, that —— oculus.as their input that may be oculus headset and early success that may be oculus headset and early success and presumably why facebook wa nted success and presumably why facebook wanted to buy it. facebook did by the copy for $2 billion in 2014 and shortly after that zenimax filed this lawsuit. mark zuckerberg said that was typical when a big deal was made for companies to come out of the woodwork and eventually claim some kind of credit, that he insists that all of the innovation in that headset was done by the 0culus team and that team alone. this trial will last for around three weeks. the defacto boss of samsung jay y lee has arrived at a south korean court. ajudge will decide today whether he should be arrested over his alleged role in a major corruption scandal. kevin kim joins us from seoul in south korea. tell us more about today. well, the head of samsung was seen rising at court with quite a grim face. after a four—hour work here in battle it has just a four—hour work here in b

and how the deal to buy oculus went down.he amount was not the $2 billion that was reported, and how quickly the deal happened and how little time there was for due diligence. >> what about the fine print that says if you develop technology while you're with a company, it belongs to that company even if it was not assigned to you under that work. >> it comes down to where the technology was developed. a man previously worked for the company that is suing facebook and oculus. so the question is what technology may he have taken with him, zuckerberg was asked repeatedly if he knew that palmer lucky, one of the cofounders, signed an nda. that he worked with him before he came over, so there are all of these different characters, who knew what and when. was data wiped or erased from computers when he came over, and then there is always a question of what did zuckerberg know when he was buying the company. there was a very interesting exchange a couple minutes ago when they reveal that while he was making the deal, he wanted to st

according to the news, the ceo will take the stand in an ongoing lawsuit filed against oculus. they claim the social media giant bought oculus knowing they allegedly used stolen technology. they are asking for $2 billion in damages. facebook is denying the allegations. >>> it is now just after 2:00 a.m. in washington, d.c. this is a live look at the nation's capitol. beautiful this evening. a global audience will be tuning in for friday's inauguration of donald trump. many bay area residents are taking a stand for and against the president-elect. nbc bay area ian cole is joining us, and there's a lot of people going to d.c. changing plans at the last minute. what's the latest? >> yes. they are expecting hundreds of thousands of spectators and protesters, and d.c. is bringing 3,000 extra police officers in, the national guard will be there to ensure the event goes smoothly. this week, viewing stands going up alongside barricades in washington, d.c. and police put up chain link fencing in anticipation of protests. homeland security says they are ready for anything. >> our job is

zenimax alleges that oculus poached one of its star designers.t also said facebook completed its acquisition of oculus with -- in 2014 with "full awareness" that its tech was misappropriated. if zenimax wins, it could rewrite the story of how facebook has emerged at the forefront of virtual-reality. still to come, we had to the economic forum in davos, switzerland, qualcomm's chairman talks about the trump administration. this is bloomberg. ♪ caroline: now to a bloomberg scoop. u.s. regulators have filed a lawsuit against qualcomm for allegedly using unfair practices to license its technology. digging into the details, the federal trade commission says qualcomm forced apple to use its baseband processors in return for lowering the patent rate of the royalties it charges. in 2014, it was disclosed that its licensing methods were under investigation by the ftc and the major fine was responsible. qualcomm responded setting -- saying it never threatened to withhold or withheld chips. shares tumbled on the news. now bloomberg technology's ian king bro

in march it will be released for vive on steam as well as oculus. wow, this is incredible.h, seeing things really, really far away. it took a while to get grips with what i was meant to be doing, but just the fact that i was moving around within space was quite incredible. whilst it wasn't possible to create a sense of weightlessness, the pictures were amazing, but obviously, i can't vouch for how true to life they are. hello and welcome to newswatch with me, samira ahmed. it's been a long week in us politics but did bbc news go overboard in how it covered donald trump's inauguration and first few days as president? and was it in the uk public interest to focus in news bulletins on the failure of a trident missile test last year? it's been a busy and controversial first week in office for donald trump and we've heard plenty about it on bbc news. it all started of course last friday in washington, dc. i. dc. i, donald john trump do solemnly swear. . . i, donald john trump do solemnly swear... that i will faithfully execute... swear... that i will faithfully execute. . . that

a company alleges that oculus poached one of its star designers.t also said facebook completed its acquisition of oculus with full awareness that it's tech was misappropriated. if the company wins, it could rewrite the story of how facebook has emerged at the forefront of virtual-reality. still too calm, davos, switzerland, qualcomm chairman talks about the trumpet ministration. this is bloomberg. ♪ caroline: now to a bloomberg scoop. u.s. regulators have filed a lawsuit against qualcomm for allegedly using unfair practices to license its technology. the ftc said qualcomm force apple to use its processors in return for lowering royalties it charges. in 2014, it was disclosed that its licensing methods were under investigation and the major fine was responsible. qualcomm said it never threatened to withhold or chips.d shares tumbled on the news. ian king broke the story and joined us with cory johnson. the bombshell today. we have had general accusations against obscure legalistic accusations, but this is specifically saying no, qualcomm, you used y

he said all the innovation in that headset was done by the oculus team, and the 0culus team alone.ee weeks. let's show you markets before we go. this is how asian markets have started trading this morning, taking the cue from wall street and opening lower. that's it for this edition of asia business report. thank you for watching. i'm kasia madera. the top stories this hour: speaking at the world economic forum in davos, the chinese president, xijinping, says globalisation should not be blamed for all the world's problems. president obama has commuted most of the remaining prison sentence of chelsea manning, who was behind one of america's biggest—ever leaks of classified information. business leaders are still divided on the implications of brexit, but most of them today seemed to welcome some new clarity from the prime minister on the government's goals. theresa may promised that changes to immigration, customs and regulation would be phased in, to avoid disruption. some of britain's most prominent business leaders are at world economic forum in davos, in switzerland. our busines

facebook bought oculus for $2 million in 2014.he social media giant says the lawsuit is without merit. >>> we are expecting to learn more about the future of a longtime san francisco bar and restaurant. the owner is in a dispute with a landlord over the rights to the restaurant he says he plans to close the business and reopen it at a different location but the property owner says he owns the restaurant and the memorabilia inside. meanwhile, crogan's is closing after 39 years , they announced they will be closing monday, january 23, they cite an ongoing battle with the city of walnut creek. the bar was ordered to stop serving alcohol at midnight. this comes after hundreds of calls over the past four years for fights and public drunkenness, a fellow party will be january 22. >>> still ahead, a deputy facing attempted murder charges , what the deputy did to force partygoers to detain him until police arrived. >>> nearly 6 weeks after the deadly ghost ship house fire the last person to make it out alive remains hospitalized. we will

the claim is that okay youlous is -- oculus is built on a software developed by another company. facebook said that lawsuit is without merit. facebook is taking action to stop the spread of fake news in germany, just months before germany holds it national election. facebook said it will focus on the worst of the worst offenders, and will team up with outside fact checkers and organizations to sort out what is true and what is made of. facebook said the group "corrective" will be it first outside fact checker in germany. >>> six weeks after the deadly wear his fire in oakland, a survivor still in the hospital in a coma. we'll hear from his family. >>> plus a man at a b.a.r.t. station had a matchet yes. what we know about the -- machete. what we know about the investigation is coming up. >>> we get a break here, but some areas of fog. not as foggy as sunday, but still waiting for midweek when it looks like rain comes back. but this morning mostly sunny. just watch out for that morning fog. >>> lot of people are probably sleeping. we're growing to have light traffic. we don't have

usual, to defend his company against claims that it stole virtual reality company when it purchased oculus. facebook says the claim without merit. >> facebook's instagram is turning up the heat on snap chat going after the revenue sxiflt comes as snap chat, the popular app with teens and millennials prepares to go public in what is expected to be one of the biggest public offering this is year. >> as snap chat prepares to go public, expect to it file for an ipo in march. a valuation of around $25 billion. the much larger rival facebook's instagram is launching ads in threes. a format that looks just like snap chat stories. announcing that instagram has 150 million daily users. after launching just five months ago. >> it puts tremendous pressure on snap to show number one, fast user growth. and number two, that's revenue growth. so they're direct competitors. slightly different cases. i think snap is more did video cent ric, more so than the instagram. >> and instagram which already tested the new ad format with thrive advertisers, has an advantage being part of the behemoth partner faceboo

the owner of the oculus skin care center in atlanta says some sales reps miss the mark. >> it's all aboutationship and end product, which obviously is the consumer. that's what's important to us. >> esthetician stacy clark doesn't meet every sales rep who works through her door but denise made an impression. >> some sales rep are better than others. they know when to help push you. they know what products work in your office and look at your needs. >> denise is exactly the kind of person the doctor needed when he started the boise, idaho, skin care company. >> there is no substitute for having someone representing your company walking into an office, introducing that potential account to your concept. >> she gets the importance of face-to-face meetings and making personal connections with clients like chip and stacy. >> you never know what anybody is going to ask. you have to know the answer or be able to say, i'm not sure about that, but i can get the answer for you. >> dr. carl's sales team was born out of necessity. >> as i observed the pharmaceutical industry, it struck me that a busi

in march it will be released for vive on steam as well as oculus. wow, this is incredible.me artistic license was of course needed like making tasks shorter so they wouldn't get boring, but aside from creating the pictures and story telling a project as bold as this needs, there were the usual challenges faced by those producing vr content. in 360 video and virtual reality, locomotion is one of the biggest problems. if you move someone without them having made a conscious decision to be moved, it can be very disorientating. to get around those problems in this particular environment of zero gravity on the outside of the space station, we built a system where you move yourself by grabbing handles, so every single movement of yourself in the environment is always user initiated and as granular, slow or as fast as you are comfortable with. oh, goodness! i feel most disorientated! wow, the depth of it i think was the thing that was most surprising. you really got a sense of being up high, seeing things really, really far away. it took awhile to get grips with what i was meant t

he'll lead the team which includes the oculus unit which mark zuckerburg's company bought for $2bn somed at google and chinese phone maker xiaomi. hejust left, i think, hejust left, ithink, didn't hejust left, i think, didn't he? that was the news story. that is for a quick. —— very quick. shares of mattel — the largest us toymaker — slumped around 9% after its sales over the holiday period fell well short of analysts‘ estimates. mattel — whose brands include barbie dolls and fisher price toys — lost the contract to make disney princess figures to rival hasbro. meanwhile, the wider toy industry grew by some 5% in 2016, led by hasbro's star wars toys franchise. it's all about linking it up, isn't it, the tory with the movie franchise. big bucks. —— that we eat. asian markets are keeping the momentum going after yesterday's record breaking session on the dowjones — hitting 20,000 for the first time in history. closing above it for the first time in history. history wise, in years... 131 years! leisha chi is in singapore. at the moment, the asian markets are just riding that optimistic wav

that mark zuckerberg appeared in court to deny accusations that the software behind facebook owned oculus'sllowed in owner facebook‘s footsteps, adding a live video streaming function for uk users, although each one will self—destruct as soon as it finishes. a disappearing photo option has appeared too. mobile network ee has been fined £2.7 million for overcharging tens of thousands of customers. and squirrels have been blamed for being a bigger threat to the power grid than the risks posed by international cybercriminals. samsung, listen up — researchers at stanford university have developed a lithium—ion battery that claims to release a fire extinguishing material if overheating occurs. if you're wondering where the robots are in this week's news, well, they seem to have gone walkabout. this telepresence mind—controlled bot has been developed to help those with severe motor disabilities. claiming to be the first of its kind available to consumers, it connects through an off—the—shelf brain control device, resulting in users feeling as though they are in two places at once. and finally, if

the facebook founder and ceo will testify in dallas in a lawsuit that claims the ocul oculus vr startupas based on stolen technology. he is being sued for $2 billion. they have accused them of knowingly stealing software and trade secrets through the hiring of several of its former employees. >>> city college of san francisco plans to roll out cannabis curriculum now that recreational marijuana is legal in california. school officials are working with oakland's marijuana trade school and a labor union representing industry workers to help develop the program. the school plans to teach it next year. its estimated marijuana sales in the state could exceed $7 billion by 2020. >>> a bay area company that sells roses online is sending flowers to the inauguration. abc 7 news was in concord where the ceo of roseshire launched his new box set for the occasion that includes ten dozen roses. that's 120 roses per box. the company will send one to the outgoing first lady michelle obama and one to the incoming first lady, melania trump. the roses are all white, as you see. each one includes a messag

vr like oculus.amers tend to be tech saturday, comfortable beta testing am evangelizing it to the entire gaming community. there will probably be more gamers in the committee. ingrid: pokemon go is a huge success. you want to build something as successful is that? a pokemon go? is that in your site and could you do it? min-liang: traditionally, we want to continue doing what we are good at, dosing on gamers building great software and services for gamers and that is what we will continue to do. when we first started, gaming was not a buzzword. people were like no, that is not something we were interested in. gaming is getting a lot of time because of pc gaming, it is bigger than movies, bigger than music. there is a huge amount of interest in gaming now. an opportune position to take advantage. coming into gaming today, the masses will probably leave when something is bigger and newer and shinier to look at it we know what we are good at. we will always be doing that whether or not the industry's big

facebook bought the company, oculus be our, for $2 billion. that's the same amount cinemax is demanding from facebook. facebook says the lawsuit is without merit. >>> weather, nice to see the sunshine across the bay area after a very active weather week in the bay area. look at january 2017. as you can see we start out the month with the dry conditions. i will step out of the way and show you the rainy days we've had so far this month. it is been so active and we are already tracking another storm series that will approach the region beginning wednesday, thursday, possibly friday. it looks like things will be are up again for a wet weather pattern as we approach next week. as far as the overall winner of pattern, here it is. it still developing out here in the pacific. a dry weather pattern setting up for sunday, monday, and tuesday. good news with that, because we have more development setting up in the pacific. as far as the changes for tomorrow for san francisco, we will have clouds out there for the morning hours with skies becoming partly

he was in dallas or the testimony in the oculus trial and he went to a rodeo, he toured a data centere is trying to connect with people. whether that means he is running for office, i think people forget that the u.s. population is 320 million. the population of facebook is 1.8 billion. him to shakent for his image as the leader of that as well. this is not just a ploy for something larger, but he is trying to shape his legacy here and absolutely we can see him have much more involved in the government. get your i want to view on the lines between washington and silicon valley. we connection there because have seen the top five tech companies pay more in lobbying than the banks have in the past years. think we just invested in newsletter companies with the three main people came out of "politico." and one of the purposes of that is to have a newsletter system that connects people out in silicon valley with what is going on in washington and hopefully be a interface in explaining what that is all about and vice versa. totalhas been a lack of understanding between two communities. again

it requires a 2018 stretch number that wouldn't include oculus as having a patent challenge. will say this, when you come out of cse and you have the level of excitement about virtual reality, artificial intelligence, and you think, who is playing in there? you always have facebook. facebook is playing in a lot of places. amazon is playing in a lot of places. al alphabet, david, alphabet is getting serious about shedding divisions that crushed their numbers. >> whether it is robotics or now satellites. >> satellites. >> making some decisions there to slim things down. the influence, one could argue, of the cfo, who has been there now a while. >> david, it is no longer an animal house. >> drunk, fat and stupid is no way to go through life. remember that. >> they're not on the sofa anymore. >> knowledge is good. >> knowledge is power. >> yes. >> anyway, i think the stocks are not expensive, with the exception of amazon, which is incredibly expensivexpensive. at the same time, when we see a report today, numbers that are horrendous, one retailer after another, we have to keep co

the facebook ceo mark zuckerberg in court to defend them against allegations that oculus stole the technologynternational -- intellectual property. they completed their acquisition with "full awareness" that their tech was misappropriated, it alleges. this could be at the forefront of the virtual reality boom. coming up, a right-wing scandal shaking up the power structure in samsung with a massive investigation. next. and a quick programming note. "with all due respect" will be taking a look at the key issues facing the incoming trump administration at 9:00 p.m. eastern, 6 p.m. western. and we have more beginning at 10:00 a.m. eastern and 3 p.m. in london. this is bloomberg. ♪ a value of $1 billion after the latest funding round, money invested in a series d zoom.g round for samsung is facing some serious challenges within its ranks. a month-long investigation into the board member and heir apparent jay y. lee, who may be arrested to two allegations of bribery. peter joins us live from tokyo. fascinating. of jay y.he arrest mean for would it samsung and its leadership? peter: the special pros

we don't know how sony and oculus and others did.lot of people will be trying to jump on a bandwagon. >> it's going to be big. first year automation and voices in your house are sort of household words, right? >> car tattoo for sure. >> so let's get over to the half mark fields back at hq. ♪ >> and, carl, thank you. welcome to the california halftime report." i'm scott wapner. we begin with breaking news. major announcement from ford motor company which says it will no longer build an assembly plant in mexico. the stunning news coming on the very same day that president-elect donald trump called out general motors for its own mexico business. our phil lebeau is live with mark fields with a new at noon interview. >> scott, let's bring in mark fields right now. ceo of ford motor company. mark, we're going to talk abo

. >> mark zuckerberg on the witness stand on tuesday of oculus.hey claim facebook knows there are stolen secrets. facebook denies that. zucker berk said it was his first time ever serving as a wednesday. the case was settled before zuckerberg had to testify. the $700 juicero is now $400. this uses cartridges. you have to buy a special plastic bag for $7 or $9. it is supposed to be the keurig of juices. i can't imagine a world in which people want to buy a $700 juicer. >> the name is amazing. did you see who found it? bankrupt restaurant who were selling unaffordable drinks. >> that's irony. >> if you have plans to go camping in livermore, you may have to put it all on hold. park rangers are canceling campground reserving as. >>> we're tracking waves of heavy rain. this is just the first round. we are seeing this get more intense and widespread this afternoon and this evening. this is our weather camera. i can barely tell there. but it is rainly in rich mapped, san rafael bridge. we are looking at localized flooding. today the winds start to kick o

. >> reporter: that's when mark zuckerberg paid $2 billion to buy oculus. a headset created by this 17-year-old. these days, silicon valley seems to believe that soon we'll all live our lives wearing vr goggles. never mind they could cost as much as $800 and must be wired to a high of end pc. but just because a new technology gets a lot of hype doesn't mean it's ready for primetime. >> first of all, it's a giant thing on your road. >> reporter: dimitri williams studies how people interact with technology. >> a lot of people had problems with sickness. that will drop down. right now i have trouble sometimes and a lot of people do. >> reporter: so they're big and heavy, very expensive and sometimes make you sick. great. but williams says there's an even bigger problem with vr. it's incredibly isolating. it shuts you off from the world. >> i don't think people are going to be wearing vr goggles much of their days because they can't look at other people. >> reporter: that's where augmented reality comes in. that's where you can still see the real world, but the

facebook paid $3 billion for oculus in addition to the $2 billion price tag widely reported facebook additional $700 million to retain employees and another $300 million for hitting key milestones. >> glad he didn't wear a hoodie to court, julia. good move. >> was wearing a suit. >> kicking off a year-long road trip around the country, zuckerberg wants to meet people from all walks of life. some believe it's all part of his plan to run for president of the united states. more from vanity fair's nick bolton. i was relieved when i saw your article. remember when he said he was going to go to every single state, all 50, in the wake of the election. part of that you could say, okay, he didn't get the election he wants. when he announced that i thought wow, that sure sounds like a listening tour, doesn't it? that wreaks of someone who wants to run for president. >> he has been to 20. he has 30 left. my big question for him is how many of those states are swing states? i would imagine quite a few are probably in the rust belt. and it's just really fascinating, you know. mark is a very, ver

a game maker is seeking $2 billion in damages, the amount of facebook paid for oculus, claiming theyade secrets. zuckerberg said, quote, i'm aware of the claims and here because i think they are false and it is important to testify to that. >>> when we come back, a deal creating the world's largest publicly traded tobacco business. british american buying the rest of reynolds american. we'll be joined by susan cameron. >>> dow is down 23 off the lows. back in a minute. >>> good monday morning, everyone. i'm sue herera. >>> tereheresa may charting tow a clean great with the european union after four decades of integration with the continent. >> dlclock back to the days whe europe was less secure and less able to trade freely. it was a vote to restore, as we see it, parliamentary democracy, determination and become even more global and internationalist in action and in spirit. >>> turkish authorities captured the gunman who killed 39 people at a nightclub on new year's day. he's identified as a uzbekistan national. he was caught on the european side of is t istanbul. >>> freezing rain,

facebook ceo mark zuckerberg in court to defend facebook against claims that oculus stole the rift technologyh key intellectual property. zenimax said facebook completed their acquisition with "full awareness" that their tech was misappropriated, it alleges. if they win, this would re-white -- rewrite facebook being at the forefront of the virtual reality boom. coming up, a right-wing scandal shaking up the power structure in samsung with a massive investigation. next. and a quick programming note. "with all due respect" will be airing special episodes all this week. they will be taking a look at the key issues facing the incoming administration. that is 9:00 p.m. eastern, 6 :00 pacific. this is all leading up to donald trump's inoculation. this is bloomberg. ♪ caroline: startup zoom valued at $1 billion after the latest funding round. samsung is facing some serious challenges within its ranks, a month-long investigation into board member and heir apparent j wiley is coming to a head. he may be arrested due to allegations of bribery. peter elstrom joins us live from tokyo. fascinating. and wi

one interesting revelation, facebook actually paid $3 billion to oculus.n addition to the 2 billion price tag, facebook paid an additional $700 million to retain employees, another $300 million in earnout payments for hitting key milestones. bill and kelly, certainly some big numbers being discussed here. >> this is what happens when they have to testify in sworn testimony. i have an idea. from now on when we interview -- when you have the ceos on, put the hand on the bible first, then we're sure to get the real story. >> it was so fascinating. >> it's been interesting enough just the fact that he's even there to testify, right? >> reporter: well, he made the point that he's there because he has heard these accusations and they are not true. he's there to talk about them. it sounds like we have a producer inside the courtroom right now. it sounds like the jury is fascinated to hear what zuckerberg has to say, as is the judge. the judge made a joke. he's so interested in pong, in the old video game pong. zuckerberg has been talking about what the potential

they are accused oculus of knowingly stealing its software and trade secrets through the hiring of severalf its former employees. >>> more than a dozen bay area mairz are in washington, d.c., this week but it's not for the inauguration. they're attending the u.s. conference of mayors which formally kicks off today. the mayors include ed lee of san francisco, a dozen others as well, including the mayors of alameda, cupertino, danville, fremont, san leandro and richmond. altogether, 300 u.s. mayors will be in the nation's capital this week to meet with white house officials, congress, and business leaders. >>> let's see what the weather has in store for you today. check in now with mike nicco. >>> good morning. i want to show you the bigger picture, show you the clouds that are increasing. ahead of this system but any rain is going to be up north of us in fact there's going to be a significant ice storm if you're trying to head into oregon and then its turns into snow. let's take a look at what's going on at sfo and what we're seeing is hazy conditions there and starting tomorrow all the way

we don't know how sony and oculus and others did. i expect a lot of people will be trying to jump on a bandwagon. >> it's going to be big. first year automation and voices in your house are sort of household words, right? >> car tattoo for sure. >> so let's get over to the half mark fields back at hq. ♪ >> and, carl, thank you. welcome to the california halftime report." i'm scott wapner. we begin with breaking news. major announcement from ford motor company which says it will no longer build an assembly plant in mexico. the stunning news coming on the very same day that president-elect donald trump called out general motors for its own mexico business. our phil lebeau is live with mark fields with a new at noon interview. >> scott, let's bring in mark fields right now. ceo of ford motor company. mark, we're going to talk about the reasons behind this decision in a little bit but tell me first about the conversation you had this morning with president-elect donald trump when you informed him that you would no longer be building that

in march it will be released for vive on steam as well as oculus. oh, goodness!e to get grips with what i was meant to be doing, but just the fact that i was moving around within space was quite incredible. whilst it wasn't possible to create a sense of weightlessness, the pictures were amazing, but obviously, i can't vouch for how true to life they are. hello. this is breakfast with ben thompson and sally nugent. campaigners win a legal challenge against donald trump's new immigration restrictions. but there's chaos and confusion as america closes its borders to some muslim countries. good morning. it's sunday 29th january. also ahead: a statue of diana princess of wales is to be built in kensington palace by her sons prince harry and the duke of cambridge. a warning that living standards could be set to fall because of higher inflation and stagnating wages. in sport: carl frampton has been beaten for the first time in his career, losing his featherweight title to leo santa cruz in las vegas. and chris has the weather.

electoralat the oculus plays in the u.s. and u.k.tself in the origins of the great financial crisis. the rise of any quality and there is a rising share of the skills andhas low low wages that have not received and not been treated equitably of the last decade. repealing -- appealing to a centrist, where is he going to get the numbers? manus: is explaining the indigenous politicians rather than europe? what is blamed the local politician because you are unhappy with the traditional norms but has that translated into play in your local politician quid pro quo europe is responsible for my woes? that is the british tendency? lena: this is the pens prep for as well. donald trump seems to be about -- we have a strong parallel across the ocean. donald trump blaming the rest of the world for the troubles of the u.s. low-wage workers. anna: meanwhile german inflation numbers, how strong would be for germany in a january? certainlye 1920's, the noises from berlin have been getting louder. should fight be listening to berlin -- lena: we like h

in march it will be released for vive on steam as well as oculus. oh, goodness! seeing things really, really far away. it took a while to get grips with what i was meant to be doing, but just the fact that i was moving around within space was quite incredible. whilst it wasn't possible to create a sense of weightlessness, the pictures were amazing, but obviously, i can't vouch for how true to life they are. hello. this is breakfast, with charlie stayt and steph mcgovern. the veteran actor sirjohn hurt has died aged 77. he appeared in 200 films and television productions and was twice nominated for an oscar. good morning, it's saturday, 28th january. also ahead: hand in hand in the white house. donald trump and theresa may pledge their commitment to the special relationship. i am a people person. i think you are also, theresa, and i can often tell how i get along with somebody very early and i believe we'll have a fantastic relationship.

denying claims virtual reality headset maker acquired by facebook in 2014 stole the technology for the oculustness stand today by setting max media. they alluded to international property. the $2 billion cases in the second week. rolls-royce has a green light from the u.k. judge for a settlement proposal with british prosecutors. an unsealedith parol agreement with the parent company in the u.s. they were to pay to resolve bribery cases in the u.s., u.k., and brazil. they've followed this dating back as far as 1989, and in the u.s. 2000. that is the bloomberg business flash. scarlet: what you need to know for the trading day. ♪ ♪ -- u.s. u.s. that stocks finishing the day lower. that follows record highs, but we did not get any upside in equities. joe: and the nasdaq was the big loser. scarlet: financials dragging things down. in terms of overnight and what we are looking in tomorrow, we have a lot of interviews starting with stuart gulliver. that is at 6:00 eastern. we will follow that up with jamie dimon and more. joe: i will be looking at u.s. cpi and industrial production tomorrow. i imag

. >> that's when facebook's mark zuckerberg paid 2d billion to buy oculus a headset created by 17-year-oldalmer luckey in his parents' garage. these days, silicon valley seems to believe that soon we'll all live our lives wearing vr goggles. never mind that they can cost as much as $800 and must be wired to a high end pc. but just because a new technology gets a lot of hype doesn't mean it's actually ready for prime time. >> first of all, there's a giant thing on your head which is just obnoxious. >> uscannenberg communications professor studies how people interact. >> pretty significant problems with motion sickness and nausea. that will drop down and go away over time. but right now we're in a bump where i have troublesome times. a lot of people do. >> so, they're big and heavy. very expensive. sometimes make you sick. great. but williams says there's an even bigger problem with vr. it's incredibly isolating. it shuts you off from the world. >> i don't think people are going to be wearing vr goggles much of their days because then they can't look at other people. it is just that simple.

facebook ceo mark zuckerberg taking the witness stand yesterday to defend oculus. allegations by a rival firm that the technology used for oculus was stolen. there were heated exchanges during the trial, especially when the lawyer told zuckerberg that improving a technology doesn't make it yours. maybe there will be a sequel to "the social network." those scenes in the depositions. >> i would have sent jesse eisenberg yesterday. who i thought was a better mark zuckerberg than mark zuckerberg. >> have you told mark zuckerberg that? he's a millennial, right? >> he's a millennial. 31. speculation he may want to run for president. >> i saw that. >> he has to get to 35 first. this car is traveling over 200 miles per hour. to win, every millisecond matters. both on the track and thousands of miles away. with the help of at&t, red bull racing can share critical information about every inch of the car from virtually anywhere. brakes are getting warm. confirmed, daniel you need to cool your brakes. understood, brake bias back 2 clicks. giving them the agility to have speed

he was called to the witness stand buys any max media that poached oculus media one of its star designersal property. cases in its second week. president-elect donald trump has been good for business for the new york times. according to the ceo who says the newspaper's online business delivered off the chart performance in the fourth quarter of 2016. no word on the actual number of new digital subscribers. seeingpany says it is numbers in the quarter we've never seen before. that is your bloomberg business flash update. at davos, it goes without saying that the trump presidency is a major topic of discussion. >> he is doing all the right things or talking about doing all the right things, things that should probably have been done in the past. i think the banks have had a good run. thank -- the u.s. bank ceos are ecstatic. he's done for them what they've been trying to do for the last five or six years. finds most ofrump the wounds from the financial crisis healed, finds more dynamic labor market and it unemployment rate almost at equilibrium. there's very little they need to additionally

growth in india has improved an airline or responding by increasing capacity which is making india it oculuse. you can do that trip in about a week or so. if you have part-time or your second or third trip, got a job her. it's known as the blue city. it's an entire city painted in blue. the magnificent site. dagen: what about the united states? i only saw people see the united states. we had the most beautiful landscape and the loveliest people in the world. where to go. >> seattle, we love seattle and as popularity increases, so does the olympic peninsula. add a chance to go here 2016 and i was blown away by its beauty. it's home to some of the other rain forest in the continental united states. it looks like something you might find an ally rather than the pacific northwest. dramatic beaches with gift. an end to them. one of the most beautiful as sunspot that i really easy hour drive from seattle. dagen: when is the best time of year to go because again the weather can be -- >> it could be a little iffy. go into april and add to the excitement of lots of fog. summer is the time to hit nati

allow everythingreplicate teachers are doing or in some cases, nor does bank is doing, but ellie oculus to work into the constraints that he has. he pays for basis points to run money internally and 152 handed out to an external private equity manager. ceci divisor of bringing it in-house is obvious. it is just he can do it in every way that he might like. vonnie: thank you for that exclusive. david: coming up, the u.s. senate took the first step towards repealing the affordable care act in a razor thin vote. from be speaker of the house, paul ryan. this is bloomberg. -- from the speaker of the house, paul ryan. this is bloomberg. bloomberg'sfrom european headquarters, this is boomer markets. vonnie: donald trump tweeting thehs ago congrats to senate for taking the first steps to repeal obama care. addressed it ryan in a news conference. >> this we, congress is in track to put together the tools to repeal obama care. we will do this through the congressional committee system. vonnie: repealing and replacing obamacare was a major topic yesterday. what is the update? what actually happene