Page 8 - Development Platform News Today

Also some tech m a. Oracle buying netsuite for 9. 3 billion in cash. That makes it the second biggest acquisition ever. Thats behind the 10 plus billion dollar acquisition just over ten years ago. Just had a conversation with people familiar with oracle speaking on this and i was wondering right now because larry and his Family Organization connected to him own about 40 of netsuite. This deal looks more expensive than oracle has been paying for cloud acquisition. So why do this now . It turns ou...

Carl kin nquintanilla is on assignment. Also jessica, and mike isaac, Technology Reporter at numbs in the meantime. Good morning to both of you. We start with our top story this morning, facebook taking on snapchat once against with a new instagram product called stories. The product will be built into the Instagram App includes face filters, and location tags. Its been it doesnt end there. Facebook is also tests video ads as a way to monetize the new sometimes controversial feature. Jessica, in...

Welcome to squawk alley for our tuesday morning. Im in rio, joining me fromport 9 is jon fortt and kayla tausche, but first, this is a good day for the u. S. Team. The u. S. Won six swimming medals yesterday, five of them from rookies. Here are something beginning can katie meili. I im so happy and thrilled. Theres so many people that that medal goes to, not just me. So many people that helped me get here. They really deserved it. I would have loved to have been faster, but ive got 9 experience ...

Founder phil liven. Our top story, shares of netflix are getting crushed, down about 14 . Second Quarter Sales were you will, but the good news stop there. Only 160,000 new customers signed up for the service in the u. S. In its most recent quarter, well short of the 500,000 estimate. And then the Third Quarter guidance came in well short of expectations. Im guessing this does not get the yumyum, as you like to say. Yeah, no yumyum here. Theres a lot of headwinds for netflix on the pricing front...

Campos to continue items 11 ab on fulsome street ill leave it up to you if you want to take up that matter now or when the item is called in the normal course of business and i ask we take it up not now but in the natural order. Then the one item commissioners for pennsylvania i have no speaker cards. By Public Comment on the items proposed for continuan continuance. To the 2655 fulsome street. And thats not on the. Thats the items for continuance. I gave the option to the commissioners, if we w...

John and gave us insight into mobile on squawk on the street. Take a listen. 75 of our gnb as well as 75 of the china Retail Market revenues come from mobile. So we have come a long way since two years ago when people were concerned about that issue but today we have just reported that our monetization of mobile users has exceeded the monetization. Alibaba shares up a little better than 5 . 4. 8 billion in revenue. 59 year on year we saw strong results and google putting its issues to rest. Have...

Elevation partners. Good to have you with me as well. Ceo tim cook speaking at length with the Washington Post over the weekend. Talked about a ton of subjects including the iphone, the fight against the fbi succession and some of his biggest mistakes as ceo. On the iphone he says overtime im convinced that every person in the world will have a smartphone. That may take awhile and they wont all have iphones but its the greatest market on earth from a consumer point of view. He also says running ...

Joining me back in new york, john and kayla. Busy day, day seven and a busy day back home at post nine, back over to you. Thanks so much, chaarl. Amazon hitting alltime highs. Earnings from michael kors, jc penney and if you can remember back to monday, we kicked off with walmarts 3. 3 billion acquisition. The retail space heating up. Where should investors look to next . Tony florence is a general partner with nea and early investor and director in jet. Com. Tony within its great to have you. T...

Kayla is out today put with us is john fort and sarah on post 9. The markets arent moving a whole lot. An interesting skirmish in the telecon wars. A new unlimited data plan as well as the on going rivalry with sprint. Take a listen. 75 of my customer adds focus on those two and just copy paste everything i do and it will be fine. The sprint ceo joins us on the phone to respond. Its great to have you back. Good morning. Good morning, how are you. And they came out with their plan and have ledger...

7onseptember 9th with a release date of september 23rd interesting couple of weeks. You had the interview in the Washington Post and they have been in the cross hairs of the Trump Campaign but thats not discouraging them from making another step forward into china. Yeah. I mean, they have to. They have to you know, they depend heavily on growth in china. Thats one of the big things cook has pushed and he has done, you know, he was sort of the mastermind of this turnaround in china over the last ...