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
Number. Headline gdp growth is in line with what everyone expect ed. Government spending data, quite strong. There is some upside risks to the economy. The consumer and the labor market side of things is looking good but manufacturing is under pressure. There is clearly a pretty significant dislocation between the industrial economy and consumer economy. It is the composition of the data that is worrying the fed. There are pockets of weakness. We do see a further deceleration in the u. S. Economy going forward. Ultimately, we are moving back toward a lousy trend. Jonathan joining me around the table to discuss is marilyn watson, bob michele of jpmorgan, and george bory. Marilyn, you know how this works. You pick your bias, look at your data, and confirm the price. There is something in this for everyone. Marilyn thats right. The data was as expected, shows an economy that is still very healthy, decelerating to trend. It is above the feds own expectations of longterm growth. You saw ver
David i dont consider myself a journalist. Nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . Did you think at the beginning that you were going to change Television History and the history of comedy when you were starting that show in 1975 . Lorne i dont think i thought of it in those terms, but i thought if we got on the air, and did the show, that the people who were doing the show would stay home to watch. I thought there were enough people like us, because we all come from the audience. I was probably the person who had the most experience in television, but most people, it was the first time they had been on television. David you were only 30 years old . The others were in their 20s . Lorne i think dan aykroyd was 22, john belushi was 24. Chevy was a little older than me. David why would a 30yearold be
Carol we begin with Bloomberg Businessweeks joel weber. This is an issue to take to the lake. Joel the goal is to steal your summer. And i think we have done that. Cover to cover heist stories. Heist stories are a type of business story, right . Everything is actually a business story, only it is a business story with a major twist because it is ultimately about crime and the business of crime. Jason and every story has a twist including the story i love this one about model trains in england. Our reporter turned into a private investigator. Joel austin brought us this sensational heist story that you want to read to the end because you dont know how it ends and that is where austin excelled. We are talking about model trains. Not little model trains, but model trains people ride. Then, you know, there is some humor to that but the story has some real tragedy to it because it devastated the community this story is about. Carol people devoted their lives to building these. Joel little p
With tragic consequences and how one man raked in millions on biodiesel tax credit with multiple wives. Carol we begin with Bloomberg Businessweeks joel weber. This is an issue to take to the lake. Joel the goal is to steal your summer. Cover to cover heist stories. They are a type of business story, right . Only it is a business story with a major twist because it is ultimately about crime and the business of crime. Jason and every story has a twist including the story i love this one about model trains in england. Our reporter turned into a private investigator. Joel austin brought us this sensational heist story that you want to read to the end because you dont know how it ends and that is where austin excelled. We are talking about model trains. Not little model trains, but model trains people ride. Their is some humor to that but the story has some real tragedy to it because it devastated the community this story is about. Carol people devoted their lives to building these. Joel l