just a week after microsoft ceo steve balmer said he's leaving within a year sources tell bloomberg microsofts in talks with four scare about making a phone shall investment. four square is a service allowing users to share and save places visited. a stake would give microsoft a larger presence in social media and on mobile. chinese smart phone maker poached a top google executive. the vice president of leaving. u.s. stocks rose today, sending s and p higher for a second day. your bloomberg silicon valley index is up it's a deal falling apart in the past now verizon is in talks with vodafone again. by letting verizon buy out it's share that, is the story we'll continue to follow. at bloomberg studios in san francisco, larry, carolyn, back to you. >> thank you. >> nfl reached an agreement today to settle lawsuits brought by thousands of former players over brain injuries under the deal the league contributes $765 million to provide compensation to players. plaintiffs include 10 hall of famers. the judge announcing the settlement called it historic. i know $765 million sounds like a lot of mone

a report from bloomberg that microsoft is discussing a relationship with them.hey are in the late stages of talk. unclear if something is going to happen. last week, i told you about google and how google and four square might partner. we'll watch that. watching stock futures this morning, they are higher after two days up now for the dow. stronger news on the economy in hopes a syria strike might be delayed. the major markets up. futures are higher. general electric getting out of the retail lending business. the wall street journal reporting ge spun off. the unit at ge that issues store credit cards for 55 million americans. this is a business story you have right there in your own pocket this morning. ges consumer finance loaned $2 billion. an ipo could come as early as next year. >>> if you think the next iphone will boost apple stocks, have you been buying apple because you are bullish on the iphone? apple is expected to announce it at a september 10th event. it may initially boost the stock but short lived. apple stock has been lower a month after the new

microsoft's top chief is ready to leave and trading is underway on wall street. >> the dow is up about 19 points and ahead, we will go to new york city for the bloomberg business report and the top business stories including more on what is being done to prevent another trading interruption like we had on the nasdaq. >> the search taking place near a south bay university following >> covering benicia, san ramon and all bay area this is abc7 news. >> welcome back at 6:45, a sexual assault near a south bay university is putting women on alert this morning. >> abc7 news reporter joins us with what happened. matt? >> we are standing in the area where the sexual assault occurred on wednesday morning steps away from santa clara university. here is the sketch of the suspect, he is described as white man, light tan, 6' tall weighing 200 pounds and light brown hazel eyes and dirty brown hair. the victim was walking alone and she was grabbed from behind and pushed in the bushes. the woman fought him off and escaped. 15 minutes later santa clara university sent out an alert to student by e-mail and voice mail. >> attempted sexual assault occurred in the area of franklin