Billionaire media battle: WSJ's Rupert Murdoch vs Facebook's Mark Zuckerberg
Stocks (^DJI, ^GSPC, ^IXIC) are flat at the midday mark after three solid days of rallying. Utilities (XLU) are leading, with energy (XLE) in the red, being dragged down by crude oil. Keith Bliss of Cuttone & Co. joins us live from the New York Stock Exchange.
To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance editor-in-chief Andy Serwer and Yahoo Tech founder David Pogue.
The WSJ is playing it safe
The Wall Street Journal is watching its step when it comes to Facebook. While some publisher’s post their content directly to Facebook, the Journal only offers its technology stories. News Corp, which owns the Journal, says it refuses to “mortgage our future for the latest … seductive feature.” At what point can we see a power shift to Facebook controlling media outlets?
A Pokemon workout
Could Pokemon Go be the secret fitness tool parents are looking for? Parents say their kids are walking, running and biking up to 10 miles a day to find Pokemon. Could the problem of too much technology and not enough exercise be fixed by technology?
Dude, where’s my drone?
Don’t look now. You might just see a runaway drone. While the technology is being used to deliver everything from packages to ice cream at the beach, some drones are vanishing without a trace.