emily emily do you like death, do you see beauty in it, peace , the embodiment of the cosmos do you think'm crazy no, i see money in death , only money. i work with the death of a profitable business. that's a pity you're not so romantic. you would understand my husband, he killed in the name of some ideas, an idiot and died like a clone blew himself up and not a single policeman was injured. m-my me named emilia wants money by the way, the share was ordered by a pharmaceutical corporation. a real virus, yes, what lady shahida wants my other me named shahida, i myself do not know what she wants. this is crazy. it's time to raise the team. what are you doing? sit our business cargo. hey, we didn’t subscribe to mokruha. not understood. gentlemen , don't shoot, i've got my container van keys. here , let's open it. military van yes, i see. what to do? i just don't know how and when. it wasn't here. what kind of money do we have an agreement to give the goods, winding to gauguin. and who are you? from birth, the son turned out to be too swarthy for his mother, dark-haired and brown-eyed. he wa

emily kaplan when she asked nathan mackinnon what you do to win, and he said, you get yourself a cale makar. >> emily: what are your emotions right now? >> well, i just look at the guys the, and all of the work that these guys put in. i mean -- all right! just all of the work with e.j., and nate, and landy, and mee koemeeko, and all of the years of the ups and downs and the hard work to be rewarded, and so proud of the boys. it is awesome. >> emilywhen you finally got to lift the cup, what was going through your mind? >> well, you grow up, and you see that thing as a kid, and you have pictures of it on the wall, and all i can think of is everybody who got me here. my family is in the stands, and it is amazing wherever they are. and it is surreal. it is amazing. >> emily: before the series, you sthad the tampa bay lightning, they are a team that is looking to continue a dynasty, and we are trying to create a legacy. what is the legacy of the colorado avalanche right now? >> well, it is building over time, and i feel like for us, i have been here only three years and a couple of tough exits in playoffs and all leading up to this. oh, man. it is, if you told me this is three years in, i would have said, i don't know. but they have done such a great job to putting together a great team, and it is amazing. i don't have any more words. it is amazing. >> emily: okay. one more quick one, what have you always wanted to do with the cup? >

nobody wants to do that, so they rather get into a car where the have the promise of freedom, but they'll be stuck in traffic. (emily manco) o.k. (sophie fouron) let's do this. hello! (emily manco) we have a very eclectic mix of food here, just at this one restaurant. taco rice is a mix of rice and taco meat. - it's so okinawan. - it's very okinawan. it's a mix of american food that is not quite american, mixed with an okinawan feel to it by adding the rice. - well, you can have my french fries. - yeah. - look at that! it's one layer okinawan, it's one layer american and it's one layer mexican-american. (sophie fouron) what's a guy like you doing here? (chuck de cesari) i came here when i was 23 years old. i was in the marine corps. i spent three years, did a mediterranean tour, so i got to see europe. and my last year, they sent me over here. i did not want to come here. i knew i hated japan. i knew i hated the marine corps. there was no way i was ever going to be happy on okinawa. i didn't like japanese people. i didn't know there was a difference, you know? i didn't like anybody. - because of second world war? i mean, because of the whole history between americans and

do technology. emily: what is the other one? zak: we let them watch netflix for kids. emily: okay. o you think you can do it better than the other guys? there was a huge outcry when instagram announced it was going to try to do instagram for kids and it ahs bee -- it has been permanently on pause. zak: we built zigazoo ground up for kids, by kids. every single decision in the product is made with kids in mind. obviously we know that is not the case with a lot of other social networks. one of the things we keep hearing from reviewers of our platform is when we go on zigazoo, we are stunned by the fact that kids' childhoods are being preserved. there is no commenting and no negativity on the platform. we have only opportunities to shout each other out. kids are being goofy, sharing their funniest jokes, laughing, singing, dancing, beings kids. at the end of the day, technology is here. if we try to prevent kids from using it, it's not going to work. what we need to do is give them the guiding principles and the right guardrails to be able to be kids and protect their childhoods in a w

emily wilkins. what do we know? emily: we know that this was a major ruling. we are still waiting for details on how big it is going to be. we know that this is certainly going to have an impact on what president biden can do in actually getting his climate agenda done. this is over concerns on whether the e.p.a. can regulate a mission from power plants -- emission from power plants. how far will the supreme court go today? they could go to the point where this is going to not only impact the e.p.a. but numerous federal agencies. really put limits on what a president's going to be able to get done. alix: o to dig into the reading. the supreme court is curbing the e.p.a.'s climate authority t says that the e.p.a. cannot seek a shift to cleaner sources of power. this really goes to the legality of what the clean air act can really do. regulate within your fence and your emissions or can it regulate what kind of energy you have to use? it appears that this potential decision is weighing against doing anything outside your fence. emily: that is going to limit what the biden administration is going to be able to do. we have already seen their climate agenda stumble in getting through congress. it's not clear the democrats are going to be able to move anything. certainly not clear they are going to be able to do so after the november elections which is supposed to be in the favor of republicans. this could make it very, very difficult for biden to move forward with his climate goals. it could impact how the u.s. and to a certain extent the u.s. allies see the u.s. in approaching climate. goip -- guy: talk about that. we were in glasgow. the u.s. was there. it was selling pretty ambitious targets. where does the rest of the world now go if the united states cannot follow? emily: one of the things that president biden wanted to do when he got into office was to bring the u.s. back as a leader on climate in the world stage. you saw him re-engage with the paris accords, talk about climate. if he doesn't have a congress th

we can do this with emily wilkins in washington. emily, taxes are very state to state. are we waiting in taking a tax holiday? emily: in a couple of states they are debating this in terms of taking a tax holiday from potential gas prices, but at the federal level the main concern from speaker pelosi has been if they were to take a holiday it doesn't necessarily mean these oil and gas companies are going to pass the profits down to the consumers. there is additional concern that these taxes are used to help fund highways. we just passed that major infrastructure bill. they want to make sure there is funding there. tom: dumb question of the morning goes to you, emily. did the democrats support -- and, frankly, the republicans -- did they support our president traveling to riyadh? anastasia: there is some debate about -- emily: there is some debate about what biden should be doing, how he should being engaging with the government there. it is one of these things where the realpolitik is dominating the moment, the fact that everyone knows gas prices are a high concern, tryi

do that. emily: and taking notes and sending them back to your team. tekedra: of course. emily say five years, where is waymo in five years? tekedra: in a lot of cities. emily: how many? tekedra: i don't know. and a lot of cities. we have ride-hailing. our trucks will be on roads moving goods safely. than we have local delivery. your meals and groceries are hopefully coming to your house in a waymo. emily: is it going to go global? tekedra: definitely. emily: is there a market that is more exciting than another internationally? tekedra: there are a lot of exciting markets. [laughter] emily: how does this scale, right? tekedra: right. we are in the early days of focusing on that right now, scale. and operating across two platforms is the beginning of learning what we have to do in order to do that. emily: the co-ceo of waymo, great to have you here in person. i need my ride. it has been 11 years. that does it for our special edition of "bloomberg technology " in san francisco. we have had some fascinating conversations, amazing guests. you can catch all of that at bloomberg.com.

emily: what is a while? bob: next year. my guess is you and i will be on the stage next year and be talking about ar. emily: why not yet? if facebook is doing it now, med is doing it. bob: med it is doing vr, fully encompassed, cuts off the world. ar, i can look around me, i get a little bit more information, is much harder to do. emily thinking facetime in vr, apple tv plus, fitness plus in vr? bob: no. i am thinking i am looking around and i see that person and their name shows up on my screen. oh yeah, that is that person's name that i recognize at a tradeshow. you see all these people out of context and you cannot recognize who they are, but they are in your contacts. or you are traveling somewhere and you say what is that, and you look at it and it tells you. it is not necessarily gives you all that stuff in 3d, but it overlays, enhances your visual experience. emily: bob o'donnell, we're going to talk in a year and see if your predictions are true. thank you so much for joining us. and thank you all for watching this special edition of "bloomberg technology" live from wwdc. we have got a great show coming up tomorrow as well. max levchin will be joining us to talk about this apple pay later situation and more. this is bloomberg. ♪

emily, i am okay with shorts if they are long, taylor, nice. i've told my mom i wear shorts one day to work and she was like what, what are you doing. i do gets find. >> emily: dream of when i was in when she was had shorts for women. so i think to me it depends on the fabric. the cot, the color, the fit, the appropriateness, but for me i never got into it but for me shorts are hideous. >> harris: lawyer from hawaii hawaii you need shorts. >> tulsi: eine appreciated being able to do all the zoom calls and all the things to have my shorts and slippers on the going trouble the water after it was done. >> harris: you live in hawaii. >> tulsi: exactly tilray professionals appear to think professionalism is the answer. speech you ever notice that boring music played in grocery stores where there is a scientific music for it at his plate is essentially to make you spend more money. emilyng more money? >> emily: according to the study, 30% of us are when the music is slow in grocery stores. my question though is a retail. because retail i don't want to walk into listening to kenny jay. like i want to walk in listening to -- >> harris: carty review. >> emily: i think with retail may be different. >> kayleigh: harris do you buy it? >> harris: everything is different at the grocery store now we have inflation because were all paying more now. >> emily: i totally believe this is happening my mom grew up in dillard shopping stores and there was always boring music or my sister and i like new the sounds it was always boring. >> tulsi: i don't know what it says about me able i don't recall hearing music when i go grocery shopping so maybe it is not subliminal and effectively abm like i don't even know kind of music they play. >> guy: anti-dancing tulsi gabbard doesn't listen to music. >> harris: it could happen. >> kayleigh: working about some slow beats full tarceva next tim

emily: you wrote a book. >> it was not ironic when i wrote it. emily: how do you think elon musk's version of twitter would impact the world? for the better or worse? >> i don't think it would be for the better. trump -- [laughter] i think elon musk has a very limited understanding of what is -- emily he says you should be able to say outrageous things on twitter short of anything the brecksville law. is that good enough? >> that's not good enough at all. we talked to one of my favorite bosses when i worked there and he said it best when he said if you take the guardrails off of the platform, that is anti-free speech because you are preventing a lot of people from being able to say anything so they don't feel safe on it. emily: how to the employees feel? >> how do i feel for them? these are very smart wise people, i feel sad and they are stuck in the middle. everyone makes jokes on twitter all the time because it so ridiculous and it doesn't seem to end. these are real people. >> pointing out what elon musk said as her -- as a relates to the staff, working from home, he made the point that if you do excellent work you may have an exception to being a remote worker but he seemed to suggest that it's not going to happen. emily: this after jack dorsey said they could work from home fo

emily: what is the good news? inspire us. you are out there doing good work. clearly, women are inspiring. >> the good news is that we are pitstop. the rages going to take us to power. emily: how significant do you think it is that sheryl sandberg won't be leaving on the business side but might be more influential on the policy side? >> i think we need it. i give so much gratitude to melinda gates. melinda has single-handedly funded the movement that i'm a part of. in terms of making sure that we have paid leave and affordable childcare. we need more women philanthropists doing this work. emilyto see you here. thank you. that does it for this edition of bloomberg technology. right back here in new york tomorrow. -- guest. that's all for now. stay tuned to bloomberg. ♪ announcer: the following is a

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

emily parker, the executive director emily, there are some interesting positives to point out. number one, not sure there are any taxpayer bailouts at least yet taking place nor do i hear people asking for it number two, it doesn't seem to be bleeding over into broader systemic risk and into the financial system so, yeah, those are some of the silver linings i would mention >> you named the list of problematic things there are two things affecting the crypto market. one is not so specific and one is the one that is not is the crypto market has become more tied into equities markets and so some of these larger concerns that are affecting equities markets are affecting crypto as well concerns over interest rate hikes or just general concerns about an economic recession. that's kind of one thing the other thing are, as you mentioned, some things that are very specific to the kripcrypto industry, some that have just had a lot of drama recently so there was the terra luna debacle, and celsius has frozen user withdrawals for weeks now there are two camps here >> yes, so what do you think is most important to follow from here we haven't seen -- we've seen smaumer players, for instance, we haven't seen a coin base doing that to a great extent that could really change the confidence level we spoke with a guest yesterday who said goldman's digital currency conference in new york was still standing room only crowd. i can't tell if the bulls should want sentiment or where we go where there may be long-term opportunities. >> that will depend on how we get out of this mess, right. all eyes are on celsius as the crypto lender. the problem is that when it comes to decentralized finance, so many of these projects are intertangled they borrow, lend from one another. that's the problem there's a lot of entanglement. i think people are still seeing the fallout. you have one project go down and thrown there can be a domino effect i think there are concerns on the major coin, what happens if there's a problem. there are more things that could happen so -- but also, again, as we said there's these larger macro concerns which don't have to do with crypto and even if crypto does get its house in order it's still subject to some of the same problems we're seeing affecting the equities market >> finally more in the news today but it looks like gray scale will sue the s.e.c. over not being allowed to become a bitcoin etf. what do you make of that >> so this is basically a big conflict just between a lot of crypto proponents and regulators in general sort of reflects a very different world view on the one side you have the s.e.c., at least participate of the s.e.c., claiming that they are refusing this in an attempt to protect investors and they are okay with, for example, a bitcoin futures etf because futures are regulated by the cftc they feel bitcoin, they cite market manipulation. they claim this is a kind of investor protection. then you have proponents like grayscale and other etf companies say actually it's the opposite by bringing a bitcoin spot etf under the s.e.c. framework you would protect investors more people are going to buy bitcoin anyway and they would buy in less regulated ways. >> maybe that's the final question the regulatory footing into the crypto boom on, should it look different on the way out even as large a question as combining the s.e.c., this has revealed significant gaps in coverage and obviously they're going to be late in trying to clean all this up after the fact how big should the reforms be, i wonder >> they should and will be very big. the question is when it's not going to be immediate it's going to take a while for any regulation to go through but the key issue here which we've talked about a bunch of times is regulatory clarity. there are so many gray areas in u.s. crypto regulation and what happens is you end up having regulation by enforcement. you have these projects that go off the rails and then the s.e.c. goes after them that's not the most effective way to regulate an industry. it would be much better to have proactive framework so everybody knows what they should and should not be doing. >> exactly or they'll learn from the price action the hard way. emily, thank you so much we appreciate it today emily parker >>> in the last week cnbc polled about 500 cios for where they stood on the market and respondents are bearish on crypto more than half saying bitcoin will end below 20,000. i guess that's sort of where we are right now. for more head to cnbc.com for the entire survey results. >>> also, kripcrkryptonite in a runs the latest on crypto companies facing these crises. you don't want to miss it. 6:00 p.m. eastern time >>> still ahead the etf negative in june. raymond james is bullish on the space initiating commerce companies with the outperform. the analyst himself calls the move bold. he joins us ahead. plus, china is apple's second largest market but the company expected to take a multibillion dollar hit to revenue from china this quarter is a rebound now under way and what's it mean for apple's product line that's next. here is a look at the dow heat map. walgreens, salesforce and travelers once again the best of the bunch. >>> wel

emily and i doing this introduction is, of course, emily and -- i'm a west smart republican from new york city. it really fits us as well to show how people from different backgrounds, different parts of the country, different regions can come together and have a productive conversation. so with that, we would like to introduce a special guest tonight, and i will start with mayor bottoms. she served at the 60th mayor, and was a visionary leader and brought equitable outcomes to the government of commerce. she became the first mayor in atlanta's history to have served in all three branches of government, having previously served as a judge and city council. she's committed itself to realizing her vision of unaffordable, and equitable atlanta. she served as mayor during one of the most challenging times -- in the midst of a global pandemic and a racial justice movement, she became a leading spokesperson during the challenges in our communities facing leaders -- now, with these unprecedented challenges, the bottom's administration has been able to remain focused on the university of atlanta, closing the largest real estate transaction in the history of the city, and one of the largest in the southeast, delivering millions of dollars to people across atlanta. she had a childhood and professional career that highlighted the inequalities among americans. mayor bottoms letter administration in overtaking several initiatives that would seek to eradicate systemic issues facing atlanta, while also creating a model for all cities to follow. mayor bottoms equally focused philosophy has led to numerous leadership positions, including having served as the chair of the housing committee, and a central task force for the united states mayors, and is a trustee for the african american mayors association. she was also talk to the chair for the platform committee of the 2020 national conviction, and serves as the dnc vice chair of student engagement. emily. >> thank you so much, brady. that's how i will be introducing our second guest for tonight. trey gowdy was born in greenville, south carolina, and grew up in spartanburg, south carolina. he went to -- with a degree in history, and a university of south carolina school of law, where he was a member of the scholastic honors society. after law school, he cloaked before a judge on the south carolina court of appeals, and then for united states district court trial judge. in 2010, he ran for congress to represent the fourth congressional district greenville and spartanburg counties. while in congress, he served on the judiciary committee, oversight and government reform committee, intelligence committee, education in the workforce committee, and ethics committee. he was also chosen to chair a select committee on the events occurring on september 11th to 12th. while in congress, he actively participated in numerous congressional investigations, sponsor bills signed into law, and had a deep

emily and i doing this introduction is of course emily is a very, very smart democrat from rural west virginia, and i'm [interpreter] -- republican from no state. and so it really fits up. but you might fit this speak it's about to show people from different backgrounds, different parts of the country, different regions can talk together and. -- reflective conversation. so with that we'd like to introduce our special guest tonight and i'll start with mayor. so that the 60th remains of atlanta georgia and isn't a visionary and you don't bring -- kit she became the first married lanterns history tour served in north branches of government, having previously surged served as a judge and city council. she has committed herself to realizing a vision of white atlanta, and of and 40, resilient and equitable and i'd. we are bottoms soaked as me doing some of the most challenging times in the history of atlanta. during a global pandemic, and racial justice -- became the challenges and opportunities facing cities and leaders across america. we're never getting these unprecedented challenges, the bottom's administration was able to remain focused on the relives of atlanta degree shooting and closing the largest real estate transaction in the history of the city and one of the largest in the southeast united states, delivering billions of dollars in community ballots to people across atlanta. she -- childhood and ship by a child ended professional career that highlighted the inequalities among americans where bottoms administration undertook several major issues that would seek to eradicate -- i also created a model for cities to follow. we are steadfast leadership integrity forced philosophy has led to numerous accolades in -- including serving as the chair of community development and housing committee and the census task force for the united states council of mayor, and as a trustee for the african american players association. it is also selected as chair for the platform committee of the 2020 democratic national convention, and so says the dnc's vice chair of -- . emily. >> thank you so much, brady. and next i have the honor of introducing our second guest for tonight. trey gowdy was born in greenville, south carolina, and grew up in spartanburg, south carolina. he is a graduate of baylor university, with a degree in history, and the university of how south carolina school of law, where he was a member of the scholastic honors society, order of the wigan robe. after law school, he closed for a judge on the south carolina court of appeals and then for united states district court trial judge. in 2010, he ran for congress to represent the fourth congressional district in greenville and spartanburg counties. while in congress he served on the judiciary committee, oversight and government reform committee, intelligence committee, education and workforce committee, and ethics committee. he was also chosen to chair select committee on the events occurring in libya and september 11th to 12th, 2012. while in congress, he actively participated in numerous con

. >> laphonza, for those who do not know, you are the president of emily's list and emily's list helpsemocratic women who believe in the women's ability to make decisions on her own body and at every level of government. -- vice president harris, stacey abrams, to name a few. how are you using this moment now that role has been overturned, to organize, but more specifically to elect your candidates? >> it's a great question, simone. thank you for having me. thank you for putting me on with such a great panel of women. look, emily's list has been for the last 37 years preparing for this moment electing for democratic pro-choice women up and down the ballot. you named a few of them. i want voters to know today -- in particular, women, symone, the real slap in the face that i saw in the majority is justice toledo saying to women in particular, it is not as if we don't have electoral or political power. for every woman who he said that to, we need to make sure that we take him at that bit. that we are indeed demonstrating, not only the will of the majority with women and men who stand in s

emily. >> emily: i was a lifeguard and i think immediacy is required. if you see something, say something, do something. in the water, don't hesitate to jump in, you rather jump in unnecessarily than cost someone their life. >> chris: my first reaction, maybe if you pass out from swimming, it is dangerous. this person has a problem repeated and still goes out and will go out on friday. compare that to people i saw in central park last night, people who are afraid to go out of their house something bad might happen. that is admirable. >> kayleigh: it is, along the lines of kennedy, i saw the quote from the coach, i saw my swimmer at the bottom of the pool and the life guards were stunned. it made me think about the life guard story we did where life guards in l.a. make half a million. they should have jumped in. >> harris: you bring up a good point, what is friday like? we saw with simone biles, they kept her out of the last olympics until the last moment when they medically cleared her, she got a bronze. >> chris: she persevered. >> harris: she persevered, that's a great word. we'll be right back. ♪ ♪ aleve. who do you take it for? your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire ♪ ♪ matching your job description. ♪ ♪ ♪♪♪ >> last but not least, she shoots and shoots, vice president finally sinking her basket on the sixth try. the vice president was shooting hoops at an event to celebrate the 50th anniversary of title ix. you talked about olympians, olympian, and then you have the vice president. >> i would think of former president bush when he threw out the first pitch after 9/11, right over home plate. incredibly impressive at yankee stadium. if you are not going to make shots, don't take it, it looks really bad. they are already having a hard time selling the abilities of this administration, doesn't help the causes. >> it doesn't. six tries, i would have taken 60 tries. >> i applaud the perseverance, and why didn't she throw on a pair of sneakers, and kamala harris got upset and said no, no, i want to be in heels, and anna said i thought you looked more relateable in your sneakers but she did not want that. interesting, she wants to no matter what at all times say no, no, no, i'm holding this office, and fox and friends we had a football throwing contest and i was in stilletos and i still won. >> and then revisionist history, seems to be the m.o. for the administration, harris's spokesperson, she said this. nothing but net. i don't think that's what we just saw. >> what are they even celebrated? title ix, the administration has actively engaged in destroying women's sports, using title ix to destroy the lives of young men in college with kangaroo courts and she's out there, this shot reminded me very much harris of your segment last hour, saying what exactly are the vice president's qualifications to anything? anything? >> my guess, and she is, you know, a high profile democrat, i did not understand. i said just give me one, she could not do it. and what's really unfortunate about that, too, is that there's so many other things that the vice president could have been doing today, today, right, roe is coming. i thought they cared about that on the left. i mean, there are so many things she could be doing to help her team ahead of the midterms. we know the president likely can't help them, i don't know if he can dig out a 33% approval between now and 138 days, november 8th. >> maybe. need to be like bill clinton, a better politician. not this team. >> it's about political posturing, emilythe week she's not showing her personality, so this is that effort, like hillary clinton drink a beer shot, whatever she did moment, it's political posturing, it's not policy. >> elizabeth warren as well, cringing like just drink the water. and it was interesting because even in this there was a very targeted percentage of the population she was attempting to appeal to, right. remember, she was saying -- >> who are they? >> she said title ix only appealed to white suburban girls, and she wants to appeal to the trans population, and the lgbtq population. >> and basketball? i would have been more impressed had she gone someplace where people were doing multiple sports. she could have been out there doing a whole host of things. >> or letting them do their incredible things and cheering them on. and no one believes she really did not like that, at least i don't, did not like that cover. >> kennedy -- wore converse everywhere she went, that's what they thought. >> kennedy, you are a athlet

emily. >> emily: yes. >> greg: you claim to be a lawyer, never shown any proof to that but i'll go with it. this drives me -- isn't this something that an inmate should just immediately do. if you have all the time in the world, get somebody to work on your behalf to game the system. isn't this kind of like what every person should do in jail if you have all the time? >> emily in this current political climate the answer is yes because like you read in the intro, so this inmate says it was a life or death situation for him every day living his truth publicly. what about the life or death situation facing the federal officers he assaulted, which was one of the charges that put him in jail in the first place. mean while bureau of prisons ate it up. so they're using our tax dollars to give this dude a vaginal practicesity and meanwhile in 2018 president trump signed into law the first step law, common sense bipartisan, and at the time the bop came out and said we do not have the resource toss implement the time credit. and that still holds true today. so four years later, there are thousands of inmates that are being -- that are incarcerated legally past their release date, at least 10% of whom are veterans and the gop [bleep] with this guy. no pun intended. that is because this is biden administration >> greg: that is actually a very great point. i'm actually

emily: i just did an interview with him last week. mark: that means estimates are going to come down. emily: do you think the next earnings rounds will be a bloodbath? mark: i don't know if they are a bloodbath but last quarter three fourths of tech companies had negative earnings revisions. i think you have to bet that is likely to be the case again and stocks can't find a bottom until the estimates find a bottom. the multiples have come in. there is less multiple risk but there is estimate risk. if we going to recession, they get bigger. emily: what are the plays if you are a betting man? mark: a defensive play in consumer tech? i'm not sure one exists. i can't remember the last time that apple, microsoft, google, all underperformed the market year to date. i can't recall the last time that happened. the market says you have to get away from tech and by energy or something like that. but at some point this will change. does it have superior earnings growth? that will re-shine and come through. if you are an investor now, there is the bottom and stocks have been derisked and derated. the longer you're willing to look out a year or two, the more , you will have good prices. emily: do you see more parallels to what is happening now to 2008, 2000? do you have to go back to the early 80's? is this totally different? mark: what's different is the interest rate picture. we did not have that in 2007 and we are at the beginning of what 2008. will be a lengthy interest rate up cycle. tech stocks can still work in an environment where

emily can control a car >> emily: everyone in my truck is terrified if they got us to do the physics or people get cars like but i feel there is a difference between link confidence, capability, competence, and oh, my god, were going at the speed of sound, right, to many different scenarios but i do not like being in shock on. you know, because everyone's driving too slow. >> i prefer shock on the shock on the long cellular as i drove grandma and i admitted. >> dr. saphier: but my sister, oh, good lord we were in texas 12 weeks ago and she was driving this gigantic chevy and i was like oh, my goodness she was home on on the freeway i was frightened start walking right now. >> cheryl: my sister freaked me out on the road. >> dr. saphier. >> dr. saphier: i got a speeding ticket last week on vacation it is what it is but were not cigarette each other but we do like to drive fast. >> will talk. >> when you're in the car some and you don't know i do watch the speed a lot i mean it gets a little nerve-racking without sean good job sean. and finally, watch out civil church alone will 6s on americans think they have what it takes to star in action according to a new poll, six in ten, i don't think so. >> dr. saphier: my doctors what i can tell you about. >> of brain surgery stops at ont he could be the next iron man. >> and i think he could. >> or unix woman? >> cheryl: nobody wants to see this on the big screen but we did a story in business yesterday and people say verily can be action heroes also know that they have to go to the gym and get trained to be in the movies. so there is some realism out there. >> emilyerty resources and training and one in three said that as their fitness goals with fields is aspirational there like i could do it if i have health and support and i think that is lovely. >> dr. saphier: you want to be action hero. >> emily: i totally do. >> dr. saphier: you have the right disposition. >> pete: i'd like to try stand-up comedy not because i would be cut out it just because i have admiration for people who stand on stage and make people laugh. the acting isn't hard to. company takes. take a thousand takes. anyone could do it. i agree with that number. >> amid cancel culture and rehang you and not get you. >> you could do it there's amateurs hours here throughout the city. we will all go. >> support card. >> all right more outnumbered in just a moment. time. it's life's most precious commodity, especially when you have metastatic breast cancer. when your time is threatened, it's hard to invest in your future. until now. kisqali is helping women live longer than ever befor

. >> harris: all right, so it struck me, emily, that the vice president has decided to take action and is going to get us to do her work. >> emilytment, but she was past with determining the root causes of this almost two years ago, and now she is eliciting help from the private sector to do so. when all of us can answer the question, it's pretty clear, it is pushed back factors pull factors. a end the cartels that are murdering millions of people and are garnering billions of dollars in human smuggling and illicit drugs. we talk about our tax dollars, it would be way cheaper for this country to just enforce the laws, how about that? because letting them over the border is what creates the human cost of life, which is lifeblood and creates the billions of dollars in wasted costs repairing good fences and ranches and loss of income, and border patrol putting their lives on the line and getting injured and killed in the process. so if there was one diplomatic meeting between president and kamala harris with the borders are, if there was one type of mutual app at that instead of a conference that everybody goes to anyway because th

emily wilkins joins us now from bloomberg government. what did we learn from the president? emily: biden is really trying to push the message that his administration is doing whatever they can to keep the economy good. he knows inflation is a problem. he knows it will be a problem in november, when democrats hope to keep the house and make gains in the senate. you see the president is relying heavily on messaging right now. you see officials within the white house are going on tv, talking about the things the administration is doing. a number of them came to congress and met with house democrats. really nothing new in that meeting, just hammering home the various talking points on inflation, on the economy, on what the biden administration is choosing to do. this interview yesterday was showing more it is not very common that this president sits down with the print media and gives an interview. the fact that he chose to do it and chose to do it on this topic shows how desperately the white house is trying to get the messaging aspect under control. but of course, americans, when driving around, seeing gas prices when going to the grocery store, that tells an entirely different message, and it is something democrats are trying to grapple with. lisa: how much discussion is there about the strong message of changing up the cabinet? emily have not heard a ton of that yet. there was concern after treasury secretary janet yellen said she had been wrong about inflation, that it was only going to be transitory. that is something that sent ripples through the administration and washington, d.c. but at this point, we have not really heard anything concrete about changing things up. we have seen some turnover at the white house, various folks within the administration. part of that could be they have been there two years, it is ruling job, they are looking for something potentially new. and part of it may be reading the tea leaves. this is an administration with very low approval ratings. only a quarter of americans think the countries on the right track. it is not exactly a super positive time to be in government here. lisa: which raises questions about two years from now, when president biden may be running for reelection, how he should get ahead of this and how the democratic party's position, if its approval rating does n

emily: in 30 seconds, what is the good news? inspire us. you are out doing this good work. reshma: we are pissed off as hell and this rage will take us to power. emily: how significant do you think it is that sheryl sandberg will not be leading on the business side but might be more influential on the policy side? reshma: i give so much gratitude to melinda bates and mckenzie basis. we need more women, more philanthropists. emilyshma saujani, girls who code. so good to see. thank you. that does it for this edition of "bloomberg technology." i will be back here in new york tomorrow. got a great lineup of guests there. that is all for now. stay tuned to bloomberg. ♪

do so. emily: kiki freedman, hey jane cofounder and ceo, thank you for joining us and sharing your perspective. we will be back with more of a bloomberg technology after this break. ♪ emily to take a look at the week, with our crypto editor. but did not look at too bad of a week for crypto this week did it? >> we had some green on the screen for the crypto crowd. of 3.5% jump over the seven day period, even a bigger job when you look at ethereum. you're looking at a 12% jump, more than 8% jump over the last one he for hours. -- 24 hours. that brings you over 21,004 bitcoin. 1204 ethereum. which a lot of nft fts are based on. we will talk about this a lot with our next guest. one area of excitement is nba top shot volumes. if you look at trading volumes they are slowing down. the same had been true for top shot. there is a lot of excitement about the application of and fts, especially as it relates to other industries, primarily sports. we talked about it yesterday. but see how much that can keep going, especially is a big conference in new york starts to run down. emily: all right. thank you. speaking of nft's nft nyc coming to a close. they were discussing the opportuni

emily: interesting. elizabeth holmes, the deliberations much longer than any of us expected. do you think that's going to happen? joel: this trial is very different. it's been much quieter. you don't have the media. emily: people showing up at 2:00 i am dressed as holmes? jewel: the courtroom is quiet and empty. his family is sitting behind, just packed together. even though there is space in the courtroom. what they are seeing is a different trial. there is the same facts, but there is not this kind of energy or pressure that i know speaking to jurors after the homes -- holmes trial that they felt to make a decision. here they could decide easier and without pressure. emily will be following. we will have you back when there is one. coming up tech companies and , startups are laying off people en masse, creating tough questions about whether to buy equity. we will discuss that and more, next. ♪ this is xfinity rewards. our way of showing our appreciation. with rewards of all shapes and sizes. [ cheers ] are we actually going? yes!! and once in a lifetime moments. two tickets to nascar! yes! find rewards like these and so many more in the xfinity app. >> this is a moment that feels that it has been 12 years in the making. >> if you look at today's technology companies, the large majority will survive it. the question is, do they have a strategy to thrive afterwards? >> the best time to start a country dutch company is when you're in a recession. >> it is clear right now the market is going to reward companies to build real earnings. >> now we are going into a world where we will have to be more -- >> the place of opportunity today we are focused on contin

emilie, thank you very much. >> guad, you are in uvalde right now. the dhs secretary is there. they are still grieving and burying the dead. what is secretary mayorcas doing today? >> as emilie was speaking, the mayor is it still behind us in one of these vehicles. he walked around the memorial around the school. didn't say a word. he was holding flowers, walked around, took time and stopped in different places and then made his way back to the vehicles. we knew he was going to be coming down here today and he was going to have meetings with local officials. we didn't know what time he would arrive. he was quiet, didn't say a word. he looked worried and he met his wife back to the vehicles. i believe he's still standing outside one of those vehicles. this is second mayorcas. we've been speaking to members of the community. there's been a lot of talk about the community of uvalde. 80% hispanic and a lot of them telling me perhaps there's a disconnect between their local and state leaders and what the people want and what is happening on the ground. we sat down and talked to a mother of a student that's at the school here, we spoke to the grandfather of one of the students tha

do something -- miss things. >> emily: we'll see you sunday. >> yes, bye-bye. >> sean: final score in game five here in denver, tampa bay, 3, the colorado avalanche, 2. for ray and emily, sean mcdonough saying so long from denver. we'll see you sunday night for game six, 8:00 p.m. eastern on abc from tampa. 3, the colorado avalanche, 2. for ray and emily, sean mcdonough saying so long from denver. we'll see you sunday night for game six, 8:00 p.m. eastern on abc from tampa. you want it all, just like i do... well now there's a new way to save with xfinity. now, get unlimited internet, wifi equipment and a free streaming box... ...risk free with no term contract and a 2-year rate guarantee for just $30 a month when you add xfinity mobile. learn how you can get all this and one unlimited line of mobile for 2 years for about the same price you could pay other providers for one unlimited 5g line. it's all part of a new xfinity 3 for 1 bundle. switch today! (footsteps) ♪ from the mountains to the coast, ♪ ♪ it's the state with the most. ♪ ♪ somos la crema de la crema ♪ ♪ con mucho sol todo el año, cuidado que te quemas ♪ ♪ stack that cheddar, make it melt. ♪ ♪ cook it up,

emily, thank you very much peter. and that's it. to me. emily anc 150 is our stating now our london headquarters take over. ah, there is no channel and cover is world news like we do as a roman correspondent, i am constantly on the go covering topics from politics to conflict of environmental issues. galeb this campus like nothing ever seen parents, but we want to know how to do things effect people. we revisit places to stay even when there are no international headlines. also there are really invest in that. and that's a privilege. as a journalist with with a i was drink, one is just me of my, during the 5 of my daughter, i did not care when parents are imprisoned. the company doesn't have any plans for the children lifted behind. so these children need or they need shout, they're starting for loud. my question is to see that this student or prisoners are also given another chance to leave, like no more children because they're not to party to the crimes committed by the parent. when i finally get to that place to build a home for these children and they see them become, somebody used to fall in the society funding for them. so if you could give me satisfaction

i do see we have emily cowen representing the department of homelessness and supportive housing. emily, did you hear the question? >> good afternoon supervisors. yes, through the president of the board, i did hear the question. i will need to consult the contract's team on this, but i believe that this was the initial pilot amount and we started this contract under the -- under our pilot model. we're not sure we would expand it and then through additional funding from our city our home and desire to invest in this model, we have added 200 more slots of flexible housing subsidy pool to this contract that now brings it over the threshold to come to the department. if you want to come back to me in five minutes, i can get information about the initial cost of the contract, but i know it was launched as a pilot. >> thank you. i have no problem with the idea of smaller contract and then expanding when it is successful and it seems like a great program. i have an issue with setting contract amounts just below the $10 million, precluding it from coming in front of the board. i would like that

i do see we have emily cowen representing the department of homelessness and supportive housing. emily, did you hear the question? >> good afternoon supervisors. yes, through the president of the board, i did hear the question. i will need to consult the contract's team on this, but i believe that this was the initial pilot amount and we started this contract under the -- under our pilot model. we're not sure we would expand it and then through additional funding from our city our home and desire to invest in this model, we have added 200 more slots of flexible housing subsidy pool to this contract that now brings it over the threshold to come to the department. if you want to come back to me in five minutes, i can get information about the initial cost of the contract, but i know it was launched as a pilot. >> thank you. i have no problem with the idea of smaller contract and then expanding when it is successful and it seems like a great program. i have an issue with setting contract amounts just below the $10 million, precluding it from coming in front of the board. i would like that

do you enjoy swimming? this is something that may appeal to you, charlie. in the past. wuthering heights set in the yorkshire moors near where emily bronte lived with her father and near where emily father and her sisters. there are plans to have a chemicalfree natural lido. 0rganisers hope it will impact on the —— capitalise on the boom. it is not an existing lake of any kind? they are going to build it. at the moment there is a seven acre former water treatment plant that will be converted. it will be a safe, naturalswimming that will be converted. it will be a safe, natural swimming destination. that does sound delightful, really does. when will it open? when other plans? the plans are under way. it does not say when will open. let's return to one of the subjects we are talking a lot about at the moment. the rising cost of living means some people are being forced to skip meals, or cut back on taking vital medication. leading healthcare organisations are now warning that patients are making choices that save them money but pose a serious risk to their wellbeing. 0ur health correspondent dominic hughes has more. i'm just sick of having to make choices, and they have to be the r