vonnie: corey johnson, bloomberg editor at large, thank you.e from him in about an hour when he is joined by carol massar on bloomberg radio. mark: a flash look at the business -- biggest business stories in the news right now. jumping one shares the first trading day. went public.r york ates opened in new $18, bringing the valuation up to nearly $1.9 billion. it is now trading on the toronto stock exchange and the nysc. the british company intervened in the company bid to take over sky. they have to report how -- the regulatory process is the most important hurdle for them to clear. approval would let fox build a strong it meet -- atlantic media giant. the largest maker of swiss watches is forecasting a rebound in the u.s. and european markets. the company sees higher demand for components sold to rival watchmakers. swiss -- ♪ that is the latest bloomberg is -- business flash. says -- willparis not stop the paris accord momentum. we will hear from her next. this is bloomberg. ♪ ♪ mark: live from london and new york, i am mark barton. vonnie: a

joe: that was corey johnson with intel chief executive earlier today.nd for more on intel's acquisition of mobileeye. you have written that you are skeptical of the deal. what do you know that the c.e.o. doesn't? >> $15 billion is not a huge bet and big thing for intel, it missed the big ship wave that benefited qualcomm. and it doesn't want to miss the opportunity from perhaps the next big wave in computing in these cars that are kind of the supercomputers on the road in 30 years. scarlett: it could start from scratch or buy an established player. it is going to have to pay up. >> this is not a cheap deal. price to revenue basis or earnings basis. for a company, it's not the bet the company. joe: what are the key risks? >> the biggest key risks is well, a, they don't drive as big as we think they are going to be. and everybody involved in driverless cars, google, tesla, they are pursuing their own road maps for driverless cars which may not involve mobileeye at all or intel. and google is working on its own computer imaging technology that maps the roa

corey: that was cory johnson.ligent in the announcement that most operations will stay where they are. netanyahu tweeted earlier, congratulations. israeli pride. while it is the biggest acquisition of an israeli tech from ever it is not the first. others include apple -- google buying ways. joining us now for more context on the tech scene or two venture capitalists in new york. partner at a quest labs. thank you very much for joining us both of you. i wanted to get you first because you're helping to manage israelis on the angeles. how big is the scene? >> i think this seminal book on israel was written in 2009. the story is not new but i fervently believe that the world still has no idea about the innovation and shareholder value creation that will come out of israel in the coming years. give us some stats. 4 i know you have some good ones. >> when the book was written in 2009, the book was written because based on any stats you looked at, the number of startups per capita, the number of exits, the number of ipo

. >> corey booker, who are you wearing >> betty johnson is officer for the general review had a little fun with the politicians as they showed up. some got a good laugh. i believe darrell ice was the only one who took the bate and talked about what he was wearing >> did he say he was wearing a hugo boss suit or a something like that. some people weren't necessarily talking about but certainly showing off their fashion. newcomer secretary who is a billionaire, i believe, wore these custom made slippers, featuring the embroider erred looking of the commerce department on the toes. you can get these shoes too, they probably won't be this, they range in price from five hundred dollars on up. they appear to be made by stubs and wooten. >> i thought they were >> you were going to get the fox 5 embroidered slippers >> i'm going to buy a $10 and put a sticker on it and call it a day. >>> did you hear about this today? oprah for president? lot of people are talking about. tweet us, let us know what you think. >> oprah. greaice thi boneless chicken! yeah. we love low prices. no bones about it. [

here to dive into snap's user growth is bloomberg editor at large cory johnson and another jitendra waral. coreyve harnessed some of this analysis. it is something they will be measured against as time goes forward. this is fundamentally for business to grow into valuations, it is going to have to be a better business. you know, it is priced as if a lot of things are going to work, but when i look through the sec f1ings, the amended statement, one of the biggest issues was this rapid decline in user growth. we discussed it a little bit. cory: you know, they certainly acquired a lot of users. even rabid users. you can talk about the engagement and how much time users spend on the service. the size of the user base is not actually huge yet. half of twitters and a fraction , of what facebook is looking at. more importantly, the growth has slowed down dramatically. only 5 million users in the fourth quarter of last year and even the quarter before, the user growth was quite slow compared to historical numbers. in fact, going to the few quarters before, there was an acceleration in growth rate, then

joining us, cory johnson, and still with us, david kirkpatrick, tech economy ceo. corey you first. basically no eggheads anymore is the idea. think the idea is there are people out there who send nasty things to people they don't know and, for whatever lack of bravery they exhibit in real life, they are quite brave online, said that horrible things to people, and it is a function of anyone who is on twitter. the more big you are on twitter, the more likely you are to encounter these trolls, and the company has not done enough to stop it. they have had these tools at their disposal and chosen not to use them in the past. they have decided they can't put up with it anymore. caroline: david, too little, too late? it is tooon't think little, too late, but if mean tweets have become an entertainment feature on television, they have a problem to solve. i do think it is not irrelevant that mark centerburg put out that idealistic statement about all the ways facebook could make life better for its members just a few weeks ago. i think that is something of a product he to twitter

johnson from san francisco. this is three straight quarters of revenue gains. coreyt interesting things about the conference call will be the discussion that we would not imagined a few years back, that is amazon web services making serious inroads and lowering a lot of oracle employees. they say we just pick up the phone and take orders. it will be interesting to hear the commentary about how they are keeping customers and oracle seeing double-digit growth. tesla,at's talk about which just announced another capital rate. how often do they do this, a couple of times a year? ory: if you lose a billion dollars a quarter in cash flow you have to come back and raise a billion dollars to tread water. they announced big plans and be over $2expenditures of billion by the end of the second quarter and they need a lot of money to do it. look at the cash flow burn. solarcity is a pile of burning tires in terms of how much cash it burns. they would like to bring that with this business, they've got issues. they will have to raise a lot of money just to build a factory to put ou