emily: when do you think blockchain will go mainstream?well, in some ways, we are already here, facebook is making a cryptocurrency. but at least in the next five years, you will see real products that actually touch the end consumer in a way that before, people have been seeing, when we have blockchain, we will in the next three years, you will start seeing people using applications backed by blockchain and they will not even know it. emily: will facebook users use the cryptocurrency? that is the question. thank you, monica. how alibaba plans to raise billions is next. and can nio be the tesla of china? this is bloomberg. ♪ emily: this is "bloomberg technology." let's return quickly to our top story -- broadcom cutting its full-year forecast. the ceo said huawei business was worth $9 billion last year. million last year. >> with respect to semiconductors, it is clear that the u.n.-china trade conflict, u.s.-china trade conflict, including the huawei export ban is creating economic and political uncertainty and reducing visibility for glob

develop a blockchain network for the u.s.e idea, to help the fda protect consumers from contaminated or even harmful drugs. walmart is one of many companies embracing the blockchain trend. both microsoft and salesforce have introduced their own sales services in the last month -- their own services in the last month. monica, thank you so much for joining us, how will this fda project work? >> this is part of a larger trend. large corporations finally starting to embrace blockchain. this partnership is interesting because blockchain allows you to have data that can be tracked to a very finely grained degree and you know people can go back and change it. that is the nature of what blockchain means, when information put into a block, it is immutable and you can go back and change it. this idea is that you can track to of when drugs have been created at the source and then each way along the path through the supply chain, you know that when you go into a store and you pick up your prescription, that you can trust that it's been v

all things blockchain and crypto next.. ♪ vonnie: crypto security startup firebox announced it raised $60 million in series a fund. transferny which helps exchanges has one high-profile customer. genesis trading. digital currency droop is the most active investor in the blockchain and bitcoin industry, backing more than 140 companies in 30 countries around the world. joining us to discuss all things blockchain is digital currency group founder and ceo larry silvers. i have to wonder, almost a cheap bet to put some money into the next crypto or the next blockchain company? after all, one or two or several will be winners, right? larry: we think so. having invested in 140 companies around the world, we are spreading our bets. vonnie: why is that? are they not very obviously distinct jewel from one another -- distinguishable from one another? 140 companies is not being spread thin. that is being spread wide. barry: our strategy is working on investing in the asset class investing in bitcoin and other digital assets. our inves

on top of the blockchain.on't need to be a member of the association to build a wallet on top of this new network. we will have a lot of competition for our own wallet area >> the wallet can be off-line. i can be something in which can hold my keys and coin on a computer or usb drive or a laptop that is disconnected from the network and nobody needs to know that i haven't area >> yes. >> what i be able to transfer those coins to a third party? would i be able to send you those coins the at the blockchain in a way that no entity whether it is facebook or the launching partners would know about? are we able to transact in a way that no third party is able to see it? >> third-party would be able to see it because it will validate transactions and even if you transact on your own on the blockchain the same way others -- noon, third parties one specific party can actually see transactions. the one thing i want to say is despite the fact that noncustodial wallets were you can manage your private key and move money a

each cryptocurrency has its different and unique blockchain.still the dominant leader in the field. it's 55 of the total market cap of cryptocurrency ecosystem. what is exciting and most uniquely differentiating about the bitcoin blockchain is its level of stability, security, and dependability. , is themean by that infrastructure ready for entrepreneurs and users? bitcoin has had 99% uptime over the past 10 years. we know that it is quite secure and that sets it apart from other protocols. finally, it is dependable. the value itn that offers to us is consistent. we know what to expect and how developers are prioritizing the maintenance and upgrades. investing inut companies within the cryptocurrency ecosystem. some companies have obviously done well like exchanges or direct on ramps. there are other companies that have envision u.s. cases for crypto that have not panned out. when you look at the companies that excite you in the space that could contribute positively to the ecosystem, what areas do you think are interesting? what is most import

we went the blockchain route because we will have, by the time we launch, 100 global organizations thatl participate in the governance. 27 organizations right now. we needed a way to decentralized governance because no one company should control a network that basically is a protocol for value on the internet. joe: one thing that people noted immediately is there's no one traditional bank like we know them. wase the approach door there a reason for their absence? david: i know you want to talk about the company's not here but i think we can take a moment and dies the remarkable organizations that are already joining us. reestablish, this is very early. 100 by thetions now, time we launch. by that time, i expect to see there.n to see other larger technology companies. geographicalto see distribution and the like. joe: let's talk about the structure of how the currency is used specifically. on anere to acquire libra exchange, what i be able to hold it in a wallet with my own keys like i can do with a currency like bitcoin. david: yes. we are starting with permissions launching on the note

he is cochair of the congressional blockchain caucus.ly want to talk about facebook's point. i bet a lot of people don't know there is a blockchain caucus in congress. what is your mission and why is this something you want to be part of? promotent to technology and integrity in the internet. that is what blockchain does. it is a ledger you cannot count on. -- you can count on. think of it as a way to ensure integrity in the internet. we need to be aggressive to make sure we are one of the dominant countries when it comes to governing and developing this technology. beencebook says they have trying to work with u.s. governments and governments across the world. how many conversations about their cryptocurrency have you had with them? >> we have one set up for later this week. the facebook team works with my staff quite a bit. whether it is privacy or cybersecurity or libra, the facebook coin, they've been pretty open about it. a lot of it is, getting the legislation right has been the real slow down. romaine: congressman, we talk about t

i'm nowjoined by dr garrick hileman, who's the head of research at blockchain. good morning.g. this announcement is expected today, and it is reported mastercard, visa, et cetera, a re it is reported mastercard, visa, et cetera, are jumping on it is reported mastercard, visa, et cetera, arejumping on the bandwagon. what do you make of this move? i think it is huge for crypto currency and blockchain technology, for a company as large as facebook with its billions of users to embrace this, it certainly is potentially a big threat to the existing financial services industry, and a lot of these, visa, mastercard, paypal, have been rumoured and we think are going to join this consortium, and joined facebook. so they will have the option of taking on board and e—wallet, and in that wallet you will have your digital coins, currency which you can buy and trade with. and one of the questions we are waiting to hear is where you can use this. uber is supposedly a partner, you can pay for your uber rides with this currency, but can i use it at apple? will some of their competitors embrac

i believer: blockchain has tremendous potential in the market. for market regulators and the reason i say that is because i was there in 2008 when financial market regulators had no better way of assessing the counterparty credit exposure of one large financial institution to another that by actually calling brokers that were broking credit default swaps to understand where the risk premium was, and in a sense, they were guessing at the global notional amount of exposure carried at the time of the crisis, it was believed that there is 400 billion in credit default swaps protection written against lehman brothers. we now know that the total exposure was less than 8 billion. 2008 -- and we would have known in 2008 if all the spots have been on a blockchain -- that the exposure of lehman brothers was 8 billion, the response of global regulators and market overseers could have been a very different response than that response that came. to the prospect that someday, we may know with precision exposure of one financial institution to another. we may b

blockchain wants to change that. enter fact, a digital platform that processes deals.it as a trade between two oil parties called shareholders. they have to sign onto the same terms and conditions, and share their market data which forms the backbone of the central ledger. now there is congo. a blockchain based platform that provides financing. 10 banks, three independent traders, and one oil major all signed up. the goal is to move financing onto the platform to avoid the inefficiencies of paper documents to limit operational risks and eliminate fraud. the buyer accesses financing on the platform or off-site. they hope to ride liquidity to get the right kind of financing. the benefits of being the first mover is unclear. all of this is new and hopes are very high. i recently caught up with her and i asked her how it was going. >> so far, so good. it is a huge challenge to change the way an old-age industry operates. alix: exactly. what are the biggest challenges? the companies themselves or the mechanics? where has been the hardest part? >> our biggest competitor is e

as well >> blockchain is much broader than just bitcoin.at you can change his mind about hbitcoin? >> i think that it is too much for us to change his mind on bitcoin in just a three hour lunch. but definitely we will offer him a different opinion on bitcoin and the blockchain technology. >> have you decided who you are inviting to this lunch >> we haven't decided yet. but definitely we have lots of the people represent the whole industry i have some people on the list, i haven't talked to them yet for example like founder of the light coin and also founder of binance and other mining leaders. >> obviously you are very respectful about this. not everyone in the industry is. is there any change that mr. butch at the time wou buffett would change your mind about things >> i don't think so. first of all, i like the value investment strategy. so even doing lots of the crypto stuff, but still i invest in a lot of the companies fitting in his strategy and also at the same time, because you know warren if you have buffett is 60 years orlando than

. >> we went to the blockchain about because, by design, we launched 100 different global organizationst will participate in the governance of this new network. 27 organizations. we need a way to decentralize governments does no one company should control a network that is basically a protocol for value on the internet. emily: still, lawmakers are calling for them -- the social network to stop developing until lawmakers weigh in. facebook coo sheryl sandberg says a lot of details need to be worked out and also spoke about the m and a strategy. >> if you see something that is targeted to you and you think it has violated your privacy to get there, it's really crazy and scary and a lot of people believe that. if you understand the truth, which is we have not given any individual information, but we have just taken that ad and shown it, all of a sudden, it is a better experience. we have to do a much better job explaining our business model and explaining why targeted advertising is so important to small businesses around the world so that people feel more comfortable because it is a great

growing blockchain hub is in asia. optimisticarkets are about trade talks today but what about tomorrow? we will talk to a former this is official, bloomberg. ♪ we are counting down to the sydney open. fromt some dovish comments a policy meeting that is likely to lower interest rates again. the aussie dollar fell. i'm in new york. >> on paul allen in sydney. you are watching bloomberg daybreak: australia. confirmation that president trump and xi jinping will meet next week start -- sparking fresh hope. what should we expect? >> thank you for having me. and in the skeptical pessimistic camp. six weeks ago, it appeared the both sides were heading towards a deal. then they were not. both sides presumably had reasons for pulling back. presumably domestic politics on both sides were a factor. subsequently, there was an escalation. there has been talk of technological wars. huawei. geostrategic competition. given that the situation has sidested, how can both calm the waters? how can they climb down? i think it is relatively

blockchain wants to change that. enter fact, a digital platform that processes deals.it as a trade between two oil parties called shareholders. they have to sign onto the same terms and conditions, and share their market data which forms the backbone of the central ledger. now there is congo. a blockchain based platform that provides financing. 10 banks, three independent traders, and one oil major all signed up. the goal is to move financing onto the platform to avoid the inefficiencies of paper documents to limit operational risks and eliminate fraud. the buyer accesses financing on the platform or off-site. they hope to ride liquidity to get the right kind of financing. the benefits of being the first mover is unclear. all of this is new and hopes are very high. i recently caught up with her and i asked her how it was going. >> so far, so good. it is a huge challenge to change the way an old-age industry operates. alix: exactly. what are the biggest challenges? the companies themselves or the mechanics? where has been the hardest part? >> our biggest competitor is e

government you could almost argue that a real bitcoin has more value generated through blockchain than -- what european currency do you want the euro draghi, as easy as he is they're all debasing their currency >> that's why they will peg it to these commodities >> there is an open source bitcoin technology that will be underlying this. so they're going to enable anyone to build a wallet like the calibra wallet to access this they're going to have places that pop up in emerging markets that have people come with cash and turn that cash into libra. but facebook says it does not expect its calibra wallet to be the only wallet. there will be many wallets around the world and you can choose any one to access libra, but calibra will be one of many wallets. >> are republicans money worth less or do conservatives do they get a discount at facebook is there any type of -- >> 70 cents for you. >> joe, i think all dollars will be worth the same in libra >> they'll find a way of continuing their bias against anyone on the right. >> julia -- >> same exchange rate. >> i hate to throw one more quest

sheila is a proponent of digital currencies overall he serves on the board of a blockchain company, and omniax i'm so glad you're here today. i have so many questions what do you think of libra >> well, i have a lot of questions. >> don't we all? >> yeah, so it's not dollar for dollar with the u.s. dollar. it's backed by a basket of different currencies how that exchange rate works is not clear. plus, what are they doing with the money? if i give them some dollars to buy libra, they're kind of being fuzzy about that in the white paper. well, it's going to be in government securities and banks and other investment grade investments, so what's that about? i think, you know, the strength of the collateral is something, another question i would have about it >> put your regulator hat on what's your first question >> that's my first question. >> okay. >> yeah, they're saying it's stable value it's money good. so are the investments behind it they have to do something with the money. it's like a money market fund, right? we had a problem like that during the crisis. they said it's money good

the actual investor is -- now they understand you can't separate blockchain and cryptocurrency now, afterement, if you're wait a minute, and a decentralize the cryptocurrency sit that's what i think is happening i think that it's helping education the difference >> sure, i get it. i didn't mean maybe so literally, but you get my point. i wonder if bitcoin would have had the crazy weekend it does. >> i have a question you have in the past talked about this asset class by a $10 trillion asset class get me there is that all bitcoin? or are we talking about multiple different assets that are going to emerge? >> to me there's two different asset classes. there's a store value/immediate union exchange, which would be a bitcoin on z-cash effectively lite coin, then the decentralized application, which would be ethereum, es on and more so look at gold, it's about 7, 8 trillion, that gets you to 10, right, over 15 years the second is significantly more complicated. essential you're looking at a decentralized internet essential all the privacy goes to the user. what that means, in the future when y

as you know well, there's been a lot of excitement about around what blockchain and crip toe can -- ando can mean for the industry. we haven't seen much beyond experimentation yet. we are the market leader because we have matured agressively and are solving real problems for real customers. moneygram is just the manifestation of that as the second largest global remitance company we're able to have a big impact with one customer and one partner in this emily: as i understand it, western union tested ripple but it ended up being more expensive than its current network. is moneygram saving money by using ripple? brad: what western union said, they've been around for decades they said in our beta time, the time the product hadn't launched they said we matched the efficient soif what they were already optimized my view is they'd spent decades getting to an efficiency we matched with a beta product, i was pleased that western union could come out and say we are already as good as their decades they had invested in building out that capability. with moneygram we know out of the gates we can m

dear tech, dear tech, dear tech, we're using ibm blockchain to help make sure food stays fresh.re exploring quantum to develop next geration energy. we're using ai to help create more accessible health care. nwe're uot to create new kinds of digital wallets. let's see some more headlines abouthat. let's expect more from technology. let's put smart to work. >>> we're back with a consumer alert. johnsonville sausage is recalling ready-to-eat sauce dama sausages because they may be tainted with plaic they have a best buy date of june 9th, 2019 >>> and purdue is recalling chicken products they may be con ta contaminated result. >>> leading the news, frightening moments in nitly this is anre aa visited to by rselves. but that piece was shattered in seconds. >> reporter: foulout from a panicked scene in venice seconds before a towering cruise shin barreled into this dock five ourgss were running away. dramatic video , shows it fast tlaug dock, with a spectacular thoroughfare >> these ships inside the e dangerous.'r and bigger and bigger. >> activists have beenemding collusion, and kro

dear tech, dear tech, dear tech, we're using ibm blockchain to help make sure food stays fresh.re exploring quantum to develop next generation energy. we're using ai to help create more accessible health care. we're using iot to create new kinds of digital wallets. let's see some more headlines about that. let's expect more from technology. let's put smart to work. >>> the second weekend of the french open, started with a shocking outset. in the hunt for a 24th grand slam title, serena w outplayed the 37-year-old superstars this is the earliestle that williams has to be knocked out in five years. she has yet to win a championship after having a baby in 2015. 14 police have arrested serena's the husband and girlfriend, that faced charges of entering prosecution. both are drew in court today jennier was inh your exhufrz husband. >>> the president wants patrick mi chief of star for that message. the acting white house chief of sts not unreasonable le> the king and the monsters rud the new box office come in and an on-stage mare restores heart rhythms, helps you back from strokes, a

the first to break cover and say we are going to break cover and say we are going to do this —— blockchain, because this is the future of how potentially money transaction and value is going to be used, and it is quite right that we will look at the risks. we need to understand what the opportunities are. it is a nice line to say it will open up money to people who don't have bank accounts, but there will be a lot more to it than that. it will be about safety, security, trust, banking systems, how they work, mortgages. the whole structure of financial institutions could change around this technology. we are nearly out of time and i want you to respond to the twitter comments we have had so far this morning, because you will get to vote on who the leader will be of the conservative party, and most of oui’ the conservative party, and most of our leaders of the briefing have said watching this debate last night iam no said watching this debate last night i am no clearer, they didn't really say anything. they were talking over each other, some have called it drivel. what is your response to th

it's clearly the dominant blockchain libra, the primary use will be speculation on financial assets,y the dollar is used to speculate on other assets the biggest thing is bitcoin is being bought >> i saved the best for last you have an incredible stat, even if you're out there as a cnbc viewer and you don't like bitcoin, you don't trust it, you don't understand it, whatever it is, if you had just put about 2% of your investment portfolio into bitcoin, how much greater would your returns have been in a diversified portfolio? >> that's the shocking thing a tiny allocation would have added 400 basis points to your total return that's the difference between an okay year and a great year for everybody, including a fund manager. so the good news is 10,000 is not the level that bitcoin should peak at i think people should think about the all-time highs and moving past those. >> wow incredible just 2% after your portfolio into bitcoin would have added another 4% to your total return this year. incredible stats tom lee, we'll let you get back to whatever you were doing thanks for joining us o

. >> we went to the blockchain about because, by design, we launched 100 different global organizationshat will participate in the governance of this new network. 27 organizations. we need a way to decentralize governance because no one company should control a network that is basically a protocol for value on the internet. emily: still, lawmakers are calling for the social network to stop developing libra immediately until lawmakers weigh in. facebook coo sheryl sandberg says a lot of details need to be worked out and also spoke about the m&a strategy. >> if you see something that is very targeted to you and you think it has violated your privacy to get there, it's really creepy and scary and a lot of people believe that. if you understand the truth, which is we have not given any individual information, but we have just taken that ad and shown it, all of a sudden, it is a better experience. we have to do a much better job explaining our business model and explaining why targeted advertising is so important to small businesses around the world so that people feel more comfortable becau

there has been excitement around blockchain and digital assets and crypto can mean for the industry andent players like facebook are diving in. we have not seen much beyond experimentation and at ripple we are the market leader because we have matured aggressively and are solving real problems for real customers. ofeygram is a manifestation that and the second largest global remittance companies we have a big impact with one customer and one partner. emily: western union has tested ripple to use for its network but being more expects of than its current network -- expensive than the sprint network, is moneygram saving money by using ripple? -- theyrn union said have been around for decades and they said in our beta time when the product had not launched that we match the efficiency of what they were optimized. my view was they spent decades getting to an efficiency that we matched with a beta product so i was pleased western union said we are already as good as the decades they have invested in building out the capability. , we know out of the gates we can make their system much more ef

. >> we went to the blockchain about because, by design, we launched 100 different global organizationst will participate in the governance of this new network. 27 organizations. we need a way to decentralize governance because no one company should control a network that is basically a protocol for value on the internet. emily: still, lawmakers are calling for the social network to stop developing libra immediately until lawmakers weigh in. facebook coo sheryl sandberg says a lot of details need to be worked out and also spoke about the m&a strategy. >> if you see something that is very targeted to you and you think it has violated your privacy to get there, it's really creepy and scary and a lot of people believe that. if you understand the truth, which is we have not given any individual information, but we have just taken that ad and shown it, all of a sudden, it is a better experience. we have to do a much better job explaining our business model and explaining why targeted advertising is so important to small businesses around the world so that people feel more comfortable because

what the head of blockchain for the company had to say. >> we went the blockchain route because we willtime we launch, 100 different global organizations that will participate in the governance of this new network and currency. 27 organizations right now, so we needed a way to do centralized governance because one comedy should not control a network that basically is a protocol for value. alix: some companies agree. visa, mastercard, paypal. the banks, not so much. they already have their own payment thing. we are going to go our own way. david: andy regulators might have something to say about this. we will see -- and the regulators might have something more to say about this. we will see. i want to turn to slack. they are about to come out with an ipo, expected to be over when be over0 billion -- $120 billion. they are doing extremely well. it is really growing substantially. alix: what is more interesting is it is a direct listing. you only have two big banks. david: like spotify. alix: they are splitting $22 million of fees. david: but if they go out at like triple the last round of

dear tech, dear tech, dear tech, we're using ibm blockchain to help make sure food stays fresh. exploring quantum to develop next generation energy. we're using ai to help create more accessible health care. we're using iot to create new kinds of digital wallets. let's see some more headlines about that. let's expect more from technology. let's put smart to work. . >>> nba finals game two. >>> the golden state warriors entered game two of the nba finals in unfamiliar territory, down 1-0 in the series toronto opening things up for the raptors. they took an early lead. they go on an 18-run a late three-pointer from andrÉ would seal the deal. the warriors tie up the series with a 109-104 victory >>> leading the news this morning, more bad news for boeing, according to the federal aviation administration. more than 300 boeing 737 jet, including the maxime have faulty wing parts the faa said they made the discovery after a joint investigation. as many as 148 leading-edge slat tracks made by a boeing supplier could be susceptible to premature failure or cracks. the faa plans to order

it does not actually use the blockchain.to pay attention to the goal of facebook is to create a new reserve currency. they would argue this is really important in emerging countries where the currency doesn't trade well and where people don't have banking relationships. the problem with the whole thing is this is another relationship of move fast and break things. there's no evidence that facebook knows how to operate a currency. there is every reason to believe there are real risks. they say hey, you know, they're going to protect your privacy but we have a lot of evidence that says that's not going to be the outcome. >> roger, always good to see you, my friend. thank you very much. early and current investor in facebook and author of "zucked: waking up to the facebook catastrophe." >>> up next, deeper look by the federal reserve to leave interest rates unchanged means for the markets and economy moving forward. there's a lot that needs to get done today. small things. big things. too hard to do alone things. day after day,

an association based in geneva, switzerland the currency, libra, will be based on an open-source blockchainne can build applications on top of it. unlike bitcoin, it will be backed by real money a basket of currencies to limit its volatility facebook's play here is a new subsidiary it's creating called calibra, a digital wallet that will live on top of whatsapp and messenger as well as a stand-alone app. this new app aims to enable anyone to securely save money for free and to send and receive libra instantly around the world with no fees down the line, facebook plans to ad other financial services such as loans, which would generate new revenue streams for the social media giant now, facebook says it is working with regulators to get calibra approved and it experts the currency as well as its app to launch in the first half of next year melissa. over to you. >> julia, thank you. the commentary coming out of wall street on facebook's move for digital currency has been bullish. let's take a closer look at what it means for the social media giant. joins us is jusuf scully he published a new r

there has been excitement around blockchain and digital assets and what crypto can mean for the industry and the recent players like facebook are diving in. we have not seen much beyond experimentation and at ripple we are the market leader because we have matured aggressively and are solving real problems for real customers. moneygram is a manifestation of that and the second-largest global remittance company. we have a big impact with one customer and one partner. emily: western union has tested ripple to use for its network but said it is more expensive. is moneygram saving money by using ripple? >> western union said -- they have been around for decades and they said in our beta time, when the product had not launched, that we match the efficiency of what they were optimized. my view was they spent decades getting to an efficiency that we matched with a beta product. so i was pleased western union said we are already as good as the decades they have invested in building out the capability. with moneygram, we know out of the gates we can make their system much more efficient because t

dear tech, dear tech, dear tech, we're using ibm blockchain to help make sure food stays fresh. quantum to develop next generation energy. we're using ai to help create more accessible health care. we're using iot to create new kinds of digital wallets. let's see some more headlines about that. let's expect more from technology. let's put smart to work. i heard there guwere fleas out here.r? and t-t-t-t-t-icks! and mosquitoooooooooooes! listen up, scaredy cats. we all have k9 advantix ii to protect us. it kills and repels fleas, ticks and mosquitoes, too. at panera, our salads with peak-season berries... creamy avocado... and a dressing fit for a goddess. come taste what a salad should be. and order online for delivery right to you. panera. food as it should be. ♪ >>> it is time to check "the pulse" and we start with a growing mystery in the sewers beneath portland, oregon. >> surveillance video captured groups of people climbing out of a manhole. a store owner checked the video after seeing a random shoe in the street. a little more digging revealed this was the second time peo

he says he can't wait to talk to buffet about bitcoin and blockchain. buffett once charactered it as probably rat poison squared. he sees the lunch as an opportunity to seek a shared understanding on the topic. the charity lunch benefits san francisco's glide memorial church. >>> you may have noticed gas prices dropping a little bit. that's not something we usually see during the start of the summer driving season. it usually goes up. the average price of a gallon of regular gas in california is $3.94. that's down 7 cents week over week. it's a little higher in the bay area. it always seems to be. crude oil prices dropped last month, and that makes up the largest portion of the price of gas. >>> more issues at boeing making travel a little more difficult for passengers. >> 7 on your side's michael finney is here with that story and more tonight. >> that's the 737 that we're talking about today. boeing is telling some airlines flying those to replace a part on the wings. a move that could take more than 100 jets out of service. boeing says it's working w

dear tech, dear tech, dear tech, we're using ibm blockchain to help make sure food stays fresh.ring quantum to develop next generation energy. we're using ai to help create more accessible health care. we're using iot to create new kinds of digital wallets. let's see some more headlines about that. let's expect more from technology. let's put smart to work. play it cool and escape heartburn fast with new tums chewy bites cooling sensation. ♪ tum tum tum tums you eat right... mostly. bites cooling sensation. you make time... when you can. but sometimes life gets in the way, and that stubborn fat just won't go away. coolsculpting takes you further. a non-surgical treatment that targets, freezes, and eliminates treated fat cells, for good. discuss coolsculpting with your doctor. some common side-effects include temporary numbness, discomfort, and swelling. don't imagine results, see them. coolsculpting, take yourself further. >> dubois: finally here tonight, who ever heard of a runner setting world records just a couple years after taking up the sport? it turns out, this beginner h

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rishaad: are you using blockchain?urrently, we have obviously a group of talent coming together and taking a look at it. this is not something we are actively working on at the moment. for us, there is plenty of work to do to make sure all the data that is needed to move freight is on the grid organized in a way we can use it properly. verse thing first, that is what we are focusing on. david: thank you so much. please enjoy the summit there. that was huey lin, president, flexport inc.. we are live out of bangkok at the business summit. right now it is the prime minister speaking at the summit. he is talking about the need to reduce social gaps. he has moved his topic from what thailand is doing to climate comes and how asean together. you are talking about 10 countries. in terms of population, the size of the eurozone. all sorts of currencies and languages there as well. it is unity and diversity. rishaad: this is what else we have on monday. malaysia's prime minister will talk in bangkok. his interview 6:00 a.m. hong

or blockchain and cryptocurrencies >> these are two separate issues you can have a world view of whetheracebook is a savior of the world or the death star, but the question of cryptocurrencies is a whole different discussion and utilization of the system they have what i have is for a hearing on the nature of what their proposing with project libra and the consortium, how they will utilize it, the opportunities and intention they have. right now there's so little clarity on that. that's what i think policymakers should understand. i'm not judging it or prejudging it, but there's so many a open questions that i think we should be better informed. >> should we feel threatened that facebook is launches its own currency >> i don't think threatened. >> you guys didn't hold a hearing when paypal started doing business >> this is dramatically different. cryptocurrencies are different what we see here in the united states, though, is a lack of regulation or lack of regulatory understanding of what cryptocurrencies are they're neither security nor a commodity, so how do you regulate something tha

blockchain capital partner. thank you so much.witter announces a rule that may hide tweets from president trump himself. up, also a bloomberg scoop. why the chinese military may be closer than we thought. be closer than we thought. emily: this is bloomberg technology. flag label on twitter will tweets from president trump and other politicians to break the rules. the u.s. president routinely posts comments that might get a lesser-known person suspended for breaking twitter guidelines. now twitter will hide will breaking content behind a warning label which will say the tweet was left up because of legitimate public interest. users will need to click past the label in order to see it. to discuss, we are joined by david kirkpatrick. in d.c., we have naomi nicks. kurt wagoner in san francisco. i want to start with how this debate plays out in social media because it was fairly uneventful. no flareups or controversies. david: there was not a moment where everyone said look at this fake news going viral. that is what facebook and twitt