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The tv industry suffers its steepest drop in ad sales since 2009. What that means for streaming. First, our top story, the challenge to tmobiles sprint merger took shape in a courtroom on monday. The combination of 13 states and the district of columbia suing to stop the deal. With the latest, jennifer was in the courtroom. Day one, what is your big take away . Jennifer it started with a surprise because the judge said, we are not going to have opening statements. I read enough in the pretrial memoranda, lets go straight to the witnesses. That was a big surprise, particularly for the lawyers who spent a lot of time preparing those. The judge is really intent on getting this done in two weeks. This was part of that, getting things moving quickly. We got right into the first witness, basically got through 2. 5 for the day. Overall, the witnesses were pretty good. They were better than i thought they would be for the companies. There were some bad documents introduced with the first witne ....
Tool when it comes to predicting travel tie ups and potential wildfires and potential opportunities in the space economy industry. It is estimated to reach 1 trillion. First our top story. The eu antitrust chief has made a name for herself as a tough regulator who is not afraid to go after big tack. Wednesdaywednesday big tech. She said eu will still push a digital tax even if a big push at oecd fails. She was asked how europes revelatory posture on technology is different than the u. S. And china. First and foremost to promote what we have going for ourselves already because in the businesstobusiness environment you find a lot of impressive tack. You find engineers and research and an impressive start up environment and the willingness to balance all the possibilities. Talk about innovation but we hear from u. S. Companies the reason youre focused on taxation is because we have not seen real invasion europe. You agree with that and is that fair . We have not seen real innovation in eu ....
Space economy industry. It is estimated to reach 1 trillion. First our top story. The e. U. s antitrust chief has made a name for herself as a tough regulator who is not afraid to go after big tech. Wednesday, she told bloomberg that the e. U. Will still pursue a digital tax even if a big push at oecd fails. Maria tadeo talked to her in france, where she was asked how europes revelatory posture on regulatory posture on technology is different than the u. S. And china. Maria first and foremost, to promote what we have going for ourselves already because in the businesstobusiness environment you find a lot of impressive tech. You find engineers and research and an impressive start up environment and the willingness to balance all the possibilities. You are talking about innovation, but we do here many times from u. S. Companies the reason youre focused on taxation is because we have not seen real invasion europe. Innovation in europe. Do you agree and is that fair . That is not fair, not ....
Investors are not so sure. A Virtual Reality platform picked up for oculus. We are live in san francisco. Lets get to sophie forecheck on markets. Sophie aussie shares are unchanged after a threeday gain. Kiwi shares building on gains after topping 11,000 on tuesday. Nikkei and cost be futures kospi are lower. Slide despite the enthusiasm we saw for alibaba shares, which closed about its issuance price. Lets check on housing bonds, which are gaining ground after the rba governor the move tracking treasuries. Aussie yields falling 35 basis points across the curve. The three years left below the rba cash rate. A bond rally expected to push the 10 year to 50 basis points with unconventional easing expected in the second half as the australian economy slows. The kiwi holding its threeday gain. This morning, we heard from the rb governor. Mentioned rbnzso is working with westpac after the findings in australia. Paul thanks very much. ....