long-term policies based on having all that data behind us. otherwise i think we are trying to be too overly dogmatic when i think we need to be more experimental in our approach to return to work. i fundamentally believe the world has changed. >> from the heart of where innovation, money, and power collide, in silicon valley and beyond, this is "bloomberg technology" with emily chang. emily: tim and elon musk say the

chip shortage may slow their companies down over the next few months, but it does not seem to be slowing down amd. i will talk to the amd ceo about how the chipmaker is bucking the trend, taking on intel, and her outlook for winship supply catches up to demand. -- when chip supply catches up to demand. linkedin predicts the great reshuffle with massive changes in the post-pandemic workforce underway. its ceo joins us one year into the job. first let's take a look at the markets as investors continue to digest these new cdc guidelines. google postponing its return to work, mandating vaccines for employees along with facebook. bloomberg's kriti gupta taking a look. kriti: with that background of the virus and what it means for corporations, it puts the spotlight on the fed. today's trading session was positioning for that risk off move. that is what you saw with tech

stocks. the s&p 500 closing flat on the day. it is that tech outperformance in the nasdaq. some of that came from those mega tech companies. you did see some of that money going into mega tech come a but there is also a china story. in the last couple sessions, a 20% drop for chinese stocks on regulatory scrutiny concerns until last night, when overnight in asia he started to see chinese officials reach out to banks and say that push to move education stocks into nonprofit is really only an education story. it is not meant to hinder the broader tech bid. it is important to keep in mind what is going on with subsectors. it is one big tech trade. with semi conductors in orange, bio index trading in white. let's get to the micro picture.

>> facebook falling in after hours. it beat on advertising revenue and profit. it had a warning for investors that there will be headwinds throughout 2021 from regulatory and platform changes. it is the ios change they are talking about. qualcomm, pretty good quarter. relatively good numbers. robust demand for handsets, 5g driven. similar things in regulatory trade on wednesday. look at some of the names already reported. google, robust rebound in its advertising business. consumers using search for travel, for retail. apple falling off the warning that growth would slow down after a robust quarter where 5g drove handset sales. best performing stock on the s&p 500, amd. such good earnings in the quarter and such a bullish forecast for for your sales that one analyst -- four year sales

that one analyst said these were amazing. emily: i want to stick with amd. the chipmaker giving a bullish third-quarter sales forecast in the lucrative market for server chips. second-quarter revenue almost doubling. analyst using words like flawless, superior, amazing to describe the quarter. amd's ceo joins us. it does not get much better than that. coming into this quarter, there was concern whether the chip shortage would hold you back, yet you are posting 99% revenue growth. how are you navigating what seems to be a tough situation better than almost anyone else? >> it's great to be here with you. i love spending time with you guys. it was a very strong second quarter for us. we were excited with momentum we saw.

we are in an environment where the demand is high for the products we are building. customers are preferring our products. we worked hard on the supply chain. there is a lot of work to do for semi conductors in the supply chain. we were happy we were able to exceed our second-quarter guidance as well as guide up for the rest of the year. we expect to be up 60% year on year. it is a strong business environment. emily: amd is getting stronger at a time when some say demand will start to peter out. what is your take on how much fundamental demand there is and how long the surge really lasts? lisa: that is a great question. there are two components. one is we need more computing, whether you are talking about the pc market or the data center or cloud market, we need more computing. that is an overarching

principle. amd, we currently have very competitive products. we are showing leadership in a number of market segments. that means customers are demanding our products. that is great for overall business. i would say the market continues to be strong and we continue to believe the demand environment is strong. on top of that, we have strong customer preference for our products. we are excited about the environment and continue to work closely with customers to keep tabs on how the demand environment shapes up. emily: you sounded more conservative than others on outlook for pc's, which is one of your key markets. i talked to the intel ceo last week, and he is bullish. what do you see when it comes to pc's? lisa: i think the pc market had a tremendous last four or five quarters. 2020 was strong for the pc market. 2021 is strong for the pc

market. i think that is good. that is the work from home, school from home. now we have returned to office, people looking for more pc's. into the second half of the year, we see there are some constraints in the overall supply chain, so not necessarily of amd processors, but let's call it some of the other components you need in the pc market. we want to take that into account as we forecast for the second half of the year. we see growth as we go into the third quarter and fourth quarter. we are now growing overall 60% year on year. that is even with a bit of a conservative look at pc's from the first to the second half. that means the other pieces of our business are growing. our data center business, our gaming business is growing. emily: i was going to go to data centers next. investors are concerned about

this lucrative server chip market. how much more share you can grab there. how much more room is there tog -- to grow? lisa: the data center market is our strategic big bet. it has been a multi generational journey. we are excited. earlier this year, we launched our third generation epic product. it is a fantastic product. we saw great adoption in the second quarter with a lot of cloud folks adopting it quickly. as we go into the second half of the year, we see enterprise picking up. it is a multi generational journey. we made great progress this year with our overall data center business. we expect it to be a growth driver for us into 2022 and beyond. emily: yet we are seeing the in-house efforts of aws to develop their own chips.

does that cap what is possible for you? lisa: i don't think so. what you are seeing is the entire data center market is realizing how important compute is. that is compute in the big cents. you have -- in the big sense. you have a lot of different workloads. we specialize in processors. we have thousands of engineers looking every day at how we can continue to push the envelope on computing. our roadmap is very exciting. we just launched our third generation epic generation. we like italian cities as our product codenames. next year we are launching our genoa next generation family in five nanometer. i look at it as an opportunity to partner with the largest data center customers in the world and ensure we are building a big

ecosystem to satisfy all of this compute needed throughout the industry. emily: meantime, your competition is in part intel. there is a newish ceo claiming he is fighting for every order. many of your predecessors enjoyed fleeting periods of success, but then struggled to keep up with intel's scale. how do you avoid that fate? lisa: it's a very competitive market. we always think of it as a competitive market. that being the case, we believe in playing the long game. our game is about pushing the envelope on technology, executing generation after generation, making sure our customers trust and love our products and adopt our products across their portfolio. we are still underrepresented in the market, so we think there is

plenty of growth room as we exit 2021 into 2022 and beyond. at amd, we are pretty competitive as well. i think we want to make sure we are satisfying what the customers need in the go forward plans. emily: meantime, apple and tesla are warning the chip shortage is potentially going to slow them down over the next few months. when you and i had talked, you explained this is a diverse market. which kinds of chips do you see rebounding faster than others? how does that impact various industries, whether mobile phones or cars? lisa: it is a good question. the context is that the demand environment is very strong, above what any of us would have forecasted if you asked us 12 or six months ago. the industry has been working on meeting that strong demand.

i think in different sub segments you may see different constraints. right now there seem to be constraints on components,, not necessarily the main processors but other integrated circuits that you need. there is progress being made and it will continue to get better. the second half of this year is quite tight, but we are working closely with our supply chain partners to unlock more supply capability. it will get better into 2022 for sure. emily: the pandemic seems to still be giving us uncertainty ahead. apple and google are pushing back their return to work. google and facebook are mandating vaccines from employees. we saw a spike of cases in texas, where you are. how are you thinking about the return to work? what does this mean for business in general given the tumult you

weathered over the last year? lisa: first and foremost, and i know this is true for my peers as well, our employee safety is the number one priority. we have shown the ability to work in a remote environment and execute phenomenal results. we know how to do that. that being the case, i'm looking forward to do more in person. we need to do that carefully and within the cdc guidelines. we are encouraging our employees to get vaccinated as well. i look at this as a process. we now gated it -- we navigated it for 15 months. right now it is about employee safety and employee flexibility,a ll while executing an aggressive roadmap. emily: lisa su, ceo of amd. good to have you here today on the show. meantime, qualcomm out with earnings, also delivering a

bullish forecast. the chipmaker boosted by the growth of 5g, increasing consumer demand for new devices. the ceo saying the company is trying to expand its reach beyond the phone chip market and win orders in pc's, cars, and home electronics. he said he's also optimistic about the chip crunch. >> we expect material improvement in supply by the end of the year. as i said before, we are still seeing more demand than supply across the business, but things are continuing to improve on the supply side. that is reflected in our guide. emily: coming up, facebook shares plummeting as the social network warns revenue growth will slow significantly. we will tell you why, next. this is bloomberg. ♪

emily: facebook facing major headwinds under the weight of apple's new ad targeting software. the network morning revenue growth will slow significantly after reporting 29.1 billion dollars in revenue for the second quarter, with user growth coming in line. investors seemingly wanting more. we've got to talk about the revenue growth warnings, that it could decelerate significantly in part due to this new apple ad tracking software. users are not opting in, which is not a surprise. scott: a couple things. it's interesting, because the

social media companies that reported results last week notably indicated that idfa did not have a negative impact on results. they did not indicate that they thought it would. to some extent, this may influence facebook, but i also think facebook has some difficult comparisons in the back half of the year. perhaps this is just them being reasonable and conservative in the guidance they are providing. emily: what is your focus on user growth? facebook is a family of products, instagram, whatsapp. are you concerned that as people return to work that we are spending less time on social networks? scott: for sure. that will be an influence on what goes on with facebook and the other social media companies. we saw 7% growth in dau and mau. a significant deceleration from the 12% we saw from each of

those a year ago. that is not surprising because we saw so much uptake and engagement last year when everyone was at home. that said, this is now a story about the rate at which pricing can increase. that was probably the biggest single contributor to revenue growth in the second quarter. i'm not sure they will have favorable comparisons as well as a pricing tailwind to maintain the momentum. that is why we are seeing the guidance where it is. emily: we are listening into the earnings call, mark zuckerberg talking about ai, new tools they are giving to creators. let's take a quick listen. mark: people like to watch videos recommended by our personalized algorithm. this gives creators a way to follow new people. this is a great complement to our social feed.

this is an area where our progress in ai will make the experience better in the coming months and years. emily: meantime, he's been talking up the meta-verse, this idea that there is a future internet we will be in rather than on. i wonder if this is something that zuckerberg is chasing because he knows traditional activity on social platforms isn't necessarily going to last, as technology is changing quickly around us. how do you think about that when you think of the future of facebook, and how big a threat is it? scott: it's fair to say the company is looking for other growth drivers. a big pivot to e-commerce understandably last year. they have been talking about ai for a long time. i feel like oculus was acquired seven years ago. it is not unthinkable to suggest other social media companies are doing ar and vr better than facebook.

understandably, it is a priority. a lot of people want to see that in the product, driving operational and financial benefits to come. emily: we will continue to follow along with the call. scott, thanks for stopping by. we still have plenty more tech results this week. amazon, t-mobile, interest with their results thursday. -- pinterest with their results thursday. next, she is the powerhouse behind shows like grey's anatomy. we hear from shonda rimes. stay tuned. this is bloomberg. ♪

emily: more than 100 protesters gathered outside activision-

blizzards offices in southern california to protest its handling of a sexual harassment lawsuit. they were joined by fans who called for a boycott of the company's games in solidarity with employees. the lawsuit filed last week details a workplace culture in which women faced unequal pay and retaliation. in response to news of the walkout, the ceo sent a letter to staff, calling the company's recent actions "tone deaf" and promised swift action to stamp out harassment. for nearly two decades, shonda rhimes has been one of the most important entertainers in hollywood. she made her mark on grey's anatomy, a show still going strong after 16 years. the hits keep coming for her after she signed a multiyear deal with netflix. david rubenstein caught up with shonda rhimes to talk about her success, but also the challenges she has faced in her career. shonda: i find that to be a

difficult question to answer. i say that because i don't know what it feels like to be a white man. i don't know how people were treating white men at the time. i only know how i have always been treated. i was raisedd. clearly by my parents to be a person who did not look at things as obstacles. when anybody treated me in a way that was not 100% respectful, i was taught that was their problem and they needed to be put in their place and i should move forward. i am sure i experienced a lot of things that were not what other people experienced, i just chose not to be defeated by them. some i did not even bother to notice. david: today, given how prominent you are in the entertainment world, do you feel discrimination at any point now? shonda: no, i mean there is an insularity which comes with

being in a certain position in hollywood, but that does not change that if someone does not know who you are, they still see you as just another person of color. the racism in this country is the racism in this country. emily: you can watch more of that interview with shonda rhimes herself on the david rubenstein show at the following times. up next, i will be speaking with the ceo of linkedin as it tops $10 billion in annual revenue for the first time. his insights on the future of work and the challenges leading the company through the pandemic. this is bloomberg. ♪

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emily: welcome back to bloomberg technology. i am emily chang in san francisco. one of the highlights of microsoft's latest earnings release was linkedin, which microsoft acquired in 2016. its annual revenue surpassed a $10 billion for the first time. up 27% from the last year. amidst a tumultuous year for the workforce. joining us is the linkedin ceo. congratulations and good to have you.

you took over as ceo in the middle of the pandemic, when you not only were dealing with transition internally, but the whole platform was going through a transition. what was that like to navigate? ryan: if i went back a year ago, by no means did i think i would be starting this role from my bedroom with my kids doing school work around the house, trying to navigate the company through a global pandemic. it was challenging. it was a challenging year for everyone across the world. you don't get to choose to be a ceo only when the sun shines. you can't be a leader only when things are good. more than anything, i am really proud of how our company came together. we are in a place where over 6000 people are getting a job on linkedin every day. we just announced yesterday, for the time in history, 10 million first dollars in revenue for the company. i am very proud of that. emily: you're talking about the

great reshuffle, the post-pandemic change in the workforce. i am wondering what the changes are that you see. you say hiring is back above pre-pandemic levels. ryan: if you take a step back. by virtue of us being linkedin and seeing professional conversations across the globe, every ceo and leadership team is having to rethink whether company means, how and where they work. are they hybrid? are they remote? they are we thinking their entire values as a company. on the other hand, every employee in the world who has worked remotely from past 18 months is trying to figure out for themselves not only how they work, but where they work and why they work. we are seeing this change in people understanding what they value in work. that is what we are calling this great reshuffle. people are trying to figure out where they want to work and how they want to work moving forward. in the next 18 months, i think you will see a lot of uncertainty and a lot of confusion going on.

my guess is that over time it shuffles out in the right spot, where employees come together where they want to work. emily: apple and google just pushed back their return to work. google and facebook now mandating vaccines for employees. there is a lot of controversy about how companies are managing the shift. if some companies don't get it right, could it lead to a great exit of talent? ryan: i think all of these decisions that the companies are making, they are not easy decisions. none of us have gone through them before. but they are related to how we want our companies to work and our culture and values. right now, employees are able to vote and with their idea of where they want to work, it is easy to move around roles right now and they will align with companies that share their values. emily: how are you thinking about return to work? i know microsoft's policy is linkedin is an independent

company, but vaccines for example, will you require that employees have them? ryan: i just saw google news before i came in. there is so much uncertainty. we watch what other companies are doing. we all learn along the way. having a growth mindset is the key to all of this. embracing flexibility is the core tenet of what we have been talking about. we trust each other to get our jobs done where it works best for us. that is key to what we did with linkedin. emily: are you thinking about the vaccine issue? ryan: we are always open to better understanding what works best for us. i don't know what that means long-term for linkedin. watching google's news today, my thought is that the more we give employees a choice about where they work, things like requiring vaccines to come into the office, as long as employees have a choice to work from home, that will be an ok thing longer term. when you require to have a

vaccine and come into the office, that could be trickier for employees. emily: $10 billion in revenue. i will never forget the morning i was woken up to interview jeff weiner on the news of the deal that no one seemed to see coming. how has being part of microsoft changed the company? ryan: i think it has been one of the most positive experiences of the company by far. when microsoft acquired the company, satya and jeff sat down and said this is a deal about growing linkedin. how can we keep linkedin as an independent company? five years later, revenue has nearly tripled since that acquisition. we are sick celebrating -- are accelerating off a larger base now. for me, it is such a pleasure and honor to be part of that leadership team and watch the best in the business, to learn

from, and move linkedin forward. emily: you had some layoffs next year. people were not hiring. are those structural changes behind linkedin? what does the growth story for the company look like? ryan: linkedin is an 18-year-old company. we made those changes. when you see this great reshuffle happening, when you see every ceo and employee trying to navigate the future of what work looks like for them, they are turning to linkedin to figure that out. that is a valuable place to be in terms of the skills, the roles, the opportunities they need to navigate this. across our business lines, this engagement is only lifting all boats across the company. emily: you are historically a product guy. i know you have been at the company for 12 years.

linkedin, some people complain the product is not as slick as it used to be. ryan: across our members that have joined linkedin, we have about three members joining per second. engagement is at an all-time high. people are finding opportunities more than ever. our job as a company is to keep ensuring we can connect that talent opportunity for the product. we are also seeing out of our membership, 125 million members are first-line workers. 25% of sign-ups are first-line workers. we are starting to expand even beyond our core. emily: linkedin had made some progress in china, which was one market where we thought maybe a u.s. tech company would succeed. what are you seeing right now given the crackdown and the challenges for chinese companies? ryan: taking a step back in

general, one of the things i learned in this role is the number of constituents you have to manage as a ceo, more and more governments coming in. we created opportunity in china. i sat down to lunch with the spanish prime minister pedro sanchez. i know you talked to him as well. spain turned to linkedin to help with skills data and opportunity data. john kerry was the special envoy to president biden on climate. fundamentally, climate change will be about a human capital problem to ensure people have the skills they need for companies to move forward. working with governments has become a bigger part of the job then it has before. emily: can you work with china? ryan: we have and we will continue to, yes. emily: what does the jobs picture look like? a lot of uncertainty ahead, but one year from now, what do you see? ryan: my guess is we will continue to see for 18 months

the idea of companies trying to understand what their culture and values are. at the same time, employees trying to understand what they value. we will see a lot of reshuffling. we will continue to see hiring at a large pace. ultimately, my guess is that this will all settle down into the right place 18 months from now. emily: congratulations on your one year anniversary. appreciate you coming in the studio in person. hopefully we get to do this more. meantime, spotify added fewer users this quarter. the audio giant blaming the pandemic for its second straight quarter of sluggish growth, shares down almost 25%. why aren't as many people signing up? lucas and shaw joins us to discuss. lucas: there are two factors that spotify blamed. one was the ongoing pandemic, especially in the countries it calls the rest of world.

that is not the u.s. or western europe, it is africa and asia, places that are newer for spotify. in india, where the pandemic has been brutal, spotify postponed a marketing campaign that it thought would have been helpful in signing customers up. it talked about something that happened with a third party distributor where people had problems signing up for spotify. the company did not specify the third-party. it is kind of strange because spotify's new subscriber growth was actually quite good. it just did not sign up as many of those free customers in newer markets. emily: what does this mean for the broader -- whether it is apple music or some of the other competitors in this space that had seen such epic pandemic growth? lucas: long-term, it still feels like spotify is on solid ground. it will hit 400 million users by

the end of this year. the amount of time people spend listening to music and podcasting on the service continues to go up but we are in this weird moment with a lot of subscription media services in general where the growth is a little lumpier than it has been. they have gotten used to consistent and strong growth. some of the growth they're posting right now is not the same. i am not sure how much we are supposed to extrapolate from that. is this a sign that a service that has some new customers like spotify is starting to slow down? or is it a sign that they just did add a lot of customers last year and it will be a bit slower? i am not sure and i don't think the executives at spotify know either. they will keep investing in podcasting and new markets for the most part. they have yet to hire a new head of their podcasting studios. a position that has been open for a couple months they are

looking to fill. they will use those to develop more original podcasts which they hope will boost the ad business. one of the few bright spots in the quarter is their ad business has grown over 100% year-over-year and they are going to hope that not only by creating new podcasts in the u.s. or licensing new podcasts , but they will also do that abroad to facilitate growth, whether it is in india, southeast asia. spotify has a pretty diverse user base right now, but they would like to boost the number of subscribers in places that are not the u.s. or western europe. emily: thanks so much for your insight. in our citylab segment, i will talk to the founder and ceo of carbon health. his insights on the delta variant, vaccine distribution and how to provide affordable health care in the united states when we need it most. that is next. this is bloomberg. ♪

>> it is not the direction we want to be going. it is very simple what needs to be done, which is every american needs to be vaccinated. this is now a disease of the unvaccinated. emily: commerce secretary gina raimondo speaking on bloomberg earlier. her sentiments shared by tech giant google. the search engine giant announcing that all returning workers must be vaccinated. facebook doing that as well. google has also delayed its return to the office. the ceo telling staff in an email, because of the rise in delta variant cases, employees will start returning mid-october instead of september. apple is expected to reinstate a

mask requirement at most of its u.s. retail stores for both customers and staff, even for those who are vaccinated. although they are not making it mandatory for retail staff to be vaccinated, it is strongly urging them to do so. the pandemic has been a test of a lifetime for doctors, nurses, and other medical professionals on the front lines. joining us now is the founder and ceo of carbon health, which has 80 medical clinics in 12 states across the united states and an interesting view into covid. thank you for joining us. great to have you back on the show. talk to us about what trends you are seeing when it comes to testing, vaccines as we confront this really dangerous and scary delta variant. >> thank you for having me. unfortunately we are seeing very high rates. the timeframe varies.

the overall positivity rate is high, but we are seeing that among the vaccinated adults, there are some breakthrough cases, but fairly small compared to the rest of the population. i think we are also seeing a lot less severe symptoms among them, so i would echo the same guidance, let's get as many people as possible vaccinated. carbon health has been on the front lines of the pandemic. we finished 1.5 million vaccines administration. emily: are you seeing anything specifically regarding the latest surge? do you see vaccines slowing down, positive test results clicking up? eren: the positive test results are growing very fast right now.

the thing is the delta variant is transmitted a lot faster. even if, you have some anti-bodies people are still showing a positive test. but if they are not vaccinated, we are seeing a lot of concerning symptoms among them. emily: you grew up in a small village in turkey. i know your upbringing was in part what inspired a lot of making health care more accessible. what is the vision and how close are you to getting to where you want to be? eren: our vision has always been making high-quality health care accessible to everyone. when i came to this country as an immigrant, i was pleasantly surprised with how good the health care experience was, but

only for the wealthy. if you look at the health care experience of the average american, it is arguably worse than other developing countries like turkey. i thought the technology companies were not doing enough to help average americans' health care problems. we started with the obsession to making care better for average americans. what we have achieved is we havve the -- have the sort of experience that the top 1% would consider a high quality consumer experience, but now it is accessible to people living paycheck-to-paycheck. the main goal of the company is becoming the first nationwide primary care provider. we recently closed in on a financing source. the other thing we are working on is doubling down on this

concept of the omnichannel of health care. we have clinics and telemedicine providers and consumer devices and more, but no one has really integrated the different models to truly reduce patient friction. that is the product vision we are investing in. emily: you raised another $ -- you raised another $350 to help that vision. thank you so much for joining us. coming up, the app that fueled the meme stock frenzy has its public debut. we will have all of the details on robinhood hitting the trade markets. that is next. this is bloomberg. ♪

emily: trading app robinhood set to make its own trading debut on thursday. sources telling bloomberg the company is seeing demand from investors to buy stock in the ipo within market range at this point, $38 to $42 per share. we have a lot to unpack with the story. what exactly do we know at this point? >> at this moment in time, robinhood has a meeting to decide what the price is going to be. the bankers and the board and lawyers are discussing what to price at. we heard it will probably in the proposed range of $38 to $42. there is a lot of range around a particular stock that will go above range. so far we are hearing it is

within the range. emily: this would give robinhood at the top of the range, what, a $35 billion market cap? katie: up to 35 billion. that is if it is the top of the range. they are deciding that right now. they are also trying to factor in a pop. that is what people want on the first day of trading, for there to be a pop, to show some excitement from wall street. we will see what happens with that. certainly right now, they are figuring out the formula. one thing that some people were disappointed about is that they did not do a new range. sometimes you will see this with ipo's, especially the big ipo's. they will do a range and if the roadshow goes well, they will file an updated range. robinhood did not do that and they are not pricing above range either. probably not the best time for how the roadshow went. emily: i'm wondering how investors are feeling about robinhood in general given that they set aside a huge chunk for their own users.

there could be a lot of retail interest. you wonder if robinhood could become the target of its own customer base. for better or for worse. katie: there is a lot of mixed sentiment among its own customer base. obviously robinhood has had a lot of traders who have helped fuel a lot of this excitement in tech stocks and meme stocks. a lot of them kind of turned on robinhood after the gamestop frenzy where robinhood controversially suspended trading for a little bit on gamestop. some of them, whenever i do a story, there are people that will tweet at me that i can't wait to short robinhood. obviously there are some people that are pretty angry about how this went, but then there are people who look at robinhood's financials, which shows strong avenue growth in spite of all this negativity and they say i am excited about robinhood, i believe in this company. definitely mixed sentiment. they do have demand within the range.

emily: a lot of the people who are complaining are still using robinhood because it is such a simple product. i know some people think it is too simple, but in reality, people are using it. katie: if anything, a lot of this negativity probably drove attention to robinhood and informed the world about them, an app that is easy to use and you can trade for free. there are some controversies in the way in which they make their money. the payment for order flow, some people feel like that is not necessarily a fair practice and that maybe there will be some regulatory concerns there. for now, they have been showing really strong user growth and revenue growth in spite of all of these controversies. emily: we are waiting for that pricing. we will be following your coverage tomorrow. thank you so much for joining us. we will be all over the robinhood ipo. that does it for this edition of bloomberg technology. we've got another bumper show tomorrow.

the t-mobile ceo will be here. we are talking about amazon's results. and the cisco executive vice president joining us right here. i'm emily chang in san francisco. this is bloomberg. ♪

the bait is how to get people back to the workers. you are flexible about the rest of the time. is that a permanent policy and for those companies that are saying you have to be back in the office 100% of the time, are they on the wrong side of the street? >> i think that in time, year from now we will have more of a sense of what the real structural change and needs and expectations of both our

employees enter customers are and we will really think about long-term policies based on having all of that data behind us because otherwise i think we're trying to come up and being too overly dogmatic when i think we need to be more eric's -- experimental in our approach. program. the opinions and views expressed do not reflect those of bloomberg lp, its affiliates, or its employees. >> the following is a paid presentation furnished by rare collectibles tv llc. announcer: our country was founded on life, liberty, and the pursuit of happiness. representing this idealism is our american eagle. the bald eagle was chosen in 1782 to represent the united states because of its long life, majestic looks, and great