Money amid Public Market turmoil. The Public Market, New York Stock Exchange president Stacy Cunningham discusses the popularity of direct listings and the atmosphere in a delayed wework public listing world. First, our top story. Facebook has discovered four separate misinformation networks, three to iran and one to russia. Zuckerberg says it shutdown the networks as part of an effort to counter foreign influence campaigns. This was on a press Briefing Call early on monday. Zuckerberg also addressed a bloomberg scoop in which he privately recommended several potential hires to the campaign of Pete Buttigieg. This should not be taken as an endorsement. Mutual friends from college who introduced me to pete a couple years ago. I did a Facebook Live event a couple years back. It is widely known that i met him. And when a number of colleagues who i had worked with at facebook or my Philanthropic Foundation where interested in working there, they asked me or my wife, priscilla, to send over
Speaking of the public market, New York Stock Exchange president Stacy Cunningham discusses the popularity of direct listings and the atmosphere in a delayed wework public listing world. First, our top story. Facebook has discovered four separate misinformation networks, three to iran and one to russia. Zuckerberg says it shutdown the networks as part of an effort to counter foreign influence campaigns. This was on a press Briefing Call early on monday. Zuckerberg also addressed a bloomberg scoop in which he privately recommended several potential hires to the campaign of Pete Buttigieg. This should not be taken as an endorsement. We have several mutual friends from college who introduced me to pete a couple years ago. I did a Facebook Live event a couple years back. It is widely known that i met him. And when a number of colleagues who i had worked with at facebook or my Philanthropic Foundation were interested in working there, they asked me or my wife, priscilla, to send over their
And, libra drilling. Facebook Ceo Mark Zuckerberg is anticipated to face lawmaker questions on the controversial cryptocurrency on wednesday. We cover what to expect. First, our top story. In latel as much as 10 trading after reporting thirdquarter earnings. Revenue and user growth beat analyst estimates. It has been boosted by an increase in downloads to the revamped android version. Questions remain about longterm monetization. Someone fromng in bloomberg intelligence. I have a chart here that i am showing in my terminal. Seems like those daily active users knocked it out of the park. Were prettys strong. Q4 guidance fell short. The stock is up 154 year to date. Evaluation, to sustain that valuation level, it fell short. The user number is the hardest one to really beat. Everything else is in their control. Monetization, cut costs if they want, but the user growth is the harder metric. The fact that they are projecting better than expected user growth in 4q as well, it is showing tha
The Trump Administration is weighing a new weapon in the trade war with china. They are discussing ways to limit portfolio flows into china. A move that could include delisting Major Chinese companies u. S. Exchanges. The move could impact of theions in the markets and nasdaq s p 500 and dow were all in the red following the report. Joining us to discuss is sarah in los angeles who has been covering the trade war. Of u. S. The goal policymakers here . They trying to punish or just protect u. S. Investors . Interesting that with the trade war this is not meant to be provocative or to push china into the corner and remind them of the leverage the u. S. Has. Talks in the these capital restrictions on china are not part of the trade talks and theyre trying to keep them separate. If we look at the marco rubios of the world, whove been trying to push for this kind of thing in the past, it is more of a moral or ethical argument. We really what American Investment funding a nondemocratic gover
Trade war with china. We work snow show. We will review the week in tech. But first to our top story, the Trump Administration is weighing a new weapon in the trade war with china. Bloomberg says officials are discussing ways to limit portfolio flows into china. A move that could include delisting Major Chinese Companies Like alibaba from u. S. Exchanges. The move could impact of billions in the markets and the nasdaq s p 500 and dow were all in the red following the report. Joining us to discuss in los angeles is bloombergs sarah is whos been covering the trade war. Sarah, what is the goal of u. S. Policymakers here . Are they trying to punish or just protect u. S. Investors . Sarah its interesting that with the trade war this is not meant to be provocative or to push china into the corner and remind them of the leverage the u. S. Has. That said, this capital, these talks in the capital restrictions on china are not part of the trade talks and theyre trying to keep them separate. I th