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Many people. Tencent is one of the most active investors in the world. More than 450 investments under the companys umbrella and that is more than the number in softbanks universe and includes names like tesla, snap and epic. Thirdly, american businesses operating in china, like mcdonalds and starbucks, they rely on the wechat app for their operations so being cut off could jeopardize their business there. There are so many questions still outstanding but its really hard to understate the importance the daily role of wechat for chinese internet users. Its called a superapp people use it for ev...

That a suspect described only as an asian man in his 20s was wounded and taken to the hospital. Police say he was armed with what turned out to be a fake gun that he was waving in the air. At last word, he is expected to survive. Hayward police opened fire on a suspect on busy mission boulevard near valley vista at about 9 00 tuesday morning. A witness told ktvu he was armed with a gun. For several hours, Hayward Police shutdown mission boulevard between tennyson and industrial and investigators diagrammed the scene and look for evidence. Eyewitness told ktvu he was driving south on mission wh...

Grasso is back welcome, steve. Thanks for having me. Technology making a move higher thanks in part to the semis. First you have that semi upgrade from Goldman Sachs thats put a flame underneath the whole space. Theyre leading and also have the f. A. N. G. Stocks reporting. Thats what is driving the market action. Does it tell you something about the cyclical leaning. It tells you it gives you the impetus of, hey, what got us there . What is going to be the mainstay people like to keep riding the horse thats delivered the returns and that horse has been tech. Horses are scary. Lets drill down ...

We have set up a highfrequency trading bull and bear to battle it all out. As the president spends the day focusing on School Safety following last weeks shooting at Parkland High School in florida, blake burman grills the president s economic adviser about the administrations myth on that promised 4 growth. Blake will join us and youre going to see how it all went down. Amazon accused of corporate welfare for Holding Contest to get the best deal from communities across the nation in search for a Second Headquarters. Hillary vaughn live on the billionaire brothers who have actually taken corpo...

Where thee at a Forum Library will be unveiled. They will donate 2 million to summer job efforts. Im Alisa Parenti, and this is bloomberg. Emily im emily chang and this is bloomberg technology. Coming up, face the 2 million monthly active users, but couldnt add slow down be looming . We hear from the coo Sheryl Sandberg on their earnings report. Plus, tesla bulls can breathe easy for another quarter as the company confirmed its anticipated model three massmarket is on track to begin production on time. And our extended interview with ,ilicon valley veteran chamath taking on everything from Pre...