35 Burst results for "Thirty One Billion Dollars"
John and Ken on Demand
"thirty one billion dollars" Discussed on John and Ken on Demand
"Hurts bernard. He's you don't prosecute crime that hurts minorities mean you let you let killers out early. Where do you think they're going to go all right. We got more coming up. John and ken show john kobylt and ken chiampou. Kfi am six forty live everywhere on the iheartradio app. All right we're headed right toward that big five o'clock hour a little more to tell you about concerning the recall and of course. They're acting quickly as they can inset -cremento to make the recall of the future much more difficult to get on the ballot. Because other like this was beaten so easily. This can't happen again. It's such a waste of money and that's just there should be more. Plus we should spend more money on this stuff. There should be a whole like recall department. And if you hand out thirty one billion dollars to criminals through our stupid unemployment money you have nothing to say about trying to save tax. Screw them here you know. They're they're government employees and they get fired and a recalls is like when your your boss puts you on probation and they start going through your record and they start analyzing your job performance. That's what that is. You've been called into the office and yet rimmed out for two hours because you stink at your job. Well that's what newsome got for the last six months good. That's what he deserved bad at his job. But he was successful in terrifying everybody about the virus and ron candidate. Running against there'll be some attention paid to washington dc this saturday because it's called justice for j six it's a rally and the j. six refers to the date january six. That's the day that the trump people storm the capital and an attempt to stop the certification of biden's election victory. Now the thing is nobody could show up one of the groups planning this rally. They're called look ahead. America said they're going to do this peaceful protests at union square plaza near the capitol reflecting pool at new. Nobody knows who's coming and certainly nobody knows if it's going to be as crazy as january. Six chances are no but they're not taking any chances they have. They're going to seal off the capital again with the fencing. They're going to go to full alert. Just in case the same kind of crazy people return and tried to storm the capital. Congress won't be in session on saturday anyway so nobody will really be well but they're not gonna get taken by surprise like they did a january. That's not going to happen. And that's what the problem was. Is they ignored all the warning signs. They ignored all the intelligence and like typical government workers the capitol. Police were standing around stare at their shoes and eating lunch. So they they weren't. They weren't proactive. They weren't on on alert on offense. I first of all anybody who's gathering about stolen elections. That's another one. I'm put my fingers in my ears that anymore..
"thirty one billion dollars" Discussed on Agriculture Today
"Now i'm hoping we don't But they're on their way. Keep us posted as you always do. And thanks jeff for coming over letting us know about what's going on currently. Yes my pleasure. Thank you jeff. Whitworth crop entomologist k. State research and extension on this part of agriculture. Today you are tuned into the k. State radio network and agriculture. Today eric atkinson here and on we go now. To today's agricultural news headlines for you heard to see in part of dt in the epa has brought to an end agricultural uses the insecticide clarifies in a final rule released yesterday the epa said it's canceling registered food uses of clear fos the use of the product under the trade name lors ban in agriculture had already dropped significantly in the past decade particularly after its primary registered cortesi. Agra science halted production back in two thousand twenty but this action by the epa effectively ends all agricultural uses of foss on food and feed crops including generic products. It does not immediately affect non food uses of the product. Such as mosquito control. That will be under review later in two thousand twenty. Two according to the epa laura's ban an insecticide that targets biting and sucking pests such as aphids primarily used in soybeans corn wheat cotton and orchard crops it has popular pest control option in the past but its use has fallen from thirteen million pounds per year in the late. Nineteen nineties to five million to seven million pounds per year. Starting around two thousand ten. That's according to data from the us. Geological survey this new revocation of food tolerances for the chemical will become effective sixty days after it's published in the federal register that in the coming days korte when reached for comment said it believes that the chemical should remain on the market despite that companies phase. Out there laura's band product. Kansas city southern has decided to delay. This week's planned shareholder vote on canadian nationals. Thirty three and a half big dollar offer to buy the railroad because regulators have not yet ruled on a key part of that acquisition plan. The vote scheduled for today was put on hold while investors. Wait to hear what the. Us surface transportation board will say about approving canadian nationals plan to use a voting trust as part of the acquisition. The plan calls for the trust to acquire kansas city southern and hold the railroad during the stb's extended review of the overall deal without that approval. The deal may fall apart. The stb said last week it expects to issue its decision on canadian. Nationals proposed voting. Trust by august. Thirty first if canadian nationals deal to by kansas city southern does get derailed the canadian pacific railroad waiting in the wings with competing. Thirty one billion dollar offer to purchase kansas city. Southern canadian pacific argues that shareholders should back its lower offer because it's more likely to be approved by regulators but so far kansas city southern has preferred canadian nationals higher offer. The usda's national institute of food and agriculture recently entered a partnership with artificial intelligence research institutes across the country with more. What that's all about the usda's rod bain. Future innovation in agriculture may have an advancement assists soon via a i artificial intelligence. That's really going to be able to speed our ability to meet. The critical needs of the future are active cultural workforce providing equitable and fair market access as well as increasing nutrition security and providing tools for climate smart agriculture and usda's.
Technovation with Peter High (CIO, CTO, CDO, CXO Interviews)
"thirty one billion dollars" Discussed on Technovation with Peter High (CIO, CTO, CDO, CXO Interviews)
"Detective vacation i'm peter. Hi i'm so pleased to be joined today by gen charters. Jen is the chief information. Officer of flagstar. Flagstar is a michigan based national mortgage lender with thirty one billion dollars in assets under management. She's been in that role for roughly three years. Now after twelve year stint. I should say a dozen years at ally bank where she was most recently. The chief information officer of corporate technology and also serves as the president of the michigan council of women in technology and looking forward to covering all of these topics with her areas of responsibility that she has or has had as. Well jen so nice to see you tonight here. Great to be here jen. Let's begin with with flagstar if you don't mind for for those who may be less familiar with it. I provided a little bit of an introduction as to what you do but maybe provide a little bit more of that thumbnail sketches to stars business. Please sir so so. Plex star is a community bank and we operate our retail branches about five states We have a national charter That enables us to service customers. Nationwide mortgage is a pretty significant part of our business. mortgage origination. So we tonight mortgages across the country we also have a mortgage servicing business. We are the sixth largest mortgage servicer in the country. where We are we service not only flex mortgages but Service for others is wow and within our community bank We have both retail as well as commercial lending as an example. We have a warehouse lending business which is the third largest warehouse lending business in the country And we also offer on a number of other Commercial loans including homebuilder finance and commercial real estate. Cni and you were the chief information officer of the of the company talk a little bit of balance. And you've been there in enroll for roughly three years. I mentioned at the top talk a bit about the. It department you inherited when you join the organization. Which which did you find. And as a result of that what. We're the first changes you look to enact. Yeah so You know. I mentioned the the prominent role in mortgage had it flagstar bank. And if you were to go back to the financial crisis i think at that time. I you know they look hit pretty hard on at that time. with You know the impact on mortgage and mortgage lending in a number of of various regulatory issues that they had to deal with and so the organization that i came into is was clearly one that had been through. I will say a bit of crisis in turmoil. During that time A number of cost reductions. That were were likely made decisions. Made about reducing Potential investment costs. And things. Like that. And so i was fortunate enough to come into the bank at a time when it was now starting to turn a corner it most of the regulatory issues were largely past them and i and now we're starting to look forward toward you know. What was the new flight. Flagstar going to look like the the flagstar that could now focus on growing. And so one of the challenges that i had was coming into an organization that had been very alsace sort of risk averse and maybe also less inclined to to invest and think about things in more of an innovative way So more kind of toga line. In a whole the core versus continuing to to kind of advancing grow. And so when i came to it that that was sort of the situation that i was in and and so my one of my goal was to now start thinking about..
"thirty one billion dollars" Discussed on Unchained
"The link is in the description. Things are tuning into this week's news. Recap first headline the infrastructure. Bill saga ends at the beginning on tuesday. The senate passed its infrastructure. Bill voting sixty nine to thirty to invest one point two trillion dollars into the country's public works to the crypto industries chagrin however the bill moved out of the senate without changing certain provisions regarding crypto taxation despite multiple amendments being offered as a refresher the original and finally requires reporting for crypto brokers in order to bring in twenty billion dollars in taxes over the next few years the provision mandates crypto brokers report customer gains via attending a nine and any transactions over ten thousand dollars to the internal revenue service while the community does not object to appropriate entities being tax provision received vociferous backlash over its broad definition of a crypto broker. Kristen smith executive director of the blockchain association interpreted the bill to encompass quote software. Wallet developers hara wallet manufacturers multi service providers liquidity providers dow token holders and potentially even miners as brokers under the current iteration of the bill such a requirement would force saddam hussein decentralized protocols to collect and enforce new year customer or kyc information an impossible task senators proposed multiple amendments though none gain the support necessary notably on monday morning last-ditch compromise between at senators. Cynthia alumnus pat toomey. Mark warner rob portman and kirsten cinema to amend. The contentious language fell just short of approval. Courtesy of a single objection from senator richard shelby the infrastructure packages now on its way to the house of representatives with the provision original language intact however the crypto industry nor the house will be taken by surprise this time around coin centers. Jerry briscoe is ready to make a brand new amendment tweeting. The bad news is that the amendment did not receive consent so will not make the bill. The good news is we're not giving up next stop. Is the house where we can try to get a whole new amendment from scratch that can interest all our concerns for members of the house is blockchain caucus are also prepared for another round of crypto policy debates with representatives. Tom emmer darren. Soto bill foster and david schweickart pending a letter to their colleagues noting quote. We must prioritize amending. this language. Clearly exempts non-custodial blockchain intermediaries and ensure that civil liberties are protected on thursday representative in issue also joined the fray pending a letter to house speaker. Nancy pelosi encouraging an amendment to the problematic broker definition next headline on coin base eath flipped. Btc coin base announced. Its second quarter results on. Tuesday here are three things you need to know. At one point six billion dollars q. To profit nearly doubled that of q want total revenue also outperformed expectations coming in at two point. Zero three billion dollars compared to the one point. Eight billion dollars predicted by analysts consensus compiled by bloomberg second coin as users. Were very active. This quarter with monthly transacting users growing forty four percent from q one to q two. It's total user. Base also jumped climbing to sixty eight million verified customers point three coined base also saw a theory of flip. Bitcoin this quarter at least in terms of trading volume in q. Two theory made up twenty six of the changes volume while bitcoin only held twenty four percent share additionally in an earnings call ceo. Brian armstrong said at ten percent of the top one hundred hedge funds by assets under management our clients the exchange also mentioned spacex tesla and pnc bank specifically as institutional clients marking the first public acknowledgement of tesla coin based relationship next headline. Brian brooks resigned as ceo. By nancy wes last friday. Brian brooks trump to bombshell via twitter announcing his resignation. Seo of finance us after just a few months on the job he wrote quote. Greetings crypto community. Letting you all know that. I resigned as ceo binat despite differences over at strategic direction. I wish my former colleagues much success. Exciting new things to come before his short tenure with finance us brooks was the acting head of the office of the controller of the currency the regulator for national banks under president trump. He also worked as coin basis. Top lawyer in two thousand eighteen. It initially appeared that brooks impressive regulatory resume was a perfect match refinance which is faced intense scrutiny from jurisdictions like the uk and japan in two thousand twenty one. His hiring was even considered a steel that ruffled feathers over at circle. Where brooks had been on the cusp of accepting a position as president before abruptly moving over to finance. Us as described by crips. Jeff roberts ina july report in response to brooks's departure by oh changping. Show wish him the best in the future and thanked him for his invaluable work divergence from the exchanges handling of brooks's predecessor. Catherine coley who was not even mentioned after being ousted to make room for brooks headline tether reveals reserve details on monday tether released new attestation revealing the details of it sixty two point eight billion dollars in reserves for the world to parse this tethers second reserves reports since launching in twenty fourteen prompted by a settlement with the new york attorney. General's office earlier this year. Cnbc's kate rooney tweeted out a simple description writing tether out with new on on what's backing the staple coin mostly commercial. Paper includes other crypto money. Thirty one billion dollars worth of commercial paper six billion dollars worth of cash. One billion dollars worth of reverse repo or reverse per repurchases fifteen billion dollars in t bills or treasury bills two point five billion dollars and secured loans.
The Tropical MBA Podcast
"thirty one billion dollars" Discussed on The Tropical MBA Podcast
"The bank. Is you a half of a percent. Maybe on a good year. But in defy land the sea fi companies are paying eight percent on stable coins somewhere around five to six percent on things like bitcoin. What counts as a stable coin. Nowadays stable coin is a dollar pegged coin. It's coined that should be one dollars. Every time you use it. They fluctuate too sometimes as much as a dollar and a penny down to the ninety nine cents but they should recalibrate themselves back to a dollar. And how many examples of stable coins are there at the moment. There's probably hundreds but there's probably also ten that matter and then within that there's probably two that make up most of it. One of the biggest is tether thirty. One billion dollars worth of tether exists in the world. And there's like twenty five billion dollars the us dc which is coin bases stable coin. I think there's somewhere around eighty billion dollars of stable coins total so those makeup like three quarters of all stable coins it exists kind of fall into those two and one of the stories. It's been getting more and more traction as people seek sort of rationalization for the bear trend. We've been downward pressure on crypto. The past few months is the some fundamentals of tether. Maybe interrupt just to get a prediction or some insight into what others role is what the issue is. And what are the possible outcomes. There is like the sea fi of stable coins. Tether is like essentially controlled stable coin investors deposit dollars with the tether corporation. the other corporation takes those dollars invest them and other things. But mince one dollars worth of tether usually on the theory and blockchain but it's also cross chain and they're like their bank that issues their own dollars. They just like swap dollar bills for stable coins and then they take those dollar bills and invest them. A lot of these stable coins worked. That way. tethered himself. They haven't been incredibly open with what they're investing in historically and has been a lot of question as to like. What are they doing with your money when they when you deposit with them. They went through a big court case in they actually were required to kind of disclose more to the investors. And they've done that recently.
Congratulations with Chris D'Elia
"thirty one billion dollars" Discussed on Congratulations with Chris D'Elia
"Mean. It was like ding ding ding ding ding ding ding ding ding. Just like like like like subscribe subscribe like like like like like putting dictating thing bell notification and being ping ping ping it was just doing fucking whack job numbers and i just thought about him a lot since then dude. He's doing it all wrong man. You think it's fucking crazy. Go into outer-space. Oh you got all the money. You're going to go to outer space big boy. Fuck that dude. If i had one hundred and thirty one billion dollars i'm doing crazy. Subtle unique shit crazy suddle unique shit. I'm just fucking buying chopper loading it up with sandwiches and just drop them off just in the air dropping him up not even flying high just kind of like scraping along the fucking the lowest as i can and just dropping off sandwiches so low that they're like why didn't even why didn't he just take van just so low just dump dumping sandwiches out the kind that not many people like to just more to della you gotta be like a real italian dishes and i'm still. I'm in utah dropping off more to della sandwiches. There's like the foxy doing that for. Because he's stupid subtle because he's stupid subtle dude. What do you mean well dude. He said it ever since bazo s- went to the fucking moon in a cowboy hat and a watch on the outside of his spacesuit deleted. Decided if you ever gonna make one hundred and thirty one billion dollars he was just going to be stupid subtle about it. And that's why he's got the chopper full of more della. And i'm just going to drop them off hungrier. Not here you go hungry or not. And guess what i'm gonna do save world fuck and hunger dude. I'm going to save the world. If i have one hundred thirty one billion dollars i'm gonna save at least american hunger and poverty. It's gone dude. I'm hiring hit-men for like fucking a ant eaters and just tweeden all day..
"thirty one billion dollars" Discussed on TruPodcast
"Hey guys ryan dement true. Podcast hope you guys are having a great day. Please like subscribe share. We are doing a blog. Now with the podcast. You get to see my ugly face along with my voice. Crazy stuff is going on this week. Guys crazy stuff. And i have to say when i saw this information yesterday. Well over the weekend. The infrastructure bill came out. There was talk about taking away. The idea loan program and the ideal grant program in helping it taking its funds and moving it to the infrastructure bill to pay for it. If you guys don't know what that is basically The cares that got past last year and they funded The small business administration with billions of dollars to help small businesses either in a grant function or alone function or both And they've basically taken that money and ripped it out and moved it over to the infrastructure bill. So that's that's not cool the other the other headline that Got me This morning is Household debt jumps by most in fourteen years to nearly fifteen trillion dollars in the second quarter And then the other piece biden's new eviction ban eases liberal ir at the cost of legal risk. That's that's quite interesting so guys. I hope you guys are doing well. Let's get right to it infrastructure bill. They pull thirty one billion dollars from the cova disaster loan program the loans Were actually..
Fred + Angi On Demand
"thirty one billion dollars" Discussed on Fred + Angi On Demand
"Report is makes being one zero three five kiss. Fm believes entertainment. News is on the fred shown. Well the baby was dropped from his all homophobic last week. It's really nice. Runs holding him accountable. So the new york governors on. He's no longer in their september lineup. That came days after lollapalooza. Did the same. He was also dropped from parklife fest in england also apologize for a third time says he educated himself and knows better now. I don't know how quickly He thinks those who came to him with kindness who reach out to him privately. Offer wisdom education and resources. He said that that's what he needed. Most and it was received from the people that did that. okay brian. I hope you really hard studying up off. When you're when your bags are gone right. Things are always so tough because no one. No one says anything. No one thinks it's wrong until he didn't come up with this until everything starts to go away like he didn't decide that this is his way of thinking and the things that he said he clearly. He didn't think it was wrong now. He's being canceled so he thinks it's wrong now and he wants forgiveness but if in fact he wants forgiveness took it feels different for me like you know if someone like uses a homophobic slur that they grew up hearing something like it feels different than spreading misinformation about hiv and aids. All gay people have aids or something he was. He was saying that those who do all people have aids essentially and those who do are like dir- dirty and wouldn't be fans of his essentially and you know it's it's not just gay people who have aids and we you know aids is oh my god take a pill and whatever you know the details but it's just like it's very. It was very specific. And just so wrong. you know what. I'm not defending him by any means for one. Second these as a blanket statements l. These things are tricky. Because i'm anticancer culture but there are certain things i can't forgive. There are certain things that offend me more than others but like that's where it gets hard like if somebody's asking for forgiveness then again blanket statement here not pertaining to him but then do we do we. Forgive that person and say you're going to be educated on this like e. You were naive. Were you know hurtful and spreading misinformation and now you're gonna learn and use your platform for good do we. Do we hear that and go. Okay we'll give you some time to show us that and then we'll get over it or whatever or do you say no. You're done you for visits the you're done go away forever. Go bury yourself. We never wanna see again saying. That's the part that scares me for anybody willing to learn cancelled. I like from his events. I mean don't take some time to agree with that whatever. It's really weird to me. So like morgan wall and for example you know. He used racial slurs he was caught. He didn't know he was film. I'm not defending him either. But he was wasted but the baby was on stage. No need for like why. Are you even talking to us for the action. I just i see people'd at the drop of they do something in some cases they know exactly what they're doing in some cases there too naive or surrounding their upbringing. whatever. I am not excusing any of them. All conveying is that the cancer culture thing is concerning because people do screw up and then how. How do you encourage someone to change. How do you encourage them away. Well prepared and and right right. This is very complicated. Yeah a case by case scenario like this one case by case debate insured cancel and then there's no excuse for what he did. I think i would like to see a lot of money. That he donates. You know to like an aids charity or something. I would like to see him show that he's learned I would like to see him. Take some time off to reflect. And then i guess i mean. It's not up for me to decide but it would make in thailand. Yes it's all in time to see if someone's really sincere or if they're just saying something in order to try and change in this world for the better. Now i agree and and you know. Maybe that's the bar over time we look at that and say but yeah it's a complicated thing sending. I'm not excusing him. Or anyone else. Does he say to the corner with a dunce head on exactly So bill melinda gates finalize finalized their divorce yesterday in king county washington. The couple divorce back in may and melinda most definitely just became at one of the richest women in the world as their combined net worth was a little over one hundred and thirty one billion dollars. The filing says that any other post-secondary support is outlined in separation agreement. So it was like a separate thing. They did And none of their children are under eighteen by the way so the divorce is not include. Any child support This is a really sad story. So i don't know if you guys saw this. But kathy griffin revealed. She has stage one lung cancer. Yes she took to social to announce that she was headed into surgery to have half of her less long removed Kathy who never smoked said the cancer is in its early stages very contained within just that one lung and doctors are very optimistic. Actually did lose two of her siblings to cancer which makes us also sad And then i got an update that to surgery surgery to go well and as planned and she's resting an and recovery that is a gnarly gnarly cancer so prayers to her more details online today You have to see girl. Who's playing pamela anderson in the baywatch miniseries. It's like identical so hot also. We have some new music up there for you on fresh air. Radio dot com shelley win streak is over we got to eighteen and then And then it ended yesterday with number thirty four four. Seventy eight and thirty four. The overall record one hundred and three dollars fifty cents. If you wanna take on showbiz shelly. In legendary show visually show eight five five five nine one one. Oh three five call now. Do your cabin three minutes on the french. A shell on three five kiss up. Do you have what it takes to battle sharpish belly in the showbiz showdown omega pretty good. Today what happened to watch the bachelorette last night out to talk about that. Like real put me a bad mood. Yeah like it was. It's how would you describe it shelly. I'll let you take this one. But it was just shocking. Like the basically the guy who didn't like her front runner the whole time and was perfect totally turned and it was really crazy to watch. He's scared me. Triggering a watch it. But like i saw some tech talks about this guy that was really bad.
Relatable with Allie Beth Stuckey
"thirty one billion dollars" Discussed on Relatable with Allie Beth Stuckey
"America is an experiment in we are young. We are only two hundred forty four years old. We are ridiculously young to have made so much progress. Not just here. In the way of equality of opportunity and justice but in the whole world. We're not perfect. But the ark of american history over are very short. life has been good. I just wonder. I wonder this often as i'm scrolling through twitter and looking at these crazy videos of what's happening in in some places in these anarchists i just i just wonder if these people who denounce america's inherently evil in failure who hate our founders hate the constitution realize how rare it is for them to be able to complain about our government and our systems with impunity to be able to threaten police officers to criticize our leaders to tear down statues in most cases without any consequences whatsoever that is a product of liberties that the vast majority of the world will never know. We'll never know because they didn't have the founders. We have who created the constitution that we have that recognized the inherent rights that we have just look at what's happening in hong kong right now. Crazily enough the antifa rioters here wants to compare themselves to the hong kong protesters. But it's really just the opposite. Hong kong is protesting communism. They are protesting dictatorship. They are fighting for freedom for autonomy for liberty and china has just taken that away. The un has done absolutely nothing. That's why the un is an absolute joke and they are working hand in hand with china as is the world health organization. That's why these organizations cannot be trusted. China has taken away. The freedom has taken away. The liberty has taken away the autonomy of hong kong and will end in suffering and death. They are going to snuff out any dissent. There is no freedom of speech there. there's no freedom of religion there and hong kong was kind of this safe haven for liberty and now it is going to be taken over by the communist dictatorship of china and we are going to see the world view that the anarchists here want play out in hong kong as we have unfortunately seen play out too many times over the past one hundred years until we can see what it looks like in a country. That doesn't believe that we have inherent human rights. Again we have violated our own ideals but at least we have those ideals like at least we have a standard to try to reach. At least we have something to go back to at least We have something to get in line with and realize okay. We were off in this human rights abuse because we believe that all men are created equal and are given inalienable rights by god. china does have the communist countries. Don't have that and we'll talk a little bit more about that in the second. I just wanna read some statistics about america. And what makes us so great. And what makes this narrative of america being the worst country in the world so crazy america gives the vast majority of the foreign aid. We give more foreign aid than any other country. That is over thirty one billion dollars. We adopt the most children per year by far than any other country in a two thousand eighteen. Gallup study it showed that america is the most generous country in the world in terms of the percentage of americans that a donated their money to charity be volunteered their own time to an organization. Three help the stranger who needed help. Two thousand eighteen was the first year since nineteen eighty..
The Indicator from Planet Money
"thirty one billion dollars" Discussed on The Indicator from Planet Money
"Gives mu is a flying squirrel. He lives in marshall town. Iowa and recently gizmo have to pay a visit to his vets grant jacobsen is gizmos fat. What what's wrong with gizmo. He was less thrilled. He was here for a neuter surgery so nothing wrong with the he might have had a grudge heading on what was going on. What with that in the background. Oh dog i'm sure howling fad. Yeah just six minute. Drive away from grant us another vet. So gizmo has is but there is a backstory here because grant worked for that other vet for nineteen years. He says he was planning to buy the practice. It was kind of understood in fact that that would happen but then he started hearing these things from the owner that made him. Hey there's going to be these people. They're from one of the corporations. They're they're doing practice evaluation. You know. i'm not really planning to sell to them. But i want to find out what the place is worse. The suits showed up. You can see where this is going. Grant got beat out. He says those corporate visitors offered a million dollars more for the practice than he could afford and he was not feeling happy about this. Well i mean disappointing. Would be an understatement. That's for sure. The corporation that beat grants bid is mars. The giant international chocolate company that makes eminem's twix bars and has locations around the world and this trend is corporate and even private equity money from everywhere from goldman sachs to mars to j. ab holdings which is the parent company of crispy. Cream has warning into the industry. I'm sally herships. And i'm stacey vanik smith. This is the indicator from planet money today on the show when and why giant corporations started investing in health care for our gerbils and our dogs and our cats and how all that corporate cash can impact independent. Pets like grant. This message comes from. Npr sponsor plaid. There is a finance app for everything these days. But how do you know which ones to trust. That's where plaid comes in the most popular finance apps and services use plaid to help you securely connect your financial accounts the best part. There's no extra work for you. Plaid is already used by over four thousand finance apps the next time you're signing up for a finance app look for plaid the safer way to share your financial information. Not everybody is an animal lover. What i know. I know but for sixty three point. Four million americans who owned dogs the forty two point seven million americans who owned cats and of course. We can't overlook the owners of fish. Birds reptiles horses flying squirrels for all of those pet owners. Their love translates directly into dollar signs. You know. I have clients referring to their dogs as their children's siblings and their parents as their dogs or cats grandparents. Dr miguel your is a vet. And she sees this kind of spending tampa all the time in the us spending in the veterinary care market totalled thirty one billion dollars. Today we spend more than double what we did a decade ago on our pets and gush buying toys. Oh thousands of dollars on clothes people will redo their houses. Yeah they'll they'll build carries outside. I'm going to do this so i don't even know what a cattery is stacey. You told me you were a cat lover. I doubt right now. People who will remortgage houses for some of these vet bills are twenty thirty thousand dollars. If you're going to get a hip replace- if you've had major operations you've you've had climbed to remortgage their houses. Yes how are you going to thirty thirty thousand dollars. Where are you going to get that money. But it did not used to be this way. And i know this may shock some pet owners out there but when madonna was a kid a lot of animals were kept outside the house. Maybe you took them to the vet a few times a year. So when did we start spending thirty grand and surgery for our pets. Mike dix was chief economist for the american medical veterinary association. And now he's a consultant for bets. I teach marion's to ask clients one set of questions because it's very important. Where does your pet sleep for. Options at sleeps outside sleeps in the garage sleeps in the house. It's sleeps in my bedroom. Mike where our pets sleep illustrate this one huge shift at occurred an invention with completely changed the way we interacted with and spend on our pets. That human animal bond thing really really took off in the late eighties as parasites came on and we were able to keep those dogs in the house. Parasitism asari things kill fleas techs. I mean you know love has its limits like you do. I love you enough to get fleas. That's a whole other level of love and the more people are inside. What those cuts the more. They notice things. They noticed dog itching. Or it's robin its size or its strategist but on the floor. What and when they do. Mike says they call the vet. According to the american pet products association last year we spent over a record setting hundred billion dollars on our pets for food entries and vets so since the eighties and nineties this spending has been increasingly catching. The eye of corporations and veterinary practices can be seen as a reliable investment. It's got low overhead. It's not like you have to build a factory or create a production line. I wrote to mars. I wanted to know why the company invested in vets. They declined an interview but mars also makes pet food like pedigree and whiskers so it just makes sense to also invest in vets. Mike says there are about six thousand small to medium size vet practices and hospitals in the us. The kind that have at least two or three full-time bets on staff but out of those five thousand of them are now owned by big corporations. You might not know it because a lot of them like to keep that small business look and feel but many are consolidating or even buying and flipping them and that is having an impact on independent vets like grant in iowa vets are often in debt. They had to go to school which is expensive average. Tuition is more than two hundred thousand dollars. Some vets will never be able to pay off their loans. They pay the interest..
Monocle 24: The Briefing
"thirty one billion dollars" Discussed on Monocle 24: The Briefing
"At the latest business news on joint as usual by you and pots at you and i think there was maybe a year ago. A certain cockeyed optimism among fixed renters. That the exodus from the cities in the general covid nineteen lockdown shutdown turned down might lead to a plummeting house prices Exactly the opposite has occurred. Yeah we'll seems a long time ago. Not doesn't it's It's been months. Which is seeing the deepest recession in many countries in a generation Within living memory really houses they were on the world are surging average. Jumping seven point three percents in the latest talk. That's the fastest rate of house growth since two thousand and six. This is data from night. Flanks friday night franks global house price index. They looked at fifty-six countries around the world turkey tops. The table with house price growth of thirty two percents. Although it should be noted that turkey's general inflation rates came out this morning as sixteen percent. Turkey has an inflation problem. New zealand comes in second in this league of house. Price shame with prices rising by twenty eighteen percent museum. Contractors had a lot of house price inflation in recent years but allows our country was double digit inflation. The us sweden the netherlands uk. Russia house prices rising in many countries around the world. Of course the key reason is that massive fiscal and monetary stimulus. We've seen from central banks and governments around the world. Loads of money flushing into the world's financial system that has to find a home somewhere and as so often the case it ends up in house prices countries. Trying to roll back on this new zealand's recently would its tax incentives property investments and the chinese government also stepping in to rein in developers bank lending to the sector but those worries over bubble allowed to just keep on keep on growing and on the markets with old you recognition that by the time you notice. A stock is being ramped. It's usually way too late to pilot into it to yourself for yourself. Rather what's going on there while plenty people still potty into they spun you remember the game stalker at the game. Stop story back in january. This latest means stock seems to have even more traction behind. Amc cinemas and you can imagine it's not been a great year to be running cinemas the amc balance-sheets are one of the world's largest similar preaches. A sea of red many status still open. It's still loss-making but a lot of people think is a good time to buy the stock for much of last year. The company is worth around about half a billion dollars stock now worth thirty one billion dollars. Eight almost doubled in value yesterday alone. It's all to do with this retail frenzy. People tipping. It's on twitter saying they're getting text messages from family urging them to buy. Amc others gathering at street corners with homemade posters saying amc to moon and apparently is being promoted at pool parties. Sadly none of which. I've been invited to whether the company is worth thirty billion dollars more than tesco or delta airlines is another matter the it's not even open yet this morning but it's already up some ten percent in premarket trading. What could possibly go wrong. You and pulse at bloomberg. Thank you as always for joining us. You're listening to the briefing on monocle. Twenty four that is all for this edition of the briefing. It was produced by james and as manager was christie evans. The briefing is back tomorrow at midday. uk time of your to that as well. i'm andrea miller. Thank you for listening..
The Breakfast Club
"thirty one billion dollars" Discussed on The Breakfast Club
"I is wednesdays hump day middle of the week. Doing how you're feeling. I feel great. I invested in amc stock about a month ago. So i feel damn good good for you. Okay that's right now. And i was gonna say when do you decide if you're gonna keep it sell it. Well i took out my Initial investment actually yesterday. So what i put into it Has tripled so i took out my initial investment. And you know the rest of this house money. Plus i believe in amc. Because i believe in movie theaters and what may invest in the stock actually was Looking at a marvel Promo that they did showing all the movies that they got coming out over. The next couple of years and i was just like a movie. Theater's gotta come back that's just since everybody don't have dita's in their houses. Plus i enjoy going to the movie theater so they always say invest in something that you like. So that's what i did. That's a great investment. That's what they always say. If there's something that you like something that she into something that you use and knows that things that you should investing because usually those are the things that everybody uses in. Those are the things that do well. Congratulations on your and it was nine dollars a share when i bought it. Now it's like. I think yesterday closed at thirty two nice. Hey man. hey man. God is good god is great is is not easy. Because i don't know if he or she would just god is great. Yes all right. Well i'm in detroit. I'll be back tomorrow. Been on my own a world. So i was in dominican republic for a little bit that i was in miami vegas and now detroit so i'll be back on. Somebody told me was which human vegas somebody would be yesterday. I forgot The only person i've seen seen Somebody that used to go to school with wax that played football wax. I ran into him in the lobby. a con guy randomly talking. Econ luigino ev. I was goof as a loaf. Yes i did see in vegas at a great time and you know the world is getting back open. People are starting to head back out. I'm just at the cases of not rising Less and less wearing of masks. But people say they are vaccinated. So we'll see what happens so things. I think when people say getting back open it all depends on where you at because i was in south carolina i in south carolina of on thursday and friday. Things look open to me. Yeah well you know. June first for a lot of people like for instance vegas june first. They fully open Casinos fully open Full capacity when it comes to restaurants and nightclubs. June second and june first yesterday. That's started in also in detroit as well so now. Things are at full capacity most places. And you don't have to wear your masks outside so yeah things are open open. Well i'm in tulsa oklahoma and we'll talk more about that. I was in an event yesterday at the skyline mansion and former. Nfl player felix. Jones owns it but it was owned by a member of the ku klux klan who also participated in the tulsa massacre. What yes so at the house now. He bought it. Well that's who used to own it retired. Nfl player felix owns it. He wanted to buy it since he was young and he's turned into like a great community center for people. Yeah so it's really dope and you know they did this whole They did this whole album for people who were born here until they actually put out an album on friday. So all right well. Let's get the show cracker front page news. What we talking about. What president joe biden was out here until say yesterday as well and we'll tell you what he had to say as he was marking the one hundred anniversary of the tulsa race massacre. All right. we'll get into that next. Keep it this the breakfast club. Good morning wanting. Everybody is tj nv. Angela yee charlemagne the guy we are breakfast clubs skin some front page news. Let's start over. Nba playoffs last night. The brooklyn nets six one. Twenty three one zero nine now. They will take on the greek freak. The nuggets beat the trail blazers. Right away by the way. Charlemagne god Pick books in seven against the nets. I don't think so. I'm just saying buxom seven. I think in that sense. That nuggets beat the trail blazers. One forty seven. One forty in phoenix suns. Beat the lakers one. Fifteen eighty five slow down. Slow down say that last one a little slower. Say that last one of those slow. I like that once. They make suns. La lakers by thirty one. Fifteen eighty five nothing. I enjoy more than a texan La lakers fans and just say things. Like how are you thinking about you. Don't say nothing about the game to say. How are you thinking about you. Eighty play and he's still questionable for the next game. Oh not son. Son sons wrapping this series though liberal going on i ride all right what else we got you. Well let's talk about joe biden and tulsa oklahoma so he was here yesterday and was talking about one hundred years ago. What happened until so thirty. Five blocks of greenwood there were left in ash and ember The eleven hundred black homes and businesses that were lost insurance companies. That rejected claims of damage. Ten thousand people left destitute and homeless place in interment camps and how that still has not been rectified. He said this was a massacre among the worst in our history then he went on to discuss plans There are aimed specifically at helping black people with Economically today we're announcing to expanded efforts targeted toward black wealth creation will also the entire community the first is my administration has launched an aggressive effort to combat racial discrimination in housing that includes everything from redlining to the cruel fact that a home by a black family is too often appraised and lower valued in a similar home by but we know that already but we know what is he doing can say. Yeah we know red line and we know that black. The black community is cheaper in homes in the white community. We know that. How do we fix it. That's what's so frustrating. Like i don't even know why. Joe biden wednesday empty-handed he should you know signed some type of executive order saying he thinks this is what the agreement greenwood she'd be getting like. Don't come to grief and tell us what we already know you to president. Act like he was talking about different plans that he has some grants that are totalling. Fifteen billion dollars that will target neighborhoods where people have been cut off from job schools and businesses because it previous transportation investments and the american job clam will also invest thirty one billion dollars to support minority owned businesses. So that is all in that plan. And they're also going to publish to fairhousing rules as well as restore fairhousing definitions and certifications and reinstate the department's discriminatory ethics affects standard. He declared a new effort to address an equity and home appraisal. Like we just said and to combat housing discrimination So those are some of the things that he said he's going to do. Here's what else. Joe biden small businesses are the engines of our economy the glue of our communities. I'm determined to use every taxpayer dollar that is assigned to me to spend going to american companies and american workers to build mayor that build american products and as part of that. I'm going to increase the share of the dollars. The federal government spends too small disadvantaged businesses including black and brown small businesses. Right now calls for ten percent and move that to fifty percent of every dollar spent s. Sounds good so greenwood was just the backdrop for them like they didn't actually go there and present anything to the readiness of greenwood like the readiness agreement on getting any of their.
What A Day
"thirty one billion dollars" Discussed on What A Day
"On show. President biden commemorates the tulsa massacre with a plan to close the racial wealth gap plus headlines. But first the latest. Listen to this. This is the level of covid positively today new york city zero point eight three percent zero point eight three percent the lowest we've seen ever since the pandemic began all right so that's new york city mayor bill de blasio yesterday. He was really feeling himself. he is one of the many local officials who've been outright optimimistic. Even excited about the drop in cova cases and deaths throughout the country over forty percent of the whole us population is vaccinated in. Nearly every state will be fully reopened by the end of the month but for the rest of the world. The story is not the same so giddy. What did we hear most recently from the world health organization on that front. Yes at the end of the world health assembly on monday. The w. h. o. Director general tedros adhanom. Gabriel says character is. Is this quote. It would be a monumental error for any country to think. The danger has passed so kind of scary. Despite major areas of success in a number of countries in decline in cases and those rising vaccinations he also said that the current pandemic has provided more reasons for the creation of a worldwide pandemic treaty so the countries could hypothetically share information resources and more and more than thirty nations have reportedly agreed to this idea in theory and are in for discussing it later this year but before countries can prepare for what could or could not come next. They're still having to update what they know about kovic impact. So far for instance on monday peru released a new report determining that the country's death toll was almost three times its official count which means that the country had the highest death rate per capita in the entire world. Yeah so given that we were talking recently about a likely global undercount peru may not be the last country that finds this out. Unfortunately yeah. I think that the united states should probably brace for that reality But the world health organization also suggested new names for variants that are circling across the globe. What's the backstory there. Yeah they're basically trying to not have confusion over the really long and difficult scienc- names but also not lean into just calling the by the name of countries where they were. I found so instead. We are getting greek letters for each now. Why why did they didn't ask me. But i think that's a bad idea. I don't think everyone knows the greek alphabet. And i also think that there's more yeah. We submitted our proposal to the assembly. They clearly did not get it in time. But on that note seven the one that was first identified in the uk is going to be alpha and so on and so on from there and then the scientific names are going to remain. I guess for the scientists But the who is basically cautious here about fueling stigma against these specific countries where some of the known variants were found. And speaking of on. Saturday vietnam a ministry said they found a very transmissible variant that combined strains first detected in the uk alpha and india aka delta cool. Not much else is known about just yet. There is some belief that it is leading to the rise in cases they're seeing and now vietnam which was massively successful at seven. Covert at first is implementing. A two week lockdown approaching in city planning to test all the residents there. Yeah and then. Finally there are some developments in the vaccine front both in the us and abroad. Yeah i'm fully expecting the remainder of us hasn't been vaccinated. It's going to be entered into some kind of lottery now going forward. They're all going to be millionaires congrats on the future winnings to all but in all seriousness. Couple things here. Madeira has applied for full. Fda approval for its vaccine joining pfizer in that which could among other things make it easier for places to mandate vaccinations. Meanwhile the national institutes of health has started trials for booster shots and specifically testing the effectiveness of maybe mixing and matching vaccines with a third shot. We'll see maybe for other people. Nothing we we will definitely see outside the us somebody to keep a close eye on where in the world our surplus vaccines are going to go. So the deadline that the biden administration had set for sharing millions of doses was the end of this month. Meanwhile the ultimate fate of waving vaccine patents is still up in the air but then even without those us vaccines for now. The who authorized vaccine made by the chinese company. Sino vac for emergency use and that can hopefully assist in the overall global efforts so that is some of the recent pandemic news which we will get back to soon. But in other news akilah stateside present biden was tulsa yesterday for the hundredth anniversary of a massacre against black residents. There take us through what happened right. So president biden attended one hundredth anniversary. Event of the racist massacre and tulsa oklahoma's greenwood district over the weekend. Making him the first presidents take part in any events designed to remember and honor the fallen for much too long history of what took place here was told in silence cloaked in darkness but just because history is silent. It doesn't mean that it did not take place. We spoken about the nineteen twenty one massacre on our show multiple times but after the civil rights protests last summer. It seems even more important to discuss it now. Yeah that's right. So what was on the president's agenda. Okay so he met privately with survivors including one. We heard on capitol hill pushing reparations. A few weeks ago miss viola fletcher. Who is one hundred and seven years old. But more broadly he used the event as a platform to announce a proposal to close the racial wealth gap in the us. It wasn't especially detailed of an announcement but here are the highlights. Create an inter agency effort to address discrimination in the housing market overall. So that could be in regards to undervaluation of black homes being sold disparities and lending and unequal terms mortgage agreements. He went on to propose more federal spending with minority businesses and thirty one billion dollars for small business programs as well as ten billion dollar investment in support of disadvantaged communities and their infrastructure and finally he mentioned that vice president harris would be leading the charge for voting protections since so. Many states are disenfranchising voters at a record pace. Yeah they are like texas. I bet we're just this past weekend. Democrats were able to thwart a gop led bill to restrict voting rights at least temporarily. And that's exactly right but he also called out to nameless democratic senators who never seem invested in. Moving these initiatives forward. And i'll give you guess. Does it rhyme with bennema and lanson. I think so. We'll let the audience fill in the blanks. Okay so how was the reception to all these announcements then. Okay so the. Acp responded while they were happy about the plans to invest in the black community. Broadly they noted that student loan forgiveness would do overwhelming good for the black community as black students are disproportionately in that specific kind of debt. There's also the broader discussions of reparations. Which biden has avoided discussing time and time again but crooked producer at harare talked with tulsa resident and nelson outside of a church service last sunday. nelson said reparations. Should be the ultimate goal recognizing. The massacre is just the first step. I think that's a minimum of what we need to do. It should have been done to recognize the role that the city played but I also recognize that putting in proclamations isn't really doing the work. And i really like to see some teeth behind it and move towards some reparations and rebuilding of greenwood yes so on the one hand but on the other hand maybe it's time this country get serious about repaying the descendants of those murdered and displaced by white mobs and tulsa and soon after they can get to work on the back pay for all the work. The enslaved did building this nation's economy that we all participate in today..
Daily Tech News Show
"thirty one billion dollars" Discussed on Daily Tech News Show
"Privacy analyst absences posted tuesday that androids implementation of covid nineteen contact tracing made contact tracing logs of rotating bluetooth identifiers potentially accessible to preinstalled. Apps absences reported the vulnerability to google on february nineteenth with a google spokesperson saying the role of update to android devices began several weeks ago and will be completed in the coming days. Amazon announced several new fire. Hd ten models all shipping may twenty six the fire hd ten has a thinner design three gigabytes of ram and a brighter. Ten dp screen for one hundred fifty dollars the fire hd ten plus has four gigabytes of ram soft touch. Finish and wireless charging dock made by anchor and sells for one hundred eighty dollars. The fire kids pro is available in seven. Eight and ten inch versions with protective cases. Built kicks dan's parental controls and a year of amazon's kids plus service in q. One amd reported revenue increase ninety three percent in the year three point. Five billion dollars with earnings of fifty two cents per share both beating analysts expectations. The companies competing graphics business saw revenue up forty six percent to two point one billion dollars while its enterprise embedded and semi custom business including epic chips and game council. Silicon reported revenue of one point. Thirty five billion dollars up two hundred eighty six percent on the year alphabet beat analysts expectations and q one with fifty five point. Thirty one billion dollars in revenue and earnings of twenty six dollars and twenty nine cents per share youtube ad. Revenue increased forty eight percent in the year. Two six billion dollars cloud revenue jumped forty five percent to four point. Five billion dollars and other bet saw revenue up forty six percent to one hundred ninety eight million dollars but still saw as increase slightly to one point. Fifteen billion dollars as part of its q. Three earnings report microsoft reported lincoln's ad business generated over three billion dollars in revenue in the last year up over sixty percent of the year. The company also reported that microsoft teams now has over one hundred forty five million daily active users up ninety three percent on the year in its earnings report. Sony disclosed it. Sold seven point eight million playstation five councils as of march first twenty twenty one with three point three million units shipped in q. One company also saw playstation plus subscribers. Grow fourteen point seven percent to forty seven point six million while reported its second consecutive quarter revenue decline in q. One down sixteen point five percent of the year to one hundred fifty two point two billion chinese yuan. that's about twenty three point five billion. Us dollars this decrease mostly came from decreased handset sales following the spinoff of its on our brand back in november but the company also saw its profit margin increased to eleven point one percent due to cost cutting and generating six hundred million dollars from five g patent royalties bloomberg sources say that turkey plans to create a central custodian bank to regulate the cryptocurrency market following the collapse of the codex and bitcoin exchanges last week the government reportedly hopes to have a regulatory framework prepared within the next few weeks the us federal communications commission approved spacex. His plan to modify plant orbits future satellites for its starlink broadband. Internet constellation space x now lower the primary operational altitude of two thousand eight hundred fourteen of its satellites from eleven hundred to twelve hundred kilometers to five hundred forty thousand five hundred seventy kilometers to improve response times for the network arm now the neo verse v one and neo verse and two platforms with alibaba cloud tencent and marvel signed on his initial customers. Be one is meant for high performance computing machine learning and data centers. The end two is the first design based on the arm. V nine architecture and meant for general computing with high performance per watt ratio. Spain's council of ministers approved a request three year warranty period for companies that's electronic or digital goods devices or products in the country as general law for the defense of consumers and users this also requires manufacturers to carry spare parts for a period of ten years up from a previous five year requirement intel and microsoft announced a new method to protect windows machines from crypto jacking. With machines with intel's hardware shield and threat detection technology enabled integrated with microsoft defender endpoint to use the algorithm to analyze code. It can detect hyper visor. Vm or hidden os process and either neutralize or quarantine it. The consumer technology association announced the consumer electronics show will return as an in person event in las vegas in two thousand twenty two. Cas will officially run january. Fifth through eighth with media days on january. Third and fourth and finally microsoft commissioned five new sand sarah funds from different typeface designers to replace calabrese as the default and microsoft office tenor. Right beer stott schema seaford and grandview funds are now available at microsoft office with microsoft. Planning to one as the default but the end of twenty twenty two and don't worry caliber fans it'll still be available in office..
Daily Tech News Show
"thirty one billion dollars" Discussed on Daily Tech News Show
"Privacy analyst absences posted tuesday that androids implementation of covid nineteen contact tracing made contact tracing logs of rotating bluetooth identifiers potentially accessible to preinstalled. Apps absences reported the vulnerability to google on february nineteenth with a google spokesperson saying the role of update to android devices began several weeks ago and will be completed in the coming days. Amazon announced several new fire. Hd ten models all shipping may twenty six the fire hd ten has a thinner design three gigabytes of ram and a brighter. Ten dp screen for one hundred fifty dollars the fire hd ten plus has four gigabytes of ram soft touch. Finish and wireless charging dock made by anchor and sells for one hundred eighty dollars. The fire kids pro is available in seven. Eight and ten inch versions with protective cases. Built kicks dan's parental controls and a year of amazon's kids plus service in q. One amd reported revenue increase ninety three percent in the year three point. Five billion dollars with earnings of fifty two cents per share both beating analysts expectations. The companies competing graphics business saw revenue up forty six percent to two point one billion dollars while its enterprise embedded and semi custom business including epic chips and game council. Silicon reported revenue of one point. Thirty five billion dollars up two hundred eighty six percent on the year alphabet beat analysts expectations and q one with fifty five point. Thirty one billion dollars in revenue and earnings of twenty six dollars and twenty nine cents per share youtube ad. Revenue increased forty eight percent in the year. Two six billion dollars cloud revenue jumped forty five percent to four point. Five billion dollars and other bet saw revenue up forty six percent to one hundred ninety eight million dollars but still saw increase slightly to one point. Fifteen billion dollars as part of its q. Three earnings report microsoft reported lincoln's ad business generated over three billion dollars in revenue in the last year. Up over sixty percent of the year the company also reported that microsoft teams now has over one hundred forty five million daily active users up ninety three percent on the year in its earnings report. Sony disclosed it. Sold seven point eight million playstation five councils as of march first twenty twenty one with three point three million units shipped in q. One company also saw playstation plus subscribers. Grow fourteen point seven percent to forty seven point six million while reported its second consecutive quarter revenue decline in q. One down sixteen point five percent of the year to one hundred fifty two point two billion chinese yuan. that's about twenty three point five billion. Us dollars this decrease mostly came from decreased handset sales following the spinoff of its on our brand back in november but the company also saw its profit margin increased to eleven point one percent due to cost cutting and generating six hundred million dollars from five g patent royalties bloomberg sources say that turkey plans to create a central custodian bank to regulate the cryptocurrency market following the collapse of the codex and bitcoin exchanges last week the government reportedly hopes to have a regulatory framework prepared within the next few weeks the us federal communications commission approved spacex. His plan to modify plant orbits future satellites for its starlink broadband. Internet constellation space x now lower the primary operational altitude of two thousand eight hundred fourteen of its satellites from eleven hundred to twelve hundred kilometers to five hundred forty thousand five hundred seventy kilometers to improve response times for the network arm now the neo verse v one and neo verse and two platforms with alibaba cloud tencent and marvel signed on his initial customers. The one is meant for high performance computing machine learning and data centers. The end two is the first design based on the arm. V nine architecture and meant for general computing with high performance per watt ratio. Spain's council of ministers approved a required three year warranty period for companies that's electronic or digital goods devices or products in the country as part of the general law for the defense of consumers and users. This also requires manufacturers to carry spare parts for a period of ten years up from a previous five year requirement intel and microsoft announced a new method to protect windows machines from crypto jacking with machines with intel's hardware shield and threat detection technology enabled integrated with microsoft defender endpoint to use the algorithm to analyze. Code it can detect hyper visor. Vm or hidden os process and either neutralize or quarantine it. The consumer technology association announced the consumer electronics show will return as an in person event in las vegas in twenty twenty two. Cas will officially run january. Fifth through eighth with media days on january. Third and fourth and finally microsoft commissioned five new sand sarah funds from different typeface designers to replace calabrese as the default and microsoft office tenor. Right beer stott schema seaford and grandview funds are now available at microsoft office with microsoft. Planning to one as the default but the end of twenty twenty two and don't worry caliber fans it'll still be available.
Native Opinion Podcast an American Indian Perspective
"thirty one billion dollars" Discussed on Native Opinion Podcast an American Indian Perspective
"Need a tagline on everything. I'm tired of build back better. I'm tired of by american. And i sure as hell was tired of make america. Great again stop it. I don't need a tagline. Just get there s done okay. I don't need a frigging tagline on top of everything to sell an idea to me. You don't know i don't with the sales blitz for the infrastructure plan just beginning. The focus of the meeting was how the package can be relevant across the government as well as continuing to emphasize benefits. Biden expects from the one point nine trillion dollar kogo nineteen relief. Bill signed into law this month. Which is what. I was trying to remember last time again. Apparently the government doesn't have enough money to pay for repatriation efforts but it shelled out one point nine trillion dollars in cove relief. Bill the second. Go around the first one went to all big business because the government failed to put proper restrictions in place so at this point. They've committed well over three trillion dollars between the two countries. Get some of that. Yes it did but again those those those funds were earmarked for specific purposes. Not for things like repatriation efforts. There important like health but it was also miserably. Slow getting it back ending country. And i'm still concerned about that with the next. What is it thirty. One billion dollar earmark allocation the first one was for eight billion. This is the largest distribution that is supposed to be set for ending country in its history thirty one billion. Let's see what happens Cabinet meetings are cabinet and going back. The article cabinet meetings in the modern era are less about setting administration policy than ensuring that all the government agencies are on the same page say former officials the session. Also the sessions also offer presidents and opportunity to make their priorities and values clear. Deeper debates are generally reserved for smaller subject-specific gatherings of cabinet officials and senior advisor such as the national security council and the domestic domestic policy council. All that you know that completely makes sense you know because just does. But where are we in those types of meetings. What types of Subject-specific a gatherings refer to.
Native Opinion Podcast an American Indian Perspective
"thirty one billion dollars" Discussed on Native Opinion Podcast an American Indian Perspective
"Reconciliation by definition means a reconciling of two parties tribes. Have nothing to reconcile is upon the those that have offended the creation of country to repair whole and in part so you know to a certain degree the word reconcile is incorrect application when you apply the definition of it and to the situation so the chickasaw nation advise the anthropology and history The department of the mississippi delta that they had wished for remains and objects from their ancestors to be transported in muslin bags which will decompose and soil when reburied volunteers were recruited during the pandemic shutdown to make the bags at home quote. Volunteers knew that they were helping in some ways to bring these people home to put them to rest. Close quote cook said. The state is planning to launch a website. Nagpur dot m. d. a. h. dot m. s. dot gov not is up and running right now The week of april second browsers can peruse interactive maps and other resources. Documenting the repatriation process in mississippi. So good good. Good that that is that that is underway. But again as i mentioned it is a bigger problem More progress is needed I'm often troubled when i hear the excuse. One of the barriers to repatriation is funding. Yeah because if you think about it. Didn't they weren't worried about it when they went to dig people up. Well not only that brother but you know taking pages from very recent examples of expenditures by the federal government. You had the cares act. One trillion dollars committed and now the more recent What is it a. Why did i just shut off. What was the recent Congressional approval for somebody helped me and chat Give give a bunny and hope that go away. No no no no another another another stimulus package. I'm just. I can't remember the actual name the not the retailer. H one h one. No it was like it was like restore act or some some something like that. The government always likes to slap these these cute little titles on there but again it was another in this particular distribution amounted to something like a thirty one billion dollars earmarked for ending country alone No no no not a aarp thinks but but at any rate the bottom line is lots of money. That's been that's been You know budgeted and released to not only not only american citizens. Did you say aarp. Well that's what the aarp is what beth wrote and shot um american rescue. Act there it is thank you thank you thank you. That's what you meant by a are eight. Eight are a the american rescue act which was just recently approved by congress. And i forgot what the total dollar amount of that was but all this money can be earmarked for variety. Different things. But they're telling us that we don't have money to fund proper repatriation efforts.
Nvidia to buy UK's Arm, sparking fears of chip dominance
"Talk shortly about invidia buying chip company armed from. Softbank. The deal is worth forty billion and video said it will make it the quote Premier Computing Company for the age of Ai Invidia is best known for supplying ships at rendered images, video games, but it's so much more than Invidia has become sort of the power player in in this. Area and I know you're not a chip expert but this is the this is a critical company for a this this sermon, I wanna get into the idea of what it means for certain companies sort of owning a space and you just recently testified about single companies or or a small group of companies owning spaces, and how dangerous that is why it's It like this was a bit of an a for sale because bank has pledged to raising forty or fifty billion dollars in my understanding is they're they're not gonNA make a ton of money I think about bought this company that bought on for about thirty. Thirty or thirty, two billion just about three years ago, and they're getting a mix of stock and cash. What we interesting is it now I I've invidia. The, most impressive company I just don't know about its now got a larger market capitalization than Intel when I was in business school was considered kind of the most innovative giant company in the world. They've been blown by, and then what happens does apple still WANNA do business within video when they buy a competitor to their? To. Their chip designs so the chip bores looks like it's about to get more interesting and just. Greed. Company gets sold for forty. Billion although. That's a bit of a headline number. It was it includes performance in all sorts of other stuff that does about one point going timeout thirty times revenues, and then Invidia with A. It's got a three hundred billion on market cap with twelve billion in revenues I mean this stuff is just it as obviously very strategic that that literally exhaust might total knowledge of the chip-making space. Do you have any thoughts on this deal? Well, I think I think people don't realize Jensen Wong who's the CEO? Has had it sort of as quiet? Person WHO's super I tried to get him to come to co last year and removes like Oh chips the but I think it's really important to understand how powerful this company has become an how innovative it's bad. You know arm holdings was a designer of chips for mobile phones Softbank had struggled in this area Softbank was sort of into everything but bought it for thirty one, billion dollars a couple of years ago. So you know it needed money because of all the other problems it's having, and this is an opportunity for invidia but it's gone. It's gone well beyond mobile for. and it's it's in graphics. It's a it's been moving into self driving vehicles as an area that it's that it's moved into and so it's just it. Just it just says that you know it's going to buy up everything and like you were talking about all these opportunities that were that are a lot of the focus here is going to be on Softbank because it's been involved in so many deals that have sort of blown up whether it be. You. Know this this the overvaluation, we worker or other issues. It's been the the collapse of the Vision Fund and things like that. So a lot of people like to focus on Softbank because it's an interesting sort of ongoing traffic accident but really invidia is has quietly been. You know becoming the go-to Chip Company not just with graphics in games and things like that but artificial. self-driving another area it's moving into I. Think it's it's going to grow Internet of things and stuff like that and Softbank was just not able to do anything about it, and so I think you have to focus on invidia being on this sort of tear beyond where they started and I think people don't realize. It's one of these companies that you don't pay attention to very much like I'm blanking the other. There's another trip company that just is doing incredibly well, it's run by Lisa. Su That it's just there's there's all these companies that are holding incredibly powerful positions amd also on a tear that are very important to the future and so that you're right there's going to be a real focus on where the chip business is going.
Business Wars Daily
Despite the Pandemic, Airbnb Will Take the Company Public
"I'm Elaine Appleton grant and this is business worse daily on this Tuesday August Eighteenth David Brown is on vacation. There's no other way to say, this twenty twenty is a weird year and yeah, that's a whopping understatement particularly for the travel sector, the latest news and the beleaguered lodging industry. It looks like AIRBNB will go public before the end of the year. The multibillion dollar home sharing company has long been eyeing the public markets. Early, this year AIRBNB was planning its IPO even though twenty nineteen. had been a rough year to in the first nine months of that year and the company lost more than three hundred and thirty million dollars growth was slowing competition already rough was increasing from aggressive rival Expedia, which owns short term rental brands. We are be O- and home away as we reported here, last year the entry of Marriott into the luxury home sharing business didn't help either. When the pandemic hit things took a dramatic turn for the worse the company faced a Billion Dollars in cancellations its valuation dropped from thirty one, billion dollars in twenty seventeen to eighteen billion dollars. This April, the next month airbnb laid off. Two, hundred people a quarter of its staff. It also slowed down plans to expand into TV and transportation the verge reported. Things were looking dire enough that even though it had plenty of cash on hand airbnb chose to borrow money and take on new investment to get through the crisis in total. The company raised two billion dollars at what the verge called. The steep interest rate top executives cut their pay and the eight hundred million dollar marketing budget was slashed the New York Times reported. It all seemed like one gigantic headache I say O'Brien Chessy in his crew. And yet AIRBNB still plans to go public by the end of August. AIRBNB could file IPO paperwork with the SEC if it does shares could trade before New Year's. At first glance that sounds crazy. But it actually reflects a little good news for the travel business along with some dramatically new patterns of travel behavior both here and abroad what do I mean? We'll think about it if you were stuck in the middle of a crowded city, this spring or summer working at your dining room table, would you stay put? Beginning in May a certain number of US said Hell? No. They had a Derulo areas where they could rent other people's homes, AIRBNB bookings, both in America and overseas began climbing back from their black hole for the three weeks starting around Memorial Day vacationers reserved twenty percent more homes than they did a year earlier according to Bloomberg business was best far from the madding crowds in. June. Reservations in the countryside jumped twenty five percent hosts in rural areas earned more than two hundred, million dollars in that month alone payments DOT COM reported international travel is virtually impossible and of course many. Of US are still avoiding airplanes so more and more of us are taking vacations within two hundred miles of our homes about one tank of gas in many cases were also staying longer after all many people no longer have to get back by Monday to go to the office we just take our work with us in a meeting in July CEO Chesty expressed amazement at the rebound in bookings. There is something I never would have imagined telling you the New York Times reported a kind of defies logic, but in June reservations also grew at rival Vr be oh, the Motley fool reported. Optimists see these numbers as a sign of life for the travel industry as a whole but predicting the future of travel right now is best left to gambling halls AIRBNB is fortunes could change suddenly depending on the course of
Mac Power Users
The State of the iPhone
"Let's talk about the various apple platforms and we're we're GONNA do these state of a platform shows. We're going to separate them out by several months. We're not gonNA just like dumped them all on you at once but you know we want to talk about the iphone Mac. The I pat probably online services is a separate one but we just want to kind of talk about where apple's been and where we're going and kind of Grade them a little bit. I guess on how they're doing on these various platforms and today's the first one of those. Yeah I'd I'd love this idea because it's nice to sort of check in and see where where things are and kind of as a moment in time and what's what's kind of wild and thinking about this because we've been talking about all these episodes sort of as a block given that we're going to split them up over time just really. How mature some many of apple's products and platforms really have become an even something? Newer newer of doing air quotes like the Apple. Watch or the IPAD. They've got several years under their belt. Now you know the Apple Watch has been around for five years. The IPAD is coming up on ten and his mind blowing so it feels like a really good season to start this off. Yeah agree and you know. And the reason we're starting with the iphone is because the iphone is largely the big it is the biggest product that apple makes. It is driving the bus. I spent a few minutes on Google. And the first. There's three quarters of two thousand nineteen. We don't have the twenty twenty results yet but I'm sorry the fourth quarter results yet but the first three quarters the iphone sold thirty one billion dollars by by phone. It is fifty three and a half percent of apple's business. So it's over half of Apple's business. Although that number's going down it used to be even a higher percentage which of Apple's business and actually that's a good thing I feel like for those years that it was the rocket ship and it was almost all of apple's business. They spent all all their attention on the IPHONE and Mac and some of these other devices suffered and now. That's not true so they've got to pay attention to everything. Yeah I I have been totally fine with balanced being restored to the four syllable bit here. Do you WanNa talk about Star Wars. The iphone today. Sorry sorry sermon. Stay on target. And you can't talk like that. I'm sorry I'm sorry dangled in front of you all right. We should do something like that. I don't know when but we should just I like that Anyway Apple still very much. The IPHONE company and That's the big product. So that's the first state of a showy wanted to I do I don't know about you but for me. The iphone really was a mind bender when it showed up. I remember I. Don't I've said this on the show before I don't remember the the guy's name but there was a guy. He had a black turtleneck and pair of glasses and he did a bunch of introductory videos of the iphone that got released a couple days before the original iphone got released. At least you remember those I do. Yeah I mean they were apple videos there on apple's website And because I was thinking oh I don't have six hundred dollars to spend on the phone and watch those videos and it sunk in me. I was completely hooked. I think I've told the story before but deering thing. I was a apple retail employees. At the time the original iphone came out and was announced and I was actually on vacation during that macworld. Keynote visiting family in rural North Carolina and Virginia. So the I of course. There's obviously before the iphone so I didn't know what was going on until I got back like my aunt's house and she had dial up and like I check my email and had email from a friend of mine at the store just basically like holy cow. Can you believe this and I remember like on. My guess would have been a powerbook at the time. Trying to load like the apple dot com slash iphone webpages which like full of graphics. I remember they were black. Lack look really cool and it totally blew my mind and this is used a newton for a long time and used a palm trae. Oh that was actually my current phone. Be Right before the iphone so I was sort of hipped the idea of of a smartphone or something that you carried with you. An ultra portable. We'll device but that first iphone seemed like it just like it came from the future and just had landed here in the president of a sudden. Yeah well I I mean me. I don't WanNA dwell on the past too much but at the time I had a a palm tree. Oh Yeah No. It wasn't that was the one they're back then but I had totally turned it into to a Mac. I had like downloaded apple icons and I had basically hacked the thing to death so it was like a MC- you know. The it looked like a AH Macintosh if you look at the screen you know it was great and so I was. You know I was interested but it was expensive than than I saw those videos and then I was sunk and and that was the start of a beautiful relationship. But you're not the beginning apple really. It changed the world in terms of phones. Nobody headphones and touchscreens. And nobody headphones with an actual working browser. I mean. I don't know if you remember. But the palm treo browser was It was terrible. I'm going to say a word. But they would get us. We'd lose our CLEANTECH. It was real bad it was it was it was I think. Jobs calls in a keynote like the baby internet. It was not good. I remember you go to a website and I see a couple of words like usually the links would show up but just as plain text and it was just like it was it was terrible but You know in fairness Internet was a lot slower in the radios or slower and all that but it was it was terrible and so apple comes out with this phone. I remember reading a little later about a meeting at blackberry. Act Berry where they had. The iphone brought it into a board meeting and somebody threw it on the table and said this isn't real there. They you know like they didn't even believe it was possible. Both which is why they lost but anyways so apple made this phone and they had this huge lead over the entire industry but that was is a long time ago and now Google is in there making great operating systems last week. I spent several days with Google phone knowing that we're making the show and just to see what was going on on that side of the fence. I don't I don't go over there too. Often they're very good phones in the operating system is not you know. The dumpster fire was years ago. So how is apple holding up and that's something we want to talk about today. Yeah it's amazing that in the period media time since then that it has become not only completely normal to have something like an iphone I keep current android phone Having something like that with you but just it. It is hard to overstate how much the world has changed because of these devices like I don't thank you can't overstate it. Because it has created entire industries it has equipped people to do things that weren't possible before it's it's really in the in the world. There's few things that hold that sort of power I think over culture yet. It's created industries and has destroyed them as well and in the You know and I feel like I'm an enabler on this technology but at the same time if you listen to the focus podcast. I'm really aware of the attention. Deficit problems assumes that can result from having the Internet in your pocket and yeah and actively trying to help people not get sucked into that black hole but I mean so it really right. The the iphone changed. Everything I mean. In a lot of ways it may be a more momentous events than the personal computer was. Was You know when we first started getting maximum. PC's and Atari back in the day. I mean I think this is certainly affected a bigger percentage of
WBZ Morning News
Chinese e-commerce giants report booming Singles Day sales
"To you more than a half billion people in China are expected to be glued to their computer screens today it is singles day and it's under way it's the world's largest online shopping sale a million new products are up for grabs he Kerr McGee commerce giant Alibaba kicking off the event this morning and get this so far has raked in a record thirty one billion dollars in sales annually singles day racks up bigger sales than Black Friday and cyber Monday
Todd and Don
Apple's financial results: Learning to sell the iPhone - sixcolors.com
"Hour, but has Apple's icon. I phoned seen seen its maximum potential. That's the question some are asking following the release of Apple's second quarter financial reserves results apple has reported quarterly revenue at fifty eight billion that's down five percents from the same quarter last year in the tech giant said, it's crucially important services division, hit an all time high of eleven point five billion while I'll iphone revenue came in at thirty one billion dollars year over year. Even though the iphone still makes up about fifty three percent of Apple's entire revenue. What's next for this icon Iconex smartphone for from the tech side of it? What
Apple is finally moving beyond the iPhone as the smartphone industry stalls out
"Right. Well, let's start with the with with apple now. The last time we had John was right after their big the big the big announcement with all the movie stars. And you know, an all the services and all that stuff. They and they are betting on that under bending on their services the future of the services. Correct. Yes. I mean that really is going to be what makes up the difference for the slowing high phone sales that continue to be a problem for them. Okay. So what do they what are they focusing on? Now. Yeah. So what we got? We got earnings report on Tuesday, and it for example, iphone revenue fell seventeen percent year-over-year, which is is not a small percent at all. And one of the things that really made the different travel and actually ended up saving them here where their services doubts like I cloud, apple music, the app store and also the wearables right stuff like the apple watch. So it's really interesting to see that already. Apple is going to all these changes rather dramatically, and they say that Indiana, it's going to be fine. But this this in between period where we had apple news plus launch back a month ago. Right back in March and their new apple TV, plus compete with Netflix, and Disney and all these people it's not out yet either. It's apple arcade gaming service. Those those coming later this year. So it's going to be interesting to see how much apple changes. And remember there. I still wanna sell us iphones. Right. It's not going to be the big thing about them all the time anymore. So it since the iphones have fallen a little bit on hard times. Is that is that what's happening? Well, it you know, I would love to have Apple's problems. Yeah. Yeah. Really what it is is that anymore right in this case it actually drops. But they're still details of the iphones thirty one billion dollars for the quarter that is larger than most companies on the plan. Sure goes, you know, why some people look at this and they doom and Google, right? This is a really bad sign for apple and the future may not be good. A lot of other people that they well, wait a minute. You know, they're still huge company. They got opportunity to change. The obviously see that they need to change how they do business to succeed and to consider it continue going on and they're doing those efforts right now. So maybe it all turned out. Okay. And you know, everyone would be dead against apple typically end up going barley. So I'm not going to bet against the services that they are that they they they they're planning. And then are offering heavy announced one of the major things that people complained about for that for the presentation the last time, we talked was that you know, they announced on these things, but didn't have a price. For many of them are subscription rate or any of that stuff. Have they decided on that had they updated that at all? I wish. No those numbers. I will bet you right now. I think this is a pretty safe bet. I don't think we're going to get the pricing until September. And the reason is that the big iphone type, right? So you know, it would make sense that they would wait until September. When they have the big ones. Right. Maybe they'd bring out Oprah again. And we'll get to find out how much money they want from us. They really interesting though in the time between Apple's announcement. And now we've learned that Disney wants to charge for Disney and that service, which by the way, you have to remember the company said, they're betting company on this. This is no minor thing. They're streaming service is these insurance Disney, and one of the things they said is that it's gonna cost you seven bucks a month that is vastly cheaper than Netflix. Yeah. And it, and I think it also cheaper than what some people thought apple TV puts my I'm curious. I'd love to be. Fly on the wall where they're trying to figure out what the price is. There's actually rumors out there that is you subscribe to several of apple services. Like, let's say you buy my cloud, and you get apple music might get apple TV close for a cheaper rate or maybe for free. So there's a lot of rumors about how they're gonna maybe play with this to get you interested in you know, that you enticed into paying the money. I'm really curious to see outweighs out. Yeah. Seven dollars. That's that's a fantastic rate for. Right. Yeah. Especially if you're a parent, and you know, you are you're in the middle of the the Disney run up on of every maybe the red. Yeah. You you that price looks
Apple Q2 FY 2019 Earnings Report: iPhone Struggles But iPad And Services Expand
"But first to our top story. Of course, it's apple shares rising in after hours trading. They're all let me find the sun on the company. Second quarter, earnings report the filmmakers continuing his transition to a service company with revenue in the country reaching a high of eleven and a half billion dollars. Remember, Apple's launching a plethora of new services like streaming video video games improve new subscription instill its biggest revenue driver, though remains the iphone which demand stabilize to thirty one billion dollars. But that's still a drop and remember disappointed the -nificant in the holiday quarter more on these results. I want to bring in Cambridge from Cambridge Massachusetts forest. Principal analyst Judy ask is with us. Julie. I'm so interested by these numbers because share price is big movement after hours because it was a beat. We gotta remember. Yes, they're beating on the share that beating on their revenue. They're giving us a big dividend share buybacks, but these are still falling revenues fillings earning. Per share foreing. I phone sales. So it sounds like another born quarter for apple they continue sort of like, it's the same news every quarter, no more. Seriously. I think the things that you can look to that are very strong is their installed base continues to grow service revenue continues to grow. And so it's still a very strong story for apple despite all that. Okay. So talk to us about the real strength. Is it all about the services really is starting to go? They cool it a record quarter in terms of the sevices number eleven billion. Yeah. So I think we'd expect to continue to see record quarters. And I think also while the hardware business is still the core of apple a lot of the upward growth is still going to have to come from services. There isn't a next if device there isn't the smartwatch or the home Pau or something else that I have to have. So we're still to a large extent relying on the smartphone smartphone upgrades. But then a lot of the growth is going to come from services. I think that's where you're gonna see more revenue per consumer as we look forward, and it will give their install base being what one point four billion news. I mean is this enough is this do we worry in any way that that base might erode when we have such composition in high end device areas such a such as Google pixel such is while they for example, they are so integrated that they keep that use the base on the services really does then heavy lifting. Yes. I do believe that apple tends to have a very loyal base of consumers. And I think what's difficult. Here's you can't parse out that one point four billion. So as consumer as Julie how many devices do I own versus how many new customers are they bringing into the apple ecosystem because certainly the value the services, and the value of the devices goes up the more devices that I own and so both of those numbers need to continue to grow for apple. Okay. Some of the interest, of course, from this results is going to be focused on China because they tried to to certain extent blame all of that problems on China, particularly the falling iphone sales. Once again, China is the weak point was seeing down about twenty percent. I think in terms of hero via sales in how much of a worry is it that China's seems to be not quite the growth focus that have been. So I think it's always somewhat of concern because it's the largest market in the world. Certainly there's a very strong competition from the local players in the Chinese market, but bigger picture when we look at where new smartphone sales are coming from. They're gonna come from economies like China and India, Indonesia, Nigeria other large companies and is going to be harder for apple to compete at their price points versus some of the local players some of those in the Android market. So it's always going to be a tough road there. I'm what about Judy as much as potentially the fundamentals at play here. But we do look them giving more cash back to the investor base that doing mole shed buybacks big dividends. But they still got an enormous cash pile. How do you wanna see that put to work? Yes. So nothing financial advisor or an analyst. I probably have not the right person say how they should put that the work. But I think if they had better product ideas, and one of the things I would say right because the next thing we'd be the services, there's only so much money that you can put at services because really there's a lot of the pendency both on developers to create services on top of the platform. And there's a lot of runway for developers to go. And then they're also very dependent upon their ecosystem partners like signing up more partners within the payment ecosystem, getting more content. And so it's not as if they can just throw more money at services and magically make that number grow their so dependent on their partners to do that unless they make some very different decisions about content so forth. You're right. It's interesting hearing from Tim cook on the cool at the moment in our life blog, which is a Bloomberg offering that shows all the latest news coming out of the cool Monka reporting cook his out with the superlatives calling the ipad quota was a blockbuster and praising the apple. Bush, but not saying the company's culture is that of flexibility, adaptability, creativity longtime thinking is apple on. It's very cool adaptable enough flexible enough to decide it's of services company over and above a hardware company. So I was given their track record today would say the answer is. Yes, I think they're also in a position that you could say is similar to some of the other large hardware manufacturers. And if he would compare them to some of their largest competitors. I would even argue that they're further ahead in the services space for a company that's still generating the vast majority of their revenue from hardware. Great perspective coming from I studios. We thank you very much. Indeed, she's going to have more for us. Apple later
WSJ Tech News Briefing
Netflix Fights to Keep Its Most Watched Shows
"Support for this podcast and the following message. Come from Deloitte, a global leader in digital transformation helping clients apply. Technologies like cloud an AI to their unique business challenges Deloitte got com slash look again. This is tech news briefing. Im Tanya boost owes reporting from the newsroom in London. And for one streaming giant. Will it all come down to a TV show like the office because question does the prospect of not being able to watch the office or friends constantly disturb you to your core? You're definitely not alone. As Netflix fights to keep its most watched shows the journal makes the case for why it's about to have a recurring headache on its hands. That's after these tech headlines. Five G users can go out and buy a couple of expensive coffees for the time being to max because Reisen won't be charging that ten dollar monthly fee for now for as and turned on five service earlier this month in parts of Chicago and Minneapolis saying at the time that it would waive a ten dollar monthly fee for just three months. Analysts have since given mixed reviews of the service fast-forward to Verizon now hitting the pas button, it will waive the fee in markets where the service would launch next as well. As in cities where rollouts have begun Vries and plans to roll out five g service and parts of twenty additional cities, including Phoenix, Detroit and Providence Rhode Island by the end of the year. And the journal says one company may emerge as a billion dollar competitor to Airbnb Airbnb, of course, made strides against travel industry incumbents, but it is now facing its own competition from an emerging group of startups. One of them is saunder an operator. Of rentals markets place for travellers, and it's close to completing an investment round that would value the company at about one billion dollars like Airbnb saunder operates a platform for renting homes for short term. Stays unlike Airbnb saunder takes possession of leases and maintains the properties on its marketplace, including furnishing them the journal says investors, including some who missed out on the opportunity to invest in Airbnb. See a big chance for startups to challenge the incumbent hotel giants and Airbnb which itself is plotting an initial public offering will be one of the stock market's biggest tests the company's last private valuation was thirty one billion dollars coming up how net flicks fights to keep its most watched shows support for this podcast and the following message. Come from Deloitte, a global leader in digital transformation helping clients apply. Technologies like cloud an AI to their unique business challenges Deloitte, God com slash look again. Netflix says a growing problem on its hands three of its biggest programming suppliers. AT&_T's Warner media, Walt Disney and Comcast's and B C universal are entering the streaming world. And if that angry mob of friends rerun enthusiasts of earlier this year are any indication. The public's universal message to Netflix is clear don't touch my shows. The Wall Street Journal's a mold Sharma explains. This is a looming threat. I mean, Netflix says, you know, to be clear in a really strong position right now in the entertainment industry. They have nearly one hundred forty nine million subscribers of spending more than everybody, it seems on programming and they have all the momentum. But the fact is that the majority of time spent viewing on that flex is on old shows reruns most of which are made by rival studios, and those companies are are now all launching their own streaming services, and they're going to want some of that content back as it as. These contracts come up with NBC universal launching its own streaming service in twenty twenty net flicks. And the rest of the world may soon have to contemplate life without its number one show. The office at surprising to a lot of people to find out. The office is actually the most watched show on Netflix in terms of time spent it's number one the data shows that the is number one. But it's three percent of all viewing friends is number two. And, you know, the leader board of the top ten is dominated by these classic shows or just shows that are perhaps still on television like NCIS, but the old episodes are watched a lot on that flex you know, that that was one of the surprising findings of his data that we got our reporting for that previously mentioned growing video streaming space. It's about to get a lot more crowded and soon already net flicks is up against Amazon and Hulu in some others and streaming, but you're gonna see Disney enter the market with with a seven dollar a month service that they've already. Done talking about AT and T which owns Warner media. They're planning one that will be built around Warner Brothers and HBO content. They haven't talked about the pricing of it yet. And that should be coming later this year. And then Comcast which owns NBC universal is planning yet another service, which will house its content in that they've released also very few details, but they are they are the owners of the office. So they are the ones who NBC universal is already considering should we bring the office back. And what would that mean? Of course, they're paid a lot of money by net flicks for that show. So there are a lot of questions they'll have to answer. But those those are the the new players where that leaves shows like the office and our other dependencies that come in the form of TV reruns that's up to net flicks. The first test of this was when the friends deal came up Warner Brothers had licensed friends to net and last year that deal was coming up net. Flicks. What they did was they. They basically paid more money. They triple the amount of money. They were paying for friends to keep it for another year. And so it showed that Netflix is aware that these properties are valuable that they're going to probably identify those that they think are really important to their viewers and possibly pay much more to keep them in some cases, and share them and share them with these other Hollywood companies like AT and T and Comcast Disney that are launching these new services. So that was the first test, and we could see more of that more details. Head to wsJcom that does it for the technical briefing for the Wall Street Journal on tiny boost. Just thanks for listening.
Marketplace Tech with Molly Wood
Tech IPOs were set for a comeback, then the government shut down
"This marketplace podcast is brought to you by Amazon web services. Whether it's searching for life on other planets or helping enterprises reinvent their industries AWS helps technology scale to meet the challenge. Learn more at AWS is how dot com slash podcast and by triple bite applying to programming jobs can be a pain from endless applications, countless hours of technical screens with triple bite. There's a better way, you do one online interview. And you get to go straight to final interviews at hundreds of companies apply now at triple bite dot com slash marketplace. And if you take a job through triple by the offer, you a thousand dollar signing bonus triple bite B Y T E dot com slash marketplace. Tech IPO's were about to make a comeback at long last, and then the government shutdown from American public media. This is marketplace tech demystifying the digital economy. I'm Molly would. It's been a big story that tech companies have been staying private longer. And there are fewer and fewer tech IPO's. It did seem like the drought was lifting at the end of last year. Uber and lift filed for initial public offerings. There were rumors that Airbnb Pinterest and slack might finally pull the trigger this year, but three weeks into two thousand nineteen and the securities and Exchange Commission isn't picking up the phone the SEC, lawyers and accountants who work on PEOs are shut down along with the government. And if this shutdown goes on much longer, the big names might be fine. But it could chill the whole tech IPO resurgence. Let's dig into this and quality assurance the segment where we take a deeper look at big tech story. Cordray Bush is a reporter for the Wall Street Journal. She writes that when it comes to IPO's timing is everything you think of quote, unquote, IPO windows, and do you think of that as a time when the stock market is doing well when there's not many big stock swings. When there's not a lot of political risks. So that's what a lot of people thought this first half of twenty nineteen was going to be a really good time and anything that delays that pushes them back from that could be problematic. How does this affect a company that's smaller than Uber or lift if there's a smaller startup that is hoping for an IPO to really raise a lot of capital. So that's where it's more concerning and everyone we've spoken with points to biotechnology companies is really those that are most at risk right now. Biotech companies burn through cash really fast trials are very expensive. And you need to have a lot of trials before you can go back and forth with the FDA to get your drug approved. So besides the fact that the FDA is under the shutdown partially as well. So they can't even talk with the FDA biotech companies from our conversations are. Are most eager to find either a workaround to be able to try to go public unreas- money, or they're the most desperate for the shutdown to end are there long term consequences to putting IPO's on pas like this. Some of the biggest concerns over the past several years have been that we just don't have as many public companies anymore. And folks that we talked you said as the shutdown continues companies that were planning to go public. It's more impetus to choose these other routes when companies are filed for very long time of its talking to someone who was saying when they're sitting just waiting for an IPO all of their financials are available. If somebody wants to look through SEC filings that could make them ripe for the picking for 'em in a committee them right for the picking for other private financing, the keeps them private longer or maybe something's going to change in their operations in. That period of time, which then they don't feel confident going public. Corey Bush is a reporter for the Wall Street Journal another problem here when the government finally does reopen the SEC will be buried in filings. It could take months to dig out from. And now for some related links. Not like, it's so easy to be a public company though. And on that note, I have some things to say about net flicks it stopped yesterday. After it reported mixed earnings and said, it might make less money in the first quarter of this year. And what's crazy about that is how the entire stock market and Wall Street where rejoicing just a few days earlier when Netflix announced price increases for its monthly subscribers which got me thinking, did it not occur to anyone that the reason Netflix is raising prices is because it needs the money making TV and movies is super expensive, no amount of cheaper cameras or reality TV or YouTube has changed that. And that's basically what Netflix said in its earnings report that the costs of creating higher quality original shows to fight off HBO and Amazon prime and Disney are high and getting higher the company that eventually wins. The streaming wars will be the one with the most cash, which is why it can. Continues to be a mystery that apple is taking this long since it has the most cash. Hey, you know, what apple could buy with its huge stockpile of cash and turn it into a streaming service. For original content. Snap snap is like the company that no one can really even be bothered to write about that much anymore. Even though it seems like every executive who walks through the door. They're immediately pulls a u turn and walked right back out again and snap was valued at thirty one billion dollars. When it went public in two thousand seventeen and now it's down to like eighty billion dollars snap is currently one of the most heavily shorted stocks on Wall Street. You don't want. Nevermind, apple maybe this is not a good plan. I'm Ali would. And that's marketplace tech. This is APN you trust marketplace to cover more than business news. You rely on us to connect the dots between complex economic issues. And why they matter to you to keep public service journalism going, strong, please go to marketplace dot org today and become a marketplace investor with a donation in any amount, we appreciate your support. This. Marketplace podcast is brought to you by triple bite applying to programming jobs is a pain from endless applications to countless hours of technical screens with triple bite. There's a better way, you do one online interview. Then you go straight to final interviews at hundreds of companies from tech giants like dropbox to exciting startups. It's kind of like the common app for software. Engineers know resume needed apply now at triple bite dot com slash marketplace. And if you take a job through triple by the offer, you a thousand dollars signing bonus that's triple bite B Y T E dot com slash marketplace.
Buying clothes online is about to get super weird (The 3:59, Ep. 488)
"Welcome to the three fifty nine. I'm Ben FOX Rueben Joni salesman. Something called the Zo suit. May usher in the future of online apparel shopping. It's a polka dotted spandex suit that allows folks to create three d images of themselves in their homes than use that data to order custom fit clothing through the website. The suit is just one of several new efforts to develop three D scanning tech to get better. Measurements of you. For instance, Amazon last year bought the three D scanning startup body labs. There's also this company called naked labs that will sell you a fourteen hundred dollar three D body scanner to like for weight measurements. What do you think of this stuff? Would you use any of this? Well, it depends. I mean, there's a lot of areas we're talking about. But the those suit PETA sounds like an interesting position. It's kind of low low commitment. You get the suit song as you can commit to putting this really weird bodysuit on measure. Then the idea is that you can buy t shirt that's perfect for you genes that are perfectly fitted for you for like the price that genes normally costs right like something like fifty eight dollars for jeans, the t shirt was a little more expensive. It was like twenty two dollars. But the idea is to do custom fitted clothing and do it through online which like apparel is growing very quickly online anyway. But a lot of retailers obviously, understand that if they can get better measurements of you. They'll be able to sell you more stuff. One of the concerns that I think people may have about all this is like what about your data? Like, do you think people will be pretty concerned about having their body measurements being controlled by somebody like, Amazon or Google? I think a bigger hindrance will be people. Just not liking having the look at a picture of like their body this disengaged from it like when you can't suck it like the like, you can't suck. It can't like angle yourself because it doesn't matter. I think that's going to be. Something that just settles people that's unsettled people more than like a company knowing it. But it's true. Like, you could probably be worried about a company knowing such intimate details about you, you you were telling me before the show also about this thing called a volume metric evalu- metric scanning specifically for entertainment as well. Right. Yeah. Volume to capture so it's like imagine in the matrix where they jump in the air, and the camera moves around Posner is I like that idea, except it's become more accessible as it becomes more accessible still you could take volume metric video yourself walking up and down a straight line, and you could superimpose clothing from runway onto you. So you could see what cling looks like on you before you even have to have it made and shipped to you some of that sounds pretty interesting. But yeah, I'm still a little unsure about the data stuff next up. Amazon said it'll soon start selling more apple products directly and have access to Apple's latest devices which include the ipad pro and the iphone ten are actually pronounced that. Right. This time. This could be worrisome for other retailers especially going into the holiday season. And it was on worrying to all retailers, isn't it? I mean, that's absolutely played answer. Yeah. And the other thing that I thought was interesting about this announcement was how lousy Amazon selection of apple products was already like if you go try to find some of the newest apple products on Amazon, you basically you're stuck through as these two come together that the thing that kept them before before before apart before was on the side or on the side like which one is really hard to say a lot of people raise the issue of why. Now, why did this happen now? And like it's really hard to say. But obviously, it seems like both of them should benefit the third party retailers that have been selling. These products will probably not benefit there's bad for that big caveat to the inventory that apple inventory. That'll be on there. That is absolutely right. The home pod will not be included. Thank you very much for mine. Minding me off that last Alibaba singles day took place over the weekend and set a new online sales record big surprise. They're hitting thirty one billion dollars in sales in twenty four hours just as a comparison Amazon prime day raked in estimating two billion dollars last year's black Friday. Br black Friday broaden, this is US only but five billion dollars. Yes. That's that's all the money. If you want to read more about these stories, check them out on CNN. I'm Ben FOX Rueben Johnny salesman. Thanks for listening.
Prostate Cancer, PSA and Dr Charles Snyder discussed on Reimagine America
"Using the PSA blood tests to screen for prostate cancers become a controversial proposition. Dr Charles Snyder and tells us about a new recommendation, PSA or prostate specific antigen is high almost all men with prostate cancer. PSA could also be hired other prostate diseases, particularly benign prostatic, enlargement common an older, man. A British expert tail allies five major clinical trials of PSA screening. They conclude PSA screening
Trump tells Apple to make products in U.S. to avoid China tariffs
"President Trump agrees with apple the potential tariffs on Chinese imports could drive up the cost of Apple's products. But the president says the company could fix the problem by moving production to the US meantime, correspondent micrometres reports China's trade surplus with the US is at a new record, according to customs data China's trade surplus was over thirty one billion dollars in August, which is a new record and about three billion dollars higher than it was in July. The US is China's largest export market and its surplus in the US has risen nearly fifteen percent this year. China's exports to the US continue to accelerate despite President Trump's tariffs in August targeting fifty billion dollars of Chinese exports. Meanwhile, China's imports from the US grew less than three percent in August. Which is a slowdown from about eleven percent. July
The Endurance Sports Network with Bob Babbitt
China's record trade surplus with U.S. adds fuel to trade war fire
"China's trade surplus with the US is at a new record. Customs data released today says China's trade surplus whereas over thirty one billion dollars in August. That's a new record in about three billion dollars higher than in July. By the US is China's largest export market and its surplus of the US has risen nearly fifteen percent this year. China's exports to the US continue to accelerate despite President Trump's tariffs had August targeting fifty billion dollars of Chinese
The Truth About Money with Ric Edelman
China's trade surplus with US hits record $31 billion
"China's trade surplus where the US is at a new record customs data released this week says China's trade surplus was over thirty one billion dollars in August, which is a new record in about three billion dollars higher than to lie. The US is China's largest export market at its surplus in the US has risen nearly fifteen percent this year. China's exports to the US continue to accelerate despite President Trump's terrace in August targeting fifty billion dollars of Chinese
The Fandom Podcast
Margot Robbie Will Return as Harley Quinn in 2018
"Think that was in like earth two or something like that but so she's also been black bat so a member of the family she is she i mean that's fine i how much detail you to go into that i accept your he's a member of the bat family that's that's that's what that is that's i was just wondering if you're gonna be like oh she was the fourth bat robin i don't know what i know i think you think it's definitely brown i don't know that she was the fourth but she was the female brian i i said bat robin so i don't know anyway also in this thing says that the villain is going to be a batman comics villain who has never before appeared on the big screen which okay so it's not poison ivy because there's a lot of people who sheep harley poison ivy that doesn't mean she's not in this that doesn't not in it but but the but the villain where we last saw harley quinn she's not going to i highly doubt the movie's gonna focus too much on queen ib relation
Bloomberg Daybreak: Europe
Japan, EU to sign trade deal eliminating nearly all tariffs
"Management one time on Tuesday may. Will add to. The appearance of crisis asking members of parliament to vote to start their summer vacation early it's harder for them to plot against the. Prime minister when their colleagues from parliament in, London Thomas penny Bloomberg daybreak Europe leaders. Of the European Union and Japan or, signing a widespread trade deal in Tokyo today eliminating nearly all tariffs Bloomberg's Chris Anstey. Explains. This comes as the US throws up barriers reducing. Tariffs, on Japanese cars headed for Europe, and European agricultural products such as wine and cheese headed for, Japan Prime Minister Shinzo and his European counterparts are expected to highlight how the deal stances a statement of. Confidence in the principles of free trade in contrast to. The, unilateral protectionist moves by US President Donald Trump in Tokyo Chris Anstey Bloomberg daybreak. I'm Warren Buffett keeps making good on his promise to eventually give. Away all his shares in Berkshire Hathaway buffet just gave away. Three point four billion dollars to five charities among them the Bill and Melinda. Gates Foundation so far buffet. Has given away Berkshire stock valued at thirty one billion dollars global, news twenty four hours a day on Aaron at take talk on. Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty. Countries I'm, Markus Karlsson this, is Bloomberg guy hey with the European sports usually England's quickest will to wrap up a, one day international series. We, Inova India laser they go into the deciding match Headingley locks, at one all inside convincingly, beats India at Lord's on Saturday to level the contest after being, thrashed by the, tourists at Trent Bridge Welsh title winners the new saints will lead to do something spectacular to reach second qualifying round of the Champions League. Tonight's therefore kneel down head against the home leg That's. How it Macedonian side scan Gandhiji Northern Irish champions crusaders are in an even worse position they start their second leg with new duress. Trading seven nil ranges attempts, progress to the second qualifying rounds of the. Euro per league later Stephen Gerald, side a up against cheapie heading into the second leg of. That tie in, Macedonia and, Chris Wray and we'll look to make up some, grounds cycling's tour of France regimes this morning offer arrestee before time champion heads to the outs one minutes and. Forty seconds behind..
Morning News with Manda Factor and Gregg Hersholt
Tax automation company soars after Supreme Court decision on taxing online sales
"Well the losers are shopping alex because their prices are gonna go up the winners our state budget directors you're gonna see a lot of money flowing into the coffers states and you know it's funny within the last couple of months a couple of windfalls at the states remember sports betting was approved that puts billions into the pockets of state and local governments as well so they're the big winners all right royal thanks for shedding more light on that for us abc news legal analyst royal oakes of course amazon has more than just a presence here in our state and it was back in november of last year that they introduced what they call the marketplace tax collection service to automatically collect and remit sales tax on behalf of third party sellers in our state was the first to use that service at it started on january first other stories we're keeping track of this morning the european union may slap new taxes on a whole range of american products starting today the response to president trump's tariffs on foreign made steel and aluminum sold in the us is aimed at such only from america products as harley davidson motorcycles peanut butter and kentucky bourbon european officials say they will drop the taxes if the us removes the tariffs the weather making news heavy rains in south texas forcing people to evacuate flooded homes sixteen inches of rain have fallen in the border town of macallan texas since monday turning streets into rivers and submerging cars and then there's high heat and winds that have gotten fire crews across the west on edge for the next few days in south western colorado a red flag warning is in effect all day today because of strong winds that could fan the flames of a wildfire burning komo news time five fifty and here's the propel insurance money updates according to a new study from korn ferry wage inflation could add an extra five hundred thirty one billion dollars to us corporate payrolls over the next twelve years as companies compete for a limited pool of highly skilled workers korn ferry says the global supply of skilled workers such as data scientists and engineers will fall short of demand by about sixteen percent leading to pay premium for those workers a big winner in the supreme court's decision to let states require online retailers to collect sales taxes could be newly public seattlebased avalon it makes tax compliant software the tight many smaller merchants may now need laura went public last week at twenty four dollars and following the supreme court ruling soared thirteen percent the company now sports market cap of three and a half billion dollars that's your money now jennifer kushinka komo news we could see some upward movement on wall street this morning based on the futures contracts the the dow futures are up one hundred twenty one points that's about a half a percent rise five fifty one that means a coma traffic update is next to the.
Apple iPhone won't see tariffs amid China trade tensions: CEO Tim Cook
"Microelectronics leading losses in europe stock six hundred williams zarate is chairman of the american chamber of commerce in china companies are concerned companies are diversifying their supply chains and before any tariffs on china there's already been a little bit of a softening of the market shing composite finished the day down three point eight percent while the hang seng and hong kong closed down two point eight percent meanwhile the trump administration has reportedly told apple ceo tim cook that it will not place tariffs on iphones which are assembled in china that's according to the new york times which says apple is concerned that beijing lower tallying ways that could hurt its business you people's bank of china is using both money and words to try to ease market concerns the central bank injected another thirty one billion dollars into china's economy today combined with funds it added earlier this month that's an injection of sixty two billion dollars so far this month former us treasury secretary larry summers is weighing in on trade concerns he spoke exclusively to bloomberg from the european central bank conference in portugal freed war is not likely to be large enough that it's direct effect damage the economy profoundly but its psychological effects if that's an increasing uncertainty could be very serious and we're certainly getting later in the cycle of escalation larry summers also warrants at the world's biggest economies are badly equipped for another recession the trade talk has left emergingmarket currencies reeling all but two of the major em currencies are lower with the south african rand leading the way it's depreciated as much as two percent meanwhile in the uk the pound is weakened to a sevenmonth low ahead of a commons vote that could determine the outcome of brexit talks bloomberg's mark burton joins us live from london with details good morning mark good morning bob and karen prime minister theresa may was defeated on her key brexit legislation in the house of lords on monday evening lawmakers in the unelected up house back to the amendment would give parliament the power to direct the final stage of brexit negotiations the bill now returns to the house of commons tomorrow some pro european lawmakers amaze own party say they'll back the amendment as they seek to prevent the no deal brexit scenario that businesses fear most brexit backers oppose the amendment as they say it strips the government negotiating leverage if he can't walk away they also think its proponents are trying to reverse the divorce in london i'm off barton bloomberg daybreak.