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julia boorstin is in l.a. with the details. >> hi, simon.is the first time an nfl game has been live streamed for free as the primary means of distribution. so the latest in a slew of nfl deals with snap chat, twitter, you tube and plus the nfl is offering more live games on nfl mobile from verizon and more content on the app nfl now. and the most of the nfl rights are tied up through 2020 and 2021. the league is doing to do more digital deals. >> we're in reach business. we're in the aggregation of audiences business and there is a tremendous amount of audience going on in the internet and devices and we are focused on capturing that. >> it is not just the nfl. all of the leagues will be watching the sunday's game closely to see if yahoo earns back the investment. reportedly spend $20 million and if yahoo reaches the promise of getting over 3.5 million viewers to advertisers. they did sell out of the ad spots but brought down the price tag to $200,000 to $100,000 over the course of the negotiations. today the nba announced it is making game
julia boorstin is in l.a. with the details. >> hi, simon.is the first time an nfl game has been live streamed for free as the primary means of distribution. so the latest in a slew of nfl deals with snap chat, twitter, you tube and plus the nfl is offering more live games on nfl mobile from verizon and more content on the app nfl now. and the most of the nfl rights are tied up through 2020 and 2021. the league is doing to do more digital deals. >> we're in reach business. we're in...
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Oct 27, 2015
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and the conference call is under way and julia boorstin is listening in. julia. >> the ceo and cfo are speaking directly to investors in a perry scope feed. dorsey is looking to press on improving the product and communicating twitter's value. there is a lot of talk on the recent launch on moment which dorsey said could rule advertising and the first tv campaign is a real shift in twitter's approach to the service. and he also noted that moments have launched to lake to impact the q3 numbers. >> you can find moments in our april on twitter.com and embedded in sites all over the web. our focus with moments is making them easy to discover and getting people into them right when they open twitter and rolling out globalization globally beyond the united states. >> the ceo adam bane took over after dorsey focusing on the potential of video and it has been successful for twitter. noting that native video views are up 150 times in the past six months and they have the highest video standard in the industry which means they only charge advertises if people watch th
and the conference call is under way and julia boorstin is listening in. julia. >> the ceo and cfo are speaking directly to investors in a perry scope feed. dorsey is looking to press on improving the product and communicating twitter's value. there is a lot of talk on the recent launch on moment which dorsey said could rule advertising and the first tv campaign is a real shift in twitter's approach to the service. and he also noted that moments have launched to lake to impact the q3...
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Oct 8, 2015
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for "nightly business report," i'm julia boorstin in beverly hills. >>> some small mom-and-pop shops are also going digital as a new way to connect with their customers. tonight in the second of out three-part series, sharon epperson introduces us to a husband-and-wife team who are taking their decades-old business into the 21st century. >> reporter: hair colorist megan gordon has seen her share of press. >> i was written up in "allure" magazine in 1994 as the best colorist in the country. that issue came out in november, and i was booked solid for about two years from that one little, small write-up. >> reporter: but with numerous online beauty blogs, youtube videos and instagram posts, husband-and-wife team kevin and megan gordon realized that receiving media attention these days is very different. >> everybody's an expert now. everybody's a master now. there's 30 people on 30 different blogs at this every minute that are claiming their colorist to be the best in the world. and so, you know, people don't know what to believe and don't know what to follow anymore. so, it's all got d
for "nightly business report," i'm julia boorstin in beverly hills. >>> some small mom-and-pop shops are also going digital as a new way to connect with their customers. tonight in the second of out three-part series, sharon epperson introduces us to a husband-and-wife team who are taking their decades-old business into the 21st century. >> reporter: hair colorist megan gordon has seen her share of press. >> i was written up in "allure" magazine in 1994...
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julia boorstin reports tonight from the largest tech conference for women in computing in houston. >>ter: google, facebook, yahoo! microsoft, apple. they're among the tech and internet giants at the grace hopper celebration of women in computing. it's drawn 12,000 attendees, up from 8,000 last year. here to recruit, network, and address the massive imbalance in technology, where women make up just 26% of the workforce, earning just 81 cents on the dollar compared to men in computer and tech jobs. the chief technology officer of the united states says that it isn't just bad for women, it's bad for the economy. >> this is a huge problem for our country. we have over half a million jobs open right now in the united states in tech. they're all over the country. they're in all different industries. manufacturing, in retail, in health care, et cetera. and so we need more people to train. what's interesting about the tech jobs is they pay 50% more than the average american private sector salary. >> reporter: getting more women into tech jobs could help close the wage gap, generate more purch
julia boorstin reports tonight from the largest tech conference for women in computing in houston. >>ter: google, facebook, yahoo! microsoft, apple. they're among the tech and internet giants at the grace hopper celebration of women in computing. it's drawn 12,000 attendees, up from 8,000 last year. here to recruit, network, and address the massive imbalance in technology, where women make up just 26% of the workforce, earning just 81 cents on the dollar compared to men in computer and...
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and as julia boorstin reports, the results of this digital experiment are in. >> reporter: yahoo!as the big winner in the face-off between the bills and the jags, reporting 15.2 million unique viewers. and despite mixed reviews of the live stream, complaints about buffering and pixelation, the nfl's vp of media brian rollap says the feedback from advertisers has been across the board positive and they consider the game's live stream a success. this streaming nfl game drew an average of 2.4 million viewers per minute. now, that's far less than the millions that tune in on average for a national football game but it's more than double the nuv viewers that a regional game similar to this one would have drawn on television. perhaps most important for the future live streaming of football games, a third of the viewers north of 5 million were overseas, which means the nfl is likely to cash in on that international demand by selling more digital streaming rights to its smaller games while its larger game rights are tied up for the next five years. for "nightly business report" i'm julia
and as julia boorstin reports, the results of this digital experiment are in. >> reporter: yahoo!as the big winner in the face-off between the bills and the jags, reporting 15.2 million unique viewers. and despite mixed reviews of the live stream, complaints about buffering and pixelation, the nfl's vp of media brian rollap says the feedback from advertisers has been across the board positive and they consider the game's live stream a success. this streaming nfl game drew an average of...
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julia boorstin explains why. >> reporter: it could cost less to go to disneyland or disney world in thee of the week or in the winter and more on the busiest days of the year. for the first time in the 60 years since disneyland launched, the magic kingdom is considering switching to demand-based pricing. >> the parks are doing so well and operating at such high capacity at this point that they're trying to improve the customer experience by probably redirecting some of the traffic, you know, more evenly throughout the year as opposed to having it concentrated in absolute peak season. this is the kind of thing they wouldn't be doing if things were going badly. this is the kind of thing i think you do when things are going really well. >> disney's been raising prices faster than the rate of inflation over the past several years, but that isn't necessarily enough to deal with massive crowds. both disneyland here in california and walt disney world in florida have seen record attendance each of the past three fiscal years. plus the quarter that ended in june. that means if you wanted to vis
julia boorstin explains why. >> reporter: it could cost less to go to disneyland or disney world in thee of the week or in the winter and more on the busiest days of the year. for the first time in the 60 years since disneyland launched, the magic kingdom is considering switching to demand-based pricing. >> the parks are doing so well and operating at such high capacity at this point that they're trying to improve the customer experience by probably redirecting some of the traffic,...
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for "nightly business report" i'm julia boorstin in los angeles. >> and let's take another look.nger on today's rally on wall street, shall we? the dow rose 320 points, nearly 2%. the nasdaq gained 79, about 1 2/3%. and the s&p 500 added 33. i think mcdonald's surprised a lot of people. >> i think it did. and you know, good for them if that turnaround so long in coming is finally here. we'll see what the breakfast -- all-day breakfast menu adds to it. >> and mario draghi helped too in europe. >> oh, in europe, yeah. easy rates for a long time to come. that's "nightly business report" for tonight. i'm sue herera. thanks for joining us. >> thanks from me as well. i'm tyler mathisen. have a great evening, everybody. we will see you back here tomorrow night. ♪ rip [sofaya] and talking to really cool people [ben] who have really connected their passion with their career. [martha] we're closing in on a week left in the trip pretty much. [olivia] you know so when you get to the end of the whole processes and you're like well there's door one door two, i want to create door number three
for "nightly business report" i'm julia boorstin in los angeles. >> and let's take another look.nger on today's rally on wall street, shall we? the dow rose 320 points, nearly 2%. the nasdaq gained 79, about 1 2/3%. and the s&p 500 added 33. i think mcdonald's surprised a lot of people. >> i think it did. and you know, good for them if that turnaround so long in coming is finally here. we'll see what the breakfast -- all-day breakfast menu adds to it. >> and...
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back over to you. >> all right, julia boorstin. >>> a number of big companies reported their quarterlies this morning, including a handful of banks. and although the results may look good on the surface, there's more to them than meets the eye. >> reporter: the mortgage business has made wells fargo pailar of strength among banks. so far this earnings season, it's the only major bank to grow revenue in the third quarter. but despite an earnings beat, by a penny, and despite growth in the number of loans it's making, the profit margins on those loans fell because mortgage rates are so low. >> we definitely make more money in a higher-rate environment, but the results that we've generated in a zero interest rate environment for several years now have been record results for wells fargo. >> reporter: among the other big banks, bank of america beat by 4 cents. it's now gone a full year without having to worry about legal fees eating into its profit, and it continues to cut costs. the bank now has about 215,000 employees, down more than 6% from a year ago. still to come this week, reports fro
back over to you. >> all right, julia boorstin. >>> a number of big companies reported their quarterlies this morning, including a handful of banks. and although the results may look good on the surface, there's more to them than meets the eye. >> reporter: the mortgage business has made wells fargo pailar of strength among banks. so far this earnings season, it's the only major bank to grow revenue in the third quarter. but despite an earnings beat, by a penny, and despite...
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julia boorstin has more on this digital sports experiment. >> reporter: this sunday morning's game between buffalo bills and the jacksonville jaguars on yahoo! is a milestone. the first time an nfl game has been live-streamed free as its primary distribution. it's just the latest in a slew of nfl digital deals. with snapchat, twitter, and youtube. plus the league is offering more live games on nfl mobile on verizon and more content on its app nfl now. >> we're in the reach business. we're in the aggregation of audiences business. and there's a tremendous amount of audience going on on the internet and connected devices, and we are focused on capturing that. >> reporter: he says he'll measure the success of sunday's game based on whether the stream is technically smooth, goes off without a hitch all around the world, and whether it delivers viewers to advertisers. and though most of the l's rights are locked up through the 202 2020-2021 season, roloff says he's looking for more digital deals to help reach consumers wherever they are. >> television's still the most effective way to distribut
julia boorstin has more on this digital sports experiment. >> reporter: this sunday morning's game between buffalo bills and the jacksonville jaguars on yahoo! is a milestone. the first time an nfl game has been live-streamed free as its primary distribution. it's just the latest in a slew of nfl digital deals. with snapchat, twitter, and youtube. plus the league is offering more live games on nfl mobile on verizon and more content on its app nfl now. >> we're in the reach business....
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julia boorstin is live with the details. >> netflix missed the earnings per share number, just by a penny. but the key factor weighing on the netflix shares after hours are weaker than expected u.s. subscriber additions. they added 70,000 more total subscribers than projected, ending the quarter with 69.1 69.17 million, the u.s. numbers fell short. adding just 880,000, compare to the 1.19 million they projected last quarter. they contributed to that involuntary turn. they said it had the inability to collect. hastings explaining in letters to shareholders they believe this was driven by the transition to chip based credit cards and users failure to update their payment information. the company's fourth quarter outlook for u.s. subscribers is lighter than wall street analysts have forecast but the company's international growth is exceeding expectations. the company added greater than expected 2.74 million overseas subscribers in the third quarter and projecting the addition of record 3.5 million international subscribers in the fourth quarter. so u.s. subscribers looking light and interna
julia boorstin is live with the details. >> netflix missed the earnings per share number, just by a penny. but the key factor weighing on the netflix shares after hours are weaker than expected u.s. subscriber additions. they added 70,000 more total subscribers than projected, ending the quarter with 69.1 69.17 million, the u.s. numbers fell short. adding just 880,000, compare to the 1.19 million they projected last quarter. they contributed to that involuntary turn. they said it had the...
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Oct 23, 2015
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for "nightly business report" i'm julia boorstin in los angeles. >> and let's take another look.nger on today's rally on wall street, shall we? the dow rose 320 points, nearly 2%. the nasdaq gained 79, about 1 2/3%. and the s&p 500 added 33. i think mcdonald's surprised a lot of people. >> i think it did. and you know, good for them if that turnaround so long in coming is finally here. we'll see what the breakfast -- all-day breakfast menu adds to it. >> and mario draghi helped too in europe. >> oh, in europe, yeah. easy rates for a long time to come. that's "nightly business report" for tonight. i'm sue herera. thanks for joining us. >> thanks from me as well. i'm tyler mathisen. have a great evening, everybody. we will see you back here tomorrow night. ♪ a kqed television production. kacyra: it kind of was, like, the bang that set off the night. rogers: that is the funkiest restaurant. thomas: the honey-walnut prawns will make your insides smile. [ laughter ] klugman: more tortillas, please! khazar: what is comfort food if it isn't gluten and grease? braff: i love crème brûlée.
for "nightly business report" i'm julia boorstin in los angeles. >> and let's take another look.nger on today's rally on wall street, shall we? the dow rose 320 points, nearly 2%. the nasdaq gained 79, about 1 2/3%. and the s&p 500 added 33. i think mcdonald's surprised a lot of people. >> i think it did. and you know, good for them if that turnaround so long in coming is finally here. we'll see what the breakfast -- all-day breakfast menu adds to it. >> and...
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we have some breaking news on square with julia boorstin giving us these details. julia?y. that's right. square has filed this registration statement. it's s1 for its proposed ipo. it's looking to file to trade on the new york stock exchange under the ticker sq. its proposed maximum offering is $275 million, though it could be a place holder. we can expect that number to change. some key interesting numbers here in the s1. big losses for square in 2014. losses of $154.1 million, and in the first six months of 2015, losses of $77.6 million. also it notes here that dorsey is committed to being ceo of square as well as twitter. of course, he was just recently named permanent ceo of twitter. just a keynote about who those key underwriters are. goldman sachs, morgan stanley, jp morgan, those are the lead joint underwriters, and also barclays, deutsche bank, jeffries also additional book writing managers for the offering. back over to you. >> julia, thank you. kayla joins us. not the ipo we were expecting to be talking about right now. >> keep in mind that under the jobs act, y
we have some breaking news on square with julia boorstin giving us these details. julia?y. that's right. square has filed this registration statement. it's s1 for its proposed ipo. it's looking to file to trade on the new york stock exchange under the ticker sq. its proposed maximum offering is $275 million, though it could be a place holder. we can expect that number to change. some key interesting numbers here in the s1. big losses for square in 2014. losses of $154.1 million, and in the...
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julia boorstin from california.y are in the same position kind of as blackberry in terms of moving the software company. >> right. exactly. it's a transition. you have to believe in the transition. it hasn't worked out so well for blackberry. if i want to play the internet, i would rather go with a cisco. >> switching gears. vix fell to its lowest level since august 20th. it makes buying portfolio protection cheaper. mike is here to show us how to do it. >> that's right. that's your opportunity. buy insurance when you can, not when you have to. obviously, we've seen that the market rallied a decent bit at the same time. if you have a portfolio stock, what you can do is simply look at something like the spy etf and buy an at the money put. i was looking at the $200 put. i was looking at it earlier today and selling the 184 to lower the cost and offset the decay. you're spending about 2% of the current value of the s.p.y. to do that. each spread represents about $20,000 worth of s&p 500. >> thanks for that, mike. chec
julia boorstin from california.y are in the same position kind of as blackberry in terms of moving the software company. >> right. exactly. it's a transition. you have to believe in the transition. it hasn't worked out so well for blackberry. if i want to play the internet, i would rather go with a cisco. >> switching gears. vix fell to its lowest level since august 20th. it makes buying portfolio protection cheaper. mike is here to show us how to do it. >> that's right....
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michael rapino joins us in an exclusive interview with julia boorstin. >> thanks so much.r joining us today. you beat on the top and bottom line, you're seeing strong trends like increasing ticket sales in the third quarter. what was really driving upside to price, though? >> well, you know, the business we've said for a couple years we are now going to probably end 2015 in our third record year, year over year, and we've said for the last couple years that the global business of live events is growing, the industry in whole as emerging markets as et cetera are growing the business is growing. the pie is getting bigger, we are the market leader and continue to take share year over year and we think that trend will continue for a few more years. >> now, it looks like you are continuing to sell more tickets and getting people to spend more once they come into those live events, my question then is how much more growth is there potentially out there? you gave some generally positive guidance for the fourth quarter but nothing too specific. how much more room do you have to gr
michael rapino joins us in an exclusive interview with julia boorstin. >> thanks so much.r joining us today. you beat on the top and bottom line, you're seeing strong trends like increasing ticket sales in the third quarter. what was really driving upside to price, though? >> well, you know, the business we've said for a couple years we are now going to probably end 2015 in our third record year, year over year, and we've said for the last couple years that the global business of...
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julia boorstin joins us now with the latest. lia, new moves now for facebook to move further into e-commerce. >> that's right. facebook is unveiling its vision today for how commerce will fit into the social network. the goal is to make it easier for brands to reach consumers and drive sales on mobile devices. most notably facebook is testing a shop section, another tab that would sit alongside the news feed pages and groups gathering products listed in the shop sections of brands facebook pages allowing people to make purchases without leaving facebook. now, it will start with products that brands themselves are selling, but the company's also exploring taking those products people are trying to sell to each other like on e-bay this is based on the growing popularity of for sale groups on facebook. now, facebook's also testing an ad unit called canvas which allows users to quickly browse products within facebook to avoid retailers' slow loading mobile sites. then they'll only click out to those sites when it's time to actually m
julia boorstin joins us now with the latest. lia, new moves now for facebook to move further into e-commerce. >> that's right. facebook is unveiling its vision today for how commerce will fit into the social network. the goal is to make it easier for brands to reach consumers and drive sales on mobile devices. most notably facebook is testing a shop section, another tab that would sit alongside the news feed pages and groups gathering products listed in the shop sections of brands...
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. >> julia boorstin is joining us with the full story. plus a slew of big name companies out with earnings next week and with mcdonald's versus chipotle, which will have the better report. and what about google versus amazon. it is take your position earnings showdown style. much more "fast money" right after this. become the only thing you think about. that's where at&t can help. at at&t we monitor our network traffic so we can see things others can't. mitigating risks across your business. leaving you free to focus on what matters most. (vo) what does the world run on? it runs on optimism. it's what sparks ideas. moves the world forward. invest with those who see the world as unstoppable. who have the curiosity to look beyond the expected and the conviction to be in it for the long term. oppenheimerfunds believes that's the right way to invest... ...in this big, bold, beautiful world. let me talk to you about retirement. a 401(k) is the most sound way to go. let's talk asset allocation. sure. you seem knowledgeable professional. would y
. >> julia boorstin is joining us with the full story. plus a slew of big name companies out with earnings next week and with mcdonald's versus chipotle, which will have the better report. and what about google versus amazon. it is take your position earnings showdown style. much more "fast money" right after this. become the only thing you think about. that's where at&t can help. at at&t we monitor our network traffic so we can see things others can't. mitigating risks...
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Oct 21, 2015
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let's get now to a news alert with julia boorstin in l.a. what's going on?> well, brian, jack dorsey taking the stage at his first big event since being named permanent ceo of twitter offering a new succinct definition of twitter is. he's saying it's fundamentally a simple messaging service. dorsey kicking off a day of announcements and presentations to developers by apologizing to them. >> we want to come to you today and first and foremost apologize for our confusion. we want to reset our relationship, and we want to make sure that we are learning, that we are listening, and that we are rebooting. >> dorsey asking developers to tweet in their "for what they want to see the service do. today he's talking a lot about how twitter is opening up to get a wider range of partners, integrating more with other apps will be a key way to grow twitter's base. >> julia boorstin, thank you very much. >>> another big stock story today involves tacos because chipotle's numbers came in weaker than many had hoped and that stock is down over 7%. bob darrington lowered his pr
let's get now to a news alert with julia boorstin in l.a. what's going on?> well, brian, jack dorsey taking the stage at his first big event since being named permanent ceo of twitter offering a new succinct definition of twitter is. he's saying it's fundamentally a simple messaging service. dorsey kicking off a day of announcements and presentations to developers by apologizing to them. >> we want to come to you today and first and foremost apologize for our confusion. we want to...
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i'm julia boorstin in men low park. >> just today, three media titans discussed the future of the industry one undergoing tremendous change at a very fast pace. in an interview on cnbc, cbs ceo les moonves and barry diller shared their vision of the future. >> at the end of the day, it is still about the content, the content is still the thing. obviously, there's been great changes in how people receive their content, how this watch their content. there's going to be a box in a room. it's going to be a large box. it's going to be very efficient. you can receive your content in a variety of different ways. but essentially, content's not going to look that different than it looked 20 years ago. the words we use now, broadcast, cable programming, over the top, they'll all be gone. because now, where everything is going to be distributed without question through essentially a data pipe, not a broadcast pipe, not a cable pipe, but a data pipe. so over time, are these definitions will no longer be in use. i don't think there will be anything called broadcast television or cable television. they'
i'm julia boorstin in men low park. >> just today, three media titans discussed the future of the industry one undergoing tremendous change at a very fast pace. in an interview on cnbc, cbs ceo les moonves and barry diller shared their vision of the future. >> at the end of the day, it is still about the content, the content is still the thing. obviously, there's been great changes in how people receive their content, how this watch their content. there's going to be a box in a...
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for "nightly business report," i'm julia boorstin in los angeles. >>> there will be knob promotions,o doorbusters no waiting in line at outdoor retailer rei on black friday. the store will be closed. on one of the year's biggest shopping days. the company is encouraging would be shoppers to spend the day outside. rei also says it will pay its 12,000 employees for the day. even though they're not work. makes me like them even more. >> i think so. they're true to the mantra of being outdoors and communing with nature. that does it for us on "nightly business report." i'm sue herara. thanks for joining us. >> thanks from me, as well. i'm tyler mathison. have a great evening, everybody. we'll see you tomorrow. >>> i think that the openness of the internet is it's greatest strength and weak necessary. >>> people who tour these say wow. i had no ideas. if you have ever shopped online or texted a friend you know that computing is about you. in 2008 security experts discovered the most computer programs ever written i. range an alarm among experts. in this episode
for "nightly business report," i'm julia boorstin in los angeles. >>> there will be knob promotions,o doorbusters no waiting in line at outdoor retailer rei on black friday. the store will be closed. on one of the year's biggest shopping days. the company is encouraging would be shoppers to spend the day outside. rei also says it will pay its 12,000 employees for the day. even though they're not work. makes me like them even more. >> i think so. they're true to the...
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julia boorstin on twitter, which is tanking, they bring you the latest news headlines.asn't enough. analysis, it is information here on "fast money." we're checking in with dan eyes for reaction on apple and sun trust's bob
julia boorstin on twitter, which is tanking, they bring you the latest news headlines.asn't enough. analysis, it is information here on "fast money." we're checking in with dan eyes for reaction on apple and sun trust's bob
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julia boorstin has the details. julia? >> reporter: well, michelle, yahoo and the nfl both say it was a big success. reporting 15.2 million unique viewers streaming over 460 minutes of the game. adding up to an average of 2.4 million viewers per minute. far less than the tens of millions that would tune in on average for national football game but it is more than double the million users of region broadcast of a similar game would likely draw. now this comes despite criticism of the stream for buffering and for being even less good for those who streamed live via the xbox live app. and there we questions how many people watched it because it was on the yahoo home page and so heavy promoted and advertised next to the web mail service. but the evp of media roll out told me it was a big success and feedbackers from advertises has been across the board positive. a third of the visitors, over 5 million people were overseas, indicates that the nfl is likely looking to cash in on the international interest by licensing more of th
julia boorstin has the details. julia? >> reporter: well, michelle, yahoo and the nfl both say it was a big success. reporting 15.2 million unique viewers streaming over 460 minutes of the game. adding up to an average of 2.4 million viewers per minute. far less than the tens of millions that would tune in on average for national football game but it is more than double the million users of region broadcast of a similar game would likely draw. now this comes despite criticism of the...
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Oct 26, 2015
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julia boorstin is here to explain the stakes. hi, julia. >> hi, tyler. that's right. well, the new and improved apple tv is available for preorder starting today. the 32 gigabyte version goes for $149 while the 64 gig model sells for $199 with orders shipping by the end of the week. it includes an app store just for that tv as well as a touch remote. while the apple tv itself is not expected to of a huge impact on apple's bottom line, piper jaffray's gene muncer projects it will add 1%. viewing content through internet connected devices jumped 60% in the last year but apple tv's popularity is lagging. it's in third place. that research firm says roku are the most used at 37% followed by google chrome cast at 19%. apple tv has just 17% share followed by amazon fire tv with 14% share. now we'll have to see if amazon's move to stop selling apple tv, which takes effect this week, impacts sales during this crucial holiday shopping season and, of course, we'll get a sense of the latest sales numbers for all of apple's products tomorrow when the company reports its quarterly
julia boorstin is here to explain the stakes. hi, julia. >> hi, tyler. that's right. well, the new and improved apple tv is available for preorder starting today. the 32 gigabyte version goes for $149 while the 64 gig model sells for $199 with orders shipping by the end of the week. it includes an app store just for that tv as well as a touch remote. while the apple tv itself is not expected to of a huge impact on apple's bottom line, piper jaffray's gene muncer projects it will add 1%....
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Oct 22, 2015
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julia boorstin in l.a. with the latest. >> on the call moments ago, ceo addressed concerns about user declines. 78.1 million active users may be up from a year ago but down from the prior quarter. listener hours are declining from q-2. the company expected to impact from apple music. investors do not seem to agree, that stock trading down over 20%. mcandrews tried to stress the positive saying the company is laying the ground work for growth working closely with artists, giving data on their listeners and fans and acquisition of ticket fly which he said would be transformative and would connect advertisers to the growing business of events and festivals. another factor driving shares lower was not just user numbers but revenue which fell short of expectations and guidance for the fourth quarter, which was far short of wall street projections. the company disclosed it will pay $90 million in a settlement with the record labels to play songs made before 1972. the company noted the call a couple of minutes ago
julia boorstin in l.a. with the latest. >> on the call moments ago, ceo addressed concerns about user declines. 78.1 million active users may be up from a year ago but down from the prior quarter. listener hours are declining from q-2. the company expected to impact from apple music. investors do not seem to agree, that stock trading down over 20%. mcandrews tried to stress the positive saying the company is laying the ground work for growth working closely with artists, giving data on...
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Oct 5, 2015
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julia boorstin. >> the expected news of dorsey's appointment, jpmorgan's doug anmuth writing, we believe the transition could lead to acceleration in the cadence of product execution. and baird's analyst saying he believes dorsey has the organizational clout to address some of twitter's major challenges. twitter's co-founder posted he's glad jack is back, saying he's already demonstrated the ability to think boldly about the next phase of twitter. dorsey saying he's confident in his ability to run both twitter and square at the same time and confident change is in the works. >> the product teams have also been plotting out ambitious road maps that will see dramatic evolutions across twitter, periscope and vine. they're both plans and i can't wait for everyone to see them implemented. >> dorsey isn't getting any additional salary. the filing today saying there's currently no plans to provide mr. dorsey with direct compensation for his role as ceo. we have to remember, he is being compensated as a director and he does own a significant stake in the company. >> significant might be an under
julia boorstin. >> the expected news of dorsey's appointment, jpmorgan's doug anmuth writing, we believe the transition could lead to acceleration in the cadence of product execution. and baird's analyst saying he believes dorsey has the organizational clout to address some of twitter's major challenges. twitter's co-founder posted he's glad jack is back, saying he's already demonstrated the ability to think boldly about the next phase of twitter. dorsey saying he's confident in his...
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Oct 23, 2015
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julia boorstin has that full story. >> that's right.ctivism blizzard announcing a division devoted to e sports and two big hires to run it. steve bornstein will be the division's chairman and mike sepso formerly president of major league gaming will be the svp. >> it's a $600 million revenue opportunity globally. the u.s. market is very small, a little over $100 million. most of it is corporate spop r sponsorship. you bring somebody like steveton think of other ways to monetize the business. >> in two weeks act vision's bliz con event will feature the global finals for games including star craft 2 and world are warcraft. gamers competing for more than $4 million in prizes. up until now youtube and twitch, which amazon bought for $1 billion, have been the main destination for watching video game play. with the number of e sports fans expected to grow from 116 million this year to 165 million in 2018 according to new zoo. the category is drawing more traditional media companies as well. just last month turner and agency wmeimd partnered t
julia boorstin has that full story. >> that's right.ctivism blizzard announcing a division devoted to e sports and two big hires to run it. steve bornstein will be the division's chairman and mike sepso formerly president of major league gaming will be the svp. >> it's a $600 million revenue opportunity globally. the u.s. market is very small, a little over $100 million. most of it is corporate spop r sponsorship. you bring somebody like steveton think of other ways to monetize the...
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Oct 21, 2015
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. >> julia boorstin, thank you, in los angeles. what do we make of this down grade and what dorsey has to say? i think the reaction across the board in terms of him saying it is a simple messaging service was pretty much uniform. >> that is in the price. >> it is not a convincing story line to an advertiser to buy advertising on the platform. what do you think, karen? >> i don't know that it is. to the extent that the message is clouded and nobody knows what it is. if they clarify, even if it is -- then that is good. i also think at apology to the developers is a good -- is definitely a good thing to do as well. we'll see. he's talking the talk. we'll see. >> yeah. >> i think the report on the 27th, david has been right on this, by the way. i think at this point, now, given the volatility, you have to wait and hear what they have to say. if it is bad, it go back down to 25 and if it is good, you won't miss a move to the oup side. i like the story, but the stock is too crazy for me. >> morgan stanley downgrade was lame. down 40%. yo
. >> julia boorstin, thank you, in los angeles. what do we make of this down grade and what dorsey has to say? i think the reaction across the board in terms of him saying it is a simple messaging service was pretty much uniform. >> that is in the price. >> it is not a convincing story line to an advertiser to buy advertising on the platform. what do you think, karen? >> i don't know that it is. to the extent that the message is clouded and nobody knows what it is. if...
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Oct 21, 2015
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julia boorstin sat down with the chief business officer to talk about it. and ashe has the details.uch are we paying here. >> well, kelly, it is $10 a month and it is called you rub red and it is released a week from today. can you get exclusive content for motley fee. subscribers get free access to google play music which cost $10 a month. the you tube chief business operator kinsel said they are responding to feedback they've heard from users over the past decade. >> we decided last year that we should probably address some of these requests and evaluated it and we also wanted to make sure that we build a new revenue stream for our creators who could then supplement that advertise revenue. the ad business will continue to dominate our revenue stream it. will by far by the biggest revenue stream for our creators. but you nub, now, and every single month and year will provide an increased supplemental revenue stream from high value users. this is the first time that user is basically saying, my time is worth this much, versus an advertiser saying your time is worth this much. >> hul
julia boorstin sat down with the chief business officer to talk about it. and ashe has the details.uch are we paying here. >> well, kelly, it is $10 a month and it is called you rub red and it is released a week from today. can you get exclusive content for motley fee. subscribers get free access to google play music which cost $10 a month. the you tube chief business operator kinsel said they are responding to feedback they've heard from users over the past decade. >> we decided...
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Oct 13, 2015
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. >> julia boorstin joins us with the details. >> that's right.ewly appointed permanent ceo jack dorsey announcing today that at which timer is laying off up to 8% of its employees, that's as many as 336 people. twitter shares spiking as much as 6.7% earlier today on the news as the company revised up its earnings forecast for the third quarter to the higher end of its previous estimates. of course, also on news of a restructuring designed to help the company more faster. jack dorsey writing in a letter to employees, quote, products and engineering will going to make the most significant structural changes to reflect our plan ahead. we feel strongly that engineering will move much fast wr a smaller and nim bler team. the company said total restructuring expenses are estimated as much as $15 million. most of that will be in severance costs. bill and kelly. >> thank you. we will see how that improves the product experience here. he talked about moments in the memo, too. an early indication of what may be to come for the social media giant. 12 minute
. >> julia boorstin joins us with the details. >> that's right.ewly appointed permanent ceo jack dorsey announcing today that at which timer is laying off up to 8% of its employees, that's as many as 336 people. twitter shares spiking as much as 6.7% earlier today on the news as the company revised up its earnings forecast for the third quarter to the higher end of its previous estimates. of course, also on news of a restructuring designed to help the company more faster. jack...
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Oct 22, 2015
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julia boorstin has at&t. what are we looking for? >> with at&t's acquisition of directv closing during the third quarter the telecom giant warned first resultser inflated because they include directv's revenue for the full month of july rather than beginning at july 25th. wall street consensus expectations are 23% revenue growth to $40.4 billion. while earnings per share are projected to grow 9% to 69 cents. analyst right side looking for improved wireless profitability and also some visibility into potential synergies with directv. kelly. >> okay. julie, thank you. and, hey, where did the other john forth did? the first one is back. he will do. what have you got on microsoft. >> amazon ought to guide to almost 20% higher revenue, $35 billion. on to microsoft, we want to see a top line of $21 billion, earnings per share of 59 cents, the key lines here are productivity and cloud. both of those should be just north of $6 billion. there might be a little accounting issue with the pc more personal computing line because they are accounti
julia boorstin has at&t. what are we looking for? >> with at&t's acquisition of directv closing during the third quarter the telecom giant warned first resultser inflated because they include directv's revenue for the full month of july rather than beginning at july 25th. wall street consensus expectations are 23% revenue growth to $40.4 billion. while earnings per share are projected to grow 9% to 69 cents. analyst right side looking for improved wireless profitability and also...
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Oct 15, 2015
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julia boorstin is live in houston, texas. what are you hearing? >> well, mandy, i'm here at the grace hopper celebration of women in computing where there are over 12,000 women from hundreds of internet and tech giants here to address the persistent problem of the lack of women in the industry. women make up just 26% of the tech workforce and earn just 81 cents for every dollar that men do in math and tech jobs. a recent fortune study of nine tech giants found women comprise just a third of their workforce on average. ebay among the best at 42% female. facebook and google are less than 30% female and microsoft and intel are at the bottom with 24%. the percentages get worse in senenior manager. less than 20% is female at microsoft, intel, and google. the youtube ceo said it's a matter of getting women into the pipeline and then holding onto them. >> women earn over half of all bachelor's degrees in america. but they eastern fewer than 20% of the computer science degrees. and unfortunately this problem isn't getting better. it's getting worse. >> th
julia boorstin is live in houston, texas. what are you hearing? >> well, mandy, i'm here at the grace hopper celebration of women in computing where there are over 12,000 women from hundreds of internet and tech giants here to address the persistent problem of the lack of women in the industry. women make up just 26% of the tech workforce and earn just 81 cents for every dollar that men do in math and tech jobs. a recent fortune study of nine tech giants found women comprise just a third...
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. >> thank you very much, julia boorstin. netflix is up by nearly 1%. as for the overall markets, we're looking a little soggy right now with the nasdaq the biggest loser percentagewise down by 0.8%. mild losses for the dow and s&p. let's get more on what's happening with the action at the nyse with mary thompson. >> the markets have really been focused on the event that happens on the event that happens at 2:00 p.m. eastern. we have modest losses for the dow and the s&p. the nasdaq taking the biggest hit. quick check of what some of the traders will be watching when the fed releases the minutes. they want to know why was there a close call last time the fed met. keep in mind a couple of the fed -- the voting members said it was a close call as to whether or not to raise interest rates. what were the concerns, if any, about the international markets and what kind of rate of job growth would the fed feel comfortable with in raising interest rates. so, again, traders focused on that event happens at 2:00 eastern time. back to you. >> thank you very much f
. >> thank you very much, julia boorstin. netflix is up by nearly 1%. as for the overall markets, we're looking a little soggy right now with the nasdaq the biggest loser percentagewise down by 0.8%. mild losses for the dow and s&p. let's get more on what's happening with the action at the nyse with mary thompson. >> the markets have really been focused on the event that happens on the event that happens at 2:00 p.m. eastern. we have modest losses for the dow and the s&p....
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Oct 16, 2015
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our julia boorstin. >>> nevada the latest state to ban sports sites like fan duel and draft kings.lk about that coming up. >>> first, don't miss t this is my test ride in carnegie melon's self-driving car to see how the vehicles communicates with things like stoplights. >> you look terrified. >> i do. this is the first time i have seen t i'm only in my 60's. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, it helps pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. to me, relationships matter. i've been with my doctor for 12 years. now i know i'll be able to stick with him. [ male announcer
our julia boorstin. >>> nevada the latest state to ban sports sites like fan duel and draft kings.lk about that coming up. >>> first, don't miss t this is my test ride in carnegie melon's self-driving car to see how the vehicles communicates with things like stoplights. >> you look terrified. >> i do. this is the first time i have seen t i'm only in my 60's. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical...
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Oct 23, 2015
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he sat down with julia boorstin to talk about his expansion plans. >> shane smith announcing from londonch a dozen new tv networks in europe over the course of the next 2 months. he also revealed voois will launch a new television network bringing vice's mel neem focused tradition to the traditional media. >> we are doing three scenes, one screen ott, a network with rogers in canada, networks in europe, networks in south america because we want to be able to go to our brands and say we can do tv, mobile, online, ott, everything. >> smith telling me that vice's profit and revenue have been doubling over the past couple of years with revenue on track to near a billion dollars this year and double over the next two years. he also says that the company has been in acquisition talks with what he described as everybody at a $5 billion valuation. >> we are valuable. i think right now we have a decision to make because we are sort of topping out the valuation that a media company could buy us. once you get into the next wave it's either the major teleco's or apple or google. then you have to loo
he sat down with julia boorstin to talk about his expansion plans. >> shane smith announcing from londonch a dozen new tv networks in europe over the course of the next 2 months. he also revealed voois will launch a new television network bringing vice's mel neem focused tradition to the traditional media. >> we are doing three scenes, one screen ott, a network with rogers in canada, networks in europe, networks in south america because we want to be able to go to our brands and say...