survivors ofenting the sandy hook and colon bin are in attendance. the shooting spree left 17 dead. survivors of the shooting joined lawmakers in tallahassee to violence.ion on gun >> i beg people that deny this, their want to claim by god given right of their second amendment. we are not trying to away all your guns, just the ones used to almost ocent children every year missed a republicans rifles.nning all the house democrats want to add $300 million to a government month, g bill next wanting the us to bolster defenses against elections and media. counter government funding runs out march 23rd. renowned christian

evangelist billy graham died at 99. ge of he's considered the most 24thential preacher of the century. wang, this is technology. ♪ this is bloomberg echnology, coming up, a crisis video after a safe news calling a teen a priceless actor. witter it said on going accounts. we'll look at factors feeding the outrage among conservatives. affordable options. there's a catch. we explain. our lead.

>> criticism after promoting a title suggesting a teenage survivor of last week's shooting was a paid actor. google's ign of struggle to to suppress fake news on its vidia site. david, a studio that talked out about gun control 17 in park lands florida in a clip from last summer. description reeds "david hogg, the actors. viewers ithm suggested watch a clip with similar claims. a spokesperson to youtube esponded saying: now is bloomberg's tech mark is covering the story. happened. >> people have been gaming google for a long time. someone found a new way to game system. someone uploaded a video.

there was a cbs clip. it in the wave of the conspiracy theories in the hog, a florida consider high school student that is outspoke edge. off on the internet that he's a paid actor. as what happened in the past breaking e around news. eople create the videos with blatant information. hey go to the top of the algorithm. google has a system putting in the ar video, and this was top trending video of the day. mily: let's talk about what an authoritative source is and how someone gamed the system and reliable way - in this case it was not - to categorise video. google. we talked to them. they had a series of problems news.d breaking youtube has been their achilles heel. implement le to pictures phone google search and

google news more readily than an youtube. the explanation is we don't want to limit youtube. an open t to be platform. that's why it's so successful. video and beload a a star creator. a video and load put out a video ta looks like real information. it was a cbs video, but the description of the video the conspiracy theory and the youtube algorithm youtubers watch it. emily: they went on to say as soon as they were aware of the they removed it from trending, and are working to improve the systems. moving forward. said, i did a search before coming on here, there are videos promoting the conspiracy theory idea on youtube. what is the policy about everything else. >> we woke up this morning, west coast woke up to the story how we emailed

7:30 to outube around see if they took action. it's a tough decision for them. video that doesn't fall into different categories, hey are reluctant to be superaggressive in policing regulatory is a concern. saying they don't want to draw the line. this circumstance, it's really rare. i don't see it happening a lot. people t happened where used news clips to push theories. emily: talk about what google has done over the course of the prevent the spread of misinformation, and where the short.es stop >> the focus for google is promising toisers, hire 10,000 people to train systems, do content lot of that is to make advertising friendly. majorave a push, they had issues with top creators,

there's a push for creators to and conscious videos to demonstrate a lot of people videos are not conspiracy theorists. what is next. you think google could take stronger action, not just trending, but of removing it from the site. >> this morning they took down they had in the past year took town more videos than they have pulled ads. i think they are having an intense debate about where to the line. emily: are they hiring to make human le judgments and not relying on the algorithms. >> google has 450 hours of minute.uploaded every it's possible to look at all these things, they can't hire that. to do trending seems to be a natural

fit for a human editor. know they have not made the decision. > whenever there are big news events like this. having a human team to koourate. > they've been resistant to that. look at the problems, there's a lot of facebook problems with a year ago, and a before the election they were and cized for favouring, not favouring conservative content. same, reticent to avoid the problem. emily: still has a lot of work do. mark, who covers google and youtube for us, thanks you. reported afterts the close, a teenage service $188 million. of stock is falling on weaker than guidance. fore kafrts ded that were beaten, that children than ed to more

5,000 hours of music perform uber launches a new product. next. listen on the radio app. this is bloomberg.

emily: $39 a share after the target boofed a bid. down from the best and final bid of $82. all other terms in the proposed are unchanged. response is that

they made an inadequate offer, and worse. vote next month after months of testing uber launching a new feature. uber express pool. the st new product for company in three years, it is bringing a change to the legal model. and cuts the hassles of detours, easier for ups drivers and as check for the passengers. talk to us about how express i l or pool express works - have heard it both ways, how it is different from uber pool. sure. it is express pool. we ask riders to walk a little to wait a little in order have a better ride. it's both more affordable to tem. we can match more efficiently nd the rider is straighter and faster. emily: how many trips in the us actual uber pool

checks? >> any moment we'll cross a pool trips, which is obviously a milestone that we re proud of for a product that launched a little over three years ago. rriving in 16 cities in the united states, uber pool makes up 20% of the rides. of hat are the percentage people that request pool trips who get matched. > i don't have the exact statistic. but typically what we are trying to do is get three people into the car at the same time. because that's where we have the most efficient ride, allowing us to offer the most affordable price. all of us experienced the rides passenger e the only in the car on a pool. that may feel great for the ride.e over time it means we can't offer an affordable price. about the walking that we added, it increases the had of a high quality match. the : i was looking at

coverage, gizmo saying honestly, take a bus. how do you respond to that. if you we test the headline it's a good article talking between distances express pool and a bus. e think that public transit is a wonderful complement and we are a complement to it in terms do. hat we public transit works well on high capacity routes where you vehicles, and express pool works better because it's dynamic in terms of it picks you up and drops you off and in terms of the route. complicated cross-city journeys that pick up and drop half mile from a public transit office. emily: it's a controversial service. riders love it. you can get a ride cheaply. necessarily like it. how do you find a happy medium. drivers break the don't love it into two elements. and rs are worked hard

would like to make more money, they introduce pick off and drop specific to pool. to pay them for the effort they o to make pool work as a service. looking at the nonmonetary component. there has been some things that have done in terms of how we manage the service, making it ass fun to be a driver, such the routes and detours and backtracking that we see, as we a match between two riders who were not compatible. ne of the reasons we want to launch express pool is not to make it better for riders, but well.rs as if you feel uncomfortable sitting in the back seat of a ride. waiting for it to make its way driver he block, your doesn't feel better. money does uber make on uber pool. >> that's difficult to break out. we are pleased with the progress we make as profitability as a company.

saw some public financials, the curve is nice. nice. e are excited that by making uber pool more efficient request xpress people, we can continue on the path of profitability. emily: how much does uber pool to the financial performance, and how much is riving a mission of more democratised transportation. ? we realise uber is not a charity. >> we are definitely not. we are a very commercial business. about uber is the combination of the mission of and g cities work better provide transportation, i think it will be profitable business clearly a and pool is large comment component of that, grow.e that will emily: as uber looks more like does transportation, how the company think about city services. they say that in five years like to see uber running bus systems and city

services.ation does this move closer to that vision? > there are things that we are good at doing, one is providing highly dynamic transportation options. the other is building software. both of those things are compliments to what public transit agency suggests o, swi to have huge infrastructure, and move millions of people efficiently. there are many different ways to partner with cities in the future. we have a pilot with the city of incinnati, where we are starting to explore with the sit and transit agencies, different that uber can compliment public transit. a terms of coordinating at data level and uber taking on some of the lower ridership that are not particularly efficient for public transit to run. joined a month ago. as the toast went viral, kicking off a long series of dramatic moments and leadership changes.

new, you know, the new c.e.o. is there. what has that been like for you as a new employee, and what do guard? nk about the new >> i chose to join uber a jeer go because i knew many good people there who were working hard on the future of transportation. and they were people i believed in. it was a mission that excited me. last a tumultuous year year for sure. i'm committed that a lot of that mirror, and ar view the good people can work on the future mission of transportation. think it has been a phenominal addition to uber, and excited to work with a company where he is c.e.o. emily: uber product manager, thank you for joining us and breaking it down we here from cofounder chris "fair about his book shot", and how silicon valley and s back on income

technology weekdays, this t is bloomberg. ♪

emily: spotify's cofounder running the same place as and googment. they aim to hold control of heir service when it goes voter: nextng super month or early april, shares valued at up to $20 billion. >> facebook cofounder chris was at the epicentre of the start of one of the biggest companies in the world. we caught up with hughes for a episode of bloomberg studio, and began a conversation on income ew book

inequality called "fair shots", stores this week. >> the reason i lead you to it, my story is indicative of an unfairness at work in the american story today. three years worth of work can lead to half a billion in should give ards, people pause. particularly in a moment when wages have not budged in four years, creating jobs, part-time contingent flexible jobs. we talk a lot about robots in the future. coming apart and income ecalty is getting worse. be honest ant to about the unfairness at work, in a conversation about how guaranteed income could restore the american dream. just being devil's advocate, why should we listen a 1%er. >> i'm has a spokesperson for nyone but myself, i'm here to

channel a lot of conversations that i have had over the past couple of years, and a lot of up with at i grew telling my that the american dream is on life support. you can't now, when find $400 in the case of an emergency, which is what half of say, you can't find the cas money to look -- gas for a job or childcare or health care. we know that the economy is a lot of us, the eft and the right, are casting doubt about what can we do about it, to change it. where the guaranteed income xoms in as a -- comes in tool.powerful emily: as you came into wealth, how did that shape your ideas inequality, did you why your own personal transition? > well i mean, i think particularly in my case, where we started facebook, and facebook, over the course of decade, grew and grew and grew and i saw my own growcial holdings grow and

and grow, for the first year i worked. for several years after, i at the company. on different projects. obama, andr president yet the wealth kept growing. it gave me pause saying what is the source of this? it the actions we are taking or major economic forces appening behind the scenes, in a personal way, after maybe's po my husband and i decided to give away the vast majority of the money, because it feels like only way to address the unfairness that is created in the first place. tell me about the discussion. >> when you are fortunate. and you - you come into this kind of wealth, you think about why dides it come from, get and what do i owe other people. growing up where i did, with my family and my husband with his

family, there's a sense we should think about what we owe another. mily: silicon valley has created an incredible amount of tools and wealth, and some say of omes with a sense entitlement for some of the richest people. do you think silicon valley is arrogant these days? >> i think there's a sense, particularly among people who lot of money a lot of the time, and i'm not speaking just of silicon valley, germ, that it's all because of one's own actions. tend to underestimate the power of the macroeconomic forces behind them. automation, e globalization, the rise of finance. case, over the course of the 10 years before it made over , it $500 million in venture capital. financing was not possible 20-30, 40 years ago,

of financial se changes we made in the 1980s, to enough n industry large to support that at the amount that everyone else's wages are flat. billions.as raised i. >> exactly, exactly. facebook is not the only company. trend. so i think it's important to recollection that there are many things that are happening in our culture, government, society, that are creating this wealth in any one individual's contribution to it. prides on valley often ricocracy,being a mer do you think that? we love the board dea of meritocracy, the idea that one person can work their way up and be successful. zuckerberg said in a speech at harvard last spring, the fact taught himself to code in high school, and his parents luckybs was an incredible

break that made it possible for him to be at harvard and us to collectively. think that there's - it's a complex interplay between the role of luck and the role of work. honest eed to be more that all of these successes are both.bination of emily: facebook cofounder chris hughes. of of that episode loomberg c.e.o. 1.5 later this year twitter deletes some account. being accused of unfairness number of. this is bloomberg. ♪

emily: i'm emily chang in san francisco, and you are watching technology, let's start with a check of the news. donald trump is hosting students florida high school

recovering from a massive hooting, groups representing survivors of sandy hook and olumbine are also this attendance. the president earlier said the nation must do more to keep kids safe. president donald trump: you can't imagine the anguish, we the strength of our resolve. we must do more to protect our children. do more to protect our children. shooting spree left 17 people dead. democratic senators plan to a bill to raise the minimum age required from 18 to dellers.un former u.n. secretary ban dialogue id the between the two koreas that began during the winter olympics alive. kept and the us can play a crucial role in the process by engaging korea, despite the regime scrapping a meeting with vice president mike pence at the games. and perrure, at least 44

people were killed when a bus a highway and plunged cliff.han 600 feet down a more than two dozen others were injured. no cause yet on the cause. global news 24 hours a day. heard by more than 2700 and analysts and 120 countries. i'm emily chang, this is bloomberg. 2.30p.m. in san san francisco. i'm joined by bloomberg's sophie with a look at the markets. >> in asia the highlight is the a urn of china after week-long lunar new year break. concerns given the ongoing leveraging campaign, e have the return of the shanghai trading stocks. so that may provide a boost for senning and the index this thursday. e did see a boost to senning stocks, that may help the tech

asia s continuing in following event we saw on wednesday. forl get the first reaction asian markets to the minutes which did give a boost to dollar. and the that is the yen creeping above level. and we do have a yield spread. hat could be feeding into the aussie dollar weakness. i'm sophie. next, bloomberg technology. ♪ emily: this is bloom berg technology and i'm emily chang. youtube facing criticism after promoting conservative videos on its title

page, with titles suggesting of the eenage survivor florida shooting was an actor, down on trying to cut news and twitter is accused of conservative users. twitter deleted thousands the of accounts overnight. company wants to purge the ervice of bots, which are automated accounts. they have not commented on of followers is related to bot. our tech covering the networks and covering the here? what happened >> overnight twitter apparently purged a bunch of accounts. they will r whether be added back. what happened is there were terms of violated service on the account, and then they had gotten sent an email to verify that they are not a bot, they are a human being and a phone number.

as soon as they did that, they'd be added. in between,e period they are not counted as followers. period that twitter probably doesn't know how many of these accounts were bots, but this is a way to figure it out. it's a big issue for twitter the second half of 2017, and to start in 2018. said a lot of people twitter was not taking it seriously enough, that it's a platform where there has been harassment. hen the russian scandal broke, people were using the platform presidential election, that drew a lot of attention to the platform. they went is ybe bit farce, sara probably has twitter for soed long. emily: they obviously targeted the accounts for a reason, and says it doesn't have nything to do with political

ias, the response saying: hat is your take on how dramatic this is in the history of enforcement that twitter has taken. we have seen a lot of broad purges by twitter in the past, as accounts related to i.s.i.s. and related to the that werelinged to the charleston issue. goings case, i think it's to be difficult for twitter to is a ho is a bot and who real person account that tends and be et a lot of bots connected to a lot of bots. the russian bots, as we head in mueller indictment on sunday have been adept atten trenching in the real world, building connections with real americans, presenting themselves

as real people. when you go through and try to purge them, it's difficult to do in a way that is clean, using artificial intelligence, you'll get errors. i want to talk about the percentage of users on twitter that are bots. it to facebook. you know, what do we know about ow many users on twitterer bots, and how powerful they are, as opposed to facebook, which user base but a smaller percentage of fake accounts. harder to ook it's make a fake account. on the black market we see active that have been for longer go for more. this is because people on worked to ve establish their identity over years, if you create app facebook, it may not go through. on twitter, you can make anying. you have an email address. it can be an account for your for a joke account something you want to make fun of. it doesn't have to be a person.

do.acebook, you it's a huge differentiator. company says 5% of companies are fake. that it is estimate higher. facebook responded to congressional investigators 2-3% of at about accounts could be considered in the pdesirable category, category of fake accounts. not just a person making an account. someone trying to break the system and be somebody that they are not. >> interesting. so what is next here when it comes to the particular accounts down witter has cracked on, some could be rein stated. they werehood is that targeted for a reason. >> i assume some get reinstated. that keeps ssue coming up. in the last earnings report it twitter was time mentioned, that user graeth growth was not as good as expected. it was around 330 million, lower

attributed and they attributed it to purges like this. i expect is to be an ongoing issue, the last thing twitter wants is for other political or where it becomes another target and a platform to have it be misused. obviously there's a fine line when it comes to free speech, and that's the argument made time andnies again. is facebook going to do a this, or thislike very been. > facebook has been purging accounts and groups it seeslinged to the russian issue -- sees linked to the russian issue with people that to make accounts connect to americans to convince them something is happening, and cetera. g fake news et this is something they have not announced how many they have taken down. like to think that they are being very steadfast about issue. g the what brings up and is interesting is that the actually

metrics of the caps given each quarter, they'll be lower they are trying to address the issues, and it will be interesting to see the time. over are the companies going to try to get a pat on the back for numbers, for having guys.ed some of these >> interesting. twitter cracking down on bots. thank you both. to the koch brothers going amazon and other companies. digital ad campaign here called a tax break n amazon receives as sweetheart deals that are unfair to taxpayers. to exyom.cording it's on facebook and twitter we talk to the c.e.o. of a sin text firm that has a new round of funding.

this is bloomberg. ♪

emily: apple in talks to buy directly frombalt miners, it is one of the largest users, used for the batteries in its gadgets. apple wants to make sure it has key battery the ingredient amid the fear of a shortage driven by the electric car build a canadian based advisor raised $51 million from power

group. l the start up managing 65,000 in gers with room to grow sin tech. mike c.e.o. of wealth simple joins us. target audience is millennials, how does the cater to them. yep. our clientele are young professionals that are looking a different financial service than parents and grandparents, where people were xcited investing on relationships. clients are looking for something easy to tuesday. up online and gn download the app. talk about investing caters to the young audience, goals, people achieve with entertaining stories about other people, celebrities, and they deal with their money. emily: isn't the goal to make that's the end idea? >> absolutely. he key for us is thoughtful

investing. it's about building up diversified portfolio and plan.ng to your there's a fallacy about nvesting where most people thing smart investing is about picking stocks and winners, data is clear. it's behaviours that set aside investors, our portfolios ecial helping those build up portfolios along with values achieve success. emily: you pralt in u.k., america, what are your plrns for expansion now that you of capital.ound >> we are one of the first companies to expand. we are around the world, access the cost of advice, the investing is too high.

we plan to use the capital to grow in the us,canada and the u.k. we are excited about what that means. emily: what do you think about the leadership in canada now, fingerprint and the impact it could have on the tech center. trudeau visited san francisco hoping to drum up interest. do you think that the government make a difference? >> absolutely. know, we are facing time for tech in or tech in canada and toronto. most people don't know toronto is a global tech hub. we added something like 22,000 new technology jobs in 2016 in which is more than silicon valley and new york combined. it's amazing to see the boom toronto in technology, prime minister trudeau has been great brand advocate for what is happening in the sector around the world. when we hit $1 billion in assets to welcome the prime minister to our office to celebrate the he's done a oken,

great job going around the world selling our story to other countries. emily: facebook and google have offices there. tech bout home-grown giants. what is your outlook for more, $10 billion tech companies out of canada. >> we are hoping to build one of those here. there's a turning point in canadian tech right now, where home grown see technology companies going ublic, spotify is a great example, funding announcements last year. there was a record number of in the tech ronto $2 y scene with more than billion invested, one being what pad. story, and other world simple is another. operating in three market, in a regulated space of financial service, $50 million f backing puts us up there as trying to build a global technology champion here from canada. emily: how is your strategy to how tohen it comes

advise your clients. and the united states several places. broad, which can lead to economic conservancy as well. reminding clients what smart investing looks like, it's about perspective -term on what markets do, not getting ogged down in the short term noise about politics or what the mark is doing this week or number of. build a portfolio for 10, 20, the ars,isticallying to plan is the best bet. that's where we focus clients, volatility in e the last few weeks, making sure confidence plan and and conviction to stick to it over the long term. catchen, c.e.o. from thissimply: coming up. legion hat the growing

of computer game fans will pull a firm out of a rut. hear from the c.e.o. next. bloomberg. ♪

>>. >> you have to follow bill gates emily: for the first time the network reported sign ups for

tv service t attracted 2 toy 2 million customers paying month. ion a for a sign of progress for efforts to slow four years. attract those that dumped pay tv services for andper options like netflix amazon prime. or big name concerts sporting events - thousands atch gamers place, it's a serious opportunity for asian tech giant asser. c.e.o. spoke with bloomberg in knew typea city from the hq.any said we provide with gaming notebooks, gaming desk tops. provide gaming display. it's not alized that just the hardware. be able to provide platform f the line

for people. the front bakeis and sa today" last year, a limited t was addition. it was in spired by multiple one system. mean. what we line. have full product we have high end to affordable. and we have sponsorship going on. to make sure that people have the full assignment. that is associate with acer.

you now?g is that for the event side of it. so away from the providing like actually promoting this as a new emerging sport? what are you doing there? big deal. a we sponsor and we do it ourselves. the biggest gaming tournaments and and importantly the final, last year was in beijing. people paid to watch that for five hours. you look at that, it's a concert. it's enormous. and online people watching it more than ars is 100 million people. 00 million people watch it online. incredible type of numbers.

so many people are excited about that. that we have to make sure that we don't miss that opportunity. one. s number own. two, we do our his year, last year, the country, this year we do more countries. we sponsor at schools. becoming the basic of the system. centers, the schools, they are in the college. to provide that broad category. for people eresting of my age to watch. what, you gaming? in college days. you do?

like new. we writ script. we analyse the game. tell strategies. team up. ayers do and i have to say and i am sure will be able to do so. people can do so. i now how to play games, don't know by watching it if people lize how other strategize to win the game. very exciting. is the potential over all broadly of e-sports, do you think? is the limit. bigger than nba totality. and i think now esport is bigger than sport. it will come. i don't know. sky's the limit because it's

one, growing. entertainment. a creation of job. emily: that was acer c.e.o. chen. and that does it for this edition of bloomberg technology, e are live streaming on twitter. check us ut 5:00p.m. new york, san francisco, that this is r now, bloomberg. ♪

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♪ 7:00 a.m. in hong kong. we are live from bloomberg's asia headquarters. afteracific stocks mixed lake declines on wall street. there is speculation a pickup in inflation will spark faster rate hikes. policymakers are increasingly confident in the strength of the u.s. economy. >> i am betty due in new york. -- betty liu in new york. qantas ready to lift off as