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tv   Bloomberg West  Bloomberg  December 4, 2014 11:00pm-11:31pm EST

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>> welcome to "bloomberg west." new jersey governor chris christie paid a visit to calgary urging approval of the keystone pipeline and a better relationship between canada and the united states. >> one of my main reasons for coming is to indicate the importance of friendship. america has to pay closer attention to its friends. the u.s.-canada relationship has to be a priority. christie's visit comes after
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the canadian government approved burger king's purchase of tim horton. uber just raise another $1.2 billion. uber has more than doubled its evaluation since june and is worth four times as much as other startups like airbnb and dropbox. stars isannel considering partnerships after failing to find a buyer. a person familiar with the matter says cbs, lions gate mike fox and amc. interested in keeping control in a deal that would give him tax benefits. is the turnaround strategy star and have an impact? yahoo! is on track to pass twitter as the number three
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company in mobile apps. extend to 3.7% of the market next year. edging out twitter but still way behind google and facebook. ceo mark's zuckerberg wants to bring internet to the poors from four -- from crowded towns in africa. we have an update on the partnership zuckerberg launched. i spoke with zuckerberg about his effort to connect the world beyond facebook. out that the biggest hurdle is in technical or affordability, it is the social challenge where the majority of people not connected are within range of a network and can afford it but don't know why they would want to use the internet. it makes sense if you think about it, if you never had a computer and never use the internet and someone asked if you would like to buy a data plan your problem -- your
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response would be what is a data plan? >> face back is a for-profit company, why call it .org? is this charity? >> if we were primarily focus on profits the most reasonable thing to do will be to focus on the first billion people using the product. numeral is not set up equally and the first billion people using facebook have way more money than the rest of the world combined. from a business perspective it does not make a huge amount of sense to put the emphasis that we are right now. the reason we are doing it is that we are here to connect the world and we take it seriously and to some degree you cannot do that if two thirds of the world does not have access to the internet. over the long-term it could be good for the company as well looking at a 30 year time horizon because these of economies will develop and over time they will be important. >> that was just a sneak peek of
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my exclusive interview with facebook ceo mark zuckerberg. stay tuned for more of our sit down as we discuss his ambitious goals. an exclusive interview with michael, dell's cofounder and ceo. he tells us about the future of the cloud and what he thinks of dell's competitors. ♪ >> i am emily chang and mrs.
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bloomberg west. it is been over a year's and shareholders approved of it to take company private. it seems the deal not only made some a lot of money but the business itself has rebounded.
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delco cofounder and ceo michael dell set them up or marketing presenter in an exclusive interview and eric started by asking about increasing competition in the cloud. >> you have to have a very efficient supply chain and you be relentless on cost and operational excellence business for sure. and you have to keep moving up the food chain in terms of jelly you add in software and services . >> you feel prepared for it? >> we are doing well and we've had a great year and we're energized to do that. we are 40 companies in last five or six years so we added tremendous ip in the the 15th largest software company in the world and grew over 20% last quarter so we're off and running. good artoft has been a of yours and hp's over the world. what if they moved your market.
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model thatsee is the is conventional wisdom is that the public cloud grows and anything else shrinks. i think something different is actually people don't want to the public cloud or the cloud they want the benefits of the cloud. so what is it, software that allows you to get better utilization from the shared tool of resources. what is actually happening is you are starting to see a new breed of software in these private data centers that is making them much more efficient and that efficiency over time is approaching the efficiency of the public cloud so if you go out there and talk to accompany 500 person or 1000 person and you say, what do you like about like the will i
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efficiency and the cost -- would you not like gecko i'm lori about security. i'm worried -- like? i'm worried about security. i'm worried about data being stolen. we are seeing real growth in the private cloud and you're seeing a lot of energy being applied by microsoft and vmware with the red hat and the number of new companies that we are partnered with. >> and their private enterprises to do the things that the public cloud offers. the sound like powerful trends, if you look into the future what do you see as the most disruptive technology, the thing that will change our lives as consumers and the thing that will change the course of history for companies? >> silicon costs are coming down dramatically and that is creating not one billion devices
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but one trillion devices. all kinds ofing new business model disruption beyond technology disruption. ,hink what uber and airbnb these are not technology innovations as much as they are business model disruption striven by the availability of technology and low-cost. that will continue and only accelerate. one billion to one trillion devices you have a enormous amounts of data and metadata has to be analyzed and interpreted and you have to do something with it and then you can enhance all kinds of businesses for better outcomes and notches businesses but health care education the etc..nment, energy, there is in a norse amount of opportunity in -- there is and
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enormous amount of opportunity in our sector. used to be just the big companies and now every company can't do anything without technology. small businesses are able to go global much more rapidly so the pie is expanding pretty significantly in our sector. there are only about 10 companies on the planet that have more than 1% of this $3 trillion market. we happen to have about 2% and we would like to have three part -- 3% or 4%. was michael dell the founder and ceo of dell. from the apple one to google search, silicon valley has taken a central role in innovation but is it responsible for the most innovative product in history? that is next. you can watch a streaming from home on your phone or tablet or tv. ♪ >> i'm emily chang and this is
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"bloomberg west." in 1947 researchers at bell labs invented the transistor. fast-forward 67 years and the rest is history. the microchip is not the most disruptive idea. bloomberg businessweek is celebrating its 80th anniversary with a list of the 85 most disruptive ideas in our history. i'm joined by the businessweek deputy editor. and cory johnson with us as well. give us the highlights. >> when we started working on ago,issue about one year
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we wanted to highlight ideas that have changed the business landscape but also innovation that is changed the way ordinary people lead their lives so a lot of the technological innovations that we highlight are obviously in many cases large multibillion dollar public companies but we really felt that the things that a been most disruptive and influential are those things that of truly changed the way the way people organize their lives and make them better. >> i love this list because it reminds you of all the things we take for granted like the birth --pill, said the guy to another guy. i also like the way you pulled up stories from the past like the company that invented powerpoint and filemaker back in the day. issomething like powerpoint
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an idea that no one knew would have the impact that it eventually came to have. as you said it was originally designed and only offered on macintosh and microsoft purchased it and suddenly it became the goto application in about any business meeting. we do point out that a lot of these ideas that are disruptive -- not necessarily powerpoint but they are not things that everybody feels have added the greatest benefit to their lives but they nevertheless change the way business operates and the way society works. you also, we throw this word innovation around ridiculously probably on the show in particular but will we talk to silicon valley we talk about innovation so much and i wonder when you took the time to
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look back if you saw things that were truly innovative and then look at things today and say -- that is just an and 1, that is not innovative. >> there are lots of things we considered putting on this list that fall exactly into that category. things that for a brief. of time death -- brief period of time were important and widely used but then something a replace it. >> like what? >> we talked about the fax machine. in some ways it was a very early form of social media. it was something that was used in most businesses and yet we found that over time it was technologyy other and ultimately replaced. the up and comers on the list, some companies we should be watching for future innovation. >> we have some young companies on this list, it is hard to believe in companies like
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facebook and twitter are not that old compared to some of the other ideas that populate our list. we believe the sharing economy is in and of itself highly disruptive and it is disrupting some a different industries. we have a great graphic and the magazine that will show you how many different ways you can take advantage of the companies and websites that are offering sharing opportunities and allowing people to monetize themselves in many ways. innovationuge new and something that will create a lot of value over the next potentially.tury maybe one we come back and 85 years we will see some of those companies on the list. >> what made the list that had the biggest fight in the hall this -- hallways of business week? >> i don't know that we had a
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huge amount of disagreement about any particular item. >> come on. i know you people. >> i think there was some dispute about the whole notion of ranking these ideas which we decided to do only a couple months ago. we had a list of 85 that was set but we decided -- let's make people mad and rake these things 85 to 1. when we decided the number one item would be the jet engine which i guess i can disclose, there were people who thought there were other ideas that might be more important -- the manhattan project or the birth control pill but we feel the jet engine is the single innovation that made the world a smaller place. that to me is the dominant theme of the last 50 or 75 years. globalization and the growing integration of the world. id the jet engine
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facilitating transportation and bringing people together allowed people to see parts of the world they could not have seen 75 years ago. that's why we thought it was the most important idea. >> our bloomberg businessweek deputy editor, thank you so much for joining us. >> i thought velcro would be number one. wethis season on studio 1.0 are spoken with top innovators and tonight i speak with blackberry ceo john chen. the goto fixer. his famously known for reinventing the billion-dollar powerhouse. now he is trying to save blackberry. why did he take on the challenge? i asked him this very question on the latest addition. >> people are telling you that blackberry is already dead? >> yes. >> wanted you take this job?
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>> i think i shone retirement. -- sun retirement. that's probably the real reason i could give you an idea about industry and there are great company with a lot of technology therefore i think there is potential but that does not automatically answer the question of why i am doing. i started being the chairman of the company. awas going to formulate strategy. i thought i was a little too old to run around the world and play cowboy. once i got into it i find it is hard to just guide without doing. and we don't have a lot of time to find another team and another person and think about the strategy. we have to get it done. so right, wrong or indifferent i decided to become the ceo.
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>> so you're not crazy? >> i'm not i think there is a lot of potential here. it is not a done deal but we've made a lot of progress. >> is is part of your personality? you like to feel needed and to fix things? >> that is probably the negative part of my personality, i am paranoid of not being needed or wanted. -- i knowevery day that means something to people. >> history has been cruel to phone makers. note yeah, motorola -- nokia, motorola, palm, what makes you think you can change history? >> by not falling to the same place. we are trying to broaden ourselves beyond the phone. i don't think i could make another great phone and somehow everything would be well. >> but you did vowed to keep making phones? >> all yes of course, this is
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part of our strategy and to and mobile computing for the enterprise. >> have your had a moment -- a single moment where you thought, what do i get myself into? >> twice. yes i have. after the first 30 days i said -- i amf, this is running against time on so many things -- but i did not dwell on it for too long. larry put a team together and said let's do one thing at a time. that was once. startseel when my mind being not very focused and right now i am quite at ease with the plans we are working on. >> do not miss more of my interview with john chen tonight at 8:30 p.m. eastern and pacific on "studio 1.0."
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nasa next giant leap took a step back today. we discussed goals with the orion mission and whether we could soon see humans on mars. ♪ >> time for bloomberg tv on the markets. equity markets pulled back a little bit with the s&p and the tao coming off the record high closes yesterday. nasdaq down five points and all focused on the job report. >> with all due respect >> he is known as tech's
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turnaround guy. john chen has spent 30 years working and enterprise technology famously taking the software from the verge of death to a $5.8 billion powerhouse. now he is taking on what some say is an impossible job. can he prove them wrong and how did he become the tech industry's fixer. my guest today is john chen. even though you are

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