you can follow all of these stories on your terminal on bloomberg.com and tictoc on twitter. romaine: thank you. caught in the trade crosshairs, the nikkei reporting that apple is asking it suppliers to take a look at shifting 15 -- 50% to 30% of its production capacity

. >> the headline on one of your many stories at bloomberg.com reads democrats refine contempt charges against william barr and don mcgann. what have they refined? what will we see on the house floor? >> there are a couple of changes to the criminal contempt resolution, which could have led to criminal charges against william barr for not producing the documents. they are going to the floor on tuesday, a full house vote on what is essentially a civil process to allow the committee and other committees to launch legal proceedings in federal court to get the documents and testimony they are seeking. because theynge realize the attorney general, if he were to be held criminally, would have to be prosecuted by the justice department, which he runs, and it is unlikely they would take any action against him. also believe they created a new process in this resolution where committee chairman no longer even have to hold committee votes but floor votes to try to get movement from a special committee, which is basically run by speaker pelosi to get permission to intervene or launch legal action

you can read his report on bloomberg.com, and he is on twitter. billy house, thanks so much. >> we will have live coverage monday of the house and rules committee voting on a resolution authorizing judiciary chair jerry nadler to pursue enforcement of subpoenas for attorney general william barr and former white house counsel don mccann. all pressprich -- covers starts c-span three,n on online on c-span.org or on the free c-span radio app area -- at. app. morning, up saturday carl evers hellstrom of open secrets will discuss his new report on former members of congress who end up employed as lobbyists. our spotlight on magazine segment will feature a nature magazine consultant to talk about her investigation peace, gag order, looking at the treatment of prisoners in a super max prison in colorado. and then, the smart approaches to marijuana, with some of his group's effort to oppose the commercialization and normalization of marijuana. c-span'so watch washington journal live at 7:00 eastern, saturday morning. join the discussion. sunday, on q and a

you can find much more of that exclusive interview with the founder and ceo of huawei at bloomberg.com local listings for a bloomberg television special, huawei: connected and contested through the weekend. coming up on "bloomberg best," more compelling conversations. the ecb vice president discusses the latest financial stability morgan stanley ceo speaks exclusively on markets. he said the problems may be all in our heads. >> the issue is the market psyche. viviana: this is bloomberg. ♪ ♪ welcome back to "bloomberg best." morgan stanley's chairman and ceo doesn't expect a full blown trade war between the u.s. and china, but he says anxiety about trade is having a negative effect on markets. with him atlusively the morgan stanley china summit in beijing. ♪ the market psyche is fragile. i would say the market itself encore fundamentals is fine. unemployment is 3.5%. who thought this was possible a decade ago? we have very muted inflation and there's plenty of liquidity -- the issue is the market psyche. there is more downside risk than upside risk. or people think the market is heading

you can check out many more interviews from jonathan ferro's day at pimco on bloomberg.com.our local listings for a bloomberg television special featuring his complete conversation with manny roman and dan iversen. the european central bank presented its financial stability reports. zone's risks to the euro private and public finances has risen. vicesat down with ecb president and asked him about 's key findings. there are downside risks. mainly related to situations outside the borders of the area. that is something we have to take into consideration. >> when you watch what is happening between the u.s. and china, are you concerned about the sure to come trade war between the u.s. and europe? isi think now, the focus immunization between china and the u.s.. risks are thein trade tension. what we have seen are some announcements. the real risk would be an escalation toward full-fledged trade war. over the past few days and weeks, we are pretty much there? >> i hope that will not be the case. i hope that at the end of the day, common sense will prevail. if that is not the cas

get that where you download your podcasts and that bloomberg.com. -- and at bloomberg.com.ol: also, the magazine this week, we have an excerpt from our interview with the cisco ceo. up next, the one-shot gene therapy that could treat incurable diseases. jason: and imagine a $20 smartphone with a five-day battery life. those stories just ahead on "bloomberg businessweek." ♪ jason: welcome back to "bloomberg businessweek." carol: you can also listen to us on the radio. jason: in the bay area, london, and to the bloomberg business -- london on dab digital and through the business app. carol: advances in gene therapy appeared to successfully treat once incurable patients. jason: this progress does not come cheap. i talked to james patton. james: it is a very interesting time. we are entering a new frontier in medicine. the science is accelerating rapidly. in the field of therapies that replace missing or malfunctioning genes is really at a turning point after many years of struggles and setbacks. we are talking about treatments that are intended to be given to patients a single

also catch up by listening to our podcast on itunes, soundcloud and bloomberg.com.e and on our mobile app. turning to technology, businessweek got the first look look at a drone maker dji's new creation. jeff: >> dji, which people will recognize as the maker of this quad copter drone, is now trying to expand into ground warfare with these diy $500 tanks. carol: it is part teaching tool, part battle bot. jeff: with the quad copter drone, the phantom, generally you are buying it ready to roll out of the box. this thing is significantly assembly required. jason: what are they going after? not just of the diy market necessarily, but i feel like this is the postmodern version of like building a little model airplane or something like that, but it is bigger than that. jeff very much so. : build your own remote control car kind of element to this. but the main objective they would say, aside from attracting attention to other products, is to circle up with the robo masters competition they hold every year in shenzhen. it is a three-week tournament with a are trying to iden

viviana: you can check out many more interviews from jonathan ferro's day at pimco on bloomberg.com.cal listings for a bloomberg television special featuring his complete conversation with ceo manny roman and cio dan ivascyn. this week, the european central bank presented its financial stability report. it says risks to the eurozone's private and public finances has risen. it's site both internal and external threats to growth. matt miller sat down with ecb vice president luis de guindos and asked him about the report's key findings. luis: the economy is growing. it is growing at a slow pace. it is going to be slightly above 1%. there are downside risks. but these downside risks are related mainly to issues outside the borders of the euro area. that is something we have to take into consideration. matt: i wonder about trade. when you watch what is happening between the u.s. and china, are n't you concerned about the sure to come trade war between the u.s. and europe? luis: i think that now the focus is what is going on between china and the u.s. i think that the main risks are the tr

viviana: you can check out many more interviews from jonathan ferro's day at pimco on bloomberg.com. your local listings for a bloomberg television special featuring his complete conversation with ceo manny roman and cio dan ivascyn. the european central bank presented its financial stability reports. it says risks to the eurozone's private and public finances has risen. it cites internal and external threats to growth. matt miller sat down with ecb vice president luis de guindos and asked him about the report's key findings. >> the economy is growing. it is growing at a slow pace. it is going to be slightly above 1%. there are downside risks. but these downside risks are related mainly to issues outside the borders of the euro area. that is something we have to take into consideration. matt: i wonder about trade. when you watch what is happening between the u.s. and china, are you concerned about the sure-to-come trade war between the u.s. and europe? luis: i think that now the focus is -- i think that the main risks are the trade tension. so far what we have seen are some announcem

you can follow all these stories on your terminal, at bloomberg.com, and at tictoc on twitter.bowling ceo dennis muilenburg says he expects the grounded 737 max jets to return to the sky by the end of the year, possibly with a new name. they talked about plans to repair the jets, get them recertified, and when the max will fly again. dennis: first of all, safety is our paramount focus. that is the tone for the entire show. we are making solid progress of bringing the max backup. simulation flights this week. we hope to schedule the certification flight shortly and then get the airplane back in the air. all of this is being done through the lens of safely -- safety. >> 2019, 2020? dennis: it is something we expect to happen by the end of this year. we expect it to happen this year. >> are the regulators going a little deeper into the systems than anticipated? dennis: it is a thorough examination and we expect that and encourage it. we are working with regulators around the world, the faa, chinese authorities, canada. we are working with bodies around the world and it is importan

our dailyck out business week podcast on itunes, soundcloud more bloomberg.com. .- four bloomberg.commore bloomberg television starts now. ♪ ♪ this is the "best of bloomberg technology." coming up, shots have been fired between the u.s. and china in the global trade war. the tech sector in the crossfire. who is poised to win and lose? plus, facebook is putting together "an almost supreme court." new content oversight board will review controversial decisions about what goes up and what is to come down.

you can catch up on bloomberg and you can listen to our podcast on bloomberg.com. can also find us online at businessweek.com and our mobile app. in this week's feature section, bringing ge back from the brink. the new ceo may not be able to restore it to its past glory but he might be the best hope to fix it. come into my terminal at gtv . we charted ge's market cap. as you can see, it once outpaced all of its rivals like united boeing, and, honeywell, but it has recently fallen below its major competitors. they are saying the key to turning around ge will be to sell off some of its unprofitable businesses and tightus on a laser strategy. we got more on ge from our reporter in chicago. >> why would theo epstein take the gm job at the chicago cubs? he was loaded up at the boston red sox. why? the greatest comeback, 108 years, no world championship. so now larry culp is offered ge and he spoke about this in an article with the harvard business school publication, where he said, my friends are telling me "what are you doing?" have a great legacy. you made all of

finds that on itunes, soundcloud, and bloomberg.com. us online and through our mobile app. carol: the technology section, with huawei's selection of drying up. jason: they are working on contingency plans. we talked to our editor. >> we have been covering huawei a lot from the perspective of president trump and how he has targeted the company, encouraging our allies to take action. we have been tracking this is now the story our reporters in asia have been following is, basically, they are calling up their troops. calling on all employees. the business is operating 24/7 to react to what has been happening. and what is happening is the commerce department has taken action against the company and put it on a blacklist. the company cannot buy parts from u.s. companies and u.s. companies cannot do business with huawei. now, it is starting to have a trickle effect. trump's efforts to get allies to go along with this is gaining traction. so huawei is looking to basically make up for any of those needs that were fulfilled by u.s. companies int

emma: you can find more of that excessive interview at bloomberg.com.g up on bloomberg best, more big-company news. plus, conversations from the paris air show. a ceo struck a tone of optimism. >> we are making good, solid maxress on bringing the backup. emma: this is bloomberg. ♪ we're the slowskys. we like drip coffee, layovers- -and waiting on hold. what we don't like is relying on fancy technology for help. snail mail! we were invited to a y2k party... uh, didn't that happen, like, 20 years ago? oh, look, karolyn, we've got a mathematician on our hands! check it out! now you can schedule a callback or reschedule an appointment, even on nights and weekends. today's xfinity service. simple. easy. awesome. i'd rather not. emma: welcome back to "bloomberg best." i am emma chandra. aviation executives came together this week for the paris air show, an annual opportunity for aircraft buyers and manufacturers to meet and make deals. the spotlight was on boeing, still reeling from the grounding of its 737 max, and airbus, hoping to take advantage of the set

you can follow all of these stories on your terminal on bloomberg.com and tictoc on twitter.ne: thank you. caught in the trade crosshairs, the nikkei reporting that apple is asking it suppliers to take a look at shifting 15 -- 50% to 30% of its production capacity out of china. let's bring in mark gurman, a bloomberg technology reporter in los angeles. when i saw this report, the first thing i thought was 15% to 30% does not seem like a lot from a company like this this is not a move that can be made overnight. mark: you are absolutely right. 10 yearprobably a endeavor. they basically make everything that they sell in china or around china. it is going to take a considerable amount of time. they have to start somewhere. we did speak to two major apple suppliers that we will not name that pushback on this idea. at the same time, it would be a responsible if apple was not exploring this. i think apple is exploring this, just it may not hit the level with these bigger suppliers as of yet. peripheral be some products rather than the golden products like the iphone and ipad. joe:

if you like bloomberg news, check out bloomberg.com, and bloomberg radio.his is bloomberg. ♪ emily: it has been a week dominated by trait. on friday, the president announced tariffs on imports from mexico in retaliation for people crossing the u.s. border illegally. in the meantime, china announced it is compiling a list of unreliable entities. in retaliation for the blacklisting of huawei. making good on its promise to retaliate against president pence latest round of trade duties. joining us is tom giles and rebecca, the founder of silla can dragon -- silicon dragon. rebecca, the chinese are digging in their heels and preparing for a long-term fight. experts are saying it could last until 2035. what is your take on the level of seriousness here? rebecca: i think it has gone from beijing and washington, d.c. and spread out to other aspects of our economic life and i think we are just at the beginning. the rhetoric has certainly become much heavier and i think we are really in for a long run. emily: this list of unreliable entities is rather vague and could

you can also find them at bloomberg.com, along with all the latest business news and analysis 24 hoursbe all from "bloomberg best" this week. thanks for watching. i am emma chandra. this is bloomberg. ♪ david: was it the hardest job you ever had? gen. kelly: it was very hard but very meaningful. not very enjoyable. david: your family was a blue-collar family. gen. kelly: very blue-collar. my dad was a world war ii vet. greatest man i ever knew. david: you were in combat. did you expect that you would survive? gen. kelly: it's a lot of shooting and bombs and whatnot. we are marines. david: did you ever say to the president that maybe the tweets are too much? gen. k

emma: you can find much more of that exclusive interview with sheryl sandberg at bloomberg.com .oming up on "bloomberg best ," more of the weeks company news, including slacks venture into the venture capital market. plus, more from the terrorist airshow. -- paris airshow. boeing's ceo commented. >> we are making good, solid practice on breaking max back up. ♪ emma: this is bloomberg. ♪ we're the slowskys. we like drip coffee, layovers- -and waiting on hold. what we don't like is relying on fancy technology for help. snail mail! we were invited to a y2k party... uh, didn't that happen, like, 20 years ago? oh, look, karolyn, we've got a mathematician on our hands! check it out! now you can schedule a callback or reschedule an appointment, even on nights and weekends. today's xfinity service. simple. easy. awesome. i'd rather not. emma: welcome back to "bloomberg best." r.i.m emma chandra. am emma chandra. aviation executives came together this week for the paris air show, an annual opportunity for aircraft buyers and manufacturers to meet and make deals. the spotlight was on boein

you can also find them at bloomberg.com, along with all the latest business news and analysis 24 hourswill be all from "bloomberg best" this week. thanks for watching. i am emma chandra. this is bloomberg. ♪ ♪ carol: welcome to "bloomberg businessweek." jason: we are here at harvard business school in boston. this special edition of bloomberg businessweek be school. --b-school. carol: trade tensions ahead of next week's g20 conference.

you can read his reporting on bloomberg.com and you can read him on twitter. billy house, thank you so much. senator bernie sanders will join !" podcastingl live in iowa for a discussion. older members of congress hearing on the use of tax funds. this is about 30 minutes. >> this is our first time being a part of a podcast. so that is exciting. [applause] super fun. and this is our third time playing a show, opening for bernie. [applause] too.at is fun it is times like this i wish they had mics so they could talk. even though i love to talk. i really do. the minute there is a mic in front of me, i get all weird. we have put together a coalition urging for more transparency in elections, more government accountability. so we are very active on as a issues and political reform. host: and how do you go about doing that? >> we do a number of things. we have a small policy team working at the capitol pushing for new legislation. i am the head of our research program. , i am a former reporter who spent a long term covering money in politics and we are issuing a numb

for a drove down of the etf -- for a drill down of the etf content, you want to check out bloomberg.comis is "etf iq." ♪ scarlet: i am scarlet fu. this is "etf iq." for every etf that offers exposure to a theme, it is not long before others promise a -- promised the same. videogames is big business but they cannot seem to get investors respect. launching the third video game etf in the market, but before we talk to our guest, eric balchunas is going to give us the drill down. eric: the round who bit craft e-sports and digital entertainment etf, a lot of people call it nerd because it is a mouthful. two things that stick out, it does not use videogames in the name, we will talk about why that may be key. digital entertainment is what they are going for. and look at the price, 25 basis points is cheap, but that is only guaranteed for a year, they have the option to go to 50 basis points. they may or may not. that is very cheap. let's look at the holdings. a little bit more of a targeted fund. there are smaller companies in here. this is a streaming video service. this is a live event, lik

for a drill down of the etf content, you want to check out bloomberg.com.his is "etf iq." ♪ scarlet: i am scarlet fu. this is "etf iq." for every etf that offers exposure to a theme, it is not promise theothers same. videogames is big business but they cannot seem to get investors respect. launching the third video game etf in the market, but before we talk to our guest, eric balchunas is going to give us the drill down into his fund -- nerd. eric: the roundabout bid for e-sports and digital entertainment etf, a lot of people call it nerd because it is a mouthful. two things that stick out, it does not use videogames in the name, we will talk about why that may be key. digital entertainment is what they are going for. and look at the price, 25 basis points is cheap, but that is only guaranteed for a year, they have the option to go to 50 basis points. they may or may not. that is very cheap. let's look at the holdings. a little bit more of a targeted fund. there are smaller companies in here. this is a streaming video service. this is a live event, like ten

and this is just the tip of the iceberg, for all of the etf content, you want to check out bloomberg.comts.etfs. this is "etf iq." ♪ ♪ scarlet: i am scarlet fu. this is "etf iq." for every etf that offers exposure to a theme, it is not long before others promise a -- promised the same. videogames is big business but they cannot seem to get investors respect. will hershey, co-founder launching the video game etf in third the market, but before we talk to him, eric balchunas is going to give us the drill down into will's etf fund. nerd, two things about this fund that stick out. it does not use videogames in the name, we will talk about why that may be key. digital entertainment is what they are going for. and look at the price, 25 basis cheap,for a theme etf is however, that is only guaranteed for a year. they have the option to go to 50 basis points. that is very cheap. let's look at the holdings. the holdings, a little bit more of a targeted fund with smaller companies. this is a streaming video service, this is a live event, this is a gaming operator, ,odern times -- live events e-spor

and if you like bloomberg news, check us out on the radio, listen on the app at bloomberg.com and inhe u.s. on sirius xm. this is bloomberg. ♪ emily: on wednesday, u.s. special counsel robert mueller broke his silence about the russia investigation. perhaps the most telling statement, he said if he and other investigators had confidence the president clearly did not commit a crime, they would have said so. before stepping away from the podium, mueller also had one last important message about russian interference in the 2016 election via social media. robert: and i will close by reiterating the central allegation of our indictments, that there were multiple systematic efforts to interfere in our election. and that allegation deserves the attention of every american. emily: jason casey, chief technology officer of securities scorecard and bloomberg's shannon pettypiece joined us in washington for a reaction. shannon: there wasn't much new in this press conference. he basically gave a five-minute or so summary of his report. but the visuals and hearing it directly from him i think has

and for a drill down into all of bloomberg's etf content, check out bloomberg.com/markets/etf.his is "etf iq." ♪ scarlet: i am scarlet fu. this is "etf iq." for every etf that offers exposure to a sector or country, others are quick to follow. the u.s.-china trade war leading beijing to accelerate innovation across the economy. brad loncar is ceo of loncar investments, which sees growth opportunities in chinese biotech. before we talk to him, eric balchunas will give us the drilldown into loncar's chna funds. eric: you will be hard-pressed to find a more specific etf out there that tracks biotech and pharma in china. here, you have got it is very small, 3 million. so if you trade it, use a limit order. expense ratio is 79, a little high, but this is highly exotic exposure. look at the holdings. yours truly, i don't recognize any of the companies here. i spoke with one of our analysts in b.i., they say it checks out, but this is very specific stuff. a lot of biotech and pharma. as the name presents itself. also, all hong kong listed. let's compare it to chih, the only other heal

if you like bloomberg news, check us out on the radio, the bloomberg app, bloomberg.com, and in the u.s., on sirius xm. this is bloomberg. ♪ facebook is emily: looking to create a new content oversight board. they are creating a series of simulations across the globe as they plan an independent board to review content moderation decisions. the board will decide on appeals for content that may have been removed. zuckerberg has mentioned the idea for independent appeals process is almost like a supreme court, quote unquote, his words. the supreme court is nominated by presidents and confirmed by congress. how would this be put together? ,> that is the biggest question that they want it to be an independent group but we don't know exactly who is going to be picked, how big it will be. they say it will be around 40 people and then they break up into small groups of 3-5 to review individual cases. you pick a group of 40 people that actually -- that accurately reflects a billion people? emily: how do you do that if facebook is doing the picking? andt will be very hard obviously facebook is pa

all the stories on your terminal, at bloomberg.com, and at tictoc on twitter.ing pulling out a new weapon in the trade war with the u.s.. tourists. the chinese government issuing a travel advisory for citizens looking to travel to the united frequentying shootings, robberies, and theft. theese tourists provide biggest boon to the u.s. economy than any other, providing $36 billion last year. works at a platform that provides marketing to leaders of the global trend -- global travel industry. talk to us about how significant chinese tourism is certain key domestic u.s. industries. >> it is hard to overstate how important chinese travel is to the u.s. economy. and from the world travel tourism council says 11% of all tourism spending in the u.s. comes from all chinese visitors and they only account for 4% of visitors. ,hey not only like to travel they like to spend. start: i wonder, if they cracking down and not coming to the u.s. -- we are showing here some of the other companies they are visiting like russia, france, germany, but i imagine it could also be a pus

if you like bloomberg news, check us out on the radio, the bloomberg app, bloomberg.com, and in the u.s., on sirius xm. this is bloomberg. ♪ emily: president trump's top trade representative appeared before the senate finance committee and continued to stress the administration's view that china's taking advantage of the united states. 301 toave used section investigate unfair trade practices with china. we believe our economic relationship with china has been unbalanced and grossly unfair to american workers, farmers, ranchers, and businesses for decades. 's sarahloomberg mcgregor is with us, who leads our economic policy coverage. what were the highlights of what lighthizer had? tosay today sarah: -- had to say today? sarah: president trump tweeted that he and he jinping had agreed to break the stalemate and have these talks at the g20. u.s. officials and chinese officials are trying to get a trade deal restarted again. emily: what should we read from president trump's description of his phone call with president xi and the fact that the two sides will start talking ahead of their mee

you can follow all the stories on bloomberg.com and on twitter.an burgers continuing to cook up attention. the u.s. secretary of agriculture visiting impossible foods for a taste test. >> have you tried one of these things yet? background, he likes the meat i mean look he's got a job to promote the grain >> just skip the middleman. >> the fact that the impossible burgers, they say their burgers -- with how water he stands with the whole environmental issue. >> is 2019 >> i'm glad he's gone there. rubenstein ar from woman led firm and investigative company focusing on healthy eating. this is bloomberg. melanie rubenstein is the daughter of carlisle founder david rubenstein. she spoke with erik schatzker about her woman led firm. >> i grew up as daddy's little girl. i loved everything he was doing from the moment he entered it. i think as children you are a sponge and you love the dinner conversation, you love hearing the cool products you might bring home. i was lucky to travel with him overseas on several trips. >> do you worry about the big shoes

catch up on our daily show by listening and subscribing to our podcast at itunes, soundcloud, or bloomberg.comcarol: find us online at businessweek.com and our mobile app. jason: in the politics section, the islamic state is largely disputed on home territory. carol: but the organization is rebuilding africa. the leader of the islamic , as most of us are aware, reemerged in a video in which he discussed the sri lanka bombings, the resurgence of the caliphate, especially in africa. he took a pledge of loyalty from a group, they are looking at expanding into sedan and on sudan and algeria and they are looking to recover, recharge, and refund their activities. in theyou have this story, they are doing it differently. they are not trying to be extremist in terms of targeting everybody including civilians. they are going after soldiers and helping people that did wells -- dig wells and help them live better. jillian: a group that split off has done exactly that. islamic state, many of their attacks have targeted large numbers of civilians. this group is targeting more soldiers and working with the

check out our podcasts at itunes, soundcloud and at bloomberg.com.find us online at businessweek.com and through our mobile app. carol: we are here at harvard business school. jason: another of the school's prominent alumnus class of 81 scott sperling, copresident of thomas h lee partners. they have an aggregate value of over $150 billion. scott: we have always been investors in growth-oriented companies. if you go back through our history, we have looked through sectors that have growth. we try to five sectors with good, long-term secular growth drivers. we try to invest to build them into a much better enterprise. we are building buying companies that have proven to be cash flow generative and bring our own expertise to bear so we can improve all of the key business processes of these companies in ways that allow them to take market share to grow revenue rapidly and to be more efficient in generating various metrics of profitability. jason: given everything going on in the world, are you a buyer or seller? scott: both. net is hard to say. depending

it will also be streaming live on bloomberg.com, where you can always find the latest business news andnks for watching. i'm taylor riggs. this is bloomberg. ♪ we're the slowskys. we like drip coffee, layovers- -and waiting on hold. what we don't like is relying on fancy technology for help. snail mail! we were invited to a y2k party... uh, didn't that happen, like, 20 years ago? oh, look, karolyn, we've got a mathematician on our hands! check it out! now you can schedule a callback or reschedule an appointment, even on nights and weekends. today's xfinity service. simple. easy. awesome. i'd rather not. ♪ >> i am emily chang in san francisco and this is "bloomberg technology." apple moves manufacturing of its new macbook pro computer from the u.s. to china. the timing raising eyebrows in the midst of the u.s.-china trade war. what signal is apple sending? plus bitcoin breaks through $12,000. optimism over facebook helping to push the cryptocurrency higher, despite regulatory pushback. should investors be worried or

if you like bloomberg news, check us out on the radio, the bloomberg app, bloomberg.com, and in the u.s on sirius xm. this is bloomberg. ♪ eray: apple unveiled a new for apps and software at its annual worldwide developers conference involving the mac pro, siri, and even breaking up itunes. here is apple senior vice president of software engineer talking about the new version of ios. >> ios 13 is a huge release. nothing is more important to iphone users and performance. this year, we worked top to bottom, making everything faster so that you do the most. things like unlocking with face id, now 30% faster. emily: on one of its most important days of the year, the tech giant was upstaged by a possible probe from the u.s. department of justice. bobmore, mark gurman and o'donnell. talk about the scene on the inside. was there any sense of what was happening on the outside? bob: there was nothing about it. they are the most enthusiastic fan boys and fan girls. particular for dark mode, not that big of a deal. it looks cool, and that's great. but it was interesting because it was a classic ca

you can listen on the bloomberg gap, bloomberg.com, and in the u.s. on sirius xm.his is bloomberg. ♪ vonnie: the e-sports market is booming with highly skilled players, arena-sized audiences, and a revenue projected to reach $1.8 billion by 2022. bloomberg's shelley hagan takes a look. shelley: it is a far leap from the penny arcade. e-sports takes the gaming world with arena sized audiences and big sales. they raked in $865 million in revenue over 2018. the audience is larger in asia, boasting 50% of the world's viewers, compared to 12% in north america. with the e3 conference underway this week in california, all eyes are on the booming business. blizzard and electronic arts have a combined market cap of more than $60 billion. private investment is growing as well. venture capital investment in 1.8 billionched dollars in 2018. e-sports, north american teen, recently raised -- a north american team, raised 58 million last year. fortnite and league of legends. the winners take home more than the high score. the largest prize pool was more million. with the global m

if you like bloomberg news, check us out on the radio, the blumberg gap, bloomberg.com, and in the u.son sirius xm. this is bloomberg. ♪ emily: now to a story that continues to develop. the u.s. government has divided oversight for possible investigations into apple, amazon, facebook, and google over possible antitrust concerns. the enforcement is up the department of justice and federal trade commission. >> the antitrust laws don't punish companies just being big. when companies have big market shares, that is something that matters, it is often a spring board for antitrust enforcement, but he company could have a big market share simply because it does what it does better than anyone else. our job is to determine if a company has a large share because of what it does or is it doing something improper, something that is anticompetitive, and because of that is big and successful. romer,alked with paul and he said that maybe antitrust laws are not the way to go with some of the issues we are facing. >> it goes beyond traditional economic concerns. one of the questions we should be askin

jason: check out our daily business week podcast on itunes, soundcloud, or bloomberg.com.re bloomberg television starts now. ♪ ♪ emily: this is the "best of bloomberg technology," where we bring you all of our top interviews from this week in tech. coming up, shots have been fired between the u.s. and china in the global trade war. the tech sector in the crossfire. who is poised to win and lose? plus, facebook is putting together an "almost supreme court." the company's new content oversight board will review controversial decisions about what goes up and what should must come down. cyber stri

eastern july 4, it will also be streaming live on bloomberg.com where you can always find the latest hours a day. that is all for bloomberg best this week. thank you for watching. i am taylor riggs. this is bloomberg. ♪ ♪ haslinda: they are the future of asean. tech savvy and on the move. creating a whole new consumer class. >> it's quick, it's fast. haslinda: more than one third of the people are aged between 15 and 34. >> one of the biggest brands for use in millennials. what is better than one of the youngest populations in the world? haslinda: creating opportunities. driving change. >> if you can make it in asean, you can make it anywhere. haslinda: leisure, e-commerce, leadership. >> everybody is full of promise and passion. all this know-how from abroad.

if you like bloomberg news, check us out on the radio, the bloomberg app, bloomberg.com, and in the u.s., on sirius xm. this is bloomberg. ♪ emily: intel is reviewing its supply chain amid growing uncertainty with the u.s.-china trade war. in an interview sunday, ceo bob swan said he is encouraging both companies to engage in dialogue to mitigate tariffs on phone companies. bob: we have a lot of customers there, a factory there, lots of brilliant engineers in china. it is a good market for us. we've been focused on encouraging the governments on both sides to engage in constructive dialogue. we do not believe tariffs is an effective way to drive global trade. that is where we think we can have some influence. we obviously don't have control. what we try to do with our customers and partners is try to mitigate any consequences of tariffs that could be in place that impact the free flow of goods around the world. our customers need product and some of our global customers have big assembly operations in china. we need to work constructively with them to mitigate these implications. >> you

you can also find them at bloomberg.com, along with all the latest business news and analysis 24 hours thanks so much for watching. this is bloomberg. ♪ ♪ emily: i'm emily chang in san francisco, and this is "bloomberg technology." under report, the u.s. justice department is close to approving the sprint-t-mobile merger despite early hurdles in the way of a deal. what are the chances the $26 billion transaction goes through? u.s. government agencies prepare for antitrust investigations, who will come out on top? ipoc for the buying spree during

get that at i tunes and bloomberg.com.loomberg television starts now. ♪ scarlet: i am scarlet fu. this is bloomberg "etf iq," where we focus on the access, risks, and rewards offered by exchange traded funds. scarlet: time for t-war. a timely etf designed to benefit from a prolonged tariff fight hits the market just before president trump and xi get ready to meet at g20. active and passive. investment advisor ross gerber explains how he uses etf's to supplement his stockpicking. and retractable things. investors looking to express a view on big tech names are spoiled for choice, including a

we want you to sign up for the balance of power newsletter at bloomberg.com/politics. your inbox every single day. tomorrow, a pair of fed president will be joining bloomberg television. robert kaplan and charles evans will be joining us. live from new york, this is bloomberg. ♪ mark: i'm mark crumpton with bloomberg first word news. the trump administration is imposing major travel restrictions on visits to cuba by american citizens. the measure will ban stops by cruise ship's and and and heavily used form of educational travel as it seeks to further isolate the economy is government. the treasury department says is cracking down on cuba for what it calls playing a destabilizing role in the western hemisphere, providing the commonest foothold in the region and propping of u.s. adversaries in places like venezuela and nicaragua. paul manafort is expected to be moved to rikers island, the jail complex in new york city. president trump's former campaign chairman will most likely be held in solitary confinement while facing state fraud charges. manafort was convicted last

sign up for the balance of power newsletter at bloomberg.com.atest on global politics every day in your inbox. the head of latin american economics for goldman sachs will be here next on bloomberg television. ♪ hey! i'm bill slowsky jr., i live on my own now! i've got xfinity, because i like to live life in the fast lane. unlike my parents. you rambling about xfinity again? you're so cute when you get excited... anyways... i've got their app right here, i can troubleshoot. i can schedule a time for them to call me back, it's great! you have our number programmed in? ya i don't even know your phone anymore... excuse me?! what? i don't know your phone number. aw well. he doesn't know our phone number! you have our fax number, obviously... today's xfinity service. simple. easy. awesome. i'll pass. mark: by mark crumpton with bloomberg first word news. house judiciary committee chairman jerry nadler says the justice department will turn over information the panel had subpoenaed related to the mueller investigation. william barr has sought to limit c