it's also a big push into the united states for softbank.ast time they pushed this much, there was plenty of capital with investments towards we work, doordash, plenty of others, and right now he doesn't have that kind of cash anymore. yet he is doubling his pledge. he has some work to do here. caroline: some work, but also wanting to know the finer details of where he allocates. he has been all in on ai, saw the curve coming before many others, of course as evidenced by his arm holding acquisition in taking it to market. where else do you think he could be investing in the united states? peter: at softbank world this summer he talked a lot about artificial intelligence and how he wanted to invest in even more and more kinds of companies. he's investing into openai in particular, right in the process of a tender offer right now where he is offering openai investors the ability to sell shares and get another $1.5 billion and his ambitions go far beyond that, having talked about having nvidia chips in particular and that energy is a huge thing

yes and we 'ust softbank, $100 billion? yes and we just saw _ softbank, $100 billion?nk, $100 billion? yes and we just saw the ceo _ softbank, $100 billion? yes and we just saw the ceo speaking i softbank, $100 billion? yes and we just saw the ceo speaking atj we just saw the ceo speaking at trump's estate, talking about an investment in us projects over the next four years, this is the japanese internet and telecoms giant saying this could reportedly create lots of jobs, a big boom for incoming president trumper._ jobs, a big boom for incoming president trumper. ritika, good to see you. _ president trumper. ritika, good to see you, thank— president trumper. ritika, good to see you, thank you _ president trumper. ritika, good to see you, thank you very - to see you, thank you very much. that is your business today, see you soon, bye—bye. you're watching bbc news. worth returning to that of breaking line we had a short while ago, royal sources telling the bbc the duke of york will not be joining the royalfamily the duke of york will not be joining the royal family for c

softbank eight years ago had a lot of money.hey had been in the process of raising the vision fund. they made investments in we were, doordash, and a few others. now softbank does not have that kind of cash on its balance sheet so it is a bit of a bit of question how they will get that money and make those investments. his investment strategy has shifted. he is emphasizing artificial intelligence. he wants to put money into ai, into semiconductors, also the energy which is critical to the growth of ai in the future. we still have to see exactly where the investments will go and whether he can reach the level of 100,000 jobs which is a big target for him. scarlet: absolutely. thank you for the important context of what happened eight years ago. with the $50 billion pledge eight years ago, do we know if you delivered on that? peter: he largely did deliver that money. he had this part of $100 billion in the vision fund he was ready to invest in start-ups. he already made a bunch of them. we work was probably the biggest beneficiary

the ceo softbank announces a $100 billion investment in the u.s. during a visit to mar-a- lago. >>> drones over new jersey. we talked to a local mayor and what he is hearing from the federal government as the 11th hour gets underway this monday night. >>> good evening once again. i am stephanie ruhle. five weeks from today, donald trump will be sworn in is a 47 president of the united states. today, his pick to run the department of health and human services robert f. kennedy jr. met with republican senators to drum up support. before we talk about rfk, want to talk about the department he wants to run. it includes 80,000 federal employees and has a budget of nearly $2 trillion and its work impacts nearly every single american. medicare, medicaid, obamacare, all of that is run by the centers for medicare and medicaid services which is part of hhs. if you care of what goes into the food you eat or the prescription drugs you use? the fda is part of hhs. if you think it's important to prevent the spread of diseases and prevent futures pandemics, the c

the softbank thank it was ingenious because softbank is at the largest venture capital firm in the worldnvest inbank technology, so when softbank invest in anything, everybodyant gets on board like a herd mentality, like nancy pelosi ano invest somewhere, everybody will get in because you know it only goes up. negotiating out there in publicm and ig went to the mall withre wyour wife and there were camea there and all of a sudden she was like you know jesse, yout? really love me right? let's spend twice as much and you look at reporters like okay! okay. [laughter] she's a good negotiator! that was really funny, like he was excuse old. it's like when tampa bay all of a sudden signed tom brady?er >> dana: t i do remember. t >> jesse: all ofhe a sudden all of the free agents went to thebe bucks because they wanted to be next to tom brady, that is what is happening was softbank vic it is a great p.r. strategy and it happens to tax cuts in 2018, remember back then one of these and thcue trump tax cuts and ale of these corporations started making these announcements they will give the bonuses?

we've actually seen this before in 2016, softbank.e going softbank, weren't they the guys that lost like a zillion dollars investing in we work? the answer is yes but they still have a zillion more. but back in 2016, the same guy promised to invest $50 billion to create 50,000 jobs. i can't remember any ribbon- cutting. how did that go? >> we can look at what softbank had to invest last year and my understanding from forbes reporting is that they only had about $300 million with an m dollars in investment, which was a 90% decline in the prior year. so to answer your question directly, we don't know exactly as far as i can tell how many jobs were created, what this actually yielded as a trump reporter in the first administration, trump did this constantly, holding big events where he said this company or that company, foxconn and carrier were investing millions or billions of dollars and create hundreds of thousands of jobs. and those investments often did not materialize. often it's the same in some investors say it's possible that so

the softbank thing was genius, because softbank is the largest venture capital firm in the world.y invest in tech. so when softbank invests in anything, everybody gets on board like herd mentality. if buffett or nancy pelosi invests somewhere, everybody's going to go in because you know it only goes up. negotiating out there in public, imagine you went to the mall with your wife and there was cameras there, and all of a sudden she was like, "jesse, you really love me, right? let's spend twice as much." you're looking at reporters like, "okay." >> dana: she's a good negotiator. >> jesse: that was really funny. and they grabbed him and brought him in like he was six years o old. remember when tampa bay all of the sudden signed tom brady, dana? >> dana: i do remember that. >> jesse: and all in all of a sudden all the free agents started flocking to the bucs because they want to be next to tom brady and they want a ring. that's what's happening with softbank. it is great p.r. strategy that happened during the tax cuts in 2018. remember after he signed the trump tax cuts and all these

softbank shares are trading higher by about 11% in tokyo on the back of that news. as we go through the morning. canada has a brand—new finance minister — dominic leblanc. he was appointed after his predecessor chrystia freeland quit on monday after clashing with prime ministerjustin trudeau. in her resignation letter, freeland dismissed trudeau's push for increased spending as a political gimmick, saying it could hurt the country's ability to deal with the 25% import tariffs us president—elect donald trump says he will impose once he takes office. turning now to asia with a look at how the region's economies may fare next year. while inflation and cost—of—living concerns were a dominant theme of 20211, the mastercard economics insitute says that the spending picture for next year will be more upbeat. their chief economist, for apac, david mann, explained the trends driving this optimistic outlook. the way we are thinking about this from the perspective of the mastercard economics nymex institute is 2025 is likely to be the year where we get the more sustainable lev

hour we will hear from donald trump he will make remarks of the 100 billion-dollar investment from softbankwill bring the comments when we get them, straight to the green still there, especially for the nasdaq up 116-point better than a half% higher, the ten year treasury yield is getting up there, 4.38%, the price of oil back to $70 a barrel 7082, bitcoin hit 106,000 earlier today it backed off a little, 1054 that is the market, now this. it's been a month since we first heard reports of mysterious drones flying in the night sky over new jersey, we still don't know who put them there or what they were doing, the government tells us they are not dangerous, tell us who's putting them up there and what are they doing, don't tell us to move along there's nothing to see there is a pattern, chinese spy balloon that wandered around the country, the checking out our military bases we were told the buildings were not dangerous, we were never told exactly what they were doing, eventually one was shot down, during covid there was an awkward. when vaccinated people got covid, another words the vaccine

softbank shares are trading higher by about 3% in tokyo on the back of that news.nce minister — dominic leblanc. he was appointed after his predecessor christia freeland quit on monday after clashing with prime ministerjustin trudeau. in her resignation letter, freeland dismissed trudeau's push for increased spending as a political gimmick saying it could hurt the country's ability to deal with the 25% import tariffs us president—elect donald trump says he will impose once he takes office. starbucks has announced a major change to its parental leave benefits in the us. starting in march next year, the coffee chain will offer 18 weeks of paid leave to birth parents, covering 100% of their pay. that's triple what it currently offers its employees. non—birth parents, those welcoming children through adoption or surrogacy, will get 12 weeks of paid leave. the new rules will apply only to employees who work at least 20 hours a week. turning now to asia with a look at how the region's economies may fare next year. while inflation and cost of living concerns were a domina

the title inside softbank vision funds new billion dollar bets. you can find it in past episodes because it explains all of what's about to happen. and keep in mind, even if he makes a couple of dumb big investments again, dog walking that employs a ton of people who need to go to lunch, who need to get to pick up their dry cleaning, who need to have an uber. and if this man wants to come into the bay area, i used to call him the monopoly man. right? it's just money coming out of his pockets. hey, more power to him. well, you know, you've got to have some some bombs to get some, you know, some good ones too. exactly. and boy, does he have some bombs and some winners. it's part of business. sometimes it is. it is. well, speaking of business in bay area companies. let's talk about this. the next step for alphabet's waymo. tokyo. yeah. the bay area based robotaxi company is taking its first step on an international level. this is with plans of start testing in asia early next year. now, waymo is not yet commenting on the starting that commercial oper

softbank ceo will reportedly make a 100 billion-dollar investment in the u.s. over the next four years, he is expected to meet with the president-elect today at mar-a-lago, we will visit the d.c. restaurant scene how will the wait staff and the bartenders treat the trump crowd we are told conservatives get very big tips. december 16, 2024, "varney & company" is about to begin ♪ ♪ ♪ ♪. stuart: i suppose this is the modern rendering of christmas music i suppose i'll take that, raining in new york today but we do need the rain president-elect trump met with a thunderous welcome at the army game this weekend you could hear the crowd in the background chanting usa that broke out frequently trumps cabinet pics were in attendance, tulsi gabbard, pete hegseth, ron desantis reported the defense secretary backup if pete hegseth does not make it, elon musk popped up everywhere daniel penny was there less than a week after he was acquitted, trump posted apple's chief executive tim cook at mar-a-lago he is the latest in the string of big tech leaders including open i sam al

some ideas were winners, uber comes to mind, and some were a giant waste of softbank's money. investments like wework, the one that always stands out in my head is his investment in a dog walking company called wag. somebody come to your house sort of like a doordash and walk your dog. softbank sank $300 million into wag, a business not that different than the dog walking business you might have thought up when you were a kid. a third of $1 billion. so long before we knew masayoshi son and his money were coming back, we did a full breakdown of softbank spending in silicon valley with its head american investoon our podcast, sand hill road. the title of it is inside softbank vision funds new billion dollar bets, and you can find that in past episodes. it is good for all of us because although the bets he makes can be really weird, those startups then need to go to lunch. they need to pick up the dry cleaning they need to. and if somebody wants to spend that kind of money in silicon valley, let them well, and they've been able to hit some big ones too. yes. all right. thank you

you served as the president and cfo of softbank bank group international post softbank, you acquired an mfa in creative writing from nyu. the monetary map is your first book by way of introduction. the monetary is really your odyssey with a focus on your adventures alongside masayoshi son. for those familiar with masa as he's popularly referred to, he is perhaps the most influential technology investor writer of all time. he was once the richest man in the world, and then he set a record for having lost the most money ever spent. his investment includes alibaba arm holding yahoo! tick tock uber t mobile in video doordash and we work just to name a few. alok many people dream of recreating their personal and professional lives and you did it. so let's talk the book. i guess the best way to start here is to ask you about your journey and why you wrote this book. well, first of all, thank you for doing this. i, i sprang this on you, but it's a it's good to be here among a lot of familiar faces, a lot of friends, a little bit of family to answer a question why this book? i, i wanted to w

it just outlined softbank's intentions. but lake says it's impactful because it signals that the u.s. is the top destination for companies looking to invest, putting list this level of confidence into our economy, i think is a very positive sign in washington. i'm hannah brandt. >> president biden and vice president harris are vowing to stay engaged after their terms and they made the comments during yesterday's dnc holiday party. biden told people in attendance it was more important than ever to keep organizing. he also praised harris for her immense character saying, quote. you're not going anywhere. kids. the president also said he believes the country is in a resoundingly better position today than when he and harris entered the white house. >> on the news at 5.80, years after a turning point in history, veterans in leaders honor the sacrifices in the battle of the bulge. >> and after the break, governor newsom unveiling a new plan aimed at helping military veterans with their military veterans with their education and

softbank ceo masayoshi son announced a $100 billion investment in the us over the next four years. mar—a—lago, florida, he said it could create 100,000 jobs in america focussed on al and related infrastructure. i would really like to celebrate the great victory of president trump, and my confidence level to the economy of the united states has tremendously increased with his victory. so because of that, i'm now excited to commit this $100 billion and 100,000 jobs. the investment is similar to one from december 2016, when son pledged a $50 billion investment in 50,000 jobs. it's unclear how manyjobs that commitment resulted in and how softbank intends to fund the new investment, as the company has been rebuilding its finances since the failure of the office sharing start—up wework. yet the japanese internet and telecoms giant plans to complete the work before trump leaves office in 2029. the deal is a clear boon for trump, who has made the economy a centrepiece of his presidential campaign, and the news coincides with soaring investments in tech, as the nasdaq 100 and bitcoin reache

and we just concluded a very productive meeting and today i am thrilled to announce that softbank will be investing $100 billion in america creating 100,000 american jobs at a minimum. he is doing this because he feels very optimistic about our country since the election. many other people are also coming in with tremendous amounts of money. you probably noticed a poll was just taken, businesses literally in 39 years there's been nothing like it. the biggest increase, small business owners gave it a 41% jump, the biggest jump we've had in 39 years. nobody has seen anything like it. they are very optimistic. this historic investment is a monumental demonstration confidence in america's future and it will help ensure that artificial intelligence, emerging technologies and other industries of tomorrow are created and grown right here in the usa. one of the beautiful things about masa is he is involved with emerging technology he knows and maybe better than anybody. it's a great honor, some of you remember after the 2016 election also softbank committed to invest $50 million in our country

he announcedded a $100 billion investment in america from the ceo of softbank.he announcement, he met with tiktok's chief. tiktok wants to block the u.s. ban that would go into effect january the 19th unless it's sold. everybody wants something. the donations keep coming in. citadel's chief, ken griffin, he announced he will be giving a million dollars to the trump's inauguration. griffin didn't inaugurate for his campaign, but he says he did vote for the president-elect. just another ceo cozying up to trump. mark zuckerberg, jeff bezos, sam altman each donated to the trump inaugural fund. in the last two weeks, trump has met with zuckerberg, sergey brin, tim cook, sundar pichai. they've all flown down to mar-a-lago. he will meet with jeff bezos sometime this week and if reportedly meet with netflix's ceo later on today. we'll see i -- see. now listen to what the president-elect says about how people are treating him this time around. >> i did have dinner with tim cook. i had dinner with sort of almost all of them, and the rest are coming. one of the big differe

he began with the announcement of $100 billion investment in japan's softbank ceo and he noted the numberf business leaders now coming to visit him this time at mar-a-lago. >> with the biggest difference is that people want to get along with me this time. >> softbank's ceo is just the latest in the string of billionaires making the trek. >> we have a lot of great executives coming in. the top executives, the top bankers. they are all calling. >> griff: including apple and meta's ceo jeff bezos on the dance card this week. also joining trump today is his commerce secretary nominee. >> do you see another trade deal with china coming? >> i think reciprocity is something that is going to be a key topic for us, how you treat us is how you should expect to be treated. >> tariffs, properly used, which we will do, and being reciprocal with other nations, but it will make our country rich. >> griff: president-elect trump also addressed the mysterious drones. >> the government knows what is happening. >> griff: his cabinet picks, the war in ukraine. >> too many people being killed. >>s who nages ga

. >>> plus, softbank's ceo headed to mar-a-lago to meet trump.rse getting ready for what would be its final rate cut of the year, outlook from commercial real estate g show ahead. don't go anywhere. for what's. as energy demand continues to rise, we're harnessing breakthrough innovations to increase production in the u.s. gulf of mexico. our latest deepwater development, anchor, produces previously inaccessible oil and natural gas, allowing us to deliver the energy we all need today so everyone can follow their own road. that's energy in progress. when we started feeding bogie the farmer's dog, he lost so much weight. pre-portioned packs makes it really easy to keep him lean and healthy. in the morning, he flies up the stairs and hops up on my bed. in the past, he would not have been able to do any of those things. jen b asks, "how can i get fast download in the past, speeds while out and about?" jen, we've engineered xfinity mobile with wifi speeds up to a gig, so you can download and do much more all at once. it's an idea that's quite attractiv

you had the softbank president promise 100 billion? actually, no, wait, he might have doubled it to 200 billion after your father in law gave him a little elbow in front of the world media. what's your what's your understanding of the moves being made today? >> well, it's as though donald trump is the de facto president, like he's the president right now, even though he's not sworn in. nobody even remembers jesse most of the time, that joe biden is technically still the president of the united states. and i think this is what not just americans have been yearning for, but the world has been yearning for, along with that $100 billion pledge of investment here in america. it's somewhere in the neighborhood of 100,000 plus jobs for americans that are coming in, whether it's that whether it's donald trump saying the hostages need to be returned or there will be hell to pay all the major world leaders coming to the table, coming to mar-a-lago, you know, greeting him wherever he goes with, you know, the relevance that and that america deserv

. >> president-elect trump announcing a four investment commitment from softbank spoke to reporters near his estate about the investment and policy priorities. >> so it's an honor to be with 'f points. we'll take some questions later if you'd like. i'm sure you shocked if you didn't have, be very impressed. but i'm honored to welcome one of the most accomplished business leaders of our time, the founder and ceo of softbank. everybody knows masa, yoshi. san. masa runs one of the largest companies in japan and among the most successful investment and technology companies anywhere in the world, one of the most successful investors in the world. and we just concluded a very productive meeting. and today, i'm thrilled to announce that softbank will be investing $100 billion in america, creating 100,000 american jobs at a minimum. and he's doing this because he feels very optimistic about our country since the election and many other people are also coming in with tremendous amounts of money. and you probably noticed that the, the poll was just taken. business is literally in 39 years there's

i learned according to sources, masa san, the billionaire of softbank in japan, is at mar-a-lago andns to make a joint announcement today with president-elect trump that he will be investing $100 billion into the united states before 2029. before the end of trump's term. the announcement, i'm told, will also include the promise of creating 100,000 jobs in the united states and this will all be focused on a.i. and related infrastructure support that a.i. demands. again, the big announcement that i'm told will come later this morning, according to sources familiar with the matter is $100 billion investment by softbank's masa son in the next four years under president- trump's term. this may be familiar to you because masa son followed this playbook in 2016. he went to trump tower ahead of the last trump administration and announced a $50 billion investment in the united states with the aim to create 50,000 jobs and it got done. it got done at a time when masa's softbank, the biggest venture capital bank in the world, was investing. they did that through a lot of investments in united s

>anne>now, before trump took office in 2016, softbank made a similar promise to invest $50 billion to create 50,000 jobs. joining me now to talk more about the investment in ai is olaf wrote with the haas school of business at uc berkeley. thanks for being with us. >>>>always good to be with you, anne. >anne>thank you. so we talked about that last investment the same company made last time trump was president. how did that turn out? >>>>well, you know, 50 billion, 50,000 jobs pledged. clearly a lot of money was spent. we would have to say that. but it's very unclear as to how much employment was actually created. you know, these things are always, a rather tricky science because so many factors play into these investments. but frankly, a lot of the ai investments and anything that sort of data science related at the very high end of innovation is, is is a tough nut to crack in terms of employment, because most of it goes into design and into into sales. and so it's not really sure that he's going to create those 100,000 jobs. but we'll >anne>see. all right. now just to take it back to

next, president-elect donald trump announcing a $100 billion four year investment commitment from softbanken a hearing on president-elect's tariff proposals on the joint economic committee. later, i senate panel on antitrust enforcement and reform, looking at the impact of mergers and corporate consolidation on competition and offerings in the tech sector and concerns over amazon's labor practices. >> on sunday, president-elect donald trump gave kino events at a keynote event in arizona, hosted by turning point usa and turning point action, live on c-span, c-span now, our free mobile app, and online at c-span.org. >> this week, washington journal's holiday series, featuring live segments each morning with any writer. on sunday morning, the founder of the well read black girl podcast and digital literacy talks about a memoir. watch live and join the discussion on washington journal, sunday morning at 7:00 eastern on c-span, c-span our free mobile video app, and online at c-span.org. >> c-span is your unfiltered view of government. funded by these television companies and more, including med

the ceo softbank announces a $100 billion investment in the u.s.deral government as the 11th hour gets underway this monday night. >>> good evening once again. i am stephanie ruhle. five weeks from today, donald trump will be sworn in is a 47 president of the united states. today, his pick to run the department of health and human services robert f. kennedy jr. met with republican senators to drum up support. before we talk about rfk, want to talk about the department he wants to run. it includes 80,000 fedel

the election he spoke for over an hour and took reporter questions on a wide range of topics after softbankeo announced a major investment in the u.s. and its hopes for trump's presidency. watch. >> my confidence level to the economy of the united states has to medicine increased with his victory. because of that i'm now excited to commit the $100,000,000,000.100000 jobs into the united states. i'm really hoping president trump will make the world into peace again that is my additional help and i think you will actually make it happen. >> trump promised to stop the wars in ukraine in the middle east entangle with the reporter of his plans to deter iran from building a nuclear weapon. take a look at this. >> are you entertaining preemptive strikes against the nuclear facilities. >> against iran's nuclear facilities. >> is a wonderful question but in regular do preemptive strikes, why would i say that can you imagine if i said yes or no, you would say that strange that he answered that. my going to do preemptive strikes on iran, is that a serious question how can i answer questions like that.

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softbank's big investment, the ceo meeting with president-elect trump and pledging $100 million in u.s. projects. what it could mean for the economy and ai investments. >>> plus a recently not to magnificent stock in the mag seven, looking to offload some of its luxury portfolio. and starbucks shares are getting decaffeinated. i'm melissa lee coming to you live. on the desk tonight tim seymour, lori calvarre. the dow notching the eighth straight down day for the longest losing streak since 2018. the nasdaq at all time highs close at a record of 20,173. two big momentum trade soaring again today, bitcoin touching a fresh all time high touching $107,000 for the first time. crypto proxy microstrategy up more than 7% after news late friday that the stock will be added to the nasdaq 100 next week. the gains fading in afternoon trade but shares still up nearly 550% this year. microstrategy outperforming bitcoin by almost 30% just since donald trump was elected president. so what is the outperformance signaling to you? it could have a broughton market signal orbit coin specific. >> feels like

after the 2016 election, softbank committed to invest $50 billion in our country, and they did.sed to say they kept that props in every way shape and form and now they're looking to do 100 -- and i've looked at their books and they do have the possibility of doing were. i'm going to ask them to do a little bit more. first i'm going to ask him to speak and just to say a few words. please. >> thank you, appreciate it. >> thank you so much. i'm very, very excited. i would really like to celebrate the great victory of president trump. and my confidence level to the economy of the united states has tremendously increased with his victory. so because of that, i'm now excited to commit this $100 billion and 100,000 jobs into the united states. this is double of last time as president trump said. i say oh, president trump is a double down president, then i'm going to have to double down. $100 billion and 100,000 jobs. this is, you know, my confidence level because that has doubled down. so i am truly excited to make this happen and of course business is important and technology is impor

yesterday he announced softbank will be investing $100 billion over the next four years and made 100,000 new american jobs. that's one more piece of good news, much more to come. america is already on its way to becoming great once again and that's just because of the change of leadership. we are excited for president trump second term. you've heard about that. officially begins in january and has an incredible team around him. i've been visiting with the various cabinet appointees, nominees. looking forward to meeting with kash patel and david sachs this week and have been talk with all of them along the way. they are all on a path for confirmation and that's an exciting thing and important principle for us to maintain come the the president getso choose his team and we're excited for that to be resolved in the early part of next year. near the end of this year i want to say, stopped as it would affect to the leadership team, these friends have done a great job helping us to leave the conference over the last year and last two years, helping meet the last year plus as speaker and leader

from the drones to hostages in gaza and tiktok, he started his remarks standing next to japan's softbank ceo announcing $100 million investment that promises 1 u.n. thousand jobs on a.i. and the like, trump noted number of billion airs and businessmen comes to mar-a-lago to meet him there people want to get along with me this time, we have a lot of great executives coming in. . reporter: also at this press conference was trump's incoming commerce secretary howard lutnick, he was offered up for questions, i asked a question, when the answer caused the dow to take a hit for a brief time, it has recovered. i said is there another china trade deal on the offing they said, p -- reciprocity will be key, meaning how they treat us is how we treat them, trump weighed in saying, he will make great deals to make america rich again, larry. larry: you know that is a freight answer, the reciprocity, whatever the market di think that answer is the best possible answer. they will cut their tariffs and we'll cut ours, if they don't, we won't, that is the basis of mr. trump's trade policy, gr grifer griff

. >> john: president-elect trump making deals ceo softbank and announcing $100 billion investment to100,000 jobs in the united states. at this comes as president-elect meets with the ceo tiktok and mid the name band against the app. peter doocy has more. you want to know who is who in the tech industry but look at the guest list mar-a-lago. >> the president-elect does not have real responsibilities yet so he only has to focus on things he wants to focus on, like this press conference with the ceo of softbank that looked like art of the deal book signing. >> president trump is a double down president. i am going to have to double down. 100,000 jobs. >> would you make it $200 million, i said? [laughter] >> how can we afford to do that? all right, $200 million. $200 million investment. >> it is a great sale. >> the next negotiations about tiktok, the tiktok ceo at mar-a-lago and the platform to be banned in the u.s. january 19th if not sold by the chinese parent company. the republicans and democrats voted to ban it in concerns about they shared china data mining that those concerns not

coming up, softbank's founder is quietly plotting to build his own ai chips to take on nvidia.will discuss the details of the plan next. this is bloomberg. ♪ tom: welcome back, softbank is preparing to bet big on ai including a $100 billion investment in the u.s. the company's redemption plan is the focus of today's big dig. bloomberg technology editor joins us with the details. it is always fascinating to read about the plans, and part of that is tilted towards investment in the u.s.. what has masa been trying to do, the renewed ambitions, and why? >> masayoshi san is back and easier to fight for his legacy. he sees efficient chip architecture as the key to build out an ai ecosystem that goes far beyond the data centers where nvidia is dominant. so he sees a future where ai is everywhere in the homes, your pocket, and he is ready to utilizes 90% stake in arm to get there. he was an early investor in nvidia and sold his stake in 2019 only to see nvidia emerge as this leader in ai, some think he has been navigating for for over a decade, so it is something that she realized by s

honored to welcome one of the most accomplished business leaders of our time, the founder and ceo of softbank, everyone know

by 2025 softbank is a very influential fund holding a lot of stakes of big tech companies. be at mar-a-lago today saying up a hundred billion into the united states, your thoughts. >> is a smart guy and he knows with what the president-elect is doing to bring manufacturing back to the u.s. and more work back into the u.s. in near shoring this will be a tremendous opportunity in robotics, a.i. and overall reinvestigation of the u.s. and i think is smart to be there investing in. maria: before you go are using increasing numbers of companies wanting to move their supply chain out of china. >> i think the move from china has been coming for the last five or six years the wage lift from population decrease is driving a lot of the move and you added to geopolitical issues and potential tariffs and china relations. i think it's accelerating. maria: great to talk to you will be watching, thinking for being here. dave clark joining us founder of auger. we'll be right back. stay with us. confident. measured. ready. the markets, like life, will turn and challenge us. but when emotion

[laughter] to three investors softbank comment like this and they want to get in as well, it is likese stock, you know it is going out. the ceo of tiktok also stopped by mar-a-lago today and over the weekend apple ceo tim cook popped in for dinner. >> how was your meeting with tim cook? >> mr. trump: i did have a dinner with him, i had dinner with almost all of them and the rest are coming. this is one of the big differences when we talked about it before, one of the big differences between the first term, the first term everybody was fighting to me, this time everybody wants to be my friend. my personality changed or something. >> jesse: my exec a break at made the pilgrimage a few weeks back and sources say trump had a stand up, while the genuine six choir song the national anthem. remember facebook bandit trump after january sixth? night he sneaks into the january sixth choir so mark is upper correct -- mark zuckerberg has to stand. power move. jeff bezos is coming with his wife, and all of the ceos are giving trump 1 million each for his inaugural, the white house has been gettin

. >>> and the softbank ceo masha son announces $100 million in the u.s.head of donald trump's second stint in the white house. >>> very good morning. we start today's show with the latest ifo data giving us an indication of what is the business moral in germany at this stage. the business climate figure came in at 84.7. that was actually lower from what was priced in. when you compare this figure also with the prior reading in the prior month, it is also lower than expected. this is suggesting to us at this stage that business morale in germany deteriorated in the past month. this is particularly important because it comes a day after we got pmi data for the eurozone. when you look at the numbers for germany, it was clear the chronic downturn did seize slightly in the month of december. the contraction for the suctionth ixth month running. it highlights the outlook for the german when at a time when we also see the country heading to a snap election in february with the key question here being what is germany going to do in terms of fiscal policy. there a

he also talked about softbank and he had the ceo of softbank on at the podium with him which is a japaneseestment holding company. they invest in companies that are operating solely in technology and that could be anything from the internet to automation. they plan to invest $100 billion. next four years that is double the amount mr. sun, the man there with him made in 2016. and so he said i'm doubling down and president-elect said well, why don't you double down again and give us $200 million listen to this. it was a cute moment. >> i'm going to ask him right now, would you make it $200 billion. believe it or not, he could actually afford to do that. [laughter] >> would you do that? >> i will try to make it hand. >> 200. [laughter] >> 200 billion investment. >> he is a great because i say oh, president trump, is he a double down president. i'm going to have to double down, you know? $100 billion and 100,000 jobs. this is my confidence level. because that has doubled down. >> carley: 100,000 jobs in america. does that mean chips? >> steve: it's interesting. in 2016, when he said he was goi

it just outlined softbank's intentions.impactful because it signals that the u.s. is the top destination for companies looking to invest, putting list this level of confidence into our economy, i think is a very positive sign in washington. i'm hannah brandt. >> today governor newsom unveiled a new 100 million dollar bipartisan plan that he says will make it easier for californians and especially u.s. military veterans to earn college credit and access higher paying jobs at shasta college in redding today, newsom announced the state is establishing what will be known as a career passport to help veterans and other californians looking for higher education. earn college credit see says the tool will combine traditional academic records like college transcripts with verified scale and credentials earned outside the classroom such as military service, job training or volunteer work new today newsom also announced his administration has removed college degree requirements for people wishing to apply for nearly 30,000 state jobs

nominee to be ambassador to israel, governor mike huckabee will join us, plus trump asked the ceo of softbank on camera to double his $100 billion investment in america to create 200,000 jobs. that's what america can expect from trump. the art of the deal in realtime, also tonight, the update on trump's hhs secretary nominee rfk jr. is his make or break week on capitol hill. we've got that and also this story. >> the bernie sanders, elizabeth warren faction of the democrat party with some of this defund the police, biological males in womes sports. these things had a lot of the people in the middle class flee the democratic party. liz: we've got more from outgoing senator mitt romney and who says the democratic party is in ruins plus he is praising trump. tonight greg jarrett breaks that down and this new bombshell. biden is rubber stamping his pardons setting free from prison criminals. why? because biden could not know the specifics and actual details about these people and their crimes. he just wanted glowing headlines plus this story. >> you guys finally for illegal aliens who haven't put

announcement. >> softbank will be investing $100 billion in america, creating 100,000 american jobs investment will include artificial intelligence. but the president elect didn't stop there. he addressed many of the top issues his new administration will face, including the war in ukraine. and he had a new message for ukrainian president volodymyr zelenskyy. >> we should be prepared to make a deal. >> mr. trump also sent a message to hamas to release hostages. by the time he takes office on january 20th. >> if these hostages aren't back home by that date, all #### is going to break out. >> closer to home, the president elect defended his health secretary pick, robert f kennedy jr, who has promoted debunked theories that connect vaccines to autism. while trump reiterated his support for the polio vaccine, he says the u.s. needs to look into the prevalence of autism. >> we're going to look into finding why is the autism rate so much higher than it was 20, 25, 30 years ago? i mean, it's like it's 100 times higher. >> at several points, trump recalled the successes of his first term, s

he announced a $100 billion investment by softbank and into us projects over the next four years. >>>>this historic investment is a monumental demonstration of confidence in america's future, and it will help ensure that artificial intelligence, emerging technologies and other industries of tomorrow are built, created and grown right here in the usa. >>>>later this week, apple ceo tim cook will meet with president elect trump at mar a lago. mar a lago. that's according to reuters. cook follows other top business executives, including meta's mark zuckerberg, openai, sam altman, amazon's jeff bezos who have all donated $1 million to trump's inauguration fund, all with the goal of working to build a positive relationship with the incoming president. well, still ahead at noon and streaming on cbs news bay area. tips for donating safely this holiday season and avoiding scammers. and later in the red and gold report. do the forty-niners really still have a chance at the playoffs? and here's a live look outside before we head to the break. you can see still rainy, drizzly and gray outsid

there you're seeing shows softbank making a similar pledge for $50 billion. this year's investment will focus specifically on ai and infrastructure like data centers and chips, not the ones you eat. witnesses say it looks like an atomic bomb fell on the french island of mayotte, located between the african mainland and madagascar. the devastation caused by the worst cyclone the area has seen in 100 years. survivors say the situation is catastrophic apocalyptic even. at least 11 people are confirmed dead there, but government officials fear that that death toll is going to rise into the thousands. and this morning, a tennessee man back home after spending two days lost in a dark, dense, tight cave. his ordeal started thursday when his flashlight died and he couldn't find his way out. his family reported him missing on saturday. rescuers heard his cries for help when they arrived. officials say he was disoriented and possibly hypothermic, but otherwise fine. a lifelong dream come true for supreme court justice ketanji brown jackson. no, not just the supreme cou