♪ ♪ >> welcome to bloomberg businessweek.

oliver: we are coming to you from the headquarters in new york. >> how today's nba stars are learning to score as tech investors. while donald trump is busy in the white house, his sons are running the family business like dad. oliver: that ahead, on bloomberg businessweek. >> take a look at president trump and some of the attacks he is taken against democracy and asking the question cannot bash -- can american democracy survive? megan: we have always had these attacks from the establishment and in the wake of charlottesville and the racial language used we are seeing explicit attacks and people saying, how parts this damage going to go in what is the experience of other countries. what we are taking a look at is, things may seem bad in the sense and him and things may seem bad in the sense of traditional establishment edifices are being ripped out. but if you look in the experience of other countries, the philippines, similar establishments, have thrived.

carol: we see cycles in terms of leaders coming in and pushing back on the establishment. megan: people always reach for parallels with trump. when of the things i talk about is how the u.s. is late on this populist wave in terms of getting an authoritarian style populace. in t himhethers , many ofes and hungary those are similar. looking at how they map this and where the trajectory and how the citizenship responded is instructive. >> let's switch gear to sports. the golden state warriors and members of that team becoming venture capitalists. megan: i love the story. it is classic. it is nice to cover a corner of the world where things that are surprising are happening and this merger between tech and sports. this talks about household names, steph curry.

leading this push into venture funding and talking about how athletes traditionally invested in car dealerships, restaurant sponsorship deals -- this is looking at how -- steph curry pinterest. of what they are doing and how they are being advised. looking at their longevity as investors and entrepreneurs as opposed to just athletes. it is fascinating. >> here is more from ira. see these stories himabout different athletes investing in startups. i was wondering how do these deals work? i happened to meet one of the main characters, who works with andre iguodala, who has been his fixer. andre has an interest in tech. >> how did it come to be this relationship? it is not one you would expect to just happen.

ira: i mean, in this case onto iguodala was signed by the warriors in 2013 and was eager to go there. him partly because he wanted that proximity. the team is owned by joe lake of and silicon valley big shots. here been investing in tech stocks from the outside and wanted to figure out how to get in on the early stage. priv himate companies. one of the first connections they made was rudy, his business partner, sent a letter to jeff gordon. he was curious, jeff jordan had a pickup basketball game. yes to he was. is him thi hims guy?

he meets him and realized that himerigu himodala was s himous. -him a him--him him him he hi hi him -- he met him and realized that andre was serious. from there he started sending

portfolio companies to meet with andre iguodala and rudy to see if there was a connection. a lot of them a did invest in. they have their own 25 companies they are in now. >> how unusual is it for athletes to get so involved were they are screening companies and onto printers versus going to venture capitalists and giving a chunk of money? >> there are a few models. andre iguodala is on the far end. a lot of athletes will tell you, steph curry, they don't want this to be something that they are passive and. they want to understand. they can't do day-to-day. they are basketball players. they bring them in on a lot of key decisions so they are taking part and learning. there are other models where, it is a fund to fund. an athlete will be a limited partner, gathering the money, bringing the big funds. that still allows for introductions to happen between founders and athlete so they can build relationships. >> it is no longer, let me get a star athlete. >> it is not. they have been working that out together because the hollywood model is representation. you have an agent, you attach your face and name to a brand that is a consumer brand. for a while i was told, agents were coming to the valley with that mindset. give us money to represent your company. that is not how it works. especially with an early stage company. they are raising money. they are not necessarily trying to make a consumer product and sell it. they are trying to come up with some innovation that changes the way we do everything it is. they are looking for investors. sometimes it works out that a celebrity investor can help and draw attention but they are not

looking to pay people money for their face. >> putting businessweek together as a team game and creative director rob vargas led the team that put together this week's nba cover. >> we managed to get them altogether and it was fairly easy because they were all at a bloomberg conference. we sent the photographer and steph curry spent two minutes. we got good shots and went through them and picked what we felt was the best one. >> can you play around with celebrities? there's a shot, take it? >> we did one move. andre iguodala was standing close to the investor. their faces were almost grazing so we had to separate them by a millimeter. that is the extent. >> in the story they talk about that, he doesn't do business venture without his partner looking over his shoulder. it represents their relationship. >> it is a group deal. we thought it made the cover stronger to have more people. >> i like the way it is arranged because the investors in the

middle, it is businessweek. we are used to seeing the guys to the left and right but in this case, taking a backseat. >> he is a very stern, businesslike face. >> up next, is really drugmakers are finding it tough to replace a legendary ceo. >> pop music's sound of the future may be coming from korea with a big boost from youtube. ♪

♪ >> welcome back to bloomberg businessweek. i'm carol massar.

oliver rennick. you can catch us online at bloomberg businessweek.com. >> and the mobile app. korea has always been an influential exporter, think cars and smart phones. you don't think of them as a next order of culture. oliver: that is changing now with the explosion of the $5 billion k pop industry. >> k pop is korea's rand of pop -- brand of pop music. you hope people will tune in to youtube -- that is the premier platform. it is not just music. you have to see the videos. you have to see the acts. is like saying, you're going to see heavy metal bands and you only listened to the music. it is all wrapped up as one thing. it is like the performance. carol: it is kind of a whole event. i did go on line to youtube and watched a couple of videos and when you talk about u2, people are watching these. millions of people are watching. >> some of the biggest artists

have more views than than the top western pop stars like lady gaga or beyonce. carol: i also came across gangnam style, i remember a couple years ago. >> you remember that. >> i do remember that it did that started were brought our attention to it. >> that was when it went global. the genre has been around since the mid-1990's but then that video, it was the first video on youtube to get over one billion views. it was a korean but it had these choruses that went back and forth in english and korean and a distinctive dance that everyone learned. the guy who sang the song, earned himself a spot on ellen degeneres and then, people started to think, what is this? in china, they had already began to tune in to cape up -- two k pop. in china they have canto pop but korean pop has emerged as the dominant one. >> it is taken off. it is been around for a while. you have music streaming

services that are dedicated to it. billboardright, and columnistas a dedicated to it. momentumere is the coming from? is it driven by musicians or is there a corporate entity driving it? >> there is one corporate entity that stands out, a company which is, it is bigger than mtv. it is an entertainment company that represents some of the biggest acts like big bang. it has two dozen tv channels, one which is the mtv of asia. it puts on asia possible biggest award show every year and it started doing this k-con convention around the world in

places like abu dhabi and paris. this year new york and l.a. for the second time, and l.a. there are others. everyone is riding the coattails of this. samsung features these musicians in their ads. chanel picked the front man of this band, big bang, to advertise a new handbag. amazon and at&t are sponsors of k-con. oliver: in the features section, teva is the world's largest manufacturer of generic drugs. >> on the recent struggles. >> teva, you probably have some products of theirs in your medicine cabinet but you don't know it because they are generic. youl: they went through, as

different or five ceo's. what is the problem at the company? >> one of the things that the ceo did was he wanted to make sure the company remained is remained israeli. the board members lived in israel. they were baked into the company's by-laws when he was there.

it has become so big. he stepped down in 2002. you need the someone who has the experience of running a global pharmaceutical company to go in there and run it. the world's biggest generic drug manufacturer is not a small operation. finding someone like that is tough. what instead they have done is they've brought in people who did not have any experience in the industry and hoped they be able to learned on the job and that has not worked. the last guy, the last ceo, they have been without a ceo for six months now, the last guy who resigned in february had worked for a food exporter. they exported hummus and coffee. >> not the drug business? >> they are trying to find someone now but that person would still have to move to israel under the laws. the company says, we don't think that will be a problem. i think it is, along with the fact that the company has so many problems now that is a tall order. >> investors have bailed on this company? >> in a big way. that deal was announced in july. 2015. the stock is down three quarters, it peaked at something like $.72 a share. it is now down in the teens. carol: $72.

$72, i'm sorry. debt.ey have all this assets toto sell off pay down debt. spookedhe things that to a sell-offled earlier this month was the said, we company think we will be able to sell off $2 billion in assets but we

don't think that will trip our debt. >> why are you even bringing up -- >> the investor said, why are you bringing that up? they are not bringing in someone new. that is a problem. things don't seem to be improving, they seem to be getting worse. carol: up next, can data monitoring help the opioid crisis. oliver: mike pence is calm in a wild west wing. ♪

♪ oliver: welcome back to bloomberg businessweek. i'm oliver rennick. massar.nd i'm carol you can also listen to us on radio on sirius xm radio. oliver: and on these stations in london, and in asia. in the technology section as the u.s. opioid crisis deepens there is no federal prescription drug monitoring program to analyze patient behavior. carol: a database developer that has acquired access to records in 40 states. green.reporter jeff

company that was off the radar. looked it up and they are in -- in 40 states now. i asked states, how are they dealing with tracking prescriptions? they mentioned the same company. i looked it up and they are in 40 states now. handling the coordination of prescription information. if you go to the doctor, and you are going to get prescribed oxycontin, your doctor is going to look that up and make sure you have not already had seven or 10 prescriptions before this. if you will look it up, chances are, you will be looking at up on one of their systems.

they are off the radar. it is private out of louisville, kentucky that has been building slowly over the years with this expertise in health and safety data. carol: anyone who goes in can get a prescription in these 40 states, that data will be put into this database? jeff: anyone who goes into a doctor and gets a prescription for an opioid in 49 states and two territories is having that information entered into a database. whether anyone is looking at it is still a question. but if you go in and have a class 1-5 drug regulated by the government and prescribed by doctors, that goes into a database. a lot of people are not aware of that. if you get oxycontin in most states except missouri you will be in a database somewhere as having been prescribed that each time. carol: a doctor looks it up and the patient, while this patient has had a lot of prescriptions written. what would that do? jeff: maybe not prescribe it or have a discussion with the patient and try to figure it out. in many cases, half the times, the doctor is not even looking because they find the system too complicated. that is what this company's specialty is. simplify what it takes to look up the drug history of a patient. carol: it is interesting. you talk about in your story,

jeff, the opioid crisis which has been in the headlines for a couple years now, there are many deaths and incredible costs to the economy and people are looking at in trying to figure out the government, included president trump, how to figure out and end? this company could help. jeff: as you have more data interconnected, it becomes easier. the first thing they did is connect the states to each other so if you are in one state you can make sure the person hasn't been slipping over the border into another state. to get their prescriptions. the more sophisticated versions of the software are adding ability to look at a person get a score. rather than eyeball it and say, this person looks ok or this person doesn't, it gives you a score. if you get a 999, you will probably want to check the patient out. if you get a zero you probably want to have a conversation. if this person has never been on an opioid before maybe you should ask a few questions to make sure they know what they are getting themselves into. they are way more addictive than people initially thought. carol: turning now to politics, mike pence radiates calm professionalism. oliver: that is why many say he was put on the ticket to begin with. but he might be more than a political prop.

phillips.tor matt matt: he has been to a dozen countries overseas. speaking professionally, acting the part, reassuring our allies who are nervous about some of the things trump is it saying on trade and north korea. he is taken a big role in afghanistan military strategy reevaluation that we saw the other night. he is a crucial conduit to congress for the white house. his staff has relationships and so does he with republicans in congress that no one else in the west wing has. that will be very important as we get into september and start having to talk about budget showdown and debt ceiling. carol: let's break down some of those parts in those areas where mike pence is actively doing

work for the president. let's talk about the news we got from the president this week about military strategy in afghanistan. you mentioned my pants was -- you mentioned mike pence was active in playing that out. how active? where was mike pence in that pecking order? matt: he was right in the middle of it. what the reporting indicated was that he was playing an intermediary role and making sure that all the options that were being presented by the generals were cleanly presented to the president. we weren't necessarily in the room on some of the room on some of these situations but he played a vital role in the two hour meeting at camp david. before the monday announcement of the strategy that trump unveiled. it seems like his role in afghanistan was to be a liaison to the generals, to collect

information, to parse it, and to presented to the president and to be almost someone who could mediate back-and-forth between a volatile president who has no problem saying what he thinks is a bad idea when he thinks it is a bad idea and the generals who are very vested in this. we have been in this war for 15 years. these are options we have seen before. it was pence's job to relate this to the president. carol: you mentioned mike pence does not have a problem mentioning that this might be a bad idea, expressing his views. is that true in the case of president trump? matt: that is a great question. especially after the rally in phoenix which mike pence was present for and he stood up and gave a very polite, benign

kind of introduction. it gave us the impression that this would be a different speech than what we ended up getting from the president. we have some reporting, he was aires, mike pence was, donald trump gave is his press conference. reporting indicates that day, he was giving policy speeches and meeting with the argentine president and business leaders and acting and looking very presidential and afterwards he watched the president give this unhinged combative press conference. he took it in stride and moved on. that is his style. he is pretty unemotional. he is a professional politician and all the ways donald trump is not. he is very able to take whatever moral or ethical or personal quibbles he has with what the

president says and think about the politics of it. think about how he will answer questions when he is asked about it and move on. carol: costco stores are thriving but online it is a laggard. why the warehouse giant needs to up its commerce game. this is bloomberg businessweek. ♪

♪ oliver: welcome back to "bloomberg businessweek." carol: still ahead, why wall street fell in love with tax cuts. nextr: and why the generation of trumps is taking business.amily and the holiest of holy grail watches going up for auction. oliver: still ahead on "bloomberg businessweek." ♪ carol: there are so many more must reads in this edition. we are back with editor-in-chief

megan murphy. in the business section, costco. what they are doing in terms of online strategy. they have been doing it for some time but it has been casual. megan: costco started its online presence in 1998 around the time that amazon was getting bigger and exploring new ways of online shopping. costco is somewhere we know as a retailer where we like to go in go in for 30 cokes and eight -- a printer and a tub of mayonnaise. their online strategy has a diversified. they offer more products. they are looking into a subscription model. it has not formed a huge component of their strategy. carol: the company might argue, we want to get people in our stores and wander the isles are in by a canoe i don't need. megan: if it is not broken don't

fix it right? this is a market that is reshaping. particularly with whole foods and amazon, there will be disruption in the sector. people will be spending shares bigger online. the last mile is getting people into by perishable goods, produce, food. people have traditionally liked to go in and feel for those smaller items. costco will have to figure out a way to get in. carol: is it a case for getting them by buying another company? walmart do that and now thate amazon kind of doing with brick and mortar.

megan: i think the walmart comparison is one that is probably one it would look to as well. i think walmart brought in the know-how in terms of people. we see them ramping up, they know this is the next competitive future. cosco will have to bring in that expertise and the bigger vision of how to mobilize this. carol: let's switch on over to finance. what a difference a few years makes and how wall street bankers -- what is more important, cutting taxes or reducing deficits? megan: i am not that surprised. when you talk to any rich person, let alone a wall street banker, the number one thing is tax reduction. they may call a tax reform but it is reduction. that goes to the fact that people think their personal levels of taxation are too high but also corporate levels and the way our system works is out of whack with the rest of the world. they are right. we have a complicated system in this country where the rates are high and loopholes are used for different kinds of companies. it is incredibly complicated. we need to make it more competitive. there is bipartisan agreement on that. how will they pay for those cuts? that is where this issue of

reducing the deficit comes in. i don't hear so much anymore about reducing the deficit. carol: remember when that was all anyone would talk about? megan: there are different priorities. people believe that giving conference of tax reform will be a spur to american business growth, international business growth, allowing manufacturers and other kinds of companies to invest more in american talent. american job growth. it will get consumers out there spending more and lead to a more robust economy. they're different size to that viewpoint. this issue about whether we are shackling generations of children to this massive deficit is something that people are still talking about, you don't hear as much. interesting to see the debate shift.

[chuckling] put on a suit and new york to 21 in city. max: as soon as trump was elected talk about the deficit was mostly gone. what you heard it said wall street was enthusiasm for tax cuts. that means cutting taxes on corporations and the rich people that lead them. as well as middle-class tax cuts. the trump tax plan costs trillions of dollars according to estimates. carol: i love this line, wall street swerved from panic to tax-cut cheerleading. it is poetry. i love it. that has annoyed people. max: i appreciate that. i talked to democrats and republicans, the second half of that sentence is douglas, he worked for george w. bush.

he said, these bankers can only keep two things in their head at the same time. before fort was deficits and now it is taxes. he is probably being judgmental or glib but it is true that trump's tax plan -- the one that was unveiled on the campaign trail. when gary cohn and steve mnuchin had that one-page outline. it cuts taxes so dramatically, not only corporate tax rates but individual tax rates and then gets rid of things like alternate minimum tax with -- that is basically how donald trump paid his taxes in 2005. it gets rid of the estate tax which is a tax on multimillionaire estates. it gives things like tax holidays. those changes are so steep that even the tax foundation which is conservative leaning says it could increase the deficit by trillions of dollars. that takes into account the growth that might happen. carol: even that, the pluses, maybe spending more, that takes an -- we still have a huge deficit.

max: that's right. the people i talked to were excited about tax cuts, they say look, first of all it will grow the economy so much that that will not happen. we have seen that is not always the case. the bush tax cuts led to deficit. the same thing is true about reagan. they will also say, even if it costs a trillion or two, it doesn't matter. carol: what is happening terms of psychology, is it cyclical swings in terms of what we want to debate? max: that's a good question. a couplet is probably of things. first, five years ago, it was a different time. things were crazier. now the debt is bigger. $2 trillion added to $20 trillion, there is something more political. this is not my opinion, this

comes from people i talk to. people said, look, it might sound inconsistent, screaming about deficits one day and then screaming about tax cuts the next even if it increased deficit. what unites them is when a democrat is in office, it is not effective to ask for tax cuts. what you want to ask for is less spending because that is what democrats like. when republicans get into office you can ask for tax cuts. what unites them is the idea that the government should not be huge and it is inefficient. that is what bankers mean when they say, i'm fiscally conservative. oliver: up next we unpacked the challenges facing subscription box startups. carol: and find out why puerto rico can be the next tax haven. oliver: this is bloomberg businessweek. ♪

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oliver: welcome back to bloomberg businessweek, i'm oliver renick. carol: you can also find us online at businessweek.com. oliver: and on the mobile app. blue apron is learning a tough lesson. it is expensive to acquire new customers. carol: it is often a challenge to keep them. >> there are 2500 companies in the u.s. that sell subscription boxes through which you sign up online and get, you put your credit card down every so often, whether it's once a month or once a week. >> all kinds of products. >> the most common are cosmetics and meal kits. carol: in this story you outline how pricing on blue apron boxes

or other subscription models is tricky. you something like netflix, who seems to have figured it out. why is it tricky for others like blue apron? >> there is an inherent overhead cost like server bandwidth. they don't have to deal with the headaches of making physical products and shipping them through the mail. since they split off their separate dvd business. at a certain point, there is a lot more profitable -- for netflix to turn off their service on and off as opposed to shipping meal kits or clothes. we found in the numbers, blue apron spending, again, you say they are conservatively spending $94 a customer and that person is spending an average of $57 on a given box in a quarter. the cost continues to spike as they have to innovate. carol: what about some subscription-based services that are successful. birch box. it is beauty products, you get them for months. have they figured out the model? >> tentatively. i think they're older than blue

apron and finally turned a profit earlier this year. mostly by slashing costs. among other things they renegotiated their shipping costs, with suppliers and made a couple rounds of staff cuts. they came under pressure from investors and decided to talk about profitability in the short term. as opposed to the long-term. carol: what is the future of the services? as you kicked off the interview, a lot of investor money is going toward them. whether it is food or music or consumer products, what is the outlook?

what do the industry watchers say? >> the investor money has not tried up here at so far this year has been 600 million that has continued to pour in. the big drop from 2015, investors are getting concerned about results. again, as birch box expanded in the short term as opposed to the long-term. carol: in the finance section, puerto rico's's goal problems are driving people off the island. 65,000 residents left last year. oliver: bankers moving in the opposite direction. >> you have 65,000 ordinary puerto ricans leaving every year. what we have seen is a few private banks are going the other way. they are setting up something called an international financial entity. that has a useful characteristic for clients. if you are a non-us person you cannot be identified to taxmen. carol: what does it allowed non-us individuals to do? >> effectually, it is a bank

that puts everyone apart from puerto ricans. they can do business with ordinary puerto ricans. instead it encourages foreign investment, even from the u.s. mainland. and, you know, there is always sort of a battle to try to clamp down on tax avoidance and stuff and someone noticed, hey there is a little bit of a loophole here. a few cracks between various structures. that is why the private bankers are starting to get interested. carol: initially this was set out to do something good? bring money to puerto rico. is it doing that? is doing good? >> that is partly the intention and it is attracting operators. the puerto rican economy is in the hole right now. almost bankrupt. you get high-paying individuals here, you have to have people working there, that is the idea of this trickle down into the wider economy.

brokers say, property prices, are stable where is a lot of other things are tanking. that is a wider debate. does it help the wider economy? carol: let's go back to the loophole. which is what is in question right now. may be causing some people to take a look. what is the loophole. >> this is a lot of acronyms. for a non-us person, this is crs. if you have a foreign account you have to tell your taxmen and it has to be with your bank. because puerto rico is part of the u.s., the u.s. is not under the umbrella of cos. this is the key thing. and also puerto rico, effectively the u.s. do something called automatic

reporting. it is something called factor. all u.s. territories are excluded from factor. willu are under that, you avoid implications that might have. carol: for people bringing money in, they don't have to disclose who they are? >> you want to invest through offshore corporations but then that will be effectively concealed from crs and irs won't necessarily know who it is. oliver: like father like son, how the trump boys are running the business. carol: vintage collectors around the world buzzing. over a watch. oliver: this is "bloomberg businessweek." ♪

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carol: welcome back to "bloomberg businessweek." oliver: you can catch us on the radio at sirius xm, channel 119. new york, boston, and the bay area. carol: and in london on dab ux 3 and in asia on the bloomberg radio plus app. in the features section, president trump has handed off the family business to his sons and they have been busy. oliver: we talked to daniel ferrara about the new generation. >> we set out to understand what the trump organization is doing

our attention is focused elsewhere. on the trump presidency in the tweets, the ins and outs of policy and staffing. that is all happening and this business is running. we want to know how that happens. carol: we forget there is a huge trump empire. we don't know how big because we don't know the numbers. specifically we looked at the two sons. don junior and eric. what have they been up to? >> most visibly they are extending the brands in the hotel business. specifically, they said they would start two downmarket brands. if the trump market is the five-star hotel, they have announced a four star product called scion. and a three star hotel chain called american idea. our writers talked extensively with a pair of brothers in mississippi who are at this point, the only american idea franchise. that is for the future. to become areed

franchisee. carol: the two brothers in mississippi seem to be pretty happy. >> very happy. they are delighted. they've gone from -- they own 17 hotels. hampton inn, comfort inn, things of that size. respectful operations. this alliance with the trump family has made them local celebrities and beyond they say they are getting attention from other investors in new york. it is flattering for them. carol: to them it is exciting. they feel it is a big cornerstone of future success. >> which makes sense. they are building in a place with trump support being strong and you can express support for the trump residency and the things it represents. stay at those hotels.

carol: the deal is being done, they are extending the brand, doing licensing deals. this is what donald was doing before he became president. it was often about lending the name or selling the name and doing licensing deals. money upfront, less risk. >> little or no money upfront and less risk. for example, with his psion hotel, it is a big risk for the brothers. they are sending $20 million on a hotel in rural mississippi. what the trump administration is organization is providing. is wisdom. the brothers report that donald senior told them, think grand. they took a project that was originally budgeted at $8 million and is now $20 million. it is extravagant. we will see a back and be supported in the mississippi

delta. oliver: in the pursuits section, certain timepieces are known as holy grail watches. sending collectors into a frenzy and bidding into the millions. carol: the holiest of holies is set for auction. >> the paul newman daytona rolex is coming up for auction in october -- this is a huge story for vintage watch collectors. this is known as a holy grail watch. it comes along once in a lifetime. there will be a huge bidding war for because everyone wants to own it. carol: including my husband, mentioned it, i went online and checked it out. and i'm like yeah, well, it's not going to happen. it was a gift from his wife. >> paul newman made this rolex famous in the 1970's. it was called the rolex daytona, specifically for racecar drivers, it has a dial for going around the track. technical.very

carol: i trust you. >> he got one from his wife and engraved on the back it says, drive carefully, me. he was a real racecar driver and he wore it when he won races. he made it famous. the group of watches became as -- they became known as paul newman, daytonas. this was paul newman's paul newman daytona. he had given it to someone and it is now coming up at auction because james cox who received it from paul newman once to give the money to charity to nell newman. to the charity she runs now. carol: i've no idea what the watch went for originally but i assume it will go for a lot. >> you never know but it will go as high as it can.

at least a million dollars. we talked to a number of vintage collectors who said it would go for way more, maybe $10 million. carol: who is likely to buy it? >> there is a group of young 30's, 40's, they are very global. collectors.h they've made their money in tech. they have been going around from auction to auction, flying there, taking watches with them in safe boxes. making millions of dollars. they are taking the watch on the road. carol: its own roadshow? >> and the story is so cool. people who can't buy it want to see it. they are doing events with a dealership in

greenwich. seattle. working with banks. they are trying to market it and hype it. carol: bloomberg businessweek is available on newsstands. oliver: also through our mobile app. carol: i love the story by jeff green. it is about collecting information on opioid prescriptions. i love it. a private sector company really tackling a big national problem. i thought it was fascinating. oliver: i like the story about steph curry and andre iguodala and even though they are up at the top of their game in sports they are thinking about managing money. it is important because you hear these athletes about having great wealth and not preserving it. these guys are so popular, so influential, people look up to them, this is important. i think it is a great story. carol: they are actively involved in businesses. oliver: more bloomberg television starts right now. ♪

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♪ emily: i am emily chang. this is "best of bloomberg technology," where we bring you the top interviews in this week in tech. samsung's attempt to steal the smartphone thunder from apple. we have details on both devices. plus, mutual funds take into year of drama. could new sales stats boost investor confidence? as the price of bitcoin surges,