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Affirm’s Max Levchin Responds to New Competition From Apple

Jul.16 — Affirm CEO Max Levchin discusses Apple’s announcement that they will collaborate with Goldman Sachs and start allowing customers to buy products using Apple Pay and pay off the purchases in installments, which will be in direct competition with his company. He speaks with Emily Chang on “Bloomberg Technology.”

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Jul.16 — Affirm CEO Max Levchin discusses Apple’s announcement that they will collaborate with Goldman Sachs and start allowing customers to buy products using Apple Pay and pay off the purchases in installments, which will be in direct competition with his company. He speaks with Emily Chang on “Bloomberg Technology.”

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10 Comments

10 Comments

  1. Fred

    July 16, 2021 at 11:49 pm

    Sell the stock they’re done

  2. 3k1ng

    July 16, 2021 at 11:51 pm

    Sure, let’s teach consumers they can buy stuff with the money they *don’t* have. great question Emily!

  3. Andrew M

    July 17, 2021 at 2:19 am

    struggled to answer the hard questions

  4. Jack Dye

    July 17, 2021 at 8:37 am

    CEO saying underwriting for 10 years is his advantage is quite concerning lol. How long has Goldman been underwriting?? I think apples got plenty of time, time is not your advantage. You can see he knows affirms going to 0 and hes looking for the exit

  5. Chandrahas M

    July 17, 2021 at 10:28 am

    I wish Apple acquires Affirm for some 10-15B USD

  6. Abu Feras Abdullah

    July 17, 2021 at 7:57 pm

    Apply gonna get ya

  7. Shahar Rozenbloom

    July 17, 2021 at 10:33 pm

    Apple will hire great Workers from Affirm and Compnies Like That. And there will also pay with 10 Pays every Two Weeks even to iPhone and iPad with Pay Later Tim. Between 2,000$ and less to 10,000$ depand On Budget Credit Card. No interst and Store will pay.

  8. RP G

    July 17, 2021 at 11:51 pm

    comment section owns puts… they’ve obviously never used AFRM or understand its seemless integration. No need to setup Apple Pay. No need to setup an account. All you need is a phone number. AFRM TO THE MOON!

  9. mrPmj00

    July 18, 2021 at 8:06 am

    FAANG stocks (Facebook, Apple, Amazon, Netflix, Microsoft) and Intel, Zoom…
    ___Disney, Wells Fargo, Boeing, Walgreens, IBM, Chevron for the recovery.
    Warren buffet quotes: It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

  10. S GL

    July 18, 2021 at 8:18 pm

    Apple has a way bigger brand name as well as pockets sad for smaller firms they are getting squeezed out.

    Unless they can maintain differentiation in brands for customers.

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Bloomberg Technology

Palantir Co-Founder Joe Lonsdale on the AI Investment Boom

AI is fueling a new era of venture investing. Joe Lonsdale, managing partner at 8VC and co-founder of Palantir, discusses the firm’s record $1.5 billion fund, why startup rounds are getting bigger, and where he’s placing his bets on the next generation of defense tech and AI companies. He joins Ed Ludlow on “Bloomberg Tech.”…

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AI is fueling a new era of venture investing. Joe Lonsdale, managing partner at 8VC and co-founder of Palantir, discusses the firm’s record $1.5 billion fund, why startup rounds are getting bigger, and where he’s placing his bets on the next generation of defense tech and AI companies. He joins Ed Ludlow on “Bloomberg Tech.”
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How Apple’s Lawsuit Could Disrupt OpenAI’s Bid to Rival the iPhone

Apple’s lawsuit accusing OpenAI of systematically stealing its intellectual property threatens to disrupt the AI company’s device ambitions long before the case is resolved. Bloomberg’s Mark Gurman joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde…

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Apple’s lawsuit accusing OpenAI of systematically stealing its intellectual property threatens to disrupt the AI company’s device ambitions long before the case is resolved. Bloomberg’s Mark Gurman joins Ed Ludlow on “Bloomberg Tech.”
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AI Selloff, Apple vs. OpenAI & the Future of Defense Tech | Bloomberg Tech 7/13/2026

Bloomberg’s Ed Ludlow breaks down why an AI-fueled stock rout in South Korea spilled over into the US market Monday, sending SK Hynix ADRs falling in their second US trading day. Plus, Apple and OpenAI’s AI rivalry enters the courtroom, with Apple filing a sweeping trade secrets lawsuit against the ChatGPT maker. And, FCC Chairman…

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Bloomberg’s Ed Ludlow breaks down why an AI-fueled stock rout in South Korea spilled over into the US market Monday, sending SK Hynix ADRs falling in their second US trading day. Plus, Apple and OpenAI’s AI rivalry enters the courtroom, with Apple filing a sweeping trade secrets lawsuit against the ChatGPT maker. And, FCC Chairman Brendan Carr joins to talk regulating space, and Palantir co-founder and 8VC managing partner Joe Lonsdale sits down with Ed to discuss his outlook for the defense tech sector.

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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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