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Roblox Slumps on Hindenburg Bet, States Sue TikTok | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow discuss the state of Roblox as short seller Hindenburg Research bets against the company over alleged inflated metrics. Plus, multiple US states sue TikTok for allegedly deceiving users about its safety for children, and Meta adds new AI video features for advertisers. Chapters: 00:00:53 – Roblox Tumbles as Hindenburg…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss the state of Roblox as short seller Hindenburg Research bets against the company over alleged inflated metrics. Plus, multiple US states sue TikTok for allegedly deceiving users about its safety for children, and Meta adds new AI video features for advertisers.

Chapters:
00:00:53 – Roblox Tumbles as Hindenburg Bets Against Gaming Platform
00:13:31 – Meta Launches Generative AI Video Tools for Advertisers
00:19:47 – US Probes If China Hacked US Telecoms
00:35:29 – Maven Clinic CEO Kate Ryder
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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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6 Comments

6 Comments

  1. @rubncarmona

    October 8, 2024 at 6:00 pm

    Meta really playing all the cards atm

  2. @ДмитрийВербицкий-у7д

    October 8, 2024 at 7:50 pm

    Johnson Lisa Young Dorothy Walker Sandra

  3. @1981Frederick

    October 8, 2024 at 7:54 pm

    As bad as thing are getting for alphabet, Meta is fire all cilynder, AI, VR, Wearable etc. Meta is getting the lead everywhere and is the only big tech managing to avoid the FTC rigth now.
    King Zuck

  4. @АлександрРусаков-в4с

    October 8, 2024 at 8:46 pm

    Wilson Elizabeth Thomas Kimberly Lee Thomas

  5. @333bctan

    October 8, 2024 at 10:39 pm

    Todt … u are so funny ????????

  6. @lennon7575

    October 9, 2024 at 6:35 am

    Would Hindenburg go public with their concerns without having something to back them up? Seems unlikely to me

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Black Founders Had a Great Fundraising Quarter…With a Catch

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On one hand, US-based, Black-founded startups have already raised $643M, 70% of what was raised in the entirety of last year.

But dig a little deeper into the numbers, and you’ll find that in the words of Crunchbase’s head of research: “…data has shown a persistent decline in funding to Black-founded companies that outpaces the overall decline in startup funding.”

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China’s AI Markets Still ‘A Source of Funds’ Says Citigroup

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Alicia Yap, Citi’s head of Pan-Asia Internet Research, breaks down where China’s tech market stands amid global AI adoption. But despite all this heavy corporate activity, Citigroup warns that global investors are still treating China tech as “a source of funds,” with Wall Street dumping local stocks to fund the global AI hardware trade. She joins Ed Ludlow on “Bloomberg Tech.”
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