>> from the heart of where innovation, money and power collide, in silicon valley and beyond, this is bloomberg technology with emily chang.

emily: i am emily chang in the san francisco. coming up, in the next hour. >> today the supreme court of the united states expressly took away a constitutional right for the american people. already recognized. they did not limit it, they took it away. emily: president biden reacting to an unprecedented moment in american history, the supreme court's decision to overturn roe v. wade. protests are wrapping outside of the high court as women respond to the news and companies are responding too. plus, the cofounder of the blockchain the developer is out with the new crypto cell phone. we will ask him why he's dialing in to the world of mobile.

nft, nyc comes to a close, we will look at the future of nft's as trading close down and companies are raking in more funding and more celebrities are jumping on the bandwagon, where is it going, we will discuss that in more later this hour. i want to get a look at the markets with katie. despite what is going on in washington, stocks rebounding for their best week in month. >> absolutely. it was a big text risk on rally, look at the s&p 500 finishing the day over 3% higher. a lot of that bind came into the close. tech performing better than the nasdaq 100, finishing 3.5% higher on the day. of course, as stocks rallied, you saw bitcoin rally as well. bitcoin breaking above 21,000. it had been glued to the $20,000 per going, finally getting above it coming as the yields rose textbook rally. for the volatility index, the vix, you can see it continues to

breathe a sigh of relief, edging down. it is still above its one a year average. but still volatility markets breathing a sigh of relief as we finally see with fx catch on businessweek. one of the stocks that stood out was twitter. was out for its first week in four rallies, about five-and-a-half -- 5.5% over the last week. a lot of the gains came today. yet insider report that twitter has agreed to give elon musk more real-time data, more user data. may be this feels -- the deal will go through. emily: we shall see. not going to predict anything. thank you. meantime, historic day in washington, the supreme court striking down the constitutional right to an abortion. for more on this decision, how we got here and what happens next, i'm joined by greg who support -- covers the supreme court for us. when a feeling this was coming based on the leaked draft opinion from a few month ago. talk to us about how we got here

and what has actually changed from this moment forward when it comes to women's access to abortion. >> how we got here was in large part through three nominees by president donald trump. tow -- two of whom who shifted the court to the right, compared to what it was with their predecessors. of course, those vacancies happen in an election year and republicans were able to fill those both. those three justices were in the majority today. they tipped the balance. they are the ones that have made this a much more conservative court to than we have seen previously. one of them, brett kavanaugh put limits on today's decision, with a concurring opinion. but really, this is a victory for those who supported the trump nominees and wanted them to transform the supreme court. emily: there is some fine print here as you mentioned with justice kavanaugh. talk to us about what you see in this fine print. >> chief justice did not join

the majority. he would have agreed the decision to uphold the mississippi 15 week and but he said the court did not to go -- need to go beyond that. justice kavanaugh voted to overturn roe, but he added a concurring opinion that laid out a few areas where he did not think the court needed to go or should not go. among them he said, if estate were to try to than somebody -- ban somebody from traveling to a state that allows abortion, justice kavanaugh said that would be unconstitutional. since he is the fifth vote here, that would mean the supreme court would not uphold that sort of travel ban. he also included some language suggesting he felt pretty strongly the court was not deciding other things like whether same-sex marriage ruling from a few years ago was still good law. emily: how have the states been reacting to the ruling? as we understand it, this could

lead to abortion becoming a legal in half of the u.s. states, how quickly will that happen? >> some of those, very quickly. some states have already announced where abortion is now legal. 13 states have these trigger laws that were designed to take effect as soon as the courts said rowe overturned which i did do today. there were other states that had pre-existing bands, there may be litigation as to whether those pre-existing bans can be enforced. but, those 26 or so states, in pretty short order, folks are expecting them to largely ban abortion. emily: greg stohr, much to continue to cover here in washington for us, thank you. we see numerous companies including some of the biggest names in tech react to the supreme court ruling, by saying they will provide travel benefits for employees to access abortion. i next guest -- all text --

joining me now is rebecca, she is an assistant professor of law at berkeley center for law and technology. first of all, rebecca, you say big tech companies can take a stand, not necessarily in the way we might think, what can big companies do in this debate? >> absolutely. they have to take a stand. there is no neutral position. they have in either or choice. they can either protect pregnant people who are seeking medical care, or they can help antiabortion prosecution. there are couple of different ways they can do this. one is, they were choice about what kinds of information they will aid in the summit meeting to people who are pregnant and seeking access to medical care. how do you access medication abortion? how do you access abortion clinics across state lines that remain open and functioning? tech companies could choose to provide that information,

provide free security services to websites without information so they are attracted from vigilante hackers, or they could choose their content moderation policies to shut the information down. there are tons of other things as well. emily: exactly. well, let's talk about it all. something very valuable that big tech companies have is the data. if law enforcement accesses this data, are they obligated to handed over i law -- to hand it over by law? >> it depends what law enforcement uses when they ask. if law enforcement comes and asks pretty please, no. of course are not required. if law enforcement comes with a valid warrant, will then, sure, a company has to comply. actually, companies are receiving requests for data from enforcement all the time. they have representatives that

engage in negotiations around those requests. they can choose to be more stringent, a less helpful, providing efficient data distribution to law enforcement. they can challenge the scope of even a lawful warrant. there something called a motion to quash. but facebook or meta has done this in the past, taking words to court, saying it is not sufficiently particular. i -- tech companies know which laws are claimed to be violated when they receive a warrant. one of the things they can do in that extreme, when police are coming with their antiabortion prosecutors with valid legal process, the company can also push back and assert rights to challenge that process in court. they could notify the people whose information is being socked, so long is that -- sought, so long it is -- as it

is not prohibited by the warrant. it would protect all of this data, we are generating all the time from being used in antiabortion prosecution. so, having and to end encryption for all your communications by default, giving warnings to users, to say, if you choose this communication channel, your data is going to be subject to law enforcement surveillance. storing data locally on users devices and that of in the cloud, urging data, giving users -- purging data, giving users the right to use data remotely, for using public analytics systems to predict people's early's pregnancies and abortion. all of these things they could be doing. they could say, we are not going to store location tracking data for people that are traveling here to abortion clinics. so, there is no neutral position, if they collect this data, they store it, they make

it eeev -- easy for law enforcement to access it. that is their choice. emily: we have heard from prominent women in technology. this from melinda gates, today a government, for people who have not had an equal voice reach deep into the private corners of a woman's life to tell the choice over what she does to our bodies no longer her own. this is america taking a step, big step, backwards. this from sheryl sandberg, the supreme court's ruling jeopardizes the health of millions of girls and women's across the country, threatens to undo the progress women have made in the work lease and strip -- workplace and strip women of economic power. she points out that this will impact women the most, with the fewest resources. it is one thing for her to say it, the ceo of meta, she is leaving in september. it's another for meta the company to take a stand.

what more specifically could a company like meta, which has all of this information about what users are talking about to each other in private messages, what more could a company like meta specifically do in this instance to take a stand? what are they actually likely to do, given these companies where data is their business model? >> they could take a stand to say data that was subject to people for criminal prosecution for people is going to be treated differently. they have enough data on all of us to serve their business models. they don't need private health choices in order to make money. they could court it off, data that is going to make people vulnerable to criminal prosecutions and say, we are going to protect that. we are going to treat it differently, we are going to purge it, we're going to fight when law enforcement comes to access it. they could provide those privacy protections and use their power

to reclaim some of the privacy from government intrusion that roe v. wade wants guaranteed and the courts eviscerated. emily: to see a wave of warrants, a wave of lawsuits and demands for this kind of information from law enforcement to tech companies, to startups? >> absolutely. the data that we're generating in our everyday lives is already being used in criminal prosecutions. data has been used in murder prosecutions, people's unencrypted text messages, web search histories, chat messages, have already been used to charge one woman who miscarried, and another with murder. so, the location data, the web search history, your emails, your communications, your associations, all of those are

data that law enforcement can and does use and will pursue. this conversation has focused a lot on period tracking apps which is a hugely important issue. how are those apps that serve reproductive choice needs going to protect people, protector users? in fact, it is all this other kinds of data that will also leave people vulnerable. heartbeat. sleep cycle data. any of this information can be used as evidence in court to convict people of crimes. emily: interesting. rebecca wexler, assistant professor of law at berkeley, thank you for joining us. we have headline from the washington post of the google workers can now apply to relocate in the aftermath of this decision to overturn roe v. wade. that coming from the chief of people officer at google to employees. we will continue to cover more

headlines as we get them. more, still to come. this is bloomberg. ♪

emily: shares of twitter rose in the week after twitter said it had more user data to elon musk, including real-time information which could allow the muska team to determine how many users are actually bought which he has been complaining about. musk sent twitter a letter complaining the data was not enough that they had sent previously. hackers have stolen hundred million dollars in an attack on a cryptocurrency bridge, and app that allows people to swap coins. the company says it is working

with national authorities and forensic authorities to get the money back. so-called crypto bridges have in seen as vulnerable to hacks. coming up, is one of the hottest blockchain's on the street, solana is getting into mobile phones. ceos joining me to talk about the move. that is next, this is bloomberg. ♪

emily: the saga begins. that is how solana labs is building its new venture, mobile phones.

it is unveiling crypto phone, call saga along with the open software to locate -- took it. joining me now, co-founder anatoly yakovenko, thank you very much for joining us. how does launching a mobile phone for into solana's broader ambitions of being a pivotal key nft blockchain? >> thank you for having me. so, phones are an everyday device that you use. everyone has one, you probably spend more time on your phone than anything else. the most important part of crypto in these networks is self custody. it's a complicated piece because it involves cryptography. not a lot of people understand it. not a lot of people use it around the world. the goal of the phone is to make that experience delightful and easy and simple and have the user experience of google pay or

something like that. emily: you actually had a career in mobile back at qualcomm. how long have you been thinking about a crypto mobile phone? >> as soon as we started working on solana we felt that, imagine everybody in the world using these networks? they're going to use them from their phones. and because it involves cryptography, given that it worked a lot on the firmware, it is obvious to build these directly into the device itself. having your hardware in your phone makes a lot of sense. emily: solana has gotten a lot of buzz over the last couple of years. more broadly, what is it about solana that makes it better than other blockchain's? >> it is cheaper and faster. that means developers building web free applications can build them for larger number of people, making more delightful, simple or and easier to use. that is translated into growth everywhere. and if these, there's 15 --

nft's there's 15 million in solana. that's not something any of us expected. but it is crazy to watch. emily: helium has also been trying to do something similar with wireless for years. they are just now in -- starting a 5g pilot. what does solana think you can do better here? >> i would love to take a helium 5g sim card and plug it into saga. that would be amazing. that means this is a crypto phone running on a decentralized 5g network. emily: solana has been focused on more fintech applications. y through wireless into the mix? >> the key part is making that experience of cryptography simpler for users. to complicate a thing. one of the biggest challenges for web developers, they cannot build true web free applications

for the big app stores. so, part of the solana mobile stack is a developer from the app store that does not have fees. that is a huge selling point. emily: solana has been having issues with congestion. want this additional usage make this worse? >> congestion issues we have on the network comes from bonds not human -- lots -- bots documents. a lot of the bugs have been fixed. emily: what else are you doing to fix the reliability issues? >> there's three technologies that are rolling out. there implemented in one. 10. they are not activated by the community yet. that is going to tech over the next -- that is going to tech -- take it over the next several months. if you heard of a theory of and how their -- a theory him and how there's -- ethereum, that is

something that can be contained into an application. when there something popular happening in one airdrop that does not impact solana for example. emily: the crypto market is going through this broader crypto winter, i'm curious what your take is on that and whether you think digital currencies will bleed into the blockchain market. >> what has been surprising is that users that are engaging in platforms have not slowed down. the amount of engagement they are having and how often they are participating in this and how many of them are doing it, it keeps growing and growing. for the first time, we are seeing web experiences totally decoupled from the prices of bitcoin. the big deal here, these are new business models. it does not make money off an ad exchange. emily: now, there is a more existential question, we are

seeing venture capitalist and cloud money and blockchain technology, solana, i wonder how you square that with this eat those of decentralization. -- ethos of decentralization. >> what drives it is users that use the network and love it and need to run the physical hardware because they are getting value out of it. because of that, we have seen the number in the network reach over half of what it has today, 3400 in solana an 6000 in ethereum. if you think about it in these terms solana is half as decentralized as ethereum. >> any concerns of competition for solana? >> an move from stark or into a cosmos change. it is an amazing builder. i think that is a perfectly

great spot for them, for the kind of application they are building. emily: we will keep watching. solana co-founder, anatoly yakovenko, thank you for joining us. coming up, more on that roe v. wade decision, from the supreme court. we will talk about it with the health tech startup hey jane, next. this is bloomberg. ♪

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>> the health and the life of women of this nation are now at risk. >> the voiceless, will finally

have a voice. >> the determination of a mincey as their opening act. >> i don't know what the limits of this court are going to be. >> all civil rights are under threat. >> it will save the life of millions of children and it will give families hope. >> it will have huge implication, economic implication for families. >> takes away their ability to engage fully in the economy. >> this decision is not about abortion. it's about power and p charcoal control over women. >> the state legislatures from all across the country. >> you will see a bit more voter intensity in swing states. >> a woman's right to choose reproductive freedom is on the ballot in november. emily: welcome back to bloomberg technology. i want to get back to today's big story, the supreme court overturning roe v. wade, wiping out american women's constitutional right to abortion. a ruling that is likely going to make the procedure illegal in

half the country. i want to talk about the role of telehealth and how it helps tech companies bridge that gap for women who want that choice. my next guest is the cofounder and ceo of hey jane, an at-home abortion pill company. kiki freedman, thank you so much for joining us. a someone who runs an at-home abortion pill company what is your reaction to this ruling? >> we think the supreme court was absolutely on the wrong side of history, by overturning roe v. wade to judges are making an incredible attack on individuals liberty and putting the health of millions of individuals at risk. the decision is coming at a time when the vast majority of americans support access to safe and legal abortion care. and i think it's important to note abortion is still legal in many states in this country despite what we have seen, there's a lot of confusion around the issue.

unlike in the pre-roe v. wade era we have access, abortion pills on the technology to connect with patients to give them the support they need. emily: how does this decision impact your business model? are there changes you are having to make right now as a result of this? >> we will continue operating in all six states. abortion does remain legal in those states. we have strategically positioned ourselves in those states that are locations that are likely to observe most demand after roe v. wade. forecasts are suggesting example, 3000% increase in out-of-state travelers seeking abortion care in california. that numbers nearly 9000% in illinois. we have grown our team to anticipate that increasingly demand. we also plan on launching to a new state soon. l emily: how do you protect your customers and your employees from being potentially liable depending on where they're coming from? >> hey jane is compliant with

all telemedicine laws. our patients must in the state where it is legal to receive care. we follow all of the other very nuanced laws within the states. emily: what you see as the future for telemedicine, around abortion-related issues? i imagine there's going to be a big shift, perhaps the whole economy developing around us as a result. >> yeah. we did see this year for the first time, medication abortion was over half of all abortion treatments in this country. for some context, the medication has been around 2000 well studied to be incredibly safe and effective. the ever lower adverse reaction rate than tylenol. we think medication in telemedicine will become an increasingly important means of access as clinics become increasingly burdened by the restrictions post roe.

it has a number of important benefits that can reduce the cost, travel time, the time weighted for treatment. so, it is likely to be an increasingly important part going forward. emily: this decision is likely to impact poor women, disproportionately. the hey jane is cheaper than a medical abortion. how do you plan to make that available for help poor women who want access to it? >> financial accessibility is paramount to our mission to serving the patient's we need to be serving. our crisis is to $49, less than half of the national average. we do partner with some wonderful nonprofits called abortion fund that offer financial assistance to patients who needed. we are in the process of working on insurance coverage. there is some policy work that needs to be done there in order for to be compatible with the

medicaid model. where pushing forward on this as quickly as we can. emily: erase $3.6 million from investors -- you raised $3.6 million from investors. to think more investors will be more or less interested now that we have this decision? have you heard from investors? >> we definitely have seen a spike in interest. many people living today have only lived in a post- roe era and the idea that this fundamental right was truly going to be stripped away felt a bit far-fetched. now that people are coming to terms with the very stark reality we are facing, there's a lot more interest in assisting with this critical problem. emily: we have been getting headlines from how tech companies are or not taking a stand with this, google just told workers they can apply for relocation as a result of the road decision. meta-telling workers not -- meta telling workers not to talk

about the decision openly. what standard do think big tech companies that have access to a lot -- what stand think big tech companies that have a lot of access to data should be doing? >> the number one thing they must be doing is protecting access for their employees. we have seen many large companies step up to support funding for cross state travel when needed. that is absolutely needed. there is concerning trends happening with the use of data to track abortion patients and providers and to the extent that these companies can mitigate those risks, they have a moral obligation to do so. emily: kiki freedman, hey jane cofounder and ceo, thank you for joining us and sharing your perspective. we will be back with more of a bloomberg technology after this break. ♪

emily: i want to take a look at the week, with our crypto editor. but did not look at too bad of a week for crypto this week did it? >> we had some green on the screen for the crypto crowd. of 3.5% jump over the seven day period, even a bigger job when you look at ethereum. you're looking at a 12% jump, more than 8% jump over the last one he for hours. -- 24 hours. that brings you over 21,004 bitcoin. 1204 ethereum. which a lot of nft fts are based on. we will talk about this a lot with our next guest.

one area of excitement is nba top shot volumes. if you look at trading volumes they are slowing down. the same had been true for top shot. there is a lot of excitement about the application of and fts, especially as it relates to other industries, primarily sports. we talked about it yesterday. but see how much that can keep going, especially is a big conference in new york starts to run down. emily: all right. thank you. speaking of nft's nft nyc coming to a close. they were discussing the opportunity and challenges ahead, including the crypto market. nft trading volume sinking. there are some still placing bets on nft marketplaces. my next guest is the ceo of dapper labs. behind crib and nba top shot roham gharegozlou with us now, along with -- why are you still

bullish on nft's given the decline in trading volumes. >> this is not our first market cycle. we are bullish because we think it is crypto and nft's in particular are one of the only areas in tech where we have touched a billion of nba fans. there are thousand growth potentials in the market, like building products people want to use. and fts stand for open a digital assets, assets that people are already spending hundred billion dollars a year in digital world. the nft technology let's the technology be affordable. the technology for that is now getting to the wing of maturity -- to the point of maturity. it's good user experience, low cost with blockchain like low and others helping make nba top shot successful. we have taken everything that is powered nba top shot and crossed 1.2 billing dollars in

transaction volume there and making it available to companies around the world from startups. some of the worlds smartest folks are building in the ecosystem that for most of us and most people out there is a year and half and two years old. i'm super excited to see the value it -- that will be created. emily: some of the biggest athletes and celebrities are getting in on it. you just announced a new partnership with magic johnson. tell us about that and the role that celebrities and athletes will play here. >> nft's web three in particular is a way for communities to come together and for celebrities or brands to connect with their fans in a new way. magic got this in a way that i have not seen in many folks get it immediately. he jumped in. he has created a line of nft's on nba top shot, some of the greatest moments from his history, and he has also put his

annotations and his commentary over these moments. the fans have been going crazy. it's exciting to see that. it's exciting to see nba top shot become the hub for if athletes want to engage with their fans that is where they start. that is where the fans are already. the next interesting thing we have coming up is the launch of nfl all day, with the new nfl season. we are excited to talk about that. emily: i wanted to talk to you about more sports. the nba has done more for the nft world, but how much adoption could expand to the nfl or other sports, what is on the horizon? >> dapper labs where working on nfl all day and usc strike. it should launch by the beginning of the season. if folks aren't in l.a. excited about real-world benefits, and real-world integration between the economy and showing up to the season opener, things like that. emily: what does that look like?

you have this virtual world and huge communities being formed online but at one point does a robber hit the world on the real world when you go to sports games? >> it goes two ways. people are going to live games, they're going to be burning nf'' s. we call them flow attendance tokens. people will even be able to earn different kinds of those for dialing into broadcast names and being an engaged fan. that bridges the physical world into the digital world, and gives folks something to do with her kids and friends as they watch the live game. give some value back to folks that show up to the arena. on the other hand, we want to take our best collectors, folks that have spent tens and thousands, or millions of dollars on inside the economies of these various teams. and show that data to the teams and the teams themselves want to

provide special experiences for those folks. it's the younger generation. folks that may have season tickets order that they might want to engage in the sport in different ways. they would rather have a million-dollar nba in lebron moments, then courtside seat. when they show up to game they expect to be treated differently. this technology allows that. it is open. the data is visible for anyone to be on top of. emily: i love the war years. but we -- warriors, but we are baseball fans. >> dapper labs does not work directly with baseball. we have a number of other companies that are building interesting products. we have open up our tools, whether it is the flow blockchain or the dapper wallet. you will probably see other companies using our tools to build their products. these the same credit card you

have loaded up for top shot to transact and any other marketplaces and virtual worlds. emily: we had it magic he didn't on earlier in the week, there's a lot of conversation about shifting away from theory him -- ethereum, how much are you seeing the nft community flow into other chains, do you think the move will be more aggressive? >> a lot of ways, the new communities are being created. the community on ethereum is extremely strong. it is expensive to transact. their. we have seen a lot of expensive high-value assets transferred, whereas on flow, it costs on the cents, you can sell something for dollar and that is much more accessible and engaging to folks. a very low cost, high-volume. that enables new user experiences. the world we believe will exist. certain things will happen on

different networks like today on the internet, you have microsoft, as well as amazon web church -- search, you have all of these developers and is their job to build on top of them to make it simple for the user. we made flow is a competition train and it provides a certain level of both low-cost environmental friendly and is the most environmentally friendly blockchain. nba top shop you can still spend bitcoin because those are still good payment networks. these -- the specialization will accelerate in the so-called tow -- crypto. more users, have growth potential in this industry. that is very different. that is what we are focused on. emily: let's talk about the winter. i know you have been through downturns before, how are you evaluating this one in particular in what is different about it? how does crypto survive it? >> i have no doubt crypto

husband and through multiple downturns. the only area in tech, where there is a direct increase in terms of the market size that we as software developers can accelerate, just by building products that other people use that has value back to fans and make it easier and easier to build on top of this technology which is still quite challenging in many ways. what is different about this a downtrend is the generalized downturn then the last couple of crypto winters which were specific to crypto. at the same time, we have seen in previous recessions, the people's mentality changes. but they still want to engage in entertainment and sports and gaming. they want to get more value for their time with their kids. they will get more value for the money they are spending as fans and nft's and crypto is about giving value back to the fan and value back to the user.

if you spend a dollar in digital world that is not crypto enabled, you will never get the dollar back. you spend a dollar in the nft it keeps giving back to you, the end of the day it is a liquid and you can keep it your kids, whatever it might be. the ecosystem where working on with our leak partners -- leak partners is to say -- league partners, let this be the back own -- back own -- back bone, let's give back to the fans and make sports and excitement and entertaining activity that they can engage in both the digital and physical world. emily: fascinating. roham gharegozlou ceo of dapper labs. thank you. we will keep watching. coming up a summer camp to become a cyber site, we will take a deep dive into the summer camp, happening all across the

country. next. this is bloomberg. ♪

emily: the nsa, one of america's most secret spy agencies is running a summer camp for teenagers, many of them across the country, joined one of those camps and is back to tell the tale. katrina, what happens at an nsa summer camp? >> they say that trying to teach kids cybersecurity and encourage the leaders of tomorrow to come and join the cybersecurity jobs. the biden administration sees 500,000 shortfalls in cybersecurity workers. the nsa says it is interested in that an early enough age that

you can and courage them to become cybersecurity professionals. what happens, my goodness i saw kids programming drones. they were talking coding. they had time for a jeopardy game, quiz at the end of the week. they were handing out cyber dollars. these are fake money to encourage kids to stay glued. they tried to do everything to keep lecture short to 10 minutes, as there was a steady supply of snacks all day. emily: are they teaching kids to spy? >> they would say no. the nsa says this is all about cybersecurity, encouraging especially young women and underrepresented minorities to think about these careers and also used cyber safety for teams who might be susceptible or vulnerable to cyber bullying and stocking. this is to equip them for this modern age. having said that, although it is not a direct recruitment line,

kids who have taken this have gone on to join the nsa, dod, u.s. exports, and cybersecurity jobs in the commercial world. they also have changed some of the immense. the nsa doesn't teach these requirement -- courses themselves, but they have to hit certain guidelines. one of those is to make sure they are teaching kids to think like an adverse three. they teach ethical hacking. and they discussed ethics. when i spoke to ethics teachers they were discussing ethical issues -- they were not discussing ethical issues at the nsa, there is that 2013 edwards noted case -- edward snowden case, which raised questions about the extent of the nsa's surveillance technique. it is fair to see this outreach, as part of the nsa which

insiders used to call no such agencies. part of that -- them coming out into the public eye and becoming more public facing, since 2014. emily: you wonder when they will start doing summer camps for adults, given those 600,000 jobs. bloomberg katrina manson. you have done some time. thank you so much for bringing us that story. that does it for bloomberg technology. wall street week, coming up next. larry summers is with him, who called the supreme court's decision today appalling. that is next. this is bloomberg. ♪

david: hoping for better days, but not before we get through the fear of gun violence, keeping our democracy safe, and a recession. this is "bloomberg wall street week." i'm david westin. this week -- larry summers of harvard.