Missions. California vows to fight it with one official calling it the fight of a lifetime. Corporate ventures Data Analytics Company Enters the vc world. We will talk to their ceo. First our top story. Facebook has confirmed it will resume collecting and transcribing some user audio clips from its inhome video device portal. President their vice at the launch of a new generation of portable devices. Devicesees hardware and and facebook. Lets listen. We are so excited about our new products. They are oriented towards connecting people with what they love the most. These are designed to look like picture frames. They can fit into anyones home is easily and naturally as if it was a picture frame. It will even show pictures when it is not in use. Another cool thing you are launching is the tv portal. Yes that takes advantage of what is the biggest screen in most peoples homes, the tv. It turns it into an immersive video calling device. One thing that stuck out to me was a price the price
And rapid climate adaptation. Billionaire bill gates wants to help invest nearly 2 trillion over the next decade to help the world become more resilient. His thoughts on and potential solutions for Climate Change. For wework, it was the roadshow that was not this week. One of the most anticipated debuts of the year is now postponed until october. The shared Office Space Provider is looking for time to calm investor doubts about its dropping valuation, governance problems, and financials. Remember that, at one point, this was supposed to be a 47 billion company. That number is now 15 billion and could be perhaps even smaller. Joining me to discuss this all was phil haslett, cofounder and chief revenue officer at equityzen, a marketplace for preipo shares and bloombergs crystal tse. Crystal they have a lot to address before they can go out to the investors and ask them for their money. Like you said, they were looking for a 47 billion valuation, and now we are hearing it could be as low
Good thursday morning. Welcome to squawk alley. With Morgan Brennan and jon fortt at the New York Stock Exchange we watch the markets being whipped by some of the trade headlines. We also have two big ipos in focus today as well. We await the first trade of smile direct club. Lets bring in bob pisani to talk about that and overall iep landscape. We heard valuation is not there, does this mean the ipo market is overrated. Slack, first earnings report, growth wasnt as strong as people thought, not a good idea, growth is not as strong. Some software companies, now theres jitteriness. This week we had three big names, all being upsized waiting for smile direct to open 19 to 22 pricing at 23 looks like and ten x genomics. Upped it to 38 it opened at 54 talking little more than a week ago, 31 to 35. We open at 55 a gene sequencing company, biotech is a hot space overall we wait tomorrow for cloud fair. Another software company, out there, Website Security and other things, was 10 to 12, 35 m
Augmented and virtual reality. And rapid climate adaptation. Billionaire bill gates wants to help invest nearly 2 trillion over the next decade to help the world become more resilient. His thoughts on and potential solutions for Climate Change. For wework, it was the roadshow that wasnt this week. One of the most anticipated public debuts of the year, it is now postponed until october. The shared Office Space Provider is looking for time to calm investor doubts about its dropping valuation, governance problems, and financials. Remember that, at one point, this was supposed to be a 47 billion company. That number is now 15 billion and could be perhaps even smaller. Joining me to discuss this all was phil haslett, cofounder and chief revenue officer at equityzen, a secondary marketplace for preipo shares and bloombergs crystal tse. Crystal they have a lot to address before they can go out to the investors and ask them for their money. Like you said, they were looking for a 47 billion val
One official calling it the fight of a lifetime. Corporate ventures Data Analytics Company Enters the vc world. We will get the details with their ceo. First, our top story. Facebook has confirmed it will resume collecting and transcribing some user audio clips from its inhome video device portal. I spoke to facebooks Vice President for virtual and augmented reality at the launch of the new generation of portable devices. He oversees hardware and devices and facebook. Take a listen. We are so excited about our new products. We have a 10 inch and eight inch hd screen and they are for most, who love them the and they are designed to look like picture frames. They can fit into anyones home as easily and naturally as if it was a picture frame. It will even show pictures when it is not in use. Taylor and another really cool thing you guys are launching is the tv portal as well. Tell me about that. Portal tv takes advantage of what is already the biggest screen and peoples homes, the tv, and