david kirkpatrick is here. book and i am so excited to talk about it and hear what you think. silicon been covering valley for decades. david: it is so good. your timing could not be better. you knew it was coming. i know when you started writing it and it was a while ago. you are releasing it into the aic k -- into the thick of national obsession. emily: i did not know it would be a breaking news story. i started writing it two years ago, before the me too movement. but i certainly benefited from that momentum. people would talk about sexism, but not on camera. the problem is getting people to tell their stories. nobody understands how and why we got here. the more i started digging, the more i realized people did not know. and older, reader, white man, to summarize, it is shocking. the number of stories you are telling and statistics you reveal about how bad it is. it, 807% more women drop out of tech jobs than other kind of jobs? it is almost a ludicrous percentage. emily: and they are not leaving work, they

ok lots to digest here. , david kirkpatrick, ceo of the chonomy thank you , very much.itendra waral, we will continue to go through these numbers. we will bring you all the updates throughout the hour. bloomberg subscribers, just go to tliv top live blog, , being updated by the bloomberg news team by the second. staying on earnings, paypal is sinking after-hours, issuing a forecast that fell short of expectations, signaling struggles ahead. paypal is looking to compete with banks and startups in the transaction market, but growth of its venmo service slowed. coming up, we are staying on earnings. continued growth in cloud services helped fuel microsoft results. we will break down the numbers, next. and bloomberg tech is livestreaming on twitter, @technology, 5:00 p.m. in new york. 2:00 p.m. in san francisco. this is bloomberg. ♪ emily: let's continue our coverage of tech earnings. microsoft topping analyst estimates for second quarter revenue. tax charge caused the company to report a loss. cory johnson joined us from new york with more. microsoft getting a boost f

joined us now to discuss is david kirkpatrick, and also of the book, " the facebook effect."o mention growth potential remains great, and it is attractively valued, however, they are in the midst of a multifaceted crisis, both in communications and a tremendous failure to understand what the rear priorities -- real priorities are. meanwhile, there losing younger you users and the publishers are mad at them because of the way they change their newsfeed. there are a lot of issues here, what should investors be looking for? what concrete numbers and words indicate whether facebook is a buy or sell? david: they are willing to take a lower profit, but they haven't said by how much. i do think they are forced to say by how much, but even that weird thing that happened over the weekend with the tweet from the vice president -- it made the sense of urgency greater for anyone who is seriously trying to understand where facebook's head is that as a company. they need to say, how much is it going to cost, how long is it going to take to fix political problems if they are fixable or to i

families of the three young alaskans, private first class hanson kirkpatrick, chief warrant officer jacob simms, and staff sergeant david brabender, who lost their lives last year while in combat and in support of combat operations, we extend our deepest sympathies and gratitude. [ applause ] a debt of gratitude is also owed to our 70,000 alaskan veterans. thank you all for your sacrifice, your service, and your selfless dedication to this state and this nation. [ applause ] and finally, to my fellow alaskans watching or listening all over the state, being informed is critical to being part of the solution. thank you for your engagement tonight. [ applause ] i don't have to tell you how richly blessed we are to be alaskans, to live in a land of unparalleled beauty with limitless potential. of course, we have some challenges. some more difficult than others. but my optimism this evening comes directly from the state of our state, from the strength and resilience of our people, and from the steps we are taking to control our own destiny by building a safer, smarter, stronger alaska. [ applause ] i would like to start by s