alisa: i am alisa parenti from washington and you are watching "bloomberg technology." mitch mcconnell has released a revamp of the republican health care bill which seeks conservative support by letting insurers sell low premium policies with minimum coverage. it is unclear whether it will survive a vote next week. french president emmanuel macron concedes to differences with president trump. but says the disagreement will not hold back discussions. they held a news conference in paris today and followed it up with dinner with their families at a famed eiffel tower restaurant. president trump's proposed budget would not balance within

10 years, contrary to the white house's claim, according to the nonpartisan congressional budget office. they estimate the deficit in 2027 would be $720 billion under the plan. prosecutors charge more than 400 people with health care scams. totaled $1.3 billion. it is called the largest health care fraud takedown in u.s. history. former president jimmy carter is being treated in canada where he is helping to build houses for habitat for humanity. the 92-year-old carter was dehydrated after working at a construction site. global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. i am alisa parenti, and this is bloomberg. ♪ emily: i am emily chang and this

is "bloomberg technology." uber hits reverse on russia and gives the driver seat to a rival yandex. a startup's second retreat from a major market. facebook -- on vr with a new headset and price tag. how the next generation hardware stacks up against industry leaders. gop you -- gop senators unveil the new health care replacement. we get new perspective on the bill. first, to our lead. uber is handing over the keys to its business in russia. the u.s. based ride hailing giant is teaming up with what is known as the google of russia, yandex. it will take more than 1/3 of the stake in the venture, valued at $7 million. it is a second retreat from a major market for uber. last year they left china in

exchange for a 17.5% stake from a rival. this, after losing more than $2 billion battling its competitor. we have caroline hyde from london, david kirkpatrick, ceo of techonomy. they have had many tech heavyweights at their annual conference. and our bloomberg tech reporter eric newcomer. , how did this deal go down? eric: it has been in the works for a while back when travis kalanick and emile michael were still working in operational roles of the company. uber has been negotiating this for a while. i think it was clear they were not going to have the lead position. i think it is basically a two to one ratio. imagine a revenue run rate of $1 billion for yandex taxi and $500 million for uber. uber was just behind here. they got a big stake of this

negotiated new company. it was a good deal in a market they were not going to win. they were losing in excess of $150 million. emily: yandex is the google of russia, they have mail, music, video. why did uber decide to wave the white flag? caroline: the taxi was too successful with a two to one ratio for bookings. they were willing to slash the cash to diversify. it is like the google, they are mainly dependent on search. look at the bloomberg, you can see 3% of revenue is coming from taxis. they are trying to diversify themselves away from the 88% they get from search. all of this shows that once

competitive barriers to entry are not that high for these businesses. yandex only got in in 2011, separate from the overall parent business in 2015, called yandex taxi. they can throw money at the situation. uber is having to pay due to more tax rolls. competitive baro entry are not that high for these businesses. emily: it is easy to say uber made a mistake by entering russia in the first place, just like they did in china. or did they? david: if you think about the math, they are getting 27% of a $3 billion business, which is more than they invested. that is not such a terrible outcome. caroline has it entirely right that what we are seeing more and more, that ride hailing, despite uber's strength is not a winner take all business. therefore, they will have to strategically choose their markets. this is a country where a

non-russian company would have a very hard time ever dominating. i do not think it would have been allowed. eric, uber is that a great period of instability, with their loss of travis kalanick. so many issues, from sexual harassment issues to lawsuits. there is a piece out today that suggests a kinder, gentler uber may be in the future. what do you think the future holds? will we see more retreats like this? eric: learning to be kinder and gentler will be a learned skill, take a little time. in terms of moving away from markets, there are investors who would like to see uber be the aggressor in the deal, so -- or cut a deal so there is only a single player market. it is exactly right that we are learning the two players, at least as long as there is an abundance of capital, have been able to operate in many of these markets.

it seems the only way to get a single player market is these negotiated truces where uber takes a percentage and its competitor takes one. i would not be surprised to see more deals in india and southeast asia, going forward. emily: what about europe, caroline? it is not all rosy there. a lot of different countries and different laws to contend with. and a new administration. caroline: precisely. there has been an aggressive push in germany and france by uber. there was a lot of backlash. when i was living in berlin, you could not access uber via the app. you could only use licensed taxis. this is something that the regulatory risk is rearing its head in russia. they are looking at whether they should only be using licensed taxis rather than normal

drivers. paris, we had donald trump and macron there. are they focused on u.s. tech advances and allowing uber to survive in their countries? that is something the likes of yandex taxi will come across. they are together worth $3.7 billion. we saw yandex share price spike today. no one in russia, the analyst themselves, had seen a valuation of their taxi units. emily: meanwhile, david, the new york times out with names in the mix for the potential uber ceo job, including the ceo of youtube and a few seasoned executives that are available. former yahoo! ceo marissa mayer, former ceo of virgin america, adam bain, former coo of twitter -- what do you make of these names? david: i saw marissa in london

the day after travis kalanick stepped down. i said, you should take that job. you would be perfect. she did not show any enthusiasm for it. but she had been an investor in uber. she knows the company super well. i believe she is friends with kalanick and has followed its progress closely. it would not surprise me if they went after her. i think she is a terrific manager. despite what is sometimes said about her and her leadership of yahoo!, which was a tough, tough job. that is one i would vote for. emily: marissa mayer not one to shy away from a challenge. she has spoken positively about travis kalanick in the past. it is something i know eric newcomer is chasing down. what do you know? eric: i am skeptical that marissa will be the next ceo of uber. sources do not think she is

seriously in the mix. she came out and defended travis very publicly and a lot of people at uber were wondering what was going on, it seemed tone deaf to the situation. a lot of the names we are hearing are people without real gigs. i think it will take some time for uber to land on that. they are trying to keep it pretty secret. they are looking at top executives in airlines, that kind of global operation. i think that is where we are going to look. it is possible there is a tech exec. there are a lot of jobs available, ceo, cfo, chairperson -- we will get a mix of characters. we will have to wait. it is very much a live process. emily: a name you floated was former disney ceo tom stagg. we will continue to watch your reporting, eric newcomer.

caroline hyde in london, and techonomy ceo david kirkpatrick, you are sticking with me. snap reversed recent losses, rising 3% in thursday's session. they were upgraded from buy to h old. at the moment there are currently 12 buys, 17 holds, and five sell ratings for snap shares. coming up, facebook has big plans to make its oculus headset a mass-market phenomenon. but can it happen? this is bloomberg. ♪ emily: going now to facebook,

reinvesting into its oculus rift headset to make it a standout device in the vr industry.

later in the year, they will reveal a cheaper and wireless version of the heads that. version. but will it catch on? i want to bring in mark gurman. mark, you broke this story. what is facebook working on? mark: they are making a big push in vr with the oculus rift. but they want to go after the sweet spot. right now virtual reality either connects to a phone or a $1000 pc. this would be a device like an iphone, ipod, apple watch. you take it out of the box, hook it up to wi-fi, and use it. you don't need to hook it up to anything it is completely , wireless. at $200, they are expecting to sell a lot of these. the oculus division at facebook has been troubled. the cofounder has left, another has moved into a different position. they brought in someone from xiaomi to run it.

do you get the sense things are back in order at oculus? mark: it is a different company than it was one or two years ago. bringing in hugo barra, he really led the android efforts at google. he understands the wants of consumers and how important it is to not only have a resource division and do projects longer-term, but understands how critical it is to turn out consumer products that people will run to the stores to buy every holiday season, just like people want to buy the latest samsung phone or ipad. they hired people from apple, high-level executives, michael hillman they hired earlier this year to run hardware components of the company. clearly there is a seachange going on at oculus. what we will see later this year is the first real fruit of that. emily: david, mark zuckerberg's big bet on vr was bold but far from a sure thing. is this a market oculus can dominate? david: dominate is to be proven.

mark zuckerberg is known for long-term bets and long-term thinking. i am sure in his mind, there is no fundamental disappointment so far. he believes social will be virtual. in other words, we will be interacting facebook-esque in virtual spaces. they have been demonstrating that in their conferences. he knows it is inevitable. he knows somebody will do it, therefore he thinks facebook has to do it. there are unlimited resources within facebook for making this work. bringing in hugo barra was a huge step forward. to have someone of that quality shows facebook is becoming and other diversified tech conglomerate. emily: mark, how does this oculus headset compared to compare to to --

other options on the market, which have been out there longer? mark: there are a few options, there is the samsung. you have to plug the galaxy smartphone into it, and it is cheap. the rift is $400 but does not show the price of a gaming pc it needs to connect to in order to stream the games. there are cheaper players for under $100. there is the daydream of vr from google, you can put a google pixel in there. there is an opportunity for a device that is all inclusive. emily: hugo barra came from xiaomi. the chinese smartphone maker. how does xiaomi fit in? mark: they joined a couple months ago, and oculus in discussions for some time with xiaomi in order to produce this. they are not a contract manufacturing company, they have a network of manufacturers for outsourcing and development of their own smartphones. facebook is in talks with xiaomi on producing this device.

facebook does not have strong branding in china and other parts of asia. what they are going to do is kill two birds with one stone. not only is a partnership with xiaomi going to result in the manufacturing, but the version of the device in china will have that xiaomi brand and software. whereas outside china, it will be a singularly oculus product. david: it is all very impressive. facebook has determined they will get there eventually. this is going to be as powerful not going to be as powerful as the high-end oculus device. what are people going to use it for? there was not a killer app outside of gaming, is there? mark: i agree, but we have a stepping stone, something tangible. oculus has been working toward an all-inclusive device with the

power of the vr for extraordinary gaming. it does not need to connect to a high-powered, expensive pc. six months down the road is as close as we will get. this device is years away. what we will have is people being able to use it vr. out int we will see vr the environment will spur development from other players and great a new gold rush for app developers, just like there is a gold rush of apps on the iphone and google pixel. i sort of agree that there is no killer app, but i can imagine, people may want to pull this out on an airplane rather than their phone or tablets. emily: interesting. mark gurman, our consumer tech reporter. and thank you, david kirkpatrick of techonomy, you are staying with me. the latest read on apple's iphone earnings. this is bloomberg. ♪ emily: apple's next edition of

iphone is one of the most anticipated releases of the year for both consumers and suppliers, counting on the upcoming device to fuel the growth of smartphone shipments. one supplier is taiwan semiconductor one of their , biggest customers accounting for 17% of their revenue. joining us is peter elstrom, and staying with us, david kirkpatrick. peter, what are we seeing from taiwan semiconductor about how things are going at apple? peter: it is interesting, there were a couple companies in asia closely watched as proxies for apple and where demand is going in the future. they help manufacture the chips that going to iphones and other apple products.

tsmc reported earnings today, a little light for the second quarter, which is not that bad of a deal. it is historically a slow quarter. but what people are looking for is the forecast for the rest of the year that gives insight into what kind of demand they are expecting for the next iphone, the highly anticipated next iphone. that forecast came in light in terms of estimates. it was a little surprise, a little negative for tsmc. it raised questions about how strongly think the demand for this new iphone will be. taiwan semiconductor has a competitive business, margins are slim to slimmer. what is your take? david: the thing about taiwan semiconductor, they have done an extraordinary job over decades chasing technology down so they are always at the cutting edge. their next generation of seven nanometer chips and a $10 billion capital investment this

year amazes me. it is more than a quarter's revenue. i do not know of other companies that invest more than one quarter revenue in capital. it is extremely rare. it shows their own confidence in their business, despite what might happen with the iphone has got to be strong. they have shown that confidence over decades. fewer and fewer companies can spend that kind of money and still be in this business. they are a keeper. emily: peter, there is another interesting development. the founder of taiwan semiconductor, morris chang, his fortune is ever-expanding. peter: tsmc's stock price has been on a roll. he started the company in 1987 with help from the taiwanese government, as david mentioned. they make massive investments in chip plants and that has been historically a good business especially as smartphone demand , has taken off.

this year, with shares up 17%, he became a billionaire based on his stake. he has done well, and they are hoping it will continue from here. emily: when talking to other suppliers in china, what have we been able to glean about the outlook for the next iphone? peter: when you look at the key players, tsmc is one of them. another has shares on a tear. they're sounding optimistic about what is going to happen in the future. the overall challenge is, the smart phone market has gone from fast growth to slowing growth and shrinking in some quarters. there are concerns about whether there will be ongoing strong demand. the forecast of this year is for growth of 3%. we will see if they can deliver. honghai is another good proxy of demand for apple.

emily: iphone 8, are you excited? david: i think so. they have to deliver something exciting or they will feel it bad. we have to believe they will excite us and impress us, i am confident they will. emily: david kirkpatrick, ceo of techonomy, you are sticking with me. peter elstrom, thank you for stopping by. leadership in washington continues the attempt to repeal and replace obamacare. we will speak with the ceo of oscar health, trying to disrupt the entire health care industry. if you like bloomberg news, check us out on the radio. you can check us out on sirius xm. this is bloomberg. ♪ >> it is 11:29 a.m. in hong kong

and 12:29 p.m. in tokyo. a bloomberg survey says stable inflation of 2% is unattainable in japan and the for seeable future. more than 60% of economists we spoke to held that view. almost no one thought to percent would be reachable in the boj's timeframe. they expect inflation to reach the target sometime in the fiscal year of april 2018. headedeel making stocks for the best we can for months after president trump repeated his promises to crack down on dumping by foreign competitors.

he said he may impose tariffs or quotas or both. countries including canada had in china have been bracing. tillerson has dampened speculation his week of diplomacy in the gulf -- he went to qatar, kuwait, and saudi arabia, reducing ideas that could be a basis for the solution to the diplomatic crisis. however, he said the two sides refused to speak face-to-face. global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. i am sophie kamaruddin with a check on the markets. asian stocks having the best week since march. shares in sydney and aussie dollar leading gains in equity. the nikkei 225 adding 0.2%, set

for a second day of gains. 3.44.ollar-yen at 11 chinese stocks losing 0.1%. the offshore yuan climbing for a fifth straight day. em sharesaid asian are in a sweet spot. the bulls are back for emerging stocks, reaching a critical level, not seen in seven years. this chart shows the index is approaching the golden cross, when the 50 week moving average crosses the 200 day line. that signals a continuation of the rally. the last time that happened, stocks gained over 30% in the 11th month -- 11 months that followed. there is no need to turn bearish. suggesting capital outflows remain low. asia, hem forecast for

has raised his estimates for the yuan, and ruby. rupee. the -- and the ♪ emily: this is "bloomberg technology," i am emily chang. back to a story we continue to watch senate majority leader , mitch mcconnell has released a revised republican health care bill. he is seeking conservative support by letting insurers sell low premium policies with minimal coverage. the bill is aimed at repealing much of president obama's health care law. joining us from new york on how it may impact insurance companies as a whole, oscar health's mario schlosser. we will talk about that any moment. first, there is a huge debate and a lot about the future of health care in this country. what does that mean for you? mario: i come back to first principles when i think about

this. what i expect to happen, nobody in d.c. would be suicidal enough and crazy enough to throw 29 million people individually insured back into the market without insurance. i should not call the play-by-play what will happen in the senate and house the next few weeks and months. but i do think we will get to a market that is stable. that will point hopefully toward the future and the future as i think it needs to be in u.s. health care. consumers have become more powerful to control what health care they want and demand better outcomes from the system. we built an insurance company that uniquely engages people on their health care with an eye on lowering costs and improving the quality of health care they receive. emily: you are partnering with one of the biggest insurance providers in the country, humana

, launching health care for small businesses. why would one of your rivals want to partner with you? mario: we came into the market with a unique angle. if you look at the u.s. health care system, we vastly overpaid. germany and switzerland pay about 11% of the gdp. that is $1 trillion the u.s. is overspending. there are two good things wrong with u.s. health care. one is the data does not flow , through the system in a good way. the second thing, nobody gets paid for outcomes. we thought five years ago at the start of the company, the insurer is in a unique position to do that. if we make the data flow better your doctor will actually know on,ich other drugs you are or what happens in the er. that is the connectivity we provide. we can also told the system to where you get paid less per

service for stuff you do in a practice. what you need is a technology-driven insurance company that engages the consumer before they become sick. that is what we have built. other partners in the system, like the cleveland clinic, which we have a risk sharing plan with, they think we have a unique technology and engagement model that can help them get into a future where individuals will have more decision-making power in health care. emily: talk about the tech-driven part of this. what makes oscar a tech-driven -- a tech company rather than just another insurance company? mario: there are three categories of technology we build. we engage around the consumer, individual. long before you get sick. we are the first insurance company in the u.s. that makes telemedicine totally free. 70% of all upper respiratory

infections or rashes of oscar members get treated over the phone or with chats totally for , free. with the click of a button, doctors treat you 24/7 with no cost. that compares to 2% or 3% of in other companies. the second category is in having a full stack of technology. we can reassign where our claims are coming in and reassign when someone goes to the emergency room and connect right away. the third aspect, different partnerships with networks. we mentioned the cleveland clinic, we are launching a risk-based insurance plan with them. we are updating 1400 data field or providers we service on a daily basis.

we know what availability doctors have and where we could get you in. if you talk to one of our telemedicine doctors, they may notice something is wrong with you and they can connect you to a doctor in person. that requires a data flow between the systems we have and connectivity back to the network that delivers. the design is comprehensive and quite unique. emily: your co-founder is josh kushner, jared kushner's brother. i am curious what kind of a role does he play today? mario: josh, my co-founder, we sat together five years ago and were complaining about health care experiences. my wife was pregnant, i did not know what will this cost me, where will this take me? we had cheat sheets. a year later, for my daughter's birth, it showed me the

c-section rates that i might encounter the night of the birth using our oscar data so i know what to watch out for. josh was complaining about having gone to the er and having a bad experience getting health care in a convenient way. we have been in this since the beginning. what we spend our day on, we think about what is the next feature to lunch, how do we make our messaging more powerful, have our concierge teams? any member of oscar has four team members that can watch real-time the health care system. what is the next feature we launch? that is what josh and i talk about every single day. emily: there was a lot of noise around this administration, around jared kushner. does any of that affect you? mario: no.

we are heads down, we are building a product. if you look at the membership base we have, about 1/3 came in because friend and family members told them, go by -- buy oscar, it is awesome. we may be the first virally growing insurance company that ever existed. that is what we are focusing on. we have a unique frontline reporting from changing the health care system. if we do not do something about the underlying cost of u.s. health care, it will bankrupt the country. there is no way out except for making the system, pushing it toward risk sharing, individualization, consumerization. we do go out to republican and democratic senators to share the observations we have for making the transformation happen. i do think the u.s. health care system needs to be more individualized. i am hoping any conversation

happening right now, which i hope will be eventually bipartisan, will push it toward the direction. otherwise we are moving too high cost for anybody. emily: we will continue to follow you and how this all unfolds in washington. mario schlosser, oscar health, thank you so much. now to a deal we have been following. draftkings and fanduel have agreed to end their plans to merge. they face opposition. draftkings ceo jason robbins said the threat of a long and expensive legal battle was a big factor in the decision. he noted that draftkings is on firmer financial ground than when the merger was announced in november. we had to sun valley where we catch up with sebastian thrun founder on google x. , turning the flying cars into a reality. this is bloomberg. ♪ emily: twitter executive

chairman claims the social media platform should not ban president trump, saying, it is good to have him talk on twitter. he spoke to bloomberg in sun valley, idaho. the company's average monthly users increased 6% in the first quarter, compared to a year ago, due to people following more political news. some users have said trump's tweets amount to cyber bullying. we sat down with sebastian thrun, the udacity and google x founder, father of google's self driving technology. they talked about everything from the future of higher education to his flying car aspirations via kitty hawk.

we had a good year in terms of growth. we launched education programs in paris. really leading edge like deep learning, self driving cars. it is the only place that teaches these skills. as a result we have tens of , thousands of students that come to the sites. reporter: where is the demand coming from? our companies coming to you, saying we need more talent? guest: we go to companies. they say, we would love to get more self driving cars. we ask what portfolios would impress you? they list this, and this. it is really hard. that becomes our curriculum. reporter: i have talked to people that run community programs. google might say we finance a

training program and hire graduates. are you seeing more of that with companies that sponsor courses? guest: there were over 20 people place to google. there is such a desperation for talent, people with machine learning or data science or web design. reporter: how do you fit into the landscape? i know traditional academic institutions are offering them. do you see yourself as a competitor or complement to them? where do you fit in with the pantheon of companies? guest: we admire the other companies. it is good to see us all doing something interesting. existing companies [indiscernible] in a lifelong learning space, we have the strongest credential at this point.

reporter: how difficult is it to operate and monitor these programs with all the countries you are in -- i gather over 200 of them? it is hard, i imagine? guest: i am going to the middle east right now. we have offices in saudi arabia and jordan, egypt, and various other countries. i think there is an imbalance. there are phenomenally great universities in the u.s. in syria, grow up your chances of getting into this education none. you want to go to the people in these middle eastern conflicted regions and give them opportunities to become a developer or data scientist, they can make $100,000 a year. the reception in those countries is enormously positive because there is almost no alternative. reporter: you must overcome hurdles.

institutions that are known, respected, how do you overcome and get someone to pay for this course, when i could try to get into another institution? guest: we have to make it a credible entity. we worked really hard to make the student experience amazing. we have student job placement. [indiscernible] we work really hard on employer education. companies like amazon, twitter, facebook, google and many others. we give the students equal treatment. reporter: let's talk about flying cars, something you are keenly interested in, as the ceo of kitty hawk. where are we in that process? it sounds like something squarely in the realm of the fantastic. guest: i have my metric. i go to people, five years ago i said i was working on flying cars. i get this smirk. they turn away.

we talked to people, they smiled. there is no belief it could happen. but when you think about it, transport underground is very bad, it is very congested, it is hard to get around. it gets more and more congested. the air is free, there is almost nothing in the air. at the end of the day, 50 years or 10 years, i see more transportation to and from work, we go through the air than on the ground. we have the first prototype vehicle. we are not the only ones. [indiscernible] it is electric very quiet, flies , vertically and horizontally. we have gotten to the point with a computerized system that every person can learn to fly in

five minutes. we can make flying accessible to a broad set of people. that system is called kitty hawk flyer. it will go on the market later this year. we deliver our first units soon. emily: udacity and google x founder sebastian thrun with bloomberg. we work is betting big on latin america. what is behind the latest expansion into the region. this is bloomberg. ♪ emily: emmy nominations have

been doled out and a major winner has emerged. streaming services, hbo which offers streaming through hbo now leads all networks with a total of 110 nominations. close behind, netflix with a whopping 91 nominations.

hulu receiving 18 nods for "the handmaiden's tale. and my favorite, "silicon valley," with 10 nominations. wework is embarking on expansion in latin america. they will boost people working at facilities across the region tenfold by the beginning of 2018. the move comes after the start up's recent forays in china and india. joining us olivia zaleski. olivia: the company is growing aggressively globally. they are opening offices in korea, japan. those offices are extremely expensive to open. not only is it a capital-intensive business because you need to hire a lot of people to recruit freelancers and small businesses, you have to retrofit the buildings we

were signing leases for, to make them part of the wework brand. --is extremely expensive am up front. so the company needs a lot of cash. emily: we reported some of the wework's troubles in the past. why is there renewed excitement in the company? olivia: they are seeing an uptick in enterprise customers. traditionally they have focused on getting freelancers and small businesses to buy space or rent space month-to-month. if you're renting desk space to a microsoft, that traditionally has a large satellite office, you're renting hundreds of desks to them and they're not exactly going to not pay the bill. they'll be consistent, stable. investors have caught on to that growth.

it is the largest growing segment for wework. they are interested in being part of the company. emily: pretty nice-looking offices. david, what is your take on the future of wework? how optimistic are you? david: i am optimistic in one respect and dubious in another. i agree with olivia, they put a ton of money into their wework retrofits of these buildings because they do a beautiful job. wework here in manhattan, and nasdaq has a wework space. but i wonder about a $20 billion valuation. it is real estate, it is hard to understand how it could possibly be that kind of growth technology. emily: we talked about expanding into tokyo -- why is softbank interested? olivia: probably because softbank has a lot of money. it has raised a $93 billion fund. it has done that with saudi arabia. that is a lot of money to put to work. i think that is why they have

taken a large stake with wework which is expanding in tokyo. they plan to have up to 20 new office spaces in tokyo alone. emily: olivia zaleski, thank you so much. david kirkpatrick of techonomy, great to have you. that does it for this edition of "bloomberg technology." we are live streaming on twitter. that is all for now. this is bloomberg. ♪

>> the following is the paid program. opini and it is expressedons not reflect those of bloomberg lp, its affiliates or its employees. >> the following program is a paid advertisement for the hd mirror cam by inventel products llc. announcer: yep, they're out there, driving recklessly, causing accidents and driving up your insurance rates. this is a show about car accidents. classic cars, and the hd mirror cam, the personal security camera for your car. this is accidents caught on camera with the hd mirror cam.