Concerned the deal will lead to job cuts. Alibaba might be coming here for is takingt facebook steps to open a sales office in china. The Chinese Government banned people there from using facebook five years ago. Story, at t is joining the consolidation game as a bid for directv. The change would come as comcast unites with time warner cable. Joining us now is the former ceo of nbc universal. To see you this morning. What great timing on the morning after this news. Does this make sense to you . Complex you have to look at the technology involved and all the activity in media today. Are in at t and directv and comcast, you have land lines , telephones which we have had for a long time. Cellular telephone, towers. One is in the ground and then you have towers. Then you have Satellite Television, which is directv. Then you have the internet. Comcast has three of those. Ground, cable, and telephone. That is look at caber cable at t has half of the cellular business. That is unique to them
Protestors in brazil. Runaway teens are the most neglected homeless group. How they are living on the streets. Good morning, welcome to Al Jazeera America. Sunni rebels seized another city in iraq overnight, vowing to crib its march towards the capital of baghdad. The Prime Minister malaki is fighting back to take back territory over isil fighters. These photos posted on line appear to show isil gunman killing dozens of captured iraqi soldiers, the u. S. Beefing up security in baghdad and moving staffers out of the city. The Iraqi Military is responding with air strikes. Randall pinkston is in washington this morning. Does it appear at this hour that any other military action is i amment. The pentagon says the u. S. Aircraft carrier and two other ships, a guider and destroyer are there to give president obama enhanced options should he order a military strike. So far, no strike has been ordered, the president S Security Team is trying to develop a range of options to help iraq counter
We will tell you all that and more over the next hour. Lets get headlines from su keenan. Thanks. Twitter is seeing user growth slow and shares are falling in afterhours trading. The lowest level since its ipo. Twitter membership reach to every 5 million, but with user growth slowing, down from the third period. Ebay forecast sales it may miss estimates. Between 4. 3e billion4. 4 billion. Ebay shares down in trading as well. The nba commissioner made a historic announcement today regarding Donald Sterling. I am banning mr. Sterling for life for any association with the Clippers Organization or the nba. He would urge the board of owners to force a sale. Those are the top headlines. Back to you. Lets get some insight on the latest results from twitter and ebay. Joining now from new york is Scott Kessler at s p capital iq. Joining us from los angeles, paul sweeney at bloomberg industries. And joined by cory johnson. Lets continue the conversation about twitter. What are the three things p
Program,ng up on the cashing in on cosmetics. I meet the founder of space nk which sells some of the worlds finest makeup and the business of botox. I sit down with an apprentice winner who runs a chain of skincare clinics. That is still to come on the program. We begin with our top story, the abandoned megamerger. But lisas and omnicom have called off their 35 billion try to create the Worlds Largest Advertising Company. One executive not surprised. Bloomberg caught up with him earlier this morning. We were surprised by the speed with which it fell apart. Call three or four weeks ago, it was predictable that it was going to fall. They sort of semicriticized one another and both said it was better or it was good to be separate. For more on the deal, lets bring in Jonathan Ferro and matt campbell. Why has the deal been shelved . There are plenty of theories out there. Two main theories. One comes from the companies themselves. Tax, regulatory obstacles. Analysts will tell you it was dow
Bmxer. Iness of being a a navy seal who uses balance to create a multimillion dollar business. All that and more over the next hour. First, let us get headlines from carol massar. In the afterhours. Alibaba filing today for what could be the u. S. Largest initial Public Offering ever. They did not specify how many shares it will offer in its ipo or what the evaluation will be. The market value is estimated at 168 alien dollars billion dollars 168 billion. Frozen continues to sizzle for disney. 27 saw quarterly profit at because of the megahit. Disney reported secondquarter income of 1. 92 billion. Groupon transition to ecommerce along is hitting bumps the way. They forecast secondquarter earnings that trailed estimates. Shares are falling in the afterhours. That is the top headlines at this hour. I thought youre going to sing the same theme song from frozen. Alibaba,e to discuss and cory johnson joins us from san francisco. Eric jackson from ironfire. Lay out the numbers we understand