taylor: that was twitter cfo ned segal.was a positive picture for software giant microsoft as the company reported first-quarter growth in nearly every arena on wednesday. sales and profits topped analyst projections, lifted by demand for azure, cloud computing, and the cloud-based version of microsoft office. we talked to jefferies analyst brent thill. brent: the cloud -- they are crushing it. it is absolutely incredible, a $33 billion run rate that they accelerate actual constant currency growth from 15 up from 14 last quarter. they have really embraced the shift to cloud, so the cfo, amy hood, and the ceo, satya nadella, really got ahead of this, ahead of anyone. they are taking share from oracle, ibm, many others in the industry. and we think that the momentum continues. what is notable is they have massive backlog, meaning many of the contracts they are signing, they are not recognizing revenue in the quarter, but they are recognizing the revenue over multiple periods. the future for investors is incredible, because th

i spoke all about that with twitter's cfo, ned segal. would start by saying that advertiser sentiment continues to be strong. but we did see more seasonality than we expected in july and august, and we also had a couple of product related issues, where some settings did not work as expected, which we realized during the quarter. that impacted us by about three or more points in q3, and we expect it to have four or more points of impact in q4. taylor: so fixing those settings is good for the consumer, the user perspective. how is that going to impact your financials perhaps even more into 2020? ned: we are working to remediate these things. remediation first means communicating clearly, so people understand when something did not go the way we expected it to, to the people who were affected and our stakeholders. there were tweets about this stuff during the course of the quarter. second is to make the setting work the way that we had expected it to. and then, we work with partners and we think internally about the best way to make sure th

of twitter about what's taking place here their earnings out ned segal. clients, etfs can follow an index, but which ones target your goals? it's not about quantity. it's about quality. no trendy stuff. i want etfs backed by research. is it built for the long-term? my reputation depends on it. flexshares etfs are designed and managed around investor objectives. so you can advise with confidence. before investing, consider the fund's investment objectives, risks, charges and expenses. go to flexshares.com for a prospectus containing this information. read it carefully. about being a scientist at 3m. i wanted them to know that innovation is not just about that one 'a-ha' moment. science is a process. it takes time, dedication. it's a journey. we're constantly asking ourselves, 'how can we do things better and better?' what we make has to work. we strive to protect you. at 3m, we're in pursuit of solutions that make people's lives better. >>> still to come, breaking economic news on jobs and manufacturing. twitter c.e.o. will join us live he's on a conferenc

ned segal comes to realize as a cfo the spokesperson for the firm, you know, i come back and i say, look, it is still a must buy if you want to introduce the joker. you want to buy on twitter but they did have seasonality and when you listen to the companies that are like snap, they don't talk about seasonality. because the growth path is so good so twitter's self inflicted wounds how they address privacy issues twitter ad serving not necessarily perfect. twitter still vital as a buy for advertisers. the thing that i guess made so it that you are not going to see a bounce is he did say the problems will continue in the fourth quarter you never want to hear that, because what it says is, you will get gob smacked again so i find twitter even down 6 to be a tough buy i just was kind of flabbergasted that they made so many mistakes, themselves >> do you think it's as critical ad buy given the number of critical outlets coming online this year and next that will be possible ad poet surface. >> i take twitter when he says you want to know where the joker got the best impressions, it was on twi

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