Having another 11,000 jobs after an earlier announced plan to cut 9000 positions. It is all in response to declining crude prices. It did announce it is paying another quarterly dividend. Congress reveals key legislation to boost president obamas International Trade agenda. The bipartisan deal allows congress to approve an amendment. It is to smooth over a multilateral trade deal with nations on both sides of the pacific. Imf chief Christine Lagarde warns that greece will not be allowed to skip a get name it. A debt payment. She spoke to bloomberg in washington. Christine lagarde weve never had an advanced economy asking for that income on delayed payment. I hope its not the case with greece. I would not support it. Emily greek officials told creditors is not dismissing the imf. He was just warning you as part of the ongoing discussion. Wikileaks editor and chief Julian Assange says the new sony archive reveals the inner workings of the company at the center of a geopolitical conflict.
For the first time in six years. According to idc shipments filed that ship to idc shims fell 4 from a year ago. While it is working out nicely for apple, in the Third Quarter it had the biggest share of chinas market followed by xiaomi. What does the evolving consumer class mean for the world of tech giants . Joining me to discuss is brad stone of business week, bob odonnell, and brian buck well. But im going to start with you. Is the chineses Smartphone Market tapped out . Bob what we have seen over the past couple of years is these adoptions of large smartphones. These phablets. Those things are the primary Computing Device of a lot of people in china. The reason why apple has done so well is because a lot of people were waiting for the big version of the iphone. They finally got it, things have done incredibly well. The thing we have to because just on, i would argue samsung was the canary in the coal mine. Samsung was first to these big smartphones. He did really well and hit a wa
Shipments l 4 from a year ago because the Worlds Largest Smartphone Market is out of firsttime buyers. It is working out well for apple. In the first quarter, apple had the biggest cheer of chinas market followed by xiaomi. What does this mean for the world of tech giants . Joining us is brad stowe of Bloomberg Businessweek and ceo of bob, i will start with you. Bob it is entering a new phase. What we have seen over the last couple years is this in normans adoption of these smartphones, the tablets. In china in particular everybody is crazy about them. Those are the primary Computing Device of a of people in china. The reason why apple has done so well is of course, lots of people were waiting for the big version of the iphone. They finally got it. Things have done well. The things you have to be cautious about, i would argue samsung is the canary in the coal mine. They were first to the large smartphones. They did very well. Then they hit a wall. I think what will happen is, the rest
Lower profit in four years. The company also says it is having another 11,000 jobs after an earlier announced plan to cut 9000 positions. It is all in response to declining crude prices. It did announce it is paying another quarterly dividend. Congress reveals key legislation to boost president obamas International Trade agenda. The bipartisan deal allows congress to approve an amendment. It is to smooth over a multilateral trade deal with nations on both sides of the pacific. Imf chief Christine Lagarde warns that greece will not be allowed to skip a debt payment. She spoke to bloomberg in washington. Christine lagarde weve never had an advanced economy asking for that income on delayed payment. I hope its not the case with greece. I would not support it. Emily greek officials told creditors it might miss a payment to the imf. He was just warning you as part of the ongoing discussion. Wikileaks editor and chief Julian Assange says the new archive reveals the inner workings of the comp
Heres the groups cfo. A slow but staple recovery continued to gain support. The longterm expectation of slow but steady growth remains intact. Emily citigroup posted its biggest quarterly profits as the financial crisis. First quarter net income jumped 21 to more than 4. 7 billion. Citis expenses dropped 10 . International Monetary Fund chief Christine Lagarde warns greece will not be allowed to skip a debt payment. She spoke to bloomberg. Ms. Lagarde we never had an advanced economy asking for delay payments. I hope this is not the case with greece. I would certainly not supported. Emily greek officials told creditors they might run out of money and miss a repayment to the imf. People said greeces latest payment did go through and the warning was just part of an ongoing discussion. Microsoft and yahoo have made some changes to their longterm search partnership. The update gives yahoo more flexibility over how it makes money from advertising. No longer requiring it to use microsoft to