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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240713

Syria. The move comes days after washington effectively okayed the operation. The u. K. Government pushes ahead with brexit, although the current eu president says there is no chance of a deal this week. Shery later in Bloomberg Technology global link, we will outline the possible rescue plans for wework and what softbank can do to save the struggling unicorn. Lets get you started with a quick check of the markets. U. S. Futures at the moment unchanged after stocks fluctuated between gains and losses throughout the session. The s p 500 was led lower by utilities and materials. The Energy Sector down as wti lost the most rampant about two weeks, 53 a barrel. Investors still trying to figure out what a partial u. S. China trade deal actually means. Acrosslots of anxiety markets. Pretty light trading. We saw about 30 below average volumes when it comes to the 30 day average. We had u. S. Debt markets close away on holiday, so pretty thin trading. The focus this week now switching to earni

Transcripts For BLOOMBERG Bloomberg Technology 20240713

Company and address investor concerns. The stock is down 30 since is ipo. And stake out digital ad fallout after democratic president ial candidate Elizabeth Warren posted a deliberately false ad on facebook. More on social medias role in separating fact from fiction. But first, to our top story. Wework is considering handing over control to softbank. Bloomberg has learned that the Japanese Investment bank is convinced they can turn around the once highflying startup. Wework is also weighing 5 billion Debt Financing led by jp morgan. To discuss, i am joined by my guests, ellen huet and michelle davis, and, ellen, let me start with you. I want to separate the different deals. First, softbank taking control. What can softbank do that the other coceos cannot do . Ellen this discussion going on between wework and softbank, it is, look, the outlook is not good. We like that you have two new coceos we are interested in , but doing more. And if they did take a larger stake in the Company Mayb

Transcripts For BLOOMBERG Bloomberg Technology 20240714

We speak to the cofounder of apple, Steve Wozniak. He discusses everything from trade to services to his strong concerns on privacy on facebook. To our top story federal officials charming former uber engineer Anthony Levandowski with stealing Driverless Technology from the waymo unit. This is one of the most intriguing recent legal battles in Silicon Valley and a top priority for the fbi. Tolerate thell not theft of trade secrets. Let me be clear these are the crown jewels of companies. Taylor joining me to discuss is bloombergs eric newcomer. What a long saga it has been. What have we learned today . Eric this was a total surprise. Uber and google settled this and while ago. There had been a private arbitration. But the idea that there would be criminal charges is something i think people had largely given up on. It has just taken so much time. This is a big deal for Silicon Valley. Taylor talk to me about the difference between the two trials. They settled one, arbitration. But this

Transcripts For BBCNEWS BBC Newsroom Live 20240714

And residents will find out whether they can return to their homes. Tackling the counterfeit alcohol trade how an artificial tongue could help taste subtle differences between whiskies. Good morning. Welcome to bbc newsroom live. Iam i am rebecca jones. The European Union has rejected holding further brexit talks with the uk, while borisjohnsons government insists on changing the Withdrawal Agreement to scrap the irish border backstop. Eu negotiators told european diplomats such changes which the new uk government is demanding were unacceptable. But downing street says the Prime Minister will enter into any fresh brexit talks with the greatest energy and the spirit of friendship. Adam fleming reports from brussels. The eu is inching closer to accepting that the most likely outcome of the Brexit Process is the uk departing without a deal on october 31st. After discussions last week with the Prime Minister, his europe adviser david frost and the brexit secretary stephen barclay, brussels

Transcripts For BBCNEWS BBC News 20240714

Time for a look at the weather. Heres alina jenkins. By by the end of this, you could be forgiven for thinking we have skipped straight to october. A good deal of sunshine across eastern counties of bingen, but for many, frequent showers, heavy and thundery, bringing torrential rain in places, all driven by this slow moving area of low pressure, going nowhere fast. The showers are concentrated across scotland and Northern Ireland and the isle of man. And the north west of ingle. Not so many showers across the southern parts of northern ingle, so good news for whaley bridge, the showers few and far between. The showers few and far between. The showers were movies through the afternoon, some getting across to east anglia and south east england. A better chance here of staying dry with spells of sunshine. Where we have the showers, heavy with thunder and lighting. Lightning. Pleasa ntly warm and lighting. Lightning. Pleasantly warm in the sunshine, 23 celsius, quite cool across scotland a

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