Bloomberg News and Videos — Page 163

SpaceX aborted Thursday's mission when some of its Starship rocket engines didn't fire up. The company said it will aim to launch again in a few days. The delay amounts to another setback for a spacecraft central to Chief Executive Officer Elon Musk's ambitions to put data centers in space, expand the Starlink communications network and send humans to the moon and Mars. Bloomberg Intelligence's Matthew Bloxham has more.

President Trump has accused China of interfering with US elections in 2020, claiming the Chinese government stole voter files. King's College London visiting lecturer, Samir Puri, suggests the move may be political misdirection amid continued tensions in the Middle East tensions and domestic election pressures. He appeared on Bloomberg's Insight with Haslinda Amin.

President Xi Jinping says AI needs to be "controllable" by humans and made a sweeping call for international cooperation in his debut at the World AI Conference in Shanghai, an event that previously attracted Elon Musk and Jack Ma.

Henry Huiyao Wang, founder and president of Center for China and Globalization, said US President Donald Trump shouldn't be "scapegoating" China in his national address, alleging the country of meddling with the 2020 elections.  He speaks with David Ingles and Yvonne Man on Bloomberg's The China Show.

Xi Jinping arrives at China's flagship World AI Conference in Shanghai.

Federal Reserve Vice Chair Philip Jefferson suggests the central bank should consider raising interest rates if inflation doesn't cool soon during remarks at an event in Stanford, California.

SenseTime Co founder, Chairman and CEO Xu Li talks to Bloomberg TV's Minmin Low on the company's evolution beyond computer vision into native multimodal AI, its differentiation strategy with SenseNova, profitability amid scarce computing resources, and supply chain diversification in the face of export controls. Xu also addressed geopolitical risks and how SenseTime is navigating technology restrictions while leveraging domestic GPU partners.

Derek Huerta, Eclipse Space's co-founder and CEO, addressing a question on the delay of a critical test of SpaceX's massive Starship rocket, said the approach is more cautious and conservative in the early days to ensure there's a high probability of success. The test is the rocket's first since SpaceX's blockbuster IPO last month.

Bozoma Saint John, Former Chief Marketing Officer of Netflix, joined the program to discuss the company's recent earnings report. Netflix's stock was down 7.87% after hours, trading at $68.50, following the announcement. Despite the decline, Netflix maintained its full-year operating margin guidance at 31.5%, slightly below analyst estimates of 31.7%. Saint John provided insights into the company's performance and outlook amid the earnings release. She speaks with Romaine Bostick & Katie Greifeld on "The Close."

Netflix shares fell more than 7% in after-hours trading following the release of quarterly results that were largely in line with estimates but showed slight misses on earnings per share and revenue guidance for the third quarter. Evan Shapiro, Former Head of NBC Universal's SEESO streaming service and former president at IFC TV and Sundance Channel, explained that while Netflix won the initial streaming wars centered on subscriptions, the market has evolved into a 'free TV economy' dominated by platforms like YouTube and free ad-supported services such as Tubi and Roku Channel. He speaks with Romaine Bostick & Katie Greifeld on "The Close."