Gerber: YouTube’s TikTok Rival Is ‘Garbage Hole of Hell’

Bloomberg Technology published this video item, entitled “Gerber: YouTube’s TikTok Rival Is ‘Garbage Hole of Hell'” – below is their description.

Gerber Kawasaki President and CEO Ross Gerber joins Emily Chang to discuss Disney’s 3Q earnings results topping estimates and posting strong subscriber growth, and the company’s decision to raise the price of its flagship Disney+ streaming service by 38%. Plus, his thoughts on Youtube Shorts, and Elon Musk selling $6.9 billion worth of Tesla shares ahead of the Twitter trial.

Bloomberg Technology YouTube Channel

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About This Source - Bloomberg Technology

Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

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The Walt Disney Company, DIS (NYSE), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California.

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In This Story: Elon Musk

Elon Reeve Musk FRS is a business magnate, industrial designer, engineer, and philanthropist. He is the founder, CEO, CTO and chief designer of SpaceX; early investor, CEO and product architect of Tesla, Inc.; founder of The Boring Company; co-founder of Neuralink; and co-founder and initial co-chairman of OpenAI.

He has hit the headlines for a number of reasons including; marriage to Grimes, being sued by a cave rescuer, involvement in the promotion of cryptocurrency – mainly Bitcoin and Doge.

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Ross Gerber is the Co-Founder, President and CEO of Gerber Kawasaki Wealth and Investment Management. He is a contributor to a variety of financial television and online shows.

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In This Story: TikTok

TikTok, known in China as Douyin, is a Chinese video-sharing social networking service owned by ByteDance, a Beijing-based Internet technology company founded in 2012 by Zhang Yiming. It is used to create short music, lip-sync, dance, comedy and talent videos of 3 to 15 seconds, and short looping videos of 3 to 60 seconds.

ByteDance first launched Douyin for the Chinese market in September 2016. Later, TikTok was launched in 2017 for iOS and Android in most markets outside of mainland China; however, it only became available worldwide, including the United States, after merging with another Chinese social media service on 2 August 2018.

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