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Detailed text transcripts for TV channel - CNN - 20180514:10:00:00
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second place from last year to japan s suki. chinese smartphone maker who away said its profit sought twenty eight point one percent last year that translates into seven point six billion u.s. dollars she away attributes the stunning results to heavy investments in research and marketing who away is the number three smartphone maker behind samsung and apple the company is owned by its employees with no publicly traded shares but the company reports financial results to allay security concerns in the united states europe and australia. and tesla is recalling one hundred twenty three thousand of its model s. then he calls worldwide making it to the company s biggest recall action ever affected model s. cars built before april twenty sixth in the problem is rusting bolts in the power steering unit the company says those bolts need to be replaced in an hour long
smartphones that erupted in fire pulling them to be pulled from the market last year. we are joined live by louisa with more on this. what are the findings in the galaxy note 7 s saga continuing? well, they are desperate for it not to happen again and to ensure customers it won t happen again. they held this briefing at an event at their seoul office. they apologized and announced steps to avoid repeats, but it s been a real disaster for the company. they are the largest smartphone maker. keep in mind, it costs the company billions already. they also had to manage the whole media aspect of this. and a lot of people have been criticizing them on how they handle this recall as well. but again, this event, they definitely offered an apology. yahoo! is saying that the fcc is investigating recent data breaches according to the wall
rupert murdoch saying that bob was missed by many fans, and we are happy to welcome him back to the show. indeed, we are, tune in tonight at 5:00, bob beckel back on the five peered bombshell to tell you about in the orlando nightclub massacre, the widow of the terrace to gun down 49 people is now under arrest. the charges against her, and will they stick? the panel take that up, plus a lawsuit for 9/11, now hearing a case about muslims picked up on immigration violations in the days after the attack. who they are suing, do they have a case? paralegal panel on that. and new trouble for samsung after the product launch meltdown of the galaxy note 7 smartphone here now the company air is caught up in a growing political corruption scandal. the economic fallout for the world s largest smartphone maker, we are live with that. the wrong insurance plan. ked
0.3%. huge corporate deal for you this morning. google selling its motorola mobility smartphone unit to china s lenovo. motorola mobility has been a money loser for google, which it bought just a year and a half ago. google celebrity ceo larry page saving face by saying this sale allows google to stop making the product and instead concentrate on innovation for its android operating system. for lenovo, could be a big win. lenovo was the world s largest pc-maker, in fourth place as the biggest smartphone maker. the ceo says it will allow it to challenge apple and samsung in the smartphone market. could be interesting to see the u.s. government s reaction to that sale, by the way. i suspect there will be a national security review when you have something that big. new details on what might be the largest security breach in u.s. retail history. target now blaming the hack over the holiday shopping season on stolen vendor credentials. a target spokesperson says the company is now takin
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