barry diller doesn't exactly love donald trump.m a chance but he is pretty steadfast saying i don't sieve the evidence that russians are hacking. >> show him the evidence. liz: john says there is evidence. >> i think you're talking about two different things. are the russians hacking us? yes. are the chinese hacking us? yes. are the north koreans hacking us? yes. i can go on and on and mention countries that i wouldn't want to mention because they're friends of ours. now are they involved in this particular election in the way has been alleged? i would have to see the documents to know the answer to that let him see the documents and he will give us answer. you know what the answer might turn out to be? it might be turn out to be a percentage. these things are not sometimes able to be proven 100%. part of the problem you asked john, you can you put a cone over it. you can't. you can supply a series of solutions reduce the ability to trude dramatically and solutions toick the intrusion quickly, which is also very important by the wa

founder and chairman barry diller. plus, aol c.e.o.im armstrong joins us as we mullet the new options. and tesla swerves. the electric carmaker's recent delivery numbers missed estimates. firs

up next, iac founder and chairman barry diller joins us from las vegas. bloomberg. ♪ caroline: donald trump is said to remain opposed to the megamerger between at&t and time warner. he believes it would concentrate too much power in the media industry. now, media mogul barry diller is the chairman and senior executive of iac, an internet and media company comprising over 150 brands and products, including match.com. we caught up with him in las vegas and asked about trump's position on that deal. stock is your subjected more than a day or two to his comments, then you have a very lousy business. it is all today's ridiculous -- reporter: there were merger efforts last year in the similar way. do you see any likelihood of that deal being resurrected? >> no. reporter: why do you think that. specialu are on the cbs committee representing the chair holders, you are not going to purchase viacom at anything but a bargain sale price. if you are on the other side on the special committee, you will not sell it at anything but a premium. it will not happen anything,

up next, iac founder and chairman radel are joins the -- barry diller joins us from las vegas.berg. ♪ caroline: donald trump is said at&t-timesed to the warner megamerger, and shares dropped on the news. media mogul barry diller is the chairman and ceo of iac, a company comprising more than 150 brands and products, including dating site match.com and video service vimeo. in lasht up with him vegas and asked about trump's position on the big deal. reporter: if your stock is orject for more than a day two to his comments being a negative drag on you, that you've got a very lousy it's all today's ridiculous silliness. there were some merger efforts last year in a similar state. cbs-viacom fell apart area do you see any likelihood of that being resurrected? guest: it would not have happened anyway. reporter: why the you think that? on the cbsou are special committee representing the shareholders, you are not viacom at anything but a bargain sale price. if you are on the other side of the special committee, you are not going to sell it at anything but a premium, so it's never going

diller: that is a horrible word. nice segue, but not for me. i will wander around, go to a few different places and do some things. if you came to cbs three years ago, you would never see a car on the floor. do you have a vision for putting content into cars? bullish onally putting screens into cars. it is an ipad where they push out videos. time.you so much for your as insightful as ever and i hope you have a wonderful show. diller was barry speaking with bloomberg's alex webb at the consumer electronics show in las vegas. they started off the conversation by asking barry for his thoughts on donald trump's -- he didn't come it publicly, but his view that the at&t-time warner merger should not go forward. barry diller is no fan. >> he basically made the point that ceos can't be worried about one or two day stock move because of a tweet or something. it doesn't change the fact that this is a new reality for a lot of companies and ceos, that they have to consider trump tweet risk, so to speak. >> the whole media structure and the tech world seems

iac webb caught up with founder and chairman very diller. -- to being a negative drag on you, then you have a very lousy business. it is all today's ridiculous silliness. >> there were some merger efforts in a similar space, cbs-viacom fell apart, do you see that deal being resurrected? >> it should never have happened. >> why is that? if you are on the cbs special committee representing shareholders, you are not going to buy viacom at anything but a bargain sale price. if you are on the other side of a special committee, you will sell it at a premium, so it won't happen anyway. >> how would you try to turn around paramount? is there a way it can be done? >> you make a good movies, it turns. it ain't hard. compared to what's going on here and the changes in the world, storytelling on a big screen is very simple. you have a story, tell it, and people either like it or not. there is no tech involved. it is quite binary. tech companies are increasingly looking at the content space. amazon has made huge strides in that space. there is a lot of t

truly changing the world. >> diller's foundation has always prizes education with awards. this gift is different. it comes with virtually no restrictions on how to spend it. there will be 400 million for the university's endowment, and literally 100 million for anything. >> the big hairy goals we're chasing after require risk taking and often need tools, technologies that don't exist now, and it's a bet on whether they can be built. >> that $100 million will be called the innovation fund dolled out by the chancellor. >> the field of mental health and psychiatry is one huge big hairy problem. >> to be able to place big bets on these opportunities that are emerging right now because of genomic sequencing and genome editing. >> he says the pie in the sky, just got a bit closer. >> i guarantee you, people are talking about, wow! if you could really dream, and we can. >> jonathan bloom, abc 7 news. >>> coming up next, 7 on your side, and superheros. >> find out why michael finney says you >>> signup online for a membership, e-mail address, anything, you'll be asked for personal

truly changing the world. >> diller's foundation has always prizes education with awards. this gift is different. it comes with virtually no restrictions on how to spend it. there will be 400 million for the university's endowment, and literally 100 million for anything. >> the big hairy goals we're chasing after require risk taking and often need tools, technologies that don't exist now, and it's a bet on whether they can be built. >> that $100 million will be called the innovation fund dolled out by the chancellor. >> the field of mental health and psychiatry is one huge big hairy problem. >> to be able to place big bets on these opportunities that are emerging right now because of genomic sequencing and genome editing. >> he says the pie in the sky, just got a bit closer. >> i guarantee you, people are talking about, wow! if you could really dream, and we can. >> jonathan bloom, abc 7 news. >>> coming up next, 7 on your side, and superheros. >> find out why michael finney says you s >>> signup online for a membership, e-mail address, anything, you'll be asked for person

barryebb caught up with diller.s subject to a day or two being a negative drag, then you have a very lousy business. that it all today's ridiculous silliness. >> there have been merger you hear any of the deals been redirected. >> that would never happen. , if you areeholder on a special committee. to get by, forng anything but a bargain sale price. if you're another company when i can sell it for anything but a premium. >> how would you try to turn around paramount? how can it be done? >> make better home movies. the movie industry is the simplest business, compared to what is going on here. narrative story on a big screen is very simple. you have a story and tell it, people like it or not. there is no attack involved, -- tech involved. , a lot of techy companies are making huge strides in this space. do you think companies need to own the content? why is that? >> no, if you own content you want to distribute it everywhere. if you are engaged in distribution, like apple, like amazon, they are essentially distributo

. : i'm here with barry diller. seemingly not a fan of the at&t and time warner deal. what are your thoughts on that story? barry: who cares what he thinks. unless he's going to go to the whole legal process, he's just doing what he does, making noise. and on a subject he really doesn't know anything about. alex: he has taken a 10 out of the shares today. barry: when he says something, the stock is down -- fine. if your stock is subject more than a day or two to his comments being a negative drag on you, then you have a lousy it is all today's ridiculous silliness. alex: there were some mergers last year in a similar space. do you see any likelihood of that deal being resurrected? barry: it should have never happened anyway. on the cbs special committee representing the shareholders, you are not going anything but at bargain price. never going to happen anyway. i don't know why everybody made noise. alex: how would you try to turn around paramount? barry: make good movies. it's not hard. it's a simple business compa

. >>> the family foundation of the late helen diller.s the single largest gift in the history of the university. one of the biggest donations ever give tone the university to any university in the united states. helen diller was a san francisco native who husband founded a real estate company. it's aimed to support the staff and students of ucsf. >>> a san francisco soup kitchen operated by nuns is getting support in their effort to move to a new location in the city's mission district. tony robins met with the nuns and their patron this is morning to voice their support this is a photograph in that meeting. right now the sisters soup kitchen is on tucker street but they are of nothing because of a steep rent increase. the new kitchen would be on the 1900 block of mission street. it is meeting some opposition from neighbors worry that it'll bring more homes to the area. the proposed move will come before the planning commission later this after. >>> still ahead we have been temperaturing you about the chargers move to los angeles and aft

founder and chairman barry diller. plus, aol c.e.o. tim armstrong joins us as we mullet the new options. and tesla swerves. the electric carmaker's recent delivery numbers missed estimates. first to our lead and the biggest tech trade show of the year, the consumer electronics show took over las vegas this week here in the united states. the annual spectacle offers an early glimpse at the top tech to watch, from home improvements to driverless technology. there is new media in the field. alex webb caught up with the industry leader and chairman barry diller. take a listen. alex: if your stock is subject for more than a day or two to his comments being a negative drag on you, then you've got a very lousy business and it's all, you know, all today's ridiculous silliness. ex: there was other mergers, cbs-viacom obviously fell apart. do you see the likelihood of that beal being recenter recollected. barry: should never have happened anyway. alex: why do you think that? beary: if you're a shareholder -- excuse me, if you're on the committee

it was pledged by helen diller. she passed away in 2015 and was a long-time supporter of the university. most of the money will go towards supporting faculty, including new recruitment and help students finish school with less debt. the school put 100 million into a fund that invests in early stage research that's not funded by the government. >>> coming up at 6:00, jonathan bloom looks at the big research questions that the funds could help answer. >>> human-style speech may be millions of years older than previously thought. scientists in france studied baboon speech and found that they make five distinct vowel-like sounds like we do. it's been thought that human language started within the last 70 to 100,000 years. this new finding suggests it began about 25 million years ago with our last common ancestor to baboons. into still ahead, the dog that was stuck on a cliff ledge that just didn't want to be rescued. >> even after a very long trek to get him by first of reach for far too long:s have health insurance.tha

it was pledged by the family foundation of helen diller. the san francisco native passed away in 2015 and was a long time supporter of the university. they say the money will largely go toward supporting faculty, including new recruitment and toward supporting students helping them finish school with less debt. >>> coming up on abc 7 news at 4:00, good news for allergy sufferers. the pharmacy slashing prices on epipens. and can't tell if it is fake news or the real thing, california now has a bill for that. the story tonight on abc 7 news at 5:00. >>> guinness seems to have a world record for just about everything. >> true. including this. the most consecutive stairs climbed while balancing a person on the head. two brothers from vietnam have just shattered that record. >> wow, look at this. ascending the 90 steps of the st. mary's cathedral in spain in 52 seconds and they have been rehearsing for this moment for 15 years and you could understand the joy when they completed this task. >> they wanted to prove to everyone in the world that hu

including our extended conversation with barry diller.as verizon continues to monitor the options. swerves.ords -- tesla

there is no such thing as a bad diller interview. barry diller is always fired up.this is bloomberg. ♪ in london.ne lacqua i'm tom keene in new york. we are watching mexican peso. right now to our bloomberg business flash. taylor riggs. taylor: apple plans to invest $1 billion in a new technology fund run by softbank. it will speed the development of technology which may be strategically important to apple. softbank plans to launch the $100 billion fund -- the $1 billion fund -- the $100 billion fund this year. toyota says it will take trump's decisions into account when planning for mexico operations. they also say they are thinking of boosting u.s. production of matter who is in office. ford canceled a planned to build a factory in mexico after criticism from trump. british consumers should get ready for inflation. the weak pound is forcing up the cost of imports. that is according to the british chambers of commerce. the share manufacturers expecting to pass on cost increases to consumers is the highest since 1989. that is your bloomberg business flash. francine:

they could not because the seller was always hidden behind a diller -- a dealer or an agent or representative. >> so when tens up in philadelphia with a dealer tries to sell it to the national constitution seller . ahead of the constitution center to save you love to have the bill of rights but then dealer says we have a better deal you can have it for free because we found to wealthy donors to with like a tax deduction they will buy a attend give it to you for free. this is not unusual and then they donated to a the institutions so what happens with the general counsel for is the word gets back to the governor of carolina that within a day the fbi is on the case they come to philadelphia say you have to help us get back to north carolina some of the fbi or arranges a sting. so what happens is the agent brings it to use the office. every betty looks over this document that is fated but they are in an odd because it is the bill of rights then the fbi comes crashing through to confiscate the document taking a back to north carolina. seven years in court to get the document actually and legally

of the industry leaders in the consumer electronics show including the founder and chairman barry dillerceo joins us as verizon to mull through their options. tesla's words. -- tesla swerves. the biggest tech trade show of the year, that consumer electronic show in las vegas. the annual spectacle office and early glimpse to watch in 2017 from smart home improvements to driverless car technology. another big seeing -- new competition in the field. >> if you are stock is subject to his comments being a negative drag, then you have to -- then you have a very lousy business. there were similar mergers last year. do you see any of those being resurrected? >> they should've not been resurrected. if you're representing the shareholders, you are not going buy viacom. if you are on the other side, you will not sell it at anything but a premium. i don't know why everyone made noise. >> how would you try to turn it around? it ain't hard. make good movies. it is very simple. you have a story, you tell it. people either like it or not. there is no tech involved. it is quite binary. >> a lot of tech c

we will continue our coverage of ces with a great lineup including barry diller and shane ward, appearingerg television. be sure to turn in -- tune in for those interviews. all of our episodes of bloomberg technology are streaming on twitter. that is all for now. this is bloomberg. ♪ anna: a good problem to have. opening,e floodgates tim barrelmay names as the u.k. posner ambassador to the u.k., just after his resignation. anna: and extending gains by the most on record. the efforts to choke apple outflows beginning to pay off. -- capital outflows beginning to pay off. anna:

we will continue our coverage of ces with a great lineup including barry diller and shane ward, appearingn in -- tune in for those interviews. all of our episodes of bloomberg technology are streaming on twitter. that is all for now. this is bloomberg. ♪ announcer: from our studios in new york city, this is "charlie rose." charlie: ian bremmer is here, the president of the consulting firm, eurasia group. every year, they publish a list of top global risks. , 2017, thehed a list geopolitical recession. welcome back. i don't know if it's going to be a happy new year or not. you talk of a global recession as we begin talking about risk. ian: we are her

we will have interviews with the likes of tim armstrong, barry diller, plus on the ground reporting fromreat bloomberg technology team. coming up come a chinese internet giant sets its sights on a $5 billion ipo. we will discuss that, next. and tesla lower in extended trading after selling 22,000 vehicles, totaling just over 76,000 for the year. tesla has been aiming for at least 80,000. this is bloomberg. ♪ caroline: a silicon valley startup says it has raised $140 million in a fifth and final funding round as a ramp set the -- as it ramps up the manufacturing head of its ipo. the electric transit bus maker expects to go public this year or early 2018. gm is said to be a backer. they debuted a vehicle last year that can travel 350 miles on a single charge. sticking with ipo's, on our funding board, china's third-biggest search engine is planning a u.s. ipo. it will probably happen this year and could give a valuation of as much as $5 billion, all in an effort to take on the biggest competitor, baidu. still with us is our guest post -- host from heroic ventures. selena, i want to bring u

catch a big interview from us later today with barry diller. take am.ok at european equities. the ftse hit a record high for the sixth consecutive day. this is bloomberg. ♪ ♪ vonnie: i am vonnie quinn. david: welcome to bloomberg markets. ♪ david: from bloomberg's world headquarters, covering stories from new york, washington and london, morgan stanley's chief economist joins us with her outlook. we will talk about lies ahead for janet yellen and the federal reserve. u.s. intelligence chiefs reacted with president-elect donald trump has said and tweeted about russia's role in the election. a live update from capitol hill and the armed services committee hearing taking place today. an inside look at the mclaren 570 gt. there is a car in our headquarters. we will speak to the north american ceo. let's have a check with the markets with julie hyman. julie: makes me think of matt miller. let's look at stocks. we have seen a pullback that is accelerating throughout the session. all three major averages are down. the nasdaq has been the outperform or, it is d

we'll talk to barry diller. live from the consumer electronics show, back to you. >> yeah. you but look, all that you get. knock knock fridge. neil: right. >> yeah, your cookie dough. what more could you want. neil: there you go. liz, thaw very, very much. liz claman in a little over an hour now. look at corner of wall and broad, what is going on here. a lot of crosscurrents here and a lot of stumbles out the gate for republicans in their effort to get a lot done. they have been busy. they do hope to get a bill on the desk of president obama within about a month. to repeal and ultimately replace obama care. rand paul came along. we'll have a lot more on that after this. .. neil: a weird confluence of events. tomorrow is the arrival of the three wise men. it is also tomorrow, today by joe biden, officially count the elect oral moments, donald trump, you know the three wise men and president of the united states and to add to this drama for the next hour, a very wise man, happened the same day. all free on basic cable. ashley: no more laughter. the battle over obamac

the family of helen diller is giving after a billion dollars, the biggest gift it's ever received. >> i'm going to do everything in my power to honor her legacy by spending the moneyizely and truly changing the world. >> reporter: her foundation has prized education with awards given to teens healing the world and an earlier gift for cancer research. this gift is different. it comes with almost no restrictions on how to spend it. there will be $400 million for the undoimt and $100 million for literally anything. >> the goals we're chasing after require risk taking, and often need tools, technologies that don't exist now, and it's a bet on whether they can be built. >> reporter: that $100 million will be called the innovation fund doled out by the chancellor to departments where an influx of cash could lead to a breakthrough. >> the field of mental health and psychiatry is a big problem. >> reporter: he is studying the links between autism. >> to be able to place big bets on these opportunities that are emerging right now because of sequencing and -- >> reporter: he says the pie in the

ucsf is getting $500 million from the helen diller foundation the biggest donation the school ever received to recruit faculty and students and will fund cutting edge research. >>> take a look at this. these critters don't mind the wet weather. these river otters were swimming in the alamo creek yesterday. they were spotted near a high school in san ramon. >>> and this latest storm has brought us some remarkable pictures. >> our viewers, you, have been helping us tell the story through social media. heavenly ski resort tweeted this picture of the "stagecoach" chair lift... buried in snow. we want you to keep the pictures coming. you can share them with us through facebook, instagram, snapchat or twitter. toss to meteorologist paul deanno (((weather))) (((weather))) (((weather))) >>> a lot of news stories will come out of the incredible amounts of rain we have received. one that we're going to be talking about stream levels will be so much higher than anything that we have seen over the past 6 years or so which is wonderful news for all the life that lives in the streams, fish doing very wel

the money comes from the family foundation of the late helen diller a san francisco native and long-timedvocate of ucsf. it will support faculty and students at the school. and the gift boosts the university's endowment by 18%. >>> cupertino-based apple may expand to different industries that have been around for decades. joining us now is kcbs radio's financial reporter jason brooks. >> good morning. >> reporter: good morning, michelle. good morning, kenny. apple may have its sights set on hollywood. the "wall street journal" says that apple has been in talks in recent months with movie studio executives including producers about acquiring the rights to tv shows. and also indicating interest in movie-making. apple is identifying its services as a bigger part of its future. smartphone growth has slowed worldwide. and that's including things like ipads, also slowing down. apple looking to grow its services. apple music subscription business has 20 million subscribers only half that of spotify. the big deal for apple would be that it would be very expensive. netflix, for instance, spent $5

i am guy johnson in london and --t diller is back in berlin and matt miller is back in berlin and hasmorning brief. nope, he does not. i am sensing there may be an alarm going off in berlin. i will take it out. let us talk about theresa may. sterling trading at 122 against the dollar. the prime minister is signaling immigration will be her issue. stance, what is a more normal rate? deliverrump promises to as fiat chrysler promises to keep production north of the border. who in the auto sector is in the driving seat? let us talk about european equity markets. we are expecting a positive start. let us take you to the markets. let us see how many are at their desks. there is the british currency. zero .1%. we expected to rise a little bit more. london beginning to outperform. we are expecting about 0.4% higher. other markets expected to be softer. the pound is opening a little bit up this morning. germany will be interesting. manus cranny is here. manus: the americas s&p made a record. never quite made 20,000. european equity markets are trading on german day debt and the latest nuances

coming up come our interview with barry diller.rom new york, this is bloomberg. andbti up 20%, brent $56.94. -- wti up 20%. is thatus from the cme of i i trader. it pushed through 55 and then rolled over again. the trend is sideways. why? will looking at the february contract, we've been trading at a $12 range since the beginning of april. not expect us to see a breakout or breakdown until we get another fundamental catalyst. one of those could potentially be production cut followthrough by opec. we know they talked about implementing cuts. historically money tends to fail. that's why we often times called in the cartel that cried wolf. if they follow through with these cuts, we will see another push higher and a breakout about that 55 level, maybe $60. that will be the top end in 2017. there will be more downside potential as we get into the year. jon: it seemed as and as we get in -- the hedge comes is that a theme throughout 2017? >> that is exactly right. you are seeing producers take advantage of these higher prices at the top

calpers went after barry diller's company recently.hat's the play here and by the way, google's guys, they control 60% of the voting stock in alphabet. stuart: i think that snapchat is more attractive if the founders keep control. isn't it? facebook is attractive because of zuckerberg, what are you looking at? >> this is the oldest m esest p the media industry. you want the economic benefits and you don't want to give anybody a say and-- >> what's wrong with that. >> we were talking about twitter, with the user base they're not finding a way to make money. stuart: snap chat. >> if you want growth and technology you want a piece of snapchat when it's public. two different classes of stocks, facebook has them and google has them and you've done all right if you own those companies. that should have no impact if you want to own this company. stuart: if i could rake in $20 billion and still control the company. >> makes you a smart person. stuart: some baby boomers when they reach age 70, a lot of them will reach age 70 this year, you have