Turning independent contractors into fulltime employees. We have the ceo ahead on bloomberg west. Earnings have just come out. This is a chinese Search Engine giant out with secondorder results, and i want to get julie hyman, our Senior Market correspondent. Taking a look at the headlines. Obviously there is a big focus on margins and a picnic to mobile. What are you seeing . Julie first of all, the headline margin for adjusting earnings adjusted earnings is seven cents short of what analysts had been anticipating. Revenue rose about 38 , coming in right in line with what had been anticipating, and it looks like the company is coming out with a forecast for thirdquarter sales but that is below what analysts were anticipating. Seeing an initial decline. You mentioned what is going on with mobile. The company says its mobile search monthly active users 629 , million for the month of june itself, an increase of 24 yearoveryear. Monthly active users up 48 , so i am still looking at the exa
With Muslim Leaders run the world. Powered by 2600 journalists and analysts in 120 countries. This is bloomberg. Bloomberg technology is next. Emily coming up, big media comes up small on and revenue in the First Quarter. Our roundtable discussion. Plus, banking on britain. Whyred ceo sarah frier on the payment of any circles the u. K. As its starting point of european expansion. Two of the worlds biggest retailers prepare for digital war. Acquisition spree may be the mlt takedown amazon. Media companies are getting clobbered with ad revenue emerging as a trend. Cbs reported its results after the bell, revenue totaling 3. 4 billion. That is a beat. Still the fear of core cutting is intensifying. Paytv subscribers are moving online. Lets break down cbs first. How are they bucking or reinforcing some of these trends . Cbs had pretty good numbers today. They beat on the bottom and top line. When you strip out the super bowl and other top line items, they say that revenue was down just sli
With Muslim Leaders run the world. Powered by 2600 journalists and analysts in 120 countries. This is bloomberg. Bloomberg technology is next. Emily coming up, big media comes up small on and revenue in the First Quarter. Our roundtable discussion. Plus, banking on britain. Whyred ceo sarah frier on the payment of any circles the u. K. As its starting point of european expansion. Two of the worlds biggest retailers prepare for digital war. Acquisition spree may be the mlt takedown amazon. Media companies are getting clobbered with ad revenue emerging as a trend. Cbs reported its results after the bell, revenue totaling 3. 4 billion. That is a beat. Still the fear of core cutting is intensifying. Paytv subscribers are moving online. Lets break down cbs first. How are they bucking or reinforcing some of these trends . Cbs had pretty good numbers today. They beat on the bottom and top line. When you strip out the super bowl and other top line items, they say that revenue was down just sli
Olympic leaders that will help them post the summer games. Global news in more than 120 countries. This is bloomberg, and bloomberg technology. Is next. Emily im emily chang. This is bloomberg technology. Softbanks and game. Another run at the u. S. Cable market with a direct offer for charter. Why the move to acquire americas secondbiggest Cable Company is the billionaires most ambitious target. The model three kicks off a new era in electric cars. Will tesla deliver . We look ahead to teslas Earnings Report. All bets are on after 400 million shares of snap hit the market. A look at the lockup expiration of that investors have had their opportunity to sell. The turmoil continues in washington. Anthony scaramucci has been removed from his new job as White House Communications director just 10 days after he joined president s staff. The white house said, mr. Scaramucci felt it was best to give john kelly a clean slate and the ability to build his own team. Sarah Huckabee Sanders mented