Samsung says batteries were to blame for its overheating note 7 fiasco. The company has apologized and promised to tighten battery safety. Sam suns biggest business crisis killed off its flagship device with a cost projected to be 6 billion. Global news 24 hours a day powered by over 2600 journalists and analysts in over 120 countries. Youre watching bloomberg. Thats the check of the markets. We are seeing upward pressure for the regional benchmark, gaining. 3 . Japan is moving around and be composite is up. The shanghai composite up. 3 . This is bloomberg. Caroline i am caroline hyde. This is the best of Bloomberg Technology, where we bring you all the top interviews from this week in tech. Coming up, netflixs crown jewels. The company out with a huge beat this week as new customers flock to their original content grade plus, the chipmaker in the crosshairs. We will break down the case against qualcomm as the fight over licensing heads to court. And why a judge decided not to arrest s
Joint News Conference at the white house where they stressed the importance of the special between the two countries. May is the first foreign leader initially with trump since the inauguration. He confirmed he accepted an invitation from queen elizabeth. May and mexicos nieto have put some of their differences over the border wall line them. Ne on a today on a arranged phone call. They held discussions on the trade deficit, Drug Trafficking to work together. Global news 24 hours day powered y more than 2,600 journalists and analysts in more than 120 countries. This is bloomberg. Bloomberg technology. Techs cloud addiction could drive a trill dollars into the sector over the next five years and well break down vmwares big quarter with the c. E. O. And as the International Space station floats toward retirement the startup of a private space station. Amazing. But first, the man for fort grow structure expected to dramatically. Big tech ll the companies, earnings, growth. More than a tri
Ofk may have a paper loss 86 billion in fiscal 2021 as it starts to exit qe. It is estimated it will continue until 2029. The governor has so far brushed whathe need for details of will happen when his Program Comes to an end. Bloomberg. Now lets take a look at the markets,fter at the afternoon trading just getting underway here in china. Hang seng up about 3 10 of 1 . Nge in up 3 10 of one for 1 . Zhen up 1 10 of caroline im caroline hyde. This is Bloomberg Technology. Coming up, waymo editor battle it out. The latest on the five that may prove to be a roadblock to ubers Autonomous Car dreams. Plus, tesla returns to wall street asking for more cash. Why do investors think that is a good thing . And visas are in the spotlight again. A new study supports trumps claim that visas hurt the american tech workforce. First, to our lead, the alert of Autonomous Cars has two Silicon Valley giants facing off. A lawyer for uber told a federal judge the Company Plans to go to private arbitration w
Top shareholders. Chinas biggest coal miner jumped the most in eight years. 3. 6 billion dollars last year. The news was flagged in january but investors were surprised the dividend. It says that will be maintained in the foreseeable future. Mobileme, 24 hours a day, powered by more than 2600 morealists and analysts in than 120 countries. This is bloomberg. Let us take a look at the justts, afternoon trading, an getting underway. Hang seng up. 6 . Shanghai is relatively unchanged. Shenzhen down. 1 . Caroline i am caroline hyde. This is the best of Bloomberg Technology, where we bring you all of our top interviews from this week in tech. Coming up, elon musk is looking for money. He is out to raise 1 billion to bring his model three to the market. Plus, intel hit the ignition switch on its dream for the driverless car with its 15 billion acquisition. How mobileye went down. Another twist in a massive 2014 yahoo hack. U. S. Officials blame russian intelligence. First, to our lead. Elon m
Have orbited the earth. He died in december at the age of 95. Global news, 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Caroline im caroline hyde. This is Bloomberg Technology. Amazon is ready for some football. It will take over for twitter as nfls streaming thursday night headquarters. Plus, the return of mcabee. Mcafee. It spins out as a Standalone Company once more. President trump is set to host chinese president xi jinping in florida. First to our lead, in an nfl showdown off the field, amazon has scored bigtime, winning the rights to stream thursday night football. It outbid other Companies Like facebook, twitter, and google to stream 10 of the leagues thursday night games. The prize did not come cheap with amazon paying a whopping 50 million for the oneyear deal. They allowed twitter last year to stream the games for significantly lower a significantly lower price. Joining us now, gerry smith