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cory's cookies. lemonis: okay. are you also cory or is it only mr. cory? cory: cory, yeah. yep. lemonis: okay. well, nice to meet you. cory: thank you. nice to meet you, too. lemonis: you look sharp. cory: you look sharp, too. this is my mom. lisa: cookie mom, lisa. lemonis: i'm marcus. lisa: how are you doing? lemonis: nice to meet you. tell me what's going on here. cory: okay, so today we actually have a pop-up shop and customers come, they get a cookie. they sit down and wait for their car. lemonis: are we generating revenue? or are you giving them away? cory: the company buys them and then we give them. lemonis: very smart. whose idea was that? cory: both of our ideas. lemonis: okay. now more importantly, i love cookies. cory: so you got to try them. lemonis: so i'm a really tough judge, though. cory: okay. okay. i got you. lemonis: okay. cory: okay, this is the chocolate chip. they're all natural, and they have no preservatives added. lemonis: the chocolate chip was amazing. cory: thank you. second, this is a double dark. this is like the brownie. nice and soft in the middl
cory's cookies. lemonis: okay. are you also cory or is it only mr. cory? cory: cory, yeah. yep. lemonis: okay. well, nice to meet you. cory: thank you. nice to meet you, too. lemonis: you look sharp. cory: you look sharp, too. this is my mom. lisa: cookie mom, lisa. lemonis: i'm marcus. lisa: how are you doing? lemonis: nice to meet you. tell me what's going on here. cory: okay, so today we actually have a pop-up shop and customers come, they get a cookie. they sit down and wait for their car....
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cory: 13. lemonis: really? cory: yep. lemonis: a pint-sized entrepreneur and his mom have created a popular cookie brand. cory: would you like to try a cookie? jennifer: these are really good. cory: thank you. lemonis: but now their company is going through growing pains. lisa: when you don't have the right resources or the brain, this is what happens. i'm back to square one. lemonis: the c.e.o. struggles with the fundamentals. how much does it cost to make a dozen? cory: a dozen is around... lemonis: you don't know. cory: oh, no. lemonis: his mother struggles with self-doubt. lisa: i don't think i can take the company where it needs to be. lemonis: you can. i'm positive. i wouldn't be standing here. their product tastes great, but it can't be sold in stores. what's the shelf life? cory: two days. lemonis: if i can't get this young c.e.o. up to speed and get his mother to trust me... no matter what you try to do to push me away, you're not going to be able to do it. ...this cookie company could crumble. my name is marcus
cory: 13. lemonis: really? cory: yep. lemonis: a pint-sized entrepreneur and his mom have created a popular cookie brand. cory: would you like to try a cookie? jennifer: these are really good. cory: thank you. lemonis: but now their company is going through growing pains. lisa: when you don't have the right resources or the brain, this is what happens. i'm back to square one. lemonis: the c.e.o. struggles with the fundamentals. how much does it cost to make a dozen? cory: a dozen is around......
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Dec 31, 2017
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i'm cory johnson.ripples, is breaking out of bitcoin's shadows, up more than 21,000%, more than any other cryptocurrency. the ceo of ripple brad garlinghouse joined us. he argued that ripple has functionality that bitcoin can only dream of. brad: there is a lot of hype in this space. but i think it is also -- cory: you think? [laughter] brad: but there is a lot of reality. ripple has been very focused on how do we create utility. there is a multitrillion dollar problem. cross border payments. if we can reduce the friction, using blockchain technologies, we think we can create a lot of value for consumers, for banks, for the whole ecosystem. cory: yeah, but anyone who was traveled overseas and goes to an atm machine, and sees the massive fees just to access their own money often from the same bank they use from their native country knows what a problem this is. you are looking for beyond it i guess from what the banks themselves are paying. brad: even within the banking community, there is a few banks t
i'm cory johnson.ripples, is breaking out of bitcoin's shadows, up more than 21,000%, more than any other cryptocurrency. the ceo of ripple brad garlinghouse joined us. he argued that ripple has functionality that bitcoin can only dream of. brad: there is a lot of hype in this space. but i think it is also -- cory: you think? [laughter] brad: but there is a lot of reality. ripple has been very focused on how do we create utility. there is a multitrillion dollar problem. cross border payments....
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Dec 30, 2017
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i'm cory johnson. last year, up more than 21,000%, more than any other cryptocurrency. the ceo of ripple joined us. ripple has functionality that bitcoin can only dream of. >> there is a lot of hype in this space. cory: you think? >> [laughter] [laughter] >> but there is a lot of reality. ripple is very focused on how we create, it is a multi-chilean dollar problem. if we can reduce the friction, using blockchain technology can create value for consumers. the whole ecosystem. anyone who was traveled overseas and goes to an atm machine, and see the massive fees often from the same bank they use from their native country knows what a problem this is. that,e looking for beyond i guess. >> even within the banking community, there are a few banks that sit on the top of the whole global payments structure. all the other banks pay them to settle the global liquidity required for commerce, small business, retail. across the board, it is amazing we live in a world where to send money to london today, the fastes
i'm cory johnson. last year, up more than 21,000%, more than any other cryptocurrency. the ceo of ripple joined us. ripple has functionality that bitcoin can only dream of. >> there is a lot of hype in this space. cory: you think? >> [laughter] [laughter] >> but there is a lot of reality. ripple is very focused on how we create, it is a multi-chilean dollar problem. if we can reduce the friction, using blockchain technology can create value for consumers. the whole ecosystem....
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cory: exactly.t do you think amazon is trying to do in terms of competition and putting drones on "60 minutes"? alex: i would be surprised if amazon can beat two bucks a package, even with a drone. it is not my job to analyze their business, but putting people out on the streets, in trucks is expensive. , the post office has been doing it a long time and is pretty good at it. it seems like a reasonable cost for amazon to have the post office do that for them. cory: he is not a business political analyst, but he plays one on tv. alex wayne. thank you for joining us. coming up, apple apologizes for slowing down older iphones. meanwhile, we take a look at the top stocks of 2017. this is bloomberg. ♪ cory: i know you are wondering what the top performing ipo was over the last year. it was roku. roku had a big run. three months into the deal, they set a pace more than doubling since hitting in september. on the other end of the spectrum, blue apron has seen shares fall by more than 50% since its debut in
cory: exactly.t do you think amazon is trying to do in terms of competition and putting drones on "60 minutes"? alex: i would be surprised if amazon can beat two bucks a package, even with a drone. it is not my job to analyze their business, but putting people out on the streets, in trucks is expensive. , the post office has been doing it a long time and is pretty good at it. it seems like a reasonable cost for amazon to have the post office do that for them. cory: he is not a...
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Dec 26, 2017
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. ♪ cory: i'm cory in for emily chang, and this is "bloomberg technology."pple shares take a hit after lackluster demand for the iphone x. celebrate a very strong holiday season. we will look at how the smart home tech gadget fits into amazon's plans for 2018. rallyingwhat a ride, at 16,000 after last week's big fella. what does this mean about bitcoin bubble? first to our lead. apple analysts lowering the iphone x shipment projections for the first quarter, citing weak demands during the holiday season. shares falling more than 2.5%. 10 million fewer units will be in q1nq1 2018 -- sold 2018 compared to the current quarter. joining us right now is alex. we talked about this on bloomberg radio a while ago, and this is really interesting because it is a projection of what is about to happen in the quarter that starts next week and what just happened. alex: it has been one of the concerns heading into the christmas quarter. the iphone x was released six weeks after the iphone 8. there was a fear that maybe if they got too close to the release date of the samsun
. ♪ cory: i'm cory in for emily chang, and this is "bloomberg technology."pple shares take a hit after lackluster demand for the iphone x. celebrate a very strong holiday season. we will look at how the smart home tech gadget fits into amazon's plans for 2018. rallyingwhat a ride, at 16,000 after last week's big fella. what does this mean about bitcoin bubble? first to our lead. apple analysts lowering the iphone x shipment projections for the first quarter, citing weak demands...
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. ♪ cory: i'm cory johnson, in for emily chang. this is "bloomberg technology."oftbank's ceo is about to add to his tech portfolio. buer -- uber investors agreed to sell him a 20% stake in the right ailing giant -- ride-hailing giant. we will look back at the year uber likely wants to forget, but we won't. plus, more highlights of our interviews with leaders who helped shape technology over the past year. son of softbank close on a deal to buy a large stake in uber. the sale implies a $48 billion valuation for uber, way down from the $69 billion valuation it achieved not long ago. here is what son had to say about uber back in august. >> i think the way people use the transportation and the lifestyle will be different from , 30 years later, 50 years later. it will be very different. autonomous car is coming. comes, thist stage tide- -- ride-share business becomes even more important. cory: joining us now to discuss the news, bloomberg's redstone -- brad stone. let me start with you. this deal cook -- took quite a while for these guys to put together, but also rea
. ♪ cory: i'm cory johnson, in for emily chang. this is "bloomberg technology."oftbank's ceo is about to add to his tech portfolio. buer -- uber investors agreed to sell him a 20% stake in the right ailing giant -- ride-hailing giant. we will look back at the year uber likely wants to forget, but we won't. plus, more highlights of our interviews with leaders who helped shape technology over the past year. son of softbank close on a deal to buy a large stake in uber. the sale implies...
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cory: yeah.the main phone number -- the main phone number listed in the most recent filing didn't have the full phone number. the previous one was disconnected. it's an interesting company with a billion-dollar market cap. today.lit three-to-one julie, thank you very much. we appreciate your time. up next, we continue the cryptocurrency conversation. the ceo of ripple is actually using blockchain to field a banking. this is bloomberg. ♪ >> you are watching "bloomberg technology." let's start with a check of your "first word news." former president obama gave his first interview since leaving the white house. he warned about the use of social media by world leaders. president obama: all of us in leadership have to find ways in which we can re-create a common space on the internet. one of the dangers of the internet is people can have entirely different realities. they can be cocooned in the information that reinforces their current biases. >> mr. obama did not mention president trump by name. the
cory: yeah.the main phone number -- the main phone number listed in the most recent filing didn't have the full phone number. the previous one was disconnected. it's an interesting company with a billion-dollar market cap. today.lit three-to-one julie, thank you very much. we appreciate your time. up next, we continue the cryptocurrency conversation. the ceo of ripple is actually using blockchain to field a banking. this is bloomberg. ♪ >> you are watching "bloomberg...
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this is bloomberg. ♪ cory: i am cory johnson, this is "bloomberg technology." are a lot of reasons to be suspicious of technology, whether it is fake news or stocking. but benchmark thinks there are reasons to be positive about technology, going forward. we talk about these arguments and some of the things -- ways you may fall out of love with tech. >> it is depressing with a whole bunch of reasons. the first place to start would be sexual harassment and gender in silicon valley. it is easy to forget this whole conversation around sexual harassment kind of started with a blog post written by an uber engineer, susan fowler, who complained about the treatment of women at uber. that led to the resignation of travis kalanick. you can argue a lot of the conversation that happened to then has been driven by the tech industry. that is one. the other would be the role of social media in misinformation. a couple years ago we were starry eyed about things like facebook. cory: and the release of twitter would lead to a terrific spring in a pressed societies and so on. wha
this is bloomberg. ♪ cory: i am cory johnson, this is "bloomberg technology." are a lot of reasons to be suspicious of technology, whether it is fake news or stocking. but benchmark thinks there are reasons to be positive about technology, going forward. we talk about these arguments and some of the things -- ways you may fall out of love with tech. >> it is depressing with a whole bunch of reasons. the first place to start would be sexual harassment and gender in silicon...
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cory: yeah.ain phone number listed in the most recent filing didn't have the full phone number. the previous one was disconnected. it's an interesting company with a billion-dollar market cap. it's split three-to-one today. julie, thank you very much. we appreciate your time. up next, we continue the cryptocurrency conversation. the ceo of ripple is actually using blockchain to field a banking. this is bloomberg. ♪ opponent who filed his papers on sunday but the election commission banned him from standing as he has a criminal conviction. the he says this was political ly motivated. nd a device containing ploseiffs went off. no one has admitted to setting the device. and a tip from the c.i.a. foiled to bomb the. bitcoin is a bubble in the current currency. so says the head of south career service. nd and after its biggest rally ended a route of 44% of its value. and best year since 2004. and the best annual gain in seffven years and the most since july. and on a stronger footing when it comes to
cory: yeah.ain phone number listed in the most recent filing didn't have the full phone number. the previous one was disconnected. it's an interesting company with a billion-dollar market cap. it's split three-to-one today. julie, thank you very much. we appreciate your time. up next, we continue the cryptocurrency conversation. the ceo of ripple is actually using blockchain to field a banking. this is bloomberg. ♪ opponent who filed his papers on sunday but the election commission banned him...
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cory: a sports bra?d have thought blockchain could happen get -- could help the manufacturing of that. blockchain, adding that to the name is like the late 90's early 2000's when companies were adding .com to their name even though they have note -- nothing to do with the internet. their stocks with surge. it is deja vu all over again. cory: i would look for things along the line of the trend. that did notmpany have a wireless product. when i saw this, i do not know if it was fake or real. i saw it had internet of things and blockchain in its discretion and the zero revenues and over $1 billion in revenues, i thought this was worth kicking around a little bit. just no revenue, it has $15,000 of cash in their hand. they're burning through $220,000 a month. it does not seem like a company that is one that should be soaring in valuation. the profile of the company is is basically the summation of what this whole thing is. cory: that is a professor at stanford business school who has written positively about
cory: a sports bra?d have thought blockchain could happen get -- could help the manufacturing of that. blockchain, adding that to the name is like the late 90's early 2000's when companies were adding .com to their name even though they have note -- nothing to do with the internet. their stocks with surge. it is deja vu all over again. cory: i would look for things along the line of the trend. that did notmpany have a wireless product. when i saw this, i do not know if it was fake or real. i...
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cory: in terms of your investment.it means is we are going to be investing a lot in how people reimagine and the construction and manufacturing processes. you probably know this. construction is the lowest invested in i.t. right next to agriculture in the u.s. i think in europe it is below agriculture. this industry needs to be transformed. and it is investing crazy in digital technologies now. when you look forward, what we are going to be doing is helping our construction customers become manufacturers of building. emily: our bloomberg editor at large cory johnson with the ceo of autodesk. still ahead, jakarta-based go-jek has its eye on an ipo. our interview with the ceo and how he is fending off competition. this is bloomberg. ♪ ♪ emily: this week lyft announced its most recent funding round -- that brings the total to $11.5 billion. this was led by alphabet which backed uber early on. but now uber and alphabet's waymo are in a lawsuit. lyft has gained significant u.s. market share as its main rival, uber, faces a
cory: in terms of your investment.it means is we are going to be investing a lot in how people reimagine and the construction and manufacturing processes. you probably know this. construction is the lowest invested in i.t. right next to agriculture in the u.s. i think in europe it is below agriculture. this industry needs to be transformed. and it is investing crazy in digital technologies now. when you look forward, what we are going to be doing is helping our construction customers become...
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cory johnson joined us with more . cory: they have gobbled up lots of different parts.tioned qualcomm as a potential acquisition but they , have already gobbled up some interesting and big parts of the semi conductor world. avago buying broadcom. brocade acquired by broadcom. that company also dominant in the storage business. but the results we see today from broadcom, looking back at the quarter that ended in october, really strong iphone business. what we see here is really great strength in gathering more and more silicon not in the old iphone, but the new iphone. we see that business showing up in the results. 17% year-over-year growth in the semiconductor space is very strong for a business this egg. emily: we have seen the danger of relying on apple as a customer. how much does broadcom rely on them as a customer as opposed to others? cory: it is absolutely the most important customer. broadcom has been successful at getting apple to pay whereas others haven't. qualcomm has been unsuccessful at getting apple to add more real estate in the phone. broadcom has been
cory johnson joined us with more . cory: they have gobbled up lots of different parts.tioned qualcomm as a potential acquisition but they , have already gobbled up some interesting and big parts of the semi conductor world. avago buying broadcom. brocade acquired by broadcom. that company also dominant in the storage business. but the results we see today from broadcom, looking back at the quarter that ended in october, really strong iphone business. what we see here is really great strength in...
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emily: thank you, cory johnson.ing up, at&t and the department of justice step inside the courtroom. what a federal judge had to say about the impending antitrust case. and a feature i want to bring to your attention. our interactive tv function. find it at tv on the bloomberg. watch us live. if you miss an interview, go back to it. you can send our producers a message, play along with the charts we show you on air. this is for bloomberg subscribers only. this is bloomberg. ♪ emily: disney is tapping into the tech world to expand. giant oracle and the head of lumina will join the board on february 1. the expansion of the board coincides with talks disney is holding to buy the entertainment assets of 21st century fox. ceo bob iger is scheduled to retire in july, 2019, suggesting that directors will have to be vetting possible successors next year. at&t and the department of justice squaring off in court. a federal judge says the antitrust lawsuit will go to trial on march 19 of next year. the doj is trying to bl
emily: thank you, cory johnson.ing up, at&t and the department of justice step inside the courtroom. what a federal judge had to say about the impending antitrust case. and a feature i want to bring to your attention. our interactive tv function. find it at tv on the bloomberg. watch us live. if you miss an interview, go back to it. you can send our producers a message, play along with the charts we show you on air. this is for bloomberg subscribers only. this is bloomberg. ♪ emily:...
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emily: cory, you also have td ameritrade on friday saying they are getting into this. cory: right.uirements, people have just got so much money behind this in order to trade this. it is not as simple as just trading a stock or currency. a lot of volatility around this. that is owing to the media around this. emily: olaf, you and i were talking before the show. the price has just soared. every time you come on i say, are we in a bubble? the price keeps going higher. does the rapid rise of the price make you question the legitimacy of the value here? olaf: what we are seeing in a way is not that dissimilar from the rapid rise you might see from other technologies. when you look at a breakout startup like uber, we are seeing a similar rapid rise there, but it is all happening in private markets that are relatively liquid. here you are seeing retail investors with the ability to actually gain into that rise and see this viscerally day to day. it is not surprising to me we are seeing from other types of breakout industries. i do think this is much bigger than any individual company. it
emily: cory, you also have td ameritrade on friday saying they are getting into this. cory: right.uirements, people have just got so much money behind this in order to trade this. it is not as simple as just trading a stock or currency. a lot of volatility around this. that is owing to the media around this. emily: olaf, you and i were talking before the show. the price has just soared. every time you come on i say, are we in a bubble? the price keeps going higher. does the rapid rise of the...
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some politics saying that cory booker. from new jersey not only will run for president in 2020 but be the president. we'll break it down for you. >> ever been out on road in a public place and needed to use the bathroom to be told by whoever was working there, that is only for employees. a new bill proposed in new jersey that would change that. real break it down for you, i am bill spadea, this is "chasing news." >> new york city endured another terror attack, this time got of ththeballot of the balloted was foild, the suspect is being charged he is in trouble. there a debate to how far the charges should go and how this suspect, should be treated. we have a lot to break down on legal side. how it is impacts and what the muslim community is saying about it we start with as with ashley. >> new york city bombing suspect, ullah was charged with federal terrorism charges tuesday, still being treated at bellevue hospital. police and national guard, continue to guard port authority bus terminal, u.s. acting attorney general said
some politics saying that cory booker. from new jersey not only will run for president in 2020 but be the president. we'll break it down for you. >> ever been out on road in a public place and needed to use the bathroom to be told by whoever was working there, that is only for employees. a new bill proposed in new jersey that would change that. real break it down for you, i am bill spadea, this is "chasing news." >> new york city endured another terror attack, this time...
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cory: none.cularly with this congress, they don't want to get involved in regulating markets and protecting investors. we have seen very aggressive efforts to take away protections for investors and i think we may see more of that. are people losing their shirts on this stuff -- i speculate it will not prompt congress to do anything to create more investor protections. i am saying it probably won't. emily: keeping as honest as always. thank you, cory johnson. well, elon musk appears to have just given his phone number to his 60.7 million twitter followers. in what looks to be a message intended to the cofounder of seculus -- do you have a to talk, my number is -- deleted the tweet but this is not the first time to act in l.a. tweet out what what is intended to be a private message. coming up, a new battle for battle shipping. we catch up with the shoprunner ceo. site compete with amazon for holiday delivery. if you like bloomberg news, listen on the bloomberg radio app, bloomberg.com and siriusxm
cory: none.cularly with this congress, they don't want to get involved in regulating markets and protecting investors. we have seen very aggressive efforts to take away protections for investors and i think we may see more of that. are people losing their shirts on this stuff -- i speculate it will not prompt congress to do anything to create more investor protections. i am saying it probably won't. emily: keeping as honest as always. thank you, cory johnson. well, elon musk appears to have...
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i believe that's cory booker on the right, doug jones in the middle. yes, that is cory booker.s out campaigning yesterday and today, and the question here, ken thomas, is as we get, if you will, those northeastern politicos coming in to speak on behalf of their candidates, does it work? we also, of course, saw donald trump record a robocall to be used in the next 24 hours or so. let's listen to cory booker really quickly and then i'm going to get your reaction here. >> all right! well, listen, listen, doug said it right, this is not about him. it really is not. i've come to love this man, respect this man. i've watched him from afar. i've been up real close with him for the last two days running around this incredible state, but he is absolutely right. when you're standing with about 48 hours left before one of the most consequential elections in our nation, in my lifetime it's not about just the candidate, it's about the people. and what i know from years of coming down to this great state, from years -- in fact, just this year, was here months ago running around to tallasee a
i believe that's cory booker on the right, doug jones in the middle. yes, that is cory booker.s out campaigning yesterday and today, and the question here, ken thomas, is as we get, if you will, those northeastern politicos coming in to speak on behalf of their candidates, does it work? we also, of course, saw donald trump record a robocall to be used in the next 24 hours or so. let's listen to cory booker really quickly and then i'm going to get your reaction here. >> all right! well,...
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so cory clement initially will keep his focus on this guy. when he see that is stunt, he kind of leans back to the inside. ogletree almost gets a hit on carson wentz. but watch how he feels the pressure and steps up out of harm's way and extends the play well enough to get the ball off down the field. that's one of the things carson gives you that not a lot of quarterbacks can do. so the offensive line and everybody will have to pick up their game to make sure nick is protected first and make sure that he has time to throw the football. >> doug pederson says he doesn't have to change much with nick foles. what are the things he can do to help nick foles? >> i think the run/pass options, all of the things they do, they will continue to do those things. they will run the football because that's what they have to lean on. run the ball, run the ball well, and if they do that, i think nick foles will be just fine. nick is a veteran of this offense. he was 2-0 last year running the offense for kansas city. nick can run the offense without a problem
so cory clement initially will keep his focus on this guy. when he see that is stunt, he kind of leans back to the inside. ogletree almost gets a hit on carson wentz. but watch how he feels the pressure and steps up out of harm's way and extends the play well enough to get the ball off down the field. that's one of the things carson gives you that not a lot of quarterbacks can do. so the offensive line and everybody will have to pick up their game to make sure nick is protected first and make...
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cory gardner, who heads up the senatorial committee, tim scott and many others take the other side of that. it we don't need to have him here. the voters are going to decide on tuesday, but i think what they are going to have is an ethics investigation and what we've been doing on my committee's we've been hearing the voices of the women in the victims. every woman has a story. jeff sessions says he believed these women and i think if roy moore doesn't underperform like he has in the past and he's here, he will be facing the ethics committee. >> chris: i want to ask you directly, does it work bother you as a republican congresswoman to see president trump and the republican national committee supporting roy moore? >> congresswoman comstock: it doesn't represent me, i don't think it represents most of the republican women as well as my colleagues like senator tim scott and others in cory gardner have made clear. >> chris: democrats move fast this week to push both john conyers, your fellow congressman from michigan, and al franken,
cory gardner, who heads up the senatorial committee, tim scott and many others take the other side of that. it we don't need to have him here. the voters are going to decide on tuesday, but i think what they are going to have is an ethics investigation and what we've been doing on my committee's we've been hearing the voices of the women in the victims. every woman has a story. jeff sessions says he believed these women and i think if roy moore doesn't underperform like he has in the past and...
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Dec 18, 2017
12/17
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as well as cory johnson.cks are wrapping up the last few trading days of the year by hitting new records. investors are optimistic congress will pass tax cuts this led the tech stocks game with nasdaq rising 7000 in the session. coming up, one of the biggest airports in the world came to a halt this weekend. we will discuss how tech and should improve travel in the busy holiday season. bloomberg technology is live streaming on twitter. check us out weekdays 5 p.m. in new york and 2 p.m. in san francisco. this is bloomberg. ♪ whatsapp was given a month to comply with french privacy law and stop transferring data from facebook users without consent. whatsapp was given a france's data protection authority says it wants to ensure the highest level of transparency on the massive data , according to a statement monday. this comes after 28 eu privacy watchdogs published a letter published in october tofrance'sn whatapp's world. whatapp's co-founder. meantime, power is back on and one of the busiest airports in jacks
as well as cory johnson.cks are wrapping up the last few trading days of the year by hitting new records. investors are optimistic congress will pass tax cuts this led the tech stocks game with nasdaq rising 7000 in the session. coming up, one of the biggest airports in the world came to a halt this weekend. we will discuss how tech and should improve travel in the busy holiday season. bloomberg technology is live streaming on twitter. check us out weekdays 5 p.m. in new york and 2 p.m. in san...
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Dec 6, 2017
12/17
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cory: broadcom is a very interesting business.obbled up some really interesting and big parts of the semiconductor world. broadcom having success with the iphone and in networking devices. brocade was acquired by broadcom. that company dominant in the storage business. the results that we see here today from broadcom, looking back to the quarter that ended in october, really strong iphone business here. we see really great strength and gathering more andthe results ta in the new iphones, and we see that business showing up in these results. 17% year-over-year growth in the semiconductor space is very strong for a business this big. emily: we've seen the danger of relying on apple as a customer. how much does broadcom rely on apple as a customer? cory: it's absolutely the most important customer. looking forward to the qualcomm m&a, broadcom has been successful getting apple to pay it. qualcomm has been unsuccessful. broadcom has been able to add more real estate in the phone. interestingly, the quality of the phone call that apple
cory: broadcom is a very interesting business.obbled up some really interesting and big parts of the semiconductor world. broadcom having success with the iphone and in networking devices. brocade was acquired by broadcom. that company dominant in the storage business. the results that we see here today from broadcom, looking back to the quarter that ended in october, really strong iphone business here. we see really great strength and gathering more andthe results ta in the new iphones, and we...
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Dec 19, 2017
12/17
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cory: right, but with significant requirements.en the volatility, people have so much money behind this. it is not as simple as trading. a lot of it is owing to volatility and a mania around this. emily: you and i were talking before the show, the price has soared. i feel like every time you have come on, i say are we in a bubble, and the price keeps going higher and higher. does the rapid rise of the price make you question the legitimacy of the value? olaf: what we are seeing is it is not that dissimilar from the rapid rise you would see from other technology. when you look at a breakout startup like uber, we are seeing a similar rapid rise there. it's happening in private markets that are relatively liquid. here, you are seeing retail investors with the ability to actually gain exposure through this break through technology and see that rise day-to-day. it is not that dissimilar from the types of growth you would see from other breakout industries. i do think this is much bigger than any individual company. it is not surprising
cory: right, but with significant requirements.en the volatility, people have so much money behind this. it is not as simple as trading. a lot of it is owing to volatility and a mania around this. emily: you and i were talking before the show, the price has soared. i feel like every time you have come on, i say are we in a bubble, and the price keeps going higher and higher. does the rapid rise of the price make you question the legitimacy of the value? olaf: what we are seeing is it is not...
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Dec 23, 2017
12/17
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also, cory johnson.'s start with what is going on in bitcoin this week. >> i created a bitcoin monitor on my screen and i have been monitoring a bunch of stocks as well working on a bloomberg news story coming to a bloomberg terminal soon. check that out. emily: i will. >> today was weird. i cap noticing the price looked like it was up for me today. and since this morning, since the beginning of trading today, it is not a stock, bitcoin is up, and it is up it today, 24% comes since 9:30 this morning new or time. basically since i've been awake today, bitcoin has been rallying after a selloff. i think it highlights the enormous volatility that is still extant in the trade of bitcoin. added to that, a lot of equities that have been formed around the idea of blockchain and bitcoin. despite the futures contracts trading inside chicago. emily: yet, you still have the skeptics. the hedge fund manager had this to say about his bitcoin plans. take a listen. >> this is a bubble and there is a lot of fraud mixed i
also, cory johnson.'s start with what is going on in bitcoin this week. >> i created a bitcoin monitor on my screen and i have been monitoring a bunch of stocks as well working on a bloomberg news story coming to a bloomberg terminal soon. check that out. emily: i will. >> today was weird. i cap noticing the price looked like it was up for me today. and since this morning, since the beginning of trading today, it is not a stock, bitcoin is up, and it is up it today, 24% comes since...
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Dec 22, 2017
12/17
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also cory johnson. let's discuss what is going on in bitcoin this week.ory: i am working on a bloomberg news story coming soon to a terminal may argue here at check that out -- a lot of the point stocks. today was weird i kept looking at the price look like it was going up. and since this morning, since the trading, not a stock, bitcoin is up and it is up eight today since 9:30 this morning new york time. basically since i've been awake today, it has been rallying after a selloff. i think it highlights the enormous volatility that is still extant in the trade of bitcoin. add to that a lot of the equities that have informed around the idea of blockchain and bitcoin. yet, you still have the skeptics. the hedge fund manager had this to say about his bitcoin chairs. >> this is a bubble and there is a lot of fraud mixed in. there is a lot of froth and fraud in anything as exciting as this. >> i want the record to show i didn't say that. >> mostly because it's so global. emily: he also says he is shelving plans for a cryptocurrency had one -- cryptocurrency hed
also cory johnson. let's discuss what is going on in bitcoin this week.ory: i am working on a bloomberg news story coming soon to a terminal may argue here at check that out -- a lot of the point stocks. today was weird i kept looking at the price look like it was going up. and since this morning, since the trading, not a stock, bitcoin is up and it is up eight today since 9:30 this morning new york time. basically since i've been awake today, it has been rallying after a selloff. i think it...
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Dec 15, 2017
12/17
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cory johnson, thank you so much. cory johnson, our editor at large.hat sustainable if you are creating that much content? i understand there are a lot of buyers right now. cory: someone is making the understanding that if it is a sellers market, i want to set myself up to be a buyer in the next market and in a financially strong way that has not been seen since the 1980's. scarlet: let's look at what is happening in the presence. our stock of the hour is not participating in today's rally. sirius xm is falling the most in 5.5 years on a news that its costs are increasing. julie hyman is checking this out. down almost 6%. julie: this is an old-fashioned problem for a new age company. it is about royalty rates. whatever kind of operator you are, you have to pay it to artists. the couple to write -- copyright royalty board is out with a new rates, and they were higher than had been estimated. it is 15.5% of gross revenue. it begins on january 1 and lasts through the end of the year 2022. you get the stability through 2022, but for example, susquehanna, t
cory johnson, thank you so much. cory johnson, our editor at large.hat sustainable if you are creating that much content? i understand there are a lot of buyers right now. cory: someone is making the understanding that if it is a sellers market, i want to set myself up to be a buyer in the next market and in a financially strong way that has not been seen since the 1980's. scarlet: let's look at what is happening in the presence. our stock of the hour is not participating in today's rally....
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Dec 22, 2017
12/17
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cory: i remember when he got the job.t was an amazing thing to see these young entrepreneurs with a new idea get one of the best people in silicon valley. he was well known for what he did. he came with a knowledge of how enterprise software works so much. he was known for his mind in silicon valley. google became one of the great companies in the history of the world. as much as it was the founders, it was eric schmidt deeply involved. he stepped to this executive chairman role. he was very involved in running the company. nonexecutive chairman is a very different job. essentially it is a board level advisory role. his long-term history suggest he will still have an active role in the business. a nonexecutive chairman is very different from an executive chairman and the coo. it is remarkable, just simply remarkable what he has done in 17 years at google. emily: so this from larry page. continuing his 17 years of service to the company he will be helping us as a technical advisor on science and technology issues. i am inc
cory: i remember when he got the job.t was an amazing thing to see these young entrepreneurs with a new idea get one of the best people in silicon valley. he was well known for what he did. he came with a knowledge of how enterprise software works so much. he was known for his mind in silicon valley. google became one of the great companies in the history of the world. as much as it was the founders, it was eric schmidt deeply involved. he stepped to this executive chairman role. he was very...
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Dec 21, 2017
12/17
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cory: it is strong. this is the issue.n you make a market, a fair and orderly market, a principal, guiding rule, letting investors know they are going to get a fair and orderly market -- it could destroy the business of coinbase. this kind of reputational issue is extraordinarily serious. emily: interestingly, as you have more novice investors getting into this, some of the alternative coins are becoming more and more popular, the cheapest going, for example -- cheapest coin, for example. cory: across the board, all of these sold off. bitcoin declined by about 2.5%. others were down today, 1.5% to 2%. the total size of market capitalizations, as we heard in that soundbite, are mind-boggling. ripple -- we'll have the ceo of ripple on. hold on to your seats. the ceo will come on next week to talk to us. the ceo of ripple controls most of the ripple currency. they decided, as they build a real business around the currency and around the blockchain technology, they will sell off those pieces of ripple in regular fashion to tak
cory: it is strong. this is the issue.n you make a market, a fair and orderly market, a principal, guiding rule, letting investors know they are going to get a fair and orderly market -- it could destroy the business of coinbase. this kind of reputational issue is extraordinarily serious. emily: interestingly, as you have more novice investors getting into this, some of the alternative coins are becoming more and more popular, the cheapest going, for example -- cheapest coin, for example. cory:...
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Dec 10, 2017
12/17
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cory booker campaigning for doug jones. we're standing in front of the edmond pettice bridge where lewis led that march. that has been canceled due to weather. but doug jones is making that final push to turn out african-american voters. it wraps up its final weekend democrat doug jones is on the move. >> i can't remember what day we're in now where roy moore is in hiding. he comes out only to be seen, kind of like the groundhog, comes out every so often to see whether or not he can see his shadow. >> reporter: while denying allegations of sexual misconduct decades ago, republican roy moore has refused to answer questions from reporters at his limited campaign events. "the washington post" first broke the story of his youngest accuser, then 14-year-old leigh corfman more than a month ago. >> it's simply dirty politics. >> reporter: a friday night rally for president trump just over the state line in florida. >> i support judge moore 100%. >> reporter: days after officially endorsing moore, the president recording a last-min
cory booker campaigning for doug jones. we're standing in front of the edmond pettice bridge where lewis led that march. that has been canceled due to weather. but doug jones is making that final push to turn out african-american voters. it wraps up its final weekend democrat doug jones is on the move. >> i can't remember what day we're in now where roy moore is in hiding. he comes out only to be seen, kind of like the groundhog, comes out every so often to see whether or not he can see...
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Dec 5, 2017
12/17
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cory: we will see. that broadcom was willing to go after this deal, whether the semiconductor acquisition takes place, it shows they have a lot of elasticity in terms of what they're willing to bid to get qualcomm. it seems broadcom once to get big at any price. i did some crunching of numbers before i came on here. if you look at the philadelphia semiconductor index, it has been traded for 24 years. it has only gained better than 30% two years in a row. 35% for the year. if you want to guess which two years the philadelphia semiconductor index had double-digit or better gains in consecutive years? emily: i have no idea, please tell me. cory: it is 1998, 1999. it was at the height of the dotcom bubble. only to collapse with the rest of the tech stocks. it is the canary in the coal mine, something to pay attention to. it is a market indicator that tends to be lagging. emily: good context. our editor at large, cory johnson. over the next two weeks, bloomberg news will roll out a series on the future of in
cory: we will see. that broadcom was willing to go after this deal, whether the semiconductor acquisition takes place, it shows they have a lot of elasticity in terms of what they're willing to bid to get qualcomm. it seems broadcom once to get big at any price. i did some crunching of numbers before i came on here. if you look at the philadelphia semiconductor index, it has been traded for 24 years. it has only gained better than 30% two years in a row. 35% for the year. if you want to guess...
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Dec 12, 2017
12/17
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emily: cory, what are the risks of this deal? cory: there are a lot.eally have to look at the different parts of the business. obviously, the risk always in hollywood is the ability to deliver hits. it is a hit driven business. it is true fox and a lot of same assets disney to create content, even marvel superhero content, but has not done a good job. that core performance could continue to follow fox into the arms of disney and is truly the greatest risk. i think another existential risk of this deal -- no company should know better about the problems of cable television right now. the move from fat bundles to skinny bundles and unbundled content, going over the top, pulls away from espn, disney's cash cow. now you have been paying a lot of money to acquire fx, part of national geographic, other cable assets, even as we see people wanting skinnier bundles or no bundles at all. doubling down on something that is not working is often a badase wanting and seems to be the most existential bet for disney right now. emily: i'm curious what this means for hu
emily: cory, what are the risks of this deal? cory: there are a lot.eally have to look at the different parts of the business. obviously, the risk always in hollywood is the ability to deliver hits. it is a hit driven business. it is true fox and a lot of same assets disney to create content, even marvel superhero content, but has not done a good job. that core performance could continue to follow fox into the arms of disney and is truly the greatest risk. i think another existential risk of...
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Dec 26, 2017
12/17
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let's bring in cory johnson in san francisco.n on apple is not as big as many had expected. thin trading today. could we expect a sharper drop once all of these investors come back? cory: i think the fact that we had all of these analyst notes in concert today suggest the news is not a shocker. the variation of the account is quite wide. are 30%,whose notes 40% variance. still questions about how many iphone x's will be sold. , so much greater than the 8, and similarly with profits. we don't know the gross direct margin break down here, but the expectation is there are enormous profits to be had if the mix shifts just a few percentage points toward the iphone x. it makes a big difference for apple. much? do they suffer as if, for example, apple says production has not been what we wanted, is that something they put thosedy components into apple, have they already made those sales? cory: if apple catches a cold, suppliers catch a fever. if the product does not sell, it is the supplier that will suffer. even on the margin, when dem
let's bring in cory johnson in san francisco.n on apple is not as big as many had expected. thin trading today. could we expect a sharper drop once all of these investors come back? cory: i think the fact that we had all of these analyst notes in concert today suggest the news is not a shocker. the variation of the account is quite wide. are 30%,whose notes 40% variance. still questions about how many iphone x's will be sold. , so much greater than the 8, and similarly with profits. we don't...
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Dec 24, 2017
12/17
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i really do believe that cory iverson was a gift given to all of us. >> reporter: this was personal forhe chief. >> at the end of the day we are truly a family. >> cory iverson was one of his brothers but his heart aches for his widow. >> it is our extended family. >> reporter: his grief compounded by guilt. >> it this happened on my watch. >> reporter: nearly 2,000 people turned out to honor cory. >> i was able to see him honor him like that. it was a beautiful, beautiful thing zblrp friends say he was born to be a firefighter. >> 15 years old he wasn't a firefighter yet and hiking with the inmate crews. >> reporter: his family of three was supposed to grow to four but the unborn daughter will never meet her dad and. little evy can't make new memories with him. >> they'll know their father was a hero. >> we took ashley's husband cory from her. and that makes that family my responsibility the rest of my life. >> reporter: crews pulled together for the family. >> the fire stations went over appear decorated the house because they didn't want the little girl coming home without christmas
i really do believe that cory iverson was a gift given to all of us. >> reporter: this was personal forhe chief. >> at the end of the day we are truly a family. >> cory iverson was one of his brothers but his heart aches for his widow. >> it is our extended family. >> reporter: his grief compounded by guilt. >> it this happened on my watch. >> reporter: nearly 2,000 people turned out to honor cory. >> i was able to see him honor him like that. it...
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Dec 14, 2017
12/17
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one, cory booker. he went out on a limb and got into this race and doubled down on it.he came out a winner with doug jones. we also see the president as a winner. i know you may disagree. the reason is now that you have a polarizing figure in roy moore that the president is not compelling and we can move on. now goes back to the republicans. >> i think you can look at doug jones and scott brown in 2010. we will get that seat back in a couple of years. i would say that the president probably nationalized the election it would not have been nationalized if he stayed out of it. and the democrat base, the republicans have the most flawed candidate probably in history of candidates of course according to reports. >> i think it is somewhat unfair that a couple of allegations came out they were all over the map and inconsistent. no real evidence. washington post article says in 38 days this guy went from 20 points off to a disgraced politician where people throw him out. incorrectlby the way, the word pedophi
one, cory booker. he went out on a limb and got into this race and doubled down on it.he came out a winner with doug jones. we also see the president as a winner. i know you may disagree. the reason is now that you have a polarizing figure in roy moore that the president is not compelling and we can move on. now goes back to the republicans. >> i think you can look at doug jones and scott brown in 2010. we will get that seat back in a couple of years. i would say that the president...
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Dec 29, 2017
12/17
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. >> fox5 cory kauffman live in sterling. cory, what's going on?o be either apartment, or condos, and we are learning that there is fbi activity confirmed in this area. now, we first heard that there was a search warrant being served at one of the unit here, in this particular section, that we're at. at this time the fbi is confirming, court authorized law enforcement activity, that's all they will tell us at this point. we do not know how extensive this activity is. we do know, though, they're monitoring this area, we've seen several neighbors go in and out. and we understand that there are law enforcement activity could continue through the evening, as soon as we find out more information out of storing we'll bring that to you very soon,. >> thank you, cory. as we countdown the last few days of 2017, we are looking back on the moments that made you cheer in the field and at the arena. >> contrary to popular belief, there were indeed moments for the dc sports fans. >> are you sure? >> well, allegedly. we will turn it over to brody right now, he cl
. >> fox5 cory kauffman live in sterling. cory, what's going on?o be either apartment, or condos, and we are learning that there is fbi activity confirmed in this area. now, we first heard that there was a search warrant being served at one of the unit here, in this particular section, that we're at. at this time the fbi is confirming, court authorized law enforcement activity, that's all they will tell us at this point. we do not know how extensive this activity is. we do know, though,...