anna: markus karlsson with the as is flash.lectronics closed at a record high after pulsing or called for the company to be split into. two -- split in two. -- for more, let's speak to our bureau chief, peter paid joins us now. what is singer aiming for with the changes he is proposing? this is a conflict business. peter: it is a major conglomerate with cross holdings. singer is looking to increase transparency and increase shareholder value. they have had a career discounting because of the inability to figure out who owns what. he will make that more clear for investors. anna: it is a big business. incident inlatest the united states, how significant is that proving to be for samsung. be prettycould significant. we're not sure if the note 7 smartphone -- on a southwest flight was indeed the 7.lacement for the new note samsung have to call 21 5 million of them because of a better issue that would cause it to overheat, smoke and sometimes catch fire. this one was a replacement for that. if it was indeed that, and it is confirme

i am markus karlsson. nara -- nejra.ejra: it has been a brutal week for sterling as it hit a 31 year low, cap by a more than 61% move . .e is a chart for the week the pound at its lowest since 1985. to make sense of this move is christopher langner. he judges from singapore. christopher talk to us about whether it was computers the cause of this flash crash. that seems to be at the assumption which is why we saw that quick recovery and sterling. christopher: anything points to computers because of the speed at which it happened. computers have increased the speed of trading and the speed of precious. if you look at the way the computers work, they will have a system that says you should sell when there is a move of 1% down. they will do it at the same time. that is when you have a flash crash. it is unlikely that a fat finger alone would've moved a pound by 6%. that is a cap -- that is a currency that moves in the hundreds. it was computers that pushed the flash crash. nejra: what can be done about this? christopher: i t