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Aug 18, 2019
08/19
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emily: viacom's ceo bob bakish there. coming up, softbank's massive vision fund makes its first ever energy storage bet. we find out what energy vault is with the ceo. next. this is bloomberg. ♪ emily: softbank's massive vision fund made its first ever energy storage that, investing in energy vault. this company stacks concrete blocks in a tower that can store and release energy. it is presenting the system as a bigger and more affordable solution to lithium batteries, claiming it can supply electricity to the grid 24 hours a day. to discuss what this means for the energy storage market, i sat down with the ceo. >> we've designed a very new, innovative system tower. it includes a six arm crane and 35,000 metric ton bricks that are all orchestrated and raised and lowered with a proprietary software stack, so that's the whole system integration. what we do is we take excess energy from solar or wind when it's produced and not needed. that energy is used to raise the blocks. and when the energy is needed by the grid, we lo
emily: viacom's ceo bob bakish there. coming up, softbank's massive vision fund makes its first ever energy storage bet. we find out what energy vault is with the ceo. next. this is bloomberg. ♪ emily: softbank's massive vision fund made its first ever energy storage that, investing in energy vault. this company stacks concrete blocks in a tower that can store and release energy. it is presenting the system as a bigger and more affordable solution to lithium batteries, claiming it can supply...
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Aug 18, 2019
08/19
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cbs and viacom finally inked a merger deal. we will talk to viacom's ceo about synergies and the road ahead. what slowing economy? chinese online retailer alibaba defies the slowdown amidst a trade war with sales surpassing expectations. first to our top story, it was a big week for tech ipo's with fleet work and cloudflare filing to go public. the web security company cloudflare has been in the news lately, given its relationship with controversial message board, 8chan. three alleged gunman posted manifestoes on 8chan before three separate mass shootings in the united states. cloudflare stop providing services after the latest shooting in el paso, left two dozen dead, largely taking the platform off-line. so, is now the time to go public for cloudflare? i discussed it with liliana baker and will curtain. >> like many other tech ipo's, especially in software, it is not profitable. it has a pretty good growth rate though. it's really trying to look at its competitor, fastly. fastly went public earlier this year and is doing ok.
cbs and viacom finally inked a merger deal. we will talk to viacom's ceo about synergies and the road ahead. what slowing economy? chinese online retailer alibaba defies the slowdown amidst a trade war with sales surpassing expectations. first to our top story, it was a big week for tech ipo's with fleet work and cloudflare filing to go public. the web security company cloudflare has been in the news lately, given its relationship with controversial message board, 8chan. three alleged gunman...
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Aug 14, 2019
08/19
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first of all, viacom. cbs is buying viacom for some cbs stock. both companies are downing the premarket. this has been expect it for some time. the question is not so much will they get together, but what they do with the company wants to get together because it is a really tough business. taylor: here's what arguably they should do, is may be spend to keep up with their big competitors. we talk about scale, but scale means big scale, big spending. you have to not only look at the savings, but the expenses. david: a lot of content is what they need. taylor: the other story is all about the wework ipo. we did get the filing they may just in the last hour or so. valuationout wework's , still about $47 billion or so, valued high growth like a tech company, but that are served -- but there are some questions. they do have an all-male board. most companies are actually going to transition to a little more diversity. but not quite yet, as we work is showing us. they are giving us some big disclosures about the company to avoid any conflict of interest
first of all, viacom. cbs is buying viacom for some cbs stock. both companies are downing the premarket. this has been expect it for some time. the question is not so much will they get together, but what they do with the company wants to get together because it is a really tough business. taylor: here's what arguably they should do, is may be spend to keep up with their big competitors. we talk about scale, but scale means big scale, big spending. you have to not only look at the savings, but...
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Aug 13, 2019
08/19
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viacom shareholders not getting much of a premium. last year they did agree on a higher ratio, but that was based on management teams then. a few things have changed. viacom will argue that they've gotten stronger since then. then tong its ceo since a slew of sexual harassment allegations. what cbsalk me through and viacom get from this merger. >> the big thing they get is scale. that is the buzzword in media these days, especially when they're trying to compete against the netflix of this world. netflix is spending more than $13 billion in its programming. it is difficult to compete with players like that. cbs and viacom will be combining paramount studios, nickelodeon, ,bs all access, cbs networks the number one most-watched tv network in america. number ones the network in america. at the same time, paramount studios has been having a tough time. even nickelodeon has been struggling. does it compare with the disneys of the world? is the big>> that hope that this gives the company is a chance to compete with the disneys of the world
viacom shareholders not getting much of a premium. last year they did agree on a higher ratio, but that was based on management teams then. a few things have changed. viacom will argue that they've gotten stronger since then. then tong its ceo since a slew of sexual harassment allegations. what cbsalk me through and viacom get from this merger. >> the big thing they get is scale. that is the buzzword in media these days, especially when they're trying to compete against the netflix of...
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Aug 5, 2019
08/19
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cbs and viacom. we know what their earns are but we would know who would manage the company if they happen to merge. the head of viacom will be the c.e.o. the head of cbs will run the cbs part of the assets and we know the c.f.o. will be the cbs person. they're not saying they're merging but just in case, they've got a plan. alix: maybe if something comes up, they might have a plan. tyson foods out with earnings. delivered pretty strongly. they beat on the bottom line, they also came in right above their expectation. estimates for the top line as well. and the big takeaway for me is that the best could be yet to come. you have the african swine flu decimating the hog population in china in theory for the guys like tyson, they have car gill. this is going to be very good for them going forward because it's going to be a huge lack of supply of protein like chicken and beef that they will have to send over to china. and you will have a huge lack of supply. that's not happening yet but it will be a big b
cbs and viacom. we know what their earns are but we would know who would manage the company if they happen to merge. the head of viacom will be the c.e.o. the head of cbs will run the cbs part of the assets and we know the c.f.o. will be the cbs person. they're not saying they're merging but just in case, they've got a plan. alix: maybe if something comes up, they might have a plan. tyson foods out with earnings. delivered pretty strongly. they beat on the bottom line, they also came in right...