[inaudible conversations] i think we are going to go ahead and get started if you would like to take your seat. Welcome, everybody. Thank you for joining us here today. We are excited to spend the next 55 minutes with you. Im the cofounder and ceo of a start up im honored to be the moderator today. As many of you may have guessed, then theres rick is not here today. He got sick this morning and absolutely couldnt make it. We will talk a little bit about his book just for those of you that are wondering [inaudible] [laughter] [applause] we are going to leave time at the end forng audience qanda s well so please be thinking of your questions. We would love to have an interactive conversation with you. Im going to start by saying a couple of words about the book before we gos through a to mme and his book. For any of you that havent checked it outut yet it is billionaires and its the story of the claims from the facebook story. They were the two brothers at harvard who actually hired mark
Right now, there is nothing that is earthmoving. That is a great way to lead off the show. I have unbelievable stuff. Okay. Lets get to our road map this morning. It does start with apples ev aboutface, reportedly abandoning its decadeslong efforts to develop an automobile, turning its focus to generative a. I. Shares have underperformed so far this year. Continued signs of a robust economy, healthy Consumer Spending certainly one reason why and goldmans ceo thinks a soft landing is uncertain. And the doj turning its focus to Health Insurance. It is launching an antitrust investigation of the giant. Unh. Unh is really under siege. Its a Great American company. Its under siege like almost no other between the hack and the Justice Department. Well talk about that. That said, its doing pretty well for a company under siege. Lets talk about another company thats done pretty darn well for a very long period of time. That is apple. Of course, youve seen these published reports. Any number of
After the auto parts supplier warns of profits and free cash flow. Mario draghi defends his easing Monetary Policy as he warns about the risk of unwinding these policies too soon the ecba president will speak in a few moments time from sintra well bring you that speech live heres the latest on the heat map across europe a lot of red on the board. The latest in Bank Consolidation is that bankia is buying banco mare nostrum bankia plans to raise capital to fund the deal. A lot of red there except for bankia Banco Popular at zero. Schaeffler cuts its profit warning. They see the 2017 adjusted eby t ebi at 11 to 12 . Stada takeover bid fails the vote was close with support for the move falling just short of the 67. 5 required. The chief executive says the shareholders decision provides a mandate for the company to press ahead independently. Lets look at sistema shares theyre slumping after a Russian Court arrested some of its assets in an ongoing legal battle with rosneft. The country is s
As predicted. The effects of the recent decline in again and President Trumps policy. The doj will continue to buy bonds, global news 24 hours a day powered by more than 2600 journalists and analysts in more. Han 120 countries you are watching bloomberg. China, taiwan, nikkei trading down 1. 3 . Again is gaining another session. This is bloombeg. Caroline Bloomberg Technology bill gates ways and ahead. Digging into what could be the biggest tech ipo since facebook. Silicon valley pundits its voice as the immigration dan feels outrage. Friday President Trump restricted immigrants from seven muslim countries. His next order on immigration may be an even greater blow to the u. S. Tech future. Seanhe works spicer address it later. Earlier. Spouse whether that the visas, there is a needed to look at these programs. You will see both through executive action and legislative measures. A way to address legislation as a whole. Were joined by alex wayne in washington. Consternation from the tech
Takata may plunge by the daily limit after the company emerged as its top bidder. Takata says a company recommended a bid over that of another. Key is the worlds fourth biggest airbag maker but has just over 4 of market share. Currentlyres are untreated after falling for the last two sessions. Global news 24 hours a day powered by 2600 journalists and analysts in 120 countries. Lets get you a check of the markets. Afternoon trading just getting underway in hong kong and china. Asian markets all in the green. This is bloomberg. Caroline i am caroline hyde. This is the best of Bloomberg Technology. Where we bring you our top interviews from this week in tech. Coming up, snap filed for an ipo, 3 billion, the details ahead. Plus, apple sales at an alltime high and facebook sees mobile ad revenue pop. We break down the big tech earnings of the week. And the inside track on ges digital pivot, the ceo shares how the biggest manufacturers turned to big data and won. A bloomberg exclusive inter