emily: this is bloomberg technology. coming up in the next hour, shifting into reverse as rebuffed -- abruptly, elon musk keeps many of tesla stores open raising prices on electric cars to pay for cost. china and indonesia have after antheir fleets, ethiopian airline crash killing all 157 people on board. it is the second fatal disaster

for boeing's best-selling model in five months. buy a chipmaker for $9.6 billion after outbidding rivals like intel. does it mean more consolidation income? first to our top story, elon musk is hitting the brakes on closing the doors at some of tesla's retail stores. the carmaker will raise average vehicle prices by about 3% and keep some stores open. this comes days after tesla alarmed analysts by announcing it would wind down most of its brick-and-mortar stores and move to online only sales. blogng us now,: know about thewe motivation? >> we know very little. the company said next to nothing

about its rationale point. this is the decision that caught employees off guard and caught investors off guard and analysts were not expecting this whatsoever. with all due respect, i think the comment of the day on this this morning was this looks like amateur hour on tesla's part. thatwas a decision blind-sided everybody. there is a common nation of factors that led to us reconsidering, it would be difficult for -- to get out of leases for where it has stores. beingwere concerns about able to see and touch and feel the cars. after the ways in which this industry is changing, that still matters to a lot of people. emily: that comment coming from ever core that said this was amateur hour that tesla needs a stronger layer of middle management. are you happy with this

decision? >> this is not different from what we were told off-line after they made a decision they would go through an evaluation process and shut down a certain number. we do not know what the process was for making this decision got announcedwhat this week. there is some question around that but it returns to concern about management. that is always a concern when you see an organization like this that has had significant turnover over the last couple of years. tesla isc suggested doing this because it did not get a positive reaction on orders. this is on the same day that musk announced the $35,000 model three. could it be that the online orders did not measure up with expectations? >> that could have been a factor here, i am not sure to what -- what extent tesla is communicating, it sounds like they are being cagey with the

analyst randy about what played into this but it stands to reason that reading the tea leaves you are seeing reports as we rode up last week from inside v's, fed does an estimate of how many cars tesla is selling and they see a slowdown in the model three and the model s sales as well in the first couple of months of this year. some of that will be seasonal with the first couple of months of the year is weak for the industry and tesla did say they would focus on deliveries to europe and china this quarter so it is not a total surprise. you have seen some of the analysts raise concerns about weaker sales and that may be playing into mosques guidance a couple of weeks ago that he does not expect to earn a profit this quarter. you concerned about weaker sales? >> the heart of this story is about depth of demand.

the volumes that they need to see significant operating leverage so there is a couple of things we like to highlight, significantly outsold anyone's expectations especially on the high end. there is more demand that a lot of folks are looking for in this model three class. as we look against some of the competition, average price, $46,000 for competitors. sales numbers for the audi and bmw, they would have to take a significant share here. we think it is definitely a possibility. the depth of overall demand is sufficient to support them. they would be competing aggressively with the other carmakers in this space. we think they can get to those numbers and the real question is how much money are they going to make on those sales? getting to $350,000, $40,000 model three, they need to be in the 20% range gross margin aces -- basis and we're in the camp of saying that we think that happens.

were starting to see evidence of that as we start to see what q2 guidance looks like. emily: we are getting new information about what tesla employees knew when regarding elon musk's tweet, including one for employee who apparently spilled the beans to the sec, saying employees knew about it internally and question whether the plan was legitimate. give us in a nutshell what happened here. craig: this is a former security manager who's being represented by new york attorney who has represented a few folks who have submitted whistleblower complaints to the sec. this x manager says there was knowledge of this idea that tesla was going to go private and doubts that that was going to be possible before elon musk sent his now infamous funding secured tweet and other posts on august 7. tesla is pushing back, they are

saying that this guy was fired after about a year with the company and that this is untrue. this is a report that you have to sort of take with a grain of salt, just given tesla's push back and the way in which the fraternity has been aggressive about trying to generate publicity about his attempted whistleblowers. emily: you will continue to follow that one for us, craig and colin, thank you both. the alphabets ceo and cofounder larry page personally approved $150 million severance package for android creator andy rubin while the company covered up his alleged action. part of the complaints were redacted and were just revealed today. this is what we found out. what exactly is new here? >> what is new is that larry page, the ceo of alphabet,

founder of google, he was personally responsible for a $150 million equity grant to andy rubin. but we still don't know is whether larry page knew about the investigation into andy rubin that eventually led to his termination. he was already under investigation by people at the company, by hr at the company, for sexual harassment. during that time, larry page made a decision to give him $150 million stock grant, when he was eventually fired, was negotiated down to $90 million. emily: investors in the complaint are also targeting the board and others. what are the next steps here? >> the accusations against the board are that they were not involved in a lot of these things that were going on.

the complaint alleges that larry gave this equity grant to andy rubin without even asking the board. $150 million is a time of money, even for a company like google. google has a history of giving extremely high compensation to its top performers, believing that is what has led to its success. larry page then went to the board and ask for what the complaint alleges was a rubberstamp approval. not only do we have a story about how the company handles sexual harassment from top performers, we have a few questions about corporate governance and whether the board is involved in the conversations that it should be involved in. emily: i have a source you told me that the founders of google believes that rubin was perhaps never fairly compensated for android, which was a huge innovation and brought a lot of revenue to the company.

do we know anymore about the motivation for a potential massive payout in the midst of credible misconduct allegations? >> of the question i'm asking people that i think we are still trying to find out, even though the story about andy rubin has been out there for a few months, is who knew what, and when? when the original payout was given, purely because, like you said, andy rubin had a major contribution to the company and its future, or whether it was given even though the company knew that these allegations were swirling around him. the original reporting about this set the $150 million allowed andy rubin, when he realized he was going to have to leave the company, to negotiate what ended up being a $90 million severance package. the allegations saying the company was giving him way too much money to begin with, and that allowed him to leave with such a large sum when he was fired.

emily: and he left without any mention of these allegations, and google invested in his next company, playground. we cannot forget to mention that. thank you so much for that update. the invitations are out. apple holding an event on march 25. the iphone maker is expected to introduce an original video programming service and in new premium magazine subscription plan. the video service is designed to rival netflix and amazon and will couple apple developed or funded tv shows and movies with the ability to subscribe to content from providers like starz. the event will be held at the cupertino, california, headquarters. we will be there. and china and indonesia halt flights of the boeing jetliner after the second deadly crash in just five months. we will discuss whether lack of politics training to use new -- pilot training to use new

technology on the plane is to blame. this is bloomberg. ♪

emily: boeing sold the 737 max as a fuel-efficient advancement to its popular 737, incorporating more automation in the cockpit. now, two fatal crashes in the last five months, one of the coast of indonesia, and now the ethiopians light shortly after takeoff have put the 737's previously sound safety record under the microscope. joining us to discuss our guest. what is the latest we know about the cause so far? >> very little about the cause of this accident in ethiopia.

it is interesting that within the last few minutes, the u.s. federal aviation administration which certified the plane is essentially indicating it is not planning, at least for the time being, to ground the 737 max models. overnight, china and some other in indonesia did take that action. at least for the time being, not only do we not know what happened, but there has been no move to ground the plane here in the u.s.. emily: anthony, you are a pilot and have trained pilots. as i understand it you have flown on two of these and noted some anomalies. what particular kind of anomalies did you monitor? anthony: well, i flew as a passenger in first class out of addis ababa on ethiopian air. i found it unusual that during the landing phase of the flight,

just before the aircraft touched down on the runway, pilots normally raise the nose a few degrees to soften the landing. in this particular case, the plane's pitch, it's up-and-down movement, was an oscillation, which is not the normal procedure to follow. i first thought was perhaps they have an inexperienced first officer and he is being trained on his first passenger flight. on the return flight, i experienced this same exact event that the different flight crew, not unsafe, but certainly not a normal procedure. emily: give us some context and parallel with what might have happened here to the lion air that happened five months ago.

there has been some reporting that boeing has been working on revised software as result of that crash. what do you know about that? alan: there are number of threats in that accident in indonesia that might be part of the cause. the plane had had maintenance issues for several days prior to the accident and they were not able to fix the problem. the pilot actions were questioned by the indonesians in their preliminary report. then you have this sort of underlying issue of a new boeing safety system which is added to the max playing and it -- the max plane and it automatically pushes the nose down if it senses the plane is about to inter-what is known as an arrow dynamic stall. that generally means the nose is pointing too high, so trust to push the nose down. in this case there was a malfunction. it was pushing a perfectly good aircraft nose down for no reason, and the pilots were sort of fighting back. there's an easy way that shuts off the motor to push the nose down and they were never to do that, and eventually the plane

crashed. the reason is interesting here is that the plane outside of addis abbaba did have some unusual defense. we don't know if it is related, it is too early to say, at least for now the faa is not grounding it. that suggests is probably not a direct link, but it is something everybody is keeping a very close eye on. emily: i want to be really careful about speculating because there's so much we don't know. anthony, given the fact that these planes were equipped with more advanced automation, the concern has been raised that perhaps the pilot and crew were not necessarily trained to deal with that kind of technology in the software update from bowling has taken many months. we don't know why it has been taking so long. do you have any concerns about the technology on the plane and

the ability of the crew to deal with it? anthony: pilots should always be trained in all the important systems on an aircraft. they should also be trained to respond to malfunctions in a way that keeps the flight systems safe. in this case, it would've been very simple, in the lion air case, very simple to just switch off the in caste system. -- the mcas system. that is all you have to do, flip one switch and the system disconnects, and you can regain control of the aircraft. however, boeing and the faa, during the design of this particular feature and the installation of this aircraft, felt that it wasn't necessary to either alert the pilot that the system was working in the background, and to provide proper training for them in

malfunctions. it was simply left to the pilots own discretion. emily: interesting. lots remains to be seen here, of course. alan will continue to cover this for us, and analyst anthony roman. coming up, cashing in. nvidia makes a big move to bolster its move into data centers. what its purchase means for the chip sector. this is bloomberg. ♪

emily: nvidia has agreed to buy a chipmaker in his largest purchase ever. the deal is worth just under $7 billion. despite the size of the deal, it won't rank in the top four semiconductor deals of all time. the move is to help it push into a market and meet the need for greater processing power across networks. what is the motivation for this?

>> to hear from nvidia, data centers in the future will be not just a group of computers, they will be one big computer, basically. so they interconnect between all those individual components. emily: you spoke to the ceo last night. >> i do the interconnects and that's why it is important for nvidia to get hold of it. emily: there was a big wave of consolidation in the industry which seemed to have stalled after this point. >> that's right, to three years ago, semiconductors were the hottest name in mna. a huge amount of consolidation, and companies try to do some of the things last year. i'm sure you remember qualcomm, and deals that fell apart. they have been pushed back by regulatory concerns. we've seen a shift into some of

smaller deals. it's a big number but it doesn't rank in the top five deals. emily: is the deal going to be subject to regulatory scrutiny? >> mellanox didn't go up to the offer price. there are concerns that it would face regulatory scrutiny, which could take a while. emily: terms of what else could be in the pipeline, would you say we should be looking for smaller deals? elizabeth: we know it is a competitive process. ian is the expert in this area, but we know there's a lot of $1 billion-$5 billion companies that are potential targets. emily: what kind of chatter are you hearing about what could be coming next? ian: there's a lot that hasn't changed. there's a lot of companies that just frankly aren't big enough. they are reasonably profitable

but they are not big enough to stay competitive long-term. one analyst note today said those in a similar business may be the next ones to become a target. there are a lot of companies on that scale. emily: nvidia beat out intel. what does that signify? ian: according to our reporting, there were a number of other companies that were interested in that may have prompted this deal to be announced when it was, regardless of whether it's an easy process of approval or not. emily: what else could be in the pipeline that you are watching? elizabeth: in terms of tech, ipo's, a lot of them could go down the m&a route. semiconductors, intel lost out here. maybe we look for them to do something different as an alternative.

emily: elizabeth and ian, thank you so much for bringing your reporting on this. elizabeth warren continues targeting big tech. why she thinks breaking up u.s. tech giants could sustain competition. that is next. this is bloomberg. ♪

emily: this is "bloomberg technology." i'm emily chang. democratic presidential hopeful senator elizabeth warren is going after big tech. after laying out her proposal to break up big tech last week, she took her arguments to the annual sxsw festival. she made the argument to an audience of many tech entrepreneurs that breaking of companies like amazon and google would keep the marketplace competitive. sen. warren: there's opportunity to do what you do best, to come up with a great idea, to work your heart out to make it happen. to be able to compete on a level playing field is taken away by these platform giants. my view is break those things

apart and we will have a much more competitive, robust market in america. emily: joining us to discuss, bloomberg executive tech editor tom giles. and on the phone, susan warren, who has been covering democratic presidential hopefuls at sxsw. no relation to the senator. what was the reaction to senator warren's remarks on the ground? susan: this was a very youthful, techie crowd and they loved her. she made the pitch about what it is worthwhile to them and their future careers to see more opportunity and diversity in the marketplace. she was easily the most popular -- she got the most popular response from the crowd over the course of the whole weekend. emily: didn't the moderator asked the folks who work in big tech to stand up and pointed out these are the people that would lose out as a result of her

proposal and she said boo-hoo? susan: she said that about the company's making more profit. it was not that she was not sympathetic with the potential unemployment. in fact, she thought it was expanding the employment opportunity. that was her pitch. i talked to one young man in the crowd who just graduated from berkeley and was going to work for google. he was not so sure about the breakup proposition, but was on board with the idea of more scrutiny, regulation, especially when it comes to private data. emily: tom, walk us through how her plan will work. a lot of what she is saying could make some sense. tom: she put a lot of thought and time into this. there are a couple of different -- one of them very straightforward. break up the big tech, some of these mergers. for example, facebook bought whatsapp, instagram.

she talked about amazon and zappos. she has a list of deals she will take a closer look at. she's taking a look at some of the big trust busting cases in history. when these companies start to operate like a platform, like utility, and they are competing as part of that platform or with those platform participants, that is where she is also looking for some kind of way to separate out those businesses. for example, amazon. amazon is a case she keeps coming back to. that is a case where amazon has created this huge marketplace for millions of sellers to peddle their wares, and amazon is also a competitor. emily: amazon is selling its own batteries, baby wipes. tom: exactly. i just noticed she cited our colleague's story that he wrote about a couple of years ago that says once amazon sees your product is gaining traction,

gaining popularity, amazon has a way of creating its own white labeled version of that and creates this competitive atmosphere for its marketplace participants. emily: talked about amazon, facebook and google. she also added apple to this category. she said you have to break it apart from their app store. either they run the platform or play in the store, they don't get to do both at the same time, so it is the same notion. tom: there has to be in interim step where maybe these proposals gain traction. maybe instead of actually a full breakup, you see a company like apple potentially may be getting out of some of the businesses where it is allegedly competing with app store participants. i mean, that could be an interim

step. another interim step, for example, would be paying closer attention to the ways that facebook operates and spreads information. maybe forcing them to be a bit more transparent about who is funding a particular advertisement. who is behind a particular piece of information that is being circulated. people talked about treating facebook and google more like traditional media companies. there are interim steps. emily: senator amy klobuchar, who could announce she is running for president, said she wanted to see in investigation to see if breaking up tech companies is the best option. how were the other candidates received at sxsw by this tech savvy crowd? susan: i think everyone was -- all the candidates i heard speak were very interested in seeing more regulation over the tech companies. none of them went as far as elizabeth warren in proposing a breakup, but they were open to studying this question, looking at what needed to be done.

closer scrutiny at the mergers. maybe a little bit of retrospective regulation of mergers. overall, solving this problem that nobody anticipated having 30 years ago. emily: have we heard a reaction from any of these tech company so far? tom: they are not saying a lot. emily: we know they are lobbying in washington. tom: they have good reason to lay low on this one. look, the fact that these proposals have come out this early in the campaign shows that this issue is not going away. she's gaining traction with it. it does resonate with some of her base. the tech industry will have to come up with some kind of response. emily: we will be waiting for that. tom giles, our tech executive editor. and susan warren for us. thank you. russian internet trolls are shifting their strategy ahead of the u.s. elections in 2020.

is that of creating their own propaganda, cybersecurity experts are saying they are using fake accounts to build enormous followings and promote, even hacking into devices to create new social media accounts that look legitimate. joining us to discuss is alyza sebenius. explain what the trolls are doing now. alyza: internet trolls appear to be shifting their tactics ahead of the presidential election. what experts are seeing is that they have shifted their focus to amplify existing content on the platform rather than create new propaganda. the russian internet research agency appears to be among those that are implementing the strategy in order to circumvent the protections that twitter and facebook, as well as instagram, put into place after russia meddled in the 2016 election. emily: is it something the federal government is focused on?

are they looking at this closely enough to be able to potentially stop this from taking off like it did in the last election? alyza: the federal bureau of investigation has focused on preventing foreign influence campaigns. they have a task force, speaking in san francisco last week, the director of the fbi said they are sharing information with social media companies. however, he also said these kinds of campaigns are ongoing and intensifying during election years. emily: what are the companies saying about this? we know that facebook and twitter have talked about the resources they are adding to these efforts. facebook specifically hiring thousands and thousands of people. but, what is the companies' position on how they are going to stop this? alyza: it is a slippery problem. speaking at the same conference last week that the director of the fbi spoke at, the head of cybersecurity at facebook said while they want to reduce the kind of bad conversation you see

on these platforms, it is difficult to do so without stifling the good, healthy conversation. they seem to be grappling with this issue. emily: all right, alyza sebenius, thank you so much for that report. something we will continue to follow. coming up, mark zuckerberg has made a privacy promise, but can he deliver? our next guest says it is all about the execution. it might be harder for facebook to pull off than it thinks. later, nasa wants to return astronauts back to the moon, but it will need the private sector to get there. we will discuss the role of startups in the agency's moon to mars program. this is bloomberg. ♪

♪ emily: at&t is diving deeper into e-sports. the company backing a new amateur mobile gaming tournament. it will be the founding sponsor of the open which kicks off its new season next week. e-sports contestants play videogames in front of live and online audiences. other big-name sponsors include intel, coca-cola and mercedes-benz. facebook has won itself another bull. nomura raised to buy from neutral, saying users are transitioning to the social network's stories feature faster than anticipated. it raised its price target. the move comes after mark zuckerberg announced a new initiative focusing on private and encrypted communication for all facebook platforms.

here to discuss is gennie gebhart, from the electronic frontier foundation, and jitendra waral. i should say, gennie, you're focusing on messaging specifically. when mark zuckerberg announced this, what was your first thought? gennie: it is great to see facebook embracing these privacy and security fundamentals. it is great to announce a plan like that, but implement a plan like that is another thing entirely. secure messaging is hard to get right both of the technical level and policy level. there are all sorts of places in the announcement that the company could fall into a lot of different traps that can go wrong for users. a few that stand up in particular, the announcement of messaging. the message will not stick around indefinitely. emily: just like snapchat. gennie: the company knows that. it can mean a lot of different things. how quickly does it disappear?

does it disappear only on your device? is it white from facebook servers? a lot of questions have to be answered. emily: nomura is liking what it is seeing in general, but what do these changes -- we don't know how they will be implemented -- what do they mean for facebook's bottom line? jitendra: one implication is they could bring together over 1.5 billion people on whatsapp. you have messenger coming to instagram. that could help the growth story. stories flow different platforms across facebook. you did see an increase as well. what it sets them up for 2020, revenue growth is expected to be 1.1%. that is largely in line with what the mobile advertising growth is expected to be. emily: data to target ads based on? jitendra: it is a dance of price and volume. the data target will be value of strength, not absolute strength. this year is risky because this

transition could come at a lower price point for the apps they are going with stories. what it does set them up for is market share in 2020. if they do so, they will beat expectations. emily: part of this is in preparation for zuckerberg's plan to merge the messaging infrastructure behind facebook messenger, whatsapp and instagram. very foreboding. what are some mistakes that facebook easily make? gennie: the impending apocalypse of "whatsamessenger." two large mistakes are exactly how encryption is presented to users and whether or not backups are encrypted. right now, facebook messenger has an encryption option, but it is not on by default. it is called secret messaging. that can be confusing to users. defaults are king, so it is unclear if a lot of users will

take advantage. emily: what about whatsapp? those messages are encrypted supposedly. can we trust that? gennie: they are encrypted end to end, but a big chink in the armor is a feature called automatic backups. you might get a question when you first create whatsapp asking you how often do you want to backup messages? what that does is it stores an unencrypted copy of your messages on apple's or google's servers, depending on your phone. for users that rely on end to end encryption, that undermines the protection. those messages are available to apple or google, law-enforcement requests, leaks. how backups are executed is a big question going forward. emily: investors have been waiting a long time to see how monetization will play out for facebook messenger and whatsapp.

does this mean they will have to wait longer? jitendra: she mentioned the complexity. certain countries also have issue with it, with encryption. we feel like this year and next year will be focused on stories. we think they can pull off within their current construct, but this idea of going after payments, e-commerce, that requires these issues to be resolved first. it is the timeline we feel both aspects will take longer, but what is in their wheelhouse, stories and advertising. emily: given that facebook has compromised user trust and privacy many times, and facebook has admitted and apologize many times, can we trust that facebook really will be more private even though facebook itself is still going to have this information? gennie: i think time will tell. you make a good point that facebook will still access to

this information even if all of your messages are encrypted. facebook and still get the metadata. that still tells a very detailed story. to have all of those communications under one roof, a roof that does not have a history of responsible stewardship of privacy is concerning. emily: are you lobbying facebook right now as they work through these conversations or having conversations about how they will moment this stuff? gennie: we're always going at facebook to do better by facebook and privacy. we are asking specifically for different protections on whatsapp and facebook about user control and choice about the phone number privacy. we don't have to look far to see phone numbers are not safe on facebook. they are not left where you put them. facebook has already messed that up with two-factor authentication. it is very important that is cleared up and those safeguards are put in place before we can trust facebook will do the right thing with merged messengers. emily: facebook actually had a strong earnings report last

quarter. what are we expecting this quarter, aside from a lot of questions from analysts? jitendra: pricing will be the biggest uncertainty. last quarter, a lot of questions about pricing. as they transition to stories, the ad volume opens up but that helps them at a lower pricing. moving away from newsfeed is not a small thing. this year will be a transition year and we see risk and pricing continues to be the topic. emily: jitendra waral and gennie gebhart, you will have to keep us posted on your conversations with facebook. still ahead, nasa is aiming to put astronauts back on the moon by 2024. how president trump's 2020 budget request supports its lunar mission, next. this is bloomberg. ♪

♪ emily: nasa is speeding up its moon exploration. president trump delivered his budget proposal to congress, requesting $100 billion for the agency to fund nasa's moon to mars program. the lunar mission looks to transport humans back to the moon and eventually mars. the private sector will be an important part. joining us to discuss is chad anderson, ceo of space angels, a network of investors focus exclusively on early-stage commercial space ventures. is nasa right to be focusing on the moon instead of mars at this moment? chad: so, as you rightly mentioned, the budget is out and really emphasizes the moon over everything else. i think the administrator said very clearly this is a stepping stone for the moon as a staging area.

the place for us to test out the technology we need to go to mars. that is still the horizon goal, but the moon is much closer. it allows us for big wins early on and develop the technology to go to mars eventually. emily: is there anything in particular we will learn from the moon itself that we don't already know as opposed to deep space explanation, which arguably, there is more to know? chad: what it allows us to test the technology that we will use to go to mars. as investors in this space economy, it is important that nasa will be partnering with the private sector in a bigger way. that was the highlight of the announcement today.

there are a number of companies that are working to put a lunar gateway in the orbit of the moon that is going to allow us to do a number of different things. one, it will help develop the launch sector that will go farther beyond the orbit. it will allow us to develop the landing technology to go. there are a number of companies already working on technology that is being funded by the commercial lunar payload program that is $2.5 billion over the next 10 years -- that is funding a number of smaller and medium-sized landers that will go directly to the lunar surface. this helps us set up the landing technology and technology we need to sustain a presence around another planetary body. in addition, the moon ask as a fantastic launch point to go into a deeper space mission. the gravity environment on the moon is much less. to be able to launch from the moon to deep space is much easier. emily: we have not focused on spacex which is working towards getting a human into space for the first time since nasa paused the space program. what are the other smaller companies playing a critical

role here that we need to know about? chad: $300 million set aside for the larger human landers. that is the thing that spacex and jeff bezos' blue origin is doing. this $2.5 billion i mentioned earlier, that is going to smaller companies as well. astrobotics is a company that is privately funded. it has been working with nasa and developing relationships over a number of years. it's a key player in this program that will allow nasa to deliver payloads to the moon for the first time in a long time. what this is going to be, to the best of its capability, but also lay the initial infrastructure that will allow for a habitat on the surface of the moon, which looks very similar to the space

station with a rotating crew of people that are there on a sustained basis, and we have a continuous human presence there. emily: the u.s. is not the only one with eyes on the moon. israel, china and russia all have their own plans. we will be charting all of this. chad anderson, thank you so much for stopping by. that does it for this edition of "bloomberg technology." on tomorrow's show, i will be sitting down with former u.k. prime minister tony blair. he has been advocating for a second referendum on brexit. we will also get his take on the latest developments in the divorce process and his views on tech and emerging technology. "bloomberg technology" is live streaming on twitter, @technology. follow our global breaking news network, tictoc, on twitter. this is bloomberg. ♪ you.

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♪ this is bloomberg daybreak middle east. asbal growth fears continue you research funds expansion at its weakest since the financial crisis a decade ago. tosingapore is the latest down the 737 but the faa says it remains airworthy following the fatal crash. president, ones of africa's longest-serving