alisa: i'm alisa parenti from washington. let's begin with a check of your bloomberg first word news. the number of republican senators opposed to the republican health care bill has risen to five. >> this bill is not the answer. i am announcing today in this form, i will not support it. alisa: president trump delivered on a campaign promise, signing a bill to make it easier for the department of veterans affairs to fire employees. the measure was prompted by a scandal at the phoenix v.a. medical center, where some veterans died waiting for care. a military chief will seek a six-month delay before letting transgender people in list according to the ap. service leaders rejected army and air force are west for a two-year way. the defense secretary will make the final decision. the supreme court will issue the last opinion of his nine-month term on monday. the court has six arguments waiting for decision. global news 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. i'm alisa parenti. this

i am alisa parenti. this is bloomberg. "bloomberg technology" is next. ♪ emily: i am emily chang and this is "bloomberg technology." coming up, tech stocks nosedive dragging the nasdaq to its lowest levels this year. we will map the sudden selloff. theresa may's gambit. how the prime minister's move to gain a greater majority backfired and the potential impact on her brexit agenda. apple's potential miss on the upcoming data revolution. why the latest iphone may not satisfy customers' needs for speed. after seeing massive gains this year, big tech stocks came crashing back down posting the biggest losses in months. shares of apple, microsoft, amazon, and facebook are some of the biggest decliners of the day. mike regan joins us from new york. what exactly happened? >> as you mentioned, tech has been on a tear this year. depending on how you look it, tech stocks on the s&p 500 or nasdaq 100 up more than 20% coming into today. and if you overlay on that this notion of how popular factor investing has become on wall street, i

from washington, i am alisa parenti. this is bloomberg. "bloomberg technology" is next. ♪ ♪ emily: i am emily chang and this is "bloomberg technology." the jobs report offers a mixed picture of the labor market. how dangerous is the shortage of skilled workers? walmart is upping its game in its retail rivalry with amazon. we had to arkansas where thousands of shareholders have gathered at the annual meeting. we take a look at the week that was and the major tech backlash facing the white house after president trump withdraws from the paris climate agreement. the u.s. jobs report added 130,000 jobs in may. the labor market getting mixed signals. the on implement rate declining to a 16-year low contrasted with hiring and wage growth that fell behind economists' consensus. the data could indicate increasing challenges to find and hire skilled workers in the united states. gary cohn spoke to bloomberg from the white house and touted the results. >> since inauguration day, the u6 rate is down 1%. we brought back close to 200,000 people that wer

i'm alisa parenti. this is bloomberg. "bloomberg technology" is next. ♪ hyde in: i'm caroline from -- for emily chang. this is "bloomberg technology." -- decidedrs started it was time for travis kalanick to go and the way forward for uber. pomp and pageantry takes center stage in parliament as queen elizabeth lays down the law. brexit and ated by sprinkling of tech. a new front runner has emerged prize race for toshiba's chip business. elect --avis can travis kalanick has officially resigned from the company he founded. bloomberg has just reported he will not receive a severance package. while the surprise resignation clears the way for a new leader, finding someone of the right caliber who is willing to take on such a difficult job won't be easy. uber was already struggling in its hunt for a chief operating officer. now the company will have to find a new leader, one that will have to keep both board members both boardrs -- suit members and investors. kalanick announced he would take a week about -- a leave of absence. t

i am alisa parenti. this is bloomberg. "bloomberg technology" is next. ♪ caroline: i am caroline hyde in london. this is "bloomberg technology." coming up, our exclusive interview with apple c.e.o. tim cook. emily chang will speak with him from apple's developers conference later this hour. the u.k. prime minister calls for greater regulation of the internet halloween the terrorist attacks in london. but tech firms are pushing back. fitbit falls to third place in the wearable device market while apple steals the spotlight. can it make it come like the less come back? apple's worldwide development conference kicked off in san jose, california. we will be speaking with tim cook later for an exclusive interview from the annual event. it is one of apple's biggest events for the year setting the stage for hardware and software that will hit the market over the next 18 months. this year, the company announced updated macbooks and a major overhaul of the operating system and topped it off with something brand-new from the company

i am alisa parenti. this is bloomberg. "bloomberg technology" is next. ♪ ♪ caroline: i am caroline hyde. this is "bloomberg technology" from london. coming up, the tech selloff goes global. investors weighing the sector's biggest names. we will analyze every turn of the worst two days contact this year. uber ousts its head of business. we have the inside track on the surprise exit. he joins us at the launch of london tech week for a bloomberg exclusive. lead, stocks follow around the globe led lower by tech shares. biggeste, it had the decline in almost a year since june 27 of 2016. the slide continued in the united states. some of the largest firms posted the biggest declines including apple, netflix, and alphabetic. oliver renick joins us from new york. you my firstbring one. i am digging into the terminal. 9317. i am looking at the slump in european stocks, down 3.6%. i'm looking at the slump in the u.s. nasdaq in the blue line. we see the biggest two-day selloff, $230 billion of market value wiped off. asia is being hi

i'm alisa parenti. this is bloomberg. ♪ emily: i'm emily chang, and this is "bloomberg technology."oogle searches for answers and an appropriate response after getting slapped with the biggest antitrust fine in eu history. plus, the cyber strike crippling systems across russia, europe, and the u.s. with hiso joins us take on the latest rant somewhere and how to contain the spread. and microsoft continues its thinking inside the box with an announcement today on expanding his partnership with the file terror and the cloud. aaron levie breaks up the tie up. first, a cyber attack is spreading across the globe today, hitting dozens of companies and some government agencies. operators in new york, rotterdam, kiev, and copies like rosneft have all been victims. the strikes follow the global ransom where a salt involving the virus of last month's attack affecting 100 -- affecting hundreds of thousands of computers in more than 150 countries. joining us in london is caroline hyde. what do know right now about the spread? caroline: quite amazing, from chocolate to oil two central banks being

i'm alisa parenti. this is bloomberg. it is after 5:30 p.m.ay here in washington, seven -- 7:30 a.m. wednesday in sydney. we are joined by paul allen with a look at the markets. paul: asx futures looking asong, up by a quarter of 1% the market awaits a key piece of data. first quarter gdp numbers expecting to come in fairly weak, a third of 1% growth. maybe weaker still, because we had disappointing numbers on tuesday, with an expected drag on that exports. australia had 26 years now without ever session, but that could be on the line. elsewhere, nikkei futures looking weaker. we will be keeping an eye on japan for the diplomatic stance on qatar. saudi arabia cutting ties with qatar over alleged terror links. guestsan half of qatar's go for south korea, japan, and taiwan. on china as well, we are updating foreign reserves today. expect to see an increase to $3.046 trillion.and paul allen in sydney. more from "bloomberg technology," next. ♪ emily: this is "bloomberg technology." i'm emily chang. this week, u.k. prime minister theresa may put mo

i'm alisa parenti, and this is bloomberg. 5:30 p.m.ay in washington, 7:30 wednesday morning in sydney. we are joined by paul allen with a look at the markets. good morning. paul: good morning. other big news in the asia-pacific today, the msci confirming that china a shares will be included on the emerging markets index. this is a case of fourth time lucky for the china a shares. no one was quite sure how it was going to go, so watch for reaction in shanghai today. also, just 222 stocks admitted in the index, making up .73% overall. other things to watch, asx features are off considerably, on the oil a percent price. nikkei futures are mixed. watch out for toshiba. there could be a bid on the chip unit today or sometime this week. i'm paul allen in sydney. more from "bloomberg technology," next. ♪ emily: this is "bloomberg technology." i'm emily chang. uber is out with the new, some say long overdue feature, tipping. it is something ceo travis kalanick has been opposed to. now that he is on an indefinite is makingbsence, uber concessio

i'm alisa parenti. this is bloomberg. it is just after 5:30 p.m.day here in washington, already 730 friday morning -- 7:30 friday morning in sydney. we are joined by bloomberg's paul allen. we had some records across the board. paul: that's right. it may be a positive day on the asx as well. we are waiting on some data out of australia. aha new home sales are expected to show a decline of 1.1%. this is after we had 1.1% decline in house prices in sydney and melbourne on thursday. investors in sydney property will be slugged with a new tax. iron or price was also down, heading towards -- iron ore price was also down. bhp saw huge demand for steel in the future as china's belt and road projects begin to ramp up. we have data out of japan today as well. monetary base and consumer confidence numbers, and nikkei futures pointing up. some other data to watch out for, south korea, first quarter gdp is expected to remain steady at 0.9%, 2.7% on the year. more from "bloomberg technology" next. emily: this is "bloomberg technology." i'm emily chang. presiden

i am alisa parenti. this is bloomberg. ♪ ethereum i am emily chang and this is "bloomberg technology." a recap of the second quarter after stocks hit a snag in june. we will dig into the roller coaster covering all the highs and lows. response to the opposition. we will break down a new report that claims to save travelers $27 million and disrupt price gouging tactics i become tells. the new smart watch may be in peril. we will show you the road ahead. the market closes the books on the second quarter of the year. u.s. tech stocks gaining about 4% in the quarter, continuing his recent winning streak. after a strong start, volatility hit tech stocks in june leading to big losses over some sessions. apple and netflix rose marginally in the quarter after posting huge gains at the start of 2017. here to wrap up the second quarter in the markets, we are joined by caroline hyde in london and abigail doolittle in new york. abigail, let's start with you. wrap up a snapshot of the second quarter for us when it co

i am alisa parenti and this is bloomberg. ♪ emily: this is "bloomberg technology."chang. back to our top story, amazon buying whole foods. it is a blockbuster deal. the move has sparked charter on -- sparked chatter on how food tech and delivery startups will be impacted by this megadeal. the acquisition comes to weeks after blue apron filed for a $100 million ipo. joining us is bob o'donnell and our reporter. bob, i want to start with you. you have so many businesses vying for a piece of this market. how does this deal change the game? bob: it dramatically reshapes everything. you have a behemoth that makes all the little players look a lot smaller still. you have the ability and reach amazon has. there are a lot of interesting synergies between amazon and whole foods and what you can do. all of a sudden, it becomes very interesting. when you throw in the amazon wand dash device where you can tie that into your shopping as well, they have a very interesting angle that changes the nature of how we think about groceries. i think that makes it really tough for the lit

i'm alisa parenti. this is bloomberg. inis just after 5:30 washington.joined by paul allen with a look at the markets. paul: futures are not looking much better than the weather, we are waiting on a trade allen's figures or april -- trade balance figures for april. ore price has been coming off, and that follows a week gdp growth on wednesday. our first quarter gdp for japan expected to come in at .6% higher on quarter and improving to 2.4 percent. in may andalance china expected to rise almost 48 $38 billion,-- import growth slowing as well. there is a lot to watch around the region today. i am paul allen in sydney. more on "bloomberg technology," next. ♪ emily: this is a "bloomberg technology." emily chang. earlier today meg whitman hit is seeingand says hpe a slowdown in the cloud. we are wondering whether businesses are rethinking their movement to the cloud and what this means tohpe meg: you have to start with absent data. what might you want in a private -- on premisesth . there is a world for public cloud, but we are seeing issues with cost, clari

i am alisa parenti in washington.china, the state department has approved on sales to taiwan worth $1.3 million. deal with thet self-governing island since president trump took office in congress was notified of this deal today. lawmakers have 30 days to object. -- the chinese president continues his first trip to hong kong since being sworn in back in 2012. he is there to mark the 20 anniversary of the british colony's returned to chinese rule. the territory's the leader will be sworn in on saturday. the president is excited to leave after attending that ceremony. in moscow, a jury of five men -- a jury found tightening guilty of russian opposition leader ofis -- a tough opponent vladimir putin for walking or the kremlin. advisorncis's financial has in terms of multiple sexual assault offenses. iraq says it has reclaimed the landmark mosque in the city of mosul that it last week by the islamic state. troops are pushing through the last neighborhood in that city still held by islamic extremists. in 2014, the islamic s

alisa: i'm alisa parenti in washington, and you are watching "bloomberg technology." start with a check of your "first word news." president trump is going to paris. officepresident macron's says mr. has accepted an invitation to attend -- mr. trump has accepted an invitation to attend bastille day celebrations. two house democrats want details on how much has been spent on trips the president made his florida estate and other properties. they plan to introduce an amendment to the annual defense policy bill that would require the air force to submit travel expense reports to congress. military experts today told the senate intelligence committee there is no question that russia interfered in last year's u.s. presidential election. the witnesses unanimously agreed vladimir putin is the one who ordered the move. venezuelan president nicolas maduro says tuesday's attack on the country's supreme court and interior ministry was an attempted coup. it followed months of deadly antigovernment protests. maduro condemned the violence but said, "we will never surrender." pope fr

alisa: i am alisa parenti from washington and you are watching "bloomberg technology." former fbi director james comey will tell a senate committee president trump asked him to make it known he was not under investigation in his russia probe. comey will also say the president asked for his loyalty and that mr. trump said of the investigation into michael flynn "i hope you can let this go to testifying today, director of national intelligence dan coats declined to say whether trump pressured him on that russia investigation. "the washington post" said the president asked him to intervene with then director james comey and michael flynn in the pressure pro. ts russia probe. tesla is warning that syrian government allies will strike and american positions inside syria if it crosses any red lines. the lebanese military group made the threat one day after u.s. forces bombed forces there. they condemned the terror attack in tehran and are asking for perpetrators and financiers to be brought to justice. the statement was drafted by japan on behalf of countries in asia pacific

alisa: i'm alisa parenti from washington and you are watching "bloomberg technology. fired fbi director james comey will publicly describe conversations with president trump, but stops short of saying if you think the president sought to obstruct justice. he will describe in detail any of his interactions with trump during his senate intelligence committee hearing on thursday. department of homeland security secretary john kelly speaking to a senate panel in washington says the block on president trump administration's travel ban puts the u.s. apparel -- the u.s. in peril. he said the u.s.-led attacks on iraq and syria increase the chances of a retaliatory lone wolf attack on small towns. the mayor of london says he does not care about the repeated insults he has received from the president of the united states asserting today that "he really , couldn't be bothered about what donald trump tweets." he says trump told his comment about no reason to be alarmed after the attack out of context. a u.s. back to syrian force said today it has begun an offensive to capture the

i am alisa parenti and this is bloomberg. it is just after 5:30 p.m.ington, 7:30 friday morning in sydney. we are joined by paul allen. he has a look at the markets for us. paul: we are looking at fairly modest gains on the asx futures. it has been a wild week on the asx. keep an eye on the big banking stocks. this is after the state of south australia announced in its budget it would be hitting the banks with a levy on liabilities, intending to raise up to three and at dollars million in four years. that is on top of the one announced by the federal government in may. they have slammed the policy as a joke. in japan, nikkei futures pointed to slight gains. watching jakarta again after steep declines on thursday for the troubled airbag maker. we are expecting takata to file for bankruptcy on monday. pmi manufacturing we are also watching. more "bloomberg technology," next. ♪ emily: this is "bloomberg technology," i am emily chang. mark zuckerberg has written a new mission statement to give people the power to build community and bring the world closer

i am alisa parenti. this is bloomberg. ♪ emily: i am emily chang and this is "bloomberg technology." tech stocks rally slightly. we will break down all the action. send a $9 billion message. what could be the biggest acquisition to date for the world's largest online retailer. a tech job bonanza unfolds in the u.k. the workforce cannot seem to keep up. why it is still a struggle. first, to our lead. tech stocks started the day lower end made up some losses. fourthl marked of the out of five days the nasdaq has finished lower. joining us to discuss the recent selloff is abigail doolittle from new york. give us a tech roundup. >> we did have tech down sharply, the debt -- nasdaq down 1%, session lows down 1.4%. even so, the nasdaq did finish down 0.5%. it seems we saw a little bit of that mentality overall. to your point about the last five days, the s&p 500 tech index is down more than 3.5%. the worst five-day stretch since the brexit last year. lots of big names participating once again, apple, facebook,

from washington, i'm alisa parenti. this is bloomberg. "bloomberg technology" is next. ♪ emily: i'm emily chang. this is "bloomberg technology." coming up, the u.s. officially takes a step back from the global effort to save the planet. our deep dive on president trump's decision to withdraw from the 2015 landmark paris accord, and how tech industry is responding. plus, a new smartphone to challenge apple and samsung seizes the spotlight. it is designed by the same guy who created android. we will hear from the company about why this so-called anti-iphone is a must-have seizes the spotlight. product. the internet of things to come. chinese giant baidu partners with german automotive heavyweights. first, to our lead. president trump has announced united states will be withdrawing from the paris climate pact and that he will seek to renegotiate the international agreement in a way that treats american workers better. president trump: i'm willing to immediately work with democratic leaders to either negotiate our way back into paris under th

i am alisa parenti. this is bloomberg. ♪ emily: i am emily chang, and this is "bloomberg technology." the text sell outdoors back, dragging shares to the lowest in more than a month. we will chart the wild swings and breakdowns of volatility. plus, blue apron goes public. to little fanfare. why it may have not been a winning recipe for the food delivery company and the growing challenges ahead. 10 years ago today, the world was introduced to the iphone. a trip down memory lane and the changing faces of the smartphone that made apple the world's most valuable company. first, to our lead. for the second time this week am a saw selloff in tech stocks. the nasdaq losing more than 1% to snap it seven-month winning streak. stockscalled fang weighing on the index. joining us from new york to help us dissect the decline, abigail doolittle. across thedown board. tell us about the biggest winners and losers. abigail: today was interesting in terms of the standpoint of the selling going on. at the sellers were in c

alisa: i am alisa parenti, from washington. you're watching "bloomberg technology." senate republicans have delayed the vote on the health care replacement bill until after the july 4 recess. that is after eight gop senators declared they were against it, and a handful refusing to even back a procedural vote on the matter. democrats reacting to the announcement say the fight is far from over, and plan to redouble efforts to defeat it. the senate minority leader says no matter the tweaks made over the next week, the bill is still flawed at the center. he says americans don't want medicaid slashed. democrats reacted to the investment say the fight is far from over and plan to redouble their efforts to defeat it. we really mean it. we are going to do it will more -- do it one more time. clearly this fight is going on. u.s. ambassador to the u.n., nikki haley, says russia and iran are officially "on notice" if syrian forces carry out another poisonous gas attack on rebel forces. president trump ordered a missile strike on syrian targets in april after its military launch

alisa: i'm alisa parenti from washington, and you are watching "bloomberg technology." let's start with a check of your first word news. president trump is urging congress to get moving on immigration reform. he met with immigration crime victims at the white house earlier today. the house votes tomorrow on the so-called "no sanctuary for criminals" act. the move is considered a bid to stop antagonizing the special counsel investigating links between the president pass campaign and russia. rex tillerson is clamping down on hiring. it's part of his push to overhaul his department. in a memo obtained by bloomberg news, bureaus are ordered to suspend all transfers and reassignments and are barred from appointing new envoys -- bureaus are ordered to suspend all transfers and reassignments and are far from appointing new envoys. the u.s. will push for new security on electronics of u.s.-bound passengers. homeland security secretary john kelly said this is a reaction to intelligence that terrorists look to hide explosives in electronic devices. illinois lottery players won't

i am alisa parenti and this is bloomberg. "bloomberg technology" is next. ♪ emily: i am emily chang. this is "bloomberg technology." drone diplomacy at the white house. highlights from president trump's meetings with tech executives and their advice for -- to him on what is to come. plus, a new era at uber. the final moments leading up to travis kalanick's resignation. which investors were responsible for the ouster, and why. and the hero prepares to go public. we are at the noah internet conference in berlin with one of its biggest investors. first, to our lead. president trump continues to welcome u.s. tech leaders this week to the white house as part of an initiative to get the government equipped with the latest technology. today's meeting was around emerging technology like drones and iot, or the internet of things. among attendees, at&t ceo randall stephenson, and venture capitalist steve case. , president trump's main message, remain number one in technology. for more, i want to turn to toluse olorunnipa. he covered th

>> i am alisa parenti from washington, you're watching "bloomberg technology." attorney general jeff sessions testified before the senate today about his role in the firing of james comey and any potential collision between russia and the trump campaign. sessions, who asked for a public hearing, denied he had any additional meetings with that russian ambassador to the united states. not have any recollection of meeting or talking to the russian ambassador or any other russian officials. if any brief interaction occurred in passing with the russian ambassador during that reception, i did not remember. also called it a detestable and appalling lie, to suggest he participated in or was aware of any collusion. meantime, russia's cyber attack on the u.s. electoral system was far more widespread than publicly revealed. according to people with direct knowledge of the investigation, russian hackers hit the road at databases and a total of 39 states, twice as many as previously reported. congressional sources say president trump told republican senators the house health

from washington, i'm alisa parenti. this is bloomberg.bloomberg technology" is next. ♪ emily: i'm emily chang. this is "bloomberg technology." coming up, it is decision time on climate change. will the u.s. back out of the landmark paris accord? we will break down silicon valley reaction in the fight against global warming without america leading the charge. plus, the ai war hits home with apple set to roll out smart speakers. cupertino is playing catch-up. can apple close the gap with amazon and go? cyborgs arrive at morgan stanley to back up its 16,000 financial advisors, but are they an upgrade over the robo-advisors? we will discuss. first to our lead. the paris climate accord could be in trouble. it was just two years ago nearly 200 nations, including the united states, agreed to reduce fossil fuel emissions. this is an effort to combat climate change. terms, itent obama's was a step in the right direction. president obama: this is the moment we finally determined we would save our planet. the fact that our nation shares a sense of u

alisa: i'm alisa parenti from washington. you are watching "bloomberg technology." let's start with a check of your first word news. elgin media reports a person wearing an explosive belt and a backpack has been neutralized at a train station in brussels. people reported hearing sounds of an explosion. officials say it is too early to say whether this is a terrorist incident. calling this incident a disgrace, president trump is laying blame for the death of otto warmbier firmly on north korea. mr. trump spoke in an oval office meeting today with the president of ukraine. he says warmbier's death would have been avoided if he had been brought back sooner. the 22-year-old came back in a coma. the cincinnati coroner's office is investigating. meantime, poroshenko and vice president mike pence had a drop in with president trump and h.r. mcmaster. trump is expected to meet with vladimir putin next month. poroshenko relied heavily on obama's administration after russia annexed crimea rep. officials say voting at polling stations in georgia is going smoothly. karentter run

for more on the implications that want to bring in alisa parenti. what did we learn here today in his hearing? ofsa: there were not a lot revelations. but, what did sessions discuss with president related to the russia investigation? sessions would not reveal any of his invest -- conversations with trump, citing policy. a wanted to know about his conversation with trump about firing former fbi director james comey. he declines. sessions was asked about his contact with russian officials. he called any secession -- suggestion of impropriety a spurious allegation. >> suggesting i participated in any collusion, that i was aware of any collusion with the russian government to hurt this country, which i have served or toonor, for 35 years, undermine the integrity of our democratic process, is an appalling and detestable lie. relatedly, there is the assertion i did not answer senator franken's question honestly in my confirmation hearing. colleagues, that is false. says: sessions that because he has recused himself from the russia pro, he is not received

i alisa parenti. this is bloomberg. bloomberg technology is next. ♪ emily: i'm emily chang.his is bloomberg technology. coming up, the fed high -- that hikes rate. tim cook tells us they are pushing to cars and the competition is taking notice. first, to our lead. federal reserve chair janet yellen forged ahead with tightening monetary policy despite concerns over weak inflation. how will it impact the tech ecosystem, then sure, and how could that trickle down? joining us now, jeremy lou and the first the sea investor in snap. fed officials raising rates, the third time in six months. how does this impact venture capital? flex micro always comes to macro. we are always looking at these early-stage companies. cost of capital are less important than do we believe in the team, do they have a unique insight, can they've built something that will create new habits for people? >> saw they raised with hundred billion dollars to invest in tech. there is so much capital built in the system, how does that change the landscape for you? >> it really is the latest stage companies that ar

. ♪ alisa: i'm alisa parenti in washington. you are watching "bloomberg technology."'s start with a check of first word news. president trump helps the senate version of the obamacare at -- repeal looks out for the american people. >> the senate is working very and specifically defaults in this room, and i appreciate what you are doing, to come out with a bill that is going to be a phenomenal bill for the people of our country. generous, kind, with heart. that's what i'm saying. and that may be adding additional money into it. york, california, and nine other states sued the trump administration today over his failure to finalize energy use limits. the state attorneys general say the new standards would reduce greenhouse gas emissions and conserve enough energy to power more than 19 million households, but the department of energy has not met the requirement to publish them. north korea has released the body of the american college student who had been imprisoned for 17 months. his parents tell the ap their son has been in a coma for more year. he was sentenced in mar

. ♪ alisa: i'm alisa parenti from washington and you are watching "bloomberg technology.ed fbi director james comey will publicly describe conversations with president trump, but stops short of saying if you think the president sought to obstruct justice. he will describe in detail any of his interactions with trump during his senate intelligence committee hearing on thursday. department of homeland security secretary john kelly speaking to a senate panel in washington says the block on president trump administration's travel ban puts the u.s. apparel -- the u.s. in peril. he said the u.s.-led attacks on iraq and syria increase the chances of a

i'm alisa parenti. this is bloomberg. "bloomberg technology" is net. -- next. ♪ ♪ emily: i'm emily chang and mrs. "bloomberg technology." blackberry back under pressure as shares dive less than a year after it went all in on software. we will break down the first order miss that ended the canadian company's 2017 winning streak. suddenly change in china. we have highlights from the biggest stories this week in tech. more portfolios in africa start to diversify from oil, we take a closer look at the emerging. our deep dive into the bc climate on the continent and how it stacks up against the competition. first, to our lead. blackberry shares plummeting more than 11% in friday trading. the company getting a speedbump in its quarterly earnings report grea. the company missed analysts estimates for total revenue. before today, blackberry shares had risen this year. most of its revenue now comes from software. joining us in the studio, cory johnson. and from toronto, garrett did think. why is the stock down so sharply after wha

alisa: i'm alisa parenti in the students that -- thed this afternoon u.s. strongly condemns today's terror attack at a london mosque. a van rammed into a group of ramadan worshipers last night the u.s. said it will provide any assistance to british officials should it be necessary. the driver is under arrest. as sean spicer could be out white house press secretary. two people familiar with the the white house is considering hiring a successor. and japan is investigating an alleged delay in reporting the deadly collision between a u.s. navy destroyer and a container ship. the accident happened about an hour before the philippine crew reported it. dayal news 24 hours a 120 analysts -- over 2400 analysts in over 120 countries. ♪ ♪ i am emily chang and this is bloomberg technology. tech titans gather at the white to talk about the growing divide between washington and silicon valley." sheryl sandberg opens up. she gives us her take on innovation. blue apron prepares to go public ever the shadow of the amazon whole foods deal. we look at how the megamerger news

. ♪ alisa: i'm alisa parenti from washington. with a check of your bloomberg first word news. the number of republican senators opposed to the republican health care bill has risen to five. >> this bill is not the answer. i am announcing today in this form, i will not support it. alisa: president trump delivered on a campaign promise, signing a bill to make it easier for the department of veterans affairs to fire employees. the measure was prompted by a scandal at the phoenix v.a. medical ce

alisa: i am alisa parenti from washington and you are watching "bloomberg technology." president trump today held his first full cabinet meeting in the white house with various members offering praise to mr. trump and his legislative agenda. the president listed trade deals completed during his recent international trip. "the wall street journal" reports they do not have tapes that may have been recorded with former f.b.i. director james comey. the white house says the president would address the possibility the tapes exist when he is ready. the administration's revised travel ban has been blocked by a second federal appeals court. the ninth ciruit in san francisco backed up the previous ruling that the president's executive order targeting majority muslim countries discriminated on the basis of religion. jeff sessions will testify publicly to the senate intelligence panel tomorrow. the attorney general will answer questions about his role in the firing of former f.b.i. director james comey. sessions requested a public event. bloomberg will have live coverage of mr. ses

alisa: i am alisa parenti from washington and you are watching "bloomberg technology."rt with a check of your first word news. secretary of state rex tillerson hopes people keep the decision to quit the paris climate accord "in perspective." speaking at the state department, he said it is important for everyone to recognize the united states has a terrific record at reducing greenhouse gas emissions. he had urged president trump to stay in the paris deal. police have released new video hoping to prompt someone to come forward with more information. the investigation continues into last week's attack that killed 22 people at a concert. 10 men remain in custody on suspicion of terrorism charges.

. ♪ alisa: i'm alisa parenti from washington, and you are watching "bloomberg technology."rt with a check of your first word news. president trump is urging congress to get moving on immigration reform. he met with immigration crime victims at the white house earlier today. the house votes tomorrow on the so-called "no sanctuary for criminals" act. the move is considered a bid to stop antagonizing the special counsel investigating links between the president pass campaign and russia. rex tillerson is clamping down on hiring. it's part of his push to overhaul his department.

. ♪ >> i am alisa parenti from washington and you are watching "bloomberg technology."ajority congressman steve scalise remains hospitalized in critical condition after yesterday shooting. he was hit in the hip and said to have sustained serious injuries. jamesooter, 66-year-old hodgkinson from illinois, was killed by police. the senate voted to increase sanctions on russia and iran and give congress the power to review attempts by the president to lift to that. lawmakers say the fresh sanctions are in response to russian involvement in the election. and, iran's ballistic missile program. they voted to add nonbinding

. ♪ >> i am alisa parenti from washington, you're watching "bloomberg technology."general jeff sessions testified before the senate today about his role in the firing of james comey and any potential collision between russia and the trump campaign. sessions, who asked for a public hearing, denied he had any additional meetings with that russian ambassador to the united states. not have any recollection of meeting or talking to the russian ambassador or any other russian officials. if any brief interaction occurred in passing with the russian ambassador during that reception, i did not remember. >>

. ♪ alisa: i'm alisa parenti from washington, and you are watching "bloomberg technology."t says the u.s. remains open to discussions despite russia's decision to cancel talks. russia canceled meetings in response to a new round of u.s. tensions. washington says they will remain until russia honors its agreements related to ukraine and crimea. the department of homeland security says there is evidence that russians targeted election systems in 21 states last year. the states were not identified, but the affected states are said to be aware. bloomberg reported last week that russian hackers hit systems in as many as 39 states. democrats say they have a better chance of winning dozens of republican house seats in next year's midterm election. that's after the democratic party lost the special election for a georgia house seat. democrats also lost yesterday for a house seat in south carolina. a police officer in critical condition and a suspect in custody today after stabbing -- a stabbing in michigan. all passengers were safely evacuated. jared kushner arrived in jerusalem to

. ♪ alisa: i'm alisa parenti from washington, and you are watching "bloomberg technology."'s start with a check of your "first word news." several world leaders are reacting to president trump's decision to withdraw the u.s. from the paris climate accord. the european commissioner on climate action said "the world can continue to count on europe as a climate leader." belgium's prime minister charles michel called the decision "a brutal act." germany's foreign minister says the u.s. harms itself and the world by withdrawing. house speaker paul ryan commended president trump and called the paris accord simply a raw deal for america. the earliest of the u.s. can

alisa: i am a alisa parenti from washington. you're watching "bloomberg technology."mp says the oh era is over. he criticized his predecessor's signature legislative achievement at a meeting. president trump: obamacare is a disaster, totally dead. we are putting in a plan today that is going to be negotiated. we would love to have some democrats support. we won't get one, no matter how good it is. we will hopefully get something done, something with heart, and very meaningful. alisa: democratic leaders are slamming the bill, arguing millions stand to lose coverage. nancy pelosi described it as mean and heartless. chuck schumer echoed pelosi, saying millions will be kicked off medicaid in three years. former president obama weighed in, called it a massive transfer of wealth from middle-class and poor families to the rich. he said senators on both sides should deliver what the american people need. president trump tweeted today he does not have

. ♪ alisa: i am alisa parenti, from washington. you're watching "bloomberg technology."republicans have delayed the vote on the health care replacement bill until after the july 4 recess. that is after eight gop senators declared they were against it, and a handful refusing to even back a procedural vote on the matter. democrats reacting to the announcement say the fight is far from over, and plan to redouble efforts to defeat it. the senate minority leader says no matter the tweaks made over the next week, the bill is still flawed at the center. he says americans don't want medicaid sla

by my girl because she'd kill me if i don't i said she'd kill me if i don't ♪ ♪ alisa: i am a alisa parentiatching "bloomberg technology." let's start with a check of your first word news. president trump says the obamacare era is over. he criticized his predecessor's signature legislative achievement at a meeting. president trump: obamacare is a disaster, totally dead. we are putting in a plan today that is going to be negotiated. we would love to have some democrat support. but they are obstructionist, they won't support. we won't get one, no matter how good it is. we will hopefully get something done, something with heart, and very meaningful. alisa: democratic leaders are slamming the bill, arguing

. ♪ alisa: i'm alisa parenti in the students that -- thed this afternoon u.s. today's terror attack at a london mosque. a van rammed into a group of ramadan worshipers last night the u.s. said it will provide any assistance to british officials should it be necessary. the driver is under arrest.