Obstructing a congressional probes and witness tampering. The guilty verdict comes after deliberations began yesterday. The case against stone included evidence that President Trump that President Trump knew about wikileaks plans to release emails that were damaging to hillary clinton. Prosecutors said stone live to congress to protect the president. He will remain free pending his sentencing in february. He faces 20 years in prison. Able morales could face jail time for Election Fraud if he returns home. The ousted leader told the Associated Press in mexico that he is still president and claims to have won a fourth term in office. In pro football, Myles Garrett has been suspended indefinitely for his actions during and on field brawl last night. At the end of the game, he ripped the helmet off of steelers quarterback mason rudolph, and hit him with it. Two others were given lesser suspensions and each team has been fined 250,000. Global news 24 hours a day, onair, and tictoc on twitte
2017. As the Economic Situation deteriorated, his government has increasingly turned to what critics call strongarmed tactics. China has unleashed a torrent of verbal abuse on protesters in hong kong. Terrorists, them to calling them inhumane and committing atrocities. The airport resumed normal operations today. Authorities have a court order aimed at restricting demonstrations there. Day onnews 24 hours per air and on tictoc on twitter. Im mark crumpton, this is bloomberg. Pen n welcome to bloomberg markets. Stocks plunging, the fear index jumping, we have you covered from every angle, bonds to equities and currencies. Amanda during the volatility, and Office Sharing startups showing Revenue Growth will have substantially large losses. Lets give you a quick check in for the markets are trading in the afternoon losing, the f s p 500 with most sectors in the red right now. The green inversion up at the the dow is down over 600 points while the nasdaq is at 2. 7 . Reallyse, we have some
Vision fund. Oh, snap. Bullish bets payoff. Four more users per day than percted far more users day than expected but can growth keep up . Department of justice is set to open a broad antitrust review into big tech. They are looking specifically into whether u. S. Tech companies hurto big that they competition. Joining us to discuss, tom got gurman, and, mark ben rhody in washington. Ben we dont know a whole lot. We are looking at here is a sort of complement to a task force that the federal trade commission announced. Doj share antitrust oversight. What is especially interesting that theye believed had split up the companies, the doj would only be looking at google and apple. Now it looks like they could be looking at something more highlevel. They could be doing criminal referrals to other parts of the agency. These companies could be facing scrutiny from both agencies. Emily the doj had taken oversight over alphabet and apple. The ftc was going to be looking at facebook and amazon.
Challenging the industry. We hear from a top lawmaker who does not think big is necessarily bad. First, to our top story. Apple has a backup plan if the trade war continues to escalate. They are manufacturing partner says they can make all iphones bound for the u. S. Outside of china if necessary. They make most of apple smartphones at its chinese factory. Our text editor joined us with the details. An executive who was talking to investors and other people in taiwan. Our reporter in asia was there to listen. This is more of a plan. They did not ask foxconn to do this yet, but they are saying they are very capable of doing it. It has raised a lot of questions. Analyst and he was saying that if you are ,alking about final assembly which is what foxconn does, if you are looking at that, it might be relatively easy to move your move. If you are talking about the whole manufacturing process, that would be a lot harder. Vonnie we know that politically china and taiwan are at odds. Is there
President trump has picked the former president of eli lillys u. S. Division to become the next secretary of health and human services. If confirmed, azar replaces tom price. Global news 24 hours a day. This is bloomberg. Im emily chang and this is Bloomberg Technology. Coming up, the broadcom ceo says the Company Remains fully remained in the acquisition of qualcomm despite the rejection of their offer. We look at what is next for the mega chip deal. Uber has set the stage for one of the biggest private start of as softbank will have a bi a stake. Heating up in the discussions between at t and the government. First, qualcomm project broadcoms 105 billion offer, kicking off what would be the largest tech takeover battle in history. The chairman of qualcomms board issued this statement saying it is the boards unanimous belief that broadcoms proposal significantly undervalues qualcomm relative to the companys leadership position in mobile technology and our future growth prospects. What