As predicted. The effects of the recent decline in again and President Trumps policy. The doj will continue to buy bonds, global news 24 hours a day powered by more than 2600 journalists and analysts in more. Han 120 countries you are watching bloomberg. China, taiwan, nikkei trading down 1. 3 . Again is gaining another session. This is bloombeg. Caroline Bloomberg Technology bill gates ways and ahead. Digging into what could be the biggest tech ipo since facebook. Silicon valley pundits its voice as the immigration dan feels outrage. Friday President Trump restricted immigrants from seven muslim countries. His next order on immigration may be an even greater blow to the u. S. Tech future. Seanhe works spicer address it later. Earlier. Spouse whether that the visas, there is a needed to look at these programs. You will see both through executive action and legislative measures. A way to address legislation as a whole. Were joined by alex wayne in washington. Consternation from the tech
Sharing how americas biggest money manufacturer returned. First to our lead. This week, longawaited ipo. 3 million dollars. 4 billion in the ipo. Worth 25 billion for those familiar. Snapchat is the First Social Media Company to go public since three years ago. Is company ipo prospectus giving a first look. Ipoaught up with the reporter. And the managing director. Was looking at a revenue of 464 million last year and a net loss. You can see theyre just how much cash the company is burning through. I bring that up because we have seen the revenue numbers but we did not have it a sense for how much they are having to spend to get there. They will have to take into it account, can i balance the amount they are spending with the opportunities being pitched to me when i am trying to get to 25 billion evaluation. Looking at the Business Model in general, there are losses at the moment but the evaluation we do you see . What i started looking at the risk factors. There are a lot of familiar t
Takata may plunge by the daily limit after the company emerged as its top bidder. Takata says a company recommended a bid over that of another. Key is the worlds fourth biggest airbag maker but has just over 4 of market share. Currentlyres are untreated after falling for the last two sessions. Global news 24 hours a day powered by 2600 journalists and analysts in 120 countries. Lets get you a check of the markets. Afternoon trading just getting underway in hong kong and china. Asian markets all in the green. This is bloomberg. Caroline i am caroline hyde. This is the best of Bloomberg Technology. Where we bring you our top interviews from this week in tech. Coming up, snap filed for an ipo, 3 billion, the details ahead. Plus, apple sales at an alltime high and facebook sees mobile ad revenue pop. We break down the big tech earnings of the week. And the inside track on ges digital pivot, the ceo shares how the biggest manufacturers turned to big data and won. A bloomberg exclusive inter
The eu. Republican proposal to repeal couldplace obamacare cause people to lose their health care coverage. The number of people covered by obamacare could be cut right as much as 51 in some states. In asia, north korea has executed five Senior Security officials because they made false reports of enraged dictator kim jongun. They said the executions were carried out with antiaircraft guns. He has reportedly killed or purged a large number of top north korean officials. Global news this is bloomberg. Live from bloombergs World Headquarters in new york, im scarlet fu. Joe and im joe weisenthal. E are 30 minutes from close the white house getting its funding plan today as President Trump prepares to deliver a speech to Congress Tomorrow night when he is expected to give his spending priorities. Duefed decision on rate is in two weeks with eyes of a march rate increase rising to almost 50 rate on fed funds futures. The fed chair event later this week. Opinions are split on whether snapcha
Even started. He is proven to the world what it means to have an unqualified commanderinchief. It involves more than 25,000 iraqi troops. Cordoned off eight villages on the city policies outskirts. 25,000 iraqi troops in addition to airplanes and advisers. Officials are criticizing efforts by the United Nations to strengthen sanctions, a nuclear test in september. Officials tell the Associated Press the proposed sanctions accused the u. S. Of orchestrating the punishment. Day andews 24 hours a more than 120 countries. This is bloomberg. Amanda live from bloomberg World Headquarters in new york. Rise monday stocks unleashing unleashing a fresh round of earnings. At t can add wall street to the list of skeptics. Andsome lawmakers politicians have come out against the deal. Ameritradel, td tim later this hour we will break it all down into days the numbers do not lie. Cliff lets take a look at where the major averages stand. Echoing what is happening globally, igniting enthusiasm. Area of