Treasury imposed restrictions that made it difficult to access funding. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. Im Alisa Parenti. This is bloomberg, and Bloomberg Technology is next. Emily im emily chang and this is Bloomberg Technology. Coming up, amazon arrives at your front door after a 1 billion deal to buy a smart home tech company. The ecommerce giants larger delivery strategy. Widget for the sky and raising the stakes for disney and fox. The allout bidding war erupting between the three big media players. Activity for fitbit hits alltime low. Shares tank post earnings. But first to our lead. Amazon has agreed to buy a californiabased Smartphone Company that makes video cameras, doorbells, and other tech. It is valued at about 1 billion and pushes amazon further in the smart home market. J. P. Morgan chase advising on this deal. Joining us now with more details is alex. It was not long ago that ring was booted off
Highway 85 to the san jose airport filling in at 17 minutes. We will take a closer look at the Central Valley commute in less than 10 minutes. With all of the problems for the new eastern span of the bay bridge it is multimillion dollar Rainy Day Fund is almost drained. Our reporter is on the bridge to explain how this could affect you even if you do taught drive over it each day. Yes, the report sent to the legislature yesterday, and the good news is that you are not going to face any hikes to toll bridge crossing fees. The bad news is that a lot of the projects that landed for other bay area bridges are going to have to be cut according to the San Francisco chronicle, the Rainy Day Fund had 900 million when it was created in 2005 and today it has less than 8 remaining, or 67 million. Many set backs drained the fund include leaky tower foundations, cracked rods and poor wimbledoning. Authorities say that toll payers are on the hook to fix the bridge, and some say caltrain needs to rei
All that and more. Heading out to julie hyman. News that just came out in the last hour affecting the stock. That is a settlement over a cleanup related to companies in a choir. It is a 5. 2 billion dollars settlement. Looks like the stock is rising. The discount brokers today. E trade, ameritrade, Charles Schwab. Seems like they have been caught up and concerned rum highfrequency trading in the. Ake of the book Charles Schwab has called it a growing cancer. We are seeing those stocks pull back today. Finally, seaworld, which has though been troubled shares pulling back my nearly two percent. Thank you. The u. S. Chamber foundation is hosting its 13th annual aviation summit today in washington. The event is called navigating the true cost of client. David barger, taking part in todays summit. Great to have you here. The event really takes a look at the Critical Issues facing your industry. What was umber one on the list . One . Mber always great to be on. Thank you for having me. The t
For current and former military members and their families. Get advice from the people who share your values. For our free usaa retirement guide, call 877242usaa. Its time for end point. Christopher john farley this morning. The story that stood out to me was that New Rochelle High School last second shot. Thats because youre from there. I always turn sportsmetaphor. I love the Public Schools. I have a commitment to Public Schools. Our kids go to Public Schools there. It was great to see them win in the last second shot. The guy who made the shot seems like a nice young guy. I hope he has success in life. Me, too. I hope it encouraging other people to get excited about schools in new rochelle. We second that. Great to have you today, daryl. Thanks for being with us. We leave it here. Cnn newsroom with christi paul starts now. See you tomorrow morning. See you tomorrow morning. Hey, christi. Captions by vitac www. Vitac. Com happening now in the newsroom. Sex, lies and videotape. He cal
Part of an aim at reducing gun violence. But gun advocates are not happy. In colorado, supporters of the Second Amendment protested monday outside the capital. Stating legislators are considering regulating assault weapons and enhancing school safety. Inside the capitol, former senator Gabrielle Giffords husband mark kelly urged lawmakers to pass universal background checks. Meanwhile the nra will sponsor nascars race next month in texas. This premium ad buy has some calling the race the nra 500. Some tough talk from Vice President biden towards iran and its suspected nuclear program. Big nations cant bluff. And president s of the United States cannot and do not bluff. And president barack obama is not bluffing. He is not bluffing. Addressing a powerful proisraeli lobbying group monday in washington, the Vice President reemphasized the add administrations determination to keep iran from obtaining a nuclear weapon. Mr. Biden added they are not looking for war but keeping everything on t