Have lifted sanctions linked to Irans Nuclear program. The European Commission says it is working constructively with turkey on visafree travel after turkeys foreign minister said if the eu does not make good on its promise to let turks visit europe without visas, turkey will not help the block with refugees. Bloomberg west is next. Emily this is bloomberg west. Coming up, the Stanford University president stepped down this summer, but his legacy lives on. I will speak with one of the tech communitys most influential pioneers. Plus, with 150 million active users and counting, turning attention to avenue. And a oneonone with the motor city matriarch. We catch up with general motor ceo for an exclusive interview how she is attracting top tech talent from Silicon Valley. First, to our lead. John hennessy will step down as president of Stanford University this august. He has reigned over the university for 15 years after raising more money than any university in a decade and attracting mor
Talks. First, to our lead, the square ipo. The Payments Company filing for an initial public offering, looking to raise 200 and 75 million. Se 275 million. That number is a placeholder and will probably change. Jack dorsey is pulling double duty as ceo of square and twitter. He is trying to restructure the social media company. Joining me now is alex barinka, thell as brad stone bloomberg head of global technology. Lets dive into the numbers. Square is making money but its not profitable. Brad growth is slow, which i was surprised to see. The starbucks partnership, wow. Emily can we talk about that . Because that actually cost them money. Brad there is a long history of starbucks being a poor partner to technology. Of course, groupon gave black marks to starbucks as well. Not surprising, jack dorsey has talked about that being a bad deal. Now we have evidence. Emily that is going away. If we cannot rely on starbucks, where is the growth going to come from . An interesting part of the f
Ipo, and another merger might be in the works. More sales are said to be in talks. First, to our lead, the square ipo. The Payments Company filing for an initial public offering, looking to raise 275 million. That number is a placeholder and will probably change. Jack dorsey is pulling double duty as ceo of square and twitter will have to juggle for square as he tries to restructure the company. Joining me now is alex barinka, who covers ipos, and the bloomberg head of global technology, brad stone. Lets dive into the numbers. Square is making money but its not profitable. Brad growth is slow, which i was surprised to see. The starbucks partnership, wow. Emily can we talk about that . Because that actually cost them money. Brad there is a long history of starbucks being a poor partner to technology. Groupon gave black marks to starbucks as well. Not surprising, jack dorsey has talked about it being a bad deal. The deal isentioned going away. If we cannot rely on starbucks, what can squ
Werent that covered every american citizen. I think our fun i think our Founding Fathers would be appalled. We have policy that is out of date. We have copyright policy from 1976. A lot has changed since 1976. We have the Electronic Communications privacy act that was done in 1986. I started working on email in 1989. We have email as a standard form of communication. One of the most popular forms of communication and yet we still have a situation where a piece of paper in your desk drawer Law Enforcement would need a werent to access that information. An email is not subject to a werent standard. A warrant standard. It needs to be open and free. Anytime the government gets involved, there is an open ended pandoras box. They cannot answer some basic questions. They are basically saying that let that be an issue for congress. Let that be an issue for congress. Announcer monday night at 8 00 p. M. , on the communicators, on cspan2. Commerce secretary Penny Pritzker spoke at this assembly
Gathering. Reflecting back on the days of catv and forward to broadband era is to trace an amazing path from Community Antenna television to the expansion of television and now beyond. To broadband. You deserve congratulations for what you achieved as Cable Companies, as Video Companies and as network builders. You also deserve and alfred may comment about this you also deserve Straight Talk about what it means now that you are first and foremost broadband companies. You have pledged as an industry to assure that the internet remains open and free. And in that goal we are in violent agreement. We do differ however, on what that means. We part company according to your recently filed motion papers over the socalled internet conduct standard, the requirement that Internet Service providers not engage in conduct that impairs an open and Free Internet and goes beyond the obvious bright line rules of blocking tlot egg and prioritization. The internet conduct standard if you will is the Goin