Buy a Company Whose headset is not on the market. Oculus showed off potential of applications. Jon erlichman sat down with the oculus ceo. He asked about the incredible twoyear run. It has been an incredible ride. One of the journeys we get to participate in. The community is a big part of it as well and everybody got behind it, launching our kick starter. Something we do not do in the past and we would take advantage of the internet and get it out there. It felt like overnight. It was somewhat overnight. Within 2448 hours, 1 million. Thousands of people and the company was off to the races. Some people still fascinated by facebooks interest in oculus. You had been swapping messages with Mark Zuckerberg. Got to the headquarters and tried out the technology and he said, what . How can i help . He is a powerful guy and incredibly smart guy. He shared the vision we had. It really came together. We all got together. And Mark Zuckerberg shared the same vision. He wanted to get in the hands
All of this coming from the recently updated ipo filing. The company is expected to go public in the u. S. In coming months. And Dreamworks Animation has launched dreamworks tv on youtube. It will feature live action and animated programming. The project is being led by optimist tv. The company dreamworks paid 33 million for last year. Now to our lead story of the day, growth is slowing at alibaba and that has some investors worried. Updated ipo perspectives show that sales slowed considerably in the Fourth Quarter, and margins were down dropping from 51 earlier in the year 245 . To 45 . Ded it is something that made the company choose to list in new york over hong kong. For more now we are joined by cory johnson and leslie packer. Picker. Theycker also broke out some of the numbers that were not in the original ipo filing. What jumped out . There was not a lot that surprised me. We got an investor reaction, because of yahoo s ownership stake we might see the way the market is thinking
And closes to the bank heres a quick break coteries they forecast for a look before mostly clear reconditions this morning including gabelli 63 to 67 degrees is or what were seen for the Morning Hours as it starts to warm things up sunny and warm with winds of 5 60 mi. Per hour the seven new. So looking for that mid70s by the bay and looks clear for this clause were still the norm in the bay is the temperatures dropped out of 5354 degrees as a were expected for the east bay find the temperature is closest to your neighborhood and thats kind of the general idea what you can expect will give it a more complete breakdown at 915. And sir 60615 the meter is and not yet been activated so deftly a better than usual ride. Could traffic check and let traffic plot the east bay does little slowing and interstate 580 a much lighter than usual for your ride to them all to my pass all to little more this morning and sells maple and son of north a freeways are still very light. The be busy traffic we
Delaware and cape may this morning. Mainly well see clearing skies as the day goes on. Temperatures have come down, north and west in the 60s, for allentown, mt. Pocono, reading, 72 in wilmington and trenton and 75 in northeast philadelphia and Philadelphia International. Skies will be clearing, the clouds were starting off with lead to a sunny lunch time, temperature of 84 degrees. Neighborhood by neighborhood forecast when i come back. First, jillian mele has traffic. Still quite out there . Its quite out there, bill. Were not reporting any accidents on the roads around philadelphia. A live look at the vine street expressway. This is 76 westbound as drivers head out to 76, the vine is clear. 76 looks good. 95 near cottman avenue, that will get busy later in the morning. Ill keep you updated on the delays as they form. We still have construction on 95 southbound near bartrum avenue. We were following an accident on the garden state parkway northbound at route 72 in stafford township.
Time, sunny and 84 degrees. The humidity will be much lower. Neighborhood by neighborhood forecast when i come back. First, jillian mele has traffic. Good morning, bill. That construction finally cleared off of 95 southbound near bartrum avenue. It was taking out the two left lanes in this area. But as you can see, its wrapped up. This is the 42 freeway at creek road. Northbound sides adrivers pass 295 and head out to the bridges. We still have construction on the westbound side of the bend as drivers make their way into philadelphia. We also have construction on 295. This is in both directions between route 168 and the 42 freeway. This is expected to be out there, active construction until about 6 00 this morning. Tracy . We continue to follow breaking news in philadelphia. Fire crews are wrapping up following a fire at what was to be a daycare center. They were just about to move in in the East Oak Lane section. This is a live look at the scene at wadsworth. He told us a day care ren