Privacy concerns. And come at a claimed arrogant Silicon Valley ripples ceo has called Facebooks Libra pitch to lawmakers somewhat presumptuous. We asked how it is impacting the broader crypto market. By first to our top story, it is big techs turn. Facebook, tesla, alphabet, all reporting secondquarter earnings this week. Amazon and alphabet reported thursday. For alphabet, it was all about sales and regulation. The founders weighed in. If you look at the way google gets revenue 85 of revenue in , google is from the ad business. I think given the competition they will be facing, you dont want to be in a spot where you have north of 80 of revenue coming from advertising. So i think they will place a bigger emphasis on the Cloud Business Going Forward. How much successful they have . It will be hard to say. They are facing massive competition against microsoft and amazon, who have had a lot of success and put significant dollars behind the business. So i think it will be something that
Startup nuero link, successfully implanting wires into brains and enabling a monkey to control the computer. The next goal is human trials. We begin with the hearings on capitol hill. All appearing in washington to answer lawmaker questions on antitrust, social media, and cryptocurrency. The first was facebook as the Banking Committee fired searing questions at the cocreator of he cryptocurrency project. We will take the time to get this right. Wouldnt it be easier and safer if people could securely receive money transfers, just like they do for so many other things . Emily the chief was grilled on tuesday. We caught up with the senator after the hearing. I think Blockchain Technology, even the possibly of cryptocurrencies, it has some positive upside, but i think we have to be careful. Particularly when we are talking but the possibility that facebook might dominate this otherwise very disruptive technology. Facebook already has 2 billion users. It has all of these advantages. We have
Analysts bet on new seasons of shows like Stranger Things. Elon musk announces his latest startup nuero link, successfully implanting wires into brains and enabling a monkey to control the a computer. The next goal is human trials. We begin with the hearings on capitol hill. Googlek, amazon, apple, all appearing in washington to answer lawmaker questions on antitrust, social media, and cryptocurrency. The first was facebook as the Banking Committee fired searing questions at the cocreator of the social networks cryptocurrency project. We will take the time to get this right. Wouldnt it be easier and safer if people could securely receive money transfers through their smart phones, just like they do for so many other things . Emily the chief was grilled on tuesday. We caught up with the senator after the hearing. I think Blockchain Technology, even the possibly of cryptocurrencies, it has some positive upside, but i think we have to be careful. Particularly when we are talking but the p
And after some fairly uneventful president ial debates, twitter is out with a new label that flags tweets that blake break the rules. It might even make donald trump walk a fine line. New record for quarterly vehicle deliveries, handing over 95,000 vehicles to customers in the second quarter, beating average analyst estimates. This is due to accelerated shipments to the u. S. And china and u. S. Consumers rushing to creditans before the tax is shrunk. Were told the company is close to setting an alltime record, being urged to go all out. Taylor riggs caught up with an analyst and bloomberg correspondence on tuesday correspondence on tuesday. A blowout quarter and exceeds everyones expectations, you sort of had this upanddown quarter where you had a trough of everyone getting concerned about demand for the model three. Toward the end of the quarter, you started to see the analyst commentary pickup. Where people were a lot less concerned about that. On the model s and model x front, they
Sherman after blistering hearings. Net flux netflix stocks fall for the most almost 15 billion wiped off it work it cap. Will the streaming giant recover . Shares story, microsoft topping after fourthquarter results that topped estimates. Continuing strengths in Cloud Services. Up aeo is working to keep steady flow of cloud deals to narrow the gap with Market Leader amazon and offering bundles including office, windows and other security products. To unpack it all, we are joined by aaron paynter, who spent 14 years at microsoft in the u. S. , brazil, france and china, where he served for a few years. Also, bloomberg intelligence. Another big order from microsoft as expected. What is the top take away . Almost every line item was good. We didnt find any mistakes so far or anything negative. The big deal is going to see how they can come up with First Quarter numbers and the next fiscal year for them. The big question is, can microsoft keep it up now that expectations are so high . Can t