♪ emily: i am emily chang in san francisco, and this is "bloomberg technology."oming up, the house gamestop hearing has a date. melvin capital, sagittal securities expected to testify. we will talk about meme stock and short-sellers with someone who has an opinion, spencer babcock, whose own company zillow was shorted back in the day. plus, making politics less polarizing. facebook is testing reduced political content in newsfeeds. we will have all the details, plus what it has in store for the wildly popular travel. -- popular app. plus, the company's vendor sales as well as its decision to permanently ban president trump. it is a miss on the revenue front. supplies are down but they are seeing big growth in food delivery. i will talk about it with uber ceo tomorrow at 9:00 a.m. eastern time, bloomberg tv and radio. i want to get straight to ed ludlow. walk us through the numbers. ed: the story of uber is the big boom they have seen in food delivery, particularly the second half of 2020, just wasn't enough to outweigh the decline they have seen in the mobility b

emily: i am emily chang in san francisco. this is "bloomberg: technology." my exclusive interview with microsoft ceo satya nadella. how my -- the pandemic has changed what it means to go to work. he will introduce the product he says is microsoft's next big thing. plus, richard branson's virgin group planning to go public. and ceos in spain, the founder of shift for payments, has paid an undisclosed amount to participate in a spacex mission. first, u.s. stocks hitting a record as a slew of companies report earnings. >> you did see a risk on day but all the action seems to be after the closing bell. a lot of earnings hitting the wire. let's stop -- start off with snapchat. you are seeing a little bit of a pullback. revenue and daily users feeding estimates. company saying the revenue will accelerate this year. even with that, they are expecting unpredictability in 2021. peloton in that same vein. also eating estimates but saying it cannot keep up with surging demand. they warned of a profits flee. investors not liking that. activision had a different story. y

emily: i'm emily chang in san francisco and this is "bloomberg technology." coming up, we have a pack show of some of the biggest leaders in technology. from my conversations with the uber ceo, and lyft president and cofounder, to the social media future with kevin mayer. of course it was a giant day for bumble. the stock soaring in its opening day, making the ceo a billionaire. >> it has really been a profound ride and i am seriously feeling grateful and humbled and really it is a surreal day. emily: more of my conversation with these executives coming up. plus, robots and gaming. i will speak to the boston dynamics ceo robert playter and zynga ceo frank gibeau. walk us through the day. a big day for bumble. >> let's kick off with earnings. disney earnings coming in hot. you saw them beat their estimates on the earnings front also their subscriber count coming in at 95 million. the estimate was shy of 91 million. so you see shares gaining in the post market. let's take a look at what happened during the market session. he saw stocks slowing gains a little bi

this is bloomberg. ♪ emily: welcome back to "bloomberg technology." i'm emily chang.driving upstart aurora has reached a long-term strategic partnership with toyota to mass-produce driverless cars and launch them on ride-hailing -- ride-hailing platforms including uber. it's valued at $10 billion. the aurora ceo is joining us, great to have you back here on the show. tell us about this new partnership and how it will work. chris: it's wonderful. toyota is the world's leading auto manufacturer. will ultimately deliver it to ride-hailing customers and we are extremely excited about the partnership and aligned with their vision of mobility for everyone. emily: the toyota sienna minivan was chosen as the first toyota vehicle to have the aurora driver. why a minivan? is the first use case shuttle service, or something else? chris: it seems like an excellent platform for that, it's comfortable, spacious, it can help people get where they are going. we think it is the right platform and we are excited to get going with it. emily: do you see a shuttle service or more of a rid

♪ emily: i am emily chang in san francisco and this is "bloomberg technology."ech shows lead a rout in u.s. stocks as investors move away from pandemic winners. gamestop surging more than 100% on retail investor action, volatility and volume the words of the day. we have the latest. plus, arc investments cathie woods says bitcoin has potential, we talked to damien vander wilt about what he thinks in an exclusive interview. in twitter's net siegel on analysts day -- ned segal on earnings. let's start with u.s. markets, the nasdaq dragged down by a selloff in stock. meanwhile, a flurry of stocks out at the bell, including salesforce, airbnb and doordash. kriti: a lot of tech pain, historical parallels here. yields boosting and spooking equity investors. we will look at the nasdaq 100 specifically. look at the futures over three days, sticking to that range pretty closely. interesting levels to be watching. let's look at the board again and another major equities story, gamestop surging a second straight session. look at that as two days, 141% is how much the share

emily: i am emily chang in san francisco, and this is "bloomberg technology." coming up in the next hour, tesla seeking elon musk invest in bitcoin, and they will begin to accept the cryptocurrency as payment. all the details and reaction. plus, investment in technology. talking about the future of a department store in the digital world and a partnership with amazon. and can democracy and surveillance technology coexist? a guess joins us to talk about the coup she thinks we are not talking about enough, and is our own government to blame? all of those stories in a moment, but first, stocks posting the longest rally since august in hopes of a robust stimulus package. let's get to ed ludlow with the latest. ed, walk us through this monday. ed: there is also optimism around the rolet of the vaccine, particularly here in the united states, that janet yellen, the treasury secretary, really lit a fire under the stimulus package. sending stocks to fresh records, the s&p 500 up 7/10 of 1%, the nasdaq 100 up, hitting a fresh record, the same with the nyse, up almost 1%

♪ emily: i am emily chang in san francisco. this is "bloomberg: technology."oming up, my exclusive interview with microsoft ceo satya nadella. how the pandemic has changed what it means to go to work. and inspired the company to develop a new employee engagement product. he will introduce us to viva which he says is microsoft's next big thing. plus, richard branson's virgin group saying it will help 23 and me go public. we will hear from branson himself. and ceos in space, the founder of shift4payments has paid an undisclosed amount to participate in a spacex mission. although stories in a moment. first, u.s. stocks hitting a record as small companies -- caps hit a record. we also saw a slew of companies report earnings. >> you did see a risk on day but really all the action seems to be after the closing bell. saw a lot of earnings hit the wire. i do want to run through them. let's start off with snapchat. you are seeing a little bit of a pullback revenue and daily users in those shares. revenue and daily usersfeeding estimates. company saying the revenue will

♪ emily: i'm emily chang in san francisco, and this is " bloomberg technology."oming up a key milestone -- u.s. regulators say johnson & johnson's covid vaccine is safe and effective. it would be the first a single dose in the united states. plus, former yankee a-rod will talk about his latest back. and jovi aviation gets a lift from reid hoffman. it is a spectacular wednesday. all those stories in a moment, but first, u.s. equities staging a rally as fed chair jerome powell again indicating the economy needs support. more on that as well as chips and gamestop. ed ludlow has been following all the latest. let's talk about chips first and his executive order from president biden. what can you tell us? >> president biden has directed officials to look at global semiconductor shorts. he warned it will not be a quick fix. a lot of manufacturing is done overseas, not domestically, and building factories to make those semiconductors could take years and billions of dollars. he spoke to the press earlier today and said what is happening with this global chip shortage is

emily: this is bloomberg technology. coming up in the next hour, we will talk to microsoft cofounder bill gates about his new book, how to avoid climate disaster. how tech can help solve the biggest problem the world has ever faced. and bitcoin mania. plus, tuesday marks the house hearing. expected to testify on capitol hill. we will have the latest. a bumpy monday for bitcoin. cryptocurrency falls below $50,000 for the first time after elon musk is that prices seem high -- says that prices seem high. walk us through the day. >> it looks like a risk off session. look under the hood and you will see those tech major averages. looking at the chart in front of you or the index in front of you, the nasdaq is taking it on the chin by the most in three weeks. all of those grouped together. flip up the board and i want to take a look at the semiconductor index. you will really see that you have started to pair back some of the gains that you saw it earlier this month. the biden administration helping out, getting a little bit o

emily: i am emily chang in san francisco. this is "bloomberg technology." coming up, news that jeff bezos is stepping down as ceo of amazon reverberates through the tech industry. why now, and what will his successor andy jassy's experience mean for competitors? we have insight. plus, scott rawson, amazon's former delivery guru striking out on his own. we will talk about how technology is transforming shipping and what it means for amazon itself. tech earnings continue for some highlights from my conversation with the outgoing and incoming ceos of qualcomm, as the chip industry is going through massive transformation. all those stories in moment but , first, the s&p 500 pared gains at the close. it was a mixed bag for tech companies. ed ludlow has the latest. walk us through the day. ed: third straight day of gains broadly through u.s. equities. all of the volatility around stocks like gamestop holding off a little on wednesday. s&p 500 up marginally but that , follows the biggest two day decline in three months. technology one of the underperformers, if yo

emily: i'm emily chang in sin francisco. coming up, tech earnings continue. lyft meantime dropping 44% in revenue. while cisco tops expectations, the company failing to make sales inroads in other areas. shares declining after the bell. some of the biggest names on wall street and silicon valley, names like j.p. morgan chase, coastal ventures, are pumping billions of dollars into mom-and-pop shops, selling everything from tea kettles to remedies on amazon. we will talk to someone snatching the up and comers in hopes of creating new global brands. self-driving upstart aurora does a big deal with toyota in addition to uber. we hear from the ceo about when driverless cars will become a mainstream reality. all those stories in a moment. first, investors debating whether commitments from the fed and biden administration will let the economy run hot and spark destabilizing inflation. walk us through the day. >> let's kick it off with earnings. kicking off with twitter in particular. use our revenue beat estimates. -- you saw revenue beat estimates. shares appreciat

emily: i am emily chang in san francisco, and this is "bloomberg technology." coming up in the next hour, driving the narrative. tesla ceo elon musk invests $1.5 billion in bitcoin, and they will begin to accept the cryptocurrency as payment. all the details and reaction. plus, investment in technology. we will catch up with the ceo of kohl's to talk about the future of department stores in a digital world and their partnership with amazon. and can democracy and surveillance capitalism coexist? the harvard professor joins us to talk about the coup she thinks we are not talking about enough, and is our own government to blame? all those stories in a moment, but first, u.s. stocks posting the longest rally since august in hopes of a robust stimulus package seemed poised to materialize. let's get to ed ludlow with the latest. ed, walk us through this monday. ed: that rally, extending to six straight days. stimulus front and center for investors, but there is also optimism around the rolet of the vaccine, particularly here in the united states, but janet yellen, th

emily: i'm emily chang in san francisco and this is "bloomberg technology." coming up in the next hour, reddit traders at it again. this time, a call to start a #biowar on biotech companies looking to cure disease. this as gamestop falls back down again. plus, elon musk makes his debut on the hot social audio app clubhouse. he talked about everything from mars to wiring monkeys brains. he even surprised listeners by interviewing the robinhood ceo himself. paul davison joins us this hour. a stock story come up 100%. how the company is helping to keep workforces secure and why they are now telling employees they can work from home forever. todd mckinnon will be my guest. stocks had their biggest rally in about 10 weeks as several strategists said the explosion in speculative buying will not derail the equities. let's get to ed ludlow with the latest. walk us through the day. ed: a positive day. jp morgan leading those voices, saying they are not seeing any of the excessive leverage, momentum that would give them cause for concern based on their models. the big

emily: i'm emily chang in san francisco and this is "bloomberg technology." coming up in the next hour, reddit traders at it again. this time, rallying a call to start a #biowar on biotech companies looking to cure disease. one, working on a cobit drug, soaring as much as 36%. this as gamestop falls back down again. -- covid drug, soaring as much as 36%. plus, elon musk makes his debut on the hot social audio app clubhouse. he talked about everything from mars to wiring monkeys brains. he even surprised listeners by interviewing the robinhood ceo himself. clubhouse cofounder and ceo paul davison joins us this hour. and talk about a stock story, okta shares up 100%. how the company is helping to keep workforces secure and why they are now telling employees they can work from home forever. the ceo todd mckinnon will be my guest. all those stories in a moment, but first, stocks had their biggest rally in about 10 weeks as several strategists said the recent explosion in speculative buying will not derail the bull market in equities. let's get the bloomberg's ed

♪ emily: this is "bloomberg technology."n the next hour, game stop, worst week ever, still up since the start of the rally but this week leaving an $18 billion hole. biotech emerges as the new favorite of the retail investor crowd. what next? we will look at what the memes are telling us. bill gurley is here. gamestop mania, robinhood and getting it wrong. he was one of the first analysts covering amazon back in the day and we asked him about bezos stepping down. space, the next frontier, privatization, exploration, regulation, we cover it all with the former head of nasa, jim bridenstine. market stocks extend weekly rally, after a weaker than forecast u.s. job data bolster the case for president biden's 1.9 trillion dollar covid relief package. for the full picture let's bring in kriti gupta. >> stocks ending the day for the fifth straight session, the biggest rally since back in september. look at the board, the s&p 500 in the green, nasdaq outperforming. what is not outperforming, the philadelphia semiconductor index abou

♪ emily: i am emily chang in san francisco and this is "bloomberg technology."oming up in the next hour, we will talk to microsoft cofounder bill gates about his new book, "how to avoid climate disaster. how tech can help solve the biggest problem the world has ever faced." plus, his thoughts on the bitcoin mania. and the grim toll that covid has taken around the world and at home. expected to testify on capitol hill. top execs from solarwinds, fireeye, and microsoft. we will have the latest. and a bumpy monday for bitcoin. the cryptocurrency falls below $50,000 for the first time after elon musk says that prices seem high. those stories in a moment, but first, the tech sector dragging the nasdaq through a three week low. walk us through the day. >> it looks like a risk off session. look under the hood and you will see those tech major averages. microsoft, apple, tesla. looking at the chart in front of you, the index in front of you, the nasdaq 100 is taking it on the chin by the most in three weeks. all of those grouped together. flip up the board and i want to

emily: i'm emily chang in san francisco, and this is bloomberg technology. i will talk to the ceos of door dash, airbnb, and salesforce about where their leanings -- latest earnings are expected. and where growth is expected, plus bitcoinceo jason robbins hf the first to take his company public via spac last year. shares more than tripling in 2020. he said one he suggested -- >> we got a bit of a reprieve, a bit of green. the s&p 500, the main gauge of u.s. equities down by 0.5%. you can see their technology stocks did rebound. a very tech heavy gauge up by 0.6%. the nyse plus index had surrendered some of its gains. a continuing theme we are monitoring all the time is the outperformance of semi conductor stocks. up by 2.2%. the backdrop being this global shortage of semi conductors. in terms of specific names driving the tech rebound, apple higher by 0.2%. microsoft, 1.2%. amazon, 1.2%. facebook 1.2% as well. these names have been a concern for investors in recent days because of their high and lofty valuations. there has been a question about big cap tech

emily: ok, but can you share -- ned: go ahead. emily: right.hare any color about how the service changes given that he is not on there? he was certainly driving a lot of interest and traffic, whether you liked it or not. ned: well, coming at this from a very u.s.-centric perspective, but 80% of the people using it from the non-u.s. perspective, you get a different angle on the service. whether it is cricket in india or something entertainment-wise in europe, we had double-digit growth in all of our top 10 markets. it is not just about the u.s. a public official in the united states is certainly something that brings people the twitter, but there are lots of other public officials in the united states, and the composition in -- conversation in washington hasn't changed in terms the topics on people's minds and people coming to twitter to learn around those topics. whether somebody is a public official or one of us, we want to enforce our policies consistently so everybody who comes to twitter can trust people they see and feel safe being part of

emily: not mincing words there, dan.o you think that bitcoin investment was potentially tesla getting ahead of itself? dan: i think it was a smart, strategic move. this is going to have a ripple effect. 3% to 5% of public companies over the next 18 months will have some sort of investment in bitcoin. there needs to be regulatory goalposts put in, but it is not going away. i know with musk and tesla, they will continue to see forrest for the trees and even though this will add volatility, this was the right, strategic move. transactionally speaking, even though there is some white knuckles at points today. emily: right, it was not just gave -- elon, but janet yellen making car -- cautionary remarks, but i wonder if that will change the type of investor who wants to get with a tesla . dan: that is a great point. investors the i talk to, they are cautionary in terms of bitcoin so they do not love that investment from tesla. the majority of investors are fine with it. we are talking a billion and a half, but if they start to

emily: i'm emily chang in san francisco and this is "bloomberg technology." coming up in the next hour, amazon bombshell. the company says founder and ceo jeff bezos will step down to become executive chair. andy jassy, who has been running amazon web services, will become the next ceo. we've got all the details and analysis from all angles as amazon reports operating income and sales that beat estimates. plus, alphabets record profit. i speak to the ceo on his explosive add growth bringing profitability to the cloud and how they will deal with mounting antitrust issues. her comments, coming up. and, uber agrees to buy alcohol delivery service grizzly. it's a $1.1 billion deal. doordash and bevmo venmo owner also made a play. we will speak to the grizzly ceo about what clinched the deal. although stories in a moment, but u.s. stocks rallying as the first daytrading frenzy collapses. get of course big news from amazon and alphabet. i want to get straight to the big market picture. i want to know what the move in amazon shares was after that huge and unexpected

why did they leave out emily? if you win first prize nobody knows who won seconds and third, that is a powerful thing and also elizabeth left more behind her. the material, it is much deeper. emily is a more private person, not nearly as much of it. just there wasn't as much. if i'm not a novelist i couldn't supply anymore. >> you talk about how as soon as it was established, split back to europe and emily ran it, not only is emily left out of the story but did a lot. >> she sustained her sister's legacy to the detriment of her own, kept her sister's name. elizabeth blackwell's name was on the institutional way through. always affiliated in the mind of the public, even though emily was the one who was running it. >> host: this question is related to what we are talking about. it comes in jakelin sailor. did you like one sister more than the other and even if not would you find it harder to write about one than the other, did you have a bias in favor of one and how did it affect your other's flow? >> guest: i'm tem

♪ emily: i'm emily chang in san francisco, and this is "bloomberg technology".oming up in the next hour. tesla shares wiping out their year-to-year gains trading below their entry-level in the s&p 500. the declines following elon musk's comments that bitcoin's valuation seems high, we begin with dan. plus, systemic vulnerabilities in the software supply chain, revealing testimony on the solar winds hack. we will have highlights with top execs from microsoft and crowd strike. and the struggle is realreal. the covid-19 pandemic continues to challenge consignments marketplace and realreal, and it reported a $53 million net loss in the first quarter. we will speak about the plans to move. first, square and intuit reporting and there is post market action with that gamestop cfo resigning. >> you are seeing a lot of action in the post-market after a fairly quiet trading day. let's get right into it. kicking it off with square. that is the big earnings story coming after the close. you cite a mixed bag of earnings but the highlight was the ir bitcoin investment, 3318 b

♪ emily: i am emily chang in san francisco and this is bloomberg technology.oming up, i deadly combination of cold and snow plunges millions across texas into darkness. a rolling blackout to contain an energy crisis. all the details and what can be done to prevent future emergencies with the ceo of a texas-based renewable energy company. plus, bitcoin blows through another milestone, surging past $50,000 for the first time as more major companies jump into crypto. we will have an outlook. and the week we've been waiting for. ever since gamestop became a market darling creating mayhem as retail investors sought to edge out short-sellers, a house hearing is set this week as all the major players from robinhood to reddit will testify. we will have a preview from an sec veteran. although stories in a moment but let's get the u.s. markets where the energy and sector seized up on the story that continue to unfold out of texas. our ed ludlow has the fuller picture. ed, walk us through the day. ed: energy dominates. the s&p 500, investors undecided broadly as they con

i'm emily chang in san francisco.ack to the top story of the day -- amazon ceo jeff rizzo's will step down from his post in the third quarter of this year. he will be succeeded by the head of amazon web services. i want to bring in brad stone, our senior executive editor who has written a book on amazon that is about to publish his second book on amazon. i'm curious if you saw this one coming or if this surprised you like it surprised the rest of us. brad: i would be lying if i said i was not surprised, certainly that it happened now, but when i thought about it and reflected on the stories i'm telling in the upcoming book, which is coming in may, it did make a certain amount of sense. the last 10 years at amazon has just been guiding all the new stuff. alexa, the cashless store. and then letting investors run with the more mature businesses. i suspect he finds the new stuff fun and while the details of the older business are getting so intricate that it is impossible for one person to keep track of everything, and th

emily: i am emily chang in san francisco and this is "bloomberg technology." we are watching two big events. one, that deep-freeze that continues in texas, causing crippling power problem for millions across the state. plus, prepared testimony ahead of thursday's gamestop hearing. just what will the robinhood ceo tell lawmakers. and a legitimizing crypto. mastercard announced it will start facilitating cryptocurrency transactions this year. we are going to speak to ceo michael miebach in a wide-ranging conversation. and shopify beat the e-commerce giant exceeding -- we are going to check in with the shopify president. the texas energy crisis continues. ed ludlow has the picture from san francisco. ed: s&p 500 is basically flat. what is interesting is eight out of the 11 industry groups ended in positive territory in the green. it was really technology stocks that pulled the rest of the index down. you can see that in -- the basket of mega cap tech stocks down by 1.48%. here is my statistic of the day, statistic of the week. it was the first decline in 11 days.

peter: emily birnbaum. emily: yeah, so today the committee is holding their first hearing of the 117th congress. they are asking experts over the next month, they think there are going to be multiple hearings, when they start to hone in on legislation. the chairman of the committee says he intends to put out legislation either through one big package or multiple packages, some with bipartisan port -- bipartisan support, some without. he and senator amy klobuchar made it clear they want to put political power into trying to get some antitrust reform through congress during the biden era. so, i totally agree, in terms of the court cases, the sec's case -- fcc's case against facebook, that's going to take so long, so many years. but in terms of forward motion on legislation, i think this is really the time for it and democrats can see the opportunity. peter: ashley gold. ashley: i would echo what everyone has said here. i spoke to the chairman about the house last night. he said he's planning to more hearings

talking with emily silverman. thank you to the team at ww norton for making this happen and all of you for showing up. and to our community of authors and leaders. we are grateful for your support so now we have just a couple of housekeeping things for you you can see and hear the speakers but they cannot see or hear you but they can see that you are here and the accounts of your fellow attendees at the top of your screen. there are a couple of different ways you could interact which we highly encourage on the icon and to post your comments and thoughts in the chat so if you have a specific question please pose that question in the q&a. we are pulling questions only from q&a. we are recording tonight's event in tonight's featured books is available for sales and agree night bookstore you can watch in the bookstore location every day of the week and you can purchase genesis books are all others on-site or odd order online agree night bookstore.com for shipping anywhere in the us with tonight's featured book is a gr

i'm emily chang in san francisco.. ♪ this is bloomberg. ♪ haidi: a very good morning. we are counting down to asia's major market open. shery: welcome to "daybreak asia ." our top stories, oil hits its highest in the year as u.s. output plunges a record 40% amid a bitter winter blast. we are joined by nasdaq senior energy director this hour. we have big aussie earnings to

i am emily chang in san francisco. veteran toymaker mattel coming off of banner fourth quarter, beating street expectations as parents turn to iconic brands, from barbie dolls, to uno cards to keep kids engaged at home during the pandemic. i spoke to the ceo on how he plans to keep the momentum going. ynon: we saw growth across the entire portfolio on all three power brands, barbie, hot wheels, and fisher-price. we have grown in six of the seven categories where we operate in all four regions. the dolls category continues to do so well, led by barbie. barbie was the number-one toy property overall globally for both the fourth quarter and the full year, and the barbie dream house was the number one toy in the u.s., also for the fourth quarter and the full year. american girl was up 9% in the fourth quarter and continues to do well with very strong growth in our direct to consumer business. the vehicles category was up double digits. the preschool category is up, with fisher-price up double digits. our challenger categor

emily? >> emily: i echo my colleague's thoughts here, removing the sanctions equates to a capitulation before we even get to the negotiation table and i point out that israel called it a surrendered to begin with but removing our leverage, we won't be able to address the flaws in it. i found the interview with former middle east cia station chief dan hochman absolutely illuminating and that he pointed out, the review squad includes china and russia. china right now is currently negotiating a $400 billion structural strategic package with iran. what does that do in terms of leveraging and undermining us not only with our sanctions but also bolstering that relationship? i will close with another quote from secretary pompeo that pointed out that if we adopt that model of accommodation that the european union has been following, that in and of itself is a surefire path for there to acquire a nuclear arsenal and i look forward to this president and our state department addressing that relationshi

emily: all right. interesting.been fascinating to watch this tug-of-war from this side of the pacific ocean. belinda barnet, senior lecturer at swinburne university of technology. appreciate your insight today. conservative social media site parler is returned to the internet for now. amazon's cloud unit pulled their web service after some users planned and supported the attack on the u.s. capitol on the site itself. the cloud -- will, give us the state of play. where is parler today and can new people join, essentially? will: thank you for having me. so, parler is back. that is the big headline here. but it is back intermittently. but the fact it has returned, the fact it was able to get back on the internet is kind of an incredible feat. it's hard, as we have learned in the past few years, when sites get blocked out of big tech providers like aws, to get back online. the fact that they are back right now, even though it is intermittent and crashing here and there, the fact it is back shows that parler will probab

emily, she made an interesting point.reat all of this. the parochial schools -- episcopalian, christian, catholic, so on and so forth -- and private schools have remained for the most part open. the resources may be different, but in some cases not. some of those catholic buildings, f teachers have told me recently, they don't have ventilation systems. they are older buildings. yet they were able to do it, and the kids have high mass compliance in those areas. why can't the teachers unions work to do the same thing? >> emily: because when you are free you can act independently. autonomously, with your own self responsibility. to kennedy and buck's point, these teachers unions have crippled and hamstring-88 the decisions that have to be made. these guys are absolutely crippling the education system, and it is a beholden system. that is why, by the way, the value of these websites and organizations like opensecrets.org and openbooks , you can see which unions and which are donating to which politicians. follow the money. it

emily?rt with, the governor himself is responsible for enhancing the sexual harassment workplace laws in the state of new york. he himself eliminated the restriction that harassment be severe or pervasive in order to be legally actionable. meaning one isolated incident is enough to be legally actionable. he also eliminated the requirement that employees have to provide comparative evidence of another employee's treatment to prove a claim of harassment or discrimination. that's really important here because it means someone can come forward with their story. not have to also bring into treatment other remote employees. a sort of providing a bottom line which is that if it's just construed as trivial, then it will not be enough to rise to the level. certain neutral objective interpretation of this will not rise to the level. petty slights or trivial inconveniences. her description of what occurred is laid out in medium and published about two hours ago. she goes into detail. she has receipts i

>> morgan: thanks, emily.terrorist is a good day and i don't like to play politics with foreign policy like we saw happening during the trump administration to us, i think this was the right call by president biden and i'm glad he did it. any time you have these militias that are threatening and attacking american troops, the american president should stand up for those troops. we also have the authorization of military force in 2001, 2002 which is probably the legal justification that the biden administration used for these attacks against these militias, that's the same legal authority that we used, for example, in the trump administration so unlike my counterparts i'm not going to criticize actions and i agree with them i think it's a good thing that we kill terrorists, it's a good thing that we hold them accountable but the next step, what is the strategy? and that's what former obama officials would say, what's the strategy? you can go after these militia groups which is the right call but if you are goin

eh, still. >> emily: welcome back.several other states in passing a law to protect the pledge of allegiance. what was once a staple of the morning school routine in america could potentially face extinction if specific laws aren't passed to keep it in place. it's not just schools. the dallas mavericks facing criticism following reports the national anthem had not been played at any home games this season. the nba team has promised to resume playing the song and dan patrick unveiled "the star-spangled banner" protection act which would require the national anthem to be played at all events. tomi, your thoughts. >> tomi: i love the national anthem, i love the flag, the stars and stripes, we all know it means a lot to me. i don't like the idea of passing laws to fix the problem because i think the problem goes much deeper than this. we need to go to families, we need to go to communities and understand why we are playing this song and we are not saluting the flag to begin with? why is there such resentment to the symbols

emily?le we pinned it, a lot of it has to do with the delineation between performative activism and actual activism, rose mcgowan has come out and said she believes lindsay boylan, you can call for an investigation without casting blame or convictions right away. so to tomi's point i think that's what reveal who is actually behind their activism into a semiperformative. moving along in that vein, the nation leading the world's women who have been silent and we haven't heard anything from them, top democrats like former presidential nominee hillary clinton, vice president kamala harris or senator kirsten gillibrand on her own state. she was quick to blast her senate colleague when al franken and she's been unapologetic when taking that stand. >> there is no pride for someone who tries to hold accountable like a powerful man who is good at his day job but we should have the courage to do it anyway. so no, i do not have any regrets. >> emily: no regrets, dagen, just silence. >> dagen: kirsten g

[laughter] alix: ticket when you can, emily. -- take it when you can, emily. emily: it is about leaning into the reflation trade. it is about finding pinpointed ways to really add to cyclicality without going over your skis. we have done that by adding two areas like emerging-market equities. we have looked at going down in market cap. mid-caps in particular have been the sweet spot to have that element of participation. sectors we have gone overweight like industrials in the u.s., where there is nice earnings recovery potential as we see this post-recessionary bounce. but to us, you've got to remove or that it has been really important to take it vantage of these incredible tailwinds. super accommodative monetary policy, the vaccine, more fiscal policy stimulus coming down the pipeline. the challenges that financial conditions probably have been the best they may be will ever be in our lifetimes. will we ever see this again? so it is important to really have exposure to that, but be thoughtful that going forward, it may become a little more challenging. we mi

emily chang is here with the heads of both companies. emily: thank you so much. anne wojcicki, ceo and cofounder of 23andme, and sir richard branson, founder of virgin group. why do this rather than the traditional ipo? anne: you and i have chatted about this in the past. i've never had the glory of being a republican but in my mind. at a point into -- being a public company in my mind. at a point when the platform is ready to take off, i have learned over the last decade that one of the most important pieces of advice that i've ever gotten and i continuously give out is who your investors are matters. when we thought about how we want to raise capital and whether we want to do an ipo the idea of partnering with richard and the virgin team was just absolutely slamdunk. part of it is the first core value we have is think big. when we think of richard come think of how big he thinks. emily: richard, let's talk about that big thinking. tell us how the deal came together on your and and how involved you are. richard: welcome i've known anne -- well, i have known anne

refiplus, only from newday usa. ♪ ♪ >> emily: welcome back.ng with the nursing home scandalous state lawmakers returned to albany amid growing calls for impeachment. they are expected to move to strip him of the pandemic emergency powers this week, but he could have bigger concerns. former acting assistant makes the case that the governor could face criminal charges over claims he covered up the death at the nursing home. he lays out his case in "the wall street journal" titled "why cuomo should be worried." he explained his position earlier on fox. watch. >> new york stonewalled and didn't produce anything throughout the rest of the year, perhaps waiting for a change in administration. she's the governor's top aide said that she admitted that at that point once the investigation was ongoing, "we froze because we were in a position where we weren't sure if what we are going to give to the department of justice would be used against us." >> emily: speaker, what is your perspective that the governor is facing? >> this is crazy! people died. this

emily, real quick?cotting moscow, by best friend's dad, he defected from the hungarian country from the olympics, and ended up competing for america and he was a vocal advocate for not boycotting the olympics in 1980 at the time. my point is that it is a luxury to boycott, there are so many other countries in this world who need it for their athletes and the collateral damage here are all the athletes. i agree with everyone that the condemnation cannot be strong enough but we must do it in different ways then damaging all of these athletes in all of these countries that deserve a shot at this global unifier hand at something that will elevate them in their own countries. >> will: i always add, whipping china on their home court. to be when i go back to what you originally said, how did china get it in the first place? we will move on. >> will: corruption, money, corruption. >> harris: moving on, disney's firing of "mandalorian" actress gina carano is calling comparisons to blacklisting in the 1940s and

it seems emily: we last talked.ig question is just how big was the trump bump and how much traffic do you lose without him? >> i will give you some fun facts. we have 50 accounts with more than 25 million followers. 80% of the people who use twitter or outside the united states. whether it's the super bowl or an election in another part of the world or an artist dropping a big album, there are so many great things that happen on twitter every day and it so much more than one account, a geography or a particular type of conversation. that's why we shared that data around january. we wanted people to see the redth of our service. we had more people join us this past january than the average of the last for january's. hopefully, that will give people clarity of our breadth of our service no matter what's going on around us. emily: can you share any color about how the service changes even though he's not on there? he was certainly driving a lot of interest and a lot of traffic whether you liked it or not. >> you and i

this is bloomberg. ♪ ♪ emily: i'm emily chang in san francisco and this is "bloomberg technology."bombshell. the company says founder and ceo jeff bezos will step down to become executive chair. andy jassy, who has been running amazon web services, will become the next ceo.

emily is a unique place in that. we are seeing as establishment by the left of the country and the establishment often thinks of us as the antiestablishment right. we get it from both sides on a regular basis. >> guest: i understand that. >> host: completely. >> guest: we are like okay. >> host: whatever you think i am. >> guest: you know what is nutty, electing women to office, the entire congress is 25% women and it has taken 35 years to change those numbers. hardly anywhere, 35 years ago, still fighting from outside and i think about the candidates that are running, these are not women typically coming up through the system, lauren underwood from, and to be elected, without running on an inkling. and these other women who are stepping up and you would never call her establishment. at least we were there for her. that is what we do but you are right about this question of the incumbency and i will even say there has been a huge debate. we don't run against pro-choice democratic incumbents. women - honestly we haven

emily: you have the majority of the u.s.but you have competitors like uber eats and grubhub. what is your path to profitability as you fend off the competition? tony: for doordash, it has been a focus on building the best customer across all of our audiences. if you look at the performance of the company, i think you saw a lot of the growth on the top line is we extended our market leadership. you saw a lot of improvements towards the cost structure as we've grown our scale. all of our fixed and variable costs of the percentage of our top line have come down. you are seeing the growing capital efficiency in the business as we continue to further invest. emily: on that note, alix mentioned she is ordering a lot, i am ordering a lot, i am, full disclosure, a doordash customer. great customer service. if something is not right or something is incorrect you can get a refund or a credit right away. it keeps me coming back. i wonder, how much is that costing you in terms of leakage? is that a big line item? tony: that is perfectin

emily, i will come to you first with your topline talk. >> emily: at the peace and justice are not thethis does not surprise me, however, this is the same synthetic gold moral society where governor cuomo was given an emmy for pandemic performance that now is being argued was corrupt. >> harris: you know, brian, i look at the names of the three women in 22013 who formed the group black lives matter. and what we saw often in the streets of america was not the actual organization on the ground. in fact, bryan llenas and others reported as they were in the middle of the crowd, there wasn't a whole lot of organization or unified voices. a hint if the movement may have grown some way separate from the organization and that sense. what are your thoughts on it? >> brian: making america more perfect union, racial injustice from the 1860s to the 1960s, let's do it. let's keep making progress. it will take awareness, i get up but when you see the black lives matter movement it is a global movement i will give you that. in terms of a peace prize come i don't see it when the sun came down in kenos

we are right outside the stadium with abby and emily. welcome to our lives special sunday night in america. in case you're not aware, we are in the final moments of super bowl 55. it is winding down as we speak. the buccaneers are battling it out, and we are going to get more in-depth a little bit later in the hour. but, right now, let's get everyone's quick thoughts on the game. abby, emily, if you'll forgive me i love to walk through the store first. let me just say this. we are watching michael angelo p and a masterpiece. we are watching the greatest of all time do his work. tom brady is almost completing his seventh super bowl victory. if you cannot appreciate this, you cannot appreciate greatness. i'm not just talking about football. >> he's definitely proving himself as the goat for sure. we been watching, first i want to know how your vacation is going down there in tampa bay. where hiking uphill both ways to work in the snow. you've been putting in a lot of hard work. you were on fox and friends this morning and you've been up bu

jonathan: emily, thank you. emily wilkins. emily: as a d.c. resident, it is a fair question.varied -- jonathan: very diplomatic you are. as a d.c. resident, it is a fair question. this is not a d.c. show. tom: we could make it a d.c. show. will worldwide, simulcast. jonathan: from washington, d.c. tom: how is the virus in london? jonathan: still locked down. cases heading lower, but the worry is over the new mutations in the threat to those already being vaccinated, and whether or not we can redevelop some of these doses that have been handed out to actually beat the variants as well. that is the big worry in the medical community right now. tom: but the quarantine and a hotel thing has drifted away? jonathan: when did that start? i saw that in a headline. i think i was on air when the headlines broke. tom: i don't know. there's talk about, if you are quarantining, you stay for 17 fun filled days. it would be a tough quarantine. jonathan: i am not sure if that's where they send you. from new york city this morning, good morning. alongside tom keene, i'm jonathan ferro. lisa a