♪ >> i am caroline hyde. this is the best of bloomberg technology, where we bring you our top interviews this week from tack. raise $1 is looking to billion to bring his model three to the market. hit the ignition switch with a $15 billion acquisition. another twist in the yahoo! hack.

russian officials blame russian intelligence. to raise 1.1 $5 billion to bring his model three to market. his believers could hardly be happier. tesla shares rose on the news. musk's purchasing $25 million of common stock. we caught up with a bullish analysts and bloomberg's david welsh. >> analysts are skeptical. we were still hearing that he will have to go back and get more money. explanation is it will be a soft launch of the model three. they will be building production more quickly next year, when

they need to come back for more money. jamie from consumer edge research, are you convinced $1.5 billion is enough? >> thank you for having me. . don't think it was enough is a lot of positive sentiment among the investment community looking ahead to the model three launch. , histher guest mentioned comment was accurate. we will see a continued spend as the model three progresses from theial software lunc lunch at 2018 as they work their way towards five hundred thousand units. i'm surprised they did not take this opportunity to raise more capital and put that risk off into the future. >> david, there might be

potentially a slightly larger $1.5 billion capitalization in the market, but what about the money that elon musk himself is putting behind this deal. he is the number one stockholder in tesla. sure, he's buying another $25 million of stock, which is not a lot. that is what he does. he borrows money and secures it against his own shares in the company. the money he borrows from his underwriters is what he is living on, and he continues to buy more shares and he has a lot of skin in the game. investors like that. that is something investors have admired about him. he will probably need to come back and get more money, and investors are prepared for it. a matter of waiting

until the model three cash stretches out and then he goes back to the market again. >> looking at your price target, it is pretty bullish. does this mean there has to be a really smooth process with the model three coming onto market, or have you fact your do in any other risk factors here? >> i think it has to be reasonably smooth. i don't know if it slips from the first quarter into the third quarter that it is game over. they've talked about the back half of the year, so there is implication there will be some in the third quarter. they are trying to make sure they are on pace to keep on track for that third-quarter soft launch or otherwise, so the risk factor is they don't hit that target. that could be an negative catalyst. clearly there will be more cash burn, as there always is with

the new product launch. i look at the quarterly results as an opportunity for bears to sink in and say look at all this cash going out the door. it is more than we thought for the model three. you have to take a more balanced view. they are spending more money on the model three, but they are spending money to expand globally. on projects and products we have not heard about yet. i think there is more negative andlyst around the quarters the model three hitting that third-quarter target. >> another top story, the u.s. government indicted for bring people for hacking yahoo! accounts for the russian government. justice department officials charged two russian intelligence agents and a pair of hackers. u.s. officials explain the charges and a news conference on wednesday. >> targeted yahoo! accounts of

and government officials including cybersecurity, diplomatic, and military personnel. they also targeted russian journalist, numerous employees of other providers whose networks base ought to exploit, and employees of financial services and other commercial entities. mike riley, who covers cybersecurity for us. of thingsre a lot going on. this is the russia equivalent to the indictments the doj released against the pla hackers. it is their effort to paint a picture of how russian intelligence is cooperating with criminal hackers that help them hide intelligence gathering operations, but also much more effective than they are on their own. it is a devastating picture of what happened inside yahoo!. these guys got access to

internal systems that allow them to create encrypted cookies and therefore access any user's actual gmail account anytime they want over years. they have indicted two fsb russian spies,ly and two criminal hackers who they say were handled by the spies, given tasks, given missions, told to get information on people inside russia and outside russia, and when they came back with information, the cat paid for it -- got paid for it. >> of course this is something spearheaded a while ago, probably obama when he was president, now this has been followed through and completed by donald trump as president, someone who has been offering all of branches to russia. is that a help or a hindrance? >> the interesting question that plays out, in fact, some people were saying this is something

that the obama administration left for the trump white house. they did not pull the trigger on it before they left the white house and left it for trump to make that decision. it would have been hard from a political point of view for trump not to pull a trigger on something like this because the case was pretty well documented. if you do, then there is the possibility it upsets this reset with russia you are trying to do and vladimir putin will not hand over two of his spies to the u.s. government and i doubt people in the kremlin are happy this is going on, so the question is what will trump do now with his effort to build a new kind of bridge to russia. >> it does pull back the curtain of what russia has been doing in terms of using illegal or criminal hackers by their own spy institutions. into theelve anymore hacking that was laid at russia's feet in the run up to the election?

the department of justice officials are saying the cases are unrelated, but they are related in the way you suggest, which is the and dykeman is really detailed and does pull back the curtain on russia's entire cyber operations especially one of the unique aspects, which is the way they use cyber criminals in order to do things for the intelligence agencies. of theof the cases, one two hackers, there was evidence that emerged that they were doing illegal acts in cyberspace , and the fsb rather than picking them up and prosecuting them, use that over their heads and said you will either go to jail or work for us. they became a recruit that help their operations on a global scale. spiked after the company announced a second round of job cuts. gopro already slashed its workforce by 200 back in november. now it is cutting another 270 positions.

the move is meant to reduce costs. gopro also says its forecast for first-quarter revenue will be on the upper end of its guidance, between $190 million and $210 million, and it will make a profit this year. tech deal could be a boost for the israeli tech scene. we will explain coming next. plus, we speak with a massachusetts attorney general on president trump's continued push for a travel ban. this is bloomberg. ♪

♪ spending now to intel $15 billion for a foothold in the self driving car market. it is lying mobileye -- buying mobileye. it is the second largest acquisition for intel, and the

largest ever for a israeli company. shares surged on the news. willrt of the deal, intel move its existing car tech operations to israel. withjohnson caught up branca signage and ask him about that decision and its associated cost figure. buildbuilt about 174 -- -- built $174 million in synergies into this deal. we were going to move our autonomous driving resources to israel where mobileye is centered. overlap a lot of between the two companies, and that will bring those synergies to that $175 million over time. cory: there was a lot of options trading in the days before this deal was announced, and i should say purchase of carl's, expectations the stock was going

to go higher and really soon. it seemed to be near record levels for mobileye. i wonder how long you have been working on this deal and if this concerns you at all? been working on this deal for a while, but we take a lot of care with the bankers we work with and the pr teams to keep this quiet. if you take a look, it has been pretty quiet relative to other , and so we were pretty comfortable with the were able toecy we keep until the last 12-24 hours. we took a look at what we were doing and what was going on the market. it seemed like everything was pretty ok from that perspective. ns of changes in tax policy could lead to m&a and technologies. is that one of the reasons why

you wanted to get this deal done now? >> no, we would never do him in m&a as result-- of something like that. we always target around the technologies and a technologies at the right time relative to bringing those products to market. we started these discussions before the elections to give some clarity on just how long we take. we had nothing to do with what the tax policies were. this was about getting these two technologies together to provide solutions. ceoline: that was the intel branca synnex -- reinke signage. prime minister benjamin netanyahu of israel tweeted , isratulations mobileye ready genius, israeli pride. while it is the biggest acquisition of an israeli tech firm, it is not the first.

joining us now for more context on the israeli tech scene are two venture capitalists in new york. thank you very much indeed for joining us, both of you. you are helping to manage israeli companies on the syndicate less. tell us how big is the scene. think that's right. this seminal book on the israeli startup nation was written in 2009, so the story isn't new, but i believe the world still has no idea about the innovation and shareholder value creation that will come out of israel in the coming years. caroline: give us some stats. i know you have some great ones in terms of the sheer amount of ipos. >> when the book was written in 2009, it was written based on any stat you looked at, the number of startups per capita, exits, israel

was crushing the rest of the world. on the nasdaq's, israel leads all the other countries in the world on a per capita basis. it is more than two times the number of ipos on the nasdaq versus canada, and it is more than 100 times on a per capita basis ipos out of china, so what is happening in israel is really quite amazing. theline: you founded california-israeli chamber of commerce and are helping to build bridges between silicon valley and israel. i find it fascinating that intel got in on another company. they got one of the largest -- and israel. how much does silicon valley already know israel? of all, we are based in silicon valley and invested in over 60 companies in israel. it is no surprise i think that

all eyes are on israel. mores been that way for than 20 years. if you look at some of the leading companies that are based here out of israel, whether checkpoint or others, companies that are innovating in both the hardware as well as the software space, then you see also that a lot of the local funds and investors are looking to israel they havetion, so created a lot of waves with its acquisition, and i think that mobileye is not a big surprise. $5 billionne, almost was invested into israel and is a lot ofthere infusion of capital, and there is a lot of interest in the innovation that is going into

israel today. caroline: where is it going, for example? what are the key areas of growth you think for israel? was a tv set top, and the majority of the value was in the cybersecurity, the encryption of nds. if you look at the major areas, cybersecurity is one of the amazing areas. also, there are a lot of areas that come out of what i described as imaging, so it started with satellite imaging in the 1950's so israel could see what their neighbors were up to, and now they have some of the greatest photo companies. there is an amazing company called light tricks doing amazing things with photography. there are amazing companies and

video, ar, vr. that same technology is in the autonomous car, the lidar technology out of mobileye is that same technology. caroline: we have been hearing about how active the ipos seen person anddaq for israel killing it there, but do they need more make a ipos? to put it largely on the map? most of it seems to be m&a. true, a lot of the great technologies today are being acquired, and if you look at the israeli system, the biggest question outside israel is can israel produce massive companies. that is always the question on the mind. can they scale? can company start, but also

scale globally and creating impact? meanwhile, uber competitor hey lo is coming to a. in london. customers are now being encouraged to switch to another ride hailing app. the hamburg-based company has 70,000 drivers who use the app. coming up, maryborough joins us on trump, emission standards come and regulations facing the auto industry. this is bloomberg. ♪

caroline: this week, a change of a 230 pulling the plug on main dollar health-care fund.

he would now proceed with the smaller fund of $100 million named section 32. emily chang spoke with him in december, where he explained why he scrapped the plan here take a listen. thing called crazy changing my mind. hundreds of millions of did it behind, but i because i feel like there are a lot of venture funds in the valley right now. i felt like after 10 years in the business or close to it that there might be other ways to have a bigger impact. will havehis new fund the same focus on biotech and health care startups and is expected to close later this month or early april. michigan trump was in wednesday. he announced that the white house will re-examine fuel economy standards. and signaled he was willing to cut automakers a break if they

hire more workers in return. david westin caught up with the gm chair and ceo mary barra in arbor, andear ann ask what she thought about the review. iswhat would really happen we would not be able to give customers the choice we give them today. will buy anif they suv, a small car, or an electric vehicle. we are full range. we continue to invest in the chevrolet volt ev, 200 30 miles. we are proud of it. the chevrolet volt and it's a second generation is doing very well, so we are making the investments, but at the end it is consumer choice. you and i have talked about it in the past. happeningore change now in the industry than in the last 50 years. legislation, before sharing, before we were talking about economist the way we talk about it now, so take a pause,

be data-driven come and look at how we can improve the environment in the most effective way makes sense. it is what we all agreed to in 2012. caroline: that was gm chair and ceo mary barra. arewhile, uber drivers fighting for benefits, and the question keeps rising -- arising, do the drivers work for the ride hailing app. are uber drivers contractors are full-time employees? uber isthe battle facing in courts all around the world as it aims to keep his drivers classified as contractors. why? uber claims it is not an employer. it is just a platform that connects drivers to customers. in a blog post travis kalanick said uber drivers valued their independence as contractors. responsibler is not or paying drivers minimum wage,

providing insurance, or providing holiday pay. many critics say uber drivers work more than 40 hours a week and should be entitled to these benefits. on wednesday, a paris tribunal dismissed the request for uber to make social security payments to drivers, this after the u.k. world uber drivers should get holiday pay. are and its rival lyft arguing that drivers are contractors, preventing drivers from unionizing and collecting benefits like overtime pay. news its bloomberg drivers are independent contractors, and federal law prohibits independent contractors from collective bargaining. under current seattle law, uber t would have to provide drivers names to the union. caroline: trumps travel ban blocked again.

we speak to the massachusetts attorney general ahead. all episodes of bloomberg are live streaming on twitter. check us out at @bloombergtechtv at 5:00 p.m. in new york, and 2:00 p.m. in san francisco. this is bloomberg. ♪

caroline: welcome back to the "best of bloomberg technology". i am caroline hyde. this week, we saw a rebuttal of round two of president trump's travel ban. a federal judge in hawaii halted the ban hours before it was set to take effect. maryland judge followed suit hours later. we caught up with massachusetts attorney general maura healey on wednesday ahead of those rulings for an exclusive interview. has alwaysat it been, which is a muslim ban, and more than being unconstitutional and discriminatory, what this

also is it something that is causing a tremendous amount of uncertainty and creating real harm or businesses, research institutions, colleges and universities, and for major tech companies across this land, and that is one of the reasons why we filed suit weeks ago and renewed our lawsuit earlier this a y, joining with washington state, new york, and others in a we had standing alongside of us leaders from the tech community and business who say this is wrong and this order has got to go. caroline: you mentioned you say it is still discriminatory, but a lot of that thesis is based on past statements from the campaign made by donald trump had you distinguish between what was said in the past and the current writing of the executive order? >> he has a still created a serious issue in denying visas and grading uncertainty about

whether visas will be renewed. here intech companies massachusetts who are employing employees that have these those. visaa. we have students at major research institutions who don't know whether they will be able and continue their fellowship. this order creates problems for those already in the country , creating a vibrant tech industry and community. sois why i have spoken with many business leaders and leaders in tech and researchers of this order is bad for us and it needs to go. caroline: boston is such a thriving tech of, biotech hub from a harvard come, such an

area of growth in terms of the tech and talent needed there. what are the businesses you are speaking to say they will have to do if it does indeed stand? do you know what the alternative will be? >> they are standing alongside us and challenging this discriminatory travel ban. not only is it unconstitutional, but it makes no sense. in speaking with heads of our major hospital institutions and research institutions, they write now don't know if they can go ahead and bring over the research fellows who have been hired, the professors who have been hired, who want to come and do scholarship here. they have people who work for them as researchers and professors who they don't know if they can continue to keep on because they don't know if they will be allowed to fulfill contractual obligations given the president's order, so this creates all sorts of havoc. biotech,e sciences,

they are the driving force in massachusetts, and they are also a driving force in other regions of the country. you were just talking about silicon valley. this hurts and has economic impact. it is why you have seen not only states come forward and challenge what the president has done, you have seen major businesses and major industries come forward and say this is wrong. not only is it not american and consistent with who we are as a nation, you think about the amazing companies that have been built by immigrants come it is also counterproductive and harmful to our business interests. caroline: but is it unconstitutional? absolutely. i think our arguments are well made and have an heard and multiple courts today. i am glad we will soon see a decision from the hawaii district court. other cases are ongoing and we will continue to press ahead and

fight this right to the end because it is unconstitutional. caroline: i am going to ask you again because you mentioned about what happens if, but if the legal challenge does not work, have you got any ways in which you can legally bypass this executive order? >> unfortunately immigration issues and the control of people into and out of our country is controlled at the federal level, and it is why we are challenging to say the right thing needs to happen here. no federal determination, no policy, no president is above the law, so we are looking to the courts now to uphold the rule of law, uphold the constitution. we will await the court's decision, but stand at the ready to stand up for residents, businesses, industry here in our state and across this country, ,ut make a mistake about it president trump has issued a second order. it is as faulty as the first order. yes, he took some things out,

country out. it does not change the fundamental flaws with this order, which is that essentially it is discrimination based on religion, based on national comen, and more than that as you are ready know, national security experts have discredited this to say this is not which are looking for. if you want to deal with terrorism. caroline: that was massachusetts attorney general maura healey. meantime, president has tweeted out he may have been wiretapped. bloomberg's david gura spoke with michael hayden and asked how confident he is that any evidence will actually come to light. >> i am confident we will know by monday of next week that there is no evidence. my instincts are really, really powerful on this. i know how this works. i know how you get a fisa, how

the government gives authority to listen in on the phone calls of a u.s. person, and none of those things are suggested by what the president tweeted out about 10 days ago. it just doesn't happen that way. the president hasn't had the authority to order such a thing for about 40 years. you have to go to a court, and there is no evidence that happened, he comes the guy who would have gone to the court have said they did not do that. if it didn't happen and there is no evidence that happen, what should the consequences be as you see it for the president come yes, but the consequence of the allegation on the intelligence community? >> we have party suffered a lot of damage because intelligence community knows it is already not true, and so it is one more log on that fire that seems to have been building, confrontation between the new administration and the

intelligence community, and -- on there is probably both sides, so i would suggest as a member of the community and concerned citizen that everyone take a deep breath and back away from this, because the president needs the intelligence community, and the intelligence community knows their only purpose in life is to help him succeed. david: so there is this cash of information that wikileaks say is data from the cia. what recourse does this administration have against wikileaks? i think wikileaks has proven themselves to be an enemy of the united states of america, and by that by definition is doing things whose only purpose can be to harm america, america's friends, and the way of america keeps itself and its friends safe. david,ere good answers, an order to shut this thing

down, we would have exercised those answers already. keep pluggingt away. one thought i had, and it really can't claim -- have we exacted in the consequences on ecuador for giving julian assange sanctuary in the ecuadorian embassy in london? make life required to as comfortable as possible for the ecuadorian government. we are expecting an executive order on cybersecurity from the white house, expected, but delayed. if you were to talk to the white house, what would you say is per 31 when it comes to cybersecurity? david: i have seen some drafts of that order, and i think it is quite good. it puts tasking out into the federal bureaucracy with short timelines to come back and tell me how you are going to do these things. if you are looking for a philosopher's stone, i think the key is that our success or failure in cybersecurity is

onng to be more dependent the success of american private industry and the private sector than anything the u.s. government is able to do on itself. i would counsel the president, think of things that unleashed, liberate, get out of the way of the private sector doing things only the private sector can do when it comes to cybersecurity. david gurahat was speaking with a former cia director michael hayden. coming up, our exclusive conversation with the node khosla and ceo and cofounder of rubric. if you like bloomberg news, check us out on the radio. you can now listen on the bloomberg radio app, bloomberg.com, and in the u.s. on sirius xm. this is bloomberg. ♪

caroline: this story we are

watching, germany is threatening to find social networks like facebook more than $50 million if they fail to give users the option to complain about hate speech or fake news. the punishment would apply if the company refused to remove illegal content. if passed, it would be the steepest and motive facebook faces in any country where it operates. the move comes as germany prepares for september elections and the government is under pressure to curb the spread of fake news. now, will 2017 he of big year for tech ipos. ipo and ween snaps are waiting on other countries to go public. we spoke exclusively with vinod khosla, partner at lightspeed ventures and ceo of rubric, and i asked if now is the time to go public. lightspeed ventures was the first institution to back snap, and vinod khosla is an investor in okta.

high companiesg with a real business model and a path to profitability and long-term sustainability. other companies are going public. not every company is going public. we feel the bar is still high with differentiate product in the marketplace. have yourwhen you viewpoint as chief executive of rubric, you are looking at these companies that have followed on from snap. is it time for rubric to look at the public market? probably two years away from the public market, but are building a company to become a public company in long term sustainable business. fundamentals of enterprise business and selling into a larger in that the market

and driving six figures come seven-figure, eight figure deals is one side of the enterprise business, so we are focused on fortune 500, global 2000 companies, where they have a date ofd around cloud, orchestration, data management, data security. caroline: when you're looking at your portfolio of companies, we have some juggernauts with proven business models and revenue, uber and airbnb, dropbox. what needs to happen? do these companies need to come to the market? is it up to the investor base to say the time is now? companyice of whether a stays private or goes public is entirely with the entrepreneurs. there is some flexibility to do some things when you get to the public markets. you need to be predictable and

set long-term goals. entrepreneurial companies like rubric change strategies continuously. the company is only three years want thatu flexibility to change, and with private investors it is much easier to do. a highlyget to predictable stage, then an entrepreneur can choose to go public or not. we always support entrepreneurs and their choice. caroline: you never apply any pressure? >> almost never really. it is the wrong thing to do, apply treasure. caroline: you don't need exits? n needs? have your ow >> we never worry about exits per they happen when they happen, but we almost never worry about it. i have a rule, if someone talks about exits when we are investing, we won't invest in a company that talks about exits. >> it is the wrong approach to

building really durable long companies, thinking about exits. would rather have somebody trying to build really large companies over the long haul, and whether you get liquidity and one year, for barring years -- for years, and almost as a matter if you are building real value. aroline: we have cloud as driver, data as a driver, i want to know about some of the environments within you work within silicon valley and whether they help to foster optimism or not, particularly comes to administration come the second iteration of the travel ban? perhapsorry about limitations to some of the immigration? >> i do worry about it. if people can't start a company here, they will move operations to india. we are starting to see more and more people talking about building outside because if they

can't acquire the talent here. for educated talent, there's global competition. canada is dying to get more of this talent. the national foundation for american policy just issued a little thing that set 83% of the el's science int competition were born to immigrant parents. think about it. 83 percent. immigrants, especially well educated ones, renew our country, and countries that have gone into stasis like japan did so because they were so insular, so i think it is a huge advantage and has been a source of growth in america and vibrancy. caroline: you are a man growing your headquarters in silicon valley, but also internationally. is this something that worries you? how has it affected your

business here, or do you -- >> for us, the way we look at it is politics and these kind of rules will take care of itself. i believe our country, the fundamentals are very strong in america, that we have rule of law, a structure that fosters innovation, so i view this as a transient phenomenon that over time things will take care of itself. when we go international, we do business in 30 countries right now, and so far we have not seen any headwind in our growth or any kind of backlash because of it. --oline: hey john b visas h-1b visas, is that some thing you have used? >> we use h-1b visas on a case-by-case basis. , so few people can get it we take a comprehensive strategy of where we get talent rum and how we grow the talent pool, and

we are cognizant of h-1b visas and the number of applicants available and things like that, but we are thinking of this business as a long-term sustaining business with our sales and marketing around the world, and we are looking at innovation and saying how do we continue to drive innovation and bring people together on this mission to go change the data management platform for the world. you --e: what excites where excites you most geographically? outside of silicon valley, there are plenty of exciting things going on in europe, israel come india -- israel, china. china is a whole different these. we tend to not do a lot in china, but there are interesting things happen. caroline: why not china?

>> we have the geographic focus. we feel we don't understand how to do business in china. caroline: that was vinod khosla andder of khosla ventures founder of rubric. we had to boston, massachusetts to a company that sees the future of factories growing from a. more on that story next. this is bloomberg. ♪

caroline: ginkgo bioworks is that the forefront of bringing biology technology. based in boston, the start of his building tools for a future where factories are powered by biology. the company is helping clients design flavors and fragrances by modifying the dna of microbes like east. .- yeast we got a behind-the-scenes look at the company. >> a team of phd's from m.i.t. started ginkgo bioworks in

boston a few miles away. inside they are building tools for a future where factories stop manufacturing goods and start growing them. of biology ist digital code in the form of dna. we have out the ability to read that code through dna sequencing and the ability to write that code with dna synthesis. if we can read and write code, we can program. can you program biology to make stuff? .es, because dna is code >> before they can grow their own iphones, ginkgo is focusing on reprogramming microbes to produce artificial flavors and scents. our second-generation lab. if you soon in, it looks like a asular academic lab, that

you see all the robotics, that's what we are trying to do here, make things move faster. >> right now ginkgo is using yeastically modified to create fragrances. they can then compare that with the dna and modify it to produce a similar smelling substance. becomes a lot like brewing beer. he grows and multiplies and produces peach as a byproduct. it can give -- genech is a different combination the will make a slightly different smell, so let's see what we have got. it smells a little like vinegar, which i think is the yeast. samples that smell the past tests are destined to be inside perfume bottles, but once you start thinking about it, you can

see this technology applied to some unexpected places. theyif this was a micro could live directly on your skin? and so on your skin you are producing your perfume so you don't need to spritz yourself with your perfume. it is producing that sent on its own. smells that you might associate with human bodies are actually are ready coming from microbes, so a matching those microbes might be a little different and make a different smell is not that hard to believe. >> things are looking good these days for ginkgo. ♪ a dnay recently bought splicing company and race $100 million from investors. it's too soon to say whether they will make the leap from perfume to electronics, but ginkgo sees its gene modified yeast as a first step to where they can make him us anything. >> we could use biology to make

a semiconductor chip. its ability to place atoms is superior to intel today. the applications for this are sort of endless. that does it for this edition of "best of bloomberg technology". next week, we speak week the ceo two discusses merger. tune in each day at 5:00 p.m. in new york, 2:00 p.m. in san francisco. remember all episodes of bloomberg technology are live streaming on twitter. check us out at @bloombergtechtv weekdays. that is all for now. this is bloomberg. ♪

carol: welcome to "bloomberg businessweek" i am carol massar. oliver: i am oliver renick. carol: trump force one ready for takeoff. someo's does soul-searching and comes up with a new recipe for success. oliver: all that ahead on "bloomberg businessweek". ♪ carol: we are with the editor in .hief megan murphy you guys look at korea. there is a lot going on in south and north korea. megan: we have seen