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tv   Bloomberg West  Bloomberg  April 24, 2015 11:00pm-11:31pm EDT

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emily: welcome to "bloomberg west". i am emily chang. here's a check of your top headlines. advisors for charter to medications have reached out to begin friendly talks on an acquisition. charter goal is to buy time warner cable quickly. the news comes hours after comcast dropped its bid to buy tom -- time warner cable due to growing government opposition. the takeover offers keep coming in the generic drug business. per a go projected the clean --
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the offer. it is lower than the prior proposal because the share price has been inflated by the takeover attempt. at paris go, nation could avoid a takeover. the nasdaq searches to another record high. the index closed up seven point -- .7 of 1%. the nasdaq composite has almost quadrupled since global equity markets bottomed in march 2009. a time waster, a gambler, and an amateur. that is how euro finance ministers described the greek finance minister in talks at latvia. he also made clear that greece cannot take any shortcuts to get additional aid. >> it was a very critical discussion. we came to an agreement to
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months ago and today, we had hoped to hear a possibly result agreement on which we could take a decision and we are still far from that. emily? your he is speaking up after that meeting. cracks we would have had a>> in any case it is our view that we have no right not to achieve these agreements. emily: the chancellor is calling for calm after that meeting. and boosting -- seeing strong demand. people with direct knowledge say samsung has started production at a third factory allowing samsung to double its output of curved screens.
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they had not planned on starting production until june. the times are changing for apple as the company's first entirely new product in five years. the apple watch goes on sale today. some customers who pre-ordered their device may find a watch in their mailbox. it is hard to find if you did not preorder it. apple stores are not selling them yet due to limited inventory and only a handful of luxury retailers will be showing and selling the watches and with their watch's debut, another battle to create the best possible app. companies including trigger, nike, american airlines have apps out already. bloomberg has an app on the watches well. joining me, cory johnson, our editor at large in new york. and our luxury reporter and the cofounder of the mobile shopping marketplace and also with me
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our other guest. you did not get me to watch, can we confirm that? cory: we cannot confirm that. emily? i did go to the store to look at the watch. my eight-year-old freaked out when she saw this thing. the notion of the functionality and the things it could do. it was so exciting to her in a way it was not for me. emily: you do have the watch. tellis what you think. what are your favorite things, your least favorite things, what do you like? >> i have had it for granted love 16 or 17 hours. kind of in that honeymoon phase. i have got it right here. there we go.
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and you can see, you have all the functions you would expect your you do have the world clock, you have -- imagine that. it does tell time. everyone is asking. you have this suite of apps and over the course of the day we will see 3000 rollout and there are some notable ones like facebook and a few google applications that are still missing that we are yet to see rollout today. emily: tell us what the experience is like. >> it was a great experience. we had to think through what is the user experience that is best. >> we were invited to the labs and anticipating what the functionality would be. they made great documentation available. we speculated on what the experience would be and the -- they said it was the most personalized device apple has made.
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we said what is the right value proposition for the user given the stub hub part in the marketplace. offering nearby event notifications of what is coming up in your area. if you have tickets for an event it will set a clock that builds up hype that your event is coming up. it is a glimpse of the future. emily: how does a watch help your customers? >> we are all about helping people connect to each other more and more and also to the brands they love so we are excited to launch our app for the apple watch today because we are going to connect you, if you love, your three favorite brands will go real-time to your phone, to your watch. if there is new inventory, if there is a sale, it will be right there on your wrist. we will you know in real time. emily: tell me, do you think this is a luxury item or do you think everyone will want this?
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apple is selling this at the most elite fashion boutiques in the world. is it really that kind of product? >> a think it is. apple is doing something different here. this is being sold as a true luxury good. even when we are not talking about the addition we can see with the introduction of the new macbook that apple wants us to think of these devices as lifestyle products. they are things that you live with and they want you to think of them as a part of yourself and an expression of yourself. emily: i think i want us sporting one. corey: i will return the gold. i have sort of a small watch collection. i think this will be interesting for people. people who have a bunch of watches are they going to abandon the watches they have
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for this item? a $70,000 watch will be outdated unlike a rolex. >> i am already anticipating having some mixed feelings from my vintage watches and this is a product you would have to wear every day. i do not think this is a product you can wear half the time or leave at home sometimes if you are going to get the most out of it. emily: we will continue this conversation after the break. the lucky guy who has the apple watch. cory johnson will be continuing this conversation after a quick break.
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and like: more on the apple watch and how companies are scrambling to mail their aps. first, a check of the headlines. shares of infosys slumped in -- the most in nearly a year. that was after the forecast disappointed for the first time since the ceo tooko over. elaine wynne has lost her bid for reelection to the board of wynne resorts. they said an ongoing legal dispute between she and her ex-husband was bearing too much influence on the board's decision. we turn now back to the apple watch which is on a few wrists,
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not mine not corey's but steve has it and he is with us. apple has chosen not to make the watch available. customers can order online or by it in select, high-end department stores. with -- will this distinguish it as an item? let's start with you again and talking about how important is the initial debut? how important is it? >> in software development you focus on your product and figure out what is the right experience you want to build. you are a down your features to figure out what is the right entry point to the market is the
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first task of business. now that the devices out and now that we can try this on our phones and are watches and see the indirection, you will see the quality of experiences increase. the use for siri for input. continuation of experience from a watch to improve. corey: the killer app maker might not be there he at. we will find out through usage what the great thing is. guest: everyone will figure out what their core competency is and then they will start to figure out the capabilities of the watch. the public -- what the public wants. i do think that the software experience is going to define this project -- product. so far there are -- there is much more limited functionality and whether those on the right
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interactions, the wrong ones, or something else entirely is yet to be seen. >> it is interesting. i do not think it will will not build an app for the watch. they have not yet. coreyy:emily: how important is this to not just your customer but every customer in terms of how people will use this? >> we are so bullish about the watch. i think that will be a huge shopping tool going forward. we're all in the b-1 phase of this and we are learning.
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the faster you learn the faster you will understand and develop the experience. we launched on the mobile only apt four years ago. people said women are not going to shop from your phone. when apple says they will launch another device, another platform that will give -- get people closer to the products they love into many kidding each other, we jumped on it. we believe in it so much that we have 85 people in our company and we bought an apple watch for every single person at #-- posh mark. we won 85 people on the ground testing this device we can learn faster and quicker. emily:emily: thank you so much for joining us. still to come. my exclusive interview with
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sheryl sandberg and richard branson coming up.
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emily: work, family, life. as a working mom, i know how hard it is to juggle all of these responsibilities. that's why i was so excited to sit down with facebook c.e.o. sheryl and virgin group founder richard branson for an exclusive conversation about how to manage this great balancing about and whether we all can really have it all. >> one of the reasons i'm honored to be here with richard, is when richard and i have talked about this, what he'll say is this is good for my company. we don't have enough diversity at facebook. and the reason we want more diversity is because we think we'll build a better product and a more successful company. i think what will really
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motivate business and contains and -- companies and organizations to really take diversity seriously is when they realize that not taking diversity seriously is harming their performance. emily: >> so what is the conversation that you want people to be focused on now? sheryl: it's about the culture. we are not going to get to equality until we change the fundamental stereotypes all over the world. that means we don't fully engage. and we don't fully engage women in the work place. and that's hurting us. we know that at any income level, no matter how active a mother is, children with more active fathers do better. they're happier, healthier. they do better in school and at work. that means there's a real cost to men not having the opportunities or not taking the opportunities to be as active parents as women. emily: when i was pregnant with
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my first child, i ran an article that told me -- i read an article that told me i couldn't have it all. i cried for a couple of weeks. and i reached out to you sheryl, and you said, no, this is not happening. you're gonna do it. and that's honestly part of the reason i'm still here. so can women have it all? >> with el, let's ask -- well, let's ask, do you ever get asked if you can have it all? like in an interview? can you have it all? how do you have it all? do you ever get asked that? richard: no. i suspect i spent nearly as much time with my kids as my wife has spent with the kids. so, you know, when my kids were young, i moved out of the office. i worked from home. you know, i had the kids calling around while i was having meetings. i'd be changing them as we were having meetings. and, you know, i found the time and was allowed the time to work
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from home. and i therefore think companies should give men that flexibility to work at home. >> well, yahoo just ended its work-from-home policy. are they on the wrong side of history? richard: >> i think they are. i think it was a mistake. and i said so. and we agreed to differ on it. you know, she had a problem with the company and she wanted to -- i personally think it's mistaken. i think that the people working from home and if they've got kids, they can get the job done at home and they can, you know be around their kids. emily: the trial captured the fascination of the country. highlighting this issue of gender discrimination in silicon valley. the jury found in favor of kleiner perkins. what did you see in that trial?
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sheryl: i thought what was so interesting about the trial is that so many women, not just in technology, but across industries, saw their own experiences. and you saw women posting. i mean, i wrote a whole book about it. but what's happening is that we have systematic stereotypes of women and systemic biases of women, that for men, like ability and success is correlated. for women, success and likability are negatively correlated. as a women gets more powerful, she is less liked. a lot of the things that powell alleged were small. she was asked to take notes at a meeting. she wasn't invited to a dinner, an all-male dinner. a lot of these things are incremental, small things that don't seem like a big deal, but taken together, maybe they are. how do you prevent those kinds of small things? richard: one interesting thing that came out of the dinner we had is how some women said they're not invited, for instance, to go on business trips, because of the american law which is -- you
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know, where the men are worried about sexual harassment, so suddenly it's all the men going on business trips and the women are left behind. there are some sort of slightly bizarre things that perhaps need to be thought about to overcome that sort of men bonding going on. but, you know, if i could just give one radical suggestion, because i don't actually think we're going to get to a situation where board rooms are equal for another 100 years -- emily: wow! sheryl: no. richard: but i think the way to get there is to do what scandinavia has done. and i know a lot of women don't agree with this. i just think you've got to say, any new company that sets up from today, must have at least 50% women on the board.
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emily: hillary clinton is running for president. carly just announced. how do you feel, sheryl? sheryl: i'm thrilled anytime a woman runs for office, anywhere in the world, whether it's the local, state government, county office, or all the way up to our presidency. i believe this is the first time in our history we've ever had two women running. that's great. the more, the better. emily: has anyone called you for advice? sheryl: i know them both and they're great women. what i think is great is i want more women in office on both sides of the aisle, in every party, whether they're the most conservative party in a country or the most liberal, having women makes a big difference. emily: are you endorsing anyone yet? i think politicians are the people that endorse. but i am very supportive of
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hillary clinton. and i'd like to see more women presidents all over the world. i think it's time for y'all. emily: my exclusive interview with sheryl sandberg and richard branson. catch the full interview in our special tonight, "balancing act," a conversation on work family and life and whether we can really have it all, tonight 8:30 eastern. you can stream it as well. we'll be right back. ♪
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emily: work, family, life, we perform a balancing act every day. how do we face that? i sit down with sheryl sandberg author of "lean in," a bobbing that sparked worldwide debate, and virgin founder richard branson. we talk about how men and women can take on these challenges together. thank you both for being here. i truly believe this conversation is so important and critical to the future of not just women, but men, women, and children, and creating a better future. i'm glad to be part of it. sheryl: we are too. ri

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