emily: i'm emily chang in san francisco. this is "bloomberg technology. : coming up in the next hour, amazon reporting third-quarter results and shares are reacting to a miss. jeff bezos says the company is not slowing down. we will break down the numbers. plus, alphabet missed on revenue. just how much have rising payoffs? and wall street eyes i spoke with the ceo. alphabet's problems don't then there, a bombshell report from the new york times claims they

paid android tweeter andy reubens to quietly go away after claims of sexual misconduct. first to our top story, amazon has reported third-quarter earnings and investors are reacting to a top line miss. shares are declining in late trading. amazon sales came well under expectations. operating income of $3.7 billion in the third quarter exceeds the street and amazon's own guidance. their fourth-quarter guidance is a bit light. however, the company is going between 10 and 20% growth. joining us now is darren baker. ceo of jumpshot, a company that tracks 5 billion clicks a day on 100 million devices. also with us is a reporter of bloomberg intelligence to covers amazon for us. what happened here? >> if you look at the revenue miss, especially on the guidance side of things, it was a big number.

the spending part we were not worried about because we expected pressure across the board, and wage hike issue was one of the issues. from the business perspective there are two areas we see weakness and expectations is whole foods and that is one area. that is where maybe the physical push is not growing as prices we expected. the second area is international growth which slowed down materially. there was a change in the holiday season for india which pushed out sales, but before headwinds, that becomes a worry as well. if you take those two things out of the equation, the advertising section did well. based on what what they are seeing so far, these are the two

areas. emily: what do you make of this? darren: i think we are seeing strong growth. i do not think jeff bezos has anything to be worried about. we saw some products grow 22% year-over-year and especially in some of the non-commodity products. amazon basics is there but he that sells cell phone chargers and batteries. we saw 60% year-over-year growth in non-commodity products. we also saw a huge growth in advertising revenue. up to 10% of all of the products searches on amazon come from a sponsored search of 3% in january of 2017. there is huge room for growth. emily: let's talk about that. alphabet and facebook have dominated the digital ad markets. amazon is a distant third but could catch up. you will hear what ruth had to say about this in the next segment, but can amazon really get there? jitendra: retail is a big

segment for google. it is the biggest from an appetizing perspective. -- it is the biggest from an advertising perspective. now, we see larger brands warming up to amazon lot more given the prime members. the sales shift, the ad dollars shipped with it. amazon is targeting two buckets. one is the search bucket that google has, and the other is a promotions bucket. they get to benefit from the shift that is happening from bigger brands. they can deliver a short roi. you are advertising the product and you know exactly how much the sales are worth. the targeting becomes better. the becomes an issue, so google needs to go in the opposite direction over here. we saw their partnerships with commerce, and we think google should be more aggressive in e-commerce. they should take the cloud stance more aggressively when amazon is encroaching on them. emily: in the meantime, amazon

is increasing wages across the board and the company is opening hq ii creating 50,000 new jobs. how are those costs can impact coming quarters if we are in a state of fight right now? darren: i think they have a ton of room to grow and offset the costs. to piggyback off of what you are saying, over 50% of the product searches online networker on amazon rather than google. the actual e-commerce products, the stuff people want to pay for. as they invest in those tools and costs go up, they will see a higher spike in returns. emily: talk about what is happening globally. we know that there is a huge turf war in india, but also other parts of the world. >> that is one uncertainty that we have still yet to figure out. hopefully we can get some guidance on the call. it is causing some of the guidance to go down.

the direct impact from a cross-border trade perspective is that it is a smaller portion of the gmp but there is an indirect impact from sales growth and things like that. we will hopefully get more details on that, but that is a concern. emily: the amazon earnings call is scheduled in about 25 minutes from now. what do you want to hear? darren: i want to hear how the investments they are making in their advertising platform is paying off. international growth, there is a lot of room for a virginity opportunitya lot of there and a lot of risk if they do not execute properly. i would love to hear about how they are interacting with the rest of the ecosystem. both retailers and brands are very reticent about what is happening and nervous. they need to figure out how to create more of an equilibrium like google. emily: we have a holiday season coming up, increase postal rates, sparring with of the president. how are the next few weeks

critical, but maybe this year in particular. jitendra: especially in the guidance. the street will expect more than what they are guiding. it boils down to, are they able to manage the costs and capacity and deliver these products and meet the numbers. we did see that created an issue in 2014-2015. amazon used to talk about profits being slow. they were slowing, and now guidance is suggesting rate hikes and skimming logistics to support demand. emily: what do you think there are regulatory headwinds? deren: i think they are regulatory headwinds internationally. i think there are brandon and relationship headwinds. in these categories, where they own 80% of the online market share, there's going to be other competitors that come up and

brands that do not want to work with the ball he myth. -- work with the behemoth. emily: do you think with president trump, jeff bezos its ownership of the washington post, could that be a real risk for amazon? jitendra: yes. it is basically a compliance cost from a data perspective to what we have seen from facebook and google. if there are antitrust issues, which analysts feel the risks are low, they increase going into new markets. they increase as we get more data from third-party sellers. you co-mingle a lot more. so that is a real risk. from a probability standpoint, based on what analysts feel realistically, the probability is low at the moment. emily: note -- more bark than bite. thank you so much.

it was a good day for semiconductors. intel blew away analysts and investors with third-quarter results beating estimates for revenue in the current quarter. intel reported $19.2 billion in revenue compared to projections of $18.12 billion. the world's second-biggest semiconductor reported revenue from their pc centric business rose 16% this coming amidst a bad chip stock as the stock exchange hit correction territory earlier this week. coming up, alphabet's third-quarter numbers are in and it is a miss in revenue. we spoke to alphabet ceo about kept those figures down. if you like bloomberg news, check us out on the radio. listen on the bloomberg app, bloomberg.com, and, in the u.s., sirius xm. this is bloomberg. ♪ emily: alphabet slumping after

hours. it reported third-quarter results, and shares have fallen as much as 7% that they missed on revenues. squeezed by payouts to partners for distributing its web browser and search engine. let's get straight to it with the director of equity research in new york. we have also got the technology president here with me in the studios. i just got off the phone with the alphabet ceo who is on the earnings call. she talked about hardware, ai, cloud, mobile, and global. all of that bouying the results.

then mentioned that fx headwinds were probably the reason for some of the weakness we are seeing. what do you see? scott: thanks for having me. what i would start with is i don't think it is a coincidence that you see a lot of these services company's missing on the revenue line. a lot of that is due to currency where the dollar strengthened pretty significantly over the course of a quarter. i think when you look at the iss, it was by a hair. granted, it was a miss but it was a small miss. the way we look at it is that it was a good quarter. it is amazing to me how very few people seem to be also focusing on the earnings beat which was substantial aided by lower tax rates, for example. overall, this was a solid quarter above 20%.

it seems the trends were intact for the company to be successful for a number of quarters to come. emily: that said, there is concern about amazon. distantly on google and facebook's tail when it comes to advertising. from what we are seeing, many dollars are from trade promotion another budgets that have not not been historically spent on digital advertising. we believe it expands the opportunity to tap into digital budgets. do you buy that? >> sure. that makes a lot of sense in terms of where they are trying to go. especially with all of the things they are doing with youtube and other content they are bringing available. she mentioned some of the are in the costs were higher they have a lot of investments in hardware, in the youtube tv for

example. those are interesting opportunities moving forward. it is getting expensive to get to the right people to get the services out, and acquisition costs are going up. that is an issue. missed.t, but barely opportunities moving forward are still strong. the concern is the regulatory environment and what will happen there. there are a lot of clouds hanging over alphabet and those are concerned people have to think about long-term. emily: let's talk about some of those clouds, privacy, fake news, not testifying before congress, all of these things are very concerning and i asked her if the privacy concerns were having an impact on users having impact on advertising, and she did not answer that question. i also asked about china and google's plan to reignite a search engine in china. she told me we continue to invest to help chinese users but

we are not close to launching a search product in china. and given the sheer scale of the market, we are focused on making sure we do the right things for the long-term. what do you make of that? scott: the way we have thought about this is, it would be great in the number of respects from an operational and financial perspective for google to reenter china. the reality is, especially given growing tensions between the two countries and their governments, we see that as a long shot. particularly over the near to intermediate term. that is one of the reasons why over the last day or two, we upgraded shares of baidu because we think that has been an overhang for that company and its stock. we do not think that is really viable at this point for google to reenter china. i think they have far more priorities elsewhere.

i think just the political pressure and complexity and costs and risk of failure are so substantial. continuing to invest in what has been working and things like waymo, that is the way google and alphabet should be investing right now. emily: do you think google should have not dropped project maven and continued its work with the dod? i asked ruth about that and she talked about how they look forward to continue working with the military. she laid out the other ways they are doing so. but when you talk to amazon, jeff bezos, they said our country needs to be defended so they will work with the dod and the government. scott: my opinion on that is i think they should continue to talk to the government about the contract. we are talking about a $10 billion opportunity which would have been tremendous for google in the cloud business.

they have been investing in it, but that would possibly have been a game changer and i am not really clear about what exactly the opposition was in terms of moving forward with the contract. you point out good rationales that other companies have articulated. i think that was a mistake to walk away from that contract. particularly at this stage. emily: bob, google also has business being done in europe. they are facing the $5 billion fine for antitrust issues, and xi for the android issues i should say. xi talked about how that will play out. how must you think that will hurt them? bob: there are very few alternatives and google could make more money. the phone makers will have to pay google for services they gave away because they have to be offered as an alternative.

in a weird way, it helps them. long-term, the financial impact is small. most of these controversies, in the near-term, will not have a big influence on them. the bigger question is, as gdpr gets enforced and the u.s. develops what equivalent it will create, as other countries around the world do this, how does that fundamentally impact the business model of what google does around customize, advertising, and personal data tracking. none of these things will impact right away but those are issues long-term that have to be addressed. emily: all right bob and scott, thank you. before you go, scott, you downgraded twitter, why? scott: i did. the results were good in a lot of respects, but the 29% revenue growth and the margin expansion were encouraging, but the reality is some of the reasons we saw maus decline sequentially

and we saw a deceleration in dau 's, and we see a pre-evaluation and a lot of competition. the reality is that the stock, notwithstanding to recent decline, is overvalued here. we have a 12 month target price of $27. we have a negative and positive on twitter over the years. this we think is the time to be more skeptical rather than optimistic. emily: glad we got john the -- lab we got you on the about . i speak with twitter's cfo later in the show. coming up, alphabet earnings come amid scandal. how the tech giant employees are responding to rumors of executive sexual misconduct. and "bloomberg technology" is livestreaming on twitter. check us out @technology, and be sure to follow our global news network, @tictoc, on twitter. this is bloomberg. ♪ emily: as we mentioned earlier,

alphabet beat estimates for the third-quarter earnings but missed on revenue. this coming a missed bombshell review by the new york times saying google gave andy rubin a massive payout package despite allegations of sexual misconduct. in $90 million payout to leave. after he allegedly coerced a subordinate into a sexual act. then, google kept it quiet. the representative for ruben has denied the claims and google said 48 people have been fired for sexual harassment in recent years and no one got an exit package. i want to bring in an engineer for alphabet who has been increasingly vocal about how her current employer is handling harassment. thank you for joining us today. you have been dialed in to these issues. what is your reaction to this report? is this anything you could have foreseen? >> i'm not surprised. what i'm surprised about is that this has finally come to light. there have been rumors that

directors and above at google have been shielded about this that they have been shielded. now that there may be consequences it's heartening. emily: cinda pichai sent in the today saying in recent years, we made a list of changes. i just got off the phone with one official saying she is super proud of how google is handling these issues today. what is being done, the key word being today. do you think google has this figure out? liz: i don't think they have it figured out in terms of fixing the culture distrust between employees and hr. in particular the employees relation team that handles investigations. emily: what are employees saying right now? liz: i think many employees that are not women are shocked. many of us who have been following these issues for a

while are merely still frustrated with the state of the company and frustrated that we cannot get our complaints of harassment taken seriously. emily: i understand you take a risk when you come on the show and you still work at alphabet. you have been on the show before and spoken out about this. has anyone ever discouraged you about speaking out about this? have you had any talks with your bosses about the decision you have made to be more open about what is happening on the inside? liz: i'm a relatively high-profile employee. it would be challenging for them to discriminate against me or retaliate against me. therefore, i feel like i am in an ok position to speak out on behalf of the people that don't necessarily have that power. a lot of what happens at alphabet depends on your manager team. there is power in euro managers. if they are able to cover you, that provide you a significant amount of leeway. if they're not, they will look

for excuses to push you out. if you look at tim, he spoke out and was fired because his bosses felt they did not value his contributions enough and was not worth keeping around. emily: what do you think needs to be done? liz: i think it is surprising that david drummond, the chief legal officer still works at alphabet in light of the fact that he violated the company's policy and getting into a relationship someone who works for him. that is an example being set from the top so how can we get credibility for the fact that hr is able to investigate him deal with anyone? emily: do you want to hear from larry page? liz: yes. emily: all right, liz fong jones. alphabet. thank you so much for stopping by. coming up, is the online marketplace reaching a saturation point in the u.s.? third-quarter results point to

yes. more details ahead. this is bloomberg. ♪

emily: this is "bloomberg technology." i am emily chang in san francisco. amazon reported sales that missed projected estimates. amazon projects lower revenue in the busy fourth quarter, i report that could suggest a online marketplaces richard a -- marketplaces reached a saturation point in the u.s.. the company showed slow revenue growth quarter over quarter including online and subscription sales and its fast-growing ad business. revenue climbed to 29% down from 39% growth last quarter, and missing estimates. shares are still up 50% this year. bobby figaro left his job and amazon in january and is now ceo of his new company, gradient.

he joins us from seattle. also with me in san francisco, our bloomberg tech senior executive editor, brent jones. is there a saturation in the market right now? >> no, i don't think so. amazon shares were up 7% during the market, and then they give it back after the earnings. they missed a little bit on the top line, that fourth-quarter guidance was weak, so analysts -- i think investors are a little bit worried about that, but amazon has always been conservative. in terms of the segment slowdown, some of these categories like aws and advertising are growing at three figure rates. in aws's case, around 50%. emily: by becoming have unique -- by having unique insights and working with amazon from the outside, is there something bigger here to be concerned about about a broader slowdown? guest: and not at all, the

advertising business, which is where i had my experience, is a very large market. particularly the digital point of purchase, it $22 billion industry, it is really large, and every single brand should be thinking about that as their number one priority for driving prices online. emily: amazon is a distant third behind google and facebook in the digital ad market, but encroaching on their territory. is amazon a real threat to google and facebook, and if so, when? guest: i don't believe there is really going to be a lot of shifting between all of those players, what we are entering now is a completely new era of digital marketing. marketing pointing customers to brands where they are ready to make the purchase. that is where brands have spent billions of dollars to make sure they have the right price points

at the time of sale, the right amount of product in the shells, and they did that for decades in traditional retail. now, with a platform like amazon, brands need to start shifting into doing the symptom of investment to make sure they are winning customers at the point-of-sale. different from making sure they are driving awareness and consideration, which is typically what other platforms do. i believe this is an opportunity for other platforms to keep growing aggressively. emily: that echoes, brad, what i was told, which is that the money being spent on amazon, she believes that is coming from different ad budgets that were not going to digital as before, like trade groups. would you echo that? brad: what a smart about what bobby helps to greeted amazon, is that non-it can advertisers find customers right at the point-of-sale, amazon can then turn around and tell advertisers if the advertisement resulted in a sale. not a lot of other websites or

retail locations can do that. i recently went and put in a search for a refrigerator and right at the top, there was kenmore. somehow, sears lives, but every brand wants to be in the top spot, or doesn't not want to be there because they are worried their competitor might be there. emily: bobby, your company just raised $300 million. you see an opportunity to leave amazon. how big do you think that opportunity is? bobby: i think there is tremendous opportunity, brands competing for being present at the point-of-sale. customers tend to purchase the products that they find, and what we are building a my company is machine learning the have stick the information to optimize a presence for the brand. there is not one person you can talk to to secure the placement or that presence when you are working with amazon, as you did with traditional physical retail

stores. so it is really the work of machines and algorithms that will help brands be successful. and that is the opportunity i saw in building our company. walk us through some of the other brands here. whole foods, amazon prime, prime video, what about them? brad: for the first time, revenue is down slightly from the previous quarter. for whole foods, i think they have to figure are some stuff in the stores. what the category doesn't show is how i think whole foods is handling shipments of groceries from amazon, they are in about 16 cities now, where you can order online from whole foods and have it delivered. so whole foods is paying off in other ways, but physical stores slow down in revenue. it is curious because obviously, they have been adding bookstores. prime, the cfo talked a little about how they were changing how they organize the revenue for prime, they are amortizing it differently.

they are saying spreading out the subscription throughout the year, it used to be weighted more toward the back half of the year but now it is weighted throughout the year. that will affect numbers right away, but clearly, the law of large numbers is kicking in for amazon. emily: bobby, holiday season is coming up, always huge for amazon. what are some new trends you will be watching for that we will be seeing when it comes to what amazon is showing us in advertising and consumer behavior? bobby: q4 is very important for every brand. more and more purchases move online, i think a brand, to be successful, they need to retrain and use new tools to take advantage of those trends. it will be interesting to see a a lot of the new direction -- direct to consumer brands really utilizing platforms like amazon to start encroaching on incumbent brands.

they are doing it because the platform and the elder rhythms and the ability to use tools like we are developing will drive sales. i would say that you need to embrace the tools, you need to technology, you need to learn about what the digital point-of-sale marketing is about to be able to take a advantage of the huge surge taking place in q4. emily: brad, will it be another happy holiday one for amazon? brad: amazon is 3%-4% of overall retail, there is such a long runway, and i think all the tailwinds are working on amazon's behalf. emily: thank you, brad stone and bobby figueroa. thank you all for stopping by. still ahead, it looks like snapchat is on the decline. it reported the number of daily users fell for a second consecutive quarter. we break it all down ahead. meantime, alphabet's call just wrapped, the cfo talked about the state of global business. take a listen. >> we actually feel pretty good

about the strength globally, which i noted in opening comments, across the board, 20% growth in the u.s. on a $15 billion base. and we noted what is going on with aipac, 30% year on year growth, over $5 billion revenue business, and we have sustained quarter after quarter growth at this 30%-ish area, so i feel good about that. ♪ emily: twitter surged the most

in a months, sales blew past forecasts, but despite the strong financial numbers, monthly average users decreased by 9 million from the second quarter. meaning the social network averages 326 million users.

this coming as a twitter continues to purge fake accounts. i sat with down with the cfo, ned segal. >> we are challenging a time more than we used to, so the 9 million number is different from what we give to congress in a november. -- in september. we are becoming sophisticated and how people use and create fake accounts. so that we can stop them after they have been created. how many get through, really depends on how many of them should get through. we test far more accounts that are suspicious, and it helps us understand their behavior because just because an account is created on the web browser in a certain country with a certain ip address doesn't necessarily mean it should be on the platform, the way it is. so there is a lot that goes into it. emily: as a result of this, monthly users will continue to decline. how much further will they decline? guest: we said that they were decline in the single digit of millions in the fourth quarter because of the gdpr, our ongoing

health work and other issues of carriers. we do not forecast mau we go out further than a quarter. we wanted to share it with people. when we step back and think about our health more broadly, we don't want to be constrained by metrics, we want to prioritize health above all else because it is a critical growth factor for the company to make sure twitter is a safe place for you and me, and for the people who should be on the platform, and that is removing spamming and suspicious behavior. sometimes it affects the disclose metrics, and other times such as in the second quarter when we removed tens of millions of accounts and there were largely inactive, it doesn't affect metrics as much. emily: let us talk about health. we saw a tweet yesterday promoting fake bomb scares, hashtags filled with conspiracy theories. how is this still happening? >> we still have work to do to improve the health of the

conversation on twitter. there are many ways for us to adjust these challenges as people get sophisticated in how they create the bad behavior on twitter. one of the great things about twitter that we are it would to -- that we are able to benefit from just because it is public and open and real time, is we often find things, but often, things are corrected by the platform itself, by other people on twitter who will say, that is not true. or you may believe that, but i believe something different and i want to tell you what i believe. the fact that the platform is open, allows us to take a different approach around policies and enforcement than others may. emily: we are in a period of extremely divisive politics. the presidenting seeing the anger we are is coming from the mainstream media and it has gotten so bad and hateful that it is beyond

description. mainstream media must clean up its act, fast. i know that in the past you said that the president is a newsmaker, and influential person. and yet, is the president getting a pass as to what is true or not, what incites violence or not, because he is the president? >> i will go back to what i mentioned before about twitter being public and real-time and open, those are things that allow people to see what a public figure is going to say regardless of their party affiliation or where they are in the world. they can learn from it, respond to it, observe how others respond to it, and i believe that allows for a healthy conversation, that allows people to have more information on they otherwise might, whether it is around here in the united states, or the brazilian or mexican elections, and important part of our purpose is to serve a public conversation. emily: twitter has been clear about the need to do more about this.

jack dorsey has been clear about this. how many people are you hiring and dedicated to this particular problem? ned: health is our number one party. we think about health, growing our audience, and improving our products and sales. i don't expect that to change much next year, and i think that because of our nature, we are able to leverage those characteristics and still accomplish a lot through our twitter services team, and machine learning that we use to amplify our policies in the twitter services team. ned: are you hoping to add more people? ned: we have been adding more people. we will grow our headcount up to 15% this year. i would expect us to continue to grow our headcount, but it is not against anyone priority, it is for all those priorities, to really be able to grow the business and execute opportunities we see. emily: that was the twitter cfo, ned segal. joining us now to discuss,

debra aho williamson. debra, what do you make of these numbers? advertisers are obviously coming back and spending more, but monthly active users keep going down. in some ways, it can be difficult to see the progress, even though twitter said that they are challenging millions of accounts every week? guest: absolutely. ned segal just talked a lot about health. my viewpoint is, if you will get healthy, you will lose some weight and in the case of twitter, losing weight is losing a few million users. overall i think it is a positive step. i think twitter's focus on the daily active user number is something that is important and needs to be done, and i think the steps it has taken to make its ad products better, to reprove itself to advertisers is paying off. once this weight loss is done,

hopefully we will see users rejuvenate again, and advertisers come right along. emily: selina, twitter does not report daily active users and you do wonder why. selina: absolutely, the fact that they don't report it is something that they are not comfortable with. now, ned did report that there is a lot of room for growth. something that was concerning in this quarter was that dau actually went single-digit for the first time in consecutive quarters of double-digit growth, that means their healthy clean up efforts, the reduction of spam is actually hitting daily active users, the number that really matters to advertisers and is showing true engagement. so at some point they have to show that these cleaning efforts are going to draw more users to the platform. emily: the question is whether they will. cleanup efforts are incredibly important.

what is happening on twitter is driving the national and international conversation, but once twitter gets back together, , arets its act together they actually going to add a significant number of new users, 300 million users, could this be it for twitter? debra: it is hard to say whether this is it or not, but what we are seeing is twitter finally coming to terms with what it really is. it is not a social network that will be the size of instagram or facebook, it is a platform for real-time news and engagement. to the extent it can continue to promote that uniqueness from the other social platforms, i think that will draw users back. i think this constant back-and-forth of how many people does twitter have, they just need to embrace many people they have. if it is 300 million or 500 million, if trader embraces -- if twitter embraces that, advertises will embrace it as

well. emily: would twitter accept that, they will never be the size of instagram or face look book at this point? selina: i think the ceo is focused on making a better experience for the users they have come out of think he is trying to get to one billion plus users, like facebook. and to echo deborah's point, i think investors are coming to terms with the size come about because of the stock jumped, they are clearly happy with the fact that they are able to monetize and get more money out of the same base of users. the fact that mau's went down did not impact the revenue or profit they make, they were able to target advertisers and twitter is starting to offer something that snapchat and facebook, and other competitors cannot, which is the real, real-time conversation, generate conversation around the base of users. emily: and to reiterate, shares closed up more than 15% today, shares are also up over 40% over the course of the year.

now, snapchat reported numbers and all eyes were on user growth. the social media company reported that the number of daily users fell for a second consecutive quarter to 186 million, almost exactly in line with analyst estimates. the company forecasts that trend will continue and gave a weaker-than-expected revenue forecast. $355 million. this is coming as snapchat has struggled to fend off facebook's instagram. debra, can snap reverse the trend? debra: that is a big question. honestly, both snapchat and twitter are in a similar position in many ways, they have declines seen user this quarter, however, better than expected revenue. that is a positive thing, but i think similar to twitter, we have a situation with snapchat where its daily active users and in the case of twitter, monthly active users, and in the case of snapchat, daily active users

have declined yet again for another quarter. this is concerning to advertisers. the fact that snapchat has been able to monetize those users to better-than-expected extent is good, but i do not think it will continue forever. i think we will have to see snapchat do more to restart the user growth. emily: how could they do that? debra: one of those things could be finally figuring out android. the android app has been a thorn in snapchat's side for a long time now. i think once snapchat figures it out and relaunches is solid well performing android app, they will get naturally, more users who use android phones. especially in markets outside the united states, where android is really popular. hopefully, they will figure that out. it remains to be seen how quickly. emily: it is kind of a standing -- it is kind of outstanding that these many years into its existence, snap has not figured

out android, which is the biggest mobile operating system in the world. why haven't they been able to do this? debra: that is unfortunately not something i can comment specifically on. i don't know the inner workings of the android issue they have, except that to agree with you, you are absolutely right. this is something they needed to get fixed a long time ago. hopefully it will work miracles for them when and if they do get it fixed. emily: thank you both for joining us tonight and weighing in on twitter and snap. coming up, it was a wild day, to say the least, in tech earnings. we wrap up all the news. this is bloomberg. ♪ emily: the tech bump looks like

it could be short-lived after amazon and alphabet earnings. let's catch you up on a busy day in tech earnings. earnings that missed estimates, and shares have been done on the news even the revenue jumped. also but came up with a narrow miss, numbers being pointed this fingers being pointed about how much they pay partners who utilizes search engine. this comes on the is that they -- after a bombshell report that

andy rubin was paid $90 million to leave after he was accused of sexual misconduct. but intel had good news, growth is up. personal computer market lifted, and $6 billion more than it was predicted at the beginning of the year. revenue from its tc-centric business also rose to $10.2 billion. and, snap is on the decline, reporting that the number of daily users fell to 186 million. that does it for this edition of "bloomberg technology." tomorrow, we talk to intel's interim ceo, and the expedia ceo about their financial results.

this is bloomberg. ♪

comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast.

announcer: the following is a paid presentation for lifelock with norton. paid for by lifelock. >> look around, so many of us are on phones or laptops, on public wi-fi, shopping online, filling out forms and applicatio