i put more credence in what cory was saying.k to my basis that this is a big mix of general electric and chipotle. you take the alibaba model and you bring it to markets. that is places like africa and it is well-suited. it is much less well-suited to partnering with advanced companies in north american markets. >> what you think investors and the public will want to see if they are to succeed in the united states? >> the u.s. is a little bit of a red herring. i know they talked about it and we know that jack ma has a special affinity for this country but when you look at the numbers, international business as a percentage of revenues has gone from well over 20% three years ago to just 9% in the quarter they just reported in. it is a trailing year. take out the seasonality. international is a smaller part of business every single quarter for alibaba. it has been a very consistent trend. that is because china is growing so fast for them but the notion that they will be a big player in the u.s. is to look in the wrong place for wh

i spoke with cory johnson.ed them what phones they are going with. >> i am getting the 64 gig 6 plus. >> you're not nervous about the big screen? being too big? >> no. >> i checked it out last week. it feels like the right thing for me. i am looking forward to the change. >> color? >> gray, actually. >> it makes a statement. alex, how about you? >> i do not know why jean is going to short himself on the memory. why not go 128? these phones are a steal right now. i am going with gray as well. corey, your turn. >> for the memory question, it is interesting. i never have enough memory. i am going with the 128. i am going with the 6 plus. gene, i saw you at the announcement. we talked about it. we were surprised at how sleek a phone of that size could be. i've got big hands and the phone works for me. i think it is interesting how the offering of the six plus and of all of the memory helps raise asp's for the product. the average price of an iphone for apple could be quite high because of the offering at the very h

cori, i know you got to try out some of this stuff. give us your first reaction. >> i want to show you the new apple pay. it is the first one here -- that is my credit card on the back of iphone -- but apple pay is as intriguing as anything announced. the biggest market is this apple iphone. these two new iphones. both bigger and interesting. thinner than ever before. better cameras than ever before. a new, faster chip. better resolution and better battery life. it is what we expect with every iphone release. this is a market that is primed to buy a lot of phones. we have more phones coming off contracts right now than we have ever had before. the new devices are literally coming to market that is ready to buy new iphones indeed. >> aside from tim cook, the guy in the spotlight is also johnny ides, apple's lead designer. you got to speak with them. >> yeah. i talked to johnny about the watches. i'm intrigued about what it means for apple post steve jobs to go into the category that requires specialization and limited edition runs. it i

emily chang journey from new francisco,rom san cory johnson.gilehe guest from software, purchased by oracle in 2007. larry ellison and the resignation -- >> the company he cofounded in 1977. he has seen it through so many ups and downs. a larger-than-life personality in the technology industry. very controversial tactics, singling out the enemy and taking them down or buying them, replacing himself with two two lieutenants. mark hurd will run marketing and sales, and safra catz will run legal. she has been there since 1999. mark hurd has been there for four years. lots of questions about how well they will work together. questions about whether oracle needs new blood. while they dominate the industry, they have not been as innovative as people hoped. >> it seems larry ellison, while giving up the ceo title, is not going far, is he? >> he is remaining chairman of the company, and larry's still going to be there. at age 70, maybe that is why he is leaving. he is bombastic in person, completelyand a self-made guy. an adopted guy out of chicago. >>

everyone uses us but you and cory.'t know what your problem is. >> i need a little convincing. apple announced you are the first carrier they are working with on wi-fi calling and texting. just last year, t-mobile did not have the iphone. how did this deal come about? how did you make it happen? >> listen. we are not a utility. we are a mobile internet company. we think about things differently. our network is brand-new. we went from no lte to nationwide volte. we are the only ones who got it. we think differently and we are providing our -- we are all about providing our customers what they want. they've got utility company assets and mindsets and try to depreciate technology before they move on. it's not about customers, it's about them, what they have what happened they think. trickery, old assets, i like it. >> how did this conversation start? did apple come to you or did you go to them? >> are not authorized to talk about it. apple -- not speaking about yesterday in particular, they are a game changer. only apple

cory johnson is still with me. used to expand entertainment options or is the target audience gamers? >> it absolutely could be used for other entertainment options. it is already being used for sony's own in-house streaming service. they have not say yet what else it will be used for but it certainly has the option. sony has always been gamer first so we will see how soon it takes them to get that far. >> what kind of other companies are they targeting? are they targeting apple tv or roku? >> i asked them that just today. they said yes, it can, but because it is gamer first they think they can do more than the apple tv. they offer 700 games, that is the selling point. it works in conjunction with their playstation 4. you can use your playstation 4 in your living room and then you can have your playstation tv in your bedroom and stream the games that you are playing on the tv in the living room. >> the tv division in sony was so important for the company for so long but it has been an anchor on their neck for years

cory, what does apple have to worry about?rinking growth potential for the smartphone business. we're are not talking about it much, but the iphone 5c as a free device -- it was only a year ago that we were talking about thne oe to go down market and have a phone available for other markets, third world markets and so on. now that they have a device in the u.s. that will be offered for free, that is a powerful thing for them to widen their potential audience and make things like payments matter to a bigger audience. paul is talking about the mother of all upgrade cycles. 150 million units in the last fiscal year, and if you have an enormous number of iphone users who don't want to switch brands available to do upgrades on their plans, carriers want to keep them on the plans. a lot of switching happening next to the chaos introduced by t-mobile's new plan. here withphones sold slightly better cameras and battery life and the iphone 6 plus much under battery life. -- much better battery life. for a certain kind of user that is a

cory johnson by and peter cook in washington.hat steps are the government taking -- is the government taking? >> it only involves deals closing today and forward. it is not retroactive. that was a big question. how far back would they try to reach, if at all? we know it is not retroactive. what they are doing with the rules, it is safe to say that they have chosen to do things that tax professionals and tax attorneys i have been talking with over the last couple of weeks thought this is where treasury was heading. jack lew said that he did not think treasury had any tools in the toolbox to deal with these issues. what they are doing is hop scotching. it limits firms. it makes it less economically attractive going forward. they are tightening the rules on what constitutes ownership stake and equity ownership stake in the company. it makes it more difficult for foreign companies to meet ownership thresholds required by the u.s. government for tax purposes. they are tightening the tax rules for subsidiaries for taxation purposes. th

. >> cory johnson, our editor at large, standby. the watch is customizable with bands that could be swapped out. sam grobart got a hands-on look. >> you have heard rumors about it. might have even read articles about it. it is finally here. apple has got a watch. this is the apple watch. it is apple's first new product in four years since the ipad was introduced. there will be more than one apple watch. there will be three different families. watch goes on sale. this watch is made of stainless steel, all the other metals will be made out of aluminum or gold. the bands is an magnetic closure on a leather band. it will include other materials like stainless steel, robber, and other synthetics as well. there is a new controller -- rubber, and other synthetics as well. there is a new controller. it will allow you to cycle through different apps and different functions. it is backward compatible all the way to the iphone 5. it has a bunch of different apps. apple is expecting that the app community will work on new ones that take advanta

cory, nice talking to you again.e microsoft sideline viewing system, the new rule allows the surface on the sidelines is changing football and really in a way we have never seen. coaches and players are using the devices and they are making decisions, they are bring -- being more productive. it is part of this new partnership we have with the league. we are just getting started, to your point. >> james, talk to me about pete carroll and his reaction when you put it in his hands. >> because of competition reasons, i would not talk about individual coaches. i have spoken to a number of coaches. this is a technology we worked with the nfl, video directors of all of the teams. it points back to that unique perspective of how we have been doing a lot of things. it is the software, the networking, the support and implementation. the coaches are really enjoying it. they think it is fantastic. >> what can you see on the tablet? changed from the initial day, there are some privacy rules. what can you see? >> yeah, you touched

cory johnson has more on that.n prevent subprime lenders stop him from the starting their car. have sold 1.5 million of these things. hudson cook partner from nicole monroe. talk to me about the legal ramifications of this technology. legalre are a few ramifications. legallytes do not address whether or not you can use a starter interrupt device. what states do is they address when you can or cannot repossess. there are states that do address the use of a starter interrupt device. dol a friend and connecticut specify. these are new and legislatures have not dealt with them for the most part. they can be used legally within the confines of state law. >> how's business? been well. has we've seen a change in the marketplace. consumers are really excited to have the device because it's , aing them a better vehicle better experience with the lender. they're getting a chance to drive the vehicle that they want. it is becoming much more accepted in the industry. >> it also may be makes them want to pay more because they k

cory johnson is back with more. >> yes, it is interesting. lot of power and connectivity to run things like iphones. the tear downs, it shows us broadcom chips inside. the semiconductor company has announced they will be leaving the cellular modem market so what does that mean for broadcom? who would know better than the ceo? good to see you, scott. talk about getting out of the cellular business. how is that fundamentally different than the other businesses you are staying in? >> it is an incredible investment, and we were not able to get as much revenue as we wanted there, and what we are going to do is focus on the businesses where we come to bear, and that is broadband, all of those things. >> in terms of margin? >> we are sitting in a market leadership position in those oninesses, and we will work that market leadership. better meal -- better yields and better margins as a result? >> we are the goto partner for networking. we are the goto partner if do bluetooths to or wi-fi, and this is about taking those things forward. >> one of the n

cory and i spoke with visa's chief enterprise risk officer ellen richey.tarted by asking her just how apple pay exactly works. >> the way it works is you provision your card on to an apple phone very simply by taking a photo of it. in the background, visa technology working with your bank that issues the card will verify that it is really you adding that card. once you've done that, very simple step, all happens in the background. when you come into the store, you can simply wave the phone after pressing your fingerprint to the reader on the phone and it will make the payment for you. >> from a risk perspective, obviously we've seen major credit card breaches at target and home depot. had apple pay been more mainstreamed would that have happened? >> we say in security can never solve the problem because we have very enterprising criminals attacking our system every day. but apple pay and similar technologies will be a big part of the solution along with those new chip cards that you mentioned. >> specifically about these technologies, does visa have more c

o in hootsuite's cory johnson is with us as well. is an ipo in your future?ght now we are a great private company and we are putting together a management team and a great organization in general. we are building toward what looks like an ipo, public company. but we are not in any hurry to do this. we're being cautious in terms of how we grow in the next year and beyond and the timing and market is right, no question. >> let's talk about hootsuite it i used hootsuite to schedule my tweets but you can do other things with it. like what? about a tweet -- actual of microsoft office for , we are the parallel for the social world. engagement,or listening at what is going on in social media, the analytics behind what happens. campaigning products, which help you understand and engage with customers more, then we are looking at other products that fulln pull in to do the advantage of the management tool. >> who are the power users of hootsuite today and will they be five years from now? >> we are the pioneer in this space, really. 10 million users across the ,000 us

cory, how we do you describe the group?what is interesting is they took some of the best ideas of internet commerce, whether it was the to be or auction ideas or payment ideas, and pulled them all together into this specifically chinese company. him it has lots of pieces of all of those things. it is so important what they do there. even ebay has their own businesses and fulfillment businesses. it fulfills a lot of the needs that are -- that a more robust post office may do. >> roughly 80% comes from the chinese consumer sites. how are they similar and different? it is similar where businesses and brands sell products to consumers. it is where individuals and small businesses sell their products to consumers. admiring your outfit. are those yellow pants from the website? >> they are not. they totally could be. him let me say that i think that for nine dollars a pair the gentleman that marks apparel at a very nice job. him i am a little fancier. >> the big question remains whether alibaba can be a global phenomenon. can alib

cory is still with us as well.hat mine was charging faster but maybe that is just perception. >> we did a study and we drained the iphone 6 and the iphone 6 plus two 0% in may measured the electricity through a power monitor device and we extrapolated what it would take through the course of one year multiplying by the average retail price of electricity around $.12 per kilowatt hour and arrived at the 47 and 52 cent figures. >> how long does it take compared to the iphone 5? >> the iphone 6 took around one hour 15 minutes and we were using the 12 watt usb power adapter. we found the similar links of charging time for the iphone 5. the iphone 6 plus takes about two and a half hours because it has a larger gas tank. >> what's interesting about this to me is that you think about the battery charger for all kinds of stuff, the tech around your house. i bought a new house and i'm amazed that my power bill. i have a solar array and it's still not enough. i have tivo machines, tv's all over the place, the wine fridge. ar

cory, your reaction?phones, bigger iphones, but also, what we expected. >> you mentioned the accelerometer. every nuclear bomb also has an accelerometer. hopefully there will be no nuclear devices attached to this iphone. the house focus is really important here. the corporate culture reason -- in ways that steve jobs certainly was not, tim cook is a health nut. of time trudging around the apple campus with a bottle of water and handed and an energy bar in the other. we see the health focus of the iphone, when we know there is a watch coming around, we imagine what sort of capabilities it will have. paul was talking about the heart rate monitor, predominate, dr. ross was here earlier and i was talking to him about things in the phone that will be held focus. you start to imagine tim cook is thinking there is a big market for these technology devices -- the phone, the watch, the software and the semiconductors in them -- to give us health information that could be a much bigger market for apple going forwa

cory johnson are editor-at-large, thank you.c schmidt is out with a new book and starts with -- stops by to talk about everything from the android apple battle to whether marissa mayer can turn yahoo! around. his thoughts, next. ♪ >> welcome back to bloomberg west. i'm emily chang where we focus on innovation, technology, and the future of business. ever wonder about the inner workings of google? you can get a glimpse of life inside the search giant courtesy of eric schmidt who just wrote a book called "how google works." to help develop gmail and android. makers with market erik schatzker and stephanie earlier. take a listen as he talks about the android versus apple battle. the innovationat on the apple side and on the google side, that how petition i think is the defining fight of the computer industry today and benefits billions of people. x is it as brutal as it ever was? >> it's more so. >> you resolve some of the patent disputes. >> brutal in the sense that the margins are very tough for the operators. for the handset man

cory johnson is still with us, as well as paul kedrosky.aron, what do you make of all the enthusiasm in the markets about rocket? >> you have these twin german ipos going out right now. rocket internet, which we will talk about. this internet startup vehicle controlled by a prominent figure here. their firstp trading day to october 2, next week. there's a big e-commerce retailer out here who is very popular in europe from line fashion retailing. they were spun out of rocket some years ago, they start trading october 1. arron, rocket has gotten a lot of criticism for simply copying u.s. companies, whether it is amazon or ebay or square. is that fair, or do they have original ideas? >> the executives behind this company are three brothers. oliver is the front man. he is the ceo of rocket, he just spoke for about two hours at a press conference here in fright for it. -- frankfurt. he has been at this for a long time. these guys are well-educated young tech savvy germans. 15 years ago, back in 1999, they did a clone of ebay. within three months

s afraid that mr just made a trade system cory you all. right i've been there done that many all out of fear of all gun violence and all people doing this and all who do not trust this is the biggest stated it leads to low who are we would not get a border very we would not only. go into very suddenly in the middle of the sermon an argument between two and starts to get out of. certain barrel go back everybody go back we don't need nobody you know oh no we got it we can thank you oh god michel we got it we got it ok come on now you know this is no sooner what i said. they managed to keep the police from breaking up the service. put a man who well was a member of the fuckin town gang stuffs. the man in gray produces the gang's videos investigators say corey shooting was no accident he'd gone straight but his past caught up to him this he was killed because he went to a rival gangs territory harvey worth. where corey's brothers and fellow members of the pocket tom gangstas play their friends casket to rest as the police. can always be avoide

cory wasn't the only one who got his hands on the new samsung device. sam grobart was also at the product unveiling this morning. is it september? are we in a vaguely hip downtown manhattan location? we must be at another samsung event. today, they unveiled three new products -- the galaxy note four, the galaxy note edge, and they gear vr. this is the company's flagship tablet. it features a 5.7 super crisp display. to 50% in be charged only a half-hour. actually herbs off the side yeare device will stop the is a headset that provides virtual reality. in conjunction with oculus and is powered directly off of the note for tablet. this has been a tricky year for samsung. stiff low-end, there's competition from lower priced chinese manufacturers. companies like, apple remain extremely competitive. what we are seeing today is that as far as the u.s. is concerned, samsung is putting it shipped on the high-end of the market. with major events coming for motorola and apple, we will see how the battle for the luxury and plays out. speaking of product launches,

our editor at large cory johnson is back with us.do you think alibaba should do with all this money? i think it has to start doing some acquisitions. i don't see how -- you generate this kind of capital from a public offering, it's possible they could say they are waiting for strategic capital but the expectation among investors is that you will see acquisitions. you asked about yahoo!, probably the most widely expected example. i do not know if that is the one, but i'd expect to see a series of acquisitions over the next 18 months, which is what we saw in the last 18 months, so nothing new. >> he did not give us a straight answer but my interpretation was not exactly the route they were thinking. charles, what is their next that now that they have more money to play with? >> i think they have been saving for this for a long time. keep in mind is not just a $22 billion in cash they raise today but they have converted their shares into something liquid. when they go on a shopping spree, they have at their disposal not only the cash bu

cory johnson is live there now. a lot about nature of the internet and how this stuff works that goes from one computer to somebody's cell phone somewhere, everything it involves to move that information. there is fascinating changes underway in the way the process works being driven by intel. i'm speaking with diane bryant. you've got props, we love props. i love the watch you are wearing. >> this is themika device. > all of these devices, all the wearables, they create tremendous demand back in the data centers. all of that content getting served and those applications is coming from somewhere. it's coming from the data center so there is incredible growth in the data center infrastructure that is driving complete innovation. one of the ways where we are taking the data center is here. if you look inside, data center equipment is right with copper cables of electrons moving across copper cables. >> copper is slower than the speed of light. >> and feel how heavy it is an big. >> i'm not very strong. >> i am proud o

cory, what have you got?mber is 32. 32 technology ipo's pending, twice as many than a year ago at this time. 157% more. they are looking to strike while the iron is shot. -- hot. naramore rpo's we have to cover? ipo's we havemore to cover? what? anything you have your eye on? >> there is so much in numbers terms. in terms of the underpricing and the issue. this tells you about what they wanted to do and why. >> alibaba definitely left money on the table. a lot left for yahoo! >> thanks for watching. have a wonderful weekend. ♪ >> we are finding it. we are testing it. we are on a quest to show you the most cutting-edge companies. >> tonight, i will step into eight tinkerers's paradise. techshop is democratizing innovation. >> i will get a taste of the miracle belly -- miracle dairy -- bery. taked i will

>> i do not know who this cory johnson is -- >> he is hanging out at cupertino. >> cori is a smart manight. when i went to my first macworld in 2005, let's face it, i was not there when he was doing the ipad and itunes software, but it was like oh, my god, we ran to the store to buy this really stupid little -- it was on a roll, one of the first little rope --s on a >> that you hung around your neck. >> yeah, dumb. but we were running to the store. those things have passed. i call that peaked steve jobs. now we are heading into the good where he is cook feeling confident that he has got stuff, he is ready to launch province, he has been waiting for the market to come to him. top of the game, $600 billion company, best chance at a trillion dollar company. >> do you say they crush samsung? >> again, with samsung, i have never been a samsung user. when we look at the iphone 5 and i look at a samsung, i go toy and i go magical masterpiece. look at this product. my kids look at this product and i go what would i improve? what really what i improve? >> well, he is tried to do with iwallet.l

cory and go lisa.> really great. we'll toe somehow how one man takes strangers by surprise. five fingers at a time. he's getting high fives from around the world. that latte or au lait? cozy or cool? exactly the way you want it... until boom, it's bedtime! your mattress is a battleground of thwarted desire. enter the sleep number bed. designed to let couples sleep together in individualized comfort. he's the softy. his sleep number setting is 35. you're the rock, at 60. and snoring? sleep number's even got an adjustment for that. you can only find sleep number at a sleep number store. right now, save $400 on our most popular mattress. know better sleep with sleep number. >>> some new yorkers are getting a lift. a video shows the mayor handing out high fives with a big old smile. the independent filmmaker spent two afternoons just spreading joy one slap at a time. to his surprise nobody cursed him out or even tried to chase him. he said he's overwhelmed by the paz activity of it all. he's getting virtua

cory johnson with us as well.iah, headlines saying this is worse than heart lead and could break security for years? really? >> that is possible. the past 24 hours have been sleepless as we try to figure out how bad this vulnerability is. it has all the indication that it could be at least as bad as hard lead if not worse -- heartbleed, if not worse. >> what is happening here? >> heartbleed had the ability where we could see into data as it transmits from the browser to the website. tollshocked allows us execute commands on servers, whether they are on a user's desktop or on the web in general. now we can read it and write. when we compromise using shellshock, you can leapfrog to other systems. >> it's fairly amazing. it sounds like somebody taking over your computer, not just putting something on theire. >> at 30 much the way it works. -- that is pretty much the way it works. it is all the units and linux-based systems across the world have the potential of having these issues. doesn't it also have implications f

one of my favorite redskins, cory raymer.ou might be the favorite, i'm not sure, got a lot of old buddies. you come back from injury. how tough was that for you? the team on and off struggled. did have a playoff game coming up in your future. >> that was tough. it was at that time, right at the end of the season, closer to the season when i got in the accident, i was done for the year. any time you get someone else, you know, you leave that door open to come in and play. they got jeff ulinek in here, he started playing real well, a great football mare. he took my spot, so after that i had to -- it was -- that was a game changer. that was a career. that was something that i didn't, you know -- nobody ever wants that. but it was my second year in the league. here i'm looking at, you know, coming back and fighting back for my position. and that was -- to me, that was hard. so i had that little chat with myself at that time. the second year i was in here, a lot of my close friends that i hung out with, a lot of them got released

twenty four year old cory left behind two young children in the house just because and named this in this. every week general partner director spencer lake mary several people who have been gunned down it's been going on for decades and he's tired of. these young people think that they will not live in paris twenty five or thirty years old they consider a person twenty five or thirty as an old person they don't see. themselves living beyond that so therefore when they see a person of one of their friends flag and state in a casket they put themselves in that place they say very soon in a few weeks few months i'll beat the leg of their. parents say their son was trying to protect a girl when he took a bullet meant for someone else. you can be walking past and the blame was meant for someone else and they can do is basically traveling at someone else because these people and most of them are ill trained shooters and you know the edges alj hearing getting random shootings cell that some type of revenge can be expressed in the hope heard or thing is plentiful from. civil rights activists

i'm cory johnson. about $2.1 billion in the bank, twitter heads to the bond market , hoping to raise as much as $1.5 billion in its first dead offering. borrowing money while the cost doespital remains cheap. the emergence of apple pay mean the end of a physical wallet and plastic credit cards? we will look at how apple pay works, how secure it is, and whether it is truly a game changer. on wi-fi,oubling down offering customers a personal self spot and even a new router after the apple wi-fi announcement yesterday. emily chang is at the t-mobile event right now and will have an exclusive live interview with ceo john leger coming up. a new report says law enforcement provided the nfl video of the blockbuster video of ray rice punching out his girlfriend. we look at the technology that could prove what the nfl knew and when it knew it. to the lead -- would are tapping the debt market filing plans to sell $1.3 billion in convertible bonds as the bank decides to participate in the offering, it could spread

cory and go lisa. >> you're quite welcome. >> really great. we'll toe somehow how one man takes strangers to prove a point about internet speeds, we slowed down an up escalator. this is crazy i don't get it, this one is working ladies, shouldn't up be as fast as down? yeah. shouldn't internet speeds match as well? yes. do your socks match? my socks match. do your eyeballs match? yes. cable does not match the speeds. makes you want to go mad. erggggh. only verizon fios comes with speedmatch - upload speeds as fast as your download speeds join now at fiosspeedmatch.com verizon. >>> some new yorkers are getting a lift. a video shows the mayor handing out high fives with a big old smile. the independent filmmaker spent two afternoons just spreading joy one slap at a time. to his surprise nobody cursed him out or even tried to chase him. he said he's overwhelmed by the paz activity of it all. he's getting virtual high fives from people all around the world who have seen the video. >>> good morning everyone

cory and go lisa. great. we'll toe somehow how one man takes strangers by surprise. five fingers at a time. he's getting high fives from around the ♪ i thought it'd be bigger. ♪ ♪ (dad) there's nothing i can't reach in my subaru. (vo) introducing the all-new subaru outback. love. it's what makes a subaru,a subaru. the wait is over for even faster internet. xfinity is now doubling the internet speed... ...on two of our most popular plans. xfinity continues to innovate, bringing you the fastest, most reliable internet...period. xfinity internet from comcast, now double the speed. >>> some new yorkers are getting a lift. a video shows the mayor handing out high fives with a big old smile. the independent filmmaker spent two afternoons just spreading joy one slap at a time. to his surprise nobody cursed him out or even tried to chase him. he said he's overwhelmed by the paz activity of it all. he's getting virtual high fives from people all around the world who have seen tt2w t4n(r%!ous" e9h tt2w t4n(r%!rá

. >> cory, where do you think they put this cash to use?> they should buy all the companies that paul has invested in. one of them will be good. if not all of them. including the drones. we can expect them to put cash back to work and then the question is open. do they make acquisition in the states and take those -- take those back to china or do they double down in some of the other things they have got going or in other places? china has terrific investments in africa and that is a place where innovation is touching down in a lot of mobile areas and they might want to have some focus their. india also a very interesting place. they could have some natural advantages. to paul's point, there is a lot of interval companies that jack ma owns 90% of. they had to list them in the prospectus. he is not just the richest man in china today but will be for a long time to come. >> he is open to a joint venture. what did you make of that? >> i think you caught him by surprise. he did not -- maybe he is a great actor but he sounded like that was some

we will take you back out to the west coast where cory johnson is waiting in. us a little bit more about the relationship between softbank and alibaba. >> it's incredibly tight. friendships aside, this is a business relationship and they've got a huge investment with every trade of the stock of greater value. it gives softbank the availability to borrow against that and giving them more sprint to build out which they will surely do. it's worth noting that as it comes to voting their shares, they have promised that they will enter into an agreement now ,hat the ipo is happening softbank will vote all of its shares with alibaba in every shareholder vote as long as they hold a 15% stake in the company. it really is a hand in glove situation. how much of a benefit is that to havelike jack ma the premier japanese venture capitalists standing behind you? >> it's huge because jack ma has global intentions and wants to expand. masa has enormous experience in the rest of asia and influence in the united states. masa himself as victim dissidents -- has big ambitions beca

>> you're cory. >> cory. >> and you're? alex. >> alex and cory. fantastic, where are we going?you know they're pretty friendly. they're pretty much your friend. they are very talkative. when it comes to a taxi, really awkward. gerri: kennedy joins me now. so, i have to ask you, did you always want to be a taxi driver, kennedy? what is up with you on this story? >> i didn't know that did. then after i went through the entire process of becoming a lyft driver, there is a lot of vetting. they have to inspect your car. you have to go to a couple of seminars. you have to have proof of insurance. i came home and told my husband, that i wouldn't mind doing this on my days off. when the girls are in school. how fun go out and meet people that. worried him. gerri: that worried him a lot i'm sure. he worries but getting out there with old cory and alex i'm sure. >> cory and alex been doing a bit after tipple before that. they were bombed. why lyft is good option for younger people who can't afford private car service. taxis are so expensive in many places. that is why the sharing economy

i am cory johnson, for emily chang.lked to tesla about the battery factory. >> what we're trying to overcome in the next few years is battery cell construction. we need factory production to go live. we're expecting that the giga be toy outlet will third for tesla vehicles, and one third for other vehicles and stationary storage. >> panasonic paid for a 30-40% of the financing for the data factory. factory. apple phone, one of the top apple mobile investors. privy to the latest. the iphone 6 new irs from new york. the os is not getting a lot of attention here. and that might be one of the biggest changes of all. >> absolutely. a lot of feature updates, making the phone a lot smarter. updates across the board. new processors. iri.nces within so you name it. user interface fundamentally different? >>'s it will not change much. it is on the back end. if you put an movie tickets and you want to search a specific type in thell spotlight the specific movie so you do not have to go digging into the phone. it will bubble up to

cory johnson, our editor at large.g story from the newsroom. >> yes, cutting edge technology. the change in work and the giant private sector and the business world, it is fairly interesting, and in the tool your places like invoices. one ceo joins me. you called me and told me about invoice to go, and i said, "what, invoice to go," but this is a huge business. >> the product is an application that is generally used to let people may be a two or three-person business, maybe a plumber or a freelance designer, who wants to be able to have the peace of mind when the work is done, they send the invoice, which is the first step in getting paid. that is the value. if you get your invoices out faster, you get paid faster. >> when you look at this, the ceo of a giant business, and having a look at a lot, what do you see that makes this special or an opportunity not yet realized? >> it was already being used by so many businesses around the world. we have about 100,000 paying subscribers in many countries, and what they were al

cory johnson, our " lumbered west" editor at large. the last few days and weeks of them rife with security breaches. bloomberg has brought to life at hack attack at banks like jpmorgan and celebrities inicloud saw photos really -- leaked online and home depot is investigating a breach of its customer data which underlies the increasing need for both corporations and people like us, individuals, to tighten up their own security practices. let me ring and patrick mcbride of isight partners who analyzes the global threat ecosystem and i want to bring in the olivia sterns because she has been taking a closer look at the apple case in particular and apple had come out with comments yesterday saying it was not their cloud services that was attacked. >> yes, they are finessing this. they say the icloud encryption was not reached. what happened was that the individuals, the celebrities, had their accounts attacked by very targeted individual attacks. i spoke to a lot of security experts and they say it's very likely that the celebrities collec

cory johnson with more. about a robot up sus teenager and terrific idea to change the world for tens of thousands of people who live their lives in a wheelchair. i sat down and we talked about working with stephen hawking's about designing the chair. i asked him why he took this idea to a wheelchair? >> i thought why don't we connect a wheelchair. >> what kind of connection are we foundbout here? >> out there were three colors of data most important to the user and industry. we collected data from the wheelchair insult through an intel gateway solution by plugging and sensors on the wheelchair. we collected biometric data using a harness the collective breathing rate and heart rate and things like that. -- that biometric data was the chair data itself. >> we have an app made for android. you can map the accessibility of different places to know whether there is a sidewalk that you can get up out of the danger of the street and crowd sourcing safety. lex you got to put this to use with an intel him fully. tal