♪we're having a party happy birthday, grandma! ♪we'll be swinging ♪dancing and singing ♪baby come on over tonight emily: is the writing on the wall for the nsa dragnet? i'm emily chang. this is bloomberg west is walmart ready to compete with amazon? what the company would need to do to win over prime users. and what does rachel weck stone bring? kim visits our studio. she gives us her secret to success ahead. we have breaking news out of symantec.

a disappointing forecast. they want to develop more modern anti-hacking technology. i want to get to cory johnson. it is about time is a net? cory: they may argue they have in making anti-hacking technology since the beginning. $1.6 billion in sale profit, 43 since adjust. that was expected. that is a decline. it is a percent less than the previous quarter. the company in the last six of the seven quarters have seen sales decline. predicting the same going forward in the next year. they need new kinds of anti-hacking technology. this company came out with a report saying hacking was up on the 40% year over year basis. companies are using tools on the

cloud. they are hiring consultants to come in and do those things. this is not where they are seen as strong. they are trying to tailor its offering and cut costs in the process even as we saw sales declining on year-over-year basis. emily: we see hack attack after hack attack. it is a failure to many of those cases. staying on cyber security, the big debate over government surveillance attack. continuing royal. the house passing a measure that would stop the nsa mass collection of phone records. now the fight moves to the senate. the usa freedom act has the support of the white house, not everyone is so happy. general michael hayden writing the usa freedom act is exquisitely crafted to hobble the gathering of electronic intelligence. it is in a saint reform that

only isis could love. while the bill would make it illegal to collect phone data in bulk, information would still be held by telecommunications providers in the nsa would be able to access records with a court order. lawmakers have until june 4 two find a compromise. for more on this i want to get to tom kellerman, and shawn henry of cloud strike. this doesn't roll back the dragnet completely. someone stronger action taken. what do you want? guests: i want security and privacy creed you're never going to have 100% privacy and security. that is impossible. you have people who are going to get hurt or killed. the lawmakers are looking at this as pandering to their

constituencies and focusing on the privacy issues, and not weighing in the security aspects. it is important we not throw everything out completely without looking at security where it has taken us, and the value it brings to safety of americans globally. emily: you were obama's first cyber security officer. are we compromising? guests: 20 in a fight what the weaknesses are and anderson with the vulnerabilities are, i agree with sean and that there needs to be pfizer reform -- fuiisa reform. we need to continue the preeminence of the nsa. emily: how do you expect this to play out? our phone records are still rolling in to the nsa. some provisions in the patriot

act are set to expire soon. that was a basis of the program in the first place. how does this play out? sean: there is going to be middle ground. there has to be accountability and oversight. our government needs to be held responsible for what they are doing in terms of collecting and how that is used with access to the data. that is critical. taking away all authorities to look at the data, to use it, but pieces of the puzzle together to disrupt terrorist attacks that is a huge challenge to national security. there will be some middle ground. potentially with access through the carriers and having them how's it. i don't know that is fully effective but that may wear beware this land. emily: ball collection was exposed by edward snowden.

i recently interviewed cam.com, a man who was concerned himself with these programs. he's the founder of megaupload and the target of the biggest copyright case in history. i asked him what his message for president obama is. take a listen. kim.com: what is my message? it would be nice if he delivered the change, if he didn't spy on the world population. emily: tell me about your relationship with edward snowden? kim: he will be remembered in history as one of the great people of our time. >> what about julian assange? kim: what julian assange is doing is putting a spotlight on the secrets. emily: you tweeted you were going to be hillary's worst nightmare. how so russian mark >> it is probably more julian. i am aware of some of the things that are going to be roadblocks

for her. if i can provide transparency with these people and make them part of what the internet party stands for, i will be happy to do that. emily: julian assange is going to be her worst nightmare? how so? kim: he has access to information. emily: what information? kim: i don't know the specifics. emily: she's an adversary -- kim: she is an adversary to internet freedom. emily: and you have a bone to pick with her. kim: i like hillary. i like obama. it is crazy all of this happened. emily: should hillary be worried about julian assange?

i will to bring back my panel of experts. shawn henry at cloud strike. what do you make of his remarks? shawn: he is implying he has information that is not public. and underscores the sense that nothing is private anymore when we are talking about data being cap electronically, how they transmit it. it is not safe. it is not secure. i don't know when he talks about internet freedom, if he is talking about everything being insecure people not having privacy. that sounds like privacy being breached in a way. perhaps hypocritical. i think that when we are talking about data being kept electronically it is never going to be secure. we have two up and recognize that. tom: the assumption emily: we

don't know what julian assange has on hillary clinton. tom: there is an assumption made that the u.s. is a monopoly on being big brother. there are multitudes of government agencies from other countries as well as hacker groups and crews that have the capacity to maintain omniscience, to be telepathic as it relates to our personal comings and goings. at a minimum we need to respect the fact that without cyber security legislation, we will never maintain the privacy of nationstates and criminal groups that abound. emily: what does this mean for companies like apple, google facebook, companies whose trust was undermined by the revelation of edward snowden? shawn: those companies everything i have seen publicly, they recognized consumer privacy

as an issue they want to hold closely. i think that this process is a growth process for a lot of people. how data is maintained and stored. how companies or governments want to access it with subpoenas. this is a maturing process. it is an area people have a lot of experience in. we absolutely have to because the data is so sensitive and so critical to our economic and national security, companies are going to have to work closely to make sure they are abiding within the law and protecting the privacy of customers. emily: some people have been speculating that julian has hillary's e-mails. shawn henry, thank you for joining us. it is time for a status update. when i sat down with cam, one of the questions was the status of piracy. it is a problem the

entertainment industry is battling. there may be a light at the end of the tunnel. here is what we found. we have come a long way from napster and megaupload. take it from the so-called hybrid king himself. kim: if you are a hollywood studio and you release your content in one country first the united states, and roll it out over a couple of months, and other countries along the world, and expect the internet community in these different countries to wait for the release. emily: "game of thrones is the most pirated show in the world. the latest episode racking up two point 2 million illegal downloads in just 12 hours. streaming sites like spotify and netflix are said to actually be reducing the amount of piracy out there because they make it easier to watch and listen to

what you want, when you want legally. then there is new technology fighting piracy. this is how the motion picture association of america puts it. a proactive tech driven solution that helps creators protect their work. joint initiatives are critical to ensuring that movies and tv shows continue to flourish online. twitter's periscope made headlines. the ceo tells me he is working on it. >> part of our policies and how we craft products can make sure it is not a prominent part. emily: we went all the way to new zealand to interview cam -- kim dotcom. he faces 88 years in prison. you can see my full interview tonight, 7:30 p.m. eastern and spin -- and pacific.

the queen of selfies, kim kardashian tells us what makes her videogame and $90 million smash. ♪

>> i'm pleasantly surprised at the success of the game. i see how hard the team works to make these changes, to try and be current that it makes sense. i see what goes on behind the scenes. emily: that was kim kardashian west speaking about the hugely

successful videogame, kim kardashian hollywood. the mobile game has been downloaded 33 million times and brought in $90 million. i even got a chance to snap a selfie with the queen of selfies. that was a little exciting for me. she was sweet and sharp in person. in this week's edition of wiring the world we focused on the future of fuel. the scientists may have found a break ancient bacteria in new mexico. reporter: the desert can be a lonely place. i'm driving through hobbs population 70,000. most people make the money off oil. oil isn't the only fuel in town.

i found fuel developer jule making renewable ethanol using sunlight and bacteria billions of years old. >> you can continue the process. reporter: the ceo and top man at hotel -- total. >> i've been so many years in the industry i don't believe in miracles. reporter: six months into the job he is a convert. like i don't believe anybody can claim to be carbon neutral. reporter: it would mean fuel that doesn't need to be mind or grown -- mined or gorwrown. this is where it begins.

this freezer at -80 degrees celsius has files of bacteria. one vial contains 10 billion bacterium. they are thawed and said -- fed for two days. >> we start to get them happy. this is easy living for them before we get them ready for the outdoor world. reporter: cool spectrum light for four days. >> we bring them under this light that will limit the life they see outside. reporter: this replicates the sun. then it is over to real sunlight. the bacteria are exposed to the sun for 8-10 weeks where they make fuel. today we harvest. finally what we have been waiting for. this is ethanol.

an acre of corn makes 400 gallons a year. would-based materials, a few thousand. an acre, 25,000 gallons each year. an acre of corn makes 400 gallons athe efficiency can be replicated around the world. joule aim to replicate a 1000 acre facility. until then it is slow and steady growth. emily: bloomberg ♪ silicon valley's revolving door swings again. uber hopoaching rachel webstone. -- whetstone. he is moving into a bigger picture role advising and joining the board. whetstone comes with a serious

record. multiple consumer privacy inquiries. her challenge is getting in front of uber's local regulatory hurdles from france to india as it expands. coming up, a prime target. walmart sets its sights on amazon with a much cheaper delivery service. will it work? that is next. ♪

emily: walmart is challenging amazon to a subscription service smacked down. the world largest retailer testing a shipping program for $50 a year. it is restricted to a few markets but walmart has left a lot of questions unanswered.

it should amazon be afraid? we have greg who covers walmart and amazon for ammo core. amazon has been doing this for several years. his moment going to be serious competition? guest: walmart does five times as much revenue as amazon. they have significant experience. that is 2.5 times. emily: the walmart service is going to be three days slower's. they have one out of six million products. guest: you know when it is going to get there. typical free shipping you don't know when it is going to be there. that is what walmart is optimizing. emily: would you agree walmart has a shot? guest: of course.

they are the largest retailer in the country with a great logistics expertise. they need to figure out the last mile how to do it efficiently. this is a test they will go in this summer to see if they can make it work and get consumables in three days as scheduled. i would never count walmart out. emily: it is going to take them three days to get the goods to you. other company's offers same-day delivery. how much do people care about these the aspect? guest: if you look at the numbers it is a lot of marketing. people care about getting their goods to them. you have to have one million skews. it is not practical. it is not going to have a widespread adoption. emily: walmart has physical stores. does that give them an advantage? guest: there is a big chunk of consumers that like multichannel. they love amazon, amazon pride

-- amazon prime. they spend more and more after three years. at the end of the day there are things they don't get it amazon. if wanted today it is hard to get it. amazon is doing prime now in certain markets. it is all about getting closer to your customer. i would not count amazon or walmart out. emily: how are walmart and amazon customers different? guest: look at the price point. it is half as much. there are only some he americans that want to pay $100 ear for the shipping. walmart kospi price in half and you have twice as many people who would want that. guest: amazon has more perks. you get the streaming video service as well. how much does that matter? >> it's a different model. amazon prime, think of it like a costco membership. you join. you get free shipping in two

days. our survey work says 80% of people sign up for amazon prime to get the free shipping in two days. 40% renew for the streaming. if it is a membership model that is what amazon has with prime. what walmart is doing is try to figure out other markets where they can get scale by doing more regular deliveries. that is the way to think of the talk. is that where walmart is going? emily: there are a lot of unknowns. we don't know who is going be testing this out. two giants we will be watching. thank you both. it is time for the daily bite. a number that tells a whole lot. 13.3 billion. that is how much money sharp has lost her the company struggling under a mountain of debt since its rivals began undercutting its core business in display tvs. sharp posted a loss seven times

bigger than forecast but lenders are coming to the rescue by $1.7 billion in stock. sharp will/10% of its workforce. don't miss studio 1.0 tonight. ♪

mark: with all do respect to john bolton's decision not to run for president -- >> ♪ how am i supposed to live without you now that i've been loving you so long ♪ mark: i like michael bolton. it's a lot of the stuff that was on the show last night, plus the simpsons. once again jeb bush. for the fourth day in a row, he gave an answer about the invasion of iraq. as they think any bug port