caroline: i'm caroline hyde. this is "bloomberg technology.” we talk layoffs.alesforce and vimeo are the latest to announce cuts to curb spending. we break down the most vulnerable areas in tech this year. tesla rebounds after cathie wood buys the dip. we dig into the bull and the bear case for the ev maker. generated tech. the next big thing in silicon valley. we discuss the risks and rewards for ai based platforms. but first, let us check in on those markets because it was a topsy-turvy sort of day. we saw a breakdown in the selloff after two days, the s&p 500 up. similar moves, the nasdaq. so, big tech managing to push higher in the face of what was pretty hawkish minutes coming out of the federal reserve. they were published at 2:00 p.m. today. it really felt as though many were caught offguard a little bit about the determination of the federal reserve to crack down on inflation. that took the wind out of the sales of the market. we managed to get a pickup in trade in the very last hours. this really seems to be more focusing on the data we got. slider inf

caroline: i'm caroline hyde in bloomberg's san francisco studio. ed: welcome. together back in san francisco. this is "bloomberg technology." how nice it is to have you here. so many headlines to pass over. many in the market moving. one doesn't feel very good with layoffs despite everything going on. caroline: and all the earnings to come. first we talk about valuations here in silicon valley. microsoft's $10 billion bet is the star of the artificial intelligence revolution. the chief product officer is pitching it as "the defining technology of our time." ed: elliott's multibillion-dollar stake in salesforce comes as a wave of activist investors push companies to act more on behalf of shareholders. caroline: we now know what apple's mixed reality headset is capable of as the company explores a new approach to eye and hand tracking controls. first, let's get to the markets. the mood music turning once again into the green. the s&p 500 and nasdaq both up. big tech on deck. the earnings are to come. people are feeling good about it. we are seeing stocks related

caroline: i'm caroline hyde at bloomberg world headquarters in new york. ed: i am ed ludlow. this is "bloomberg technology." caroline: apple racing to ready in-house chips and it has big indication for its suppliers. we will discuss in a moment. ed: a big tech rally loses steam as fed officials signal interest rates going about 5%. earnings come into focus as well as cpi. semiconductors outperform. caroline: chinese stocks roar back after signs the government is winding down its tech crackdown on online gaming and investments in foreign entities. so much to get through. the market moves, we kick them off with a torrid day for volatility. that's probably likely for most of 2023. the s&p 500 falls on the day after having been up a percentage points. optimism of the economy in china recovering and the hope inflation might be fading. as you mentioned, all about the cpi on thursday. those two key fed officials we see the likelihood from bostick and mary daly saying do not count on us taking back the interest rate. the nasdaq manages to withstand that. tech companies on top. up .6%

caroline: the u.s.ent has seized or is in the process of seizing robinhood shares as part of the fraud case against sam bankman-fried. the shares have been claimed by various creditors who filed court cases to try to control them. this is all part of the government's fraud case against sam bateman freed and other officials. meanwhile maybe crypto was the hot thing in 2022, now the hot thing is ai. microsoft is reportedly upgrading its search engine with it. other tools have got us all pondering the implications the use cases as we create text, images, videos, software, code, music. my next guest is thinking on this more than most. he is here to explain the fact that back in october before we got engrossed in it, you said the biggest change to the internet is already upon us. you said it was ai and the applications. guest: thank you for having us on. we are one of the largest seed funds in the world and our job is to be on the front edge. we are early in this process. we are heavy into it because we thin

caroline: i am caroline hyde up bloomberg's world headquarters in new york. >> i am at ludlow in san francisco, this is "bloomberg technology," we have nervous is driven by geopolitics. caroline: the u.s. china tech tension intensifies, cutting off huawei from the u.s. suppliers. ed: baidu, the google of china implementing generative ai into its own search engine. caroline: a 45-year-old entrepreneur committing to reverse aging. let's check on the markets they are reversing on the day. and momentous week, the fed, jobs day, earnings, mastec up by 2%, were state -- nasdaq off by 2%, worst day since december. two year yield pushing up a little bit up some or basis point. -- 4 basis point. at little bit nervous where the federal reserve takes us. as risk assets fault, that correlation is back in crypto. we are under pressure on bitcoin for the last two days. we are back above the $20,000 levels. ed: straight into earnings, big week of semiconductors, we start with the second-biggest supplier to the automotive industry. and automotive they saw strength, the upper end of the range was bel

avalarahhh ahhh caroline: it's happening. new stock market in session and its artificial intelligence. investors trying to get in on the ai tech trend. do they do it for spite into a small happening like c3 ai that makes applications. a record month so far. it spikes 300% because it announced a deal with open ai to be using it within its content creation. also little-known ai voice makers like sound hound ai also on the upside. a chipmaker which has its chips used by ai services. this all feels pretty reminiscent of the past? quite recently 2021 everyone was trying to have an nft for their business. maybe back in 2017 long island iced tea rebranded its company name as long block tea and we quÉbec to the 1990's where a company had a strategy or change his name to dotcom. these fads do come and go as this one with staying power? do you think the or here to stay? ed: case-by-case basis what the ai does and the valuation. the buzzfeed story, i'm a journalist, you're a journalist. being replaced by ai but i get the business. you l

caroline: i am caroline hyde in new york. >> this is bloomberg technology. caroline: all in on ai, artificial intelligence as the next big investment in silicon valley. a $10 billion investment in one creator. >> crypto, coinbase announcing layoffs and winklevoss pushing for the ouster of another. caroline: a dent in england's first space launch. not to the moon, the world space, but not the moon for the markets either, but a late stage rally. the nasdaq. big tech doing well. we have been up three straight days. the focus on the chipmakers. up 1.3%. the u.s. outperforming the world. europe down. china ending its recent run-up in the stock market exuberance. the msci up only .2 7%. were trying to decide whether the federal reserve will be catering to taking dent inflation with the cpi print thursday and jp morgan traders looking up at cpi print coming in softer. the market like that and that's why we saw technical and g tech off. this is a macro picture. this of the crypto perspective. on the back about mood music in the u.s., we have seen a continued run-up

caroline: i'm caroline hyde. ed: i'm ed ludlow. this is "bloomberg technology." texas instruments, microsoft, the market treading water until those numbers hit. caroline: this is why we look at what is already some hope as the fuster's market ready signaling it. microsoft rising. cloud revenues beat estimates. ed: the justice department in eight states are suing to break up google's ad business. caroline: senators blast ticketmaster's ceo about soaring ticket prices and accustomed -- and a terrible customer experience. it was an awful experience for at least four stocks today. the s&p 500, what a tumult we had at the open. we had a technical glitch. we saw the s&p managed to trade flat after a tumultuous start. nasdaq under pressure, up 0.03%. already perhaps we see reason for that to flip. the futures market is higher. we saw bonds, yields are down. i want to look at what is happening in terms of where it has been on a power stretch, the ark etf. ready to have its best month we are likely to see in i think since 2020 when kathy ward -- when kathy would first roa

♪ caroline: i'm caroline hyde. ed: i'm ed ludlow. this is "bloomberg technology."aroline, tech earnings are here. texas instruments, microsoft, the market treading water until those numbers hit. caroline: this is why we look at what is already some hope as the futures market is already smelling it. let's talk about the headlines. microsoft rising after profit. cloud revenues eight estimates. ed: plus, the justice department and eight states are suing to break up google's ad business. caroline: senators blast ticketmaster's ceo about soaring ticket prices and a terrible customer experience. but first, let's check in on the customer experience for you and your markets today because it was an awful one for at least 4 stalks that overall did not get an opening action for the day. the s&p 500. what a tumult we had at the open. we had a technical glitch. we saw the s&p managed to trade flat after a tumultuous start. nasdaq under pressure, up 0.03%. we are worried about these earnings that are starting to trickle out. and already perhaps we see reason for that to flip. th

♪ caroline: i am caroline hyde. ed: this is bloomberg technology. tesla, ibm layoffs.d: microsoft not hold us down. annabelle: we have to get to some earnings. caroline: tesla accelerating cost-reduction as profit tops analyst estimates. ed: the senate takes up a bill two tiktok nationwide after dozens of universities take action to block the app. caroline: a space rocket lab launch was. we managed to close flat on the s&p 500. on track towards first january since 2019 area with question gains when we get to earnings across the board. nasdaq is off. we are on the slightly higher side, we are cautious. the bank of canada says it will end its rate hike like a. i'm looking at bitcoin. where back, the highest level since august 2022. ed: this is a global company with global vision. we bounced around the market was not sure what to make of it. $1.19 a share. click the above expectations. the big takeaway was tesla committing to an annual growth rate of 50% saying they will do around 8.1 million units in production. let's get to austin, texas. give us the main takeaways. >>

caroline: many see that is the realignment. let us talk about snap earnings because they were not good enough. it is the forward-looking guidance that sent this share lower in after hours. down 14%. we are used to this company being so volatile and it is often a bellwether for we take pinterest. we are worried about the advertising outlook and we are worried about a company that prefers time in its history -- before the first time in its history talking about a quarter late drop in revenue, guiding us to 10% lower for the next quarter. we want to get into the devil of the details, jasmine is with us for more on a snap's earnings. you lead coverage of influencer marketing and facebook and we can do on and you know where the numbers are. snapshot does well for the number of users it has, the control it has, the amount of impressions that they get, why can they not converted into money? >> the user growth is absolutely not his problem. -- not its problem. it is different from any other social platform, it is more focused on privat

caroline: i am caroline hyde at bloomberg headquarters in new york. ed: i'm ed ludlow in san francisco. this is bloomberg technology. caroline: tesla falling by the most since 2020 after deliveries they missed. sam bankman-fried pleads not guilty as the ftx founder faces trials in october the same day the top u.s. banking watchdogs send up a warning about crypto activity. caroline: a slow in ad spending will shake up silicon valley like google and meta as netflix and tiktok come into play. we will bring you expert analysis. first, on this first day of 2023 trading and it is good to be back with you and we check in on these markets. i'm afraid it was not all that good in technology. we see s&p up for tens of a percent off of the lows earlier in trading. nasdaq up three quarters of a percent. tech was hit the hardest. bonds caught a bid so we are still wearing about the federal reserve and the whole world wind of jobs data that we get but actually people decided we will be seeing a buy into bonds. the best art to the year for u.s. treasuries we have had

i'm caroline hyde. ed: technology earnings : our exclusive interview about how a nationwide tiktok brand would work. caroline: and we ask chat dpd to come up with the market beating etf. let's check the markets. there was a risk on attitude to trade across thursday. nasdaq up 1.8%, the highest since september 2020 through -- 2022. risk on attitude in europe and asia as well. the seven year yield is higher. equities get a bid. a bonds selloff. a successful auction, seven debt being sold on track for a good quarter in terms of overall sales for u.s. debt. yields up by six basis points. let's look at crypto. an interesting correlation. usually one risk assets push higher kryst -- crypto does as well. today on the actual day, thursday, we saw a bit of underperformance in bitcoin versus the u.s. dollar. that is an interesting change in tone. it is of about 40% since the end, like the end of last year. ed: risk on now. a lot of that is technology moving to the upside. tesla is the big name. the s&p 500, the n

♪ caroline: i'm caroline hyde. ed: i'm ed ludlow. three days until our reunion. >> we are grounded.he faa halting flights after a key pilot information system failed. what technology exactly failed us. ed: more apple supply changes. first chips, now screens. plans for a touchscreen macbook. mark gurman on all of those scoops. caroline: what are the best companies to work for other than with us right here? the glass door just came out with their annual list. some did not make the cut this time. let's check in on the markets. how well this silicon valley darlings are adding to the mood music. the nasdaq got 1.3%. this is once again the entire market bracing for the inflation meeting in the u.s. tomorrow, which will show inflation cooling most likely, but how much cooling? will we see what the market wants to see, softer print and inflation? galvanizing ourselves -- shining a light on where all of european, asian, and u.s. trading. u.s. trading dominates. we saw a rally. i'm just going to show a little bit of a mean frenzy. the mean etf, which does not include that particular name, is

♪ caroline: i am caroline hyde. ed: i am ed ludlow at the consumer electronics show in las vegas.his is a special edition of bloomberg technology. caroline: coming up, amazon, genesis, trading, the long list of tech but laying off staff. this is the macro picture adp projects is stronger than expected jobs report tomorrow. ed: the director of the cybersecurity and infrastructure security agency tells me that cyber safety is a public good that man's "radical transparency." we discussed with george kurtz. caroline: surrounded by electric and autonomous technology, we hear from mobilize ceo's ambition to drive self-driving tech to the streets. but first, let's check in on the reality of the markets and the reality that is good news and bad news. s&p 500 off 1.1%. nasdaq off by 1.5%. the macro picture once again looks resilient when you look at the jobs picture. adp number coming in stronger than expected. jobless claims showing resiliency, meaning the federal reserve has the bad with keep raising rates. many the market are anticipating the terminal rate is about 5% by mid-2023. we co

caroline: i'm caroline hyde. ed: i'm ed ludlow. this is number technology. caroline: goldman sachs once had a lofty goal of becoming the digital bank of the future, not all that is left is the one point to believe dollars in losses. most of it -- $1.2 billion in losses most of its length -- of it links to the apple card. ed: bitcoin, more the rally later this hour. caroline: tesla slashing car prices in the u.s. and some in europe. the ev makers trying to stoke demand, instead stokes investor concern. we discuss. first let's get to the markets. a chicken on the last trading day of the week -- a check in of the last trading day of the week. the s&p 500 almost cracking the 4000 level. 3999 we are above the 200 day moving average. the longest winning streak since november 21 for the nasdaq. the golden dragon china, unfolding and reopening story post-covid lockdowns we see 20% but the work -- 2.8% put to work and the stocks traded in the u.s. under gold dragon. this is a risk on move, bitcoin continues its elevation, we are cracking 19,000, close to that 20,000

caroline: in the background, geopolitics at play. one of the most read stories, our tech executive editor, breaking down china versus the u.s. talk to us about huawei. >> this is about isolating them. this is a company that for years the u.s. federal government has singled them out as a potential source of -- a threat to our national security. there are concerns about what happens with the i.t. we buy from huawei. there are concerns about us enabling huawei to become a bigger, more powerful company. this is another step by the biden administration to isolate them and cut them off from vital u.s. supplies. >> there is a hardening for the stance under biden. what u.s. companies are impacted by this? guest: a lot of the business that we do, the u.s. businesses do with them is already cut off. there are some exceptions. for instance, intel and qualcomm, two of the companies that would be affected by this move. those two companies still sell. intel sells chips for laptops made by them, and qualcomm sells chips used in some of the phones t

caroline: go global for us, if you can.hat's interesting is the outperformance of late, that the public markets in europe, vis-a-vis the u.s., that comes from a lower base whether europe and other areas, we've heard from textiles talking about exuberance and excitement going on, africa and middle east, from a see stage in the actual start of culture at the moment. are we likely to still see the money in silicon valley, new york, or will it spread out a little bit more? kyle: i think we see the spread out the last two years, but when you look at the data the way we track data and all the capital being located in the headquarters of the fund, he had 77 billion dollars raised in silicon valley this year. a lot of the huge mega funds that we see being raised are by firms headquartered in silicon valley. when you look at the data, it does look concentrated. but we do believe, especially from the change towards umaine and towards a more global eventual market. we will see the capital spread out. one interesting note of our report

caroline: let's dive into that. elon musk set to be star witness in a trail that started tuesday over his infamous tweets, four and a half years ago about a plan to take the easy maker private with "funding secured." peter joins us. who is likely to win here? we know elon musk likes a bit of a fight. >> this is unlikely for a security trial brought by private investors as a class action. it is unlikely to go to trial in the first place, usually they settle because there is money at stake. in this case, billions of dollars, but as you say musk it is always up for a fight. but he is not an unusual disadvantage because the judge ruled months ago that the tweets were false. and the judge is going to tell that to the jury at the get go. there is still other things the jury has to decide, and could still be resolved in musk's favor but it is a disadvantage going into this. ed: you've been my editor on more than one occasion covering these kind of blow-by-blow trials, but the jury is key, and sewer mechanics. we are going

caroline: it is interesting.such a positive person it sounds like and in many ways rightly so. i'm looking at your analyst recommendations. 36 say by your stock there is only one holdout and that is stephan at bnp paribas. what one thing would you say to him? what is one thing that does keep you up at night? >> i got to go speak with them. i think he has to have a meeting with me. he will come talk to our people. but i guess one out of 36 is not too bad. i would tell him if you look at where the new economy is going, this is a platform economy. in this economy have the hyper scale which are all very relevant outstanding companies and they are going to do very well. you have a couple essay asked companies -- sass companies and among those that matter we are one of them. what is unique about us is whether you are doing workloads in public cloud, a private cloud or in multi-cloud formation, service now serves as the control tower for end to end digital transformation. if anyone understands the implications of that a

caroline: can you? did you? know that you are a man who -- well, many have found love through certain dating applications. in hindsight would you spend $6000 a year? it is kind of an amazingly to be amplifying your margin. ed: these are two different products. you have hinge, $60 a month, palatable. you then have tinder thinking about $500 a month. we asked the audience what did they think. i think the results speak for themselves, caroline. caroline: we threw in, are you sitting on the fence, or do you think this is all ridiculous, and it seems it is all ridiculous. romance is dead, 61% said that. 7% said sign me up. i think this is trying to take on the elite-oriented dating apps, where you do pay an amount but you get perhaps specific targeted audiences, do you think? ed: full disclosure, i met my wife on hinge all those years ago. had i known then what i know now? i would cough up the cash. caroline: wednesday we are go to talk all things crypto and bitcoin's bullish run. ed: don't forget, there's so much to

caroline: interesting.vidence, we brought in a lot of beyond meat into our home, largely because we have an all pair whose vegetarian. but i didn't like the way male -- milk made him feel and wanted to cut down but they were not healthy enough. it didn't feel like lentils was a better option. are these companies trying to uproot themselves? are they trying to change and listen to feedback to innovate that or is it just going to go quiet? >> they do talk about more innovation, and they constantly release new versions. there's a new beyond burger almost every year that they say this one is going to be juicier, moist, more meat like, and impossible also does the same thing, they say, by doing this, some of the improvements would make it healthier. but i think for a lot of people, the idea of further processing is sort of antithetical to making it healthier. they might say lower the calories are lower the sodium, but that's an change whether or not it's an altar processed foods -- food. caroline: fascinating to

caroline: open back to bloomberg technology. i'm caroline hyde in new york.dlow is at ces in las vegas. 1000 or so people there but you must be bumping into a view executives? ed: we joked about how automotive technology dominates but you have samsung here with splashy displays. there's an emphasis on cybersecurity, which i thought was interesting. i caught up with the cyber security agency chief director jen easterly who is hitting on if you want to work on tech, you need to be focused on cybersecurity. guest: this is fundamentally about keeping them safe. we live in a world that is highly digitized. the infrastructure we depend upon, is underpinned by technology. so, it's a matter of actually doing right by your clients. i think boards and ceos and business leaders need to look at corporate cyber responsibility in the way they look at corporate social responsibility. cybersecurity and safety is a social good, it is about societal resilience. with every thing connected these days, you can't just worry about your own company. we have to stop putting self-pres

caroline: welcome back to bloomberg technology --"bloomberg technology," i'm caroline hyde to new yorked ludlow out in a very busy las vegas. >> you cannot ignore what is going on globally there are macroeconomic concerns, report says u.s. machinery 2023 performance may be more resilience than previously thought. we are joined by aco, barbara hunter -- a ceo, barbara hunter. let's start with farming. i did not expect you to talk about vertical farming. guest: who knew the agricultural sector is adopting digital in a big way. today semins and 80 acres announced a partnership. two entrepreneurs in the food industry decided there had to be a better way to get healthy food to people and illuminate long -- illuminate long supply chains. with vertical farming they can produce 300 times a produce from a single plot of land. they are using our technology to make that happen. ed: when they hear the name siemens, they think all types of things, industrial, health-care, which part of your business is making this happen? guest: all of the above we are engaged in somebody ways. financial services i

caroline: i am caroline hyde. ed: i am ed ludlow. caroline: coming up, tens of thousands tech employees are out of jobs. microsoft and amazon downsizing. as employees reduce headcount is worker empowerment over? ed: and universities in texas are taking action against tiktok with texas a&m and texas university reportedly blocking the app from wi-fi networks as part of the governor's orders. could this be the start of a greater trend? >> and you know the offices neon signs, whiteboard, or refrigerator? twitter has resorted to auctioning office items. first, what was up or grabs in the market. the market falling. nasdaq coming off by 1.25%. we are seeing the u.s. get a knock in terms of stock prices today. and it is largely because of retail sales declining from the month of december. producer prices falling at a marked note. this is a reduction in pressure, but what is this saying about the ultimate resilience of the u.s. economy right now? they are worried, therefore backtracking in enthusiasm around certain assets such as bitcoin. 14

caroline: i'm caroline hyde. ed: and i'm ed ludlow in san francisco. this is bloomberg technology: it was tough for tesla. the stock falling short after they miss. ed: sam bankman-fried please not guilty as he faces trial and not tober, the same day the banking watchdogs send a warning about crypto activity. ed -- caroline: netflix and tiktok come into play -- we bring you expert analysis. first, on this first day of 2023 trading, it's good to be back with you and we check in on these markets because it wasn't all that good if you are long on these markets, particulate technology. off the lows earlier in trading, the nasdaq off .7 5%. on that narrative, it was a day when bonds caught a bid, so we are still worrying about the federal reserve and the whirlwind of jobs data we get and what that signals, people decided we will be seeing a buy-in to bonds. the best start of the year for treasuries we've had in at least a decade has made me feel the past selloff is behind us. more of a dovish tone from the bond market but worries from the equity market. you

caroline, thank you. and seb ok. caroline, thank you. and seb thank you.t in sacking and charging the officers and disbanding the so—called scorpion special unit they belonged to has been praised. but lawmakers on capitol hill have been anything but swift. protesters and civil rights activists are calling on presidentjoe biden to use mr nichols's death to gain support for the george floyd justice in policing act which was introduced in 2021. an officer has been suspended over the death of tyre nichols in memphis — the sixth to face action the bill passed the democratic controlled house at the time — but failed to get enough support to pass through the senate. it would see a federal ban on the use of chokeholds by police and make it easier to bring charges against offending officers. robert klemko is a reporter for the washington post covering policing and criminal justice reform. robert, are you surprised what, now almost three years on from the death of george floyd and the wave of public anger about that that we saw, that in legal terms, fedly very littl

but few women could compare with caroline lockhart. she's an amazing, amazing, a former wyoming night chess a special place in my heart picture began her writing career as a girl star reporter for the boston post victims like nellie bly started this thing like send the report to do something crazy and caroline would dive dia wetsuit to the bottom of boston harbor and jump off a building into a net the firemen were holding. anyway, she went west on assignment and then fell in love with cody wyoming. she published the local newspaper. she cofounded the famous still ongoing cody stampede, and annual rodeo but she was most celebrated for her westerns, novels that challenged stereotypes of good guys and bad guys, race and gender. several of the westerns became major hollywood movies including the fighting shepherdess based on the life of lucy morrison more, the so-called sheep queen of wyoming. readers and moviegoers loved the mastery of western speech. since we are talking playing, i don't like you know how. i don't like the way you act. i

it has been, caroline, very frauaht in frankly.pped a law being changed in scotland like that.— stopped a law being changed in scotland like that. well, look, i checked a _ scotland like that. well, look, i checked a select _ scotland like that. well, look, i checked a select committee i scotland like that. well, look, i. checked a select committee which recommended a raft of proposals which _ recommended a raft of proposals which are — recommended a raft of proposals which are broadly in line with what the scottish government has done, so from nry— the scottish government has done, so from my perspective, i think it would — from my perspective, i think it would he — from my perspective, i think it would be grossly hypocritical to say. _ would be grossly hypocritical to say. yes, — would be grossly hypocritical to say, yes, the government should block— say, yes, the government should block it. — say, yes, the government should block it, but there are legal and constitutional implications of this. ithink— constitutional implications

caroline: i don't know if it is a mixed bag. clearly, the performance of the fashion and leather goods division was good in the fourth quarter, but perhaps not as good as previous quarters. plus 10% in organic sales the last three months of last year, plus 3% in the previous quarters. you had louis vuitton sales crossing 20 billion euros over the past year. so of course, still a good set of earnings from lvmh. if you look at other divisions, winds and -- wines and spirits is up 4%, but below estimates for dom perignon. if you look at jewelry, bulgari, it is also up 3% but also below estimates. mainly because of china, in the last quarter of 2022, you still had restrictions because of covid. they are confident for the year going forward because you have china's reopening. but he also said last night in the analyst call that chinese tourists are not expected to come back in large numbers to europe until 2024. still a very good year for lvmh, which also became europe's most valuable company last year, with a market cap of 400 billi

caroline _ for the biden administration. caroline mentions _ for the biden administration.s? possibly, this is a massive problem in brazil. this is a massive problem in brazil as well and the consequences are long term, because centrist politicians are less inclined to engage people who have centrist views, less engaged to share their opinions on social media orjoin politics because the radicals on both sides are just more successful and then attack centrist voices from both sides. then the emergence of elon musk has been celebrated by bolsonaro followers. this is an issue that needs to be looked into. brazil's cohen government, the electoraljustice brazil's cohen government, the electoral justice system brazil's cohen government, the electoraljustice system has been trying to establish partnerships with social media companies for the last four years because we had an election in 2018 that was quite dramatic when it came to the avalanche of fake news and, despite all the efforts, i think the country is still suffering mightily. in terms of number is, there probably hasn't b

us capital police sergeant caroline edwards.mer metropolitan police department officer michael fenotes. ruby friedman and andrea. us capital police sergeant ginelle. us capital police officer eugene goodman. metropolitan police department officer daniel hodges. doctor serena leaving good accepting on behalf of capital police officer howard cleiuwnegood. david and charles sicknick on behalf of brian sicknick. aaron smith on behalf of metropolitan police officer jeffrey smith. ♪♪ >> ladies and gentlemen, distinguished guests, the president of the united states. [hail to the chief] ♪♪ >> thank you all. [applause] ♪♪ >> president biden: thank you all very very much. two years ago, january 6th, our democracy was attacked, no other way of saying it. the us capital was breached, which had never happened before in the history of the united states of america even during the civil war. a violent mob of insurrectionist's assaulted law enforcement, vandalized sacred halls, hunted down elected officials, all for the purpose of an attempt to

caroline was friends with.was kind of afraid of. him >> did you hear stories about him later? >> yes i did. >> and the story going around about derek was more than a little scary. >> we had information concerning him, saying that he was also trying to get into a romantic relationship with miss locklear and she refused. as a result, he cut her neck and left her in the woods. >> detective, this is like a whole grade b horror movie. >> yeah. >> as horrible as the story was, -- >> it sounds like a good. lead >> it was a good. lead >> kids are telling it almost verbatim. >> they were, it was not coming from one kid, he was coming from two or three kids. so we needed to follow up on this for sure. >> police brought derek in for an interview. what did you hear him talking about? >> very relaxed, he did not seem concerned about being in trouble. >> he was cool about having a? smoke >> cool. >> detectives wanted to find out what he knew about danielle. suddenly though the like a sister story was out the window, he claim

dani: caroline, thank you. that is bloomberg's caroline connan in paris., we are going to talk about the big question for 2023. will there be a pause, a pivot? will they keep hiking and hold it there? move -- we will talk about central banks and their battle to tame inflation next. this is bloomberg. ♪ dani: if there is anything we learned over the past 24 hours, it is that central banks are not giving up their inflation fight yet. we heard from bostic and daly yesterday. the peak in interest rates a still to come for most economies. the question is when it will finally stop. running us now is bloomberg's western economy lead. if we look at the global picture and whether a bank might hold, cut, or pivot, is there a central bank that looks to be leading the end of this hiking cycle? zoe: if we look at the five big central banks, the bank of canada is one that is widely predicted to be cutting towards the end of the year. they are cutting first and then -- hiking first and then cutting. we are also expecting hikes throughout the first half of the year at the

caroline davis, bbc news.: in washington, the embattd republican congressman from new york george santos says he will not serve on congressional committees for now. he's admitted to fabricating part of his resume and facing multiple investigatis into his background and campaign nances. for the latest on this and other developments, we e joined by our north america correspondent, anthony zurcher. did george santos jump or was he pushedy the speaker? anthony: he had a meeting with speaker kevin mccarthy yesterday and this announcement came today. kevin mccarthy afterwards said he thought it was the right decision. i think this was reflective of the desire among republicans to try to calm this down and get him out of the spotlight however they can. he won't show up for these committee meetings. the circus will not follow him. i'm sure the republicans there did not want to deal with it. maybe this gives him more time to let this blow over because they still need his vote on the floor of the house. laura: isn't tha

in december, 1799, as i'm sure you are aware, better than i, caroline, caroline brenham, an enslaved maid who has been at mount vernon for -- since birth, i think. mary thompson, any of those who worked on that magnificent, extraordinary, creation, the mount vernon slavery database. which the paper draws on and builds on, they will tell me whether caroline is a dowess park custis slave. caroline is called early in the morning by martha. she comes in to make up the fire in the washington bedroom call washington's secretary and to call the doctor. washington had gone out, ridden around the estate, and inflamed throat -- there was nothing to be done. martha here in this miniature which she had done to show her every day face for her grandchildren so that it was the informal martha. she turns her face to the wall. so he wants no more to be in a world without washington. since her marriage to washington, although still young and pretty when she married him, from that moment on a one man woman. all of those who visit her -- thornton, the architect of the capitals wife. abigail adams, mrs.

caroline, this is a gift, isn't it? that biden has essentially handed to the republicans particularly former president donald trump. how could he let this happen particularly given he criticized trump for doing the very same thing. and why wasn't this made public before the election when these sensitive documents were initially found? >> that's right, rosemary. why didn't he come forward earlier inwhy are we just hearing about this? and it's important to note that they knew this -- these documents existed or some of them on november 2nd. the election would be held five days later. did that have an effect on the outcome of the election, the fact there wasn't a big red wave as anticipated? it could have had some effect. joe biden, i mean this is out-and-out hypocrisy. with that said there are obvious differences between trump and biden here, right? so biden is a case study in what to do when you find documents that you're not supposed to have, do you turn them over to the national archives. whereas trump was defying a sub

jill biden ambassador caroline kennedy, david rubinstein chairman of our board fred ryan and vice chair john rogers and al roker served as the master of ceremonies for the evening. we had performances from the gray coat fife and drug corps metropolitan opera. soprano brandy sutton and the nyu steinhardt school, which we have a new partnership with provided their chamber orchestra for music throughout the evening highlighting american songs and traditions. this special episode will provide an inside behind the scenes. look it's some of the moments from that very special evening. in this first clip, we'll hear a segment from my remarks that describes the white house connection to the temple of dendoor and why we decided to host the gala in that historic space. i wanted to take a moment and set the stage of where we are here in the temple of dandora in the cycler wing of the metropolitan museum of art. this historic structure in front of you is here because of a bit of presidential history. in fact, i would say that almost everything we do believe touch and it happens in our lives has some

doctor caroline johnson. thank you, | caroline johnson. thank you, secretary _ caroline johnson.e information to inform the health and inequalities paper and also to publish a tobacco control plan. that is a difficult message to balance, both to get people to stop and to vape, was preventing children from taking up either. what response have you got to that? when will your tobacco control plan be published? firstly, everyone recognises when you look— firstly, everyone recognises when you look at— firstly, everyone recognises when you look at prevention work in terms of smoking _ you look at prevention work in terms of smoking cessation that everyone recognises — of smoking cessation that everyone recognises in the context of lung cancer— recognises in the context of lung cancer the — recognises in the context of lung cancer the centrality of our approach in terms of smoking cessation. there are a number of areas _ cessation. there are a number of areas where _ cessation. there are a number of areas where we can be innovative as part of— areas where we can be innovative as part of

hopefully before. >> caroline, what's the solution here? >> well, i couldn't agree more that it has to get passed. when you think about why the debt ceiling, why this legislation was put in place 100 years ago there was an issue because the executive branch, the agencies in the executive branch were spending willy-nilly and congress didn't have the oversight it needed. this is simply a matter of congressional oversight over federal agency. now, that's not how it's being used today. it's raised pro forma about 100 times and now it's being weaponized and politicized by the parties. and let's be clear what this is. it's debt already accumulated. it was accumulated under trump's administration and obviously biden's and previous administration. do we need to have a conversation about spending whereby perhaps. but this is that the way to do it. it'll have to be raised. but the question is when will it be raised and how will it be raised? what sort of concessions will be made? as we saw with kevin mccarthy's speaker fight i think we're in for an u

hawley, reports. —— 0ur diplomatic correspondent caroline hawley reports.the uk. alireza akbari was once a deputy defence minister in iran but became a british citizen after investing here, and lived in this country for several years. his family say he was enticed back to tehran in 2019 by his former boss. the british government responded swiftly to his execution. the prime minister calling it a "callous act" by a "barbaric regime". we take this incredibly seriously and of course, we will make sure that we respond to deter any further actions like this being taken by the iranian government. there's been an outcry from uk allies over the killing. the us called it "sickening," emmanuel macron said it was a "barbaric act," and germany described it as "inhumane". this was the grim prelude to the execution — a long, edited video on state—run television last week in which alireza akbari appears to confess to working for the uk. but in an audio recording from jail, obtained by bbc persian, he spoke of the pressure he was put under and accuses iran of trying to tak

caroline edwards. (applause.)wards left a corporate career to follow in their footsteps serving our nation. on january 6th, 2021, she helped stop advancing insurrectionists, even after being knocked unconscious in the mobs first brutal surge. she has also fought for colleagues as a police union board member and peer counselor, and her congressional testimony will help ensure their valor is never forgotten. for her courageous defense of our democracy and service to fellow officers, we the people honor u.s. capitol police officer caroline edwards. (applause.) michael fanone. (applause.) the grandson of a police officer, michael fanone was born to protect and serve. a decorated narcotics investigator, he took an off-duty call to the capitol on january 6th, 2021, helping to drive insurrectionists away from a key tunnel and facing vicious attack. he immediately became one of the days most outspoken truth-seekers. for his absolute courage in protecting the capitol and our democracy and his tenacious search for accountab