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Dec 23, 2014
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next on bloomberg west. ♪ >> i'm cory johnson. this is "bloomberg west."r-old was so shocked when he found out about the cost of braille printers. so he used to some tools to build it a braille printer, reducing the cost from $2000 to $500. intel took notice of this project and invested around for his new company. brago labs. he joins me now, because school is off. only a kid in silicon valley would think, i'm going to turn my legos into a business. this is wonderful. >> first of all, thanks for having me. that is the first braille printer i made back in last december. >> you were in the seventh grade. >> yeah. >> you made this out of legos and stuff from home depot. when did this happen? >> in december, i came back from school and i sat down and did my homework. and then i went to check the mail. i came back in i was looking through the paper and i saw a flyer asking for a donation for the blind. that is when i had a question. i asked my parents, how do blind people read? they were busy, so they said don't disturb me. google it. >> your dad is a nice guy.
next on bloomberg west. ♪ >> i'm cory johnson. this is "bloomberg west."r-old was so shocked when he found out about the cost of braille printers. so he used to some tools to build it a braille printer, reducing the cost from $2000 to $500. intel took notice of this project and invested around for his new company. brago labs. he joins me now, because school is off. only a kid in silicon valley would think, i'm going to turn my legos into a business. this is wonderful. >>...
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Dec 12, 2014
12/14
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this is "bloomberg west."ost people have never heard of doxing. it's when private information is shared on the web worried that information can be shared legally or illegally. a conservative blogger posted the full name and photos of the alleged victim on twitter. there was an outcry against him, tors tweeting at twitter remove the blogger from the service. so what should services like twitter and other social media outlets do to protect their users against doxing? who docs thisser -- doxed this user is still tweeting today? what is the responsibility? >> i think any social media outlet, if it's being used to intimidate or harass an individual through doxing, they should immediately cease that user's account, whoever is using this doxing technique through their social media platform. >> twitter's response is that they do have certain policies in abusive users, they do block certain users. more extremee in saidtions, -- an executive he had a user wishing death upon his family. and twitter wouldn't remove that u
this is "bloomberg west."ost people have never heard of doxing. it's when private information is shared on the web worried that information can be shared legally or illegally. a conservative blogger posted the full name and photos of the alleged victim on twitter. there was an outcry against him, tors tweeting at twitter remove the blogger from the service. so what should services like twitter and other social media outlets do to protect their users against doxing? who docs thisser --...
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Dec 15, 2014
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>> from here three in san francisco, welcome to "bloomberg west."e co--- "bloomberg selling offmarkets with the nasdaq hit hardest. this comes as oil prices dropped again. accelerating after the hostage situation at a chocolate shop in sydney. riverbed technology is going to be aquatic -- going to be acquired. the company is being sold for $3.6 billion. advisers aftered managementnd elliott acquired a 10% stake in riverbed last year. a major deal brewing in the european wireless market. bt group will have several weeks for an exclusive negotiation window. banninganning buber -- starting january 1. that from the interior ministry. it comes three days after a parents judge blocked a bid to block uber. the government says the drivers do not eat the most basic requirements, including background checks and training. uber will take this to court. lead, three people are dead, including the gun them, in the hostage standoff in australia. were hurt,people including a police officer. the standoff ended after the police stormed the cafe in sydney's central bus
>> from here three in san francisco, welcome to "bloomberg west."e co--- "bloomberg selling offmarkets with the nasdaq hit hardest. this comes as oil prices dropped again. accelerating after the hostage situation at a chocolate shop in sydney. riverbed technology is going to be aquatic -- going to be acquired. the company is being sold for $3.6 billion. advisers aftered managementnd elliott acquired a 10% stake in riverbed last year. a major deal brewing in the european...
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Dec 16, 2014
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what is autodesk doing just steps from bloomberg west?will look at the geppetto of 3-d creation next. you can watch a streaming on your tablet, on your pc, at bloomberg.com and on fire tv. ♪ >> this is "bloomberg west." i am corey johnson, in for emily chang. how do you get a group of software developers to understand the real implications of their coding? you build a workshop on san francisco's waterfront, right next to our office on pier three. i spoke with the autodesk ceo carl bass. just steps from the bloomberg west studio on pier three, p are nine is the geppetto's workshop of laser cutters and 3-d printers. autodesk has built this cutting edge workshop -- get it, cutting edge? anyway, this helps autodesk and their customers. >> this is a space we use as a design ofo take the our products and turned them into physical goods. can make whatever they want, and so they do. this is like a testing lab. >> employees design on autodesk software but build on all kinds of equipment. >> it is a way to test what we do. it is not good enough to
what is autodesk doing just steps from bloomberg west?will look at the geppetto of 3-d creation next. you can watch a streaming on your tablet, on your pc, at bloomberg.com and on fire tv. ♪ >> this is "bloomberg west." i am corey johnson, in for emily chang. how do you get a group of software developers to understand the real implications of their coding? you build a workshop on san francisco's waterfront, right next to our office on pier three. i spoke with the autodesk ceo...
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Dec 9, 2014
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that's next on "bloomberg west." >> i am emily chang and this is "bloomberg west." ebay, hp, and symantec have announced major spinoffs this year. breaking up is hard to do, but some of the biggest tech companies in silicon valley seem to see the advantages of it. are the splits part of a new industry trend? cory johnson back with more on that. >> this is an interesting story about where great opportunities are. we went to think about silicon valley as two guys, a dog, and a garage. there are some great opportunities from companies that exists in other parts of giant companies. a new venture partnership that hasn't experienced carving out some of the successful businesses from large companies. this is a new partnership that is based on an old partnership. rob, talk to me about the big picture idea about where you find opportunities to invest in. >> the opportunity lies in large companies. these companies have nuggets or business divisions that are no longer strategic. no longer imperative. and we work with them to carve them out, spin them out, or establish a joint
that's next on "bloomberg west." >> i am emily chang and this is "bloomberg west." ebay, hp, and symantec have announced major spinoffs this year. breaking up is hard to do, but some of the biggest tech companies in silicon valley seem to see the advantages of it. are the splits part of a new industry trend? cory johnson back with more on that. >> this is an interesting story about where great opportunities are. we went to think about silicon valley as two guys,...
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Dec 15, 2014
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is up more "bloomberg west" will be right back. ♪ >> you are watching "bloomberg west" where we focusvation, technology and the future of business. hostage crisis has ended in the city chocolate shop where it took place after an armed gunmen took patrons hostage. for anadrupled its fares extra can people. their minimum charge with $82. theysent out a tweet -- started by sending out this tweet -- "we are all concerned with the vent in the central business district, so fares have increased to encourage drivers to come online and pick up passengers in the area." and they updated their site saying trips will be free. higher rates are still in place but we encourage drivers to get in all stop finally, after posting their tweet -- they say uber rides are free. how damaging was this move and is it time for uber to figure out something about crisis business management, let alone crisis pr. guest is somebody who knows a little something about crisis pr. the pr thing, they have done a horrendous job. >> i don't know if it is a cultural thing at the company but they could have acted more quickly
is up more "bloomberg west" will be right back. ♪ >> you are watching "bloomberg west" where we focusvation, technology and the future of business. hostage crisis has ended in the city chocolate shop where it took place after an armed gunmen took patrons hostage. for anadrupled its fares extra can people. their minimum charge with $82. theysent out a tweet -- started by sending out this tweet -- "we are all concerned with the vent in the central business...
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Dec 17, 2014
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this is "bloomberg west." e sony hacking has hit the tech world with information investmenthat, the .eaked in e-mails bloomberg news reporter sarah frier trends meet more from san francisco. hacking, the gift that keeps on giving for the media. really a headache that gets bigger and bigger for sony. right? >> absolutely. especially snapchat. snapchat is one of the most he gripped companies about everything they are doing. one of the most secretive companies about everything they're doing. they never talk about deals. we all knew facebook tried to buy snapchat for $3 billion last year. what these e-mails seem to suggest is the price was even higher than that. there were e-mails from the sony did they seriously turn down this $3 billion? responded saying, use the real number --it seems to suggest it was higher. >> is this a facebook head ache as well? mark zuckerberg upset that details were leaking about his investigations? upset.he was pretty this isht -- you know, just not fair play, and actually snapchat's inv
this is "bloomberg west." e sony hacking has hit the tech world with information investmenthat, the .eaked in e-mails bloomberg news reporter sarah frier trends meet more from san francisco. hacking, the gift that keeps on giving for the media. really a headache that gets bigger and bigger for sony. right? >> absolutely. especially snapchat. snapchat is one of the most he gripped companies about everything they are doing. one of the most secretive companies about everything...
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Dec 2, 2014
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is "bloomberg west." fbi is warning businesses that hackers have already used illicit software to launch a cyber attack in the united states. this comes following a breach at sony pictures that saw unreleased movies leak out on the internet. said the attacks are connected. how many other businesses should be concerned about this warning from the bureau? the vice president of research and boston. specifically, what makes us think these attacks go beyond sony pictures? that thek investigations they have been carrying out suggest there is seenre that has been elsewhere. i would suspect they have that whoever is perpetrating these attacks is targeting other companies as well. it's very common to use malware to go after this and extract information that might be useful in attacks. hishingng word but these are attacks where they will see what they can find and look forholes insecurity and maybe exploit those? >> that's the typical way it goes. you are not that far off when attacks.hishing the most common way to
is "bloomberg west." fbi is warning businesses that hackers have already used illicit software to launch a cyber attack in the united states. this comes following a breach at sony pictures that saw unreleased movies leak out on the internet. said the attacks are connected. how many other businesses should be concerned about this warning from the bureau? the vice president of research and boston. specifically, what makes us think these attacks go beyond sony pictures? that thek...
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Dec 13, 2014
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this is "bloomberg west."hares of lendingclub soared 56 percent yesterday, making the online lending startup one of the most valuable financial institutions in the country. lendingclub serves as a marketplace connecting individual and institutional lenders with people who need money using data and web tools to provide the lender with an instant risk assessment. the next guest says that while alibaba got attention, it's actually lendingclub that is more important. we are back with paul kedrosky from san diego. cory johnson is with us as well. paul, which was more important -- ali baba or lendingclub? >> obviously, obama was moreimportant. in terms of representing the bigger changes in how the world works, transforming economies and thinking of disruptive opportunities, it just is hands down no question, lendingclub. we were so preoccupied with ali baba, which will turn out to be a capital footnote to history, whereas lending club will represent this wrenching change for financial markets worldwide over the next
this is "bloomberg west."hares of lendingclub soared 56 percent yesterday, making the online lending startup one of the most valuable financial institutions in the country. lendingclub serves as a marketplace connecting individual and institutional lenders with people who need money using data and web tools to provide the lender with an instant risk assessment. the next guest says that while alibaba got attention, it's actually lendingclub that is more important. we are back with paul...
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Dec 16, 2014
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phone, tablet, bloomberg.com, apple tv, and amazon fire tv. ♪ >> i'm emily chang and this is bloomberg westn bloomberg television, radio, and streaming on your phone, tablet, and bloomberg.com. t-mobile is allowing customers to rollover data. is the latest marketing push to get subscribers from verizon and at&t. they called it data stash and will let customers utilize unused data from prior months up to a year. it's part of the un-carrier strategy that includes phone financing, the removal of contract, and free music streaming. andoke with john ledger started by asking why he is making these changes. customer solving pinpoints. it they are not marketing programs. they are fundamental industry changes that are permanent. this is one of the most infuriating gigantic issues that customers have pointed out to me. 40,000 social media messages. , the paid's about customers that exist, 110 million of them have teacher phones or unlimited which leaves 120 million people that have to purchase data. 90% of them have no idea or how much they need. is the penalty of using too much. $1.5 billion in over
phone, tablet, bloomberg.com, apple tv, and amazon fire tv. ♪ >> i'm emily chang and this is bloomberg westn bloomberg television, radio, and streaming on your phone, tablet, and bloomberg.com. t-mobile is allowing customers to rollover data. is the latest marketing push to get subscribers from verizon and at&t. they called it data stash and will let customers utilize unused data from prior months up to a year. it's part of the un-carrier strategy that includes phone financing, the...
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Dec 10, 2014
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gig, next on "bloomberg west." ♪ >> i'm emily chang and this is "bloomberg west."ne of the fastest-growing startups in silicon valley today -- it has just hired a new coo for the long track. he is the former ceo of paypal and founder of yammer, which he sold to microsoft for $1.2 billion. why hire him now? efits?d he go to zen i you and i have talked for a long time. retired. have coo?he ceo -- >> this is one of the most exciting companies i have seen. introduced -- he was raving about this company and telling me i have to check it out. parker got me more and more excited about what he was doing. his vision for the company and is unlikeon around it any company i have seen in the last 15 years. >> i know you have been thing about this. you are going back to your operator start up roots. why? >> i guess i am an addict. growth is a drug. , thek back at my career times that were the most fun were the times when i was dealing with extremely fast growth and companies like paypal and yammer. off -- i decided i liked the companies better. zenefits has done in one year what
gig, next on "bloomberg west." ♪ >> i'm emily chang and this is "bloomberg west."ne of the fastest-growing startups in silicon valley today -- it has just hired a new coo for the long track. he is the former ceo of paypal and founder of yammer, which he sold to microsoft for $1.2 billion. why hire him now? efits?d he go to zen i you and i have talked for a long time. retired. have coo?he ceo -- >> this is one of the most exciting companies i have seen....
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Dec 14, 2014
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that does it for this edition of the best of "bloomberg west." h us monday through friday on bloomberg television. we will see you next week. ♪ . . >> progress isn't always linear. sometimes it is exponential. new innovations create newer breakthroughs. >> it is very exciting to think it might change someone's life someday. >> being able to make devices that are millions of times more powerful. >> in 2015, our race for the future continues, from the food we eat -- >> we are talking about feeding the planet. we need a new paradigm of how we grow our food. >> to the way we interact with technology. >> it lets you control any device through hand gestures. >> to how we communicate.
that does it for this edition of the best of "bloomberg west." h us monday through friday on bloomberg television. we will see you next week. ♪ . . >> progress isn't always linear. sometimes it is exponential. new innovations create newer breakthroughs. >> it is very exciting to think it might change someone's life someday. >> being able to make devices that are millions of times more powerful. >> in 2015, our race for the future continues, from the food we...
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Dec 20, 2014
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that does it for this edition of "the best of bloomberg west." and 3:00at 10:00 a.m. p.m. out west.xt week. >> before the dvd's arrived, i saw arthur's video. when i saw him trying to do this with crutches, i said ok, i can do this. dropped 180a, i pounds. i lost 20 inches off my hips. that has never happened to me before.
that does it for this edition of "the best of bloomberg west." and 3:00at 10:00 a.m. p.m. out west.xt week. >> before the dvd's arrived, i saw arthur's video. when i saw him trying to do this with crutches, i said ok, i can do this. dropped 180a, i pounds. i lost 20 inches off my hips. that has never happened to me before.
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Dec 4, 2014
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>> live from pier three in san francisco, welcome to "bloomberg west" where we cover innovation, technology, and the future of business. i'm emily chang. a check of the bloomberg top headlines. the s&p 500 has closed at a new record high as all three index posted gains today. president obama said the u.s. economy is right on track, especially with energy. >> on energy, we have seen a revolution that is changing not just the economy but also changing geopolitics. not only is oil and gas production up because of technological changes that have taken place, but we've also doubled our production of clean energy. >> oil futures up after the selloff. diane feinstein wants the faa to tighten restrictions on drone pilots. in a letter, she said recent reports of close calls between drones and commercial planes are alarming. they are proposing criminal penalties. more reason for disney shareholders to smile. they are boosting the annual dividend by 34%, $1.15 a share. disney stock hovering around an all-time high posting record revenue and profit in the last fiscal year thanks to hits like "frozen" a
>> live from pier three in san francisco, welcome to "bloomberg west" where we cover innovation, technology, and the future of business. i'm emily chang. a check of the bloomberg top headlines. the s&p 500 has closed at a new record high as all three index posted gains today. president obama said the u.s. economy is right on track, especially with energy. >> on energy, we have seen a revolution that is changing not just the economy but also changing geopolitics. not...
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Dec 22, 2014
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this is "bloomberg west." the cutting edge of dumping old technology.hey have done away with all its office voicemail. starting with its atlanta headquarters and their tech center. alternativeng methods to contact employees. the e-mails save $100,000 a year but the spokesman said it is more about simplifying work in making the company move faster. employees could have kept the old technology but only 6% opted to retain their voicemail line. quickartups have grown as -- quickly as the chinese smartphone maker xiao ming. phone maker.mart made anothered -- $45 billion. john butler joins me now from new york. you have followed this company for a long time. this valuation of $45 billion for a company that is totally not profitable is fairly amazing. >> it is pretty amazing but so is their growth. they are on track to ship 60 million smartphones this year. when you look back at 2011, they were just a startup. we are talking a quarter of a million units. the growth has been meteoric. one of the keys to their success in my view is the fact that they into the yo
this is "bloomberg west." the cutting edge of dumping old technology.hey have done away with all its office voicemail. starting with its atlanta headquarters and their tech center. alternativeng methods to contact employees. the e-mails save $100,000 a year but the spokesman said it is more about simplifying work in making the company move faster. employees could have kept the old technology but only 6% opted to retain their voicemail line. quickartups have grown as -- quickly as the...
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Dec 14, 2014
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that does it for this edition of the best of "bloomberg west." h us monday through friday on bloomberg television. we will see you next week. ♪ >> the you love sitting down to a big sunday dinner with the entire family? to you wish you could enjoy the taste of labor-intensive recipes without the time, work, or a way to? now there is a new way to turn grandma's favorite recipes into everyday meals with just a push of a buttonin
that does it for this edition of the best of "bloomberg west." h us monday through friday on bloomberg television. we will see you next week. ♪ >> the you love sitting down to a big sunday dinner with the entire family? to you wish you could enjoy the taste of labor-intensive recipes without the time, work, or a way to? now there is a new way to turn grandma's favorite recipes into everyday meals with just a push of a buttonin
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Dec 24, 2014
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>> from pier 3 in san francisco, welcome to "bloomberg west," where we cover innovation, technology and the future of business. i am cory johnson. here's a check of your bloomberg top headlines. a milestone day for the dow jones industrial average topping 18,000 for the first time. it closed with a gain of 4/10 of a percent and up 8.7% for the year thus far. michael reagan on the outlook for next year. >> we will still have earnings growth forecast for about 6%. the big question is this expansion valuation. the s&p is trading at about 18.5 times reported earnings. >> news of the u.s. economy grew a 5% clip in the fourth quarter helped fuel those gains in the dow and the best gdp rating since 2003. move over new york, florida has become the nation's third-most populist state. they have 19.9 million residents. california has the most over 38 million people. that is according to the census bureau and that boosted florida's housing market. qualcomm could be facing a huge loss of revenue in china. the chinese government is pushing them to accept lower royalty payments from chinese smartphone
>> from pier 3 in san francisco, welcome to "bloomberg west," where we cover innovation, technology and the future of business. i am cory johnson. here's a check of your bloomberg top headlines. a milestone day for the dow jones industrial average topping 18,000 for the first time. it closed with a gain of 4/10 of a percent and up 8.7% for the year thus far. michael reagan on the outlook for next year. >> we will still have earnings growth forecast for about 6%. the big...
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Dec 3, 2014
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>> live from pier three in san francisco, welcome to "bloomberg west." i'm cory johnson, in for emily chang. here are your bloomberg top headlines. equity markets closed with solid gains today. even as stocks were bid up, richard clarida of pimco said they are ignoring problems in the big economy. >> the big thing we are trying to figure out is what a global economy looks like with insufficient demand and very accommodative unconventional policies. what is the endgame? we really don't know. >> meanwhile, oil stocks were up today. the price of oil slid nearly 3% after yesterday's big rebound. ibm signs more cloud computing deals as it tries to boost revenue. the latest deals are with wpp and thomson reuters. they could add $4 billion to ibm's top line. the revenue comes at a crucial time for big blue, which recently ditched its earnings forecast. a federal judge in minnesota refused to toss out a lawsuit filed by banks against target over last year's huge seven security breach. they sued target for negligence, saying they failed to protect systems, and the
>> live from pier three in san francisco, welcome to "bloomberg west." i'm cory johnson, in for emily chang. here are your bloomberg top headlines. equity markets closed with solid gains today. even as stocks were bid up, richard clarida of pimco said they are ignoring problems in the big economy. >> the big thing we are trying to figure out is what a global economy looks like with insufficient demand and very accommodative unconventional policies. what is the endgame? we...
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Dec 3, 2014
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>> live from pier three in san francisco, welcome to bloomberg "west." i am emily chang. here is a check of the bloomberg top headlines. president obama has been meeting with ceos of the business roundtable in washington. while there, he spoke about the possibility of reforming the tax code. >> there is definitely a deal to be done. i think two big hurdles that we will have to get over. the first is the classic problem which is people are in favor of tax reform in the abstract and sometimes more concerned with tax reform in the specifics. the president also told business leaders the plans for immigration reform will help the u.s. economy. steady progress of science in the recovery process for the economy. adp numbers went up. a new york city startup publish the content of the adp report for minutes before the scheduled release. -- four minutes before the scheduled release. the upcoming sony movie "annie" has been removed from some filesharing websites. this is according to a person a millionaire with the situation. another posted online after it was hit by hackers. they ha
>> live from pier three in san francisco, welcome to bloomberg "west." i am emily chang. here is a check of the bloomberg top headlines. president obama has been meeting with ceos of the business roundtable in washington. while there, he spoke about the possibility of reforming the tax code. >> there is definitely a deal to be done. i think two big hurdles that we will have to get over. the first is the classic problem which is people are in favor of tax reform in the...
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Dec 10, 2014
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thank you all for watching this "bloomberg west." the latest headlines on your phone, tablet, and bloomberg.com. see you later. ♪ .
thank you all for watching this "bloomberg west." the latest headlines on your phone, tablet, and bloomberg.com. see you later. ♪ .
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Dec 21, 2014
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that is next. ♪ >> this the best of "bloomberg west." i am emily chang. boston man who works as an uber driver was accused of taking a passenger to a secluded location and raping her. a spokesperson tells "bloomberg west" it is a despicable crime and our thoughts and prayers are with the victim. uber has been working close with law enforcement and will continue to do everything we can to assist their investigation. this comes as a they said they will do more background checks on its drivers. my colleague matt miller spoke with former chairman of the taxi and limo association. >> they have been lobbying and spending hundreds of millions of dollars on efforts to have less of background checks and do it themselves when every other taxi and limo like we did at tlc with a fingerprint which is more accurate. it will catch fraud occurring with fake names and identities. and i do believe we need to do that. it is good uber is looking to acknowledge. >> uber have announced even before today's case came to light they will do more background checks and at least deep
that is next. ♪ >> this the best of "bloomberg west." i am emily chang. boston man who works as an uber driver was accused of taking a passenger to a secluded location and raping her. a spokesperson tells "bloomberg west" it is a despicable crime and our thoughts and prayers are with the victim. uber has been working close with law enforcement and will continue to do everything we can to assist their investigation. this comes as a they said they will do more...
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Dec 6, 2014
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♪ >> welcome back to the best of "bloomberg west." i'm emily chang.hat is the secret to success for young tech companies? often it is their nimble start-up culture that helps drive innovation and may put the company on a path to greatness. can large companies learn something here? we spoke with the author of "the lean startup" and founder to have lean startup movement. i asked if any companies were implemmingt the lean startup technique. >> i got calls saying we want to plement this system in our large company. so many issues that we are talking about a are the same. once you have a product fit and you have a successful product, you have at least one other person working for you, how do we teach people to become entrepreneurs? >> what about a company like microsoft? the new c.e.o. microsoft obviously missed some of the technological hits of the last 10 years. how does a company like microsoft change? can they change? >> i believe they can. it is about are you willing to hange the whole blueprint? if you want to fost they are a kind of oin vegas inside
♪ >> welcome back to the best of "bloomberg west." i'm emily chang.hat is the secret to success for young tech companies? often it is their nimble start-up culture that helps drive innovation and may put the company on a path to greatness. can large companies learn something here? we spoke with the author of "the lean startup" and founder to have lean startup movement. i asked if any companies were implemmingt the lean startup technique. >> i got calls saying...
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Dec 13, 2014
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that does it for this edition of the best of "bloomberg west."ch us monday through friday on bloomberg television. we will see you next week. ♪ . . >> 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 is a paid presentation brought to you by ddp yoga. >> when i saw him trying to do ok, iith crutches, i said can do this. i lost 180 pounds.
that does it for this edition of the best of "bloomberg west."ch us monday through friday on bloomberg television. we will see you next week. ♪ . . >> 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 is a paid presentation brought to you by ddp yoga. >> when i saw him trying to do ok, iith crutches, i said can do this. i lost 180 pounds.
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Dec 20, 2014
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this is "bloomberg west."'m emily chang. it should have been a day of celebration for blackberry. revenue continues to be a problem with sales dropping 34% in the quarter. earlier today, i spoke to blackberry ceo john chen and started by asking when we will see revenue growth again. >> i have been very consistent about it. we are going to turn out positive cash flow and positive profits before we get to revenue growth. we will keep launching products, and revenue growth will come sometime next year. >> tell us a little bit more about who is buying these devices. how many of these people are new blackberry customers aqua how many are upgrading from old blackberrys, and how many are using it as an additional or second device? >> i think you see a lot of people using two devices. i have a new software product, by the way, coming out next year, probably around the june timeframe. i'm hoping to convince people to one device -- obviously, the blackberry device. you see, in the case of classic, probably more uptick f
this is "bloomberg west."'m emily chang. it should have been a day of celebration for blackberry. revenue continues to be a problem with sales dropping 34% in the quarter. earlier today, i spoke to blackberry ceo john chen and started by asking when we will see revenue growth again. >> i have been very consistent about it. we are going to turn out positive cash flow and positive profits before we get to revenue growth. we will keep launching products, and revenue growth will...
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Dec 19, 2014
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>> live from pier three in san francisco, welcome to "bloomberg west." i'm emily chang. here is a check of your bloomberg top headlines. the snp has just downgraded ukraine's credit rating to triple c minus with a negative outlook. francois hollande suggested it may be time to ease sanctions on russia. his comments come as russia's economy teeters on the brink of recession. is shrugging off russia's economic problems and looking to the country to boost revenue appeared twitter started telling ads in russia through a third-party party. first question clients include twitter company -- worked with russian regulators who recently passed a law cracking down on bloggers. .ore battles for uber the company has just been declared illegal in taiwan. >> i think it is really sad when invested money tries to stop innovation in their best interest because capitalism -- >> will grow unfettered ? >> regulation is very different than people being affected by innovation. are we going to talk real here? we know exactly what's going on. >> back in the u.s., number is in portland.ices t-mobi
>> live from pier three in san francisco, welcome to "bloomberg west." i'm emily chang. here is a check of your bloomberg top headlines. the snp has just downgraded ukraine's credit rating to triple c minus with a negative outlook. francois hollande suggested it may be time to ease sanctions on russia. his comments come as russia's economy teeters on the brink of recession. is shrugging off russia's economic problems and looking to the country to boost revenue appeared twitter...
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Dec 2, 2014
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we will be right back. ♪ >> this is "bloomberg west."r says it has discipline josh moore, who was under fire for using the company technology to track a buzz feed reporter. uber did not give details on what he did wrong or what the punishment was, but he will keep his job. he has not been disciplined publicly. more than 6 billion people are expected to have smartphones by the year 2020. how will the valley deal with the massive demand for data? you can watch a streaming on your phone, tablet, bloomberg.com, apple tv. ♪ >> time now for "on the markets." i am julie hyman. a selloff for the first trading day of the year -- of the month. the first day of december stock falling across the board. disappointing holiday spending numbers being reported an estimated for the weekend as well as gauging manufacturing and china and germany coming in below average. >> you're watching "bloomberg west," where we focus on technology and the future of business. i am emily chang. the number of people with smartphone subscriptions is expected to double by 20
we will be right back. ♪ >> this is "bloomberg west."r says it has discipline josh moore, who was under fire for using the company technology to track a buzz feed reporter. uber did not give details on what he did wrong or what the punishment was, but he will keep his job. he has not been disciplined publicly. more than 6 billion people are expected to have smartphones by the year 2020. how will the valley deal with the massive demand for data? you can watch a streaming on...
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Dec 20, 2014
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from pier three in san francisco, this is "bloomberg west," where we bring you >> to our top story. thatbi has now confirmed north korea was behind the devastating cyber attack that forced sony to cancel its christmas relief of "interview." tells the story of journalist hired to kill north korean leader. this movieation of could cost of the more than $200 million. they talked about the impact on sony hollywood with vice and captain arnolds. arnol >>ds. it hits us in freedom of speech. that is what we are made of. how is it going to affect movies going forward? how was it going to affect books, magazines, and tv shows westmark everybody is really disturbed because we do not know what work and. >> q, does it surprise you that the north koreans have the ?apabilities >> thank you for having me. capability on a defensive side and on cyber offensive capability. they are training people and getting tools. we see that on full display in the sony attack. mexichem can we expect films getting canceled whenever they want to? you show what you have, and there is a lot of uncertainty still in the
from pier three in san francisco, this is "bloomberg west," where we bring you >> to our top story. thatbi has now confirmed north korea was behind the devastating cyber attack that forced sony to cancel its christmas relief of "interview." tells the story of journalist hired to kill north korean leader. this movieation of could cost of the more than $200 million. they talked about the impact on sony hollywood with vice and captain arnolds. arnol >>ds. it hits us...
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Dec 9, 2014
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>> live from pier three in san francisco, welcome to "bloomberg west", where we cover innovation, technology and the future of business. i'm emily chang. here's a check of your bloomberg top headlines -- a report by senate democrats found the cia misled congress and the white house about its interrogation techniques of terror suspects. the report found harsh interrogations were not effective and did not produce key information at lead to the killing of osama bin laden, contrary to claims by the programs supporters. uggla picks the best days are still ahead for cloud computing. the company's cloud chief for europe, the middle east and africa said the pace customers are moving their data to the cloud is picking up and assured customers google can keep their data safe. >> the economy of scale something like google can achieve is a bit more difficult in terms of the investments you can do and we deploy an amount on cyber security beyond your imagination in order to protect your information. price of cloud services will drop at a slower pace in 2015 than previous ones. the u.s. supreme court rule
>> live from pier three in san francisco, welcome to "bloomberg west", where we cover innovation, technology and the future of business. i'm emily chang. here's a check of your bloomberg top headlines -- a report by senate democrats found the cia misled congress and the white house about its interrogation techniques of terror suspects. the report found harsh interrogations were not effective and did not produce key information at lead to the killing of osama bin laden, contrary...
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Dec 13, 2014
12/14
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that doesn't for this edition of the best of "bloomberg west."ch us monday through friday on bloomberg television. we will see you next week. ♪ ♪ >> the following is a paid presentation for haute polish. >> you love that look when you walk out with beautiful nails. they boost your confidence and give you a glamorous feeling. whether you paint your old and nails or go to a salon, nails smudges or checks before you blink. while gel nails are durable, there more expensive, complicated, time-consuming
that doesn't for this edition of the best of "bloomberg west."ch us monday through friday on bloomberg television. we will see you next week. ♪ ♪ >> the following is a paid presentation for haute polish. >> you love that look when you walk out with beautiful nails. they boost your confidence and give you a glamorous feeling. whether you paint your old and nails or go to a salon, nails smudges or checks before you blink. while gel nails are durable, there more...
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Dec 7, 2014
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♪ >> welcome back to the best of "bloomberg west." i'm emily chang.h companies from microsoft to google, from apple to facebook have reported their diversity numbers, and they are pretty much the same story across the board. the workforce is predominantly male, predominantly white and asian. what can be done to increase diversity? our editor at large cory johnson and i spoke with civil rights leader, the reverend jesse jackson. he joins us from seattle where he has been meeting with leaders of amazon and microsoft including microsoft c.e.o. satya nadella. i asked him what nadella had to say. >> i think the real deal is if they will see that for those -- women and people of color represents market, money, talent, and location. it is not the cost of doing business. it is the key to growth. there is not a talent deficit, there is an opportunity deficit. while we focus a lot on stem and engineers, we can help increase that supply base. beyond that, 60% to 70% of the jobs are non-tech. lawyers and ad agencies and marketing and security forces. a whole rang
♪ >> welcome back to the best of "bloomberg west." i'm emily chang.h companies from microsoft to google, from apple to facebook have reported their diversity numbers, and they are pretty much the same story across the board. the workforce is predominantly male, predominantly white and asian. what can be done to increase diversity? our editor at large cory johnson and i spoke with civil rights leader, the reverend jesse jackson. he joins us from seattle where he has been...
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Dec 7, 2014
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♪ >> welcome back to the best of "bloomberg west." i'm emily chang.hat is the secret to success for young tech companies? well, often it is their nimble startup culture. a culture that helps drive innovation and may put the company on a path to greatness. can large companies learn something here? cory johnson and spoke with eric ries, author of "the lean startup" and founder of the lean startup movement. i started by asking him if any big companies are implementing the lean startup technique. >> nobody was more skeptical than i was when i first started getting calls from companies saying we want to implement this entrepreneurial management system in our large company. i've been really surprised the last few years. i've had the chance to work with the big companies you mentioned as well as with the hot up-and-coming next gen i.p.o.s., silicon valley startups. so often the issues that we are talking about are actually the same. because once you have a product fit and you have a successful product, you're a big company, even if you're the world's greates
♪ >> welcome back to the best of "bloomberg west." i'm emily chang.hat is the secret to success for young tech companies? well, often it is their nimble startup culture. a culture that helps drive innovation and may put the company on a path to greatness. can large companies learn something here? cory johnson and spoke with eric ries, author of "the lean startup" and founder of the lean startup movement. i started by asking him if any big companies are implementing...
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Dec 5, 2014
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the founding partner tim draper is here next on "bloomberg west." ♪ >> i am emily chang this is "bloombergest." the u.s. government has completed an auction of 50,000 bitcoins, the second auction seized from the illicit marketplace with was shut down last year. the auction saw 11 registered bidders placed 27 bits, down from 45 bidders in the june auction. and that auction, venture capitalist tim draper was the sole winner of all 30,000 bitcoins. did he win again? he joins us now. how did you make at this time? >> i don't know yet. i think the news is not hit us yet. it's interesting, we had a great experience the first time and i used those bitcoins withmirror to create a whole new trading system in bitcoin. now, you can in effect trade anything -- and now i need more bitcoins because i have promised 300 bitcoins for every entrepreneur that is in the next boost contingent. boost.cc is the accelerated does all the bitcoin startups. i need to go out and get more bitcoins. >> the price is down 38% since you bought those 30,000 bitcoins in june. i know this is a long-term game. how concerned a
the founding partner tim draper is here next on "bloomberg west." ♪ >> i am emily chang this is "bloombergest." the u.s. government has completed an auction of 50,000 bitcoins, the second auction seized from the illicit marketplace with was shut down last year. the auction saw 11 registered bidders placed 27 bits, down from 45 bidders in the june auction. and that auction, venture capitalist tim draper was the sole winner of all 30,000 bitcoins. did he win again? he...
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Dec 12, 2014
12/14
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>> from pier three in san francisco, welcome to "bloomberg west" where we cover innovation, technology, and the future of business. i'm emily chang. a check of your bloomberg top headlines. oil hasn't been this cheap since july 2009. the price of a barrel fell below $60 today. the slide came after saudi arabia questioned the need to cut production. with that in mind, for -- former transportation security ray lahood says now is the time to raise the gas tax. >> america became number one in infrastructure. we built the golden gate bridge, the hoover dam, the interstate system using the big pot of money funded through the gas tax. it has not been raised for 20 years. >> he also called the u.s. one big pothole with repairs needed for roads and bridges nationwide. photoshop maker adobe has reported first-quarter earnings. sales were just over a billion dollars, a 3% gain. profit was up 12% as the company makes progress toward a subscription model. they are also buying a stock photography company for $800 million in cash. cbs has extended the contract of les moonves through june of 2019. he
>> from pier three in san francisco, welcome to "bloomberg west" where we cover innovation, technology, and the future of business. i'm emily chang. a check of your bloomberg top headlines. oil hasn't been this cheap since july 2009. the price of a barrel fell below $60 today. the slide came after saudi arabia questioned the need to cut production. with that in mind, for -- former transportation security ray lahood says now is the time to raise the gas tax. >> america...
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Dec 4, 2014
12/14
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>> welcome to "bloomberg west." is european central bank reportedly preparing a broad-based quantitative easing package for introduction next month. draghimes after mario said he will assess the need for further economic stimulus early next year. ecb staff and the relevant euro system committees have stepped up the technical preparations for further measures. which could, if needed, bl lamented in a timely manner -- be implemented in a timely manner. >> european stocks lower but the euro higher. uber has raised $1.2 billion in additional funding. at aompany is now valued whopping $40 billion. it will use the money to expand in the asia-pacific region. it has hired goldman sachs to sell more than $1 billion of convertible debt to the banks will management clients. -- wealth management clients. it is auction day for bitcoin believers. the federal government will sell 50,000 bitcoins today. was seized currency from the silk road. 30,000 were brought in june by ken draper. building again. watch up and present huggies, a
>> welcome to "bloomberg west." is european central bank reportedly preparing a broad-based quantitative easing package for introduction next month. draghimes after mario said he will assess the need for further economic stimulus early next year. ecb staff and the relevant euro system committees have stepped up the technical preparations for further measures. which could, if needed, bl lamented in a timely manner -- be implemented in a timely manner. >> european stocks...
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Dec 20, 2014
12/14
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>> from pier 3 in san francisco, welcome to the best of "bloomberg west," where we focus on innovation, technology, and the future of business. i'm emily chang. every weekend, we'll bring you the "best of west," the top interviews of the week with the power players in global technology and media. to our top story. nightmare.ing the fbi has confirmed north korea was behind the devastating cyber attack was for sony to cancel the christmas release of "the interview." movie theaters refused to show it. the movie tells to story of a journalist hired to kill korean leader kim jong-un. the cancellation could cost sunny more than $200 million. matt miller talked about it with the vice president thompson and kathryn arnold. he asked catherine how upset the community is. , the creativet community is up in arms. it is hitting us where american stance from a cultural perspective, freedom of speech and expression. the question is not only is it a horrific situation and is one and step the how will it a fact movies going forward and books and magazine and comedies? it has far-reaching affects and ev
>> from pier 3 in san francisco, welcome to the best of "bloomberg west," where we focus on innovation, technology, and the future of business. i'm emily chang. every weekend, we'll bring you the "best of west," the top interviews of the week with the power players in global technology and media. to our top story. nightmare.ing the fbi has confirmed north korea was behind the devastating cyber attack was for sony to cancel the christmas release of "the...