Facebook Unveils Instagram Video Feature
June 20 (Bloomberg) -- Kevin Systrom, co-founder of Facebook Inc.'s Instagram photo-sharing application, speaks about the addition of video to the service. Systrom speaks at Facebook's headquarters in Menlo Park, California. (This is an excerpt. Video courtesy of Facebook Inc. Source: Bloomberg)
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Balancing Low Rates and a Strong U.S. Economy Outlook
00:07 - Hedge funds are facing the most challenging time Tiger Management’s Julian Robertson said he’s seen in an investing career spanning several decades, and the industry pioneer cautioned that their days of charging hefty fees may be over. Robertson, who founded Tiger in 1980 and turned it into one of the world’s largest hedge funds, said ultra-low interest rates and swollen stock-market valuations are crimping returns for the managers, whose portfolios are designed to outperform during a downturn. Coutts & Company Chief Investment Officer Alan Higgins discusses the outlook for hedge funds and low interest rates from the BOJ with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."