Netflix shares also in the red. I spoke with Reed Hastings for his thoughts on how the pandemic would affect the industry and how he sees the streaming wars playing out. First, a deep dive into what is moving after hours. Slack moving after the bell. Shares plummeting after filling fell short of analyst estimates. Abigail doolittle has been looking at the numbers. I just got off the phone with the ceo of slack, who focused on the demand they see accelerating in paid customers. They are still not seeing still not giving guidance. Afterch a dramatic impact hours . Abigail one thing investors do not like is uncertainty. Also, in terms of the billings miss for the quarter, it was not huge, but 6 . You would think that folks would be using the messaging platform during the stayathome days, but it signals the idea that some of the small and mediumsized businesses are hurt enough, signaling that slack could be a nice to have Technology Rather than a need to have. This stock really getting plu
Boris johnson sparked outrage. News out ofing south korea. We are getting the jobless rate falling to 3. 2 percent. The expectation was that the jobless rate would come in at 4. 2 percent so this is much better than expected. We are also talking about the sixth straight month of decline in jobless rates. That 270 4000ring jobs were removed in august from a year earlier. We know that south korea has seen its government really boost those job creation efforts not to mention we could have seen domestic demand being held by the Summer Holiday season and more jobs being available. The government pushing for a fourth extra budget. This is of course helping workers and businesses who lost income due to the latest restrictions and jobless rates. 3. 2 . In for august at watch out for what happens later in the following months given we have seen this flare up in virus cases towards the end of august, haiti. Haidi. Haidi pretty dire numbers coming out and we continue to watch what happens when it
Federal, state, or local . We are opening up regional lines. If you are in the eastern or central time zones, we want you to call 2027488000 . If you are in the mountain or pacific time zones, your line is 2027488001 . Medical professionals, you are on the front lines. What are you seeing when it comes to confidence of what people think about what you are saying . Your number is 2027488002 . You can always text us at 2027488003 and we are always cspanwja social media and facebook. On friday, Public Health officials were in front of Congress Talking about the coronavirus and answering questions from elected officials. Washington post was there and wrote a little bit of what happened. The failure of the united friday as on display Top Administration Health Officials, appearing before a panel, acknowledged testing delays and a hodgepodge of state policy that protected no more than half the country. With restrictions aimed at stopping more infections, testimony on the coronavirus intos, wh
Leaning on big cap tech. Once again ass an anchor s p 500 First Time Since february, microsoft, tiktok in the news schumer says the democrats in the white house have started to move a little closer on a stimulus agreement, and of course david disney tonight, which will give us all kinds of information about the progress of parks, studio entertainment, advertising and more as we have said many times over the last few months, disney in some ways a reflection of the economy, certainly the consumer side of it to some extent. I know julia is going to be following that closely after the bell expectations cant be particularly high but we are looking for a lot more data when it comes to the parks and the attendance, when it comes to directtoconsumer of course with disney plus and the exhibition of motion pictures, which is not something thats going on right now. Absolutely, david, i mean, i think it will be really interesting to get some more insight into the success of that streaming business
the thugsjfi] and criminals areçócorrupting our justice system, xdhe s rallying his supporters as another legal probe, the special counsel criminal investigation intensifies.e1xdxdr i ll talk to trump s attorney joe tacopina and preet bharara. your platform should be banned. tiktok ceo faces bipartisan ( skepticism that the app may be used for spying by the chinese government. has indeed spied on americaná citizens? i don t think that spying is the right way to describ wit. can the biden adóilistration ban the most downloaded app on the planet?5a■xdw3lpe1lpe1ñri] fá and parental w3permission. as was, utah decidest( to target all of 5$%1■ media and becomes the first state in the nation to restrict how children use it.i] we have a responsibility to protect our young people. i ll talk to republi#pf governor spencer cox who signed this new law regardi consent for minors usq media apps. joining me for insight and e9 correspondent yamiche alcindor.1 jak