Ride hailer to a group led by softbank. Implies a the deal valuation of 48 billion for uber and more than a billion will be invested. It makes softbank one of ubers largest shareholders and counts seats on the board. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Lets take a look now at the markets. Hong kong and china, currently closed for lunch but heres how the morningading in session. This is the picture in and mumbai. Okyo back in half an hour. Time now for the best of bloomberg markets, middle east. [music] im cory johnson in for emily chang. This is Bloomberg Technology. Softbank c. E. O. Masayoshi son is about to add to portfolio. Uber investors agree to sell him stake. Great story here. And the Silver Lining for one of worlds most valuable. A look back at a year uber but wewants to forget, werent. More highlights and interviews, technology in the last year. I think months to happen. Heres what Masayoshi Son had to say
Pagers and other similar soundproducing Electronic Devices are prohibited at the meeting. Any person responsible for one going off may be asked to leave the room. So, please turn your phones off and not to vibrate because when it is on vibrate mode, it causes microphone interference. Thank you very much. Item fours approval of the minutes. Do i have any Public Comment on the minutes . Madame chair, we have not received a a speaker card and it doesnt look like anybody is addressing you. Seeing none, do i have a motion to approve the minutes of november 21 . To move. Second . Second. All if favor . Aye . None opposed. Approved. Item five, communications. Madame chair, directors, an item on your consent calendar, item 10. 2 with regard to establishing a towaway, no stopping anytime except for San Francisco Police Department vehicles has been asked to be amended by staff. The original proposal is to remove parking on fillmore street right on the east side and the west side. Further discuss
S p up 17 points higher and the nasdaq up 38 points higher. Give it a little context. Give it a little context. The china situation. What did it do yesterday . It was bad. It was bad. No today. It was bad. Closed already. Closed already. It had gone down as much as 5 in the morning. So they have indicated theyre ready do more if necessary. But people dont necessarily believe that theyre ready to do more because it can only do so much. And if they truly are trying to open up Capital Markets and inflow and be more free market orient, the more that theyve manipulated, the less it looks like theyre going that way. Right. Because then you dont actually trade on fundamentals. Youre always trading is the government going to come in or not. Weve been trading on that too for years now. You mean like for banking shares . I mean we dont have the u. S. Cogovernment coming in and buying stockmarkets. Are you talking about the feds . You dont believe that. I do believe that. You do. I believe every
An embarrassment to the u. S. In mexico city, three more people have been confirmed dead, bringing the death toll of last months magnitude 7. 1 quake to 366. Nearly 2 3 of the deaths were in the capital city. The quake occurred september 19. The first lawsuits have been filed against the trump administrations new travel ban. It is filed by a coalition of advocates that argue that restricting travel or citizens of predominantly muslim countries violates the u. S. Constitution. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Emily this is bloomberg technology. Im emily chang. We are live from the vanity fair new establishment summit in los angeles with a fantastic lineup of guests, including mark cuban, Walter Isaacson, and the discovery ceo. But first to our lead ubers , board room holds a crucial meeting after months of internal battles of the company with former uber Ceo Travis Kalanick gra
And when the cameras and he has a bigger platform. Its completely different and what i said to our team was if you have a message our you want to convey to fans in the media, lets just say it. Say whats on your mind. If you know, these types of protests that the nfl does, you lose control of the narrative and so its not the right way to it. You dont think they should have protested in that way . Im all for civil disobedience. It was their only opportunity to do that. They didnt have a platform otherwise. Nba is completely different. We have much stronger platforms. We have a far better way to message. Te a is this a battle that President Trump should be picking . No but you know what . Not its not about sports and politics because sports is part of politics, you know. Sports people, athletes, owners whatever endorse candidates, etc. But come on. Thats who he is. To me, theres three donald trumps. Theres the one trying to be the president , theres the salesperson and the twitter troll.