Inflation numbers are up. Sharper than expected. You are looking at yields at tenyear at 2. 6 . We have news breaking overnight. Uk watchdog giving the green light to the microsoft 69 billion takeover bid of activisionblizzard. It removes the hurdle for the deal to close. The regulators said this deal would stop microsoft from locking up competition in cloud gaming and preserve customers. In a post on x, brad smith said we are grateful for the review and decision today. We crossed the final regulatory hurdle to close the deal to benefit players in the gaming industry worldwide. This has been one for the books. Saga that i dont think anyone was anticipating would go on this long. Given all of the regulatory hurdles. Maybe the ftc. And cma. There was a question of if they would ultimately approve it. 22 months. A long time coming. A lot of questions of what this means. Just about every deal will be questioned by the doj or cma. Microsoft took the extreme steps and saying we will do whate
Today as well. Governor powell has had an accomplished public and private sector career in Financial Services. He served as an assistant secretary and under secretary of the treasury under president george h. W. Bush where he was responsible for policy on Financial Institutions and the treasury debt market, among other areas. He also has firsthand experience in Investment Banking and was a partner at the Carlyle Group before being appointed to serve on the board of governors in 2012. During his years in service in government and in the private sector, governor palace proven he is qualified to lead the fed. It can from he will play an striking thee in proper balance between the need for safe and sound Financial System and the need to promote a vibrant growingun economy. Over the past year ive been a curse to see the federal regulators carefully and thoroughly evaluating current laws and regulations. Government powell fishery specific areas in the past where the fed believes some laws an
At the box office, disney double down on fantasy. Lead, this week we brought you Bloomberg Technology from the conference in laguna beach where we had conversations with some of the biggest names in tech. Lets start with my interview with arianna huffington. We spoke about the changing role of travis kalanick. He is on the board, and he is very active. He obviously built uber into the juggernaut it is now. He passed the baton. It was a very nice transition of power. The new ceo has been amazing. He has been handling all the problems whether it is what is happening in london with the suspension of ubers license to the deal and process with process withn softbank, he has been a great leader. He has shown he is very committed to building a thriving culture and company. Emily you mentioned the difficulties faced in london, elsewhere,gal probes how do you see the lifechanging around the world Going Forward . Better at to do serving the communities where uber exists around the world. We need
Why ceo bob iger believes it superhero showdown, musical animation, and of course will pack theaters this fall. First to our lead, this week we brought you Bloomberg Technology from the conference in laguna beach where we had conversations with some of the biggest names in tech. Lets kick off with my interview with arianna huffington. We started talking about ubers volatile year and the changing role of travis kalanick. Arianna he is on the board, and he is very active. He obviously built uber into the juggernaut it is now. He passed the baton. He was the one who introduced darrah at the all hands when he took over as ceo. It was a very nice transition of power. He has been amazing. He has been handling all the problems, whether it is what is happening in london with the suspension of ubers license to the deal in process with softbank. He has been a great leader. Confidence and willing to show humility in the appropriate times and very committed to building a thriving culture and compa
From the conference in laguna beach where we had conversations with some of the biggest names in tech. Lets start with my interview with arianna huffington. We spoke about the changing role of travis kalanick. Arianna he is on the board, and he is very active. He obviously built uber into the juggernaut it is now. He passed the baton. It was a very nice transition of power. The new ceo has been amazing. He has been handling all the problems whether it is what is happening in london with the suspension of ubers license to the deal in process with softbank, he has been a great leader. He has shown he is very committed to building a thriving culture and company. Emily you mentioned the difficulties faced in london, multiple legal probes elsewhere, how do you see the lifechanging around the world Going Forward . Arianna we need to do better at serving the communities where uber exists around the world. We need to make sure we add value to communities. Added value in terms of transportation