Has officially begun talks for the fight against the zika virus. But lawmakers left town for the memorial day recess with no progress toward a compromise. Michigan Governor Rick Snyder is looking to stop administrative investigations into how two state agencies handled flints Drinking Water crisis. The move by Governor Snyder follows warnings the investigations could hurt state and federal inquiries. Russia is including Maria Sharapova on its preliminary team for the summer olympics in rio, despite her provisional suspension for failing a drug test earlier this year. Global news 24 hours a day, powered by our 2,400 journalists in more than 150 news bureaus around the world from the bloomberg newsroom, im mark crumpton. Bloomberg west is next. Emily im emily chang, this is bloomberg west. Coming up google dodges a 9 , million bullet. A jury verdict wipes out the oracle claim. Biggest ride hailer, ft andhic alliance with ly others to take on uber. And the journalist who wrote the origina
Nvolved and i think and federal inquiries. Russia is including Maria Sharapova that. Its a very interesting thing. During the trial we learned some interesting things of what went on behind the scenes. There were negotiations between larry elson and larry page, discussions about that, in the very early days, we are seeing in the picture, there was kind of hilarious comments, she approached one of the google people. We are a new kind of company, we dont adhere to the old rules. She said to them, how about the shalt not , thou steal, thats an old rule. That got some laughs in the courtroom even from the judge that didnt seem to favor oracle in this trial. Its an interesting case. One of the things we found during the trial, when oracle bought sun, they assigned a big dollar value to the java licenses and potential java uses. So people look at that deal and wonder why did they pay so much money for sun . Java was great value to them, the value they expected to get out of java they may nev
Risk aversion, keeping Japanese Bank safe during the credit crisis. Now they are some of the top lenders and energy. Follow me on twitter rishaadtv, include trendingbusiness. Breaking news south korea, a surprise Interest Rate cut coming through. Now 25 aces points lower, 1. 25 , defying analyst expectations they would stay pat. There you go. There we go. Another cut there. It takes the number of rate cuts to about 700 across the world. We open lower. We have given back that. Big surprise. Similar looking chart. Dollar on the way out, 1. 4 from these levels. We are pushing to a oneyear high. The new zealand centralbank sitting on rates. That is another story there. There is so much happening. Were looking at four basic market stories. Let me show you the open in malaysia and singapore. Price action is consistent with expectations that rates will remain lower for longer. The bank of korea just supported that thesis. Look at the weaker u. S. Dollar, the dollar index is at onemonth lows.
Assets, and there is to be another round, but verizon is said to be the frontrunner. Dennis, i naturally go to you fir first, and what does the size of the bid say, and any color about how this round is going . Well, i dont know if i have a lot of color necessarily, but what is important is that there are so many moving parts, and whether it is the patent portfolio, and how the assets of yahoo is structure and it is not the way of a straight action as we want to cover it in the press. So many moving piece, and we have to take it with a caution because the headline number may not be the thing that matters most by the board, but it is what they could fetch for the other assets and also how they structure yahoo japan and alibaba holdings. And with all of that in mind, how are we supposed to judge or evaluate the process if not just on the headline number . Well, we will have to wait and see what the final outcome is of course, and there are opotentially other bidders and private equity bi
The chair of the Committee Aaron peskin joined by supervisor london breed . We need a motion to excuse supervisor yee. We will take supervisor yees motion without objection. I want to thank the folks at sfgtv for streaming our meeting. Madam clerk, do you have any announcements . Yes, please silence all cell phones and Electronic Devices. Copies should be submitted to the clerk. Items will appear on august 2nd, board of supervisors agenda. Thank you. Please read the first item. 160551 [reward for information about underpayment of property tax Charles Scoble 1,848. 17] thank you. I think that item is pretty self explanatory. Are there any members of the public who would like to testify on item no. 1 . Seeing none, Public Comment is closed. Supervisor breed, if there is no objection why dont we send this to the full board with a full recommendation. Seeing none. Lets skip over the next item because supervisor campos is not here yet. Why dont we go to item no. 3. Clerk 160514 [accept and