Cory im cory johnson in for emily chang and this is Bloomberg Technology. A 105 billion offer hangs in the balance. The history of attack is turning hostile. The telik on patch made it the telecom match made in heaven is no more. What went wrong for americas fourthlargest wireless character. The massive document leak. Sidestepped apple billions in taxes. Multiple documents in the socalled paradise papers. We will look at apples involvement in offshore financing. Thet, more details about bid by broadcom to buy qualcomm. Broadcom has made a 105 billion offer. The qualcomm Closing Price before bloomberg broke this deal is saying it is ready for a hostile takeover if qualcomms board doesnt play ball. If the deal goes through, it would make broadcom the worlds thirdlargest chipmaker behind only intel in samsung. Sullivan, letks me start with you. It is a little crazy to think about. Weve seen a time of really big a dealsa deals big m in the past few weeks. I think what is going to be intere
Billion. Economy, governor philip lowe said it was the makers are optimistic, but bill remain concerned about the path of Household Spending and debt. Global news 24 hours a day powered by more than 2700 journalists and analysts in more , markets inntries australia shipping closing up shop today. Ice level in 2008 at doing very well. 29,000. Ying, just short a picture of the other markets in the region. Cory im cory johnson in for emily chang and this is bloomberg technology. Broadcom and qualcomm brace for a battle. A 105 billion offer hangs in the balance. The biggest deal in the history of tech is turning hostile. The telecom match made in heaven is no more. What went wrong for americas fourthlargest wireless character. The massive document leak. It shows how apple sidestepped billions in taxes. Multiple documents in the socalled paradise papers. We will look at apples involvement in offshore financing. First, more details about the bid by broadcom to buy qualcomm. Broadcom has made
Why microsoft is boosting its videogame investment. Developingid to be an augmented reality headset that could be in store by 2019. A couple of things will set this apart from available ar devices. It will contain its own display. It will also have its dedicated operating system. I sat down with mark gurman who broke this story. I think we had an in depth look at a lot of projects. At apple, there is this team newing on two headsets and systems for the iphone. The new headset they are working on is one that runs its own operating system and doesnt have to have an iphone attached to it. They are working on another headset that is like an oculus ar and strap it on your head. This is only what they are doing for testing and leveraging the Ar Technology parried emily seems like they are focusing on ar. Agree that vr has great applications for education, but ar is like a watcher that you can use in your daytoday life. Ar headset has several application. To what tima listen cook have to say
Details on the new console and why microsoft is boosting its videogame investment. Apple is said to be developing an augmented reality headset that could be in store by 2019. A couple of things will set this apart from available ar devices. It will contain its own display. You wont have to answer your smart phone. It will also have its dedicated operating system. I sat down with mark gurman who broke this story. I think we had an in depth look at a lot of projects. At apple, there is this team working on two headsets and new systems for the iphone. The new headset they are working on is one that runs its own operating system and doesnt have to have an iphone attached to it. They are working on another headset that is like an oculus ar and strap it on your head. This is only what they are doing for testing and leveraging the Ar Technology parried emily seems like they are focusing on ar. Tim cook has been clear on how apple things ar is the more main stream. I tend to agree that vr has
Good monday morning. Welcome to squawk alley. Obviously watching the markets this morning some of the big tech stocks taking out their loss from friday as they are under pressure for a second day in a row. Analysts issued a rare downgrade for apple saying the stock has limited upside potential fang is under pressure we thought friday was a one day dynamic, some of these names are proving otherwise. A bit of a rebound, though, in tech. I watch a grouch tech stocks and i was looking at one points in the 10 00 hour there were about 39 of them that were down 3 or more im looking now and its six are only down that much. So quite a rebound i think apple is a prime example at the heart of this i take the point, bob pisani was saying earlier he doesnt understand why people say apple is overvalued. Theres this valley of doubt on apple that usually happens right around late august to late january people start saying oh, this iphone, this next one isnt going good enough. Theres never been an ipho