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Why Lyft Backs Prop 30

Lyft Co-Founder and President John Zimmer joins Emily Chang after its earnings report showing weaker-than-expected growth in riders. He also discusses the company’s second round of layoffs of the year, and shares his thoughts on Proposition 30 in California. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of…

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Lyft Co-Founder and President John Zimmer joins Emily Chang after its earnings report showing weaker-than-expected growth in riders. He also discusses the company’s second round of layoffs of the year, and shares his thoughts on Proposition 30 in California.
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Brazil Top Court Fines Elon Musk’s X for Skirting Ban

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Brazil’s Supreme Court ordered Elon Musk’s X to restore a block on its site in the country or face daily fines after the social media network managed to evade restrictions through a software update. Bloomberg’s Andrew Rosati joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
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Apple has been warned by the European Union to open up its highly guarded iPhone and iPad operating systems to rival technologies or eventually risk significant fines under its flagship digital antitrust rules. Bloomberg’s Gian Volpicelli joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
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Zachary Hill, head of portfolio management at Horizon Investments, joins Caroline Hyde and Ed Ludlow to discuss the impact of the Federal Reserve’s rate cut on tech markets and why the firm still believes in an AI play in the long term. He speaks on “Bloomberg Technology.”
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