joining us to discuss, ellen huet. where does that leave juul? n: juul is under a ton of pressure right now. the new york state attorney general and california attorney general, back in may, a similar suit from the attorney general of north carolina. probes and inquiries from the ftc. the cdc. it seems like every agency you can think of that might have some connection to juul is taking action to show, we are not just going to sit idly by while we see this epidemic, as the fda has called it, of youth vaping. taylor: what is the biggest concern here, the fact that they were marketing to teenagers or the nicotine content? ellen: this idea that some teens or children may not know that there is nicotine in juul products, but that is a concern i have heard people discuss and that is something coming up in relation to some of the advertising that juul has done. more recently, there are also these marketing tactics around both using advertising that has sort of a youthful look, colorful color schemes, a young model. in one of these, the california one, ju

ellen huet joins us with more.hat do we know about these layoffs and where it fits into their broader strategy of slimming down, if you will? effort that has been going on in bits and pieces but it sounds like based on this new memo that the executive chairman sent this morning, it is going to start "in earnest in the u.s. this week." they had already been starting to have some layoffs overseas and there have been some cuts in side businesses like meetup and other side businesses they owned, but it seems like maybe this week is going to be the big time. they had originally scheduled an all hands meeting for tuesday and another part of the memo says the meeting will be moved to friday. in order to, i think, give time for all of the job cuts to percolate through the company this week. on friday, we expect an update on the five-year plan of the company. taylor: do we have any update of what that that five-year plan will look like? ellen: if it is anything like what is talked about in the memos, it will be similar to t

taylor: bloomberg's ellen huet, thank you for joining us.omm's ceo says it is important for the u.s. and china to work together to make 5g an international standard. this is bloomberg. ♪ whether you're out here on lte. or here on a wifi hotspot. xfinity mobile has more coverage to keep you connected to what matters most. that's because it's the only wireless network that automatically connects you to millions of secure wifi hotspots and the best lte everywhere else. and now get $250 off when you buy a new samsung phone during xfinity mobile beyond black friday. plus, you can save up to $400 a year. click, call or visit a store today. taylor: welcome back to "bloomberg technology." i'm taylor riggs in san francisco. let's get a look at today's top tech calls. disney up to 100 $75 a share. the analyst cited faster than for disneygn ups plus streaming. an internal survey suggest high awareness of disney plus and that a high percentage of users will stay on the service after a one week free trial. shares of at&t fail after being downgraded with

ellen huet joins us with more. at do we know about these layoffs and their broader strategy of slimming down, if you will? ellen: it seems, based on this new memo that the executive chairman sent this morning, it --going to start "in ernest going to start " in earnest in the u.s. this week." it seems like maybe this week is going to be the big time. they had originally scheduled an all hands meeting for tuesday and another part of the memo says the meeting will be moved to friday. on friday, we expect a five-year plan of the company. taylor: do we have any indication of what that five-year plan will look like? ellen: if it is anything like what is talked about in the memos, it will be similar to that path that is trying to focus on getting back to the core profitability. that goal, easier said than done for a business that, even if they managed to make the right cuts, they will be suffering from employee morale. this was a hard few months for employees who felt in june or july were on the brink for a successful ipo

amanda: great to have your thoughts on this, ellen huet.oming up, wealthy house hunters are not looking to new york, london, or even vancouver. why the big apple could be losing its luster. this is bloomberg. ♪ vonnie: luxury home buyers are finding it harder to say sold in some major cities. house hunters in london, new york, and vancouver are finding those cities to be hostile. for more on the trend, let's welcome craig giammona. why is this happening in all of these major cities? >> it feels like a product of all of the economic uncertainty. london, brexit in mansion taxes, and it's becoming harder to move the money out of some of these markets. in russia, it's more difficult to move the money out, boosting the price in moscow. the chinese are trying to keep the money in their country. you have the problems in hong kong. vancouver, new york, and london are down because it is more difficult to buy homes. all these governments have taken steps to go after these foreign wealthy buyers to generate more tax revenue. amanda: also to avoid dist

here is bloomberg reporter ellen huet in san francisco. n: basically, wework designed the phone booths and gets manufacturers to make the phone booth. and one of their manufacturers, or maybe the only one in the u.s. and canada, was a company called premiere xd. it is a company that makes commercial fixtures for starbucks and other companies. they were making these phone booths. this was not publicly known, but something we talked about with former employees, that kind of thing. they were making these phone booths, and everything seemed fine until early summer, when one of wework's biggest companies, which used wework to redesign one of its headquarters. some of the employees noticed the phone booths smell funny. "there is a weird smell when i am in them." "maybe i have some eye irritation." they alerted their managers. the company did a test and found these elevated levels of formaldehyde. keep in mind, this is early summer. they did not announce until mid-october. there are several months where ubs had told wework of the issue, wework act

hewitt, thanklen you for jack -- ala -- ellen huet, thank you for joining us.e will talk to the apple cofounder steve wozniak, next, among the first people to flag the issue. this is bloomberg. ♪ oomberg. ♪ kurt: there is plenty of anxiety on social media, especially for people who feel the pressure of competing with other users. instagram is now looking to reduce that feeling on the photo sharing platform and the facebook-owned companies has the key is to remove the like counts on posts. they are doing it in countries like canada, japan, and brazil. we spoke to the head of instagram, adam mosseri. >> we are hoping to depressurized instagram a little bit. we are really focused on young people, well-being. likeink if we can make counts private, it may allow people to focus for little bit on what they care about. >> the idea being, if i can't see how many likes your photo gets, that might decrease my pressure around sharing myself? be able to see how many likes your own photo gets. the idea is to reduce anxiety and social comparison, specifically with an eye towa

bloomberg's ellen huet, thank you for joining us.till ahead, goldman sachs is the target of a wall street probe into its credit algorithm. we will talk to the apple cofounder, steve wozniak. he was among the first people to flag the issue. this is bloomberg. ♪ kurt: there is plenty of anxiety on social media, especially for people who feel the pressure of competing with other users. instagram is now looking to reduce that feeling on the photo sharing platform, and the facebook-owned company thinks the key is to remove the like counts on posts. it is already doing in countries like canada, japan, and brazil. we spoke to the head of instagram, adam mosseri. instagram a little bit. we are really focused on young counts private, it may allow people to focus for a little bit more on what they care about. we have been testing this in a number of countries around the world. >> the idea being, if i can't see how many likes your photo gets, that might decrease my pressure around sharing myself? adam: you will be able to see how many likes you

let's get the details from ellen huet in san francisco. wework would want john leger, would john leger really want to go there when he is working on the 18 month merger between t-mobile and sprint? ellen: that merger may be the key as to why he is considered for this job. reading the tea leaves a little, but he has strong ties to softbank as the current wework executive chairman. we know softbank is the controlling holder of wework. they may be looking to people that i have strong connections with to figure out who could be a ceo for wework going forward which is undoubtedly going to be a very challenging job that anyone who takes on will feel a lot of pressure to turn this company around and set a new chapter for a company that has been through absolutely the ringer the last few months. haidi: there has been a bad blood between these two gentlemen. 2016.ring on twitter in marcello actually called him a con artist on twitter. how do we expect he will fit in at wework? ellen: that is a big question for a lot of people. they're looking at the