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Sep 30, 2015
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twitter reportedly named jack dorsey as its full-time ceo. johnson. this is "bloomberg west." model x hits the streets, but that company, can it hit sales targets? rave reviews, but does it matter. ? a reversal of fortune for alibaba. with a fourth straight monthly decline. now to the lead. meet the new boss. the same as the old boss. jack dorsey as the permanent ceo, according to recode. twitter stock spiked immediately. that helso reported will continue to run square, the company he founded where he is still ceo. dick costolo's the parter is in the cards. has been in that midst of a high-profile ceo search. reported that they reached out to many leaders , but none took the ceo job. ellen teaches corporate berkeley. in womack, working the story. this-- i don't know if should be a shocker that the guy sitting in the chair is still sitting in the chair and will stay in the chair. >> this is according to recode. if this does happen, it's not something you see every day. two major companies being led by the same person. definitely raising a lot of eyebrows. on another level, we h
twitter reportedly named jack dorsey as its full-time ceo. johnson. this is "bloomberg west." model x hits the streets, but that company, can it hit sales targets? rave reviews, but does it matter. ? a reversal of fortune for alibaba. with a fourth straight monthly decline. now to the lead. meet the new boss. the same as the old boss. jack dorsey as the permanent ceo, according to recode. twitter stock spiked immediately. that helso reported will continue to run square, the company he...
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Sep 3, 2015
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emily: you don't think jack dorsey can do both. guest: i think it is hard to be ceo of one public company. emily: if he did not have square with jack be your pick? guest: i can't imagine him giving up on square. emily: we talked about the problems facing twitter, trying to turn this into a mainstream product. what are you hearing? what direction should they go? guest: i agree, when you look at the progress they are going through they need to get the best candidate and need to take their time. it makes you wonder if the fact that jack dorsey is showing interest in the role, and trying to figure out his role with square and twitter, is that paralyzing the process? does he need to bring clarity to say i am in and this is the way i would be in, which is impossible to believe based on the idea at square, or does he need to bow out? i believe that the letter is the better option for twitter and they need to focus on their next chapter. it is not a chapter with jack in charge. emily: twitter has said many times, this is a real surge. we ar
emily: you don't think jack dorsey can do both. guest: i think it is hard to be ceo of one public company. emily: if he did not have square with jack be your pick? guest: i can't imagine him giving up on square. emily: we talked about the problems facing twitter, trying to turn this into a mainstream product. what are you hearing? what direction should they go? guest: i agree, when you look at the progress they are going through they need to get the best candidate and need to take their time....
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Sep 3, 2015
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clearly a lot of change needs to take place at twitter and jack dorsey has those credentials. perhaps it is wishful thinking but i think he is on the short list. investorsestment -- want jack but you can only have one full-time ceo job. it has been done before. steve jobs did it. he was more than human. what do you think about jack dorsey's decision here? guest: i think it will be tough especially as square prepares for its ipo. twitter does need to go through a lot of changes. and growth is flagging engagement is flagging but there is so much potential in this platform if they focus on their ecosystem and focus on tweaking the product to make it more user friendly, it could be a huge success. that points directly at jack in terms of his leadership ability, but there is the chip on the shoulderhip on the which will make it difficult to concentrate. you onhow bullish are the future of twitter given that user growth has been lagging. been pretty -- i would agree with the real-time information. that's the longer-term perspective. i think where the rubber meets the road is that twi
clearly a lot of change needs to take place at twitter and jack dorsey has those credentials. perhaps it is wishful thinking but i think he is on the short list. investorsestment -- want jack but you can only have one full-time ceo job. it has been done before. steve jobs did it. he was more than human. what do you think about jack dorsey's decision here? guest: i think it will be tough especially as square prepares for its ipo. twitter does need to go through a lot of changes. and growth is...
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Sep 11, 2015
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emily: mike, do you think jack dorsey can do both jobs?ike: jack dorsey is an exceptional executive, a man of incredible work ethic. if you have ever worked for a startup or growth stage company, there are folks who are just 10x in their ability to lead. have deep product inside that nobody else can have. it is clear from folks i have spoken with that jack dorsey has that ability. he is a rare breed of executive. given his work ethic and deep product inside that is so far beyond the average leadership executive, i am optimistic he could do both jobs were that necessary. and i think that for square, square has a really good set of other executives who could run that business, but i believe jack is a product visionary and it is important that you continue to lead square. -- that he continues to lead square. emily: i think you are in the minority there. many experts i have in speaking to don't think it's a good idea for him to do both jobs. we will have to see. thank you both. now, a stock we are watching -- paulo alto network shares jumping
emily: mike, do you think jack dorsey can do both jobs?ike: jack dorsey is an exceptional executive, a man of incredible work ethic. if you have ever worked for a startup or growth stage company, there are folks who are just 10x in their ability to lead. have deep product inside that nobody else can have. it is clear from folks i have spoken with that jack dorsey has that ability. he is a rare breed of executive. given his work ethic and deep product inside that is so far beyond the average...
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Sep 4, 2015
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clearly, a lot of change needs to take place at twitter and jack dorsey has those credentials. rhaps it is wishful thinking, but i do think he is on the short list. emily: investors one jack, but management 101 says you can only have one full-time ceo job. but look -- it has been done before. steve jobs did it. he was more than human, though. what do you think about jack dorsey's decision here? guest: i think it will be tough road to be ceo of both of these companies at the same time, especially if square prepares for its ipo. i think that twitter does need to go through a lot of changes. user growth is flagging and stock price is flagging and engagement is flagging, but i think there is so much potential in this platform if they focus on their ecosystem and focus on tweaking the product to make it more user-friendly, to reveal some of the value in all that data could be a huge success. that points directly at jack in terms of his skill set and leadership abilities, but there is the chip on the shoulder of having another full-time job , which will make it difficult to concentrat
clearly, a lot of change needs to take place at twitter and jack dorsey has those credentials. rhaps it is wishful thinking, but i do think he is on the short list. emily: investors one jack, but management 101 says you can only have one full-time ceo job. but look -- it has been done before. steve jobs did it. he was more than human, though. what do you think about jack dorsey's decision here? guest: i think it will be tough road to be ceo of both of these companies at the same time,...
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Sep 4, 2015
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obviously jack dorsey has been having his on-the-job training.running the company like he's going to run it. so we'll see. >> just to be clear, you believe there was no decision yesterday. it's not like they decided and now they're just waiting on how to announce it? >> no. i think they're trying to do, you know it's interesting, it's pressure on them and the stock is down. i'm not sure what the pressure is at this point. you know they've got a lot of things going on. i have been very hrd, i like the twitter board, but this is an important decision, so they should take time to pick the right ceo unless they're going to do something like sell it they deserve a little more time to make sure that the internal candidates are the right one. the top one of which is jack dorsey. >> it's a tough job to pick the right person. >> i think if they don't get a star, which they're not getting or one name that was out there, i suspect jack dorsey is the one to beat in this race. >> kara, there don't seem to have been a lot of realistic names floated that are ac
obviously jack dorsey has been having his on-the-job training.running the company like he's going to run it. so we'll see. >> just to be clear, you believe there was no decision yesterday. it's not like they decided and now they're just waiting on how to announce it? >> no. i think they're trying to do, you know it's interesting, it's pressure on them and the stock is down. i'm not sure what the pressure is at this point. you know they've got a lot of things going on. i have been...
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Sep 30, 2015
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twitter could announce as early as tomorrow that jack dorsey is its new permanent ceo. my source has been telling me for months that dorsey is the lead contender. insider say he has the best product experience and vision, which is, of course, key to turning the company around and revving up user growth. dorsey also runs square, which started the confidential process of filing for an ipo. twitter's board said it was only interested in candidates who were in a position to make a full-time commitment to twitter, which seemed to rule out dorsey, because he has made it clear he is committed also to square. but with twitter stock hitting an all-time low in august, the pressure to name a ceo who could implement major product changes asap seems to be more important than having a ceo who isn't also running another company. run question is whether adam bane gets an elevated title. chief operating officer is likely. we can also expect some changes on the board. at very least, dick costolo is expected to leave, if not now, then soon. early investor chris sacka has been advocating fo
twitter could announce as early as tomorrow that jack dorsey is its new permanent ceo. my source has been telling me for months that dorsey is the lead contender. insider say he has the best product experience and vision, which is, of course, key to turning the company around and revving up user growth. dorsey also runs square, which started the confidential process of filing for an ipo. twitter's board said it was only interested in candidates who were in a position to make a full-time...
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Sep 10, 2015
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do you think jack dorsey can do both jobs? mike: jack dorsey is an exceptional executive, a man incredible work ethic. if you have ever worked for a aretup, there are folks who .0 x in their ability to lead it is clear from folks i have woken with that jack dorsey has that ability. he is a rare breed of executive. given his work ethic and deep , i am optimistic he could do both jobs were that necessary. has a reallyquare good set of other executives who could run the business, but i jack is a product visionary and i think it is important he continues to lead square. think you are in the minority there. many experts i have in speaking to don't think it's a good idea for him to do both jobs. thank you both. --, a stock we are watching palo alto networks dropping after results from the software security company -- another security software watching -- shares rising on the back of that were cast. we caught up with the true point ceo about the next generation of cyber security. isthe biggest factor of risk e-mail. that's where hack
do you think jack dorsey can do both jobs? mike: jack dorsey is an exceptional executive, a man incredible work ethic. if you have ever worked for a aretup, there are folks who .0 x in their ability to lead it is clear from folks i have woken with that jack dorsey has that ability. he is a rare breed of executive. given his work ethic and deep , i am optimistic he could do both jobs were that necessary. has a reallyquare good set of other executives who could run the business, but i jack is a...
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Sep 3, 2015
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jack dorsey is a leading but he isfor this job the ceo of square.oard as our to come out saying they want someone who can make the ceo job a full-time job. many investors have said they don't think anyone can do both of these jobs well. the other thing we learned is that the twitter search committee has reached out to outside candidates. spencer stuart has contacted some outsiders. hearing is that many of these outside characters don't think they are being seriously considered because jack dorsey is the ultimate leading candidate. revenue, and chris socko and others seem to think and somethinger remained in the top job. jack dorsey remains as ceo and adam could be promoted to president. we watch the meeting coming out of twitter's board tomorrow in san francisco and bringing you any details as we have them stop. rishaad: emily chang and separatist go. let's get you back to beijing will stop these images part of an error display -- part of an error display taking -- air display taking place. and a refueling demonstration. that is it for "trending bus
jack dorsey is a leading but he isfor this job the ceo of square.oard as our to come out saying they want someone who can make the ceo job a full-time job. many investors have said they don't think anyone can do both of these jobs well. the other thing we learned is that the twitter search committee has reached out to outside candidates. spencer stuart has contacted some outsiders. hearing is that many of these outside characters don't think they are being seriously considered because jack...
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Sep 2, 2015
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jack dorsey is a leading candidate for the job.is and trim ceo of twitter now but he is the ceo of square. square has filed to go public. that is a hugely complicating factor. they want someone to make the twitter ceo job a full-time job. many investors do not think anybody can do both of these jobs well. learned, thing we have the twitter search committee has been reaching out to outside candidates. what we are hearing is many of these candidates don't even think they are being seriously considered become jack dorsey is the leading candidate. another top candidate is the head of revenue. , a later stage twitter investor, the founder of this company, the cofounder jack dorsey should remain in the top job as long as he can work it out with evan williams. evan williams will take an executive chairman position. adam they will be promoted to president. meetingwatch the tomorrow. and bring you any details as we have them. coming up next, a political protest and plunging currency. been making headlines for the wrong reasons. we will be l
jack dorsey is a leading candidate for the job.is and trim ceo of twitter now but he is the ceo of square. square has filed to go public. that is a hugely complicating factor. they want someone to make the twitter ceo job a full-time job. many investors do not think anybody can do both of these jobs well. learned, thing we have the twitter search committee has been reaching out to outside candidates. what we are hearing is many of these candidates don't even think they are being seriously...
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Sep 30, 2015
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twitter has selected jack dorsey as permanent ceo, according to recode.he job onbeen doing an interim basis for three months. dorsey will continue with square, where he is also ceo. joe: on the subject of new ceo, porsche appointed oliver bloom. the production chief will take over october 1. the management shuffle follows revelations of an admission-cheating scandal. -- emission cheating scandal. 78-20 tally and artist -- endorsed an approach, house republicans want to use the must-pass measure to defund planned parenthood. those are some of your top headlines. joe: we are back with george from wells fargo. one of the things we are looking companiesen angels, that are not junk, but could be. where are we with this? what we looking for? >> the credit cycle seems to have read -- have turned. updates in terms of credit ratings. the mountain of debt sits at a cusp of investment-grade in high-yield has been on growing as downgrades come through. we talked about energy, materials, and those sectors have come under pressure. you've got somewhere between $150 bil
twitter has selected jack dorsey as permanent ceo, according to recode.he job onbeen doing an interim basis for three months. dorsey will continue with square, where he is also ceo. joe: on the subject of new ceo, porsche appointed oliver bloom. the production chief will take over october 1. the management shuffle follows revelations of an admission-cheating scandal. -- emission cheating scandal. 78-20 tally and artist -- endorsed an approach, house republicans want to use the must-pass measure...
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Sep 30, 2015
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bob, great to have you here. >> thanks for having me. >> you did believe that jack dorsey would be the permanent ceo and you're like i said this already. i want to get to the board in a minute. with dorsey, he's been involved with twitter for a long time now and for a smaller amount of time as interim ceo. >> right. >> he could have done a lot more things, right? >> uh-huh. >> so do we have a sense of what he may not end up doing because he's already been there essentially? >> there is a couple of things. we backed jack, because we think he has the executive support. we think that for the employees, he's a rallying point and they rally around him. externally, we saw publicly shareholders come out and support jack. and he has support by the industry. so we like all three of the factions support him. and what i think is interesting since he's taken over since july, you've already seen his fingerprints on the company. faster roll out. and universal links the other day. the buy button today and the project lightning coming. and you see this tempo increase underneath him and they need to gr
bob, great to have you here. >> thanks for having me. >> you did believe that jack dorsey would be the permanent ceo and you're like i said this already. i want to get to the board in a minute. with dorsey, he's been involved with twitter for a long time now and for a smaller amount of time as interim ceo. >> right. >> he could have done a lot more things, right? >> uh-huh. >> so do we have a sense of what he may not end up doing because he's already been...
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Sep 11, 2015
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chris sacca taking to twitter to tweet about twitter and its ceo search and voiced support for jack dorsey is time for the board to formalize the obvious, he tweeted, making jack the ceo and let everyone get back to focus ing on making twitter better than ever. the market knows that jack has such strong teams that he can run both companies. jack dorsey has full support of the key suppliers -- of the key players at twitter. earlier on studio 1.0, i asked sacca if he was becoming an activist investor, which he deflected, but he explained why he wants to fix twitter. >> i have been invested since anyone can be invested. there are more than a billion people who have tried it and not stuck around. twitter needs to be easier and more exciting and less intimidating for all those people. emily: turning now to china. xi jinping's first state visit to the united states is scheduled later this month. the president will be attending a tech summit in seattle, organized by the chinese government. here is what we know. bloomberg has confirmed that alibaba founder jack ma will be there. uber has been invi
chris sacca taking to twitter to tweet about twitter and its ceo search and voiced support for jack dorsey is time for the board to formalize the obvious, he tweeted, making jack the ceo and let everyone get back to focus ing on making twitter better than ever. the market knows that jack has such strong teams that he can run both companies. jack dorsey has full support of the key suppliers -- of the key players at twitter. earlier on studio 1.0, i asked sacca if he was becoming an activist...
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Sep 3, 2015
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according to our reporting, jack dorsey emerging as the front runner.rd has spoken to a few candidates but it seems jack dorsey is the only real name that seems to be a real option at this point. the huge complicating factor is the fact that he is still the ceo of square and square has filed to go public, and there is no indication he believe square any time soon and the search committee has said they want someone who can make this a full-time job. we still don't know how they will get around that, if in fact he is the front runner for the job. alix: we did see twitter restructured today for the product team. what does that mean and what will he bring? emily: twitter has not been immune to changes at the top. we have seen turnover after turnover in the product division. he is responsible for building up the developer product, which is called fabric. he will run the consumer product, which jack dorsey has already said needs a lot of work . that means the current senior vice president for all of product can take a bit of a step back from day to day and wo
according to our reporting, jack dorsey emerging as the front runner.rd has spoken to a few candidates but it seems jack dorsey is the only real name that seems to be a real option at this point. the huge complicating factor is the fact that he is still the ceo of square and square has filed to go public, and there is no indication he believe square any time soon and the search committee has said they want someone who can make this a full-time job. we still don't know how they will get around...
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it's been pretty much within a very tight range ever since jack dorsey had been thought of as the potentialssor to costello. should wall street be more excited or is this sort of tempered response to dorsey being named, is that appropriate? >> sure, thanks. obviously i think that there's still a lot of caution out there. there's just so many unknowns that are happening with twitter, but dorsey coming in i think is the first sign of confidence coming back into the story. there's been a lot of reporting on dorsey increasingly likely to come on board as the permanent ceo. so i think that was starting to get digested already. the question really remains is, is a dual ceo role at this time the right thing for twitter. we put out a note questioning if that's the right thing at this stage of the company. as far as who is coming into the helm at this time, you need a product guy and a founder status like dorsey can bring in the kind of magnitude of changes that a nonfounder cannot bring. >> so a lot of unknowns about dorsey and what he plans to do. in terms of adam bain s there a risk the company l
it's been pretty much within a very tight range ever since jack dorsey had been thought of as the potentialssor to costello. should wall street be more excited or is this sort of tempered response to dorsey being named, is that appropriate? >> sure, thanks. obviously i think that there's still a lot of caution out there. there's just so many unknowns that are happening with twitter, but dorsey coming in i think is the first sign of confidence coming back into the story. there's been a lot...
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jack dorsey expected to be named as twitter ceo tomorrow. rving as interim ceo the past three months. he's also the ceo at square. china may have banned facebook but facebook operating officer sheryl sandberg says the social network still manages to maintain a thriving business thereby selling ads to chinese companies. sandberg spoke at advertising week in new york. she was asked how long before the chinese been will be lifted. >> we don't know at all. we have been clear that our mission is to connect the world and a lot of people in the world live in china. any kind of timeline, we don't know. alix: there are an estimated 600 inlion users of the internet china. the federal reserve has approved the long-delayed margin between m&t bank and houston city bancorp, a deal repeatedly stalled. it was first announced more than three years ago. the founder of the world's biggest distressed asset firm said the firm is a bit gun-shy. [inaudible] they keep saying -- they lead somehow or other through sign language, they leave the commentators to believe
jack dorsey expected to be named as twitter ceo tomorrow. rving as interim ceo the past three months. he's also the ceo at square. china may have banned facebook but facebook operating officer sheryl sandberg says the social network still manages to maintain a thriving business thereby selling ads to chinese companies. sandberg spoke at advertising week in new york. she was asked how long before the chinese been will be lifted. >> we don't know at all. we have been clear that our mission...
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Sep 2, 2015
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if jack dorsey is the leading candidate, they will have to work the issues out. he board will cycle back on what they said initially, or? make it difficult choice. alix: -- or jack will make a difficult choice. alix: someone will have to monetize twitter and get ad revenue in. do we have a timeline? emily: look, tomorrow they are meeting. there is a chance we could hear something tomorrow or shortly thereafter. other sources a real, in-depth search processes could take four months,e to and that puts us into november, december, but analysts are getting impatient, and it could happen before then. alix: thank you so much. emily chang. later, emily will be joined by rapper ludicrous. do not forget to tune in. much more ahead on the bloomberg market day. we are looking at markets pick up into the close. the dow up hundred 20, right around the highs of the session. we are breaking down the technicals -- up 220, right around the highs of the session. we are breaking down the technicals after this break. ♪ alix: we are minutes away from the close and stocks are bouncing b
if jack dorsey is the leading candidate, they will have to work the issues out. he board will cycle back on what they said initially, or? make it difficult choice. alix: -- or jack will make a difficult choice. alix: someone will have to monetize twitter and get ad revenue in. do we have a timeline? emily: look, tomorrow they are meeting. there is a chance we could hear something tomorrow or shortly thereafter. other sources a real, in-depth search processes could take four months,e to and that...
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he was, jack dorsey. i apologize. thinking of tom dorsey the stock strayed trader. jack dorsey came back as founder. twitter's stock is up 3 1/2% on that news. they like it. trish, take it to you now. trish: thanks so much, neil. breaking everyone, secretary of defense ash carter is about to speak at the pentagon. he will address serious unexpected move by russia. vladmir putin launching a series of airstrikes against anti-assad forces in syria. president obama who just met with vladmir putin less than 48 hours agnew nothing about it. welcome to "the intelligence report." i'm trish regan. the russian government insists it is trying to take out isis. sources in the intelligence community saying vladmir putin is not hitting isis with these attacks. he is hitting anti-assad forces which indicates this is about one thing and one thing only. vladmir putin keeping his ally, a dictator, who is murdering his own people. this is all happening under president obama's watch. what is senator mccain, a pretty passionate speech on floor of today, blasting white house, telling eve
he was, jack dorsey. i apologize. thinking of tom dorsey the stock strayed trader. jack dorsey came back as founder. twitter's stock is up 3 1/2% on that news. they like it. trish, take it to you now. trish: thanks so much, neil. breaking everyone, secretary of defense ash carter is about to speak at the pentagon. he will address serious unexpected move by russia. vladmir putin launching a series of airstrikes against anti-assad forces in syria. president obama who just met with vladmir putin...
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like, the board would have to say they are okay with having a ceo run both twitter and square or jack dorsey has to step down from his role running square which my sources tell me is not going to happen. dorsey said publically he is committed to remaining ceo of square. certainly a passionate rant here from chris sacca. >> this is fascinating that it's taken this long to get somebody. i happen to notice last night, dick costolo was tweeting about old movies. the guy's not doing anything right now. maybe bring him back for a while on an interim basis. >> dick costolo certainly stepped down from his role at twitter. twitter has hired an outside recruiting firm spencer stewart that is looking for people outside twitter, as well. within twitter the two obvious candidates are jack dorsey and adam bain. they've been talking to a wide range of people outside the company. none are at any serious point in terms of talks and interviews with the board. twitter's board did say they are only interested hiring a full-time ceo. we'll have to see if they change their mind on that. >> julia, thank you. this
like, the board would have to say they are okay with having a ceo run both twitter and square or jack dorsey has to step down from his role running square which my sources tell me is not going to happen. dorsey said publically he is committed to remaining ceo of square. certainly a passionate rant here from chris sacca. >> this is fascinating that it's taken this long to get somebody. i happen to notice last night, dick costolo was tweeting about old movies. the guy's not doing anything...
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Sep 29, 2015
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i wants the cars to rove more seamlessly among human drivers. >>> the pressure is building for jack dorsey to take control of twitter, the company he founded in 2006. dorsey has been running twitter on an interim basis since the resignation earlier this year. he runs fourscarquare, the mobi payment company. one venture capitalist argues that if two sports stars, deion sanders, could play two sports that he can play in both the world series and the super bowl, then dorsey should be able to run both companies. a little bit different there. >> well, if you've ever bought a home, you know full well you are presented with a mountain of forms when you apply for a mortgage. >> but that's about to change. seven or your side's michael finney join us. >> here, sign these papers. >> like you're buying a corporation. >> unbelievable. starting this start home buyer will be confronted with new mortgage paperwork and that's the good news. bankrate.com says new forms will make it easy to compare what you thought you were getting when you signed up for the loan with what you're actually getting now on the
i wants the cars to rove more seamlessly among human drivers. >>> the pressure is building for jack dorsey to take control of twitter, the company he founded in 2006. dorsey has been running twitter on an interim basis since the resignation earlier this year. he runs fourscarquare, the mobi payment company. one venture capitalist argues that if two sports stars, deion sanders, could play two sports that he can play in both the world series and the super bowl, then dorsey should be able...
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jack dorsey is the top contender. the board is grappling with his running another company square. adam bain had great success. outside twitter, sources tell me the company's recruiting firm spencer stewart has been reaching out to a wide range of executives. the board does remain cautious, doesn't want to make the wrong call. there is no doubt they are under pressure because the clock is ticking. >> are we expecting to hear within this next couple of hours what happens out of this board meeting? >> no. i mean i wouldn't really thi
jack dorsey is the top contender. the board is grappling with his running another company square. adam bain had great success. outside twitter, sources tell me the company's recruiting firm spencer stewart has been reaching out to a wide range of executives. the board does remain cautious, doesn't want to make the wrong call. there is no doubt they are under pressure because the clock is ticking. >> are we expecting to hear within this next couple of hours what happens out of this board...
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Sep 3, 2015
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and see why 92% of our members plan to stay for life. >>> ahead of twitter's board meeting today jack dorsey interim ceo tweeted out this photo. instead of reading between the stubble we sent our own john a jar yan to the barber shop to get the scoop. >> now, was jack feeling pretty good? he looked happy. >> he really was happy. he had a good dinner last night he said and this morning was waking up perfectly. early haircut, 7:00 in the morning. >> shave, too, or just the haircut? >> i give him a very nice trimmed beard and he was very happy. >> i can't even -- the stock is rocketing. >> it's amaze snoog the question is, was he happy because he thinks he's going to be the guy? or >> or because he gets an escape. who knows? >> let's bring in bob peck, suntrust analyst. we're having fun with this, but in all seriousness do you see the thing that dorsey tweeted out and make more than just a joke about it? >> yeah, as we said for a while, we think that this structure is probably most likely with him being ceo, adam taking on the responsibilities and ed being chairman of the board. necessary new y
and see why 92% of our members plan to stay for life. >>> ahead of twitter's board meeting today jack dorsey interim ceo tweeted out this photo. instead of reading between the stubble we sent our own john a jar yan to the barber shop to get the scoop. >> now, was jack feeling pretty good? he looked happy. >> he really was happy. he had a good dinner last night he said and this morning was waking up perfectly. early haircut, 7:00 in the morning. >> shave, too, or just...
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Sep 11, 2015
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chris saka is pressuring twitter's board to put in founder and ceo jack dorsey as permanent ceo. he wants it asap. sake sack ka tweeting for months. he says enough is enough. they are running a "process" yet there is only one person fit to run this company. jack. what sacca's effectively asking here is he's asking the board to reverse the statement it made in june saying they'd only consider candidates who are in a position to make a full-time commitment to twitter. the issue is that jack dorsey has said he's committed to remaining ceo of square, which is heading to an ipo which could be as soon as the fourth quarter. what sacca's saying is the fact that he'd be running two companies is irrelevant. he tweets "he has the full support of the key players at twitter and its largest investors." he goes on to tweet that the market knows that jack has such strong teams at both square and twitter that he could run both companies. this is settled. but it does not seem to be settled for twitter, which has not responded to repeated request for comment since sacca went on this tweet storm. a
chris saka is pressuring twitter's board to put in founder and ceo jack dorsey as permanent ceo. he wants it asap. sake sack ka tweeting for months. he says enough is enough. they are running a "process" yet there is only one person fit to run this company. jack. what sacca's effectively asking here is he's asking the board to reverse the statement it made in june saying they'd only consider candidates who are in a position to make a full-time commitment to twitter. the issue is that...
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olivia: i think jack dorsey wants his job back. thank you so much for your time.ndan, this has been fun. brendan: it has been a long time. olivia: stay tuned. ♪ brendan: welcome back to the bloomberg market day. we will take a look at the top stories this hour. breaking news and the last half hour. a prosecutor in paris says the wing part that washed up on the beauty ocean island did indeed come from the ablation airlines late 370. from the malaysian airlines flight 370. a judge in california has signed off on $450 million settlement in antitrust claims involving google and apple. the judge ordered $40 million in fees, half of what had been requested. imports of mobile phones and from cynical spell. exports were little changed. mobile phones and pharmaceuticals fell. the nfl got sacked in the deflategate case. overturning the suspension of tom brady, saying roger goodell imposing his own brand of industrial justice. the markets are closing in europe. for the latest, we go to mark barton. mark: european stocks rising for a second day. investors in joining a breathe
olivia: i think jack dorsey wants his job back. thank you so much for your time.ndan, this has been fun. brendan: it has been a long time. olivia: stay tuned. ♪ brendan: welcome back to the bloomberg market day. we will take a look at the top stories this hour. breaking news and the last half hour. a prosecutor in paris says the wing part that washed up on the beauty ocean island did indeed come from the ablation airlines late 370. from the malaysian airlines flight 370. a judge in california...
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Sep 30, 2015
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jack dorsey disagrees he welcomed him with this, yes, welcome to twitter. snowden fled to moscow after leaking u.s. secrets about the nsa domestic surveillance program. it could put domestic surveillance back on the radar and in the presidential race. >> the time now 10 minutes after the top of the hour. an atheist in an uproar over in god we trust. >> never lose your luggage again. the new way you can track your bags when you travel. >> that would be really nice. look at this. the guy who blew three chances to catch a foul ball. now it is going viral. looks like some folks have had it with their airline credit card miles. sometimes those seats cost a ridiculous number of miles... or there's a fee to use them. i know. it's so frustrating. they'd be a lot happier with the capital one venture card. and you would, too! why? it's so easy with venture. you earn unlimited double miles on every purchase, every day. just book any flight you want then use your miles to cover the cost. now, that's more like it. what's in your wallet? >> a manhunt underway at this hou
jack dorsey disagrees he welcomed him with this, yes, welcome to twitter. snowden fled to moscow after leaking u.s. secrets about the nsa domestic surveillance program. it could put domestic surveillance back on the radar and in the presidential race. >> the time now 10 minutes after the top of the hour. an atheist in an uproar over in god we trust. >> never lose your luggage again. the new way you can track your bags when you travel. >> that would be really nice. look at...
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we'll will focus more on the bigger picture, but product is a huge area of focus for jack dorsey.een clear the product needs a lot of improvement, and they have a lot of work to do. mark: how are they going to fix y: goodre price?emil question. a lot of it hinges on project lightning. the idea is to make the most influential tweets more influential whether you are logged in or log out. they have a huge team working on this. cady stanton would be helping to cure rate these. they would be curated by humans. during the super bowl you see the most popular were most important week. on this.hinge we have not seen it yet and do not know when it will be unveiled. mark: emily chang joining us from san francisco. for in to bloomberg "west" more on the twitter ceo search. bloomberg "market day." continus in just a moment. ♪ we live in a pick and choose world. choose, choose, choose. but at bedtime? ...why settle for this? enter sleep number... right now all beds are on sale. sleepiq technology tells you how well you slept and what adjustments you can make. you like the bed soft. he's more ha
we'll will focus more on the bigger picture, but product is a huge area of focus for jack dorsey.een clear the product needs a lot of improvement, and they have a lot of work to do. mark: how are they going to fix y: goodre price?emil question. a lot of it hinges on project lightning. the idea is to make the most influential tweets more influential whether you are logged in or log out. they have a huge team working on this. cady stanton would be helping to cure rate these. they would be curated...
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Sep 26, 2015
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dick: jack dorsey can sit here and you can ask, what were you first thinking about when you inventeder. you can be a non-founder ceo and have thoughtful opinions and even certainty about where something needs to be taken that is helpful to the company. when jack saw vine, loved it and it knew it right away, we were both, we have to do this. i felt the same way when jess on my team talked about periscope. right away, we were like, we have to make it part of the company. my daughter said, i have bad news and good news. there is an article that says, you are one of the worst five ceos of 2014. the good news is, you are number five. [laughter] i hope that is a lesson i have taught them about how not to get carried away. emily: i hope you will tell me about beekeeping. [laughter] dick: the cool thing about the bees, i spend most of my time watching them. the way the hive works. what is going on. the crazy stuff that happens as the seasons change. the way they build and everything is fascinating. i love does watching them. emily: you bring honey to the office. dick: to some people. there i
dick: jack dorsey can sit here and you can ask, what were you first thinking about when you inventeder. you can be a non-founder ceo and have thoughtful opinions and even certainty about where something needs to be taken that is helpful to the company. when jack saw vine, loved it and it knew it right away, we were both, we have to do this. i felt the same way when jess on my team talked about periscope. right away, we were like, we have to make it part of the company. my daughter said, i have...
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Sep 11, 2015
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chris sackett taking to twitter to tweet about twitter and its ceo search and voiced support for jack dorsey. it is time for the board to formalize the obvious he tweeted, making jack the ceo and let everyone get back to focus on making twitter better than ever. jack hast knows that such strong teams that he can run both. earlier this year i asked him if he was becoming an activist -- he said hesaid wanted to fix twitter. sinceave been invested anyone can be invested. there are more than a billion people who have tried it and not stuck around. twitter needs to be easier and more exciting and less intimidating for all the people. emily: turning now to china. the president's first state business to the united states is later this month. the president will be attending a tech summit in seattle, organized by the chinese government are here is what we know. bloomberg has confirmed that alibaba founder jack ma will be there. apples to cook will be planning to attend and may the ceos of facebook and google as well. they will attend a dinner hosted by microsoft founder bill gates at his home. thes i
chris sackett taking to twitter to tweet about twitter and its ceo search and voiced support for jack dorsey. it is time for the board to formalize the obvious he tweeted, making jack the ceo and let everyone get back to focus on making twitter better than ever. jack hast knows that such strong teams that he can run both. earlier this year i asked him if he was becoming an activist -- he said hesaid wanted to fix twitter. sinceave been invested anyone can be invested. there are more than a...
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Sep 24, 2015
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with square, are you convinced you have your ceo jack dorsey for the long-term? roelof: no comment. emily: if he said i want to do both? roelof: i don't think it is for me to judge and tell him he can't do it. there's so much debate about what makes a good investor. founders and ceos -- what do you think? roelof: i'm not sure there is a need for that. iss not the individual, it the key. having individuals with different types of backgrounds -- people who have been general managers or maybe have engineering or leadership roles. it is that complement at a team level that helps make fabulous investing decisions. coming up, ibm opens a brand-new headquarters for its think like a human software. the father of watson tells us how it could soon turn a profit. plus new gear out of the oculus develop her conference in hollywood. the ceo tells me about his latest product. ♪ emily: ibm is opening a new west coast hub for watson right here , part of anisco expanded effort to get developers using the artificial intelligence system in their own apps. john kelly leads the watson team and stop i to
with square, are you convinced you have your ceo jack dorsey for the long-term? roelof: no comment. emily: if he said i want to do both? roelof: i don't think it is for me to judge and tell him he can't do it. there's so much debate about what makes a good investor. founders and ceos -- what do you think? roelof: i'm not sure there is a need for that. iss not the individual, it the key. having individuals with different types of backgrounds -- people who have been general managers or maybe have...
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Sep 30, 2015
09/15
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twitter shares are higher following reports that jack dorsey is about to be named twitter's permanent ceo. he is a cofounder and has been running the company on an interim basis for three months now. dick costolo resigned in june. twitter has not commented on the report. switzerland is the world's most economic -- most competitive economy. the rich and powerful gather in doubles -- in davos. the world economic forum looks at 12 different factors, government, education, and infrastructure, for example. the rankingp1uvvóxóxóxóxñaw=>7 09/30/15 09/30/15 [captioning made possible by democracy now!] amy: from pacifica, this is democracy now! >> we think the evidence is good. we think it is strong. it shows richard glossip's innocence. amy: is oklahoma about to execute an innocent man? we will look at the case of richard glossip. he is scheduled to be killed this afternoon despite mounting evidence he may be innocent. we will speak to his attorney and leading anti-death penalty activist sister helen prejean. then as donald trump and jeb bush propose s
twitter shares are higher following reports that jack dorsey is about to be named twitter's permanent ceo. he is a cofounder and has been running the company on an interim basis for three months now. dick costolo resigned in june. twitter has not commented on the report. switzerland is the world's most economic -- most competitive economy. the rich and powerful gather in doubles -- in davos. the world economic forum looks at 12 different factors, government, education, and infrastructure, for...
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sayscap it again, recode twitter is going to name jack dorsey ceo.ck costolo stepped down, but now jack dorsey will
sayscap it again, recode twitter is going to name jack dorsey ceo.ck costolo stepped down, but now jack dorsey will
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Sep 16, 2015
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they may find it easier to cooperate on the initiative as they currently share the same ceo jack dorseylows you to select a donation amount and submit information required by the sec. -- fcc. square charges 1.9% transaction fee. twitter does not take a cut of the donations, but campaigns can pay to promotes tweets to specific users. now, another company we are watching, snapchat. finding another revenue source for $.99 you will now be able to , replay three snaps that have disappeared. this is according to snapchat's blog. there is a catch. you can only replay a single snap once. around $19lued at billion. up next, what chicagoans are doing to fight back against the city's so-called netflix tax. ♪ ♪ emily: it is time for the daily bite. one number that tells a whole lot. today's number is nine. 9%, chicago's infamous cloud tax charging residents on streamed videos and music. but, some chicago residents have had enough. a group of chicagoans are suing the city on the so-called that netflix tax. they are saying it violates a statute. which for bids states and cities from proposing discrim
they may find it easier to cooperate on the initiative as they currently share the same ceo jack dorseylows you to select a donation amount and submit information required by the sec. -- fcc. square charges 1.9% transaction fee. twitter does not take a cut of the donations, but campaigns can pay to promotes tweets to specific users. now, another company we are watching, snapchat. finding another revenue source for $.99 you will now be able to , replay three snaps that have disappeared. this is...
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Sep 3, 2015
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is it jack dorsey. >> there have been prominent emails of padma warrior being the latest one. do they do anything with those candidates. if not, it's a head scratcher. >> we want somebody whose sole attention is going to be on twitter. and jack has squared a run at the same time. why are they saying one thing and doing another over and over again. how are they going to get investors to trust them again? >> we don't know that they are. let's remember three years ago, ross levinson was a presumed front-runner to take over yahoo. no one knew that the board was interviewing marissa mayer, because they played their cards close to the vest. >> i agree with jon, it takes away a negative. a company needs a ceo, they have other catalysts i want to talk about. the first is ad-blocking, ad-blocking is a huge trend we're going to watch in the next year. people that have closed-app ecosystem environments, facebook, goog, twitter, are better positioned, with ios 9 coming out. i've run and they work perfectly. twitter is in a better position than most. a positive catalyst. >> you're also loo
is it jack dorsey. >> there have been prominent emails of padma warrior being the latest one. do they do anything with those candidates. if not, it's a head scratcher. >> we want somebody whose sole attention is going to be on twitter. and jack has squared a run at the same time. why are they saying one thing and doing another over and over again. how are they going to get investors to trust them again? >> we don't know that they are. let's remember three years ago, ross...
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emily: with square, are you convinced you have your ceo jack dorsey for the long-term? roelof: no comment. emily: if he said i want to do both? what would you say? >> i think he is the founder of both companies. i don't think it is for me to judge and tell him he can't do it. emily: there's so much debate about what makes a good investor. they are saying founders and ceos make the best investors. what do you think? roelof: i'm not sure there is a recipe for that. what are the things i have observed, part of what makes us a good partner, it's not the individual, it is the key. part of what we have benefited from his having individuals with different types of backgrounds . maybe they have been in engineering or marketing. it is that complement at a team level that helps make fabulous investing decisions. not just individuals. emily: coming up, ibm opens a brand-new headquarters for its think like a human software. the father of watson tells us how it could soon turn a profit. plus, new gear out of the oculus developer's conference in hollywood. the ceo tells me about his
emily: with square, are you convinced you have your ceo jack dorsey for the long-term? roelof: no comment. emily: if he said i want to do both? what would you say? >> i think he is the founder of both companies. i don't think it is for me to judge and tell him he can't do it. emily: there's so much debate about what makes a good investor. they are saying founders and ceos make the best investors. what do you think? roelof: i'm not sure there is a recipe for that. what are the things i...
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Sep 30, 2015
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stephen: this is a project being examined by twitter's cofounder, jack dorsey, to increase the length of tweets. very controversial. the team are examining options for maybe changing the brevity that has become the trademark of the social network. they have allowed people to post links and photos by having them include in the character account that in the character count. it is one of those things that investors had been worried about , lincoln to advertising and how much money they make. genie: thank you for that. stephen carroll with that look at the business today. let's take a look now at our press review. it is time to take a look at what has been grabbing headlines around the world, and we have florence villeminot with us to help with that. lots going on in a can a stand, who seized -- in afghanistan, who seized the city of kunduz. flo: "the wall street journal" talks about the taliban standing their ground into dues. a very interesting piece in "the guardian" as well. it talks about how symbolic kunduz is. recapture of the city is a military, political, and propaganda coup for
stephen: this is a project being examined by twitter's cofounder, jack dorsey, to increase the length of tweets. very controversial. the team are examining options for maybe changing the brevity that has become the trademark of the social network. they have allowed people to post links and photos by having them include in the character account that in the character count. it is one of those things that investors had been worried about , lincoln to advertising and how much money they make....
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Sep 22, 2015
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emily: you have also got jack dorsey and others, and i am curious. did they take this decision, and how much convincing did it take them to get them to the point of where they were, ok, we are behind you on this? yancey: we have always been open about who we are and i think people have enjoyed that. this was put out to a vote among the kickstarter shareholders, includes former and current which employees. there was not a single dissenting voice, and this is how we have always operated, and a think collectively, there with pride, to make this statement today and so clearly communicate what we stand for. emily: any idea of how this can impact your recruiting? yancey: my expectation is that it will be very powerful for recruiting. this is a frame we have given every employee that we have brought in, what we think about the long-term prospects of the business, but i strongly believe it is going to attract a certain type of person to us, so we are regularly bringing in high-quality talent, and we pay market salaries, and we have a great team of just over
emily: you have also got jack dorsey and others, and i am curious. did they take this decision, and how much convincing did it take them to get them to the point of where they were, ok, we are behind you on this? yancey: we have always been open about who we are and i think people have enjoyed that. this was put out to a vote among the kickstarter shareholders, includes former and current which employees. there was not a single dissenting voice, and this is how we have always operated, and a...
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. >> you think when jack dorsey is famed ceo the stock will move higher? >> i don't think that will be the knee jerk. i think you will get a move north of $40. this reminds me of facebook when we are calling for zuckerberg's head, now, five years after the fact, he is one of the top ceos out there i think twitter is too valuable a property. somebody will figure this out. we will look pack six months ago. >> two weeks ago, mike made a gutsy call on apple. after that flash crash, the stock did rally. >> aam short that put. actually, you have a lot better price when you sold that put than i do those things went to $6 bucks the very next day. >> this is a level of stock, it's compelling. this is a trade you could still do if you have it yet. >> i think it will be a real snoozeer. i think you can sell "options action" premium to add some yields. if i was long stock, i would be looking to sell long stocks against it. the downside, i want to be very careful this stock has 100 all over it. >> i would own 92, though. if you own the stock and sell upside calls, that
. >> you think when jack dorsey is famed ceo the stock will move higher? >> i don't think that will be the knee jerk. i think you will get a move north of $40. this reminds me of facebook when we are calling for zuckerberg's head, now, five years after the fact, he is one of the top ceos out there i think twitter is too valuable a property. somebody will figure this out. we will look pack six months ago. >> two weeks ago, mike made a gutsy call on apple. after that flash...
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. >>> a project is being spearheaded by jack dorsey, the final twitter version isn't set, but some are in favor of raising the limit by ten characters. >> not too crazy there. ten characters, that's not even a second. >>> after a two-year wait, tesla unveiling its newest invention. you are looking at it with the falcon wing doors, i think they're called. the model x is finally hitting the road. >> "today in the bay's" bob redell, the model x, the only all electric luxury suv on the market. >> reporter: laura and sam, think about it. how many automakers hold a party for the first buyers of their newest vehicles. that was the case of the tesla auto plant in fremont as tesla ceo elon musk unfailed its company's first all-electric luxury suv. one of the most interesting fee turg tours, the rear gull wing doors, the driver's doors opens once you approach, closes once you're settled inside. they hope the new model x will attract more women to its brand. the testimoniers better have a little money there. the fully loaded performance model is priced at $142,000. exact pricing of the base model
. >>> a project is being spearheaded by jack dorsey, the final twitter version isn't set, but some are in favor of raising the limit by ten characters. >> not too crazy there. ten characters, that's not even a second. >>> after a two-year wait, tesla unveiling its newest invention. you are looking at it with the falcon wing doors, i think they're called. the model x is finally hitting the road. >> "today in the bay's" bob redell, the model x, the only all...
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Sep 11, 2015
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jack dorsey is ensuring people he will remain ceo, but what does it mean for twitter? chang and this is "bloomberg west." what's so different about 2015 compared to 2000? i will talk about tech bubble fears. class box shares below ipo despite strong earnings. i will speak with erin leavy about what he still has to prove. and why businesses are depending so heavily on andreessen
jack dorsey is ensuring people he will remain ceo, but what does it mean for twitter? chang and this is "bloomberg west." what's so different about 2015 compared to 2000? i will talk about tech bubble fears. class box shares below ipo despite strong earnings. i will speak with erin leavy about what he still has to prove. and why businesses are depending so heavily on andreessen
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Sep 20, 2015
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dick: jack dorsey can sit here and you can ask him, what were you thinking about when you first, youvented twitter? you know? you can't ask me that same question, because my answer is i didn't invent twitter. you can be a non-founder ceo and have real, thoughtful opinions and even certainty about where something needs to be taken that is helpful to the company. i mean, i can tell you when jack saw vine and -- and loved it and knew it was right right away, and brought it to me and talked about it, we were both, "we have to do this." i felt the same way when jess on my corp dev team came to me and talked to me about periscope. right away was, we have to make that part of the company. i tell you, my daughter, at the end of 2014, she texted me, she said dad, i have bad news and good news. the bad news is there is an article that says, you are one of the worst five ceo's of 2014. ok, what is the good news? you are number five. the good news is you are number five. [laughter] dick: so i view that, like, as a lesson i have taught them, hopefully, about how not to get too carried away one wa
dick: jack dorsey can sit here and you can ask him, what were you thinking about when you first, youvented twitter? you know? you can't ask me that same question, because my answer is i didn't invent twitter. you can be a non-founder ceo and have real, thoughtful opinions and even certainty about where something needs to be taken that is helpful to the company. i mean, i can tell you when jack saw vine and -- and loved it and knew it was right right away, and brought it to me and talked about...