emily: musical.ly cofounder and ceo alex zhu.sider reports that toyota is close to acquiring boston dynamics. earlier this year bloomberg reported that its current owner google was looking to sell because it was in developing products that could lead be brought to market. toyota is pushing into the robotics world, investing $1 million recently in a new robotics institute based outside of boston. before we go, we believe you with one story we are geeking out about. facebook and microsoft are teaming up to build an undersea cable. it will search 4100 miles. it is designed to have a bandwidth of as much as 160 terabytes per second, the highest capacity of its kind. begin inion will august and is expected to be completed by october of next year. that does it for this edition of "bloomberg west." tune in this weekend for "the best of bloomberg west." you will see all of our great interviews of the week. have a wonderful long weekend, everybody. we will be back on tuesday. ♪ >> from our studios in new york city, this is "charlie rose."

i asked ceo alex zhu to explain why this app is taking the u.s. dience in particular by storm. alex: we have a lot of features relating to social interaction between user a and user b. one of the features our users talk about a lot -- basically, if i create a video based on a specific song, another user can create their version of it and the app will combine two videos into a single video. it looks like a collaboration between user a and b. this generates a lot of conversations between the user and it came from this social interaction. emily: you have a background in enterprise software. you worked at sap for years. you had a completely different vision of this and what it became. alex: i spent a lot of time on sustainability applications but my passion was always in consumer technology and especially in social media. i want to study the humanities, the psychological factors, and how we can make an application that allows people to meet and make some magic together, right? in 2014, i was working for sap in the area of education, doing some research