies, Youdao still chose to go public in the…

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Oct.25 — Youdao fell 20% after raising $95 million in the IPO, as shares of Chinese companies that went public in the U.S. this year are down on average of 12.8% from their offer prices. Despite the trade tension and talks on stricter rules on Chinese companies, Youdao still chose to go public in the U.S. following the footstep of its parent NetEase, which went public at Nasdaq in 2000. Bloomberg’s Yueqi Yang spoke to Youdao Chief Executive Officer Feng Zhou following the companies debut on the New York Stock Exchange.

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5 Comments

5 Comments

  1. Everyone But China

    October 25, 2019 at 10:34 pm

    Brainwash all the next generation from CCP, don’t support its IPO

  2. Everyone But China

    October 25, 2019 at 10:40 pm

    Let’s make history for this brainwash machine to go away where its belong, the world don’t need CCP’s company to be listed in this freedom world

    • Colin Yuan

      October 25, 2019 at 11:54 pm

      good, maybe you can explain why the rest world still buy some China-made shit? isn’t the free world itself a shit?

    • 喃來呗往

      October 26, 2019 at 5:17 am

      America is not great again because of people just like you.

  3. Leonardo BrawijayaMRQ

    October 26, 2019 at 7:38 am

    some people say….
    don’t invest in china, your money kill alot of people.

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Bloomberg Technology

Jackson Hole, Anthropic’s Court Win and PayPal Deal Collapse | Bloomberg Tech 8/28/2026

Bloomberg’s Tim Stenovec zeroes in on Jackson Hole after Federal Reserve Chairman Kevin Warsh delivered his first address at the Symposium. Plus, a US judge rules that the Trump administration must lift its ban on Anthropic’s AI tech for federal agencies. And, a consortium of Advent and Stripe decided to abandon its pursuit of PayPal,…

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Bloomberg’s Tim Stenovec zeroes in on Jackson Hole after Federal Reserve Chairman Kevin Warsh delivered his first address at the Symposium. Plus, a US judge rules that the Trump administration must lift its ban on Anthropic’s AI tech for federal agencies. And, a consortium of Advent and Stripe decided to abandon its pursuit of PayPal, a deal that would have ranked as one of the biggest-ever leveraged buyouts.

00:00:00 – Bloomberg Tech Begins
00:02:30 – Mike McKee, Bloomberg News
00:05:25 – Max Gokhman, Franklin Templeton
00:11:13 – Ryan Gould, Bloomberg News
00:14:04 – Han Fengtao, Spirit AI
00:19:31 – Rachel Metz, Bloomberg News
00:24:41 – Mike McKee & Lisa Abramowicz, Bloomberg News
00:28:25 – Ryan Vlastelica, Bloomberg News
00:34:04 – Michael Shepard, Bloomberg News
00:37:18 – Andrew Bailey, Bank of England Governor
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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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Bloomberg Technology

Anthropic Scores Legal Win Against Trump Administration

A US judge ordered the Trump administration to lift its ban on Anthropic’s AI technology for federal agencies, finding the restriction wasn’t adequately justified and was partly intended to make a public example of the company. Bloomberg’s Rachel Metz explains why the ruling doesn’t immediately end Anthropic’s legal fight. She also breaks down a separate…

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A US judge ordered the Trump administration to lift its ban on Anthropic’s AI technology for federal agencies, finding the restriction wasn’t adequately justified and was partly intended to make a public example of the company. Bloomberg’s Rachel Metz explains why the ruling doesn’t immediately end Anthropic’s legal fight. She also breaks down a separate warning from Anthropic, OpenAI, and other companies about the growing threat of AI-enabled cyberattacks with Tim Stenovec on “Bloomberg Tech.”
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Bloomberg Technology

AI Could Push Inflation Either Way, Says BOE’s Bailey

Bank of England Governor Andrew Bailey says AI could prove either inflationary or disinflationary depending on whether its impact on demand arrives before productivity gains on the supply side. Speaking at Jackson Hole, Bailey also discusses the UK inflation outlook, why he agrees with Federal Reserve Chairman Kevin Warsh on the limitations of forward guidance,…

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Bank of England Governor Andrew Bailey says AI could prove either inflationary or disinflationary depending on whether its impact on demand arrives before productivity gains on the supply side. Speaking at Jackson Hole, Bailey also discusses the UK inflation outlook, why he agrees with Federal Reserve Chairman Kevin Warsh on the limitations of forward guidance, and why the BOE will make its own rate decisions regardless of the Fed’s path. He joins Bloomberg’s Lisa Abramowicz on “Bloomberg Tech.”
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