Bloomberg Intelligence

Zuckerberg Plans to Cut Metaverse Group's Budget Up to 30%


Listen Later

Watch Scarlet and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.

Bloomberg Intelligence hosted by Paul Sweeney and Norah Mulinda

-Caroline Hyde, Bloomberg Tech co-anchor, discusses Meta Platform's Mark Zuckerberg expected to cut resources for building the metaverse, which he once framed as the future of the company. Executives are considering potential budget cuts as high as 30% for the metaverse group next year, which could include layoffs as early as January.

-Anurag Rana, Bloomberg Intelligence Technology Analyst, discusses Salesforce’s outlook for current remaining performance obligation growth still suggests a sequential deceleration, likely on tepid enterprise IT spending,” and “we expect this to pressure the company over the next 6-12 months. However, successful adoption of Agentforce and Data 360 makes us optimistic that these two products can become a larger sales driver from 2H26 onward.

-Lindsay Dutch, Bloomberg Intelligence Consumer Hardlines Senior Analyst, discusses Dick's Sporting Goods earnings amid some consumer pullback 

- Mark Douglas, MNTN President and CEO, discusses the latest in the media streaming space, including WBD's sale. 

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

Bloomberg IntelligenceBy Bloomberg

  • 3.8
  • 3.8
  • 3.8
  • 3.8
  • 3.8

3.8

377 ratings


More shows like Bloomberg Intelligence

View all
Exchanges by Goldman Sachs

Exchanges

962 Listeners

Bloomberg Surveillance by Bloomberg

Bloomberg Surveillance

1,169 Listeners

Masters in Business by Bloomberg

Masters in Business

2,181 Listeners

Bloomberg Businessweek by Bloomberg

Bloomberg Businessweek

430 Listeners

Foundering by Bloomberg

Foundering

968 Listeners

Trillions by Bloomberg

Trillions

194 Listeners

Wall Street Breakfast by Seeking Alpha

Wall Street Breakfast

1,035 Listeners

UBS On-Air: Market Moves by Client Strategy Office

UBS On-Air: Market Moves

185 Listeners

Making Sense by J.P. Morgan

Making Sense

59 Listeners

Thoughts on the Market by Morgan Stanley

Thoughts on the Market

1,299 Listeners

Here's Why by Bloomberg

Here's Why

68 Listeners

Out of Office by Bloomberg

Out of Office

30 Listeners

Wall Street Week by Bloomberg

Wall Street Week

63 Listeners

Listen to the Story by Bloomberg

Listen to the Story

4 Listeners

Into the Metaverse by Bloomberg Intelligence

Into the Metaverse

58 Listeners

Bedrock, USA by iHeartPodcasts and Bloomberg CityLab

Bedrock, USA

232 Listeners

Zero: The Climate Race by Bloomberg

Zero: The Climate Race

228 Listeners

Bloomberg Tech by Bloomberg

Bloomberg Tech

59 Listeners

Bloomberg Daybreak: US Edition by Bloomberg

Bloomberg Daybreak: US Edition

79 Listeners

The Markets by Goldman Sachs

The Markets

81 Listeners

WSJ's Take On the Week by The Wall Street Journal

WSJ's Take On the Week

143 Listeners

Bloomberg News Now by Bloomberg

Bloomberg News Now

60 Listeners

The Deal with Alex Rodriguez and Jason Kelly by Bloomberg

The Deal with Alex Rodriguez and Jason Kelly

82 Listeners

Money Stuff: The Podcast by Bloomberg

Money Stuff: The Podcast

392 Listeners

Bloomberg Talks by Bloomberg

Bloomberg Talks

18 Listeners

In the City by Bloomberg

In the City

12 Listeners

Bloomberg Opinion by Bloomberg

Bloomberg Opinion

8 Listeners

The Cable by Bloomberg News

The Cable

2 Listeners

IVF Disrupted: The Kindbody Story by Bloomberg and  iHeartPodcasts

IVF Disrupted: The Kindbody Story

73 Listeners

Stock Movers by iHeartPodcasts

Stock Movers

23 Listeners