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Aug 16, 2014
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andreessen has been particularly alleged on new media and journalism.e recently tweeted i'm more optimistic/glitch about the future of news over the next 20 years that almost anyone i know. it will grow 10 times to 100 times. do you agree with that? >> i think media -- and we are a living example, we are going through a wrenching transformation. i think it's going to get much larger. i just think it is not going to look anything like what it currently looks like all stop in so far as we are asking whether buzzfeed is the next "new york times" or bloomberg, the answer is no. we are creating an entirely different warm up the edits not going to look anything like now. one of the pitches they made in making this deal was that it exemplifies this. full stack investing model that chris dixon and others have, the notion this whole industry needs to be reengineered from top to bottom and the old suppliers are not going to be there anymore. i think that's what you're seeing here. so the notion it's going to turn into something we are familiar with this completel
andreessen has been particularly alleged on new media and journalism.e recently tweeted i'm more optimistic/glitch about the future of news over the next 20 years that almost anyone i know. it will grow 10 times to 100 times. do you agree with that? >> i think media -- and we are a living example, we are going through a wrenching transformation. i think it's going to get much larger. i just think it is not going to look anything like what it currently looks like all stop in so far as we...
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Aug 17, 2014
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plan to do what they with the $50 million it just raised from andreessen horowitz, next. >> welcome back to the best of bloomberg west. i'm emily chang. buzz feed, the website popular for list and news get a funding boost to help it grow. here are the top five things you need to know about the deal -- they are getting $50 million in series e funding from andreessen horowitz with partner chris dixon joining the board. the valuation is a reported $850 million and it has raised just over $96 million. but they will use the money to convert the division into buzz feed motion pictures that will produce everything from short clips to movies stop it will let buzz feed expensive india, mexico, germany and japan. 10z feed is among the top most visited sites with 150 million average monthly viewers compared to 31,000,004 the "new york times" website all stop i started by asking if they think is feed can become a giant 80 a company. is a giant media company, just not the kind you and i might most like. listening to your list of the ,op five things we should know this is the joke -- so many of the at
plan to do what they with the $50 million it just raised from andreessen horowitz, next. >> welcome back to the best of bloomberg west. i'm emily chang. buzz feed, the website popular for list and news get a funding boost to help it grow. here are the top five things you need to know about the deal -- they are getting $50 million in series e funding from andreessen horowitz with partner chris dixon joining the board. the valuation is a reported $850 million and it has raised just over $96...
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Aug 11, 2014
08/14
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was for itself stop the website famous for its list and viral content just raise $50 million from andreessen horowitz will stop they will be using the money to build its movie studio and expand overseas. amazon takes aim at disney, rocking -- locking pre-orders of dvds like the new "captain america" movie. they've also been in pricing battles with warner bros.. disney is directing customers to walmart and best buy. and it is shark week -- what are the most critical weeks of the year for the discovery channel. this year, and underwater drone got involved, equipped with five grow -- 50 pro cameras designed to swim with the sharks and castor their every move. websiteuzz feed, the popular for list and general news gets a major round of funding to help it grow. in true buzz feed style, here are the top five things you need feed is getting $50 million in series e running from andreessen horowitz i'll feed's ballybuzz laois and is a reported 850 million dollars. it has raised over $96 million in funding. convert to buzz feed motion pictures which will produce short clips and full-length movies and
was for itself stop the website famous for its list and viral content just raise $50 million from andreessen horowitz will stop they will be using the money to build its movie studio and expand overseas. amazon takes aim at disney, rocking -- locking pre-orders of dvds like the new "captain america" movie. they've also been in pricing battles with warner bros.. disney is directing customers to walmart and best buy. and it is shark week -- what are the most critical weeks of the year...
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Aug 24, 2014
08/14
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mark andreessen has a great quote about this. in the future there are going to be two kinds of jobs. the jobs that tell computers what to do and the jobs that are told by computers what to do. only one of those categories is going to be a desirable well paid good job to have. the m.i.t. students are overwhelmingly going to be in that first category. what i worry about are the people who are currently in that middle that is populated by human beings right now. if andreessen's vision is right and i kind of think it is, that that middle is going to be hollowed out even more than it is now. and that is what keeps me up at night. >> ok. so let's get back to that and how journalism works. if i wanted to write a piece ripping you i would take a sentence, i don't really worry about kids at m.i.t. says m.i.t. professor. that would be the only quote you would get out of this. >> if that's the worst thing i say i would be really happy with that. i don't know how many of us shed tears for the poor students of m.i.t. and their job prospects.
mark andreessen has a great quote about this. in the future there are going to be two kinds of jobs. the jobs that tell computers what to do and the jobs that are told by computers what to do. only one of those categories is going to be a desirable well paid good job to have. the m.i.t. students are overwhelmingly going to be in that first category. what i worry about are the people who are currently in that middle that is populated by human beings right now. if andreessen's vision is right and...
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Aug 1, 2014
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benedict evans is a partner at andreessen horowitz. the director of mobile device tracking.y is still with us. benedict, do these numbers show that samsung, which has shown it is a company that can reach everyone from high to low, that that is not the case anymore? >> the android business is really unstable and uncertain at the moment. it is starting to look more like the pc market developed, with the components commodified underneath. samsung and most of the android areas have been unable to create a value added in services on top. you have a commodity product, a commodity component. what everyone has been asking over the last two or three years is, is samsung's position sustainable. what you may see in a couple of months if apple comes out with a larger screen phone, and the way iowa state allows you to customize the iphone, you may see apple taking a larger share of the high-end market away from samsung. >> samsung is also coming out with a couple of higher-and devices later this year, over the next six months as well. that has been a strategy, but is it the right strateg
benedict evans is a partner at andreessen horowitz. the director of mobile device tracking.y is still with us. benedict, do these numbers show that samsung, which has shown it is a company that can reach everyone from high to low, that that is not the case anymore? >> the android business is really unstable and uncertain at the moment. it is starting to look more like the pc market developed, with the components commodified underneath. samsung and most of the android areas have been...
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Aug 11, 2014
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andreessen promptly responded, so can we have the money back? jo ling kent.ack hough is with us and the official of ceo of dinah link communications. larry, does that valuation seem fair to you, 850 million? what do you think? who knows. >> who knows because it's a private company. we don't know exactly what the numbers are but content is king. we're seeing the truth this year with content distribution, everything going to all the devices. the question is i see they're looking to make their own content which will be very interesting. this looks like it could be part of a bubble we're heading into content. this is right content but this could be bubble stuff. melissa: interesting, because buzzfeed is very catchy. it is catchy. it is a stand-up. they say their technology is technology, what they better understand than anybody else is how to deliver and that is -- do you believe that? >> very rapid. it is very interactive. they do it better in terms of vision all standpoint than other sites but going back to original content, they do original reporting in retail
andreessen promptly responded, so can we have the money back? jo ling kent.ack hough is with us and the official of ceo of dinah link communications. larry, does that valuation seem fair to you, 850 million? what do you think? who knows. >> who knows because it's a private company. we don't know exactly what the numbers are but content is king. we're seeing the truth this year with content distribution, everything going to all the devices. the question is i see they're looking to make...
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Aug 11, 2014
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. >>> and buzzteed turning heads with a $50 million cash infusion from andreessen horowitz.ture capital legend eric zippo was one of the earliest investors six years ago. oh, now you guys are there, right? he tells us about the next wave of hot companies he's pumping money into. it's another fox business exclusive. he is a visionary, you need to hear from eric. ♪ ♪ hi! shopping for a used car on the new carfax.com? yeah, i don't want one that's had a big wreck. well, our team helps you avoid those cars. yeah, doug to carfax, i got an accident report. heads up on this one! moles? they dig up the facts. naturally. only one site has a free carfax report for every car listed! i like it! start shopping at the new carfax.com! hard it can be...how ...to breathe with copd? it can feel like this. copd includes chronic bronchitis and emphysema. spiriva is a once-daily inhaled... ...copd maintenance treatment... ...that helps open my airways for a full 24 hours. you know, spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation powder does not replace rescue in
. >>> and buzzteed turning heads with a $50 million cash infusion from andreessen horowitz.ture capital legend eric zippo was one of the earliest investors six years ago. oh, now you guys are there, right? he tells us about the next wave of hot companies he's pumping money into. it's another fox business exclusive. he is a visionary, you need to hear from eric. ♪ ♪ hi! shopping for a used car on the new carfax.com? yeah, i don't want one that's had a big wreck. well, our team helps...
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Aug 2, 2014
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whether they can keep hold of their global dominance, i spoke with cory as well as ryan reith and andreessen horowitz partner benedict evans. i started by asking benedict if he thinks samsung can maintain its dominance in the mobile industry. >> the android business is really unstable and uncertain at the moment. it is starting to look more like the pc market developed, with the components commoditized underneath. samsung and most of the android areas have been unable to create a value added in services on top. you have a commodity product, a commodity component. the question for the last two or three years that everyone has been asking is their position sustainable? at what point to chief competitors from china start to ease into that? it looks like that is starting to happen. what you may see in a couple of months if apple comes out with a larger screen phone, and the way ios8 allows you to customize the iphone, you may see apple taking a larger share of the high-end market away from samsung. it is kind of a threat from both ends of the market. >> samsung is also coming out with a couple o
whether they can keep hold of their global dominance, i spoke with cory as well as ryan reith and andreessen horowitz partner benedict evans. i started by asking benedict if he thinks samsung can maintain its dominance in the mobile industry. >> the android business is really unstable and uncertain at the moment. it is starting to look more like the pc market developed, with the components commoditized underneath. samsung and most of the android areas have been unable to create a value...
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Aug 13, 2014
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media companies. >> i want to read for you a quote from a partner at andreessen horowitz who said --ense a media company in the sense that tesla is a car company, uber is a taxi company -- they are trying to reshape industries from top to bottom. they have gone to be more of a substantive media company. nobody has tried to do that yet. can he do that, and do that with credibility? >> i think so. i think clearly what is interesting about the $50 million investment coming in is that the ceo of buzzfeedsaid it was to establish the brand. so far, they have been able to develop traffic without having a particularly strong brand, and they have been able to transcend the need for a strong brand by going directly to their audience and having the sharing taking place. now, they realize if they want to become a full-fledged media company of the future, they are going to have to build their brand. >> who is going to go to buzzfeed for the latest breaking news? i might be biased, but who is? >> they will build up their video inventory, number one. they will establish a movie studio. they will st
media companies. >> i want to read for you a quote from a partner at andreessen horowitz who said --ense a media company in the sense that tesla is a car company, uber is a taxi company -- they are trying to reshape industries from top to bottom. they have gone to be more of a substantive media company. nobody has tried to do that yet. can he do that, and do that with credibility? >> i think so. i think clearly what is interesting about the $50 million investment coming in is that...
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Aug 11, 2014
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mark andreessen has been particularly bullish on new media and journalism. do you agree? -- we are media living examples -- is going through a wrenching translation -- transition. i think it will get larger but it will not look anything like -- what it currently looks like. as far as asking ourselves of buzz feed is the next "new york answeror bloomberg, the is no. it's something else. we are creating from bottom to top, an entirely different form of media and it will not look anything like the old thing. madef the pitch that was in making this deal is it sort of exemplifies the full stack investing mile that that model that chris dixon had that the whole industry needs to be reengineered from top to bottom. they say the old suppliers will not be there anymore. i think that's what you're seeing so the notion that it will turn into something where from either with his completely wrong. i think that will make people resort to despair. >> joining me in the studio is and now ar of gigaohm partner at true ventures. you have lived the rise of companies like the huffington post.
mark andreessen has been particularly bullish on new media and journalism. do you agree? -- we are media living examples -- is going through a wrenching translation -- transition. i think it will get larger but it will not look anything like -- what it currently looks like. as far as asking ourselves of buzz feed is the next "new york answeror bloomberg, the is no. it's something else. we are creating from bottom to top, an entirely different form of media and it will not look anything...
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Aug 11, 2014
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was for itself stop the website famous for its list and viral content just raise $50 million from andreessenll stop they will be using the money to build its movie studio and expand overseas. amazon takes aim at disney, rocking -- locking pre-orders of dvds like the new
was for itself stop the website famous for its list and viral content just raise $50 million from andreessenll stop they will be using the money to build its movie studio and expand overseas. amazon takes aim at disney, rocking -- locking pre-orders of dvds like the new
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Aug 2, 2014
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. >>>> benedict evans of andreessen horowitz, ryan reith of idc. still ahead, he has challenged the big guys his aggressive price cuts and now another suitor is line up to buy the so-called uncarrier. we'll hear from t mobile c.e.o. john legere next on the best of "bloomberg west." ♪ >> welcome back to the best of "bloomberg west". i'm emily chang. t-mobile has been making waves in the wireless industry for its turnaround and now the uncarrier is proving to be a popular acquisition target. french wireless company iliad has made a takeover bid for t mobile offering $15 million in cash for a more than 66% stake in t mobile. sprint and its parent company have also been pursuing a takeover of t mobile. their owner says the offer is better. spoke with the always outspoken c.e.o. john legere about sprint's deal, but before the iliad bid, listen closely to some clues he gives about t-mobile's future. >> in q1 we announced contract freedom, it was the launch of paying early termination fees and that caused an aggressive spike. among other things we did tod
. >>>> benedict evans of andreessen horowitz, ryan reith of idc. still ahead, he has challenged the big guys his aggressive price cuts and now another suitor is line up to buy the so-called uncarrier. we'll hear from t mobile c.e.o. john legere next on the best of "bloomberg west." ♪ >> welcome back to the best of "bloomberg west". i'm emily chang. t-mobile has been making waves in the wireless industry for its turnaround and now the uncarrier is proving...
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Aug 12, 2014
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. >> software is eating the world as marc andreessen once said.hat is interesting about twitter, this is not just a twitter problem. this is problem for entire online advertising industry. some studies estimate 1/3 of web traffic is fake. melissa: a third? that is a lot. >> twitter stock is up. maybe one of the reasons it is up because twitter's bot perrage is below 10%, much lower than industry afterring. melissa: that is interesting point. hitter hitting below the belt. rival ride sharing company, lyft, people ordered and canceled more than 5,000 lyft requests since october this is accusation. shows you how cutthroat the industry has become. what do you think, jack. >> if it is true frankly is really stupid. uber ishundred pound gorilla. it is more vulnerable to anyone in this game. not saying i believe it. if so it is not a smart tactic. melissa: it may show how determined they are to win and to be that gorilla they are using guerrilla tactics. >> forget apple and uber and lyft. uber has huge advantage. twice as big as lyft they could buy them
. >> software is eating the world as marc andreessen once said.hat is interesting about twitter, this is not just a twitter problem. this is problem for entire online advertising industry. some studies estimate 1/3 of web traffic is fake. melissa: a third? that is a lot. >> twitter stock is up. maybe one of the reasons it is up because twitter's bot perrage is below 10%, much lower than industry afterring. melissa: that is interesting point. hitter hitting below the belt. rival ride...
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Aug 13, 2014
08/14
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liz: you've got 500,000 users, marc andreessen is interested in, and you you raised 22 million dollarsompany so far. good luck to you. i think that dwolla is one of the names that we'll be watching in the future, am i correct? >> i hope so. we appreciate it very much, and thanks for having us. liz: any time. come back again. closing bell ringing in 29 minutes. we got busy last night. team fox business took a high-octane spin, the whole team. that's brittany, and listen the rest and fran, and irena and shauna, everybody came. one of the hottest sensations in the boutique fitness craze, so-called flywheel. there is adam. there i am working away. we're speaking with the company's founder and ceo in a fox business exclusive about his growth plans and the high-profile investor betting big on the business. [ male announcer ] ours was the first modern airliner, revolutionary by every standard. and that became our passion. to always build something better, airplanes that fly cleaner and farther on less fuel. that redefine comfort and connect the world like never before. after all, you can't tu
liz: you've got 500,000 users, marc andreessen is interested in, and you you raised 22 million dollarsompany so far. good luck to you. i think that dwolla is one of the names that we'll be watching in the future, am i correct? >> i hope so. we appreciate it very much, and thanks for having us. liz: any time. come back again. closing bell ringing in 29 minutes. we got busy last night. team fox business took a high-octane spin, the whole team. that's brittany, and listen the rest and fran,...
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Aug 12, 2014
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was for itself stop the website famous for its list and viral content just raise $50 million from andreessenitz will stop they will be using the money to build its movie studio and expand overseas. amazon takes aim at disney, blocking pre-orders of dvds like the new "captain america" movie. they've also been in pricing battles with warner bros.
was for itself stop the website famous for its list and viral content just raise $50 million from andreessenitz will stop they will be using the money to build its movie studio and expand overseas. amazon takes aim at disney, blocking pre-orders of dvds like the new "captain america" movie. they've also been in pricing battles with warner bros.
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Aug 11, 2014
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. -- buzzfte does feed eed received $50 million from andreessen horowitz. million. lions gate entertainment want a court order blocking websites from distributing and allegedly stolen copy of "the expendables three." the film was viewed by more than 2 million people ahead of its scheduled release friday after a digital file will stolen and uploaded to websites. catch all the latest in technology and media every weekday at 1:00 and 6:00 p.m. eastern on "bloomberg west." ebola spreading across west africa. can an experimental new treatment help stop the virus' deadliest outbreak on record? we hear from the president of the world bank, next. ♪ >> time for the global outlook. turkey's prime minister erdogan has won the country's first direct presidential election. has been in power for 11 years, the victory gives him another five. ebola spreading and nine jerry spreading in nigeria. 10 confirmed cases and two patients had died. the outbreak is the worst ever, almost 1000 have died from the virus. regarding the ebola virus, charlie rose spoke to the president of
. -- buzzfte does feed eed received $50 million from andreessen horowitz. million. lions gate entertainment want a court order blocking websites from distributing and allegedly stolen copy of "the expendables three." the film was viewed by more than 2 million people ahead of its scheduled release friday after a digital file will stolen and uploaded to websites. catch all the latest in technology and media every weekday at 1:00 and 6:00 p.m. eastern on "bloomberg west." ebola...
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Aug 11, 2014
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jojo ling kent with more on andreessen horowitz's $50 million investment.way. "wall street journal" has the reasons why u.s. and canadian regulators say so. as of right now you can't order or preorder rather disks of captain america, or angelina jolie's "maleficient" on amazon. miriam got freed, is with me, covers media on "wall street journal." tuna, hi, we're coming back to you in a minute. i want to get to meriam first. is this fight,
jojo ling kent with more on andreessen horowitz's $50 million investment.way. "wall street journal" has the reasons why u.s. and canadian regulators say so. as of right now you can't order or preorder rather disks of captain america, or angelina jolie's "maleficient" on amazon. miriam got freed, is with me, covers media on "wall street journal." tuna, hi, we're coming back to you in a minute. i want to get to meriam first. is this fight,
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Aug 11, 2014
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. >>> silicon valley venture capitalist firm andreessen horowitz has confirmed it's invested $50 millionzzfeed, the news website known for its list design to go viral on social media. chris dixon from the vc firm joins the board as part of the investment which represents more than all of the company's previous funding rounds combined. in a blog post, dixon compared buzzfeed to tesla and uber and said that the company would be transformed, emerging from this period as a serious, pre-eminent media company. >>> and amazon is picking a fight with superheroes and witches. reports say that the online retailer has stopped taking preorders for some disney movies, including "captain america: the winter soldier" and "maleficent." in an apparent contract dispute. hachette says that amazon is motivated by offers and book stores. amazon's halted orders of some of the publisher's books, including j.k. rowling's latest novel in a dispute over e-book pricing. amazon is asking customers to write directly to hachette's ceo to demand an end to the standoff. i still haven't read any of the "harry potter" bo
. >>> silicon valley venture capitalist firm andreessen horowitz has confirmed it's invested $50 millionzzfeed, the news website known for its list design to go viral on social media. chris dixon from the vc firm joins the board as part of the investment which represents more than all of the company's previous funding rounds combined. in a blog post, dixon compared buzzfeed to tesla and uber and said that the company would be transformed, emerging from this period as a serious,...
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new york times" reports the online media start-up just closed a new $50 million investment from andreessenorowitz. the "times" says the money is expected to be used for nowhere content sections, an inhouse incubator and video arm, buzzfeed motion pictures. >>> among stocks to watch, mankind, sanofi signing a licensing agreement with them. the two will partner on inhaled insulin bedding. it is an attractive alternative to daily injections for diabetes. joseph, welcome back. >> yeah, getting the -- >> your mike's on? >> what is this? >> this is a new new screen, smaller. >> lily put? when did this happen? >> you don't like it? it's smaller, takes up less real estate on the desk. >> no, yeah. it's very high-def. ew! >> we played "welcome back, kotter" for you. >> i know. i'm not a big fan of the song. >> really? >> who are you more, barberino or more jack? >> in mind sight, i guess the guy who did the best was travolta, who i'd like top he's had so many comebacks. "pulp fiction," awesome. >> how many times when you were a child did you say get off -- >> i wasn't -- when did that start? see, i
new york times" reports the online media start-up just closed a new $50 million investment from andreessenorowitz. the "times" says the money is expected to be used for nowhere content sections, an inhouse incubator and video arm, buzzfeed motion pictures. >>> among stocks to watch, mankind, sanofi signing a licensing agreement with them. the two will partner on inhaled insulin bedding. it is an attractive alternative to daily injections for diabetes. joseph, welcome...