paypal gave us an opportunity to pursue the vision and reach our ambitions and targets quicker with paypalrking together with them, across their 200 current markets. caroline: what are those ambitions and targets? jacob: effectively, looking at what we've been doing over the last couple of years, the reason why we started the company was small businesses in general are completely underserved in every possible aspect of financial service. the vision for izettle was to provide small businesses with the tools to help them grow and compete with the giants out there. no matter whether it is taking payments or taking e-commerce payments or having access to tools so they can sell online or work with inventory online and off-line, etc., they are underserved in every capacity. the vision for us is to get out there and help all small businesses out in the different markets to grow faster. on average, 96% of all companies or are small businesses. they account for 40% of the gdp in any given market. historically, nobody has really cared about them, neither politicians nor financial service providers.

so paypal was on a straight trend line, if you look at the chart. then had a retracement, and now has been making that back up so the recent spike has been part of that resumption of belief in the story. we think it can continue >> let me ask you this it's one of your largest positions, right >> it is >> the stock husband had a great run of late. it's up, as we said, 11% in a month. you said earlier that you did a little trimming of the portfolio. did you take anything off this one because of the gain it had and how big it is in terms of size in your portfolio >> not this time we had trimmed earlier so the last time when it was -- i think the stock was up about 86% last year. and we had trimmed a little bit. and then when it came back down, you know, we didn't sell anything >> i just wanted to make sure. as we're talking about it. >> here's the set-up in paypal this is a stock that went ballistic into year end. came into january at an rsi of like 80-something, which is as close to an extreme overbought reading as you'll see. anything above 70 tells

meantime, paypal -- for more, bloomberg's caroline hyde in london, take it away.oline: it was such a last-minute deal. anothere hoping to swedish tech company after spotify's listing. i got speak with the cofounder about the sudden decision to sell and whypal is a good place to grow in this competitive landscape. >>t almost a year preparing for the ipo. learly whereheading. very close to listing, paypal started -- initiated discussions with the company. -- ittty quickly became was very clear for us that we shared the same kind of vision when it comes to addressing the needs of the small businesses of the world. looking the size prior to the ipo, we had somewhere in the range of 500,000 merchants using our services across 12 different markets. paypal has in the area of 20 million small businesses that can leverage from what we have built over the last couple of years, effectively through a commerce platform for small businesses to start, run, and grow their businesses. wehus, we came -- with us, came to the conclusion that the visions were very aligned. paypalus an

in this case, i love what's going on right now at paypal. >> i think there was an upgrade of paypal theer day, wasn't there? >> i think there was a series -- >> you know where that is? i'm looking. web bush, they raised their price target -- did a little search -- price target to 100 bucks. that was on friday so, there is momentum behind this name. >> i think so. there's a lot people don't understand the ebay relationship at the same time they have such a great balance sheet. they've been doing m&a and the secular storis so sound. >> doc, you want this one? >> ea, electronic arts we know microsoft is diving hard into this ace.not sayingt has tn m&a play for electronic arts but they're in the sweet spot of gaming today we see unusual activity at the 140 strike they're buying calls there for $2 it's better than buying the stock that's up $35 since beginning of pay so, i like that trade. >> joseph? >> i gave the producers a name we'll get to that in one second. i have to acknowledge something. palo alto netw, i'm getting back into this name at the end of today ceo -- new ceo comes in, buys

that's what i'm saying it's not it's pro rob a shell monster and it's empty paypal any of us didn't get back to us in time for the specific allegations made here what is now happening about injunctions and law against protests against this industry the fracking of cereal and plastics i mean any of us. have been gaming the british legal system in order to tying this injunction and their injunction that they brought in a secret court hearing where no one was able to go and represent themselves no one was able to put a different point of view they were managed to obtain through the chancery call the business called the do not specialist in human rights issues is one of the reasons why in your sim i believe took the case to the to the chancery division. they convince a judge to effectively give them the most draconian interim injunction in british legal history. one of the reasons why it's so draconian is because it's against persons are not now what that means effectively is it's against everything it's against the whole world these injunctions normally are used for as both type situat

that's what i'm saying it's not it's pro rob a sure monster and it's empty paypal any of us didn't get back to us in time for these specific allegations made here what is now happening about injunctions and law against protests against this this in. the fracking of st i learned plastics i mean any of us to have been gaming the british legal system in order to obtain this injunction and then injunction that they. brought in a secret court hearing where no one was able to go and represent themselves no one was able to go and put a different point of view they were managed to obtain through the chant so we call the business call the do not specialist in human rights issues just one of the reasons why in your sim i believe took the case to the to the chancery division. they convince a judge to effectively give them the most draconian interim injunction in british legal history one of the reasons why it's so draconian is because it's against persons unknown now what that means effectively is it's against everything it's against the whole world these injunctions normally are used for as ball

>> what who wants it >> i like it but like paypal better. >> me too, yes >> i like both i like the space i like the secular trend driving anything digital i like it all. but i don't want to own them all. i own mastercard already thankfully it's a huge winner, but if i would buy square or paypal, i feel like braintree, which is basically enabling all the commerce going on the instagram, facebook, when you hit the shopping cart powered by traintree. venmo, not necessarily a profit center but a huge, huge monster growth story in terms of usage all of that is under the paypal umbrella and i want to be exposed to that if i were to buy one of the two. >> plus a great balance sheet. plus a buy-back, plus m&a they just did. >> more established, i agree. >> yeah, i totally agree i think square is amazing. who doesn't appreciate when you see it being used for your own purposes and the data gathering and what they're getting in terms of the client aspect is so enormous, but i think they are all doing it so it's your comfort level of what evaluation you want to pay. >> let's hit another one, snap pr

that is how people are going to pay, with paypal brad jacobs, monstro i will have more to say about rh, restoration, but we have got full empyment and this strength should not come as a surprise to anyone the korean peninsula has gotten more ink than any time since 2006 headliners don't determine stock prices, earnings, and the feds do diplomacy is exciting but not always relevant to the stock market andrew, my home state of new jersey andrew. >> caller: how are you doing i have learned so much from you show alone and with this merger, i bought t-mobile two weeks ago. is it a good buy and a good investment >> look, that is a merger that will be erent, it will be let's say scrutinized in a different way. probably tougher i asked the head of anti trust whether he would look at it and he couldn't tell me everything but it was an indicator. you bought the right one and by the way, john le end dave in california. >> caller: calling from san francisco. >> what's up >> caller: i built up about a half position in van tix from my cost basisould i down m right here >> you know, i like the pay

the others though, they are about obviating the banks all together and my favorite is paypal.cause it is the mobile bank but also the millennial social bank we often call paypal a payment processing play and it is almost an online banking company that cooperates with everybody and has gone global in a terrific platform they at one point years ago, citi seems to be taking on the mantel of the company. bank of america pales in condition to pay pal square has come on strong as a tech leader. then there are the potentially existential threats that i mentioned. and cryptocurrency which are the populous insurgence to the block chain movement as i see it, they are the true reasons for the group's under performance and until the banks regain momentum, their stocks are not going to get their groove back. stick with cramer. at fidelity, our online u.s. equity trades are just $4.95. so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today. >>> china gave us a tough tariff response let's see how it shakes out monday morning >>> i like to say

are not f.a.n.g being going higher paypal is going international making itself popular thanks to venmo. red hat is going higher because it helps on board more traffic to the cloud same for new relic another cloud stock that won't quit that is not part of f.a.n.g. but people refuse to acknowledge it diamond back and pioneer join. there is plenty of stuff in the market that is working you don't hear about it because it doesn't fit the gloomy narrative. here is the bottom line. glum is the word it is all pervasive as investors freak out about president trump's tough trade policy and that is why we have got to have this etf you feel glum, go sell some glum trump got you down, you know what i'm saying, glum. as for me, these stocks are buys into weakness as the negativity at last as of this morning, when i put up this twitter note, anyone, tweet me something positive the negativity, it has gotten completely out of hand steve in illinois. >> caller: jim, thanks for taking my call quick question about portola pharmaceuticals. two fda approvals in the last seven months is this a slow ramp up b

paypal comes the way to bet now that organized gambling online l here is the bottom line, when it comesnewest members of the hundred billion dollar clubs dance with the one that brung you. these executives created tremendous value here. it may seem like ailly way to pick stocks but in a bul market, winners keep winning and nothing says success by joining the hundred billion dollar market capitalization club welcome to the club and stick with cramer. experience the 2018 lexus nx and the nx hybrid with a class-leading 31 mpg combined estimate. lease the 2018 nx 300 for $339 a month for 36 months. experience amazing at your lexus dealer. you mighyour joints...ng for your heart... or your digestion... so why wouldn't you take something for the most important part of you... your brain. with an ingredientlly found in jellyfish, prevagen is now the number one selling brain-health supplement in drug stores nationwide. prevagen. the name to remember. now you can, with shipsticks.com! no more lugging your clubs through the airport or risk having your clubs lost or damaged by the airlines. nding y

via contactless as well as small change, thanks to a partnership between busk in london and the now paypal—owneding whether it's worth installing solar panels in your home? google‘s project sunroof now aims to help homeowners in some parts of the uk find out what savings they could make. it combines machine learning with google earth and maps data, local weather information, and property features, like the angle of your roof. and finally, ever wondered how tight a compression bandage should be? well, engineers at mit have created a colour—changing one to help. high—tech light—tra nsmitting fibres are woven into a conventional bandage, causing it to change colour according to the pressure levels. probably not so great if you're colour blind, though! well, back at hay, it's deep concentration here in the scribblers hut. it's a digital animation and video mapping workshop run by mash cinema. creepy laughter we are creating monsters. and then we're going to animate them. we're using a free app called tagtool on these ipads. you draw the monsterfirst, and then you animate it. the idea is it's teachin

solution but in the past three years we haven't been able to come push this so it's important to show it paypal that we too can make the sort of restrictions that a standard practice in of the european countries of yours. right let's get the latest on these of all the developments now we have our political correspondent nina hasa with us here in studio and we also have maximally on a cushion in munich at the c.s.u. party headquarters good to have you both with us max let's start with you there what exactly does this compromise mean does this mean that they hope for the interior minister is really backing down. well that's what we're still waiting for as a sees you leadership is still having the meeting here in the headquarters in munich there sets i have to give a statement at two pm here in munich the same time this cd you will give their statement and then we'll see what they have to side on now the signals that have been coming out of the had quarters during the meeting have been that silver is willing to back off his initial plan to bypass the german chancellor angela merkel in his plan to

paypal and first data are the two large cap picks in the space.ng for financial inclusion globally and look for the mobile wallet spend trends taking advantage in the market, i think that paypal's got a lot of leg room to run, enormous market competitive advantage. look at clover, they will be bigger than square within 12 to 24 months. both companies, i think, have enormous opportunities and cheaper valuation. >> can we go back to the bitcoin and square topic again, which is, you know, initial reason we had you on, so, it's going to give them the opportunity to trade bitcoin, at least customers in new york state. i assume part of the idea is that eventually the people migrate to using it as an exchange or currency for exchange even though there's a lot of doubt about whether or not that's the real use case for bitcoin. have you thought about that, else in the wake of the report we heard about what the bank of international settlements thinks of bitcoin >> yeah. i'm not as negative as they are. i think there's certainly a place and a lot of foreign

used in consultation with two kinds of paypal one would be a genetic counselor and the other one would be your physician right that in fact a very interesting study was made public today from finland which showed that those tejpal who had a higher than average. test results for things like. diabetes and other diseases actually changed their own environments as a result of getting this information so those people who were smokers cut down their smoking those people started to do more exercise actually a very interesting study that the information that you get which tells you something about the genetic components that contribute to these. traits actually prompts you to make an environmental and just meant to yourself sure and that's very important that's really important well what else could we inherit from our ancestors in terms of personality traits if your great grandfather had a great sense of humor is that something that can get passed down. not really that that's a very complicated kind of trite and is subject to. several different parts of a reddit t. heredity is not only genetic

technical you can use paypal to tension that small amount of power and can easily use it in any and you jump because they need to know millions you didn't think they have in place so at least some of these we can capture enough power the one through for me with a price tag of eight hundred fifty euros the system isn't cheap farmers can lease it though for about one and a happier rose per full content or the investment has paid off for andrew longer a young who is now able to get his milk to the cooperative intact. passy on the other side percy's invention has really helped we started with ten fondness and they've become consistent with that production they don't make losses anymore due to spoiled milk. the nano production. the cooler can weigh milk automatically. there's also an app that keeps track of milk prices and quantities delivered. up to. me. that's somebody off the mighty clintons translate it to. so that if i'm honest exactly these them on two minutes and then know that their month is exactly what i've been collecting through all the money. to case company savannah circuit tec

thanks to a partnership between usk in london and the now paypal own swedish tech firm by zettle.ewares in the uk find out what savings they can make. it combines machine learning with google earth and maps data on the local weather information and pretty features like the angle of your roof. and finally, ever wondered how tight compression bandage should be? engineers at mit have created a colour changing one to help. i transmitting fibres are woven into a conventional bandage causing it to change colour according to the pressure levels. probably not so great if you are colour blind, though. the hay festival is a place to share ideas, to collaborate, and to think about the future. one project which debuted this year was transmission from the uk's natural environment research council. leading scientists we re research council. leading scientists were paired with award—winning artist to create works that would shed light on the science. children's author and illustrator chris horton works with climate scientist doctor emily shuttra to create an animation looking at her work and pro

there are now more transactions made using mobile phones and online services like paypal.s are likely to be with us for a long time yet. banks predict that they will still account for one in six transactions in a decade's time. rob young, bbc news. the duchess of sussex‘s father has given an interview in which he shares insights into the royal couple's relationship and their wedding. thomas markle said he was sure meghan cried when he told her he could not attend the ceremony and despite having not met prince harry face to face, he revealed they had held conversations about politics, including donald trump's presidency, and brexit. our royal correspondent, nicholas witchell, reports. she was the bride who memorably walked up the aisle without her father. thomas markle pulled out of meghan‘s wedding. health problems were given as the reason for his absence. his place was taken for the last part of meghan‘s walk to the altar by the prince of wales. now, in an interview on itv‘s good morning britain, mr markle has expressed his gratitude. i can't think of a better replacement

kimble musk, in the 90s he helped older brother elon launch zip to, and the company that would become, paypal so many people told me, back 2000, 2002, 2005. i missed the opportunity for the internet. i looked at them. i said. yeah, you missed it. it was awesome. real food is the opportunity of your generation. the wave that is coming, will blow your mind. >> what does that mean? >> real food is the new internet. means that -- young entrepreneurs getting into food today, whether bringing real food, that just tastes much better, that's food that you trust to nourish your body, trust to nourish the farmer and trust to nourish the planet is the opportunity of our generation. >> musk still works with his brother's ventures, tesla and space x, but this is his personal venture that's become a life's work. replacing high calorie foods with healthier ones. >> try that one. >> it is ambrosia. really good. >> nutritious, delicious, kale chip. that kid love. >> it is fried? >> it is fried. super nutritious. most nutritious vegetable. alternative to french fries that kid just love. >> musk always had an i

there's one goal that was more important on this it was the last one he went to panama felipe paypal in the seventy eight minute pizza just take us through this goal and say white stick. it's significant because belgium took. their place she gains they got six points and their goal score was eight to two now at this point they did were leading the group so they obviously playing the second game they would get the six points and at that time the goal scoring was a two one to one for the pick one or score this goal. to equal the and then you know and this is significant in terms of who's going to win the group so who's going to play the run a shot from the front page. who's for freedom up to who's going to play the winners from group h. since people thought he's in the belgian level on points level on goal difference level on goals scored they are at the moment completely all square let's take you through some of the goal action so he's the big defender he's got to be the pharaoh much of england goals and missing. no one looked at john stones that no one the exploited the big because y

and my portfolio could have been bigger i have am vi, paypal, dominion and anally. >> we will have tolly. i don't know what they own boeing, aerospace, fantastic dominion, i like and i am giving you jpmorgan and that is the kind of diversification. i feel bad for amgen i will rename my dog bug amgen and then everything will be okay stick with cramer. while maintaining a level of protection in down markets. so they're less concerned with market volatility and can focus more on the things they're passionate about. talk with your advisor about shield annuities from brighthouse financial- established by metlife. but as it grew bigger and bigger,ness. it took a whole lot more. that's why i switched to the spark cash card from capital one. with it, i earn unlimited 2% cash back on everything i buy. everything. and that 2% cash back adds up to thousands of dollars each year... so i can keep growing my business in big leaps! what's in your wallet? >> spent a lot of time analyzing this and the unemployment number is indeed an important number that we get. it colors almost the entire month and

square and paypal. none of these companies need china. they go higher all people are doing is looking at china, non-china, growth, buy. he seemed a little subdued because of inventory levels. marcus lemonis on tuesday night as well as the ceo of camping world said things that are similar. winnebago took all of that off the table. if that excess inventory has taken off, it can soar again the flip side is of course without growth, your stock is going to get punished and maybe punished beyond all recognition. oracle just reported a surprise. the story here is about on premise information technology migrating to the cloud oracle changed the way it reports. the co-ceo mark hurd on the quarter, on the conference call, a nothing burger he called it a nothing burger. but the analyst acted like it was a double cheese baconater from wendy's and the stock swiftly plunged 70%. if you want real ugly, just start at starbucks because they are having an in your face slow down while insisting that nothing is wrong. a nothing latte. starbuck starbucks' gro

the payment processors, a lot of winners to get to where we are the ones i look at are square and paypal the fact is that both stocks are visible winners and reminder this payment story in how its early innings for both stocks. jack dorsey runs square and twitter. other nontech stocks that are getting its due. i see others are keen on gill yad today. and if we are talking nasdaq, we have to talk starbucks where howard schultz stepped down as executive chairman some fear a new stream of insider selling. others just wanted howard around longer to help the ceo and f.a.n.g itself can never be dismissed. google turns out to be a winner. advertisers need your consent to target you with product. these regulations are basically a give away for google and for facebook now there was time when facebook and amazon were both in the government cross hairs today "the new york times" tried to stoke the coals all i can say is of course they do and most people don't mind as there is no expectation of privacy when you post something on facebook or instagram get serious. amazon's crime, it got on the presid

paypal crossing $100 billion market cap. how ambitious are these u.k. fintech companies?> i think they are. i think they realize they are causing waves, there are concerns the banks have in the older players, but actually there is still so much more expansion for them. they have only gotten the tip of the iceberg. i spoke about this to samir desai. have a listen. >> it is incredibly exciting to see companies doing well, but there's a long way to go still in terms of penetration. >> still so much more loans to be given to the small and medium-size enterprises compared to that of the banks at the moment, so they feel they have plenty of market share in the u.k. plenty more on your side of the coast in the united states. they have a presence in the u.s., but they are beating up in germany and the netherlands as well. emily: i have to ask about this comcast bid for fox, which has new implications for the comcast potential takeover of sky. it has a new twist. sky investors could benefit, or not. caroline: it's interesting as to whether or not this could push up the valuation,

caroline: businesses eyeing going public -- we've had the likes of -- being snapped up by paypal in the.s. engeneco could go private again. these companies, they know this space so well. they take them private and then five years later, they take them public again and then two years, they are private again. the carousel goes on. caroline: yes, there's politics at play. how much is there looking towards normalization in rates? is it the normalization pushing people to splash the cash? >> when they can right now because they don't know what's coming next. you have the threat of a looming trade war between u.s. and china. how does that affect m&a? valuations are so high, you often do a story and in the stock moves up and then you have the company saying hang on a minute, maybe this doesn't make sense. story, the takeover target shares moved over. down,quirer shares went so investors weren't happy. caroline: we love it. always great to get your perspective. thank you very much. we will get back to the travel ban being upheld by the supreme court in just a moment. the president just weeding

they are owned by paypal, right? i'm just saying. i know it's not in the chart, but anyway >> i know. >>> still ahead, highlights from cnbc's exclusive interview with howard schultz and whether a presidential run by the coffee tycoon is for the good of the country and the economy. >> plus, shares of u.s. steel maker up 11% since the trump administration first proposed tariffs back in march. could retaliatory actions hurt their bottom line? the company's ceo weighs in next reach out to the show on twitter, facebook, e-mail us the closin iba itw anyone can get you ready, holiday inn express gets you the readiest. because ready gives a pep talk. showtime! but the readiest gives a pep rally. i cleared my inbox! holiday inn express, be the readiest. >>> welcome back, u.s. steel companies trade higher off exemptions expiring friday joining us n is tim timken in march, you were a supporter of the tariffs where you stand today, and, in particular, would you have liked to have seen the tariffs placed on more countries like china with united f

paypal i happen to love paypal. >> the dogs -- we're going to talk to faber in a minute about comcastsney, fox a lot to get to this morning we'll monitor gary cohn, and the first chance we've heard from him. when we come back, mark mahaney has a few challenges involving amazon as you know, the dow and s&p is coming off the highest loss since june and a drop on the nasdaq would be the first since may and the futures look pretty good here. back in a minute find the remote yet? nah. honey look, your old portable cd player. my high school rethainer. oh don't... it's early 90s sitcom star dave coulier... cut...it...out! [laughing] what year is it? as long as stuff gets lost in the couch, you can count on geico saving folks money. fifteen minutes could save you fifteen percent or more on car insurance. that's confident. but it's not kayak confident. kayak searches hundreds of travel and airline sites to find the best flight for me. so i'm more than confident. how's your family? kayak. search one and done. ♪ ♪ ♪ >> comcast making its bid for fox assets official. our david faber has the story

one heavyweight in attendance, max levchin, who cofounded paypal it is not trying to build the firstern bank for a younger demographic, starting with point-of-sale alone. he joins us from new york. max, thank you for joining us. progress report, you have raised valuation,llion, the and have made a promise that a firm is going to be something big. what makes you think it can be a giant in consumer financing, next to traditional and nontraditional players, given what you have seen over the last few years? max: i think there are some secular trend that we have created and the time is now. the biggest one is the new generation is mobile first, completely plugged in, and differentiates frame much on the notion of transparency and simplicity. young people today want to bank and to do with financial products that are honest, but tell them exactly what the cost will be, and have no gotcha's. this is hard for traditional players, where fundamentals are built on unfair advantages, to speak to that audience. i think that is where the opportunity of fintech is. you launched -- emily: you launche

ebay had previously been a partner of audience rival paypal.lsoft announced they purchase the programming site github. microsoft which is increasingly relying on open source software. i spoke with the ceo and asked what github adds to microsoft now and in the long run. satya: if you think what's happening in the world around us, computing is in everything. it's impacting our daily lives and economy from precision agriculture to precision medicine or personalized education, personalized banking and is driven by software and every company is becoming digital and that world is being developed by developers. in fact, a linkedin stat, shows that development in in nontech companies like retail, energy, is growing double digits. 25% higher growth rate there than even in the tech companies. that shows we are in the very early innings of what is going to be a set of tools and staff services that are required to empower every developer out there. so that's the real strategic rationale. if you think about microsoft, we've always been a developer first com

i am recommending a stock, paypal listen, we will put on the best idea of the areas exciting, square, mastercard, global payments, this is the charmed area this is what people like just keep it in mind you can throw a dart at it and you would get an "a. >> fascinating world >> is it >> yes >> tim armstrong tonight listen to what he told him in an earlier conversation >> it's really about 5g. verizon has been the leader. 5g is where the world is going today's announcement with hans coming in at ceo really tells you how serious about 5g and building the next layer of connected consumers. this is a signal, a leadership sign that verizon will be the leader. >> there's more of that. >> yes one of the things i want to emphasize is he is talking about making sports again. you will put nfl games on. he knows that he lost the fantasy contingent to espn he will take them back is what he says. he says, jim, you are not going to do it on espn you will do it on yahoo like everybody else. >> you saw the amazon english premiere league news yesterday >> i mentioned that. maybe this is the beginning o

ebay had previously been a part of the rival paypal.ing up, the government needs to overhaul its strategies on cyberattack. our conversation with crowdstrike ceo george kurtz next. this is bloomberg. ♪ emily: i am emily chang in san francisco and this is "bloomberg technology." being hacked, just the threat of the cyber attack is enough to keep companies up at night. the bank of england, a new internal watchdog report has identified cyberattacks as a major risk that could lead to the demise of the institution. on this side of the atlantic, a u.s. state department report says the government needs to overhaul its strategies for stopping cyberattacks. that is coupled with concerns that u.s. elections are increasingly at risk for the current primary and november's midterm elections. for more on this, i want to get to bloomberg's caroline hyde in london with a special guest. caroline: the special guest is george kurtz, the ceo of crowdstrike, helping analyze these threats and the banks that are exposed. talk to us first about u.s. election m

by a lot ofchosen companies that will be using toen, as well as paypal, process payments.ublic at 240 and is now trading at 424. you like to see a pop at the start of trading to a hot stock. we are now with that cio of latitude investment management. -- the cio of latitude investment management. i am always worried when i see a jump,ut banks that take companies public want to have that in busy yesterday pop. enthusiastic pop. do you think 76% is too much? freddie: i think it is a good thing. and a lot of other people will be potentially opening rsps with them. it is not a bad thing to be catching headlines from that. there is still money to be made by the owners of this ipo. it is a positive factor. guy: is technoly story? is this a technology company, the kind of technology europe can bring to the table? eddie: we don't really have the technology sector in the u.k., we slightly missed that internet sector. the united kingdom has a big push forth in tech as well -- in fintech as well. we have to watch whether this is a threat or an opportunity to banks. this is a very expe

you have the internet association that represents companies like e-bay, uber, paypal, speaking out aboutulation policy is complex. it impacts every sector of the company including every internet facility. that makes the process around this more concerning. facebook is an interesting one. they're on the other side of some of their friends in silicon valley. i was on a call with facebook's ceo, sheryl sanberg yesterday. she spoke out in support of the law because facebook already made the changes. >> trace: if i'm google or facebook, how long does it take? >> in 2020. the key thing here, the law gives the right to sue companies if they're not protecting data. if you're data gets scooped up in a hack, you can get some cash out of it. >> trace: i'm sure the lawyers are all over that one. hillary vaughn, thank you. the cost of your favorite soda won't be going up any time soon. jerry brown signed a bill that banned cities and counties from taxing soda and other drinks for the next 12 years. it's a major win for the beverage industry and defeats the state's public health advocates that had arg

so elon musk might know a lot about taking a payment company like paypal public but elon musk does not necessarily know anything about puddles. and infrastructure. and we should not necessarily assume that just because somebody is good at one thing that they are also an expert in something else. it's an important point in understanding misinformation. also want to talk about stickieness. so cognitive psychologists have done a lot of work on how do people perceive risk? right? the psychology of risk perception is totally fascinating and it has a lot to do with understanding the psychological processes behind misinformation. there is one cognitive psychologist who does a really great job out of oregon. i totally recommend reading his work the perception of risk. one of the things psychologists say is they talk about the difference of stickieness between anecdotes and statistics. cousin's ou that my sister in-law's kid got killed by a falling television, you're like oh my god. that's horrifying. and it's somebody that i know so you feel like you know me so you can imagine this poor little

it's paired with venmo come is backed by paypal.use it at businesses that do not accept mobile payments. >>> think think of asking for a raise --g of asking for a raise? there's a good time and a bad time to ask. >> always awkward. matt keller has information that might help you. >> reporter: is there a best time to ask for a promotion? the stars of "shark tank" say the ideal time to ask for a raise is when the atmosphere is happy. is there a day of the week when you should definitely not ask your boss for a promotion? rebecca jarvis talked about it on "good morning america." what's the morning not to ask for a promotion? >> you do not want to ask on a friday. the reason is that boss is ready to get out and enjoy the weekend. you want their full attention. plant the seeds along the way. invite them to a nice coffee sometime in the middle of the week. and start asking. >> reporter: abc7 news. >>> amazon priep membeme member see more discounts when shopping at whole foods markets starting wednesday. prime members will see 10% off hund

via contactless as well as small change, thanks to a partnership between busk in london and the now paypal—owned with google earth and maps data, local weather information, and property features, like the angle of your roof. and finally, ever wondered how tight a compression bandage should be? well, engineers at mit have created a colour—changing one to help. high—tech light—tra nsmitting fibres are woven into a conventional bandage, causing it to change colour according to the pressure level. probably not so great if you're colour blind, though! well, back at hay, its deep concentration here in the scribblers hut. it's a digital animation and video mapping workshop run by mash cinema. creepy laughter we are creating monsters, and then we're going to animate them. we're using a free app called tagtool on these ipads. you draw the monsterfirst, and then you animate it. the idea is its teaching these children more about the art of animation. the software is fairly intuitive. the animating function records the motion of your hand. because it's done on an ipad, you can literally create a 2—d digital

twitter, 29, paypal, 14, netflix, 14. the chips, broadcom and qualcomm, baba, amazon, tech has been the place to be >> it's still going to be the place to be. we have heard so many times over the past number of years that the market can't go up unless financials participate well, guess what they haven't participated over the last few years and they haven't participated sxept for today -- >> at some point, isn't tech going to top out doesn't something need to join this not that financials aren't they're having a good day, the best day in several. but you need more than that. >> i think tech is going to continue to surprise on the upside companies like microsoft with their workplace analytics. as you get to the level, as as a matter of fact, you have arrived at more jobs open than people available to fill them, you have to increase productivity that's been a laggard. what do you do if you can't find people you have to increase the tools that are used to make them more productive that's tableau, that's microsoft, adobe, all

the billionaire founder of paypal who is way more radical than people think he is. he thinks women getting the right to vote is a tragedy. i'm just saying. but-party teal didn't like the way that gawker covered him as a silicon valley guy. so he killed gawker as a news agency. as a news organization. before he did so, one of their many, many, many, many scoops was that gawker was first to report on the scene of condoleezza rice buying thousands of dollars' worth of italian shoes at the ferragamo store in new york city while new orleans flooded and the administration she was a senior member of basically didn't respond at all. this was the gawker report from that day. "just moments ago at the ferragamo on fifth avenue condoleezza rice was seen spending several thousands of dollars on some nice new shoes. a fellow shopper, unable to fathom the absurdity of rice's timing, went up to the secretary and reportedly shouted, how dare you shop for shoes while thousands are dying?" gawker continues, "never one to have her fashion choices questioned, rice had her security physi

. >> confusing story must be bought >> a lot out there paypal that kind of got dislocated >> $83 it was at $73. the two things that happened is everybody thought every single tech company is going to be hurt by the problems with nxpi, there would never be another takeover bid, and then amazon was ng to desty a lot more stories than just retail including some tech stories. those have died out. died out >> let's bring in pete najarian in the conversation from minneapolis today. i wanted to bring you in here because what you're seeing in the options market plays right into this story. the bullish bets are increasing by the day >> yeah, it certainly does, scott. not only are peopl money the table in their june calls that they had bought a while back, but they're rolling those up and buying more, expecting to see more of a breakout to the upside we saw june paper early on, 20,000 of the upsidealls bought 174, actually, on the triple qs, excuse me, and we're also seeing august paper in there as well, even higher up i don't think it's over with i agree with jim, he talked about amd. that's one

via contactless as well as small change, thanks to a partnership between busk in london and the now paypal—owned learning with google earth and maps data, local weather information, and property features, like the angle of your roof. and finally, ever wondered how tight a compression bandage should be? well, engineers at mit have created a colour—changing one to help. high—tech light—tra nsmitting fibres are woven into a conventional bandage, causing it to change colour according to the pressure level. probably not so great if you're colour blind, though! well, back at hay, it's deep concentration here in the scribblers hut. it's a digital animation and video mapping workshop run by mash cinema. creepy laughter. we are creating monsters, and then we're going to animate them. we're using a free app called tagtool on these ipads. you draw the monsterfirst, and then you animate it. the idea is it's teaching these children more about the art of animation. the software is fairly intuitive. the animating function records the motion of your hand. because it's done on an ipad, you can literally create a