tv Bloomberg Technology Bloomberg May 12, 2017 11:00pm-12:01am EDT
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>> i am a alisa parenti from watchingn and you are "bloomberg technology." former fbi director james comey has declined to testify before the senate intelligence committee. that is according to senate aides. the committee had hoped to hear from comey following his abrupt firing this week by president donald trump. separately deputy attorney , general rod rosenstein will brief the full senate next week amid that controversial shakeup. senate minority leader chuck schumer's office confirmed rosenstein has accepted the bipartisan invitation. the ongoing lumber dispute between the u.s. and canada was a topic of conversation from the inelines of the g7 meeting
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february. minister justin trudeau said he might consider retaliating with tariffs of his own. china's president xi jinping will host 30 world leaders at the center of his country's soft power push. it is designed to solidify his image as an advocate for globalization. and he's prepared to back it up, spending hundreds of millions of dollars on infrastructure around the world. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. from washington, i'm alisa parenti, and this is bloomberg. ♪ emily: this is "bloomberg
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techlo." i am emily chang. all this week bloomberg , television and radio have been on the ground from boston showcasing diversity and power of the regional tech economy. we're joined now by caroline hyde at mass robotics live from boston. take it away. caroline: great to see you, as ever. yes, to wrap up our coverage in boston, we are focusing on the emerging robotics industry in this area. massachusetts is home to more than 120 robotics companies in the area. the industry is growing, and so are its resources. we are here at mass robotics. they opened this facility earlier in theyear. the nonprofit is dedicedo fostering young boston-based robotics startups and keeping the talent in town. >> this autonomous drone belongs to american robotics. one of a handful of startups based here in mass robotics.
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>> the name has a double meeting. mass because it is started in massachusetts, but also because of massive robotics. >> the nonprofit stte in 2014 and open its facility in february. there is a lab to help robotics startups get off the ground. or, as the cofounder explains a , start up escalator. >> a start up escalator is a new concept. incubators and escalators have been around for some time. this model has been ineffective, in the software business. but when it comes to hardware, there's no organization there to help hardware or robotic companies take advantage and move it into a finished product. >> work includes american robotics drones for commercial agriculture and 3-d printers. according to the director, that number will grow. >> right now, we have six woorenies, and we have
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growing in. will bey as we grow we le to house over 100 companies. caroline: founded by leaders in the robotics industry, startups benefit from mentorship and help with funding. >> we do not fund ourselves, but we work with a lot of local vc's and know which ones are investing in robotics. caroline: $2 billion in vc funding went to robotics companies last year. that is 20% more than 2015. much of it went to californian. $143 million to massachusetts. but the number of boston companies is growing, and that is attracting sponsors and partners from massachusetts and outside the state. >> a lot of players like ge and panasonic are looking for investment opportunities or acquisition opportunities, technology scouting, where
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robotics is going, where the innovators are going now. -- r and d.s rmb for mass robotics, the technology is reaching new heights. for more on this operation and a greater outlook for the robotics industry in boston and beyond we , are joined by the director of computer science and of course, mass robotics board member. you were here helping set this place up. tell us about what the real mission is, how much funding and thriving do you want? daniela: the mission of mass robotics is to convene student talent, entrepreneurs, the vc's and the robotics industry in massachusetts. this has been a long dream of ours. mass robotics started as a grassroots effort.
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i have known the founders for many years. finally, our dream has come to fruition. what we really want, our big dream is to have massachusetts not just a place that innote and invents new robots, but also a place where people use robots. caroline: let's go to the novation part of it first of all. you are there at m.i.t. pushing forward on where robotics are going to go. can you tell us what other cutting edge of developments you are working on atiela: in a nutshell, m.i.t. we are trying to create robots that are more capable and collaborative. we are trying to accelerate the design and fabrication of new robots. our common dream is a world where robots are as common as smartphones. robots surely democratize physical work just like smartphones have democratized information. -- computation. it is important to remember that a robot consists of a body and
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brain. iyou want a robot with a new capability, you have to be able to create a body that can deliver on that capability. then you need to control the body to deliver. ath this in mind, our work m.i.t. aims to advance the science of autonomy. we are looking at making more capable and more agile robot bodies. we are trying to get robots to be much beert figuring things out in the world and be more adaptive and intelligent in how they make decisions. we are trying to get robots to be much more collaborative with each other and with people, and we are trying to automate the creation of robots. caroline: when you talk about collaboration, how worried and how rightly or wrongly is the community that says that will put people out of jobs? you are going to move on, too fast, too quickly? daniela: i've been getting two
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types of reaction from people who hear i work in robotics. there's a group that is worried about when the robots will take over their jobs and jokes about skynet, and there's a group that says how much work can i offload to robots? it is important to understand the fears of the first group and provide real perspective. our perspective is that robot are tools. they are made by people for the people. and i really believe that in the future, through these tools we developed to support people we , will be able to create human robot teams that will relieve people of hard, physical work. caroline: what about the ethics involved? there is a brain and the body. what about the brain part and controlling artificial teigence and ensuring it does not move too quickly? you can think about this question in so many different ways. many people are worried about
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the ethics of autonomous driving for avoiding the trolley problem. the trolley problem says you have two groups of people and the robot has to kill one group or the other. which group it should they kill, the young people or e der people? but if we get the technology right, we do not have to make the choice. because we will be able to provide the robot with information that tells the robot with great accuracy where the people will be at all times, and that will allow the robot to make adjustments. -- adjustments to avoid both groups. caroline: if you get the science right, they should not be problems. but what about getting the funding right? you compare to the world, as well? daniela: there's no question california is a leader in funding in the space. but there's a lot of activity in massachusetts, as well. and it's very exciting to be
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part of this ecosystem. so massachusetts started being a huge hub for biotech. but in the recent past, it became a hub for robotics companies. as i said earlier, over 120 robotics companies including irobot and all those over 50 million families who have roomba robots in their home have gained time because they do not have to worry about vacuum cleaning. there is amazon robotics, and all the robots are helping with the logistics of the amazon business, are freeing people to focus on bigger activities. there are other companies like boston dynamics. around these robotics companies, we also have a lot of i.t.
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companies providing services that enable our lifestyle today. caroline: you will keep on pushing it forward with your work, i'm sure. i am here at mass robotics. wonderful getting your expertise and views of the future and robots. thank you, daniela rus, the director of m.i.t.'s computer science and artificial intellen lab. we are keeping watch on tech stories happening beyond boston, and music streaming service spotify has taken a step toward going public. hiring banks to help it list on the new york stock exchange. they hired morgan stanley and others to advise on the process. spotify's deciding on a direct listing or a more traditional public offering. coming up, we continue our special coverage of boston's tech scene and speak with tripadvisor's ceo -- special -- this is bloomberg. ♪
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caroline: welcome back to this special edition of "bloomberg technology," live from mass robotics headquarters here in boston's seaport district. not far from us is the base of another tech company, trip vir. they are the world's largest travel site for 300 million monthly visitors. times are changing for the platform. the company announced it will be revamping its website and changing strategics. triptried to push into
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landing and hotel search. joining us is the ceo and founder stephen kaufer. let's focus on massachusetts, the talent pool. how much do you find ecosystem helps build your business and bring in the right sort of people? >> i think it is great being in a massachusetts-based company, especially in the greater boston area because we are able to pull from an astounding set of universities. we have the pull of a major metropolitan city to pull in folks from a or the country -- frankly, all over the world -- and living in bostoisust a great place to be, so it has a whole lot going for it. caroline: let's talk about where your business is going. you have new products to unveil. how much is that evolved by technology, by machine learning? stephen: we are about to
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announce -- or we have announced and are about to release a new website and app aimed much more at the trip planning and booking, price comparison, saving money, as well as the full trip experience. trip advisor has always been known for an amazing number of reviews and those insights that help you have a great trip. now we are turning and saying that's wonderful -- not leaving that behind, but how can we save you that much more money on each and every trip that you take? we he nounced and are releasing the finishing touches on a price comparison engine the searches hundreds of websites to find the absolute best prices that are out there on any hotel, in addition to attractions, rentals, and other stuff we cover. you add that plus the planning and all the destination content that we have, and it is really the best out there, if i might say so, for offering that great trip.
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cali: how will that change and develop your revenue stream? alter?is toolw the online booking cannibalized to a certain extent. stephen: we are focused on helping the user. we have 300 million uniques every month. how do we help them find that -- through that journey? from the beginning planning point of finding the lowest price? onther you are booking tripadvisor or we say the best price is here, click here and we take you there, we are relatively agnostic about it. wei show you the lowest price. on the app if you stored your credit card with us, we will apply that to any site out there that is working with us, which include all the major hotel
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chains and travel agencies to secure you the lowest price. there is convenience on the app. no matter which device you're using, it will always be the best price. caroline: if i want to search an area, perhaps going to a holiday in italy, which i am, i want to look at airbnb, home and away, what other companies have to offer, will i be able to see that by you? stephen: you can look at 800,000 rentals on tripadvisor. caroli: e you talking to airbnb? would you look at other partnerships for online booking? stephen: when you look at what we call alternative accommodations, the house you want to rent in italy, it is a beautiful place, we probably already have it on tripadvisor. it is not in our hotel category, but we have bed-and-breakfast resorts, vacation rentals. ,we have apartments in cities we
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, have that wide range. i cannot claim that we have everything available, but we have a really darn good selection at whatever price point you're looking at. caroline: talk about the investor price point. will we see margins start to accelerate? stephen: when you look at the space we are in, it is a trillion dollar plus travel category. we are the undisputed leader in terms of traffic. we have more people looking for hotels on our platform than anywhere else. our challenge, our opportunity, is to take the traffic we have an pull it into that hotel shopping experience. that is what the redesign app does. we are so proud of what we are doing we are about to go on tv with a reallyar campaign -- caroline: does the margin go up? wexpect to do that with little tnompact on our margin going forward.
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we are shifting, and we are building the brand of trip -- tripadvisor. caroline: what about global? it is interesting looking at your recent numbers. the u.s. is picking up, europe is going down a bit. how do you see the global growth story for you? stephen: they are all actually growing. the u.s. is actually growing faster than other markets, that is true. the u.s. has been the pacesetter over the years. all the markets are growing. it's just a question of how fast and which ones lead. caroline: one area you are looking at when it comes to competitors, who is your number one competitor in your mind? stephen: the number one competitor would be google because everyone starts everything they do with google. they are an incredibly powerful search engine that you start with.
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as folks have learned to shop for goods and services on a site like amazon -- amazon now has my personal loyalty too -- that' where i go to shop when i want to buy something. it is a search engine for those types of things. tripadvisor has all the opportunity to become your search engine for everything travel. planning, hotels, restaurants, attractions, rentals, flights -- we do all that stuff. caroline: we wish you well with it. thank you so much for giving us your time and joining us here at mass robotics. that was stephen kaufer. stephen: thank you so much. caroline: coming up, many u.s. manufacturers are investing in robotics instead of human labor to increase productivity. a boston robotics company is working to find a balance with robots working alongside warehouse workers. from boston, this is bloomberg. ♪
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caroline: welcome back to this special edition of "bloomberg technology." we're live from mass robotics, a co-working space and innovation hub for boston's robotics community. the nonprofit has 15 sponsors including panasonic. we caught up with re-think robotics' founder and asked him about the robot, which was one of the first designs to work safely alongside warehouse workers. >> our robots have a lot of sensors on them. th have a vision and they can operate on grounds where people are. caroline:thfounder of re-think robotics is changing
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the way we think about robots in the workplace. >> we learned from baxter and made it smaller. they can learn tasks within an sawyer is a hour. collaborative robot designed to work safely alongside humans. >> we've run out of low-cost labor in the world to do our manufacturing, so it has to be through tools that help workers be more productive. caroline: at $29,000 a unit, sawyer helps package products or check quality control. the idea started more than a decade ago. >> i was in china a lot, getting manufacturing working for the roomba. caroline: that's the robotic vacuum made by irobot, a company he cofounded. i was sad to see that labor was getting shorter and shorter. inheld days, there is an infinite supply of labor. caroline: they're using their investment to expand globally. >> europe has become a major
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market for us very quickly as , has china. i think there is an incredible potential to grow the market. caroline: according to barclays, it could grow from just over $100 million in 2015 to $3 billion by 2020. >> i am out to make manufacturing more real everywhere. i think manufacturing has been undervalued, especially in silicon valley. it is been about the next app, the next social interaction. we have neglected technology for manufacturing in the last 30 years. that was re-think's robotics founder rodney brooks. coming up, we tackle the intersection of tech and sports. that is next. if you like bloomberg news, check us out on the radio. you can listen on the bloomberg radio app, bloomberg.com, and in the u.s. on sirius-xm. this is bloomberg. >> i am alisa parenti in
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washington. you are watching bloomberg technology. let's check your first word news. a huge cyber attack hit dozens holdingns today, computer data for ransom that hospitals, data firms and other companies. the attack, appeared to exploi a vulnerability identified for use by u.s. national security agencies. the attack hit written's health service, forcing hospitals to close wards and emergency rooms. related attacks were reported in spain, portugal, and russia. two cyber security firms said they have identified the malware behind the attack in over 70 countries. although both said the attacks hit russia the hardest. the white house is keeping mum
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about whether president trump recorded his conversation with foerbi director james comey. in fact, in a tweet, mr. trump suggested such tapes could exist. white house spokesperson sean spicer was asked about it today in his daily briefing. >> did president trump record his conversations with former fbi director james comey? >> i have talked to the president, he has nothing further to add to that. >> democratic congressman adam schiff is demanding the white house turn over any recordings to congress if they do exist. there has been a breakthrough in trade talks between the u.s. and china. an agreement will allow more exports of natural gas. plus, american beef exporters will have greater access to chinese markets. speaking to bloomberg, wilbur ross says this is a step toward building a better relationsh. >> we have a lot more issues to deal with with the people's republic of china.
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i believe that the fact that we got these long-standing aggravations out of the way so quickly augurs well for the relationship pattern going forward. >> it is the first negotiated trade deal for president trump, who has promised to get tough on china. attorney general jeff sessions is demanding federal prosecutors pursue the most serious charges against a vast majority of suspects. that is the reversal of obama era policies that will result in more people going to prison and fomuch longer terms. the attorney general called it moral and adjust. >> we are seeing an increase in violent crime in cities in particular, baltimore, chicago, memphis, milwaukee, st. louis, and many others. the murder rate has surged 10% nationwide. the largest increase in murders since 1968. and we know that drugs and crime go hand-in-hand. >> global news 24 hours a day,
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powered by more than 2600 journalists and analysts in more than 120 countries. i am alisa parenti and this is bloomberg. ♪ caroline: this is bloomberg technology, i am caroline hyde. we continue our conversation live at the robotics headquarters in boston's seaport district. besides being a tech hub, it is a major city for sports. it has three major teams bearing its name. one company that has combined the love of sports with tech savviness is draftkings, the sports king entertainment platform is one of the signature ston tech startups. recently celebrating its fifth anniversary, they signed up more than 7 million customers, almost 8 million. and they have raised about from $800 million investors.
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we have jason robins. primarily,you have been wooed to the west coast several times but have stayed here. why? jason as you said, it is a great : town, and a burgeoning town for technology entrepreneurship. it is amazing to watch over the last few years how many more companies are starting here and staying here. caroline: what about the talent pool? there is m.i.t. and harvard. are there worries about immigration? jason: i think there is an incredible talent pool here. anything that keeps that thriving and doing well is great for us. anything less so would not be. but i am not worried about that in boston. as you mentioned, there m.i.t. and harvard. there is an incredible population of international people, students and the like. it is a big reason boston has become a new technology hub and will be viewed as that on the
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east coast in the ne fure. caroline: you have kept the money rolling in. the l.a. dodgers part owner has helped fund the latest round. where does that money go to draftkings? jason: a lot will be spent improving and expanding our product both domestically and internationally. we will increase our marketing. we laid low last year. we will not go up anywhere like we were at in 2015. but there is room to grow the marketing budget. those will be the primary areas. on the product side, we are focused on improving the game offerings socially and also for the more casual user by making making the games easier to play. and making it easier to find and play with your friends. caroline: let's talk teational expansion. you were in germany, now it is going live. how is that going, and where else in the e.u. will you be
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able to go? jason: germany has been allied with malta. the u.k. has been live for a little over a year. it is early to say, but we like what we see so far with germany and malta. the u.k.'s doing tremendously well. we are pleased with the results. it is growing faster than the u.s. at this point in time. we have invested very little there. we are working on improving the product. we are in a position to very soon accelerate investment and i expected to grow. one nice thing about the maltese license, it allows expansion to other countries in the e.u. australia is another onee would like to expand into. we are just starting to look at asia and latin america. ,aroline: all of this continues expansion while the ongoing discussions continue for the
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combining of forces. you could be frenemies, not haters anymore. how is the process going? jason: it is great, we have regular integration strategy meetings. and we have gotten the team introduced to each other. i have been incredibly surprised in a positive way how the other teams gelled. sometimes you worry and look at how the two teams will come together, the different cultures. we are much more similar than different. which makes sense, we're both technology products working in the sports base, very different products. not surprising, similar cultures. overall, i have been happy with how we have been going. we will put incredible consumer value out there in the coming years. caroline: any updates as to what the executive team will look like or what the name be? jason: we will have announcements soon, we're still working on that.
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don't worry, we will make sure we come to you. caroline: and as you continue to evolve your product, you are working together, the technology, is it machine learning, targeting, you want it simpler and easier to use. what is the underlying technology driving that? jason: it depends on what you are doing. for the social part, we want to create a social graph similar to what you see in traditional social media. we can leverage partners like facebook and twitter to do that. it allows us to much more quickly build that. we want to see who is interested in playing with each other, what pef sports they enjoy, who wants to play basketball with this person, hockey and baseball with the other. just to make that experience eaer understand what they want to do and anticipate that and make it so they can do it more easily. there is also a gameplay component, making it so that features themselves are more conducive to playing with friends and casual users.
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for example, the ability to better communicate with each other. the ability to track how each other is doing caroline: to whet the competitive appetite. there has been a concern about college sports, a concern about ages. how do you make sure you are fit for purpose? jason: they have their own minimum ages, most of them are adults. they have the ability to tell who we are targeting to work -- or speaking to. whether it is people who may not be of the right age or geography that we service we can easily , target. one of the nice things about working with the digital companies is the ability there. when you take facebook or twitter and look at all the data
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they have on their users it is , an easy problem to address. caroline: does that work for yo jason: i love them all. caroline: does one work better? jason: facebook is great, there is such reach with facebook. twitter is also phenomenal. i use twitter the most, it is a great communication tool for the company, beyond acquiring and engaging customers. we have focused more on instagram. figure out a to way to use snapchat more. caroline: great to have you. jason robins is sticking very much in massachusetts. a story we are watching for you. a dramatic turn in a legal battle involving driverless cars. a judginan francisco asked federal prosecutors to investigate waymo's lawsuit against uber. u.s. district judge is not saying yet whether a criminal case is warranted. a possible criminal inquiry has
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hung over the case for weeks now, ever since the lawyer for vandowski, the engineer, could be at the center of the dispute could be at the center of a criminal investigation. waymo, owned by alphabet, claimed he took trade secrets wi h when he left to do uber's self driving proct bloomberg news has learned sprint has pulmonary talks to merge with t-mobile. sprint executives met with softbank and had contact with deutsche telekom. softbank and deutsche telekom told investors they are open to discussion about consolidation. sprint was interested in acquiring t-mobile in 2014, but the deal fell apart. coming up, our exclusive conversation with dell emc president david golden on where he is finding the best tech talent. this is bloomberg. ♪ >> this is bloomberg.
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caroline: got to get me one of them. welcome to this special edition of "bloomberg technology," in mass robotics headquarters in boston's seaport district. they programmed the robot to say welcome to bloomberg. now, one of the most established tech players in the massachusetts area is dell emc. nton. located in hopki earlier i traveled to the companies headquarters to speak
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to president david goulden. i started by asking him about the conference. it was the first large event since the companies merged last november. take a listen. party it was a coming out for the new company. when you think about last september, a little less than a year. people were maybe concerned the merger would be a distraction. it may slow down the pace of innovation. we are able to show the pace of innovation increased. we had an incredib perful set of announcements and the portfolio was addressed. -- refreshed. we have a new line of 14g servers based on the latest servers. that was the biggest announcement. on the back of that, new versions of our systems, based upon the 14g service.
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our entire portfolio is all based upon flash these days, new versions of our systems. the entire portfolio was refreshed. caroline: what about as we move into the jointenre area you e lking about? can you unfold for us how you are working alongside to offer more things to more people? in particular, you have offered something aimed at female entrepreneurs. does that set you apart? david: at dell emc one thing we have always done is, have women in technology bias. we have created a conference within a conference around that. we are extending that to people running companies in the tech
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spaces, as opposed to just customers. he a ventures arm inside dell emc, something called dell tenogies capital. it is something we talked more publicly at dell emc world. we spend $100 million a year in early-stage investments in companies that will be the next generation of i.t. leaders. we are looking at companies investing in things like internet of things, machine learning, artificial intelligence, deep learning, etc. that comes back to the women in tech conference. many of those companies do have women founders. we can bring that community back together through dell technology ventures as well. caroline: why have a venture arm? is about learning how to be applicable in that world, getting skin in the game? david: it is about being where the puck is heading before it gets there.
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not all of these companies will succeed. but we want to know what is working before it becomes mainstream. many of the companies on the emc side were acquired through the years through our venture arm where there was an investment made in the rlstages. we saw it develop into promising businesses and portfolio. it is another form of r&d. working with companies in that space -- it is staying in front of the industry, understanding where the trends are before they become mainstream, learning them, and helping the company as they go forward. caroline: your event was in las vegas. we are here at hopkinton on the east coast. the investments you make, the
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founders, are they u.s.-based, international? what is the space in terms of technology talent? david: in terms of hopkinton, boston, it has been a great place to build a company. the dell emc part of dell technologies is based here. we have roughly a $30 billion revenue business based here out of boston. we have 9000 employees in the greater bost aa. it continues to be a great source of innovation, the university connections, we have a research center in cambridge where i will be spending time today. that is great in terms of how we build and scale a technology company. in terms of investments we make in dell technologies, they still tend to be u.s.-based, generally. i would say 80% are u.s.-based. we do see interesting activity in companies like israel where we have made investments.
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t basically u.s.-based with a mix of east coast and west coast. it is not all silicon valley. there is innovation here and up and down the east coast, as well. caroline: will it all stay in the united states? within thcuent administration, concerns about talent coming from abroad, does that change the playing field at all? david: no, it is important that our markets are very global. as a company we operate in 180 different countries around the globe. the free movement of material labor skills is important. because we want to be able to attract and work with the best and brightest, wherever they are on the globe. and he want to sell to our customers around the globe, as well. keeping borders open and having things flow freely, it is
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important to the economy and to our business. caroline: that was my conversation with dell emc president david goulden. now, airbnb is taking an unusual approach as they turn their approach to latin america. ey are striking a friendlier tone with local governments, despite offering to remit taxes in mexico city. they hope to strike deals elsewhere in the region. latin america is airbnb's fastest-growing market, surpassing japan. they have a quarter of a million properties in the region. it encompasses mexico, south america, parts of the caribbean, including cuba. we are broadcasting on the radio in boston. 1200 a.m. bloomberg is the official broadcast media partner and cosponsor of the boston pops fireworks spectacular on july 4. this is blmbg. ♪ caroline: welcome back to this
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special edition of "bloomberg technology" from boston. all this week we take an in-depth look of the burgeoning economy of the other city on the hill. biotech startups, and the mayor of boston and the governor of massachusetts. silicon valley has some serious competition. >> massachusetts went thug a difficult time in the 1980's with high taxes and political decisions that set us back a bit. what is happening, you have a political climate where everyone is looking to move our economy forward. but also be innovative. >> it is one thing republicans and democrats agree on in
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washington, an investment in research, discovery, and inquiry, that translates into the solution for products, cures therapy. , we will continue to work with our colleagues and delegations. a lot of people in d.c. get why these investments pay off. has funding like boston. all the top funded hospitals are in boston. t uld be a good thing. when the funding dries up, if it dries up, it means these people who are entrepreneurs and do want to start companies will think about private funding. we are there to fill the gap. >> the talent pool is the richest here in the boston, massachusetts area because of the universities, research, hospital complex. we have the lead. >> there is no other place on earth where you have 500,000 of the smartest kids in the world going to school and graduating. boston is unique in that regard.
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caroline: what a week. as a wrap up our final day in boston i want to get back to emily chang in san francisco. what amazing insights. we have breaking news that may come in the field of robotics, maybe from this very building. emily: it is fascinating to wah all the stories you brought us this week. thank you so much for your in-depth reporting. it has been a refreshing look at these innovations happening in boston and beyond silicon valley. i know you're on your way back to london, safe travels. we will see you from across the pond. we alsoavan exciting week. on monday we will have an exclusive interview. later in the week we will cover google, the developments coming out of the search giant with several google executives. that is all today from san francisco and boston. this is bloomberg. ♪
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>> welcome to bloomberg businessweek. in this week's issue, we will talk about cyprus, a hotbed russian laundering. not just money but people, as well. 2017 is shaping up to be the biggest year yet for the u.s. harrowing -- heroin industry. all of that head on bloomberg's this week. -- businessweek. ♪ we here with editor-in-chief meghan markle. i want to do something
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