Zynga COO Steps Down; Mayer Hits Reset at Yahoo

Aug. 9 (Bloomberg) -- (CORRECTION: A previous version of this video included a headline which incorrectly identified Mr. Schappert as Zynga's CEO. A correction has been made to identify him as the company's former Chief Operating Officer.) NewYorker.com Editor Nick Thompson discusses Zynga COO John Schappert's resignation and his leaving the board after he was stripped of some responsibilities at the company. He also discusses Yahoo! on Bloomberg Television's "In The Loop." (Source: Bloomberg)
Is There Enough U.S. Inflation for Fed to Raise Rates?
03:25 - Federal Reserve Chair Janet Yellen said she still expects to raise interest rates this year if the economy meets her forecasts, with a gradual pace of tightening to follow. Bloomberg Intelligence's Josh Wright and Bloomberg's Peter Cook report on “Bloomberg Markets.” (Source: Bloomberg)
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