Speech at Georgetown University on thursday. And the huawei perspective. On 5g, securities concerns and more. But first, our top story. Percent six and a half 6. 5 . S comes after posting the consecutive quarters for slower sales. Line start with the top where there is not enough growth for red hot red hat to offset the cost. This is one word expectations. If you look at ibms core business, they are managing it for profitability as if they can. As people build the hyper cloud infrastructures, there needs in the Core Technology space, those change. They will need to drive efficiency in that area and automate where they can, Deploy Technology that allows them to , so less costs in that area they can stabilize that part of business. To say stabilized is no overstatement. Business was not able to grow in revenue terms. When do you need to see it filtered through to the bottom line . You look closely, we are starting to see it now. What that means is you have a red hat product that is put t
We have more on his appearance, plus reaction. And the huawei perspective. We get thoughts from the chinese telecoms Carrier Business Group on 5g, securities concerns and more. But first, our top story. Ibm fell as much as 6. 5 , the most since october 2015. This comes after the fifth consecutive quarter for posting slower sales. Joined by my am guest. Lets start with the top line decrying. Is there not enough growth from red hat to offset the cost in that core business . Yes. Frankly, this is a question of one word, which is expectations. There are a lot of expectations for red hat that paid a lot for the Company Going forward. If you look at ibms core business, they are managing it for profitability as best they can. But the Global Services segment has historically been a profit driver and a cash cow. But you have to remember as people build the hyper cloud they moveture, as more of the cloud, there needs to be in the Core Technology space that change. They will need to drive efficie
Before lawmakers this month on the social networks controversial cryptocurrency. We have details. And whistleblower speaks. Center he people at the of the Cambridge Analytica scandal oins me. Highlevel trade talks picked up this week in washington after tapering off in july with no clear breakthroughs. Chinas vice premier was greeted by treasury secretary Steven Mnuchin and trade representative Robert Lighthizer before talks resumed thursday. The stakes were extremely high as President Donald Trump threatened to raise tariffs on 215 billion worth of chinese goods on october 15 if there was no progress. The Technology Sector paying close attention to those sessions as intellectual property is playing a prominent role in the negotiations. I spoke to someone from a firm who helps u. S. Firms protect intellectual property. Eric a fairly Large Company in china, just saw 100 million in evenue that files and protects intellectual property for clients that have previously mostly been in china
Nejra welcome to bloomberg surveillance. Francine lacqua is in helsinki at the nordic business form. First, lets check in on the markets. European equities turning negative of the stoxx 600. The 10 year yield moves lower after jumping ive basis points yesterday. So a little bit of risk off in terms of equities and yield. But the weaker dollar suggests there might still be optimism out there. Conflicting headlines ahead of the trade talks. Francine lacqua is at the Nordic Business Forum. Do not miss her interview with the ceo and founder of zuckerberg media. Thats coming up just after 9 30 a. M. And later, francine will speak to finlands economic minister just after 9 45 a. M. U. K. Time. Lets get first word news. To force kurdish militants away from the region, turkey has launched a military incursion into syria. Four years them and kara for ankara has fought and says it will not allow the kurdish protostate on the border. When asked what President Trump would do if turkey wiped out th
It comes to the fans of the humans and see them live through fools who have decided to put their trust in us. My name is jenny paris and i work. Sexism homophobia and political extremism score hits on you tube even though the site has plenty of high Quality Content its the extreme videos that attract audiences and to a big profits for the channel owners and for the site itself why does it make money on you tube and what does that mean for the user our topic today on shift. Huge recommendation algorithms favor polarizing content and that tends to. Adek allies uses conservatives for instance increasingly steered toward right wing extremist channels as a brazilian study has shown 79000000. 00 comments were analyzed for it it seems about time that you tube takes action so as an evil diski see all the website has announced changes to the Community Guidelines you tube is promising to remove condon that violates you tubes policies faster give trustworthy sources a bigger voice reduce the spre