stocks are sliding after the fed rate rise. the yen now near the lowest in 10 months. borrowing costs are said to rise again but janet yellen stressed -- >> under a cloud of uncertainty to seehave time to wait what changes occur and to factor this into our decision-making as we gain greater clarity. >> in australia, the australian economy added more than 39,000

jobs in november, double the forecasted growth. that really validates their predictions that hiring would increase. yahoo! falling after hours after news for another security breach. the incident happened in 2013, separate from the incident reported in september. this is bloomberg. let's get you a check on the markets right now. afternoon trading getting underway in hong kong and china. it is red across the region as the focus is on the surge in u.s. bond yields and the fed rate hike. ♪

>> coming up, they take leaders just came face-to-face with the president-elect. we've got the latest. plus, in a unanimous decision, the fed raises interest rates and janet yellen says there's more to come. we will find out what it means for tech. the chinese app maker prices its ipo at the low end of the range, but he could still beat hong kong's biggest tech listing and almost a decade. first, developing news. new numbers coming out of a new hack attack on yahoo!. yahoo! is saying this hack is separate from the hack they reported in september, that this one in particular affected more than one billion accounts, some of the information that was stolen, usernames, email addresses, telephone numbers, birth dates, passwords.

yahoo! is working on finding the source of this intrusion. they believe that it is related to the state-sponsored hacker that was potentially involved in the earlier attack they reported in september. they are taking steps to secure these accounts and notifying affected users, recommending that people change their password. this is quickly developing and we will keep on following this story i talk about a more later in the show. another massive hack attack being disclosed by yahoo! affecting more than one billion users. i do when to get to the meeting at trump tower today, president-elect donald trump just wrapping up a big summit with tech industry leaders, including vice president-elect mike pence and tech advisor peter thiel sitting by his side. >> i'm here to help you folks do well. i'm very honored. [inaudible] emily: apples tim cook, facebook's sheryl sandberg, amazons jeff bezos were all in attendance. for the tech giants, this meeting was an attempt to

persuade trump to avoid policies that might hurt their companies pertaining to immigration, internet security, regulation, and government investment. ahead of the meeting, the oracle ceo stressed, we are net exporters. over 60% of our sales are overseas. better trade deals are very much in our interest. joining us from outside trump tower, selena wang. i did speak to a source who was briefed on this meeting who said the top three topics were jobs, immigration, and china, that the meeting was very friendly, very productive. a few sub-topics, they addressed infrastructure, education, repatriation. give us the rundown. i know you've seen all of these folks walk in and walked out. they didn't really speak to

reporters. tell us what you've seen. >> you are right, they didn't really speak to reporters. the lobbyists -- lobby flooded with reporters. we did get a glimpse at the beginning of the meeting. trump tried to strike a conciliatory tone. he started off the meeting by praising peter thiel as an innovator. he praised silicon valley for all the innovations they have been able to accomplish. he said, i want you to keep on innovating. call me anytime, call my people anytime. he said, we don't really have a formal chain of command here. he changed his tone as opposed to a lot of the public opposition that was very alarming on the campaign trail. emily: certainly interesting to see them starting off on that foot after silicon valley was very vocally against the election of donald trump, aside from peter thiel. it's nice to hear these things,

i'm sure. one of the real policy issues that they will be at odds here. -- odds on here. >> there's a lot of people saying this is an about face what the tech leaders are doing. why is it such a bad thing, to open up the lines of communication? if you have a direct line to the president, and unprecedented thing we are seeing right now, you can start to influence the things you are important for the tech community and the world, really, and job creation and whatnot. at the same time you can learn where he's coming from and at least have a dialogue to open up these conversations. in that room was sitting $3 trillion worth of value across those tech companies. when you are controlling this much of the economy, because it's not just about the outsourcing of jobs, it's how do you position america for the next future growth when automation and these things are starting to take over.

emily: at the same time we are learning that twitter was not invited rate writers reporting -- invited. -- invited, saying twitter is too small. politico also reported that the way twitter handled the crooked hillary emoji that trumps campaign wanted to include in their twitter. do you have concern, as someone who covers the company, that this could interfere with twitter's business? >> i don't think so. i met with them this week and it is clear that they are adhering to their core philosophy that they have to be a platform for everyone. emily: jack dorsey has not been shy about sharing his political views. a lot of these folks have not been shy about sharing their political views. james: it's in the best interest of twitter to maintain a relationship with donald trump. that's the biggest sort of

validation you can have, by having the president talk to the world through your platform. at the same time, jack not being invited is really not that big of a deal. it's about the companies that are really about the job creation. when you think about what twitter contributes to the general and global economy, to a much lesser extent from what you see from the guys in the room. emily: while there's a lot of innovation happening in silicon valley, the tech community doesn't necessarily create a lot of jobs relative to the weight it punches. there's a stat that apple, amazon, microsoft, facebook, google together account for 600,000 jobs, whereas walmart accounts for 1.5 million in the united states alone, and even though trump has called for them to bring jobs back to the united states, it's very unlikely that a lot of that would be automated. i just wonder if trump and these companies can find common ground on this. james: they have to. even the jobs that are going overseas, the jobs that are

disenfranchised in the united states, by outsourcing those jobs to china and india, those jobs are starting to be automated trade we have to prepare for the next paradigm of how does the public and the constituency of the united states prepare itself through education initiatives and partnering with the tech community so that in the next 2.0 technology world, that they are able to work in the society. even the jobs going overseas will be taken over by robots. on the jack dorsey note, it's interesting that kanye was invited. emily: and he came down for a photo op. the company has said he's traveling. however, he was named to the strategic and policy forum along with elon musk, along with the ibm ceo ginni rometty. this in addition to a number of leaders who are going to be advising trump on how the private sector thinks about

these issues. is there anything more you can tell us about this particular meeting? reporter: i think it will be unclear how important uber's ceo are going to be to the strategic policy initiative. the people in that initiative are very wide ranging. i think time will be turning for them to talk about the future classification of how technology will work together. hopefully this will be a very good line of communication moving forward, but no further details on that at this time. emily: bloomberg technology's selina wang live from trump tower. good to see you in person, james. still to come, net neutrality is one of the key policies that could be on the chopping block under president-elect trump. we will focus on the future of the fcc with the former commissioner next. this is bloomberg. ♪

emily: one of the most important tech policy issues at stake under a trump residency is net neutrality. this is a rule that prevents internet providers like comcast and verizon from charging companies like netflix and google a fee to deliver their content at faster speeds straight in the past, trump criticize net neutrality as a top-down power grab and republicans have expressed interest in rolling back the rules. with a changing of guard in washington that is likely to happen, so far the senate has not reconfirmed the democratic commissioner and advocate. trump will also name a republican replacement for chairman wheeler. joining us now from washington, the former fcc commissioner who has just written about his hopes for the tech meeting in new york

this week. commissioner, we have gotten some details about what was discussed there, jobs, china, immigration. it was a friendly meeting. we know that a lot of these tech leaders differ with donald trump on a number of policy issues. what do you make of the foot they have started on? >> i think it was an important meeting, both for president-elect trump and the silicon valley executives. they both need each other. president trump and the administration will have a very significant influence on the business prospects of corporations and the high-tech industry, and the high-tech industry accounts for a large share of economic growth in the united states. this economy needs to grow much more rapidly in the years to calm. -- come.

emily: let's talk about this sort of gap between silicon valley and washington and how you expect this to play out. you've said that the trump administration isn't going to do anything that would be financially disastrous that might threaten some of the social sensibilities of the folks in silicon valley, and when it comes to net neutrality, for example, this is a policy that could dramatically impact their businesses, right? >> no, actually i don't think it would. i think it's in the interest of silicon valley companies to have why would call symmetric regulation, what we've had in the past several years has been what i would call asymmetric regulation where one set of companies faces one set of regulations, another set of companies faces another set of regulations. that's not good for any set of businesses, for silicon valley, for other companies, for

america. you will see these asymmetric regulations get rolled back hopefully very quickly. emily: there's a strong likelihood that jessica worsen russell will not be reconfirmed. i wonder what happens to that existing framework. does it get rolled back completely? does some idea or shell of it remain? >> i think it gets rolled back completely any new fcc -- and a new fcc will do just that. emily: why? >> it doesn't make any economic sense. it's an idea based on regulating one set of companies to be in a mother, may i situation where they have to come to washington to beg the federal government to let them do something, while another set of companies is unregulated. it makes no sense at all and i think you will see a new fcc rollback these rules, including net neutrality. emily: let's talk about the current deadlock at the fcc. i wonder what hope is there for anything more than a series of partisan divide it decisions

that are heavily influenced by the party in power? harold: until the past four years, the fcc has rarely had a lot of 3-2 votes. most votes would be 5-0 or 4-1. that has changed in the past 4 years. there's no reason to think that going forward, it won't be much more in the 5-0, 4-1 scenario. i'm not convinced you are going to see a lot of party line boats. -- votes. emily: who do you think that trump is likely to nominate, and who do you think he should nominate? harold: i have no idea who president trump will nominate to be the new chair of the fcc. i trust he will appoint someone who is a market oriented individual, someone who takes the law very seriously and someone who will roll back all of the regulations that have accumulated in the past four years.

emily: any names you would throw out there in terms of good ideas? harold: i don't think president trump needs any suggestions. i'm sure he has lots of very good candidates, and i have every confidence that he will make a wise decision. emily: what kind of legacy do you think the obama administration's fcc will be leaving behind, given what is going to be unwound? harold: i think the legacy will be that it made an effort to have regulations very much washington-centric, to try to extend fcc regulation to the internet. i think that will have proven to be a very bad idea, and hopefully new administrations of whatever party will look back at the obama fcc and say, we don't want to go down that path again.

it did not work then and it's not going to work now. emily: the former fcc commissioner, thank you very much. a story we are watching, disney trying to recruit major hollywood studios to join its digital movie service. disney is looking to add content outside of its own to the disney movies anywhere service which lets customers buy, watch, and store their online movie services on a single site. disney is said to be in an ongoing tug-of-war with other major studios that support a rival format called ultraviolet. one catch is it might have to change the name of its service to get the other studios on board. coming up, the chinese app maker is ready to go public. what it means for the global ipo market, next. this is bloomberg. ♪

emily: on the latest tech funding board, a home sharing website has raised $35 million in new funding. the company is looking to capitalize on the airbnb model of travelers staying in private homes rather than hotels. according to the ceo jen o'neill, the site now handles $1 billion worth of bookings per year, six times what it had in 2015. returning to yahoo! disclosing a second major security breach that may have affected more than one billion users. the company said in a statement it hasn't been able to identify

the intrusion associated with the steps by a back in august 2013. this is a separate hack than the one that yahoo! announced in september, in which as many as 500 million user accounts were compromised, getting this update ahead of the potential sale of its new web business to verizon. i am joined by a cyber security reporter for bloomberg news. this new hack happened in 2013. before the hack that we learned about in september that happened in 2014, how did they not know about the 2013? >> is a relevant question, considering yahoo! just announced a 500 million account breach and they brought in forensic experts, they scoured the network, they put out regulatory filings. the way they learned about this is very interesting, and outside cyber security researcher who saw this for sale on the black market in a very private discussion forum. the fact that yahoo! lost one billion accounts -- they have

one billion users. a may not be a 1:1 match, but it's based on their users. this is potentially a significant blow to the verizon deal. emily: who do they think is behind this? they announced in september it was state sponsored and there might be some sort of state-sponsored involvement here. >> is a huge source of debate. yahoo! did say the first breach they believed was state sponsored. they provided no evidence for that. he reported that sources familiar with the case, that attribution is not ironclad. the implication is that yahoo! would have reason to say that. this one appears to be a straight cybercrime operation. and for the fact that yahoo! scoured its network and did not find this earlier breach without an outside cyber security firm bringing it to them, really should raise some questions about how well this company has secured their network.

emily: talk to me about what you see is different from this breach from the one we knew about before. >> in this breach they are talking about more records. most significantly, the passwords leaked in this breach were secured with an insecure encryption algorithm called md5. it's very cracked double. -- crackable. the other breach yahoo! said -- passwords were encrypted with a more secure algorithm. this is more records with a less secure encryption algorithm. and, the company didn't know, even though they've been scouring their network. emily: there was concern that this deal with verizon was already on the rocks because of the initial hack in september. the aol ceo under the verizon -- said he was cautiously optimistic recently that the deal would still go through. what does this mean for the deal now? jordan: big, open question because it's not just about user accounts. the central question we have learned yahoo! has been looking at internally, they stole user accounts, what intellectual property from the company did they also steal, if any?

that will be a central question for verizon. if you have lost all your user's accounts, and corporate ip, what are you paying close to $500 billion for? verizon has said they believe the breach would be material and that gives them license to potentially negotiate downward or walk away. emily: yahoo! has said, they're telling you just to change your password, they are on the issue, but it's three years later. what can be done? jordan: the damage is done, especially if this has been trafficked in cybercrime circles for 3 years. that means users have been using information to send spam and commit identity theft. emily: jordan robertson, our bloomberg cyber security reporter, thank you for that update. we will continue to watch for headlines on this story. coming up, on a day that trump meets with tech leaders in new

york, we're speaking to one of the most well respected venture capitalists in silicon valley. this is bloomberg. ♪

>> it is a 1:30 here in hong kong. chinese tech company meitu made a debut in hong kong on what is a difficult day for stocks originally. the app developer, the biggest tech offering in the city since at $4.6 billion. the chairman told bloomberg that the company has aspirations in social media. >> our focus is to get more exposure and let more people know about our brand. later, to turn it into a social media app. >> crown resorts has scrapped

plans to spin off its international business while announcing a sale to pay down debt aired the company had planned the spinoff after the , alsorn of macau developing -- abandoning the development in las vegas. foul in falling california, the dmv says uber's is breaking the law by rolling out cars in san francisco without approval. they deployed self driving cars bmw havehat google and obtained licenses from the dmv. american think tank says there is evidence of chinese military theallations on islands in south china sea. the center for strategic and international studies show images that they say shows international -- missile

systems. beijing has not commented but hasn't previously committed not to let her rise the region. global news 24 hours a day. this is bloomberg. let's get a check on how the markets have been trading in the asia-pacific today. >> not a great day for equity markets really on the back of that rather hawkish commentary we had coming from janet yellen the fed, of course, lifting rates been we are seeing significant selling coming through particularly in hong kong. also increasingly stash of course, remember, the hong kong u.s.r pegged to the dollar. also, banking and insurance players. we did see unemployment pick up slightly to 5.7% and then you are seeing some strength coming through in japanese equities which had a bit of a choppy

session around midday but of course that dollar strength yen weakness -- particularly in the carmakers the two bg up around 6%. we are going to be live from london from the top of the hour. these are live pictures from hong kong harbor or disses bloomberg. ♪ this is bloomberg technology. i in emily chang. resident alike held a meeting with some of the most powerful ceos and technology. he wants to says keep innovation going. here to break down the possible changes a trumpet administration might bring, the founder of coastal avengers. you have made bets on the shift in consumer enterprise and clean technology. there he curious to get your reaction here. immigration, china -- it was

very friendly and quote unquote productive. silicon valley spoke out against donald trump and they continue to disagree fundamentally and a lot of issues paired what is your reaction to huawei know now about the note that we are starting on here? important to -- greatest with the new administration. i think that is important. tell with the to policies will be. it will be significant areas that we will agree and certain other areas where there will be some disagreement. >> amazon ceo jeff bezos told us that the meeting was very productive. you and i spoke before the election and i know that you were not a donald trump supporter -- what are your biggest concerns with a donald trump administration? thinkl, the area that i that needs the most conversation is around climate change and clean technology. will havewe

relatively good agreement on things like skilled immigration, taxes needs to be addressed, addressed -- applied more to the larger companies like microsoft and amazon and google and apple. they will be smaller companies around skilled integration into this country which is very important to innovation but i do the newwhat administration and silicon valley very focused on innovation and what accelerates it. met withll gates also donald trump yesterday. let's take a listen to what he had to say. >> we had a good conversation about innovation. how it can help and help -- education -- impact of coordination energy, wide-ranging conversation about the power of innovation -- whoosh of every co-wrote an op-ed saying that

these tech leaders should not even be meeting with summer trump in fact and they should be ashamed of themselves because of what he had said about the tech attacksnd -- and actual he has not countries from apple from amazon -- what do you think about that idea? >> well, i think 50 million people or so voted for trumpet and i think we have to recognize that that happened. and today we need to work together and find what is the right bridges to build together that meet both of our needs. sitting nextl was to donald trump in this meeting that he was very influential in getting these folks together. he is a contrarian and he is not shy about speaking his mind however is he is different from a lot of folks in silicon valley. hadi you feel about him the new voice and donald trump zero on technology? peter is very focused

on innovation and capitalism. he is very focused on less regulation -- all of which jive with what the tech industry would like to see. i mostly tend to agree with peter on many of these issues. where he other issues has a different view and i can fit is true of any time there is two people or more than two people with strong opinions. >> now i want to get your thoughts on some of that cabinet picks. rick perry for secretary of energy -- this is a department that he famously wanted to cut but then could not remember the tillerson,o -- rex the ceo of the biggest oil company in the world who has ties to russia for secretary of state kerry what you make of these choices? >> well, they have previously spoken out against clean technologies and climate change issues. that is a little worrisome. what i would say is i was on a

panel many years ago a couple years ago with rex tillerson and we brought -- now, we had different views in the degree of risk it wasn't as he said he is willing to pay less of an insurance premium to manage their risk and i might be willing to appear at i think that is a great starting place for a dialogue. what is the level of risk, what level of insurance or remedial action should we take? >> now speaking of energy you are part of a new $1 billion investment fund focused on clean technology with bill gates, jack ma, john doerr, jeff bezos. talk to us about what you want us to accomplish. i think we need a lot more energy and low carbon technologies whether it applies in agriculture, in buildings, in transportation, or in amateur power. view ands a long

investors who are willing to take high technological risk for breakthrough technologies. i had this thought in both those happened and if they do i think there is less competition in that area and lots of economic opportunity to create very large businesses. >> and what kind of investments to you expect to make? gates has talked about solar fuel, hadi you turn sold energy into not electricity put a few for crops and airplanes. it is a good example of a very high risk technology but with a lot of potential. there is many of ayers -- nuclear is an area that is very promising, water, new kinds of building strategies for building construction all promising areas and breakthroughs could result in significantly better economics. i do believe enough technologies

unsubsidized market competitiveness. unfortunately, too many clean technologies get associated with subsidies and that is not as a savor the required in every area appeared >> let's talk about this because of us that june is produced that are just type stop subsidizing when it is time to stop subsidizing solar. would you -- do you continue to believe that now that we have a president-elect who you may not believe in climate change is real? well, i think it is our job to educate him not on whether climate changes real or not but the degree of risk he have of conference traffic climate events because by climate change. it is a risk and risk management issue and i think is a businessman, president-elect that understands risk and is the crux of this matter.

often gets confused by saying is it real or not a? it is a matter of degree in our confidence about their risk and the degree of risk we have. i do agree that many of the older technologies that have subsidies andneed should not get subsidies pending technologies should be subsidized just because many of the fossil technologies have all kinds of special subsidies already that. >> is all right to, always good to have you on the show, founder of coastal ventures. thank you for joining us. one disclosure i do want to make michael bloomberg founder -- is on the board of breakthrough energy ventures. droneso come, amazon take flight, the retail giant records his first real jurong drop off, details later hour.

you said m elliott could be the largest technology ipo since 2007 in hong kong. they are raising such as $30 million at a valuation of $4.6

billion. nothing's company had a chance to choose between the u.s. in hong kong for their ipo. eventually they went with hong kong because they thought the million of their 460 users are based in this part of the world they thought investors would be able to understand their story more however their pricing did come in at the lower range. analysts are saying that is still because people think of them largely as a mobile phone maker and that begs the question as a very niche market player which focuses on the selfie phone where is the growth going to come from? >> now let's talk a little bit about their areas of focus can areas of growth -- take a listen -- he spoke to the founder and chairman -- take a listen to what he had to say about focus. we will be focusing on advertising and our own e-commerce platform seminar own products such as mobile phones and maybe brands like dior and

ports and we may develop our own camera and some other software focused on winning. >> right emily i want to brighten a little better in terms of where the growth is going to come from for the company. the chairman told us they will be focusing on two sectors. one is e-commerce. the other is advertisement. they have an app that functions as a social networking platform. they are trying to introduce an advertisement stream into the news feed to what facebook is doing. they are focusing on the and-end luxury faction cosmetics section targeting female audiences, emily. >>. the little bit about geographic expansion in particular the argued it also speak with the founder and chairman about that. take a listen to what he had to say. we would like to expand into

the united states, latin america, and europe. we will localize our products accordingly. unlike eastern asian people who prefer whiter skin tones, people in other regions like 10 skin. our focus is to get more exposure and people know about our brand. -- t, meitu still has a lot of work if they want to capture the market. there is a different set of standards for beauty in asia. people might aspire to a fairer complexion. in the u.s., people may use it to make them look more 10. that thepsy told us company is working on a range of two weeks for the application to make it more localized, m&a. access leading cultural differences of play.

from hong kong, the day that meitu goes public. are watching, amazon's first to june delivery is in the books. the retail giant trunk of a package in the english countryside just two minutes after getting in on time odor this according to a tweet from jeff bezos in the delivered fire to the device and a bag of popcorn. amazon begins on beginning deliver a trust with customers who live in a few miles of the taxisty at is built to deliveries. tomorrow the bank of england follows the fed with its own monetary policy decision former nbcnbc number andrew sent as jos us on surveillance 6 a.m. new york time to discuss more of bloomberg tech

a story we are watching. sound run is offering the police

package that can buys battery storage for homeowners in california this after installing more than 500 such units in hawaii. the ceo says recent improvements and cost reduction led sun run including backup storage systems discount little or no cost to the procedure. we spoke about the positive outlook for the solar industry the incoming administration. was a policyedit that was extended under republican congress, that was a george bush era policy could that is what is so great about this industry is that we are cost reduction that we are realizing our make it so that to subsidize at this industry makes a ton of sense. it is working. it is creating jobs and bring savings to people. >> since the u.s. election results there has been countless questions on how many of president-elect donald trump's promises will pan out. so the biggest names in

technology came face-to-face at a with the new administration will do when it comes to technology and innovation. joining us now is susan hennessey from the brookings institute. she focuses on cyber security issues and surveillance. joining us now from our washington dc bureau. as far as we know, susan, security was not one of the top topics of conversation. ?hat was jobs, immigration, china, infrastructure, education, repatriation of foreign cash. what do you make up for we know so far? >> certainly people were looking to see what the tone of the interaction has been lori would be like. we have seen the donald trump has taken a hostile tone during the campaign to what silicon valley and so certainly people were heartened to see the more conciliatory productive engagement that we saw today. would reallyeople

be focused on what exactly president-elect trump's policies are going to look like and how those might interact with silicon valley's business interests. they are starting out on a friendly note here. about the issues where they clash -- you know, immigration, encryption, social issues. how do you expect silicon valley and washington to find common ground? >> certainly there are areas of commonality. donald trump has expressed a strong anti-regulatory instinct. this is something that comports with their broad objections to onerous regulations. however, there are issues which there are very wide device between the president-elect and sort of the silicon valley writ large and post on the merge over you mentionednths encryption being one of them. the question of officemax is, whether or not the law force

committee can access encrypted communication during the apple fbi controversy back in february actually suggested -- called for a boycott of apple products suggesting a very strong sort of anti-tech position so whether or not he will push more extreme versions of legislation certainly that is a possibility. there is also areas are not directly to technology policy but i do mention immigration -- we keep hearing this term .nnovation it about innovation. tow truck tends to be talking about job creation. silicon valley has viewed of hb one visas, attracting foreign talent has -- [indiscernible] obviously the president-elect's immigration policy is on potentially will be quite consequential to that industry. >> what about when it comes to cyber security? we have been reporting a new hack that yahoo! has discovered inits systems that happened

2013. this in addition to another attack that happened in 2014. affected, you know, this -- this latest one that we know about -- one billion users -- at the same time, the cia saying that russia not only act the election but have to to the benefit of donald trump. what sort of online do you expect the ministration to actually take on cyber security given that some of these hack attacks may have actually helped? >> right so i can call of these stories just served to further our that the we are at a cyber security crisis point. this has been an issue that the next the obama administration they were never quite able to come up with a comprehensive are fully effective solution. one area in which we would have for example hillary clinton prevailed, to see some progress being made will be in the regulatory space. increasingly ftc's regulatory authority. grilli to require companies --

to adopt stricter security sanders but it is possible that donald trump will look and the place that the commerce department of voluntary standards, then -- [indiscernible] isewhat ironically that actually at that president obama himself has pushed. thaty pushing this pine the solutions of cyber security is going to come from industry itself. >>'s and hennessy of the brookings institute, obviously, a lot of open questions here, but we watching -- and susan -- think so much for joining us there from easy. that is a for this edition is the new technology parents to come, more on the soviet maker meitu's ipo paralegal hear from -- who backed the company and sits on [indiscernible] >>, this is of a technology or live streaming on twitter be a check us out a bloomberg tech tv, we days, 5:00 in new york, 2:00 and services ♪ competitors offered help your it is uber. ♪

anna: better late than never. the fed raises rates, sending the dollar near a four-year high. officials now see three hikes in 2017. >> the economy has proven to be remarkably resilient, so it is a vote of confidence in the economy. takes centeron stage at the bank of england. rates are expected to change but what will the minutes till us about the road ahead? eu leaders meet in brussels today at the end of a traumatic year. refugees on the agenda, could 2017 be even worse?