Alphabet. We will have details. Wework went from one of the most anticipated ipos to a floundering Coworking Company just trying to survive. We will look at what it faces in the new year. But first, our top story. Bloomberg was the first to report the iphone maker has a secret team working on a satellite technology, striving to find new ways to beam data directly to its devices. This is all according to people familiar with the matter. The company has about a dozen engineers from the aerospace satellite, and antenna Design Industries working on the project with the goal of deploying their results within five years. For more, i want to bring in bloomberg technologys mark gurman. What do we know so far . It is topsecret. It is operating like a startup in apple. It has the right funding. It has the ear of tim cook. It has a bunch of Aerospace Engineers and executives working on a plan to let iphones and other apple devices receive their data directly from apple developed antenna towers, s
Technology. Coming up in the next hour, secret project. Have a team to working on Satellite Technology to be an Internet Services to devices. It will allow it to bypass Wireless Networks. Latest. Plus a pay raise. The reins, akes receiving a 242 million exception package. Details. Ve and big tech in 2019. Of the ent from one most anticipated ipos to a floundering company just survive. O we look at what it faces in the new year. But first to our top story, loomberg was the first to report that the iphone maker has a secret team working on a Satellite Technology. To find new ways to bring data directly to its devices. According to people familiar with the matter. He company has got a dozen engineers from the aerospace antenna Design Industries working on the project with the hope of deploying their results years. Five for more i want to bring in bloomberg technologies. What do we know about the so far . We know its top secret. Its operating like a startup inside apple. Has the ear of tim
Launcher, fun on the high seeds for high rollers. First, carol massar. Utilities in the spotlight today, including emerson electric. Optionpany expanding an with acquisitions and investment possibility. Dollar general shares slid 7 . Ceo plansnt retailer to retire in 2015. The stock rising on speculation of a possible takeover from Family Dollar earlier in the month. 3 e shares rising as much as after the Largest Sporting goods topped analyst estimates. Fromompany benefiting customers buying Athletic Apparel for everyday wear and not just sports. That is some of the top stories at this hour. Back over to you. Nike, the worlds Largest Sportinggoods maker one person who helped build the shoes literally is mike freedom he has 14 patents for prototypes for nike. Mike, thanks for being with us here on taking stock. I wonder if you can describe to people high you got into the world of designing for wear. Footwear. I started in college, working with the cofounder of the company. We started mo
Kyra phillips talked with petraeus about it. You said it was wonderful, equal parts inspirational and sobering, it was a tremendous reminder of the blessings that we all have regardless of our personal situations. It was inspirational at a key moment. And i just want to know what you meant by that, sir. Well, i meant exactly what i said by it. And, you know, ive known mark weber since we served together in iraq in 2005. I kept in touch with him after that. And i have followed him with enormous admiration the way hes hung tough in recent years despite having the heaviest of rocks added to his rucksack. He emphasizes in his book the importance of pressing on when life doesnt go the way you would want it to go. You can see more of kyras interview on our Sister Network hln. Thats it for me. Deb feyerick takes it from here. Thank you so very much. Im Deborah Feyerick in for brooke baldwin. The news starts now. If there is a song in here, it is a sad one. Country musics Mindy Mccready, so mu
Needs to be suspended, amber. Reporter here on the cal campus there appears to be a sense of forgiveness. But leland yee is calling for the coach to be suspended. Reporter cal basketball coach montgomery says he let his emotions get ahold of him. Crab appeared upset and was led away. Today leland yee is asking for some action. There needs to be some suspension. I think the one day suspension is enough to show that it is not okay. Crab led the bears come back in eventual lee. Montgomery was unapologetic says the shove quote worked didnt it. But later in a statement he said while my intent was to motivate our student athlete, but actions were inappropriate and i apologize for my actions. The pac12 reprimanded coach montgomery. There are reports that coach montgomery was involved in a similar incident and this time the coach should be punished. Reporting live here at the uc berkeley campus. Amber lee, ktvu channel 2 news. More details now this isnt the first such controversy for the cal b