Critical founders asked to join the disney board. Could his tech magic affect the Magic Kingdom . Tweet was offensive barely followed. We are going to explore new approaches to Corporate Management and of social media. Phone is finally will bring the two newest versions of the iphone to china mobile starting next month which is right around the corner. Countriesle is to come dominant mobile carrier with a Subscriber Base that is more than twice the american population. Currently vp of american division. Sean, let me start with you. How big a deal is this . Is a great deal for apple. Final they will have access to over 700 million subscribers. China mobile subscribers actually use three g. The vast majority are still using the outdated to g service. It will be very difficult for china mobile apple combined to convince so many hundreds of millions of consumers to leapfrog and skip over using three g and go straight to the 4g system. The new iphone 5 s that will be sold through china mobi
Infusion for yahoo . Cory johnson joins me from san francisco. The ali baba ipo yahoo is selling 208 million shares, or 40 . That could mean more than 10 million for yahoo , more than double the amount of cash 10 billion for yahoo , more than double the amount of the cash they have on hand. What will the cash do for yahoo . The question is where will they put it to work, look for an acquisition, buy back shares . What has always been the question for yahoo is what businesses will they go after in the future and will they do with the requisitions or build their own . Cents Marissa Mayer took over in 2012, it has acquired 40 companies. Has the strategy paid off . There have not been big acquisitions. That is not necessarily a bad thing. Acquisitionsy almost never work. I do not think they should be faulted. Had a lot ofas technological acquisitions and minor content deals. Traffic,er deal added perhaps not high revenue traffic, but it at least gives the more inventory. Fundamentally, the
First, a check of your top headlines. Diller signs off on broadcasters trying to shut down the company a week after the Supreme Court heard arguments in the case hitting aereo against broadcasters. Diller accused broadcasters of trying to stifle innovation for their own gain, saying if you stop aereo, you stop technology. Diller made these comments on the iac earnings call. Cox communications getting involved in the highspeed internet battle, offering internet speeds 100 times faster than standard access. Cox did not give a timetable for when the service will start. Google fiber and at t are offering Similar Services in select cities. Onrosofts xbox one will go sale in china in september. This comes after china lifted a 13 year ban on video game consoles. Microsoft did not provide details on nintendo and sony are planning to enter the chinese market. Now to our story, Mark Zuckerberg will be taking the stage any moment now to give his keynote address at facebooks developers conference.
Economy and the markets, lets bring in diane swonk, with mesereau financial, brian bell kin, and dan greenhouse, a cnbc contributor. Good morning to all of you. Diane, if im not mistaken, you werent too far away on your guess, were you . The original guess was closer than the revised guess. I was surprised on the downside and the downward revisions are a disappointment. Some of the key issues that are important here, youre starting to see the imprint of obama care and sequester. The people moving from full time employment to part time for furloughs are really picking up right now. Youre getting all kinds of anecdotes in the contractors to the defense industry. Were also seeing in the Health Care Industry Health Care Employment has really slowed. Thats where medicare cuts have are starting to come through. And back off as many people are working from full time to three days a week, and thats showing up in the Unemployment Rate, the number of workers taking part time for economic reasons
President mckinley was assassinated there in 1901 and they have moved on. Theyve loved their Buffalo Bills through the good years and bad and not only given the world tim russert and wolf blitzer. And while buffalo is a tough town, they may have finally met their match. A relentless snowstorm has dropped nearly six feet of snow coming in right off the lake with upwards of two more feet on the way. Daily life has simply come to a halt for many across a big area and the storm has already cost several lives. Its officially a state of emergency tonight across a whole region. Its where we begin our coverage tonight with nbcs lester holt. Lester, good evening. Reporter brian, good evening. Its a jaw dropping amount of snow. People cant get in and out of their neighborhoods. Here in cheektowaga, 65 inches have fallen. I can touch the sign here. As you said its been deadly. At least seven deaths attributed to this storm. 132 miles of new york throughway closed because of all this. The speed at