mark: i'm mark crumpton, you're watching bloomberg west. forapan, the search survivors continues following a magnitude 6.5 earthquake that left two people dead and 45 others injured. the quake which collapsed houses and started fires, was centered about 74 miles northeast of japan's only operating nuclear plant. the u.s. plans to station warplanes in the philippines as deployment comes after american ships began conducting joint patrols with the philippines in the south china sea last month. china claims sovereignty over all china sea islands and the waters.

a conservative leader in the house warns publican party leaders not to change the rules to allow somebody other than donald trump or ted cruz to win the party nomination. , jim jordanm caucus told c-span, primary results show republican voters went and anti-establishment candidate. the debate tonight between bernie sanders and hillary clinton comes days before next week's new york primary. hillary clinton is trying to snap a seven state losing streak. senator sanders needs to make up ground in the race for delegates. the latest polls show hillary clinton ahead by 10 points. powered by our 2400 journalist and more than 150 nerves euros, i'm mark crumpton, "bloomberg west" is next.

emily: i'm emily chang, and this is "bloomberg west." coming up, the stage is set between the tech industry and the government. this time it is microsoft in the spotlight, doing the -- suing the doj over a law that stops the company from telling customers when the government wants to access their data. how do you spot the next elon musk? that special breed of on for newer capable of starting several billion dollar companies. i sat down with one investor says they're looking for those people in china. in viacom, redstone will not be testifying in the case over his own competency. we will bring you up to speed in this high stakes saga. microsoft sets the stage for another high-profile confrontation between the government and silicon valley over consumer privacy. the company filed a lawsuit in seattle over a law that bars

tech companies from telling consumers when the government has requested access to their data. unlike apple's dispute, the site is not over a single request, but over the legality of unmounted request piling up now that so much customer data is stored in the cloud. microsoft says they have received 5006 hundred 24 federal demands for customer information in the last 18. nearly half of those came up with gag orders or mandates that microsoft not tell affected customers. request came with unlimited gag orders, meaning microsoft could not tell the customers ever. brad smith explained in a blog post today whitey company is taking action now. he wrote, based on the many secrets -- secretive orders we have received, we question whether these orders are grounded in the civic facts. issues of secrecy orders has become too routine.

joining us now for more bloomberg intelligence litigation, matt larson and andrew crocker. andrew, we will start with you. how is the legal foundation of this case different than what happened between the fbi and apple? andrew: and you've are having me. this is about request for e-mail. it is a request for thousands of e-mail accounts or other data as opposed to one phone in the apple case. it is also a different law at stake, a different constitutional rights. here, microsoft has a first amendment right to tell its customers about request they get for their e-mails. that is a basic right that you have to know that the government is investigating you, and a basic right that microsoft has to tell you. emily: what is interesting is, they talk about this law -- it was made into law in 1986, before the world wide web, decades before anything was stored on the cloud.

i wonder, matt, the government is still looking for physical files, how are electronic files different? just because they are stored in a different format, shouldn't the government be able to search them? matt: that is exactly the point that microsoft is raising. what is the difference between electronic files and paper files? they have a law about the way they store those files. how they are kept and providing notice to the parties that own the files might tamper with the investigation if there's a high priority and likelihood of them being aware the government is pursuing information via warrant. how does that differ from physical versus electronic. i think that microsoft is highlighting that there is a disparity between electronic and physical, and congress needs to revisit how the warrants are executed. emily: we talk about apple in respect to this argument. microsoft of course backed apple

in their fight. andrew what is microsoft's track , record with these issues? andrew: they have done this before, particularly since snowden. a number of companies have done a lot more to raise this issue and notify customers about encroachments on their privacy. they sued the justice department to report requests like these, secret requests, and a national -- in a national security context. they also pushed back against national security letters. emily: we know the government dropped their case against apple in san bernardino, but there are other iphones in other parts of the country that are now in question. what exactly is microsoft doing in filing this lawsuit now? do they think they will hit 20 -- hit when the government is

down essentially? matt: that is an interesting point. we saw the tech community rallied around apple. cyber security and privacy questions are the forefront of what the tech immunity is concerned about. microsoft has taken advantage of that memento. there is a bill going through congress that is looking to amend the 1986 law under which the government is seeking microsoft's assistance and the gag orders. the timing lines up nicely with that bill coming out of the house judiciary committee. it is microsoft both complementing its lobbying efforts with litigation and capitalizing on these issues being at the forefront. apple set the tone for these investigations. i think the government was surprised at how much support they had in the iphone cases. now we are seeing microsoft giving it a go with their argument. emily: loretta lynch was named in the lawsuit a couple of months ago about the apple-fbi

situation and the issues at play. take a listen to what she had to say. aretta lynch: we are in situation where in so many cases, frankly i think in all cases that we at doj do, we see electronic evidence becoming paramount. we still get filed the papers and documents, but electronic evidence is what we are seeing with every case. emily: the government says they need this information. another argument is that if you tell customers that the government is asking for their data they could hamper or delete -- tamper with it and maybe delete it entirely. perhaps it is easier to get rid of the electronic information --n physical information than physical. andrew: two things. there is no reason why you should be different than the physical context. just because you store the information in the cloud rather than a filing the basic , principle shouldn't change. if you have a right to know if the government comes after your

files in a filing cabinet, you have a right to know in the cloud. of course no one is saying there , is no case where the government should be allowed to bar you from knowing. wheremight be instances you would harm another person, or destroy evidence to that is why we have laws that allow them to get these evidences. they are doing it as routine. they are not having to say, this is necessary. it is just in every case, you don't find out. you might not even find out when the investigation closes or they dr the investigation. these are indefinite orders where the customer is never notified. that is unusual. emily: andrew crocker, and martin -- matt larson, thank you both. we will follow these cases across the country. another story we are watching, the european union is accelerating its antitrust probe of the google android operating system. according to people familiar

with the matter, the eu has critics,e of google's deadlines to remove secrets. this is seen as a sign that regular is may send out a formal complaint. google has been one of the most high profile targets for each year chief. the tax arraignments are also under review by the eu. apple, constructing a secret team to explore changes to the app store. including a new strategy for charging developers to have their apps prominently displayed. according to people familiar apple is considering a , google-like model where companies would pay to have their apps shown at the top of the search results. giving apple a new way to make money. up, how jgb is using 1.2 billion dollars to search for the next elon musk or jack dorsey in china. ♪

emily: now to one of europe's biggest start up rockets , internet falling the most in more than two months in frankfurt after reporting a loss of $222 million last year. while those companies continue to increase sales, operating asts are widening, including company called hello rash. an e-commerce site that you're an investment from alibaba. they are under pressure to show investments are paying off after showing little progress. capital,al -- raising investing in startups in china and the united states. across four ggb funds allocating $250 million for early-stage startups in china. they also say they are seeing more opportunities for

entrepreneurs in china who are on their second or third startup, a pattern that is common in the united states with entrepreneurs like elon musk and jack dorsey. joining us, glenn. thank you for joining us. you have been behind companies like alibaba and airbnb. how do you intend to find the jack dorsey or elon musk of china? glenn: thank you for having me. we are excited about our new funds. we're focused on global entrepreneurs. we love folks that build global companies. we want to invest early across sectors of focus, like consumer and online mobile services. like e-commerce. connective devices and robotics. we are looking for companies in those sectors. in china, we are seeing lots of entrepreneurs coming around for their second or third stint, or folks with experience and great internet companies like alibaba.

there is a richer ecosystem of entrepreneurs in china for us to go back. emily: one of our columnists , tim, wrote an article saying that everyone knows that asia's startup bubble has to pop. what is your response? what are you seeing on the ground? member, -- remember we , are focused on the venture capital ecosystem, the start of ecosystem, in china and the u.s.. for us what matters is the rate , of innovation and the opportunity for companies to build businesses that can grow fast. in china, we see that continuing at an incredible pace. if you look at patent applications in china, today, china leads the world in patent applications. it has for almost the last decade. today there are more patent filed in china than the u.s. and jet -- japan combined. there are more phd's graduating in china than any other nation.

the pool and onto per newer's who are doing interesting -- entrepreneurs who are doing interesting things in china continues to grow. emily: startups have been halves lved down to $6.5 billion. does that concern you? glenn: if you look quarter to quarter, you will see variation in the amount of deals seeing done. china is no different. like ggv, other funds have raised capital in china. again you have a large pool of , entrepreneurs looking to do interesting things. when you marry availability with entrepreneurs, i think you will see a healthy rate of growth in the number of startups in china across early-stage and even into later stage. it does not worry us. we are in china for the long haul. we have a new fund.

we are ready to invest. we are eager to see what is out there. emily: we are seeing venture capital firms like yourselves raising billion dollar funds, even though we are supposedly heading into a downturn and companies are having trouble raising money. bill gurley of benchmark capital talks to techcrunch today and said that the kaufmann fund said that billion-dollar funds suck, then everyone went out and raised billion-dollar funds. he is referring to this report by the kaufmann foundation that says venture capital is a not good place for institutions to invest, especially in bigger funds. what is your response? glenn we agree with bill. :we think he is absolutely right. the numbers do not lie. large funds do not perform well. if you break down the funds that we have raised, ggv6 looks like 3, 4, and 5. in terms of size. we will continue to invest in a 70% in series a deals, and in

balance with larger opportunities like airbnb and slack. companies that are strategic to us. even if later. in addition to that fund, we have raised $250 million in a separate vehicle, again, focused on seed investing. we break our funds into more manageable fun, in line with what bill suggests makes the most sense. emily: another trend we have talked about is startups are delaying going public longer and longer. venture capitalists are not seeing exits. it is interesting even though , investments are not being made, funds are still being raised companies are not , going public. how does this cycle play out? who does this come back to bite? ?he lp's glenn it is difficult to answer. : at the end of the day, we have

to be focused on our markets. focus on looking for entrepreneurs who want to be global. focus on our funds, which we have broken into smaller chunks. we think that we will have the opportunity to invest successfully. emily: on that note, we will be talking about lyft and uber. you are a dd investor. who wins in uber vs. lyft? do you see a duopoly? glenn: the ridesharing market is a marketplace business. in marketplace businesses liquidity matters. those businesses tend to be dominated by the leader in the market. in the u.s., uber is the leader. lyft does well, but it is number two. in china, dd is the dominant player. uber has a dominant business, but they are number two.

we are excited to be investors in dd. emily: you see a winner take most market in ridesharing? is that correct? glenn: in marketplaces, you tend to see winner take most markets. that is why we are excited to be a market leader in china. we are also the leader in grabtaxi in southeast asia. being a leader in those businesses is important. that is what we focus on in marketplace models. emily: glenn solomon, managing partner at ggv. thank you for joining us. glenn thanks, emily. emily: after discussions with state-backed chinese investment group on a deal. $110 per share. the maker of touchscreen technology using mobile devices and computers is targeting a

deal announcement for the end of the month when it reports earnings. taste on thursday's closing price, synoptics is valued at $3 billion. yahoo! filing paperwork to update their definition of change. what does it mean for investors and employees? ♪

emily: now to yahoo!, the struggling company filed paperwork amending employee severance plans if there's a change in control or sale. the filing also approves severance tax of executives. what does it mean? joining me is cory johnson. why is this important? cory: it's fundamentally changes what will happen if the company is taken over. yahoo! had a very clear plan for those employees like -- lucky enough to have change of control in their contract. if the business changes hands,

if the control is changed to another entity some particular , employees who had this in their contract would be paid out. the old standard has established , as well as recently defined on april 29, talking about a double trigger. the two things had to happen, the double trigger specifically said that -- it was a concise statement. said, a doublet trigger provision benefits require a change of control and termination of employment. two things, a change in control, and the person working at the cup and he gets fired by the new owner. today's paperwork does not appear to say much different. it talks about all employees of a certain type those employees no longer have to get fired to be fit paid -- to be paid. the new filing specifically says a sale of all or substantially

all of the companies operating businesses. with that sale, the change of control would be triggered. those big or small payment would go to those employees with those in their contracts. emily: what is it mean for marissa mayer's? corey: speaking of smart employees, or it -- marissa mayer, the highest paid female employee in the land has this , in her contract. as does the cfo. this change in control for her is a good one. it will guarantee even if she is not hired by the new people, with that change in control, it would give her a lot of interesting things. one year's salary, $1 million. a year of bonus, $2 million. the prior year unpaid bonus, 12 months of health benefits, and six months of stock options. it would be worth $8 million. all in, $11 million for marissa

mayer if substantially all or all assets of the operating company are sold if they fire her or not. emily: cory johnson, thank you. joining us from l.a. we will follow that story as that comes in from yahoo! next week. coming up, dysfunction continues to brew at viacom. we dig into what is behind the boardroom drama, nt. if you like bloomberg news, you can listen on the bloomberg radio app on bloomberg.com and in the u.s. on sirius xm. more of "bloomberg west." ♪

>> the top stories this hour, china's economy is showing signs of stability, with latest data matching forecast. they have grown 6.7%, in line with beijing's target. industrial production was the biggest surprise, up 6.8% against the forecasted 5.9%. shares have fallen in tokyo after last night's earthquake which killed nine people and injured more than 900. they have shut down to small hydropower plants, but said there is no damage to the nuclear reactors.

honda, bridgestone, and sony have halted production at factories. sources say goldman sachs has embarked on its biggest cost-cutting drive in years. points to as -- slump in dealmaking. they are cracking down on entertainment spending. investorsy, he told he was keeping an eagle eye on expenses. those are the headlines from bloomberg news, powered by over 2400 journalistic in 150 bureaus. let's get the latest from the markets. here is david watching all of that. david: it is the time of the day when japan reopened from their lunch break. apart from all of this data and all of the metrics coming out, china is the bigger story coming out of asia. the other one -- we are continuing to follow news out of japan. the big earthquake we talked about.

we were talking about the impact on the economy. a lot of companies have production there, news trickled in this morning that some of these companies are halting production for precautionary purposes only. toyota you a sense -- has production. sony has made one of its plants, confirmed there was no damage. the one utility that offers nuclear plants in the city also reported no damage to its nuclear plants. a carmaker, a tire maker, and a beverage maker halted production. just a few other moves we are following, to give you a sense of changes of analyst ratings. you can see what had upgrades and downgrades.

this is what asia looks like. the benchmark is lower, first time in eight days. that is what you get when markets have one of their best weeks so far this year. a lot of these markets are at year-to-date highs. emily: new developments in the trial over sumner redstone mental competency case. they say he will not have to testify next week. case, over whether his ex-girlfriend should be reinstated as his health care agent. the drama went from the court -- courtroom to the boardroom. the new ceo of viacom is having trouble gaining support from the creative's at the media giant out with a new vanity fair story. william joins us now. what do you make of this decision that redstone will not be testifying?

william: there is a little bit of jockeying among lawyers in the last few days, which i think got this decision to come out. which was the lawyers from asked's former girlfriend for him to be deposed because the lawyers for sumner had him on the witness list for the trial, that gave the lawyers for men well hers are an opening for a bit -- to asked for a deposition. they asked for the deposition yesterday and today you see the lawyers for sumner have pulled back from put him on the witness list. that is over. he will not be a witness, which is probably for the best. i don't think he is in much of a condition to testify or be deposed right now. emily: let's talk about that. and your report, do you believe he is making his own decisions? william: this is the central thought that everybody wants to know.

is he making his own decisions? it is very difficult to know. i had e-mail correspondence with him a year ago. i don't think that he has been in touch with very many people in the media since then, or outside of his small circle. if you ask the ceo of viacom who was recently appointed the chairman of viacom after sumner stepped down in february, he would say that sumner is as good as ever. everything is great. talk to him all the time about sports and the business, etc.. if you ask everybody else, they will tell you that sumner cannot speak very well. is not particularly coherent at the moment. and is not making his own decisions. i think that is one of the things the trial was going to determine, if he is competent to make his own decisions. emily: how would you describe the feeling within viacom about philippe dillmann's performance and if he should be in the job.

objectiveet's look at measures, let's look at the stock price. in the last year, viacom is down 40% to 50%. in 2015 it was the worst-performing stock in the s&p media index. the rewards that he got for the million, --with $54 was including $17 million $54 million, of payment for a three-year contract. i think when you see the ceo who is on the top floor of the executive building in times square and does not mingle with the rank and file in viacom's offices, the stock down 50%, him being rewarded with $54 million from it, it has a lot of people scratching our heads and wondering if he is worth it. he was also appointed the chairman of the company to take

over from sumner. the lone dissenter there in a 10-1 vote was sumner's daughter. i think there are people questioning philippe dauman's stewardship of viacom. as i wrote earlier this week in "vanity fair" there are people on the creative side of viacom wondering about philippe and his leadership. they spoke about a brain drain where these creative types are fleeing the company. there's evidence of that. emily: legally, what can be done to change the situation? if there were a change to be made how would that happen? ,william it is very tough. : at the moment, sumner redstone is alive. he still controls nearly 80% of the voting stock of viacom and cbs. he could change philippe dauman in a second.

in the old days when the stock of viacom shifted a dollar or two, sumner would be on the phone, and would not be adverse to firing a ceo on the spot. he has fired a lot of ceos. a lot of people point to the fact that the stock was down 50% and philippe dauman is still further proof that sumner redstone is not focusing like he used to on the viacom stock price. what can be done? you have a hedge fund. spring oaks asset management that has put forth a 99 page critique of his leadership. you have another large shareholder who has critique his leadership. but philip has the support of the board of directors. there was a crucial litmus test during the opportunity that could have replaced him in february. they chose not to. he got a 10-1 plurality and a

new contract that paid him a signing bonus of $17 million. when you have the board of directors wrapped around your finger, the company not performing well, shareholders advocating for change. you have a situation that is rife for an explosion. emily: that is fascinating. -- withg editor, bill: a new piece in vanity fair at the redstone viacom drama. the new york times is looking beyond the big apple. they will invest $50 million over the next three years into a team called nypglobal to increase its audience around the world. the investment is a down payment on a new era of international growth for the company. it is a plan to double digital sales by 2020. well sp microelectronics is

, hunting for a replacement for their ceo. the franco-italian chipmaker may bring in a successor before they contract expires next year. that is according to people familiar with the plan, who also say that stmicro also has a short list of replacements. conductoriggest semi creator is looking for a leader to return it to growth. they have cut several jobs as they continue to struggle. still ahead, event bright announcing a new partnership. how the company plans to integrate with facebook. we will hear from the cofounder, next. stay tuned to find out who is having the best day ever? here is a hint, it was 169 days in the making. ♪

emily: a story we are watching -- snapchat has surpassed instagram as the preferred social network for teenagers. research released shows that a survey polled 6500 teenagers and saw a surge in snapchat. -- use this spring with as much as 20% saying that it is their most important social network. last year, 33% said instagram was the most important with snapchat at 19%. facebook push into ticketing got bigger with a new partnership with event bright. they are selling tickets directly through the social networking app. if an event official facebook page is linked to eventbrite you can purchase and view the ticket without leaving facebook. they will both offer this type of integration.

joining me now, is julia. how much traffic you expect in the partnership? how do you expect this to contribute? julia: thank you for having me. event bright and facebook have been partners since 2008 when they launched kinect. at that time, our partnership and integration with the ability to share on facebook drove a significant amount of traffic to our site. it was the number one traffic driver to eventbrite for many years. this next integration is very exciting because we are taking a step forward in helping consumers find great events, hyper local events that are interesting, and still our calendars, and allowing them to buy tickets on the facebook app and access those tickets without leaving facebook. emily: ticketmaster is also partnering with facebook and

paying them an affiliate fee. they charge a transaction fee to begin with, but that is different from your model. can you explain how you make money? julia: eventbrite makes money by charging a low ticketing fee. the original purpose of eventbrite was to democratize tickets. the per ticket fee is extremely accessible. the theme of the integration rests in the symbiotic nature of eventbrite and facebook. we believe in bringing the world together through innovation. we are driving people to live experiences. we are looking at distribution, this idea of discovering new events, and accessibility, which points back to the revenue model at eventbrite, below ticket fee. emily: is that different from how ticketmaster has structured their deal? if so, how? julia: i don't have the

particulars of the ticketmaster deal for obvious reasons, but our relationship does not include an affiliate fee. i think that points back to the idea that facebook is interested in helping to bring the world together, and have great content in their newsfeeds. while there are amazing opportunities to buy tickets to a taylor swift concert, we find great value in helping you find unique event inventory like a mud run. emily: events and experiences are becoming the preferred way for millennials to spend disposable income. i wonder, how much are you seeing millennials driving your business? julia we dub them the experience : generation for reason. three out of four prefer to spend their income on experiences rather than things. that is great for eventbrite as we start to really help utilize

distributed commerce to help people discover new events. i think we well reach more millennials as they look for great ways to either rally their friends to attend an event, learn something new, or broaden their horizons. emily: you and i have checked in a few times over the years and you have said that eventbrite will go public. last october, you said there were no plans for an idea now or -- ipo now or soon that you are focused on self funding. how is that going? has anything changed? julia: i'm still surprised by this question. it is going quite well. ask.: i have to julia girl -- julia i think : great company should have great options. eventbrite is in that relm. we have built a great long term sustainable business. my cofounders and i intend for eventbrite to be an independent company. we have been forthcoming about an ipo being on our roads that. -- map. as we have been able to

prove the sustainability of event bright and drive double-digit growth while getting the cash flow possibility by the end of the year, we will be in great shape. emily: the ticketing business is evolving. the partnership with facebook is one thing, but the yankees stopped accepting printed tickets from secondary markets to curb scalping. how do you see the ticketing business evolving and how does , affect -- that affect event bright. julia it began with paper : tickets and terminals, and now mobile ticketing has taken off. rfid technology has tied tickets to people. we have ways to personalize to getting. -- personalize ticketing. primary ticketing is different than secondary ticketing. event bright drives primary ticket sales.

the way that we look at the access control issue, it is about the consumer. how can we protect the consumer to trust the transaction? and also to have a great experience when they enter an event? we have a mobile app that drives instant download and integration with entry management systems as well as rfid technology that allows organizers to manage at scale events and access control. emily: it is interesting. julia, cofounder, president of event bright. thank you for joining us. a story we are watching, the founder of the privately held private security firm warns that we will see more attacks on financial targets. this after hackers recently stole funds from the bangladesh central bank and moved the russian ruble's exchange rate. he is said the attacks will look like cyber terrorism. >> i am afraid that the attacks,

the cryptologists work. i'm afraid that they will employ professional criminals to hack financial systems. emily: kaspersky adds that it -- global losses from hacking exceed $1 billion a year. lyft has been spending big to snatch market share away from uber in the u.s.. is it working? we will discuss. tamara on bloomberg, do not miss an all-star lineup of economists on "surveillance." adam pozen joins tom keene along with harvard university professor tim -- ken rogoff. ♪

emily: in the race for ridesharing supremacy uber is , in the lead, but lyft is gaining fast. lyft is in the midst of a massive spending spree. you may have seen the billboards, that vouchers, or the half off fares. is lyft closing in? can they hold onto the lead? to break it down, our bloomberg news reporter who covers lyft uber and. --and uber. what exactly is happening? lyft it seems has gained market share in a number of sick -- cities. >> uber has always been a step ahead of lyft in terms of size. a big step ahead. right now they are focused internationally and have been , trying to turn on profits in the united states, which has had them pull back the subsidies that both are spending aggressively on. eric it has given lyft an : opportunity to grow its market share. liftboth would agree that

-- lyft has grown in market share they disagree on how much. , one good marker is that in the united states uber is doing 50 million trips and lyft is doing 11 million. emily: we were speaking with an capitalist venture at ggv at didi, who is partnered with lyft. he thinks that it is a winner take most market. what do you think? eric: lyft thinks duopoly. uber isn't a situation where they are the number two in china. clearly they either think there can be two, or they can move to number one. it seems like 2 players are possible. it is hard. what i'm hearing is that it is hard to know when there are aggressive subsidies at play. emily: one thing that would be good to look at is how sticky is this lead? if some customers switch from

uber to lyft because they're offering subsidies. then they take away those subsidies, then do the customers go to uber, or is there not loyalty to the right sharing company? eric: there are a chunk that are uber loyalists, lyft loyalists, then a segment that is going back-and-forth. those people are price sensitive . if subsidies come down, coupons come down they will go to , whatever is cheapest. emily: is lyft planing to stop the subsidies or the vouchers? eric: right now they are in growth mode. they announced the $1 billion in fundraising in january. they will spend it and make uber feel the heat. i do not think they will pull back. emily: can you see uber turning on the heat? they said they will get to profitability soon but , potentially putting that on pause to compete?

eric: that is the question. uber has $6 billion and $2 billion in credit facility. they have the money if they want to turn the screws to lyft. but, i think the ceo committed , to being profitable in north america. they are profitable in canada and the united states. they will have to watch the situation and decide. emily: our uber and lyft reporter on the ridesharing wars. thank you, eric. time now to find out who is having the best day ever? today's winner is the golden state warriors. their victory over the memphis grizzlies cemented their place in history as the team with the most wins ever in a single season. the steph curry warriors beat the grizzlies finishing the 125-104, season 73-nine, breaking michael jordan's 1995 chicago bulls record. congratulations to the warriors. the next step is the playoffs.

do us proud. that does it for this edition of "bloomberg west." thank you for joining us. tomorrow a key deadline for , apple in the case over government access to a brooklyn drug dealer and his iphone, next. ♪

♪ >> this program is a paid presentation for omegaxl and brought to you by great health works. larry: welcome. i am larry king. and i'm here to report on a significant health investigation that has been taking place for the past couple of years. the information i will provide you over the course of the show is related to everyone's health