patrick and john collison quit college because they had an idea for shaking up. >> patrick collison: in a world where people can send a facebook message or sort of upload an instagram photo and have it available to anyone anywhere in the world like that, i think the fact that that doesn't work for money is something that seems kind of increasingly, honestly, unacceptable to people. and so, i think the question for banks is just can they get there first in providing these services? or will it be somebody new? >> stahl: they want to be the somebody new. john, 26, and patrick, 27, first noticed the problem when they were in high school in dromineer, a dot of a town in ireland. and you were coders? >> john collison: yeah, we had both learned to program growing up, and we had been building iphone apps, we had been building web services. >> stahl: but when they wanted to charge people to buy the apps they hit an unexpected snag: they had to go to the bank and file paperwork just to be able to collect the money. >> patrick collison: like really sort of kind of like getting a mortgage. >> jo

collison: right, exactly.ort of weeks for this approval process to happen. and it just seemed sort of like this crazy mismatch. >> stahl: so they decided to do something about it. they created software that allows businesses to cut through all that bureaucracy and instantly accept payments online from countries across the globe. we visited their startup, stripe, in the mission district, the heart of san francisco's tech scene, where patrick showed me how fast a business could set up a money-collection system using stripe. set me up! pretend i left "60 minutes" to create an online business. >> patrick collison: what do you want to sell? >> stahl: i think i'm going to sell dog food. homemade dog food. in five minutes, after a few clicks and a cut and paste of their code, he said my company would be ready to receive payment for homemade dog food online, right then and there. >> patrick collison: it doesn't need to take any longer. this is how it should work. >> stahl: and this is what would take weeks and weeks a

. >> mike: collison, his third foul. james, now seven of them, nine from the line, he has 30 points. coming up on 1:30 remaining. durant and westbrook. battier. and shot clock at seven. durant on the drive. inside to collison for the slam. great pass from kevin durant. james back to bosh. open look for three. won't go, durant calls in the rebound and sayses sl says, slo i got it. and battier, on the reach-in foul, they had a foul to give. with 53.4 seconds remaining, thunder by seven. >> jeff: well, that's growth right there. kevin durant could have easily gotten up a quality shot. instead, did a nice job finding collison along the baseline for the jump. >> jeff: we will talk about durant, we will talk about westbrook. and nick collison off the bench, huge for the thunder. durant shining once again in the fourth. with the shot and the pass. here in the final minute of game one. >> mike: abc monday "the glass house" puts the lives of 14 contestants in your hand. the series premiere monday after "the bachelorette" monday.

. >> mike: collison, his third foul. james, now seven of them, nine from the line, he has 30 points. coming up on 1:30 remaining. durant and westbrook. battier. and shot clock at seven. durant on the drive. inside to collison for the slam. great pass from kevin durant. james back to bosh. open look for three. won't go, durant calls in the rebound and sayses sl says, slo i got it. and battier, on the reach-in foul, they had a foul to give. with 53.4 seconds remaining, thunder by seven. >> jeff: well, that's growth right there. kevin durant could have easily gotten up a quality shot. instead, did a nice job finding collison along the baseline for the jump. >> jeff: we will talk about durant, we will talk about westbrook. and nick collison off the bench, huge for the thunder. durant shining once again in the fourth. with the shot and the pass. here in the final minute of game one. >> mike: abc monday "the glass house" puts the lives of 14 contestants in your hand. the series premiere monday after "the bachelorette" monday.

justine collison and her 8—year—old daughter isabella died.and father gavin is fighting for his life. —— the children's grandmother was led to safety. close neighbours had battled to rescue the others. i saw my dad and his other bloke who are trying to get in so i thought, all efforts to get through the door and help them. but obviously we couldn't. it wasn't until we saw the fire brigade, you know, open the front door, that we saw the inside was just thick with smoke. from learning that they were first in a serious condition to what's happened today, it's got more and more upsetting, as today has gone through, it's got more upsetting. police and fire officers have spent a second day here at the property, trying to work out what caused this tragedy. meanwhile, members of this close—knit community have been gathering to pay their tributes. justine collison was a much respected teaching assistant at a local school. today, a colleague was among those paying their respects. she was lovely, could not meet a nicer woman. she was always smiling, and

john collison.stion -- you can tweet to me at @flacqua. 2015 a record year for global m&a. some of the biggest a deal so far. ♪ francine: welcome back to "the pulse." shaping up to be a record year for global m&a. the total value is on track to surpass $3 trillion for the first time since 2007. with more is manuel baigorri. what are some of the biggest deals? manuel baigorri: a tremendous year for m&a. every sector, every geography. some of the biggest deals you were mentioning energy. we saw the biggest so far with shell bg. very hectic charter. will seem time warner cable in the -- we have seen time warner cable in the u.s. and an offer made yesterday by bouygues telecom. just a nonstop. francine: what is behind in this? manuel baigorri: a few drivers. in europe, the economic recovery as ceo's far more confident that the economic recovery is underway so they feel those deals they had in mind and had thought about in the past they feel quite sure that it was positive. they want to tap into it. on t

what was it like growing up the brothers collison? >> we grew up in the countryside.it was like a 40 minute drive to get to school in the morning. none of the friends we went to school with lived anywhere close to us. when we came home from school, we couldn't run around and play with them. we had to run outside and play with each other. all there was to do was go and read books. we didn't get to the internet until i was a teenager. you got used to browsing websites or whatever, reading about these products and services, to scrutinize the fine print and be like, offer not available in the republic of ireland. there was this sense was staring through the glass at this amazing world and internet out there, but not all of those opportunities being available or equally available. again, somebody in the arctic middle of the countryside in ireland. so in a way, stripe is focused on global access and expansion of global opportunity and all those things. this really was not conscious in any way. but now looking back over the last 20 years of my life, i think in some ways, tha

on monday moscow said that it was a whole tinc operation with washington over syria after the collison shot down a serin fighter plane the day before the pentagon earlier claimed it had shot down the syrian tat in self-defense after it bombed u.s. backed militants but damascus as that its plane was attacking islamic state the syrian jad was down near the eisel held city of raka which is under siege by u.s. backed local troops it's not the time the u.s. led coalition has targeted forces and the war zone last month and south and syria they call it and also bombed pro-government forces several times after accusing them of thought i laid saying so-called a d. complex and zones are these any so now it takes a closer look at the latest track down. the u.s. shoots down a syrian plane over syria in self-defense the only action that we have taken against pro regime forces in syria and they've been to specific incidents have been in self-defense let's imagine a random guy comes into your house with a gun and shoots your dog and then he's like it was just self-defense i wanted to make sure there

docket number 2022-gs-15-00593, the state of south carolina, county op collison in the court of generalsion, the jewel term of 2022, the state versus richard alexand murdaugh, defendant, indictment for murder sc code 16-3-001 0, cdr code 00116, verdict, guilty. signed by the forelady, date 3-2-23. docket number 2022-gs 15-0595, the state of south carolina county of collison, court of general sessions julyterm july 2022, the state versus richard alexander murdaugh, defendant, indictment for possession of a weapon during the commission of a violent crime. sc code-16-23-0490, cdr code 0549, verdict guilty, signed by the foreperson of the jury, date 3-2-23. docket number 2022 gs-15-00594, the state of south carolina, county of collison, court of general sessions, july term july 2022, the state version richard alexander marshall faulk murdaugh, commission of a crime during a violent crime, cdr code 0549, verdict, guilty. signed by the foreperson of the jury, 3-2-23. >> thank you. madam forelady and members of the jury, is that is the verdict of each and every juror, please let it be known by

darren collison ripped away from james and collison sakes it the other way for the basket and the foul. he missed the ball. keel on the steal. mike miller inside to wade. wade had 30. reteamed himself nicely. heat beat the pacers. series is now tied at two games apiece. >>> nhl playoff this is afternoon. kings winner of eight straight postseason games were looking for a sweep of the phoenix coyotes. a win would have sent the kings to the first stanley cup since 1988 when a gay named wayne gretzky was king of the town. but a guy named shane doan had other plans. you can see the this goal, was that a goal? they used the overhead ankle. the world hackey championship final. russian caps connect. ovechkin for alexander semin for the goal. what a great look by coach kin who goes through the legs of the defender. game tied at 1-1. second period, russia leads 3-1. pavel datsyuk on the steal to semin for his second goal of the game. russia beats slovakia 6-2 to capture the world championship. >>> defending champion virginia and notre dame facing. virginia trailing 8-7. two goals on the day for

today, i saw stripe's patrick collison, his brother will be on.you see this as replacing or just complementing traditional media? margit: i see this as a complement to traditional media. there is news coverage we are not suited to do. we are using the assets that we have. we have a lot of in-house experts who have first-hand information because they have lived open-source business models and they have access to fellow colleagues, fellow travelers who also have that, and we want to source that. we are less interested in all the stuff that you have been covering -- i have been watching the segment until now -- and nine of those topics would be in future. emily: you and i have talked about this a lot over the years as your thinking has evolved. many journalists know that some folks at andreessen horowitz are not fond of traditional media and traditional journalists. some of them are asking, why the dislike? what traditional media doing is wrong or getting wrong in your view? margit: i think media is getting a lot right, for sure. i do think there was

-- with the stripe cofounder and president john collison.is bloomberg. ♪ wanna help kids get their homework done? well, an internet connection's a good start. but kids also need computers. and sometimes the hardest thing about homework is finding a place to do it. so why not hook community centers up with wifi? for kids like us, and all the amazing things we're gonna learn. over the next 10 years, comcast is committing $1 billion to reach 50 million low-income americans with the tools and resources they need to be ready for anything. i hope you're ready. 'cause we are. >> i think crypto is the next internet opportunity for the united states. it has the potential to create as many if not more jobs on the internet similar with economic growth, i think it has a potential to square the circle on internet privacy issues with have been talking about with internet companies. emily: that is just part of my conversation with the coinbase cofounder and also managing partner of paradigm, fred ehrsam . we can catch the full interview on studio 1.0, and

paul: patrick collison from stripe, i have known since he was, like, 14. back when he was this high school kid in ireland, he used to email me questions about the lisp programming language, and i had no idea he was a kid. emily: now that these companies are worth multi-billions of

joseph kent collison. jeffrey dwayne collman. patricia malia colodner. linda m. colon. sole. colon. and my father, thomas j. fisher. i love you and you will forever be in our hearts. >> and my father, douglas brian gerian. i love you so much and you miss you every day. >> ronald edward comer.

justine collison was a much respected teaching assistant at a local school.pects. she was lovely, could not meet a nicer woman. she was always smiling, and adored her children and her husband. a special service was held at the village church, all saints, this morning. it will remain open every day between now and christmas. gerry jackson, bbc news, collingham in nottinghamshire. a group of mps has said the rollout of a type of smart motorways — where the hard shoulder is permanently turned into a fourth lane — should be stopped. the all—party group backed campaigners who say having no hard shoulder puts motorists and recovery workers at risk. england has more than 100 miles of all lane running smart motorways, with 225 miles more planned. environmental groups have said a deal struck at a un conference in poland does not go far enough in tackling climate change. delegates from nearly 200 countries did reach agreement on how to implement the landmark paris climate accord, and they outlined plans for collective rules on cutting carbon emissions. but the commitme

mrs collison was a much respected teaching assistant at a local school.ng their respects. she was lovely, could not meet a nicer woman. she was always smiling, and adored her children and her husband. a special service was held at the village church, all saints, this morning. it will remain open every day between now and christmas. gerry jackson, bbc news, collingham in nottinghamshire. bad weather and an increase in online buying are being blamed for shoppers staying away from the high street — on what is usually the busiest weekend before christmas. retail experts say numbers across the uk yesterday were down almost 10% compared with the same time last year. here's our business correspondent, joe miller. a bruising year has left many of britain's large retailers fighting for survival and more than ever, banking on a busy festive season. but heavy rain heaped more misery on the high street yesterday and prompted many to stay dry and shop online. there was a sliver of hope for retailers last week when footfall rose 6% on the year before. but figures from

i had lunch with patrick collison.ounder of stripe. 100% of the conversation was about giant, take-over-the-world ambitious plans. and that is like the best possible office hours. emily: how involved are you, jessica? jessica: i'm still very much involved. i'm doing all of the same things that i used to do. if not engaged in different things. i miss working with paul but i also love working with sam altman. emily: now sam was actually the founder of one of your very first companies. paul: yeah. emily: loopt. when you stepped down, there were certainly people out there who said he is not cut out to be you. paul: it is a good thing he's not cut out to be me, because i was not cut out to run something as big as y combinator is now. he is better than me at this. emily: come on, jessica. paul: i was good to giving advice to founders. emily: is sam going to be better than pg? jessica: well, they're going to be different. sam brings a lot of things to the table that neither of us had, which is this amazing amount of energy an

. >>> detective collison was 28 years old when he was shot and killed last year. tonight his memory is alive and well. from our area to the suburbs of philadelphia. teams of law enforcement officers from across the region are facing off in a basketball tournament that benefits fallen first responders. as they honored his memory on the court, his parents sat down with us to help tell his story to john henry. the story you'll only see here. >> reporter: james and sheila collison will never forget the impact their son had live. >> you'll never fill that void. they'll always be an emptiness. >> reporter: he died march 13, 2016, after he was shot by another officer while in the line of duty. all around their home you can find reminders about the life he lived. >> of course a sudden death is hard. he was just a loving child. a good person. it's been hard for little things like my birthday, mother's day, christmas. the holidays. he would always call or he would always come home. >> reporter: even a year after his passing his parents still receive support from people all

the only other survivor was mrs collison's mother, who was helped out uninjured.cluding this one to mrs collison, here in an raf uniform, sitting on the left. while this woman worked with her at a nearby school. she was lovely, could not meet a nicer woman. she was always smiling and adored her children and her husband. over the weekend, prayers were said for those who died and for those who survived, and the local church will remain open during the day between now and christmas day for those wishing to pray or leave messages of condolence. ben ando, bbc news. for the first time in 52 years it won't cost you a penny to cross either of the severn bridges as toll charges have been scrapped from this morning. it's thought that scrapping the toll will benefit communiters, businesses and the welsh economy by around £100 million. some drivers will save up to £1,400 a year. our wheels correspondent is there. many people crossing this morning regularly make this trip every day for work purposes. there was a huge queue of traffic for that influx of vehicles not paying at 6

detective jacai collison was mistaken for a suspect and shot and killed by one of this is officers. moment of silence at 4:30 this afternoon, when those shots were first heard outside the police station next to headquarters. officer collison's grandmother was there tonight. >> he's in a better place and he's at peace with all of you. yes, he's fine. >>> three brothers are facing charges in that attack. >>> i want to move to politics now. donald trump's response to yesterday's violence in arizona. at a dinner tonight, trump said he does not condone violence at the events but blames media for not showing what led up to the punches being thrown yesterday. he said it was a person dressed in an kkk hood that caused an african-american man to lung out and kick somebody. meanwhile, trying to figure out how to beat trump. john say sick was on meet the -- kasich was on "meet the press" and said his numbers were starting to get off. >> i am not play paragraph lore game. the convention is in the process of nominating somebody. i was there in '76 when reagan challenged the sitting president. th

emily: john and patrick collison, cofounders of stripe. the full interview on the latest episode of "studio one ple1.0." that does it for this edition of "bloomberg technology." tomorrow, we will speak with armed ceo. that's all for now. this is bloomberg. ♪ ♪ haidi: wall street rebounds along with sure yields as investors reassess market direction to the gridlock in italy. ramy: the s&p 500 and the most in three weeks, hoping the selloff caused by fears about the future of the eurozone. and rigidewhere, slow institutions, and the wto causes great concern. ramy: and beijing trade blows with washington,

collison inside. blocked from behind. they just won't stop. >> jeff: you know, going into this series, i thought oklahoma city was the better team. i thought they would win it. i thought it would be close, i thought it would go a long way, as harden knocks in the three. but miami, the way they have performed here at home, tonight and in the close games, has been very impressive. >> mike: well, they are 10-2 in the postseason here in miami, as james drives and lay-up won't go. fisher, the rebound. we're past the midway point of the fourth. thunder, still trying to battle. trying to find a way. collison's tip misses. ball knocked loose. chalmers and fisher. and james comes up with it. james now two rebounds shy of a triple-double. this crowd showering the heat with love here tonight. miller. drives. miller will try a two. and a 24-second violation. and miller hobbles up. abc tuesday, july 10th, celebrities like serena williams, mark cuban, jerry springer, ricky gervais, will trust us with your life. new comedy about celebri

we spoke yesterday with stripe ceo patrick collison.e a listen to what he had to say. >> it is an interesting sort of strategic misalignment at the macro level between paypal and apple. paypal is a wallet system designed in the 1990's. apple pay -- kind of the fundamental idea behind the product is that you shouldn't need another wallet. you shouldn't need to go somewhere else or be bounced to another website or something like that. you use your fingerprint and the transaction is done. >> how do you respond to that? >> paypal is big in itunes. google has google wallet but recently added paypal as a payment. one of the things people don't really appreciate is while paypal functions across the ecosystem, it functions from consumer to merchant and everything in between along with being the most trusted digital wallet, it is a payment method and platform. the button you push may be itune or google play but paypal is a payment within that. it supports a number of transactions when we are we're not necessarily the wallet. we can say we accept

led coalition has targeted forces on the warzone last month and south and so rather collison also bombed pro-government forces several times after accusing them of violating so-called de confliction zones or any so now it takes a look at the latest track. the u.s. shoots down a syrian plane over syria in self-defense the only action that we have taken against pro regime forces in syria and they've been to specific incidents have been in self-defense let's imagine a random guy comes into your house with a gun and shoots your dog and then he's like it was just self-defense i wanted to make sure there was no why lin's going on here d. as coalition speaking of deescalation after this self defense move the situation couldn't be worse russia now considers all u.s. led coalition planes in the area of potential targets and are tracking them all of this happened as both the u.s. and syrian government backed up by the russian air force were fighting isis in the stronghold of raka now washington and moscow have locked horns in syria again focus has shifted and isis is probably breathing a deep sigh

saturday morning in the lake district, and kim collison has been running since 3am.im — to conquer as many peaks as he can, in under 2a hours. an extraordinary endurance run, over the most difficult terrain. kind of have this motto of every second counts, so it was, let's just keep moving, even though you're feeling tired or struggling, let's just keep pushing and don't stop. 78 summits were on his hit—list. they included well—known fells such as skiddaw, helvellyn and scafell, along with plenty of lesser known ones. the 96 mile circuit involved climbs which totalled more than 39,000 feet. this is kim touching just one of the peaks. go on, kim. he had pacemakers to help him keep going, and stop him from getting lost. without my team of supporters there, this record wouldn't have been feasible. i got an e—mail from the previous holder to wish me luck, and say, "it's about time this record was taken. good luck," sort of thing. and with just 15 minutes of the 2a hours‘ time limit left, he did just that. it's just pure joy. it's just that big smile that you get when you

the brothers collison. >> we grew up in the countryside.o it was like a 40 minute drive to get to school in the morning. none of our friends lived anywhere close to us. when we came home from school, we would -- we couldn't run around and play with them. we had to run around and play with each other. we would go read books. we didn't get to the internet until i was a teenager. you got used to present -- to browsing websites, to scrutinize the fine print and be like, offer not available in the republic of ireland. so the sense was airing through the glass at this amazing world and internet out there and not all of those opportunities being available or equally available. so, in a way stripe is focused on global access and expansion of global opportunity and all those things. this really was not conscious in anyway. but looking back over the last 20 years of my life, i think in some ways, that mindset was instilled by the experience of growing up in 1990 ireland. emily: how did you discover computers? it would be fair to say that we were free

collison inside. blocked from behind. they just won't stop. >> jeff: you know, going into this series, i thought oklahoma city was the better team. i thought they would win it. i thought it would be close, i thought it would go a long way, as harden knocks in the three. but miami, the way they have performed here at home, tonight and in the close games, has been very impressive. >> mike: well, they are 10-2 in the postseason here in miami, as james drives and lay-up won't go. fisher, the rebound. we're past the midway point of the fourth. thunder, still trying to battle. trying to find a way. collison's tip misses. ball knocked loose. chalmers and fisher. and james comes up with it. james now two rebounds shy of a triple-double. this crowd showering the heat with love here tonight. miller. drives. miller will try a two. and a 24-second violation. and miller hobbles up. abc tuesday, july 10th, celebrities like serena williams, mark cuban, jerry springer, ricky gervais, will trust us with your life. new comedy about celebri

joining me today on on "bloomberg studio 1.0," patrick and john collison.hey are the co-founders of stripe. i have interviewed you both separately many times, and i am so excited to have you here together. we are going to start at the beginning. you were born in rural ireland. what was it like growing up? the brothers collison. >> we grew up in the countryside, right, so it was like a 40 minute drive to get to school in the morning. none of our friends lived anywhere close to us. when we came home from school, we couldn't run around and play with them. we had to run around and play with each other. we would go read books. we didn't get to the internet until i was a teenager. you kind of got used to when you were browsing these websites are whatever, tor scrutinize the fine print and be like, offer not available in the republic of ireland. so the sense was staring through the glass at this amazing world and internet out there and not all of those opportunities being available or equally available. so, in a way stripe is focused on global access and expansion

he is taking some heat for hiring his former communications chief andy collison. collison was the editor at rupert murdoch's "news of the world" when journalists hacked into the voice mails of murder victims and politicians. >> with 20/20 hindsight and all that has followed i would not have offered him the job and i suspect he wouldn't have taken it. >> it is no about hindsight, mr. speaker, it is about all the information and warnings that the prime minister ignored. >> cameron met with news corp. executives more than two dozen times since taking office. he denies his staff tried to stop an investigation into hacking in the tabloid. in all the prime minister received more than 100 questions and he promised to "clear up the mess." >>> well, it turns out that hacking into voice mail in the u.s. is pretty easy depending on your phone carrier. bill whitaker shows us how it is done. >> reporter: the tabloids including british royals and commoners and screen stars like hue grant. >> i think this is the watershed moment. >> reporter: but don't think hacking is just of t

emily: john and patrick collison, cofounders of stripe. the full interview on the latest episode of "studio 1.0." , 9:30 p.m. inday new york, 6 p.m. in san francisco. that does it for this edition of "bloomberg technology." tomorrow, we will speak with the arm ceo. that's all for now. this is bloomberg. ♪ >> right now it is all new, a paid presentation for meaningful beauty by cindy crawford. >> with special appearances from some of your tv favorites sharing their skin saving secrets. >> plus, a stunning before and after story from today's special guest. >> at age 52, the star of "full house," lori loughlin's skin looks younger thanks to friend and supermodel cindy crawford. lori: i really do feel like my