Settle privacy concerns. And the proclaimed arrogance of Silicon Valley. Ripples ceo has called Facebooks Libra pitch to lawmakers somewhat presumptuous. We ask how the controversy is impacting the broader Crypto Market. But first to our top story, it is big techs turn, facebook, tesla, alphabet, all reporting secondquarter earnings. Amazon and alphabet reported results thursday. For alphabet it was all about sales and regulation. Our guests weighed in. If you look at the way google gets revenue, about 85 of revenue at google is coming in from the ad business. I think, given the competition they will be facing, you do not want to be in a spot where you have north of 80 of revenue coming from advertising. So i think that they are going to place a bigger emphasis on the Cloud Business. How much success are they going to have . It is hard to say. They have not been able to get out of that third slot, as you have said. They are facing massive competition against microsoft and amazon, who h
Maxine waters. Mind games. Technology can read a rats mind. Goal, human. First to our top story. Netflix tumbling after the streaming giant reported a loss of u. S. Customers for the Second Quarter. Earnings renewing prospects. Netflix says it lost 130,000 customers in the United States as a result of higher prices and a weaker slate of shows. It is signed up 2. 7 million subscribers globally, also missing projections. Joining us now to discuss the underwhelming results, michael and bloombergs luca, who of course covers the company. Michael, this is the first time the company has lost subscribers since 2011 when they split the dvd and streaming business. What is your top reaction . Luca becauseborrow he tweeted he is tired of talking about this. Increases derived. I think they are probably bumping up against a ceiling of what they can charge and continue to grow. I personally believe they will keep 80 of their domestic subscribers, as high as a 20 monthly charge. But their last 10 mill
Acquisition. What a first half for tech ideas, nasdaq announcing 97 initial offerings. Can it be sustained . We ask a nasdaq insider. First to our lead and another turn in the sprinttmobile deal. The u. S. Justice department is on the verge of approving one. Dish could become a strong competitor in the u. S. Market. Lets bring in our cells reporter. You broke it. Congratulations. It has been a long time coming. Reporter this is a happy turn of events. The shares are very close there are a couple of issues remaining but not insurmountable. Metboard of deutsche yesterday to discuss the package that is being discussed at the boj as these other remedies that will help the boj the doj approved the deal. They are selling three prepaid brands as there will be spectrum as well. They are talking about how dish gets customers across to their network and there will be arrangement where they share the network and spectrum. Caroline this is what revlimid what regulators have been grappling with. Th
And what a first half for tech ipos. Nasdaq announcing 97 initial offerings raising over 17 billion in six months. Can it be sustained . We ask a nasdaq exec. First, to our lead and another turn in the sprinttmobile deal. The u. S. Justice department is on the verge of approving a merger. Dish could become a strong competitor in the u. S. Wireless market. Lets bring in our reporter. You broke it. Congratulations. How close are we . It has been a long time coming. Reporter this is a happy turn of events for investors. Shares are getting very close. They are being told there are a couple issues remaining but not insurmountable. Our sources say the board of deutsche telecom, which owns tmobile, met yesterday to discuss the package that is being discussed at the boj as these other remedies that will help the doj approved the deal. Caroline remind us who they are. Nabila they are selling three prepaid brands as there will be spectrum as well. They are talking about how dish gets customers a
the wider public through the right wing media concocting with that man, steve bannon, they called the green bay sweep involved persuading members of congress to challenge the college electoral results setting off a chain reaction by their theory also by their cockamamie theory lead to stage legislators appointing trump elengthers. months after the january 6th committee made a criminal reseveral navarro to the department of justice, turn over records including communications with donald trump. at the time navarro s contempt with congress, cited executive privilege as a reason for stonewalling the select committee even though he wrote a book and went on television to boast about his role in the insurrection and how his plan for a bloodless coup would have succeeded if it weren t for the violence on january 6th. here he is. peter navarro on this very network with our amazing colleague, ari melber. we ll see ari in a moment. on yesterday. the very same die the indictment unseal