The last quarter. We will discuss the secret to the companies continued success in asia, and its u. S. Ambitions. Uber has set the stage for one of the biggest deals ever. The service has approved buy a 1s offer to billion stake. Softbank and other firms will be allowed to invest up to 1 billion in uber, and can buy out the 9 million in shares. I caught up with cory johnson and eric newcomer. We have basically everything except the price, which is key. And who the sellers are, we dont know that for sure. Therefore, we dont know the total amount that is up to be bought. But we have sort of a slate of governance reforms, and we have softbank and a number of other potential buyers. But the thing we have been negotiating for the last many weeks now if those governance reforms, and the process by which softbank would buy the shares. Emily so, talk to us about some of the governance reforms. There were some contentions over Travis Kalanicks role. They made some compromises and benchmarks mad
Tencents blowout earnings. Sales jumped more than 60 in the last quarter. We will discuss the secret to the companies continued success in asia, and its u. S. Ambitions. Uber has set the stage for one of the biggest private startup deals ever. The service has approved softbanks offer to buy a 1 billion stake. Softbank and other firms will be allowed to invest up to 1 billion in uber, and can buy out up to 9 million in shares. I caught up with cory johnson and Bloomberg Technologys eric newcomer. We have basically everything except the price, which is key. And who the sellers are, we dont know that for sure. Therefore, we dont know the total amount that is up to be bought. But we have sort of a slate of governance reforms, and we have softbank, dragon year and a , number of other potential buyers. But the thing we have been negotiating over for the last many weeks now if those governance reforms and also sort of the process by which softbank would buy the shares. Emily so, talk to us ab
We will discuss the secret to the companies continued success in asia, and its u. S. Ambitions. Uber has set the stage for one of the biggest deals ever. The service has approved softbanks offer to buy a 1 billion stake. Softbank and other firms will be allowed to invest up to 1 billion in uber, and can buy out the 9 million in shares. I caught up with cory johnson and eric newcomer. We have basically everything except the price, which is key. And who the sellers are, we dont know that for sure. Therefore, we dont know the total amount that is up to be bought. But we have sort of a slate of governance reforms, and we have softbank and a number of other potential buyers. But the thing we have been negotiating for the last many weeks now if those governance reforms, and the process by which softbank would buy the shares. Emily so, talk to us about some of the governance reforms. There were some contentions over Travis Kalanicks role. He made some compromises and benchmark made some compr
Pompeo,ia director mike but tillerson and President Trump deny reports. Emily this is bloomberg technology. Coming up, bitcoins have to the mainstream. U. S. Regulators have cleared the theto allow future specs on company. We will discuss legitimacy of cryptocurrency. Plus, taking stock of uber. Joining us now, poly Chain Capital cost ceo. Ceo. Ly Chain Capitals great to have you here on the show. What a week it was. I imagine it has been crazy for you as well. I imagine it has been a crazy week and here for everyone in the cryptocurrency space. Massive. It gives access to anyone who wants to have access to bitcoin without actually having to hold bitcoins. It also means it opens new Financial Products so people can shorten it and that against the. Rice for a first time i think there is an increasing understanding that this is a massive technology, perhaps larger than anything weve seen since the creation of the internet itself, and its important we create careful, pragmatic regulation
Alleging Sexual Harassment by congressman john conyers says her client is expected to testify next week before the house ethics committee. House democrats have called on the 88yearold conyers to step down. s Attorney Says he will decide whether to resign within days. In a meeting with libyas prime minister, Rex Tillerson dismiss reports the white house plans to have him removed. Is laughable. Official said the plan is to replace him with cia director mike pompeo. Global news 24 hours a day powered by our 2400 journalists in more than 150 news bureaus around the world. This is bloomberg. Emily i am emily chang and this is bloomberg technology. Coming up, bitcoins have to the mainstream. U. S. Regulators have cleared the way to allow future specs on the feature exchange operators. We will discuss legitimacy of cryptocurrency. Plus, taking stock of uber. But will put the companys financials under the microscope after it burns through more than 1 billion in the last quarter. Hister stands