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Apple Closing Store in China for the First Time Ever

Apple is closing a retail store in China for the first time. Bloomberg’s Tom Giles explains why it’s a notable retreat for the iPhone maker. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with…

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Apple is closing a retail store in China for the first time. Bloomberg’s Tom Giles explains why it’s a notable retreat for the iPhone maker. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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10 Comments

10 Comments

  1. @amatuer2

    July 29, 2025 at 3:11 pm

    “much ado about nothing”

    • @ssuwandi3240

      July 29, 2025 at 6:47 pm

      Yeah. The second-largest flagship store😅

  2. @suprflyification

    July 29, 2025 at 3:16 pm

    China helped Apple and Apple helped china. One store closure isn’t news, Apple pulling from china would be. Or if the CCP drop down on them. China hold all the cards with this.

  3. @ryanleonard4034

    July 29, 2025 at 3:32 pm

    Huawei is eating them alive. The new Matebook Fold is the first consumer product since iPhone 3G that actually had my jaw drop when I saw it. It’s obvious who the true innovator(s) are and many of them aren’t stateside anymore.

    • @seymorefact4333

      July 29, 2025 at 7:24 pm

      look at the xiaomi su7 and huawei avatr! that will drop your jaw all the way to CHINA!

  4. @thomasrogers9146

    July 29, 2025 at 4:38 pm

    THIS IS JUST THE BEGINNING FOR AMERICAN BUSINESSES OPERATING IN CHINA AND THE MASSIVE REVENUE LOSSES THEY ARE ABOUT TO EXPERIENCE..CHINA IS THE WORLDS LARGEST CONSUMER MARKET WITH 20 TRILLION DOLLARS IN DOMESTIC SAVINGS.. AMERICAN BUSINESSES OPERATING IN CHINA GROSSED 1.2 TRILLION DOLLARS ACCORDING TO S AND P 500 2024..THIS IS NOT ABOUT THE CHINESE ECONOMY BECAUSE THEY ARE GROWING AT 5.%. THIS IS ABOUT AMERICAN RACISM, HATE XENOPHOBIA ANTI CHINA HYSTERIA AND OBSESSION WITH STARTING CONFLICTS WITH CHINA TRADE WARS MILITARY DRILLS IN THE SOUTH CHINA SEA AND MEDDLING IN TAIWAN..THE CHINESE PEOPLE HAVE HAD ENOUGH.

  5. @thomasrogers9146

    July 29, 2025 at 4:40 pm

    STOP LYING ABOUT THE CHINESE ECONOMY..THIS IS THE EFFECTS OF GEO POLITICS. IF AMERICAN POLITICIANS THINK THEY CAN WAGE A WAR CHINA TRADE OR HOT AND THERE WILL BE NO CONSEQUENCES FOR AMERICAN BUSINESSES? THINK AGAIN.

  6. @marke9036

    July 29, 2025 at 5:02 pm

    Maybe banning Apple like the US banning Huawei for years but the need is less at this point, apple has not been innovate for years even in the US they need the ban the competition in order to keep apple as number one.

  7. @seymorefact4333

    July 29, 2025 at 7:23 pm

    Huawei, OPPO, HONOR, XAIOMI, ZTE, ETC ….ARE FAR ADVANCE. HUAWEI, XAIOMI…ALSO MAKE VEHICLES. APPLE IS A TAX EVASION CORP!

  8. @yessirri686

    July 29, 2025 at 9:19 pm

    Why buy 3 when you can buy one product that does all 3?Huawei is killing right now 😂😂😂😂

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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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Bloomberg Technology

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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Bloomberg Technology

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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