Saying, diminishing economic bondit from the bank buying also seeing risks to financial stability, but we do not get a plan to unwind that tapering. We do not know what will happen with the penny. I was watching that this morning. It shows investors where progress is being made. In december, they did not come out with those sales. The market really facing a lot of trouble, we see it in all aspects of the economy. You see tiffanys blowing out numbers and jcpenney with risk. They did say it would improve this quarter. We will see. Cori is not shopping in the jcpenney corner. Continues to be in the news and ali baba is following the way china is really pulling out of the bitcoin system. Ali baba is banning bitcoin in transaction. The battle continues to go on and we look at this. Includes Mining Software and the. Are for the current the whole enchilada. Lets bring in our guest host for the hour, the man behind every single thing you have in your home. In the morning, a cup of joe. A crock
Headlines today. In washington with the food inflation conduct food inflation report, greg storz and paul sweeney are in new york as the high court dealt what may be a fatal blow to area arielle aereo. The Supreme Court decided today that theyve violated broadcasting copyright laws by taking the signals for free. The justices ruled against the barry diller backed internet startup. A triumph for broadcast , nbc,ies, including abc and cbs, who said that they were threatening the underpinnings of the industry by selling the programming online without licensing fees. Aereo sought to give consumers a new way to watch broadcast tv would do without urges and packages. Customers in 11 cities have been able to watch live and recorded broadcast programs or as little as eight dollars per month. In a statement after the decision the ceo said that the decision by the Supreme Court is a massive set act for the american consumer. He continued that they would continue to fight for their consumers and
This year. It is close to selling the business before it begins. Verizon is the buyer. Call it dumb the oscars of Silicon Valley. Some the biggest names among them gathered to honor achievement in science. First, to the lead. Nearly four months since microsoft ceo Steve Ballmer announced he would be retiring. Thatloomberg has reported they want somebody replaced by the end of year, the chads checks are dwindling by the day. Stevemm promoted mollenkopf to the top job after we reported he was among the top candidates. About of a buzz there are renewed concerns about his lack up technology experience. Another candidate is on the shortlist list along with internal candidates. What is going on with the search . Paul kedrosky is a ventures. Artner at sk he will be with us. What is going on with microsoft search . It is kind of odd. A strange cross of reality tv and monty python. Listhole idea of a short goes out the window when your talk about microsoft. Everybody is gone will stop we have a
This week on the communicators, gordon smith who is the president of National Association of broadcasters. Our guest reporter is paul kirby. Senator smith, you started at nab nearly four years ago. How has it changed . Keep on coming. They tend to be major issues affecting both the radio and television, but it clearly on the radio side the issue of Performance Rights and performance tax or however you describe at, and ongoing challenge. Hopefully, the day will arrive and both the digital platform cant, with a model that actually grows music and works for both. Right now, one has an unsustainable Business Model and the other works for radio. On the other hand, we did to work we the to work also. Thatu provide a rate simply destroys local radio, that is a bad inc. We cannot stand by idly for that. A lot contractual negotiations are going on for our major members like Clear Channel are doing deals with labels and the market is starting to develop in that regards. On the television side, t