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silicon valley. i will also speak to the guy who designed the new campus. first of breaking news. etsy is out with its first earnings report. shares are plummeting. the company is warning currency values may hurt buying behavior outside the united states. at sea has etsy has had a bumpy ride since the ipo a month ago. shares have lost a lot of value. they are down 30% from a $30 high on april 16. on top of all this they have been hit by a lawsuit. accusing them of selling counterfeit goods. i bring in leslie picker to being in the numbers. what is the take away today? it seems surprising. reporter: the rule of thumb is when you have an ipo, make sure you have one quarter of earnings in the bag. that is not what at the etsy did here. they missed on earnings. revenue came in almost exactly where analysts were estimating. this is something for a company that has already been overvalued relative to peers, missing first-quarter earnings is not a good sign. emily: how big ....
all of that and more ahead. first to breaking news. etsy is out with its first earnings report. shares are plummeting. the company is warning currency values may hurt buying behavior outside the united states. etsy has had a bumpy ride since it s ipo a month ago. shares have lost a lot of value. they are down 30% from a $30 high on april 16. on top of all this they have been hit by a lawsuit. accusing them of selling counterfeit goods. i bring in leslie picker to being in the numbers. what is the take away today? it seems surprising. leslie: the rule of thumb is when you have an ipo, make sure you have one quarter of earnings in the bag. that is not what etsy did here. as you said they missed on earnings. revenue came in almost exactly where analysts were estimating. this is something for a company that has already been overvalued relative to peers, missing first-quarter earnings is not a good sign. emily: how big a problem is the currency issue? leslie: it s interestin ....
and now turkey has blocked access to google s youtube. court ordered the government to lift the ban on twitter although it is unclear whether if or when it will be lifted. twitter has signed a deal with billboard. charts will measure the popularity of songs based on how much buzz it is generating. twitter announced plans to his continued its #music app. shares are up more than 15%. try net makes cloud-based software for medium and small businesses. it is time for microsoft the the press ast chief executive. mobilea bigger push into and tailoring its office suite to work on apple s iowa state vices for the very first time. cory johnson is live outside the event. you have two big significant things happening in san francisco. have satya nadella, the new microsoft ceo, addressing the tech journalists. that is a big deal. it is a big deal that he came to us. he came to san francisco where the big tech companies are headquartered here in headquartered. microsoft office w ....
jean eugene scott is a msnbc contribu contributor, and reporter for washington post. and so, let s get to you, bet - betsy, with the president s newest attorney rudy giuliani going on fox news and changing what we knew this week. yes, it was a softball on fox news reporter, and he not only said that the president knew about the payments of stormy daniels, but that the president had paid him back to recompensate him back for the payments he made. that is a shock allegation, and also came on the first day that emmitt flood, a low-key, but extraordinarily well powerhouse washington attorney joined the president s inside white house legal team. and emmitt flood certainly had a interesting first day on the job, and in the wake of that, we saw a number of different responses from the white house, and ultimately the white house seems to have settled back on some of the original narratives which is this idea that the president didn t know that the payment was being made and ....
Viva Energy Group Ltd. (AU:VEA) has released an update. Viva Energy Group Ltd has announced a change in the interests of director Scott Wyatt, who . ....