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Power but without a clear majority. Global news 24 hours a day. I am Alisa Parenti. This is bloomberg. Bloomberg technology is next. Emily i am emily chang and this is bloomberg technology. Coming up, tech stocks nosedive dragging the nasdaq to its lowest levels this year. We will map the sudden selloff and. Theresa mays gambit. To the Prime Ministers move gain a greater majority backfired and the potential impact on her brexit agenda. Potential miss on the upcoming data revolution. Why the latest iphone may not satisfy customers needs for speed. After seeing Massive Gains this year, big tech stocks came crashing back down posting the biggest losses in months. Shares of apple, microsoft, amazon, and facebook are some of the biggest decliners of the day. Mike regan joins us from new york. What exactly happened . As you ment ....
The House Intelligence Committee is demanding copies, if they exist, of white house tapes of conversations between President Trump and james comey. It also wants notes and memos of his discussions with the president. The state Department Says the United States respects the decision of british voters in the general election and look forward to continuing to work with Prime Minister theresa may. Thursdays Election Results returned mays conservatives to power but without a clear majority. Global news 24 hours a day. I am Alisa Parenti. This is bloomberg. Bloomberg technology is next. Emil ....
That is true on the personal side, does not always carry over to decisionmaking. Singing, Justice Scalia was also known for his singing. P next, we have brian calling caller my question is whether or not i would like to hear your thoughts on whether what the isublicans are doing constitutional. My reading of the constitution is that the constitution shall the supremees to court. It seems unequivocal. To follow that the advice of the senate cannot be to not nominate someone. The defense therefore cannot be never. I would like to hear your thoughts. Guest that is one reading, but one. He generally accepted if you need the sentenc senates consent, they can withhold the consent or withhold it wholesale. It not be pretty, but probably what the constitution envisions is political accountability. If people are not happy, they office. Them out of host what are the chances that there be a hearing or any other action on judge garlands nomin ....
Office, which s is kind of the exemplar invented y basically the game in a sense from the Institutional Investment perspective. One of their secrets to success getting off the bus one stop too early rather that ne stop too late but takes a lot of courage. And you know, most investors lack courage because they focus career risk and theres a whole principal agent problem there. Furthermore, once you say no to fund, youre forever in that gps bad graces. Right. And we all have examples, ill say i wrote a blog a long epistemologyed the of investing. Why do we believe what we believe. What justifies our beliefs . What made me think of that when to the xl i said no Facebook Fund twice when i was as rinceton and once again they were raising. Everything in that moment said that was an easy no and boom greatest p one of the personaer and ive been nongrata, not explicitly but s ....
Unsettling long term dynamic for long term ecosystem health. Is it happening . I know on the one hand it seemed startups were raising unding every six months or so but critics very recently said these guys are racing back to investors before their paper gains disappear. Ou think thats so so its a really important point because right now, a lot of venture funds are looking paper, right. And in fact, one thing thats a pet peeve of mine is i get day that say our fund is market whatever and somebody said to me the other just had a bunch of markups so our fund is sitting on cash. No its paper on cash. Market stuff before Business School and we always talked about the pit you get in turns omach when a trade into an investment. Similarly i fear as an industry were headed for this moment unrealized because everybody has unrealized things in the portfolio. Theres a moment when the unrealizable omes and thats the moment of nausea. Bill is ....