President obama has launched a facebook page. He says he wants it to be a place where we can have her conversations about the most important issues facing our countrys most pressing issues. His first post was about the need to address climate change. I am cory johnson in new york for my work life emily chang. This is bloomberg west. The owner of match. Com is here. Filed for an ipo. A proposed chip industry merger come under fire. Elliott management wants to break up. One plus one is indeed more than two, maybe more than 2 billion. But first to our lead, yes, looking for love from investors. Match. Com, and okcupid, seeking valuations as high as 1 billion. Match group, selling 33. 3 range of 12s in a to 14 this year, and with the sale, match could have an enterprise value of 4. 7 billion. After the sale, iac will still keep control of the company, owning 86 . Joining us is Bloomberg Intelligence director paul sweeney. And ceo of hinge, justin macleod. Justin has a dating at that compet
Months and sees 2. 9 growth this year. The Organization Says emerging economies are a source of uncertainty, and their performance has implications for the rough field. How china reaches the objective that they have in mind has a lot of implications from their supply chain partners, for commodity prices, and for advanced economies. At thelets take a look markets. Hong kong and china are currently closed, and here is how they were trading in the morning session. This is the picture in sydney, tokyo, and india as we wait for indigo to come online, its ipo at 12 30. I will be back in half hour. Time now for bloomberg west. Cory i am cory johnson in new york for my work wife emily chang. This is bloomberg west. The owner of match. Com is here. Match. Com has filed for an ipo. A proposed chip industry merger comes under fire. Elliott management wants to break up. One plus one is indeed more than two, maybe more than 2 billion. But first to our lead, yes, looking for love from investors. Ten
The greek government is obviously still working, which is understandable if you think how few days this government has been in office. We shall wait for proposals and we will enter into talks with them and there will be sufficient opportunities for this. I dont want to comment on every single opportunity bandied about. A person familiar with the matter says they are willing to wait until greece faces a cash crunch, giving them leverage over the antiausterity government. A deal is up in the air with valiant and a pharmaceutical company. Lenovo shares up the most in two years after the Company Reported a 31 rise in the third quarter. The chinese tech giant is the Worlds Largest pc maker started seeing big growth in other areas and boosting smartphone shipments. Their server business is on track for five alien dollars in annual sales after acquiring ibms server business. Now to the lead the fight is on to rule the future of transportation. It may end up being google and one of the compani
He writes in an oped at wired magazine online, im submitting to my colleagues the strongest open internet protections ever proposed by the fcc. These enforceable rules will ban paid prioritization and the blocking and throttling of lawful content and services. I propose to fully apply for the First Time Ever those bright line rules to mobile broad band. I spoke with chris lewis and doug break. Not a lot of big surprising news, but i must say that i think it is a disappointing move. It is largely an overblown response into a narrow question of what sort of Legal Authority that at the need to police the open internet. I am disappointed. You are disappointed because they are trying to change what disappoints you about it . Title two, there are all sorts of legal entities we crossed into. A big part of the open question is how the fcc will do the forbearance process . There are provisions of title two that just about everyone agrees are outdated and unnecessary. Give me one example. They w
Media companies that are reshaping our world. After months of speculation, nearly 4 million public comments. Fcc chairman tom wheeler has finally outlined his Net Neutrality program. The key takeaway, proteciton of an open internet and regulating the internet as utility. He writes in an oped at wired magazine online, im submitting not a lot of big surprising news, but i must say that i think it is a disappointing move. It is largely an overblown response into a narrow question of what sort of Legal Authority that at the need to police the open internet. I am disappointed. You are disappointed because they are trying to change what disappoints you about it . Title two, there are all sorts of legal entities we crossed into. A big part of the open question is how the fcc will do the forbearance process . There are provisions of title two that just about everyone agrees are outdated and unnecessary. Give me one example. They were written when people were using homing pigeons to communicate