i am emily chang in san francisco.loomberg. ♪ >> the following is a paid presentation for lifelock with norton, paid for by lifelock. >> look around, so many of us are on our phones and laptops. or on public wi-fi shopping online. filling out forms and applications. in the connected world we live in, our personal information is everywhere. we enter our names, birthdays, passwords, social security numbers, online. what happens if that

emily: i emily chang in san francisco. this is boomer technology. in the next hour, tencent has suffered its worst first profit drop in over a decade as the chinese government cracked down on new gain releases -- game releases. can they recover? andto volatility continues so do opportunities for investors hoping to buy in. we break down the short and long-term outlooks. goldman sachs confirmed it is buying tesla as it looks to go private. the bank was not on board with musk tweeted earlier of this week. could u.s. national security officials locked to go private plan anyway? to our top story, it looks like facebook has disappointing tech earnings. the results are out of china were tencent posted its first profit drop in a decade. shares plunged as much as 10% on the news. thaniant has now lost more $160 billion in market value since january. remember monday, chinese regulators forced tencent halt distribution of a popular videogame and froze and approval of the licenses amid a government shakeup. despite that, gaming and the popular we chat app are

i am emily chang in san francisco.ig tech names are hovering at record highs. can bullish sentiment hold, or will global headwinds change the tide? plus, tesla's wild week. elon musk shocked investors of his plan to take the company private, but we are still missing answers to some key questions. and spaces next frontier. how nasa is launching a spacecraft that will attempt to touch the sun. we will speak to an engineer on the mission. that first, to our top story. after an earnings season with lots of surprises, positive and negative, we are looking ahead to the outlook for the tech sector for the rest of the year. despite challenging headlines in worries about regulation tech is leading gains in the overall market. what are the standouts and where are the headwinds? for more, i want to bring in our chief strategy officer, as well as our own caroline hyde in london. i will start with you -- what are you looking ahead to, challenges and upsides. >> there is definitely challenges in the macro in geopolitical issues. in

i can emily chang in san francisco.g elon musk's interview, he defended his work ethic and made mention of his quick trip to wedding. his brother's musk said he had no time to savor the moment, saying he arrived two hours later and we pieced together his trip from musk's own tweet. he attended his brother's wedding in spain and took his kids to belfast so they can see the set of game of thrones. for five days, tesla survived without elon musk on the factory floor. should musk's relentless work ethic be defended? i want to bring in ashlee vance, who wrote the bio on elon musk. you have seen all signs of elon musk. is see comingic off analysts on an erlang -- on ambienings call musk, musk. is this new? ashlee: in some ways, it is new and in some ways it is not. if you go back in his history, in 2008, it was really a crisis sort of like where we are at. the future was uncertain, and elon arguably was under as much pressure as he is no. he would do the same things. he would give his employees a hard time. he went after the

i'm emily chang in san francisco. and this is "bloomberg technology." antisocial -- president trump's campaign on what he calls unfair searches on social media. plus, elon musk returns to twitter, yet again fanning the flames. why the tesla ceo can't quit social media, despite warnings from investors. and stewart butterfield talks to us about building a massive start up and a timeline for a possible ipo. first, president trump has issued a warning to social media companies after he accused google of rigging search results to show negative news about him. president trump: google and twitter and facebook, they're really treading on very troubled territory, and they have to be careful. it's not fair to large portions of the population. emily: experts say it's unclear what he or congress could do to influence how internet companies distribute online news. trump has talked about expanding libel laws, but is it possible? for more, we are joined by max. is it possible? max: it's possible. congress has the power to impose pre

i'm emily chang in san francisco.ck on monday. ♪ david: one month after you take this job, you get a heart attack, and they say you need a heart transplant. oscar: they said get the surgery. that is the only way you will live. david: i assume you are not flying on private planes. oscar: you have to eat what you cook. david: emotional support animals? oscar: one of the animals recently required another emotional support animal. [laughter] >> would you fix your tie, please? david: well, people wouldn't recognize me if my tie was fixed, but ok. just leave it this way. alright.

♪ >> i'm emily chang in san francisco and this is "bloomberg technology."nd the next hour, elon musk tells the new york times no one reviews the infamous tweet and he does not regret it. and chips stocks on track for the longest losing streak in months. is the semiconductor downturn coming? door dash raises 216 million more dollars in its latest funding round a few months after the massive investment from softbank. what is next for the food delivery service as it takes on communications from the board at all and did not get calls from irate directors." he told the times he wrote the tweet as he drove himself to the airport. tesla's board said they have not received a former proposal -- formal proposal. our next guest has the sector perform rating on the company and matt check and has been with us covering all things to love. they say musk revealed one of the directors called him about the tweet indeed and asked him not to send any more tweets until they were reviewed. talk to us about the emotion he shared in this interview. he teared up at times and talks

i am emily chang in san francisco.loomberg. >> stocks recovering from a second day of losses. >> tesla among the losers erasing all the gains from the going private tweet. haidi: it could be make or break for us trillion's energy fix. newleen: samsung launches a weapon in the

i am emily chang in san francisco. this is "bloomberg technology." in the next hour as we close the chapter on earnings and big take names, they are hovering at record highs. can the bullish sentiment hold or will global headwinds change the tide? tesla's wild week as well. elon musk shocked investors to take the company private -- investors by his plan to take the company private. how nasa is launching a spacecraft will a -- that will attempt to touch the sun. goolsbee to an engineer on this mission. first to our top story -- we will speak to an engineer on this mission. first to our top story. despite challenging headlines and worries about regulation, tech is once again leading the gain -- game. where are the possible headwinds? andmore i bring in dan eyes caroline hyde in london. dan, i start with you. what are the challenges and upsides dan: there are definitely challenges in the macro or geopolitical issues we are seeing. you're releasing strength on the enterprise side in terms of areas like cloud and cybersecur

emily: i'm emily chang in san francisco. this is "bloomberg technology." tencent suffers its first profit as the chinese government crackdown on new games. crypto volatility continues but so did the opportunities. we'll break down the short-term and long-term outlook. and goldman sachs confirms that is now advising tesla to go private. the bank wasn't on board when musk tweeted as much this week. first, your top story. it looks like facebook has company when it comes to disappointing earnings. this time the results are out of china where tencent posted its first profit drop in a decade. shares plunged 10% on the news. the chinese social media giant is -- has lost $160 million in market value. remember, monday chinese regulators forced tencent to halt distribution of a popular rozen licenses.o despite that gaming and the popular wechat app are still going strong. to discuss, we have ben and in studio, we have selena wang. you operate a venture capital fund based in beijing and you have invested $1 billion . how concerning other revenue profit issues for a c

i am emily chang in san francisco.nd this is "bloomberg technology." in the next hour, president calls out social media again. this time saying the platforms are silencing millions of people. plus, autodesk shift into subscription pays off. we speak to the ceo. tim cook's tenure at apple. how the tech giant has transformed in the seven years since he took over at ceo and who is on the bench. but first, to our top story. president trump is going after social networks. early friday, trump tweeted, "social media giants are silencing millions of people. can't do this even if it means we must continue to hear fake news like cnn. people have to figure out what is real, what is not without censorship." the tweet did not mention any companies by name, but does follow actions taken by facebook, twitter, alphabet, removing hundreds of accounts linked to alleged propaganda operations. brad joins us now. brad, not necessarily surprising hearing this coming from the president amidst all of the other controversies happening, his top

i'm emily chang in san francisco.ur top story, president trump lashing out at google, claiming it is censoring results when it comes to positive trump news and promising to take action against bloomberg. the president made the claim at 5:00 a.m. eastern time without any evidence to back it up, and prompted a response from google -- search is not used in a political agenda and we do not bias results toward political ideology. our columnist warns his threat should be taken seriously, joining us from new york. what could the president or white house do here? >> it is not really clear. we heard larry kudlow, the white house economic adviser, say the white house was looking into whether to regulate google search. i am not sure what that means. maybe he did not know what it means. but we have seen lawmakers already in congress talk about maybe cracking down on a provision of the law that shields google and other internet companies from legal responsibility for what their users post on places like you to, or facebook -- yout

emily: i'm emily chang in san francisco, and this is "bloomberg technology." there are doubts brewing about tesla's ability to secure funding to go private. can elon musk take the deal across the finish line? has apple peaked? one analyst has slapped the company with a sell rating, warning 2019 could be disappointing. twitter, at a political crossroads. is the social media platform worried about angering conservatives? continues tesla saga for a third week as elon musk propels the company toward a possible rebirth as a private company. he says he will not stop working at his current relentless pace. board members and investors are growing more concerned about his health and stability. area huffington has encouraged musk -- arianna huffington has encouraged musk to take time off. and teslanded, "ford are the only american car companies to avoid bankruptcy. i just got home from the factory. you think this is an option? it is not." joining us, an analyst who has a buy rating on the company. and liam. pierre, we don't talk so much about asleep -- about a ceo's sle

i'm emily chang in san francisco. this is "bloomberg technology." in the next hour, turkey's president called a boycott of american-made electronics in response to sanctions. what crisis in the country could mean for the iphone and more. u.n. musk in the tesla board go over private plans and musk is being advised by goldman sachs as critics continue to doubt his transparency. how does one of the most high players in youngest the nba balances game on and off the court? we sit down with jalen brunson. first, to the top story, president or one remains affiant in turkey -- the turkish president remains defiant in turkey. he calls it an explicit economic attack. it ins what he had to say his pitch -- say in his speech. [indiscernible] products, we will by customs. signs the u.s. showed no of relenting warning there will be no negotiations about sanctions until it's detained american pastor is released. one of bloomberg daybreak's anchors had this recap from his temple. >> a series of speeches to find a combination around t

i'm emily chang from san francisco.loomberg. ♪ >> the following is a paid program and does not reflect the views of bloomberg lp or it employees. >> the following is a paid program for the power air fryer oven. we introduced the power air fryer and it became possible to enjoy the food you love guilt free. millions were sold in the five-star reviews say it all. people love the power airfryer. now, air is taking a quantum leap forward. introducing the power airfryer oven. the oven they can airfryer 70%

emily: i'm emily chang. and this is "bloomberg technology." coming up, a major milestone for apple, becoming the first u.s. based company with a market value of $1 trillion. we will map it out and have reaction from a veteran apple analyst. sonos launches its ipo, but is this the right move for the smart speaker company? competition from apple and amazon closes in. we will speak to the ceo and an early investor. strava, the social network for athletes, has 32 million users and growing. we will speak to the ceo about its popularity rise and concerns about security. first, our top story. just last week, it looked like the tech sector was in for a massacre this earnings quarter thanks to a disastrous showing by facebook, but then came apple, surging this week following its earnings report. as much as 9%. thursday, it happened, $1 trillion. apple became the first u.s. publicly traded company to cross that milestone. how did it get there? mark gurman has the answer to how it got there. mark: after months of waiting, it finally happened. apple has b

i'm emily chang. we will be back tomorrow.omberg. ♪ >> a trillion dollars and some say it could the worth twice as much. >> that's right. four decades after steve jobs and steve wozniacki founded the company, apple beat google and amazon to the landmark. ordersdow stalling as x fear new tariffs on china. >>

change who won. that's what keeps me up at night. emily: do you believe that has happened? have seen evidence of robust meddling, as dan coats said earlier, but no concrete evidence the vote count was actually changed? professor halderman: there is no evidence the 2016 vote count or any previous american election has been stolen in a cyber attack, but the problem is the vulnerabilities exist. and so it's only a matter of time until our enemies take advantage of them. a paper backup is good, you agree with that. is that something we could quickly institute for the upcoming midterms? there's not a lot of time left before we all have to go back and vote. professor halderman: well, fortunately about 70% of american votes are already recorded on paper, and there are only five states left that are completely paperless. those states could, if they wanted to, implement paper as an emergency measure, but the problem is that progress so far since 2016 has been fairly slow, and the remaining states ra going to hav -- are going to have to somehow find the money to upgrade their systems.

emily: i'm emily chang and this is "bloomberg technology." tesla says it will be sustainably profitable and cash flow positive by the end of the year. and they said the higher target for the model three aiming to make 6000 cars a week by the end of the month. still, the company managed to ban -- burn through $730 million. we will have analysis for the hour. elon musk speaks out and we will hear from the tesla ceo on the earnings call. will he push back on analysts questioning his execution? t-mobile reports its best second-quarter ever. as the company and sprint push to close their merger, we will speak to t mobile. surging in late trading after second-quarter results missed estimates. but, revenue beat expectations. they burned through $740 million in the. , but that was less than the 900 million analysts had predicted. elon musk is setting him self more targets and now the goal is 6000 model threes a week by the end of this month. remember the tent outside of the factory? maybe it is doing the trick. we bring in bloomberg businessweek's max

i'm emily chang in san francisco.ff the report that google is trying to secretly get back into china with a censored search engine comes the news that it is working with chinese companies on cloud offerings. google is said to be working with tencent and others to offer cloud services in the world's second-largest economy. it was just eight years ago google abandoned mainland china because it refused to comply with beijing's censorship practices. changed? to get to the bottom of that, we have our bloomberg opinion columnist in new york, and from washington, the senior vice president at albright stonebridge, and before that he was at google's director of public policy. i was covering china from beijing when google left the country, and it was a huge stand google took. i can't imagine what it was like being in the room as you were debating this in the early days at google. what do you make of the fact that the company is now considering going back in and agreeing to the same censorship practices it took a stand against?

i am emily chang in san francisco.e are halfway through the year and we have seen a number of tech companies hit the public market. ipo's are picking up globally. we will talk about the current and coming up your landscape. bringing tech to trucking. a brazilian cargo company is getting attention of silicon venture. first, to our top story, microsoft says it has thwarted an attempt by hackers tied to the russian military to disrupt the u.s. midterm elections. domains.own six web the group is believed to be the groupe, that's believed to be responsible is called strontium. is aat we are seeing pattern that come in many respects, is similar to what we saw in the united they to 2016 when certain campaigns and political parties were attacked. it is similar to the pan we sign , when we saw7 every major candidate for the french presidency targeted. we are seeing it again. emily: to discuss in washington, we have jordan robertson. and david kirkpatrick here in the studio. what do you make of what microsoft said they have done

emily: alright, bloomberg's selina wang, thank you so much for that up date. coming up, the secretive electric car company planning to changee of transportation. we talk to the company's founder next. this is bloomberg. ♪ ♪ emily: electric adventure car starter has been in self moat as it raised nearly $500 million in funding and has taken over a shattered mitsubishi plant in illinois. the company plans to unveil two highly anticipated vehicles, a pickup and an suv. they will begin to roll out their cars in 2020 and eventually offer vehicles dealt with a 400 mile rate. here to discuss -- 400 mile range. you haven't released any photos of the car, we saw some blurry foreigners. >> yes, very little information. emily: we have to take your word for it, but what is it that makes your vehicle so special. >> when you think about it electric vehicles on the market today, you generally have to pick between fuel economy, performance, capability, utility. what we are doing is bringing all those different functions together. you can put your hats, your kids, your gear into this vehicle. it is still fun to drive and of course, very eff

i'm selina wang in san francisco in for emily chang.h,, casco, the -- claire mccaskill, the democratic senator from missouri confirm she was targeted by cyber attacks. on tuesday, democratic senator bill nelson reaffirmed his russians have infiltrated the election systems of certain counties. a democrat running in california's june primary was the target of cyber attacks. they are being investigated why the fbi. to continue a look at just how vulnerable american election systems are ahead of the 2018 midterms, i'd like to welcome major general earl matthews -- he served three decades in the air force, where he directed cyber investigations across the globe. and at the white house, cybersecurity reporter stephen yen. general earl matthews, i want to start with you. in addition to these escalating numbers of cyber attacks we're hearing about, and 11-year-old was able to hack into a simulation of the florida state election website in under 10 minutes. what does that say about the security of our election right now? gen. matthews: well, one

you need emily: i emily chang in san francisco. this is "bloomberg technology". president trump takes on tax and is floating the word antitrust in relation to google, facebook, amazon. is there more to this? we will talk about it with a congressman of pennsylvania. gaming companies are feeling the heat as china pushes to regulate screen time. but can thent is -- government limits how long kids play games? and a huge blow to scooter mania in san francisco. the city blocked some of the biggest names from operating and the underdogs beat out the big guys like uber. first, to the top story. president trump rails against the tech again in an exclusive interview with lumber. i will not comment on whether it is bad, or facebook, or amazon as many people think it is a antitrust situation. that's what the president told us. he continued to hammer that home in a rally in indiana. the president then accused social media services of shadow banning. he claimed to google search results are iced against him and conservative with no evidence. dc,ave david in washington and david

emily: i'm emily chang and this is "best of bloomberg technology." coming up in the next hour, apple reports earnings that beat expectations with an upbeat forecast for the current quarter. we will bring you the highlights. plus, five important words. tesla says it will be sustainably profitable and cash flow positive by the end of the year. and sets yet a higher target for the model three, aiming to make 6000 cars a week by the end of the month. still, the company managed to burn through $740 million last quarter. we will discuss. an investor is buying facebook as investors flee. he tells us why he is a big believer in mark zuckerberg, ahead. just last week, it looked like the tech sector was in for a massacre. this earnings quarter thanks to a disastrous showing by facebook. then came apple. the giant surged following its earnings report as much as 9% and thursday, it happened. $1 trillion. apple became the first u.s. publicly traded company to cross the milestone. how did it get there? mark gurman has the answer. mark: after months of waiting, it

i'm emily chang. elon musk's emotional interview, he made mention of his quick trip to spain for his brother's wedding. he even expressed having barely enough time to savor the moment, saying he arrived two hours before the ceremony and arrived at teslas a factory floor immediately after. bloomberg pieced together the data. -- the details. he attended his brother's wedding in spain then took his kids to belfast so they could see the set of "game of thrones." for five days of summer, tesla survived without elon musk on the factory floor. should his relentless work ethic be defended? we spoke with the author of the best-selling elon musk biography. ashlee: if you go back in tesla'sistory and history, in 2008 at was a crisis that was like now where the future of the company was uncertain, it is going towards bankruptcy, and elon is under as much pressure as he was back then. he would give his employees a really hard time. he went after the press. he was not as famous back then. companies were not as succ

i'm emily chang in san francisco.e continued saga of elon musk wanting to take tesla private. once again on tuesday, his board stepped in, announcing that they created a special committee to review the idea. the group, made up of three independent directors, has the full power and authority to evaluate any transaction to take tesla private. tesla stopped short of any assurances they would follow through on musk's proposal. here to discuss, bloomberg opinion columnist, who covers equity markets. stephen, what do you make of the now, inat we are seeing retrospect from the board, almost a full week after the initial tweet? stephen: they are in a tricky situation. undere, no, musk is investigation, which will make it harder, even if they had, -- look clearly doesn't some at wasn't, -- funding secured if , you come in with whatever they need, $20 billion, it will be harder to get some rain to come in with that money while the ceo is under investigation. the other problem they have, if they go through with the transaction,

♪ emily: i'm emily chang, and this is "best of bloomberg technology."here we bring you the top interviews from this week in tech. coming up in the next hour, apple reports earnings that beat expectations with an up the forecast for the current quarter. we will bring you the highlights. snap reporting his first drop in daily active users. what the company is doing to stay on the radar? and google wants back in. left beijing over censorship rules and is working to do it again. but first, elon musk could be switching lanes could on tuesday, the ceo sent shockwaves down wall street after tweeting he considering taking the company private at $420 a share. the board is not surprised. the director said they knew last week about mosque's proposal, but the board and the ceo of a long way to go to convince investors this idea is credible and now wall street and washington are asking, where is the money? where is this funding? with the up correspondent. tweed violated disclosure rules? >> the sec has been clear that individuals can make announcements about nonpubl

emily chang has all of that and more in san francisco. what is your biggest take away? ily: it is really elon musk raising his own targets again, 6000 model threes a week by the end of this month. the company say they have produced 5000 model threes a different several weeks of the last quarter. this is a company that ran into a lot of production issues over the last three months. now we know they basically went overboard with robots in the factory, so they had to add a 10th and another production line which was run by humans. they are adding -- getting rid of the over robotics issues and the goal is to hit 6000 model threes a week by the end of this month. elon musk, ambitious as always. they beat on revenue. the loss was bigger than expected but analysts had expected a fairly tough quarter. on the call we had no idea which we would be getting -- which elon musk we would be getting. we got the polite one and the apologized to the analysts he cut off on the last call. he said he did not get enough sleep and that is why he was so impolite. ramy: he did say he was living i

emily: have things changed since you moved to l.a.? cyan: we see him more, actually. emily: really.you think about it, his office was right next to ours and he could walk over for an hour or so. now he comes in and is there for a full day or two. and so we actually see him in the office more as a result of him being in l.a., which is great. emily: now here in san francisco we are seeing increasing anti- tech policies, like bans on scooters, limits on commuter buses. i saw you tweeting about the promise of a silicon valley in the midwest. you know, why stay in san francisco at all? peter is in l.a. could you see the firm moving elsewhere, or do you see potential elsewhere? if so, where? cyan: it is always possible. we are not discussing it right now. i do think we have started looking outside of silicon valley for other possibilities, like the next great company might not be in our backyard. so we have looked at the midwest. we are looking at asia, we are looking all over the place. and so we are no longer location specific. so we are sector agnostic, location agnostic, stage agnosti

i'm emily chang in san francisco.'s ceo jack dorsey is being reamed for his defense of twitter refusing to take down the account of the infamous conspiracy theorist alex jones and his show "infowars." he laid out his reasoning in a series of tweets. "the reason is simple: he hasn't violated our rules." dorsey tweeted, "if we react outside pressure rather than straightforward principles, we become a service that is constructed by our political views -- personal views that can swing in any direction. that's not us." this comes after jones and "infowars" were banned from others. and we have david kirkpatrick and alistair barr. david, is jack right or wrong? david: i respect him for what he is saying, because he is at least trying to come up with some sort of consistency, but i know there are plenty of people who have been criticizing tweezer -- twitter in the last day for focusing more on being consistent in that way when it's a very big public person like alex jones and not being as consistent when it comes to the myria

changed? it is only gotten worse as far as i can tell. emilythe : political atmosphere here. this would certainly not be something that i imagine president trump would be pleased about as he is waging the trade war on china. shira: the politics are interesting. you had that clip from senator rubio, and i think he has been google on about how the one hand can refuse to do work with the u.s. department of defense on his military drone project, and all the other hand, it is willing to help the chinese government censor information from its own citizens. that is a little bit of a hard sell in some corners of congress. the politics will be very interesting, given the trade tensions or trade and beyond tensions between the united states and china. it is not even clear to me that google would be permitted by the chinese government to reenter the country with search, or with its other commercial services. emily: that is certainly another question. bob? bob i would agree with that. : one of the things we have to look at very closely is uncertainty, both

our very own emily chang. all eyes are on apple.t is the most valuable company in the world, and it keeps getting more valuable. will it hit the $1 trillion market cap mark? we have got to get it just over 207 in terms of our price to have that milestone. this is bloomberg. ♪ erg. ♪ commerzbank from bloomberg's -- day, italy up by 1.7, germany up by 1.5. euro stocks down. why? trade tensions. this is what drags down -- despite good numbers coming from the likes of barclays. greek 10 year seeing 20 basis points higher. 12 to 130 year up basis points. it seems there's concern that japan's volatility getting up tick in yields. will they buy european debt as much as they have? the weakest bid to color ratio that we have seen in a decade. it is the concern about this that drives the selloffs and widening. big moves across the foreign exchange. let's have a look at some of the stocks that are on the move. some numbers look good. metro currently up almost 10%. this helped offset some of the falls in the tax. finally, russia is turning arou

emily: i'm emily chang in san francisco. this is bloomberg technology. apple reports earnings that beat expectations and gives an upbeat forecast for the current quarter. all the highlights from the results and the call. facebook detects political interference on its platform ahead of the u.s. midterm elections. what is the social network doing secure it -- to secure it self? tech is gearing up for the earnings results wednesday. can elon musk win over skeptics on production issues and his leadership? first, to our top story, apple shares spiked after recording third-quarter results. they beat analyst estimates on revenue raking in $53.2 billion and forecasted strong guidance for the current quarter. the iphone itself sold fewer units than expected, but the average selling price of each iphone was strong. the company also reported services revenue by the app store and apple music and products like your pods in the watchpods and hthe apple continue to make good progress. dan is our senior analyst and a market correspondent with us. let's start with dan. l

emily: meantime, you have been working together a long time. you mentioned brogrammers earlier. why isn't the venture capital industry changing faster? t hard for venture capital firms, top-tier firms to find talented women that i know are out there? mike: in our defense, two of our four partners are women. emily: you are not one of the ones i'm talking about. mike: what i like to say, gandhi had this statement, "be the change you want to see in the world." i think our first job is to have our own house in order. ann is doing a lot of work, trying to help women help each other get ahead in silicon valley, but also enfranchise men in helping them as well. emily: what about everybody else? why is it taking them so long? mike: well, i just think change takes longer than we like. i think we all try to do the best we can to be part of the solution to that. it's hard for me to tell other people how they should do their job and run their business. i try as best i can to work with our team to do our job well, and then just try to be a positive force on the rest of it. emily: we talked a little bit about what's hot. what's not? what's overhype

emily: emily chang in san francisco. back to the top story at the moment.d-quarter results were not terrible. tesla lost three dollars per share. they knew it would be a tough quarter. tesla cash was lower than the expected $900 million. we can't ignore model reproduction as it is going and the right direction meeting and beating targets. production hit 5000 cars per week multiple times in july. musk predicts 6000 by august. now we are expecting musk to jump on. they want answers about profit. standing by to bring you all the headlines from call. meantime, what are the headline take ways here? >> we are excited for the call. we are very much looking forward to more news about the china factory. they said china is one of the largest markets for a visa. it is also the largest for autonomous driving. we think that is the largest market opportunity ahead of tesla. we are looking forward to that. they could raise capital to support that. we are ok with that. we want them to get as many cars on the road to build their network. emily: this as trade tensions contin

change. it will make facebook safer for everyone over time. emily: facebook discovered these pages acting on a tip from a cyber security firm and we certainly know they bumbled their response to the 2016 meddling. is china doing this as well? could north korea be doing this as well? could north korea be using facebook and similar actions in other countries? jordan: sure. it's good that we see a different facebook now than we did before 2016. a lot of executives dismissed this idea of fake news as being something that would be relevant. we are seeing a very different facebook. they are being proactive and promoting these efforts. ultimately, it is a really good thing and reminds us these efforts are out there. to your point, there is no reason to believe other countries are not using the platform for the same purposes. from facebook's perspective, this is a hard problem to solve like the russian examples in 2016. they pretended to be black lives matter activist pages. their propaganda did not look to do similar actual promotional materials for black

that can change the trajectory for some of these stocks. emilyi have a chart showing how apple has a bigger market value than four of the s&p 500 sectors. tony, how big of an impact will this have on apple? how do you expect apple's business and market value to evil given that this is still very much an iphone company and arising services company. tony? sectorn terms of reclassification, there might be turbulence as those sectors get reallocated. areportfolio managers really used to focusing on individual securities. and do tmt, telecom media technology together. together, there will not be an impact on stocks. what does apples large-size mean going forward and how do we think about the name? is a number but does reflect the fact that apple is a very big company. it is much more difficult to grow a large company than it is a smaller company. highest growth days are behind it. challenge is, can you continue to develop products and services that can push through what is a great band name -- brand name and loyal install base? the question i hear whe

change. evan is who he is. emilyyou make a good point in your story that with facebook and twitter battling fake news and misinformation, online harassment, this could have been snapped's moment to shine, but they haven't been able to take advantage. why not? sarah: evan thinks the core of it is that snap has not communicated to the public how different they are from these other players. emily: isn't the product itself supposed to do that for them? sarah: yes, but the product is hard to use. they don't really advertise it. it is one of those things that its coolness comes from trying to figure it out and understanding where to swipe and how to really learn to communicate with it. that is why it is so popular with young people, but their parents are befuddled. so they have added polythorp to the board, one of the people they hope will help them tell the brand story. evan spiegel has been talking with his mentors on the board, a coach who has coached other managers through tough times, and he says he is committed to tr