And short form video startup quit be looking to raise another 500 million ahead of next years launch on top of the 1 billion it has already raised. Ceo meg whitman tells us how the servicele streaming will compete. First, major news out of apple. Apples chief designer, jony ive , longtime designer, is leaving the company to form a long time to form his own design company. Ive is responsible for the look of some of the iconic products including the iphone. We got a press release minutes ago from apple. There is a quote from tim cook is a singular figure in the design world and his role in apples revival cannot be overstated from 1988s groundbreaking imac and the iphone. To a certain extent, this is not incredibly surprising. Over the last couple of years, ive has sort of taken a step back from the public eye, from the day today in the design at apple. He was very focused on building apples new headquarters, its circular headquarters in cupertino, california. Cook goes onto to say apple
Premarket. Microsoft and intel are moving lower. Weve got a first look at the economy under president trump. It was a weak First Quarter, the question of course is has growth picked up since then. Starbucks out with results, the stock is slipping. A live and exclusive interview with Ceo Kevin Johnson and now chairman Howard Schultz. On the tech earnings front, amazon as you may know by now surpassing forecasts, getting a lift from the Cloud Business. Alphabet also above consensus as mobile search helped to drive ad sales higher. Microsoft and intel beat on the bottom line, but miss on the top line. Jim, theres a lot to get to last night. Last night was incredible to listen to not to the amazon call because amazon said, our cash flow is fabulous. All true. But the alphabet call was about how were not a Search Engine company thats driven by advertising although our advertising is up 50 . They said over and over again as we talked about earlier this week were cloud, were cloud, were cloud
We now have not just a cell phone or a data phone, but typically a tablet, a cell phone that migrates onto a wifi network. We have multiple connections going at the same time, often in two hands at the same time. It is a radically different world. Understanding technologically what that means is a big challenge. Wireless operates on different principles. Most people dont even realize unless you have an lte phone, its not an internetenabled device. It can use a legacy telephone connection to get back to the cell tower. That fact alone is something that is a technical fact that is lost on a lot of policy makers and is uncontroversial from an engineering standpoint. Part of what were trying to do is to raise the level of debate to get the basics down and work on the real issues. Taking your example there, what is the legal argument, the legal information people should have about that . Example i just gave is thatwhen people say wireless should be the same as fixed line, you have to unders
Christopher yoo who runs the center for Technology Innovation and competition there. Professor yoo, what is that . Guest it is research and education its part of the law school. We do research, we hold events, and were sponsoring a bunch of joint degree programs to train a new type of professional with advanced training, engineering and economics training. Host and where does the technology and innovation come in . Guest it comes host when it comes to telecommunications policy. Guest its, if you look at the way we use devices and the way we think of the internet, even back in 95 it was dialup, and weve been in ar world where were saying cable versus dsl. Wireless is projected to go through the roof in six months flat. We now have not just a cell phone or a data phone, but typically a tablet, a cell phone that migrates onto a wifi network, laptops that are hooked on, multiple connections often in two hands at the same time. Understanding technologically what that means is a big challeng
Communicators we like to talk to the big thinkers on telecommunications policy. Joining us is university of pennsylvania professor Christopher Yoo, who runs the center for technology, innovation and competition there. Professor yoo, what is that . Guest it is research and education part of the school. We do research, hold eventses and sponsoring joint degree programs to train a new type of professional with both advanced legalling training, engineering and economic training. Host where does the technology and innovation come in when it comes to telecommunications policy. Guest if you look at the way we use devices, even back in 95, it was dialup. We have cable versus dsl. While this is projected to keep questioning through the roof, we now have not just a cell phone or data phone but typically a tablet, a cell phone that migrates on a wifi network, laptops. We have multiple connections tame, often in two hands and its a radically different world. Understanding technology include what t