30 Burst results for "Softbank Group"

"softbank group" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:14 min | 4 months ago

"softbank group" Discussed on Bloomberg Radio New York

"Thank you so much for that update. Well, all this week As we've been mentioning, we're featuring segments from the business week. It's a week long Bloomberg live event, bringing the magazine toe life each day, focusing on a section of lumber Business Week magazine going hand in hand. With that how to issue of the magazine that is coming out today. It was Day two was all that tech and transformation and that included a conversation between Bloomberg's Ed Hammond and Marcello Querrey, who's executive chairman of We Work, CEO of Softbank Group International, CEO of Software Softbank Group, and they talked about a lot of things, including high demand for office space and accepting crypto. Payment. On bunnies are not looking forward to going back to the traditional way off signing a 20 year. Lisa setting up this non flexible and borders that's that the office is very different today. No, The biggest or most of our larger customers are the world more valuable companies who basically sending us their employees because they don't know How many days are gonna be working because they don't know where their business is gonna grow when you're sitting in the only company in the world that has over 1000 buildings. In pretty much most important cities in the world. Demand for we work space today. Is higher than he was prior to the pandemic. So when the pandemic allowed, we work allowed to be in bed itself. It allowed to learn how to operate on the most. Most flexible bases, and now you have it. We worked that. Like I said, before, you know, we were should be a profitable company by the end of this year for by the beginning of next year is latest. I'm the man for this type of flexible off space is harder than ever. And I think the world is gonna really find in terms off. Or flexibility becomes the most important part that a company car over its employees. Going to go there with the crypto question. Obviously, we worked last month announced that it would be accepting payment in the form of Cryptocurrency Bitcoin. It also said it would hold some on its balance sheet. Today we saw, you know must come out and say tested would no longer be taking Bitcoin over concerns about the impact it has on the environment. Obviously, the environmental impact of mining Bitcoin has has gone up significantly over the past few months. Is that the right move? Is that something we like to see We were followers that just a sort of reaction Tonto to a short term trend. I mean, the reason why we decided to accept Cryptocurrencies was because of customers were asking for it. We know one of things that we do with Sunday piece. We listen to our customers a lot. We have to write. It tells a chaperone. Think they're looking. They tell us the type of setup that they want Andre the crypto Wars came out a lot of work, boys say, you know, we would like to pay in crypto. We have accumulated a significant amount of wealthy encrypt all that we would like to use it to pay for rent. That friend becomes an important part of many companies, so we decided to basically said Crypto At the same time, you know people facing crypto to us it just another currencies like we're holding two. We have U. S dollars for euros. With the pounds we got crypto. We got Japanese Yen's. We got s so to us, It makes no difference and, of course for myself for reimbursement in crypto. Paying crypto we have, you know, without over customers were famous in crypto currencies. And we have some landlords who said Look, I would like you to pay me Cryptocurrency. So you know the way we work looks at it. You know we are. We're going to listen to her, of course towards one from all sides, they demanded. They wanted to pay encrypt thought after we took crypto form of payment. Do you have a level that you become through going to in terms of your sort of total money going in and out in the form of crypto? Mean to raise a very small part of our business, I think is the beginning. I think kryptos a megatrend. I think crypto cannot be ignored. On, you know he's going to grow according to whatever customers want before it goes to his well being crypto more. We're gonna accept Crypto costumers wanted traditional currency. We're gonna accept form of payment as traditional currency. So to us It was nothing more than a move to basically help or customers satisfied some of their needs their of costumes for us different Obviously, our first customer and larger was going based. Not a lot of people know, but you know, the headquarters of most of the real estate and Coinbase uses. If we work, God, I'm being them the largest exchange of Cryptocurrency. They know they had. They were the first customer to Pearson Cryptocurrency. All right. That's Bloomberg's Ed Hammond, speaking with Marcelo Claure, executive chairman of We Work, CEO of Softbank Group International and CEO of Softbank Group. Interesting conversation. It was a lengthy conversation. I highly recommend you check it out at Bloomberg live dot com because That full interview is there you also see more interviews from the Business Week event, including how to create a lasting franchise with the fast and furious filmmaker Justin Lin. That was a fun conversation talking about Vin Diesel and Just how they do it and how it comes together. As for this soft bank executive, Marcella Querrey, he got into also talking about this being one of the most important revolutions in human mankind this time period that we're in, and he said every single industry vertical as we know it will be different. Five years from now. Massively disrupted So in terms of their investments, they're not looking for short term plays. They're looking for those investments they can make that will be worth 10 times or 100 times in 5 to 10 years, and he specifically talked about you know how we're here in a half ago that people there's a lot of doubt around Softbank and also the Vision fund specifically, and he said they're combined, he said he thinks it's around the IRA are the internal rate of return around 43 to 44% for that vision fund. So like I said, Check out the full conversation, he Is also very involved. I've got a new fund their investing big time in Latin America. He pointed out little perspective that the GDP of Latin America two times the size of India, two times the size of Southeast Asia, and only half that of China. And so that is certainly a narrow where they're finding a lot of disruption and a lot of places to invest. Are you listening to? Bloomberg Business Week. Carol Massar in our interactive brokers studio coming up. We're going to talk with the president, CEO of delivering good. They are an organization that for several decades Have been bringing together the retail industry.

Marcello Querrey Ed Hammond Carol Massar Marcelo Claure Marcella Querrey Justin Lin Latin America Vin Diesel Softbank Group International 10 times Today Softbank Group Southeast Asia 100 times 20 year Software Softbank Group Lisa last month Softbank two times
SoftBank Turns $11 Billion Profit, Helped by DoorDash

Mark Levin

00:34 sec | 8 months ago

SoftBank Turns $11 Billion Profit, Helped by DoorDash

"Telecommunications and a technology conglomerate Softbank Group reporting a massive $11 billion profit for the fourth quarter. Jeremy House reports, Softbank says its profits of far better than what analysts had expected. Growing 21 pulled from its profit the previous year. Value of its investments rose, including the endured Ashley US Food Delivery service and Uber US technology company that offers right healing and deliveries. Softbank's investment portfolio got an overall healthy boost from booming global stock markets, authorities in

Softbank Jeremy House Ashley Us Food Delivery Servic United States
"softbank group" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:08 min | 10 months ago

"softbank group" Discussed on Bloomberg Radio New York

"Secretary of state is set to certify Joe Biden as the winner of the election on that matters in And I'm Susanna Palmer in the Bloomberg News Room. Tony Shea, the retired CEO of Zappos dot com, who revolutionized the online shoe industry and gained notoriety for his company's unique corporate culture, has died. He was 46. Lawyer for Shay told news outlets that he had been injured in a house fire while visiting Connecticut. Earlier this month, New York City reported 1589 new virus cases in the latest count, based on a seven day average most since May. It was the second consecutive day over 1500. A seven day average positive test rate increased to 3.64%. The figure has been above 3% since it reached that level. Earlier this month, Softbank Group rose to a fresh 20 year high as the recent stock market surged, boosted the value of holding, such as uber technologies. And brightened up the prospects for portfolio companies going public. Bloomberg's Gregg Jarrett reports. The U. S ride hailing Pioneer recovered from stumbles after its initial public offering last year, and it shares have gained more than 70% this year. Softbank's 13% stake is worth about $11 billion. The Japanese company is also a major shareholder in US delivery giant Door Dash, which filed to go public this month. What? Jared Bloomberg Radio There was a flash back to 1989 when David Dinkins defied the odds to become the first and only black mayor of New York City when current Mayor Bill de Blasio spoken a tribute for Dinkins at the National Action Network in Harlem this morning. Blasio said. Dinkins led efforts to put more police on the streets of the Big Apple after no one thought he could become mayor. There's a generation of people who believed they could make a difference because they saw David Dinkins do it first. He has a human legacy You can feel right here in this role. Diggins passed away Monday at age 93 Global News 24 hours a day on air and on Bloomberg. Quick take powered by more than 2700, journalists and analysts and more than 120 countries. I'm Susanna Palmer, This is Bloomberg. This.

Bloomberg David Dinkins Mayor Bill de Blasio Susanna Palmer Jared Bloomberg Tony Shea New York City Softbank Group Joe Biden Shay Gregg Jarrett CEO US Diggins National Action Network Connecticut Global News Harlem
"softbank group" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:40 min | 10 months ago

"softbank group" Discussed on Bloomberg Radio New York

"Test rate increased to 3.64%. The figure has been above 3% since it reached that level. Earlier this month, Softbank Group rose to a fresh 20 year high as the recent stock market surged, boosted the value of holding, such as uber technologies. And brightened up the prospects for portfolio companies going public. Bloomberg's Gregg Jarrett reports. The U. S ride hailing Pioneer recovered from stumbles after its initial public offering last year, and each shares have gained more than 70% this year. Softbank's 13% stake is worth about $11 billion. The Japanese company is also a major shareholder in US delivery giant Door Dash, which filed to go public this month. Jared Bloomberg Radio. There was a flash back to 1989 when David Dinkins defied the odds to become the first and only black mayor of New York City when current Mayor Bill de Blasio spoken a tribute for Dinkins at the National Action Network in Harlem this morning. Blasio said. Dinkins led efforts to put more police on the streets of the Big Apple after no one thought he could become mayor. There's a generation of people who believe they could make a difference because they saw David Dinkins do it first. He has a human legacy You can feel right here in this room. Diggins passed away Monday at age 93 Global News 24 hours a day on air and on Bloomberg. Quick take powered by more than 2700 journalists and analysts and more than 120 countries. I'm Susanna Palmer, This is Bloomberg. This is master's in business with very rich hold on Bloomberg Radio. My special guest today is Greg Fleming. He is the founding CEO of Rockefeller Capital.

Bloomberg Bloomberg Radio David Dinkins Mayor Bill de Blasio Softbank Group Greg Fleming Gregg Jarrett US National Action Network Susanna Palmer Rockefeller Capital Harlem Diggins Apple New York City Global News
"softbank group" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:10 min | 10 months ago

"softbank group" Discussed on Bloomberg Radio New York

"But his wallet stopped the bullet and he was not injured. Cameron Fairchild Candy. I'm Susanna Palmer in the Bloomberg News Room. Tony Shea, the retired CEO of Zappos dot com, who revolutionized the online shoe industry and gained notoriety for his company's unique corporate culture, has died. He was 46. Cause of Shay's death wasn't released. A lawyer for Shay told news outlets that he had been injured in a house fire while visiting Connecticut. Earlier this month, New York City reported 1589 new virus cases in the latest count, based on a seven day average most since May. It was the second consecutive day over 1500. Seven day average positive test rate increased to 3.64%. The figure has been above 3% since it reached that level. Earlier this month, Softbank Group rose to a fresh 20 year high as the recent stock market surged, boosted the value of holding, such as uber technologies. And brightened up the prospects for portfolio companies going public. Bloomberg's Gregg Jarrett reports. The U. S ride hailing Pioneer recovered from stumbles after its initial public offering last year, and it shares have gained more than 70% this year. Softbank's 13% stake is worth about $11 billion. The Japanese company is also a major shareholder in US delivery giant Door Dash, which filed to go public this month. By Jared Bloomberg Radio. There was a flash back to 1989 when David Dinkins defied the odds to become the first and only black mayor of New York City when current Mayor Bill de Blasio spoken a tribute for Dinkins at the National Action Network in Harlem this morning. Blasio said. Dinkins led efforts to put more police on the streets of the Big Apple after no one thought he could become there. There's a generation of people who believe they could make a difference because they saw David Dinkins do it first. He has a human legacy You can feel right here in this room. Diggins passed away Monday at age 93 Global News 24 hours a day on air and on Bloomberg. Quick take powered by more than 2700 journalists and analysts and more than 120 countries. I'm Susanna Palmer, This is Bloomberg. This is balance.

Bloomberg Susanna Palmer David Dinkins Jared Bloomberg Shay New York City Mayor Bill de Blasio Tony Shea Softbank Group Cameron Fairchild Candy Gregg Jarrett US CEO Diggins National Action Network Connecticut Global News Harlem Apple
"softbank group" Discussed on AM 970 The Answer

AM 970 The Answer

01:58 min | 11 months ago

"softbank group" Discussed on AM 970 The Answer

"Company Softbank Group has reported it bounce back to its profitability in the last quarter as its investments improved in value. The company says it recorded a $6.1 billion profit in July to September, Softbank said its quarterly sales rose nearly 5% to $13 billion. Softbank has sold British I OT company arm and some of its stake in Chinese e commerce company Alibaba to raise cash. Sprint merge with T Mobile in April, which means Sprint is no longer part of Softbank's group or earnings. Softbank's Vision Fund of investments was profitable. Jeremy House reporting McDonald's U. S sales came roaring back in the third quarter and by the introduction of spicy chicken nuggets and a meal deal promotion, the company says a much anticipated big chicken sandwich will go on sale in the U. S early next year, and it's also developing A plant based burger More on these stories, a townhall dot com I'm Rhonda rocks. Hi Kevin McCullough. You know, earlier this year when the pandemic hit the first world, we were not quite sure how we would survive, Especially those of us here in New York. We saw so many loved ones harmed so incredibly, we saw political malfeasance and we saw many other ways in which our lives were upended and changed. In really harmful and hurtful ways. But you know what? God had a way of pulling us through that What we didn't understand then and what we're still only finding out now is the impact that the first world's interruption with the pandemic is having on the third world. Did you know that Children in Latin America and the Caribbean are dying? Still because of the fallout due to Corona virus and the economic interruptions to get food to those communities. That's why we're partnering with food for the poor to provide emergency food for Children right now. Your gift of $74 would provide six months worth of food for a brother and a sister. Would you call 8559074673 recorded its Hewitt and.

Softbank Group Sprint Vision Fund of investments Alibaba Kevin McCullough Jeremy House Hewitt Caribbean Latin America New York T Mobile McDonald
"softbank group" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:38 min | 1 year ago

"softbank group" Discussed on Bloomberg Radio New York

"Intel has agreed to sell its NAND memory unit to South Korea's escape. Hynix for $9 billion That's a big deal. This morning s K Hi Nexus trading lower, though it has fluctuated about 2 to 3% down for the session and looking at the broader markets. The Nikkei is down about 3/10 of a percent similar losses in Sydney here this morning. The cost be he's down about 4/10 of 1%. And Taiwan and Singapore. Similar moves to the downside, Softbank group is trading off about 1%. Softbank has increased its equity positions to more than $20 billion. It appears the company is doubling down on an earlier bet. Despite a skeptical response from shareholders at the time that said Softbank itself is trading very near to a 20 year high I mentioned the currencies weren't too active. All of a sudden here we've seen a little strength in the U. S dollar. We had been trading lower. It's now up a little under 1/10 of 1%. And so the end is weak and Dahlia wanted 5 58 the euro at a dollar 17 68, the Aussie He's trading pretty sharply weaker 70 to 70.39 US sense. The yield on the 10 year has moved down one basis 10.20 point 76%. And crude is trading off. About two thirds of 1% wanted data out of China. The lone prime rate kept unchanged and September new home prices were up about a third of a percent month on month up 4.5% year on year growth was slower than in August. That's a look at markets. It brings us to 12 minutes before the top of the hour, Mrs Bloomberg Daybreak Asia and handling news.

Softbank group Intel South Korea Mrs Bloomberg Daybreak Asia Taiwan Dahlia Sydney China Singapore US
"softbank group" Discussed on KOMO

KOMO

02:08 min | 1 year ago

"softbank group" Discussed on KOMO

"The hour on Comeau New Money News now sponsored by Propel Insurance. Here's Jim Tesco, a very positive starts in a week for US stocks, with technology shares pacing the events that thou Jones industrial average today Rose 327 points. The NASDAQ was up 203 or 1.9%, the SNP gained 42 points. Big deal in the semiconductor world and video has a deal to buy. UK based chip designer arm from Japan's Softbank Group for as much as $40 billion shares. A Softbank sword 10% in Japan on the news while in the U. S and Video shares, rose 5.8%. Video said it will license its flagship graphical processor unit through arms network of Silicon Partners. Meanwhile, Viacom CBS has found a buyer for its C net tech website and others, including ziti Net and Metacritic about a $500 million deal to sell it to publishing group Red Ventures. That's your money now. For what it's worth. I'm Daria holding our ABC News. The rules about masks on planes again running into a two year old with other ideas just kept coming over, asking if he would wear it the full flight and I said that he would, and it definitely was a struggle, but something that we're working on Jody Dejan Ski was trying to fly from Florida to Chicago on a Southwest jet, but his son just wouldn't keep his mask on, was asked to leave the plane. Company by the manager of the supervisor, the flight attendants and the pilot. And, she says, definitely emotional and traumatic for him as we were leaving the plane. Genske says she understands the need for rules agree with the process in the protocol. I also think there needs to be some leniency when it comes to eating and drinking. It seems like there's a lot of grey area and she hopes the main takeaway from this is empathy. Sympathy during this time of transition. Southwest is anyone two years old and up has to wear a mask. If they don't they can't fly no exceptions for what? It's worth area holding her ABC News traffic in west of Tiger Mountain Summit, All lanes of westbound on highway 18 remain closed due to an earlier collision. Along with the eastbound highway 18.

Comeau New Money News ABC News Genske Jim Tesco SNP Japan Jody Dejan Ski Softbank Group Propel Insurance Southwest Tiger Mountain Summit Silicon Partners Red Ventures US Viacom Daria supervisor chip designer UK
"softbank group" Discussed on WGN Radio

WGN Radio

02:13 min | 1 year ago

"softbank group" Discussed on WGN Radio

"Based chip designer arm from Japan's Softbank Group and the Philadelphia chip Index, Rose 2.4%. All major s and P sectors were higher, with technology, leading the charge with an increase of 2.3% or eagle climbed 5.6%. As the cloud services company said it would team up with China's bite dance to keep take talk operating in the United States meeting Microsoft and a deal structured as a partnership rather than an outright sale. Amazon roves about 1.9%. After that news that would be hiring 100,000 more workers. Apple and Google parent alphabet also rose between two M 3.5%. So the numbers on Wall Street the Dow industrial average of 374 points, the S and P 500 up 57, the NASDAQ up 244 points, turning to the grain trade at the Chicago Board of Trade. The September week contract continues very strong. It's up 15.5 cents a bushel, but September corn is down. Six sense and September soybeans of 13 and three quarters empty a bushel. Livestock Future Chicago Mercantile Exchange. The October lean hard gun tracked down a dollar 15 cents hundredweight. The October Lied. Cattle contract is up a dollar 32 cents and the October Peter Cattle Contract. Oppa, dollars. 62 cents 100 Weight that your money on 7 20 w G. N and I'm Lauren Latka on Chicago's very own 7, 20 WG and coming up. We've got speed jokes the repeat version A little bit later in the program and also the mega quiz Mega Pro's name that tune quiz. Maybe Lauren Laptop can help on that so excited the best of anyone else in the room. Okay, that's coming up everyday. Americans like you are working.

Peter Cattle Contract chip designer Chicago Board of Trade Lauren Latka Lauren Laptop Softbank Group Chicago Amazon Apple Philadelphia Japan Microsoft United States China Google
Nvidia to buy UK's Arm, sparking fears of chip dominance

Bill Leff and Wendy Snyder

00:44 sec | 1 year ago

Nvidia to buy UK's Arm, sparking fears of chip dominance

"To hold pretty good advances to start this trading week. It's getting a boost from technology stocks, while signs of progress and developing a covert 19 back scene and the spurt of multibillion dollar deals also frightening the mood to start this week. Vidia jumped 6.7% on plans to buy UK based based chip chip designer designer arm arm from from Japan's Japan's Softbank Softbank Group Group and and the the Philadelphia Philadelphia chip chip Index, Index, Rose Rose 2.4%. 2.4%. All major s and P sectors were higher, with technology, leading the charge with an increase of 2.3% or eagle

Chip Designer Softbank Softbank Group Group Philadelphia Japan Vidia UK
SoftBank Nears $40 Billion Deal to Sell Arm Holdings

Masters in Business

00:38 sec | 1 year ago

SoftBank Nears $40 Billion Deal to Sell Arm Holdings

"We're hearing Softbank Group is nearing a deal to sell British chip designer arm holdings to in Vidia. For about $40 billion more on that from Bloomberg's Denise Pellegrini. A sale of Arm holdings would be the latest in a Siri's of big asset sales by soft Bank, the Japanese technology conglomerate. The cash and stock deal being discussed would value arm somewhere north of $40 billion. Now, the terms under discussion could mark a big win for Softbank. Which bought arm four years ago for $32 billion and its struggle to jumpstart growth of the business. Denise Pellegrini Bloomberg Radio

Arm Holdings Denise Pellegrini Softbank Group Bloomberg Bloomberg Radio Siri Vidia
"softbank group" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:22 min | 1 year ago

"softbank group" Discussed on Bloomberg Radio New York

"Amber radio. From Bloomberg World Headquarters sign Charlie Appellate Softbank Group is injecting $1.1 billion until we work to help whether the corona virus pandemic this, according to a staff memo obtained by Bloomberg News, applied materials out after the closing bell. It delivered a bullish forecast for the current period on increasing orders for equipment used by makers of computer chips. Shares of Applied Materials took her AM 80 there up now fight. Just about 2% turned out to be a mixed Thursday here, with the S and P 500 index down six drop of 2/10 of 1%. A stack flirting with records for a while. Another record, But today was up 30 points and just to be clear, not a record today by 3/10 of 1% higher by 30 points. The Dow tumbled 80 points lower by 3/10 of 1%. Tender, down 11 30 seconds. He'll 300.72%. Golden, 1953 Beyond small, West Texas intermediate crude was down 8/10 of 1% $42.34 a barrel, while Damn Morris's senior investment strategist, BMP Padova as that management in London on on Bloomberg Television this morning, he talked about the potential risks for some of the high flying tech name too. Now around the pandemic, you know it's been the big beneficiary because Rollin Home Watch Netflix and ordering things from Amazon. If things do improve, if you do get a vaccine, how much of that momentum is reversed, You kind of go back out into the world on spend less time at home, and it's going to take some of the wind out of the hands of technology. Speaking of technology today, Cisco Systems plunged 11% after last night, delivering a lackluster sales forecast, signaling that businesses are spending less. In the pandemic driven recession. Apple has removed fortnight from the APP store, prompting a lawsuit by the game's creator. Epic Games moves escalated dispute between two companies that have been brewing in recent weeks. Recapping some pee down six, a drop of 2/10 of 1%. I'm Charlie. That's a Bloomberg business. Flash Thiss is Bloomberg BusinessWeek with Carol Messer and Jason Kelly on Bloomberg Radio. So this is Bluebeard is a sweet girl. Master Lu is Alex Steel casing. Kelly's off. Alex. We caught up.

Bloomberg World Bloomberg News Bloomberg Bloomberg Television Bloomberg Radio Master Lu Jason Kelly Applied Materials Charlie Appellate Softbank Gro Thiss Alex BMP Padova Damn Morris Rollin Apple Netflix London
"softbank group" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:59 min | 1 year ago

"softbank group" Discussed on Bloomberg Radio New York

"Bloomberg World headquarters in New York. I'm Doug Prisoner. Let's check this hour's top business stories and the markets. Softbank Group has hired Goldman Sachs to help it sell its data and service management unit called Treasure Data. We're told, Softbank is seeking a price of about a $1,000,000,000 right now. In the Tokyo session, Softbank is up by more than 2%. Jack Mas and Group is seeking evaluation north of $200 billion. The company is getting ready to go public in both Hong Kong and Shanghai. We're told this AIPO could raise about $10 billion now. During the U. S session, We had a rally in tech shares, leading the NASDAQ composite higher by more than 2.5%. One all time high 7 10,067 shares an Amazon were up nearly 8%. Then after the bell, IBM reported quarterly revenue above estimates. Cloud sales helped the company offset a decline in consulting services shares were up 4.7% in late US trade, AstraZeneca released results from its early vaccine studies, they showed promise, although analyst did express some concern about whether this vaccine can match those From competitors Years and AstraZeneca and in the New York session, down 4%. Meantime, German biotech firm BYO N Tek and Fizer reported additional data from their experimental covert 19 vaccine. It showed the vaccine was safe and induced an immune response in patients bio in tech shares were up 3.5%. In New York trading, Pfizer picked up 7/10 of 1%. We checked markets every 15 minutes here on Bloomberg. In Hong Kong, Hang Sang is up 1.6%. Shanghai composite, up 3/10 of 1% Danica had 6/10 of 1% and the cost be hired by 1.3%. Global news, 24 hours a day on air and on Bloomberg Quick take powered by more than 2700 journalists and analyst in more than 120 countries. This.

Softbank Group AIPO New York Bloomberg Hong Kong Bloomberg World analyst AstraZeneca Pfizer Shanghai composite Doug Prisoner Goldman Sachs US Jack Mas Shanghai IBM Hang Sang Tokyo Danica BYO N Tek
"softbank group" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:22 min | 1 year ago

"softbank group" Discussed on Bloomberg Radio New York

"The Corona virus and the economic Outlook, John Riding is chief economic advisor at Breen Capital. And he says, ultimately for the economy, it all comes down to confidence. Right now. We're experiencing the listing of constraints on the rebound, but the Virus spread become troublesome for individuals. It won't matter what government restrictions are. A lot of people choose not to get engaged in economic activity. So how do we get the jobs back? In restaurants and bars on be driven entertainment and sports on theater, which will involve people being comfortable in close contact. S and P 500 index advanced 20 points today, up about 7/10 of 1%. The Dow up 153 up by about 6/10 of 1%. Now is that climbed a 110 points for the NASDAQ composite index. Today That was a gain of about 1.1% 10 year yield 100.70%. Gold 17 54 40 For the ounce West Texas Enemy, the accrued up 1.9% $40.58 a barrel. T Mobile US plans to offer shares is part of a transaction with co owner Softbank Group, which is unloading a portion of its stake in the wireless carrier T Mobile, will hold a public offering off 133.5 million shares off its common stock. Delta says it's going to be resuming flights between the US and China this Thursday. Delta says it is the first U. S airlines to reconnect US and China since Covert 19 suspension in February Tough day for a lot of the airlines today, Delta, for example, was down 7/10 of 1%. Among some of the other airline names, ul Down 10.8%. American Airlines, down 6.7% Southwest was lower by 6/10 of 1%. Re capping equities, higher S and P up 20 again of 7/10 of 1%. I'm Charlie Pellet. That is a Bloomberg business Flash. You're listening to Bloomberg, BusinessWeek with Carol Messer and Jason Kelly on Bloomberg Radio. So, Carol. We've been spending a lot of time trying to figure out how businesses get open, You know, especially businesses that social distance isn't really Baked into the whole thing right? And also.

US Bloomberg Delta Carol Messer advisor Bloomberg Radio John Riding American Airlines Breen Capital BusinessWeek Charlie Pellet China T Mobile Softbank Group Jason Kelly U. S
"softbank group" Discussed on AoS Coach

AoS Coach

14:34 min | 1 year ago

"softbank group" Discussed on AoS Coach

"Mean more than just? Hey free movement you look for a was at massive game changer. For the whole army All a loved the the walk lands and I loved the other rules. That will talk a bit lighter that they conduct cleaned up from the book. This was something that was a brand new rule that came into bind split us and for me. It's alright it's one that's kind of really changed imam to do. It's a play these guys at remax. Gsa in a team event and was actually the first weekend of lands as well. Said Noah planed played them before And I came up against toilet. He can be talking to tomorrow with his Six blood vessels or five blood. This many Canada is a great time for me With the with the trolleys track is managed to move forward onto an objective in focal points. Really threw him to conduct in his head. He went yet. I'M GONNA and I'M GONNA run the same plan that he has You know the last few tournaments. He's done really well at and You could say it really threw him off a win to. I LET chief further your control of the table by giving you fest ten. Because that was kind of his plan originally or do I then have to take turns would actually really threw him off. It's one thing for me If you playing against a Alpha Comey You could move. You'll strain food in a move. Everyone else Beck says it is half unit say you running on average probably about ten to eleven units so you're getting five five to six units moving Because it's rounding up. So that's the thing. Is that when when you think about the way? The army works really does a five inches. Doesn't sound like a lot but when you see it on the table with the footprints of a lot of the units as well it does really throw your pundits off. It's one of my favorite rules that they are introduced. Love used to run a freak yield unit of operas just for that ability in chaos players taking one of the warcry will Benz to get one unit to get a free inch move. But you'd have up to half of your army to do. It is is pretty also right because if you're taking shooting units yet range from all things if you are gobble. Combat units you to be fostered Kopat. You've set the screen pace of some of the scenarios as well. Some other scenarios only have eighteen inches between your in your parties at five inches of straight off. The Bat at the charge is always guaranteed rotten without even spending a state pay. So I I know if someone said to me. Hi I'm going to move five inches off. Myabe that also might regency now. Who I- liquors I maybe a Helluva. I really want to take second. Turn Ronaldo go go lost but if you're Russia me my shit need to put my boss. I so I'm GonNa take it and you're putting me psychology at a disadvantage absolutely. Yeah and the other thing that I love is the The Bone grinds me. Say One of the the wall clamps which we. We won't be talking back because I haven't picked that for for my woke land but it's one way you force your opponent to charge safe you within twelve you have to judge 'cause well said that toilets track is by positioning a unit united. If you wanted to move up and say you'RE A unit of heels. Something can you want it to fly over and try and get inside the strains but you've got that closest unit you have to charge that really throws people off to Kinda guy when Emma whole game plan. Which was this before is then thrown off say Yeah all of it. It's a gripe gripe group or singularly tries to close years accurate correct. Yeah because they they yelling profanities at you and and hitting YOU WITH ARROWS. Weapons and stuff and makes angry scrape. That's crazy 'cause like right now building. Tempest eilly something. Playing around with a black dragon moves fourteen inches and the combine trait. Let me run in charge and strength and indium. I'M NOT GONNA WANNA strike first which is pretty cool and then also thinking like unpredictable for civil right Clark says like an eighteen inch plus the RAV plus the charge but obviously what I wanna do is to jump. The screen ought to jump than that at a line know. He's nursing juicy. But I want to get into the center the wizards the year. The things that you're trying to protect but that's GonNa stop me from doing that. So it's almost like the called that equivalent for the king. Can you get shoot? Shoot at the closest. Your phone. Seeing may not to do what I want to do. Seth forget who exactly. That's what I love about it and are now Benjamin Severin England's been doing really well with that said Yet it's it's doing really well. As will eleven scrape next one guys the WALLPA- so role dies h time you? Allocate a wounded were immortal into a modal with his adult trait on six. That model that weaned over which is located. Just get Detroit or is this just heroes. Who GETS that? This is everyone man and the great thing about this was changed from the old book. The book you used to have a six up on rentable save say And also six up against motor wins. This is now a DP which a lot of people referred to damage prevention role Safe you weren't or about away and she gets role at six. You'll see my list lighter later on one hundred and nine. You'll good you there. You trump's out for event of his way to the damage per yes absolutely. It's one hundred ninety where I mean. Chances are all six. You sit there and it's not an amazing safe but sometimes it'll really frustrate you're on a roll that prevents a billion damage from going through sites It's a very nice upgrade. Reluctant he will as well. I mean everyone loves the Phoenix. God because you get the full Robin Johnny on one unit so getting at six additional safe Extrapolating extra in an extra ways Excellent job actually. Teach me the at at extra seats. The next one eat the most humped up. So if a frightening bunch but his unit within three inches of in any Way Anything when chooses to five before pausing you can choose one of the following roles until the end of the face so I can either get an additional three pilots and making my my my pilot six inches at plus one to hit roll off. The attacks made against the most of all if UNMODIFIED UNMODIFIED control for attack made Unit at Targets Star. And it's a stakes that attack inflates one mortal wound in addition to regular damage or damage. yeah say Again this one change from LAS book loss bulky had to roll say never knew you were GONNA get Same rule but they actually used to have Rewrote wins instead of AD. Once a hit. No actually the eight is fob at a fit for me. That's on average hitting on fours The chances of getting through some great winds there and and hits there as much better And the great thing about that is is that I like the wild abandoned. A lot of people kinda tend to ignore that. I think if you're looking at the again trying to get muddles onto an objective if you've got a monster sitting on that chuck a few more something like Steinhorn for example that cancer ten thirty and I want to get some more models on this Sukarno's outnumber the opponents. They need you. That seems pollen sites. It sends we 'cause it's a enemy or monster within three say You know you not being able to do a monster within six and then pulling within six So that's kind of like one that I think a lot of people tend to ignore but I think it's a great rule Steps Stab again. The ad once a hit roses greats in the project strength that so again. It's that Kinda thing of depending on units What like is it's not across the whole table. He'd have to pick one rule and then it all applies to units it can differ between Units there so if I've got say big stab is that rolling against a monster and I want to get plus when they hit on them out do Just to to get that chance off again. If I want to have a thousand attacks going in and I'd rather try get some more wins on them. That guy with the strength as well. So yeah there's a lot of play in that that rule. It's really not yeah. I love it I love it. Gives you such You know he go. It's still dog. Unique does motorway cheap. It down from that one plus will go tool but he needs something else. You know you need this volume yet envoy as you said as well you want to get extra audience take as sweets especially 'cause you got thirty two nil basis. Russia's Olympic hot and two more boys on the objective grade yeah Second lost really hitting get ease the spirit of the battle shopped his The units that if an enemy stop was slain by the wounds inflicted by that unit in the same. Turn our lessons pretty easy it yet. It's a read that three times Yeah what a what I like about. This is that You know you come up against the of secrets that Knox said he wearing. So Knox their unit Dan significantly the battle shocks gonNA cause at bribery as terrible as much as wet frenzied maniac. Said bravery is pretty dodgy All five a five. Say for a unit that Rocking a lot of models on average. It's we can get to bribery. Six bene- so that's exciting But is that sort of thing? If you're losing a couple of models that DOS roles setting ahead of it but if you come up against capers secrets he managed to knock it swings off and say you've lost ten bottles than you not taking a battleship Face which I think's a really powerful ruling. I really like it so yes good month. That is good. You Betsy citing say along the final one is you get these basically once battle. Command ability so If you have any bytes but as which is ernst walk eat is a big low line of text. Basically it's a once Poe by command ability If you have a Army in general the battlefield so these funds requires a general. So what's GonNa Happen is if you do have all of that? Roller dies on at that number to the friendly amount of the units at a holy beating eighteen of Jinro so counting all the units around my general of adding a doctoral if that role is up to eleven if at Raleigh up to eleven at the end of the face at one the attacks characteristics of Melee. Weapons used by friendly with this whole the idea. The general if it's twelve or mole plus to the attack characteristics of the Malay with That holy nineteen of the this is very general. Century is not unlike most other compatibilities e can do just at an average. Had you having to put that in Straits yeah this WANNA? It was a new rule. It was brought in For me I haven't really used in the games that have had Mainly because the time you WANNA use it's a bit like game you will get those extra taxi. And by the time you're in combat and by that stage split up depending on The directives pending on the mission. But I do think it's got some play Miley for that last rule which is the extra hit soul in Italics. Sam It's it's that idea of stacking abilities in trying to get some extra taxes. I mean it doesn't hurt to get an extra one at tackle to attacks on units. That tends to have like you look at a maniacs. We'd not an with a maniac boy unit who's got five attacks per jude on top and then you know to attack with their pigs. Adding as tax more unites that kind of wave and wave of texts coming through It does have some place for me. It's kind well Situational and by the time you managing your way through all the other rules in the book you probably tending to forget it. So it's one that I do want to get a bit more play in with but at the moment it's yeah it's probably not on my number one right off that one feel remind me like a triumph is like you've got something up his sleeve when you need it. We just turned three to four. You probably going about it. Wants to see like little. Token economies binds split. Wog This stuff that yet. I can see why you'd forget it in the index. Thanks Yep Yep anything else you want to add to the by splitter allegiance. What we'll do next is we'll talk about what your your armies about which is going to be about the draft Yemen Just before that will talk about that loss the little wonderful wikileaks about the extra hits the bottom there. It's one thing that they cleared up With the the new book coming out which the lost book we were able to think you were talking about that. Cutting rock way to ten three In a game at cancom because the Amanda dossier have to roll you'd have stacks. He had every four. You'd getting three extra shots than than you'd have to. Then those three extra shots didn't count as an extra hit that cleared up to sites and extra hits the. Just add the DOS. Now you don't have to Raleigh. You don't have to add things in but one thing that's interesting is is that stacking ability so it says that you know there's lots of different abilities throughout the book that allows you to generate extra tax on the six and they do. Stack. So if you've got your spell you got command ability if you're running Drac not track foot. If you're running behind grinds he can add another one in there as well. So sometimes if you roll stricter attacks on top of that site Sam extra hits rather PSI. It is something that cleared up. I'm glad I did because before that it was really hard to manage. Hits a bunch leaders play? It was really painful. Dr Dice Management was probably the worst. I'd ever seen doors. A cane at times can be really bad fit the the they used to be really the these guys would just as bad if not glad that the contemplating to simplify style you can still get the benefits and probably think about when people are building..

Sam It army bribery Russia Raleigh YOU Noah planed remax Gsa Beck Canada Ronaldo Detroit Sukarno Phoenix Kopat Benjamin Severin England Emma
Saudi wealth fund boosts U.S. holdings with stakes in Citi, Boeing, Facebook

Bloomberg Opinion

00:36 sec | 1 year ago

Saudi wealth fund boosts U.S. holdings with stakes in Citi, Boeing, Facebook

"OPEC plus is responding to the oil markets collapse with urgency never seen before data show the program of production cutbacks this month as well on the way to trimming nine point seven million barrels of daily crude output that's about ten percent of global supplies and that's just in the first two weeks of the agreement yet worries at the heart of the hurried for Saudi Arabia's sovereign wealth fund which is central to the kingdom's economic overhaul the crisis has even forced it to find new ways to unlock liquidity we're hearing it's planning to borrow about ten billion dollars by pledging stakes in softbank group's technology investment vehicle as

Opec Saudi Arabia Softbank Group
SoftBank CEO Son says his judgment on WeWork was poor in many ways

Colorado's Morning News with April Zesbaugh and Marty Lenz

00:34 sec | 2 years ago

SoftBank CEO Son says his judgment on WeWork was poor in many ways

"The leader of softbank group in Japan is eating his words and apologizing for what was a very costly mistake based on the strong recommendation of Masayoshi son softbank invested billions of dollars in American office space company we work now son says he missed judged Adam Newman the founder and head of we work some said he over estimated Newman's good side and turned a blind eye to the negative well that error in judgment costs softbank within four and a half billion dollars in losses that's the lion's share of softbank's losses of more than six point four billion in the three months ending

Japan Softbank Adam Newman Founder Masayoshi Billion Dollars Three Months
SoftBank Group plunges to $6.5 billion quarterly loss

Bloomberg Daybreak: Europe

04:13 min | 2 years ago

SoftBank Group plunges to $6.5 billion quarterly loss

"News now it's time back to one of our top corporate stories today which is softbank for the first time in fourteen years the company posted a quarterly operating loss eight came in at over seven hundred billion yen or six point five billion dollars because of a write down the value of some investments including back and we work for more we're joined by but opinions tech columnist Tim Cole pundit tame you've been all over the T. ally V. blog I've been following it it's fantastic we were expecting these numbers to be bad but they were even worse than expected what night yeah I've been saying for for a few weeks had written a few column saying it's going to be bad but even I didn't expect it would be this bad you know something that needs to be put into context especially with the way we work is that yes there was a huge ride off on we work we all know the story their rates its valuation plunged from you know forty seven billion US dollars to around eight billion US dollars bot we can't forget that around about the same amount of right off came from its stakes in companies like uber and black which have appeared in the last few months and so does a publicly listed we can chop them in real time and so they spend just as much loss almost just as much loss on the value of publicly listed shares as there is in we work so it's not like we work is the only problem that yeah but Tim I one of the actual if we drill down into the loss is what are they coming from what is the coals of the losses you know what it's it's amazingly simple the vision fund is the largest contributor to operating income at softbank group around fifty four percent of operating income last year at softbank group was from the vision find however what's important to understand is that most of the the net income the profit for the vision fund is not some kind of dividends or anything like that it's merely quarterly re valuations all of the shares of that it earns in various companies most of what it earns more than eighty percent of what it is actually private companies such things like bike dance and DD and now we work only around twenty percent of what it means is publicly listed shares so a lot of it is is kind of great we don't really know what it's worth every quarter when they come out and they re value these companies we really have to take them at their word and that's where most of the profit comes from at the vision fund and that stuff back itself so must see she saw on has been speaking at today ten what is he been saying how is he reacted to the loss I walk how was he messaging it to potential investors I was shocked how to find he is he spent more than forty five minutes almost an hour he's presentation talking up how fantastic we work is it was really quite amazing you know he's such a salesman instead of saying always a bail out he he kept denying that it with a lot of we work instead he kept saying or yeah it's great we get to buy we work at our quarter for the price we previously paid he's he really is a fantastic salesman he's been very very bullish on we work for the whole investor conference which is just wrapping up as we speak now talking about how this so much shot you know value a head that out don't worry about the losses because this losses is the bill that more we work locations that cost money but you know once they open now bring in rental income so on and so forth he has been incredibly to fight about it are you you just write a column it's an old place and you get you say you know that to really understand what's going on we need a deeper dive into softbank its relationship with the vision of a you mentioned that but anyhow handful of the fund's holdings in public listed shares his value can be assessed in real time to explain on the yes Sir I think is probably the most famous of the holdings in the vision fun try and we all know what happened better it was a high flying stock in that it was not so high flying slick is another one it kind of got out of the raid beta it's it's a big company both of those have early this year and so as soon as they I. P. R. O. N. and softbank you know hold shares in those companies the stock with the shares because you know the lock up by doesn't expire into well in fact it's tomorrow for uber so every time the ship takes down that's that's a loss on the books of of softbank and the vision fund at but you know that's in a way that's a good thing we get to see it in the cold light of day but these all the all the stocks that they own that

Softbank Five Billion Dollars Fifty Four Percent Forty Five Minutes Eighty Percent Fourteen Years Twenty Percent
"softbank group" Discussed on Marketplace with Kai Ryssdal

Marketplace with Kai Ryssdal

03:26 min | 2 years ago

"softbank group" Discussed on Marketplace with Kai Ryssdal

"It appears that we work founder Adam Newman's days running the company that he brought Oh so close to a blockbuster forty-seven billion dollar initial public offering and that evaluation by the way of Eight Billion Dollars Newman will get something like one point seven billion Somalians to surrender his interest in the company Maureen Foul wrote about it the board and get Softbank Control of the company right why kind of basic question but why does Softbank which is already wanted it's a very good question I mean the idea it does seem as to salvage this gigantic investment it's one of their largest boost for Softbank Group and for this one hundred billion dollar vision fund so it looks like it's pretty hard to walk away from everything they've put in and so far these so-called sunk costs so so this once again that's kind of a basic question but they do son kind of seem to surround this company at this moment so as we said evaluation of forty-seven something billion dollars which is now at eight billion Softbank was in this J. P. Morgan was in this Goldman Sachs was one of its bankers for its IPO where do you suppose the due diligence was by these private investors that that didn't uncover some of the things we saw when they signed off Adam Newman and taken a lot of money out of the company and sold a lot of shares he'd taken some pretty significant loans against his stock the company bought a very very offensive private plane there's a level of extravagance I think shocked potential investors once they it was made public in the filing Dan small direct and of course Goober has has had its IPO problems it is there a cautionary tale here have people learn their lesson or are we gonNa Continue Apace the thing I think the cautionary tale is you know the public investors are not just going to sit back and accept these companies that are still losing they they might be valued really high private investors but they're still losing a lot of money they haven't figured out a business plan and they are skeptical Uber do you even brave it or do you know you have to really fix and Change Your Business model before you attempt going public and it seems very likely that that's going to be the case.

Adam Newman Maureen Foul Softbank Group J. P. Morgan Goldman Sachs founder Dollars Newman Dan forty-seven billion dollar one hundred billion dollar Eight Billion Dollars billion dollars
"softbank group" Discussed on The Internet of Things Podcast - Stacey On IoT

The Internet of Things Podcast - Stacey On IoT

01:42 min | 2 years ago

"softbank group" Discussed on The Internet of Things Podcast - Stacey On IoT

"I've been playing with this and it's actually very powerful so check it out. Okay Ooh K. Kevin. Let's kick it off with vivid the big story in the Smart Home World this week actually last week. The big story was CDN. I you know I looked at the news. I didn't see a whole lot of exciting things come out of CD so we're going to just skip over that sorry you guys. They're so much news but on Monday vivid which is a home security company based out of Utah. They've got about one point. One one point one five five million subscribers competes with companies like alarm or eighty t they went public via a reverse merger with the committee called Mosaic which she's really just a shell company created by the Softbank Group to bring a company public so that's a lot of weird financial terms but essentially the bottom line is vivid is a publicly traded company now it had been owned by a private equity group so this gives it a couple of things one. It got seven hundred billion in cash rush which it's GONNA use to pay down debt. It's private equity firm. This is kind of like financial engineering. I don't love it but it also has publicly traded stock which sh if it goes well could be used to make acquisitions and I bring this up because there are a lot of companies where this place where we have a lot of companies that you're still pretty viable out there but there may be single product companies. There's no clear exit for them. There's no clear wave to for them to go so we've seen a lot of buyouts already so presidio which is the spinout from Honeywell..

Smart Home World Honeywell K. Kevin Mosaic Softbank Group Utah
SoftBank plans to lend up to $20 billion to employees to invest in new fund

Bloomberg Businessweek

00:24 sec | 2 years ago

SoftBank plans to lend up to $20 billion to employees to invest in new fund

"Softbank group is leaning on its employees including chief executive Masayoshi son for cash this as the firm rushes to raise an ambitious technology fund on the volatile markets Bloomberg has learned softbank plans to land up to twenty billion dollars to its employees to buy stakes in its second giant venture capital fund some of the people said Mister sun may account for more than half of

Bloomberg Mister Sun Softbank Chief Executive Twenty Billion Dollars
Softbank Group, Tokyo And Apple discussed on Morning News with Manda Factor and Gregg Hersholt

Morning News with Manda Factor and Gregg Hersholt

00:18 sec | 2 years ago

Softbank Group, Tokyo And Apple discussed on Morning News with Manda Factor and Gregg Hersholt

"Japanese internet company softbank group has set up a new fund for investing in technology such as artificial intelligence Tokyo based softbank says it's one hundred eight billion dollar vision fund to include thirty eight billion dollars from softbank the rest is from apple Foxconn Microsoft Japanese banks and other

Softbank Group Tokyo Apple Foxconn Microsoft One Hundred Eight Billion Doll Thirty Eight Billion Dollars
Futures extend gains in choppy trading after jobs data

Bloomberg Surveillance

00:52 sec | 2 years ago

Futures extend gains in choppy trading after jobs data

"It is jobs day and US stock index futures are rising a head of the US jobs report. Treasuries are moving lower. We check the markets every fifteen minutes throughout the trading day on Bloomberg s and p futures are up nine points. Dow futures up seventy two NASDAQ futures up forty four the Dax in Germany's up four tenths of a percent ten year treasury down for thirty seconds yield two point five percent yield on the two year two point three five percents. Nymex crude oil up a tenth of a percent or success is sixty one eighty seven a barrel. Comex gold little change at twelve seventy one seventy an ounce. The euro at one point one one five one against the dollar. The yen one eleven point five, Hugh, SoftBank group mulling fundraising plans, including a listing of its investment fund. That's according to a report by the Wall Street Journal, which cited people with the matter and tesla to raise two point three five billion dollars through debt and stock offerings that were boosted from the company's

United States Wall Street Journal Treasuries Bloomberg Tesla Hugh Softbank Germany Three Five Billion Dollars Fifteen Minutes Thirty Seconds Five Percent Ten Year Two Year
"softbank group" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:22 min | 2 years ago

"softbank group" Discussed on Bloomberg Radio New York

"Doug krizner at Bloomberg world headquarters in New York. Let's check this hour's top business stories and the markets high level trade talks between the US and China are set to resume next week in Beijing. Although US Treasury Secretary Steven Mnuchin says at this point there are no plans for President Trump and Chinese president Xi to meet soon in the hope of finalizing a deal. If no deal is reached by March. First tariffs on two hundred billion dollars worth of Chinese goods will increase from ten percent all the way up to twenty five percent. Speaking of trade, the US China trade gap is set to balloon again this year despite the Trump administration's determination to bring it down in November alone. The deficit jumped by eleven percent to thirty eight billion dollars the total year to date gap between the US and China now three hundred eighty two billion you can blame it on the strength of the American economy for boosting import demand. Shares in SoftBank group right now up by more than sixteen percent in the Tokyo. Session. This is after company founder Masayoshi sun announced a stock buyback program worth as much as five and a half billion dollars. The move came after sunset he believes from his heart. His company is extremely undervalued. The buyback will be fueled. With a portion of the proceeds from last year's IPO of SoftBank groups telecommunications business that sale raised eighteen billion dollars, and the Chinese telecom equipment maker walkway will have a bigger presence at this month's mobile world, congress the goal is to have a bigger Salesforce to close deals for the next generation five g but we are told the US government is working on a plan to foil that we check markets every fifteen minutes here on Bloomberg right now in Tokyo, the Nikkei down seven tenths of one percent, the kospi up three tenths of one percent. And the ASX two hundred higher by more than one percent. Global news twenty four hours a day on air and a tick tock on Twitter powered by more than twenty seven hundred journalists. Than analysts. This is Bloomberg. We begin with President Trump, delivering his second state of the union address in a somewhat combative speech. Trump offered. No new plan to avoid a second government shutdown. Andrew another line in the sand on his proposed border wall in the past most of the people in this room voted for a wall, but the proper wall never got built. I will get it built. And President Trump also took something of a victory lap over the economy and managed to ding both foreign policy in Syria and Afghanistan along with Russia probe when he did it an economic miracle is taking place in the United States. And the only thing that can stop it. Our foolish wars politics or ridiculous partisan investigations. So at Bloomberg White House reporter, Jennifer Epstein discussed the state of the union earlier with Amy Morris on Bloomberg radio. The president not only was able to talk about how great the economy is. And what a miracle is going on. But it won't continue. If we continue to fight these wars in Syria and Afghanistan, and and Robert Muller continues down his path. I mean, he didn't say those words specifically definitely the message that he was sending out wanted to get your take on that. If that was a take home message for congress, or if there was something bigger happening there. I think what it points to is really that for all the talk ahead of time that that this is going to be a speech about bringing the party together. The president will only do so on his own terms. And that includes you know, wrapping up the molar investigation or any other investigations any of the many oversight hearings. That the House Democrats have initiated of his administration that all of those things he believes get in the way of all his economic goals. And you know, it's basically like saying that either the economy is going to be good or you're gonna hold me countable, but not both of a threat in a way. And and I don't think it's something that that the Democrats really care about our believe is true. And but it is certainly the message of the president seemed to one last night what we didn't hear. And maybe I missed it. You'll you'll set me straight if I'm wrong. He didn't talk about an emergency declaration for the wall. Did he he did not, you know, there was a lot of discussion beforehand, but he going to at least kind of foreshadow plans to announce that but he really did. And you know, our reporting over the last few weeks has suggested that there is a mix of opinions in the White House and among allies of the president on Capitol Hill about whether it's actually a good idea to go down this path. Where he does declare a national emergency. He might be able to say I am doing all I can to get a wall. But it will probably make it impossible for there to be a new wall construction. During at least the next two years of his term because there were certainly be legal challenges. I would take months if not years ago through the courts, and and all of that would would get in the way of any actual construction starting as might if there is actually some kind of agreement that's reassuring Capitol Hill. And even if it doesn't give the president quite as many milder as many dollars if he's asking for which still be more than nothing. And on top of that. There is a lot of concern, especially from some Republican senators. Even there's been some reporting suggesting the from Mitch McConnell and south that. This. This'll be starting in a slippery slope for future democratic presidents would have the precedent of pointing to the president declared a national emergency on on the border to potentially do, you know, national emergency on gun violence or on abortion or on any one of other issues where Democrats and Republicans are very far apart. And I think there are a lot of Republicans who are afraid about that if a corpse murder role in the president's favor that getting the wall would be, you know, a goal that they've been hoping to achieve but might lead to a lot of other policy outcomes in the next decade that Republicans are very opposed to. Okay, don't we only got about thirty seconds left. So, but I want to ask you sort of a big picture question who is the president talking to then when taking all of that into consideration was he's speaking to his base was he talking to lawmakers saying toe the line was he talking to the nation as a whole. I mean who was receiving that message. I think like just about everything. He does he's mostly focused on his base there. And you know, condemned to them that he's staying strong that he staying toss. On the on the ball on foreign policy that he is sticking by his campaign promises and going to keep sticking by them. And you know, the they he is headed toward a re election campaign. That's going to start picking up in a real way. He's doing his first rally of twenty nineteen week. And that sort of where we're going with all this. That's Bloomberg White House reporter, Jennifer Epstein speaking with Bloomberg's Amy Morris coming up why Zeman's and all stems plan to merge into a world conquering. European rail champion is.

president President Trump Bloomberg United States Bloomberg White House Bloomberg world China SoftBank congress Trump administration Tokyo Jennifer Epstein Amy Morris Syria reporter Beijing Doug krizner New York
Tronc weighing offer to sell newspaper business: report

Bloomberg Markets

00:30 sec | 3 years ago

Tronc weighing offer to sell newspaper business: report

"Points developing story this afternoon trunk that is the publishing chain that owns the Chicago Tribune it is rallying the. Most in six months on a report that it is considering a sale of its. Newspaper. Holdings to a private equity firm the proposed deal involves, a bit of, nineteen to twenty dollars a share according. To, a story. In, the. Tribune which. Thanks unidentified people close to the company, the newspaper says the offer could value the business at seven hundred million dollars trunk shares they're up now by

Chicago Tribune Charlie Pellett Carol Massar Tesla Moscow Softbank Group One Percent Seven Hundred Million Dollars Twenty-Eight Minutes Fifteen Percent Twenty Dollars Six Months
Founder And Chairman, China and Tiger Global discussed on Politics, Policy, Power and Law

Politics, Policy, Power and Law

02:16 min | 3 years ago

Founder And Chairman, China and Tiger Global discussed on Politics, Policy, Power and Law

"I'm media agency working with papa john's international has decided to cut ties after the pizza makers founder and chairman john schnatter allegedly used a racial slur and graphic descriptions of violence against minorities on a conference call this according to forbes papa john's and the agency laundry service did not immediately respond to requests for comment shares of papa john's refuses ticker peasy as pizza laura now by two point nine percent tendered on one thirty second looking at a yield of two point eight five percent gold is down eight tenths of one percent twelve forty four the ons west texas enemy eightyeight crew tumbling three percent now seventy one ninety one for wti bread also lower by four by four percent seventy five sixty nine for a barrel of brent it is one oh two on wall street and that means one thing it is time now for the market driver's report with a focus on american depository receipts here is dave wilson thanks charlie eighty yards or falling more than us shares the s and p a r index is down one point seven percent while the sp five hundred's lower by six tenths of a percent eighty ours of mining companies are lower after the trump administration announced those plans to expand tariffs on chinese imports australia's be hp billiton has lost four point four percent switzerland's glencore has lost a five point six percent and uk based rio tinto has dropped four point seven percent turkish adr's are lower amid a plunge in the country's currency the lira among banks you've got guaranteed down nine point six percent and act bank down eight point nine percent industrial company koch holding is down nine percent japan's softbank group has risen two point two percent person with knowledge in the matter said the hedge fund tiger global has invested more than a billion dollars in the internet company a representative for tiger global declined to comment and china's new oriental education has gained one point one percent people now said the company plans an initial public offering in hong kong for an online learning unit called cool learn dot com charlie alright a store who were watching we thank you very much.

Founder And Chairman China Tiger Global Koch Rio Tinto UK HP Australia Dave Wilson Papa John Hong Kong Representative Softbank Group Japan Glencore Switzerland John Schnatter Nine Percent Seven Percent Four Percent
Obama: Leaving Iran deal 'misguided' 

24 Hour News

01:29 min | 3 years ago

Obama: Leaving Iran deal 'misguided' 

"The selection is ridiculous decision to pull out of the nuclear agreement with iran is being called a mistake by some ap washington correspondent saga megani reports one of them former president barack obama whose administration negotiated the deal the iran deal was the obama administration's biggest foreign policy win the former president says withdrawing is misguided in part because iran is complying and the deal has worked the rolling back its nuclear program he says the withdrawal amounts to the us turning its back on its closest allies and risks roading america's credibility the number of women giving commencement speeches is up and as a piece oscar wells gabriel reports the metoo movement is a factor in that accompanies higher to land celebrity speakers for major colleges say that they have been flooded with requests for female speakers this graduation season so much so they say they are having trouble keeping up the schools are not specifically saying that this is because of the sexual misconduct scandal that has been rocking the nation but they note that students do help make the final selections and with me to going strong student groups are more likely to lean toward female speakers to impress alumni and helped recruit future students i'm oscar wells gabriel the head of japanese technology company softbank group says it'll sell its stake in indian e commerce company flip card to walmart softbank founder and ceo mass chaos she son didn't give any details in.

Iran Barack Obama Obama Administration President Trump United States Softbank Group Walmart Founder And Ceo
Rockefeller art collection breaks auction records

24 Hour News

02:05 min | 3 years ago

Rockefeller art collection breaks auction records

"In the cabin a delta airlines flight from detroit to denver was evacuated tuesday night james mcmanus the passenger on the flight spoke with kpmg hdtv we were grateful that it wasn't while we were in the air could have been a lot worse firefighters greeted flight eighteen fifty four when it landed at denver international airport shortly after eight pm an airport spokeswoman says no major injuries were reported from smoking elation but a handful of passengers did suffer minor injuries during the evacuation mcmanus says most of them were grateful it turned out as it did finally all deplane we're on the ground we are kind of sitting there complaining amongst ourselves and one guy pointed out that it didn't happen while we were in the air so once again in hindsight it was couldn't go on any better investigators say they didn't find a fire on the plane a mcdonnell douglas md ninety four the ap i'm bob kessler with rivet some of the greatest of the world was sold off for charity in new york raising six hundred forty six million dollars during the first night of a spectacular auction the art collection of billionaire david rockefeller includes pieces from pablo picasso claude monet and georgia o'keefe highlights of the sale at christie's included young girl with a flower basket a nineteen o five painting by pablo picasso it's old for one hundred fifteen million dollars the second highest price at auction for a picasso ever paintings by claude monet and andrei matisse also set new price records for the artists christie says the money will be given to a number of charities rockefeller and his wife peggy supported in there lifetime's rockefeller was the last surviving grandson of standard oil founder john d rockefeller when he died in march two thousand seventeen at the age of one hundred one the head of japanese technology company softbank group says it will sell its stake in indian e commerce company flip card to walmart softbank founder and ceo mass they asked she son didn't give any details in confirming the agreement while discussing the company's quarterly results softbank plans to give up some of its stake in the wireless company sprint under a twenty six and a.

Denver Founder And Ceo Walmart Founder Standard Oil Rockefeller Pablo Picasso Mcdonnell Douglas Md Denver International Airport Kpmg James Mcmanus Detroit Sprint Softbank Group John D Rockefeller Peggy Christie Andrei Matisse Claude Monet
"softbank group" Discussed on Daily Tech Headlines

Daily Tech Headlines

02:03 min | 4 years ago

"softbank group" Discussed on Daily Tech Headlines

"And then in london these are the daily tech headlines for monday january 15th 2018 i'm sarah lane nikai reports that softbank group is planning to list its mobile phone unit softbank corp in tokyo as early as the spring and overseas later this year and a statement softbank group said it is quote always studying various capital strategy options and that the listing of softbank corp shares quote is one of such options but no decision has been made to officially proceed with this course south korean financial authorities say cryptocurrency investors in the country will be fine unless they convert virtual account to real name accounts within the month south korea is also planning a bill to ban cryptocurrency exchanges in the country but in a statement monday clarified that no date has been set currently financial authorities banned banks in south korea from offering virtual accounts which are needed to sell or buy cryptocurrencies to individual customers opening anonymous cryptocurrency accounts is also bound and other crypto news sources tell bloomberg that china's trying to rein in cryptocurrency trading by targeting online platforms and mobile app that offer exchange like services chinese authorities banned cryptocurrency exchanges last year and now the government plans to block domestic access to both chinese and international platforms that enables centralised trading authorities may also target individuals and companies that provide making settlement and clearing services for centralized trading as well analysis from assim coz horace you shows that iowa's apps sales will be worth more than the entire worldwide movie industry at some point in 2018 did you notes that in 2015 apps door sales overtook gross us box office sales and in 2017 hit twenty six point five billion dollars did you also points out that many large companies offer free apps that still generate revenue such as amazon and hoover as simko predicts that the iowa sikanda me we'll be worth half a trillion dollars by 2019 a new eu too.

softbank group tokyo south korea bloomberg china iowa amazon simko eu london mobile phone hoover five billion dollars trillion dollars
"softbank group" Discussed on Daily Tech News Show

Daily Tech News Show

02:03 min | 4 years ago

"softbank group" Discussed on Daily Tech News Show

"And then in london these are the daily tech headlines for monday january 15th 2018 i'm sarah lane nikai reports that softbank group is planning to list its mobile phone unit softbank corp in tokyo as early as the spring and overseas later this year and a statement softbank group said it is quote always studying various capital strategy options and that the listing of softbank corp shares quote is one of such options but no decision has been made to officially proceed with this course south korean financial authorities say cryptocurrency investors in the country will be fine unless they convert virtual account to real name accounts within the month south korea is also planning a bill to ban cryptocurrency exchanges in the country but in a statement monday clarified that no date has been set currently financial authorities banned banks in south korea from offering virtual accounts which are needed to sell or buy cryptocurrencies to individual customers opening anonymous cryptocurrency accounts is also bound and other crypto news sources tell bloomberg that china's trying to rein in cryptocurrency trading by targeting online platforms and mobile app that offer exchange like services chinese authorities banned cryptocurrency exchanges last year and now the government plans to block domestic access to both chinese and international platforms that enables centralised trading authorities may also target individuals and companies that provide making settlement and clearing services for centralized trading as well analysis from assim coz horace you shows that iowa's apps sales will be worth more than the entire worldwide movie industry at some point in 2018 did you notes that in 2015 apps door sales overtook gross us box office sales and in 2017 hit twenty six point five billion dollars did you also points out that many large companies offer free apps that still generate revenue such as amazon and hoover as simko predicts that the iowa sikanda me we'll be worth half a trillion dollars by 2019 a new eu too.

softbank group tokyo south korea bloomberg china iowa amazon simko eu london mobile phone hoover five billion dollars trillion dollars