Your book is a world tour that begins in quincy washington my coauthor and i chose quincy washington because of the Data Center Capital the world its near the Columbia River are being built there because its close to hydroelectric power that is cheap and clean, we take the reader on a tour of what is becoming the infrastructure of the 21st century, the mammoth buildings, more than 20 of them filled with electrical generators, hundreds, thousands of batteries but of course mostly supercomputers, everything that we do, almost every day is actually accessing or storing our data in the cloud which is in one of the data centers. Your 100 of these and 20 countries is that correct. More than 20 countries, more than 100 data centers, microsoft is one of the largest but cavities like google, amazon, facebook, apple were all building more and more of these data centers, its were restoring our data they become among other things the Largest Consumer of electricity in the world. So if i send an em
On a virus has infected more than 2400000 people globally its taken more than 160000 lives while some countries are seeing a flattening curve others are still seeing a surge in new cases coppa 19 has infected more than 766000 americans while thats in the u. S. Have topped 40000 new york state which is finally seeing a drop in new cases announced that its going to begin aggressive statewide Antibody Testing this week protests continue across the u. S. Over shelter in place orders amid pressure on governors to reopen local economies at sundays briefing president hell use the defense production act to increase manufacturing of testing swabs while working with governors to reopen their economies are with the governors doing a better job than others. Capacity that weve brought online will empower governors to deploy sophisticated strategies so they can safely reopen their states. Some people believe in. And other people believe it less strongly but still its a very good thing to have the us
What some of the states are doing, they can open, but its very difficult some of the rules of some of the states are hard core when you look at them, you think ppp versus, geez, those are the rules . Took some ppp before were seeing it . I think its not going to be nearly as easy as people think i do wonder if our show were located in austin if we wouldnt be saying those crazy new yorkers, but we live here. We live in new jersey. I think that its going to be a little bit more difficult for a company to stay in business unless they have great Balance Sheets, and are able to ride the waves. Look at norwegian cruise its a city on a a foreignflagged city on the ocean. I see situations like that, im like be careful. Its not all roses when youre opening. Right additional headlines this morning about pending layoffs, reportedly pending layoffs for the airlines in october. Bankruptcy news, whether its hertz or a few other companies now. The markets looking past a lot of that. I think the marke
A system you can count on, we need transparency. President trump ramps up his Public Campaign to blame china saying he has seen evidence linking the outbreak to a lab in wuhan. I think the World Health Organization should be ashamed of themselves. The threat of tariffs weighs on the futures rbf and posted better than expected profits revenue surge and shares sink. Jeff bezos plans to spend 4 billion on virus response measures apple beats top and bottom line forecast in the First Quarter but ceo tim cook said he wont pretend to provide an outlook. Sending shares red after hours a very good morning to you and welcome to street signs. A rough start to may, the only stock markets that are open are trading lower after washington and beijing increased overnight. Threatened new trade tariffs against china after claiming the coronavirus outbreak originated from the country the president did not offer any evidence adding, quote, im not allowed to tell you that and also saying the worth Health O
To try to get there first and that sort of thing so im hopeful we will very much try to learn as much as possible from that facility and from all the other ones too we have a lot to learn here. So well certainly be trying to do that. In terms of fiscal concern, so, you know, for many years ive been before the fed i have longtime been an advocate for the need for the United States to return a sustainable path from a fiscal perspective at the federal level. We have not been on such a path for some time, which just means that the debt is growing faster than the economy this is not the time to act on those concerns this is the time to use the great fiscal power of the United States to do what we can to support the economy and try to get through this with as little damage to the longerrun productive capacity the economy has possible the time will come, again, and reasonably soon, i think, where we can think about a longterm way to get our fiscal house in order, and we absolutely need to do