We think this is where they will unveil their galaxy as five. This is happening in downtown manhattan. We have also been talking about Mark Zuckerberg speaking from mobile world conference. He just wrapped up a keynote there. Tradeshow attending a like this is proof that mobile is a huge priority for tech giants like facebook. The company is fresh off their acquisition of the messaging platform whats app. Lets hear what zuckerberg had to save the big price they paid for the service. By itself, its worth more than 19 billion dollars. Its hard to make that case because they have so little revenue but the reality is there are very few services that reached a billion people in the world. They are incredibly valuable. This is the one service that gets to a billion people and ends up not being that valuable, i dont think i am. Zuckerberg spoke about the initiative to connect billions of people to the internet, saying there are economic benefits to providing Free Internet access to emerging m
Users after a security form says its warned him about von ability. Will it be lights out for major nfl playoffs this weekend . Aree games are in danger of blackout unless the stadiums sellout in time. First, to the lead facebook hit with a privacy lawsuit. Two users complain facebook scanned some private user messages and then profits off the data by sharing it with advertisers. The plaintiffs are seeking classaction status and say it violates federal and california law. Facebook says the allegations are without merit. Facebook is not the First Company to face these kinds of allegations. Google and yahoo face allegations of intercepting user communications. Our bloomberg contributing editor joins us now from new york. A sickly, what is facebook accused of doing . How did this allegedly work . What they are accused of doing is looking at the links of right messages people are sending to one another and scanning the content of the messages and inappropriately profiting off the data they
The communists didnt like me, too much. Now, he is not mentioning his words when it comes to the situation in ukraine and the threat that russia may pose. Estonia is a small country of one and a quarter Million People on the baltic sea right next door to the russian federation. I mean we are in a situation in which the rules no longer app apply. One country has basically decided it no longer needs to follow the rules that we have agreed positive. The president also talks about sanctions and the economic take. We bite the bullet and deal with it have i spoke to the president when he was in new assembly. You grew up just across the river here you grew up in new jersey and spent a good amount of time in america. 20 years, i spent. Well, i mean my parents were refugees, men then in sweeden and i was born there and then they its my uncle had come to the United States. He sponsored them and they moved to i was at Radio Free Europe for a number of years. Almost 10. First as an analyst. Writin
Ugly week, lets look forward and talk about the game plan for next week. This business isnt about the past. Its about the future. Now, we start off next week worried. Worried about the rest of the world. The numbers out of europe and china are okay. I hope that can change monday. The pmi is coming over the weekend. Along with the why is it so important . Give the main Portfolio Managers looking for a resurgence of International Industrial that is are based in the u. S. The profit taking in this has been down right horrendous. Maybe strong numbers from europe and china over the weekend could allow for a nice oversold rally. One that may have started the last half hour of trading today ask kind of gave up the ghost in the last ten minutes. We hope it see more news on chatter that spring theyve been preparing a bid for t mobile, like them both. Something my friend david faber said could be in the works many times in the last few weeks. Now, this potential deal would help sprint get heft,
Definitely an ugly week, lets look forward and talk about the game plan for next week. This business isnt about the past. Its about the future. Now, we start off next week worried. Worried about the rest of the world. We could be concerned with just our own country. Some of the weakness is because of the rest of the world. The numbers out of europe and china are okay. Im calling them tend tepid. I hope that can change monday. The pmi is coming over the weekend. Along with eurozone manufacturing pmi. Why is that so important . Give the main Portfolio Managers looking for a resurgence of international industrials that are based in the u. S. The profit taking in this has been down right horrendous. Maybe strong numbers from europe and china over the weekend could allow for a nice oversold rally. One that may have started the last hour and a half of trading today but gave up the ghost in the last ten minutes. We hope it see more news on chatter that sprint maybe preparing a bid for tmobile