Investors wonder if jpmorgan or softbank will rescue the company. And cryptocurrency crusader. Facebooks david marcus sits down with us to talk about the embattled libra Digital Currency project as well as regulatory hurdles. Tech earnings started in earnest this week with netflix being one of the most highly anticipated. The streaming giant impressed wall street amidst stiffer competition. Growth contributed to a positive report despite u. S. Subscribers falling short. Revenue climbed 31 to 5. 2 billion. I dug into the details with bloombergs lucas shaw. I think this story is that investors were clearly worried netflix would have another bad quarter. They disappointed in the second, they added a few million customers fewer than expected, and investors expected another bad one. One i spoke to said that sentiment was awful. Yet they come in right around expectations. They missed in the u. S. , but they were above internationally and that is where they have been telling people for years
s, 226. The Prime Minister must comply with the law. He can no longer used the threat of a no deal crash out to black male members to support his sellout deal. I will not negotiate a delay with the eu. And neither does the law compel me to do so. Welcome to Bloomberg Television from the city of london. We have been bringing you updates regarding the u. K. Political scene after the latest brexit headlines have come out. Saturday, the u. K. Parliament held a special session. Boriss newly minted deal did not make it to a vote. Thats why we are gearing up for a critical week and brexit and we could see the vote as soon as tomorrow. Lets look at how the fx market is trading after this, the pound 129ing softer than friday,. 84 on fridays close. It seems like traders need to start pricing in uncertainty regarding brexit. On the longerterm basis, analysts are bullish. Drop may be as buying opportunity. Longterm, everyone seems bullish. They think the eu will allow for the extension. What we ne
Company. And cryptocurrency crusader. David marcus sits down with us to talk about the embattled libra Digital Currency project as well as regulatory hurdles. Earnings started in earnest this week with netflix being one of the most highly anticipated. The streaming giant impressed wall street amidst stiff competition. An growth contributed to a positive report despite u. S. Subscribers falling short. Revenue climbed to 5. 2 billion. I dug into the details with bloombergs lucas shaw. Investorsry is that were clearly worried netflix would have another backorder. Another backorder. They added a few million customers your than an spect it investors expected another bad one. One i spoke to said that sentiment was awful. Yet they come in right around expectations. They missed in the u. S. But they were above internationally and that is where they have been telling people for years their future is. Its a sign of where netflix is going. While they will have one of their worst years in the u. S
President joins me. His new venture. Lets Consumer Shop at home. And, the head of colibra, david marcus, joins us for an exclusive interview. We will hear from him live. First, our top story. Wework continues to captivate wall street and investors. Exploring options for easing weworks cash crunch. News trickled out that the Coworking Company lost its comedic asians officer who resigned last week. With more on the continued turmoil at wework is bloombergs leona baker who has been covering all the facets of the story. Talk to me about the softbank side of this. They are hiring some bankers with the restructuring. What are they hoping to get . It doesnt seem like there is an investment banker right now who is not on the wework situation. We have two new ones hired today. Softbank is working with houlihan lokey, restructuring specialists. Invested 10 billion in we work over the past two years. They want to make sure that the assets are ok, that they understand where the leases are, what is
anniversary of taking hong kong back from britain and claims the territory now has true democracy. ukrainian officials say at least 19 people have been killed by russian missile strikes in and around the city of odesa. more than a million people are expected to take to the streets of london this weekend for pride as the lgbt+ community marks 50 years since the first march. good afternoon. borisjohnson is facing calls to suspend one of his mps who s alleged to have groped two men. chris pincher resigned as deputy chief whip after admitting he had drunk far too much at the carlton club, the conservative party members club in london. labour have questioned why he s being allowed to sit as a tory mp. they say it shows the conservative party is mired in sleaze and scandal. our political correspondent iain watson reports. are you drowning in sleaze? after striding the world stage, borisjohnson is back in britain and the spotlight has moved on to problems in his party, one