some companies will go out of the money.ll become ubiquitous is climate action good for the business. emily: can you give us an example of where your technology hub led to a business making a decision that was really consequential? >> absolutely. where businesses often focus early and where watershed directs companies is clean energy purchasing for the company and over time for their suppliers as well. where there is public case studies of companies who by investing in first clean energy for their own scope two carbon footprint and second, investing in energy purchasing for tier one supply purchases like the manufacturers they work with directly. they can both reduce the carbon footprint which for most companies is almost entirely from a supply chain. people can think of corporate climate like the light bulbs. it is so much like supply, manufacturing, heavy industry, heavy materials. we redirect companies to the supply chain to clean energy investment first and looking for suppliers with alternate agricultural or industrial

companies are buying back stock. you have no companies issuing stock as an i.p.o. it would be time to buy a salesforce if salesforce says good things this week. i'd rather do that i don't care about how the window open, i care if everybody comes in, wants to buy existing stock you'll be grlad you have these positions. >> jim, it's always great to have you on set. >> i love your show. i stop and watch it, it's so good. >> we love to hear that. we hope you come back this week. we'll watch dream force. >>> still to come, the analyst behind the upgrade of netflix joins the show. >>> is it time to double down on growth we'll ask the ceo of one software companynd s aee why he says yes "techcheck" is just getting started. - yieldstreet presents: alternative investing with kal penn and older kal penn. - oh, the stock market is doing that fun thing again. - hey news from the future, you're going to live through that about 10 more times. (laughs) - oh, it's no stress. i just discovered yieldstreet. they vet investments that don't ride the stock market rollercoaster. - ooh. i

need to keep company information. transparency is necessary but not sufficient. until we change the fact that user attention and profits are what companies care about above all else all the data sharing in the world will not address the problem. policy and legal experts have previously testified before the committee on ways that incentives could be changed. incentives matter. companies behave differently when they care about the quality of content. for example, having inappropriate ads to materially harm financial performance so most advertising systems place ad copy removal as a step that has to occur before the new ad ever makes its way to users. user generated content is able to go live instantly. incentives shape company's algorithms. tiktok feed young people in china a diet of educational science and math content via their recommendation algorithm. it enforces a daily usage limit. contrast this how u.s. companies optimize their engagement and revenue at any cost. any suggestion for a more useful transparency will

whether theirsatellite companies or whether they are software companies , those are three things thate mainstream. >> what about my quantum computing or quantum cryptography or anything like that ? >> for me, quantum computing obviously is poses a risk to public encryption which underpins all our key medications, internet and transactions so that is a real risk and we're seeing because of that, we're seeing adversaries do what's called view now," later. my data has a half-life of so many years and the longer that half-life the more it is and i'm betting my team will getthere but as a growth investor , solutions that involve quantum resistance encryption or don't agility so you can swap things out it's just too early for our companies but there's not commercially available companies i as an investor can put money in . >> you can see everything. so the stakes are incredibly high. i think we are only seeing, there's been a lot of looking to the private sector to find this. department of commerce put out a challenge to the private sector to come up with post-quantum encryption and actuall

as small companies like the schneider bake me, go down to jane. many are asking how long the government can hold back and insolvency soon. i mean. well, it's a herring, final image there. see if they to plus one from the german industry federation says saving these companies will come down to tackling high prices at their source metabolism. also me, obviously we have to do more to ensure that porton doesn't when we have to help these companies, but we can't manage to prompt these companies up with government support. how can we support a company that is suddenly paying 8 times as much for energy and wants to compete on the wild market? it's paying 8 times higher than rivals in the us, but that's why we have to start at 1st principles and to everything we can to make energy more affordable. and throwed use everything that we can m bustios beated. now to some of the other global business stories making as amsterdam stiffle airport has asked the airlines to cancel flights on monday, due to a lack of security personnel. the move comes is one of europe

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if you can do that, you will be a healthy company in the public market we're advising our companies to consider that path, if they can. having said that, there's a thousand uniforms. i don't expect all of them to perform. >> a few less, though, than we've seen over the last few years. dharmesh, we hope you come back again. >> thank you so much >>> dow is down 430 points nasdaq off a little less than 3% as employers return for a push to the office and workers push for flexibility. there's a new cfo survey frank holland has those results. >> return to office means different things to different companies. a third of our cfos say, employees get to choose when they work in the office, if at all. they can stay 100% remote if they choose to the policies of the s&p 500 companies are bearing quite a bit. workers have to be in on specific days, one quarter say but less than five more than a quarter say workers get to choose the days they come in but less than five. a small percentage, only 5% mandate a five-day workweek in the office flexibility has been a major factor when it comes to finding t

this is changing within the mobile communications company to connect the computer company for the edgeive company is just of the center of that. yes, you should expect that we are going to make an update into our design pipeline. last earnings call we updated it to about $19 billion. we will provide further updates today, and if anything, it is probably a reflection. what are you going to see in the event today, a reflection of the automotive industry really embracing qualcomm solutions. >> i think that is an important contrast. what's happening in the stock market, we talked about what is happening with businesses and what is happening with stocks. sometimes there is that disconnect in the short-term, but in the long-term, it is important. to what degree are you saying car companies eager to invest in future platforms even during this time. is there a hold back on deals closing things like that, risen far enough out there saying we have to do this? >> absolute all systems go. it is not related to what we have seen in the short-term. yes, during the short-term. but like qualcomm, which

has a positive effect on the capitalization of the company, i.e. the reputation of the company thatnot actually support the economy of the aggressor country will surely be transformed. perhaps it will be big. but nevertheless, the increase in the value of the shares and securities of these companies on the world stock markets. well , more than a thousand foreign companies have already left the russian market, but some remain for various reasons and suggestions. but they say, for example, that we are cutting investment funding in russia but continue to work there, or say that we we are winding down our activities and continuing to work simply somewhere possibly unprofitable, they close their points of sale in russia, but in fact it remains on the russian market, why are these campaigns that could also preserve their reputation, but they decided to risk it, that this is all for the sake of money, for the sake of something crocs shoe manufacturer if in i advise you to have crocs. well, if you have already bought them, then wear them, but do not buy new ones, because the manufacturer of

companies. we have to make sure industries and agencies are prepared for risks as more americans based climate catastrophes every year. we need to ensure that insurance watchdogs are prepared. in the aftermath of disasters, we have -- leaving families and businesses struggling to find affordable coverage as they work to rebuild their lives. we know the industry is along -- has a long history of racial discrimination and many other industries. black and brown families make -- have more difficulty in getting insurance. the new york times reported that the customer insurance agencies and employees sued state farm and eight discrimination in the workplace -- in discrimination in the workplace. they requested information about large life in pnc insurance involvement. i am glad they are working on this and the naic is investigating. i look forward to reviewing fio's report. i hope it will shed more light on racial equity. later this year, the international association of insurance supervisors will nee

shell company. the company has never said how many people work for the shell company, but we do know that the ceo of bytedance and the ceo of tiktok are the same person. this is listed on the cayman islands registry. the ceo is the same person running the bytedance company in china. sen. portman: we will hear from tiktok later and based on the testimony we received an advanced, they are going to say they have not provided data to the chinese coming is party, even if the ccp requested data. they said they were not shared with them. again, does china need to make a request to access this data orders china have the capability to access it at will? mr. cain: i am not aware of the chinese government having the ability to simply open a computer and access it at will. it will happen through somebody in bytedance or tiktok. this has already been demonstrated -- has already been demonstrated. there was a buzzfeed report that revealed 20 leaked audio files in which tiktok employees said they had to go through

to those companies.nd it benefited the company and its employees with an influx of capitol that fueled growth and additional jobs. some help those insurance companies continue to be in existence and grow their book of business on the economic activity in ouriv state. worked i was listening on the television for my office about a question the rankingr member asked. it doesn't seem to me this administration we import financial regulations and capitol standards from europe, as quickly or pervasive as they can.that my view is that we do not need the importation of european policy dictating american business and markets. the fi owes top priority should be defending american interest in preserving a system that has worked so well for a century and those it. b have to bee promoting that in te international forums. i wasn't sure you answered senator toomey's question but i would answer my thoughts to that topic. thank you. >> thank you, senator. senator sinema is recognizably from her office. >> thank you chairm

owner of a company. so they use click-through ads to gain access to platform user data, including china, including other adversaries, and including places where twitter is block and they are finding ways to evade the tracking and to get into these networks. in your experience, is this a typical black this -- typical practice that happens at the global platforms? peiter: click-through ads to expose a risk non-click-through as do not. if you can get an -- get a user to click through, you would get the information i was describing, ip address, browser, from the ip address you could determine their geolocation or whether they were using a vpn or not if that is allowed in your country and you could interrogate that person's computer or get them to provide more information, maybe that they do not know they are providing directly to you thinking it is there an ad on a service. sen. blackburn: could this be remedied in any way -- and senator klobuchar talked about this, the national privacy standard. if we had a

one fifth of and then to leverage on to make those companies very and by the parent company apollo itselflecting fees for directing the insurance arm to make. and then comes into my security. that my and then to empower investors and regulators to crackse down. but we also need federal and legislators to address the rest i appreciate the treasury is looking at this issue closely that and looking m forward to make sure that happens. >> thank you. concern has been expressed by you and some of my colleagues about private equity firms however that is defineded having a short term horizon to ensure the us we may be willing to engage in riskier activities. can you tell me if there are insurers that have been purchased by private equity that have been soldle or up for sale indicating. >> thank you senator it is an issue we are closely monitoring particularly over we have seen an increase in activity over the last several years in this area particularly for certain blocks the business continuing to monitor. the question was other examples of where insurance ancompanies. i don't want to speak to a

companies. crazy. so many companies i follow are too small to mention on air. literally hundreds of them are now too small. they're that pathetic. i love to roast the description companies charging stocks or spacs but almost all of them collapsed to the point they're too tiny to talk about here. if there weren't size restrictions, i don't know if i'd be able to say anything about the companies because there is no way to describe them without using the kind of profanity. that doesn't belong on a family show like this so, why mention all of these houses of pain i am not trying to make you miserable. there are enough commentators that feel like that's their professional duty. i bring them up because i'm sick and tired of hearing how we're at the beginning of a giant rollover, the beginning. beginning? i'm going with all that. now is the time to get the calls. where the heck were you ten months ago when it mattered? it's not the post covid kiss of death, multiple kisses, multiple fatalities other st

that's they know about these companies. there are too many enterprises offering to control the data and then silo, digest, and monetize it. i will tell you what, you know, we are sick of bob dylan companies. you know, the month of art looking to block you up, doc europe, rocky, lucky welcome analyze you, categorize you, finalize you, or advertise you. are you going to do, get baby, is make money with you. i took some liberties with the last line but this show is about making money not making friends. today was still one more day with the price of gasoline went down which means the oil companies were having a hard time making money. hey, but it's great for the stock market as long as the price of crude stays above 80, the dividends of these companies are so big that the oil stocks are hard to take down. at the very least, they don't get hard as you would expect bit more important, one of the things we want to see is gasoline coming down if you are the fad. they would be winning on that one. we also see the wrath of the u.s.

a profitable business for the big companies. so the workers don't end up paying the highest price for the orange juice. every one needs to keep a close eye on things. ah ah, without don's, i don't know. i would, i'd now meet tom london. so choreographer from south africa. he can get everyone moving and shows us what modern african dance can do because i think it's so important for you to not route your call. so let me go good. my don don goes how this goes. i think it all depends on who you i the clara 30 minutes to w. o. i'm you can that i want that's hard and in the end is a meet. you are not a lot of to you anymore. we will send you back her. are you familiar with this reliance of the what's your story. ready i mean, wasn't, i was women, especially, and victims of financing and take part and send us your story. we are trying always to understand this new culture. so you are not a visitor, not against you want to become a citizen info, migrants your platform for reliable information. ah ah, ah, this is d, w. news live from ber

the massive burdens that have been placed not just on large companies, but also smaller companies is going to have major downstream impacts on the companies with whom they do business. and, i really want to zero in on the scope three emissions problem. the question, do you really think it is reasonable to ask companies to collects, analyze, reconcile, report on things that literally, whether the company car of an employee is a tesla or a pick up? that is, in essence, what the commission is doing when they expand the scope three roles and missions. >> so, senator, what we have right now in america is that we have hundreds of companies that are disclosing greenhouse gas emissions to the public. and, they are also including, not all of them, but many of them something around this scope. for the public listening, this is the downstream for your suppliers and the like. what we are trying to do is bring some semblance that standardization. what we have said is it is not a mandate. if you have a commitment, if you are publicly said the material. >> excuse me, so, it is not a mandate. so, th

say what you want about this company. we know it pioneered much of what we regard as package delivery and it got there a lot faster than it took competitor ups. in other words, i believe fedex when the ceo says the fault is in the stars, not themselves, an appropriation of shakespeare that actually fits this time i know this isn't the fedex show but the fact that things are decelerating around the globe that fast is something that forces you to think that maybe the fed is further along than it may realize it is in fighting wage inflation fedex, you see, is not the canary in the coalmine, for heaven's sake. it's the coal miner in the coal mine which means if jay powell is watching, the fed chief, i would say we're going to raise rates .75% but then we must wait and see. wait to see if what fedex is saying about asia, if what fedex is saying about europe, and fedex is now saying about e-commerce and business in this country is about to spread out of control and if that's the case why not just say .75% and then wait? and by

this is what the company -- it's only a handful in the company so far -- the company said it would reflectsence and they are not trying to go around these rules, but the fcc, what they are telling us is that the concern is these companies will feel like they don't have to present as much information, and they can redact all that information in consolidated statements and not give access to the u.s. rarely has accounting been this exciting. haidi: one of the implications for valuations? we keep wondering if things are bottoming in that we might start seeing some bargain-hunting. sofia: i think it's a difficult environment for people who say by now. the market environment, globally is very difficult. obviously adrs, chinese adrs listing and trading in new york has a particularly -- has two years. but the outlook for these companies is still uncertain. if you are u.s.-based investor, you still don't know whether you could actually still trade these companies next year in the year after. so there is still a lot of concern in the markets. haidi: let's take a look at the stocks we are looking at

this is something we have seen a lot of these tech companies, especially advertising based tech companies talk about over the last couple of quarters. there is inflation, there is war in europe, you see all of these things colliding and often times when there is a hint of a recession, the first budget that tends to go is the marketing budget. when you are making money from advertising, it can be cyclical with -- that is why we see a spike at the holidays. same thing. when there are reductions in market and spend because of things going on, companies usually feel it first. that has been a lot of the reasoning for why they are cutting back. ed: there is also the other strategy which is to go after video. in a crowded field with tiktok and youtube, you and i have been discussing how the ad side of that business is tough. why? >> not only have you got tiktok, there is netflix, which is trying to get into ads. amazon has been doing well. clearly, this field is getting crowded. meta's problem is not only are they losing engagement, the time spent on meta, instagram and facebook is declining. ev

and a profitable company, which is very rare, as you know, in software as a service companies.hile they are a rare company, the ability to put together that as well as a company like adobe is even rarer in terms of how we can both harness as well as accelerate that business. so, you know, from our perspective, when you think about it from the perspective of shareholders, which was your question, we really believe that the combination, whether it's creating this new world of creativity and productivity, it's what we can do as it relates to accelerating creativity on the web, inspiring an entire new generation of designers and developers and stakeholders, it is going to be a great value for their shareholders as well as adobe's shareholders >> i know tremendous retention along with your company, but i guess what i'm trying to get at, you know -- you know internet commerce better than anyone i speak to and when i look at how your stock's trading, it's almost as if you were internet commerce part of the bubble that came from covid when people worked at home and now somehow, interne

that control some public companies, and some other companies. can you describe the main differences between the main markets and private markets when it comes to investor protection? >> we benefit in this country with vibrant -- risk in this agency, about those public companies and public access to the disclosures there is truthful and we protect against fraud manipulation. that is of course different if it is a private company, and not that my dad would've done this, but buying and selling the stock with his partners. >> i mean, again, i think that when the s cc came about, most of the private companies were relatively small, family-owned, and that is not the case today. it is financial. >> it's estimated by a tight public services and sources, about 1200 companies in the u.s. that are called unicorns, worth more than a billion dollars in total market values. it's about four trillion dollars. >> and the disclosure and investment protection for those companies are not at the same level of strength? >> it's interesting. it's not under the remit,

the company more money.are also plowing every dollar into sales and marketing. as we have been talking about this profitless tech, we have seen the tech universe splintered here. we have companies that are streaming in e-commerce. and it is unlikely when those companies are going to recover. the amazon fulfillment center is not generating a lot of cash. with what meta is building and what google is building, every dollar, they see $.60 of operating cash flow for the next year. we see two worlds forming within the tech universe here. those that generate incremental positive returns are rapidly shifting a portfolio. emily: so the question remains, how much worse will this get? a lot of people thought that jay powell was bluffing and i wonder if this is some vindication for him and for the fed? does it make you more inclined to say yes, we are heading into a recession? >> if we are going to talk economics, it does -- the more credibility jay powell has, the better off the u.s. dollar is. since his last comments

companies have a lot of resources.ve some of the best and most exciting companies in the country. these companies need to be supporting our local public schools and also our local public hospitals. public parks as well. we just opened a massive $100 million public park. you know my wife is the chairman of it. it is incredible. these are the things that ceos should have their minds on. they should bring all stakeholders together. >> that was marc benioff. you can watch the full interview at bloomberg.com or on youtube. coming up, we have seen an exodus of executives. -- executives at crypto firms. more on that next, this is bloomberg. ♪ >> a number of cryptocurrencies including bitcoin are lingering year to year those. all of this as the fed takes a toll on risky assets. how are you? >> i am so great. being onset. i thought you were a deepfake for the longest time. >> it has been a long week. and digital assets did not escape the volatility we saw across financial markets. >> bitcoin outperformed traditional stocks a li

if you change what those companies were accountable for, these companies are very smart. they have a lot of engineers and a lot of company and a lot of computational power. they would change what the algorithms do. for example, it's certain type of content if companies were penalized with sharing content, they would no longer promote that content because it would be not optimal for them to do so. the extra benefit they get from the attention and the usage would be outweighed by whatever the penalty was. so this was all possible. i think the two takeaways are, one, without one, without transparency we are not going to know what it's doing today. two, they will behave optimally in the face of incent structure they have. they are doing what they would expect. you could change that. mr. boland: i think it's important to note not only do we not know what's happening on the platforms, the platforms don't know what's happening on the platforms. the turning point for me having concerns to being publicly vocal about my concerns facebook said nothing on january 6 happened on our pl

owner of a company. so they use click-through ads to gain access to platform user data, including china, including other adversaries, and including places where twitter is block and they are finding ways to evade the tracking and to get into these networks. in your experience, is this a typical black this -- typical practice that happens at the global platforms? peiter: click-through ads to expose a risk non-click-through as do not. if you can get an -- get a user to click through, you would get the information i was describing, ip address, browser, from the ip address you could determine their geolocation or whether they were using a vpn or not if that is allowed in your country and you could interrogate that person's computer or get them to provide more information, maybe that they do not know they are providing directly to you thinking it is there an ad on a service. sen. blackburn: could this be remedied in any way -- and senator klobuchar talked about this, the national privacy standard. if we had a

the consumer pack gaugaged goods company and the french fry potato company that hit a couple bucks from the lowest two-week high and this market, i'm using an example so we saw this from nike last night all that happens is the downside gets higher and the down goes higher that's what i expect will happen with both when they report thursday we get a report from the charitable trust situation i like very much but this market is treacherous this is constellation brands behind modela and corona mccormick reports they haven't done anything in ages and needs to figure a way to grow the business the latter will preannounce a nasty set of numbers and i got to tell you again when a company like mccormick announces a negative number, the earnings reinforce the bad number this is in the penalty box for three to six months. it a great company we have an analyst meeting with norwegian cruise line worth drilling down because chief rival carnival reported a terrible set of numbers this morning and crushed norwegian with the whole group of people like travel and services maybe that's coming to an end.

most tech companies, most companies i know of even not in tech have logs of what is happening in their systems, and this tells you who is doing what, where, when it happened. later on in my tenure i learned that there were thousands of failed attempt to access internal systems that were happening per week, and nobody was noticing. and when they brought this up, people said who is it, what is it? i said that is what we're trying to find out. this fundamental lack of logging is a remnant of being so far behind on not being given the ability to put things in place, to modernize. i can give an example. let's suppose you have five credit cards and you are receiving statements each month, but only two of those statements give you detailed transactions. first off, three of those credit cards, you're not going to be able to look at the transactions. those remaining two, you kind of wing it and say i need all those credit cards to stay alive. that is kind of the analogy i have for the logging situation at twitter. trying to understand an adversary identified inside as doing it can be pretty cha

a lot of the tech companies that we're talking about are platforms and they're companies that other companies businesses off of. the example that you get with netflix is perfect and the cloud computing spent and the same with snap, and it has cloud computing spend. if it draws those down, and companies like google and companies like amazon and this is what we're seeing as the tip of the iceberg companies all of the way down in the economy are looking at places to cut. that being said, cloud is a fundamental, basic part of the digital economy and it's not going away, but it could start growing a little bit slower than it was >> these -- you seem to be saying, alex, that these are the moves of mature managements making wise decisions in light of economic changes and changes in the monetary landscape and so forth. if they turn out to be correct, how soon will you expect to see these moves start to show up in higher stock prices and higher profits? >> well, look, tyler i think these companies have been a beneficiary of the macro environment and now they're getting hit by the macro environment. th

i'm talk to the company's top brass. so tastay with cramer >> announcer: don't miss a second of "mad money." followed @jimcramer on twitter have a question? tweet cramer #madtweets send jim an e-mail to madmoney@cnbc.com. or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. ♪ ♪ ♪ ♪ ♪ ♪ (vo) some bonds last a lifetime. ♪ ♪ some bonds inspire confidence, and some you grow to rely on. these are the bonds worth investing in. for over 50 years, pimco has reinvented fixed income to create opportunities for investors in every market environment. so, no matter what happens you can build the bonds that mean the most to you. pimco, a global leader in active fixed income. i've always loved building things. not just structures and skyscrapers, but teams who make it all possible. after all... we wouldn't be where we are today without them. so we made sure that like these buildings... their futures may also stand the test of time. ♪ ♪ ♪ ♪ our internet isn't ideal... my dad made the brilliant move to get us t-m

, the cook, came to meet with the archer’s cook another insurance company, well, only a larger companycertain proskurin fedot, and didn’t he go bankrupt. olga valerina, yes, i made a decision about hercules' insurance company's bankruptcy was so surprisingly good. declaration of insolvency bankruptcy signed by the ceo riot he is the applicant the court decision to declare hercules bankrupt entered into force, and the favor company traveled as a creditor. there is no favor from the company, only today a lawsuit was filed. yes, and now let's see what it is. here is the definition of accepting a case. on the recognition of the insurance contract as invalid of the contract between the insurance company favora and the insurance hercules' company therefore contracted hercules to insure favor against the risk of its bankruptcy. say a. what is the amount of compensation under the contract? 350 million profit -15 million. this is how much it turns out in order to become bankrupt and receive insurance from favor, and karpenko's strelnikov berkutov and his secretary helped him with this. why then

it is formed by the company and have already balanced risks. inside yourself , you can look at combat investment funds or trust management strategies from large brokers. if you have more experience, you feel the strength and ability to choose papers on your own, then set a strategy. uh maybe uh a completely different classic investment portfolio is a portfolio of 60% shares 40% obli. in almost any case, the return on investment will be greater than on a bank deposit. now rates on deposits. we went down along with the key rate of the central bank and in the largest banks it does not exceed 7%, but if you open an ip to buy russian government bonds on it and hold until maturity, you can get 8 or more percent. in a year, plus tax benefits from the state on investments , you can earn more if you are ready to take take on more risk and buy bonds of large russian corporations. or you can even take shares, but keep in mind that here you can not only win, but also lose a significant part of the fund . you need to understand the market. who is eligible t

companies clustered?some as examples that are not necessarily stock recommendations by you but where are they clustered or give me some names, give me some idea of who has pricing power and profit >> absolutely. one of the metrics we always look at to kind of gauge pricing power is operating leverage. we basically want to understand what the impact on a company's bottom line will be from a given acceleration in revenues, and the more pass-through you have there, again, the more pricing power we would deem that company to have. so if you look at operating leverage by sector, this leads you to the energy space, the material space, the financial space, but i think it's a little bit too early there to be diving in and consumer staples as well a lot of the pricing power we see is on the value side of the style box and then we do see opportunity on the growth side as well given valuations >> got you >> david trainor, as you're looking at evaluating stocks you say we need to understand fundamentals of course but

private companies are not. it's early analysts need to digest the news i think it's a strategic move by adobe and it will take time for the market to digest. >> adobe is paying up here because they're buying a private company and those valuations haven't caught up with public valuations >> less transparency in the private markets. we've seen some examples of private companies that recut employee share options or we've seen institutional investors who decided to reprice companies they own in the private domain but less transparency and less to market you see obviously in public valuations. >> it's been quieter, very quiet this year, which is right for deal making, the salesforce slack deal last year do you think more is on the way? >> we do when you look at m&a activity, it's been the bright spot so universe wallet is flat year over year, 2021 was peak m&a activity i think enterprise software in particular will continue to see pretty strong activity the companies are durable, cut through the cycle, good levels o

but also smaller companies is going to have major downstream impacts on the companies with whom they also do business. i really would to zero in on these go up three missions a problem. the question, do you really think it's reasonable to ask companies to collect, analyze, reconcile, report on things that literally whether the company employee is a tesla or a pickup? that is in essence with the commission is doing when it expanded with the scope three rules and omissions. greg senator, what we have right now in america is we have many companies. hundred center greenhouse gas emissions to the public. there including also, not all of them but many around scope three. this is the downstream are your suppliers. and so what we are trying to do is bring some semblance do that. standardization. we have said is not a mandate. if you have a commitment. >> the rule would give the company's leeway. whether they expand to scope three or not. >> is only a proposal per the adoption sills not happen. i mandate on scope one and scope two. we took in a different approach for scope three. the company

not in every company, but take gitlab, one of our companies in the devop space.a rapidly large market, which is key to all future software development. do i see very large head room over the next three, five years? absolutely so it's a buy and hold opportunity for me at least. similar thing with something like affirm, another one of our portfolio companies, which is in the consumer lending business. buy now, pay later is small in the market they are in mastercard and visa is the real market these are exciting opportunities and have multi-year runs that's the approach we take, is a portfolio companies i'm happy to hold for multiple, multiple years. >> i was just going to ask about affirm because this stock was, what, $170 last year it's now in the mid-20s. you know the concerns right now. funding costs are rising, interest rates rise, never really been tested through recessionary, higher rate environment, the competition is coming from every single why stay with it >> why stay with it. because they have a huge advantage in credit scoring, which is the key to consu

this is evolving from gym to global media company.necting your people and content in one place. this is the system you built to transform your business. this is how. airtable. >>> goldman sachs' apple card has a surprising new problem, mounting credit losses are posing a threat to the growing business joining us, the reporter behind that piece >> so every month or every quarter in this case you have the credit card companies releasing data about their delinquencies and chargeoffs that's when people get late and ultimately default out of their credit card debt given goldman sachs' heavy reliance on the apple card, they had a chargeoff rate roughly twice what you would see out of a jpmorgan or a bofa we can get into why that's an apples to oranges comparison in a little bit, but it's sizable i dug into it a little bit it turns out if you look at their customers, about 28% of their loans go out to people with fico scores lower than 660 which is considered below prime. >> hugh, isn't this by design in a way? apple wanted to make these fin

i did not join a british company or an australian company.he companies that can buy that were american were the ones that i was intrigued by. dow had the best model for a 21-year-old, join us and experience the world. david: did you come from a wealthy family? quick no, blue-collar. immigrants. my father, he lost his parents, so he raised his two younger brothers when he was 12. he became an apprentice and a carpenter. he and his brothers built a small business in darwin. they sent me down to a very cold part of australia called melbourne. i got cold redefined when i went to michigan, but i thought it was cold at the time. there was an accident in a factory in hong kong. david: dow is a very famous chemical company, was for quite some time. how did you go from hong kong with this australian accent to an american company in the middle of the united states? andrew: there was this view that to go international, you had to hire local, and they went around the world looking for people who were willing to go to these far-flung locations. hong kong

every company, me the year of course media companies, everything is connected. so the longer it last they the great they are or the more serious air they impact will be. and, and we're not prepared for that. the world wide web was developed in the late 1980 s, primarily to enable communication between universities back then online shopping and video streaming. we're still things of a distant future. but the internet quickly spread to other areas of life. it was now created for support in all of the companies and processes, all of the corners are happening in all of the critical infrastructures and government services. everything is going on and it wasn't created for that. is the internet really endanger for esther pontiac, glock? it's just a matter of time before the world wide web collapses. we have a very many examples. it hasn't happened affect global scale, but it has happen at, at the massive scale. so it will happen at the global scale to morrow in 5 years, in 10 years, or never. are we really at risk of a global internet blackout? well, let's take a close

it could well be in some companies, i don't know exxon, some companies as much as 90%.senator warren: you're close on that last number. according to a global analysis, about 88% of the emissions of those fossil fuel companies like exxon are scope three emissions. so in other words, oil and gas companies have scope three emissions that on average as you say, about 90%. >> we're going to leave this here to keep our over 40 year commitment to live coverage of congress. watch more on our free c-span video app, c-span now. the house is about to gavel in, members will vote on additional protections for whistleblowers and a bill making changes to u.s.sen es us is bureau operations including the -- limiting the reasons the president could fire the director. now live to the house floor. [captions copyright national cable satellite corp. 2022] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] the speaker pro tempore: the house will be in order. the chair lays before the house a communication fr

hrs, for example, large companies, definitely need something for large retail companies that providehousands of jobs. and the question is to quickly hire hr competencies , because it is not clear how to build a career further. there are those who are happy to self-educate dresses - these are cosmetologists , hairdressers, and everything related to the service sector, and they really invest a lot in their own education to update their own. in his skills, but there are people who, in principle, do not invest in their upskilling and shift these tasks to the work of the corporation, for example, call centers, salespeople, drivers, and here, indeed, corporations spend a lot of budgets to train large industry companies corporations. hmm very uh, investing and following the path of targeted support measures that are targeted. firstly, to attract young professionals and to retain them , it implements the so-called minimum social support, and for whom it is convenient to choose a method, therefore, there may be corporate mortgage pension programs, additional health insurance payment of expens

companies are deciding to pull back cyber? is going to be difficult for companies to pull back cyber. they may delay, and there might be more scrutiny's, but at the end of the day, there's too many drivers at the board level down. cyber is the number one risk boards are talking about. you combined that with some of the regulatory pressures like the sec coming out with guidance around disclosing breaches and disclosing if you had to pay ransom. at the end of the day, it is something that is going to be very difficult to make it a nice to have, it is a must-have for most companies. we will see how it plays out over time and i think we are in a great spot to consolidate a lot of spend an hour sector. emily: let's talk about your assessment of the threat landscape how concerned are you about china specifically upping the groundwork for launching more cyber attacks against the west given rising tensions with taiwan? >> you always have to be concerned about china, and other nationstates. china is prolific in its attacks. it has grea