1 00:00:01,320 --> 00:00:03,400 Speaker 1: News when you want it. With Bloomberg News Now, I'm 2 00:00:03,440 --> 00:00:07,120 Speaker 1: Doug Chrisner. The White House is defending the Pentagon's handling 3 00:00:07,240 --> 00:00:10,560 Speaker 1: of a September attack on an alleged drug running boat. 4 00:00:10,880 --> 00:00:14,800 Speaker 1: The administration is also denying that Defense Secretary Pete Hegseth 5 00:00:14,840 --> 00:00:18,120 Speaker 1: had given the order to kill everyone on board, and 6 00:00:18,280 --> 00:00:21,200 Speaker 1: at the same time, Congressional lawmakers from both parties have 7 00:00:21,320 --> 00:00:25,280 Speaker 1: launched reviews of these strikes. Here is Tim Burchett, Republican 8 00:00:25,360 --> 00:00:26,680 Speaker 1: Congressman from Tennessee. 9 00:00:27,120 --> 00:00:30,360 Speaker 2: I'm sure we'll have multiple hearings on this, but his 10 00:00:30,600 --> 00:00:33,560 Speaker 2: usual Congress center either party doesn't do a whole heck 11 00:00:33,600 --> 00:00:36,040 Speaker 2: of a lot. We'll probably write somebody a strong letter 12 00:00:36,080 --> 00:00:39,800 Speaker 2: and we'll bring some people in on both sides. I'll 13 00:00:40,040 --> 00:00:42,839 Speaker 2: pair up against each other. But the reality is Congress 14 00:00:42,880 --> 00:00:43,800 Speaker 2: isn't going to do anything. 15 00:00:43,880 --> 00:00:48,200 Speaker 1: That is Tim Burchett, Republican Congressman from Tennessee. In Hong Kong, 16 00:00:48,280 --> 00:00:51,519 Speaker 1: authorities say they found the deadly fire at an apartment 17 00:00:51,600 --> 00:00:56,840 Speaker 1: complex was accelerated by cheaper, substandard netting used by workers 18 00:00:56,840 --> 00:01:01,040 Speaker 1: to evade government testing. Police and the Independent Commission against 19 00:01:01,080 --> 00:01:05,080 Speaker 1: Corruption have so far arrested thirteen people in connection with 20 00:01:05,120 --> 00:01:08,240 Speaker 1: the fire, Hong Kong Chief Executive John Lee says, an 21 00:01:08,319 --> 00:01:11,840 Speaker 1: independent committee will be established to investigate the cause of 22 00:01:11,880 --> 00:01:12,319 Speaker 1: the fire. 23 00:01:12,720 --> 00:01:15,120 Speaker 3: We will make sure that that those who are responsible 24 00:01:15,160 --> 00:01:20,360 Speaker 3: will have to bear the legal responsibility. I ask for 25 00:01:20,480 --> 00:01:25,120 Speaker 3: a sorrow investigation, and we should turn our anger and 26 00:01:25,240 --> 00:01:32,080 Speaker 3: sorrow into power of reform. We have to hold those 27 00:01:33,120 --> 00:01:37,840 Speaker 3: responsible accountable. We have to expose the truth. We have 28 00:01:37,959 --> 00:01:41,360 Speaker 3: to do everyone justice. We have to make sure that 29 00:01:41,640 --> 00:01:44,440 Speaker 3: the disease can rest in peace and that we can 30 00:01:44,480 --> 00:01:46,360 Speaker 3: give a peace of mind to those who survive. 31 00:01:47,280 --> 00:01:50,680 Speaker 1: That was John Lee, Hong Kong's chief executive. The death 32 00:01:50,720 --> 00:01:53,120 Speaker 1: toll from this fire has risen to one hundred and 33 00:01:53,280 --> 00:01:56,600 Speaker 1: fifty one. Netflix has made a mostly cash offer for 34 00:01:56,800 --> 00:02:00,600 Speaker 1: Warner Brothers Discovery in a second round of bidding. We're 35 00:02:00,600 --> 00:02:03,320 Speaker 1: told Netflix is working on a bridge loan that totals 36 00:02:03,360 --> 00:02:07,000 Speaker 1: tens of billions of dollars. Here is Bloomberg's Chris pal Mary. 37 00:02:07,280 --> 00:02:09,520 Speaker 4: Yeah, we definitely are hearing that they're edging a little 38 00:02:09,560 --> 00:02:12,359 Speaker 4: bit closer to that thirty dollars number, depending on how 39 00:02:12,360 --> 00:02:15,680 Speaker 4: you value things. Big surprise here that we reported was 40 00:02:15,720 --> 00:02:19,480 Speaker 4: that the Netflix offers mostly cash because Netflix's stock has 41 00:02:19,520 --> 00:02:22,440 Speaker 4: been doing terrific in recent years, A lot of people 42 00:02:22,480 --> 00:02:27,840 Speaker 4: expected to use that as a currency, and apparently they 43 00:02:27,880 --> 00:02:30,000 Speaker 4: feel more confident paying cash. 44 00:02:30,080 --> 00:02:33,440 Speaker 1: That was Bloomberg's Chris Paul Mary. Now Paramount, sky Dance 45 00:02:33,520 --> 00:02:36,480 Speaker 1: and Comcast are also making bids, and we are told 46 00:02:36,520 --> 00:02:40,720 Speaker 1: their bankers worked on improved offers over the Thanksgiving weekend. Now, 47 00:02:40,800 --> 00:02:44,280 Speaker 1: Netflix and Comcast are only interested in the Warner Brothers 48 00:02:44,320 --> 00:02:47,679 Speaker 1: studio and the HBO Max streaming service. By the way, 49 00:02:47,720 --> 00:02:50,240 Speaker 1: these offers are binding, and that means the board of 50 00:02:50,280 --> 00:02:53,080 Speaker 1: Warner Brothers is in a position to sign off on 51 00:02:53,160 --> 00:02:56,079 Speaker 1: a deal quickly if its goals are met. The head 52 00:02:56,080 --> 00:02:59,560 Speaker 1: of Apple's artificial intelligence unit is stepping down. The company 53 00:02:59,560 --> 00:03:03,920 Speaker 1: says Gandrea is exiting his job as Senior VP of 54 00:03:04,000 --> 00:03:07,280 Speaker 1: Machine Learning and AI Strategy. He will leave the company 55 00:03:07,520 --> 00:03:11,160 Speaker 1: entirely in the spring after a period of transition. In 56 00:03:11,280 --> 00:03:14,120 Speaker 1: Vidia is investing two billion dollars in the chip design 57 00:03:14,240 --> 00:03:17,760 Speaker 1: software maker Synopsis. This is part of a broader engineering 58 00:03:17,840 --> 00:03:21,360 Speaker 1: and design tie up aimed at infusing in Vidia's AI 59 00:03:21,440 --> 00:03:25,800 Speaker 1: computing technology into more industries. Now, these companies will deploy 60 00:03:26,000 --> 00:03:30,120 Speaker 1: AI agents and work on joint marketing. Here as Bloomberg's 61 00:03:30,240 --> 00:03:30,800 Speaker 1: ed Ludlow. 62 00:03:31,160 --> 00:03:35,880 Speaker 5: Synopsis makes the software by which chips are designed, but 63 00:03:35,960 --> 00:03:38,480 Speaker 5: also validated, So before you send a chip through the 64 00:03:38,520 --> 00:03:41,040 Speaker 5: fab to be manufactured, you want to know that that 65 00:03:41,160 --> 00:03:43,640 Speaker 5: design works. And that's a big part of what Synopsis 66 00:03:43,640 --> 00:03:46,800 Speaker 5: does with all kinds of tech companies, and so part 67 00:03:46,800 --> 00:03:49,040 Speaker 5: of the interpretation of why is in Vidia doing this 68 00:03:49,240 --> 00:03:52,760 Speaker 5: is it's a sales channel, because Synopsis is basically saying, 69 00:03:53,080 --> 00:03:55,880 Speaker 5: imagine how good our software would be if it was 70 00:03:56,000 --> 00:04:01,080 Speaker 5: underpinned by Videa's GPUs and in Vidia's catalog ofat. 71 00:04:00,480 --> 00:04:03,600 Speaker 1: Bloomberg sed Ludlow. Their shares in Nvidia were up today 72 00:04:03,640 --> 00:04:07,520 Speaker 1: by one point six percent. US Special Envoy Steve Whitkoff, 73 00:04:07,720 --> 00:04:10,680 Speaker 1: together with President Trump's son in law, Jared Kushner, are 74 00:04:10,720 --> 00:04:13,440 Speaker 1: set to be in Moscow this week to iron out 75 00:04:13,480 --> 00:04:17,080 Speaker 1: a peace deal to end Russia's war in Ukraine now. Yesterday, 76 00:04:17,120 --> 00:04:21,440 Speaker 1: American and Ukrainian officials met in Florida. US Secretary of 77 00:04:21,480 --> 00:04:24,520 Speaker 1: State Marco Rubio said talks were productive, but he said 78 00:04:24,680 --> 00:04:27,839 Speaker 1: more work needs to be done. We got some perspective 79 00:04:27,880 --> 00:04:30,760 Speaker 1: from retired Lieutenant Colonel Alexander Vidman. 80 00:04:31,440 --> 00:04:35,400 Speaker 6: I've never seen anything quite so chaotic as this iterative 81 00:04:35,440 --> 00:04:42,039 Speaker 6: process to attempt a peace negotiation. Sometimes it looks reminiscent 82 00:04:42,040 --> 00:04:47,760 Speaker 6: of Shuttle diplomacy. You got some statesmen going between Moscow 83 00:04:47,800 --> 00:04:52,400 Speaker 6: and Kiev or other capitals. But what you don't have, 84 00:04:52,680 --> 00:04:55,240 Speaker 6: and what's Evan and president in this one, is you 85 00:04:55,279 --> 00:04:59,120 Speaker 6: don't have for folks that have no competence negotiating, folks 86 00:04:59,160 --> 00:05:01,520 Speaker 6: that don't actually I have a formal role in government, 87 00:05:01,560 --> 00:05:02,480 Speaker 6: like Jared Kushner. 88 00:05:02,640 --> 00:05:07,000 Speaker 1: That was retired Lieutenant Colonel Alexander Vidman. Also today, Ukrainian 89 00:05:07,040 --> 00:05:11,040 Speaker 1: President Volodomir Zelensky rallied European support in Paris as he 90 00:05:11,080 --> 00:05:14,880 Speaker 1: met with French President Emmanuel Macron. Zelensky said there are 91 00:05:14,960 --> 00:05:18,520 Speaker 1: improvements in the proposal, although there are still tough issues 92 00:05:18,760 --> 00:05:21,479 Speaker 1: that have to be worked out with Washington. The Trump 93 00:05:21,520 --> 00:05:26,000 Speaker 1: administration reportedly fired eight immigration judges in New York City 94 00:05:26,000 --> 00:05:29,600 Speaker 1: on Monday. These firings followed an earlier round of job 95 00:05:29,680 --> 00:05:33,040 Speaker 1: cuts in New York immigration courts. The New York Times 96 00:05:33,040 --> 00:05:36,520 Speaker 1: reports the firings are part of a broader disruption across 97 00:05:36,560 --> 00:05:40,719 Speaker 1: the country as the president seeks to accelerate deportations. Now. 98 00:05:40,760 --> 00:05:45,000 Speaker 1: Before Monday, about ninety immigration judges had been fired this year. 99 00:05:45,080 --> 00:05:48,760 Speaker 1: Across the US, including six in New York City, and 100 00:05:48,920 --> 00:05:52,200 Speaker 1: according to the Times, the judges who were fired earlier 101 00:05:52,240 --> 00:05:56,000 Speaker 1: this year suggested the administration was targeting judges who were 102 00:05:56,040 --> 00:05:59,880 Speaker 1: considered too lenient, and they also suggested the administration was 103 00:06:00,080 --> 00:06:02,880 Speaker 1: trying to create a feeling of fear. And that is 104 00:06:03,000 --> 00:06:05,400 Speaker 1: news when you want it with Bloomberg News. Now, I'm 105 00:06:05,480 --> 00:06:07,120 Speaker 1: Doug prisoner, and this is Bloomberg