Once again, good morning and welcome to squawk alley. Joining me at post nine, sara eisen, mike santoli, carl keent nia has tkne quintanilla has the morning off. A big interview for us from omaha, bullish comments on apple from Warren Buffett. Becky quick is live there, berkshires temporary headquarters for the weekend in omaha, nebraska, with details, especially on ibm. Thank you very much. We talked to Warren Buffett about ibm, apple, a lot of different issues but lets start with ibm. Warren buffett says the case for ibm doesnt make quite as much sense to him as it used to. He told us last night that he went ahead and sold about onethird of the position he held in big blue over the first and second quarters. Thats pretty shocking because Berkshire Hathaway was the largest shareholder and shares of ibm that controlled about 9 of the shares outstanding. Buffett told us they went from 81 million shares down by 25 million. They still hold more than 50 million shares, which means there is
Attacks against him were a distraction. Several state legislatures planning environmental rollbacks, after Solar Incentives and antipipeline protesters. The epa argues it can curtail regulations, leaving up to the states to decide how to protect against pollution. In an effort to save millions of dollars, puerto rico will close 184 schools, the largest in its history. It will relocate 27,000 students at the end of this month. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. From washington, i am Alisa Parenti. This is bloomberg. Emily i am emily chang, this is bloomberg technology. Fake news take center stage in france, with the president ial election days away. How big tech is mobilizing to prevent viral misinformation from influencing the vote. Plus, after an earnings bonanza with apple and facebook leading the charge, we break down the latest headlines of this week in tech. Free original content courtesy of youtube. The video
710ths green arrows for major in deksz. Ftse up. Germany, dax up. Gains in france after the French Election there one of the biggest majorities theyve seen in post war france. You can see crude oil markets up slightly still below 45 a barrel following developing story from london, a van plowed into a group of pedestrians outside a mosque injuring ten people it happened as worshippers were leaving evening prayers. Metropolitan police say the driver of the van was taken into custody and theyre treating the incident as potential act of terrorism. Almost one year since britain voted to leave European Union. Formal brexit talks begin today. David davis is meeting with eu chief negotiator in brussels that kicks off the process that must be completed by march, 2019 discussions come less than two weeks after Prime Minister theresa may and her conservative party lost the majority in parliament, adding to further uncertainty when it comes to these talks. And becky alluded to this in other politi
Good thursday morning. Welcome to squawk alley. Joining us this morning from one market in San Francisco is the former ceo of twitter. Currently the siceo of fitness startup core startup chorus. Good morning. Well talk markets. Im a one word person this morning. Yeah. This is going to be a very long interview, i can tell. Lets begin with the markets dow is down 22 despite the early trade. Tech remains on a terror the nasdaq aiming for ten Straight Days of gains, touching another all time high today. S p 500 index broke the nearly two decade old record closing above the dotcom bubble you have to go back to march 27th of 20000, dick. I know you had attention on valuations within specific sectors of tech. What is your take on these levels are they important i think the interesting things that happening in tech right now is in Public Sector is that youve got this real separation that the hyper Scale Companies, facebook, amazon, apple, google, are getting from everybody else if you juxtapos
This is a little maybe maybe just a little bit off topic, but i want to run it by you anyway is the president aware probably good if we mix it up a little bit. Is the president aware of the story of the i. T. Staff of congressional staffer who most recently worked for florida congresswoman Debbie Wasserman schultz who was recently arrested attempting to leave the country, though he shade he was not trying to flee the country is the president aware of that particular circumstance, and is he satisfied with the pace of the investigation . I havent had a conversation with him specifically about that, but i do think it is something that we should fully look into, and there should be a thorough investigation on that kristen. Since we only have one question, im going to ask you about the boy scouts. Make it count. The chief wrote this to family members who were at the president s events earlier this event are. I want to extend my sincere apologies for those who are scouting families offend by