until that. the measure is expected to clear the house. five people are missing after an explosion at an oklahoma drilling rig. the cause is still unknown in the oklahoma medical examiner's office wasn't able to confirm any fatalities. courtnnsylvania supreme said they violated the constitution. the ruling is a major victory to benefittic voters republicans. secretary of state rex tillerson met with his british counterparts. tillerson says he sees progress in garnering european support in new penalties for rock -- for a rock -- for iraq.

news, 24 today, by more than 2700 journalists and in more than 120 countries. bloomberg technology is next. ♪ >> i'm emily chang in this is bloomberg technologies. coming up, the best performance ever in the fourth quarter, adding more than 8 million customers in the quarter. we will break down the results. plus, amazon go is open for business. we take a look at the brick-and-mortar store. and facebook makes a critical admission regarding societal impact.

why it say can have a negative impact on democracy and what it is doing it. ever.x biggest quarter shares are jumping and the company's value past $100 million for the first time ever. -- lucas, break it down. one of the highlights and where is the strength in the subscriber growth? netflix is making more programs -- look at the slate of shows they released. they have a new season of stranger things, the crown, new .hows in the punisher they had this big movie with

will smith. we don't know which of those shows were most popular, but based on some of the data that nielsen released, those would rank among the biggest hits in the u.s., also globally and that explains how they at more than 8 million customers. >> the stock is soaring. i want to take a look at this chart which gives you a look at subscriber additions in the performance of the stock relative to that and it seems that the stock performance is becoming divorced from how many subscribers they have. would you agree? -- for some time. if you look at the actual cost cashls, netflix flow is -$2 billion.

they are burning through money and still not that profitable, but investors are convinced that netflix, which added 19 million customers in 2016, 20 4 million in 2017 will keep doing that across the globe. >> reed hastings said the company took a $39 million charge that they decided not to move old way. how much does it have to do with the kevin spacey issue and other kevin spacey projects and how much of this is other projects? i have to believe it is related to kevin spacey because they both had to adjust the new season of house of cards in the middle of the quarter and a scrap this movie that kevin spacey was involved in three to have not announced any other

high-profile projects, but the time he certainly seems to suggest it is kevin spacey related. >> we will continue to monitor netflix after hours. , owens is arom l.a. .eteran producer howard, thank you for joining us. as i said, you have been producing original content since long before netflix was in the game. shaken up youris job in the entertainment landscape? it has really made our job more fun. playerse global content where there used to be domestic distributors. --flix is building a global

premium content brand. we were excited to see the numbers and they are excited to see where that is coming from. our company is taking a big bet on the growth of forum content, particularly between emerging markets. >> apple is a new entrant into the original content game and you guys are behind planet of the apps. what did you learn from that experience about apple's strengths and weaknesses in this game? >> apple is a lead-in company. in.entire company got one of the benefits that apple has is their ability to create incredible to that they can then

use to deliver and drive premium content and sell apple's ability not just to create content, but andreate apps on a platform support interactive tv as well gives apple a real advantage, amazon, andflix and potentially like hulu, there are now these amazing global technology companies that deliver specialized content and it is not just domestic anymore. it is really a global business. we want to take advantage of these of not only for global for globalbut also streamers to start investing in local content across the globe. >> apple has been snapping up new content from amazon, from

sony. what you think the prospects are from apple to take on netflix and amazon? >> i think it is a big bet. i think netflix and amazon have big head starts. apple is a company that has very specific dna. they are used to disturbing film and television and apple has a very strong team. i think this is just beginning and i would not bet against apple. >> you have announced new blacking from the ring group and you say this will go towards new ventures and acquisitions. ventures younew think are most exciting and that you would like to explore question --? >> some of the things are

constant abled -- enabled. i noticed 9:00 on the web -- west coast there were participants playing. there were new ways to deliver content curious as i think you might know, we invested heavily in the podcast business, meaning we have taken some the most successful podcast on -- podcasts and argument -- beginning to create video content like amazon, oxygen and others to be announced soon. there are new ways that content is being shaped and created. we really like the ability for certain segments of the market made first and that content is not really being created yet on a premium level

and there are billions of people that have cell phones that use that as their primary means of receiving video or other information. there is a vast need for content in emerging markets. we view that as a huge opportunity. >> at the same time, you have traditional players making moves as well as a. disney and fox merging their. like that impact producers like you? >> that causes us -- i think it's good -- i think that deal in particular is one that should a global streaming device that disney gets behind. for amazone balance and netflix and apple. as a producer, it provides

another buyer on a global level that is going to be hungry for content and that is great for us. and content creators that specialize in scripted and unscripted and documentary and short form, these global players present a unique opportunity not only for growth, but for new markets and the ability to create new formats that are transportable. gateward own from popper -- proper gate content. you can follow along to the reactions at tv . in the biggest blow to renewable energy, present flow -- president trump decided to impose tariffs on imported sooner -- solar panels.

solar -- coming up, amazon is at it again, further disrupting the brick-and-mortar industry by introducing cashierless convenience stores. and boomer tech is streaming live. this is bloomberg. -- bloomberg tech is streaming live. this is bloomberg. ♪

>> just last week, amazon announced it to dollar month increase for prime monthly members. the spike in price will generate an exit $300 million annually for amazon. monthly.bscribers pay amazon is making a play for the struggling $550 billion convenience store, unveiling amazon go in seattle. grabtore lets shoppers what they want without seeing a cashier. give us the lowdown. >> we have been here since about

lunchtime. at lunchtime, there -- the line was around the corner. this is a store where you walk in. you have an app on your smart phone. inside, you pick from's images, salads, meal kits, a lot of traditional convenience store staples like note in a. everything is built-in automatically. you just walked out. they are trying to make checking out logjams history. >> are there security guards? are there clerks to help? are the folks there to prevent theft? staff is not at issue. today, there's a lot of amazon people on board. they are definitely rolling out the corporate today for people

excited about the new technology. they are limited by the fire code. they say that technology can handle big crowds, but you can customers at a time. inside the store they have a number of employees preparing them -- sandwiches and salads the -- salads. they also have people who are stocking and replenishing the shelves and a small beer in one section to make sure anyone there is legal age. >> this is the first door. how weekly do we expect amazon to roll these out? >> i'm sorry, you broke up a little. do you expect amazon to roll out more stores? not broadcast anything. they said they're are going to focus on the store for now and they have been in beta testing for more than a year.

jobshave hired enlisted for people specifically for amazon go. thanks like site selection managers and construction managers. we can expect them to bring this to other markets as long as they are happy to what they're seeing in seattle. similar to what they have done with their bookstores. do you think these amazon go sorts could disrupt the industry? store entry is very fragmented. or than half of that is gasoline sells. more than 200 million -- $200 billion foods and moving towards fresh food. they are looking for a market for the on the go person curated it is like a mini whole foods --

person. it is like a mini whole foods. amazon is trying to get closer to customers and there's nothing closer to customers than convenience stores. you for that report. coming up, the reports emerging that one of the most high profile executives at twitter may exit the company. no-nol talk about anthony 's future coming up. ♪

revolving latest door, coinbase is looking to overhaul. years, herst five group handled millions of customer interactions every month. in the meantime, one of the biggest visit twitter could be leaving the company. the previous one left the company in september. shares of twitter depth on the news as anthony noto -- what is happening? pretty big blow for twitter. as reported, they are finally gaining steam. upgraded then

passer months investigators see his key to the overall strategy. he has really been this present force throughout and he is the one who has been spearheading this content strategy that played a key role in boosting the company. >> time i interviewed anthony noto, he was making deals up-to-the-minute. we talked about how he has been the heart and the soul of the company. who would fill that void? >> they will have a hard time and has a unique background. he took twitter public. he was at goldman sachs for a long time. he has that traditional background, yet also has proven he is able to execute a product

vision. at the same time, there's plenty of reason why he would want someone with this background. he is a high-profile ceo that they need to turn the business around after months and months of sexual harassment to request let's take a look at the quote from the last interview we did were we asked him about working with jack dorsey, a guy with two jobs. take a listen. >> i love looking -- working with jack. we approach running the company as a team focus on specific priorities. we divide of the day, up what is most important to accomplish. i would not want to work with anyone else. >> in any world, just move on

-- and promote noto they are really negotiating how they are going to counter offer. this pointlikely at unlikely. both of these companies, square and twitter come of these artist 80's. he loves these companies. i have not spoken to a single person that has complained about despite the fact he is -- i think it is interesting that he said divide and conquer. it will be hard to replicate with another person. jack has been described as more of an integrated -- introverted thinker where as noto has been

described at a -- as a cheerleader. that would be very hard to replace. quest coming up, not such shares soaring after its biggest quarter ever. >> if you like bloomberg news, check us out on the radio. this is bloomberg.

>> you're watching bloomberg technology. there's a check of your first word news. the senate voted to end the u.s. by passing autdown

temporary spending bill that runs through february 8. the house of representatives will vote tonight and it is expected to get to the president's desk. president trump has grown frustrated with wilbur ross over the trade deficit with china. sarah huckabee sanders tonight any friction. military continues -- the turkish president wants to oust kurdish melissa from the area. it has ties with washington and complicated efforts to end syria's civil war. south of his ruling party says it is considering whether to order president jacob zuma to step down. after a four-day meeting, the parties secretary-general says no decision has been made and

denied reports that a departure was imminent. bloomberg. we are joined by david in place with a look at the markets. wall street will not be catch down. investors don't care. we have seen pretty much everything thrown over the past 24 months. same story in the pacific. it looks like we will be seeing gains across major markets. futures signaling gains in about 30 minutes.

japan front and central. have the press conference and about eight hours. no change expected, although expect governor kuroda to take a lot of questions when it comes -- veryer or not a quick look across. that is a wrap of your market. more from bloomberg technology next. >> this is the technology. back to our top story, netflix shares surging following a massive quarter.

the stock has been on a care -- they tear. joining us now from new york, paul sweeney. int would you highlight here terms of where the growth is coming from? >> this story continues to be an excellent growth story. where we are seeing really for the last year, the majority of the growth is coming from the international market. over 6 million new subscribers coming in so that is where the isure growth of this company going to be. the market is much more highly and -- penetrated so if you're thinking of longer-term growth, it is going to come from the international markets.

at least often the numbers today, the momentum still in place. >> what is your take on the amount of money netflix is spending on original content. tosome point are they going have to pay the piper question mark >> i think they will. netflix has to pay for them at some point. the good news is, they are adding subscribers and subscribers are paying more and more. the u.s. markets, which is a more mature market is seeing improved profitability and we are starting to see it turn the corner. said theycompany that will have negative free cash $3 million to formally dollars. point, they need to stop going to the debt market the or

operations of the business has to fund and longer-term, they should be able to grow into it. appleiously, there are -- is hiring new executives from amazon to see. who -- as more of amoves traditional player, but showing it can also be nimble. at what point can netflix get longrtable or is that a way off? >> we are not seeing netflix pullback at all. i think we are seeing them accelerate some of their investments. half of spending will be for original programming so they have the biggest programming budget in hollywood. what we are starting to see is some of the technology companies that their tell and by

billion for 2018, companies like apple, facebook and google are dipping their -- toe.co- what happens if one of the companies decides they really need to get into programming in a big way and they recognize online video is growth and they decide not just to dip their toe, but jump into the deep end. the lifting we have seen recently is disney announcing to buy a lot of the assets of 21st century fox. >> we will be watching how that shapes up. moving on, i would like to take you back to september 2016. take a look. >> personally, i think the idea

that fake news on facebook is a very small amount of the content and influence the election is a crazy idea. >> mark zuckerberg speaking there. it really does feel like a lifetime ago that facebook was defending his companies limited role. his company technology opposite. here to discuss submissions, bloomberg has been covering the story. the latestabout

admission from facebook and what is behind it. -- the company has dug deep into how big of a problem the sister if there has been a lot of -- iting that facebook really is crucial moment for the company where they have to figure out, people realize the extent to where we affected democracies. highly fix it. what is our moral responsibility and in the tone of reflection, where does this role of government fit into the picture? >> we spoke to facebook investors who have been on a tear about facebook responsibility.

they are suggesting perhaps even two from facebook. it is the -- is that something that facebook whatever do? keeps announcing it seems like every few days there is another thing they will attempt. allow the ranking of news and algorithms, so they will take small steps. i think everything is up for debate. news is moving from 5% of the content to 4%. they are trying to focus on friends and family. they are really doing a comprehensive look at exactly what facebook should grow up to be. >> what facebook do to make sure

it has a positive impact on democracy and how does it remain neutral, which is the ultimate goal question mark asked it is incredibly interesting because as they build out things to be ,eaningful and time will spent they are saying i'm not sure what that looks like on an earnings report. the company has been saying they have a lot that they can do to make democracy better around the world. they are trying to make information from ballots and you can check from your friends what they are voting for and why. aey are trying to make it little bit of a place where you can interact with things that come back -- affect your community.

it is going to be difficult for people to realize those things .xist >> you have been covering facebook for a long time. if you don't often hear the company admitting this kind of power. does it seem like facebook is really listening or are they most common to the denominator question mark >> i think the company realizes the spotlight is on them. i have tried things that just get backlash and no matter how they print. the company is run by a lot of people who are very optimistic about how the platform can affect society. i think there is a shift happening where they are ok tong to realize it is

talk about the ways in which we negatively affect society. this month, they said spending time on social media can negatively impact your health. these are things facebook of two years ago would never say. >> meanwhile, rupert murdoch calling on facebook to pay for publishers content. >> i think outsiders will look to take advantage of facebook's willingness to compromise and change. if rupert murdoch wants to raise his hand and say maybe a solution is paying more money, there's a good chance that facebook will listen to it. >> thanks so much for your analysis. >> coming up, we speak to the head of deutsche telekom about their u.s. expansion plans and what it could mean for t-mobile.

this is bloomberg.

-- emmanuel macron has called for paris to be an international hub. google says it will create an ai lab dedicated to fundamental research. facebook says it will double its by 2022. to 100 that includes $12 million in hardware spending. t-mobile is the third-largest

wireless carrier in the u.s.. t-mobile is made by deutsche .elekom planning making are independent from the dollar and .ts development it, everything which is to be translation floating in our numbers. -- if we buy something or pay for,ends -- coat -- going is a growing market. it is a market where the payback of your investments is something

that is predictable because it is not something that is just regulated here. , it isx reform supporting our investments. have been out of a job. optimistic with the investment and the people working on the ground and i'm not concerned about this currency. >> do you expect to invest more, given the strength of the tax reform bill? >> i think we have a sufficient .ase because 31%ear path

is without, so we can improve the coverage of our network. immediately going to convince them. -- our company is on full speed. >> goldman sachs upgraded to a buy and raised its price target to $49. tsm will pick up earnings growth and also expects the corn mining to contribute and improve forecast in 2018. coming up, what comes first question mark the flying car or a fully autonomous taxi? what he has to say next.

this is for bloomberg subscribers only. check it out at tv . this is bloomberg.

>> the house is voting on the short-term spending bill after legislation was passed in the senate. in's -- model agreed to address democratic demand that

congress restore protections for immigrants ought to the u.s. children. uber says flying cars may come within the next two years, but fully autonomous taxi's are 10 to 15 years away. now, senior executive of global tech, brad stone who wrote a book about uber. is what he's saying here realistic question mark -- realistic? certainfeel a responsibility to say yes it is in the u.s. for regulatory these aircraft are small vertically and they are very quiet.

i'm a believer in the technology . there are other private companies around the world and you could start to see this technology volatile and maybe some developing nations where he can't really traversed the streets. uber says it will be inexpensive. i think it is-- about five to 10 years away. >> what do these remarks can find about his long-term view of uber's business? >> getting the skeletons out of the closet. we've got some breathing room. he talked about expanding in germany. clearly a different note there, but i think the fact he is still talking about comes cars shows

he still has a vision. he is still trying to push uber into the next revolution. >> how does this fit into the self driving concept that travis kalanick started? >> these are transportation options and i think it seems to me economist cars maybe below bit closer. it is like the future of transportation. >> he will be speaking later this week. chores is making over tour regulators. given the difficulties, how important is this trip for him? >> i think it is big. they are still recovering and

the more he can get out of there , the more he can talk about expanding in conjunction with regulators. these are all good things for over -- uber. >> do we have any sense of whether regulators are responding to these overtures or whether they want to punish who are longer? think we saw in london where the appeals process is still ongoing. when dara went over there and met? they all had great things to say and i think the feeling is they will get past the regulatory problems so it is important. i think it is one of the reasons coo said he can be diplomatic.

>> you have all of this in your book, the upstart. , brad.ou this tuesday, our bloomberg editor-in-chief will be speaking with uber ceo. be sure to catch that. it will be airing throughout the day. does it for this edition of bloomberg tech. that is all for now. this is the number. -- that is it for this edition of bloomberg tech. that is all for now. this is bloomberg.

♪ >> 7:00 a.m. here>> in hong kong. welcome to daybreak asia. shutdownn reaches a solution. seem indifferent to the drama on capitol hill. investors turn to high-profile earnings. headquartersglobal , the not that raising his outlook. issues in the past present a were a threat.