connected society with all of these devices and every home and office how can companies like amazon and google put these devices out that are susceptible to these types of attacks. so i think that it's a really really hard problem because if you think about it there's almost infinite ways to attack and test these devices and it's really hard for someone like oh google or amazon to to speed every single one of these i mean human creativity is kind of infinite so pointing laser pointers at it or flashing numbers at it i mean these are just part of the development of technology i think for us to expect that these things will go out perfect is not realistic that said when we see these starts of vulnerabilities pop up we should expect to see them fixed fairly quickly now there's a whole other line along that too which is that behind these things are invariably artificial intelligence and artificial intelligence is still quite brittle so still fairly easy to fool in a lot of ways but on that point that you just made there i mean artificial intelligence is all new obviously we can't like you said exp

way this includes google home amazon's alexa or apple's siri devices all by simply shining laser pointers and even flashlights at the devices microphones the researchers even opened a garage door by shining a laser beam at a voice assistant that was connected to it a recent report shows at least 26.6 percent of u.s. households own at least one smart speaker and there's a lot to go over here so we've actually enjoyed invited author and tech executive alex to answer some of our questions welcome alex. hi thanks for having me on 1st off what's happening here with the vulnerabilities in these vices voice assistance . so it's actually part of a long running pattern of people testing out things that are popular you can go way back to the day when you had people using captain crunch whistles to essentially tweak a call phone booths to get free long distance calls now it's a little more industrialized where's the research teams are checking to see ok does this new device work does it not how can i crack it because all of these pieces are actually really critical to our overall security as a socie

you have facebook, google, amazon. you talk about app stores, google and apple having these really dominant app stores. it is tough to say who is being harmed in what way but those are the ultimate questions we are looking at. taylor: i was looking at another story about google and facebook donating to privacy groups and think tanks, and this kind of extends their reach beyond just traditional lobbyists. lobbying, we understand, sort of a normal course of business. how much does it concern you now that you see big donations from facebook, google, and the like, to these privacy advocacy groups, think tanks, that in some ways appeared to be neutral? ben: i think that is exactly the point. this is nontraditional lobbying. this is about shaping the narrative, shaping the conversation as it goes to the public, but also as it sort of appears to the washington class among supporters, staff, lawmakers. it is always the concern, going talk about, a balanced is this, who is presenting, do we know their biases? it is always a par

it's over overhaul of the telecom sector will be paid for by raising taxes on tech firms like google amazon and facebook and using its mean transformation from. iceland's biggest fishing company sam perry is accused of bribing the namibian government for the permission to exploit its waters as a consequence to namibian ministers have already has resigned but now the scandal has also reached iceland iceland fishing industry is in choppy waters the country's biggest fishing firm some harry is accused of bribing the namibian government for the permission to troll its will shares. post middlemen know it reminded me in a uncomfortable way of the old fashioned colonizers who exploit the weaknesses of a country's government the allegations were made by former employee turned whistleblower johana stefan son who leaks thousands of corporate documents to a team of investigative reporters iceland's minister of fishery says the blame likely needs to be shared. there's never only one person who's responsible in this kind of situation. authorities in iceland say they'll work together with their namibian

recovered labor says its telecom sector overhaul will be paid for by raising taxes on tech firms like google amazon and facebook and using its green transformation fund. the european investment bank will stop funding fossil fuel so by the end of 2021 like to help fight climate change that includes a natural gas projects many european countries still rely heavily on gas to power electricity grids the bank says policy changes need to strike the right balance between protecting the environment and keeping the lights on across the continent. and amazon wants to challenge the pentagon's decision to give microsoft a $10000000000.00 cloud computing contract the online retailer said. is politics in the way of a fair process u.s. president donald trump has repeatedly taken swipes at amazon and its founder jeff bezos also owns the washington post. everyone who's traveled from europe to australia knows the ordeal changing planes halfway and spending a full day in the air while australian airline quantas is looking into ways to change the so-called karan grewal route modern aircraft now allows ultra long haul

you've amazing companies issues names change, at&t, ge, i'm today is google, amazon and apple. look in compared to innovation in compared to what they're doing. and it seems to have more on the economy than today. and it's slightly overrated. on the other hand it is clear they do have positions in key markets and they create issues. >> what needs to be done, breakup companies, should they break up companies with mergers and disaggregate the market? >> they need due to something going forward and undoing a merger is like on scribbling eggs. unfortunately that will take a lot of time. >> you pointed out in the book that's what they did with at&t and that led to a portion of competition so breaking up companies is tough, possibly but tough. >> it's usual even if you don't succeed. you don't want to be too tough, it's a very bad system if the regulator will only prosecute but there sure to win. how they will fail and it's okay. and you think that this will get and you should try. at the end of the day it might not be enough but you should try. >> what else can be done to use more c

google and amazon did not deny the flaw. they say they're reviewing the research. one expert recommends making sure your device is not near a window, and they say check the settings to limit what your device can do. >>> an urgent manhunt is under way for two murder suspects who escaped from a jail in monterey, california. authorities say the men got away by climbing through a 22-inch hole in the ceiling of a bathroom. then they snuck through the inner walls using an 11-inch crawl space. police say the men should be considered dangerous. >>> a man who saved a stranger from an oncoming subway train says he only did what everyone should do. bay area transit worker john o'connor is being called a humble hero. he jumped into action sunday when a man fell onto the tracks after an oakland raiders football game. o'connor lifted the man to safety just in time. but he says he's no hero. >> police, fire, military, you got heroes on a daily basis. it really feels awkward to be called a hero because that's what we're supposed to do. and life is precious so thank god he gets to

whether i'll be able to download it from amazon. >> we have deals with amazon, apple, microsoft, lg, google amazoneing the latest one. >> let's broaden the conversation looking at the earnings of disney, that income has fallen to $1.1 billion from $2.3 billion that is said to be because of all that they are vesting. >> this is arguably the biggest moment for disney as a corporation in the 21st century. it is really a case of the medium companying becoming a tech company this is a direct reversal of netflix's decision to vest in original content >> so media trying to take on tech, what is the advantage they have you would think it is content. disney already has hours and hours of content is that their edge here? >> undoubtedly the robust library is a big factor. they are going to market with thousands of hours of proven market i reference netflix because they are the leaders. the challenge which netflix have to aspire to and what disney have already achieved is disney is now in a position to weaponize that fan relation. we do a lot of thinking around fandom in an on demand digital environment, unle

whether it's google, amazon, facebook, their entire infrastructure runs on open-source and this has beenlipped on its head monitor people, so it's the underside of the story. taylor: was it freezing? ashlee: it was incredibly cold. taylor: bloomberg's ashlee vance, thank you so much for joining us. coming up, we discussed the state of enterprise software networking and security with the ceo of juniper networks. and bloomberg technology -- "bloomberg technology" is livestreaming on twitter. this is bloomberg. ♪ taylor: earlier this year, juniper networks bought mist systems. this was done with the goal of bringing ai into the internet of things space. the company is wrapping up its fifth annual summit in las vegas, which is where ceo rami rahim joins us from. congratulations on the summit. i want to talk about some of the announcements you are making, particularly within security intel. what are you hoping to achieve with that? absolutely topis of mind for pretty much all of cio's,tomers, ceo's, boards of directors. it's all about leveraging the obtaink infrastructure to data and informat

as humans now doesn't the advent of ai just strengthen the position of these tech giants like google amazon apple and even facebook. well it does to a degree but i mean there's a really a myriad of european union regulations including for example the g.d.p. are which places extraordinarily rich high restrictions on a and so what she's saying is which is extraordinarily interesting is that she's not opposed to ai itself but she is opposed to anything that would. impinge upon privacy or security and she really wants to go out and regulate data and the use of data much more now she's also under sort of a regulatory mandate from the e.u. to impose ethical guidelines on social media platforms. based basically within a 100 days and so she wants to keep. she wants to keep the social media platforms running but she also has to find a reasonable regulatory framework in which this can all operate effectively well i just feel again i feel like miles on the ai point that you know when we talk about this as a merging technology what we're looking at here though is that this is learning and it's grabbing

apple, facebook, google, amazon.one of those companies touched my personal life, mostly everybody out there. these are the companies you have to stick with and like you said, if you are a fitbit, a pinned, one of those people without an ecosystem, you won't be able to survive alone. if you aren't investing directly in one of these companies and are trying to play it on the outside, you are playing it the wrong way. even though they aren't doing well, you need to stick with these big names. charles: it is tough, though, because you hear millenials, they want the alternative meat. my 7-year-old granddaughter told me she wanted to go to burger king and try the plant-based meat. she must have heard about it in school. they automatically say these have to be great investments because this is where the world is going. >> yeah, you have to be careful of that, though, because you look at an old company like kellogg, we just reported earnings, and a lot of people actually think it's a better alternative. there are companies a

labour says it would nationalise part of bt, and introduce a tax on technology giants like google, amazonebook to pay for the plan. borisjohnson has dismissed the idea as "crackpot" and a crazed "communist" scheme. here's our technology correspondent rory cellan—jones. it's a mammoth task bringing ultrafast fibre broadband to every home in the country, and most of the work is being done by bt‘s 0penreach division. now labour wants to take it into public ownership, rename it british broadband and give everyone full fibre for free. british broadband will be our treasured public institution for the 21st—century. delivering a fast and free broadband to every single home. only the government has the planning ability, economies of scale and ambition to take this on. labour's plan would see state—owned british broadband spent £20 billion to give everyone an ultrafast service for free by 2030. and running this government owned network would cost £230 million per year, a cost labour says will be met by new taxes on internet giants like apple and google. at the moment, as well as bt, you've got a c

not only do i want the guy with a laser laser pointer giving it but do i want google amazon and apple without talking to her. that scares me because she's angry at you jackie. >> my dogs name is dexter so you can imagine alexa the device occasionally answers like i don't understand what you mean, treat and these sorts of things happen. a lot of times we hear this stuff and it's very alarming. what is great about us sitting here talking about this and these people carrying out these experiments is now that information goes back to apple and google and amazon and they can say all right hold on a second. that's creepy. we have to figure a way to make sure that doesn't happen again. a lot of times the hackers are a step ahead of us but they are also making sure this doesn't become problematic. there will always be ne'er-do-wells trying to do something. >> i'm an economist so i am pro laser pointer. >> they love to use those pointers and spreadsheets. david: is there some attempt to find a way of changing? usada life imitates sound. are they going to fundamentally try to change that formul

mark: facebook, microsoft, google, amazon, apple. facebook is certainly in the crosshairs.on't think they have done anything that cuts across antitrust lines but they have had issues with data privacy, user data protection. we are focused on that, concerned about that. that said, i think that is more than priced in. fundamentals are the strongest with the free cash flow generation. taylor: another big theme of the year, the streaming war. disney plus. where do all of the streaming wars fit into your thesis? clearly is a major inflection point here. netflix went out on a limb and said, we think there could be a market for screen -- for streaming. it seems everyone agrees. look at netflix's stock. when it finally started trading up was the first day disney was out because that risk is in the stock. right now, this is a scale business. canver has the most subs afford to spend on content. netflix has the most global subs today and in four years, my bet is they still will. taylor: we only have about a second. you look at a chart. what you think is the biggest play on streaming i

the market is enormous tech giants like google and amazon get big slices of. but sold to less known kompany these are the data brokers. trading data is a lucrative market so-called data brokers gather personal data and enrich it with further information before trading huge databases he did he cut horner works for privacy international which is trying to make the data broker network more transparent. the reason most of us don't know data brokers is because we're not their customers with their product. data brokers gather data from numerous sources from public records at registration offices or sweepstakes or customer loyalty cards add to that the data on web surfing behavior provided by trackers or online profiles this tells them a user's name their address their chops but it also reveals what they like for instance what kind of music a person enjoys which series they watch and who they're friends with. axiom is one of the largest data brokers it compiles up to $10000.00 characteristics and attributes for a single profile. these individualized profiles can help

you've amazing companies issues names change, at&t, ge, i'm today is google, amazon and apple. can look in compared to innovation in compared to what they're doing. and it seems to have more on the economy than today. and it's slightly overrated. on the other hand it is clear they do have positions in key markets and they create issues. >> what needs to be done, breakup companies, should they break up companies with mergers and disaggregate the market? >> they need due to something going forward and undoing a merger is like on scribbling eggs. unfortunately that will take a lot of time. >> you pointed out in the book that's what they did with at&t and that led to a portion of competition so breaking up companies is tough, possibly but tough. >> it's usual even if you don't succeed. you don't want to be too tough, it's a very bad system if the regulator will only prosecute but there sure to win. how they will fail and it's okay. and you think that this will get and you should try. at the end of the day it might not be enough but you should try. >> what else can be done to use mo

today, you were talking about the big four, facebook, amazon, apple, google, pushing back. what did we learn about what those tech companies are saying? ben: one of the most fascinating things that i saw in these documents is amazon basically conceding that it does demote third-party merchants if they are offering lower prices on other retail e-commerce portals like walmart, ebay, etsy. that is something, when i talked to antitrust experts, that they say the ftc will want to dig into that and see if amazon is using pricing power. somewhat of an important admission. i think it is important that they say, the reason we do that is that we offer our customers the lowest prices, and there is no competition or antitrust concern. they are offering a robust defense, but i think it was an interesting concession from the company. taylor: thank you for joining us. coming up, a lump of coal for investor stockings. the retailer gets a bad forecast despite the partnership with amazon. if you like bloomberg news, check us out on the radio, the bloomberg app, bloomberg.com, and in the u.s.,

mark: you are right -- facebook, microsoft, google, amazon, apple.ook is certainly in the crosshairs. i'm not sure they have done anything that cuts across antitrust lines but they have had issues with data privacy, user data protection. we are focused on that, concerned about that. that said, i think that is more than priced in. you can buy the stock at a discount to the growth rate. i think the fundamentals are the strongest in the large-cap internet space in terms of free cash flow generation. taylor: another big theme of the year, the streaming war. disney+. where do all of the streaming wars fit into your thesis? mark: there clearly is a major inflection point here. netflix went out on a limb and said we think there could be a market for streaming. i guess everybody has finally agreed. everybody will step in. but the biggest competition for netflix has launched, that is disney. look at netflix's stock. when it finally started trading up was the first day disney was out because that risk is in the stock. it is safer to get in the water. right now

but big tech companies, like apple, google and amazon, are also trying to make their technology better me. most of the time i use my smartphone and apple watch. it's great that it can connect to my apple tv and you can get it to play your favourite moments. lots of smart speakers now have audio books services. one new and particularly unusual audiobook is called unseen, it's the first ever audio comic book. when you hear this sound... that is so cool. the word "unseen" in bold letters. oh, amazing. no—one ever does that, the typeface... describing the pictures and each panel, which is the big part of comic books. i can't wait for unseen‘s creator, chad allen, to release the next segment. i do not know who the hell you are... i do not know who the hell you are! i was also excited to try a new device from bristol braille technology. this device i have in front of me is called the canute and this is the very first ever ever several line braille display. it sounds like a typewriter. using buttons at the base of the device you can upload books, pdfs and documents. the multi line layout is g

they talked about competing with american technology giant but we are talking about, facebook, google and amazonective, even though their combined market value of $13 billion, it is still nothing compared to amazon, which is worth nearly $900 million, sharanjit. thanks for the update from america. before we go, let's take a look at the markets and how they are trading at the moment. we know they are fairly flat. a lot of causes traders out there, the nikkei is down 0.5% due to jaded sentiment regarding those us trade talks. that's it. thank you for watching. let's bring you up—to—date with our top stories this hour: prominent figures in the hong kong government have entered the blockaded campus of a major university to persuade protesters to leave. the trump administration has reversed decades of us foreign policy by announcing that washington no longer considers israeli settlements in the occupied west bank illegal. it's a deadly fungal tree disease called ash dieback that's swept across europe and could wipe out most of the ash trees in britain. well, now scientists say there's new hope after

we have deals with apple, samsung, mike microsoft, lg, google amazon being the latest one. >> it's not just about disney plus that's a bundle along with hulu and espn plus. new fx original will be coming to hulu. also said espn plus added a million subscribers in the quarter and planned to expand. whether all of these new streaming investments could disney's court tv business, they are creating path forward should the tv business be so damatically disrupted that they would be forced to ship to more of a direct to consumer model. for now he's not concerned back over to you >>> thank you very much. coming up, silicon valley has tried to position itself a paradigm of virtue >>> a billionaire has become a dirty word in politics but it might not stop michael bloomberg htori truceutnto the ra b ise o cho n. through the at&t network, edge-to-edge intelligence gives you the power to see every corner of your growing business. from finding out what's selling best... to managing your fleet... to collaborating remotely with your teams. giving you a nice big edge over your competition. that's the p