35 Burst results for "Two Billion Dollar"
Emergency program to give people $50 off internet bill
"A new emergency loan program beginning today will provide some Americans with fifty dollars off their monthly internet bill the goal of the three point two billion dollar program is to keep people online during the pandemic millions of Americans haven't had access to or can't afford broadband at a time when jobs schools and health care event online tens of millions of people are eligible you could check your eligibility by going to get emergency broadband dot org you can get a discount even if you owe your phone or cable company money more than eight hundred cell phone and home internet companies are participating I'm Mike Hampton
Texas Files to Join Florida Lawsuit Against CDC Over Cruise Order
"The state of texas has joined florida in alaska and a lawsuit against the cdc with the goal of allowing cruises to resume the state said that the agencies no sale order and conditional sailing order have cost the state one point two billion dollars in direct spending and twenty three thousand people to lose their job the filing came just one day after the port of galveston hosted a rally in support of the cruise resumption with guests including carnival cruise lines president christine duffy
Are Banks Getting Nervous About Competition From DeFi?
"What's going on guys. It is thursday may sixth and today we are asking whether banks are getting nervous about competition from defy first step however. Let's do the brief. I on the brief today makoto. Lebron is the latest company to add bitcoin to its balance sheet. This is a massive latin-american e commerce and fintech company. You may remember them for being one of the founding members of the libra association and then leaving that association a few months later. It's a company that is based in argentina but listed on nasdaq they announce as part of their q one reporting the they had added seven point. Eight million dollars worth of bitcoin to their balance sheet now in some ways. This isn't that surprising. Ricardo libra has a long history of interaction with bitcoin. In two thousand fifteen the integrated. Bitcoin is a payment option on their makoto. Pago platform just last week. The company announced a real estate platform exclusively for properties available for sale and bitcoin launching with seventy five initial properties. Some on twitter pointed out that a latin american company investing in bitcoin to protect itself from currency devaluation was even more poignant than some of its american counterparts given how frequently bouts of inflation have destroyed savers in places like mocatta libraries home of argentina and speaking of latin american unicorns. The mexico based crypto exchange. Bit so has just raised a new round of funding that values at two point. Two billion dollars making it. The first latin american crypto unicorn. Next up on the brief today a digital has bought bit go for one point two billion dollars one of the key things. We've been watching here at the break. Down is crypto emanate. Emanate can tell us a lot about wearing. Industry is when times are tough as a survival strategy for companies that might otherwise go under when times are good as often. Something very different. This time around. There are two broad categories. I'm seeing. I is a joining of forces not because one party is at risk of dying but because together they see more chance to win important category
Tesla Stock Upgraded After 'Paradigm Changer' Delivery Numbers
"Our here and they were talking about an upgrade stock from canaccord genuity. We have new tweets from yuan over the weekend. A tokenism of tesla's stock some news on tesla energy and a couple other stories as well. That's the stock on the day to day. Finishing up three point six nine percent to seven hundred and one dollars ninety eight cents compared to the nasdaq slightly down on the day down. Four tenths of a percent possible tailwind on the stock today from an upgrade from jet door shy of canaccord genuity on tesla stock now reading the stock as a by up from hold an increasing his press target by more than one hundred and fifty percent from four hundred nineteen dollars per share all the way up two thousand and seventy one dollars cameras on cnbc today to discuss the notes that oil down to three things number one. The beat and delivery numbers thinks that will lead to greater profitability. Second are bullish on forty six eighty battery production opening up supply for tesla to continue to expand their business both in automotive but particularly in energy storage third tussles brand door shurmur saying quote we can only compared to apple in terms of the brand value tussles driving any energy market and quote in the actual note canaccord genuity says they see tesla becoming the brand and energy storage and creating an apple inc ecosystem with their multiple product offerings so that you actually have tesla energy and their model. They have a growing to what they say. Conservatively would be a billion dollars per year. Twenty twenty five. At five percent gross margin that would compare to twenty twenty levels of two billion dollars in revenue at about a one percent gross margin but gross margin was suppressed from twenty nineteen levels due to solar primarily solar roof which actually talk about a little bit later on so out actually expect more revenue. That's only doubling from the two-billion-dollar level here to four four to eight. I definitely don't expect that to say tusla for years. Once forty six eighty battery supply comes online. Tesla and four and using those numbers was already at a three billion dollars per year run rate for energy but it is really nice to see start to include and talk about tesla energy and their models
Mexico expects a 'constant and growing' flow of migrants
"Hi Mike Rossi our reporting a top Mexican official expects a constant and growing flow of migrants Mexico's top diplomat offered a sobering assessment Thursday of what's to come unless the United States joins Mexico in development aid for the northern triangle of Central America foreign relations secretary Marcelo Ebrard said he expects constant and growing flows of migrants in coming years abroad said Mexico is proposing investing money in Honduras Guatemala and El Salvador the three countries sending the largest number of migrants to the U. S. southern border guard said Mexico expects the United States to join in the development aid and he estimated the U. S. will have to spend two billion dollars per year to stem the migration Mike Crossey out Washington
US Treasury: 156 million coronavirus relief payments issued
"The treasury department says it is issued more than one hundred fifty six billion payments as part of president Biden's corona virus relief plan that total includes twenty five million payments primarily to social security beneficiaries who hadn't filed a twenty nineteen or twenty twenty tax return about three hundred seventy two billion dollars has been paid out since March twelfth a recent poll by the Associated Press in a R. C. center for public affairs research shows about one third of Americans plan to use their checks to pay bills that compares to twenty three percent who plan to save the money in twenty one percent who plan to pay down debt my camp in Washington
Vehicle attack raises new questions about US Capitol security
"Death of officer ovens is another blow to the capitol hill. Police force still really after the january attack. Tonight there are new questions about how to keep the capitol building safe while maintaining in is a symbol of democracy von hilliard. Has that part of the story. The threat of domestic attacks here in washington clear january six and indirection of the us capital then again friday the killing of a capital police officer. We have to get to the root cause of this violence in the months after the january attack washington fortified it's capitol grounds. It looks terrible to have the big of our democracy surrounded by razor wire and national guard troops the temporary outer barbed wire barrier came down leaving. Just this fencing capitol police officers in this existing barrier to respond to friday's attack capital. Police have to be ready to twenty seven and they need the resources to do. Lieutenant general russel honore released review last month with proposals for permanent security reforms including the hiring of more than eight one hundred and fifty additional personnel and integrated retractable fencing system and quick response crises units. Whose powell about democracy congressman. Tim ryan chairs the house subcommittee overseeing the capitol police as lawmakers work on a two billion dollar bill that would provide the cash necessary to implement the security upgrades. We can't get too far ahead of ourselves. Without knowing that we have the ability to protect the capital capital hill residents have bared witnessed. What is now a neighborhood. This is our home so to such violence in our backyards. Just devastating
NIH director on the 3 COVID vaccines
"Dr collins. It is such a pleasure to have you want. how are you today. i am just fine. It is great to be on your show with you bobby. I'm a big fan so terrific to have a chance to talk about whatever we're going to talk about. You are the director of the national institutes of health. What does that mean. that means. I'm the guy who oversees our nation's investments in biomedical research. The national institutes of health is the way in which discoveries get made and clinical advances occur. And it's my job to all of this in a forty two billion dollar a year medical research investment which for the past year has been all about covid. Nineteen as you might guess and we've made some real progress with vaccines and what this way. I'm glad to have you on because this is the guy to ask about vaccines. I've had one shot. Eddie's got shot lunchboxes got a shot. Now we're the inside the two shots system here because we didn't johnson and johnson. So can you explain to me what the difference is in these three vaccines and if we should look for any of them specifically well let me first say they are all wonderfully effective and safe vaccine so the bottom line is you should take what everyone gets offered to you as soon as it gets off. Because this is how we're going to get past is terrible. Ovid nineteen pandemic. Yeah the pfizer moderna vaccine. Those are two shots they're based on something called messenger. Aren a the johnson and johnson is one shot and is based on adenoviruses approach. But they've all been tested in trials of at least thirty thousand people each and been shown to have safety. Records are really quite impressive with no hint of any real troubles there and a highly effective way protecting you against getting sick or dying of covid nineteen and that's what we are all waiting for and now it is here so i know people may be a little resistant about wait. A minute debate rush. Did they go too fast. I'm the guy who's been overseeing all of this at the nih libya sure you. I've never seen anything done better than this. In terms of the way in which the trials were conducted in strength therefore the conclusions about being safe and effective so. Roll up your sleeves america. It's time to get past this pandemic
We are spending more on smartphone apps than ever before
"More signs that we're spending more in the app store. I told you yesterday of global numbers from any those had folks spending record amounts in apple's app store as well as the google play store both seeing revenue growth of forty percent in the first quarter of twenty twenty one with combined revenue of thirty two billion dollars. Now a piece from tech crunch has new data from sensor tower estimating how much iphone and one assumes ipad users are spending on apps here in the states according to the center tower estimates iphone users in the us spend an average of one hundred thirty eight dollars on apps and twenty twenty. A number of the firm expectancy grow. It's kind of funny but not there was a piece ice. On apple's read out oh that had goldman sachs analysts hall being so rod hall. I couldn't bring myself to bring you the report blending down. He still has a cell rating on apple shares. That's partly because he sees op store revenue taking a dive as the country. Reopened post covid. Nineteen so he can't imagine apple doing well but he has no problem imagining things getting back to normal so fast. It hurts apple's line. That's beyond imagining for center tower. They say the record up spend by consumers ends one twenty twenty was driven by the great hunker down. And guess what's going to drive growth in twenty twenty one. According to the report senator tower tells tech crunch it expects the trend of increased consumer spend continuing twenty twenty one when it projects consumer spend per active iphone in the us to reach an average of one hundred eighty dollars. This will again be tied at least in part to the left caused by the pandemic and particularly the lift and pandemic fueled spending on mobile games because right mobile games where the big winner in twenty twenty
NASCAR Drivers Try Out Racing Version of Ford's Mustang Mach-E
"Nascar drivers recently had a chance to test a new ford vehicle. It's got seven motors in it. It's got fourteen hundred horsepower and electric mark rush broke global director of ford performance motorsports. The company developed a racing version of its all electric mustang machi crossover. It pushes everything to the extreme to really show what the potential is of this platform and for electric powertrains. The prototype is not street legal and it's not competing in races but the company is using it to showcase what an can do feel that. Almost instantaneous torque going from a standing start and it is just a very sustained high rate of acceleration even our nascar drivers that drive very high power internal combustion engine race cars. They just come out smiling and excited about what the future is. The car may be a one off. But ford says its commitment to vs is not the company recently announced it's increasing its investment in vs to twenty two billion dollars so rush brooke says ford wants to get people thinking about is not only as good for the climate but his fun fast and powerful
Extreme weather is driving up costs for MN homeowners
"Climate change in minnesota costing you. Let's ask mark colder. He's the vice president of public affairs at the insurance federation of minnesota. I'm mark welcome to climate cast. Hi paul thank you very much for having us on and talking about this important topic what trends are insurers seeing for billion dollar weather disasters in minnesota over the past couple of decades up until nineteen ninety eight we had decades of stability and in one thousand nine hundred ninety eight. We had three significant storms including one on may thirtieth that was part of the southern great lakes to ratio. That storm cost nine hundred million dollars in insured losses and those three storms together in one thousand nine hundred cost one point five billion dollars and that's important because that one point five billion dollars in losses is more than the previous forty years combined and since then as you just noted it really hasn't stopped so this is almost becoming an annual thing. Isn't it it is. It's about every other year. We see and just in two thousand seventeen on june eleventh. There was a large hail storm. It was a very brief storm. Only about a half hour or so. It hit the northwest suburbs of the twin cities brooklyn park and coon rapids. It seemed like it was a minor thing that ended up being three point. Two billion dollar insured losses catastrophe. It was the most expensive storm in state history and the tenth most expensive storm in the world that year and so when these storms happen know the insurers pay for it when the insurance pay for it that means policyholders pay for it
Interview with Airbnb CEO Brian Chesky
"Talk to me about going forward and connecting people and the focus. You're putting on experiences but also on the lives you can create for your host. Who in part. I think are taking equity and becoming quite important for the brand. We've just heard in london here this week. That uber has said its drivers will become workers with benefits and minimum wage. So they're getting brought into the companies. So how do you sort of to advance the experience of your host but also the people that are using the platform to rent yet to great questions. Maybe i'll start with the second question host. And then i'll go to the first one the different like let's just take us versus uber. One difference in us an uber is the founders of uber created uber because they wanted to be writers another words they said it would be awesome if i could summon a black car so they started on the buyer side. We were totally opposite. My roommate and i weren't desiring to have a service like airbnb to travel because we were too broke to even want such a service. I mean we would have loved it but we were so broke. We just wanted to way to make money so we really started as host. So in that sense. I think this is a company of hosts by host for host and even if we have veered from that in the past. We're back there. And so i'm very proud of the fact that number one host have made one hundred and ten billion dollars on our platform since we started. That's pretty cool. The next thing. I'm saying i think it's cooler. Fifty five percent of that income has gone to women most ecommerce platforms. The vast majority economics. They're not evenly distributed on airbnb. The vast majority of income is outside the united states and more than half of it goes to women. it's a pretty diverse audience. We have four million host on airbnb. Ninety percent of our hosts are individual people so there is a question. How many of these are professionals. The answer is ten percent ninety percent of individuals. The most common careers are healthcare workers schoolteachers. In students these are the three most common professions that we've seen so these are truly everyday people like my parents. My parents are social workers. And it would make sense that people who need supplemental income would be everyday people for the most part one of the things we did before it went public. Is i got a piece of advice from somebody. They said. institutionalize your intentions. So that even as a public company you can minimize conflicts. Your vision and what they really meant was wants to go public. The cement of your company gets a little harden. What do you want to bake into the company before you go public. And i said one of the things i want to bake in is to create a host endowment. I want to set aside equity for host and so one of the things we did is we took nine point. Two million shares of airbnb equity and we put it into is essentially a airbnb host endowment kind of like a college endowment where it would grow every year but then some of the appreciation would get distributed into the host each year. So that was the idea that endowment is nearly two billion dollars today and growing. I hope it's one day. Larger than most college endowments and we created a host advisory board of seventeen host from fourteen countries to advise us on how to spend that money and reinvest it back to the host community. We also allowed host to invest in our ipo. And we had. I think it was fifteen thousand host. If i'm not mistaken who invested. They bought stock at sixty eight dollars. A share as you know the stock prices at the time of this recording around triple so those hosts have done really well and if i could allowed winning more host to invest in the whatever but we had some sec regulations that limited us and so these are just some of the many things we tried to do. But i just want to say like our commitment to host just beginning. Because i've committed to putting more than one hundred million dollars in my own equity into the host endowment and we're gonna continue to invest in our host because we are nothing without our host and in the end the day everybody's more of a community anything else i mean. Yeah we are a technology company in a sense but with people are buying isn't technology and they're not buying real estate we're not like zillow wh- senator of our company our host and our people and so that leads to the second question. What is airbnb about in. Where's it going when we started airbnb. Our first tagline was travel like a human. The idea was that you were like kind of treated for who you are. And you're seen for who you are valued for who you are and that was kind of the idea. I mean it was idealistic. But i can tell you. We definitely believed it in the early days and we realized that i had these two crazy ideas when we start airbnb. These crazy beliefs and people thought i was absurd. The first idea was we thought people were fundamentally good. That sounds kind of crazy because if you open any newspaper you wouldn't think they're good. People are good wise every headline about the worst of humanity. I think there was a famous quote by a former chief justice. The united states. You said i don't read the front page of the newspaper. I read the sports section. The front pages filled the man's failures. The sports pages. Filled man successes. I kind of feel like despite what we read in the news. People are funny. Good and i can tell you that we have the data to prove it. We probably more than anyone to prove what happens. When a hundred million people live together. Mostly good things sometimes bad things but statistically people are good and the second thing is true is that people are ninety nine point nine percent the same and you would never think that today given that we are so divided and yeah we spent a lot of time energy celebrating that point one percent. That makes us different. We call that culture in other things but let's not forget that we're mostly the same deep down and if you think people are good and their most the same then you'd believe that it's better to bring them together than divide them in separate them. That was the idea behind airbnb and so real estate and housing is just the beginning. We launched a few years ago. Airbnb experiences air experiences are essentially just three hour activities where you can have a host host. One other passions. You can go to tuscany. And make pasta with grandma grandma. Non an arena. Who's like an eighty plus year old grandmother who grew up during world war. Two and tells you about living in italy during the rise of fascism and then kind of what happened after and she tells you about her famous recipe and you make pasta in her house with and then you eat around the table this alternative to going to restaurants a pretty cool alternative so we have these like really interesting experiences and i think experiences is going to be a really really big product. I thought last year was going to break out year. But of course social distancing met we put on pause but we're looking at many new ways to try just connect people again. I think this is one of the loneliest times in human history right now. I think most people listening would probably say they felt some type of loneliness in the last year. We've been so separated. And i think in life we sometimes appreciate things when they're taken away from us and human connection and travels been taken away from us and i hope that makes us value at more than ever before and i'm pretty concerned about the amount of isolation happening and i don't think that social media and digital connections are fully nourishing. We actually do need real connection with real people. And i actually think it's good. Connect people are different than you. If you wanna like bridge the divide in any country. The best answer. I've heard is to just walk in other people's shoes don't argue over the internet. No one's ever changed. Someone's mind on a youtube comment section to my knowledge. But how could you not change your mind when you walk in someone. Just home live in their home walk. In their shoes do their activities. You may not agree with them but you will find that. Most of them are good and they're mostly just like you deep
Global Shortage in Semiconductors Increases
"Global shortage in computer chips reaches crisis point. And i really wish that they would just break more into what's actually going on behind the scenes. I get it maybe to some extent. We might not actually know what's going on. But let's hop on into the articles. He what's up. Consumers are facing price rises and shortages of products from. Tv's mobile phones to cars and game consoles as a global shortage in. Semiconductors grows shortage in chips. The brain with an electronic device in the world has been steadily worsening since last year now. Initially the problem was only temporarily in supplies. Factories shut down when the pandemic i hit however although production is back to normal a new surge in demand driven by changing habits fueled by the pandemic means that now is reaching a crisis point car manufacturers investing in tech heavy electric vehicles. Which is okay. I'm just going to make a point to some extent stupid. Gopher hybrid the boom in sales of tv's in home computers launch new game consoles five g. Mobile phones have all driven demand. So we know that demand has been going on an increase to like crazy stupid level that we haven't seen before even a mighty apple a two trillion dollar company in the world's biggest buyer of semiconductors spending fifty eight billion annually was forced to delay the launch of much hyped iphone twelve by two months last year due to the shortage in one of the reasons. Chips are everything says neal camping media in tech analyst at mehrabad. There's a perfect storm of supply and demand factors going on here but basically there is a new level of demand that can't be kept up with everyone is in crisis and it's getting worse for recently canceled shift at two car. Plants and said profits could be hit by up to two point. Five billion year due to chip shortages while nissan is idling output at plants in mexico. Us general motors said they could face a two billion dollar profit hit as well. Meanwhile sony last month along with other console makers has struggled with stock shortages over the last year that it might not hit sales targets for new playstation five this year because of the semiconductor supply issue microsoft's xbox said if forecasts supply issues continuing at least until the second half of the year and then they go on to talk about samsung itself selling fifty six billion dollars of semi conductors to other an consuming thirty. Six billion dollars of them itself finds. It may have to delay the launch of one of its own products as well. They're co chief executive. Who had its mobile business. Unit highlighted a significant issue. Saying there is a serious imbalance in the pecking order of who has Giving the limited supplies of chips so what exactly is going on. While chip shortage looks set to persist for some time yet. It up the two years to get complex semiconductor production factories up and running and manufacturers are in process of significantly raising prices for the second time in less than a year is no sign of supply catching upper demand decreasing while prices are rising across the chain so economically. What does this mean means. Less supply obviously unable to meet demand and prices. Go up because of it. Because that's kind of the only counterbalance that you have to be able to balance everything taken an economics course at the basic level. How things work. So what exactly is going on. It could be that. There aren't enough factories able to produce enough of a supply of semiconductors. One thing i'm wondering though is are there enough materials to be able to construct it. I mean semiconductors aren't really the easiest to make their actually quite complex quite exact in its production of it not to mention you also need to have trained individuals who know how to do it. Do it well Which is a limited supply of as
Treasury: $242 billion in new relief payments already sent
"Millions of payments have already been received from the latest round of virus relief funding the treasury department says it's already sent out some ninety million payments since president Biden signed a relief plan into law last week that's two hundred forty two billion dollars paid out as direct deposit or mailed as checks the first batch went to eligible taxpayers who provided direct deposit information on their twenty nineteen or twenty twenty tax returns and to those who typically don't file but signed up last year at I. R. S. dot gov officials say payments will continue in the coming weeks the American rescue plan provides up to fourteen hundred dollars for qualifying individuals Jackie Quinn Washington
Expanded testing part of Biden administration school plans
"The by the administration says it's pushing forward with plans to reopen schools this spring we're at a critically important time in our nation's history in education in the White House briefing room education secretary Miguel Cardona said his priority is to get as many schools open as soon and as safely as possible he says the recently passed virus relief bill will send one hundred twenty two billion dollars to schools nationwide for needed changes like new ventilation systems the health and Human Services departments also spending ten billion to boost virus testing for teachers staff and students we know that that's a tool to help keep schools open not only reopen to keep them open Cardona says he expects schools will fully open in the fall if vaccinations continue as expected Sager mag ani Washington
Purdue Pharma proposes $10 billion plan to come out of bankruptcy
"Pharma the maker of oxycontin filed. Its long bankruptcy plan just before midnight last night in a federal court right. So here's the plan. The company itself will be dissolved. A new organization will be created that would direct profits to help people who were hurt by the opioid epidemic but two dozen states came right out and they rejected that plan. They say it doesn't hold the sackler family which owns purdue pharma accountable. Let's bring bringing. Npr's addiction correspondent. Brian man Brian what does purdue pharma savings. This plan will do the company's president a he's a guy named steve miller and he says this new company that will be created from the ashes of purdue farmable essentially exist to benefit the public. The sackler will have no role or ownership going forward and over time. This new firm will generate hundreds of millions of dollars much of it from selling oxycontin which they say they can do ethically and safely. They'll also produce other medicines that will help people with opioid addiction. According to purdue pharma the total value over time To thousands of creditors will be billions of dollars and members of the sackler family also issued a statement last night. They said this plan offers. And i'm quoting here. An important step forward helping those who suffer from addiction. Okay but wire so many states unhappy about this a lot of reasons but a big complaint is from state attorney general most of them democrats who say that purdue pharma and its owners the sackler only offering up about five hundred million dollars right up front the rest of the cash payments including four point. Two billion dollars promised by the sackler themselves. All that money would be spread out in installments. Paid over most of the next decade that really angers critics like more healey. She's attorney general in massachusetts. What the are offering essentially as a way for the payments to be structured. That makes it convenient for them. They get to keep their billions and bank accounts and make money and use the to pay. You know the states out over time while they're oxycontin or chin keeps growly and there's another row bay for critics and it's affected a lot of the ten billion dollars in value. Promise by purdue pharma in this deal doesn't actually come in the form of cash that communities desperately need to pay for things like addiction programs in public health instead. This plan would provide low cost addiction treatment drugs like buprenorphine and lock zone which the new spin off company would make and sell at a discount. Then what happens to the sackler here. Because if the federal bankruptcy court approves this plan i mean they feel any personal thing at all. This is a really big question. After launching oxycontin and claiming it was safer than opioids other opioids the sackler and their company hauled in more than thirty dollars in revenue. Purdue pharma has since pleaded guilty twice to federal criminal charges for their marketing of opioids researchers say oxycontin contributed to this explosion of opioid addiction and death. Now the actors have agreed to give up control of their company. But some critics point out that purdue pharma was already sinking under the crush of all these lawsuits. So it's not clear how big a financial sacrifice that really is. Members of the family also added about a billion dollars to the earlier settlement offer. They made but in this deal they will keep most of their personal fortunes and they'll admit no
Blockchain insurance innovation insights from Tata Consultancy Services
"Pratap. Thank you for joining us today. Could you please give us our listeners. A quick introduction on yourself. Yeah but at optum quantify years of it expedience have been working in insurance commercial insurance primarily since twenty seven. And i've been working in blockchain's and insurance since Wouldn't be fifteen august. And i'm passionate about multiple editing and my expertise. Elliot's group at a stop modeling blockchain's insurance on morton's liberty and climate change anybody passionate about those are the key things about indeed. I think we also have common passions both on blockchain but also on on climate change. So it's great to have you with us on this show our top as you're quite familiar with the shows we're going to start off with our first question. Which is could you please explain our listeners. What is blockchain. And how does it work. Yeah so blockchain and the slightly order term and get used for. dlt's also. I really shared this particular simplified description which is more applicable to then a purist blockchain description since that is my focus so normally using a client create and propose transaction to one or more web servers run by one party. Typically one server validates that transaction and different. There's okay then process sincere in blockchain more. Dlt really using a client. We propose transaction to multiple servers run by different parties which validated on action. And if okay together consensus process and if the consensus was a succeeds then the process the transaction and save it and they typically the blockchain varies from here on that. It saves it in that particular blocks but in the deal. The doesn't necessarily so. That's basically how we how i would explain what blockchain us thank you for that so To continue as could you also give us an introduction to tata consultancy services. Yes oh pcs fifty already. Services company grand old. We are part of the group one of the largest and most espn. She conglomerates on the planet attack loop gets much more revenue from india then from insane india out of it stolen hundred and six billion dollars revenue. Tag group hasn't track record of enlightened policies for workers much more before they became common even in the west so We have Twenty two billion dollars revenue. Four hundred and seventy global professionals including thirty six point four percent women from an total of one hundred and forty seven nationalities. I have a personal relationship to the toddler group. My father worked in india and told me stories of title and todd in particular due to it's much more social purposive nature. I like working here. And is sir very much reflective of the group in general so i have my own dc s fifty watch and long. My father is one from the loop so that that's from india. So that's basically what. I like about the pieces group. This is fascinating because you're obviously there's a family history to it. But i i personally did not know you know about how important. Es g was to the tag group. So it's wonderful to hear that let's focus a little bit. You know regards to tag consultancy services itself because in in november of last year yet you partnered with d three i to design develop and launch ecosystems innovations based on distributed ledger technology. For the insurance industry. Could you please tell us what is partnership means to tcl s but also what it means to you personally. Yeah thanks so i was. The first globally to write about. Blockchain can be applied to commercial insurance and reinsurance in august twenty teen associated with many people and associations considering implementing blockchain's and insurance including some of the original or you know pretty old be ti people then so be initiated by the insurance industry for the industry this is the best and most feasible way of implementing blockchain's in insurance or for that matter in industry if it is something that the industry standard for itself. It's always easier having worked in the london insurance market since two thousand eleven. I'm sharply aware of how difficult collaboration between competencies. And i've seen that. Don't the difficult work. I have some friends. And i have discussed particularly with. They didn't offer good for example. How difficult it is but bt. I has got got all this correct. You know they have figured this out. They have Twenty one committed investors and lots of members to get a consortium blockchain of the ground. It is necessary to have afford. The industry by industry consortium like betray then. There is a key role for the product vision technology. Which in my view be theaa sorted out pretty well and there is a need for good. si partner that's what basically there's about as a pioneer of in the space. I understood early on that size late. Theseus have a key role to play in enabling consortium blockchain's to succeed. And that's basically why. I'm still in dc said not in a startup. We don't because. I think they said yeah.
Elon Musk - The Man Behind Tesla and SpaceX
"Well who's elon. Musk well if you don't know you're gonna find out right now. There is so much news internet entertainment on ilan mosque. And i want to tell you that this is only the basics of aeon. Musk who he is. There is plenty to find out about him. I will leave some of the links and the show notes. So don't forget to look but who is elon. Musk and how does he lawns story began. Well he is a visionary entrepreneur and the co founder of paypal and tesla motors as well as the founder of the new space x program which is very popular to day his astounding success has given rise to comparisons to the uniqueness of howard hughes and the tenacity of a henry ford but he did have an often difficult childhood like most of us kids his own age made fun of him from his own descriptions the years were lonely and brutal alon is quoted as saying they got my best friend to lure me out of hiding so they could beat me up and that hurt. That's when i realized that they were going to go after me non stop. That's what made growing up difficult for a number of years. There was no respite. You get chased around by gangs. These gangs tried to beat the insert. Swearword here out of me. And then i'd come home and it would just be awful there as well but not all was wasted. This difficulty cultivated itself into a relentless work ethic a never ending tenacious vision of the future. You see enron was born and raised in south africa and he spent some time in canada before finally moving to the united states thin and the united states. He was educated at the university of pennsylvania. A very good school majoring in physics. That's when ilan started to excel and experiment to soon. Become a serial tech entrepreneur with early successes like zip to an x dot com. He took on two majors at the university of pennsylvania but his time there wasn't all work with a fellow student. He bought a tin bedroom fraternity house which they used as an ad hoc nightclub will. Musk graduated with a bachelor of science and physics at all as a bachelor of arts in economics from the wharton school for ilan. Physics made the deepest impression. He is again quoted as saying and somewhat giving directions to boiling things down to their fundamental truths and reason up from their. Musk was twenty four years old when he moved to california to pursue at phd in applied physics at stanford university with the internet. Exploding in silicon valley booming. Musk had entrepreneurial visions on his mind and dropped out of the physics program just after two days but in two thousand and four. Musk joined to engineers to help. Run tesla motors. You've all heard of tesla motors right. Well this is where. Musk was integral and designing the first electric car. There's no doubt the electric car is the car of the future. But his first car the he designed was the tesla roadster as we are all aware of the tesla has become one of the world's most popular and coveted car brands and is still growing in popularity in the united states and in many different countries tesla and the electric car are taking over but we must never forget about musk's early interest in reading philosophy science fiction and fantasy novels and how that played a big role. I mean a huge role in the inventor that he is today. It is reflected in his sense of idealism and concern with human progress. He aims to work in the areas he has identified as crucial to our future specifically the internet. The transition to renewable energy sources and space colonization and. Ilan has been all over the media. Making three podcast episodes on the joe rogan experience while the first one in which he smoked. Marijuana was pretty funny but in a maximum article. I found this elon. Musk's third appearance on the joe rogan. Experience podcast the genius. Tesla and spacex. Ceo did reveal intriguing plans for a floating tesla. Musk revealed that the long awaited second generation tesla roadster could have a space x package that would allow it to hover at a limited altitude above the ground. Something that we have never seen before with all these new inventions floating around. Is it any wonder why everyone is watching. And curious about ilan's next big thing. Well at tesla fans are awaiting the cyber truck which will make an appearance at the end of twenty twenty one and the exciting numbers are in for ilan's wealth elon. Musk started twenty twenty with a worth of about twenty seven billion dollars and was barely in the top fifty richest people then in july of twenty twenty. Musk past warren buffett. The great billionaire to become the seventh richest person in november. Musk raced past bill gates to become the second richest person. Musk has gained more wealth over the past twelve months then gates his entire net worth of one hundred and thirty two billion dollars and according to cnbc elon. Musk just became the richest person in the world. With a net worth of more than one hundred and eighty five billion dollars alone recently had a new marker for his wealth and that is so cool because of all his inventions and his time spent caring and wanting the united states and the world to move ahead has made a name for himself. There is no doubt an increase in tesla's share price pushed. Musk past jeff bezos of amazon. Who had been the richest person since two thousand seventeen. You see musk's wealth surge over. The past year marks the fastest rise to the top of the rich list and history but why because he is investing in the future. It marks a dramatic financial turnaround for the famed entrepreneur. Because he cares about what happens in our future so with all his wealth experimentation and knowledge elon. Musk is our future and for those. That are young enough to dream about being an elon. Musk it must start with your curiosity with reading and learning more and more about new and different things and that i want for you and your children now and in the future.
"two billion dollar" Discussed on Newsradio 600 KOGO
"Two billion dollars in crucial small business support to keep workers on the payroll seventy five billion dollars to aid hospitals which really need the aid and very badly very proud of that and twenty five billion dollars to support corona virus testing efforts president trump with a corona virus task force briefing Tuesday the house is expected to take up the bill and a slim build session on Thursday we're also learning more about the president's plan to temporarily suspend immigration here's what we know so far a temporary halt on immigration it would last sixty days and apply to those seeking green cards for permanent residency it would not apply to individuals entering the U. S. on a temporary basis and this will course will be re evaluated once that sixty day period has passed this is Kevin Corke the president meeting with New York governor Andrew Cuomo on Tuesday afternoon the two reaching a consensus on testing states will manage their own corona virus tests the government will work to get the materials needed for them it ends the whole back and forth in the finger pointing in a very fair and smart way it's a smart resolution the president called the meeting with governor Cuomo very productive more than a quarter of the forty five thousand U. S. deaths blamed on the virus right now in New York state southern California hospital is reinstated nurses who were suspended last week after refusing to care for patients infected with the virus because they lacked protective respirator masks Wall Street Tuesday the Dow lost another six hundred thirty one points nasdaq down nearly two hundred ninety eight the S. and P. five hundred dropped eighty six points America is listening to fox news what is what's new today's topic who's the greatest of all time for my money it's progressive home and auto bundle it literally saves you money gentleman your thoughts look at what I'm saying she had a full it was amazing and I was told you so I disagree thanks fellas took the words right out of my.
"two billion dollar" Discussed on Outcomes Rocket
"Two billion dollar market per year in the U._S.. Also you don't really charge for the kind of old EXTA value at that. We have unity so you're basically nine and that makes a lot of sense. You're you're adding more value than anybody else in the market hit and therefore introducing yourself as a value added option to take share yes it's awesome I love it and it's great right because that's the Byu innovation and the benefit to consumers and and practicing physicians is when things get better and there's existing codes tobacco them then you doesn't increment your costs but enables you to increment the value added patients which is which is inevitably a great thing yeah yeah I mean the feedback that we received from will be Wyans. Genetic counselors. Medical <unk> has been phenomenal like almost everyone recognizes Hafbro materials turtle carrier testing birth Lois new tests all these mothers you get all these positives in dozen even. Delete to any actionable outcomes because you don't figure out what the baby has the day and they realized how unity will fix it and they really liked the fact that it's not a five thousand dollar auto <unk> pests. It is a covered benefit ruled today man. That's awesome and frankly I'd tell you what that definitely is a proud moment. We always talk about all right hanaway add value. How do we add innovation right when you when you think of like the traditional equation for am I doing being value based care you divided by how much value you're offering an additional cost? It's coming in and you're not adding additional cost if that you're leaving so much more value I mean the are in fact decreasing local healthcare coasts. I mean if the mother is supposedly than the father needs to get screened in the current workflow. The don't require that so it cuts down the task goes but it also in terms of actionable outcomes improves the healthcare scare outcomes in very significant ways while man that is so cool I mean I think it's a it's a really neat approach that you guys took and I mean how did you guys land on that so I think we landed on that by just realizing first thing that most diagnostic companies fail not because they have a background check but because it takes us of trying to convince the system that their product should be paid for in that realization that gets foundation sponsored the research on this Y via GNOSTIC companies failed number one reason while that it takes years for reimbursement to kick in and they don't get paid so we started thinking about okay what would be a way to build a product from day one on what would be a vape to add value to the system and still get paid by building your diagnostic products that sold on in very important Norton Unmet medical need but also enables us to use the existing system to get paid man. That's genius. I love it nights and it's the power of questions folks if you think about the business models that you're that you're shaping the example that Assan just kind of gave us is you don't have to invent something and try to convince the system to form new reimbursement think about that reimbursement model that exists what what player is there. How can you add more value than that player and take market share while improving outcomes? That's the key love it love it. Love it and so what would you say is the exciting product or focused that you guys are most tuned into right now. So we are unity unity. They're still have a want to get unity to handle essentially every physician in the country and really make it the gold standard for carrier testing it is how it should be done so focusing on that in making available is our primary goal but we also realize that the molecular counter that we build souls many other molecular uh of diagnostic solutions and really want to build solutions that are not only affordable land not only be merciful but also the want to build them in a way that the cost structure of these solutions enables enables them to be distributed globally though that is another thing that we are working on both with unity and the Oncology Diagnostics that we are working on that making sure that the price the cost of the test is so low that they can be sold through distribution partners globally beautiful while emissions bear and <hes> also the economic proposal the structure. Is there so certainly wishing you guys the greatest success. Ask Your next steps getting close to the end here Ozan <hes> we've got a lightning round followed by a book you recommend the listens you ready okay..
"two billion dollar" Discussed on KMJ NOW
"Point two billion dollar shortfall on our streets and sidewalks, we need money to be vested in parks public safety. So whatever we can be successful in Sacramento with it for homelessness or DC. It's for infrastructure. My job is to be the leader and bingos as many dollars homeless possible. The ultimately change the quality life. Everybody knew city. I think that's one thing. That is incumbent your job. We have to have a good relationship while city and county where there was a rift for a long time. I think that's been healed for the most part. Let me give you one good example of that. This is a couple of years not too many people know about this. But back in two thousand seventeen we were close to the grizzlies ballpark being basically locked up and closed out for lack of payment, and the time the this was an ownership group at the city money and the county money a lot of people money we worked directly with the county to avoid that. I was successfully election in the owners of the grizzlies at said, you anybody's welcome to talk to the owners the bakers and say that had I not won that race. I'm not sure what the outcome of baseball would have been in city of Fresno. But because of this and our success negotiating the contract with the their ownership group. We've probably have the best condition stadiums at Rabanne. They recently invested about three and a half million dollars in on certain prevents your bottom line is improving the tennis's improving, and that's all good. Not only for downtown is good for the entire city of Fresno. To have the time. Yeah. I do. What is the status with the stadium? Now. I mean, there's always been problems with the rant and revenue generation at all that are we? Yeah. It sounds like we're looking a little better. This actually was a debated item in the in the two thousand sixteen election. We're Henry had said that we are one point five being a rent was the right rant has never going to change. If anything we should raise it. I said, no we done a study from the business point of view, everybody. The the two pedestals in part were not successful. Because there was too high would have to reduce the rent about five hundred thousand words currently at. So that was one of the reasons the new ownership group did not one in to win the election. So it was important that we negotiate his contract and this contract we put about twenty million dollars aside because one of the problems in the past was the maintenance of the stadium. You get a forty five million dollar asset. You've got to have a plan to maintain it. So we put twenty million dollars aside initially then on the third year every year, both the owner and the city puts in money. We did a thirty year plan to address. Things from cdn lighting roofs. And so on that stadium will always be in top condition and be a great amenity the city of Fresno. I think it's always been in terms of its quality. It's it's a show piece. It's it's wonderful. I was against the way that it was financed. And built in the beginning. It was gonna take a penny out of Fresno. Give us the land of we're going to do it. But maybe one of these days, it'll turn into something that might produce, you know, some major bucks or three us continue gonna wrap yourself shortly with LeBron. I again, you know, if you want you want to jump in here four nine zero fifty eight fifty eight hundred seven seven six fifty eight fifty couple of callers standing by. And we will do that might.
"two billion dollar" Discussed on Bloomberg Radio New York
"Crossed the two billion dollar Mark at the global box office in record time leaving newcomers in the dust. The Walt Disney company estimates endgame about four hundred twenty eight million dollars just this weekend. Becoming one of only five movies ever to reach the two billion, Mark. I'm Evan Haning. Bryan curtis. In Hong Kong. Let's get you. This hour's top business stories and the markets. Asian stocks are seeing a major sell off today. Details coming up China is considering delaying a trip to Washington by its top trade negotiators. That's after President Trump threatened to impose steeper tariffs on China because talks were moving too slowly in a tweet Trump said that he would increase tariffs on two hundred billion of Chinese imports from ten percent to twenty five percent by this Friday. Bloomberg's Mark Nick can't says it's hard to tell exactly what the president has in mind. The Chinese in a box. And you know, if they do respond to Trump's demands, it could look like they're caving to you know, in this case, a tweet. Meantime, China's central Bank will lower reserve requirement ratios for mid and small sized banks and effective may fifteenth. And also the PBS's says that two hundred eighty billion Yuan of long-term funds will be released into the markets in one other note little-noticed, given the trade news tycoon services index for April was at fifty four point five better than the estimate and stronger than the reading in March. In other news, Occidental Petroleum has moved to step closer to sealing its acquisition of Anadarko petroleum. It's sweetened its offer. And agreed to sell assets owned by the target company Occidental increase the cash portion of its bid to seventy eight percent from fifty percent, and it also pledged to cover the one billion dollar break-up fee that Anadarko would have to pay for abandoning deal with Chevron now to the markets. Thanks. Index is down three point three percent. The CSI three hundred in China is down four point six percent. Also looking at SNP Many's now down about one point nine percent. The Straits Times index in Singapore down more than three percent. Global news twenty four hours a day live and tick talk on Twitter and powered by twenty seven hundred journalists and analysts in more than one hundred twenty countries in on Kong. I'm Bryan Curtis. This is Bloomberg is Bloomberg.
"two billion dollar" Discussed on Bloomberg Radio New York
"Thirty two billion dollars here to explain why is Bloomberg cross asset markets reporter, Eric lamb, thirty two billion, Eric what does it? So today, we're coming up on the ten year anniversary of the tainted milk scandal in China and thirty billion dollars figure is actually an estimate from Euromonitor for the size of the infant baby formula market in China. It could grow to thirty two billion over the next five years by twenty twenty three which really gives you a sense of the stakes that are involved in that market now at current currently, we're dealing with foreign producers versus domestic producers real battle right now for the hearts and minds of consumers in young parents. So what are foreign producers doing to build market share Howard, domestic producers fighting back? Yeah. The foreign producers certainly have an advantage because they're perceived to have higher quality products that are less risky for parents. And for companies like Nestle, which has seen their market shared quadruple since two thousand and eight in China. They're actually starting now to focus down on lower tier cities. So the smaller cities outside of the main regions, whereas a little more rural? There's a little more opportunity for growth, so looking at ways to for instance, develop ecommerce or better better supply their products to consumers, their meanwhile, the domestic producers are realizing that actually if they have some kind of brand association with foreign cows or production from outside of China that gives them a leg up and makes them a little more competitive. Yeah. So we saw one Chinese producer, for instance, brand itself as American dairy, right? What will it take to change the situation at what point do Chinese consumers come to believe in domestic producers again? The problem is for some memories are still still fairly fairly recent that they're just not to the point where they're willing to accept it. But over time that might change, right. Bloomberg cross asset markets reporter, Eric lamb. Thank you so much for.
"two billion dollar" Discussed on WIBC 93.1FM
"Point two billion dollars a year sticking it to the tax payers and business owners of Indiana. This is for the roads right for the you mean for hip two point. Oh. Yeah. They say it's for the roads. Yeah. Right. Sure. I don't care what it's for. If you're for one point two billion dollars in annual tax increases. I don't know how you could possibly say. You're all about commerce. Let's the alternative though. What is I understand? Nobody likes taxes. But you got the money's gonna come from somewhere that right? Where what are you cut? What are you stop spending it on? I can tell you right now that between episodes say DNR and a host of other government agencies. You could find half a billion dollars without without batting an eye. Again, we we're operating on the premise that. There is no further cuts could be made to stay government. We're operating from the standpoint that there's no waste in government. And if you find one dollar of waste if you can find one dollar of waste, then you shouldn't be raising people's tag. You're saying you cut that I instead of race those newly and prove to me that you can use the money responsibly. I've told you guys this before I've worked within dot when I was in. Local government. They are like the, mafia. They are the last people in the world. I would give any money to unchecked. And you're gonna give them one point two billion a year. Let's give them. Let's give them cuts. First. Let's cut three hundred million for a year. Let's see what you do if you do. Well, then we'll consider giving you more, and it's bizarre because politics and government seems like the only place where people putting a budget together don't make.
"two billion dollar" Discussed on 760 KFMB Radio
"Huckabee two billion dollars at least one ticket is matched all the numbers for the record. One point six billion dollar jackpot bought somewhere in South Carolina, WCBS TV's, Alabama. And you actually win the jackpot gaming officials advice I sign the back of your ticket. It doesn't matter who paid for it. Whoever signed the ticket gets the pri-. What was hurricane willa is now a tropical storm, but it's raining hard and Mexico at attended for Texas, Hurricane Center specialist. Stacey Stewart what people cross northern Mexico and also in the central and southern Texas areas, it'd be aware that more heavy rain is going to be coming your way. So expect additional flooding. It hasn't been shut down. But a New Jersey rehab center isn't admitting any new patients after. Viral outbreak. That's killed six children and made a dozen other sick CBS, Hillary lane is in hassle New Jersey center for nursing and rehabilitation. No new patients were allowed to check in New Jersey. Health officials say over the last month at least eighteen pediatric patients have contracted the adenoviruses and six of them have died. Those six wherein part of the facility that provides long term care for medically. Fragile children from newborns up to age twenty two the US has revoked the visas have several Saudi officials who were implicated in journalist Jamal kashogi death. There's no word on any further. Sanctions. President Trump says the killings should never have happened. The process was no good. The execution was no good. And the cover up if you wanna call it that or certainly no good. Turkish officials say kashogi was killed October. Second by fifteen man Saudi hit squad that included a member of prince Bahamas entourage caravan of Central American migrants is. Expected to start moving forward again today after a day of rest and southern Mexico. If they make it to the US border secretary of state, Mike Pompeo says that's where they'll stop the caravan will not cross our southern border illegally under any circumstance the World Series tends to produce unlikely heroes last night's game. One was no exception CBS's. Steve Futterman was Fenway park in Boston that big blow in this.
"two billion dollar" Discussed on The Dave Ramsey Show
"That's fine. That's why you work, but also be generous, be giving be helping others with this wonderful net worth in this wonderful income have that as part of the mix. I'm sure you are. You told me you're sending your employees through a financial peace and you're doing other stuff, I'm sure church or whatever. That kind of stuff. All great. But it just doesn't matter. And it's just like me. I'm looking at my buddies, ten million dollar jet dad coming credible sweet ride his tell you man, but it's a small percentage of his two billion dollar world. A billion y'all think about that. Women that's thousand million. Thousand million. He's got two thousand million. And out of two thousand million. He spent ten of them. You see what I mean as a ratio that's not much it's like having two hundred thousand dollars and spending ten thousand bucks. Think about it didn't change your life. Right. You'll be all right, but you, you know, you don't even feel it hardly. It doesn't. It doesn't move the needle and that's not being wasteful at that stage of the game. So hold on Danny. That's a wonderful question, made my day to get to answer it and I'm glad the co-pilot was there. It was a fun discussion. Hang on. I'm gonna send you a copy of the book, the legacy journey you you to read that you will enjoy it. It's where we discuss wealth all my other books about money, legacy journeys about wealth. Wealth is different than money. Money creates wealth, but wealth is different than money to different subjects, different subject. Biblically, if you're for those of us that are Christians of us that are people faith, the bible addresses wealth differently than addresses money. Money is transactional. Money's the thing we used to buy food for kids and that kind of thing. Wealth is different. Wealth has more problems with it, but more opportunities with it. And one of the things is that you are encouraged scripturally to enjoy the fruits of your labor. Not to be a hedonist. And not to be braggadocious, but you know, enjoy it and I've got some nice cars. I've got a classic car drove. It sat drove his Sunday out in the sun, my wife and I put the top down drove a nineteen sixty corvette about the other day. It's a sweetie looks like Marilyn Monroe car right share now driving around up, shines, got a little hat on. I'm not driving miss daisy. You know it was a lot of fun to old people riding around this cool car. It was neat and but, hey, it's a small percentage of my world, a small percentage of my world, a very small percentage of my world. So thanks for listening that puts this hour that I've Ramsey show in the books. We'll be back with you before you know it. In the meantime, remember there's Alta mentally only one way to financial peace, and that's the wall daily with the prince of peace Christ Jesus. Hey, it's Kelly. Daniel associate producer and phone screener for the Dave Ramsey show. Did you know that in two thousand seventeen Dave Ramsey show listeners paid off fifty million dollars of debt. That's pretty impressive. And it could be you this year. Keep listening for more inspiration. Hey, if you've got questions about retirement, investing becoming an everyday millionaire, go bigger and broader with my man, Chris HOGAN on the Chris HOGAN show. I am excited to be able to talk to you all weekend and week out. We're gonna focus on your calls and it's going to focus on building wealth, investing and how to become an everyday millionaire subscribe or the Chris HOGAN show wherever you listen to podcasts, hey, it's James producer of the Dave Ramsey show this episode is over the check the episode notes for links to products and services. You've heard about during this episode. Thanks for listening.
"two billion dollar" Discussed on Converge with Casey Newton
"To select your first card lime scooters lime scooters so of course you've you've been following the news you know you have a lot of scooters here in san francisco and you can use your phone to read them and the cost like two dollars to go four blocks or i i don't know if it's been very controversial because they just started they showed up everywhere another as much regulations of the people are very excited about them and they they're like a two billion dollar company now but is there a way to make that a service for the community to any thoughts come to mind tiffany i think of perhaps treating it like public transportation and some private thing maybe having like actual schedules for renting them bringing them or you know discounts for senior citizens in like wonder accessible or whatnot like i don't know like adding boosters to wheelchairs and things like that or something we've already seen like some cities have given people credits for uber like affect turning uber into public transit or component of transit maybe cities could start giving scooter credits totally golly i mean could it big nonprofit to say we think scooters are so important we're just going to put like a thousand around them on the streets and we're going to help people get from place to place i think they could have to operate government some kind of way because i think about my hometown like i try to ride a bike around almost got hit so it's like people have to be used to seeing people on something that's not a motorcycle but not a car either so it's a public sentiment kind of thing i'm sort of getting the feeling you don't think this would make a great nonprofit now okay that's that's fair that's totally fair i designed his games and i'm responsible for all of the ways that they break now i will choose a card and the first card i've chosen is the red cross nice now the red cross famously takes blood from people and assist them in emergencies and they do that as a nonprofit but what if they could make a little bit of money now hear me out first of all blood giving it away that seems strange to me blood is very valuable i mean look at what peter thiel has been able to do with blood investing in companies where they take younger people's blood and ejected directly into them to sort of help preserve them that's a very valuable business so i would like to see the red cross get into this kind of vampire like technology using all the blood that they have around the the warehouse there and i think they could make a pretty penny and then use that money to help out during disaster relief you know so you sort of have the you have the weird part of the business but then you have the good part of the business and everyone feels good about it and that's my pitch to make the red cross a for profit enterprise again nice yes so so you said points and presentation was okay we're not going to judge me yuccas where i wanted to i wanted to let's you why don't you draw another card because you didn't love the first one no man so okay vine ooh resurrecting something all right so vine the of.
"two billion dollar" Discussed on Xtra Sports Radio 1300 AM
"Ask themselves are we going to treat these guys as if they're on the open market and most teams regardless of who you are chris they are not going to do that they're going to have the frank conversation with the agent and say look if we don't do a deal here we got you for this year we got you for next year we'll tag you the year after will tag it a year after that so for us we're not looking at a divorce for four more years and you know what for how old are you going to be in four years thirty eight thirty nine and i think yeah got a question wouldn't it be better for players number one and just more fun for fans in general if the franchise tag did not exist wouldn't it be more fun if matt ryan was gonna be a free agent next year and there was no way the falcons could stop it unless they resigned to a new deal of course it would be more fun it wouldn't be fun for the owners though and they're the ones who put the role in place two billion dollar owners that's the my whole i mean yeah hey look here's what happened and and this was nine thousand nine hundred ninety three when the current system was put in place after the eighty seven strike failed the union shutdown and launched an antitrust lawsuit against the nfl and that and i trust lawsuit was leveraged into a real free agency system but it's not real free agency because every team has the ability every year to pick one guy whose contract is up and say you're not going anywhere and that's what was agreed to by both sides twenty six years ago and that's never been legislated out of the labor deal and it's so it's here to stay and people may not like it but i don't know that there's ever going to be enough movement among players to say we're willing to make some major concession to the nfl in order to make the franchise tag go away and i don't know what it would take for the teams to agree to.
"two billion dollar" Discussed on WJR 760
"Road we have the one point two billion dollar aditjondro how me if it's actually beginning now i'm antiwar continue to see great advances and again it's not about spending we're looking at some great programs speed up the i 75 redo project by up to a decade a decade bachelor which would be huge but next week every day during the i have come out with some new initiative it really talked about infrastructure particularly environmental infrastructure we need to do a better with recycling obligation or an issue uh rural broadband in terms of better kinda activities import so there's a whole series of things every day of the week monday through friday i'll have something new uh that we should really looking hard at so continue this comebacks i i think i listened in six spending initiatives or program expansions that you discussed last night that sounds like an awful lot of spending an in maybe in some cases of big asked for the legislature which is still talking about rate relief a in income taxes for people that say look we've seen business taxes fall dramatically we seem to burden kind of shift to the the individual of our our we headed towards a collision course here between gene the legislature in your your priorities yeah well again let's make sure people get all the facts because one of the great things going on this year is there's two hundred million dollars so homestead property tax relief coming to michigan so this that's a huge number right there that we had already put in place so we've had a whole series of tax reductions in prior years so it's how.
"two billion dollar" Discussed on KSFO-AM
"To live and local headlines talk radio 560 ksfo stadium at thirty officials say the tax collections meant to pay for a portion of the new stadium are down as much as ten percent increase in hotel taxes is paying for part of nearly two billion dollar project and american airlines is rolling out a program this month that will let its flight attendants award frequent flier miles to passengers who run into problems the nation's largest airline said that it has a long policy to compensate its passengers with miles when they run into service problems but the ability to issue those rewards was limited to gauge agents and other reservation agents rather than the flight attendants they say this new programme will allow flight attendants to take immediate action on situations yes that means if you fly american airlines and you get dr dowd you're going to get a frequent flier miles right away that's how that's gonna order ugo nothing will make it better than that taken a look at your roadways now we have an accident this morning unfortunately an overturned vehicle to 80 in the northbound direction this is as you come through burlingame as soon as you enter burlingame actually and it stretches for about two to three freeway exits this is causing some major slowing to traffic as you can imagine checking in with chp to see around what time this took place all right about fifteen minutes ago so we're going to be seeing this for awhile to 38 southbound at the 580 connector ramp we have a vehicle that is stopped in the right lane and the driver is outside of said vehicles so please drive carefully and if you are writing parts this morning we have bart good checking in.
"two billion dollar" Discussed on Xtra Sports Radio 1300 AM
"Going to get five times is money ten times is money what do you think the panthers end up gulf war so morbid or eight nine times is money and so uh a lot of things about that you know jason la canfora maybe you're right but there are quick processes in slow processes you know win the clippers made up their minds to be sold installing wanted to get the cash didn't take one more than sixty bomber to write a two billion dollar cheque and on and on now when you look at the nba franchises whose revenues are significant but a lot less than the nfl rockets went for two point two billion b and of course the two billion dollar deal with the clippers so my prediction is it's anywhere from two to two and a half billion dollars that's not a bad return on investment to over twenty years for mr richardson walks up in a little bit of disgrace the fact that it's come together as quickly in east greenwich self with this sal you don't think is going to be a drag on the number these going to get is it well certainly doesn't affect the value of the franchise in the fact is that they relatively new stadium that did some upgrades to it there is no shortage of significant money in the carolinas there's a banking centre with bank of america and others and there are some limited partnerships who are involved in that franchise it may want to put together groups and become general parker so it has all of the elements of seeing a big type deal it's not new york it's not la it's not chicago with the nfl remember with the television contracts spread among thirty two teams you don't have to be one of those big markets you get a lot of money anyway sports resisted insider uh retire i guess to your on cbs sports.
"two billion dollar" Discussed on Slate's Hang Up and Listen
"I have a hard time believing that the nfl is going to agree to give the players seven million dollars and still have the protests going on i somebody in that room is gonna say why are we giving these guys all this money if they're still going to if they're still gonna protest so i think what the end game here is is the real triangulation so the players are going to get some form of money whether it's shifting ad revenue whether it's real dollars a combination of the two then there then the league is going to come in and they're going to rewrite their their rules about protest before the anthem or during the anthem so therefore the eric read faction of this group is going to the isolated they're going to be exposed so the players are going to get the money but read and company aren't going to be allowed to protest and they're not part of the coalition either and i think that's really thought of the nfl's way of putting an end to this thing even though it's not gonna work i mean the nfl's four two billion dollar industry it beggars belief and credulity that they couldn't just do this but find an agreeable way why does it always and maybe i'm just being naive and pollyannaish here but why is it why does it always have to be a quid pro quo white here well i can't thea this just be we believe that this was a worthwhile 'cause we also respect the rights of our players to express themselves were willing to take the risks that some of our fan base doesn't agree with us but we support the players in this in these efforts ma that would require courage in is not a whole lot of that and also i'm not sure how worthy cause they think it is and three which is actually number one they're not partners the nfl major league baseball's contracts guarantee the nba's contracts are guaranteed the nba really does view and you can hear how lebron james codes it in his language we refers to the game as our game our sport he doesn't call it basketball and he doesn't call the arms onerous he calls the owners by their first names the end.
"two billion dollar" Discussed on Bloomberg Radio New York
"Billiondollar i had two billion dollars so eighteen billion than a short or where to get the money so i convince the bank below the the vodafone japan i'm going to iran and with become successful in become greg believe me let me money and they did it and it turned out to be very successful recently you did the biggest investment you've ever seen a company called a r m yet we harm which is a semiconductor manufacturer london why did you saw thirty one billion dollars buying a semiconductormanufacturer manufacturer when many people think that that's not the future it's a access study forbidden work yeah it's not the manufacturer to design design house they design all the chip said they have ninety nine percent market share for any smartphone that you're having a pocket is has ninety nine percent market share right in next twenty years it's going to be dig on a ship a one trillion designed for one trillion tips so i said this is this is the company this nobody can live in the on the us anymore without tip chip izetbegovic here while in the car email live everywhere so if if tip is something that everybody needs and if there is one company has ninety percent market share the mongia value they are not monitored but what if i own we can monetize much better so that's my belief so i think it's the company's gonna be more valuable than google government van avoids private company now that was softbank founder and ceo masayoshi son speaking with david rubinstein mr bloomberg's 'peertopeer conversations on bloomberg television and cofounder of the carlyle group just ahead on bloomberg best they'll discuss living with artificial intelligence this is bloomberg mm you make sure his toys don't have any.
"two billion dollar" Discussed on BizTalk Radio
"Right and it was like yeah like now i'd like you have a lot of it's like you know fashions a billion dollar industry travel a billiondollar industry have like look at the intersection of two billion dollar industries has they were like both like i was like maybe can march something here but there are prospectus or like i was like this is going to be anachronistic cause suited for and that's the other thing too when you start taking on investment you have to be like okay are the goals of everybody aligned absolutely as it's like okay where you're gonna sarath you have a train on the conduct a one selling it's a move forward onesize went backwards it's it's not gonna get anywhere money is nice if it's building the vision winds other i can be a pain right right right so you know like and he was like drunk but it was like great for all the was dealt and i was like okay enzymes that's when the best pros well no outright it's like i i was just like you know he has a valid point how big the want this thing to be and i did some research that i at the talks so i slowed down so a trickle and has getting like requests for interviews in a bunch of stuff and i think people thought i'd just starting to come on devolve or just went crazy as normally i'm usually likes sean under were backwards and i'd like no hindsight for us let me let me hold off on do anything else and i sat me spent some research and they went around and i called hotel and i called restaurants and i called designer as and i had cautious conversations with people and i'm kind of like what is your pain points because i think some of the best businesses com when you're solving a problem solved what what problems are these people are really having and then i was finding that in that no one next space right everybody wants the big person so when you're a big success right so it's like everybody wants to that and right on the roads as succcess and its along and wind they and a lot of people usually end up getting off the train somewhere before they make it to the other side right who was there to help you navigate sets and then i look and i.
"two billion dollar" Discussed on Forbes Sports Money
"That part of the business has built the lot of value and then there's a lot of enabling companies we're big investors at revolution in draft kings with big investors and sport radar i just made a personal investment with my son in win view i i just believed that sports entertainment enabling companies will be great investments and then being able owned the building the networks the team's the technology of some of the technology rounded that both of those some business plays will be very very valuable a guy who likes the value teams at at forbes alatas been driving me nuts because i look at some of the recent deal so for example steve palmer pay two billion dollars for the clippers seems to a firm you know everything in a nutshell that you just talked about i mean it's a technology company he's by his pain ten times revenue or something like that peter guber several years ago tremendous success obviously with the warriors paid at that time what was the highest price for a team high multiple those seemed to be like entertainment intact guys then there seems to be another crowd that's come in and i went up them more wall street guys they seem to be going more the low end so like for the atlanta hawks for example not long after the clippers about seven hundred thirty five million or something like that they were bought for the milwaukee bucks another wall street guy came in bought for a low is uh is this a function the prices a function of.