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SoFi CEO: Merger With Palihapitiya SPAC a ‘Right Choice’

Jun.01 — SoFi Technologies Inc. CEO Anthony Noto discusses the company’s public debut following a merger with Social Capital Hedosophia Holdings Corp. V, a special-purpose acquisition company founded by venture capitalist Chamath Palihapitiya. He also shares his perspective on the rise of retail traders, competition with Robinhood Financial LLC and U.S. lawmakers’ scrutiny of banks’…

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Jun.01 — SoFi Technologies Inc. CEO Anthony Noto discusses the company’s public debut following a merger with Social Capital Hedosophia Holdings Corp. V, a special-purpose acquisition company founded by venture capitalist Chamath Palihapitiya. He also shares his perspective on the rise of retail traders, competition with Robinhood Financial LLC and U.S. lawmakers’ scrutiny of banks’ overdraft fee policies. Noto speaks to Emily Chang and Sonali Basak on “Bloomberg Technology.”

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3 Comments

3 Comments

  1. Joey Keilholz

    June 2, 2021 at 1:07 am

    The method of going public isn’t the point. This company is great.

  2. Joey Keilholz

    June 2, 2021 at 1:11 am

    “well, on that note, is there anything that concerns you?” are you kidding me? That’s not what Sofi users are doing? Why are you making everything as an opposition to Gamestop? Fuck you. It’s not your place to try to stomp on the average person or their rights.

    They aren’t competing with robinhood! Are you kidding me with this interview? He’s totally correct that they are competing with regular banks! Interviewers have a clear, disgusting bias.

    You cannot stop gamestop. You look like fools today and will be laughed at for generations to come. You have a bias to STOP REGULAR PEOPLE FROM MAKING MONEY. We already know you hate us. It’s just disgusting to see you do your owner’s bidding so transparently.

  3. Rachel Ottelé

    June 2, 2021 at 1:18 am

    Nothing to loose “What do they think they’re earning?”

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Bloomberg Technology

Applied Materials’ Results, OpenAI-Reddit Partnership | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow break down Applied Materials’ earnings, which failed to impress investors. Plus, OpenAI and Reddit announce a partnership to bring its content to ChatGPT and other products, and CoreWeave secures nearly $8 billion in private debt. ——– “Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and…

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Bloomberg’s Caroline Hyde and Ed Ludlow break down Applied Materials’ earnings, which failed to impress investors. Plus, OpenAI and Reddit announce a partnership to bring its content to ChatGPT and other products, and CoreWeave secures nearly $8 billion in private debt.
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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

Reddit Forges Pact With OpenAI on Content for ChatGPT

Reddit forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social media company add new artificial intelligence features to its forums. Bloomberg’s Shirin Ghaffary joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:…

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Reddit forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social media company add new artificial intelligence features to its forums. Bloomberg’s Shirin Ghaffary joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.”
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Applied Materials Forecast Fails to Impress After Rally

Applied Materials, the largest US maker of chipmaking machinery, failed to impress investors with its latest forecast following a rally in the shares this year. Advisors Capital Management Partner & Portfolio Manager JoAnne Feeney joins Ed Ludlow and Caroline Hyde to discuss the results and the future of the broader chip industry on “Bloomberg Technology.”…

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Applied Materials, the largest US maker of chipmaking machinery, failed to impress investors with its latest forecast following a rally in the shares this year. Advisors Capital Management Partner & Portfolio Manager JoAnne Feeney joins Ed Ludlow and Caroline Hyde to discuss the results and the future of the broader chip industry on “Bloomberg Technology.”
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