emily: thank you. back to the worldwide developers conference where the company announced a slew of software updates as well as the new chip, it will power a new macbook air and macbook pro. mark gurman is here. there were a few new things. let's start with the chip. how transformational will this be? mark: the m2 chip is not a major league. it is not very transformational. 18% faster than the m1. this is the base model of the m2 chip. you will see over time, you will see an m2 ultra, m2 max, maybe an m2 extreme for a macbook pro. this is just the beginning of the m2. they have to start somewhere. when they introduced the original m1 november 2020, that appeared first in the mac mini, and the macbook pro, which was updated today with the m2 chip. emily: what is transformational about today? let's start with the software. where do you think the most significant updates there are? mark: in terms of the software, two things stood out. the lock screen on ios 16. people have been asking for years for this c

emily: i'm emily chang in san francisco and this is "bloomberg technology." big tech stocks continue to sink the nasdaq 100 dropping more than 3%, dragged down by amazon and tesla. this on top of a big bloomberg scoop that tesla just laid off hundreds of autopilot workers in another round of job cuts. we will bring you all the details. we will be joined by the most decorated u.s. track and field athlete of all time. olympic medalist allyson felix joins us to talk about her tech and investing play and how she continues to fight for women and moms as she retires from professional sports. it is the new tiktok for kids and it's got the backing of the nba. we will talk to the head of the social network about their plan for kids and the metaverse later this hour. but first i want to get a look at the markets. big rout in big tech pushing stocks down as a new report shows americans are now more downbeat about our recession. take it away. katie: the gains of last week seem like a long time ago because it was another down day on wall street. the nasdaq 100 up there, l

emily yang, thank you so much. emily: sonali, thank you.ional hockey league, nhl's players association and nhl alums are getting into nft's themselves. they announced a multiyear deal. nft's will feature never before seen video moments from the 2022 to 2023 season as well as video, including past nhl players like wayne gretzky. coming up, antitrust bills and the future of big tech. this is bloomberg. ♪ emily: apple says an antitrust bill aimed at cracking open the app store market will make iphones less secure, but congress and some large firms already have apple's tools that let them bypass the app store, which has cybersecurity specialists countering the company's protests is more about defending its business model. i want to bring in andy yen of proton. proton has been vocal about apple's monopoly of the app store in general. what is your message to lawmakers? andy: i think this is a historic moment. this is the first time we are doing comprehensive tech regulation in the u.s. these bills are being proposed and have a potential to dramat

emily: i would agree. she joked that it was of the honor and privilege of a lifetime but it wasn't the most manageable job of a lifetime. thank you for your reporting. i want to ask you one last question. do you believe her? is this officially sheryl sandberg moving into philanthropy? david: she's a multibillionaire. she can do whatever she wants. she will certainly be effective as a philanthropist. it might be a role that suits are better. she's really been interested in politics for a long time. i think for many years, she really had hoped that that would be her eventual direction. my own opinion is that the way the facebook story has evolved in recent years has made it extreme lead difficult for her to move into democratic party publix -- politics which is what she would do. facebook has been shown to have so many social harms. she is responsible for not having taken those actions. emily: what about unappointed office? david: that's a possibility. she's been talked about as the treasury secretary the pa

emily yang, thank you so much. emily: sonali, thank you.l hockey league, nhl's players association and nhl alums are getting into nft's themselves. they announced a multiyear deal. nft's will feature never before seen video moments from the 2022 to 2023 season as well as video, including past nhl players like wayne gretzky. coming up, antitrust bills end of big tech-- and the future of big tech. this is bloomberg. ♪ if you wake up thinking about the market and want to make the right moves fast... get decision tech from fidelity. [ cellphone vibrates ] you'll get proactive alerts for market events before they happen... and insights on every buy and sell decision. with zero-commission online u.s. stock and etf trades. for smarter trading decisions, get decision tech from fidelity. emily: apple says an antitrust bill aimed at cracking open the app store market will make iphones less secure, but congress and some large firms already have apple's tools that let them bypass the app store, which has cybersecurity specialists countering the company

emily: thank you for joining us.over at disney led to a veteran's dismissal, and it took the ceo just seven minutes. we will talk about what happened next. this is bloomberg. ♪ millie: peter rice has one of the longer resumes in the entertainment industry, but when his time at disney came to an end, it was uber in seven minutes. that's how long it took disney's new ceo to fire the tv chief in what is being called a clash of styles. at entertainment company. -- at the entertainment company. >> the tenure of bob chapek as a ceo is ultimately a successful one -- this is something we will see if the the tenure of bob chapek as a ceo is ultimately a successful one. it could go either way at this point. people say this is a guy with no people skills. emily: chad peck has been facing some pretty tough and public battles. what does this say about his leadership at this point? >> what was bigger news this week then peter rice was the fact that disney florida directors put out a statement saying that jpeg -- that chapek and hi

emily: i'm emily chang in san francisco. this is bloomberg technology. coming up in the next hour, stocks set for the longest losing streak since january over concern the fed combating inflation will throw the u.s. into recession. it's another sign of a worsening crypto downturn -- coinbase announced it will lay off 18% of its workforce following other crypto companies also cutting staff. and my exclusive interview with chuck robbins on where he sees the economy headed and how the company is navigating the downturn and supply chain pains. he will join me for an exclusive interview. you will get to all that but u.s. stocks on their longest losing streak in six months. but tech faring better with a late in the day rebound, helping to keep the sector in the green. what change for tech today? ed: it was volatility swinging between gains and losses. snapping four straight days of declines and in pockets of that performance, semiconductors up, the mega caps really interesting, pushing the index higher. the bond market leading the equity market by the nose. the

with emily chang. emily: we will bring you our exclusive interview. tech companies may be willing to cover travel fees for employees looking to get an abortion, but what about protecting your data? we will talk to a civil rights attorney. theranos -- his fate in the hands of the jury. we will get the latest. all of that in a moment. want to get a look at the markets, volatility is back, stocks falling again to start this week with the tech sector a big drag. ed ludlow is here with the latest. ed: it's not uncommon to see volatility creep back in, portfolio managers adjust the composition. the tech sector is the underperformer. the nasdaq is down 8/10 of 1% after a game last week. yields are such a big part of the story. up seven basis points. when we saw the gain and equity markets last week, yields were coming down. that is quite interesting. i'm going to bring you a silver lining. valuations have come down, they peaked. names like meda, for example, value buyers have started to come back and. that is important, we are asking ourselves where the bott

emily: i am emily chang in the san francisco. coming up, in the next hour. >> today the supreme court of the united states expressly took away a constitutional right for the american people. already recognized. they did not limit it, they took it away. emily: president biden reacting to an unprecedented moment in american history, the supreme court's decision to overturn roe v. wade. protests are wrapping outside of the high court as women respond to the news and companies are responding too. plus, the cofounder of the blockchain the developer is out with the new crypto cell phone. we will ask him why he's dialing in to the world of mobile. nft, nyc comes to a close, we will look at the future of nft's as trading close down and companies are raking in more funding and more celebrities are jumping on the bandwagon, where is it going, we will discuss that in more later this hour. i want to get a look at the markets with katie. despite what is going on in washington, stocks rebounding for their best week in month. >> absolutely. it

emily: let's get to that now. i did sit down for an exclusive and wide-ranging interview with amazon ceo andy jassy. we spoke about everything from the economy to unions to the will of jeff bezos today. first, i asked about dave clark who spent more than two decades climbing the ranks amazon to become his consumer chief your he is -- she resigned abruptly last week and announced he is joining a logistic startup. andy: different people want to do different jobs with different responsibilities at different times. it is incredibly personal. i think dave wanted a different gig at this point. i don't break at -- i don't begrudge him at all. they've gave so much to amazon over the last 23 years. particularly the last two and half years which have a bit -- which have been among the most crazy in the history of amazon. i think if you want to build a business that lasts 100 plus years, you have to get used too the sort of transitions and make sure you are doing the right succession planning and you have the right talent to

emily: i'm emily chang in san -- in new york and this is bloomberg technology. coming up in the next hour, the end of the silicon valley era, sheryl sandberg is stepping down after 14 years at facebook and now meta as chief operating officer. i spoke to her in an exclusive interview. sheryl: i made a final decision this weekend and let mark know. emily: we will have more on that decision them of why she's leaving now and what it means for meta's future. and if you want to keep working at tesla, forget about working from home. elon musk sending any mail with the subject line, remote work is no longer acceptable. first a quick check of the markets and how meta shares moved on news of sheryl sandberg leaving the company after 14 years. bloomberg's ed ludlow here with more. big day for the markets. ed: fantastic reporting on sheryl sandberg and the role that the selloff in meta shares, even though it was the last 20 minutes of the session, had an impact on the broader markets. s&p and nasdaq down, those declines accelerated as we saw meta shares selloff more rapidly

with emily chang. emily: i am emily chang in san francisco. coming up,musk's skepticism about pots has one investor suing the company. more on the threat to blow up the $44 billion buyout. plus, the future of flying cars. ed ludlow on the ground where leaders and investors have gathered. he will bring us an exclusive interview later this hour. my exclusive conversation on the heels of apple announcing its offering a competing version of by now, pay later. all of that in a moment. first a look at the markets. apple and microsoft driving shares higher. katie greifeld with us now. katie: like you said, it was a risk on day thanks to tech. we saw a lot of energy in the last hour. the s&p and nasdaq finishing 1% higher give or take. as a result, volatility breathed a sigh of relief. the vix at 24. something to watch in the days to come. bitcoin, even though you saw a resurgence in some big tech names, not as much love for bitcoin. the coinage did trade above $31,000 a coin. i'm thinking about twitter. elon musk threatening to end the deal. that cau

emily: i am emily chang in san francisco. in the next hour, microstrategy makes another $10 million bet on bitcoin even as cryptocurrencies continued to slide. plus, nft sales getting a new look for the year. -- hitting a new low for the year. we will discuss. subscribing to snapchat here with the social media company announcing a new monthly subscription to premium content. but what does premium content look like on snap, and will customers pay $3.99 a month? moderna co-founder will join us to talk about the future of omicron-specific boosters, and why he is taking on the fight against climate change. we will get to all of that in a moment. tech stocks ending in the green, snapping two straight days of losses amid choppy trading. ed ludlow is here with all the moves. ed: you look at the s&p 500, we are down for a third straight day, potentially flat as a floppy disk. the nasdaq 100 is up. if there was real pain, it was in semiconductor is. just some space. the semiconductor index, which we will come onto in a minute -- it is

emily: i'm emily chang in san francisco and this is bloomberg technology. coming up, elon musk tells bloomberg there are still unresolved matters when it comes to his bid for twitter. he believes a recession is likely. we bring you our conversation with the tesla ceo from the qatar economic forum in delhi. a first for apple. workers in maryland vote to unionize. we talk to the former chair of the national labor relations board about whether the iphone maker should brace for a wave of union votes at stores around the world. monetizing meta-. how the company is shifting priorities and its algorithm in an effort to chase tiktok. we look at all of that in a moment. u.s. stocks rebounding after last week's trillion dollar slide on the s&p 500. katie greifeld here to walk us through the day. take it away. kati: it was a broad rally today. s&p 500 and nasdaq 100 finishing 2.5% higher. you did see yields continue to climb. look at the 10 year treasury yield, finishing five basis points higher today. you are looking, breaking below 30 at one point. finishing above 3

emily: coming up, cisco. >> emily: welcome back to bloomberg technology.cks fall even further on fears the fed's aggressive policy to fight inflation will throw the u.s. into recession. is this rightful cause for alarm? where are we headed for the next half of the year? i went to get into all of this and more with chuck robbins who is joining us from cisco live, the company's first in person conference in two years. how is it going? bring us the atmosphere from the floor. how does it feel to be back in person? >> chuck: thanks for having me. we are putting the live back in cisco live. we have 16,000 of our closest friends in lot of partners demonstrating, there's a lot of education. there is a slew of great product announcements and everybody is as you would expect, excited to be together in person. we joked today that we are so glad we are not doing this over video link. so there's a lot of energy. emily: cisco has always been considered a bellwether for the economy. i have 200 what your customers are telling you and how inflation and what's happening in

emily: i'm emily chang in san francisco and this is "bloomberg technology." coming up in the next hour, new information on musk's big backers in his bid to take over twitter. i on the list, a new buy-based firm with a secretive founder. plus i am joined by klarna ceo sebastian siemiatkowski. is he worried about apple moving into klarna's buy now, pay later territory? and arianna huffington joins me to tell me how she got some of the biggest companies in the world to sign drive's mental health pledge, covering millions of workers. we are going to get to all of that in a moment but first let's get to the markets and a selloff late in the day. meta, apple and amazon all ending the day down more than 3%. katie greifeld joins us with more. katie: it was another down day on wall street led by some big tech giants. he saw the nasdaq 100 fall almost 3%. the s&p 500 down 2.4% on this thursday. chinese tech fared even worse. the golden dragon index snapping a three day streak of gains down a most 7%. all this coming as treasury yields continue to rise. rate on 10 year

emily: welcome back.arket turmoil investors pulling back has many startups tightening their belts and cutting costs. there is one unicorn that did not wait for the downturn to be thrifty. van to helps businesses protect against data breaches. thank you for joining us. you started out in venture capital. then you left to form vanta. what are you trying to solve? >> we're trying to help software companies be more trustworthy with their customers and the trust. the way we do that is to help the software companies improve their security then go off and prove it. often through something like a compliance audit. showing their taking the regulations seriously and using them as opportunity to build trust with their customers and ultimately grow their revenue in businesses. emily: a lot of investors are being careful about where they put their money. what attracted you to this company? >> vanta is a company we have been interested in for a long time. we started to notice that many of our portfolio companies were u

emily: i'm emily chang in new york and this is "bloomberg technology." he helped introduce michelle sandberg to -- sheryl sandberg to mark zuckerberg. we'll be discussing where they go from here. he sat on the board of facebook for seven years and has known sandberg for more than 20. my exclusive conversation with donald graham and where meta- goes from here. and inflation keeps raging. no relief in sight according to president biden as the market, tech, and crypto stocks in particular keep whip sign. we will be joined by the author of a new book about whether silicon valley can hold onto its role as the center of power, later in the hour. all of that in a moment first a look at microsoft, giving the market a scare by revising its outlook. microsoft, the michael -- the story of the day. ed: we started thursday with nerves, the stocks down, saying the stronger dollar and look rising interest rate story of course has been a real headwind, revising the outlook around earnings, 400 $60 million on that strong dollar with unfavorable currency conditions. looki

emily: i'm emily chang in san francisco in this is bloomberg technology. bitcoin sliding more than 6%, below $19,000 for the second time in two weeks. what it means, and how low can it go? plus, washington is finally taking note of sexism that has run rampant in the tech industry where women have long been underrepresented. stephen lynch on the heels of a hearing he chaired on combating the culture. what he thinks congress can do to help fix the problem. and airlines are canceling flights up and down the board as they struggled to keep up with demand. the future of travel in a post-pandemic world. rest -- recession fears are back, sending stocks down across the board. ed ludlow has all the latest. ed: you can see that spending fell for the first time in the year, reinforcing recession fears out in the market. big drops across the major indices. i keep going back to u.s. 10-year gilts, down another seven or eight basis points. when yields are rising we saw a pain in tech stocks. when yields are coming down, look at the red on the screen. it's june 30, we ma

emily: let's get to that now. i did sit down for an exclusive and wide-ranging interview with amazon's ceo. we spoke from economy -- from the economy to unions. first i asked about dave clark, who spent more than two decades claiming the ranks at -- climbing the ranks at amazon. he announced he is leaving amazon and joining a logistics tech startup. andy: different people want to do different jobs with different responsibilities at different times. i think dave wanted a different gig at this point. i don't begrudge him. dave gave so much to amazon over the last 23 years, particularly over the last 2.5 years, among the most crazy in the history of amazon. i think if you want to build a business that lasts 100 plus years, you have to get used to these sort of transitions and make sure you are doing the right succession planning and have the right talent to grow the business. i expect we will do it again. emily: elon musk came out saying he has a super bad feeling about the economy, laying off 10% of his staff. jamie

emily: welcome back.s a choppy day for tech stocks as the market tried to make up its mind on the fed and risk of recession. where did we land? ed ludlow back to unwind it all. ed: multiple indices, look at the nasdaq 100, off by 0.2%. chip stocks, some of the worst performers. you see the index made up of megacap's and some chinese tech companies, modestly lower. they had been hired during the session. -- higher during the session. have a listen to jay powell. >> it is our goal, it is going to be challenging, it has been made more challenging by the events of the last few months, thinking of the war and commodities prices and problems with supply chains, and the question whether we are able to accomplish that is going to depend to some extent on factors that we don't control. ed: the marketer sees the idea this is the biggest admission so far that there is a real risk of hard landing. the labor market still incredibly tight. the economy still incredibly robust. some of the tech movers, interesting. amazo

emily: i'm emily chang in san francisco and this is bloomberg technology. stocks rocked by recession fears in an ugly selloff. tech during the brunt of the nasdaq slumping almost 5%. we will dig into this monday market meltdown. plus, google suspends the engineer who claims the search zone ai is actually a person with feelings and even a soul. we will share transcripts of his communications and debate the possibility and limits of this cutting edge technology. and yet another crypto meltdown, bitcoin hitting another 18 month low and celsius hitting one of the biggest lenders. we will have the details on what went down and what happens next. all of that in a moment. the pandemic era run for stocks has officially come to an and. a painful day across the markets and tech especially. >> the nasdaq 100 a very tech down almost 5%. heavy index that index seeing , the biggest drop in around a month and we are trading at levels we saw in november of 2020. four straight days of declines, on the nasdaq 100, the worst run since early march. as gina put it, this is the

emily: u.s.s tumbling toward a bear market as the fallout from a hot inflation reading continues to rattle global trade. i want to dig in with this and what's your take on happening there. >> it has been 12 years in the making. we come out of it in the past decade and investors were not investing in everything because everything was looking good. everything was making money. but now we are going into a world where we are going to have to be more discerning. and our view is that there is going to be an extreme flight where the top 10% of companies will continue to attract rigorous amounts of funding whereas the rest will have to take a good look and build something that will be transformative or not. emily: is this rip good times? is this like 2008? is this like the dot com bust? >> we think it is something. we think it is real. we think starting 2022, it's going to feel very different than the last decade. we are long-term investors. not thinking about whether they are good for returning one year

emily: i emily chang in san francisco and this is bloomberg technology. multiple spacex employees fired after an open letter criticizing elon musk. what this says about his leadership and what it means for twitter. plus, does ai have feelings? google just suspended an engineer who claims the answer to the question is yes. we will have a conversation with googles former ai ethicist. crypto traders go from the fear of missing out to straight up fear. we talked to microstrategy strategist michael sailor. first, i look at the markets. another day for bitcoin in the red. broader stocks are rallying. the tech heavy nasdaq is surging. the s&p is closing at its lowest point since september 2020. taylor riggs is here to break down the day and week. taylor: the biggest weekly decline on the s&p 500 since march of 2020. that really puts it into perspective. you can see all the major indices in the red for the week and lower for 10 of the last 11 weeks. this has been another wild a loss for the week or so. that negative sentiment continues with equity markets. i want

emily: i'm emily chang in san francisco and this is bloomberg technology. u.s. stocks oscillating as investors walked to position after the latest comments from fed chair jay powell saying a recession could lie ahead. we will speak with shopper five president about how it's impacting consumers at where the company is placing its bets when it comes to the future of e-commerce. plus, slack unveils a slew of new features to the hybrid work world. they have been building company since before the.com boom. we will also get his view on the market lockdown. and jeffrey katzenberg them joins to talk about the future of entertainment and disrupting the legacy industries. plus, we will get his thoughts on what's happening at netflix and disney. all of that in a moment, but first let's look at the markets with ed ludlow. everyone listening to those comments from fed chair jay powell. >> all eyes on the fed. we are down by less than 2/10 of a percent on the s&p 500 and nasdaq 100. nothing changed in terms of wet fed powell said on the outlook. it's whether they can deliver

emily: i'm emily chang in san francisco and this is bloomberg technology. it coming up, a tumultuous may for markets in an almost exactly where it started, what does it mean? to tech valuations and summer months to come, we will discuss. could online dating be the one market that will be spared? we will talk to analyst to says companies like bumble, tinder and haynes are recession proof. plus, from where the next covid wave will hit to how high inflation will go to the winners of the grammys. a new predictions market lets you bet on just about anything. were going to meet a controversial exchange that is actually legal for now. and finally, the supreme court just blocked a texas law that could transform twitter and meta. we will have a report live from washington. all of that in a moment, but first let's get a look at the markets and stocks in particular. tech ending may almost exactly where they started this month. ed ludlow here with the latest. what was all the fuss about? ed: one of those days where you ripped up the script. i was here and prepared i ha

emily: i'm emily chang in san francisco and this is bloomberg technology. the fed raises interest rates by 75 basis points, the biggest increase since 1994. stocks rallied. what this could signal about a possible recession. plus, new funds launching even in a downturn. the heavy hitters behind the $450 million fund, including a top morgan stanley alum. and elon musk getting even more political as he reveals who he is backing for president in 2024, as he prepares to address employees at an all hands meeting, divided on whether he will save the company or destroy it. first, this they will go down in history. the fed raising interest rates by 75 basis points, the most in almost 30 years. jay powell gave his views in the fight against overly high inflation. ed ludlow is here with more. ed: an effort to calm prices. this historic day -- 75 basis points by taking the federal funds rate to 1.5%, for the interest rate could rise to 3.4% by the end of this year, 3.8% by the end of next year. saying the fed is strongly committed to returning inflation to its 2% objec

emily: i am emily chang incense two and this is bloomberg technology. coming up, elon musk tells bloomberg there are still unresolved matters when it comes to a bid for twitter and that a recession is likely. we will bring you our conversation with him. and apple workers at a retail store in maryland have voted to unionize. we will talk about -- we will talk with apple. and how meta is shifting priorities and their algorithm in an effort to chase tiktok. first, u.s. stocks rebounding. katie is here to walk us through the day. katie: it was a broad rally today. the s&p 500 and nasdaq 100 pushing 2.5% higher even though yields continued to climb. 10 year shifting five basis points higher today but volatility taking a breather. the vix is breaking below 30 at one point. seeing some volatility exit the market as stocks rebounded today. in the rally, two stoxx caught my eye. tesla and twitter, we heard elon musk. on the twitter front, he said there are still unresolved matters with the twitter deal, leaving some questions. shares finished 3% higher. and elon

with emily chang. emily: i'm emily chang in san francisco and this is bloomberg technology. two trading players could be looking to tie the knot with the markets in freefall. ftx is exploring an acquisition of robinhood. robinhood is down some 75% since it was public last year. we will tell you where the talks stand. we will bring you our exclusive with the coinflex ceo about why they froze withdrawals. tech companies may be willing to cover travel fees for employees looking to get an abortion, but what about protecting your data? we will talk to a civil rights attorney up about the power tech companies have over your digital rights in a post-roe era. theranos -- his fate in the hands of the jury. his girlfriend elizabeth holmes was found guilty of defrauding investors. first, we want to get a look at the markets and volatility is back, after the best week for stocks since stocks falling march again to start this week with the tech sector a big drag. bloomberg's ed ludlow is here with the latest. ed: it's not uncommon to see i'm the last few days of the quarter volatility cr

emily kaplan. >> emily: how did that feel when you lifted the cup over your shoulders?> well, it is 20-plus years of dreaming and wanting and working for it, and finally coming to fruition after a lot of crazy years and a lot of hard work, but this group is just amazing and all of the way from the top to our massage therapist to the wives to the fans and everybody working in ball arena, and it is just incredible. >> emily: when you were lifting cup, who were you thinking about? >> i mean, my wife, my kids, my dad, my sisters over there, and everybody who supported me along the way, my mom, my brother, my teammates, and looking at these guys, and it is just -- it is incredible. i still can't believe it. >> emily: the nhl is notoriously a copycat league, and what do you think that other teams will take away from your journey? >> find a cale makar somewhere. and we picked up some pieces along the way that really, really made us hard to play against, looking at cogs, sturmy, mans, and looking at all of the pieces that they just wanted to win so bad and do whatever it take,

emily, even they don't get it. >> emily: aren't they the premier authority.ought was a movement of why are women, hear my roar, weren't we supposed to be protesting with certain hats a few years ago about women's rights? we remember that. why is all of a sudden woman a dirty word? i was speaking with a multiyear cancer survivor who had a hysterectomy. she said am i still a woman? it broke my heart. the answer is unequivocally yes. to have the culture to her seem that it's confusing, there's certain identities that only view that and she's lost her -- it broke my heart. by blurring those lines, then you yes, dilute the identity. if you ever call me cranky, ben -- >> ben: that's about men. we get cranky. don't say a woman. i'm waiting for that to come back. >> harris: i do have a question. i'm going to ask you, if that's okay, kayleigh. i know you're leading this segment. it does pop in my head that we're waiting for a supreme court ruling about on one side a woman's right to choose. do they then not mean that on the left? >> kayleigh: no, they don't mean that

emily: good to have you back with us. thank you for sharing the news with us and hearing your views on the macroenvironment ahead. meantime, the world's largest theater chain is once again branching out. amc will create a $100 million fund to invest in other businesses. the board approved the plan, but the leader did not say where the cash would come from. in march, amc bought 22% of gold and silver mining stock. coming up, elon musk stands his ground and tells twitter employees the shift will include outrageous things. that's next. this is bloomberg. ♪ emily: elon musk took questions from twitter employees. he didn't address whether he was committed to a deal to buy twitter. we are now joined by a former twitter employee. ed ludlow is here as well. you were covering the meeting in real time. we had the contents leaked to us in real time. what happened? >> your right to phrase it in the it is what he did not say. it was billed that he was going to outline his interest in buying the company. emily: he wasn't explicitly ask

emily. are you spending more money?ding to the study, 30% of us are when the music is slow in grocery stores. my question though is a retail. because retail i don't want to walk into listening to kenny jay. like i want to walk in listening to -- >> harris: carty review. >> emily: i think with retail may be different. >> kayleigh: harris do you buy it? >> harris: everything is different at the grocery store now we have inflation because were all paying more now. >> emily: i totally believe this is happening my mom grew up in dillard shopping stores and there was always boring music or my sister and i like new the sounds it was always boring. >> tulsi: i don't know what it says about me able i don't recall hearing music when i go grocery shopping so maybe it is not subliminal and effectively abm like i don't even know kind of music they play. >> guy: anti-dancing tulsi gabbard doesn't listen to music. >> harris: it could happen. >> kayleigh: working about some slow beats full tarceva next time. last but not least 83% and

emily, they look great. >> emily: i think what is self funny to me, i was with someone earlier lookingpy family reunion. i think if they are trying to show a relatable vibe, i appreciate that, but otherwise, i would rather have policies come out of their meeting. >> kayleigh: sean, it reminds me of president trump's america first. taking photos. america is just one of the boys, and we are going to pay the bill. >> sean: i do not want my president to be there best friend. i want them to work on policies that are going to lower my gas prices. they are talking about green energy policy as opposed to figuring out how we can get more oil and gas in the marketplace. it's ridiculous. >> kayleigh: there was a moment about that. it does not have sound, but take a look. he has the french president come up to him. at maximum capacity, saudi arabia is not going to be able to give you much. jake sullivan says guys, take it away from the cameras. it happened. someone is like maybe we should move along here. those are the conversations that they are supposed to be having. everyone has to take picture

>> emily: i was. the taxpayer needs a lifeguard to protect them from the unions that negotiated these ridiculous fees. i can get a couple of high school kids that will be lifeguards for $10 an hour. we can save the taxpayer a lot. i don't understand this story other than unions gone wrong and people getting overpaid in a protected class and a protected work force that really shouldn't be. the taxpayers should look into this. this should be reformed. god bless lifeguards. there's other professions that are in need of this kind of pay scale. i'm sure you can find cheaper lifeguards. >> emily: the majority of these salaries came from overtime. so you can say don't hate the player, hate the game. >> raymond: yeah. >> kayleigh: you do. the union game. they make 15 times what the average lifeguard makes. my problem with this is the highest paid salaries are not necessarily corresponding with those that are doing the most brave acts to save people. the valor awards are not getting the highest pay like edward

emily chang is there with an exclusive interview. emily: thank you. am at the bloomberg tech summit. joining me is michael miebach, ceo of mastercard. great to see you. mike: great to see you. emily: apple launched apple pay later on the apple card network. what is their role in this deal? what is in it for mastercard? like mike: it has been around. 80% of people around the world are saying we have heard of buy now, pay later. what is in it for us? we look at this and said here is another way to pay. they pay from the card, their bank account and so forth. we set if it is relevant, we have to offer it. we make this available to any merchant and that is in it for us because we are relevant. we need lending partners who provide the loan. >> are you concerned about the regulator follow? there is the ongoing investigation. is there any hesitation on your end given the regulatory scrutiny? >> this is a really interesting question. in the end, responsible landing is something we are always concerned about but we are not the lenders. we are engaging all part

outnumbered cohost emily compagno!eers and applause] >> greg: if elected governor of new york, he promises not to kill any old people. congressman and republican candidate for new york gov lee zeldin! [cheers and applause] >> greg: and there's no one hotter on your police blotter. fox news contributor kat timpf. ♪♪ [cheers and applause] >> greg: and finally, the stork that delivered him broke his beak. my massive side kick and the nwa world television champion, tyrus! [cheers and applause] >> greg: emily. >> emily: yes. >> greg: you claim to be a lawyer, never shown any proof to that but i'll go with it. this drives me -- isn't this something that an inmate should just immediately do. if you have all the time in the world, get somebody to work on your behalf to game the system. isn't this kind of like what every person should do in jail if you have all the time? >> emily: i mean in this current political climate the answer is yes because like you read in the intro, so this inmate says it was a life or death situation f

what are your thoughts emily? >> emily: yes, i hear what you're saying. other day and her daughter was telling us, she's 16, she was telling us that one of her friends insists on being called he -- basically all three. and the person interacting with her has to rotate between all three, he, she, they, or they get upset. and this is one more reduction of name badges into missing the whole forest for the trees. it's missing the entire point. financial health? who cares. taxes? who cares. running out of money? who cares. it's only about you seeing what's on this because they're afraid of misgendering people. at totally blown out of proportion. >> greg: where's the fear coming from? from the loudest voices in a very tiny room. this is a freaking bank the only equity they should care about is financial equity which i don't know about because i'm not bright but this is garbage. and jamie they say this is inclusive but whenever you hear about the pronouns doesn't it feel exclusive like it's compelling anytime somebody is compelling you to say something it's excl

with you emily.g. >> all right buckle up a new poll on driving reveals that 63% of people get nervous when their partner drives. half of the respondents say they feel anxious when their passengers and many find themselves wishing the driver would slow down. pete, i do not know how your life feels about you but i feel great when sean's driving getting them back and it feels great. >> pete: can i get a breakdown of the male to female level on that because i'm given up say a hundred percent of men get nervous when her husband is driving a biologically that? a little bit. a little bit about aspect that doesn't surprise me controlled the car is a real thing. >> but emily can control a car >> emily: everyone in my truck is terrified if they got us to do the physics or people get cars like but i feel there is a difference between link confidence, capability, competence, and oh, my god, were going at the speed of sound, right, to many different scenarios but i do not like being in shock on. you know, because

we need more of that. >> emily: quick follow-up.ther common theme we are seeing is a disconnect between what voters want and what the city council and the mirrors are doing. we saw that in seattle where voters overwhelmingly voted to restore funding to the police, not defund them in the first place and at city council went ahead and did that and it's my understanding the same thing is happening in minneapolis. >> brian: they sort of abandon it but not really but it was only after people in minnesota and minneapolis come everywhere and that states that are you kidding me? are we really going to do this? people won't drive their cars into minneapolis because they are afraid of carjacking. you are a car person. catalytic converters getting stolen all the time. they won't go to that place because that city council and that mayor have absolutely squandered an opportunity to improve public safety. yes, these politicians need to listen to voters. they are much more concerned about ideology than they are about the basic bread-and-butter iss

>> emily: that's right.'t this underscore, too -- if there's one thing you can rely on the government it's actually incompetence. it's the blundering fumblingness of an overblown, bloated bureaucratic institution, especially coming out of california and gavin newsom demonstration they are. why do people keep arguing the answer to the problem? to me they are the absolute because of all of our problems. if there's anyone i trust to protect my personal information, believe me, it's not the california government. >> cassie: that's right, it always gets a good laugh because no one believes it. we have seen time and again how the government has done us wrong. and broaden this out paid media not a gun owner, but we disagree with that so you're going to get doxxed'. and that's why we say, what next? i'm with you, i don't think it's an accident. >> julie: there's a gun rights group firing back and calling for the ag to resign. i believe that he should resign. joey, i thought was interesting, you mention something in

>> emily: just a part of it.sparking backlash with the controversial new ad campaign encouraging drug users to be "empowered" and giving users tips. that's next. ♪ ♪ do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. if you have $100,000 or more of life insurance, you may qualify to sell your policy. don't cancel or let your policy lapse without finding out what it's worth. visit coventrydirect.com to find out if your policy qualifies. or call the number on your screen. coventry direct, redefining insurance. ♪ ♪ >> kayleigh: welcome back. as we see fentanyl addiction becoming a very serious and growing problem, new york city's health program is coming out with a new controversial ad campaign. it urges drug users to "not be ashamed" but instead to be empowered for using safely. we've seen similar billboards

will ferrell is in this. >> emily: i love everything barbie.the ken doll is cuter than he is. >> cheryl: he looks oily. >> rob: i love the jim reference. so they have done the impossible, which is to make ryan gosling unattractive. i don't know how they went about this. i don't know how many photographers that they had to do that with. there has to be a medal in that somewhere. >> kalyeigh: julie digs jean jackets with no sleeves. >> i'd rather see will ferrell topless. i have seen it, not personally in the movies. i'd rather see will ferrell streaking than this version of the barbie. >> kalyeigh: we've seen a lot of will ferrell. and finally, kim kardshian is accused of damaging an iconic marilyn monroe dress that she wore briefly. the mr. president dress appears to be missing crystals and show small rips. the ripley's believe it or not does not believe that she did it. the past damage was documented and kim kardshian wearing the dress has been hotly contested but she didn't damage the garment. it was worn at the met gala. i thought who gets t

emily: how could she have done that? >> a few simple examples. 2017, facebook was implicated by the united nations in an ethnic cleansing that took place in myanmar. a country in facebook had more employees on the ground, had almost no spoke the language in they certainly had no expertise into the politics and culture of the country. it became clear the product was being used by bad actors to instigate ethnic cleansing. a different group of people might have taken that as a warning and said we shouldn't be doing business in countries where we don't have an economic interest or people on the ground. we are not willing to invest in the culture. that kind of thing is super obvious. the fbi warned facebook early in 2019 that qanon was a very dangerous extremist organization. they warned facebook that there was a lot of recruiting going on facebook. between 2019, the spring of 2019 in the spring of 2020, about one year, facebook ignored roughly million -- roughly 2 billion people radicalized into q and facebook. that's based

emily? illicitly off the internet and social media are fentanyl, counterfeit bills. the pattern is that these kids are using social media to buy pills, they are experimenting, and 9 out of 10 are fentanyl so they are dying. while experiment of drug use has plummeted since 2010, the overdose and the jets have skyrocketed because of fentanyl. now we know that these overdose deaths are the leading cause of death between 18-45. they have eclipsed suicide and car accidents. remember, in the past, the national campaign we have been part of that has aimed to stop both of those things and more, we need more now. seeing social media companies, sure, but there needs to be a concerted effort by our law enforcement and his administration to nip the blood in the whatever you call that. and everything at the border, it needs a lot more than what we have seen as far as the administration. >> harris: i like to catch up. you pointed out pompeo. i'm thinking a former president trump who didn't have a lot of l