during an informal facebook live, mark zuckerberg said musk‘s claims that al poses a fundamental riskonsible. but musk took to twitter to respond, writing zuckerberg's knowledge of the issue is limited. touche! first it was gone and then it wasn't, as microsoft puts to bed reports that it was getting rid of its graphic programme, paint. people rushed to social media to show their love for the programme, which won't remain on microsoft 10 by default in the future but will be available on the windows store for free. yes, i'm taking commissions! and now you can live out your pop dreams in ar. not shying away, a chicago—based studio have recreated the classic a—ha take on me video using the ios 11 ar kit. recently, there seems to have been an increase in the number of brute force password attacks. this is where the hacker uses a programme to constantly try new passwords until they hit the jackpot. in the past, security services have recommended creating as long and complex passwords as possible, never writing them down and changing them often. however, we're only human and we don't have t

facebook ceo mark zuckerberg called for a radical change in his speech to harvard's graduating class >> we should explore ideas like universal basic income to make sure everyone has a cushion to try out new ideas. >> it's an unconditional periodic cash payment that the government makes to everyone, whether you're unemployed or wealthy, a $1,000 monthly government check would replace all current welfare programs, including social security. another supporter, elon musk, said there's a pretty good chance we end up with a universal basic income due to automation the cash could fund basic needs like food and housing while people find new jobs in the digital economy, but opponents warn the digital allowance could actually increase poverty. could universal basic income or would it make people not want to work we have two views today, michael tanner and jason furman, harvard kennedy school professor, chief economist to president obama gentlemen, thank you both for joining us today michael, let's start with you. this idea of free money seems to violate the american work ethic. why do you thin

. >>> also the billionaire founder of facebook ceo mark zuckerberg is back to pushing a socialist ideaverybody, everybody a basic income, meaning you all get money. who pays for that? my next guest thinks this is wholly un-american and here's an idea for you and mark zuckerberg, why not just cut taxes? >>> speaking of socialism, the details of the outbreak of violence in socialist venezuela. you're not going to believe this story, after this. got home. yeah, my dad says our insurance doesn't have that. what?! you can leave worry behind when liberty stands with you™. liberty mutual insurance. for her compassion and care. he spent decades fighting to give families a second chance. but to help others, they first had to protect themselves. i have afib. even for a nurse, it's complicated... and it puts me at higher risk of stroke. that would be devastating. i had to learn all i could to help protect myself. once i got the facts, my doctor and i chose xarelto®. xarelto®... to help keep me protected. once-daily xarelto®, a latest-generation blood thinner... ...significantly lowers the risk of

of millions of people out of a job they're on to basic income as you say this is the likes of mark zuckerberg and people like that are coming forward and saying well maybe we need a basic income because they themselves don't want to give up their monopolistic positions over eyeballs on the internet so for example i saw that something like four out of ten dollars spent on line is spent on amazon and they hope to capture even more of it it doesn't look like there's any sort of antitrust actions coming anywhere on the horizon and they say in this article they point out that with this thirteen point seven billion dollars acquisition of whole foods amazon's jeff bezos has made clear his determination to dominate every facet of mass retailing likely at the cost of massive layoffs and the eight hundred billion dollars super market sector but this if anything understates the ambitions of america's new ruling class almost entirely based in san francisco and seattle as it moves to take over industries from entertainment and transportation to energy in space exploration that once thrived in competed out

but as facebook treats this as an investment year, ceo mark zuckerberg outlined where facebook's futureevenue growth will come from >> we're also working to build a business ecosystem around messenger and whatsapp messenger and whatsapp both have large communities and they're growing quickly with 1 billion people now using whatsapp daily, it is still early on the monetization side, although we have started showing ads to a small number of people on messenger. i want to see us move a little faster here, but i'm confident that we're going to get this right, over the long-term. >> cfo david waner was cautious, though he warned that new revenue from messenger will not compensate from the declining growth in other areas. let's take a listen. >> we continue to expect that facebook ad load will play a less significant factor driving advertising revenue growth going forward, and the desktop ad revenue growth rates will slow in the second half of 2017, when we begin to lap efforts the limit of ad wloblockers in addition, we can want that our strategic focus on driving engagement to mobile video

mark zuckerberg and others tweeted their disappointment. it will cause too much disruption. continued strength in mobile video advertising. sheryl sandberg spoke with bloomberg about her new mission of the company. >> i am really excited about the new mission. i think it is what we have been doing and will have an increase building community. we see it with the groups. i thought with the work i did to form groups on facebook, which has surpassed any of my wildest expectations. i see it when i meet people forming groups, and how marketers approach building community on facebook. scarlet: sandberg set higher user numbers increasing gauge meant. note, a programming peer-to-peer conversations tonight at 9:00 p.m. eastern. -- will bebe's speaking with paul singer, to discuss his concerns for the economy. do not miss that interview. joe: coming up, what you need to know for tomorrow's trading day. this is bloomberg. ♪ ♪ scarlet: "what'd you miss?" record highs for u.s. stocks after the fed basically nothing. relatively soon at the start of its al

. >>> this should probably come as no surprise mark zuckerberg's net worth is soaring. >> leaving usechless. a look at how the executive is sharing his wealth. >>> kirk cousins and the redskins face a major deadline in just about four or five >>> sarah auer the pool where she spent so much time has been renamed in her honor. she was a switch coach and on her way to the pool when she died. family and friends say her influence will never be forgotten. >> we built or spirits, she motivated us to be stronger and better than we are. >> she would be overwhelmed and probably%ed like why are you making this fuss about me? >> since young swimmer have received scholarships in her name. >>> wildfires in canada are forcing people out of their homes. we know that 37 this is in the western part of the provex. dry weather and the landscape are making those fires difficult. crews say they could be dealing with those for months. >>> we're following a developing story in arizona, where crews are still looking for the man missing in a flash flood that shocked his fame and swept some of the those away.

elon musk and mark zuckerberg sparring over ai. >> zuckerberg telling facebook users it's irresponsible tech billionaires feuding online. >> feuding about the big ideas of the future. thanks for joining us. i'm christine romans. >> i'm dave briggs. despite republican efforts to repeal and replace obamacare, what happens should be intriguing. "new day" starts right now. >> the president is ready with his pen. >> we had two republicans that went against us. it's very, very sad for them. >> i can say there's nobody in the united states senator wise who has a dclue what's going on. >> we're getting nothing done. >> i'm very disappointed with the attorney general, but we will see what happens. time will tell. time will tell. >> you get the loyalty you give in life. >> loyalty is a one way street with donald trump. >> they need to work this thing out. >> this is about rule of law, not the rule of trump. >> this is

mark zuckerberg is known for long-term bets and long-term thinking.m sure in his mind, there is no fundamental disappointment so far. he believes social will be virtual. in other words, we will be interacting facebook-esque in virtual spaces. they have been demonstrating that in their conferences. he knows it is inevitable. he knows somebody will do it, therefore he thinks facebook has to do it. there are unlimited resources within facebook for making this work. bringing in hugo barra was a huge step forward. to have someone of that quality shows facebook is becoming and other diversified tech conglomerate. emily: mark, how does this oculus headset compared to compare to to -- other options on the market, which have been out there longer? mark: there are a few options, there is the samsung. you have to plug the galaxy smartphone into it, and it is cheap. the rift is $400 but does not show the price of a gaming pc it needs to connect to in order to stream the games. there are cheaper players for under $100. there is the daydream of vr from google, you

great and those who tend to be the founding ceo mike seattle or bill gates howard schultz or mark zuckerberg they make their money on the stockholders but so do their shareholders. so i'm like who i am talking about a the shareholders are getting a great deal but that concept that ceos like myself, the average fortune 500 works for pooley 56 years said his job so how many jobs will you really create? also that fortune 500 as a whole that job creation happened that the small start at the fortune 500 companies so the idea that somehow their job creators i take that back. the art auctioneers. >> you are very modest to dave you were better at it. >> to be in the right place at the right time avoid the wrong place. then be lucky but i do want to get back some talk about the damage to you think the have heard lots of arguments about what is damaging the economy and a disproportionate amount of money going to the top. as the excessive ceo pay starting the economy. >> but on that side and those of tens of millions of dollars. but other than that the effects of employee morale broke making five the t

income is gaining in popularity around the globe, even winning the endorsement of facebook‘s mark zuckerberg looming, a newlyformed political party is arguing prosperous germany should introduce the policy as well. 2596 of workers are working in this sector. basic income would help them a lot, along with society. there is a lot of stigma around poor people which could be resolved. we would foster solidarity in society. valerie has managed to find employment as an interior designer. his dad has learnt german and works locally as well. by the time he grows up, the experiment of his childhood might just become policy. bbc news. 0ther other news now. tesla has added two independent directors to its board, including the boss of 21st century fox, james murdoch. the appointments increase the board size at the electric car and storage company to nine. the move comes amid criticism by some shareholders of a lack of independence on tesla's board. some investors believe that too many of the company's board members have personal or professional ties to boss elon musk. bnp paribas is the latest in a long

13 which she's old enough to have one. >> reporter: no special treatment for the daughter of mark zuckerberg. >> cannexactly. she'll have to follow the rules. >> i guess she'll have to wait to get a cell phone as well. zuckerberg also showing photos of his visit to montana, part of his personal challenge to travel 33 states that he's never visited. that road trip has fueled speculation about a possible future for zuckerberg in politics, but mark has said he's not running for president. >> sometimes a summer road trip is just a summer road trip. >> seeing great parts of america. >>> we're tracking your week's forecast. it's looking better. >> it's looking better as those temperatures are coming down. as we take a live look inside fremont, bright and sunny, but it will still be a very warm day, reaching the upper 80s by early afternoon but cooling off nicely later on this evening. we'll talk more about cooling temperatures in the forecast coming up next. >>> the phone bill just about doubled and she brokers a lower rate. but that new price doesn't stick. i'm consumer investigator chris gamora.

. >> bill gates, mark zuckerberg. >> all these guys we admire now, bill gates, mark zuckerberg, elonll gates. >> they wrote code. they solved -- they wrote logical problems. writing computer code is eakin to mathemic brain, bill, that you think is something we should all try to strive for? >> just in solving problems, by thinking rationally about problems enables you to get better answers than just relying on your insight. >> here's good example. the health care debate. that's all this fascinating science going on about reducing health care costs, whether it's using app, preventive medicine. and that's not anywhere in the political discussion in washington. >> one thing i talk about in the book is the upside down pyramid of design. what happens changes everything. the health care debate, as a citizen, we're looking at two different views. one is let's provide health care to as many people as we can afford. the other is let ee proes provide health care to everyone. it's almost the same but not quite the same. so if you start with those two different ideas, you're going have a lot of t

will mark zuckerberg deliver? we'll bring you the numbers the moment they come out. david: back to the market records. nicole petallides on the floor of the new york stock exchange. nicole, we haven't always had the dow go along, now the dow setting the pace. >> reporter: right, we haven't seen that since the 14th of july. this is great news here. you're getting not tired of winning. you're right, absolutely right now, we are to the upside. off 96 points at the closing best. record high for the dow jones industrial average. boeing, thank you, boeing, adding 112 positive dow points. that was a winner. the s&p 500, another record there, off almost 16% since election day in the nasdaq again. the nasdaq showing up how great it's done, 24% since election day. amazon new all-time high for amazon. remember when it crossed 1,000, now at 1053. up 40% this year. they want to hire another 130,000 workers and so that's going to be across the nation in august. whole foods deal, which is likely to close the second half of the year, and amazon now worth $500 billion. this is half o

>> do you see him here >> i've got to pay attention on this show. >> sure he appreciates >>> mark zuckerberg and elon musk caught in a spat on twitter. in a facebook live broadcast, zuckerberg had this to say about musk tease dire warnings on artificial intelligence. >> with ai, especially, i'm really optimistic. and i think that people who are naysayers and kind of try to drum up these doomsday scenarios are -- i just don't understand it i think it's really negative and in some ways, i actually think it's pretty irresponsible. >> that was his barbecue in the background, by the way naturally, musk didn't take toon back in a tweet earlier today saying, "i have talked to mark about this his understanding of the subject is limited." fighting words zuckerberg hasn't responded to that tweet, but who do you think is right, dan? >> it's an easy one. this guy, zuckerberg, oversees a platform that couldn't figure out how to dispel fake news in the last year or so versus a guy who's basically trying to trade to create an electric car, trying to get us to mars, trying to get us from new york to washing

not seen the entire program, but has anyone been watching the throwdown between elan musk and mark zuckerbergis is while we've been on the air, basically >> no, right now 2:51 in the morning their time >> mark zuckerberg did a facebook live over the weekend where he was smoking bacon or briskit or something, and people were asking questions about a.i., and he made critical remarks without using elan musk's name. then elan musk said i have talked to mark about this, and his knowledge on the subject of a.i. is very limited well, just watch it spiral we will talk about that coming up right here on ""squawk box."" >> we look forward to that, and what you suggested might happen between yourselves >> that's a de-tease >> we look forward to that in eight minutes time >> u.s. futures. let's have a quick look. the nasdaq led the market higher yesterday and had another record close. it's down this morning because of those disappointing alphabet earnings that andrew just mentioned. the s&p and dow holding on to slight gains in the premarket. let's talk to director of global macroat fidelity investments

facebook ceo mark zuckerberg again praising universal basic income during his trip to alaska. i mean, come on. a state that pools oil revenues in order to out cash to residents. zuckerberg writing quote, it comes from conservative principles of smaller government rather than progressive principles of larger, safety nets. this shows basic income is a bipartisan idea. david: what? melissa: scott, i mean. they have lost their minds. >> depends, all those billions i guess he has, melissa gone to his head. he is welcome to share those with everybody he wants in alaska. here's the thing. basic income scares me for a lot of reasons. takes away incentivizing out there for small business, capital is lick society, creates dependency and need. governments love this, because it creates dependency, therefore control. that is what he is after here. that is what governments are after with all the welfare programs. that is where it gets scary. melissa: dan, once again proves my favorite point, that the left and the democrats is the party of super wealthy elite. people just like him. he is pus

mark zuckerberg said the future of facebook is a virtual reality experience.nger experience is there, that is where technology is going. when you think of the technology of content, entertainment, it makes the opportunity for a rich entertainment experience on a digital platform really interesting. when we had microsoft earnings last week, microsoft has done so well. we talked about their cloud business really kicking into gear. when we do amazon later this week we're going to talk about aws. irere is alphabet on the equivalent? what is the situation for alphabet? >> alphabet is one of the players along with amazon and microsoft. it is a source of their large capital investment. they will continue to invest in the cloud. snap, which recently became public, they have outsourced all of their cloud operations to alphabet. it is a capital-intensive business and a price of the business. most of these the players are going for market share. this is still a profitable business. amazon, there was services business has an operating product -- operating profit margin at

a war over words erupts between mark zuckerberg and elon musk. >>> we look at some of the ways to get relief from back pain. >>> it was a win of a forecast today but i am >>> some really troubling findings about cte, the debilitating brain disease that's been linked to football players that experience blows to the head. the largest study has some wondering what more needs to be done to keep players safe even at the high school level. abc 7 news reporter chris nguyen has more from san jose. >> reporter: at cherry park and san jose, a football work out for kids of all ages. >> new equipment, new studies and technology for protecting our kids which is every parent's goal. >> reporter: there's some concern over safety. a new report found cte, a debilitating brain disease that can cause memory loss in nearly 90% of the brains donated by football players who experience concussions and troubling symptoms before they died. the findings are dramatic but not entirely surprising. >> i think it is very concerning and it should be very concerning. hopefully help us talk more seriously about these

or mark zuckerberg, ceo of facebook? the answer after the break.ach drive a ford pickup, right? (in unison) russ, leland, gary: yes. gary: i have a ford f-150. michael: i've always been a ford guy. potsch: then i have a real treat for you today. michael: awesome. potsch: i'm going to show you a next generation pickup. michael: let's do this. potsch: this new truck now has a cornerstep built right into the bumper. gary: super cool. potsch: the bed is made of high-strength steel, which is less susceptible to punctures than aluminum. jim: aluminum is great for a lot of things, but maybe not the bed of a truck. potsch: and best of all, this new truck is actually- gary: (all laughing) oh my... potsch: the current chevy silverado. gary: i'm speechless. gary: this puts my ford truck to shame. james: i'll tell you, i might be a chevy guy now. (laughing) i am totally blind. and non-24 can make me show up too early... or too late. or make me feel like i'm not really "there." talk to your doctor, and call 844-234-2424. >> so which celebrity often includes thi

mark zuckerberg said he would like to move a little faster to make money from them.ook reported second-quarter sales that the analyst estimates , climbing 29 $.3 billion. >> were seen a lot of content engagement ship to mobile. our goal is to be a platform for content providers to find their audience and monetize. inoing some early investing extorting those systems. we think that kind of video is important, so we are making that investment. anna: let's get back to our guest here in london. will talk a little bit about your strategy. , awere talking about france good time to talk about what you make of france. he was saying france has no in terms of market reaction. how excited are you about what can be delivered in the french roast story? story -- the french roast -- the french growth story? kakou: france historically has been a difficult country to do reforms. it's interesting to see that a lot of it has been built in two markets when it comes to the euro. since then, one could argue the has is on match because it rallied quite significantly. data, theook at the mom

ceo mark zuckerberg says they'll roll out the adz slowly. >> we're learning which cars are stolen the motivate across the u.s. the national crime insurance bureau put together a list mm number one honda accord. number four the chevy pickup. camry runs up the top five. law enforcement says the steps are made easier people leaving cars running and unattended. >>> okay we're back in a moment with what's happening at the all-star game show you what the giants and a's representatives did. . ♪ ♪ isaac hou has mastered gravity defying moves to amaze his audience. great show. here you go. now he's added a new routine. making depositing a check seem so effortless. easy to use chase technology, for whatever you're trying to master. isaac, are you ready? yeah. chase. so you can. tonight. baseball )s all- star game w/ a little south id >>> okay the stars are shining in miami tonight. baseball all-star game was a little south florida flair. >> your hometown. >> yes. >> in years past we had a bunch of giants and a's in the game. a's star yornd orlando. buster posey make his fifth all-star game appe

. >>> and why facebook founder mark zuckerberg has a few billion reasons to smile this morning. rst this, is "today" on nbc. my name is jamir dixon and i'm a locate and mark fieldman for pg&e. most people in the community recognize the blue trucks as pg&e. my truck is something new... it's an 811 truck. when you call 811, i come out to your house and i mark out our gas lines and our electric lines to make sure that you don't hit them when you're digging. 811 is a free service. i'm passionate about it because every time i go on the street i think about my own kids. they're the reason that i want to protect our community and our environment, and if me driving a that truck means that somebody gets to go home safer, then i'll drive it every day of the week. together, we're building a better california. >>> just ahead, roger federer's fan chats with him about winning wimbledon. >> we know who that is. >>> guess who else is here? william and kate were there for federer's big win. sorry, savannah. this morning, the royals are this morning, the royals are embarking on hey katy, i'm going

it's in dolores heights, probably not far from mark zuckerberg's home. by the way, it's listed $7 million but under $3 million is the real deal. >>> we'll take you back to pleasanton, a live look at the first wednesday street party going on. our consumer investigator, chris, is there. he has a booth and is there to take your consumer questions and concerns. he'll give you a bobblehead in return. >> our chief meteorologist jeff ranieri is also there. head on out, the weather is pleasant in pleasanton. nightly news is next with savannah guthrie. >> see you at 6:00. >>> tonight, the alarming escalation with north korea. the u.n. security council calls an emergency meeting over the new threat, a never-before-seen missile capable of hitting the u.s. tonight how the u.s. could respond as president trump prepares to meet with vladimir putin overseas. >>> deadly police ambush. an officer and mother of three killed in what police call an assassation. what was the motive? >>> selfie outrage. a congressman under fire for taking this video inside a former nazi gas c