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Turned a has not profit and is losing more money than it is making. With me is our tech editor ari leavy as well as leslie picker in new york. Skype is thea director of a financial resource company. Francis, what is your top line take on these numbers . I look to a lot of the Cloud Companies focused on enterprise software. I look at the Quarterly Earnings , loss, and sales. For the most recent quarter, they had less than 40 million in revenue. Their loss was more than 40 million. They are riding the wave of the Cloud Company hysteria. I think it is premature. I did speak to aaron leavy, the ce...

We could see a meaningful selloff. Wonder if were not waiting for facebook and apple to kind of give some juice to some areas where people have concerns. Exactly. They will definitely have an impact on the market. Plus, were almost waiting, awaiting billionaire investor Warren Buffett to sit down live with our becky quick in new york city. This will be his first Public Comments about activist investor david win theers who has been critical of mr. Buffet and cocacola over executive compensation issues so stay tuned for that first on cnbc interview. Its the end of this luncheon that he hosts eve...

The Labor Department reportling the economy created 160,000 new jobs in the month of august, slightly below expectations. The Unemployment Rate still fell to 3. 7 , the lowest since december of 2008. But the decline came mostly because fewer americans are actually looking for work. The number of jobs created for the few previous months revised downward as well. The holidayshortened week saw light volume. The dow up 90 points on wednesday on strong auto sales. The s p 500 and nasdaq having their best days in almost two weeks. The u. S. Auto sales had great numbers in august. Ford and chrysler w...

The Labor Department reportling the economy created 160,000 new jobs in the month of august, slightly below expectations. The Unemployment Rate still fell to 3. 7 , the lowest since december of 2008. But the decline came mostly because fewer americans are actually looking for work. The number of jobs created for the few previous months revised downward as well. The holidayshortened week saw light volume. The dow up 90 points on wednesday on strong auto sales. The s p 500 and nasdaq having their best days in almost two weeks. The u. S. Auto sales had great numbers in august. Ford and chrysler w...

The rulers of the world are logging into outrage, as the gravy trains of billionaire Digital Darth Vaders take on millions of clueless passengers on their digital platforms. There is nothing like a free lunch as Google and Facebook are finding out from Australia’s pushy prime minister Scott Morrison who has lassoed in India’s Narendra Modi to take a stand against Zuckerberg and Co —news brokers who line their pockets without paying for what they sell. This is no kangaroo court. Australia recently woke up to the fact that the indomitable Internet giants have been picking its pockets for ...