We will examine techs role in the responsibility eliminating terror from social media. Softbank announce the first round of Capital Commitments for a tech investment fund. With more than 93 billion in the coffers. The vision fund is asked to top 100 million in six months time and will focus on startups in the united states. Peter l joint us from tokyo with all the details. Peter it took a long time. Softbank originally announced this in october of last year. It came from the meeting with the deputy crown prince of saudi arabia. After many months of waiting that it would close, it did they did not get the full 100 billion dollars, but they got to 93 billion. A record for a tech fund. The core investors are softbank and the Saudi Arabian sovereign wealth fund. Abu dhabi has also put in moneys as well as qualcomm, apple, and some others. One name that did not show up in the press release was Larry Ellison of oracle. It is not clear whether he is going to come in at a later round or not pa
We will examine techs role in the responsibility eliminating terror from social media. Softbank announce the first round of Capital Commitments for a tech investment fund. With more than 93 billion in the coffers. The vision fund is asked to top 100 million in six months time and will focus on startups in the united states. Peter l joint us from tokyo with all the details. Peter it took a long time. Softbank originally announced this in october of last year. It came from the meeting with the deputy crown prince of saudi arabia. After many months of waiting that it would close, it did they did not get the full 100 billion dollars, but they got to 93 billion. A record for a tech fund. The core investors are softbank and the Saudi Arabian sovereign wealth fund. Abu dhabi has also put in moneys as well as qualcomm, apple, and some others. One name that did not show up in the press release was Larry Ellison of oracle. It is not clear whether he is going to come in at a later round or not pa
Negotiating with him. Trying to get him to come down. This is tape here. This is not a live picture. The chp describes the man as distraught. Hes about 25 feet above the roadway. The coast guard, as well as San Francisco police boats have also moved in to the area. This is about halfway between the city and treasure island. Want to give you a live look of the toll plaza i mentioned. You can see the backup getting in to San Francisco right now. And its not just here. This traffic backup goes all the way into the maze. All the way into the lower east shore. Westbound 80 lanes. Past albany. This goes into 580 in richmond. 808 starting to back up a little bit. If you think about detours, you have the san mateo bridge. We have bart. You have the richmond san rafel bridge and across the golden gate bridge. Chp officer of the highway patrol. Well talk about the traffic impact in a minute. First id like to start with the negotiations to get this man to safety. Reporter yes, good afternoon. We
Decision and, in short, there hasnt been much. Wall street stocks powered to fresh records on thursday, sending asia higher, and the upward trend looks set to continue here in europe. Later in the programme, well be hearing about the reaction of Technology Companies to President Trumps decision to quit the Paris Climate Agreement. Plus, well talk about snapchat and amazon thats all with our techology guru Rory Cellan Jones. And today we want to know what you think about america leaving Paris Climate Agreement is the deal now in tatters, or can the rest of the world manage without america . Let us know what you think. Just use the hashtag bbcbizlive. Hello and welcome to Business Live. Great to have you with us. President trump has said he will pull the United States out of the paris Climate Change accord, calling it an unfair agreement that would hamstring the American Economy while empowering the worst polluting nations. In a few hours, chinese and eu leaders will issue theirjoint sta
Single day for tax reform for the gop so far i am Brian Sullivan. At a National Association of manufacturers summit in washington, d. C. , 30 minutes ago, vicepresident pence talked about tax reform and called for a 15 Corporate Tax rate we are waiting a few minutes for House Speaker, paul ryan he will give a major speech on tax reform and outline what he wants to do and when he believes he can get it done after that, he will sit down with us right here on cnbc to talk everything taxes, both from individual to Corporation Tax reforms. Michelle, a bringing day ig day. Im Michelle Caruso cab rrea the yields on bonds have hit 2. 748 snap and twitter taking a hit after facebook announced instagram now has 250 million daily active users lets listen to House Speaker, paul ryan right now as he begins his speech thank you so much, buddy appreciate it. Afternoon, everybody how are you doing . Great to see you thanks for coming out today. Appreciate it. Welcome to d. C hi, kathleen thank you. Th