Renominate anyone he wants installed. Steve bannon and Corey Lewandowski have been asked to testify before the house intelligence committee. The panel is investigating russian interference and the 2016 election. Neither one has responded. And the worst appears to be over for a Massive Wildfire that plagued the Southern California coast for two weeks. Mandatory evacuation orders have been called off. At its peak, it drove about 100,000 people on their homes. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. I am a alisa parenti. This is bloomberg. And more of Bloomberg Technology is straight ahead. Emily im emily chang and this is Bloomberg Technology. Coming up, bitcoin bears the bubble theory. Prices come crashing down. Our deep dive into the four day selloff. Plus, validating and apple urban myth, the real story between older and smaller iphones and he the lawsuits starting to pile up. The battle between two c
Emily but first to our lead and a bloomberg scoop. Uber has a new number two. The worlds most valuable startup has named Barney Harford its chief operating officer. Hartford is the former ceo of the Online Travel site orbitz. He is the secondprofile hire by the uber ceo. He has worked for and competed with khosrowshahi in the Online Travel sector. And it is an interesting move considering the other uber news out wednesday, the european top court has officially rolled the service should be regulated as a Transportation Company rather than a digital company. The ruling is aimed at uberpop which allows people to pick up passengers, the equivalent of uberx. We spoke with the capital managing partner from london along with Bloomberg Technology partner eric newcomer. Eric he has a long history with khosrowshahi. I think that is definitely helpful. This is sort of a loyalist you can bring in, a trusted hand. So i think that is part of it. Barney did a really good job at orbitz. It was a debt
Bitcoin. Emily but first to our lead and a bloomberg scoop. Uber has a new number two. The worlds most valuable startup has named Barney Harford its chief operating officer. Hartford is the former ceo of the Online Travel site orbitz. The second high profile hire by the uber ceo. He has worked for and competed with khosrowshahi in the Online Travel sector. And it is an interesting move considering the other uber news out wednesday, the european top court has officially rolled the service should be regulated as a Transportation Company rather than a digital company. The ruling is aimed at uberpop which allows people to pick up passengers, the equivalent of uberx. We spoke with the capital managing partner from london along with Bloomberg Technology s eric newcomer. Eric he has a long history with khosrowshahi. I think that is definitely helpful. This is sort of a loyalist you can bring in, a trusted hand. So i think that is part of it. Barney did a really good job at orbitz. It was a de
Emily but first to our lead and a bloomberg scoop. Uber has a new number two. The worlds most valuable startup has named Barney Harford its chief operating officer. Harford is the former ceo of the Online Travel site orbitz. He is the secondprofile hire by the uber ceo. He has worked for and competed with khosrowshahi in the Online Travel sector. And it is an interesting move considering the other uber news out wednesday, the european top court has officially rolled the service should be regulated as a Transportation Company rather than a digital company. The ruling is aimed at uberpop which allows people to pick up passengers, the equivalent of uberx. We spoke with the capital managing partner from london along with Bloomberg Technology partner eric newcomer. Eric he has a long history with khosrowshahi. I think that is definitely helpful. This is sort of a loyalist you can bring in, a trusted hand. So i think that is part of it. Barney did a really good job at orbitz. It was a debt l
Exchange to fail. Its not a Merry Christmas for apple. Analysts have lowered iphone x projections for the First Quarter citing weak demand. Say 10 million fewer units will be sold in the First Quarter of 2018 compared to the current quarter. Worn cs shipments falling by 5 million. They blame the high price and lack of innovation. Lets give you a feel of whats going on here. And a few other elements are playing out. Australia and hong kong are closed. We did see quite a bit of pressure on selective chinese companies. The nikkei was lower as well. Turkish stocks having an astounding rally. S p futures unchanged. U. S. 10 year, 2. 48. Across in the commodities space, some important moves for wti. Had u. S. Rigs not adding anymore. Is at 1000 children 78 an ounce. Its not a Dollar Strength story. A little bit of anxiety coming from the catalog election. We have a few other elements as well. Dollar yen up. Currently that level is still a sixweek low. Policy getting back into focus for inves