Death of their ceo in may. Hp executive, former hp executive bill veghte takes over , as ceo on august 3. He served as chief strategy and operating officer at hp after spending 20 years at microsoft. Facebook coo Sheryl Sandberg also joined the board saying she hopes to realize her late husbands vision. What does it all mean for surveymonkeys future . Bill joins me from palo alto. Thanks for joining me. I know this is bittersweet for you. You and david go back for 30 years. I know that he was going to name you to the companys board the week that he died. I would love to hear more about your relationship with him. Bill thanks emily. Dave was an amazing person. A special person and a great friend over 30 years. As you know dave well, you know he is a person that has passion for people and ideas. I remember when he first discovered surveymonkey, he said bill, i found this great company. Its a beautiful business that has so much potential in front of it. As you highlighted, its a very smar
Sentiment. Weak pc demand sending revenue down 5 . But they buck the trend. The turn around strategy pays off as it defies a slow down in china by targeting the high end of the market. Welcome everyone to the show. Shares in apple fell in after hours trade after investors ignore the quarter. They focus on weaker than expected forecasts for revenue in the Fourth Quarter and there were some other reasons they turned sour on the stock. Iphone sales came in at 31 billion with shipments 3 billion below estimates. They also bundled other devices. The tech giant would only say june sales were higher than april or may but the lack of detail left some analysts speculating over the success of the newest gadget. The Earnings Report is also weighing on tech stocks here in europe. Investors are also shrugging off a 32 rise in Second Quarter profits from chip designer arm despite earnings being broadly in mind with expectations. Simon cigar spoke to cnbc earlier about a possible apple takeover. Ther
Want three committees, but they put me on, and we are able to cover it, but it is a busy time. Host how do you keep it all straight . Rep. Mike bost we have staff, and studying the issues, and one of the important things to do is these things that are obviously from other congresses before, and you have to play catchup in your mind, and we are getting to the point now where we are pretty smooth. Host you have several witnesses, and you only get a few minutes. Rep. Mike bost that is probably one of the rough parts of this job. By the time you get down to the freshmen members, most of the questions have been asked. It has drawn out over a long period of time, but with the subcommittees, i have been able to get into what i need to know during the actual committee, and quite often, we have to come back with questions so we can get our answers. Host what is on your to do list . Rep. Mike bost a couple of things. We have got Scott Air Force base, and there is a geospatial system that is need
European going on in equities today. Pray much unchanged on the stoxx index, ever so slightly higher, hitting a record high in this session. Sterling, bucking the trend a little bit as other currencies are treading water. The euro hit the 1. 20 handle in this session. 1. 999, and the 10 year yield, down one basis point ahead of the fed decision and Janet Yellens press conference. Lets get the bloomberg first word news. 7. 2 magnitude earthquake has struck mexican city. It is the countrys second major quake this month and came on the anniversary of the earthquake in 1985. This temporarily closed the airports and halted trading on the mexican stock exchange. It plans to open tomorrow. Hurricane maria has strengthened to a category five storm again with top winds reaching, 175 Miles Per Hour, causing at least six deaths on the island of dominica. Warnednt trump has north korea of military action. The arab nations are looking at ways to remove the regime. Trump is said to have told them th
Among those involved that a twitter fight will end up derailing the massive complicated issue of tax reform. Those people i speak we think that the senator will be able to kind of rise above this in essence. When push comes to shove, when there is a vote, they will eventually have bob corker on their side. Keep in mind, corker sits on the Senate Budget committee. So he has influential say in all of this. The Senate Budget committee already voted on a budget blueprint. Corker has given at least one thumbs up so far to the process. But now the dirty work, in essence comes as the full senate has to take that up. Of course there will be debate back and forth on the whole different tax issue. Bottom line, one person told me here, in washington earlier today, do we want Something Like this happening right now . No, they dont want this to be a public spat. Do they think it will eventually derail entirety of all of this . No, not necessarily that either. We do expect to hear from the president