Bloomberg News and Videos — Page 241

A constitutional amendment approved by parliament would lengthen presidential terms and allow the 83-year-old leader, Emmerson Mnangagwa to remain in office beyond 2028. Bloomberg's Jennifer Zabasajja reports from Johannesburg.

Former US Deputy National Security Adviser Mara Rudman says the Iran deal as "uneven," saying that it does not prevent Tehran from continuing its nuclear enrichment activities. She says the agreement requires a robust inspection mechanism something unlikely to be secured within the 60-day negotiation window.

ASML Holding NV, the Dutch chip-equipment giant, is grappling with a major challenge after US Commerce Secretary Howard Lutnick warned its leaders that one of the company's advanced lithography machines may have reached China, potentially violating US export restrictions.

Joel Montaniel, Co-Founder and CEO of SevenRooms, discussed the company's new platform, Channel Connect, which aims to simplify reservation management for restaurants by consolidating bookings from multiple channels into a single system. Unlike the hotel industry, where centralized booking systems are common, restaurants currently manage reservations across various apps and platforms, often using multiple devices, creating operational challenges. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Michael Cardaci, CEO of FedHIVE said that the government is moving 'faster than its ever moved before' to secure data and make sure that US computing companies are compliant in case of national security risks as AI use ramps up. Cardaci said that the US government is focused on keeping US technology inside of its borders as the race for global AI dominance heats up.

Kevin Mayer, former Walt Disney Direct-to-Consumer & International Chair, discusses Fox's recent $22 billion acquisition of Roku, highlighting a significant strategic move from traditional media towards streaming. Fox, which previously lacked a major streaming platform, aims to strengthen its position by integrating Roku's streaming service alongside its existing ad-supported streamer, Tubi. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Julie Averill, former CIO of Lululemon, REI, and Nordstrom, discusses this shift in the context of her new book, "Chief Impact Officer," which offers a fresh perspective on leadership amid the ongoing technological revolution. Averill brings her extensive experience scaling Lululemon's revenue to over $10 billion to the conversation, emphasizing the critical role of AI adoption in maintaining job security and driving organizational impact. She speaks with Romaine Bostick & Katie Greifeld on "The Close."

Charlie Giancarlo, CEO of Everpure discusses what he sees as the evolution for companies using apps to a unified data environment.

George Gatch, CEO of JPMorgan Asset Management, discussed the current excitement surrounding mega-cap initial public offerings (IPOs) in the technology sector. He emphasized the strong innovation and investment opportunities these IPOs present, describing the trend as a 'rising tide that is lifting all boats.' He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Bloomberg Economics Anna Andrade joins Scarlet Fu on "Real Yield." The Bank of England held interest rates at 3.75% as it said the recent fall in oil prices was "encouraging," even while two of the nine policymakers voted for an immediate quarter-point hike over concerns of persistent inflation.