Foundering

Bloomberg
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May 16, 2017 • 25min

Why a Chinese Chemicals Company Wants To Invest in Gaming Apps

If you have young kids, you may already know the mobile game Talking Tom. What you might not know is that in January a Chinese hydrogen peroxide company announced plans to buy the maker of the app for $1 billion. This is just one of several similar deals. This week, Bloomberg Technology's Adam Satariano and Aki Ito take a look at why a slew of unlikely Chinese buyers - mining and construction firms, even a poultry company - are buying up mobile gaming businesses. This search takes Adam to the home of Lisa Pan, a young Beijing investor who has made millions from gaming investments and is now helping a Chinese chemicals company make the same leap. Is this a smart business strategy to adapt to a new economy, or is it a sign of a bubble?See omnystudio.com/listener for privacy information.
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May 8, 2017 • 28min

Meet the Whistleblower Behind a Silicon Valley Meltdown

When Francisco Riordan suspected his company of breaking the law last year, he secretly reached out to government regulators. His actions set in motion events that left Rothenberg Ventures the object of a government investigation and multiple lawsuits -- and, according to Riordan, cost him his own job. This week, Bloomberg Technology's Adam Satariano and Aki Ito meet Riordan, who's now ready to speak publicly about his experiences for the very first time. In an industry where corporate governance sometimes takes a backseat to rapid growth, Riordan says he wants to encourage more people to speak up when they see signs of wrongdoing.See omnystudio.com/listener for privacy information.
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May 2, 2017 • 25min

Fake News in the French Elections

After the U.S. elections in November, our favorite internet companies faced a torrent of criticism for not doing more to curb the spread of fake news -- and responded by deploying a series of tools to combat the problem. This week, as French voters prepare to pick their next president, Bloomberg Technology's Pia Gadkari and Brad Stone ask whether Facebook's, Google's and Twitter's initiatives have worked. Will France turn out to be another repeat of what happened in the run-up to the U.S. elections, or has the internet finally figured out how to deal with false information?See omnystudio.com/listener for privacy information.
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Apr 27, 2017 • 28min

Son of Chinese Factory Workers Built This $1.5 Billion Startup

We still think of Silicon Valley as the world's technology hub, but China's quickly catching up. For one, consider this stat: China has created as many billion-dollar startups this year as the U.S. This week, Bloomberg Technology's Peter Elstrom and David Ramli travel to Shanghai to visit Colin Huang, the man behind the latest business to join this rarefied club of unicorns. Huang recounts his humble origins in Hangzhou and the various turning points in his life that took him to where he is today, at the center of China's bustling tech scene. At 37, now leading his fourth startup, Huang's just getting started.See omnystudio.com/listener for privacy information.
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Apr 20, 2017 • 25min

Pinterest's Second Act

Remember Pinterest? Only a few years ago, the pinboard of the internet was one of the buzziest startups in Silicon Valley. Since then, the company's grown quietly, overshadowed in the news by other businesses in the industry. This week, Bloomberg Technology's Sarah Frier visits Pinterest for a rare interview with co-founders Ben Silbermann and Evan Sharp, as well as president Tim Kendall. The three executives discuss what they have been working on, as well as what they have struggled with. Will their new vision be enough to put Pinterest back on the map?See omnystudio.com/listener for privacy information.
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Apr 10, 2017 • 27min

Here's the Incredible Promise of Medicine That Targets Our DNA

Around the world, people suffer from a genetic condition called hemophilia. Even with expensive and time-consuming treatments, simple injuries for these patients hold the threat of turning into serious complications and even life-threatening events. But now, one biotech company has stumbled upon what very early trials suggest could be a "cure" -- something that, with a single intravenous drip, essentially corrects the genetic mutation that causes the disorder. This week, Bloomberg's Doni Bloomfield visits the scientists behind this treatment and a patient who has actually tried it. If it works, researchers may have pushed the door open to a whole new world of treatments that tackle these diseases at their source: our DNA.See omnystudio.com/listener for privacy information.
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Apr 3, 2017 • 24min

How Tech Companies Stake Out Hackathons for Future Stars

Tech companies face a harsh reality: You're only as good as your latest product. The scramble to identify and lure the best talent has taken recruiters to unusual places. This week, Bloomberg Technology's Lizette Chapman visits a recent hackathon at Stanford, watching as high school and college students code through the night. All the while, corporate representatives and investors are watching, eying the kids who will become future stars.See omnystudio.com/listener for privacy information.
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Mar 30, 2017 • 30min

Inside YouTube's Battle Against the Internet's Darkest Corners

A crisis is brewing at the world's largest video service. YouTube has seen big advertisers from AT&T to Wal-Mart pull their ads off the platform over fears that their brand will appear next to offensive or extremist content. This week, Bloomberg Technology's Mark Bergen and Aki Ito plunge into one of the thorniest corners of the modern Internet and ask: How do you police the unwieldy, ever-expanding mess that is the world wide web? Please note: some short examples of offensive material have been included in this episode.See omnystudio.com/listener for privacy information.
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Mar 20, 2017 • 21min

The 13 Million Nerds That Apple's Counting On

If you own an iPhone, chances are you've used Apple's App Store to buy and download apps. For years, while iPhones were flying off the shelves, Apple had the power to dictate the rules of how software developers all over the world made those apps-- and made money from them. Now, with the global market for smartphones slowing, the iPhone maker is looking to sweeten its relationship with the 13 million developers it relies on to generate revenue from the App Store. The inner workings of Apple's business are notoriously opaque, but this week Bloomberg Technology's Alex Webb and Brad Stone take you into the world of the developers themselves, to hear what it's actually been like to work with Apple-- and to find out how the world's most valuable company is trying to change that.See omnystudio.com/listener for privacy information.
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Mar 13, 2017 • 25min

Your Tax Dollars Subsidize Amazon. Are the Jobs Worth It?

When Amazon opened a warehouse in the Minneapolis suburb of Shakopee last year, a thousand people got new jobs. In return, Amazon got millions of dollars in tax breaks. This week, Spencer Soper visits Shakopee to examine the impact the e-commerce giant has had on the area's residents and businesses. For Shakopee, was it worth the investment? And what happens when cities and states across the country compete against each other to lure big corporations like Amazon, with increasingly bigger subsidies? Spencer and Aki hear from people on both sides as a national debate intensifies over how to create more American jobs.See omnystudio.com/listener for privacy information.

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