1 00:00:01,240 --> 00:00:05,119 Speaker 1: News when you want it with Bloomberg News Now, i'mde kutleggy. 2 00:00:05,480 --> 00:00:08,240 Speaker 1: Teams of engineers are working on the intricate process of 3 00:00:08,240 --> 00:00:11,880 Speaker 1: cutting and lifting the first section of twisted steel from 4 00:00:11,880 --> 00:00:15,520 Speaker 1: the collapse Francis Scott Key Bridge in Maryland. The bridge 5 00:00:15,520 --> 00:00:19,000 Speaker 1: crumpled into the Patapsco River Tuesday after a massive cargo 6 00:00:19,120 --> 00:00:22,720 Speaker 1: ship crashed into one of its main supports. Sparks could 7 00:00:22,720 --> 00:00:25,760 Speaker 1: be seen flying from a section of bent and crumpled steel. 8 00:00:25,880 --> 00:00:29,280 Speaker 1: Saturday afternoon, the US Coast Guard confirmed that work has 9 00:00:29,400 --> 00:00:32,760 Speaker 1: started to remove a section of the toppled structure. Coastguard 10 00:00:32,760 --> 00:00:36,640 Speaker 1: Rear Admiral Shennon Gilraith said Saturday that crews are carefully 11 00:00:36,680 --> 00:00:39,600 Speaker 1: measuring and cutting the steel from the broken bridge before 12 00:00:39,640 --> 00:00:42,159 Speaker 1: attaching straps so it can be lifted onto a barge 13 00:00:42,320 --> 00:00:45,920 Speaker 1: and floated away. Seven floating cranes, including a massive one 14 00:00:46,000 --> 00:00:49,960 Speaker 1: capable of lifting one thousand tons, as well as ten tugboats, 15 00:00:50,080 --> 00:00:53,760 Speaker 1: nine barches, eight salvage vessels, and five Coastguard boats are 16 00:00:53,800 --> 00:00:57,240 Speaker 1: on site in the water southeast of Baltimore, Maryland. Governor 17 00:00:57,240 --> 00:01:01,040 Speaker 1: Westmore said each movement affects what happens next and ultimately 18 00:01:01,120 --> 00:01:03,880 Speaker 1: how long it will take to remove all the debris 19 00:01:03,920 --> 00:01:06,959 Speaker 1: and reopen the ship channel on the blocked port of Baltimore. 20 00:01:07,680 --> 00:01:12,720 Speaker 1: The anti climactic presidential primary season continues. President Joe Biden 21 00:01:12,760 --> 00:01:16,480 Speaker 1: has won North Dakota's Democratic presidential primary. The state party 22 00:01:16,480 --> 00:01:19,200 Speaker 1: on Saturday announced the results of the mostly mail in primary. 23 00:01:19,600 --> 00:01:23,080 Speaker 1: The party began circulating ballots in February to voters who 24 00:01:23,160 --> 00:01:27,279 Speaker 1: asked for them. Biden's victory was virtually assured, though seven 25 00:01:27,440 --> 00:01:31,240 Speaker 1: other candidates were on the primary ballot. Former President Donald 26 00:01:31,280 --> 00:01:35,559 Speaker 1: Trump won the North Dakota Republican Party's March fourth presidential caucuses, 27 00:01:35,920 --> 00:01:39,679 Speaker 1: taking all twenty nine delegates. Biden and Trump have already 28 00:01:39,720 --> 00:01:43,280 Speaker 1: secured enough delegates for their party's nominations, lining up the 29 00:01:43,319 --> 00:01:48,280 Speaker 1: first presidential rematch election since nineteen fifty six. And international 30 00:01:48,400 --> 00:01:51,200 Speaker 1: charity says a three ship convoy has left a port 31 00:01:51,240 --> 00:01:53,960 Speaker 1: in Cyprus to deliver four hundred tons of food and 32 00:01:54,000 --> 00:01:58,200 Speaker 1: other supplies to Gaza as concerns about hunger sore. World 33 00:01:58,320 --> 00:02:01,480 Speaker 1: Central Kitchen said. The vessels and a barge are carrying 34 00:02:01,520 --> 00:02:05,360 Speaker 1: ready to eat items like rice, pasta, flour, leagomes, canned 35 00:02:05,440 --> 00:02:08,720 Speaker 1: vegetables and proteins. The charity said that's enough to prepare 36 00:02:08,760 --> 00:02:11,640 Speaker 1: more than one million meals. It also has a ship 37 00:02:11,680 --> 00:02:14,720 Speaker 1: mint of dates provided by the United Arab Emirates. Dates 38 00:02:14,760 --> 00:02:17,799 Speaker 1: are traditionally eaten to break the daily fast during the 39 00:02:17,800 --> 00:02:21,440 Speaker 1: holy month of Ramadan. A ship inaugurated the direct sea 40 00:02:21,520 --> 00:02:24,760 Speaker 1: route to the Palestinian territory earlier this month with two 41 00:02:24,800 --> 00:02:27,720 Speaker 1: hundred tons of food, water, and other aid. The United 42 00:02:27,760 --> 00:02:30,280 Speaker 1: Nations and partners have warned that famine could occur and 43 00:02:30,360 --> 00:02:34,720 Speaker 1: devastated largely isolated northern Gaza as early as this month. 44 00:02:35,200 --> 00:02:38,400 Speaker 1: It'll be a busy week for economic data ahead, combinating 45 00:02:38,400 --> 00:02:42,080 Speaker 1: with the March jobs report. Bloomberg's Karen Moscow has more. 46 00:02:42,280 --> 00:02:44,920 Speaker 2: The employment report for March is out on Friday, and 47 00:02:44,960 --> 00:02:47,440 Speaker 2: it could show non farm payrolls fell to two hundred 48 00:02:47,480 --> 00:02:49,799 Speaker 2: and sixteen thousand, as well as a slight decline in 49 00:02:49,800 --> 00:02:52,440 Speaker 2: the unemployment rate to three point eight percent. We begin 50 00:02:52,520 --> 00:02:55,160 Speaker 2: the week with a look at ISM manufacturing on Monday. 51 00:02:55,400 --> 00:02:58,320 Speaker 2: Tuesday is a jul jobs report, as well as factory 52 00:02:58,400 --> 00:03:00,960 Speaker 2: orders and durable goods orders. Wednesday we get a look 53 00:03:01,000 --> 00:03:03,919 Speaker 2: at private pay rolls from ADP Research Institute, as well 54 00:03:03,960 --> 00:03:07,760 Speaker 2: as the ISM Services Index, and Thursday it's the trade 55 00:03:07,760 --> 00:03:11,160 Speaker 2: balance and the weekly report on initial jobless claims. Karen 56 00:03:11,240 --> 00:03:12,960 Speaker 2: Moscow Bloomberg Radio. 57 00:03:13,080 --> 00:03:16,920 Speaker 1: Crypto's social media firm is getting some attention this weekend. 58 00:03:17,200 --> 00:03:19,960 Speaker 1: Bloomberg's Denise Pellegrini explains why. 59 00:03:19,760 --> 00:03:22,840 Speaker 3: We're hearing that a developer of software for decentralized social 60 00:03:22,880 --> 00:03:26,760 Speaker 3: media networks, founded by two former coinbased global execs, is 61 00:03:26,800 --> 00:03:29,840 Speaker 3: now close to completing a funding round valuing the company 62 00:03:29,880 --> 00:03:33,200 Speaker 3: at about a billion dollars. And sources say the crypto 63 00:03:33,240 --> 00:03:36,440 Speaker 3: investment firm Paradigm is leading the investment into Los Angeles 64 00:03:36,520 --> 00:03:40,400 Speaker 3: based Merkele Manufactory, and they say mercle software underpins the 65 00:03:40,560 --> 00:03:44,600 Speaker 3: Parcasters social media network. Merkel has two main products, the 66 00:03:44,640 --> 00:03:48,560 Speaker 3: Farcaster protocol with a blockchain component and Warpcast that's an 67 00:03:48,560 --> 00:03:51,520 Speaker 3: app built on top of Farcaster similar to the social 68 00:03:51,560 --> 00:03:55,400 Speaker 3: media platform x and the Farcaster ecosystem is also introduced 69 00:03:55,400 --> 00:03:58,480 Speaker 3: a feature called frames. It gives developers a window to 70 00:03:58,640 --> 00:04:02,120 Speaker 3: display functionality of a external apps without forcing users to 71 00:04:02,160 --> 00:04:06,200 Speaker 3: click away from warpcasts. Interestingly, developers are using the frames 72 00:04:06,240 --> 00:04:08,839 Speaker 3: feature to run poles, play chests, and even to mint 73 00:04:08,880 --> 00:04:12,480 Speaker 3: non fungible tokens. The block Research says the number of 74 00:04:12,560 --> 00:04:16,760 Speaker 3: daily active users on the Forcaster network jumped after that introduction. 75 00:04:17,160 --> 00:04:19,240 Speaker 3: Denise Pelgrity Bloomberg Radio and. 76 00:04:19,240 --> 00:04:23,960 Speaker 1: More accusations are being leveled against the largest social media platforms. 77 00:04:24,000 --> 00:04:26,120 Speaker 1: Bloomberg's Nazy Lions reports. 78 00:04:26,560 --> 00:04:29,919 Speaker 4: Schools in some of Canada's largest cities are the latest 79 00:04:29,920 --> 00:04:33,760 Speaker 4: to file suit against the companies behind Facebook, TikTok, and Snapchat, 80 00:04:34,240 --> 00:04:37,800 Speaker 4: saying the platforms are harming children. The suit claims the 81 00:04:37,800 --> 00:04:42,240 Speaker 4: companies deliberately target children with products designed to create compulsive behavior, 82 00:04:42,760 --> 00:04:45,920 Speaker 4: causing disruption in the classroom and making kids more vulnerable 83 00:04:46,000 --> 00:04:50,120 Speaker 4: to sexual abuse and exploitation. Similar claims have been made 84 00:04:50,120 --> 00:04:54,880 Speaker 4: by hundreds of US school districts. I'm Nancy Lions Bloomberg Radio. 85 00:04:54,800 --> 00:04:57,920 Speaker 1: And that's news when you want it with Bloomberg News. Now, 86 00:04:58,120 --> 00:05:01,200 Speaker 1: I'm in Kleggi and this is Bloomberg