what do you make, brad, of what bezos has had to say? brad: it is sort of a measured response, like a mature response consistent with what we have heard from amazon. we welcome the scrutiny. we need to pass it with quote, flying colors, he told the shareholders. i mean, look, he has the advantage that what we have been hearing from washington has been a sort of emotional argument, right, around the post office, postal rates. look, amazon, mary meeker's report from today, amazon got a 28% market share in the u.s., the strongest market, it is by no means a monopoly. you have to sort of redefine antitrust laws to put amazon in the penalty box. and i think he speaks from a position of confidence. emily: we are going to mention some of the highlights from mary meeker's report later. i want to talk about the business. amazon continues to maintain small margins. it used to be a big concern, but recently shareholders have not been saying anything about it at all. and i wonder, you know, are profits and concerns about profits at amazon a thing of

the meeting raised new concerns about the power of bezos and the board.ently adopted a policy that required women and minorities be considered for board seats. we spoke with the c.e.o. of the board list that connects women to serve on public and private boards. >> i applaud any company that takes steps in the right direction. moving toward having a more diverse board will be positive for the company. i think it sends a great signal to other companies. the hope is that others follow, but let's be honest, there is still a long way to go. this is step one. emily: amazon has three out of 10 directors are women, though they are all white, though actually it's above average when it comes to gender representation in similar industries. similar size. is it fair to pick on amazon? >> i think there's always more work to do. right? yes, certainly, fortune 500 companies, 20% of boards held by women. private companies, only 7% of board seats are held by women. amazon is at 30%, but not at parity. there will always be more. emily: one of the issues that has been highli

soledad: bezos says the moon is ripe for colonization. announcer: are you up for a lunar -- [no audio] people - with cameras and a eake s. but the people watching - are far, far away. and what )s next after a hot weekend? kari )s updated forecast ahead f the new week. )today in the bay ) - monday - 4:30 to soledad: amazon founder jeff bezos says it's time for the u.s. to go back to the moon, but this time, we should stay. bezos says the moon is ripe for colonization with sunlight for energy and ice under the surface that could be turned into water, air, even rocket fuel. he says the earth is convenient for humans right now, but two survive, humans will eventually have to leave in a few decades. his spaceflight company called blue origin wants to build a lunar lander in rshipartnewith bezos says if nasa ops out, he is still going to move forward with moon colonization. he is funding his ambitions with his own money and says he will keep going until somebody else picks up the ball or he is broke, which is highly unlikely, considering his ne

yes they absolutely do but let's quickly go through the basics now jeff bezos founder of amazon owns the washington post and he is the richest man alive according to forbes he bought the paper back in two thousand and thirteen for about two hundred fifty million dollars and the story that trump's referring to the washington post publicly calling on bezos to provide better pay and better working conditions let's check let's check it out. i'm fighting for a decent raise because i believe everyone who has contributed to the post success deserves the sure that i'm fighting for a better retirement benefits i'm fine and retain some amount of job security. now bezos has previously been accused of not providing a suitable working conditions and back in april when he went to visit germany to receive an award for business innovation and social responsibility ironically he was met with protests from local amazon employees. ok well thanks for the update on the story to me call live from washington thanks for. the me too controversy has raised many questions for example how long can you stay at a

the washington post and its employees but to remind the viewers the washington post is owned by jeff bezos the founder of amazon and the richest man alive according to forbes he purchased the paperback in twenty thirteen for two hundred fifty million dollars and the story transfer for him to sort of with the washington post union publicly calling on bezos to provide better working conditions and better pay for their workers i'm fighting for a decent raise because i believe everyone has contributed to the post success deserves a sure that i'm fighting for a better retirement benefits i'm fighting and retain some amount of job security but this isn't the first time bezos has been publicly called out for not providing suitable working conditions when he visited germany back in april to actually receive an award for business innovation and social responsibility ironically he was met with protests by local amazon employees and bases responded to the protest saying quote i am very proud of our working conditions and i'm very proud of the wages that we pay claiming that his companies pay much hig

this is the first time bezos has been publicly called out for not providing suitable working conditions when he visited germany back in april to actually receive an award for business innovation and social responsibility ironically he was met with protests by local amazon employees and bases responded to the protest saying quote i am very proud of our working conditions and i'm very proud of the wages that we pay claiming that his companies pay much higher wages compared to others but this petition signed by four hundred washington post employees was indorsed by the president of the united states by a twitter of course now he tweeted a washington post employees want to go on strike because basis isn't paying them enough i think a really long strike would be a great idea employers would get more money and we'd get rid of fake news for an extended period of time but for some quick background trump has publicly feuded with the washington post who he calls fake news for writing negative stories about him but the washington post union didn't appreciate trump's support saying that it wasn't h

some of them had signs, one saying "bezos needs a boss."their members spoke inside for the proposal, saying that amazon should not be structured this way, with the board chairman serving as you -- as ceo. amazon's board recommended to have shareholders vote that proposal down, and it did lose 20% of shareholders, in favor of splitting up the role, but it was handily defeated, and the main argument of the board of trustees against the proposal was, look at amazon performance. we did so well under the existing structure we have, so don't mess with success, was the message they had. >> shares of some iphone display suppliers fell in asia following a report that apple would use ninth generation screens for all of its new models next year. most analysts are skeptical apple could adopt the technology so soon, saying this is unlikely to happen in 2019. >> it seems like a chicken and egg scenario. the big problem is the led display, it is hard to get production levels high quickly. the biggest two manufactures of the technology are samsung, using i

jeff bezos faces protests at amazon's annual meeting.xecutive steps down at royal bank of scotland. plus, more compelling evidence -- conversations amid an anxious week for markets. we have expert perspectives all straight ahead. >> we've seen this environment where there will be some geopolitical news, there will be a spike in yields, and yields will relax. scarlet: this is bloomberg. ♪ scarlet: this is "bloomberg best." i'm scarlet fu. let's revisit some of the week's more interesting interviews on bloomberg television, starting with tom mackenzie's exclusive conversation with morgan stanley chairman and ceo james gorman at the china summit in beijing. james: we have extraordinary global synchronized growth, everywhere from japan through to the u.s. doing well, china doing very well, southeast asia, across continental europe. global synchronized growth. we have had these political eruptions, which is what has disrupted -- whether it is brexit, what's going on now in italy and spain with the coming elections, angela merkel trying to pul

and the story that trump's referring to started with the washington post union publicly calling on bezos to provide a better working conditions and better pay for their workers. i'm fighting for a decent raise because i believe everyone who has contributed to the post success deserves the sure that i'm fighting for a better retirement benefits i'm fine and retain some amount of job security. but this isn't the first time basis has been publicly called out for not providing suitable working conditions when he visited germany back in april to actually receive an award for business innovation and social responsibility ironically he was met with protests from local amazon employees now bases respond to the protest saying quote i am very proud of our working conditions and i'm very proud of the wages that we play pay claiming that his his company pays much higher wages compared to others but this petition designed by four hundred washington post employees wasn't dorst by the president of the united states via twitter of course now he tweeted a washington post employees want to go on strike be

some of them had signs, one saying "bezos needs a boss."their members spoke inside for the proposal, saying that amazon should not be structured this way with the board chairman also serving as ceo. amazon's board recommended that shareholders vote that proposal down, and it did lose i think maybe 20% of shareholders, in favor of splitting up the role, but it was handily defeated, and the maiument of the board of trustees against the proposal was, just look at amazon's performance. we did so well under the existing structure we have, so don't mess with success, was the message they had in response to that. >> it came unexpectedly. we were expecting yesterday at the wto dispute settlement body, that the u.s., the u.s. tr, trade representative, would come forward and start the process for sanctions against the e.u. as result of illegal subsidies to airbus. the result was actually a proposal by the ustr to come forward and say, actually, we are prepared to talk. that potentially averts billions of dollars in potential trade and tariffs, trade

amazon ceo, jeff bezos, is that his running? laid out a plan to use the space venture to set up a moon base. his long game is to pave the way for millions of people to work in space at this as his place. i added that. he says thanks to isis deposits that we mind for everything from oxygen to rocket fuel we could eventually relocate some of earth's industrial activities there and adds a quote, it will start to be easier to do a lot of the things that we currently do on earth in space and it will make this planet better. really? until trump gets up there and build the moon lago. at the very least the moon will need a good romo. >> we had not been back to the moon since 1972 and asked if we ever went in the first place but in 2418 the moon will be awesome. someone has to go first. pony up to space, cowboy. you will get unlimited access. pack everything, nowhere, don't care. with 60% of earth's gravity you will experience weightlessness. plus, with no atmosphere to block the sun you get a better base then -- don't think about it any

bezos has been a space fanatic sin he was 12. got rich for the purpose of going into space. amazon worked better than expected and he is now the wealthiest man the world, ate least for the present. so, as i sat with bezos a couple of months ago he writes a personal check for a billion dollars every year, and no federal hearings, no government regulations, no congressional investigations, just he hires engineers. no long term manage or the mass bureaucracy. he just highs engineers. either by next year or the year after they'll have a rocket called the john glenn, heavy lift rocket, which i reusable, which will lat literately put 5500 pounds into space then the rocket comes back down, get refueled, take another 5500-points into space and the goal is to do it every day. that's one flight per day per rocket. this is a revolution in capability and it's -- the reason i use this example is it's happening around the government, not because of the government. gnat nasa provides certain facilities and nasa has a long track record as the biggest -- but the truth is these four entrepren

and ceo role broken into two, to give bezos more oversight and break up the power and concentration he has over the company. the board was against that. that was one group who had signs and things. there were some environmentalists there. they had a big globe, saying "big size equals big responsibility," basically saying amazon should be a better steward. there was an lgbt group, they are concerned about the search for the second headquarters locations, that several of the states that are semi finalists have laws that are discriminatory against the lgbt population. they were here protesting. they had a big box truck rolling around. there were pilots that fly for prime air, trying to put pressure on amazon to put pressure on their employers to give them a better contract for heir employment. emily: thank you. for more on amazon's agenda going forward this year, i want to bring in our bloomberg global senior executive editor brad stone who wrote all about amazon in his book. let's start with the anti-trust issues. what do you make, brad of what ezos has had to say? we welcome the scru

it is the latest in a series of big-name moves by amazon ceo jeff bezos.emember amazon purchased whole foods last year, and this year they are creating a new venture to reshape employee health benefits. here to discuss we have bloomberg tech senior editor brad stone. also the managing director of oppenheimer, focusing on health care. and on the phone we have george zachary. he invested in pill pack and is on the board. this is after months of speculation about amazon making moves in the pharma industry. how much could this potentially shakeup? >> there were a couple of forms of speculation. we heard that walmart was circling pillpack, and maybe george could tell us about why that didn't happen. two, amazon was looking at taking pharmacy licenses in several states. well now we know amazon outmaneuvered a major competitor and that it now suddenly has mail delivery licenses in 50 states. what does it mean? it means amazon is almost instantly a big player in the pharmacy business. it means that pillpack has more resources now to fulfill its vision. over the lo

retirement benefits i'm frightened retain some amount of job security but this isn't the first time bezos has been publicly called out for not providing suitable working conditions when he visited germany back in april to actually receive an award for business innovation and social responsibility ironically he was met with protests by local amazon employees and bases responded to the protest saying quote i am very proud of our working conditions and i'm very proud of the wages that we pay claiming that his companies pay much higher wages compared to others but this petition signed by four hundred washington post employees was indorsed by the president of the united states by a twitter of course now he tweeted a washington post employees want to go on strike because basis isn't paying them enough i think a really long strike would be a great idea employers would get more money and we'd get rid of fake news for an extended period of time but for some quick background trump has publicly feuded with the washington post who he calls fake news for writing negative stories about him but the wash

bezos made his money, he probably has a cat that he pets.> they all have these ambitions. elon musk is trying to go to mars. who is the other one? branson's trying to do a space ship. >> greg: gay, they'r-- yeah, thl evil. >> i guess that's -- >> greg: you have no response. any other thoughts about the moon before i move on? no? >> it's up there right now. [ laughter ] >> it's waiting for us. i think we should -- i don't want to go. i have a hard enough time here. you know what i mean? but you guys go. have fun. >> greg: tyrus would you go to the moon? >> i would love to. but that whole no air thing, no, i'm not going. if they have amazon on the moon, how long is delivery on that? is that going to affect my prime membership? my favorite godzilla artifact is built on the moon? this sounds great. this is stuff i guess you can -- this is something they do to like hide money or pay less taxes. i'm sure it's -- >> greg: it's thes cayman islands. >> a charitable donation to build bridges on the moon. how much did you use for that, sir? $10 billion

the washington post and its employees but to remind the viewers the washington post is owned by jeff bezos the founder of amazon and the richest man alive according to forbes he purchased the paperback in twenty thirteen for two hundred fifty million dollars and the story trumps referring to sort of with the washington post union publicly calling on bases to provide better working conditions and better pay for their workers i'm fighting for a decent raise because i believe everyone has contributed to the post success deserves assure that i'm fighting for a better retirement benefits i'm fighting and retain some amount of job security but this isn't the first time bezos has been publicly called out for not providing suitable working conditions when he visited germany back in april to actually receive an award for business innovation and social responsibility ironically he was met with protests by amazon employees and bases responded to the protest saying quote i am very proud of our working conditions and i'm very proud of the wages that we pay claiming that his companies pay much higher wa

how much amazon chief jeff bezos is worth coming up.look at markets, looking at a selloff, dow industrials down 326 points as the president is threatening more tariffs coming out of china. the tariffs mostly threats but market reaction indicating people do not want to see this trade war escalate. >> there is hope among investors this issue will be resolved because the small caps do well, tech today, nasdaq is down but tech, a little stronger, the hope lies in their. the us is the strongest economy on the block, you showed some clips and investors are seeing that and getting out of the emerging markets coming to the us. maria: we will turn to the hearings, the bombshell inspector general report, michael horowitz getting ready to testify after he and the fbi director christopher ray faced a barrage of questions before the senate judiciary committee, the hillary clinton email investigation. or and hatch ripping mr. ray over minimizing the issues at the fbi. >> senior agency officials running two of the most important investigations in the

i sat with bezos a couple of months ago.e wrote a personal check for a billion dollars every year. no federal hearings, no government regulations, no congressional investigations. he hires engineers. no long-term planning and none of the massive bureaucracy. by the next year the year after they would have a rocket called the john glenn which is a heavy-lift rocket which is reusable which will literally put 5500 pounds into space and then the rocket will come back down and get refueled and take another 5500 pounds into space. the goal was to do it every day. one flight per day per rocket. this is a revolution. the reason i use this example is it's happening around the government, not because of the government. nasa provides certain facilities and nasa has a long track record but the truth is these entrepreneurs are just doing it. they are not asking permission. they have varying levels of government support. this is what you see happening everywhere. as a firm you can look up called audacity. it's an on line lrning system tha

. >> you would rather cause pain to homeless people than cause pain to jeff bezos. >> jeff bezos issuedand if you cap itch you late at this stage it's as if nothing more than you favor jeff bezos over the working people in this city. liz: seattle now did a 180, they voted to repeal a head tax on the city's largest employers giving a win to corporate companies like amazon and starbucks and now watch this, the plan did pass unanimously with the entire backing from seattle city council just about a month ago. large companies would have had to pay a $275 tax per worker the revenues going toward homeless programs, but even democrats there said wait a second, hold on, companies will pick up and leave creating more joblessness and potential homelessness so the city council did a 180 the majority rejecting the tax my panel joins me now kristin tate, and great to see you both. watch this kristin. even democrats say this head tax doesn't work chicago democrat mayor ram emmanuel said don't do it it's a jobs it will destroy jobs and create homelessness your reaction? >> the head tax would have hurt

bezos' approach to the book business. [applause] jeff bezos is a ruthless monopolies with about as much in the halve of authors and become publishers as, well, donald trump. by the way, book culture on columbus is between 81st and 82nd and we're open until 10:00 p.m. now, it's my great pleasure to introduce ronan fair farrow. from to talk but his very important new book, "war on peace" the end of diplomacy and the decline of american influence. i'm also delighted to introduce james hogue, the former editor of foreign affairs magazine and a very important person in my life. we're fortune to have jimmer into view ronan because of his expertise in foreign policy and also because he is an exemplar of the tough, unflinching quality journalism that is rapidly disappearing in the age of google and facebook. [applause] >> i'm a lucky graduate of what i call the jim hogue school of journal jim. was a reporter for the chicago sun times when jim was editor in chief and then publisher, and much i know but journalistic integrity appli

more troubling for the brick and mortar stores you've got to think so although the days that jeff bezos bought whole foods i happened to be going into one and right there at the entrance was a big poster for selling alexa she got there instantly they have the first mover advantage and smart speakers because they're all over the place it's the world's biggest retailer amazon prime is the walled garden they've got a whole foods they're going to use. some of those toys r us stores is depot so we've read from some of the survey data eighty five percent of consumers will select the products that alexa recommends so if you're on magine that that's a huge deal forty five percent of grocery orders replace existing store online purchases so you talk a lot about disruption on the show and what's cool about amazon recently we talked about netflix they lead by disrupting themselves he bought whole foods. you know it's crazy and it sounds sort of fun and i can see you know add to my grocery list select this this that another thing to talk about a time saver really could be helpful before we go on to

there‘s a certain irony because donald trump cannot stand jeff bezos, we understand, they don‘t see iory about al in the medical industry, and that conversation about artificial intelligence to diagnose and support people in remote areas. with this together, it could begin to support a lot of people. there's the other side. $4 in $10 is spent on amazon. that‘s going to go up to $5 now when you think how much people use the medical facilities! you think how much people use the medicalfacilities! there has to be a point at which — that is slightly terrifying, isn‘t it? one organisation monopolising our whole buying market. i don't think it's healthy for the markets at all. we will see where that one goes. a bit of sport for you, a bit of world cup. what a headline, usa today. worth noting the americans are not in the world cup finals. belgian beating england but both teams trying to lose. you watched the match. i don't think anyone wants to lose a match. any athlete or football player, anyone who has been training for something like this angle dashed this is the pinnacle of their career

bezos and elon musk. they love the rocket business. let them just rent it to them for a lot of money and let them play. they need our land. it's good to be in the raelgtd business. they need our land. let them send up their rockets. let them be the first to mars and we'll take the credit. okay. nasa is vor important and we're involved with that and from a military standpoint. space, you know, about space force but space is a big factor in the trump administration. very important for defense. space force. each of you represent the future of this nation. you aren't afraid to speak the truth and the truth is you know it, to stand up for what you know is right. even if it means being politically incorrect on occasion. i've been politically incorrect a lot and here we are. it's okay, i guess. we believe in free speech on college campuses. not censorship. institutions of higher learning should be forums for open discussion, either way. be liberal, conservative, democrats, republicans. hear it all out and you make your choice. you may not agr

they are all sending up, bezos and elon musk and all of them, they love the rocket busess.hem, just rent it to them for a lot of money and let them play. you know, they need our land. it's good to be in the real estate business. they need our land. you know we have these rich guys. they love these rockets.er [ light laug i said, "lease them the land. charge them a lot." they just want to send rockets. but i look at it with bezo with elon musk, they all love rockets. >> seth: he sounds like a stand up comic trying out a new bit. [ laughter ] "what's the deal with riet guys and ro" [ cheers and applause ] seriously though, why on earth would anyone want their own personal rocket? i mean, sure things are bad right now. eyt it's not like anyone actually wishes ould blast themselves into outer space, right? breaking news. >> we are following major breaking news. president trump getting an another opportunity to put his u stamp on tted states supreme court for decades to come.on justice ankennedy announcing his retirement a few hours ago. >> seth: "hey [ ney, it's me. ght laughte

postmaster general to browbeat her into raising postal rates on amazon as a way of punishing jeff bezoshe "washington post," another attack on the free press. we should have your with the postmaster general to find out is that what happened, what with those discussions like, what was the argument the present was making for raising rates on amazon? and find out whether the president is taking action inconsistent with the first amendment. >> journalist love the free example to which a third area or third additional that you would like to see come testify, something else you want to pull back the curtain on? >> you could probably have any number of hearings on the decimation of the state department, on scott pruitt, any day of the week. but and our committee in the intel committee and vis-À-vis the rush investigation, and issue a very concern is not been investigated in congress, is the issue of money laundering. that is, with the russians laundering money through the trump organization because of this the leverage the russians have of the president of the united states? to me that is far

the postmaster general to brow beat her into raising postal rates on amazon as a way of punis jeff bezos and "the washington post," another attack on the free press. we should have a hearing with the postmaster general to find out, is that what happened? what were those discussions like, what is the argument the president was making for raising rates on amazon? and find out whether the president is taking actions inconsistent with the first amendment. mike: three examples, what's a third area or a third official that you would love to see come testify? something else that you want to pull back the curtain on? mr. schiff: you could probably have any number of hearings on the decimation of the state department, on scott pruitt any day of the week. but in our committee, in the intel committee, and vis-a-vis the russia investigation, one issue that i'm very concerned has not been investigated in congress is the issue of money laundering. that is, were the russians laundering money through the trump organization? is this the leverage the russians have over the president of the united states?

jeff bezos isn't paying them enough. i think a long strike would be a great idea. employees would get more money and we would get rid of fake news for an extended period of time. is wapo a registered lobbyist. striking in many ways for a president to comment about a company in that way and call for getting rid of fake news. that's the president's tweet. what's behind it is unclear, certainly that "the washington post" story today is a head line grabber. alex? >> that tweet, i wish i could comment, i am going to refrain from doing so. kelly o'donnell at the white house. thank you for that. >>> also new, the white house again trying to justify the administration pol separating children from parents once they cross the u.s., mexican border. here is what kellyanne conway said in an interview with chuck todd earlier. >> this is a perilous journey for many of these children, and if people really cared about them, we would figure out a way to get funding to expand the centers and to close loopholes. >> you don't have to be doin

. >>> meanwhile, jeff bezos, warren buffet and jamie diamond name a new ceo bertha coombs joins us for >> amazon, berkshire, and jpmorgan are winning praise for appointing him as the ceo of that new venture the brigham women's hospital surgeon is a well-regarded thought leader and writer and innovator, founded the labs incubator in boston which focuses on improving health system processes he talked to becky quick how we need to improving health outcomes and lives >> even in the united states we have a 20 plus year difference in life expectancy between whether you live to your early 60s or 80s depending on what city you live in and income bracket you're in. >> so while bezos and company talked a lot about lowering costs for employees and using technology, what's striking is that gawande is not a health tech advocate per se he's one of the brightest minds in health care but he needs to come up to speed when it comes to things like commercial insurance and plans in order to succeed in this. guys >> definitely going to be a transition of sorts for him. that's for sure. bertha, thank you. >

jeff bezos of amazon is building his new armstrong rocket.l: right. >> two moon rockets, funded by private enterprise, not a single penny of taxpayer money went into building two moon rockets. this is incredible. neil: their efforts even together, as you know far better than i, doctor, dwarf what the chinese are alone committing to a station initiative. week before last they launched a capsule to go to the dark side of the moon. they're revisiting the moon. they have a ambitious undertaking. i read it will dwarf all other countries and their space commitments combined. what do you make of that? >> the chinese stated they want to put their flag on the moon. we want to make sure the united states is not too far behind. neil: do they want to stop there? the moon fixation, amazes me, if you've been there, done that, conquered that 40 years ago, shouldn't we aim higher or no? >> the goal of nasa now, the new directive, space policy directive number one is use the moon as stepping stone for something bigger and mars, quote beyond. that may mean min

said come i think there will be some a learning curve for consumers, but this was a business -- jeff bezosays that your profit margin is my opportunity. higher profit had margins than conventional grocers so they are going to invest in delivery to gain more market share. oflet's talk about some these new businesses that amazon pairing up with amex, the health care initiative which we know is going to run but we do not know exactly what they are going to do, how big of a piece of a pie are these businesses? business is a multiyear efforts to sell office furniture, artwork, power tools companies. just like they do with credit cards to consumers, they are going to give it to small businesses that use amazon business to buy more so it is a logical step in that breed health care, this is a not-for-profit business. he is their that she is the -- he is there to experiment, i think he is going to have a pretty clear, blank sheet to go and try new things -- ont down on i n unneed businesses. >> germany want amazon and ebay to be liable for a vendor sales tax. do you think this will hurt amazon over

peer to peer protocol that's what that's what we're doing we're going to write the transfer agency bezos i now from my heirs working on a last trade. how that works basically it's a back office function where pieces of paper you know securities and chairs are moved around the system and this is a very expensive way to do things and it's ripe to be deceptive mediated aren't disrupted by block chain because black chain was to completely eliminate all the need for those enter mediation out intermediary steps and so they're up there in toronto and so you've got the task that they have launched and so as a test i'm going. to you know we probably should have launched it before. now that we have some of our minor community working with us with the test net i mean there are troubleshooting and creating more. you know tools and containers and versions of the software and then we would be able to do with with the with just a quick bit group you know i want to employees so it's been it's been very very successful we're very excited about it and it's only a few days and already it's demonstrated so

because you look at what president trump has done with amazon for instance based on the fact that jeff bezo, they own the "washington post." >> what is the at&t have to do with amazon? >> if the government loses this case, i think they will have egg on their face to the point that i do not think they would actually press any other nonsense -- >> is this the government that -- >> no, no, 100% -- >> i think you have to look at it -- >> why don't they go harder? >> absolutely not. if they have egg on their face, they will back off for a period of time. that narrative they could be going after amazon for whatever reason, i think it comes off the table, positive. >> president trump is meeting with canadian prime minister justin trudeau right now let's listen in. >> -- for folks on both sides of the border we both got elected on a commitment to grow the middle class and help those working hard to join it and that's exactly the kinds of things we're going to stay focused on pleasure to have you here. >> it's been really great. justin has agreed to cut all tariffs, all trade barriers, between canad

of the spectrum the rear end of the facts remain if you will and you should and was done ahead jeff bezos is now worth a record a hundred and forty one billion dollars meanwhile worldwide one in ten people only make two dollars a day to not have debt do you know how long it would take one of those people at two dollars a day to make the same amount as jeff bays always has a hundred and ninety three million years and that they only buy single ply toilet paper. and yet there are riots in the streets for the most part right at least not in the us what like why are we ok with it why we sitting here why look like look outside to look like everyone's going to work at gunpoint no we're all choosing to do it so what is what is happening well i'll tell you it's a myth we're all sold myths that are in grange our social programming from birth when i had still soft these men are exempted and basically never questioned so i feel it's my job as year resident fly in the ointment in your your your your turd in the punchbowl your your your rank spot in the bed i'm getting it is my job to lamb all out ther

because he's not the only big business figure in the us thinking about this, there's rumours aboutjeff bezoshat positions have they taken think, what positions have they ta ken before? think, what positions have they taken before? howard schultz has taken before? howard schultz has taken positions on race, immigration, fair taxation, reaching out to both sides on congress. you say race but starbucks has been in the press for the wrong reasons on race. he didn't defend his company, he said it was reprehensible, arresting two african men in a store in philadelphia, he said they need to have a conversation on race. has nailed his political colours on the mast and i don't think he will disappear and write his memoirs, think he will go into politics. henry will be having a strong coffee in our greenroom! he will be back later. let us know what you think about plastics, howard schultz. stay with us on the briefing. also on the programme: the sports team will have a round—up from roland garros, as players get ready for the quarter—finals at the french open. the queen and her husband began their roy

even more troubling for the brick and mortar stores you've got to think so although the day that jeff bezos bought whole foods i happened to be going into one and right there at the entrance was a big poster for selling alexa she got there instantly they have the first mover advantage and smart speakers because they're all over the place it's the world's biggest retailer amazon prime is the walled garden they've got whole foods they're going to use some of those toys r us stores as depot so we've read from some of the survey data eighty five percent of consumers will select the products that alexa recommends so if you're amazon magine that that's a huge deal forty five percent of grocery orders replace existing store online purchases so you talk. a lot about disruption on the show and what's cool about amazon recently we talked about netflix they lead by disrupting themselves he bought whole foods. you know it's crazy and it sounds sort of fun and i can see you know add to my grocery list alexa this this that or another thing talk about a time saver it really could be helpful before we go o

approaching feudal stage of lords and service which is what of course the people in charge like a jeff bezos or a warren buffett desire they don't want active to just.

approaching feudal stage of lords and service which is what of course the people in charge like a jeff bezos or a warren buffett desire they don't want active participating politically aware individuals voting their cronies out of office so this is how they're doing it they're taking all the equity shareholder rights to won't be any shareholders therefore no shareholder rights actually in the next episode will cover another executive at the f.c.c. also said they have to reconsider the share buybacks because they said basically it is plundering america and there doesn't seem to be it doesn't seem to be adding any wealth to america the share buybacks and in fact these executives are just using it as an opportunity to dump their own shares at a higher price. before i was sorry it was low yes as a result of the securities act of thirty three and thirty four in that period and then they brought it back in to enrich a bunch of corrupt c.e.o.'s right well anyway jay clayton says that the fact that there are fewer shares available for the public to buy this is feeding the demand for these i.c.'s by

peer to peer protocol that's what that's what we're doing with aggregate right the transfer agency bezos i know from my heirs working on wall street. how that works basically it's a back office function where pieces of paper you know securities and chairs are moved around the system and this is a very expensive way to do things and it's ripe to be distance or mediated aren't disrupted by block chain because block chain was to completely eliminate all the need for those enter mediation our intermediary steps and so they're up there in toronto and so you've got the task that they have launched and so as a test i'm going. to you know we probably should have launched it before. now that we have some of our minor community working with us with the test net i mean there are troubleshooting and creating more. you know tools and containers and versions of the software and then we would be able to do with with just a quick bit group you know employees so it's been it's been very very successful we're very excited about it and it's only a few days and already it's demonstrated so it's very cool so

peer to peer protocol that's what that's what we're doing we're going to write the transfer agency bezos i now from my heirs working on wall street. how that works basically it's a back office function where pieces of paper you know securities and chairs are moved around the system and this is very expensive way to do things and it's right to be distance mediated or disrupted by block chain because block chain would. to completely eliminate all the need for those enter mediation our intermediary steps and they're up there in toronto and say i've got the task that they have launched and so as a test i'm going to stick you know we probably should have launched it before. now that we have some of our minor community working with us with the test net i mean they're there they're troubleshooting and creating more. you know tools and containers and versions of the software and then we would be able to do with with just a quick bit group you know employees so it's been it's been very very successful we're very excited about it and it's only a few days and already it's demonstrated so it's right