China Bans Government Purchase of Luxury Goods

China will prohibit government agencies from buying luxury goods starting Oct. 1, Xinhua News Agency said.
Is Virtual Reality the Next Mega-Trend in Tech?
54:44 - Piper Jaffray's Gene Munster and Canaan Partners' Maha Ibrahim discuss the future of virtual reality with Bloomberg Businessweek's Brad Stone on "Bloomberg West." (Source: Bloomberg)
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