This is three hours. [background noises] good afternoon. The subcommittee will come to order the chair recognizes himself for five minutes for an Opening Statement. Welcome to todays educational hearing on the state. I look forward to our hearing today from our witnesses representing a wide range of viewpoints across the industry. The video marketplace is rapidly changing. For over half a century americas Video Program and one white on the television in their home. Tvs and devices allowed for the string platforms to provide new choices to consumers beyond over the air and tenants satellite disk or cable. Americans are no longer tethered to rigid tv schedule. Today viewers can choose where and when they watch tv whether its at home, on the go or everywhere in between. This industry shift has ushered in redefining how we entertain, educate and inform ourselves. Access to highquality content statistics tell americans preferences are changing the streaming becomes easy and affordable choic
Scientists predict that before long new drugs will help delay the way our bodies age. And coming up on sportsday on bbc news, could Manchester City continue their unbeaten domestic run and reach the semi finals of the league cup with victory over leicester . Good evening. Police in derbyshire and South Yorkshire say theyve taken action to prevent an alleged islamist terror plot that could have been carried out during the christmas holiday. Early this morning four men were arrested on suspicion of terror offences and bomb disposal teams were sent to the scene of one raid in chesterfield. They were working with large numbers of police as our correspondent reports. A street in central sheffield tonight, the second placed the Army Bomb Disposal unit searched as part of this terrorism investigation. Early this morning two men were arrested here in bedsits adjoining a Muslim Community centre. Tonight the Muslim Association of britain said those detained had no connection to the centre. The o
Renominate anyone he wants installed. Steve bannon and Corey Lewandowski have been asked to testify before the house intelligence committee. The panel is investigating russian interference and the 2016 election. Neither one has responded. And the worst appears to be over for a Massive Wildfire that plagued the Southern California coast for two weeks. Mandatory evacuation orders have been called off. At its peak, it drove about 100,000 people on their homes. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. I am a alisa parenti. This is bloomberg. And more of Bloomberg Technology is straight ahead. Emily im emily chang and this is Bloomberg Technology. Coming up, bitcoin bears the bubble theory. Prices come crashing down. Our deep dive into the four day selloff. Plus, validating and apple urban myth, the real story between older and smaller iphones and he the lawsuits starting to pile up. The battle between two c
Mr. Thornberry mentioned about ack which situation reform and making sure the system works better. I thank the chairman who has taken the lead on this issue. I think we have made significant improvements while acknowledging that we still have a long way to go to get the efficiency out of the pentagon budget. I think this bill does a great job supporting the troops and their families. Its basically the case we recruit a Service Member but you retain the family, and that means you have to provide for them. We support the 2. 5 pay raise in this bill and support the troops and their families in many different ways. This is a very good product. I also want to say, and i want to thank representative langevin on this issue. This bill states that Climate Change is a National Security threat. We make that the policy of the United States congress to acknowledge Climate Change and the impact that its going to have on our National Security. And representative langevin was tireless in making sure t
Eases the strain as the city looks ahead to the olympics. China has a puzzling problem, the labor market tight, unemployment low, yet wage Growth Continues to be week. Weak. We rarely talk about Wage Inflation in china. The other thing counting down to the open in china, last week, we that roller coaster ride brought together the nasdaq have a look at my chart btv 6495 on your terminal. We are looking at valuations about the same, 35 times current earnings. Is downhelp the chinext 14 while the nasdaq is up 18 . Perspective,ion right at parity. We talk about the nasdaq the nearer ring of that gap. We have a huge week when it comes to tech earnings, amazon, facebook, twitter, also big financials. That will determine the tech rallysoftware that goes from here, then looking ahead to the fed and u. S. Gdp at the end of the week, the imf report also interesting to see how they see u. S. Economic growth. On the last one, they did downgrade it. We are 30 minutes away from the open. Southeast a