Amazon slashing the prices of its new fire phone. Amazon does not release its sales but this dramatic price cut comes six weeks after the fire phone was released. Ebay is going to start excepting bitcoin in the coming months. They will work to enable those payments, which could open up the possibility of Virtual Currency in millions of transactions. 800 investors packed the room in new yorks famous waldorf astoria hotel. Founder and chairman were hit with a number of questions, particularly Corporate Governance issues, corporate this is according to people who were inside that meeting. It is the first of many roadshow meetings that will take executives from the Ecommerce Company around the world, everywhere from San Francisco to hong kong and beyond. Leslie was at the waldorf astoria you tell me what you heard after the meeting was underway. , i was not allowed to go inside the roadshow. Those are closed meetings to the press. What i heard from investors is a got questions answered reg
In emerging markets. Hit 100any says it million active users in africa, 87 of which are accessing facebook via mobile. Way,ile sues chinas wah accusing it of stealing its robot technology. The suit says it stole part of its smartphone testing robot called taffy and even took a piece of taffys arm. Wah way has been described as a National Security threat in court and is a big concern. To our lead story alibaba will start pitching its potentially recordbreaking ipo. Jack mott arrived just a minute ago. Some 500 people are expected to be there for meetings at lunch. Baltimore,mps up for boston, San Francisco and los angeles, then overseas to hong kong. Alibaba could raise 21 billion in the offering, making it the largest in u. S. History if the roadshow goes off as they hope. You are watching bloomberg west. Im cory johnson in for our Bloomberg Ipo reporter joins emily chang. Tesla has just expanded in to us from outside the waldorf astoria in new york. Eight the scene for me. Japan, deli
Alliance data is buying at Technology Firm conversant for 2. 3 billion dollars. They personalize internet ads and target users. Alliance data manages credit cards and Loyalty Programs and will use the acquisition to expand its digital marking business. Marketing business. There is a deal to buy eucalyptus, cloudbased Company Previously allied with amazon. Hp is paying less than 100 million. To our lead story 13 years after the september 11 attacks, the United States is back on the offensive confronting terror groups like the islamic state. Last night, president obama announced a broadbased coalition to confront the group. I have made it clear that we will hunt down terrorists who threaten our country where ever they are. That means i will not hesitate to take action against isl in syria as well as iraq. This is a core principle of my presidency. If you threaten america, you will find no safe haven. While the fight against terror continues, technology is changing everything from the way
Defining. Chicago, atlanta, newark, jfk and washington dulles. Kleenex and huggies makers cutting up to 1300 jobs. Forecast toullyear reflect costs associated with the spinoff of its health care business. In emerging markets has been a strong point. Cocacola shares are falling the most in six years today. It down more than 6 after the Company Reported sales that fell slightly in the quarter to just under 12 billion. They announced a costcutting aboutnd mounting concerns the Health Dangers of soft drinks in the United States. Deutsche telekoms has teamed the company says it is looking at options for tmobile. A future where tmobile remains independent. But sprint and iliad dropped plans in recent months. Staggeringlling a number of iphones. The smartphone brought in 56 of revenue. The success of the device begging the question, is apple turning into just a phone company . Our marketurn to makers anchor Stephanie Ruhle who has been at the robin hood conference. J cruz at ceo. Withd exclus
The company says it is still looking into options for tmobile, but it can see a future where tmobile remains independent. Sprint and iliad dropped plans to buy tmobile in recent months. Investor is urging a breakup of Biotech Company amgen. He said they should split into two companies, one with older jobs and one with new prospects. He sold his fun stake saying that sony may 20 on its investment. Can hewlettpackard turn its business around now that it is putting into two separate companies . Here is former ceo carly fee arena. In an thing we know economy that is ruled by changing ways of technology, the timeframe to turn around its shorter and shorter. Sometimes Companies Run out of time. Hpshe also says that current was handed a company that underinvested in r d and marketing. Now to our lead. It has been an interesting time at yahoo . The Company Raked in more than 9 billion before taxes from the Alibaba Group ipo and it is facing pressure from starboard values to split up or merge w