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Transcripts For BLOOMBERG Bloomberg West 20141106

All of us, in both parties. Senate republican leader Mitch Mcconnell says he would also like to end the gridlock in washington. Media giant cbs soaring, 1 billion for the proceeds of the spinoff of a Billboard Company cbs outdoor. Tv and ad revenue up slightly. Thanks in part to strong ratings from thursday night football from nfl games. And china hitting qualcomm again in the monthly earnings report. Still having trouble connecting collecting license fees from reluctant chinese companies. Lowering the forecast as a result and revenue in the Fourth Quarter rose just 3 yearoveryear. Net income up 26 . And a popular question in silicon valley, are we in a tax bubble . Here is paypal cofounder peter teal. Peter thiel. I dont think it is a bubblelike in the late 90s. I think the bubble is the type of social phenomenon and only happens when the public thats involved. Tech in the 90s, housing in the 2000. This time around, the public has not been involved. You have 300 ipos a year in the u.

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