Netflix shares also in the red. I spoke with Reed Hastings for his thoughts on how the pandemic would affect the industry and how he sees the streaming wars playing out. First, a deep dive into what is moving after hours. Slack moving after the bell. Shares plummeting after filling fell short of analyst estimates. Abigail doolittle has been looking at the numbers. I just got off the phone with the ceo of slack, who focused on the demand they see accelerating in paid customers. They are still not seeing still not giving guidance. Afterch a dramatic impact hours . Abigail one thing investors do not like is uncertainty. Also, in terms of the billings miss for the quarter, it was not huge, but 6 . You would think that folks would be using the messaging platform during the stayathome days, but it signals the idea that some of the small and mediumsized businesses are hurt enough, signaling that slack could be a nice to have Technology Rather than a need to have. This stock really getting plu
Good morning and the meeting will come to work. Welcome todays hearing on the oversight of the general trade commission. On extended a welcome and thank you for appearing. You will all appear roughly this morning. Include fcc chairman joe simons, and noah phillips. Commissioner chopra pretty commissioner Christine Wilson and rebecca slaughter. Cc the established in 1914. Under federal trade commission act. The fcc is chiefly responsible for protecting consumers from unfair, or fraudulent Business Practices in the marketplace. This includes protecting consumers privacy, and security of the data. And harmful uses of technology in combating deceptive advertising and illegal protocols. The fcc is also responsible for educating consumers about fraudulent activity, and predatory Business Practices and Consumer Education is an essential part of their mission. And its intended to inform customer choices help prevent americans from falling victim to fraudsters, cyber criminals another bad actor
Will come to work. Welcome todays hearing on the oversight of the general trade commission. On extended a welcome and thank you for appearing. You will all appear roughly this morning. Include fcc chairman joe simons, and noah phillips. Commissioner chopra pretty commissioner Christine Wilson and rebecca slaughter. Cc the established in 1914. Under federal trade commission act. The fcc is chiefly responsible for protecting consumers from unfair, or fraudulent Business Practices in the marketplace. This includes protecting consumers privacy, and security of the data. And harmful uses of technology in combating deceptive advertising and illegal protocols. The fcc is also responsible for educating consumers about fraudulent activity, and predatory Business Practices and Consumer Education is an essential part of their mission. And its intended to inform customer choices help prevent americans from falling victim to fraudsters, cyber criminals another bad actors. And recently discussed and
Government has shifted focus from saving lives to save the economy counting the cost on aljazeera. Hi im Steve Clemons and i have a question well the coronavirus pandemic be the Tipping Point that takes us in to years of joblessness and poverty lets get to the bottom line. When we look around we see a lot of people who cant find work and a lot of businesses that have gone bust but there are some winners out there it seems like the Financial Markets are always winning at least from my Vantage Point economists usually say that they saw what was coming after the fact there are always rationalizations for the ups and downs of markets or of jobless rates of consumer and Business Confidence but lets take a look at the big picture my guest today is not afraid to go where many economists wont and to look at the key factors out there that predict a really serious financial and to some degree even social and environmental meltdown affecting each and every one of us all over the world hes not kno
Hi im Steve Clements and i have a question well the coronavirus pandemic be the Tipping Point that takes us into a years of joblessness and poverty lets get to the bottom line. When we look around we see a lot of people who cant find work and a lot of businesses that have gone bust but there are some winners out there it seems like the Financial Markets are always winning at least from my Vantage Point economists usually say that they saw what was coming after the fact there are always rationalizations for the ups and downs of markets or of jobless rates of consumer and Business Confidence but lets take a look at the big picture my guest today is not afraid to go where many economists wont and to look at the key factors out there that predict a really serious financial and to some degree even social and environmental meltdown affecting each and every one of us all over the world hes not known as dr doom for nothing nuria were being he predicted the us Real Estate Market crash 3 years b