Had no plans to release an apple tv set months before he died. Steve jobs told apple executives that tv is a terrible business and they dont turnover and the margins sock. He says the apple tv streaming box would remain a hobby. Microsoft is offering a new way for customers to Access Office 365. The program is designed for an individual allowing one pc and one tablet to connect to the service and a subtraction will cost 70 per year or seven dollars per month and rolls out in the spring. The los angeles man who newsweek claims invented bitcoin has hired a lawyer to prove he did not create the digital currency. Unconditionally denies the report and says he has difficulty finding a job. He has no experience or knowledge of cvarotgraphy or virtual currencies. Chinese ecommerce giant alibaba is starting the ipo process saying it will file in the United States. They have not filed yet. There was much discussion of them filing and hong kong. The rumblings have been going on. They are getting
A company has set its ipo share at above marketing range. Jd has not turned in an alley an annual profit, unlike alibaba. Twitter has elected all of its firstors, including the woman to join twitters board. The announcement came at twitters first shareholder meeting. Theyhit a they hit a high in december. And lenovo has a strong quarter. Their laptop and desktop shipments rose in the quarter despite in overall industry decline. They are making a dent in the smartphone business with its smart phone chip. 60 in the quarter. Welcome to bloomberg west. I want to welcome our special guest host for the hour. Also, longtime head of facebook wrote. Growth. Facebook great to have you here. Great to be here. We have started to figure out remind us though. What happened is i bought a company. We did a controlled transaction of one company and inherited ownership of tinder. Luationsluations va it easy, it it is addressing to look at doing different transactions. We are looking a buyout and control
Support from abroad. Search teams hunting for Malaysian Airlines flight 370 have had to temporarily suspend their search because of Severe Weather. Theyve been zeroing in on an area in the southern indian ocean. New satellite images picked up more than 120 objects bobbing in the rough waters. Nhks craig dale has details. Reporter crews have battled fierce winds and choppy waters as they scour a vast area in the southern indian ocean. Now they may be able to narrow their search for Malaysian Airlines flight 370. This is still the most credible lead that we have. Reporter malaysias defense minister says french satellite images detected 122 objects floating in a 400 kilometer square area. Some objects were a meter in length. Others were as much as 23 meters in length. Some of the objects appeared to be bright, possibly indicating solid material. Reporter flight mh370 left kuala lumpur on march 8 bound for beijing with 239 people on board. It disappeared less than an hour after takeoff. Ma
Unlike alibaba. Twitter has elected all of its directors, including the first woman to join twitters board. The announcement came at twitters first shareholder meeting. They hit a high in december. And lenovo has a strong quarter. Their laptop and desktop shipments rose in the quarter despite in overall industry decline. They are making a dent in the smartphone business with its smart phone chip. 60 in the quarter. Welcome to bloomberg west. I want to welcome our special guest host for the hour. Also, longtime head of facebook growth. Great to have you here. Great to be here. We have started to figure out remind us though. What happened is i bought a company. We did a controlled transaction of one company and inherited ownership of tinder. When valuations get crazy, it it is addressing to look at doing different transactions. We are looking a buyout and controlled transaction. It has been an interesting year so far. Before we move on to that, what is the valuation of tinder. In the rat
Affordable care act demanded that coverage at policies have minimum coverage requirements, and thats why because the cost of many of those policies have gone up and people have been notified and then they cannot get those policies january 1 of 2014 because the there demandedo include some an additional things. Why would Medicare Advantage not cost more . Because there are more things in it, more provisions, Preventive Care, annual physical examinations, a nurse checking up to make sure that the patient got the medications filled, return for their appointment and timely follow up. So together that program and thats what this is all about, im looking forward to what the witches has to say about it. It made no sense to cut 300 billion out of a program that 29 of Medicare Beneficiaries had chosen, and its gone up over the years, each and every year but i just about. The gentlemans time has expired. The chair recognizes the Ranking Member americas mr. Dingell five minutes for an Opening Sta