Hulk hogan in multiple cases against gawker. But first, new alliances forged between traditional automakers and the ride hailing challengers. The news comes as a car industry braces for change, especially when it comes to the future of car ownership. By investing in the main players, the biggest car brands are hoping to secure a place in the future. This week toyota tied up with uber and vw took a stake in gett. Here we take a look across the space to see who is leading the pack. Carmakers are choosing sides in the ride hailing wars, this week alone volkswagen invested 300 million in gett and toyota committed an undisclosed amount to uber with plans to get into the car leasing game. In january, General Motors took a 500 million stake in lyft and lets not forget apples billion dollar bet on didi. With traditional Card Companies Car Companies looking for a piece of the pie, which are leading the pack . Fueled by mega funding, uber may get all of the headlines, but lyft is taking on a muc
Nvolved and i think and federal inquiries. Russia is including Maria Sharapova that. Its a very interesting thing. During the trial we learned some interesting things of what went on behind the scenes. There were negotiations between larry elson and larry page, discussions about that, in the very early days, we are seeing in the picture, there was kind of hilarious comments, she approached one of the google people. We are a new kind of company, we dont adhere to the old rules. She said to them, how about the shalt not , thou steal, thats an old rule. That got some laughs in the courtroom even from the judge that didnt seem to favor oracle in this trial. Its an interesting case. One of the things we found during the trial, when oracle bought sun, they assigned a big dollar value to the java licenses and potential java uses. So people look at that deal and wonder why did they pay so much money for sun . Java was great value to them, the value they expected to get out of java they may nev
Nothing should get in the way of the things you love. Get americas fastest internet. Only from xfinity. Television. Lets get straight to the bloomberg first world words. Falling for the night stay in a row, its longest losing streak in a year. The dollar has strengthened against all of its major peers. This is after janet yellen said on friday that an Interest Rate increase is likely. Japanese shares rose, while chinese retreated. Bonds are closed worldwide monday. The yen has sunk to a one month low against the dollar and japanese shares are set for thei r highest close since may. Growth stalled in april, increasing the likelihood of a delay. European truck maters, including volvo, will face the biggest cut in european history. The penalty could be imposed within weeks. Thepaper reports that charges relate to ris pricefixing. Group. Has quit the thecompany has accepted resignation. Noble shares have plunged 60 in the last year, what questions about the Accounting Practices during the
Peter thiel strikes back, we will bring you the full story on how he has been secretly funding hulk hogan in multiple cases against gawker. But first, this week saw new alliances forged between traditional automakers and the right hailing challengers. The news comes as a car industry braces for change, especially when it comes to the future of car ownership. By investing in the main players in the space, the worlds biggest car brands are hoping to secure a place in the future. Toyota tied up with uber and vw took a stake in get. We take a look across the ridehailing space to see who is leading the pack. Carmakers are choosing sides in the right hailing wars, this week alone volkswagen invested 300 million in get and toyota committed an undisclosed amount to uber with plans to get into the car leasing game. In january, General Motors today 500 million stake in lyft and , lets not forget apples billion dollar bet on didi. Which of the red which of the right halos are leading the pack . F
Active investing wont take a backseat to passive investing. Hell tell us why. Netflix shares up nearly 2 today. Lets start with apples runup today. Bertha coombs keeping an eye on the rally. Bertha . Its the first time we can say apple has been up three days in a row and up sharply on really strong volume, which suggests that people are buying here with conviction, first time in an awful long time. Todays move putting apple at one of the highs of the year. Right now it looks like maybe the highest going back almost to january. Certainly a sixmonth high. And also it puts apples market cap back above 600 billion after having lagged throughout the year with those really low expectations for iphone 7, those positive comments coming out notwithstanding the controversy over getting rid of the headphone jack really helping to move the stock. Right now its outperforming the overall market even when you start looking year to date. Thats been the first time we can say that for apple in an awful