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Tech takedown. President trump signing an executive order effectively banning tiktok from operating here in the u. S. The order goes into effect in 45 days unless those apps are sold by their Chinese Companies 35 billion off wechat overnight in hong kong this is a nearly 700 billion company. Perhaps more surprising that its been able to fly under the radar for so long. A ban could get very messy because tencent is far more intertwined with American Business than tiktok theres the sheer scale of tence tencent. Fallout could touch sports to. Tencurre tencent has a deal with the nba to stream gam...

Information from dan is taking these new positions in the Second Quarter according to his quarterly letter in disney, amazon, alibaba. Well focus on disney first and foremost josh, i just got off phone with dan who told me the following about why they initiated this position he said theres no close second to disney when it comes to an entertainment company. He says they have slate of tent poll releases. We know the titles they have he said some of the commentary,s the narrative of how disney plus is being thought of in the context with netflix its not a winner take all environment. They have t...

Takeout and eating on the couch this is an interesting situation. Mike thinks uber could be the way to go. It is time to risk less and make more options action starts right now. We begin tonight with breaking news. Get right to julia boorstin. Julia . James murdoch resigning from the news corp. Board of directors with a letter to the board saying that his resignation is due to disagreements of content by the Companies News outlets and other decisions. Thats in his letter that is submitted to the board included in the s. E. C. Filing notable move and speaks to the split within that Murdoch Fami...

Record death tolls. Florida, texas, South Carolina have flipped roles with new york which back in march was the covid capital of the world. One of the new york stars of the netflix dockuseries pandemic is here. Hes responsible for the Pandemic Response for all of new york citys hospitals. She will tell us what lessons she learned during the darkest moments and how overwhelmed hospitals in the new hot spots can gain control. Speaking of netflix, the streaming media leader Tiger King Crown a bit dented while shares are up off session lows. Its guidance disappointed investors. What does the first...

Billion market mystery thats how much facebook added in market cap today. The reason not entirely clear many pointing to the launch of reels, the answer to tiktok. We should point out that news was out yesterday morning. Facebook shares today surged 6 to a new alltime high so guy, whats your take on this move well, i have no idea why it moved like this. Id be lying if i said i had an answer i will give credit to karen because shes been on this something we said, you go back to the middle of june. I remember this when rei, north face, patagonia came out and said they were pulling their ads for ...