emily: i'm emily chang in san francisco and this is bloomberg technology. president-elect biden is said to propose a $1.9 trillion stimulus plan. we will have all the details. plus, the right decision for twitter. ceo jack dorsey defends the social network's decision to

ban president trump's account. we will discuss. the retail markets sizzled. another tech ipo, another when under percent pop. investors seem to agree there is a huge market for used goods. we began with that massive stimulus plan. 1.9 trillion dollars in aid proposed by president-elect biden. breaking a two day rally. ed ludlow has more. walk us through the end of the session as we got those headlines. ed: on a down day, it was technology stocks that were underperforming. as the market digested the reports, the s&p 500 off by around four tens 1%. the nasdaq 100 off by six tens of 1%. some interesting subplots within the technology sector. there is a bifurcation here. if you look at the philadelphia

semi conductor index, the gauge of ship stocks come up by 2%. how often have we been talking recently about the outperformance of semi conductors versus broader technology space versus the s&p 500? the n.y.c. fang index off. the likes of apple, not really doing well in 2021 so far. apple off by 1.6%. down by almost 3% so far in 2021. barclays sounding a warning on thursday saying apple's valuation is a concern. they think the stock could fall as much as 10% because of the potential in 5g. samsung a big rival to apple, revealed its latest generation of phones. tesla off within that basket. it is only the second negative day at has had in 2021 so far on news of a recall. emily: we have seen bitcoin

really bounce back over the last couple of days, leveling off again today. what we are seeing there? why is it on the up again? ed: bitcoin media is still in full swing. the buzz word being volatility. it goes up one day, down the next. it is an update today. pushing hard to go toward $40,000. what analysts are saying about bitcoin is there is increasing and -- increasing interest from retail investors and that bodes well for a continued rally in bitcoin. bitcoin gained 300% in 2020. that is causing some concern that that big run-up in the price we sell over 12 months, how likely is that to continue? an update for bitcoin. erasing some of the losses we saw. back on positive footing. emily: ed ludlow, thank you so much for your insight.

i want to get back to the big story of the day. president biden set to unveil the $1.9 trillion covid relief package. joining us to discuss, peter coy. what do we know so far about what the package will contain? how will it be different than anything that passed during the trump administration? peter: the big thing they will do is give more money to people. the checks, which were limited to $600 in the bill that passed under trump will go to 2000. it will extend the supplemental unemployment insurance, which is scheduled to run out in march. more rates for skate -- for states and localities. something the democrats were pushing for and not able to get through under the trump administration. this will go to things like vaccine deployment and trying to get schools open, which has been a big priority for

president-elect biden. child tax credit and so on. this is the first stage. there is another ask he is going to be having later. it is going behind the 1.9 trillion that will get to things like infrastructure and climate. he wants to knock this one off first. emily: $350 billion in state aid. $160 billion for vaccines. what is the likelihood he will be able to get republicans on his side? i believe no republicans supported bill clinton's first economic plan and even less than a handful obama's? >> only three for obama. there is a long history of lack of bipartisanship in washington. nothing new here. things have reached an extreme over the past week. the fascinating question is whether biden is going to get any kind of honeymoon from republicans in congress.

it could be that the blow of the capital invasion last week was so extreme it will rattle people and cause them to behave a little differently and maybe say, let's see if we can work together. that is going to be biden's play tonight. he is going to save folks, let's see if we can work together on this for the good of the people and stop making this a zero-sum game. emily: that was my next question because obviously we saw a significant minority of republicans supporting impeachment and i wonder if the way the trump administration is ending changes the way the biden administration will begin and if the fact he has been -- all along he has not been focused on impeachment himself. he has been focused on the message of unity. how much does that help them? >> others look at this and say

you claim you are in favor of unity and here the democrats are trying to convict trump of high crimes and misdemeanors. you cannot have it both ways. it is going to be interesting. there are republicans in the house and senate who like the idea of getting more money to people. marco rubio of florida for example is in favor of the $2000. it does not take that many republicans to sign on. they need 60 votes in the senate to pass this without having to worry about a filibuster. emily: what about the actual distribution? it was not so smooth during the trump administration. what is your level of confidence biden's team will be significantly better? and that the process will go smoothly. >> i do not think he is going to

wave a magic wand and everybody is going to get the vaccine. all we can hope for is they will move in a better direction. providing more money to states and localities is a big help. some of them do not have the money to hire the people who are needed to get this out. it is penny wise, pound full of. the fact we cannot spend the money to get the economy restarted when restarting the economy would produce a lot of money is totally backwards. emily: peter coy, thank you so much for your analysis. we will continue to follow how successful president-elect will be in getting the support he needs. it obviously is a huge package. $1.9 billion. coming up, dorsey tweets. we finally hear from the ceo of

twitter directly in a series of tweets after the company band president trump from the platform. the potential consequences, next. this is bloomberg. ♪ (announcer) back pain hurts, and it's frustrating. you can spend thousands on drugs, doctors, devices, and mattresses, and still not get relief. now there's aerotrainer by golo, the ergonomically correct exercise breakthrough that cradles your body so you can stretch and strengthen your core, relieve back pain, and tone your entire body. since i've been using the aerotrainer, my back pain is gone. when you're stretching your lower back on there, there is no better feeling. (announcer) do pelvic tilts for perfect abs and to strengthen your back. do planks for maximum core and total body conditioning.

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emily: twitter is standing by its decision to been president trump. ceo jack dorsey says it was the right decision in the name of public safety, but he sees the move as a failure to promote healthy conversation on the platform as well.

we are joined by bloomberg tax court rag. -- bloomberg tech's kurt wagner. it was a lengthy thread. he said i do not celebrate or feel pride in having to abandon trump from twitter after a clear warning. we made a decision with the best information we had based on threats to public safety. having to ban an account has significant ramifications. while there are obvious exceptions, i feel a ban is a failure of ours to remote -- to promote healthy conversation. >> when i first saw this, i thought this is such a classic jack dorsey response. it was lengthy. it was higher. he was clearly trying to give people a glimpse into how he was thinking about this but raised as many questions as it answered at the same time.

the one takeaway i had after reading this was that he is kind of challenging and questioning the current situation and the current set up of tech companies like twitter having the power to do this. he talked about this idea of decentralization. i got the sense he is basically begging for some type of regulation and help from the government. weird him and the -- we hear it him and mark zuckerberg asked for that. that is what he is trying to say. is that the best approach to this or should there be some other governing body year to help us make -- body here to help us make these tough calls? emily: it is a little bit wonky and buried at the bottom of the thread, but he calls for an open decentralized standard for social media. what does he actually mean by that? >> he has talked about this before and twitter has talked

about this idea that because of the challenges of twitter policing itself and because it is inconsistent, should there be a rules free set up? he mentioned bitcoin for example as an idea that supports this. that is the decentralized cryptocurrency. he has a huge believer in bitcoin. he is a huge believer in crypto as a philosophy. he is posting -- he is posing this question as, what would social media be like if it did not have all these rules in place? he and mark zuckerberg have asked for more regulation. i think this is in the same vein but at the same time very opposite. what does social media look like if there were not a lot of roles? it is an interesting idea, but i think it is dangerous and it is where we are at right now with this parler situation. they have tried to create a network without rules.

amazon has already suspended them. it is a tough conversation to have. emily: i want to compare what jack said with what sheryl sandberg had to say at a waters event. some of the clips have been getting a lot of publicity. i wanted to put the quote in full context. she said we know this was organized online. we took down qanon. we took down proud boys, anything talking about it last week. there were still things on facebook. i think these events were large -- were organized largely on platforms that do not have our standards, do not have our transparency. we are working to find any mention this might be related to this and making sure we get it down as quickly as possible. you reported that violent activity did appear to take up on facebook ahead of the capital right. what to do you make of what

sandberg said yucca -- what did you make of what sandberg said? >> it is quite different from what jack dorsey said. he said we see this as a failure of ours. she has taken a different route and tried to deflect. she got a lot of negative attention for not taking responsibility. what we have seen and what i have reported yesterday is there has been an uptick in people posting what facebook is calling flyers. events that are going to be coming up in the next opal days around the inauguration. the flyers have violent language. facebook is trying to take those down. there is no doubt that facebook is at fault to some regard. at the very least it was the place where qanon and other conspiracy theories grew in their early days. if only that, i think that alone

is enough for facebook to be taking some responsibility. clearly sheryl sandberg saying that was not respond -- was not well received by people. emily: thanks so much for your reporting. we will continue the conversation. continue the debate about the power of these platforms. investors clearly want a piece of the billions of dollars in old clothes locked away in consumers' closet. a highflying market debut. this is bloomberg. ♪

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emily: target actually tried to walk away from. saying it did not receive chinese regulatory approval in the timeframe. rallied on the news. the companies aim to complete

the deal by the end of the first quarter. they reflected difficulties of trying to do transactions that require approval in china. following a blockbuster debut of a firm, the online marketplace for a second, posh mark, more than doubled its price after raising $277 million. the company is valued at $8 billion. 20 me now is the founder and ceo. thank you so much. this is a big endorsement from investors. got to get your reaction to the price not just doubling but more than doubling, up 142% on opening day. how do you feel about that? >> the fact we are a public company makes me feel great. we are focused on the long-term and short-term value creation has not been our focus. we have been focused on our mission to serve the community

and continue to grow and serve. emily: it feels a little bit like deja vu to me. i just spoke with the ceo of a firm wednesday. we spoke with the ceo of airbnb. on all of these occasions, the stocks basically doubled. argue concerned about the money left on the table or the bankers getting the price wrong? >> we think of everything as building a partnership. from the very beginning when we started our market space, we crated a partnership with our seller and we kept that partnership. we feel like there is so much opportunity and value creation to serve and take this power of social marketplace we have created. we are excited about the future of shopping that is ahead of us. we think of this as a beginning of the journey and excited. i did not. -- i do not think this is a

negative day. such a positive day for everyone. emily: personally i am a posher myself or i have been. let's talk about the future of e-commerce, especially as we come into some sort of new normal and the vaccines rollout. the pandemic has been great for e-commerce. do you see that keeping up yucca >> i think the treat -- -- keeping up? >> i think the three trends we see, the pandemic accelerated it as we went into this dark phase. number one is shipped to online. online -- is shift online. covid accelerated that. second is shift to social. when we think of shopping, we do not think of social. shopping was always social we have shopped in malls. online came and we are trying to bend the two things together. third is the shift to secondhand

and sustainable shopping. we are sitting right at the intersection of these three things. that is why we are excited about the future of shopping now and for the next decade. emily: who do you think of as your competitor? certainly there is not another company that does exactly what you do. ebay has been around for a long time and facebook marketplace has been gaining a lot of traction. >> our focus has been to bring the joy of social shopping online and empower everyone to become a buyer and seller. quite distinct and what you see on craigslist and that style of marketplaces. if there is one marketplace you can get inspiration from, it would be etsy. our sellers are much broader and more diverse because what they are selling is everything ranging from what they have in the closet to building out whole boutiques and shops on the platform. we think of ourselves as socially engaging with every

seller and treating a plan. that shows long-term engagement. 30 million active users will spend more than 27 minutes on the platform. emily: i talked about this with the ceo of the realreal. she talked about the waste in the apparel industry and obviously secondhand marketplaces. can you give us an idea of posh mark's role of cutting down the waste and making the apparel and fashion industry more sustainable yucca >> that has been -- more sustainable? >> that has been one of our core missions, to get the maximum usage, continue to go forward. we have built an entire platform, making it super easy to settle. super easy to take an item you bought and resell. ultimately find and discover and

reconnect. it is not just about the fact you are reusing this item. you're getting a delightful, joyful experience. when we think of social shopping, we think the power of resale gives it that amazing vibrancy that powers the entire platform. if you look at the future of shopping, it is not just about resale or retail, it is about bringing them together and bring the joy of what used to happen when used to walk into a neighborhood story. that is the ambition, to bring the joy of social shopping to resale and retail. emily: thanks so much for taking the time on your big day. coming up, uber is appealing a hefty fine from a california regulator. i will be speaking with the company's chief legal officer next. this is bloomberg. ♪

emily: this is bloomberg. i'm emily chang in san francisco. recapping our top story, president-elect biden is seeking a $1.9 trillion relief plan in his first economic plan. this includes a $15 an hour minimum wage and $2000 in direct payments to americans who qualify. it also proposes $350 billion in state aid, $160 billion for vaccines and testing. biden indicating the stimulus plan reflects input from members of congress as well as governments and mayors.

his team has consulted many outside sources in the last several weeks. meantime, uber has appealed a hefty fine by a california regulator. the california public utilities is fining the company $55 million. journey may now for more, uber's top legal officer, tony west. thank you so much for joining us. the state is making the case that having this information will help them bring more perpetrators to justice, and prevent more things like this from happening. what is your response to that? tony: i think the guiding principle we have in this appeal is we want to protect the privacy of sexual assault survivors and we want to protect the right to consent when sensitive data about them is

shared. newspeak with analysts they tell , you best practice is to not make the decision for sexual assault survivors. even when it comes to law enforcement. the best practice is to allow survivors to make that choice themselves. i would note that we are not exactly sure why they are seeking this information. they have never asked for this kind of information before. personally identifying information about sexual assault survivors. i think it is the extraordinary nature of this request is why it's not just uber having a back-and-forth. it is why so many other anti-sexual violence groups have all weighed in opposing this because of the damage it can cause to survivors. it is why we are appealing it. emily: the state is arguing if uber doesn't do this, it poses a

risk to its drivers and riders. it is hard to understand because doesn't both uber and the state not want these kinds of incidents to happen? aren't the goals the same? tony: the goals are absolutely the same. i want to make sure we are talking about the same thing. this is not the state, meaning the state of california. this is a recommendation of one administrative law judge associated with the california public utilities commission which is the regulator for all , rideshare in california. this is not like the district attorney, the attorney general's office. offices charged with investigating sexual assault and sexual violence. this is a public utilities regulator that is seeking data. and to be clear, we give reams of anonymized data to them every year as part of our regulatory obligation.

we don't have any argument. even in this case the , administrative law judge said, listen, uber, we want you to give us categories, a, b, c and d. we will give you a, b, c, but a is something you have never asked for before. so work with us so we can give you the information in a manner and a way that protects your -- protects their privacy rights. we've tried for the better part of a year to sit down with the cpuc. we have been asking them if they would sit down with groups like rain, times up, other advocacy and expert groups and how to deal with survivors and are informed in trauma investigations. we asked that they sit down with these groups just as we did so we can come to an agreement as to how we produce this information in a way that protects survivors.

that is really the end game here. emily: i know part of the concern is that victims will not report some of these incidents if they believe their information is not protected. what do you think the timeline is here? when do you expect this to reach some sort of resolution? tony: well, we'd like to reach it sooner rather than later, because as you rightly point out, we have the same goal. we want to make rideshare as safe as possible. again, this is not an argument about whether or not we will give the information. we respect their role as a regulator and their right to request information. we simply want to do it in a way that protects the privacy of survivors. and so that is a conversation that we would very much welcome. we would like to have it as soon as possible. hopefully by filing this appeal, that will give us an avenue to

begin to have a dialogue with anti-sexual violence advocates and with uber to try to get a resolution on this. there is one other thing i want to mention. the fine is astronomical, it's huge, and no one likes to pay a fine. no one likes to be fined. the issue in this case that concerns us is the message that it sends. this all comes out of the voluntary point that uber published in december of last year. that was lauded at the time as a forward for corporate transparency. it was voluntary. there was no lawsuit or no law requiring us to do that. we did it because it was the right thing to do. if you are a company grappling with that same decision and you are trying to decide whether or not to be transparent, and you see the reward for being

transparent is a $59 million fine it sends a very chilling , message. emily: before you go tony, i have to ask you, given that we are at such an unprecedented moment in american history, you worked at the department justice nobody knows what the , next few days before inauguration will bring. presumably we will have an administration changeover and a peaceful transition of power. how does an incoming biden administration impact uber's top priorities for the year? tony: we're looking forward to working with the new administration on a whole host of issues, as we try to help cities and help the country recover economically. we think we can be part of the solution when it comes to the economic recovery. we think we can be part of the solution when it comes to health recovery. we just announced the other day a new partnership with moderna because we believe strongly that transportation should not bar anyone from getting access to the vaccine.

so we want to help educate people about vaccine safety, but we also want to make sure that there are no underserved communities that are not getting that access which is why we , announced 10 million free and discounted rides to help ensure the country gets vaccinated. we think there are those kinds of opportunities. emily: all right. uber's chief legal operator, tony west. thanks so much for joining us today. always good to have you on the show. coming up, chip leaders debut their latest products at the ces show. we are going to hear from the ceo of arm simon segars. , that's next. this is bloomberg. ♪

emily: ces 2021 may have been an all-digital affair this year, but its status as the world's biggest consumer electronics show remains unchallenged. for more on the biggest trends, we are joined now by a.r.m. ceo simon segars. nvidia is trying to acquire for $4 billion. anything in particular that was announced virtually in terms of new technologies that got you really excited? simon: what was really impressive about ces this year was how much innovation has been on display. when you think the whole industry has been working remotely for over 10 months now, it has been incredible just to see how many new products were announced, and the fruits of the labor of a lot of hard work that has gone on over that time period. and we have seen that in our business. we have seen a lot of design activity going on, high levels of activity from all different areas.

we have seen that come through at ces. so it's been a demonstration of the perseverance of the technology industry. for me, it's been really impressive. emily: a.r.m. technology dominates in smartphones, less so in computers. now you have apple making their own chips for mac. does that mean the beginning of an avalanche? simon: there has been a lot of innovation in the laptop space. this can only be a good thing. it's an area where products have remained similar for a large time now. anything that creates a change is going to lead to new products in the market. better choice for consumers at the end of the day, more innovation, lower pricing, better performance, lower power consumption, and that is all good. so i look forward to a lot of innovation in that end of the market. emily: it is a similar story with chips in servers. amazon doing the same. bloomberg reporting that

microsoft is as well. can we expect that all the big cloud companies will be using a.r.m. chips? simon: well, with the work that amazon has done with their processors, it really does demonstrate what can be done. we have seen lots of big-name companies coming out with data showing how they are achieving better performance and lower cost, which is something you want if you are running many, many cycles in the cloud. and we have seen that internally in a.r.m. as well. we are using the processors to run some of our own workloads. we are utilizing the cloud to get that done. and we are seeing better performance, and we are seeing lower cost. so i think the work that has been done really does show what is possible, and we look forward to seeing that broaden out through other cloud vendors. emily: now, the markets had some time now to get used to the idea of nvidia buying a.r.m. should we expect any opposition

to the deal, whether from regulators or elsewhere? and can you give us an update on the timeline? simon: we are very confident a deal will close and we are moving forward on that basis. we are planning for it. we are a few months into the process, and everything is going just how we expected it would do. in terms of the reception by the market, obviously people when they see a change, they understand that. i spent my time talking to our partners about the future, and we believe that our future is going to involve more technology licensed through our existing business model in a way that we have always done, and making technology available to the entire semi conductor industry through our open model. and that is what we are going to continue doing. we have been consistent about that. nvidia has been consistent about that, and we look forward to a future where we are putting more technology into the channel, and that is ultimately driving more choice for consumers. emily: all right.

we will be watching. a.r.m. ceo simon segars. thank you for taking the time to join us. good to have you. netflix has made substantial progress in adding women and minorities to its workforce. vaulting past silicon valley peers. in its first ever report on inclusion, netflix says women now make up almost half of its workforce and almost half of its leadership. netflix also has a larger percentage of black and hispanic employees than companies like facebook and google. though of course there is still work be done. i spoke down with netflix's vice president of inclusion strategies, verna myers. verna: for an entertainment company that is part of a much larger institution or industry you've got to actually be very , strategic. i think that is the one thing we are trying to do. we are not trying to be like,

oh, let's have a bunch of efficiency parties, let's do recruitment let's have a , celebration of our differences. all this is not enough to really shift the reality of those companies, which is a dominance of white men, especially in lead roles. so one of the things we're doing is putting resources behind it. a lot of times companies have one person in my job, or maybe three other people trying to help things move. we now have 17 people on our team to cover the entire company. it's probably still not enough, but what we are trying to do is to teach each and every person, no matter what their role is, to , is, how to see this work through what we call an inclusion lens. all the work you do, of the team you are creating, when you are hiring, when you are promoting, when you are deciding to greenlight a show what are you , thinking about with regard to who's there, who is not there, whose voices are missing, how

you create innovation. that is what we are trying to do in a comprehensive, strategic way, in every department of the company. emily: now, ted sarandos, your ceo, says the best way to have diversity in television is have diversity in the writers room. how does the makeup of the team of netflix -- take me from point a to point b. how does it influence what we see on screen? verna: it is such a good question. the bet we have is if we've got the representation of difference inside our company, if those individuals are well-equipped and skills and understand inclusion, they will make decisions and choices that will show up in front of you. our work as a team is not to make the selections, it's not to decide what the right thing is to green light, but to work with

all of our creators. so we have a particular person on our team, we have three people on our team that are assigned to content, marketing, production, animation. and their job is to create confidence to teach, and to coach individuals and leaders so every decision they are making, they are doing it through an inclusion lens. emily: i have heard from so many different folks in hollywood who say we are trying to find women writers or people of color but , it's really hard. you hear the same people suggested for various project. but they are all busy. i am curious, what do you say to the folks who say it is so hard to find them or they are all busy? verna: i think that that is a copout. and i think that people believe it. i also think what they are speaking to is that there is true exclusion still in the industry and as a result, the

people who are often used as go-to people are people you do not have to look very far for. the work that we are trying to do internally is to help people remember if you want to see a , group of people who are underrepresented, you have to look in different places than the places you have looked to find a dominant group, or those people who have made it into the industry. emily: netflix has a huge hit in "bridgerton," this most watched original series ever, including by yours truly. produced by shonda rhimes. it examines race, gender, sexuality. what is it about the makeup of that team that you believe makes -- you believe made it it a success? verna: we have brought in a number of creators, from shonda

rhimes, mindy kaling, ava -- ryan o'connell, ava duvernay . our bet is we are going to bring in creative's from lots of different experiences and we are going to get the benefit of that creativity. the conversation is exciting because people have never seen this being discussed. i have never seen this version of it. so we believe all that investment in bringing in these creators will make a difference in what people see, and how exciting that is. emily: my conversation with rene myers, netflix vice president of inclusion strategy. coming up, samsung unpacked. the south korean phone maker unveiling its latest flagship device, the galaxy s21. we will bring you the biggest product announcements from the event. this is bloomberg. ♪

emily: samsung debuted several new products at thursday's unpacked event, from galaxy smartphones to wireless earbuds, setting out its stalls to compete with apple's existing and future devices. for more, i want to bring in mark gurman. mark, what stood out to you? mark: the biggest change was the pricing strategy. samsung has been known the last few years to start its higher end phones at $1000. what you saw apple do with the iphone 12 last year was come out with a high-end phone at $800. now samsung is doing the same. the new one comes in at $729 and $999 and the ultra at $1200. you're seeing $200 price jobs -- price drops across the board. that is the most interesting

change. emily: the question is, can they compete with the iphone, the new iphones, and what apple has to come this year? mark: absolutely. i think these new phones will be a real hit in the android side of the world, especially with that $200 price drop. i think the new earbuds are certainly interesting. they added a lot of unique functionality, or i would say it was unique to apple, and now these are features samsung is using as well. their little tracker device where basically you can put a tracker on your wallet, your bag, your backpack, what have you and located using an app on your phone, that is a precursor of something apple will launch in the first half of this year as well. so i think ultimately, a great list of new features, but price is the biggest differentiator is -- differentiator this time around. emily: they have also removed

the charger, like apple and others are doing. do you think that will have an impact on the demand? mark: i do not think it will have an impact on demand at all. traditionally, people who upgrade to the latest galaxy s phones are more techhie consumers, so they are likely people who already have a charging system in their pockets or their houses. emily: all right. so, when we get to september and fall, when we historically expect to see apple unveiling new devices, what are you already hearing about what is to come? mark: in terms of the next iphones, i do not think it will be a significant update. i think the iphone 12, especially in this covid period, apple will be able to push out a lot. so i do not think you will see them do that two years in a row so i will look for the more minor side of things. this is not a major update. the back of the phone is pretty

cool, they also have slick colors, a faster chip, but they are not reaching any new groundbreaking territory here. this is very much of a price driven update. emily: quickly, what about the earbuds? mark: the earbuds a lot of , features you have already seen on the air pods pro. it has noise canceling. it will be able to tune out the noise cancellation automatically. that is not something apple has. that is something i think is very cool. they are priced about $200, $50 less than the airbuds pro. probably something that is going to appeal to people who buy the s 21 phones. emily: thank you so much. mark gurman, we can always rely on you to give us all the special details. thank you so much for joining us. and that does it for this edition of "bloomberg technology." i am emily chang in san francisco. "bloomberg daybreak: asia" is coming up next. this is bloomberg. ♪

>> the following is a paid program. the opinions and views expressed do not reflect those of bloomberg lp, its affiliates, or its employees. >> the following program is a paid program for new wave. featuring an award-winning journalist and best-selling author. >> we are all living in strange and unsettling times. never in history has anyone been challenged by the same thing. covid-19 has change the way we work, the way we interact.