A Consortium Including 4a is change since 27 the last close. Home pricessydney fell the most in five years. Lets check the markets. Hong kong has close for the christmas break. Closing the shortened day, one half a percent higher. Shanghai will open after the lunch break, down 1. 4 . This is how they looked in the morning. This is a picture in singapore. Looking likeel this. Time now for bloomberg west. Emily i am emily chang. This is bloomberg west. Pirate or Freedom Fighter . A new ruling says kim dotcom can be extradited to the United States. Beatles fans finally get their wish, the music debuts on spotify and other services. The worlds most popular drone maker tries to stay ahead of the pack with its first retail dealership. And a legal setback for a largerthanlife internet entrepreneur. A court ruled that kim dotcom can be extradited to the states to face charges. Following the ruling, he spoke to reporters outside the courthouse. This is not the last word on the matter. We will f
Transcripts For BLOOMBERG Bloomberg West 20160120
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The shanghai composite is up close to 1 right now. See more ofnuing to a rally in hong kong here, despite very cold weather here in hong kong. We are getting trade numbers, early from this morning. The trade balance is back to black. Dont be fold. Fooledexports and just dont be fooled. We saw exports falling. What a loss. Exports have really grown. Helped in yen december. Most are saying this trade balance has narrowed annually, compared to the record we have seen. It has fallen about 80 . Again, people are saying Commodity Prices are slumping more than expected, which is why we are saying this narrow. In the past, year to date, if you continue to see it here, i have strength of 1 , a reversal to call for the weaker yen. Doj to move. The we have heard from harry corona that that might actually happened. I want to end on gold. That is the new safe haven. It is going to stay up 3. 7 today. We are going to break that 1100 mark. People are looking at this once again. Oil is front and cente
Shares of ebay soared today after a report the company is considering spinning off its paypal unit. First, to our lead story. Salesforce is no stranger to spending, buying Companies Like exact target, striking a partnership with microsoft, and spending on new office space like the Salesforce Tower in San Francisco. In the second quarter, the Software Company reported sales of one point 3 billion, up 38 . Some of those moves are adding to the top line. Salesforce is also planning a major Product Announcement at its dream force conference in october. Shares up slightly. Joining me is our editor at large, cory johnson. What do you make of the results . A huge jump in revenue, but a loss. The 5 billion company that grew 38 and generated north of 200 million in free cash flow. They do spend a ton of money. Cory, would you complain . You complain about anything when you get the chance. [laughter] thats not true. Salesforce has vast fortunes in acquisition here. It has heard gross margins. Gr
Speculation. But hes been busy shuffling his c suite, tweaking twitters product, and focusing on revenue. Costello spoke with us. Topic number one, twitters acquisition of nearby project a company that connects social media stars with advertisers. Its absolutely the very beginning of providing opportunities to viners who have done such great work at building this unique community of creators and connecting them to brands we think is just going to be a usome for the brands who want to leverage the great work they do to create stories and then build a career off the fun things. Do you find yourself competing with snap chat with this new generation of video creators . I think about it more as this unique platform weve developed and this awesome there are these stop Motion Animation experts, there are these comedians, there are these sort of vine magicians through some of the frame by frame animation work they do. And being able to leverage their talents to help brands and companies tell t
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