Contributions and wish them the best. It has to do with personality and the numbers. The numbers dont help the situation do they . They have been down yearover year and the share of the ad 5. 8 t is down to 5 from while google and facebook have seen their shares increase. Clearly something was not clicking. I will give props for it doing it as she sees. Like sometimes you see creative differences with the bands. To her credit, she was admitting it was the wrong decision and moving on. What might be to her, or the demerit is what hes walking away with. 14 months on the job 109 m illion. 109 Million Dollars for 14 months on the job, severance for yahoo , his bonus, salary, stock. Continuing to get paid even though he does not work there anymore. Had to the board allow it to happen . How did the board allow it to happen . She has made some very expensive acquisitions like tumblr. Shes been very focused on talent. Its been a top priority. As well it should be. In order to attract these peo
Lucy put the football up and Charlie Brown is ready to kick it again he thinks. I thought thats what you meant by here we go again. The fact that every time we come on air it feels like the market has been losing altitude. Today does that become the theme or will we be able to retest these highs, maybe break out above it as art cashin put it earlier, well need a close above that high for the bulls here. You know eventually traders will become impatient enough they will just throw in the towel. Well see what happens here. And well also get a read of the market, economy, and Banking Industry with two heavy hitters on deck. Gord nixon will join us exclusively along with investing legend john calamos. See where he finds investment opportunities. These shocking photographs from one of the richest towns in california, weve obviously blurred a few things. Athert atherton, residents have included meg whit man, eric schmidt. They have been vandalized with antiwealth graffiti on various homes an
Alibaba had total revenues of 5. 5 billion in the nine months ending december 1. The company is profitable, with net income of 2. 9 billion in the last nine months of last year. Jack ma with have just uner 9 , the vice chairman will own 3. 6 . Yahoos stake is 22 when six percent. For more on alibaba, i want to bring in our editoratlarge, cory johnson. We spoke with our senior west coast correspondent Jon Erlichman. The scale of the business is something we have known about for a long time. The prior commentator i completely agree with. The upside for them is mobile. It really has to do with the transition of the chinese market. Their market is slightly behind us in mobile adoption. It is normal that that kind of customer mix would be in place right now. It is an absolute upside for them. You have been looking at some of the companies that alibaba has been buying. Walk us through that and how that plays here. They dont get into a lot of detail in the ipo filing, but you are absolutely r
5. 5 billion in the nine months ending december 1. The company is profitable, with net income of 2. 9 billion in the last nine months of last year. Vice chairman will own 3. 6 . Yahoos stake is 22 when six percent. For more on alibaba, i want to bring in our editoratlarge, cory johnson. We spoke with our senior west coast correspondent Jon Erlichman. The scale of the business is something we have known about for a long time. The prior commentator i completely agree with. The upside for them is mobile. It really has to do with the transition of the chinese market. Their market is slightly behind us in mobile adoption. It is normal that that kind of customer mix would be in place right now. It is an absolute upside for them. You have been looking at some of the companies that alibaba has been buying. Walk us through that and how that plays here. They dont get into a lot of detail in the ipo filing, but you are absolutely right. It is interesting as you look through this filing, it is not
Enjoys singing and even conducts weddings for his employees. How does jack ma, the founder of alibaba and his personality, impact the company . Here is a check on the bloomberg headlines. Tesla reports a 50 million loss. Revenue was up 27 . It delivered more than 6400 models of the s sedan. Musk says china bound deliveries have slow shipments in the current quarter. The stock is down in afterhours. Katie cotton is retiring from apple. She helped deal with the media. Apple tells bloomberg west that katie has given her all in her 18 years. We are going to miss her. Russia is cracking down on a socalled bloggers law. They require any website with more than 3000 users to register with the government. Bloggers also cannot remain anonymous and will be held accountable for the accuracy of their site. Now to the lead story of the day Marissa Mayer talks all things yahoo and a little bit of alibaba. Among the hot button topics she covers is the yahoo stake in the alibaba ipo and whether its acq