Dvds in the United States competing with blockbuster. That was a full decade really that were competing with video stores just in the u. S. Thats 2007 when we started streaming. Roughly the same time that youtube did. Host erin meyer, how did you get involved in this book project . Guest i study cultural differences in the workplace. Im a professor, and i first came across the netflix culture when i read what many people have, the netflix culture hacks. Definitely put on the inrnet with again and it was que shocking when i read it. It said things like adequate performance gets a generous severance. That really shocked me because in my department at my Business School i teach at we were at theime focusing on Psychological Safety in the workplace to create come to promote innovation. Re i had a company though stop focusing on psycholical safety that on getting rid of ople who didnt perform adequately. The fact they had no cation policy, travel policy, things that got me thinking about ho
On tonights pbs newshour. Major funding for the pbs newshour has been provided by since our beginning business has been people, and their financial wellbeing. That mission gives us purpose, and a way forward. Today, and always. When it comeso wireless, Consumer Cellular gives itsth customerchoice. Our u. S. Based Customer Service team is on hand to help. To learn more, go to consumercellular. Tv johnson johnson. The john s. And James L Knight foundation. Fostering informed and engaged communities. More at kf. Org. Of these institutions support pr thiram was made possible by the corporation for public broadcasting. And by contributionsur pbs station from viewers like you. Thank you. Woodruff covid19 infections andeaths are still climbing tonight in much of the nation. T that, n, is fueling negotiations on an economic rescue package, as it reshapes the political landscape. Congressional correspondent lisa desjardi begins our coverage. Reporter at the currentep enter of the nations covid1
Good morning, everyone, and welcome to bloomberg surveillance. This is what the markets are focusing on. Partly, the number of infections rising in the u. S. But partly also what we are hearing from economies in europe reopening. European stocks sliding for a second day. We did lose a bit of momentum in this equity rally in the wake of damage caused by the pandemic. Hsbc slumping after Donald Trumps advisor proposed a move to punish banks in hong kong and destabilize the currency peg to the dollar. And goldng below 41 trading near its highest level since 2011. Lets get straight to the bloomberg first word news. Good morning. The white house has made good on its threat to leave the world health organization. The Trump Administration has sent a letter to the agency giving it a one year notice it plans to quit. President donald trump says the International Body has been too deferential to china in its handling of the pandemic. The move comes as virus cases in the u. S. Near 3 million. Som
My bottom line, josh, until rates and apple stabilize, the market is not going to stabilize. I think the big picture thing to bear in mind is what were seeing this month is wholly of a piece what typically happens in august, what typically happens august in the third year of the president ial cycle, and coming out of an earnings season that, quite frankly, was not great but not terrible and better than expected on a lot of fronts. You had stocks run up into that better than expected earnings in most cases and then you had profit taking. Buy the rumor, sell the news none of this is foreign. None of this is strange to anyone who has been around for a long time. There are differences in the dynamics beneath the surface in terms of the way people trade these days that maybe make these effects more pronounced. But if you look at where we are in relative strength and internals, in the vix, all of this is well within the bounds of what weve seen historically, and i dont think that we need to
Joining us now, nate tibbitt, Senior Vice President of global government affairs. Hey, everybody. It is a genuine pleasure. I really want to think the i. T. Team for all the hard work it takes to produce another fantastic intersect event. It is clear that American Ingenuity drives us to new technological futures. And policies that promote r d and strong patent protections will assure American Companies maintain leadership. American companies will play a pivotal role in guiding the future of a high. Just as qualcomm played a pivotal role in creating Wireless Technology that fueled the digital revolution, we are now focused on democratizing the benefits the technology by putting access to a. I. In the palms of peoples hands by their connected devices. In 2023, the a. I. Discussions primarily centered around training and developing large language models. This year, the a. I. Conversation will shift towards the proliferation of generative a. I. Applications and a. I. Inference, making tech