♪ alisa: i am alisa parenti and you are watching "bloomberg technology c." president trump says the u.s. has tremendous potential it has not lived up to. he spoke about reforms today during a meeting with ambassadors and members of the un's security council. he also told ambassadors scattered at the meeting that the time to deal with a potentially armed north korea is now. it is one of the largest sanction actions and u.s. history. treasury secretary steven mnuchin announced sanctions today on syria at the daily white house briefing.

the alleged attack killed at least 80 civilians. top white house and administration officials, including gary cohn and secretary mnuchin, gathered on capitol hill. tomorrow, they plan to lay out details for their tax reform plan. the trip comes one day before president trump announces his ideas for changes to the u.s. tax code. tax code. former president obama made his first public appearance since leaving office. he talked to students about being a community organizer and how that laid the foundation for his political career. he let a student panel at the university of chicago, where his presidential library is planned. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. this is bloomberg. i am alisa parenti, and this is bloomberg. ♪ caroline: i am caroline hyde.

this is the "bloomberg technology." t-mobile with another subscriber when. john ledger joins us to break down the numbers and a roadmap for the year. plus ginni rometty's $33 million pay package dragged under the spotlight. why some are seeing red over the way big blue calculates ceo pay. and larry pag larry paige's flyr prepares for takeoff, and could come as early as next year. it was green across the globe as the week kicked off with gains relief rally in global equities , a made its way all the way to the nasdaq closing at a record high. forig into what this means technology. abigail doolittle joins us from new york. what a day. markets. tell us about the wrap up?

>> risk on really describes what we saw today. full rally mode. the dow, s&p 500 and nasdaq all finished higher, each having its best day since august 1. since they are now at levels march 1. that are the best since the middle march, while the nasdaq is at yet another record high. lots of bullish activity. the question is can this last? let's hop into the bloomberg and take a look at a chart of the nasdaq. this is #8030, a one-year chart of the nasdaq, and today's record high came on a big gap to the upside. frothy,ically represent frenzied trading activity and a lot of emotion on the part of investors. they typically tend to fill, whether on the downside or the upside.

we could see the nasdaq dropped down. all the gaps over the last year have filled, with the exception of the one in the aqua box. ,lus, that shape and purple typically those are bearish and represent massive uncertainty, not a lot of information on the part of investors, and the wider the swings get, the more bearish comes and typically attends to break to the downside. let's return to the bullish activity we had behind those gains for the nasdaq. all of the big tech names including apple, microsoft facebook, alphabet, all those names tend to react bigger to the kind of macro events we are seeing today. perhaps this is a bullish tell on what could be ahead for quarterly reports. caroline: tell us about microsoft and alphabet. is there much of a push on their stocks because of optimism on these numbers? abigail: this is a chart on the

bloomberg. there was a great article pointing out that the call volume today on microsoft is well above the 20 day moving average. we don't have that in here, but in orange, we have call volume spiking higher today. put boy we have the them, so there is some hedging activity going on, but despite the fact that volume for both sides of the equation is spiking today, look at the white area boxed in. that was on the last report, so relative to expectations going into that report, this is going to be relatively small. another big winner on the day, xilinx, the chip stock surged. credit suisse updated their rating on the stock to outperform. lastly, the chip sector, if we hop back into the bloomberg, g

btv # big dip down over the last 4265. couple of weeks below the 50 day moving average, but back above it. it will be interesting to see whether chip stocks can hang on to this traction. perhaps there could be some sort of reverse cell. time will tell. >> thank you, abigail doolittle, live from new york for us. meantime, amazon shares edging up today. raised price target for the everything store. both project the stocks to jump over $1000, that's jumping more than double digits. this comes as a slew of tech companies are getting set to release quarterly earnings. twitter comes on wednesday, ,ollowed by alphabet, amazon microsoft, and until on thursday. i'm going to start with amazon.

i'm looking at one of my favorite functions, and was recommendations. i am looking at the price target in yellow creeping almost above $1000. as a consensus price target for amazon, there is plenty of buys, yellow meaning hold, not one sell. >> cloud momentum continues. demand is strong. profit margins are healthy. on the retail side, the market demand is strong, but more importantly, amazon's fulfillment program is on fire. they have grown their sellers by 70% last year. they sell directly to prime members. prime members get more selection and the story continues. where it does have a downside is , this growth we have seen, is

on the cost of the equation because it puts near-term price pressure on the company, so the growth trajectory is strong. it's the cost of volatility that withve gotten used to amazon in a lot of ways. that is not going away. caroline: certainly some of the raised expectations of this seem to be on the amount they continue to spend. that does eventually filter into revenues picking up. i am digging into the cloud. we have microsoft and alphabet this week as well. they cloud players here. this function gives us our earnings, estimates looking forward to microsoft. i'm looking at the revenue, $23.6 billion expecting for the fiscal third quarter. that is an uptick of 7%. how much of that is based on cloud euphoria? >> it is all about that. if you look at microsoft and google as well.

if you look at the growth they have seen in that segment, it is basically showing that the market is bigger than what they thought was, and bigger for everyone to play here, so we are seeing growth across the spectrum, the space. caroline: you mention how we should look at other areas of growth. seeingrevenues currently 11% of revenue made up from other revenues. that is about $10 billion for fiscal year 2016. how much does google think cloud could become the most importants sector? >> they think it could be even bigger than the advertising business long term. so if you look at the momentum we have seen in the last couple of quarters, it shows this growth could continue. investment focus

on google in a big way. suddenly, the story changes. it is not just about strong mobile advertising which continues to maintain momentum, but now there is a revenue stream growing at a healthy clip. what is interesting with snapchat, snapchat is a big cloud customer for google. on amazon is well, so they the strategy of are diversifying. customers trying to diversify and spending on different cloud services is positive for microsoft, amazon, and google. caroline: interesting you mention snap. looking at the world of social media, we have twitter coming up. that's not an overly excited expectation for the week. near record lows for twitter. not much optimism going into these numbers? >> if you look at expectations, 14% revenue decline, the lowest it has ever been. what twitter needs to show is the stabilization and user

growth they are talking about over the last quarter, is that continuing? that advertisers defecting from the platform? is the competition coming from snapchat and instagram? is it really helping your revenue growth to maintain its position, or is this going to be a downhill battle? they can't meet the expectations that are very low as it is, that would give you a signal that they are not able to convince advertisers. caroline: just looking at my bloomberg, $508 million expecting, down 14%. it is not looking too pretty for twitter, as ever. thank you. great conversation. thank you very much indeed. now story we are watching, , a delivery hero is weighing an initial public offering as it growth on rising

demand. the company connects restaurants to people, delivering food. another possible ipo in europe telefonica is considering an ipo , for its u.k. mobile phone unit, 02. the spanish telecommunications company is looking to reduce -- after coming up, the flying car is preparing to take flight sooner than you think. more on that story next. this is bloomberg. ♪

caroline: now silicon valley has been talking about developing flying cars for decades with little signs of progress.

peter thiel famously said we wanted flying cars, instead we got 140 characters. sorry, twitter. but the now seems to be some real progress appeared more than a dozen startups are taking on this vision. hawk isge is kitty testing a flying car in northern california. we caught up with rob stone in los angeles and asked him why larry page is interested in flying vehicles. >> those companies are a little bit of a myth around silicon valley. of course we did write about them in our story last year, but today they kind of come out into the open with a story in the new york times. a company called kitty hawk, you should look at the video if you haven't seen it, shows an one person aircraft that for now hovers over water, looks like a device from star wars. but the exciting thing here is that this science fiction dream, this idea of a personal aircraft that we could use to commute to work, it is getting a little bit real.

like ae: it almost looks motorbike rather than a flying car. larry page and sebastian from google are working together on kitty hawk. >> right. a couple of important things in the article. of, this is a number prototypes. there could be other form factors. this is a single person vehicle. it does not conform to the dream that some companies have that these could be flying, autonomous taxis to take us to and from work. this looks a little bit more like a recreational vehicle. aboverse they only flight water now. it is also important to note that there are so many technological and regulatory hurdles to pass before these things come to market. but the article does say they want to start selling these devices by the end of the year. it also implied that maybe they would allow people to sign up and get a discount early. it is the first indication though that some of the secretive projects are beginning

to be realized and that if they are going to start talking to the government and testing it in the open. they need to be public. caroline: we have a three-day summit about to launch. it is driven by uber. it is elevate summit, so they are also trying to talk to regulators, thinkers, people who are looking at the opportunities out there for flying vehicles. >> right. you might think uber has its hands full with driverless cars and cultural challenges, but yes, they are putting a foot in the world of flying vehicles. they say they want to be a facilitator in this market, that they are not necessarily trying to create the aircraft themselves. we will see. this conference is about bringing companies together, starting to talk about what some of the obstacles will be, getting a conversation going so you start to familiarize yourself with what some of the challenges will be in bringing this concept to the world. like, look, nobody is inherently

comfortable with the idea of large, 100 pound aircraft flying right over their homes. and so there's going to be a ways to go to get people comfortable with it. thought: talking about leadership, it seems to be airport ar everywhere. we not only have this elevates summit coming, we have the geneva motor for him. this is where europe gets in. airbus, the huge engine and aircraft maker is also looking at these flying vehicles with vertical takeoff and landing. >> i saw that. they showed off a cool design concept. it is sort of a different creature here. it's almost like a classic version of the flying car, where you can try that as a car, then presumably go to the top of the parking garage and the wings pop-out and it becomes a flying vehicle. very much in the prototype stage, but it does show that the big aerospace companies see this

as the future and are working on it and investing in it too. caroline: i mentioned your piece from about a year ago when you are blowing up in the first thought of this and larry page's inclination toward this type of technology. what about kitty hawk, over clearlake, california. what about aero, the other unit? >> right, right, well this is part and parcel of the same company funded by larry page. zee aero has been around longer. the first records of the corporation date back to 2010. i presume they are working on a multi-passenger flying taxi model. not just a personal aircraft, but something that exists in a hybrid fleet vehicle, something you summon in an uber-like way. we don't know though. it is still operating in the dark, in the shadows, as so many of the companies are.

but it is interesting they have taken the first step with kitty hawk it, so maybe we won't learn more about this other effort very soon. caroline: bloomberg technology senior editor brad stone. great to have him join us. romettyp, ibm ceo ginni is one of the highest-paid executives in tech and her actual pay may be much higher than what is reported. we will discuss. a feature we would like to bring to your attention is our interactive tv function. you can find us on tv on the bloomberg. you will be able to watch is live and see previous interviews of our coverage from around the globe and dive into any of the securities of functions. you can become part of the conversation by sending us instant messages during our shows. this is for bloomberg subscribers only though. check it out at tv . this is bloomberg. ♪

caroline: now in this edition of how to this world, nasa

astronaut peggy whitson has set a new record. she officially set the u.s. record for most cumulative days in space. she surpassed astronaut jeff williams records of 543 days. to mark her accomplishment, president trump offered his congratulations from the oval office, saying on behalf of our nation and frankly on behalf of our world, i would like to thank you. while an impressive feat, it does fall short of the world record of days in space, which is held by a russian cosmonaut who spent 879 days in orbit. do not miss our in-flight interview with peggy whitson who will be at a board the iss on may 23. now, ibm ceos ginni rometty's pay package is up for debate. remember, big blue has had 5 five years of falling revenue. by proxystimate advisors iss and bloomberg is that actual compensation may be understated by as much as half.

that is because of ibm's way of thine stock options. our reporter joins us from new york. fascinating reporting. $60 million. is that how much she could actually be getting if we look deeper into the options pricing? >> closer to $50 million, but still quite a hefty premium over the $32.7 million ibm reported in the proxy filing last month. we ran the numbers at that point, and for these options, we got a much higher value than ibm got. iss agreed with us and set these are worth closer to $29 million. caroline: that is quite fascinating. pay on the bloomberg function. she is one of the top earners already. number six currently. number six in the previous year. very highly paid when it comes down to it. we could see shareholders get

a little bit angered by this, feeling essentially that she is overpaid when you look at what she is bringing back to the shareholder base. >> ibm is in an interesting situation. for the first four years of her tenure, revenue has been sliding. 20 straight quarters. when ibm's board decided to grant her these options, you can imagine some conversation in the boardroom about how are we going to sell this to shareholders? her pay is going to look higher even though shares have gone down for four years straight. caroline: how realistic could there be a significant shareholder revolt tomorrow? it is embarrassing. >> it will be interesting to see. ibm has had historically more

than 99.3% approval for the past five or six years. and now both proxy advisory firms have come out and recommended that clients vote against this pay plan. that's pretty significant. research shows their recommendation can sway 25%-40% of votes. so if you have heavy hitters like vanguard, like rock, berkshire vote against this plan, this could be a pretty ugly result for ibm tomorrow. caroline: some pretty heavy hitters they have on the list. thank you for joining us. coming up, softbank is making it another bet, this time in the united kingdom. we will dive into what this can mean for softbank's overall portfolio. this is bloomberg. ♪

♪ it is 11:29 a.m. in hong kong, 1:29 in sydney. i am paul allen with the latest first word news. china will relax rules on how much foreign automakers can own of their joint ventures. the statement is the first official word that it will lift the two decade requirement that was designed to protect the domestic manufacturers. bloomberg reported last june that the change was under consideration. some say it would weaken chinese carmakers. president trump is ready to slap from tariff on lumber canada, the latest in a trade dispute between the two

countries. the white house has confirmed the plan, which came at a meeting for reporters. ood prices have surged and there is no replacement on the horizon. signs ofea has shown moving on from the president impeachment scandal with consumer confidence rising the most since 2013. its monthly sentiment index reach 100 one, indicating rising optimism and an improving economy. it follows months of uncertainty after president park and some of the nation's biggest countries were engulfed in bribery accusations. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. this is bloomberg. >> the rally and asia with risk on the table. this carries some event risk, but ahead of that, stocks in japan about the 19,000 level as

the yen trades near that 110 mark. shares in hong kong also up over 1% as h-shares extend their advance for the day as chinese equities reverse this morning's losses, although still trading near a three-month low. take a look at the currency space, southeast asian currencies on the front, the ring at climbing to a five-month high as malaysian markets come back online after that holiday. we do have industrial metals finding some support, aluminum rising after alcoa, the top u.s. producer, cut its outlook for the global surplus, thereby in ulls.ng the b elsewhere in the commodities complex, oil shaking off six days of declines, crude up .5%, consideroil traders

the meeting this week will see more of a move towards extending opec's cuts past june. that is a look at some movers in the commodities space today. ♪ caroline: this is "bloomberg technology." i am caroline hyde. softbank close to making the next big investment. to make anans investment in improbable. that is according to people familiar with the matter. investment is part of softbank's founder's vision to establish the company at the forefront of the technology sector. softbank is currently finalizing the vision fund with backers including apple and saudi arabia. joining us now to discuss from new york, bloomberg technology's

selina wang. talk to us about this start up. what has softbank seen as improbable? hishis fits into messier vision of an ai and robot driven world. they basically make computer software that allows developers to make hyperrealistic virtual worlds. so a lot of gaming companies are capitalizing on this. you can also imagine a lot of real-world applications for this. for instance, visualizing a future of autonomous cars, and they also recently worked with the u.k. government to make simulation of the entire internet. it has also been growing very quickly. it opened a san francisco office. it has a joint venture with google. it is not surprising at all that there is interest in this start up. of thee: paint a picture

pie. i'm thinking of sprint here in the united states. he has all sorts of manners of investment. >> definitely. he has a solid stated thesis of an ai world and a future of singularity, computers taking over human intelligence. we have a number of investments that fit into that vision. oneweb is trying to bring internet to more underdeveloped areas. he also has a slew of investments that are a little more surprising. he is making an investment that , but it hase normal grown extremely rapidly to people looking for temporary workspace. that is a business that does rely on the growth of startups and tech. so he definitely wants to be a highflying start up. he also invested in social

finance, a startup in the u.s. includevestments also fortress investment group, which he invested in quite recently, which is also a big surprise. caroline: such a spread he really has. , i am going to bend you while i am here. i know you have put out great reporting on another company that you cover. it is square. interestingly, it looks at a surprising a supplies in place. >> definitely. this is a story that tells the ark of the rapid rise of silicon valley and how they can crash just as fast. yak startupup yik made an anonymous social networking community, that really took off on college campuses. it rose to evaluation of $400 million with backing of the

hottest silicon valley startup venture firms. now it sold for less than $3 million. it is not the actual company being sold. they are really interested in the engineers that built the innovative technologies at yik yak. caroline: it is fascinating because it almost feels like it would fit better with twitter, rather than working with square. do we know what sorts of areas square is looking to build up with this acquisition to the portfolio? >> i think this technology team will be used to build existing technology prospects. yik yak their products, their products, while very , innovative, came under fire. there were lots of incidents of threats, harassment, racism appearing on this platform. there was pushback from groups trying to ban this on campuses

across the country. this social networking bit when not be put into square, but obviously has a very talented engineering team that square wants to take advantage of as move into into loans, food of the really, and software services. caroline: more diversification coming from square. great reporting. selina wang, thank you for much indeed for joining us. now, amazon may be driving into driverless cars. another one. the tech giant reportedly formed a team dedicated to technologies well beyond the realm of cars. that is according to the wall street journal. at least 12 employees were assigned to the group a year ago to determine how driverless vehicles could help amazon deliver packages more quickly. this is not the first time we have heard amazon may make a play in the autonomous driving sector. earlier this year, amazon was approved for a patent for a roadway management system that helps self driving vehicles find the best lane for their needs.

talking about cars, tesla is planning to double the number of superchargers available to the public to 10,000. that's 39 percent more than elon musk promised when he unveiled the model three electric car. tesla will increase its so-called destination charges. they're looking at at hotels and restaurants, 9000 to 15,000 in number. the company chance to make 500,000 electric vehicles next year, up from 76,000 just one year ago. is this really significant for electric chargers. they are about to increase their fleet stupendously. >> i think one of the day questions for consumers who may be interested in a model is three where will i charge this, particularly if i live in san apartmentin an without a garage. having a network of charges makes it easier for people considering to buy them, particularly because it will become so ubiquitous. caroline: there is a map that

shows how much they will be increased. red is where they already exist. are coming soon. cities seems to be where it is at. >> by a large, the people who have reserved the model three tend to skew young and urban. they do not necessarily own their homes, so they cannot do a home charger in the garage. they need a place to charge, and so while the supercharger network was originally largely on highways, now they are becoming more dense, and they want to make it easier for people to charge without thinking about it. you should be evident drive from san francisco to l.a. without thinking twice, and to be able to charge in the city center, if you are there for a meeting. caroline: destination charges are an important one. we talked about where they might be located. charges areon fascinating. they are located at hotels, wineries. there is one at yosemite at a hotel. so i think that what tesla has

discovered is that their consumer base really likes to drive. these are people who love to do long road trips to earth's most beautiful places. one of the challenges, if i go to glacier national park, using yosemite, or yellowstone, will i be able to charge when i get there. if they charge as an amenity, it is a way to get tesla customers in the door. caroline: it does seem to be experiential. i was just in napa and they had so many various different restaurants. i'm interested by the focus on the united states here. really, at the moment, that seems to be the hottest place that tesla sells. >> i think that makes sense. tesla has said that when the model three comes out, they will begin deliveries in the u.s. and then go abroad. they will start in california, then moved to the east coast. they are adding charging with her they expect to begin the deliveries first. to be clear, there are supercharges around the world as well as destination chargers. people look at the map of china,

and there are a fascinating number of destination chargers there as well. caroline: thank you for coming on and explaining all of it to us. coming up, t-mobile out with earnings. picking up more subscribers to gain ground on rivals like for rise in and at&t. we will speak with ceo john ledger next. this is bloomberg. ♪

caroline: now, t-mobile has a set a high bar and cleared it again, to get more subscribers to gain ground against rivals. the u.s. carriers signed more than 900,000 new customers in the first quarter, showing serious growth. $698 million net income from $479 million a year ago.

we are joined now by the t-mobile president and ceo, john ledger. great to have you on "bloomberg technology." tell us about the numbers. we are at double revenue growth, but perhaps profit not increasing at the same rate as revenue. will it start to? >> let's be clear, our four year old birthday is on may 1. since we became a public company. 16 quarters in a row, we have added more than one million customers, so we are highly consistent. 1.14 million new additions. 798,000 of those were postpaid phone subscribers. here is the piece that is interesting. we estimate that we took over 250% of all of the growth in the industry this quarter. so, a gigantic percentage of the gains, 386,000 prepaid, and

churn at a record low number. service revenue and total revenue grew 11%. 46% net income. you have to remember that that is an industry where no other carrier grows service revenue at all, and hasn't for several years. so we are thrilled with the announcement of the earnings today along with the gigantic win in the low band spectrum option. so it sets things up beautifully. caroline: you talked about that a billion dollars you are flashing on spectrum. how will it be put to work? >> it was historic low band spectrum auction. it was a one-year long process. we won 45% of all the spectrum in the auction. we got 31 megahertz of low band spectrum and increased our overall spectrum holdings by 39%. we now have three times as much low band spectrum per postpaid

customer as verizon does. so, it was important for us. the spectrum we got covers every single inch of the united states and puerto rico. it is that beachfront spectrum that goes in buildings and covers rural areas. we are going are retail footprint by 30 million to 40 million people to take the spectrum to every inch. it is historic and very exciting for us. caroline: doesn't make you even more valuable, do you think? we have to talk about consolidation. you talked about in january. you said you see 2017 as the year of consolidation, horizontally, vertically. are you going to be a player in that? >> the anti-collusion period associated with the auction ins on the 27th at 6:00, so i cannot comment specifically. there are great opportunities

for wireless players and adjacent industries to bring capabilities together, to serve customers in a better way and increased value. number two, no one has been able to talk to one another for over one year. number three, there is an expectation that the new administration will be more lenient from a regulatory standpoint. and you have three or four people who have admitted they need to do something. etc. sprint, comcast, t-mobile much more viable. we have the opportunity to grow, but also, on behalf of our shareholders and customers will be interested in looking at the opportunities that we might further accelerate that growth and serve customers better. caroline: do you think you could serve customers and shareholders better with a horizontal deal? would it be better to team with other mobile suppliers, or do you think it's better to get into the content? >> well yes, yes, yes. ,right?

i have often said that what is happening easily summarizes all content will go to the internet and all internet will be viewed things can define where are going and what can take place. t-mobile could be strong by itself and continue to grow. we could consolidate with another wireless player and get scale and bring competition even greater. we could come together with the cable player from a standpoint of convergence that makes sense overtime. remember, when all content goes to the internet and the internet is viewed mobile, we have 73 million and growing people who get their monthly access to internet and content from t-mobile. so, i think there will be a lot of fascinating things happening. most importantly is we are profitable, and 45% on free cash flow growth, and our stock was trading at an all-time

high today, so we are feeling good about our options. highsne: we are at heady when it comes to that number, but what about future profitability and what sort of competition? you have done so much to disrupt in a field of four. they are copying you. how would you say that your average revenue per user will remain stable and you will keep on adding more users? >> because we are the competition. you say they are following. we are dragging them kicking and screaming on behalf of the consumer. four years ago when t-mobile became a public company, we announced that we are going to fix a stupid, broken, arrogant industry on behalf of consumers. i would also point out that the n-carrier moves have changed

the industry and there is much more coming, so much more to do. we want the industry to grow and change. there is much more change to come. now, competitors know it and they are struggling to keep up with us. caroline: i love going back over your 2017 predictions. one of them was verizon will consider a merger with comcast. bang on.payin you say you show, will get one million people watching you. how is it going? >> my cooking show is the easiest of all. i'm getting about three quarter of a million viewers a week. i have as many people to stop me to speak about my cooking show as do wireless customers. by the way, i make one slight change. i did say it is possible that the two most hated companies in the world could get together and you could call it ver

i-cast. we will have to see. it is all in good fun. there is an underlying reality to each of these things. caroline: we will be keeping an eye on the predictions. t-mobile president john ledger, a joy to have you on. thank you very much indeed. now, a story we are watching out of asia. sony shares jumping the most in three months after the company's better than projected earnings. to toplysts expect half $4.5 billion, the highest level since 1998. coming up, retail suffering from the rise in e-commerce, but one company brings in high-tech features to improve the in-store experience. details just ahead. this is bloomberg. ♪

caroline: now, with connected clothin caroline: now, with connected

clothing rails and smart mirrors, a retailer believed they had created the store of the future. they hope to help retail brands to game more information from customers. bloomberg went to see a sneak peek of what is in store. ♪ >> on that line retailer this concept store features the latest in retail tech. >> how do you capture all of the fantastic information that you gather in store when customers touch and feel products. we created a concept called the connected rail. this is using a combination of rfid and ultrasound. signal recognizes the product, and the ultrasound recognize the move. take the product off and you start to see your product appear. essentially it is like online browsing. whichever products you touch in the store are automatically sent to your app.

what you create is essentially your in-store wishlist. in the middle, you will see essentially a hologram of the product. customers can take control of the expense on a touch device. what this allows customers to do is take elements of the product and then add their own style to them. right, so this is the connected mirror. i see my products, select the code, and can try it and it is slightly too big for me. you will also see we have some product recommendations here. the sales space is able to push items into the mirror. if you want, you can simply use the mirror, pay and go.

caroline: shopping now, a little too easy. that was the bloomberg technology team reporting from london. that does it for this edition of "bloomberg technology." this is bloomberg. ♪

♪ >> >> in oil prices. >>market across the asian position. dollar-yen weakening to 110. the turkish prime minister said he is tired of his country being treated as a child. he speaks exclusively to bloomberg. >> battalion interest is under