Bloomberg Elliott Hewitt News Today : Breaking News, Live Updates & Top Stories | Vimarsana

We break down the numbers. And microsoft stopped making phones years ago and now its back with a new model that will run on android. Is now the time to get back into the slowing Global Smartphone market . But first, our top story. Work pulled the plug on its ipo temporarily, saying they want to focus on the core business before going public, which they still plan to do. They have been a burning through cash and now plan thousands of job cuts. Wagner spoke to an analyst and bloombergs elliott hewitt, who covers the company. It is official. The ipo will be put on hold. Theyred this morning going to be pulling it, that confirms a lot of the reporting we had in the last week or two which is that the ipo is unlikely to happen in 2019, likely to be pushed until next year. To theyre going to be spending the next few months with these new coc. E. O. S showing wall street were cutting back on expenses, making changes, the company is no ....

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