40 Burst results for "Cnbc"

Fresh update on "cnbc" discussed on 10 10 WINS 24 Hour News

10 10 WINS 24 Hour News

00:39 min | 37 min ago

Fresh update on "cnbc" discussed on 10 10 WINS 24 Hour News

"Whether in part or in full Reducing the risks for evictions once the statewide moratorium expires, which would be by the way two months after whenever the current public health emergency expires. New Jersey today reported 12 new corona virus debts and 384 new cases. Russia is boasting that it's about to become the first country to approve a covert 19 vaccine with Mass vaccinations plan for the fall. Scientists, though, are raising some doubts. Dr. Anthony Fauci, among us is planning on mass vaccinations as early as October, using shots that have yet to complete clinical trials, and scientists will wide a sounding the alarm that the headlong rush could backfire. In an AP interview. Lance Gostin, a public health law expert at Georgetown University, says he's worried Russia's cutting corners so that the vaccine that will come out may not be just ineffective but also unsafe. Health expert adds. It doesn't work that way. Trials come first. That's really important. I'm Charles de la Decima wins news Time 7 40 for the stimulus talks collapsed today. Correspondent Catherine Folders is in one talks between the Trump Administration and Democratic leadership have collapsed, with both parties leaving negotiations Friday, citing no measured progress towards an agreement. And no plans for a future meeting. Treasury Secretary Steve Mnuchin said the administration is poised to take executive action on Corona virus relief focused on unemployment insurance, student loans and evictions. The chief and I will recommend to the president based upon Our lack of activity a day to move forward with some executive orders. White House Chief of Staff Mark Meadows says President Trump will likely sign these orders over the weekend. President Trump is filling up his campaign coffers this weekend. The president is at his golf resort in New Jersey. But he is expected to head to the Hamptons for a multi $1,000,000 fund raiser hosted by his son, Donald Trump Jr. And Trump Junior's girlfriend. Kimberly Girl gold file. Former Fox News host CNBC says $100,000 will get donors a seat at a round table with the president. $50,000 will get them a photo op. Our coverage will continue in just a moment on 10 10 wins wins News time. 7 45 And now a game of commercial chicken. Brought to you by progressive where we see how long flow could go without.

President Trump Trump Administration New Jersey Trump Junior Donald Trump Jr Russia Dr. Anthony Fauci Charles De La Decima Executive Lance Gostin Catherine Folders Cnbc Fox News Georgetown University Chief Of Staff Steve Mnuchin
Trump administration wants to purge Chinese tech from US networks

Techmeme Ride Home

01:36 min | 1 d ago

Trump administration wants to purge Chinese tech from US networks

"In a speech yesterday secretary of State Mike pompeo outlined a new five pronged quote unquote clean network effort designed to curb potential national security risks allegedly posed by technology from. This would specifically include banning untrusted Chinese apps from us, APP stores. Let me go through the five prongs line by line. I, a concept called clean carrier. The US government is working to ensure that untrusted Chinese telecoms can't provide or interfere with US communications second clean store quote we want to see untrusted Chinese apps removed from US APP stores, and quote Third Clean Apps Pumpido said he wants to keep Wa and other Chinese manufacturers from pre installing or Even, making available popular US apps. Fourth Clean Cloud, making sure Americans data is protected and can't be accessed by cloud systems from alibaba China Telecom tencent and Others v Clean Cable keeping undersea cables secure particularly from Wa Wa quoting CNBC with parent companies based in China APPS TIKTOK and we chat and others are significant threats to personal data of American citizens not dimensioned tools for Chinese Communist Party content censorship pompeo said during a press briefing, the nation's top diplomat. Added that the State Department would work with the Commerce Department as well as the Defense Department to limit the ability of Chinese cloud service providers to collect store and process data in the United States and quote.

Mike Pompeo Chinese Communist Party United States Alibaba China Telecom WA State Department Commerce Department Defense Department China Cnbc Telecoms Tencent
Fresh update on "cnbc" discussed on 10 10 WINS 24 Hour News

10 10 WINS 24 Hour News

00:38 sec | 2 hrs ago

Fresh update on "cnbc" discussed on 10 10 WINS 24 Hour News

"The Hamptons to kick off a weekend of fundraising. He was at bat Mr in New Jersey last night, he said, to raise millions for his campaign and the Republican National Committee. CNBC reporting the monies raised will go to his victory committee officials. There's the local pandemic guidelines have to be followed for everybody attending a New York state allows social gatherings only of up to 50 people. The weekend of events include a gathering at the home of his eldest son, Donald Jr. Located in Bridgehampton. Wins news time. 6 14 And now a game of commercial chicken. Brought to you by progressive where we see how long flow could go without talking about insurance. Ready? Go. So, um Have you noticed how everyone's grammar is completely awful now? Like, you know, the texting and the Hello, Els. Whatever.

Republican National Committee New Jersey Cnbc Donald Jr Bridgehampton New York
Phil Schiller advances to Apple Fellow

Techmeme Ride Home

01:01 min | 3 d ago

Phil Schiller advances to Apple Fellow

"Super late breaking news here. Phil, Schiller is stepping down as apple senior vice president of worldwide marketing to be replaced by his deputy Greg Joswiak quoting CNBC, Schiller will continue to work at apple as an apple fellow the company said and will continue his role as the boss of Apple's APP store and company. Events Schiller will also continue to report to apple. CEO Tim. Cook Schiller has worked at apple since nineteen, eighty seven I'll keep. Working here, as long as they'll have me, I bleed six colors, but I also want to make some time in the years ahead for my family friends and a few personal projects I care deeply about Schiller said in a statement Schiller's departure from his formal role on Apple's leadership team comes following several other notable departures over the last couple of years including head of design Johnny. I've PR, boss Steve Dowling and retail boss Angela errands. But apple also made an addition to its exact team in that same time period with John John Andrea the head of artificial intelligence and quote.

Cook Schiller Apple Senior Vice President Of World Greg Joswiak John John Andrea Cnbc Steve Dowling Phil CEO TIM Angela
Fresh update on "cnbc" discussed on The Rush Limbaugh Show

The Rush Limbaugh Show

02:05 min | 4 hrs ago

Fresh update on "cnbc" discussed on The Rush Limbaugh Show

"And then to keep them shut down when other states were reopening or trying to. In these blue states this virus. Caused many of the governors. And mayors. To literally promote. Violence in the form of rioting and looting. And firebombing. It wasn't just peaceful protests in Oregon. We're now over seventy consecutive days of rioting and property destruction and mayor out there in Portland. As, just pretty much accused these people of murder and that they should stop it because it's helping trump. They shouldn't stop because it's destroying property and they shouldn't have stop it because it's not their property they're destroying and they shouldn't stop because right thing to do and they should stop doing what they're doing for a while because it's helping. Donald Trump. So the question how does an economy recover? From virus. That causes blue states to shut everything down and then. Permit. Civil unrest that further destroys. These states and cities. The answer to the question is you re elect Donald Trump. Trump's magic wand as Obama referred to it not only worse with manufacturing jobs, trump can overcome a pandemic panic. And this just highlights what a disastrous week this has been. For. Joe. Biden I his obvious racist comments about black Americans and Hispanics and diversity and now. A good jobs report here's the Fox News. Let's look at them I the headline Fox News story on this US hiring tops expectations. One point eight, million jobs added as unemployment rate falls to ten point two percent economists surveyed by reflective expected to report the show that unemployment dropped a ten and a half percent, but it's even better than that. So once again, the experts are surprised the experts a little shock because the economy performed much better than they forecast. US economy added one point eight million jobs in July, even as a wave of new virus cases. Forced most states to pause or reverse their reopenings causing a slight pullback in hiring and yet. Even with a slight pullback in hiring and with more states. Pausing they're reopening. We still added one point, eight, million jobs, the payroll increase reported today, but the Labor Department. was below the four point, eight, million jobs created in June which was the highest recorded. Unemployment rate fell ten point two percent down from eleven point one percent in June. That's the Fox. News version. Here is the CNBC. Version US jobs rise by one point, eight, million in July versus one point four, eight, million expected. To months of record. Setting payroll. Growth. Slowed a little bit in July but was still better than Wall Street estimates even as a rise in corona virus cases put a damper. On the struggling economies UC CNBC trying reporting factually accurate news, but then they tried to put some shade on it. He didn't that good..

Donald Trump United States Fox News Cnbc Murder Portland Oregon Barack Obama Biden JOE Labor Department.
Google to buy 6.6% stake in ADT in home security push

Equity

00:23 sec | 4 d ago

Google to buy 6.6% stake in ADT in home security push

"Google announced, they will invest four hundred, fifty, million dollars into home security company. Adt. According to CNBC. AD said on Monday that the companies will work to combine nest products and ADT's installation and alarm systems, Google class. B, shares that it will by not have voting power, which is notable, and also recall that nest return to Google. From other back in twenty, eighteen

Google ADT Cnbc
Fresh update on "cnbc" discussed on CRUSADE Channel Previews

CRUSADE Channel Previews

01:14 min | 6 hrs ago

Fresh update on "cnbc" discussed on CRUSADE Channel Previews

"Okay so we're going to visit. What seems to be Mike Golden Child That is the acting all crusader blog. We got a bunch of stories got a bunch of the stories on there. You know the little stories that. You need to. Read about. I think you should read about I. Think it's They're they're the stories I pick out and so. We'll talk about that. But we're getting reports that A. A plane. An India Eric Express plane? Operating. Z.. INDIE air express crashed. Coming in from Dubai. A We don't have any word yet on. The death toll Ernie of that but it was landing place that I absolutely have no idea how to pronounce Cazzola. CAZZOLA DO. I'll put it in the chat room. You guys can figure it out for yourself, but there is an Indian Airlines crash that has also been. That's also. Breaking News as well. Well, let's go back to the acting offers Saito blog. The first story we talked about a little bit. And I. Think we have an audio clip for. Trump has taken the next step on China. With a we chat and Tick Tock. Ban We have audio from CNBC news to talk about the impacts of that. You're listening to the bear brief here on the crusade channel. President trump signing two executive orders last night banning US transactions with Chinese tech firms ten cent and by dance. Ten cent owns Chinese messaging APP we chat and bite dances the popular company the parent company excuse me of popular video sharing APP Tiktok though we chat order says the APP captures Info from users that could be accessed by the Chinese Communist Party, the TIKTOK order. was similar and said, it could be used for disinformation campaigns by China. The orders would effectively ban the APP in the United States taking effect in forty five days. The order say Commerce Secretary Wilbur Ross is shall identify transactions that will be subjected to the prohibition. Microsoft. Announced Sunday. It is in talks to acquire TIK toks business in the US within the next three weeks..

United States China Chinese Communist Party Commerce Secretary Wilbur Ross Mike Golden Cazzola Tik Toks Indian Airlines Donald Trump Dubai Microsoft Saito Cnbc India President Trump Executive
Trump Wants to Ban TikTok, NASA-SpaceX Mission Success, & Unemployment Benefits Expire - Monday, August 3rd

Rob Talk Podcast

09:57 min | 4 d ago

Trump Wants to Ban TikTok, NASA-SpaceX Mission Success, & Unemployment Benefits Expire - Monday, August 3rd

"It's Monday August third president trump wants to ban TIKTOK. Info on the NASA spacex mission success plus unemployment benefits have expired why trump's team is interested in Biden's VP pick and more. Welcome to Rob Song, podcast where I bring you the latest Progressive News and politics and ten minutes or less I'm Robert Cunningham thank you for tuning in. Let's get informed. So president trump announced on Friday night that he wants to ban Tiktok Secretary of State Mike Pompeo said that trump would be making an announcement on these matters in the coming days he said this on Fox News Sunday morning futures where he also said that Tiktok, the Chinese owned short form video APP needs to be taken down via executive action in addition to Tiktok. Mike. POMPEO. Pointed to we chat, which is a Chinese messaging APP saying that both of these are feeding data directly to the. Chinese Communist Party quote for a long time a long time. The United States just said well goodness if we're having fun with it or if a company can make money off of it, we're going to permit that to happen president trump said enough going on the secretary of state added and we are going to fix it and so he will take action in the coming days with respect to a broad array of national security risks that are presented by software that connected to the Chinese Communist Party. Microsoft has emerged as wanting to potentially by all US operations of tiktok accents reports that trump does have a deal on his desk where Microsoft would lead acquisition of the US operations of six talk and Microsoft seems to believe that it's possible that a total separation can happen from tiktok parent company by Dance. It's important for you to understand that presidents normally can't just order a ban on individual companies like this but the fact that Tiktok has a foreign owner allows the Treasury Department to have broad. Authority over it. Now, at this point, it's unclear whether trump is going to allow Microsoft to buy it or if trump is just going to push for an all out ban, we don't know. But what we do know is that this is super weird coming just months before an election six does have one hundred, million US users, and so it is rather strange move it could alienate some I mean granted I don't know if it would make much of a difference, but it just seemed strange. NASA astronauts Doug Hurley and Bob Bankin are safely on earth after a historic flight to and from the International Space Station provided by SPACEX Axios says on Saturday afternoon both astronaut splashdown into the Gulf of Mexico after about two forty, eight PM eastern time a space x vessel was able to recover both astronauts from their crew, dragon? Capsule. Hurley in bank in two month mission was the first time that people have been launched into orbit from the United States. The end of the space shuttle. Program in twenty eleven. This new move of partnering for Space Exploration, with private companies can allow NASA to act more of like a buyer instead of a provider of these services now and will free up NASA's budget to focus on things like getting people to the moon and eventually other planets in the future. In fact, NASA and SPACEX already have another trip planned this time for six months with multiple. NASA. Going up to the International Space Station, this will take place around late. September. So be on the lookout. Additional unemployment benefits of six hundred dollars per week expired on Friday July thirty first and reportedly the White House Senate. Republicans and Democrats are all know we're closer to a deal? Apparently, all sides are on board though for another twelve, hundred dollar check like was done with the cares act earlier this year the main point of disagreement is the additional unemployment benefits six hundred dollars extra. A month is what people have been receiving since the cares act was passed Democrats want to continue at that rate while Republicans want to. Bring that down to two hundred additional dollars per week while eventually moving holy to seventy percent of lost wages Republicans additionally wanted to get a one week extension on the six hundred dollars per week of additional benefits passed quickly. But the Democrats are refusing because they think that the Republicans are just GonNa. Use It as just a quick win and move on. But the Democrats are saying that they want a full robust bill. Now, the Democrats have proposed a three trillion dollar deal while the Republicans are looking to pass. A one trillion dollar deal, and as of yesterday junk Schumer the Senate Minority leader said that there were significant divisions remaining but good progress is being made quote. We made good progress. There are lots of things we are still divided on and we're not close to an agreement yet, but we are making good progress and I'm hopeful that we can get to an agreement. Now they're going to resume talks today. Okay. But do not be fooled. The Republicans are trying to place the onus here on Democrats but Democrats came. Up with a bill back in May the bill back in May like I said had a three trillion dollar price tag. It was approved by the House but then has not been voted on in the Senate and Senate Republicans want to have a one trillion dollar bill that does not do nearly enough in my opinion. So but as of right now you know who's GonNa Suffer America, the American people that are unemployed we just had on Thursday. One of the worse GDP records for quarter ever if not the worst. The percentage of GDP lost was close to thirty three percent. I hope we get a deal soon things are super hard to pass in Washington obviously, and I'm glad that the Democrats are sticking their feet in and trying to get this thing passed the Democrats are not perfect and I fear that they're going to cave too much here. But we've got to get something done because there is an eviction crisis looming we need to renew the moratorium on fictions. Now CNBC just posted a study recently that twenty two to fifty nine percent depending on the state that you live in of renters may be facing eviction as a result of the corona virus economic circumstances these numbers are horrifying and I'm sure this isn't the last time you'll be hearing about it. Trump's campaign paused ads over the weekend, which is really weird because they wanted to rebrand their messaging and new ads launching today are going to be depicting Joe Biden as a puppet of the radical left. This comes from two senior campaign officials but the most recent internal polls show that the puppet of the left's attack on Biden is going to resonate with voters and speaking personally in someone who lives in a very heavy trump territory. The this is the talking point that I've heard Oh Biden's not the problem it's. Going to be the VP you have to look out for as if Kamla Harrison. Some sort of crazy radical assuming he chooses someone like her speaking of the VP spot trump's campaign is very interested in that because the quote unquote radical left thing that they're going to be using their ads is a placeholder for whoever Joe Biden ends up picking. By the way, we will learn who Joe Biden is going to pick around on tenth multiple sources have suggested he said now he pushed back his self imposed deadline from. The first week of August to the second week and one source has said that it's going to be August tenth now. So be on the lookout here. No matter who Joe Biden picks. I think that Joe Biden is well-positioned. Of course, we all have to go out and vote that. This is not a matter of that we have to vote even if we live in California or Massachusetts or Oklahoma Even for God's sake, we have to vote for Joe Biden, but it doesn't really matter as much who he picks. Think this go around because trump's campaign is reportedly very upset that Biden doesn't have the unfavorability rating that Hillary Clinton did in two, thousand, sixteen, all of this trump at drama gotta be Biden's campaign to respond Andrew Bates. Director of rapid response said quote the American people know Joe Biden and after seven consecutive months of failed leadership during the worst possible health crisis in generations they know that our nation's capacity to join the rest of the world beating back cove nineteen has been crippled by one overriding burden donald trump. Representative James Clyburn of South Carolina said on Sunday that he believes trump is trying to put a cloud over the election and that he does not plan to leave office. If he loses Clyburn told CNN that the American people had better wake up to trump and he compared trump to Mussalini and said Russian President Vladimir Putin is akin to Hitler further representative Clyburn said quote I don't think he plans to leave the White House. He doesn't plan to have fair unfettered elections I believe that he plans to install. Himself in some kind of emergency way to continue to hold office. Now, all of this is to say everything that Clyburn is saying here means that we have to so overwhelmed the vote that trump cannot cheat. We have to force him out of office because on January twentieth at noon no matter how hard trump tries he will not be the president if we overwhelmed the vote and like Joe. Biden. So that's what we have to do. If you need help getting registered in your state, go to vote Dot

Donald Trump Joe Biden Democrats Nasa President Trump United States Tiktok VP Mike Pompeo International Space Station James Clyburn Chinese Communist Party Microsoft Pompeo Fox News Rob Song White House Senate
Fresh update on "cnbc" discussed on On Point with Juandolyn Stokes

On Point with Juandolyn Stokes

01:51 min | 9 hrs ago

Fresh update on "cnbc" discussed on On Point with Juandolyn Stokes

"NBC News radio. I'm Michael Kastner. The winning streak on Wall Street, Maybe taking a pause, A LL. Three major stock indexes are down despite a better than expected jobs report this morning, the Labor Department reported the unemployment rate fell to 10.2% and the economy added 1.8 million jobs last month. It's likely the US will reach the five million Corona virus case mark this weekend. More than 160,000 have died in this country from Cove in 19 related Occassions. Johns Hopkins researchers say more than 19 million have been infected worldwide and 715,000 have died. Economists and Democrats seem to be on the same cove in 19 stimulus page Mike Bauer reports. We cannot agree. To an inadequate bill and then go home. While the virus continues to spread, the economy continues to deteriorate. The country gets worse. And according to economists, Senator Schumer, maybe right last week out of 25 economists surveyed, 20 urged Congress to go big, They said the data is telling a clear story. The economy is in danger and need substantially more aid so it won't get worse. Fear is growing that the economy is going into a backslide, even mostly conservative economists who favored a roughly $1 trillion package said a month ago, I would have said a trillion dollars stimulus might be adequate. But with the softening in the My frequency data. The recovery is starting to look a little more fragile. Facebook says employees can work remotely until July of next year. The Mutua has more, the company told CNBC. They're also giving them $1000 bonus for their home office needs. They're continuing to reopen some offices based on local government guidance, but it's unlikely they will all open before the end of the year. CEO Mark Zuckerberg says there's no end in sight for when employees can safely return to work in person. Hours after Los Angeles Mayor Eric Garcetti announced water and power could be cut the houses that defy health orders had to break up a huge wedding reception. The mansion.

Ceo Mark Zuckerberg NBC Johns Hopkins Eric Garcetti Senator Schumer Mike Bauer Michael Kastner United States Los Angeles Facebook Labor Department Cnbc Congress
Big Tech CEOs Testimony Before Congress

Techmeme Ride Home

08:41 min | Last week

Big Tech CEOs Testimony Before Congress

"Today was the day as I record these words the big tech CEO's are still testifying before Congress. So I'm going to have to do a summary of what I've seen just in the first couple of hours or so and leave some of the juicier question and answer back and forth for tomorrow. I up a note on the format that we've been seeing. Yes. All of the CEOS were testifying remotely. They were using Cisco Webex as the video conferencing tool and it seemed to work fairly well at least right until this very moment as I turned off the stream to go into the booth to record this, they took a ten minute recess because apparently one of the witnesses. was having an issue with their stream or feed, and I'm wondering if it might have been Jeff Bezos because at least thus far were almost an hour and a half into the testimony and he hadn't been asked a single question. Anyway back to the whole idea of testifying remotely if I were going to do one of those rate, my video call backgrounds reports. Bezos look like he was in some sort of executive boardroom, lots of tasteful Chomsky's behind him. Look like he was in a conference room at a high end law firm I couldn't tell what Zuckerberg was sitting in front of it looked like closed vertical blinds almost like I don't know some sort of like a bunker like if you're battening down your house for a Hurricane Tim, Cook was in front of some sort of tasteful plant trough though he was clearly working off an ipad pro. Let's start off with what the Fab four had to say in their opening statements. Amazon's Jeff bezos underscored Amazon's job creation, its investments in social causes and its role in supporting small and medium-sized businesses. And made the case that Hey Amazon is just a tiny competitor in a huge global market quote. The global retail market we compete in is strikingly large and extraordinarily competitive Amazon accounts for less than one percent of the thousand five, trillion dollar global retail market and less than four percent of retail in the US unlike industries that are winner take all there's room in retail for many winners for example. More than eighty retailers in the US. Alone earn over one billion dollars in annual revenue like any retailer we know that the success of our store depends entirely on customer satisfaction with their experience in our store every day Amazon competes against large established players like target Costco Kroger and of course, Walmart a company more than twice Amazon size, and while we have always focused on producing a great customer experience. For retail sales done primarily online sales initiated online are now in even larger Growth Area for other stores Walmart's online sales grew seventy four percent in the first quarter and customers are increasingly flocking disservices invented by other stores. Amazon still can't match at the scale of other large companies like curbside pickup and in store returns and quote alphabets. Soon, Darpa, Chai, said that Google also operates in a highly competitive. Market and that it's free products benefit the average American quote. A competitive digital ad marketplace gives publishers, advertisers, and therefore consumers an enormous amount of choice pichai stated, for example, competition and ads from twitter instagram comcast and others has helped lower online advertising costs by forty percent over the last ten years with these savings pass down to consumers through lower prices in areas like travel and real estate Google faces strong. For search queries for many businesses that are experts in those areas. Today's competitive landscape looks nothing like I. Did five years ago let alone twenty one years ago when Google launched its first product Google search people have more ways to search for information than ever before and quote. Tim Cook of Apple said that the APP store has opened the gate wider for software developers. Also, apple doesn't have dominant market share quote as much as we believe, the iphone provides the best user experience. We know it is far from the only choice available to consumers Cook said after beginning with five hundred APPs today the APP store hosts more than one point seven, million, only sixty of which are apple software. Clearly, if apple is a gatekeeper, what we have done is open the gate wider we want to get every APP we can on the store, not keep them off and quote. And facebook's mark. Zuckerberg said well, but he said a thousand times before that facebook knows it has more work to do on things like fighting misinformation and that you know companies aren't bad simply because they're big. And he took pains to point out that facebook is an American success story quote although people around the world use our products. FACEBOOK is a proudly American company. He said, we believe in Values Democracy Competition Inclusion and free expression that the American economy was built on many other tech companies share these values, but there's no guarantee our values will win out for example China. Is Building its own version of the Internet focused on very different ideas and they are exporting their vision to other countries as Congress and other stakeholders. Consider how antitrust laws support competition in the US. I believe it's important to maintain the core values of openness and fairness that have made America's digital economy, a force for empowerment and opportunity here and around the world and quote. In his opening remarks, the chairman of the Committee David. Sy-. Selena Rhode. Island. Laid out three areas of inquiry that the was scheduled to delve into at least in questioning from the Democratic Congress folk more on that in A. Quitting CNBC, each platform allegedly serves as a quote bottleneck for a key channel of distribution and quote the platforms allegedly used their control over digital infrastructure to Sir Vail other companies, their growth business activity, and whether they might pose a competitive threat and use that information to maintain their own power and third the platforms allegedly abused their control over current technologies to extend their power through tactics like self referencing their own products. Quote. Prior to the cove nineteen pandemic, these corporations already stood out as titans in our economy. Silly said in the wake of Covid nineteen however, they are likely to emerge stronger and more powerful than ever before, and he concluded by saying quote, our founders would not bow before a king nor should we bow before the emperor's of the online economy and quote? But as I say, while this was labelled as an anticompetitive antitrust inquiry, it seems like the Republican Congress folk were primarily interested in probing alleged bias against conservative users. In fact, Jim Jordan. One of the ranking Republican representatives spent most of his opening remarks railing against. which if that continues would basically be exactly what all of the CEOS in the talking head boxes would be hoping for right lots of distraction and no real spotlight on them. In fact, a lot of the most heated questions directed at a company that's not even present. We'll see if that continues but I have to say straight off Chairman Sicily and was very specific targeted sharp questions. He kept interrupting folks when they started to stray into doublespeak and the very nature of the questions from him and others at least so far. This wasn't like previous congressional hearings we've covered where the congress folk didn't seem to even understand the businesses they were investigating, and maybe that was because I don't know if you saw the woman sitting very prominently very obviously behind Mr. Cecil lean. Let me let the Washington Post fill you in on who that was quote as a twenty eight year old law student Lena Con penned a twenty four thousand word article for Yale Law Journal titled Amazon's antitrust. Paradox. The article described how US antitrust law isn't equipped to deal with tech giants such as Amazon. Even as the company has made itself as essential to commerce in the twenty first century in the way that railroads and telephone systems had in the previous century con now works as counsel for the antitrust subcommittee she has worked with Sylvain to develop his case against the tech giants including Amazon and quote. As I said, the questioning is continuing as I speak these words in fact I just heard that they came back from their recess. The whole thing did kick off hour late only getting started at one PM, eastern? So I don't think it'll be done before for five PM at least. So again, I'll put together a summary of all of the juicy exchanges happening now for tomorrow.

Amazon United States Congress Jeff Bezos Google Apple Facebook Tim Cook Walmart Zuckerberg Chairman Cisco Republican Congress CEO
Coronavirus relief bill negotiations continue as benefits set to expire

The Young Turks

05:41 min | Last week

Coronavirus relief bill negotiations continue as benefits set to expire

"Unless Congress takes action, millions of Americans are likely to be evicted from their homes. Berry soon, and this problem is more than just a crisis. This is a crisis that the American people are dealing with, but there's also a crisis when it comes to Congress and how utterly? Our lawmakers are when it comes to providing the economic relief that Americans desperately need so there have been numerous stories published about the number of Americans who are likely to be addicted, but these numbers keep ballooning so for instance last week, the Federal Moratorium on Evictions and also on federally backed mortgages expired, and so there are some states that have implemented their own addiction. Moratoriums but you have to keep in mind. Mind that some states have not done so and we still have tens of millions of Americans who are jobless who lost their healthcare coverage as a result of being laid off in the middle of this pandemic, and then you also have Republicans who refuse to extend the unemployment benefits that were provided under the cares act. That was the additional six hundred dollars a week. That Americans would receive if they filed for unemployment. Unfortunately it seems like there are some members of democratic leadership who were going along with the lies and deceptions that are being message to the American people. So before we get to that I want to share some statistics with you. The Urban Institute estimated. That provisions covered nearly thirty percent of the country's rental units and I'm talking about the Be Moratorium on evictions by one estimate. Some forty million. Americans, could be. During the public health crisis, and of course, this is the most unsurprising part about all of this minority. Groups are the most. Vulnerable when it comes to fiction, so people of Color, according to CNBC are especially vulnerable, while most while almost half of white tenants say they're highly confident. They can continue to pay their rent. Just twenty six percent about african-american tenants could say the same around half. Hispanic tenants said they have little to no confidence. They'll be able to stay in their homes. And if you look at data, state-by-state to see how states are impacted by this. You Look at Louisiana, for instance, fifty percent of ten say that they can no longer afford their rent. A fifty one percent who say that they can't afford their rent in Florida fifty eight percent, in Tennessee fifty nine percent in West Virginia and again Benjamin love for you to jump in the frustration. Here is the utter lack of leadership, not just in in the federal government with the trump administration, but also with Congress right what we're seeing here is just it's. It's shocking, but it's not surprising race. It's almost like the natural combination of how are leadership has been leading the direction. They've been going. They are really pushing the people as far as they possibly can I. Think you are Frankin Clippers stain on. Twitter, said that they're trying to find the very least that they could possibly do without causing a riot, but you know when these numbers start hitting the fan right when people actually are put out of their homes with nowhere to go, and then if they if they're lucky enough to get in a homeless shelter night, we do not have the capacity to house. All of these people in the homeless shelters across this country, but even in that scenario they would then be exposing their families to covid nineteen. This is not something that's but the fact that they're playing chicken and taking it. All the way to the wire is is disgusting. Absolutely, so you have the moratorium on fictions on one hand, and then you also have the issue of the unemployment benefits which are set to expire on the last day of July, and so of course, when you hear the rhetoric coming from the Senate Gop, and also from the White, house, there's this live that keeps getting repeated over and over again about how well these unemployment benefits are just too high, and as a result are refusing to go back to work. In fact, one of the Republican senators. Who was her pet? This nonsense was Ted Cruz over the weekend. Let's take a listen to what he had to say. And then I wanNA. Compare what he said to democratic. Leadership Listen. In terms of the unemployment benefits do you object to providing any kind or any amount of federal boosts unemployment at this point, because not everyone is choosing to be out of work. The policy that Nancy Pelosi Democrats are pushing adds an additional six hundred dollars a week of federal money to unemployment. We have unemployment system system. Down, to seventy percent. Problem is for sixty eight percent of people receiving it right now. They are being paid more on unemployment than they made in their job and I'll tell you. I've spoken to small business owners all over the state of Texas. We're trying to reopen and they're calling. Their waiters and waitresses are other busboys, and they won't come back, and of course they won't come back is the federal government is paying in some instances twice as much money to stay home, but APP may, and to a lesser amount. At look at what we ought to focus on instead of just shoveling trillions out the door, we ought to be passing a recovery bill. What's a recovery bill or coverage? Bill would be lifting the taxes and the regulations that are hammering small businesses so that people can go back to work. A recovery bill would suspend the tax which would give a pay raise to everyone in America. WHO's working? That actually gets people back to work.

Congress Federal Government Bill Berry Urban Institute Twitter Ted Cruz Louisiana Nancy Pelosi Covid Cnbc Frankin Clippers Senate Gop Florida America Texas West Virginia Benjamin
Dogs Can Sniff Out Coronavirus Infections, German Study Shows

Coronavirus Daily Briefing

02:48 min | Last week

Dogs Can Sniff Out Coronavirus Infections, German Study Shows

"Kicking off today with some potentially positive covid nineteen news from our canine friends. Dogs being trained, to sniff out. Drugs, weapons, and diseases like malaria, and even cancer is nothing new, but a new study shows that when trained dogs are able to sniff out code in Nineteen infections, quoting CNBC a new study, which was piloted by the University of Veterinary Medicine Hanover the handover medical school in the German armed. Forces found that if properly trained dogs were able to discriminate between human saliva samples infected with SARS COV to and non infected samples with a ninety four percent success rate overall, the hope is this method of detection could be one day used in public. Such, as airports, sporting events and other mass gatherings in addition to laboratory testing to help prevent future covid, nineteen outbreaks, according to researchers and quotes. The study was conducted using eight dogs from Germany's armed forces. They were trained for a week, using thousand samples of both infected and uninfected saliva, also neither of the researchers, nor the dog handlers new, which was which. Marin because black widow, who conducted the study says the dogs can probably detect folic change which occurs when a person is infected the one issue, the dogs apparently can't differentiate Kovic nineteen from other diseases like influenza yet, but the research team says that is the next step and the Hannover Medical School in Germany aren't the only ones conducting trials on trained dogs. Researchers at the London School of Hygiene and tropical medicine are also training and studying dogs to see if they could detect covid nineteen from person's body odor, which they say is altered by respiratory disease, and as for the canines welfare quoting CNN. Dogs are known to be. Be Able to contract cove nineteen, but there is no evidence that the virus can spread from dogs to humans, the team, medical detection, dogs or sure CNN that the dogs are well looked after and will be kept safe from infection, our dogs we trained on a dead virus, and then have no contact with the individuals. They're screening, but will sniff the air around. The person says representative Jimmy Butler and the dogs will only be permitted to be touched by the handler, which therefore means there will be very low risk of spread of the virus from the dog to their handler or to the people they live with and quotes. While this might not replace the uncomfortable diagnostic tests it could, certainly as the article said be a boon for public spaces where you need to test large numbers of people instantaneously and where fever scanners would only catch symptomatic. Assuming that is that the dogs could sniff out positive infections in a symptomatic. So, we'll have to see how accurately the dogs can be trained, but sounds like a promising solution so

CNN Germany Hannover Medical School University Of Veterinary Medic London School Of Hygiene Malaria Jimmy Butler Cnbc Fever Representative Marin Kovic Cancer
Epic Games CEO speaks out against Apple, Google app store 'monopoly'

Mac OS Ken

02:18 min | Last week

Epic Games CEO speaks out against Apple, Google app store 'monopoly'

"More on the trust antitrust front the CEO of epic Games, says that Apple's APP store is an absolute monopoly, and that Google's control of android essentially stifles competing stores. So. He knows that there's more than one APP store then. An piece published late last week CNBC had epic CEO Tim Sweeney Railing against both companies. Where apple is concerned, CNBC cuts to the heart of the matter, the epic game store access a platform for both windows and the Mac taking a twelve percent cut from game makers. But says the report, the game store has yet to launch on iphones because apple has strict guidelines preventing competing software stores on the APP store. This elicits words from Sweeney somewhere between fighting and APOPLECTIC. CNBC had CEO saying apple has locked down and crippled the ecosystem by inventing an absolute monopoly on the distribution of software on the monetization of software. They're preventing an entire category of businesses and applications from being engulfed in their ecosystem by virtue of excluding competitors from each aspect of their business that they are protecting. Sweet also upset with Google. which he says essentially intentionally stifles competing stores. By, having user, interface, barriers and obstruction. Sweeney had been able to side load the game fortnight on the android phones though. That was difficult for the end user. Then Google said there was a security problem this installer. Eventually he started offering fortnight through the Google play store, which meant paying Google thirty percent of money made from downloads. And CNBC things said that is Sweeney's real issue. Addressing the fact that apple has a billing system breads APP store while Google has own billing system for the play store. Sweeney is quoted as saying if every developer could accept their own payments and avoid that thirty percent tax by and Google, we could pass the savings along to our consumers and players would get a better deal on items. And he'd have economic competition.

Tim Sweeney Apple Cnbc CEO Google. Epic Games MAC Developer
Looking to Drop a G on Jordans? StockX Can Help Spot the Fakes

Business Wars Daily

02:28 min | 2 weeks ago

Looking to Drop a G on Jordans? StockX Can Help Spot the Fakes

"Limited edition sneakers have become one of the sites specialty areas since it's twenty fifteen launch stock x has authenticated three point five million pairs of Covid Air Jordan's co-founder Josh Lubar Tolsey NBC. One million of those have been done in the last six months alone, so why the sudden? Interest in top dollar sneaks apparently because of the buzz generated by the ESPN docu series the last dance the series featured Michael Jordan and Chronicle the Chicago Bulls six championship. Run in the nineteen nineties. As, the sneaker market has soared, so has the counterfeit sneaker market fraudsters try to push look-alikes all over the Internet, but Stock Act says responded by upping their number of so called authenticated to look for telltale signs of fakery. They pore over every. From colors and patterns to the exact size of the shoebox, according to town and Country Magazine. This attention to detail has paid off his big stock xs. Now valued at more than a billion dollars. Sneaker heads have another option to help them get an objective second opinion. Check check is a sneaker authentication APP that uses artificial intelligence despite fakes for a dollar sneaker. The APP walks you through the photographic process. The I. Powered Interface looks for discrepancies in design and color. Then a team of to authenticate also reviews the shoes. The Apple Deliver A. A verdict pass not pass or unable to verify, and if the sneaker cray's seems like just another passing fad, some China's he differently the Wall Street Journal reports Chinese investors are using sneaker trading platforms to invest as if the shoes were financial derivatives SOM- are even buying and selling shoe fractions Chinese. Banks have been sounding. The alarm and the behavior worried that the high end sneaker bubble is going to burst delivering a swift kick to overzealous investors. For now US platforms don't have the same problem, but in May. Sotheby's announced it had recently sold a pair of Nike. Air Jordan ones for more than five hundred fifty thousand dollars making them the most expensive pair ever sold the sneakers had been warned by Jordan in a game and autographed, according to CNBC research from Callan and company expects the sneaker resale market to reach thirty billion dollars over the next decade, even going so far as to call sneakers and alternative asset class.

Michael Jordan Covid Air Jordan United States Josh Lubar Sotheby NBC Chicago Bulls Co-Founder Nike Cnbc Wall Street Journal Espn Country Magazine Apple Chronicle China Cray Callan And Company
Reusable N95 Face Mask is Easily Sterilized

Coronavirus Daily Briefing

01:24 min | 2 weeks ago

Reusable N95 Face Mask is Easily Sterilized

"As, the corona virus surges in several parts of the US and around the world, the shortage of n ninety five masks for health care workers is likely to increase again to the extent that the need ever really went away Blah in good news, a team of researchers from MIT have invented a new reusable mask that could replace or at least help with the shortage of in ninety five's quoting CNBC. While in ninety five masks are made entirely from a special material that filters out. Out, airborne droplets and fluids that could contain the COVID nineteen virus. The new MIT mask is made from silicone with slots for just two small disposable disks of the in ninety five material, which service filters that means the masks themselves can be quickly and easily sterilized and reused, and though the small filters must be thrown out, each mass requires much less in ninety five material called I mask, which stands for injection, molded autoclaving scalable conformable. This design can help solve shortage, issues and quote. The eye mask can be sterilized in a number of ways including steam of heating a bleach slash alcohol Suk and are much more environmentally friendly since they use just a fraction of the non-reusable in ninety five filter compared to existing in ninety five masks in lab tests. The eye mask filtered out virus containing particles just as well as an in ninety

MIT Cnbc United States
Twenty-Five Years Later, Ford Resurrects the Bronco

Business Wars Daily

04:04 min | 2 weeks ago

Twenty-Five Years Later, Ford Resurrects the Bronco

"If you're an offroad aficionado or even just WANNA be. This story is a big deal. After a quarter century Ford is resurrecting the Ford Bronco a direct rival to the jeep. Ford produce the Bronco for thirty straight years starting in nineteen, sixty six. The vehicle had only two doors reportedly one reason why Ford discontinued it in Nineteen ninety-six consumer sentiment was shifting toward four doors. Historians say the Bronco Developed Cult Status. After it was discontinued today, the beefy muscular vehicles, a sentimental favourite restored vintage models can sell for up to two hundred thousand dollars with a corporate unit called Ford icons. Ford is Heavily Marketing Nostalgia that division includes the Bronco, a Mustang and a new line of Ford F one fifty pick-up trucks, including a hybrid version, and soon to be debuted all electric. And Nostalgia sells, but it's far from the only reason. The automakers releasing a Bronco for the twenty first century. The company is capitalizing on a trend according to the automaker offroad vehicle, so called rugged SUV's. Twice, as popular as regular SUV's CNN reports that has engineered the new bronco models for quote hard off road driving. You know the kind that allows you to quote. Get far from civilization. An even stay there for awhile. Is the perfect escape for pandemic induced cabin fever. Get a dose of Adrenalin while avoiding the plague. It's a combination made for advertising. Heaven Kit needs to be the jeep wrangler as the Juggernaut of off road vehicles. CNBC reports that automakers have been trying to quote dethrone the Wrangler for decades. Without much success. Even during the pandemic GPS kept selling Fiat Chrysler sold an average of seventeen thousand jeep wrangler every month for the last five years according to the Detroit news last year, almost a quarter, million wrangler flew off dealership. Lots and experts say jeep owners are loyal. To a fault. Still Ford executives have moxie. They're predicting sales of two hundred thousand broncos over the next year, according to Automotive News. and. Keep in mind that the low end version of the new line. The broncos sport won't even be out until years end higher end versions of the Bronco won't be at dealerships until next spring. Ford is doing everything it can to make the Bronco enticing enough to away jeep lovers, and of course to persuade new off roaders to come into the Ford camp that includes besting the ramblers largest tires thirty three inches with whopping thirty five inch tires, Ford says a Bronco outfitted with the almost three foot in diameter tires can easily go through a couple of feet of water models also come with removable roofs and doors. Drivers can store the doors in the Bronco. For, it says. At about thirty thousand dollars, the price of the two door base Bronco comes in at only two hundred dollars more than the base price of the jeep wrangler at the top in a limited number of first edition for door Bronco started about sixty one thousand dollars, Ford began taking one hundred dollar deposits on Broncos last Monday when it released the new line I edition reservation slots sold out within a couple of hours. Still as bullish as the auto press is about the Broncos, the release comes against bleak backdrop for the auto industry. Overall vehicle sales plummeted when covid nineteen emerged shut the industry down for two months recently, both Ford and GM reported second-quarter sales declines of about thirty three percent from a year earlier jeep parent, Fiat Chrysler did even worse with sales down forty percent. And that puts a lot of pressure on Ford to live up to its promise of adding a billion dollars to the bottom line next year through Bronco Sales. And it adds pressure Chrysler to keep jeep at the top of the OFFROAD HEAP Stakes is high as the boulder strewn rocky mountains. The war between Bronco in gene. We'll be fascinating to watch.

Ford Bronco Ford Bronco Sales Wrangler Jeep Ford Camp Fiat Chrysler Broncos Chrysler CNN Adrenalin Cnbc Detroit GM
Mnuchin backs 2nd wave of stimulus checks

Colorado's Morning News with April Zesbaugh and Marty Lenz

00:13 sec | Last month

Mnuchin backs 2nd wave of stimulus checks

"Says he's in favor of getting more Corona virus stimulus checks into the hands of Americans. He also tells CNBC Any more unemployment benefits are going to be captain. 100% or less of lost salary in Texas. The

Cnbc Texas
Former Fox News anchor Shep Smith joins CNBC

AP 24 Hour News

00:37 sec | Last month

Former Fox News anchor Shep Smith joins CNBC

"A former Fox News host, has a new job on a new network. Shepard Smith says he thinks he found a great home for his newscast. After abruptly quitting Fox News last October, Smith has landed a gig with CNBC who starts in the fall, The network says Smith will anchor a one hour a week light newscast at 7 p.m. Eastern. The same study had for many years at Fox until he was shifted to the afternoon. Smith was at Fox from the networks birth in 1996. He never did say why he quit Fox just after six. Owning a contract extension. However, he often developed statements made by Trump in his supporters, including opinion host on his own

Shepard Smith FOX Fox News Cnbc Donald Trump
Shepard Smith joins CNBC for weeknight news program

AP News Radio

00:39 sec | Last month

Shepard Smith joins CNBC for weeknight news program

"Former fox news host has a new job on a new network Shepard Smith says he thinks he found a great home for his newscast after abruptly quitting fox news last October Smith has landed a gig with C. N. B. C. he starts in the fall the network says Smith will anchor a one hour weeknight newscast at seven PM eastern the same study had for many years at fox until he was shifted to the afternoon Smith was at fox from the network's birth in nineteen ninety six he never did say why he quit fox just after signing a contract extension however he often debunked statements made by trump and his supporters including opinion host on his own network I'm Oscar wells Gabriel

Shepard Smith C. N. B. C. PM FOX Donald Trump Oscar Wells Gabriel
Former Fox News Anchor Shepard Smith Will Join CNBC Evening Lineup

WBBM Evening News

00:29 sec | Last month

Former Fox News Anchor Shepard Smith Will Join CNBC Evening Lineup

"Switching networks after leaving his former company after blows with the president. After a 23 year stint at Fox News Channel News anchor Shepard Smith is joining CNBC. The network says his upcoming show The News with Shepard Smith will feature quote, fact based storytelling and well aired 7 p.m. Eastern weeknights. He was with Fox since its inception but quit in October after establishing himself as a critic of President. Trump, who repeatedly attacked it says show on CNBC is set to launch in the fall.

Shepard Smith Cnbc Fox News Channel President Trump FOX Donald Trump
Amazon to pull Redskins merchandise from site

Larry O'Connor

00:21 sec | Last month

Amazon to pull Redskins merchandise from site

"Will be pulling Washington Redskins merchandise from its website. According to CNBC. These fellers will now have 48 hours to remove product that are flagged by the online retailer. Amazon has joined the list of companies urging the team to change its name. Last week, the Redskins said they would quote undergo a thorough overview of the team's name and quote

Washington Redskins Redskins Cnbc Fellers Amazon
Former Fox News host Shepard Smith joins CNBC

Dana Loesch

00:16 sec | Last month

Former Fox News host Shepard Smith joins CNBC

"Former Fox News anchor Shepard Smith will now be doing a nightly newscast on CNBC. Oh, CNBC he has signed on with them. So that's ah, where Shepherd Smith has landed at

Cnbc Shepard Smith Fox News
U.S. considers banning TikTok and other Chinese apps, Pompeo says

Daily Tech News Show

00:36 sec | Last month

U.S. considers banning TikTok and other Chinese apps, Pompeo says

"Secretary of State Mike Pompeo told Fox News Monday that. The US is looking at banning TIKTOK and other Chinese social media. APPs the US government has had ongoing concerns that the platform centers content and that its data could be accessed by the Chinese government. The company hired former Disney executive Kevin Mayor to be Tiktok CEO earlier this year. A spokesperson told CNBC. CNBC response to pump his comments quote. TIKTOK is led by an American Co with hundreds of employees and key leaders across safety, security, product and public policy here in the US. We have no higher priority than promoting a safe and secure APP experience for our

United States Cnbc Us Government Mike Pompeo Chinese Government Kevin Mayor Fox News Disney Tiktok CEO Executive
"cnbc" Discussed on Squawk Pod

Squawk Pod

07:10 min | Last month

"cnbc" Discussed on Squawk Pod

"On this year's list relative to last year's list well, we saw more fintech than ever. There were twelve intact companies five of which were focused just on payments. Of course we had stripe the number one spot, and also as we focus more on the trends that are accelerated by the pandemic. We saw healthcare and logistics, and then in terms of the underlying technology this year huge. On machine, learning and artificial intelligence more than half of the companies on the list said that they used either a I or or machine learning. Maybe a trickier question. What about the issue of diversity and I? Ask because there's been so much focus on the lack of diversity in silicon, Valley. So, how does this list stack up this year? Well, this list really reflects the lack of funding to black CEOS in Silicon Valley. There's not a single black CEO on this year's list. There were six female CEOS. CEOS eleven companies female CO founder, so we see the trends of the sort of lack of diversity in terms of funding in the BBC World really reflected here now just to put that in perspective here. Just three percent of VC funding goes to female CEOS and less than one percent to black CEO's if you dig a back further to try to understand what's. What's driving those trends? It's really enlarge part attributed to lack of diversity in C. Investors, sixty five percent of VC firms don't have a single single female investor in eighty percent of firms don't have a single black investor according to all rates and Black Sea, so really a a lot of questions happening right now about what can be done to improve the diversity. Diversity among the VC community, and also in the types of companies that get funded so there have been a number of announcements Andrew whether it's from Andriessen Horwitz a new and out today from the National Venture Capital Association trying to address those underlying issues. Okay Julia thanks for the list so much to to hear about also fix and hopefully when we. Hear about this list in next year, and the years years ahead those numbers will will move in the right direction I, spoke with Stripes Co founder and President John Collision yesterday afternoon in a rare and exclusive interview and sort out by asking him how he thinks about the state of the economy from his vantage, point has online payment processor for so many different internet businesses at a macro level. We're seeing what you would expect. which is a there has been a very sharp move from the offline economy to the online comedy, and that's being. You know very different on an industry by industry segments for some industries like say. Slowdown at least furniture best, and then there are some industries like say grocery delivery remotely, which are up quite abyss, and then if you look s, you know if you go into some of the more granular granular data it's. It's interesting what we're seeing one thing. We're seeing just a set of businesses that are seeing A. Very big spikes in demand on this is probably stuff you've already covered on the show, but you know companies like Zun, power and onset. They're seeing a twenty fold increase in demand, instant cars out that they've seen a three hundred percent increase in customer demand, so the services that we rely on sort of power, working remotely out or or living during horn teen. The those companies are seeing very major searched bats. That's one part of this thing we're seeing is. Is the creation of new businesses or businesses that previously traded solely off-line, starting to move online this being the push that caused that to be the case we're actually seeing in our stripe atlas data. We've seen a tripling in the number of incorporations, so five activists are incorporating a new business so tripling in the number of incorporations since this time last year, and so that's maybe both brand, new businesses or businesses starting to move online for the first time. And then lastly we're seeing at the enterprises rework, Rhys. We're seeing van starting to move much faster initiatives that were maybe planned for a long time or wants to get done, but. The the lockdown has really totally upended the urgency and partisan those things, and so we're working with companies like the Westfield to retail chain or at. At the restaurant test software platform to help them advance third their who've initiative, so those are the kinds of changes that our seeing just go back, though for a second, because you made reference in the idea of businesses, your your second group of of new businesses and question I ask you this from what you can tell. How much of that is. All. Businesses transitioning, and how much of that is new businesses that are developing new business models, and the like right here in the middle of this pandemic. Yeah, so we don't have the sub granular data to be able to say exactly for sure what the breakdown is, but we've seen a lot of both both at people taking time during this moment in time to build a convenient new business are competing new line of business. We've seen all manner of things at during the. During the lockdown, one of my favorites was on its. You probably need a haircut dot com, which does remotely guided haircuts for. Cutting their partners hair during lockdown at and that businesses obviously you know, the the the market for remotely guided haircuts is much larger than laws, and we're also seeing a huge amount of adaptation as from especially say retail businesses restaurants moving from at you know solely in person trading to ask starting to move online, doing delivery and things like that, so so we're seeing a mix, so your business to a large degree has benefited or been one of the beneficiaries of the pandemic, so to speak. Obviously, it's accelerated the business when you start to look at what that growth curve looks like. Though, how does it change? Is it pulling that business forward? Is this sustainable? When you start to look at what the next year or two looks like. HOW HAS IT changed? You're asking a very good set of questions at you know you'd be welcome, asked You know the the the meetings. We have internally stripe her. We're trying to find for these things. I think the honest answer is no knows right now. The long term effects are, and I think it's certainly the case that the stock market economy. You also can't extrapolate too much. I think from the changes. We've seen in this first three months. Months of the effects from is not going to be over anytime. Imminently I think we should reason about US quite a different state of affairs in one year's time or two years time at Van You know that maybe we see each day and the so we are trying to. As we think about running the strike business one. We're trying to be conservative and sensible in terms of how we run the business invest a huge part of the economy is relying on sprite to provide stable reliable services make the economy work and. And, so we're trying to make sure that we we're just there for the businesses that are on strike regardless of what happens the next year or two I think he's a pretty broad alchemist, I could happen there as part of Your Business. You've got an you've got an into the business of providing credit in some cases. How.

CEO Silicon Valley Black Sea US National Venture Capital Assoc founder and President CO founder Andriessen Horwitz Julia Stripes Co Zun Westfield Rhys van Andrew BBC John Collision
"cnbc" Discussed on The Dan Le Batard Show with Stugotz

The Dan Le Batard Show with Stugotz

02:13 min | 5 months ago

"cnbc" Discussed on The Dan Le Batard Show with Stugotz

"Of definitely when checking today. Yeah Yeah I would. I would stay away tonight and we love you but yeah I got better ratio though more reaching favorite time what what should be the penalty according to Jorges Sodano. Who's out here with this lonely? Take that all of us are afraid. Yeah I don't know why you're so afraid of it. I mean the facts there. They told him what he needed to do. And they all what they needed to do and he was still a responsible Yeah I would suspend him. I would spend it for two or whatever it is depending on whatever they come back you know I. I don't know how how long these conversations with wind but I know they had the conversations with these guys about this numerous times so I was suspended for a game or two plus thing to suspend for the rest of his career. That's not that's not the take I feel like that's the expect. You guys are taking this to do we do. We suspend him if Donovan Mitchell somehow gave it to him. I still think he was the responsible one. I think it's one thing to knowingly transmit this. It's another actually level. Act irresponsibly like he did. I think that's just a completely different scenario George good talking to you. God bless you and God bless you. I love you guys ready for that Mitchell question. Geez AH was how could you be my God? Let me start so Billy I appreciate you getting in there and living the anger mom. It's not an angry mob. But that's just classic laboratory misinformation. Today I think billy was surprised that I didn't run with that tape before. Sodano did he wasn't angry about it. He was a prize. I didn't run with the taste. If I'm afraid of its eighth and know what you go there all the cancellations are just pouring in right now on the ticker everything it. Just everything's good. Everything's going to be cancelled seems Students I'm golf. You may know that I play the straight man around here. I'm not actually afraid of the Sodano. Take you're afraid of anything serious. This is not a shocking thing that he said. Co Bear should be suspended for a game or two..

Donovan Mitchell Jorges Sodano Billy Sodano George
"cnbc" Discussed on The Dan Le Batard Show with Stugotz

The Dan Le Batard Show with Stugotz

01:52 min | 5 months ago

"cnbc" Discussed on The Dan Le Batard Show with Stugotz

"SEC. Tournament has now been canceled as well. Also I feel like the warriors have out of it at this point on naked solid. Totally right I believe in your conspiracy theory that the NBA purposely You know infected rudy. Gobert so all of this would happen so Jorges Sodano is with us and he says go bear should be suspended sodano. Nobody here wants anywhere near this position. That you're taking everybody is backing away. Go ahead and argue your position and thank you for making time for Sir you you got it. Here's the deal. I've talked to multiple teams over the last couple of weeks. While this stuff has been you know becoming a bigger issue right as as it's gone on throughout the world and every team has had a meeting with the League and has had an internal meeting on how to handle the situation and the first thing they tell you if you feel sick. Don't go touching people. Don't go touching people's stuff make sure you tell us right away all these things and yet he still feels like a joke. Look Man I get it if he wasn't informed right but if you just watch the news let alone. The fact you're on League has taken precautions on this and the individual teams. I've taken precaution on this. You're just being irresponsible at at the very least you're being naive but at the worst you're being totally reckless in a responsible and if I'm at silver up I go dude. Look we told you multiple times on how to handle this stuff and you thought this was a joke. How about the three reporters who were there? the other day who. He touched all their stuff. Like those people need to feel like they gotta self quarantine they were talking about it on social media yesterday to like. I feel bad for anyone. Who came in contact with him unknowingly in those situations if he felt he needed to know better because he was told to know better. What's The tweeted this out? So what's the response been to your tweet? I think for the most part. It's been positive I don't know I don't check mentioned all that much. A couple.

Jorges Sodano League NBA
"cnbc" Discussed on The Dan Le Batard Show with Stugotz

The Dan Le Batard Show with Stugotz

04:51 min | 5 months ago

"cnbc" Discussed on The Dan Le Batard Show with Stugotz

"It is brought to you by straight talk wireless gear. Mo- put it on. The poll. Did Not get real until Tom. Hanks got it because I feel like that's what happened. I feel like you're sitting there yesterday. As ASSAN WHITESIDE IS WANDERING AROUND. Lysol his entire apartment and himself on social media Devon Booker streaming himself live online playing video games and he learns about. Go Bear and Tom. Hanks and just complete shock washes over him and I don't believe that was go bare related. I believe that was Tom. Hanks related. I believe that this did not get America's attention until it got Tom Hanks's medical attention. I can tell you my own house. It did not get my wife's attention until Tom. Hanks was diagnosed with corona virus. Like she was not taking this thing seriously. And it's the flu. Yeah and then Tom Hanks got it and he signed his tweet signed off. Hanks and my wife is like this is serious. That's his signature. I know I said why because of the sign off. She said yeah he'd even have time to put his first name on there so he's hang. I know that's what I was trying to tell her ex. He started with. Hey folks what a way to start. That's just how I imagined is modern day. Mr Rogers I mean. There's a reason that he played that there are very few people as likable. That's hard to do what Tom Hanks is done to. Just be in the public eye for that long. Have a marriage that looks super solid. Have none of the Hollywood stuff Stick to you in any way Tom. Hanks has led a charmed charmed public existence. He started at. Hey folks because you knew the gravity of the situation. He knew what informing America that Tom. Hanks has corona virus would mean to us and he took the appropriate tax. So this is what's happening last night. Okay and I know I already ruined mass singer for some of you but As the address is happening with the president of the United States you've got Sarah Palin doing baby got back on the mass singer dressed as a bear as the NBA season is also being cancelled and Rudy Gobert infecting Donovan. Mitchell and now Jorges. Sodano is out here. He's the first one out here with sports. Take he's saying the NBA should suspend should suspend bear. God bless the Donna I thought for sure STU gods would stay out this position. That's not even a position. I WANNA stay yes. We should pause on all go. Bare takes and if it makes him feel any better technically is suspended because the season is billy billy. What did you think when you saw? Sodano saying it's not unreasonable. What he's saying go bear did something that looks so bad that it is the kind of behavior you suspend people for. I just feel like the shame and the indignity of what Ghobeire is through right now is plenty enough. Punish PLUS. He has the virus. Got It from someone you know like. We don't know where he got. He didn't travel abroad. That's not where he got it from and he's in the locker room with someone else. It has it. We just know that Rudy tested positive. I know but he's talking about suspending him for what he did. Well and the and the and the recorders because go bear made a point. I've seen it a thousand times on. Espn already today. He made a point in a conversation about the corona virus. All of the reporters equipment was in front of him before leaving the room. He made a point to touch all of it like Haha bleep off. I'm not scared of this. And now he has it and Donovan. Mitchell has it according to Wo- Jr and God knows who else has the last five teams. The jazz played have been personally quarantine now because they've come into contact with the UTA jet a referee who who ref they. Utah game recently has also there for last night's game yes? He's been born in Queens signers. Looks like he has it. That is straight talk. It is brought to you by straight talk wireless everything for less only at Walmart in times of national crisis. A soothing voice is needed. We are not that voice. We bring you that voice however next. Tom Rinaldi brings US peace. Oh and the dulcet sounds of soothing. Neck Donlevatar I would absolutely take down my own school as a journalist if I find out that there was financial aid problems. We getting not hiding that story. I totally leverage that information for money. Felony Blackmail stugatz. He's got to be the only radio personality in America. Who FREELY ADMITS? Yeah I'd no that's good. You got the goes. All the other spots have been taken. He's like serving the landscape on. Where can I plant my flag? I got this right. Nobody else wants this. Why is there no one here? Wow this looks like such a great land..

Tom Hanks Tom America Sodano Tom Rinaldi Rudy Gobert United States Mitchell flu Mo Mr Rogers Devon Booker NBA Donovan billy billy Sarah Palin Walmart Espn president
"cnbc" Discussed on Newsradio 970 WFLA

Newsradio 970 WFLA

03:26 min | 5 months ago

"cnbc" Discussed on Newsradio 970 WFLA

"CNBC Phil lebeau he was asking whether the drop was reminiscent of the former dips in demand by the two thousand three sars outbreak or September eleventh and the CEO of Southwest Airlines said that it was more like nine eleven the CEO of southwest said it has a nine eleven feel that's how much bookings are down on southwest Hey you know it's got to be the same for American United and delta and those airlines have even more exposure with their support their international routes you know southwest does what that I think southwest does Mexico and and it was but some some closer international but the C. yourself where said that he thought the dip in bookings was an over reaction but that southwest is financially prepared to handle the fallout but that demand it gives you chills you are here I'm talking about scuba diving in the caymans and how we went on I remember we went to the caymans in December of two thousand one and it was a ghost town these people were still reeling after nine eleven that was December of course nine eleven happened in last September and it was the rest the September October November and we went Christmas time and it was a ghost town as people were it was still just shocked and we're not traveling internationally we did enter here this comparison to nine eleven in the drop off the airlines faced it just sends a shiver down your spine eight hundred eight zero one eighty nine ninety nine the nationwide number I'd love to hear from you have you cancel any trips the other day trips coming up how about business trips are you a business traveler have York what we're seeing conventions and meetings of all over the place had been canceled I saw that the the ace hardware convention was canceled because the corona fears sell all the ace hardware dealers from around the country I love to grab your calls on this are you fearful of going on vacation have you had vacations canceled have you had business travel cancel if you want to weigh a love to hear your stories eight hundred eight zero one eighty nine ninety nine I'm telling you right now that I'm planning to fly in a little over a week's time folks with the family and then I've got travel coming up in April several times and I've got air travel schedule for may coming up I love to hear from you eight hundred eight zero one eighty nine ninety nine the CDC scare why did trump plan to go to the CDC that it was canceled now back to the CDC and the president is at the CDC as we speak all of that coming up on my phone news radio WFLA and now another addition of obvious news from geico experts now say that wearing more clothes in the winter will in fact help you be warmer we asked called victim Trent Patterson about this and here's what he said that was the weirdest thing I I was a little cold put on a sweater then wasn't called.

Phil lebeau CNBC
"cnbc" Discussed on The Peter Schiff Show Podcast

The Peter Schiff Show Podcast

12:52 min | 6 months ago

"cnbc" Discussed on The Peter Schiff Show Podcast

"Cnbc WHO's touting stocks and bonds he could say all. These central bankers are making mistakes. They've all got it wrong. They're destroying the currencies. We're GONNA have massive inflation. The dollar is going to collapse. These other currencies are going to collapse and he gets away with it but not only is he not challenged on the validity of his forecast. But these guys aren't even questioning his partiality like they do with me. I mean not. Everybody does it but a lot of guys on. Cnbc have accused me of basically lying of talking my buck. They'll say Peter. You're only saying these ridiculous things. You couldn't possibly believe this. You're just trying to sell goal right. You're just coming on here trying to get people to buy gold even though you know. I'm trying to get people to invest in a lot of things not just gold but yes. I talked about goal because nobody else was and I think people should own it and by the way it's up better than sixty percent in the last four years it's up six and a half percent so far. This year is beating the stock market. So why shouldn't people own gold? But I've always been accused of well. You're just trying to get people to buy gold so you can make a sale because you're selling goal so you're saying all this stuff just to convince people to buy gold. Well why don't they say that to the Bitcoin guys? Why didn't anybody on fast money? Say Hey mark you soco. Don't you manage crypto funds? Aren't you just trying to sell crypto? Don't you have a vested interest in people buying Bitcoin? Isn't that why you're on here saying all this stuff right? Don't you need it to go up because in the case of this guy it's actually a true thing because first of all when it comes to goal no matter what I say. I can't affect the price of gold but I can go on. Cnbc every day and say by goal by gold. And it's going to have no effect on. The price is a huge liquid market. Nothing that I could do could influence the price but you go on. Cnbc and you say by Bitcoin by Bitcoin is going way up. That actually can influence the market. It's a thin enough market that that type of media coverage touting it can actually make the price of bitcoin go up but of course when you're involved in bitcoin right. Bitcoin and I've used the word Ponzi scheme. Sometimes to describe it but what it's really more like is a pyramid scheme than a Ponzi Scheme. And the difference. Between a pure minute ponzi scheme kushner subtle oposite scheme is when you have one guy right. That's perpetuating a fraud. He's selling the thing and he knows it's a scam. But he doesn't tell the investors but appeared scheme. It's not just one guy. It's everybody who buys it. Who BUYS INTO IT MAKES MONEY BY convincing others to buy it too so that they can sell what they bought at a higher price. So there's no one person that is just scamming everybody ponzi style. It basically takes on the dynamic of pyramid but when you are involved in a pyramid yes. You've got to get on television if you can and convince people to buy what you already own so the price will go up. I never have to do that with the price of gold. I mean the price of gold has real demand out. There doesn't matter if I get anybody to buy it or not. It's going to be bought. It's going to be bought by central banks as a reserve asset. It's going to be bought by the jewelry. Industry is going to be aerospace and medicine and consumer electronics people are going to buy gold regardless of what I say. That's not true for Bitcoin. You'VE GOT TO GET PEOPLE OUT THERE. Pumping it trying to convince people that the price is going to go up so by it but me. Why when you get this guy coming on. Cnbc and he say all this stuff nobody challenges. Nobody pushes back the way they would. If it were me and I was saying the exact same things except I was saying you should buy goal but this guy can say all the things that I used to say about why. You should buy gold but applied to bitcoin and he gets nothing but respect. Everybody's okay right but meanwhile bitcoin is a complete scam as far as being a store of value or a safe haven or any type of monetary asset. There should be a lot more skepticism. When you're interviewing a guy promoting bitcoin than a guy like me who simply telling people to buy gold and in fact one of the things that this guy said is that he was encouraging people not only to buy bitcoin. He said go out and buy some bitcoin. Keep Stacking Saito. She's just by by it but then he said take some of your bitcoin and send it into my fund and I'll pay you an eight percent interest on your bitcoin. Now how the hell can you pay anybody eight percent interest on Bitcoin? I mean obviously what you're making. Bitcoin denominated loans. I mean how you pay eight percent banks aren't even paying one percent and you're gonNA pay an eight percent interest on bitcoin deposit. Obviously that is a massive red flag. They're taking some tremendous risk with those bitcoins if they can give you an eight percent return for simply depositing them in their fund I mean. Maybe they're running some kind of Ponzi scheme with those bitcoin. So it's basically a pyramid at a Pasi rolled into one now. I don't know I have no idea. But when anybody promises eight percent yield audit deposit you know that they have to take a lot of risk especially in a low rate environment to pay that kind of yield so who knows but able to tout that too and again nobody questions him no pushback. He just has the seven minutes to tout bitcoin. But no coverage at all really to what's happening with the price of gold. No that's that's happening in complete darkness. Why they have all this light shining on. Bitcoin you know with all of the free and constant publicity that CNBC has been giving to bitcoin. It's amazing that the price isn't even higher. I mean that shows you how many people are dumping their bitcoin behind the scenes they're using CNBC as a way to get out. Right they're pumping and dumping. Cnbc does the pumping and the whales. Do the dumping. In fact one of the things this guy was talking about as big catalyst for why the price of Bitcoin is going to go way. Up is the having. And if you don't know what the having is it's going to happen. I think may twelfth or maybe. That's not the exact date. I'm trying to remember but what happens is the reward for mining gets cut in half so that means. The miners aren't going to get as much bitcoin for mining and so therefore the supply of bitcoins after the having is going to grow more slowly than it has been growing every four years. They have again and so the last time there was a having. I guess there was a big rally at some point after it. And so what everybody's been saying is oh the next time we have a having. The price of. Bitcoin is going to skyrocket. Because there's going to be less supply first of all. There's not going to be less applied. There's going to be more supply. The only thing that's going to change is the supply will grow more slowly after the having that it was before the having but the supply is still going to get bigger not smaller but the key is what happens to demand because what if demand goes down. Well then the price can plunge everybody's just assuming that there's going to be some kind of supply shock after the having and everybody's been loading up on Bitcoin in advance to the having because they all want to own it. Would it have because everybody expects price to surge except there's the problem if everybody knows that having is coming and everybody is convinced that after the having the price is going to go way up well nobody is going to wait to buy after the having they're gonNA buy now they WANNA be loaded up? They WANNA already own their bitcoin so that they can own it when it goes up after the having which means once we get the having. You don't have a bunch of people looking to buy. You have a bunch of people who already bought looking to sell. It's a classic by the rumor. Sell the fact so everybody who thinks that having is going to be a huge catalyst for the price going up there dead wrong is going to be a catalyst for the price going down. In fact price will probably start going down before the having and then go down even more after the having because everybody who wants to buy because of the having well they've already bought and so really is going to be an opportunity for people to sell and cash in on the event that they'd been anticipating for such a long time. Meanwhile though I want to circle back to the two thousand dollars city forecast for the price of gold because I can't really emphasize how big a call this is and what this likely means because these institutions realize what's going to happen and for all the people talking about all the institutional money that's moving into bitcoin. No institutional money is in fact moving into bitcoin but money is moving into goal. Look at the. Atf's now have a record amount of gold in storage so there has been some big buying and obviously if these banks are starting to increase their price targets for the price of goal there accumulating for their own accounts. And they're also accumulating gold stocks. That's probably why you haven't seen a major push yet from the larger gold banks to recommend gold stocks because they want to buy them themselves. They don't want to recommend until their clients until they've loaded up on their own position. So I do think that as an institution start to appreciate this bull market once they have positioned themselves to profit from it. Then they'll let their clients in on the action right. They'll let them get a little taste. Once they saturated their own appetites but see I want my clients in now. I don't want to wait for that. I mean I've been encouraging people for years to front run the big institutions to buy gold to buy these gold stocks. In fact the more I think about it to mean gold itself is the perfect hedge for people that are in the stock market and very few people who are in the stock market have any hedges they might as well introduce gold because the reason is such a great hedge is number one if the market crashes goals going up I mean just look at it on look at the correlation anytime you see the market going down. Chances are if you just look at. The stock market and at the stock market is down especially bits down big. You can pretty much guess. That gold is up. 'cause generally goes up when the stock market goes down but it also can go up. The stock market goes up so if the stock market's going to crash which is something you should be concerned about. If you've got a lot of money in the stock market goals going to go way up and stock market crashes so you should have some gold as an insurance policy so you have something that will go up when the rest of your portfolio goes down. But here's the flip side. The only way to stop the stock market from crashing is for the Central Bank or the Federal Reserve here to print more money cut rates. Do qe and that is actually better for gold. Then the stock market going down in fact that is more bullish for gold than it is for stocks. So what are two things are going to happen the US Stock? Market's going way down and your gold is going to go up or the feds. GonNa print so much money to prevent the US stock market from going down that the US stock market will go up but under that scenario your gold will go up even more so it should make money either way. Stocks go down you make money and gold stocks go up you make more money in gold so everybody should have it and soon everybody will but before they do you need to load up and again physical goal by SOM- shift all this by gold competency we will get you the best gold at the lowest markup you know go to our website and if you WanNa take a little bit more risk for a little more upside by some silver physical silver. We have yet to make a big move. Look we're going to have an explosive move one of these days it'll be up two dollars three dollars five dollars in one day. Don't wait for that day. A lot of people will and they'll buy after that day by before it because we know it's common you know we're going to see gold up one hundred dollars two hundred dollars in one day. Don't buy after. That happens by before that happens. You know I.

Bitcoin Cnbc Ponzi Scheme Ponzi scheme CNBC US Federal Reserve Atf fraud
"cnbc" Discussed on Techmeme Ride Home

Techmeme Ride Home

11:17 min | 7 months ago

"cnbc" Discussed on Techmeme Ride Home

"Thanks for coming to talk to us again again. Thanks for having me so when we spoke a year ago we talked a lot about things like wearables and a I in in health tech and I kinda hate to start off with one of those one of these sort of broad questions right off the bat but did those a lot of those trends bear out over the course of the year because I kinda stopped hearing about a lot like what the what were some of the biggest stories that we saw over the last year the things that you found yourself writing about over and over again. It's a really good question than you know an important times. Kind of look sock as we get your new decade Cranky So you know putting I think at the beginning of the year a lot of our talking about I am she money and kind of bringing me to Barron and health but one of the things music that you need when you're trying to do this kind of work is a massive amount of data And so we saw a lot of deals get done trivia. Ah between health systems that have that information typically before a patient records and the tech companies like. I'm GONNA do Google. You know someone would be surprised to hear that the second second off of the Yay the big story was privacy because I think you know consumers where it lodge kind kind of got the taste For for what it really means to you know. Give information without consent and we got some really interesting in discussions about what it means to be. The bad side According to kind of privacy rules and regulations and think thing as being honest and it turns out fourth forth. That isn't so now. There's there's a lot of talk about potentially revising the privacy policies with new age that we're living in Ah The tech. Companies are at the center of that. Well you know. It's it's almost as if you were reading my notes because I want to talk about all these. Let me back up for a second. Let's start start with the with the whole idea of the tech companies and getting into the state and stuff like that. I mean for thirty years. We've been hearing that you know. This is the next frontier for tax. That we're going to make everything more efficient and digitize everything but like especially Google's like project nightingale to some degree. I wonder if you know if if it's what I just said that this is something that tech is always wanted to get into. Is there something that has changed that it now like someone like Google has gotten so much. Religion is it that they Have built up all this cloud infrastructure. Now they need to show something for that. Yeah yeah I mean for Google being of the three in cloud off the myself. So I'm going. You think that they would be areas like house which I think compatib- pads of the sexes instead of relatively untucked by the crowd providers and it's a huge industry There's still a bunch of crossing that you can you. You can sell on kind of migrating to the cloud which made then I think. The other way they've they want US differentiate themselves by saying that that's a machine learning adding that they can build these cool applications on on top of the of these health systems and health care costs in this data set off. Ah The the pitch but then you know the the drawback is that nobody really trust Google and I. They tried to do what is essentially kind of some of the same banks that health check fees owing done They're not doing anything new hair and project Nightingale Kinda fully very long tradition of things. So it's agreement agreement being made between help companies. Nothing you can do about it. Maybe that's what I'm asking like. How House just from your perspective? How serious do you think this is? Is this something new or is this as you're saying just something that we've been hearing for years and years. How serious do you think someone like? Google is about getting into the sort of health data stuff with both feet. I mean I think it's I You know it's they are definitely serious about getting into space and and you see them kind of higher help people in the past year including Somebody could David Find Bucks an elitist that division in health that they are serious about doing something states and and you know project banking Gail. I think go that reaction because Google But I recently tweeted out this whole threat of of just kind have similar things that have been done between healthcare companies. Is that really. Don't particularly care about because it's not Google But you you know. For instance if you look at the de identified data that that project Nightingale Impact was collecting Got Involved know that shad between ascension unhealthy stem and Google diesel typically would happen all the time in health. I mean if if if patient dated for flow freely like dog. Now well I mean I. I thought that the industry would basically trying to reaching hold that of sorry. The tricky part of it the Vikings. But it's legal okay. I want to dive into that. You just you had a recent tweet thread where you kind of outlined all the ways that healthcare companies have are already and have for years been taking advantage of your data or there's already like Brokers selling your health date in the same way that you know you can buy five my browsing history or my location history and stuff like that so this is that isn't new. What is new is that now? There's this market to sell to the big tech companies as what. Yeah yeah absolutely. I mean you know one of the craziest got statistics. I've had which you know seems to be true? I don't know how much access you you have your health information or use a no way. You're you know blood test results or actually imaging is most people don't have access to that. turns out your ten times more likely to have that information be hacked to review it more likely to have my health information be hacked into action. I'm talking with my own eyes. More likely head. Find more likely That's that's like the piece of it illegal for the piece of it. The legal is that they're also danger. Burqas these companies that just by this information from houses jumped and sell it to farmers for marketing purposes which is you know another way which your data is being advocated and and my bridged Without you ever really had access to it yourself. What about about we've seen all these stories about These genetic testing companies. And you know it's not only crimes are being soft stuff. But there's there's I think like twenty three and me cut some sort of deal with drug maker to mine. Customer data so is is that something that's new on the horizon to that you're twenty three and me. He's not just making two hundred dollars or whatever off the kit they're also going to be selling this data down the road. I mean. Isn't that kind of it's like it's sort of a brilliant lead Gary Business Model that you could charge people these tests and then also once you have that information and of course you have to get consent. Ah But somebody says yes you can have a business model the other side of it by by aggregating in time so many Shannon selling it some of your customers they think for twenty me. That's it's kind of the facade wheel of this which is that they can become a drug makers themselves which they are trying to do. Yeah they they have a whole Therapeutics Knicks on so they. They're trying to use some of this information so that they can develop drugs And for that reason better definitely cold among patient advocates. That I talk to you to see if there's a way to compensate patients like imagine if you had something really really cool about your genome and that led you. Some great discovery agreed that if a bunch of drugs may cause you know we're able to monetize why would you ultimately that. Is that work at some kind of payment from the. That's what I think the Guy I've been going on and on about that about all of our data how come but even even forget about if they if they make some sort of cool new drug based off of my medical history whenever but it's still my medical history that they're selling so wait butts back the second so this is all legal even though we have things like hip and and and all those sorts of laws is it legal because it can be de identified or unauthorized. Yeah it's it's It's hard to find. So Oh anonymous. Data An let's declare like Hitler doesn't you say you give your your health information to think like that's helpful. Wouldn't even cover that. It's really just cases where some kind of help cats evita sharing visa to a business associate so that Mike Yeah health system sharing information with the company like people that would be helpful. But it's not all stockings. Does that involve any sharing of health information and under have but basically the okay to four to share what the state of it is considered de identified But there are a couple ways. Is that just fine. She identified but I think that's the piece of it where people are saying hippies an update because these days he couldn't you know take jake very slight walnut information. Even when it's been de identified and find a way to correlate that some other information say like you know if you knew you a person's location or whether going every day and then you might be able to figure out alternate thing so you know that's kind of an interesting thing that wasn't when it was when it was the mole was full wasn't ready considering And then you can also shy some things that is protected under Hecker inform an agreement and sign. What's called a being a business agreement that allows for some sharing of information from the puppets of say research or for company Building a tool for health system. But they're not supposed to then turn that into a commercial business. Let's go to another health system. It's kind of complex. But that's sort of how generally how the framework of ready tell that they're that mutation is there. Is there a difference between de identified an anonymous or are they essentially the same thing. the So so they are not saying saying we couldn't you know what the de identified it's It under HICFA. It's because you've taken stripped it of certain kinds of information that Hitler would say or identifying or under habits like untying met that requirement or you've hired a statistician Sousse agreed that it's the sufficiently de identified but nowadays people there there's been studies show that even the identified as that can be traced back to an individual so it is definitely not the same thing.

Google Hitler Barron US Vikings David Nightingale Impact Knicks Nightingale Hecker jake Gary Business Model Shannon Sousse Mike
"cnbc" Discussed on KFI AM 640

KFI AM 640

01:43 min | 9 months ago

"cnbc" Discussed on KFI AM 640

"CNBC this negative perception has lost businesses we don't establish themselves here because the name asbestos as you know is wants to go to material for insulating buildings well that didn't work out so well because then we find out that yeah it's not so good for you it's going to cost the town about a hundred thousand dollars to change its name and that process will begin in January number four probably on his fourth tranquilizer by now the form or the means same world left for years all right nobody asked for this but you're gonna get a the longest game ever from monopoly monopolies longest game ever is now available for purchase exclusively on Amazon it's nineteen ninety nine and it is endless you'll never re claim this time in your life if you think the original game was long yeah this one's even longer the winner must own all sixteen streets for railroads and two utilities they got a via yeah there's no way you can win this one players can choose from a tortoise or a hair for your token and if that doesn't interest you maybe you'll be interested in the other version of the game they're releasing this is a monopoly speed game it's the fastest version of monopoly takes just ten minutes to play that's kind of like my kids asked me to read a book at night thank you what's the quickest book I can get there no I'm just kidding that's not very nice but I would play this for them but you should be the number thou shalt count and the number of the counting shall be three fire said within.

Amazon CNBC hundred thousand dollars ten minutes
"cnbc" Discussed on Squawk Pod

Squawk Pod

08:53 min | 11 months ago

"cnbc" Discussed on Squawk Pod

"Bringing show musically this squawk the daily podcast brought to you by the team behind squawk box control to CNBC's essential morning show every day. Get the best stories debate and analysis from the biggest names in business and politics are today a behind the sound special at the delivering Alpha Summit. We should be calm that we have a lot of people out of the Super Bowl Tech investor. Glenn Captures says going public is going bust the IPO's are happening in the private market investing impact the guy who runs an office as witches the Rockefeller because it is the rockefellers Raj Shah. It used to be the case that ninety percent of American children could do better than their parents today. It's less than fifty percent and former White House insiders insiders. Steve Bannon takes on China. This is an economic war that Beijing has run against the West for twenty years today delivering Alpha. I'm CNBC producer Katie creamer. It's Thursday September nineteenth. Twenty nineteen squawk pod begins right now spend becky by in three one good morning everybody the squawk box here on CNBC. We are live from the ninth annual delivering Alpha Investor Summit in New York City. We are at the Pierre. It's beautiful things are happening. We're ready ready to go fifth avenue. I think part of Manhattan Vernon Andrew Ross Sorkin the delivering bring Alpha Summit in New York is nine years running in partnership with institutional investor. CNBC's biggest event and Wall Street knows it investors Carl Icahn Bill Ackman Hedge Fund leaders ars and Treasury secretaries and vice presidents are among the growing guest-list today's podcast brings you behind the velvet ropes literally at New York's Pierre Hotel throughout this episode. You'll hear the steady buzz of guests arriving at the ballroom directly behind squawk set. That's where we deliver the Alpha by the way Alpha is kind of the holy grail of investing. It's achieving returns way above expectation above your benchmarks and it's why everyone's here squawk box production assistant angelique on set with our anchors every day and this morning is no exception This is Andre Syndrome. I'm here at delivering Alpha am sitting in the control room. You'll hear from her throughout the pot. Some speakers joined squawk box and our first guest just as Glenn Capture. He's the founder of St Capital which has holdings in most of the big stocks that you keep hearing about Disney Netflix slap Lubar lift lift pinterest even Amazon but as technology investor he's looking at every sector because tech has taken it all of here's his interview joining us right now to doc stocks. IPO's and tech investing is Glenn Cater is founder and CEO Light Streak capital and I guess let's just start from the perspective of how much money is is sloshing around out there right now because of the Fed's policies more easy easy monetary policy means more money is going to be there and what does that mean for the for the IPO Keo Market and markets where you play sure well. I think we're a kind of a turning point for the IPO market serving the last several years. It's been so much capital. both from private players and public players going into these late stage financing's so that by the time these companies want to go public. They don't really need anymore capital. They've stayed park private three or four more years longer than typical and there's a real movement going on in Silicon Valley ground swell of investors investors that are saying. We don't need to take further dilution. IPO But we've seen companies like spotify companies like slack slack was break-even on on almost break even in the most recent court and business going very well. They don't need outside capital. They don't need further dilution. We should point you have had holdings in Uber Lift Pinterest and in slack. Those are the ones that you've been involved then pitcher. Ston didn't capital either. What do you think about private valuations anyway shins versus public valuations and the idea that transparency in the public market has demonstrated at least to some degree. You think that the public market is a better a the better way to value things that there's actually something wrong in the private market and I think this is especially important because actually now there are public investors meeting Blackstone T. He reprised a black a black black rock to price some of the big public investors that are now in these private vehicles sure. I mean more supply of capital and drives up prices so we've seen valuations done in private companies that we hadn't seen before ten five or ten years ago so I think there's an adjustment. I I think what's happening really is that the fios are happening in the private market. That's that's where. IPO's are actually happening. They're just they're just a select group would investors that are doing them and then the public. IPO is separate and you know. I think the public markets public market investor are pretty good arbiters of valuing. You just have to hold up over time and that's GONNA come down to the fundamentals of the company. So that's what markets you know. Open outcry markets that we live in public mark investors do so you know let the markets do their do their function. Does it feel to you that there's any sort of a tipping point or any sort of a turn turn instead in terms of out willing the retail markets are to take some of these new deals. You've seen some recent listings that haven't done in well. You've also seen we work looked like it may not ever come to market. We'll see but does that feel like a turning point to you. I think those are two pretty separate things. you know we've also had general stock market where there's been some questions about whether we what's happening with this value growth rotation and that's obviously obviously not good for high growth companies. which typically is what we see? Come out of Silicon Valley Venture back competence so we work. I think what there's a company that I think there's plenty said about some of the behaviors some of the policies and frankly the business model there. I don't really consider we worked with a technology right. They were coddling some software technology to put a technology veneer on the business but there's nothing there that really gives you the pulling efficiency technology companies that real sharing economy companies like Uber and lift it still requires capital expenditures not like other tech company. It's not just capital expenditures when you and I take a lift or Uber. That's that's a that's a property or an asset. That's been used ten twenty times a day by different users when you rent a cubicle at work or three or four cubicles for your startup. There's no one else is using that those those square feet all day so there's really no cooling efficiency there. Do you have concerns about Uber and lift given some of the regulatory advances does that we've seen not only in California but here in New York City other places where it may make it tougher for there to be key for those companies to turn a profit anytime soon. They've you've gotta live by the rules that are you know that our legislators bring to the table and there will be new ones and we'll see how that works out. I mean I think it with a B five the new legislation California if if that transition occurs for some percentage of drivers it gives Buber souverain lift the opportunity to to both require their drivers to do things they weren't able to require meaning work certain hours certain locations and also restrict them. I'm from working for the competition which reduce churn of drivers which is a major cost to both those companies so I think there's two sides to some some of the opportunity we need to have a certain percentage of your employees be or certain percentage of your drivers to be employees so we'll see how that works out. I think the core attractiveness of those stocks is the benign pricing environment in the US this duopoly business that sure there's a few small competitors in various cities but ridesharing it's largely a two player business or market in the United States and we see pricing go up dramatically lift which only does business in ridesharing they don't have a food delivery business and they don't operate outside of the US and and and and Canada they. I think you're going to see their their fundamental student really really well very quickly so we've got a big position Glenmont. Thank you for your time today. It's good to see you up next on Squawk pod former White House strategist Steve Bannon. He says the trump administration is battle ready against China in this economic war. The trade is just one part of it. We have a currency part right. We have technology part we have a we have a capital markets.

New York City CNBC Alpha Steve Bannon White House Alpha Summit China California United States Beijing Glenn Captures Vernon Andrew Ross Sorkin Raj Shah
"cnbc" Discussed on The Crypto Street Podcast

The Crypto Street Podcast

04:42 min | 2 years ago

"cnbc" Discussed on The Crypto Street Podcast

"Investment advice from them than you're doing yourself with the service because it's enter taint and it's most opposite, were they're not accurate necessarily. They're all really get his ties on there with mullets. This is not like comedy central, stay pot to like, I don't know what of course, Nigerian who has a little league dead eye ponytail gift. It was tight one. Anyone. The just remember one day I switched on was what she was just own annoy staring, tweet, talk when one of them and one of them had mile at one of them how to Jeddah. I point. He was one of them was renting cowboy boots. The chain touched to drought is like. The guys that you these guys, they, she out raw, these guys, these guys, like really, I mean, because you've got like a Ron, Ron, knowing where. And heap a CNBC CNBC game, MC. I mean, slight me this guy who is stored office. He might as well TV. I mean, she's still like this. This is the ship that makes me the I from these guys because I called him out law. And then they walk me like a coup commun- each per pumps homeless. I quite like him, but he does to share and I just feel when you follow as you have a responsibility to try needs Chris out, like incense sense, insensibility young needed coming into now exceed what you say in they take his gospel, you'll shillings, I'm share. It's like coming, not doing uniting vein, not in the market, any fight, really two degree. But you know, he comes out of some bullshit line with a comes out will bullshit. And he's of like he's foot of liked. I told you so. He's right. Is that you know, he was writing. Simple. That's came out this thing and it's like, oh, you know, recently, psychologists, this is this like they raise like thirteen million lesson year regard, a run out money. And unlike companies like on telling them how to do that and they when here big unlike any at the end of like, I've, but my head in my hands or some bullshit artists. Unlike you showed that CO. Hit, you hit your involved and now you're up on Twitter pricing, shit law this. I'm doing also an Enron thing this this is this is another thing is another thing. This whole light in institutional money. It's like it's like it's like a buzz phrase right? Sheesh money star to rear its head like about Iraq, a win. We in the boom, all all Ian street, your money coming in because like we're flying now at old older there. We're going to take interest. It kind of like gets used a lot. I find it gets used a lot institution money's coming. Really the irony in aids. People say are like, Chris, our bitcoin, it's built to take us away from the Bronx and take away from addition. But then like minute requiring loses ten percent in value. It's like where the institutional side. A hundred minute. How so? The very people sick new want to basic leave. You'll now also the common safe here, this crazy like debts, that's, that's that's the bat. Again, this is like. Me, but it's the combats survive is just it's, it's this contradiction, which is the head of contradiction. Nike, not that comes from a lack of understanding of traditional financial markets on you guys because you guys got a small so you you actually take the time to actually understanding environment. But a lot of people don't probably DeVos jersey dying. Glenn messaging. Messaging about he actually, I've had a few message waters, but I ended up. Thing we've been because I was like..

Chris Ron CNBC Jeddah Nike Twitter DeVos Iraq Glenn CO hundred minute ten percent two degree one day
"cnbc" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

02:02 min | 2 years ago

"cnbc" Discussed on MAD MONEY W/ JIM CRAMER

"Believe that in order to see with digital you need a platform like new relic and we believe we've got by far the best platform what do i mean that by that well every digital business let's take for example cnbc this is great company and i use your app every day and i just met your team up stairs half an hour you yes and they rely on new relic to make sure every mobile interaction every web click is flawless because more and more of your contents reaching people digitally and we ensure that you deliver a great experience for all of your customers to know what you want you explain to people because one of the hallmarks is the easiest to use interface so what are they looking at and what can they tell seem dot com well digital teams these are suffered avella pers or operations they're very smart people but they're very busy and very overloaded they've got a lot of stuff to do to keep these sites up and running and so they don't have time to learn complex tools to what watch what's going on in production so we worked very hard at new relic at making our products easy not only for a couple of special to us but the entire digital team to us and that makes digital a team sport which helps them succeed with the initiative well like a team sport that you're doing is you're using you're helping sap with concur company that we used to love when it was growing it was public and you're part of obviously team because those are all online company say are concurs a great customer of ours they've been using us for quite some time as their their entire customer experiences obviously through digital it's people file their expense reports they do it on the phone how do you make sure that works flawlessly we measure everything about that customer experience from the mobile device to the application code running in the cloud to the cloud infrastructure itself all in one platform our customers are sick of putting together a bunch of tactical tools they want a strategic vendor to help them succeed with digital and they're turning to new relic for that reason great feather in your cap you talked about how ibm will resell new relic platform to its global customer base they to need.

new relic cnbc ibm sap
"cnbc" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

MAD MONEY W/ JIM CRAMER - Full Episode

02:02 min | 2 years ago

"cnbc" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

"Believe that in order to see with digital you need a platform like new relic and we believe we've got by far the best platform what do i mean that by that well every digital business let's take for example cnbc this is great company and i use your app every day and i just met your team up stairs half an hour you yes and they rely on new relic to make sure every mobile interaction every web click is flawless because more and more of your contents reaching people digitally and we ensure that you deliver a great experience for all of your customers to know what you want you explain to people because one of the hallmarks is the easiest to use interface so what are they looking at and what can they tell seem dot com well digital teams these are suffered avella pers or operations they're very smart people but they're very busy and very overloaded they've got a lot of stuff to do to keep these sites up and running and so they don't have time to learn complex tools to what watch what's going on in production so we worked very hard at new relic at making our products easy not only for a couple of special to us but the entire digital team to us and that makes digital a team sport which helps them succeed with the initiative well like a team sport that you're doing is you're using you're helping sap with concur company that we used to love when it was growing it was public and you're part of obviously team because those are all online company say are concurs a great customer of ours they've been using us for quite some time as their their entire customer experiences obviously through digital it's people file their expense reports they do it on the phone how do you make sure that works flawlessly we measure everything about that customer experience from the mobile device to the application code running in the cloud to the cloud infrastructure itself all in one platform our customers are sick of putting together a bunch of tactical tools they want a strategic vendor to help them succeed with digital and they're turning to new relic for that reason great feather in your cap you talked about how ibm will resell new relic platform to its global customer base they to need.

new relic cnbc ibm sap
"cnbc" Discussed on The Crypto Street Podcast

The Crypto Street Podcast

01:32 min | 2 years ago

"cnbc" Discussed on The Crypto Street Podcast

"It for like the banks aren't gonna touch on this stuff well i mean sentiment already been dashed so the revenge revisionist of history on one on your part of it was well you know this isn't that bad it really probably wasn't all that bad but the point that we went through a bear bog trend in broke it it's it's the bigger the bigger part of that that component than whatever news is coming out and socio with it yeah there's always going to be a narrative right if they can find on they're going to give it one and you know i think we've seen some stupid narratives coming out from cnbc over bitcoin but you know they're gonna roll with it if they come they'll find something i mean it gets the clicks and you know it's really hard to write a market piece that basically says well we moved for a combination of a bunch of reasons and you know here's why like that ends up basically dot getting clicks but if you have like you know headline you know mount gotcha trustee moves coins bitcoin price lives thirty percent oh people are going to click that like oh well let's go got so and you know the justice bility of of concepts with markets is a hard thing to to learn unless you've experienced it for years so i get why people want their narratives of okay well the market did this well why there has to be a why but they're they're actually.

cnbc trustee thirty percent
"cnbc" Discussed on WHO NewsRadio 1040 AM

WHO NewsRadio 1040 AM

01:52 min | 2 years ago

"cnbc" Discussed on WHO NewsRadio 1040 AM

"Website if you'd like to learn a little bit more or if you have any questions for eric and you'd like to send them in again that's ask eric peterson dot com today we are talking about diversification and eric so many people have this kind of fundamental definition of diversification don't put all your eggs in one basket we really think about it in one way but you're teaching us there are different levels different layers of diversification so diversifying across asset classes that's one of the basics diversification one on one what's move up what's what what's the next level when it comes to diversifying especially for pre retirees and retirees we do know that not put all your eggs one basket as you mentioned we gable example enron and the first step for step segment of the show so people when you listen to people on cnbc listen to that guy that does mad money in all this craziness there and the piano fast money all this stuff they're always talking about you know these companies that are just doing tremendous amounts of how much money they're making on by betting against it or for those kinds of things they talk about the fang everyone wants to buy into fang fang which is facebook apple netflixing google you know because why they're biz models are doing pretty well right now and it was all that's word to make the money while he does have to understand the risks that you're taking so you need to diversify even within the asset classes so if your asset model is hey i'm gonna have so much in stocks and so much in fixed income and so much cash then within the stocks you don't go all by just saying stocks go i just want stock you need versus amongst the stocks that are in there so you have large company stocks she got a mid sized companies you got small companies and then within those you even have companies that are more growth oriented copies that are more value entered value oriented company to think about that like a very large well established company that pays a lot of dividends.

enron eric peterson cnbc facebook google
"cnbc" Discussed on WPRO 630AM

WPRO 630AM

01:46 min | 2 years ago

"cnbc" Discussed on WPRO 630AM

"He's eric i'm jerry friend of mine who is a financial analyst wrote no wonder the markets were so screwed up any basically put on a page from cnbc a screen shot that said let me just read the one here do i have it here no and and this and this cnbc story talked about the fact that the president reportedly wants to take on amazon it's unclear whether the president would do it on his own but actions in the two other branches of government could settle the issue for him when it comes to internet taxes and it gives a general story about the president's history on it and then the white house was asked you know about it and said you know well at this time no always looking for a level playing field here's the whole thing and then they they have a tweet from trump from last year amazon doing great damage to tax pain retailers towns cities and states route the us are being hurt many jobs are being lost for those who believe that brick and mortar will come back if third parties sales on amazon are taxed you live in a delusional world.

financial analyst president amazon cnbc
"cnbc" Discussed on Talk 1300 AM

Talk 1300 AM

02:07 min | 2 years ago

"cnbc" Discussed on Talk 1300 AM

"Office into him again he's well well respected a another guest that was on cnbc yesterday is a is a an investment pro named david dr ste he's a frequent guest on the show as well of cnbc there's never been a guest here on our show and he talks about gains g a r n s g standing for global growth is good and that includes china includes europe includes japan and of course the united states so the g in gains his global growth the a in gains is a very anemic dollar in that's going to add to our our markets reference sure and that's positive the i am gains is inflation that's the key but we don't believe it's runaway inflation the ending gains his is nifty of fourthquarter earnings which you're again have been above analysts expectations into that's what drives the market historically is is is corporate profits and uh the s in gains is strengthening spirits in that that means consumer confidence is good that the tax relief is going to help uh the momentum so it's a confidence driven no comment for the s so gee i n s stand for gains in the markets in the theory doris gave us the reasons yesterday on cnbc so the number is four seven six 1300 let's go to a prints out atop the j p a j p away very good morning good morning um i'm of the anxiety over the market has been uh about the deficit number one in inflation numbered pillow and more of these things are significantly uh significantly skewed by factors that are not always considered now i'll start with the deficit purse um the assumption is that the deficit has got to grow enormously but they're nuton there's no consideration for the fact that as the economy grows if we get if we start at the.

cnbc china united states david dr europe japan doris
"cnbc" Discussed on KVNT Valley News Talk

KVNT Valley News Talk

01:33 min | 2 years ago

"cnbc" Discussed on KVNT Valley News Talk

"Laskar had you listen to the most popular morning showing in the state gas the tom anderson show is as good as it gets breaking news weather traffic reports and it's not all news entertainment sports food might even get a surprise guest blood ted nugent sarah palin and culture right here on kvnt 1020 am and ninety two five the top of the valley the tom anderson show has this is all you need on your morning drive you might even laugh a little or a watch the tom handwriting shelf six to nine am right here on kbnp it's red eye radio he's eric harley i'm gary mcnamara well we may fact check the fact checkers on the fake news awards a both coming up your or just my discontent monotonous to do not get into the minutiae of things that were just knobs is sorry were just one of this move it yet just a vibe with after a apple to bring a ton of money back on it and they will be interesting to see uh not just apple but all these companies what the final tally will be yeah i remember the ceo of cocacola sitting with uh the leader of berkshire hathaway of course uh warren buffett on cnbc one morning and talking about this was a few years ago and the that the person that cnbc they were there on site some work on location for some big cocacola company meeting or something and.

apple cocacola ceo cnbc warren buffett radio little tom anderson sports sarah palin ted nugent blood gary mcnamara eric harley berkshire hathaway entertainment red kbnp