35 Burst results for "Five Billion Dollars"
Redfin beats Q4 earnings estimates with $244M in revenue and record traffic
"Invidia reported it earned three dollars and ten cents per share in q four on revenue of five billion dollars both beating analysts expectations with revenue up sixty percent of the year data center revenue grew ninety seven percent of the year to a record. One point nine billion dollars while gaming revenue also hit a record in the quarter of two point. Five billion dollars up. Sixty seven percent of the year
Democrats Closer Than Ever to Passing Mammoth COVID-19 Relief Bill
"Congressional democrats closer than ever to getting much needed relief into the hands of americans today. House house democrats unveiled be five hundred ninety one page text of president biden's coronavirus aid package house. Budget committee is set to take up legislation on monday. And the bill's expected to come to the house floor for a vote late next week. President biden called out republican critics of the package this afternoon. Let me ask what would they have me cut. Oh they believe are should we invest twenty billion dollars to vaccinate the nation. Should we not invest two hundred ninety million dollars to extend unemployment insurance for the eleven million. Americans are unemployed so they can get by. This is united states of america. God's sake we invest in people who are in need to invest thirty five billion dollars. People keep a roof over their heads. I could go on but you get the point for all the obvious. Gop criticism republicans are struggling to derail the president's relief plan because it's so popular the new york times reports many of its core provisions poll strongly even with republicans more than seven in ten americans. Now back mr biden's package. According to new polling for the online research firm survey monkey for the new york times that includes support from three quarters of independent voters to and five republicans and nearly all democrats
Cost of a single Bitcoin exceeds $50,000 for first time
"The value of bitcoin continues to rise a new high for the digital currency bit coin rising above fifty thousand dollars for the first time in the past several months the price of bitcoin has soared nearly two hundred percent with more companies signalling they'll accept the new currency it's been a rocky ride though bitcoin fell back below forty nine thousand dollars after hitting the fifty K. mark Tuesday last week Tesla ramped up interest saying it was buying one point five billion dollars in bit coin and that it would soon be accepting the currency as payment for its cars then BNY Mellon followed and MasterCard says it will start supporting select crypto currencies on its network I'm Jackie Quinn
Facebook has been helping law enforcement identify Capitol rioters
"Speaking of being online surprise surprise facebook as been helping law enforcement identify people who posted photos of themselves or were posted from being at the january. Sixth row so so-called riots at the us capitol according to the company then that actually brings up a comment. I wanted to add to the fixed election call. You know what hasn't been noted very well. Is that facebook and twitter easily made billion dollar donations in kind in the form of not only propagandizing but actually shutting down the conversation of the other side. Great point and manning that what would that cost if you paid for that a billion dollars. Five billion dollars does that yet within campaign finance laws. That's a great point and there's no one who's actually asking that question. No one is no one's going to go forward with any kind of punishment for them for that because nobody cares. Facebook has been helping law enforcement. Identify the people in the photos. Even after the so-called attack was over according to monica bickered the company's head of global policy management. She said facebook removed post from several militant groups in the lead up to the violent event. Violent event is ridiculous. It was horribly violent. The cop shot a woman. That's a good point. Yeah sure and it was one cop that i had a fire extinguisher thrown at him and died later on or something like that i think. Hey if you're not attacking crowds. You won't have fire extinguishers thrown at you go to feel sorry for him. The company said they didn't use its facial recognition software to help the government identify people but passed along data in response to requests. How's that not the same thing. Exactly is the same thing it was. Was it a subpoena or was it was just a voluntary said request. So requests okay. So if if it was actual request they can hang over the data basically without as peanut but are effectively cooperating. Which means yeah. You're right one hundred percent you got sold out yet stitches. There's not much else to say. I just wanted to bring that up in case somebody didn't think facebook would would do this. They absolutely are doing this. That was the whole point of developing this tool in the first place was to have a tremendous database and multiple pictures of individuals that they could match up with any other photo to see if they knew who you
Tesla buys $1.5 billion in bitcoin, plans to accept it as payment
"Let's start with the big news this week. Tesla by one point. Five billion dollars worth of bitcoin and also added bitcoin. S a form of payment. You started genesis as the first digital asset trading desk all the way back in twenty thirteen which was quite a different era in bitcoin and the industry back then looked quite different. And so i just want her given your experience in the trenches of this industry for so long what would you say is his significance of tesla. The biggest companies in the world putting some of its reserves in a bitcoin. So you're right We started the first otc desk. Bitcoin back in two thousand thirteen. Call eight years ago. Now and you know if you were to say. Hey you know tesla or any company like that would be putting bitcoin onto the corporate balance sheet back then. I don't think i would believe right. You think about trading firms you'd think about asset managers and hedge funds corporates at the of target audience certainly at the time And you know. But like and. I'm excited to talk about this. Because the tesla thing is is is a result right. It's it's a build up in an evolution of the asset class as well as the market infrastructure which led to tesla's investment than in on. Bitcoin got announced this week. Insult it's certainly come a tremendous you know you're and in progress within the ecosystem and and the exciting thing about it is yes. It's great elon. Musk and tesla a billion and a half big number. This is just the beginning
Gmail iOS App Has Out of Date Warning
"Fifty percent of the year to ten point zero five billion dollars. Although ride hailing revenue did surpass. Its delivery business for the first time since the covid nineteen pandemic started over. Twenty twenty uber narrowed its net loss. Twenty percent of the year to six point seventy seven billion dollars. Some users reported that logging into the latest version of the g mail. Ios should've security warning from google that this
$1 billion toward better tribal broadband is just a down payment
"Reservations leg work behind the rest of the country in terms of access to high speed internet. The cares act created a billion dollar fund to help tribes build their own networks. Matthew iran tannen is director of technology at the southern california tribal chairmen's association which runs a wireless network that provides service to nineteen tribes near san diego he also advocates for policy that will help tribes. He says that money is a baseline. Here's how many billions tribes really need seven point. Two is a pretty decent look at the opportunities. The number of households fiber to the premises based on mileage and stuff connecting to that middle mile. And making sure that the tribe has access to you know enough bandwidth to be able to pull this off you know. A billion dollars is a good foundational. Start and You know there's more to be done just advocacy. Where does that seven point. Two billion dollar estimate come from That's been worked up between a couple of industry experts myself included and Some folks from the fcc. It's been vetted through some advocacy groups. That i work around. Its desktop engineering at best. But it is You know within the ballpark of the chaos that we need to solve. Do you feel like this is a priority of the incoming administration. There's a new. Fcc coming in there is. It appears much more recognition of the importance of the digital divine like. Are you hopeful that some of this funding or at least some policies or spectrum could be forthcoming i. I do think that this is going to be a new focus. I think is probably one of the few issues. that's bipartisan. some traction out of the last administration Through the fcc. Obviously we're talking about it now but we stand to see a lot more Moving forward on a lot more opportunities than i think. Some of the barriers can be reduced in this in this next administration that may have been obstacles in the past. I mean what what better marketing campaign than covid. Nineteen to tell you how important it is have broadband at your home. The billion dollars you save is a good start but it wouldn't exist without covid. I mean it's a a bit of a silver lining for some tribes in some right. Don't let a good emergency go to waste. I mean this is this is true. You know we've we've been saying a billion dollars. I can't even think how far back we've been saying billion dollars. Foundation will start to this. It's at least six years If not more and There there needs to be understanding of of what after the billion dollars is actually needed and because of the billion dollars and because of some of the other matching efforts that are happening at the state level to do assessments evaluations. We're going to have a much better understanding what is actually are truly needed in each of these locations. And it'll be able to quantify okay. Is it another six billion dollars or have we come far enough now. That maybe there's it's only five billion dollars to be determined. But i think this is a step that will really get some better understanding as to what is actually happening on the ground. And then just broadly speaking give us a sense of how big this gap really is like. How does this lack of internet access effect reservation specifically in people's willingness and ability to stay in their communities so interestingly enough twenty years ago we had a lot of opposition from tribal leadership about connecting their kids to the internet. You know there's all these harmful things on the internet. The parents don't understand while enough to to be able to police. It and that shift happens as internet started to come into the community in kids start using in education started to embrace it more and more now. We have those same cultural leaders from twenty years ago. Coming to me saying can you please deploy bigger faster. Better internet our community with more capacity because our children have gone off to higher education and gotten a degree and they can't come home because we don't have access to the internet. They can't perform their degree. They can't perform the jobs that their degree allows them to get. And we don't we can't bring them home because they want to pursue their career and their careers where the internet
Why Tesla Bought $1.5 Billion in Bitcoin
"In an annual filing tesla revealed yesterday that it had bought one point five billion dollars in bitcoin. The company also said that it plans to start accepting the crypto currency as a payment method for its product soon. This is a big step. Not just for tesla bitcoin. So let's turn to our markets reporter caitlin nostra for more. Hey caitlin thanks for joining me. Thanks for having me. So what do we know about this strategy behind this purchase. What is tesla for here. So we've seen a lot of companies recently moved to start. Adding bitcoin to some of their holdings in a lot of it has just been diversification so instead of holding a treasury bond that may be offers significantly less yield than it used to. We're seeing people want to You know find other ways of storing some of their value at the same point saw so a little bit of almost a political statement. That you have elon. Musk and other. Bitcoin opponents who have for years been saying you know this is the future of this is a great asset that you should be invested in and very fully. We've seen some companies can jump on board with that idea. And so tesla is simply the latest in a line that has included square inc for one example but at the same point you know tesla is investing significantly more bitcoin than than many of these other companies. Have and you know. Of course. this move isn't altogether out of left field as you mentioned you know people who follow tesla's. Ceo elon. Musk on twitter. Probably remember that. He's expressed interest in cryptocurrencies. Before can you just remind us what we've seen from him. Yeah i mean for instance. Last month you had on change his twitter bio to read hashtag bitcoin. I mean he has. Long been a proponent of crypto currencies not just bitcoin. He's been having a little bit of fun on twitter lately with a meam. Crypto currency called doj queen. But you've seen him oil lobby in the past the the idea that bitcoin is something that we should be looking at in. There's been a few times that he's on it in the past on twitter but elon. Musk his following his persona even if he is joking about something it draws attention and it can make something more valuable and part of the concern a little bit with elon. Musk is that He has gotten into the trouble with the se in the past regarding some of his tweets about tesla he was even if not tweeting directly about bitcoin right before this he was adding it to his twitter bio and we don't know quite what date he bought and so there's a lot of people who are a little bit concerned that you know the sec. Poke at this and be a little bit concerned. You know we. We don't know if anything's happening or you know what might happen. But that is a concern always on the investor side right and going a little deeper on that risk piece you know. We've been watching bitcoin for a few years. Now i think a big takeaway is that this is a really palatal form of currency as mentioned you. We've seen it reach astronomical heights over the course of a few months. Maybe depending on who's tweeting about it and then crash and lose it all so just. How risky is this. Move from tesla. Yeah i mean look it if it winds up where bitcoin keeps going up. Then it's very good. Move for tesla but as you mentioned You know bitcoin cryptocurrencies. It's really volatile. Because i'm like a traditional currency of the dollar or the euro it's not trading off the fundamentals of what is the federal reserve doing with interest rates. Would the the be doing. And so because of that. It winds up being a lot. More volatile than traditional currencies that companies usually keep in store so if it winds up crashing. You know that's going to be a loss that tesla is going to have to write off a set an depreciation of the value of all the bitcoin that they bought in january that they're going have to deal with but same point. If it rises. That could be played for them. It's just you don't know quite what's going to happen. It's a larger. it's that many companies have been relatively conservative with how much they've added as of late
Tesla buys Bitcoin: Elon Musk's plunge into BTC
"I twenty four hours we've had since loss on. Look the biggest thing really to speak has been the involvement of tesla in tribe. Of course been talking tweeting. A i guess talking and tweeting Quite a bit about the Dosage pretty much about dodge With hashtag bitcoin as his twitter description. Of what you want to call it now. I'm market is currently sitting just shy of one point four trillion dollars. This is huge. It's huge for all of us. All of us that have been around for a wall. He's in for those of you. That are relatively new to this by. It's huge for you as well. This is the reason why she age. You've got it's six one white half a dozen the other whether he's the wealthiest man in the world next to jeff basil's. I couldn't give to hurts about that. The fact is you've got a rebel entrepreneur who is willing to put himself on the law. He sold pipe off. I think he's a hundred ten million and what he did was invested in the tesla and spice x and barred money inside on couches. Now this is sort of man that is not in anything for the money. This is a man who has a drive. he has a purpose. And after that i he is. He's kind of just want say something. You've never seen before. But certainly the level of entrepreneurship. I haven't seen before in my been rating books and being involved with a lot sorts of stuff. Since i was about fifteen years old when i read zig ziglar top was offered to me by my very first mental. And it's it's quite. It's quite an extraordinary thing as far as long consent to how somebody who is so different and so different. I guess it's not just about money. The guy puts it all on the line. He he he i mean. He smoked a joint. With joe rogan. I mean the guy. He's a rug. He's is mac villian. He does what he wants. He is the person the creek di really represents. All sorry hayes to his now become the person that he's a spokesperson he is. know bang. And it wasn't just because he bought does all. He talked diet and put hashtag bitcoin. It was because now. The tesla i look. Let's be honest about this Point five billion dollars of bitcoin. That's the mall when it comes to capital but if you dig a little bit deeper and you start rain in between the law ends of how long he's been talking about cryptocurrency and how he's involved with non himself i assure you i'm sure he's involved wrestling. But with tesla sought on one unravel that a little bit now show Some studies going to accept bitcoin. And if you can see what lamborghini days when you know in two thousand and seventeen where land beginning saw accept. Bitcoin is pilot for the motor vehicles. That mccain win lamb by you know. There's always named saddam about lamborghinis. Lamborghini didn't back bitcoin that he's accepted. You're going on mosque now. Who has not accepted it. But he hasn't accepted yet but he's backed it by going into now. There will be a time. I am fairly sure of where any touchstone believe. I haven't read everything about it. I caught the busy day where they'll accept bitcoin and at time you gotta think about. What is the community. Give the community gives back to those at help the community gripe and i think it's an absolute bloody moss strike because as this new you know parade on the finance and whatnot comes around. I forget the taxi high tells them what not hide airbnb only different places the So try to fought against Progressional spurs part of this put. The banks don't like bitcoin and it's because the bank's can saving obviously threat to to their empire. You're gonna moscow's out there doing his thing and there's a lot a big millionaires billionaires that have been created three bitcoin cryptocurrency if he's going to accept bitcoin as a method of pilot. Then i think it's an absolute buddy. Moss destroyed for him to put one point five billion in to tuzla in in bitcoin. I'm and maybe he'll go more possible trends. I'm sure he certainly thinking about on the dan if he's not but that one point five billion he's already put in would probably you know what he'll pick up if he accepts. Bitcoin will be far more than one. Point five billion dollars in sales now whether you look at him as the master of you know the universal massive pot of cryptocurrency. Now it's just a smart
Tesla Buys $1.5 Billion in Bitcoin
"I i figured we would mention what seems to be taking over the internet. As far as fans of crypto currency anyway and that is that tesla has purchased one point. Five billion dollars worth of bitcoin and plans to accept bitcoin for its products. And this is bitcoin legs. -i it this says. Btc specifically this is from bitcoin dot com. And that's it says plans to accept. Btc for products. I would have to imagine at some point. He will expand that. But i think i would guess for something like a tesla vehicle that you know the amount you're gonna pay for one of those makes things like the The fees sort of it. Oh okay that's reasonable. If you're going to spend forty thousand on up on a vehicle you know the network fee the transaction fees. You know as high as they get. Sometimes when bill clinton's flying it what is it today. Forty thousand dollars thirty eight. I think it went up to forty four thousand dollars today setting a new record high bounce. It came back down. It was at thirty eight now. It's i think it's back up around. Forty three forty fives has spent. I think forty three most of the day which of course means that the transaction fees are higher. It's gonna cost you more than network is busier now because you more but i would imagine buying something like a tesla vehicle a little bit of extra fee for that type of a purchase. Is it gonna make much of a difference to somebody in that market. But i don't know. I mean play things for the rich. Don't hurt but i don't think it was saito she's primary
Bitcoin prices soar as Tesla says it bought $1.5 billion worth
"Your elon. Musk bought one point. Five billion dollars worth of cryptocurrency. It didn't make the news thing today. But i saw that on some newsflash on my phone today. I wanted to load that. Because i see if i can find it but one point five billion dollars in cryptocurrency and see if i can find it. Yeah a filing this main. A tesla's bought one point. Five billion worth of bitcoin said will start accepting. Bitcoin is a payment method for its products in the future. That's crazy
Bitcoin prices soar as Tesla says it bought $1.5 billion worth
"I figured we would mention what seems to be taking over the internet as far as Fans of cryptocurrency. Anyway and that is that tesla has purchased one point five billion dollars worth of bitcoin and plans to accept bitcoin for its products. And this is bitcoin legacy it this says. Btc specifically this is from bitcoin dot com. And that's it says plans to accept. Btc for products. I would have to imagine at some point. He will expand that. But i don't think i would guess for something like a tesla vehicle that you know the amount you're gonna pay for one of those makes things like the fees sort of it know okay. That's reasonable if you're going to spend you know forty thousand on up on a vehicle you know the network feed the transaction fees as high as they get sometimes when bitcoins flying it. What is it today. Forty thousand dollars thirty eight. I think it went up to forty four thousand dollars today. Setting a new record high right. If it came back down is at thirty eight and now it's i think it's back up to around forty three forty five. It's been i think forty three most of the day which of course means that transaction fees are higher. It's gonna you more than network is busier now. Cost you more. But i would imagine buying something. Like a tesla vehicle a little bit of extra fee for that type of purchases. It gonna make much of a difference to somebody in that market. But i mean play things for the rich. Don't hurt but i don't think it was Saotome she's primary concern the publicity listed. I'm sorry the publicly listed from tesla has announced in a securities and exchange commission form ten k filing that the company has purchased one point. Five billion dollars worth of bitcoin.
Bitcoin prices soar as Tesla says it bought $1.5 billion worth
"Did announce it would begin accepting bitcoin from customers quote subject to applicable laws and initially on a limited basis and quote according to a us securities and exchange commission filed. Monday tesla also bought one point. Five billion dollars in bitcoin which the company says will offer more flexibility to further diversify and maximize returns on. Its cash
Jeff Bezos Exits as CEO, but His Role at Amazon Will Likely Be Little Changed
"Let's get onto jeff. Bazo stepping aside amazon. Ceo sixty-seven he's going to have a good life. He's been kind of executive chairman for a while. People say you read that that. No one's really ever seen him at the seattle campus and they're not sure if they've ever really seen him there. He's going to become executive chairman of the board. He's a steady intends to focus energy on new products and early initiatives. The company's top cloud executive andy jazzy. No relation to hugh. I'm told he's going to take over the ceo role in the third quarter. Thank you for being here. Becky i at least get you get you once in a while. You remember bart simpson. It took me a second. Yes a second calls the bar. He calls with the bar and says it. Could i speak to this jet huge jazz. You jazz ivana tinkle. There's other ones anyway. But we digress meantime amazon. This amanda this this is this is andy jazzy. Not not hugh jazz meantime. Amazon's earnings a fourteen zero nine beat estimates of seven. Twenty-three a share. That's easy to say that fourteen zero nine beat estimates of seven. Twenty-three the atmos community the they need to go back to their spreadsheets. Revenue of one hundred twenty five billion dollars also beat estimates and it marked the first time amazon's revenue exceeded one hundred billion dollars in a quarter. That's also easy to say but hard to fathom revenue exceeded one hundred billion dollars walmart. And i it didn't just exceed one hundred billion dollars and a quarter it exceeded one hundred and twenty five billion so it was the first time they'd gone over one hundred billion and they they didn't just like step over the line they like smacked it out of the park right. Even in a non holiday quarter. They're expecting a hundred to one hundred six billion dollars in the first quarter. That is a slowdown obviously sequentially from the fourth quarter of at thirty three percent higher than the same quarter a year ago. I saw that yesterday. And i have to say my chen kind of literally fell open when i was reading the headlines about it then i read bazo says note and his letter about why he's doing it and i get it and it makes sense and you mentioned that you know he's been out there doing other things for a while. Maybe not a huge surprise except for that. He's not going to be completely disconnected. He still gets to be involved with the whole thing but he gets to do what he wants to make. Sure there are other people. They're recognizing that they're running a lot of the day to day operations and stuff. But i mean it's a great job you said he's going to have a great life. He already has a great life. This is he gets to do what he wants to do. Laying out in that letter. Why he was doing it and all the things they've accomplished. I forgot about things like one click shopping. That was such a big deal when they actually did that. I think that was before. Two thousand because i think about i wrote about it for the wall street journal and that was such a revolutionary idea and now we think of it as being nothing and he said. That's the best thing that you can possibly hope for. Is that people yawn at your innovation because they become so commonplace. They've done so many things along the way the focus on customers what they've done with the cloud. I mean they've done so many things along the way and i was amazed blown away reading just his quick list of some of the things. He's proud about some of their accomplishments. Because i'd forgotten about some of them
Suddenly, The MAX Is Boeings Good News
"On january the twenty. Seventh europe's jasa became the latest regulator to lift. Its flight ban on the boeing seven. Three seven max. If only the day had ended there but boeing still had report is full year earnings for twenty twenty and they weren't pretty. The company reported its largest annual loss. Ever nearly twelve billion dollars. It took a six point. Five billion dollar pretax charge on the triple seven x program and push that aircraft's first deliveries back another year too late. Twenty twenty three because of the need for late modification. To the aircraft's flight control system. Meanwhile quality issues forced boeing to pause deliveries of the seven eight seven and the cash. They bring in ironically the companies brightest news. Maybe the return to service of the max and ramp up of production and deliveries joining me to unpack. All of this are three. Aviation week editors guy. Norris who recently visited boeing triple seven x flight test program in seattle sean broaddrick who extensively about the max and seven eight seven and jens flottau the leader of our commercial aviation team guy. Let's start with you. Is it safe to say that you were fairly stunned by this news about the triple. Seven x after hearing from program leaders just a month ago that the certification effort was on track. Thanks joe stunned is probably pretty accurate word. I would say you know having been there. I was looking face to face with with the team. There was sitting in the flight deck and this is only a month just over a month ago. Really six weeks. Maybe through is not the faintest hints that this was coming down the track. I certainly got the feeling that we wasn't just as i was stunned by this. I got a feeling that a lot. Of the even the company boeing themselves. Let's just get the feeling this really come out of left field a little bit so just to put people in perspective. We don't actually at this as we're recording this podcast. We don't yet know the some of the specifics involved and we don't also know whether The ramifications of whatever's happening with this modification how it will impact the timing of the proposed beginning of the certification flight test program now just to remind our listeners. This was due to happen Virtually any day now under the schedule that we were talking about in december. Where the faa what grant type inspection authorisation to boeing to begin building credit towards certification with flight testing. Remember the aircraft has been flying for a year. now was four in the flight. Test program So you know the the the verge now getting to that point that would mark the final brolin towards certification and entered service. So just now twenty four hours ago. All of that changed. We don't know yet whether the tiaa started that stopped or delayed we're presuming it probably well but at this moment we don't know so anyway. What's going on. Well we know that Boeing is basically saying what Dave calhoun boeing. Ceo said yesterday was essentially that There's to be some modifications to the actuation system of the flight. Control system particularly. He said firmware and hardware changes to the actuator control electronics. And he said that reflected our current judgement of global regulators compliance expectations. So does that actually mean well Digging a little bit deeper we understand that somebody has raised concerns about the potential for single points of failure in the in the in the flight control system. We're not sure if it means changes to the flight control electronics unit which actually manages the surface actuators through a series of remote electronic units or whether it actually applies to the physical actuators themselves as far as we know the all commonly provided by the same company japan. So anyway that's in a nutshell where we are with with what we know so far and i think it's pretty fair to say guy that they wouldn't have had you out there for all those extensive briefings if they knew things were going to turn south. So this obviously was a big surprise to boeing as well. Yeah absolutely joe. i think you know. Let's not be fooled here. Companies like to sometimes keep things to themselves when it suits them of course But i think in this era of trend you know. They're trying to be more transparent and i literally. I don't think anybody at the time of our meeting. Saw this coming down the track so very disturbing of course for them. The only thing is no. No yen's is going to speak to this a little bit more in a second. But you know looking. They've also indicated oversee. The impact of covid continues. This is built into their new expectation of deliveries. Now by the end of twenty three. And you know quite frankly They've been talking to the customers as well about as and and we should say that. So so they so they know that you know the market itself is not really ready to take this aircraft
How to Create a Safety Net For Your Business
"I decided to do this lesson today. Because i hear from so many entrepreneurs about the stresses of running a business. The stresses of the unknown the stresses of the market whether it's a market crash or a pandemic or in some cases in some places in the world war these things can affect economies can affect your market can affect your business for an indefinite amount of time. You don't know how long that slumps gonna last. When covid started people thought. Oh this is going to be all done and dusted in a couple of months for good year in and people still don't know how long this is going to affect our lives and of course our businesses. So what you do when the inevitable will happen for talk about change things will change around your business in your environment in your market. One of the best things you can do to set yourself up to have that safety. Net is to make sure you have healthy profit margins. I know sounds very obvious. But this is just the first step. And he's gonna allow you to feel a little bit more comfortable. You should be working on building a war chest of funds for your business. This is not just for a rainy day. But it allows you to have a fallback something that you can use to pivot in your business just in case you have to reinvent yourself. This is what apple is so powerful. They have over two hundred and forty five billion dollars in cash in the bank. Why do you think. Apple doesn't just reinvest that money to make more money to build more products to hire more people. Will they know this rule. You have to have a safety net. Even apple is not totally immune to the things that can happen to them. Now i'm not asking you to have two hundred forty five billion dollars in the bank but the healthier margins the more likelihood you'll be able to have some cash reserves if you're self funded business a two one ratio should be your minimum meaning for every dollar you spend. You should be making to that means at the end of the month. You should be making double what you spent that month. Which means you have the equivalent of what you spent that month in cash. Leftover that you can put in the bank and safe now. Of course that's going to be counted as a prophet come tax time but your corporate tax are going to be a lot less than your income tax than if you just pocketed the money now. Having cash reserves is not as good. Because you can use that cash. If you need to create a new product to pivot you need to change but also by having some surplus having some cash in the bank Lenders are so so more likely to give you a line of credit. That will extend your runway that will extend your likelihood to be able to reinvent yourself like we say money is the oxygen of any business so the more of an extra reserved tank. You have of oxygen the better because things might be going well right now and they could go better but they could go worse to gotta plan for those rainy days or months or even years. Sometimes sometimes abysses can take a slump and then come back. It could be the market. It could be the fact that they're still doing. Research and technology is not there yet but it will be a couple of years. It could be that. They took a hit on their brand. And then you some time to recuperate. So that's the finances okay. But that's not all there are other liabilities in your business that you may not be aware of like the people that you work with the people that you hire. What's your safety net. What's your backup plan. If your top engineer leaves you or decide to retire what do you do if your best copywriter decides to part ways or your social media marketer Decides to work for different company. Can't be seen a panic and you can't allow your systems or your business to just totally stop doing. What only does because somebody's leaving. This is why systems are so important in a business when you're building a business or building a set of systems and you want to document these systems in what we call. Soap's standard operating procedures is literally. Google docs writing out exactly how to do. Every task in your business and the person who does every role so say for example the customer service manager in your accompany their job other than being the customer service manager is creating an sap for their job. This is gold. This is one of the biggest assets you can build your business because that way everybody can live and breathe comfortably. Why because save for example somebody in our company leaves. You have a playbook to give somebody new and say hey. This is how you do your job. This is what was done Before this is what your predecessor was responsible for in this. How did it so building and soap's in your business creates a layer of safety just in case something happens and by the way something will happen. People will leave your business. This is the nature of employment people. Move on next if you can afford it especially in the most critical positions in your business have some redundancy so for example if you're in the service industry and you service people on the phone then is a good idea to have more than one. Customer service agent right. Just get somebody leaves you. You don't have any agents left. You have a few backup right. You have people that are trained up and can do the job. They might have to do some extra hours. But you're not left high and dry if you're running a software company. He's redundancy in the engineering department. This creates a safety net okay. You're don't lose nights of sleep if somebody leaves your company next. Is your critical tools. Have some redundancy with your tools. And i'm talking about just the major once. You don't actually have to buy these tools to have the research and know what's available so if you need to switch out you know exactly where we're going. What are your backup tools. What's your backup website servers. What's your backup domain name registrar. What's your backup payment processor. If you have to change things around if you have to swap out which ones are they just going to be a list people that you've already vetted you don't have to do any homework afterwards when switch. You're ready to go.
GameStop Stock Soars as Reddit Investors Take On Wall Street Bets
"Stop the video game retailer. Stock has rallied over six hundred eighty percent this month and in the last couple of days the stocks volatility has pretty much everyone talking. So what's going on. First of all game stop is for the average mall going consumer dying brand a relic of simpler times when we used to have to physically go to the store and wait in line for the newest call of duty or for the latest harry potter book. So it's no surprise. That game stop has been a target for wall street shortsellers its demise has been foregone conclusion. So short and game stop. That is betting that game stop would continue to. Depreciate could have been a good bet except short-selling is risky and your losses if you lose that bad or basically limitless since there's no cap on how valuable the company has bet against could become so even riskier if stock you've shorted starts going up. You can essentially cut your losses without getting too in the weeds market mechanics here. When a lot of short seller's designed to cut their losses on a shorted stock. That's now suddenly going up it triggers. What's called a short squeeze. Demand goes up. Supply goes down. Price goes up more shortsellers. Try to cut their losses. It's a vicious cycle and one that can result in massive losses for their shortsellers and giant prophets for those who've invested in the stock on the way up which is when a popular reddit. Forum called wall street bets figured out that game stop was the most shorted stock in the us markets. It wasn't hard to convince reddit users in the forum to buy up enough stock in game. Stop to trigger that short squeeze making retail investors of bundle and sticking it to the wall street big guys in the process. This was all encouraged in many ways by high profile investors with a hefty social media presence. Jamaa only petia tweeted that he'd bet on the stock increasing himself cameron winkle voss of the winkle vi- suggested he might go along on the stock and must only tweeted that he was aware of the situation just aware of the situation in game. Stop took off again. In after hours. Trading and to wall street bets credit. The plan worked amid game. Stops rally shortsellers on wall. Street have accumulated over five billion dollars in losses year to date and that includes nine hundred million loss on monday and one point six billion lost on friday. As you're about to hear hedge fund. Melvin capital took an enormous loss on the bet so much so that rumors of bankruptcy were swirling on that wall street. Bet sub reddit. But the founder of melvin told our own andrew ross sorkin. The rumors aren't true. Here's andrew now some breaking news this morning on this game stop story. We've been reporting all morning. Having talked to gay. Plock into runs. Melvin capital gay. Plotkin saying that. Melvin capital has been out closed out its position in the stock force. That company was Firm i should say with short looks like lost a ton of money but short that company up through Before the end of the close yesterday but Gabe saying that They got out yesterday afternoon. Of course the question is what happens now. Game stop a game. Stop shares Melvin capital had to take in an additional close to three billion dollars in new capital citadel. Coming to the rescue along with point seventy two. This is a remarkable saga With game stop so many of these investors no really no longer really investing on the fundamentals of what's happening against up but more just continue to push up the stock and we've seen so many folks like you on musk. Go take to twitter about it. Chihua- polly fanning the flames. So there's a lot of fan fan. Flame fanning taking place right now big questions about regulators where they are what they should be doing a lot of criticism and critique online as saying that if you think manipulation what do you think wall street is doing everyday to us the retail investors so. There's a sort of a pop psychology dynamic at play. And i think we're all we're all learning and try and understand what it means but also what it means in the future for the ability of retail investors to get together on places like read it and other places Form an army of sorts and try to push up The stocks in in certain cases like this. So i'm at a loss for words. Joe i really am where are the regulators and is this just the beginning situation. We all do have a lot to say on this but you you obviously have a lot to san. That's interesting but obviously the plane with the calls. And you're you're seeing calls that are one hundred dollars out of the money going for nineteen dollars and things that you've got markups going from two billion to twenty five billion. Obviously everything you're saying we understand. This is this is a game obviously and these guys. When i put five dollars on a ncaa game that. I don't care that much about that's the same as jemaah putting a couple of hundred grand on some calls or lan or any of the guys were talking about this. I think it's kind of responsible. The kind of laughing about it laughing all the way to the bank. But you know there are market makers that have to take. How'd you like to be short some of these calls. Can you imagine being short some of these calls. Especially if you're not covering i mean you can lose. You can lose ten times your money. Unlike a regular investment where only lose one hundred percent. I mean this this this makes this makes bitcoin look like t-bills if you think there's speculation and crypto when you when you look at something like and now they're looking for the next mark right they'll find another game stop once they're done with game stop but in the meantime there's gonna be blood all over understand why i understand why elon musk is doing it. He hates the shorts. They've you know he's right. Thinks it's a game where he's playing a game to understand he's playing the game too. I don't understand why tomatoes doing this. I don't understand why the winkle loss guys doing this. I mean this is i. It's nothing about me. Said too much money it and if you if you think people look unkindly at the wealthy at this point like wait till you see what happens with with the retail investor who gets sucked into thing and gets caught in the trap with who can't afford to lose the money like these guys are doing. I'll tell you the thing there. There really is a merry band of retail investors. Out there both already but increasingly and this is what i think even more concerning i spent a lotta time night reporting this out but also spending time on the in some of these rooms there are places people are going out into encrypted rooms onto telegram onto signal where they where they effectively are planning their next raid. Where they're trying to look to say. Okay where can we do. You know who can we take down next. In this case it was capital that they were seeking to take down. That's why i think the news today that they're out maybe potentially a turning point. I don't know. I don't. I don't know what turns this stock back into some kind of a normal
What's on Your Life Resume
"All right. Let's strip it down. Die right in as alita whether you're a ceo someone in the c. Suite a sales leader or leader in any capacity in a marketplace where everyone from entry level to see is changing jobs and careers faster than every point in history. We better have a great resume. But i you actually focusing on the right things and what does it take to build a resume that is relevant in order to in order to make the impact you one of make. Well stay tuned because you're bound to find out our guest on this episode is jesse iceland. Jesse is one of the most impressive resumes out there. He started the world's first private jet company. Machi jets became the world's largest private jet cod company with a five billion dollar come consummate sales prior to the acquisition by warren buffett's company. He has partnered him and his sold zico. Coconut water to coca cola. Here's the number one bestselling author of living with a seal and his latest book living with the monks. He's run a hundred miles nonstop and he's passion for football is made him one of the owners of the atlanta hawks so he and on top of all that. If there's no pressure enough he's also the data four and he's married to the spank founder. Sara blakely why isn gentlemen put your hands together a welcome to have your make took a while to get this to happen them. Really happy that you're with us. Thank you thank. You think it'll be man appreciate you have miat. It's an absolute pleasure. Now you are a guy who has to say has lived outside of the box is a is a gross understatement on through also speaker endurance athlete. You even a rapa. Most people probably wouldn't even know that because they're probably too young to know that you've done all that and at the same time one of the things you know what i speak about is being an authentic leader and one of the things that i've watched as i've watched over your history over all those years is changing. Hack your change. The way addressed bit. But jesse seems to have stayed the same told to us about the poll and the pressure to be something else. Start marquis jets. You probably felt puerto of suit and tie stain staying authentic. Yeah i think one of the reasons by the successful marquis jet in these other ventures. I've been able to fight through that impulse to to be something out. Not so i've always stayed in my lane by lane get a little bit different a little unconventional unorthodox. But it's my lane. And that's where i'm most comfortable in and I've always been able to keep my own spirit throughout all my different journeys. I've worn a lot of different hats. But i never really conform been you know one of the early lessons. I learned as an entrepreneur is the importance of differentiation in You know bor- boring doesn't really work. Always tried to not just be myself in. Its works for me and I always. I'm always asking myself of how different. How different house might teach different. But it didn't authentic way too so going back in time because you know i read about you being a couch surfer with revolt on a spot. Oh the council along the way while really sort of looking for yourself. is that pre the rap days aura. That after that no stink between the ages of nineteen to twenty two. I slept on. I think eighteen different couches. My friends couches all the way trying to figure out. Exactly what that may looked like for me Trying to land on my feet at a lotta egg on my face early at a lot of egg on my face later on in my life. I've had some big wins but part of the journey is having lost. His two and i was lucky man. When i started out i started out in the music. Business no connections my father on the plumbing supply house and i lived in la. I got signed to a record label. I got dropped from the label. And i moved back to new york with two things on my resume i was a kiddie pool attendant and i was rapper. That was going to get a job on wall street. So i relied on friends to take me in until i kind of found my way so i never forgot that. I've never forgot the opportunity that was afforded to me about people believed in nate. Even when i had nothing was a big part of of what ultimately shaped me a lot of times in my journey even marquee before the five billion sales that you mentioned there are a lot of times where this is gonna work. I can't do this. I'm not qualified No aviation experience. We had no airplanes while we started and But through that young those early days of couch surfing as you like to call it it. The tremendous guilt adjustments medic grit. And that was probably the number. One is saying grits the number one indicator of future success. But for me. That was a big a big thing that never accurately man even now still had shot mentality. That never left me
"five billion dollars" Discussed on Bloomberg Radio New York
"Five billion dollars settlement the first record and I'm Susanna Palmer from Bloomberg world headquarters as we've been reporting PGA any Corp has reached a thirteen and a half billion dollars settlement with victims of wild fires ignited by its power lines as a major step toward resolving the biggest utility bankruptcy in U. S. history the settlement will cover claims stemming from some of the worst fires to hit northern California including the twenty seventeen wine country fires and the twenty eighteen camp fire the lan musk beat back a defamation claim from a British cave expert who sued the billionaire CEO over tweeting which mosque labeled Vernon uns worth of pito guy a federal jury in Los Angeles yesterday took about an hour to return a verdict of that said mosques insult fell short of defamation and it was not clear to whom the tweet was directed another up week for the US stock market we get the story on that from Bloomberg's Charlie Pellett two in a row for the S. and P. five hundred index up two tenths of one percent this week the Dow and nasdaq both declined by one tenth of one percent the S. and P. extended its advance into a third day after a report showed payrolls jumped two hundred sixty six thousand the most since January those wages beat estimates while consumer sentiment increased energy financial and industrial shares led gains in the S. and P. five hundred index which posted its biggest rally in five weeks Charlie Pellett Bloomberg radio Janssen biotech a unit.
"five billion dollars" Discussed on KNX 1070 NEWSRADIO
"Five billion dollars Craig figure can extend seventy newsradio there's a young German shepherd names beauty recovering an animal shelter have being dragged along side of vehicle and meet valley have abandoned in riverside county authorities looking for owner the dog fell or jumped from the back of a pickup truck late last month was pulled almost thirty yards spectators drivers were shouting and waving when sheriff's deputies question the driver said she hadn't realized what happened she was playing loud music we have pictures of beauty on our website K. in acts ten seventy dot com the man accused of stabbing for people to death in Orange County during a crime spree enters a plea the latest coming up at the bottom of the hour it's four twenty five traffic and weather together every ten minutes on the fives rusty by Subaru we have this brush fire in silmar right off the to ten years does menjadi indeed and it is making it that much worse getting into the a new hall pass visible from the five as well but there are traffic of locations on the two ten it's actually a secular and overhead it's got it's got one to ten west out of rock Sir they do have a right way blocked as well as the Rockford offramp looks like there periodically blocking a couple more lights on at two ten west about so that's the reason for the back up starting right around the one eighty freeway if you use the one eighteen west bound over to the north bound by that will definitely work for you just be advised what about five is going to be tough out of Sun Valley as you work your way up toward the hall passports that's like thirty four oh five birch big problems of the five by the Jack Abbott Bryant major injury crashed in a North five at the one thirty three so we still the three left lanes blocked include your carpel lane in the back up now it stands almost to El Toro so it's going to catch you by surprise it's a but I want to pass that more sawing ahead starting at Tustin ranch up to the crushing even south and it's caught your attention going to be a little slow now from San canyon and the secular for Orange County northbound fifty five of the four or five two right lanes taken away champ for the seventy three right hello great alternate into testing goes even beyond the crash it's on and off I heavy up towards the in ninety one and you know the eastbound ninety one into the Santa Ana can always one of the worst ways to try to get towards the weekend it is jammed from almost imperial highway getting to the two forty one of the fast track lanes have not been that great a getting around that Messi trip eastbound ninety one continues to suffer as well out of Compton the worst of it to Lakewood Boulevard is still going between the gas and brake pedal towards the five but police all lanes open right now at Subaru they believe in making the world a better place that's why they donate to causes they care about and that's why they created Subaru loves to care their commitment to a healthier community love it's what makes a Subaru a Subaru next reports of four thirty five with more traffic reports more often I'm does Machon the southern California Subaru retailers traffic center can extend seventy newsradio sunny and warm again couple degrees down cooling trends continue seventies eighties nineties for the weekend we keep going taken off another couple degrees for Saturday and Sunday below average.
"five billion dollars" Discussed on Marketing Over Coffee
"It was picked over two million followers on that lincoln account. We saw kinds the traffic from that so congratulations on getting that in there yeah that shadowed also goes to ashley's <unk> over top rank marketing. They're the folks. Were doing that campaign managing that campaign on behalf of lincoln so it was with their assistance that we will to draft this up. It's funny though and we. I think we did that like february. Just the nature of <unk> calendars a multi-billion dollar corporations with massive legal departments. It takes a while but thanks to trickle out. You know stuff doesn't just trump right away. It's nice to finally have something with a long tail like like that. You get to life and get out the door. That's that's a great thing and you so again. We thank them for their service. Before the show lincoln dot com slash mc going over there to grab your credit use. I use it for any projects you've gone on. He really appreciate their support of the show. So you had a bunch of data crunching it looking at youtube an instagram engagements what's going on there. The things that i've been experimenting with is is there some other some data points that would be useful to marketers that you could almost fully automate and make ak- part of a newsletter because one of the things you as a marketer show is doing. How can i continue to add value how can make newsletter so good that no one would dare skip it so there are a whole bunch of different. A._p._i.'s data sources out there in the when i was playing with this week was using both talk walker which is social media monitoring software and and then crowd tangle which is <hes> facebook's account level social media monitoring software pulling out a couple of different data points about what's working for youtube. We polled hold thirty three thousand five hundred ninety five videos that had more than one hundred views so that was the criteria has to have had at least a hundred views and had to have been published within the last asked seven days and said okay what of those videos what was the the median engagement rate and the media engagement rate was about thirty nine so thirty nine nine likes on a video of at least a one hundred views. The media number of us was nine hundred eighty one in that data set so that's pretty good when you think about it. It's you know the the folks who can get juicer getting the juice and that engagement rate is four point three nine percent which is astonishingly good so if you've got a hit <hes> it's gonna it's gonna deliver for at least in terms of engagement for instagram. We looked at instagram for brand pages. This crowd tangled and this was thirty one two thousand posts <hes> engagement there is a like or comment and that engagement for brands on paid posts was half a percent and <hes> for unpaid post. I was point four percent so the big takeaway there was that if you are if you've got the juice and you can make something happen on youtube at least in terms of engagement. It's you gotta have deliver ten x what instagram seems to be able to deliver these days yeah. That's crazy youtube so much more engaging way. We also have to shout out katie who won the analytics community contest you had asked everybody to place their bets back on tuesday to see who could hit that number and katie was closest at thirty one so she she has her finger on the pulse which that's totally expected of the ceo of the data science company to get on the market congrats to her. We'll have to get a a humana baseball baseball cap. I'll send up from the swag bag. Yeah i say if there are things that data points you would find useful and maybe not every week but you know may once a month to what happened on instagram or facebook for brand pages for b. two b. b. two c. <hes> let us know because a lot of this stuff is stuff that like okay how once the software is bill and it's running as ingesting data. It's not like a ten hour project just all the numbers. That's one of the reasons why we're doing it for a newsletter so defined i if there's something that you like oh gosh if only i could tell you how many clicks top performing headlines of the week were let us know and we'll see if it's feasible with my throat in the newsletter yeah and then i mean as far as actionable advice two hundred now. Is there any reason why someone would not start with youtube. Like why would you not start there as opposed you know i. It just seems like i will videos more work of course but i just think with ten x leverage. You'd videos gotta be an youtube. There's gotta be head of instagram yeah. You know it's interesting that people think of instagram is like we're all the people in conversation is but they forget that youtube is three things it is is a video platform but it is also a social network which people completely forget about <hes> until you read the comments. You realize most of humanity deserves. It's the second largest search engine on the planet. People forget that youtube busy search engine powered by google parent company and so in terms of your takeaways think think about the things that resonate on social because social network think about the things that people search for maybe do some predictive analytics on on what people are going to search for and then make make the video and put it up there and as long as it is useful or help all or entertaining. It's gonna do okay yeah run yeah and of course that's the phrase as you are. Your own worst critic then expunged youtube comments so that's when the world works these days exactly i would also. Let's say that if you're not cross pollinating you're missing an opportunity so one of the things that i do every week in my newsletter and i recommend everybody does in all of their social channels as well as let people know what else you like so schedule a bunch of tweets saying hey. I'm on lincoln here on facebook your arm on youtube here on instagram here. It doesn't have to be like every day but remind people that you are in more than one place and what they'll get if they go to places like if you subscribe to the youtube channel you'll get daily videos about this if subscribe to the blog you'll get this but that reminder will help. You build a little bit of insurance. If one platform just takes a nosedive facebook then you got a backup plan yeah yeah you're you're hedging your bets and spreading the audience out on multiple channels. That's definitely smart. Move to it to get you on track and keep you on track. I had a straight talking about twitter offering more context unavailable tweets deleted protected in muted. I thought that was just kind of interesting so you could kinda see what happened to the history of a tweet and i didn't have in the show notes but there was an interesting one last week i had seen about a very clear line between donald trump tweets i if view analyze the data there's the i._o._s. Tweets versus the ones that come from the android phone pretty obvious to see which one is the p._r. Team with the photographs in which one is the angry guy at night painfully obvious what's going on there which is kind of fun to see the data point that clearly what's going on. Oh totally you could actually it's interesting think of bunch of oats have done machine learning modelling with that content and when you use the two different language models you do get very different amish when you when you generate new tweets and things so it's ah that's true also of almost everybody unless you're the only person who has access to your twitter account if you've got if your corporation you're doing. You know you've got a p._r. Team liam an ad team in a social team and stuff. You can very very easily pick out whose voice who's right. I have some stuff about joost doing more podcast indexing a lot of stuff going on the ios tron. I have to catch up with that because there was an exploit that you had to patch and we had some weirdness with the the client site that we've been doing some stuff with we fix so i have to dig into that hopefully for next show. I'll have more going in on that also in the back pile. I had comments add. We talking about the general mills r._f._p. Which i think included hundred and twenty day terms as part of the deal just seems like the classic frog boiling beating on the vendor uh anything else surprise you out of that one the big one that a lot of agencies rightfully objected to is that anything you create for their pitch becomes. Was there intellectual property. So if you come up with a great idea they can take that idea and run with it and not pay you a dime which is a clean enter to have the intern right because you want the lowest value. All you ideas going into the pitch sitting sort of get ripped off. It's it's not a huge deal but that's one of those were the big agencies are like don't wanna touch it so they're gonna end up the oh. Someone will want that work because they want the logo on their powerpoint deck but it's definitely when you do stuff like that. You're not gonna get the best of the best yeah yeah you get what you pay for it. It's just funny. I had something in the town here. Somebody was talking about having a design contest for i am architectural stuff in the town and like oh yeah farmed out to people who are willing to do it for free. That's definitely definitely the working to get some good stuff with that. Our town ends up looking like willy wonka factory. I'll know where that came from. I would love for everybody who is a creative role in your company to print out. Mike lipton's quote hang everywhere in your office his great quote which i have to remind myself how frequently which is i would do this for free but i make you pay so you understand the value of what you're receiving yeah. We tend to forget that we love what we're doing and so you make it too easy for it to be sold cheaply and yeah and then hopefully you always get to that prime real estate where you need the price there air because you've got too many people interested in what you've got going on and he needs something to separate the demand and get them queued up so hopefully we can help you get to the point where you have to deal with that and in fact if you need help getting on task to get there you can accomplish more every day with omni focus. You can check the professional to do list manager at omni focus dot com tom..
"five billion dollars" Discussed on Marketing Over Coffee
"And good morning welcome to marketing over coffee. I'm john wall bresser ben and in the heart heard of the summer here. I just have to say facebook having to pay five billion dollars in fines for what has gone down. I don't know it's just amazing to me such a huge chunk of money and then the other thing that was insane. Was you just threw me this article about facebook looking at a brain interface where you could type with your mind. It's just which i can't make this stuff up. It's just yeah. I five billion dollars. I mean when you look at them. As a company is not that big a deal the thing thing that's interesting to me about the brain interface stuff is that if you've ever done or tried to do any voice recognition <hes> where you speak into an app but it transcribes mealtime you realize just how scattered and unfocused your speeches now. Try to imagine what would come out of your brain typing hyping wise if you're directly connected to thoughts because we know most people's minds mine included are not that focused so can you only imagine the stuff. It's gonna yeah. I mean not to geek out too much but like i always remember the character of troy on star trek. Who could read reminds. I was like oh my god. I never would wanna run into that. Can you imagine somebody that can read your mind as you walk in the room. You're just like it's just such a bag of disaster can't believe leave it would work there have been some actual toys as some star wars toys where you can use your mind control this or that and yet it seems seems more kind of like alternative interface of muscle control. You know it's more like controlling muscles around your head. It's not as if you're projecting your mind out there to do things so i don't know maybe we can get a test version of the i guess. As much as i think it's hilarious you know literally the tin foil hat crowd worrying about mind control but it still would be kinda cool to see if it works and how it works so we'll keep an eye on that yeah. I don't even know where to go with all right so related with the machines coming to take our jobs chase using a i to generate copy for ads so you know people have always said while operating will never go away in here's chase doing something on that this no surprise to you of course no matter what so ever so they're using a relatively straight form of natural language processing to build and test subject lines for a lot of their marketing and when you look at the way they're doing it. They're actually using vendors do it and and what it is at the vendors doing this is not cutting edge stuff. This is pretty well tests and stuff. That's probably about four or five years old right now but they're finding <unk> outperforming their humans so there's definitely a clear trend for what i would classify as relatively low value creative work being easily outsourced to a machine and what they're doing. This is the part of the fascinates me what they're doing again is is relatively low tech in the sense of it's it's. It's not a very advanced machine learning. It doesn't have to be for this use case but if you were ambitious enough if and and skilled enough you could take the idea of what they're doing and kick it up like a hundred notches with what's available on the market today so for example. If you were to take all the the library subject lines you have or or something very similar to that and feed it to something like opening is g._p. To you could do that like today generate some pretty incredible stuff. I was doing this recently with <hes> with g._p. To with <hes> twitter chat questions i took the all the questions from content chat and sam rush rush chattanooga all the major <hes> twitter chats and i fed that in an i said okay. I want you to generate new chat questions and it came up with a couple of thousand. They were really good like reading going. <hes> these are questions that i could legitimately somebody asking and you would get decent answers from them. Yet actually works in. It runs on it as far as this stuff being done. This is one of those things i've never met anyone. That's actually doing this work. That didn't hate to do it. You know this is not writing the the great american novel. This is some of the most painful copywriting you can do to staying within word count and trying to get on the mark so yeah i think most people will be very happy to build the roll this concept of and the other thing is you can spend more time focusing on you know what is actually the offer as opposed to the sixty five different ways to word it and bidding strategies reason other things in managing the software that does this which is all fulltime job. Now is some of the you know. Programmatic systems are so complicated yeah plenty more to do well. This is yeah. There's there's a lot going went on with that makes me think we should do like a like a special hang out of something like may at the next a conference. Were all at grab some folks head to the bar fire of g._p. To and and a libraries from kind of like show an example of just how easy it is to do because if you think about subject lines and things that are not like a huge data set you'd you'd get a couple of thousand of them just from any any major reputable data system and fire of g._p. To gluco lab and after by probably by the second round of drinks has on the work of oh well heck first week in september. I don't think there's anything going on that week. It'd be perfect time for so if you did not detect the note of sarcasm is just insane. There's inbound content marketing world. There's a big magenta has got their thing going on that same week so that all this crazy stuff going on so yeah a chance for us to catch up though if you're going to be at any of those shows be sure to give the album a lot going on there. Would we just have to passer moment to wanna think linked within marketing solutions for their support of marketing over coffee. What if you could reach the right professionals the right way imagine the best place for marketers place where you stand out against a backdrop of standup brands a place that has exactly the people. You're looking for and even better. They're looking.
"five billion dollars" Discussed on KOA 850 AM
"He wants five billion dollars to build some antiquated. Medieval wall that he said Mexico would pay more in the white House Rose Garden. The president responded the walls. We are building are not medieval walls, they are smart walls designed to meet the needs of frontline border agents. Senator Bennett has tweeted a response saying if you don't like the word medieval to describe your wall how about ineffective wasteful offensive and unpopular Jerry bell KOA NewsRadio governor Jared polos visiting two elementary schools, El Paso county on Friday as he Rams up his campaign to fund free full day kindergarten in Colorado. He tells KOA NewsRadio that full day kindergarten can set the tone for. For a student's future. There's an enormous difference between a first grader Nestor first full day in school and one who's had full day kindergarten, even preschool, and and those those differences that gap is just harder to dress in third grade and fifth grade and seven hundred eight polls will testify about his kindergarten plans before the legislature this next week. He was an internet stalker who victimized at least four people in Colorado, including a female student at CU airboats, Minnesota has been sentenced to more than fourteen years in prison. He threatened to kill his you victim posted pictures of her face on porn websites where he also listed her. Actual contact information. Westminster fired fire say the two kids did the right thing when they called for help after their dog fell through an icy pond near Carol butts park Friday morning instead of trying to rescue their dog themselves, the kids stayed calm, and they contacted the Westminster fire department our next update at three thirty. I'm Roger Hudson on KOA NewsRadio eight fifty AM and ninety four. FM? Couple of new crashes to reports best ones onto seventy westbound. I seventy six and the second one thousand nine hundred five southbound at Alameda neither of them causing any backups, but please do chat. Freddie. Emergency crews outside of that is Lindsay five. I seventy I two.
"five billion dollars" Discussed on WCBM 680 AM
"Radio six eighty w and to Mike and Mike. Good morning and thanks so much for hanging on good morning. Bruce. I want her to talk about the wall. The house of representatives passed the budget Bill, including five billion dollars to the Trump wants for the wall. Yep. That's it over to the Senate last time, I checked they have fifty one Republican senators, correct? If they get rid of the filibuster. We won't need sixty votes in the Senate will I need fifty. Well, actually, I don't know why they just don't do this first of all the whole filibuster thing. This is a Senate rule. They decide the rules and among the rules in the Senate is one that says in any single legislative day legislative day can be five minutes as it was the other day their own session for five minutes or less, and that was the day or it can be as long as you choose a legislative day to be in any single legislative day. Each Senator must have to opera -tunities to speak on a given issue or given Bill after which you have no filibuster. Everybody's had their say all they have to do is say this is a legislative day, and we're going to vote on this at the end of this legislative day. No matter how many hours long that day is each democrat Senator has the opportunity to speak for as long as he or she wants twice, and then it's done and. And this is in the rules of the Senate Republicans don't simply say, look, we're going to actually do this. You guys want to filibuster fine each if he gets to talk twice, and then we're voting and they can do it with this Senate. They can do with the Senate that comes into office on the third of what they have the ability to do it Mike without any further changes by saying going by the rules of the Senate. This is the way it's gonna work out. Okay. Now, you're correct about that. But here's my point. I want to flush out all the rhino senators. Mitch.
"five billion dollars" Discussed on Newsradio 700 WLW
"Peach bowl is underway Florida in Michigan scoreless down in Atlanta. And then of course, we've talked about the college football semi-final games later on this afternoon. But coming up on New Year's day is the Rose Bowl Washington against Ohio State and has the luster come off the Ohio State season, simply because they're not in the final four or do other storylines Trump that we'll check in with our buddy, Dan hope from eleven warriors dot com next on seven hundred w l w. Traffic and weather. News Radio seven hundred w ELL Cincinnati. They won't take half of the money with the twelve thirty report. I'm Sean Gallagher. Breaking now, President Trump has come down on the amount of money. He wants for his border wall instead of five billion dollars. The president is willing to accept half of that. But Democrats who said they will provide funding for reported security are still against his wall. Trump is even threatened to close the entire southern border. If he doesn't get the funding forest wall, which ABC's chief political analyst, Matthew Dowd, finds hollow. I don't think it's a real threat. First of all, it's it many treaties. This would be a violation of any treaties for him to do something like that it would be a violation of the NAFTA agreement that he signed noticed. No new discussions are expected going into the new year debate over a budget to fund the government might be my come after the new congress takes office on January third. Now, the latest, traffic and weather together. There.
"five billion dollars" Discussed on NewsRadio KFBK
"Five billion dollar mega millions jackpot has still not stepped forward. More than two months after the ticket was sold in South Carolina. The winning ticket was sold in the town of Simpson Bill the numbers were announced on October twenty third and as of last week. The winner has not come forward to claim their prize, which is left lottery officials kind of baffled if the prizes not claimed the jackpot will be returned to the forty four states that participate in the lottery, South Carolina. We'll get a payday of eleven point two million which will be used for the state's educational fund. The state reported that the winner has a total of one hundred and eighty days to claim the money, according to state law and the countdown. Starts from when the winning numbers are announced. Wow. One point five billion dollars. And they haven't stepped forward yet. Maybe they're gonna wait until the last moment in a moment. An incredible story ally too big to fail. Lease appeased joins us on coast to coast AM. Julie Leslie COO to Howard group. Oscar was my fourth interview for director of operations. It was overwhelming running the day to day and being the CEO as well. So I posted the job on Lincoln his profile was impressive. But what really connected with me was how passionate Oscar was about something as logical as operations. We started discussing. Excel that led to process flows databases agile development when the interview became a geek out session. I knew we had to hire him..
"five billion dollars" Discussed on WCBS Newsradio 880
"President's five billion dollar demand for a steel slat barrier on the southern border CBS news, White House correspondent major Garrett. Also in Washington, another major presidential staffing or firing announcement, by way of Twitter, Mr. Trump revealing that outgoing Defense Secretary Jim Mattis will not have his planned two months to go out. He's got days after a resignation letter critical of the president's suddenly shifting policy on Syria. Madison's number two will now become an acting number one at New Year's Shanahan does not have the same level of depth of experience of studying the region over forty years in uniform of conflict studying how the United States gets along with its allies. What it needs to do who are adversaries are all of the things to General Mattis mentioned in his statement of resignation news military analyst, Michael lions and now to East Asia to Indonesia. Asia hit once again by deadly soon. Army it killed more than two hundred eighty people at least a thousand others are hurt. Those casualty figures expected to go higher. The BBC's Rebecca Hench skis on relative speed. Authorities have been able to bring in health work as emergency equipment in order to help people with yet another disaster in Indonesia, which was the site of the world's worst soon. Nami tragedy about a decade and a half ago. Unclear what prompted what Treasury Secretary Steve Mnuchin tweeted Sunday just spoken with the CEO's of the six largest banks in the US Mnuchin saying he was reassured about the health of those banks in the midst of the recent big, Wall Street, sell-off birdie, LIZA, Bank, and monetary policy consultant concern is that the more. They talk about this. The more it suggested maybe there are problems. And that's why the markets will get rattled by this as usual much last minute shopping before Christmas, David Newton was doing it in San Francisco. But.
"five billion dollars" Discussed on WRVA
"Okay. So what the weight is the house is going to add an amendment to they continuing resolution. The amendment will specify a five billion dollar expenditure for the border wall. That's what they're gonna do. So that's even better news. It's not going to be some verbal resolution or trick. They're actually they're going to try to pass this has to pass the house and keep sharp by on this. I mean, this I'm I'm not trying to drop cold water on everything. This is every step of the way here has been fantastic. And it's worth standing up and cheering, but the house now has to go the Republicans still run the house. And that's why this has to be done now to put this off until February is absurd when Nancy Pelosi and the rest of her crowd run the place. It's it's impossible. Then. So they're going to try to pass an amendment five billion dollar amendment for border wall. Then it'll go to the turtle over to Mitch McConnell in the Senate. And then they deal with it. And then if it doesn't survive either place if this same Bill would know five billion dollars goes back to Trump. He's on record as having said is going to veto it. If it doesn't have funding for a wall, I e border security is going to veto it. Here's a statement from Sarah Huckabee Sanders, President Trump just met with Republican members of the house. We protect nations all over the world, but Democrats are unwilling to protect our nation. We urgently need funding for border security, and that includes a wall now to the audio soundbites Paul Ryan, this was outside the White House after the meeting with the president. We just had a very long production meeting with the president..
"five billion dollars" Discussed on 10 10 WINS
"On five billion dollars for a wall has been the biggest obstacle to keeping the government open past Friday the house finally pared down its request. But the Democrats are having none of it Schumer says they will support McConnell's continuing resolution. A federal government could start regulating sports betting nationwide. Under a new Bill being introduced by Schumer and Republican Senator Orrin Hatch. Bill would have the Justice department set minimum standards that all states must meet in order to offer sports betting. The Bill would also require that sports betting operators use data provided or licensed by sports leagues. The eight states that already allow the practice can carry on while the Justice department evaluates the law. The Senate in a bipartisan move is passed a prison reform Bill, and it has the support of President Trump. Here's correspondent, Karen Travers. President Trump threw his support behind the first step act in November. But his embrace of the legislation is a departure from his tough on crime rhetoric. The president has in the past called for the death penalty for drug dealers, but he got on board with this Bill that will loosen sentencing guidelines for some non violent drug offenses. This is what the president said last month about why he supports the legislation do former inmates a second chance at life after they've served their time. My house must still vote on the Bill this week before sending it on to the president's desk. Some General Motors workers in Michigan are getting layoff notices just in time for Christmas. General Motors telling employees of the Brownstown Michigan plant that fifty salary workers will be laid off in February also in February nearly seven hundred hourly workers will be laid off at the soon to be shuttered Detroit. Hamtramck plant with production of the Buick lacrosse Chevy volt Aziz in March the remaining eight hundred workers at the Hamtramck. Plants are expected to be let go later in two thousand nineteen would GM ends production of the Chevy, Impala and CT.
"five billion dollars" Discussed on WGN Radio
"Cook County judge will delay her verdict in the case of three current or former Chicago cops charged with covering up the circumstances of the shooting of a Donald she was supposed to issue her findings on Wednesday. But an Email this afternoon. The trials media coordinator says that decision will be delayed attorneys for the man charged with kidnapping and killing a university of Illinois Chinese scholar say the FBI searched his jail cell while he was in court Brent Christians attorneys now on a judge to force the FBI to divulge what they found. Prosecutors are seeking the death penalty against christianson six yingying Zang's body has not been found if the White House shows the plan, they're keeping it to themselves. Senator John Kennedy on the government shutdown looming at the end of the week unless the president and congress can make a deal the White House saying congress can avoid a shutdown if it just pays for the border wall. They'd President Trump promised Mexico would pay for that be about five billion dollars. Let's get an update now on WGN sports. Here's the Andy Mason. For Corey Crawford. The hawks goal has been placed on injured reserve while he goes through concussion protocol Crawford separate the last night's game. The same cost them over half a year last year. Hawks of recall goal, Colin Delia on an emergency basis from Rockford hawks and predators tomorrow night from the United Center. Pre game at seven face off at seven thirty with John and Troy here on WGN. No word on the house. All today on the severity of Eddie Jackson's ankle or Aaron Lynch's elbow injuries team was still evaluating bolted. Matt Nagy says the bears didn't consider either injury as season ending Monday night football tonight with the saints hosting the Carolina Panthers. Saints have already wrapped up the NFC south Manny Machado, getting the red carpet treatment for the White Sox today. I is agent met with some of the Whiteside front opposite guarantee. Great field other meetings, set up from all over the city to showcase Chicago to the free agent infielder, and as a side White Sox acquired yonder Alonzo from Cleveland yesterday Alonzo just happens to be Machado's brother-in-law after a little more than a week off northwestern we'll turn to the floor tonight facing Chicago data whilst Ryan arena cats off to a seven three start.
"five billion dollars" Discussed on KOA 850 AM
"Was five billion dollars for his border wall. Not gonna happen. Say Democrats shutdown would meet so-called essential employees would still come to work, but have to wait until the shutdown is over to get paid others would stay home not get paid. But there are some federal employees who want to be at home, congress ABC deputy, political director, maryalice parks, don't wanna make sure they have a deal that they don't have to stay longer. So maybe the Christmas spirit will just motivate folks to get to work right now. We're surprisingly hearing very little talk of what that actual deal might look like park says congress is likely to move quickly to get a deal done if the president can move from his rigid stance. President Trump's lawyer Rudy Giuliani on whether he would allow President Trump to sit for an interview with special counsel, Robert Muller over my dead body. But you know, I could be dead and Giuliani had a lot to say about President Trump's former lawyer Michael Cohen an interview on ABC's this week, President Trump's lawyer Rudy. Juliana blasted the president's former longtime lawyer in fixer Michael Cohen as a quote, pathetic person and liar dish, man. You will never know what the truth is he lies to fit the situation is it to Yanni says Cohen's claim that then candidate Trump directed him to pay off women who claims to have had affairs with Trump is false. He also argued that the payments weren't illegal because he says, they weren't only made to influence the election. Jordan, Phelps ABC news. The White House fifty thousand Los Angeles teachers took to the streets over the weekend with the message if they strike the school district what they'll do it. If they don't meet their demands teacher door vaguer telling ABC news that she and her colleagues to concentrate on students needs here, we get more.
"five billion dollars" Discussed on News Radio 690 KTSM
"Hoedown out. They're looking at you. And they're saying sucker. You don't count. You don't count until you start getting phone calls. Not robo calls not from somebody at a call center. You don't count. It. You start getting phone calls from that Representative that Senator herself asking you for money, and you delivering and cutting a serious check. Oh, yeah. This is how our country works and big business. Guess what they want their cheap labor. Hey republicans. But are they going to do they're going to give it to him? That's right. This is it's ties in immigration here. I I wanna make sense out of this for me. Trump wants Trump wants five billion dollars. He wants five billion dollars toward his twenty five billion dollar wall. Why? I yet to hear any other talk radio show host rip this entire thing apart like I have I don't know what the chicken or what? Give me a break. Donald please, please, I'm all for border enforcement. I'm all for doing things in an intelligent way. This is just stupid. And I thought it was stupid when you were running for office, quite frankly. And I think it's stupid today. What good you tell me what good is twenty percent of a wall going to do. Explain this to me, please. Because I don't get it. Our again, our do my Walking Dead analogy. I've got my my compound the Markowski compound on the Walking Dead. And we're trying to keep out Zambia's. Do we? A. Build a fence and boundary and border totally around the compound to keep the Samis out. Or do we build twenty percent of a wall thinking that design? These will only go to that part. Comparative to legal immigrants the evil, Mr. Marc hausky place people like not like. It's stupid. What what you think Trump is going to get another another twenty billion dollars with Democrats in the house? You think Donald Trump it goes into building a an apartment complex are a hotel. With only twenty percent of the financing and order. So explain this to me, I'm at a loss here. I am. Go to work, which place. So we get back logic and reason here on this program people, we we try to use that watchdog on Wall Street dot com. Watched on on Wall Street dot com. A twenty four hour day help hotline eight hundred four seven hundred fifty nine eighty four. We'll be back..
"five billion dollars" Discussed on AppleInsider Podcast
"Updated with approval from carriers. And so it was really difficult to get people to update the Android OS on their phones. Vendors didn't wanna do it because they wanted to cell phones and carriers didn't want to extend afraid of new operating system running on their their network. So Google said, you know what? Fine and run around all of this. We're gonna put all the functionality into our Google apps and play store. And if you went up dates, you'll get them that way. And that's fine except that the European Commission has decided that that is now antitrust wasn't there incisive shrimp something about. Hundred tell his could have access to the stories they did things. I mean, presumably complied with the conditions is not out of science. The basically what's going on here is that they find Google five billion dollars. And so Google has agreed that they're going to start licensing play and licensing new Google services naps that they put out on play to handsome manufacturers, which has the knock on affect of other gonna eat that cost, or are they gonna pass it on to their consumer while the such. A lot of profit margin in Andre much now to state the cost front. You think so probably not. What's going to happen is that everyone's Android phones, gonna get slightly more expensive as a result and they won't notice because, well, you know, phones thousand dollars from apple. No, yeah. So, yes, ten bucks of an Android phone becoming eleven doesn't say that big ado plus I don't know how many people Andrew fines on them rolling carrier subscription thinks that I might price might even be less month. One of, but yes, I don't see what people tend to business. Everybody suddenly decides to start buying Underwood funds because of this annoying, Tony increase on instead spend like you said, one thousand hundred ninety four posted on sanctioned Tommy. Well, it's, it's going to be interesting. It's it's going to be an interesting thing to see entirely. So what's what's going to happen here is Google doesn't really want to do this, but they're gonna do it. Google also wants to have some way to combat combat. Samsung. We'll talk about that in the next story..
"five billion dollars" Discussed on KOMO
"Looks like there may be. Possibility that they could exist pasta December thirty first because they need a serious amount of money. Yeah. So what's going on is that deslize a number of debt payments coming up? They have a little over two hundred million coming do here in the beginning of November. They have another nine hundred twenty million coming due at the end of March money actually has to be in the Bank by December thirty first for the agreements. So the issue here is that we last week. Saturday afternoon. We heard about the settlement with the SEC this Saturday afternoon. We've got a very interesting. So potentially breaking news from Charlie Gaspar, Reno he's one of the most experienced reporters on Wall Street who has worked at the Wall Street Journal is reporting from CNBC these days, he's at FOX business news by the ES spoken to a lot of the bankers that seem to be pitching test lie for how to deal with a situation where there are simply not going to be able to pay back. The outstanding debts that are coming do. So the idea would be that there would be willing to interviews. A net of five billion dollars into the company essentially, it would be a form of a short sale. You put it in the homeowner ship terms. So for example, today Tesla's about ten billion dollars worth of outstanding debt. They would actually find a way to refinance data put that under their own wings and then an ad. Other five billion dollars in fresh deck capital to the company, and the idea would be that they believe that. As of today, the company would be worth about ten billion dollars in a bankruptcy. And you add five billion dollars in fresh cash from top of that that basically means that the enterprise is would be worth fifteen billion. But that of course, leaves no money for the equity holders. So essentially the equity would be worth zero. That's why I'm saying it sounds a lot like short sale. The Bank takes over your house declare your bankrupt. They just take the house from you, basically. And then they have somebody coming to fix it up painted up renovate a few minor items. And then either put it on back on the market or are they or they lease it out. So that would be the proposal that he is describing in terms of his conversations with many of the banks that are allegedly here pitching attached lie as to how to just avoid a chapter seven bankruptcy. So that's part of this. Right. So what happened? Is that the convertible that comes at the end of March, which is nine hundred twenty million dollars. If the stock. Doc has traded for a certain period of time before March thirty first at an average price of higher than three hundred sixty dollars. Then you can settle that loan in by issuing stock. But if it hasn't traded at an average of three hundred and sixty dollars for a certain period of time leading up to that moment in time, then you actually have to cough up the cash and right now, of course, it's doctors at about one hundred dollars below that level. And so the company's looking like they're going to have to cough up the cash, it's nothing dramatically changes here in the next day. Handful the months so that is part of the problem here that is all integral to the difficulty that all the parties are trying to resolve here behind the scenes and. You know, we'll see here to what extent that his reporting on this issue is correct. And whether it is only one of many other types of proposals that are on the table somehow..
"five billion dollars" Discussed on WPRO 630AM
"To do with the private insurance market you're out of business absolutely the are gone so uh but but again our center i have a right my hands here are centred that a report y'all much that one item alone would cost of businesses taxpayers and ratepayers five over five billion dollars billion dollars billion with a b billion how these am the guy little mini me throughout taken that one step further and he just you know from a business owner i can attest to what obamacare is basically cost businesses because the giveaways and so on so what that that the cal about the cost of a single health care plan right now is is is close to ten thousand dollars you know so as taxpayers our rates will go up to subsidize that as a ratepayers or insurance buyers are rates will certainly uh while of the government's providing it i guess not um and as business owners like you just said you're you're going to go through the roof to pay for that five point four billion dollars for a seeing and now you know vermont socialist vermont and whatever you wanna call california both actively try to push through they couldn't even figure out a way to wolf ford all but yet progressives in this state wanted to happen progressive democrats want this to happen i think about that so when you get your free college tuition you've gotta get you healthcare on that's how that's been worth let's take out let's take a quick while here we got roll corner for providence argued up there don't after rolan ritual mike.