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Cryptocurrency. And as big tech races to control your living room, we will hear from the brain behind amazons alexa. First, to our lead. After Senate Republicans passed their version of tax reform in the u. S. , we spent the week exploring the ways the proposed legislation could affect the tech industry. Take a listen. It was a round of applause on capitol hill for gop senators as they passed their version of a tax bill. Pushing the Trump Administration closer to its first piece of signature leg...

A bowl in this market as well, as it has been for much of the year. It looks like investors are pricing in a high likelihood that the tax bill is going to get past, after some back and forth regarding senator marco rubios vote today. We learned that it sounds like concessions to what he would have happened on the tax credit is getting into the bill. The index isof touched major intraday records today. It is outpacing the gains we are seeing in the major averages today. Thats get a temperature on...

This is Bloomberg Markets middle east. Im yousef gamal eldin. What a week we have had off the back of the fed decision, and a dozen Central Banks around the world. Here is how the u. S. Equity session closed off. The s p index, dow jones, nasdaq. This is on optimism about the proposed u. S. Tax overhaul. Theres also a lot more volatility, 74 higher volumes than the daily average. Theres another event feeding into this, quadruple switching. It happens every quarter, futures and options on indices...

Someone tried to steal those shoes, and there was a fight, there was gunfire, and 17yearold James Anthony smith ended up dead. Today i talked to his mom. She said she last saw her son alive yesterday afternoon. He said, ill be back, ma, i love you. Reporter thats the last you saw him there . Thats the last time i saw him. Reporter here at your job 4 00 yesterday afternoon . 4 00 yesterday afternoon. Reporter now hes gone. Hes gone. Reporter it has to be tearing you apart. It tares tears me apart...

Pyongyang attack. Pyongyang has dismissed those allegations. Global news 24 hours a day powered by more than 2700 journalists and analysts. This is bloomberg. Bloomberg technology is next. Im emily chang and this is Bloomberg Technology. After a killer year for tech stocks, will the sector become a victim of its own success . Cryptocurrency is fueling record gains of littleknown companies. Victim of its own success . We will discuss. Amazon can outdo its own monster year. While americas ecommerc...

No major hot spots. Bay bridge wb 80 is less then 30 min from the maze to sf. james happening now. Berkely police are investigating a hit and run that happened at the 3100 block of san pablo avenue. Police say a car hit a pedestrian and then took off last night. The victim was taken to the hospital with multiple injuries. There is no word on the victims condition this morning. Traffic investigators are still at the scene. darya caltrans is dedicating millions of dollars to fight freeway shooting...

Rodney has informed the gop leaders he opposes the bill. A u. S. Official tells the ap investigators are examining whether an amtrak engineer was distracted when the train derailed yesterday, killing three people and sending cars off an overpass. Investigators are looking into whether the engineer lost situational awareness. The Trump Administration is blaming north korean hackers of last years malware attack. Pyongyang has dismissed those allegations. Global news 24 hours a day, powered by 2700...

Second largest in california history. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im alisa parenti, this is bloomberg. Bloomberg technology with emily chang is next. Emily im emily chang and this is bloomberg technology. Coming up, well take a look at a big year in consumer tech. What worked, what did not and what is worth your money . Plus, we discussed facebooks role on the platform for clinical propaganda. Is the social network o...

Of a percentage point. The hang seng was up by 0. 4 shanghai composite was up 0. 4 in europe in some early trading that were seeing, we are looking at a mixed picture slight declines in germany and in france. The ftse is up by a quarter percentage point gains in italy and in spain as well finally crude oil prices, which were up by 50 cents yesterday, they have given back some of those gains. We are talk about crude oil below 58 a barrel a couple stories were watching, bombardier said it is confi...

Want to use momentum from their tax bill victory to take on welfare. Paul ryan says 2018 is a chance as a chance to reshape the safety net for the poor and disabled. He also wants to change food stamps and medicaid programs. In Southern California firefighters doused hotspots. ,winds increased that could whip up embers and flareups. A huge fire still smoldering northwest of los angeles. Officials say the blazes 60 contained and now the second largest in california history. Global news 24 hours a...