check us out at @bloombergtechtv in york in san francisco.rg. ♪ caroline: a revolving door in zenefits.w ceo at david sacks and announced he would be stepping down as chief executive. less than theted year after taking over from parker conrad. 45% of theng workforce, the new ceo announced a job cuts. fromweek, we were live palos verdes, california, where makers kicked off its women's conference. aol ceo tim armstrong announced a goal to have women represent 50% of the organizations leadership by 2020. he is also targeting equal pay in the same timeframe. aol joins a push to make top ranks of executive more accurately reflect the population. >> this journey started six when we cofounded makers as a brand. want to not just be an investor in the media side of makers and the 4500 stories, the largest catalog online. we also want to lead as a company in the space, and what is clear to us in meeting with our executives and up-and-coming women executives, and i asked if there was one thing that we could do at the company and send a message and would

check us out at @bloombergtechtv 5:00 p.m. in new york, 2:00 p.m. in san francisco. of bloomberg technologyth. ♪ caroline: welcome back to the "best of bloomberg technology". i am caroline hyde. silicon valley finds its voice as president trump's immigration ban fuels opposition. trump's next order on immigration may even be a greater blow, targeting work visas used to recruit talent overseas. monday, sean spicer address the reform effort. >> you have already seen a lot of action on immigration. overall need is an to look at all these programs, and you will see executive comprehensiveompliment measures to address the problem. h-1b order is a much bigger threat to silicon valley than the order that trump issued on friday, although i think this more popularuld be among average americans than the immigration order on friday. in congress, republicans and democrats, there has been concerned that tech companies have abuse the h-1b process to recruit overseas engineers at the expense of , and used it to suppress salaries for tech workers in the u.s.. caroline: we have just

in new york, 2:00 in san francisco, 6:00 a.m. in hong kong. do not miss our interview with tim armstrong on tuesday. remember, all episodes are live streaming on twitter at @bloombergtechtvhat is all for now. this is bloomberg. ♪ ♪ alix: coming up on "bloomberg best." the stories that shaped the week in business around the world. central banks keep policy in a holding pattern. no news is an indication of good news? >> the fed did not push back against the markets view regarding interest rates. >> how many ways can you say neutral without saying neutral? there are worries over immigration. business leaders react to orders from the white house. >> we are beginning to see cracks in this very brief embrace between big business and the trump administration. >> i don't know why anybody expects anything different. this man is doing exactly what he said. alix: ge's ceo illuminates the

in new york, 2:00 in san francisco, 6:00 a.m. in hong kong. do not miss our interview with tim armstrong on tuesday. remember, all episodes are live streaming on twitter at @bloombergtechtvll for now. this is bloomberg. ♪ ♪ carol: welcome to "bloomberg businessweek." i'm carol massar. oliver: and i'm oliver renick. carol: how one weekend came close to crumbling the foundation that let businesses thrive. >> and a secret alliance between two very old enemies in the middle east. carol: the irs wants a piece of michael jackson. oliver: all that ahead on "bloomberg businessweek." ♪ carol: we are here with editor-in-chief megan murphy. last week we talked about the business community and donald trump. in davos, you said you thought everyone w b

in new york, 2:00 in san francisco, 6:00 a.m. in hong kong. do not miss our interview with tim armstrong on tuesday. remember, all episodes are live streaming on twitter at @bloombergtechtvll for now. this is bloomberg. ♪ david: did you feel that there was a glass ceiling? kenneth: there were people that said to me, i do not think a black person could ever be ceo. on september 11, tragedy occurred not far from there. i talked to them about the fact that i cared a great deal about them and their families. david: somebody bought a $175 million work of art. was that to get points? do you ever leave home without your american express card? kenneth: i never leave home without it. when i am at home, it is always with me. >> would you fix your tie, please? >> people would not recognize me if my tie was not fixed. let's leave it this way. all right.

check us out at @bloombergtechtv weekdays at 5:00 p.m. in new york, 2:00 p.m. in san francisco.is bloomberg. ♪ ofoline: the head president trump's national economic council has taken aim at the dodd frank law, stopping banks for lending. cohn says the administration will attack all aspects of dodd frank as it looks to boost jobs growth. banks working get again, to be back in the lending business. dodd frank stopped banks from lending to small and medium-sized businesses, and to entrepreneurs. reporter: indonesia's economy grew at a slightly sewer pace than the economists estimated. gdp rose nin 4.94%. rates were cut six times last year, but growth is still undershooting the 7% target. now, a chinese dealmaker could be closer to purchasing the singaporean warehouse owner. sources say he has won the ceo.ng of golp's blackstone and an investor group are said to have made nonbinding bids. global news 24 hours a day, powered by 2600 journalists and analysts in more than 120 countries around the world. you are watching bloomberg. let's now check the markets trading in the asian-pacifi

in everyday at 5:00 p.m. new york, 2:00 p.m. san francisco, 6:00 a.m. in hong kong. and remember, all episodes are now live streaming on twitter. check us out at @bloombergtechtvow. this is bloomberg. ♪ carol: welcome to "bloomberg businessweek." i am carol massar. oliver: i am oliver renick. plus, the algorithm that could help police catch serial killers. carol: a lucrative second career for steve young. oliver: all the ahead on "bloomberg businessweek." ♪ carol: we are here with assistant managing editor jim ellis. you guys look at ivanka trump, who seems to be important when it comes to china policy. >> it ses

in everyday at 5:00 p.m. new york, 2:00 p.m. san francisco, 6:00 a.m. in hong kong. and remember, all episodes are now live streaming on twitter. check us out at @bloombergtechtv. this is bloomberg. ♪ ♪ rosalind: coming up on "bloomberg best," the stories that shaped the week in business around the world. the divide on immigration sharpens in the u.s. britain's lawmakers battle over brexit. and le pen pledges to take france out of the euro. >> there was a very harsh tone to it. there was almost a trumpian tone. >> it's very unusual to have the markets this focused on politics. rosalind: we look at the fine print in donald trump's corporate tax plan. >> the interest deductibility component is something that doesn't get enough air time. and it is very, very critical to understand. rosalind: leading lights of wall street explain where they see risk and which risks might be missed. >> it feels like to me we're moving from global agendas to domestic.

check us out at @bloombergtechtv, weekdays at 5:00 p.m. in new york, 2:00 p.m. in san francisco.omberg. ♪ caroline: back now to the goldman sachs technology and internet conference in san francisco. this week, paypal announced plans to acquire tio networks. tio a leading bill payment processor that processed $7 billion in 2016. we caught up with the paypal coo bill ready that helped turn venmo into a payment app. bill: tio is a bill pay provider for the underserved. from the beginning, it was a democratize or of money, paypal, and we think about how we democratize the management and move money around the world. the underserved is a big part of how we think about bringing folks into that democratization. and bringing venmo to the underserved, we think of bill pay as a critical service for those folks. it is also the underserved we think about as a population of more than a third of the u.s. population, 2 billion people plus around the world that are underserved by traditional financial products, so we think we can get it halfway, not only into financial inclusion, but into the fin