meddling we ll discuss the potential impact for facebook and for the other big tech names. speaking of big tech names intel ceo brian krzanich will be here for an exculusive interview about the company s new autonomous vehicle partnership with alphabet s waymo unit that will be coming up a while from now. that will be very interesting. plus, find out whether a nearly $8 billion missile defense deal could signal more deal making on the horizon for the defense industry which is enjoying all-time highs in this market today. let s start, though, with facebook feeling more pressure from washington over those russian ad buys ahead of the election julia boorstin has the very latest julia? reporter: hey, kelly. facebook s under fire for recent revelations that russians bought ads on the social network to influence the presidential election house intelligence committee ranking member adam schiff is calling on the company to testify before congress saying i m distressed it h
130 people dead in november, 2015. islamic state cleansers possibility for that violence. emergency in power security forces to apply the highest level of protection in the run-up to spring s presidential and general elections. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. i am emma chandra. this is bloomberg. live from bloomberg s world is in new york, i am scarlet fu. joe: i am joe weisenthal. we are 30 minutes away from the close of trading. scarlet: u.s. stocks making a comeback. the day after the fed meeting and the fed said they were raising interest rates. joe: the question is what d you miss? scarlet: plus, is cash still ken harvard economist rogoff wrote a book about the sinister side of cash, and we might be seeing those effects in countries like india and venezuela. he will join us in the next hour. and 20 states to mylan and other generic drug makers of conspiring to raise drug prices. we will speak
it hundred 92,000 subscribers in the first quarter. price cuts certainly help. sprint really stays ahead of t-mobile as the nation s third-largest wireless carrier. sprint has posted two point three $8 billion $ 2.38 billion in the first quarter. the sprint name is not as viable as it once was. disney says the heir apparent co2 bob iger heir apparent ceo to bob iger, tom staggs stepping into his new role. meanwhile shares are showing strong earnings early in the week. sony pictures cochair amy pascal, jokes that president obama and his opinions on movie salaries is stepping down from her role in the film business there. she s not leaving sony altogether. she will start a new production company with backing from tony that will retain all this region rights to her films. hackers in the lead again. and indianapolis based company says it was the victim of a sophisticated attack, with criminals breaking into their database and sweating information of tens of millions of custom
verizon is selling to frontier communications for $10.5 billion in cash. verizon is selling wireless towers to the already indebted american tower corporation. a quick round up of tech earnings call of duty maker activision, stocks tumbling. the company says a strong u.s. dollar will hurt profits going forward. former parent vivendi plans to sell the rest of its stake in activision. $867 million worth of stock, although a little bit less after-hours now. go pro, shares surging 75% in the key fourth-quarter. the camera on the stick is going to get better. they are talking about a new camera on a stick called the hero 4 camera. go pro profits, $122 million in the quarter. earnings report, not so rosy for pandora. the internet radio service added 5 million active listeners in the quarter, but the overall growth rate is slowing. yelp posting profits of $32.7 million in the fourth quarter, a lot of it due to a tax item. another tech company reported earnings today, twitter and
media companies that are reshaping our world. after months of speculation, nearly 4 million public comments. fcc chairman tom wheeler has finally outlined his net neutrality program. the key takeaway, proteciton of an open internet and regulating the internet as utility. he writes in an op-ed at wired magazine online, i m submitting not a lot of big surprising news, but i must say that i think it is a disappointing move. it is largely an overblown response into a narrow question of what sort of legal authority that at the need to police the open internet. i am disappointed. you are disappointed because they are trying to change what disappoints you about it? title two, there are all sorts of legal entities we crossed into. a big part of the open question is how the fcc will do the forbearance process? there are provisions of title two that just about everyone agrees are outdated and unnecessary. give me one example. they were written when people were using homing p