Meddling well discuss the potential impact for facebook and for the other big tech names. Speaking of big tech names intel Ceo Brian Krzanich will be here for an exculusive interview about the companys new Autonomous Vehicle partnership with alphabets waymo unit that will be coming up a while from now. That will be very interesting. Plus, find out whether a nearly 8 billion Missile Defense deal could signal more deal making on the horizon for the Defense Industry which is enjoying alltime highs in this market today. Lets start, though, with facebook feeling more pressure from washington over those russian ad buys ahead of the election Julia Boorstin has the very latest julia . Reporter hey, kelly. Facebooks under fire for recent revelations that russians bought ads on the social network to influence the president ial election House Intelligence Committee Ranking Member adam schiff is calling on the company to testify before congress saying im distressed it has taken us this long to be
130 people dead in november, 2015. Islamic state cleansers possibility for that violence. Emergency in power Security Forces to apply the highest level of protection in the runup to springs president ial and general elections. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. I am emma chandra. This is bloomberg. Live from bloombergs world is in new york, i am scarlet fu. Joe i am joe weisenthal. We are 30 minutes away from the close of trading. Scarlet u. S. Stocks making a comeback. The day after the fed meeting and the fed said they were raising Interest Rates. Joe the question is whatd you miss . Scarlet plus, is cash still ken harvard economist rogoff wrote a book about the sinister side of cash, and we might be seeing those effects in countries like india and venezuela. He will join us in the next hour. And 20 states to mylan and other generic drug makers of conspiring to raise drug prices. We will speak with the connecticut
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
Verizon is selling to Frontier Communications for 10. 5 billion in cash. Verizon is selling wireless towers to the already indebted American Tower corporation. A quick round up of tech Earnings Call of duty maker activision, stocks tumbling. The company says a strong u. S. Dollar will hurt profits going forward. Former parent vivendi plans to sell the rest of its stake in activision. 867 million worth of stock, although a little bit less afterhours now. Go pro, shares surging 75 in the key fourthquarter. The camera on the stick is going to get better. They are talking about a new camera on a stick called the hero 4 camera. Go pro profits, 122 million in the quarter. Earnings report, not so rosy for pandora. The Internet Radio service added 5 million active listeners in the quarter, but the overall growth rate is slowing. Yelp posting profits of 32. 7 million in the fourth quarter, a lot of it due to a tax item. Another tech Company Reported earnings today, twitter and linkedin both rep