Who is used to high expectations, you might not be comfortable here. Betty im betty liu. Welcome to titans at the table. Charlie ergen has always been something of a fearless renegade. He led a group that created echostar in the 1980s and decade. In the next in the process, he would become one of the richest men in america, worth nearly 20 billion. He stepped out of the spotlight in 2011 and handed the ceo reins to joe clinton. He is back in the hot seat. With the satellite tv business in its early days, he wants to get the forefront of this change by creating a new over the top product called sling tv and buying up the billions of dollars worth of wireless assets. Assets he says can be used to build a legitimate competitor to at t and verizon. When we first sat down for interview, i asked ergen to describe this new frontier. Charlie now we are in another transformation. It has gone about in two places. One is tv itself is transforming. People are looking for more of what they want to
Dishes it out on this addition of titans at the table. Hello. Welcome to titans at the table. Charlie ergen has always been something of a fearless renegade. Ergen led a group in the 1980s and started dish in the next decade. In the process, he has become one of the richest men in america, worth nearly 20 billion. He stepped out of the spotlight in 2011 and handed the ceo reins to joe clinton. He is back in the hot seat. With the satellite tv business in its early days, he wants to get the forefront of this change by creating a new over the top product called sling tv and buying up the billions of dollars worth of wireless assets. Assets he says can be used to build a legitimate competitor to at t and verizon. When we first sat down for interview, i asked ergen to describe this new frontier. Charlie now we are in another transformation. It has gone about in two places. One is tv itself is transforming. People are looking for more of what they want to watch. They want to watch their tv
Fox, too, has its losses but still at 6. Netflix is adding to its gains. Up 2 . Well tell you what the ceos have to say about the shift. Plus, the auto tech sector is beating expectations. Could teslas problems be hurting momentum play mobile eye which is a very interesting story. We will look at both of those companies coming up in a little bit here. Fitbit is falling. Many analysts are saying the earnings numbers last night werent so bad. Down 13 today. Well debate whether this is an opportunity to get in on a high growth stock. First, lets get to todays selloff on the nasdaq. Kate rogers is spending the day there for us. What do you have, kate . Hi, bill and kelly. It is an ugly day here at the nasdaq. The composites down 1. 6 . If it closes lower than 1. 75 it will be the worst day since june 29th. The biggest loser today Keurig Green Mountain getting absolutely crushed. Down 28 . It was down as low as 30 earlier. That after the Company Reported issues selling its coffee and brewin
Reason to spend four digits on this phone. Wait toe continue to release the presentation of the iphone 10 or iphone x. David kirkpatrick, lets ask about the architecture of these phones. Phil shiller the head of marketing at apple talking about abiotic infrastructure in this phone. The glass background, the sleekness. Does this Company Think about we care about such things . There aretrick things we care about. The a 11 chips that what we care about as long as they were great. We do care about if its ifing late in getting it is an organic light emitting diode, it will always be on without using battery. Matters tof change consumerist, it makes the phone easier to use. They havent had many things like that in recent years. I think this rain on the highend phone is going to be a game changer for them. David cory johnson, as we look at the iphone 8, iphone 8 plus showing off the look of those new phones, loop is similar question to you. How radical is the fact that we are getting new proc
Iconic logos in the world. Hefners company said he died at his home at the playboy mansion of natural causes. Is survived by a wife and four children. Hugh hefner was 91. Good evening and stu for joining us. Thank you for joining us. Our other top story, a stand off in the middle of i80 in themmeryville that. Thats gunfire. The suspect police were chasing was killed and that busy stretch of freeway would be shut down for eight long hours. Pretty much a nightmare for people on the freeway. Weve been stuck out here a while. And tonight investigators discussed why opened fire. The free way didnt hope until 5 00 this evening traffic has returned normal now. Our reporter on the whole story. Cornell bernard. Jim motorists took cover when a gun battle began again police and a man driving a black suv, he refused to surrender. The police say he was wanted for a homicide in fairfield. His car was spot in sole ano county this morning and the chase was on. The police tried to get the driver to sto