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June 23, 2024
Features in the battle for eyeballs and online gamers. First though, to our lead. Ibms thirdquarter results, the company saying it turned a 3 billion profit, but revenue was down 14 . This is the 14th straight quarter of yearly decline. Big blue missing wall street estimates on the sales side as it struggles to turn the business around. To refocus on cloud, security, analytics. Ibm reduced its fullyear earnings per share guidance. Joining me now here in the studio is tom giles. It does not look ...
June 23, 2024
He was he was krzyzewski before krzyzewski. Sir Alex Ferguson shares his secrets to successful leadership. Indeed. But we do begin with that biggest tech deal of all time with dell buying data storage and security giant emc for 67 billion. The ceos of both companies on cnbc speaking about what this merger means for them and for investors. But this mega deal also raises questions about who is going to be next. I hope youve been doing some digging and you have some answers for us josh lipton in sa...
June 23, 2024
Accepted a sweetened offer. China cracking down on peertopeer platforms. Theyre vowing to cleanse the market. The platform should serve as an intermediary. Says theys the pboc are strengthening oversight of online payment firms. Kong,e of markets, hong shanghai, swinging back into gains. Gains in some parts of the region today. Those are your top headlines. This is bloomberg west. Cori im in for emily chang. Mark zuckerberg fires back at his critics about expanding Internet Access in india. tis ...
June 23, 2024
Joining me today is sir michael moritz. Europe wrote this book with another sir, alex ferguson. He is one of the most revered names and football. What true you to this project as a tech investor . Michael as a young boy and started to follow them and i followed them through the years. Working in Silicon Valley to build sequoia, i was very curious about organizations that had succeeded for very long time and performed at an extremely and particularly those organizations that had been run by one i...
June 23, 2024
They believe that at least three people opened fired using long guns. They do not know what type. The most scary thing right now is that these people are still at large. However many shooters there were, they got away. Perhaps in a car darkcolored suv. What are you worried about the potentl motives or suspects . They cannot know whether this was connected to terrorism or not, only time will tell. What the police chief in San Bernardino did say is that these people came prepared. They had long gu...
June 23, 2024
Hello. Im betty liu. This is bloomberg best. Lets begin with a day by day review of the weeks top stories. Starting on when the imf welcome monday, the chinese currency. Inclusion ofon and it in the basket of currencies is a recognition of the significant reforms which have been conducted, of the opening up of the chinese economy, of the financial, more marketdriven principles that are being used by the chinese authorities going forward. Shortterm it doesnt mean a lot. To put things in perspecti...
June 23, 2024
Shares already down 37 this year. Sources telling us group or uber is seeking a new finance round. A quick look at the markets. Hong kong and china closed for lunch. This is a picture for singapore, tokyo, and mumbai. Nikkei up by over 2 . I am back at the bottom of the hour. Emily im emily chang and this is bloomberg west. Uber shifts into high gear with a new funding round. A closer look at Mark Zuckerbergs decision to donate nearly all of his facebook shares. Yahoo has acquired over 40 compan...
June 23, 2024
Strength, but the weakness of the rest of the field, the fact that no one in the party yet has figured out a way to bring him back to earth. I always thought trump would have appeal within the party, but i thought someone would step forward and figure out how to engage in a way that would take him down. John i would say that trump costs strength, the trumps strength, the dynamic with which he says more and more preventively provocative things offensively provocative things, that he could say som...
June 23, 2024
April 2017. Fuel can he manned is falling in japan because of falling population and shrinking fuel eeds for cars. Niqlo domestic sales drop. Say warmer prices led people to buy less winter hang sheng and the hangsen down less than half a . m back in half an hour. i ¿emily i am emily chang and you are watching bloomberg west. Coming up, yahoos board meets as the Company Continues to flounder and Marisa Meyers tries to fend off activist investors. And outgoing shutterfly executive joins me for a...
June 23, 2024
Betty hello. Im betty liu. Welcome to bloomberg best. A weekly look at the most news around the world. Lets begin with a day by day review of the weeks top stories. Starting on monday, when the imf welcomed the chinese currency. The inclusion of the rmb is recognition of the significant reforms, which have been conducted. Of the significant opening up of the chinese economy, of the financial, more marketdriven principles that are being used by the chinese authorities going forward. Shortterm it ...