Talk about everything from paypal, which he calls a failure, to the coin and what it takes to become a special entrepreneur. And salesforce is one of the Tech Companies leading the way when it comes to philanthropy. I talked to Ceo Marc Benioff the latest multimillion dollar donation to San Francisco schools. Now to our lead a recordbreaking start for iphones shipping on friday. Priya rhodes preorders topped 4 million in the first day. Some customers will have to wait until october to get their new phones. With the iphone accounting for half of apples lumen revenue last year, is the company sitting on another monster . The author of a blog referred to as the most accurate apple analyst on wall street i guessed for impression, how did this lodge compared to previous launches. It looks really good off the bat. The thing is, you have to measure against the firsts of growth we have seen in the past. The question is historically, it doubles every time we have a new release of the iphone. Th
According to people with knowledge of the matter. The ceo is in San Francisco. We are learning more about the tense relationship between Tech Companies and the nsa. The government threatens to find yahoo 250,000 today if it did not turn over user data. This happened in 2008. We will look at what changed since then. To the lead story. The biggest iphone appears to be off to a hot start. The device is on backorder and is not expected to ship for three or four weeks. The data phone is scheduled to hit stores. People vented on twitter. One tweeted not everyone having problems but with the issues, is it a supply couple more are they trying to drum up demand . What do you think, is this marketing or do they have supply issues . Every single time they come out with a phone this happens. I will go with this is probably the way they want it to play out. It is great to have two or three week backlogs. It would be a disaster if it were two or three months. To say there is so much demand you have
For market share. Competition from verizon, sprint, and tmobile could be taking a bite out of at ts business. Thirdquarter sales rose 2 , but profit dropped 21 to 3 billion. Yelp offered again in thirdquarter revenue. Yelp also got more profit of three and a half million dollars. The company said fourthquarter revenue would be below estimates. Lets go to brad stone in San Francisco. To our lead story. Snapchat raises money from yahoo . They recently completed a deal that values the startup at 10 billion according to people familiar. Snapchat received funding and is looking to raise even more cash. Lou, you invest in social media companies. Why is yahoo investing in snapchat, and is it a good bet . They reported 1 growth in revenue. The stock goes up. That shows how lau how low expectations are. By investing, it helps make yahoo a cooler place. Being a cooler place helps. We are moving into a world that is increasingly mobile. Yahoo can help learn more about what is going on. By being i
More customers are banking online. Bank closures will be announced when the Company Reports earnings. Mobilephone carriers battling for market share. Verizon,on from sprint, and tmobile could be taking a bite out of at ts business. Thirdquarter sales rose 2 , but to 3 dropped 21 billion. Again inred thirdquarter revenue. Yelp also got more profit of three and a half million dollars. The company said fourthquarter revenue would be below estimates. Stone in sanrad francisco. Our lead story. Raises money from yahoo . They recently completed a deal that values the startup at 10 billion according to people familiar. Received funding and is looking to raise even more cash. Lou, you invest in social media companies. Why is yahoo investing in snapchat, and is it a good bet . They reported 1 growth in revenue. The stock goes up. That shows how lau how low expectations are. By investing, it helps make yahoo a cooler place. Being a cooler place helps. We are moving into a world that is increasing
And mona simpson and editors John Jeremiah simpson and lori stein. If you wrote about sex the way jim wrote about sex that we published and if you wrote about parents and children the way mona has written for us in nonfiction you would be a sociopath because youd be spilling the beans on someone very close to you, starting with yourself. But when you put in the fiction or poetry, its different youre allowed to tell truth there iss no other way to tell. Newspaper yelp and the paris review when we continue. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Rose Jeremy Stoppelman is here, he is cofounder and c. E. O. Of yelp, its a web site and mobile yap dedicated to user reviews. He formed it in 2004. They received 1 million from their former boss, in 2009 google reportedly offered half a billion dollars for the company but after steve jobs called him personally to advise against the deal, stoppelman turned them down. It was the right m