ed: how do you monetize this?ting with the premium model, but we are convinced that the real value is to consumers and end users so we will continue as things get better to monetize to users. ed: you are a google brain and you talked about the idea of the 20% in other words, people who are kicking around menlo park and working on ai in their spare time in the working day. and i wondered when you saw google at google i/o make all of these product announcements and put their work into the real world, what was your reaction? noam: it is wonderful. google has been bringing trillions of dollars of value to the world directly to consumers for decades and i am very excited to see that continue. ed: what did you make of yesterday's hearing of sam altman, gary marcus, and the conversations that they were having? noam: i mean, we do not know what the best use cases are. it is the actual users and every individual person who can actually unlock the value in this stuff. so i am kind of dubious about the ability of the federal

with caroline hyde and ed ludlow. ed: i am ed ludlow in san francisco caroline hyde is off today this is "bloomberg technology." . coming up full coverage of the second-biggest bank collapse in u.s. history will discuss the outlook of funding. another big week for tech earnings today, amd, qualcomm, apple all reporting. we have a preview of what is to come. they file confidentially for an ipo in the u.s. of the reagan. more -- over the reagan. >> in technology, mastec 100 up to tens of percent, relative the s&p 500 we are treading water -- mastec 100 up to tens of a percent, we are treading water on the s&p 500. stocks up mishap a percentage point in yields are climbing come the u.s. 10 year up by 12 basis points. there is some corporate issuance out there, met i going to the bond market, since the -- meta going to the bond market. we will bring you the details later in the show. there is one story we are talking about. jp morgan stepping. into acquire. first republic taking on portions of the loan book and deposit ba

ed: i am ed ludlow in san francisco. caroline: nvidia trades in the red for the first time since its blowout earnings report. ed: we are talking a isc biden administration discusses how to regulate generated ai like chatgpt. caroline: so much more throughout the show including where public markets are currently trading. we are seeing a dismal field to the nasdaq today. we are dropping around 0.7%. nervousness that may be some economic data in the u.s. is too strong. jolts data, basically java earnings looking much stronger than people anticipated. the buying we see in two-year yield is dipping a bit, around every go in terms of the debt ceiling and whether we get some agreement. we will hear from -- we were steering from kailey leinz at the end of the previous program on that. yes, perhaps they are assigned to much on the positive side. in china and europe, the pmi manufacturing data looking weak. he selloff again in terms of u.s. assisted chinese stocks. i am looking at the world of crypto. the end the month of may down

: ed:.ry praising of elon musk and entrepreneurialism. but he said they need certainty and visibility on returns and in the field of ai and whatever they are doing with tessler -- tesla and twitter, that is not the certainty they are going to get. caroline: so much to dissect from warren buffett. coming up, i will have a look at how apple is doing. a lot of debt sales going on. apple's decision to raise $5 billion. searching for safety there? this is bloomberg. ♪ when you automate sales tax with avalara, you don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh you got this. let's go. gobble gobble. i've seen bigger legs on a turkey! rude. who are you? i'm an investor in a fund that helps advance innovative sports tech like this smart fitness mirror. i'm also mr. leg day...1989! anyone can become an agent of innovation with invesco qqq, a fund that gives you access to nasdaq-100 innovations. i go through a lot of pants. before investing carefully read an

ed: i'm ed ludlow in san francisco. get a check on these markets when we come to the technology sector. the nasdaq outperforming, relative to a slightly down market. there is underperformance in chip stocks. some names giving up recent gains, some moving to the downside, some repositioning on who the leading horse is in the ai race. the yield on u.s. 10 year software by 6.5 basis points, seven, 3.37%. bitcoin, we are going back toward 27,000 u.s. dollars. that is the level we were out at the end of march. we have lost momentum when it comes to the biggest cryptocurrency by market cap. in the equity market there is a clear mover to the downside, disney dropping by the most since november. looking at a widening loss which the company describes as a blip. it is all streaming. no matter how much we wanted to talk about parks and whether this is a tech company or a media and entertainment company, you're talking about streaming. caroline: let's talk about the tech angle with rich greenfield. he is here in new york. we have m

ed?e capital, vinod joins us for today's spotlight here in san francisco. let's go to ai. it is all that anyone wants to talk about. open ai was the first big check that you wrote, right? vinod: we wrote the first very large check and open ai that we had done, yes. the first venture capital firm along with some individuals. ed: fast-forward to present day, there is a hype cycle around artificial intelligence and half of your field of vc says we've been doing this for a decade. and then half are getting into a new. how do you assess what is happening? vinod: everybody wants to get on the bandwagon because it is a major client and a major time. not surprising people claiming they've been doing it for a decade. i wrote about it extensively about 10 years ago and then four years ago we invested in open ai. five or six years ago we had a whole bunch of other startups we invested in in the same area. and so it is an exciting time. it is hard to predict exactly how fast it is developing, how fas

ed: thank you. conduct of executives at first republic bank. before the government seizure there was discussion about the sale of certain assets and holdings. all this is ahead of what is been brought up looking at the team and probably traded on inside information. were going to cover that story. also into the macro situation because knowing the administration, the banking sector with demonstration gloating at the jobs number. president biden discussing the 253,000 number added to jobs but they're inflationary pressures within that. keep a close eye on what president biden has been saying today. we have a life discussion there but here -- he is holding a cabinet meeting of -- that inflation is trending in the right direction. from new york, this is bloomberg. ♪ caroline: it is time for talking take and we start with software ag shares falling after the german company refused to enter talks with a rival better for the company. set it is a party and increase $2.6 billion takeover the existing backer.

ed: this is bloomberg technology. caroline: coming up, elon musk announces he is stepping aside as ceo at twitter. ed: plus, artificial intelligence and how companies are implementing guardrails. caroline: softbank has begun testing investor appetite for acquisition of arm. we are collapsing on the 10:00 a.m. mark as we get the university of michigan sentiment from the consumer that sees inflation at 3% for the next 5-10 years. the pressure still pushing down on the tech stocks on the day. the two-year yield rising nine basis points. we also have anxiety about the debt ceiling, the banking system. interesting moves in emerging markets. keep an eye on turkey as they look toward a key vote. could president erdogan be waved goodbye to this weekend? i want to look at crypto. the dollar has had a real rally this week. bitcoin off by 9%. quite a selloff in fact the first back-to-back weekly loss on bitcoin since march. ed: it's a market stay where there is a lack of news headlines particularly in technology. one mover to th

ed: and i am ed had low -- ed ludlow in san francisco. caroline: disruption hits hiring, business models, and more. we will discuss it with steve wozniak. ed: we will sit down with the ceo of uber as it posts strong earnings. caroline: the ceo of sophia amid the banking system term i'll -- banking system turmoil as it partners with expedia to create a rewards program. let's dig in on these markets because we are nervous. we are focusing on the federal reserve, what does that mean for the macro? what does it mean for the banking system? we are up by 1.5% on the nasdaq with the kbw bank index is falling, 4.81%. the ripple and repurcussions coming from first republic still being digested as we worry about the strength of the financial system. the two new yield spiraling -- the 10 year yield is spiraling -- 10 year yield is spiraling down. we are not searching for safety, we are looking for risk assets in bitcoin. maybe this is also linked to the banking turmoil, the worry about the solidity of your normal financial system. up more than 3%. w

ed: and i'm ed ludlow, this is "bloomberg technology". caroline: chip makers struggle with the industry downturn. ed: salesforce expanding with new tools, there copresident joins us from vegas. caroline: and raising $100 million for car inspections, we speak with the ceo that cio of rx. we are cautious. we see a pullback on the nasdaq, up 5.6%. worries about the debt ceiling coming front and center but what is happening in china, the worry about the import demand not being as strong as anticipated. is the local economy not returning to growth post-covid? : dragon up. up by .9%. your world of crypto, caution overall, we are up by about .5%. volatility in bitcoin, ahead on the debt ceiling, it is about crypto. taking a pause on crypto. ed: the earnings story from a paypal lowering the margins outlook. details later. lucid group softer by about 8%, an automaker trying to catch up with tesla but not making progress. pain for the chip sector seems to be in place through the end of the year. ian king is the guy you want to talk to. global found

ed: and i'm ed ludlow in san francisco. enthusiasm earlier in the session fueled by ai has worn off. look at the s&p 500, kind of flat in that main gauge. the nasdaq 100 up .6%. some of the big movers to the upside are ai-related. kind of a cool back in yields, some of that around hoped we will find resolution in the u.s. debt ceiling negotiations and a quick look at bitcoin, trading around $27,700. basically back to where we were at the end of march, we are trading in this range between when he 6000 over the last two or three months. in terms of single names, there's only one story which is nvidia, hitting a $1 trillion racket cap, the first chipmaker to do so. only nine stocks have ever made that milestone. in contrast with alphabet, parent can be of google, off by .4%. it had been down significantly. this is another name if you bring up has seen a run-up in its shares fueled by its announcements particularly in the field of ai. particularly what they are doing and some of the mediums beyond tech like photo images and vid

ed: and i am ed ludlow. caroline: we look at the results from qualcomm. ed: we dive deep into the world of ai intelligence. we speak about safety with ashton kutcher. caroline: we will bring you the latest details on alibaba. i am looking at the nasdaq under pressure and nurse across the board. we are worried about the banking crisis that continues to unfold. kbw bank index trading at its lowest since 2020. the fed hikes, the ecb hikes, we are worried about the course of global investing. vix is up above a 20 handle. are we still going to see a benefit in crypto because it is aside from the traditional world of finance? we are at the 28,000 level but the fact that we're up above 1%. ed: the downside movers on earnings, qualcomm is down 4.91% . we are going to go deep on these earnings later in the show. etsy gave a good forecast but investors are not buying it. it's the regional banks story playing out. you look at pac west, western alliance, two catalysts driving those stocks. pack west denied a report, western alliance people are talking to investors tr

ed: and i'm ed ludlow. this is bloomberg technology. caroline: coming up, the race to regulate artificial intelligence is underway in washington as the open a ico lays out the benefits and risks to senators. ed: the ceo of the hippocratic ai joins us in studio to discuss the regenerative ai -- generative ai tech. caroline: and a tech talent recruiting service recruited called lasky. once again, we are seeing big tech on top, lackluster trading day coming muted as we wary about the debt ceiling in the argument abound between left and right, seeing nasdaq 100 up .5%. big tech seen as some sort of haven. we will talk about the individual names there but next, i show the world is more down pat on the markets. bank of america, showing how much risky version there is from traders at the moment. we see down .3%, people not wanting to add to the stock market now. 10 year yield up six basis points. even as we see in the individual retail data coming out and showing you and i willing to spend this inflationary data it seems some of the federal re

ed: that is a good one.l media is filing for bankruptcy protection in new york. our reporter has the details from new york city. what i don't get about vice is where it went wrong. is it a video problem? is it a prince problem? -- print problem? >> this is the bigger story of digital media. there is real questions of whether mental -- venture capital money -- funding was the real model. a lot of digital media companies including vice stake their future on facebook and trying to drive traffic through social media. what we have seen over the last couple years is that the big tech companies are the ones getting the bulk of the advertising dollars. not the digital publishers. vice was seen as a rocketship. you think about six years ago, this was the company that was valued at $5.7 billion. in b's big receipt filings, we are seeing creditors have offered to buy the company for $225 million including liabilities. it is a steady fall from grace. caroline: what is amazing to me through your reporting is that it is n

ed sheeran, we should know shortly what the verdict is going to do. thanks, "america reports" now. >> john: harris, thank you. begin with the continuing fox news alert, a verdict reached in the ed sheeran copyright case, at issue "thinking out loud" and similarities to "let's get it on." >> sandra: we do not have the verdict, we know it's in. as soon as we know, we will bring it to you. >> john: fox news alert to kick us off this thursday, stocks sliding as fears grow over more regional banks on the brink of collapse, despite assurances from president biden and jay powell the u.s. banking system is on solid footing. >> sandra: where is the economy heading from here, will the latest rate hike lead to more trouble down the road? we will be joined live coming up to discuss. >> it's actually very scary, we have never seen anything like this before in our city. >> what is happening with all these people released here? >> our city officials are downplaying the situation. >> who is holding their countries accountable. our country cannot solve every issue. >>

irate side and in the end they sided with ed sheeran. ~ ,, , ., , ed sheeran.ears talking — ed sheeran. we spent the last eight years talking about _ ed sheeran. we spent the last eight years talking about two _ ed sheeran. we spent the last eight years talking about two songs - ed sheeran. we spent the last eight years talking about two songs with | years talking about two songs with different lyrics, melodies and chords which are also different and used by songwriters every day all over the world. they are in a song writer's alphabet, our toolkit and should be there for all of us to use. no one owns them. for ed sheeran the _ use. no one owns them. for ed sheeran the timing _ use. no one owns them. for ed sheeran the timing could - use. no one owns them. for ed sheeran the timing could not i use. no one owns them. for ed i sheeran the timing could not have been better. he releases a new album at midnight and goes back on tour this weekend. mark savage, bbc news. votes will start to be counted tonight and through tomorrow after polls closed in local elections

cox and ed's sister, marianne.ricia received her china, the blue tree pattern by lyness, her silver, eloquence from greenfield massachusetts, and her crystal, a cut glass pattern. prior to mrs. agnes party and informal shar was held on may 26. tricia wasn't the first white house bride-to-be to have a shower given in her honor by a member of the washington women's press corps. helen thomas was hostess of the party at which mrs. nixon, julie, and ed's mother were honored yet. other guests included members of mrs. nixon staff and women reporters. one of tricia is gifts from a lady of the press. to be an expression of sympathy for tricia and ed's desire for anonymity. to the movement of all, tricia donned her disguise. on friday evening june 4 at washington's beautiful anderson house, mrs. william rogers, wife of the secretary of state, hosted a reception for the diplomatic corps in honor of tricia and it. dean of the diplomatic corps led the way through the receiving line. the secretary of state was unable to be there

cox and ed sister marianne.er many gifts tricia received her china the bluehi te pattern hurt silver eloquence of greenfield, massachusetts and ornate baroque design and her crystal eight waterford cut glass pattern. ♪ prior to the party in informal shower was held on may 26. patricia it was a first white house bride-to-be to have a shower given in her honor by a member of the washington women's press corps. hellman thomas united press international correspondent in washington was hostess of the party at which mrs. nixon, julie and ed's mother or honored guests. other guests included members of mrs. nixon staff and women reporters. one of tricia'ss gifts from a lady of the press appeared to be an expression for desire for anonymity. to the amusementto of all tricia donned her disguise. on friday evening june 4 washington's beautiful anderson home mrs. william p rogers wife of w the secretary of state hosd a reception for the diplomatic corporation in honor of trish and ed fichte b of the diplomatic court led the

ed: both of them.ve was in 2011, which was similar in terms of this crisis, the market went down 20%. the economy was not impacted. it eventually got resolved quickly. but it didn't have an impact on the stock market. the stock market already has problems with the fed tightening and credit expansion and recession coming. we don't know when but we do know it is not here now. right now, the economy is maybe booming but certainly very strong. katie: if you look at the vix which has not done anything for a while, you are seeing call option volume really spiked. someone is worried about it. we talk about the debt ceiling and technical default, people always stress the word technical. even if we enter into a technical default, you think there will be any lasting ramifications or would that be set off? ed: i am not there. i do not think we are going to get that close to it. you do not have to get there. you just have to be close enough to worry about it. matt: what about they failures? we have seen four notab

and the jury finding ed sheeran not liable here.ring in attorney and legal affairs commentator areva martin. it's great to see you. chloe was talking about how impactful this is for the music industry, that this really came down to creativity. ed sheeran say figure he can't have that four-chord progression he can't be creative. what do you make of this verdict? >> yeah, i'm not suppliesed by the verdict -- surprised by the verdict. very difficult case. obviously the townsend family felt passionate that ed sheeran had, you know, used the four-chord progression that was in the song that was co-written with marvin gaye by their father, but i think what was impactful for the jury was that ed sheeran was able to put on evidence that this four-chord progression was used in songs even before marvin gaye and townsend recorded that very popular song by marvin gaye. and i think that had a big impact on this jury because ultimately if the court, the four-chord progression was used before "let's get it on," then it's difficult to make a claim t

alix: thank you ed morse so much ed morse -- thank you so much ed morse.ited for the numbers on the screen. stoxx 600 bought up by .2%. stoxx 600, 466, some excitement in the manufacturing data. describe that as choppy is an understatement. euro-dollar not going anywhere in a hurry. what is moving in a hurry is the stock down by 6.2% and there is a reaction in the market and also in the bond market. we will talk about the big reaction which does imply maybe there is an ever to contain volatility as we head into a second round of voting. we will talk a lot about this in the next hour other things we will talk about is banking and why central banks should be pulling shops. the former bank of england governor will join us and we will get his take on whether the bank of england has a solid group right now i'm with you kate economy is going. lots still to come. the close is next. this is bloomberg. ♪ when i was his age, we had to be inside to watch live sports. but with xfinity, we get the fastest mobile service and can stream down the street or around the bloc

cox and ed sisters mary and.y gifts, tricia received her silver eloquence and ornate baroque in her christer a wonderful cut glass. ♪ prior to the party, of may 20263rd was a first white house bride to be that a shower given in her honor by a member of the washington women's press corps. was hostess of the party at which mrs. nixon, julie and ed's mother for honored guests. other guests included members of mrs. nixon's staff and women reporters. one of trisha's gifts from a lady of the press appeared to be in expression of sympathy for their desire fores anonymity. the amusement to all tricia found her disguise. on friday evening june 4 at washington beautiful anderson house mrs. william pete rogers wife's wife of the secretary of state hosted a reception for the diplomatic corps in honor of trish and edward being the diplomatic corps led the way to the receiving line. the secretary of state was unable to be there. he is attending meetings in portugal and france. tricia graciously accepted the gifts from the amba

ed really sa s a is looking at in the us. ed really says a lot _ is looking at in the us.ly says a lot about _ is looking at in the us. ed really says a lot about trade _ is looking at in the us. ed really says a lot about trade barriers i is looking at in the us. ed really l says a lot about trade barriers and international borders when one regulator says yes and another says no, who wins? regulator says yes and another says no. who wins?— no, who wins? ultimately, they are us companies- _ no, who wins? ultimately, they are us companies. the _ no, who wins? ultimately, they are us companies. the ftc _ no, who wins? ultimately, they are us companies. the ftc probably i us companies. the ftc probably taking the most stringent view on this deal. what it might mean is that there is a divergence between the red glittery approach. it might mean that certain countries are going to try, reimpose new restrictions. the european commission has tended to be quite strict, including microsoft, google and facebook. usually, these comebacks tend to end in the european commission having t

what ed sheeran said afterward. here is erielle reshef. >> reporter: tonight, the major legal victory for superstar ed sheeran. a federal jury in manhattan finding the singer not liable for copyright infringement. >> i am obviously very happy with the outcome of the case and i don't have to retire from my day job after all. >> reporter: at times the courtroom turning into a concert venue with the musician playing guitar and belting out a mashup of songs from the witness stand in an effort to prove he did not copy this hit song by marvin gaye. [ singing ] ♪ music playing ♪ >> reporter: to write his own chart topper. [ singing ] ♪ music playing ♪ >> reporter: ed sheeran sued by the family of the late ed townsend, the co-writer of "let's get it on" claiming the grammy winner lifted the exact chords for "thinking out loud". >> these chords are common building blocks which were used to create music long before "let's get it on" was written. >> the judge instructing the jury that similarities do not equate to copyright in

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so again, i was torn, ed sheeran's song perfect was the theme music to my wedding.eymoon, so i was torn between who to vote for, but i'm happy that ed won. i like his music. >> there's that. i learned a lot in the last ten seconds. >> i don't even know if i should follow up on that. >> do you want to just end on that note? >> no, it's springtime, look, we've got bright colors on. >> love is in the air. >> absolutely. >> can i ask you on a serious note because ed sheeran when he came out was saying, you know, lamenting that he missed his grandmother's funeral because of this. he seemed to be framing it as like a shakedown. he was saying this is an attempt to shake the piggy bank just to get money out of him. >> there can be truth in that. we saw even with the gwyneth paltrow trial, right, if you're a celebrity and in the way society is right now, you're a bit of a target. >> yeah. >> and anything that can, you know, get some money out of you people are going to try and do that. so ed winning kind of, you know, puts a wall up to say, look, celebrities are going to fig

. >>> did pop superstar ed sheeran steal part of a marvin gaye classic? what a jury decided today. >>> and amazing rescue the hero who spots a baby stroller rolling into danger. >> announcer: this is "nbc nightly news" with lester holt >> good evening, and welcome. they appear to be among the most determined in the january 6th attack on the capitol. thirsting for violence is how prosecutors put it today five members of the far right extremist group, proud boys, including their former leader, were convicted on serious felony charges related to the capitol assault. perhaps the most significant trial yet. four of them found guilty of seditious conspiracy, rare charges with deep and chilling historical roots. all of the defendants convicted of interfering with the duties of members of congress in what the government argued was an organized attempt to stop certification of the election. defense attorneys arguing their clients were scapegoated ken dilanian has details. >> reporter: prosecutors called them the key instigators of the january 6th assault on the u.

ed markey is from massachusetts. ed? sen. markey: thank you, bernie. thanks to all of my colleagues. we are here to send a message to president biden, to do what it takes to stop republicans from driving our economy off a cliff. we know that president biden can cut deals. we know that he's a man of his word. and i have confidence and faith in the president, in these negotiations. but i do not have faith in speaker mccarthy and right-wing republican house members. speaker mccarthy wants to jeopardize the whole of the american economy, sacrifice working and middle class families' hard-earned savings by the trillions and hundreds of thousands of jobs and put funding for rental assistance, early childhood education, nutrition assistance for moms and kids and our entire social safety net on the line for some cheap political stunt. republicans are not serious about finding a solution. so we are urging president biden to utilize his authority under the 14th amendment of the constitution, which clearly states, quote, the validity of the public debt of the unit

i want to move on to the op-ed — the party. i want to move on to the op-ed that _ the party.-ed that you _ the party. i want to move on to the op-ed that you wrote - the party. i want to move on to the op-ed that you wrote in - the party. i want to move on to| the op-ed that you wrote in the the op—ed that you wrote in the boston globe about the need to regulate artificial intelligence and particularly on the battlefield and how it's used in defence. said we need a geneva convention for a i, what would that look like?— would that look like? here is the problem. _ would that look like? here is the problem, we _ would that look like? here is the problem, we are - would that look like? here is i the problem, we are developing a i so quickly, so we are not that far away from literally having killer robots. we will programme our killer robots to limit collateral damage and civilian damage, to be careful on the battlefield in the same way as troops, but look at what putin is doing in bakhmut, he has levelled the city. we can't expect adversaries like russia and china to follow the

i’m ed sheeran spoke outside for a short time an. �* ., , , , ed sheeran spoke outside for a short timeannestly very happy with the outcome of the _ time ago. i'm honestly very happy with the outcome of the case i time ago. i'm honestly very happy. with the outcome of the case and it looks like i'm not having to retype for my day job looks like i'm not having to retype for my dayjob after all. but at the same time, i'm frustrated that baseless claim of this or allowed to go to court and off. we spent the last eight years talking about two songs which are medically different lyrics, melodies and for courts which are also different in use by songwriters every day all over the world. these chords are common building blocks which are used to create music long before let's get on written and will be used to make music long after we are all gone. they are in a songwriters alphabet, toolkit, it should be there for all of us to use. no one owns them or the way they are played in the same with a nobody owns the colour blue. unfortunately unfounded claims like this are being fuelled by individuals

thank you ed ludlow as well.ing up, president biden and congressional leaders are preparing for a high-stakes meeting on the debt ceiling deadlock. we will get insight from courtney rosenberger at strategic next. this is bloomberg. ♪ i will not negotiate whether or not we pay our debt >> come to the table and stop playing partisan political games. >> they said we will default unless we agree to these wacko notions they have. i'm happy to meet with mccarthy but not on whether or not the debt limit gets extended. >> mr. president, why don't we sit down and work through it? jon: this is bloomberg markets. of course, we will be watching the latest in the debt ceiling drama unfolding in d.c. president biden is said to meet with congressional leaders at 4:00 p.m. new york time in the oval office. let's get insight on what to watch for area the managing director of policy research at strategas joins us, what are your expectations? >> thank you for having me. it's important to keep expectations low for what comes out of

so that op ed appeared in the times on january 28th, 2020. and then i got on a plane and went to tasmania and i spent most of the next month in the bush with tasmanian devil biology strapping these little creatures and checking them for this contagious cancer. and then about this phenomenon. but every time i went back to my hotel in the city of my email was lighting up. would you talk to us about? the wuhan virus, would you talk to us about spillover of new diseases? would you talk to us about the danger of pandemic? china television, russian, cnn, various npr outlets, australian broadcasting corporation. so i spent a large portion of my time doing doing media responses to try and help people underplay, understand what might happen with this with this new virus. and then on march second, i flew back to my home in bozeman, montana. and march 20th, i think the world organization officially declared everybody else could see, which was that this was a pandemic. march 20th of 2020 and soon after that i heard from my publisher, simon and schuster s

i was glad that ed one. think the building blocks _ make that? i was glad that ed one. i think the building blocks of- make that? i was glad that ed one. i think the building blocks of music i think the building blocks of music we hold in common, all of us, some writers. it cannot be owned by any one person or any entity. much less can be owned by a artificial machine intelligence. can be owned by a artificial machine intelligence-— intelligence. what was your take on that? because _ intelligence. what was your take on that? because i _ intelligence. what was your take on that? because i think— intelligence. what was your take on that? because i think there - intelligence. what was your take on that? because i think there have i that? because i think there have been, i guess what you could call convincing facsimiles of music? lt’s convincing facsimiles of music? it's similar to convincing facsimiles of music? ut�*s similar to the way i watch a movie with cgi. you know, it doesn't impress me at all. i get imm

ed townsend's estate are suing efd sheeran. musicologist for the townsend family claims that i'm playing x chords is criminal. he said that the music college is changing around the chords to fit their narrative. so i just want you to all listen to a clip of amashup of a little bit of "thinking out loud" and "let's get it on" so you know what is going on at the trial today. ♪ ♪ i've been feeling fine baby ♪ ♪ we'll be love you until we're 70 ♪ >> reporter: so the cowriter of thinking out loud, her name is amy, she wrote several songs with ed sheeran, she is countrily on the stand now and she's talking about the night that they wrote "thinking out loud" in 2014 and they did not draw inspiration from marvin gaye's song. so we're going to see what happens later in week when the jury potentially started to deliberate. >> it is so tough, right. you could hear similarity there. but it is not the first song that you hear similarities as you listen to them. anyway, remarkable story to watch. colory, thank you so much. >>> coming up, art

yes, ed davey is there, ed davey now. yes, ed davey is there. lone. — ed davey now.ou ready? yes! ten, nine. eight. — election! are you ready? yes! ten, nine, eight, seven, six, five, four, three, _ nine, eight, seven, six, five, four, three. two. — nine, eight, seven, six, five, four, three, two, one... cheering golden ticket on britain's got talent! . �* . . golden ticket on britain's got talent! . �* , , , talent! that's right. this is textbook — talent! that's right. this is textbook liberal _ talent! that's right. this is| textbook liberal democrats talent! that's right. this is - textbook liberal democrats on parade, we have seen bulldozers, hammers, and nowa parade, we have seen bulldozers, hammers, and now a clock bemused! making big gains across the country, we've _ making big gains across the country, we've beaten the conservatives in bath and — we've beaten the conservatives in bath and in — we've beaten the conservatives in bath and in brentwood, in hertfordshire and in hinckley. we're making _ hertfordshire and in hinckley. we're making gains off labour,

and sex ed is a little harder and they don't want to talk about sex ed. but again, if you can say, hey, this is we're talking about age appropriate sex ed, we're not trying to talk about to kids about things they don't even know about yet like that they but also kids aren't embarrassed of the stuff they don't know to be. it's they can see their parents are embarrassed and then they're like, what's happening here is their parents are like blushing non stop trying to talk about this with them. so that's a parent's issue. like you got to get over that and and i think some of that is like, hey, if you want to be a good parent, you need to do this. i have had really sweet, kind of heartbreaking letters from teens, mormon teens heading off to byu saying, i didn't really get sex ed. what do i need to know? and i'll write a blog post like, here we go. and they're people that like love their parents are like, my parents are great, they're like, cool, but they just didn't talk to me about this. and, and parents, we need to really talk to other parents that are hesi

ed: go ahead.on: i cannot say something precisely because porsche did not make that announcement. normally, it is between two to three years in every production program we have had so far. ed: porsche is a low-volume producer, i think around 3000 units globally last year. does this open a door to you having a relationship with audi and volkswagen, for obvious reasons? amnon: i think it is in the porsche press release. they do say it will open the door to other brands of the group. it is important to know that they share platforms, all of these brands. for example, the porsche platform we are working for with the start of production with supervision is shared among other brands in the group as well. i believe it will open the door for much, much bigger volumes. the importance of porsche is not specifically the volume production of porsche, but the fact that you have one of the best premium car manufacturers in the world adopting supervision as their redefinition of what premium semi autonomous drivi

charles: ed, thank you very much. i really appreciate you. ed yardeni. >> thank you.ent of justice and gary gensler. circling wagons find out the folks shorting banks. what about retail stocks? they don't look at this. michelle schneider likes consumer discretionary. she will share some of her names next. ♪. mara, are you sure you don't want -to go bowling with us tonight? -yeah. no. there's my little marzipan! [ laughs ] oh, my daughter gives the best hugs! we're just passing through on our way to the jazz jamboree. [ imitates trumpet playing ] and we wanted to thank america's number-one motorcycle insurer -for saving us money. -thank you. [ laughs ] mara, your parents are -- exactly like me? i know, right? well, cherish your friends and loved ones. let's roll, daddio! let's boogie-woogie! your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire lomita feed is 101 years old this year and counting. i'm b

ed: yes in the apple context. meta-sold $8.5 billion last week, only their second ever tapping of the corporate debt market. for them the story is different. they have to work out the working capital and cash flow, operating expenses. zuckerberg is under pressure. apple is in an enviable position, it can manage the cast -- cash position and -- cash position. the focus is shareholder returns. another reason the bloomberg source listed is possible m&a. it's dani: thanks so much, that is ed ludlow and you can catch him as cohost of bloomberg technology in about 90 minutes at noon eastern. that is 5:00 p.m. in london. we will talk yellen and the warming over the debt ceiling, this is bloomberg. ♪ alix: about an hour into the u.s. trading session, volume super light. abigail doolittle is tracking this. abigail: super small, it felt as if we were going to go higher earlier with the futures higher, s&p 500 down. the day is young and we do have light volume. tech is the underperformer on the day, the worst sector for the

final word to you, ed. it is clear people are fed up| ed.other parties to put forward i their case, make it clear what we stand _ their case, make it clear what we stand for. — their case, make it clear what we stand for, which _ their case, make it clear what we stand for, which i— their case, make it clear what we stand for, which i think— their case, make it clear what we stand for, which i think are - their case, make it clear what we stand for, which i think are great| stand for, which i think are great policies~ — stand for, which i think are great policies~ lt— stand for, which i think are great olicies. ., , ~' stand for, which i think are great olicies. ., , ,, ., policies. it does feel like we are already in _ policies. it does feel like we are already in the _ policies. it does feel like we are already in the election - policies. it does feel like we are already in the election even - policies. it does feel like we are i already in the election even though it's a century away in political years. this week, rishi sunak�*s hope that

and this is not the first time that ed sheeran has been sued. profile because it involved marvin gaye's family, marvin gaye's family has also sued other artists including pharrell, who they actually ended up winning that case, but in this instance, they did not, and for ed sheeran and for a lot of people in the music industry, they see this actually as a win for them for them. >> yeah, one of the things at issue, can a melody or maybe even a resemblance to a melody end up being a copyright claim. this is from the katy perry ruling. this is what the judge said, allowing a copyright over this material would equate to allowing or even the minor scale itself especially in light of the limited number of expressive choices available when it comes to an eight note repeated figure. if you know anything about music, there are not that many notes available to you, three chords and the truth anyone? >> as somebody who's tone deaf, i'm the last person to speak. you have a chord progression and the question is are these building blocks, is this a sequence pu