Coming clean. They tech is spending some tall tales. Google toacebook and stop using lawyer speak when it comes to tracking data. To our top story, we are looking at disney cost new problem. Disneys new problem. Usernames and passwords have third parties. This case as they have not been hacked. I want to bring in kissed all mary. Palmieri. Of the an issue issue of hackers . It is a big problem for all companies. This is part of the global push. They want to add 90 million customers for disney plus. They are already well on their way. 10 million signups in one day alone last week. They will have to learn how to manage this. If disney says they were not hacked, what happened with the passwords . Peoples passwords and usernames were out there and hackers took to those those and tried to resell those services. Uses a two phase identification process. It will send you any amounts of the original user saying is this authorized . When they see something suspicious, they are letting customers
Reduce what it does through bankruptcy. Greece has declared a national day of mourning after floods killed at least 15 people on wednesday. The flooding came after a severe overnight storm brought driving rain to the greek capital. Roads turned into money rivers muddy rivers that carried away vehicles and tossed them into piles on roadsides. More torrential rain is expected tomorrow. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Bloomberg technology is next. Emily im emily chang, and this is bloomberg technology. Stocks slide, equity falls. Tech stocks at record levels. Is there a massive pullback to come . Can blackberry make a comeback with software . We will hear from the ceo in an exclusive interview. Tencents blowout quarter. Sales jump more than 60 in the last quarter. We will discuss the companys secret to continued success in asia and its u. S. Ambitions. First, to our lead. Cauti
The last quarter. We will discuss the secret to the companies continued success in asia, and its u. S. Ambitions. Uber has set the stage for one of the biggest deals ever. The service has approved buy a 1s offer to billion stake. Softbank and other firms will be allowed to invest up to 1 billion in uber, and can buy out the 9 million in shares. I caught up with cory johnson and eric newcomer. We have basically everything except the price, which is key. And who the sellers are, we dont know that for sure. Therefore, we dont know the total amount that is up to be bought. But we have sort of a slate of governance reforms, and we have softbank and a number of other potential buyers. But the thing we have been negotiating for the last many weeks now if those governance reforms, and the process by which softbank would buy the shares. Emily so, talk to us about some of the governance reforms. There were some contentions over Travis Kalanicks role. They made some compromises and benchmarks mad
Tencents blowout earnings. Sales jumped more than 60 in the last quarter. We will discuss the secret to the companies continued success in asia, and its u. S. Ambitions. Uber has set the stage for one of the biggest private startup deals ever. The service has approved softbanks offer to buy a 1 billion stake. Softbank and other firms will be allowed to invest up to 1 billion in uber, and can buy out up to 9 million in shares. I caught up with cory johnson and Bloomberg Technologys eric newcomer. We have basically everything except the price, which is key. And who the sellers are, we dont know that for sure. Therefore, we dont know the total amount that is up to be bought. But we have sort of a slate of governance reforms, and we have softbank, dragon year and a , number of other potential buyers. But the thing we have been negotiating over for the last many weeks now if those governance reforms and also sort of the process by which softbank would buy the shares. Emily so, talk to us ab
We will discuss the secret to the companies continued success in asia, and its u. S. Ambitions. Uber has set the stage for one of the biggest deals ever. The service has approved softbanks offer to buy a 1 billion stake. Softbank and other firms will be allowed to invest up to 1 billion in uber, and can buy out the 9 million in shares. I caught up with cory johnson and eric newcomer. We have basically everything except the price, which is key. And who the sellers are, we dont know that for sure. Therefore, we dont know the total amount that is up to be bought. But we have sort of a slate of governance reforms, and we have softbank and a number of other potential buyers. But the thing we have been negotiating for the last many weeks now if those governance reforms, and the process by which softbank would buy the shares. Emily so, talk to us about some of the governance reforms. There were some contentions over Travis Kalanicks role. He made some compromises and benchmark made some compr