Well look back on the end of black and White Television 50 years ago. And louise has the weather. Good morning. Its a chilly start in the far north of the country but not a bad weekend in prospect. Mostly dry with decent sunny spells. More throughout the morning. Good morning. First, our main story. Kensington and Chelsea Council is facing more criticism over its handling of the Grenfell Tower fire. The mayor of london, sadiq khan, is calling for commissioners to be brought in to take over the running of the authority, which he says is not fit for purpose. The Council Leader, Nicholas Paget brown, and his deputy, both resigned yesterday. Simonjones reports. After angry protests at the Council Offices and after a meeting of the council was cut short following an attempt to ban the public and press. Reporter were you pressured by number 10 to resign . The pressure for the leader got too great. This is a huge Human Tragedy for so many families. The task for my successor is to ensure that
Well look back on the end of black and White Television 50 years ago. And louise has the weather. Good morning. Its a chilly start in the far north of the country but not a bad weekend in prospect. Mostly dry with decent sunny spells. More throughout the morning. Good morning. First, our main story. Kensington and Chelsea Council is facing more criticism over its handling of the Grenfell Tower fire. The mayor of london, sadiq khan, is calling for commissioners to be brought in to take over the running of the authority, which he says is not fit for purpose. The Council Leader, Nicholas Paget brown, and his deputy, both resigned yesterday. Simonjones reports. After angry protests at the Council Offices and after a meeting of the council was cut short following an attempt to ban the public and press. Reporter were you pressured by number 10 to resign . The pressure for the leader got too great. This is a huge Human Tragedy for so many families. The task for my successor is to ensure that
Pentagon was not taken by surprise when north korea fired off that missile on july 4. Global news 24 hours a day powered by more than 2700 journalists and analysts in 120tries in countries. I am Alisa Parenti and this is bloomberg and Bloomberg Technology is next. Caroline im Caroline Hyde in london in for emily chang. This is Bloomberg Technology. Coming up, the bloodbath at microsoft as the Software Giant thes its full attention to clouds. While thousands of employees are out of work. Plus, the investors banking on britain to keep its title and bragging rights of europes leading tech hub. Are pumping billions into londons Technology Sector despite brexit. In battle the cofounder resignation and downward spiral or the chinese tycoons plea for more time to reap high and his focused on electric cars. To our lead. A major reshuffling going on at microsoft. The tech giant confirmed it is cutting thousands of jobs. The number of jobs ranges from 30005 thousand and most of those jobs in sal
Pentagon was not taken by surprise when north korea fired off that missile on july 4. Global news 24 hours a day powered by more than 2700 journalists and analysts in 120tries in countries. I am Alisa Parenti and this is bloomberg and Bloomberg Technology is next. Caroline im Caroline Hyde in london in for emily chang. This is Bloomberg Technology. Coming up, the bloodbath at microsoft as the Software Giant thes its full attention to clouds. While thousands of employees are out of work. Plus, the investors banking on britain to keep its title and bragging rights of europes leading tech hub. Are pumping billions into londons Technology Sector despite brexit. In battle the cofounder resignation and downward spiral or the chinese tycoons plea for more time to reap high and his focused on electric cars. To our lead. A major reshuffling going on at microsoft. The tech giant confirmed it is cutting thousands of jobs. The number of jobs ranges from 30005 thousand and most of those jobs in sal
Rivals. Just as the model 3 hits the road, why have the sales shifted down again at tesla. A massive deal in the Digital Payment space. Pay is being bought for 9. 9 billion. This comes after j. P. Morgan showed interest, but backed away. The u. S. Credit card processor hopes to gain greater exposure to ecommerce retailers and Small Businesses through this acquisition. Cory johnson and his partner at index ventures joined us for reaction at to deal. Cory this is a fascinating company. It is based in cincinnati, ohio. Why cincinnati, ohio . Whats interesting to spin off from this tells you the history of the business of payment transaction and what is happening is the way this business works, when you use your credit card in a store they , find it if youve got the money in your bank account and they approve the credit or not. There are a number of steps that happen behind the scenes. Each of those steps takes a different chunk. You get the verification from the merchant and the movement