that's next on bloomberg west. ♪ >> this is "bloomberg west."pple may have reached a deal with chinamobil according to the "wall street journal." it could come within a couple weeks. china was granted license to operate a 4g network. jon erlichman is back from l.a. >> breaking into the chinese market has been challenging, but the users could be a boost to the company. let's bring in managing director sean rhine. what's the buzz? >> the buzz has been good for apple. they've been facing challenges. 2 years ago, they saw 300% growth and they're now in single digits. people are really excited. if apple can sign the deal, they'll have access to millions. only 25% of the customers are using 3g. most are price sensitive, using the old 2g network. it will be difficult to convince them to buy apple iphones through a contract. >> let's stay on that point. has the trend suggested we're seeing consumers move from 3g to higher end phones? >> the 2g side, consumers prefer pop up cards and pay as you go. they don't like to sign for contracts. the second proble

more bloomberg west after this back to bloomberg west.we want to update you on the developing story, former south african president and worldwide symbol of freedom nelson mandela has died at the age of 95. tributes are coming in from around the world. here is president obama. sacrificing his own freedom for the freedom of others. he transformed south africa and moved all of us. his journey from a prisoner to a embodied the promise that human beings and countries cachange forhe better. the commitment to transfer power and reconcile with those who jailed him is an example that all humanity should aspire to. he joined the african national congress and worked to oppose apartheid. inwould be sentenced to life prison and remained behind bars for 27ears for being released. want a free man, he was able to negotiate an end to apartheid rule and become the first elected black president of south africa and a global icon for reconciliation. nelson mandela is the subject of the latest film that hit theaters this weekend. i am joined with more. >> harv

quiteng "bloomberg west." e. let's get straight to your bloomberg top headlines. the apple store in berlin was robbed. a gang that has robbed other stores has used a similar dramatic fashion driving cars to the windows and stealing everything inside. itslion, grace note of song music and other software. the new tax law for web advertising. the time company purchased trinidad from locally registered companiesinstead of registered in tax havens like bermuda. director, prg rector -- has apologized for twitch made last week. she tweeted that going to africa, hope i don't get aids. just kidding. i'm white! she landed in south africa and was instantly terminated. the offensive comment does not reflect the views and values of iac. we take this issue very seriously. we have parted ways with the employee in question. our next guest looked at this thing and talked about all the -- morgan you have worked at google in the hr context. firing, thee offensive comments, whatever humor was at tempted was lost on some people, ma

we have an uber investor next on "bloomberg west." >> welcome back to "bloomberg west." i'm emily chang. this is "bloomberg west" on bloomberg television, streaming on your phone, tablet and bloomberg.com as well as apple tv. uber caught some heat this week from riders after some of them on the east coast paid as much as three to four times the normal rate last weekend for rides during the snowstorm. this is because of uber's surge pricing policy where users pay more when demand is higher. in reaction to the complaint, uber tells "bloomberg west" surge pricing helps to get more cars on the road quickly when demand outstrips supply, helping to guarantee the uber reliability that users count on. users are clearly notified and must acknowledge the elevated pricing within the app before they can request a car. for more, i spoke with cory johnson and the managing director at menlo ventures, an investor in uber. i asked whether paying $35 a mile is fair. >> fair is not the right question. it is more important to make sure that you have a car to take you home than what it costs

that is up next on "bloomberg west." ♪ >> i'm emily chang and this is "bloomberg west."n event in your city today, spotify announced that it will offer it using streaming service on mobile devices for free. customers no longer have to pay $10 a month. our editor-at-large cory johnson was at the event this morning. what can you tell us about this event. >> this is an important deal for spotify. they have took a big step to distinguishing themselves from competitors like pandora. they are enticing more customers to try their premium service. take a look at what the spotify's ceo had to say. >> it will not be about purchasing one song and then another song. it is about listening to music and adding to this unlimited collection on spotify. it is accessible on all devices. >> the chief content officer got into the nitty-gritty of how the service works. >> the new service allows free users to experience on any devices. three years ago, we launch the service and it was a different world. >> people had computers and desks back then. wright state introduced the service on the des

that is next on "bloomberg west ." ♪ set both this is "bloomberg west ." i'm emily chang.usic industry is going through a tremendous change. are artists getting people to those concerts? my partner cory johnson is back to explain. cory? irony, is the great right? apple, pandora, napster decimated the music industry, but they are turning to them for live revenues. these stage set is dominated by a technology driven firm. >> 1, 2, 3, 4! ♪ >> the concert business setting up for a high technology. these days the best show off and is the best stage. it is an arms race and the leading armed dealer is a private company in the heart of amish country in rural pennsylvania. >> these days you build your relationship with your customers in the line of experience. >> justin timberlake, elton john ,u2 -- all have turned to tait. >> we have people who went to airing school. process starts with 3-d modeling on software. on autodesk. they are shipped all over the world, slapped together, disassembled, and shipped to the next gig. the man behind it all is james whitten ferrell. he started i

thank you for joining us here on "bloomberg west." have a good day. l day today we are going inside ups. bloomberg's chief national correspondent is that ups's international air hub in louisville, kentucky. are you on a plane there? >> i am. i am on a 767. it is one of the planes it ups has. at any given time you can find it ups plane up in the air, flying around the globe. they also have a lot of technology. we will talk more about that when we continue on "bloomberg west." ♪ >> welcome back to "bloomberg west." todaymily chang. all day we are taking you inside of ups. this year, the biggest shipping company introduced o'briant, a system that crunches data to save a fraction of a mile on the daily route. ups'hub inr is that louisville, kentucky. tell us about o'briant. >> i would love to. those fractions of a mile per ups could add up to millions of dollars. lots of savings. orion,, theyn -- have been working on this for about a decade. they have come up with an algorithm of the driving route. take a look. the algorithmon, that makes ups take. >> algo

this is "bloomberg west" on bloomberg television, streaming on your phone, your tablet and at bloomberg.com. facebook is getting into video ads as the company looks for new ways to make money. this week facebook launced a limited test program for the videos. select users will select ads for the new film divergent. the ads will play without sound just like videos from friends do now. the sound will only be turned on if the users clicks on the sound. the sound will only be turned on if the user clicks on the ad or makes it a full screen. our editor at large, cory johnson, drilled down into how this could change facebook's advertising business. >> let's talk about how this is going to work. they think they can sell this for a higher price than they have in the price. these ads could generate up to $2.5 million in one day. these would be short ads, 15 seconds. the audio only happens when you click on the ad. the hope is this would be this would be another tool in the facebook quiver of advertising tools. >> let's take a look at how facebook ad revenue has grown since its i.p.o. mobile has becom

that and more, coming up on "bloomberg west." ♪ >> i'm cory johnson. this is "bloomberg west." of the kickoffs to the hollywood awards season, the golden globe nominations came out. 12 years a slave, american hustle tied for the most nominations. nebraska, captain phillips, and gravity scored multiple nominations. house of cards scored four golden globe nominations, kevin spacey nominated for his portrayal of conniving politician frank underwood. jon erlichman back from l.a. and was at the nominations this morning. what is it like? >> we do our duty, and this continues a conversation on awards and house of cards that started with the emmys. the executive producer joins us now on what has been a pretty busy day for him. we talk about what these nominations mean for programs. the platform that you find it, what does this mean? >> we had no idea whether we will be eligible for any awards. and the golden globes, it was closer to the eligible and the icing to be nominated. when the press invites you to the table and says we take it worthwhile. >> what is it about the story and the c

you will get more "bloomberg west." >> this is the early edition of "bloomberg west." emilyjohnson in chang. now, to your bloomberg top headlines. four people hurt after a knowing jet hit an office building in the johannesburg airport. a wing struck a building after going down the wrong taxiway, sending debris. an investigation is underway. more than 400 45 thousand households are without power in ontario and quÉbec after a major ice storm hits quÉbec. the storm also caused the cancellation of dozens of flights, making it a christmas travel nightmare, and fantasy tops the return of ron burgundy. bbit" beat "anchorman 2," despite a heavy, heavy marketing campaign. lot changing as large energy providers are increasing solar, and these days, you can own pieces of solar projects and collect interest area mosaic, an interesting company helping people to do just that, from schools and military bases, they have connected investors with solar projects that need the money. to talk aboutw this interesting crowd funding model. you described this business to me, and my job was on t

you can watch bloomberg west monday through friday at 1:00 p.m. eastern. always catch bloomberg tv streaming on your phone, your tablet, or at bloomberg.com. ♪ the opinions do not reflect the opinions of bloomberg or its employees. the following is a pray presentation for the nutribullet. >> stay tuned tell you can find an amazing life-changing bonus. that is right. special free bonus and free shipping just ahead. quite my muscle aches started to decrease immediately.

that is next on "bloomberg west." ♪ >> this is "bloomberg west."may be ready to take off just weeks here after jeff bezos is testing delivery drones. states are looking to get in on the action. 24 states buying for permission to build and run testing facilities for commercial drones. the faa say it plans to select six sites this month. it did not give out details at what kind of testing would be allowed. generally speaking, i would wear a hat for the next two months. you do not want one of those things slamming into you. robots could be used to develop other devices. it includes a robot called oculus that uses high-speed cameras to test user experiences on smartphones to figure out how much humans will love or hate them. joining me is the manager matt dunford. we are glad to have you here. i want to talk to you about robots. so much robot news and just with google announcing the dynamics. why is there so much? >> science is going to continue moving forward. robots allow us to do things more economically than humans. >> i was at an xbox development

" continues. ♪ >> you are watching "bloomberg west" where we focus on technology and the future ess. let's get straight to the bloomberg top headlines. people in the northeast bringing in the new year's and several issue -- several inches of snow at the same time. i hazardous weather warning issued for pennsylvania up into new england. forecasters say new york city, long island and new jersey could you between four and eight inches of snow. austin can get nine inches. home prices in 20 u.s. cities rose in october by third team .6% come a the biggest single .ear ain't -- starting tomorrow, people in colorado will be able to legally buy weed. marijuana is legal a year after colorado and washington voters made the sale of marijuana legal. colorado, with a legal id, you could buy an ounce of hot. aree wrap up 2013, we taking a look ahead at the stories that will make headlines in the coming year. aining me via skype is strategy consultant for eight giant number of fortune 500 companies. good to see you. what you think are the top five stories? >> i'm going to talk about mobile. every

we'll be live at ebay headquarters all day tomorrow for a special bloomberg west. l have an interview with the and much more.oe you do not want to miss our ebay special tomorrow on bloomberg -- "bloomberg west." markets onok at the the move every hour. here's julie hyman. we do have a bit of a mixed picture today as people trying people are the -- trying to weigh the economic data that came out this morning. the nasdaq flirted with the green a little bit, but is back down 1/10 of one percent. we want to highlight a couple of stocks. a technologyis stock. the company reported strong data through phase three of its breast cancer drug. watching francesca holdings. the clothing and accessories company said it has cut its outlook for the holiday quarter. more on the markets in a -- in 30 minutes. >> this is the early edition of "bloomberg west" and i'm emily chang. we have top headlines. vice president joe biden has arrived in south korea for the final stop on his three-country asian tour. he will meet with south korea's president to talk about north korea, and then deli

welcome to the early edition of bloomberg "west." emily chang.in for apple going to war with the court appointed monitor in the e-books price x in case. netflix ringing in the new year with big changes. losing the rights to the popular movies. the drone is nice about to get a big boost. flighttes for unmanned testing. more than $82 billion in the next decade. first, apple engaged in a big fight with the court appointed monitor as part of the case over e-book price fixing. the court appointed a monitor. that monitor says that apple has been uncooperative and has made executives unavailable for interviews. in court documents filed he failed to make all kinds of executives unavailable. apple has been fighting every step of the way. in return acting in an improper manner. says they have been overbilled and refused the claim that they were keeping keep personnel from being interviewed. it has not been returned. nicholas thompson joins us for more. complaintscinating where the bromwich guy is pushing back in every possible way. >> apple is

that story is next. ♪ this is " bloomberg west," on bloomberg television, streaming on your phone, yourablet, and bloomberg.com. i am emily chang. oracle is buying responsis four $1 billion. marketing -- it sells software. is the latest acquisition for oracle just trying to get more cloud business. when you think of an area that is leading the place for tech and innovation in the united states, most people would think of sala con valley and california. takes on the crown for the most innovative state according to bloomberg. we look at the percentage of professionals in stem fields and patents and public technology companies and seattle is home to the likes of microsoft and amazon and their early presence in investments in the city have led to a budding technology community. google, from facebook, and salesforce have large offices in the state and a number of startups. joining me now to discuss this is mattmcilway. first of all, the most innovative state is the state you live in according to bloomberg. i'm assuming you agree. >> we do agree but now the secret is out. we have been finding

we will be right back with "bloomberg west." ♪ >> welcome back to "bloomberg west."a's secret fashion show ratingsast night, and were improved over last year. offeredfirst time, cbs a second screen experience to sync audio from the tv to your devices. interactivet of cbs . i asked him what kinds of things you were able to do with this app? of viewers on television overall have another device with them. we have been building tons of apps. bowl andhem at super the grammys. you get clips, taking quizzes, getting information, seeing sketches of clothing, seeing backstage with taylor swift and the models. lots of things that go along for the super fan. >> how much work goes into a gekko >> a lot. -- into a second screen? >> a lot. this centers around the people that want to get more stuff out of the show. >> can you give us traffic on the app? number one was the rated show, up 36% over last year. by the end of this week, we will have stats overall. >> the fashion show is the perfect thing to do a second screen app for because you can actually buy the stuff that they are w

that's coming up on "bloomberg west." ♪ >> you are watching "bloomberg west." i'm emily chang.er quarter of sluggish sales growth for oracle. revenue up but new software licenses and the scripture and revenues dipping slightly. the revenue from hardware systems and changed. apple will start taking orders for the new mac pro tomorrow. tim cook tweeting they started making the whole computer in the usa in austin, texas, calling it the most powerful mac ever. it starts at $3000 and 1/8 the size of the current mac pro. one of the biggest airlines says they will not allow in-flight calls. internal research says it would be a disruption. last week, the fcc voted to seek public comment on ending the ban. 2013 has been an exciting year for technology to say the least. stories about the problems with healthcare.gov, virtual currency bitcoin dominating the cycle below are the top five stories? joining us with his top five, maynard webb from yahoo and he is currently on the board of salesforce as well. he founded a seed stage firm. great to have you here on "bloomberg west." number one, n

it could also make a good gift, next on "bloomberg west." ♪ >> this is "bloomberg west."hang. it has been almost a decade since guitar hero exploded onto the game scene. now the creators are using some of the most advanced analogy available. the new karaoke machine can turn your single voice into three- part harmony and even strip away the vocals. cory johnson is in new york. we are all hoping we are going to hear using today. >> that's sweet to hope that. >> i know you like to sing. >> the karaoke machine has studio quality vocal effects to sing along. i saw it happen on the early edition of "bloomberg west." i asked the cofounders why they wanted to created new karaoke machine. >> karaoke was like the last frontier in music gaming that hasn't changed much since it first came out in the 70s. both of us can't sing very well, so we discovered this technology trying to do vocal harmonies and effects live. this analogy presented itself and we just knew it was the future. >> how does it work? >> it is basically live vocal processing technology that we adapted for consumer use

we will have more of "bloomberg west," after this. ♪ >> welcome back to "bloomberg -- quick update onnews. a u.s. judge has ruled that the nsa phone surveillance program, the one that was revealed by the former contractor edwards noted could be unconstitutional, and could violate the fourth amendment. that is the right to privacy. this means that a pending lawsuit can go forward because this judge has ruled that this program by the nsa is probably unconstitutional. we will continue to cover the story on bluebird television throughout the day. --y tuned for anymore in details as we have them. it is time for on the markets, 56 past the hour. i'm going to get straight to olivia sterns in new york. >> one company in the news today, tesla. car company launched its chinese website earlier this morning. what is the plan here? they don't sell the cars in china yet, is it to get the pre- orders? >> it is to gauge how much demand is going to be. elon musk has said that china is really a wild card in their expansion strategy. they will be taking $40,000 $200,000ons for a model as our model acts.

>> live from pier 3 from san francisco, welcome to late edition of "bloomberg west." we cover the global media and technology companies that are reshaping our world. i'm emily chang. our focus is on innovation, technology, and the future of business. let's get straight to the rundown. the value of the bitcoin is falling fast, now cut nearly in half from its recent $1200 high. we look at why, and where you can even use it. mark zuckerberg and andreessen are cashing out millions of their facebook shares. is it time to end the blackout that keeps sports games off tv? the nfl's -- nfl says no. first, to the lead. the spread of the digital currency bitcoin is causing governments around the world to pay attention. that has set the value of bitcoin tumbling. the currency is hovering around $700 from a high of $1200 in recent weeks. china's biggest bitcoin exchange was forced to stop deposits. denmark has become the latest nation to propose standards to protect consumers from what it calls the risks of bitcoin. joining us from new york is matt miller, who is conducting a seri

this is "bloomberg west." we are covering the global technology and media companies that are reshaping our world. i am cory johnson. our focus is on innovation, technology, and the future of business. let's get straight to the rundown. a coding lesson from mark zuckerberg. his video is one of many for students interested in the coding. an initiative that wants an hour of your time at this week. advertisers can follow you around the web, now apple is using technology to follow you around the store. jony ive is trying to make apple one of the most innovative brands. meet the man doing the same for sneakers. nike's catch up with guru. to the lead. the biggest names are speaking with the united states urging american children to learn to code. it comes as a critical time as u.s. students according to a new rank has american students ranked 21st in science and 26th in math. an hour of code initiative asked people to spend an hour coding. it kicks off computer science education week. it is sponsored by code.org. her

that is next on this special edition of "bloomberg west: inside ebay." ♪ >> welcome back to a "bloombergpecial "inside ebay." i am emily chang. in a world of same-day day delivery, time is money. ebay has an advantage over the competition. they offer same-day delivery within an hour, something amazon has yet to offer. in part 2 of my interview with the ebay president, john donahoe, i asked if he could give us numbers behind ebay now. >> we're not publishing any numbers on it, but what we have done is in three cities, we partner with retailers so that when you have a situation and you want something to date like these gloves and you do not want to waste the afternoon away or have it delivered to you tomorrow, you want it now. you go to ebay now and order the gloves and the courier will have it to you within an hour. >> when i tell us more about how it is going? i download the app. there are a few reviews. >> we are building the consumer experience. when you build a new experience, you have got to get the experience right. the consumers that are using it like it a lot. it is evidence that

it that is next on bloomberg west. ♪ >> this is "bloomberg west" and i am emily chang.a decade since guitar hero exploded on the gaming scene. and the creators behind the popular game have taken their talents to karaoke. they're using some of the most advanced vocal technology available. this karaoke machine can turn your voice into three-part harmony and strip away the vocals of your favorite song, letting you sing alone. cory johnson spoke with cofounders. he began by asking why they wanted to create a new karaoke machine. >> it is a last frontier in music gaming. it hasn't changed that much as he came out. both of us can't sing very well so we discovered this technology doing singing live. we just knew that this was the future. >> how does it work? >> it is live vocal processing technology that the professionals use. we adapted to consumer use. the technology is very complex. even if you can't sing well, it makes you sound good. >> in terms of inventing this thing, what is the real innovation? what is the thing that's new? >> the thing that is new is that we have nev

back to "bloomberg west." am emily chang. china mobile is one step closer to offering the iphone because the chinese government has cleared the carrier to offer a 4g service as opposed to its own 3g network, which is not compatible. cory johnson has more in today's drill down. it sounds like a big deal. >> it is interesting with the change affecting as many as 750 million people, it's not that big of a deal. the bigger thing might be the ramifications. i think ramifications go favre aon this company. -- go far beyond the company. the minister of technology, the minister of technology, which i love saying -- >> all of the chinese departments. >> they choose td-lte standard, which is the chinese standard. this will be the biggest in the world. >> why don't they just call it 4g? >> it's different. it's the way it works. it's the way it broadcasts a signal, the duration, how high it can go as well as the kind of chips. >> it's basically the same. >> it will have a lot of the same characteristics. for this market y

." ♪ >> welcome back to "bloomberg west."ily chang. we have breaking news. the white house is going to today, the panel report heating up a relief that was supposed to happen next month. i want to get to white house correspondent phil mattingly. this is a review of a panel that the president would together, looking at the nsa surveillance policy over the last few months. this is quite a surprise to see this report is early, right? >> that is right, emily. we expected it in january along the time the president himself was opposed to announce what he planned to do, the changes he plans to implement regarding the intelligence collection methods. the review we know for a fact has 46 recommendations in it. it was put together by a five- member panel which included ex cia acting director mike morel. we're told it is very lengthy, but we all expected it in january for the press secretary jay carney said today that largely because the white house feels there has been some inaccuracies in the reporting of what is in this report, they

i'm cory johnson, this is "bloomberg west."pple is using a new location technology to track a shopper's location inside of its retail stores known as ibeacon. it is a tool that sends people information about apple products as they walked through the store. jon erlichman. is this creepy or cool or both? >> it could be a little of both, cory. they are all about the user experience. more on the ibeacon story. they hope to boost sales. more on the ibeacon story. let's start simple. explain exactly how i begin would work. what are examples if you're wandering through the store of what might happen? >> ibeacon was something they introduced on ios seven but did not talk about. the iphone has always had the capability of knowing where you are. now what they did is added something to the core location function which allows it to tell you when you are near a beacon. it is a little device that uses something called bluetooth low to tell you are similar to technology used for headphones near the thing. a store could tell you are in the sto

attaboy chewy. ♪ >> welcome back to a special edition of "bloomberg west" inside ebay. emily chang here at ebay headquarters. with jon erlichman, our senior west coast correspondent. guess what? we have good news. >> i heard. >> my gloves have arrived! my fingers can now be warm. thank you so much. thank you so much for keeping me so well updated throughout the process. this is what i got! aren't they kind of cute? >> i like them. >> they are kind of cute. in an hour onset, that is pretty good. thank you so much. it is really, really great to meet you. thank you. >> have a great day. >> thank you. i'm excited. ebay and john donahoe said they are exploring a lot of new areas and they need a lot of people to make those things happen. we wanted to find out what kind of perks do they have here at ebay? is that important? here is a little more on that story. >> from the free gourmet meals at facebook to the ping-pong tables at google, silicon valley is known for offering plenty of employee perks. ebay takes a different approach. >> we have a variety of different perks but tha

thank you for sharing your findings here on "bloomberg west." what is facebook doing to appeal to marketers and keep advertisers happy? that is next on "bloomberg west." ♪ >> welcome back, i'm emily chang. facebook is about to start testing video ads. they will be 15 seconds long and they will play automatically in the newsfeed. they will play without sound, just like videos from friends play now. the sound comes on if you click on the ad. cory johnson is in new york with more on why facebook is making this move. cory, this is a long-awaited move. we have been talking about this for months, why now? >> there are 44 billion reasons facebook is doing that. they want that video advertising. if you look at everything that has gone on with facebook over the last year, with a stock chart really reflects is optimism that they will figure out new ways to gain revenue at their user growth slows down. fundamentally, the way these video ads will work, i think they will sell them as a high ticket item. one day possible so that will garner as much as $1 mill

"bloomberg west: inside ebay."uper bowl to fans turned to the ebay stubhub to buy tickets. stubhub is using technology and data to create a better experience for fans. i know you love your concerts. >> and a big sports fan as well. there is no more efficient market than stubhub. stubhub will opt in with a solution. ebay scooped it up in acquisition a few years back. check this out. -- it is time to change the way that tickets are sold. fant is about the experience. innovation is used across the business. takes a percentage off ticket sales on the rest goes to the seller. stubhub is after a lot more. the business has grown dramatically. back then it sold 10 tickets a minute. today in cells went to get every second. everysells one ticket second. it has grown with mobile ticketing. stubhub is a risk for even. the ebay gross margins have fallen. milking big data could be the key. .> this is a new science we are trying to understand that. arasu is the chief technology officer. >> where we are taking it to the next level

we will be right back with more "bloomberg west." ♪ >> you are watching "bloomberg west" where we focuschnology and the future of business. i'm cory johnson in for emily chang. let's get straight to the headlines. the apple store in berlin was robbed -- police say the thieves crashed the car through the window and stole laptops and ipads. they believe it is the same criminals who robbed another store in a similar fashion. sony sold its music offshoot, grace note and now they are trying to get rid of some nonessential businesses. grace note provides software using itunes and other music programs. italy's parliament has passed the google tax for web advertising. it requires italian companies to purchase internet ads from locally registered companies instead of companies registered in tax havens like bermuda. you may have heard this story -- pr director at irs -- at a company -- she tweeted, going to africa, i hope i don't get aids. just kidding, i'm white. she will landed in south africa and was immediately terminated which released the following statement. the offensive -- we take this v

we will be back with more on "bloomberg west" after a quick break. ♪ >> this is "bloomberg west."'m emily chang. william morris and ever will be representswhich sports and models. cory johnson is here. this would significantly alter the landscape of the talent agency world. tell us about the impact we are expecting. >> and this time of changing media, it's interesting that los angeles-based william morris endeavor and new york-based img will be combining. big agents in both worlds, $2.4 billion for the whole deal. models.of my favorite cristina alesci has been looking into this. >> there are too many to count. this is actually really interesting. it affects a lot of different industries. >> you say it makes a lot of sense, one agency buying another . the man who runs william morris and ever has done this before. he combined the businesses and made them more efficient to bring on more clients and potentially having last cost is you are doing with fewer agents. ofs is not the same kind business. img has an agency business but the profitability will come from developing contents, whi

>> live from pier 3 in san francisco, welcome to the late edition of "bloomberg west," where we cover the global technology and media companies that are reshaping our world. i am emily chang. our focus is on technology and the future of business. let's get straight to the rundown. move over google glass. getting into wearable tech, making all kinds of wearable gadgets. and amazon drones may still be years away, but sparking a revolution? and twitter is trying to get in on snapchat's turf. sending messages on the mobile app. well, congress has been racing to come up with a budget deal by their deadline this friday. we have some breaking news that tonight they have apparently reached a deal, and we are expected to hear any moment. yang, what are we expecting to hear? >> a few details about what this framework might look like. leading up to today, we have heard a lot about a trillion dollar spending almost for the next two years, but we are getting more details about how they plan to make up or those sequester cuts that they will be curbing. according to the deal, according to my colleag

tomorrow on bloomberg elevation, streaming on your tablet, ipad, and at bloomberg.com. ♪ >> this is bloomberg "westomberg television, streaming on your mobile, tablet and that bloomberg.com. it is buyingunced edge cast. the deal will accelerate the ability to provide online digital media content to customers. jon erlichman has more. why are they interested in this particular company? are goingompanies through a transition right now. what do you do? in this case they buy a company like edge cast. say they have business customers to host making verizon an e-commerce site. they can now go and say we have edge cast. maybe they call it something different. i can say we can provide you ways toher quality deliver videos through that site. by doing that, they can charge customers more money. wayshink about some of the others are nothing away at the customer business. texte using an app to instead of dealing with the high bill through the phone company. looking for ways to protect the business, protected dollars longer-term. >> this business, they offer right?ng similar, >> yes. we have seen that company st

this is "bloomberg west." now to our special year in series, the "bwest top 5," thinking about the top five gadgets we will see in 2014. our next guest's number five pick was interactive learning tools. here's why -- >> first of all, i think they are ready. the amount of gdp spent on learning is huge in this country. i think parents are going to start using their dollars towards tools that help their kids learn math and science and other things. if you look at what just happened with the coding in the last month with all those hours of free coding time, i think it will be a huge push by parents to give their kids something of value. >> this is stuff you know very well from your day job. i would love to get your reaction to your number five pick. >> we are seeing a lot of really interesting initiatives in schools. code.org has been huge. new york is making a huge push to teaching kids to do coding. we are seeing them reframe the way they do education based around these devices. >> we are going to move on to bri

and is "bloomberg west" am cory johnson.e going to be looking at exciting new stuff including designs from nike that is changing the way that sneakers work in the future. we will be back when "bloomberg west" continues. ♪ that aent startup crated --tudent offted said they will lay half of their workforce. basketball star kobe bryant unveiled a latest line of sneakers. the man behind the design takes a similar approach to johnny ive. technological innovation from the ground up. >> and there you go. we talk about the design of tech devices. technological innovation these days are help -- happening from the ground up including basketball shoes. coby incorporates marketing. i caught up with the crated by askingnd i started him about the design similarities between shoes and tech gadgets. general,k design in there's a natural design process that you go through and principles that transcend any or type of product you may be working on. i think with and footwear, a really interesting time that technology is changing and involving a

by 1.5%, that would be the big fall in a bit. ♪ >> this is the early edition of bloomberg west, i am chang. you can also adjust and are later time. for your bloomberg top headlines. ukraine says able to sign a trade deal with russia next week. this comes cap dirt -- after an embattled conversation with leaders. to back away from the russian deal, and sign with the you -- european union instead. official familiar with the board says the additions include replacing the essays military jeep with a civilian, setting up a panel to review eavesdropping on foreign leaders, and hiring a legal advocate to argue for privacy rights. police have turned away thousands of mourners singing to pay respects to nelson mandela due to cut -- time constraints. more than 100,000 people have shovel pass mandela's coffin over the past three days. they lies extending for miles, and mandela will be buried sunday in his home village. the fda has been cap -- cracking testing, 23genetic me saying the company has not provided enough evidence that those tests are accurate or scientific. i caught up with the cofound

thank you for joining us on this episode of " bloomberg west."ou tomorrow. ♪ >> i am mark crumpton. the is "bottom line," intersection of business and economics. tonight the u.s. senate takes a big step toward passing the budget deal. then the drone that is designed to look like a bird in flight. and we will take you on board a super luxury private plane where a flight to london could cost $80,000. to our viewers in the united states and to those of you around the world, welcome. we have full coverage of the stocks and

tune into "bloomberg west" tomorrow. byte, one number that tells us a whole lot. >> 13. 13 concert tours this year that generated $100 million or more. it was a big year. bon jovi and beyoncÉ topped the list. >> i was hoping you were going to let me guess. >> keep going. >> i saw pictures of the beebs. >> what about jay-z and justin timberlake? >> they did not get into the 100 million. big overseas demand, which really helps. beyoncÉ got some help from emily chang, obviously. >> don't we all? >> $2.4 billion, the overall box office or concert tickets for the top 20. >> thank you very much. ♪ >> professional chefs create meals from years of experience and by the equipment. to.can, it cooks all your mefa