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Starbucks, Diageo Join Facebook Advertising Boycott

Jun.29 — Starbucks and Diageo followed Unilever, Coca-Cola Co.and several other companies in saying they will cut ad spending on Facebook, part of an exodus aimed at pushing the company and its peers to limit hate speech and posts that divide and misinform. Bloomberg’s Kailey Leinz reports on “Bloomberg The Open.”

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Jun.29 — Starbucks and Diageo followed Unilever, Coca-Cola Co.and several other companies in saying they will cut ad spending on Facebook, part of an exodus aimed at pushing the company and its peers to limit hate speech and posts that divide and misinform. Bloomberg’s Kailey Leinz reports on “Bloomberg The Open.”

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4 Comments

4 Comments

  1. I Gonna Be Neenja

    June 29, 2020 at 5:08 pm

    Cancel Culture 101.
    Dr Disrespect.
    Doja Cat.
    All ridiculous…..

    Reply

  2. CK_IDGAF

    June 29, 2020 at 7:11 pm

    this means nothing, folks need to know this just opens more space for small businesses and home businesses, it’s a good thing but doesn’t hurt facebook, big companies don’t depend on facebook like them

    Reply

  3. Srinivas A

    June 29, 2020 at 7:14 pm

    Starbucks can go f themselves

    Reply

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Bloomberg Technology

Google Sales Miss Reignites AI Fears, Microsoft Eyes $25B Debt Offering

Bloomberg’s Ed Ludlow breaks down Alphabet’s weak search and ad sales which raised new fears that AI is eating into Google’s core business and caused a record market cap wipeout. Plus, Bloomberg reports Microsoft is looking to tap the bond market for the first time since 2017, seeking at least $25 billion to support spending…

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Bloomberg’s Ed Ludlow breaks down Alphabet’s weak search and ad sales which raised new fears that AI is eating into Google’s core business and caused a record market cap wipeout. Plus, Bloomberg reports Microsoft is looking to tap the bond market for the first time since 2017, seeking at least $25 billion to support spending as AI cloud growth soars. And, DoorDash makes a $17 billion bet on groceries with plans to buy Instacart.

00:00:00 – Bloomberg Tech Begins
00:01:03 – Ryan Vlastelica on Alphabet Sinks Over AI Concerns
00:03:43 – Ayako Yoshioka, Wealth Enhancement Group on Microsoft & Alphabet
00:11:49 – Ryan Gould on Marvell & Lumentum
00:14:48 – Natalie Lung on DoorDash to Buy InstaCart
00:19:18 – Courtney Subramanian on AI Firms Lobbying Efforts
00:23:17 – Robert Schiffman on Microsoft Bond Sale
00:30:56 – Peter Elstrom on Samsung AI Spending
00:33:35 – Chris Urmson, Aurora CEO & Co-Founder on Driverless Trucks
00:40:45 – Matt Day on Amazon Earnings
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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

Driverless Trucks Can Double Profits, Says Aurora CEO

Driverless trucking company Aurora is ramping up production and switching to a ‘driver-as-a-service model’ as it looks to reach profitability and meet demand. Aurora co-founder and CEO Chris Urmson discusses how the company is scaling and what he sees as a friendly regulatory environment amid a national truck-driving shortage. Urmson joins Ed Ludlow on “Bloomberg…

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Driverless trucking company Aurora is ramping up production and switching to a ‘driver-as-a-service model’ as it looks to reach profitability and meet demand. Aurora co-founder and CEO Chris Urmson discusses how the company is scaling and what he sees as a friendly regulatory environment amid a national truck-driving shortage. Urmson joins Ed Ludlow on “Bloomberg Tech.”
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Microsoft Turns to Bond Market as AI Spending Grows

Microsoft is looking to raise at least $25 billion from its first US investment-grade bond offering in nearly a decade, according to people familiar with the matter. Bloomberg Intelligence’s Robert Schiffman discusses how this reinforces his view that AI spending will keep growing. He joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe…

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Microsoft is looking to raise at least $25 billion from its first US investment-grade bond offering in nearly a decade, according to people familiar with the matter. Bloomberg Intelligence’s Robert Schiffman discusses how this reinforces his view that AI spending will keep growing. He joins Ed Ludlow on “Bloomberg Tech.”
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