35 Burst results for "Two Companies"
NFT Brand Doodles Acquiring Animation Studio Golden Wolf
"Earlier this week, NFT collection doodles announced that they had acquired Emmy nominated animation studio golden wolf. The two companies had previously worked together on the announcement of doodles two at NFT NYC last year. Golden wolf has worked with companies from Nike to Facebook to Gatorade to Disney to PlayStation and Adidas. As part of the announcement doodles Twitter account tweeted this marks the brand new chapter for doodles as we continue to expand the franchise. Narrative storytelling, worldbuilding, and character development will be at the center of everything we do. Doodles founder Jordan Castro also tweeted about the acquisition. We've always wanted to break out of web three's bubble and reach billions. Golden wolf's world class team has done just that, excited billions with animation. Expect storytelling without constraints and AI animation generation R&D soon. We're buying not selling. As per the deal golden wolf will continue to operate independently though in close collaboration with doodles. The golden wolf founder and CEO Inge erlington has joined doodles as chief content officer focusing on running studio operations while building out the next wave of the doodles brand. Animator Denny bright writes doodles acquiring an animation studio like golden wolf is insane. Like you don't understand how big that is insane. So what exactly does this mean? One of the things that's been clear for some time is that many of these NFT collections saw their trajectory as effectively pre selling character IP that would find its way into other mediums. In some ways, NFTs would look like alternate shared ownership of IP. Basically, they allowed the audience to become a pseudo owner and have more active participation in a creative project. We've seen versions of this with collections like the board apes, who launched their other side metaverse, and now with this acquisition, doodles looks a bit like a media company moving from idea phase to execution phase.
Thailand holds suspect in $100 million deli case
"Thailand's holding a suspect in a $100 million broad case. The suspect wanted in connection with an alleged stock manipulation scheme famously involving a small New Jersey delicatessen has agreed to voluntary extradition to the U.S. after being arrested last week on the Thai resort island of Phuket. Peter cocker junior, a partner at a financial services company in Hong Kong, is sought by U.S. authorities on charges to fraud and shares manipulation in connection with two companies home down international and E waste corporation that had been traded over the counter to other men indicted on the same charges were arrested in the U.S. last year. I'm Charles De Ledesma
Pertamina International Shipping PIS Secures Collaboration Agreements with Global Partners
"11 a.m. Saturday, January 7th, 2023 pertamina international shipping PIS secures collaboration agreements with global partners. Jakarta, January 7th, 2023 ACN newswire, PT per domina international shipping PIS has secured two collaboration agreements with global partners. The signings were held with the inauguration of the PIS branch office in Dubai, UAE pieced me on December 23rd, 2022. PIS signs mock with elite tank ship, signed by the CEO of elite tank ship, main dish cacao, and the director of operations of PIS brilliant. Witnessed by CEO PIS yoki fernande, president director Mina, Nick, would you, president commissioner Mina, basuki chhat pranama, and H dotty ambassador of Indonesia for UAE. Hughes and baggies signed a heads of agreement hoa with BGN international DMC CBG and a memorandum of collaboration mock with elite tank ship PT, LTD elite tank ship, the hollow with BGN, was signed by the CEO of BGN group, Rea bagan, and the CEO of PIS yoky fernande. The agreement addresses a joint venture JV establishment by the two companies for the acquisition, maintenance, and operation of VLGC very large gas carriers vessels and other types of vessels, headquartered in the UAE, is one of the world apos largest LPG liquefied petroleum gas trading companies, and the largest LPG importer in Indonesia. Quote the VLGC business will support BG Mas imports of proteas LPG at some point, it might endorse the cargo market of ammonia, said commercial director of PIS, arif sakmara. The muck with elite tank ship addresses clean petroleum products CPP, dirty petroleum products DPP, gas, and other commodities needed in the Middle East, and other areas covered by the parties. The mock was signed by elite tank ship CEO, main dish, and PIS director of operations, and Singapore managing director brilliant perdana, elite tank ship, headquartered in Singapore, established collaboration with PIS in chartering the VLCC pert Amina prime, the largest owned vessel and accompany pass pride in May 2022 for a 6 year contract period. About PT per domina international shipping PIS PT, LTD, and integrated marine logistics upholding, PT per domina international shipping PIS supports. Indonesia pass economic growth through safe and sustainable operation, becoming a trusted and reliable maritime partner, and promoting value for stakeholders through running its businesses. HTTPS per tami navies dot com copyright 2023 ACN newswire. All rights reserved. WWW dot ACN newswire dot com
"two companies" Discussed on Bloomberg Radio New York
"Being used to cover meat as debts and liabilities. So he's trying to set himself up as a defense that the underlings at the two companies were doing this and he wasn't aware of it. And that can be a tough defense to really be successful on. What kind of things would the SEC point to to show the center? In order to show the answer, the SEC is going to have to prove a few different things where they could prove a few different things. Number one is the personal benefits financially to banks and freed as a result of these transactions. And courts have held that when a person is getting personal benefits and money that that can be an indication of motive and an opportunity to engage in securities fraud. But even beyond that, it's really the SEC is going to have to look and prove the corporate structure and show how bank and free to prove transactions like money being moved from FTX customer town to almeida, they're going to look at email correspondence between the other employees at FTX that may have updated banking freed about what was happening. And I think importantly, there's been a lot of speculation and rightfully so as to whether they'll be cooperators in this case, other employees like Carolyn Ellison, who was the CEO of el Nida, who made me wanting to cut deals with the SEC and the prosecutors in exchange for their testimony against bank and freed. Does it make it harder for the SEC that so much of this appears to have been done without the normal control so you're not going to see, for example, there were loans that were made and no paper backing them up, I believe, and things were done by emoji basically sometimes. Yes, this is something that the new CEO John ray has pointed out is that there's, in his view, a very shocking lack of any sort of paper or documentation to support loans and why on how money was moved from FTX to el nido research and where the money went from there. However, with digital assets and crypto, there is going to be a record on the blockchain of a lot of these transactions and while it may take more work for the investigators to come through all of those transactions for the last three years. I think ultimately they're going to be able to put together a pretty complete picture of what happened, even though STX's records themselves don't appear to be very good. Coming up next on the Bloomberg law show, I'll continue this conversation with Robert heim, of tartar krinsky and drogon, and we'll talk about how equipped the SEC is to deal with a case like this, involving cryptocurrency. What is the agency asking for if it wins the case? And what about the complaint by the CFTC? I'm June Grasso and you're listening to Bloomberg. Now that so much
"two companies" Discussed on WTOP
"Wharf in D.C., it's 45 auxin hill 45, Sterling 47, some parts of the area down to about 38 overnight. It's ten 40 prosecutors have started their closing argument today. In fact, making that closing argument, this is in the Trump organization's criminal tax fraud trial. And they told jurors that the former president approved a key aspect of a tax fraud scheme orchestrated by several top executives at his family's business. The tax fraud case is the only trial to come out of the three year investigation of mister Trump and his business practices by the Manhattan district attorney's office, deliberations are set to start Monday. The Trump organization denies doing anything wrong. The January 6th committee is meeting to discuss its upcoming report on the capital assault among the topics possible criminal referrals stemming from the investigation. There was a handful of House Republicans, including some in leadership who refused to comply with these congressional subpoenas. They could face referral on criminal contempt of Congress or contempt of Congress to go to the Justice Department. That's a very serious step and it's only been done with a handful of cases in the last administration. The more likely outcome might be an ethics referral to a congressional review. CBS News senior investigative correspondent Catherine herridge. It's ten 41. Knew this evening, at least four sailors assigned to the same Virginia facility, have died by suicide over the last few weeks, NBC News reports they worked for the mid Atlantic regional maintenance center It's based in Norfolk. And many sailors there have reportedly been struggling with personal issues that have been worsened by a lack of mental health resources there on the job. A licensed counselor and one sailor are telling NBC News that sailors there are feeling overworked and undervalued by their leaders. If you are struggling with thoughts of suicide or worried about a friend or a loved one, help is available, it's the national suicide prevention lifeline. You just called 9 8 8. That is 9 8 8 to get some help. If someone were overdosing on drugs, would you recognize what was happening and know what to do? Free training and the overdose antidote that has saved lives Narcan. Now available across the region. Talking about revive training and to having access to Narcan. You can learn this
"two companies" Discussed on Bloomberg Radio New York
"Good morning. Can we squeeze out another day of gains on the S&P 500? Right now, just a little bit softer. Lighter lower negative, a third of 1% on the S&P and still about 6 percentage points higher than the June lows. Your two year is 50 basis points higher than the June highs right now up another two or three basis points. We're climbing now for a 9th straight session on a two year yield. It's relentless. We're closing in on 4% at three 96 on a ten year we're looking at highs we haven't seen since 2007 on a nominal yield on a real yield. You've got to go all the way back to 2011 and as Lisa and I have said repeatedly through this morning, what's happening in the bond market is absolute poison for what's been developing at stocks. Can you get bullish if we're at 4% on a two year yield? In the bond market, you've got to think about the change as well, not just the levels and to capture that story. Just wanted to take a sneak peek at a chart of a two year over the last three, four, 5 years. Just the valley through the pandemic and then up the other side almost go and vertical over the last several months. 12 months ago, we were at 20 basis points, something like 21, 22 basis points, 12 months ago, September 20th, 2021, and right now Lisa, closing in on 4% at three 96, 22. And are we here yet, right? I mean, I guess that's really the question. Is this where we stop, or do we keep going? And I guess that's why people care about the dot plot. I don't know that that will really give people more of a sense, but when do we have a sense of how close we are to finishing this incredible media order cries. And you've raised a good point. It's not just about whether we finish the rise or it's about whether we stay there for an extended period of time and we have to push out that view several years and will these summary of economic projections which include that so called dot plot where they capture communicate convey that part of the story. I mean, honestly, this is the big question. I'm watching this, and I keep also wondering, do we understand the ramifications? And you've been asking this question all day of the end of an era. Do we understand those ramifications on the economy at a time? We haven't seen yields like this going back more than a decade. I don't think we have. We're blowing up ten years of unprecedented monetary policy. Zero interest rates, QE forever, negative yielding debt. Think about it. When we look back at this period, negative yield debt, not just sovereigns, but also corporates as well. And we're moving away from that. And this idea and Christopher owners fatigue was great on this about an hour ago on this program. At least to this idea that you walk away from that, blow it up ten years worth of unprecedented monetary policy and it resolves itself in a couple of quarters. It's difficult to believe. Which is reason why he was talking about a lost decade. And what does that mean in terms of the appeal of cash like instruments? If you're getting yield there and you're not necessarily getting reliable returns with in stocks, you go back to a stock picker kind of argument or do you just basically say, it's okay to hold out in something more liquid. Show me semantics. I think it's got to be the story here. If we had the right shock, we could debate that. And we're about to see the earnings. Starting with FedEx last week and we see more of it this week too. Well, that's why I'm watching Ford. And today I've been really looking at what happened there because they came out and said, they're going to take a $1 billion hit as a result of the inflation that they're seeing in the slowdown there. And they're seeing that the share prices go down by 4.4% as people try to game out what this means going forward. It's falling onto FedEx. It's following on some of these other warnings. And they're all slightly different. I just, again, how much is this the beginning and how much is this an idiosyncratic shift by different companies? The other company that I am watching. Is beyond me, I'm sorry, John, I had to do this. But it's just kind of an amazing story. The shares are up 1% that's kind of not really the story. The story is that chief operating officer was arrested on Saturday alphabet. An allegation that he bit a man's nose during an argument after a college football game in Arkansas. The college football game. At a college football game, but the reason why so many people find this amusing is because it's a company that caters to vegans and people who don't want to eat meat. You know, he bit a man's nose. There are a lot of questions about this. Does that mean he's no longer a vegan? No, you could debate the culinary meaning behind this, but a lot of people are looking at this as sort of a story of note. It's interesting that shares are up. The shares have been absolutely decimated over the past 9 months or so as people rethink the proposition for this company. I'm not sure what the connection is there between the stock and that incident. I don't really, did you notice I didn't even try. I'm just sort of saying that the stocks are up, but it was a fascinating story. I felt like we had to kind of put it out there. It's kind of interesting. Kathy changes here to weigh in. Well, she's not. Kathy stay with us. Don't worry, I'm not coming to you on that. Kathy, we all want to know, a ten year through three 50, a two year approach in 4%. Kathy, these big buys, either one of them for you. Well, we like extending duration here. I think it's unsustainable to have the fed hiking rates at a very rapid rate, doing QT with the economy slowing. We've had 6 months of declining early I. We're seeing the housing market decline. These are unsustainable trends. At some stage of the game, the fad will have to shift and or we're just going to go into a deeper recession than we may already be in. And so we do like expanding duration, albeit, yeah, rates could continue to move up. But I think all we're getting is a deeper and deeper inversion of the yield curve here. And Kathy this call on extended duration ultimately has to be a call on economy rolling Gopher. Jeff
Sohrab Ahmari Joins Charlie to Expose Moderna's Sneaky Strategy
"So Moderna used to be a rather obscure company in 2019. Because of the gene altering technology they call the vaccine, they are now a $50 billion company. Their CEO earns over $18 million. But they want you the U.S. taxpayer to pay for their legal bills. With us to help unpack this who wrote a very interesting story about Moderna, so rob Amari, so rob, welcome back to the program. Thank you for having me. So tell us about this piece, Moderna wants you to pay its legal bills. Walk us through it. Yeah, it's a piece set up here in compact magazine, a relatively newish populist magazine that I've cofounded. And this was under my own byline. I mean, we published many other people, but I wrote this one because I personally was just really outraged by this story. Whatever you think about the efficacy of vaccines or vaccine mandates, this should not be happening. As you said, the company Moderna none of us had heard of it. Only a very few people who lived in the Boston Cambridge area where it's headquartered had heard of it. And justly so, because Moderna had never successfully brought a biopharmaceutical product or drug to the market up until the COVID pandemic happened. And then soon after the virus's genome was mapped by scientists and became publicly available, it put together a vaccine very, very quickly. In fact, it's one of its executives at the time boasted that it literally took like one hour over a weekend to get this thing done. So why was it so easy? Well, because a different pair of companies, one Canada based on one Switzerland based charge in a lawsuit that they filed against Moderna, earlier this year, that everyone knew this technology of mRNA of delivering a specific kind of genetic code to a cell and telling teaching the cell to do various things, including fighting viruses. That had been known for 20 years. What was always difficult about it was how to get the mRNA into a past the membrane of a cell into a cell safely and while maintaining its integrity. That was technology that these two companies had perfected, they say, over decades. And in other, for other product groups, Moderna actually licensed it from these two companies. But in this case, they didn't get they didn't get a license. They just borrowed, let's say. They just borrowed the technology without paying these two companies.
New COVID vaccine nears authorization as FDA to review vaccine for kids
"Is ordering up millions of doses of COVID-19 vaccine for children under 5 They haven't been approved yet but The White House says the government has begun allowing states and pharmacies to order Pfizer and Moderna's vaccines for kids under 5 years old About 5 million doses are being made available so far about 2.3 million orders have been placed with more expected and FDA advisory committee is scheduled to meet next Tuesday and Wednesday to review data from the two companies with the decision expected shortly after If the vaccines are approved for emergency use authorization White House COVID-19 coordinator doctor Ashish jha has said vaccinations could begin as soon as June 21st I'm Jennifer King
Chip Shortage Further Impacts Supply Chain Issues on EVs
"But you want an electric car New Jersey dot com If you think an electric car will be your ticket to avoid spiking gas prices or if you want to buy one because your patriotic Well don't count on it unless you already have one in your driveway Ongoing supply chain issues are plaguing the makers of gas power to an electric vehicles alike and the war in Ukraine is adding an extra few twist of the shortages Oh do tell A chip shortage has kept new and used vehicles in short supply throughout the pandemic but now things could get worse So Michelle krebs an executive analyst for auto trader much of that comes from Russia she said and in Ukraine two companies that produce half the world's supply of neon which he's used to make chips shut down last week Oh well somebody better wake up old Joe and tell them somebody better wake up lunch bucket and let them know
"two companies" Discussed on Bloomberg Radio New York
"By splitting companies up people give investors an opportunity to express the kinds of beliefs that investors are likely to have rather than to bat on somewhat oddly and historically constructed sandwiches That's what I think this is about and I think for the most part it's a good thing It's the former US Treasury secretary Larry summers they're saying that Johnson & Johnson's move to split off its consumer division is actually good thing Investors cheered the announcement That's for sure shares rose on Friday Follows in the footsteps of other big drug makers that have moved to focus on the more profitable pharmaceutical market The timid and see on it Scores he spoke with Bloomberg's David Weston after the announcement This is something that we've been looking at for years that we've been we've given a lot of reflection and careful consideration to And look we've long said that our diversified portfolio strategy was one that was founded based on where the markets were going where we saw innovation going in as we've seen things switch in a pretty significant way over the last few years We think that it was important to make this announcement today that in fact we're going to separate our consumer division to form an independent publicly traded company And look there's a lot of factors playing into it And some of it has to do with the way innovation and technology has evolved the way that can consumer channels particular ecommerce has changed COVID-19 We think also brought about a fundamental change in the way that the people that families think about personal care and when we compare and contrast that to our pharmaceutical and medical device portfolio we just felt that this was the appropriate time so that both these new companies can really accelerate their growth can reach even more patience and consumers can be more targeted and their strategies and execution and capital allocation And ultimately create more value for all stakeholders So as you say Alex both of those businesses have really changed a lot Both the pharmaceuticals and also the consumer facing one Before we talk about the market sale tell me about the finances of it Johnson Johnson has always been very proud of his triple-A rating Do you think you're going to keep that rating And maybe just as important is it not as important to have that today because of low interest rates projected out in the future Well we do think it will be maintained But look we've also always said the triple-A rating was not in and of itself a goal of ours to maintain rather it was a reflection of the way that we run our businesses at Johnson & Johnson And I think what's really important at this particular moment David is that we're doing this from a position of strength In fact if you reflect back just at our last quarter all three of our businesses are operating at very strong competitive positions growing at a rate faster than the markets in which they compete We've been growing share the pipelines are stronger than they've ever been And so we think this is again a way to unleash additional growth across both companies as we go forward Alex talk about that at what I described as high return but high risk part of it That is the patent covered medical treatments both devices as well as prescription drugs Does this free up cash to invest more cash in other ways would have to invest Because those are very expensive Well you know David the way that we try to manage our business for the long term is one where we're always looking for that next level of innovation because we understand that whether it's patent expertise the launches of the biosimilars or new products just introduced by different competition That is part of our daily business And so when we do our planning we're always trying to think three 5 ten years ahead And if you look at the track record that we've had in our pharmaceutical business for example whether it's been over the last ten years 5 years or three years in spite of literally billion billions of dollars of losses due to those other types of patent expertise or competitive launches we've been able to maintain an above market growth rate based upon the innovation the new product launches that we've been introducing throughout that period We take the same approach with our medical device And again we think both of these businesses have the potential to be growing at least mid single digits and above going forward And we think this is going to better position our consumer business in this evolving environment that I mentioned earlier to be even more agile more flexible and even more innovative to reach more consumers around the world Do you anticipate it will be a faster rate of growth because it will not be held back by consumer Well look all of a part of all of our objectives here is to accelerate growth Absolutely That's part of our goal here And look we see that possible by just being more focused Being able to even better allocate capital to have a better balance perhaps in some cases between the corporate and the organizational structures And we think that by allowing each of these businesses to take that path forward that they'll be more successful both on the top but they'll also be able to be more effective and efficient on the bottom as well Johnson & Johnson CEO Alex gorsky Much more heading your.
"two companies" Discussed on Bloomberg Radio New York
"Sara Lee Kessler has more Band aids listerine and baby powder have long been the face of the New Jersey company but J&J is sing bigger profits in its pharmaceutical and medical equipment division which makes cancer drugs surgical tools and a COVID-19 vaccine The company's plan to split in two over the next year and a half is the biggest shake up in Johnson & Johnson's 135 year history Sarah Lee Kessler New Jersey A majority of Americans think their lives are interesting enough to be a book a recent survey conducted by one poll for a thrift books revealed that 55% of respondents believed their lives could be immortalized on the page However only 8% actually completed a novel themselves I'm Brian schuck And I'm Charlie pellet at Bloomberg world headquarters A second day of gains for the S&P 500 Index stocks advance led by technology and communication services as inflationary pressures continued to reverberate through markets Chris verone is head of technical and macro strategy at strategic securities When you look at the leadership profile of this market right now financials have held up Great We're seeing more cyclicality from groups like industrials basic materials factored a bit stronger here again So I think at the margin the market is telling us that hey this economy might actually be reaccelerating and one or two fed hikes in 22 is not going to derail back Chris baron of strategists and Michael hewson is chief market analyst at CMC markets The big question that markets are facing now is how well consumers are able to absorb these price increases and more importantly companies are able to absorb these price increases as we head into the Thanksgiving Blake and the Christmas period Michael Houston of CMC markets But what about the interest rate environment in the next year Lisa hornby is head of U.S. multi sector at schroder investment management We're also going to be faced with the reality of withdrawal of liquidity that seems to be happening globally Of course the fed is reducing its asset purchase program It will be complete by the end of next year excuse me middle of next year And we'll be looking at rate hikes I think very shortly after that Lisa hornby of Schroeder investment management For the week the S&P 500 Index was down three tenths of 1% Today the S&P climbed 33 points up 7 tenths of 1% the Dow up 179 up 5 ten NASDAQ up a 156 up by 1% Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Charlie pellet This is Bloomberg.
"two companies" Discussed on WSJ What's News
"Three major companies announced they were splitting up. General Electric, Japanese conglomerate toshiba and the world's largest healthcare company by sales, Johnson & Johnson. J&J says it will separate into two companies, one focused on its consumer business and the other on prescription drugs and medical devices. But how much of that decision is due to changes in healthcare and how much, like in the case of GE and toshiba, does it have to do with pressure to simplify and clarify its business structure? Joining me now with more is Wall Street Journal health business editor Jonathan rockoff. Hi Jonathan, thanks for being here. Hi, Anne Marie. Thanks for having me. So Jonathan we've seen three big companies announce splits this week. What can you tell us about the main reasons for Johnson & Johnson split? Well, the Johnson Johnson split is huge. You'll remember that Johnson Johnson is the world's largest healthcare company by sales. And its history is intertwined with the products that it's going to be splitting off. I mean Johnson & Johnson is band aids is Tylenol is listerine and Johnson & Johnson's history is rooted in these products and our connection to the company is through these products. And now Johnson & Johnson is splitting them off. There are a couple reasons why Johnson & Johnson is doing this. Over the 135 years that Johnson & Johnson has been around healthcare has changed a lot. It's gotten a lot more specialized than in the late 19th century when it introduced the first medicated bandages, for instance, or indigestion tablets. And prescription drugs and medical devices have gotten a lot more complicated. They require much more advanced science than the consumer products do. And the different businesses also have different profiles. The consumer business isn't very risky, but it grows very slowly while the pharmaceuticals and medical device businesses are much less predictable. Jonathan, how might this split up Johnson & Johnson fit into the current medical and pharmaceutical landscape? Are we seeing other companies in this space make similar moves? Yeah, I think this is actually of a piece with the general direction of healthcare, which isn't a surprise because Johnson & Johnson's history is the history of healthcare in the United States, right? As it's become more specialized and as Wall Street has valued healthcare companies differently, we've seen other pharmaceutical companies make the same sort of splits. So earlier, Pfizer and GlaxoSmithKline took their consumer units and merged them together into a joint venture, likewise, Merck sold their consumer unit to buyer. And all these pharmaceutical companies are making this decision. These consumer units, even though they may sell medicines, those medicines are sold over the counter. And they don't really fit into the complex prescription drugs for cancer and autoimmune diseases. And so what these companies are figuring is that if they separate these businesses, they'll have management that are better focused on growing these businesses. And that Wall Street will give each of these companies the appropriate values. So they say that three is a trend, are there similarities here between J&J's decision and the news we heard from General Electric and toshiba this week that they'd also be splitting up? There are in their aren't. On the one hand, at a macro level, I think all of these breakups come from a similar place, managements, making strategic decisions about the core competencies of their companies and the hazy valuations that Wall Street is giving their companies because they're sort of a mishmash of different kinds of competencies. And so management is making a very strategic decision that if they divide companies into core competencies, they will have much leaner and nimbler companies that Wall Street can value better than if they kept all these companies together and moving forward. But I think the Johnson & Johnson case is different in a lot of respects from General Electric for instance. General Electric is a true conglomerate, and Johnson & Johnson is not a conglomerate in the same sentence. It's very diversified within healthcare, but even though it's diversified within healthcare, it is the product of this organic evolution that healthcare has gone on over the last a 135 years. The shape of Johnson & Johnson is the shape that healthcare has taken in all its various forms over more than a century. And so in that sense, the breakup isn't the same as the breakup of General Electric, for instance. It's speaks to something different. So you have touched on this a little bit, but what are investors trying to tell the market about massive companies or conglomerates? What can we glean from these three big announcements this week? I think that's one of the more interesting aspects of all of this at times Wall Street rewards companies for diversifying. And at other times, Wall Street sort of pushes them to focus. And I think we're in a period now where Wall Street rewards focus, or at least wants to see money going to companies that are focused and I has a hard time valuing companies that are very diverse. In the case of Johnson & Johnson, more and more of this company's sales have gone to pharmaceuticals and medical devices. And they have a different valuation on Wall Street than consumer products do. And what Wall Street has been signaling through previous spin outs of consumer units by Pfizer and glaxo and Merck, Wall Street has been signaling is that we value consumer businesses differently than pharmaceutical businesses. And while I don't think this was necessarily the driver of Johnson & Johnson's decision, I think that it was a factor in how Johnson & Johnson does look at their business and why they are making this change. That's Wall Street Journal health business editor Jonathan rockoff Jonathan, thanks so much for your time today. Thanks, Anne Marie..
Johnson & Johnson to split into 2 companies
"Johnson and Johnson the world's biggest maker of health care products is splitting into two companies first know the companies will not be called Johnson and Johnson the Johnson and Johnson name will remain with Jane J's medical device and prescription drug business the division that sells bandaids Listerine and over the counter medicines like Tylenol will become a new consumer health company name not yet disclosed CEO Alex Gorsky says the two areas have evolved as fundamentally different businesses you know it's the consumer health business has more than twenty brands that each have over one hundred and fifty million dollars in annual sales the split is intended to make each company more nimble and adapting to their respective markets and allow for more precise allocation of capital I'm
"two companies" Discussed on Bloomberg Radio New York
"From Washington D.C. with your world national news Amy how I thank you Matt Johnson & Johnson says it's splitting into two companies It's consumer products business will be separated from the pharmaceutical and medical device side of the company Johnson & Johnson CEO Alex gorsky tells Bloomberg television the pandemic showed how the market for consumer products has changed As we've seen things switch in a pretty significant way over the last few years we think that it was important to make this announcement today that in fact we're going to separate our consumer division to form an independent publicly traded company Johnson & Johnson CEO Alex gorsky says the move is in the best interest of patients and healthcare workers An unprecedented number of Americans 4.4 million quit their jobs in September and hiring challenges are not getting any easier The latest jobs report highlighted a low participation rate plus a quarter of U.S. workers are considering a job change or retirement in the next 12 to 18 months This as consumer sentiment unexpectedly collapsed in early November The University of Michigan's preliminary set of an index dropped to 66.8 from 71.7 in October trailing all projections in a Bloomberg survey of economists which called for an increase to 72 and a half 24% of households expect to be worse off in the coming year and that's the highest since June of 2008 Vice president Kamala Harris in France addressing those inflation concerns We need to bring costs down for the American people And in particular for working people and working families she says it's a top priority for the Biden administration Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries.
Netflix Wins Big at the Emmys
"The emmys were last night and netflix. Dominated the show we look at what series one and wide net flicks is the king of tv right now. I'm oscar gonzales filling in for roger. Chang and this is your daily charge. Joining us is seen at senior reporter. Joe salzman welcome joan. Thank you all right. Well let's break down the show last night be who are the big winners in and one who who won. Let's put it that way. Well we're talking networks slash service. Netflix As you noted was the true winner of last night it one more emmys than any other network at one more enemies than the next two companies combined and it was the first time in years that hit that it outright beat. Hbo and the number of wins at tied. Hbo once in two thousand eighteen but really hbo has been the king of any statues perennially for for years. It was also the most emmy wins that any net tied cbs way back in the pre Streaming pre cable dominance era. Cbs one forty four emmys in one ear. And that's the most up until the only network. That's one that many up. Until this point. So in terms of the companies i wanna flex was was clearly out ahead and then partly. That was because of some of netflix is shows the crown one At tied with the queen's gambit for the most emmys first single program they both want eleven and then among others you know there are a lot of standouts from scrappy your upstarts from apple d. Plus for example ted lasso. They're sort of sports workplace. Fish out of water comedy series won seven awards total Including big awards for comedy series and three acting awards last night so it was a big night for streaming services and a big night for some Buzzy rituals that may be people hadn't heard of before
Netflix Rules the Emmys, Topping HBO as Winner of Most Awards
"All right. Well let's break down the show last night be who are the big winners in and one who who won. Let's put it that way. Well we're talking networks slash service. Netflix As you noted was the true winner of last night it one more emmys than any other network at one more enemies than the next two companies combined and it was the first time in years that hit that it outright beat. Hbo and the number of wins at tied. Hbo once in two thousand eighteen but really hbo has been the king of any statues perennially for for years. It was also the most emmy wins that any net tied cbs way back in the pre Streaming pre cable dominance era. Cbs one forty four emmys in one ear. And that's the most up until the only network. That's one that many up. Until this point. So in terms of the companies i wanna flex was was clearly out ahead and then partly. That was because of some of netflix is shows the crown one At tied with the queen's gambit for the most emmys first single program they both want eleven and then among others you know there are a lot of standouts from scrappy your upstarts from apple d. Plus for example ted lasso. They're sort of sports workplace. Fish out of water comedy series won seven awards total Including big awards for comedy series and three acting awards last night so it was a big night for streaming services and a big night for some Buzzy rituals that may be people hadn't heard of before
"two companies" Discussed on Scientific Sense
"That can be tweet to bolster desirable habits. And so i think if you really embrace that There's so much we can learn so much we can do yes. This is a technology adoption. So it's puzzling. To me in a sense that this inflammation every now and so now you know the two companies quoted okay. Good company accede. Do has flown a new technology. And what you're finding here. Is that if company. Ace of are crews to comedy x. Is a high probability that they adopted seeing technology over time Little bit puzzling. In the sense that in inflammation age today. You know we're just google it you i know..
Is the AI Market Saturated?
"My first question is is the market saturated and without picking winners. What products us rising to the top. Good that you're asking this question right now in general timing of the world because here we are for those who are listening to podcast. August the twenty twenty. One people might be listening to this year from now. So this'll all seem really quaint. To those in the future but the markets actually in the midst of consolidation. Saying we're actually starting to see a lot of acquisition activity and we do track over one hundred vendors and machine learning platform space about seventy two of which meet the minimum threshold of viability. There's lots of startups in the space. We love startups. We have an affinity for companies of all sizes but when we're looking at companies who are buying products and services we tend to look at those companies that have either at least ten customers or have at least ten million in revenue or at least ten million dollars in venture capital they if they have like to customers and no venture funding raised in a little bit of revenue than. We're like just grow little bit more a little bit more. So this is about seventy two companies. At least that are in that that john rao of course all the cloud vendors are in that space. The major cloud vendors microsoft. Ibm google amazon And a few others. So those were recalled the cloud sas machine learning as a service vendors basically and then there's a whole other category of pure play machine learning platform vendor so you may be familiar data robot or did i do in that space a bunch of others that are kind of trying to pull together all the components of what's required to put machine learning and advanced analytics solutions into play and increasingly. What they're doing is they're growing through Both building out their product suites and through acquisitions so she did robots but on a tear lately did i. Two as well as been been really growing raise very significant round recently but the answer is that this market is actually starting to
From FORMULA ONE to AI: An Interview With Alex Castrounis
"Welcome. Alex so excited that you're here. We'd like to start by having you introduce yourself to our listeners. Tell them a little bit about your background. And why you started the ai with youtube channel and maybe also you know what is why of ai. Absolutely so thanks again. A super excited to be here of again. I'm alex julius. I'm a founder of two companies. Actually one's into architect any others. Why on the author of a book called a. i. for people in business framework for better humane experiences in business success now also an adjunct at northwestern university kellogg Teaching a as part of their. In the i graduate program And so yeah. I got into a quite a long time ago. So i have sort of a strange unusual kind of career path but Used to work in indycar racing for about ten years so it was a race strategist engineer. Any data scientists in indycar racing Sort of set my sights on that When i was actually in highschool i kind of made a decision to go into that field. I had seen very first indy. Five hundred when i was like junior high school blew me away. I guess i'm doing that for sure for living someday. In a defendant pursued that and then you know sir fast for after college got my first opportunity in the professional sports industry in these cars you know. They have eighty ninety sensors on them. That are measuring. Everything you can imagine from. Temperatures pressure is to displacements two rotations. To forces the everything. And so it's like literally iot an iot system moving at like two hundred fifty miles an hour that sending data over the airwaves in telemetry all this but really also data in the truest sense of big data because just mounds mounds of data
"two companies" Discussed on Newsradio 600 KOGO
"A little bit. These detectives have to deal with not just tracking these killers, but the wild and harsh landscape that is Alaska. The first episode, details Memorial Day 1997 when a couple of hopes of living the Alaskan dream and in murder That's Michele Pelino reporting. All right. It's time for news about your money. Brought to you by bail are making nothing happened since 1946 and Sully is telling us what fighters FDA approval actually means for stocks. Well, guys yesterday as you probably heard here on news radio, 600 Kogo, the U. S. Food and Drug Administration granted full approval to the fighter Biontech coronavirus vaccine for people aged 16 and over. And it's the first vaccine to receive the designation. And since 2020 investors have been rallying behind shares of Pfizer and Germany's violent tech, the two companies that were poised to play the crucial role in helping bring an end to this devastating coronavirus pandemic and those bets have paid off. Get this fighter shares gained 2.5% yesterday. Biotech stock jumped 9.6, but for context since last December In the last 8.5 months when the vaccine received its first emergency use authorization. Pfizer stock is now up 30% from then bio in Tech shares are up 207% during the same period, by the way, vaccines usually are not the most profitable product for Big pharma, particularly when compared to drugs used to treat chronic conditions. Dow Jones NASDAQ s and P. All looking in the right direction s and P and NASDAQ, actually in record territory. NASDAQ Up 59 at 15,002. S and P up. Eight at 44 88. Dow Jones up 29 35 3 65 coming up here at 8 25 Inflation is officially spreading. Not so great news, but I'll tell you all about it coming up here at 8 25. All right. Thanks. Sully. The January 6th investigation is underway, but some are surprised by who's getting subpoenaed. That's on the way along with your traffic and your updated.
Toys R Us Is Coming to Over 400 Macy's Stores
"Toys R Us is getting a second chance. Thanks to Macy's. The two companies are teaming up to sell toys on Macy's website, as well as opening up small shops and 400 of their stores next
GE Appliances and Google Announce Partnership
"This morning. A new partnership was announced between google and ge. Maybe the first time. I've ever mentioned ge on the show but it's ge appliances specifically and this is to build out smart appliance capability. So you can see how that would make sense. Quoting the louisville courier journal. Which i believe is the first time i've ever heard from them. As well. quote continuing on the momentum of recently launched new refrigeration line louisville based ge appliances is partnering with google cloud to focus on bolstering the manufacturers smart appliances capabilities. The two companies announced thursday the multi year deal folds into the louisville based organizations multi cloud strategy said shah chief digital officer of ge appliances a higher company cloud computing provides computer system resources like processing and storage without direct active management by the user shah said in an interview with the career journal that ge appliances currently works with amazon web services and oracle cloud infrastructure. The partnership with google cloudy said we'll leverage the california based platforms data capabilities shazad. Ge appliances plans to be proactive with intelligence collected through google cloud such as learning potential issues with appliances alerting customers and finding potential solutions. Ge appliances is constantly looking for ways to improve consumer experience. Shaw said for example. He mentioned that through cloud computing. The company was able to roll out an update to remotely add air fryer capabilities to two hundred thousand ovens and ranges just this past april and
Behind the Headlines at Boeing and Airbus
"Boeing last week wild wall street with its first profitable quarter in a long time but ceo dave. Calhoun seem less excited about when the company might launch. Its next clean sheet airplane in fact some believe he was signaling. It could be a long ways off for its part. Airbus's looking to aggressively ramp up production to cement. Its formidable lead over. Boeing in the narrow body market while embarking on a long and expensive are effort to develop a hydrogen-powered aircraft but twenty thirty five aviation week editors listened in on earnings calls and tried to make sense of where the two companies are heading. It was truly an exercise in reading. The tea leaves joining me to discuss. That are two of them. Senior editor guy. Norse an executive editor. Yen's floto guide. Let's start with you. Dave calhoun had been saying for a long time. If boeing launched a new clean sheet aircraft. They couldn't wait for the propulsion makers the propulsion wouldn't be ready would have to be other advances to to make the business case now. He's talking about the importance of propulsion advances. Is that a signal that this next airplane which originally was called anna may is not coming for a long time. is that what. He's gently telling us. Well so really good question i mean the point is is that we simply are in the dark so we just we should admit that up front to to start with so we are as you say. Having to look at the tea leaves along with everybody else so so what do we know. We do know that as of june as you mentioned calhoun told us you know he said. Look you know. We're sticking to his message. whatever comes next. We're not talking about big leaps in propulsion. You know we're just going to. All the savings are going to be made to the airframe technologies like that which was was fine near that made sense but something has changed and of course the big news from the propulsion side is the emergence of the cfm rise program. The open fan open rotor technology demonstrator.
Sunset Studios to Spend Almost $1 Billion on New U.K. Film Studio
"Ramped up demand for original content, boosting the need for production facilities. Now the investment firm Blackstone is teaming up with Los Angeles. Space studio operator Hudson Pacific to build a film studio north of London. The two companies will spend $974 million to build a new studio in an expansion of the Piers Sunset Studio business whose Hollywood lots have been host of films including LA LA Land
Conversational Text Messaging With Raj Suchak, CEO of Grid Seed
"So. Why don't we start with where you are located in the us. A little bit about yourself. Maybe how you even got into the business that you're in and then just a little bit about your business. Yes so yeah. My name's raj. I embrace out of buffalo new york. We are roughly twenty five minutes away from niagara falls You know if you've been to anywhere close to Toronto or western new york or niagara falls were very close Buffalo is a great place by the way. Lovely lovely city. We'd love buffalo. I lived in buffalo. Roughly eleven years And Two young kids. We're we have set roots here now and this is my second company. The company is called grip seed g. our it No pun intended boggling for irrigation seed. I'd yeah so this is a good seat is a conversational texting platform. I'll tell you all about it in just a bit. But i'm a little bit more about my background. I'm a techie. I'm a geek. I like to write code. i Working in a price offer for for a long time now work at salesforce dot com companies. Starting first company in here. We are my second perfect. You fit right in because that all the things you said makes you a nerd. So welcome to the to the sprinkler nerd community. Where you go. I wear that badge with pry. Absolutely someone says and are such a nerd. Thank you yes we should. We should create a nerd flack role in our front lawns. Are offices a difference between being a dork. No i'm not a dork. I'm a nerd. I'm proud of it. You don't call me a dork. Dork is condescending. But right learn honor
"two companies" Discussed on Newsradio 700 WLW
"Into money, But in case they blow it, I need the latest investment news. It's time for the Bloomberg Market Minute on 700 wlw. Alright, Mr Bellinger of the weekend's almost Here for us now. Parents of young. Yes, it is. Feeling the impact, apparently. Diaper inflation. Why are diapers up? Well. Two companies, just two companies Procter and Gamble and Kimberly Clark make all of the world's most popular brands of diapers, and both of them are passing higher raw material costs along to customers. That's the bottom line. Nielsen reports that at the start of this year, average diet for prices were up 14% from a year earlier, and there's been no relief, since distributions from diaper banks have increased by 68% this year. Alrighty, then a milestone for American hotels. What might that be? Yeah, Leisure travel is rebounding, and by one key metric they're doing better than they were before the pandemic Lodging. Analysts at str report revenue per available room was up nearly 6% last week compared to the same period in 2019. Hotels in Phoenix saw the biggest games then hotel is open for a big weekend. But so am I. Right? Yes, Hollywood hoping for the best. Walt Disney is releasing the Marvel movie Black widow in theaters today. It's also available for purchase online if you prefer to see it that way. How that movie performs, will help the industry to gauge the prospects for about 70 movies that the studios held back because of the pandemic. Alright, and lastly, Microsoft plans around of Employee bonuses. Yes, it's going to spend about $200 million on these one time bonuses to thank employees for working through the pandemic. The verge reports the bonus plan was outlined in a memo to workers. Every worker below the level of vice president will receive $1500. That is nice. It is all right. Where are our futures? Please? Well, we're mixed again. NASDAQ Futures are down two points. But the S and P futures are up 19 points and the Dow Futures are up. 254 have a great weekend from Bloomberg. I'm Jeff Bellenger on news radio 700 wlw..
"two companies" Discussed on CodeNewbie
"Sort of two companies in one there is the streaming side which is all this stuff. We're familiar with this consumers of the platform so there's a streaming out for your phone. They're streaming on the browser but there's also streaming apps for he has thighs and roku. Tv's and all of those things and then there's the studio side because netflix creates original content. Which means it basically runs. Its own studio. And there's lots of software engineering that goes on for that and because both sides have large groups of engineers they share some resources and that's called the platform team and that's where my role lives so i'm working on a system that's going to help enable developers to discover and use all of the different services that are sort of turnkey for them so you can imagine in a company that has engineers on so many different things you know. Having the way to just work with the netflix cloud offering and node is like a turnkey solution. How did you discover that. That's a thing and working with you know there's an authentication solution or there is a raphael solution are all these How'd you find these systems. How you figure out who owns them. How do you ask questions about them. Had you find out if they're down or broken so we're working on a platform that does that career karma helps code newbies with free career coaching and a community of peers. And mentors to help you learn to code and a high paying job in tech in less than a year download the queer karma app.
"two companies" Discussed on Shop Talk Live - Fine Woodworking
"Slash sub years. It yet can. I tell you guys something i can. I use it in the podcast. I i maybe you know how we talk about by being looking at movies and all that stuff like you always notice the furniture everywhere you go. This is how i know that. I'm too steeped in woodworking and i need to get a hobby. That's completely not connected. Because for the entire pandemic. I'm noticing the way people are building their plexiglass divider things and i'm judging them. Well no. I'm not judging them but there are certain times where i'm just like road. That was a good idea. And everybody's using pine and some people are just like cutting two by fours but some people are milling the two by fours down so there are a little bit nicer. Some people are just putting grooves in the pipeline. Some are doing finger joints with like. That's how i know. I'm too far gone because i'm noticing the way everybody's building there and i'm commenting to them like you did a really nice job holding this plexiglass in the middle of the ski resort or wherever it is that's true it became an instant cottage industry. Yeah even if there were two companies dead plexiglass dividers. You know they were booked up solid. It's everybody in their french. Who's a carpenter had to learn how to do plexiglass dividers dakhli. So many variations also blue tape because of covid so everybody's using blue tape took coordin- off their chairs in the dentist's office. They have blue tape across all their chairs except for the ones you're allowed to sit in a little late to the game with this observation. But i have noticed some blue tape arrows in the aisles of grocery stores. I'm really glad that the ariza going away. This kind of nice because then you look down and you see one staples. It's just like like are they going to enforce it or do they know it's still there or the guy who was supposed to peel them up. Forget this road. Like i don't know. I just finite turnaround walk backwards in the same direction. Yeah right maternal. What we usually. You're the quick one then. Okay oh yeah so why was there not a plexiglass shortage or was there is my question. There doesn't seem to have been that's very interesting Big lexi say there. There was one. I bet there had have been. Yeah we need to talk to someone who's been doing. A lot of the.
"two companies" Discussed on TalkRadio 630 KHOW
"Are running out of time. But I promise you this. Anybody who doesn't get on we will take your problem. Tomorrow, I promise. Now, listen, This is very important. All right. Larry signed a contract with this company. Complete remodeling solutions gave him 4000 down. Carol signed a contract with him gave 2000 in cash in 12,000 in loan proceeds dispersed to them. The contractor. Complete remodeling solutions was the company Marty Toma, they thought was the president. And they thought Ed L wine was project manager. Now one offices vacant One is a P O box. Um, and here's the deal. They have an attorney Carey, Reilly, Kutner and Brennan. And before today, um they had a voicemail that people were doing. People were leaving messages. But now a deputy, Doc got a new message when we just called, So we're making some headway. At least they hear us. And as I said, if they have a problem that's legit. They you know they truly were affected, and we're, you know, had a bankruptcy. That's different unless it was engineered. I don't know yet. We're gonna look into it. So what did you hear? Well, when I called the office number, it said CRS is no longer in business. If you have any issues, please call our attorney Carey Reilly, and they gave the number for the attorney. Okay, so they're saying that they are no longer in business. So at least we're getting that far to find that out. I would be sorry for anyone who has done business with complete Ramadhan solutions was really funny is they were sounding like they were taking work. I mean, they were answering that phone like a business up until we just started around till an hour ago. All right now, Galen. Again. You're owed money. You want to know what to do. We said you got a couple ways to do it. You sue them directly, or you do a lean and foreclose or do both at the same time. Um, those are your quickest ways to get paid. When were you? When did you complete the job? About a month ago. You gotta get on it and then do that 10 day. Listen, why don't you hire an attorney to do this for you? It's really worth it. That's a lot of money, and he can add his fees to the money. I'm telling you, If there's equity in this home there is no way you won't be paid. You can sell this house. In fact. You know, you can assign your right. Can he assigned his rights of that lean right now and let me do it, Or does he have to go through with it? J. I don't know about that. I'm pretty sure that he has to go through. Go through with it himself. However, your advice for him to get an attorney is spot on out. I would call Frank balls sues. Give him frank balls number And if he can't do it, we'll have someone else But Galen at any time. Listen, if there are contractors that need help, and there is equity in the house, everything you spend everything. Is added to that judgment, so and if there's equity there is no way you can't be paid. Suze, can you talk to him off the air? Thank you, Terry. Let's try to at least get the starting. What is your roofing question, Terry. Hey, Thanks for the service you provide to the community. Thank you, sir. Help me up. He helped me out 35 years ago and listening and learning never said Whoa. Tell me your story. We'll just then I'll find out what I did 30 years ago. Go ahead. I'm a little bit of a quandary about my 20 year old roof. I've called two companies, one that Mandy advertises for And I have some damage and he could he said. Well, it could go 70 30 either way. What do you mean? Seven? I don't get it. What do you mean 73 70 70%. Possibility that they would replace my route. I I would call it Would I tell customers sometimes Tom when it's questionable or on the fence? It's a 50 50 chance with the adjuster. It could go one way or another. Now, listen, tell you that J because Chris Came over this morning said.
"two companies" Discussed on The Pomp Podcast
"And some of its remain in good standing with regulators and with the irs and things like that in empower with right documentation as office just like. It's just a good experience for them. Right it actually helps. Our customers be more successful and therefore of course you want to do it and so it feels like this is inevitable that every single company is going to incorporate the reporting going to incorporate it natively inside the software. Like there's just this element of like duh i. It sounds like you've had that idea now for a couple of years but it filling now hebrew waking up and it's becoming very obvious that this is where we're going. Yes that's exactly right. We obviously loved the block fight team and yeah you can connect your tax but account all your transactions right there within their app you know with one. Click and your taxes are done. Well just wait for what's coming. There's so many more announcements between our two companies around the corner. It's going to take this to a whole 'nother level But that's how the equity industry has existed pomp is. You don't have to go and figure this shit out on yourself. Equity brokers have those tax enter tabs. And they help you out and so the hurdle here. This wasn't something we invented per. Se the idea that technology hurdle was the hurdle this is a different asset classes voluminous. There's transfers on and off platform. there's folks airdrops. There's all these complications. Trae don't exist in the equity space and so that's why it took us a long time. Three years in stealth mode grinding. This out just working on the tech to be able to scale to the masses so it was inevitable to us and it's really exciting to see and i think throughout this year you're gonna see tax but become a household name With so many of the largest broker dealers lending platforms banks and not just in the cryptocurrency space. But in the equities and commodities and whole token economy space. Yeah it's fascinating when you start to think about Bitcoin than the cryptocurrencies then token is equities. And you kind of keep going out but from a tax software provider doesn't really matter right..
Privacy and Security Updates to Be a 'Main Focus' at WWDC 21
"Who wins the noisiest noise boy award this week for your consideration. Wedbush analyst daniel. Ives we'll start with a piece from apple insider. Which has i've saying privacy and security. We'll take center stage at next week's worldwide developers conference that is of course along with previews of new operating systems and saying on the operating systems. The report has ives saying that. The upcoming ios fifteen will include new privacy protections changes to the lockscreen and notification center and new features. And i message. I've says all of that will the cupertino company on more of a collision course with outfits like facebook though it is difficult to see how the two companies could be on more of a collision course than the wreck. They've already made.
EU: 100 Million More Pfizer/BioNTech Doses to Come
"The pharmaceutical company by on tech and its US partner finds a sense they will provide one hundred million more doses of the coronavirus vaccine to the European union this year the two companies say the twenty seven nations executive commission has exercised an option to purchase the additional doses bringing the total number of shots set of delivery to the E. U. in twenty twenty one to six hundred million the announcement offers a much needed boost to the E. U.'s sluggish and much criticized vaccine rollout biotech's chief business officer Shawn Merritt says deliveries of the company's M. RNA based vaccines this year will cover two thirds of the E. U. population the block has so far administered about one hundred five million shots to its population of some four hundred fifty million people I'm Charles the last month
"two companies" Discussed on NewsRadio KFBK
"Those two companies have agreed to a six year deal in which Google will be responsible for in vehicle connectivity, cloud computing and artificial intelligence. Okay, well, they spent nearly two hours in the Oval Office with President Biden. The group of GOP senators departed The Oval with on Lee one Senator Susan Collins, speaking on behalf of the group. We're joined now live by ABC news correspondent Elizabeth Scholesy, who is in Washington. Can you tell us more about what happened during this meeting? Hey, Good morning after this was two hours, both presidents in and these 10, Senate Republicans said this discussion was productive. But neither really acknowledged that any progress has been made. Despite this long meeting at the White House on a compromise for a covert relief package, As you mentioned we heard from GOP Senator Susan Collins, who is the spokesperson for this group. Essentially said We did not come together. But that was a good discussion between the president, the vice president how we can work together in the future, and the White House echoed that sentiment in a statement afterwards, calling it productive but also saying that President lied and will not settle for a package that doesn't meet this moment. So essentially, what we're hearing is that as these GOP senators are proposing this smaller $618 billion package White House President Biden and Democrats in Congress are trying to move forward with President Biden's plan, which, as you know, is much bigger $1.9 trillion Listen, I'm just kind of curious in terms of the Republicans are the votes there to stop it almost $2 trillion spending package. Or does President Biden and the Democrats? Do they have the votes to get this through? Either way? So it's really important. What's happening is that the House Democrats and the Senate to have taken the first step to pass this $1.9 trillion proposal using a process called budget, reconciliation, and what that would do is it wouldn't require any votes. From Republicans. It just means that this can pass with a simple majority in both the House and the Senate, which we know that Democrats hold the simple majority in both of the chambers, so that would mean that no Republicans to join to get that usual 60 vote threshold that's needed. S so this is what is happening behind the scenes in both the house and the Senate did take the steps to get moving with that process. Yesterday, we've heard from the White House that they're willing to move on this reconciliation process. They said it still could be BART Partisan. There's no reason that Republicans can't vote for it. But it seems unlikely that if they move forward with this bigger bill, all that that Republicans would voice more for it at this point, so just quickly it was, But it was the meeting then just kind of Ah, dog and pony show T o as okay. We're trying to be bipartisan, but we really don't need to pay. In essence, yes, yes. If you want to boil it down, you know it was an important step to show that the first meeting with lawmakers of the White House was with Republicans. And that was President Biden's message of bipartisanship and both sides. You know, there was this line that it was productive, but what that really means is far is turning out an actual deal. Not a lot there at this point. All right, Elizabeth. Thank you so much little bit Scholesy live for us this morning in Martian, DC. I guess the talking points meet. The moment is still out there. It's part of the talking points. Still, it was. It was big, like back in March at the moment. All right, let's get outside and get a check on traffic..
"two companies" Discussed on Run With It
"Example of shop shot model versus some other companies like taylor and so forth before where were shot actually the platform for ecommerce but then some of them have tried to kind of be the platform but then they moved to becoming marketplaces. So it's kind of like you know the square. You're thinking horizontal lucien and and kind of moving down the value chain of owning the product as well so i think my point being. I think it's a very immature market right. Now with micro mobility. And by the way i think there's you know investors are still gun ho because they see this you know ten billion twenty billion thirty billion dollar market which is going to happen. I mean it's happening. You're right. I voice just killing it. They're winning city by city by city and six months from now or in a be beyond cova. Hopefully if we're lucky everything goes in the right direction. I think is just the beginning so either. An interesting idea would be if voi- or any of the other brands such become the actual aggregated to other services smaller services that could connect to their platform. That's one way of doing it or if a different type of company comes just like lime date with uber right. I don't know. I assume that started in the. Us where you could actually book aligned through your ober service. We have that in stockholm at least so they're kind of connecting to each other anyway the big players so there is some type of flexibility In terms of how you access customers and kind of how you aggregate okay. That's two companies aggregating but that's one step towards becoming moving closer to aggregation. So i think a. It's a super complex business so there's openings in the value chain for things. That boy shouldn't be doing that. They can't be best at maybe. That is you know getting all the customers in. Maybe the best Running the platform b. There's already aggregation happening in kind of very immature levels in between big companies and and maybe maybe smoke and see..
"two companies" Discussed on KOA 850 AM
"Powerful indeed, on a day filled with powerful images, including one protester making himself comfortable at the desk of House Speaker Nancy Pelosi, putting his feet up on the desk. Another protester, making it to the dais of the Senate and declaring Donald Trump the winner of the election. The image of security guards with their guns drawn In the House chamber and moving a piece of furniture toe barricade the door. Ah, woman was shot today in the capital. She has died. Tear gas was deployed. We know they're there were a handful of other injuries. But we don't know the extent and throughout the day members of Congress calling on President Trump to call off the protesters, believing that he alone had the power To end this. And when he finally took to Twitter to make a videotaped statement he started with the grievances that fueled the protest to begin with before calling his protesters to go home and saying there must be peace. ABC is Karen Travers. Our White House correspondent. If the president wants to have that message amplified anymore, Twitter and Facebook aren't gonna let him. Yeah, This is really striking because there's been a lot of calls in recent months, especially with his election drumbeat for these social media companies. Did you no sense for him a little bit more or Turn off comments on it. We saw that happened earlier today to the video that the president had posted from the Oval Office. But now when you click on the tweets, you don't see anything for those two recent tweets from the president says this tweet is no longer available on did YouTube said it removed the president's video, Facebook said it did the same thing. Now this is going to enrage the president. And this is something that Even before the election was a big big issue for him on for his supporters that there's a bias among these social media and tech giants against conservatives and that things the president says or writes Post gets flagged and other things do not. So he's been really going after these two companies. Steve brought up earlier about the defense authorization bill. You know, one of the other reasons the president ended up why he was pushing back so strongly on that, too, is because He wanted lawmakers to include in this massive defense bill provision that would repeal this thing called Section 2 30 Address section 2 30, which he feels allows these tech companies to have so much latitude, which he says they used to censor him and conservatives and his supporters. So kind of a side tangent on all that is to say that The president's already not happy with what he feels are rules for him and rules for others when it comes to social media and now and think when he sees that these tweets have not just been flagged, because a lot of his messages have been flagged since election day. Thieves have just been completely removed. Well, I think we'll probably see a statement about that at some point in the next few hours as well. ABC is Karen Travers, Our White House correspondent. As we await any additional messaging from President Trump want to turn back to Steve Roberts, though, for a second, because in addition, T o analyzing politics for us here at ABC News. You have a day job, Steve. And that is as a professor A to George Washington University when you teach this day I was not going to go. Oh, my goodness. Well, one of the issues we talk a lot about in my class, which is about the role of media and politics is the importance of social media that Karen was just talking about. In terms of understanding Donald Trump's power. I've always said that you got you have to understand that what he runs. What he owns is the TV end the Trump Broadcasting Network. And it starts with 80 million followers on Twitter, 30 million on Facebook and management and and anymore, And he often has said he would not be president without Twitter, And I think that's correct because he has honed and fashioned A platform and a system for not only directly speaking to his followers. But he understands Twitter is a medium where you can't say anything intelligent to have been 40 characters. But what can you be? You could be edgy. You could be outrageous. You could be snarly, and that's exactly the persona he has always captured and always invited on Twitter. On. The irony is that even though he is, as Karen said, declared war to some extent on the social media and say they're unfair to him, he has been the most by far the biggest user of Twitter and the politician by far who is profited from social media. Not only would he not be president without it, but as president. That's the main way in which he transmitted these messages that have been so powerful that they lead to the insurrection today. So, uh and and we know from from studies that have been done about social media that, in fact, for all the complaints about the way in which they have labeled some of his tweets since the election and label them is unfair label them is inaccurate. Even today, Conservative posters on social media, particularly on Facebook, are by far the biggest users of those platforms and On. That is also important to think about Donald Trump going forward because the single most at least assed far as we know, maybe he'll buy a TV network for all we know, but he doesn't really need to. Because one of the reasons why Donald Trump will not fade from the political scene when he leaves is because of the TV and because of his shrewd, ruthless, relentless command. Social media to reach and insight.