Top tech headlines. The number of americans who pay fell byitional cable more than 250,000 last year. More turn to streaming Services Like netflix. Satellite and fiber failed to make up for the 2 million americans who dont cable last year. The first fullyear decline on record. Mike lynch iser accusing hp management of misleading shareholders. Lynch calls on it hp ceo to provide detailed evidence about ys alleged accounting problem. Oogle wins in court a federal judge rejected the plaintiffs request to unify all lawsuits on the matter into a single classaction suit. Central to the case is whether or not the plaintiff gave consent to google. That must be litigated on an individual basis. , cory johnson with me here in the studio. There seems to be rising concerns about some of these Chinese Tech Companies that are going public. Theyre goingid to go public in the u. S. Lots of questions about the e Corporate Governance structure. What worries you . First of all, its interesting. A lot of
First a check of the top tech headlines. The number of americans who pay for cable or Satellite Services fell by 250,000 as more turn to streaming Services Like next weeks netflix. It is the first fullyear decline in tv customers on record. Autonomy Founder Michael lynch management of misleading shareholders. He called on hp ceo meg meg details ondeliver the alleged accounting problems. Google wins a victory as it fights claims it scanned private gmail messages. They rejected the plaintiffs request. She wrote that central to the case is whether they gave their consent and must be litigated on an individual basis. First, to the lead. Editor at large cory johnson here. There seem to be concerned about these Tech Companies that have gone public. Alibaba has said they will go public but lots of questions about the Corporate Governance structure. You have been digging in. What worries you . There is it is interesting it is getting attention. A lot of these were overlooked. Coming ones like
Lands a Venture Capitalist in court on whether he is illegally keeping the public off the beach. First, a check of your Bloomberg Top headlines. Is helpingle traffic ciscos bottom line. A 5. 5 drop from a year earlier. Increased data usage from smart phones and tablets fueled the demand for networking products as businesses upgraded equipment to accommodate traffic. The New York Times unexpectedly replaced executive editor Jill Abramson after just three years on the job. The Company Named former managing editor dean baquet as her replacement. He is the first africanamerican. Xecutive at the paper said the change should help improve management in the newsroom. Samsung issued a rare public compensate will workers that say they got cancer after working in a semiconductor plant. Dozens of workers say they contracted leukemia and other blood related cancers after being exposed to chemicals that several samsung plans and south korea. However, samsung fell short of technology a connection bet
Executive controversy at the New York Times. Julie hyman examines a new bloomberg poll on targets data breach. We begin with Phil Mattingly and the cyber spying charges against five chinese monetary officials. An escalation of what has been a years long running battle between the u. S. And china over economic espionage and Cyber Security issues, the u. S. Justice department by far took the largest step in this fight with direct ties to the liberation army. It charges are for economic espionage and the theft of tracy good. The u. S. Felt it did not have any other choice am a something underlined by the attorney general eric holder in his press conference today. When a foreign nation uses tools against an american exit american executive or corporation to retrieve specific information for this for the stateowned companies, we have to say enough is enough. A total of Six Companies were identified for monthly include Companies Like Westinghouse Electric and marcoux up the namebrand compani
And there are no reports of injuries. Happening today, president obama returns to the Silicon Valley for a couple of Democratic Party fundraisers. He will arrive at Moffett Field this afternoon and attend a phraser at a private home in los altos. Later he will attend a reception at the fairmont in san jose. As betty yu reports, the president s only public appearance will be tomorrow at a Mountain View walmart. Reporter electric car charging stations and l. E. D. Lights are a few ways walmart says its saving energy and thats whats bringing president obama to this Mountain View walmart on friday. He doesnt visit the west coast often so for him to visit us here would be a great honor. I think its bizarre that he was coming to walmart. But i mean, i shop here because im a College Student and i have to afford to eat. Reporter the president is expected to talk about Energy Efficiency. Walmart says that its committed to leading the green energy movement. I would rather he come and talk about