♪ ♪ emily: this is "the best of bloomberg technology." we will bring you all of our next interviews from this week in tech. president donald trump's meeting with kim jong-un produced a handshake and a promise to keep talking. what is the summit signal for what is to come. we had to speak with some of the biggest names in gaming. on the latest trends and how they are keeping up with

demands. and london tech week just wrapped up. how the city is shaking on brexit to lure talent and innovation. ♪ emily: the u.s. and north korea agreed to see complete denuclearization of the korean peninsula following the summit. no deadline was set and the path to disarmament remains unknown. kim has accepted in invitation to visit the white house, but no date for that. we spoke with kevin who is on the ground in singapore. >> it was quite remarkable to not see the details of what had been a month long summit in the mmaking come to fruition here in singapore. president trump went back to the united states. he has been calling his allies,

including chinese president and shinzo abe. mike pompeo will be touring asia to continue to lay out the case. back in the u.s., the fallout is continuing not just from democrats who are urging the president to take a more cautious approach, but to verify whether north korea will denuclearize. senator marco rubio and senator mccain, senator kennedy and republicans from arizona and louisiana are raising their concerns about their side. referring to kim jong-un for how he plans to denuclearize. the president will need congressional approval should he decide to ease back economic sanctions. the president is extending an open invitation to kim jong-un to come to the white house, saying this is the first of many steps to come with a dialogue with north korea. the final point i will make, more than 75 minutes of trump taking questions. he was more praiseworthy of kim jong-un and he was of canadian prime minister justin trudeau. the president basically extending an open invitation to kim jong-un. the final point, for more than

75 minutes of president trump taking questions, he was more jong-un thanof kim he was have prime minister justin trudeau. emily: are they still talking, are they texting? if so, what kind of phone might they be using in north korea? according to research, it is likely being done by in american company. we are joined by the person who wrote about this topic in bloomberg's newsletter. north korea may not be as disconnected as we think. what kind of devices are available and north korea, and who is using them? julie: the leaders in north korea might not be as disconnect head as we think. kim jong-un has been photographed a number of times using macbook computers and other devices.

this study shows there have been they cannotders -- name names and say how many each has, but there has been exports of computers and other devices being used in north korea, which is contrary to what many would believe with sanctions and the way that typical north koreans use and for the internet. they are only allowed to access certain sites and go through certain products, not an iphone. it is shocking that the leaders over there are talking that bucking that trend are getting access to the iphone x and samsung.

emily: samsung is in their backyard, yet, their mortal enemy. how do they compare? julie: i cannot say how many each of them have, but there are a lot of devices. there are various cm songs and everhing from the iphone six to the iphone x. most of them appeared to be -- they say it gravitates towards older devices. things that are running on older software. it does appear the sanctions have gotten tougher before yesterday's meeting. that might have parred back some exports. if yesterday went well, maybe he will be able to get one in the future. emily: is there a concern that some of these products, particularly american products, can be used in cyber espionage? julie: right, absolutely, that is a big concern. a lot of these might be used -- espionage might be happening outside of mainland north korea. it is a concern thing they could be using software devices from in american company to do things like cyber espionage and work on threats to the united states using american products. that is something the reports call out as a reason of concern

of them using it. although, again, if they do, in fact, go away from nuclear plans, denuclearize the nation, it would not be much of a problem going forward. emily: that was "bloomberg technologies" julie. china plans for an ipo valued at $6 billion. it would be in hong kong and could take place as soon as this month. it is the second multibillion-dollar business. xiomi prepare for their own ipo valued at $10 billion. 16 of the analysts say the smartphone giant could be twice as expensive as apple once it goes public. morgan stanley says they should trade at a premium because a faster growth trajectory. morgan stanley and goldman sachs say they could trade more than 30 times, which is double apples value. ♪

emily: apple is going into hollywood with a right in feature films. the company is near a deal to create a animated film. joining us now, our showbiz reporter. what do we know? reporter: we know that apple has been in talks with the irish animation studio. that is a quite wellnown animation house that made films like "breadwinner" and it has received many academy award nominations for its films. it is considered high caliber. apple is getting in with a high quality producer of content. it says something to bear ambition. we do not know how the film will be distributed digitally. we know that apple has been talking to people in hollywood over the past couple of years and has been hiring aggressively to build a team to make and buy content for streaming.

it is unclear if it will be a part of the apple music streaming service. emily: is there a sense that there is a shakeup to come in animed movies gin the potential exit of the cofounder of text are from disney? pixar fromunder of disney? anousha: this weekend we have the incredible's two. there is growing competition for the animated section. it is not a given. pixar has had flaws. not very many. disney is in a weakened position without john because he was a visionary. he was responsible for the resurrection of disney animation that came back with "frozen." it had a check with a period of years before that. he led pixar and that label. now disney is in the works to bring up through its ranks, to leave those two divisions leaders in their field. there will be some changes

there. there is a lot of work going on in hollywood and animation. emily: still ahead, our conversation with london mayor city at the launch of london tech week grade his launch on a new study that calls a london the new tech capital of europe. listen on the bloomberg radio app and in the u.s. on serious xm. this is bloomberg. ♪

♪ emily: the dutch business almost doubled in the trading debut in what has become the biggest european tech ipo of the year. netflix and spotify among its clients exceed long-established financial companies. it is one of the new breed of tech firms challenging the big things and credit card issuers who have long control systems for processing payments in stores and online. we have just wrapped up london tech week, bringing together biggest names in coding, artificial intelligence and venture capital. bloombergs caroline hyde kicked off the tech week.

>> this is europe's biggest festival of innovation and it is amazing. there are more than 50,000 with businesses coming to london tech week from around the world. there is so much energy and excitement. the great thing about it is it is bigger each year. you have startups to those thinking about startups, to the multinationals, innovators, researchers, all in one place. it is a very exciting ecosystem and this is the future. we cannot run away from ai automation tech. why? a, it is out there. we are going through a forced industrial revolution. i want us to make the most of the tech sector. it improves our quality of life. i want to see how tech can be used to improve public services. how can tech be used to create a few that are future.

caroline: you talk about riding that way. we are still seeing record money coming in and it is continuing to grow, but there is competition out there of them saying paris is the number one destination to put your money. are you worried about that, that london has been knocked off the number one spot? sadiq: we were complacent, i am not complacent. the recent report for ai showed, as far as ai companies are concerned is they are more in london than in paris and berlin combine. we are the ai capital of europe. we have also seen a relationship

to tech investment. look at apple, google, snapchat, facebook continuing to invest in london. paris and berlin raising their game is good for us. there is more of a working collaboration with paris and berlin rather than competitive. if you are a small web designer in london or a startup, you don't want to have a partner in paris or berlin, even post brexit. the future is cities working close together and people working close together rather than national government. i welcome paris and berlin raising their game. caroline: what about the regulatory environment? welcoming company such as uber. how does the conversation continue?

sadiq: i want london to be a place where you want to come if you are a tech startup, if you are an innovator. whether you are multinational or by yourself with a friend. the rules are -- everyone plays by them -- the rules are, whether you are uber or partnered with a start up, it is important when it comes to london as to them as a regulator saying to someone like uber, you are not playing by the rules of the game. i don't not care how your army is. the new global ceos have heeded that message. look at the changes they have made. in the end everyone benefits because there is better service, no corners cut. i want tech companies coming to london. i want tech companies to be helping me provide better public

services cheaper. also, it is a 21st century solution for many decades. caroline: do you think that we are seeing companies growing with the assets that you want to see in london? i know you are focused on diversity in the world of tech . our companies getting that message? sadiq: these companies are positive and aggressive but no one has engaged with them. if you don't engage with them they will do with their own way. i have engaged over the last two years with ceos, innovators, startups. they want to do the right thing. they want to make sure that when it comes to the talent pipeline they are going across communities to make sure there are more women involved.

good news is, young people want women in tech sectors. they have to help make sure that parts of our city the have not enjoyed the fruits of growth, and -- anybody can do it. i want young people to learn there is great stuff around for girls. i want to see campuses that are environmentally friendly. although my conversations with tech startups, they have the right values, they love london. i have done some research lately in relation to ai companies. the number of founders who are diverse or are women was remarkable. they have the resources. we give them a helping hand. emily: that was london mayor sadiq khan. the mayor's office commissioned that study that suggested london is the ai capital of europe. coming up, the startup backed by google founder has a new era -- aircraft taking to the sky. this is bloomberg.

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♪ emily: much of a long-ago flying cars were considered far-fetched technology, but now it is a reality for potentially all of us. senior executive editor for bloomberg brad stone takes a look at kitty hawk's latest flying innovation. brad: no, it is not a scene from the "fifth element" or "star wars." flying cars are suddenly very real. airbus is developing single person autonomous vehicles. chinese drone company is trying to get one in the air as soon as federal regulations will allow it and take flight over 11,000 feet. uber predicts urban air taxis

will be roaming the skies in 10 years and is partnered with nasa to develop sky ports. >> we make big bets. that is part of the identity of the company. brad: uber air would let companies push a button and get high speed flight in and around the city. another flying car cust announced the kitty hawk flyer, funded by google's larry, with to control sticks and looks like something out of "star wars." it goes 20 miles per hour and tries up to 10 feet in the air without the need for a pilot license. >> it is computerized so that every person can learn how to fly. brad: no word yet on when it will go on sale or how much it will cost. kitty hawk is working on another aircraft. at least one dozen companies around the world are pursuing the sci-fi dream of personal aircraft to help you avoid congested highways. are we in need of a reality check? flying cars in the sky we need a new traffic control system, years of cultural acceptance with the idea that these new vehicles could be landing right next door. ♪ emily: our bloomberg tech senior

executive editor brad stone here to talk with me. i am not sure i am ready to ride in one of those, but how big a leap in innovation is the new flyer from kitty hawk? brad: it is cool, i would love to ride one. i think they have made advancements in lightweight material and battery advancement. it is a drone you put a person on top of. they only fly over water and you can only go 10 feet in the air. it is a recreational vehicle i compared to a water jet pack. it is not that monumental. emily: is it about relieving traffic congestion? going short distances? brad: yes. kitty hawk has another car called the cora, which is a flying air taxi. lots of other companies, it airbus, they are working on the idea that you hover over traffic instead of sitting in it. emily: we saw your interview a few weeks ago, is this something that uber could be competitive? brad: when you're looking at things that could move there bottom line, uber elevate is an

idea. they are trying to bring it together. i think it is probably going to be companies like kitty hawk, others that are making a difference. emily: flying car aficionados saving will be your faster. give us a reality check? brad: we can look out the window here at pier 3 and see autonomous test cars passing us. tesla has vehicles that are autonomous. the faa has to take a deep look at these vehicles. the idea of them flying in the air will take a long time. emily: where do regulation stand right now? brad: nowhere. dan went to uber elevate and said we will come at this from a safety perspective.

them to ten years for aircraft. new think we are at the very beginning and will be an impactful transport revolution but it will take a long time. emily: tesla says it will cut 9% of jobs across the company. they will impact salaried employees and will not include production associates. they say this staff reduction will not affect its ability to reach targets in the next few months and that no further musk, planned.ther cuts are musk, byom. marshmallows.

musk will supply the flames to roast them in the form of a flamethrower. hundreds of people lined up to get their hands on the $500 flamethrower. the flame often placed next to space x headquarters and showed off prototypes. coming up, the gaming create the upending fortnight headed to nintendo switch. how will it impact the maker of mario? we will ask the president next. check us out at technology and be sure to follow our breaking news at tech talk on twitter. this is bloomberg. ♪ retail.

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♪ emily: welcome back to the "best of bloomberg technology." i'm emily chang. this week, we broadcast live from l.a. at the videogame industry's biggest show of the year, the electronic entertainment expo. one company that annually makes a super smash at the event is nintendo, yet shares sank after unveiling some new titles almost all of the main content displayed during the show was either announced or leaked in prior months and weeks, including fortnite, pokemon, and a super smash brothers ultimate. the share drop with nintendo to their lowest in september, wiping out all of the market gains they made in eight years. we spoke with the coo from the event.

>> nintendo loves to surprise people. what that means when we approach an event like e3, we shall content that is one a lot over the next six to nine months, and no more. so we always had more surprises. there was always more in store. so, why the analysts reacted t way they did? who knows, but we know from a company-perspective, there is a lot more up our sleeves and a lot more we have to show over the weeks and months ahead. emily: tell us the surprises. >> right here, right now. you know for us, we believe , there's a lot more value for the consumer to tell them about content, and then launch it, just like we did for fortnite. and fortnite already has 2 million downloads, specifically on the nintendo switch. emily: wow. >> by driving excitement, we are able to drive the business forward. and that is what is most important to us.

emily: so, super smash brothers, fortnite, new pokemon game -- which will move the needle the most for nintendo this year? >> for us, the way we look at it is that we had an opportunity here and now to continue driving momentum. fortnite, the expansion for platoon, mario in december, pokemon launching in november. before black friday, and super smash brothers ultimate in december, it is the pacing of news. the pacing of launches that will drive the business forward. emily: let's talk about the online service coming in september. which means it is cloud-based, and the network performance of the games you have been trialing had been bad. some players and say it is

unplayable. will that improve? >> absolutely. yet again, when we do a trial event with mario tennis, we are as much learning about the technical infrastructure as well as the way the game is going to play. so you have to expect some challenges when you do that. when we launched the game, it is going to perform. just like it did for fortnite. emily: ok, let's talk about the switch. you have added some incentives to make it cheaper for people to buy a second one. are there going to be more incentives? >> those incentives are specific to the japanese market. emily: so it is not coming to the u.s.? >> it is not coming to the north american marketplace, and that reflects the difference in the culture and living situation to have across the world. japanese homes, small, typically one tv in a household. so for that market, offering an additional sku that takes out hdmi cables and things like that, makes sense. here in the americas, three big tv's for household. for us, selling a fully

configured second switch to the home is what we are focusing on, we are seeing that happen. we especially expect to see that happen with pokemon, let's go pikachu. emily: there are some concerns that the switch cann carry the torch foboth. what you doing to make it more attractive? >> let's focus on the americas and the marketplace. in december, on our dedicated handheld business grew by 27% year on year. so far this year, our 2ds and 3ds is up 10% this year. so, the switch is not all on its own. it is getting some very strong support by a dedicated handheld business in the americas, and for us, we want to continue to drive both of those platforms. the dedicated business for 2ds and 3ds is for kids and families to get engaged for the first time, potentially in video games. and then the nintendo switch will be that game were consumers want to play smash brothers and zelda and these big, epic games. and that is what we will continue to do.

emily: speaking of the games, fortnite, pokemon, it is great these games are a success and free to play. how are they going to make money for nintendo? >> the way they get monetized is the consumer buys either a tire, or season passes, things of that nature. and as long as those merchandise well, and there is a strong profit for us and for the developers themselves. emily:hat is your opinion on the loot boxes? tactics.pay-to-win >> loot boxes, broadly speaking, have gotten a bit of a bad rap. the game mechanic of buying something that you're not quite sure what is inside is as old as baseball cards, as an example. so what we believe that nintendo is that a gameplay mechanic that offers the consumer something to they are not sure what is inside can be interesting, as long as that is not the only way you can get those items. i think that is where maybe some developers have made some mistakes. for us, it is one of many mechanics that we can use to drive ongoing engagement in the game. emily: so, tell us about the new president and what might change for you? your new president. >> the president is a veteran of

25 years with the company. what is great about him is he has had some fairly extensive experience outside of japan, and he was one of the first financial people that nintendo of america was dealing with back in our early days, and he spent 12 years in europe, so he has an understanding for the overseas subsidiary. he loves our content, plays are games. from my perspective, he is a great choice to be our next global president. emily: that was intended of america president reggie. now, the global hit fortnite was the talk of the event. the multiplayer shooting title released last year has become a cultural phenomenon, and while at the games may be reaping most of the benefits, people are saying the game is benefiting the entire industry. as first-time gamers take to as first-time gamers take to fortnight, they will be looking for other titles and we caught up with him at e3. >> i am not sure it is shaking up. it is a hit. it is a great thing for the industry to have hits. i think in the case of fortnight

there is some evidence for bringing on board a younger audience, perhaps a female auence. and if people e ing introduced to video games, that is great for all of us. emily: lots of games are coming out soon. have you make sure your games are a winner? >> the way we create success, the entire focus of our company is on the quality of our titles. "red dead redemption" has been a highly-anticipated title. we have begun to put mash ups in the market place and people seem to love them. preorders are strong, and we are feeling really good about "red dead redemption." they're not very many western thing titles in the marketplace. when we put out "red dead redemption" the first time, it was a massive hit and sold over 60 million units. we feel really good about it. emily: it is just a fenths away, why are you not showing it at e3?

everyone wants to see it. seems like a great opportunity. >> we are not showing any products at e3. this show is a great way for us to connect with our retail customers, and a great way to connect with the press, and industry analysts and investors. our products are widely marketed and people have a sense of them. while we do have consumers at e3 it is not primarily a consumer show. emily: so, how do you intend to monetize it? >> our focus over a long period of time is engagement. what we have said over all about releases is we want to give consumers an opportunity not only to fall in love with the product, but to stay in love with it. if we do that, revenues and profits follow and we don't lead with monetization. it is not our primary concern. we are concerned about entertaining, activating, and engaging consumers over a long period of time. emily: i am curious on your

thoughts on the latest controversies. loot boxes and play-to-win pay-to-win tactics. is that healthy for the industry, or is it exploitative? >> i do not believe it is exploitative. it is entertainment and entertainment is not a must-have good. we choose to be entertained. the randomization mechanics have been used by us in the past. it is not a mechanic that we typically use. we do not have any problem with it, however, and i think the bottom line is do your game mechanics fit with your creative offering? if they don't, consumers won't show up. emily: any concern that legislators will crackdown? >> i don't think there is a concern in the u.s. maybe in international markets, puree same way we have u.s.om of speech in the marketthe international

we are constrained with what we can do creatively. emily: so you think in europe they could crackdown? >> i don't think it will be across the board, possibly one or two countries will have a point of view about what kind of mechanic can be used. i think it would be wrongheaded, and it hasn't happened yet, but it may. emily: an yet, last month, the supreme court ruled to strike down a law preventing gambling in sports. you have expressed optimism this could have an impact on e-sports. are you doing things to prepare for potentially legalized e-sports gambling? legalized gambling in gaming. >> not yet, we are open-minded. we are an entertainment company. we are obviously not a gambling company. it is a different mechanic and really a different business and it requires regulation. i think we would have to think long and hard, but it clearly creates opportunity. emily: that was take two's ceo. and still ahead, moves out there south korean crypto companies said they had been hacked. we are going to track the breach and talk about whether the market can recover after a rough start in 2018. and the building blocks of life. did nasa discover them on mars? we will get the answer straight from their lead scientist. this is bloomberg. ♪

♪ emily: a crypto exchange in south korea puts fuel on the fire. bitcoin down 50% in the last year, and the south korean exchange says some of its currency appears to have been stolen. the exchange did say two-thirds of the assets have been stolen or collected. investigators are following the rest. this isn't the first time we have seen this attack. the japanese exchange coin check was hit in january. when will these security risks let up?

we spoke with a reporter who covers all things cybersecurity along with our bloomberg editor and host of "what did you miss? >> hackers compromise the website for a small south korean crypto currency exchange. it is not a name that would be on t tips of mpeople tongues and barely ranks with an the top 100 of crypto exchanges. but what happened has a lot of residence for anybody investing in this market, and is part of the reason why you are seeing this big selloff this weekend in terms of billions of dollars a cryptocurrency stock, and billions of dollars of value from crypto falling. the reason is this, once a peace of digital currency is stolen, you cannot get it back. it's not like money that can be reimbursed. although some have reimbursed victims of hacking attacks. i find it and was a fascinating of what a cryptocurrency is. it is a number, a digital file you are given, and if you give it to an exchange, and that exchange is then hacked, that money is gone for good. you see people running away from the market because of that security risk. emily: i want to put this into context. emily: take a look at this chart

and my library that shows the slump and cryptocurrencies over the last six months. joe, how much of this is due to this particular hack? is it due to lingering concerns of crackdowns in china, or pessimism from folks like yourself? >> it is a combination of a lot of different things. look, the simplest answer is this is the backside of the euphoria that we saw in q3 and q4 in 2017 when people were throwing out enormous expectations with the price was going, and everybody was talking about it. celebrities were talking about it. and the interesting thing is if you look from a fundamental standpoint in 2018 and saw ongoing moves whether it's legacy financial companies expanding into the space,

upstarts getting more institutionalized, people who have their careers and finance jumping into crypto, some of the news looks really good, but it hasn't been enough to stem the tide of what is sort of what happens if the other half of an parabolic like this. emily: why are crypto currencies so difficult to secure? you would think they would be less vulnerable to fraud because they are trackable. >> you would. part of the problem as i said earlier, one of the really difficult parts about handling virtual currencies, or digital currencies and protecting them, is that it is simply a file. it is simply a number. it is a unique number assigned to a particular individual and the value of their digital currency. so if you think about all of the massive data hacks we have seen, and the data flying out of companies as the result of hacks, if you replace that data, whether it is emails or whatever, with a bitcoin that could be worth thousands or millions of dollars, what you get is the perfect target for these hacking attacks.

and when the criminals make off with their bounty, it is literally a file with numbers that then becomes tens of millions of dollars. they are very, very hard to protect because they are a small, discrete piece of data that once you lose it, it is gone. emily: and yet there are big , banks experimenting with this. some more than experimenting. do you see this becoming a legitimate currency that is backed by a global financial system if some of these hiccups and issues are worked out? joe: it is possible, but something that i think is really important is that the hiccups that you mention in the jordan described are both the vulnerability of cryptocurrencies, but arguably,

the selling point because if you think about it, what is the case to use a cryptocurrency as opposed to traditional currency? it is the implicit promise nobody can seize it from you or spend it with and nobody can tell you, that you cannot move it from one country to another, circumventing capital controls. these are all of the things that are theoretically what make bitcoin, or make other cryptocurrencies appealing to people, and so, the flipside has to be some measure of irreversibility. because you cannot have a system where you could have an ironclad guarantee that you can do the transaction if there was a third party that could say, no, we are going to reverse that transaction, or you are not allowed to. so, as long as the cryptocurrency is designed for this purpose, there will never be a day, i don't think, where there will be a risk of hacks and mistakes that result in a permanent loss of funds. emily: jordan, it's not just about cryptocurrency, it's about the blockchain in general which so many people are heralding the future of.

not necessarily when it comes to bitcoin and these particular currencies, blockchain technology to revolutionize the rest of the internet. do you think there is more optimism there outside of the specific market? jordan: sure, yeah. the underlying technology for these digital currencies, the blockchain, actually has unique and interesting properties that a lot of big banks and other organizations are trying to tap, and it has become a meme, a joke. one of the things i find amusing about these facts, if there is anything amusing, is that when this money is stolen as a result of the blockchain and the transparency that joe talked about, you know, you can actually see but the money is. it is like as if somebody robbed

your bank account and holding it in front of your face -- you can identify all of these stolen bitcoin and digital currencies, you don't know who is behind it. that is a feature of the block chain and of the technology undergirding these digital currencies. and you can see it. you can revoke those coins. you can block them or freeze them. there is a lot more transparency in that system than the traditional banking system and that is a good thing that lots of companies can put to use. emily: that was bloomberg technology'joan roberon and joe weisenthal. coming up, nasa's curiosity rover may have made its most significant discovery yet. what this means for finding life on mars. this is bloomberg. ♪

♪ >> ♪ is there life on mars? ♪ emily: well, there might finally be an answer to david bowie's timeless question. or a better chance to narrow down the answer. nasa's curiosity rover has found what could be the foundation for life on the red planet.

organic molecules have been found on mars' 3.5 billion-year-old bedrock. elon musk maybe trying to colonize mars now, but nasa says chances of finding life have just went up. to tell us more about this is earth-shakingiscovery, we spoke to a bio geochemist from nasa and lead author of the study on these findings. >> essentially, we found organic matter from rocks on an old lake on mars. that lake was around 3.5 billion years ago. self, the planet was a lot different back then, and we have had other clues that tell us pretty much, there was water and nutrients around and energy sources around. and now we have evidence of organic material. everything that life would need to be happy was there. we just don't know if there was life. the organic materials that we found could be from life, or perhaps they were possible food

for life when the lake was around. either way, it still bodes well for the search for life going forward. emily: let's take it one step further. is it possible that some form of life still exists there? does this give you any information about that? >> well, we are not really sure if life ever existed, but if life ever got established, it early on in really history as life was established on early earth. at that point, the two planets were very similar. mars took a different path. it lost its magnetic field and the atmosphere was swept away and radiation began hitting the surface. it changed the planet significantly. and earth developed a really diverse bioatmosphere and mars if it ever had life probably lost a lot of its biosphere. there are some scientists that believe life would have taken refuge in the subsurface if it

ever existed, and could be there today, but there are other scientists who think the mars biosphere is burnt out. emily: the curiosity rover has been taking samples for five years now, and i know this gives you new details on where and how to look, but what is next? >> well, the next step is to look for the bio-signatures. these are basically imprints from life. you can imagine a dinosaur leaving a fossil behind in the form of a skeleton. well, microorganisms can leave behind chemical imprints of eir existence, and possibly even cell structures. those are the kinds of things we would look for in the ancient rocks as indicators of whether or not mars used it at some point. there are two missions in the works right now that could shed light on this. the first one is from the european space agency that will launch in 2020, and it has the

capability of drilling down two meters, which is a really important technological development because that means they can get away from the radiation and have the potential to get to organic materials that are much better preserved. the other mission isne by nasa called the mars 2020 rover, and if it stumbles upon the right material, it can attach samples and bring them back to earth for further analysis. and both of those could tell us a lot more about whether life existed on mars and the potential for life to exist there today. emily: and nasa is looking for life in the solar system outside of mars. if it is somewhere else, what is most likely? >> it is anybody's guess. the mars subsurface is a good place to look for more recent life.

on other places, two really appealing places are ocean world, we call them, and a small that goes around saturn, and the other one is the europa. both have oceans underneath an icy crest, and it is possible those oceans have something similar to what we imagine as the microbiology, hydrothermal vents in the ocean here on earth. if that is the case, that ocean water could have signatures of life in it, could be modern-day cells, or old material, but things that would tell us if there had been life on there. oceancan access that iferial, that could tell us there. ever been life emily: that was a nasa's

jennifer. and that does it for this edition of the "best of bloomberg technology." tune in each day at 5:00 p.m. in new york in 2:00 p.m. in san francisco. all episodes are now live streaming on twitter. that's all for now. this is bloomb ♪

♪ carol: welcome to "bloomberg businessweek." i am carol massar. jason: i am jason kelly. we are here at the magazine's headquarters in new york. carol: in this weeks's issue, a lot of global stories. jason: we start with israel and bibi netanyahu. this week, new news about his political travails tied to his is no spirit this is a familiar story. carol: a