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Speaker 1: Good morning.

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Speaker 2: I'm Nathan Hager and I'm Karen Moscow. Here are the

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Speaker 2: stories we're following today.

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Speaker 3: We begin with the drama surrounding the highly anticipated decision

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Speaker 3: into the United States first exchange traded fund tied directly

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Speaker 3: to bitcoin. We get the latest from Bloomberg's John Tucker. John,

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Speaker 3: what's the latest, Nathan?

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Speaker 4: You're going to add this to the long list of

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Speaker 4: twists and turns in the ten plus year effort to

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Speaker 4: bring a spot bitcoin to EDF to market. Somebody hacked

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Speaker 4: the ex account of the Securities and Exchange Commission. It

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Speaker 4: made a false posts the SEC had approved a Bitcoin ETF.

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Speaker 4: The agency quickly denied any approval and said its ex

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Speaker 4: account had been compromised. The false post on the SEC's

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Speaker 4: X account was up for a number of minutes before

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Speaker 4: the agency clarified it was inaccurate, But in that period

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Speaker 4: Bitcoin posted a jump to almost forty eight thousand dollars

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Speaker 4: before falling back to forty five thousand. About a dozen

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Speaker 4: companies have applied to listingts back by bitcoin in the US.

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Speaker 4: The SEC has until today to take action at least

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Speaker 4: in one of those applications. I'm John Tucker, Bloomberg radio.

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Speaker 2: All right, John, thank you well. Now we want to

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Speaker 2: get the latest on the grounded Boeing seven thirty seven

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Speaker 2: Max nine. The planemaker CEO Dave Calhoun says the company

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Speaker 2: will have to face its own shortcomings as it deals

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Speaker 2: with the door plug belowout on last week's Alaska Airlines flight.

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Speaker 5: We're going to approach this number one acknowledging our mistake.

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Speaker 5: We are going to approach it with one hundred percent

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Speaker 5: in complete transparency every step of the way. We're going

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Speaker 5: to work with the NTSB, who is investigating the accident itself,

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Speaker 5: to find out what the weak cause is. I have

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Speaker 5: a long experience with this group. They're as good as

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Speaker 5: it gets.

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Speaker 2: And Boeing CEO Dave Calhoun fought back tears as he

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Speaker 2: addressed an all hands meeting on the incident. Alaska and

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Speaker 2: United Airlines say they've discovered more Max nine jets with

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Speaker 2: loose bulls after the FAA ordered the model grounded formally.

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Speaker 2: Inspections still have not yet begun.

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Speaker 3: All right, Keren, Well, let's turn to politics now. A

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Speaker 3: federal appeals court appears skeptical of Donald Trump's claim that

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Speaker 3: he's immune from prosecution on charges that he illegally tried

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Speaker 3: to overturn the twenty twenty election. Bloomberg's Amy Morris reports

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Speaker 3: from Washington.

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Speaker 6: The former president was in the courtroom during the hearing

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Speaker 6: when Appeals Court Judge Florence pen asked a Trump lawyer

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Speaker 6: whether a president would be immune for having taken a

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Speaker 6: bribe or ordering Seal Team six to murder a political rival.

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Speaker 6: Trump's legal team responded that the president would have to

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Speaker 6: be impeached and convicted first. At a press conference after

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Speaker 6: the hearing, Trump said that denying him immunity would cause

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Speaker 6: quote bedlam in the country. Trump is also expected to

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Speaker 6: sit in on a hearing tomorrow in his civil fraud

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Speaker 6: case in New York. In Washington, Amy Morris Bloomberg Radio.

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Speaker 2: All right, Amy, thanks, so we're learning more about the

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Speaker 2: hospitalization of Defense Secretary Lloyd Austin and the lapse in

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Speaker 2: communication regarding his whereabouts. Austin had prostate cancer surgery on

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Speaker 2: December twenty second, and was re admitted to the hospital

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Speaker 2: on New Year's Day because of complications. National Security Council

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Speaker 2: spokesperson John Kirby explained the timeline surrounding Austin's condition and

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Speaker 2: when the president knew about it.

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Speaker 7: He was not informed until last Friday that Secretary Austin

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Speaker 7: was in the hospital. He was not informed until this

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Speaker 7: morning that the root cause of that hospitalization was prostate cancer.

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Speaker 2: National Security Council spokesperson John Kirby, the White House has

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Speaker 2: announced a review of proto calls around Cabinet secretaries who

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Speaker 2: are unreasonable or incapacitated.

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Speaker 3: Well, another cabinet secretary, Secretary of State Anthony Blincoln, is

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Speaker 3: still in the Middle East, Karen. He meets today with

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Speaker 3: Palestinian President Mahmoud Abbas in Tel Aviv. Yesterday, Blincoln said

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Speaker 3: Israel must stop undercutting Palestinian governance and rein in settler violence.

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Speaker 8: Israel must stop taking steps that undercut Palestin's ability to

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Speaker 8: govern themselves effectively extrame the settler violence carried out with impunity.

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Speaker 8: Settlement expansion, demolitions, evictions all make it harder, not easier,

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Speaker 8: for Israel to achieve lasting.

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Speaker 3: Piece and a Secretary blinkn has met with the leaders

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Speaker 3: of Saudi Arabia, Jordan, Cattter, the United Arab Emirates, and

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Speaker 3: Turkey during his latest Middle East trip.

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Speaker 2: Well, Nathan, we want to get back to the markets

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Speaker 2: and update you on a story we told you about yesterday,

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Speaker 2: It is now official. Hewlett Packard Enterprise has agreed to

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Speaker 2: buy Juniper Networks for fourteen billion dollars. The maker of

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Speaker 2: data center hardware will pay forty dollars to share in

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Speaker 2: cash for Juniper. That price represents more than half of

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Speaker 2: HPE's twenty one billion dollar market value and a thirty

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Speaker 2: two percent premium over Juniper's closing price before talks of

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Speaker 2: a deal emerged.

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Speaker 3: Sticking with the tech theme, Karen Ces the Consumer Technology

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Speaker 3: Association's annual trade show of all Things Tech is underway

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Speaker 3: in Las Vegas, and Bloomberg Technology reporter Ed Ludlow is

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Speaker 3: covering the show for.

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Speaker 9: US Day one at cs Las Vegas. The theme is

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Speaker 9: definitely AI everything. Take, for example, Walmart, a big box retailer,

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Speaker 9: but putting a lot of emphasis on a new generative

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Speaker 9: AI search tool in the Walmart app on iOS only.

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Speaker 9: Instead of searching for a specific item, the generative AI

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Speaker 9: search allows you to look for an event or a theme.

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Speaker 9: Then there's a kind of mainstay announcement. What was interesting

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Speaker 9: is Google and Amazon both went after Apple's airplay, So

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Speaker 9: in Google's case, they're working on the ability to cast

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Speaker 9: video from an Android smartphone to a TV. Amazon actually

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Speaker 9: want to step further. They developed technology where you can

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Speaker 9: stream video from either an Android phone or an iOS

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Speaker 9: or iPhone to Amazon's own TV hardware. Ed Ludlow for

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Speaker 9: Bloomberg News in Las Vegas, Nevada.

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Speaker 2: All right, Ed, thank you well. I did mention Amazon

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Speaker 2: and they are also making news this morning at a

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Speaker 2: different front. Bloomberg News has learned Amazon's live streaming site

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Speaker 2: Twitch is poised to get thirty five percent of its staff,

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Speaker 2: and that's about five hundred workers. Time now for a

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Speaker 2: look at some of the other stories making news around

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Speaker 2: the world, and for that we're joined by Bloomberg's Amy

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Speaker 2: Morris Samy.

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Speaker 6: Good morning, Good morning, Kieren. More than forty states are

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Speaker 6: under blizzard, wind, snow or flood alerts. Winter storms continue

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Speaker 6: to blanket the country. Bloomberg meteorologist Robed Carolyn.

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Speaker 10: Significant storm system that spent the last twenty four hours

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Speaker 10: wreaking havoc from the Great Lakes to the Gulf Coast.

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Speaker 10: Now lifting out of the northeast. The worst of the

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Speaker 10: weather of this morning across eastern portions of New England,

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Speaker 10: but we'll still see snow on the backside of the

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Speaker 10: system from Michigan into parts of the Ohio and Tennessee

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Speaker 10: River valleys. Scattered showers are possible over Virginia and the Carolinas.

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Speaker 10: The heavy rain, though in north in New England, should end,

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Speaker 10: as should the snow, but windy conditions will continue from

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Speaker 10: the mid Atlantic into the Northeast today.

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Speaker 6: Bloomberg Meteorologist Rob Carolyn said at Republican leaders say Congress,

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Speaker 6: we'll need another temporary spending measure to avoid a partial

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Speaker 6: government shut down in ten days. How's Republican Matt Rosendale

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Speaker 6: of Montana tells ABC he does not support the bipartisan

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Speaker 6: compromise on spending.

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Speaker 11: Cast we're still looking at about one point six trillion

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Speaker 11: dollars spend in discretionary spending, and we're going to be

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Speaker 11: holding a press conference with members of the House and

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Speaker 11: Senate saying that we are more concerned with securing our

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Speaker 11: southern border and making sure that that is taken care

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Speaker 11: of than we are in writing another check to Joe

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Speaker 11: Biden to continue his agenda, and.

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Speaker 6: The Senate Republican John Thune says they will need a

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Speaker 6: stopgap measure to march. Minority leader Mitch McConnell acknowledged there's

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Speaker 6: just not enough time to resolve lingering spending differences before

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Speaker 6: the deadline.

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Speaker 12: We need to prevent a government shutdown, and so the

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Speaker 12: obvious question is how long does the cr need to

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Speaker 12: be And that'll be up to the Majority leader and

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Speaker 12: the Speaker to determine the links at.

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Speaker 6: How Speaker Mike Johnson has said he will not bring

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Speaker 6: a continuing resolution to the floor for a vote. Vice

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Speaker 6: President Kamala Harris was back in Atlanta for a roundtable

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Speaker 6: discussion on protecting voting rights.

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Speaker 13: We have seen in the state of Georgia by example

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Speaker 13: of what is happening in the country, anti voter law

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Speaker 13: laws that have limited dropboxes made it illegal to even

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Speaker 13: provide food and water to people standing in line, often

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Speaker 13: for hours.

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Speaker 6: Vice President Harris met with city and state leaders near

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Speaker 6: the Georgia Tech Campus. Global news twenty four hours a

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Speaker 6: day and whenever you want it with Bloomberg News. Now

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Speaker 6: I Amy Morris in this is Bloomberg Karen.

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Speaker 2: All right, Amy, thank you well. We do bring you

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Speaker 2: news throughout the day right here on Bloomberg Radio, much

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Speaker 2: as Amy said, but now also as she said, you

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Speaker 2: can get the latest news on demand whenever you want it.

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Speaker 2: You just subscribe to Bloomberg News Now to get the

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Speaker 2: latest headlines of the click of a button, you can

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Speaker 2: get informed on your schedule. You can listen and subscribe

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Speaker 2: to Bloomberg News Now on the Bloomberg Business app, Bloomberg

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Speaker 2: dot com plus Apple, Spotify, and anywhere else you get

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Speaker 2: your podcasts. Well, and it's time now for the Bloomberg

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Speaker 2: Sports Update. Here's John stash Hour John Karn.

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Speaker 14: Just two years ago, Mike Rabel was the NFL the

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Speaker 14: year he coached the Tennessee Titans to the AFC Championship

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Speaker 14: game back in twenty nineteen. But after four straight winning seasons,

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Speaker 14: two seasons under five hundred six to eleven, this past

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Speaker 14: year and the Titans have fired dray Ball, and that

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Speaker 14: immediately begins seculation that he could become the new coach

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Speaker 14: of the New England Patriots, assuming Bill Belichick departs. Raybell

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Speaker 14: played for the Patriots for eight years, won three Super Bowls.

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Speaker 14: The biggest underdog of Wildcard Weekend the Pittsburgh Steelers. They

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Speaker 14: have to go play red hot Buffalo, and the Steelers

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Speaker 14: won't have their best defensive player, TJ Wantt out with

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Speaker 14: a knee injury. Mason Rudolph will be their quarterback, and

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Speaker 14: he was the third string QB for much of this season.

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Speaker 14: Tyrese Haliburton has the strained hamstring injury, but it could

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Speaker 14: have been worse. He's gonna miss only a couple of weeks.

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Speaker 14: Haliburton averaging twenty four points the game. He leads the

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Speaker 14: NBA in assists. The next have won five straight since

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Speaker 14: they made that trade with Toronto. They blew out Portland.

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Speaker 14: The Lakers top Toronto by one. Anthony Davis scored forty one.

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Speaker 14: Memphis just lost John Moran for the season, but had

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Speaker 14: to win at Dallas's Desmond Main score thirty two. Minnesota

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Speaker 14: improving to twenty six and ten with a win in Orlando,

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Speaker 14: Detroit falling to three and thirty four. The Pistons blown

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Speaker 14: out by Sacramento. Perdue, number one in the college basketball

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Speaker 14: lost at Nebraska Huskers, beating number one for the first

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Speaker 14: time in forty one years, and second rank Houston, who

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Speaker 14: was undefeated, was upset by Iowa State. John Stanshower Bloomberg.

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Speaker 15: Sports from coast to coast, from New York to San Francisco,

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Speaker 15: Boston to Washington, DC, nationwide on Sirius exam. The Bloomberg

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Speaker 15: Business app in Bloomberg dot com. This is Bloomberg Daybreak.

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Speaker 3: Good morning, I'm Nathan Hager. As we still wait for

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Speaker 3: a decision from the Securities at Exchange Commission on approvals

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Speaker 3: for the first spot bitcoin ETFs. Investors briefly thought that

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Speaker 3: decision was made yesterday, only to find out the SEC's

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Speaker 3: social media had been hacked. New questions about security at

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Speaker 3: the agency tasked with ensuring the security of your investments.

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Speaker 3: Bloomberg's Crity Gupta is here with us now. To call

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Speaker 3: this an embarrassment for the SEC seems like it might

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Speaker 3: be understating things.

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Speaker 16: Yeah, it's a really interesting and almost ironic situation that

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Speaker 16: you see from the SEC and of course a lot

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Speaker 16: of these bitcoin issuers, because at its core of the

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Speaker 16: concern about this ETF was simply this idea that bitcoin

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Speaker 16: is a very volatile asset. It's a decentralized asset, it's

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Speaker 16: a hard to track asset, and that means that if

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Speaker 16: you start to create a vehicle, in this case, an

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Speaker 16: ETF that allows the masses and the general public easier

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Speaker 16: access to this volatile cryptocurrency, basically, what might the repercussions

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Speaker 16: of that be.

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Speaker 17: Cybersecurity was one of them. Hacking was one of them.

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Speaker 16: So it's only kind of ironic on a day where,

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Speaker 16: or I guess the day before, where largely the expectation

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Speaker 16: was that the SEC would actually give some sort of approval.

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Speaker 16: That expectation also shared, by the way, by our Bloomberg

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Speaker 16: Intelligence ETF team, that this is exactly how it all

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Speaker 16: plays out on by the way, a social media platform

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Speaker 16: owned by Elon Musk, who himself.

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Speaker 17: Has been quite an advocate for the cryptocurrency.

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Speaker 3: And he's also been at loggerheads with SEC chairman Gary

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Speaker 3: Gensler in the past, not just about crypto but about

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Speaker 3: his own trying to get Tesla to go private. We

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Speaker 3: remember that four to twenty tweet a while back, and

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Speaker 3: the history that Elon Musk has with the SEC.

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Speaker 16: Yeah, and ironically, the SEC is now going to be

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Speaker 16: investigating themselves for the idea of simply did the call

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Speaker 16: kind of come from inside the house at the end

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Speaker 16: of the day, because it's been investigated from the social

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Speaker 16: media platform from ex's perspective about the actual hack itself,

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Speaker 16: and it's been found out that it's actually wasn't a

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Speaker 16: flaw in the platform itself. In fact, someone got a

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Speaker 16: home hold of a number associated with the account. Because

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Speaker 16: the account did have two factor verification, they were able

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Speaker 16: to post something like this. But now there's a big

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Speaker 16: question about whether that person or that individual or the

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Speaker 16: organization was within the SEC. And for that ironically, again,

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Speaker 16: the SEC now investigating themselves for market manipulation because it

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Speaker 16: did move billions of dollars in cryptocurrency.

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Speaker 3: Yeah, it's more than just an irony. It's raising a

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Speaker 3: lot of questions about a security in and of itself

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Speaker 3: within the SEC. Does this affect the timeline for whatever

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Speaker 3: the SEC is going to decide about bigcoin ETFs to

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Speaker 3: have this kind of hiccup, So.

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Speaker 17: The expectation is that it shouldn't affect the timeline.

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Speaker 16: So by the end of today, basically we should get

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Speaker 16: an actual decision by the SEC about whether they or

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Speaker 16: not they approved or at least make a decision on

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Speaker 16: at least one of the etf that a filed. Remember

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Speaker 16: we have I believe six that are currently the attention

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Speaker 16: is on. It could paved the way for plenty more

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Speaker 16: after that, So it shouldn't change the timeline. If it does, however,

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Speaker 16: it would be one to mark for the history books,

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Speaker 16: because never in history of the SEC's approval process for

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Speaker 16: ETF regardless of whether it's a Bitcoin ETF or just

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Speaker 16: a different kind of asset class. Do they reject ETF

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Speaker 16: this late in the process. And that's why you start

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Speaker 16: to see a lot of the consensus again, including Bloomberg

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Speaker 16: Intelligence saying that this ETF process for Bitcoin should be

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Speaker 16: a no brainer simply because they wouldn't have let it

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Speaker 16: get this far if approval wasn't.

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Speaker 17: In the cards.

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Speaker 3: Is this going to raise questions about the approval process itself?

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Speaker 3: To have this kind of question raised about what when

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Speaker 3: the approval happened? After seeing that Errent tweet yesterday, I think.

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Speaker 16: It won't necessarily change the approval process because this was

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Speaker 16: something that the SEC has been very outfront about, very

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Speaker 16: transparent about about their concerns about Bitcoin in particular. I

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Speaker 16: think it might create a little bit more of a

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Speaker 16: hesitancy on the investor standpoint, because this was supposed to

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Speaker 16: be the moment where you kind of let open the

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Speaker 16: floodgates for a lot of people to get that easier

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Speaker 16: access to cryptocurrency and more easily included in their portfolios.

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Speaker 16: But that might now be met with a little bit

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Speaker 16: more hesitancy because it reups, a lot of those issues

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Speaker 16: of security, who's behind it, who's involved, and frankly, the

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Speaker 16: fact that it is a decentralized currency and you can't

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Speaker 16: track it, which is why it's so hard, even in

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Speaker 16: this particular scenario to say who is behind this the

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Speaker 16: cyber attack.

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