Accepted a sweetened offer. China cracking down on peertopeer platforms. Theyre vowing to cleanse the market. The platform should serve as an intermediary. Says theys the pboc are strengthening oversight of online payment firms. Kong,e of markets, hong shanghai, swinging back into gains. Gains in some parts of the region today. Those are your top headlines. This is bloomberg west. Cori im in for emily chang. Mark zuckerberg fires back at his critics about expanding Internet Access in india. tis the season for jeff bezoss net worth to soar. Gender and racial equality are back in the spotlight as twitter names a new head of diversity. Now to our lead. Facebooks Mark Zuckerberg making a personal appeal in one of indias leading newspapers insisting that the country allow , a Free Internet service. India, secretary wrote instead of wanting to give people access to some basic Internet Services for free critics continue to spread false claims even if that means leaving behind a billion people
Joining me today is sir michael moritz. Europe wrote this book with another sir, alex ferguson. He is one of the most revered names and football. What true you to this project as a tech investor . Michael as a young boy and started to follow them and i followed them through the years. Working in Silicon Valley to build sequoia, i was very curious about organizations that had succeeded for very long time and performed at an extremely and particularly those organizations that had been run by one individual. There just are not that many of them. You have been tasked with taking undervalued assets and making them profitable. Michael he grew up in scotland and i grew up in wales. Both have an outsiders mentality and a strong work ethic. Emily is credited with transforming this faltering club into a 3 billion public company. What is the key to his success . Michael i wish id done this or thought about all these topics 30 years ago. I certainly would been far more effective. Three years, deve
April 2017. Fuel can he manned is falling in japan because of falling population and shrinking fuel eeds for cars. Niqlo domestic sales drop. Say warmer prices led people to buy less winter hang sheng and the hangsen down less than half a . m back in half an hour. i ¿emily i am emily chang and you are watching bloomberg west. Coming up, yahoos board meets as the Company Continues to flounder and Marisa Meyers tries to fend off activist investors. And outgoing shutterfly executive joins me for an exclusive interview. And hes a knight commander of the british empire. Ill talk with him about the lack of diversity in venture capital. Now to yet another dramatic chapter in the yahoo soap opera. One possibility is si spinning off the aly baba stakes. The company has struggled to reinvent itself with marisa myers at the helm. Who would be the core Venture Partners . Joining me, a yahoo investor. With a fairly significant position in yahoo and early investor in aly baba as well a very signifi
Flights have been canceled across the u. S. 2600 more have been delayed. Global news 24 hours a day. More than 150 news bureaus in the world. Cori im in for emily chang. Mark zuckerberg fires back at his critics about expanding Internet Access in india. tis the season for jeff bezoss net worth to soar. Gender and racial equality are back in the spotlight as twitter names a new head of diversity. Facebooks Mark Zuckerberg making a personal appeal in one of indias leading newspapers insisting that the country allow a Free Internet service. And said ofrote wanting to give people access to some basic Internet Services for free critics continue to spread false claims even if that means leaving behind a billion people. It allows free mobile Internet Access. Appstricted handful of including facebook. Opponents say it threatens the principles of Net Neutrality. Authoritygulatory to stop thebook service pending a ruling of whether it violates Net Neutrality. David kirkpatrick is the author of t
Voters go to the polls on saturday. Here in the united states, rescue teams are searching for 12 marines missing at sea after two u. S. Marine corps helicopters collided thursday night. The coast guard continued the search. The choppers went down about two miles from the north shore. South carolina senator Lindsey Graham has endorsed jeb bush for the presidency. He has been a coveted endorsement and now we know who he is supporting. I am emily chang. This is bloomberg west. A red letter day for tech investors, some of the biggest names caught in a major downdraft. Venture capitalist new frontier as funding in the u. S. Fades, investors plan for gold in china and india. The taxman comes calling for apple. A brutal end to the week for tech investors as stocks plunged to levels not seen in more than a year. The nasdaq falling over 2. 5 . The average is in a correction. Intel down 9 , twitter hitting another alltime low, down over 5 . Joining me now is our guest host for the hour. A Portfo