Silicon valley is more about other things of software and services. San Francisco Igm launched the successful ipo creating 125 million. The company is developing antibodies to treat blood thinners. Biotech is not my area of experti expertise. This morning i would like to talk about Genomic Research and i would like to talk about the Positive Side of it. Crisper will let us do this. You are looking at inside the lab of the Company Created by trevor martin. Hes joined by two expert in the field of medic Kristin Brown of bloomberg and aaron broadway. I read that gene sequencing is an equivalent of reading a document and crisper isa process. Is that a reasonable place to start in. Crisper is a tool for programming biology. When you think of our dna is our insides. And this has been possible before. I mean we are all hearing about crisper but it is new and the best and most advance way of doing it. Yes, there has been way to edit this document before. They but suffer from various incidents.
Just a few days ago San Francisco based Igm Biosciences launched a successful ipo raising 125 million. The company is developing antibodies to treat blood cancers. Biotech is not my area of expertise. Fortunately, i have three other chairs at this desk and can invite people who are much smarter than i am to talk about the industry. This morning i would like to specifically talk with Genomic Research and crisper, this is a way of editing genes. I would like to talk most beabout the Positive Side of it what it will allow us to do and the lives it will save. You are looking inside the labs of biosciences, created by trevor martin, he is joined by Kristen Brown of bloomberg and aaron brown ofst business insider. Thank you for joining us. Lets keep this simple sequencing is the e reading a document and crisper is the equivalent of word processing. Is that a good place to start. It is a good place to start. Crisper is a tool for programming biology. When you think about dna and rna, the code
Van into a crowd of people. The driver expressed support for Islamic State and searched online for information about the attack on a nightclub in florida. I am mark crumpton. Bloomberg west is next. Emily i am emily chang, and this is bloomberg west. Investors are dumping netflix shares after reporting its lowest subscriber growth in year. Can it recover . We will break it down. Softbank throws down its biggest arm. Let yet,a a bid for what the deal means for semiconductors. Chuck robbins speaks to us about brexit, m and a, and whether or not he is backing donald trump. Hours, plunging after down 15 on disappointing earnings. Subscriber growth dropped with only 1. 7 million new subscribers this quarter. Reed hastings says it is due to price increases, not market saturation. With new members, we have not seen any effects. We changed our prices last october. We have had a couple quarters of great growth. This is around change resistance. Whatever the price is for something, people do not
Ernest says president obama hasnt called president or to one since fridays failed coup. He says the u. S. Is cooperating with turkey to identify accomplices, but is urging the government to show restraint. Some 6000 suspects are being detained. French officials confirmed today the attack in nice was premeditated and terrorist. Six people are detained, one of them allegedly receiving a text from the man who drove into a crowd of people. Officials say he searched for information about the attack in orlando. From bloomberg world headquarters, im mark crumpton. Bloomberg west his next. Emily i am emily chang, and this is bloomberg west. Investors are dumping netflix shares after reporting its lowest subscriber growth in years. Can it recover . We will break it down. Softbank throws down its biggest gauntlet yet, a bid for arm. What the deal means for semiconductors. Chuck robbins speaks to us about brexit, m and a, and whether or not he is backing donald trump. Netflix plunging after hours
Off and avocado threat. Everyone is talking about a mystery in disguise. Nine countries involved in the search for the missing Malaysian Airlines 777. Toding from kuala lumpur beijing. 239 people on board. The boeing 777 that took off friday. La lumpur air Traffic Controllers lost contact with the plane as it flew over the sea between malaysia and vietnam. Not only a mystery how a massive jetliner can vanish. Investigators do not even know when they disappear. Thought thatit was they lost contact 2. 5 hours. Later, it was one hour after takeoff. Answer is important. It will determine whether it is malaysia or vietnam that takes the lead in the investigation. The search has turned up a number of red herrings. And oil slick suspected of being from the aircraft turned out to be from a boat. Another image that resembled a life raft turned out to be a cable. Malaysia investigating reports of debris near hong kong. South of we noticed hong kong. Througharching the area and have not received