Tech Bubble Burst News Today

Tech cut more jobs than any other industry last month, according to recruiting firm Challenger, Gray & Christmas.

But manufacturing is a small part of the economy than it was during the moon landing, so that in itself, what scares me actually is not the manufacturing, is a little weak. its the perceived excess, because thats really whats driving our economy, could lead to all of the investors questioning how much money they are putting into these companies seeing that its all going into tequilla bottles, office spas and gulfstream. that stepback of money could lead to the economy slowing down , and ending t...

Gdp is now essentially at an l all-time high. what im struck by, if you look at that graph, there are only two points in history where its been that high. 1929, before the crash of 29 and 1999 before the crash the tech bubble burst. >> right. >> thats ominous. >> i hope its not going to be that ominous. but the big sort of strategic decision people have to make is to go much more international. what happens is people get so caught up in terms of whats worked and then there is an entire sort of t...

Gdp, is at essentially an all-time high. what im struck by is if you look at the graph, there are only two points in history where its been that high. 1929 before the crash of 29, and 1999, before the crash the tech bubble burst. thats pretty ominous. >> i hope its not going to be that ominous, but the big sort of strategic decision that people have to make is to sort of go much more international, because what happens is people get so caught up in terms of whats worked, and theres an entire sor...

Offer from facebook. and uber is now valued at $18.2 billion. just to put that in perspective, at that valuation, uber is worth more than avis, hertz and sony. this has people asking, are we experiencing a massive tech bubble. investors be wary. if there is a tech bubble and its ready to burst. how much damage could it cause? when pets.com and many other web based companies were falling victim to the last tech bubble, it helped drag the economy into recession. with an app that says yo, with that...

Have a great idea like the yo app and somebody comes to you and gives you a million dollars for a chunk of it. theyre getting a great app down the road. >> am i wrong? i know there are millions of people around the world that use it, free messaging service. its a great product. its unclear to me how its going to make money. how -- thats the other thing, that is the other thing about this thats similar to the tech bubble, companies that had no clear strategy getting acquired or doing ipos for hun...

Offer from facebook. and uber is now valued at $18.2 billion. just to put that in perspective, at that valuation, uber is worth more than avis, hertz and sony. this has people asking, are we experiencing a massive tech bubble. investors be wary. if there is a tech bubble and its ready to burst. how much damage could it cause? when pets.com and many other web based companies were falling victim to the last tech bubble, it helped drag the economy into recession. with an app that says yo, with that...

People who engage in that name, thats the one thing i want to give him, the right to name his own team so long as he doesnt use a racial slur. >> thats right, keep it out of a racial slur, and the new name will be fine with you. >> tell me this, i thought this was a rich man who knew how to make money. can you imagine how much money he would make if he had a new name and all that paraphernalia had to be changed? >> thats right. >> why isnt he smiling to the bank and say, let it be. >> iphone com...

>> you know, chris, there are people who engage in that name, thats the one thing i want to give him, the right to name his own team so long as he doesnt use a racial slur. >> thats right, keep it out of a racial slur, and the new name will be fine with you. >> tell me this, i thought this was a rich man who knew how to make money. can you imagine how much money he would make if he had a new name and all that paraphernalia had to be changed? >> thats right. >> why isnt he smiling to the bank and...

Have a great idea like the yo app and somebody comes to you and gives you a million dollars for a chunk of it. theyre getting a great app down the road. >> am i wrong? i know there are millions of people around the world that use it, free messaging service. its a great product. its unclear to me how its going to make money. how -- thats the other thing, that is the other thing about this thats similar to the tech bubble, companies that had no clear strategy getting acquired or doing ipos for hun...