huawei is one of the global leaders.tors, are talking to the government about what 5g means. government and huawei discussions are healthy and regular. there is a lot of reporting around it. that is part of the overall environment in australia. haidi: it seems to be part of the environment globally, but the investors also have misgivings about huawei. in a piece you wrote, you said that china's intelligence law dictates that all organizations and citizens must cooperate with the espionage work. you were a military man in australia. tell us why you don't share these concerns. i can't imagine you would work for this company if you did. guest: i most certainly wouldn't. decemberined huawei in of -- i met with the global board. did theirdirectors separate due diligence. all of us felt perfectly happy. after that, there were several reports and they have been circulating on and off. none of us have felt any need to doubt our initial judgment. we recently had a new director join, the ceo of the largest railway and australia. l

no data was ever stored on huawei's servers. the problem with that statement is we don't trust facebook anymore, after all the revelations and apologies of the last few years. lawmakers are not really taking that as a response to this concern. they want to know why zuckerberg didn't mention this when he had 10 hours of congressional testimony and he was talking about third-party relationships. why not bring up these relationships, too? so, there are a lot of angry people on the hill today about facebook. emily: senator mark warner saying, "we need answers from facebook, the whole story now, not six months from now." senator marco rubio, "why didn't facebook reveal this data sharing deal with huawei months ago?" what do we know about the nature of this data? sarah: what facebook was allowing these device makers to do is build facebook app experiences into their phones. these are legacy partnerships from before the app store even existed on these phones. some people are still using these devices that have these old versions of fac

more obstacles for huawei? huawei isa . more obstacles for huawei?e biggest manufacturers of back—end technology, not just handsets biggest manufacturers of back—end technology, notjust handsets but all of those blinking boxes in telephone exchanges that make everything work. knocking them out of the five g network is a very big deal. their infrastructure is everywhere —— blocking them out of the sg everywhere —— blocking them out of the 5g network. the australian politicians have expressed concerns, they say the huawei is far too close to the chinese government. those security concerns are serious enough that the australian government convinced the solomon islands, a small pacific nation, to drop a contract with huawei for an undersea cable and let australia build it inside. the us and british intelligence communities have raised concerns before as well. it has been suggested by a few critics that there are commercial concerns as well, that the us being worried about companies like huawei taking the lead on 5g. huawei have long denied it is an arm o

huawei was one companies barred from having its products soldthe pentagon. a familiar spotlight, h concerns that it is failing to be transparent in how its user data is handled by third parties. joining us now to discuss, eric prior, who covers facebook for bloomberg. are chinesee companies, which the united states has talked about being possible security risks. how much fuel does this add to the fire? >> it adds a lot of fuel to the fire, but i want to be clear that huawei and facebook have both said no data was ever stored onwei'rver the problem with that stais we'k anymore, after all the revelations and apologies of the last few years. lawmakers are not really taking that as a response to this concern. they want to know why zuckerberg didn't mention them when he had 10 hours of congressional testimony and he was talking about third-party relationships. why not bring up these relationships, too? so, there are a lot of angry people on the hill today about faceok. emily: senator mark warner saying, "we need answers from facebook, the whole story now, not six

and huawei. i' confint tha worki together with the senators and our house counterparts that the final version on which we'll vote later this year will have very tough language that will move us in the right direction in protecting our citizens' safety and privacy. mr. president, i yield the floor and i note the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: the presiding officer: the senator from georgia. a a tthe quorum call be viated, please. the presiding officer: without objection. mr. perdue: i and that it be in order to call up amendment 22800 to amendment 2822, please. the presiding officer: is there objection? mr. corker: mr. president? the presiding officer: the senator from maryland. mr. van hollen: thank you. reserving the right to object, senator cotton from arkansas and i were just on thelo this past 15 minutes explaining why this bipartisan provi is inthe e bill. because of the threats posed by huawei and z.t. and with respect to z. specific h

the companies in question are huawei, lenovo, and to others.i was one of a few chinese companies barred from having its products sold to the pentagon and armed forces. it is a part of federal funds being spent on the company. facebook is in a spotlight, having to answer concerns it is failing to be transparent with how its users data is being handled by third parties. our reporter has more. reporter: it adds a lot of fuel to the fire, but i want to be clear that huawei and facebook say no data was served -- stored on the servers. the problem with that statement is we don't trust facebook anymore, after all the revelations and the policies of the last few years. lawmakers are not really taking that as a clear response to this concern. they want to know why mark zuckerberg did not mention this when he had 10 hours of congressional testimony, and he was talking about third-party relationships. why not bring up these relationships too? and so there are a lot of angry people on the show about facebook. emily: senator mark warner saying we need answe

fire again after disclosing data sharing partnerships with at least four chinese firms including huawei chinese mobile phone company u.s. intelligence officis have identified as a national security threat. actually, a lot of facebook headlines today. there's the huawei and data sharing, news on insta and video, deep dive on what'sapp and the riff between the founders and zuckerberg. the data sharing what does it mean to you, knowing where we've been on the story? >> as investors i think we have to take a couple issues away the first is that facebook's lack of transparency relative to its business practices is in conflict with the politics of being as big as they are and it's produced this drip, drip, drip of revelations for stuff going on for years aeir wo and honest about it is going to be a political problem for them and a stock problem. >> this one i don't get. i mean, when you enable these apps on these phones they said hey, here's all this stuff that's going to be shared with the phone and i get, you know, you know who makes the phone, that's why when i was reviewing these things o

the companies in question include huawei. lenovo.i was one of the few companies being barred from selling to u.s. armed forces. facebook is in a spotlight, addressing concerns that they failed to be transparent about how they are handling user data. our reporter joined us with more. >> it adds a lot of fuel to the fire, but i want to be clear that they have said it no data -- said that no data was ever stored on huawei servers. the problem is that we do not trust facebook anymore, after all the revelations and the apologies of the last few years. lawmakers are not taking that as a clear response, they want to know why mark zuckerberg did not mention this when he had 10 hours of congressional testimony and was talking about third-party relationships. why not bring up these relationships, too? so there are a lot of angry people on the hill today about facebook. warren saying we need answers, the whole story now, senator marco rubio asked why they didn't reveal this deal -- reveal this months ago, and do not compare this to other deals.

th media company tel "the new york times" all data shared with huawei stayed on its phone and not huawei'svers, but not everyone is convinced. mark warner is looking forward to learning more about how facebook ensured that the information about their users was not sent to chinese servers. shares are off, and this is concerning because we learned last week they were sharing data with blackberry and other domestic apple, google, amazon now we're learning that they were sharing this information with, you know, huawei has been linked to the chinese government, to the army. its founder was an engineer for the army there it raises a lot of questions about the way facebook has been sharing data >> yeah. they're also taking some heat for the way that they shared data through your friends. apparently, it's not just when you click that agree button, at leasyears o, thawould, you know, subscribe to their policy provisions or privacy provisions, thou were also agreeing to share your friends' users' data, from what i understand. >> and this is problematic because if you were smart enough to go into you

huawei phones are used all over the world, including the united states.ok is arguing that they need to have their apps on one of the motorist important phone manufacturers around the world. that is how they are framing this, that other companies like google and twitter have their services on these phone too. seen if therebe is any harm that we have not seen in the report. emily: we then turned to the view from washington and spoke with congressman greg walden he , represents oregon's second congressional district and is the chair of the house energy and commerce committee, which questioned mark zuckerberg in april. communication between silicon valley and trust and communication between silicon valley and washington, d.c., and lawmakers and silicon valley and trust and an indication with their users. you have to have clarity in the conversation. you have to have full disclosure in the conversation, whether that is at a witness table before congress or in agreement with your customers. that is why users are frustrated and why members of congress as their r

they are angry he knew about the huawei situation but never testified before congress. he said users had complete control over who seized their data. obviously that's not the case. don't say something not true to congress. >> zuckerberg, why would he give up that information. >> good question, huawei. they make cheap phones. they are the third most popular phones in the world. a lot of people can't get facebook, don't have data streams, whatever. zuckerberg said to phonemakers, maybe you could make a facebook inside your phone special for your phone users who can't get our full facebook experience. >> okay. >> one of them was huawei and tied, we think, to chinese intelligence services. that's why he did it was to get facebook into the hands of people who use huawei phones. >> right. who normally wouldn't get it. thank you, scott. >>> we have another story to tell you about, peninsula city considering so-called head count tax. we first told you about this on tuesday. mountain view, "think google, cupertino, think apple, taxes based on the number of people who work at a t

ramy: huawei is such a politically sensitive company.facebook inter-a deal with the company like this? >> huawei is one of the top phone manufacturers in the world. facebook wants to be available to all phones. facebook put in place somebody to make sure that each one of these times that huawei build an facebook branding that they had checked it and make sure to test it and it was not sending data back to servers. we will see if that is true. ramy: thank you very much. indonesia's new chief gives bloomberg his first interview with international media since taking office. that is next. this is bloomberg. ♪ . ♪ haidi: it is 8:30 a.m. in sydney, markets look to open in a buoyant mood. weures higher by .5% as track another session of gains overnight. i am haidi lun in sydney. ramy: ramy inocencio in new york. you are watching "daybreak: australia." let's get first word news with courtney collins. >> first up, paul ryan contradicting president trump, saying there is no evidence the fbi spied on his election campaign. ryan says he agrees with

i want to be clear that huawei and facebook have both said no data was stored on huawei's servers.oblem with that statement is we don't trust facebook anymore. after all of the revelations of the last few years, lawmakers are not really taking that as a clear response to this concern. they want to know why zuckerberg did not mention this when he had 10 hours of congressional testimony and he was talking why not bring up thesetionships, relationships too? so there are a lot of angry people on the hill today about facebook. >> more about tesla, investors have backed its besieged board. defeating a proposal for an independent chairman and approving the reelection of three directors. shareholders sided with the board's recommendations on all agenda items, including keeping elon musk as ceo and chairman. it seems like shareholders overcoming what critics have said about tesla having failed to reach production targets. elon musk's combative earnings call on this as well. how big of a victory is this? >> it is a big victory. it is not surprising given the shareholder base. the pension fun

it's not just facebook -- google has these partnerships with huawei.oes congress need to do something about ensuring the privacy of americans and ensuring there are limitations to chinese firms reaching into american businesses? sen. thune: we are looking at that right now. there have been discussions among our members and we are listening to the stakeholder community to try to determine what is the best path forward, particularly with regard to big social media platforms like facebook and google who have partnerships with device manufacturers in places like china, like huawei, that could be detriment of. if there's user information being exposed. facebook didn't disclose.that letter to them right now asking them for additional information. how do they ensure these partners they have actually are protecting user information? to your point, i think we are getting to that time in our nation's history with the dramatic increase in user information that is available out there that we may need some protections an safeguards. david: i wonder whether the over

zte and huawei. they think they could potentially be arms for chinese ability to do espionage, perform espionage in american citizens. when we have the tech companies that have more of our data and private information than ever before, it's really cause for concern on capitol hill and they have to explain that. liz: you know, also let's get to the story. bring it up again, google still under fire for labelling a trump-supporting republican state senator as a bigot on a search screen. you will see the photo there. google under fire for a search result showing nazism as one of the ideologies as the california party. the material was incorrect and wasn't their fault. we haven't really seen an apology from google about these problems that keep popping up, chris? >> not much of one, and that politician got in touch with google and complained, they said to take it up with someone else. wasn't until the drudge report picked it up that it went anywhere. google keeps algorithms secret, of course because they

huawei, flagging itasa authority had about huawei, flagging it as a security concern.lligence perspective, it is that huawei, which is the number one chinese telecommunications firm, could have links to the chase:, and that the devices could be used to some sort of spying. that is an allegation levelled at it by various members of us congress and intelligent agencies, and data pulled down from facebook could be siphoned off and shared with various chinese authorities, spy agencies. other concerns that privacy activists say facebook is not doing enough to make sure users of its platform know how their data is being used, where it is going, who is seeing it, who has access to it. there are various concerns, but the big one from congress, this big geopolitical spying concern about huawei technology. thank you very much. we are looking at what happened at tsb and the financial regulator is being questioned by mps. this was back in april. you may remember when new computer systems were brought in, almost 2 million people, 1.9 million people, lost access to their online bank

among the chinese companies is huawei, the world's third largest phone maker, some u.s.elligence officials called the firm a natd security threat. >> trevor: okay, so on the downside facebook may ha comprod national now we aw how to pronounce huawei, yeah t balances out. china may vawl of our personal information but we are only a few more data breaches away from learning mandarin. now facebook say thasehey want to change. but i don't know how easy it will be for the company. considering that the core of its business is to turn your information into profits. which they are really good at doing. last year ale facebook brought in 40 billion dollars inadverti. which is 98% of their revenue. and it makes sense. i mean lik you think they were making money from your pokes? no, pokes lose you money, just ask bill o'reilly. every me you see an ad, facebook makes money. mor spendn facebook, theore money they make. ich is why they found a really effective way to keem you on the site. >> what people don't see about facebook is that polarization is built into the business mode is p

intelligence officials have called that chinese company, huawei a security threat to the u.s.eted this overnight. this could be a very big problem. if it had access to social data of americans it might as well have given it directly to the government of china. joining me now we have cnn money tech correspondent sam burke, and sam, facebook is saying there's no issue here. there's no problem, but they're ending the program which speaks volumes. what do you this? >> absolutely. people waking up saying where is my facebook data and what facebook is saying is quite intesting and this is from a bygone era, so thephonemakers like apple and huawei, but take a look at this, brian a the details they were handing over to some of these companies about us, starting with your education and work status and political leanings and it begs the question. if i invite you to lunch, brianna, i might need your phone number and why would i ask for your social security number and type of information. if you're designing apps, why u.s.gence agencies have said for many years is a security threat. why w

officials worn that huawei smartphones can be used for spying. huawei denies that.onships before app stores existed. now, it's winding down the agreements, including the agreement with huawei, that it fuels concerns about how facebook handles user data. it is recovering from its other crisis. facebook exposed data of 80 million usersthird rty without their consent. >>> coming up, the white house claims cancelling the eagles' visit to the white house is the fault of the team. the president's re ceremony, also drawing backlash. we'll discuss this next. ancestrydna is only $69 for father's day. and with twice the detail of other tests... ...it can show dad where he's from ...and strengthen the bonds you share. give dad ancestrydna for just $69- our lowest father's day price ever. for just $69- only tylenol® rapid release gels have laser drilled holes. they release medicine fast, for fast pain relief. tylenol® gives skin the moisture it needs and keeps it there longer with lock-in moisture technology skin is petal smooth teall, a canser's just a cleanser unless it's ola

at least four companies mentioned, including huawei, lenovo and lct.rms from the get go, but the information that was reportedly stored on servers by these companies abroad, they say they were always stored on device themselves, so facebook now has to answer to many angry friends as to what is happening with their data. again, one way for the company to make him in road that has been pushed out of the mainland market. this isjust another way to maybe bypass into this massive market of software users and hopefully gain more friends there on the mainland. users and hopefully gain more friends there on the mainlandm really does highlight the difficulties for firms like that, given all the attention now on data sharing and what they do with our data. monica in miller in singapore, thank you. tech stocks were responsible for a boost to wall street yesterday with netflix and amazon up more than i%, helping the nasdaq to a record high. it's the second straight session where tech stocks have been in the spotlight. tokyo stocks ending slightly higher helped by

being allowed into this country, and in my view the same would be true of huawei, the other big chinese telecom company. z.t.e., backed by china's government, has flouted u.s. sanctions and lied about it. the f.c.c., the f.b.i., and the pentagon have all issued stern warnings about the national risk posed by z.t.e.'s technology. allowing the sale of z.t.e. technology in the united states could allow china to spy on every american's private information, on american businesses, and even on our military. it's a security risk, and why is president trump, in a simple call with president xi, just legislate -- letting it continue? fines don't matter at all to this giant company. they will still pose the same security risk before and after they pay a fine. so when the trump administration reached a sweetheart deal with z.t.e. to go easy on them, folks here in congress from both parties were shaking their heads in disbelief. china's the singlemost significant threat to american jobs and american intellectual property, the lifeblood of our economy. z.t.e. represents that threat. there is no good

they needed to have the huawei servers because so many people around the world use huawei phones.interesting, the diebold ching of new information --t -- the diebold ching divulging of new information. on a surprisee resignation, just ahead. this is bloomberg. ♪ retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. yvonne: it is looking wet and dreary outside. it is 7:30 p.m. wednesday in new york. markets closed up nearly 9/10 of 1%. fears of a trade war has foraged for now -- ebbed now. yvonne: you are watching "bloomberg daybreak: asia." let's get to the first word news with courtney collins. courtney: first up, paul ryan is contradicting president trump, saying there is no evidence the fbi spied on his el

let's point a few things out about huawei. zte another problem. the justice department in april is investigating huawei, the largest supplier of telecom equipment for violating iran sanctions. ritter said in 2012 that a huawei partner offered to sell i would a developed system for monitoring communications. the house intelligence committee years ago flied huawei in 2012 saying they can't be trusted to be free of foreign state influence and they pose a security threat to the united states in our system. this is a deal with a company that is a threat to the united states. by the way, huawei is banned from government contracts. facebook readily get some bad. train to derail the soundbites of devin nunes? talk in march he brought up the issue of china in general about the investigation the house intel committee is going into and what it's scrutinizing. one of the things of the scrutinizing is chanted using its economic aid to its military base. there are several links to this story appeared on the one hand technology. the other hand they are building

about this several months ago, they all said, you know, none of us would carry a phone by zte or huaweihnologies. i would recommend you never buy a phone from zte, not a good idea. we'll see what happens here. but this is all part of a larger discussion around trade. if this is something that helps to ameliorate the trade discussion going forward, that's one thing. but we talk about national security threats and using the national security provisions in u.s. law as part of these discussions, they are properly applied to china, they are not properly applied to canada, and mexico, our neighbors to the north and the south and our long time ally. i would caution policymakers to be using these national security provisions in the right way. >> let's remind folks what national security leaders have said about zte, rana. this isn't lawmakers or critics of the president, this is real national security concerns from real national security leaders. listen to this. >> we're deeply concerned about the risks of allowing any company or entity that is beholden to foreign governments that don't share ou

and huawei threaten the security of our networks due to their close ties to the chinese government. they have also violated our sanctions, broken our law, and provided equipment and services to rogue regimes such as iran and north korea. president trump and commerce secretary wilbur ross may be willing to overlook z.t.e.'s track record, but congress will not do so. our amendment which has been clued in the managers' package will prohibit z.t.e. and huawei technology and equipment from entering the networks of the united states government and its contractors for the safety and security of all of us. it's not just -- an intellectual point. it is a practical security measure. these two companies are instruments of chinese influence, and they are peddling that influence throughout the world. we will assure through this provision that these two telecommunications companies beholden to the chinese government are not a part of our communication system in this great nation. madam president, i am proud to support this ndaa, and i yield the floor. a senator: madam president. the presiding off

huawei did disclose this partnership back in dwlechb. think that right now there's so much more scrutiny on everything that facebook does and the potential implications >> it feels kind of like business as usual except it's like we'll stop doing it now >> instagram could start enabling users to share video up to an hour long. right now the limit is 60 seconds. this is according to a new "wall street journal" report out just today that says that the company's in talks with creators and publishers to create these longer videos. they're very popular used by about 300 million people daily now, facebook says no comment on this "wall street journal" report, but it all comes as facebook invests more in longer form videos for its watch tab. just today unveiled its new shows for watch. now, investment in longer content could be designed to help facebook and instagram gain on youtube a pugh study out last week said youtube is the most popular platform with teens used by 85% of respondents followed by instagram, snapchat, and then facebook of cours

huawei by the end of thweek senator thune is now demanding that facebook provide congress with there data about those partnerships >> i have a question it feels like a drip, drip, driven every day when it comes to facebook and some of the scandals as it relates to what they have done with our data how should we think about each individual one, which one is the most serio lead to really a crack out today and then the news out sunday night, those are really the same story. the news is that before apps were a thing, before people had social apps like facebook on their phone, it made sense for from your social network so you could access facebook on your phone. so this i think is a different category of thing inthe data scandal revealed by cambridge analytica because there is n dit these phone companies have actually downloaded this user data. >> this seems like incompetence in that thith huawei is still inso eveouongre talked about huawei as potentially engaging in state spoken are soared espionage for all this time, it didn't ring any alarm bells in the facebook headquarters and there

india, and you look at the suspicion regarding chinese companies, in australia the recent blocking of huawei going to handle the data privacy issue, for example, beijing having access to all the data? could there be an amendment that eventually, google will be unblocked in china? that seems like it would bea in china? that seems like it would be a logical conclusion. why would google do that? something we don't know about? again, if you look at the relationship between the us and china issues of security, certainly technology rivalry, is going to result in more blockages, more compensation. this is a potential minefield. especially now with this vote that trump has in the senate by making a compromise zd. this could pose a bigger problem in terms of deals going forward. absolutely. i think this is the beginning of more to come in this area. certainly anything to do with chinese technology, big brother harbouring in the background, that is going to pose a huge challenge. german authorities have arrested audi chief rupert stadtler. volkswagen had fitted cars with devices designed to cheat emis

there have been reports australia wants to block huawei from a major wireless 5g network because of securityian mps that it had the excluded from supplying equipment to the project. norman foster, one of the project. norman foster, one of the most famous architects. a new name has been added to that list, only in his 40s, creating some of the world's most famous links to pick we went to meet him at the latest he has designed in singapore. be if the tallest skyscraper in china, to the cctv tower in ageing, he has a reputation for building epic architecture. i met him at his most epic architecture. i met him at his m ost rece nt epic architecture. i met him at his most recent development, the towers in singapore, to find what inspires his designs. i really believe asia isa his designs. i really believe asia is a context which looks ahead very strongly. in a way what unites these projects is really an attempt to redefine the way that things were done previously, to break with the status quo, and asked the question how could we develop models for the future? his talents do notjust limiting to bu

huawei claims it did not collect or store facebook user data. shares are up about 9% so far this year. cheryl: e.u. preparing to fine google as much as $11 billion over the operating system. the e.u. accusing the company of legally forcing phone makers to use products like roman google search which would harm competition and get consumer. intricacies than 80% smartphones worldwide. the parent alphabetize denied any wrongdoing. tracee: meanwhile, off of the shareholders at the annual meeting have rejected several proposals including one by employees that ties executive pay to diversity goals. one of the workers and the problem could help off of that competitive edge. listen. >> diversity and inclusion by individual contributors and managers alike including outreach and community building for the disorganized array of responses including formal reprimand. >> the diversity proposal is needed to fix a chilling effect that has impaired company culture. >> let's talk about twitter. during the other technologies and selling debt in the form of bonds. t

any kind of tariffs on these products could make them more expensive and hurt the margins and huawei, they create smartphones but also the largest telecoms equipmentmaker in the world. they get components from qualcomm and intel, so any tariffs could have impacts on huawei if you look at what's happening, it seems like the chinese tech companies are worse off than the u.s. companies back to you. >> thanks for that we're joined by luca paolini i have to ask you, trump announced 50 billion of products that will face tariffs from china. he talked about two other sets of 2$200 billion add that up, 450 billion chinese exports to the u.s. a year is not much more than that, 500 billion. are there any sectors, any equities you're looking at in the u.s. that would be safe from this action? >> i don't think so. the numbers are huge i think if everything that trump has announced would be implemented, we're talking about potentially an average tariff between 10% and 15%. it's a huge number all sectors would be affected. some industries less than others, but all would be affected markets would suf

huawei is banned by some u.s. government agencies. u.s.red flags because of security concerns and the company's handling of private data. facebook told the "new york times" it would end its partnership with them by the end of the . >>> it's been more than a month since the major eruption began in kilauea volcano on hawaii's big island. lava is covering about an eight-square-mile area roughly two-tenths of a percent of the island. the lava has destroyed hundreds of homes and there's no sign of when it will ease up. >> kissed my house good-bye when i left, i really did. you feel the love in the walls. >> the u.s. geological survey says there have been more than 12,000 tremors since may 4th. historically, the island averages about 1,000 per month. meanwhile, in guatemala, more people have been forced to evacuate from the deadly volcano of fire. traffic slowed to a crawl on the roads and those without vehicles were forced to walk. volcanic ash covers much of the region there. at least 75 people are dead and 192 missing. the search for potentia

it's a small company compared to huawei. huawei is a bigger problem. that's the big telecom. thing we should do is say you cannot transfer any technology with them. that would be the first step because a lot of the stuff now is willingly given over to them.. under coercion obviously but it's happening in the open. >> tucker: it seems like a wise first step. senator, godspeed. we are rooting for you in that. thank you very much. >> thank you for paying attention to this. thank you. suicide rates for young people are rising fast. no one is sure why. most people aren't paying attention at all. could it be the rise of smart phones is a major factor? we will go inside that question as the special tonight continues. ♪motorcycle revving ♪ motorcycle revving ♪motorcycle revving ♪ motorcycle revving ♪ no matter who rides point, ♪ there are over 10,000 allstate agents riding sweep. ♪♪ and just like tyrone taylor, they know what it takes to help keep you protected. are you in good hands? >> tucker: welcome back to our special broadcast inside the issues for the hour. the campaign to leg

after getting testimony from national security experts concluded on a bipartisan basis that zte and huaweitelecommunications company posed a threat, a risk to u.s. national security and that hasn't changed. as recently as february, you had the director of the fbi, the head of the cia, all the other intelligence folks say, it's a bad idea to allow zte or huawei to be doing business in the united states. the federal trade commission has recommended that u.s. telecom companies not do any business with zte. so this is a national security issue which is why another part of the amendment that senator cotton and i proposed would prohibit u.s. government agencies from purchasing phones or equipment from zte. >> let me ask you about north korea. in the wake of the summit that president trump had with kim jong-un in singapore, do you believe that america is safer today from the north korean threat than it was on monday? >> i do not believe that the threat has changed and here's why. because north korea still has the same nuclear arsenal both in terms of nuclear weapons and missiles that it had 48 ho

facebook gave four chinese device-makers access to data including huawei.hat the huawei phones could be used for spying. they deny it. facebook admits to sharing data with apple, samsung, blackberry. it began forging partnerships in 2007 before app stores existed, allowing companies to build versions of facebook compatible with their devices. now it's winding down the agreements including the agreement with hwuawei. it is still recovering from the other crisis when facebook exposed the data of 80 million users to a third party without their consent. >> expect fromarc rubi>>> were the philadelphia es pulling a fast o on the white house? they canceled the celebration, and president trump held his own. ahh... summer is coming. and it's time to get outside. pack in even more adventure with audible. with the largest selection of audiobooks. audible lets you follow plot twists off the beaten track. or discover magic when you hit the open road. with the free audible app, your stories go wherever you do. and for just $14.95 a month you get a credit, good for any au

they are angry he knew about the huawei situation but never testified before congress. he said users had complete control over who seized their data. he said that under oath, he said it to congress. so often it is not the original situation, it's what you say about it or what you cover up or what you do. >> what comes out. >> you hold up your hand like this that ends up being the problem, and this a serious problem. >> it will be interesting if he comes back again. thank you, scott. >>> another peninsula city considering a head count tax. we first told you about this tuesday. mountain view, cupertino, think apple, based on the number of people who work at a tech company. now leaders in sunnyvale might do the same thing. apple has offices in sunnyvale. essentially it charges beg companies more if employees work in the city limits. they argue they should pay for in taxes to fund infrastructure improvement. opponents say the tax would discourage job growth. >>> developing in guatemala, kids hurt in that volcano eruption arrived in america for treatment overnight. the death

facebook says information from its integrations with huawei was not stored on huawei's servers.ours a day, on air and at tic-toc on twitter, powered by more than 2700 journalists in over 120 countries. i am paul allen. this is bloomberg. ♪ yvonne: the trump administration u.s.ed its assets to suppliers and officials are said to be putting finishing touches to a deal that could soft and sanctions and allow it to resume work . we now have judicial neither joining us from taipei. jody, what kind of deal army looking at here\ according to people familiar, and it is not yet a deal, they are looking at putting this together. >> there is nothing signed, and they could still fall apart. we have seen a lot of back and forth with zte in the recent weeks.and this deal if it came to fruition, would allow zte to resume purchases from american suppliers. in april, you may recall that the trump administration blocked zte from doing any business with the u.s.. so this would be a big reversal. and it is controversial. this tweethave coming through from senate minority leader chuck schumer on twi

it's a small company compared to huawei. huawei is a bigger problem. that's the big telecom.annot transfer any technology with them. that would be the first step because a lot of the stuff now is willingly given over to them. under coercion obviously but it's happening in the open. >> tucker: it seems like a wise first step. senator, godspeed. we are rooting for you in that. thank you very must have. >> thank you for paying attention to this. thank you. snowshoed rates for young people are rising fast. no one is sure why. most people aren't paying attention at all. could it be the rise of smart phones is a major factor? we will go inside that question as the special tonight continues. you made a promise you agreed to never give up to be a decent neighbor to remember the good people who rise with every challenge to remember their strength when you feel tired to serve with grit and grace you made a promise we did too the all-new ram 1500 paywell, esurance makes itnce you dsimple and affordable. in fact, drivers who switched from geico to esurance saved an average of $412. that'

it's a small company compared to huawei. huawei is a bigger problem. that's the big telecom.ld do is say you cannot transfer any technology with them. that would be the first step because a lot of the stuff now is willingly given over to them. under coercion obviously but it's happening in the open. >> tucker: it seems like a wise first step. senator, godspeed. we are rooting for you in that. thank you very must have. >> thank you for paying attention to this. thank you. snowshoed rates for young people are rising fast. no one is sure why. most people aren't paying attention at all. could it be the rise of smart phones is a major factor? we will go inside that question as the special tonight continues. you're turning onto the street when you barely clip a passing car. minor accident-no big deal, right? wrong. your insurance company is gonna raise your rate after the other car got a scratch so small you coulda fixed it with a pen. maybe you should take that pen and use it to sign up with a different insurance company. for drivers with accident forgiveness, liberty mutual won't

facebook isn't the only company under scrutiny over a deal with huawei. journal" reports members of congress want to know more about an agreement that they have with google. that deal allows their devices which run on the android operating service to use the android messaging service to send texts and other media. they want to know if that deal has any information sharing. joining me now, an early and current investor in facebook skpk an early investor in google. you seem to be precious end. you seem to foresee where these problems are going to be. i am not going to get ahead of ourselves here because there is more to come possibly. but you suspected this would be the case. put this into terms that my view remembers going to understand. >> in simple terms, facebook saw an opportunity to get on to cell phones when smart phones first began. they didn't have a product that would work on every device. so they did a work around. they basically said, we want you guys to access our data and create an experience that is a facebook-like experience. >> right. >> an

huawei says it never actually collected or stored facebook user data. in guatemala, 75 people are now confirmed dead, with nearly 200 missing, after sunday'solcano eruption, and search teams are growing desperate. william brangham reports. >> reporter: it is an a spocalyptne-- a gray blanket of toxic ash and mud, lt guatemala's most violent volcanic eruption in 40 years. it's called volcan de fuego-- the "volcano of fire"-- and it fokirst shis region of southwest guatemala in the mheiddle ofight sunday. fast-moving mud and lava flows tore through entire villages, catching residents off-guard. in the town of san miguel los lotes, rescuers have be digging through buried homes, searching for aone who might've survived. ronorocael joined in, hoping find his teenage daughter. >> ( translated ): we came to help with the search for people, because one is mdaughter, who hasn't turned up. so, we came to see if we could rescue her, or at least find her body so we can have her. >> reporter: elsewhere, the dead were found, entombed in ash and debris. officials beli

huawei said it never collected or stored facebook user data.rs. this opens a lot of questions. a lot of questions about just where users' data was going and being used by other companies. specifically these chinese companies. >> and how much they knew about where that data was going. >> that's right. >>> the popular app headspace is making a newest to get your meditating. the co-founder and science officer are in studio 57. there they purpose they're not meditating, but they'll tell us about it. how the company hopes to get fda approval to prescribe meditation to patients so your health insurance might pay for it. that's just a ♪ >>> i'm going to be leading you through a series of meditation exercises. these methods come from the ancient gurus of india and have helped me overcome my own fears. >> and yet you can't speak to women. >> well, that's "the big bang theory" on the merits of meditation. headspace aims to bring mindfulness to the masses. the app provides guided meditations to its nearly 30 million users. first on cbs this morning, they'

on the upid though, at least now we aw know how to pronounce huawei, yeah t balances out. may vawl of our personal information but we are only a few more data brea away from now facebook say thases they want to change. but i don't know how easy it will be for the company. considering that the core of its business is to turn your information into profits. which they are really good at doing. last year alone facebook brought in 40 billion dollars in which is 98% of their revenue. and it makes sense. i mean like what, you think they were making money from your pokes? no, kes lose you money, just ask billilly.time you see an ad. so the more time you spend on facebook, the more money they make. which is why they found a really effective way to keem you on the site. >> what people don't see about facebook is that polarization is built into the business model. polarization is profitable. >> facebook spends all t tlearning your emotional hot buttons and it exploits thosehot makes you hyally engaged, makes the adverti valuabling you angru afraid is really good for facebook's busine

> host: what he think of this new eruption in the debate, which is the facebook sharing data with huawei in china's device manufacturers and heads up on the hill. >> guest: yeah, the reality is we are existing in a situation where the impulse in silicon valley has been hey, can you build, or let's see if blank. the goal has been more to think about what can be built rather than what the consequences of that are. so you shouldn't be surprised when you see consequences in as much data as possible and then that data has been used in ways that either weren't imagined or want discussed and have taken on a life of their own. >> host: tom wheeler, are the chinese in europe chinese in europe you a thread within cybersecurity? >> guest: so, i think we need toave cybersecurity protection for everything. i don't care whether it's the chinese were iranians are north koreans or the russians or the little sisters of the floor. the fact is we need to have safe and secure fcc, the trump fcc has said that is not our job. and it seems to me that the agency responsible for america's networks needs to also