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Tom perkins, the cofounder of geithner perkins, wrote a letter to the wall street journal, comparing the war on the richest one percent in america to the persecution of jews in nazi germany. He joined me to apologize for that comparison, but not the message. Perhaps the most talked about part of that conversation was his watch. Take a listen. They got into a conversation about the idiocy of rolex watches. Why does any man need a rolex watch . It is a symbol of terrible values, etc. Well, i think that is a little silly. This is not a rolex. Rolexesbuy a sixpack of for this, but so what . He could have walked a few six packs over rolex of rolexes with that watch. Joining me is an earlystage venture investor. I know you have been following this all week. What do you make of perkins comments . Anything, if possible, i find him more offensive than i did earlier in the week. It was offensive the first go around, and now it is cartoonish. He walked back some of his most egregious comments wit ....
And the drone business is about to get a big boost, the fda selecting six dates for unmanned flight testing. It could generate 82 billion in the next decade. But first, to the lead apple engaged in a big fight with this Court Appointed monitor over e book price fixing. The Court Appointed a monitor to make sure it changes its behavior and reforms is is is packed this is, but that monitor says apple has been uncooperative and has made executives like tim cook unavailable for interview. He said the company has failed to turn over documents or make executives available. Apple has been fighting every step of the way. Apple accuses him of acting in an improper manner, saint have been overbilled and refused a claim that theyre keeping key personnel from interviews. A request for comment from apple has not been returned. Im joined by a bloomberg contributing editor, nicholas thomp ....
Losing the rights to the popular movies. The drone is nice about to get a big boost. Flighttes for unmanned testing. More than 82 billion in the next decade. First, apple engaged in a big fight with the Court Appointed monitor as part of the case over ebook price fixing. The Court Appointed a monitor. That monitor says that apple has been uncooperative and has made executives unavailable for interviews. In Court Documents filed he failed to make all kinds of executives unavailable. Apple has been fighting every step of the way. In return acting in an improper manner. Says they have been overbilled and refused the claim that they were keeping keep personnel from being interviewed. It has not been returned. Nicholas thompson joins us for more. Complaintscinating where the bromwich guy is pushing back in every possible w ....
Marketing campaigns quite like this one. The firstecomes league with welcome. I am stephanie ruhle. Thrilled to be here. Matt is in the house. I am filling in for Erik Schatzker, who is on assignment. He is really on assignment. Not one of those on assignment. I was just in sonoma on a track. Tough job. We have breaking Economic News to get to right now. April, mikeh of mckee is taking us through the numbers. 1. 3 increase does not, go whole lot, but it is the best since last july. Home sales rise to a 4. 6 5 billion annual rate. We have been talking about this for a while. Condos and cars, people are moving into that area, away from singlefamily homes. Condos up 7. 3 . We are seeing a better trend in home sales, but not in the singlefamily area as much as multifamily area. Supply goes up in the month of april. That is good news. We have been waiting for more people to put the ....