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Oct 22, 2020
10/20
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CNBC
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at quibi headquarters in los angeles, california it's 11:00 a.m. on wall street and "squawk alley" is live ♪ hey i'm not giving up today ♪ ♪ nothing is getting in my way >>> good thursday morning. welcome to "squawk alley." i'm carl quintanilla with jon fortt and julia boorstin for the hour a big story this hour is quibit as we talk about the shutdown six months after the launch. julia, we thank you for bringing it to us and so many questions to get to about what is to blame, what happened to the capital that was used and what happens now? >> that's right, carl this was an audacious bet to begin w a lot of questions about whether this could be pulled off and many people told me when jeffrey katzenberg announced and brought meg whitman onboard it was a crazy idea but if anybody could pull it off, he could. it is interesting to see what happens now when, in account fa, he could not pull it off obviously a big risk a lot of money on the line they raised nearly $2 billion. we'll have to see, jon, how they figure out how to pay some of that back to inve
at quibi headquarters in los angeles, california it's 11:00 a.m. on wall street and "squawk alley" is live ♪ hey i'm not giving up today ♪ ♪ nothing is getting in my way >>> good thursday morning. welcome to "squawk alley." i'm carl quintanilla with jon fortt and julia boorstin for the hour a big story this hour is quibit as we talk about the shutdown six months after the launch. julia, we thank you for bringing it to us and so many questions to get to about...
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Oct 22, 2020
10/20
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BBCNEWS
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i think the idea for quibi isn't a bad one.here is the idea that maybe quibi would be used by commuters on the train to catch up by commuters on the train to catch up with content. that didn't happen, obviously, as commuting is way down. when it came to the content itself, there was nothing standout that eve ryo ne there was nothing standout that everyone was talking about that you had to get onto quibi to watch. it was also subsection —based sea had to pay for it and it was competing against the likes of youtube, which is free. you have to sit through adverts, but it is free. for all of those reasons, quibi didn't do as well as they thought they would do. but, you know, yesterday's announcements showed that they went just doing badly, they were doing really, really badly. and i think thatis really, really badly. and i think that is the surprising thing to many. it was the new and coming thinkjust six months ago and it is now a dead in the water. and james finishes that remarkable story, really, i think a lot of people have bee
i think the idea for quibi isn't a bad one.here is the idea that maybe quibi would be used by commuters on the train to catch up by commuters on the train to catch up with content. that didn't happen, obviously, as commuting is way down. when it came to the content itself, there was nothing standout that eve ryo ne there was nothing standout that everyone was talking about that you had to get onto quibi to watch. it was also subsection —based sea had to pay for it and it was competing against...
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Oct 22, 2020
10/20
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BBCNEWS
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what happened with quibi is extraordinary. it was only launched six months ago.t is. the idea of quibi was a good one because a lot of people watch content on their phone so why not create content for peoples' phones, so they filled things in horizontal and vertical specifically for your phone, but there were lots of issues. the first one was a lot of investors thought, and this would be great for the commuter, greater people say on the train, watching content on their phone. it was launched in april at the peak of covid—19, and obviously commuting, well, who commute anymore? that was a big issue. ithink who commute anymore? that was a big issue. i think also in terms of content there were no standout pieces of content that eve ryo ne standout pieces of content that everyone was talking about that you had to get onto quibi to see and also the business model, it was subscription —based, you had to subscribe. there is lots of content out there in chunks of 8—10 minutes which is what quibi was doing, look at u—tube. you have to sit through ads, but there is a lot of
what happened with quibi is extraordinary. it was only launched six months ago.t is. the idea of quibi was a good one because a lot of people watch content on their phone so why not create content for peoples' phones, so they filled things in horizontal and vertical specifically for your phone, but there were lots of issues. the first one was a lot of investors thought, and this would be great for the commuter, greater people say on the train, watching content on their phone. it was launched in...
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Oct 22, 2020
10/20
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KNTV
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why quibi could not find an audience. >>> new at 11:00 for you, quibi, streaming service designed to view on your phone was shut down. the service made the announcement six months after its debut. the company was founded by hollywood producer and former hewlett packard ceo. they made the decision to wind down the business after the return cash -- and return that cash to shareholders. cnbc shareholders say quibi projected more than 7 million subscriber after its first year. it only had about half a million subscribers as of a few weeks ago. >>> trending for you this morning, a new beat from a late hip hop star, notorious b.i.g. take a listen. ♪ up to 12,000 >> 23-year-old previously unreleased freestyle sings the praises of pepsi. now that soda giant is transformed into an advertisement. that track was remastered to honor the brooklyn wrapper's induction into the rock 'n' roll hall of fame. can't believe he has been gone for 23 years now, kari. final look at that forecast for us. >> yeah. we are going to still have some warm weather for the valleys today, but this is a positive change
why quibi could not find an audience. >>> new at 11:00 for you, quibi, streaming service designed to view on your phone was shut down. the service made the announcement six months after its debut. the company was founded by hollywood producer and former hewlett packard ceo. they made the decision to wind down the business after the return cash -- and return that cash to shareholders. cnbc shareholders say quibi projected more than 7 million subscriber after its first year. it only had...
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Oct 22, 2020
10/20
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CNBC
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we appreciate it. >>> coming up, quibi short videos were short lived.and for the new hummer and airbnb flexes its design muscle it's coming up in "rapid fire" right after this at calvert, we know responsible investing is hard. if you're concerned about the environment and climate change, how do you find companies that are driving the right outcomes? if you care about economic equality and social justice, which firms are addressing it in their workplaces and their communities? for nearly 40 years, calvert has delivered competitive returns by investing in companies making a difference because we see value in doing good. talk to your financial advisor about investing responsibly with calvert. the annual enrollment period is here. the time to choose your coverage... ends december 7th. so talk to unitedhealthcare and take advantage of a wide choice of plans... including an aarp medicare advantage plan from unitedhealthcare. it can combine your hospital and doctor coverage with prescription drug coverage, and more, all for a low monthly premium or in some are
we appreciate it. >>> coming up, quibi short videos were short lived.and for the new hummer and airbnb flexes its design muscle it's coming up in "rapid fire" right after this at calvert, we know responsible investing is hard. if you're concerned about the environment and climate change, how do you find companies that are driving the right outcomes? if you care about economic equality and social justice, which firms are addressing it in their workplaces and their communities?...
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Oct 21, 2020
10/20
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BLOOMBERG
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we have breaking confirmation from quibi, announcing intention to wind down the business, quibi of coursezenberg and meg whitman, saying they are ending the business. we will be watching to see how that story unfolds. that does it for this edition of "bloomberg technology." i'm emily chang in san francisco. a programming note, tomorrow evening, we will have full coverage of the last presidential debate. we hope that all of you will join us. ♪ -- presidential debate at 8:30. we hope all of you will join us. so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. - hey. - [narrator] she takes two prescriptions. kate's son jack, takes one too. kate works hard, and thought she had good insurance. but she still pays t
we have breaking confirmation from quibi, announcing intention to wind down the business, quibi of coursezenberg and meg whitman, saying they are ending the business. we will be watching to see how that story unfolds. that does it for this edition of "bloomberg technology." i'm emily chang in san francisco. a programming note, tomorrow evening, we will have full coverage of the last presidential debate. we hope that all of you will join us. ♪ -- presidential debate at 8:30. we hope...
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Oct 22, 2020
10/20
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CNBC
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david, i know we're going to talk quibi we're going to talk quibi later on this morning.o many questions today about what role the pandemic played, was $1.8 billion a enough on a day where at&t, hbo max goes to almost 29 million subs >> yeah. hbo max, 38 million. where they are right now and it is interesting, you're going to have an opportunity to talk to them, carl, to jeffrey katzenberg and meg whitman who are coming on and facing it and saying, listen, we would rather give money back right now, it didn't work. and many people had their questions about the service to begin with, whether there really was a desire, need for the short form sort of high end content. and yet when you look at katzenberg and whitman, you're, like, if two people potentially figure this out, it would be those two. we did speak to meg whitman when the service began and was only six months ago and despite the pandemic, she was sounding a very positive note >> david -- >> it is one of the most successful launches of a completely new brand and a completely new app and interestingly, we did see that
david, i know we're going to talk quibi we're going to talk quibi later on this morning.o many questions today about what role the pandemic played, was $1.8 billion a enough on a day where at&t, hbo max goes to almost 29 million subs >> yeah. hbo max, 38 million. where they are right now and it is interesting, you're going to have an opportunity to talk to them, carl, to jeffrey katzenberg and meg whitman who are coming on and facing it and saying, listen, we would rather give money...
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Oct 22, 2020
10/20
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KPIX
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and the streaming service quibi is shutting down.ll, you're in new york with those stories and much more. >>> stocks ended lower yesterday as prospect of more stimulus before the election appears to dim. the dow dropped 97 points. nasdaq fell 31. the s&p 500 shed seven. turning to the latest on the stimulus package. nancy pelosi and stephen mnuchin plan to meet again today after making head way yesterday on legislation. it comes after senate democrats blocked a $500 billion coronavirus relief bill proposed by republicans. democrats argue the plan didn't go far enough to help americans. and yesterday on twitter, president trump cast doubt on a deal before election day. >>> the short form video ad quibi is shutting down six months after going live. they struggled after launching during the pandemic says they tend to wind down the operations and start a process to sell the assets. the founder said "the world has changed dramatically since quibi launched." the service offers entertainment and news and episodes of ten minutes or less targ
and the streaming service quibi is shutting down.ll, you're in new york with those stories and much more. >>> stocks ended lower yesterday as prospect of more stimulus before the election appears to dim. the dow dropped 97 points. nasdaq fell 31. the s&p 500 shed seven. turning to the latest on the stimulus package. nancy pelosi and stephen mnuchin plan to meet again today after making head way yesterday on legislation. it comes after senate democrats blocked a $500 billion...
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Oct 22, 2020
10/20
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KGO
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>> a quibi.. >> reporter: the streaming service launched in april backed by a who's who of hollywood power players like steven spielberg, queen latifah and reese witherspoon. but the a-list talent wasn't enough to save the service. ceos jeffrey katzenberg and meg whitman announced the shutdown and apologized to investors and employees. the executives acknowledged that maybe the platform wasn't destined for success because the idea itself wasn't strong enough to justify a stand-alone streaming service or because of our timing, adding, we suspect it's been a combination of the two. according to "the wall street journal," the company has been riddled with problems from lack of viewership to a multimillion-dollar lawsuit for violating patents. still, how is it that with so much star power, quibi, the billion-dollar promise, could possibly flop? >> it's not enough to have stars. it's not enough to have original content. you need to be very aware of what the market will hold, what your audience is, wha
>> a quibi.. >> reporter: the streaming service launched in april backed by a who's who of hollywood power players like steven spielberg, queen latifah and reese witherspoon. but the a-list talent wasn't enough to save the service. ceos jeffrey katzenberg and meg whitman announced the shutdown and apologized to investors and employees. the executives acknowledged that maybe the platform wasn't destined for success because the idea itself wasn't strong enough to justify a stand-alone...
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Oct 23, 2020
10/20
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CNBC
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their project, quiby fails miserably and expeditiously, and they took the blame. >> you know, in the i think all we can do -- all we can do is own it. for sure there was risk involved in it. i think all of us expected a much better outcome, a much bigger outcome from this. >> it was clear that for whatever reason this was not going to be as successful as jeffrey and i had hoped. we took stock of where we were and see said the best thing to do, honorable thing to do is return money to share holders. >> for me i have got to get back up on the horse and find the next mountain to charge up it is the only thing i know how to do. i have a lot to prove. >> they didn't blame covid the company did raise $2 billion from funding from major media companies like disney, fox, and our parent company, nbc uniform. also jp morgan and dwoekz. according to the tech website, the information, quiby will return about $350 million to shareholders >>> a token of love resurfaces after 15 years, and a dramatic rescue caught on camera as we take a cnbc trip coast to coast. >> california. firefighters jump into
their project, quiby fails miserably and expeditiously, and they took the blame. >> you know, in the i think all we can do -- all we can do is own it. for sure there was risk involved in it. i think all of us expected a much better outcome, a much bigger outcome from this. >> it was clear that for whatever reason this was not going to be as successful as jeffrey and i had hoped. we took stock of where we were and see said the best thing to do, honorable thing to do is return money...
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Oct 22, 2020
10/20
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CNBC
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quibi. it is open, it is available no somebody to do something else.ounds like a submarine sandwich place, isn't it? no, that is quizno's >>> southwest reporting they lost $1.99 a share, smaller than what analysts were expecting and also revenue was barely above -- a little above wall street forecasts as well you can see the stock, that is not a v, but it is sort of trending higher. up a little bit today. beck >>> and when we come back, we'll talk more about what is moving markets this morning as stimulus talks make slight progress, probably emphasis on slight, not on progress. you can check out the s&p sectors lacking this week led lower by energy. and plus we're awaiting results from american airlines we will have an exclusive interview with the company ceo after the numbers hit. doug parker will be joining us, so stick around. at calvert, we know responsible investing is hard. if you're concerned about the environment and climate change, how do you find companies that are driving the right outcomes? if you care about economic equality and social jus
quibi. it is open, it is available no somebody to do something else.ounds like a submarine sandwich place, isn't it? no, that is quizno's >>> southwest reporting they lost $1.99 a share, smaller than what analysts were expecting and also revenue was barely above -- a little above wall street forecasts as well you can see the stock, that is not a v, but it is sort of trending higher. up a little bit today. beck >>> and when we come back, we'll talk more about what is moving...
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Oct 22, 2020
10/20
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KNTV
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. >>> quibi is shutting down and if you don't know what quibi is, that's why it's shutting down. >>>aypal will start offering transactions in crypto currency, including bitcoin. you'll be able to do that on paypal and first-time jobless claims here in 15 minutes. >>> here's an interesting problem. how many christmas trees does the united states need? if families aren't getting together for christmas or one common tree, do we need more? or if we're skipping the family thing will we decorate and need fewer. the largest amount of artificial trees are here in the bay area and some people have already started decorating. >> people are thinking about christmas. i got texts from friends who put up their christmas trees which feels so early but people are looking for those sources of joy. so they're putting up their trees and their decorations early. >> marcus and laura, this is also a problem i was reading in the newspaper for turkey farmers. we don't need a whole turkey if nobody's coming for thanksgiving. they have a lot of turkey. >> but then you can make -- >> there's always a lot of le
. >>> quibi is shutting down and if you don't know what quibi is, that's why it's shutting down. >>>aypal will start offering transactions in crypto currency, including bitcoin. you'll be able to do that on paypal and first-time jobless claims here in 15 minutes. >>> here's an interesting problem. how many christmas trees does the united states need? if families aren't getting together for christmas or one common tree, do we need more? or if we're skipping the family...
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Oct 22, 2020
10/20
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CNNW
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. >>> much like its content, quibi didn't last long, the short form video app is shutting down six monthsfter it launched. it is a major initiative backed by jeffrey catsenberg, and the company struggled after launching during the pandemic in a crowded streaming market. quibi plans to return the remaining cash for investors and look for buyers for its assets. >>> an extraordinary move by a pro sports franchise, the seattle storm is endorsing the biden/harris ticket. you don't often see sports teams endorse candidates but the storm has done this before. over the summer, they backed a democratic opponent of republican senator kelly loeffler who co-owned the wnba atlanta dream. the storm has supported black lives matter. by contrast, brett favre asked president trump in a town hall how pro sports should support an antiracism position without alienating fans and losing ratings. >>> coming to a sam's club near you, robot janitors, the big box chain deploying 400 autonomous floor scrubbers to its stores during the pandemic. hundreds are already in place at sam's club locations but now there wil
. >>> much like its content, quibi didn't last long, the short form video app is shutting down six monthsfter it launched. it is a major initiative backed by jeffrey catsenberg, and the company struggled after launching during the pandemic in a crowded streaming market. quibi plans to return the remaining cash for investors and look for buyers for its assets. >>> an extraordinary move by a pro sports franchise, the seattle storm is endorsing the biden/harris ticket. you don't...
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Oct 22, 2020
10/20
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KGO
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. >>> quibi is calling it quits.ng service built on short videos has shut down after just six months in business. the los angelesbased company struggled since launching during the pandemic. quibi says subscribers will receive notifications regarding the last day they can access the platform. the streaming service failed despite the backing of some of hollywood's biggest names. investors lost an estimated 1$14 billion. >>> look at this google photos is offering to print and deliver your recent pictures for a flat fee. customers can have ten images printed and shipped every month for $7. the services uses artificial intelligence to select your best shots, but you can overrule the recommendations and pick them yourself. i think this is cool. you ever think like you don't printout pictures, you just have them on your phone and computer, what if something happens? >> yeah. >> that's true. that has happened to me before. have i learned my lesson? no. hopefully this will force me to learn my lesson. >>> new at 6:00, twitter
. >>> quibi is calling it quits.ng service built on short videos has shut down after just six months in business. the los angelesbased company struggled since launching during the pandemic. quibi says subscribers will receive notifications regarding the last day they can access the platform. the streaming service failed despite the backing of some of hollywood's biggest names. investors lost an estimated 1$14 billion. >>> look at this google photos is offering to print and...
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Oct 22, 2020
10/20
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KGO
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. >>> quibi is calling it quits.uilt on short videos has shut down after just six months in business. the los angeles-based company struggled since launching during the pandemic. quibi says subscribers will receive notifications regarding the last day they can access the platform. the streaming service failed despite the backing of some of hollywood's biggest names. investors lost an estimated $1.4 billion. >>> a san francisco family is already winning halloween with their epic decoration. yes, it's themed to the pandemic. it's in west postal. they put a giant mask on their home. the woman who lives there said her husband is an engineer and their friend is an architect, together they came up with this huge mask. she said this year ghosts and witches don't feel necessary because we are actually living in the scariest of times. she said the mask is a simple and a powerful way to make that point. it turns out this family always goes big for halloween. this, of course, is a different year than most. they say they get hun
. >>> quibi is calling it quits.uilt on short videos has shut down after just six months in business. the los angeles-based company struggled since launching during the pandemic. quibi says subscribers will receive notifications regarding the last day they can access the platform. the streaming service failed despite the backing of some of hollywood's biggest names. investors lost an estimated $1.4 billion. >>> a san francisco family is already winning halloween with their...
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Oct 21, 2020
10/20
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FBC
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there is new word that quibi is throwing in the towel. that breaking story in just a moment. stay tuned. this is decision tech. find a stock based on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. means everything.m- generations sacrificed so much- found a way- and a way of life. that dream, owning a home... ...took hard work- good job, bills, mortgage, keeping up with the kids. but, you know what- it's worth it - its where we want to be... and where we want to stay. well... the american dream lives on... so does your home. start that renovation, fix what's long overdue, replace what's broken. make your home safer, nicer, better. you could do all that with a reverse mortgage from aag. get your tax free cash to fix or replace what you need for your home with a reverse mortgage loan from aag- find out how much cash you may qualify for today- call for your free aag info kit there's no obligation and the call is absolutel
there is new word that quibi is throwing in the towel. that breaking story in just a moment. stay tuned. this is decision tech. find a stock based on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. means everything.m- generations sacrificed so much- found a way- and a way of life. that dream, owning a home... ...took hard work- good job, bills, mortgage, keeping up with the...
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Oct 21, 2020
10/20
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BLOOMBERG
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we are all on snap, instagram, quibi.uess the question still comes, are these things really going to be lasting if the covid pandemic ends, and we are already to go back in the sunlight. are we still going to be looking at snap, instagram and the like? leigh: i think figuring that out is everything to the trade over the next two years. what we are seeing in terms of the data, because we can all have anecdotal expectations around the stuff, but if we look at the out quarter estimates, three, four, five quarters out from some of these names, we are still seeing upward revisions relative to where we were two and three quarters ago, which to us, tells us that there is going to be a lasting effect regarding the user acquisition and engagement that is taking place over the last couple quarters. yes, some of the future growth has definitely been pulled forward, but also, the addressable markets have definitely expanded here. and i think that as consumers get used to this type of behavior, a lot of it is just not going to change
we are all on snap, instagram, quibi.uess the question still comes, are these things really going to be lasting if the covid pandemic ends, and we are already to go back in the sunlight. are we still going to be looking at snap, instagram and the like? leigh: i think figuring that out is everything to the trade over the next two years. what we are seeing in terms of the data, because we can all have anecdotal expectations around the stuff, but if we look at the out quarter estimates, three,...
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Oct 22, 2020
10/20
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KNTV
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eye 59
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. >>> quibi is shutting down and if you don't know what quibi is, that's why it is shutting down. paypal will offer transactions including bitcoin and the latest first-time jobless claims showing 787,000 americans app applied for unemployment. it sounds bad, but it is the lowest number since the pandemic hit in march. >>> well, here's an interesting problem. how many christmas trees does the united states need? if families aren't getting together for christmas around one common tree, do we need more because everyone will want their own or if we're skipping the family thing, will people skip decorating and we need fewer? the largest maker of artificial tr trees is right here in the bay area and some people have already started decorating. >> people are thinking about chris machine. i got texts last night from friends who put up their christmas trees. i think in this crazy year we're living in, people are looking for the sources of joy and they're putting their trees up and their decorations early. >> this sort of prediction has been hard for people who make halloween candy, turkey
. >>> quibi is shutting down and if you don't know what quibi is, that's why it is shutting down. paypal will offer transactions including bitcoin and the latest first-time jobless claims showing 787,000 americans app applied for unemployment. it sounds bad, but it is the lowest number since the pandemic hit in march. >>> well, here's an interesting problem. how many christmas trees does the united states need? if families aren't getting together for christmas around one...
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Oct 22, 2020
10/20
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KNTV
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. >>> the party is over for quibi.it offers shows and news and episodes of ten minutes or less for smartphones and designed to be watched on the go. costs $5 a month with adds and it struggled to gain an audience when people were stuck at home during the early days of the pandemic. the world has changed dramatically and the business model is no longer viable. >>> paypal will buy other crypto currencies. the feature will roll out in the coming weeks and they have been dabbling in crypto controversies and first allowed companies to buy and sell bitcoin about three years ago. marks and laura, back to you. >> still haven't gotten on that wagon. >> come on, marcus. >>> trending this morning, sam's club introducing a virtual tour of the grizwald house. you can shop toys, gifts and more presented inside the griswald house. it includes movie trivia and interactive elements. look for the squirrel in the christmas tree and aunt bethany's cat wrapped up in the gift box. ask cousin eddy to pick out something real nice. so classic.
. >>> the party is over for quibi.it offers shows and news and episodes of ten minutes or less for smartphones and designed to be watched on the go. costs $5 a month with adds and it struggled to gain an audience when people were stuck at home during the early days of the pandemic. the world has changed dramatically and the business model is no longer viable. >>> paypal will buy other crypto currencies. the feature will roll out in the coming weeks and they have been dabbling...
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Oct 22, 2020
10/20
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FBC
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stuart: that was jeffrey katzenberg of this program when quibi launched and now they are shutting itppened? susan: $1.75 billion later and quibi is winding down, but not for a lack of trying to they had exhausted all options so covid killed the in between moments, the fine men 10 minutes in line somewhere or commuting that quibi was designed for with its short videos. most of the cable operators were invested looking through the list of investors included comcast, at&t, warner media, viacom, cbs and even disney sold traditional streaming seems to be doing well as they add subscribers, but the short form videos for quibi not doing well. they are billionaires and will be fine, but even if you bring in big names you have to have the right design. stuart: may have been the right design, but not for lockdown, five-minute bursts don't work when you have a lot of time on your hands. lets get to tesla as they have reported fit the straight quarter of profits. a glutton for punishment who is with us. he's back again today. welcome back. always good to see you and art-- do you still have your
stuart: that was jeffrey katzenberg of this program when quibi launched and now they are shutting itppened? susan: $1.75 billion later and quibi is winding down, but not for a lack of trying to they had exhausted all options so covid killed the in between moments, the fine men 10 minutes in line somewhere or commuting that quibi was designed for with its short videos. most of the cable operators were invested looking through the list of investors included comcast, at&t, warner media,...
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Oct 22, 2020
10/20
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KGO
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. >>> the streaming service quibi is shutting down after only six months. it featured short videos meant to be viewed on a phone. it never took off despite backing from some of hollywood's biggest names. investors lost an estimated $1.4 billion. >>> we turn now to one father speaking out after he was told his son could be arrested for missing classes on zoom. his story is raising questions about how to keep kids engaged in remote learning. here's abc's andrea fujii. >> reporter: this morning, a seventh grader is at risk of being arrested for missing remote classes. >> this is our fourth child in this school and out of the blue we get a letter. >> reporter: merrick mastrov's dad explained when his son missed three 30-minute zoom classes one day last month, the northern california middle school made the threat. >> are you going to come arrest my son at my home or try to fine me for me not getting him to his zoom class perfect every day? >> reporter: a school administrator sent a letter that listed the three periods merrick missed and explained when a student
. >>> the streaming service quibi is shutting down after only six months. it featured short videos meant to be viewed on a phone. it never took off despite backing from some of hollywood's biggest names. investors lost an estimated $1.4 billion. >>> we turn now to one father speaking out after he was told his son could be arrested for missing classes on zoom. his story is raising questions about how to keep kids engaged in remote learning. here's abc's andrea fujii. >>...
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Oct 25, 2020
10/20
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BBCNEWS
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and afterjust six months, video streaming service quibi is shutting down.fered disappointing download and viewership numbers. it was also the week that nasa selected nokia to build a wireless 4g network on the moon. the proposed cellular network is part of a plan to establish a long—term human presence on the moon by 2030. developers of the covid—i9 contract tracing app for england and wales reassured users that none of their data will be shared with the police. this followed news that contact details of people told to self—isolate by the nhs test and trace scheme in england are shared with the police on a case—by—case basis. developers say that the app operates independently of this system. and finally, would you fancy a new dress that changes with the seasons? researchers at yale university have developed a fabric with sensors and variable stiffness fibres that show the fabric responding to changes in temperature. when the fabric is cool, the particles stiffen, and when warm they melt into liquid and soften the fabric. while microsoft and sony are racing
and afterjust six months, video streaming service quibi is shutting down.fered disappointing download and viewership numbers. it was also the week that nasa selected nokia to build a wireless 4g network on the moon. the proposed cellular network is part of a plan to establish a long—term human presence on the moon by 2030. developers of the covid—i9 contract tracing app for england and wales reassured users that none of their data will be shared with the police. this followed news that...
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Oct 22, 2020
10/20
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BLOOMBERG
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quibi as well, what does that signal on media's capital investment?topher: i don't know if i would call that the canary in the coal mine but there's a lot of streaming companies that will not be successful. netflix is at the top of that list and it has done an amazing job of taking shows that did well on youtube like cobra kai amongst others. there's gotta be a handful of winners and netflix is one of them. disney is probably another. we will see how peacock shakes out. chris, thank you. expectations for that company is building up. >> when you talk to paul sweeney about it -- it's just a million people. all i do is observe what i see at home, which is emily in paris is in that i don't get it and i'm not supposed to. lisa, help? sorry. have boys, not to be cliche but it's not what they are watching you but i will say that netflix is still up more than 50%. jonathan: but they did crush it this year. but it sounds like you watch emily in paris? tom: i don't, the third episode i could not stop crying. jonathan: i imagine the bloomberg audience is the dem
quibi as well, what does that signal on media's capital investment?topher: i don't know if i would call that the canary in the coal mine but there's a lot of streaming companies that will not be successful. netflix is at the top of that list and it has done an amazing job of taking shows that did well on youtube like cobra kai amongst others. there's gotta be a handful of winners and netflix is one of them. disney is probably another. we will see how peacock shakes out. chris, thank you....
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Oct 5, 2020
10/20
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BLOOMBERG
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just rounding out my guests for the next hour on bloomberg quibi. -- on bloomberg tv.re looking forward to that. jonathan ferro driving for the conversation. the important larry kudlow conversation on friday as well. five pharmaceutical syllable words, the senior editor for health care translating what we have all tried to learn this weekend. let me start with a general question, mr. armstrong, which of these cocktails is the one that has your attention? >> the president has gotten three drugs, three main drugs, and in number of others as far as we know. therapy,t an antibody a replacement for the immune system early on, that's an experimental drug made by regeneron. he has been getting an antiviral drug, a direct attack on the virus itself, remdesivir. and we were most recently told he has gotten a steroid called dexamethasone. that has caught my attention because it is typically used in those who are in the second phase of the disease. it is not necessarily something that acts on the virus itself, but it is meant to take care of overactive inflammation that can hurt
just rounding out my guests for the next hour on bloomberg quibi. -- on bloomberg tv.re looking forward to that. jonathan ferro driving for the conversation. the important larry kudlow conversation on friday as well. five pharmaceutical syllable words, the senior editor for health care translating what we have all tried to learn this weekend. let me start with a general question, mr. armstrong, which of these cocktails is the one that has your attention? >> the president has gotten three...
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Oct 28, 2020
10/20
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BLOOMBERG
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everyone else is going to be drummed out of the market and replaced by the quibis. alix: how quickly cannot of this take place? i hear what you're saying, that where we are going down the road is going to be a very different landscape, and we are not going to have the same kind of free speech and community to talk to each other. when does that happen? eric: it is already starting to happen. we are already seeing that the liability regimes in europe are suppressing the ability for people to talk to each other, and that is coming for the united states. we can get a preview of what it will look like by watching what is going on in europe. as it continues to lock down regulation, we are seeing the decline of engagement in europe. of the scaleterms issue here, what you are saying is that small companies are going to be drummed out of the market. aresmall do you think we talking here? is twitter included in this? how many resources do you have to have? how big a company do you have to have? how may lawyers do you have to have in order to survive this process? eric: it is
everyone else is going to be drummed out of the market and replaced by the quibis. alix: how quickly cannot of this take place? i hear what you're saying, that where we are going down the road is going to be a very different landscape, and we are not going to have the same kind of free speech and community to talk to each other. when does that happen? eric: it is already starting to happen. we are already seeing that the liability regimes in europe are suppressing the ability for people to talk...
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Oct 22, 2020
10/20
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CNBC
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about 1.6 billion shares in each pricing is set to be released within the next week >>> and finally, quibi is shutting down, the move is after it launched back in april and faced a number of problems including lower than expected viewer ship. the company's founder and ceo will have more on this decision on squawk alley. >> what was your favorite show >> i didn't have a favorite. i think the lack that thof breako content was one of the issues. so we'll learn more. >> yeah, and some saying that whitman was an odd choice to run a streaming service. can't wait to see the interview. >>> and now to the breaking news surrounding securityoff t over election iran and russia trying to influence voters with iran apparently sending out emails to likely vote toers try to incite them into social unrest and sway them away from president trump. tracie potts is joining us with more heck of a story. >> reporter: well, it really is. and overnight the white house issued a statement taking credit for thwarting this saying that the president had told intelligence officials and law enforcement to be on the looko
about 1.6 billion shares in each pricing is set to be released within the next week >>> and finally, quibi is shutting down, the move is after it launched back in april and faced a number of problems including lower than expected viewer ship. the company's founder and ceo will have more on this decision on squawk alley. >> what was your favorite show >> i didn't have a favorite. i think the lack that thof breako content was one of the issues. so we'll learn more. >>...
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Oct 22, 2020
10/20
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CNBC
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. >>> quibi and investors sitting on a lot of cash can it still be the chip king? >>> let's st
. >>> quibi and investors sitting on a lot of cash can it still be the chip king? >>> let's st
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Oct 27, 2020
10/20
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FBC
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i think about the quibi failure recently.found pretty quickly that original programming for mobile devices was not going to sell. what kind of sense do you get that mobile viewers are somehow underserved that you have made this big investment to come out with t-vision and live and vibe and t-vision hub? >> we think most of the viewership will be on big screen tvs. i think that's right. this is tv. it's tv done right. it's right there next to your netflix and all your other favorite streaming services and it's for your big screen tv. this launch, we are automatically already compatible with apple tv and fire stick, google tv, android tv and of course, our own new t-vision hub. so it's for all those big screens but also your ios and android devices. that's what makes this great. it's simple, it's one app, it's one bill, one log-in, and you get it all. liz: before we go, really quickly, 5g. verizon came out and you know, hans vestberg, the ceo, got to be right there onstage with tim cook at apple for the iphone 12 and pretty bol
i think about the quibi failure recently.found pretty quickly that original programming for mobile devices was not going to sell. what kind of sense do you get that mobile viewers are somehow underserved that you have made this big investment to come out with t-vision and live and vibe and t-vision hub? >> we think most of the viewership will be on big screen tvs. i think that's right. this is tv. it's tv done right. it's right there next to your netflix and all your other favorite...
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Oct 3, 2020
10/20
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KNTV
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and then i just did another show for quibi that where you guess if things were cake or not and that wasmething's cake or not? >> okay, it's called "eye candy. it's based on a japanese show. i'm not hosting this or anything, i was just a contestant, whatever, a celebrity guest. but then, like, you see -- >> seth: i'm not accusing you of hosting a television show. >> i mean, i wish i was hosting, i wish this was my gig because i want to, like, do a lot of game shows now. i just like the game -- so you decide if something's cake or not with your partner. and then like -- the way you tell if it's cake is that they have you bite it so like -- and these look so real so sometimes you bite into like whatever, this metal thing, and it's actually cake other times you're biting and it's just metal and that's how you find out >> seth: it seems to me you must have to sign a release if they're letting you bite into metal. >> i heard they have a dentist on call. my teeth were fine but this is my thing now i'm at the point of my career where i think pandemic and -- plus, i don't know, sheer laziness, i
and then i just did another show for quibi that where you guess if things were cake or not and that wasmething's cake or not? >> okay, it's called "eye candy. it's based on a japanese show. i'm not hosting this or anything, i was just a contestant, whatever, a celebrity guest. but then, like, you see -- >> seth: i'm not accusing you of hosting a television show. >> i mean, i wish i was hosting, i wish this was my gig because i want to, like, do a lot of game shows now. i...
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Oct 9, 2020
10/20
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MSNBCW
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new findings from a nbc news/quibi nationally online poll show young people are still less interestedthe election than other age groups. only six in ten millenials have a high interest in the election while fewer than. of genz voters do. young voters do overwhelmingly prefer joe biden to president trump in this race. biden leading 64 to 22% among gen z voters and 50 to 36% among millenials. joining me now, nbc news reporter dasha burns from carnegie mellon university in pittsburgh. dasha, what are you hearing about gen z voters and whether they plan to vote? >> reporter: andrea, we talked to students at carnegie mellon and university of pittsburgh down the road. these are young voters getting a college education and they're getting that education in a critical battleground state. so most of the students we spoke with seemed to grasp the gravity of this election, some were lukewarm on both candidates. most leaned toward joe biden. take a listen to some of what we heard. >> i've been watching the debates and registered, trying to get our friends to register. >> due to some of the situat
new findings from a nbc news/quibi nationally online poll show young people are still less interestedthe election than other age groups. only six in ten millenials have a high interest in the election while fewer than. of genz voters do. young voters do overwhelmingly prefer joe biden to president trump in this race. biden leading 64 to 22% among gen z voters and 50 to 36% among millenials. joining me now, nbc news reporter dasha burns from carnegie mellon university in pittsburgh. dasha, what...
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Oct 23, 2020
10/20
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KNTV
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finally, the short form streaming service quibi announced yesterday it's shutting down after only six so i guess let's go ahead and make it official and that was a monologue you guys, we got a great show for you tonight. he is one of my all-time favorites, michael keaton will be here. his new film "the trial of the chicago 7" is on netflix now and i'll be talking to grammy-nominated band haim plus, they'll also perform a track for us off their new number one album "women in music part three." but before we get to all that, the president spent the lead-up to the second and final presidential debate whining about the moderator and releasing some deeply embarrassing footage of his interview with "60 minutes." for more on this, it's time for "a closer look." ♪ >> seth: with less than two weeks until the election, as the pandemic rages out of control and millions of americans suffer the pain of loss and economic hardship, the president of the united states has apparently decided to make his closing message, "the tv lady was very mean to me." all week, he's been threatening to release his o
finally, the short form streaming service quibi announced yesterday it's shutting down after only six so i guess let's go ahead and make it official and that was a monologue you guys, we got a great show for you tonight. he is one of my all-time favorites, michael keaton will be here. his new film "the trial of the chicago 7" is on netflix now and i'll be talking to grammy-nominated band haim plus, they'll also perform a track for us off their new number one album "women in music...
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Oct 12, 2020
10/20
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MSNBCW
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before i have to let you go, i wonder how you square that with something we saw in a recent nbc news/quibillennials and gen zers feel about the future and they're really quite pessimistic. only about 30% of millennials say they're confident about a better future for their children. 40% of gen zers says they were confident. what is your sense of where these generations are going from here, especially considering that the challenges that they are socially active about -- climate change, racial justice, et cetera -- are so big that their parents couldn't solve them and they're just going to bequeath them to their kids. >> look, i don't think any of that is surprising, right? do we go to bed feeling this insane anxiety about what's going to happen tomorrow, not to mention what's going to half november 3rd? i think the thing to keep in mind is, look, the people in positions of power -- and let's be fair. these are life-long democrats and life-long republicans. they keep their seats by sometimes convincing us that our votes don't necessarily matter. whether that's in a primary or a general elect
before i have to let you go, i wonder how you square that with something we saw in a recent nbc news/quibillennials and gen zers feel about the future and they're really quite pessimistic. only about 30% of millennials say they're confident about a better future for their children. 40% of gen zers says they were confident. what is your sense of where these generations are going from here, especially considering that the challenges that they are socially active about -- climate change, racial...
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Oct 16, 2020
10/20
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KPIX
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you can watch the full story today on 60 and 6 on the mobile streaming app quibi.ouch here to tell you, yeah, you, to wear a mask out in public around other people. sure it'll keep you healthy. but more importantly, i won't have to see your happy smiling face. ugh. and if you don't want to wear a mask, i've just got one thing to tell you. scram, go away. ugh. caring for each other because we are all in this together. so wear a mask and have a rotten day, will ya? ugh. i'm voting 'yes' on prop 19. nineteen limits taxes on seniors. it limits property tax on people like me. nineteen limits taxes on wildfire victims. it says so right here. if 19 passes, seniors can move closer to family or medical care. i looked at moving but i can't afford the taxes. will you help california's most vulnerable? vote 'yes' on prop 19. >>> you know, when covid first started, all the days used to run togethe. now at least i know it's friday. i look so forward to fridays in the week for all of us. >> it's october. remember that, too. >> that's right. >> we'll see you on monday. "cbs this m
you can watch the full story today on 60 and 6 on the mobile streaming app quibi.ouch here to tell you, yeah, you, to wear a mask out in public around other people. sure it'll keep you healthy. but more importantly, i won't have to see your happy smiling face. ugh. and if you don't want to wear a mask, i've just got one thing to tell you. scram, go away. ugh. caring for each other because we are all in this together. so wear a mask and have a rotten day, will ya? ugh. i'm voting 'yes' on prop...