i'm emily chang.amsung wants to be a leader when it comes to tracking your health with wearable devices. the company showed off a prototype of a new wearable --ice called the same band imband. is starting a software platform for developers where all their health load -- all the health care information can be uploaded. started out by asking why he thinks samsung's wearable tech announcements are so revolutionary. >> is really two things. , itnnounced a platform wearable platform that can be signs, monitor our vital as well as the cloud data platform where it can be able to deposit all kinds of information about your vital signs, but not only from our device, on many other devices. when you put together, you can make much more sense around that information. and that is what we were announcing. >> is is based on android or something new? >> we support multiple os. it is linux based. our goal is to let the developers decide which os they want to use. we will provide options based on our platform. won wris

. >> that was emily chang speaking with bloomberg china correspondent stephen engle. we spoke with ben cavender. emily started by asking him what he thinks of the mipad. >> i think this is a good evolution for the company. they have done really well in rolling out product. they've shown they can get people to buy. i think the tablet is a really good future step. it has great specs, it competes very well on price with apple. consumers are not necessarily married to the idea of buying an apple tablet or a samsung tablet. the tablet is usually the second purchase from people after they buy a smartphone. >> does the idea of a market where the pc never existed, a lot of these consumers change the role of the tablet in china? >> absolutely. if you look at the demographic that xiaomi is trying to sell to, which is the 15-34-year-olds. they're spending of their time of the day on the smartphone. i think xiaomi is really well positioned to cater to this group. >> how good is the actual product? how does it compare to an iphone or an ipad, or a samsung galaxy? >> i think when xi

i am emily chang.his is "bloomberg west." also, my guest host is here. chamath palihapitiya. i want to start by asking you about facebook and all of the acquisitions they have been making. does it all make sense? >> i think most of it make sense. having been there through a handful of them and announcing them from the sidelines, what has turned out to be the cheapest and smartest acquisition done by any internet company -- >> you think whatsapp could be bigger than facebook? >> we have graded a growth team and social capital. we use that to help companies grow. we also help them figure out what is going. -- what is growing. when we do our own internal projections, by 2015, whatsapp will have more users than facebook. you're talking about a global phenomenon. when you look at facebook and you apply some reasonable discount to that, apple will be worth multiples more than the facebook paid. >> john chambers said this a few days ago. if you as a stalwart company for not figuring out every day how to get i

i am emily chang.ompanies opposing a new sec proposal that would create internet back links. toetter was sent commissioner saying that the bothsal might discriminate technically and financially against internet companies. changes this not affect the internet fairness policy. if every security software has been held up as a standard in the industry. they realize what a million credit card numbers have been stolen, along with personal data on 70 million customers. down.stock is the ceo joins us in the studio now along with cory. you guys just reported earnings. obviously the stock is still down. is the market missing something? >> what happened with fireeye over the last six months or so is our business change pretty dramatically. we once were a bit of a product company now we have evolved in a cloud-based company in the form of sonic subscriptions. we have acquired a company and they have other types of subscription models. we have evolved a lot. as you saw from the earnings, we have beat the consensus

♪ >> i am emily chang. ream "bloomberg west" on your phone, tablet, and on bloomberg tv. comcast and time warner cable rent at the bottom and customer satisfaction for companies offering subscription tv had 60% of comcast people and time warner cable just 56%. universe tiedat&t for the highest customer satisfaction in the industry. at&t just announced that it has reached a 48.5 billion dollars deal to buy directv. proposed at&t the and directv merger is one of the hot topics facing tom wheeler on capitol hill. peter cook is on the hill with more. we are hearing it from all sides. >> he was hearing it from all sides. they said that the chairman had picked up a dust storm in his brief months in the sec. he was hearing from all sides. -- both sides have worries. there are worrying that they might charge more for faster traffic. >> i don't want this to become an auction in selling off the best. some pay for faster lanes and others can pay get stuck in the slow lane. >> the internet has flourished under the curre

i am emily chang. let's get straight to the rundown. turna decision that could the internet search industry upside down. remove search results. he had a major impact on the development of beats. the founder about how beats was born. your top tech headlines. verizon and comcast among the companies urging the fcc not to micromanage the internet by setting prices for how companies route where drew -- web traffic. the possibility of regulation. the letter urged the fcc to take a light tough approach. -- ranken he wants the company to address security concerns after research in germany posted a youtube bulletingideo of them -- exploiting this scandal. and your supreme court judge has blocked the state subpoena seeking users who rent out. the new york attorney general says she will issue a new subpoena to see issues -- users are raking new york law. it could be a game changer when it comes to privacy laws. the european union's highest court has ruled against google, saying users have the right to be forgotten. that means that google and other

i'm emily chang. about a year after tumblr was acquired by yahoo!e are questions about whether the acquisition is going to pay off. the ceo, david karp, spoke to market makers. here is what he said about integration between the the companies. >> we are partnered on projects, powered by tumblr today. we are working on a host of projects. we are on our own path. we are ultimately in control of her own destiny. >> tumblr has 160 advertisers on the platform. also joining us, the ceo and founder of the share space. as companies like facebook, twitter, and interest are increasingly competing for ad dollars, they help connect with consumers and grow businesses through the power of social. she joins me now. think you for joining us. >> great to see you. >> we were just speaking with the head of revenue about small businesses using twitter. obviously, there are a lot of platforms out there. if you are a small business, how could you approach social and choose where to spend your time? >> we tell businesses it is four steps. be aware of the customers. grow yo

i am emily chang.his is "bloomberg west." we are here with my special guest host, dan rosensweig. let's talk about the years that alibaba formed a strategic partnership with yahoo! obviously you have been following the alibaba story quickly. they have how to go public in the united states. when you look beyond the numbers, what do you feel is a risk to investing in alibaba? >> the risk is all of their success has been in china. the question is how big the market can be? we know many are trying to compete with ali pay. when they try to come outside of china come to the u.s., there's a whole list of questions. the management is extraordinary. they have tremendous momentum behind them. they have accelerated their growth. these are more long-term questions and not short-term. >> yahoo! will sell part of its stake in alibaba. what should the money be used for? >> if i were a betting man, they should give some to the shareholders. also, what areas do want to go in? there a lot of public companies that might

i am emily chang. ahead this hour, steve ballmer has reached a deal to buy the l.a. clippers for a whopping $2 billion. shattering the record for an nba team. the sterling trust agreed to sell after owner, donald sterling, was banned from the nba after making racist comments. ballmer has vowed to keep the team in l.a. elon musk showed off the capsule saying it should be ready in two years. it is reusable and it will have legs allow you to land anywhere on earth. nintendo is hoping a partnership can help it with slumping sales. they launched their mario kart and players will be able to drive a mercedes for the first time. the mario character appears in a mercedes commercial in japan as nintendo tries to make more money. to our lead story of the day. steve ballmer is going to have something new to get excited about in retirement. the former microsoft ceo known for his emotional speeches, jumping up and down, has reached a deal to buy the l.a. clippers for $2 billion and that shatters the record for an nb

i'm emily chang. internet as we know it may be about to change. what does it mean, and what is the cost to you? editor-at-large cory johnson back with us now, and also the george washington center for business and public policy and co-author of big bang disruption policy joins us. thank you so much for joining us. larry, i will start with you. who is this good for? who is this bad for? >> i don't think it is good or bad for anybody yet. all we have is a proposal. theave not even seen specific proposal. >> who could this be good and bad for? wayhis proposal vote -- the they voted today ends up final. >> it will not really change things dramatically for anybody, frankly. content providers or isp's. it is really a rewrite of the last set of rules. >> why are people protesting so much? >> i don't know. there has been a tremendous amount of misinformation. some of it is self-interested. some of it may be leaked out by the fcc. there's a lot of political agendas going on. why are people protesting this? >> m

i'm emily chang. we bring you the best of west. , alibaba files to go public in the united states in what may be one of the largest ipos in history. the price of shares has not been a $1et, but the filing has million placeholder amount. alibaba had total revenues of $5.5 billion in the nine months ending december 1. profitable, with net income of $2.9 billion in the last nine months of last year. chairman will own 3.6%. yahoos stake is 22 when six percent. for more on alibaba, i want to bring in our editor-at-large, cory johnson. we spoke with a senior west coast correspondent jon erlichman. >> the scale of the business is something we have known about for a long time. the prior commentator i completely agree with. the upside for them is mobile. it really has to do with the transition of the chinese market. their market is slightly behind us in mobile adoption. that kind ofthat customer mix would be in place right now. it is an absolute upside for them. >> you have been looking at some of the companie

i'm emily chang. every weekend we will bring you the best of west, the top interviews with the power players in global technology and media that are reshaping our world. apple makes a bold statement about its product pipeline with senior vice president proclaiming great things to come this year. take a look to him speaking with its cofounder at the code conference. >> later this year, we've got the best product pipeline that i have seen at apple in my 25 years at apple. >> it is the best product pipeline you have seen in 25 years? >> that's right. >> will you tell us about them? >> i get to see it tomorrow. i have been hanging out with this guy for two months. i'm not kidding. >> that is a really strong statement you made a few minutes ago. i think you set for the rest of this year, you have the best product pipeline you have seen in 25 years. in 25 years, you did the imac, the ipod, the iphone, the ipad, the macbook air, those are all widely recognized as pretty good products, right? >> i agree with

i am emily chang. before the airlines and the private space race richard , branson made his initial fortune in music muslim dimwitted things about apple hill to buy beats, and when virgin galactic will be ready for space travel. fcc chairman is revising his plan to offer paid internet fast lanes after backlash. it is trying to offer assurances. to the people you follow on twitter sometimes gets annoying, but you're not ready to on follow them? you are allowed a muting feature that will allow you to select tweets and hide them. muting can be turned on and off. the new app, square order, is a better experience for users and square wallet. right now it is available only in new york and san francisco. they have taken what they have learned from wallet and built it into square order. now to our lead story, it is a real that could shake up the paid tv industry as we know it. att in advanced talks to by directv at about $100 a share. they are tearing up for a 12 month regulatory process. directtv shares are s

i'm emily chang. mark zuckerberg wants you to try apps without fear. we will tell you why zuckerberg says that facebook's days of moving fast and breaking things are over. and my interview with twitter's ceo. while facebook and google are busy buying growing companies, the outlook for twitter and why there is a disconnect between twitter and wall street, with shares hitting their lowest level since the ipo. first, the top tech headlines. john legere is said to be the leading candidate to become ceo of the combined company if sprint takes over t-mobile. that is according to a person with knowledge of the matter. sprint has been meeting with banks to make debt arrangements for a bit and is expected in june or july. more on this coming up. there is currently a ground stop at los angeles international airport due to computer issues. no word on what the issues are. arriving flights can still land, but all departures are being held on the ground. the lax twitter accounts as there is no estimate of when this will be fixed. fcc chairman tom wheeler said he has

i'm emily chang. i will speak with the ceo of t-mobile to find out how he added more subscribers than at&t and verizon. we'll talk about whether he's going to merge with sprint and whether he's going to run it. facebook may be facing legal trouble in its bid to buy oculus rift. a videogame company says it owns some of the right to the virtual-reality headset. first, a check of the bloomberg top tech headlines. linkedin has failed to reverse it slowing sales growth. sales rose in the first quarter but it's fifth straight quarter shows sales growth has declined. ebay has settled a lawsuit with a federal and state government over deals with into it. under the terms, you may has agreed to and a nope 02 packed with other companies. ebay will also pay tell forney -- pay $3.75 million. the settlement comes a week after google, apple, intel and adobe settled a similar case. the justice department crackdown on silicon valley hiring practices is over for now. snapchat has poached a google employee, naming him a

i am emily chang. ahead, steve ballmer has reached a deal to buy the l.a. clippers for a whopping $2 billion, shattering the record for an nba team. trust allowed be fell after donald sterling was banned from the nba after making racist comments. bomber has vowed to keep the team in l.a.. spacex seven will be able -- ballmer has vowed to keep the team in l.a. to have al be able reusable dragon capsule. reversingnership slumping sales. the company just launches brand-new mario kart 8 game and players will be able to drive a mercedes for the first time. nintendo's mario or her also appears in a mercedes commercial in japan as nintendo tries to make more money from licensing. of the day -- steve ballmer have something new to get excited about and retirement. the former microsoft ceo known for his emotional speeches during microsoft events, jumping up and down, has reached a deal to buy the l.a. clippers for $2 billion. that shattered the record for an nba team. 550previous high was million dollars pay for

i'm emily chang. the c.e.o. of target has now resigned. we get the latest on google as v.c. business. the jury in the apple-samsung patent trial was hauled back to court to recalculate some of the damages and they came to the same overall figure, $119.6 million. samsung plans to appeal. nokia plans to invest in companies that develop smart car technologies. the investments will be made by a new nokia fund. it is trying to rebrand itself after selling its hand set business to microsoft last month. twitter and amazon have teamed to let customers buy by hashtag. twitter has been looking for ways to boost revenue and user engagement to our lead story of the day, the head of target has resigned after that massive data breach. greg steps down as president, chairman, and c.e.o. of the retailer. c.f.o. john mulligan will be interim c.e.o. while the company looks for a replacement. the changes come about five months after hackers broke into system gaining access to personal information of millions of customers

i'm emily chang. apple senior vice president says this is product pipeline is the best he's ever seen. he did not elaborate at the code conference but under pressure to deliver its next blockbuster product, announcing buying beats yesterday with cofounders jimmy iovine and dr. dre. google is giving information after 700,000 miles of autonomous driving for the self driving cars to use algorithms for road hazards like pedestrians or when another car will change lanes. google said they would build more than 100 prototype cars with testing starting this summer. a new report says hackers and iran created an elaborate game using facebook and other sites to spy on u.s. officials. they created a fake news organization and attempted to interact with some 2000 officials to access their data. the report says u.s. lawmakers, defense contractors, and a four-star general were among those targeted. it's unclear if their government was behind it. first, to the lead story of the day, apple makes a bold statement about

i'm emily chang. million sha400 t9 res.along with major investors including benchmark capital, have announced publicly they have no plans to sell. what about the rest? joins me now in the studio. thank you for joining us again. aside from the top insiders and investors who say they are not selling, how many shares are actually eligible? >> there are several hundred million. nearly 500 million shares will technically be available for trade. there's a big difference between what you can do and what you should do, and what people will do. that is why there are is so much attention on these lockup dates. >> how many employees do you think will sell? >> it varies. wealthfront is the largest and fastest growing software advisor. we launched the single stock peppers vacation -- diversification. when we announce the feature in the fall, 10% of investors signed up for the service. twitter stock? >> we have some data on what employees are planning to do. >> what are they planning to do? thehey are in it for long-haul. a vast majority

i'm emily chang. al franken has been one of the most outspoken critics of comcast's proposed purchase of time warner cable. he recently sent them a letter asking about their commitment to net neutrality. cory johnson i spoke with the senator. i asked if he had gotten a response to his letter. >> well, not yet. they just got it. they have been going on tv about how they are buying time warner cable and that will extend net neutrality to a greater number of consumers. that is because they are required to by the conditions of their acquisition of nbc universal back in 2010. that runs out in 2018. they refuse to say what they will do past 2018. >> i want to play a portion of that ad. here is seven seconds of that ad from comcast talking about their commitment. >> how do you make life online better for more people? you start by extending net neutrality protections. >> ok. they start by buying the second-largest cable provider and they are the first largest cable provider. you start by buying the third larg

we will be right back. ♪ >> welcome back, i am emily chang.early seven years before apple's head to buy the electronics, dr. dre teamed up with a hardware firm to design a line of headphones. the idea was to create a stylish accessory for mainstream consumers as well as audio quality fanatics to create the perfect sound. createdder of monster 70 to 80 iterations of the sound profile that serve as the baseline for beats products. the head monster, as you like to be called. with me here in the studio. struck ars ago, you deal with jimmy ivey and dr. dre to make headphones. tell me how this came about. >> jimmy was looking for something else to do, they wanted to do speakers. i said the new speaker is the headphone. people do not listen to speakers anymore. he said let's do headphones. that is how it started. i am an audiophile and wanted to get into making the best headphone in the world. dr. dree, $.50's -- da club"y cent's "in as a sounding board. what part of these headphones are you responsible for? theirst of all, those are new ones. we did

i am emily chang. next productme the plan? everything from your life to security system from your iphone. with your summer just about we look at how technology is doing everything from camping to fishing to hiking. first, a check of the top tech--- headlines. even marketer predicts the u.s. user growth will slow to single digits by next year. it is expected to grow 12% this year. there is a silver lining. predicting 34% in asian growth this year. hasbook ceo mark zuckerberg been ordered to appear in court in iran. issued a summons saying he must answer for alleged privacy accusations for whatsapp with facebook agreed to buy in february after another iranian insta court -- court to be instagram to be blocked last week. former microsoft ceo steve ballmer interested in buying the los angeles clippers. reports say he met with shelley sterling, donald controlled -- surrendered control of the team to her after he received a lifetime nba banned for making racist comments. sterling has hired bank of america to

i'm emily chang. comcast and time warner cable are defending their merger proposal on capitol hill today. there is a hearing of executives, antitrust experts, cable industry lobbyists and more as they try to get a grip on whether this deal could ultimately help or hurt american consumers. congress itself holds no power to approve or deny the merger, but it's important could help siu -- sway the two agencies making this decision, the federal commissions -- the sec and the justice department. the fcc and the justice department. i cannot only will the merger drive the new comcast -- >> not only will the merger drive the new comcast, but also its competitors. consumers will clearly be the beneficiaries. >> but former justice department alan groom painted a much different teacher. >> this merger is very likely illegal. the parties know it, and that is why they are here talking about how they plan to fix it. but i'm here to tell you what it is illegaly and why the fix doesn't cut it. >> joining us now on ca

i and emily chang. microsoft ceo dropped a few hints about his strategy in his first public interview as ceo. he says there are no plans to sell xbox or microsoft's search business and here's what he said about potential acquisitions. >> i think we have to build something big. if along the way we have to buy things, that's fine, but we have to build something big. if you add in next box, you can say three and a half but it's time for us to build the next thing. >> nadela says that he has been around helping in a variety of areas. nathan's friends carried him off the stage after was announced that he won the top rise of $75,000. editor-at-large cory johnson is here with more in the headlines about this kid, is this a teenager who can cure cancer? >> he was born in 1999. he was awarded the gordon moore award. he used a big dated to identify the cure to wrist of harmful mutations in genes associated with cancer. he took a very interesting approach. i asked how he found out that he had one this big rise. >>

i'm emily chang. adam silver has banned l.a.ner donald sterling from the league for life. >> effective immediately, i am banning mr. sterling for life from any association with the clippers organization or the nba. >> the ban follows a phone call captured on tape between sterling and his girlfriend where he makes racist comments. silver said sterling confirmed it was his voice of a tape. listen to what he said. >> if you want to broadcast you are associating with black people. >> you associate with black people. >> i am not you and you are not me. you are supposed to be a delicate latina girl. >> cory johnson and i spoke with former golden state warriors president. i started by asking, what does he think of the response as well as the nba? >> i give them a gold medal. gold for silver. adam coalesced a number of different forces to craft a response to this stupidity that is going to take the league in a more positive direction. that is not easily done in a short period of time. >> how do you see him forcing the sale of the team p

i'm emily chang. from ariticism technology company, the fcc is ready to tweak its plan calling for internet's fast lanes. and sir richard branson made his fortune in user before branching out to airlines, space, and more. we get his take on apple's beats eel, as well as when a virgin galactic rocket will be carrying people to space. first a check of your top tech headlines. the billionaire is in preliminary talks that would give ritter sky broadcasting tvtrol over fox's satellite units. this may be bolstering his attempts to take over bskyb, which have thus for been stalled. and jim wilkinson appointed the head of international corporate affairs. he served under treasury secretary henry paulson and was a former adviser to condoleezza rice. he would be guiding all about -- itsaba's pr efforts before ipo. and the square has launched a new mobile app, square order which allows people to order and pick up food. right now it is only available for a few restaurants in new francisco.n it is also pulling its

i am emily chang. the u.s.aised the stakes substantially in the ongoing fight with china announcing criminal charges against five members of china's military for cyber espionage. phil mattingly joins us now. a huge step for the justice department. why this, why now? >> a big question. a huge step is right. government officials were taken aback by the announcement of the charges against these individuals. the justice department has been working on cases related to these types of issues for more than a year. they have been gathering resources. throughout that time officials have been pointing out this is a major problem. on some level u.s. officials have just lost patience. the nature of the charges, how groundbreaking they were were underlined by the attorney general and a press conference. >> take a listen. >> the seriousness of the ongoing cyber threat. the criminal charges for percent of ground breaking step forward in addressing that threat. >> as you see, the attorney general not mincing words about how imp

♪ >> i'm emily chang and this is "bloomberg west."e talking about alibaba diving through the f1 filing and what could become the biggest ipo ever in the united states. my partner cory johnson is here and jon erlichman, senior correspondent in l.a. i'm joined by john malloy of bluerun then chose -- run ventures. and crid yu. i have seen potential valuations ranging all the way up to $250 billion. is that fair? >> all the bets that alibaba has made in mobile and the other things we have been speculating for a long time about how inbaba will do much more cross-border trade. the example about the yoga buying directly from merchants. it feels like alibaba is leaving out its largest growth area for to grow,t room additional value. >> interesting. we do know that this is only a first step, but maybe that's the question. what's been left out of the filing? is that more important to question? >> first-quarter earnings are on many investors minds. one person said march can be a down quarter because of the lunar new year. less tends to be e-comm

i am emily chang. google glass makes it available to everyone, at least anyone who has $1500 to spare. the self rhyming car hitting the roads in urban areas and all of those robots acquisitions, is google becoming a hardware company? the stretch of specific post where that has -- coast where whether he was illegally keeping the public off the beach. his bizarre testimony. carl -- include a including carl levin and john mccain pushing for online user data. a senate committee will hold a meeting tomorrow over concerns that companies are collecting data about people unknowingly and using it for advertising purpose. the iphone market share in japan soared in the year ending this march, up there to 6.6% from the year2er 25% before. japan's largest wireless carrier began carrying the iphone last fall. samsung has issued a rare public apology, saying it will compensate workers who got cancer after working in the semi conductor plant. dozens of former workers say they have contacted -- contracted leukemia and

i'm emily chang.libaba may have filed for an ipo, but it is not making questionsinvestors disappear. a deeper look into the e-commerce giant's filing, including why it did not break down revenues for two key businesses. plus, twitter shares have lost more than 20 set -- 20% of their value last week. is it just insiders cashing out for dough or does it say something broader about the future of the company? first, a check of bloomberg top tech headlines. a huge push into open source cloud computing. the company is investing $1 billion over the next two years is open cloud platform. hp is also branding its other clout products and services under the healy on name. microsoft is set to unveil a smaller version of the surface tablet in new york on may 20 according to people with knowledge of the plans who say they will use a qualcomm chip for the very first time. microsoft will also unveil other service models in the event that are powered by an intel chip. to is extending its contract broadcasting via webe