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Grappling with the water crisis there since 2014. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Is next. Technology caroline im caroline hyde, this is Bloomberg Technology. Alibaba leads the charge. How the bets on content and the cloud is paying off for chinas ecommerce giant. S p. T highs for the we will break down what stocks are leading the game. The verizonyahoo deal is still in play, but now going into overtime. We will look into potential impacts on the acquisition of the verizons worst gov...

Good morning. All right good morning, everyone, this meeting will come to order, this is the regular meeting of the budget and finance committee im comen chair of this committee and to my left is supervisor katie tang and norman yee will be joining us shortly and our clerk is miss linda wong and recognize our friends at sfgtv who are assisting us with this broadcast this morning. Madam clerk, do we have any announcements . Yes, silence all cell phones and Electronic Devices and completed speaker phones and documents to be included as part of the file should be submitted to the clerk, items act...

First Abigail Doolittle tells us everything going on in the markets. Small small gains for the nasdaq but nonetheless looking at it caused with the reflation trade, the dow and s p 500 trading lower, the doubt on pace for its worst day in the month of february. Thething else about today, first day in seven trading sessions that we do not have some sort of record high for these three major averages. A bit of a pause in the reflation trade. We have stocks close to the record highs and still do not have a 1 move for the s p 500. ,hen we go into the bloomberg the top orange line is a 1 move up in ...

First Abigail Doolittle tells us everything going on in the markets. Small small gains for the nasdaq but nonetheless looking at it caused with the reflation trade, the dow and s p 500 trading lower, the doubt on pace for its worst day in the month of february. Thething else about today, first day in seven trading sessions that we do not have some sort of record high for these three major averages. A bit of a pause in the reflation trade. We have stocks close to the record highs and still do not have a 1 move for the s p 500. ,hen we go into the bloomberg the top orange line is a 1 move up in ...

First to our lead. Potential investors are scrutinizing snap financials. According to the filing, the maker of snapchat is offering 200 million shares. That is for 14 to 16 each. At the top end of the range, snap would have a market value of 18. 5 billion. That means the snap cofounders could each take him a check for as much as 256 million. We spoke with David Kirkpatrick and editor at large cory johnson for more. Cory what becomes of this, i dont know. It is a high valuation. On the positive side, they have big Growth Numbers on a yearoveryear basis. We all know these story of who they are r...