Lavongo on their merger and the first companys earnings report. David has news on microsoft and tiktok. Want to continue to update a story were following closely given we have not seen anything like it. Tiktok the incredibly popular social media app in the u. S. And around the world, bytedance its owner, the u. S. Government saying we will shut tiktok down in the u. S. Unless you find a way to transfer all of it to u. S. Ownership and microsoft playing the role as potentially the only suitor for the business i wanted to bring everybody up to date on new reporting that ive got because it is interesting. Both sides right now, bytedance and microsoft and of course the u. S. Government is still very much involved in this as well are negotiating to try to reach some sort of an agreement under which microsoft would buy the u. S. Business of texas toks u. S. Bit from bytedance within the next two to three weeks. That seems to be what theyre hoping for in terms of a timeline obviously in these
And joe santoli. Joe and andrew are off today with the storm and everything going on, thank you for being here it was one nasty storm. It did a number when you think about businesses dealing with a lack of power, it is like the plague coming down well start this morning with the markets. Nasdaq with the fifth straight positive day up 22 for the year to date. Pretty good day for the dow and s p. S p indicated up close to 20 points the dow up close to 200 points and the nasdaq up as well. The treasury story has been incredible yesterday, the 10year note at a record low this morning, the yield is at. 526 it seems the context is the same, which is the dollar weaker you see that downward pressure foreign treasuries can buy our equity yield we have bond yields below inflation. That means huge tech stocks that means gold and bonds b. What are the implications for this market and the companion market corporate wise, you have earnings better than give uptype forecast analysts could have a good
Common anniversary which featured prominently on the news all day. When it came to newsnight on bbc two, Emily Maitlis signed off with the programmes own take on the landmark occasion. Before we go on the 20th of november 1937 under grey skies and cheered on by thousands of well wishers, princess elizabeth married lieutenant philip mountbatten. 70 years later the queen and Prince Philip are celebrating their Platinum Wedding Anniversary but the relationship with europe was about to change. Spain was in crisis as warring factions fought for control. Some things dont change, including those grey skies. Here are some pictures from the 1937 day. Goodnight. Apt parallels between 1937 on the present day but was the wedding of the queen and Prince Philip actually in 1937 as confidently stated there twice . No, the year was 19117. Surely it should have been apparent that the princess elizabeth would not have married at the age of 11. Who checks facts . Surely Emily Maitliss common sense should
Steve smith shows why hes the worlds number one batsman with a century as australia go past englands total in the opening ashes test. As analysts predict record spending on black friday, we hear the thoughts of some keen bargain hunters. Just came for black friday, ended up buying a television, headphones, clothes, jewellery, all sorts of things. And ben has the weekend weather. Good morning. A cold, frosty and in places icy start but the reward will be some crisp autumn sunshine. Some wintry showers as well. All the weekend weather details coming up. See you soon, ben. Good morning. First, our main story. Egypts military says it carried out air strikes on those behind the deadliest islamist terror attack in the countrys recent history. 235 people were killed and more than 100 injured after gunmen detonated a bomb and stormed a packed mosque in north sinai yesterday. Egypts air force says it has destroyed vehicles used by the militants, as well as weapons and ammunition at what it desc
Live, where you live. This is abc 7 news. I think apple is going to be contending with a lot of questions that come out of this. Apple, out with an apology tonight to iphone owners for deliberately slowing down older phones. But, is that enough . Good evening. Apple said that the whole thing is really just a misunderstanding. A tech expert we talked with tonight said that the apology could have a big impact on the Company Going forward for better or for worse. We are in the newsroom with the story. Reporter starting in late january, apple is dropping the price of replacement batteries from 29 to 29 instead of 79. This move may cause more iphone users to hold on to the older models. Its hard to say if it will repair Consumer Confidence in the product. Hmmm, okay. You know, i unfortunately had to be one of the people that paid more. Reporter suzanne spent 79 dollars on a new battery for her iphone six. The s the Text Messages wo take a long time to show up. She is thankful for the apolog