• Netflix a 'Hold'; Disney Has Great Business Model: Gerber Kawasaki
    Finance
    Bloomberg Videos

    Netflix a 'Hold'; Disney Has Great Business Model: Gerber Kawasaki

    Oct.16 -- Ross Gerber, president, chief executive officer and co-founder of Gerber Kawasaki, talks about Netflix Inc. and Walt Disney Co. Netflix shares rallied after the company posted slightly better-than-expected subscriber growth overseas in the third quarter, and earnings topped Wall Street estimates

  • News
    Reuters

    RPT-Xiaomi says widening India product range to shed budget image

    China's Xiaomi Corp is shedding its image as a budget brand by widening its India product portfolio to include pricier, high-spec smartphones and smart TVs, a senior company executive said on Monday. Xiaomi, which began selling devices in India in 2014, has outflanked South Korea's Samsung Electronics

  • How Authorities Used Bitcoin to Bust a Giant Child Porn Site
    Finance
    Bloomberg Videos

    How Authorities Used Bitcoin to Bust a Giant Child Porn Site

    Oct.16 -- Jamil Jaffer, IronNet vice president, discusses how U.S. and Korean authorities used Bitcoin to break up one of the world's largest markets for child pornography. He speaks with Bloomberg's Taylor Riggs on "Bloomberg Technology."

  • Southeast Asia's mobile payments face shakeout as market booms
    Finance
    Reuters

    Southeast Asia's mobile payments face shakeout as market booms

    HO CHI MINH CITY/HONG KONG/SINGAPORE (Reuters) - Just next to Ho Chi Minh City's financial district, two dozen street vendors' stalls display colorful adverts for e-wallets backed by private equity firm Warburg Pincus, ride-hailing firm Grab and Singapore sovereign wealth fund GIC, among others

  • Netflix heads into showdown with slowing subscriber growth
    News
    Associated Press

    Netflix heads into showdown with slowing subscriber growth

    Netflix's subscriber growth is bogging down even before the leading video streaming service confronts high-powered threats from Apple and Walt Disney Co. The numbers provided further evidence that Netflix's salad days may be over, particularly in the U.S., where most households that want its

  • Why Netflix Shares Are Surging After Releasing Latest Earnings Report
    Finance
    Bloomberg Videos

    Why Netflix Shares Are Surging After Releasing Latest Earnings Report

    Oct.16 -- Bloomberg's Lucas Shaw breaks down Netflix Inc.'s third-quarter earnings report. He speaks with Bloomberg's Taylor Riggs on "Bloomberg Technology."

  • Netflix Will Have to Be More Careful Raising Prices, Analyst Haggstrom Says
    Finance
    Bloomberg Videos

    Netflix Will Have to Be More Careful Raising Prices, Analyst Haggstrom Says

    Oct.16 -- Eric Haggstrom, EMarketer analyst, discusses the key takeaways from Netflix Inc.'s third-quarter earnings report. He speaks with Bloomberg's Taylor Riggs on "Bloomberg Technology."

  • Congress calls on ride-hailing companies to improve safety
    Finance
    Associated Press

    Congress calls on ride-hailing companies to improve safety

    Snubbed by Uber and Lyft, a House committee went ahead with its hearing Wednesday on safety and employment issues plaguing ride-hailing companies. Members of the House Committee on Transportation and Infrastructure called on Uber and Lyft to clean up their act, even though neither company sent representatives

  • Finance
    Reuters

    Ex-Cisco engineers raise $278 million for startup

    Pensando Systems, which introduced the company publicly on Wednesday, said the funds were raised through series A, B, and C rounds. The latest round was led by Hewlett Packard Enterprise Co and venture capital firm Lightspeed Venture Partners. Pensando's founders have sold four previous startups

  • Richard Branson on New Spacewear for Private Astronauts, Virgin Galactic Going Public
    Finance
    Bloomberg Videos

    Richard Branson on New Spacewear for Private Astronauts, Virgin Galactic Going Public

    Oct.16 -- Virgin Group Ltd. founder Richard Branson discusses Under Armour Inc.'s new line of spacesuits that will be worn by passengers on Virgin Galactic's future commercial space travel. He speaks with Bloomberg's Scarlet Fu and Caroline Hyde on "Bloomberg Markets: The Close."

  • SoftBank Said to Plan $5 Billion Rescue of WeWork
    Finance
    Bloomberg Videos

    SoftBank Said to Plan $5 Billion Rescue of WeWork

    Oct.16 -- SoftBank Group Corp. is in discussions to provide WeWork with roughly $5 billion in rescue financing, according to a person familiar with the matter. Bloomberg's Liana Baker has more on "Bloomberg Markets: The Close."

  • IBM revenue misses on weakness in its biggest unit; shares fall 5%
    Finance
    Reuters

    IBM revenue misses on weakness in its biggest unit; shares fall 5%

    IBM, which wrapped up its acquisition of Linux maker Red Hat Inc earlier this year, has faced years of revenue decline amid its shift to the cloud from its traditional businesses, including mainframe servers. Sales from global technology services, IBM's biggest unit that caters to some of the world

  • Netflix shares jump as subscribers grow ahead of Disney, Apple attack
    Finance
    Reuters

    Netflix shares jump as subscribers grow ahead of Disney, Apple attack

    The results for July through September represented a rebound from the previous quarter when Netflix lost U.S. streaming customers for the first time in eight years and missed targets for overseas subscribers. Shares of Netflix rose 9.2% in after-hours trading on Wednesday to $312.69. For the third

  • Facebook's Libra faces 'core' legal, regulatory challenges: Brainard
    News
    Reuters

    Facebook's Libra faces 'core' legal, regulatory challenges: Brainard

    U.S. Federal Reserve Governor Lael Brainard said on Wednesday that Facebook's efforts to launch a Libra cryptocurrency must overcome a "core set of legal and regulatory challenges" before facilitating a single payment. Brainard added that central banks' efforts to conduct monetary

  • NCAA: College athletes graduating at record high rate
    News
    Associated Press

    NCAA: College athletes graduating at record high rate

    Graduation rates among college athletes continue to hit record highs. The NCAA's most recent statistics, released Wednesday, show 89% of all athletes who enrolled in college in 2012 earned degrees, an increase of 1 percentage point over last year's all-time high. "Our students engaged

  • Volvo Sees All-Electric Vehicle as 'Right Thing To Do'
    Finance
    Bloomberg Videos

    Volvo Sees All-Electric Vehicle as 'Right Thing To Do'

    Oct.16 -- Volvo Cars CEO Hakan Samuelsson speaks on Bloomberg Television about the launch of its first all-electric vehicle, the XC 40 Recharge. He speaks on "Bloomberg Markets."

  • Finance
    Associated Press

    Indiana hospital system notifying patients after data breach

    A northwestern Indiana hospital system is warning more than 68,000 patients that their personal information, including Social Security numbers and health records, may have been exposed during a data breach. Methodist Hospitals has been mailing letters to patients detailing the steps they can take to

  • FCC approves merger of T-Mobile, Sprint on vote split on party lines: sources
    News
    Reuters

    FCC approves merger of T-Mobile, Sprint on vote split on party lines: sources

    T-Mobile US Inc's proposed $26.5 billion tie-up with Sprint Corp won formal approval from the Federal Communications Commission on Wednesday in a vote split along party lines, two sources told Reuters. Chairman Ajit Pai and two Republican commissioners voted to approve the deal while two Democratic

  • China's Didi Chuxing deepens Latam push with plans to launch in Costa Rica
    News
    Reuters

    China's Didi Chuxing deepens Latam push with plans to launch in Costa Rica

    Chinese ride-hailing giant Didi Chuxing is preparing to launch in Costa Rica, marking its first expansion into Central America, according to a job posting viewed by Reuters. "You will have the opportunity to work in a tight team, where you will launch, build and run DiDi's business in (Central

  • Xiaomi says widening India product range to shed budget image
    News
    Reuters

    Xiaomi says widening India product range to shed budget image

    China's Xiaomi Corp is shedding its image as a budget brand by widening its India product portfolio to include pricier, high-spec smartphones and smart TVs, a senior company executive said on Monday. Xiaomi, which began selling devices in India in 2014, has outflanked South Korea's Samsung Electronics

  • News
    Reuters

    Xiaomi says widening India product range to shed budget image

    China's Xiaomi Corp is shedding its image as a budget brand by widening its India product portfolio to include pricier, high-spec smartphones and smart TVs, a senior company executive said on Monday. Xiaomi, which began selling devices in India in 2014, has outflanked South Korea's Samsung Electronics

  • Google's new Pixel Buds will provide you with your own bubble to listen to music and take calls
    News
    AFP Relax

    Google's new Pixel Buds will provide you with your own bubble to listen to music and take calls

    The Mountain View titan took to its Made by Google 2019 conference to unveil the new generation of its wireless Pixel Buds with noise-cancellation technology. This new, completely wireless version (as opposed to the one presented two years ago) positions itself as a true competitor to similar offerings

  • Facebook executive confident Libra will win enough financial backers
    Finance
    Reuters

    Facebook executive confident Libra will win enough financial backers

    Facebook Inc , whose digital currency project Libra has been abandoned by several high-profile partners including PayPal, Visa and Mastercard, still expects to get 100 banks and financial firms on board once it addresses regulatory concerns, the head of the project said on Wednesday. "It will take

  • The Vatican launches a smart, connected e-rosary to help people pray
    News
    AFP Relax

    The Vatican launches a smart, connected e-rosary to help people pray

    In 2019, phones, computers, watches, and even microwaves are powered by smart technology, so why not a rosary, too? On Tuesday, the Pope's Worldwide Prayer Network launched a connected rosary designed to help people "pray for peace in the world" and contemplate the Gospel. All the software

  • Apple TV+: When does it launch and which TV shows and films will be included?
    News
    The Independent

    Apple TV+: When does it launch and which TV shows and films will be included?

    Apple TV+ is a new streaming service arriving in 2019 to rival the likes of Netflix, Amazon and Disney+.Unlike other platforms, it won’t have a huge back catalogue and will instead focus on original movies and TV shows.