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Speaker 1: News when you want it With Bloomberg News Now, I'm

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Speaker 1: in Calleggi. Elon Musk is apparently exploring the use of

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Speaker 1: blockchain technology at the Department of Government Efficiency to reduce

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Speaker 1: costs and increase transparency. We get more from Bloomberg's Denise Pellegrini.

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Speaker 2: Sources say that Musk's team has met with representatives of

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Speaker 2: various public blockchains to evaluate their technology and discuss potential uses,

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Speaker 2: including tracking federal spending and securing data. Years ago, a

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Speaker 2: bunch of large companies, including Walmart, launched blockchain efforts. They

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Speaker 2: used private blockchains that didn't make the transactions publicly viewable.

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Speaker 2: Most of those blockchain efforts, though, were hard to govern

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Speaker 2: installed and turn out not to be cheaper than other

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Speaker 2: databases either. Denise Pellgreey Bloomberg Radio.

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Speaker 1: President Donald Trump ended a bided administration hold in supplying

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Speaker 1: two thousand pound bombs to Israel and called on Egypt

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Speaker 1: and Jordan to accept more Palestinian refugees following the devastation

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Speaker 1: of the conflict in Gaza. The decision on the bombs

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Speaker 1: is in line with Trump's pledges on the campaign trail

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Speaker 1: and since assuming the presidency to provide Israel with the

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Speaker 1: resources it says it needs to win the conflict. When

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Speaker 1: pressed by reporters on his reason for the decision, Trump

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Speaker 1: said because they bought them under Biden. The US pause

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Speaker 1: delivery of about thirty five hundred bombs to Israel, including

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Speaker 1: the two thousand pound explosives in May, in a bid

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Speaker 1: to limit civilian casualties in the densely packed city of

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Speaker 1: Rafa during Israel's military campaign against Hamas in Gaza. Israel's

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Speaker 1: military says it won't complete its withdrawal from southern Lebanon

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Speaker 1: by Sunday, as outlined in its ceasefire agreement with Hasbeala militants.

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Speaker 1: The confirmation came Saturday, while another fragile ceasefire between Israel

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Speaker 1: and the Hamas militant group saw his second release of

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Speaker 1: hostages from Gazam and Palestinian prisoners from Israeli custody. The

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Speaker 1: ceasefire deal four Lebanon gave both sides sixty days to

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Speaker 1: remove their forces from southern Lebanon and for the Lebanese

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Speaker 1: army to move in and secure the area. Israel says

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Speaker 1: Hesbela and the Lebanese army have it met their obligations.

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Speaker 1: While Lebanon accuses the Israeli army of hindering the Lebanese

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Speaker 1: military from taking over. President Trump reiterated his pledge to

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Speaker 1: eliminate taxes on income from tips as part of a

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Speaker 1: freewheeling rally in Las Vegas, where the hospitality and service

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Speaker 1: industry is dominant. The other worker relies on tipped income.

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Speaker 1: Your tips will be one years for black. Trump spoke

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Speaker 1: in Nevada at an event intended as a victory lap

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Speaker 1: and a critical swing state that he won on his

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Speaker 1: way to his second term. Trump first promised to secure

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Speaker 1: tax free tips in Las Vegas in a bid to

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Speaker 1: appeal to hospitality industry workers. The proposal is one of

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Speaker 1: many tax initiatives Trump campaigned on, setting the stage for

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Speaker 1: a whirlwind legislative stretch. Trump has also pitched lowering the

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Speaker 1: corporate rate, ending taxes on social security benefits, exempting overtime

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Speaker 1: pay from taxation, and raising the cap on state and

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Speaker 1: local tax deductions, all on top of renewing expiring breaks

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Speaker 1: from his landmark twenty seventeen package. Speaker of the House

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Speaker 1: Mike Johnson said Saturday that he has invited President Trump

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Speaker 1: to deliver his first joint address to Congress of his

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Speaker 1: second term on Tuesday, March fourth. Los Angeles is bracing

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Speaker 1: for potential landslides and dangerous runoff near recent wildfires as

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Speaker 1: Southern California prepares for its first significant rains in spring.

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Speaker 1: A slow moving weather system packing moisture from the Pacific

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Speaker 1: Ocean is expected to descend on southern California Saturday, bringing

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Speaker 1: as much as two inches of rain to the drought

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Speaker 1: stricken region by Monday night. Though it will relieve wildfire risk,

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Speaker 1: forecasters are warning the system could set off thunderstorms and

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Speaker 1: heavy downpours overnight Sunday into Monday, which could trigger sudden

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Speaker 1: slides near newly burned areas. The National Weather Service has

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Speaker 1: issued a floodwatch for Malibu, Pacific Palisades, and Pasadena beginning

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Speaker 1: at four pm local times Sunday, which will extend through

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Speaker 1: late Monday afternoon. Obsolete apps like flappy Bird and yeo

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Speaker 1: hearken back to its when Silicon Valley wasn't so fraught.

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Speaker 1: The case for keeping dead apps around on your phone.

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Speaker 1: You can read all about it in Bloomberg's weekend edition,

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Speaker 1: exploring the places where finance, life and culture meet. Find

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Speaker 1: it now on Bloomberg dot com in the Bloomberg Business app.

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

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Speaker 1: I'm Mad Kleggi, and this is Bloomberg