Singapore airlines has won approval to take its subsidiary private. It wants to do list after losses and five of the past six quarters. It is not even a third of its value it listed in 2010. Hong kong and china closed for their lunch break. The shanghai market almost flat. Mumbai. E, tokyo, and slightlyet was dissident. It is bloomberg west now. Emily im emily chang. This is bloomberg west. A very happy birthday for jack dorsey. I spoke with jack about the ipo. Investors with a date with much group. For Marissa Mayer. A shot fired, telling the company not to spin off its stake in alibaba. Square surging in its first day of trading. Shares closed pricing at just nine dollars a share. The company had been marketing shares at an 1113 dollar range. Prices would have given a valuation below the 6 billion that in its last private financing round. Was it a day to celebrate or breathe a sigh of relief . Here is jack dorsey with me. I am really excited. It is something that has been a long road
[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] coming up on cspan2, the Homeland Security Committee Examines the use of Virtual Currencies. Then, a look at the process that granting security clearances for federal workers and contractors. And live at noon eastern, a Heritage Foundation panel on the deal struck in geneva, switzerland, on Irans Nuclear program. Today the Heritage Foundation examines the deal reached this its weekend in geneva, switzerland, on Irans Nuclear weapons program. Watch the event live starting at noon eastern here on cspan2. Also here on cspan2, a look at u. S. Canada Military relations. Well be live at 1 30u p. M. Eastern. The senate Homeland Security Committee Last week examined the governments ability to regulate Digital Currencies like bitcoin. This hearing is two and a half hours. [inaudible conversations] well, good afternoon, everyone. Thank you for joining us. We especially want to thank our witnes
To how one gets to a closing guantanamo . I dont think it is that complicated once we decide the we are going to do. The argument been would be we will never really she because there is a risk if we release you. Thats not good criminal Justice Policy and i dont think its good counterterrorism policy. Everybody else down there that we determined for whatever reason we cannot release or weve tried and convicted them we will housing in the United States. There are many, many Public Policy arguments over the course of my great that a frustrated me. Its amazing how people lead to incorrect conclusions and then the same irreversible. But the notion that we cannot hold dangers people safely in the United States to me is patently absurd. And yet, it drives the debate. The reason that we have not close guantanamo, keep in mind, it wasnt some big liberal goal, gates, john mccain, george w. Bush said we should close guantanamo. Why havent we . Well, ill skip the political argument for the moment
Point of earnings season. A good start. Earnings beat for microsoft, despite falling pc sales and once again, its all about the cloud. Amazon reports strong sales growth. Who cares about margins. Customers dont blink at a price hike for prime. Drum beat of new services continues. Analyst notes this morning are pressuring the stocks. Starbucks up, earnings as analysts expected. Exclusive with Howard Schultz ceo and chairman coming up, coffee, Digital Payments and why lunch is next. Ford is slipping despite strong sales. Profit did miss analyst estimates. Fords margins hit by higher production costs. Shares are dropping. Well hear from bob shanks. First up, microsoft did Beat Estimates by a nickel, fiscal had thirdquarter profit of 68 cents a share. Company was helped by momentum in Cloud Services as total commercial cloud revenue more than doubled in the period and last night during his first earnings call, nadella spoke about betting on the cloud. We will continue to invest in our clou
Microsoft Cloud Solution was based on several factors. One of which being availability, reliability, and performance of microsoft, the availability to have the actual email application hosted in the cloud, took that burden off of our staffing resources. We have limited resources in the city to manage our user base. The yearly staffing costs and staffing time and resources in managing the email application on side and on premise on site and on premise, and our staffing provisions due to city budget cuts and deficits and reductions in force each year, we were less able to maintain the quality of service from an email support perspective. So we did not want to impinge or degrade the level of email service or the quality of service we were providing the city and county, so we had to look for a solution that would allow us to maintain a quality of service, maintain the availability and reliability of email in the city and county, and also to get us all on one single solution for the city an