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Apple Demands ‘Ransom’ From Apps in App Store, Rep. Cicilline Says

Jun.19 — Rep. David Ciccilline, a Rhode Island Democrat, discusses taking big tech to task on “Bloomberg Technology.”

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Jun.19 — Rep. David Ciccilline, a Rhode Island Democrat, discusses taking big tech to task on “Bloomberg Technology.”

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12 Comments

12 Comments

  1. ultradeadd

    June 20, 2020 at 12:04 am

    Good luck Sen. Warren.

  2. Kervis Boston

    June 20, 2020 at 12:34 am

    Here’s the thing. Apples platform allows companies to reach audiences in ways they likely wouldn’t have been able to if not for these platforms reach. The App Store isn’t a government invention. Now of course they can’t charge you for half your business but they can charge you for using a platform you did not create.

  3. Joe Bloe

    June 20, 2020 at 12:43 am

    Emily Chang blows chunks of dog poop out of her mouth whenever she speaks!

  4. Joe Bloe

    June 20, 2020 at 12:44 am

    This squeaky voiced interviewer irritates the heck out of me!
    You would think that Bloomberg could find somebody better for qualified for the job!

    • NaiVE

      June 20, 2020 at 1:38 am

      bring back Taylor.

    • Yuesesdi App

      June 20, 2020 at 2:34 am

      #TGOD

    • EwWhoIsTHAT

      June 20, 2020 at 8:36 pm

      What other superficial features do you believe are part of of the suite of bona-fide job requirements for an business technology interviewer?

    • Remi Stardust

      June 20, 2020 at 8:36 pm

      Joe, I think that’s a you-problem.
      Better to develop tolerance, it serves you well in life.

  5. Jorge Arellano

    June 20, 2020 at 1:11 am

    I think it won’t matter very much. Congress has proved over and over that they have no clue how tech works. They will ask stupid questions like that time with Mark Zuckerberg.

    • Sujesh Suri

      June 20, 2020 at 3:27 am

      It mattered in the 2016 elections. Democrats have to stop this at any cost. Just creates a fake hope among voters.

  6. Goldy

    June 20, 2020 at 6:24 am

    Maybe he should ban Steam too. they take 30 % cut too. Most advertising agencies also take 15% cut. Maybe all clothing retailers should be banned too they too take a cut of more than 30% from brands for retailing. This is just preposterous.

  7. Krisztián Kőrösi

    June 20, 2020 at 9:05 am

    Oh there might be less innovation? Maybe stop handing out free money, so companies have to actually produce something to make profits. If not, then welcome to socialism.

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Bloomberg Technology

Rocket Explosion Deals Blow to Blue Origin’s Space Ambitions

Blue Origin’s New Glenn rocket exploded in a massive fireball while undergoing a test on a Florida launchpad Thursday evening, dealing a major setback to the Jeff Bezos-backed firm in its efforts to challenge a dominant SpaceX. Blue Origin and Amazon founder Jeff Bezos said it was too early to determine the cause of the…

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Blue Origin’s New Glenn rocket exploded in a massive fireball while undergoing a test on a Florida launchpad Thursday evening, dealing a major setback to the Jeff Bezos-backed firm in its efforts to challenge a dominant SpaceX. Blue Origin and Amazon founder Jeff Bezos said it was too early to determine the cause of the explosion and described it as “a very rough day” in a post on X. Bloomberg Intelligence analyst Matt Bloxham joined Caroline Hepker to discuss the implications.
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SpaceX Lowers IPO Valuation Target | Bloomberg Tech 5/29/2026

Bloomberg’s Tim Stenovec breaks down why SpaceX is coming back down to Earth with a slightly lower valuation in its IPO. Plus, Anthropic closes a funding round at a whopping $965 billion valuation, surpassing OpenAI for the first time in the AI race; and Dell surges after the hardware giant’s outlook far surpassed Wall Street…

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Bloomberg’s Tim Stenovec breaks down why SpaceX is coming back down to Earth with a slightly lower valuation in its IPO. Plus, Anthropic closes a funding round at a whopping $965 billion valuation, surpassing OpenAI for the first time in the AI race; and Dell surges after the hardware giant’s outlook far surpassed Wall Street estimates.

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00:01:38 – Benedikt Kammel, Bloomberg News
00:05:05 – Shirin Ghaffary, Bloomberg News
00:07:56 – Silas Brown, Bloomberg News
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00:15:40 – Janet Mui, RBC Brewin Dolphin
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00:26:41 – Matthew Weir, Goldman Sachs
00:33:40 – George Ferguson, Bloomberg Intelligence
00:37:59 – Carolina Parada, Google Deepmind
00:40:40 – Loren Grush, Bloomberg News
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Anthropic Valuation of $965 Billion Passes OpenAI

Anthropic raised $65 billion in a funding round that valued the AI company at $965 billion including the new investment, eclipsing rival OpenAI’s value for the first time. Bloomberg’s AI reporter Shirin Ghaffary joins Tim Stenovec on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes…

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Anthropic raised $65 billion in a funding round that valued the AI company at $965 billion including the new investment, eclipsing rival OpenAI’s value for the first time. Bloomberg’s AI reporter Shirin Ghaffary joins Tim Stenovec on “Bloomberg Tech.”
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