>> i am alisa parenti. here is a check of your first word news. president trump welcome german chancellor angela merkel to the white house today amidst concerns that president trump is threatening to withdraw from the iranian nuclear deal. a new extension from new u.s. tariffs is also set to expire soon. the epa's internal watchdog is opening an investigation into administrator scott pruitt's russell of a capitol hill condo. the inspector general has concerned the probe, and the government's top ethics officer also push the epa to scrutinize that rental. there will not be a tentative nafta deal in place. they say despite key progress on important issues, a push to have an agreement in place has come up short. ministers will meet again on may 7. the two koreas have agreed to end the war that began on the seven decades ago. north korea and south korea held a historic summit in the demilitarized zone. both sides also agreed to a nuclear free korean peninsula. global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journ

alisa: i am alisa parenti. here is a check of your first word news. bill cosby has been found guilty of sexual assault. the 80-year-old comedian was convicted of three counts of aggravated indecent assault. this comes less than a year after another jury deadlocked on the charges. he could get 10 years in prison on each count. he has been ordered to stay in pennsylvania. mike pompeo has been sworn in as secretary of state. the outgoing cia director heard from 57 senators yes, 42 voted no. it is one of the slimmest margin in history. pompeo left for a trip to brussels and the middle east after he was sworn in. a defiant scott pruitt faced off against a house committee today for the ethics and spending scandals that force a bipartisan call for his removal as epa chief. this hearing comes after support rose and fell among republicans. the u.s. pushing to have a tentative nafta deal in place as u.s. officials from the u.s. go to canada for what is expected to be contentious trade talks. people familiar with the talks say they want exemptions from steel and

i am alisa parenti. this is bloomberg.0 friday morning in any where we are joined by bloomberg's paul allen with a look at the markets. good morning. paul: good morning. it was a bright day on wall street. most of the major indexes finishing up. let's look at where they were. the s&p up 1%, the dow 1%, the doubt up 1.6% and positive reports from amazon with profit forecasts topping estimates, microsoft as well. this is setting us up for a reasonably positive day in the asia-pacific as well. looking at aussie futures, asx futures are up .8%, and nikkei futures traded out of chicago also higher by 7 -- by .7%. the greenback continuing to show strength against the yen. quick look at commodities and check out aluminum, the recovery continuing. planning to remain at resolve , goldound the $8 weakening. keep an eye out for the announcement from the bank of japan. no change policy expecting, but china coming out with petrochina and bank of china results. i am paul allen in sydney. more bloomberg technology next. ♪ ♪ emily: welcom

i'm alisa parenti. this is bloomberg. ♪ emily: i'm emily chang. this is "bloomberg technology."acebook crashes on revenue and ushesnues to add -- cr on revenue and continues to add new members. we take a look. the turnaround of twitter gathering steam, but why aren't of the investors buying it? we will hear from their cfo this hour. tim cook and president trump, details on history to the white house and the potential impact on trade tensions with china. shareslead, facebook advancing after reporting first-quarter earnings. a big quarter for the social network as sales near records and users keep flocking there. it soared almost 50%. beating analyst estimates. in a statement, facebook says it users, billion matching estimates. facebook is embroiled in one controversy after another. we are joined by our bloomberg contributing editor david kirkpatrick. in seattle, debra aho williamson . cambridge analytica scandal broke towards the end of the quarter, so maybe that is not all included here. but what do the numbers signal to you? debra: you are right. the scandal happened, or the re

. >> i am alisa parenti. here is a check of your first word news. welcome german chancellor angela merkel to the white house today amidst concerns that president trump is threatening to withdraw from the iranian nuclear deal. a new extension from new u.s. tariffs is also set to expire soon. the epa's internal watchdog is opening an investigation into administrator scott pruitt's russell of a capitol hill condo. the inspector general has concerned the probe, and the government's top ethics officer also ps

i'm alisa parenti. just after 5:30 p.m. in washington. 7:30 a.m.ey where we are joined by paul allen for a look at the markets. i guess we have to hope there is not a carry through to what we saw in the states when asia opens up for business. paul: i think a carry through his paritis pretty much guarant. not the greatest leads we have had from wall street. the dow down almost 3%. the s&p 500 slipping 3%. the nasdaq losing a lot of ground, down 2.9%. amazon and intel among the biggest decliners. this --res looking like slight gain. nikkei futures weaker by 2%. aussie dollar will be in focus today. we are waiting on the cash rate, likely to stay at 1.5%. aussiegold strengthening on han demands while seeing a pullback on iron ore. more from bloomberg technology. ♪ ♪ emily: this is bloomberg technology. let's return to our top story. stocks in freefall on monday's a pessimistic starts a to the quarter. amazon up 50% in the last year, after president from her nude it attack on the online retailer. netflix slid 5%. a pessimistic starts a chipmakers in th

i'm a alisa parenti, this is bloomberg, and with emily chang is next. ♪ ♪ this is bloomberg technology earnings standout us week was expedia. reported earnings that beat forecast and rising demand, ceo mark okerstrom spoke with bloomberg. trivago is in a transition period, and advertisers have pulled back on spending and has given us opportunity for smaller advertisers to step up. unfortunately the overall monetization of the platform is lower than it has been so we're on to get through this in the back part of your. greatttom line is it is a thought from for advertisers to advertise on and a popular service with consumers. we are optimistic things will get better as we move through. >> also because of your investments, how do you plan on making homeaway to your profit and bottom line from the next quarter and on? mark: homeaway is on acreage trajectory in terms of topline revenue looking solid. the issue with homeaway is not really an issue. are a highly seasonal business so we pay for marketing in the first quarter and jerod strong bookings like we did this corner, and ultimately it

joe: have a great >> i am alisa parenti. here is a check of your first word news.nd guilty of sexual assault. the 80-year-old comedian was convicted of three counts of aggravated indecent assault. this comes less than a year after another jury deadlocked on the charges. he could get 10 years in prison on each count. he has been ordered to stay in pennsylvania. mike pompeo has been sworn in as secretary of state your the outgoing cia director heard from 57 senators yes, 42 voted no. pompeo left for a trip to brussels and the middle east after he was sworn in. a defiant scott pruitt faced off against a house committee today for the ethics and spending scandals that force a bipartisan call for his removal as epa chief there this hearing comes fell support rose and among republicans. the u.s. pushing to have a tentative nafta deal in place as officials from the u.s. go to canada for what is expected to be contentious trade talks. people familiar with the talks say they want exemptions

. ♪ alisa: i'm alisa parenti. you are watching "bloomberg technology."eck of your "first word news." ms. french president spoke, adjusting a joint meeting of congress today. he warned that a trade war would be especially damaging to the middle class. >> the commercial war is not consistent with our mission, with our history, with our current commitments of global security. at the end of the day, it will be increasing prices. and the middle class will have to pay for it. alisa: the president's travel ban getting support today from supreme court justices. it bars people from entering the country. the court will likely issue a ruling in june. democrats have released a summary containing allegations of improper conduct by ronnie jackson, the piccadilly the veterans department. one document says he got intoxicated indirect a government car. george h.w. bush is out of intensive care. doctors say he

alisa: i am alisa parenti. here is a check of your first word news.exual assault. the 80-year-old comedian was convicted of three counts of aggravated indecent assault. this comes less than a year after another jury deadlocked on the charges. he could get 10 years in prison on each count. he has been ordered to stay in pennsylvania. mike pompeo has been sworn in as secretary of state. the outgoing cia director heard from 57 senators yes, 42 voted no. it is one of the slimmest margin in history. pompeo left for a trip to brussels and the middle east after he was sworn in. a defiansc