and bloomberg tech is live streaming. check us out at bloomberg tech tv. is is bloomberg. ♪ emily: tech earnings in full swing. alphabet reporting a revenue of billion. they are surging 5% in after-hours trading, well above $1000, an all-time high. google's ad business continues. the company is showing out over $24 billion in revenue. i spoke with cfo ruth porat earlier. she also called out the other bets segment in this particular quarter. for though, i speak with ben ceo of adparlor and former coo of google europe. the billion -- this is money google paid for apps like youtube, front and center. on the phone, when i asked ruth porat about acquisition costs, she said the business is growing substantially. they partner in the ongoing shift to mobile, which he or he's higher acquisition costs in a glowing -- which carries higher acquisition costs in a growing area. how much of a concern is this? the reality is, a lot of mobile companies are increasingly monetized, and they are looking for -- what is the maximum they can squeeze out of the revenue shares from

check us out at bloomberg tech tv. that is all for now. erg. ♪ >> the following is a paid program. the opinions and views expressed do not reflect those of bloomberg lp, its affiliates or its employees. the following is a paid advertisement for the trigger renegade elite. announcer: the traeger renegade elite is the most versatile grill you could ever own. traeger renegade elite is a superior grill that gives you that delicious wood-grilled flavor every time. taste the difference. the traeger renegade elite. greg: i am greg. this is danielle.

bloomberg tech is live in streaming on twitter. this is bloomberg. emily: the stock we are watching, advanced micro devices, plunged more than 13% in the session. its worst performance in five months. shares are under pressure after the company reported fourth-quarter revenue may drop 15% from the previous quarter. meantime, the company reported a profit and sales beat in the current quarter. turning to a bright spotlight in today's mixed bag of earnings, akamai technologies, a provider of content delivery and cloud security posted revenue earnings that topped estimates thanks to strong video traffic from large customers. tom layton, the ceo of akamai technologies, expanded on the company's performance earlier. >> yeah, i think so. people are watching a lot more video online, at higher quality levels. as much as that's happening, it is really the tip of the iceberg. we gave an example on the call. we had 60 terabits per second last quarter. what is that? that is 12 million people watching at reasonable quality levels. you can imagine a future world w

check us out at bloomberg tech tv weekdays. that is all for now. ♪ carol: welcome to "bloomberg businessweek," i'm carol massar. julia: and i'm julia chatterly. we're inside the headquarters in new york. carol: more details about the crisis in puerto rico. julia: steve bannon's crusade in china. carol: what it is like living next to america's number one -- julia: all that and more on "bloomberg businessweek." ♪ carol: we are with the editor in chief megan murphy. in opening remarks you look at puerto rico.

bloomberg technology. we will bring you all the latest in tech throughout the week. l episodes of bloomberg technology are screaming live on twitter. you can check us out weekdays. that is all for now. this is bloomberg. ♪ carol: welcome to "bloomberg businessweek." we're inside the magazine 's headquarters. in this week's issue, how side to what may be the most valuable supply chain in the truck business, how snapchat resists propaganda, and rolls-royce shows us how the wealthy love to drive. all that ahead on "bloomberg businessweek." ♪ carol: we are here with the editor-in-chief, megan murphy.

check us out at bloomberg tech tv. that is all for now. julia: welcome to "bloomberg businessweek." we are in magazine headquarters in new york. today, how to measure the legacy of the chinese premier. plus the towns and factories in mexico that form the backbone of the global economy and who are not afraid of president donald trump. plus, a look inside the most expensive house in the global property market. all of that ahead on "bloomberg businessweek." ♪

check us out at bloomberg tech tv. that is all for now. david: when you told people you would raise a $100 billion fund, did they tell you you were crazy? did you suffer discrimination in japan? masayoshi: that made me stronger. david: how did you feel losing $70 billion of net worth? masayoshi: i was so close to fall down from the cliff, we almost went bankrupt. somehow, i survived. >> would you fix your tie, please? david: people would not recognize me if my tie was

bloomberg technology. we will bring you all the best in tech throughout the week. mberg technology or live streaming on twitter. check us out at bloomberg tech tv. that is all for now. this is bloomberg. ♪ is this a phone? or a little internet machine? it makes you wonder: shouldn't we get our phones and internet from the same company? that's why xfinity mobile comes with your internet. you get up to 5 lines of talk and text at no extra cost. so all you pay for is data. see how much you can save. choose by the gig or unlimited. xfinity mobile. a new kind of network designed to save you money. call, visit, or go to xfinitymobile.com. ♪ announcer: the thrill of living well is in the pursuit. the pursuit of the rarest experiences. the pursuit of the finest products. the pursuit of quality in everything you do. and in all of these pursuits, you need the best intelligence to make the best decisions. >> we know that she sells for a lot, but what makes her important? >> it isn't easy. it's difficult work. announcer: welcome to "bloomberg pursuits," where you find informati

check us out at bloomberg tech tv. that is all for now. this is bloomberg. ♪ is this a phone?chine? it makes you wonder: shouldn't we get our phones and internet from the same company? that's why xfinity mobile comes with your internet. you get up to 5 lines of talk and text at no extra cost. so all you pay for is data. see how much you can save. choose by the gig or unlimited. xfinity mobile. a new kind of network designed to save you money. call, visit, or go to xfinitymobile.com. ♪ michael: coming up on "bloomberg best," the stories that shaped the week in business around the world. daily drama in a d.c. twitter, taxes, trade, and turkey. just some of the trending topics. >> you play this forward and terms of tax reform every vote , counts. >> it looks almost like a strategy the trump administration has put a kibosh. >> a is a slow but systematic attempt to remove the nuts and bolts of the affordable care act. >> earnings season begins with a bang, with big banks reporting. the crisis in catalonia continues. >> for 10 seconds catalonia was an independent republic. >>

bloomberg technology." we will bring you all the latest in tech throughout the week. tune in each day 5:00 p.m. p.m. in san francisco. remember, all episodes of "bloomberg technology" are live streaming on twitter. you can check us out at bloombergtechtv weekdays. that is all for now. this is bloomberg. ♪ who knew that phones would start doing everything? entertaining us, getting us back on track, and finding us dates. phones really have changed. so why hasn't the way we pay for them? introducing xfinity mobile. you only pay for data and can easily switch between pay per gig and unlimited. no one else lets you do that. see how much you can save. choose by the gig or unlimited. xfinity mobile. a new kind of network designed to save you money. call, visit or go to xfinitymobile.com. carol: welcome to "bloomberg businessweek." we're inside magazine headquarters. and this week's issue, how -- a deadly side -- how snapchat resists propaganda. and rolls-royce shows us how the superrich and royalty like to drive. all that ahead on "bloomberg businessweek." ♪ carol: we are here with the

bloomberg technology." we will bring you all the latest in tech throughout the week. tune in each day 5:00 p.m. 2:00 p.m. in san francisco. remember, all episodes of "bloomberg technology" are live streaming on twitter. you can check us out at bloombergtechtv weekdays. that is all for now. this is bloomberg. ♪ retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. announcer: the thrill of living well is in pursuit. the pursuit of the rarest experiences. the pursuit of the finest products. the pursuit of quality in everything you do. and in all of these pursuits, you need the best intelligence to make the best decisions. >> we know that she sells for a lot, but what makes her important? >> it isn't easy. it's difficult work.

bloomberg technology." we will bring you all the latest in tech throughout the week. tune in each day 5:00 p.m. 0 p.m. in san francisco. remember, all episodes of "bloomberg technology" are live streaming on twitter. you can check us out at bloombergtechtv weekdays. that is all for now. this is bloomberg. ♪ ♪ i'm done. done with figuring it out for myself. i'm done with surprises. i'm done with complicated. if you're on medicare, and ready to be done with complicated, turn to unitedhealthcare and our medicare advantage plans... like aarp medicarecomplete. these plans can combine your hospital and doctor coverage, with prescription drug coverage and more, all in one plan for a low, or even no, monthly premium. so call now.lan for a low, or even no, monthly premium. so call now. we can answer your questions, even help you enroll. i deserve to get the most out of my plan. we'll make sure your doctors are all connected, you know what your copays are... and you can save on prescriptions; plan members saved an average of over 5000 dollars last year. medicare open enrollment ends december 7th. if you'r

bloomberg technology." we will bring you all the latest in tech throughout the week. tune in each day 5:00 p.m. m. in san francisco. remember, all episodes of "bloomberg technology" are live streaming on twitter. you can check us out at bloombergtechtv weekdays. that is all for now. this is bloomberg. ♪ is this a phone? or a little internet machine? it makes you wonder: shouldn't we get our phones and internet from the same company? that's why xfinity mobile comes with your internet. you get up to 5 lines of talk and text at no extra cost. so all you pay for is data. see how much you can save. choose by the gig or unlimited. xfinity mobile. a new kind of network designed to save you money. call, visit, or go to xfinitymobile.com. ♪ david: coming up on "bloomberg best," the stories that shaped the week in business around the world. xi jinping tightens his grip on china's congress. a gamble pays off before shinzo abe. spain's constitutional showdown takes yet another twist. the ecb turns its focus to tapering. >> the decision today is for an open-ended program. david: some of the financial world's

tech giants? we will talk about that. you can listen to bloomberg on the radio.loomberg. ♪ mark: you are watching "bloomberg technology." president trump health-related events of the waymo how to market hispanic heritage month after coming under fire from let's know leaders who say his response of relief to puerto rico was poor. press secretary sarah sanders said gasquet the white house explanation for president trump's cryptic message when he called his meeting the calm before the storm. >> he doesn't want to lay out his game plan for our enemies. if you are asking is the president trying to do that, absolutely. mark: in regards to north korea, sanders reiterated all options remain on the table. north korea plans to create a missile that can hit the u.s. this of the north wants to show it is ready for confrontation. the missile could theoretically hit the u.s. west coast. the international campaign to abolish nuclear weapons is the winner of this year's nobel peace prize. beatrice told reporters in geneva that the election of donald trump as u.s. president sends

check us out at bloomberg tech tv, weekdays. that is all for now. s this a phone? or a little internet machine? it makes you wonder: shouldn't we get our phones and internet from the same company? that's why xfinity mobile comes with your internet. you get up to 5 lines of talk and text at no extra cost. so all you pay for is data. see how much you can save. choose by the gig or unlimited. xfinity mobile. a new kind of network designed to save you money. call, visit, or go to xfinitymobile.com. julia: welcome to "bloomberg businessweek." we are in magazine headquarters in new york. today, how to measure the legacy of the chinese premier. a look inside the most expensive house in the global property markets. all of that ahead on "bloomberg businessweek." ♪

tech giants? we will talk about that. you can listen to bloomberg on the radio. bloomberg. ♪ is this a phone? or a little internet machine? it makes you wonder: shouldn't we get our phones and internet from the same company? that's why xfinity mobile comes with your internet. you get up to 5 lines of talk and text at no extra cost. so all you pay for is data. see how much you can save. choose by the gig or unlimited. xfinity mobile. a new kind of network designed to save you money. call, visit, or go to xfinitymobile.com. "blooyou are watching mberg technology." health-related events of the waymo how to market hispanic heritage month after coming under fire from let's know leaders who say his response of relief to puerto rico was poor. sanderscretary sarah said gasquet the white house explanation for president trump's cryptic message when he called his meeting the calm before the storm. >> he doesn't want to lay out his game plan for our enemies. if you are asking is the president trying to do that, absolutely. mark: in regards to north korea, sanders reiterated

check us out at bloomberg tech tv on weekdays. that is all for now.loomberg. ♪ carol: welcome to "bloomberg businessweek." i'm carol massar. julia: and i'm julia chatterley. we are inside magazine headquarters in new york. coming up, the mississippi lawyer taking on the opioid industry. julia: what would happen of catalonia seceded from spain? carol: and mechanics driving lamborghini into the future. all of that ahead on "bloomberg businessweek." ♪ carol: we are here with editor-in-chief of "bloomberg businessweek," megan murphy. let's start with economics and canada.

check us out at bloomberg tech tv on weekdays. that's all for now. mark: coming up on "bloomberg best," the stories that shaped the week in business around the world. an economic growth matter emerges from china's party congress. >> even though he is speaking about reforms, it will continue to be on china's terms. mark: political chaos reigns in spain is introduced to contain a crisis. >> it is doing exactly what madrid told him not to do. mark: brexit talks continue to sputter while nafta negotiation simply stalled. >> we don't know where they are going with this. mark automation has arrived on : wall street. a special bloomberg report looks at the impact. >> some of the highest-paid jobs are increasingly under threat. ma

check us out at bloomberg tech tv on weekdays. that is all for now.o knew that phones would start doing everything? entertaining us, getting us back on track, and finding us dates. phones really have changed. so why hasn't the way we pay for them? introducing xfinity mobile. you only pay for data and can easily switch between pay per gig and unlimited. no one else lets you do that. see how much you can save. choose by the gig or unlimited. xfinity mobile. a new kind of network designed to save you money. call, visit or go to xfinitymobile.com. ♪ david: coming up, the stories that shaped the week in businesses around the world. violence in las vegas and the u.s. responds to tragedy. president trump: it was an act of pure evil. david: conflict in catalonia. spain struggles for unity. >> it has given the movement a lot of traction. david: political missteps plague the uk's ruling party. >> they are negotiating with each other and europe is waiting by the sidelines. david: damage, disruption and at least puerto rico reeling. david: sizing up the gop tax p

check us out at bloomberg tech tv on weekdays. that's all for now. arol: welcome to "bloomberg .carol: welcome to "bloomberg businessweek." julia: we are inside the magazine's headquarters in new york. carol: an exclusive interview. julia: the company whose robots are making everything and changing the world. carol: exercise, no sit-ups required. all of that and more on "bloomberg businessweek." ♪ carol: we are here with the editor-in-chief megan murphy. in the business section, we take a look at japanese

check us out at bloomberg tech tv weekdays. that is all for now. new touch screens... and biometrics. in 574 branches. all done by... yesterday. ♪ ♪ banks aren't just undergoing a face lift. they're undergoing a transformation. a data fueled, security driven shift in applications and customer experience. which is why comcast business delivers consistent network performance and speed across all your locations. hello, mr. deets. every branch running like headquarters. that's how you outmaneuver. announcer: the thrill of living well is in the pursuit. the pursuit of the rarest experiences. the pursuit of the finest products. the pursuit of quality in everything you do. and in all of these pursuits, you need the best intelligence to make the best decisions. >> we know that she sells for a lot, but what makes her important? >> it isn't easy. it's difficult work. announcer: welcome to "bloomberg pursuits," where you find information that helps you follow your inspiration. in this edition, utility meets luxury in three new suv's. hannah: immediate power. i

check us out at bloomberg tech tv on weekdays. that is all for now.is is bloomberg. ♪ this is bloomberg. ♪ ♪ >> announcer: the thrill of living well is in the pursuit. the pursuit of the rarest experiences. the pursuit of the finest products. the pursuit of quality in everything you do. and in all of these pursuits, you need the best intelligence to make the best decisions. >> we know that she sells for a lot, but what makes her important? >> it isn't easy. it's difficult work. announcer: welcome to "bloomberg pursuits," where you find information that helps you follow your inspiration. in this edition, utility meets luxury in three new suv's. hannah: immediate power. immediate response. announcer: master the offbeat etiquette of eating ramen.

check us out at bloomberg tech tv on weekdays. that is all for now.rg. ♪ so new touch screens... and biometrics. in 574 branches. all done by... yesterday. ♪ ♪ banks aren't just undergoing a face lift. they're undergoing a transformation. a data fueled, security driven shift in applications and customer experience. which is why comcast business delivers consistent network performance and speed across all your locations. hello, mr. deets. every branch running like headquarters. that's how you outmaneuver. david: did you always know you wanted to run fidelity? abigail: i never felt any pressure to. david: did your father say if you worked hard, you would be ceo? abigail: he was not the guy to make promises to anybody. david: what do investors want? abigail: everything. david: was it hard growing up with your father and family being famous? abigail: we were not famous at all. i think this is the moment that i have been waiting for. >> would you fix your tie, please? david: people would not recognize me if my tie was fixed, i will leave it this way. all r

bloomberg technology." we will bring you the latest in tech throughout the week. tune in each day. 5:00 p.m. san francisco. and remember all episodes of , "bloomberg technology" are live streaming on twitter. check us out. that is all for now. this is bloomberg. ♪ david: did you always know you wanted to run fidelity? >> i never felt any pressure to. david: did your father say if would be the ceo? >> he was not the guy -- david: did your father say if you worked hard, you would be ceo? >> he was not the guy to make promises. david: was accompanied into growing up with your father and family being famous? >> we were not famous at all. i think this is the moment that i have been waiting for. >> would you fix your tie, please. david: people would not recognize me if my tie was fixed. i will leave it this way. all right. ♪

tech is to the s&p 500 and the u.s. economy. it is something to behold. vonnie: let's talk about this particular chart. 9314 on the bloomberg. we will see exactly -- tech is getting upgraded constantly. this that bring its own self fulfilling prophecy to the market? mike: to some degree. you look at amazon for example. the purest will say it's a retail company, but let's be honest. it is a tech company. look at the earnings growth projections going forward. from a low base. they are finally turning on the profit engine that everyone knows they have. we're looking at triple digit earnings growth expectations for amazon in 2018, 2019. it is just an incredible story that has had plenty of skeptics over the years, plenty of doubters. here we are and we are watching the vision unfold. vonnie: something like 1500%. mike: just the blowout beat. coupled with the gdp data this morning, it is interesting. thisve all this heard call the most hated bull market in forever. this intimate type has shifted. -- the sentiment tide has shifted. we have got stocks now that overbought levels. 2423 is on my terminal. this shows this, quintessentia

bloomberg tech anchor emily chang is in san francisco. emily. emily: thank you, mark. ceo mark okerstrom is joining us. a lot of this has to do with the cirque -- circumstance -- hurricanes. how much of it has to do with the weather and problems in the core business? mark okerstrom: i was a short-term results are all about the weather. in the quarter, 15 million to $20 million of impact from the storms. we expect another $10 million the next quarter. we are investing into strength. we have, over the course of the last, really, three years, tripled our ability to add new properties, bringing new properties onto the last four. that is strength we really want to invest into. we have taken home away from an online listings business into a real e-commerce business. we are investing into that strength as well. the reaction is a combination of for towo, and we look demonstrating solid results in the back of the investments we announced yesterday. emily: if we continue to see adverse weather patterns due to climate change in the u.s. and worldwide, should the market reevaluate

reporter bloomberg tech reporter joins us.he reports are out of taiwan, that apple cut parts linked to the iphone 8 by more than 50%. how reliable are these reports that apple's asian partners aren't necessarily reliable echo apple sources from a number of different companies, not relying on just one or two. >> it's staggering. .t speaks to this skittishness this is one report from one newspaper in taiwan citing one source. you put this in a big context. on healthcomments care from carrier executives saying demand for the iphone 8 is anemic. -- the other issue, if it is a 50% cut in production, if that is true and the market is anemic , it speaks to the fact that people are waiting for the next one, and they will be selling more of them. good point.t's a nevertheless, there was a knee-jerk reaction in the markets. i'm looking at the supply chain for apple in the bloomberg terminal. -- this is ac go one-day price change percentage. on the right side, apple's customers, a lot of telecom companies. both of you, in fact, when one

[laughter] bloomberg tech reporter speaking there are thank you. ck of the headlines on the bloomberg first word news this afternoon. mark: president trump signed an executive order designed to expand health insurance options for some americans in a move he eringwill result in "stagg competition between insurance companies," but it may also undermine insurance for those who remain under obamacare. my administration will explore how we can expand something called short-term, limited duration insurance. these health insurance policies are not subject to any very expansive and expensive obamacare coverage mandates and rules. mark: the president added he believes the votes are there a littlek grants at bit later time. the european union says brexit talks have hit a wall under how much the u.k. will pay when it leaves. that increases the risk that the british departure will be a messy one. the eu representatives that is team toeresa may's unlock the talks. the gridlock means eu leaders will decide next week not to start discussions on a post-brexit trade

tech rivals. welcome to bloomberg markets, rules and returns. i'm nejra cehic. from mifid ii to dodd-frank, we will speak to the top newsmakers and market participants shaping and reacting to a new generation of rules. the sec says firms can accept payments from clients. a 30 month reprieve to u.s. firms on the research was coming into effect in january from mifid ii. the regulation team in washington joins us now.

tax reform without first targeting big tech companies. this is bloomberg. ♪ cory: apple c.e.o. th french president macron in paris monday. the meetup comes amid calls by european nation for an aggressive overhaum of how tech companies are paying tax across the e.u. joining us now, our bloomberg technology reporter who has agreed to talk in a funny accent for us today. thank you. >> [speaking foreign language] cory: i'm all for the french. this is an interesting drive right here. apple is center in this. particularly because of the deal they got in ireland. >> yes. apple very much says they didn't get a deal in ireland. but apple's facing increasing heat in ireland as well to pay this tax bill which hasn't been delivered to ireland as far as we understand it. in escrow perhaps somewhere. cory: is it or not? they got criticism following the demand to pay it saying that they hadn't put it aside. >> yes. they put it aside in their account somewhere but ireland hasn't received it and they were talking about putting in escrow for itself while it appealed it. that hasn't happened. we k

emily: that was gary vaynerchuk speaking to scarlet fu as bloomberg's cornell tech series. ollegiate sports headed to china via alibaba. this is bloomberg. ♪ emily: the college sports conference, the pac-12 is about , to get more air time in china. alibaba has acquired the right through 2024. immerse the first time in college sports network will be made available in china. corey johnson sat down with the commissioner larry scott and asked how big of a deal this truly is. >> it is a really big deal. we're the first conference to have a comprehensive partnership outside the u.s. they will help us distribute a vast amount of content, 175 live events to the chinese audience and help us have a regular-season basketball game in china. it is a big milestone for us. >> is there one sport in particular -- there are great usc, andes like beyond. >> the chinese audience loves prestigious brands. some of the ones you mentioned are very well known. >> arizona, washington, my apologies. >> we have 12 major -- amazing brands. the interest in the u.s. higher as olympic sports. but among the

bloomberg. ♪ ♪ emily: i am emily chang and this is tech.. -- bloomberg technology. the public can expect see more than 3000 russian linked ads. my wide ranging exclusive interviews with executives. what they had to say about amazon's $4 billion windfall. china officially demands a piece of its biggest tech company. we will put the potential power grab under the microscope. facebook ceo says the company absolutely supports public release of 3000 ads during the presidential election. she says it's is up to congress to decide the appropriate time to do so. me with --d.c. to meet with ceos. >> we are giving them our peace. they can understand the whole picture. what i reiterated in those meetings is that we think it is important they get the whole picture and they explain that. emily: joining me now is the founder of google ventures. youh, i want to talk to first. what is your strategy here? she has been over communicating in this whole ordeal. they want to make the point that they are taking responsibility for what it was they ran on their platform. they are not taking

we are joined by bloomberg tech reporter sarah free up the broke this story.acebook is trying, but it is not enough? >> i think that is absolutely right. as facebook is trying to experiment with what might work for stomping down fake news, it is becoming even more widespread and international. the company right now with the third-party fact checkers as a dashboard where they have to go in and individually marked weather stories are true or false and there is not a lot of machine learning or tech actually involved in it. facebook is working on those systems, but it is going to take a long time and they don't want to rush to a solution for fear of creating a system that is flawed. nejra: yes, what about the potential consequences here? could this impact facebook's revenue, user growth? is just ahink this very dangerous position for them to be in and they want to go slowly and surely to make sure they get it right because facebook does not want to be a media company. they do not want to be the arbiter of what is true and false. they don't think their users should

this is bloomberg. tech stocks have driven the bull market.s investors take the opportunity to buy more when they take a breather. facebook and google, possible increase regulation and rough -- in washington and brussels. -- is the cohead of the international law form of -- law firm of weil, gotshal, and manges. speculationot of these companies have gotten so big. the antitrust companies will have to break them up. what is the risk investors should take into account of regulatory action? laws: federal antitrust were passed back in 1890. are in a digital economy talking about a different situation. there are misconceptions about antitrust. system, just because you are big and dominant does not mean you are subject to antitrust laws. big is not equal bad. why would you encourage companies to run the risk of competition if you turn around and penalize the winner? being big is not an issue. downave to break it between mergers and companies who grew through internal growth. mergers is taken care of. the government has a chance to look at those in a

bloomberg. >> record highs in u.s. stocks, especially if you look at the nasdaq. wednesday, the fed will make its decision on 2:00 p.m. eastern. course techl. >> and we have the numbers for the u.s. jobs are ordere >> you're watching bloomberg technology. spain's central government in madrid has fired the catalog government and dissolved its government. spain was granted the authority as part of an emergency today. it is calling for a new election. sanderscretary sarah says the white house prevents a pushsures to prevent for independence. cooperate toies share economic cowardice. the state department published a list of individuals at risk for because ofons russian connections. -- esponse republicanh-profile retirement could be on the horizon.

tech. bloomberg technology is forecasting from seattle this week. gton has been a growing hub for tech innovation and investment. --ly chang is joined by emily: we are joined by julie sandler, managing director at pioneer square labs. you've been at pioneer square labs for four months now. talk to us about what exactly you guys do. we've raised $12.5 million from the likes of jeff bezos and paul allen. fundsst pool of capital -- an incredible team of operating engineers and product people who work closely with a group of onto benares -- a group of entrepreneurs to launch new companies here in seattle and beyond. emily: jeff bezos, what has he asked for? bezos, they are excited about the quality of companies that entrepreneurs are partnering with at the studio, like a lot of the other venture funds who invested in our first round of capital. emily: any particular mandates from these investors? julie: he's really excited to see specific innovation across the managing director team. a lot of experience across consumer and enterprise with a passion for a

bloomberg technology. on monday, we will be speaking about the role of tech firms and the big tech giant that is about to launchine. that is all for now. this is bloomberg. have a great weekend. ♪ ♪ announcer: from our studios in new york city, this is "charlie rose." >> bitcoin, the most significant , and cruises of records. it fell as much as 9% in the past few days. the rise of a worldwide debate over the future of digital currency. here to discuss bitcoin are three experts. wood, the reporter

. ♪ vonnie: from bloomberg world headquarters here are the top stories on the bloomberg that we are following. tech up on top today. this after strong earnings from alphabet and amazon. that has been a boost for the nasdaq and set the stage for a $60 billion tech rally. is castingrce giant a cloud over the health care industry. the company has received pharmacy licenses. apple fans will have to wait to get her hands on the iphone x. wait times in the u.s. for new models kno now extending to december. surprise, surprise. julie: let's get a quick ec

tech players, which make up the biggest sector on the s&p 500. treasuries look like this, unchanged on the tenure, but the dollar bid sticks. this is bloombergtorm, the u.s. economy expanded earnings, growing at a 3% annualized rate. big tech delivers. lofty valuations. alphabet hits an all-time high. and strike to knock the political chaos in catalonia. the plans for 2018 to insulate european architecture drama in spain. good morning, good morning. this is bloomberg daybreak. i am jonathan ferro, alongside david. solid numbers on the gdp and corporate side, driving futures higher. the story in the bond market is yields push higher on bunds after yesterday's bid. in fx market, gdp reaches adding more fuel to that long dollar trade. low 116lar back to the and let's -- 1.16. here is abigail doolittle. abigail: happy friday. on this friday, awful that up more than 4% -- alphabet up 4%, plus said to add to its market. we are up 47% and even the "best silo of revenue" grew 50%, so everything moving along for alphabet and investors awarding shares with an all-time high at the open. amazon up 9%. they put up another huge quarter, crushing it across

tech giant. this is bloomberg. ♪ emily: u.s. and the tech sector especially continue to invest in wind and solar energy. amazon ceo jeff bezos christened the 263-megawatt wind farm in texas. the company has bought more than 1.22 gigawatts of output today, second only to google. the corporations agreed to buy over two gigawatts of clean power this year and is on track signeds 2.6 gigawatts last year. big companies have been taking the heat on a number of issues of the last year. take google, for example. ceo sundar pichai has had to deal with staff protests over the presidents immigration policy, a record regulatory fine from the eu, and debates about gender equality, just to name a few. sat down with us for an exclusive interview with "bloomberg businessweek." still with us, bob o'donnell, technalysis research president and our guest for the hour. the headline was something along the lines of "everyone is mad at google and sundar pichai has to fix it." how is he managing the issues? >> he still considers and saw products-first p

tech rivals. welcome to bloomberg markets, roles and returns. nejrawreck a hitch -- i'm cehic.ifid ii to dodd-frank, we will speak to the top newsmakers and market participants shaping and reacting to a new generation of rules. the sec says firms can accept payments from clients. a 30 month reprieve to u.s. firms on the research was coming into effect in january from mifid ii. the regulation team in washington joins us now. then, great to have you. you have been all over this story from the beginning. deciding to doc this. was it lobbying ?let's kick this --? brokeragesll street have been pushing for months to get the sec to tell them if they can accept payment from european clients and not have to register as an investment advisor. they don't want to register in the u.s. because that carries responsibilities and costs, fiduciary duties. the sec relief they announced today is limited to european clients so they can continue to bundle research with trading execution services in the u.s. for their clients. then, youyour story, described this as a major victory for u.s. brokerages

bloomberg's global tech editor joining us from san francisco.to bust through some of these lines. more details coming through when it comes to the net profit, net income, for the third quarter. looks like it was yet another beat. 11.4 trillion won. also seemed to break from business units. the chip division, which was the most profitable. 9.9 6 trillion won. the mobile division in focus. 3.2 9 trillion won. those headlines coming through looking like it was, yes, a record quarter. take a look at more on that. that is coming up this hour. betty: we will be watching samsung shares. t-mobile, sprint, hit a snag with differences about valuation and control. the latest from l.a., next. this is bloomberg. ♪ betty: this is daybreak asia. i am betty liu in new york. yvonne: softbank talks to merge sprint and t-mobile. t-mobile with a serious roadblock, jeopardy after months of stops. the latest from bloomberg's from losoining us angeles. there is a lot of reports about this. obviously, everyone with taking this was supposedly a done deal. is this more j

. ♪ mark: this is "bloomberg markets." vonnie: the techny seems to have lost its luster but now, microsoft is hailed as an innovator. markets." vonnie:the david rubenstein shou are two p are conversations. david: you are following two legendary figures. how do you say, a lot of the things you did, i don't want to do anymore and i will change things. so andent 22 years or became ceo. built, up in the company i understood like the back of my palm all of the things we got right and all of the things we got wrong. i have a point of view of what i wanted to do if i were to become ceo. when need to make microsoft thrive in a moberg -- mobile first world. >> it was about what do we do in the future? >> one thing you did was to change the proprietary culture at microsoft. it said this is the way we do things and we do not want to cooperate with other firms, -- and those kinds of firms. >> let me view things as zero-sum. let me approach, even our traditional competitors and say customers use some of what we do and what we -- some of what you do. le

the big banks support their earnings, we will be speaking to our correspondent from bloomberg intelligence. he says teche to watch in this round of earnings. that is it for daybreak australia, for the action on daybreak asia next this is bloomberg. ♪ . yvonne: 7:00 a.m. here in hong kong come alive from bloomberg's asian headquarters. i am yvonne man. this is "daybreak asia." the fed minutes show some policymakers one more inflation evidence before they have another rate hike. the markets determine that is dovish. and new highs, the asian pacific expected to rise, as well. betty: i am betty liu in new york, it is after 7:00 p.m. wednesday. president trump an hour ago talking tax, saying the current code is holding america back. the speech

bloomberg. mark: coming up, big day for tech earnings. twitter kicking out today is day. venue beat analysts estimates. this is bloomberg. ♪ live from new york and london, i'm vonnie quinn. mark: i'm mark barton. this is bloomberg markets on bloomberg television. let's get to futures in focus, talking about oil today. prince mohammed something.ects if he is behind it, if clymer putin is behind it, it is only a matter of time that opec understands it. >> yes, it seems very likely opec will extend their cuts 2018, this after the saudi oil minister says they will do whatever it takes to get production levels back to the five-year average. it has been a required session sessions so far, but overall, that will add to the market. we saw a moderate increase in stocks. that was a little bit of a and maybe tiff a little pressure on things in the short-term. could production is back to prehurricane levels. that means we are about 10 billion bushels a day below a year ago but 64 billion over the five-year average. longer-term stocks seem like they can grow. the big surprise was the d

from new york, this is bloomberg. ♪ julie: with this big tech rally today, let's check on the marketstaylor riggs is here with the latest. like we areel speaking about record highs. that continues today. the doubt nearing record the s&p 500 inte record territory. and the nasdaq, like you said, it's all about tech today. it's up more than 2%. it's driven by a slew of tech earnings that we got yesterday including amazon and microsoft. 100 andsee the nasdaq you can see how the momentum is continuing as we get through the rest of the day. we are also looking at companies like apple, google, and facebook which are the major gainers in this index. looking into apple, we are awaiting the earnings next week in the release of the iphone friday, apple said don't worry, the demand for the iphone 10 is off the charts. there were concerns of the production of the phone and that has been squashed for now. let's put this into perspective. you can see the nasdaq 100 index and its outperformance relative to the s&p 500. the spread really rising up. the relative outperformance is at its highest since 2

bloomberg. ♪ ♪ joe: the tech boom is far from its peak, at least in the semiconductor industry with global chipmakerhe fastest pace in 2010. let's bring in our senior analyst for bloomberg intelligence. we talk about web consumer, tech stocks, how well they are doing but a lot of chip stocks have been on a tear, midi hitting all-time highs. -- many hitting all-time highs. semiconductors are the building blocks of the new technology revolution. these are the industrial equivalent of -- or the foundation of the next generation of technology that will propel productivity in this country and globally. both across the consumer spectrum and industrial and manufacturing spectrum, and the enterprise, you are seeing substantial building block enhancements geared and chipmakers are propelling that. you have manufacturing improvements that makes chips smaller and cheaper. this is an industry where people figured out, if i make stuff smaller and cheaper, people will buy more of it and that will drive the economics of the industry. joe: a fascinating story i think ,ast week about bill joy cofounder of sun micros