Hauling back. We are told the target will not that having9 , and not been lowered since 2012. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Let me get you a quick check of markets. Closing bell in australia. For the markets update, this is bloomberg. Emily im emily chang and this is bloomberg technology. The fight for smartphones the premises. The way and on the upcoming battle between the iphone x and the Samsung Galaxy s9. Believes the trump team and its mastery over analytics won the election. Itsaba put tencent and crosshairs. In its crosshairs. First, to our lead, the battle of the smartphone. Samsung has come up with its response. The company unveiled the newest off the heels of this announcement. Apple is preparing to release a trio of smartphones. Handset comes the same size of the iphone x. Apple is already running production tests with suppliers. An official announcement is expected in the fall. M
To highlight each though i do want to call attention to a couple of resolutions expressing the Guiding Principles on broadband infrastructure that should underpin our efforts first. Any funds for broadband in an infrastructure package should go to underserved areas. Second, as noted, the federal government should not be picking winners and losers in the marketplace. It should be competitively and technologically if we adhere to these principles im confident we can avoid the pitfalls. Most Important Congress should be mindful of the significant amounts of private capital to support broadband deployment. Since the passage of the bipartisan 96 act, the private sector has invested roughly 1. 6 trillion in the networks. To classify the competitive broadband market place under title number two of the Communications Act and an outdated relic of the 1930s monopoly era. To conduct the illconceived policy and return to the accusatory approach. In the best communication they have the highest Econ
And all of the thoughtful proposals and great work from the staff of those of repub progress. The bills to be extended are targeted and promoting innovation, cutting the red tape and advancing Public Safety. To highlight each though i do want to call attention to a couple of resolutions expressing the Guiding Principles on broadband infrastructure that should underpin our efforts first. Any funds for broadband in an infrastructure package should go to underserved areas. Second, as noted, the federal government should not be picking winners and losers in the marketplace. It should be competitively and technologically if we adhere to these principles im confident we can avoid the pitfalls. Most Important Congress should be mindful of the significant amounts of private capital to support broadband deployment. Since the passage of the bipartisan 96 act, the private sector has invested roughly 1. 6 trillion in the networks. To classify the competitive broadband market place under title numb
Got a lot to talk about. With 25 bills introduced in time to be a part of todays hearing. I very much appreciate all of the thoughtful proposals and the great work from the staff, both the republican and the democrat side, and i look for to seeing progress as a move to the next few weeks. These legislative initiatives follow the leadership of President Trumps recent efforts on broadband infrastructure. The bills to be examined in this hearing are targeted at promoting the innovation, cutting red tape, and advancing Public Safety. Its impossible in my a lot of time to highlight each bill butt i do want to call attention to a couple of resolutions expressing the Guiding Principles on broadband infrastructure that should underpin our efforts. First, as noted by vice chairman lance, any funds for broadband inan infrastructure package shod go toac unserved areas. Second, as noted by congressman lotta, the federal government should not be picking winners and losers in the marketplace. Any fe
Aforementioned yahoo . They were just talking about it. Well get you ahead of all of the trades. Mandy has gone down to the heart of the action at the New York Stock Exchange. Hi mandy. Its a down day, as you said but being driven by a few stocks as you mentioned. Ibm and United Technologies for more than 100 points of the dows drop. Bob pisani joins us here on the floor of the stock exchange. We did not color coordinate ourselves. But it looks good. A happy coincidence. The important thing is if you look at ibm and United Technologies, put them up for me, they are about 120 points to the drop in the dow that were seeing today so very very unusual action, and thats why the dow is much weaker, for example, than the s p 500. We are having a problem, again. So in the First Quarter, put up whats going on with United Technology and ill show you this. In the First Quarter the big problem for Multinational Companies was number one. Week Global Growth particularly china and secondly the strong