welcome back to "bloomberg west."s company in the mid-90's when the internet was a shadow of what it would come. what was the original idea? guest: the original idea was to help the internet scale. we had this segment before on the computer science and ai lab. before there was real internet traffic, he was worried about it and how would you distribute the videos of scale and run a commerce site at scale, especially during holiday shopping? emily: how you did this in a lab with math and algorithms. how did you go from idea to legitimate business? guest: we never had that intention. m.i.t. has a business plan competition called the 50 k. now it is the 100 k. we entered it for fun and learn how to write a business plan. through the competition, we met venture capitalists, entrepreneurs, and learned about creating a business and ultimately, that is what helped us start the business. emily: we talked about mark zuckerberg starting facebook in cambridge and moving to silicon valley. why did you stay in boston? guest: it's a

"bloomberg west" is next. emily: i'm emily chang. this is a special edition of " bloomberg west." we are in district tall. we will be spending the next to the techiving in companies that call boston home. now the city is getting another huge boost from ge as it fromates its headquarters connecticut to boston's growing seaport district, not far from where we are now. mind ofhapes the current tech leaders -- but the city is working to improve its elf. i want to start with a look at venture capital and the funding environment because a number of top vc's are based here. from nass challenge -- a not-for-profit headquartered in boston -- our guest. $5 billion with over $500 million in revenue. and my cohost for the hour -- gentlemen, thank you for joining us. so, i will start with you. you have been on the show before. it is good to be in your neck of the woods. you guys invested in tech. what is it like to invest in when the heart of tech is in silicon valley? >> i live here. i commute quite a bit. it's smaller, but is very exciting. when we started back in 2005. , it felt very early.

west"st of "bloomberg this week on bloomberg television. ♪ emily: this is a special edition of "bloombergive from the media lab and cambridge massachusetts at m.i.t. now trying to settle and integrate refugees from the middle east and north africa, raising questions of public housing. the mayor of hamburg is collaborating with the m.i.t. meal lab to work on these issues. here's a look at what the group is working on. >> if the mayors want to increase entrepreneurship, have more creative, innovative places, they have to focus on diversity. people who to allow are currently priced out of the market to live and work in the creative heart of cities. achieving that goal means radically rethinking our living spaces in the way we move around our cities. has enlistedany changing places research group to settle and integrate refugees arriving in europe from the middle east. the vision is for homes to be small and places to be transformable so more people can live closer together. >> we think it should be effortless and almost magical. the face should just -- the space should just go through a danc

"bloomberg west" is next. ♪ emily: i'm emily chang and this is a special edition of "bloomberg west"n boston where we are surrounded by 1500 government and civic leaders for the annual meeting of the chamber of commerce. --come to those turning in tuning in on television and those here in boston. a huge discussion topic is the growing tech infrastructure. we will hear from the person who helped spearhead the move to boston, mayor marty walsh. first, we want to begin with biotech because while boston may have fallen behind look on valley in internet startups, it is holding its own in this sector. massachusetts gets more than triple li na of funding from the national institute of health in california. venture capital funding also spiked to a record $2 billion last year. the area we want to focus on his cambridge, home to 180 tech companies and all five of the top london hospitals in the united states as well as harvard and m.i.t.. our next guest comes from the isrt of that area and focused on genome scale technology and is using a vast database to help match similar cancer profiles and

you are watching "bloomberg west." opposed to the impeachment of the president -- president locke wrote today. on monday, the leader of the country in delegate -- invalidated the decision. opposition activists say at least 10 people are dead and several others wounded following two airstrikes in northwestern syria. the air raids came hours after a cease-fire was extended for another 48 hours. vice president biden has not endorsed either of the democratic candidates but he tells abc news who he thinks will win in november. >> we are all anxious to see -- >> who she is. i feel confident hillary will be the nominee and will be the next president. mark: mr. biden's comments go further down -- further them president obama. donald trump says he has narrowed his list of potential running mates to about five with deep resumes. he says he has not ruled out new jersey governor chris christie, who has been chosen to head trump's transition team. global news 24 hours a day powered by our 2400 journalists in more than 150 news euro

"bloomberg west" is next. ♪ ramy: this is "bloomberg west."oming up, we tell you why the latest funding for the chinese ride hailing service could mean bad news for uber. and, it is official, fireeye promotes a familiar face from within. we catch up with the new ceo on a day when shares plunge 19%. and, does donald trump have any friends in silicon valley? we find out whether the gop front-runner has built a wall between himself and potential bay area supporters. the biggest competitor to cooper in china is close to raising $2 billion in its recent round of funding. they close the round in the next few weeks, with a valuation of about $25 billion. that would make it the fourth most valuable start up in the world after uber, xiaomi, and airbnb. here to discuss this is david kirkpatrick. guys, welcome. first off, i want to ask you, david. is didi actually worth $25 billion? david: if uber is worth $60 billion, i think ultimately it is their biggest global competitor. those companies might ultimately consolidate. the chinese market is so importan

you're watching bloomberg west.ts from egypt civil aviation ministry says that floating material were found in the mediterranean off the greek islands. greek officials dismissed the report. >> if you analyze the situation ofperly, the possibility having this is higher. down onus 320 went egypt's coastline. it was en route from paris to cairo. is north atlantic alliance asking for turkey to be the 29th member. the alliances under national parliament. the houses voted to allow for the department of affairs to allow medical marijuana to its patients. it is shifting alongside public sentiment. i'm mark crumpton. it is now 6:30 in new york city. paul allen has a look at the markets. >> good morning. beis not really seem to leaking through to the asia-pacific. we look at new zealand. it is off 1/10 of 1%. crude oils strengthened. it was down to $63. also in australia, we are awaiting on the fiscal outlook. there is no nasty surprises afterwards. that will have an impact on that as well. we are now below that. over in japa

you are watching "bloomberg west." house speaker paul ryan will not support donald trump's nomination, at least not now. ryan, the 2012 vice presidential readye told cnn, "i'm not to do that at this point. i'm not there right now." he continued saying, i think what is required is that we unify the party. former republican presidential nominee mitt romney will skip the nomination in cleveland -- convention in cleveland. in march, mitt romney delivered a blistering attack on donald trump, calling him a phony and a fraud. donald trump has called romney a choke artist for losing the 2012 election. in canada, alberta is under a state of emergency. the declaration comes as crews with to hold back wind, wildfires that have already torched 1600 homes. officials say there are 490 -- 49 wildfires, seven out of control. more than 80,000 residents have fled. no word on injuries or facilities. -- fidelity's. at least 20 people are dead, dozens wounded, on a syrian refugee camp near the border with turkey. hundreds fled, including f

the best of "bloomberg west" this weekend on bloomberg television.n. ♪ brad: turning to another of elon musk's moonshot ideas. how can tesla meet its goal of delivering 500,000 electric cars by 2018? elon musk announced in even more ambitious production schedule on the most recent earnings call earlier this month. >> we are advancing the q3, for the model 3, both substantially. the overall volume plan, with tesla aiming to get to half a million run rate in 2018 instead of 2020. this is based off of a tremendous amount of demand for the model 3, which is a fraction of the demand we will have when people fully understand what the car is capable of. brad: musk is already talking about raising more capital, but that is only one hurdles tesla needs to overcome. dana hall is with me. first off, what is the giga factory? why is it so important to the future of tesla? dana: it is tesla's battery plant under construction east of reno, nevada. this is key to the future of the company, because the model three is supposed to be a cheaper car and it cannot get ch

bloomberg west is next. ♪ emily: i'm emily chang, and mrs.loomberg west coming up private investors and had an insatiable appetite for shares. but it secretive, private stock fell. a look at what happened. and shares are through the roof after fine materials beat on quarter to earnings. and ken instagram take on the likes of amazon and google? competition in the grocery delivery market heats up very but first, to our lead. ate tech stock has called off an opportunity for investors to buy for shares. be minimum funds would not selected for this deal, and as a result the sales team began to inform interested clients about this fact. here is how the transaction would have worked. investors show off $100,000 for stake until of their goes public uber goesuired -- public organs acquired. we get a glance into the complicated start investing. running his mouth for more is our news reporter eric newcomer who broke the story, and our guest host for the hour, for evernote ceo phil litton. what happened? for uber andemand they wanted to sell. it is a ver

"bloomberg west" is next. ♪ brad: i'm brad stone and for emily chang. this is bloomberg west.oming up, apple drops a billion dollar, investing in one of uber's rivals. what this means for apple's current mission and its relationship with the chinese government. pods a stepic closer to becoming reality? we have the details. tesla shifts reduction into ludicrous mode as ceo elon musk promises to deliver half a million cars by 2018. can he get there? we will discuss. but first to our lead -- apple dropping $1 billion on uber's rival in china and it's a big deal for several reasons. this is one of apple's biggest deals ever, second only to its acquisition of beats in 2014. it also came in just teed of president of the company met tim cook only about a month ago. and it could be a public show of goodwill to the chinese government. we will discuss what edge this didi in its battle with uber. brian white defended his buy rating on apple on "surveillance" this morning. guest: it allows apple pay to spread through china. it builds up goodwill with the chinese government and it's an int

emily: this is bloomberg west. i am emily chang.he social news service, the first network of newsletters. this product release comes in the midst of a heated debate between facebook and conservatives over the social network's responsibility to users, when it comes to disseminating news. here with us is the ceo. jonathan abrams. libin, managing director of general catalyst. app, right after e-mail. >> i checked to confirm that. but you still use it. i see that you are using it every day. thank you. emily: you can see a lot of information about me. jonathan: that is interesting. emily: that is interesting. is that an invasion of my privacy? jonathan: a lot of services know what you're reading, but hopefully they are not sharing. we are very strict. with nozzle, it is all about people consciously sharing things. you only see stuff that they tweet and retweet. we have taken a strict policy to sharing. emily: you guys are launching a network for compiling e-mails and newsletters. why? jonathan: e-mail newsletters are now hotter than ever

♪ emily: i am emily chang and this is the best of "bloomberg west."ere we bring you the top interviews in tech. in boston, we have been diving into the biotech and startup scene. we will kick off with comments from maher walsh. -- from mayor walsh. own andn holding its biotech. to the heart of the innovation cluster and conversation with foundation medicine. we talked to the director of the famed m.i.t. media lab, responsible for bringing the biggest innovations in tech from wearables to touchscreens. in boston, bringing the annual meeting of the chamber of commerce to meet the man who made the deal happen. walsh.ton mayor, marty i want to talk about boston in general. i was in silicon valley covering technology. it is the center of the tech hub, with new york in second. where is boston? >> number two in the percentage of tech workers in america. there is a lot of great things happening with the great ecosystem, innovative economy. we areoften wonder where right now. downtown boston, 35 percent of office space is tech companies. greate a lot of innova

"bloomberg west" is next. emily: i'm emily chang and this is "bloomberg west." coming up, the plot thickens around the $81 million heist be a bangladesh central bank. is the infamous group behind the sony hack behind it? plus we'll speaking to a former employee about his experiences in the facebook unit. plus are cell phones increasing our risks of cancer? some scary findings for the very first time. but first to our lead and i report from the cyber security firm that suggests a recent hack on the central bank of bangladesh in which delrds 81 million was stolen. this may be just the latest in string of attacks on a swiss network. the report links the bangladesh breach 000 to an october attack on a bnk in the philippines and the same group are plamed for stealing millions from an ecuadorean group. so how vulnerable is the rest of the flinl industry? i'm joined by symantec's technical director and security c.e.o. eric, i will start with you. so your research linked the swiss hack of the central bank of bangladesh to this philippines bank. tell us more with -- abou

"bloomberg west" is next. emily: i'm emily chang, this is "bloomberg west." coming up google dodges a $9 , million bullet. a jury verdict wipes out the oracle claim. biggest ride hailer, ft andhic alliance with ly others to take on uber. and the journalist who wrote the original story, outing peter thiel after thiel reveals he is indeed funding hulk hogan's lawsuit against him. to our lead, a $9 billion sigh for google. the u.s. jury has found that they did not need a license from the lawsuit that is dragged on since 2010. oracle has been seeking what it thought it was a fair slice of the profit google has reaped for more than $3 billion activations of the android operating system. it marks one of the largest jury verdicts in u.s. history. but oracle is not giving up so , easily. oracle general council saying we strongly believe that google developed android by illegal -- illegally copying java technology to rush into the mobile market. we believe there are numerous grounds for appeal. joining us now for more the impact of this case our editor , at large, cor

bloomberg west is next. ♪ emily: i am emily chang, and this is "bloomberg west."ing up, a question of trust. did a high-profile meeting with mark zuckerberg convince conservatives that facebook is a friend? we get details from someone who attended. plus, google and xiaomi a plan to take on apple and amazon. i caught up with xiaomi global vice president and former google exec, hugo barra. and dyson's second wind. the manufacturer is reinventing mainstream home appliances. the ceo joins us to talk about new products and the plans in the pipeline. now to our lead. mark zuckerberg met with conservative leaders wednesday at company headquarters to address concerns over a bias in the company's trending topic section. among those in attendance, glenn beck, barry bennett and former white house press secretary dana perino. after the meeting, zuckerberg took to facebook posting, i wanted to hear these concerns personally and have an open conversation about how we can build trust. i want to do everything i can to make sure our teams uphold the integrity of our product. the m

"bloomberg west" is next. ♪ emily: i am emily chang, and this is "bloomberg west."ig on boulder, brighter screens with bigger batteries. it is not coming until next year. plus, baidu behind the wheel. will the chinese search engine's advances in ai help the market in driverless cars? china's propaganda machine cranks out nearly 500 million posts a year. we will break down a new study from harvard that analyzes the marching orders. first, to our lead. news that apple is betting on a new screen for iphones in 2017. fromew screen will be made , which is more flexible and energy-efficient. samsung and sharp are saying they are investing. apple is an investor in all of them. they say orders to make the screens are up 40%. but will this mean for iphone sales after apple's first sales declined in 14 years? len ourdiscuss, alex bloomberg news apple reporter, and from new york, ceo of three ist. -- of thrill what do we know? >> we know that orders have been placed to make this stuff, basically. for the iphone 8. there have been rumors swirling year, inill come next the 2015

the best of bloomberg west continues after the break. ♪ emily: welcome back to "best of bloomberg west emily chang. let's turn to education in the way one man's vision may be changing the rules of the classroom. supercharging with video, completing school lectures at home. the khan academy. we are checking in with sal khan about what is changing in the world of education. it's been a year since we spoke and you have record numbers across every category. video, teachers, students. give us an update on where you are. sal: a lot of people associate us with videos, especially around math. we're much more than that. we had a partnership with the college board around the preparations for the sat. it is really exciting as we saw the data from this march where kahn academy was the official prep for it. we've seen a 20% reduction in paid test prep. nearly half of the students used kahn academy. 80% of the students take the psat and it can be used for a diagnostic. it's much more than videos. we are tied into things like the sat, trying to get as many students as possible to come the -- to becom

the best of bloomberg west continues after the break. ♪ emily: welcome back to the best of "bloombergi am emily chang. we cannot leave without speaking to one of the greatest visionaries in the area, director of the m.i.t. media lab. he is a two time college dropout. he is a three-time entrepreneur. he was tapped to become the director of the media lab in 2011 and believes a biological revolution is next. here is our interview with the m.i.t. media lab director joey tell. the biological revolution is next? what do you mean? >> 30 years ago when the media lab was created, computers were about big companies working on very special projects that most companies did not have to think about. eventually with the internet and other things, you couldn't not have an internet strategy. similarly, medicine and health has been about big pharma companies. if you look at all of the tools involved, the technologies involved, and the fact that health care is 24 hours a day from when you are born to when you die, it is becoming this convergence a lot like the internet has done for information. emily: b

emily: that does it for this edition of the best of bloomberg west.n us for more technology news every day of the week. next week will be back in san francisco bringing you the highlights from the google developers conference. see you then. ♪ angie: disappointing data underlining the challenge facing the economy. honda profit plunges again. the cost of recalling millions of cars with faulty airbags. the u.s. stock market hitting a snag concerned about restrictions. welcome to first up. right here in hong kong.

more of "bloomberg west" up next. ♪ ♪ mark: you are watching "bloomberg west."ith a check of your first word news. president obama drank filtered water in flint, michigan to show it is safe. the president's visit was his first in the drinking water became contaminated with lead. >> that's why i am here. that i see directly you and i hear you and i want all of you to know i am confident that flint will come back. mark: the president met with governor rick snyder and was briefed on the federal government's response to the crisis. a federal judge says hillary clinton will testify about issues of private e-mail server as secretary of state with a public records disclosures. the judge granted the request of the conservative group judicial watch. u.s. officials say an agreement has been reached with russia to extend syria's cease-fire to the northern city of aleppo. it takes effect at midnight damascus time. officials say they have seen a decrease in violence but violations continue in some areas. global news -- global news 24 hours a day powered by our 2400 journalis

that does it for this edition of the best of "bloomberg west."oin us for more tech news throughout the week every day at 6:00 p.m. eastern 3:00 p.m. pacific. we will be in san francisco bringing you the google conference. we will see you then. ♪ iaae-m" emily: it is behind some of the biggest successes in tech history. greylock opened its doors in boston 50 years ago, but since landing in silicon valley, it has backed hit after hit. they have backed 170 public companies, four of them worth more than $10 billion. joining me today on this edition of "studio 1.0," greylock partners david sze and john lilly. david, you have been at the firm for 15 years?

♪ emily: i'm emily chang and this is a special edition of bloomberg west from the storied m.i.t.edia lab in cambridge, massachusetts. it's the birthplace of so many innovations like touchscreen devices and gps. we have spent the last few days speaking to the entrepreneurs and investors driving the startup scene and heard from the cities established layers in robotics and i/o tech. now we spend the next hour going behind the scenes to where the ideas are conceived. the media lab specializes in anti-disciplinary thinking, looking for misfits and rebels, working on ground breaking products no one else would take a risk on. other ideas that got their start here, the precursor to google street view and one narrow by all it is here just one mark zuckerberg's breakthrough price. the media lab is pioneering research in biology, agriculture, urban living and more.

ambassador linda thomas greenfield is next. ,: you are watching "bloomberg west." start with a check of your bloomberg news. prosecutors of the work times trying futile at one time obey or testifying before the trial. many witnesses were elderly and said would not be available when the trial start sometime next year. public depositions would taint the potential pool. scientists say the water in flint michigan is safe for washing and bathing. the water became tainted in 2014. flint resumed using detroit water last october. a puerto rico tourism official has said the zika virus has led to the cancellation of at least 32,000 hotel reservations through 2018, translating to $28 million in lost revenue. puerto rico has been hit harder by zika than any other part of the u.s. donald trump is lashing out at that media for the media trying to pin down trying to find out how much money he raised when to veterans. he said the event raised $5.6 million and it is all being sent . he said he had not wanted any credit or helping to raise the money. global news 24 hours a day powere

"bloomberg west" is next. emily: i'm emily chang and this is "bloomberg west." thethe tech giant wave white flag in the smartphone wars? at&t makes its move on yahoo! after holding back in the bidding war, they are now all in. we will tell you what it means for verizon. peter thiel strikes back. funding been secretly hulk hogan and multiple cases against a stalker. in the smartphone wars, the latest sign microsoft is giving up on handsets. they've announced 1800 job cuts and a right down close to $18 billion, all tied to its acquisition of nokia. the ceo says we are focusing our phone efforts where we have differentiations and we continue to integrate across devices across our mobile platform. problem, microsoft could never make a dent in an industry dominated by apple. but those giants are struggling to maintain momentum. an opportunity to revisit the smartphone wars. who may be the next company to follow microsoft out of the ring? joining us is the director of mobile device research. microsoft has all but given up. does it mean they have given up? up in they g

that does it for the best of bloomberg west.s for the latest news from the world of tech. tune into the daily tech program, bloomberg west, and next week we will be live from city's exploring the most exciting startups. we will see there. ♪ carol: welcome to "bloomberg businessweek." i am carol massar. david: i am david gura. carol: right now, breaking the addiction to sugar. david: a cautionary tale to other unicorns. carol: and the powerful powerbroker behind donald trump. david: all of that and more, ahead on "bloomberg businessweek ." carol: we are here with 's"oomberg businessweek editor. you talk about the bank of england

next is "bloomberg west." ♪ emily: i'm emily chang and this is "bloomberg west." coming up, mr.ook comes to mumbai. ceos is on the apple itinerary for the very first time. will britain stay or will it go? sidesoft ticks -- picks in the great brexit debate. company chairman john thompson joins us to explain. shares took another dive. but first, to the lead. apple ceo tim cook set his sights on the massive market potential of india. he kicks off his first visit to the country wednesday. besides an unconfirmed meeting with the prime minister, he's pushing for opening of his first retail store in the nation and announced an accelerator program for ios developers in bangalore. so why now? india is clearly a market to lucrative to ignore. first salesd its decline in a decade. but indian shipment rose 66%. it's described as where china was 10 years ago, saying there is great opportunity there. the opportunity could come in the form of one billion smartphone shipments that's up for grabs. joining us is david kirkpatrick, delprawford democrat -- at. you guys have been doing a lot of work

you are watching "bloomberg west." begin a check -- with a check of bloomberg's "first word" news. they are ready and prepared to go back to the table a minute a cessation is in place. with these new mechanisms and the minute that the humanitarian blockade is opened up. mark c.: the meeting was held as deadly attacks in the northern city of aleppo continued. ted cruz faces a make or break moment for his campaign. he is in a desperate bid to overtake front runner donald trump in tomorrow's indiana primary. trump is the only candidate in the race who can reach the 1237 delegates needed. bernie sanders says, by the end of the primaries, front runner hillary clinton won't have enough players delegates -- pledged delegates to win that convention. it could result in a contested convention. global news, 24 hours a day, powered by our 2400 journalists in more than 150 news bureaus around the world. i'm mark crumpton. paul allen is in the australian capital as the country's treasurer begins -- prepares to deliver this year's bu

"best of bloomberg west" continues after the break. ♪ emily: welcome back to the "best of bloomberg west earnings, t-mobile beat estimates for adjusted earnings and revenue. the carrier also raised its forecast for the year and gained more than one million new monthly uses for the seventh straight quarter. i spoke with the company's ceo john leger earlier this week. i asked how long they can keep it up. john: service revenue is up 13.6%. emily, we still have less than 20% market share. our main competitors, otherwise known as dumb and dumber, are just not adapting to the uncarrier revolution and the things we are doing to change wireless. this can and will continue because we will not stop. emily: you summed up the verizon earnings in a rap. how would you rap t-mo's takeaways? john: first of all, i am trying to help verizon. their earnings could be summarized as we lost topline revenue, we lost post a phones, we walked back on 5g and we are still longing for millennials. that's all you need to know in a form that's absorbable by the millennial group and i put it in an auto rap format. i

that does it for this edition of "bloomberg west."breakdown of earnings after the bell from tesla, zynga, an fit bitd. that is all from san francisco. ♪ announcer: from our studios in new york city, this is "charlie rose." him his you call creative spouse, you talked to him as much as he talks to his wife. how did this begin? this working relationship? >> i would be curious to hear your version of this. if you want to go to the room where it happened, i remember when i first saw lynn, i had heard about

tune into the daily tech program, bloomberg west, and next week we will be live from boston, exploring exciting startups. we will see there. ♪ ♪ yvonne: coming up on "bloomberg best," the stories that shaped the weekend business around the world. some big deals come together while others fall apart. the race for the u.s. presidency takes a decisive term. -- decisive turn. plus a surprising rate cut. , the latest job cuts from washington and earnings, earnings earnings. >> valuations are down a lot since this past summer. >> it's hard to get a consistent even the europeans. yvonne: we have a heavy hitters in politics.

that does it for " best of bloomberg west."s for the latest news from the world of tech. tune into the daily tech program, bloomberg west, and next week we will be live from boston, exploring the city's most exciting startups. you will see you there. ♪ emily: she took ebay from a 30 person startup to multi-billion-dollar powerhouse. then ran a hard, expensive race for california governor and lost. now, meg whitman faces what may be her most ambitious challenge yet, turning around struggling silicon valley icon hewlett-packard. her solution, to split the company in two. perhaps the biggest seperation in the history of american business. joining me today on "studio 1.0", hp ceo and chairman, meg whitman. thank you so much for joining us. it is really an honor to be here with you. so thank you so much. meg: you are welcome. i am glad to be here.

the best of bloomberg west this weekend on bloomberg television. ♪ emily: we close our hour with a looke presidential campaign is playing out in silicon valley. are there signs that hillary clinton is getting a boost in the days after donald trump he the effective nominee for the republican party? which way will silicon valley's conservatives lean? my guest host for the hour, david kirkpatrick, is still with me. what do people in silicon valley think about this race? we know that peter thiel is officially a delegate for donald trump. i know that surprised a lot of people. week ago, as we watched the results coming out of indiana and ted cruz dropped out, making donald trump the presumptive nominee, we are looking to twitter and seeing mark andreessen tweet out saying that he will support hillary clinton. that was a tweet heard around the valley. a real indication that political partisanship in the valley is not as strong as it is elsewhere in the valley. here is a guy who donated to a super pac that supported mitt romney for years ago and would now between out his support for clinton. i

"bloomberg west" is next. ♪ emily: i'm emily chang and this is "bloomberg west."oming up, hpe getting an after our boost, in news they are spinning out a business to merge with another company. what it means for the company and meg whitman. plus toyota gets into car , sharing -- it's the latest car maker to invest in a ride hailing app. we will bring you all the details of its tieups with uber. and pebble out with its first ever non-watch device. can it move into health tech like the apple watch and should -- and fitbit? hp enterprise shares are surging in extended hours. this is half of the old hewlett-packard still run by meg whitman and focuses on storage and servers for corporate customers. the company is spinning off and merging it with computer sciences core in an $8.5 billion deal. the name of the company will be announced at a later date. joining us now for more is our bloomberg senior intelligence reporter. what is your take away on this deal? is it something that was expected? guest: it wasn't expected, but it makes sense. one part of the entity focused

mark: i am mark crumpton, you are watching "bloomberg west." an american servicemen killed in iraq is identified as a navy seal. a u.s. official says he was killed during an attack by the islamic state on iraqi-kurdish forces in mosul. a resolution, demanding medical personnel and hospitals be protected against violence and attacks. >> when strikes end up hitting surgical wards, something is deeply wrong. explanations are hollow to parents burying their children, and communities ready to collapse. mark: at least 20 people were killed in syria today, when rocket fire struck a maternity hospital in a government-held section of aleppo. this may be ted cruz's last stand in the race for the presidential nomination. if he loses today in indiana, it could make donald trump all but unstoppable. however, a trump defeat could increase the chances of a contested convention in july. for the democrats, they are still in a tight race. ms. clinton has 90% of the delegates she needs to become the nominee. global news 24 hours a day, from bloomberg world headqu

that does it for this edition of "bloomberg west."w sal kahn m.i.t.s history from does silicon valley and his latest plans for revolutionizing education. that is all today from san francisco. ♪ Âi ♪ manus: prime minister davutoglu expected to quit having lost a power struggle with the president. investors increasingly nervous about the strength of the global economy. last man standing donald trump is the sole republican contender after john kasich quits. he now must unite a divided party. it is

emily: that does it for this edition of the best of bloomberg west. tune in every day at 6:00 p.m. ome to "bloomberg businessweek." carol: the issue is now online. all that is just ahead. >> carol: i'm here with ellan pollack. >> you don't start, i have complaints of people on

"bloomberg west" is next. ♪ emily: this is "bloomberg west."e will break down and networking giant's future in an ever-changing world. plus, google sent out a wake-up call with daydream, the next generation for the tech giant in virtual reality. google's vp of vr joins us. and going live on twitter -- periscope has a new button for broadcast. lead -- the future of google is artificial intelligence. that was the message from the ceo as he kicked off the developers conference. google unveiled a new mobile messaging app that calls on the services a digital personal assistant, plus a voice-based search device called google home that will use the same technology to answer questions when you are at home. if it sounds like the popular amazon echo, that is probably the point. and third, a new virtual-reality program called daydream. our editor at large, cory johnson, has been in mountain view all day long on google's campus. let's start with a virtual reality. google already has a vr version of its apps, youtube. can they take on potentially apple in v

this is "best of bloomberg west." we bring together the top interviews from the week in tech.ll about earnings and apple posted its first sales in 2003. sales declines 2003. shares have taken a serious hit. is it a new era for apple? we will discuss. a tale of two tech companies as facebook hits the sweet spot. mark zuckerberg says more big bucks to come. and interview with the twitter cofounder and how he thinks twitter can right the ship along with a major announcement about his latest startup. first, to the lead. apple, the world's most valuable company, grappling with slowing demand for its flagship product, the iphone. it reported first sales declined since 2003. while that was expected, the numbers still caught some investors off guard. second quarter revenue was down and earnings per share was down 18% and warnings we could see another decline in the next quarter. i spoke to frank gillett. what are the main takeaways? cory: iphone units down 18% is the biggest take away. we know it is two thirds of revenue for the company. you've got growth in the market and shrinkage a

. ♪ this is bloomberg west. saw new alliances force between automakers and their challengers. the car industry braces for change exactly when it comes to the future of car ownership. the world's biggest car plants are hoping to secure a place in that future. let's take a look at who is leading the pack. ♪ >> carmakers are choosing sides in the ride-hailing wars. volkswagen invested $300 million in jet and toyota committed an undisclosed amount to uber. in january, general motors took a $500 million stake in lyft. let's not forget apples $1 billion bet on china's leader. with traditional car companies clamoring for a piece of the pie, which of the ride-hailers are leading the pack? uber may get all of the headlines, but lyft is taking on as much a big arrival in many u.s. cities and through international partnerships. claims to have more than 99% of the ride hailing market. it boasts close to 300 million users in over 400 cities. competing 1.4 billion rides in 2015. grab dominates in southeast asia with a presenc

that does it for this edition of "bloomberg west."ther big day of earnings from sprint, e.a., etsy, and cbs. that's all for today. ♪ manus: it is a big day for the banks. >> australia is in the spotlight. a budget is expected to show a widening deficit. manus: oil is below $45 with an eminent rate hike. energy. unde

emily: this us "bloomberg west." first quarter report card is out and how the payment company tends to fend off competition. nap chat ries about and where he thinks new media is heading. a evolution, the founder of the academy. first to our lead. shares down as much as 16% despite the first quarter revenue. and ues was $739 million investors are disappointed in that loss. what does the c.e.o. need to show wall street. c.e.o.a former what would you pull out herement here? >> and there was some commentary preceding the nd financial statement. and challenging market conditions. square in the way they extend edit to small businesses and $154 million. take that credit and sell it to investors. and don't have that the credit risk. and very attractive to investors. challenging market conditions and couldn't sell the paper during the quarter as quickly as they wanted to, and that is a big worry and going to get any profits. but can't sell the paper. emily: talking about square capital, giving up cash advances and turned it i

that does it for this edition of the best of "bloomberg west." next week, we will speak to u.s. tary when they come to san francisco. see you then. ♪ ♪ david: coming up on "bloomberg best," the stories that shaped the week in business around the world. could the chemistry be right for the heart center merger? >> you rarely see such a family rejection. david: does deutsche bank deserve more credit for its comeback efforts? it has been in decline the past couple of corners. david: has greece turned the corner in its debt debacle? high-profile leaders said share high-level insights in the week's best interviews. >> the regulars want this to be a level playing field. >>