i am emily chang in san francisco. this is "bloomberg technology." ube driving forwardr -- uber driving forward with a takeover. and plus, first production, nondelivery a problem for tesla. elon musk tweets an apology to a customer waiting for her car. and it is the 60th birthday of --, we talked the ceo about staying competitive. first to our top story, uber said to be in talks to purchase its rival kareem, which could rival $2 billion. kareem says it has 50 million users and almost one million drivers across 14 countries. not the first time they have considered a deal. in july, the company's were talking about merging their middle east operations. joining us is our tech reporter, eric newcomer, so what do we know? eric: uber is insistent on only growing at this point. for much of its history, it sold its businesses in china and southeast asia, so now india and the middle east are areas where uber is competing fiercely and now there are talks about whether uber could purchase kareem, its main competitor. emily: talk a

i'm emily chang.♪ >> our top stories this morning, president trump turns up the heat on china. go into effect next week. beijing has already threatened to respond in kind. egyptian stocks slide into a bear market amid growing emerging market turmoil. the nation has also canceled three consecutive treasury bond auctions. as her break for moon meets kim jong-un in pyongyang. couldn't help revolve does revive the poll numbers -- revive the poll numbe

bloomberg, emily chang will pop up. we get search results based on our behavior. whoever did that search for trump clearly read the new york times and watches cnn and that is why it popped up. not because google is bias. i don't fear a financial impact. i think sarah is right that companies who promise something and do not deliver, stocks go down. the solution is do not promise. did not mean to talk about five years out because he does not know. remember what amazon did a few years ago. they were losing money, doing stupid things like the fire phone. the stock was in the 200s. as soon as they stopped spending their profit dollar growth, the stock is up 500% in the last three years. if facebook decides to do the same thing, its stock will go on a pretty steep, upward trajectory. emily: michael pachter we never know what you are thinking and now we know what you are watching. thank you as always. and, sarah frier, thank you. a story we watch, cbs is in talks that could lead to the departure of the ceo. cnbc says the chief

you need emily: i am emily chang san francisco. this is "bloomberg technology." in the next hour, amazon is in the sights of eu antitrust investigators. will they follow in google's footsteps and face it? jeff bezos in an interview on why he does not take meetings before 10 a.m. home where retailers caught up in tech retail disruption. we hear from neil montgomery on how social media is boosting engagement. to the top story, amazon is in the sights of the european union trust investigators. they are looking at how the online retail giant collect data from other retailers selling on its platform. and specifically whether the data gives them an unfair advantage. withore, we go to brussels natalia. talked to us about what the eu is looking at here. is still very early days, but they said particular concern is whether they are looking at amazon's dual role as a platform and a merchant in its own right. the question is whether they might have access to data or information about customers and that could give them an advantage as a merchant and better compete with those

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emily chang is here. what was your key takeaway here? caroline, i have come back from inside of the theater where i got my hands on the new phones. the upgrade to the iphone x and the big one. they are brand-new, upgraded. that said, i did not see a huge difference between the iphone xr xs.iphone that is what has investors confused. if they are similar, why do not people just gravitate toward the cheaper model. a lot of people say they are buying the big one and the cheap one. --ding the middle phone there is concern that more consumers could graduate toward the lower end. that said, apple has intelligently released the two more -- phones first. the cheaper phone you cannot get until the following month. iphones are very much upgrades to the iphone x. not a lot of huge new bells and whistles, but the higher price point is going to push apple's revenue higher depending on the mix. joe: were there any surprises for you today? emily: not a ton of surprises. one thing that had some of us keep your folks -- some of us abilities theyas added t

emily: i am emily chang in san francisco. this is "bloomberg technology." in the next hour, the battle of the chilean air tech titans. apple fans get their hands on the latest iphones. who will dominate devices of the future? plus, facebook pulled back on presidential campaign support after the uproar of help it gave candidate trump in 2016. and, gap in the family of brands age -- one to reach all ages and demographics. first, to the top story. it might be the biggest day of apple diehards. it's the first time they can get their hands on the new iphone. alto werein palo greeted by tim cook. perhaps the line was shorter due to online delivery and there is not a big design overhaul this year. just bigger, better, and it cheaper versions of the iphone x. this is all going down one day after amazon had its own a massive device launch yesterday featuring voice activated home appliances like a microwave and more. which of these tech titans will dominate our connected lives in the near future? i have andy cunningham to answer that. he was one of the people who hel

i am emily chang in san francisco. this is "bloomberg technology." big tech takes on washington as jack dorsey and sheryl sandberg testify before the senate. how was this different from when mark zuckerberg was in the hot seat? plus, one big name missing from the hearing. what senate intelligence has toee, mark warner, say about google being a no-show. 23 and me's quest to cure the world's diseases. a big-time up with world farmer could provide the key to new drugs and treatment. big tech takes tenor -- center stage on capitol hill. they face questions from the senate intelligence committee over social media and russian election hacking. so aly absent is google symbolic third chair was left empty and lawmakers openly expressed their disapproval over being snubbed. otherwise, the discourse was -- more civil than the mark zuckerberg trial. >> russia used social media as part of an "comprehensive and multifaceted campaign to undermine democratic institutions and interfere in u.s. elections and those of our allies." we wer

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emily: not a huge design change. what are the upgrades? >> if we step back and look at the history of the iphone, every year they have upgraded it. this must be the minimal -- most minimal upgrade from one model to another. the differences between iphone x and iphone x s are the slimmest i have seen. the case is the same, they added a faster processor and slight tweaks to the camera. on to you got your hands look and i did as well. one of the things that struck me is that the cheapest model is not that much different to the middle model. why would consumers by the thousand dollar phone when they can get it for 750? mark: that will be the key for apple. it is more strategy than features. they are bringing the best of the iphone x to the cheaper iphone 8 design this year. do your point, there is not a lot of differences. at $750, $250 less than the iphone x, this will be a good seller. emily: i like a big screen. at big one felt light and is $1100. will people pay it? mark: i think so. people had been paying for the smaller iphone x last yea

emily chang looks at the process behind it. ♪ the next state in the u.s.ational marijuana is gearing up slowly. in sales are legal massachusetts as abdul i first, but by law, it cannot be sold of july 1,d -- as but by law, it cannot be sold until tested in a lab. >> the biggest heart is the life -- is the license to test it. before him be sold, it has to be tested. emily: now it can. the labn straus runs that has been testing marijuana since 2015. >> we have 13 or 14 clients in the medical marijuana space. flower,lients send concentrates, and edibles from their grow house for testing before selling to medical consumers that their dispensaries. we are probably testing six seed samples a day. we expect that to go crazy once recreational comes on board. i imagine we will triple or quadruple our samples, probably in the next year. science officer breanna cassidy oversees testing in the lab. testing takes between 48 and 72 hours. test marijuana is key to the business plan. one uses a petri dish to show harmful microorganisms. >> we get a snapshot of the dna, at

emily chang, bloomberg, san francisco. haidi: emily chang there for us. $1 trillion market cap club. we are getting breaking news -- sarah in austin to dissolve the troubled head corporation known for claims when it comes to devising blood tests that can be done by pharmacies. elizabeth holmes facing investigation on this business and the way that what's conducted as well. we will get you more details as this story develops in the meantime, a quick check of the latest business flash headlines. selling its 4% stake in abu dhabi national oil corporation. the south china morning post says the china development bank is putting the stake up for sale. bondeo has released two payments after the chairman and founder came under official investigation. rishaad: reporting amazon briefly joining the other trillion dollar company. just got apple in its lounge, adding more than $430 billion to its market cap alone. jeff bezos property $67 billion the last eight months, that gives them a net worth of $167 billion on the bloomberg billionaires that lurk. market cap and t

i'm emily chang.rg. ♪ xfinity mobile is a new wireless network designed to save you money. whether you use your phone to get fit. to find meaningful, thoughtful, slightly-weird gifts. or just to know which way you're facing right now. however you use it, your wireless bill is about to cost a whole lot less. ask how you get xfinity mobile included with your xfinity internet. so you just pay for data -- by the gig or unlimited. saving you hundreds of dollars a year. plus, get $300 back when you buy a new smartphone. xfinity mobile. it's simple. easy. awesome. click, call or visit a store today. comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought

i'm emily chang.to our apple coverage today, revealing new phones and changes to the apple watch. the company delivered what was expected, it's upgrade to the iphone x with the xs, xs max, xr. audiences were surprised by the new apple watch, here to tell us more about the watch and all creative strategy, caroline. we were talking about the watch. you think it is a big deal and could bring in new customers and skeptics. >> absolutely. the redesign and the face is different because of the complication, it can be a richer experience. it is more powerful. it is simple. it might get some people excited. it is a smart idea to keep the third generation in the portfolio for the people that tried it. or that people who have been waiting, kind of a dipped her toe when the water move. and the health side is important. how long before we can actually get insurance to pay for it? emily: i know a lot of people who got the first generation and tossed it aside. they felt they did not need it. can those people be conv

emily: i am emily chang in san francisco. this is "bloomberg technology." the dream force conference. we hear from an outspoken ceo on his new co-ceo, and the responsibility tech leaders have to shape the world. plus, filtering out. instagram founders are leaving facebook. this is raising concerns about the future of the platform and its competition with snapchat. and, the google ceo heads to washington to meet with washington officials behind closed doors. can he convinced there is no left-wing bias at google? salesforce kicks off its dream conference with a record 100,000 . attendees.- 100,000 the cofounder has bought time magazine and he is open be salesforce tower, the tallest building west of the mississippi, and he's taking on a co-ceo. we sat down with him on a wide-ranging interview. he did not hold back his strong opinions. asking why he decided to share his job and title with his new co-ceo. >> he is fabulous and has been with us for five years. and ia great operator feel like he needs to be recognized. the company-ceo and is now more successful t

emily: i am emily chang and this is "best of bloomberg technology " where we bring you all of our best interviews this week in technology. we speak exclusively to the ceo on the outfitter's newest friend. and building to be the world's largest payment network. thanacing more disruption ever, arthur kelly lays out his strategy. the retail industry also battling tech changes. hear more from crate & barrel. over the last 46 years, gap has grown from a single store to a global business. with 3300 brick and mortar stores, it is betting even bigger on the future of e-commerce. it introduced six new brands. i sat down with the cap ceo to talk about the new men's leisure brand. and to talk about his strategy on a gap come back. >> we have been fairly forthright in saying the importance of old navy in our portfolio today. if you look at size and profitability, it has already surpassed gap grant. brand, is still very relevant to our consumers. it is 50 years old. brands morph and eve all. gapre trying to position brand back to its core. i love every brand in our portfolio. we have been very fort

speaking to emily chang. we have a look at what is going on aviation wise. bloomberg.vegas, donald trump rallying his party. gop to pursuehe elections. a few more headlines once we do have them from that rally. let's have a look at med chavan it. buy --pany has agreed to for $1.6 billion. this acquisition is expected to close in the third fiscal quarter. they expect the deal to modestly weekend -- keep supplyct to tight. sources telling some soon, -- samsung, that is the forecast made earlier this year. >> wells fargo is expected to cut staffing levels by 5-10% as they try to recover from a series of scandals. employees -- the number has been declining. close to the, 1.5% 27 year high. >> it has been roaring back to life. the nikkei, wrapping up the session. continuing to see the dollar yen .rade forably the wrong time investors to actually leave. we did see a bit of extra this global came to investors. reaching about 40% of the tokyo exchange right now, coming down right now. a lot of questions here on how much longer this will go on. this is bloomberg. ♪ i'm all abou

emily: i'm chang commang in san francisco. this is "bloomberg technology." coming up, amazon, we are at the opening of theecommerce giant's new four-star store in new york. plus big vision for tech funding is getting bigger. we'll hear what lies ahead for the $100 billion fund. and what has reporters clashing with mark zuckerberg. what is going on inside the social media giants? amazon opened a new store in new york city thursday featuring top selling and highly rated products. this is their first effort at physical stores where most consumer spending still occurs. the store will feature device, toys, books and games. all products that customers have rated four stars or above. we're joined by amazon's physical retail vice president, cameron james. only interested in going into brick and mortar if this store can differentiate itself. what is unique and different about this store? >> thank you for having me. what is different is we have really built this store around our customers. it is a direct reflection of our commerce. not just what they are buying but re

i'm emily chang.tractor martin is looking for drone racing for the next advance in ntelligence. >> this is an -- a.i. challenge. we're partnering with the drone racing league to compete essentially the best a.i. against the best human drone -- so for anybody that has seen drone racing on tv, we're raising the bar there. we're challenging people out here at the conference today and around the world to develop the technology that will not allow an autonomous drone to meet and beat the human race. emily: there will be no human intervention? >> once it works, it has to go n its own. it has to navigate and complete the course as fast as possible. these are speeds up to 90 miles an hour. emily: the technical challenges making this possible? >> a couple of things. like i said, this is all about putting complex and high-powered computing into a compact lightweight and power device. these are small drones moving at high speed. they are going into -- you have seen on tv, these drone racing courses. these are co

i am emily chang. this is the best of bloomberg technology. we bring you all of our top interviews in technology. marc benioff on his new co-ceo, his new magazine, and the responsibility tech leaders have to shape the world. filtering out, instagram's founders are leaving facebook. rising concerns over the future of the social network and competition with snapchat. congress and big tex agree on the stronger need for digital privacy laws. how strong will those privacy laws go? we will have the latest. salesforce kicked off its annual conference this week in san francisco with a record 170,000 attendees. this year, there outspoken cofounder marc benioff had a lot to talk about. he bought the struggling time magazine. co-ceo, promoting chief block to the top job. we sat down with him for a wide-ranging interview on the company, the economy, and facebook, a company he says it should be regulated like big tobacco. i started by asking why benioff agreed to share his job and title? he's fabulous. he is a grea

i'm emily chang from san francisco.berg. ♪ >> welcome to "bloomberg daybreak: australia." >> were counting down to asia for major market opens. haidi: these are the top stories we are covering in the next hour. war, back in the trade targeting 60 been dollars worth of trade war goods and global equity markets rising.

i am emily chang in san francisco.omberg. ♪ >> the following is a paid presentation for the power air friar of an brought to you by tri-star products. announcer: we introduced the power airfyer and it becomes possible to enjoy the crispy, crunchy, fried food you love, guilt free. millions were sold and the five-star reviews say it all. people love the power airfryer. now, air frying is taking a quantum leap forward. introducing the power airfryer oven. the full oven that can air fry 75% more than traditional air fryers. air fry chicken strips wings and curly frie

i am emily chang in san francisco. this is "bloomberg technology." theng up in the next hour, crypto crunch, digital currencies have taken a $400 billion hit since january. we ask where is the crypto roller coaster heading next. plus, a countdown to the next iphone refresh. we will preview wednesday's big launch. and, president trump expected to roll back methane protections, one of the most potent greenhouse gases just as california based on the challenge for 100% green power by 2045. to our top stories. 640 billion dollars, that is how much cryptocurrencies have lost in value since january. trading values have plummeted more than 80% in the same timeframe. the results, some of the guest cryptocurrency exchanges are turning to unorthodox practices to boost productivity. here with us we have our guest in new york, the cohost of bloomberg's "what'd you miss?", joe weisenthal. joe, i know this is something you follow very closely. it is not just the value, it is the trading volume. is this the bottom? joe: i have no idea

i am emily chang.rite went public on the new york stock exchange raising stock as much as 68%, and raising $230 million in its debut. we spoke to the ceo and cofounder julia hearts about the big ticket punch in wall street. julia: we have been able to talent for investors that the investors thator the vast market for experiences is vague and underserved. receive 45% of our new event creators coming to the platform after not using a technology platform. i think that come alone, tells us that we have been able to uniquely aggregate many different types of event creators who just before eventbrite had not been served with great technology. emily: it seems like everybody is pushing into this experiences business, whether it be spotify, airbnb. how does the the committee eventbrite differentiate itself? julia: we have been able to be unique in that market because of our self-service approach. 95% of our event creators are able to use the service & themselves up. that natural behavior allows us to continue t

i'm emily chang.se contractor lockheed martin is looking for drone racing for the next advance in intelligence. we caught up with the company's chief technology officer keoki jackson at the techcrunch disrupt event in san francisco this week. >> this is the autonomy of a.i. challenges bringing back to the world of high speed play. we are partnering with video and drone racing league. if you see this on tv, we are raising the bar and raising the excitement level. we are challenging people out here at the conference today and around the world to develop the technology that will allow autonomous drones to meet and compete in a complicated race. emily: there will be no human drone intervention. keoki: once it goes, it has to work on its own. that is what we call edge computing, to navigate and complete the course. as fast as possible. these are speeds up to 80 miles per hour. emily: talk about the track that you use and the technical challenges about making this possible. keoki: a couple of things. it is

i'm emily chang. president trump has been focusing his ire on tech giants.s there more to this threat? we will talk about it with reinke cello of pennsylvania. and companies feeling the heat as china pushes to regulate screen time. but can the country limit how long kids play games? and a huge blow to scooter mania in san francisco. they blocked the biggest names from operating in the underdogs beat out the guys. first of the top story. president trump railing against big tech in an exclusive interview with bloomberg. "i won't comment on the breaking up, many people think it is a very antitrust situation, but i won't comment on that," the president told us. he continued to hammer that point home at a rally later on in indiana, all this following a string of tweets where the president accused social media companies of silencing conservative voices, in an action known as shadow banning. he claimed without evidence that google search results are biased against him. for more, i want to bring in shira ovide in new york, and david mclaughlin, our antitrust reporte

. >> emily chang covered all of that with marc benioff.e is a real highlight from their interview when they discuss facebook and a new era of corporate responsibility. >> facebook but instagram six years ago. we know the founders are leaving. this was a bright spot for the company. is that a bad sign for facebook? assignment something has gone wrong? >> it is a sign they need to start paying attention. i have been talking about this for months. our industry has changed. every ceo needs to ask themselves, what is the most important thing to you? what is the most important to your company? what is your highest value? our highest value in salesforce is trust. nothing is more important than the trust we have in our employees and partners and top executives. when you see top executives walking out, you see customers questioning your privacy practices, and how your news fusing -- misusing data or partnerships you need to listen and wake up and say, what is going on? i'm not going to call out any one company has to change. for every ceo in our in

i am emily chang.musk has made a dramatic u-turn on his controversial attempt to take tesla private. after almost three weeks of fever pitched excitement, elon musk wrote a blog saying that the electric carmaker would remain public. he knew the process would be challenging, but it was clear it would be more time-consuming and distracting than initially anticipated. after discovering these factors i met with the board of , directors and let them know i believe the better path is for tesla to remain public. with the distraction out of the way, analysts expect the folks -- the focus to return to the fundamentals, tesla's ability to sedanst its model three at a steady pace and profit on the car. a chief investment officer and bloomberg businessweek's reporter joined us for reaction. >> he said when he tweeted that funding was secured, but if you look at both his statement on -- and the reports that came out, you know, it was not there. and you know that aside, this , deal did not make a whole lot of sense

i'm emily chang.ooks like big tech and congress agree on one thing, that there is a need for stronger consumer digital privacy laws. take a listen to what at&t's senior vice president for public policy told senators on wednesday. >> at&t welcomes today's conversation. we believe it is important for congress to weigh in on the issue of privacy, and provide consumers and business clear national rules on how consumer information is shared, used, and protected. regardless of the company that collects it. we are not newcomers to this position. and now there appears to be growing agreement about the need for a new and comprehensive federal privacy law. emily: cali was one of six representatives from big technology companies who testified before members of the senate congress committee. and while they agreed with senators on the need for new regulation, they differed on the details of how those new laws need to work. we spoke to the ceo of the internet association, a tech lobbying group that represents amazo

emily chang. >> it happened briefly. attempts toinuing reenter china. one-time former president how hard it is for big attack on both sides. >> google would like to have products everywhere. , missing a biga piece. having said that, back to china, not easy. we do not see many examples of successful tech. probably the single example. more of a hardware product. chinese companies having much success. we have developed to a point where china and the u.s. are parallel universes. yourtack of software on phone, building a good app, totally different. it is not easy to build an app to the u.s. to read google build one for china. >> what would your advice be? ads on the social network. there might be an american product that does not exist. bestwould probably be the approach. i would suggest, if it is american giants could partner with a chinese company. tencent search, powered by google. baidu social product. you have a local partner who knows how to succeed. follow regulations more precisely. >> can you imagine having those? speculate they are. even at google

emily: i'm emily chang in san francisco. this is "bloomberg technology. the u.s. and china hunker down for a long trade war. as the latest round of tariffs hit, bringing more tech into the firing line. plus, siriusxm buying pandora, giving the satellite radio company a leg up in the ompetition with spotify. and a deal to bring more business to the iphone and ipad. first, the world's two biggest economies are digging in for what could be a long and bruising trade war. the latest u.s. tariffs on $200 billion of chinese goods came into effect just after midnight eastern monday. with china responding with duties of its own on $60 billion of u.s. imports. this hits the tech world after some heavy lobbying by apple and others, however, other goods got a reprieve this time around. let's talk about all of this with selena and amy. a principal of albright group leading the team in washington and previously senior director for china affairs at the u.s.t.r. first of all, how long is this trade war going to be? >> well, i don't think anyone can see the end in sight at this po

i'm emily chang.n held another surprise product launch this week and what is looking like now an annual affair. the senior vice president joined me immediately after the new lineup was revealed. david: the new echo dot was a great product for us. it's been the best-selling speaker ever. now we've improved it a lot of different dimensions, and we think people will love the formfactor and better sound. also, the new echo show has a bigger screen brighter display , and it continues on our past -- our path to have alexa show you things. i would be remiss to talk about alexa auto. it's a new product that brings alexa into your car. emily: we have to talk about the microwave, perhaps the most unexpected product you unveiled today. how does it work? and why do you think this is a good opportunity for amazon? amazon basic microwave was about building a reference design to show you can connect just about anything to the internet and make it smarter. i mentioned earlier today that the interface on your microwav

caroline: very passionate their speaking with emily chang.hat interview on bloomberg technology. the rupee continues to sink. india's plans on their currency is ahead. this is bloomberg. ♪ joe: it is time for asia ahead with shery ahn. india is set to be looking to cutting imports on goods. what is going on? what is up with the rupee? >> it is in a freefall right now. they have hit record lows around 70 per u.s. dollar. we are seeing them try to them bolster the rupee. they are trying to cut imports of goods including a comics and capital goods. includinga wide -- capital goods. -- i thought was this was a healthy emerging market. shery: the india stock market was the best-performing of the year. now, you can see the correlation between oil and india stocks being the most negative in more than a year. ,ou can see when brent rises crude prices rise, people are thinking sell indian stocks. caroline: the indian rupee is the worst currency. how much could cutting imports help? trying to look at the dollar spending going into this and trying every

. ♪ ♪ emily: i am emily chang and this is "best of bloomberg technology."up, our exclusive conversation with keith block. has first interview since being named ceo. president trump's campaign against what he is calling unfair search and social media. what are his next steps and our technology companies responding? elon musk has made a dramatic u-turn on his controversial attempt to take tesla private.

. ♪ ♪ emily: i am emily chang and this is the "best of bloomberg technology," where we bring you alliews from this week in technology. coming up, big tech takes on washington as jack dorsey and sheryl sandberg testified before the senate. how is this different from when mark zuckerberg was in the hot seat? plus, amazon joins the trillion dollar valuation club. the air is thin up there so how will the e-commerce giant amazon fare alongside apple. bumble puts women first in the dating game. now the company is turning that attitude towards invest

it takes real money to change the world. emilys from homeowners, fix them up, and turn them around. what sort of trends are you seeing in the real estate market given what is happening with rates, the administration, the stock market? >> we are adding one new city per month. by the end of next year we will be in 50 plus cities. we have seen markets move differently in the united states. san francisco is a unique real estate market. the prices here are four times the national average. overall, i think at the high-end of the market, which really is not mainstream, there has been a softening of several million dollar homes. in the mainstream part of america, people want places to live, they want to upgrade, want an extra bedroom for their kid, want to move to a better job. none of that has changed, so the number of houses being exchanged isn't changing, at least right now. emily: where do you think the market is going? >> i think the market is still likely to have depreciation across the board, especially -- except at the top 1% of h

expectations of what kind of change we can see in the short term, but in the long term, i see the bigger change. emilydramatically changing the future of work. in many ways, it increases flexibility but also means that we are connected to work on the time. do you think about the irony of that? stewart: oh, yes. when your company has cultural really serious cultural problems, slack can make it worse. if there is a high level of trust and respect, high-level communications slack can make it , even better. future work is, when you look at people in other individual functional roles today versus decades ago, they are massively more powerful in their ability to get things done. thatwe haven't seen is dramatic improvement in what ends up being a limiting factor in performance, is communication. how difficult it is to gain the alignment you need. because the difference between the best and worst performing teams is far greater than the best and worst performing individuals. concentrated our work on the individual worker productivity and time management skills and to-do lists, getting things done, things like

expectations of what kind of change we can see in the short term, but in the long term, i see the bigger change. emily dramatically changing the future of work. in many ways, it increases flexibility but also means that we are connected to work on the time. do you think about the irony of that? stewart: oh, yes. when your company has cultural really serious problems, slack can make it worse. if there is a high level of trust and respect, high-level communications, slack can make it even better. future work is, when you look at people in other individual functional roles today versus decades ago, they are massively more powerful in their ability to get things done. what we haven't seen is that dramatic improvement in what ends up being a limiting factor in performance, is communication. how difficult it is to gain the alignment you need. because the difference between the best and worst performing teams is far greater than the best and worst performing individuals. we have concentrated our work on the individual worker productivity and time management skills and to-do lists, getting things done, things

emily: live from apple headquarters in cupertino, california, i'm emily chang. we are covering the big event here at apple. i want to welcome our listeners worldwide, we are bringing you the latest from the ground, from the apple product event. the company has unveiled new watches with significant new health tracking features. take a listen to what jeff williams touted about the health benefits. >> one of the leading causes of injuries world wide is falls. whether you slip off a step ladder or trip on a curb, a hard fall can be serious and it can be difficult to get immediate help. well, now apple watch series for fourd tacko fall -- series can detect a fall. [applause] emily: david kirkpatrick is with us, also with us, pierre c ferragu, from london. fda clearance they can to tacko fall and has an electrocardiogram feature. various features that can detect the irregular rhythms of your heart, a low heart rate. pierre, what's your take? unsurprisinglye delivering a very good pot -- product. the apple watch the latest wrong innovation product. i'm not surprised to

emily: i am emily chang, and this is "best of bloomberg technology," where we bring you in technology you all of our top interviews from this week in technology. we speak exclusively to the gap ceo on the outfitter's newest brand. and building to be the world's largest payment network. but facing more disruption than ever, alfred kelly lays out his strategy. the retail industry also bat

emily: i am emily chang. in the next hour, where is larry? google continues to be hammered over conservatives alleged bias. why is he not defending his creation? and starbucks is going greener. it is pushing into renewable energy. you will hear from the ceo. and driving toward an ipo, we will speak about progress toward going public. site on curious election meddling. sheryl sandberg and jack dorsey sat next to an empty seat. the committee wanted larry page there, but he turned them down. that did not sit well with virginia senator mark warner. >> i am deeply disappointed that google chose not to send its own top leadership to engage the committee. i know our members have a series of difficult questions about structural vulnerabilities on a number of google platforms that we need answers for. a time when google is getting hammered by conservatives for allegedly being biased against them, it makes you wonder why is larry page not out there defending his creation, like mark zuckerberg might have done? that is the question posed by this week's c