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16. It is not letting up with the cycloned bomb getting ready to hit the east coast with snow and high winds. More than 2000 flights have already been canceled. This is bloomberg. Im Alisa Parenti. Bloomberg technology is next. And thism emily chang, is bloomberg technology. Tesla struggles to manufacture for the masses, pushing back a crucial Production Target. Plus, blackberry Ceo John Chen joins us to talk about the companys partnership with baidu and its push into self driving cars. Hasssaging app used in iran been blocked as a wave of antigovernment protests sweeps through the country. How social media is shaping the sentiment. Tesla has pushed back a Production Target for its allimportant model 3 yet again, after shipping fewer cars than expected last quar ....
Market share. Intels betterthanexpected earnings, they reported 3. 1 billion in net income for the third quarter. They showed Strong Demand for a data center chips. But not all good news, they are feeling the decline of the pcs. Joining me now to take a deeper look at the earnings are editor at large cory johnson and alice. Cory, you have been looking at the number of intel shares, what is a big take away . Cory it couldve been worse. Wall street was looking for the guidance to come down, it did not. This is very interesting, you can see everything we talk about on the show. All of the big changes in the world of technology, all taking place within these results. It is the shrinkage of traditional business and enterprise, pcs, desktops, notebooks. And the growth in the data center and how that can yet connects with mobile. Alex, what are you most optimistic about . Alex actually, we are not optimistic over intel. We did get off of ....
The trading session. Julie hyman has the latest. He had this huge rally yesterday after the fed minutes. Starting tos are drift today. I want to start with commodities. Lets start with oil, because we are seeing Goldman Sachs make a call that the mild winter cause oilpact could to fall below cash cost of 20. Their forecast for brent remains at 50 a barrel. Citigroup says that commodities have not fully priced in the effect of the higher rate, a rate increase, which is contrary to the conventional wisdom with the plunge we have seen in commodities. Definitely some negative tone on commodities this morning. I found ather front, cool chart to look at on my bloomberg terminal. This looks at the average temperature at laguardia airport. What i have done is look at the last 10 years nec eight of the month this far have had above average temperatures. November, the average is 23 above the average of the past 10 years. When we talk anecdot ....
Mean we will not be seeing as much, but the other thing we have to consider whether it is china or other countries, the efficiency of utilization of fuel. Meanwhile, chinas stimulus measure appears to be working with consumer consumption up last month. Facebook is a job creating machine. They say they have helped create 4. 5 million jobs around the world. That would include all of the businesses that make money off facebook, according to a study paid for, of course, by facebook. This is after apple claimed it directly or indirectly created more than a million jobs through its app store. Amazon is going green. It will use went to power its data centers. The company signed a deal with a wind farm in indiana for the next 13 years. Once that farm is built and running, amazon will join apple and google in using largely wind energy. Nbc is going to try to use the patriots and the seahawks to get more customers. The network is open to leverage the massive interest in the super bowl to leverag ....
Deficits. Instead, we have seen the fastest Economic Growth in over a decade, our deficits cut by two thirds, a stock market that has doubled and held inflation in the most and 50 years. 15 years. Among proposals, higher taxes on the wealthy were hiring employers to offer paid sick leave. The republican response was given by newly elected senator joni ernst of iowa. America has been hurting. When we demanded solutions, too often, rob washington responded with the same stale mindset that led to his policies like obamacare. It is a mindset that give us political talking points and not solutions. Remounted japan, the central bank has cut inflation forecast and kept its stimulus in place. The bank of japan says prices will increase in the next fiscal year. The bank of japan says Lower Oil Prices will hurt efforts to reflate reinflate the economy but will help growth in the lon ....