Decrypted

By Bloomberg News

Listen to a podcast, please open Podcast Republic app. Available on Google Play Store.

Description

The global technology industry is a powerful engine of innovation that drives the economy. It's also a collection of insular communities full of hidden projects, quiet rivalries, and uncomfortable truths. Join Bloomberg Technology's Brad Stone each week as he and the team's reporters uncover what actually happens behind closed doors.

Episode Date
How Tech is Harming its Most Vulnerable Users
1666
When Jared was just a pre-teen his childhood hobby, playing video games, morphed into a&nbsp;<br>compulsive and eventually harmful obsession. Years later, he's still working to move&nbsp;<br>past it, and he's not alone. This week on Decrypted, Bloomberg Technology's Pia Gadkari goes&nbsp;<br>to Boston to meet Jared and his pediatrician Dr Michael Rich, whose research shows there&nbsp;<br>are mental health repercussions for some children who spend hours online. Pia explores what&nbsp;<br>parents as well as tech companies can do to identify — and address — the problem.
Jun 19, 2018
Update: Affirmative Action in Silicon Valley
1919
When entrepreneur Mitchell Lee decided it was time to hire another engineer at his startup Penny, he set out to hire someone who broke the mold of a typical Silicon Valley programmer. This week on Decrypted, we're re-airing this episode that we first published in January 2017. At the end, you'll hear an update from Bloomberg Technology's Ellen Huet about what's happened at Penny since then.
Jun 12, 2018
When Amazon Comes Crashing In
1188
Texas food delivery startup Burpy was doing well, expanding from Austin to Houston, San Antonio and Dallas. But then Amazon got in to the same business. This week on Decrypted, Bloomberg Technology's Olivia Zaleski goes to Austin to chart one startup's struggle to survive while going up against a tech behemoth.
Jun 05, 2018
The Hunt for Bitcoin’s Creator
1746
The true identity of Satoshi Nakamoto, the unknown creator of the cryptocurrency bitcoin, is one of the tech industry's biggest unsolved mysteries. This week on Decrypted, Bloomberg Technology's Brad Stone and Julie Verhage ask the journalists who tried to find Satoshi why this secretive genius remains so elusive. And now that bitcoin is a global phenomenon, does unmasking Satoshi still matter anyway?
May 29, 2018
A Venezuelan Bitcoin Miner on Why He Had To Flee
1505
Venezuela's spiraling economic crisis has forced many citizens to seek new ways of making money. This week on Decrypted, Bloomberg's Camila Russo and Brad Stone hear from one businessman who made the decision to quietly start mining bitcoin -- a smart move until it attracted the attention of the police. Authorities raided his office, and he says, tried to extort him -- forcing him to flee the country.
May 22, 2018
Inside Amazon’s Big Showdown With Seattle
1413
There's a standoff brewing in Seattle. After years of double-digit growth in home prices, homelessness is surging and the city council is weighing a tax on big businesses to fund new affordable housing. But Amazon, Seattle's largest employer, threatened to curtail its expansion plans in the city if the tax took effect. This week on Decrypted, Bloomberg Technology's Karen Weise and Brad Stone explore this showdown between one of the world's largest companies and a city that has experienced both the benefits and drawbacks of Amazon's meteoric growth.
May 15, 2018
Bonus: The Pay Check, a New Podcast
214
It’s a big, expensive, global mystery. Why do women still make less money—a lot less—than men? In the US, the average woman makes 80 cents to every dollar a man makes. Launching May 9, the Pay Check is an in-depth investigation into what that 20 percent difference looks like. In this miniseries we'll show you how the gender pay gap plays out in real life. We'll hear from Lily Ledbetter, Mo’Nique, and a lot of other women who weren’t happy to be paid less. We'll find out what happens when a whole country tries to tackle the pay gap. And we'll talk to some women who are taking things into their own hands.
May 09, 2018
Update: The Russian Cybersecurity Company Kaspersky Lab
1450
In July, we brought you an investigation of the Moscow-based antivirus software maker Kaspersky Lab and its connections with the Russian government. A lot has happened since then. This week on Decrypted, you'll hear a shortened version of that original episode, as well as an update to catch you up on the latest developments.&nbsp;
May 08, 2018
The Race to Teach Robots How to Do Our Jobs
1598
Before they can take away our jobs, robots need to learn how to do them. This week on Decrypted, Bloomberg Technology's Joshua Brustein meets the people training these machines, and gives "robot piloting" a try himself. He also hears from the researchers developing ways for robots to learn more quickly. He discovers that, in some ways, machines capable of completing everything humans can are further away than you might think.
May 01, 2018
How Fasting Turned Into Silicon Valley's Latest Obsession
1534
Fasting is taking off in Silicon Valley, with everyone from entrepreneurs to established executives touting the health and productivity benefits. This week on Decrypted, Bloomberg Technology's Tom Giles and Selina Wang try it themselves to see what the hype is all about. They also speak to others in the tech community to understand why fasting has become so popular in the industry, and they examine a couple businesses that are hoping to capitalize on the trend.
Apr 24, 2018
A Female Engineer's Fight for Equal Pay at Google
1015
Kelly Ellis was excited when Google hired her as a software engineer in 2010. But soon, she started noticing things that made her wonder whether her male colleagues were making more money than her. This week on Decrypted, Bloomberg Technology's Ellen Huet and Aki Ito hear from Kelly as she recounts the red flags she saw, and why, after many years, she decided to sue Google for discrimination. Kelly and three other plaintiffs are now locked in a high-profile battle against a Silicon Valley giant, which has denied their allegations. This episode was produced in partnership with the Reveal podcast from The Center for Investigative Reporting and PRX.
Apr 14, 2018
The World Is Cracking Down on Bitcoin—Except Japan
1629
Over the last few months, governments around the world have cracked down on bitcoin and other cryptocurrencies. But one country is sticking to its crypto-friendly policies: Japan. This week on Decrypted, Bloomberg Technology's Yuji Nakamura and Aki Ito take you to Tokyo to meet the unlikely characters who helped turn Japan into the world's premier bitcoin hub, including investor Roger Ver, a.k.a. Bitcoin Jesus.
Apr 10, 2018
How Melinda Gates Is Tackling Tech's Gender Problem
1284
Over the last few decades, Melinda Gates' philanthropy has taken her to all corners of the globe. But recently she's come to focus on an issue much closer to home: a dearth of women in tech. This week on Decrypted, Melinda sits down with Bloomberg Technology's Emily Chang to talk about her decision to back a venture capital firm run by two women, and what she hopes to achieve from that investment.
Apr 03, 2018
Facebook’s Former Employees Open Up About the Data Scandal
1106
As Facebook reels from a public backlash over its handling of user data, former employees are starting to air their hesitations and criticisms of the company they helped build. This week, Bloomberg Technology's Sarah Frier and Aki Ito hear from these former insiders to examine the mistakes that led to the company’s crisis today.
Mar 30, 2018
Stay Tuned
75
We're hard at work on a new episode about Facebook's data scandal. We'll be publishing that later this week. Stay tuned.
Mar 27, 2018
Inside a Local Newspaper's Fight to Survive
1597
Since the advent of the internet, local newspapers like the U.K.'s Bournemouth Daily Echo have been relentlessly cutting costs to survive. Now, another wave of change is approaching: automation. This week, Bloomberg Technology's Jeremy Kahn visits the Echo's newsroom, which has been experimenting with computer-generated stories produced by a project funded by Google. The technology's helping the paper's editors serve its readers with fewer journalists. But will automation ultimately end up taking even more jobs?
Mar 20, 2018
The Surprising Power Broker Backing E-Commerce Startups
1596
When Abigail Stone decided to start an online candle company, she had neither investors nor a product. But she found an early ally in the branding agency Red Antler, which agreed to help her get her business off the ground in exchange for a cut of her company. This week, Bloomberg Technology's Jing Cao and Brad Stone follow Abigail in the frenzied months leading up to and following the launch of her startup Otherland. Along the way, we'll see how much Red Antler can help an unknown entrepreneur stand out in the highly-competitive e-commerce industry—and we'll judge whether its services are worth the considerable price.
Mar 13, 2018
A Hacker's Redemption (Part 2)
1697
By the time he was 27, Hector Monsegur had become one of the most notorious hackers on the internet. With the vigilante group Anonymous and its offshoot LulzSec, he launched attacks against multibillion-dollar companies and governments around the world. But then he got caught. This week on Decrypted, Bloomberg Technology's Aki Ito and Brad Stone bring you his story in its entirety, in two episodes. Part 1 recounts Hector's childhood as he fell in love with the internet, and gradually descended into the world of cybercrime. Part 2 traces his complicated journey to rebuild his life.
Mar 06, 2018
A Hacker's Redemption (Part 1)
1926
By the time he was 27, Hector Monsegur had become one of the most notorious hackers on the internet. With the vigilante group Anonymous and its offshoot LulzSec, he launched attacks against multibillion-dollar companies and governments around the world. But then he got caught. This week on Decrypted, Bloomberg Technology's Aki Ito and Brad Stone bring you his story in its entirety, in two episodes. Part 1 recounts Hector's childhood as he fell in love with the internet, and gradually descended into the world of cybercrime. Part 2 traces his complicated journey to rebuild his life.
Mar 06, 2018
Coming March 6
166
Decrypted returns on March 6 with a brand new season. Here's a sneak peek of what's in store. We'll be releasing new episodes every Tuesday starting next week.&nbsp;
Feb 27, 2018
A Special Announcement From Decrypted
179
This week, Brad and Aki have a special announcement: Decrypted will be on break for the next few weeks. The team's already hard at work on a bunch of new stories for 2018, and we promise they'll be worth the wait. In the meantime, happy holidays! We'll be back with weekly episodes in February.&nbsp;
Dec 26, 2017
Inside the Big Plan to Make Ethereum Go Mainstream
1533
Cryptocurrencies have exploded in 2017. But while prices are surging, transactions are facing long delays because the networks are flooded with traffic. This is the problem facing the Ethereum network, which, along with its digital currency ether, has quickly become the world's No. 2 cryptocurrency after Bitcoin. And one man, Vlad Zamfir, has a plan to fix it. This week, Bloomberg's Matthew Leising and Brad Stone speak to Zamfir about his big dreams for Ethereum and how his project (codenamed Casper) could pave the way for masses of ordinary internet users to join in the craze.
Dec 19, 2017
He Sparked the Fake News Boom. Then Facebook Broke His Business
1700
From a young age, Cyrus Massoumi knew he wanted to become rich one day. In 2012, he figured out how: by creating an inflammatory, hyper-partisan news site that used Facebook to make its articles go viral. This week, Bloomberg Technology's Sarah Frier and Aki Ito talk to Cyrus about how MrConservative.com's success sparked a frenzy of other sites like it. Cyrus watched the phenomenon snowball—until one day he realized he had created a monster.
Dec 12, 2017
UPDATE: Life After Blowing the Whistle in Silicon Valley
2135
When Francisco Riordan suspected his company of breaking the law last year, he secretly reached out to federal regulators. His actions helped set in motion events that left Rothenberg Ventures subject to a government investigation and multiple lawsuits -- and according to Francisco, cost him his own job. This week, we're re-broadcasting this May episode, in which Francisco first went public with his role as a whistleblower. At the end, you'll hear a recent conversation between Decrypted's Aki Ito and Francisco, who give us an update on his life. There's valuable advice here for people who are considering calling out their own employers for bad behavior.
Dec 01, 2017
Could Robots Take Away This Classic Wall Street Job?
1540
For a decade, Ken Sena has had a classic Wall Street job as an equity analyst, which means he researches companies to help investors decide which stocks to buy and sell. Last year, he met developer Bryan Healey, who helped build the AI assistant Alexa at Amazon. The two of them embarked on a curious challenge: to make a computerized version of Ken that can dole out its own stock recommendations. This week on Decrypted, Bloomberg Technology's Alistair Barr and Julie Verhage meet Ken and Bryan's creation. What does their breakthrough mean for the future of Ken's profession? And will we all soon be taking investment advice from robots?&nbsp;
Nov 21, 2017
I Was Ridiculed on Instagram. Here's What I Learned
1571
A few months ago, Bloomberg Technology's Adam Satariano found an unflattering video of himself going viral on Instagram. Someone had filmed him riding the train, furiously typing on his phone. That discovery and his quest to get the video deleted got Adam thinking about the changing nature of online privacy. This week on Decrypted, we meet the man behind SubwayCreatures, the popular Instagram account that briefly featured the video of Adam. As internet companies face growing pressure to police more of what's on their platforms, Adam and Aki Ito ask: do we want these businesses to become the editors of our digital lives?
Nov 14, 2017
Facebook, Google and Twitter Face a Reckoning in Washington
1587
Fake news, Russia and the U.S. election: It's been one of the biggest stories over the last year. Last week, it all came to a head as Congress summoned representatives from Facebook, Google and Twitter to explain how Russia used their platforms to sway the minds of American voters. This week on Decrypted, Bloomberg Technology's Sarah Frier, Gerrit De Vynck and Joshua Brustein discuss how we got here and what consequences these tech giants could face as lawmakers prepare to take action.
Nov 08, 2017
My Five Nights at a $20 Billion Startup's Dorm-Like Apartment
1308
In 2014, WeWork told its investors that its next big thing would be a product called WeLive: a dorm-like apartment that applies the company's success in providing office space to the home life. Investors were told there would be 34 WeLive locations by the end of 2017; today, there are just two. This week on Decrypted, Bloomberg Technology's Ellen Huet spends five nights at a WeLive apartment in New York to figure out why growth has come so slow, and what that means for the future of this $20 billion startup.
Nov 02, 2017
A Conversation With Billionaire Masayoshi Son
1343
Back in May, we brought you an episode about the life of Japanese billionaire Masayoshi Son, who at that time had just raised his $93 billion tech fund. This week, we'll play you a wide-ranging conversation that Son had for a Bloomberg TV series called The David Rubenstein Show: Peer-to-Peer Conversations. Among the topics Son discusses: the dot-com crash in which he lost much of his wealth, the 45-minute conversation he had with one investor that led to a $45 billion commitment, and his vision for the future of humanity.&nbsp;
Oct 25, 2017
How Extreme Risk-Taking Pushed Uber to the Brink
1722
At the center of the crisis enveloping the world's most valuable startup is Uber's mounting legal problems: The ride-hailing giant today faces at least five criminal probes from the U.S. Justice Department, as well as dozens of lawsuits. This week, Bloomberg Technology's Eric Newcomer and Brad Stone explain how things got so bad. They'll also discuss the challenge ahead as the company's new CEO scrambles to get Uber back on stable footing.
Oct 17, 2017
Iran's Budding Tech Scene Fears Trump's Next Move
1510
In 2015, Iran signed a landmark deal with global superpowers. An end to Iran's isolation pointed to a bright future for the country's budding tech scene -- but then, Donald Trump, a vocal critic of the nuclear agreement, won the U.S. presidency and once-eager foreign investors got spooked. This week on Decrypted, Bloomberg's Ladane Nasseri visits the founders of a homegrown e-commerce startup called Koodakoo as well as several other companies. These young entrepreneurs are awaiting Trump's next move -- and what his actions would mean for the future of their businesses -- as he threatens to renegotiate and even withdraw from the nuclear agreement.&nbsp;
Oct 09, 2017
Why Investors Poured $110 Million Into a Sock Maker
1565
Many of Silicon Valley's most celebrated companies build software -- but these days, the startup everyone's talking about is Stance, which makes socks. This week, Bloomberg Technology's Sarah McBride visits Stance to see why venture capitalists have poured $110 million into a business that has little to do with technology.&nbsp;
Oct 03, 2017
The Worst-Case Scenario After the Equifax Hack
1399
A devastating cyberattack on Equifax has compromised critically sensitive information on 143 million U.S. consumers. While we won't know the full repercussions for years, this week on Decrypted, Bloomberg Technology's Lizette Chapman explores the worst possible things that could happen to these people whose information was stolen. You may think that identity theft ends after a couple canceled credit cards, but Lizette speaks to victims who spent years rebuilding their shattered finances and lives. Lizette and Brad also outline what you can do right now to protect yourself -- although nothing can guarantee complete safety on today's internet.&nbsp;
Sep 26, 2017
UPDATE: Russian Interference in the U.S. Election
1772
As news continues to break about Russia's attempts to influence and hack the U.S. election, this week we're re-airing an episode from 2016 about how investigators traced the breach of the Democratic National Committee's email servers to Russian spies. At the end of the episode, Brad and Bloomberg Technology's Jordan Robertson discuss everything that's happened since then.&nbsp;
Sep 19, 2017
Here's One Big Reason Tesla Still Doesn't Dominate Our Roads
1536
Despite tremendous advances over the last decade, electric cars have yet to go mainstream. Even once Tesla ramps up production of its Model 3 cars, one obstacle will remain: a lack of infrastructure lining America's roads. This week on Decrypted, Bloomberg Technology's Pia Gadkari dives deep into the companies, led by Tesla, that are trying to tackle this problem -- by pouring millions of dollars into building a network of charging stations.&nbsp;
Sep 14, 2017
How to Teach a Kid Thousands of Miles Away
1517
In China, parents are desperately seeking good teachers for their children. A number of local tech startups are meeting that demand; one is even connecting them with American tutors halfway across the world. This week, Bloomberg Technology's Peter Elstrom explores VIPKid's data-driven approach to online tutoring, to see what it means for Chinese students, as well as the U.S. teachers who are finding a new source of employment.
Sep 06, 2017
How a Crisis Almost Derailed the Original iPhone
1948
The year is 2005, the company is Apple. The iPod is a smash hit, but then-CEO Steve Jobs decides it's time to cannibalize the company's star product with a gamble: a smartphone. A decade after those phones reached the hands of the first consumers and changed the history of computing, Bloomberg Technology's Mark Gurman goes deep behind the scenes with the people who raced to get that original iPhone ready. On the eve of the product's unveiling, a crisis almost derailed the entire project. Mark and Brad also discuss the various features that people can expect from the iPhone 8, which Apple's set to announce next month.
Aug 29, 2017
The Nuclear Tech Breakthrough That Could Make Oil Obsolete
1666
We hear a lot about the approaching end of the fossil fuel era. But as various companies work on wind and solar, there's a group of scientists quietly working on another method of generating electricity, in the lab that once created the atomic bomb. This week, Bloomberg Technology's Jing Cao visits the researchers who are smashing hydrogen atoms together in a process called nuclear fusion. They say they're on the brink of a major milestone, but they face an age-old problem: not enough funding.
Aug 22, 2017
Flying Water Taxis: Coming Soon to a River Near You?
1291
A sailor and a windsurfing champion are trying to crack your morning commute with a new kind of transportation device: a zero-emissions boat that looks like it flies above the water. This week, Bloomberg Technology's Marie Mawad and Aki Ito take a look at the challenges that lie ahead for this startup, now that the company has developed a working prototype in France. This follows last week's episode on another entrepreneur's lifelong passion for flying cars.
Aug 15, 2017
A Lifelong Quest for Flying Cars Sparked Frenzy, Then Bankruptcy
1568
Silicon Valley currently has a serious case of flying car fever, but this isn't the first time enthusiasm for these vehicles has gripped the industry. This week, Bloomberg Technology's Alistair Barr and Aki Ito visit the man who's spent his entire life trying to turn his Jetson-like vision into reality. It's a story of unwavering and maybe even irrational optimism that's cost Paul Moller more than $100 million and led him to declare bankruptcy and face allegations of fraud.&nbsp;
Aug 08, 2017
Sexual Harassment in Silicon Valley
1566
Over the last few weeks, several woman have come forward with their accounts of being harassed in the tech industry. This week, Bloomberg Technology's Aki Ito and Sarah McBride hear from a woman who's never spoken publicly about her experience. The episode also includes interviews with multiple women who were instrumental in exposing what many have called Silicon Valley's "open secret" and recount what their lives have been like since sharing their stories. Please note: This episode includes discussion of adult content.&nbsp;
Jul 27, 2017
Human vs Machine: Robots on the Assembly Line
1303
One of President Donald Trump's biggest priorities is to bring manufacturing jobs home, and advances in industrial automation are making it cheaper and easier to do that. But a plant full of robots requires fewer workers. This week Bloomberg Technology's Alex Webb takes a look at whether these factories of the future could still give a boost to communities in the heartland.&nbsp;
Jul 24, 2017
Could 3D Holograms Replace Your Computer Screen?
1356
A few months ago, a startup called Meta started clearing out the computer monitors that sat on employees' desks -- asking them to instead use the company's augmented reality headsets, which overlay holograms on top of the real world. This week, Bloomberg Technology's Selina Wang visits Meta to see how its workers have fared in this transition. Could desktop computers soon become as outdated as typewriters?
Jul 18, 2017
Why U.S. Officials Are Worried About This Russian Firm
1485
Moscow-based Kaspersky Lab's software is everywhere in the U.S., keeping ordinary consumers as well as banks and power plants safe from cyber attacks. But some within the U.S. government are getting worried about the Russian company's connections with its own government, questioning whether Kaspersky Lab can be trusted to safeguard key parts of the U.S. digital infrastructure. This week, Bloomberg Technology's Jordan Robertson reveals details from his investigation outlining Kaspersky Lab's connections with the Kremlin. Jordan will also play clips of a conversation with the company's founder Eugene Kaspersky that have never been aired before.
Jul 11, 2017
Update: The Hostage in Mauritania
1151
In January, we brought you the story of a cyber weapons deal involving the government of the West African nation Mauritania. It was a deal that ultimately fell apart. But while the Indian businessman brokering the deal managed to walk away with about a million dollars, Mauritanian officials have been holding hostage one of his bodyguards for nearly two years. If you haven't heard the original episode, go back and listen. Because this week, Bloomberg Technology's Jordan Robertson and Aki Ito have a spoiler for you. This episode is an update to "Inside A Multinational Cyber Weapons Deal That Went Bust."
Jul 05, 2017
Human vs Machine: Fitness Gadgets
1664
A new generation of fitness gadgets is just starting to reach consumers, and they do so much more than track your activity -- they actually tell you what to do, just like a personal trainer. This week, Bloomberg Technology's Aki Ito tests 17 devices and sees if any of them are as good as the real thing: working out with a human trainer.
Jun 27, 2017
Human vs. Machine: Self-Driving Trucks
1697
One day, driving a truck could look pretty similar to a call center job. From a desk in an office, "drivers" will remotely monitor one or several trucks as they haul cargo around the country. Or at least that's the future that Starsky Robotics envisions. This week, Bloomberg Technology's Max Chafkin takes a ride down a Florida highway in a truck being driven by a computer to see how close we really are to seeing self-driving technology roll out in the real world. He and Brad will also discuss the implications for the millions of Americans currently employed in the transportation sector.
Jun 21, 2017
This Man’s Murder Might Get Solved by Amazon’s Alexa
1549
On November 22, 2015, 47-year-old Victor Collins was found in a hot tub, apparently strangled and drowned. Investigators seized an Amazon Echo device at the scene of the crime, hoping the voice-activated speaker may have captured key evidence. This week, Bloomberg Technology's Nico Grant speaks to friends of the victim as well as digital forensics and privacy experts to put this new kind of evidence under the spotlight. As we surround ourselves with more and more of these internet-connected devices, Nico and Aki will discuss how our data should be used and why consumers should care.
Jun 12, 2017
How Chao Bet $500 Million on Himself—and Got Even Richer
1669
Charles Chao knew his social media platform had potential. But the parent company of Weibo, often referred to as the Twitter of China, was getting slammed in the stock market. That's when Chao decided to go all in. This week, Bloomberg Technology's David Ramli meets the man who cobbled together much of his personal wealth, and took out a loan for a quarter of a billion dollars, to bet on his business' rise just as others were predicting its decline. The gamble paid off, and Chao today is on track to become one of China's newest billionaires.
Jun 05, 2017
Masayoshi Son's $100 Billion Bet to Conquer the Future
1756
Masayoshi Son is already one of the Japan's most successful businessmen, and now he's making his biggest gamble yet: To invest a record $100 billion in the technology that will power our future. This week, Bloomberg Technology's Peter Elstrom and Brad Stone trace the life of the billionaire, from his childhood as an immigrant and outsider in Southern Japan to the huge risks that Son took to grow SoftBank into an ever larger company. Peter and Brad also play some old tapes of Son from 30 years ago, back when he was a relatively unknown entrepreneur, that have never been released before.
May 30, 2017
How to Earn Millions in China's App Economy
1618
In the U.S., free content -- whether that's cooking tutorials on YouTube or the latest news on Twitter -- is supported by advertising. In China, however, companies have succeeded in getting people to directly pay for what they consume, opening up a new source of revenue for the booming app industry and lucrative opportunities for content creators. This week, Bloomberg Technology's Selina Wang speaks to a former magazine editor who has earned millions of dollars from the weekly column that he publishes on the app De Dao. We'll also hear from two of China’s top tech investors on whether U.S. companies can learn from China’s success.
May 22, 2017
Why a Chinese Chemicals Company Wants To Invest in Gaming Apps
1548
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?
May 16, 2017
Meet the Whistleblower Behind a Silicon Valley Meltdown
1751
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.
May 08, 2017
Fake News in the French Elections
1551
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?
May 02, 2017
Son of Chinese Factory Workers Built This $1.5 Billion Startup
1700
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.
Apr 27, 2017
Pinterest's Second Act
1558
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?
Apr 20, 2017
Here's the Incredible Promise of Medicine That Targets Our DNA
1655
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.
Apr 10, 2017
How Tech Companies Stake Out Hackathons for Future Stars
1485
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.
Apr 03, 2017
Inside YouTube's Battle Against the Internet's Darkest Corners
1858
A crisis is brewing at the world's largest video service. YouTube has seen big advertisers from AT&amp;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.
Mar 30, 2017
The 13 Million Nerds That Apple's Counting On
1306
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.
Mar 20, 2017
Your Tax Dollars Subsidize Amazon. Are the Jobs Worth It?
1532
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.
Mar 13, 2017
The Billion Dollar Industry of Professional Video Game Battles
1571
Do you ever spend time online watching people compete with each other at playing video games? Perhaps not (yet), but this pastime known as esports is turning into a popular and potentially lucrative category of sports entertainment. This week, Bloomberg Technology's Joshua Brustein meets a team of professional gamers, as well as the team owners (including former NBA star Rick Fox) helping them battle their way to the top of a League of Legends championship. In the process, Josh and Aki explore what it takes to build an esports league from scratch.
Mar 06, 2017
Why It's So Hard to Build a Startup Outside the Big Tech Hubs
1194
When Jase Wilson launched his startup in Kansas City, Missouri, he didn't intend on leaving. But he struggled to get the funding he needed from local investors, and he decided to try his luck in California. Before long, Jase won the backing of, among others, the movie star Ashton Kutcher. This week, Bloomberg Technology's Sarah McBride visits Kansas City to figure out why Jase, and other founders like him across the country, find it so hard to thrive outside the big coastal tech hubs.
Feb 27, 2017
Snapchat's High-Stakes Clash With Its Neighbors on Venice Beach
1778
Ever since it was a tiny startup, Snap, the parent company of Snapchat, has been based in the quirky, bohemian Los Angeles beach town of Venice. Now, the social media app maker employs almost 2,000 workers and is about to become a publicly traded company. This week, Bloomberg Technology's Sarah Frier and Aki Ito visit Venice to hear from longtime residents and business owners, some of whom worry they're getting priced out of their neighborhood. They also speak to community members who say the company is doing its best to offset the pains that economic success can bring. As Snap prepares for its March IPO, which will turn some of its young employees into overnight millionaires, tensions are reaching a fever pitch.
Feb 22, 2017
How the Internet's Just Starting to Transform Cuba
1381
In the past two years, Cuba has started rolling out public access to the internet. Wifi is now available through a network of hotspots-- but access is expensive, and the connection can be patchy and slow. This week, Bloomberg Technology's Pia Gadkari visits Cuba, exploring what life looks like when a country's just starting to get online. Pia and Aki hear from local entrepreneurs how the Internet is helping them grow their businesses, and discuss the potential for U.S. tech companies on the island.
Feb 13, 2017
Silicon Valley's Revolt Against Trump's Travel Ban
1542
On his eighth day in office, President Trump signed an executive order banning the U.S. entry of people from seven Muslim-majority countries. The move sparked outrage from several tech companies, which rely heavily on the talent of skilled foreigners. This week, Bloomberg Technology’s Aki Ito and Olivia Zaleski speak to both tech workers directly affected by this ban as well as company executives who fear the order will hurt their businesses. More restrictions could be on the horizon, and Aki and Olivia discuss what those might mean for the industry.
Feb 06, 2017
The Untold Story of One of Uber's Very First Drivers
1755
More than 1.5 million people drive for Uber in cities all over the world. And yet, as the company finds new ways to make rides cheaper for customers, it's become harder for the app's contractors to make a decent living. This week, Brad visits one of Uber's very first drivers, and, together, they explore the complicated history between the ride-sharing app and its workers. Brad and Bloomberg Technology's startups reporter Eric Newcomer also discuss where that relationship is headed.
Jan 30, 2017
What Trump's Tweets Mean for Twitter, and Democracy
1919
We still don't know what Trump's presidency means for the broader tech industry, but one thing is clear: He loves Twitter. On the one hand, a president speaking directly with the people seems like a good thing. But will there be unintended consequences? This week, Bloomberg Technology's Brad Stone and Josh Brustein dig deep with two former Twitter employees, and also ask why a tool that's cemented its role in our public discourse is still struggling as a business.
Jan 23, 2017
Inside a Multinational Cyber Weapons Deal That Went Bust
1391
As cyber-spying gets ever more sophisticated, governments worldwide are rushing to get equipped with the most cutting-edge technology. This week, Bloomberg Technology's Jordan Robertson and Aki Ito take you into the heart of a multimillion-dollar deal to help a West African nation spy on its own people. But the deal goes south -- offering a rare glimpse into the shadowy world of the global cyber weapons industry.
Jan 18, 2017
What Happened When a Startup Tried Affirmative Action Hiring
1556
It's something that just about every technology company says it wants to address -- diversifying its workforce. So why is the industry so full of men, most of whom are white or Asian? Bloomberg Technology's Ellen Huet and Aki Ito follow Mitchell Lee, co-founder of a startup called Penny, as he tries to hire someone who doesn't look like your typical Silicon Valley programmer. The process raises some surprising challenges and poses plenty of uncomfortable questions.
Jan 09, 2017
These Are the Worst Things That Could Happen in 2017
1369
It's been a year full of surprising developments, from Brexit to the election of Donald Trump. This week we're bringing you our pessimist's guide to 2017: What might happen in the tech industry if it all goes horribly wrong? These are the most dire scenarios our team of reporters could come up with.
Dec 23, 2016
The Creepy Obsession Techies Have With Living Forever
1395
A lot of people in the tech industry have a fascination with defying death. But only a few of them are actually working on ways to achieve it. This week, Bloomberg Technology's Ashlee Vance goes to Russia to meet one of the pioneers of the cryonics movement. We'll take a look at the technology he's developing, and see how close really he is to cracking the code to eternal life.
Dec 19, 2016
Inside Pixar's Make-or-Break Gamble to Make Toy Story a Hit
1436
Computer animated movies are everywhere these days. But in 1995 when Pixar was preparing to release Toy Story, the public had never seen a fully computer-animated movie before. Toy Story was years in the making and for Pixar everything was on the line. This week, Bloomberg Technology's Brad Stone and Pia Gadkari take us back to those final months, when CEO Steve Jobs, CFO Lawrence Levy and Pixar's other employees were racing to finish its first feature film, while also planning an all-important IPO.
Dec 12, 2016
When a French Billionaire Built a Free Tech School in the U.S.
1626
Coding boot camps are everywhere these days, promising to arm you with the most highly sought skill in the modern economy: computer programming. While many programs charge thousands of dollars for just a few months of instruction, one school, started in Paris by the French billionaire Xavier Niel, offers a three-year curriculum for free. This week Bloomberg Technology's Sarah McBride and Marie Mawad report on Ecole 42's newly-opened Silicon Valley branch, which is hoping to repeat the Paris school's success in training underprivileged youth. But things haven't quite turned out the way administrators were expecting.
Dec 05, 2016
The Fake Reviews and Counterfeits That Amazon's Trying to Quash
1832
(Bloomberg) -- Now that the holidays are approaching, chances are you'll be doing at least some of your gift shopping on Amazon.com. But before you click "buy" on the first favorably-reviewed item you find, take a minute to learn about how you can avoid getting duped by the site's fake reviews and phony products. This week, Bloomberg Technology's Brad Stone and Spencer Soper report on the extreme tactics some vendors are using to get an edge on the competition, and what Amazon is doing to crack down on those people who are gaming the system. As we do more of our shopping on the internet, the stakes are only getting higher.
Nov 25, 2016
How Fake News Blew Up Into a Political Crisis for Facebook
1678
On the night of the U.S. presidential elections, one of Facebook’s former product designers turned to Facebook to vent. His claim: The social media platform may have helped inaccurate and partisan news stories reach more voters, setting the stage for Donald Trump’s victory. Two weeks later, Facebook’s fake news problem has become one of the most hotly debated issues in America. This week, Bloomberg Technology’s Aki Ito and Sarah Frier speak to not only that former Facebook employee, but also two prominent investors in Silicon Valley as well as an editor of fact-checking site Snopes.com. Together, they grapple with the responsibilities that Facebook shoulders as a source of news for a growing portion of the world.
Nov 21, 2016
Will Siri Ever Outsmart Us?
1848
Virtual assistants such as the iPhone's Siri are now everywhere, reading us the news, recommending restaurants and navigating a path to our jobs. But any casual user knows they're far from perfect. This week, Bloomberg Technology's Aki Ito and Alistair Barr visit Professor Terry Winograd, a pioneer in artificial intelligence who amazed the world with a precursor to these assistants half a century ago. Terry tests the assistants from Apple, Google, Microsoft and Amazon and explains why, despite all the hype, computer scientists are still far away from building machines that can outsmart humans.
Nov 14, 2016
This Blogger Is Exposing the Risky World of Startup Investing
1573
A handful of websites have launched in the U.K. over the last few years, allowing not only the rich but also the rest of us to invest in startups. How likely is it that you'll end up striking gold on the next Facebook? This week, Bloomberg Technology's Adam Satariano travels to Scotland to meet one man keeping track -- and at least so far, the results are not promising.
Nov 07, 2016
Confessions of a Tech Entrepreneur Who Lied to Investors
992
When Antonio Garcia Martinez was trying to raise money for his fledgling tech company, he worried that an honest pitch wouldn't get him the funds he needed. So he lied. This week, Brad and Bloomberg Technology's Ellen Huet explore the murky world of early-stage startups -- not just with Antonio but also with one of his startup's investors, as well a business school professor. In the absence of the strict rules governing public companies, are Silicon Valley's entrepreneurs getting away with too much?
Oct 31, 2016
How Experts Traced the DNC Hack to Russian Spies
1292
Donald Trump insists that we don't know who was behind the cyber attack on the Democratic National Committee. Is he right? Bloomberg Technology's Jordan Robertson talks to Mike Buratowski, who oversaw the investigation into malicious code that spied on emails sent by DNC officials and others. After examining the hints left behind, they tackle the big issue: If hackers backed by Russia really were the perpetrators, what more could they do to mess with Americans' votes and U.S. democracy?
Oct 24, 2016
What It Takes to Vanquish Uber
964
Very few things have stopped Uber in its quest for world domination -- except Didi, the Chinese ride-hailing startup that in August announced it will buy Uber's China operations. This week Lulu Chen and Brad Stone tell the story of how Didi rose to prominence, and the battles its founder Cheng Wei waged to defeat dozens of Chinese rivals before taking on Uber. Now that it's conquered the world's largest ride-hailing market, can Didi finally make money?
Oct 17, 2016
Inside the Spectacular Failure of Fab.com
1236
Just a few years ago, Fab.com was valued at $1 billion. Today, it's remembered as one of the most epic flame-outs in the history of U.S. technology startups. Bloomberg's Sarah Frier, who in 2013 was the first to report on Fab's internal turmoil, talks to founder Jason Goldberg about how he felt as the company soared and then collapsed. Jason also recounts the lessons he's learned -- so he won't repeat them as he prepares to launch a new business all over again.
Oct 10, 2016
Welcome to Decrypted
222
The global technology industry is a powerful engine of innovation that drives the economy. It's also a collection of insular communities full of hidden projects, quiet rivalries, and uncomfortable truths. Join Bloomberg Technology's Brad Stone each week as he and the team's reporters uncover what actually happens behind closed doors.
Oct 04, 2016