Bloomberg Tech

Sylvia Jablonski, CEO and CIO of Defiance ETFs, dives into the booming market for active and leveraged single-stock ETFs. She highlights the rise of quantum and 6G thematic investing, showcasing their potential for long-term growth despite their current nascent stage. Jablonski sheds light on the recent NHTSA probe into Tesla’s Model 3 door handles, raising concerns about engineering standards. With insights into the evolving landscape of ETFs, this discussion is both timely and thought-provoking.

Andrew Martin, a technology reporter for Bloomberg, sheds light on ServiceNow's significant $7.75 billion acquisition of the cybersecurity firm Armis, explaining its strategic alignment with enterprise automation. He also delves into the intriguing case of Megaspeed, Nvidia's largest buyer in Southeast Asia, currently under investigation for allegations of chip smuggling, raising concerns about potential links to China. This episode reveals key trends in cyber M&A amid a tumultuous market for crypto billionaires.

John Klein, a former CNN executive and media veteran, joins to discuss Larry Ellison's bold guarantee of Paramount Skydance's bid for Warner Bros. Discovery. Klein offers insight into how various acquirers value cable networks and the complexities of potential outcomes if Paramount takes over. He also explores the long-term shifts in media distribution as tech giants like YouTube dominate the landscape, reshaping economics in the industry. This conversation dives deep into the future of media amid seismic changes in ownership and technology.

Kevin Mayer, co-CEO of Candle Media and former TikTok CEO, shares insights on TikTok's new U.S. majority ownership deal amid national security concerns. He discusses the operational structure involving Oracle and the importance of protecting U.S. user data. Mayer also examines how TikTok can maintain its algorithm effectiveness and discusses competition with Hollywood and other platforms in the short-form content space. He believes the deal could create a sustainable model for U.S. voices while navigating complex U.S.-China tech relations.

Joining the discussion are Lauren Grush, a space reporter focused on commercial flight, Chad Anderson, CEO of Space Capital with expertise in space investments, and Patrick McGoldrick from J.P. Morgan, who navigates private market valuations. They dive into the thrilling implications of Micron's strong earnings on AI demand. Grush and Anderson also share insights on Blue Origin's future missions and ambitions, while McGoldrick highlights the growing overlap between public and private tech markets, hinting at where future growth in sectors like cybersecurity and space may emerge.

Kim Forrest, Chief Investment Officer at Boca Capital Partners, dives into the evolving memory market, highlighting Micron's strategic positioning amid the surge in AI-driven demand. She discusses rising memory prices and the pivotal role of DRAM in AI infrastructure. The conversation also touches on Oracle’s data center financing challenges and the broader implications for investors in this rapidly changing tech landscape. With insights on balancing risks and opportunities, Forrest provides a compelling view of the future of tech investments.

Joanna Garrity, CEO of JetBlue, discusses the airline's exciting JetForward strategy, premium products, and the launch of their first lounge. Jacob Helberg, U.S. Under Secretary of State for Economic Affairs, delves into the importance of securing AI supply chains and promoting economic stability. Eric Wolczykowski, CEO of Bespoke Partners, explains how AI is revolutionizing executive recruiting amidst a tightening labor market. Meanwhile, TikTok is making waves with its innovative livestream shopping.

Lucas Shaw, Bloomberg's entertainment editor specializing in Hollywood M&A, discusses Netflix's plans to acquire Warner Bros. Discovery and industry anxieties surrounding AI. Hiba Anwar, an immigration law partner, highlights the repercussions of the new H-1B fee on businesses and the ongoing legal battles it has sparked. The conversation delves into concerns about the consolidation in entertainment and how restrictive immigration policies might drive talent away from the U.S. to countries like China and Canada.

David Sachs, a Senior White House advisor on AI and crypto, brings his insights on federal policies and the executive order aimed at regulating AI. He delves into the need for a cohesive national framework to discourage excessive state regulations. The conversation also touches on the implications of China’s ambitious semiconductor incentives and how they impact U.S. competitiveness. Sachs highlights the federal government's proactive stance against state laws that may hinder innovation in AI.

Joining the discussion is Alex O'Kinn, a managing director at Wolfe Research specializing in enterprise software. He breaks down Oracle’s significant increase in AI spending and the resulting market reaction, describing it as a timing mismatch rather than a failure. The conversation also covers Disney's $1 billion investment in OpenAI and the implications for the entertainment industry. Additionally, they explore the ongoing debate about AI spending risks and the long-term productivity potential of these advances.