emily: stacy smith there. with me now from new york, what is your biggest take away from the conversation? >> i like the intel story and how it is positioned. they could be improving pc trend or. i like the fact they downplay expectations. the data center, there are concerns. one of the things they maintained is this is a lumpy business. it is inconsistent, concentrated. the four top guys are doing a lot of the buying for the public markets. when you have that level of concentration with respect to the vendors, you will get lumpiness. you are going to get a full year distribution of revenue that is in the double-digit range. maybe it ends up being 12, 13% number. margins are high. let's look for 2016. the data center is improving. one quarter does not a trend make. if the u.s. is improving and you might say if pcs return to load the kleins or growth, we could see some terrific headway made because it is uniquely situated in the markets. emily: still ahead, pandora. elon musk reveals his plan expanding into rid

emily: where did it end?ony: it ended at literally -- we are going to do this, and tony, we want you to lead it. i had been in other, you know, executive presentations, where it was like, oh, it will take four months to decide, or whatever, -- it was, no. from the beginning of the meeting, he was fully engaged, to the end of it, ok, commit and we are going to do it. emily: we are going to take on sony? tony: i said we have to deal with sony. he's like, we're going to get sony. i'm like, but sony is number one in every audio category in the world for personal audio. how are we going to beat it? he is like, no, we're going to do it. emily: you have become known as the godfather of the ipod. which, in a way, makes you the father of the entire product line. the ipod, the iphone, the ipad, maybe the watch. [laughter] emily: but really, the ipod itself had such a dramatic impact on everything that apple has done since. tony: it was a big turning point, going from computers to consumer electronics, for the company.

i am emily chang.s investigating a massive hack attack on the democratic national committee, which some u.s. lawmakers and cyber security specialists have already linked to russia. chris finannd, -- the former white house director , of security policy and legislation and the current ceo of manifold technology joined us. where does the fbi begin? what are they going to be looking into? chris they will be looking for : more data to figure out who did this. attribution is difficult, but if they can get more forensic evidence and potentially other sources of intelligence, that will make for a stronger case. emily: from what you have seen, isn't it clear? chris >> it is consistent with : russia's overall m.o. and the evidence that crowd strike has provided is pretty compelling. emily: how hard is it to find out where they got into the system, how they got into the system, and what the motivations really are? chris: intent is difficult, but in terms of finding evidence of intrusion, typically you can find ev

emily: the u.s.s more than any country in the world on education. $1.3 trillion a year. and yet still, we are 25th in math, 17th in science, 14th in reading. what's wrong? sal: if you went 50 years ago and you said, give me a list of the 10 most innovative companies in the world, maybe 30% would've been american. if you were to do that list now, probably 80% would be american. what i like to think about is how can we bring that spirit of entrepreneurship, that spirit of failure not being stigmatized, how can we bring that to the schools? the transcript of the future doesn't just need to be your gpa and your test scores, it can be a portfolio of creative works, it can be your peer feedback. being a engineer is a creative endeavor. being a designer is a naturally creative endeavor. show us what you have done. emily: the u.s. is the only developed country with a high percentage of top performers and bottom performers. i mean, we live in the heart of innovation in the world, and the public schools in san

emily: let's start with you.you are one of the foremost experts on augmented reality in this country. you are close to people who work on this technology. you have an application that works with 3-d technology. >> it is phenomenal. for everyone who uses augmented reality applications, this is big, big, big. emily: we were walking by the -- in san francisco. everyone was staring at their phones. i am pretty sure they are all playing this game. >> it is interesting how social this game is. it has a number of features that are important. the popularization of augmented reality is a large part of this story. there is a sense in which this game is a real-world social network. if you look at the video just before this, they show flirting happening in the course of playing the game in the real world. that is brilliant, the way they have incorporated mapping data that seems to come from google and a lot of really interesting chasing and finding of cool things, and meeting people in the process. it's brilliant. emily: how

♪ emily: i am emily chang. this is the "best of bloomberg west."oming up this week, the end of yahoo! as we know it. we will hear from the ceo, marissa meyer. verizon beating out the other suitors for yahoo!. the verizon executive vice president and aol ceo both join us on the deal. plus, facebook blows past second-quarter earnings estimates thanks to a surge in mobile ads. first, to our lead story. it is the end of the road, and the start of a new chapter. verizon announcing it will buy yahoo!'s core business for $4.8 billion in cash. the deal concludes a seven-month process. , whenan in january investors called for a sale. bids from at&t and dan gilbert did not make the cut, and the deal also effectively ends the turnaround efforts of marissa meyer. her appointment in 2012 was celebrated by wall street and silicon valley. though she is staying on for now. we spoke with her right after the deal was announced and asked what verizon could do for yahoo! that yahoo! could not do as an independent company. take a listen. >> i think there is tremendous

we will explain. ♪ emily: this is "the best of bloomberg west." i am emily chang.for our weekly roundtable exploiting trends in tech investing and adventure capital. onare exploring the issues the cutting edge of health care disruption. i sat down with two people who have been investing for years. the chairman who sits on the board and robert middendorf, partner at norwest venture partners. >> you have the government basically fund $30 billion of an industry to digitize health care. then the affordable care act changed how doctors in health systems are paid. they are becoming more and more paid on an episode or warranty-like care model. is, we have seen the consumer adopt, as well as physicians and other providers, digital technologies. the ability to create a new laboratory for change. emily: you are an investor in 23 and me, digital and mobile help companies. what is your personal philosophy guiding your decisions? >> because it is my own money i can take risks. i can do things that i like. i don't have a list of criteria. overtime, i have become more interested

emily: why is that?ation -- kitchens are chaotic. it's hard to know what exactly you're putting in front of someone. emily: we talked about the rise of food allergies. shaun parker, for example, has invested heavily in research around allergies. where is this going? >> in terms of the whole market? people are becoming more and more aware of how food affects those with food allergies and food sensitivities. looking more at food as medicine and how it affects your body. people are demanding more information about what exactly is in their food. emily: nima is not currently approved by the fda. is that something you plan on seeking? >> we are not seeking it. we are basically validating our technology with third-party lab validation. thearing our methods to gold standard lab of what is proper for food testing. emily: you have the device here with you. how big of a market the you think this is -- do you think this is? >> there are 50 million people in the u.s. who need to know exactly what is in their food. th

emily: let me rephrase slightly.hat is it like being a first time ceo when your competitor is elon musk? [laughter] padmasree: it is fun. it is still fun. i have a lot of respect for elon -- i have said this before -- and tesla. sometimes we give credit to an individual, it is more all of the people at tesla, who then left tesla, from the early days and are still there, building amazing products. tesla is a company, they have changed three things profoundly. first, it was the first company to establish an electric mainstream vehicle. before that, most ev's were seen as toy cars. tesla, i give them credit for making a serious vehicle. and then they made it a software platform. and the third change was they made it a b to c company. emily: do you follow you elon? padmasree: i do not. i have a model s, and i think about all the different things so i have a different perspective on it. our vision is different from tesla's. it is not necessarily to build an electric car, it is to optimize the experiences about it. emily:

emily: i'm emily chang. this is "best of bloomberg west." we bring you all of our top interviews from the week. pokemon go was unleashed into the world. the mobile game sent nintendo stocks soaring, and it led to fans with injuries. we will explain what all the fuss is about. the biggest technology ipo of the year. the japanese company line debuts this week. amazon prime day's triumphant second coming. this online outlet is out with the biggest sale day ever for amazon. we discussed where they go from here. to our lead, augmented reality has come to the masses. headlines were dominated by pokemon go from nintendo. it caught fans by storm. bloomberg west took a look at what all the craze is about. >> users are playing in the delivery room, restroom, even on the freeway. all in the quest of catching them all -- pokemon, that is. nintendo got a $7 billion boost from the latest in augmented reality. it is the top app on the u.s. app store. it is beating out tinder, rivaling twitter user numbers on android, and beating instagram in time spent. pl

emily: this is "bloomberg west." i am emily chang. shares slumping thursday after release of a bold master plan from the company's c.e.o., elan musk. it is part two following a blog post in 2006 in which he laid out a daring plan to put tesla in the vanguard of an electric vehicle revolution. now a decade later, some investors are weary of his big ideas, which includes merging with similar city, expanding product to include buses and trucking, and a fully auto mullens car care service. we are joined by columnists. so he is planning a semi-truck, a pickup truck, a small s.u.v., a small mini bus? >> yes. emily: how realistic is all of this? >> i don't think realistic really plays into this plan. emily: but is this going to happen? are these vehicles going to get made? >> they may get made at some point by someone. whether tesla is the company that does them, i have no idea at this point. it doesn't really seem to be actually kind of the point of this plan. if you contrast it with the plan released 10 years ago, that one was a fairly sta

emily: this is "bloomberg west." i'm emily chang.for our weekly roundtable where we explore themes in tech investing. we hear a lot about moon shots but what do we know about them? often veiled in secrecy and development three years -- think flying cars and solar planes and the hyperloop. what does it take to fund them and which ones will breakthrough in our lifetime mark joining us is a futurist and nana biologist, partner on the next human genome project that aims to build a human genome in the lab. and we have ethan kurzweil who made early investments in companies including switch and para scope. thank you for joining us on such an exciting subject. i want to start with a broad question -- why invest in moon shots? guest: they can change the world and make the world better place. they can change people's behaviors and make people's lives better. they can solve the intractable problems of humanity. why wouldn't you want that? something i was thinking about on the way here -- we had a rough week in this country in terms of race rela

emily: i am emily chang, and this is "bloomberg west." investors are dumping netflix shares after reporting its lowest subscriber growth in years. can it recover? we will break it down. softbank throws down its biggest gauntlet yet, a bid for arm. what the deal means for semiconductors. chuck robbins speaks to us about brexit, m and a, and whether or not he is backing donald trump. netflix plunging after hours, down 15% on disappointing earnings. subscriber growth dropped with only 1.7 million new subscribers this quarter. reed hastings says it is due to price increases, not market saturation. >> with new members, we have not seen any effects. we changed our prices last october. we have had a couple quarters of great growth. this is around change resistance. whatever the price is for something, people do not like it to go up. but the new pricing is working great. emily: netflix is seeing sales and profit growth from fast-growing international markets. what are investors looking for? i want to bring in cory johnson and paul dergarabedian o

emily: i'm emily chang and this is "bloomberg west." coming up, verizon can see the finish line in the race for yahoo! details on the telecom giant's $5 billion pitch. pandora opens up. one million active listeners have tuned out. founder and ceo tim westergren explains why he is not worried. and it's not a michael bay movie without an epic explosion. now you can get to experience them in virtual reality. details on how the director is stepping up his v.r. game. first to our lead. verizon is on the verge of winning the battle for yahoo! verizon is nearing a deal to buy yahoo!'s core internet assets for $5 billion. at this stage, the deal does not include yahoo!'s patents. the deal may be announced in coming days, ending a month-long bidding process. i'm joined by our tech editor. sir alistair, when we would know for sure? alistair: so far what we know is that barring any last-minute disasters that verizon has won it, in a combination of more money but also strategic value. put a bit more cash on the block. emily: now, the information re

emily: i'm emily chang. this is "best of bloomberg west." we bring you all of our top interviews from the week. coming up, the tech earnings continue as intel is racing fresh headwinds and the key to its profit. my conversation with stacy smith. pandora is out with earnings after the internet radio company rejected a buyout offer from liberty media. we will catch up with the pandora ceo. after a year at the helm of cisco, chuck robbins speak to us about brexit and whether he is backing donald trump area first to our lead -- the parade of earnings we saw this week, first up intel facing fresh headwinds in servers. executives are facing multiple questions about how the company will get background course on a conference call with analysts. we caught up with the intel ceo stacy smith after the earnings report. just relative to the second quarter, we came in right in line on revenue and we did better in terms of profit from our expectations. revenue,dissect that the pc market was a little bit stronger and data center was in line and maybe a hair

. ♪ ♪ emily: i am emily chang, and this is "bloomberg west."ebook blows past second quarter earnings estimates thanks to a surge in mobile ads. i spoke to sheryl sandberg about how they keep it up. plus, t-mobile ends a winning streak in monthly subscribers but beats on the rest. cfo.uld hear from their and the explosion in health tech. facebook shares soaring after hours, up as much as 8% as facebook beat on sales, profit, monthly, and datily active users, getting a big lift from what mark zuckerberg has called "the golden age of online video." i spoke to sheryl sandberg about video driving engagement on the social network. the explosion of video on the platform is great for consumers and great for our business. if you think about all the new formats, and a lot of them are video, like life, but also -- live, but also recorded video and 360 pictures. these are contribute into our time spent metric. emily: the time spent on the platform is paying off. facebook now has more than 1.7 billion monthly users, and two thirds of them use facebook every

emily: i'm emily chang and this is "bloomberg west. is tesla facing an investigation by the sec question mark we will ask what is going on and who knew what the autopilot crash. pokemon go is sending nintendo stocks soaring. does it open a new chapter for japan's story gaming company? and facebook slapped with a lawsuit for a billion dollars in damage, new questions about how platforms should monitor can vacation. tesla shares under pressure after hours with the dow jones reporting the sec opened a probe into tesla after the company failed to disclose a crash apparently caused by the autopilot feature before elon musk and the company sold shares. a tesla spokesperson said tesla has not received any communication regarding this issue for our blog post provided relevant information about the issue. i want to turn to cory johnson -- there's a lot happening. ani was on vacation, so fill me in. three separate accidents? cory: three accidents in three states. the issue at heart is that tesla did not make a disclosure about the accident itsel

emily: will we see more of those? .> we are opportunistic emily: what areas are you targeting?iot is important. security, we have been active. the onesve looked at over the 15 months, they are all in the cloud, analytics, iot. those are key areas that will drive business. some people say security offerings are not good enough now, not easy enough to implement. is that an area you push on? >> if you go five years back, that is feedback we got. the team has done a job of building architecture and developing accusations -- acquisitions. iot, we willt operate in a distributed world where there is no parameter for enterprise. play a hugehas to role in security. that is an announcement we made last week. learning analytics capability, which is what you have to do from a security perspective. globalyou are a huge business. you have an office in turkey. what does instability mean for your business? >> i told our team, i.e. quade it it to riding a different roller coaster each week as you do not know where the twists and turns are. it is the changing political landscape, the economic sh

. ♪ emily: i'm emily chang and this is "bloomberg west."oming up amazon prime day -- a , couple of hiccups right back memories of last year's online reviews. did the e-commerce giant deliver on the much-height global sales bonanza? plus google underwater? linking organ to japan. it is not the only major cloud player looking to the seabed for faster service. we will dig deeper into the subsea cable industry. and the u.k. unplugged? britain's decision to checkout of the eu stokes fears of a major tech exodus? we will ask oracle ceo mark hurd for a prediction on the company's tech future. first to our lead. amazon prime day. new numbers on the lack of success on amazon prime day. sales were similar to last year. sales in u.k. are up 12%. shares of the everything stored dipped earlier in the day on reports of lackluster numbers. the second annual one-day sale event also experienced a challenging start. shoppers had issues with their shopping carts amazon fixed the , issue but not #primedayfail circulated on social media. i should preface this b

emily: i'm emily chang and this is "bloomberg west." paradeh earnings continues. we will break down earnings from intel and other heavy hitters. and all of branch extended any brutal rideshare is this in china. and spotify pumps up the jam. we will break down the news of an upcoming ipo with the bloomberg reporter who broke this story. intel reporting earnings that slightly beat analyst estimates. shares dipping in after-hours trading as much as 3%. the company reported revenue of 30 teen .5 ilion dollars. net profit of $1.3 billion, down 51%. the key number to watch is the data center business and the challenges intel is seeing there. we will be breaking down all the numbers, but first i want to hear from stacy smith, the intel cfo. stacy: relative to the second quarter, we came in right online. we did little better in terms of profit for our expectations. when you dissect the revenue, , data market was stronger center was in line and it was offset by memory and other things. wecific to the pc category, think there was less of an inventory burn, but we continue t

emily: so what is your hit rate?frustrations as a pinterest user is you'll see a lot of things, you can't figure out where to buy it. maybe it doesn't exist anymore or it's one of a kind, or out of stock. how often are you clicking on something and there is success? tim: the idea is to just make this better and better over time. i'd say right now it's decent, but it is something that is difficult to do. computer vision is hard, and getting that match rate and that experience to be great is a challenge. we think what we have to date is pretty good, and we think we're going to continue to train the models, we are going to get better and better. emily: the other thing you can do within the app is you can take a picture of something, i can take a picture of your shoes, and it would tell me where to buy them, right? tim: yes, i was with the kids in the park on sunday, and i saw a stroller, a double stroller. i am wondering, should it have parallel feet or serial feet, i do not know. and with this technology, i could take

emily: he talks about a lot of things.laughter] inlim: most investment britain comes from british funds. brexit will double or triple their investment into british tech. so i can see that being relatively positive. if hiring becomes more difficult -- one in three u.k. workers, from outside the country -- if data regulations become more confusing and more difficult, one extreme scenario that has been discussed is the idea that london's tech hub could migrate to berlin. could that happen? sanjay: there is a lot of inmate talent in the u.k. you look at our organization -- we hire folks born and bred in the u.k., some have migrated and some are not. we are staying in the u.k., but we also operate in germany and amsterdam. that will not change. one of the things you alluded to is the tech talent that you acquire from other areas of the eu. my feeling is there will be a lot of tech talent in the u.k., regardless of where it comes from. you take of the comparison from the brexit sentiment to donald trump? a lot of people did not

. ♪ emily: i'm emily chang and this is "bloomberg west."istoric, and tech deal marks the end of yahoo! as we know it, and a cyber scandal on the eve of the democrats' big week. and we will focus on the men leaving apple's worst kept secret project. first to our lead -- yahoo! buying-- price and yahoo! four $4 billion. this concludes a seven-month project that began in january. the deal also effectively ends the turnaround efforts of yahoo! ceo marissa mayer, whose appointment in 2012 was celebrated by wall street and silicon valley, or she is staying on for now. i spoke with her today and asked what horizon could do for yahoo! that yahoo! could not do as and then the company. take a listen. >> i think there is tremendous scale from the different assets they have been investing in. and we have reinvented our products. we have tried to make yahoo! mail perfect for the phone, very proud of where yahoo! mail, that client is today. the same thing is true for news, weather, sports, finance. we have our cornerstone applications that when the user'

. ♪ emily: i'm emily chang and this is "bloomberg west."lphabet shares getting an after-hours bump. we will break down the numbers are eight amazon seeing double-digit revenue gains after record sales of fire tv. a 59% surgedline, in revenue from its cloud business. another day, another -- another multibillion-dollar tech takeover. lead tradeur alphabet shares gaining after-hours as googles. company proves its dominance in mobile advertising. sales, excluding some payments to partners, rose 22% to more than $17.5 billion. one of the benefits of the alphabet reporting structure is that investors have a better moon shots are doing, things like this all driving car, science research. the so called other bits $859 for the--$859 million quarter. the numberso put into perspective, forrester research vice president frank gillett and crawford del pratt. there have been questions over the last several years about google's transition and ability to transition to mobile. as the company effectively put those questions to rest? >> they have done a reall

emily: i'm emily chang and this is "bloomberg west." to be a hitiphone and apple is enjoying a pop, but china sales continue to slump. how does it impact tim cook's strategies? plunging after hours. we will break down the numbers. and a chinese company is known as the apple am a tesla, netflix of china and is now buying a u.s. company for $2 billion. we will hear from executives later this hour. apple shares gaining after-hours with a sales slowdown that was not quite as bad as expected. back-to-backfirst quarterly sales declined since 2002 but actual iphone unit sales beat estimates coming in at 44.4 million. i spoke to the apple cfo who to a mix oft companies developed in emerging markets, something tim cook just reiterated on the earnings call. analysts our initial -- analysis says it is popular and sales going to customers new to iphone is greater than we have seen in the first week of availability for other iphones launched in the last several years. emily: all of this building up to next quarter's report which part ofke up a small

emily: i'm emily chang and this is "bloomberg west." microsoft on cloud nine after exceeding analysts estimates. the field narrows in the race for yahoo!. newshe longtime ceo of fox , roger ailes, who built the news in to the most-watched is now in a negotiation to leave his job. microsoft flying high on the cloud with shares hopping in after-hours trading. the company reporting fourth-quarter profits and sales that topped analyst estimates. revenue of 2% from the same quarter last year. the ceos aggressive push into software and services is going -- bullying revenue. here with us to dig into the numbers are cory johnson and joining us from washington, frank gillett, research analyst. let's start with the cloud. what is doing these numbers? cory: the business is growing at a superfast pace, even faster and amazon us web services this comes at the same time it the same time the pc business is tanking. thought microsoft would continue to plummet along with them. but if you look at the intelligent cloud -- emily: it's a smart cloud. cory:

emily: this is "bloomberg west. emily: this is "bloomberg west. coming up, amazon and facebook neck and neck with berkshire hathaway. to dominate the world's most valuable companies. we'll bring you all the latest numbers. one more tech i.p.o. for the books. we sit down with a data tech company after shares topped at 45% out of the gate. and will russian hackers help donald trump get hold of hillary clinton's missing emails and in on what the republican nominee's comments mean for cyber espionage. and amazon and facebook moving into the top five companies with the largest market cap. exxon mobil was at the top. five at the close of trading and bumped apple, amazon and facebook reported strong quarterly earnings. we have chief analyst with us and our stock market reporter. oliver, i know you have been following these companies. consider closely this week. when it comes to the stocks, which moves were the most interesting when it comes to the top four tech companies? >> it's tech. right, why i'm here, because we're talking tech, and that was an inte

emily's law was passed in 2009. chris then started the emily jerry foundation. which states satisfy their pharmaceutical technicians. >> i've always believed this. one life lost to preventable medical error is too many. and because preventable medical errors are just that, they're preventable, means logically, they should have never have happened. >> we don't want to create fear. we don't want to create hysteria. we want people to recognize that it's a great profession, with doctors trying to do the right thing, but it's a messy system. and unless you take charge of your own care, it could be a very scary proposition. >>> hospitals are among the most trusted institutions in our country, but health care is as much art as it is science. and mistakes, as you have just seen, do happen. but there is good news. the health care industry has recognized that medical errors are a problem and it's trying to find ways to reduce them, as much as humanly possible. that's our thank you is what we say. but we mean so much more. we mean how can we help? we mean what can we do? w

i'm emily chang. a big win for privacy advocates -- microsoft will not be forced to turn over e-mails from ireland for a drug investigation. that could affect they do security throughout the u.s. tech industry. it overturns a decision ordering microsoft to hand over messages of a suspected drug trafficker. i spoke with the president and chief legal counsel of microsoft, brad smith. take a listen. brad: today's decision sends a message that when the u.s. government wants to obtain e-mails that belong to people of live in other countries other nationalities, it needs to work with other governments and respect international law. it is very important for the we haveh sector because long recognized people will only use technology that they trust. they can trust u.s. technology today in a way they did not quite trust it yesterday, and now we can focus on crafting the right laws for the future. arey: the doj says they considering options. do you think this is something that will be decided in the supreme cou

emily: i'm emily chang and this is "bloomberg west." amazon prime day -- a couple of hiccups right back memories of last year's online reviews. can they deliver on their global sales bonanza? plus google underwater? it's not the only player looking to the seabed for faster service. we will dig deeper into the subsea cable industry. and the u.k. unplugged? written's decision to checkout of the eu stokes fears of a major tech exodus? we will ask oracle ceo mark hurd for a fiction. first to our lead -- amazon prime lead. new numbers on the lack of success on amazon prime day. sales were similar to last year. sales in u.k. are up 12%. shares of the everything stored shares of the everything stored dipped earlier in the day on reports of lackluster numbers. the second annual one-day sale event experience a challenging start. but notixed the issue before prime day fail circulated on social media. i should preface this by saying even though amazon prime day did not get great reviews last year, they say they still sold more than black write a t

emily: mr.hairman, speaking of the polls, and the presidential election year it is different in an off cycle year. we are seeing hillary clinton the in these polls. studies show voters tend not to split tickets. she will have that drag effect on her to bring a democratic voters who elected democratic candidates. how worried are you about this, about not splitting the ticket? rep. walden: those are the kind of things we've been looking at for some time. when you 2016 would be a different turnout battle. it is a presidential turnout. let's go into the data set again. if you look at some of the recent national polling, it's always in the margin of error. some shows donald trump tied or a pointer to ahead, some show hillary clinton up. there is no readily going on. and we get down into these individual districts where our battles are fought, we see donald trump beating hillary clinton. donald trump's numbers better than hillary clinton's. voters in these districts juan you for a republican when aske

emily: how does the technology actually work? guest: it is really cool. it uses your location and the camera and tries to put characters in the world and you have to find them and collect them. emily: do you have any concerns about hd issues that you are doing this or the legal issues if you wander onto private heart

emily: what are the key sticking points?im: we feel confident based on the progress of the last few months. time,tely what is taking we didn't want a cookie-cutter deal that came before us. to offer a more considered product that requires additional features. that takes time to evangelize and explain, but i think labels are beginning to understand the potential opportunity. emily: there is an ongoing review for publishing services. tim: the big pieces on the service side. think we are increasingly confident we can sign deals that preserve the long-term economics. that is very clear it -- that is very critical for us. emily: this report from the wall street journal that you got an offer from liberty media, what really happened? tim: i can't speculate. my job is to look after long-term shareholder value. a very strong business, growing healthily. i wish i could show you the product we are going to launch, but it is going to be something else. we are bringing so much to that product that it is really going to reinvent the space

emily: mr. chairman, speaking of the polls, and the presidential election year it is different in an off cycle year. we are seeing hillary clinton the in these polls. studies show voters tend not to split tickets. she will have that drag effect on her to bring a democratic voters who elected democratic candidates. how worried are you about this, about not splitting the ticket? rep. walden: those are the kind of things we've been looking at for some time. when you 2016 would be a different turnout battle. it is a presidential turnout. let's go into the data set again. if you look at some of the recent national polling, it's always in the margin of error. some shows donald trump tied or a pointer to ahead, some show hillary clinton up. there is no readily going on. and we get down into these individual districts where our battles are fought, we see donald trump beating hillary clinton. donald trump's numbers better than hillary clinton's. voters in these districts juan tabo for a republican when y

emily: unity and a change in town. ted cruz says he did not like how donald trump talked about him in the primary. greta: we will have to leave it there. emily gooden with clear ,olitics, nathan gonzales appreciate you being on newsmakers. thank you. nathan: thank you. emily: thank you. >> we are live now in philadelphia were supporters of bernie sanders just started a news conference. this is norman solomon, the person speaking right now. we expect they will talk about the convention and the role of superdelegates which has become a big topic in this election cycle. live coverage here on c-span. mr. solomon: we reflect anger. we reflect a progressive commitment to continuing as bernie said the night of the california primary. continuing with the understanding the struggle continues. as he said that night in struggle, thatt campaign for a political revolution that is meaningful and based on economic progressive populism and social justice, it should and must continue through this convention. something that not only ber

emily: thank you, oliver, and thanks, brad, for joining us.this verdict all your concerns about u.s. overreach abroad, or is this a fight that you and other technology companies are going to continue to have? i think today's decision is very important. it sends a message that when the u.s. government wants to obtain e-mails that belonged to people who live in other countries, in other nationalities, it needs to work with other governments. it needs to respect international law. it is very important for the u.s. tech sector because we have long recognized that people will only use technology that they trust. they can trust u.s. technology today in a way that they didn't like trusted yesterday. now we can focus on crafting the right laws for the future. emily: now, the doj has said they are considering their options. they can appeal this. is this something you think will be decided in the supreme court? brad: well my will have to see. i think fundamentally the question is this -- do we want to spend the next two years arguing about a lot when gu

emily: many of those are tech copampanies.apple is going to be one of the top once we are following. analysts are not too optimistic about this quarter. apple has guided to substantially lower revenue from the third quarter a year ago. analysts believe that could be due to the popularity of the iphone se, the cheaper iphone has been doing quite well and it has gotten good reviews. that may have brought the average price of the iphone down. they are optimistic about next 7.r and post iphone seven -- thank you very much. that's emily chang, anchor of "bloomberg west." airlinep, southwest stocks tumbled this week after canceling more than 1000 flights due to a system outage. we are covering the ins and outs of the industry here. this is bloomberg. ♪ david: i'm david gura. vonnie: i'm vonnie quinn. welcome to "bloomberg markets." ♪ vonnie: we are alive from bloomberg world headquarters in new york, covering stories out of san francisco and washington. forunich a manhunt underway at least two shooters who opened fire at a shopping

her performance. >> i cannot ren not playing piano. >> reporter: emily plays the way others don't.st seven fingers, four on one hand three on the other. >> it is not difficult, just different. >> reporter: emily was born with cleft hand, a condition that leaves a person with less than ten fingers, throughout her life, emily has had to find ways to adapt. >> couple things that are harder, handwriting is pretty bad. >> here two fingers are joined into a stronger fourth finger. >> reporter: her doctors say emily has had several surgeries so her hand could function. >> her thumb was too close to her index fingers, almost a web between it and she had two separate to separate furtherer from her index finger so she could grab like a piano. >> reporter: emily plays a trombone and is a straight a student. she speaks to other young people with hand differences about overcoming challenges. her mess aiming to them. >> that it all works out, liken if stuff happens that is hard, eventually it will work out. >> reporter: wow, how about that. it really did work out for her. get this emily has been

we will have the latest on emily chang in san francisco. joining me now from intel headquarters. stacy, thank you so much for joining us. i would like to start with the pc market. but there are reports out there that the decline in the pc market is slowing. what is your read, based on the results, how is the pc market actually doing? relative to the second quarter, with we came right in line on revenue, and get a little better in profit from our expectations. when you dissect that revenue, the pc market was a little stronger, data center right in line, maybe a hair better, and that was offset a little bit by theness and memory and internet of things. specific to the pc category, we did see less of an inventory turn, we will continue to because us as we go into the back half of the year. we are expecting a high single-digit decline in the pc market. we hope we are, but that is our expectation. emily: where do you see the bright spots? improvement in the u.s., or a broad? ?- abroad the bigger issue is in the cloud and data center. we have som