getting back to the idea of mark zuckerberg being in charge, this is his call. he has changed the name of the company. he decided to pivot the company toward the metaverse. he is building this company toward that future ambition, which we don't see hardly any revenue potential from for years. at the same time the core business is suffering. i will be the first to admit that i am a metaverse skeptic. i have been for quite a long time since the days of virtual reality. of second life. i think there is a lot for meta to prove with the metaverse for the potential of consumers and marketers to engage in it. we saw the ftc is now starting to investigate an acquisition that facebook made in the metaverse realm. meta is having so many challenges in front of it, on so many fronts. this is the quarter where i have become more concerned about the company then i think i have ever been before and all the years i have covered it. emily: the ftc is trying to block meta from buying a vr company called within unlimited. there are already antitrust issues in the metaverse that do

the bright shiny object that mark zuckerberg has indicated is where they're going.h these hiring freezes and maybe the bad pockets we are seeing at meta, there's concern around things that really matter to people on the ground like diverse workforces and what happens when you are not hiring as many people and how do they continue to contend with the bubbling up of misinformation going into the midterms. i think good times, depending on what team you're sitting on, might be the way to look at that. are you in the group seen as the future or the really necessary changes that are instrumental to making sure that the businesses maintain cultural relevancy with the users that are so important to advertisers or are you in some of these pockets that maybe you are starting to fall below the line and are not seen as places that internal dollars should go to kind of catapult the company to go into and through? emily: snap just shed half its value. could snap be a target? >> it could be, but the current mood in the u.s. government and eu, i don't think it is a good time to mak

for mark zuckerberg. -- metaverse. s - zuckerberg. —— metaverse. tue: do temper expectations and expectations and the metaverse. we do not believe it exists until the rust standards and protocols but it is a time to test and learn, what we call metaverse precursors. but matter has baggage. 52% of adults who were familiar with metaverse said they did not want to participate in it. hope want to participate in it. how man of want to participate in it. how many of them have tiktoki many of them have tiktok account at the moment because this is the big thing. the likes of meta are playing catch up likes of meta are playing catch up with tiktok?— likes of meta are playing catch up with tiktok? very much so. it is up with tiktok? very much so. it is clear— up with tiktok? very much so. it is clear instagram _ up with tiktok? very much so. it is clear instagram was i up with tiktok? very much so. it is clear instagram was to i up with tiktok? very much so. it is clear instagram was to be | it is clear instagram was to be tiktok

mark zuckerberg and what he said on the call last night, and what's to come. >>> jetblue likely to prevail in its attempt to steal spirit airlines away from frontier. new details on that coming up. >>> in washington, news from democrats looking to take on everything from national debt and inflation to climate change. but there is one thing that build back better did not have. it could be what gets it over the finish line. plus, fed chairman powell installing a rate hike and why the worst may be behind us. >>> one of the top stocks taking a nosedive after the open after yet another multibillion charge. it is thursday, july 28th, 2022. you are watching worldwide exchange. >>> a very good welcome to you. i am wilford frost in this morning. it is a real pleasure to be back with you. let's begin with the u.s. futures after a ferocious valley yesterday. you can see we are down to about 115 points on the nasdaq. that is close to a percent, just shy of a percent. the s&p down 16 points, the dow down about 35. about 1% for the dow, 3% for the s&p, though it comes after 2.6%. the nasdaq closed at 4%

in an earnings call, ceo mark zuckerberg spelled out the grim reality, expect us to get more done with home inside the company. according to a recording of an internal meeting last month, zuckerberg was asked by a worker whether extra vacation days introduced during the pandemic would be continued. according to the verge the ceo seemed visibly frustrated. saying i think some of you might say this place isn't for you and that self-selection is okay with me. in a statement a spokesperson writing in part, we regularly re-evaluate our pipeline depending on our needs. >> the mood is tense and mark zuckerberg is going back to this old persona where he was a wartime ceo. i think he realized in the pandemic, his company got really big, potentially a little lazy and now he needs people working a lot harder. >> reporter: working harder to combat a host of challenges. a change to apple's privacy policies hurt the company's policy to track users for advertising. costing them billions. plus meta is fighting to stave off tiktok. facebook and instagram making changes in response to focus more on vide

in a recording of a recent internal meeting a worker asked mark zuckerberg if vacation days during the pandemic would continue. he said, quote, there are probably a bunch of people at the company who shouldn't be here. i think some of you might just say that this place isn't for you and that self-selection is okay with me. >> the mood is definitely tense and mark zuckerberg is going back to this old persona where he was this wartime ceo and i think what he has realized is that in the pandemic, the company got really big, potentially a little lazy. >> a change to apples privacy policies hurt the company's ability to track users for advertising and that cost facebook billions of dollars, plus they are struggling to save up petition from tiktok which now has over 1 billion users. >>> in san francisco, former business rivals are now collaborators. we are talking about amber and the fleet of more than 1000 taxis. it is a first in the nation experiment. uber is allowing writers to book taxis directly to the app. passengers will pay taxi drivers what they pay for and uber x right. that allows

you see mark zuckerberg spending $10 billion to build the metaverse.ys there's a huge market in digital assets and we think one of the first things you will want to own online is going to be your name and reputation. that is the push behind july identity. >> i'm already thinking about how hard it was to get my twitter name or my website name or things like that. is it going to be countless? will we have to have caroline hyde version 1, 2, 3? explain to me how it's going to look. >> you have a good example. how much do you think elon musk twitter handle is worth to him? probably a million dollars. he doesn't own that name on twitter. he could get kicked off and he would lose it. this is the whole promise of web3 and crypto is that you should be owning a digital asset. instead of having one name on twitter and a different one on instagram and another one on reddit. you could have a single name you control inside your the wallet and you could use it to sign into these different social applications and you would have a consistent reputation. >> what if som

i knew tom and mark zuckerberg is no tom hagan. just throwing it out there. >> you have to let me in there. he's going in for a wartime considering erie here. everything goes back to the godfather. i will say this. there is a really strong chance. we keep hearing about tiktok. there is a good chance that it will be banned in the u.s. can you imagine what a tailwind that would be for facebook? >> it would be huge. >> let's get to the fourth out here. the stock is climbing at the bottom line. revenue listed by sales and crossovers offer more than tripled in a year ago with a semi's shorted. they were able to build more cars even in the face of ongoing supply-chain issues. up 6%. >> and a $4 billion commodity hit but the dynamics around this company are that they are executing and they are executing the industry if you look at the protraction growth year over year. we do this all the time. it doesn't seem to matter but it gives you some confidence in the dividend and where we will continue to be. you are 6 1/2 times over 4 1/2 times w

mark zuckerberg lived there when facebook was facebook and a start-up. five bathrooms. the rent in 2004 was $2,500. new renters will pay twice that much now, more than $10,000 a month. you'll recall that party scene where the facebook employees zip lined off the roof into the pool? well that house was in palo alto. when they were kicked out they relocated to this home in los altos. >> live like zuckerberg used to. >>> we're continuing to push to get backpacks full of school supplies to bay area kids in need. it's supporting our school initiatives. >> school is right around the corner. fresh school supplies are out of reach for so many families in the area especially during the time of inflation. chris chmura is here to show us how to help and stretch your donation. >> reporter: good evening. all this month you can donate a backpack and supplies yourself at drop boxes like this one right here. or our partners at the non-profit family giving tree will pack a backpack for you if you would like. that would cost $35 for the backpack itself plus all the needed

. >>> and also want to live in mark zuckerberg's old house? it's up for rent. it's up for rent. 'll tellwe here's why tribal leaders urge you to vote yes on prop 27. the act provides hundreds of millions every year for permanent solutions to homelessness, mental health and addiction in california. prop 27 supports financially disadvantaged tribes that don't own big casinos. by taxing and regulating online sports betting for adults 21 and over, we can protect tribal sovereignty and finally do something about homelessness in california. vote yes on prop 27. with xfinity internet, you get advanced security that helps protect you at home and on the go. you feel so safe, it's as if... i don't know... evander holyfield has your back. i wouldn't click on that. hey, thanks! we got a muffin for ed! all right! you don't need those calories. can we at least split it? nope. advanced security that helps protect your devices in and out of the home. i mean, can i have a bite? only from xfinity. nah. unbeatable internet. made to do anything so you can do anything. a new chevy is the smart way t

it basically just says that mark zuckerberg up session with the meta-verse is going to cost us.t no one is going to the meta-verse. they are happy to be in this verse. he is white willing it, david. >> he's making a awfully big bed if it goes wrong. >> i have used it. i do think that if you want to get a touch with people and do things it is a great way to get in touch with people, and have a four way something. not like that. >> that sounds like error after midnight. >> afternoon delight? >> you are probably right, that is what the meta-verse one and are being used for. let's be honest, foreign always leads. by the way, speaking of which you do look like a strip club bouncer. >> in the avatar that mark zuckerberg made for me i am jack like you wouldn't believe. >> you look amazing. you don't want to mess with that guy. >> this is laura martin who had a great call on netflix. >> we had her on oftentimes. i'm sure she'll talk about this. >> i am going to make a point here. i think that reel is doing better than tik-tok. i think betting against mark zuckerberg has been a sucker be

ashley: mark zuckerberg getting tough, managers ordered to oust coasting employees. they are told to report anyone who needs support to human resources. it is a big change of time for the silicon valley company known for california laid back and relax attitude but times changed. facebook value plummeted 52% since the start of the year. questions being asked more, the company's privacy policy that has gutted its method of making money by selling user data and in late june zuckerberg told employees during a companywide call that this might be one of the worst downturns we have seen in recent history. stuart: come back in, nothing like a downturn to make you tighten your belt. >> reporter: mark zuckerberg talking about low performers calling them coasters but in the privately held business world all of us business owners have this acronym we live by, gwc, you want employees the get it, want it and have the capacity to do it. to meet 2 of those 3, you've got good solid employees, people that are passionate about your company whose goals and values are aligned with what y

money is coming to recapture gates' mark zuckerberg.dagogy has clear political goals, they lure children to their side. while they still do not understand what is happening, they make them representatives of the so-called progressive left-wing teacher, which is on the reading list. included a dozen dubious books became the maine teacher of the year with a high award, she was congratulated by the first lady jill. biden fucking obviously the teacher of the year is the best, but i was not allowed to enter three times. not in class, so as not to show what books. she teaches children over the past year in the united states, the number of children whose parents transferred to home schooling has grown by one and a half times, there are almost 4 million people, and more and more every tenth american student will study at home in the coming year denis davydov nikolai koshkin and gleb united states, the united states is responsible for fueling the conflict in ukraine

meta platform ceo mark zuckerberg plans to cut hiring engineers by 30% this year as he cautioned employees about an economic downturn. he said in a q & a session, if i had to bet, i'd say that this might be one of the worst downturns that we've seen in recent history joining us now is paul hickey and mike santoli good to see you both paul, i'll kick it off with you. we're on the precipice of earnings season and right now estimates are pretty much higher or the same level as they are at the beginning of the year. so there's a lot of wood to chop here going forward we're just getting a taste of it right now with the companies that i just mentioned. >> yeah. so i mean the last two weeks investors have been looking forward to this coming earnings season they're just waiting to watch the disaster waiting to happen it seems you know, the overall top line numbers haven't been lowered that much. but we have seen more companies get their numbers cut by analysts over the last month heading into earnings season than we have seen numbers raised it's in the highest rate of downward revisions the month

zuckerberg is probably self-effacing. i said to my wife, lisa, last night, mark is self-abasing. she said please stop with the mark i think what happened is we're not used to someone saying business is weak, we're an advertising company, but the multiple was certainly indicating it's not a growth company. i found the call enjoyably frank. >> enjoyably >> frank frank. >> he's gotten more candid >> he has. it's delightful to hear an executive say we're an advertising company, advertisement is in a downturn, period, end of story i thought it was refreshing, candid >> we'll get to earnings today comcast will open lower. we'll talk about servicenow and ceo bill mcdermott breaking down his company's latest earnings. we'll get to some raised guidance out of pfizer, merck, hershey, and look forward to apple, amazon, roku, intel tonight. more "squawk on the street" in a minute your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed

thing that keeps me up at night right now is this issue of vote harvesting that happened under mark zuckerberg the facebook billionaire spent $419 million on trying to go into the swing states to prime the pump and a lot of this was legal. that's part of problem. this is legal. he went in. they tried to get democratic voters in key areas places where they knew they could dredge up democrat votes and the good news is we cracked down on zuckerberg. there were states all around the country. i think ron desantis in florida was one of the first to finally call zuckerbucks illegal. we have built stop zuckerbucks with -- we are making progress and thanks to afpi, ken blackwell and the attorney general and sitting here we are able to make progress. but this is what worries me. after all that has been done president biden signed an executive order taking 1 billion in taxpayer money, not the private money from mark zuckerberg but a billion in taxpayer money and is putting into vote harvesting schemes using hud for example, the small business administration and any bureaucratic arm of the federal governm

that according to ceo mark zuckerberg during the all-hands meeting yesterday. zuckerberg calling the downturn the worst he has seen in recent history. meta is reducing the hiring target for engineers in 2022 to around 6,500 from the previous target of 10,000 in addition to the reduced hiring, the company is quote turning up the heat on existing staff unable to meet more aggressive goals zuckerberg telling employees quote realistically there are a bunch of people at the company who shouldn't be here. that's a way to get team spirit going. another manager adding, we are in serious times here and headwinds are fierce. >>> and elon musk is currently on his longest stretch without posting to twitter in nearly five years his last post was on june 21st musk normally is a serial tweeter and has not gone more than six days without a tweet since january of 2018. this, of course, as musk looks to complete the $44 billion deal to take twitter private. maybe he is getting sleep for a change, brian? >> sleep what's that, bertha? what is this sleep thing you speak of right? w

taking a bite out of popsicles that resemble billionaires, jeff bezos, elon musk, bill gates, and mark zuckerberg. the pops are pricey themselves, $10 each, and were sold from an ice cream truck in brooklyn. musk, the richest man in the world, was reportedly the most popular. the pops were also available in los angeles. mona, the early reviews are in, and apparently this ice cream is rich in flavor. >> oh, okay. i like that. eat the rich. bite bezos. >>> coming up, one man's nasty fourth of july surprise. he opened up his pickup truck to find this. why he thinks the culprit was a bear. >>> but first, "the bodyguard" coming true for many celebrities. details on the latest match. that's next. you're watching "world news now." with golo, i've lost 13 inches in my waist. they're outta here. you eat normal food. you're not eating diet food. i'm doing something good for me finally. (announcer) go to golo.com to lose weight and get healthier. i got this mountain bike for only $11. dealdash.com the fair and honest bidding site. this kitchenaid mixer sold for less than $26. this i-pad sold for less than $

you forget that mark zuckerberg on some internal call said some of you probably shouldn't be here it looks like they are cracking down meta does not sound like the most fun place to work >> sounds like a difficult place to work. >> little bit odd. silvana henao, thank you. >>> now to what is happening on wall street. stock futures pointing to weaker open key corporate earnings later this week. the big issue is not earnings, but consumer price index which is out tomorrow morning at 8:30 a.m. that is the big one. probably determine what the fed reserve does at the next couple meetings all this as we talked about it a moment ago with the dollar continuing to gain at the highs against the dollar index and against the euro not seen in 20 years let's talk to this with mark howard mark, so much to get to and so little time. how important is the inflation data tomorrow? >> good morning, brian no coasting for you and i, right? look, it is an important release. it is part of the broader set of data that we're dealing with right now, including last week's payrolls the cpi this wednesday and, of

you've had your metaverse etf going, snap views the metaverse is so different from meta, where mark zuckerberg'sision has been called hypothetical. snap is betting more on augmented reality over real physical reality. and today, snap unveiled a web version of snap almost seems like it's going backwards. how do we square these two visions? matthew: the way we square it is by ignoring the term all together. it is helpful to talk about a new generation of the internet. you find there is no concrete definition. some believe it fundamentally requires crypto. others have augmented reality centered belief. under the classical definition where we are talking about real-time 3d, you might talk about augmented reality lenses, mark zuckerberg might talk about the virtual world with all your other vision cut off. that is still 3d and they will still be interconnected in some shape or form. emily: let's talk about how it changes the world of streaming. you are a long time former amazon studio executive. how does it change the way we watch what we watch, and how? matthew: it's a great example of what is alrea

. >>> asÍ lo indicÓ mark zuckerberg indicando que podrÁn ingresar a la nueva real madrid v utilizandoanizaciones ugranianas. >>> para ayudarlos del humo tÓxico de bombadeos en la guerra contra rusia. >>> se les aplaude esta donaciÓn. >>> muchas gracias por su sintonÍa. >>> maÑana nos vemos con mÁs, sintonice telemundo 48 y nuestras redes sociales. gracias. ♪(mÚsica)♪ buenas noches, les saluda vanessa hauc por arantxa loizaga, esta son las principales noticias hoy . >> greg abbott, gobernador de texas ordena a la guardia nacional arrestar y deportar a migrantes . >> no nos dan oportunidad de hablar y al otro día, la niña casi se me ahoga y me deportaron. >> lo hace pese a que esto le corresponde al gobierno federal . >> el padre del

who wouldn't want to be with mark zuckerberg?the moon. >> i am stunned, i am stunned. >> let's try to have a high five. >> so, do you think he is a clown? >> we are having a good time, here and the stock is up today. i was talking about the fact that you were talking about they would spend less and lay people off. >> they are the worst performers. >> knob everybody is great there and they were on a hiring spree where if you walk by the headquarters, by the way, i have, which is difficult because there's the interstate, but if you go across the interstate, you've got a job. >> and do you see? >> a big deal with 4500 for walmart. >> that is a winner. >> actually a lot of news with ev with new leadership transition. >> and jim farley sold so he could build up the ev section afford. i have no trouble with internal combustion engines which is what you are getting. >> i'm a great the spoiler. >> you are a great to spoiler of the planet, that's true. my point is that if electricity cars do what they do in europe, are you that much ahead

i can't remember if it was mark zuckerberg or reid hoffman the founder of linkedin who said this but trying to make it so you never have to be alone. you never have to be lonely. >> loneliness is increased. >> you are exactly right. all of this facebook stuff does not make people feel that much better at least not in the long-term being alone that helps you to ponder the bigger things. to get out of current social events, to get away from the distraction and the diversion and to put away childish things and think about what is serious what is eternal what is universal you got to get off by yourself in order to do that the problem is loneliness and the absolute disability for a 16-year-old i was terribly lonely when i was young awful to be lonely and being alone can put you in a desperate condition and who wouldn't want to escape into contact. that is particularly difficult for an adolescent whose fragility is psychic fragility is there who doesn't have the foundation the grown-ups would have that they can rely upon things like having a child of your own having to take care of an infa

was like watching myself in a movie watch myself look at mark zuckerberg.ce. >> reporter: his attorney, diane sinclair, said she immediately reached out to the company said it's infringing on the client's intellectual property rights. the issue of what's reverse confusion, when you have a small player who has been doing their business for a period of time, and you have a different behemoth, they are going to own the mark. you're trying to hear it before me. >> reporter: the two companies engaged in eight months of negotiations. >> we gave them thousands of patients and different things with information to resolve this. my client tries to go and market its services. consumers falsely and mistakenly believe that its services are coming from facebook. >> reporter: in the end, she says they had no other options but to sue. according to the complaint, irrevocably they have been harmed. we reached out to the parent company, meta, for comments. he says he will keep fighting no matter how long it takes. >> we would like to be compensated for the 12 years. we were b

pero mark zuckerberg les respondiÓ que no deberÍan trabajar con ellos.r el conejo malo en toda la isla. no se pueden perder la conversaciÓn con gregorio peÑa que tambiÉn forma parte de top chefvip. >>> los quiero mucho. ♪(mÚsica)♪ . (comerciales) . >>> a las 12 con 24 seguimos con nuestro programa de telemundo top chef vip. mariset verehÍ entrevistÓ a gregorio peÑa conocido en la historia no hay paraÍso. >>> gregorio peÑa le podrÁ sabor a a su cocina. sabor. >>> quÉ tal, amigos, tenemos el placer de conversar con gregorio peÑa otro participante de top chef vip. problemas de audio. >>> quÉ representa para ti ser parte de esta competencia? >>> pues ambos, yo venÍa antes a ganar, en mi vida cuando comenÉe como actor, cada vez que ganaba un protagÓnico comencÉ a ganar en la vida, y uno no viene a ganar en la vida sino. >>> por quÉ crees que vas a ganar. >>> yo soy hijo de un seÑor que tenÍa 75 aÑos, y Él se separa de mi mamÁ que era muy joven, y cuando se separan, me decÍa bono pique cebolla, y le decÍa esta o esta, esta. y coja una papa, pelela, y cÓmo? asÍ

think a lot of people are getting very cautious on the stock and more so as the months go by mark zuckerberged on the metaverse, et cetera but i think he's more crafty than people give him credit for. all these companies are talking about going in and throwing the kitchen sink this quarter with their earnings reports that's something mark zuckerberg did six months ago if they can turn things around, monetize the whatsapp situation, you know, that's going to be something where it could really help the stock again, i don't think it's one that's going to bounce right away like google k it's something you want to buy it, a little every month between now and the end of the year and five years from now you can look back and say i'm glad i bought meta >> apple, you sound a little more concerned why? >> yeah, obviously apple is a great, great company, kelly. and sometimes the stock isn't as good as the company. this is a stock that's 17% off its lows versus a google which is right on its lows for the year they're starting to throw some negative hints at it it wasn't today they talk about lowering pr

we will hear from meta and people have looked at the control mark zuckerberg has.his is a company, shopify, where there was a shareholder vote that secured some sizable power. what has been the reaction to the fact he is essentially offering about me a call but? -- mia culpa? david: with him owning and controlling roughly 40% of the company following that decision to create the "founders share," it will place a lot of attention on his management going forward. the board knows he has a sick big amount of control which will likely protect the company from hostile takeover going forward. there will not be more questions about shopify's business, the deliver acquisition, that two plus billion-dollar move to protect it from supply chain shocks will come into focus as well and upcoming quarters where that will likely impact margin growth. if you're the board looking at his leadership, there may be questions as to how this company can maintain its aggressive growth strategy. jon: david, thank you and we await those shopify results as we move into tomorrow. let's zoom out

and what social media did mark zuck, i can't remember with mark zuckerberg or reid hoffman the founder of linkedin. who said this but we're trying to make it so you never have to be alone. okay, you never have to be lonely and yet loneliness is increased lonely. that's a very good that you're exactly right people realize, you know, all this facebook stuff. it actually doesn't make people feel that much better at least not in a long term, but the being alone is one of the things that helps you. to ponder the bigger things right to get out of current current social events to get away from the distraction and the diversions. and think about you know, put away childish things. and and think about what is serious? what is what is eternal what is universal? what are the profundities? of life and sometimes you got to get off by yourself in order to do that. now the problem is loneliness can be absolutely debilitating. for a 16 year old now i was terribly lonely when i was young. it's awful. to be lonely and being alone can put you in a desperate. condition and wouldn't want to escape into con

it was like watching myself in a movie watching myself see mark zuckerberg's face. we have the same goal. social immersion in virtual spaces. >> reporter: his attorney says she immediately reached out to the company saying it's infringing on her clients intellectual property rights. >> this issue called reverse confusion. when you have a small player doing their business for a. of time and you get a giant corporate behemoth that with sheer arrogance is i'm going to on this markdown and i will do business with this mark regardless that you were here before me. >> reporter: she says that eu country needs -- the two countries -- >> my client tries to go and market when my client tries to market and promote his services, consumers falsely mistakenly believe thamistakenl services arethey comin are coming from facebook. broca in the end, she says they had no other option but to sue. according to the complaint, his business was harmed. we reached out to facebook's parent company for, and we have not heard back but jb says he will keep writing no matter how long it takes. >

we also had mark zuckerberg spending nearly half a billion dollars to suppress voter turnout across this. all of those things together conspired to have 78% of the republicans in arizona thinking something was wrong with the election. i also am quite concerned about what president biden and the democrats are going to do in upcoming elections. now that he has signed an executive order directing every agency of the federal government to increase voter turnout and registration in the same types of precincts that mark zuckerberg spent half a billion dollars. i'm focused on what they're doing in the future. >> before i let you go, do you accept the outcome of the 2020 election? >> we have the wrong guy in the white house. that's all i'm going to say on that. that's why i'm running for governor. because i don't like who's in the white house. and arizona needs to stay in republican hands so that we can kick him out of the white house in 2024. >> all right. karrin taylor robson, we appreciate you joining us this morning. thank you so much. >> thank you. >>> there's a massive wildfire burning nea

mark zuckerberg said to expect peta to do more with less resources. >>> a day after -- in alameda it has nothing to do with you go by lots of titles. veteran, dad, hair stylist. so adding a student title might feel daunting. national university is here to support all your titles. national university. suppting wle you. >>> new at noon, san francisco has a new addition to its postal service. a venus couplear was the new post master overseeing the san francisco post office. he began his employment in 2004. climbing up the management ranks he now finds himself as the 32nd post master of one of the largest cities and retail operations in the u.s. >> growing up, back in the islands, we would look and see all of the tall buildings on tv. and never realizing that one day i would become part of this city. >> couplear is looking forward to interacting with the city and its communities. >>> and mutual trust between c maintaining public satisfy. alameda police officers are working to build that trust with that fifth grader you're about to meet. here is justin andrews. >> fishing in the bay. ther

we supply the content and mark zuckerberg made a business to borrowing other people's ideas.trength. tiktok has started laying off workers, his parent company, china privately held but losing market value based on recent investment transactions and an analyst predicts tiktok will be passed within 18 months on short form video revenue by meta-and before you start laughing, feel free to do some interpretive dancing, we are talking add revenues. i don't see you dancing. facebook and youtube starting from oppose addition of enormous reach. they will not be a big headache for tiktok. jack: tiktok can claim to be cooler. time for actionable ideas. carleton: we are looking to get ahead of inflation so probably maxed out, and treasury inflation protection securities or tips. one etf is the i shares tip bond etf. jack: it yields 10%. what do you have for us? ben: yum brands, the parent of kentucky fried chicken and taco bell, consumers will move from higher-priced food to places like taco bell and kentucky fried chicken, stock has earnings in two weeks. if those earnings are good it w

facebook parent meta platforms cut plans to hire engineers by 30% this year according to ceo mark zuckerberging the all-hands meeting yesterday. zuckerberg called the downturn the worst he's seen in recent history. in all, meta reducing hiring target for engineers in 2022 to 6,500 from the previous 10,000 in addition, the company is turning up the heat on existing staff unable to meet more aggressive goals zuckerberg telling employees realistically, there are a bunch of people at the company who shouldn't be here. you know who you are another manager adding we are in serious times here and the headwinds are fierce it is amazing can you imagine hiring 10,000 engineers? what do they do? it runs itself what more do you need to do? meta. >> i assume a lot of this is programming around building al goinalgo rhythms. >> so meta the perfectly straight face. >> yes. >> you are telling me i want to hang out with other bored apes at the yacht club sailing around on a fake boat and buying fake clothes to wear at my fake bored apes yacht club? >> i'm not making a play for the bored ape yacht club i sugge

is it the technology that millennials like mark zuckerberg and jack dorsey created or you know, what are the roots that go beyond it? well, let me think just about about that. first point that you made. i'm no better at age 15 than the millennials and then you work if i had these tools i'd be doing the same thing. i already knew it all when i was 16. i don't need to learn anything. i i got it and i don't want to listen to my parents or some some guy with a round face and a mustache named walter talking about watergate. oh come on, but that wasn't the only screen in the house. there wasn't another screen for me to check into there was only one phone in the house. we didn't have the term landline and it had a cord it had a cord you had to put your finger and you know turned seven times and it wasn't private. it was in the kitchen if i want to call a girl and try to mumble my way through stumble my way into into a date. and i didn't you know as uncomfortable being being around with my older sister my parents around yuck. but i so i couldn't go to my room. so this is not about the the mo

let's take a listen. >> we have a quote from mark zuckerberg. >> we have entered an economic downturnave a broad impact on the digital advertising business. it's hard to predict how deep or long the cycles would be, but i say the situation seems worse than it did a quarter ago. su: meta not seeing the same strengthen advertising alphabet did. he put emphasis on the competitive effort up against tiktok. 2.8 billion dollar loss, water than last year. -- worse than last year. haidi: let's get to samsung. second quarter profit missed analyst estimates on consumer gadgets. let's get more on these results. asia stocks reporter joins us. parsing through more of the details we are getting from the earnings calls. reporter: this has been a rare earnings miss from samsung. two of its biggest businesses have both missed operating profits, and that is likely as sales have been coming in slightly better than expected. they are missing operating profit likely from weak demand and rising costs, however there is a silver lining, showing how the company is managing the situation which is the memory bu

mark zuckerberg lived there when facebook was a startup. six bedrooms and five baths. the rent in 2004 was $5500 per month. now it is twice that much. >>> the stars are out in hollywood. athletes came together for the sb awards. >> before the awards were handed out, steph curry walked the carpet with his family. delivered game-winning looks and it was jokes from the start and the monologue. >> when the announcement came out that i was hosting, there were a lot of questions. we had just come off a grueling year. don't you want to go on vacation? after celebrating three kid birthdays in two weeks, i finally understand why tom brady keeps coming back to work. the relaxation is exhausting. >> good one. he won for best nba player and best record-breaking performance. >> it is a great honor. the same way i looked up to my dad, reggie miller and ray allen. all records are meant to be broken. >> klay thompson also won an award tonight. do you think steph had to give himself the award? >> it was a slamdunk. even had outfit changes. i guess green is the new hip color. we all nee

the social media giant dropped 12% after mark zuckerberg warrant that they will cut back on hiring plans to prepare for one of the worst downturns they have seen in recent history. the added in an internal memo circular yesterday that the headwinds are fierce. they should not expect vast influxes of new engineers and budgets. that doesn't sound good but maybe the most conservative thing to do if you believe the economy is back flowing. >> i don't think this is extremely surprising right now. they already had a hiring freeze previously. i think it is kind of interesting as tech in general has been so overrun and really selling off and interest rates are rising. we are seeing some of the valuation come to a point where it might be worth some sort of opportunity. yes this is not good news, for facebook, but maybe as a long- term buyer you have an opportunity. >> i don't know if you are in the depressing paul bunyan recession camp, you might not like a meta unless you think all of the decline in gdp and add revenue. >> i will not say all but probably much of it has been priced in and zuckerb

what does mark zuckerberg's meta have to say? so far we have not received a response back. >>> a look in san jose. >>> a look in san jose. joining us when i make decisions as a leader, it's not about me or the folks that are here. it's about the next seven generations coming behind us, making sure that they have the ability to move forward. prop 27 will help small rural tribes like mine get a seat at the table will be transformational for my tribal members. taxing online sports betting gives us an opportunity to really enhance the lives of our tribe and strengthen the future of our people. vote yes on prop 27. >>> jeff ranieri is with us. it is foggy in july. we are almost at the weekend. >> we are. the weather pattern is going to get a little interesting. monsoonal moisture. we are looking at possibility of some thunderstorms. i can get you a look at that microclimate forecast and what you are going to see here. tomorrow morning, it's all about the fog. temperatures in the 50s. widespread in the north bay. south day, some spotty

ceo mark zuckerberg said meta is slowing the pace of investments and hiring and expects to get more donewer resources. >>> and apple has hired a former executive from lamborghini to help lead the design team on its long rumored apple car project. bloomberg reports that while at lamborghini this leader oversaw vehicle dynamics and worked on models such as the hurricane. some form of apple's car project has been in the works for years under the name, project titan. it's said to be a fully electric and self driving vehicle. since there are so many early adopters of apple products, you can bet that when we finally get a chance to buy one, they will be everywhere. >> no doubt. >> thank you . >>> one bay area transit agency is going electric. >> lowering greenhouse gas emissions and approving air quality, and relieving traffic congestion. >> next on today in e th flex alert! flex alert! a power outage is looming. that's just alert, he's always getting worked up about something. flex alerts notify us of preventable power outages. that way we always know when to help stop one. okay, flex, just d

percent of global wealth, these ultra rich include tech 1000000000 as ellen mosque bill gates and mark zuckerberg. the owner of d. o been are, are know oil tycoon luke hash m, bonnie and water kings on sean, sean, international and geo oxfam says if the top one percent were taxed just half a percent more over 10 years, nearly 300000000 children out of school could be educated and more than 3000000 people could get life saving, health care, and even some u. s. millionaires themselves want to pay more tax every morning before sunrise, stephen prince takes a walk on the beach and has revolutionary thoughts. prince is a multi millionaire and a thorn in the side of his peers. he's calling for rich, people like him to be taxed. it's the battle cry of the patriotic millionaires. an exclusive club with 220 members. they say tax and justice is endangering the united states. i to pay tax. nobody likes to pay taxes. but i love this country in the fuel that was with country is tax revenue. we wealthy people in large corporations that are all getting away with murder by not paying our fair share of taxes, we

. >>> tonight, social media mogul mark zuckerberg is sounding the alarm about the u.s.nomy, saying it appears to be in a downturn that will hurt advertising, forcing his company to do more with less. his comments came as facebook and instagram's parent company meta posted its first revenue decline in history. its stock dropped by more than 4% in after-hours trading. >>> across the country tonight, people are lining up for a shot at more than one billion in friday night's mega millions drawing. it is now the fourth largest lottery jackpot in u.s. history. the billion dollar prize is for winners who choose the annuity option paid over 30 years. by cash option is estimated over $600 million. that's before taxes. >>> all right. coming up next, 50 years later, the inspiring story of the fbi's first female special agents. (male) there are many voices in today's world. everyone is voicing their opinions about everything, and jesus is no exception to that. what if there was a clear voice telling you exactly who jesus is? (male announcer) join dr. david jeremiah as he teaches wh

percent of global wealth, these ultra rich includes tech 1000000000 as ellen musk bill gates and mark zuckerberg. the owner of your been are, are no coil tycoon, mu cachemba county and water kings on sean sean international. and geo oxfam says if the top one percent were taxed just half a percent more over 10 years, many $300000000.00 children out of school could be educated. and more than 3000000 people could get life saving, health care. and even some u. s. millionaires themselves want to pay more tax every morning before sunrise, stephen prince takes a walk on the beach and has revolutionary thoughts. prince is a multi millionaire and a thorn in the side of his peers. he's calling for rich, people like him to be taxed. it's the battle cry of the patriotic millionaires. an exclusive club with 220 members. they say tax in justice is endangering the united states. i to pay tax. nobody likes to pay taxes. but i love this country. and this, the fuel that runs with country is tax revenue. we wealthy people in large corporations that are all getting away with murder by not paying our fair share of t