Tech Today: Qualcomm Warns, Downgrading Amazon, Debating WDC

Here are some things going on today in your world of tech: Shares of Hadoop software vendor Cloudera (CLDR) are set to open for their first day of trading any moment now, after the company priced the deal at $15, above a prior range of $12 to $14. Shares of Qualcomm (QCOM) are down $1.69, or 3%, at $51.52, after the company this morning slashed half a billion dollars from its outlook for this quarter, saying Apple (AAPL) continues to interfere with royalty payments the company is owed, and will continue to do so during the legal dispute between the two. Speaking of litigation, chip equipment maker ASML Holding NV (ASML) fired its counter-shot at Japan’s Nikon (7731JP), which filed suit against ASML on Monday, and against ASML's supplier, Germany’s Carl Zeiss SMT GmbH, for infringing on Continue reading "Tech Today: Qualcomm Warns, Downgrading Amazon, Debating WDC"

Trade, Jobs, and Inequality (Video)

Participants: Paul Krugman, Nobel Prize-winning economist, New York Times columnist, and distinguished professor at the Graduate Center. David Autor, leading labor economist; professor at MIT, where he directs the School Effectiveness and Inequality Initiative; and editor in chief of the Journal of Economic Perspectives. Brad DeLong, economics professor at U.C. Berkeley; weblogger for the Washington Center for Equitable Growth; and former U.S. deputy assistant secretary of the treasury, in the Clinton administration. Anne Harrison, professor at the Wharton School, University of Pennsylvania; former director of development policy at the World Bank; and author of Globalization and Poverty.

Bloomberg on 60 Minutes

So far, Bloomberg has given away $5B to causes that often dovetail with his political interests, like gun control and the environment. The ex-mayor of NYC would have bankrolled a 2016 presidential campaign if he thought he had a “reasonable chance” of getting elected. Who would have been his running mate? Retired Navy Adm. Mike… Read More The post Bloomberg on 60 Minutes appeared first on The Big Picture.

Why Bill O’Reilly Was Fired

  Sexual harassment allegations in 2004 failed to bring down the biggest star in conservative television. So why couldn’t Bill O’Reilly survive more accusations in 2017? CNN’s Tom Kludt dives into the changes, both inside and outside the halls of Fox News, that led to O’Reilly’s downfall.   This is why Bill O’Reilly was fired… Read More The post Why Bill O’Reilly Was Fired appeared first on The Big Picture.

Gates on Trump

Billionaire philanthropist Bill Gates says he’s counting on Donald Trump’s pragmatism when it comes to the president’s policies on health spending and foreign aid. “I’ve talked to him about HIV and how the U.S. should be proud of our work there,” Gates said in an interview with Bloomberg Television’s Manus Cranny in Geneva, less than… Read More The post Gates on Trump appeared first on The Big Picture.