what consumers want, and that is what jeff bezos is what consumers want, and that is whatjeff bezosying. customers love the transition of prime from two days to one day, and his comments around the earnings we re his comments around the earnings were that this is what the consumers want, i almost don't care what the earnings say. we are doing what the consumers want and that is why amazon is the best company in the world. obviously it pays to be the best company in the world or to make sure customers love you. that was a lot, and it was the first decline in earnings for two years. for as long as amazon has been going they have not had positive earnings for that long. so having a little drop in earnings isn't necessarily going to knock them off track. i wouldn't be surprised if in the next few quarters, when the costs of this prime move are absorbed by the company, if that actually triggers much more profit going forward. so i don't know if bill gates will stay on that pinnacle for too long. i think we could seejeff bezos back there within a year or two. he is going to have to do wit

nearly two years after bezos surpassed him.ezos wouldn't be at risk of losing his title if he hadn't divorced his wife. she got a quarter of their amazon holdings after bezos admitted to having an affair. the fox business networks gerri willis is live at the new york stock exchange. >> you've heard about expensive divorces. this one really takes the cake. bezos' taken amazon was the biggest of the world. he was the biggest billionaire on record. not anymore. he's number two. last night after the company reported worse than expected earnings, he lost $7 billion. but don't cry for jeff because he owns 57 million shares of amazon and it's worth $100.7 billion. number two of course, mr. bill gates, $107 billion in his fortune. i've got to tell you it's been a little rough for bezos. out of the report last night, fourth-quarter guidance lowered holiday season not looking too great and the real news that i think is so interesting is that corner, amazon and their third quarter hired 7,000 people. it's like a cd. so obviously the jobs

trump is a critic of amazon and its ceo, jeff bezos.e accused the company of taking advantage of the postal service, without evidence. and he wasn't like the coverage of "the washington post" which bezos owns. he was involved in the decision following a biography of jim mattis. trump called mattis and told him to, quote, screw amazon out of the chance to bid on the contract. amazon said in a statement, it is surprised at the outcome, at the decision, and amazon web services is the clear leader in cloud computing. >>> ahead, the insanely popular popeyes chicken sandwich isn't too chicken to make a return. cnn business, next. mornings were made for better things than rheumatoid arthritis or psoriatic arthritis. when considering another treatment, ask about xeljanz xr, a once-daily pill for adults with moderate to severe rheumatoid arthritis or active psoriatic arthritis for whom methotrexate did not work well enough. it can reduce pain, swelling, and significantly improve physical function. xeljanz can lower your ability to fight infectio

frank fore a profile of jeff bezos that's worth the time, folks, i spent with it titled "jeff bezos'san five months speaking with current and former employees for the piece. frank, thank you for joining us. >> pleasure. >> for those who haven't read the piece, i'll ask you the question but i know the answer to some degree already what was the biggest surprise for you in this reporting process? because i think you came to this with some pre-conceptions, dare i say, that changed in the process? >> right i've been a critic of the big technology companies i've written a book that describes them as an existential threat i walked away from the process extremely concerned about the concentration of power within one corporation and within one man, but i think what surprised me was the extent to which my admiration for the company and fear were so tangled up with one another that when i look at the company, the thing that is so truly impressive is that one guy is able to press his values out through all 600,000 of his employees. and he's created this business that is spanning off in all of the

jeff bezos of course famously said there's really no way for me to spend all the money i have burned it trying to get in the space but i don't know why i need to the grants in that case in any case that's it by this time you can catch my must on direct t.v. channel 321 dish network 280 or streaming 247 on player t.v. the free t.v. app challenge to 79 or you can always catch is that youtube dot com. in 24 you know bloody revolution to. the demonstrations going from being relatively peaceful political protests to be creasing the violent revolution is always spontaneous or is it your style or here i mean your list put in the new bill is that i do schooling you go to the former ukrainian president recalls the events of $24.00. of those who took part in this today over $5000000000.00 to assist ukraine in these an article that will ensure a secure and prosperous and democratic. and i think that the impedes the elections will be the most. recent american history because the stakes are incredibly party for both sides. from the stake in small just implementation of his domestic politics but a

government entity that doesn't even create any profits for their own right one and then jeff bezos of course famously said there's really no way for me to spend all the money i have. trying to get in the space but i don't know why needs the grants in that case and any case that by this time you can catch the must on direct t.v. channel 321 dish network to 80 or screen 27 on player t.v. the free t.v. app to 79 or you can always catch is that you tube dot com. danny and by north it's so many people because a cop beat him he's so good that even such a bad cop be sending. i'm not killed to dog anybody. i'm here to find the next guy. looked up live on. sunday and fell to feed the dog she went on party at. the click some for the c.e.o. saying to the deflection boards are pretty safe. that is a god given that i got off the mini answer. that he and others are going to write about that. he can bank on he gets nothing like a. long long while and then he goes along the bottom the shopping list which alone can choke a lot older. than to a new person and lead to any $100.00 gandhi the new normal g

zuckerberg versus bezos.his is trending more coming up when "worldwide exchange" returns. >> i'm frances rivera with headlines. heavy fighting in syria. turkey has escalated its invasion on the border with air strikes and ground attacks scenes at local hospitals just devastating. the death toll continues to spike. over 100 kurdish fighters have been killed and nine civilians >> in southern california, the lapd has issued a response evacuations have been ordered and the city has opened emergency centers. in northern california, pg&e has restored services to more than half of the customers affected >>> in japan, a typhoon is expected to make land fall >> as we head to break, check out shares of roku, a wild week for the stock. rbc is back with an outperform rating a new price target, $155 rbc says compelling valuations, strong fundamentals and favorable position stock up in extended tdirang 6.25%. "worldwide exchange" is back right after this it's the number one brand uniquely formulated for silky hair, glowing

bezos transferred a quarter of his amazon stock to an ex-wife mckenzie bezos after their divorce. his fortune is now worth $103.9 billion. not too bad. the top spot belongs to the microsoft founder, bill gates, . >> spend hours on this app and new concerns now surrounding tik tok. it is one of the most popular apps in the world and now some lawmakers are worried the app may pose a threat to national security. here is nbc's hallie jackson. >> reporter: the app that has taken teenagers by storm. now facing a storm of a different kind. accused of posing a possible security risk. with more than 500 million active accounts, tik tok allows short edited video clips from cute pets to epic fails and even celebrities. but now all eyes are on the people behind the app. two top senators targeting the chinese tech company that owns tik tok. in a letter to the director of national intelligence asking for an investigation into tik tok and other chinese-based companies warning they american security when china has data on 110 million americans, who knows what they do with it. >> reporter: the app

talk to your doctor, and call 844-234-2424. >>> jeff bezos making headlines about space.n brennan is there live >> jeff bezos took the stage to receive an award earlier this morning. here's the big news from his time on stage. he announced his other company, blue origin is partnering with some of the biggest companie and most well-established companies in the space industry to bid on the nasa contract to quite literally land humans back on the surface of the moon blue origin will partner with lockheed martin, northrup grumman and draper to return americans to the surface of the moon in 2024 >> this is a national team for a national priority. we could -- i could not be more excited to be doing it with these partners this is the kind of thing it's so ambitious it needs to be done with partners. this is the only way to get back to the moon fast this time we're going back to the moon we're not going back to the moon to visit, we're going back to the moon to stay >> so, through this partnership, blue origin will be the prime contractor it's building the so-called descent eleme

jeff bezos of course famously said there's really no way for me to spend all the money i have burned it trying to get in the space but i don't know why needs the grants in that case in any case that's it by this time you can catch my must on direct t.v. channel 321 dish network 280 or streaming 247 on player t.v. the free t.v. app challenge to 79 or you can always catch is that you tube dot com start to see you next hour. i'm gonna be in by north so many people because a cop beat him he's so bored that even such a bad cop be sending. i'm not filled with love anybody until. i'm healed to find the next guy. talking about getting the booting done the in philosophy that god she even dumped the attempt. to deflect some 40 scio safely to the deflection board discomforted save. that is going to be better than i got up to many observers. that he and others are going to write about. that he can bank on. the look up. a long long while and then he goes along the bottom there's a playlist which alone can shrink a little. man to a new person and lead to knee move 100 gandhi the new normal gandhi

pennsylvania who walked away with $3000000.00 amazon founder jeff bezos ex-wife mackenzie. bezos also add to the list in the 15th slot with a net worth of roughly 36000000000 after receiving 25 percent of the couple's amazon's stock as part of the divorce jeff bezos remain in 1st place at $114000000000.00 while microsoft founder bill gates and investor warren buffett rounded out the top 3 with a net worth of $106000000000.80 respectively it's impressive that fortnight put this man on the forbes 400 list i knew it was popular i didn't know the game was free so i guess it's an even more impressive achievement the gaming industry is like one of the highest growth industries in the world right now and we also forgot bernard are not if this were global let's burn or not is still number 2 globally it on the world's richest investor list. that's it by this time you can catch by must on directv channel 321 dish network out to 80 or streaming 247 on planet t.v. the free t.v. ads tell you 79 or you can always hang out with us and you to god com slash will most artsy you next time. ro

jeff bezos saying, quote, it's the right long-term decision for our customers.b services, the company's cloud computing operation, also showed signs of slowing growth but just slower. bezos lost about $7 billion in personalal wealth and he also lost his title as the world's rich evidence man to bill gates. for now, anyway. >> for now. they're still both doing fine. >>> verizon reporting this morning before the open of trade. an lists predict -- analyst predict a 2% increase in earnings from the same quarter last year. investors will be looking for advances on the 5g front. verizon trying out the technology in several markets. the goal is 30 cities by the end of the year. the company says half of the u.s. will be accessible by next year. cheryl: well, top u.s. and chinese trade officials are set to talk over the phone today. that's just a day after vice president pence gave a major speech on china thats was not as harsh as had been expected but it was still pretty hawkish. >> edward lawrence is in dc with the latest. >> reporter: the chinese announced a series of

look at jeff bezos he would owe 3 million under warren's tax plan, 8 million under sanders' plan.have to sell millions of shares. the other problem with tax and wealth tied to stocks of course is that you have big swings in tax revenues harold hamm was worth 19 billion last october, now worth less than half that his consolation, he would pay $300 million less in wealth taxes because the stock has gone down the issues with wealth tax, this is probably minor, but points to how volatile wealth is today because they're tied to stocks that can swing wildly within a month, let alone within a year >> have we ever seen a proposal similar implemented, if so, what were the consequences? >> the most similar thing is the estate tax, the government says this person just died, what's the value of the estate. with wealth tax, rather than pin to that day, they fwgive you the option of six month period there are all kinds of games accountants and lawyers play for the lowest valuation possible within the six month period. we would have that times ten. >> hang out with us for a bit. all of this ties

will phone some washington post who lost out on the contract and then founder jeff bezos for phones and washington post has gone toe to toe with trump since he took office and many contend that it was gone toe to toe with trump since he took office and many contend that it was those of verbal jousting. the president that last amazon the chance to build the debt is bayes those of staying with the president that lost amazon the chance to build the death machines that the future joining us now for more on the microsoft warmish machines that the few got here under the act for more on the microsoft more machine gun tract is our correspondent america correspondent . well look up you know is our correspondent america correspondent. well look i'm you know i have to say if you go home tonight if you even have intellects ask her hey alexa did you have to say if you go home tonight if you even have intellects ask her hey alexa did you get that $10000000000.00 bed now she's going to have to say no right but you know i get that $10000000000.00 bed now she's going to have to say no right. so ther

generally, shareholders have been very forgiving to jeff bezos and the strategy. scarlet: partly because amazon train them that way. this was a narrative that he pushed on the conference call. that since amazon is spending more, it is entering a new phase where it will spend more for a couple of quarters looking ahead? >> the cfo on the call said this is where we are spending the money, and we think we will continue to spend for the foreseeable future because we think it will drive business long-term. it comes out of the amazon playbook we have seen the last 10 years, and we could be going into a phase where they are in investment mode. historically, investors use that time as a time to back up and buy more amazon stock. amanda: characterize how this fits in with what we are seeing elsewhere. ordersmpanies are saying are drying up, inventories are being affected. do you put that in as a broader economic story? >> we have seen the manufacturing sector in contraction in the u.s. for a couple of quarters, but the consumer has been so strong. that ishe economy, and wh

she and students greeted by amazon founder and ceo jeff bezos billionaire entrepreneur stopped by to encourage students to pursue careers in technology. it took a lot of computer science. >>strongly encourage you guys to keep at this. you learn these kinds of skills and it will change your life. >>the visit supports the company's future engineer program which offers technology education to students in underserved communities, there's more than one 0.4 million computer science related jobs, available right now and only 400 1000 qualified candidates for those roles. so this is a career path that we know is important and could be so great for the students. the program is putting introductory an a p computer science courses and more than 2000 high schools. >>on us and develop a different skill so this give his consent of could i was also getting in and that's what supple correctness you can build a company if you want to you can be an entrepreneur. you can be a program. tech company like google or facebook or amazon. >>noaa's out being given to we just got to grab an on open. >>and it st

the president does not like jeff bezos and amazon because they own "the washington post."ense of what this does for microsoft, jeremy, because this could be close to $1 billion each year of nice cash flow. >> yeah, this pushes microsoft a lot closer to actually being a real rival to amazon. we have described microsoft azure as a rival to amazon web services but it's a chasing rival. it's way smaller, trying to get up to the level aws is at. this is a huge push up, not only in adding to its revenue but taking away potential revenue from aws, and setting up microsoft as the chosen provider for government, aws has made a huge push to get these government contracts. microsoft already had government contracts through office and all of its other services. so it has a little bit of a foothold in there and it's much easier if you are already paying for that type of software and services to just go yeah, layer cloud on top of that, get cloud computing as well. it shows that kind of advantage that microsoft is going to have, which nobody has had an advantage against aws in any meani

trump is a critic of amazon and its ceo, jeff bezos.the company of taking advantage of the postal service, without evidence. and he doesn't like the coverage of "the washington post" which bezos owns. he was involved in the decision following a biography of jim mattis. trump called mattis and told him to, quote, screw amazon out of the chance to bid on the contract. amazon said in a statement, it is surprised at the outcome, at the decision, and amazon web services is the clear leader in cloud computing. >>> all right. here's what to watch today. [ tires screech ] the big idaho potato truck is touring america telling folks about idaho potatoes. and i want it back. what is it with you and that truck? i get it all the time. "have you lost weight?" of course i ha because national lets me lose the wait at the counter... ...and choose any car in the aisle. and i don't wait when i return, thanks to drop & go. at national, i can lose the wait...and keep it off. looking good, patrick. i know. (vo) go national. go like a pro. corrupt president i

. >> amazon founder and ceo jeff bezos paid a visit. it was funded by the future engineer program. the teachers said most of the students had no idea who bezos was. >> did you see how excited the teacher was? those are your "tech bytes." >>> where is that drone going to drop off my stuff? >> i have some ideas. we'll talk about that later. >>> up next, one of san francisco's most popular tourist destinations is getting a huge upgrade. >> and the final trailer for the isal chapter inwaer ge rea >>> welcome back. 4:52 a.m. we have great visibility out there on this early tuesday morning. we have clear skies, and we're on our way to a war of sunshine today. a lot of spots going into the 80s. our warmest spots inland going into the low 90s. kumasi? >>> thanks, drew. a fire forced diners to evacuate san francisco's popular restaurant. it broke out inside the restaurant ateustomer told us t a fire alarm sound inside the restaurant last night but the waiters told them to ignore it. then staff decided to evacuate when another alarm went off. there's no word on what sparked the fire or if an

under the sun either on twitter or in person and then writhing against jeff bezos under the sun either on twitter or in person and then he came out early obviously monday saying that he came out early obviously monday. saying that trump had asked for he wanted this decision to be made asap so that's where had asked for he wanted this decision to be made asap so that's where microsoft that comes into play again it's really not an evil amazon or microsoft that comes into play again it's really not an evil amazon. but then i've got the other one. but then i've got the other one that's still going through because there's another there's the other big dog that we haven't talked about the room with this is google and that's still going through because there's another there's the other big dog that we haven't talked about the room with this is google and you know i want to get this in real quick is that you know let's not forget amazon also owns the cloud computing techniques for you know i want to get this in real quick is that you know let's not forget amazon also owns the cloud computing t

bezos there. >> such as? >> i'd be like, can you give me a job? half a million dollars?> don't you know one of those kids might have been like, can i intern for you? >> you really should. that's how i got an internship back in the day. >> we need that story later. >>> coming up, after being bitten by a snake, singer mike posner's journey across the country on foot. >>> catching up with a -year-old runner who's not too far behind him, 170 days into his own run across america. 've nl like this. olay's retinol24 complex hydrates better than the #1 retinol. visibly smoother brighter skin in 24 hours. a skin upgrade? crushed it. new olay retinol24. face anything.olay. and also available in retinol serum and retinol eye cream. babies aren't fully developed until at least 39 weeks. a healthy baby is worth the wait. ♪ >>> haven't heard that one in a while. the singer/songwriter behind that party anthem may very well be changing his tune this morning. >> mike posner definitely has something to be happy about this morning, though. ♪ >>> haven't heard that one in a while. the singe

more in common with a dirt poor mexican farmer than i have it common with mega rich do spag like jeff bezos or george soros or jay z. thank you. at least the farmer knows what it's like to have to use porta potty like. there's none of those other guys have used one in 3 decades ok but let's be honest the moment that you decide. yeah i'm going in there. that's the moment we're most human. anyway let's get back to the secretary of homeland security kevin mclean and i'd like to play some of his speech that he gave this week because i think it's very important that we as as citizens of this fine nation give him a chance to tell us about all the wonderful things you guys you know maybe he'll tell us how we can fit a child in a small tupperware container maybe maybe he'll let us know how to best teach border patrol agents to be so very racist right here like i could i was trying to figure out do you show them swatches of skin colors and whenever it's darker than say and uncooked marshmallow you might come on the nose and go bad that. please mr secretary tell us your secrets. well i thought it was

previous employer jeff bezos from amazon which owns the washington post many human rights groups here today as well as officials it is a somber day here in istanbul as we were just discussing with matthew the killing may have happened in a saudi consulate which is considered saudi territory but that saudi consulate is right here in the country of turkey and that issue as we discussed it is never ever been resolved as has of course his death. well seeing as we were talking to matthew there about some of the international relations his experience there as the former ambassador u.s. ambassador and as a former white house employee maybe we should focus on the united states as well now because president donald trump has certainly stood by his ally for a very long time on the case of jamal khashoggi even in the face of cia intelligence and opposition from the u.s. congress mike hanna has this report now from washington looking at this relationship between 2 very powerful allies. a gathering on capitol hill to remember. the event arranged by the project on middle east democracy the same orga

and there are many other statements about amazon and jeff bezos. lawmaker on capitol hill, are an ally with amazon, who are wondering if president did politically pressure the pentagon to not choose them, they too have options they can challenge the decision in court. and try to get a judge to overturn or reassess the decision. >> all right, hillary thank you very much. >> so zach. could microsoft have just offered the pentagon a better deal than amazon. >.>> absolutely, the problem is that because president has had such anonymous today jeff bezos because of his ownership of "washington post." whether that was earlier administration it creates a appearance that this is done because of personal peak. presidents have in past like corporate leaders, they say nasting things about them, it is a liability tie for the for govd cause heartache for pentagon to defend this, saying we did this on a purely level playing field, we thought that microsoft was a better choice. >> this is rich. the beauty pageant across united states, said they every city in united

and "washington post" owner jeff bezos paid tribute to slain saudi journalist jamal khashoggi bezos made a brief appearance at a vigil in turkey to commemoratt telling his fiancee her experience was unimaginable. the journalist was a critic of saudi arabia's crown prince, and was murdered at a saudi consulate in istanbul. >> one of the 2020 democratic front runners is cancelling events until further notice. senator bernie sanders is putting campaign appearances on hold after undergoing a heart procedure for a blocked artery his campaign says the procedure went well and he is in good spirits. nbc's andrea mitchell has more >> reporter: senator bernie sanders, one of the most animated candidates on the trail. >> working people are sick and tired. >> reporter: known for his a aerobic delivery and booming voice. >> this is the moment history will judge us by >> reporter: now hospitalized after experiencing some chest discomfort, doctors discovering a blockage in one artery, inserting two stents the procedures involves inserting a catheter tipped with a balloon, which is then inflated to open

. >> i'm jeff bezos. >> oh, my god!> the reaction from the science teacher. >> look at the students. some of them are like, what? who is this? these students were celebrating amazon's future engineer program. bezos shared words of encouragement with the class. look at the teacher still beaming. they say many of the students really had no idea who this man was. thank you, thank you, i was waiting. jobina got it. she got it. >> i'm sorry. >> sorry, jeff bezos. if that were washington state -- >> in a heart beat. >> i'm trying to g back to my program, thank you. >> can you help me reboot the computer. >> we have a flashing screen. >> if this bald man can come and help us. >> i'm sorry. >> somebody knew. the teacher -- >> the teacher for sure knew who that man was in her classroom. >> she got her amazon fire tablet signed. >> i cannot wait to see that again at 6:00. that was amazing. oh, my gosh. >> inside secret, guys. there's only so much news in the day. you have to see things twice, i'm sorry. you're going to see this a

is there trying to put his thumb on the scale, that's a problem it will be the most expensive jeff bezoshe washington post," it has repercussions. the question is what do they do in the situation, do they try to compete, stay quiet, and what precedent does it set for the president to say things like this, to say screw you, if this is true, if the reporting is true, sounds like he started to do it with the post office, he does it with "the washington post," everything else so the question is are these clean, even if they're not quid pro quo, it is like wow, the president is saying something like this does have the force of something. >> it does put amazon in a tough position, they're making a big investment in the d.c. area, you know they want to be a federal contract player. >> right. >> do they want to create more dust around this in particular when there's a lot more technology contract work to be had, even around the edges of jedi they could end up being a significant winner, even though they're not the head winner here we're going to learn something about amazon as an enterprise and

owned by jeff bezos, the richest man in the world.an attorney who represents nick sandmann and he joins us tonight. thanks for coming on here and what does this ruling mean in practical terms? >> what the ruling means is that we do get to proceed with discovery. p although we had overcome some hurdles initially with the court dismissing our first complaint, the judge did allow us to introduce additional evidence, including some video evidence, and some additional allegations against nathan phillips, and now we can proceed. while we are not proceeding with the full complain that we initially filed, but we are proceeding with a different one. >> tucker: there are things you want to learn from "the washington post." what are you looking to learn? >> and litigation like this, what we will do first off is we will ask "the washington post" to produce its emails, its text messages, its internal messaging, which i think they use something called slack not notes, that are related to nicholas sandmann. and then we will review that and figure ou

>> amazon got a pass from jeff bezos. they were losing money, growing the global behemoth. i'm a shareholder with amazon. i have no problem with the expense side of it because i understand with they are building toward. the aws, is really competition. you don't see competition on online e-commerce except from walmart. better competition for the cloud right now i think that is what we're seeing with amazon, they had stood by themselves so long. they are now facing headwinds. connell: would think on the revenue side, susan, that would be, or jeff, that would be, you know something that you could make up. in other words you could have strong revenue even though costs were hurting you, that could cut into profits. >> exactly. >> amazon is a proxy for the consumer. the consumer has had tremendous, a tremendous impact on the market moving up. the consumer has done fairly well but we're beginning to see a pushback. so this might be showing that the consumer is not as healthy as people anticipated. i don't know. we have to look into it, more deeply. but that could be a reality. are

aboutf bezos talking prime and investment in one day delivery. it is a big investment in the right long-term decision for customers. rightill it be the long-term decision for investors. next year 2020 is when they can pull back and it will start to feel growth of revenue and the bottom line? >> that is a great question. just look at history. jeff bezos has no problem making investors wait if he thinks it is the right choice for the long-term. he does not run his business quarter to quarter. he likes to run it in decades. when will that growth materialize? who knows? you brought up a good point about the competitive pressures, so when this bears fruit, that will be the thing that investors will be needling amazon about on a call coming up in a little bit. joe: you have followed amazon for a long time. sometimes it soars, sometimes it tanks. it is not unusual. it has had some pretty big drawdowns. is there anything different about this one, or is this amazon just being extremely volatile? it is volatile. people are always trying to determine the pa

both bezos and musk don't really need capital.hich is why you've got this taking it public and trying to gin up more interest. connell: what did you make of that argument to your point about the margins, being once they get the costs, once they get everything built, that this is a very high margin business and maybe a very successful business, if you have people lined up, maybe not us, but a bunch of people lined up -- >> that is a wonderful thing about projections. you can say they are whatever you want to say. [ speaking simultaneously ] >> i'm skaeepticalskeptical. it's after the first businesses have tried and failed that somebody comes along with a different way of doing the same thing and that's when you start getting your margins. connell: continuing my theme which is out of character to be glass half full here, pretty cool people are thinking about deals like this, you could say. that's still our goal. [ speaking simultaneously ] connell: we don't have the government doing it. is that a good thing? >> yankee ingenuity, if

jeff bezos says it is a long-term investment decision.rope, gearing up to speak with jes staley as we wait for bart staley's -- barclays results to come across the wire. nejra: welcome to "daybreak europe." we have exciting news from barclays, breaking on the bloomberg. third quarter civ revenue comes in at 2.62 pounds. that is a strong beat in the estimate. what barclays does say importantly is that it has become more challenging to achieve the return on tangible equity targets. this is one of the key focuses last quarter that investors are looking to this quarter, as well. they say they are continuing to see and more than 9% return on tangible equity for 2019 and more than 10% for 2020. interesting to see how jes staley says they are going to achieve that. revised. that begs questions about capital return. the cost guidance remains unchanged. last quarter, we saw them say they would get costs down below the lower end of the guidance. more questions around that in terms of how they will achieve that. more details around the other numbers

cheryl: we're not crying for jeff bezos. let's move on to facebook. dan, i will start with you.berg was in front of capitol hill this week, long hours of testimony, was supposed to be about libra, it became about everything else, even antitrust at the end of the day. he was facing questions about is facebook too big. how do you think he did? >> i think he did okay overall but i think what emerged from the testimony as well as the broader story around facebook is the fact that the company has to be more transparent. it has to be more transparent with governments, with regulators and really, its users. but if we step back and think about the value that facebook is able to create both for the users and the advertisers, we see tremendous growth over the next few years, and i say that because if you look at core facebook, we think it remains healthy. we will obviously get a little more visibility and data next week. the instagram asset is performing very well. over the next two to three years, we see additional monetization opportunities with whatsapp, with messenger, and so stepping

when we come back, jeff bezos taking the stage down in d.c. conferences of the year. we're going to fill you in when "squawk on the street" comes back don't go away. rigorous fundamental research. with portfolio managers focused on the long term. who look beyond the spreadsheets to understand companies, from breakroom to boardroom. who know the only way to get a 360 view is to go around the world to get it. can i rely on deep research to help make quality investment decisions? with capital group, i can. talk to your advisor or consultant for investment risks and information. talk to your advisor or consultant but we're also a company that controls hiv, fights cancer, repairs shattered bones, relieves depression, restores heart rhythms, helps you back from strokes, and keeps you healthy your whole life. from the day you're born we never stop taking care of you. >>> millennials be the ones to save us from a recession one makes the case on tradingnation.cnbc.com more "squawk on the street" is coming up. ah! come on! let's hide in the attic. no. i

are people tapping bezos on the shoulder going why bother?drive prime minister adoption. this is really an issue for netflix. this will pressure netflix's subscriber growth. that is the result of all these different services coming on the prime video is also for retention. >> do they need to >> they are going to one day isn't that enough? >> you'd be surprised. people have an attraction to prime video. you take that away, that puts pressure on the prime membership >> you agree >> i do agree on this. i do think it is a retention vehicle. you are siege the quality of prime get better you saw them get eight emmy awards >> bezos doesn't miss an award show >> thank you, guys >> when we come back, capitalism in the crosshairs. our next guest says the attacks are just a smoke screen. and facebook is out with a new feature. we'll fill you in. movies? i'll get snacks! no, i can't believe how easy it was to save hundreds of dollars on our car insurance with geico. i got snacks! ohhh, i got popcorn, i got caramel corn, i got kettle corn. am i chewing to

jeff bezos in the poorhouse.ut $300 million less now than bill gates, if you stack him up to bill gates, and it's because of the amazon stock slide today. of course, he has a lot of stock, that's a big part of his wealth. then also, his divorce earlier this year played a role as well, because his now ex-wife received 25% of the stock. so there's been a bit of stock moving out of his hands. but bill gates, for his part as well, has been giving away a lot of his money. he's given away $35 billion. ashley: bezos lost almost $7 billion in yesterday's slide. deirdre: certainly did. it puts him behind -- i know. at these numbers it all just seems silly, right? ashley: i don't know. what do you say? liz: i can't even fathom what it means to have that. ashley: the fact you lose $7 billion and it's okay because probably the stock will come back probably anyway. deirdre: his net worth is $107 billion. ashley: after the divorce. deirdre: after the divorce. liz: that's about half the value of the russian stock market. ashley

president donald trump and was on both jeff bezos is a vocal critic of the president. is big business in the northeastern u.s. state of maine and the industry had built up a thriving trade with china now the tariff dispute between the 2 countries has caused exports to collapse canadian fishermen a seizing the opportunity while american sellers scramble in search of new markets . maine is renowned for its rocky coasts and indian summers a week or 2 of warm weather that often comes and fall when the brilliant hues of the leaves are a major tourist draw now the a delicate state up in the northeastern most corner of the u.s. has also become a battleground in the trade war with china lobster officials there are being hit hard by tariffs lobster exports to china are down 80 percent and michael libby is feeling the pressure. we have a good chinese market and we ship directly there we get these tariffs that are buying for us the buyer of canada's dad but they're they're buying our products and care of them because they're special terrorist from to the chinese from here so it's

that's going to cost jeff bezos dearly. we figure he could look as much as $7 billion today as stock sinkses in reaction. bezos is the richest person in the world, for now. his loss could be big enough to catapult bill gates back into the position as world's richest, but both are still very rich. google said it made a kwan come step forward. the white house says it was a collaboration between the trump administration, google and uc santa barbara. the trump administration has set aside money for quantum research, but a google spokesperson, i talked to google, who said they've been working on it for 13 years, and that they appreciate any support they have gotten along the ways. this has been on my desk for about 15 years. >> yeah. >> we made this together. >> explain what it is. >> this is 15-year-old technology. this video is from 15 years ago. we made this teacup, right? this is 3-d printing 15 years ago. >> right. >> i want to fast forward to 2019. look what they can do with 3-d printing. this is carbon in redwood city. th

jeff bezos is about to give up the title of world's richest person. shares of amazon are lower right about $8ne point billion of his net worth. , bezos would be worth about 100 lee billion dollars. the new number one -- about 103 billion dollars. the new number one would be microsoft cofounder bill gates. all of this is according to the bloomberg billionaires index. global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ritika gupta. this is bloomberg. guy? thank you very much indeed. coming up later in this hour, mark mobius of mobius capital will be joining us to give us his take. russia delivering a bigger than expect it right cut. we are watching argentina -- bigger than expected rate cut. we are watching argentina. all of that is ahead. this is bloomberg. ♪ ♪ romaine: live from new york, i'm romaine bostick. guy: from london, i'm guy johnson. this is "bloomberg markets." let's check those markets. emma chandra is here with more details. emma: stocks on both s

also on the list for the first time, mackenzie bezos with $36 billion. she became an instant billionaire after her divorce from jeff bezos. >> fortnite is a tree gafree ga? >> it is a free game, but in his pocket is some of my hard earned money. >> oh, yeah, an awful lot of both of ours. >> you're welcome, sweeney. >> thanks to our international viewers. have a great rest of your day. for our u.s. viewers, "early start" continues right now. >>> just hours from now, the first witness in the impeachment inquiry faces congress. what will the former special envoy to ukraine have to say? >>> we have the president of finland. ask him a question. >> i have one for him. i just wanted to follow up on the one i asked you, which is -- >> did you hear me? did you hear me? >> the president unleashing fury about the impeachment probe, lashing out at democrats, angrily refusing to answer reporters' questions. >>> i don't know if this is possible, but can i give her a hug, please? please? >> and a moment like you have never seen in court. a convicted murderer and her vi

bezos the richest person in the world for now. his loss could be big enough to catapult bill gates into the top position. >>> google says it's making the biggest changes to the algorithm in five years. the details are not particularly interesting, budt says tell make your searches noticeably better. earlier this week google said it made a major step forward in quantum computing. the white house re-tweeted ivanka trump saying the achievement was a collaboration between the trump administration, google and uc santa barbara. a google spokesperson points out they've been working on this for 13 years. google tess me, quote, they appreciate the help and support they have gotten along the way. >>> speaking of revolutionary, this is a factory that can make a football helmet or shoes, all kinds of things just by pulling them out of a tub of goo. that's a scientific term, by the way. it's revolutionizing, all happening in redwood city. if that reminds you of terminator, you are not alone. the engineers said, yes, they were absolutely inspir

been the wealthiest man in the world, but because you have given away so much money recently, jeff bezosecame wealthier. if you had stayed in college and gotten your college degree, you do not feel inadequate? is that right? not given sign i have away the money fast enough to drop out of the top 10 in the market has been strong. [applause] up 35% thissoft is year. what do you attribute that? bill: the company is doing super well. the whole dream of the importance of software has really come true. most viable companies in the world are these technology companies. microsoft has a good share of that. i get to spend a six of my time over at microsoft. david: you said the biggest mistake you have made professionally was that microsoft should have had the android technology. why was that the biggest mistake? phil: we were in the field of doing operating systems for personal computers. we knew the mobile phone would be very popular. we were doing what was called windows mobile. we missed being the dominant by a very tiny amount. we were distracted, we did not assign the people to do the work. t

but because you have given away so much money recently, jeff bezos became wealthier. do you think if you stayed in college and gotten your college degree, you do not feel inadequate because you are the only the second wealthiest man in the world? bill: it is a sign i have not given the money away fast enough to drop out of the top 10. the market has been strong. >> the market has been strong. microsoft is 35% this year. to what do you would should be that? , a great ceopany is a whole dream of the importance of software has really come true. the five most valuable companies our technology companies. microsoft has a good share of that. i get to spend a six of my time at microsoft. david: you said the biggest mistake you made professionally is that microsoft should have had android technology? : we were in the field of doing operating systems for computers. we knew the mobile phone would be very popular. we are doing what was called windows mobile. we missed being the operating system by a plenty amount. we had been assigned the best people to do the work. the biggest m

jeff bezos, your newspaper? let me educate your oblivious, deranged newspaper. baghdadi was no scholar. he was a radical islamic extremist, and evil as it will be. he got courted by members of the toughest military heroes on the face of the earth and blew himself up like the coward he is. and baghdadi i'm pretty sure is rotting in hell as we speak and the successful operation was named after 26-year-old kayla mueller, the humanitarian work you may remember kidnapped by isis in 2013 after leaving a doctors without borders facility in syria. killed in an activity 2015, number four being 1 of many americans killed by isis. remember 2014, journalist james foley. by this evil terror group. that same year, another american journalist named stephen saw walt americans who were killed by isis terror attacks all over the world. thanks to president trump, and our brave men and women in the u.s. military. you know how i always celebrate the 1% of those who abuse the powerful tools versus the 99% of the brave intelligence committee, they deserve a lot of credit tonight. than