now, he's battling google. you think google's a monopoly? >> reback: oh, yes, of course google's a monopoly. in fact, they are a monopoly in several markets. they're a monopoly in search. they're a monopoly in search advertising. >> kroft: those technologies are less than 25 years old, and may seem small compared to the industrial monopolies like railroads and standard oil a century ago, but reback says there's nothing small about google. >> reback: google makes the internet work. the internet would not be accessible to us without a search engine. >> kroft: and they control it. >> reback: they control access to it. that's the important part. google is the gate keeper for-- for the world wide web, for the internet as we know it. it is every bit as important today as petroleum was when john d. rockefeller was monopolizing that. >> kroft: last year, google conducted 90% of the world's internet searches. when billions of people asked trillions of questions, it was google that provided the answers, using computer algorithms known only to google.

google french quarter restaurants, it sends me to yelp, open table but now the first rankings are google'sowing me french quarter restaurants they would say -- google would say correctly, that's kind of cool for the consumer. it's easier. but it does mean that if you're yelp or open table or you're doing any other shopping or travel or restaurant site, you're going to be likely to be disadvantaged and maybe even crushed by google. when we look at the old microsoft anti-trust case, that notion of bundling and tying in a way that suppresses competition is considered illegal and it's bad for the whole economy. i've got students that would love to start up start-ups but they have to think, could google crush me. >> kara, this would have been a different story four years ago they could have done this four years ago. >> yeah. >> testifying about google for a long time. >> yeah. >> in a way you've got facebook. >> yeah. >> that has its own ambitions, its own search internally. instagram, amazon's echo does search siri does search is the argument weaker now about google's monopoly power to connect

oh, but google has to review my request. so why does google need to review my questions. are they waiting for their suspensions to be lifted? that causes concern for me. or is that google is deciding which questions they want to answer? that causes concern to me too. or is there rooftop project top-secret? that would cause concern for me as well. bottom line, what causes the greatest, biggest concern for me and it's google's integrity. i ask you, does google plus does integrity cause concern for you? thank you. >> clerk: thank you. >> since the first meeting on april 18th, we've had lots of meetings. memos, notices, mediations, but really nothing has changed. tonight is the first time i've heard of any plans to mitigate the noise. there really have been no major changes in the quality of life in the building. business goes on as usual. as it has the last eight months or so. it really shouldn't be the responsibility of the tenants to monitor the noise for the law and understand what decibels are. there's a whole team sitting behind me f. professionals that represent google

google denies this. sticking with google, it was hit hard. how the u.s.overnment is not responding to the so-called monopoly, next. tesla is also getting hit. why consumer reports magazine won't give the tesla model three its recommendation. this is bloomberg. ♪ ♪ emily: google is getting a lot of heat after a 60 minutes segment. they called them a destructive monopoly in online search and search advertising. a highlighted how critics like yelp -- rivals like yelp have had enough. >> ultimately, this manifests itself in expecting the top links, the things it shows at the top of the page are the best around the web. i can tell you that is not the case. that is not the case anymore. emily: since the program aired, steve mnuchin urged the justice department to review the power that large tech firms like google have over the u.s. economy. that is taking a page out of the eu playbook. this woman is intent on stopping google's illegal behavior inserts. she was featured in sunday night's episode of safety minute. she has pursued antitrust cases against google an

google's annual developers conference wrapped up on thursday google wowed the crowd with innovations to its digital assistant which the company claims will soon be able to make phone calls by itself. google hopes its digital assistant for mobile devices will soon replace secretaries around the world at their annual developer conference c.e.o. sunday showed what he claimed was the next generation. the first voice you hear is google's revamped assistant i would like to give it to bill for one of the better. then we will. get it for four people for believe. that anyone today. a cell phone making reservations for its users google's calling it project duplex and it's just one example of how they hope artificial intelligence and machine learning could improve user experience tech companies are taking advantage of powerful new processors self adapting algorithms plus new cellular networks and the result google says it's a system for the end droid operating system will sell more realistic have more interactive conversations and carry out more actions for users meaning using a cell phone coul

google has already been fined around the google shopping .ervices there are two more investigations going android and adds -- ads. what is the status of those investigations? mark: there's talk about potentially bringing additional cases around something like local search and the way google uses its position in search to point users to things like mappingnts and software. i think the bigger concern for google will be how much of this regulatory pressure comes over here to the u.s. we've seen democrats and republicans scrutinizing google. there has been no clear case the is going to bring charges, but we have a public -- aunning for senator republican running for senator in missouri who has brought similar antitrust cases against google. : there has been talk about this for some time now. something seto about google more broadly last year. >> it has denied other companies the chance to compete on the to innovate, and, most importantly, it has denied european consumers the benefits and innovation. emily: google obviously has huge market share outside the united states. it is a virtual monop

google's annual develop. conference is wrapping up today and the tech giant has once again use the event to give the world a taste of things to come google wowed crowds with innovations to its new digital a system which it claims will soon be able to take care of menial tasks for users like placing phone calls completely independently checked this. google hopes its digital assistant for mobile devices will soon replace secretaries around the world at their annual developer conference c.e.o. sunday showed what he claimed was the next generation. the first voice you hear is google's revamped assistant a preservative for one of the better. they leave. it there for people for p.v. . when today. a cell phone making reservations for its users google's calling it project duplex and it's just one example of how they hope artificial intelligence and machine learning could improve user experience tech companies are taking advantage of powerful new processors self adapting algorithms plus new cellular networks and the r

google denies the claim.ing with google, still ahead, the company was hit hard on "60 minutes" last weekend. charges of google's illegal tactics getting the primetime tv treatment. how the u.s. government is not -- is responding to the so-called monopoly next. this is bloomberg. ♪ emily: a story we are watching, intel has disclosed it found another way to attack computers related to their chip security flaws announced earlier this year. the company said there is no evidence of it having been used to hack computers and a fix is already in place. google is getting a lot of heat after a "60 minutes" segment devoted to claims the search engine wheels a destructive a monopoly in online search and search advertising. the segment highlighted how critics and rivals like yelp have had enough of the company's dominance. here is part of the discussion with the yelp ceo. >> ultimately, that manifested itself in you expecting that top links, the things that it shows at the top, are the best around the web, the best the wo

is google a bigger offender? >> i think google has been an offender longer.to be careful of my comments on companies. i have spent a long time studying google, but i have not gotten those complaints yet about facebook. i want to be more circumspect. i don't think the right approach is to try to compare one to the other. rather, we evaluate each one against the legal standard. is a completee record in europe and a record developed by the ftc and the united states, with respect to google's antitrust behavior. that's the next thing that has to have. emily: that was antitrust lawyer gary. coming up, we head back to paris as french president macron posts dozens of tech leaders this week. we hear from the ceo of the european unicorn group. this is bloomberg. emily: ibm has announced it is hiring 1400 employees in france over the next two years. the new positions will focus on ai, blockchain, and cybersecurity. europe has become a draw for tech companies big and small. .eliver rue ? a great place to start a business. we are in 12 countries, western europe, southern

i think we had a satisfactory meeting with google today. i think that we're on a road to an agreement. i would like to hear from mr. blackwell. we have put a two week timeline to absolve the withstanding issues, but three parts, four effected, sensitive units will be relocated immediately. the residents will be proactive in that. they will start to look for other accommodations immediately for six months, and will move back into the homes once the google work is complete. the second part obviously is to put very specific monitors throughout the building to protect the rest of the tenants with an alarm trigger essentially where it can be monitored on a live dashboard. the third obviously is to mediate other claims. it looks like we're in court, so i'll pass it over to anyone else. >> thank you. we will now hear from mr. blackwell. or google. >> it will actually be ms. prosiam, but thank you. >> good evening, commissioners. i run local government community outreach for google's offices across the state. on behalf of google, i want to thank yo

you say google captured -- all things alphabet.hey captured 95%. >> this came from private firm that competes with google. i should specify this is programmatic advertising automation. we saw couple of things when gdpr went into effect. a lot of european marketers stop spending on automated advertising. they were a little nervous these new rules where every single company, dozens of company along this for supply thing, you digital ads online and require consent. a lot of them pulled back and said we know google is compliant and they have enough money and withrs, we will spend google because we are more comfortable. there are companies claiming they are going to shift more dollars in that direction. it demonstrates year the concerned that these companies have that google is very powerful in this market. emily: you said one of them that says anybody that says gdpr is a a monopoly or a liar. a lot of companies did not know what the future holds. emily: caroline, what are you seeing an your side. some u.s. publications are avoiding run

be cancelled and that google enforced a clear policy sitting that neither google nor is contractors every word fear technology google's not the only tech to get a pentagon paycheck i.b.m. and the computer graphics firm nvidia are just two which have worked on military projects still google balsa see nothing out of the ordinary with project maven. we have long worked with government agencies to provide technology solutions the specific project is a pilot with the department of defense the typology flags images for human review and is for non-offensive uses only google claims that. ai won't be used to kill but it doesn't workers who resigned over the contract aren't convinced the ethical question now is whether it's the weapon or the brains behind it which does the killing don't be evil i always thought that it really meant don't be evil yet because of course as google becomes a very powerful corporation one of the most artful in the world and plays are such an important role in the development of new technology inevitably they're going to be drawn into some very big and evil things like wa

against google. and regulators are saying we are not going to be too stringent in enforcing us at the beginning. >> it's fascinating. he's an austrian privacy advocate and he is saying you cannot have a catchall in terms of policy coming from google and facebook. he has not one but four lawsuits. google as well saying you can't have one box to tick and if you don't agree to the privacy, you can't have the offerings at all. there's an issue there and potentially rather strict legal vacations -- legal ramifications for the giant. there was a lot of fear going into the gdpr date that many would not be compliant. the regulators and the u.k. really have been trying to say don't worry, we are not after you. we will not ram finds down your throat. they think more businesses which do not make extensive use of data will not come under close scrutiny. they are aiming at the bigger companies, google, facebook, who have had the strength to put a lot of lawyers into this. they are with the fines are going to be i

cancelled and that google enforced a clear policy sitting that neither google nor is contractors every word fear technology google for not the only tech to get a pentagon paycheck i.b.m. and the computer graphics for nvidia are just too which have worked on military projects still google baso see nothing out of the ordinary with project maven. we have long worked with government agencies to provide technology solutions the specific project is a pilot with the department of defense the technology flags images for human review and it's for non-offensive uses only google claims it's. ai won't be used to kill but it doesn't workers who resigned over the contract aren't convinced the ethical question now is whether it's the weapon or the brains behind it which does the killing don't be evil i always thought that it really meant don't be evil yet because of course as google becomes a very powerful corporation one of the most artful in the world and plays a such an important role in the development of new technology inevitably they're going to be drawn into some very big and evil things like

you have to remember, amazon and google are fantastic at transactions it's not just that google is somehowe friendly to retailers. they have a nice two-sided market they can subsidize one to advantage the other. by the way, the advertising business is so funky it's sort of second priced auction. i've never seen business models where there's more demand, higher prices. i feel like any consumer should think about how that's going to work out in the long run long-run business model trust is going to be so important. >> back with us to react, roger mcnamee. satya nadella is empathetic but has a mean jab, too, when it comes to these cloud issues. what's your reaction to his take on the dynamics between microsoft, google and amazon and how trust is going to play with customers going forward? >> first of all, i really am impressed with what satya has done as ceo of microsoft you know, it was a really hard situation that microsoft was in. he has broken them out of that what's going on in cloud, in particular, is an example of that i think being number three in a highly sensualized market like clou

google, apple, facebook, amazon. i'm curious what each panelist thinks about sort of how you would rank in terms of antitrust exposure/need for enforcement from 1 to 4 google, apple, facebook, amazon. starting with the moderator, jack. [ laughing ] >> google, apple, facebook, amazon. 1 to 4. what's the scale? >> what is the highest -- if you had the highest exposure. >> first in line. >> highest exposure. i would say google. then i would say amazon. and then i'm not sure about apple and facebook how i would rank them. >> i don't think a different view. i might flip google and amazon. >> well, i'm not going to answer the question. instead i'm going to -- i'm going to -- because it's hard. it's a hard question. and i think it's hard to answer because each of those companies presents a unique set of issues. right? in terms of the types of strategic competitive strategies. they might have a history of using the field of rivals that they are potentially dealing with around them and entering into the markets. i would also

google has competition. google says there competition is just a click away.nce is we are all used to using google. most users say they love google and they do not like yahoo. >> right. you can't change the habits. can another company come along and free a product? we live in a society where you can create competition to create another company to compete with another company. >> when it comes to local results google does not do a good job at all. when i search for a local restaurant i rarely go to google. unless i am looking for a map. i used trip advisor or some other different search engine. i know google's algorithm is incomplete their database is incomplete. the most complete database in the world is yellow pages. not every local business has a digital presence. not every local business has a website or a facebook page. if they do not exist online google does not know they are there. if you go to the yellow pages everybody has a phone. they still need to take reservations. nobody uses the yellow pages anymore. simply because it's archaic. nobody wants to c

cancelled and that google enforced a clear policy sitting that neither google nor is contractors were fear technology google's not the only tech to get a pentagon paycheck i.b.m. and the computer graphics firm nvidia are just two which have worked on military projects still google balsa see nothing out of the ordinary with project maven. we have long worked with government agencies to provide technology solutions the specific project is a pilot with the department of defense the typology flags images for human review and is for non-offensive uses only google claims that. ai won't be used to kill but it doesn't workers who resigned over the contract aren't convinced the ethical question now is whether it's the weapon or the brains behind it which does the killing don't be evil i always thought that it really meant don't be evil yet because of course as google becomes a very powerful corporation on one of the most are form the world and plays are such an important role in the development of new technology inevitably they're going to be drawn into some very big and evil things like war l

so when larry and sergei at google, i took them to goalsetting system. like to say that sergei said yes, we will enthusiastically adopt this, but the truth is he said we don't have any better way to manage the company, so we will give this one a try. emily, every quarter since then, he has written is key results, graded them, and toss them aside, because they don't count for bonuses, they don't count for promotions, they serve a higher purpose, a kind of collective calling and commitment to getting people on aligned and tracking for the things that matter. >> you presented this to google, where you had just placed your biggest bet of all time in 1999. $11.8 million for 12%. larry page wrote the forward to your book and he calls it a gift. you'm curious, what would say for google today, grappling with artificial intelligence, self-driving car's, fake news? that's a lot of change. >> they have a very clear and crisp set of okrs and if i told you what they were i would be linking. and soonone has them, they will stand up in front of 70,000 employees on a we

cancelled and that google enforced a clear policy sitting that neither google nor is contractors will every build were feared technology google's not the only tech to get a pentagon paycheck i.b.m. and the computer graphics firm nvidia are just two which have worked on military projects still google balsa see nothing out of the ordinary with project maven. we have long worked with government agencies to provide technology solutions the specific project is a pilot with the department of defense the technology flags images for human review and is for non-offensive uses only google claims that. ai won't be used to kill but it doesn't workers who resigned over the contract aren't convinced the ethical question now is whether it's the weapon or the brains behind it which does the killing don't be evil i always thought that it really meant don't be evil yet because of course as google becomes a very powerful corporation one of the most artful in the world and plays such an important role in the development of new technology inevitably they're going to be drawn into some very big and evil th

google's assistant will now understand detailed follow—up questions, removing the need to say "hey, googleyou have a command.

hoy se organiza la conferencia de desarrolladores google io 2018.es. jaime: unas 7000 personas de diferentes partes del mundo se registraron para asistir a esta conferencia de desarrolladores de google 2018. en -- el presidente de google resaltÓ el uso del asistente en 30 idiomas y 80 paÍses. el oftalmÓlogo jorge cuadros utiliza la plataforma de inteligencia artificial de google para, a travÉs de imÁgenes del ojo, crear una ventana al sistema vascular y neurolÓgico del paciente con inigualable precisiÓn. >> la computadora puede analizar millones de factores. un humano no puede analizar tanto. por ejemplo, riesgos de ataque al corazÓn, tal vez problemas neurolÓgicos. jaime: tambiÉn se destacÓ cómo un estudiante de ingenierÍa daniel de leÓn utilizó el aprendizaje automÁtico de google para rastrear sonidos y patrones de vibraciÓn de ballenas azules en el pacÍfico. >> es muy difÍcil ver abajo del mar. no hay mucha luz entrando y es muy difÍcil encontrarlos. para escuchar es mucho mejor sonido puede ir a mÁs distancia. jaime: google tambiÉn mostrÓ cÓmo l

cancelled and that google enforced a clear policy sitting that neither google nor is contractors will every build were feared technology google's not the only tech to get a pentagon paycheck i.b.m. and the computer graphics for nvidia are just too which have worked on military projects still google balsa see nothing out of the ordinary with project maven. we have long worked with government agencies to provide technology solutions the specific project is a pilot with the department of defense the technology flags images for human review and is for non-offensive uses only google claim. it's a i won't be used to kill but it doesn't workers who resigned over the contract aren't convinced the ethical question now is whether it's the weapon or the brains behind it which does the killing don't be evil i always thought that it really meant don't be evil yet because of course as google becomes a very powerful corporation on one of the most parcel in the world and plays a such an important role in the development of new technology inevitably they're going to be drawn into some very big and evi

in terms of the share price and the regulator view of google.rogramme at the weekend all about google and whether or not you need to rewrite the rules of anti—trust away from consumer harm and to content with the fact that it is effectively a natural monopoly in search and other areas of the internet and the narrative google wa nt to internet and the narrative google want to put out is they are in a very competitive market, their margins are under pressure, and by investing in a service like youtube music which is almost certainly going to lose money in the first few yea rs going to lose money in the first few years because they have to pay upfront for the music before they get the volume of subscribers, this will put pressure on their margins and prove what a competitive market they are in. the narrative google might want to give to the markets is that, our margins are under pressure so we that, our margins are under pressure so we should not be regulated, look at all the competition we have. amazon and advertising on facebook, apple and spotif

- google/house the -- google/alphabet. we were really concerned that what we were really concerned about was somehow the notion that consumers were not injured to what some my considered that some might consider it biased ranking in search us -- some might consider a biased ranking in searches. up, and i was happy to partner with sean reyes, and urged the ftc to take another look in light of the study. >> i suspect everybody in this room knows what you are talking about. not everybody around the country who may be watching necessarily would. when the ftc closed down their investigation of google's dominant market position and did so with no action and no involvement with the states, i was attorney general when that happened. there has been a great deal of concern since then that without having that federal partner, getting the ag's to engage together was not as easy as it might have seen. your leadership and your republican counterpart colleague and certainly our friend, sean rea's of utah, i think that was a big moment, b

where it gets more serious is google maps and self driving cars, google maps is at some level a way of understanding and perceiving the world, they can train themselves and look for patterns. jason: and so you essentially applied machine learning to your life? tell us about this mini hack you did. >> i was on a tight deadline and people said we need a machine learning in the issue, and i said great. i have wanted to do this for a while. i'm going to give it all the on the i've done paragraphs of my sentences. i'm getting paid by the word, so i thought this would be amazing. it turns out that that is nights and nights and nights of computers running. it was clear that it would be 3-4 days, and again i'm on deadline. before i could get any results at all. so instead, i just sat at my google calendar and try to see if it could generate meetings for me. carol: did it work? >> kind of. you got there a little bit. the first few passes, it was nonsense, but by the end, it was like drinks with gina, and i said, sounds about right. it's more about my life being a little boring, and less about t

was a point when google was pushing into the social media business with google plus and so facebooksearch business and then within six months they said never mind >> hold on one second. who is harmed? that is what ultimately the regulation comes down to who is losing out here >> who is harmed is producers. in other words, everybody who is a musician, music revenues have fallen by 78%. revenues for newspapers have fallen by 82%. book revenues have fallen by 60%. anybody who is an intermediary who is trying to produce stuff -- >> but that is the sfwherinterno google >> which is why a lot of activists like jonathan are trying to create novel theories of harm. it's the producers, no, bad for democracy, no, wait a second, they are creating inequality no, it is -- the measure of harm isn't there which is why the companies have been winning the ftc cases and they will continue to win because consumers are getting massive consumer surplus from these services. >> so as you saw last night on "60 minutes"," google was fine 2 pp $2.7 billion ftc had the exact same information -- >> why do you w

over to google.step isous google trying to move more closely with its digital map. how is it going when it comes to that aim? >> we are expecting to see a lot of emphasis on augmented reality. technology where they can enter swipe digital images over the real world. that market has not really up.all the big tech companies are expecting augmented reality to be much bigger. google has mapping technology, so they can give a more granular and detailed vision of the real world. something developers have been clamoring for. we will see emphasis on maps, tools for developers, and the possibilities of ar. vonnie: we will wait and see if there will be a big reveal. i guess that is not google's thing so much. ahead, a blast from the past. approach 3% as jamie dimon warns growth and inflation may push yields back to 4%. i will bring you that exclusive interview with the jpmorgan chief executive. this is bloomberg. ♪ retail. under pressure like never before. and it's connected technology that's moving companies

gool google recognizes it in one top and. >> good morning, earn. >> i'm your google assist. >> including some famous ones. >> john legend he will be the best assist you ever have. >> google had the assist make a phone call to schedule a haircut. >> i'm looking for something may 3rd. >> um-hum. >> cnet scott stein had thoughts. i thought it was creepy. the first question you have is why are you placing robo calls to other people who aren't in on it. >> the other place artificial intelligence could have a big impact is on the road. google's self-drive war now waymo made a surprise appearance to talk about it. >> we're not just building a better car. we're building a better driver. >> we last saw waymo ceo in a court battle with uber after uber's fatal crash waymo says won't hit pedestrians. >> we have pedestrians about the inflatable dinosaur outfits. >> a few former san francisco giants came out of retirement to play traders for charity. >> oh, i'm fine. >> former giants pitchers dave dravecky and jeremiah afelled and formerly san diego paerts player and tim flanliry picked up the phone a

that is what google wants to do. google's annual developers conference is wrapping up tonight. the tech giant has once again used the event to give the world a taste of things to come. google wowed the plan r- crowd with a planned update to its digital assistant which will soon be able to take care of appointments by booking its own phone calls. >> google homes its assistant will soon replace sexting around the world. as their annual conference, the c.e.o. showed what he claimed was the next generation. the first voice you here is google's assistant. >> high, i would like a table for seven. >> for seven team? >> it is for four people. >> four people? when? today, tonight? >> wednesday at 6:00 p.m. >> a cell phone making reservations for its users? google is calling it project duplex and is one example of how they could improve user experience. they are taking advantage of powerful new processers, adapting algorithms and cellular . >> they will sound more realistic and carry out more actions for users. meaning using a cell phone could use like this. >> hey, google, book a table

no one talks about google guess what you're being tracked on google everywhere you go. it's most people know when you sign up for these social media platforms is that you're going to be tracked because they make their money through advertising yet the former regulator you know i've often said that it's time for people to go back and look at these disclosures because like a mortgage for example you get thirteen pages of disclosures and i'm not sure anybody really reads all right fine print so they should probably get rid of a lot of that stuff and. the bottom line is if you are going to use facebook or some of these other services you're going to have to agree so it's not like you're going to say could you amend your disclosure statement and change this and not track me not going to happen by and large let me take a half a step back michel and go back to the looking at the advertising dollars of digital versus the advertising dollars spent on a t.v. and radio etc we all know that digital is taking up this a big share of this going forward but is t.v. really losing a lot

where it gets more serious is google maps and self driving cars, google maps is at some level a way ofeeing the world, they can train themselves. jason: and so you essentially applied machine learning to your life? tell us about this mini hack you did. >> i was on a tight deadline and people said we need a machine learning in the issue, and i said great. on going to train a computer the paragraphs of my sentences. i'm getting paid by the word, so i thought this was great. that that is nice and nights and nights of computers running. it was clear that it would be 3-4 days, and again i'm on deadline. instead, i just sat at my google calendar and try to see if it could generate meetings for me. carol: did it work? >> kind of. by the end, it was like drinks with gina, and i said, sounds about right. beingore about my life boring, and less about the amazing programming. carol: so what changed about machine learning? i knew it was a big deal and clearly it is guiding the strategies of the big whatever's. , microsoft, and google, but also like over -- uber. and land o'lakes. jason: like the b

google may get flak from many quarters but if there's one thing about the company the people admired it was the corporate motto don't be evil but that slogan has now been largely removed from its code of conduct with the internet behemoths new dealings appearing to have rendered that particular principle obsolete. don't be evil the folks at google certainly thought so for the first eighteen years until that is they quietly removed probably the most famous phrase in their corporate philosophy and now it's a bit more vague striving for the highest standards of ethical business conduct and we all know how ethical business can be here's one example of google's interpretation it signed a pentagon contract in march to help the department of defense create artificial intelligence tools for drones to attack and identify ground targets all without human operators being involved me project maven technology is helping human