steve malzberg steve thanks so much for ability being with us i mean what sort of information are they talking about i mean i'm familiar with copyrighted material that's copyrighted outside of the internet that gets put on the internet but what sorts of things are actually copyrighted on the internet when that's the only place they exist and how will things change potentially. right i mean there's vast copyright laws right now that people probably don't even realize and right now you know you think of video and music and software file sharing and all that kind of stuff all that's copyrighted as are news stories everything almost everything is copyrighted if it comes from a content provider and right now it's incumbent upon those content providers to surf the web and say ah they're using my stuff i need money they're violating my copyright but this would change it and put the burden on these big tech companies like you tube and facebook and twitter they would be responsible now for saying ah this is somebody else's we need to pay them now individuals probably would not be that involve we'll get to that in a second under some of the articles but the burden will shift from the people who own the copyright to the people using that copyright or abusing it they will now have to filter it out and make sure that the provider is compensated very interesting and steve i know you know this because you're like this long time you know cultural iconic broadcaster and nobody nobody yelled at me in my ear but when i said asked a question say why i don't know about internet copyright i could just hear people management say wait a minute we're on t.v. we have people who do that all the time no let's make sure that we don't use copyrighted materials but i know that a lot of this concern is about one of the articles one of the provisions i guess articles of the technical term and it's related to this thing called a link tax and it's article levon explain what that is and why people are so concerned ok article eleven let's say google news and all the other like a similar sites to google news if they use as they do using now someone story part of the story all of the story they link it up on their site or they take from it that is a copyright infringement and now they're going to have to pay for that story the question which is open ended is how would they get

and radio host steve malzberg steve thanks for being with us who are these folks the ben offs and the sales force money is enough to pay one hundred ninety billion bucks for tom. i guess so he's been very successful with this cloud company since one thousand nine hundred nine but there is a distinction here this is not affiliated with sales force this is strictly a personal purchase on the part of himself and his wife and they've also announced that they're not going to be involved in the day to day editorial operations of time which is interesting we'll get that a second but it's a consumer relationship product company one hundred fifty thousand clients including people like farmers insurance and t. mobile and adidas and probably a thousand others names that you would know so he's done very very well with it and you know are they planning on doing anything i mean they talked about they lost a readership they have a plan are they going to stay hands off well digital platform while they while the numbers are correct and the drop in in readership of the hard copy magazine which is iconi

steve malzberg steve thanks for being with us who are these folks the ben offs and the sales force money is enough to pay one hundred ninety billion bucks for tom. i guess so he's been very successful with this cloud company since one thousand nine hundred nine but there is a distinction here this is not affiliated with sales force this is strictly a personal purchase on the part of himself and his wife and they've also announced that they're not going to be involved in the day to day editorial operations of time which is interesting we'll get that a second but it's a consumer relationship product company one hundred fifty thousand clients including people like farmers insurance and t. mobile and adidas and probably a thousands others names that you would know so he's done very very well with it and you know are they planning on doing anything i mean they talked about they lost readership they have a plan are they going to stay hands off well digital platform while they while the numbers are correct and the drop in in readership of the hard copy magazine which is iconic i mean you know everybody wants a good time man of the year now person of the year their top one hundred list it's been around for ninety years but magazines are dying the digital platform that was growing since two thousand and fifteen the reach is gone from twenty three million to thirty one million and lots of those a millennial so i think he sees an opportunity here to further that you know in the u.k. the independent and the guardian when they were taken over by a new owner they disband they just did away with the hard copy of the newspapers and went strictly digital so that probably is what the future will hold how soon i don't know very interesting and we'll have to look at maybe have you back steve if you're interested in some of these other tech folks who have done well and ventured out with all the money that's offered this time thank you steve malzberg conservative t.v. and radio commentator my pleasure. and that's it for this time thanks for joining us you can catch boom bust on you tube dot com boom bust r.t. so on for now. in twenty forty you know bloody revolution to correct the demonstrations going from being relatively peaceful political protests to be creasing the violent revolution is always spontaneous or is it you know lawyer here i mean you know liz put video. spilling into the fall the ukrainian president recalls the events of twenty four. those who took part in this today over five billion dollars to assist ukraine in these and other goals that will ensure a secure and prosperous and democratic. in the age of tramp winning is all that matters the phrase by any means necessary has truly been weaponized now politics has little to do with policy front and center on

court is conservative commentator steve malzberg welcome welcome steve it is always great to be here with you guys i love it always great to see so steve those are some bold words and threats fired at the i.c.c. by a bold i want to ask first what brought this on why did both in the white house choose this week in particular to you know to suddenly lash out at the criminal at the international criminal court. well as far as the timing goes i think you know bolton themselves referred to the fact as you alluded to in the open that they're planning on opening an investigation into alleged abuses by the united states in afghanistan and getting involved in the israeli palestinian conflict and you know why bolton chose this week i'm not one hundred percent sure but look you know the court said that was formed in rome well guess who didn't sign on to it in rome among the countries who are not signed onto it the united states china russia right there you've got yourself a problem and israel is not a member of it either don't forget john bolton was the u.n. ambassador for a time under george w. bush this rome. declaration which the u.s. did not

and radio commentator steve malzberg thanks a lot steve. michael moore is the clothing fashion company is buying the italian luxury clothing brand versace for two point one billion dollars the announcement was made earlier today as part of the deal the blackstone equity firm or poorly will sell their twenty percent stake in versace to course for chorus the less glamorous but more visible and prevalent of the two brands the deals. follow ups follow up to the acquisition of luxury shoe maker jimmy choo core seem poised to leverage versace's prestige with their own market presence with a plan to increase the number of or saatchi store locations from two hundred all the way to three hundred versace's creative director who's known to be outspoken and right on target is donna tellers saatchi who took over twenty years ago for her brother was actually murdered she will reportedly continue her role after the merger ms vers saatchi who has led the fashion house for these two decades said the deal will allow over saatchi to reach its full potential a

steve malzberg joins us to take a look at steve welcome thanks as always for being with us let's start with sort of a baseline i mean apple is a u.s. company and they've been doing really well and that's reflected in the stock price not just for the last month or last year or year over year for many years but they actually have not that many folks are actually employed in the united states they're really an international company and have a heck of a lot of manufacturing done overseas right oh yeah great to be a part absolutely when you look at apple the manufacturing can and components are again from other companies which are located all over the world and once they get those those parts they were assembled in still other countries and then you have warehouses in other countries where there of course shipped to the finished product after they're manufactured and produced and they're distributed from those warehouses so absolutely let's take the i phone for instance the i phone has components and parts from companies in the united states china taiwan south korea you also have italy you have france you have the netherlands so you could see what kind of global project if you will apple's products are but a lot of i mean thank you for that and i actually did know all of those countries because we always seem to focus on the big one the eight hundred pound gorilla and that's china's so could this twenty five percent tariff on two hundred billion dollars worth of chinese made goods coming into the states those haven't been imposed yet but some say it could happen very soon and it seems like that would be a really big hairy. what are the products the i phone we know that's made over there but what are some of the other products which could be impacted and what are the options for apple here's steve well you have the the pencil the watch the air pod a bunch of other components like cables and accessories those are the products that way does see a price increase here in the united states and analysts believe that it would have caused a ten to twenty percent drop in profits on those products but that just makes up they say about a one percent difference in the total bottom line you know those products sold in the united states make up about that it's twenty six billion dollars a year and that's one third of the sale of those products you mention the i phone the i phone really wouldn't be affected as effect three new i phones will be introduced tomorrow by apple all different price ranges by the way the i phone could hit apple is if china starts prohibiting their people from buying it in retaliation or if the people there get so angered at us and that you know is that at america and they say we're not going to buy apple i phones or by other companies i phones that's where the i phon

interesting steve we're out of time but i know we've talked about drones helping to deliver internet to people and we're going to hopefully talk about that with you in the near future coming up steve malzberg conservative t.v. and radio commentator thanks to if thank you bar. and speaking of drones how would you feel if your next cup of coffee wasn't given to you by a person but delivered by a drone well that's the future according to a patent from i.b.m. international business machines the company has created at least on paper a drone that scans you and uses biometrics biometrics which knows when you want more coffee it's an interesting thought that someday a machine may be able to know what you want before you even know you want to but maybe in this case we might welcome our new robot overlords with open arms and that's it for this time thanks for being with us we'll see you again.