Bloomberg
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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Episodes
Human vs. Machine: Self-Driving Trucks 21.06.2017 27:32
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 reall...
This Man’s Murder Might Get Solved by Amazon’s Alexa 12.06.2017 25:04
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 eviden...
How Chao Bet $500 Million on Himself—and Got Even Richer 05.06.2017 27:05
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 busin...
Masayoshi Son's $100 Billion Bet to Conquer the Future 30.05.2017 28:32
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 S...
How to Earn Millions in China's App Economy 22.05.2017 26:13
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 spea...
Why a Chinese Chemicals Company Wants To Invest in Gaming Apps 16.05.2017 25:03
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 firm...
Meet the Whistleblower Behind a Silicon Valley Meltdown 08.05.2017 28:26
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 sp...
Fake News in the French Elections 02.05.2017 25:06
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...
Son of Chinese Factory Workers Built This $1.5 Billion Startup 27.04.2017 27:36
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 hum...
Pinterest's Second Act 20.04.2017 25:13
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 thre...
Here's the Incredible Promise of Medicine That Targets Our DNA 10.04.2017 26:51
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, ess...
How Tech Companies Stake Out Hackathons for Future Stars 03.04.2017 24:01
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, ey...
Inside YouTube's Battle Against the Internet's Darkest Corners 30.03.2017 30:13
A crisis is brewing at the world's largest video service. YouTube has seen big advertisers from AT&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-exp...
The 13 Million Nerds That Apple's Counting On 20.03.2017 21:01
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 mill...
Your Tax Dollars Subsidize Amazon. Are the Jobs Worth It? 13.03.2017 24:48
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 count...
The Billion Dollar Industry of Professional Video Game Battles 06.03.2017 25:27
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 bat...
Why It's So Hard to Build a Startup Outside the Big Tech Hubs 27.02.2017 19:10
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...
Snapchat's High-Stakes Clash With Its Neighbors on Venice Beach 22.02.2017 28:53
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 t...
How the Internet's Just Starting to Transform Cuba 13.02.2017 22:17
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...
Silicon Valley's Revolt Against Trump's Travel Ban 06.02.2017 24:57
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...
The Untold Story of One of Uber's Very First Drivers 30.01.2017 28:31
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 Techno...
What Trump's Tweets Mean for Twitter, and Democracy 23.01.2017 31:14
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...
Inside a Multinational Cyber Weapons Deal That Went Bust 18.01.2017 22:27
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 w...
What Happened When a Startup Tried Affirmative Action Hiring 09.01.2017 25:12
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 so...
These Are the Worst Things That Could Happen in 2017 23.12.2016 22:05
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. See omnystudio.com/listener for privacy information.
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