Good wednesday morning welcome to squawk alley. Im john for the with caro quintanilla and Julia Borstin well start with apple, a cost cut for Small Developers josh lipton breaks down the news for us. Here is how the new program is going to work its called the App Store Small Business Program it launches on january 1st and it does represent a big change here. Developers earning up to 1 million during the Previous Year will now be eligible for a commission of 15 on paid apps and inapp purchases, and that is half of apples Standard Commission apple says the new program will impact what it says is the vast majority of developers selling Digital Goods and services on the store. Tim cook saying in a statement the app store has been an engine of Economic Growth like none other, creating millions of new jobs and a pathway to entrepreneurship accessible to anyone with a great idea for investors this change is also important remember, the app store is critical for apple it accounts for an estima
Thats a nice beat. Alix this looks pretty good. David therefore, the premarket is down. [laughter] alix maybe it is capex . Like you mention, monetize a bull daily active users beat. Bulloks like monetize a daily activele users beat. David theyve been doing a good job getting more money in the door. They still got a ways to go. 2 3 of the rate of they look like good numbers from twitter. Alix joining us now are evan brown, ubs Asset Management head of macro, and bloombergs paul sweeney. One of the big issues for twitter really focuses on ly activea bull dai users, the people that come back every single day. Thats what advertisers want. Twitter cant really compete on t versus the facebooks versus the facebooks of the world. Thats the kind of metric twitter really taps to advertisers. Ared one thing people looking at is geography. They had really favorable numbers in japan last year. It is expected they will be under the number this year in the u. S. Paul they make so much more money off
30 million americans losing their Health Insurance means more americans will die. Thats not a dramatic hyperbolic statement. That is the truth. When Health Care Coverage goes down, american mortality rates go up. What else do we know about this legislation is. Is that it still raises costs like the other versions of trumpcare. This version of this partisan repeal plan will still force hardworking americans to pay more for actually worse care. It would abruptly end the critical assistance subsidies that have allowed millions to afford care. It would end support for people in the very marketplaces that two other bipartisan senators through the help committee are trying to discuss how were going to stabilize those markets to give people that very access. And we know that as a result of this repeal plan, americans can see their deductibles increase by several thousand dollars, and we could once again once again with those increases see bankruptcy rates increase after dropping dramatically
Is adent trump soninlaw focus into the russian meddling in the election. Investigators are looking into meetings Jared Kushner had with the Russian Ambassador and a banker for moscow. He is a senior white house adviser. Alloy or set it coast or will share what he knows about the meeting. The president met with the japanese Prime Minister before the start of the g7. They disagree on areas such as trade and Climate Change. Its believed the others wont gang up on him. To focus onng terrorism and issues where there is common ground. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries, this is bloomberg. David the president is completing his overseas trip. There are a host of issues for agreement or disagreement. He went to the heart of one of them when he talked about german car exports. He said the germans are bad, very bad. Look at the cars they sell in the United States. We are going to stop that. Matt miller is covering the challengi
Those in the audience would please take their seats, well get underway. I now call the regular meeting of the Health Services board to order. Would you please join me in saying the pledge of allegiance. I pledge allegiance to the flag of the United States of america and to the republic, for which it stands, one nation, under god, indivisible, with liberty and justice for all. Well have the roll call. Roll call. Scott, present. Lim, present. Breslin, here. Farrell, expected. Ferrigno, excused. Follasbee, present. Sass, present. We have a quorum. Thank you. First action item. Item 1 approval of possible modification the minute of meeting regular meeting december 8 , 2016. Do i have a motion . Moved and [inaudible] the minutes the regular meeting och december 8 , 2016. Second. There is a second. Properly moved and seconded we approve the minute of the december 8 regular meeting of the board. Any comments or questions or edits by members of the board . Seeing none, any Public Comment . If