a great scoop, you can read more bloomberg.com.ntime, turning to another global hack attack revealed last week which puts the u.s. in a very vulnerable position. china's global attack on microsoft's popular email software has claimed 60,000 victims, this just three months after an equally sprawling russian attack which captured at least 18,000 customers of solarwinds. hackers are raising to protect as many -- to get as many customers as possible. i want to bring in kiersten, who served in the obama administration. tell me about this latest hack? kiersten: thank having me on. per luminary, what we know and what we speculate is that the chinese hacker group and the state-sponsored hacker group exposed the vulnerability in microsoft exchange. in doing so, they have breached, early reports are saying over 30,000 small and medium-size businesses as well as states and local governments in the united states. different from solarwinds, we are also seeing an impact right now of over 230,000 businesses worldwide. emily: so, talk to us about

you can catch that whole interview on bumble.com -- bloomberg.com.g up, a new speaker with 10 hours of battery life. this is bloomberg. ♪ emily: you are looking at the new speaker priced at $169. it is slightly taller than an iphone, weighs just under a pound. it has 10 hours of battery life. the company which made its name as one of the early proponents of a connected home speaker has seen shares search since going public. they are setting a goal of $2.25 billion in annual revenue by 2024. they introduced this speaker, the latest entrance into its high-end sound system. the company generating $1.33 billion in revenue last year. joining me is the ceo. let's talk about the new speaker. how does it stand out? >> this helps us get inside the home. we have been known for being in the home and having the best connected home audio system. this is a big step for us going outside the home. it could not be a better time given the people are finally going to be able to leave their homes, get together. we think this is the perfect product at the perfect time. i

emily: check out the full conversation at bloomberg.com. coming up, expect intel's ambitious plan to impact all sectors. will speak to our guest, next. this is bloomberg. ♪ emily: we just heard from the intel ceo, laying out his plan to double down on chip production in the united states and also make chips for other companies, based on their design. companies like apple and qualcomm would be customers, intel shares rallied after he revealed the big revival, but fell flat today. maybe just the start of something bigger for the chip industry overall. dan, you have a huge holding in intel, more than 500 50,000 shares. what is your take, is it a good move, and can he deliver? dan: it is huge news. $20 billion to build two plants in arizona. as you were talking about before i came on, intel we know is a big producer in terms of chips that go into pcs. they are a big -- a major player in terms of chips that go into servers. now they are talking about building up capacity to the point where they can start producing chips or other companies to do

friday and heirs all weekend, but if you just want to chill because it is easter, check it out on bloomberg.comight now. to how the u.s. central bank may address president biden's $2.2 trillion infrastructure plan, bloomberg's international economics and internal economics policy correspondent michael mckee with those. michael: it does not mean i will balance your checkbook. we are joined by dallas fed president robert kaplan. we would like to welcome you. i know you do not want to comment on the politics for pieces of this biden infrastructure plan, but let me ask you about the economics. $2.25 trillion over eight years being spent. what impact does that have on the economy and the possibilities for stimulus -- for monetary policy?going forward ? mr. kaplan: on infrastructure, we have had a lot of fiscal spending that's been necessary to emerge from the pandemic, but a lot of that spending will fund current consumption, and so the impact that has creates a bump in gdp, but over time, that bump wears off. the nice thing and the desirable thing for me about infrastructure spending, it is a long-

emily: the ceo of disney, you can catch the full interview at bloomberg.com., the company that has single-handedly transformed the fitness industry and affected millions of users stuck at home. i am speaking with the ceo of peleton, john foley about the future post pandemic and beyond. this is bloomberg. bloomberg. >> on this week's episode of power up, i will be taking a look at peloton. i think the company will continue to be successful after the pandemic. when the covid-19 pandemic began to sweep the united states a year ago, orders for peloton's pricey bikes and treadmills began to pile up. users were looking for ways to work out from home. peloton generated nearly $2 billion, that is about 800 million dollars more than it made in the four quarters before the pandemic began. that has led to a key question for investors, has peloton become a covid stock? one whose revenue will do -- would decline back to normal when the pandemic ends? i don't believe that will be the case. that surge in users has reached a point where people are buying the bikes and treadmi

emily: bumble ceo, you can catch the full interview at bloomberg.com.up, a new portable speaker just under one pound and a bit taller with at least 10 hours of battery life. why sonos is betting big on a handheld. this is bloomberg. ♪ ♪ emily: you are looking at the new speaker priced at $169 to stream music could be a bluetooth on the move are over wi-fi at home. slightly taller then an iphone, weighs just under a pound, has 10 hours of battery life. the company which made its name as one of the early proponents of connected home speakers seeing shares surge almost 200% since going public back in august 2018. sonos setting a goal of 2.2 5 billion dollars of annual revenue by 2024. they introduced this speaker, the latest tie into their sound systems. the company generating $1.33 billion in revenue last year. joining me now to discuss, so no ceo. how d -- sonos ceo. how does this stand out? patrick: this helps us get outside of the home. this is a big step for us going outside of the home and it could not have been better time to given that people are f

emily: bloomberg's ellen huet, a detailed profile of paul davison on bloomberg.com.ay at 3:30 pacific, about a half-hour after the show, the bloomberg opinion club page. i'm going to be moderating a discussion on the post-pandemic tech economy. i am going to be joined by bloomberg veterans and opinion columnists like tim o'brien. be sure to follow bloomberg opinion to get notified when that event begins. i sure you, it will be very opinionated. that does it for this addition of "bloomberg technology," and make sure to tune in tomorrow for more of our one year on bloomberg pandemic. we will have a ceo exclusively on the move to make uber drivers employees. you don't want to miss it. i'm emily chang. this is bloomberg. ♪ ♪ haidi: welcome to "daybreak australia." we are counting down to asia's major market opens. shery: good evening from bloomberg world headquarters in new york. i'm shery ahn. haidi: antony blinken in his first trip to asia, accusing beijing of coercion and aggression. talks between

catch more of that interview at bloomberg.com.r into the pandemic and looking at the soaring demand for online mental health apps. this is bloomberg. ♪ pres. biden: suicides are up, mental health needs are increasing, violence against women are increasing, a lot of folks are losing hope. >> the serious damage done by lockdowns to people's mental health, to jobs and livelihoods. >> this pandemic is having an impact on mental health for most or all of us. >> i have heard my own ceo state what they said and i agree that is true for me. i now shut down during the day where i need to go for a walk and this is important for me to do this and take time out of my day to take care of my own health and well-being. emily: it is no secret that the pandemic has taken a toll on businesses, careers and livelihoods. but the focus on getting rid of the virus come up with that most agree or need to be done for our mental health. a recent study by the on-demand mental health company ginger, 96% of ceo's think they are doing enough for employee healt

you can catch the full interview on bloomberg.com. axios per -- study sounds the percentage of female decision-makers at u.s. venture capital firms is rising slowly. when it comes to mantra manures, the environment is getting worse. -- when it comes to on spring doors, environment is getting worse. this is blueberry. -- this is bloomberg. ♪ emily: crunch bases found u.s. startups raised a record $143 billion in 2020. that is up 12% year-over-year. adventure -- firms sounded -- funded by women dropped. female founders raised only $2.2 billion in 2020. joining us now to discuss the need is the general partner its freestyle vc peerage she also sits on the board of all rates, thank you so much for joining us. it is wonderful to have you on the show. there's a huge concern about women backsliding in the pandemic. if you look at some of these numbers, especially when it comes to women entrepreneurs, it looks like we're seeing that. what is happening and why echo >> is hard to tell you exactly why. without question the pandemic has hit women

bloomberg's ellen huet, a detailed profile of paul davison on bloomberg.com. check it out.ord about an upcoming event, we are doing on clubhouse, you can join me this thursday at 3:30 pacific, about a half-hour after the show, the bloomberg opinion club page. i will be moderating discussion on the post-pandemic tech economy. i will be joined by some of our colleagues, bloomberg tech veterans, opinion columnists, and be sure to follow bloomberg opinion to get notified when that event begins. i can assure you, it will be very opinionated. that does it for this edition of "bloomberg technology." make sure to tune in tomorrow for more of our one year on bloomberg pandemic. we will have a ceo exclusively on the move to make uber drivers in the u.k. workers. peloton's ceo is with us later in the week. you don't want to miss it. i'm emily chang. this is bloomberg. ♪ it's moving day. and while her friends are doing the heavy lifting, jess is busy moving her xfinity internet and tv services. it only takes about a minute. wait, a minute? but what have you been doing for the last two

you can get coverage of that on bloomberg.com, bloomberg television, on bloomberg radio, as well as bloombergquintefinitely an important summit. as we await the fed decision, we will discuss this year's spac boom. it eclipses fundraising in a single quarter. this is bloomberg. ♪ amanda: this is bloomberg markets. i'm amanda lange with matt miller. there is a lot to talk about. the speculative parts of this market as low rates continue to drive capital flows. one place we are increasingly hearing this conversation is around the spacs. we have with us joe reece, and ed hammond read great to have both of you here. joe, i do want to start with you. you know an awful lot of -- a lot about this space. do you feel there is some justification. that there might be some red flags being raised here? joe: thanks for having me. always good to be on tv with you folks. there has been a large amount of capital remediated to spac's. as of last night there were about 518 spac's with about one billion -- 1.6 -- $1.6 billion in capital, excuse me. there is always room for access in the market. any time things get fro

bloomberg.com the other thing -- rishaad: the other thing is that in the post-covid world when peoplehow will your company look? this year is being skewed by the demands being laid on you to come up with preventing the spread of the pandemic. himanshu: the future is about new products, we are designing. business will take off and a big way in sections of the portfolio of devices, which we take to be very useful going forward, every hospital will have to relook at their infection practice. many of our products are used they are currently, so we will see a ramp up of demands not only in india, everywhere in the world. haslinda: so much optimism. what could be the bottleneck? himanshu: i think regulatory framework. the whole regulatory landscape is changing and getting difficult and the more difficult for companies to produce products in europe and u.s., that is something that we should look at more deeply, but today, most all products are like 30% off of our revenue right now. i think it is kind of way and watch, and if you are bringing new products, the waiting time has increased to li

that is the update for this week, and on a terminal on bloomberg.com and right here, same time next weekg news across the terminal, the ceo has warned that the chip shortage may spill into the second half of 2021. renaissance makes chips for carmakers. it also outsources and we know this has been something that all chipmakers, president biden has been talking about this, the chip shortage flowing into market sentiment and the overall semiconductor industry. the renasas cl warning that the chip shortage could spill into the second half of 2021. vonnie: wrapping the most important policy meeting of the year, saying there is no need for dramatic shifts. policies will remain on track to, and a reasonable and appropriate manner. he said that china remains optimistic but it will also be realistic in the face of global changes. wanting to see gdp growth at 1% this year. the national people's congress, with the national overall of the political leaders as they crackdown on opposition and that asia leading financial hub. the vote was unanimous, just one -- >> hong kong is a part of the people's r

in-depth data from our team broadcasting live from hong kong, listen on bloomberg radio plus or bloomberg.com ♪ haidi: a quick check of business flash headlines. chinese startup iron token has raised $13 million in a series of funding led by venture partners -- $13 million -- $13 30 million dollars in a series of funding led i venture partners. investors have used the fund to stash crypto assets. u.s. spac merger one of the options on the table that could lead to a multibillion dollar's evaluation. the company specializes in batteries for electric vehicles. another company is betting on ed, earmarking $10 billion over the next decade for manufacturing. the co-founder is expected to invest $1.5 billion on electric vehicle making. xiaomi has no plans to invite in outside investors. let's look at stocks at the open of trade in china and hong kong. sophie: accompany rejected reports that it will help shall xiomi develop electric vehicles. other report cards across class sectors in asia, banks, airlines, property. china bank lifting property estimates for 2020, the largest listed residential devel

you can find more equality coverage on our redesigned page on bloomberg.com, and a new function for terminal. don't miss the three-day bloomberg equality summit happening next week. coverage beginning on march 16. haslinda: now, let's get you a quick check of the latest business flash headlines. citigroup is said to be punishing investment firms that held back mistaken revlon payments, blocking them from some new debt offerings. citi is cold shouldering money managers who hung onto more than half $1 billion. they include hbs investment partners and symphony asset-management. a federal judge ruled the lenders were entitled to keep the money. investors are keen on tesla again, ending a five day slump and pushing the stock to its biggest gain in more than a year. a stream of positive corporate news, a wall street upgrade, and a bit going rally have all raised interest again in tesla. shares jumped as much as 20%, raising a string -- erasing a st ocent losses that shed $150 billion of tesla's market value. gamestop's latest winning streak continued for a fifth day, after a second day of double-d

clients track the biggest vaccination campaigns in history on our terminal on bloomberg.com .week. ♪ haslinda: federal reserve chairman jay powell is acknowledging that he is watching volatile bond moves while stopping short of signaling the need to take action to stop them. kathleen hays is here with more. what were his key points? kathleen: the overall take away is that jay powell is going to be patient, stick to its goals to get this economy fully recovered. that takes precedence over appeasing the concerns of bond market investors that something has to be done to prevent them from selling more bonds and causing yields to rise too much, too fast. he did say, the run-up in bond yields has been notable. its disorderly conditions that would concern him. >> i would be concerned by disorderly conditions in markets or persistent tightening in conditions that threatens achievement of our goals. i would be concerned if those were third -- those things were to happen. >> he isn't. he doesn't see things being that way yet. financial conditions are still accommodative. stocks have not