Focus is talk of a zuckerberg cage fight heats up. Plugging a 48 billion dollar blackhole, Artificial Intelligence could fuel a rebound at softbank is the japanese conglomerates vision fund seeks to snap five quarters of losses. We go live to lisbon as a key leader response to portugals probe into a European Telecom giant. First, lets get a quick check on the markets, the nasdaq 100 is basically flat, up 0. 4 . The tesla news sees the tesla declines accelerating and dragging down. The yield on u. S. 10 year treasury is below 4. 2 . That has been the story, the selloff in bonds and the push higher in yields and its impact to the equity market. Apple is down for a fifth consecutive day. We had earnings last thursday and now we are worried about the labor market and later we will bring you details of this. Valentines down and thats a stock thats getting more than 130 since its last earnings were word. The streak expects one cent of earningspershare. The name we are watching so closely, th
The issue that we have as we shift away from technology there is no question from our point of view it is a more secure technology. Is his successor schip and bin . No. Not in our view because of the way you authenticates our cardholder. But that said it is a significant improvement in cars security verses traditional strike only but shipping and can chip and pin for attacks when somebody loses a card but in the chip and pin world that is practically impossible although we did jesse an article talkedabout new streaming technology coming out of mexico that may make chip and pin cards more vulnerable than men previously suspected. But that said i dont think there is any question were moving emv there are millions of these cards provided to consumers. This is something they will get used to having in their wallets but it is not the Silver Bullet against fraud. We have seen in other countries such as the u. K. When they made the shift from the of Magnetic Stripe much of the fraud associate
Cards with i new ones em with new ones embedded with security chips. Up next, a conversation on credit card Security Technology. The event hosted by protect my data. Good afternoon, everyone. Im deborah berlyn, im leader of the protect my data and president of consumer policy solutions, and id like to welcome you to our program and thank you for being here to take part in this discussion today regarding an important consumer issue. Protect my data is a Consumer Education campaign on credit card security. Were joined today by our distinguished white house guest speaker followed by a panel of leading industry and consumer issue experts to discuss this issue. After brief opening remarks and our discussion, we will open this to answer any questions you all may have. Were here today to explore the steps retailers and Financial Institutions are taking to secure credit and debit Card Transactions. The differences between chip and Pin Technology compared to chipequipped cards thank you chipequ
Do bells. I got wiener fatigue. It is too easy. Lets talk wall street. It has been we had earnings and the market softballs. I cant do it. Softballs, great. It is another busy day in earnings central today. Among the names that are set to post Quarterly Results before the bell, we have boeing, caterpillar, eli lilly, ford, glaxosmithkline and pepsi. And tonight hearing from facebook. If thats not enough for you, among our squawk newsmakers, well be joined by the cfo of pepsi, Hugh Johnston. And eli lillys chairman and ceo Doug Oberhelman and wick mooreman. We have a big morning ahead. And we have Hugh Johnston on today. And a big lineup. Yes, we do. And and after a nearly decade long Insider Trading, federal authorities are close to leveling a criminal indictment against sac capital. Prosecutors and the fbi in manhattan are expected to announce the charges as early as this week. No word on whether the hedge fund might try to settle at the last moment. But reports say that is unlikely.