bloomberg's chris palmeri there in hollywood.will be digging into this deal and the streaming value -- the streaming battle a bit later. one of the most popular cryptocurrency exchanges has added a big name in tech to its board. head of facebook messenger is joining the board of coin based. david's knowledge of the mobile space will help guide us. it will bring opportunity to people all across the globe. an explosions seen of user growth in the last year as the value of coin source. andng up, more on oracle adobe's earnings. next, this is bloomberg. emily: tech investor has resigned from the venture capital firm he invented. he was accused of sexual assault and harassment by multiple women. saidstatement, the company we are deeply committed to our culture of integrity. we will continue to put these values into action over all of sherpa capitals activities. he relates his own statement saying i plan to focus now on the appropriate ongoing regal actions against those who are unjustly looks trading a smear campaign against me. he ha

emily: we're joined by bloomberg's chris palmeri in l.a.. said he didn't see this deal happening and there was speculation about it for some time. walk us through the nuts and bolts. chris: thankfully, the bulk of what we know of fox is that most of its entertainment assets are going to disney. the fox studio, the national geographic's channel, fx, a big satellite provider in europe, it is a massive chunk of fox now merging with disney. think of this you idea that james murdoch could be i gura's successor, even if years from now. there was a lot about this going into the announcement that he would be named as some senior role at disney. kind of a surprise today was that nothing happened. neither side ruled it out, and him tor said he expects have an advisory role in integrating the two companies, but nothing clear yet. now saying he will stick around for four more years. it is hard to say at this point that james murdoch has any real clear path to the ceo of disney. emily: this is disney's biggest acquisition ever. how does it fit into the co

emily: bloomberg's chris palmeri there in hollywood.ll be digging into this deal and the streaming battle a bit later. one of the most popular cryptocurrency exchanges has added a big name in tech to its board. head of facebook messenger is joining the board of coinbase. they said his knowledge of the mobile space will guide them in creating a truly open financial system to bring opportunity to people across the globe. coinbase has seen an explosion of user growth in the last year as the value of bitcoin sores. coming up, more on oracle and adobe's earnings. the biggest highlights and mrs.. this is bloomberg. ♪ emily: tech investor shervin pishevar resigned from sherpa capital. he was accused of sexual assault and harassment by multiple women in the tech industry. in a statement the company said , we are deeply committed to our culture of integrity, inclusion and respect. we will continue to put these values into action over all of sherpa capitals activities. including the founders and companies we support. onsays he plans on focusing t

emily: that was bloomberg's entertainment reporter chris palmeri.ing up, t-mobile's big plan for the small screen. we will hear from the telecom giant as it prepares to take on tv. plus, apple is roughly -- apple's roughly $400 million bet on facial recognition technology. we will break down the investment. this is bloomberg. ♪ ♪ emily: t-mobile u.s. has announced plans for a disruptive new tv service set to launch in 2018 and signed a pact to acquire layer three tv to build out the strategy. we caught up with mike siebert, chief mobile officer in denver discussed the motivation behind the deal. >> this is a market that is filled with pain points. if you think about it, it is the most hated industry in america. top companies with 10 the worst customer service ratings in america are paid tv companies. with our brand as the uncarrier and solving pain points in wireless, we are poised to make a big difference in this $100 billion paid tv market. emily: at&t and verizon have been exploring the online video market as well, a step beyond the slowing wirel

chief, chris palmeri. you have to break this down. what is elaine wynn alleging? ting out in her long-running feud there is paid,ettlement steve wynn a multimillion dollar settlement with a former employee in 2005, and she discovered it in 2009. she is saying this space to a problem at the top of -- speaks to the problem of the company that the board was never notified about this and that companies shouldn't be, you know, paying the settlements without more scrutiny, and in the wake of the weinstein scandal, her attorneys have been playing it up in court that this happened and they are requesting more documents. this month they won. the nevada supreme court gave you may access to some of those documents, and that is the latest. some ofe access to those documents, and that is the latest in the trial is set to go to court in april. this could hurt steve in his case. to be clear, we do not know what is in the settlements. knows what is in the settlement, and she has spoken somewhat about it. is she allowed to reveal in detail what was in it, or has she just hinted aro