emily: hugo barra, thank you for joining us.t to have you. ♪ . . [ soft music ] e.t. phone home. when you find something you love, you can never get enough of it. change the way you experience tv with xfinity x1. shoah, ha ha.ew artist. show me top male artist. my whole belieber fan group. it's not a competition, but if it was i won. xfinity x1 lets you access the greatest library of billboard music awards moments, simply by using your voice. the billboard music awards, live sunday may 22nd, 8/5 pacific, only on abc. narrator: the contemporary art world is vibrant and booming. it is the 21st century phenomenon, a global industry in its own right. "brilliant ideas" looks at the artists at the heart of this. they have a unique power to inspire, astonish, provoke, and shock.

tomorrow when we sit down with hugo barra. nokia is making a comeback two years after it sold its handset to microsoft. nokia won't have a financial stake in the venture but will collect fees from brand licensing and intellectual property. could alibaba become the next major sponsor of fifa? if a deal closes, they would become the second chinese corporate giant. about $40 million a year, on a four-year world cup cycle, alibaba would join join adidas, coca-cola, and others in the of fifa partners. coming up, charter ceo tells us what is next now that the time warner deal is in the rearview mirror next. ♪

hugo barra gives me the ground tour.ekend, we will bring you our best interviews from the week, including my interview with john thompson. ♪ show me top new artist. ah, ha ha. show me top male artist. my whole belieber fan group. it's not a competition, but if it was i won. xfinity x1 lets you access the greatest library of billboard music awards moments, simply by using your voice. the billboard music awards, live sunday may 22nd, 8/5 pacific, only on abc. president hasw focused on economic issues in her inauguration speech, saying the island needs wage growth and should join regional trade agreements. she also called for pension reform and promised to boost opportunities for young people. the promise advocated looser ties with mainland china. sydneyres swinging in was bought in a deal worth $2.29. $2.2 billion dollars. the deal is expected to lead to greater integration of projects in papua new guinea. the obama administration is pressuring japan to avoid weakening the yen, which has surged 10% this year against the do

my colleague emily chang is sitting down with xiaomi global vice president hugo barra. emily: hey there, betty, thank you so much. we are likely at google headquarters, where hugo barra has unveiled a new set-top box for the u.s. market. you have already gotten your line of tvs. how does the box fit into the bigger vision? here so is right everybody sees it. it is a tv streaming device. we have been making tv devices for a while now in china could we make big tv sets, up to 70 inches now, but we also make these boxes. these are incredibly popular because they are a way to get content easily over the internet. awayorld has been moving from the near g-v so these are more important than a cable set-top box. buy thesewhy should i over the google or amazon set-top box, apple tv? hugo: we are using a chip is commonly used in mobile phones, for games, for example. we are introducing theater capabilities that a pretty unique also. -- video capabilities that are pretty unique also. format that the likes of netflix are introducing new content for. with android tv comes essentiall

former google executive hugo barra intends to change that.ed in brazil, he left a top job as the public face of android to take xiaomi global. joining me, xiaomi vice president of global operations, hugo barra. so gre

emily: one of the guys making smart phones in china is hugo barra who used to work at google. lked about your midnight meeting with hugo and the long hours that these entrepreneurs keep. we also had our own midnight meeting with hugo barra. you talk about work ethic, and it's intense. cyriac: it's intense. there is no work-life balance as we know it. there's something called 9-9-six in chinese startups. it means from 9:00 a.m. to 9:00 p.m. six days a week. for founders, top executives, it is more like 9-11-6.5. in other words, there is no private life. im not a defender or proponent of working like crazy. who is a good leader when you are always tired and don't even know your kids? what is inspiring and impressive is the amount of hunger and dedication and drive that is behind that. that is great. emily: you do have one quick criticism, the get rich quick mentality. cyriac: the most recent batch of entrepreneurs is driven by financial returns quickly, and that will not work when the next wave comes, which is innovation-based startups of verses cloning. you need to focus on othe

the vice president of global operations, hugo barra, will be joining us to tell us how he expects the apple tv. and insider trading takes down the former chairman of dean foods. champion golfer phil mickelson agrees to repay the money he made on trading tips from las vegas gambler. we are about an hour away from the close of trade and i want to head to the markets desk, where ramy inocencio has the latest making sense of the markets.

nicole: coming up on "bloomberg west," hugo barra.e done a good job if i did not end by saying -- until tomorrow, sayonara. ♪ ♪ friday the 20th of may. i am rishaad salamat. this is "trending business". ♪ we will be live in taipei, sydney this hour. the g7 discusses the global economy. we will head over to the talks in japan. a $2.2 billion

emily: my interview there with hugo barra.oogle has been clear about their ambitions in virtual reality, they unveiled the affordable head mount pairs with the smartphone, and now an ecosystem called daydream. our editor at large, cory johnson caught up with google and ask them to tell us more. >> it consists of phones with very high specifications to make sure they can render things smoothly and really good sensors . the reference design for a headset and a controller say you can slip your phone into something and have a comfortable experience and interact richly , like youtubeapps vr. >> the processing power has to be massive? >> today's mobile phones have enough computing power in them to drive this is areas that can really make you think, i am somewhere else, it is that emerson and high quality. >> i am trying to figure out how powerful chips and phones are compared to supercomputers, i what youut a 1987 is are figure -- what you are carrying around in your phone right now. >> compound growth is very special. >> that is th

emily: my interview there with hugo barra.oogle has been clear about its ambitions in virtual reality. first, they unveiled the affordable head amount that peers with the smartphone. now the next generation," -- now the next generation, and away ecosystem called daydream. our editor at large, cory johnson caught up with google and ask them to tell us more. >> daydream as a platform to enable high-quality virtual reality. it consists of phones with very high specifications to make sure they can render things smoothly and really good sensors. and a reference design for a headset and controller so you can slip in -- slip your phone into something and have a comfortable experience and, interact richly in vr and the apps, like youtube vr. >> the components, the processing power has to be massive? >> what is exciting in today's mobile phones actually have enough computing power in them to drive this experience that can make you think, wow, i am somewhere else. it is that high-quality. >> how powerful chips are in phones compared to

we will have more from the google developers conference tomorrow when we sit down with hugo barra. is making a comeback two years after it sold its handset to microsoft. nokia won't have a financial stake in the venture but will collect fees from brand licensing and intellectual property. could alibaba become the next major sponsor of fifa? if a deal closes, they would become the second chinese corporate giant. about $40 million a year, on a four-year world cup cycle, alibaba would join join adidas, coca-cola, and others in the of fifa partners. coming up, charter ceo tells us what is next now that the time warner deal is in the rearview mirror next. ♪ iaae-m" ♪ a negative day for most asian stocks. commodities on the slide again, and lower the u.s. growth forecast. the rating agencies 2% expansion this year with china slowdown is a key factor. , $.10 isr surged falling after asia's biggest messaging company said uncertainty about chinese economy could cause near-term challenges for its booming advertising business. that is despite first-quarter earnings driven by mobile gains. $.1

meanwhile, keep an eye on hugo barra. it is promoting its ceo. this cannot after the bell.hen i become the chief executive. we have seen the likes of the previous chief executive having to step down on the back of that. they left earlier this year on the back of the plunge in shares. an this new cfo bring boost to the shares in business? we could see a rise as much is 2%. finally, premier foods raises its sales outlook. without the u.s. company could be eyeing up premier foods. remember, it was the likes of mccormick, analyzing the maker of bisco. shares could rise up to 5% today, guy. guy: that open is coming up very shortly. we are four minutes away from the european market open. futures are pointing to a positive start and a lovely day. around 0.5%.is up ♪ guy: good morning and welcome. you are in bloomberg's european headquarters, alongside matt miller in berlin. we are moments away from the start of european trading, and matt has the morning brief. matt: good morning. we should all worry about china's debt. why blackrock thinks the world's second-biggest economy needs