me kind of >> i'm baidu are asking that question because people have yet to understand what is my role. a historicalind of meaning in terms of someone who need not take a political position or advocate a pull it that particular ideology or political system of thinking in order to be on -- known. my role first and foremost is not political. my role is to be able to help a diverse set of political ideologies to understand the priority we face today about the common interests of the democratic iranian future. i don't have to take a position on whether someone is a socialist or conservative or monarchist or republican or federalist or centrist, what have you. that is not my role. my role is to help as much dialogue and unity of purpose to what is today our first and foremost priority, liberating our homeland. there will be ample time to debate and that is not my cup of tea. political parties will form, they will debate policy. as a result, governments will be formed. the composition of parliament will be changed, as we have seen in this country over the midterm elections, for instance. tha

steel and so on chinese big is not that different from american big if you're ali babar baidu or ten cent you want access to global markets trend is only fourteen percent or so of the world market they want access to the other eighty six percent . banning wrapped not the way to tackle the potentially bad influence of lyrics that's what vladimir putin said reacting to a recent spate of hip hop gigs being shut down by authorities in russia. looks at how live music is generating debate. question what's going on in this video is there to lose. yeah. this guy's cold husky his gig got canceled he got on top of the car and started rapping his rhymes out no mike needed the fans were loving it ok i guess what happened next. he was grabbed by the cops spend a few days behind bars but charges of starting an unsanctioned gathering of people were eventually dropped welcome to the world of russian showbiz and late twenty eight ing the young hip hoppers corner of it. it was the number. one. was that. some of these videos get more clicks on you tube than the number of people in this country gigs hav

that i think the chinese chinese big is not that different from american big if you're ali baba or baidu or ten cent you want access to global markets china is only fourteen percent of her so of the world market they want access to the other eighty six percent and i suspect that they will the fact that they're being shut out of markets that their efforts to acquire by f.b.i. tech firms has been rejected a number of countries has probably gone to the leadership in china maybe this isn't working so well. so the white house has given beijing ninety days to as they put it to actually make things right and that means reform their technology rules open up to your services but i mean these are the demands that u.s. has battling with china now for decades i mean is it naive to think that in ninety days it's just going to all go all be good yeah well i would be surprised if that happened in ninety days i think i think the way some people in ministration are looking at it it's more like a trial or a trial period they want to be able in ninety days to see if the chinese are serious this time about

. >> what about the fact that the chinese have basically a circle around baidu, hauwei and then connected to southeast asia when we can't play in that. i haven't heard about what we could do with google and facebook and others to get into the market or maybe that is unrealistic altogether. >> yeah, um, as you know, we -- i call it siphious plus, i guess firma is the acronym for it and the technology issues, what i call the family jewels, so we've put in tougher rules and we are not ending investment but it was an important piece of legislation, very important to protect us. now i think we do telecom stuff, if you will, better than they do it. which is -- i don't want to make a federal case out of this right now, but that is kind of where the theft comes from, does it not? if they could do it on their own, i presume they'd do it on their own and since they can't seem to do it on their own. >> they're not above stealing it. and i don't know that we'll end that but i could tell you that is -- that whole process, which includes cybersecurity issues, as you know. it maybe comes down -- the mor

baidu has been the biggest laggard, falling 30% this year. joining us to discuss, mike regan.alk us through the losses and whether there is expectation this volatility in tech in particular will continue. michael: tech gets most of the blame for the stock market selloff by merit of being the heaviest weight in the index. i don't think you need to look at the entire market and blame it entirely on tech. if you look at the performance of all the sectors since the last record of september, it is energy, industrial, consumer discretionary shares that are performing the worst. tech is down but it is not just the tech story. we really have to look at the entire market climate in order to figure out when tech can bottom. emily: what are folks saying about the prospect for the big unicorn ipo's next year? lyft, uber, airbnb? michael: this is a big issue. sort of the stereotype is investors get nervous when a flood of ipo's come into the market. that has been credited with being the downfall of the dotcom bubble. so many stocks, it is a supply and demand issue. when you flood with new

amanda: you mentioned partnership with baidu in china.experts warn about state espionage in china. do you worry about that question mark is there irony in that? no, because we are only letting them use our software. we are not codeveloping anything with them. to get the binary they can but not the code. we are aware of potential. problems amanda: is there a government in the world you would partner with in that way? >> hopefully, canada, right? amanda: it would be nice to think so. >> we do reasonably well in other countries. we partner with canada, the u.s. and australia. a: that was john chen earlier today. up, the wall street me too debate continues with the question -- is avoiding women the answer? we will have more next. this is bloomberg. ♪ a this is bloomberg markets. manda:shery: debate on wall street about me to plays out and asks if avoiding women is the answer. our next guest wrote an article about the phenomenon. the reactions range from shock to anger. the angles from your story is from this lawyer who says if a man is concer

baidu, alibaba and others have grown up. there is a power elite system that china is a tech superpower and it's the only rival that silicon valley has so that's a pretty impressive achievement. europeans can only look on enviously. but when you look at what happens on china's social networks, look, for example, at the conversations on we chat. i'm always struck by how much criticism there is. so the last time i was there which wasn't so long before you, joe, that this was at the time when xi jinping had just appeared at military exercises in siberia alongside vladimir putin. and i was shown by a number of friends a meme going around on wichat which was a lengthy analysis of all the things the russians have done to china over the years and all the good things the united states has done for china and in that sense, no matter how much they may have nailed jello to the wall, it's still jello. and i'm not sure it's right to say that they have come up with orwell 2.0. sure, everybody in the world now carries their own portable tel