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    Government & Organizations

    Foundering

    Foundering is an award-winning, serialized podcast from the journalists at Bloomberg Technology. Each season, Foundering brings you inside a different high-stakes drama from the technology industry, where its companies are wielding unprecedented capital and power.

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    Copyright: 2024 iHeartMedia, Inc. © Any use of this intellectual property for text and data mining or computational analysis including as training material for artificial intelligence systems is strictly prohibited without express written consent from iHeartMedia

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    Latest Episodes:
    Human vs. Machine: Self-Driving Trucks Jun 21, 2017
    Show notes

    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.

    See omnystudio.com/listener for privacy information.


    This Man’s Murder Might Get Solved by Amazon’s Alexa Jun 12, 2017
    Show notes

    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.

    See omnystudio.com/listener for privacy information.


    How Chao Bet $500 Million on Himself—and Got Even Richer Jun 05, 2017
    Show notes

    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.

    See omnystudio.com/listener for privacy information.


    Masayoshi Son's $100 Billion Bet to Conquer the Future May 30, 2017
    Show notes

    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.

    See omnystudio.com/listener for privacy information.


    How to Earn Millions in China's App Economy May 22, 2017
    Show notes

    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.

    See omnystudio.com/listener for privacy information.


    Why a Chinese Chemicals Company Wants To Invest in Gaming Apps May 16, 2017
    Show notes

    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?

    See omnystudio.com/listener for privacy information.


    Meet the Whistleblower Behind a Silicon Valley Meltdown May 08, 2017
    Show notes

    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.

    See omnystudio.com/listener for privacy information.


    Fake News in the French Elections May 02, 2017
    Show notes

    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?

    See omnystudio.com/listener for privacy information.


    Son of Chinese Factory Workers Built This $1.5 Billion Startup Apr 27, 2017
    Show notes

    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.

    See omnystudio.com/listener for privacy information.


    Pinterest's Second Act Apr 20, 2017
    Show notes

    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?

    See omnystudio.com/listener for privacy information.


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