david kirkpatrick is sticking with me.agram joins a live video game and joins another feature that looks like snapchat. -- the copycat teachers mart are the copycat features smart? we will discuss. this is bloomberg. ♪ emily: a story we are watching -- made to the started testing demand. as $750could be as big billion. the biggest tech ipo since 2007. it will gauge interest for potential investors. it has not set a target listing date. instagram has launched a new feature,o messaging further in competition with snapchat. it allows viewers to watch only while it is streaming without the option of a replay. for more on the launch, sarah frier is in studio and david kirkpatrick is still with us. talked was about how this impacts competition between instagram and snapchat. stories,nstagram added that was basically a blatant copying of snapchat stories. wondered if they would admit that they had copied. and they did. a step beyond.it instagram has something that snapchat does not. snapchat -- emily: snapchat has no choice. davi

we asked david kirkpatrick what he thought of facebook's evolving tone. i don'tuld still say -- think he would use these words again -- but it is a crazy idea fatetrump won because of news on facebook, which is basically what he was saying. i think as a result of a huge pushback from all kinds of people and places, they are taking this gravely seriously at facebook. they know they have to make changes. what i found especially impressive given the pace in which development are going is that zuckerberg on saturday outlined a series of very specific steps they are starting to take to think about how they can change the way the algorithms work, how the validation of news works, so they are going to make concrete changes there is no question. emily: let's talk about some of those changes. stronger detection, easier reporting, third-party verification. articleshe quality of linked to. are these changes enough and should they be doing more? should they have more human editorial judgment involved? >> i think the question of whether humans or algorithms, meaning s

emily: dallas darrell west, lulu chen in hong kong, and david kirkpatrick in new york.till to come, everything you need to know from the two hp earnings reports this week. plus, the addictive home decor site houzz is looking to india for its next big growth spurt. we will catch up with the ceo. this is bloomberg. ♪ emily: the hardware company hp inc. and the fast-changing enterprise company hpe both have with the results tuesday. we brought in crawford for the top takeaway. >> similar to what you saw on the call, meg talks a lot about remaking hewlett-packard enterprise. they are really a company focused on the enterprise infrastructure space. what people need to get their heads around is the infrastructure is changing. you have to build out the cloud. you have to build out private data centers. as you talked about on that clip, this kind of industrial internet of things. there's so much data at the edge that hewlett-packard wants to capitalize on. what make talks a lot about is building a different size overhead structure, building a different infrastructure, to suppor

david kirkpatrick will stay with us. the u.s.ernment will require new hybrid electric cars to make noise when traveling at low speeds so pedestrians, people that cannot see, they can hear the car coming. the new rule to help prevent 2400 pedestrian injuries a year. could uber get the last laugh in china? tighter regulations on ridesharing companies could make business a lot tougher soon. we go to hong kong for the details next. this is bloomberg. ♪ cory: samsung is making moves in the automotive technology business with harman international industries. they make high-end car audio and a leader of connected car technology. the ceo says samsung is a good fit. >> samsung and harman believe this is a strategic fit that will maximize our strengths. &dmsung's global scale, r capabilities will provide harman the resources to broaden our portfolio, expand our reach and accelerate the production of industry first positions. cory: it is only been a few months since the china giant bought out uber, but now the city are planning to enforce t

david kirkpatrick is back with me right now. d: to whom he said was a crazy idea at the conference. cory: this is the heart of what facebook has been from the start. the heart of the internet -- should it be a place where people are responsible for what they put out or is the host responsible? david: it has been always towards the former. a platform -- the content comes from you and me. what happened is this scale of facebook's impact on society, the scale of the diversity of its services it offers, it is intenable to just be that anymore and i think they know that at facebook. i think there is a little bit of an existential crisis like who are we and how do we live up to what we are now? because it is easy to forget people can bad mouth facebook or criticize them -- this is a company with nearly 2 billion users globally. that has never happened before for any company, industry. personal data on all those people. all of them are sharing news of all kinds about themselves, their brother, their dog, their country, the pothole on th

bloomberg intelligence analyst mindy saying and economist ceo david kirkpatrick. industry grapples with what a trump administration means for renewable energy demands. we will speak with the biggest provider of home solar loans in the u.s. this is bloomberg. ♪ emily: energy analyst have tried to guess what the incoming administration means for renewables. trump campaigned on promises to bring back: mining jobs and scrap clean energy initiatives. this week, we got another hint. >> on energy, i will cancel job killing restrictions on production of american energy, including shale energy and clean coal. that is what we want. that is what we've been waiting for. emily: but questions remain, like what will the trump administration do to tax credits that help homeowners install rooftop solar panels? we caught up with someone at the heart of the industry, mosaic ceo billy parish. >> it has been good to hear from the transition team that they don't plan to target renewable energy tax credits. that makes sense. solar is one of the most popular things in america right now.

at pwc, and david kirkpatrick is a contributing editor. thank you for joining us.teve, just how big do you think this cyber monday will be? steve: as you said, it will be the biggest cyber monday on record. he also think this will be the biggest holiday season on record with consumers spending 10% more this year than last year. the majority of that growth will be online. emily: wife? -- why? steve: they have taken the friction out of the process and encouraging technology. all of the factors are in place for this being a great holiday. is taking an even larger share. talk to us what we are seeing with regards to amazon versus traditional retailers. interestingly, clothing and apparel. steve: it is fascinating. amazon takes about 90% of the share. nine out of 10 consumers told us they shop at amazon. 40% of those say that as of their relationship with amazon, they are shopping at fewer retailers, and 20% say that because of the relationship with amazon, their shopping if you are websites -- shopping at fewer websites. emily: david, amazon is making its own clothing.

to thank david kirkpatrick for sticking with me throughout the show. david, thanks for being here. will speak to the stripe cfo, an exclusive interview right here on bloomberg television. ,lso tomorrow, the nasdaq ceo 6:00 a.m. in new york, 3:00 a.m. in san francisco, on bloomberg surveillance. china is looking to compete with the u.s. and russia in the race to space. into their private space ambitions, next. this is bloomberg. ♪ emily: japan's obsession with keeping water and maintaining its tech prowess has reached a new level. panasonic is revealing its new megaphone that can issue commands in chinese, english, and korean. >> please form a single line. the device is basically a aartphone paired with hand-held loudspeaker. the company is betting that police and other seeking to control crowds will be eager to buy it. panasonic is a need to make -- aiming to link it to a cloud in translation service. china is spending billions on its space program, building a rival to the u.s. and russia. entrepreneurs are investing in the space race. tom mackenzie has more on the story from shenz

cory johnson spoke with david kirkpatrick.e a listen. >> there is a discordance between the central government and the local administrations. if you look talent central government, they have legalized these car hailing apps. if you look at the local level because the city governments are in charge of issuing permits for taxing and operations, this is probably a pushback from the b.c.a. drives and the companies behind them where they actually take a cut from the operating revenues so for didi coming in and bringing millions more drives, it is a blow to their business and that's probably where we're seeing some of this pushback from. cory: they were taking a step closer to an i.p.o. i wonder if you get the sense with not just uber but some of these unicorn companies are starting to think about cashing out their investors, growing up a little bit and becoming publicly traded companies. >> i think in general that may be happening. i don't sense it as much at uber as some of the other companies. i think uber is feeling comfortable

people saw the election of donald trump coming, and his discussion about m&a yesterday with david kirkpatrickaid that bigger can be safer in today's unpredictable what'sment, not knowing really to come in a trump administration. do you think two hp's are better off than one hp with donald trump running our country? guest: i really can't comment on that. you i can focus on is what are seeing emerge in these companies. i have spent a lot of time with both hewlett-packard and hewlett-packard enterprises. if i could sum it up in one word, it's focus. this company, through their focus, has a lot more options, because the sales team is more focused on what they are selling, the products, the absolute amount of time they can spend on crafting the portfolio, that kind of stuff is just stronger than it has been in the past, and you really saw that in the eula packard -- in the hewlett-packard, the hp inc. today, you saw the systems group growing 4%, and that is faster than the market. what person is in charge, meg on the call mentioned she did not see the likes of having a significant impact on near-t

david kirkpatrick wrote the book on facebook and suggested earlier this week that jack dorsey is taking more political stance. where we are seeing mark zuckerberg be much more apolitical. zuckerberg, it's important to him personally to appear unbiased. we saw how facebook reacted to the dispute earlier this year around trending topics, when gizmoto reported that there may be liberal biases in the stories they selected to be trending. facebook almost over reacted to that. they fired the human editors, they invited conservatives to headquarters to speak with zuckerberg and learn more about how newsfeed works. this is a very tricky place for zuckerberg to bn. he does not want to be the arbiter of truth. he doesn't even want to block ws,sed opinionmongering ne opinion masquerading as news. those will be the most difficult articles for facebook to try to restrict. fake news could be easy. do you think facebook needs to take greater responsibility to add more human editors, human curators of news, like yahoo! news did back in the day? sarah: facebook has never characterize themselves as a new

david kirkpatrick wrote the book on facebook and suggested earlier this week that jack dorsey is taking more political stance. where we are seeing mark zuckerberg be much more apolitical. >> zuckerberg, it's important to him personally to appear unbiased. we saw how facebook reacted to the dispute earlier this year around trending topics, when gizmoto reported that there may be liberal biases in the stories they selected to be trending. facebook almost over reacted to that. they fired the human editors, they invited conservatives to headquarters to speak with zuckerberg and learn more about how newsfeed works. this is a very tricky place for zuckerberg to be in. he does not want to be the arbiter of truth. he doesn't even want to block biased opinionmongering news, opinion masquerading as news. those will be the most difficult articles for facebook to try to restrict. fake news could be easy. those kind of things that are trying to persuade people are going to be a lot harder. emily: do you think facebook needs to take greater responsibility to add more human editors, human curators of

we spoke with lou chen and david kirkpatrick.s a discordance between the central government and the local administrations. if you look at the central government, they have legalized the car hailing apps, but all the local level, because city governments are issuing permits , as isi operations probably a push back from the , where they actually take a cut from the operating revenues. in and bringing in millions more drivers, it is a blow to their business. >> there was a thought that one of the things uber was doing was taking a step closer to an ipo. you get the sense, not just with uber, but just unicorn companies, they're going to cash out investors and going into publicly traded companies? in general and maybe happening but i don't since it as much in uber as with other companies. i think uber is comfortable with raising capital. if you look at facebook's situation, if they had never gone public, they would've been able to do a lot of things to respond to situations that are put in a difficult situation right now that they can

earlier today i attended a tech convention in half-moon bay where bloomberg's david kirkpatrick has pulledher an all-star list of speakers including mark zuckerberg and james park. the conference's main theme is how the internet of things, i.o.t., will create a more efficient world. i sat down with the man leading verizon's efforts and asked how i.o.t. will impact the long-term vision for the wireless business. >> we may not see individual growth of smartphones, but we will continue to see the growth of consumption of more and more data. that's also an important part of our 5g investment, not only to improve service, but the able to move that data cost effectively and then also efficiently so we don't have those choke points. emily: how do these efforts hit the bottom line, and where does revenue and profit come from? >> revenue and profit comes from making our infrastructure more efficient. as you're consuming more and more data, we have a cost efficient infrastructure. that gives you the ability to maintain margins and then continue to invest back into the network infrastructure. emily: