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After it set the terms of its ipo. According to the filing, the maker of snapchat is offering 200 million shares 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 evan spiegel and bobby murphy could each take him a check for as much as 256 million. We spoke with David Kirkpatrick and bloomberg tv editor at large cory johnson for more. Cory what becomes of this, i dont know. I mean it is certainly a high valuation. On the positive side, they have got some big Growth Numbers on a yearoveryear basis. We all know these s...

New National Security adviser after Michael Flynn resigned over line about his ties with russia. Donald trump has selected the r. Nant army general h. Mcmaster. Easees say china might Foreign Ownership limits on life insurance, potentially removing a drag on the business of local companies. The government could raise longstanding 50 on the local joint venture. Global news 24 hours a day, powered by 2600 journalists and analysts in more than 120 countries around the world. You are watching bloomberg. Caroline im Caroline Hyde and this is the best of Bloomberg Technology, where we bring you the ...

Pat summitt, the coach who inspired generations of athletes, passing away overnight after a fierce battle with alzheimers. This morning, a celebration of the winningest coach in College Basketball history. A tough competitor. A spirited pioneer. And a legendary tennessee lady vols coach. Our farewell to pat summitt this morning. Good morning, america. And this morning, we are joining all the friends, fans, and family of pat summitt to celebrate and remember her. And robin, you were part of that extended family. I got to tell you, she taught me about strength. Im drawing upon that strength righ...

Reveal racially insensitive marks remarks. Tonight we will explain the common link in the cases. But 1st the troubling suggestion that was made during meetings of leaders. Multiple sources confirmed they were present when the acting assistant chief David Downing used racially insensitive language when referring how to handle protesters in oakland. My sources tell me this happened over one year ago when down ewing downing was a deputy chief. They were in a meeting when he heard downing advocate for using water canyons for protesters. Another source told me they were with downing at a different ...

Championship. Pat summitt, the coach who inspired generations of athletes, passing away overnight. After a fierce battle with alzheimers. This morning, a celebration of the winningest coach in College Basketball history. A tough competitor. Spirited pioneer. And a legendary tennessee lady vols coach. Our farewell to pat summitt this morning. Good morning, america. And this morning, e we are joining all the friends, fans, and family of pat summitt to celebrate and remember her. And robin, you were part of that extended family. I gotta tell you. She taught me about strength. Im drawing upon that...