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)

Vitol CEO Sees Oil Priced Between $40 - $60 For a Decade
02:22 - Oil prices will stay low for as long as 10 years as Chinese economic growth slows and the U.S. shale industry acts as a cap on any rally, according to the world’s largest independent oil-trading house. "It’s hard to see a dramatic price increase," Vitol Group BV Chief Executive Officer Ian Taylor told Bloomberg’s Ryan Chilcote in an interview, saying prices were likely to bounce around a band with a mid-point of $50 a barrel for the next decade. UBS Head of Global Asset Allocation Mads Pedersen joined Chilcote on set with Bloomberg’s Manus Cranny and Anna Edwards on “Countdown” for further analysis.
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