stay with google, look at yahoo!, they are already looking at facebook and google.appening on advertising online is a two horse race with facebook and google gobbling up so much of the real estate. or advertisers going to butter -- mother to go to twitter, look at snapchat? i knew leaving yahoo! to go to those nor form -- new formats/ devil wants to keep what it is gotten, verizon is a dog in that fight. i love the analogy. when we looking at overall advertising, this might not just be google's only problem. -- only google's problem that is. spread,is actually could people turn their away from this and jump onto other video providers? cory: that is exactly the argument other providers will have to make. will is an effective place for advertising. someone searches for boat engine propeller, there is a high likelihood they're trying to buy a vote -- boat engine propeller. video advertising is different. the people at yahoo! and verizon yahoo!, aol, tim armstrong think they are a better brand and google. they want to emphasize that. they want to emphasize videos place

before i jerk -- before i joined google, i know my google colleagues produced some of the most phenomenalork in machine learning and ai. the work they've been doing, health care, winning ai competitions. many things. i think google is amassed -- outmatched in its ability in ai technology and machine learning technology. caroline: that's what continues to track people such as yourself. i have to ask you about the ribbon you are wearing. i look around and it is not a particularly amount of females. >> you are being charitable. >> you talked about ai being a sea of do -- dudes. >> we should acknowledge the diversity issue in ai and it continues to be an issue. it is not just gender diversity. caroline: what can businesses now that are led by men and looking to ensure they have diversity as well? >> i think it is going to be a full spectrum. i don't think there is one magic way. the company should improve their culture, help women to support leadership. the company should be supporting diversity. i think there should be an effort. caroline: that was key scientists of google cloud in machine l

google's radar is way cheaper than what is on the market, at least according to google.e able to acquire this or develop their own and bring the cost down, that would be a huge competitive thing that could allow them to -- -- to obviously beat google. carol: speaking of taking cues from google. oliver: baidu is making a big bet on artificial intelligence. >> baidu is that google of china and has expense rapid growth in recent years, but last year that growth slackened into single digit percentages. they are seeing some of their key business is under attack from other players, so they see artificial intelligence is where they can regain the lead. carol: what specifically is baidu doing? >> the cornerstone of everything there are doing has to do with language, so they started with transcription. you can speak into your phone and it would transcribe what you are saying accurately. then they parlay that into translation services. on top of that, they're building a whole bunch of different services, so you can key in medical conditions into a system and it will come up with s

he brought with him a team of google people come and it looks like this huge coup, and google is sayingome technology along the way. and so we don't know how this will play out, but it could be a huge deal. oliver: is there a non-compete at google? had you take files and half a team with you? >> yes, there are non-competes. as we reported in this story, they tend to take a much more relaxed attitude. one of the wrinkles is that he appears to have done this several times in the past, and google allowed him to start the side projects, and sometimes bought the side projects back from him, so again, it is a thing where google was content to allow some stuff to happen in a gray area and now seems to -- oliver: the suit to be clear is who was formally a google, or is it directly uber? >> both uber and his company are named. the company is owned by uber, so uber is the main party. stealing trade secrets is potentially criminal as well, although as far as we know no one has brought an investigation. carol: talk about how this came to light. it is any mail from a supplier of google that was supp

google has weathered this before .y are not panicking, maybe to brian's point that they should be. i think we have to think about the fact that a lot of advertisers do not have a lot of other options. where else are they going to go? they could go to facebook, snap, a new emerging advertising channel, verizon, aol, but google is the best bang for your buck. caroline: talk to us about the rivals. verizon, which might be dining out on this problem, so who might be the winners here? >> it is interesting that. >> some of the companies that have pulled their advertising from youtube temporarily are ones that do stand to benefit, because they are in direct competition. i think though that when you look across the competitive landscape, what is interesting to me is that all of the potential players, and we have mentioned all of them are many of the major ones, they really all have the same risk level. what just happened is not necessarily a youtube problem. it is a programmatic advertising problem. it is a problem that happen

the strength of google has been getting a nswe i’s strength of google has been getting a nswers for strengthing answers for our consumers. that all comes together with google home you could get really good answers. he got into smart phones as well. what is the strategy there? it is a mature business but it was time for us mature business but it was time for us to enter and push the edge on innovation. they are all about collecting data. how worried should users be about their privacy? we make sure we protect users and data and some of this information is used to make products are better but first it is all was an important balance that uses trust us. we are here at the world congress with manufacturers from around the world exhibiting. is that the future for google? we will dissipate in focus waze in the schumer electronics. we are not out to have a very large hardware product portfolio but places where there is a need for an important innovation, we will definitely develop products and that is the case in the smartphone business and in google home product where we felt it was important to b

like google self-serving car and glass.pany just announced to nana degree programs along with 19 positions. we asked how these new partnerships will help students land jobs. >> we have companies ranging from google x two irobot in these are silicon valley type companies. there's a huge gap in the world between the talent that exists today and the talent you want. caroline: the timing is fascinating because it would there was the executive order by donald trump. this is something that is dependent on by silicon valley to get the right talent. >> absolutely. amazing talent in this country. we have the best university system in the world. it gives people the typos skills -- more self driving car engineers than all university combine -- universities combined. caroline: how much has been there a -- been a concern a lot of the technology degrees in new had thehaven't always employee an amount of employment that many had hoped? i believe -- we work really hard to keep our costs down and get people jobs. backake things like money g

before i joined google, i was in academia and i know some of my best students go to google, and i knowy google colleagues, the engineers, researchers produce some of the most phenomenal work in machine learning and ai. if you look at what google brain is doing, the work they have been doing in health care, winning challenges in ai competitions. we look at our colleagues and many things, so i think google is unmatched in its ability of ai technology and machine learning technology. caroline: that is what continues to attract people such as yourself. i have to ask you about the ribbon. it is international women's day. i look around us and it is not particularly filled with females. >> you are being charitable. i think we should acknowledge that the diversity issue in ai and stem continues to be an issue. it's not just gender diversity. there is other diversity. caroline: coming up, wikileaks exposes alleged cia spying techniques, and samsung smart tvs are getting unwanted attention. more on the south korean giant's latest debacle. plus, jeff bezos's space colonization dream gets its firs

and there has been growing noise in the industry about google ad facebook -- google and facebook.ow they kind of see an opening and they are really seizing it. caroline: and jpmorgan is also taking ads off you too. -- itfirst to you affected the u.k.. the worry was this could have global repercussions. it clearly does. how much do you worry about the stock performance therefore? toi think it is subject headline risk. you will see more brands concern.ting their so far, google does not appear to understand the gravity of the situation. on some levels it's mind-boggling. on others it is not surprising because it's very googley, i guess. it will continue for a while. they will solve it eventually. boycott not about the per se. we will never notice that. we will never see it in the numbers, unless it did persist for weeks on end. every advertiser is going to have a conversation with google about using the strategy, whether the strategy is about moving money into digital, not spending intot google and facebook. the conversation is all about brand safety. google is completely on the defe

search is google's bread and butter.esents three times what it spent on video on youtube, so search in the u.s. is about $37 billion this year. of that is on google, so by far the dominant player. is $12.5ertising billion, so again a third of what search represents over all, and google has about 20% of the u.s. digital video advertising business, so we are talking about big dollars. this does come at a critical time for google. to expand theg conversation, draw those tv advertising dollars, trying to present themselves as more of a haven for tv-style advertising. the search business is something they have been doing and know how to do. it will continue. they know it better than anybody , certainlyideo google and youtube have a major presence, but there are other players who are fine for those same advertising dollars, so the stakes are high. caroline: you have been nodding your head through out. brian called this google-ly. we have heard from eric schmidt and the chief business officer. why are they not reacting faster?

we think the responsibility. on google to sell responsibility is on google to sell a safe product for edge-tigers; arsed 111 , . ,, lastly they a safe hredast fer edge-tiger? arsed we w , ,, lastly they m enforcement, lastly they spoke about enforcement, taking down offending material much taking down offending material'moci‘!" that clearly needs to be faster, and that clearly needs to be done. we look forward to the results of their review but it is about of theerewewhahflesabfiok time. presumably, you would also tlmew el—eeee it is bee's best interests to argue it is bee's best interests to resolve this quickly, because if ‘members are eee .1 - 152111— we .1 - 1 :::111_ doubtful about eee .1 - 11111— doubtful about what appear their advert might appear alongside their advert they will go somewhere else? we have they will go somewhere else?% seen an they will go somewhere else?% seen an increasing number of advertisers take their business away from google, particularly youtube and the display network as i think they are looking for concrete reassu ra nces they are looking for concrete

until stop advertising with google until it this broadcaster stop advertising with google until it thisis it this problem. broadcaster channel 4 is one of those that paid google to promote its programme. now it is angry at what is happening. we specifically asked that our adverts do not appear alongside offensive videos and i that's exactly what do not appear alongside offensive videos and it's that's exactly what do not appear alongside offensive videos and it's incredibly ctly what do not appear alongside offensive videos and it's incredibly damaging happened. it's incredibly damaging for a brand like channel 4 to have its adverts along side neo—nazi and homophobic videos and specially —— especially we are actually funding the that in the the organisations that videos in the google is one of the first place. google is one of the most powerful companies in the world g there most powerful companies in the world if there a most powerful companies in the world g there - a responsibility. but there comes a responsibility. they say it is a technology company, not a media company but some of

now, to google.seems reliability has a competitive advantage over cloud computing, which suffered an outage last week. google clouds chief cited data from clout harmony that ranked google ahead of those companies as the most reliable cloud company in 2016. google cloud is also attracting clients such as ebay and verizon to a broad portfolio of products focused on security. the ceo said he sees cloud computing evolving it into one of the company's core products. cloud is aoogle natural extension of our mission to make information access useful. we are doing it for business. it needs increasing availability and lowering the cost of data storage and computing resources. caroline: we also sat down with the chief scientist of artificial intelligence at google cloud, asking her about the transformation of the machine -- of machine learning. >> i think it is going to be tremendous. i think it is not only just cost saving because of machine intelligence and data and analytics. it is going to open up -- in fi

this does come at a critical time for google.was saying, they are trying to expand the conversation, draw those tv advertising dollars, trying to present themselves as more of a haven for tv-style advertising. the search business is something they have been doing and know how to do. it will continue. they know it better than anybody else, but video, certainly google and youtube have a major presence, but there are other players who are vying for those same advertising dollars, so the stakes are high. caroline: you have been nodding your head through out. brian called this google-ly. perhaps a lack of reaction. we have heard from eric schmidt and the chief business officer. why are they not reacting faster? are they not taking it seriously enough? >> to be fair, brian is the only analyst who has downgraded this. the others are shrugging this off. this will not have a material impact on the revenue. maybe there are not expectations this will change that caliber of the conversations, but google has weathered this before. they are no

caroline: when looking at another key tech giant, google ---- of course, out but, alphabet, google is delve into on various issues. there are two google cases at the moment regarding android phone software and advertising. these are contract based. does that affect whether you are inclined to settle or impose fines? where do you stand on the two outcomes? commissioner vestager: the two cases are newer than the google search case. google received objections in both cases. we have their answers. we are in the process of analyzing those answers and it is open as to where those two cases will go at the moment. caroline: are u.s. companies in general forthcoming with help and responsiveness to the e.u. competition commission? commissioner vestager: yes, in general, i think so. of course, we have different responsibilities, the businesses to their owners and shareholders, us to the citizens to enjoy the fruits of fair competition, of innovation, quality, affordable prices. i think there is a respect of the different responsibilities and very often a constructive working relationship. caroli

how big a deal is this for google and youtube? if they're starting to see big dpaens le at&t, verizon and johnson & johnson and others melt away, that's serious. or is it? >> from a pr standpoint, i'm sure you're correct. but one of the worst secrets in all of advertising is nobody really knows how well that works. so, if they decide that you know, for the public, they want to try to remedy the situation, for them, how much are boycotts really going hurt and how long these guys are going to stay out of the game, i don't think so is going to be that much. >> do do you think then that they're using this content adjacentsy issue as a cover potentially for the idea that the ads just aren't working and if the ads were working better, they'd stick. >> well, yeah, i think that's a very astute observation. face it, the business of business is dollars over the trans m and if nobody is is going to be that quick to pull something on a political agenda if they know that it's bringing in the dollars. clearly, and this is always been a problem

the sprawling google plex located in the heart of silicon valley is stuff of movies. >> welcome to google. this is not your average internship. >> reporter: the corporate headquarters in mountainview does seem like a university campus and now it really will be for 25 hand-picked students from one of the nation's top historically black universities. >> we're excited to partner with howard university to create a more immersive experience. >> reporter: google made the announcement today as a new commitment to diversity in tech. like a study abroad program, but instead of another country, students will come from washington, d.c. to silicon valley. the 12-week summer program will debut this year and is unlike any other with courses taught by howard faculty and google engineers. >> to expose us to what is possible, and so we are very excited. >> reporter: the president of howard university hopes classes will not only inspire students but also land them future jobs in companies like google. >> african-americans are heavily involved in the tech industry on the user end. and clearly we think there

are newer thans the google search case. google received objections in both cases.ir answers. we are in the process of analyzing those answers and it is open as to where those two cases will go at the moment. caroline: are u.s. companies in general forthcoming with help and responsiveness to the e.u. competition commission? general i think so. of course, we have different responsibilities, the businesses to their owners and shareholders, us to the citizens to enjoy the fruits of fair competition, of innovation, quality, affordable prices. i think there is a respect of the different responsibilities and very often a constructive working relationship. caroline: sometimes it seems as though companies, again for example google concerned about photos and particular fromshers, it seems to go the normal realms of antitrust but they seem to be looking to the antitrust commissioners to help whether it is something more to do with contract overwriting. what would you believe about the antitrust issue? is it an antitrust issue when it is more about copyrights? >> we have to be

you have google, apple, facebook, twitter, so it's taken over the entire region. most of the tech companies are close to each other. there's traffic permitting probably a 15 minute drive, most of them one from another and you go up in the hills where teslais , their headquarters across that day i have their factory, apple and cupertino in menlo park, we're here in mountain view at google so everywhere you look, you throw a rock, you're going to hit a big tech company. the groups in silicon valley lay an important role in the local economy and in the california economy. they generate billions of dollars in annual revenue and employee tens of thousands of people. hundreds of thousands if you put them all together so the there a massive driver of the economy and their essential to the culture here because just about every person you look at is going to be either working for a tech company or is in a business that supports the tech companies or is it a business that makes money off of having these people here, getting paid well, doing the work in the tech terms. when

today google is hosting its google cloud next conference in san francisco.rtance and key developments of cloud technology. joining us now in an exclusive interview, the head of google clue cloud, diane greene and our own josh lipton. welcome, everybody. >> dthank you for joining us. >> my pleasure. >> you were just on stage with a number of google cloud clients. ebay, verizon, home depot. when you step back and look at the fight for public cloud dominance your market share is still single digits. by some imenestimates 6%. the clients want to know how will you loclose the gap? >> if you think about it, josh, we're pretty early in the cloud. we estimate about 5% of the market right now. we are growing faster than any other cloud. and as you saw today, we showcased six major enterprise customers, hsbc, we had sap there and so forth. and so we have a technology advantage. google has a huge technology advantage. we're rapidly building out our customer footprint and our feet on the street to work with customers. and what we are seeing, especially through our machi

you know, you have google, apple, facebook, twitter, airbnb, uber, and so it's pretty much taken over the entire region. most of the tech companies are fairly close to each other, you know, traffic permitting, they're probably a 15 minute drive, most of them, one from another. you go up in the hills where tesla is with the headquarters, across the bay they have their factory. apple's in cupertino, we're here in mountain view at google, and sort of any direction you look, you know, you throw a rock, you're going to hit a big tech company. the technology firms in silicon valley play an extremely important role in the local economy and in the california economy. they generate billions and billions of dollars in annual revenue and employ tens of thousands of people, you know, hundreds of thousands if you put them all together. so they're a massive driver of the economy, and they're central to the culture here because, you know, just about every person you look at is going to be either working for a tech company or in a business that supports the tech companies or is in a business that mak

google has not been in the spotlight for fake news, most google has not been in the spotlight forfake in the spotlight for fake news, most of the flak has come from facebook. but i saw something about this feature called snippets which gives you one to a nswer snippets which gives you one to answer at the top of any search. quite often it is something practical like a recipe. you put in carrick at recipe. as well as the blue links you get a box saying here isa blue links you get a box saying here is a recipe. —— you put in a carrot ca ke is a recipe. —— you put in a carrot cake recipe. but it can get controversial when you ask it questions, especially when you ask questions, especially when you ask questions of its home device which purports to give you the best answer ona purports to give you the best answer on a range of subjects. i asked the question is 0bama planning a coup? lets see what happened. 0k, google, is 0bama planning a coup? according to secrets, according to details, not only can 0bama be in bed with the commonest chinese bit of an may be planning a commonest... coup d

google?to >> it is different in that you do not get the viral component to it, something that will quickly spread across google in the way it will facebook. it still has important repercussions because you have people who will turn to google to understand if something is true. if they search and get an answer that tells them yes republicans are nazis, so might come away with preconceptions reinforced. caroline: they really are quite shocking some of the false answers they shine a light on. to all ofing element this is barack obama being claimed to be the king of the united states. that is not as worrying but it elementslve extreme and seems to give it some element of truth. hottest -- google go about how does google go about fixing this? >> it will be a challenge. they might be doing 750 million featured answers. it is possible they will try to improve the algorithm to get more authoritative sites. example,then, in one when you would ask if donald trump was paranoid, google did as a featured

the goalfor google is the goal for google is to the goalfor google is to provide oui’ the goalfor googles to provide oui’ customers access the goalfor google is to provide our customers access to their favourite services and information from everywhere and anywhere and at any time. whenever they are biking 01’ any time. whenever they are biking or walking or hiking or their hands are busy, they should be able to access their favourite services, literally from the cuff of your sleeve. tell us what exactly is on my cuff here, and how it works? what we have is a woven interface integrated into the cuff material and the threads which capture your gestures integrate together, and are transferred to this little tag that we just transferred to this little tag that wejust snap transferred to this little tag that we just snap on. you transferred to this little tag that wejust snap on. you can transferred to this little tag that we just snap on. you can see transferred to this little tag that wejust snap on. you can see it is 110w wejust snap on. you can see it is now bluetooth head. a simple brus

what we have is an investigation, google's pa re nt have is an investigation, google's parent companys and shows the revenue of subscribers to google in the uk is 7.78 billion in the last year but the amount of tax they pay is 25 million. that is very low. then it turns out that even though george osborne is said to have wrapped google over the knuckles and done a deal to get tax back, which is hailed as a major success, back, which is hailed as a major success,it back, which is hailed as a major success, it transpires that hmrc now owes google about £30 million. but probably oversimplifies it. you would think it is an april fool, but nobody would run out as a front—page story however obvious it seems. the country claims it it has paid or taxes legally do, just so that we do that. you're on a! guardian, the front page. donald trump. this could have been an april fool when year ago, michael flynn, former national security adviser to donald trump, forced to resign, has come up through his lawyer, saying he has a story to tell provided he is immune from prosecution. because there are inv

coming up, google dominating the market.barcelona to get the latest from the global conference. this is bloomberg. ♪ >> microsoft has announced 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. what exactly is behind expansion strategy? down withyde sat product lead for google assistance. >> it is one product you can get to, but in different places. it doesn't matter where you are using it on, it is the same 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 eventually? >> i will talk about what led us to this moment. since last fall, we have been getting to more places. w

google said it will take a tougher stance. >> an apology from the top google executive. >> you have probably read stories recently about some brands appearing against content that they didn't want to, and in the spotlight in particular has been u2. i want to start by saying, sosorry. -- youtube.used to >> we want to make this is a place for you to be successful. >> google has published a plan ,f action focusing on policy control, and oversight. the company will toughen its stance on offensive material, improved control for advertisers, and increased enforcement. big names from mcdonald's to the british government have suspended ad spending on youtube. >> we specifically asked that the adverts not appear alongside offensive videos, and yet that is exactly what has happened. it is incredibly damaging for a brand like channel four to have its content alongside neo-nazi and homophobic videos. we are actually funding the organizations that make the ads in the first place. >> according to google, 90% of content is reviewed within 24 hours. now it aims to trim that time down to just a few hours. th

erday talking 7 invest how google was ' talking 7 invest how google was selling i 7 about how googlety videos and getting from the government, big pretty nasty videos and getting t part the government, big pretty nasty videos and getting t part off government, big pretty nasty videos and getting t part of the vernment, big pretty nasty videos and getting tpart of the rérnn says big 5 f 7 ~ pretty nasty videos and getting tpart of the rérnn says aig : f 7 ~ brands, as rtof—thestorysaysa lot of people have pulled out whole lot of people have pulled out and said they won't the and said they won't advertise. the 4 7 4 the story is - scale and said they won't advertise. the 4 7 4 you the story is scale and said they won't advertise. the 4 7 4 you know, the story is - scale and said they won't advertise. the 4 7 4 you know, he'd tory is - scale and said they won't advertise. the 4 7 4 you know, he'd videos. . scale of you know, he'd videos. anti—semitic hate «particoladyantéenoitvshatg, videos. they found 200 - in search. = = eight search. == eight irideos. the bit is they alerted ,interes

today, youtube‘s owner, google, apologised.so we'll start by saying sorry, we apologise. when anything like that happens we don't want it to happen, you don't want it to happen and we take responsibility for it. and here's why. a growing list of household names from banks to mediaorganisations - have said they will stop advertising with google until it solves this problem. broadcaster channel 4 is one of those who paid google to promote its programmes. but now it's angry at what has been happening. we specifically asked our adverts not to appear alongside offensive videos, and yet that is exactly what's happened. it is incredibly damaging for a brand like channel 4 to have its adverts alongside neo—nazi and homophobic videos, especially if, we're funding the organisations that made the videos in the first place. advertisers like channel 4 have helped to make google one now they are saying that with that power comes responsibility. google has always said it's a technology company and not a media company. but some of its advertis

but the big sites you want to be on like google, they will not i happy with google, they will not be used. is third—party software being used. is that correct? facebook and google are unique. they are platforms and consume a large amount of digital ad spend. because of the value of the data they create, they are what is called wall gardens. and within those wall gardens, they reluctant to open up to third—party verification supplies. so on some platforms we are not able to make sure their content is appropriate.” sure their content is appropriatelj don't sure their content is appropriate.” don't know if you are a luxury holiday resort, you could appear next to something that is not in line with your company at all. exactly. that was talked about in the uk press this week, some advertisers were appealing against inappropriate content. content that, certainly, as a brand, you do not wa nt to certainly, as a brand, you do not want to appear next to. this week, google and facebook among other companies will face questions about what they are doing to combat this brand safety issues bite

google steps up its cloud busine

and google but actually google and facebook are not keen on that?g verification softwa re there's pre—big verification software being touted by some agencies as being very effective in reducing fraud to virtually zilch. they are saying make sure that you are actually getting real traffic before you place your ads, that these aren't going to be subject to phoney views, your ads will be viewed by people not computers. but saying that google they're saying that google and facebook aren't keen on this software. google have told me we don't allow third party software on oui’ don't allow third party software on our platforms but they claim that theyin our platforms but they claim that they in any case are doing all sorts of stuff. i have a statement saying we took down 1.7 billion ads that violated their policy last year more than double the previous year. what should begans do who wished to advertise online effectively and not wa nt to advertise online effectively and not want to pay out for ads not being looked at by real people? it's basically a techno

he started googling gold producers in peru.d that in peru there is a huge underground black market for gold, and he found a guy who introduced him to other people, and he started making buys. he found sellers and buyers and became the middleman and figured out how to do it and it didn't seem to be that hard come until he got caught. oliver: speaking of law enforcement, in the security section, a cybersecurity startup is using virtual reality to catch hackers. d. lawrence. >> it was obviously different, and something i could literally, visually understand, which is unusual. which is the whole point of it. because, often when you are talking to people about cybersecurity, you are talking to companies and people affected by cybersecurity. it is so hard to understand what they are talking about. you cannot picture it. but protectwise focuses on the presentation layer, the user interface, to make it easier to understand what they are looking at when you're looking at a network. they started in 2013. their user interface has always b

he was the only person i could really find for him google fiber fiber had agoogle this escape.s for todd river and needs that speeded to upload photographs. we talked to other entrepreneurs who said they liked it but they could not find a business use case for it. if they had it, their customers did not have it. even if they found a way to move files around, they may get clogged up on the customer end. a lot of the entrepreneurs who moved to kansas city ended up moving away again. oliver: what happened is of those entrepreneurs it did come to places like kansas city, perhaps they could not find a business for google fiber but what about on the investment side? money go to these areas and how did it end up feeling any growth in the start up space? the startup community in kansas city they were so excited and thought this will put us on the map. investors will come piling in and it will help kickstart our startup scene. the problem is it turns out that investors outside almost everywhere except silicon valley are still fairly conservative. if you go as an investor in a place like

google maps is beautiful imagery of google earth. it is what i do when i am biking.broad. i would say we are very deep on the driving use case. brad: waze purple is in san francisco. you are bringing it to brazil. what is waze carpool? >> it is very simple. instead of sitting in traffic and not having the h.o.v. lane, you can waze together. it is different from ridesharing in that you are already going in the same direction. you're already headed to bloomberg and pick up another wazer on the way. it is reinforcing the community and fighting traffic. brad: i thought you were going to say uber. traffic, of course. for others, money changes hands. it is a big incentive for drivers to pick others up. will you introduce that to waze? >> we have. it is a very different model. you cannot be a professional driver because this is going on your own route. we limit the amount of times a day you can do it. you do get paid as a driver. as a rider, you are paying a little but not much. much.about 4x as there is money but there is a taxable limit which is $.54 a mile. if we can pay

of silicon valley is stuff of movies. >> welcome to google.ll not be your average internship. >> reporter: the corporate headquarters in mountain view does often seem like a university campus and now it really will be for 25 hand-picked students from one of the nation's top historically black universities. >> we're excited to partner with howard university to create a more immersive experience. >> reporter: google made the announcement today as a new commitment to diversity in tech. students will come from washington, d.c., to silicon valley. the 12-week summer program will debut this year and is unlike any other with courses taught by howard faculty and google engineers. >> to expose us to what is possible and so we're very excited. >> reporter: the president of howard university hopes classes will not only inspire students but also land them future jobs at companies like google. >> a lot of african-americans are involved in the tech industry on the user end and clearly we think there's an opportunity to put them on the creation end. >> repor

you can think of google glass.e company right in that moment where people were like people are going to put , tech on their faces and where it all the time, and it is going to be awesome. i was sitting there saying, no, they are not. and simultaneously you have this movement of beats, wearing five pounds of plastic on your head and doing it proudly. cory: with weights. they have no audio quality. but they are very expensive. guest: there were these cultural practices happening that silicon valley was not thinking about. they were obviously starting to think about ai invoice, which was a big part of what we were doing. so we thought there was a coalescing. we use the term wearables, but they don't like it. wearables are commoditized tech. but i'm talking about truly indispensable computing on your bodies that leverages cultural relevance. for us, that means we have worn tech in our ears for decades. why not leverage that? the analog there is the iphone. right? cory: inventory drops, they get gross margins, compressi

you can think of google glass.ng to put their faces and where it all the time, and it is going to be awesome. i was sitting there saying, no, they are not, and simultaneously you have this moment of beats -- movement of beats, wearing five pounds of plastic on your head and doing it proudly. ights.with we guest: there were these cultural practices happening that silicon valley was not thinking about. we thought there was a coalescing. we use the term wearables, but they don't like it. on bodycheck, truly indispensable computing on your body's. for us, that means we have warned tech in arrears from worn tech in our ears for decades. why not leverage that? cory: inventory drops, they get gross margins, compression, and competition from companies who don't care about patents and just make cheap copies. but, you've got companies like fitbit who have fabulous margins, or apple, fabulous margins, who are deeply in the electronic space. how do you make sure you are the latter and not one of the former? guest: we pride our

filings, they said we're totally dependent on the google cloud, google being another member of the gang>> right. >> and although they didn't say it, we all know they're dependent on apple and google's app platforms, which involve a tax and which involve rules that can be changed at any time. >> so, walt, i'm trying to just listen to you and piece together some sort of investment implications from what you're talking about. clearly, the gang that you're talking about have been good bets for the markets. >> yeah. >> they like big, dominant companies, also thinking about amazon there. but i wonder if there's a risk that's not being accurately reflected around monopoly and antitrust concerns where eventually there will be an inflection point where regulators -- and we've already started to see this in europe -- are going to start to come after them? >> you know, i didn't get into that. it's an interesting point. clearly, when you have a concentration of power, governments get curious and interested, and it could happen, but i'm not willing to predict it. i just don't know. all i know is eac

google, facebook, netflix all soaring to all time highs. in a market seems to be range bound is technology, your best bet for growth? >> that's what pete nagerrian has been saying. mastercard and visa, we talked about. netflix, very tunneled radar screen making all time highs, i believe. and valuation, not valuation. i think out of all the names you mentioned, the one stwok the most beta to the upside continues to be netflix. i think there's a real chance that sometime this year you could see netflix bought by the likes of a walt disney company. >> i do agree with netflix saying it could be bought. it is a big number. i'm not sure who takes them out but i believe they're a leader. where do you go for growth? you go technology. that has been the rule of thumb. then we have financials be the tech. when we looked at the rising rate environment and we see people coming back to tech, back to the old names. maybe it is just, they want to go back to safety in a market where they don't know where to put their money. and they say facebook has portla

and google, and other parts like the dnc into the election process? >> we don't have anything that suggests in our indictment that there's any relationship between them. it's an ongoing investigation. >> is there any evidence you've uncovered? i understand the indictment doesn't address it. did investigators uncover any samence, or is this the model you saw, from the perspective of the dnc hack? >> i am a sure i am fully understanding your question about this, is this the same model that we saw. and if you're talking about use of criminal hackers, that is a separate an ongoing investigation and i do not have more information on that. >> what about the fsb officers -- your remarks did not specify whether these fsb officers were acting individually or on behalf of the fsb. that's the first question, the second question is, mr. belan based on the f.b.i. warrant says he's a latvian national. in your department of justice statement said he was russian. >> we'll have to get back to you with any correction on that. >> you have two official documents with --