mediatechrter bibb of capital, thank you for joining us. much more ahead.is bloomberg. ♪ taylor: with just under one euro election,he 2020 u.s. facebook's coo told bloomberg news think this time around will not be the same. >> we think the 2020 election is a massive test for us, and it should be. elections have changed. we have changed as a company. if you look back to 2016, of course we were not prepared for state actors. this new, more insidious stuff, we were totally unprepared. we never thought of it. we missed it. everyone missed it. that's different now. taylor: speaking of being prepared for 20/20, think of the following scenario -- deepfake videos, self driving buses killing voters, chaos in the polls. that's what went on on tuesday not in the actual elections. rather, it was a simulation to see who would win when it comes to safeguarding an election. the event, dubbed operation blackout, was run by a cyber security firm. now, cyber reason's chief strategy officer, and bloomberg technology's cybersecurity reporter. what was the scenario behind this

kathleen hayes joins me in getting insight from their managing partner porter bibb in new york. the movie industry and the theatrical movie industry is not going to last more than five or 10 years, but where disney has positioned itself, it will be the dominant content producer, distributor over the top and streaming. and the market has finally caught up to bob iger and realized disney owns that space. taylor: porter, we could talk about the earnings call and numbers. frankly, no one cares. what numbers do need to see to feel confident they can take on netflix? porter: they are going to lose money for at least four years, maybe a little longer. they are talking about reaching by 2024 -- bob iger has said we will have 50 million paid subscribers. the very smart thing he did right away was price it at an irresistible level. if you are a parent and do not subscribe to disney plus, i think your kids will probably leave home. it has got so much recognizable and irresistible content. no one can touch the huge amount of library material bob iger is making available for $12.99 a month.

taylor: that is porter bibb my colleague kathleen hayes in new york.tock falls after the company released its latest reports. we hear from the c.e.o. a little later. this is bloomberg. taylor: with just under a year to go until the 2020 u.s. election, facebook c.o.o. sheryl sandberg told bloomberg news on thursday things won't be the same this time around. >> we think the 2020 election is a mass i test for us, and it should be. elections have changed. we have changed as a company. 2016, of back to course we were prepared for actors. vulnerable are our election systems to heart attacks? it depends on what you ask. the u.s. government says russia, china and iran will seek to meddle in u.s. elections going forward. joining me wednesday was a pair of ethical hackers. alex from the university of michigan computer science professor successfully hacked voter machines in the past to prove vulnerabilities and the founding partner of cybersecurity form nordic innovations. is many ggest risk don't have a paper record. taylor: do you agree that is also the biggest

bibb, rattle, we will talk with him about his beautiful fashion. astrology. it is an obsession.g to meet two women who run their business and their lives by what the stars say. they make multimillion dollar decisions based on astrology. anybody else in here into the stars? we have some believers. i think mercury is still in retrograde. plus, world-renowned astrologist is here, people pay a lot of money to go to this spot to get into astrology. we will get into it for free. and from "people" magazine's very first kindness issue, john potter, he has given away half of his life savings to complete strangers. he bought a car for someone. if that's not enough, this guy actually donated one of his kidneys. he's going to join us and challenge all of us as we enter the holiday season. how can we up our own kindness game? i don't know about the kidney part but i'm in on the rest. joining the conversation from b5, from durham, north carolina, on w tv i love the haircut. thank you all for joining us. if you want to be a part of the show, you can join us for "cyber hall," go to tamronhallsh

i know we are concerned to bibbs roundhouse but i must say this government, nobody in our enthusiasm reducing co2. we are one of the first european countries to commit to net zero by 2050 and that is what we're going to do. we can do it because we believe in a strong dynamic economy that is delivering the solutions in clean technology that are absorbed by the party opposite. >> on behalf of these benches conifers of all wish my right honorable friend the best of good fortune on the 12th of december? >> hear, hear. >> last week there was some insert. there are 426 people who have very much rely upon the health grant to give them dignity, care, and support. that grant comes to an end in a few years time, mr. speaker. as chairman and on behalf of those 426 recipients, but i urge my right honorable friend to end their uncertainty as soon as possible by signaling a renewal of that grant to give them the peace of mind which i have, hope the whole house would agree they most certainly deserve. >> i i congratulate my honorable friend on everything he does for his constituents and, indeed, fo

porter give, one of them -- porter bibb, one of them.ively moving in this direction. they launched early next week, so we shall see -- they launch early next week, so we shall see. kathleen: su keenan, thank you very much. the latest policy statement from the reserve bank of australia. will they reserve their growth forecast? we will see. this is bloomberg. ♪ here, it all starts with a simple... hello! -hi! how can i help? a data plan for everyone. everyone? everyone. let's send to everyone! [ camera clicking ] wifi up there? -ahhh. sure, why not? how'd he get out?! a camera might figure it out. that was easy! glad i could help. at xfinity, we're here to make life simple. easy. awesome. so come ask, shop, discover at your xfinity store today. >> breaking news from the reserve bank of australia, their outlook for the economy and there are some positive aspects. they do see dwelling investment, and other words new housing is seen as a drag for several quarters. they cut their gdp forecast to 2%% to 2.75%, pushing their inflation out six mo