tom rutledge, the charter chairman and ceo, along with bloomberg news' alex sherman. go straight to politics. hillary clinton eked out a very narrow victory in kentucky last bernie sanders took oregon, illustrating a deepening divide among democrats. who better to ask about this than the former head of the democratic national committee, virginia governor terry mcauliffe? i know you are in boston right now on a marketing and trade mission. by asking yout about this narrow victory that bernie sanders complained -- proclaimed last night he would continue to contest. that spells trouble. governor mcauliffe: i served as the chair of hillary's campaign eight years ago. we went all the way to june. hillary actually won north dakota running against then senator president obama -- then senator obama, now president obama. we went through this eight years ago. at that time, i remember supporters coming up, saying, oh, we would never vote for senator obama. once we got through the process, closed it down, went through the convention, we were so unified as a party and president ob

alex sherman, here at bloomberg news, m&a reporter, who actually broke this story.up, silicon valley and washington at war over security and privacy. is there a middle ground? we will talk extensively to the information security officer -- exclusively to the fbi's chief information security officer later in the program. ♪ shery: this is bloomberg markets, i am shery ahn, standing in for betty liu. tensions between silicon valley and washington seem to be at an all-time high. the biggest flashpoint, the encryption standoff between the fbi and apple over the san bernardino phone. that battle is over, but the cyber wars have just begun. arlette hart,g in chief information security office and the fbi. she joins us from the bloomberg breakaway summit here in new york. is the biggest challenge the fbi faces these days on cyber security? so, i am focused on the different of the fbi, so from the defense of the fbi perspective, and also, i think from the defense of the entire country at that level, what we are really facing is a lot of varied threats to the security of our i

emily: alex sherman, shira ovide, and noah buyohor. thank you all for weighing in.ooking at some of the filings of major investors, david tepper's shed his apple stock, while bridgewater associates cut its investment by two thirds. carl icahn exited stakes in six companies, including apple, last month. coming up, could didi chuxing be the first ride-hailer to go public yet go we will break down on how -- breakdown how apple's investment could pay off. our next guest discusses why one city could snatch the title of the world's most innovative tech hub in the near future. ♪ emily: to a story we are watching, facebook ceo mark zuckerberg has invited a group of conservative leaders for a meeting at the company's headquarters in menlo park. according to the associated press, attendees will include radio host glenn back, former white house press secretary dana perino, and donald trump campaign advisor barry bennett. this after reports that facebook employees are more involved in choosing stories for the trending topics section than we have been led to believe. next contra

let's get alex sherman for a closer look at what is happening. breaking news at&t and other bitter. is weird because we were told about six weeks ago that at&t was not going to submit a bid for yahoo! and others followed our reporting on that. heard at&tlications was not going to bid for yahoo!. what we have learned is that they have bid and are still in the mix. rivalre verizon's biggest . we thought and at&t bid for yahoo! made some sense. these onlineo have media access and it would behoove at&t to at least look at yahoo!, to challenge verizon's dominance there. so that was a bit of a surprise when we heard they were not going to bid. this is less of a surprise if you backup the lens and it perhaps put pressure on verizon to up its bid if it really wants yahoo!. we have learned verizon submitted a bid that was not one of the highest, which has links in this process to some degree. verizon knows the business so well that yahoo! wants to find out that if we are not going to sell to verizon, someone is going to outbid verizon, do they understand the business? this goes to private eq

bloomberg news alex sherman caught up with the ceo to ask what changes time warner customers can expecttakes the reins. >> when we get what we call spectrum services deployed, that means we will have a state-of-the-art interactive user interface with search and discovery of content. we will integrate over-the-top services with that product so you will be able to search and see content in a seamless way, whether it is an over-the-top service or a service delivered by us. we will take your data speeds up and put a two-way interactive outlet on every tv you have so you have an on-demand on every outlet. and a full range of services i just discussed. we will price and package everything in a compelling way so that it is competitive and better than what our competitors offer, and we will put that with a voice product that is fully featured, a data product that is faster than our competitors, and a video service that is better than our competitors, all hd and all interactive on every outlet. and backed up by a great service proposition. >> one of the things you acquired with time warner is se

alix: i want to bring in alex sherman following this story for us.the race for yahoo!'s core business? >> i am not sure how much it does. it is a little surprising that yahoo! is up 3% just on the news of another bitter. that might you little bit of the warren buffett premium. if warren buffett is financing a deal, he probably know something. so maybe yahoo! is not a complete mess, which is what i think the general consensus on wall street has in over the past three months. others pressure on the bidders even if he is not successful that they need to up the bid and that might be why yahoo! shares are arriving today. we really do not know how likely or not likely the combination is to eventually win yahoo!. away from my reporting on the sus -- on the subject, so i would not be surprised if we heard anything in the intermediate about who will come forward. i think verizon makes more sense as a buyer because it brings all of its synergies. you would imagine they are willing to spend money on yahoo!, a bigger version of aol. in the bid, it is hard to see

from: this is coming to us alex sherman. you can see the shares still down. they did take a leg up after those headlines crossed. at&t supposedly said it was not in the bidding for yahoo! and now according to our reporting is one of the suitors. at&t shares little changed. ourrty media according to reporting is not likely to be a winning bidder. timeill have a little more to talk about this. the bit is not due until next week and hopefully we will figure out which one of these companies will be the winning bidder for yahoo!. let's check in on the bloomberg first word news with mark crumpton from our newsroom. mark: a state department audit is blaming hillary clinton and previous secretaries of state for poorly managing e-mail and other computer information according to the associated trust, which obtained a copy of the report by the agency's inspector general citing long-standing, systemic weaknesses related to communications. these started before mrs. clinton's appointment, but her failures were singled out as more serious. house speaker paul ryan has told c

coming up later in the day, 10:30, betty liu and alex sherman speaking with tom rutledge. 2:00 p.m.,bout 26 minutes into the session. stronger dollar story. all of that ahead of the fed minutes. ♪ betty: 10:00 a.m. in new york am a 3:00 p.m. in london. live from new york, i'm betty liu. mark: i mark barton. this is bloomberg markets on bloomberg television. betty: we will take you from new york to london to boston in the next hour. shares of target are tumbling after first-quarter sales missed analyst estimates. the discount chain delivered a disappointing forecast. we will preview the latest fed minutes which come out a bit later area at how concerned is janet yellen about a potential brexit? will it affect the fed interest rate decision next month? betty: we will talk with charter communications chairman and ceo tom rutledge as he completes a $55 billion purchase of time warner cable. what will that mean for the future of the cable industry? let's hedged trade to the markets desk where julie hyman s

let alex take your office and deal with the minute to minute stuff. we had just been given the sherman adams office in the end, as a gesture to the vice president agnew. the last guy you want to give an office to, because he has a beautiful office up on the hill as president of the senate and he's got one across the street bob just went over and said ted, to spiro agnew, we're going to have to take it back. he only used it for a few ceremonial things and he was happy to do it. bob took that grand office. and bob was bob haldeman, the grand mogul. >> you had the office right next to the oval office, with a special door that went from your office to the oval office to nixon's office. >> right, through a little passageway and small room, which president clinton made favorite. >> it's the private office off the oval office. >> it's not even a private office. there is a cot in there and a desk and a little hot plate and a toilet. >> well, it was private when president clinton used it, i guess. >> well, yeah, it's always been there, and it's always been private. you do have to go through tha