they may be nation the compared tore facebook or google or amazon, but are they potential competitors providing a product that may have less cost ultimately to consumers and more benefits to them? not measured in price, but in other ways. now, the terms of antitrust litigation can be measured in other ways. the number of lawsuits that were -- that have been brought between 1970 and 1999, the united states brought about 15 monopoly cases each year. between 2000 and 2014, that number fell to just about three a year. and that is one reason why antitrust enforcement has been increasingly the province of state attorneys general. antitrust is one of the areas where state attorneys general have concurrent jurisdiction as a matter of federal and state law, and i would predict that a failure on the part of the federal government to enforce vigorously our antitrust laws will probably result in attorneys general taking a more aggressive and leading role in this area. i'm pleased that -- that the department of justice has taken action until a number of antitrust issues recently and is in court ri

at facebook or google, for example, they say that you are allowed to ask co—workers out, but only oneuld include saying that they have plans what they are busy. that cou nts plans what they are busy. that counts as a no to google. but obviously it is a tricky subject. 0ne survey suggested nearly 40% of employees here in the united states have had a relationship with one of their co—workers. that is the same percentage it has been for a decade. companies are trying to work out what is the correct policy when it comes to allowing or not allowing romantic relationships in the workplace. kim gittleson they are. will have more on that story in the news briefing, shortly. —— there. the european union has introduced tariffs on around $3 billion worth of us imports — including jeans, bourbon whiskey, and motorcycles. the move is a retaliation for us tariffs on imported steel and aluminium — which european commission president jean—claude juncker described as going against "all logic and history." eu finance ministers have agreed to give greece a ten—year extension on more than $100 billion of

francine: you could be talking to facebook or google. manufahat brings these?e no, but manufacturers have the know-how to mass produce things. the real advantage here is do you know how to mass produce millions and means of vehicles in the right way in the less expensive way, the most safe way? that is know how you build over decades, and they have that. francine: what is the number one questior your innovation hub, battery, storage? francesco: it is more about predictability and linkability. what can we do with the data we have come explain things, predict things looking at the data? today and in the next few years the most important key or capability we lack is the capability to ge concept and analytics in the same range, really difficult. francine: do you think anyone or is that a thing of thets, francesco: no, they still have a future, less than before. before joining enel, i was selling gas to power plants worldwide. i think it is stephanie not the same future net we had 10 years ago. francine: if you look at united nations sustainable development goals. f

francine: you could be talking to facebook or google.n't mean it is a car manufacturer that brings this kind of technology? francesco: no, but manufacturers have the know-how to mass produce things. the real advantage here is do you know how to mass produce millions and millions of vehicles in the right way, in the less expensive way, the most safe way? i think that is a know-how build over decades, and they have that. francine: what is the number one question for your innovation hubs? is it batteries? is it storage? francesco: no, it is more about predictability and linkability. what can we do with the data we have, explain things, predict things looking at the data? how much can we improve things looking at the data? today and in the next few years the most important key or the most important capability we lack is that, the capability to put together a business concept and data analytics in the same brain, really difficult. francine: do you think anyone will build new gas power plants, or is that a thing of the past? francesco: no, the

francine: you could be talking to facebook or google.n't mean it is a car manufacturer that brings this technology? francesco: no, but manufacturers have the know-how to mass produce things. the real advantage here is do you know how to mass produce millions and millions of vehicles in the right way, in the less expensive way, the most safe way? i think that is a know-how build over decades, and they have that. francine: what is the number one question for your innovation hubs, battery, storage? francesco: no, it is more more about predictability and linkability. what can we do with the data we have, explain things, predict things looking at the data? how much can we improve things looking at the data? today and in the next few years the most important key or the most important capability we capability tothe put together a business concept and analytics in the same range, really difficult. francine: do you think anyone will build new gas power plants, or is that a thing of the past? francesco: no, they still have a future, a lot less tha

going to happen with that is it's impossible to say ahead of time. >> but it opens theoor to a facebook or google acquiring other companies, message services, data ancos, right? >> or even content companies. apple just signed a deal with oprah winfrey to provide content for them and they'll be looking for content.eo a lot ofe thought they were going to go for the fox deal and now you have different buyers. it's going to be an interesting thing to chwa if all content ends up being owned by t service providers as well. >> i want to talk quickly about tesla as well. news this week that it's laying of ki% of its workforce trying to get the model will this be enough to get the company to profitability, and also get the model 3 out there on a timetable that consumers expect? >> i don't think it's going to help them get it out any faster. i don't know that it will haveug negative impact in the sense that, as you mentioned, it's not the workers building them which is the bottleneck. it's growing pains. it's a sign of disciplineki they're l to turn profitable, yes, that's a growth sign, but layoffs a rare

francine: you could be talking to facebook or google.esn't mean it is a car manufacturer that brings this kind of technology? francesco: no, but manufacturers have the know-how to mass produce things. the real advantage here is do you know how to mass produce millions and millions of vehicles in the right way, in the less expensive way, the most safe way? i think that is a know-how you build over decades, and they have that. francine: what is the number one question for your innovation hubs? is it batteries? is it storage? francesco: no, it is more about predictability and handling capabilities. what can we do with the data we have, how much can we explain things, how much can we predict things looking at the data? today, and probably in the next the most important key or the most important capability we lack is that, the capability to put together a business concept and data analytics in the same brain, really difficult. francine: do you think anyone will build new gas power plants, or is that a thing of the past? francesco: no, they st

. >> but it opens the door a to facebook or google acquiring other companies, message nervices, data companies, right? >> or e content companies. apple just signed a deal with oprah winfreyde to pro content for them and they'll be looking for content. thought they e were going to go for the fox deal and nw you have different buyers. it's going to be an interesting thing to watch. ifll content ends up being owned by the service providers as well. >> i want to talk quickly about tesla as well. news this week that it's laying off k90% ofor itsorce trying to get the model 3 out on time. will this be en gh to get the company to profitability, and also get the model 3 on a timetable that consumers dpect? >> 't think it's going to help them get it out any faster. i don't know that it will have a huge negative impact in the sense that, a you mentione it's not the workers building them which is the bottle neck. it's growing pains. it's a sign of discipline they're looking to turn profitable, yes, that's a growth sign, but layoffs are rarely a panacea for problems, so i don't t ink so it's goin

internet companies would hold sway and smaller start—up companies, maybe someone competing with facebook or googles a court case, 22 states are suing the government to try to bring net neutrality back. there is also a bill making its way through congress. the democrats are championing that, they hope to see the house of representatives vote on it by the end of the year. it has another political angle in that democrats are championing it is hoping it‘ll bring out more young people towards the end of the year when the us goes into the mid—term elections. 0k, paul, thank you. jaguar land rover says it is going to move the production of its land rover discovery suv from birmingham, where it is currently made, to... slovakia. let‘s get more of this from amy cole, who reports from birmingham. when any company announces it is making job losses, it is on the face of it bad news. what jaguar land rover is doing in the long—term is possibly not as tight it sounds. jl r, owned by the indian group tata motors, says it is moving production of its land rover discovery to its factory in slovakia but it says it r

technology still has plenty of upside and whether you're talking about microsoft or apple or facebook or google or amazon, i still think there's upside across the board in many of the names amazon does trade at a tougher p.e. though. >> jon, it doesn't have to be that complicated the areas where you think the highest growth is going to be along with all of the other factors that pete just mentioned, excusme, and joe and steph and jim. >> right well, as you know, i'm overweight tech big time if you look at my disclosures on cnbc, you have seen that for months now, i have been overweight tech. it's not always been pretty. when i have been i mean, basically the xlk peaked in march, i think, and then bled off rather severely, but the individual names within that, scott, were the ones you really wanted to focus on we're going to be talking about satya nadella and github 18% year to date microsoft, xlk, 10% year to date so when you look at that, you see the outperformance of some of these names, that's why you want to go for the stock picking rather than just the broad brush. >> so true a terrific pi

. >> yes, but it might say share on facebook or google plus, but twitter and so on, that bar would disappearple use safari versus chrome? even on an iphone or ios device. francine: is imposed by data protection? or is this something apple is thinking about because they want? people to feel safer >> a few shareholders came to apple and said putting public good you should be asking more controls. that is what led -- that is what led to tighter controls. this is an aggressive play by apple. they do not trade as the same valuations as facebook or google , between 20 and 30 times earnings while apple's 16, 17 times earning. this is maybe tightening the ratchet on them. tim cook said he would never be in the same situation as mark zuckerberg. francine: what happens to my data for a moment, does it go to my social media? them, yes.oes go to if you go to the bloomberg bar at which has this the top saying share on social media, it automatically sends the cookies says with -- you need this to access this -- facebook to that computer, it knows it is you, have not logged in on facebook, it just knows a

eight years ago, we're starting to see those pop up with tech and we think that whether it's facebook or googlee seeing pressures that make us want to make sure that we're diverse and ready to take advantage of this market. liz: you want to listen to rick, got about $6 billion in assets under management at pitcairn. good to see you. >> thank you so much. liz: we are closing for the dow, up 340 points, a record for the nasdaq and the russell. now it's time for "after the bell." david: terrific day, rally and records on wall street. soaring, ending up 343. may settle higher than this. it's green for the s&p 500 and third day in a row the nasdaq and russell 2000 ending the day with new record closes. hi, everybody, i'm david asman. melissa: and i'm melissa francis. this is "after the bell." more on the market movers, here's what else we're covering in the busy hour ahead. fixing a broken system. the president's chief economic adviser larry kudlow defending trade actions on china and

you don't have to align 100% clearly with facebook or google or amazon.ompanies or possibly to dominant, but you can be independent in the u.s. market in a way that is much harder in china. long-term, you will have to be allied in china. kathleen: david kirkpatrick, thank you for a fascinating conversation, putting so much so much of this in perspective. check out his latest book, the facebook effect. on our interactive tv function. you can dive into any securities and bloomberg function that we talked about. be part of the conversation by sending us instant messages during our show. check us out at tv . this is bloomberg. ♪ haidi: that's about it for "bloomberg: daybreak australia." up next is daybreak asia. what are you watching over the next two hours? beof course it's going to about trade. we're waiting for that announcement on friday from the trump administration on chinese -- restrictions on chinese investment. our guest has some strong views presidentxi, saying he sparked a global backlash that transcends the u.s. and we will see a china's goin

look at a facebook or google and they're actually trading at very reasonable levels. in fact, below their expected growth rate, somewhere around 10 or 12 times, even 20 to 25 times. netflix or amazon are growing, obviously, a little faster but they're trading at substantially higher multiples that said, you know, i think generally we believe that valuations are still reasonable. we believe that over time, as you look at these businesses over the next 12 to 18 months, two years -- not necessarily the next three or six months -- there's still a large upside that's what you're seeing reflected. >> i think a lot of investors know exactly what you mean youssef, brent, have a good weekend. thank you, guys. >> thank you. >> president trump tweeting about a possibility of a tariff on cars imported from europe, jolting stock this is morning. phil lebeau is in chicago this morning. phil >> this tweet from the president is a straight shot, couple of days after the executives from german automakers said hey maybe we can eliminate tariffs all together the president out saying based

and senator warren is joining us and why he doesn't think facebook or google should be broken up. >>> one analyst says there's one factor you may not be thinking about that would hit amazon profits. we'll discuss. - i love my grandma. - anncr: as you grow older, your brain naturally begins to change which may cause trouble with recall. - learning from him is great... when i can keep up! - anncr: thankfully, prevagen helps your brain and improves memory. - dad's got all the answers. - anncr: prevagen is now the number-one-selling brain health supplement in drug stores nationwide. - she outsmarts me every single time. - checkmate! you wanna play again? - anncr: prevagen. healthier brain. better life. one second. barely enough time for this man to take a bite of turkey. but for cyber criminals it's plenty of time to launch thousands of attacks. luckily security analysts and watson are on his side. spotting threats faster and protecting his data with the most securely encrypted main frame in the world. it's a smart way to eat lunch in peace. sweet, oblivious peace. it's a smart way to eat

saying they will start sending out alerts to anyone that would send your data to companies like facebook or googlerom craig federici. we believe your private data should remain private, not because you've done something wrong or that you have something can be abut because it lot of sensitive data on your devices, and we think you should be in control of who sees it. yvonne: it seems like users can on whetherpt out they actually do look at some sort of site when it comes to the safari web browser. how big of a low do you think that is for mark zuckerberg?is this a move for apple to shield itself? the whole managing team, it's part of the culture, from a privacy perspective. this is something that we are expecting. also, they are getting more and more pressure. in terms of addiction with children on the funds. they have things they talk about in terms of steps that are going to focus on that area and into they built devices, but ultimately, when you look at privacy, cook has been very clear about this. being ally about apple data privacy hub. we have seen what happened this is going to continue to b

in other words, the ones who will create the next facebook or the next google or even the next microsoft. when they wrote this open letter, microsoft ceo and microsoft's president both responded but this letter, more than 300 employees published internally and then in the "new york times," i want to read you part of it. very strong language. we call on microsoft tend to its relationship with i.c.e. and any federal agencies engaged in enforcing the cruel policies of this administration, which is destroying families and jailing asylum-seekers, undocumented long-term residents and naturalized citizens under the threat of deportation. if microsoft does not address, this we will simply take our projects elsewhere. so microsoft ceo and microsoft's president brad smith both responded. i'm going to read you part of the response -- many from git hub, liz, are dissatisfied with the statement. they say microsoft supplying i.c.e. with cloud services to include deep learning capabilities and accelerate facial recognition and identification since the beginning of the year. our sources say the git hub

can't be distracted using safari, which is apple's browser, can't tracked for ad purposes by facebook or googleis is apple's line in the sand, all these concerns about privacy, we are the good one. neil: weren't they one of the buyers for all this stuff from facebook? >> the sure were. we talked about 60 hardware companies, apple was on the list. we got data from facebook, except we stopped last september. they could be considered hypocritical. with that said the stock is up. neil: susan, what is remarkable, they have these speed bumps for technology stocks for developments and they don't last very long. >> i was impressed what they announced yesterday, augmented reality. that is the buzz -- that is hot in silicon valley as they say. customizable emojis, what kid doesn't like that. neil: i find the emoji thing so stupid. >> you do? how do you emote online? neil: i don't. i find it annoying. like, emoji, what is wrong with you? you're an adult. >> you don't like tone detection. neil: it seems so silly. you're quite right. doubt anything you're saying. that is all everyone was talking about. >> t

is this a sign they are shifting growth strategy and a threat to facebook or google >> it's a complimenthink all tech businesses eventually trend towards becoming platforms and quazi-media businesses if big enough makes sense. i see it as a sideline and feeder to the services business which they are already doing, and, of course, we are synthesizing these things again. >> protecting privacy, not in the business of advertising. this is not exactly the same, but opens the door to the involvement with - >> yeah. there's a gate keeper and essentially a distributor of ads sold separately from the apps themselves yeah >> yeah, we'll see how big it gets >>> better safe than sorriment going public these days? the target is volatile this year for those considering ipos two dozen had ipo plans shoved this year. has it been that bad is the window going to close >> first impressions it's not been that bad. for four months the markets have been roughly stable, no big deal shows you it's continuing selectivity among investors in terms of what companies they are actually interested in making new bets o

>> well, as you say, apple is a platform company it's a different type of platform than facebook or go googles what we call innovation platform they monetize more through hardware but the developers and now services are extremely important to them. ooh think there are a couple of themes they're contrasting themselves to facebook and google, kind of anti-ads they can get away with that, given their business model augmented reality will fit into potential services and augmented hardware, new glasses in two or three years as well. and then performance they've tended to put in a lot of features over the year. they're doubling down on performance. lots of software improvements. and the developers seem to like it. >> and so do you think we're at a point where there is more open warfare, at least strategically and philosophically between these giants this move by apple will directly impactacebs data-gathering ability, which could potentially at some point down the line affect its advertising business. should investors start to think in those terms when they see the moves thatthe companies make >> it

research of your own or outside that shows anybody because of all this will delete -- you get #deletefacebook, the data shows people are not doing this. they're not leaving google or facebookn the states they talk but they don't act >> first of all, we have not seen this full quarter's number. when those numbers come, we'll see how much they leave. the key question is the compliance cost of social media companies will go up because of this regulation. cyrus, pleasure to see you arjun, see you soon. thank you very much. >>> so we'll wrap it up with this obviously the global markets, a big red screen in front of you dow futures down 350 oil is in focus. we are hitting the road. the opec seminar and meeting tomorrow cnbc will be live from vienna with everything you need from opec will the trade talk, will the weak global markets change opec's thinking on output and potential output cuts or an increase in production what about venezuela what about iran? harold hamm coming up on "squawk x. thank you for being with us from london "squawk box" and the team is nexthave in a center. it is... the ibm cloud private. the cloud that's built for all your apps. ai ready. secure to the co

facebook and google. what is your prognosis for the next year or two? do you feel like trump anti-trust, blocking at&t/time warner, when asked on the day of vestier's $2.7 billion ruling, sarah huckabee sanders says, we're not going to talk about a private company matter, where under the obama administration, they probably would have had a line around the block ready to finger wag on that. talk about that and what your predictions are for these four firms. and i would be interesting in hearing the whole panel's views on this. >> i think trump anti-trust is very hard to predict. i did write an article right when the new administration came in saying that i thought that enforcement risk for the tech platforms had gone up, and that was largely because the obama administration was in a close relationship with silicon valley, so they were largely protected. i think from any major enforcement under the obama administration. i do think we're rike likely toa case against one of the major tech platforms. i don't know which one would come first. i think apple is

right now, whether you are platform companies like google, facebook or whether you're networks like att and comcast, you make the american economy, future compition, to the ability to compete internationally, that there ought to be oversight by the people representatives. so they make the rules, not just those who benefit. >> what he think about the gdp are out of europe in their privacy rules? >> i think was a fabulous step forward. they're a couple of things. one is what it is will be more defined in court cases and regulation that follows. so it is hard to do your win. but what is important and troubling is that the european union has put a flag in ground and fed, here are principles that say that privacy comes first. it's kind of like what i was talking with david about the billion things not worrying about the consequences. no, when you build something, you have to build in an expectation of privacy. that is why gdp are has said. it is a shame that we in the united states of america who invented the internet have allowed the leadership on policy to be assumed by the european union

or google. you can get a basic cable package for free. you can get your internet for free if you basically get only facebook or just certain pages that have been approved and blessed by google. that would be okay maybe on the face of it if you're aegular user of facebook or regular user of basic internet. but if you are a start-up trying to bring new and innovative services to the market -- >> you're not included in that. >> you're not included in that. now the consumer has to pay 1 shun bucks hundred bucks a month. if you're a beverage business, you have to deal with a small number of distributors who control the access. >> they don't take your beverage, it doesn't matter how good it is. >> you don't exist. exactly. in the same way this could happen with the repeal of net neutrality to internet companies so i am worried as an investor, entrepreneur, i'm worried about that for sure. >> sure an investor in companies that could in theory become big companies in years to come. when you look at the beginnings of google, beginnings of facebook, you're worried about those beginnings without net neutrality may not become successful companies in

how to swim trick or treat intelligence apply twitter creation it's the it's a very unique so we are constantly. fighting for resources and talent against what google microsoft facebook not only in brazil or from overseas. societies educational tools are used throughout brazil he hopes to offer his software in neighboring argentina next. and argentina is caught up in the midst of a crippling general strike those strikers are frustrated that the government's plan to call on the help of the international monetary fund the i.m.f. has provided argentina access to fifty billion dollars in funds should they need it but the citizens are having none of it. deserted airports not a single traveler waiting at the check in desks and bus stations that seem abandoned it's not because argentinians are sitting in front of their t.v. sets watching the world cup know it's because argentina is in the midst of a massive general strike. even schools and banks and hospitals are closed for twenty four hours the powerful c g t union called for the strike and thousands of demonstrators filled the streets of. calling for wage negotiations with no upper limit but the administration of mary sue

right now, whether you are platform companies like google, facebook, or whether you are networks like at&t and comcast, you make the rules. and i think that this is more important to the american economy, to the future competition, to our ability to be able to communicate -- to compete internationally that there ought to be oversight by the people's representatives so that the people's representatives make the rules, not just those that would benefit from what those rules are. >> what do you think about the gdpr out of europe and their privacy rule? >> i think the gdpr was a fabulous step forward. there's a couple things about the gdpr. one is what it is will be more defined in court cases and regulations that follow. so it's hard to zero in on this provision and that provision. but what's important and troubling is that the european union has put a flag in the ground and said here are principles that say that privacy comes first. that it's kind of like what i was talking with david about about the building things and not worrying about the consequences. no, when you build something,

or outside? >> i think the really big question is, how long does it take before google or facebook or apple buysr at&t? because if you're going to be allowed to do an in fy it in vertical integration, i agree with walter's basic assessment of the industry issues and so if in that scenario you're going to want to go to the person who controls the audience as the value point, but i don't know that they're even thinking that way. i'm just saying that this clearly makes that a possibility where yesterday that was not something that we would have taken seriously at all >> walter, in light of that and this idea of controlling the audience, with these sort of bigger, traditional media ing bigger and become prelly integrated, the fact that so many more people are cord cutting or not even -- the newer generations are not going to traditional cable to begin how much of this is really jus getting bigger and potentially seeingr and higher prices as we t more m&a to protect a business that is fundamentally and structurally changing longer term >> well, of course, it's changing and yes, there's going to be co

disney we don't know about comcast or t-mobile and all these guys are left on their own to fight facebook or googleamazon that's a scary future. do you think the judge realizes and takes that into account that it can come to a grinding halt and we'll defenseless i'll sign all my information to facebook and never own anything again and they can know everything about me and sell ite very much articulated that point. that tell com is not just competing with tel com anymore it's widened to include many of the faang stocks you mentioned it's in his hands. i fully respt he's making the right decision, but i think we have to know that, you know, sprint and t-mobile it's interesting because we've heard recent reports i thought that was going to be hard to get done there seems to be an appreciation in d.c. that just what i mentioned the competitor field is wider than at&t, verizon, sprint, and t-mobile i think they're looking, the lens that is being looking through with this competition has gotten much wider. >> so if there are conditions, what would thatructured like, in your view >> that's a bag of tricks

or facebook, do they have business in china? no, because the chinese government is so restrictive on the ability of u.s. companies to be able to do business there, you don't have much revenues out of googleok or amazon or netflix so for those names, this does not matter much. today was a global momentum tech-led selloff, but i think what if you sit back and think about it more broadly, you go, well, that does not matter to them if you're a semiconductor company or sell pcs. pcs, no. 1 market is china smart phone, no. 1 market is china. that's a big problem so it makes a lot more sense to take those stocks down than other names. other than a fact up 100% for the year >> the semiconductors down 3%. dan, to be clear, you agreed that it seems to us looking at this, like, there's no reason from the headlines that google, that facebook, that amazon, that those names should have sold off today, right >> no. >> nothing to do with their business >> no, exactly right so you have to remember a lot of tech funds or mutual funds, when they own technology, they own a broad basket they loan those names, but they own semisuggester stocks, high flying software companies that have 100 pes, little in earni

and that means that facebook and google or what not are going to have to decide, are they going to build a separate set of rules for californians or are they going to extend california rules out to everyone. we don't know. but it might be easier just to offer everyone the same rules that california gets. this actually happens all of the time. car emissions, power consumption for refrigerators and the amount of watt tha-- water that comes your shower head and they sell that nationwide. >> and they are a precursor of things to come. >> we like to think so, yes. >> what happens in california spreads to the rest -- >> exactly right. >> thank you very much. >>> other top stories. police are investigating a death in the castro district overnight, it happened this morning in the parking lot across from the popular badlands nightclub, around 1:00 this morning and then authorities responded to reports of a fight. they say they got there and they found a man with some sort of life-threatening injury and he then died. so far no word on exactly what happened, nor whether police suspect foul play. >>

jason: if you're sitting down in silicon valley at google or facebook or apple, what is your reactionr on the underlying software works at google. i think a lot of them are just like ok. you saw it happening, those numbers are no longer crazy. i think it is just like it had to go somewhere, it had trouble getting a ceo. a lot of trouble about the company four years ago. it is a venture capital backed. there have to be an acquisition or. son: at some point there was going to be some kind of exit? >> exactly. i think everybody said ok. >> the founders or key executives have a stock deal. they're now becoming the biggest shareholders in microsoft. what say might they have in microsoft going forward? >> i don't know. microsoft corporate structure, i don't know. -- when you talk to people coming out of there, it doesn't feel like they are all pointing guns at each other like it used to be. who knows? github is key to it. they pulled off something to the $7.5 billion. -- thatfinitely a new part of the world is definitely running along the different principles than it was 10 years ago. it is

she spoke out in support of the law because facebook already made the changes. >> trace: if i'm google oroes it take? >> in 2020. the key thing here, the law gives the right to sue companies if they're not protecting data. if you're data gets scooped up in a hack, you can get some cash out of it. >> trace: i'm sure the lawyers are all over that one. hillary vaughn, thank you. the cost of your favorite soda won't be going up any time soon. jerry brown signed a bill that banned cities and counties from taxing soda and other drinks for the next 12 years. it's a major win for the beverage industry and defeats the state's public health advocates that had argued soda tax would help fight obesity. berkeley, california passed the country's first ever soda tax. remember that? which will remain in effect despite the new law. governor brown says he had to sign the bill because the soda lobby made it difficult to pass taxes on any item. america is short tens of thousands of truck drivers. without drivers to move stuff back and forth, the u.s. economy could hit the brakes. some trucking companies maki

fighting for resources and talent against what google microsoft facebook not only in brazil or from overseas. societies educational tools are used throughout brazil he hopes to offer his software in neighboring argentina next. i'd say you're up today with the latest from the world of business for more head to our web site d w dot com slash business find us on facebook and on twitter on there as well at helena see humphrey is my handle before you go here's a quick check on the big global market stuff i. want . to. try to. get. the for. being vetoed reggae sensation from germany. twenty eight korea was the top. over a million records sold worldwide made. the fifteen gently . germany's number wrong correct. me to move and its impact on young kids. used noble media for a full contribution mentions against room three come to discuss conditions will female politicians and changing tone structure as well one. my instructions need to come female culture today. in sixty minutes to me. european stocks to let those who performs a. lower live concert every weekend play look good in concert. to. be. up t

some folks from mit, and i asked a former nsa head, who to you fear most, the nsc and cia, or google, facebooknd amazon? without a doubt, it's google, facebook and amazon. they capture far more information than the government legally could, and a lot of the facial recognition is okay, but it's the behavior base. we're moving beyond just facial recognition. i'm doing some work on advanced analytics s and we're looking at behavior, we're looking at context the, searchable capabilities. we've just got to make sure we don't slow it down so much that we impact national security and private, you know -- charles: yeah. and just accept the fact that at some point the only privacy we'll have left might be the far corners of our minds. gentlemen, thank you both very much. it's great talking with you. [laughter] >>> up next, going to break down what happened this week with the market and also the opportunities that were create this week because these dips have been huge over the last several years. we'll be right back. ♪ ♪ but while some push high commission investment products, fisher investments avoids

i mean, everything that entities did with facebook data, or that they do with google data, or apple dataople have given permissi but you have to dig around to find it, and that's the parp in front of you, because i can squeeze in one more question. [laughing] evaluate one idea for me, that what if w facebook has my data,, a neutral repository of my data? and much like, you know, you look on facebook, and it says, you know, "the following apps can access your facebook," or access your twitter. the following people can access your data. i type in, i this old, i live at this place, and this zip code, i'm interested in that, and i can revoke that at any time, or i can go in and change it, or just say, you know what, i don't want anybody to know my age anymore. is that a thing we could do? christy: so, i'll break that into a couple of different pieces. some of those facilities exist within facebook, within twitter, if you haven't already done it, it would be fascinating-- scott: within twitter, but i'm talking about like a, you know, everybody in the world just accessing scott mcgrew's data p

how to say central or to intelligence applying to a location it's a it's a very unique so we are constantly. fighting for resources and talent against it like google microsoft facebooknot only in brazil or from overseas. so sakhi is angry about all the poverty he sees every day in brazil latin america's largest country is actually rich in resources but they are equally distributed poverty equals poor education equals a lack of opportunities for many brazilians that's reality we are never going to be able to be competitive as a country. if we don't educate our people to have the skills that they need to. be able to be more productive to be more efficient in whatever work they do. so sakhi is learning programs are now being used across brazil the next step he says is to expand into argentina. and that sold for three thousand so we're back again next week. and in the meantime send us your feedback. from. write to us at global three thousand at d w dot com and check out our facebook page global society by for now. the for. the focus on. the. reliable do you. feel. distance first class six just. the most interests. of the automotive industry. on freedom and the whole. wo

jason: if you're sitting down in silicon valley at google or facebook or apple, what is your reactionul: i think a lot of them -- the main cofler on git, the underlying software, works at google. i think a lot of them are just like ok. you saw it happening, those numbers are no longer crazy. i think it is just like it had to go somewhere, it had trouble getting a ceo. there was a lot of drama about the company four years ago. there was a harassment scandal. and also it's venture capital backed. is there has to be in a position. jason: at some point there was going to be some kind of exit? paul: exactly. they were talki to microsoft for a long time according to stakeholders, and i think everybody said, ok. carol: the key executives, it is a stock deal, so they are now becoming the biggest shareholders in microsoft. what say might they have in microsoft going forward? paul: oh, i don't know. microsoft's corporate structure, i don't know. now, it sounds like they may want everyone to talk about it at the table. it doesn't feel -- when he talk to people coming out of there it doesn't feel

or email. google, facebook, twitter, areon, h&m, and more updating their policies to give consumers more controlr data. those changes are thanks to a law governing data privacy called the general data protection regulation. only applies to the its adoptionn, but is expected to have americans asking, why don't we have that? when you sign up for facebook you have to agree to terms which allows them to track your online activities, even if you are not browsing facebook. have the rightll to ask for anything as basic as them up to they archives of all the content they have generated on the service. more than 250f employees and hold data on european citizens will have to get unambiguous consent instead of burying the ok in the fine print. theyonsumers that opt in, have a right to know what is being done with their data, and instead of being charged to obtain it, can request a free copy. >> download and deletion upon request. >> consumers have a right to be forgotten, which gives consumers the right to ask that consumers delete their data. you might be able to trade something like a gift in exchangefor