Moon, super big and superbright. The first time in 15 years of bloomberg has synced up with a supermoon and a total lunar eclipse. Global news, 24 hours a day, powered by more than 2700 journalists and analysts. This is bloomberg. Emily im emily chang. This is bloomberg technology. Coming up, facebook, hit and miss. Our look at fourthquarter earnings for the social media giant and the most concerning metric or wall street. For wall street. How microsofts push into the blockchain and the cloud added to its bottom line added to the its bottom line this quarter. How microsofts push into the as Travis Kalanick and larry page get ready to testified. Facebook reports its fourthquarter earnings results. Here are the highlights. Revenue coming in at nearly 13 billion, beating the highest estimates from analysts. Monthly active users totaling 2. 1 3 billion, while daily active users came in at 1. 4 billion, slightly below forecast, one of the most important metrics that wall street cares about.
And cnn reports President Trump wanted to know where special counsel russia investigation was headed and asked if Deputy Attorney Rod Rosenstein was, quote, on my team. The top doj official in the russia investigation has sought trumps support in fighting off document demands. And the moon puts on a rare cosmic show today, a red blue moon, super big and superbright. The first time in 15 years a blue moon has synced up with a supermoon and a total lunar eclipse. Global news, 24 hours a day, powered by more than 2700 journalists and analysts. This is bloomberg. Emily im emily chang. This is bloomberg technology. Coming up, facebook, hit and miss. Our look at fourthquarter earnings for the social media giant and the most concerning metric for wall street. Plus, microsoft earnings also on cap. On tap. How microsofts push into the blockchain and the cloud added to its bottom line this quarter. The court battle between uber and waymo. We will get coverage as Travis Kalanick and larry page ge
Gauge the economic impact. Two key quotes from the boston district. Restaurants from the berkshires, cape cod, the shore, experienced staffing shortages those historically relied on Seasonal Workers needing h2b visas. Labor shortage had negative effect on revenues in the high tourist summer season. Political situation is negative influence on hiring. Health care reform was singled out as a source of instability as job applicants seek employerbased coverage as the top job benefit. The headline here again, from the beige book, in spite of a tough labor market, the majority of districts reporting limited wage pressure and moderate to modest wage growth. This is a recurring issue that has been troubling members of the Federal Reserve several months. Back to you. Trish one of the questions i have, what about Hurricane Harvey, too early to gauge any sense whether or not the hurricane will play into much Overall Economic activity . Yes. Trish we know it will but reporter we heard from a membe
Appreciate all of the support from everyone. 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. Bloomberg technology is next. Emily im emily chang. This is Bloomberg Technology. Coming up, a bloomberg scoop. Apple dives deeper into ar and could have been augmented reality headset in stores by 2019. How the new device will stack up against competition. Plus, a startup going headtohead with amazon. The ceo, bashed in lemon bastian lehmann, joins us. The l. A. Clippers owner and former microsoft ceo joins us for a wideranging interview. Venture intends to hold the government accountable for achieving tax goals. Bloomberg is reporting that apple is said to be developing an augmented reality headset that could be in stores by 2019. A couple things will set this apart from existing available ar devices. It will contain its own display, so you wont have to insert your smartphone into the rig. It will
The uncertified inspection scandal. They say the u. S. Market will be critical. Yvonne markets seem to like the dealmaking that could be happening in asia. The donald trump a visit we have been calling it in the region, gone pretty smoothly so far. The state visit in china, they havent rolled out the red carpet, the chinese opera. It seems this relationship between president xi and trump has softened more. We will talk about the deals we are expecting. Betty 250 billion worth. A common theme that we are hearing from many of our guests is, the real work is going to happen afterwards. It is nice to see the pomp and circumstance. But really, the real work, the nittygritty will happen after the niceties and handshakes are finished. Lets get the first word news with courtney collins. U. S. Tax changes move a step forward thursday. The Senate Finance committee scheduled to release its proposal. Republicans plans outline the bill with gop colleagues after facing criticism from inside and outs