Shares a World Wrestling entertainment are getting slammed, falling 43 after the company said its new Online Tv Network will not make up for lost a per and ondemand revenue until next year. Wwe needs 1. 3 million subscribers to 1. 4 million subscribers to generate enough income from the network. Blackberry is losing a board member. He will not stand for reelection after one year on the board. He is the former ceo of sony ericsson. The move will leave the board with six executives. The next battleground in the applesamsung fight may be over a graphitebased material which could be ideal for wearable devices. It is a hightech version of cling wrap and is thinner, stronger, and more flexible than current technology. Both apple and samsung have been racing to secure patent. Two applications in the u. S. , while samsung has 17. Back to our lead story of the day, it has been a rocky time in the Public Markets but the valuations of many hot startups are soaring and show no signs of cooling off
Banning mr. Sterling for life for Many Association with the Clippers Organization for the nba. He is banned for life. This comes after those racist comments he allegedly made in a phone conversation. Were getting reaction from a former New York Knicks are start. From the conference in los angeles come we will be joined by the former italian Prime Minister. All that is coming up in todays edition. The stocks were watching as we head into the close, julie hyman is keeping an eye on them for us. Christ lets take a look at technology. That is the leading group today. Yahoo is among the best performance in tech today. The companys socalled some of the evaluation, that is, if you a look at ali baba stake and yahoo japan, it is worth more than where it is training now trading now. Yahoo also said it would be debuting a couple of original video shows on its website to drive scribers and traffic. That could also be giving a boost. Out with this numbers and showed better than expected and lost f
Think that argument doesnt exist anymore. Its the old bad news is good news. We thought we heard the end of that, maybe we havent. Even so, markets near a record. August, too, consistently bad the last few years. Speaking of the jobs numbers, were they real . Some noted economists are openly saying they dont believe them. They feel things are much better out in the economy than that report suggests, so well try to separate fact from some fiction coming up. Also today, think a gop victory in the senate will be good for business . The conventional wisdom, but think again. At least thats what barney frank says. He wrote about it on cnbc. Com and hell be here to make his case, but hes not going to be alone. Larry will also be here and i have a feeling things might heat up, so stay tuned for what should be a fun debate. Well stand back and let them go at it for a little while. Yes, we will. You saw the dow open lower this morning on the disappointing jobs report, has come back in the aftern
At the airport. All of them . Most of them. So which ones arent helping out so much . I mean they are taking the benefit i mean, it was a tough road to get to lowering their payroll taxes and stock options. So which are giving back and when arent . Ed lee will continue to work to 100 consensus. Sales force, riverbed, auto desk zanga, twitter, at t has been awesome. How about aol . Aol is headquartered in palo alto. Something is happening in october . Since we have benefited as a city so much and since we are like the third lowest Unemployment Rate in california because of the Technology Companies that are here, we wanted to celebrate that. We wanted to get the word out and we have declared the month of october to be innovation month in San Francisco. Awesome. Its fabulous because it allows us to demonstrate all of the Different Companies going on here. In fact, we have a website that i want to drive everybody to that will explain and list all of the activities for innovation month. And
Boost signed by. People who put big dreams on the big screen. Play. Movie magazine on the w. Financial frenzy on South African markets as traders anticipate an economic recovery younger and new president investors believe an era of corruption has come to an end. Stock is flying high the european plane maker looks past its delivery problems to a much stronger outlook and the power of pork china turns to factory style farms to boost pig production to squealing heights. Lets do business investors in south africa are over the moon that a probusiness reform. Has replaced jacob zuma as president benchmark South African stocks climbing over three and a half percent chalking up their biggest daily gain in nearly three years the rand also climbing to its highest in three years against the dollar broader african shares also up. It could all mark the beginning of an economic turnaround analysts used to refer to south africa as the gateway to the continent. South africas economy took a beating und