joining us now is alex webb and david kirkpatrick. alex, we have heard this story before.pace, what we have seen is a huge amount of startups being given a huge amount of money. these startups ask why should i take this much money. he raised $2 million and started this company. that is not what happened with waymo or over. those guys have been sued for technology have. allegedly they are doing the same year. emily: david, what do you make of this? obviously be war for tech talent has always been fierce, but now it seems the stakes are even higher. david: allow me to be cynical, because we don't think of china as being the -- of intellectual protection, so i don't think it will yield all kinds of fruit in that area, first of all. second of all, a lot of things are done for if that in this arena and china spends an enormous amount of time and can about chinese companies. -- the chinese government thinking how can we be as good or better than american tech companies. so, i think it probably serves their interest tremendously well as having the same problem as google had and s

we talked to bloomberg technology's alex webb. ex the iphone x was released : six weeks after the iphone 8. there was a fear if they got too close to samsung's high-end smartphone. cory: competition is another part of this? alex: exactly. particularly in china, a lot of the local manufacturers are coming out with products that have very similar features. nobody quite yet has the face identification or the sensor that the iphone has. some of these analysts were writing earlier today, that has not been enough. cory: a big part of the apple isategy of the phones drumming up the marketplace with potentially new applications that we have not seen. the phone could do really cool face recognition stuff. it has interesting features that other phones did not have, but there are not really any uses for them yet. alex: apple is very secretive about what they have in the pipeline, in terms of hardware. when they unveiled the phone in september ahead of its release in that is not a huge timeframe november, for developers to start coming up with

joining us now is alex webb and still with us is david kirkpatrick. ard this story before. alex: a certain amount of dÉjÀ vu. emily: exactly. alex: in this space, what we have seen is a huge amount of startups being given a huge amount of money. they thought, why should i take a paycheck for us which might be huge, but to them relatively small. perhaps this is a case where he has gone out and raised $2 million and started this company. that is not what happened with google and waymo as it is now called. those guys have been sued for technology theft, allegedly. emily: david, what do you make of this? we know the war for tech talent has always been fierce, but now in particular and the self driving realm it seems the stakes are even higher. david: allow me to be cynical, because we don't think of china as being this hotbed of intellectual property protection, so i don't think it will yield all kinds of fruit in that area, first of all. second of all, a lot of things are done for effect in this arena, and china spends an enormous amount of time and can t

and analyst joins us from chicago, along with our bloomberg tech reporter alex webb who broke the storybout , apple. what exactly is apple working on -- it are ready monitors your heart, but this is different. alex: they can monitor your heart rate. but that is in the moment. your heart rate extended over certain period of time. an electrocardiogram, the ekg, the device they are developing what that is able to do is , anticipate future cardiac events. they can see if you possibly will have a stroke or blood clot and should see a doctor. that predictive and preventive and health care is a huge opportunity for apple, potentially. emily: how does this fit into apple's overall plan? alex: the preventive idea is crucial. apple has talked a lot about the prospects for health care, a huge industry. in to grow as much as 1/3 the next 5, 10 years. apple is trying to position the watch toward the health care industry. it senses a great opportunity than just more luxury products. the watch was marketed that way to begin with. it was very much a luxury piece of leisurewear. we have breaking news, e

we talked about that to bloomberg technology's alex webb. ex: the iphone x was released six weeks after the iphone 8. and so there was a fear that maybe if they got too close to the release date of samsung's next high-end smartphone which will probably come in march, there would not be enough demand to sustain the demand they otherwise have to get. cory: competition is another part of this? alex: exactly. particularly in china, a lot of the local manufacturers are coming out with products now which have a better price point than what apple is able to offer but have similar very , similar features. nobody quite yet has the face identification or the sensor that the iphone has. some of these analysts were writing earlier today, that has not been enough to bring up demand for the product. cory: it seems like a big part of the apple strategy of the phones is drumming up the general marketplace of potentially new applications and stuff that we have not seen. the phone could do really cool facial recognition stuff or , but there are not a one of ap

joining us for more is alex webb. alex, the price tag here for shazam was about $400 million. one of the biggest -- bigger purchases apple has made. otherthe tops some of the ones they have done. they do 20 or 30 deals a year. 200 and 400 million is the top end of that. it is not the biggest they have ever made. those also move -- music space. this? why do they arty have an agreement with shazam. why spend the money in buying it? alex: they probably will not make much difference that apple uses at themselves. syria, you can use it to siri, you can, -- use it to identify songs. it prevents other people from using it, like android. the data they are getting, they are getting huge databases of songs and information about those songs. also some data on what people see musical tastes are. one criticism of apple music is it is not good at what your taste might be. --you think about what you what they do in recognizing a song, it could be used in the other way around. you might be able to say, play the song which has the lyrics, and whatever the lyrics might be and it can pull that s

let's bring in apple reporter alex webb in san francisco. ex, we see this every once in a while -- some of the asian reporters and asian analysts will come out and say that there are some contracts that indicate things are not as positive as what had been anticipated. if or when apple does trim its request, its orders, does it do so across all suppliers, or does it take and choose? do we have a sense of how it does things? alex: that is very hard to tell. we do not know who these analysts, or reporters out of asia -- who their sources are. have twothey usually to three suppliers for any component. that is not the case with new components. there is only a select group of people supplying it. if those are sources, it is giving it some credibility. apple does not make a forecast publicly for iphone sales. it makes a forecast for total revenue for the quarter. we do not know whether he took into account some of these reductions, and therefore whether it will carry over into the total revenue goal. i suspect if you look at a five-year chart of app

emily: alex webb and our guest in los angeles, thank you. investing from a venture capitalist.ing at, next. this is bloomberg. ♪ ♪ emily: for 30 years, tim draper has been one of the most successful venture capital investors in silicon valley. he is now turning his attention to how to make it easier for tech startups to go public starting with a special-purpose acquisition vehicle. bloomberg spoke with him about it at the nasdaq earlier today. >> we have been suffering real liquidity block for a long time, ever since the surveys came out in 2004, and all the break relations that followed that have made it more and more difficult for big companies to go public. growth companies to go public. very super large companies can still go public because they don't mind spending $10 million a year to stay public. now that has been a real, it has been a real detriment to the start of community, and four years we had real liquidity problems, and people have filled in many different ways. there have been lots of different creative solutions. my friend came to me with this solution and i wen

alex webb, thank you so much. nicole, thank you as well.ticking with gadgets, with 2017 coming to an end, big tex companies are still fighting to win your heart. and more notably, your wallet. the biggest offerings from apple, amazon, and google? it has been a jampacked year for new tech products. all the big players are buying for every part of your life. google is no longer just a search company. amazon is more than a retail channel. apple more than ever is going for the high end aaron they are all trying to fight to be your number one. ,pple is going for the high end the smartphone but the iphone x. without a doubt, this was the most anticipated gadget of the year. perhaps the biggest iphone update in the company's history. so far it has been a hit with consumers. apple is expecting and $80 billion holiday quarter. google wants to sell you a $400, super loud, high-end speaker that works well with it new pixel to phone. amazon is trying to be everywhere in your room. they have released several speakers. devicen alarm clock and of the futu

joining us now is alex webb. what happened here. >> president trump reach we did three videos posted by britain first, a far right party on the fringes of british politics. they purported to show egregious acts by what it said were muslims. there is no evidence this is the case according to politico asked -- the prime minister condemned donald trump for re-tweaking them. notter was ask why they are taking these videos down. twitter's rationale is that this is newsworthy, which led people to think they were giving the president a free pass. he defines news by being president himself. what they have done now is look at it more closely and said it does not contravene the policies at all. tweeted it,account and jack dorsey retweeted it with a comment on top here at it shows the levels to which executives are getting involved with it and is something considered at the c-suite level, not middle managers for example. emily: what are the implications of this?the criticism of twitter the rules andn enforcement have always

joining us now is alex webb. remind us what happened here. president trump retweeted three videos posted by an activist group called britain a far right party on the fringes first, of british politics. they purported to show three egregious acts by what it said were muslims. there is no evidence this is the case. they say it is dubious to say the least. they issued a statement where because of the response of the videos people have been very upset and theresa may condemned trump for retweeted them. twitter was ask why they are not taking these videos down. aren't they to offensive? twitter's rationale is that this is newsworthy, which led people to think they were giving the president a free pass. he is the president and can say what he wants because he generates -- defines news by being president himself. what they have done now is look at it more closely and said it does not contravene the policies at all. emily: the statement came from jack dorsey himself, quite significant. alex the twitter account tweeted : and dorsey retweeted it with a

technology bloomberg alex webb.nother apple analyst says don't worry, be happy. >> 80 take the numbers for face value, for the production in the march quarter, that would imply about 50% of the phones in the next year will be the iphone x. that is the $1000 phone. investors are expecting that number to be 25 or 30%. never one,ected and number two, i think this is a positive. >> take us back to the fourth quarter of 2017. they brought the a and the 10 at the same time. the 8000 or someone disappointing because everybody was waiting for 10. they will make up for the 10. do we have any indication that they made up for it the fourth quarter with the 10? >> we talked to some of the builders -- the suppliers and they have been struggling to keep up. if you look at the inventory, we look at 140 stores in the u.s. every day and they are just reaching. life. they are at 97% as of yesterday. my point is that if there wasn't a lot of demand for this phone -- the iphone x, you have more that the numbers will be reported in the

. >> alex webb covered apple for "bloomberg in news." "mtp daily" starts now. talking planned obsolescence and katy tur is the in for chuck. >> what? i felt an insult in there. >> no. >> are you saying i'm an upgrade to the 4:00 p.m.? >> exactly. so it's self-deprecating. >> i can stack my papers. can i? >> well done. i can hear it. >> on to the news. >>> if it's wednesday, to embrace or to impeach. that is the question. >>> good evening. i'm katy tur in new york if for which which. welcome to "mtp daily." guys when it

today, we will be talking with alex webb, apple reporter extraordinaire, and andy pollack, tech newsoftbank, the biggest deal in tech this week and for a few months. uber's chancesnk are? is this a change from a terrible year? andy: they hope so. over once a quiet year where they are out of the news. they hope it calls the warring in the boardroom and management if their new ceo approves the support, and we will see. can this be a year that there is more good news for uber? can they expand? can they show that maybe eventually, they will make a profit? those are big questions for them this year. alastair: what about softbank? they have this huge business fund. : if you look at it, all these companies have different strengths and different markets. i do not think people are going to expect there will be five ridesharing companies in any major city. what you will probably get is one of two dominating geographic regions and in a different region, a different company. it is kind of analogous to ining a supermarket chain the u.k. in a different one in the u.s. they do not compete directly.

chance for a late drive that would win but on their last chance of fourth and 20 play daymond webb picks up alexe wins the big ten 27-21. the buckeyes think they belong in the final four. they will find out if they are there tomorrow. auburn trying to dust off georgia for the second time this season in the southeastern conference, anybody's game in the fourth quarter with georgia up by six, jake from files pass -21 seven he breaks free and will be caught and that is a 64 yard score. second-ranked auburn goes down 28-7 at 12 and one, six ranked georgia will have to wait to see how the final rankings shakeup. third-ranked

. >> alex webb covered apple for "bloomberg in news." "mtp daily" starts now. talking planned obsolescence and katy tur is the in for chuck. >> what? i felt an insult in there. >> no. >> are you saying i'm an upgrade to the 4:00 p.m.? >> exactly. so it's self-deprecating. >> i can stack my papers. can i? >> well done. i can hear it. >> on to the news. >>> if it's wednesday, to embrace or to impeach. that is the question. >>> good evening. i'm katy tur in new york if for which which. welcome to "mtp daily." guys when it comes to the big battles facing congress next year, everything will be viewed through a trump lens. whether it's daca, infrastructure, government funding, russia or -- you name it. we end 2017 with republicans warming to trump and democrats warming to the idea of his resignation -- or impeachment. republicans are heading into 2018 with most of their trump critics purged from the party or converted. take senator bob corker. called the white house an adult day-care center and wouldn't support the president's tax plan if it raised the deficit by a p