Media giantal disney beats Fourth Quarter bottomline estimates. We will break down the results ahead of disneys highly anticipated streaming platform debut. Stories. R top facebook continues to struggle to read and trust over how it handles user data. That has become more complicated. There has now been a leak of internal documents suggesting business considerations outweighed those privacy concerns. It is something facebook publicly touted when it decided five years ago to cut off tens of thousands of developers from its platform. To discuss, im joined by Bloomberg Technologys sarah frier and ben brody in washington. Let me start with you, sarah. You covered this story. What do we know from these documents . Reporter the documents give us this interesting internal picture in a way we really havent seen before of how these decisions are made and the difference between how they are discussed internally and how the company explains them externally. And internally, they are saying we need
Of backing down. We have to do everything we can, given that relative, you know, privilege to be out here and to really push as hard as we can. While demonstrations have turned violent at College Campuses around the country, this week here at cal, the Uc Berkeley Divest Coalition has led a peaceful protest. Students are taking turns camping out, and theyve grown from about a dozen tents on monday to more than 70 by friday. We have three kind of sleeping pads here, undergrad cecilia luna parra shows us around the tent shes sharing with five fellow bears. She was just elected to Berkeley City Council last week. Our tuition dollars are currently going to corporations that are aiding this genocide. Protesters are calling for the uc to divest from those companies to end its silence on gaza, to cut ties with israeli universities and to protect students organizing in support of palestine. Supporters are lending their own creativity to the cause, with this chalk artist sketching a bird onto th
John kelly has denied reports of that the white house is planning to remove Rex Tillerson and replace him with cia director mike on pao. Global news 24 hours a day powered by more than 2700 journalists and analysts. This is bloomberg. Emily i am emily chang, and this is bloomberg technology. Coming up, the bitcoin waiting game. The ceo gives his take on the volatility of the worlds most traded cryptocurrency. Shines onspotlight google. How will big tech respond . And a if i front ai at the front lines. How machines have affected social media. Inhnology stocks rebounded thursday trading from the worst drop in more than a year. While the nasdaq is recovering, the dow staged the third triple digit gain in a week. Where are we in the market cycle . Our equity strategist joins us from new york along with our guest host for the hour, david kirkpatrick. Gina, i will start with you. Where are we . You said these stocks could be subject to rotation risks at the end of the year. Is that what we
But it will buy more time for negotiation with democrats on a longerterm funding plan. Donald trump will deliver his first state of the Union Address on january 30th. Paul ryan formally invited him today. He called it an opportunity to lay out the work that needs to be done for the american people. John kelly has denied reports of that the white house is planning to remove Rex Tillerson and replace him with cia director mike on pao. Global news 24 hours a day powered by more than 2700 journalists and analysts, this is bloomberg. Mike on pao. Emily i am emily chang, and this is bloomberg technology. Coming up, the bitcoin waiting game. The ceo gives his take on the volatility of the worlds most traded cryptocurrency. Plus, the spotlight shines on google. How will big tech respond . Ai at the front lines. How machines have affected social media. Technology stocks rebounded in thursday trading from the worst drop in more than a year. While the nasdaq is recovering, the dow staged the thir
Driving car. In a blog post on monday, larry page wrote, quote, we like the name alphabet because it means a collection of letters that represent language, one of humanitys most important innovations, and is the core of how we indexed with google search. ,oining me from San Francisco the coceo and executive editor. Redstone is a Senior Writer for bloomberg businessweek. The cofounder, ceo, and editor in business insider. Im pleased to have them all here. Let me begin with henry in the studio. Why did they do this . Henry this is something a lot of people thought was long in coming. Google has been making massive investments in a lot of unrelated projects you mention, Life Sciences, self driving cars, things a lot of wall Street Investors look at as a huge waste of money with an uncertain payoff it looks like they are wasting capital. Wall street was eager to see real capital discipline. That is one. We are going to get to see what googles business looks like on its own and we will have