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TikTok Faces EU Fine as US Ban Looms

TikTok owner ByteDance is facing a fine in the EU over sending user data back to China, as the deadline to sell its US business looms. Bloomberg’s Kurt Wagner discusses the situation with Caroline Hyde on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of…

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TikTok owner ByteDance is facing a fine in the EU over sending user data back to China, as the deadline to sell its US business looms. Bloomberg’s Kurt Wagner discusses the situation with Caroline Hyde on “Bloomberg Technology.”
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5 Comments

5 Comments

  1. @ReinasWorldView

    April 3, 2025 at 4:20 pm

    TikTok has a Chinese version. Why can’t we have an English version or somebody replicate this? Come on we don’t need to be censored or spied on

    • @yerri5567

      April 3, 2025 at 4:22 pm

      @ReinasWorldView Even YT censors and “spies on” us. What are you on about?
      And we have reels and YT shorts no?

  2. @yerri5567

    April 3, 2025 at 4:27 pm

    Interesting. But how did they find out?

    • @Hopper-n5f

      April 3, 2025 at 4:52 pm

      There is something called investigation.

  3. @Gabeyre

    April 3, 2025 at 4:33 pm

    Fact: US Tarrifs are to protect US big tech from EU fines. EU fines against Chinese big tech may cause China to also retaliate.

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Bloomberg Technology

Odd Lots: The AI Trade Shrugs Off a Blue Wave and a Tech Scandal

It’s been a big month so far for American politics and the tech industry. Democrats deliver a sweeping win across the country, calling continued AI development into question. Nvidia launches an investigation into CEO Jensen Huang’s affair with an alleged Chinese spy. There are plenty of things to make investors jittery, yet we’re seeing a…

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It’s been a big month so far for American politics and the tech industry. Democrats deliver a sweeping win across the country, calling continued AI development into question. Nvidia launches an investigation into CEO Jensen Huang’s affair with an alleged Chinese spy. There are plenty of things to make investors jittery, yet we’re seeing a tech rally as markets await the upcoming Anthropic IPO.

Bloomberg’s Michael Ball joins Joe Weisenthal and Tracy Alloway on the Odd Lots podcast to unpack why the tech trade is showing resilience despite macro jitters.
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Anthropic IPO Demand Surges as CoreWeave Calms AI Fears

Bloomberg’s Riley Griffin takes a look at Anthropic’s potentially record-breaking IPO, with sources saying it’s already multiple times oversubscribed. Plus, CoreWeave reassures Wall Street with third-quarter sales topping analyst estimates and easing fears about the debt tied to its rapid AI buildout; and Congressman Raja Krishnamoorthi discusses how the Nvidia scandal is felt across Washington…

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Bloomberg’s Riley Griffin takes a look at Anthropic’s potentially record-breaking IPO, with sources saying it’s already multiple times oversubscribed. Plus, CoreWeave reassures Wall Street with third-quarter sales topping analyst estimates and easing fears about the debt tied to its rapid AI buildout; and Congressman Raja Krishnamoorthi discusses how the Nvidia scandal is felt across Washington and beyond.
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Anthropic Targets $1.4 Trillion Valuation in Blockbuster IPO

Anthropic is seeking a valuation of about $1.4 trillion in its initial public offering, a bid to make history as the first frontier artificial intelligence lab to go public. The company’s IPO is set to price on Wednesday, Nov. 18 and trade the following day. Bailey Lipschultz has more. ——– Like this video? Subscribe to…

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Anthropic is seeking a valuation of about $1.4 trillion in its initial public offering, a bid to make history as the first frontier artificial intelligence lab to go public. The company’s IPO is set to price on Wednesday, Nov. 18 and trade the following day. Bailey Lipschultz has more.
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