alisa: i am alisa parenti from washington. let's start with a check of your first word news. president trump will meet with the former tsa boss as the search continues for a new fbi director. the ap says they are meeting with a former doj assistant attorney general. arizona republican senator, john mccain, says trump has unsettled allies. he spoke today in sydney. mccain says australia is not alone in questioning whether america remains committed to upholding peace and justice around the world. the supreme court will consider giving states more freedom to purge voter rolls of people who

have not cast ballots in a while. an appeal in the state of ohio, they will consider reinstating that move used by the state. the lone survivor from last week's portland light rail triple stabbing has been discharged from the hospital. he suffered a neck wound after coming to the defense of two young women. jeremy joseph christian attacked the women, and the men intervened. two of them were killed. former florida governor jeb bush is no longer interested in buying the miami marlins and has ended his pursuit of the team. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. from bloomberg, i am alisa parenti. this is bloomberg. ♪

emily: i am emily chang. this is "bloomberg technology." coming up, uber fires an -- a star engineer who was once at the wheel of itself driving program and at the center of its dispute with waymo. go they asked levandowski to and the road ahead for , uber driverless cars. and getting crushed by walmart in sales. why investors continue to double down on the growth trajectory of the e-commerce giant. how the chevy volt stacks up against the competition, and what mechanics found after stripping down a -- down gm's electric car. first, to our lead. big news out of uber. the have fired levandowski, former head of the self driving car unit. he was in an ongoing battle between uber and alphabet's self driving unit, waymo.

waymo sued uber later this year, tradeng levandowski sold secrets and patents for self driving technology to use at uber. fifthowski invoked his amendment right to not testify, which made more difficult for uber to defend itself. our bloomberg tech senior executive brad stone is here in the studio. what is the explanation why now? , brad: well, this is really about 14,000 files, files that were allegedly surreptitiously downloaded by anthony from waymo and the judge said levandowski had to turn over those files. or refusedto comply, -- or declined. perhaps because something about them was so it is incriminating. interesting. it turns what is really a two-party case into really a three-party case. we have waymo and uber.

and anthony levandowski on his own. emily: how does this impact the case? does it hurt uber's case or waymo's case? >> it is hard to say. the judge could come out and say, ok cooper, you fired levandowski. they said previously waymo's case was strong, but there was no smoking gun. it seems like uber's lawyers know what they are doing. it might be a good outcome for them. chanceis there any levandowski could be personally prosecuted here? hase has a prior case waymo against him. he has hired his own a lawyer. it is a likelihood, as well. emily: now, he says he has been

forced to choose between his job and his constitutional right. does he have an argument there? >> i am not a legal expert, but, you know, perhaps. emily: so uber's driverless cars -- car future, what does it mean? do they really need him? >> he has become so identified with uber and their driverless car efforts, but there is a deep bench of talent there. you have the person who has replaced him of the driverless car division from carnegie mellon. they have hired other folks. one from the university of toronto. they started and a.i. lab in toronto for uber. the optics of this look so bad that it will be increasingly difficult for uber to hire folks. and talent is the name of this game right now. emily: so, mark, there is a trial on track for october. what is next?

mark: they are not on the road tomorrow, experts say they are years if not decades away. there is a chance uber might turn into more of a partnership model. he might try to reach out to more carmakers, and, of course, lyft is in talks with waymo for a partnership there. for this case, we will see a lot of movement. uber has a massive investigation into their harassment issues. maybe it is a way for them to put it on the back burner and deal with other cultural issues. brad: let me add one thing. there is always the possibility that these companies settle. google is an investor for uber, there are reasons for them to work together. it does appear that from a distance this case has been about the founders, with a personal vendetta against one of their employees, anthony levandowski, so now that he has gotten separation from uber, perhaps it is beginning of uber and google

being allies rather than adversaries. emily: there was sad news over the weekend, his mother was killed in a horrific boating accident, and his father injured. so our hearts go out to him at this time. i do want to ask though, brad. the sexual harassment investigation, the results that are coming this week or next week. are we expecting any delays? brad: as far as i know, no. eric holder, the attorney general, was set to deliver his report to the cooper board of directors. it was not expected that a report or a redacted version of it would become public until next week. it is a terrible time for the family and uber itself. i do not know how much it will slow down the investigation. emily: do we know which way the investigation is leaning? brad: no, we know very little. we know that he talked to hundreds of employees and that

he delayed the report because of the response that he had gotten. i expect it is going to be tough for uber. emily: how have all of these issues piling up impacted the uber brand? in the tech community in san francisco, perhaps a very much so. but when you step outside the bubble, uber is an increasing part of other people's lives. it is a weird paradox. yes, the brand is been hurt. hiring has probably gotten more challenging. inside uber has got to be a difficult time. but this is a service and a company that people love and have made a bigger part of their lives. emily: all right, we will be watching more for the results of the sexual harassment situation next week. brad stone, thank you so much. and mark bergen, covering alphabet, thank you. we are watching a 29-year-old russian man facing charges of hacking american companies, including linkedin and dropbox,

is being extradited to either u.s. or russia. this is according to a czech court filing. he was arrested in prague in and 2016 has denied any wrongdoing. he said authorities urged him to falsely testified that he was part of the russian hack on the democratic national committee in exchange for money and a life in the united states. coming up, the race between amazon and alphabet to $1000 per share. amazon jumped to the bar. we will take a look that. bloomberg tech is live streaming on twitter. check us out weekdays 5:00 p.m. , in new york, 2:00 p.m. in san francisco. this is bloomberg. ♪

emily: out of europe, and investment -- an activist investment firm bought a 5.6% stake in ericsson, valued over $1 billion according to regulatory filings. the move will likely push the wireless network firm to accelerate cost-cutting in its underperforming businesses. they have plans to appoint one of its managing partners to the board. meantime in the u.s., stocks returned from the holiday weekend, breaking a seven-day winning streak for the s&p 500 and nasdaq. abigail doolittle joins us now in new york with more. so, abigail, what stocks stood out today? abigail: overall it was a quiet day for stocks, ever down -- down ever so slightly. but the nasdaq 100 actually finished fractionally higher, up more than the 0.1% putting it on , its eighth wedding day in a row, the longest winning streak since

and very exciting, -- february. a record high. as for those movers that did stand out in the session, micron was one such stock. with morgan stanley raising numbers area once again, he thinks the pricing their looks really strong, adding a bit of a tailwind to nvidia. but then we had another stock going lower, and we had some of the chinese internet stocks trading lower, helping to explain why the nasdaq itself finished down ever so slightly. another brighte spot. that is tesla. tesla has yet another record high. we have a great chart of this stock all of the way from the ipo back in and look at 2010. that. the stock is up more than 1800%. it is not clear what drove the stock higher, maybe just technical momentum. but those gains over the last years really speak to investors cheering elon musk's vision and passion for

the electric vehicle market. emily: all right, amazon testing -- passing the $1000 milestone. tell us what happened. abigail: a very exciting day, a lot of people talking about the race between amazon and alphabet. it happened for amazon this morning, just slightly above $1000, and here we have another great chart from amazon's ipo. all the way back in look at 1997. that. up 51,000%. most of the gains have come in the more recent years. this really reflects the company move into the cloud with amazon web services plus their , dominance in e-commerce. speaking of that, let's take a look at a chart in the bloomberg. it is a long-term chart. in white we have the market cap of walmart, so, traditional bricks and mortars. and in the last two years, amazon has shot higher.

reflecting not just the fact of the company has been performing well the past few years, but but investors' hope for the future that e-commerce will continue to be the rage seems to be crushing to some degree the retail sector. but very interesting, emily. amazon might have this massive market cap around $480 billion, but this is another chart. we see that amazon is dwarfed by apple. apple market cap in the world of $800 billion. atzon, the fourth largest $480 billion. we have alphabet and microsoft. then facebook and berkshire hathaway. those of the world's largest market cap companies there. emily: thank you, abigail doolittle, for that report. sticking with amazon's share

price bill and we're joined by a guest to that covers the company in seattle. what is your take in this? >> it is a big milestone, an arbitrary one but one that people still get excited about, the main thing is that they are up 41% so far this year. about triple the pace of the s&p 500. it is definitely a standout stock. it is a push into new, very big categories like apparel and grocery, that investors are hopeful they will be able to be as successful there as they have been in books and electronics. and then the other business line that is exciting investors is the cloud. this is another thing where they -- amazon has a dominant position and a lot of tailwind behind it. and those two things have investors excited. emily: i wonder, is it any one piece of the whole that is driving this more than any other -- whether it is cloud for prime or investment in brick and mortar or the fact that amazon has all of these

best placed on so many different lines of business? welley are very diversified. they will try things. it shows promise, they can put a lot of horsepower behind it. or if it is the category they think is worth sticking to they can stick with , it for a long time. and also, these new categories, things like grocery and the cloud -- grocery has very low online penetration right now, but it is an $800 billion category. so even picking up a small slice of that is still big revenue gains for them. and the cloud is the same thing. they are in a dominant position, and there is more of a shift. public cloud spending is expected to grow 16% to close in on so they are just in a $30 billion. lot of right places. emily: why are investors so positive about amazon but so pessimistic about walmart?

>> well, amazon is executing and it is in the right spot. walmart is established, it has thousands of stores. that market is not growing. of the momentum is shifting online. overall retail sales only a few , percent this year, versus 15% for online. amazon is in the right place and is executing well. and it is moving into grocery, which is walmart's sweet spot. that is where walmart gets about half of its revenue. so investors are just watching for amazon to continue to take more and more of consumer spending as a goes into these categories. including the mother of them all, groceries. emily: what about amazon's experiment in brick and mortar in general. the bookstore, how big of a business do think that is going to be? >> it is still very measured, but they must be seeing something they like.

they are getting in more cities, i think eight now, and then beyond the bookstores, they have drive in kiosks for grocery pick up in seattle. they just opened two of them, so they are experimenting with work -- brick-and-mortar. they realize they have to meet customers halfway and give customers a place to go to get certain things. again, the paces been fairly measured. that is going to be where there is a big standoff between walmart and amazon, is on the grocery front, and the brick and mortar grocery measured. front with these drive-in kiosks, where you can easily pull in and have groceries you have ordered online put in the trunk of your car, versus doorstep delivery. and that is where walmart has a big head start over amazon. if amazon has an achilles' heel, what is it? >> it might be what we just talked about, the lack of brick-and-mortar.

the bookstores you mentioned would be a place for people to test all of their gadgets. they have their kindle readers, amazon echo and alexa voice-activated platform. people are comfortable if they can see it, touch it, try it. if they get back of the store bottom shelf treatment in competitors like best buy and staples and things, they really neither own place to showcase their own products. and that has been their achilles' heel, but they have to address that. because a big part of their advantage has been providing people with what they want. they are trying to find the right balance. emily: we are looking at shots of the amazon echo. spencer, who covers amazon in seattle, thank you. a story we are watching. intel escalated a battle in the market for high-end computer processors. the company just unveiled a new powerful item,

intel will be selling chips under a new core brand. it is aimed at gamers. amd says its latest product is outperformed intel chips, and if you like bloomberg news, check us out on the radio. you can listen on bloomberg.com and on sirius xm. this is bloomberg. ♪

emily: a story we are watching, nos directorsera did not follow up on the validity of the technology at the center of the blood testing start up. a former u.s. navy admiral and former secretary of state said in depositions that they do not question the company's founder about the matter. he left the board after wall street journal investigation highlighted employee concerns about the company's operation. a laptop ban remains in limbo. and the u.s. department of homeland security say in a report that the government is shelving the ban is absolutely wrong. politico reported that the trump administration has

reportedly opted not to extend its ban on laptops in cabins to include incoming flights from europe. the u.s. currently banned laptops from eight majority muslim nations. speaking on fox news homeland sunday, security secretary john kelly says they may ban them on all international flights in and out of the u.s., admitted -- amid terrorist threats to bring down airlines, but a final decision has not been made. shares are up for tivo, following a favorable patent ruling that could impact cable boxes. but trade commission judge found comcast violated two tivo patents, and -- related to interactive programming and recording. both companies are expected to ask for a review of the judge's findings. the investigation should be complete by september. coming up, bitcoin has been on a tear surging , more than 100% in the last two months.

we will discuss what is behind the move in the crypto currency. a feature to bring to your attention, our new interactive , tv function. find it at tv on the bloomberg. this is for bloomberg subscribers only. check it out at tv . this is bloomberg. ♪

>> it is a: 20 9 a.m. in hong kong. i am rosalind chin with the latest first word news. the latest meeting in china shows manufacturing holding up and beating estimates. 51.2.me in at showing the economy is maintaining momentum from the first quarter. stocks were higher than the last month. analysts are raising the forecast for gdp this year. the japanese economy is showing signs of life. that is slightly below expectations, but a big improvement on the previous month.

industrial production missed expectations by a wide margin in april. a on month, manufacturing fell 2.2 percent against forecasts of a small rise. is working tot have a full earnings report by the june deadline. misfortune and mismanagement, toshiba has warned of the ability to continue as a growing concern. ,hreatened with a delisting there was a net loss through march. the results came out without twc's approval. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. this is bloomberg. i am sophie kamaruddin with a check on the market -- markets. kospi leading gainers. and hangh the topix seng. focus,rket very much in

given the premier is set to meet trump this week in d.c. three-dayy from the weekend, swinging into the red after it was spurred by the pmi data out of china today. we have on short yuan headed for the highest close since november. offshore rates reversing at the pboc's stronger fixing. in the commodities space, iron or leading the drop in base metal. continuing to climb. u.s. treasuring heading back some of tuesday's gains. checking in on the currency matrix, on your terminal, the yen at 111.10. the pound dropping for the first time in a week. amid tightening higher rates ongher

that space. this has sparked a rise in chinese bond yields. it has added 17 basis points. it chinese bonds are headed for a second monthly drop amid deleveraging campaign. this, sparking debate around chinese momentum. ♪ this is "bloomberg technology." i'm emily chang. bitcoin has risen more than 100% in the last two months, but critics say the digital currency is showing signs of a bubble. in the last week, bitcoin hit an all-time high, only to slumped back down. it is this kind of volatility that makes bears worried. not to mention fraud, lack of government recognition, and competition from other digital currencies. joining us to break it all down is olaf carlson. poly chain is a hedge fund back to buy andreessen horowitz. also, our editor at-large, cory johnson. is there a bitcoin bubble?

>> we have seen really fast growth in bitcoin recently. this is an uptick coming from an industry that hasn't been moving as aggressively in the public radar. now that a lot of growth in prices is more closely tracking fundamentals, i think we are seeing a big uptick for that reason. emily: some people say bitcoin is like gold, a finite resource, and therefore not as interesting. what's your take? cory: i think gold is fascinating, personally. it is true that the way bitcoin is constructed is meant to be finite. it is harder and harder to mint coins as there are more and more out there. the scarcity value is an important part of the bitcoin plan. it has been from the beginning. for people in the bitcoin community, they see all this investment and excitement. they cannot believe there parents don't understand what they are doing. so when they see the price surge they can see as a validation as , what they've been working on.

there's an element of a gold like fervent belief and rapid speculation. when you show the five-day chart, you saw the really dramatic, one hour 20% selloff in bitcoin, you can see it is so speculative. while the long-term value of bitcoin may be in the eye of the beholder, the volatility is in the eye of the speculator. emily: i've been talking to investors who say bitcoin is old news. the new hot crypto currency is something called -- i asked for the prediction of the year. he has this to say about crypto currency in general. >> i think that it will bypass the market cap of bitcoin by the end of the year.

emily: of all the predictions he could have made, that is what he chose. first of all, explain how etherium and bitcoin are different. >> bitcoin has a programming language you can interact with the protocol. it is limited. in etherium, the language is much more expressive. developers of building applications, it is much easier to work with. what we have seen with ethereum is a much richer, ecosystem. it has driven the price growth. it is been much more aggressive than bitcoin. emily: let you agree with what fred had to say? >> i agree. emily: you think the market cap will a place -- replace, surpass? >> i don't know about that aggressive timeline, but i think in the long term. emily: how long? >> i would extend it one year. maybe by the end of emily: 2018. interesting. cory, what are your thoughts?

cory: it's interesting in the way it uses a distributed network to embed security and ownership of ethereum. than much more like pcip the client-server model. i think it's fascinating from that regard and could have different use cases. still using the general concept of block chain. the other problem is it is harder to use bitcoin. one of the big issues in the bitcoin world is how hard it is to close the transaction. the speed of closing a transaction in bitcoin is getting exponentially worse. it is been happening, coinciding with the big rise in price. it is hard to do a deal with bitcoin right now. we are showing a chart how long it takes to get a confirmation of a bitcoin transaction. it is getting slower and slower. it may be a problem embedded into the actual coin itself so that bitcoin cannot get out of its own way. there's been a lot of discussion

of this in the bitcoin community. the fixes have not worked. the proposed fixes are challenging the nature of a coin -- bitcoin. unless there's a solution, there will be a real problem, because the transactions cannot get done. emily: what about the safety issue? we just covered this big ransomware, wannacry, they were asking for ransom paid in bitcoin because of the anonymity. will that change? >> i think these technologies offer a new suite of use cases that were not possible before hand. that includes good actors and bad, just like the internet itself. emily: other any other crypto currencies to watch? >> many others. i very much like ethereum tokens built on top.

like maker,ings auger, gollem. i am a fan of these more novel types of signatures. things like z cash. like maker, emily: when do you think these are going to go mainstream? when will the average novice consumer be paying for things in bitcoin or ethereum tokens? >> we are still in the interest -- infrastructure building phase. i do think within one to two years we will see the first of the applications that are user facing. emily: interesting. polychain capital founder and ceo, thank you. emily: cory johnson, our editor at large, thank you. british airways says the i.t. systems are back up and running after a computer meltdown over the u.k. bank holiday weekend snarled flights all over europe. nearly 600 flights were canceled affecting 75,000 passengers.

the chaos will cost of airline 100 million euros area they struggled to explain how a local computer average could strand thousands of passengers. they will hold an investigation to get to the bottom of what happened. coming up, the electric carmaker has been growing in fits and starts for years, but could the chevy volt be the tipping for point the industry? one analyst ripped up the car to find out. we'll hear from him next. this is bloomberg. ♪ emily: vietnam may have its

first technology company go public in the united states.

vng, investors including goldman sachs signed a memorandum of understanding to list on the nasdaq. the ceo declined to disclose the timing or size of the ipo. they have shipped to more than 230 companies. forecast $180 million. 70% fromof as much as last year. ahead of the anticipated release of the tesla model the auto team 3, at ubs got a hold of the newest competitor, the chevy bolt. not only did they buy the car, but they took it apart to give a compressive breakdown of the features and cost of the vehicle. colin joins us from new york. you got a team of engineers to break down the entire car. tell me about the process. >> it was a very exciting process. we partnered with the evidence lab, data scientists, and talked

about how the chevy bolt would be the first mass-market with over a 200 mile range. this would be an interesting test for the u.s. and globally. since it is such an important vehicle we partnered with a , company that is an expert in automotive teardowns and provided a detailed cost analysis of the entire ev powertrain, which gives quite a unique edge in understanding this important phenomenon in the industry. emily: give us the highlights of how the bolt compares to the model 3. >> we will get the full details, but both are around a similar price point. the base tesla model will be 3 $35,000. the bolt will be more like, once you get a $7,500 credit, it will be $30,000. similar price point. the range will be very similar. both will be over 200 miles.

they are very interesting comparisons. tesla will be more upscale. when we compare the two, we put more cost in the powertrain. we will assume they have nicer interior. given that price point, maybe 42,000 with the options, like a bmw 3 series. emily: you estimate that gm is losing $7,400 on every car. there are estimates tesla will be losing $2800 on every model 3. stem the losses and close the gap? >> the big driver will be battery cost. we're only assuming gm will sell about 30,000 bolts a year. that's a low number, so the costs are not spread out over a lot of units. the big driver going forward will be that their battery costs are going from over $200 per kilowatt hour today, and it will

be around $130 per kilowatt. we assume certain components have a good step function on the powertrain. that will help the above average cost decline. that narrows the gap from a $9,000 cost premium today to just around $3000 premium by 2025. when you look at the total cost of ownership, lower fuel, lower maintenance, the economics, particularly in europe where gas prices are higher it makes , sense. emily: what is your projection for the growth in the market in general? as a result of the bolt? >> we raised our global forecast because we did find the cost today are lower than we expected. we do expect battery costs to accelerate. a lot of experts we talked to around the battery. we are expecting by 2025 about

14% of vehicles globally will be ev's. that is a very high number. a lot of that will be driven by europe, with 30% penetration in europe. and the u.s., we are more conservative, only 5%. we look at it with much lower gas prices. this will be much more of a luxury vehicle. one of the reasons we are cautious on tesla is we know all the german luxury guys will be coming with their own ev's. that is in the 2018 ted -- to 2022 time frame. that's mercedes, audi, porsche. competition has been and doesn't -- intensifying on the electric side. emily: as more companies produce electric vehicles, what does it mean for the auto industry? >> it will be an important transformation. when you think of the automaker, the whole engine will be overhauled. that will be a difficult transformation.

at the end of the day, we think the return on investment for capital will be consistent with what we have today. i think there's an important role for traditional automakers in the future. on the supply base, we highlight some things that will benefit. we highlight delphi really has good content. more content than they have on an internal combustion engine. it could be a positive if you are a well-positioned supplier. emily: any idea when chevy will making the car widely available with less of a focus on california, specifically? >> i don't have any official news there. i assume it will be ramping production like most vehicles, throughout the rest of the year. it only launched in the fall. emily: analyst at ubs, fascinating report. thank you so much. coming up, the man who was the mastermind behind android. he has unveiled his latest

creation. why he says there is room in the market for yet another smartphone. a quick programming note. bloomberg's tom keene will sit down with the federal reserve of dallas president. that is this wednesday. catch that conversation on "bloomberg daybreak: americas," 8 a.m. eastern. ♪ emily: vietnam's prime minister

nguy?n xuan phuc is coming stateside, becoming the first southeast asia leader to meet president trump. the main point of the discussion is trade. haslinda amin spoke exclusively to prime minister nguy?n xuan phuc and got his thoughts on a trade deal with the u.s., after president trump abandoned the

tpp. >> we respect president trump's decision with regards to trade. we want to make sure we can convince him that this is a mutually beneficial relationship for both sides, and american consumers benefit and prefer the products vietnam exports to the u.s. market. emily: the creator of android unveiled his latest product. andy rubin, who developed the software that powers hundreds of millions of devices around the world, now has two gadgets of his own. a smart phone and a home device. the company is called essential, and it is betting it can take on the likes of apple and samsung. joining me is our gadget reporter. what did andy come out with here? i have heard it called the anti-iphone. reporter: there are two products as part of a larger ecosystem. first is the smartphone. it is the essential phone.

why is it anti-iphone? you can install any app. it is expandable, modular. there is a 360 degree camera attachment. emily: how is it different from android? >> it is differentiated by the hard court -- hardware. hims nice, it has taken edges, comes in different colors. every phone these days has a gold, white, black and gray option. but it does look pretty nice with ceramic and titanium. the screen is edge to edge like the new samsung phone and the iphone 8 coming out in the fall. there is a lot to like from a design standpoint. emily: there's apple, samsung, google has phones, a whole host of chinese competitors. if smart phone growth is slowing down, what makes them think there is room for another device? reporter: i'm not sure. there is a market for those phones.

some of the chinese makers like huawei and xiaomi, there's another company called one plus that has $500 unlocked phones that you can put on any carrier. but this phone is really high end. is a $700 phone, part of a big ecosystem. is it going to make a dent in google's market share? apple's? i would bet against it. emily: what about android in general? reporter: i think it shows android is pretty much everywhere at this point. refrigerators, microwaves, home appliances. it powers hundreds of millions, if not one billion devices across many platforms across the world. this essential phone is another. emily: how would you say this stacks up against amazon echo, google home, and those two companies in ai? reporter: right, the home product has a new os built, it is called ambient the west. it is built on android core.

it is assistant oriented. you talk to it, it gives you information. it is small like the echo dot, so it does not have big speakers. we understand apple is looking into this. emily: talk to me about the setup. it automatically introduces itself to existing devices, correct? and supposedly makes for an easier setup which is one of the , huge problems, when people don't connect their homes to begin with because it's such a , headache to get everything online. reporter: i can't speak to how easy to set up is because i have not tried it yet, and they have not said when it will come out, probably later in the summer. definitely after the phone. but it promises to have all kinds of integration with home and other platforms. it makes sense you can set it up pretty much from the interface. emily: how optimistic are you? reporter: it would not be wise

of me to bet against andy rubin. he helped create the sidekick. emily: some people don't remember the sidekick. [laughter] remind us, this is a very old phone. this old phone came out at the new millennium. reporter the sidekick was : extraordinarily popular. it helped make t-mobile when that launched over a decade ago. he did that and also android is , ubiquitous. it is the os for technology today across many platforms from , cars, to fridges, to microwaves. it is difficult to bet against andy rubin. will it make a dent? i don't think so. i would bet against a that. but it seems like there is room for another hardware player to make premium devices and that is what he is doing. emily: thank you for your opinion, i appreciate it. that does it for this edition of "bloomberg technology." wednesday we will be covering hp second-quarter results. we will have full coverage and analysis.

that is all for now. this is bloomberg. ♪

>> the following presentation is delivered to you by samsung, delivering quality electronics, computers and tablets. samsung, bring it home. announcer: how would you like to come home to a house that is fresh and clean? it just feels brighter and fresher. how would you feel about your home, if it always meant housekeeping just left?