Hill. The assailant was killed in the gunfight, and House Majority whip Steve Scalise was seriously wounded. Global news, 24 hours a day powered by more than 2700 , journalists and analysts in 120 countries. This is bloomberg. Emily im emily chang, and this is bloomberg technology. Disney disappoints, posting its first drop in results in nearly a decade. Why the Worlds Largest Entertainment Company ran out of magic in the fourth quarter. Doj prepare boj for battle. We consider the arguments from both sides. And sean parker sheds light on the darker side of social media. The napster cofounder and facebook founding president says he has morphed into a Conscientious Objector. First, disney reporting fourthquarter earnings, showing the first drop in annual results since the financial crisis. Profit dropped 1. 2 to 1. 24 billion. Shares are dipping in after hour trading afterhours trading. O. Riple whammy disney reported a 140 million drop from investments. Joining us from l. A. Is our Bloo
Purchases with up to 1 million of debt. Gop senators Mitch Mcconnell and john mccain are calling on roy moore to withdraw from the Alabama Senate race if allegations are substantiated that he initiated inappropriate encounters with a 14yearold girl nearly 40 years ago. Moore was 32 years old at the time. Five officers who responded when the gunman fired on lawmakers during a baseball practice were honored on capitol hill. The assailant was killed in the gunfight, and House Majority whip Steve Scalise of louisiana was seriously wounded. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Emily im emily chang, and this is bloomberg technology. Coming up, disney disappoints, posting its first drop in results in nearly a decade. Why the Worlds Largest Entertainment Company ran out of magic in the fourth quarter. Plus, at t and the doj prepare for battle. New demands from the Trump Administration could derail the tie u
And president obama and netanyahu clashing over Irans Nuclear ambitions ahead of netanyahus highly criticized speech happening today to congress. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Hi everyone im seema mody live from barcelona and its all about the survival of the fittest. We have coming up on the show ceo of blackberry, john chen talking about how he plans to keep the Company Relevant as it shifts focus from hardware to software. Plus the cofounder of htc joining me in around 30 minutes to talk about the latest Flagship Smartphone and the move into Virtual Reality hardware. Where will the next google or facebook come from . Europe . Ill be getting more from phillipe. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Hi everybody. Officially good morning. Welcome to two hours we have together. We have a lot going on. We do indeed. Good to be back on the show. Lots of coverage coming. Were manning the f
Im guy johnson. Francine im francine lacqua. We are getting breaking news out of italy. Fourth quarter gdp figures, flat. Down some 0. 5 year on year. Guy not exactly the rosy outlook you would hope for, certainly not the progress you would have hoped for if you were mario draghi. Lets shift years and talk about what the central bank is going to do today. The recipient the European Central bank goes on tour once and a while and it is on cyprus today. Francine the ecb will talk about it bond buying program, how it deals with greece. Jonathan ferro is in cyprus for the meeting. John, over to you. Thank you very much, francine. That is the big focus today. Youve seen the markets react. What does it mean for the real economy and what does it mean for countries on the periphery of europe like cyprus eston mark joining me now is the former cypriot president , amanda took cyprus into the European Union. Great to have you with us this morning. Ive had a couple of people say the conversation th
4 billion. We will be joined by disney ceo bob iger. First, we are talking about twitter, the first Earnings Call as a public company, the news not so great. Net loss of 511 million, their net revenue more than doubling. User growth is slowing down. Million active users in the Fourth Quarter, up 30 , but slower than the 39 growth in the prior quarter. Us twitter usage also declined. What does this say about twitters business . Roundtable,ecial contributing editor David Kirkpatrick in new york, that as well isac coleus, editor at large cory johnson. How does this add up, timeline usage dropping, but growth is slowing down . User are seeing slower growth, and uptake and how much revenue they are getting from users, not dramatically, slowing growth. I think what we saw, if you want to sum that up is user engagement. How much are people using the medium . Solid. Bers dont look they dont look like the explosive growth of the stock valuation, and that is worth talking about. You and i use tw