Warning against seating Telecom Infrastructure to china. We get reaction to that. And tesla turned our heads this week. Look back at some of the biggest stories in tech. To our top story, u. S. Equities headed into the Holiday Weekend on a positive note after the release of steady figures for retail cells and with investors continuing to weigh contrasting data from china on the spread of the coronavirus. The s p 500 closed at record high after swinging between small gains and losses in fridays session. To discuss todays Market Performance and technology we are joined by laura kane of ubs. To kick us off, i want to take a look i am showing from my terminal. As you know, the trade of 2019 was u. S. Versus the rest of the world. I was speaking with david kelly, the global cio of jp morgan Asset Management who was trying to make the case for over waiting International Equities. Are you still trying to overweight International Equities or do you think it is u. S. Versus the rest of the worl
in comparison, paramount plus total subscribers stand at 63 million and warner bros discovery at 95 million. could it take on those giants? joining me now is alice enders, head of research at enders analysis. good to have you with us. talk to me about what you make a first of all about what you make a first of all about these early stage talks. we always talk and expected it would be consolidation, is that what this looks like? it consolidation, is that what this looks like? looks like? it is what it looks like. on the looks like? it is what it looks like. on the other looks like? it is what it looks like. on the other hand, - looks like? it is what it looks like. on the other hand, at l looks like? it is what it looks i like. on the other hand, at this time, we don t know whether this is going to be a merger of two companies or whether it is going to be paramount taking over warner. and in either case, i think there would most likely be a regulatory dimension. you know,
U uncertainty of a number of saudi princes and ministers were arrested over the weekend on corruption charges and of course as you probably have heard by now, that includes prince al waleed bin talal well look at what this means for u. S. Companies looking to do business in saudi arabia we havent even gotten to the Qualcomm Broadcom story but theres other things to get to now. We have the breaking news now that disney has held talks to buy most of 21st century fox. David faber back again anything new on this is. We can advance the story a little bit and refresh it for people, guys 21st century fox, as bill just said, has been holding talks to sell most of the company to walt disney leaving behind a Media Company that would be tightly focused on news and sports according to people familiar with the situation these talks have taken place over the last few weeks and given their complexity, it continues to be seen as a tough deal to get done by those whove been working on it the two sides
To stay on hold of a record low of 0. 25 . And the company that created photoshop, well be speaking to the boss of the Software Firm adobe, shantanu narayen. Today we want to know, do you use snapchat . What do you use it for . Let us know. Just use the hashtag bbcbizlive. I know that tanya is a user of snapchat, i have seen the selfies and we start with snap, the Company Behind the messaging app snapchat. It lets you send photo messages that disappear after a few seconds. But it seems the confidence of investors has gone missing almost as fast. Snaps shares plunged in after hours trading on its first set of Financial Results since that huge Flotation Back in march. Snap lost 2. 21 billion in the first three months of the year. Thats way more than the same time last year. Why . Well, mostly because of huge pay outs to staff with Stock Options in the flotation. But heres the number investors are really looking at. By the end of march 166 Million People were using snapchat every day. Tha
32 year old Kelly Brewster came from sheffield. A polish couple who havent been named were also killed. 64 people are still in hospitals across manchester 20 of them are in a Critical Condition. Good morning. It is tuesday the 24th of may. Welcome to bbc newsroom live. More details are emerging about the salman abedi who carried out the attack on Manchester Arena in which twenty two people died. The government has raised the Terror Threat level to critical following the bombing, meaning another attack is imminent. This Morning Police in manchester have arrested three more men in connection with the investigation. The Home Secretary amber rudd says it is likely salman abedi was not acting alone. Its likely abedi was not acting alone, and he was known up to a point to the Security Services. His brother is among those arrested. The French Interior minister says he had probably travelled to syria, its thought he may also have just returned from libya the official Terrorism Threat Level in