Homeland security secretary jeh johnson today visited louisiana, where severe flooding has impacted the Southern Region of the state, as well as ongoings ongoing response and recovery efforts. Federal governments issued a disaster declaration for 20 parishes. Brazilian authorities are accusing american swimmers of lying about being held up at gunpoint. The countrys chief of civil police as the four were confronted by Armed Security guards after leaving a party in a rio suburb. Press reported that two security guards pointed guns at the athletes during the dispute at a gas station. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. I am mark crumpton. Emily im emily chang, and this is bloomberg west. Uber hits the gas on its push into self driving cars. All the detail on the companys biggest acquisition to date and its driverless car pilot in pittsburgh. Can apple cut its smart watch free from the iphone . We will bring you a previ
Trump Campaign Chair Paul Manafort has stepped down. The unexpected resignation comes after the Campaign Announced a major shakeup, the second leadership reshuffle in two months. Manafort had also come under increasing scrutiny due to his past consulting for the former prorussian president of ukraine. Trump said in a statement he expected the resignation. The death toll from the terror attack in the french resort town of nice is now 86. The latest victim had been at a hospital, and died from injuries sustained during the july 14 massacre. He is the second hospitalized person to die in the attack. Dozens more were injured when a tunisian living in france drove a truck into a crowd of people celebrating bastille day. Islamic state claimed responsibility. Global news 24 hours a day, powered by 2600 journalists in more than 120 countries. I am Ramy Inocencio. Emily i am emily chang, and this is bloomberg west. A disappointment in court for uber after a california judge rejected a settlemen
Massacre. Dozens more were injured when a tunisian living in france drove a truck into a crowd of people celebrating bastille day. Islamic state claimed responsibility. Global news 24 hours a day i am Ramy Inocencio. Emily i am emily chang, and this is bloomberg west. A disappointment in court for uber after a california judge rejected a settlement with drivers. Does it open the door to a trial . Are there any Silver Linings . We will discuss. And it could be the biggest leak at the nsa since the 2013 revelations of Edward Snowden. We will introduce you to the shadow brokers. And signs that xiaomis grip on the chinese Smartphone Market is slipping. We will hear from Vice President of Global Operations hugo barra about the outlook at home and abroad. First to our lede. Lyft fails to find a buyer, according to the new york times. They have been said to approach several parties about a sale. Apple, google, amazon, uber, and didi, although the most serious conversation happened with genera
In a new letter to tim cook, he argues that apple should buyback more shares. And says this stock is grossly undervalued. He believes the stock should be worth 240 a share, that is up 85 from todays Closing Price of 130. The increase would give apple a market value of 1. 4 trillion. Joining me from d. C. , tim covers apple. Obviously icahn and tim cook have a relationship. What is he trying to a copy which with the open letter . Tim he has been putting pressure on apple to increase buyback. This is the first time apple has responded several times in the past. They said they would increase the Capital Return Program by 70 billion for the neck two years. Your is carl icahn a few weeks later saying that we would like to see a bigger buyback. Emily he kept saying that if you focused on cars and television, you could work something out in terms of raising your value. Is tim cook going to listen to what he has to say when it comes to products . Tim he is also talking to the market in general
Users receive the services privately. Dario has locations all over the united states. Bloombergs anchor betty liu was at the supreme court. I asked her what the feeling was like on the ground as both sides made their case. I saw an interesting dynamic layout. Paul clement and David Frederick came out and made their closing statements to the press. In that crowd, emily, was a man who backs aereo. I asked barry, how do you think things went in the courtroom . He said, you know what . I think things went well. He listened in on the broadcasters and walked off. A lot of people thought that there he would perhaps just slid out the side door. He just couldnt help himself, emily. Tell us who the players are. Yet the broadcasters on one side and the Obama Administration have come to their support. The department of justice came down in support of the broadcasters. On the aereo side lots of Silicon Valley. Dish networks. They wrote a brief in support of the company saying this is basically what