brad stone, andriana gid -- anr gidones. in a moment. . >>> uber and abnb has a combined value of $100 billon with a b, dollars. he writes about the upstarts, how uber, and the killer companies of the new silicone valleys are changing the world. >> great to have you. for the better or worse? >> there is plenty of criticism to lob at the companies, i don't think you can argue that the change has been anything but good for cities. i don't need rent-a-car anymore. not only for riders, people who want to drive for a living. the taxi market was, it is hard to get a medallion in new york or london. it has created a new line of work, for anybody who wants to work. lose their job, supplementing in college. maybe in-law apartment. a way to make money. there are excesses on both platforms, the companies cut corners, they were challenging regulatory regimes, the ceoos are aggressive, young tech folks, i believe it is for the better. >> both ceo's are aggressive, the uberguy, beyond aggressive. people hate this guy. this is me, saying t

brad stone, andriana

our bloomberg tech senior executive brad stone is here in the studio. at is the explanation why now? , brad: well, this is really about 14,000 files, files that were allegedly surreptitiously downloaded by anthony from waymo and the judge said levandowski had to turn over those files. or refusedto comply, -- or declined. perhaps because something about them was so it is incriminating. interesting. it turns what is really a two-party case into really a three-party case. we have waymo and uber. and anthony levandowski on his own. emily: how does this impact the case? does it hurt uber's case or waymo's case? >> it is hard to say. the judge could come out and say, ok cooper, you fired levandowski. they said previously waymo's case was strong, but there was no smoking gun. it seems like uber's lawyers know what they are doing. it might be a good outcome for them. chanceis there any levandowski could be personally prosecuted here? hase has a prior case waymo against him. he has hired his own a lawyer. it is a likelihood, as well. emily: now, he says he has be

emily: brad stone there. deep map is a new start up focused on 3-d maps.esigned to assist self-driving cards. alex webb reports. >> if you are trying to control a robot, which is what we are trying to do, the robot needs to know within centimeterers where it is with respect to its surroundings. >> a mile away from where google builds their maps, a 25-person start up is doing the same for robots. deep man is building maps allowing cars to steer threw complex city escapes. >> we collect all the data. usually we will collect it over several runs of the same location. we will bring it into the cloud. run a bunch of processing algorithms to create a single unified pick of all the centers of the data. high create a fairly resolution 3-d image of the area. from there we can create with accuracy all the gee metic features on the road. >> the team of former google and other engineers is racing to beat uber and others. the deep map system is aim the at helping robots navigate rather than humans. the 3-d maps complement the car's sensors by giving them a detailed awa

we talked to reporter and author brad stone. ad: e-commerce is a huge market, and it is still early. it's about 10% maybe, or early double digits of all of retail. you see big retailers flailing and mall operators all around the country. amazon is the leader, we all know mighty amazon, but the story is about walmart, the biggest retailer in the world with a lot of assets, all those physical stores and warehouses and distribution centers. over the years, it never really deployed them successfully to kind of make headway online. the story is really about the investment, the best that current walmart ceo has made on the internet. i think they can be a serious contender, and they are doing some interesting things, particularly in these new developing areas like groceries. carol: they picked up jet.com and they also got their chief executive. and now he's in charge with everything, were a lot of things that walmart in terms of e-commerce. brad: right, mark lori is ironically enough a former amazon executive. it's the kind of back stor

brad stone and mark. 29-year-olding a russian man facing charges of hacking american companies, including linked in and drop box, being extradited to either u.s. or russia. he was arrested in product in 2016 and has denied any wrongdoing. prague.s arrested in urged him torities falsely testified that he was part of the russian hack on the democratic national committee in exchange for money and a life in the united states. coming up, the race between amazon and our quÉbec, $1000 per share. we will take a look that. and check us out, 5:00 p.m. in , 2:00 p.m. in san francisco. this is "bloomberg technology." ♪ emily: out of europe, an investment firm bought a 5.6% ericsson, valued over $1 billion according to regulatory filings. the move will likely push the wireless network for to accelerate cost-cutting in its underperforming businesses. they have signal plans to appoint one of its managing partners to the board. meantime in the u.s., stocks returned from the holiday oneend, and the s&p 500 had breaking a seven-day street. abigail doolittle joins us now in york with more. , what stocks sto

we are joined by brad stone, an author of a book about the founding of uber and airbnb. his a turning point? brad: the lawsuit shows they are willing to leverage or exploit their intellectual property. google was first in the driverless car arena. thatgoogle's emergence, was the turning point for waymo. get moved waymo to an operational -- it moved waymo from academic to operational. they know they have to be not just for the data, but for their own engineers, who want to see cars on the road. they have to be out there. google spun off waymo as its own independent division and put the former ceo of hyundai in charge of it. the competitive pressure was the turning point. emily: if they somehow managed to cripple or stalled google -- uber's self -- driving efforts, is there a benefit to waymo? said mark andreessen almost comically that there were too many players out there. hurting uber a little bit hurts a primary rival, but it does not change the fundamental dynamics, which is that waymo has a head start. as his many years from happening. we will see how it plays out. --

emily: my colleague, brad stone, wrote a book comparing uber to airbnb.o you like this, uber or airbnb? >> if you had to pick a more natural monopoly with pricing power at scale, i think it is airbnb. the reality with uber is that it is a fundamental consumer surplus business where there is still risk that the entire business model is about cost of capital. in the world of autonomy, what you have is the ability for new entrants with huge balance sheets -- google, apple, facebook, companies you never would have imagined competing with you, could because it's a function of having enough money to buy another autonomous cars because you already have the customer reach. you can then model the demand well. in a market like that, there is potentially value erosion overtime, because you have more players, not less. in the case of airbnb, what they really have to navigate is cost-effective customer acquisition at scale. instead of having many problems and many potential competitors, airbnb has to solve internal capability issues. if they solve that, it is probably

julia: that was brad stone, you can learn more about the feud between amazon and wal-mart in the newbloomberg "business week" available now. scarlet: coming up, we speak with the man behind the taylor rules, economist john taylor, said to be on the short list to replace january -- janet yellen. this is bloomberg. ♪ . . julia: it's 2 p.m. in new york, 12:00 p.m. in san francisco. -- scarlet: welcome to bloomberg markets. ♪ we are live in bloomberg world headquarters in new york. over the next hour, stories out of washington, paris, and beijing. here are the top stories we are the top stories we're covering on the bloomberg and around the world. oil finally seeing relief after with solving the past five days. -- after with sawing -- whipsawing the last five days. in washington, a busy week for the administration, with health care passing the house. senators are pushing to write their own bill with no fixed timetable to act. and the man behind the taylor rule, stanford university professor and economist, john taylor. that conversation on the fed and the u.s. economy later in the hour. w

stone back in 2008 was the original swiftie squad member. emma just wrapped a movie with joe. >>> we reached out to reps for both taylor and joe but neither would comment. >>> you know, brad pittent into hiding when news of his divorce broke. but guess what, brad is back. he was the man in manhattan. late-any r night tv appearance to a special screening of his new netflix movie "war machine." >> brad held on to his popcorn after last night's screening, but it's pitt's look that has folks buzzing, specifically, those trousers. baggy and oversized, we wondered if he's ahead of a trend. he was out promoting war machine. he stopped by stephen kolber. >> do you think beauty is really only skin deep? >> i don't know. i have never taken my skin off. >> next stop, the screening where brad posed with co-stars. >> nothing about war's easy. >> pitt plays a four-star commander in afghanistan. in an interview he said he found one connection with his character, hubris. which is defind as excessive pride. you start believing your own stink. any time i've gotten in trouble because it's because of my own hubris. >>> news on another breakup. it's official. amy schumer and ben hanisch have split

brad pitt is the lead. the actor scoot mcnary plays michael hastings. in 2010, michael hastings published a article in rolling stonetanley mcchrystal, and his profile of general mcchrystal ended mcchrystal's military career that profile eventually became a book that book became this new movie, which launches on netflix on friday. and michael hastings did not live to site. he died in 2013. but michael was a friend of mine. he was a critic of the doctrine that kept the war going for so long. and now maybe his work and brad freaking pitt is the one thing that can get the country talking and fighting about the afghanistan war again as this truly unimaginable new commander in chief apparently is trying to start it back up again with gusto. joining us now is a woman who was married to the late michael hastings, my friend elise jordan. elise, it's great to see you. >> thanks for having me. >> i picked that clip because i found it riveting, but also i think one of the things that has been lost as people started to hear about the film is that it's very pro soldier. it's very pro people fighting this war, to the point where