it will appeal to a different audience probably than a playstation or xbox 1 will. that's one of the challenges in the living room is everybody in the family uses them. so you're going to have people who will use it for tv, like they use their xbox for tv. you'll have people use it for casual gaming could maybe like they do their phone. somebody who wants to play, if there's a little bit more deeper experienced game will play on an xbox or playstation. >> apple spent a lot of time talking about gaming on their presentation in terms of minutes. what is so attractive about the gaming demographic or -- or are they capturing? who are these people? >> i think one of the challenges for apple tv is you pay a certain amount and ask what does it do. it turn out my set-top box for three movies and gaming box for movies. what does there add? people like the experience. that's why they've been successful selling it. but gaming is a purpose. it's a thing people go to do as an event. attracts people. part of the reason xbox and playstation have been so successful and why people w

the price of playstation's cut. the war with xbox. sony sees it as a centerpiece of its profit revival plan. isking smoker, thick haze illegalng caused by burning in indonesia. it has prompted help alerts. -- health alerts. the grand prix is still set to go ahead. follow me on twitter. the #as well. way-pacific stocks on the down with crude futures moving to the outsiders, investors awaiting the fed decision. >> asian markets follow the u.s. ahead of the fed decision. we have seen positive momentum in the region this morning, although the shanghai market once again doing its own thing, down by a half of 1% despite a positive start. that is adding to what we have seen in china. yesterday, the shanghai composite down by three point 5%. hong kong has come up a little bit from earlier gains. , big pickup in pradesh shares its first-half net profit, good , up by one and a half percent. in australia, all sectors moving higher with petroleum surging. this after the bid was rejected by the oil search board. s&p eas x 200 up 1.3 percent. the t

sony is upping the game and virtual reality, introducing 10 the playstation vr.he playstation brand is q2 revival efforts as it shifts away from the tv business to games and movies and image sensors. headsethoping that the will help to expand it over microsoft. >> in some ways it rewrites the roll block about how you can create -- rule book about how you can create games and what we are seeing, and i do this positively, is a large amount of interest in development work among smaller teams because it somethinge to create in vr that is very simple and still very magical. angie: after the break, how the world's largest money manager sees the fed decision. we will be live in san francisco when "asia edge "first up" continues. ♪ tracking-- angie: stories making headlines, the japanese upper house descended into chaos as opposition lawmakers tried to stop a vote. s tried to jostle the chairperson. the billwent ahead and will go before the upper house for approval. prime minister shinzo all bay wants to change the pacifist constitution to allow the military to defend al

where you can listen to spotify on sony playstation. >> was taylor swift a nonevent? >> i this he in retrospect we would love for taylor swift to understand the value of both our free and pay platform and that her audience loves to listen to music on spotify and one day maybe she'll rejoin us. >> it's always great to have you. thanks for coming in. >> europe is about to close in two minutes. closing out their month end quarter. simon is here. >> you can see a good bounce as we've had in this country as well. good gains for stock market. for the quarter the stock 600 index, the broad index is still down about 9%. a lot of focus today on the fact that the euro zone has edged back into deflation with prices down unexpectedly 1/10 of 1% year on year. more importantly, the core rate of inflation in europe is not as strong as we thought coming through just 0.9%. that's reinvigorated the discussion about when the ecb will think it can get back to a 2% inflation target and, therefore, as those figures come down, whether they will have to expand qe. s&p is suggesting they coul

andch is on playstation xbox one. is the real target desktop and pc gaming? >> we want to focus on all content. we have the content on the plot forms and it is really about making a platform -- on the platforms and it is about making a platform. you can watch people playing building at is about product and the ech osystem to help creators get content out. those are the focuses. go ahead? emily chang: i am asking about mobile gaming, which seems to be a particular opportunity for you. >> sure. yeah. mobile gaming is huge. there is a lot on youtube and market is games incredibly fast and people are didn't advance of it. advantageare taking of it. we want to move it on plat norms and we are focused on mobile from a game perspective and making devices and software so that people can consume the content. that was the idea between -- behind the gaming, making it accessible. emily chang: thank you so much for joining us from los angeles. we will watch other people play video games just for you. thank you. thank you, bob, for joining us throughout the show. great to

jens: we have tremendous riskets coming online, and is coming online, sony playstation vr is coming.: i'm going to hold you to that. thank you for joining us. did you hear that? next year for vr. we will on the show, bring you the winner of this year's google science fair. you do not want to miss it. more on the breaking news about scott walker coming up. ♪ john: with all due respect to scott walker, that hold back down thing? not so much. scott walker of wisconsin, the union chris seder is dropping out of the presidential race. walker's campaign says the main ise -- the main colbert money. front runner in iowa, now out of the race, what happened to him?

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 from the investors, as well. what makes it i think interesting is it gives you a sense of presence toward a different world. 's developersony conference, about a year ago, it is developing into good shape. angie: when will this product be available in the market? talked tos -- i also the game division head, and he told me that the build is on course. it will come up through the markets by the first half of next year. it will compete with facebook's oculus rift. angie: grace, thank you for that. from washing machines to jet engines and financing, general electric have a hand in countless industries. and is one of the world's biggest company. when we return, we speak to the company's second in charge. stay right there. up."re watching "first ♪ angie: checking the stories around the world. croatian has become the latest hotspot in the mass exodus towards western europe, after hungary sealed off the border. thousands of asylum-

twitch is on playstation and xbox one.o you displace them on those platforms or is your real target desktop and pc gaming? >> we want to focus on all content. other platforms. it is about, how can you make a platform that increases discoverability. you can watch people playing games and it is about building a product and the ecosystem to help creators get content out. those are the focuses. go ahead? emily chang: i am asking about mobile gaming, which seems to be a particular opportunity for you. >> sure. yeah. mobile gaming is huge. there is a lot on youtube and the mobile games market is growing incredibly fast and people are taking advantage of it. we want to move it on plat norms and we it to platforms are focused on mobile from a game perspective and making devices and software so that people can consume the content. that was the idea between -- behind the gaming, making it accessible. emily chang: thank you so much for joining us from los angeles. we will watch other people play video games just for you. thank you. t

a playstation. the xbox was over there. >> reporter: while her house was rand sacked, she held her grandson tightly in an adjacent bedroom. the ten-year-old boy shared what he heard. >> they said they wanted a dodge charger. >> reporter: that's a car? they said they wanted a car? whose car is a dodge charger? >> we don't know. >> reporter: you don't a charger? >> no. >> reporter: but the victims say they don't recognize the demanding voices. now, after 19 years here, they want to move. your thoughts that somebody would barge into your apartment? >> i don't know, we live in that society right now where things are just happening everyday. it can happen anywhere. >> reporter: one of the victims said he recognized the intruder that wasn't wearing a mask as someone walking through the neighborhood earlier in the evening. fortunately, no one was injured. monique braxton, nbc 10 news. >>> new video showing people robbing a bar in the juaniata park neighborhood. this happened at a bar along east cuyahoga st

jens: we have tremendous headsets coming online, and risk is coming online, sony playstation vr is comingy: i'm going to hold you to that. thank you for joining us. did you hear that? next year for vr. tomorrow on the show, we will bring you the winner of this year's google science fair. you do not want to miss it. more on the breaking news about scott walker coming up. ♪ announcer: on today's paid presentation for cindy crawford's meaningfea

brandear, the playstation will be key to surviving efforts -- shifting focus away from gaming to image sensors. the headset, which is scheduled for release next year, will help with the extended lead over microsoft. and china's property market may be recovering despite the interest rate cuts. restrictions are helping. economists surveyed by bloomberg expect beijing to release the data today. foreign residents want to cut but improving sales have not helped attract more investors into the sector. real estate investors expanded at the slowest pace in 15 years. coming up next, the fed concern over the rate hike. it will be fine, as emerging markets flow. first up, back in two minutes. ♪ angie: welcome back. surging after the bank of japan released minutes from its august meeting. yvonne has the details. yvonne: coming to the terminal this morning, this was from the minutes of the august 6-7 meeting were they did keep policy on hold. it seemed like a lot of talk at that time about japan's inflation, as we know near zero right now. that core inflation that the boj does look at. excludes fre

they took $200, a tv, and a playstation. all the while they put two guns to this man's face and while this was going on, the man's wife and 10-year-old grandson were hiding in the bedroom. again, no one was injured. we talked with scott small about that from the police station about that situation. take a listen. >> the wife and the 10-year-old grandson were in another bedroom and they were hiding under the bed. they don't know whether or not the perpetrators knew they were in the house. but the perpetrators never touched the grandmother or the 10-year-old son. they only touch and tied up the 51-year-old grandfather. >> reporter: and police right now at this point are trying to find the suspects here believed to be in their 30s or 40s. two masked men with guns. right now, again, police are talking with those victims here. fortunately there were several cameras in the area that captured what happen and they're going through that right now to try to find these two men. if you know anything about it. you're asked to call police

jens: we have tremendous headsets coming online, oculus, rift, and the sony playstation vr is coming.it is in place, we think it is going to go mainstream. emily: wow, i'm going to hold you to that. thanks for joining us here on "bloomberg west." that does it for today's edition. tomorrow, we will bring you the winner of the google science fair. you do not want to miss it. more on that breaking news about scott walker, coming up. ♪ ♪ (ee-e-e-oh-mum-oh-weh) (hush my darling...) (don't fear my darling...) (the lion sleeps tonight.) (hush my darling...) man snoring (don't fear my darling...) (the lion sleeps tonight.) woman snoring take the roar out of snore. yet another innovation only at a sleep number store. bettie: welcome to this special edition. i travel to china and spoke with a former ambassador to the united

as have also been sidelined the ceo scales back on consumer electronics to focus on profitable playstations and movies. latesthas released the challenge to the iphone. two nexus phones. they come with a sensor, a boostedsystem, and battery like to read it starts at $499. the smaller at three some nine dollars. -- $379. let's go back with a look at what is trending on social media. edward snowden, was a blower, trending on social media. making waves. he just joined twitter and now has an account. his biography section says, i used to work for the government. now he works for the people. formerollowing his employer at the national security agency. jokes buzzing that he does not even follow his own girlfriend. he already has more than 740,000 followers. the nsa, just over 95,000. he seems to be enjoying himself. he just had a conversation with tyson.hysicist on welcomings him him to twitter. tyson continues the conversation. snowden said, i'm just a city with a voice. -- citizen with a voice. twitter said they gave him the username. hosted otherost controversial figures. let's take a look at

sidelined as they scale back on consumer electronics to focus on profitable and -- image centers, playstationgames and movies. and japan is confirmed as buying some reynolds assets for $5 billion. they are picking up national rights to the american spirit division. the president described the deal as an excellent opportunity to strengthen sales growth. it will be japan tobacco's biggest acquisition since 2007 and google has released its latest challenge to the iphone. both handsets come with a fingerprint sensor, a quicker usb charging system and a new software that helps battery life. it starts at $495. they're 7:30 in hong kong. a cloudy day. let's cloudy when you take a look at how equities performed on wall street is so let's see what happened in asia as we get set to open 30 minutes from now for trading in australia, japan, and south korea. ."u are watching "firstup the top stories this hour -- the japanese promising to make companies more accountable to investors. at a bloomberg headquarters, he said he will bring companies more aligned. boost the wants to economy by 20% and reverse the

sony tries to stay ahead of the game, cutting costs to keep up sales momentum of the playstation in holidayg season. sunny raised its four year sales target as profit quadrupled in the first quarter. ck, people have asked about they dislike button, and people are working on it. users have called for other expressions. those were the top corporate headlines this morning. after putting the economy front and center of his successful leadership challenge, malcolm turnbull is facing some challenges in choosing his cabinet. let's get over to paul allen in sydney for more. the treasure widely tipped to lose his job, but he's not going quietly, is he? >> that's right. there was an unspoken expectation that he might voluntarily step aside. it seems his position is almost certainly untenable, but no such offer is forthcoming. it seems he is not going to go quietly, and that would mean malcolm turnbull would be forced to demote him. we saw tony abbott yesterday saying there was no way he would attempt to undermine the government. at least on the upside, the finance minister, who was pictured marching

going to be able to compete in terms of graphical performance, which is what gamers look for in playstationit could beat them significantly on price, on ranges of products. it could introduce a new market of people to gaming, because said me they have got a low-cost products sitting underneath there tv that said me they can play with or with their children. that could be a big deal because apps in the stores of they are not free, they are not more than a few dollars. on sony's platforms, microsoft, we could be talking tens. francine: thank you so much for that. k price is not move, but the share price has been so much under pressure that investors will want to try and figure out if growth is still there. manus: absolutely. the question is whether you have apple or amazon in your portfolio. we take a look at somebody who is -- is having a great day. i think. francine: yep. we will talk about the apple event in san francisco who is having a great day? it's the queen. manus: she is the longest-serving british monarch. ♪ this is a great place to work. not because they have yoga meetings and a j

alix: is that enough to move traditional gamers from playstation consoles to apple tv, or is it morelike me you are ford: i think it is more people like us. hard-core gamers are going to stay with playstation and xbox primarily, but to broaden the potential community of gaming and bring it into the home for ordinary people, ordinary families -- a lot of families orient their lives around the tv -- gaming could be a big part of what happens next. on the other hand, i do not think apple tv will ever be a product that the scale of the iphone. but as i said before, it's amazing how well they keep the iphone good and better than everything else, so it just continues powering forward. pimm: what about the price gapper eing announced no one gets a subsidized phone anymore. is that in apple's favor? don't think it will determine success either way. many carriers will offer plans as they have in the past. these are high in products for people who have more money than -- these are for people who do thing. cheapest steve jobs talked about being the bmw of computing, and they still more or less

that 20-year-old playstation fran economize is the centerpiece of sony's brand for reviving profit. they are introducing the v.r. headset. those are the stories we're following at the moment. back to you, rish. rish: thanks. it has been snapping up investment from some of the biggest names in technology. executiveom the chief of india's biggest online marketplace. ♪ >> the fed should not be responding to up thes and downs of the markets and it is certainly not our policy to do so. but when there are significant financial developments, it is unkim bent upon us to ask ourselves what is causing them. of course while we can't know for sure, it seems to us as though concerns about the global drivers oftlook were the financial development. rish: janet yellen defending the decision to stay pat when it comes to borrowing in the u.s. right. let's have a look at some of the stories that we're watching from around the world. first of all, what has been going on in japan with the upper house, the opposition lawmakers tried to stop a vote on expanding the role of the ilitary. the bill also go be

they transformed themselves in a matter of months from kids playing playstation to hardened fighters believed that he can be removed, really. >> extraordinary. >> yeah. >> how quickly after the uprising started did you begin to think that, wow, this is possible, that we might actually win? >> the first day. >> first day? >> yeah. >> the day before, you figured, impossible. >> it's impossible. >> we'll be stuck with this son of a bitch forever. >> forever. >> and then a few hours later, it's like, wow, this might work. >> seeing groups with you going toward the martyrs square, demanding their rights, at that moment you feel that you can do anything, that this -- you can -- this is going to happen. if it didn't, well, i'll die trying doing it. at least we'll die like men doing it. ♪ >> so much has changed around town. so much is changing. new music, graffiti. these things, they mean something. ♪ [ chanting ] >> but centuries of strict social and religious values keep some things solidly the same. alcohol, for instance, is strictly forbidden. men and women follow hierarchal roles as bef

kevin: this woman speaking to us anonymously saw him run off with a plasma tv, playstation and four pair of air juror didn't and lebron james basketball shoes. it's serious. >> nelson just lost the prize footwear in a bet with his stepbrother. the armed robbery was his form of a recover are you -- recovery mission. >> for what? 12 years behind bars? an awful price to pay but a lesson to be learned for sure. kevin: why a stiff sentence? well, nelson was already on probation. found guilty last year. of robbing the three dirt bikes from a family. that crime also involved a gun. the judge giving no mercy. >> today was reckoning. kevin: nelson and the stepbrother bet the prize basketball shoes while playing in an nba video game tournament. police say double or nothing is a better option than armed robbery. i'm kevin lewis, abc7 news. [brief pause in captioning] alison: what we have here is a treat. doug: it's raining in san francisco. some of the rain will get further east and northeast and above palo alto and inland. maybe help with the fires. maybe the season is changing. the pa it earn. it

they took $200, a tv, and a playstation. while all this was happening the man's wife and 10-year-old grandson they were hiding in the bedroom. again, no one was injured in all of this, but the men are believed to be wearing all dark clothing. they had masks on at the time. the suspects are believed to be in their 30s and 40s. there were several cameras in the area, so police are reviewing all of that right now. if you know anything, you're asked to call police right away. >>> one final juror. that's what they need today. he faces third degree murder charges for the collapse of a brick wall in june of 2013. that wall fell onto a salvation army thrift store at 27 2 2nd and market killing six people and in injured dozens. campbell's construction team was charged with carrying out the demolition. sean benschop pleaded guilty to involuntary manslaughter and causing a catastrophe. he faces up to 20 years in prison when he's sentenced next month squloo meanwhile a man accused of shooting and wounding a police officer heads to court

other rivals like sony have already done this on their playstation streaming service but apple hasn't. they're selling this as an app based store. probably because it hasn't got enough content and it hasn't refined this live streaming technology. >> people were excited about this new pen which cost $99 on top of the new probut isn't this going away from the purist vision of steve jobs. weren't they saying this is a larger iphone and ridiculed any accessories but they're doing just that. >> i think it will appear to a minority of people. what's really important is the fact that microsoft is now a partner. they were on stage yesterday with apple and it's moving very heavily into the corporate world. so there was a presentation from a federal devices kaen. fr company. and from adobe and microsoft. it's moving from consumer services to business services. >> thank you for joining us. managing director of cm research. now as we discussed earlier, of course apple pushing into that business space and we have been asking you, would your boss spend a thousand dollars for everyone in the house i

as you can see they really are children in europe who the parents take to playgrounds or have playstations at home or things like this, these kids don't have any education or school and have nowhere to play but outside their tents, if you can call them tent, actually. this is the -- if you look onto the ground, you can see this is the sewage system here. they play in that. you can see there aren't any proper showers or any sanitation here either. this is what's making living here so difficult. that's why when they heard that there was the slightest possibility to travel to the europe they flocked to beirut pleading with authorities there to find them a way to live some sort of normal life. here's our report when we met some of them. behind each face is a different stories. newlyweds here because of the war in syria. fathers that no longer look their children in the eyes because of how helpless they've become. little boys and girls whose future depends on the generosity of strangers. he tries to comfort her nine-month-old baby girl. she tells us how together with her husband they attempted

the price of playstation's cut. the war with xbox.t as a centerpiece of its profit revival plan. isking smoker, thick haze illegalng caused by burning in indonesia. it has prompted help alerts. -- health alerts. the grand prix is still set to go ahead. follow me on twitter. the #as well. way-pacific stocks on the down with crude futures moving to the outsiders, investors awaiting the fed decision. >> asian markets follow the u.s. ahead of the fed decision. we have seen positive momentum in the region this morning, although the shanghai market

here's the headlines, sony cutting the price of the playstation in japan, facing a global war with microsoftny president considers the console a centerpiece of his plan for reviving profit at the electronicsmaker. nd they are working on new like buttons. according to mark zuckerberg people asked about the dislike button for many years and we finally heard you and are working on this and will deliver something to meet the needs of the larger community. and jeff bezos imagines millions living in orbit and he announced his exploration company will put $200 million in a new rocket assembly facility and launch site at cape canaveral in florida. jeff: there are no shortcuts to space and have to be disciplined and put one foot in front of the other and make real progress. francine: now straight to mark. sab miller gained 22% and wouldn't call it a little but call it a lot. mark: and canada had their credit rating cut to a plus from aa minus and outlook is stable from negative and is interesting because earlier we were telling you about south korea whose credit rating was raised by a notch to aa min

virtual reality introducing 10 titles for the playstation here.cus away unprofitable tv businesses. be desperateg to proposing a headset, helping to extend its lead over microsoft. back to our top story, the federal reserve leading rates on hold. a half-hour after the decision was announced, we had the janet yellen press conference. this is what she had to say. >> the federal open market committee reaffirmed the current zero two quarter percent target range for the federal funds rate . since the committee met in july, the pace of job gains has been solid. the unemployment rate has declined. overall labor market conditions have continued to improve. inflation however has continued to row -- run below our objective. declines in energy and import prices. what we still expect, the downward pressure of inflation from these factors will fade over time. recent global economic and financial developments are likely to put further down the pressure on inflation in the near term. the outlook a broad appears to have become more. -concerns about growth in chin

orbe not as good as the xbox playstation, but something that could be powerful.going to tell us who bill graham is, because it is being held at the bill graham auditorium. he was a legendary concert promoter here in the bay area. ,e did some fantastic concerts a legend of the bay area. he will be wandering over tomorrow. thank you, cory johnson. more on the bloomberg market day. ♪ it is noon in san francisco, 3:00 in new york, and 3:00 a.m. in hong kong. tt: the bloomberg market day. this is the bloomberg market day. matt: warren buffett has been eating lunch with the winner of his lunch auction. is the dawn of a new day for rolls-royce. the luxury automaker showing off its newest convertible. pimm: good afternoon. i am pimm fox here with matt miller. matt: we are at session highs right now. again of three for 59 points on the dow jones. we have not seen an intraday level like this since thursday. we have not seen a close like this since monday. , if we close back at this level, what we lost last week. gain as500, you see again well. i could go on like this. pimm

bad we have come to the point again, it is like, everyone is -- ask consuming the content like playstationd in this 24-7, it is almost like compared to hollywood actors actresses in trouble for years people have not stopped going to the movies watching movies on television. >> nfl unlike other league nhl nba native every week a big show one time all you have to do tune in once. >> an inventory. >> destination tv good to see you thank you joining us from forbes, 2016 miss america pageant miss georgia taking the crown her win second to 32-year-old scandal celebrity blogger will join us back in a minute. e're recommending as your consultants... the new consultants are here. it's not just big data, its bigger data. we're beta testing the new wearable interface... ♪ xerox believes finding the right solution shouldn't be so much work. by engineering a better way for people, process and technology to work together. work can work better. with xerox. . maria: welcome back, miss georgia initially new miss america. >> your new miss america is -- miss georgia! [cheers and applause] ♪ wow, her crowning

like the sony playstation on the xbox. >> they're going to try to do it without games that might be fun to play that you don't need to be an expert in. >> gamer. >> but i don't know, it's tough to break in. >> it's going to be $150. a lot more than the old apple tv. >> last time was $99. >> smart tv's already have that don't they? >> yeah but we'll see. >> if you're buying the disney movies on itunes and you want to watch them on your tv. >> this piece yesterday didn't assume that apple is going to take your living room by storm. it's tough. >> it is and it's questionable. we're going to watch -- i don't know about the watch. they're going to bring a new one out with a gold case that's not as expensive. >> that's stuff is not the exciting. it's the phone. you have to believe in the phone or not. >> but for everybody that doubts it, i was in an apple store last week trying to get my laptop replaced. it was an hour and 45 minute wait for them to say the screen is cracked. >> that's not a good thing. it shows there's a lot of people. >> it's the only store that has something i would agree