Smartphone maker. Samsung losing ground to apple. And some some electronics posting the biggest drop in quarterly profit in almost five years. Is as samsung struggled to maintain its leadership in the smartphone business. Its other divisions are now putting these in the spotlight. The Company Announced yesterday it plans to build a 15 billion chip plant in south korea. For more on samsungs involving our guest joins me now. In mu of the smartphone sales, the chip business is doing well. It is. One of the things happening with chip sales and specifically memory is that you have a consolidated market. You have fewer suppliers. There is not much supply coming on line, and as a result prices are controlled. And demand is ok. Lots of memory going into smartphones and tablets, and even the pc business. The good old pc business. Exactly. They are not dead yet. Fewer players control pricing, and so they are doing fine. As one business struggles with samsung, they are trying to pivot to the chip
The justices will take up gay rights cases that asked them to overturn bans and declare to the entire nation whether people can marry the partners of their choice, regardless of gender. The decision is likely to come in late june and could bring gay marriage to 14 additional states where it is now illegal. Citigroup, the Worlds Largest currency dealer, lost 150 million after the swiss Central Banks move. The losses on the thanks trading desks are not related to banks trading desks are not related to [indiscernible] samsung approach the company about an acquisition. Quote, i talked to him yesterday and he said it is a rumor. Theres no truth to it. Earlier this week wenders approached reported that samsung approach like very blackberry. Now to the lead, to Silicon Valley, the stunning decision of the Swiss National bank. It has caused major turmoil in the markets. It is about to have a major impact on the business of selling technology. A handful of important Silicon Valley companies dep
Consider legalizing samesex marriage nationwide. The justices will take up gay rights cases that asked them to overturn bans and declare to the entire nation whether people can marry the partners of their choice, regardless of gender. The decision is likely to come in late june and could bring gay marriage to 14 additional states where it is now illegal. The Worlds Largest currency dealer lost 150 million after the swiss Central Banks move. The losses on the thanks trading desks are not related to banks trading desks are not related to [indiscernible] samsung approach the company about an acquisition. Quote i talked to him yesterday and he said it is a rumor. Theres no truth to it. Earlier this week wenders approached reported that samsung approach like very blackberry. Now to the lead, to Silicon Valley, the stunning decision of the Swiss National bank. It has caused major turmoil in the markets. It is about to have a major impact on the business of selling technology. A handful of im
Enterprise and cloud business. Take a listen to his first public message. Software is still a very valuable, malleable research to create it as experiences and i think that is where we will be focused on. Think about how everything we do will be digitally mediated. That means that experiences such as online meetings or how i connect and communicate with my friends and family or how i view entertainment will all be changed by software. Those are the places where microsoft is squarely focused in bringing our innovation. In addition to nadella taking the top job, bill gates has stepped down. Gates will remain very involved as a technology advisor. We have a roundtable to discuss now. Michael pim joins us via skype from seattle. Joining us from l. A. And our editor at large, cory johnson joining me. What do you think about what you heard from Satya Nadella and that address . I think he is right. I think in a number of these markets. In a number of cases, i think microsoft is its own worst
Earlier about his plans. To do first thing i want and focus on is a ruthlessly thating any obstacle allows to innovate. Any individual in the organization can innovate. And then focus on innovation, on things my croissant can uniquely do. Microsoft can uniquely do. Lea thompson is taken over as chairman. Bill gates will John Thompson will take over as the chairman. Bill gates will stay on. I am glad sake a glad up. A has decided to step ill have a third of my Time Available to meet with product groups and it will be fun to do find this next round of products working together. I am joined by jon erlichman, who helped break this news from l. A. Tell us in the final hour how this decision officially came together. Important inoad is the context of this whole story. This was a Company Looking at other internal candidates. It were looking at ceos from other shops be in at the end of whoday they picked somebody knows bill gates, knows Steve Ballmer, has been there for over two decades. He sa