google will have more control over the design and production of the pixel as well as other devices. n me to discuss, senkut, one of google's earliest employees. also with me from new york, bloomberg's mark bergen, who covers all things google. explain how this deal is going to work. mark: it is sort of third time is the charm. google has done hardware before. they bought motorola. big purchase for nest. this one is a little smaller, a little like a talent acquisition. they have 2000 engineers who were working on the google pixel device from htc, who will now be working primarily on google hardware, not just the pixel device, but their speakers, their vr devices, whatever is in the portfolio they are planning to put out. emily: some people are worried that this is dÉjÀ vu. google spent $12.5 billion on motorola mobility, then sold it to lenovo. what's your take? aydin: i think it's a big competitive battle right now around consumer devices, especially phones. experience engineers is not going to be that easy for them to get. i think it's a great move. i think it's interesting that it

coming up, google is making a big push to beef up their pixel line of phones and products. w is it doing? htc talent. this is bloomberg. ♪ emily: google is making a push to get more control of phone hardware and software by agreeing to buy a piece of htc's engineering and design teams. -- deal billion means means google will have more control over the design and production of the pixel as well as other devices. joining me to discuss, aydin senkut, one of google's earliest employees. and a product manager. also with me from new york, bloomberg's mark bergen, who covers all things google. explain how this deal is going to work. mark: it is sort of third time is the charm. google has done hardware before. they bought motorola. they made a big purchase for nest. this one is a little smaller, a little like a talent acquisition. they have 2000 engineers who were working on the google pixel device from htc, who will now be working primarily on google hardware, not just the pixel device, but their speakers, their vr devices, whatever is in the portfolio they are planning to put out.

the technology will first be available on the samsung galaxy s8 and google pixel phone. to show off some of the new apps soon to be available thanks to its new ar kit — from ikea's app that lets you place furniture virtually in your home, all the way to one very hungry caterpillar. we've now seen robots doing many things, but the idea of them keeping us company is, for many, still quite hard to comprehend, but that's something a few companies are hoping to overcome. meet miro. whilst the hardware is finished, the software is still being worked on, but the aim is to create a cute companion for the elderly which will also be able to provide some practicalfunctions. now, they're all made possible by a host of sensors which are built in here. we've got two directional microphones, so we can tell where the sounds coming from, two cameras here in the eyes that are going to be tracking emotions, a sonar sensor here in the nose, which should stop the creature from bumping into anything. there are also cliff sensors here, so it shouldn't fall off the edge of anything. and light s

last year google's pixel looked like an iphone. >> it's not good for the industry, it not good for consumers materials meant to last. >> i think titanium will be exciting for most manufacturing companies in 2020, but we're doing it in 2017. >> reporter: but the new features has to do with these two little dots on the back and what you can affix to them. put it on the back, the light goes on. >> reporter: the accessory is this camera, a camera that captures everything. >> we've got you, we've got me, we've got the camera set up. >> reporter: and streams live. >> imagine what that does for the future of news, the future of sporting events. >> reporter: things snapping together is a good bet. nano demonstrated these tablets. they make games more realistic. >> this one appears as a shotgun. >> there's lion universe with a phone that shows 3-d movies. >> you don't need any glass to see it. >> founded by a man called the father of android did backed by big investors. >> what i'm most proud of is we're spoken of already by consumers as one of the three choices that fall that really matters. >> repo

importantly, though, it makes devices for google, like the pixel smartphone. al could help google ramp up its hardware production to compete better with apple. let's talk to our north america technology correspondent, dave lee. he's in san francisco this was on the deal we were expecting when trading was suspended yesterday. we thought they would be a buyout of at least a part of htc. instead, google has entered a deal where they will use employees and expertise for a htc to continue working on google products. that is important. unlike apple, they create hardware and software, google does not have that ability to create software, like android. and that is spread out across many manufacturers and phones. to compete, google needs to marry those two sides of smartphones to put the best features out. that is what it is trying to do with htc. htc entered the deal, quite frankly, because they really need the money. it is struggling. there was talk of making many layoffs in the near future. there was talk of making many layoffs in the nearfuture. this $1.1 million me

importantly though it makes devices for google — like the pixel smartphone. up its hardware production to compete better with apple. that's the theory anyway. but what about the practice? joining us is matti littunen — a senior research analyst at enders analysis. nice to see you. what do you make of this deal? i think for one it proves that hardware is back with a vengeance that hardware is back with a vengeance in smartphone manufacturing. if the latest iphone was any guide, advances in technology, cameras, machine learning hardware are at the heart of the emerging future smartphone experience. it makes sense for google to boost its pixel business. what is funny about all of this is we are constantly told it's about software, how these firms come up with that, but what we are finding now is it's absolutely about hardware. yes, we have been shocked by that as well, a perfect storm of different technologies suddenly emerging at the forefront has meant expensive investment and expensive talent is now required to stay ahead of the game. talk to us about the deal

seems the taiwanese smartphone maker that built google's own pixel phone. according to analysts google beefing up its hardware capabilities will make it less reliant on samsung. smartphone maker that's become the dominant. writer is chief executive has apologized to shareholders and customers after first. that's right let's. michael o'leary said he took a personal responsibility for the staffing issues and the way it was handled. some three hundred fifteen thousand passengers will be affected. facetious could continue until october. he also warned pilots were threatening to take who are threatening to strike that they could lose bonus payments. many seen their own holidays cancels in order to keep as many flights. civil. many comprehensive economic and trade agreement between the european union and canada has provisionally come into effect this thursday. seater eliminates most trade tariffs between the two sides. advocates argue the deal will create jobs and boost growth. opponents however say it does little to curb the power of multinational. theresa may is

they demonstrate there's a market for a high end product here and i think it also boxes out zbo google pixelabout to get launched here, so this is apple, i think, asserting their dominance on the air game, not just the ground war. >> gene, i saw a headline that suggested you said 20% of consumers would opt for the x over some of the other models. >> yeah, 20%, and we think that the 8 is going to account for about 25%. i think that that is initially what we came out with at the response was we're too aggressive i think what we're seeing today with the lead times, that's the right number i want to hit one important topic, which is will consumers pay for this, and look back to 2014 when the iphone 6 came out. asps jumped 15% during that period we're going for asps to jump 9%, so there have been times when apple owners have stepped up, and i know the $1,000 price point is a magical barrier to get over, but i think that people are going to be surprised, investors are going to be rewarded for higher asps in this next cycle >> all right, last story we want to hit with you guys, there's a lot of goo

importantly, though, it makes devices for google, like the pixel smartphone. its hardware production to compete better with apple. google's been here before, though. it bought motorola's mobile phone business in 2012 for $12.5 billion, but less than three years later it sold it off at a massive loss for under $3 billion. lots more on that in 20 minutes' time. we will talk to dave, you know him well, our reporter in silicon valley. let's turn to canada now, because prime ministerjustin trudeau is celebrating a massive free trade deal with the european union, which finally comes into force today after eight years of talks. it's called the comprehensive economic and trade agreement, or ceta. here's an idea of the scale of it. trade in goods between the two sides was worth around $77 billion last year. the eu is canada's second biggest trading partner after the us, buying almost 10% of its exports. and that is set to grow, as the deal will eliminate the vast majority of tariffs, or customs charges, on goods and flowing between the two sides. it poses a bit of chal

here's what's making headlines google is betting big on smartphones. the company is buying htc's pixelion in an effort to boost its own hardware business. that division manufacturers google's line of smartphones already. google will gain 2,000 htc employees, the company will acquire a non-exclusive license for htc's intellectual property. and albertsons will buy plated plated launched in 2012. it's one of the top five food prep services behind blue apron. apron up 2.5% on the news, they were up even more, maybe this halo effect of big grocery chain looking at them. we'll see what investors make of that >>> senate republicans announce plans to vote on their latest bid to scrap obamacare they have been working to secure enough votes to pass it. trump says they have the support of 47 or 48 out of the 50 senators necessary. >> a couple of serious stories out side of the world of business hurricane maria regaining strength after pounding puerto rico the entire u.s. territory currently is without power and puerto rico's governor says it could remain that way for months tammy leitner is in sa

that's right, google is betting on talent to make that hardware push google picked up htc's pixel division half of its 4,000 person team in a deal worth $1.1 billion. this also comes with a nonexclusive licensing agreement for htc intellectual property. "it's still early days for google's hardware business we're focused on building our core capabilities and we're investing for the long run." this comes just days ahead of their october 4th launch of second generation products its current suite of gadgets includes the pixel smartphones, google home, daydream view and others google's record in hardware has been disappointing who could forget the purchase of motorola back in 2012, which was then a leading smartphone manufacturer less than two years later google sold it off for less than $3 billion, with a nest, as well, google has yet to prove it can be successful at selling consumer devices, but some say this time could be different the deal is smaller, google isn't picking up manufacturing facilities, and htc already makes the pixel. perhaps most importantly, though, with this deal google ga

just looks good for google's brand and if for android as a brand to have a top end device that people generally really like. i think in the last 12 months they didn't sell a ton of pixelst for google as a brand. >> all right we'll see if they can further crack the hardware part of this market which has been tougher. guys, thank you both android martin and max wolf looking at what their strategy might be jamie diamond naming new payment systems as the disrupter he's most worried about he made those remarks. paypal's chief operating officer weighs in on diamond's concerns and talks about the latest advances in the payment space right after this throughout my career, i've been fortunate enough to travel to many interesting places. i've always wanted to create those experiences for others. with my advisor's help along the way, it's finally my turn to be the host. when you have the right financial advisor, life can be brilliant. ameriprise >>> peer to peer payment systems are gaining traction among consumers. some wonder what it could mean for the future of banks. jamie diamond, listen. >> the place that i worry the most about disruption, not worried, but we should always d

the deal gives google access to the hardware. the htc team built the pixel smartphone. google also wants to build more internet connected devices like voice controlled speaker that rivals the amazon echo. >>> happening today some a's fans have the opportunity to take batting practice at the oakland coliseum. 100 fans will get one swing each. if they hit a home run, which is pretty hard to do, they will win season tickets for the next year. participating fans wereseho cn facebook and twitter accounts. i guess none of us were chosen rfo>> well, that's good because let's face it, zero chance of us winning. mike be a little better. >> that's true. >> if it was a golf ball, i'd nail it. absolutely would just crush it. m fieitldig rightht but i would still crush it over the wall. good morning, everybody. baseball probably not. here's a look at what's going on from mt. tamm where the winds are gusting up around 35 miles an hour. you can see it bouncing there. once the sun comes up not much cloud cover to stop it from warming the ground. that will whe r.ar t warm air rises and g

licensing for intellectual property, the deal signaling, google's push to expand made by google products, include the pixel smartphone and google home may be significant. >>> toys "r" us plotting its return after filing bankruptcy earlier this year. the chief executive said it will trim down the stores. it will revamping online and in-store experiences. workers may see wage increases too. that is good news. >>> amazon, everyone, is launching a nationwide search to build a new location to build a separate corporate headquarters. cities and states across america are racing to win over the retail giant and potentially bring thousands of jobs, maybe 50,000 jobs and billions of dollars worth of investment into their states. my next guest is out in front of it all. he has been beating the drum for more business to come to his home state and my home state of new hampshire since the day amazon made the announcement. he has been leading the charge pushing for new hampshire which, as you all know, happens to be where i grew up, where i happen to also think amazon should be setting up shop. here to tell us why, how t

google has the pixel phone and their chrome cast product. what amazon is saying we are going to make the smartphone our entire category. we are going to take over every part of the home. not only do they have a smaller they also have a high-end speaker that will allow you to connect to your network. as well as a new fire tv stick. i think that really stole the show. a half circle device with a small screen that you can make video calls from. you can watch video and listen to music. you can learn about your day and your calendar. amazon comingis out with these devices for all parts of your life. basically amazon is trying to be wherever you are. emily: do you think we will see more partnerships in the future? mark: this is the third one. they announced a partnership with volkswagen and ford at the beginning of the year. i have not seen any models of seen any models of those coming out. >> alexa still gets confused sometimes. the voice of a nation still has a long way to go. did amazon address any of that today? mark: we saw a lot of new funct

google isn't picking up htc already makes the pixel. le will gain tighter control over phone hardware and softwa increa sales of its own task the picks simple very small. about half a million units its first quarter. anothe question is what happen to htc now, once one of the world' top smartphone makers, said it will remain in the releas a new flagship phone fo 2018 >> deidre had mentioned what but it's been making a bigger this could be a bigger vision >> if something like this is whethe it's just to solve a don't know >> you make it sound like a moonsh 1% market share. >> obviously it's not something but it has to solve some sort of whethe it's data collection. being on the ground floor for softwa >> there's some thinking by for $1.1 billion that's a >> change in their couch >>> we do want to keep you on maria. destrohomes. knocke down power. litera across puerto rico. we go to san juan important the latest bringi military helicopter today to help with the rescues we're in san juan which is a imagin what is it like in some that we visi

lauren: good morning, ladies google would pay $131 billion all cash to develop a pixel smartphone. o gets a nonexclusive license for htc's intellectual property but not acquired any manufacturing assets. it will continue on with some smartphone business even after sending a good portion of it talented operations to google. cheryl: google gets all the talent. the first grocery store to purchase a meal kit service. this is interesting. transfer could be a game changer. albertson operates safeway, jewel and bond. it is like totally burn in afresh. they delivered meal ingredients to customers in a subscription model will continue to operate like that. the meal kits will be available in some of albertsons 2300 grocery stores. the subscription service is trying to keep up after amazon purchase whole foods. lauren: competitive. they are trying to stay afloat many of them. cheryl: speaking of grocery stores, all the customers getting excited. forget about those absent calendars with the chocolates and then. grocery store selling a wine advent calendar. there it is filled with 24 mini bottle

google has the pixel phone and their tv products.hat amazon is saying is we are going to make the smart home our category. we are going to take over every part of the home. not only do they have a smaller speaker, they have a new and a speaker that allows you to connect to appliances in the network. they have a new fire tv product and a new echo spot. that really stole the show. it is $130, half circle device it will have a 2.5 inch screen. , you can get video calls from it and watch video and listen to music. read lyrics, get contacts, learn about your day, your weather. amazon is coming out with smart home devices and speakers for all parts of your life. you alluded to the bmw partnership. they are trying to stick alexa wherever you are. emily: do you think we will see more partnerships in the future? with other carmakers for example? >> this is the third one. they announced volkswagen and ford at the beginning of the year. we have not seen many new models with the alexa functions. as of yet. bmw was on stage at the event today. at

. >> reporter: google buying a big piece of htc, which makes google's flagship phone the pixel for $1.1t designs the pixel as well as the nonexclusive agreement to htc's intellectual property. htc's share of the smartphone has been down in years. jobless claims are down, a big drop in texas where claims have spiked for two weeks, after hurricane harvey. stock market opening lower in morning with pressure from apple. the iphone 10 may delayed for another month. apple shares down 1%. the dow down 20. nasdaq down 22. le down 5. e k th>>an more than 400,000 square feet of office space in san francisco. here's what the very top of the 54-story tower on 181 fremont is set to look like. construction starts this fall. in san francisco style it will have offices on the bottom and condos on top. >>> caltrain riders will notice changes starting october 1. the cost of a monthly parking pass is going up to $82.50 based on 15 days a month instead of 10. daily parking fees will not be affected. riders will have to pay an extra 25 cents per zone. >>> that's a big jump. >> it is. >> yeah. >> all right.

." >>> it's now mountain view- based google's turn to announce its phones, the pixel 2 on october 4 accordingde by google website after . >>> you can order the iphone 8 and 8 plus available for preorder right now. the devices will be released next friday. you have to wait a little longer to get the 10. preorders to that begin at the end of next month. >>> and australian company decided man's best friend deserved a spot on swimsuits. dogs and cats on fronts and backs and even bottoms are now a reality from a startup based in sydnicu a friend wanted him to print a swimsuit of their burmese mountain dog as a joke. now business is booming and the company has a kickstarter account to keep the supply strong. >>> i'm dennis o'donnell. coming up, why the raiders' new kicker once thought field goals were meant to be kicked below the crossbar. and the indians incredible win streak on life support last night in cleveland. what's cool about your school? email your nomination to us at coolschools@kpix.com, and we may feature your school on the thursday morning show. play o' the day from the ♪ ♪ ♪ ♪ wow! n

google has picked up a stake in taiwan's htc. >> they are buying the team that built the pixel smartphone valued at $1.1 billion. theighlights how serious company is focusing on expanding into hardware. lessll make the company relied on samsung, the smartphone maker that has become the dominant supplier of google's android operating system. emmanuel macron along with his british and italian counterparts told u.s. tech forms that he would hold them to account. as for failing to block online and extremist content. he threatened to name and shame companies that failed to take action. listened even though they did not send their executives to meet with the head of state. facebook sent lower ranking executives. singaporeorker at airport has been charged with making mischief. >> the 63-year-old man in question was a baggage handler. mischief 286 counts of for swapping baggage tags on a daily basis for three months starting from last november. passengers flying with singapore airlines were affected. if you are one of the unlucky ones your bags destined for new york city or paris landed somewhere else. we don't know wher

h t c's four thousand developers are moving to google the companies have been working together since two thousand and eight together they brought the pixel smartphone to the market h t c wants to use the money from google to grow in other fields. i think that vive in virtual reality are and will be my passion in the future i also believe this is an unlimited opportunity and i will keep investing massively in it. h t c was one of the pioneers on the smartphone market in twenty eleven the company had a market share of nine percent now it's less than one percent finances are tight and h t c can really use the proceeds of the sale to google and that's not just the virtual reality. from technology to good old down to earth sports and it's been a big cannot of bundesliga actions to me that's right monica we're going to look at one of those matches from wednesday night at dortmund are at the top the bonus they standings again after taking care of business so wednesday in hamburg dortmund are unbeaten through five matches now and they've given up exactly zero goals. it was a high tempo game with both sides having chances in the opening minutes b

google is betting big on smartphone hardware. the company is paying 1.1 billion in crash for htc's pixel division as part of the deal google will gain00 htc employees this is the second move into hardware it first attempt didn't work so well the deal is subject to regulatory approvals but is expected to close by early 2018. google stock down fractionally in the premarket >> let's go to twitter, it's a growing focus of the senate's russia probe the social media company will meet with intelligence committee staff to discuss the role its flat form played in the distribution of russian disinformation investigators focusing on the prominence of bots, automated accounted used to post and amplify information. the technology could have helped make misleading campaign tweets go viral facebook is a focus of the senate's probe >>> now to a merger in the meal kit space. landon dowdy joins us withlicios >> albertsons saying it will buy the meal delivery service plated this is the largest supermarket, one of the largest chains, and they're trying to attract more customers to their stores. the move comes less than a month after amazon entered the

pixel . the deal includes the nonexclusive ip arrangement, from what i have been told it is a way to avoid any lawsuits, so googlecused of using htc with the pixel phone moving ford, they are protected. vonnie: the smartphone business is getting crowded and you mentioned some asian players, so who is gaining the ground here in this battle? mark: it depends on whether it is monday or tuesday. it changes quite a bit. they were up a little bit. shery: not anymore. mark: they have been a huge player. of china.po out it is really a battle that it's going. vonnie: what about more acquisitions, google has 20 of cash. this was relatively -- plenty of cash. this was relatively small. mark: a lot of the acquisitions will probably come with the cloud business. somebody on twitter was saying that they are building hardware, but not networks, because they have divested from google fiber and a lot of the wireless business. but i think we will see that they are in reports to -- they are in talks to invest in lyft. maybe you will see more investment and acquisitions there. vonnie: thank you so much mark berg, joining us in the s

google's striking a billion-dollar agreement with consumer electronics company htc. deirdre bosa has the details for us deirdre? >> reporter: hey, kelly, bill, the company picked up htc's pixelalf of its 4,000-person rnd team. a deal worth $1.1 billion. in a blog post, "still early days for google's hardware business we're focused on building our core capability and we're investing for the long run." this comes just days ahead of their october 4th launch of sec-generation products. its current suite of gadgets include these here, the pixel smartphone, google home, daydream view among others guys, this is not the first time google has bet on hardware and its record isn't great in 2012, it bought motorola for $12.5 billion. back in 2012 less than two years later google sold it to le snrks erklenovo nest 2, google has yet to be prove it can be successful at selling devices. analysts say this could be different. the deal is smaller. not pick up manufacturing facility remember htc already makes the pixel. tighter control over phone hardware and software at a time web gadgets have become critical to bigger pushes like a.i., augmented reality, digital assistance increasing sales of

google is said to be buying part htc. this includes employees working on pixel and to focus on branded phone operations.still getting a few more lines on that and will keep you updated your softbank chairman mesh he or spoke about tech innovation, wealth, and his thoughts about alibaba's jack ma. years, the innovation of the microprocessor using mike microprocessor as a face to create internet, that has changed the lives of almost everybody on the earth, but going forward, i think it is six celebrating even more. >> early in your career, you were a technology innovator. in 2000, you lost $70 billion of net worth. what did it feel like to lose $70 billion of net worth in one year? [inaudible] it was a crash. it really was a crash. somehow at the bottom of the five my actually read spirit of fighting. actually, it was good. and that was the softbank chairman and ceo speaking of the global business form moderated by david rubenstein. hour, thein the next boj policy decision, fidelity international in 10 minutes from now. to update our viewers. some lines out of htc. htc near this $1 billion engineering tea

. >> you mentioned chip there is activity in the chip business google paying 1.1 billion dollars for the htc division develops pixelake with chip business. >> softbank spent 30 billions on a company not many people heard of people who own chip business own future some ways because the chip technology that is in the chips drive what smartphone can do now that so many will are connected, you know what capabilities are in pipeline shape those capabilities rufrts softbank ceo wanted to acquire he is excited about artificial intelligence to control and shape that technology it is the core of the technology that the chips are about why so many want to control it. maria: are you going to buy knew iphone iphone 10 you are expert in tech i want to know what you are doing. >> really good question the price tag 1,000 dollars for apple 10 is steeper than any other device they have proud, carries gives most free financing are getting grouchy we don't want to give 1,000 dollars of annoy, zero interest financing for this device might be more expensive because carries are not giving away promising they are tired of -- >> putting t

by owning a manufacturer, google gains tighter production over its pixel smartphone and other devices in taiwan. at the bloomberg global business forum, we have been speaking with the president of ghana. he tells francine that his country must supply -- control more of the supply chain. towe have to find a way control the raw material to the finished product. that is where the value is. so far, either out of negligence difficulty, or the of mobilizing the finance, we have not been able to do it. taylor: that is your bloomberg business flash. weeki put out a tweet this from the legendary stanley crawl and he always went to cocoa first. let's put up a cocoa chart. we are back to 1970 pricing. here is the huge cocoa boom from the 1970's. look at this plunge off a cliff. francine: this is what we were trying to address. ghana is responsible for 60% of the world's cocoa production and they earned the equivalent of 5.5% of the value chain. he is thinking, i'm producing 60%, i get 5.5% of the chocolate market, i'm going to team up with ivory coast to try to figure things out. tom: coco carte

analysts say the deal shows google is serious about growing its smartphone unit and can now further develop its flagship pixel smartphone. >>> just when equifax thought things couldn't get much worse, their twitter account tweeted links to a fake phishing site pretending to be equifax. it used an address similar to equifax's. those twitter posts have been deleted. earlier this month, equifax said the personal information of 143 million customers was potentially compromised in a cyberattack. >>> wall street's regulator, the sec, is coming under fire after being hacked. late last night the agency said it discovered a breach in its corporate filing system last year and became aware last month that hacked information may have been used for illegal stock trades. eamon javers is following the story for us from washington. eamon, i said they discovered this last year. why did it take so long for them to disclose this hack? >> reporter: we've been asking the sec exactly that all day, bill, that's the obvious question here. if you knew about it last year, why is it just coming to light today? the sec has not responded

htc, to bolster its hardware business under the agreement, google will acquire a team of htc employees, many of whom have worked on its pixelreturn, htc will receive $1.1 billion in cash. google will separately also receive a non-exclusive license for htc intellectual property. google, however, has provided a lifeline for htc over the past few years. htc built some of google's nexus tablets, and google worked closely with htc on the manufacturing and assembly of its first-ever end-to-end phone design, the pixel. are stocks too risky for retirees to invest in? -matthew for years, men have enjoyed their man caves without guilt. now, it's mama's turn. welcome to my she shed. ...where i enjoy not cooking, not gardening, and not cleaning. ...where me and the girls can let loose. oh, look at the time! me time... mmm..brownies. fiber one 90 calorie brownies. allll mine. spots. bay bridge wb 80 is less then 30 min from the maze to sf. san mateo bridge less then 30 min from 880 to 101. golden gat bridge drive time less than 30 min from 37 to the toll plaza. richmond bridge drive less than 20 min from the toll to 101 ( mark ) m-s-n-b

don't need a brand, google are ready has a brand and are doing very well on the google brand and a sub brand of the pixelll they are getting is the manufacturing, the rest of it they don't need, so it does not look like they will buy. yvonne: tim colson, joining us live from taipei. coming up next, softbank's masayoshi son shares his thoughts on innovation with bloomberg's global business forum. this is bloomberg. ♪ yvonne: this is "daybreak: asia ." betty: i'm betty liu in new york. yvonne: i'm yvonne man in hong kong. speaking at the bloomberg global forum, masayoshi son talked about tech innovation and his thoughts about alibaba. take a listen. , the innovation of the microprocessors, using microprocessors as a base to create internet, that has changed the lives of almost everybody on the earth. but going forward, i think it is accelerating even more. >> earlier in your career, you were a technology innovator. at one point, i think in 2000, you lost $70 billion of net worth. what did it feel like to lose $70 billion in one year? >> it was a crash. everybody crashed. [laughter] somehow, at the bottom o

buying htc's mobile division team, gives google access to the hardware and talent it needs to jump directly into the phone making business. they built the pixel smartphone. >>> ups plans to hire new employees for the holidays. some lead to permanent positions. in recent years 35% have stayed on full time. >> today the dow's 9 day winning streak came to close. lost points. nasdaq and s&p dropped as well. >>> soon get more than groceries at albertson's. plated sends customers weekly kits with ingredients and recipes and will be available in albertson's stores. second largest chain, bought safeway in 2013. >>> what is old is new again. trix cereal going back to artificial ingredients because that's what people want. first to replace artificial ingredients with fruit, vegetables and spices for colors. lost neon colors. classic will return and natural version sold alongside it. >> which people won't buy because the colorful version is coming back right? >> how would you like to retire at 33? >> we missed that boat. >> ship has sailed but professional boxer with good record. >> look at legacy in his sport. >>> provide a way to have discussion in he

help google gain tighter control over the production of its pixel devices.e and other htc is one of the biggest smartphone makers. primen: u.k. minister theresa may is weighing -- thet is good so-called brexit bill is estimated at more than 20 billion pounds, perhaps north of that. may is preparing for her landmark beach -- speech on brexit in florence this friday. >> theresa may has met with her cabinet in london. they are overlooking the speech she has dropped in for tomorrow, signing off on it. this will result in a cabinet meeting two. the eyes and cross the tease. tomorrow, she goes to florence, and the hope of the eu is that she will give more ground on the exit bill, which could run up to a 100 billion euros. a huge number out there. she is expected to give it over tomorrow that the u.k. is willing to pay. there is a sign she is willing to open discussions on it and brought in the framework to calculate the final bill. jonathan: we can have a discussion about what this ultimately means for negotiations with the european union as far as getting past the bill and getting onto the t

buying htc's mobile division team, gives google access to the hardware and talent it needs to jump directly into the phone making business. they built the pixel smartphone. >>> ups plans to hire new employees for the holidays. some lead to permanent positions. in recent years 35% have stayed on full time. >> today the dow's 9 day winning streak came to close. lost points. nasdaq and s&p dropped as well. >>> soon get more than groceries at albertson's. plated sends customers weekly kits with ingredients and recipes and will be available in albertson's stores. second largest chain, bought safeway in 2013. >>> what is old is new again. trix cereal going back to artificial ingredients because that's what people want. first to replace artificial ingredients with fruit, vegetables and spices for colors. lost neon colors. classic will return and natural version sold alongside it. >> which people won't buy because the colorful version is coming back right? >> how would you like to retire at 33? >> we missed that boat. >> ship has sailed but professional boxer with good record. >> look at legacy in his sport. >>> provide a way to have discussion in he

it gives google access to the hardware and talent it needs to jump directly into the phone making business. it built the pixelaker like the amazon echo. >>> abc 7 news was in the city where facebook has rented all the office space at a building under construction. the san francisco business times says it is the city's largest office lease in three years. it has 346,000 square feet of office space, enough room. global franchise group bought bay area based roundtable pizza. >> it owns franchises of hot dog on a stick, pretzel maker and creamery. the dollar amount on the deal was not revealed. headquarters in concord. >>> seeking at letas$2.6 billion from uber. the companies are going to court next month as they compete to develop self-driving cars. according to the "l.a. times," wamo claims uber stole trade secrets saying the damages are worth $2.6 billion for one of them. the estimated value of the others has not been made public. >> if you feel like you're getting nickelled and dime when you if on an airplane, here is why. airlines made more than $7 billion last year in those fees. we're talking about checked

google. the company says many of those employees were already working with it to develop pixel smartphones. h-t-c will still make its own smartphones...but the acquisition means it's lost a good portion of its talent. (grant) vacation rental nightmare. coming up - why one bay area woman is now warning others about using your home as a short term rental.(vicki) and - people in the bay area are worried about their family members in puerto rico. this after a hurricane maria knocked out power to almost the entire island. we'll have an update on the situation there - right after the break. (vicki) devastation in puerto rico. hurricane maria leaves the island with severe flooding and without power... (grant) and tonight... it's clear the recovery will take months if not years. karin caifa has the latest on maria's path, and destruction... the last of maria's rain bands over puerto rico, looking as punishing as harvey's were over houston.the island's power grid -- devastated. already plagued by financial troubles before the storm, parts of puerto rico may be in the dark, for months.carlos mercader

google is trying to boost its hardware business and has agreed part of htc design engineering team for $1.1 billion. by owning a manufacturer, it will gain tighter control over production of its pixelsrtphone and other devices. once one of the biggest smartphone makers is based in taiwan. the biggest italian bank is interested in a possible combination with germany's commerzbank. credit has had talks with the german government. a deal is set to be unlikely the short term because both banks are cutting jobs and selling assets to boost profits. home's isof kb cutting the ceos bonus by of his profanee tirade against comedian kathy griffin. they warn he will be fired if he does anything like that again. his outburst was recorded after kathy griffin and her boyfriend called police to complain about noise. that is your latest bloomberg business flash. still ahead, is not easy being mark zuckerberg right now. we will discuss the political crises facing him next. this is bloomberg. ♪ nejra: this is bloomberg markets. vonnie: from new york, i'm vonnie quinn. is mark zuckerberg running for president? he is contemplating his political future at a moment when he has not figured out his politica