we also spoke with glenn fogel, the ceo of priceline.ll as penny pritzker, former commerce secretary for the u.s. she is now investing. we will get her thoughts on the administration and what she's doing now. caroline: amazing lineup. enjoy it out there. thank you so much. a stellar set of interviews. coming up, we are talking google glass. are they ready for the come back? this is bloomberg. ♪ >> i am paul allen with the latest first word news. apple has appointed one of its top wireless software engineers as head of china operations, in the face of a persistent sales decline in its largest overseas market. they assume the newly created position of director for greater china, which includes taiwan and hong kong. led thehinese-born and team that developed apple pay and homekit. revenue in china has fallen first consecutive quarters. beijing is rebuilding its foreign currency reserves as that yuan stabilizes. they stood at $1.1 trillion, up $10 billion from april. china is the second biggest holder of treasuries, a fraction behind japan.

caroline: another great interview, priceline ceo glenn fogel.e interview with billionaire businesswoman and former u.s. commerce secretary penny pritzker, on the future of work. this is bloomberg. ♪ caroline: now let's return to coverage of the fortune brainstorm tech conference in aspen. pennytopped with pritzker, the former u.s. commerce secretary under the obama administration. she talked about trade and the future of the workforce. >> we took transition very seriously and try to give our successors the benefit of what we have learned over our tenure. ishink what is challenging as it relates to the issue we are working on here at the fortune conference, the future is that i think the future of work requires a focus by not only the private sector but also government to work on workforce training and dealing with the skills mitch match -- mismatch, and in the long run training people for jobs of the 21st century. the second role of government is one that if you're thinking about a conference of a planned a plan, for the u.s., it's also opportun

. ♪ ♪ emily: glenn fogel took the reins of the internet travel giant in january. shares have rose more than 30%. i caught up with overt exclusive interview at the fortune brainstorm conference in aspen and asked about the company's strategy to keep priceline in the league. glenn: the strategy does not change, which is providing service for both sides of the market, the traveler and the supplier. the idea always is use our technological skills, use what we are able to better than the supplier. use technology to provide better service for those customers. emily: the e.u. just slapped google with a massive fine based on favoring their own products. do they need to take a closer look at how google handles it? glenn: it does not say exactly what google will have to change in their practices. until we see with a change is, we cannot comment but google has been a great partner for us. we have done a lot of good work with them in the past. and we hope to have a great combination in the future. emily: is there an opportunity for prcieline to benefit? glenn: we don't know h