also with us, sarah frier, who covers facebook.r joining us, you are just back from brussels. you call this a disaster. there are many thousands of facebook employees not saying anything, what compelled to just doubt -- to speak out? sandy: i've seen the tremendous amount of harm that is being done around the world as a result of some of these business practices, things like the impact on elections, not just in the u.s. but brexit. some of the violence that has taken place in sri lanka and other places. seeing that, it drove me to want to come forward and to call out some of the business practices i think led to the situation. emily: you were a platform operations manager, in part responsible for policing data breaches, so that give you unique insight into policies and how facebook approached these things. at the time, what kinds of things did you see that troubled you? sandy: i left the company six years ago, though it has been sometime. what troubled me was the general approach. it was a general approach where they did not proact

we have to leave it there, sarah frier, in san francisco.p, turkey and brazil stepping up currency measures as emerging markets face the biggest test since the taper tantrum. this is bloomberg. ♪ this is bloomberg. ♪ haidi: it is a 30 a.m. in sydney. markets open in 90 minutes. futures looking a little on the downside. a pretty risk obsession from wall street overnight. ramy: it is 6:30 p.m. in new york and you are watching daybreak australia. let's get the first word news with jenna. jenna: president trump has set the stage for potentially tense g7 meeting this weekend, tweeting get ready to fight for our country on trade. we have the worst deals ever made. continually isolated from its closest allies that will say it will address the issues of tariffs face-to-face. the president laid out the gravels when he met with the japanese prime minister. president trump: the united states seeks a bilateral deal with japan that is based on the principle of fairness and reciprocity. we are working hard to reduce our trade imbalance, which is very subs

walk us through how serious this is, sarah frier.is is potentially very serious because you remember mark zuckerberg told congress the loophole that allowed third-party developers to share people's friends of friends' information, that is -- has been closed by facebook in 2014. in this report, -- and this report says in fact there were other kinds of deals, maybe not with app developers but with device makers that did allow the disclosure of information on people and their friends with a third party. emily: and they weren't loopholes at all. sarah: they were intentional. they were part of the contracts that allowed facebook apps. so that is concerning because of the idea of consent. now, remember, facebook has this 2011 decree with the federal trade commission whereby if they share any facebook user data, they need to have informed consent from those users. so is that in violation to this decree? did zuckerberg mislead congress? these are the ideas percolating around this new report. facebook says it's not like what happened with cam

srahberg's naomi nix and frier. thank you. another shakeup at twitter. it's a move to better integrate the platform's design and video offerings. periscope ceo will become the sixth head of product since 2014. possibly a sign there will be greater emphasis on video. mike montano has been promoted to oversee all of engineering. coming up ai versus civil liberties. is new technology infringing on your rights yet that we will ask the aclu next. a quick programming note. the boston turn into pops fireworks special on this fourth of july. you can watch right here on bloomberg television, listen on bloomberg radio, or catch anywhere on bloomberg.com. ♪ emily: we are continuing our look at the biases in artificial intelligence and the pitfalls. gainingion is not only notoriety. it is being used by law enforcement to track civilians. maryland authorities say that they use facial recognition software to identify the gunman that killed five people at an annapolis newspaper. amazon'scalls recognition software that it claims can five -- find 100 people in a single p

kirkpatrick and here in the studio, sarah frier. single headen roll since this whole cambridge analytic a scandal exploded. mark zuckerberg has said it is my fault. but is this the first one to go as a result? sarah: i think it is clearly not being portrayed as anything like that. they are not even using the word leaving the country -- leaving the company. they are saying he is stepping down as an advisor. elliott has been through a decade of facebook. they'd, this man has had to deal with. from the ipo to privacy scandal after privacy scandal. era and he is a political guy. he helped facebook become a political company. the heart ofing to their evolution. it is kind of an interesting time for departure especially considering the facebook shareholder who called him out for being sexist last week. he had said the reason facebook wasn't listening to her concerns is that she wasn't nice. and sexist comment. he later apologized. so that was the latest drama. emily: which is interesting because elliott has already's been perceived as she

sarah frier is in san francisco for us. good to see you.you think these types of ads were banned in the first place from facebook? theh: facebook said that in course of trying to clean up advertising on its platform, overall, they were trying to get rid of these ads they saw as riches,promising people promising people say they could get in on a great trade on their platform. an bitcoin is really just not a very regulated market, and so, facebook just all-out band those ads. -- banned those ads. a few months later, facebook has started its own crypto division, so it's hypocritical to not allow people to advertise the thing they want to do. they have to make sure they have this process where they make sure that the businesses that to get advertised are legitimate businesses, that they operate in some sort of legal structure that facebook and recognize, and make sure the users are not getting scammed. yvonne: it seems like even during the span, there were's -- this ban, there were some ads that were able to make it on the facebook site by usin

emily: sarah frier, "bloomber tech." we will come back with this story with one of the congressmen who questioned mark zuckerberg back in april, greg walden. we will be asking for his thoughts. twitter is celebrating its entry into the s&p 500 by selling $1 billion in bonds. twitter's second ever debt offering comes a day before it becomes part of the index. shares have doubled since last year's low as twitter has boosted its appeal among users and advertisers and posted earnings -- positive earnings in back-to-back quarters. eatn musk gave an outlook, but did investors buy it? we will discuss. listen on the blmberg app, and in the u.s. on sirius xm. this is g. ♪ emily: tesla shareholders sided with the company board at its annual meeting, redirect -- reelecting three directors. outlook, saying he expecttoistic meet the production goal for the crucial model 3 sedan by the end of this month. i think we can probably get wk with the current two general assembly lines, but with the thi one, i am highly confident we can excee

firefighters that put their bodies on the line for fire interpretation in difficult circumstances and frier preservation and fire code conformity the department of building inspection has a housing code we're exorcising a minimum level of habit ability and 9 percent of all housing code revisions are related to fire. >> we brought a video it shows you how quickly a fire can spread when our watching this keep in mind that thirty to 40 years ago furnishing burned slower made of wood and cotton and wool and they didn't burn as fast with the materials they're made out of today, today we have mustache made out of fathom and synthetics they burn quicker you'll see you'll see a clock on the bottom of screen timing the fire time it for yourself the smoke detector takes two minutes to go off before and at that time two minutes in the room is almost flashing over within 2 1/2 minutes it is flash offer has occurred from the time the smoke detectors goes over off to a flashover you don't have much time to get out we'll talk about the home escape with planning and smoke alarms why they're so important le

amanda: bloombergs sarah frier. thank you for that.y of the charts we showed you today, gtv go is the bloomberg library. one of those is the iphone chart. we have the apple worldwide developers conference in san jose kicking off today. this is bloomberg. ♪ ay. this is bloomberg. ♪ >> it is 2:00 p.m. in new york, 11:00 in san francisco, and 7:00 in hong kong. scarlet: i'm scarlet fu. julia: i'm julia chatterly. welcome to "bloomberg markets." ♪ scarlet: we are at bloomberg world headquarters over the next hour. here are the top stories. apple's ambition, the team takes the stage to layout the softer strategy for the next year. we will bring you highlights as a-shares climb to new highs. $2 billionry paying to distribute the pga tour globally, details on the deal straight from the discovery ceo. donald trump versus the world, the president faces a showdown at the g7 summit this week as the eu and canada one of retaliation. u.s. markets closing in two hours. julie hyman is tracking the moves. apple at a record high. >> nasdaq gaining grou

nbc's joe frier has our sunday spotlight. >> reporter: they've scooted on to streets across the countryike a watered down version of a motorcycle. >> reporter: a new two-wheeled battery powered way to get around. >> i'm not sure i could go back to a city that did not have electric scooters. >> reporter: electric scooters have pochd up in several cities like los angeles, denver, austin and washington, but san francisco often the launching pad for the next great tech innovation has become a laboratory of sorts with three different companies operating here. bird, lime and spin. >> give it a couple of kicks like a regular old kick scooter. >> reporter: this is spin's co-founder. his scooters cost $1 to rent plus 15 cents a minute. they travel up to 15 miles an hour. >> you call this a last mile solution? >> that's right. first offer last mile. it's about getting to the doorstep of your destination. >> riders find scooters using a phone app and then they scan them to unlock their ride. >> it unlocks. >> that little noise means it's ready to go? >> yes. >> reporter: unlike the bikes that are

for more details, sarah frier, has been following from san francisco.incredible addendum to mark zuckerberg's testimony before congress and before european lawmakers as well. talk us through exactly what the article of facebook does and whether the massive collection is illegal in any way. >> what the article says is that while facebook told us that, in 2014, they stopped any data sharing with third parties, remember, that is how kindreds analytic a scandal happened, they still maintain these these devices including apple, samsung, amazon, around the world. that's allow the world -- allowed in them direct access to facebook data to allow them to make facebook experiences. if apple wanted to build a facebook app, they would be able to. those are legacy contracts from before there were app stores when the device makers wanted to still be able to make a facebook experience on what they offered. you know, the times has said this could be in violation of the ftc consent degree that facebook had that said they would not share user information without explicit

let's go to sarah frier who is covering this story for us.surprise we are seeing a debate from capitol hill over what mark zuckerberg and what he did and did not know. long-standingre partnerships they have had with device makers, including huawei which the u.s. government considers a security risk. case noneays in this of the data wish share on huawei servers. while a confirmed that. we are at this public trust crisis with facebook where senators do not quite believe that facebook can't say enough to assuage their concerns. not come up in 10 hours of congressional testimony. there are questions about how forthright the company is being about these types of data moves around the echo system and -- ecosystem. ramy: how has facebook responded? sara: a say they do not share any data on the servers. they needed to have the huawei servers because so many people around the world use huawei phones. so interesting, the diebold ching of new information --t -- the diebold ching divulging of new information. on a surprisee resignation, just ahead. this

sarah frier has been following all of this.ah, talk to us about the concerns from these senators. sarah: fresh off in targeting facebook about another data scandal, senators are on to the next one. this time, it has to do with these device data partnerships. to get aases, in order more native experience on phones and an easier experience, they may be able to let of these device manufacturers make devices on their behalf, on behalf of facebook and twitter. these deals are being scrutinized. ei the u.s., we consider huaw to be a national security risk, and there have been concerns about them among other chinese device makers. they want to know about what exactly these partnerships entail. sarah, facebook, just to make matters worse, we learned thishave admitted to software bug that's at the audience for people's posts to public, even if users intended to show them as private. its another indication that facebook can't keep control of these privacy issues. sarah: facebook said today 14 million people, it may have affected them for