emma jones has more. and their fans are just a few months. in march, their owner francesco bocelli had asked for more time to pay the creditors who backed a winding—up petition. today thejudge who backed a winding—up petition. today the judge was told those debts had been paid. bittersweet news for the o ‘s supporters who know their clu b the o ‘s supporters who know their club has been safe for now, but is still in a sorry state under their current owner. a years, it's come to guess. it's that bad that we have just had to relegations in the last few years. that's not the worst case scenario, to relegations, it's not a case of on the pitch that matters now, we just want a football club to support. we still have a club so we re support. we still have a club so were grateful for that. we want a new owner to comment, because in three years, francesco has destroyed the club. not the heart, but the clu b the club. not the heart, but the club at the moment. we fight another day. orient fans now hope that the ca

emma jones has more. the second trip to the high court for leyton orient in just a few months.the owner had asked for more time to give the creditors who had backed the winding—up petition. today, the judge was told it had been paid. it was bittersweet news, but the football clu b was bittersweet news, but the football club still in a sorry state. it has come to this. we have still had the relegations. to relegations. but it is not about on the pitch. we just relegations. but it is not about on the pitch. wejust want relegations. but it is not about on the pitch. we just want the football clu b to the pitch. we just want the football club to support. we have still got the football club but we just want a new order. get rid of him. he has destroyed the club. more cloud not the heart. but we will fight another day. leyton orient fans hope that they can get interested buyer. we believe we have at least one party interested , believe we have at least one party interested, but even with them seems to be difficult so hopefully we can flourish next season. but with more people or mone

unique is that quincy jones comes first and he has nothing to do with it, they paid him to use his name, so they licensed his name to get attention to the filing of the etf. emmae chart is that bloomberg intelligence data on spending on streaming which has been going up quite a bit. just to go back a second, so quincy jones, he does not have anything to do with the etf? eric: they basically paid him to use his name. it is a crowded world for etf out there, and it shows how issuers are a little more desperate to get attention. vanguard, blackrock and state street -- 1500 products are fighting over a couple hundred billion dollars in assets. the question is, will anyone care? there is already an etf from powershares. it contains a lot of old media. it is not raking in the cash. in etf's isabout 20 a hit. there are a dozen others they go right to the graveyard. the odds are against it, but we have seen crazier things happen. julie: is it smart beta? does it use factors to figure out what to put in it? eric: the screening process is so unique and the weighting process will be slightly tilt on market caps. it is smart beta, just on the edge. julie: eric balchunas,

jones industrial average could hit new highs today. this is bloomberg. ♪ >> this is bloomberg daybreak. i am emma chandra.oom. jeff terry of goldman sachs. say with us. -- stay with us. david: this is bloomberg daybreak. i am david westin in new york and my partner and friend caroline hyde is in london. airline? caroline: the partner in crime for today, and we have another exclusive interview for you on bloomberg daybreak. facebook coo sheryl sandberg spoke about the opportunities in technology and what it means to jobs or businesses. here's what she had to say to me earlier. >> what we are seeing is more adoption of the mobile platforms. there are 70 million small businesses that are using facebook on a monthly basis. that is our free product, 5 million advertisers. in facebook we have 8 million instagram profiles of which a million people are advertisers. with the smallest company and the largest company, they are investing in mobile because that is where people are spending the time. caroline: do you feel optimistic about what these show you about the u.s. economy and the global economy in general? are