To put it more basically Keith:
Bowl blanks (also called face or side grain sometimes) have the grain running at 90 degrees to the axis of the lathe.
Spindle blanks (also called end grain sometimes) have the grain running parallel to the lathe beds (axis).
It's all about strength in the final piece. If you hollow into a piece of end grain and leave thin walls, you can imagine cant you that the grain is looking up at you when you look down at it. If you pinched the top of that thin walled vessel with your fingers, you could snap it very easily. If you had hollowed the same project into the blank with its grain side on, now as you look down at it, the straws are stacked on top of each other and you would struggle to snap it with your fingers.
End grain hollowing is a useful technique because it sits hand in hand with part of a spindle which of course means the turner can do other decorative things to it (like turn the detail in the stem of a goblet for instance). Or turn interesting finials in a lidded box in a very tight grained wood like Box or Maple etc.
But if you want a strong bowl that will hold up to long term use AND have a hope of maintaining its shape then you need to scoop out the side of the grain.
In terms of the methods/techniques for cutting the two different blanks....completely different approaches are needed. With bowl blanks, assuming you're using a deep fluted bowl gouge, you can do both push and pull cuts. But the push cut ie where you start at the rim and hollow out to the middle as you go is a very handy cut indeed. it allows the removal of a huge amount of stock (hogging off) and it can leave a very clean "cut" surface as its a bevel rubbing cut. It's very controlled and frankly a joy to do, long ribbons of shavings flying over your shoulder if the work is still green
One of my favourite cuts in fact. It also allows you to carefully control where the inner surface of the rim will be.
This cut is impossible in end grain! That's the biggest difference. So with end grain, you're cutting into the ends of the straws and you need to start hollowing in the middle (typically with a spindle gouge) and then sweep round to the rim. It can also go fast but it's definitely a more frisky/catchy procedure than as described above. Also, once you've got to even a moderate depth, as the tool hangs further over the rest, it gets much more tricky and people start employing scrapers or dedicated hollowing tools with very long handles to cope with the tremendous forces of leverage.
In short, if you want to produce end grain hollow forms then I would recommend you stick to shallow hollowed projects while you learn, that means things like goblets, lidded boxes, ring holding dishes, egg cups etc.
For "proper" bowls ie a 12" salad bowl or similar, always always always choose side grain blanks and your life will be full of love, harmony and good luck