caroline: david kirkpatrick, quickly from you, do you think this is on the agenda of concerns for executivesn the u.s.? david: i think increasingly they are asking themselves, have we been hitting -- behaving appropriately? you are seeing a fundamental clash between a group of companies, of which apple is one, but also facebook and others, but they think that they are god's gift to the world of business and the european union thinks of them as aggressive u.s. companies and they wish they had european competition. they are demanding a much more rigorous set of parameters of behavior here it at think we are seeing a recalibration of the relationship between these global companies and the regulatory authorities of the world, generally. this is just one piece of evidence of that. caroline: we will see how the customers respond. great conversation between all of you. david rosenblum, director of the international tax program at nyu law. thank you. we have cory johnson with me in the studio and david kirkpatrick is staying with us. coming up, my contact me, what is in store for his ipo timeline. t

joining us is david kirkpatrick, the man who did that interview. has he changed his mind? david k.: i think he has been evil in his views rapidly because when you get that kind of push back as facebook has gotten, you have to pay attention. he has gotten global push back

david kirkpatrick sticking with us for now.will be tackling a new subject, shares a nintendo tumbling almost 7% in tokyo -- lukewarmown reviews for the new game. it was supposed to be a watershed moment for them, their first foray into mobile gaming. it has an average rating of 2.5 stars out of five. uses are complaining that the $10 price tag to unlock the game is too steep. stars, what you think is behind it david? because am not shocked when you think about the world we are in, you have to do something fundamentally different on this new platform of a smartphone. so reason pokemon go did well is because he was a fundamentally new use for the smartphone, putting augmented reality functions into a game and getting people out in the streets, really a whole new kind of human behavior as a result of the game. this is just taking a good old nintendo game and sticking it on a smart phone. it does not strike me as hugely innovative. caroline: does the star reading matter? i think they will get to drop the price or do something else

emily: that was peter ahlstrom from tokyo and david kirkpatrick in new york. coming up, this week was energy week here at bloomberg. we ask the ceo of son run if trump puts the clean energy industry in danger. and china is looking to compete with the u.s. and russia in the race to space. we will dive into the private space ambitions, next. this is bloomberg. ♪

also, david kirkpatrick and bloomberg editor at large cory johnson. >> it was interesting because it explained the history of this tax regime and the different pieces of apple, and which pieces of apple should be considered irish, were considered irish, and which are not. there are two ways to look at the news of the day. one is whether this backwards looking thing might bode differently for the future of apple and many other companies as it relates to tax in the eu and ireland. is a fascinating read. it is a long tease, but gets into how apple is to claim certain parts of their business were not in ireland even though money might have passed through ireland. and that is what is at stake here. what business was irish and deserves to be taxed in ireland. >> let's go to david rosenblum.

asia tech, peter hellstrom, from tokyo, just as the news broke, along with tech economy ceo david kirkpatrick in new york. >> the big news out of this is that samsung has decided it's going to return more cash to shareholders, specifically through dividends and share buybacks. it set in the past that it wants to return about 30%-50% of free cash flow to shareholders. as it has done that, the amount of cash and has on hand increases. it will go to the top end of that range, 50% going back to shareholders. even through dividends are buybacks. it's going to begin by increasing the dividend for

. >> david kirkpatrick, weigh in and give us a sense of your reading of the tea leaves. there is potential tax warfare between the u.s. and europe? >> it is a confusing situation of where i think apple has been extremely aggressive in how they structure themselves when they face these tax jurisdictions is an interesting question, and whether it is appropriate, whether they should be fine tuning their own structure when they are simply trying to do business around the world. it is legal in the unitestates at least. it's turning out that may not legal in europe. where these companies have to have a positive carrying of the flag around the world, we might consider whether it is to our benefit.

also in new york, our guest host for the hour, david kirkpatrick. with me in the studio, our editor at large cory johnson. apple is formally appealing. we also had a release of a statement today. the eu thing was interesting, it explained the history of this tax regime and the pieces of apple which should be considered irish and which are. there are two ways to look at the news of the day. one is the backwards-looking paid taxes.w apple if you want to understand what is happening, the document is a fascinating read and gets into wasn't reallyss

joining us now, david kirkpatrick. fitting you have gone up multimedia on us. we just saw you on tape in the piece. now we have you buy skype. on this story about the echo and the artificial intelligence in the home. how transformational could this be? transformational. one thing i think the story did not fully explain as that the something called the dot, a $50 version of the echo, which is possibly what sold like hotcakes over the holidays, even though amazon does not give us the numbers. i was in florida at my father's nursing home and all of the nurses were talking about getting echoes for christmas. this is a huge product.

most connected guys in tech, david kirkpatrick. welcome to the show. penny, we want to start with you, secretary. thank you for joining us. obama was a pretty digital president, trying to build bridges between washington and silicon valley. we spoke to you last -- is this always a positive thing and is that sort of relationship certain for the new administration? sec. pritzker: it is absolutely positive. it is essential. president obama recognized from the beginning the importance of the digital economy and the importance of technology and innovation. we have engaged to be a real partners with the leaders of the businesses in that area. we have developed digital policy to ensure there is a free and open internet. we have been working on trust online to make sure the privacy and security policies work for

and, david kirkpatrick. still to come, innovation ind and, david kirkpatrick.nes flying faster than the rules can govern it. what can be expected under a new department of transportation secretary, next. ♪ caroline: turning to the skies. a government watchdog report found that aviation regulators have approved drone applications quickly, in some cases missing safety violations. an example of how the department transportation has its oversight over the drone industry. joining us in new york to regulationdrone transportation expert. wonderful to have you on the show. first of all, you have written some incredible pieces talking about the future of airspace. perhaps we should not be thinking about automated cars, but automated aircraft. carried in theseation things? >> we believe in a future that eventually you would be going out and instead of failing an hailing an uber, a vehicle will come and you will fly to your destination. one thing that we say if you can deliver a package, you can deliver a person. we believe in that. to get to that future, we need systems

and, david kirkpatrick. still to come, innovation in drones flying faster than the rules can govern it. what can be expect under a new transportation secretary, next. ♪ caroline: turning to the skies. a government watchdog report found that aviation regulators have approved drone applications quickly, in some cases missing safety violations. an example of how the department of transportation has its oversight over the drone industry. joining us in new york to discuss is drone regulation expert greg mcneal. wonderful to have you on the show. first of all, you have written some incredible pieces talking about the future of airspace. perhaps we should not be thinking about automated cars, but automated aircraft. would we be carried in these things? greg: we believe in a future that eventually you would be going out and instead of hailing an uber, a vehicle will come and you will fly to your destination. one thing that we say if you can deliver a package, you can deliver a person. we believe in that. to get to t

also, david kirkpatrick and bloomberg editor at large cory johnson. >> it explained the history of thisax regime and the different pieces of apple, and which pieces should be considered irish, were considered irish, and which are. there are two ways to look at the news of the day. one is whether this backwards looking thing might bode differently for the future of apple in other countries as a relates to tax in the eu and ireland. it is a long tease, but gets into how apple is to claim certain parts of their business were not in ireland even though money did pass through ireland, and that is what is at stake here. what business was irish and deserves to be taxed in ireland. caroline: let's go to david rosenblum. it gives us a sense of apple claiming they were selectively targeted by the eu here. do you think they have a case? >> yes, they have something of a case. it is true the investigations have focused to some extent on u.s. companies. on the other hand, it is probably true that u.s. companies have led the world in aggressive tax planning, so i don't find it particularly surprising.

companies. >> david kirkpatrick, weigh in and give us a sense of your reading of the tea leaves. bayview there is potential tax warfare between the u.s. and europe? >> i don't think it is quite to that it is a confusing situation point. of where i think apple has been extremely aggressive in how they structure themselves when they face these tax jurisdictions is an interesting question, and whether it is appropriate they should be so fine tuning of their own structure when they are simply trying to do business around the world. you know, it is legal in the united states at least. it's turning out that may not legal in europe. in a world where these companies have to have a positive carrying of the flag around the world, we may even question whether it is to our benefit. >> give us the shareholder's. surely, for many the shareholder , would say it is the company's obligation to prioritize profits. >> what is interesting in the , context of a donald trump presidency and we might have a big tax repatriation holiday you , have companies like intel, apple and others who have set , thi

caroline: david kirkpatrick, weigh in and give us a sense of your reading of the tea leaves. is there potentially tax warfare going on between the u.s. and europe? >> i do not think it is quite to that point. but i think it is a confusing situation of where i think apple has been extremely aggressive in how they structure themselves when they face these tax jurisdictions is an interesting question, and whether it is appropriate that they should be so fine tuning their own structure when they are simply trying to do business around the world, you know, it is legal, and the united states, at least. it is turning out that maybe it is not legal in europe. where these companies have to have a positive carrying of the flag around the world, we might question whether it is to our benefit that they are so aggressive in other jurisdictions. caroline: give us the shareholder opinion. surely, for many, the shareholder would say it is the company's obligation to prioritize profits. >> in the context of a donald trump presidency, when we might have a big tax rate prescient -- tax repatria

ahlstromat was peter from tokyo and david kirkpatrick in new york.oming up, this week was energy week here at bloomberg. son runhe ceo of if trump puts the clean energy industry in danger. and china is looking to compete with the u.s. and russia in the race to space. we will dive into the private space ambitions, next. this is bloomberg. ♪ emily: this week on bloomberg, we focused in on energy. first up, solar. in in the wes -- in the weeks following donald trump's election there has been into speculation on it. trump campaigned on promises to bring back: mining jobs and scrap the clean energy initiative. helped those initiatives scale of the use of solar, which increased 30 fold under obama. with solar jobs growing 12 times faster than the rest of the economy. sunrise ceo with and cory johnson on the road ahead for the industry. >> you know, i'm not concerned at all. renewables are here to stay. the cost performance is just there and the people want it. just to highlight what voters wanted, if we look at the federal election, where the energy policy

joining us is david kirkpatrick, the man who did that interview. has he changed his mind? : i think he has been evil in his views rapidly because when you get that kind of push back as facebook has gotten, you have to pay attention. he has gotten global push back and yes, his views are changing rapidly and he is taking it seriously and they actually used the phrase "taking responsibility is quote in their rhetoric. jonathan: there is a deference between accepting responsibility for the outcome of an election and acknowledging you need to do something about it. david k.: he was not taking responsibility for the outcome of the election but taking responsibility for the fact that fake news existed on facebook. i do not think they spoke can be blamed for the election of donald trump. some people even criticized him for that. there is a lot of reasons why donald trump got elected and i would say facebook is not the leading one. david: some people would say take credit. david k.: i do not want to be as partisan as i probably am. i actually think facebook is starting to recognize

joining us now, david kirkpatrick. fitting you have gone up multimedia on us. this story about the echo and the artificial intelligence in the home. how transformational could this be? transformational. one thing i think the story did not fully explain as that the something called the dot, a $50 version of the echo, which is possibly what sold like hotcakes over the holidays, even though amazon does not give us the numbers. i was in florida at my father's nursing home and all of the nurses were talking about getting echoes for christmas. this is a huge product. >> this is an increasing returns kind of business in the sense that because it is ai-based, it is a learning system. the more people that have it, the better the system can get. amazon has a huge lead. is ad of all, amazon marketing company. they can sell this alongside their other stuff. buy moreinduce us to in ways that google cannot. i don't think what apple is doing with siri is comparable. i would not be surprised if facebook comes out with something not dissimilar to this. is amazon at go specifica