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Breaking Up Tech Companies Is a Terrible Idea, Says Max Levchin

Jul.23 — Max Levchin, chief executive officer of Affirm Inc., discusses his views on Congress investigating antitrust issues with big tech companies. He speaks with Bloomberg’s Emily Chang on “Bloomberg Technology.”

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Jul.23 — Max Levchin, chief executive officer of Affirm Inc., discusses his views on Congress investigating antitrust issues with big tech companies. He speaks with Bloomberg’s Emily Chang on “Bloomberg Technology.”

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6 Comments

6 Comments

  1. Patrick Dempsey

    July 23, 2020 at 5:33 pm

    Any comment about the takedown and what changed to get it to stay up?

  2. Eric Martin

    July 23, 2020 at 7:00 pm

    “Breaking Up Tech Companies Is a Terrible Idea” – maybe… but when tech companies censor *Free Speech* on their platforms with *Political Agendas* it damages us all irrevocably. Google/YouTube will not allow FBI Statics to be used when posting comments. i’ve been told its “Hate Facts” but when i cant use facts to point out a problem, suggest solutions and have civil discourse only servers to prolong the problem. i’d rather see Laws passed preventing Tech Companies from placing wording within their Terms of Service that allows suppression of a persons Freedom of Speech.

  3. B. Allen

    July 23, 2020 at 7:13 pm

    Could only be said by a STOOGE of Wall St.

    • TheMagicJIZZ

      July 23, 2020 at 9:30 pm

      He founded PayPal Stfu

  4. William

    July 23, 2020 at 8:07 pm

    these high valued stock tech companies are the great pride of America. USA is THE leader because of these companies. break them up and you’re just giving china a chance to overthrow us

  5. Youssef Hegazy

    July 23, 2020 at 8:50 pm

    For a long time, Apple Music was the only premium music option for Apple Watch, which drove me and others to switch from Spotify and YouTube music. iSafari was the only browser allowed to use the nitro engine, which made Mozilla pull Firefox from the App Store.

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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.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:38 – Benedikt Kammel, Bloomberg News
00:05:05 – Shirin Ghaffary, Bloomberg News
00:07:56 – Silas Brown, Bloomberg News
00:12:05 – David Kennedy, Dell Technologies
00:15:40 – Janet Mui, RBC Brewin Dolphin
00:23:33 – Rebecca Torrence, Bloomberg News
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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“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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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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