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Transcripts For BLOOMBERG In The Loop With Betty Liu 20141009

The Dow Jones Industrial average up 274 points yesterday. Investors rushed into the market after the fed hinted that Interest Rates will stay near zero. U. S. Economic growth might be lower than expected. Maybe they will keep rates at 04 longer. Zero four longer. Ceo has been cutting costs. He has been under pressure from activist investors. Investors dont appear to like the shakeup at cap peered shares falling as much as 9 after the company replaced of the ceo. The stock more than doubled during his tenure. He will be replaced by the president of gaps growth, innovation and digital unit. Work zuckerberg is calling Internet Access a basic human right. Hes in india where he will be with the prime minister. One billion people in india are unable to get online. Deploying traditional Networking Infrastructure to connect Rural Communities with low population density is not really costeffective. Which is why it has not been done yet. We are working to develop new technologies that can be mor

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