Enterprise and cloud business. Take a listen to his first public message. Software is still a very valuable, malleable research to create it as experiences and i think that is where we will be focused on. Think about how everything we do will be digitally mediated. That means that experiences such as online meetings or how i connect and communicate with my friends and family or how i view entertainment will all be changed by software. Those are the places where microsoft is squarely focused in bringing our innovation. In addition to nadella taking the top job, bill gates has stepped down. Gates will remain very involved as a technology advisor. We have a roundtable to discuss now. Michael pim joins us via skype from seattle. Joining us from l. A. And our editor at large, cory johnson joining me. What do you think about what you heard from Satya Nadella and that address . I think he is right. I think in a number of these markets. In a number of cases, i think microsoft is its own worst
Close of trading reporting revenue beating analyst estimates. Facebook saw mobile Advertising Sales on the Largest Social Network surpassing those of desk top promotions for the first time. Qualcomm also out with its earnings. They reported fiscal First Quarter profits topping estimates. A profit of about 1. 26 per share. Bernanke in the central bank announcing they will trim monthly bond buying to 65 billion. The dow falling 189 points. Those are the top headlines at this hour. Back to you. Thank you, carol massar. Top Technology Headlines facebook, lenovo, and microsoft making news. Lets bring in bloomberg editor atlarge cory johnson. It feels like a triple tech play into one person. Thats because im three times taller. I was not going to mention. Ok. Go ahead. Tell me about the news regarding lenovo. Lenovo purchasing Motorola Mobility from google . It seems strange google getting into the business but it was first thought they were largely trying to get the patents. Moto x phones a
Earlier about his plans. To do first thing i want and focus on is a ruthlessly thating any obstacle allows to innovate. Any individual in the organization can innovate. And then focus on innovation, on things my croissant can uniquely do. Microsoft can uniquely do. Lea thompson is taken over as chairman. Bill gates will John Thompson will take over as the chairman. Bill gates will stay on. I am glad sake a glad up. A has decided to step ill have a third of my Time Available to meet with product groups and it will be fun to do find this next round of products working together. I am joined by jon erlichman, who helped break this news from l. A. Tell us in the final hour how this decision officially came together. Important inoad is the context of this whole story. This was a Company Looking at other internal candidates. It were looking at ceos from other shops be in at the end of whoday they picked somebody knows bill gates, knows Steve Ballmer, has been there for over two decades. He sa
Day, and, no, we do not have a fix for the fiscal cliff. Guess what, the numbers also reflect that. Lets take a look at how a day on wall street, looks like the dow is down marginally, 24 points to the downside and the nasdaq off by the biggest percentage loss, down by 22 points and the s p 500 is down by about seven points, and as i said it is crunch time. There are only three trading days left now for 2012 and still no deal to avoid going over the fiscal cliff. All signs are pointing to more talks for lawmakers to try to hash things out. Should wall street bet on a fix before january the 1st or is that Wishful Thinking . Lets find out. Lets speak to our guests. Welcome to all of you. Brian, where do you make of where were going right now . Youre the one that remains sort of neutral. Youre buying this market right now, arent you . Well, were pretty much staying put. Were recommending that our clients have a substantial allocation to equities. I mean, bear in mind, its been a pretty go
And in europe young people could be contributing to the resurgence of coronavirus, the new warning from the World Health Organization. And a new law for turkey giving the government sweeping new powers over social media platforms well look into the motives. We will be talking to bbc turkish. Welcome. Now this hasnt happened before. Four of the most powerful people in technology are giving evidence to the us congress. They are jeff bezos of amazon, tim cook of apple, Mark Zuckerberg of facebook and Sundar Pichai of google. And the question at the heart of all this is whether these companies are simply too big. Theres no dispute that they are big. Together these four companies represent 5 trillion within the us economy. The New York Times describes the hearing as a bizarre spectacle four men who run Companies Worth nearly 5 trillion combined and who include two of the worlds richest individuals primed to argue that their businesses are really not that powerful after all. The chairman of