What your technology does. It only matter who uses it, whos the customer thats what i keep thinking. Today another sedate session, s p inched up. Nasdaq. 04 need a microscope here we keep learning this same lesson about technology over and over and over again in this elongated earnings season, and its pretty jarring, because normally we care about what technologies actually does, if its helpful, if it increases speed or accuracy or power or productivity, well, it tends to be a suchls. Buy, buy, buy if its clunky and dead on arrival sell, sell, sell not these days, though. These days wall street only cares about who your customers are. Good, bad, as long as youve got the right end markets, your stock is going to be worded. Lets use roku, okay, and cisco. Roku sells to the consumer, sells to you their Technology Helps you stream videos directly to your tv cisco is a networking company, a colossus that sells to what is known as the enterprise, giant complex companies that need to connect
Exclusive interview with bloomberg news. Cooks in the kitchen. We will look at the now competitive space of rental kitchens. About a startup called virtual kitchen. First, to our top story. So apple is considering bundling its Digital Services including news plus, tv plus, and digital apple music. Gainis seen as a bid to more subscribers. The tech giant is already experimenting with this kind of approach, offering free apple tv plus subscriptions to student users of apple music. Through. K me what are we bundling and why . Mark thank you for having me. Like you said, apple wants to bundle together different paid services. They have had apple music since 2015. They came out with four or five new ones across 2019 this year. Cheaper too make it subscribe to them by lowering the price if you subscribe to multiple. Right now, apple music costs 10. News plus costs 10. If i have storage, i pay 3 a month. There is apple arcade for five dollars. There is apple tv plus for five dollars. Altogeth
The number of female employees globally over the next five years. Why diversity seems to be the one big problem big tech cant solve. Itst, ibm has closed purchase of red hat, finalizing the worlds secondlargest tech deliver. Ibm was once synonymous with mainframe computing, but has been struggling to adapt in a cloudbased world. The company is playing catchup to market leaders and Offering Software and services over the internet. Bloombergs david westin spoke to the leaders of both ibm and red hat earlier. I think, a lot of times people think everything is going to move to one public cloud. That is not what we see clients need, want, and are even targeted to. I have an estate, like a house, im going to modernize it. And i have five to 15 public clouds already, private clouds, app, ii modernize an will put it where i want and secure all that. We give them a platform between red hat and ibm that runs on any can runand they it anywhere, secure it, and manage it. That is a distinct capabil
Goals aiming to double the amount of female employees globally over the next five years. My diversity seems to be the next why diversity seems to be the next problem big tex can solve. Ibm purchases redhat. Withas once synonymous mainframe computing. The company is playing catchup market leaders and Offering Software and services over the internet. Bloombergs david westin spoke to the leaders of both ibm and red hat earlier. I think, a lot of times people think everything is going to move to one public cloud. That is not what we see clients need, want, or are targeted to. Estate, like a house, i want to modernize it. Im going to put it where i want and im going to manage and secure all. Betweenthem a platform red hat and ibm, that runs on it and manageure it. That is a distinct capability and that is what i mean by the hyper cloud. Others talk it but they may just have a connection between their public cloud and private cloud. Youve got some other competitors out there in the cloud tha
The visit to stake out Common Ground in their struggles with President Trump. The u. S. Supreme court says a 40 foot cross can continue serving as a or memorial in a busy maryland intersection. Justices rejected arguments that the nearly one hundredyearold monument represents an unconstitutional government endorsement of christianity. The concrete memorial was built to honor 49 local men who died in world war i. Global news, 24 hours a day, on air and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im mark crumpton. This is bloomberg. Live from bloomberg world headquarters, im taylor riggs and for shery ahn. We are joined by our bloomberg and bloomberg audiences. Here are the top stories we are following. S p 500 is touching a record high. Chairman powells dovish delivery has fueled the global bond rally and boosting stocks. Setting up a day to go public. Slack technologies sword on day one and gives this company a market value of more than