htc shares trading higher, up about 10%.shiba says it is planning a bold restructuring of its chipmaking and lifestyle divisions. delayed 2014 results showed a reinstatement of six years of earnings due to accounting irregularities. the president says he will outline the restructuring over the coming years and repeated his apologies. toshiba shares looked like this in the tokyo session. they are down 1%. rishaad: another story, an island where bitcoins are becoming accepted currency. on bloomberg.com. thousands of apps are created every day. what does it take to create a world leader? growing suspicion that china really not control the market. "trending business" returns in a minute. ♪ a suspect in last month bangkok bombing has confessed to possessing explosives. he was asked whether he was guilty of having bomb making materials. his translator said guilty. he was arrested last week near the thai-cambodia border. the architect whose controversial tokyo 2020 olympic stadium has been scrapped is to make another bid for the pr

yvonne: you have google, htc, lg, all backing the korean maker. saying this decision could potentially allow patent owners to leverage their right for competitive game. but this decision could be a powerful ability to block a powerful dimension. you can increase negotiation settlement. apple also reached a settlement with htc to include its no cloning provision on the design. this ruling helps to do the same for other smartphone makers. for example, china's xiaomi trying to enter into the market. angie: a lot of challenges ahead. thank you, yvonne. sony has been moving away from unprofitable tvs to move to games. the ceo is betting on virtual reality to help this growth. we have our technology reporter with more in tokyo. grace, you are at the game show yesterday. r shapinge sony v up? grace: a better shape than many have expected. actually, when i was at the show, i talked to a bunch of people. they told me of the show that their top priority at the show is the sony playstation vr. it is gaining attention from people in the industry. and also fro

forave oculus rift, vibe htc.s that relate to the other products and when might we see these come to market? e: i have talked to the sony game division had and he says -- and he says that the sony playstation vr development is on schedule so we will see this coming to the market at the first half of next year. with,ill be competing angie, you mentioned oculus rift. which will come to the market earlier than sony. so there are analysts estimating that the market, it could be worth more than $60 billion. there is a huge market out there but the competition might become more fierce. speculatesfurther that we do not know whether apple will do something in the vr field. no, very interesting to watch. thank you so much for that. respond out of tokyo. -- grace out of tokyo. we have breaking news. with rba governor getting his testimony to the parliament community as he appears before the house of representatives economic committee. he is making comments right now. he says the economy is not growing as fast as australia w

they are currently up over 2.5%. 67%, thed around height of popularity in 2011 htc the u.s. of apple in market. but now it is struggling to reverse unsuccessful project launches. with risingdealing inventories. says the 747 has dropped to zero. boeing was already preparing to cut production to one play in a month because of china slowdown. has two nippon cargo more on order. visit the company still remains an important customer. 2010 slashs on the chargesat detailed new against the british daytrader. they had to build trading software. the new information helps understand how the 36-year-old trader could then withdraw before there were executed. less than $1 trillion was wiped off the u.s. markets on may 6 2010. we're keeping an eye on that. rishaad: another story on bloomberg business it is why jaguar is about to get cheaper. coming up later, the bank of chairman has been in office for two years. his battle to get rising prices under control. houthi is positioning his portfolio during the tremendously volatile times. ♪ e.g. 20 summit may be overshadowed in turkey. going to

samsung, google, htc backing samsung's argument. rish: android customers, of course?yeah, they basically said this decision would only allow patent owners to unfairly leverage some of their patents for competitive gains. samsung or -- apple can still try to go to court for some of the newer versions of samsung phones. apple, this ruling really helps them not as much as the other smart phone makers. rish: thank you. up next, after months of build-up, rugby finally kicking off this weekend. can england win on home soil? we're having a look at some of the teams to watch right after this. >> checking some stories making headlines around the world now. croatia has become the latest hot spot in the mass exodus to western europe. hungary sealed off its border. many bling on to trains through windows. meanwhile in head of germany's immigration authority is stepping down. manfred schmidt had come under fire for his handling of the migrant crisis. refugees could have a significant bearing on sunday's election in greece. many voters on the greek island said the decision would be

htc. the disappointing figures, amid rising pressures.hoped its refreshed handset would give sales a left. shares have slumped more than 50% -- more than 57% this year. boeing said net orders for the jumbo has fallen to zero. already preparing to cut production to one playing a month as china's slowdown hit the air cargo market. cargo has taken delivery of eight 747 since 2012 and has two more on order. it remains an important customer. south korea may be set to overtake singapore as asia's top gaining hop after macau revenue from gambling is artie half of that. the rise in chinese visitors may help it take the number two spot. -- a very different market from that of macau and singapore. report onout a new the market. looking forward. it is different in structure. there are three participants. one, joined large by paradise and grand korea leisure. you can see the relative size of those on a quarterly revenue basis here in this chart. it is the one that has a local only casino. the other two are foreign only with several small casinos. tha

is constrained by marketing in a global lodgistics capacities, so, the ups and downs of brands like htc reflects the pain staking process of the taiwanese model of manufacture and the expanse of a case like home high or foxcom empire provide another model of breakthrough. but still have a lot of problems, so, on the discussion of the fox com model. so under the rise of china's domestic manufacturer, also threatens the position of taiwane srse vendor, for instan apple's ichb supply chain. the potential rise of the mainland's rise to replace taiwanese firms position is a reflection of the strong support of indigenous firms from the chinese government. so, in addition, the chinese government is promoting the merger and acquisition of state owned semiconductor firms. so, increasingly, the chinese government has encouraged firms to buy rather than rent or steal breakthrough invasion cape bableties through both technology and talent forces. the chinese companies are more than willing to take shortcuts by approaching top talents from the taiwanese competitors to experience the enhancement of t

htc just got pulled out of the index because they are under so much pressure. tom: ok. 130 to 105.ew iphones today. by the time we are done today, it will be for iphones. buy, hold, sell? shannon: buy in for the end of the year and then we have to wait and see what comes. you have got basically 50 million to 20 million new lp's being added every month in china. opportunity there. at some point it is going to be tough on a year-over-year basis. shannon cross on the t-mobile phone line, switching your business to the un-carrier today. we have seen this today -- before. i'm so worried about apple. michael: we will see that after the announcement. if the and lists are right, you can make a lot of money because is 85.ce target you're looking at a $32 price increase. yield, 2.22%,ar west texas a little bit red. 49 49. brent crude, 4908 as well. yen, showing a massive churn there. dollar canada, 14248. time for your morning must read. my pick is coming from "the new york times." tom friedman writing about , and, borders, dorms refugees. he says he does not just think about high walls on b