. >> what does this say about the u.s. tech market which just a few weeks ago, their analysts saying a tech bubble had burst and a lot have been recovered just the last few weeks? at the you look argument, one of the big things we have been noting is the rate of growth. tech, it isat china projected to grow twice as fast over the next 12 months and when you look at the valuations, they are higher. expect and atou the same time, they are pretty much in line -- these violations are in line with what effect over the last 10 years. perspectivetion don't look too stretched. >> apple is heavily weighted here. what role does apple play in the overall sentiment of the tech sector? a game changing week. what comes out is the iphone x is not dead are at it as one of the best-selling phones out there and they're going through a massive product cycle. it is a huge boost for the market. but at facebook. you have apple. netflix, google. this is one where i think the tech earnings are really going to put more gasoline over the coming weeks an

as it goes down as it has been recently, u.s. tech stocks are cheaper. by this measure, u.s. tocks are the cheapest relative to their european peers in 11 months going back to june of 2017. we know they have been concerns about growth and negative headlines about data privacy and the threat of government regulation driving the negative sentiment, but the correction we have seen earlier this year has been thinking that they are priced in already and any kind of regulation would be a long way off. in the meantime, we have seen hacking away at the appeal and attractiveness of european stocks did not look like they were months ago. joe: i will say something really obnoxious. i cannot even come up with the european tech stock in my head. i know the american ones and a lot of the big asian ones and i am blogging on what these are. scarlet: that is a good point. and a lot of people were saying europe could not partake it was not many big names. joe: i guess i am not alone. here is a chart data. one of my favorite relationships wasshares of caterpillar shares of emerging-market stocks

one of them is preventing the chinese from buying u.s. tech companies.utely important you. >> see a big change from this president and the prior president, don't you? >> certainly is. and especially when it comes to china. because the president has his views about the way the chinese have been operating. he's been talking about this stuff for a very long time, even before people started talking about him as a presidential candidate. the thing i'm concerned about, mark, is he has some people in his cabinet who want to go back to the old way of doing things with china. you know trying to encourage and entice them into the international system. sounds good to the ear but hasn't worked. mark: which cabinet member? >> my wife doesn't want me to name them. but i'll tell you there's a treasury secretary his name is steve mnuchin. mark: he's a weak link, i'm sorry, i agree. >> yeah. mark: he's not an ultraweak link but weak enough, i agree, that is a problem. there's more the treasury department could be doing in terms of china. we'll be right back. this is bill

whatsapp it says then making uses consent to the new terms by threatening to delete their accounts the u.s. tech giants could face half the fines they have whole departments to look after that what about small businesses your headdress a bookshop will plummet there on the internet too same rules apply they're worried about complying with the hundreds of pages of regulations understanding it all is a headache. stuffed of paper. of the new e.u. data rules have chamber of crafts president stumped as this one part of course is heavy stuff and e.u. commission a very euro vote tells us to keep cool the flood of information is more confusing than helpful the law wasn't really aimed at trades people. for brussels to create here that applies equally to social media giants as it does to small workshops and it's two hundred fifty six pages thick that's one page for every working day of the year and it takes you all your time just to work out what they're after our members are completely overwhelmed. i rose because it was. the law was passed some time ago and in theory trades people have had two years to wo

aggressive privacy rules in europe today, could mean huge fines like u.s. techompanies like facebook, google and apple and you may own shares. dow 56 in the premarket, nasdaq up 26 and a half, we versal hopefully today. we will be right back. prepare for your demise, mr. billingsley! do your worst, doctor. i will. but first, a little presentation. hijacking earth's geothermal energy supply. phase 1. choosing the right drill bit. as long as evil villains reveal their plans, you can count on geico saving folks money. fifteen minutes could save you fifteen percent or more on car insurance. if thifor under you think a $34,000 looks like... ...think again... ...and...again. the 2018 cla and gla, both starting at under $34,000. lease the cla250 for $319 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. cheryl: hawaii's kilauea volcano growing nor ferocious by the day and seems no end in sight. third lava flow is pouring into the pacific ocean off of hawaii's big island while helicopters remain on standby to rescue residents whose escaped

says they have making uses consent to their new jobs by threatening to delete their accounts the u.s. tech giants could face hefty fines but they have whole departments to look after that sort of stuff what about small businesses headdress of books up. there along the internet to same rules apply but they're worried about complying with the hundreds of pages of regulations just understanding it all is a major challenge. a stack of paper. of the new e.u. data rules have doris chamber of cross president stumped because it's from the heart of course it's heavy stuff from the commission a very robust tells us to keep cool the flood of information is more confusing than helpful the law wasn't really aimed at trades people. for brussels to create here that applies equally to social media giants as it does to small workshops and it's two hundred fifty six pages thick that's one page for every working day of the year and it takes you all your time just to work out what they're after our members are completely overwhelmed. hydros forward because it was. the law was passed some time ago and in theor

and u.s. tech company apple has shelved its plans for an eight hundred fifty million euro data center in islands county galway the company's sites and ongoing three year court battle with conservationists as the reason the activists were concerned about the environmental impact on the irish countryside the company planned the datacenter to occupy nearly one hundred seventy thousand square metres including forest land apples promises to make good any damage done and to power the center with renewable energy could not save the project in the. business for now going to hand you back over to phil for more news i've. used to know at least forty two people are dead and many more missing after a dam burst in kenya's rift valley on wednesday evening homes were swept away as water rushed down a hillside from the dam and submerged a two kilometer area kenya had previously been suffering from severe drought because of r.t. said seasonal rains have now overwhelmed the parched land and burst the down. weeks of

u.s.. new tech companies want to go public.yesterday that there will likely trade here in june. the ridesharing company could compare later this year. the payments are for alibaba of course but today it is about good doctor. health care and technology. we are about to get to the banking of the gunk -- banging of the g we haveo 30 millionng. monthly active users right now isbloomberg intelligence saying that that will probably need to triple to of -- 100 million in order to quadruple sales by 2020. the key is getting those active monthly users up. yvonne: that is a very key metric there. certainly, a lot of excitement. a lot of appeal to investors on this ipo. what is the effect of this and why is it so appealing to investors? >> i think this story here is basically a health care story. the good thing about this company is set they are incubating a lot of these arms. basically, they are creating an ecosystem within the company. by itself, it already has 160 million customers. feed on a for them to lot of the traffic to the docto

we're live from the milton global conference where i'm joined by the u.s. tech or terry -- u.s.ury secretary steven mnuchin. you have been talking to a lot of people here about heading off to china. you'll be looking for what from the chinese? is this their last chance to prevent tariffs? mr. mnuchin: i'm looking forward to very frank discussions on the trade issues and continue the discussions to see if we can reach a mutual solution to this. the good news is, president trump and president xi, since mar-a-lago, have been talking about the trade imbalance. president xi acknowledged that the objective is to have a more balanced trading relationship. i think they have a close relationship and i'm going over there with our economic team to see what we can get. emily: if i was listening to what you just described, it will be you, u.s. trade representative's, and heater navarre -- peter navarro. mr. mnuchin: and larry kudlow and secretary ross. emily: should i be listening to you -- stephanie: should i be listening to you? mr. mnuchin: you should be listening to all of us. i would sa

implement china for buying u.s. tech which comes june 20th. >> what is the overall strategy? is there consistency to it? it looks like ala carte. >> that's a good analogy. we were told there was a framework for dealing with china, at least. then the new tariffs came out a couple days ago. there is concern about what is the framework and how does this all fit together? maybe wilbur ross has a strategy. ahead, stuff great movies are made of. this one was real. a reporter faked his own death to avoid assassination. you won't believe the one person he did not tell. that's next. ahh... s r is g. d it's time t. pack in even more adventure with audible. with the largest selection of audiobooks. audible lets you follow plot twists off the beaten track. or discover magic when you hit the open road. with the free audible app, your stories go wherever you do. and for just $14.95 a month you get a credit, good for any audiobook. if you don't like it exchange it any time. no questions asked. you can also roll your credits to the next month if you don't use them. so take audible with you t

u.s. president wants to rescue the chinese tech giant that he set out to destroy republicans are baffled about the pledge investors hope this will ease trade tensions also coming up with the u.s. pulling out of the iran deal russia china and europe all want to feel good business for you but what cost. on the french rail such strike saga continues in just got worse all the french government buckle under the pressure of commuter chaos. this is your business update on how the humphrey in berlin learned you could join me talk about eight earn around after banning american supplies from doing business with the chinese tech giant u.s. president donald trump now says he wants to save the company it relies heavily on tech made in the usa trump says he's instructed officials to come up with a rescue plan saying too many jobs are risks with the pledge of a rescue plan has sparked consternation from lawmakers from both sides of the political spectrum most of all though it's raised the question why. just one month ago things looked pretty grim for a chinese phone maker z.t. had to be denied access to amer

u.s. president wants to rescue the chinese tech giant that he set out to destroy. republicans a baffled about the pledge while the u.s. falls out of the deal russia china and europe will want to fill the business void and the french. continues. will the french government under the pressure of computer. stores and more on our website www dot com slash business see you again very soon. months long cheering also to play a. clip. of playbook looking for the white house live round is shaking no but no question about the flu is your favorite to live limit is about to bring them out. of the culpability of the entire country the chancellor conflict for the last sixty years to live for mines. global inequalities. what does inequality mean. to well. to the media. joining. the eighteen. w. diversity place. where the world of science is at home in many languages. on top of. our innovations magazine for in. the classroom every week and always looking to the future on d w dot com for science and research for a shot. you're tuned to tomorrow today coming up. self driving cars who'

that is where the big trade war may be, u.s. tech, because the advances china is making in ai are quite considerable. guy: andrew perry will stay with us. we will bring you stocks on the move, including carlsberg. it is up around .9%. this is bloomberg. ♪ ♪ let's take a look at stock movers for today. ap gaining, first quarter adjusted net beats estimates. cash flow was weaker than expected. and is something analysts investors are focused on in big oil. investors posting -- focusing on the positive. a little, heading higher. first-quarter revenue just missed estimates. analysts say it was mixed, but there were bright spots. it is losing market share in russia. british american tobacco downgraded to neutral from overweight. guy: thank you. up next, investors were all over this month's treasury selloff. why might that be good news for bulls? we will talk about that next. this is bloomberg. ♪ matt: 30 minutes into the trading day. let's get the top stories off the terminal. ansident trump extends exemption from steel and aluminum tariff

people are looking for ways to get -- the china tech play will be also based upon what's going on in u.s. techppreciate it. >> good to be here on a friday >>> let's wrap it up with the morning rbi. today we're talking big money. for the first time ever, asia now home to more billionaires than north america a new survey finds 787 billionaires in asia congratulations, asia. random but interesting have a great weekend your digestive system has billions of bacteria, but life can throw them off balance. try align, the #1 doctor recommended probiotic. with a unique strain that re-aligns your system. re-align yourself, with align. we're experts in connecting your advertising message to welcothe right audience.ight. we can connect to your audiences wherever they are and however they watch whether on their tv, laptop or mobile device. and to make sure they don't miss your message, we give you access to advertise on over fifty networks, sharing it on the hottest shows, digital sites, and mobile destinations. work with some of the best media experts in the business. get started at comcastspotlight.com. w

u.s. for selling high tech components to north korea and iran in violation of u.s. sanctions china's reaction you can say has been quite mild that north reiterated threats to impose retaliate carrots but they seem to have taken a sly dig at trumpet ministration and its propensity to flip flop on decisions saying they're surprised by the same time the decision is somewhat expected. a prominent russian journalist has been shot and killed at his apartment and ukraine . it was well known critical president that a man who said police and here said the forty one year old could have been targeted because of his job that's been reported left russia because he feared for his life or chalons has more from moscow. ukrainian police say that our caddie bob janko was found bleeding in his apartment by his wife he received several gunshot wounds and died on his way to the hospital ukrainian politicians says the gunman had been waiting in the stairwell of the building and shot but janko as he came back from a trip to the grocery store now this man was a journalist rights an activis

about eight earn around after banning american supplies from doing business with the chinese tech giant u.s. president donald trump now says he wants to save the company that relies heavily on tech made in the usa trump says he's instructed officials to come up with a rescue plan saying too many jobs are at risk with a pledge of a rescue plan has sparked consternation from lawmakers from both sides of the political spectrum most of all though it's raised the question why. just one month ago things looked pretty grim for a chinese phone maker is e.t.e. having the denied access to american suppliers it was forced to halt its core operations then out of the blue came out tweets that could be itself vacation after engineering the company's demise donald trump pledged to help c.t.e. showing an on president a concern for chinese jobs. unsurprisingly the chinese government was swift to voice its approval saying it thought quote highly of the development that left u.s. commerce secretary wilbur ross with the tricky task of explaining the u. turn. c t i did do some inappropriate things they've admit

every single u.s. techirm is going to be facing a gdpr, these are essentially general rules and practices that the european regulators expect any tech company with users, even if it is an american company, any tech company must follow these guidelines. it has simple, kind of practical applications such as the right to be forgotten. maybe you post something, you regret it, you want to take it down, you do have the right to delete that material. so mark zuckerberg pretty much stuck to the same script, let's call it that, that he used when he testified in front of d.c. we remember that early in april. year-to-date, doesn't seem like investors are too worried about facebook's ability to handle regulators on both sides of the water. if you look the stock year-to-date is up 25%. look at s&p 500, that is up 2.5%. but, today was really interesting because you know the whole format was very different in europe and brussels than what we saw in d.c. mark zuckerberg, made these opening comments. and then, basically he

trying to clamp down on the role that chinese firms will play in u.s. techrastructure that will make a settlement harder what we've seen is president xi making public appearance on chinese state media talking about the importance that china move to self-reliance in areas like semiconductors. they're worried about the u.s. cutting off firms like zte or huahi. so we're seeing china seeing these actions, decides it needs to dig in that much further, develop self reliance and that will squeeze u.s. tech firms this is a very difficult part of the dynamic we're in now >> is there a specific area where you're watching and you think they could actually put a win on the board here? >> on the u.s. side? >> yeah. >> i think it's really just are they going to be able to address the substance of the concerns. these are pressures that have been building for years. you have a president, a trade team and a business community that's cynical about how the relationship is working out for the united states. we're not looking for narrow wins the trump team wants to reset the rel

how else might this benefit u.s. tech companies? dan: i think part of it is it puts u.s.duction -- protection of strength, help them rescue zte, and i think it is one where qualcomm obviously the one that benefits specifically, on the one, but i think this is broader. it would be a significant step towards u.s.-china relations on the battlear inside royale. inhink some of those wars this step, if they are able to zteue the te here -- rescue here. i could have a positive ripple effect on two sides. yvonne: that raises the question of what the president will get in return for extending the lifelines is the te. will this be enough to appease the chinese and offer concessions when it comes to made in china train 25? dan: we think this is really essential. this is thing that you know, i think at first it was kind of background noise, but as the situation with zte has become dire, it is something that if it is successful, it will go a huge way going into the talks as well as with the north korea summit around the corner, then there will be a lot of dialogue between u.s. and chi

u.s. for selling high tech components to north korea and iran in violation of u.s. sanctions china's reaction you can say has been quite small they've not reiterated threats to impose retaliate carrots but they seem to have taken a sly dig at trumpet ministration and its propensity to flip flop on decisions saying they're surprised by the same time the decision is somewhat expected. germany has marked the twenty fifth anniversary of an arson attack that killed five turkish citizens two women and three children were killed in the fire bombing the assaults carried out by a group of young german men was considered one of the country's worst hate crimes chancellor angela merkel attended a memorial along with turkey's foreign minister. the view muslims go through in the suits and we especially have to protect those people who are the target of xenophobia racism and anti-semitism because the state has a special responsibility here we are very aware of that that's why it's indispensable that jim and security authorities do everything they can to prevent and clear up right

u.s. for selling high tech components to north korea and iran in violation of u.s. sanctions china's reaction you can say has been quite mild if not reiterated threats to impose retaliate carrots but they seem to have taken a sly take at trumpet ministration and its propensity to flip flop on decisions saying they're surprised by the same time the decision is somewhat expected. supporters of italy's populist five star movement have been protesting after the president vetoed its attempt to form a government with the far rights league on monday president sergio motorola appointed former i.m.f. official carlo quarterly as caretaker prime minister repeat elections may now be held as early as july that's totally fails to form a government john a whole reports. with financial markets on tenterhooks and the government to be elected technocrats being assembled supporters of the anti establishment. and. they're not prepared to stand by after their party has been formed a coalition with the far right leader was denied power on the weekend when president. rejected one of their

u.s. threatens turning into a trade war but at least they're talking. and the race for tech supremacy has the rivalry between the united states and china left europe in the dust forever i've been physical and let's do business trade tensions continue to rise between the globe's top to work on a mate's china is stepping up inspections of key u.s. imports like paul can cause terror frets from both sides hang over billions of dollars of goods that could spark a trade or now another high level delegation from beijing is visiting washington. he might feel like he has china in the palm of his hand u.s. president donald trump placed sanctions on chinese electronics giant z t that almost ruined them but now trump is promising to be more lenient and help them back into business provided china scrapped plans to impose sanctions on u.s. agricultural imports. it is well known that the present president wants to reduce the bilateral trade gap. i think the way you do that is for china to lower barriers across the board in the us export now and do it that also creates growth their growth k

is concerned about the security applications and access to u.s. tech.lot of moves going on in the currency markets as well. these weaker fixings we have seen, you could blame it on the stronger dollar, but these are pretty aggressive moves as well. tom: that is right. o analysts described this as an aggressive move. it comes on the back of these private sector pmi data, with exports suggesting we were seeing a softening export picture for china, likely as the result of these trade tensions, at least according to bloomberg economics. thisn this move -- you saw move to 3.67. that took some by surprise. merrill lynch saying you should expect further weakness, about 6.5 in the next two to three months. there is that expectation. of course you have the stronger u.s. dollar. you have seen the yuan strengthen. there is concern from policymakers they would like to give their export sector a bit of a let up. yvonne: it seems like more than a coincidence for now. tom mackenzie joining us from beijing as talks begin between u.s. and china. inflation in the spotlig

american companies that would be impacted by the decision to ban zte from buying components from u.s. techa result of these violations around sanctions on north korea and iran. companies like how come, who supply chips -- qualcomm, who supply chips. he seems to be playing the friends card, but also says the u.s. will not benefit if the ban continues over that period. he is asking the congress department review the punishment and penalties for it. president trump suggested there could be a fine of up to 1.3 billion u.s. dollars, there could be major changes at the board of the company. we will have to see how it plays out. steve mnuchin said they didn't want to, in washington, kill off the company. it has frozen off its operations until the operations are resolved. that in terms of demands from china to loosen restrictions of exports on technology to the u.s. from china, that was not on the table for negotiation. the democrats and republicans who were concerned by the andntial u turn around zte what it means for the focus on technology and china's role in trying to gain more of the technolo

europe has been left behind creating tech titans has so far proven the domain of the u.s. the china holding challenger status both countries have been able to take advantage of gigantic domestic markets targeted investment and the mastery of disruptive winner take all models that have allowed the likes of google and facebook to thrive . those are only two out of the five most valuable public companies in the world all tech companies from the u.s. . china's catch up strategy appears to be working its technology champions ten percent and are now both in the top ten european companies are nowhere to be seen amongst the global elite. but the seeming omnipotence of tech giants could be waning and it's europe bringing in. competition commissioner my plate of us tiger has pursued huge antitrust cases against silly called values biggest flop and billions in regulatory fines and starting next week europe's general data protection regulation or g d p r will require businesses to increase protections on the data of citizens europe's lead and regulation could be an opportunity for the

u.s. for selling high tech components to north korea and iran in violation of u.s. sanctions china's reaction you can say has been quite small that north reiterated threats to impose retaliate carrots but they seem to have taken a sly dig at trumpet ministration and its propensity to flip flop on decisions saying they're surprised by the same time the decision is somewhat expected. now sustainable living is a phrase you hear a lot these days but in one part of the u.s. state of florida it's becoming a natural reality an entirely solar powered city is taking shape and residents are already living a greener life when it's complete babcock ranch will be one of the biggest communities of its kind in the wild and again. in a state peppered with retirement villages and golf courses babcock ranch looks like just another new development however few communities have driverless buses or a powered entirely by the sun like this one this solar array is the largest of its kind in the world and will provide clean when you pull energy for years to come well this is the birth of a n

europe has been left behind creating tech titans has so far proven the domain of the u.s. china holding challenger status both countries have been able to take advantage of gigantic domestic markets targeted investment in the mastery of disruptive winner take all models that have allowed the likes of google and facebook to thrive. those are only two out of the five most valuable public companies in the world all tech companies from the u.s. . china's catch up strategy appears to be working its technology champions ten percent and are now both in the top ten european companies are nowhere to be seen amongst the global elite. but this you may i mean if the tense of tech giants could be waning and it's europe bringing in the new competition commissioner my plate of a stagger has pursued huge antitrust cases against silicon valley's biggest flop and billions in regulatory fines and starting next week europe's general data protection regulation or g d p r will require businesses to increase protections on the data of citizens europe's lead and regulation could be an opportunity

regulate big tech that's the theme data check research says breaking up or heavily regular lating u.s. techts is harmful. you come out in defense, nick, no one mement wants to defend te guys >> two facts, s&p 500 against the emerging markets index, neither have broken out higher than their highs >> you are saying that the u.s. market has done vastly better than europe in emerging markets since the crisis >> right essentially because of the growth in tech investors are already discounting a huge premium in tech because of the leadership the companies had and business model built for the future it's important to invest to hold the companies together from another standpoint, research and development standpoint, they spend north of $50 billion a year in aggregates on research and development, building ai and machine learning, facing competition we could talk about deregulation if there's no competition, but there's huge competition from china where the business model is different, work with the government, they get the data from the government to help build up the a.i. learning >> america would

you have i-shares u.s. tech fund and xlk.idelity tech fund all of them have a huge weighting in apple. after the bell earnings reaction for these etfs and others could have big ripple effects. back over to you. >> we will do so. watch it later. apple one of the few winners in the dow. let's send it over to sue herera. >> good morning everyone. here is what is happening at this hour. president trump says its disgraceful the questions the special counsel investigating wants to ask him were leaked to news media. "new york times" published nearly four dozen questions given to trump's attorneys. >>> abandoned high rise building caught fire and collapsed today sending chunks of fiery debris crashing into neighboring buildings. at least one person was killed and could be more casualties. >> thousands of greeks in a may day demonstration. museums were closed and public transport on reduced schedule because of the labor day protests. for the second day in a row dust storms causing train reaction traffic accidents in parts of eastern n

you worked for some big u.s. tech companies, consulting firms.ent to harvard business school. >> right. >> you had offered at places like facebook and google after graduated. >> yeah. >> why are you here? >> this is the future. i think ultimately, we are creating an economy in the technology industry which is going to spark a massive revolution on the continent. and i'm seeing it happen every day. so the impact we have, an impact i can have as an individual, is just so tangible and so meaningful being here. it's home. who doesn't want to change home? >> in 2016, the company got a $24 million infusion, led by facebook's mark zuckerberg. who followed up with a visit. >> and the whole room just erupts. people cannot believe it. and he actually stood in front of the group and addressed them. he told them, he said you guys are the future of technology. >> what does it mean to have the mark zuckerberg seal of approval? >> when you have someone who is probably considered the most important person in tech physically standing in your office telling you ab

today will be an opportunity for people the opportunity to hear directly from this is tetra tech, the u.s. navy, and the epa. members of the community are invited to attend and hear directly from all the players involved about what happened here. back to you guys. >> thank you, allie. >>> 6:38. a man from vacaville was shot and killed near the santa cruz boardwalk. santa cruz police tell us it happened in the boardwalk's parking lot where -- near second and cliff street. the man who died and three other people were in the car together. police say the victim was shot once in the torso. he was rushed to the hospital but died shortly thereafter. the other people in the car were also from vacaville. they are in custody. police say they recovered the gun but they are not saying if they know a motive for the shooting. >>> 6:30 a fire investigators looking for the cause of a five alarm house fire. one home was destroyed. three others were damaged. the fire moved through a line of cypress trees on cassidy street. the strong winds pushed the fire so fast, fire crews called and help from venetia, n

tech. france has had only three startups to achieve unicorn status, compared to 22 in the u.k., 105 in the u.sparis's tech industry is reinventing itself. there were a record 743 tech deals in 2017, growing by 45% in 2016. the total value of the deals also jumped nearly 50% from last year. meanwhile, the country is having to jumpstart innovation and investment for its biggest bet to date. station f, the world's largest start up campus. 366,000 square foot property opened up last summer with 8 spaces, for kitchens and one coffee shop with a pop up space. however, it will cost firms about $600,000 a year membership fee. so, has it been a success? that remains to be seen. but is continuing to expand program offers and companies, opening 100 share departments. ♪ emily: caroline hyde there, it was joining us now. you will be in paris this week am aware there are a couple of there are a couple of different tech conferences, including a big meeting with a number of different tech leaders and the french president. what do we know about the meetings, who will be there and what will they talk about? car

u.s. of china's tech acquisitions which the u.s. considers sensitive. but just export bans on gte corp. states. they make smart phones and selling around the world, a big recentlyd put on having to do with north korea sanctions, but they feel it is another way to get to china and will hurt their business. to lifta wants the u.s. a ban on integrated circuit exports to china from the united states. it is also interesting that the chinese, one of their disadvantages is they don't have a lot of trade exports. ministry handle peace talks but is not only get it central commission on economy and finance. they don't have a lot of trade lawyers or a robert lighthizer or chinese equivalent. this is something that is hampering them just a bit. on the economic information, china's commerce ministry is looking at cutting some tariffs on purchases of goods from the united states, the elderly culture and pharmaceutical items. this is something that maybe we are seeing on both sides, a little bit of tethering and moves along the edges that will help them to get to the table and say, maybe we can start

rotate into places where suddenly people become despondent >> or maybe it's just all down to the u.s. tech giants. all of the difference between our markets and theirs this whole recovery guys, thank you. michael, we'll see you shortly steve, thank you as well >>> got some news on the nfl it's issued a new policy on how it's going to deal with players and the national anthem this season eric chemi back at headquarters are that news. >> a couple hours ago the union unanimously -- i'm sorry not the union. the owners agreed to a new policy where if players come out on the 2350efield, they have ton for the anthem if they don't, their team will get fined. then the team could come up with other penalties for those players. and the commissioner could come up with other penalties for those players. but the players, they don't have to come out on the field if they want, they can stay in the locker room. so that's what the league is trying to do here. here's what commissioner roger goodell said about it earlier today. >> we've been very sensitive in making sure that we give players choices, but we d

u.s. is working to lift a crippling ban on chinese tech giant zte. >>> u.s. fell, bond market, ten-year treasury yield is at a seven-year high, raising concerns about rising inflation and interest rate hikes. >>> americans are shopping at walmart, both online and in person big time. walmart's overall sales grew last quarter. online sales jumped 33%. walmart working hard on its digital investments. part of a larger plan to shift perception of its brand. it wants to appeal to younger, wealthier customers, the kind that shop at amazon. >>> the royal wedding is tomorrow. and the wedding of prince harry and meghan markle could cost tens of millions of dollars beyond the price of the wedding itself. cleaning statues, fixing roads and, of course, security. that's expected this ring of steel of security around this event is expected to be $40 million. who is picking up the tab? well, you know, the royal family will pay for much of the wedding. uk taxpayers will shoulder much of the security costs and we're told megan markle will pay for her own dress. estimates from

all tech companies from the u.s.. china's catch-up strategy appears to be working.technology champions tencent and alibaba are in the top 10. european companies are nowhere to be seen amongst the global elite. but the seeming omnipotence can be waning, and it is europe raking it in. e.u. competition commissioner has pursued antitrust cases against silicon valley's biggest, slapping billions of regulatory fines, and starting next week, the general data protection regulation will require businesses to increase protections on e.u. citizens. europe's lead in regulation could be an opportunity for the content flagging tech industry if it means european companies get better at building socially responsible alternatives to today's big tex, but will they? reporter: over to brent now. merkel's say to macron, let me get back to you. brent: is there something real and they say there is merkel-macron magic at play? many are asking for that. she is doing her best to come up with a response to the e.u. reform proposals by emmanuel macron. she says a german answer will be ready in

last week its major operations had ceased after being banned for seven years from buying american tech. the u.saccused it of misleading regulators by continuing to do business with sanctioned iran and north korea. let's bring in our financial correspondent on wall street. why is a company which violated sanctions being supported by the very president who is talking tough when it comes to trade? >> it is certainly a very surprising move, especially as the u.s. president announced a ban a couple weeks ago for zte. it's crucial, not just because they depend on all those components made by u.s. companies, but also, zte is the fourth biggest seller of smartphones in the u.s. the u.s. is a crucial market for them. to some degree, it's good news for those manufacturers. now one of their clients might be safe. it's one of those typical examples of donald trump to play hardball to also get a better negotiation for other issues. >> good news for that company, but is this a -- can we say that this is a sign that trump is trying to avoid a trade war? >> let's wait and see, but at least it looks like donald

this is a big deal for u.s. techpanies, what they are going to say in eu, you to tell within 72 hours if your data has been breached each and every user. there's no u.s. law that requires that now. they also have to tell you how your data is being used, how they are selling their data, you can imagine more pop-ups on website screens. this is going to put the onus now on tech sector and companies like facebook to start disclosing way more to users than they ever had before. ashley: if you do not comply with the rules go in effect midnight of 24th which is next week, you will be fined 4% of your annual revenue. liz: for facebook 1.6 billion. we are talking billions of dollars. the eu is happy with slapping fines. i'm telling you, we have to watch for pressure on the tech sector here. ashley: we do. what's also interesting not only will zuckerberg meet with french president next week, the day after he goes to brussels but also meet with ceo's of intel, microsoft, there's one other in there. liz: ibm. ashley: thank you a

u.s. previously threatened tariffs on $150 billion worth of chinese goods. still unknown is the fate of zte. the chinese tech crippled after the u.s. banned it from buying u.s. parts. on the reversal from last week, president trump suggested saving it. mnuchin says there is no quid pro quo linking zte to a trade deal. it is not going easy on zte echoed by larry kudlow. >> if any remedies are altered, they will still be very, very tough. do not expect zte to get off scot free. ain't going to happen. >> zte faces punishment for violating u.s. sanctions and lying about disciplining the employees involved. >>> president madu rerro winnin another six-year term in venezuela. many countries, including the united states, echo the sham. stating we need venezuelan people running this country. a nation with so much to offer the world. ma maduro would be open with talks with quote the empire of the united states. >>> and a lot of talk about steph curry and his slump. ask the rockets about the slump. lindsay czarniak is here with the "bleacher report" and blowout. if you'd have told me three years ago... that we'd be dow

u.s. for selling high tech components to north korea and iran in violation of u.s. sanctions china's reaction you can say has been quite mild if not reiterated threats to impose retaliate carrots but they seem to have taken a sly take at trumpet ministration and its propensity to flip flop on decisions saying they're surprised by the same time the decision is somewhat expected. the u.s. t.v. comedy that was once praise for his portrayal of working families is now being canceled off the. the star of the show tweeted an offensive racist comment and chris expressed her regrets off to have tweet calls public outrage kristen salumi reports. it was hailed as a show for the times roseanne portrayed a working class white american family the kind that tended to vote for donald trump in the last election and touched on some of the tough political and social issues that currently divide americans what's a deplorable. but the a.b.c. network owned by the media giant disney pulled the plug on it just hours after its controversial star resume bar tweeted about a former official wh

u.s. for selling high tech components to north korea and iran in violation of u.s. sanctions china's reaction you can say has been quite. they've not reiterated threats to impose retaliate carrots but they seem to have taken a fly at trumpet ministration and its propensity to flip flops on to sessions saying they're surprised by the same time the decision is somewhat expected. now when hurricane maria hit the u.s. territory of puerto rico last september the local governor described it as the biggest catastrophe in the island's modern history and now a study contends that thousands more people died then the official government death toll of sixty four the researchers believe that at least four thousand six hundred people six hundred people rather were killed and when you take into account those who lost their lives due to fail years of medical and other infrastructure in the storm's aftermath in the days weeks and months that followed volts and power lines were still to be restored million suffered through a long blackout including patients in hospitals relying on re

u.s. for selling high tech components to north korea and iran in violation of u.s. sanctions china's reaction you can say has been quite mild if not reiterated threats to impose retaliate carrots but they seem to have taken a fly take at trumpet ministration and its propensity to flip flop on decisions saying they're surprised by the same time the decision is somewhat expected. more than one point two billion children are being robbed of their childhoods according to a new report by save the children a small hof of all the children in the world the report says three key factors are to blame for this conflict poverty or discrimination against girls most a hundred fifty three million children are living in twenty countries affected by all three threats these include somalia yemen afghanistan and south sudan. have all been reports from juba. fifteen year old mary kay then has only one dream to go to school and get a degree so when her family told her she will be married off so they can get money she ran away to an orphanage. and. my brother said they wanted to sell me