Strive has eyes on china. It is the first deal between a western Payment Company and ali pay. It is the dominant payment for alibaba websites in china. Ali baba has picked the New York Stock Exchange for its ipo. It is the first Major Tech Company to opt for the New York Stock Exchange instead of the nasdaq. The nasdaq still facing problems from the facebook ipo. They will be listed as baba. Leslie, what is the buzz about this deal . For a long time, they would be rumored to go for the New York Stock Exchange. You saw both making many many trips over to china to pitch this company. This is a hallmark deal for them. They could raise as much as 26 billion. The biggest deal ever in the u. S. This is a very competitive thing. For the nyse, traditionally not the home of tech companies. This is a big deal. The listing fees are no joke. That seems to be a big source of income. This is a decent source of income but it is much more of a marketing event. You saw the Exchange Shares move slightly
With this decision . I spoke with jon erlichman, who has been following the story from the very start. And joining us is bloomberg contributing editor Paul Kedrosky and bill gurley. I started by asking bill his take on the ruling. I think from the very beginning it was going to end up in the court system. It was designed for that. It really was. The bottome line, whethere youre looking at big media out of hollyword or any type of telecommunication threat, whatsoever, you have two large institutional masses that know how to litigate and lobby and win those types of battles. If you go headstrong into either one of those trying to disrupt, youre going to end up in the courts, absolutely. You have this big investment in uber. Surely you guys have thought about it from the very beginning this is going to run into commission kind of issues. There is something very different about municipal regulations and federal regulations. In municipal regulation, it is very easy for a mayor, a city counc
But what is the future of pay tv with this decision . I spoke with jon erlichman, who has been following the story from the very start. And joining us is bloomberg contributing editor Paul Kedrosky and bill gurley. I started by asking bill his take on the ruling. I think from the very beginning it was going to end up in the court system. It was designed for that. It really was. The bottome line, whethere youre looking at big media out of hollyword or any type of telecommunication threat, whatsoever, you have two large institutional masses that know how to litigate and lobby and win those types of battles. If you go headstrong into either one of those trying to disrupt, youre going to end up in the courts, absolutely. You have this big investment in uber. Surely you guys have thought about it from the very beginning this is going to run into commission kind of issues. There is something very different about municipal regulations and federal regulations. In municipal regulation, it is ve
They got 427 million dollars. Strive has eyes on china. It is the first deal between a western Payment Company and ali pay. It is the dominant payment for alibaba websites in china. Has picked the New York Stock Exchange for its ipo. It is the first Major Tech Company to opt for the New York Stock Exchange instead of the nasdaq. The nasdaq still facing problems from the facebook ipo. As baba. Be listed leslie, what is the buzz about this deal . For a long time, they would be rumored to go for the New York Stock Exchange. You saw both making many many trips over to china to pitch this company. This is a hallmark deal for them. They could raise as much as 26 billion. As big as the biggest deal ever in the u. S. This is a very competitive thing. For the nyse, traditionally not the home of tech companies. This is a big deal. The listening fees are no joke. Source of to be a big income. This is a decent source of income but it is much more of a marketing event. You saw the Exchange Shares m
To become a major player in firstpersonto the content shot by users. And some sharks as well. , with its with alipay 300 million users, the dominant payment suzerain service for alibaba. News, alibaba has picked to the New York Stock Exchange over the once nasdaq for its ipo according to a person with knowledge of the matter. It could be the largest ever in the United States and is marching toward a summary listing. Alibaba will seek the ticker baba. Lets go to julie hyman. This thing is rushing ahead. They are going to make the august offering. Yes, the filing is just out so that appears to be confirming that indeed they are going to be listing with the New York Stock Exchange. This has been a battle, as you mentioned. The nyse has been gaining ground in terms of the big tech listings. It does not necessarily mean it will mean a lot to the nyses bottom line. A prestigeefinitely play and gives them bragging rights and in terms of the ticker,f baba for the it does not just mean it is a