And, libra drilling. Facebook Ceo Mark Zuckerberg is anticipated to face lawmaker questions on the controversial cryptocurrency on wednesday. We cover what to expect. First, our top story. In latel as much as 10 trading after reporting thirdquarter earnings. Revenue and user growth beat analyst estimates. It has been boosted by an increase in downloads to the revamped android version. Questions remain about longterm monetization. Someone fromng in bloomberg intelligence. I have a chart here that i am showing in my terminal. Seems like those daily active users knocked it out of the park. Were prettys strong. Q4 guidance fell short. The stock is up 154 year to date. Evaluation, to sustain that valuation level, it fell short. The user number is the hardest one to really beat. Everything else is in their control. Monetization, cut costs if they want, but the user growth is the harder metric. The fact that they are projecting better than expected user growth in 4q as well, it is showing tha
Spreeor the buying during chewing dotcoms first day of buying has really been seen since the 2008 crisis. The u. S. Justice department is nearing approval of tmobiles 26 billion merger with sprint. This is according to the New York Times. A group of states sued to block the deal claiming pressure on the Justice Department. Our reporter joins us from new york, what do we know . Has been the doj continuing negotiations with sprint and tmobile about how to approve the deal. Sprint and tmobile have promised to do vest a number of assets that include the prepaid phones. Also some spectrum assets to the sec. The doj torking with potentially offload some other assets. They have a list of buyers the doj would be comfortable going to. Sprint and tmobile are working with them, that includes dish and others. For ahe doj wants is fourth carrier to be set up out of this deal. Even after sprint and tmobile merge, which would take the players in the market from four somebody the doj want to provide v
Chewing dotcoms first day of buying has really been seen since the 2008 crisis. The u. S. Justice department is nearing approval of tmobiles 26 billion merger with sprint. This is according to the New York Times. A group of states sued to block the deal claiming pressure on the Justice Department. Our reporter joins us from new york, what do we know . Reporter the doj has been continuing negotiations with sprint and tmobile about how to approve the deal. Sprint and tmobile have promised to do vest a number of assets that include the prepaid phones. Also some spectrum assets to the sec. They are working with the doj to potentially offload some other assets. They have a list of buyers the doj would be comfortable going to. Sprint and tmobile are working with them, that includes dish and others. What the doj wants is for a fourth carrier to be set up out of this deal. Even after sprint and tmobile merge, which would take the players in the market from four to three, the doj want somebody