will the search mover from google to amazon -- move up from google to amazon? be google will double of something better. that is the debate we keep having everyday. it's a little away from the stock market. the stock market reactions are stark. i would expect less going forward. you will start seeing the improvements in ai. currently, it cannot be trusted to do many things. it can do basic stuff, like an application, copies, media, nda's contracts. those jobs may get repurposed to something more meaningful, upscaling. some of those things may happen. but it will not be as completely disruptive at least for the next few months. ed: give me a taste of the here and now, the reality. and what fractal is doing. you're providing ai right now to fortune 500 companies. what does that look like? what does that mean? sagar: fractal, has a set of 5000 people providing tech services in ai to almost 150 plus companies, across health care, financial services, insurances, consumer goods and retail. for us, every strategic decision, tactical decision, operational decision, a co

such as google amazons, economic experts agree that one of the reasons for the loss of the russian marketprotest mood is heating up among the inhabitants of germany, life in the country is becoming more expensive at a record pace, according to local places, every tenth resident of berlin in debt notes that the reason for the rise in prices is due to cloudy the rate of inflation caused by the policies of the scholz cabinet. i also i worry about price increases, where this will all lead, how we should pay for everything. it is now a very difficult financial situation. it is caused by high inflation and other reasons, i am students for this completely on

when it comes to apple, google, amazon, later today, they have a lot higher expectations. call me crazy we're still very cautious on megatech names all through 2023. we could even retest some of the lows. amazon will run into the same issues microsoft had with the cloud business. google will have to be optimistic on ad. i don't know who will buy iphone. google ask up over 20%, apple is up around 15%. i would not be chasing here. neil: interesting. ray, timing is everything. samsung made a shrew of new product announcements including a new galaxy phone. if you get the top model, it is $1200. to luke's point how demand for this sort of stuff started you know, you know losing momentum, significant momentum in the fourth quarter of last year. right around the holidays people were reluctant to fork over that kind of dough pretty much anything let alone high-tech products. leaving aside timing of samsung's announcement, even though this phone, offerings got rave technology reviews. i'm wondering if that is the real headwind for these guys, prices? >> not necessarily. the two big

they have subpoenaed meta, google, amazon and apple, microsoft as well. they are going to appear.nge do you want to see coming out of those hearings? >> these are the biggest corporations in the world. we've never seen corporations of this magnitude. apple alone is bigger than gross domestic product of most european countries. only germany, the uk, france have gdps bigger than apple, they have massive control and we are supposed to believe they need to be shielded from liability, this is absurd especially when you understand their twisted worldview and radical agenda, they are using their power and resources against americans. stuart: the supreme court justices seem to favor the tech giants in the case of social media companies being held accountable and liable. terrorist attack in a turkish nightclub in 2017, the justices say there is no evidence to link the platforms to the attack, therefore, don't know what the result of this will be, but no liability. what is your reaction to that? >> the supreme court cases, two of them, asking whether the antiterrorist act trumps the liabili

you have all this great google amazon and so and this is you attract a lot of intelligent people all over the world this is the good thing the bad thing is that you have this that this slots slots. yes. this is a big problem, of course. and another problem is that you have too much regulation regulation. i'm not a donald trump, to be honest, but some things he did good. so, for example, reduce taxes. this was good also for poor people and for black people. i think this was a good thing and some theories place. but on the other and it did some bad things like with protectionism so against free trade but i think i'm not a fan from biden and i'm not a fan from trump. i'm a big ronald reagan fan. and so once up there, my book is about ronald reagan and what i think america needs new ronald reagan. i don't know who it but i think this would crazy things in the moment you have a new ronald reagan i move from the united i move from germany to the united states. reiner seidelman has written 26 books, the most recent is the power of capitalism. a journey through recent history across continen

mark: look at the technology companies -- google, amazon, apple are some of the world's biggest advertisersey didn't start that way. we have learned that in the modern world differentiation is increasingly difficult to do based on technology or product feature alone. brands, what people think of a company, what they stand for, what they do really matters, and that is what we are trying to do through advertising. francine: what was the most difficult day in your job? do you remember that day? mark: probably the first day! [laughter] nothing but a pleasure to be a ceo of a public company. i had worked for wpp for some time. it was not a position i had expected to go into. our debt was too high. we are quite complicated as an organization. if i look back on that time just over 4 years ago, i'm proud. what we have done collectively as a team has been a collective effort. francine: your predecessor was sir martin sorrell, which was a challenge. mark: he had been at the company for a long time. i looked at where we were. one of the challenges was how do we integrate analog and digital? that is so

enough of an advocacy arm to ensure these tech companies -- by that i mean the largest ones, google, amazon, facebook, apple are held accountable. we were founded over a year ago to push for oversight. that includes antitrust reform. it includes pushing for accountability as far as information, and accountability as far as privacy rights. host: how are you funded? guest: we are granted funds from like-minded organizations. there are number on the website. we also take funding from small and midsized tech companies who share values for more competition. host: mr. szabo? guest: i am from an organization called net choice. we fight for free expression and free enterprise on the internet. our members include large businesses. some of the members my colleague just mentioned. also small ones. what we see our role as doing is to plow the field so they can compete on the merits. we actually prefer to let the free market decide and we have been doing that for about 20 years. our members come everyone at net choice.org, they are listed prominently on our website. what controls us are our guiding prin

google, amazon, apple, they're the world's biggest advertisers.y certainly didn't start that way. we have learned that in the modern world, differentiation is increasingly difficult. it is increasingly difficult to do just based on technology or product feature alone. brands are what people think of the company, what they stand for, what they do. that really matters. and i think that is what we are trying to do through advertising. francine: what was the most difficult day in your job? do you remember that day? mark: probably the first day. [laughter] nothing prepares you to be ceo of a public company. i worked for wpp for a long time. it was not a position that i expected to come into. the company had a few challenges when i started. we had grown. the debt was too high, we were quite complicated as an organization. and so, if i look back now on that time, just over four years ago, i am pretty proud of what we have all done collectively as a team. it really has been a collective effort. it is quite an interesting thing, i think. francine: your pre

been held since 2020, with the technology sector is now having a turbulent time with giants like google, amazonurcrowd, an online venture investing platform that has backed over 400 tech startups. thank you very much forjoining us on the programme, john, it is good to see you.— is good to see you. great to see yom — in israel, you're down a little over 40% from 2021 to 2022 in terms of dollars invested. what level of permanenet damage do you think might have been done to the tech ecosystem as a result? none at all. the reality is that 2021 was an outlier, an extraordinary year. the fact that last year there was over $15 billion invested in israeli tag is a great thing. you have to take a long—term view of theirs. ten years ago, and we are celebrating their tenth anniversary of 0urcrowd, they were only $2 billion invested in israeli tag, we have now grown to 15,000,000,020 22, this years after a great start. the world in general, it is not just israel, has gone down in terms of tech, following nasdaq and other world markets, but i'm very optimistic. you and other world markets, but i'm very opti

the read-throughs from microsoft are more material, more germane than what you will hear from google or amazondid not tell you that the ad market is recovering. maybe they suggested stabilizing but not recovering softening trends at google and amazon the big hint to the cfos, last night meta management mentioned the word efficiency in their earnings call. mention it 29 times if you want your stock to go up. >> used to go you just had to mention the metaverse. that doesn't do the trick anymore. it didn't work for meta. thank you very much, mark mahaney. good to talk to you on some of the recent actions ahead of the reports. >>> disney fighting back this afternoon against the latest challenge from activist investors nelson peltz, calling to replace michael froman who has been in the position since 2018 disney slamming peltz this afternoon writing in part, quote, over more than six months of engagement with mr. peltz, in both conversations and written materials, he has demonstrated that he does not understand disney's business and he lacks the perspective and experience to contribute to the objec

it's available for apple tv, google tv, amazon fire tv and roku. download the app right now and start streaming. ama: thank you so much for watching. i'm ama daetz. dan: and i'm done ashley paugh we appreciate your time. on jimmy kimmel, reese witherspoon. ama: good night. ♪ with golo, i've lost 13 inches in my waist. they're outta here. you eat normal food. you're not eating diet food. i'm doing something good for me finally. (announcer) go to golo.com to lose weight and get healthier. life we're going to have hope. we're back with a new look at the recent flooding in new zealand. that bus driver wasn't letting all that water get in the way heavy flooding is submerging cars and trucks, shutting down rail lines and triggering several landslides. a state of emergency in auckland has been extended for at least another week after forecasters predict more downpours. we're also learning new details about that california boy attacked by a mountain lion, it turns out the brave person who saved him as someone who knows very well. this morning, a mother in

newscasts live and on-demand through the abc 7 bay area connected tv app, available for apple tv, google tv, amazon tire tv, and roku. start streaming. thank you for watching. dan: for all of us, we appreciate your time. ama: have a great night. is very exciting, celebrity jeopardy season finale tonight on abc. back now, with a brawl that broke out during the middle school boys basketball game in vermont police say a 60 year old man involved in the fight later died at a hospital. one witness says it all started after some comments were made to the ref in autopsy will determine the cause of the man's death. multiple law enforcement agencies are now investigating. and police in oregon now, say benjamin faster , the man accused of torturing and attempted murder likely killed two people before turning a gun on himself. a bcs reena roy has details. in urgent manhunt coming to an end in oregon, police say benjamin foster, accused of attempted murder and now murder died of a self inflicted gunshot wound after a stand up with officers. police finding foster at a crime scene in grants pass on tuesday , wher

wasn't anything special to speak of meta revenue declined 4% and i think the expectations on google and amazon are also quite soft across the board then it becomes, how do they communicate? meta guides explicitly with hard quants we don't get that at places like google what can they say to show investors they're moving in the same direction and perhaps allow us to size the impact of the efficiencies take their head count for reductions all they did is offset the number of folks they hired last quarter. commentary around a hard hiring freeze could go a long way commentary around cloud moving towards profitability. when do we get there i think these are the data point says investors will be looking for. >> so, meta has the big metaverse ambitions, reality labs it's pouring money into do you think microsoft makes hard choices we know some investors have been asking for that. >> i think we've heard news flow coming out of their other bets, divisions around layoffs, head count reduction there. i do expect some commentary on potential further discipline on continued investment level on some of these

not ten multiple on that i think no matter what google says, what amazon says, they may tick down. >> so, bryn, we're going to slip in a break after bryn. we haven't even had a chance to hear from you yet, bryn. >> yes, i think first of all the fed green lit the growth stocks. some of them deserve to be here and some of them don't snap was up 10%. bad, bath and beyond up 30%. i think facebook is a really unique story i owned it for a minute and couldn't take -- i thought because of brad's note he got pragmatism into his business i think multiples do matter. i still believe that you're going to have dispersion not now but throughout the year. i think tesla was too cheap. facebook was too cheap stocks like snap or the low growth, no multiple stocks will go back down this is not just going to be a rising tide i don't think for tech and you want to be discerning and buy companies that have the ability to have margins, that have leverage in their balance sheet and not just play that fomo trade we've earned a year of return in the first month and one day of the year >> let's slip in a break

show me the premarket action, please, in apple, amazon and google. they came in with disappointing earnings late yesterday. they're all down this morning but not as much as they were say an hour ago. but the nasdaq the is really taking it on the chin it's down, as we said, nearly 250 points. all right. the leading nonfinancial story this morning is that the chinese spy balloon hovering over mark's long-range miss missile site in montana. the pentagon considered shooting it down but decided not to because of the risk from debris. it's a provocation coming right before secretary of state blinken's visit to china. by the way, the chinese call it a weather balloon. in congress an explosion of anger from the squad after ilhan omar was voted off the foreign relations committee. "the new york times" says it's political revenge. the republicans say she's off the committee because of her anti-semitic statements. on the show today, a giant indian conglomerate is accused of fraud, stock manipulation and money laundering. he's lost $50 billion this week, and he'

jim jordan is with us, sent out the subpoenas -- google, amazon, apple, meta, microsoft, what are younted to be transparent just like twitter was. the most important right we have as american citizens under the first amendment is our right to speak. are right to communicate in political fashion and not be harassed for doing so. you can't share your faith, you can't practice your faith you can petition your government, its most fundamental liberty we have and we believe based on what we learned from the twitter files, we believe all these big tech companies working with big government to suppress free speech, to suppress americans right to communicate and to communicate on these platforms which are now in essence the public square. that's what we want to know. who were you talking with, who was meeting with these tech platforms and how was this suppression done? that's what we believe happened, we are looking for the evidence and looking for these communications. >> sean: specifically you want communications between the companies in the executive branch, you want internal company commu

you look at google, amazon, microsoft, they all fit that bill. neil: got it.seeing you, ray. thank you. ray wang. >> take care. neil: all right. we have a lot of great guests on this show. one of my favorite, jon taffer will join us. what i love about jon, he has a gruff exterior. i can tell you he is a mush. i mean that only in the kindest way. he cares. he has never forgotten restaurant owners, dives, their business is back. that can be a curse of another riches here. he has advice, actually for all of us. mr. "bar rescue" himself is here after this. ♪. i'm so glad we did this. i'm so glad we did this. i'm so glad we did this. i'm so glad we did this. i'm so... ...glad we did this. [kid plays drums] life is for living. let's partner for all of it. i'm so glad we did this. edward jones ♪ if you walmart, you know ♪ that with everyday low prices you can spend a little less, to get a little more, to make life a little better. if your business kept on employees through the pandemic, getrefunds.com can see if it may qualify for a payroll tax refund of up to $26,00

this hour, get 'em up on the screen, three names also reporting last night, amazon, starbucks, google. amazon's down 8.8%, google lower by 3.5%, starbucks down more than 4%. for various reasons and various misses, but amazon's taking an i don't want sized hit after reporting a slowdown in both its shopping and cloud computing business. we got no slowdown, though the, in job creation for the nation. employers went on a hiring spree last month, blowing away all estimates by adding 517,000 non-farm payrolls. wall street was looking for anywhere from 185,000-300,000. that was citi, and they were considered the outlier, and they got beat by more than 200,000. unbelievable. unemployment cropped to 3.4% -- dropped to 3.4%. so at the moment the estimate was 3.6%. when unemployment drops, that's a good sign, right, if you're looking at the jobs world. this is the lowest rate since the who released "tommy." yes. and mario andretti won the indy 500. that would be may of 1969. why would 500,000 jobs be seen as a negative for the stock market with the dow down 227? because it only bolsters what federal rese

google, amazon, on a hiring spree.n musk countering balance, like old jack welch, hire slowly, fire fast, fire a lot. i think what he needs to do to turn twitter around. i wish the stock was publicly-traded again as much cheaper valuation. these moves would be applauded in the public markets. neil: another thing, you look at percentages,0% from those highs have been laid off and we have seen layoffs in the tech sector have been rampant but relatively small. can you imagine if they got anything approaching that magnitude? does that indicate other tech companies will look at each other, say, you know, some of our layoffs have been relatively tame? >> yeah. i think you're hitting the nail on the head, neil. look across the board, usually about five to 10% of the workforce has been laid off in tech. for me that is prudent management as we come into a tougher cycle for tech, higher interest rate environment. i want to see them doing those things. microsoft laying off 10 to 12,000 employees. those are good things from shareh

it is available for apple tv, google tv, amazon fire tv, and roku. writer/director and i'm still working. in the kind of work that i do, you are surrounded by people who are all younger than you. i had to get help somewhere along the line to stay competitive. i discovered prevagen. i started taking it and after a period of time, my memory improved. it was a game-changer for me. prevagen. at stores everywhere without a prescription. when i was his age, it was a game-changer for me. we had to be inside to watch live sports. but with xfinity, we get the fastest mobile service and can stream down the street or around the block! hey, can you be less sister, more car? all right, let's get this over with. switch to xfinity mobile and get the best price for 2 lines of unlimited. just $30 a line per month. i should get paid more for this. you get paid when you win. from xfinity. home of the 10g network. liz: sharks fans from all over poured into the center in san jose, the man known as mr. shark. chris alvarez recap the historic event for patrick marleau and

amazon, i can find deodorant or shampoo somewhere else. i talk about the durability of the googlerea jon: great perspective as always, thank you so much a preview of the amazon and alphabet story. a lot is on deck tonight but coming up, we seen a solid year for commodity traders with goldman sachs, your were profit for the firm was under pressure we will talk how specifically that part of the business did next. this is bloomberg. ♪ jon: this is bloomberg markets. time for today's for what it's worth. $3 billion is how much revenue commodity traders at goldman sachs generated last year according to our sources. russia's invasion of ukraine was one of the geopolitical factors that fueled activity and energy, metals and agriculture in 2022 and that big number is a reminder that goldman sachs has been a heavy weight commodities trading. kriti: they are leading the call in commodities. jeff curry the head of commodities research is very vocal about that. how far away are we from jeff curry's prediction coming true when we look at rent crude and 83 handle and nymex at 76 and $100 oil no

composite you would think with the news we got after the closing bell yesterday from apple and google and amazondisappointed in their own ways here, that we were going to have a shellacking in those shares. now look at the employment report today that showed 517,000 jobs added to the economy of 3.4 % unemployment rate, but there must be something here that is propelling these guys now, because that tech rally continues unabated. dan geltrude with us, john lonski through the cycle founder much more. dan, what is going on here? technology is doing just fine, thank you. >> well, i think everybody knew that they were going to miss earnings. so was that really going to be a surprise to anybody? no. i think what we're seeing now in these stocks ballooning a bit is -- neil: i see what you did there. >> pretty good, right? neil: no hot air. >> i think what we're seeing now is are those reports of all these jobs, neil, is that bad news? no, it's not. perhaps we're moving towards fixing supply chains, getting people back to work. neil: so that's our soft landing >> exactly. neil: wall street might be cele

later today apple, amazon, google, all three of them report, and all three are moving higher in premarket trading. i wonder if they'll announce a buyback? popular with investors, hated by the left. no surprise, the nasdaq is powering ahead this morning. that's big tech's stomping ground. the nasdaq at the moment is up 240 points, almost 2% again. s&p up nearly 1%, and the dow just a fraction higher. here's more help for big tech, interest rates are falling after the fed talked about inflation improving. the 10-year treasury yield all the way down to #.35 -- 3.35%, that's a big drop can. the 2-year just above 4%. interest rates down. of politics. at the first hearing on the border crisis, jim jordan pulled no punches. he says biden's border crisis is intentional. texas senator ted cruz joins us shortly on that. there will be a vote today on whether representative ilhan omar stays on the house foreign affairs committee. she has compared america to terror groups like the taliban. she's also been accused of anti-semitism. the vote is today. on the show later, the university of north carolina

it's available for google tv. amazon fire. and roku as well.d the app right now and start streaming. ama: i'm ama daetz. dan: and i'm dan ashley right now on jimmy kimmel, lionel ritchie and katy perry. ama: good night. >> lou: from hollywood, it's "jimmy kimmel live!" tonight, "american idol" judges katy perry and lionel richie. mike epps. and music from beck. with cleto and the cletones. and now, jimmy kimmel! [ cheers and applause ] ♪ >> jimmy: thank you. very nice. thank you. hi, everybody. hi, i'm jimmy, i'm the host of the show. thanks for watching. thanks for joining us here in hollywood where -- [ cheers and applause ] i have to say, i know there's -- i know there's

newscasts live and on-demand through the abc 7 bay area connected tv app, available for apple tv, google tv, amazone tv, and roku. start streaming. thank you for watching. dan: for all of us, we appreciate your time. ama: have a great night.

to show hiring was solid in january despite high profile layoffs at companies like microsoft, google and amazon. employers have added at least 200,000 for 24 straight months, but that streak is expected to have ended last month. a trio of tech giants could cast a shadow over the market. apple reporting it's first drop in quarterly revenue since 2019, the new iphone couldn't boost sales enough and apple was hit by supply chain problems in trouble. google posting its first lower revenue since the pandemic. they have competition from ai bots like chat gpc. a strong black friday weekend, but growth in the aws computing business is slowing. starbucks rewards members can may with venmo. paypal says customers can use their accounts and add your venmo account in the starbucks app and play directly. the companies are running a promotion through february 10th. rewards members will get stars by adding $1,500 from venmo from their cards. >> good news. >> cheers. >> thank you. >>> federal investigators are try to go get to the bottom of a mystery this morning. a suspected chinese spy balloon seen hovering o

it's available for apple tv, google tv, amazon fire tv, roku, got you covered all over.d the app and start streaming. streaming. meet apartment 2a, 2b and 2c. streaming. 2a's monitoring his money with a simple text. like what you see abe? yes! 2b's covered with zero overdraft fees when he overdraws his account by fifty bucks or less. and 2c, well, she's not going to let a lost card get her stressed. am i right? that's right. that's because these neighbors all have chase. alerts that help check. tools that help protect. one bank that puts you in control. chase. make more of what's yours. zach: welcome back. in sports, there was an unexpected turn for the warriors in the season filled with distractions. abc 7 sports director larry bei has this morning's sports. larry: good morning. gary payton the was back in the second warriors facility yesterday. all seemed right with the world until he failed the physical. now the doves have decisions to make. go through or hate reverse. payton had off-season surgery from an abdominal injury and did not play from portland until last mon

our newscasts live and on-demand through the bay area connected tv app available for apple tv, google tv, amazonire tv, and roku. ama: thank you for watching. dan: for spencer christian and larry beil and all of us here, we appreciate your time. ama: have a great night. >> lou: from hollywood, it's "jimmy kimmel live!" tonight, salma hayek pinault, billy crudup, and music from justine skye, with cleto and the cletones. and now, jimmy kimmel! ♪ [ cheering and applause ] >> jimmy: welcome. thanks. that's very nice. hi, i'm jimmy. i'm the host of the show. and i thank you for watching and for joining us. i don't know, i spent the whole day watching football yesterday. you know, the matchup for super bowl lvii is set.

newscasts live and on-demand through the abc 7 bay area connected tv app, available for apple tv, google tv, amazone tv, and roku. start streaming. thank you for watching. dan: for all of us, we appreciate your time. ama: have a great night. >> lou: from hollywood, it's "jimmy kimmel live"! tonight, nick offerman. kerry condon. and music from sofia carson and diane warren. with cleto and the cletones. and now, jimmy kimmel! [ cheers and applause ] ♪ >> jimmy: thank you, thank you. welcome. thank you. welcome. thank you, cleto. hi, everyone, i'm jimmy, i'm the host of the show. thank you for watching at home. thank you for joining us on the first day of february. it's

know, if we think about each of the companies that you mentioned or sort of in the book, google, facebook, amazon and apple, and we think about free speech for in the cases of google and facebook, i think people wouldn't understand, you know, facebook there's a lot of speech on facebook, google owned youtube. and so there's a tremendous amount of speech happening on youtube. but to connect to that idea of the marketplace ideas to the free market, let's talk about amazon and apple for a minute. what you see as the competition with amazon and does that relate to excuse me, the competition problem with amazon and how does that relate to free speech? sure. so amazon obviously has amazon videos and there have been, as i point out in the book, a number of examples where amazon took videos off during certain time periods because it didn't fit with their narrative and the idea that amazon is acting in a way in terms of retailing, i give an example of their predatory pricing with another product. i think it was the diaper market and how the their their actions in the market in the business marketplace, th

google, amazon, those people are sucking up all of the supporting money. from an economic point of view, it is very difficult to run a magazine. but as i say, i don't feel myself qualified to talk in any depth about the future of magazines per se. host: nikki, palm harbor, florida, please go ahead with your question or comment for lance morrow. caller: thank you. first off, your opinion of senator joe mccarthy then and now, and second, your thoughts only warren report. thank you. lance: joe mccarthy. i would see him in the senate when i was 13 years old and i would ride up and down the elevators with him. he smelled of whiskey. i think the first thing that needed to be noted about joe mccarthy was that he really was an alcoholic. that was a primary fact about him. he was not entirely wrong in what he said about communism, and there was proof of it in the decryption's that came out later about communist infiltration in american life. he was terribly reckless. whittaker chambers, for example, had a very low opinion of mccarthy and said he was very bad for co