in doing so, google has removed the ceo of nest. google acquired nest in 2014. according to reports, change came after complaints were received by employees about fawaz's leadership. eliminating one startup's challenges. concrete tips on how to cut problems off at the start. check us out on the radio. this is bloomberg. ♪ emily: google is not the only company at odds with the european union. airbnb is facing a regulatory crackdown from brussels. the platform has until the end of august to make its pricing more clear for users. it also has to clarify whether someone is a private or professional host. is helping finance a lawsuit from a host who is accusing city officials of retaliating against him for speaking out in support of home rentals. our next guest, elad gil, served as an advisor to airbnb, as well as a slew of other companies. he was vice president of twitter and helped launch google maps. he has just written a new called -- new book called "the high-growth handbook." thanks for joining us. preventedairbnb have some of these legal and regulatory issues at

the money is one thing. another.egulations are for google, is money the really big deal or is it the other things that google to comply with? >> the money is really a drop in the notion. it is a -- a drop in the ocean. it does not take a big chunk. question is, in these remedies, it will have to respond. potentially reduce its access to data if people start using alternative search engines, browsers. google'sssential to added business, allowing it to serve the kind of ad with matching interest and user browser behavior. one long time google rival is oracle, one of your clients. in the past, oracle has signed on to letters supporting eu actions against google. behindh has oracle been selling this antitrust backlash? this antitrust backlash? >> oracle has been involved in has the resources to pursue this. that they have been far from alone. other companies have been deeper involved. would is the don in particular that oracle has to pick with google -- what is the bone in particular that oracle has to pick with google? google has been able to commandeer a great majority of the data relating to individuals using

the eu says this keeps users within the google universe — to the detriment of other providers, while maintains that other alternatives are just a swipe away. last year, it paid a then record fine of $2.7 billion because the eu commission found it unfairly promoted its own online shopping tools and sites. suzanne rab is a barrister with serle court chambers and specialises in eu law. iimagined i imagined you are very busy person right now. if we look into who will in particular, give us more detail on what the european competition commission believes google is doing wrong. so, the commission believes that google is abusing its market power, and there are three main strands to its concerns. the first one is that google is requiring smartphone manufacturers to p rei nsta ll smartphone manufacturers to preinstall google search and google chrome if they want to take the place talk. the second is allegations around exclusive obligations, they are also requiring smartphone manufacturers to take the google search functionality. and then a third element to their concerns, also called on defra

it accounts for about forty percent of google's profits in the past a year but what really is said stake is that google is the enjoyed operating system controlled eighty percent of global smartphones and google is a data machine was there was google chrome on all of those smartphones with the search engines they collect a vast amount of data and they can use those data again for advertising so if the european union union could force it to google it to change those practices then it really would become problematic for google but always wall street obviously is not quite convinced that this is eventually good really going to happen because the stock of google or the mother company alpha bit didn't really move that much here in the winter session ok so investors are a bit skeptical it seems moving on u.s. the u.s. car industry is pushing back against import tariffs were they the ones in the car industry that trump wanted to protect. well but then again the us president also wanted to protect steel and aluminum makers and events on the other side increases costs for

let us talk a little bit about the cloud. googles in third place right now behind microsoft and amazon, but it is also rapidly growing territory. how much do you think the cloud in particular could supercharge alphabet growth going forward? >> before this earnings season, i talked to a couple of analysts , and one thing they were especially looking for, was not just expansion of the cloud revenue, but really to see more diversity out of alphabet's revenue. they were just completely reliant on the ad space. i think you are seeing that in these numbers. now are a few charts on the terminal that will make their way around, that show that in the past few quarters, add spending is dropping mildly but they are finding other ways to bring in more revenue and giving investors more to hang their hat on. i can tell you that a lot of investors sort of shrugged that off. not only because the dollar amount was not really that impactful for a company with the most 100 billion dollars in cash in their balance sheet, but also the fundamental change

the you once google to cough up three billion euros it's the biggest fine it's ever issued in an answer trust case so what's done wrong we've got all the details also coming up on this and calls the fulfillment centers but the start of feeling anything but fulfilled another day of strikes here in germany. this is your business update it's the highest ever penalty imposed for breaching e.u. antitrust rules the european commission handing google a multi billion euro fine for abusing its dominant market position with the mobile operating system android four point three billion euros that's the record fine google is facing after each regulators find it in breach of trust rule of the charges relate to google's android operating system used by phone makers including samsung and huawei e.u. officials say forcing manufacturers to preinstall apps like you tube and google maps in exchange for enabling the download of other android run ops amounts to unfair competition google maintains its within its rights to set preconditions for the use of its services competition authorities reject that argume

cloud, in particular the cloud. google is in third place behind microsoft, behind amazon, but it is growing territory. how much do you think the cloud in particular could supercharge alphabet going forward? season,e this earnings i spoke to a couple of analysts. one thing we are looking for is not just expansion of the cloud revenue, but really to see more diversity alphabet out of revenue and they weren't --diversity out of alphabet revenue and they were not on the ad reliant space. there are a couple charts on the terminal that will show over the quarters the reliance on ad spending is dropping mildly. they are finding other ways to bring in revenue and that is giving investors more to hang their hat on. a lot of people shrug that out because the dollar amount was not that impacts over a company with their balance sheet, but the fundamental changes are still esoteric and down the road. are investors coming into this earnings season fairly confident we will get an earnings beat. we saw that not only in the shares. we have

has a has a view on this that the google was abusing its market position. id did we you the consumer suffer as a result of this supposed. market abuse well that's difficult to tell really because it's unknown hypothetical we don't know what's sort of rivals myself been able to come up and really challenge google in these particular services if they hadn't been shut out by its competitor practices focus on three billion euro that's a lot of money explain to us where that where that figure came from and how much of a dent it's likely to make in google's deep deep pockets well the reason that the figure is so high the commission said is that the abuses have been going on since two thousand and eleven and also because they're very very serious they've shutouts huge companies from very very cool parts of the day to day computing lifecycle of us use mobile phones for most of our computing needs of sort of work certainly. in terms of how much this will hurt google it's a lot of money certainly and dollars five billion dollars just of but the more important thing is

not allowing them to install any browsers on the devices. googledone that practice since 2014 but the antitrust lawyers in europe say you can't do it anymore at all now even if you have stopped. they also want to stop google from deterring manufacturers from being able to install alternate versions of android on the phones. right now google is the sole approver of what kind of version android operating system can run on phones. 80% of the phones worldwide.>> last year the eu hit google with a fine, this is the second time consecutively but this is all about their anti- competitive practices, some are saying that they are not considering apple as a competitor. do you agree?>> in some cases if you think about it, google's narrative is this. we created this amazing platform for us to put an operating system on phones all over the world that can do these amazing things and give it away for free. the only thing we want in exchange for our $11 billion investment in this operating system is that you put these apps on the phone along with the operating sys

i think this is the key question of how google reacts. feel they have done the economy and the industry a favor rather than then a curse. -- than been a curse. emily: google now has 90 days to end their illegal conduct. now, illegal conduct. appeal aside, what has been the reaction in brussels? caroline: yeah it has been one , of sort of a shrug of the shoulders. yes, it is an eye-popping fine and yes, they are going to have to change their business model, but is it too little too late? i think some people feel it has been two years in the making since it was first shown a light on by the e.u. they feel perhaps that google has more than 90% in terms of market share for search. really, can this change matters now? i think notably, perhaps even if the fine is eye-popping, it is not able to rectify the competitive landscape. i caught up with one company that was affected by the previous fine and the previous ruling on google's shopping. this is the ceo of staples and he is saying, maybe we need to go even further in terms of the way google ha

let's go into the bloomberg one more time. this is google versus the faang s. reallyetflix earnings did disappoint last week, investors have really been looking for alphabet to give a push.up of stocks in purple here -- we have netflix and red, amazon, facebook, google, and apple have really lagged netflix and amazon. amazon the next stock expected to deliver a big push. , thank you so much. su keenan with a wrap up of wall street overnight. >> president says the u.s. no longer accepts of bad trade deals because "the era of economic surrender is over." house,g at the white uses the u.s. has been taking advantage of for too long. this is two days before a senior eu delegation arrives for trade talks. the president has led to with allies and opponents across the world. theresa may says that top diplomats are preparing for a new deal on brexit. talks have stalled. heartland toe silver plan for keeping close ties with the single market. meanwhile, jeremy hunt said that britain will step back. >> there is no a very real risk .f a brexit no deal by accident and this i

i was the highest ever penalty imposed for breaching e.u. anti trust google has been fined billions of euros for abusing its dominant market position with its droid operating system it's the world's most used a smartphone operating system running on about eighty percent of the world's mobile devices the company says it will appeal four point three billion euros that's the record fine google is facing after each new regulation was founded in breach of trust rules the charges relate to google's android operating system used by phone makers including samsung and walk away e.u. officials say forcing money factories to pre-install apps like you tube and google maps in exchange for enabling the download of other point run ops unfair competition google maintains it's within its rights to set preconditions for the use of its services competition authorities reject that argument again using the company of marginalizing its rivals. in this way google has used android as a vehicle to cement its stomach ends as a search engine. these practices they have tonight rivals a

searches often bring up inferior results for customers the company writes ultimately googlestrategy of abusing its dominant position in smartphones is about protecting its dominance in search explains in local search customer wealth is being diminished denying customers the best results from the entire web. duck duck go a search company that focuses on previously tweeted we welcome the e.u. cracking down on google's anticompetitive search behavior we have felt its effect for many years and led directly to us having less market share on home mobile generally. well let's look into this further with david mayo he's a technology journalist with connected rights online newsletter welcome to d w so you may be on the people watching how does this ruling if it stands how does it affects all of us who have mobile devices will those of us who have android devices may in future find that they don't come pre-installed with google's search and with google's chrome browser they might come with rivals and that that that is the core of this case that google was unfairly advantage in its own

, the consumer goes with google. d with search. nobody uses bing. >> one of the take aways is the degree the investments are starting to pay off. talks about early stages of mondayitization, youtube, clouds and maps and the mondaopoly, is it worthi for the innovation we get in five or ten years? >> that's the argument you need big companies who now have replaced government in terms of r&d the question is we don't know what we're missing because we don't know what other companies would have been started but can't get funding. try to pitch a search company to venture capitalists, it won't happen jon, your comment, if they change their behavior. let me ask another question. if you're google and fined $5 billion and that day the stock goes up, do you change your behavior do you change? >> it is threat of 5% of revenue per day of violationgoing forward i think that perhaps gets them to the table, more than $5 billion, one time hit. that could be a cost of doing business. >> that's a great point. the argument i would make i

or the view is that google paid inducements to mobile phone network operators to mobile phone manufacturers to actually preload their android system and to minimize the chance that you as a consumer or user would ever use a rival system so in a way the problem is that we are locked into the google ecosystem or that's the view of the commissioner who lobbied to find today and ultimately it's about choice so the consumer is now more skeptical partly thanks to the facebook cambridge analytical story about how people are using data affecting their choice and generally a perception of manipulation what do you think the e.u. is now going to want to google to do further down the line well i think a couple of things firstly they're going to have to offer choice to the consumer now can you choose your operating system on a on a mobile phone is that technology even available for the consumer to choose. certainly the you know users can choose their search engine and i wouldn't be at all surprised if we're now going to be asked as microsoft did with p. in the p.c. realm on a on a mob

what's been the reaction to the google find in the u.s. . five million billion dollars that's the amount in dollar terms that is a lot of money but it is not life threatening to google it accounts for about forty percent of google's profits in the past a year but what really is said stake is that google was the enjoyed operating system controlled eighty percent of global smartphones and google is a data machine was there. on all of those smartphones with the search engines they collect a vast amount of data and they can use those data again for advertising so if the european union union could force it to google it to change those practices then it really would become problematic for google but always wall street obviously is not quite convinced that this is eventually good really going to happen because the stock of google or the mother company alpha bit didn't really move that much here in the winter session i guess are investors a bit skeptical it seems moving on u.s. the u.s. car industry is pushing back against import tariffs were they t

the eu says this keeps users within the google universe to the detriment of other providers 7 while googlens that alternatives are just a away. last year, google paid a then record fine of $2.7bn because the eu commission found that it unfairly promoted its own online shopping tools and sites. our technology correspondent rory cellan—jones is with me now... what is the european commission's point7 what is the european commission's point? this is all about the control that google exercises over this android operating system and the european commission's view of how far it has gone from the original content. google originally touted android as completely open source, do what you want with it, it's free, we don't care. over the years, it has got more and more tied down. they want to impose limits, partly to make it safer and more usable, they say. but there are things like making a manufacturer having to use google search on the phone and you have to take a bunch of other google apps too. they also incentivise manufacturers to promote google search above other search engines by giving them mo

. >> the internet is abuzz with word google is looking to expand into the cell phoney have heard also that yesterday we made an interesting announcement about a little phone. so i thought i'd just show that. >> a year later google unveils the android phone, which was google's attempt to capitalize on the success of apple's formula. >> the very first one comes out next week from t-mobile, and it's called -- ah, ah, ah, the t-mobile g-1. so what's it like? well, it's like the iphone. >> they had striking similarities in terms of both use a touch interface. both had a big wide screen on the front there. both had google maps. both had a way to download apps that worked very similarly and some of the apps were the same. >> google hopes it will take over the whole mobile market just as it has done the internet. >> given their relationship steve jobs felt he had been betrayed by google. >> you're on the board of apple. any tension on the board around the fact you guys are starting to get in each other's business? >> as a board member at apple eric schmidt was privy to meetin

what has been the reaction to the google fine in the u.s.?ens: $5 billion, so that is the amount in dollars terms. that is a lot of money, but not life-threatening to google. it accounts for about 40% of google's profit in the past year. what really is at stake is that google with the android operating system controls a good 80% of global smartphones. in google is a datum is seen -- is a data machine. they collect a vast amount of data and they can use that data for advertising. so if the european union could force google to change those practices, then really would become problematic for google. wall street is obvious he not quite convinced this is really going to happen, because the stock of mother company alphabet did not really move much in the wednesday session. daniel: moving on, the u.s. car industry is pushing back against import tariffs. aren't they the ones that trump wanted to protect? jens: well, then again the u.s. president also wanted t to prott steel and aluminum makers, and that increases costs for the car industry. not just

competitors say yet those of the two camps right now on social media google's competitors obviously they welcome this decision they think it's the right one and we can start by showing you actually the response from yelp the company has been a big critic of google in the past and so they praised the move in this blog post saying that the e.u. commissioner has removed the straight jacket that google has placed on innovation with android and adding this google decision to ignore its meritocratic processes in favor of their own content causes direct measurable consumer harm speaking of alternatives duck duck go is a smaller search engine is very privacy oriented they also came out today in favor of this decision and the company to we did we welcome the e.u. cracking down on google's anti-competitive search behavior we have felt its effects firsthand for many years and it has led to us directly having less market share on android vs i o s and on mobile in general in fact the company went on to cite a couple of examples of how google has affected his business it poi

the e.u. couldn't go much further couldn't they. because they could i mean they are and they will if google doesn't capitulate on this one the best the. threatening that if google doesn't. mend its ways and make amends within ninety days there will be further penalty payments. imposed over and above the approximate five billion dollar fine that she's announcing in brussels right now i mean the background to it is you as you hinted at there is google in the e.u. is opinion abusing its dominance in the smartphone market and imposing unfair conditions on smartphone manufacturers in relation to the google search engine google play store which is where you go to download your android apps and also the chrome. internet operating its google bundles all those together it insists that they are pre-installed on android devices and it really doesn't allow access to those that would like to use what's called forked versions of android that is versions that you can strip out some of the google elements customize it yourself google all the publishers some of the android when it gives a new version of android it gives some open source code it doesn

eu,cord fine from the google facing. rgan stanley delivering. 30 minutes away from the opening bell. futures dead flat into the cash open, fx market, $. euro-dollar down. bid, 285 on the u.s. 10 year. semiannual testimony before congress, planning to stay the course on the rate hike plan for now. >> for now, the best way forward is to keep gra

of his search engine, not giving rivals to compete on the merits. and google disagrees and said it increases the competition. and the company will appeal. and the fine accounts for 40% of its profit last year. >> this is the heart of google's mission t leads to better products and better prices and helps us to bring the power of computing to more people all over the world. return and the european commission slapped them with a $2.7 billion fine last year for minipulating the search results on the browser. google is still appealing that judgment. so the appeals process for today's decision, the $5 billion fine, is expected to drag on for months, possibly even years. >>> let's take a look at the big board and check wall street. the dow jones industrial average right now is in the green, up a little more than 35 points. and google at last check, which traded on the nasdaq, it is down a quarter of a percent. we'll keep an eye on the trading and google all morning long. >>> six berkley police officers were fired as they were found often sleeping on a couch in a cam

google yesterday. cheryl: shares of alphabet, the parent company of google. earnings from the company soaring despite a record antitrust fine for the e.u. that actually happened just last week. alphabets adjusted profit crushing analysts is out to easily the expectation. traffic acquisition costs of google base to drive users actually came in lower than expected. all good news pictures of alphabet higher and the premarket after an all-time high in extended trading. more reaction to these numbers later on in the show. gerri: president trump welcoming american business owners to the white house for the second annual native american showcase. the event designed to display and celebrate products made right here in the u.s.a. cheryl: hillary bond with the details from the white house. >> good morning cheryl and gerri. all 50 states looking at a roster of american-made products. >> we have snow boots from colorado, cowboy boots from texas, baseball bats from pennsylvania, and at 35 stealth fighter outside its beautiful. i know it didn't land on the south lawn. trade

the company says that ends up with a great deal for phone users. googles within 90 days if it is not to face bigger penalties. but it is appealing against the ruling. a spokesperson said... with the us and europe already locking horns over trade, the google ruling provides another source of conflict. i don't think trade negotiations are going to be helped by this measure. the biggest losers, however, are going to be european users of smartphones and consumers, because google has already hinted at the prospect of changing its practices, maybe charging for some services it didn't charge for before. google and other american tech giants insist they are good for consumers. but the eu is determined to curb what it sees as their abuse of their dominance. rory cellan—jones, bbc news. stay with us on bbc news. still to come: up, up, and away. why you can now buy your very own jetpack, as long as you have deep pockets. the flamboyant italian fashion designer gianni versace has been shot dead in florida. the multimillionaire was gunned down outside his home in the

the company says that ends up with a great deal for phone users. googlen 90 days if it is not to face bigger penalties. but it is appealing against the ruling. a spokesperson said, "android has created more choice for everyone, not less. a vibrant ecosystem, rapid innovation and lower prices are classic hallmarks of robust competition." with the us and europe already locking horns over trade, the google ruling provides another source of conflict. i don't think trade negotiations are going to be helped by this measure. the biggest losers, however, are going to be european users of smartphones and consumers, because google has already hinted at the prospect of changing its practices, maybe charging for some services it didn't charge for before. google and other american tech giants insist they are good for consumers. but the eu is determined to curb what it sees as their abuse of their dominance. rory cellan—jones, bbc news. now a look at some of the day's other stories. detectives investigating the grenfell tower fire that killed 72 people have carried out

the eu has a different view. googlehas engaged in illegal practices to cement its dominant market position in internet search. google‘s android operating system runs on three quarters of europe's mobile phones. it is free for phone makers, but the eu says that google applies conditions which promote its own interests at the expense of rivals. there are three complaints — that phone makers must preinstall google search in cut if they want to use the app store. they are paid to promote google search by installing it and not other search engines. and that they are effectively banned from creating alternative versions of android. as a matter of principle we could ourselves look up another search engine, but only 1% of us who has a android phone says, "oh, i do something else." 99%, if the search is on your phone, this is what you use. the fact that google has so much control over what happens on so many phones not only gives it a lot of power, it gives it a lot of money, because it collect vast amounts of data that enables

the early watch of a drug run down the walls we'll bring you the latest from tyler also on the program . google helped with a record four point three billion euro find the european union says the online search giant breached competition rules with his android operating system for smartphones and tablets. you are. welcome to the program the twelve boys who spent more than two weeks trapped in a flooded cave system have been speaking about their ordeal after a rescue they described as miraculous the wild boars football team spent the last week recovering in hospital today they face the world's press. the long awaited moment finally comes parapet is home. a huge relief for his family. he's one of the twelve boys from the wildhorse a football team that beat all the odds their opponents nature and time. passed the boys made their first appearance since the rescue early on wednesday they showed little sign of having spent over two weeks trapped in a flood a cave with just one flashlight and nothing to eat the boys say they tried to take their way out and avoid thinking about food until the rescue div

google, alphabet -- or i should say alphabet, the parent company of google will be perhaps the main targetther companies on the list we'll talk about verizon this morning. we have harley davidson. we have a lot of earnings to get to then we will preview at&t as well that will be an interesting one. this will be the last quarter effectively before we get the time warner numbers combined >> can we call it game of phones >> game of phones rather than "game of thrones." that was quick so yes >> i have been up for like four hours already. andrew, thank you. >> that's all we got see you in a bit >>> oil in focus tensions rising between the u.s. and iran joining us now is helema croft from rbc capital markets, cnbc contributor and a birthday girl. happy birthday >> thank you >> all the best people born in july >> thank you >>> a more serious topic is iran we have the strait of hormuz, this beautiful graphic oil not moving, and that surprises me a bit does that surprise you >> i don't think people perceive how serious the threat is in terms of iran and the trump administration there's a view out t

with a 2.7 2.(700) 000-0000 fine last year for manipulating the search results. google is still appealing the judgment. the appeals process for today's decision on the $5 billion fine is expectd to drag on possibly for years. >>> a quarter million students enrolled in the university of california system will be watching a two day meeting of the board of regions. the regions are poised to vote on a spending plan that cuts tuition for the first time in 20 years. >> this two day meeting here at ucf mission campus. tomorrow the uc regions should vote on a payment plan which could kru a tuition decrease for students. that is $60 for the upcoming academic school year. that money was a surcharge to help pay for legal bills, now costs have been recouped. for students who have been lobbying for tuition cuts, this small possible decrease is more than just a number. . >> to me it's great for someone who advocated a lot. by going on trips and giving public comments, it does feel nice to feel like it's paying off and in the future if we want to see more than $60 obviously but it's a

the former head of google worked the former head of google basically worked with hillary clinton's campaign. they were supportive of those values. so i think it is not just an issue of how much their platform should do. also the fact that the algorithms are being created by the engineers employed by these companies. these are human beings koreaing the algorithms, and they make mistakes. was a google image search returned the image of an ape. there were issues of race and sex with how they were doing their development in terms of image search. so they try to correct those. actually speaking to jobs, i tell my kids like what you should be when you grow up is an auditor of along riths. we need people who are -- of algorithming they judge not just what your google search returns are but whether or not you get parole. algorithms decide more and more things like that. what your credit rating is, hether you qualify for a mortgage. algorithms are involved in more and more of our public lives. those jobs are important. when you speem to groups like twitter and google. should have a healthy skepticis

the company says that ends up with a great deal for phone users. googlewithin 90 days if it is not to face bigger penalties. but it is appealing against the ruling. a spokesperson said, "android has created more choice for everyone, not less. a vibrant ecosystem, rapid innovation and lower prices are classic hallmarks of robust competition." with the us and europe already locking horns over trade, the google ruling provides another source of conflict. i don't think trade negotiations are going to be helped by this measure. the biggest losers, however, are going to be european users of smartphones and consumers, because google has already hinted at the prospect of changing its practices, maybe charging for some services it didn't charge for before. google and other american tech giants insist they are good for consumers. but the eu is determined to curb what it sees as their abuse of their dominance. rory cellan—jones, bbc news. you're watching newsday on the bbc. still to come on the programme: we'll hear from the scientist who's warning that warmer water

we will be watching in the next few hours. up, google is facing e.u.er showdown with the this time over control over the android platform. that is up next, this is bloomberg. emily: google is facing another showdown with the eu. this time over the company's control over the android mobile operating system. the european commission is expected to announce an top rust fine which could million. google was fined last year. more significantly, it could be any order from the eu freeing up manufacturers to choose non-google apps to install on android phones. >> when you buy a small -- from samsung or sony, you're also getting the android operating system. google gives the android platform to the manufacturers for free. they come preloaded with google services. android runs on 77% of the world's smart phones. the european union says google is stifling competition and hurting the development of android applications. the idea is to use a stick with the default often. and may be less likely to seek out other products like -- from companies like micr

the company says that ends up with great deal for phone users. google must pay a fine and change its way in 90 days if it is not to face bigger penalties. but it is appealing the ruling. a spokespers says that android has created more choice for everyone, not less -- a vibrant ecosystem, rapidat innn, and low prices are classic hallmarks of robust competition. with the u.s. and europe locking horns over trade, the google ruling provides another source of conflict. >> i don't think trade negotiations are going to belp by this measure. the biggest losers will be european users of smartphonesd nsumers. google has hinted at charging for services it did not charge for before. , ry: google insists they are good for consumet the eu is determined to curb their -- what it sees as their abuse of their domance. rory cellan-jones, bbc news. laura: you are watching "bbc world news america." still to come on tonight's program, remembering nelson mandela when hundred -- 100 years after his birth. we look at why the south african leader's legacy is more complicated tha

adam: the fed has been worried about president -- tariffs and t trump lashing out on google and operatingtem. president trump tweeted, i told you so, the european union slapped fine at one of our great companies, google. president trump accused eu on engaging unfair practices and threatened to impose tariffs. gerri: people don't criticize the fed but the eu. those proposed car tariffs, drawing heavy criticism as a hearing in washington. adam: we will get more on that part of the story from edward lawrence. >> the congress department received 2300 comments about not imposing up to 25% tariffs on auto parts and automobiles being imported into the united states, the commerce, the vast majority of those to department was against imposing tariffs. they drove their cars made in the united states around the commerce department and capital, car companies say price of a car made here would increase by $2,000 if the tariffs go into effect, the car of imported car would go up to $6,000. insurance companies say rates will increase 2.7% because the cost of parts would be more, more to repair the car a

revealed that google has this project, a lot of the employees of google, thousands actually, wrote a letter and say we don't work for defense department. we are not in the business of making weapons. of course i think has every right to have defense contracts. i have no problem with that. best they have the technology and this contract was artificial intelligence to improve our technologies.ance i have no problem with that if that is going to keep us safer. do have a problem with is f you look back at how nuclear weapons were developed and devised and the way scientists in and coordinated with the department there were constantly conversations about because we can do something should we. however do we want to -- how far want to take our power and those are just starting to appen because of the exposure of these companies to this sort of criticism from their own others.es and on the political side i think we should be worried. append google have een credibly accused of unfairly treating conservative fairly privileging search results for candidates from the left and right. there are all

we talk about the consumer impact against google. ident trump tweets that tariffs are quote the greatest, meanwhile, dozens of business leaders travel to washington to argue that policy is cutting into profits. this is bloomberg. ♪ emily: space asked launched a batch of satellites for a long time customer early wednesday. the falcon nine rocket lifted off on the central california coast. this was the 14th mission of the year for the company. spacex is hoping to launch at least 30 rockets in 2018. at google are giving no sign that a costly regulatory crackdown will hurt profits. parent company alphabet posted second-quarter results that smashed wall street expectations. on the earnings call, the ceo suggested the company would not alter its android strategy. >> we will always take the constructive approach. will appeal the position and take due process available to us. but we are also looking forward to finding a solution that preserves the enormous benefits of android users and so on. there's more work to be done and i think it will b

and i think the main driver is the google cloud platform. morning star, we are thinking that the overall cloud space is probably going to grow at around 30%, 35% a year so all of that is pretty good news and then of course as your other guest stated, don't forget about youtube. there is a lot of growth potential in youtube sflp a >> and if we talk about the longer term risks, i guess they would be regulatory restrictions, but also the potential for advertising market share loss to the likes of amazon or even the speakers alexa type platforms i would imagine nothing this these numbers gives you a reason to think that those threats are imminent >> from the data, it didn't seem like there a specific issue this particular quarter when we think about the longer term trends here, this is a shift from offline to lionline so if they deliver value, we think there is a significant runway given how strategic they are coming to both sides so certainly risks we wouldn't discount any of that but if the company continues to invest, to innovate and demonstra