studies that rocks all toshiba [inaudible] round round. a stun gun is. imagination of the all male action produced using the right now we're not alone. because it's not that every day. three weeks during which in which some elements of and also. bye bye princess those they take on all. structure run russian intellectuals sunday. yeah. says as prime minister. what is this? drinking water water. services in john job [inaudible] especially on this is. we want. to we have not as restaurants in town councils to downtown [inaudible] that's and for me to made. sense and the country. but not not. a trickle d down to the residents and getting into the war again because how's how's that working he has received its right right. i don't know who told [inaudible] here. since. a lot of moments ago . from from us some sort of gazing across. rather than the scene eight a total eclipse. two hours the longest as such as twenty twenty first century. was what happens when. the moon line [inaudible] nine also. nicholas was called a lot lately. here here in europe so technica

steel, but we have had a series of scandals in corporate japan, including the casa, the airbag maker, toshibaprofit data, and nissan motors, as well as mitsubishi motors. —— boeing. so for a country that prides itself on its quality, it has definitely damaged its reputation. 0k, thank you very much. marico where for us there in singapore. —— mariko oi. now let's brief you on some other business stories. us media giant comcast is abandoning its bid to buy 21st century fox, saying it will instead focus on taking over european broadcaster, sky. the move clears the way for disney's $71 billion takeover of fox's tv and film assets. traditional media firms are battling to buy up content in the face of growing competition from streaming services like netflix. microsoft's earnings have jumped after more strong growth in its cloud computing business. revenues for its azure cloud product soared 89% in the three months to june. microsoft shares have risen 180% since satya nadella took over as chief executive in 2014, refocusing the company on cloud computing rather than pc software. president trump has

, if you go just to put things in context if you go down about a year ago, broadcom tried to buy toshiba'semory business, very typical and they went after qualcomm very aggressively and so much so they redomiciled to the u.s. to make that deal happen. that didn't go through and nowi they're b a software company, and i just think it's -- what you're sing today is the straw that broke the camel's back. >> scratchinghi my head and we are left a bit perplexed and expect investors will be, as well. this deal runs completely against the investment narrative thaten manag has been articulating since their a toechatempt to buy qualcomm. it was obstructed by the trump administration which citec national sity concerns since broadcom was headquartered in singapore. broadcom moved its head quarters to san jose, california. despite the move to the s., some analysts say the deal could ill face regulatory scrutiny. despite those potential hurdles, analysts at jefferies are bullish on theon, arguing that while the deal is a stretch from broadcom's corebusiness, pointing out that it is still consistent with

banks purchasing toshiba and others.hey chose not to approve this transaction and for us, it is about how we move forward. >> and qualcomm had legal disputes with apple and samsung as well. how does your relationships it now? >> our relationship with qualcomm is fine. there would have been a huge opportunity to create the powerhouse going forward, but we do not have that now. with a bright future. we are the leading -- we have a bright future. we are the leading semiconductor company. we facilitate the ability to drive connected devices which will be 75 billion by 2025. we provide a unique technology to use machine learning in artificial intelligence. >> how much does it help your future that the president gave zte an important lifeline. >> they are an important customer for us. oflost about $31 billion potential sales previously. it is a customer and one we continue to want to work with. >> so you wouldn't have done the qualcomm deal if you knew the u.s. would grow the company faster, better. that is not going to happen

a purchase of toshiba.or some reason they do not approve this transaction and for us it is about how we move forward. shery: qualcomm had legal dispute with apple and samsung. how is your relationship with them now? rick: it is fine. they would have been a huge opportunity to create the semiconductor industry powerhouse going forward that we do not have that now and we have a bright future. we are the leading semi conductor into the automated industry and bringing -- focus on making driver -- driving safer. we provide a you -- unique technology. learninge the machine and artificial intelligence. about giving me -- the president giving zte a lifeline. zte ise is important -- important. we lost potential sales. a significant customer and we continue to want to work with them. david: you would not have done the qualcomm deal if you did not think he would grow the company faster, how will you grow it faster and better, and what will you do with the five-day dollars cash you are walking away with -- $5 billion c

he learned from the real estate space, was that effective, the lessons he learned from real estate toshibaied to publishing? >> i don't think it was in media because media has different dynamics. in real estate you can make money by cost cutting and then restructuring the business a little bit. the economics and media just aren't the same. the rules aren't really that trans ativ e. i think it made him not very effective as a publisher. that's not to say those principles might not be applicable to another business, but it wasn't to media. >> so include things, for example, like trying to solve the middle east peace prize problem, to which he's been assigned a top position there? >> of course. and i think the tension he's experiencing with other white house aides is probably attributable to that. he's essentially an amateur on these subjects and he's dealing with people who are lifelong civil servants and experts in many cases. when there is tension, jared claims it's a function of him rooting out incompetence, but that also says if he was hiring for competence, he shouldn't be involved with

at one point a group of congress men smashed a toshiba television set on the steps of the capitol.oth japan and germany during that people. but they were ultimately amicably resolved and resulted in a strengthening of organizations like the world trade organization. whereas the trump administration wants to break away from those multilateral agreements that govern international trade. if that also were to happen, if nafta were to break down, we were to pull out of the wto as the president may have suggested at one point along the way, at least according to some reports, again, you would see a fraying of the global trading system and that could lead to a weakening of the global economy. >> we'll wait to see if there's another move on this. ron insana, thank you for joining us, we really appreciate that. >>> coming up, a closer look at the election odds as they emerge. - i love my grandma. - anncr: as you grow older, your brain naturally begins to change which may cause trouble with recall. - learning from him is great... when i can keep up! - anncr: thankfully, prevagen helps your b

if you go -- just to put things in context if you go back about a year ago broadcom tried to buy toshiba's they went after qualcomm very aggressively, and that didn't go through. and now they're buying a software company i think what you're seeing today is the straw that broke the camel's back >> so i went back to the press release, john, when they announced this deal. always get a quote from the ceos it's quoted as saying this represents one of the biggest building blocks as it represents the infrastructure of the technology companies >> something they've done when they've done smaller acquisitions, but the argument on the other side of this and i was looking through, a lot of analysts don't like this deal. some hate, some are neutral on it and they're angle on this is, well, the customer bases, the core customer bases of a broadcom and a ca are slooactuay similar, when you're looking at the way they're doing data transport and the importance of data software to these customers. argument being if you're selling to the same customers they'll be able to save in the sales force as they try t

there has been a few transactions that have an approved. .anks purchase of toshiba for some reason they transaction. for us it is about moving forward. >> qualcomm had legal disputes with apple and samsung. how is your relationship with them? rick: our relationship with qualcomm is fine. there would have been a huge opportunity to create powerhouse going slower, but we do not have that now. for us, we have a bright future. we are the leading semiconductors into the automotive industry. to make driving safer appeared we facilitate the ability to drive connect did devices, which will be 75 billion by 2025, triple what it is today. to govide unique to elegy through application processors to be able to use the machine learning at artificial intelligence to put it to work. yvonne: that was ceo and president of nxp semiconductor. coming up, why bank of america merrill lynch said why yen appreciation is not at a tipping point. also about the yen, where it goes next with the boj meeting. we will talk more about that with the head of asia rates and ethics strategy. this is bloomberg. ♪ ramy: wel

. >> and the other reason is they need to do due process they're treading carefully they need toshiba careful and do things officially. >> 1$180 million is also on the line this is les's compensation, right? >> that's his exit package >> if you were to quit, he doesn't get it if he were to get fired, he doesn't get it >> fired for cause >> has there been broached conversation about a settlement? >> there are folks who believe the chances for a settlement have increased since friday. if i were a betting person, i would say that's the most likely outcome. >> if you're betting, how does this end will you slow walk the situation to the last possible second or do you think someone is trying to figure out how to find a resolution to this ffrnlg we see >> if we see a drum beat, more women and more issues, that would be a factor. look for a settlement in august maybe. >> thank you >>> one of the biggest minds on wall street sounding off on a what he thinks are the biggest risks to the economy >> it's trade if the skirmish becomes more of a war. i would say the reversal of qe, i don't want to

the memory chip business is controlled by very few companies, toshiba, micron, samsung. place ins not have any that, but they are trying to. there was a good story in the new york times where they talked about that as the contest. different from the broader beijing level decisions, they have said you can't build these products in china for now. go? where does this what is this mean for micron? the right they have to appeal and work around the story, but in the meantime, they are cut off. has seen the court decision. they don't know exactly what they are not allowed to sell or where they are not allowed to sell it to micron is down 8% right now. beare seeing it is going to the thing that affects an increasingly number of american companies. chips are not easy to innovate, it is the start of something which is going to carry forward. not knowing where you stand means you have nothing to fight. tois hard to fight a shadow if you pen something down, then there is something you can argue and shout about. this shadow boxing makes it hard for companies to act, react, and adapt