caroline: speaking of aiming on the go, the mobile game you launched, super mario run, is excitementzling out? was the price point too high? when we launched super mario run, within a week's time, apple had announced we had broken all of their records in terms of downloads, and over 50 million downloads had been publicly announced. that was within the first week. later on this month, we have financial meetings where we will share more information about super mario run. what i can to you is that the engagement continues to be quite high. caroline: that was nintendo america's president. this is bloomberg. ♪ caroline: nintendo's shares have lost about two thirds of their value since the peak sales of the wii console a decade ago. now as you heard, nintendo is taking another crack at the console market with the switch. we took it for a spin. >> this is the nintendo switch. it is the company's long-awaited console. 299 dollars and the launch date is march 3. nintendo is trying to create a new way to play. they want to mix handhold controllers with the device you can play on the couch or o

nintendo super mario run came in with a run towards the end of the year and among the top 10 with 40omers away from rivals with free video streaming and unlimited data plans. chiefng earlier, the executive said he was confident about the year ahead despite uncertainty over what a trump presidency will mean for a potential tie up with sprint. by sprintle provided and t-mobile together is something that has long been considered, and i do believe under a trump administration that there will be a different level of regulatory scrutiny, restructuring of consolidation, so i think it will be a fascinating year, but a great year to be a healthy, vibrant, growing plan. was china'somi biggest smartphone maker, but has fallen to number four. we asked the chief finance officer if it is time for xiaomi to change its focus. chinese companies in china, particularly in the smartphones space, have a unique advantage. almost all the smart phones are made in china, so we are close to the market, and there is no number one that the brands are chinese companies, so weaomi is one of them, will continue to

nintendo's super mario run was also in the top 10 most downloaded apps worldwide with pokemon go takingt. that is the latest bloomberg business flash. has not been an easy year for hedge funds. the may has fun soffits worst ever annual loss last year. you lost 49.5%. lansdowne partners down almost 15% less year. theing us with more is hedge fund corresponded. thank you for joining us. that is a big drop in his fund synonymous with his name. >> absolutely. that comes from the top of 15% decline in 2015. if he had $100 invested in his fund at the start of 2015, you're left with $44 basically. mark: what went wrong? >> that comes down to this extreme there is bets. -- bearish bets. event european stocks with slumped 80% following brexit. the ftse 100 grew almost 20%. mark: record territory. >> one of his largest disclosed rosalesunds in the u.k. 90% last year. -- rose almost 90% last year. mark: he is a critic of various institutions, central banks. he is not a big fan of passive investing, is he? how my month he said missed passive investment is driving out a lot of skilled fund managers

you had an amazing stat saying 5% of those who download mario run are paying. that's not much. >> that's not much at all. the model that nintendo chose is an old school mobile game model. most mobile games nowadays are free to download but you make players pay for in-app purchas s purchases. nintendo is releasing an android version in march, that could boost sales. >> the last time i played a video game, the original mario. >> grade game. >> doesn't get better than that. >> mine was pacman. sony pacman. not that it was in the '80s. >> what are you playing now? >> a mixture of fifa and a wrestling game as well. >> fifa is definitely popular at my house. definitely. okay. >>> a group of silicon valley companies will get together today to discuss potential legal action against president trump and his travel ban. google, airbnb and net flick are among the invited guests. josh lipton has more. >> reporter: it was just last month that then president-elect trump donald trump met with tech leaders at trump tower in new york city. often at odds on the campaign trail, th

. >> anyone dough super mario run was the downloaded worldwide christmas and new year's day. gamers happy. >>> i tried it, by the way. >> on new year's? were you part of that number? >> i was part of the people trying to figure out why can't you get more control over this. more on that in a second. did you try it? >> i did. went my phone, came off my phone. but i'm a little old for super mario. let's talk about the jobs market. we just got the latest jobs number. the economy adding 156,000 jobs in the month of december. unemployment ticked up to 4.7%. that brings us 2.2 million jobs. in the year 2016, health care jobs grew the quickest. the dow got drag down by financial stocks. down 42. nasdaq hitting 5487. shares in facebook hit an all-time high wednesday. 133.50. cheryl sandberg is one of the highest paid billionaires. >> trump called himself a ratings machine. he attacked toyota for building cars in mexico. they account for a fraction of sales, maybe 2%. toyota builds millions of american-made cars in the united states. erratic behavior, sudden moves one way or the other

though came to the party on mobile games, having a hand in pokemon go, mario run as well. the brand was just reinvigorated. it became cool again. so they brought this console out on the back of that high wave, they hope that brand recognition they got last year, consumers will come and buy this console. >> why bring it out a day after christmas? >> they could have brought it out -- it's not available until march. preorders are going on. >> you can put it on your birthday list. >> exactly. >> thank you for joining us. we'll be back after this short break. check out our world markets live blog. . >>> good morning. welcome back to "street signs." i'm nancy hungerford. >> i'm louisa bojesen. your headlines this morning -- >>> euronext reversing higher. shares in fiat chrysler make gains in milan after selling off stateside as u.s. regulators accuse the carmaker of cheating on emissions. >> our software package will cure all of their concerns. it's -- they cannot be classified as defeat devices, because we're trying to defeat nor nothing. >>> fiat drives the rest of the auto se

[ laughter ] people were like super mario run is out. you got to download it.ee." and i was like, "what, what, what!" then the game was like to play level four, that will be $9.99. i was like, "what?" [ light laughter ] then, the couple from hgtv split. and i was like, "what?" and people were like, "no, not them, them." [ light laughter ] and i was like, "what?" then everyone was like c lo green died from an exploding phone. and i was like, "what!?" then he released a statement saying he was just filming something. and i was like -- ♪ forget you what what what ♪ [ laughter ] this has been "amber says what." [ cheers and applause ] ♪ ♪ >> seth: give it up for amber, everybody. we'll be right back with our friend, david remnick. [ cheers and applause ] ♪ ♪ [ "lizzo & caroline smith ] ♪ let 'em say what they gonna say ♪ ♪ they gon' feel how they gonna feel ♪ ♪ and i love it, ♪ i love it and baby hey, ♪ you should too ♪ so let 'em say what they wanna say ♪ ♪ they gonna feel how they gonna feel ♪ ♪ but i love it, yeah i love it, ♪ ♪ baby, hey get well chosen deals a

with their business, recently they have branched out into mobile gaming with pokemon go and super mario runith the wii u so the new console will hopefully satisfy a lot of things that the wii u couldn't. joy-con, tell us what that is? it is a detachable controller that you can take off or put on the nintendo switch console, and supposedly you can put it on an actual controller that you play with your tv, all you can put it on the screen your tv, all you can put it on the screen console itself and hold it around, like the old game boys, or you can take it off and have two players using two different controllers for the same game, so there are lots of possibilities of multiplay with people online and people like couch gaming and things like that, so it is really exciting for some family fun, really. how much time do you spend gaming?‘ for some family fun, really. how much time do you spend gaming? a bit too much, i think! much time do you spend gaming? a bit too much, ithink! how much time do you spend gaming? a bit too much, i think! how much is that? i probably touch a game every day, maybe

new year's celebration in philadelphia's china town festivities yesterday and will run through the 15th. >>> and mariotops by the ellen show, and then at 4:00, all a local man wanted to do was find love online but ended up getting hundreds of dollars for a service he did not need. that's today at 4:00. >>> now to an update on our top story. president trump continues to make headlines. he is defending his ban on immigration, and the president said this morning he had to put into affect without notice to keep, quote, bad dudes from getting into the country. and mr. trump announced he would name his nominee to the supreme court tomorrow at 8:00 p.m. >>> our first alert meteorologist is here to look at the afternoon. >> we are looking at a cold day, but isolated to scattered snow showers this afternoon, and may see a few flakes falling. 38 for the high and tomorrow up to 40. morning chances of light snow as well, and better chances further north. then we dry out and stay cool in the 30s for the rest of the workweek and into the weekend. >> a little warmup midweek. >> yeah, a little warmup and then back do

this week, we got reports that both mario draghi and matteo renzi were among those hacked. our next guest runsgrowing cyber security firm with customers in more than 50 countries. he says it is time to build a better internet. he is cloudflare ceo matthew prince. matthew: i think we have already seen what 2017 will bring, large cyber attacks against firms that brought down substantial amounts of the internet, then attacks against presidential campaigns, they were a big part of the story in 2016, and we don't see that decreasing in 2017, so we are busy at cloudflare. caroline: when you are seeing the attacks coming in, does it matter particularly where they are coming om? have you identified specific regions or groups? we always em to be saying china, russia, but there are many different countries. matthew: one of the things that is amazing about cyber attacks is they are incredibly democratized. we see some of the largest attacks by what turns out to be 15-year-old kids in the u.k., while at the same time nation state actors as well, so it is attribute who the attack is being launched by. we o

mario draghi's next move. -- 7:45ern kumal eastern, the latest on the decision. he runs one of the largest headphones in the world -- hedge funds in the world. he will tell us who will be driving the market. that is next. this is bloomberg. ♪ jonathan: from new york city, this is "bloomberg daybreak." we check in on the markets for you very quickly as we count down to an ecb decision. future softer, down about 10 points. if you look, down .5%. potential biggest week of losses since the election. a decent week for the pound. 12328. the pound heading for its biggest week of gain the summer, including one of the best days since 1993. it has been a tough time for some of those shorts out there. euros stronger at $1.06. the treasuries, 243 is your yield on the u.s. 10 year. david: we now go back to davos. erik schatzker is sitting down with an extremely important guest. erik: thank you so much. it is ray dalio. he is the founder of the firm and a chief investment officer. good afternoon in davos. ray: good afternoon. erik: i have are trying to figure out where to begin this c

mario gabelli. let's rap up this valeant thing. you don't own valeant? >> i have a tiny position. if we owned -- we run 40 billion in ek cutities broken down between mutual funds, and if we own $1.7 million it's a lot. 100,000 shares. we're thinking about it. >> are you? because you think there's -- upside there? the risk of the debt -- >> there's some others issues. >> ore hang. >> legacy issues that papa dealt with with regards to legislation. sorting through a lot of things. >> you're thinking about it. >> absolutely. thinking about everything, except even the jinggiants comi back next year. >> clarity if you understand the litigation costs. >> no, that's only one element. okay? no, no. come on. i can do bausch & lomb, i can take that company, let's sigh it's worth $20 billion, add $8 billion, sell a joint venture and buy them out three to five years. there's a lot to be done and still control assets. he's a financial ng near. there's a lot that can be done. >> i agree with that but i don't think you can buy it until you know what he does with bausch & lomb. can he sell it of for $20 billion? >> you

running for $300. >> $299. >> that's great because it has stheez tech features, but cheaper on some of the other consoles. and comparable to the other gaming systems. >> and exclusive right to mario and poke upon. if you want to may those type of games you have to buy this console. there are certain factors like sports shunning the wii. on launch day they are going to have zelda, which is amazing, for nintendo. >> wildly popular game. >> and coming out likely in the fall and another part with that online service is you are going to get that free through the fall. so you have a period to test it out. >> and the controls itself is cool. the fact you could have it set up as tablet and tv, a lot of great things to do, probably a worth the time storm rain totals back to the bay area next week. outside live camera beautiful looking out toward the golden gate bridge. approaching northern california. we are in the clear for now. keep an eye on the flood threat. that's all the flow into the delta system. so with that the flood threat is high and as a result all these areas shaded in green, actually flood warnings, so this includes portions of contra cost ta county. there is a flood warnin

running at three to 4%. we are not seeing any fundamental increase in underlying inflation in other countries. a point that marioi made clear at the press conference. it was an issue for countries like italy were some measures rolled over. they would like to taper in 2018. that remains up in the air at this point, particularly the brexit negotiations going badly, the ecb will be buying bonds for .n awful long time frame jon: it wasn't so long ago that bill gross called it a short lifetime. jason: around the u.s., i would --much more inclined to say it was a shorter lifetime right after brexit. a 35ave largely stopped year decline in interest rates in the united states. you are relying on monetary policy without any sort of physical regulatory reform. it's hard to get excited about real gdp growth there. alix: we make a distinction between the good bond selloff in the u.s. and the bad bond selloff in europe. how do you invest with those two parameters? goes back to you want to be buying riskier assets like equities and selling bonds. in europe, it is a bit tougher. you probably still want to be buying bonds there

run broke records and force the nintendo share price up the roof. trackback the roof. —— force the nintendo share price up the roof. —— mario runner. earlier, even though insurers are banned from specifically considering gender when setting premiums. luxury retailer fortnum & mason has reported a christmas sales surge of 16%. its online sales to 121 countries that have made the much of the difference. caviar, hand—carved smoked salmon and white truffles did the best and christmas hamper sales grew by 19%. slightly lower down the social, and financial pecking order, mitchells & butlers had what it called a particularly strong christmas trading period. it owns the harvester, toby carvery and all bar one chains, and said that like—for—like sales were up 4.7% on last year. but it did warn that higher costs this year would squeeze profits. here are the markets. the ftse is up, it is all to do with pound and dollar, it is interesting, this run we have seen on the ftse, all—time high, has been all to do with not company high, has been all to do with not com pa ny results high, has been all to do with not company results but to do with the

mario draghi will begin his news conference. alibaba has announced an agreement with the international olympic committee. they will become a worldwide olympic partner with a new pact runninghrough 2028. the wide ranging agreement makes alibaba an e-commerce services platform customer. >> could the rail industry have a shake up coming down the tracks? >> just when the red hot railroad trade was cooling down, we have hunter harrison and paul hilal spurring an after hours rally in railroad stocks. harrison is stepping down almost immediately from his ceo role at canadian pacific. he is leaving $89 million on the table to pursue other opportunities with class one railroads. ender csx, who harrison is teaming up with hilal to target. hilal initiated pershing square's proxy fight for canadian pacific. he left last year to get his own fund, mantle ridge. hilal drove down operating costs dramatically. the reason the stock is double 2012 levels. this could be a very different situation. now there would not be the same regulatory hurdles, and current ceo michael ward said he wants to retire by 2019. csx may be much more amenable to bringing harrison into its management ranks. that