exceeded. let s turn to business where uber continues to grapple with the departure of top executives. cnbc s karen cho joins us live from london with more. good morning, louis. uber is still on journey to profitability but it is managing to slow some of the red ink. the late es numbers it reported a loss of $708 million. that was down from about $991 million in the previous quarter. it s a case of where to for another executive with the chief of finance departing the company, following a string of other bee departures. about a dozen of executives have left uber. in terms of what is next for the executives, we re still embarking upon a search for the cfo who led the company. that coincides for the search for the coo. in terms of other stories in
comcast nbcuniversal well, forget about uncle sam. how about big brother sam? a new report shows that the consumer financial protection bureau is collecting personal information from an estimated 991 million credit card accounts. well, it s not a problem if they are collecting aggregate data. personal information, ben. personal. i know. i know. i know. that s where it gets scary. why do they need that? why does the government need that kind of information? surely that s not going to reduce terrorism, surely that s not going to lead us to al qaeda. why do they need it? it seems to be a phrase that warren buffett used a lot, it s
if it gets out my credit its ruined. we talk about 43 obamacare navigators with felony records, we don t know how many across the country there are. so people with shady pasts have access to our information. do we risk the same sort of exposure with this? when i was detective, when we looked at bank theft and bank robbery, you lose far more money from the insiders than from bank robbery. the insider threat is the biggest threat and the fact there was in federal regulation requiring navigators to undergo a background check meant you can have child molesters, pedophiles, people with crimes like theft and against honesty, having access to your information so the human part is more problematache then the technical part. let s talk about the volume. we are seeing on the bottom of the screen, 991 million credit