kendall square in cambridge is the heart of boston's tech community. software giants have taken note, establishing a presence here. >> facebook is always looking for an opportunity to hire the best talent. we came here because boston is a combination of talented senior engineers and great universities. caroline: ryan mac helped open the office nine years after facebook was formed. the office has grown, employing about 100 engineers, tackling their toughest challenges. >> most of what we are working on in boston is infrastructure. two thirds are working on the technology that is the underpinning for the products that people see on a regular basis. caroline: he breaks it down into four pillars. compilers, storage, security, networking. these are the systems needed to develop the applications to reach facebook's 1.8 billion users. to cambridge team also support some of the social networks most visible projects, like the live interactive comment stream. >> when you post a comment on a video on facebook, anyone else looking at the video will see the comment

tech and biotech sectors? >> it is so important, boston has always done well in that space. le think about our city is a great medical city. they think about it as a tech city. there was a time in the 80's where boston, massachusetts, was the tech capital of the world, then we lost that to silicon valley and san francisco. what you see happening now is almost a rejuvenation of that and people coming back to our city. we are excited about what is happening. general elected adds a whole new level of curiosity about boston. we have about 150,000 students a year that go to school in our city. many of them will stay for the summer. we have 25 college universities within the boston area. 75 and the greater boston neighborhood. there is a lot of innovation here with the right colleges. ge can help us with that. caroline: it is interesting when a comes to academia and working with the private sector. you say you lost it to silicon valley. can you win it back? >> i think we will win it back. there was a lot of high taxes and political decisions that set us back. i think what is happen

on this week, bloomberg tv and radio are on the ground in boston showcasing tech giants and startups,lus breakthrough technologies in biotech's and robotics. we are speaking with innovators, venture capitalists, and government officials across the city. caroline joins us from outside the museum of science in boston overlooking the charles river. caroline, i see spring has not quite sprung in boston. you are all bundled up. caroline: you are right. it's a touch chilly, but beautiful nonetheless. indeed, the sun breaks out for us, a special edition of bloomberg technology for you. welcome from the ever popular museum of science, welcoming more than 1.5 million visitors a year. i had way too much fun playing on the musical steps. but i digress. today we will take a look at the massachusetts biotech sector. meantime, while the trump administration has proposed cuts that could hamper future growth, and many local companies are opposing the president other initiatives, such as the affordable health care act and the tightening of h-1b visa restrictions. for a look at how local companies are

bloomberg television and radio have been on the ground in boston showcasing diversity and power of the regional techconomy. we're joined now by caroline hyde at mass robotics live from boston. take it away. caroline: great to see you, as ever. to wrap up our coverage in boston, we are focusing on the emerging robotics industry in the area. massachusetts is home to more than 120 robotics companies in the area. the industry is growing, and so are its resources. .e are here at mass robotics the nonprofit is dedicated to fostering young boston-based robotics startups and keeping the talent in town. >> is autonomous drone belongs to a american robotics. one full of it -- one of a handful of startups based here in mass robotics. has a main -- the name double meeting. mass because it is started in massachusetts, but also because of massive robotics. -- caroline: the nonprofit opened in 2015 and opened a laugh to help robotics startups get off the ground. or as the cofounder explained, a start up escalator. >> a start up escalator is a new concept. incubators and escalators have been around for some time. t

we sat down with t bton mayor to discuss boston's role as a tech innovation hub. ks up to silicon valley. >> the day we officially announce ge's move to boston, they gave us a check for 50 -- for $50 million, $21 million for education and drug training and health care stuff. so we do seeheenefits of having ge here already. the thing that people are critical of was the muddy with tax incentives, that is to get the building going. and in the next 30 years, we will get over 67 million dollars in real estate taxes fm at deal. >> which is that mean in terms of continuing the growth of the tech and biotech sectors? >> it is so important. boston has always done well in that space. when you think about our city, people think about o cy as a great medical city, a great tech city. there was a time in the 1980's when boston was the tech capital of the world and we lost that to silicon valley and san francisco. and what a seven now is almost a rejuvenation of that. people coming back to our city. we are excited about what is happening. and general electric at their whole new l

tech and biotech sectors? >> it is so important. boston has always done well in that space. ink about our people think about our city as a great medical city, a great tech city. there was a time in the 1980's when boston was the tech capital of the world and we lost that to silicon valley and san francisco. and what a seven now is almost a rejuvenation of at people coming back to our city. we are excited about what is happening. theirneral electric at whole new level of curiosity about boston. we have one or 250,000 students a year that go to school in our city and many of them will stay here for the summers and when they graduate. we grow every year. we have college and universities within the boston area. there is a want of information -- a lot of innovation. and ge can help us with that. you say you have lost this to silicon valley. can you win this back? it back and we are doing that now. massachusetts went through a because ofime political decisions that set us back a bit. and i think what is happening now is that you have a climate where everyone is looking to move our

coming up, we continue our special coverage of boston's tech scene and speak with tripadvisor's ceo -special -- this is bloomberg. ♪ caroline: welcome back to this special edition of "bloomberg technology," live from mass robotics headquarters here in boston's seaport district. not far from us is the base of another tech company, trip vir. they are the world's largest travel site for 300 million monthly visitors. times are changing for the platform. the company announced it will be revamping its website and changing strategics. triptried to push into landing and hotel search. joining us is the ceo and founder stephen kaufer. let's focus on massachusetts, the talent pool. how much do you find ecosystem helps build your business and bring in the right sort of people? >> i think it is great being in a massachusetts-based company, especially in the greater boston area because we are able to pull from an astounding set of universities. we have the pull of a major metropolitan city to pull in folks from a or the country -- frankly, all over the world -- and living in bostoisust a great plac

boston. tell us what you have coming up. amazing, more than 800 companies have been incubated. i want to know the success story. we want to talk about the vertical and the area of tech that they are focusing on and also a man i cannot wait to speak to, someone who has helped fund the life wrapped -- liferaft. the co-owner of the boston celtics. into: i want to dive snapchat's report. trading in after-hours down as much as tway 5%. what have -- has wall street investors concerned? revenue is missing estimates by nearly $10 million. snap reported 156 million daily active users also trailing expectations. are the copycat moves by the likes of instrument facebook taking a toll? aining us now from new york, lot to digest here. international growth flat across three quarters in a row. in stock-based compensation. you have been positive on snap, what went wrong here? we have been giving them the benefit of the doubt. the user number was ok. the issue there is not so much. the bigger concern is on the monetization side. it fell to $.90, that is where the street was but you didn't want to see outperformance as far as that measure is concerned. you put that together my you ge

i spoke with boston mayor marty walsh about the ge deal and boston's role as a tech innovation hub and it stacks up to silicon valley. >> the day week officially announced ge's move to boston, they gave us a check for $50 million, $25 million for education and $25 million for job training and also some health care stuff. we are seeing those job benefits here at ge already. have beenhat people critical of, the $25 million in terms of tax incentives, that is to get the construction of the building going, and during the course of the next 30 years, we will get in real estate taxes $67 million from that deal. what does it mean, in terms of continuing the growth and the biotech sector here in boston? >> it is important and boston has always done well in that space. you can think about the city as a great medical city tech city. , athere was a time in the 1980's where boston a massachusetts were the tech capital of the world and we lost that to silicon valley in san francisco, and what you are seeing now is a rejuvenation, with people coming back to the city. we are seeing that and there is

tech. he is also the co-owner of the boston celtics. emily: stay with me. i want to dive into snap's first quarterly earnings report as a public we traded company. as as of snapchat's -- publicly traded company. shares of snapchat's parent company. nearly $10imates by million. snap reporting 166 million daily active users. also trailing wall street expectations. are the copycat moves taking a toll? joining us from new york, james cakmak. a lot to digest here. international growth flat across three quarters in a row now. $2 billion in stock-based compensation. you have been very positive on snap. one -- what went wrong here? james: we have been giving them the benefit of the doubt. the user number was ok. the issue is not so much their. the biggest concern is on the monetization side. it followed -- fell significantly. you wanted to see outperformance as far as that metric is concerned. put that together, you get to a revenue number of $150 million, $7 million below consensus. the issue coming into this quarter was the fact that you had a very difficult setu

all this week, bloomberg television and radio are on the ground in boston showcasing tech giants and artups and breakthrough technologies in robotics. we are speaking with innovators, venture capitalists, educators across the city. caroline hyde joins us from the ge interim headquarters in boston. what have you got on top today? caroline: so much, emily. weeke had such an awesome so far, spending time at your old font, harvard university, yesterday, and the museum of science. today, ge kind enough to post us in their interim headquarters. they relocated from connecticut to boston last year, bringing hundreds of jobs to the local area and receiving $145 million worth of incentives and tax breaks from massachusetts and the city of boston. broke groundy, ge on their new headquarters less than half a mile away from where we are right now. here is ceo jeff immelt at the event. boston should look to the future with great promise and optimism. i really believe that this town is going to be one of the most important cities in the world, and that ge can be part of that renaissance, whether it

we are live from boston, showcasing the innovation and diversity of the tech economy. ened its 100 17th season this weekend at boston symphony hall, and the theme, it's the music of former conductor and maestro john williams. recently recorded and help him of his music in a high tech, state-of-the-art studio many concertgoers don't even know exists. this,rt with a little of after twof this,, and hours leading the boston pops, you will have a recording of the selected works of maestro john williams. for managing directorhours lead- >> it's the soundtrack of our time. >>john can write a melody better than anybody else. you say star wars. it comes into your head. ♪ "et," and you hear it in your head. ♪ the recording is overseen and supervised by nick squire, one of the few full-time sound engineers employed by any u.s. orchestra. >> it is visually appealing. it sounds great, and it really allows us to record and listen to the orchestra and make sure we are making the right decisions when we move mics or mixing. >> the recording studio recently underwent a quarter million d

caroline: it is the heart of boston's tech community, and west coast software giants have taken note,a presence here. >> bay -- facebook is always looking for an opportunity to hire the best talent. the lead ryan mac helped facebook open the office nine years after mark zuckerberg develop the social network at nearby harvard. the office has grown and employs about 100 engineers that tackle some of the companies toughest challenges. ryan: most of what we are working on is infrastructure. two thirds of the office is working on the technology that is the underpinning that people see on a regular basis. caroline: the race it four pillars -- these are the systems theed to develop applications that reach facebook's 1.8 billion users. the cambridge team also supports some of the social networks more visual prospects -- projects like the facebook live, extreme. when you post a video live on facebook, anyone else looking at the video will see the common in real time. caroline: and the slide up that helps users buy and sell things locally. the global company with a market cap of $425 billion --

the boston tech >> i am alisa parenti from washington, you are watching "bloomberg technology." avoided a with a $1 shutdown, trillion spending bill to fund the government through september. the legislation was signed behind closed doors at his new jersey golf club. health care reform moves to the senate after passing in the house. a vote in the upper chamber is not expected anytime soon. senate republicans say they will write their own measure with vice president pence saying he hopes for final bill by the end of the year. mark green has pulled out his nomination for secretary of the army. he was president trump's second pick for the decision. he said false and misleading attacks against him were a distraction. several state legislatures planning environmental rollbacks, after solar incentives and anti-pipeline protesters. the epa argues it can curtail regulations, leaving up to the states to decide how to protect against pollution. in an effort to save millions of dollars, puerto rico will close 184

scarlet: all this week, bloomberg technology is in boston speaking to fortune 500 companies and uncovering its burgeoning techne and that includes a closer look at the boston pops orchestra. the orchestra is paying tribute this year to the music of former conductor and hollywood superstar john williams, who was known for his work on "star wars," "raiders of the lost ark ," and other big on-screen hits. here is a look at the recording of his work in a high-tech studio. ♪ >> start with a little of this. ♪ >> at some of this. ♪ hours of keitho lockhart leading the boston pops , you will have a recording of the selected works of maestro john williams. the manned the managing director says -- >> the soundtrack of our time. john can write a melody better than anybody else. "star wars" comes right into your head. >> ♪ >> you say "et" you hear it in your head. ♪ the recording is overseen and , onevised by nick squier of the few full-time sound engineers employed by any u.s. orchestra. >> it is visually appealing, it sounds great, it really allows us to record and listen to the orchestra and make sure that we are maki

tech and biotech. almost half of the payroll of boston comes, and from massachusetts as a state, comes from biotech ando wonder when you've got 20-plus universities and academic institutions just in the state of massachusetts alone. 12% growth in technology in terms of 2010 to 2015, according to p.w.c. and more than 900 technology investments in the window of four years. we have some phenomenal guests coming for you over the next course of this week. i want to see you stay tuned. monday we'll be bringing you throughout the book more sound from president faust, of course, from harvard but we've also got the governor of boston, charlie baker. we've got the mayor of boston, walsh and none other than g.e.'s c.f.o. geoff bornstein, why? because they're breaking ground on monday to make boston their headquarters. julia: thank you for joining us. catch bloomberg's technology special coverage all next week starting at 5:00 p.m. eastern. from new york, this is bloomberg. ♪ julia: amazon isn't just business it's personal for jet.com founder mike law. he's been visiting wal-mart regularly since the retailing gian

universities and schools based in boston and in massachusetts in general, helping to build a thriving techrberg will come back to speak at harvard may 23. emily: caroline, you are so kind to say my name in the same sentence as mark zuckerberg and bill gates. the city has been focused on building innovative hubs. what have you seen? caroline: it blows my mind. it is the lifeblood of boston, too. growthrd of all of the state product, all the money that massachusetts makes comes from tech, notably, about half of the payrolls across massachusetts are in tech and biotech. amazing statistics. emily: caroline hyde in boston with a big week a special coverage next week. think so much, caroline. we will be seeing you all week long. have a great weekend. do not forget to catch special coverage of boston 5:00 p.m. eastern. of course, we are live streaming on twitter. have a wonderful, weekend. ♪ >> from our studios in new york city, this is "charlie rose." charlie: the house of representatives approved the american health care act this afternoon. republican legislature plantar appeal and replace key

tech and biotech. clearly, amazing statistics. emily: caroline hyde in bostonek a special coverage next week. think so much, caroline. we will be seeing you all week long. have a great weekend. do not forget to catch special coverage of boston 5:00 p.m. eastern. of course, we are live streaming on twitter. have a wonderful weekend, everyone. see you next week. ♪ announcer: the following is a paid program. the opinions expressed do not best theloomberg opinions and views expressed do not reflect those of bloomberg lp, its affiliates, or its employees. >> take a look at this blemish. now you see it, now you don't. >> it is amazing. --see these eight spots? this age spot? don't blink. it is gone like magic. watch this redness disappear at the touch of a button. >> people have said to me, you look amazing. what have you done? people ask me if i've had a facelift.

boston. >>> a chinese tech company that expanded into silicon valley could lay off hundreds of people at itsoffices today. according to reuters and other sources, only about 60 of le eco's 500 employees will remain. they sell everything from electric cars to smartphones and tv sets. the company bought a 49 acre property in santa clara from yahoo with plans to build a global headquarters for 12,000 workers. the company scrapped those plans after it was caught in a severe cash crunch. >>> a little cooler today but here's another difference compared to yesterday. small craft is advisory. winds are 38 miles per hour starting early today. 9:00 this morning until 9:00 this evening. in the south bay, look at that sunshine. very dry, strong sunshine if you're exerciing today. if you're on the "baywatch" out for the breezes otherwise pretty good. we'll start on the peninsula for temperatures, 50 to 55 is our spread there. 57 in palo alto to 59 in san jose. we have 56 in oakland, concord and hayward. our first graduation of the season, 85 santa teresa high school, the saints. graduating at 4:00. 85 at

we took a deep dive into the tech scene in boston, massachusetts, and now we are focusing on chicago.th a founder and managing runner of modern ventures, which is based in the city and recently closed on a $33 million early-stage venture fund. companies inn tech sectors like real estate, home service markets. we discussed how the tech landscape looks in chicago and how it is different from silicon valley. >> the tech scene has picked up in a lot of ways over a number of years. community here, a lot of great tech startups around here. as an investor, if you are willing to go outside of silicon valley and willing to go outside of the coast, you can find some really good deals. it is a great place to start a business, because it is about one-third of the cost of living in chicago than some of the other cities, new york and san francisco. meanwhile, great talent and a good vc community. for moderne, we love investing in chicago companies, but we have investments across the country. what we are really unique on is some of the sector focus that we have. companiesn technology that are at the

boston. we're taking a look at the tech scene.e the tech giants and startups based in massachusetts. we have spoken to the investors, innovators, government officials that have laid roots and expanding the expectations of all things tech. not to mention the stooges lending institution like harvhe

boston this week. we will check out a nonprofit information hub for robotics. this is bloomberg. ♪ joe: bloomberg techall week. it's home to more than 20 robotics companies that employ nearly 5000 people and generate one point $6 billion in revenue. here is a closer look at mass robotics, a nonprofit dedicated to fostering young, boston-base robotic startups and keeping that talent in town. this autonomous drawing belongs to american robotics, one of the handful of startups based here. massachusetts.n >> the nonprofit started in 2014 and opened his .5,000-square-foot facility >> a start up escalator is a new concept. this model has been very but when it comes to hardware, there is no organization there to help take a validated prototype into a finished product. >> products in the works include gear components and 3-d printers. according to the director, that number will grow. >> right now, we have six companies and two more companies moving in, and we can grow to about 30 companies in this space, and, hopefully, as we grow within the building, we will be able to house more than 100 companies. >> found

this is the best of bloomberg technology coming from you -- coming to you from boston where we are taking a look at the techown the have startups based in massachusetts and we spoke to the investors , who have laid ros ross the region. they are expanding the reputation of all things tech, not to mention the prestigious learning institute that are harnessing this.

julia: all of this is live from the tech hub of boston.e hyde is taking an roboticslook at startups with two venture capitalists. do not miss that at 5:00 p. eastern. this is bloomberg. ♪ julia: this is bloomberg markets, i'm julia chatterley. scarlet: and i'm scarlet fu. let's look at some of the world's most talked about stories from the city to wall read -- wall street. jason, let's start with berkeley berkeley's ceo. >> that's right. staley has not been having the smooth road in his job at berkeley. and now coming out that he was recently of victim of a hoax. thought wasail he his boss and wrote back a it was notil, and from his boss but a gmail account. he mixed humor with grit. he mixed humor with grit. how unfortunate. jason: and everybody reads this and especially on wall street, d thinks ooh. scarlet: cringes. julia: and with a grunt told customer as -- and dealing with a disgruntled customer as well. is this a step too far? i'm the last person to laugh, i feel kind of like a killjoy on this one. i'm actually starting to feel symp

i will be headed back to london to present on tech after a brief stop in boston.your host for the last five months. this is bloomberg. ♪ ♪ rombauer studios in new york city, this is "charlie rose." trump markssident his 100th day in office on saturday despite an ambitious agenda, he will not be celebrating legislative victories. he does have a confirmation for supreme court justice. the next vote on his health care plan has been pushed off the scramble to avoid another government shutdown. ofning me is maggie haberman the "new york times" and cnn. i want to start with you. this is what dylan byers wrote in a profile of you. there may be no reporter

. ♪ caroline: this is the best of bloomberg technology, coming from boston where we've taken a look at the techmassachusetts and we spoke to who of blade roots across the region. they are expanding the reputation of all things tech. not to mention the prestigious learning institute that are

i will be headed back to london to present on tech after a brief stop in boston.ter being your host for the last five months. i will see you eastside. this is bloomberg. ♪ ♪ anchor: the opec meeting approaches. analysts say the curves may need to have to wait until the end of next year. incomet-quarter net nearly doubles to $1.4 billion sales. also beating estimates. >> the family set to have higher capital for a planned ipo.

target of president trump.david gura caught up with mark thompson of the jpmorgan tech, media, and telecom conference in bostonalked about the partnership with social media platforms and the changing landscape of the news. the polish of a multifaceted platform with google and snapchat and so one. we are all experimenting with them. what is the best way of giving journalism to people? i think the major platforms are asking them knows searching questions and truth and falsehood and about their responsibility when it comes to journalism, and we are very happy to work with them. at the same time, because we want a deep relationship with our readers, the best place for enjoying "the new york times" is our own digital destinations, as it always has been. david: let me ask you about the rivalry between you and "the washington post." you guys are having fun with each other, breaking things back and forth. is what you are doing replicated will and other newspapers? what you think about "the washington post?" >> i think "the washington post" -- that story is the story they have to get right, national coverage, great cov

boston. we have been taking a look at the tech scene. and startups based in massachusetts. we have spoken to the investors, venture capitals, innovators, government officials that have laid roots and expanding the reputation of all things tech. not to mention the prestigious

all week, bloomberg technology is live from the tech hub of boston.daily every day from 5:00 to 6:00 p.m. eastern time. live from new york, this is bloomberg. ♪ jonathan: the u.s. markets could be found in the u.k. as well. the 10 year yield has been dropped to prebrexit load. >> i think there will be a pretty hard exit at the end and that's with a very negative repercussions on europe, on both the continent and on the u.k. and it would spill over into market volatility. jonathan: and he's not the only one with a bearish view. the c.e.o. said investors should short u.k. rates ahead of brexit. yields are falling today pushing them higher by four basis points on a u.k. 10 year. still with us is sean darby and alan ruskin. the brexit situation, the politics getting a little more volatile. will the market follow to some extent? alan: it is getting a little clearer. wins . is pretty much with a solid majority. and then she has the freedom to negotiate in a way which one would presume would steer on the side of soft friday and the issue is on the other side

that's exactly what i heard last month when i hosted a roundtable in boston with a number of our tech firms, carbonate, trip advisor, i-robot and others. their message was clear. net neutrality impacts businesses across the entire internet ecosystem and that the ever changing priermt of entrepreneur -- environment of entrepreneurship can be easily disrupted without this ingredient, net neutrality. today essentially every company is an internet company. consider these statistics. in 2016 almost one half of the venture capital funds invested in this country went towards internet specific and software companies. that's $25 billion worth of investment. at the same time to meet america's insatiable demand for broadband internet, u.s. broadband and telecommunications industry giants invested more than $87 billion in capital expenditures in 2015. that's the highest rate of annual investment in the last ten years. so we've hit a sweet spot. investment in broadband and wireless technologies is high. job creation is high. venture capital investment in online start-ups is high. disrupting that f

this fire last month near boston is one of the latest cases showing how hi-tech homes could be at higherrisk in an emergency. >> that's right. firefighters across the d.c. region tell us they're facing increased danger as more and more homes install sole are panels. >> jody fleischer is here with the risks and a never before seen tool that will combat them. jody? >> we found have a standard operating procedure for houses with solar panels. or even regular training protocols. the firefighters make decisions on a house by house basis. if your solar panels are energized, the decision could be to let it burn. >> from a warehouse in new jersey -- >> we can't get on it, because they're energized. r r to a home in san francisco. >> a firefighter is recovering after getting shocked by solar panels. >> reporter: it's a hazard firefighters are seeing more and more. >> it changes everything about our strategies and tactics. >> reporter: electricity coursing through the veins of a home. unforgiving when hit with water or other firefighting tools. donnie fletcher said it's a constant risk. >> the pow

tech allergy. alas that eliminates the tremors of parkinson's disease. boston take control of the washington wizards and in hockey that pittsburgh penguins plinking the washington capitals, and in a season. we'll have all of the highlights. you are watching "fbn:am," your first look at morning markets and breaking news. the ♪ ♪ here comes the fun with sea-doo. ♪ ♪ sea-doo has the most affordable watercraft on the market. starting at just $5,299 and get 0 percent financing. visit sea-doo.com today. so new touch screens... and biometrics. in 574 branches. all done by... yesterday. ♪ ♪ banks aren't just undergoing a face lift. they're undergoing a transformation. a data fueled, security driven shift in applications and customer experience. which is why comcast business delivers consistent network performance and speed across all your locations. hello, mr. deets. every branch running like headquarters. that's how you outmaneuver. nicole: at its developer conference yesterday, microsoft unveiled a new watch, using vibration to calm the tremors of parkinson's disease

lot, let's go a to boston for the annual technology media and telecom conference. this comes as tech shares continue to rally. david gura is there now. david: i am here with the head of technology investment at jpmorgan. let me start with the news of the day. ford is announcing its removing its ceo. to youes that say broadly about the direction of this industry? traditional companies are getting into technology? like smart cars. morgan,half of j.p. thank you for coming to our conference. we have about 200 companies representing 1200 investors and about 2000 attendees. back to your question, i think it's a smart move. technologypening is is becoming pervasive across every industry. there is a massive disruption underway. every industry whether it's consumer, energy, utilities, health care, manufacturing, industrials, automobiles -- they are going through a massive dislocation and what we are finding is that companies are realizing just by having technology is not enough. going to become a significant competitive advantage. do you own them or buy them? we expect a significant amount of

that's cory johnson in boston all week for a special group of programs, bloomberg technology is live from that techll week. caroline hyde is taking a look at regional innovators from fortune 500 companies to robotics and biotech startups. it's live on bloomberg television 5:00 to 6:00 p.m. eastern. time now for our latest business flash, look at some of the biggest stories in the news right now. surrender executive duties, but remain on the board. this follows public protests over the decision to raise executive pay while cutting thousands of jobs. major investors such as canadian pension funds withheld support for beauon's re-election. he is a member of the founding family. in europe, uber has suffered a setback in its fight against regulators as a taxi service. an advisor has rejected the argument that uber is nothing more than an app. the opinion is nonbinding, but gives an indication that uber might not be able to shake off national restrictions. flex size offering online merchants something amazon doesn't. the seattle startup will offer overnight ground delivery almost anywhere in the country

boston in the finals. coming up in sports, we'll hear from golden state as they look forward to their third nba finals. and the nfl made techen your windshield needs to be fixed... trust safelite autoglass. for these parents, driving around was the only way to get their baby to sleep. so when their windshield got cracked... customer: we can't drive this car. tech: ...they wanted it fixed right. so they scheduled with safelite. our exclusive trueseal technology means a strong, reliable bond, every time. at safelite, we stand behind our work. bye, bye. because the ones you love, sit behind it. (parents whisper jingle) safelite repair, safelite replace. food. water. internet. we need it to live. but what we don't need are surprises, like extra monthly fees. i see you, fee, played by legendary actress anjelica huston. you got me, mark. we just want fast internet for one, simple rate. for all the streaming and the shopping and the newsing, but most of all... for the this. internet for one everyday simple price and no extra monthly fees. >>> the warriors will be trying to win their second nba title in three years when their seaso

boston. caroline hyde is taking an in-depth look at regional tech. look for that live 5:00 p.m.m. in london. fascinating series of conversations. this is bloomberg. ♪ tom: good morning, everyone. look for our conversation with sir howard they visit jonathan fenby on france out on all of our digital platforms including itunes podcast. we will do that in the coming hours out of new york. john fenby with us. talking about president trump and his certitude, that he can speak to the leader of north korea. as guy johnson mentioned, we cannot talk about south korea because of the election. the president of the united states is going to have a dialogue with this guy? >> i was hearing from well-placed sources last week in the u.s. that he does think he can cut a deal with north korea. that partly explains why he has been talking about he would be honored to meet kim, this savvy young man, and so on. we will see. guy: how does that compare? to you're dealing with a lot of different moving parts. is a multinational situation. he feels he can do a bilateral -- that is what i was hearing. it

boston. >> we are beginning a wide screen of the john f. kennedy profile in courage award ceremony. one of the most important ideas came from the person that gives us great ideas on how to usese tech glitch technology and othet the library. we have so much to celebrate tonight for the deep appreciation of the arts. our next guest is the multiple grammy award winner whose song are among the great pillars of american music. his music spans generations and the songs provided the provi soundtrack against decades of ds our lives providing a source ofw warmth and wisdom and beauty in the changing world.in a car in the career that expands half a century and received countless honors including the national medal of the arts and through it all -- [applause]concer from the victims in newtown connecticut a memorial service and an appearance at a benefit concert in boston. james taylor exemplifies not only of the admiration for the arts but also the belief in service and in our common humanity. please join me in welcoming james taylor, tim taylor and oh in young. [applause] [inaudible] [laughter] how great it is to be here tonight. mr. fienberg introduced -- lets me take off my hat. she will