Apple Weighs Using Intel, Samsung to Build Device Processors

About this episode

The episode discusses Apple's exploratory discussions with Intel and Samsung for device processors, along with earnings reports and job cuts at Coinbase and PayPal.

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF . Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu - Caroline Hyde, BTech Co-Anchor, discusses Apple holding exploratory discussions with Intel and Samsung Electronics about producing main processors for its devices in the US, as a secondary option beyond Taiwan Semiconductor Manufacturing Co. -Geetha Ranganathan, Bloomberg Intelligence Analyst on US Media, recaps earnings from Paramount-Skydance. Paramount Skydance reported first-quarter sales and earnings that beat analysts’ expectations as the company moves closer to acquiring Warner Bros. Discovery. -Paul Gulberg, Bloomberg Intelligence Senior Equity Analyst, discusses Coinbase job cuts. Coinbase Global will cut around 14% of its workforce to manage costs in volatile markets and technological advances in artificial intelligence. The company plans to concentrate remaining staff around AI skills while reducing layers of management, with some teams consisting of just one person. -Diksha Gera, Bloomberg Intelligence Global Fintech and Payments Analyst, discusses PayPal’s plans for job cuts. PayPal Holdings plans to cut around 20% of…

People in this episode

Hosts: Paul Sweeney, Scarlet Fu

Guests: Caroline Hyde, Geetha Ranganathan, Paul Gulberg, Diksha Gera

Topics covered

• Apple processors
• Intel
• Samsung
• Coinbase job cuts
• PayPal job cuts
• Paramount earnings
• AI in business

Keywords

• Apple
• Intel
• Samsung
• Coinbase
• PayPal
• job cuts
• earnings report
• AI
• processors
• business news

Mentioned in this episode

Organizations: Apple, Intel, Samsung Electronics, Taiwan Semiconductor Manufacturing Co., Paramount-Skydance, Warner Bros. Discovery, Coinbase Global, PayPal Holdings

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