Milner. And yuri irst the cofounder of linkedin. A partner in the paypal mafia. I spoke with hofmann and started by asking about paypals looming split from eby a and if some of the paypal mafia members should return to the company. To be successful, a leader has to say i understand these are the kinds of things that have gotten us to success and that have worked so far, but this new thing, which could involve a lot of technical change or a lot of organizational change to get there, and you will not be successful without a founder to do that. I am surprised you have not met him yet. Other members of the paypal mafia, i have heard the same from others. That they didnt get to meet him. It is a Public Company, because ebay is a Public Company, with the hiring process, so as soon as he could, he called me, and my schedule is also a little bit complicated, so we are having dinner in a few weeks. Im sure my schedule is one of those complicated things. But he was talking to me about what the c
Strong growth in russia. Ford has started production of its new f1 50, complete with an aluminum body. The lightweight truck should mileage. Better f150 the fuel economy improvements , people are still asking for it. It is a cost of doing business. Its just like buying new tools. This is a cost for our customers. If we can bring that cost down for them, they will love it. It will be available in dealerships next month. Pandora taking another swing at the copyright royalty board to try and lawyer lower its royalty rates. Pandora should be a revenue stream for artists. We shouldnt be there salary. We should help them in other ways. Help lift the artist economy, help them plan to spurs, reach their audience. Pandora says it has paid over three to 70 million in royalties in the past year. 370 and 70 million million dollars. Google will invest more than 200 million in improving the joint Civil Military airport, located in your googles headquarters in Silicon Valley. Google plans to use this
First the cofounder and chairman of linkedin. A partner at greylock partners. A member in the paypal mafia. The Founding Team behind the payment service. I spoke with hofmann at the techonomy conference in Half Moon Bay in california and started by asking about paypals looming split from ebay and if some of the paypal mafia members should return to the company. To be successful at paypal, a leader has to say i understand these are the kinds of things that have gotten us to success and that these things have worked so far, but this new thing, which could involve a lot of technical change or a lot of organizational change to get there. And you will not be successful without a founder capable of doing that. I am surprised you have not met him yet. I know john lhas been talking to you and other members of the paypal mafia. I have heard the same from others, that they didnt get to meet him. It is a Public Company, because ebay is a Public Company, with the hiring process, so as soon as he c
[inaudible conversations] it is the virtue. I am delighted you can make it easier to night. As a fellow from the American Enterprise institute and host thank you for coming. Of the thesis of this book the seven deadly virtues the classic virtues have all grown out of fashion. No greater proof of this thesis comes in the form of the book the seven deadly virtues has 18 virtues under discussion that great minds may of how to live a virtuous life. Of all things subsidies simplicitys simplicity. Why did he use three of them . So that america goes to hell in a handbasket and found 58 percent of American People believe that america is going to hell in a handbasket, mack those who think theyre going bad but not headed to haitis and jenrette though worse is yet to come. One of my a heros hearer he was watching the Clarence Thomas confirmation hearing in his office. At one point Arlen Specter specter, said the judge turns off the tv to say the end of western civilization and he tepe drag from t
Futures are up 10 , consumer stap ems flattening out. And two of chinas richest men lost billions in just a few hours. Well tell you who they are and how they did it. But we start with a very rough trip for mcdonalds. Protesters have hit the street outside of the companys Shareholder Meeting. Theyre protesting low wages. Kate rodgers has been monitoring that meeting. The protests and the stock, which as we mentioned is trading down by about 0. 8 of a percent today. Kate. Well today was ceo Steve Easterbrooks first Shareholder Meeting in oakbrook illinois where he acknowledged mcdonalds challenges and touted his turnarounds. The biggest takeaway was a clear win for shareholders. One of the measures passed was a proxy access by law. Those who have held 3 of mcdonalds stock for three years to propose director candidates on proxy materials. This was a shareholder proposal that mcdonalds did not want to pass but it passed with 61 of shares voted. This is a way to make the board more account