>> president trump has signed an executive order to roll back the clean plan. mr. trump says the order will create jobs and marks a new era in energy production. new york's attorney general is leading a coalition of states and counties mobilizing against the order. it includes the attorneys general from california, massachusetts, it illinois, washington, and the district of columbia. 20 senate democrats are on record opposing judge neil gorsuch. he is president trump's supreme

court nominee after three senators said they would vote against. republicans want gorsuch confirmed before the recess in april. sallyer for former deputy eight says the administration tried to limit her testimony at a hearing investigating russian interference. the hearing, which included john brennan and james clapper was canceled by intelligence community -- committee chair devin nunes. meeting with a secret source on white house grounds raised questions about his independence. global news 24 hours a day, powered by more than 2600 journalists around the world. a alisa parenti, this is bloomberg. bloomberg technology is next. ♪

cory: i'm cory johnson. this is "bloomberg technology." tesla gets a boost of cash after the chinese internet giant tencent buys a stake in tesla. uber in the spotlight again, with their first diversity reports. first to our lead. a cash boost for tesla. tencent spot a 5% stake in the -- bought a 5% stake in the company. as part of a round of investment the company announced they were going to borrow, raise debt and -- "tencent and tesla have no detailed cooperation plan than a moment. but maybe in the future depending on how the ties develop." earlier losses about 3%. kevin carter joining me.

tencent is about 8% of that etf. kevin, you can practice because -- what is tencent thinking at only a 5% stake? guest: they look for the fastest-growing companies and make an investment. they have a far ranging portfolio. they have invested in lyft and ai companies. they are charting their plan to take advantage of this connected, electric vehicles in the future. baidu and alibaba have been investing heavily. are slated to have a connected car in the near future. it doesn't come at all that much of a surprise. cory: these are financial investments. maybe not partnerships but a place at the table. guest: it's unclear at this point.

sources are telling me they would not be surprised if there were partnerships. you can seewechat integration, great for tesla to have their feet and. let me ask you the same question. has $18 billion on the balance sheet. a $2 billion investment matters. it is a legitimate investment. what do you think they want out of this? has made 150t investments in both the book and private companies of all different types. all our internet-related. this marks one of several investments they have made in the automotive space. we have seen this all over the news. a number of major players and related industries, whether it is tesla uber and lyft. ,the didi's.

there is a change in the way people and products are moved around. it is very, very early stages. no one is sure how it will play out. the manufacturers like tesla. said, they want to have feet of the table. to have at least a toll in the water position to see how things play out. cory: it helps them get cash out of china. those individuals have done all kinds of things. money fleeing china on an individual level. this lets the company have investment outside of china, so not necessarily as tied to the chinese economy. able to participate somewhere else. selina: definitely, they want to have a seat at the table and get more capital abroad. it is unclear what the process will be for tencent. financials having some troubles euronet,y grams and

saying it will have issues with the approval process. it is a big deal for chinese companies and a great way for tencent to have their stake in eighth fast-growing u.s. company. cory: kevin, i think we forget that china has the largest car market in the world, bar none. do you think tencent, when you do the work on this company, do you look at this is a business that should be in automotive in different ways? kevin: they are already invested in the automobile business in different ways. there is an auto trader but recently invested in a finance company. one of the parts of the story that is important, while china is the largest car market in terms of new sales, its per capita number of cars is still quite low versus the united states, in particular. become aer of cars has problem in many of the major

cities there are restrictions which day you can drive. we have all seen stories of days and weeks long traffic jams in certain parts of china. more than any country, to the extent the autonomous vehicle takes some of the traffic of the road or cars off the road, i think it makes a lot of sense for china as a country to be embracing autonomous vehicles, which i think is a lot of what this investment is about. anchor: fascinating stuff. i want to change topics. there's an interesting story today about amazon and focus they've got on the middle east. it was a pretty big acquisition. selina: it was a pretty large acquisition, we do not know what the amount was. they had at one point been in talks for but it is probably $650 million, closer to $1 billion this time. this is a big deal for amazon. cory: even for amazon, that is a lot of money. selina: they see the middle east as an emerging, growing market.

this is a company with huge brand presence. cory: souq.com. selina: it is a great way for amazon to get a presence there. it's a great point for amazon to get in there. it made a lot of sense to purchase the company. cory: it's not really amazon style. buying a company within the adjacent business and making it their own is not the amazon way. selina: but in this instance, when you look at what souq has already built, that would just ask infrastructure is probably pretty difficult to re-create in the middle east. amazon is probably looking at this deal and thinking this makes a lot of sense. i'm sure they were probably evaluate other opportunities in other markets they have no footprint in and come to that same conclusion. cory: selina wang, thank you for coming in. and kevin carter, the founder of emqq. the dow snapping and a date news -- losing streak. abigail tuesday trade, was this

, a resume to trump rally? with the epa news. reporter: great question. it was certainly a bullish day for stocks. major averages opened slightly down and then they shot higher. there is a 10 year yield starting to climb higher. it was not all about technology that caused the rally in indonesia. there were tech and internet shot -- stocks shooting higher. amazon --ebook, and apple and facebook close the new record highs. this, he thinks apple could be a $2 billion stock. especially if they focus on innovation and buybacks. the question here apple, from a , technical perspective, looks pretty stretched. we have a chart that suggests perhaps more bullish trading could be ahead for apple.

this is using a new indicator called the chameleon indicator that blends other technical indicators, but simplifies it by showing bullish trading action in green, bearish in red. see --ere is uncertain uncertainty we see yellow and peak. -- pink. outside of that boxed in area back in 2012, this indicator has been pretty solid. right now it is all green, suggesting these gains for apple may just continue and, in turn, help the major averages. cory: we also saw a bid for a stock that had been hurting today, accenture. what was the big move there? reporter: they finished up more than 1.5%, the best day since december 7. the big news there is oracle, the news that they could buy out accenture. i reached out to bloomberg intelligence, and they say this should be pretty unlikely,

mainly because of the valuation. the price tag being so big. when we take a long term look at accenture, this stock is nearly and market cap company. $80 billionspeaking to the big price tag. however, the ceo is looking for a smaller services company, and on this chatter today we did see some of the other smaller services companies rally, including hp enterprises, computer sciences, and cgi group. i'm guessing we will be hearing more about this story on a stock company you do not focus on too much but who knows? ,cory: it's trading at 2.6 times is earning growth rate. it does not look like a great valuation. thank you very much. the story we are watching is the biggest grab for the global market to date, square expanding in the u.k.

less than 5% of square's sales are outside of the u.s. they have a presence in canada, japan, estoril you. president trump rolling back the policies of president obama. what this means for the clean tech. all episodes are live streamed on the twitter. check us out at bloomberg tv. weekdays 5:00 on the east coast. this is bloomberg. ♪ cory: president trump signing an

executive order today intended to scale back the clean power, make america energy independent and restore clean coal jobs. but is cleantech really be entered -- really the enemy of coal?

joining us from the d.c. bureau, jen covers the clean power industry. america doesn't import any coal. does encouraging coal make america less energy independent or more energy independent or , have any impact whatsoever? jen: this order is much broader than coal, even though trump today framed it very much in the language of helping coal miners. the core of this order that trump signed to dismantle the clean power plant, which forced coal in the power sector. he is listing other factors that have limited production of oil and gas on federal land. cory: let's talk about those one by one. they're been a lot of suggestions that were requirements monitoring the price of coal.

coal industry stuff, a lot of suggestions that there are monitoring of prices and pollutions of coal has been hurting the industry, and that money will suddenly start flooding in. is that true? jen: analysts don't think so. the coal industry is up against pollution regulations, not just regulations on carbon dioxide that are affected by what trump is doing today. it is regulations on mercury, and traditional criteria air pollutants that aren't going away. that has been a primary headwind for coal in the electric sector. one of the reasons you see utilities go towards natural gas and renewables, which have the advantage of not being as expensive, there is less labor. cory: you have energy companies across the country who from a decade have been switching away from cold toward natural gas not because it is cleaner, but because it is cheaper. jen: that is the real challenge here for coal. , heatter what trump does cannot change those fundamental

economics for coal producers. some is used for steel. that is something where maybe he sees an opportunity to create a steel manufacturing renaissance in the united states. in the power sector, it is a challenging thing to do. cory: furthermore, i wonder what this does mean for the future of clean tech and what changes will affect wind and solar. jen: i think wind and solar developers, i talked to them a lot here, the lobbyists for those industries, they say they take a lot of the president's boxes. they offer jobs, domestic energy security and independence, so they are really telling that story to the trump administration. they are not pitching themselves so much asleaders part of his economic success story. cory: it also seems to me that, not unlike manufacturing, with coal, the jobs that would come back if there was more mining to be done would be more automated, more use of machinery come up

less use of human beings. foras many jobs productivity would be happening. jen: right. what we have seen from coal mining sector is an erosion of jobs because of increased mechanization. the image of a miner going down underground with a pickax, that is really antiquated. now you have bulldozers, mechanized diggers and open pits, mountaintop removal sites. it is a completely different picture and mechanization has eaten away at those jobs, and even with the clean power plan gone, those jobs aren't coming back. cory: at least he did not bring back lead paint and ddt. are you psyched to share your browser history? u.s. congress is set to vote on broadband privacy rules. why your web history could be at risk, next. and a feature, our interactive

tvs unction. watch us alive plus previous , interviews and all of the stocks and functions we are talking about. tv . this is bloomberg. ♪ cory: the house is set to

overturn broadband privacy rules put forth by the fcc. just months ago, the senate voted to scrap the rules last week. conservatives are worried about your browser history. proponents of less government regulations say these overreach internet service providers at a disadvantage against websites and apps. joining us from the d.c., the cochairman of the privacy coalition, funded by comcast and other broadband providers. the argument i've heard is that comcast, time warner cables, companies we all know and love, just kidding, these companies feel that they are at an unfair disadvantage against google and facebook and the like. is that right?

the 21stmbers of century privacy coalition are very strong supporters of consumer privacy. they firmly believe in that companies have to be transparent, disclose what information they are collecting and how it is being used, and they should be held accountable for honoring their commitments to consumers. i would say that the ftc, my former agency, sent a comment to the fcc, and they pointed out 27 it was at that time a democrat controlled agency and they pointed out 27 separate criticisms of the fcc rule, not all of which were addressed. the most significant one is the fact that privacy protections, although they are critically important, should be technology neutral. in fact, the fcc wrote a report

in 2012 praised fairly widely, including by privacy advocates, that called for limits on data collection and for technology neutrality. cory: currently, does a cable provider or isp have to tell me if they want to look at my browsing history? jon: do they have to tell you? no, but they have all make commitments. first of all they don't look at , browsing history right now. but they have all make commitments that they will not sell that data. certainly in a personal sense. if they don't honor those commitments, they are in violation of the law. there are 47 state attorney generals. anchor: i'm not talking about selling it. but using it for themselves. jon: for internal use? sure. for billing purposes, law enforcement purposes. they might find some interesting patterns and things about the information they collect and use

that to benefit consumers. that is what providers like google and facebook do. cory: the ad providers, they have to notify the person using. someone might just click on accepting the terms on facebook and google and one can argue whether that is truly a , but the rules are different for apple and google and facebook than they are for comcast or verizon? jon: the rules certainly would be different if these fcc proposals stay in place. and we think they are fundamentally flawed. cory: it is interesting we see , companies like at&t moving and -- moving forward with a dish and thinking more about being a content provider. suddenly verizon is both aol and yahoo!, as well as being the isp, so they really do want to go much more head-to-head with google and facebook. jon: i think what you might see

going forward, particularly if this rule is modified or overturned, is competition for privacy, which would be a good thing for consumers, and more innovation, also a good thing for americans. that is the hope. cory: to say this rule that removes privacy protection gives more competition for privacy, i pushes to getne less privacy. guest: i would say it's not entirely certain. if you place restrictions on an isp or broadband provider and they result in higher prices or less innovation, i don't think consumers are necessarily benefited from it. the fcc still has the authority to bring privacy cases as it has done over the last several years under the previous administration. i hope they will continue to do that where it is appropriate. cory: this is about taking away

privacy, not adding more for the isp. jon: i think it's about more than taking away privacy. cory: it's about the way privacy and something else. i would agree. jon: i think we are in agreement there. i think it's about replacing or undoing what we think is a flawed privacy proposal that was passed on a partisan vote. at the ftc our approach was to try to have a bipartisan rulemakings and decision. they are more enduring. the fcc had the ability to go back and write a new privacy proposal. it could do that. i think we are not quite certain what the future would hold. there is a reasonable chance that the future will be more promising for consumers. i certainly see your question. cory: i appreciate your time. former ftc chairman, thank you. coming up, intel's executive vice president of manufacturing and operations.

we will dig into what is next for this $3 billion chip master. this is bloomberg. check us out on the radio. sirius xm. ♪ live-stream your favorite sport

at the airport. binge dvr'd shows while painting your toes. on demand laughs during long bubble baths. tv everywhere is awesome. the all-new xfinity stream app. xfinity. the future of awesome. the biggest week wow, watchathon has netflix? hey, drop a beat... [ beatboxing throughout ] show me orange is the new black. wait, no bloodline. how about bojack? luke cage. oh, dj tanner. maybe show me lilyhammer. mmm, show me last chance u. on second thought, maybe pompidou. narcos, fearless, cooked, the crown. marco polo, lost & found.

grace and frankie, hemlock grove. season one of... show me house of cards. xfinity watchathon week starts april 3. get unlimited access to all of netflix and more, free with xfinity on demand. 11:29 in new york. i am paul allen with the first word news. reports from japan say toshiba has approved plans or its nuclear unit to apply for chapter 11 protection. there was a $6 billion write-down for westinghouse. the company's technology has about has to the world's reactors. westinghouse has been hit with the delays in projects in georgia and north carolina. north korea's new flight to people to five destinations. made headlines in 2015

when they were awarded just one star, the only carrier in the world at that level. turkey's government has criticized the arrest of a senior executive of one of its largest state open -- state-owned banks. he is accused of avoiding sanctions on iran, conspiring with eight turkish gold trader to launder hundreds of millions of dollars through the u.s. system. fell after the arrest. powered by over 2600 journalists in 150 bureaus around the world, this is bloomberg. have what is going on from japanese it shares, and the dollar-yen back up above 111. 1/3 of 1%.ng

check out the nikkei 225. today, stocks gaining jumping after court approval to restart nuclear plants. we also have panasonic up the rise -- on the rise, up 3.3%. daimler says they can have an earnings recovery in 2018. near the end of the first quarter, let's take a look at what is going on in these shares. shares jumping a second time today. gaining after j.p. morgan upgraded the stock. gains of about 18%.

chinese cities, expected to a property tariffs through march 29. ♪ this is "bloomberg technology," i am cory johnson. tesla shares on the highest level in a month. tesla shares up 30% year-to-date boosted by the capital raise and anticipation of the model 3. moore's law is still on track according to intel. rivals ofy says its not close the gap and manufacturing leadership. it says its rivals have not closed the gap on manufacturing leadership. samsung's ability has not change the market. we are joined by stacy smith.

sitting where i normally sit. a, thank you for coming here today. you guys did a big event today. last week, i did something with craig barrett and he mocked me basically, saying guys like you have been saying moore's law is dead for 20 years. it is more than that. the speculations that semiconductors cannot get twice as fast and half as expensive every 18 months. but you guys are still pulling it off. the rumors have been going on for 25 years. for us, moore's law is alive and well. it continues to drive cost down and performance often it is the driver of our business and the economy. cory: it has unquestionably changed the world of though it is not a law of science. it is essentially a marketing goal. it is a scientific research goal. stacy: moore's law is more of an

economic slot. it says you can double the amount of transistors in a number of years. it allows us to improve the capability of products or reduce the cost of those products. it was an observation by gordon and smart technologists have been keeping that marching forward for 50 years. cory: what is the most important two or three innovations that you see on intel's roadmap to allow this to continue? stacy: for us, we look at the complexity of advancing moore's law, we are employing something called hyper scaling. that means we are getting bigger improvements generation by generation and that allows us to keep on the track of moore's law. there is a lot of technology that underlies that, but in essence it is taking longer to get to note to note, but we're taking bigger steps. cory: what are the chemical processes?

stacy: as you said, everything changes in terms of how you do processing. this is the first time we've done an event like this in over a decade because normally we are secretive about these things. we talked about transistor structures, we talked about process steps we use to give us exquisite control that allows us to do double patterning in the factories. we went through a lot of technology disclosures. i think for the non-technologists in the room it may have been too much but it showed where we are heading and allowed us to align with the industry around key technologies, because we need their support to continue moore's law. cory: geek out for me. tell me one that you really when you found applicable science you could put to work. stacy: one of the key things we talked about today is something where it is a multi-die

interconnected bridge. it allows us to have a high-speed interconnect so we can take products from different technologies are companies, put them together in one package and create entirely new classes of products. cory: that is a singular chip? stacy: it is multiple dies. they can come from different places. you can put them together with high-speed interconnect and that allows us a heterogeneous mixing and matching of capability. we can pull a modem from one generation of technology, a c po from another, put them together into a high-performance package and create a cadence of innovation different from what we have been able to do before. cory: the dies are stacked on top of each other like a record album in a machine in a diner?

stacy: they are next to each other. cory: it is pretty wild. one does understand why it is hard to believe they can continue to get so much faster and this law can continue to perform itself, but it is a challenge intel seems to meet every few years. what is also interesting is the way chips are used is different now. the driver that intel once controlled was data centers and pc's, and it is maybe not as relevant in a mobile or internet of things world. maybe not sensors in a stoplight or car. stacy: leadership process technology is applicable on the high end of the market, so think about machine learning and artificial intelligence. it is applicable in high-end of the client market. it is also important when you start thinking about devices

smaller and more energy-efficient. i think leading-edge process technology is- more applicable today than it has been, you just use it and -- in different ways. one of the slideshows we had today, the high-end of the market has been going at a 14% tagger over the last several years. that is driven by mobile chips going into high-end phones and internet of things applications. cory: you are saying that across the board at the high-end, it does not necessarily translate when you see everything slung together. stacy: we are seeing more and more of the overall silicon being produced in the world going toward a high-end. that is because people want performance and energy efficiency, being at the leading edge enables both of those things. cory: stacy smith, evp of sales at intel. stacy: great to talk to you. cory: facebook is copying snapchat again with its main facebook app.

facebook users can post messages and videos that disappear after 24 hours. they can also add dozens of filters and effects. selfie masks, things that snapchat uses. facebook messenger and whatsapp also have these features. snapchat user growth has plummeted. coming up, bill nye will join us with words of wisdom for president trump and what nasa should be focused on. human mars missions and earth science studies. this is bloomberg. ♪ cory: another edition of out of

this world.

former science guy bill nye with free device for president trump. his nonpartisan space interest group has issued five recommendations to the administration. some things trump plans to leave in place, like a manned mission to mars. others like science research, not so much. he also wants to cut spending. bill joins us from los angeles about why the planetary society offers advice to president trump. bill: what is happened a few times in the past, previous administrations have chopped a -- an existing program and started over. we think all the programs in work right now are worthy or worthy enough to keep in the pipeline and keep the planet mars as the focus for human spaceflight. cory: why is it so important? there has been an argument that says singles and doubles are important, let's get lots of

data and science, not sink so much of the budget into such an expensive thing like mars. bill: two different things. the trips to mars are quite reasonably priced. we are talking about robots and rovers. what i would like to do in my lifetime is send a rover sophisticated enough, sterilized enough to drive up to one of the so-called recurring slope linea, these are stripes running agree is aat we result of running water, a martian spring. we would sniff around, microscope exam of the ground for living things or evidence of living things. in the meanwhile, what gets people excited about space exploration is when humans go out there. want to get humans in orbit around mars by 2023. if you want to go earlier, -- you can only go to mars every 26

months. you cannot go any time. you have to time it with the orbits. we strongly feel this would bring out the best in us it , would be optimistic and we would make discoveries that would change the course of human history. cory: how so? bill: i claim that if we found evidence of life on another world like mars or the moon of jupiter which is called europa, which has twice as much seawater as the earth if we were to find , evidence of life out there, it would be like copernicus showing that if you want to find the planets in the sky thinking , about them going around the sun. cory: we have to see what the house and senate do right now, they seem intent on cutting funding for science and nasa, and even looking at things like climate change as suspicious or untrue. bill: the proposal is to

increase the budget for nasa, but there is a lot of talk about decreasing the earth science budget, which is a big part of what nasa does. even noaa has its own satellites, but a lot of the instruments on the satellites are designed by experts, technicians, engineers, and scientists at nasa. climate change is for some reason a political issue. from a scientific standpoint, it is just an issue, a big issue the most significant issue , facing humankind. our belief is that if we advance space science and exploration at nasa earth science will get , advanced, as well. we want to keep it all going. with respect to being anti-science, as much as that is being talked about and as serious as it is, nasa is the best brand, just from a spacecraft point of view, from

the state department's point of view, nasa is the best brand the united states has. you can invest in nasa for this reason that is not scientific. it is helping people around the world recognize the extraordinary expertise that has been built up in the united states in space exploration. cory: is there one science fact bill nye the science guy would throw in the face of those doubting things like climate change? bill: when it comes to doubting climate change i encourage everybody to look at the ice. by that i mean look at the ice cores extracted from antarctica and greenland. occasionally siberia. you will see overwhelming, incontrovertible evidence that the earth's climate is not just changing, it is changing fast. that is a big problem, everybody. it is the rate at which the climate is changing.

i would love to get involved with all this, but humans are causing it and the evidence is overwhelming. the people who are fighting this are the fossil fuel industries or people the fossil fuel industries have hired. i encourage those guys, and they are almost all men, i encourage you to think about your kids and grandkids. you do not want to leave them a world where people have to up and move, our arable land has to move north in north america. we have to make new deals with our neighbors to raise enough food for the world. you guys, this is a serious issue and i hope everybody stops making it a political issue and makes it a let's get to work issue. cory: planetary society ceo, bill nye the science guy. a quick program reminder, wednesday at 4:00 eastern, a -- though what did you miss team takes a deeper look into the rise of populism and how it is

changing the dynamics of the global economy. we will speak with experts from around the world, including the former ecb president. and former italian prime minister. don't miss this special program on 4:00 on wednesday. coming up, uber in the headlines again. this time it is by choice. they have released a diversity report. we bring you the data next. this is bloomberg. ♪ cory: in the spotlight again,

uber. the company says it will pull out of denmark by april 18. uber is blaming a new taxi law that requires a mandatory meter and seat sensors. uber has more than 2000 drivers in denmark. the company says they are going to provide a dedicated resource

to assist drivers in the shutdown in denmark. the company releasing a report on tuesday dealing with the gender breakdown and racial makeup of its employees. data shows they trail the industry in -- with women in leadership and technical roles, but women are only 20% of their leadership team. 15% of the tech jobs. was not in theat report, retention. joining us from san francisco, ellen huet. thank you. what about this report? is a remarkable? ellen: looks like some of the reports we have seen coming out of the big tech , google, of the valley facebook. they show us a similar pattern, very few women and non-asian people of color in engineering,

across the company as a whole and also in leadership. uber is similar to that. because they include their total employee count their customer support people they did have a better racial diversity than some of the other companies we have seen. but in many ways it was in line with some of the other companies we have been getting reports on for a couple of years. cory: this does not include the drivers? ellen: it does not, they are independent contractors. they are therefore not included in this. there were plenty of people on twitter that were confused about that. cory: they'll have to give the drivers benefits and things like that. ellen: health insurance, benefits worker's comp., all , these things they don't have to include. it has been a long battle for now in the status is that they are still independent contractors. cory: that is not the only diversity issue with uber. we had a former employee come out saying she was discriminated against because of her gender

while working at uber, and detailed problems there. offn: that is a jumping point for different story i wrote this afternoon. talking about how these tech company diversity reports do not include retention rates. they're happy to talk about the demographic snapshot and hiring rates, but they don't talk about who stays. you talk to people who really study management and diversity, they say retention rates and who exits and whether there might be some demographic groups leaving more frequent than others is a pretty good indicator of what the culture is like inside the company, how inclusive it is. it is an important metric but people don't want to talk about it. it is quite sensitive. she talks about how she tried to track the retention rates of her own department herself because she knew the company would not talk about it. she was not seeing who was leaving that particular engineering department. she said in her essay, the

reason women were leaving was because it was organizationally very chaotic and also there was a lot of sexism. cory: she also suggested in a perverse way, a diversity initiative at uber caused her to be forced out of the company. she says that she applied for a transfer within teams and it was blocked. she did not get good answers from hr on why that happened. she said she found out later, she overheard her manager boasting about how he was able to keep women on his engineering team even when other managers were losing them. we don't know that it was an official policy within uber that managers were being graded on retention rates, but it seems to me to make it pretty clear that at least within the company, people are paying attention to who is able to keep women in engineering and keep certain

demographic groups within their team, and i think it is probably important for uber, that they track who stays with the company as a whole. cory: it almost suggests, and they won't tell us so we can not give them credit, that on some level they were trying to do the right thing, or be more diverse, i should say. yet the way they did it ended up handcuffing them. ellen: i think every company is paying attention to this. the sense i get is that they do it in part because they know it is something outsiders are under a lot of public scrutiny for. and because there are people in the company who believe it is good for the company and business. it is a mix of the two, employees are aware they are being watched for and they are , trying to find their way to a place where they find policies that work for them and where they can make progress. cory: interesting story. ellen huet, thank you very much. that does it for this edition of

"bloomberg technology." wednesday, we look at samsung as they released their anticipated samsung 8. ♪

>> oil rises for a second day. trading update that is showing u.s. supplies are slacking your. >> theresa may will trigger brexit in the coming hours. bank lending almost ground to a halt as month. liquidity is also down. president pica's