tv Bloomberg Technology Bloomberg February 9, 2018 11:00pm-12:00am EST
11:00 pm
i am mark crumpton in new york and you're watching bloomberg technology. let us start with first word news. president trump praised rob porter, the former aide who resigned in the wake of domestic abuse allegations. >> we certainly wish him well. a tough time for him. he did a very good job when he was in the white house. and we hope he has a wonderful career and hopefully he will have a great career ahead of him. mark: the president says he was surprised by the allegations but suggested giving porter the benefit of the doubt. he also called the news very sad. a white house spokesperson said
11:01 pm
the chief of staff, john kelly, has not offered to resign after an abc news report said he wakeed to step down in the of the rob porter scandal. reportedly fought to keep him on the job despite the accusations reportedly fought tp of spousal abuse. porter resigned this week. a person familiar with the matter said in a meeting of subordinates on friday, kelly encouraged them to spread the word. global news 24 hours a day powered by our 2700 journalists and analysts in more than 120 countries. crumpton in new york. "bloomberg technology" is next. ♪ >> i am cory johnson in for
11:02 pm
emily chang and this is "bloomberg technology." coming up, a volatile week in global equity markets come to a close. finally and thank god u.s. stocks gaining on the day. the big tech names were the leaders on the downside and on the upside. we will take a look. plus, uber settles. and amazon is stepping up its o create deliver -- tw its own delivery business, leaving ups and fedex behind. first, what a day on wall street. stocks finishing higher ultimately. down in the last hour. more than 1% across the board. tech companies leading some of the gains. anyone's guess for what can happen. friday with so much volatility, it is turning out more than 1000 points today. amazing to watch. a massive decline earlier this week. this is the biggest weekly losses of the year and going back quite a ways.
11:03 pm
let us go to abigail doolittle with a look at it. on bloomberg radio, we were all watching the crazy swing in the last hour when the market went down to way up. abigail: unbelievable. the entire week is unbelievable. today mimicking tuesday. relative to the week. selloffwe had the huge and on we have the markets tuesday, swinging between gains and losses in a rebound rally. similar to today. we have a big selloff yesterday. one point near the open, major averages up more than 1% then down 2% then up down, up down. at the end it was hard to watch -- at the end, it was almost hard to watch. it was like watching tennis. what way will it go? the end of the day, the buyers did take it and frenzied buying action. buy the dip, if you will or the fomo, fear of missing out. it is a nice way for investors to end a wild week but interestingly, cory, when you take look at the technicals, a lot of the major averages look vulnerable to the downside, considering their below
11:04 pm
important moving averages. the 50 and 100. the s&p 500 hit the 200 moving day average. that tells you sellers are lurking. it'll be interesting to see how it plays out next week. cory: i know how you love your technicals. yesterday, there was a really decided bounce when that happens. abigail: there was a bounce but it was interesting. i will show a chart i have been showing all day of the s&p 500 relative to its 200-day moving average. this is the nasdaq relative to its 200-day moving average. the work to the downside is ahead for the major averages. in fact, the russell 2000 is moving definitively. cory: what is at the bottom? abigail: this is pretty interesting. it is actually the spread between the nasdaq 100 and its 200-day moving average brady -- moving average. it goes all the way back to 2011. if you recall the big rally out
11:05 pm
of week 2 from 2010 into 2011, at that point the nasdaq 100 was about 18% above its 200-day moving average. very overbought. in august and september of 2011, we had a big correction dipping back down. similar situation here. not so long ago we were 60% above the 200-day moving , now getting closer to the 200-day moving average about 4% above. if we do anything similar to 2011 are any corrective time periods, it could be overbought. apple is a piece of that. they put a somewhat disappointing quarter. missing that shipments, apple right now on pace if you can believe it for its worst year since 2008. that is a piece that some investors are forgetting about. some disappointing earnings reports there. cory: joe weisenthal tweeted today the dow is moving in 100-point increments.
11:06 pm
the changes were so extreme. i think i really do want to see you do one of those hashtags and emoji's up your analysis using the tools of modern society. fomo for example, why not? #fomo. abigail: i sent out a tweet not long ago talking about a wild week. it ended on a high. but i put a little jaws emoji because that is what it is like. you have the jaws-biting investors and everyone think there is a bottom. and then the floor drops. it seems like it can continue as it goes on. those names having their worst week since 2016. sort of a bright spot. bitcoin. bitcoin has been higher on the week. investors a little less worried about regulatory pressures. and the great quarter out of nvidia. cory: bitcoin miners is an
11:07 pm
important part of bitcoin chips. abigail great stuff. , we will have to fomo without you all weekend but we will see more of you next week. thank you very much. let us bring in dan flax, our senior analyst covering the debt sector in new york. he has seen a couple of market cycles. what is your emoji about what we saw this week in trading? >> a little bit of a lightning strike because the markets have a clearly, the markets had strong 2017. i think some of the volatility we are seeing is concerns about inflation and rising interest rates. stepping back, if you look at some of the fundamental drivers for many of the technology companies, the build out of cloud, next generation networks, we think the fundamental story remains on track. if you look at the microsoft result they were healthy and we continue to like that name on the long-term basis. cisco, which reports next week, we think they are continuing to execute well on the transition
11:08 pm
to more software and services. they've executed well in the security business. isther name we point to motorola solutions. they hate -- they have done a good job executing in public safety. we think there are a lot of opportunities in the market while the volatility may continue long-term. we think there are attractive names here. cory: one thing i think people do not understand when they think about a rising rate environment, if you have this cash flowing out, that number goes higher. companies have to earn more. an appropriate revaluation down of even high-growth names we see in technology. dan: i think that is reasonable. what i would point out is if the revenue and earnings and cash flow are able to grow at outsized rates for these
11:09 pm
companies in our view, there are , still shares for the company's -- there are still shares for the companies to outperform. cory: then why is motorola losing? it is 5% topline year-over-year. dan: we think the magic of motorola solutions have been a margin expansion and earnings story. we think the earnings-per-share growth is actually more than two x that rate. the reason i mentioned in my guys because we think there are pockets of opportunity in the market and there are stories that have powerful drivers in the case of motorola solutions. cory: we are seeing operating margins go up from 20% to 27% over about a year. that is what we want to see. as we start to select these names, let us imagine we have a market bumping along for lows instead of the rise we have going back to 2009.
11:10 pm
what is one of the characteristics of the technology stocks -- i should say technology companies, post-sox you want to invest in? dan: we're looking about companies that want to build platforms. the advantage of being a platform company as you can attract people on both sides. for example, if you look at amazon -- which there's obviously a lot of debate about the growth rates and the future of the company, but ultimately they are bringing together buyers and sellers in their core business. they have also built up amazon web services, the biggest cloud platform. companies able to build these digital assets have robust growth opportunities over multiple years. we are still likely to have volatility in the stocks. these companies need to execute and competition is fierce but, if they are able to manage through different cycles, they have the ability to create tremendous amount of value for all of their stakeholders. cory: there is also a weird thing that we've seen.
11:11 pm
there are people on wall street who have never been around an environment of raising rates. they are going to see things they have never seen before. they are not young, just younger than the bull market. dan: i think that is a fair point. looking at companies specifically and their fundamentals, in our view, even in an environment where rates are rising, if companies are able to develop their businesses and grow and take advantage of new opportunities, even in that environment, there are opportunities for them to continue to create value. certainly, rising interest rate environment can have an impact. i would suggest if rates rise gradually, it is a little bit easier. if you have shocks to the system, certainly the market can react more negatively in the
11:12 pm
short term. that is what we tried to do, day in and day out. cory: i did pull up the operating margins in green for the motorola solutions. we're pointing out exactly -- you are saying if there is moderate growth the business is kicking more into the bottom line. you should go to your bosses and get a raise. you have done a fine job this week. -- billions ofs dollars with a stake in the e-commerce market in india. walmart's stake will be as much as 20%. part of the deal will boost the valuation 20 billion u.s. dollars. coming up a trial that , captivated silicon valley. for a week. it is over. a deal with waymo and uber comes to a surprising end. we will bring you the details,
11:13 pm
11:15 pm
11:16 pm
0.34 percent stake in uber. guys, let us start with our legal guy. you cover a lot of trials. these trials rarely settle early. they rarely make it to court. he spent a lot of time in the court. how unusual is this? >> it is surprising that this case took as long as it did to settle. i think it is a reflection of the emotions behind it for each side. there is an emotional component to trade secret suits. cory: what do you mean emotional? >> i think google generally -- genuinely felt -- >> alphabet ceo here was angrytt about everything that went on. all the former -- they saw all their former employees go to their competitor, right? >> there is evidence -- hard
11:17 pm
evidence that there was wrongdoing done by the former employee, anthony levandowski. real evidence a very bad behavior that over, in fact, -- uber condoned by hiring away from waymo. cory: that does not necessarily condone. anyone can hire away and it does not mean you are condoning illegal behavior. what was it like when travis, the ceo showed into court and had a couple of days of testimony? it seemed like this really hinged on what he said. >> i think that is a bit overrated, though he did a good job. there is no denying that, and that certainly helped uber's position and gave him leverage. cory: maybe google are waymo thought we will win the case based on his testimony. >> not the case. the testimony that came after was when they were trying to hit hard. i think they knew they weren't going to get the goods out of
11:18 pm
him and that was the gamble. ultimately, waymo got what it wanted out of the lawsuit. cory: look at this great video our team captured in the wee hours. it sound like there was a scene. so many journalists, when of those parties. >> yeah, tons of reporters there. different people from a company. tony west, uber's chief legal officer. [laughter] >> tony west. >> chief legal officer was there. people coming in and out. who we didn't see was larry page, alphabet's ceo. they settled before he had to testify. on the standquirm before their of executive had to get on the stand. >> this cost a lot of money. $235 million in equity that over
11:19 pm
had. they spent $680 million to acquire lewandowski's company and they probably spent out -- our bloomberg analyst was on the radio and said it probably cost them $50 million to go to trial. >> eric can speak to the money, which it was not at all. i think the real cost are here for over was a public relations disaster. this was a steady drip of that information coming out about uber and what it did to get the engineer at the center of the lawsuit. that was the real price exacted, i think. they paid rich dividends over a course of the year and a public relations attack. >> the acquisition of auto in the first place and developing $600 million in equity earn outs. a lot of those earn outs have not occurred. some of the payments may have been $100,000, we're talking about. i would take that number. the number is 0.4%.
11:20 pm
-- the important number is 0.34%. they are taking less than 1% of over, one of the most -- uber. softbank valued uber at $54 billion blended. the $74 billion they are using to come up -- cory: is that what they're using? >> yes. cory: and they have to do that or else we do not know but we think you might trigger issue into new shares to late investors, so they will continue this phone evaluation of $72 billion. >> this comes from waymo. what this is actually working, you can do the math. cory: it is not worth that much. >> yeah yeah yeah. we did a news story -- somewhat between 150 million in $250 million. still a ton of money.
11:21 pm
cory: let me try to explain a little more clearly. for those of you keeping the score at home. there was a valuation at softbank that agreed to pay for a little bit of their investment equal to the earlier valuations of uber. it is possible that the people who paid those valuations got a promise that there was ever an official lower valuation they would be issued more shares, which would have diluted everyone else. uber does not want to trigger that so they continue to use this ridiculous number of serving the $72 million, even though they let softbank by lower than that. to do get a sense that something changed this week? that it was going in a different direction?
11:22 pm
>> it was not going as well for waymo as i think they thought it would help -- hopes and i think it went better for uber than would have been the case. when you got your most of waymo's case and they had sized up what they had, in terms of the settlements and the money, i think the money did not matter. i said all along the money did not matter. what we learned is uber has agreed to not use the trade secrets that they would do the design around in the hardware and they also agreed to not use waymo software, which they tried to get into the case and failed. underneath the surface, they got what they wanted out of the settlement. >> to zoom out -- i think we lose track of how much waymo got out of this. uber's ceo has changed in a letter -- the demands made against travis, part one, one of the big problems was waymo. anthony levandowski, the man that got everyone angry, was fired. cory: let me give myself the last word.
11:23 pm
two things. a friend of mine worked with lewandowski and said the sky was so impressive that he could walk into a room and listen to eight different arguments and put them into two ideas and have people start to figure things out and he was a truly impressive guy. he might still have a future in silicon valley, which would not think. another thing i will say is everyone in the valley had such interest in this thing because the idea of dealing ideas and moving with documents from one company to the next, i cannot believe how many parents of lacrosse games are people at cocktail parties would bring this up. thank you much both of you, both for bloomberg news. covering a brief trial for us. thanks guys. alibaba pledged to create one million jobs in the u.s., but will they? we'll head to the olympic village to hear about the company's impact on that promise so far. this is bloomberg. ♪
11:25 pm
11:26 pm
winter olympics in pyeongchang and says the company is on its way to great million jobs by millions way to create of jobs by 2021. >> we created millions of jobs in 18 years sitting in our platform and it is too early to quantify how many we have created, but we know based on the mime a business we are doing that jobs are being created. cory: he talks volatility in the equities market. global take a listen. -- he talks volatility in the global equities market. take a listen. >> i am not concerned about short-term volatility, i think the fundamentals in the world in terms of gdp growth and the way markets have responded on the back of the financial crisis, while not everywhere, is looking good. most of the world looks pretty good. cory: coming up, amazon continues its move towards world domination. leaving ups and fedex in their wake. "bloomberg technology" is
11:29 pm
retail. under pressure like never before. and its connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver.
11:30 pm
mark: i am mark crumpton in new york. you are watching "bloomberg technology." the budget bill president trump signed on friday include huge spending increases for the military. the biggest year over year windfall since the budget soared in the nation was fighting the wars in afghanistan and iraq and expanding national defense after the 9/11 attacks. in total, the $700 billion budget spends more on defense spending been china and russia. the number two at the justice department plans to step down.
11:31 pm
brandt is- rachel leaving for a general counsel position in the private sector. foris next in line succession behind rod rosenstein who is overseeing robert wheeler special inquiry. citing deep divisions, european chief weapon negotiator warned friday that talks over a transition period could fail. separate discussions are being held concerning the border with ireland. this throughving the fixing of the relationship. to protect the north-south cooperation. vice president pence unattended the opening ceremony of the 2018 winter olympics in pyeongchang, south korea.
11:32 pm
he did not speak to the north koreans. besaid the games should not used as an opening for substantive talks until the north's nuclear program is up for negotiations. --. olympic committee used a to apologize once again to athletes abused by disgraced dr., larry nassar. it both thosen, that chose to testify and those that did not, have demonstrated tremendous poise in the most difficult circumstances imaginable, let me say this. the olympic system failed you and we are so incredibly sorry. to send also failed representative to listen to the testimony at larry nassar's first sentencing hearing. more than 150 women and girls testified in detail about how they were abused. global news 24 hours a day
11:33 pm
powered by our 2700 journalists and analysts in more than 120 countries. in new york, i am mark crumpton and this is bloomberg. ♪ cory: this is "bloomberg technology." i am cory johnson. amazon may now be looking into getting into shipping. comes up expects to roll out a service in los angeles in the coming weeks. amazon is testing out a delivery service since fall -- and with me and san francisco, let's set -- let us start with you. what is the news here? how does it differ in what we reported in the fall? >> the news is that they are
11:34 pm
ramping up further and they are getting closer to executing. amazon is looking at making deliveries on behalf of its merchants. and the big thing is amazon making deliveries from the warehouse is owned by their merchants, not just their own warehouses which they have been experimenting with with the service, amazon flex, and uber type thing where people who spend time in their own vehicle can make the deliveries. the big thing here is amazon making deliveries from other warehouses other than their own. cory: we are showing amazon rented planes, and the contract 30 or 40 planes, is this something last mile or first? >> last mile. that is the big thing. last mile is always visible, you -- last mile is the most visible. theyone is used to seeing big brown ups truck in your neighborhood.
11:35 pm
and amazon is heavily in the logistics. it is third-party logistics for its merchants already and for years, and this is the most visible form of logistics, which is the last mile, the two your doorstep delivery. cory: we talked about what amazon will look like in 2020 and one prediction we talked about amongst ourselves is about the global need for shipping and amazon is greater than anyone can do, because nothing is big enough. jitendra: if you look at their shipping costs, it could be upwards of $60 billion by 2025. which is feasible, and what that entails is that investments have to go up. if you look at this news report -- cory: let us put this in context
11:36 pm
here. ups make billions in revenue. jitendra: you have to think about how much of the shipping costs are increasing and how do you scale that to skill revenues, and if you look at this new story, what is interesting is that because they come out for half of amazon's gross sales, this is a big piece. that amazon handle all of your e-commerce need. cory: amazon will handle your transactions, amazon will ship your product, amazon will arrange for someone us to ship it. jitendra: and the warehousing as well, so this connects the equation and becomes a one-stop solution. because third part -- third-party services is a big part of the revenue engine and makes it easier to attract more third-party sellers. cory: it seems to me web
11:37 pm
services is a model here because web services started with amazon's need for peak capacity of computing that they didn't really need most of the year. so why not sell it to other people and all of a sudden what services is born and becomes their second-largest business. you can see how they will view shipping the same way, a might not meet so many in june so they can rent out that extra capacity in june. spencer: they definitely need the capacity, and another thing to consider which makes amazon uncomfortable is that there is a shipping duopoly of ups and fedex. if they are too dependent on them, and they have pricing power over amazon, so the best defense is to vertically integrate and try to do that on your own. a big tie-in is the grocery push. the big thing groceries bring to the table is frequency. it is something that people by regularly. if amazon establishes volume,
11:38 pm
delivery volume around grocery even if they're not making , money, that is a good way for them to load extra things into the basket, extra things onto those tricks that are delivering groceries that are higher-margin. cory: you think this is going to be global for them? jitendra: internationally they are stronger in handling their shipping, if you look at india for example. it will be big and supporting -- in supporting the program more than it will be a standalone service. makehe holy equation to money profitably, it will be hard for them to be the scale of ups and fedex, but if they marry it with third-party services -- and they collect seller fees, then it starts making more sense. cory: sorry, for the third-party stuff they are shipping, they won't just do shipping to amazon customers but wherever the third-party sellers want to sell their stuff? jitendra: yes.
11:39 pm
cory: interesting. always a pleasure to talk with you. we will do some more of that. i like it when you make amazon uncomfortable, i know you like it too, so keep doing it. thank you very much. sticking with amazon, the company has tapped jennifer, a longtime tv executive with hits like this is us and the blacklist, and the search for an executive for the studio -- the executive resigned after sexual harassment accusations. will talk to a man who has grandiose plans to keep the planet from overheating. a cool and crazy idea, and we are bringing you the best interviews from the week, including a conversation with paypal cofounder max luncheon -- levchin. and ceo of a company called sim tech.
11:42 pm
cory: youtube is going to spend all ads on a channel for broadly damaging videos, this is a big story. he appeared to show a body hanging from a tree in japan, and he is one of the highest-paid youtube stars, and his income stream is expected to be millions and millions of dollars. you are probably familiar with the dangers of global warming.
11:43 pm
blowing carbon emissions, increasingly frequent superstorm's and more, and what can be done about it? there is a group of scientists out there with some pretty nutty sounding ideas to cool the earth. at least they sound nutty. a shield around the earth, and more. it is called geo-engineering, and my next guest is leading the charge to get more resources into this field, antonio, president for atmospheric research studying atmospheric sciences, professor. >> good afternoon. cory: talk to me about what can be done. unfortunately we have to address the notion of climate change deniers out there, they surely will love this.
11:44 pm
>> it is not such a crazy idea after all because there are natural episodes in the climate system within the earth system that have demonstrated that this is possible. for example, in 1991, a volcano in the philippines injected something on the order of 17 megatons of sulfate aerosols into the atmosphere and the small particles actually filter the solar radiation from reaching the earth and actually cooled the global temperature of the planet by .6 degrees celsius over a span of 12 to 15 months. this one aspect of geo-engineering is to do this deliberately if we are serious about trying to maintain our global warming of -- to a threshold of two degrees warming. cory: how do you do that with a volcano? >> great question, it will be done artificially with a series
11:45 pm
of rocket launches, airplane deployment at different latitudes and frequencies in order to decrease the incoming shortwave radiation. that is one technique. another technique would be to fertilize the ocean with iron to cause massive blooms of algae to draw down and take carbon out of the atmosphere and sequester into the ocean. theoretically, it is possible, but there are huge ethical and governance issues about the sort of deliberate manipulation of the earth's climate. an ethicalme example. >> a rogue nation unilaterally decides to geo-engineering, and what are the downstream and unintended consequences of global engineering and how will
11:46 pm
it change global dissipation patterns and down streams from this one rogue nation? there is an area where we don't know. cory: it is the colin powell rule, you break it, you own it. the pottery barn rule. once you are the one tampering with the weather, you are responsible for every flood and every sunken beach and every whatever. >> and in that regard, there is attribution issues, how do you know if it is naturally occurring hurricane and whether it was caused by geo-engineering or not, so this is pandora's box. it is not something we are not necessarily advocating for, but we need much more research so we have a better understanding of what are the unintended consequences. cory: what is the chaos theory notion? when a butterfly flaps its wings somewhere, there is a typhoon
11:47 pm
somewhere else, surely that will come in to place your, but you talk about taking it seriously. it seems that it has been difficult if not impossible to come up with global climate agreements, for example the u.s. coming out of the paris accord and taking this seriously and doing the other thing, that would be to reduce carbon and keep these things from happening and the destruction of our systems. >> that is an excellent it has point. taken us 20 years to get to the paris accord and now we're talking about -- cory: we are not even there yet, it is amazing. >> yes, we need to do the research, but all the nations of the world coming to agree on geo-engineering would take a worldwide cataclysmic disaster to get all the nations the world to agree in short order to dissipate like this.
11:48 pm
-- to do something like this. cory: by the time it happens it will be too late. >> all the more reason to do the research now so that we do know what it takes and what those consequences might be. cory: cool, weird, wonderful stuff. thank you so much. we appreciate it. coming up, facebook what's the easiest for you that you don't like their comments, we are going to find out next. this is bloomberg. ♪
11:51 pm
11:52 pm
relocating to singapore and avoided paying taxes on his massive facebook gains and formed a partnership with boston consulting. are you tired of having to type a facebook comment that you did not like? facebook heard your complaints and the social media giant is testing a button where you can down vote comments. here to tell us more about this is sarah frier who covers facebook on bloomberg. sarah: it is not a dislike or thumbs down button, when you see a comment to the right of the like and reply option, there is a down vote option, and so far this is a small test in the u.s. facebook is not using it to rank comments and is only happening on public posts, those are posts from public figures and media organizations. this is very interesting to me because in 2016 i wrote the
11:53 pm
story of how facebook is rethinking the like button. never wanted to consider having a dislike button because it would sew too much negativity on the side and people didn't want to get on facebook and be upset. cory: it is interesting, they flat-out ripped off the idea of snapchat with instagram stories and facebook stories. says me and everyone else. now this is taking something that reddit has that is popular, and it really is about community. and one can look at reddit and say how come facebook cap on what reddit has successfully? do they have that notion yet -- are going toey take their best ideas from everywhere like apple used to? sarah: there is a lot of concern about the content on facebook and they want to get signals from their users whether or not
11:54 pm
they feel like what they are seeing is quality. cory: is it a fake news concern or is it harassment, hate speech concern? sarah: the trolls who come and write anything -- things that completely cause people to get angry, and get into fights online. a lot of people have talked to me about people spending lots of time on facebook and it is just the arguments that happen between people on different sides of the aisle in the comments, and this takes those comments that are lower quality, the name-calling and harassment, and gives facebook a reason to see. cory: we talked this before, i did financial analysis of facebook and it is striking to watch user growth, the least impressive ever for facebook, which is still a huge audience.
11:55 pm
and yet, we saw revenue per user was up quite a bit, which is the same marker, even though the platform is a growing, marketers are paying a lot to be in front of those users. mark zuckerberg's notion that people should use facebook less and should not be addicted to it, maybe see more feeds from their friends, this goes along with that. sarah: absolutely, i think facebook wants us to focus on quality and not quantity. the controversy about the down vote comment is that it can be easily gamed. if you were a troll looking to look at comments on my post and i don't like you, i can down vote you. cory: are you saying i am a troll? now, you don't like me? this is a rough show. we tell the truth here. [laughter] cory: it would change the tenor of the discourse, and facebook
11:56 pm
hasn't done that in the past. sarah: they're trying to make facebook a place where people have meaningful conversations and time well spent, those are two buzzwords of the year. you will hear it a lot. it is going to be unclear to us for a while of how we get there. cory: i like you so much, even though you don't like me. no downvotes for you. that does it for boomer technology. we are live streaming on twitter. that's it for now. this is bloomberg. have a great weekend. ♪
12:00 am
>> the following is a paid program. views expressed do not reflect those of bloomberg, its affiliates, or its employees. >> the following is a paid presentation. clinically developed daily skincare to reduce the appearance of dark marks, rough skin texture, and wrinkles, and as little as 14 days, for all multiethnic women. >> my mother is from jamaica and my father is from cuba.
45 Views
IN COLLECTIONS
Bloomberg TV Television Archive Television Archive News Search ServiceUploaded by TV Archive on