the east coast. more than two million residents have been warned to evacuate. after reaching areas cut off by the storm, haitian officials have dramatically increased the numb of fatalities. 8 people now confirmed dead. the previous number was 23. russia has issued a warning to the u.s. against attacking forces allied with the syrian government. it's the latest sign of escalating tensions between moscow and washington. the kremlin said strikes targeting government controlled territories are a direct threat against russian december ployed in the area. by consensus, the united nations security council today formally nominated an tan tone -- antonio gutierrez to be the next secretary general he spent 10 years as u.n. high commissioner for refugees he said he wants to serve the most vulnerable. >> conflict and terrorism, the victims of the violation of rights, the victims of poverty nd injustices.

>> the 193-member general assembly is expected to approve is nomination next week. "bloomberg technology" is next. emily: i'm emily chang, this is "bloomberg technology." social media star snapchat may be getting ready for the public market. we'll bring you up to date. plus, does anyone want to buy twitter? shares fall 20% on news that talks for a deal are falling apart. and how he won a turf war and biggestr uber in asia's

market. but first, snapchat prepares the paperwork to go public. according to people familiar with the matter, they're aiming to sell shares at the first of next year but timing is tricky. joining me now from new york, our bloomberg "business week" reporter max is here with the latest you did an in depth on the latest on this. >> they're seeking $25 billion which, a lot of people in silicon valley have been worried there's some sort of, the air is being taken out of the bubble. that'll give a lot of confidence because it's a big improvement over their last valuation. the other thing is, they're trying to do this quickly. it's pretty stunning when you think about how fast snapchat is moving. they only aed the base exmeasuring features most of

their competitors have in the past weeks and months and they just announced this glasses thing, just changed their name to snap inc., which i think i just made a mistake there it's wild how fast the story has moved. the i.p.o. is the latest thing in what's been a crazy six months. emily: why do you think they're going forward with this now? i know there are a number of factors out there they said will affect their time. >> they're trying to seize some momentum. ince ta gram, facebook's instagram just knocked off the basic functionality of snapchat. i think there must be concern about that and you want to seize the moment right now. it's been really good. and the other thing is again, snapchat is unproven. there may be a thought like, we may as well get public now rather than risk some problem in the private market. if private market were co-dry up

in the coming 12 months or 18 month, that could be a problem for snapchat if it weren't public. it's a combination of seizing the moment and also trying to time the market. emily: i spoke with twitter investor chris this week and the first thing he did when he saw me is snap, not use twitter and he's been twitter's biggest cheerleader for ea the longest time. thereon what he had to say. >> snapchat is less about the product and more about the product team. it's a company that's been willing and able to reinvent itself a few times. they're bold and take chances. when they walked up to me after a talk i gai, they said, we love i said what.d for, and by the time we got back to them, they had done a teal with somebody else, probably cost us

a few billion dollars. emily: he didn't get in on that deal but others did. he's using the product innovation, the willingness to change as a positive, perhaps in comparison to twitter which hasn't change. how are -- what do we know about the actual number here's in terms of users and user growth? and the actual market that snapchat has been able to bite off? >> i think we're talking about 150 million daily actives which is a big number. i'm not sure -- twitter has been sort of squirrely about its daily users in the past but i think most people believe snapchat is seeing much better engagement than twitter and when you consider that the way that snapchat has grown and how young it is, that's pretty impressive. the other thing about snapchat right now is, it's just cool. i think one of the things we've learned from watching the evolution of these social networks over the past decade is, that sort of thing matters. twitter really seems to be

struggling just to retain users, to get people excited about it, where snapchat, they are just bringing out new products, new ideas, sort of these new shows constantly and there's, you know, there's a real sense of momentum. emily: we'll see if cool is enough to spark public market investors. our bloomberg "business week" reporter, max chsta. we'll continue the story tomorrow with light speed venture partner robbie maxer, the very first venture capital firm to back snapchat. turning now, qualcomm is moving closer to a deal with a dutch chipmaker. the two companies are making progress on price negotiations. shears of both stocks rose in thursday trading. on the other hand, twitter, shares plunged the most since 2015 on reports that prospects for a deal are falling apart. joining us for the latest on both stories, alex sherman in new york. alex, let's start with twitter.

there's reporting now that google and disney are not making a bid for twitter. that sells far -- sales force may be the only suitor remaining. what do we know? alex: it's not all that surprising that google at this stage would say they're not bidding. our initial reporting indicated they might not bid. it opportunity make sense, i would arguing for google to bid unless it knows someone else is going to to a deal for twitter. i think google is fine with an independent twitter. they have a search partnership there. you would think the reason they'd want to buy twitter is to secure that search partnership for the long haul. if they felt like twitter would be an independent company there'd there'd be no need to buy twit . disney, they were with a financial advisor last week. we haven't been able to independently confirm they're out of this yet so we don't know that for sure yet. rico did say they're not going to bid. sales force is still there. sales force has not backed down.

recon firled that today. so they are still taking a look at this. not to to say that a deal will get done, necessarily, but maybe now sales force sees this potential transaction has actually moved in their direction, advantageously, if they're the only better, they might get twitter for a lower price. >> let's say a deal doesn't get done. after all the speculation, where does that leave twit her obviously a potential acquisition had been priced in. ow we see the shares plunge. alex: i would imagine if no teal gets done, expect twitter shares to fall event further than they already have because the premium that's been baked into a stk for months and months now will evab rate, at least for the time being. knowing twitter, the speculation would probably come back around sooner rather than later. i think that there are a lot of people that are close to twitter. either advisors to twitter or people at the board level that

want to see a transaction get done. so even if no deal happens now, i wouldn't necessarily rule out that no deal would happen in 2017. emily: quickly on qualcomm and x.p., we know they're getting closer to a deal on price. how soon could this happen? alex: this one may happen sooner than you think. originally, there had been reports that a deal might be two to three months away. then we did a lit real porting on it on friday. now i'm hearing things have accelerated. the two sides have made pretty good proguess. -- progress. there's still a valuation gap. it's less than 10%. from what i hear, n.x.p. wants about $100 a share, qualcomm more than like $110 a share but they are making progress. there are active discussions. qualcomm is the only potential suitor right now. so all of those reasons lead me to believe that we may actually e a deal get done, you know,

at least let's say in the next few months. emily: thank you for that update and your great reporting this week. facebook is working on a new virtual reality product that's a tep above samsung's, but not the best. they say thear aiming for a sweet spot between the products but it's not yet ready for launch. zuckerberg also demonstrated avenue tars that can be customized to look like real , thee, read hand movements point is to give us all a place in virtual reality. they've spent $250 million on software and are pledging $250 million more. coming up, we'll hear from tpwhrobalrorpgses vice president hue ga barr; a and roger lynch. this is bloomberg.

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emily: welcome back to "bloomberg tech," we're monitoring some breaking news, headlines from the new york post that verizon is pushing for a $1 billion discount on its yahoo acquisition. they agreed to buy yahoo for $4. billion, but yahoo in the midst of a hacking scandal involving information stolen from over half a billion accounts this coming from the new york post, source telling the new york post, we'll work to confirm this verizon reportedly asking for a $1 billion discount on its deal for yahoo. the ng now to streaming,

xiamoomi's set top box is entering the u.s. one thing that makes the mi box stand out, pre-installed sling tv which offers internet based live tv. ere with me now, roger lynch nd xiaomi's v.p. hugo, let's start with you. why get in this market when there are a lot of players here already? >> you know our company well. our mantra, the way we do business, our d.n.a., is what we call innovation for everyone. it's this idea of bringing cutting edge technology to everyone by making products in very large scale and selling them at, you know, very small margin. we saw an opportunity here in the u.s. to disrupt these particular connective leader space with this model. that's why we brought mi box in

partnership with google and sling tv. we're here because the cord cutting phenomenon seems to be going mass market. this is the right time to enter this space. emily: sling is available on other devices but hugo work the mi box, you get a discount. how many subscribers does sling ave and how many more do you expect? >> we don't release these numbers because we're part of dish tv. xiaomi has shown to be a tough innovator in china. i think this has been a launch that people have been looking forward to and bhn excited about. emily: will the sling app on the mi box work with voice commands? how will this work? >> it's a fully integrated experience so one of the innovative things we're doing purchasemi is when you

the box it'll launch right into sling tv. >> people talk about all the time, i don't watch tv anymore, why do i have a cable subscription in people do watch a lot of tv. video content is at a rise but they want to be their own content. they say, i want to buy a box but do i lose my cable subscription? we put your cable tv subscription nts the boxful you get what you had before but don't need a subscription. this is so important for the product story, why people would want to buy this story. out of the box, when you power on mi box for the first time, connect to wi-fi, go directly to live television, almost as if it was a cable box. we have a special arrangement with sling whereby during that first day you get to watch live tv, entirely for free, without a paywall so you can know how well it works.

emily: it's interesting because in china, live streaming is huge. it's far bigger than it is in the united states. and i'm wondering if you could describe that for me a little bit and how you expect live streaming in the u.s. to evolve. how will it get there? >> so it's an interesting blend of the old and new. but live streaming in china has taken over both for big events, which is sort of something we already know, but the personal live stream, you live streaming yourself is a big trend as well. we'll see how much of that translates to the u.s. i think what's more interesting over the next couple of years in the u.s. are the big things you would only catch on your regular television now being available much more easily, both live as well as on demand later. there's -- unbundling trends at play here that will accelerate this trend. emily: lodger -- roger, how do you see the market evolving? >> the pay tv market is in a state of transition.

five years ago, pay tv penetration by households was around 88%. today it's down close to 80%. we can see the shifts happening where consumers are moving to more stream, putting together their own bundles with different services that weren't available before. we're just at the beginning of a long shift that we're going to see, moving to streaming. emily: google unveiled google home earlier this week, will sling work on that? >> we look to work on every device, it's important to be on every streaming device people are news -- using. emily: hugo, you can order this online but you can also buy it at wal-mart. is this an indication of how we may find future xiaomi products? >> we'll see. we're here one disruptive product at a time. google us into wal-mart. they've known retail channels

really well here for some time. one retail channel is enough for us to start with, we chose a wide reach one and we'll go from there. emily: you used to work for google for a long time. i'll ask you in the next block what you think of their announcement this week. hugo, you're sticking with me. roger lifplg, thanks for joining us. coming up, we dig into xiaomi's other products. this is bloomberg. ♪

emily: wal-mart is strengthening an alliance to win more market shire in the world's largest online market. it's hoping to help it succeed in china where it's estimating a quarter of retail growth will come from in the next five years.

they're spending big on ecommerce to compete with amazon. wal-mart just snapped up jet.com last month. competition in the cell phone continues to heat up. xiaomi unveiled its latest device hoping to challenge apple and samsung. contender as it its new phone. i'm curious to know what you think about the new phones and the fact that google is making its knew phones. >> i was able to try the pixle, i'm a big fan. to me the most important thing google is doing here is brand. this is the first time we're seeing a phone with a big g on the back. we've been talking about the

google phone for years, but it was never the google phone. now it is. emily: is this competition? >> for sure it's competition. i'm delighted because i think this is the kind of move that will shake up the industry in more ways than one. emily: how? >> it is a different kind of inknow veags. one person put it well when he said, the pixel is the future of a.i. we've been seeing display innovation, battery innovation, camera innovation for a long time, those will continue but i think where the real user experience differential will come from in the future is the sort of things we're seeing do.le emily: would you consider using e google assistant in xiaomi phones? >> we already are to an extent. i'm a big fan.

emily: let's talk about the new mi phone. this is, you know, your state of the art, highest end phone. affect apple just came out with its new iphones. samsung is having some issues, which we'll get to, but what makes you think this can reinvigorate smartphone growth? >> this is our latest flagship, mi 5-s, a five-inch device, crystal display. it has a couple of innovations, one is the way you unwelcome the fen. an under glass thumb recognition. instead of a button, it's a piece of glass with a little dimple so you can find it when you're not looking. it's the first time someone is using this technology which makes it faster, more elegant, looks much better too. then the other thing we're doing also is the camera that we're ing, this is a 1.65 micron

large, large pixel camera sensor. coincidently, the same one we think is being use on pixel. emily: what's your take take on the samsung issue? massive global recalls, people, you know, could potentially end up switching to xiaomi or other brands because of it. >> it is a real issue. potentially very significant backlash. we are one the biggest innovators in battery technology. we were one of the first to talk about the density specifications of our battery because we're probably the leading player in china or india about how much juice we can get out a battery volume. battery technology is complex, you have to test it a lot, and we do. we haven't encountered these kinds of issues. i think we'll get past this hopefully they'll recover, they'll get their brand become. -- back. it's realy perhaps a small mistake that will cost them

dearly but i don't think this is a long-term problem. emily: we have 15 seconds left, i know you said that it's really the supply issue that are impacting the xiaomi growth numbers. when do you see the supply meeting the demand for xiaomi phones? >> our supply line is being reinvigorated every day. we've seen more demand than we have before, we're doing everything we can to go larger and larger scale. emily: all right, hue ga bar barra;, vice president of xiaomi. thank you for joining us. it may not be a household name yet, it is in china, but maybe it should be. that's next. ♪

mark: i'm park crumpton, you're watching "bloomberg technology." let's begin with a check of the news. new jersey investigators confirm plowed into a

station was traveling twice the posted speed limit. they say the damaged train is ready to be removed. one person was killed and many others were injured. of a party has been hospitalized. authorities in india arrested 70 people and are questioning hundreds more in a scam targeting thousands of americans. mumbai police say the suspects posed as tax authorities, even running fake call centers, then contacted u.s. nationals demanding they settle back taxes. official says the scam brought in as much as $150,000 a day. pakistani lawmakers have passed legislation increasing penalties for so-called honor killers. it closes a loophole that often

allowed offenders to go free. more than 1,000 women were killed last yearing often by fathers, brothers or husbands. the law mandates a 25-year prison sentence to anyone convicted. it's just after 6:30 p.m. thursday here in new york, 9:30 friday morning in sydney. paul has a look at the markets. paul, good morning. paul: good morning. looks like another down day on off a , off .4% rounding disappointing week in new zealand. future expected to be a little ighter, knee key -- nikkei futures looking mixed. a couple of stocks worth watching in japan. they're planning to dizest struggling department stores and japan tobacco has announced a

half billion dollar ecigarette production plant based in japan and china. the big one will be samsung releasing a third quarter preliminary earnings guidance. this is the first look at how samsung is doing earnings wise since the well publicized problems of the exploding note 7's. we take a look at sham -- at samsung's prices, the dip toward the end so far has been deal welling with the fallout from that problem. we'll get more news from samsung in just under an hour's time. more on bloomberg technology, next. ♪ emily: this is "bloomberg technology," i'm emily chang. ou may have heard of travels

calonic at uber, but how about cheng wei. he successfully won a turf war with uber and turned his ride hailing app into a global force. cheng sat down with a rare interview with brad stone and is featured on the cover of the latest issue of bloomberg's "business week." brad just got back from there. tell us about this guy. brad: four years ago, he's a middle manager, sales guy in ali baba. he's -- he breaks off to do this thing, competing with 30 other ride sharing startups. goes head-to-head with another one backed by ali baba, wins that battle, then went head-to-head with uber and they've done a peace deal over the summer. uber agreed to leave china, but 17% of his company.

emily: i know he's interested in military history , he led the battle with uber like a war. they call the main conference room the war room. there must be something about these guys. cheng wei is very interested in military history, he called his the wolf totem after a novel. that sort of outlook ened up being valuable. emily: he's taken out two big players but is the fight other, at least in china? rad: there's a couple of local players, but the landscape is change, it's going to move to driverless cars and then there's

the world outside of china. didi didn't agree to not expand outside china, he said he and ber may end up competing elsewhere in the world. emily: we know uber has driverless cars, how do they feel about it? brad: my sense is didi is just getting started, trying to make some key hires. cheng wei said somewhat humbly maybe we'll surprise you. i think they have day tark people have didi apps on their phone, that's big head start. emily: both didi and uber lost a lot of money taking each other on. they've gotten rid of some subsidies, how close are they to turning a profit? brad: i think next year they'll file to go public.

a big part of their business is facilitating yellow cabs and they hardly make any money on that at all. we talked to drivers that complained that fares have gone up and discounts and perks for drivers have gone down. didi like everyone else trying to rationalize their business. i expect the economics will improve and we'll get a look at the underlying popularity. emily: brad stone, our global tech editor, thanks for sharing that with us. a stock we are watching, koopa software surged its first day of trading, this after the company priced its shares at the high end of an increased range. it's been a slow year for i.p.o.'s, but the move suggests a strong appetite for tech offers. our reporters spoke to coupa's c.e.o. and asked what to expect in coming months?

>> we had a great reception from investors across the company. -- country. what they can expect is for my team and i to continue to driving our company further and further, driving measurable value to them, better visibility, more compliance for our platform. emily: this weekend on bloomberg, we'll bring you all our best interviews from the week, including our interview with gopro c.e.o. nick woodman as they revamped the hero 5. the best of bloomberg television this weekend. up next, how cloud-based tools are unlocking new frontiers in the way we work.

emily: apple is consolidating its efforts in cloud services, combining the teams working on siri, maps, apple news, apple music, eastbound parts of itunes into one location in their infinite loop campus. the groups currently work separately in different business parks, something that's been blamed for bugs. this as apple hopes to grow and compete with amazon. advances in the cloud have changed the way people work. it's helped teams work remotely and startups are trying to address points for businesses across the economy. what does the future of work look leek? what is the next generation of workers looking for? dropbox vice president of engineering, and april underwood. thank you for being here. i'm fascinated with this topic

because, you know, from the way office spaces look to the technology we use, it's all going to change. i wonder how you think it's going to change. april, let's start with you. the office space. what looks different in, say, 110 years? >> different lighting. i think that the office space, and i think that really, the experience of work has a lot of similarities of today. but i think a lot of constraints are being removed. people have the opportunity to work in a more distributed fashion, not necessarily all in the same physical space. they have the ability to work different hours and also the global aspect of the economy sort of necessitates that. but you know, more importantly, i think that there's an increased appreciation for really allowing employees to have the agency and really the flexibility to choose the work style that works best for them. that's one of the things obviously we're focused on is even though those constraints may be removed, people still need a place to go to to get

work done. when they open flak, they are at work. it enables them to still be able to communicate with each other but work with a wide variety of software and do that across geography, across time zones and do it in an efficient way. emily: some people say productivity hasn't changed very much, even though how we get stuff done and the amount of flexibility we have has actually changed a lot. huh would you respond to that? >> there's been a lot of technological progress ove the last 20 or 30 years but at the same time, the amount of information and communication has increased way faster than technology has been able to keep up with, especial he in the workplace. add to that the fact that if you're going to look at how productivity software was built r the last 20 year, it was a machine life cycle. slack and dropbox gets goal every day. that's our base of experimentation. i think the other thing that has

changed is that we are building for the user, not for the buyer. because historically you'd have buildingfor the people the software not using the software. so low iteration cycles. once you remove the constraints i think we'll see a ton of productivity gains over the next 20 years. >> april, what are the biggest points you are trying to address. email is a big one. do you think email will go away ultimately? >> i think people will always need ways to communicate with people outside their organization and email is great because anyone can email one another. but that's also one of its major downsides. you know, the main problems that slack solves is brings transparency to organizations so conversations that happen between two individuals that may be of value now or six months from now or a year from now are available to other individuals within the organization. slack brings that transparency by organizing conversation topics.ork and around

but it also really brings sort of a lot of new elements that make workplace communication just more attuned to the needs of the individual user. so notifications that allow you to tune in to thing the most plugged into the topics that are critical to your work. we're just getting started. artificial intelligence, a lot of things we could do to help elevate the most important topics and connect the right people to one another as well as the right tools, software applications and so forth, that's still to come. so we feel like, we're in an early stage of this major transformation around workplace communeation and productivity and we think it's an important part of that, but it's just the beginning. emily: how do you see a.i., how do you intebbed to use a.i. to improve productivity? >> i think we're still in the early days of applying a.i. to

product iity. we've made so much advances in a.i. but it's used to rank the ads you see, rank the sfpblg results you get and the recommendations on amazon. i can't think of one super important or super useful application of it at the workplace. i can't tell you what we're working on there but there are things going on. emily: of course there is competition out there. the information wrote a piece about they were peddling their own a.i. as a way to perhaps gauge sentiment at work, gauge how employees are feeling about certain things. what was your response to that? >> yeah, i mean, i'm not surprised to see that there is more competition in this space. it's -- what we're trying to solve with slack is really widespread problem. people spend so much time serging for information, communicating with each other then there's been a proliferation of software, there are more new types of software that help people do their work better than ever before. they need to talk to each other, work together.

so that's one of the things we enable. i'm not surprised that there are more companies coming in this space. there are plenty of other companies in dropbox's space. yet they're a very successful company. i'm not -- we're not surprised by that. a lot of the products that we hear rumors about, we haven't seen yet. i think it's really early to say exactly, you know, whether one of these other products is going to be, you know, really meaningful swing at this. if we go back in history, i.b.m. probably didn't anticipate that some hippies from microsoft would be able to sort of be really competitive with them and it turns out of course microsoft was. google has run into that around social with facebook and there are applications like snapchat that are just taking the world by storm. there's always room for new entrants an we're actually trying to enable that further with our platform by creating the ability to help, you know, work teams find new software aply cages. so we're not just sort of at that forefront of actually

coming at this in a new way but enabling the next generation in software developers. emily: you guys have been trying to take on bigger and bigger businesses and i'm curious, you know, what go into designing a product for 10 people, versus 10,000 people in a single organization? >> one of the big model changes we have made is that instead of thinking of 10,000 person enterprise we think of the 1,000 10-person teams. how do we get growth and how do we get essentially a team a big behemoth to think of itself as loosely organized, nimble, fast, teams. if you can crack that nut you can rely on a lot of bottom up adoption that things slike slack and dropbox have seen. emily: last question to both of you, about millenials. what do they want, what do you think they want and how do you design products for them? >> one thing millenials value is

self-expression. i was at twit and e.g. we've seen reflects that. one of the things we bring with slack is we bring personality in the workplace. personality is not a distraction, it's an enabler for teams to work better together, for individuals to do their best work. that's just one of the many ways in which i think millenials will have the expectation to bring that personality but also, they're just going to expect that software at work is easy to use. the trainings we used to go through to learn to use software in the workplace is going to seem like it's completely from outer space to this yen ration that's never lived without the internet and that's where i think products like ours come in emily: you're nodding vigorous. >> yeah. simple, delightful, zero training cost, i think the disparity between consumer software and software at work is so high, that's a hurdle we need to cross over the next 1 or 0 years. emily: thank you both. looking forward to the future as you describe it.

up next, could the biggest known company hacking of all time put yahoo's $4. billion purchase price in jeopardy? we'll discuss, next. and if you like bloomberg news, check us out on the radio. listen on the bloomberg radio app, bloomberg.com and in the u.s.en sirius xm. this is bloomberg. ♪

emily: a story we are watching, alba bet's health tech company is join neg fight against the zika cyrus. they've developed machines and sensors to automate the breeding sterile mosquito, long considered a strategy for getting mosquito populations urn control and limiting the spread of zika and other viruses. they said they don't yet have a business mod nell mind for this prodge but it's confident such a large economic burden as mosquito-borne disease can

create a sustainable business. turning back now to the major tech deals in the works, we are diving into a report that verizon wants a $1 billion discount on its deal to buy yahoo of reports of a major hack attack, according to a post. armstrong flew to the west coast to meet and discuss price reduction, according to the report. joining me now, corey johnson, you spoke with tim just last week. >> yeah, emily: what was the take on that? >> it was part of a long conversation last week, we talked a little bit about this. he didn't want to say anything and of course i kept asking. one of the things we learned from him is this yes, they do -- the order event, yahoo got hacked, knew it got hacked, long pause, yahoo says verizon, by the way, we were hacked before we agrowed to this merger. emily: we don't know how long the pause was? >> but we know they knew and it

was not disclosed. people who looked at the document said they should have required -- disclosed it and should have been required to disclose it. that's a problem. because this merger -- a problem for those trying to compete the merger. i asked him, do you have a right to renegotiate? and what he -- he danced around with the notion that if the value of the deal has changed, they have the right to renegotiate. i asked is it possible that such there's no ed and damage to the underlying company. he said there are companies, like target, there's a target down the street from my house, i imagine it's well down the street from his house, and the parking lot looks crowded to me. >> is there precedent for a price change? >> on hacking, no, on products being damaged and companies being aware, it's a false

conveyance. it happens all the time in the debt marks and in mergers, where the underlying company the prospects have changed so it's toast. emily: qualcomm n.x.p. close to a deal. >> think about this in a couple of different ways. one is growth margins. we show the difference in the gross margins, maybe we do, maybe we don't. i don't know if we can fire it up. but i'll tell you about i. they're both profitable companies when it comes to gross margins. you put these two companies together, if you put these two companies together, what's going to happen fundamentally is that the numbers are going to come down. the margins are going to come down from a merged company because qualcomm's margins are better than n.x.p. but n.x.p. gives qualcomm a way to get into the automotive business that they haven't had. if we think about self-driving cars, whether through a company like tess la or this new

company, ford, chrysler, shery, ferrari, whoever. as cars become more complex electronic vehicles and the chips go from being simple chips p.c., quite a c.p.u. in a this lets qualcomm have access to that world. emily: we have a minute left to talk about twitter. >> that's hardly enough time. emily: google and disney off the table, sales force maybe still there we don't know about any other suitors, stock dropped 20%. >> top line growing so fast for twitter. disney would love to have a 20% year over year growing boins the top line, who wouldn't. but what we see with twitter is a low down in user growth is so important. when companies look at this, i'm sure any company who is able to kick the tires, to get more information they'd get it. it's only growing users at 1% ear over year.

emily: but espn is losing users. , you is a cable company could sell tires an grow it faster than that. you don't need a tech evaluation to do it. emily: cory johnson, our tech editor at large, thank you so much for breaking it down. that does it for this edition of "bloomberg tech." tomorrow we sit down with matthew print to wrap up this eweek in cybersecurity. a reminder, check out our new website for everything you need to know about the world in tech. ♪

from our studios in new york city, this is charlie rose. the sole vice presidential debate took place last night. with only 33 days until the election, governor mike pence and senator tim kaine argued ositions.didates' p the consensus was governor pence performed better but failed to defend donald trump. joining me now