emily: bloomberg's matt boyle. joining so much for us.rry is endorsing its turnaround plan and what are john chen a new worth? -- the pay package includes 10 grants. tock barack bury has exitted the took usiness since chen over in 2014 and he transformed ackberry into a smaller, leaner, security-focused software company. up, we speak with someone with a company that promises to air sheets. he secret to the company's success next. bloomberg. ♪ ♪ emily: the biggest radio broadcaster in the united states bankruptcy protection with a last-minute credit media deal. has an agreement to cut its $20 million debt load by half. an they own 800 radio stations. -- newer media have cut fills.e company's ad the start-up airtable has become a sleeper hit with companies as tezz la -- tesla, we work bnb.ir it's set to take on google ask apple. announced new funding a week a be -- ago and within a eek, that doubled. i want to bring in howie lue, c.e.o. thank you so much for joining us. >> thank you. groundbreak s so about your technology? what really sets

emily: bloomberg's matt boyle. thank you so much for joining us.ontinue to follow that lawsuit. blackberry is endorsing its -- its ceo'sund turnaround plan. blackberry has exited the phone business since chen took over in he transformed blackberry into a 2013. smaller, leaner, security-focused software company. coming up, we speak to the ceo of a software startup with a in the siliconns valley that promise to end spreadsheets. this is bloomberg. ♪ emily: the biggest radio broadcaster in the united states has filed for bankruptcy protection with a last-minute creditor deal. rt has issued chapter 11 and has an agreement to cut its $20 million debt load by more than half. they own 800 radio stations. newer media have cut into the company's ad sales. the start-up airtable has become a sleeper hit with companies as big as tesla wework and airbnb. ,it is set to take on companies as big as google and apple. they announced new funding a week ago and within a week, that doubled. this week, airtable announced it is raising $52 million in its latest funding r

quote, matt boyle, the washington bureau chief of breitbart news joined them. later the jerusalem bureau chief joined them. on the table was a notebook open to page that contained the handwritten statement that he was expected to sign. the one disavowing this accusation from his client. he said they started discussing the possibility of issuing a statement. undermining his credibility. he told them he didn't see any way he could make a statement disparaging his client. he would lose his law license if he did. and hadn't even asked about the details of her accusations. the breitbart guys tell me that's not really the point of whether or not anybody believes you. it's just getting other information out there. the statement which eddy sexton provided the post. they wanted him to sign. said this. it's handwritten as you can see. after reviewing the allegations after taking my client there's no sufficient evidence to back them um and the case strain credulity. i decided since i would have difficulty representing a client i don't believe in. i have to recuse myself h

joining us now is bloomberg matt boyle. u first reported on this yesterday, that this lawsuit had happened. ist it really speaks to importance that walmart has put on its online operation in trying to catch up with amazon. matt: exactly, the importance and the focus of investors on this business. in their fourth quarter, their growth slowed down online. so investors are getting a little bit jittery, and this does not help the jitters, of course. the rebound today shows how people are taking a let's wait and see approach on this whole lawsuit. they are up 2% today, so investors are saying ok, let's give walmart the benefit of the doubt. this might be a disgruntled employee. scarlet: and that is walmart's position here, that he was a disgruntled employee. but the big picture is that walmart had been on a spending blitz. making acquisitions, hiring people, recruiting young, tech savvy talent and going places it does not usually go and hiring for offices in san francisco and the bay area as well. this was part of that effort, wa

we dug into it with matt boyle earlier, this had to do with the marketplace portion of walmart's websitethe third-party vendors sell their goods through the wal-mart.com site. elsewhere today, looking at monsanto and the attempt to acquire the company from bayer. u.s. officials are concerned that the merger could hurt competition, even though buyer has already planned to invest quite a number of assets. we are watching hasbro as was mattel on the liquidation, the planned liquidation of toys are us stores. we are also looking at pipeline stocks come after figure of -- of federal regulators ruled that -- can no longer receive a credit for income taxes that they do not pay, so one of the main reasons to purchase mmlp has been tax related, that diminished. snap, fun pop culture one. rihanna criticized snap which ran a controversial ad that asked users to decide whether they wanted to slap her or punch chris brown. she criticized the company, saying it made a joke of her history as victim of domestic violence. so a valid criticism. snap, which has gotten in hot water before, after being criti