Australia, allies that have helped maintain regional stability since world war ii. A in its latest apps to tighten Monetary Policy. The pboc raised the cost of 7, 14, and 28 day reverse repos by 10 basis point each, hoping to curb leverage and support the exchange rate. Global news power 24 hours a day, powered by more than 26 journalists 2600 journalists and analysts, you are watching bloomberg. The regional benchmark index now headed for a week. We are seeing the hunt saying continue to lose they hang seng continue to lose ground, down half a percent. Hyde. Ne im caroline this is Bloomberg Technology. Coming up, snap filing for an ipo with an initial size of 3 billion. Plus, amazons shares drop. The life the giants lackluster Holiday Season. And the uber ceo slams on the brakes, calling it quits on the trump Advisory Council. First you are lead, snap has followed filed its longawaited ipo with a size of 3 billion. That is according to people familiar with the matter. The Parent Compa
Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. I am Alisa Parenti. This is bloomberg. Bloomberg technology is next. Caroline i am caroline hyde. This is Bloomberg Technology. Switchits the ignition on his stream for Driverless Cars with a 15 billion dollars acquisition. Details on how the deal went down. Billion verizon yahoo deal almost never closed. We have the inside track on how it nearly got derailed. Airbnb goes on the offensive. The c. E. O. Says we could see an ipo in about a year. His words ahead. First to our lead, intel is spending 50 billion for a foothold in the selfdriving car market. The u. S. Chipmaker is buying the Israeli Company which makes chips. In the second largest acquisition ever for intel and the largest ever for an Israeli Company, shares surged on the news. It represents more than a 30 premium of the friday closing price. Cory johnson caught up with the c. E. O. And asked why he is shelling out so mu
Than 120 countries. I am Alisa Parenti. This is bloomberg. Bloomberg technology is next. Caroline i am caroline hyde. This is bloomberg technology. Coming up, mulesoft surges on the first day of trade. Why some are calling it a better metric than snap. Companies are starting to develop tunnel vision when it comes to self driving technology. The clouds are clearing for oracle after earnings showed Strong Demand for its cloud services. We bring you c. E. O. Mark hurd later this hour. But first to our lead, mulesoft surges in its public debut. The Company Raised 221 million after pricing shares at 17 apiece. That gave mulesoft a market value of more than 2 billion on pricing. It may not have the name recognition of snap. As stock was closely watched perhaps a more realistic metric for the health of the ipo market. Alex barinka caught up with the c. E. O. And asked why he thought demand was so high for the stock. What investors are looking for is growth. They are looking for a wellrun comp
Than 120 countries. I am Alisa Parenti. This is bloomberg. Bloomberg technology is next. Caroline i am caroline hyde. This is bloomberg technology. Coming up, mulesoft surges on the first day of trade. Why some are calling it a better metric than snap. Companies are starting to develop tunnel vision when it comes to self driving technology. The clouds are clearing for oracle after earnings showed Strong Demand for its cloud services. We bring you c. E. O. Mark hurd later this hour. But first to our lead, mulesoft surges in its public debut. The Company Raised 221 million after pricing shares at 17 apiece. That gave mulesoft a market value of more than 2 billion on pricing. It may not have the name recognition of snap. As stock was closely watched perhaps a more realistic metric for the health of the ipo market. Alex barinka caught up with the c. E. O. And asked why he thought demand was so high for the stock. What investors are looking for is growth. They are looking for a wellrun comp
You can watch the debate starting at 8 30 new york time. Results from sunday the municipal elections in brazil are indications the Workers Party will not be competitive in the 2018 elections. Im mark crumpton. Forlet im scarlet fu in emily chang. This is bloomberg west. Stick costello says advertising is not twitters only means of revenue. China has dj has been selling drugs to professional for years. The gopros ceo ways in. Can Companies Gain from digitizing the supply chain . We will discuss it with the former ibm ceo. First to our League Facebook wants a rematch with craigslist. Marketplace allows users to post items for sale. The social networking site started a Similar Service in 2007 also called market lace. Facebook sold the business to another company. They are entering the space with the likes of craigslist craigslist. Joining me from San Francisco is Bloomberg News reporter, sarah frier. Name as its first iteration, so what has changed . What has changed is most users are on