♪ emily: i'm emily chang. this is "bloomberg technology." hour, thein the next basal islam shall permit amazon's ceo accuses the parent company of blackmail and extortion. an explicit blog post that name drops the saudi government and president trump. plus, the fallout for the federalr ami as prosecutors are now looking at how "the national enquirer" handled the coverage of jeff bezos's extra marital affair and

whether a crime was committed. as if there was not enough bezos related news, amazon is plans for a second quarter in new york city. that is called a different kind of extortion. leak but do not cause him a victim yet. jeff bezos accused the publisher of "the national enquirer" of extortion and blackmail, including apparent cooperating details. the national --"the national enquirer" fired the first shot last month. now bloomberg is reporting federal prosecutors are

reviewing whether "the national enquirer" parent company ami might have violated an immunity agreement type to hush money payments made to women who had affairs with president trump. the amazon ceo and owner of "the post" said he is not done yet and is continuing an ongoing investigation into how the tablet got sensitive photos and texts tied to his affair. he pointedly suggested that even the saudi government has a role in the story, leading us that's us with us -- leaving the ultimate cliffhanger. wow. joining us now to discuss is greg farrell, an investigative reporter on our team. let's start with what has crawled out so far. what exactly are prosecutors looking at when it comes to ami? >> they are going to try to determine to what extent this was actually just reporting that was generated by "the national enquirer" staff or if they get any help, any coordination with any political actor. , notw in jeff bezos's note just the white house

administration, but perhaps people working on behalf of saudi arabia. that is a much bigger, more explosive component to this. emily: there are so many dots that bezos has gone out that are not connected yet that may not be connected, but my assessment is this was sort of the nuclear option given what he has at stake running a public company. what is your assessment of the personal and professional risk that bezos has taken? >> we have been talking for the better part of a year of the rise of amazon and growing power of jeff bezos becoming the world's richest man, watching amazon take over when industry after another and becoming this incredibly unstoppable economic force in the world economy. i think this is a power move. this is jeff bezos sort of taking advantage of his platform, his -- the fact that people respect him, that he is associated with this great newspaper "the washington post," and really doing something to "the national enquirer" that i

don't think they expected more than anybody expected. it was stunning. to see that kind of on the heels of the super bowl ads, one of which was like this crazy ad showing how powerful amazon is. they got mark kelly turning off the lights for the whole world. today with the real estate thing, you have people in new york city kind of complaining about amazon, and amazon comes out with this saying they are willing to walk away from this deal. this is another example of the power of amazon and its founder and ceo. emily: he is also of course the owner of "the washington post," and he talked about the complexities of that in his blog post, saying "my ownership of the washington post is unavailable that certain powerful people who experience washington post news coverage will wrongly conclude i'm their enemy. president trump is one of those people. obvious by his many tweets."

we have been talking about this work, complexifier. i kind of like it. let's talk about what is at stake, dropping the president's name here, not knowing for sure what that actually means. >> yes, it's pretty interesting because at the beginning of the trump administration, we saw bezos going to these panels with president trump. i would not say it was like charm mode, but trying to find a way to work with the administration. and now, this is pretty much returning fire. the president has been tweeting at amazon's ceo for a long time, calling "the washington post" the amazon washington post. he is striking back. this will be potentially open war. emily: there is a complicated web of relationships at play here between ami and the president and who knows? maybe even the saudi government.

what exactly is next when it comes to whether or not criminal activity was committed here? greg: first of all, you got "the national enquirer" as part of the settlement involving michael cohen last summer and the payments to stormy daniels that were basically hidden campaign contributions. because of that legal settlement and the nonprosecution agreement that "the national enquirer" parent company entered into, the magazine has been in the penalty box. they have basically the equivalent of a three-year stint in the penalty box. don't do anything wrong. if there is a determination here, and this is the last thing i'm sure they want is to have several prosecutors looking at this. if there is any determination they have gone at the well again and have done something that basically amounts to a campaign hit piece or something that should be construed as an end around campaign contribution or political support, this would be very bad for them.

years ago, i helped our coverage based in london of phone hacking at a tablet owing to buy rupert murdoch. forook years and years allegations of that to explode in the public eye in 2011. when they did, it was extremely damaging to rupert murdoch. it basically thwarted his event to buy the rest of sky. it had a real damage. the fact that jeff bezos is behind this helps this jump over the years and years it took for the phone hacking scandal to explode. this is now going to be front and center and going to be investigated very thoroughly and could be very damaging to ami, put also have political ramifications again for the white house and for anybody who is involved, a supporter of president trump, who tried to facilitate and make this happen. emily: bezos is trying to figure out just exactly how "the national enquirer" got his texts, these exquisite photographs. ami saying american media believes fervently that it are

lawfully at the time of the recent allegations that it was in good faith negotiations to resolve all matters with him. the board has convened a determined it should promptly and thoroughly answer the claims. certainly of all of this is true, it cannot be mistaken as journalism. but it is also an interesting here, for theezos first two decades of building his company was a media shy ceo who avoided the spotlight.and in the last two years , he has bought "the washington post," he has taken on donald trump, he is sitting next to roger goodell at the super bowl, and running a commercial claiming that democracy dies in darkness. what do you make of the evolution of jeff bezos over the last few years? max: you know, i think there are probably a couple of ways to look at it, and one of them is maybe this is personal. maybe this is jeff bezos

deciding he has a lot of money and wants to have some fun or something along those lines. i think a more cynical way to look at it would be that amazon certainly has a lot our -- powe r. teche talking about when companies are vulnerable in a way they have been for a long time to presidential and congressional oversight. i think this is potentially a communications strategy. emily: all right. well, certainly lots remains to be seen. he opened up a lot of strands here, speculation. max and greg, thank you both for joining us. coming up, believe it or not, there is another big amazon story today.after announcing its new headquarters will be coming to new york city to much fanfare and controversy, amazon is now considering pulling out. that is next. this is bloomberg. ♪

emily: the fate of amazon's hq2 in new york has been a topic of constant debate amidst a wave of opposition from city leaders and residents. now, amazon is considering pulling the deal off the table. congresswoman alexandria ocasio-cortez took to twitter to celebrate the development. can everyday people come together and effectively organize against creeping overreach of one of the world's biggest corporations? yes, they can. yet,he deal has not closed and it must be approved unanimously by the state public authority control board.i spoke to one of the most vocal critics , new york state senator mike g and r, a democrat and a member of the board. i asked what he thinks about the new report that amazon might back out first. >> this is the type of extortion by amazon that got us in this

mess in the first place. they think they can sit there in seattle and dictate terms and hope that governments been to there will -- bend to their will. it is not going to work. $3 billion for amazon to come here is an outrage and it always has been. their view is they will only come here if they get to dictate terms and do things their way, maybe they should come. lay out the argument for us because we are talking about thousands of jobs here, senator. why don't you want amazon in your city ? >> that is a loaded question. it is not what i said at all. what i said is jobs are good, but we need to give them the right way. we subsidize them to the tune of $3 billion plus. google is really a thousand jobs to new york with minimal if any public subsidy involved. if i'm google and i see amazon is successful in extorting $3 billion from the state, i'm on the phone the next day saying, where is my money? on.so on and so

this is a discussion that should be taking place on a national level about whether this is the right way to engage in economic development policy in this country. we are throwing public dollars at the wealthiest of the wealthy and hope we get some of it back due to their activity. that is reaganomics. that is trickle-down economics that was thi -- years ago. in the hopes of the largest of the wealthiest among us may somehow benefit the common man. emily: but is there a risk or a price that you could pay if amazon just withdraws and focuses on virginia? >> that is not what is motivating me. that will be whatever it will be. i'm doing the right thing by the people of the state, by the people i represent. the chips will fall where they may. but i have a sneaking suspicion tha when asked if it is worth $3 billion in subsidies to have amazon here, the public says no.

emily: have you heard from jeff bezos at all? >> i have not. i think he's busy. emily: he has a very busy it seems. what is the message you would like to deliver to him? >> i would say they should start acting like a responsible corporate citizen and stopped exacerbating the concentration of power that is moving way too much in the direction of private corporate interests in this country. they are sitting there dictating to governments of this country how much money they want to limit them compete with each other, forcing them to sign secrecy agreements, and then threatening to leave if they don't get their way. that is not the way to operate, in new york does not need to been to jeff bezos' will. i'm going to continue fighting for my neighborhood, my state. and i think this is an issue that should receive national attention. if we can reframe the debate about corporate welfare and subsidies of these kinds of projects we will have achieved a lot. europe does not even permit this.

we are off in a very strange direction where the corporations are dictating policy more and more. it started with the citizens united decision by the supreme court. we have seen in seattle amazon does not like something the local city council is doing, it flexes its muscle and gets them to reduce their course.this is dangerous . governments exist to be a avenue for the public to express itself and make decisions about itself. if we are going to secede that to corporate powers, we are going down very dangerous road.

>> it would have to be several things. i start with setting this deal is not a good deal for the people of new york, we will throw it away. that would be the first thing necessary. emily: what if it was and spend the incentives on school, infrastructure, improvements to the community, other benefits? >> i'm not here to negotiate with you or have hypotheticals. today's activity and statements by amazon and the representatives makes clear they are not interested in having real conversations about what it would take. all the are saying is this is what we want.if we don't get it, we are leaving . if that is their view, they should leave. emily: the mayor and governor have sent no elected official was to take risk of costing the 40,000 potential jobs.are you saying you are willing to risk your career on this? >> i guess i'm saying they are wrong is what i'm saying.maybe they don't want to risk their careers on justifying $3 billion to jeff bezos. because that is the real question here.let me speak a little bit about these jobs . new york city over the last several years has been creating about 90,000 new jobs every single year. you break down those 25,000 they are promising over 10 to 15 years that this deal would call for, you are talking about maybe 2% of the city's normal job growth. it is not insignificant, but

certainly not the north an earthng -- shattering figure that will alter the course of new york city. without a real effort to talk about what the community needs, what the state needs, and not giving them all this money that we can certainly use somewhere else i think is a real problem. emily: we can't go back in time, but i wonder, is there anything to philly amazon could have done in this process to win your support, to win the support of your colleagues? >> you are asking me a lot of hypotheticals, but they have a worldview and a way of doing things. that is why we are where we are today. if the public was led into this process a year ago instead of forcing governments to sign ifdisclosure agreements, they actually had an open process where the public can express themselves in terms of how far they were willing to go and what they were willing to require back, a very different conversation.they did not want to have that conversation , and now we are where we are. emily: that was the new york state senator.we reached

out to amazon for comment on the proposed appointment but have yet to hear back. entrance it continues as lime continues a new and massive round of capital. how the company plans to take on new competition and if scooters are the next big thing. that is next. this is bloomberg. ♪

emily: electric scooters lime announced $310 million in new funding. the company is valued at $2.4 billion. the funding comes as lime looks to expand into new markets and as uber and lyft push into the scooter business themselves. joining us to discuss is sarah smith.thank you for joining us . sarah: happy to be here. the mania of grass

cutters seems to have died down so why come in with this valuation? we have not seen the mania die down. in 2018, we saw the fastest consumer adoption in technology i have ever seen, which is exactly why we don't into figuring out what happened in the state. i think the reason people are interested in this is that the reality is our cities are not set up for the future.we are seeing lots of congestion . and certainly the writer companies know that a lot of these trips are being done in the last mile. so we decided to take a dive into the micro mobility space and figure out if there was something to invest in. bain capital ventures, we like investing in early-stage startup to transfer him industries. emily: what about the competition from uber, lyft? sarah: yes, definitely something. what we found is actually managing a ridesharing company

which is the marketplace between drivers and riders is different than managing a physical fleet of vehicles. while they certainly know there are a lot of their shares in the last mile, first mile, which are not really great experiences for consumers or drivers in shorter trips. so we know and expect they will get involved. invested a bit in line. managing the company's operation of a scooter fleet like line does is different and challenging. emily: the other day i was walking across the street and saw a guy on a scooter going pretty fast and he totally ate it, lyft fell off the scooter model over.i thought to myself, whose problem is that if he gets hurt? there are safety issues here. there are certain risks associated with this business .who can be responsible for those risks ? sarah: certainly. certainly any provider of scooters has to make sure they are putting really save scooters on the road, and that is something lime has been. emily: what about reckless

driving? sarah: the same way deal with reckless bike riders, reckless drivers. at the end of the day, provide a safe vehicle. emily: is lime on the hook? sarah: if it is not about the vehicle. if it is the driver irresponsible, similar to how we treat an automobile accident. emily: there are safety issues, whether issues. list that does not work in winter or it is pouring down rain outside. what about all of those headwinds? sarah: winter, i like to say we are in v1 of winter. we learned a lot over the winter and will be better next year. when has been interesting to see is actually a lot more about precipitation. temperature.ahan lot of people assume colder temperatures would depress demand. that is not actually the case. if you think about it, if you

are in the middle of chicago and it is windy out and cold, you would like to get there as fast as possible. if youcan use is good to do that, you would do that . i used to ride my bike to school when i went to madison in the middle of january. micro mobility can work. emily: you are a big scooterer yourself. sarah: i am. emily: why? sarah: in san francisco, traffic congestion has got much worse. anyone in a lot of major cities has experienced this.i take the train to the city to commute , and when i get off the train, i look for a scooter or bike and find it to be a far faster way to get to work. it is actually fun.it is fun to be able to start my day riding a scooter. emily: are you worried about the safety and durability of the scooters? sarah: i'm not. i personally have not experienced concerns about the. the biggest key to safety is thinking about, how do they

create the infrastructure to enable what is inevitable, much more micro mobility in the future? emily: you think this is the next uber? is it that big? sarah: idea. -- i do. emily: ok for me i will keep watching. thank you for stopping by.good to have you on the show . coming up, we returned to our lead story company jeff bezos blackmail bombshell. how the allegations can affect amazon's businesses and how there are two sides to this surveillance story. "bloomberg technology" is live streaming on twitter. this is bloomberg. ♪ the latest innovation from xfinity

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emily: welcome back to "bloomberg technology." i am emily chang. back to amazon. fight with "the national enquirer" has been taken to a whole new level. ami has said it will investigate the allegations while federal prosecutors are now said to be reviewing the publishers conduct all of which could put amazon's businesses as well as bezos' already tumultuous relationship with president trump at risk. joining us is to move brian, executive editor of bloomberg opinion who wrote -- tim

o'brien, executive editor of bloomberg opinion, who wrote a biography of president trump before he became president. what is your unvarnished opinion of what happened the last 24 hours? tim: it is important to separate what jeff bezos is doing as an individual in the midst of his marriage breaking up and feeling like his privacy was invaded. that is one lens that it is important to look at this through. the second is as owner of ohshington post pure co--- owner of "washington post." i think a lot of attention stems from the "washington post" coverage of the trump presidency. i don't think for amazon institutional investors, anything signals a change at the top of amazon or a threat to how amazon is being managed. jeff

the best corporate executives ever. i think what is really working -- what is worth looking at is invasion of privacy, or how easy it is for personal information, texts, and photographs to get stolen. he has launched an investigation of how ami, publisher of "the national enquirer," got its hands on private property photographs and texts. that is an interesting thing to surface. emily: you are one of the foremost experts on this. how could "the national enquirer " have gotten his private texts and photos, and hers? >> there are a lot of different ways. the only thing we can literally do speculate. the thing to understand about the text messages sent between phones as they are not particularly secure, and there are a lot of areas where somebody could step in and intercept the text and send it to ami. inputs could the

be insecure. it could be that someone has phone ornto jeff bezos' jeff bezos' partner's phone. emily: or it could be civil as somebody sent a text or showed the phone to somebody else and that person send it to "the national enquirer." eva: absolutely. they pass it right along and uf no control of where it goes. emily: what you think of it possible president trump side of the story? trump,ame drops the saudi government. where is this going? tim: he is not name dropping without reason. david packer, -- david pecker, publisher of "the national enquirer," is a longtime friend of president trump. we know from the new york attorney's office in the southern district of new york that david pecker, michael cohen, and trump himself

conspired to have "the national enquirer" their information about trump's relationships with a porn star and playmate, and that they had a long-standing history of doing that for trump, and that the national enquirer was an advocate for trump during the 2016 campaign. there is a long relationship there. i think it would be logical for bezos to wonder why when he is battle with the president over everything from the tax rates amazon pays for its shipping to the coverage in "the washington post" that "the national enquirer" gets its hands on damaging information and especially come as bezos describes it correctly, tries to extort and blackmail him. this begins with "the national enquirer" publishing a round of pictures that is essentially stolen property, in bezos' view.

he launches an investigation of that come and "the national enquirer" comes back and says we don't like this investigation of stolen property. we have more stolen property and we will publish that unless you walk way. to his credit, bezos said i have i'mstanding, the money, secure enough in my reputation that i will take this one on. that is the next shoe to drop. ' investigators and in the litigation that arises out of this reveal about "the national enquirer's" relationship with the white house and its way of approaching journalism? emily: bezos has teased that he expected more to come to light. get hands onasy to our texts, private photos, what can one do to prevent oneself from being so foldable? -- vulnerable? thingsere are a couple

you can do to protect your pictures and texts, largely depending on who you are trying to protect them against and who you trust. when you send a picture to a arener or loved one, you trusting them not to send that picture to somebody else. you cannot do anything to protect the end point. but what you can do is use an application which deletes the pictures after a certain amount of time, which limits that amount of time that person has to pass the picture on. to-endn also use an end- encrypted application such as whatsapp so the company doesn't have access to these pictures. thosey who is a spy on cannot get their hands on this information. there are a lot of options. eff has written a guide into

practical security and privacy "surveillance self-defense." emily: thank you. now, tim, the president has not yet tweeted about this. in the past he has been quite forthcoming with his "jeff bozo" tweets. tim: he did. emily: what did he say? tim: he called him jeff bozo, upped his name-calling game despite the kumbayah of the state of the union address, and made remarks about bezos' bad-faith -- around 11:00 a.m. eastern time this morning. i think one thing to remember about the photos that were intercepted, they were not just birthday wishes. around 10 very --

nude photographs, four of them innocuous, three of them his mistress and she was in a bikini, i don't think anything scandalous. but there were three of jeff bezos' genitals. i have a hard time believing that the ceo of amazon was just going to let those particular kinds of emails go willy-nilly out on streams. perhaps he is that reckless, we need to question his judgment, but i think he's a fairly disciplined and aware person. the subset of the three photographs, if they didn't bezosate beyond just jeff and his mistress to get suspected the question of -- gets us back to the question of how did they get them. any caps off from tweet --

anytime donald trump tweets at people, he is usually not doing it from a position of strength. whether it is robert mueller or adam schiff or jeff bezos, he tends to do it when he feels threatened. emily: hang on, i have got to correct you. the president has not tweeted about this yet. the last time he tweeted about jeff bezos as jeff bozo was back in january. i do have that tweet. "so sorry to hear the news about jeff bozo being taken down by competitor is reporting is more accurate than his newspaper the amazon washington post. hopefully it will be placed in better, more responsible hands." since yes so far kept quiet about this in the last 24 hours -- who knows what will happen in --what isive minutes your take? tim: thank you for correcting

me. i don't expect he will state quiet. he is not keeping with who he is when he is confronted by what he perceives to be a threat. jeff bezos is the wealthiest man on the planet. e resources. he is clearly irked by what occurred here. he intends to pursue it. it is another line of inquiry surrounding the president that should concern the president. he has a number of people looking at his activities. emily: there is another side to the story which some critics of bezos have pointed out, some level of hypocrisy because s in certainils u ways and collects data about our shopping habits, facial recognition technology that amazon is developing. of course it is a very different kind of surveillance. what do you see -- but do you see the irony there?

eva: i think the primary difference between the type of surveillance that amazon and most of what we call surveillance capitalism engages breakingmeone possibly into phones or intercepting messages in order to send them to "the national enquirer" to publish them to embarrass someone, the primary difference is consent. there is a major issue with the surveillance capitalism platforms and the ways in which they manufacture consent on the part of their users. but this is really much more severe. this is completely different level of the trail -- of b etrayal. from the really cut same cloth, in my opinion. emily: agreed. eva galparin, thank you so much. tim o'brien, can't wait to hear

how europeans ev -- your opinions evolve on this. coming up, raising $30 million to take on the retail industry with his own consumer operation. this is bloomberg. ♪ ♪

emily: director of consumer clothing and accessories launched in 2011 hoping shoppers would buy into their philosophy. seven years later, the company is profitable and closed a $30 million funding round. the private equity firm says cuyana will be the next billion dollar brand. how do you achieve that while asking the customer to buy less? emma chandra spoke with a

cofounder and ceo. inwhen we launched the brand 2011, the market was crowded with very low quality products, or high-quality products that were overpriced. whenotto came at a time closets were full but not really full of meaningful products. this is about intentional buying an intentional living, and it is a philosophy that ends up being a peaceful philosophy for our consumer to live by. it turns out that when you are a brand that sells fewer but better products, consumers love it and come back for more. emma: eight come back and buy from you second and third times. karla: absolutely. when our products deliver on that and she uses the products to elevate her in her day, she will come back for more and we won't disappoint her. emma: like many other direct to consumer brands, he started online and in the physical

location. why that on the channel approach from the big-- omnichannel approach from the beginning? karla: the brands were getting started with the emphasis on online only. back then we thought that the customer needs to touch and feel and retail a not be going anywhere in a while. the market is going to get crowded with a lot of brands trying to advertise digitally and the costs are going to really peaked and while everybody is ignoring retail let's take advantage of those spaces that are currently open and learn as much as we can so that when we are ready we can really move forward with that channel. emma: you have five stores at the moment. karla: five and plans to open more. emma: you closed $30 million in refinancing. -- growth financing. what is that funding for? is that to expand your brick-and-mortar presence? karla: it is to expand and

notify what we have been doing so far. we are expanding and we are expanding our product line. in order to do those three really well and seamlessly to the customer, it requires a lot of investment, and the backbone of our business is complex, omni channel, lots of systems, lots of data, and needs people to do this really well so that our customer has an experience that is personal and does not feel technical. emma: what about technology? how do you leverage technology? karla: it's everything for us. we started with a very precise way of doing fashion, which was actually through -- it would be really valuing data collection and developing a tech stack that can scale and build the experience that is completely seamless. our systems are incredibly

complex, and our investment has been very strong. notct to consumer for us only to create an optimized supply chain and deliver product without the intermediate result of the customer gets the incredible price. it is also getting to know the customer so that the business can continue to evolve through time. we have been focused on collecting data points. emma: in terms of collecting data to better know your customer, how much does that impact product innovation? how does that impact inventory? does that help you decide between what might be working at what might not the working and what products to add to the roster of cuyana? karla: yes, all the time, all of the above. we always joke around about that. data actually influences even the launch of every -- the kickoff of every season we have. is inventorye add

because we are products that stay with us for many years and we get really, really good at predicting the sales of each one of those products every month, the co-allocation, the size allocation, seasonality curves. emma: you limit unsold product, essentially. karla: exactly. we are very good at never overproducing. emma: your new investors predict you will become a billion-dollar brand. how do you plan to do that? karla: well, we are excited. that is why we started the business. the first thing is product. we have done that at scale, so it really is to do that and grow more categories. fewer and better ends up being a lifestyle that is relevant today. emma: sure that happened, what does the future hold? will you go public? what do you want to do?

karla: it's an interesting question. i think of cuyana as the place i work forever and i hope my children and of working in. until we go public, it will depend on an exit plan that preserves the value of how we started and preserves the brand. emma: what you are thinking about these possibilities? karla: we want cuyana to touch every woman's lives and the goal is to be a global brand that is the destination of your better things. emily: that was the cuyana cofounder and ceo with bloomberg's emma chandra. hasese tech giant huawei threatened legal action against the czech republic if the country's cybersecurity agency does not reverse a warning about what the company poses to the country's infrastructure. it has long aroused suspicion that it works for chinese government interest.

secretary of state mike pompeo plans to tell u.s. allies that the u.s. expect them not to abet rivals. still ahead, we go inside shenzhen's robot revolution. the same electronics faster and cheaper. this is bloomberg. ♪

emily: there will be a new chair at verizon, the largest wireless carrier in the united states. the current chair is stepping down. the new chair completed an overhaul of verizon, zeroing in on network services and the expansion into 5g technology. in the latest episode of "hello world," factor in shen shen that makes cheap phones thanks to the hard work of human factory employees. new machines are coming online that can elbow smartphone

end-to-end completely by robot. reporter: they operate a factory much like any other in shen shen. they make cheap smartphones and electronics. they have built a complex where workers can work right beside the factory line work around the clock for a couple of years, and hopefully buy a better life for their families act home. -- back home. but things are changing quickly come in a way that does not favor the common man.

these lines are staffed by about 80 people, but right now there are new machines that will connect smartphones end-to-end. the factor of the future looks like this are closed off loop where robots past components among each other and finished products pop-out at the end. all those workers have been replaced by one lonely final inspector. is a strong sign that the future of shenzhen is less for these guys and more for these guys. the dolly builds these automation machines. behind me are some of china's best and brightest engineers, parted work building the machines you see on the floor today and the ones coming tomorrow that will automate the entire factory life. nowhere will face more turmoil than shenzhen, as the robots

rise and send millions of workers to the unemployment line. emily: you can catch the full episode at bloomberg.com. that does it for this edition of "bloomberg technology." on monday's show we will be talking with the ceo of soto's about the company's latest earnings and the supply chain challenges out of china. and "bloomberg technology" is livestreaming on twitter. follow out global breaking news network tictoc on twitter. i am emily chang. from san francisco, have a wonderful weekend, everyone. this is bloomberg. ♪

david: if you could be a great athlete or you could be the ceo of an athletic apparel company, what would you rather do? kevin: i would take ceo every day of the week. maybe not every day of the week. [laughter] david: stephen curry, great basketball player, if he comes over your house, does he let you win? kevin: if i won a game against stephen curry that would be a problem. david: you're in the apparel business. kevin: that jacket lets you recover your muscles faster. david: i'm feeling the blood flowing already. >> would you fix your tie, please? david: people wouldn't recognize me t