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Nov 11, 2018
11/18
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BLOOMBERG
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david: how does the tech industry responsibly participate in the chinese market, but not have the chineseovernment act as a sensor? we're seeing it right now with google. reid: so, it's one of these things where each tech company has to have its own mission. the mission for google is all the world's information at your fingertips. the mission for linkedin, is economic opportunity for everyone maximizing talent connections and opportunity. when you're one of these tech companies, you have to say how does my mission intersect with this market? and based on the intersection of the market, we'll negotiate with the governments about how to best reach that. you do have to be responsible to your local government. for example, linkedin, china is much easier. we're not about all the world's information at your fingertips. we're about maximizing your economic opportunity, so that works well there. it's more challenging for google because the chinese government says we want to control which information our populace sees, and that makes it challenging for google and one of the problems they need to s
david: how does the tech industry responsibly participate in the chinese market, but not have the chineseovernment act as a sensor? we're seeing it right now with google. reid: so, it's one of these things where each tech company has to have its own mission. the mission for google is all the world's information at your fingertips. the mission for linkedin, is economic opportunity for everyone maximizing talent connections and opportunity. when you're one of these tech companies, you have to say...
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Nov 25, 2018
11/18
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BLOOMBERG
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tech. coming up volatility is the main , headline. apple and tech at large is leading the way. down tech's role in the slump. plus, facebook divided. a new report of tension between zuckerberg and sandberg. how are the troops responding? and
tech. coming up volatility is the main , headline. apple and tech at large is leading the way. down tech's role in the slump. plus, facebook divided. a new report of tension between zuckerberg and sandberg. how are the troops responding? and
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Nov 25, 2018
11/18
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BLOOMBERG
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david: how does the tech industry responsibly participate in the chinese market, but not have the chineseovernment act as a sensor? we are seeing it with google. reid: so it is one of these things where each tech company has to have its own mission. the mission for google is all the world's information at your fingertips. the mission for linkedin, is economic opportunity for everyone maximizing talent connections and opportunity. part of the thing, when you are one of these tech companies, you have to say how does my mission intersect with this market. based on the intersection of the market, we will negotiate with the governments about how to best reach that. you do have to be responsible to your local government. for example, linkedin, china is much easier. we are not about all the world's information at your fingertips. we are about maximizing your economic opportunity, so that works well there. it is challenging for google because the chinese government says we want to control which information our populace sees, and that makes it challenging for google and one of the problems they ne
david: how does the tech industry responsibly participate in the chinese market, but not have the chineseovernment act as a sensor? we are seeing it with google. reid: so it is one of these things where each tech company has to have its own mission. the mission for google is all the world's information at your fingertips. the mission for linkedin, is economic opportunity for everyone maximizing talent connections and opportunity. part of the thing, when you are one of these tech companies, you...
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Nov 24, 2018
11/18
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BLOOMBERG
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david: let's talk about the tech world. what are the moral obligations of the tech world? id: this is what is responsible blitzscaling? all responsibilities change as we understand the scale. have have to be in dialogue with society into mortal about which risks we take. david: this technology have a brand problem? people with these our patterns? i think it is kind of the teenage years as you grow. ask people, do they love their iphone or technology service. the answer is generally yes. say, peopleeed to also want to feel safe. they don't feel safe with things about cyber-hacking. we need to have a higher level of standards there. reid: you spend a lot of time with the leaders of tech. do they get it? reid: they are learning. they are on a learning curve that is moving fast. avid: what is the role of government regulation? should there be regulation? id: some regulation could be good. it is a lot easier to do a lot .f damage to the tech industry it is not about should we regulate or not regulate. ?hat should the target be what do we want out of a social infrastructure and s
david: let's talk about the tech world. what are the moral obligations of the tech world? id: this is what is responsible blitzscaling? all responsibilities change as we understand the scale. have have to be in dialogue with society into mortal about which risks we take. david: this technology have a brand problem? people with these our patterns? i think it is kind of the teenage years as you grow. ask people, do they love their iphone or technology service. the answer is generally yes. say,...
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Nov 13, 2018
11/18
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BLOOMBERG
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is the tech story the center of things for you? is this about overvalued tech shares in the u.s. and asia or is it something else? >> the tech sector has been a lightning rod for markets many times in the past and this year it's been critically important. it's been the one tech -- factor driving the market that has continued to rise so it's gained even more importance as a consequence of that and it's gotten more and more isolated in terms of the valuation base. so we were observing this a few months ago that the technical picture generally was detear rating worldwide, except in the u.s., except in tech. what if that then failed? it would have global implications and that's exactly what happened. >> good morning, it's manus in abu dhabi today. i noticed that there was a tweet from donald trump last night where he said and our opinion columnist said it isn't completely bonkers. the democrats' goal could be about more investigations. big headaches for the stock market. our analyst maintained, yes, that could be big headaches for the stock market. is that tweet bonkers or real? >> w
is the tech story the center of things for you? is this about overvalued tech shares in the u.s. and asia or is it something else? >> the tech sector has been a lightning rod for markets many times in the past and this year it's been critically important. it's been the one tech -- factor driving the market that has continued to rise so it's gained even more importance as a consequence of that and it's gotten more and more isolated in terms of the valuation base. so we were observing this...
SFGTV: San Francisco Government Television
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Nov 16, 2018
11/18
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SFGTV
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consultant with the san francisco tech council. welcome to the mayor's disability council. >> thank you. >> so thank you for the invitation to be here today. i do represent the san francisco tech council. i'm here today with my colleague andrew broderick, who is also a consultant to the tech council. we're very excited to share with you information and plans we have for looking at the intersection between technology and employment for older adults and adults with disabilities. so i'd like to walk you through some of our process. before i do that, let me give you background about the tech council so you have framework for thinking about this. the tech council was started in 2015 and its mission, it's hosted by the community living campaign in san francisco. but it's a multi-stakeholder initiative to advance digital conclusion for adults with disabilities and older adults in the city. the vision of the tech council is that those who live here have access to the digital tools they need because we know how critical they are to all of ou
consultant with the san francisco tech council. welcome to the mayor's disability council. >> thank you. >> so thank you for the invitation to be here today. i do represent the san francisco tech council. i'm here today with my colleague andrew broderick, who is also a consultant to the tech council. we're very excited to share with you information and plans we have for looking at the intersection between technology and employment for older adults and adults with disabilities. so...
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Nov 10, 2018
11/18
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BLOOMBERG
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s especially in the tech center. and in 2019, we could see some of the most high-tech i.p.o.'ts. joining this now is the germ partner at bullpen capital. i'm excited about going public. but there is a lot in san francisco that is happening around this space. in terms of this change in momentum, when everyone was saying let's stay private as we can. what is the catalyst to come around to get out and enlisting? >> the companies are getting mature. it's about time for them to go through public. i have through three of these cycles and had many, many more i.p.o.'s. next year might be a good year. won't be a great queer. we should be saying three times the number of i.p.o.'s we are seeing right now. >> i want to tap into that historical knowledge that you have. you have seen a few of these cycles. i get the question with this many companies going out, does this foreshadow a bubble like we saw in 2000. this is the last time we saw companies getting out the door. does this foreshadow some bubble? >> not at all. we had many more i.p.o.'s in 2015. 2019 won't exceed in numbers. i had tw
s especially in the tech center. and in 2019, we could see some of the most high-tech i.p.o.'ts. joining this now is the germ partner at bullpen capital. i'm excited about going public. but there is a lot in san francisco that is happening around this space. in terms of this change in momentum, when everyone was saying let's stay private as we can. what is the catalyst to come around to get out and enlisting? >> the companies are getting mature. it's about time for them to go through...
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Nov 20, 2018
11/18
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BLOOMBERG
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the u.s. drags u.s. lower -- drags tech lower. ansition hangs in the balance. and calling the rebellion. tory rebels failed to get a no-confidence vote in theresa may. labor doesn't rule out a second brexit referendum. >> we will keep our options open. the pressure now is on the government not to accept the deal that theresa may has brought -- we will vote against it in parliament if it comes out in its current form. ♪
the u.s. drags u.s. lower -- drags tech lower. ansition hangs in the balance. and calling the rebellion. tory rebels failed to get a no-confidence vote in theresa may. labor doesn't rule out a second brexit referendum. >> we will keep our options open. the pressure now is on the government not to accept the deal that theresa may has brought -- we will vote against it in parliament if it comes out in its current form. ♪
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Nov 19, 2018
11/18
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BLOOMBERG
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you have the tech sector leading declines. same production orders for the iphone model three are cutting back. you are looking at negative sentiment for apple. also bitcoin. beer below that $5,000 level. we are right below that $5,000 level. this is increasing regulations. the eighth straight day of log eighth straight day of losses. caroline: let's dive deeper into the market action. we are on it. >> i'm watching two-year yields. this is been the big story in bond yields. what a change. the biggest decline since november 2016. you have cash like instruments. this etf is a $16 billion i share. the biggest one-day inflow overnight, since march. definitely people piling in and sing a haven. business and consumer confidence has underpinned this market since the election in 2016. we are starting to see a few crack's. we got the homebuilder numbers. it came out earlier today and we saw it drop on that index. that is down from an estimate of 67. they would single out this number. even though we are in positive the housingf situation
you have the tech sector leading declines. same production orders for the iphone model three are cutting back. you are looking at negative sentiment for apple. also bitcoin. beer below that $5,000 level. we are right below that $5,000 level. this is increasing regulations. the eighth straight day of log eighth straight day of losses. caroline: let's dive deeper into the market action. we are on it. >> i'm watching two-year yields. this is been the big story in bond yields. what a change....
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Nov 12, 2018
11/18
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CSPAN2
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really the tech workers are part of the solution. tech companies don't build housing. silicon valley allowed all these jobs to be treatable in the '90se and sense. the neighbors, cupertino city council will not allow apple to build housing. what will those people that? san francisco. there not going to live in daly city. it's not a hip place. tech workers are moving in becoming part of the solution in san francisco andrs shouldn't be blamed as they often are and they i discussed in the book of documentaries, blending of tech workers are so unfair. insteadar of blaming city polics that don't build the housing and pit tech workers against anyone else for scarce land. we could do more in every city there's the same dynamic for upper income tenants are blamed, the ones paying p the skyrocketg -- are not landlords. their tenants. the are paying these future rentshe and they are mad as hell that's what it talked about. i'm with the tech workers and i see, we're seeing in san francisco we elected in june the woman who called who grew up in a public housing project you called y
really the tech workers are part of the solution. tech companies don't build housing. silicon valley allowed all these jobs to be treatable in the '90se and sense. the neighbors, cupertino city council will not allow apple to build housing. what will those people that? san francisco. there not going to live in daly city. it's not a hip place. tech workers are moving in becoming part of the solution in san francisco andrs shouldn't be blamed as they often are and they i discussed in the book of...
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Nov 8, 2018
11/18
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BLOOMBERG
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the u.s. house. it is a victory that could mean changes in policy for big tech. crats are likely to push for a data privacy law and could look to reinstate net neutrality roles when they take control of the chamber next year. i want to start with a high level here. it wasn't quite a blue wave but democrats taking control of the house is huge. look at that mean for some of the big tech policy issues? >> i am looking to privacy primarily. net neutrality has been a hot ticket item in the past. privacy is where republicans have signaled they are willing to make a deal. they have extended their lead in the senate. donald trump is a republican. he said he might be willing to work with democrats to regulate tech companies. to me, i heard privacy. i am watching how the parties are going to fight it out. then, we can turn to broadband infrastructure, net neutrality and other issues. >> i want to take a look at what he said about social media companies. long heated press conference with the president. take a look at what he had to say. >> i like free speech. a lot of people
the u.s. house. it is a victory that could mean changes in policy for big tech. crats are likely to push for a data privacy law and could look to reinstate net neutrality roles when they take control of the chamber next year. i want to start with a high level here. it wasn't quite a blue wave but democrats taking control of the house is huge. look at that mean for some of the big tech policy issues? >> i am looking to privacy primarily. net neutrality has been a hot ticket item in the...
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Nov 19, 2018
11/18
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BBCNEWS
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what impact is this having on the tech industry in the uk? uk to bea industry in the uk? will in the uk to be a hub. the to compete with silicon valley and the other areas in europe and tried to rise up as the tech hubs in the world. exactly. craze that takeovers the town. and thatis craze that takeovers the town. and that is why most people within the tech industry is a threat to being a will to continue to attract talent. just the fact that we had to talk about it and the fact that it had to consider whether or not they have to look at these routes or new routes to get here, whether they are in the eu now coming from abroad, even further abroad, is a problem. eu now coming from abroad, even furtherabroad, is a problem. quick look at the south china morning post. a bit leaders are to ove i’co m e morning post. a bit leaders are to overcome their differences. this is not paid well to the 620 summit in a week or so in argentina, where it xi jinping and donald trump respected as sandland conversations. a rarity hates to make hopes these meeting
what impact is this having on the tech industry in the uk? uk to bea industry in the uk? will in the uk to be a hub. the to compete with silicon valley and the other areas in europe and tried to rise up as the tech hubs in the world. exactly. craze that takeovers the town. and thatis craze that takeovers the town. and that is why most people within the tech industry is a threat to being a will to continue to attract talent. just the fact that we had to talk about it and the fact that it had to...
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Nov 1, 2018
11/18
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LINKTV
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google employees around the world have walked off the job today, protesting what they see as the tech giant's lenient treatment of executives accused of sexual misconduct. employees staged walkout in new york, dublin, london, tokyo and singapore. last week, the coo of google disclose that they had fired 38 employees,s, including 13 executives for sexual harassment. he also apologogized f t the company's past actions. >> organizers of the walkout for real change have hit on what they say is a culture of complicity, dismissiveness and support for perpetrators of sexual harassment and misconduct at the company. at the tech giant's eu headquarters, hundreds of employees took part in the hour-long walkout. >> i decided to coordinate this gathering as one of the many google sites that are walking out today in solidarity with anybody who has experienced any form of sexual harassment or misconduct in our workplace. >> similar protests were organized at google offices around the world. last week, the company disclosed that it had fired 48 employees, including 13 senior executives for sexual ha
google employees around the world have walked off the job today, protesting what they see as the tech giant's lenient treatment of executives accused of sexual misconduct. employees staged walkout in new york, dublin, london, tokyo and singapore. last week, the coo of google disclose that they had fired 38 employees,s, including 13 executives for sexual harassment. he also apologogized f t the company's past actions. >> organizers of the walkout for real change have hit on what they say...
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Nov 13, 2018
11/18
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BLOOMBERG
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some weakness in the tech sector because of the week this in the asian tech sector, the selling theiroxx 600, biggest sellers here, but we see some like dialogue moving lower in that space. bnm, down by 9.3%. u.k. discount retailer and like for like sales number in the second quarter coming in as a disappointment to some investors. a mixed bag elsewhere on the rest of the stoxx 600 fallers. desley humphrey has the first word news from dubai. desley: tensions between the u.s. and longtime alley saudi arabia -- ally saudi arabia are rising as president trump slams the proposal to curb oil production at year. he tweeted that should not happen and prices should be lower based on supply. the message hours after saudi arabia said opec and its allies should reverse about half the oil output they made earlier this year. vice president mike pence reaffirms support for the u.s.-japan alliance as he met prime minister shinzo abe in tokyo. concerns in asia that the u.s. is less committed to the region under president trump. news the white house is circulating a draft report on potential new tarif
some weakness in the tech sector because of the week this in the asian tech sector, the selling theiroxx 600, biggest sellers here, but we see some like dialogue moving lower in that space. bnm, down by 9.3%. u.k. discount retailer and like for like sales number in the second quarter coming in as a disappointment to some investors. a mixed bag elsewhere on the rest of the stoxx 600 fallers. desley humphrey has the first word news from dubai. desley: tensions between the u.s. and longtime alley...
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Nov 20, 2018
11/18
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BLOOMBERG
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certainly, the focus is on tech. and also on autos. nissanpe, renault and taking the edge off of things. the pound is pretty stable at this hour. may at the cbs today addressing business and getting businesses to support her brexit plan and so far, not facing a leadership challenge. something coming up later in programming, we will be speaking exclusively to the vice chancellor of germany. let us check in with the bigger picture story and the details on the asian equity trading day. juliette saly has that for us and she joins us from singapore. wreck herdingtech asian stocks today. down 1%. a lot of the weakness coming through in hong kong, the hang seng has woken through a key level. luxury watch retailers falling on china's demand worries. and cryptocurrency players under pressure as well. asxng a look at the asx -- 200. the aussie dollar is fairly steady. the rba commenting that they could see unemployment fall further. the big watches the nikkei in japan. that is have a look at some of the stocks. you mentioned the auto industry. th
certainly, the focus is on tech. and also on autos. nissanpe, renault and taking the edge off of things. the pound is pretty stable at this hour. may at the cbs today addressing business and getting businesses to support her brexit plan and so far, not facing a leadership challenge. something coming up later in programming, we will be speaking exclusively to the vice chancellor of germany. let us check in with the bigger picture story and the details on the asian equity trading day. juliette...
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Nov 12, 2018
11/18
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FBC
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right now, the biggest names in tech are caught in the headline of a whole bunch of crosshairs and that deluge is not slowing down any time soon. starting with tech regulation, not in europe as you would expect but here at home in the u.s., president trump saying he will consider reaching across the aisle to work with democrats to regulate social media companies like twitter, facebook and alphabet. then you have google's ceo gearing up to head to capitol hill in the next few weeks for a public hearing. that has to do with privacy, things like that. but the dangers aren't just here at home. take a look overseas. big tech bracing for impact after uk's finance minister announced a new digital services tax on revenues that will apply to search engines, social media platforms and online marketplaces. multiple countries in asia, latin america say we like that idea, we may follow suit in the tech tax train. forget the external threats. what's companies like google and facebook promising to be more forceful and open about their handling of sexual misconduct cases after google employees staged a
right now, the biggest names in tech are caught in the headline of a whole bunch of crosshairs and that deluge is not slowing down any time soon. starting with tech regulation, not in europe as you would expect but here at home in the u.s., president trump saying he will consider reaching across the aisle to work with democrats to regulate social media companies like twitter, facebook and alphabet. then you have google's ceo gearing up to head to capitol hill in the next few weeks for a public...
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and of course we'll keep track of the tech stocks in the coming days here on the w. business continue to france now where protests against the introduction of higher fuel prices continue supporters of the movement called yellow warning vests blocked highways and traffic junctions causing of course problems in transit they are mainly directed against higher taxes on diesel and petrol hundreds of people were already injured in similar actions over the last week and fuelled by indignation these protestors near dunkirk and northern france are among the hundreds of thousands of people who took to the streets to express their opposition to the government's fuel tucked the so-called yellow vest actions stop traffic on major roads across the country. it usually takes me twelve minutes to get to work i've been stuck here for two hours nothing is happening. so. i arrived here at three am and got stuck i can't move. waiting to see where this goes nobody knows what's going to happen. the protesters are fed up with the tax hikes diesel the most commonly used fuel in french cars h
and of course we'll keep track of the tech stocks in the coming days here on the w. business continue to france now where protests against the introduction of higher fuel prices continue supporters of the movement called yellow warning vests blocked highways and traffic junctions causing of course problems in transit they are mainly directed against higher taxes on diesel and petrol hundreds of people were already injured in similar actions over the last week and fuelled by indignation these...
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you know we have a couple of things going on especially in the high tech world the nasdaq composite here on monday down by three percent there was all those scandals that spaceport there seem to be turmoil in the boardroom this dog was down a good five percent and since its recent high in july dropped by more than forty percent but then also it seems to be that the boom in the cryptocurrency market is over a bit calling for example dropped below the five thousand dollar mark like a stone and that is the effect in chip makers like nvidia who are supplying chips for this industry and video stock being down by more than ten percent in the monday's session alone and that we shouldn't forget the tech stocks were the main driver in the first half of the year but now investors are selling heavily into that industry situation that is certainly worrying many thank you very much and scotty for following the story for us in new york and of course we'll keep track of the tech stocks in the coming days here on the w. business continue to france now where protests against the introduction of higher fu
you know we have a couple of things going on especially in the high tech world the nasdaq composite here on monday down by three percent there was all those scandals that spaceport there seem to be turmoil in the boardroom this dog was down a good five percent and since its recent high in july dropped by more than forty percent but then also it seems to be that the boom in the cryptocurrency market is over a bit calling for example dropped below the five thousand dollar mark like a stone and...
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Nov 22, 2018
11/18
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CSPAN2
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workers are part of the solution. techn't build housing. silicon valley allowed all these jobs to be created both in the 90s and it sits, the cupertino city council won't require apple to build housing so apple adds 10,000 jobs to cupertino and where are those people going to live? san francisco, there you live in daly city a small town next door it's not hip place. tech workers are moving in becoming part of the solution and temper the scope it should be blamed as they often are. i discuss in the book how documentary there is no blaming of tech workers is so unfair instead of blaming the policies that don't build the housing and pitch tech workers against everyone else for scarce land because we could do a lot more in every city there is the same dynamic where tenants are blamed.the ones paying the skyrocketing rent. they're not landlords they are tenants. they are paying these huge rents you read about and they are mad as hell. that's what i talk about. and with the tech workers and we are seeing in san francisco we elec
workers are part of the solution. techn't build housing. silicon valley allowed all these jobs to be created both in the 90s and it sits, the cupertino city council won't require apple to build housing so apple adds 10,000 jobs to cupertino and where are those people going to live? san francisco, there you live in daly city a small town next door it's not hip place. tech workers are moving in becoming part of the solution and temper the scope it should be blamed as they often are. i discuss in...
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Nov 21, 2018
11/18
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BLOOMBERG
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we have the tech turmoil continuing. oil below $54 a barrel. just getting a little bit of ground after falling more than 5% on tuesday. s&p has placed the carmakers credit rating on negative watch. news reporting that tokyo prosecutors are considering building a case against nissan over financial misconduct. keeping an eye on takeda. a company with an acquisition. u.s. retailer earnings disappointed. we are keeping an eye on the clothing maker. haidi, i want to highlight one stock in sydney that is taking a very deep hit. that is cyb falling the most falling the most. prior content charges for the payment protection insurance scandal. isfice to say, cybg forecasting a grim outlook and has warned that brexit uncertainty is hitting the economy in the u.k.. haidi: sophie kamaruddin among the markets for us. let's take a look at one of the .ther big decliners stocks are weighing on energy. growing doubts to opec's commitment to output curves. tuesday's decline was wti second-worst plunge in years. let's bring in stephen. we are bracing for what the
we have the tech turmoil continuing. oil below $54 a barrel. just getting a little bit of ground after falling more than 5% on tuesday. s&p has placed the carmakers credit rating on negative watch. news reporting that tokyo prosecutors are considering building a case against nissan over financial misconduct. keeping an eye on takeda. a company with an acquisition. u.s. retailer earnings disappointed. we are keeping an eye on the clothing maker. haidi, i want to highlight one stock in sydney...
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Nov 17, 2018
11/18
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ALJAZ
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i don't think we should rely on people like me who are within the tech industry to be the sole critics or the sole agents of change that would be a problem but i think it's crucial that there be people inside the industry willing to call the true that i think it is i mean we saw it as an industry insider as someone who was there for the start of the internet and you say you love silicon valley you want to see improve on the one hand some people say your supporters will say see even john lennon is saying this and he was there from the beginning he's he knows it inside out others might say hold on that makes jaron lanier a hypocrite because he made his name in this field he made his money out of it and now he's criticizing everyone else who's still in the business you know i was one of the earlier people to criticize what we're doing i started writing critical essays about this i wrote an essay in ninety two saying if we keep on going we're doing there might someday be these bots that would do battle with each other to influence people and could throw an election so i mean i think about
i don't think we should rely on people like me who are within the tech industry to be the sole critics or the sole agents of change that would be a problem but i think it's crucial that there be people inside the industry willing to call the true that i think it is i mean we saw it as an industry insider as someone who was there for the start of the internet and you say you love silicon valley you want to see improve on the one hand some people say your supporters will say see even john lennon...
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Nov 13, 2018
11/18
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KQED
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the dow tumbles 600 points to start the week as the wave of selling spread from one sector to the next. >>> tech wreck. apple tanks and brings the of the sector down with it. what will it take for tech to regain its footing and what happens if it doesn't? >>> california burning. fires are spreading, cost estimates are rising and statei ies are coming under scrutiny. those stories anduch more tonight on "nightly business report" for this monday, november 12th. g,>>> good even everyone, and welcome. it was an ugly day on wall street. stocks fell hard, led lower by a sell offin technology, but there was more to it, a lot more. the declines quicklypread throughout the market and the end result was a broad selloff that took dn just about everything. let's get right to the final numbers for you. the dow jones industrial average slid 602 points to 25,387. the d nasdaq wasn 206 points or 2.8% and the s&p 5 fell 54. boisani reports from the center of itll at the new york stock exchange. >>> it was a sea of red today on wall street with the dow plunging more than 600 points. the markets are boxed in becau
the dow tumbles 600 points to start the week as the wave of selling spread from one sector to the next. >>> tech wreck. apple tanks and brings the of the sector down with it. what will it take for tech to regain its footing and what happens if it doesn't? >>> california burning. fires are spreading, cost estimates are rising and statei ies are coming under scrutiny. those stories anduch more tonight on "nightly business report" for this monday, november 12th....
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see google employees around the world have walked off the job today protesting what they see as the tech giants lenient treatment of executives accused of sexual misconduct employees staged walkouts in new york dublin london tokyo in singapore the last week the c.e.o. of google disclosed that the company had fired forty eight employees including thirteen senior executives for sexual harassment in recent years he also apologized for the company's past actions. organizers of the walkout for real change have hit out at what they say is a culture of complicity dismissiveness and support for perpetrators of sexual harassment and misconduct at the company at the tech giant's e.u. headquarters in dublin hundreds of employees took part in the hour long walk out. i voted to courtney open bobber one of the many google fights that are walking out today and the thoughts are with everybody with the very end any form of stop. or misconduct and. similar protests were organized at google offices around the world last week the company disclosed that it had fired forty eight employees including thirteen s
see google employees around the world have walked off the job today protesting what they see as the tech giants lenient treatment of executives accused of sexual misconduct employees staged walkouts in new york dublin london tokyo in singapore the last week the c.e.o. of google disclosed that the company had fired forty eight employees including thirteen senior executives for sexual harassment in recent years he also apologized for the company's past actions. organizers of the walkout for real...
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global markets are in the red after a sell off tech shares expanded to other sectors the dow jones index who raises its gains for the entire year as it's keeping him as c.e.o. . and young populations building on a strong internet infrastructure empowering entrepreneur talk to some of them. it's time for business on the w m how you welcome to the program tech stocks are heavily losing market value on the trading floors some compare it to a bubble others say it's nothing to worry about the developments originated of course in the u.s. where the big names are under pressure but repercussions are global as stock market slide driven by some of the biggest names in tech take apple at the beginning of this month it was worth over a trillion dollars now it's dropped to eight hundred eighty billion one reason for the decline weaker than expected demand for the latest i phone models. not just for apple but for the entire benchmark s. and p. index here is why. well when a company represents close to five percent of the s. and p. five hundred itself then you do have companies that are behemoths that
global markets are in the red after a sell off tech shares expanded to other sectors the dow jones index who raises its gains for the entire year as it's keeping him as c.e.o. . and young populations building on a strong internet infrastructure empowering entrepreneur talk to some of them. it's time for business on the w m how you welcome to the program tech stocks are heavily losing market value on the trading floors some compare it to a bubble others say it's nothing to worry about the...
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that's financial technology with henri are still waiting in the fin tech and crypto leader at big four accounting for pricewaterhouse coopers but first we hit it hard and move right to the breaking news related to brecht's it let's go. british prime minister theresa may says she will carry on and see the brics that process to its end after the resignation today of four cabinet members including her brecht's that minister dominic robb the prime minister held a news conference earlier amid reports of internal party challenges to her leadership and acknowledged their resignations while insisting that her deal was best for the u.k. and the e.u. here's what she had to say my approach throughout has been to put the national interest. and you don't judge harshly those of my colleagues who seek to do the same but you reach a different conclusion they must do what they believe to be right just as i. i'm sorry that they've chosen to leave the government and i think them for their service ms may's leadership was criticised by opposition labor party's shadow brecht's that secretary and
that's financial technology with henri are still waiting in the fin tech and crypto leader at big four accounting for pricewaterhouse coopers but first we hit it hard and move right to the breaking news related to brecht's it let's go. british prime minister theresa may says she will carry on and see the brics that process to its end after the resignation today of four cabinet members including her brecht's that minister dominic robb the prime minister held a news conference earlier amid...
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Nov 20, 2018
11/18
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BLOOMBERG
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we could be following the downtrend with tech stocks in focus. utures are down 300 points at the moment. the china a 50, we did see losses as well when shanghai opens up. yields have been pretty much flat on treasuries as well. 6.9384hovering around . here is another interesting chart about what is going on in china. the market volatility on the u.s. side, relatively speaking, china is looking a little bit stronger. let's look at some of the stocks in the shanghai composite. 81% of the shares on the benchmark are trading above their 50-day moving average. 17% above the 200-day moving average. speaking, you can find a little more comfort as a look ahead to the china markets. rishaad: absolutely. we can't not talk about trade. let's have a look at what is going on. what is occupying your time these days more than anything else? [laughter] >> biting my fingernails, looking at how everything -- you know. it's not worth a lot, but better than some of the alternatives out there. you look at what is happening in brexit, in apec, or with the looming g20 a
we could be following the downtrend with tech stocks in focus. utures are down 300 points at the moment. the china a 50, we did see losses as well when shanghai opens up. yields have been pretty much flat on treasuries as well. 6.9384hovering around . here is another interesting chart about what is going on in china. the market volatility on the u.s. side, relatively speaking, china is looking a little bit stronger. let's look at some of the stocks in the shanghai composite. 81% of the shares...
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order to actually improve our financial health and again this is a great example of the benefits the fin tech has not only on the financial services industry but also on individuals you mentioned henri a few companies but i want to ask you and maybe the answer is all of the above but which are the biggest companies looking at. you mentioned facebook there's amazon ali a ten cent which are making this sort of major moves out there. yeah that's a very interesting when you look at the large technology firms obviously these large technology firms have an advantage over startups may not only to have deeper pockets but with certain extent they have the trust of their of their users i mean for example if i'm happy to put all my my kids' pictures on facebook i would want to wouldn't i use that as well to send money to friends and family or if i'm buying all my daily necessities on amazon we're going to use that tool as well to buy insurance products and what's being really interesting now is how we're seeing these large technology firms enter the financial services space and this is again one area wh
order to actually improve our financial health and again this is a great example of the benefits the fin tech has not only on the financial services industry but also on individuals you mentioned henri a few companies but i want to ask you and maybe the answer is all of the above but which are the biggest companies looking at. you mentioned facebook there's amazon ali a ten cent which are making this sort of major moves out there. yeah that's a very interesting when you look at the large...
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Nov 5, 2018
11/18
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BLOOMBERG
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but i think the amazing tech u.s. mpanies have enjoyed in the last 15 or 20 years was based on the fact that those are global companies. emily: my interview with dst global founder, yuri milner. he said the next big thing in tech he believes will be artificial intelligence. more from the breakthrough price later this hour. and we have another interview ahead. reaping the benefits of in on this investments in technology. softbank far exceeding estimates. sun has been remaking the company from a telecom operator into a tech investment firm with a $100 billion vision fund. but masayoshi son began his press conference by addressing another topic, questions about the murder of a saudi arabian journalist and his relationship to the country. >> i met with the crown prince and saudi officials. i raised our concerns with them and i asked for further clarity on the case. they said they are taking this very seriously. pressed the said he saudis to get to the bottom of the killing of the government critic, jamal khashoggi, by saud
but i think the amazing tech u.s. mpanies have enjoyed in the last 15 or 20 years was based on the fact that those are global companies. emily: my interview with dst global founder, yuri milner. he said the next big thing in tech he believes will be artificial intelligence. more from the breakthrough price later this hour. and we have another interview ahead. reaping the benefits of in on this investments in technology. softbank far exceeding estimates. sun has been remaking the company from a...
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Nov 12, 2018
11/18
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BLOOMBERG
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the conditions are there. taylor: i want to talk about tech as we look at the s&p 500. major categories are and then tack is 3.5% lower. what is going on that makes tech the driver lower? luke: the biggest thing we can point at the selloff, the simplest is sometimes the past. after rising rates and fears about the length and advance of the global economy, tech is seeing a huge re-rating. it is pretty much now at its lowest levels of 2018 and that is getting chopped down throughout this selloff but if you look at it, it is hard to draw that line in the sand. where does it end because the lowest tech premium of 2018 is also the average for 2017 or higher than most of 2016. if you are concerned about earnings power or how long the cycle will last, are you going to pay that much more for a netflix versus a staple that you are pretty confident, that's why i think disney was possibly a catalyst again for netflix is a competitor talking about ramping up any success it has had already. i'm wondering if walmart will be the same for amazon. taylor: i like you talked about earning
the conditions are there. taylor: i want to talk about tech as we look at the s&p 500. major categories are and then tack is 3.5% lower. what is going on that makes tech the driver lower? luke: the biggest thing we can point at the selloff, the simplest is sometimes the past. after rising rates and fears about the length and advance of the global economy, tech is seeing a huge re-rating. it is pretty much now at its lowest levels of 2018 and that is getting chopped down throughout this...
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Nov 13, 2018
11/18
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FBC
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the e-commerce giant said it wanted to tree cute enough of the best tech talent. as part of the contract between amazon and the two cities, they are required to assist amazon in obtaining federal approval to create heliing pads. some locals from some local cities who didn't get the nod seemed relieved. locals in seattle complain about skyrocketing rents and prolonged construction and credit locked. and others felt burned because local officials released so much data about their communities to the tech giant. amazon still up 40% year to date. s. and p500 -- s & p 500 still up 5%. blake: women and money is this friday at 9:30 eastern on the fox business network. amazon says this is a winner. virginia stand to receive $3.2 billion in tax revenue over the next 20 years with workers averaging over $150,000 a year. virginia will give amazon $573 million in breaks. $550 million a cash front and. and money from a long on for infrastructure projects. an average salary of $150,000. new york will give $1.525 billion in performance. that's and refundable tax credit and a cash
the e-commerce giant said it wanted to tree cute enough of the best tech talent. as part of the contract between amazon and the two cities, they are required to assist amazon in obtaining federal approval to create heliing pads. some locals from some local cities who didn't get the nod seemed relieved. locals in seattle complain about skyrocketing rents and prolonged construction and credit locked. and others felt burned because local officials released so much data about their communities to...
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Nov 24, 2018
11/18
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BLOOMBERG
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find a way to move forward. >> governments around the world, in particular in europe, are viewing the technies much more skeptically. what is the correct view with governments that have the lowest possible impression of the company? john: every company owes users a clear set of policies around privacy and security. we should have those. we need governments to help policy. we have a hole. i am leery about government passing laws and legislation. our copyright law is still stuck in the last two centuries. we have to be careful, but regulations about the rules, privacy and security, would probably help create a level playing field for all the tech companies and they would know what their obligations are. >> do you worry about aggressiveness in terms of acquisitions have been curtailed? if google were to announce a youtube-style acquisition tomorrow, i would have a hard time seeing that approved in this political climate. john: acquisitions have been potentially curbed by anti-trust concerns. if any of these companies would do an acquisition that would strengthen their hold on a core market, t
find a way to move forward. >> governments around the world, in particular in europe, are viewing the technies much more skeptically. what is the correct view with governments that have the lowest possible impression of the company? john: every company owes users a clear set of policies around privacy and security. we should have those. we need governments to help policy. we have a hole. i am leery about government passing laws and legislation. our copyright law is still stuck in the last...
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Nov 20, 2018
11/18
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jonathan: people are calling the ground swell a tech lash. ng in other industries as well. charge,s leading the but it is certainly happening in yhe united states and man senators want to break up tech giants and change the way guidelines are and passing the sherman act. i think it is overdue. joe: the conventional wisdom is that there is a lot of anxiety and criticism of big companies, particularly big tech companies in d.c., but no one will get acte act together -- their together. are people too sanguine about whether it is legislative level or regulatory level that major changes will, and the power of these companies will reach a limit where policy action has to be a response to it? jonathan: there certainly is a revolving door in do-nothing institutions currently. on the other side, things are changing. romaine: is there a way for these changes to happen without a major disruption to social order? i feel like most of the backlash is going to things that are rather extreme. jonathan: one of the things are wrote the book is that i believe in
jonathan: people are calling the ground swell a tech lash. ng in other industries as well. charge,s leading the but it is certainly happening in yhe united states and man senators want to break up tech giants and change the way guidelines are and passing the sherman act. i think it is overdue. joe: the conventional wisdom is that there is a lot of anxiety and criticism of big companies, particularly big tech companies in d.c., but no one will get acte act together -- their together. are people...
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Nov 13, 2018
11/18
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CNBC
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tech and other sectors as well. aol's founder steve case put out a statement today talking about the growth of the tech sector in the how the defense sector played a great part you know all about that, of course >> oh, i do as they compete for the jedi cloud contract. thank you. >>> as we head to break we're keeping a close eye on oil crude has extended its losses falling below $58 a barrel that would be the lowest level we've seen since december of 2017 >>> take a look at the dow it's up 56 points but not because of boeing. boeing is the biggest drag on the dow down 1.5%. the latest is unveiled regarding that lion airplane crash the biggest point drag on the dow, home depot lower. he reft ts. >>> the dow is up fractionally the nasdaq up a full percent now let's go to the cme. rick santelli has "the santelli ex change. rick >>> thanks, jon. when we have low interest rates for so long, what ultimately happens is we created a world of complicated but very profitable trades you could generically call them carried trades with low interest rates there are so many ways to find finance structures that benefit the fact you
tech and other sectors as well. aol's founder steve case put out a statement today talking about the growth of the tech sector in the how the defense sector played a great part you know all about that, of course >> oh, i do as they compete for the jedi cloud contract. thank you. >>> as we head to break we're keeping a close eye on oil crude has extended its losses falling below $58 a barrel that would be the lowest level we've seen since december of 2017 >>> take a look...
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Nov 19, 2018
11/18
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ALJAZ
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when appeal ations all the tech companies engage in them to some degree but not totally so there might be additional reasons to criticize the other tech companies there probably are but it's where is this particular issue of running a mass mental manipulation machine for profit that's really google and facebook and then i don't know maybe the older you make the argument very strongly in your book you're making the argument very eloquently today but do you worry that your connection to microsoft which you said full disclosure of being a research remarks didn't undermines your argument all part of one of the rival your one of the companies that you say isn't as bad as google and facebook doesn't undermine you in some way well i love silicon valley i'm a creature of it and i want us to be better and i feel that being a loyal opposition being able to say what we're doing is wrong we need to change is my duty. it's it's some and i used to be rather lonely doing this there weren't too many others but in recent years it's actually become much more acceptable and common for people in the tech
when appeal ations all the tech companies engage in them to some degree but not totally so there might be additional reasons to criticize the other tech companies there probably are but it's where is this particular issue of running a mass mental manipulation machine for profit that's really google and facebook and then i don't know maybe the older you make the argument very strongly in your book you're making the argument very eloquently today but do you worry that your connection to microsoft...
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Nov 2, 2018
11/18
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BBCNEWS
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google‘s global walkout — staff show their anger at the tech giant's treatment of women and ethnic minoritiesus imposes new sanctions on venezuela. we meet some of the millions left homeless and hungry by the country's economic crisis. and the new sound of south africa — we meet the djs setting a course from the street to stardom. with an eye to next week's midterm elections, crucial to deciding who controls congress, president trump has ramped up his rhetoric on immigration. many of his claims are unproven, some of what he's proposing may be unconstitutional, and he's drawn criticism even from senior figures in his own party. but the thousands of central americans making their way towards the southern border of the us have become an election issue, even though they're still hundreds of miles away. our north america editor jon sopel reports. it feels as though america is going on to a war footing. thousands of troops are being mobilised. destination — the southern border. the enemy — men, women, and children winding their way up through mexico. 15,000 soldiers are being deployed to stop immig
google‘s global walkout — staff show their anger at the tech giant's treatment of women and ethnic minoritiesus imposes new sanctions on venezuela. we meet some of the millions left homeless and hungry by the country's economic crisis. and the new sound of south africa — we meet the djs setting a course from the street to stardom. with an eye to next week's midterm elections, crucial to deciding who controls congress, president trump has ramped up his rhetoric on immigration. many of his...
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Nov 6, 2018
11/18
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KQED
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the nals. but is there enough tech talent here? that question is why amazon may be looking at splitting hq-2 in two. and why officials in the other finalists like nashville are not giving up yet. bids. can't compa i think there's, again, i think it's a littleit of what amazon slo is looking for. do they want that larger metropolitan area or a city like inashville is that more livable. >> amazon could still change the mind. oneny official not involved in the selection weekendtweeted over the whoever is leaking news about crystal city is not doing the community any favors. a lesson to all the finalists, thn't count your chickens until amazon delivers. for nightly business report, scott cohen, arlington, virginia >>> here's a look at the final numbers today. the dow jones industrial average rose 190. nasdaq fell 28. s&p 500 was up 15. >>> and that will do it for us tonight. i'm sue her airachlt thank you r joining us. >> i'm bill griffith. get out the vote tomorrow. we'll se>>you tomorrow. ep. >> this is "bbc world news america." >> fu
the nals. but is there enough tech talent here? that question is why amazon may be looking at splitting hq-2 in two. and why officials in the other finalists like nashville are not giving up yet. bids. can't compa i think there's, again, i think it's a littleit of what amazon slo is looking for. do they want that larger metropolitan area or a city like inashville is that more livable. >> amazon could still change the mind. oneny official not involved in the selection weekendtweeted over...
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Nov 10, 2018
11/18
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BLOOMBERG
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around the big tech stocks. ing us into the implications of the midterms. he examines the trump administration as it heads toward a potential reelection. it is bananas. you can find more stories on businessweek.com over the weekend. ason: more bloomberg television starts right now. ♪ ♪ emily: i am emily chang. this is the best of bloomberg technology, where we will bring you the best of our interviews. coming elections worldwide, where despite the meddling outcry, facebook and google are the big winners of the night. and the most influential tech investor from russia is not overly concerned about facebook and election meddling. wer
around the big tech stocks. ing us into the implications of the midterms. he examines the trump administration as it heads toward a potential reelection. it is bananas. you can find more stories on businessweek.com over the weekend. ason: more bloomberg television starts right now. ♪ ♪ emily: i am emily chang. this is the best of bloomberg technology, where we will bring you the best of our interviews. coming elections worldwide, where despite the meddling outcry, facebook and google are...
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with henri where again the fin tech and crypto leader a big four accounting firm pricewaterhouse coopers and as we go to break here are the numbers at the closing bell all green arrows on our big board today we're back in a flash. hillary clinton is a warmonger and the democrats are easily conned into spending trillions of dollars and the defense industry and why they control the house defense stocks went up they mean is there any clear indication that the democrats are the party of war. supposed to sleep well. my little course on the syria. rolls going to say we're a business with the most into it because. this is. not a slow slow slow slow slow motion i am going to. sit. on. the case is that because the way that nobody else to look at the money on the funniest diplomacy it's home to show such as the fluid so almost like. you do in your midst. welcome back the troubles of jet airways are in the news yet again today as a corporate suitor as emerged to woo the troubled carrier into a merger tatto sons ltd is reportedly pitching a two step plan which would give the
with henri where again the fin tech and crypto leader a big four accounting firm pricewaterhouse coopers and as we go to break here are the numbers at the closing bell all green arrows on our big board today we're back in a flash. hillary clinton is a warmonger and the democrats are easily conned into spending trillions of dollars and the defense industry and why they control the house defense stocks went up they mean is there any clear indication that the democrats are the party of war....
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Nov 11, 2018
11/18
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CNNW
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can you tell the tech people from the non-tech people? clothing. they're kind of easy to spot. they have a walk. >> anthony: they have a walk? >> astra: yeah. they're just all the same. there's nothing that really stands out about them. they're so dull. ♪ you've got to feel that rhythm ♪ ♪ that algorithim you've got the feel ♪ ♪ that rhythm that algorithm ♪ ♪ tech boys >> astra: you know, dating apps are really big here. i have a few girlfriends who have dated a couple of tech boys. >> is their personal hygiene an issue? >> astra: like the nerdier tech boys will have that smell. that mildewy smell. you know what i'm talking about? >> anthony: wow, you really have a low opinion of these people. >> astra: well, we're generalizing now, tony. >> anthony: i'm all for that. [ laughter ] everybody in seattle is a musician, a serial killer or a chef as far as i'm concerned, so. >> anthony: in a lot of ways, this was always a company town. you know, boeing, before boeing it was a logging town. the new company is tech and it is flooding money into
can you tell the tech people from the non-tech people? clothing. they're kind of easy to spot. they have a walk. >> anthony: they have a walk? >> astra: yeah. they're just all the same. there's nothing that really stands out about them. they're so dull. ♪ you've got to feel that rhythm ♪ ♪ that algorithim you've got the feel ♪ ♪ that rhythm that algorithm ♪ ♪ tech boys >> astra: you know, dating apps are really big here. i have a few girlfriends who have dated a...