when you joined google, google was a very small company. you in your wildest dreams , ever imagine it would become , the second most valuable company in the world? eric: i do not think any of us did. i certainly did did not. , when i met larry and sergey, they just seemed incredibly intelligent. they had this huge argument over something technical, and i have not heard back of the document and a long time, and i thought, i have to work with these people. i wanted to work with the company that would stay in one building to. today, we are of course many buildings. david: you were the ceo of novell at the time. you were getting ready to go to google. what propelled you to pick google as a company you wanted to go to because you had a lot of opportunities? eric: i actually did not interview anywhere else. john doerr asked me to visit google, and i said who cares about a search engine? it won't matter as much. who uses search engines? nevertheless he said go visit with larry and sergey. what they were doing was so interesting and the way they we

when you joined google, google was a very small company.n your wildest dreams did you ever imagine it would become the second most valuable company? eric: i do not think any of us did. i did not. when i met larry and sergey, they seemed incredibly intelligent, a huge argument over something technical and i have not heard back of the document and a long time and i thought, i have to work with these people. i wanted to work with the company that would stay in one building but today we are many buildings. david: you were the ceo of novell at the time. what propelled to take that as a company wanted to go to? eric: i actually did not interview anywhere else. he asked me to visit google, and i said who cares about his search engine? who uses search engines? he said, go visit with them. what they were doing was so interesting and the way they were created so compelling that i had to be there. david: search engines were not that novel because there were plenty of search engine companies, so why do to think google had a search engine that was going

cory: doesn't google have an investment in uber? uber uses google maps.ric: uber is still reliant on google's maps. they are trying to move away from them. sort of frenemies turned into pure enemies at this point. cory: place that rewards performance over fairness, the suggestion is it has run amok. you have a woman being harassed by her boss and she is told the employer is a high performer. the suggestion is the ends justify the means. none of that is fair. but that is what this looks like. eric: they are two very different cases. uber is owning it and investigating it tried to figure out what is going on and how culpable they are. eric holder is insisting he is independent and has full prerogative to question everything in the company. on the self-driving car part, uber is defending itself and saying they did not do anything wrong. this is a crazy lawsuit, we will fight in court. i think the responses in situation are very different in the cases. cory: uber is a big swinging company. they go after things in a very different way. i'm grateful for their s

we run on google infrastructure and we also benefit from google's ad team. we are a company within google, and so we have all parts that a company has, sales, marketing, engineering, and so we have some of the benefits of being with google but then we are also able to be a standalone brand within the company. emily: there are reports that youtube makes billions of dollars and still you said you -- youtube is still in investment mode. how would you describe your goals around profit short and long-term? susan: what we want to focus on is growing the business when you're in a big growth area. you have to balance doing that and doing that in a responsible way. tv which is one of the biggest markets from the subscription number, tv ad number, this is one of the biggest markets we have and the millennials, we are not seeing them watch as much tv, and so we see this as an opportunity to invest and continue to grow the product and continue to grow youtube to be a great experience. we need to do that in a responsible way. emily: according to a recent survey, for the

fact matter is a google—backed project for automated fact checking.ation in online content. solving online misinformation sounds like a noble cause, but how are they going to do it? we're focusing on sentence level fact checking. this is identifying claims that appear in text and verifying those claims. machine intelligence comes in using natural language processing, to understand effectively what is a claim. what are the sources that you could use to check that claim — what that claim is about and the hardest part, which is linking that claim to a fact. it will be a browser extension which allows you to see highlighted sentence level claims about statistics and it will link them to sources that, for example, the world bank, it will enable them to verify those claims immediately. fact checking, spoilsports. our extension could basically look at a piece of content and say this is likely to be misleading because, overall, this piece of news contains ten, 15, 20 misleading claims. the only problem with this solution is it may not be able to tell the diff

we had google glasses and now we have spectacles. >> spectacles have been more effective than googles was more serious. from what i understand, snap has a lot of ambition in the world of wearable computing and augmented reality. that is something google has invested a lot of money and resources into. caroline: on the ar front, as well. also fascinating is the limitations that using google's cloud computing services could put on the regional diversity of snap. >> a lot of companies are diversifying their portfolio, putting a lot of money with google, amazon, microsoft. snap seems to be putting a lot of money in google. they were one of the earliest customers and our kind of locked in. they could go over to amazon, develop their own, they have a lot of people with experience with that. i mentioned china. google right now does not operate with cloud services in china, that is an area where they might turned amazon. caroline: i remember, before microsoft really developed its own cloud, it used amazon web services. there are a lot of frenemies. >> alphabet is one of the biggest investors

also know on long-term basis amazon is really handily outperformed google since google ipo in zero 4.'m going with google. >> aside from just the race between these two companies one of the things cheap options affording the ability to continue to press bullish bets after the market continues to hit records. we have any kind of market setback it's very likely going to be these companies, the same ones that guide us up here will take us back down. 5 to 10% in the market, those are the declines you would expect to see in stocks like these. only risking 3% to make a bullish bet, that's essentially the risk you're offsetting. to me that makes sense. >> despite all the headlines, this is the best performing sector on the year, october 1 to present just before the election, big tech is still well behind market. this is just a catchup trade, so badly in the november, december period. >> do you agree with the premise if the market declines 5% these stocks will go down about the same. >> the sentiment in a stock like amazon $400 million is so off the charts. people can't think of a reason to s

what we know is that on a long term basis, amazon is reallied handily outperformed google since googlepo in 2004. i'm going with google. >> aside from just the race between these two companies, one of the things cheap options are affording you is the ability to press bullish bets after the market continues to hit records. we have any kind of a market setback. it is likesly going to be these companies. the same ones that guided us up here. you can expect to see in stocks like these. only risking 3% to make a bullish bet. to me that makes a lot of sense. >> the other things despite all the headlines, take october 1 to present. just before the election. had it is well behind market. having swooned so badly in the november-december time frame. >> do you agree that if it. >> goes down 5%, these stocks will do the same? >> amazon with a $400 million market cap. it is so far off the charts. people can't think of a way to sell it. it is about 10ers of the total sales. they'll have a lot of things. a.i. services that you can rent f for pennies on the dollar. there is a whole lot more on google.

look at the google daydream device. close to $79 and being sold for closer to $50 on the online google store right now. there will be different ways to approach the marketplace. what is the band going to cost, how expensive it will be on your head going forward. and you are right, away from the devices what is it tethered to? if it tethers to your mobile device, you will keep costs overall down. if it had this to a $1500 gaming pc, you talk about a higher-end experience and a higher and costs. cory: who was the big winner? samsung, sony, htc? eric: early days, sony. because it is tied to the game experience of the vr. i think google and samsung will be the next to watch tied to the mobile device. longer tailed is oculus. it is the best experience. it is the most expensive. they have to get the cost curve down to make it a better consumer product, but that is why facebook made that long-term bet. cory: eric sheridan, we really appreciate it. coming up, a 30-year nasa veteran is leaving nasa for silicon valley. is it spac

google. groupon. maybe, maybe not.that, and you have looked at it for the most people, what do you see is the biggest policies about getting local advertising online? nirav: the fallacy is demand is not there. the demand is there. the criticism is that it is hard to scale. most of the time when people have successful local monetization, it is because they hire a lot of sales people. cory: yellow pavements -- yellow pages style, right? nirav: yellow pages doubt. we think one of the opportunities for nextdoor, because we are so well adopted, owners ofr users or the local businesses. they want to be part of it. cory: can you make advertising easy to buy? twitter has struggled. let me give twitter some credit. they have made it a lot easier just by tweaking things, adding buttons, putting things in more logically-oriented places. you look at that as a model at all? nirav: the reality is that building robust ad systems is a challenge. when you look at the engineers google employees working on add systems, that facebook empl

sharyl: as it happens, google's parent company, alphabet, was a top clinton donor.ef executive worked on the clinton campaign. last year, former facebook insiders alleged they "r suppressed news stories of interest to conservative readers." we hear from a lot of people that they don't trust "politico" or facebook or google or whoever it might be that's trying to sort through the truth or the facts. susan: we're looking at a crisis of faith in institutions. the media, being one set of institutions that is under assault. more broadly, political parties you know, no longer have the trust and the faith. sharyl: torba claims twitter censors conservatives, but not liberals for similar behavior. on gab, anything goes, he says, as long as it's legal, not inciting violence, and not exposing information like credit cards. mr. torba: what we're doing is instead of us playing big brother and, you know, curating content and deciding what is news and what isn't and what people should see and what they shouldn't, we are giving the power to you as a user, so you can mute different

since the google ipo in '04.ld go with google. >> aside from just the race between these two companies, one of the things that cheap options are affording you now is the able to continue to press bullish bets after the market continues to hit records. we have any kind of a market setback, it's likely these companies. the same ones that guided us up here, they will take us back down. a 5% or 10% decline in the market, that's what you expect to see in stocks like these. by only risking 3%, that's the risk you're offsetting. it makes sense. >> despite the headlines that this is the best performing sector of the year, take october 1 to present, big tech is still well behind the market. this is a catch up trade having swooned so badly in the november and december period after the election. >> do you agree if the market declines 5%, these stocks will go down about the same? >> amazon with a $400 market cap, it's so off the charts right now. it is a great product. they'll have a lot to of things. ai services that you ca

coming up, google dominating the market.rcelona to get the latest from the global conference. this is bloomberg. ♪ selina: a new we are watching, gamestop sold the most in four months after the trading session over invest in concerns on rising competition. microsoft announced it is introducing a subscription service to allow customers to play online and avoid a trip to the store. google is sharing its virtual assistant featured with android partners, which plays music and complete tasks, now expanded to phones. caroline hyde that down with product lead for google assistance. it is one product you can get to, but in different places. it doesn't matter where you are the sameon, it is assistant. you get the same level of functionality. that is a powerful concept. you can go through the day and move through different situations and still have the power of google anywhere you want. reporter: the news here is that it is now available on android platforms. i can get google maps on my android phone. could i get it on apple eventuall

mine is much, much smaller than google and benefits.does not go disproportionately to the other companies, and allows you to find a way here. caroline: as an open critic of the trump administration, aol has voiced disapproval. this week on bloomberg tv he discussed some of the changes we need to see here within the u.s., regardless of any change in policy. take a listen. >> one of the reason president trump won is because many feel left behind. they are not seeing the benefits of innovation or job creation. that is the reason why that is the case. last year, 85% of the venture capital went to the state that clinton won. only 15% went to the states that trump won. california alone got 50% of the venture capital. what is happening is they are funding disruptive companies in silicon valley that are creating new technology that disrupts and destroys jobs in the middle of the country, but we are not backing entrepreneurs to create companies and the jobs in pennsylvania, ohio, michigan. this has to change. we need more capital flowing, more e

remember that google and uber used to be friends. google and uber used to be friends.om google sitting on the board of uber. as uber continue to go into other realms like developing its own mapping technology and even trying to get into food delivery systems, these are areas in which google is quite competitive. so the two company started to split and now we are seeing that they are really battling each other. it's notjust with the technology, they are taking it into the court system. a fine line between love and hate, isn't there? in terms of uber, it has not been a great week for them, there has been news of a sexual harassment case against management. what can they do to manage the damage to their reputation? it is tough for uber these days. the sexual harassment allegations made by a former uber worker in 2000 word blog post earlier this week we hit company. there are a few things. silicon valley has a reputation as being very much a bro's club, and it is trying to combat these issues are being a sexist realm in which to work. the head of uber is trying to get ahea

we have google to thank for that. airport protesting in person and also backing this legally. mark: google has played an outsized role to coordinate funding and is working with a bunch of companies to organize this brief. sergey brin has been a vocal opponent of the immigration order and they had a walkout protest at the google campus last week that he participated in and spoke at. google is taking a principled stand. cory: it is remarkable to see corporate america involved in politics in such a way. mark: it is not just silicon valley, which is traditionally liberal, but you are seeing the biotech industry, which we did a story on today in bloomberg, they are taking a strong stance against this because the scientists developing some of the drugs that are saving people, many of them are coming from other countries to develop them here. cory: there is a legal battle, as well, it is not just the meta-issue. these are the actual nuts and bolts. greg, let's turn to you. there is going to be a decision of some kind out of

she wrote a letter, of course, dear google boss.e says she loved google's office with those big beanbag chairs and the slides. >> and chloe said she is ready for the job. she says she's good at playing on her tablet and good at math. millennials,e that's how they got their job. her father was surprised when the c.e.o. of google wrote her back. he didn't offer her a job but he did tell her to keep working dreams. to follow her >> she's on the right path. >> when she's 14, she'll be there. 15, she'll be the cfo. >> dear google boss... cute! let's get to sport. max scherzer's day. we'll explain. and the wizards look to finish strong before the all-star break. keep pace with indiana. >> and now, the toyota sports desk, brought to you by your local toyota dealer. >> there's a tendency gas right before the all-star break. that's something wizards head preached tobrooks his team before tonight eats game at indiana -- tonight's indiana. john wall finds otto porter baseline. drives. >>> fouls. gets the reverse lay-up to call. otto led the te

google is taking a principled stand.arkable to see corporate america involved in politics in such a way. mark: it is not just silicon valley, which is traditionally liberal, but you are seeing the biotech industry, what we did a story on today in bloomberg, they are taking a strong stance against this because the scientists developing some of the drugs are coming -- many of them are coming from other countries to develop them here. cory: there is a legal battle, as well, it is not just the meta-issue. greg, let's turn to you. there is going to be a decision of some kind out of the court, perhaps today or perhaps tomorrow. either way, this looks like it might be headed to the supreme court. greg: the supreme court said they would not have a ruling today, but probably this week. i would think the losing side would go to the supreme court. ,t might not be a full blown please hear this case, but it might just be intervene some of the band can go back into effect temporarily or to stop it temporarily. there is a good chance t

it reads, "dear google boss. my name is chloe and i would like a job at google.want to work in a chocolate factory and do swimming in the olympics." it's always good to have that fall back, right? "my dad said i can sit on big bean bags and write go carts in a job on google. you can also go through people's search history and use it for blackmail. my dad told me to give you an application to get a job in google. i don't really know what one of them is, but he said a letter will do for now." "thank you for reading my letter. i have only sent one other one, and that was the father christmas. good-bye." google ceo responded saying, "i look forward to receiving your job application when you are finished with school." sounds like a note to me. wow. why didn't he just say, "grow up"? >> i think that's pretty much what he is saying. it's nice that he wrote him her back. i once wrote a letter to diane software. it's true. i went, i did it. i pursued the field. >> tom: did she answer you? >> she wrote me back. >> tom: that's great. >> yeah. >> tom: that's the kind of gump

google claims they built their stole $500nology and million of google's technology. >> we have seen thisivalry between them which is already been heeded. why is the sector such a hotbed for lawsuits? formera sued one of its employees as well. google filed another lawsuit. this is a nascent technology. there are few people in the world who are good at it. a massiventially market which overhaul the entire transportation industry. they are really protective of their ip. similar to when you saw lawsuits around the start of the smart phone market about a decade ago. >> mark, thank you. boarding -- beating fourth-quarter estimates. let's get more from our tech reporter joining us live from shanghai. david, they have been widely seen as the google of china. it is not exactly tracked success to its counterparts. why? >> it just comes down to one basic thing, advertisements. if you look at the u.s. market, google and facebook are basically a duality in the online ad market. faces fierce challenges from titans in china. it has fallen behind alibaba last year in terms of the online internet ad reve

google has not done that yet. the hardware piece to be included in other people's hardware of the you'll see alexa inside other devices not made by amazon. that's a big piece that will benefit amazon down the road. >> my friends here are worried that alexa is always listening. are you? >> she is! [ laughter ] >> is she? >> i think it's a very legitimate question. i mean, it records about a five-second loop, and so just keep that in mind. and separately -- >> is google not always listening? >> google is listening too. >> all right, gene. going to leave it there. gene munster, loup ventures. >>> "check, please" is next. thep ofheowts dades a taedce d clinnoti itsburg thep ofheowts dades a taedce the stdvcetaaly enen ro d or, erfuture ismarial t elr coy'stomorr y atat.ngo dok yourur? amounancl viso freerealize o fit yo faed 'thiss av 200 mile. w, evy llin maer o fbon thk ed and sas wa helof, hebrakesrengoout evych vtu come dieo 200 mile. w, evy llin clr.brake k giviheitd >>> check please. >>> senior administration of

so, that's google statistics. by comparison, runner up was cruise automation, the san francisco company owned by general motors. their drivers had to take over 18 times per 1,000 miles as compared to decimal 2. you may recall san francisco's red it has got itself into a bit of controversy with trump supporters. a couple of months ago its ceo admitted he changed some of their postings. this morning red it says it's banned the red it community alt right. members of that community on red it were trying to share plans, to dox people. it comes from document. publish private people's information on the internet, home addresses, phone numbers, that is not acceptable on red it and they kicked the whole group out. >> thank you very much, scott. most recent backlash against uber appears to be far from over. the examiner reports that the #delete uber movement is organizing a new protest for later today outside uber's san francisco offices. uber has been under fire for turning off surge pricing to new york's airports when tax

, google. at least we know the device actually works. >>> and a close call for a family in iowa. a train went off the tracks and almost into their front yard. family members were sound asleep sunday morning when they heard a loud noise and then the whole house shook. no one was injured in that derailment. >>> and then there was this scene in a texas town. a steer somehow managed to escape the butcher and led officers on a chase for two hours. finally, two cowboys on horses were able to rope the animal. the steer is getting a temporary reprieve. the butcher says the cow was too stressed which apparently makes the meat a little tough and bitter. >> literally made a run for the border attat that taco bell. >>> a jogger murdered. how police tracked down the suspect. >>> and the young woman in a high school basketball team teaching us all a lesson. the incredible act of kindness inspiring so many this morning. s have laser drilled holes. they release medicine fast, for fast pain relief. tylenol® mas

who is making money from that is google adsense sending this? i think it will be helpful if we all got to the same point with the mechanics of how it was and gains are made on the internet with fake news. if you are trying to make fun -- make money off fake news, you will start many websites. you do this to diversify your risk. if you get shut down in one place, you don't get shut down everywhere else. you then try and create essentially an engine that turns out a lot of content. it is usually very short, sensational, usually deliberately vague and false. you can sometimes go and pay $20 for a paragraph. network,use an ad which is basically a middleman between you and the advertisers. you basically use that as you get ads on your webpage, usually very low cost ads. >> if you going into a page and the ads are like for special face cream that alan is using or just weird -- that ellen is using or weird stuff -- it is low-quality advertising. you keep creating content and get clicks anyway you can on any social media platform or even of chains. what

that 200 million amazon and google listening devices will be sold they sheer. these speakers are designed to listen to your every word, react to commands, and our health all, but what are you giving up in the process? senior investigative reporter lisa fletcher looks. from the moment that you bring google home and amazon echo into your house, they are always listening. >>. i think i can be helpful lisa: perhaps so, but at a price. >> the concern is privacy and security. lisa: these devices connect with your smart phone, email, and streaming services. they know what you buy, what you watch, and how you pay for it. or dishonestd employee could pull the identities of millions at risk. theeople work with with the technology. you manually shut off the microphone, the devices are always listening, all day, every day, even when you think you are out of your shot. they can and do hear you from clear across the room. but the only time the company say that audio files are transferred is when you trigger the device by saying alexa or hey, google, but in order to hear thos

google and facebook and apple, they are doing just fine. they have a lot of innovative folks and they will do great things for our nation and the world. i am concerned about the people who do not have the opportunity to work at google or apple or facebook who also have to deal with the software revolution that our nation is facing. who will create opportunities for them? how will we have base of fairness for the middle class? a lot of the regulatory rollback that the administration is proposing is not going to help people in main street and not going to help the middle class of the needs the help. host: why not? of a: like the example repatriation, it is going to allow corporations to get more funding and money back to shareholders. in other cases, it is going to hurt environmental standards. gutting so much of the epa and it may make it easier for companies to do business here. what about the young folks who have asthma or young folks were living in communities and are going to face more pollution? onother cases, the rollback worker rights

google is working on self driving cars. waymo is suing google for patent infringement.o back to square and talk about their earnings report and the business. sarah friar is impressive as cfo. you brought her into that company. what was interesting about the quarter was that 1/4 of the revenues were from new things the company created in the last two years, and it was a really strong quarter on the revenue front. this is when he seems to know how to make stuff. >> it's almost $100 billion stand-alone business now. which is really impressive. i could see $100 billion company just on the new businesses. square is a much better business. cory: agreed. >> you want to buy some shares? square's fundamental business smb ofts s&p of scale -- scale. small and medium-sized businesses. square is catching up to into it in terms of -- to intuit in terms of its size and relationships. people will see that square can be the same platform that intuit is. intuit has not innovated in a decade, but it is still worth $30 billion. it's kind of an autoscaling business model, which is really u

the google c-e-o wrote back.didn't offer her a job, but he did tell her to keep working hard and follow her dreams. .synopsis...a few residual lingering showers are possible this evening, otherwise dry conditions expected. the next rain band will move south to north across the district on friday before turning to lingering showers saturday morning. mainly dry saturday afternoon and sunday with the next front arriving sunday night into monday with another round of wind and rain. a final system will bring another chance of rain tuesday with showers lingering wednesday and thursday of next week along with seasonably cool temperatures. && .discussion...as of 2:02 pm pst thursday...showers have mostly ended across the district. then next storm is still on track to spread rain from the south, with areas around point conception and south expected to receive the brunt of the rain. rain is expected to begin across southern coastal monterey county after midnight, and intensify and spread north through the morning. winds wi

google's response was one of many from high-tech companies. joining me are cara swisher, founder of the online tech journalism site rikoc, and head of kqed's desk. care ayou broke the story this week, several silicon valley companies banding together to oppose president trump's travel ban. which companies are involved, and what exactly are they doing? >> well, there's a lot of things going on. i think it started friday when the order came out. i think they were caught unawares. these companies had gone to see trump, it the heads, if you remember a couple of weeks ago. and they were acquiescent. they made no statements. these are people who never don't make statements. they didn't -- they sort of skulked in and out. i think they were hoping they dwoo wouldn't do stuff like this. they talked about how the meeting was important in silicon valley, and he did exactly what he said he would do on the campaign trail which is create a ban. >> that shouldn't surprise them, though -- trump is doing what he said he would do when he was campaigning. >> yes

she got a real response from the ceo. >> she addressed the letter dear google boss. >> yes.re google >> like how she's focus how her expertise can best be the company. >> apparently her dad had been talking about google and how great of a workplace it is. >> very cool he's communicating with his daughter that way and some dads are also going viral for having a different kind of communication with their daughters joining them in ballet class at a northeast philly school. and the philadelphia dance center posted this video which has now gone viral. 2.5 million views, big shoutout to the dads wearing the tutu. that has been the one getting the most attention. >> understandably. that just came from his closet. he didn't even have to buy that. >> look at those beautiful pointed toes. >> busy at the barre class. beset your eyes on the coolest thing you'll see all day. this is wrong crystal known as red panda. hold your breath hold your breath. wait for it. >> i'm already impressed. >> wait for it. >> that looks really difficult. what else in. >> hold on. hold on. you have to let i

with strauss right now, google is coming up.roadband and releasing balloons across the globe. we have details, next. this is bloomberg. ♪ samsung. an update on the south korean court had issued an arrest for the de facto leader of samsung. he was going into court as you saw in the pictures. samsung says they will try to do their best to reveal the truth in the court trials. and some commenting in email statements. we will bring you more as it comes in. in 2030, google running tests and expandingon broadband across the globe. they say it is not necessary anymore. they say they have found ways to run the program with fewer balloons in particular regions. we are joined by tom giles. break it down. it can be slightly more targeted now. tom: they have figured out how to do it much more efficiently, another example of what people have said about ruthless -- they are asking people to scale back the ambitious projects and do things more efficiently, in a way that will help the different moonshots, if you will, achieved profitability mor

that is something google believes in deeply.ng facebook has been trying to solve as well. we will see who gets there first. tom giles, putting it into perspective. meantime, the revolving door swinging again. the division of alphabet that includes fiber. the former ceo of telecom service aerial communications taking the helm, but with the appointment, things will be slimming down. several hundred employees will be moving. and that does it for this edition of "bloomberg technology." all episodes are live streaming on twitter. check us out weekdays at 5:00 p.m. in new york, 2:00 p.m. in san francisco. this is bloomberg. ♪ >> jay y. lee are arrested. worked onfect oh has library. elian's were word shareholders. first-ever share by that. money flows in two pimco. we speak to the cfo. trifecta.mp's three of the administration's top diplomats dissent on germany. will vice president mike pence take friends in europe? -- make friends in europe?

a driverless car, the waymo division, central to google's plan. car projects the company, uber is developing technology -- capability in-house. caroline: that was cory johnson and brad stone. be sure to check out the upstarts. outs now. -- out now. the grand ambitions with president trump. is it a case of deja vu? the details next. news" like " bloomberg check us out on the radio. this is bloomberg. planting a size-six, non-slip shoe into that door. on this side, i want my customers to relax and enjoy themselves. but these days it's phones before forks. they want wifi out here. but behind that door, i need a private connection for my business. wifi pro from comcast business. public wifi for your customers. private wifi for your business. strong and secure. good for a door. and a network. comcast business. built for security. built for business. ♪ ♪ shery ahn: the update of the top stories. toshiba expects a net loss when it reports earnings for the nine months ending in december. it is still working on tomorrow's release including what it calls a

google never tells us how many clicks they have.seems a good kind of number they should be breaking out. shelley: we know a little bit about it. did a little bit around $14 billion in sales. so the bulk of that does come in online sales. that comes from the u.s.. it is still a tiny number when you think about the fact that walmart is almost half a , and sales per t year. corey: we heard from the walmart ceo. check this out what he had to say. >> we continue to invest in e-commerce to accelerate growth. we are gaining traction in moving faster. with the second -- we are the second largest u.s. retailer by value. our warm out -- our will walmart app is one of the top three. the characterization that they are the second largest retailer is kind of up for discussion because that does not take into account apple, for example, or hewlett-packard. if you think about traditional retailers, walmart is the second-largest. corey: and to that, what do we know about their traditional is this and is that going the way of other retailers that had

. >>> google might have to hand over documents and why it is crying foul. >>> tablets, smartphones andter monitors. artificial light can wreak havoc with your internal clock. there is an easy way to get back in sync. first, this morning's tech bites. >>> in today's tech bite, improving battery safety. south korea will strengthen the requirements for lithium ion batteries. >>> samsung was forced to scrap its galaxy note 7 smartphone because the batteries sometimes caught fire. it cost samsung billions. >>> the dangers of home connectivity played out last night during the super bowl. >> the ad for google home aired on millions of tvs. when somebody in the commercials said, okay, google, units mistook the voice on the tv for their users. >>> lady gaga's halftime performance was a hot topic on twitter. there were 5 million tweets before, during and after her performance. >>> in the meantime, gaga's twitter handle was mentioned 2.1 twitter handle was mentioned 2.1 million times, shortly before, ...until we found a connection. you have the power to change your child's life. the boys town nat

i mean, google has just opened up a data center in oklahoma. sales force just opened up a huge -- they bought chase tower near indianapolis, i think in indianapolis, in indiana. created almost a thousand jobs. these are companies that are also looking for their strategic interests and partnering in the u.s., and even if they're not directly creating jobs, they're creating potential app developers and others who can create jobs in the u.s. so i think as a congressman from -- who represents in the united states congress, my first priority has to be how do we provide these opportunities to people in this country. >> host: how can your current committee assignments help you in your work? >> guest: well, i've been very fortunate to be on the budge committee which, of courseing -- the budget committee which, of course, debates the big issues of where economic priorities ought to be. and where i fundamentally disagree with the president is his idea is that if we just had the right tax and trade policy, we could somehow bring these old jobs back. and m

first of all, google and facebook are gold medal athletes.l, executing well. you saw the recent numbers. they have done a good job and continue to do a good job, but the one space we want to be an olympic athlete in is the brand space, in the same way google cares about search, facebook cares about social, we care about brand. as you have noticed on social networks with fake news and things like that and in the search space where it is more ai than user-directed search, brands become a really important role, so we want to be owners and partners and content brands to have a brand advertising system which really helps find new consumers for customers and push them all the way through the conversion funnel. if i said to you simply facebook is social, google's search, we will be brand. everything we do as a company's around brand and we are excited about the future of advertising. it hasn't really been cracked yet and we are probably one of the first two or three companies on it. caroline: that was the aol ceo tim armstrong. while at the makers c

we saw google taking the lead on negotiation with the lawyers. going to pay them back when it is all done. caroline: from a financial perspective, how are companies feeling ramifications? we are hearing that tech companies are postponing hiring. >> we are hearing the companies are getting in touch with people who are abroad and traveling and affected by the seven country ban. they are offering legal advice. that is the first level. it could affect hiring and recruitment and how much do foreigners want to come and work for a u.s. firm. these companies have been built on innovation on the part of immigrants in many cases. immigrants are leading the biggest companies in this country. wholefundamental to the tech ecosystem that we bring in immigrants, that we have people who have the qualifications who are engineers from overseas. caroline: we see technology facing off against. up, a $7 million splash they will be putting into a arizona-based technology manufacturer. -- intel hadplant been planning and spending on this are many years. interestingly,