of multiple. -- of mosula. . diederican servicemember thursday. it was the first american combat operationce the mosul began. more than 100 u.s. special forces are embedded with iraqi unit. the u.s. trained forces expected to lead the way in the coming days. british prime minister theresa may is telling european union leaders there will be no turning back from brexit, according to two senior officials. they say there will be no second referendum on leaving the european union. may's attending her first e.u. summit as prime minister. fox news through the largest audience, 11 .3 million viewers for wednesday night's final presidential debate. nissan data shows almost 69 million people tuned in across 11 cable and broadcast networks -- according to nielsen data. that is bigger than the audience for the second debate but smaller than the first that had attracted a record 84 million viewers.

tonight, hillary clinton and donald trump world attend the al smith dinner. the candidates will train one back 70n a custom going years. they will sit one seat apart celebrated by the new york's cardinal who will keep the peace. i'm "bloomberg technology mark crumpton. i'm mark crumpton. "bloomberg technology" isne nex. emily: i'm emily chang and this is "bloomberg technology," coming to you live from the vanity fair new establishments summit in san francisco where he are hearing from some of the most influential voices in technology shaping our future. this hour we will hear from the most candid tech leaders. we will hear from social capital the selfnventor of driving car, and the alibaba

copresident mike evans. microsoft shares soaring after the tech giant crushed i ot on earnings. the windows company releasing better than expected result buoyed by growing demand for cloud-based software and services. revenue was over $22 billion, up 3%. a net profit over $4.5 billion, up 2%. the ceo has been invested in data centers and partnerships to bolster sales. for microsoft cloud products. here to break down the numbers, our editor at large, cory johnson. let's start with the turnaround plan. how is the turnaround plan going? cory: it looks good. we have seen a couple of quarters of increasingly improved results. the company continues to be a

free cash flow machine. we have an increasing level of revenue growth, a second river of revenue growth. the revenue is growing at a faster rate. that is exactly where they want to be. making these big changes while continuing to have some success with windows and office. emily: let's talk about pc's. obviously, so many questions around the future of the pc. intel actually reported strong results around pc's. what about microsoft? not: microsoft results were great. maybe not as bad as some had feared, not great. maybe not as bad as some had feared, -1%. that could've been a lot worse. this is a windows market. particularly the third quarter which can bebe so bumpy. we will see how that might diversion. intel they said fourth quarter. there was early ordering in the third quarter. the fourth quarter might look a

little light. no indication of the same for microsoft. usually as goes intel goes the rest of the pc industry, and as goes microsoft. cloud,let's dig into the because this is their big bet. a lot of people saying this could be the future of microsoft. how is cloud revenue shaping up versus amazon? cory: fantastic for microsoft. on a year-to-year basis they reported a substantial increase in the cloud business, but especially in the -- the business most comparable to amazon web services. if you look at it quarter after quarter, what you see is an acceleration of that growth rate. 108% growth. 121% growth is really fantastic, even as the business is getting a lot bigger. that's a giant percentage. actualt know the numbers.

when you look at amazon's percentage change, it is growing at a much slower rate. it is a much bigger business. some estimates are at least five times as large. when you look at amazon web growth rate, real they are nowhere near as strong and declining. they will happily take 58% when they are looking at such a big is this. nonetheless, microsoft growing at twice that rate. emily: all right. our bloomberg editor at large breaking it down. thank you so much for that update. eyeing now to -- has its set on target. beyond china. me about the told company's global ambition earlier today at the vanity fair new establishments summit. >> we are definitely going global. every market is very different. either through local -- ownership or because we are a big sponsor and big believer in local players. we think there is a lot of local knowledge and experience we can leverage, local players.

if there are no existing local players, we consider to go by ourselves. emily: so then we will see you compete with uber? >> we will play the global game. eric: joining me now newcomer who covers uber and did. what did you make of jean's comments? eric: didi just cut a deal with uber. uber left china. i think uber was hoping did global. be less as you know, did hai has ties to lyft, to say didi is a global company i thought was surprising. emily: it is so confusing to think about how exactly this partnership is going to work? you have the founder of did on i on the uber. you have got didi doubling down and southeast asia where uber is

doubling down and didi has a partnership with lyft, uber's archrival. how does this work? >> to be determined. lyfti particular, hard to understand whether did ani and lfyyft are totally in sync. emily: john zimmer told me last week they are still in conversations with did. i. eric: i think there is an understanding that didi and uber are still sort of fighting and both, didi threw its support of grab and ola. and uber operating in southeast asia and india. right now it is a proxy war. for all we know, didi could have interest in one of those companies or could see, you could see them tying up share investors. there is no indication that that

is imminent. emily: johnson and also - john zimmer also told us that lyft is not for sale. you reported they were looking for a buyer. eric: they had a lot of talks and then they made a public show of we are not for sale. they are priced, one publication said $9 billion. there have been a lot of different prices for lyft. at the moment, i know we are going it on our own. emily: i also asked jean liu about apple, what exactly apple will get out of this partnership. what do you make of what she said, which was probably use your imagination. eric: that quote was perfect. she ducked. the question on apple has always a matter of apple wanting a good relationship with the chinese government or was it actual, strategic interes she said r drivers use phones.

you can imagine them using apple phones. people are reading her both ways on that. they could be a little bit of both. it seems like a $1 billion investment is serious. you can imagining them tightening their connection overtime. emily: apple has a seat on the didi board. eric newcomer, still wartime, the ride sharing wars. coming up with great technological advancement comes great security concerns. guest about a additional measures being taken. a reminder, all episodes of "bloomberg technology" are streaming live on twitter. weekdays 6:00 p.m. in new york, 3:00 p.m. in san francisco. this is bloomberg. ♪

emily: we are watching time warner shares spiking on a report that its executives met with at&t about a possible merger. according to people from a with the matter who said time warner's ceo is willing to sell if he gets a fair offer. two years ago, time warner rejected a bid from 21st century fox valuing the company at $75 billion. and tning out to darpa, the u.s. defense advanced research project agency, which focuses on the way government agencies can use technologies. the theme behind agency is not about machines gaining control for how humans and machines will work together. joining us now is the director of darpa. great to have you here. we always talk about darpa in reference to self driving cars. you do so much more. self driving cars, self driving ships, space. talk to me about the most exciting project.

>> there are so many. read of beinge competition and asked people if they could build a car that could complete a course without a human being driving it. if you want to find people who won that competition will find them out driving it commercially and all the companies that are going after that. meanwhile, we are off to the next set of challenges. one of the things we are doing, we just christened a few months ago a self driving ship that is large enough and capable enough to leave from the pier and navigate across open oceans by itself. we think this is going to give the navy a way to do some really important jobs. think about clearing mines without putting sailors and harm's way. and i think that's just the beginning. we will find out what else we are able to do. emily: there are important jobs, and with technology there also comes warning. what are the security risks of technologically equipping our

warships, o ur cars and rely on technology more than ever? >> absolutely. especially information technology. moreep using more data and computing systems and more networks because they are so valuable. in our personal lives and in our business lives and certainly choose for the military and national security. with that comes more and more tax. one of the things we have been working on is really asking the question, how do we win at cyber security? how do we take classes of vulnerabilities off the table? how do we develop machines that can help us scale cyber security? our most recent big competition was the cyber grand challenge where we challenged people to build supercomputers that could look at software and figure out where the flaws were. build patches, identify flaws in their adversary's code. we built cyber war in a box. they were really quickly able to

find flaws. when you think about giving those kind of tools to the humans that do summer security, you -- cyber security. you can see how we can make some big advances. emily: you are also involved in online counterterrorism. talk to us about how new technology can improve what exactly is happening online. >> i will tell you a story that started with one of my program manager. he went to a conference he learned to his anger that you can buy a human being for $90 in the world of human trafficking. he came back committed to doing something about that, and he started talking to law enforcement, found they were searching the surface web indexed by google. chris set out to build tools for them that do deep web searches looking at the dark web, all the places that bad actors hide. those tools are being used by

d.a. offices to go after human trafficking with hundreds of cases they are investigating. we are at 27 indictments and three conditions. i hope there is a lot more ahead. emily: there are a lot of concerns about the dangers of new technology, about technology taking jobs, eliminating jobs. you're on a panel that is not called man meets machine. what does that say about your viewpoint? >> i think it is the right question to ask because the really interesting part about all this technology is what are the humans going to do with it? the long arc of history says we are going to make amazing advances, and we are talking about the potential of these technologies. we also know it is very disruptive. we all experience that in our personal lives. the impactedan see as having unemployment. i think these are big challenges. we technologists need to be thinking about that in the whole country and the whole world, thinking about in dealing with these disruptive changes so we can get the benefits. emily: all right.

you will be on stage in just a moment. thank you so much for joining us today on "bloomberg technology." up next, we talk politics and the inner workings of facebook. this is bloomberg. ♪

emily: facebook board member and venture capitalists speechel will give a october 31. he has become one of the most divisive figures and silicon valley from his public endorsement of donald trump. take jeff bezos, his response on stage at the vanity fair summit earlier today. >> peter thiel is a contrary in, first and foremost. and you just have to remember the contrarians are usually wrong. [laughter] emily: bezos went on to say that trump is "evading -- invading

our democracy." stay with politics, we caught up with social capital founder chamath palihapitiya. as a former facebook insider, we wanted to know how he thought thiel's support for trump might be sitting with the rest of the board. >> i think everything is at stake. at the end of the day, i think there are two things that are going to get judged on november 8. the first is just the subjective thought around the future of -- do we believe that the more inclusive, diverse set of people around the table are more capable of building a better off country, or do we take a step back toward something that seems a little bit more oppressive? that is the first thing. the second thing is, do we believe in a future where the substantive quality of the person that's in a point of leadership, versus someone who can market themselves, andcan can we see through those differences? there's still a huge amount at stake.

>> you are a fellow venture capitalists peter thiel contributed more than $1 million to the trunk campaign. you said on stage here thayo would have a hard time working with him now. i wonder what you think the impact will be for peter, considering that this is an unpopular view to hold right now in silicon valley. >> i have known them for a long time. he is an extremely constant individual. i think he thinks through issues deeply. there is a whole set of reasons i do not understand because i have not spent the time, to be fair, to understand how he has gone to the point of view he has. hopefully, he has some broader mandate and agenda. maybe it is hoping to see the rise of a third political party. i don't know. personally for me, i find it really troublesome, and it does n't map to my morals. but i support his right to choose. emily: there is a debate about whether they should kick them

out of their partnership, whether facebook should take them off the board. what should these companies do? >> i think they have to follow their moral and ethical framework of how they want to run those organizations. facebookpeak to what should do because i do not work there and i am not the dominant shareholder. i can speak to social capital. we decided that we are going to spend the time trying to create more quality for everybody and create a more bottoms up world. i think that is fundamentally about a positive view of inclusion and pluralism. so i can't stand to work with people at social capital who have views that have transcended politics and of now enter this quite gray area that is bordering on hate. i would have a really difficult issue with it. emily: you would kick him off? >> for social capital. if it was mitt romney v. obama. that is politics. i'm not sure this is politics anymore.

i would have a real moral issue an ethical issue. >> you see thae facebook executives-- do you think this is a divisive issue? >> it must be a difficult decision because i think they want to create some someone's of fairness. and the ability to have different -- at the end of the ay, this is a person that has been legitimized by tend to millions of people. we need to step up a back -- take a step back and unpack, where's the legitimacy and the movement? these are things we need to fix for everybody. i think that is probably causes organizations like facebook to be in a quandary. emily: peter thiel represents an extreme end of the spectrum in silicon valley. that of any value to facebook or is it a judgment? >> no, i think it is a valuable. the solution is not to listen to people who think the same thing

you do. the solution is you have to have people around the table. the question is, in what context are they around the table? i think we have to unpack. does he have a right to do this? absolutely. that is different than what role should they play and other management or governance. those are specific issues that come down to the people in those organizations deciding that. >> the topic on twitter came up this morning. were you surprised that disney and google and salesforce seems to come up to an acquisition and stepped away? >> there is no industrial logic for any of those companies dto buy twitter. twitter is best left in the hands of a group of investors who can take it private and rationalize the infrastructure and can clean up a lot of the abuse -- and fix the employee morale problem. and then eventually take it back out. i do think it is an emerging pillar of communication. it is an important part of the media landscape. it should exist as an independent company, but right now, it's in such a point of

disrepair we need to take a step back to fix it. emily: you have a hedge fund that is outperforming the average hedge funds. i know you are long on amazon. you have been positive about jeff bezos. when you look at amazon versus facebook versus google versus apple, do you see a future where amazon is head and shoulders above the rest? >> absolutely. it is the most durable business built anywhere in the world. emily: that says a lot given your history with facebook. i think facebook is fantastic. facebook is about creating consumer intent and behavior. the problem is that those ebb and flow. facebook has done a fantastic job in acquiring these new sources of expressions. fundamentallyin a different business where it's dysfunctional utility. they do such a good job but there is no emotional reconsideration that happens. at no point does a prime subscriber thing, i'm going to get in my car and drive to

target because that makes me feel better. so, that's just a very different set of problems. as long as amazon can continue to invest in the customer experience, then they will win. evolvingwill be in an arms race where they have to constantly look to see what are the emergent behaviors we do not understand or yet own. and then go and build or buy those. it is a much harder problem to solve over 20 years. emily: that was the social capital founder chamath palihapitiya. with tesla racing ahead to a driverless car future, where does that leave the likes of google? i will check in with the google founders. this is bloomberg. ♪

when you're on hold, your business is on hold. that's why comcast business doesn't leave you there. when you call, a small business expert will answer you in about 30 seconds. no annoying hold music. just a real person, real fast. whenever you need them. great, that's what i said. so your business can get back to business. sounds like my ride's ready. don't get stuck on hold. reach an expert fast. comcast business. built for business. mark: you are watching "bloomberg technology." let's check first word news. hillary clinton says donald trump's refusal to concede is

not a joking matter. event, thegn president criticized donald trump for saying the election system is rigged. president obama: that is dangerous. when you try to sew the seeds of doubt in people's minds about the legitimacy of our life, that undermines our democracy. make light tried to of the situation. he said he would accept the results if i win. bloomberg politics poll asks who should be the face of the republican party nationally if secretary clinton leads. 77% picked mike pence. ofald trump got 24% ahead ted cruz at 19%, paul ryan 15%, and john kasich 10%. philippine president wants

to break away from the united states and shifted toward china and russia. the u.s. is the philippines biggest make a military ally. downplaying the likely loss of the mars lander. a wealth of data sent back in the signal was loss will help them prepare for the future mission. mark crumpton. it is just after 6:30 in new york, 9:30 in sydney. paul allen has a look at the markets. a fairlylooks like quiet end of the week across the asia-pacific as we check out new zealand first, trading for 30 minutes so far, coming off of 1/ 3 of 1%. futures on the nikkei fairly mixed. .ooking at mitsubishi nissan has completed its acquisition of 44% stake of billion.i for $2.4

as far as mitsubishi shares, taking a beating. this has to do with the manipulation of data rounding fuel economy. -- surrounding he will economy. accessing a flat open in on straley a on the afx -- in australia on the afx. they will defend himself against chargers with the thing in brazil, 21 employees of us on a co-have been charged with murder more one collapse -- bloomberg technology next. ♪ emily: this is bloomberg technology, live from the vanity fair new establishments on it and sent -- summit.

elon musk is accelerating plans to roll out self driving cars. he announced all upcoming model three sedans will be equipped with fully autonomous technology, with tesla's existing software autopilot under increased scrutiny after a fatal accident in may. joining me now to discuss the state of this self driving industry, the founder of google car. always great to have you. i never forget we met in a google self driving car. five years ago. sebastian: you are courageous. emily: it has come a long way from there. turn byyou make of this elon musk? sebastian: no surprise at all. he wanted to drive self complete cars, and is not good enough to get a attention. he has been very clear.

the next generation he could go to sleep. emily: does this mean any cars will see semi-autonomous? sebastian: i don't think it is dangerous if you know what you are doing. used int has been planes, and they just assist pilots to be better pilots. i keep my eyes on the road all the time. but once technology is ready to be self driving, with control, it can do better things. emily: he is putting aggressive deadlines on itself. do you think he can deliver by 2018 with fully autonomous cars? sebastian: 2018. i hope he can believe -- deliver. in two to three years, it should be possible. emily: talk to me about google. you worked there for many years. why haven't they shifted to cars? sebastian: google is phenomenal. they are driving cars every single day, completely

autonomous. even the cars to drive alone. i don't know where they stand today, but [indiscernible] mark: emily: why is it taking so long. is like thisiving crazy thing that happens once every five years that picks you up. there is still enough of those. we are not quite there yet, but we are almost there. emily: apple has scaled back their own car plans. we understand they are focusing on the platform, not making an actual car. the project has struggled. what do you make of that? sebastian: would be sad if they moved away, because apple is such a design company. toould love for someone carry it through. i wish tim cook would just do it. emily: that is interesting.

building a car is incredibly complicated. sebastian: it is true, but elon musk has proved a silicon valley company can build a great car. you walk in, you have this amazing display. there is almost no buttons, you hit autopilot, the car drives itself manually. innovators come from different angles. they come from new companies. emily: what about uber, who has been aggressive about self driving uber on the road in pittsburgh? what do you see in ridesharing? sebastian: travis and other rideshare companies have been very outspoken about this. it came in a way they could not drive from one generation to the next. the right thing is to invest in new technology because he owns many customers right now. if someone else can offer the same service for half the money, he is in trouble. this idean musk is in

he will start all right sharing network based on ownership. owners will actually lease their cars or land their cars to the lendrk -- land there -- their cars to the network. sebastian: in the business of selling cars, he's in the business of providing. he does not like the notion of this ownership. this is a service. car comes to you, fix you up, delivers you, disappears. that is a bad idea, because you don't have to own cars, part cars you can utilize better. it is a question of who will be their first. emily: 10 years from now, paint the picture of ownership and ridesharing for me. what we want as citizens is transportation. most of us want to get from a to b. ridesharing will be cheaper than

ownership. so this will be the cheaper alternative. it has the ident -- advantage, not looking for parking, drop us off in the front of store or restaurant, and when drunk. so it happens first in big cities like new york and san francisco, and pat light -- and percolate into the countryside. emily: so who wins? sebastian: we are in the business of selling cars. we have a car driving parking lot very successfully, and we hope within a year, it will be the same as uber and google. emily: you are offering nano degrees. sebastian: if you want a degree, come to us. we have 13,000 people applying for admissions in our self driving economy. this is more than [indiscernible] emily: where do they want to work? do they want to go to tesla,

apple, google? sebastian: we have 14 different hiring partners, cleared for 15 other companies. hey are looking to be the best effort in car teams. the skills required for this are not written down in any university. but we have the best of the best with companies teaching us how to have a self driving car. emily: jesse to clone you a lot. sebastian: they would get hired. emily: always great to have you. thank you so much. i know you are going on stage. we will be watching. more of the coverage from the vanity fair newest establishment. we've sit down with the founder of the cooking lab, nathan marigold, ceo of microsoft. and on bloomberg television, we bring you the best interviews from the week, including the urban -- uber board member. ♪

♪ nintendo unveiled the latest gaming console, the switch. they showed off the tablet like console that will allow gamers to play at home and on the go. the affordable part comes with its own screen and two detachable controllers, allowing two people to play. shares rose in tokyo trading. it will go on sale in march. former microsoft ceo and intellectual cofounder nathan knows a thing or two about innovation. he capped on both of his passions for food and technology by finding the cooking lab, a ande-of-the-art kitchen

laboratory. i talked with how technology will impact the future of our food. nathan: we have already seen tremendous change. we can import food from around the world to different places. so when i was a kid, sushi is extremely rare. andthere was sushi endocrine mall. and in japan, it was rare to eat pizza. now there is plenty of pizza. the interesting thing is, we are pretty much done with that kind of import, because most major cities in the world have most every cuisine there is. maybe one or two little cuisines, something like sushi or szechuan food or some other is a rareal cuisine discovery. we kind of found all of those. so our need for variety is involving invention. emily: how will we ate differently? nathan: the things people care about in a given era change.

1950'sas a time from the up through the 1980's where most consumers were focused on cost and convenience. so tv dinners and frozen food and lots of process stuff in the supermarket was paramount, because they were focused on cheap and convenient. more recently, people have decided, let's also think about healthy, delicious. the number of people that consider themselves a foodie is at an all-time high for society, nojustn the united states but around the world. we are caring a lot more about what we eat, and the whole food system will sort of real line. now you can get tail in every -- kale in every restaurant. emily: willie get more high-tech? nathan: the american kitchen is low-tech. you have people with supercomputers in their pockets,

in the form of their cellphone. the car has dozens of microprocessors, and the oven has none. and the other dozen important job of maintaining temperature. as consumers-- search for convenience and better results, i think digital technology has a huge impact for us. why should all of the skill have to be in you? emily: the other big business is patents. we have a large election coming up. what is it like in the patent world with presidential election? nathan: there is a lot at stake in this election. neither candidate has any position on patents, and i am fine with that. patents are kind of a boring little topic. it is super important, and important to get right. i think adding the crazily --

divisive politics we have seen in other areas would not help. it doesn't help anywhere, to be honest. emily: and your company has amassed a lot of patents, controversial tactics. some people say you are a patent troll. do you see the need for patent reform? reform,whenever you see it sounds like it is good. with any new piece of legislation or body of law, there is always ways to bring it up to date and make it better. a lot of companies have a dog in this fight and an agenda. absorbnt tech companies lots of features and functionalities of and they don't want to pay it. some companies whose entire business is based on that, but that is not just me. it is the biotech industry, communications, talking about qualcomm. other people want to take

inventions for free. and they can spend a ton of money lobbying and say, we have no bother tos, and the fact maybe somebody else had that idea and we took it. was ceo and cooking lab founder nathan mere gold. tomorrow we look to the skies with the largest maker of consumer drones. we will focus on the launch of the new competition from gopro and research plans for silicon valley. and alibaba single day in 2015, the single largest shopping day in history. how do you follow that up? ask president mike evans next. ♪

♪ emily: alibaba's most important event of the year, singles day right around the corner.

it has become an annual shopping extravaganza for the largest commerce company, but now they are citing set abroad, teaming up with costco and macy's. i sat down with president mike evans and asked him about his expectations for the year. mike: single day is the biggest shopping day of the year in china. we kicked it off last night in china with the announcement that david hill, who organized the super bowl's and on the oscars, is directing it for us. katy perry will be the global ambassador. merchants.usands of we have entertainment. it will be a wonderful event that all china and many different parts of the world will participate in. emily: i was there last year. you process $14 billion in merchandising in a single day. what numbers are you expecting? last year3 billion actually. the numbers will be big, but what makes single stake for success for us is obviously a

large amount of products that changes hands between merchants and consumers. but it is a social experience, a great event for all the people that participate. we haven't achieved what we want. the e-commerce is really a social commerce platform. it brings people together in a way they live their life now, online, buying things, chat rooms, all sorts of experiences they have not had historically. singles day and the global cap is a [indiscernible] emily: there was a letter to shareholders that rattled investors about how only bobby -- alibaba needs to transform from just e-commerce. what does that mean for your job? mike: for my job, it means we have to think about the way retail will change in the future. people have misconstrued the letter.

it is the change and morphing of the retail model is referring to. you talked about the untruths and misperceptions about china. some people don't understand what alibaba does. it is not just the amazon of china. it is more, but it is hard for u.s. consumers to understand because it isn't quite an equivalent. what is alibaba? mike: it is an epiphany for u.s. consumer, a combination of facebook, google, and amazon. what do i mean by that? we have a social component to the commerce program. we have a search component in everything that we do. we have an innovation and a cloud component which reflects the totality of businesses you see in those three companies. we do that all in one place.

if you look at what our business is where the core commerce platform, digital media entertainment, and services and innovation side of the business, very important from travel to ridesharing to involvement in food and food delivery and andth, and then ar and vr the technologies of the future that will be important. those are all enabled by the cloud computing business, payments, logistics that delivers over 50 million packages a day, and of course the advertising and merchandise. emily: we had to investors yesterday, saying china is in a bubble, collapsing ahead of us. the banks have four times the toxic assets the u.s. did before the global crisis. china in a bubble, can the economy continue at a pace it is? mike: china is not in a bubble.

the economy is slowing but not slow. the combination work on opponents are changing -- or components are changing from industrial and manufacturing to services and consumption. there were many points raised yesterday when i wasn't here to discuss them and debate them in isolation, but what i would love to do is get both jim and kyle to come to our campus to sit down and we can help them understand the things they don't understand about china. emily: ddp is flat or dropping, but you say that come -- that consumers are still spending money. where is the disconnect? mike: not understanding that when the economy slows, not all is slowing.my parts in china are slowing like industrial and manufacturing, but the services and consumption components of the economy are

growing very rapidly. 60%.r business, grew that is because more people were consuming. the chinese consumer population on the platform is 423 million people with $4.3 trillion of assets in their bank accounts that are on leverage, that they want to consume with. i think the mismatch is understanding which parts are slowing, which parts are growing , and why they are growing. we have data and analytics to support both what we see and also what we believe. emily: alibaba president mike evans. now in today's tech revolving of the most renowned vc firms, sequoia capital has hired a female investing partner, the first in its 44 year history. she is leaving her position of a

shopping site acquired by john who for $230 million. when she starts next month, she will be one of the youngest next month. sequoia came under fire when the chairman said he was trying hard to find a female partner, but they were prepared to lower their standards. he did clarify, saying he believed there were many women that would flourish in the industry. that does it this edition of "bloomberg technology." tomorrow we talked to unity technology ceo, former thereonic arts ceo, and is live streaming on twitter. that is all for now from san francisco. this is bloomberg. ♪

♪ announcer: from our studios in new york city, this is "charlie rose." ♪ charlie: welcome to the program. we are live from new york, las vegas, washington, dc and santa barbara, california. tonight, donald trump and hillary clinton faced off in the final debate of 2016. took place at the university of las vegas, and moderated by chris wallace. with three weeks left, polls show donald trump losing work