Conversation on top headlines. Heres Brendan Greeley. Brendan china is stepping up its verbal support for the yuan stemming the currencys worst fall into decades. The Central Bank Held a rare press briefing today. Officials said theres a reason for the depreciation to persist. Plus the bank said it will take action when there is excessive volatility. Concerns a good cause instability in china. There is a surprise from greece this morning, the government says the economy unexpectedly in the Second Quarter. Economists forecasted it would shrink. The economy have been crippled by months of haggling over the bailout. The greek armament is preparing to vote on the new bailout package. New spending cuts and tech hikes tax hikes. The rest of the euro has devote. Former president jimmy carter undergoing treatment for cancer. Mr. Carters of the cancer was discovered during liver surgery and is in multiple locations. He is 90 years old. He says he will release more information as soon as next we
Bigger screens that apple is working on but also new ipads. This as the company tries to get its customers excited about tablets again. They started manufacturing them just in time for the holiday season. A new full sized ipad could be unveiled as soon as this quarter and mini will be available by the end of the year. All of this according to familiar with the matter. It is a move to boost their business. Sales fell last quarter to 13. 3 million down 9 yearover year. I asked gene what apple can do to get customers excited about ipads again. It is probably not going to be that different from the existing ipad. They can add a touch i. D. Sensor, and a less glare screen. When are they going to make a bigger ipad, something that is more of a pro version . In the supply chain, were are not picking that up right now. I would not expect that this fall. Eventually, i think that is going to happen. To your earlier comments, i think the ipad is still the troubled child. I do not see some of the
Revenues and boost user engagement. It will allow advertisers to upload video ads inside their tweets, similar to what facebook launched last year. Video can create a richer and more engaging user experience. Shares of candy crush maker king digital are getting crushed in afterhours trading this after they cut their yearly outlook and reported smaller than estimated gains in secondquarter revenue. They also announced a 150 million special dividend. Shares are down 4 since its march ipo. To the lead story former microsoft ceo Steve Ballmer has a new team to inspire the los angeles clippers. He is the official owner of the team paying a record 2 billion for it. This sale was completed after a California Court ruled that former owner Donald Sterlings wife shelley has the authority to sell the team without his consent. Joining me is trish regan who spoke with Steve Ballmer and was following this story all day long. Whats the latest . Its done thats the headline here. 3. 5 months after this
This as the company tries to get its customers excited about tablets again. They started manufacturing them just in time for the holiday season. A new full sized ipad could be unveiled as soon as this quarter and mini will be available by the end of the year. All of this according to familiar with the matter. It is a move to boost their business. Sales fell last quarter to 13. 3 million down 9 yearover year. I asked gene what apple can do to get customers excited about ipads again. It is probably not going to be that different from the existing ipad. They can add a touch i. D. Sensor, and a less glare screen. When are they going to make a bigger ipad, something that is more of a pro version . In the supply chain, were are not picking that up right now. I would not expect that this fall. Eventually, i think that is going to happen. To your earlier comments, i think the ipad is still the troubled child. I do not see some of the changes this fall being enough to get that business kick sta
A new full sized ipad could be unveiled as soon as this quarter and mini will be available by the end of the year. All of this according to familiar with the matter. It is a move to boost their business. Sales fell last quarter to 13. 3 million down 9 yearover year. I asked gene what apple can do to get customers excited about ipads again. It is probably not going to be that different from the existing ipad. They can add a touch i. D. Sensor, and a less glare screen. When are they going to make a bigger ipad, something that is more of a pro version . In the supply chain, were are not picking that up right now. I would not expect that this fall. Eventually, i think that is going to happen. To your earlier comments, i think the ipad is still the troubled child. I do not see some of the changes this fall being enough to get that business kick started. There are some other things going on could potentially get that going, as far as this fall, that is not going to be one of the focuses inve