Win over the millennials who campaign. Sanders a dutch investigation implicates russia and the downing of a malaysian passenger jet over lewd over ukraine two years ago. Im mark crumpton. Bloomberg west is next. Emily im emily chang and this is bloomberg west. Its the end of an era blackberry is powering down its own business. We will take a look at what is next. Plus the future of mobility from Battery Power to self driving cars, we will hear from ford ceo , mark shield ahead. And to veterans dealmakers, we will talk about what is driving acquisitions and buyouts in the Tech Industry today. The end of an era for smartphones blackberry has said it will stop making the handsets that were once so addictive that we called them crack berries. Shares surging 5 on the news. The company struck up a deal with an Indonesian Company to distribute blackberry devices running on blackberry secure software. The move comes three years after the ceo, john chen took over and outsourced manufacturing to
Citys police superintendent. This comes after a video showing a white officer fatally shooting a life teenager. You can get more on these and other breaking stories bloomberg. Com at. Mrs. Bloomberg. Coming up, Mark Zuckerberg gains a daughter and gives away a fortune. The facebook founder announcing his plans to donate 99 of his shares in the social network. Plus, a changing of the guard. Can the new leader save the smartphone business . And what goes down must come up a new investment in snapchat. Mark dose of news from zuckerberg. They are the proud parents of a baby girl named maximo. He planned to give away 99 of their shares in facebook worth about 45 billion. In a letter to their daughter he said our society has an obligation to invest and improve the lives of all those coming into this world, not just those who are already here. Joining me with more is our bloomberg billionaires reporter tom metcalfe and sarah. What is happening here . 99 of his facebook shares. It is worth 45
And volkswagen recalling cars in india. Than 19e announced more recalls. Lets look at markets. Hong kong and china, currently closed for lunch. Trading in they the morning. This is how it looks at the moment. Singapore up 0. 8 . I am back in half an hour with another update. Time for bloomberg west. Emily im emily chang and you are watching bloomberg west. Coming up, Mark Zuckerberg gains a daughter and gives away a fortune. The facebook founder announcing his plans to donate 99 of his shares in the social network. Plus, a changing of the guard. Can the new leader save the smartphone business . And what goes down must come up, a new investment in snapchat. A big dose of news from Mark Zuckerberg. He and his wife are the proud parents of a baby girl named maximo. His wife and he planned to give away 99 of their shares in facebook worth about 45 billion. In a letter to their daughter he said our society has an obligation to invest and improve the lives of all those coming into this world
More than 150 news bureaus across the world. Cory im cory johnson and this is bloomberg west. How do you say taxes in italian . Lets take a look at which companies are best prepared for the digital future. Dragaurs, droids, and racing. What smash the Box Office Sales record for all time. We will have the details. Million tog 340 settle its italian tax bill. Apple had been accused of evading taxes over five years by booking italian fayette sales. Hrough its irish subsidiary as part of a broader eu crackdown making multinationals pay with a oh in each country where they do business. Mark, explain this tax practice that apple followed. Essentially where they structure some of their sales through their irish the theory, which is not an in network in operation for apple. They have been operating in ireland since 1980 and are expanding their, but they sort tactic which is fairly common for a global apple where like they put the manager alan so they pay on irelands Corporate Tax rate which is
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