emily: alex barinka and eric, thank you much.ith cashless retail on the rise, tech is changing the future of money. one company months to make sure you managed well. how it is using technology to improve our relationship with money, next. "bloomberg technology" is livestreaming on twitter. check us out @technology, and be sure to follow our global news network, @tictoc, on twitter. this is bloomberg. ♪ @tictoc, on twitter. this is bloomberg. ♪ emily: bloomberg's sooner than you think conference brings together investors who technologies are changing the world. ai, techless retail to is affecting our money for the better or worse. one finance company is betting they can improve this relationship. wealthoffers a management services providing everything from student loans, refinancing, to mba loans. caroline sat down to discuss. >> our mission is to help people achieve financial independence and realize it their ambitions. it is about having enough money to do it you want. in order to do that, we have to help people get their money

vonnie: joining us now is bloomberg tech m and a reporter alex barinka.will help ibm in the hybrid and private cloud. what does it mean for competitors? alix: it means they will have to count them as a competitor. it is interesting to hear them saying that this is the inflection point. a lot of people who say -- they will say that is behind. this perhaps is giving them a big bet on this idea of hybrid where a company has a lot of they ip on premises are want to run it in the cloud. red hat can help them bridge that. i think this will actually bring ibm up in the serious conversations going against the likes of amazon or microsoft azure which have ruled the day in the cloud wars. vonnie: growing concern about data privacy too. it seems to be a better time to be doing this. will it actually impact their business? will he give them more business because now we are concerned about data privacy? alex: potentially yes. ibm is known as the hardware. those are the big or horses that are in the data centers. a lot of companies like a bank or pharmaceutical company

emily: that was alex barinka with the ceo of upwork. coming up, the top story of the day.'s big hardware hack. bloomberg reports a chinese military unit manufactured chips embedded in servers of almost 30 u.s. companies. more ahead. plus, jessica powell may have headed google communications, but she wants to make sure her new book isn't a tell-all about the search giant. she has a new satirical look at silicon valley. that is next. this is bloomberg. ♪ comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. emily: this is "bloomberg technology" and i'm emily chang. amazon and apple. chinese hackers and put trading data servers of dozens of american companies, including apple.and