>> there is a push for us in q4 around profitability growth and growing. add revenue is still growing 20% and we feel like him off for 2015, basically our investment areas. one is in global content business. one is in video and one is expanding the advertiser and publisher stack.

>> armstrong brushed aside talk of a well-being and acquired company. under a new deal, landscape gets 4% of stars outstanding stock. malone gets lions gate stock. lions gate discussed buying starz last year. the biggest of oldest most ambitious project ever, a solar project. the $850 million solar farm built right here in northern california, in monterey county apple says it will generate enough electricity to power all of their operations in california offices and data center. 52 california retail stores.

2700 acres. cook made the announcement at the goldman sachs technology conference. in our view, climate change is real. the time for action is now. cook also stressed that apple plans to save big bucks in this switched of solar -- switch to solar. he sort of built up to this is the big news. i think this is big news. $850 million is a big spend. nearly 3000 acres of solar. that is a big project. >> it harks back to something he said at the shareholder meeting last year. the question of the roy, the alternative energy projects, he reacted quite forcibly. if you just care about roi, get

out of the stock. cook has a great feel for the values of apple customers. alternative energy projects are consistent with those values. >> michelle, you know solar as well as anyone. how big a deal is this project? >> the magnitude of this deal is very big. there are solar projects that are bigger than this one but this one is gargantuan. what is notable is who the off ticker is feared there are bigger solar projects but nothing that has been signed with someone who is not a utilities. we have seen corporations sign renewable energy deals to take some of their electricity but never in solar something of this magnitude, never something with the brand name level of apple. bear in mind that apple has made investments in solar before. they have four solar projects

that are already operating or are in development. but this triples their capacity their intake of solar energy. >> to be specific, they are supplying power back to the grid did when tim cook says it will power their data center offices and stores, it will not go directly to them. it will just go back into the grid and the pull off the grid will be equivalent? >> exactly. there must have been some complexity in putting together this deal. but at the end of the day this is surprisingly painless for apple. there's no upfront investment they are putting in. they are getting power at a price lower they would have paid off the grid. at the end of the day, the electricity goes back into the grid. the unsung middleman in all of this is pacific gas and electric, pg&e corporation. this does not happen without pg&e corp. being involved in all of

this. >> what happened to the espousal of corporate values in tim cook's talk yesterday? >> i think it is part of the framework. another topic he spoke about was apple pay. the whole presentation was somewhat scripted. he was talking about how apple pay is taking off and banks and retailers have coalesced around it. he made a point to say that apple is not collecting any personal data, no financial data was apple pay, no health care data with some of its health care initiatives. the comparison to other technologies -- other technology companies is that business models are different. it's customers are not only customers that care about data privacy but also conscientious customers who care about things like the environment. that is where tim cook wants to be. he has had a lot of success since he took over and painting himself as an advocate for apple

customers. >> he said a couple of times yesterday at apple, we believe we should leave the world a better place than where we found it. he said that a couple of times and i wondered if that was more tim cook and less steve jobs. >> perhaps. i will admit to a little eye rolling when i hear things like that. >> i'm the senate on this show. wait a minute. i am the cynic on this show. >> i feel like he lost his interviewer, gary cohen, the -- tim cook stays on message. that has been his message for some time. i think the customers believe it. certainly, investors love it. the share price on apple has passed the 700 threshold.

>> back to the solar issue, in terms of leadership, i wonder what this means. apple is a company like no other. it has a bigger market cap than any other company has ever had. might we expect other companies outside the power generation business to get into power generation, particularly when there are big federal subsidies? 's >> -- >> it has already been happening. google has been in the forefront of it. other tech companies, microsoft, yahoo!, amazon earlier this year, they have all been doing large energy deals. it's true, when you have someone of apple's stature coming in, other companies with the possibility -- again, it is not just the possibility of the footprint or sustainability or addressing climate change, it's an economic opportunity p.m. it's an extraordinary opportunity around solar given the incentives that are in place today, that exist for -- that

exist at this level for the next two years. >> thank you very much. yet another late-night shakeup on the way after more than 16 years. john stewart says he is stepping down from " the daily show." so who will millenial's turn to? that story is next on "bloomberg west." ♪

>> the brazilian royale has closed at a record low. countrywide droughts and a scandal with petrobras is weighing on the currency. argentina, the city of buenos aires is planning on selling bonds overseas for the first time in two years.

hp is attracting interest for its chinese networking unit. persons familiar with the matter says hbs trying to sell 51% of the company by the end of next month. potential bidders include china electronics corporation and some chinese buyout funds in case he to get as much as $2.5 billion for this asset. the end of an error is coming for comedy central's primary shear. >> 17 years is the longest i have ever in my life held a job by 16 years and five months. [laughter] thank you. the upshot of there being that i am a terrible employee. [laughter]

but in my heart, i know it is time for someone else to have that opportunity. >> he has been on the show since 1999. where will they turn next and what does it mean for a successful push into the digital world? can comedy central keep "the daily show" as a successful brand? when you look at what they have done editorially they have turned it into a dominant cable channel. >> john stewart did a great job. he did it by being fearless and calling bs on politicians and media itself everyday.

>> the daily aspects are enormous. but are there certain things that have put the show on the map that let it leapfrog other traditional media nightly news? what ever other voices were coming at that same generation but not reaching them? >> in terms of reaching them, john stuart has done a great job . comedy central has done a great job in terms of putting it on mobile, facebook, social, which is really where the news is and where people are consuming the news. as they have adapted over the last 17 years, they have adapted to where the news is going and where young people are consuming the news. >> it is fairly amazing what they have done with digital and how successful that has been. when this show lost or when john stuart joined the show -- john stewart joined the show, they

were not thinking about new media when they launched this old media show, cable tv talkshow, which had been done for a while. what has worked for them in new media? >> it was just the adaptability that they were able to do and do it very quickly. it has been interesting to watch larry wilmore and "the nightly show." people are already consuming news on snapchat and cake and it is taking advantage of the mobile video opportunity. just in terms of share-ability and the number of clicks, comedy central has done a fairly outstanding job in adapting to social consumption. >> there have been so many people -- you mentioned larry will more -- but there have been so many others who have gone on to great big things from that show, most of whom will be pretty busy here to but you wonder how might be considered as a replacement for john stuart

-- john stewart. >> yes, the big headline is did comedy central lose their three big stars in two years? when john oliver stepped in and in guest hosted the daily show people wondered if he was up to the job. he did an amazing job. he landed his unsuccessful series on hbo. it is disappointing he cannot just take over. at least the daily show has a stable audience and good correspondence that they can choose from to maybe establish their own brands and maybe take over. >> thank you very much. coming up, the uk's largest banks taking steps to foster innovation and support startups on both sides of the pond. ♪

>> could london be home to the next silicon valley? >>they certainly hope so. boris johnson is voicing those hopes. the london mayor says it already is the tech leader in the world. >> london now is on to the biggest cluster of tech business anywhere in europe. i think i'm right in saying that it's the biggest change to the london economy that we have seen since the industrial revolution.

>> is barclays different because of this technological focus you have taken over in the last three years? >> barclays is one of the you leading financial institutions in the world. the landscape is going through a disruption of like we have seen in history. largo organizations can decide whether to embrace that disruption or to be disrupted. today, we announced a partnership we have had in the u.k. with techstars, the world's leading accelerator program. we are bringing that to new york city. in july, the program will officially launch. march applications will open and then we will have our demo days in october. very large corporate with the leading accelerator program,

with new york city and london connecting those innovation ecosystems and the disruptive minds of startups to create the future of financial services. >> so what does barclays get out of this? >> barclays has identified the innovation ecosystems globally. we have a pulse on -- >> innovation ecosystems globally, what do you mean? >> there are pockets of innovation like silicon valley tel aviv, new york city where start of ecosystems are percolating. some are hotter than others and london is boiling hot right now. new york is pretty hot, but we are looking to connect to these global ecosystems. and starting with the accelerator program we have in the u.k., we have had over a thousand companies applied for two cohorts of an accelerated program.

where startups come in and for 90 days they are meant toward in the accelerator program in partnership with barclays. >> do you have specific business problems are barclays you want them to focus on or do they go to work for syntax? >> we don't really know what is going to come out of it. we share what our core strategy is. we invite startups to come in and attack our challenges. help us find solutions to challenges that we perhaps have not been able to find ourselves. >> give me one example. >> there is a couple. one is finding a bank for the unbanked in africa. there is one company that was selected out of a couple of hundred companies. in 90 days, actually establish the ability for them to create a bank for the unbanked in egypt.

another example is a covenant called market iq. it does social media marketing to identify potential in events that can help barclays anticipate events that may or may not be happening. we have market iq installed in our command center in the u.k. today as a result of the techstars accelerator program. >> what kind of events? what do you mean? things that would change her business in what way? >> they could be geopolitical events, technology challenges, whatever it might be that may come about, we are able to identify and track social media to identify areas that we are able to respond and monitor. >> give me an idea of one cultural format that the bank and do better. >> i am frequently asked, if i

can do one thing, what would that be? all our colleagues think like entrepreneurs, exposing someone who has been in the organization for 20 years to entrepreneurial thinking is life-changing. >> great. thank you very much. ♪ .

♪ "bloomberg west greg you are watching"bloomberg west" where we focus on innovation technology, and the future of business. well, is uber worried about google, rolling out driverless car? speaking at the goldman sachs technology conference today, some tough words for google and the so-called "moonshot" projects. >> a lot of the companies have done what i would call a good job by distracting the press by profiling self driving cars or

drones. how many have done one of these drone er events? autonomous cars in the next five or 10 years. they have zero in there. >> zero. revenue aside google is certainly spending a lot of money on those moon shots, and that includes the acquisition of boston dynamics, purchased in 2013. an innovation is far from flying -- slowing down under google. a new robo dog, a robot named "beraar," but look at this thing. it is climbing stairs. it is handling the rugged terrain of a parking lot. it is an amazing thing. joining me is a robotics director who is joining me right now. dan, first of all for the rest

of this segment, we are going to run robot video, because it is amazing stuff to look at. let's start with why is it important for this dog to walk? >> a lot of it was left on the cutting room floor, so this is the best of the best. it is important to make this robot walk or do research on this robot, because there are a number of other capabilities that we build out on this. you have to stop thinking about developing products and think of it about google developing a robot solution. that would be research that generates capabilities, which then generates products and new types of marketplaces tied in with data. it is not a hardware play. what they have done by purchasing boston dynamics, and then they announced that they are purchasing seven other

companies as if they are hiring or acquiring the best researchers and the best robotics experts in the world. this also ties in with android and job at and an operating system with this, so, yes, this is i can before -- eye candy for roboticists. >> taking over. this is the beginning of a terminator. i know where this leads. i don't understand about the data. what kinds of data are they going to gather from these robots that they could not get any other way? >> well, it might not be added during data. it might be use of data. so, for example, if you look at these robotic systems, there's only so much they can keep on the individual platforms themselves in terms of intelligence. they need access for other things.

so i'm a for example, if you have indexed internet, which is exactly what google does, you can recognize people or objects or even to recognize things like how to open up certain doors or how to move up certain types of stairs or how to drive in traffic, so there are piles and piles of data which drives intelligence for these types of systems. and this is where the data component comes in. it is also important to note that the director of the google robotics initiative, the first time i heard him speak was on the subject of cloud-based robotics. that is where this is going. it is being naturalized in robotic systems at work in the real world. >> i guess i don't see the play three have got this cow that runs across a parking lot leading to more impressions for advertising. is it about understanding the context of movement so you can

somehow, i don't know perform better search, perform better ads? somebody who is in business of selling ads? >> we do not know how this is all going to play out. think of it more in terms of a research platform instead of a product. to work on these, they not only handle the sort of dynamic walking and the ability to recover when it is not but also how to interact with humans, how to work in a physical environment with a type of device out there, so once you're able to work in the physical environment, you are gathering more information than is limited to the virtual world. think of these things in terms of a mobile offense as opposed to a robotic system. hence the purchase. again, a device in the home that in choir -- acquires information that can be monetized in a number of different ways.

>> so, what? to do the new street maps, the google street maps, to know where people are and what they do to better contextualize? >> i cannot really speak to that. what i do know is that what they have now with these acquisitions, a whole heap of really smart people doing basic core research to develop a solution that is software and hardware based that ties in with data in a number of different ways, so not just what people are doing or what they are clicking on, but, for example images of different types of environments, people taking photographs. as opposed to having a car drive around. you can also build an equivalent of a functional map of how people move through the physical environment, so it is not just

simply clicking on ads. it is how to move from one place to another or, again, how to move up stairs, and what that person's face mean. are they happy? and one way to gather this information is through actuated sensors that can move in physical environments, which is a robot. >> yes really quick, just about 30 seconds here. is the mobility aspect, is that really hard? is that a something that is really groundbreaking in the robot world? >> in terms of that particular video, there are a couple of things that pop out. one is that they are not running gas powered motors anymore and that they are running indoors. also, it is much smaller than earlier models that they developed for the military, 160 pounds versus 240 pounds, so these are products to show what they can do. i suspect what is being included with this roddick as a whole lot more smart software and then

technologies and capabilities that they have pulled over to this particular device from the other companies that they have acquired. >> i have to think with all of the kicking of that dog, michael vick was involved somehow. thank you very much. we appreciate it. coming up, the silicon round up. we will talk about the funding of startups. that story is next, on "bloomberg west." ♪

>> i am cory johnson, and this is "bloomberg west." helping to promote london-based technology companies highlighting a new report that shows u.s. investors are pouring more money into london startups than ever before, and $97 million -- $795 million, more than 2014.

our next guest has played a large role in recruiting those investors. a digital advisor joins me right now from new york. thank you very much for joining us. what is going on in london? if i were there, how would it look different from what i have seen ever you are or five years ago? >> the economy has completely transformed. the government recognized there were green shoots in the economic trouble, and looking at how we can help these companies grow and give them the incentives we need, and now i am happy to report that we are the world's largest digital economy in terms of percentage of gdp. we will be at 12.4 percent of gdp next year. >> at is london? >> yes, london, the u.k. >> and that is more than any other country. >> yes. >> really? >> yes, the highest of any g-20 country, so it is really a

thriving sector. we are the largest e-commerce participants in the economy. we spend more in e-commerce than any other country in europe, and we are leading the way with other metrics. >> what others are leading in the u.k.? >> there were customers across the country and what we found is that each has strengths. and many other great ones and there was language processing. and they were talking about talking about building the industry. that is a logical connection between london and new york. >> there are, of course, all of these issues coming up with the rules providing broadband providing the services mergers of course, of comcast and time

warner and what that might mean for a digital economy. what is the role of the government in providing high-speed internet to homes and businesses, and how does that play a role there? >> i think the biggest concern we have in the u.k. government is we are all for innovation not regulation. companies have a lot of challenges with european regulators. we really believe in the digital single market and what to lead the way in terms of europe in sort of smoothing out those bonds for those companies because they are the future of the economy, and economics always wins, so as long as people's privacy is protected and that we can have a fair and safe system for people, we need to make certain that we focus on innovation. >> do you think calling it "piv -acy" instead of "pry-vacy" would help? >> [laughter]

like they are sending some standards to make sure it is that people who can make it grow together. does government have a different approach their? >> well, i think what we have found with this study is that technology and digital is empowering equally across the country. there was a lot of criticism that the economic recovery happened. it was primarily in the north so we put some effort into working with organizations up in the north of the country and we put some resources there, in a company called tech north, and now we see that they are coming along, and they are moving at the pace or growing faster than london now because they are growing from a smaller base, but it is really encouraging. >> ok, an adviser to prime minister david cameron. thank you very much. >> thank you. >> now, time for your bloomberg world news headlines.

it is said that syria is attracting an unprecedented number of westerners to the war zone, more than 20,000 foreign fighters. this includes 150 americans. the number of foreign fighters has increased 70% in the last four months. that is posing a greater threat to u.s. security. samsung plans to release new versions of their smartphone next month, and one of those, a model covering three sizes of the phone, according to someone with knowledge of the matter. it will use the most advanced samsung processors. and the biggest mobilephone operator in the u.k. ee is spending billions in the next years with investment to improve wireless coverage, developing new technology for 5g networks and drones. yes,5g is coming, and one company agreed to buy them.

and mark crumpton is at the top of the hour and is here with a preview. >> president obama has asked congress to operate military action against the islamic state. will the legislation pass? how broad or narrow will it be? and will it be for just that, three years? we will have a guess from washington. i will see you in a few minutes. back to you in san francisco. >> yes, you will. a take on yelp and expedia, more categories. 16 million users and growing. you do not know about something that you will hear about soon on "bloomberg west,.." ♪

♪ >> you are watching "bloomberg west." i am cory johnson. with a lot of innovation, one startup is gogobot which helps to book

trips based on personal style digitally. with a recent investment gogobot is targeting wanderlust millennials. what is gogobot? >> gogobot makes it easy for people to find the best places to stay, eat, or play in thousands of destinations around the world, but unlike other travel sites, we connect you with advice and reviews from people who travel the way you do. say you are a family traveler, a business traveler so you always have the inside scoop wherever you go. >> so what is the big idea? what is the thing being done that you guys have got? >> say you are planning a trip to rome. there are dozens of sites where i can look at hotels or get options, but every user has their own story that they are

looking for. maybe you are going on a business trip, and you need to figure out a great business hotel and cool restaurants to take your clients. but you might be going with clients and want to teach them a little about the city, but you also want to find some fun things to do. at gogobot we have what we call "tribes," and we have 19 different tribes. >> so like hannibal's. -- cannibals. essentially, this is psychographic. >> it is not quite demographic. >> the kind of trip someone might want to plan, and they pick like kim, who works with me here, what are my tribes. foudy, family, wellness, i will go with that. i do not know if i will travel with my yoga mat, but i am down with that and then where does

your data come from? >> the idea of communities people are going and sharing their best experiences, so if you are in the wellness drive there are other people who are interested in these things. hey, when i was in maui, there was this great yoga studio that we went to, and then we went to this amazing beach, so instead of digging through anonymous reviews looking for the one thing that is relevant to you, at gogobot we let you see inside these from the views of your tribes. >> so you have found out that these families booked this resort or this kind of car or whatever, but how do you get the data about which playground they went to war which restaurant they went to if they did not book it through gogobot? >> these are all things being shared by our communities. we have a huge community that shares. we have over 150,000 reviews,

more than 4 million photographs. this is so you can discover them, things to do, where to eat. >> 15 million users is not nothing. >> we have had millions of people come to gogobot, and they really love gogobot, because it lets them get to the meat of things. it is really about the story that you want to remember. it is about finding that narrow alley where he found that little café that had amazing coffee or home-baked bread. these are things you cannot find at other sites. >> where is the money? where do you guys get paid? >> so we make money in a couple of revenue streams. the biggest one is hotel bookings and affiliates, so people come to gogobot to research the best for them, and when you get there we have a

price comparison that lets you see them all from expedia, booking.com expedia, and we have an integrated opentable. >> travis, from gogobot it is an interesting site. and the bwest byte, a number that tells us that whole lot. jordan, what do you have? >> we have got the number 90 cory and that is the number of days that google has given other tech companies to patch their systems after google alerts them to problems. you would think 90 days would be a long time, but apple and microsoft most -- both missed their deadlines and found it listed on the corporate blog. an issue of patching security holes before the government can find them. >> what are they, tattle tales?

what is the role of google here? a comic you stink. i'm going to tell the whole world. why is google doing this? >> there is a very serious issue underlying this. google has ramped up its security bond rebuild the research in light of the nsa disclosures, and google is basically saying to the industry even companies like microsoft, who have really established policies for these kinds of things, you are not moving fast enough. you have got to move faster, and 90 days is a good amount of time though it is trying to move the industry, provoke it into an accelerated rhythm on this process, and they are saying, if you don't fix this hackers and governments will get inside your systems. >> wo,w how to win friends and influence people the google way. thanks. remember, you can get us on bloomberg online and on bloomberg radio. we will see you tomorrow on "bloomberg west."

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♪ >> from bloomberg world headquarters, i am mark crumpton. this is "bottom line," with a main street respective. to our viewers here in the united states and to those of you joining us from around the world, welcome. we have full coverage of the stocks and stories making headlines, and su keenan follows another drop in crude oil prices, which are once again below $50 a barrel. companies are selling bonds at an accelerated pace. we begin wit