Goldman Sachs CEO and Chairman Lloyd Blankfein sat down with Kristen Scholer for a wide-ranging interview. Blankfein shared his thoughts on President Trump, who he recently met with at the World Economic Forum in Davos. While he wasn't an early supporter of Trump, he believes the president is good for small business and the American economy. Blankfein also shared his thoughts on the crypto craze, saying there's a lot of hype surrounding the currency. He says Goldman won't open a trading desk for bitcoin anytime soon.
Netflix signed a huge deal with star producer Ryan Murphy. The director, writer, and producer of hit shows such as "Glee," "Nip/Tuck," and "American Horror Story," will exclusively create content for the streaming giant starting in July. The deal is worth $300 million and spans five years.
Uber scaled back its losses in the last quarter. The company disclosed its financial information which showed it posted a $1.1 billion loss compared to last quarter's $1.46 billion loss. But revenue jumped 14% to $11.1 billion in that same quarter. Despite going through many public scandals, Uber saw a boost in ridership.
Plus, we talk about how Snapchat's redesign has drawn sharp criticism from its younger users. The Daily Beast's Taylor Lorenz says people will have to get used to it because there is no chance Snapchat will change back to the old version. The outrage led to change.org petition which has already generated 600,000 signatures.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
Visa is hoping to hand your credit card to an artificial intelligence “agent” that can find and buy clothes, groceries, airplane tickets and other items on your behalf.
Skift Editor-In-Chief Sarah Kopit discusses how summer travel plans remain uncertain for most as many international travelers are leery to travel abroad. Watch!
Seth Schachner, Managing Director at Strat Americas, on Hollywood's latest blockbusters utilizing content creation. Plus, the future of YouTube and TikTok.
Ashley Gold, Axios' Tech/Policy reporter, discusses what the future of Google and search engines will look like after the tech giant faces an antitrust trial.
