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We will be active in payments services, congresswoman, and enable all of these people who dont have access modern Payment Systems to move their money around and have access to World Economy and will be in the payments business, as far as colibra wallet. Let in ask you another question on governance. In your open statement you said it would nothing be overpowered by facebook because you would only have one vote. So, in the world of banking, because in my mind its still banking, were dealing with a lot of banks who merged so lets sea with your one vote you would buy stripe or you would buy spoti...

Facebook has announced plans for a new Digital Currency, called libra. David marcus testified for the House Financial Services committee. The committee will come to order. The chair is often recess of the committee at any time. This is entitled based proposed crypto currency an impact on consumers, investors, and the American Financial system. I will now give an Opening Statement for five minutes. Today we are here for a hearing on its books proposed Digital Currency, libra, and digital wallet, and the impact on consumers, investors, and the Financial System. David marcus, following his testim...

Investors, and the American Financial system. I will now give an Opening Statement for five minutes. Today we are here for a hearing on its books proposed Digital Currency, libra, and digital wallet, and the impact on consumers, investors, and the Financial System. David marcus, following his testimony, a panel of experts will share their views on this book plans, is there are serious concerns about the creation of a Digital Currency and digital wallet to expand its reach, like mastercard, paypal, visa, uber reggie lyft rideshare, and specify. Is trying to create a new global fund to rival the...

Jap japans exports fell 6. 7 in june, much more than expected. They were looking for a 5. 4 drop tex tend the bigger surprise drop was a 5. 2 drop in importeds versus the 0. 2 decline economists were expected the nikkei was down by 2 . Hang seng off by a half percent. The shanghai down by 1 . In europe, red arrows there as well spain off by 1 . Lesser losses for the other averages check out the treasury market. You will see that the treasury market this morning is showing the tenyear with a yield of 2. 054 United Health just reporting moments ago. Posting Second Quarter profit of 3. 60 per sha...

And other americans. Global news, 24 hours a day, powered by 27 hundred journalists and analysts in 120 countries. This is bloomberg and Bloomberg Technology is next. This is Bloomberg Technology. Hammering out details to grab a andive stake in uber seeking a discount to invest in the startup. Our conversation with meg whitman, as she prepares to leave the company. We talk about her political ambitions. 10,000 andoaches we discuss the true value of the currency. Is leading investors to buy a huge stake in uber. A billion direct investments in the start of. This would put the uber valuation at ...