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Speaker 1: News when you want It With Bloomberg News Now I

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Speaker 1: made Kaleggi. Elon Musk will dispatch a DOGE team to Parkersburg,

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Speaker 1: West Virginia next week, where it will gain read only

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Speaker 1: access to the US government's central accounting system. This according

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Speaker 1: to a source familiar with the effort. The plan visit

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Speaker 1: opens a new window into some of the government's most

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Speaker 1: sensitive financial data. It comes after a federal judge restricted

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Speaker 1: Musk's cost cutting teams access to Treasury's payment systems earlier

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Speaker 1: this week in a lawsuit brought by unions at a

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Speaker 1: retiree group concerned about privacy. Musk, the billionaire entrepreneur and

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Speaker 1: now close advisor to President Trump, has sought direct access

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Speaker 1: to federal data systems as part of his new role

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Speaker 1: as head of the so called Department of Government Efficiency.

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Speaker 1: Elon Musk says he is not interested in buying Chinese

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Speaker 1: own TikTok. We get more on this from Bloomberg's Denise Pellegrini.

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Speaker 2: Musk says he has not put in a bit for

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Speaker 2: TikTok and doesn't have any plans for what he would

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Speaker 2: do if he had it. A mid security concerns US

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Speaker 2: lawmakers have been China and the popular social media app

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Speaker 2: in the US, arget owner Bike Dance to sell it

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Speaker 2: at a conference hosted by the billionaire chief executive German

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Speaker 2: media conglomerate Axel Springer. Mosco also said buying Twitter now

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Speaker 2: X was an exception, and he says he usually prefers

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Speaker 2: building his own companies from scratch. President Trump, on his

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Speaker 2: first day in office, signed in executive order that temporarily

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Speaker 2: halted a for sale or shutdown of TikTok, Denise, Pelgritty

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Speaker 2: Bloomberg Radio.

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Speaker 1: An earthquake with a magnitude of seven point six shook

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Speaker 1: the Caribbean Sea southwest of Cayman Islands on Saturday this

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Speaker 1: According to the United States Geological Survey, the quake struck

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Speaker 1: at six twenty three pm local time and had a

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Speaker 1: depth of six miles. Its epicenter was located one hundred

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Speaker 1: and thirty miles south southwest of Georgetown and the Cayman Islands.

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Speaker 1: The US National Tsunami Warning Center SETI. Tsunami was not expected.

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Speaker 1: Elliot's Investment Management has built a significant stake in BP, this,

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Speaker 1: according to people familiar with the matter, as the British

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Speaker 1: oil major struggles to win back investor confidence and reverse

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Speaker 1: years of underperformance. The activist fund is seeking to boost

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Speaker 1: shareholder value by pushing the company to consider transformative measures.

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Speaker 1: Of the people said this asking not to be identified

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Speaker 1: because the discussions are a private Elliott believes BP is

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Speaker 1: significantly undervalued and its performance is disappointing. The exact size

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Speaker 1: of the stake could not be immediately learned. Representatives for

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Speaker 1: Elliot and BP declined to comment. Sony says it's still

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Speaker 1: working to resolve an issue with its PlayStation network that

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Speaker 1: has left thousands of players unable to sign on or

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Speaker 1: stream games for most of Saturday. Down detector data showed

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Speaker 1: users of popular titles such as Call of Duty and

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Speaker 1: Fortnite began reporting out AGI since Friday. At one stage,

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Speaker 1: the number of PlayStation incident reports reached over fourteen thousand.

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Speaker 1: Israel and Hamas conducted yet another exchange of prisoners and

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Speaker 1: hostages Saturday, as part of a ceasefire agreement that has

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Speaker 1: paused sixteen months of war in Gaza. Hamas released three

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Speaker 1: civilian Israelis and Israel released one hundred and eighty three

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Speaker 1: Palestinian prisoners. It was the fifth of hostages for prisoners

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Speaker 1: since the ceasefire began January nineteenth, twenty one hostages and

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Speaker 1: more than seven hundred and thirty Palestinian prisoners have now

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Speaker 1: been freed. Texas Governor Greg Abbott is quite bullish when

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Speaker 1: it comes to Elon Musk's work with DOGE.

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Speaker 3: He's going to have success in the government sector like

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Speaker 3: he has in the private sector. One thing we desperately

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Speaker 3: need in our country is to shrink government. The government

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Speaker 3: has grown too large, and one way to save money

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Speaker 3: for taxpayers and make government more efficient is to do

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Speaker 3: exactly what Elon is doing, and I think most Americans

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Speaker 3: are very proud of what he's accomplishing.

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Speaker 1: You can catch our full interview with Texas Governor Greg

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Speaker 1: Gabbott on the Bloomberg Podcast channel on YouTube. Treasury Secretary

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Speaker 1: Scott Besson said the US continues to have a strong

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Speaker 1: dollar policy under President Trump.

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Speaker 4: First of all, the strong dollar policy is completely intact

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Speaker 4: with President Trump, and I'm very happy at his Economic

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Speaker 4: Club of New York speech in August when he reemphasized

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Speaker 4: the importance of maintaining the dollar reserve currency status.

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Speaker 1: During his recent campaign, Trump criticized the exchange rate appreciation,

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Speaker 1: yet he has also vowed to maintain the Greenback's dominant

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Speaker 1: global role in favors policies economists and strategists see as

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Speaker 1: boosting its value. You can hear our full interview with

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Speaker 1: Treasury Secretary Scott Bessant on the latest episode of The

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Speaker 1: Big Take podcast. The White House says President Trump will

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Speaker 1: attend Sunday Super Bowl game in New Orleans between the

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Speaker 1: Philadelphia Eagles and the Kansas City Chiefs. It will mark

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Speaker 1: the first time as sitting president has attended the Super Bowl.

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Speaker 1: That's news when you want it with Bloomberg News now,

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Speaker 1: I mean, Kleggy, this is Bloomberg