Big tech is spinning tall tales. He wants facebook and google to stop tracking user data. And later, bill gates on how tech rmd is being seriously hampered. His comments from the Bloomberg New Economy Forum. But we begin this hour with apple. The company made news on two fronts this week. The first, president trumps visit to the austin texas austin, texas factory. He met to discuss keeping macs and iphones free from tariffs. The other news involved the way apple tests software changing after a series of bugs marred the last system. We kicked off the conversation thursday. Basically, apples ios software has been bugging the past few years. This particular release cycle, it has been especially buggy. They are going to make it so that engineers earlier in the process can determine what is working in order to hopefully come up with a much more stable operating system when they ship each september. Taylor tom, i know that you cover the fundamentals of the business. In your opinion when you
Sometimes the glass shrinking a half full vessel look like it is overflowing and this is where we areright now and this, after todays session dow closed flat, s p up 6 and nasdaq up. And lets start with the thing that we all know which is the half full half empty this morning disney launched the new streaming service diocese plus and immediately overwhelmed with traffic and started having outages even though management assured us the technology was solid on the Conference Call last week. We were told they tested the system in the netherlands which must be a new worldwide peoria but it reminds me of hamsterdam. They botched the roll out of a promising new service but the Glass Half Full people think differently. Sure the site crashed but that is because there was so much demand and traffic diocese vetted this platform for millions of people and that wasnt enough. It is not hard to believe it has so much great content that it caused a stampede of subscribers. In reality both are right. B
In the latest Earnings Report . Details ahead. And twitter mrs. Thirdquarter revenue estimates. We find out why new user growth did not translate into ad sales. Facebook dominated of the week in tech with Mark Zuckerberg defending his social network before congress on wednesday. What was scheduled as a hearing on the Cryptocurrency Libra also included issues like antitrust and privacy. Is in a currency . Are you a bank . What is this association . It is a very complex project. And as you say, it is risky. Do you consider libra to be money . I consider to be a payment system. Its like me having my money in wells fargo bank. You could think about it that way. The we are not a bank or applying for a bank charter. That is the problem. Thats what were facing. We are not going to launch the system here or anywhere else around the world until we get approval from relevant egulators. The american competitiveness angle and cognition with china is a National Security issue. In china, especially
In the delivery payoff latest Earnings Report . Thirdquarterssed revenue estimates. Why Revenue Growth did not translate into ad sales. Facebook dominated the week with Ceo Mark Zuckerberg defending his social network before u. S. Congress on wednesday. Scheduled included a huge antitrust and privacy. What is this association. Its a complex project. Do you consider libra to be money . I consider it a Payment System. Its like me having my money in Wells Fargo Bank . You could think about it that way. We are not applying for a bank charter. That is the problem. Facing mywe are commitment is we are not going to launch the libra Payment System until we get the approval from federal regulators. Cooks the competition with china is a National Security issue. In china especially. They kicked off their Publicprivate Partnership in systemo raise to build a like this quickly. Will it be possible to conduct anonymous transactions . It is an open question. Its pretty hard to stop anonymous trading.
Did the ecommerce giants 800 Million Investment into one day delivery pay off in the latest Earnings Report . Details, ahead. And twitter misses thirdquarter revenue estimates. We find out why new user growth did not translate into ad sales. Facebook dominated the week in tech with Ceo Mark Zuckerberg defending his social network before u. S. Congress on wednesday. What was scheduled as a hearing on the Cryptocurrency Libra also included issues like antitrust and privacy. Is it a currency . Are you a bank . What is this association . It is a very complex project. And as you say, it is risky. Do you consider libra to be money . I consider libra to be a Payment System. So its like me having my money in wells fargo bank. You could think about it that way. Although, the we are not a bank, we are not applying for a bank charter. But that is the problem. That is the problem. Thats what were facing here. We are not going to launch the libra Payment System here or anywhere else around the worl