He is now the ceo of iron at, a Cyber Security consulting firm. Here he is in an interview with emily chang. We have seen in the last year, exploits against target, home depot, the attack against sony, when you look at it, the changing landscape is growing significantly. Part of that is attributed to the rapid change in Technology Part of it is treated to the Global Landscape when you look at what is going on with russia, iran, north korea. And terrorism, all of those combined this a tough area, and one where i think good thoughts about conferences like rsa, we need Tech Companies to come together and figure out a better way of addressing these problems. We have not done that yet. Is everyone is being attacked, the solution that the cyber teams are putting together is insufficient. One of the good parts about being here is looking at addressing new ideas, wrestling with those and seeing how you could partner more together and provide a conference of solution. Emily the president of rsa
The fund will have a mandate and by a variety of assets including airports, toll roads, and Wider Networks here it they plan to complete the fundraising by the end of the quarter. A lot of tech earnings out this afternoon, including ebay. They expect the spinoff of people to be complete in the third quarter. There he meant grew 18 in the third quarter. Overall sales grew 4 and shares are rising in afterhours trading. Qualcomm is not welling investors with its orderly checkup. They posted it 36 drop in secondquarter profit and says Many Chinese Companies are still not complying with licensing agreements. Now to our lead. Facebooks firstquarter earnings reports. For the First Time Since 2012, facebook did not hit a home run. Revenue was up 42 to three and a half billion dollars. Profits drop 20 . Still, facebook continues to post huge user numbers. Monthly active users are 1. 14 billion. Mobile users are 1. 25. Shares though, are falling almost down to percent. Joining me is cory johnson
He spoke from the salt conference in las vegas. If the economy has the underlying strength to maintain a basic momentum of growth at a 2 real rate, plus a 2 inflation rate, the increasing awareness of that in markets is going to act as a restraint that keeps medium and longterm yields low. Emily summers also spoke about china, saying he sees growing frost in chinese stocks. This shanghai composite index had its worst threeday performance 2013. Blackstone has raised 17 billion in initial funding for its latest buyout from according to people with knowledge of the process who say fundraising will continue. It is already one of the largest funds raised since the 2008 financial crisis. The forprofit College Industry continues to implode. Last night, Career Education said it will close or sell all of its colleges to focus on its two universities. Is closing its 15 our campuses. The feds have been cracking down on the industry, leading to the collapse of Corinthians College last week, amid a
Just when Edward Snowdens revelations came out. He is now the ceo of iron at, a Cyber Security consulting firm. Here he is in an interview with emily chang. We have seen in the last year, exploits against target, home depot, the attack against sony, when you look at it, the changing landscape is growing significantly. Part of that is attributed to the rapid change in Technology Part of it is treated to the Global Landscape when you look at what is going on with russia, iran, north korea. And terrorism, all of those combined this a tough area, and one where i think good thoughts about conferences like rsa, we need Tech Companies to come together and figure out a better way of addressing these problems. We have not done that yet. Is everyone is being attacked, the solution that the cyber teams are putting together is insufficient. So i think one of the good parts about being here is looking at addressing new ideas, wrestling with those and seeing how you could partner more together and p
Responsible for one and five sellers during the flash crash using an illegal trading strategies. March saw big gains in the housing market. Sales of existing homes hitting their highest level in 18 months according to the National Association of realtors. Job growth, low mortgage rates, and springtime weather helping to boost sales. President obama says many of his fellow democrats are wrong in their opposition to trade deals. The president wants fast track powers to approve trade proposals including the transpacific ownership and the president is finally unlikely allies like the cognitive debtor public and congressman paul ryan. Paul ryan i think he is going in the right direction with these trade agreements with asia and europe. We just ruled out trade promotion authority, a bipartisan bill we are moving through the house and the Senate Committees this week. It is essential and necessary to get good trade agreements and that is why were doing this. Emily Ambassador Says he does presi