Attorney general Jeff Sessions says doj officials believe they can ban rapidfire bump stock devices without action from congress. That comes after President Trump ordered the Justice Department to work towards banning those devices, which allows semiautomatic rifles to mimic machine guns. Puerto rico says delays by the Treasury Department in getting Disaster Relief to the island has put the u. S. Territory in a dangerous financial dilemma. The islands governor says the 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 ring. How this plays into the ecommerce giants larger delivery strategy. Plus, comcast reaches for sky and raises the st
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
Bias is i think Kevin Mccarthy will probably win. But it may not be easy and the important thing is what you raise, greta. There may have to be concessions made which would weaken the next speaker and diffuse authority over Committee Assignments and things like that among the rank and file in the house. Im not sure what their exact demands are. They want more power. Less power, its up. Well, the process of legislation is always messy. Right . Theres always bargains and people use the power that they have to try to manipulate things to their satisfaction. This is not necessarily new. Its being done all out in the open right now. Thats the way things are done these days. It looks messy, it is messy. Id say that the question is what is the policy consequence of what theyre for. If the i mean i dont see how the House Republicans can go further right and expect the image of their party to be one that a majority of americans will accept. I mean they seem to be theyre certainly antiimmigratio
The country as our state of the military and economic re what have whatever the aspect of their state are. They simply dont know. Those who know goes on all down, walk out. And thats why we want, you know, some kind of the informational bible on bar and thats what it is. I mean, no matter how you try to reason those people can reasonably understand that they go to tom tom because this is a big surprise. You know, they, you know, we always have to point out in this program is that when you have a bad narrative, you get bad results. Ok, and this is result of this narrative. The interesting question is going to be is what will kill with the backing of the us continue with the sabotage events like the nord stream, like the cried me in bridge because you now they know what the reaction of the russians is going to be the question i want to ask all of you before the program is up. Why didnt this happen or after february 24th, but maybe thats a moot point. Tom, go ahead. Well, when i say peter
This we have no explanation at this point. Tonight we want to know what you think, and tweet us using germanwingsqs. What is the latest on the recovery efforts, nic . He is min the french alps. Don, due to the restart in the next few hours as soon as the sun comes up you can expect the helicopters to be coming in here to pick up the recovery teams, and they are two team members and a mountain guide. What is different here and you can maybe see my breath in the air, and the ground is thick with frost. We are 4,500 feet and where the recovery is going son 6,000 feet. And the ground below me is covered in a layer of ice that. That is what the recovery workers will find high in the mountains tomorrow. It is going to be dangerous, and treacherous underfoot, and we have seen picktures can of them on the poun tain with pictures of the aircraft and it is steep. In the best of times, and in good conditions it is difficult going, but this is what they are going to be facing. And what are the rel