Calls for 2020 what sectors he is betting on. We examine streaming content providers. As disney and apple enter the fray. Peacockl 2021 hold as enters the market. A partial trade deal between the u. S. And china will ease a key risk for investors. The index rose in the wake of the agreement. For more, lets bring it bloombergs Abigail Doolittle. Is this all about the trade agreement . Abigail interesting question, because the euphoria we are feeling today, it would seem that way. Rallyis has been a huge year. 40 ,tocks into october of so we do have solid gains after that fact. The tone was set earlier in the year. Last year, we had that horrible first horrible Fourth Quarter. This year, going into the end of the year, it feels as though traders and managers really trying to hang onto those gains and stoke them. We seem to be having more of that response happening today and probably into year end barring a shocking sort of event that seems unlikely right now. Upgraded today on nonrecover
Makes their company ceo. Their company so unit. So unique. Silicon valley is listening to your most intimate moments. It is the focus of bloomberg businessweeks indepth piece on how the Smart Speaker praise users vulnerable to the conversations being transcribed. Here with the story including the devices and use of contractors to transcribe those attimate conversations is m in seattle, sarah from San Francisco, and austin from new york. Let me start with you come austin. The management with you, austin. We spoke to dozens of transcribers and contractors in the stories. Everywhere from ireland to india. They really had ethical quandaries with the service, they were eavesdropping on a lot customers toexa improve speech recognition capabilities. Is really fascinating thing the profound disparity you mentioned. A lot of the contractors felt this was ethically dubious. The Silicon Valley folks that we talked to really did not think this was such an issue at all despite years of privacy issu
The tv industry suffers its steepest drop in ad sales since 2009. What that means for streaming. First, our top story, the challenge to tmobiles sprint merger took shape in a courtroom on monday. The combination of 13 states and the district of columbia suing to stop the deal. With the latest, jennifer was in the courtroom. Day one, what is your big take away . Jennifer it started with a surprise because the judge said, we are not going to have opening statements. I read enough in the pretrial memoranda, lets go straight to the witnesses. That was a big surprise, particularly for the lawyers who spent a lot of time preparing those. The judge is really intent on getting this done in two weeks. This was part of that, getting things moving quickly. We got right into the first witness, basically got through 2. 5 for the day. Overall, the witnesses were pretty good. They were better than i thought they would be for the companies. There were some bad documents introduced with the first witne
We will hear from her. Strong debut. Shares of alibaba the trading in hong kong, ending the first trading day above listing price. Our top story, uber and its uncertain future in london. The citys Transit Authority has refused to grant them a license, saying uber failed to adequately verify driver identities. The ceo swiftly responded, tweeting that the decision was quote wrong. He had said safety is the Company Priority and will appeal the ruling. Londons mayor says much more needs to be done with regards to safety. I am keen for london to be a hotbed of innovation but you have got to abide by the rules. What is clear is ubers policy and practices mean passenger safety is being compromised. Emily i caught up with a guest, asking him if uber or the technology itself allowed taylor i caught up with a guest, asking him if uber or the technology itself allowed drivers not to be verified. The issue here is whether drivers in london were able to get on the platform even though they were not
And a scathing report prominent shortseller andrew left of citron slaps a 5 price target on peloton. Well hear from left. But first, to our top story. Silicon valley is listening to your most intimate moments. It is the focus of bloomberg businessweeks indepth piece on how the Smart Speaker craze left users vulnerable to their conversations being transcribed. It was one of the most read stories on the terminal on wednesday. And here with the story, including the devices and use of contractors to transcribe those intimate conversations, is matt in seattle, sarah from San Francisco, and garrett and austin in new york. Let me start with you, austin. Contractors in your story seem to have a problem with this, while the management of big tech didnt. Why . We spoke to dozens of transcribers and contractors in the story, everywhere from ireland to india. They really had ethical quandaries with the service. They were eavesdropping on a lot of siri or alexa customers in order to improve the sys