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Dec 26, 2018
12/18
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i mean they are totally excusing it. emilyple at facebook have not taken this criticism well. andrew bosworth, who, the vice president at facebook said, i have worked at facebook for 12 years and asked who is roger mcnamee, and he goes on to accuse you of aggrandizing yourself. how do you respond to that? roger: i would ask, what are your incentives? what possible gain do i have for what i am doing? my primary net worth is in facebook stock. i am trying to mentor at a distance. i spent four months trying to speak to them without talking to anybody in the outside world. i spent five months after that researching everything i could to understand it. what i would say to andrew is, i know that facebook did not intend to have these outcomes, but this is really simple, and all these bad outcomes are happening and their users are being harmed. that is their responsibility. all i am saying to facebook is, guys, you have won. you don't need to have this kind of business model. there is a way to have a business model that is actually be
i mean they are totally excusing it. emilyple at facebook have not taken this criticism well. andrew bosworth, who, the vice president at facebook said, i have worked at facebook for 12 years and asked who is roger mcnamee, and he goes on to accuse you of aggrandizing yourself. how do you respond to that? roger: i would ask, what are your incentives? what possible gain do i have for what i am doing? my primary net worth is in facebook stock. i am trying to mentor at a distance. i spent four...
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Dec 26, 2018
12/18
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i felt the same way about taking the reins of ceo. emilycompany eventbrite is actually pretty solid when it comes to gender diversity. i am curious to hear from both of you how you did that. julia: we are actually still almost 50-50 despite -- we have acquired some companies that have different gender ratios. we have always been focused on trying to build a company that looks like our community, and our community of creators is global, right, so diversity has to be embedded in what we do. so me being a female ceo certainly provides a great embedded role model at eventbrite, but inclusion is entirely a choice. and you can have great diversity and really not great inclusion. kevin: i think just as a company needs a competitive advantage, whether a technology or a network, there is a recruiting advantage that needs to be built, and all the great companies have come up with specific recruiting advantages, whether it was microsoft recruiting from young students out of college in the 1980's. we saw this unfortunate bro culture here in this very c
i felt the same way about taking the reins of ceo. emilycompany eventbrite is actually pretty solid when it comes to gender diversity. i am curious to hear from both of you how you did that. julia: we are actually still almost 50-50 despite -- we have acquired some companies that have different gender ratios. we have always been focused on trying to build a company that looks like our community, and our community of creators is global, right, so diversity has to be embedded in what we do. so me...
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Dec 23, 2018
12/18
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i loved the valley, how fast we moved, but it was a cultural adjustment. emilyi want to talk about where that guy came from. you were raised in west virginia. tell me about your upbringing. john: i was raised by two doctors. they were in med school at the time. they both were amazing. my dad taught me about vision and strategy. he talked to me about how to do it in the which was unusual for a doctor. mom was internal medicine and psychiatry. she taught me the emotional side. they are two of my idols in life. emily: you talked about growing up dyslexic. how much of a struggle was that for you? john: it was a time when it was not understood. you read backwards. you invert letters. you can make the same wrong turn again and again and again. my hands are sweating now talking about it. tremendous weakness. i would never have disclosed it except 20 years ago, a young girl came up and tried to ask a question and she couldn't get it out. she had written it down. she started to cry. i came off the stage and said now, just ask the question. and she said she was dyslexic.
i loved the valley, how fast we moved, but it was a cultural adjustment. emilyi want to talk about where that guy came from. you were raised in west virginia. tell me about your upbringing. john: i was raised by two doctors. they were in med school at the time. they both were amazing. my dad taught me about vision and strategy. he talked to me about how to do it in the which was unusual for a doctor. mom was internal medicine and psychiatry. she taught me the emotional side. they are two of my...
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Dec 26, 2018
12/18
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they don't all look the same, which i think is fantastic. emilythink success is when a woman engineer or a woman ceo is normal. or a woman running for president, or being president is normal. will that happen in our lifetime? melinda: yes. absolutely it will. and i completely agree with you. when you have women at the top, and the reason it is so important, is they role model. other little girls can look up and go, i can be like her who is president. i can be like that movie producer. i can be like that director. i can be like that person who is creating amazing content. and so those role models are important, but you are starting -- you are really seeing it happen. the sparks are all there. and we need to help keep it going. emily: and a woman president, too? do you think that will happen? melinda: in my lifetime, definitely, i think that will happen. emily: melinda gates, thank you so much for joining us on bloomberg "studio 1.0." it has been great to have you. ♪ comcast business built the nation's largest gig-speed network. then went beyond. be
they don't all look the same, which i think is fantastic. emilythink success is when a woman engineer or a woman ceo is normal. or a woman running for president, or being president is normal. will that happen in our lifetime? melinda: yes. absolutely it will. and i completely agree with you. when you have women at the top, and the reason it is so important, is they role model. other little girls can look up and go, i can be like her who is president. i can be like that movie producer. i can be...
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Dec 30, 2018
12/18
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emily's response? >> her response was yes. >> what was the second one? >> isked her if she was worried that alex would harm her or kill her. >> what was emily's response? >> she nodded her head yes. >> less than a week later, emily was dead. prosecutors said there was only one conclusion. alex murdered his wife. >> the only explanation here after looking at all the evidence, all the circumstances, who would have done that, alex. x >> coming up. >> did you drink a lot tonight? >> no, i had three cocktails. >> the surprise evidence alex had up his sleeve. >> it doesn't matter. what did you do? >> emily under the influence? when dateline continues. influee when dateline continues. ♪ ♪ ♪ ♪ the beautiful thing about care, is knowing that it's always there... ...and that it always will be. ♪ get what you need whenever you need it. walgreens. trusted since 1901. hey! yeah!? i switched to geico and got more! more savings on car insurance!? they helped with homeowners, too! ok! plus motorcycle, boat and rv insurance! geico's got you covered! like a blanket! houston? y
emily's response? >> her response was yes. >> what was the second one? >> isked her if she was worried that alex would harm her or kill her. >> what was emily's response? >> she nodded her head yes. >> less than a week later, emily was dead. prosecutors said there was only one conclusion. alex murdered his wife. >> the only explanation here after looking at all the evidence, all the circumstances, who would have done that, alex. x >> coming up....
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Dec 26, 2018
12/18
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i don't see it in that light at all. emilyntrolling your home with your device is still a fairly niche behavior. when do you see that becoming more mainstream? tim: i think this year, honestly. we built it into ios 10, after that, you saw more accessories coming to the market that are home kit enabled. and it is super easy to set up. we just made it easier for accessory vendors to be compatible with home kit, because you now can use software encryption. you do not have to have hardware encryption to go. so, i think that also unleashes even more accessory guys to join. and i think people will going to want to automate different parts of their home. i wouldn't live without it at this point, right? it's one of those things at you go wow, how could i have ever done that in a different manner? emily: in the past you said, the ipad is the clearest expression of our vision of computing. mac sales are holding steady, ipad sales continue to fall. why is that? jim: we make both and i am happy with whatever people choose to buy. some peo
i don't see it in that light at all. emilyntrolling your home with your device is still a fairly niche behavior. when do you see that becoming more mainstream? tim: i think this year, honestly. we built it into ios 10, after that, you saw more accessories coming to the market that are home kit enabled. and it is super easy to set up. we just made it easier for accessory vendors to be compatible with home kit, because you now can use software encryption. you do not have to have hardware...
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Dec 23, 2018
12/18
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i loved the valley, how fast we moved, but it was a cultural adjustment. emilywant to talk about where that guy came from, the guy who was willing to sit in the telephone closet. you were raised in west virginia. tell me about your upbringing. john: i was raised by two doctors. they were in med school at the time that i came along. i might've been a surprise because that's not necessarily the logical time to have a child. they both were amazing. my dad taught me about vision and strategy. he could see five and 10 years out. he talked to me about how to do it in the which was unusual for a doctor. usually they're not good business leaders. mom was internal medicine and psychiatry. she taught me the emotional side. they are two of my idols in life. emily: you've been very open about growing up dyslexic. how much trouble was that for you? john: well, it was a big struggle. this was at a time dyslexia was not understood. you read backwards. you invert letters. you can make the same wrong turn driving again and again and again. to answer your question how it makes yo
i loved the valley, how fast we moved, but it was a cultural adjustment. emilywant to talk about where that guy came from, the guy who was willing to sit in the telephone closet. you were raised in west virginia. tell me about your upbringing. john: i was raised by two doctors. they were in med school at the time that i came along. i might've been a surprise because that's not necessarily the logical time to have a child. they both were amazing. my dad taught me about vision and strategy. he...
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Dec 25, 2018
12/18
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i loved the valley, how fast we moved, but it was a cultural adjustment. emilyi want to talk about where that guy came from. the guy who was willing to sit in the telephone closet. you were raised in west virginia. tell me about your upbringing. john: i was raised by two doctors. they were in med school at the time that i came along. i might have been a surprise because that's not necessarily the logical time to have a child. they both were amazing. my dad taught me about vision and strategy. he could see five and 10 years out. to answer your question how it makes you feel, my hands are sweaty now talking about it. tremendous weakness. i would never have disclosed it except on a take your father to workday 20 years ago, a young girl came up and tried to ask a question in front of 500 of her peers and she couldn't get it out. she had written it down. she started to cry and leave. i came off the stage and said something and she said she was dyslexic. i said i was too. we sat down on the floor and i walked her through, how to get the question how the like you're ta
i loved the valley, how fast we moved, but it was a cultural adjustment. emilyi want to talk about where that guy came from. the guy who was willing to sit in the telephone closet. you were raised in west virginia. tell me about your upbringing. john: i was raised by two doctors. they were in med school at the time that i came along. i might have been a surprise because that's not necessarily the logical time to have a child. they both were amazing. my dad taught me about vision and strategy....
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Dec 13, 2018
12/18
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i had a bad night. >> juan: emily, let's get back to the topic. n king says. >> jesse: i had some other stuff. >> juan: go ahead. >> emily: you can surrender your time. i will take over. >> juan: wait a minute. >> jesse: can we talk about the wall tomorrow? >> juan: i called you my little comedian. >> jesse: i am putting words in your mouth. >> emily: i have a lot to say about this. i think what is the most concerning is the fact that this conversation about funding for the wall is nebulous. it's not all going towards the physical construction. there's agents. this technology. there's a whole host of things. i feel like it's lazy and misleading for democrats to harp on whether or not it's a green or red light when citizens deserve to understand how it's allocated. for border security and protection, absolutely. what's the difference between 1.8 billion which schumer has approved and 5 billion when we are throwing 380 million at the states for border security. take it back. let them deal with it on your own. sorry, california. figure it out. or fore
i had a bad night. >> juan: emily, let's get back to the topic. n king says. >> jesse: i had some other stuff. >> juan: go ahead. >> emily: you can surrender your time. i will take over. >> juan: wait a minute. >> jesse: can we talk about the wall tomorrow? >> juan: i called you my little comedian. >> jesse: i am putting words in your mouth. >> emily: i have a lot to say about this. i think what is the most concerning is the fact that this...
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Dec 15, 2018
12/18
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emily: i am emily chang and this is "the best of bloomberg technology." the google ceo testifies before the house judiciary committee, facing tough questions. we will talk to two lawmakers who took part. apple suppliers may consider moving iphone production away from china if tariffs drive. what does it mean for the supply chain and will other companies follow? glossier is disrupting the half billion-dollar beauty market. first, our top story, the google ceo face more than three hours of questions on capitol hill. lawmakers pressed him on how google protected user privacy and whether the platform is biased against conservative views. it was a tutorial for just how google works. >> if you google the word "idiot," under images, a picture of donald trump comes up. i just did that. how would that happen? how does search work? >> we have gone out and crawled and copied billions of pages and we take the keyword and match it against the pages and rank them based on our signals. >> it is not some little man behind the curtain figuring out what we are going to sho
emily: i am emily chang and this is "the best of bloomberg technology." the google ceo testifies before the house judiciary committee, facing tough questions. we will talk to two lawmakers who took part. apple suppliers may consider moving iphone production away from china if tariffs drive. what does it mean for the supply chain and will other companies follow? glossier is disrupting the half billion-dollar beauty market. first, our top story, the google ceo face more than three hours...
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Dec 26, 2018
12/18
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i similarly got into it when i was a teenager. emilydn't you hack each other's websites or something like that? >> did that happen, patrick? >> i think that did happen. i think it's an important duty as a 16-year-old older brother to, you know, help the slightly younger brother to the potential security downsides to some of the work. i took that obligation and duty very seriously. emily: you made it to m.i.t. you made it to harvard. and in 2009, you both dropped out. how did you make that decision? safety in numbers, i suppose. >> exactly. patrick has the honor of having dropped out of college twice. but in 2009, we had just started college, and we had been building all sorts of side projects and internet businesses and things like this. and i don't think anyone ever -- certainly in our case, you don't set out to start a huge thing. you don't set out to build a large company. you set out to solve a problem, right? there was this disconnect between the fact that all of these new internet services and businesses were getting started, smar
i similarly got into it when i was a teenager. emilydn't you hack each other's websites or something like that? >> did that happen, patrick? >> i think that did happen. i think it's an important duty as a 16-year-old older brother to, you know, help the slightly younger brother to the potential security downsides to some of the work. i took that obligation and duty very seriously. emily: you made it to m.i.t. you made it to harvard. and in 2009, you both dropped out. how did you...
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Dec 22, 2018
12/18
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♪ emily: i am emily chang. this is "bloomberg technology." drones flying over a u.k.irport creating chaos during peak holiday travel. authorities are launching a criminal probe. a big investment by big tobacco pushes it valuation of e-cigarettes to $38 billion, more than spacex or target. is it worth it? and 2018, the year apple lost its mojo? we will see if they can reclaim their hype around signature products in the new year. our top story, the index gained 35% halfway into 2018 but now looking like they will finish lower than they started. the index made up of popular tech giants including facebook, apple, amazon broke through a key support level. baidu has been the biggest laggard, falling 30% this year. joining us to discuss, mike regan. walk us through the losses and whether there is expectation this volatility in tech in particular will continue. michael: tech gets most of the blame for the stock market selloff by merit of being the heaviest weight in the index. i don't think you need to look at the entire market and blame it entirely on tech. if you look at th
♪ emily: i am emily chang. this is "bloomberg technology." drones flying over a u.k.irport creating chaos during peak holiday travel. authorities are launching a criminal probe. a big investment by big tobacco pushes it valuation of e-cigarettes to $38 billion, more than spacex or target. is it worth it? and 2018, the year apple lost its mojo? we will see if they can reclaim their hype around signature products in the new year. our top story, the index gained 35% halfway into 2018...
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Dec 26, 2018
12/18
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i wasn't a president with an asterisk or some special status. emily: i would love for all the little girls who are watching to learn how you got there. you were born in new york city, you were raised in virginia, you had three brothers. what was that like? drew: i grew up on a farm and always a tomboy. i was always a tomboy. i enjoyed raising -- i worked in the barn raising animals and i played war with my brothers, but i was always aware that there were privileges they had that i didn't and that things were expected of me, in terms of wearing little lacy dresses at appropriate times and exhibiting a demeanor that did not always seem to me consistent with being as noisy and boisterous as my brothers were allowed to be. so i think i had a very astute sense from early on that girls were given certain roles in. society in virginia in the 1950's and that i was not entirely comfortable being relegated to such a role. emily: what did you believe about what women could and couldn't achieve? drew: i did not have many models of women who were even in the workf
i wasn't a president with an asterisk or some special status. emily: i would love for all the little girls who are watching to learn how you got there. you were born in new york city, you were raised in virginia, you had three brothers. what was that like? drew: i grew up on a farm and always a tomboy. i was always a tomboy. i enjoyed raising -- i worked in the barn raising animals and i played war with my brothers, but i was always aware that there were privileges they had that i didn't and...
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Dec 26, 2018
12/18
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i to try to separate my activities as an individual person from those of the company. emilyow you're nervous about being held up as a model for diversity, but the truth is, your numbers are far above the industry average when it comes to diversity. and you, personally, decided very early on in the slack's life-cycle to make it a priority. what was the spark that sort of brought you that realization? stewart: first of all, it wasn't just me. it was a company-level decision. and it was when we were around 30 people and we were looking around and it was looking like any other tech company. it just caused a lot of conversation about what we can do to make a difference. the real impact was more likely to come in building an inclusive culture, one where all different types of people can thrive, where critically, people are less likely to fall out of the industry. because the longer someone from an underrepresented group or a woman in technology stays in, the more success she has in her career, the greater the odds that she's going to bring people from her network. that she will be
i to try to separate my activities as an individual person from those of the company. emilyow you're nervous about being held up as a model for diversity, but the truth is, your numbers are far above the industry average when it comes to diversity. and you, personally, decided very early on in the slack's life-cycle to make it a priority. what was the spark that sort of brought you that realization? stewart: first of all, it wasn't just me. it was a company-level decision. and it was when we...
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Dec 11, 2018
12/18
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i think the market will see that, too. emilyyou are on the phone with sources all day long, so what do you know about communication between the companies, are they taking cues from each other? eric: i do not think they want messages to go back and forth necessarily. they have some shared investors who are paranoid about making sure that information does not go back and forth. they have public investors who are going to eye both of them, fidelity is a major investor. so i think it will be interesting to see. it is hard to see from where i sit how information gets back and forth, but clearly people are trying to get information from both sides. emily: ok, eric newcomer. continuing to cover uber and lyft for us. lane, formerly of uber, thank you. coming up, the e.u. is coming down hard on big tech with the latest controversy concerning huawei. could the smartphone maker be its next target? we will discuss with the e.u. ambassador to the united states. this is bloomberg. ♪ this is bloomberg. ♪ emily: the european union continues to
i think the market will see that, too. emilyyou are on the phone with sources all day long, so what do you know about communication between the companies, are they taking cues from each other? eric: i do not think they want messages to go back and forth necessarily. they have some shared investors who are paranoid about making sure that information does not go back and forth. they have public investors who are going to eye both of them, fidelity is a major investor. so i think it will be...
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Dec 26, 2018
12/18
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emily: is lyft a public company some day? john: i believe so. our advice for the founders of tomorrow? john: i think every company is a tech company. what technology does is it allows you to have a big impact, and with that comes a big responsibility. and what i am so proud of and so happy about is that we are able to build and scale what can be one of the biggest businesses ever built with a positive impact on society. we are out to prove that, that you can take care of people, make our cities better places to live in, and you can build a big business, and i think future entrepreneurs will continue to do that. ♪ emily: all right, john zimmer co-founder of lyft and president, thank you for joining us today. ♪ i'm all about my bed. this mattress is dangerously comfortable. i love my leesa. people everywhere love their leesa mattresses. and now, for an even more luxurious sleep experience, meet the sapira mattress by leesa. sapira is a hybrid mattress combining performance foam technology with individually wrapped pocket springs. enjoy extreme comf
emily: is lyft a public company some day? john: i believe so. our advice for the founders of tomorrow? john: i think every company is a tech company. what technology does is it allows you to have a big impact, and with that comes a big responsibility. and what i am so proud of and so happy about is that we are able to build and scale what can be one of the biggest businesses ever built with a positive impact on society. we are out to prove that, that you can take care of people, make our cities...
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Dec 17, 2018
12/18
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i tend to agree with emily on this. mocrats in the house and senate would make a mistake to pursue impeachment because i think the american public -- howie: are they making the case or insinuating or suggesting either indictment or impeachment is the remedy. capri: i think they are trying to convict the president on a pattern of conduct. howie: kellyanne conway, and minutes later her husband tweeted that trump repeatedly lied about these payments, he lies about everything and it got a lot of attention. susan: something people did not pay attention to is the exchange between nancy pelosi and the press. she said maybe you would have more readers and your ratings would improve if you asked about something other than donald trump's legal problems. that's all you talk about. let's talk about things americans care about. howie: in a way she agrees there is not enough focus on substance. so finally i mention the president has been tweeting this morning. let's put it up on the screen. a real scandal is the one-sided coverage, ho
i tend to agree with emily on this. mocrats in the house and senate would make a mistake to pursue impeachment because i think the american public -- howie: are they making the case or insinuating or suggesting either indictment or impeachment is the remedy. capri: i think they are trying to convict the president on a pattern of conduct. howie: kellyanne conway, and minutes later her husband tweeted that trump repeatedly lied about these payments, he lies about everything and it got a lot of...
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Dec 1, 2018
12/18
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♪ emily: i am emily chang in san francisco. this is "bloomberg technology."oming up in the next hour, checking out of marriott. shares plunged as the hotel chain closes one of the biggest security breaches in corporate history. personal data from hundreds of millions of guests left address. president trump and xi are set to meet for dinner at the g20. will they find a new deal? sandberg versus soros. why facebook's defense keeps changing. the details of more than half a billion hotel guests may have been stolen in a year-long hack that could be the biggest breach of its kind in corporate history. marriott, the largest hotel chain in the world, had passport numbers, and more left vulnerable. the hack started just before the company bought starwood in 2016 and can impact all of the original starwood brands. marriott has reported the incident to law enforcement and the investigation begins. joining us to discuss is the cofounder and coo of shake security. in new york, we have patrick clark who has been following this story. what is the latest we know? >> since 2
♪ emily: i am emily chang in san francisco. this is "bloomberg technology."oming up in the next hour, checking out of marriott. shares plunged as the hotel chain closes one of the biggest security breaches in corporate history. personal data from hundreds of millions of guests left address. president trump and xi are set to meet for dinner at the g20. will they find a new deal? sandberg versus soros. why facebook's defense keeps changing. the details of more than half a billion...
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Dec 12, 2018
12/18
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i think that's why he evaded the answer of which team is working on this. emilyu mentioned the word evaded. i want to take a listen to exactly what he listened to. take a listen to this exchange. >> are there any current discussions with any member of the chinese government on launching this app? >> we're currently not in discussions around launching a search engine in china. we take steps towards launching a product in china. emily: he did not get a yes or no in response to a yes of our question. what did you make of his tactic on this question? david: i think he is in a tough spot because there are probably good reasons why google would be investigating how it would possibly get into china. even if it believes the chances it ever would try to do so a relatively small. this is the world's largest internet market. more and more countries are moving in the direction of governing their internet restrictively in the way china does. i can see learning that might come out of this process that would be beneficial to google as it seeks to serve everybody on the planet.
i think that's why he evaded the answer of which team is working on this. emilyu mentioned the word evaded. i want to take a listen to exactly what he listened to. take a listen to this exchange. >> are there any current discussions with any member of the chinese government on launching this app? >> we're currently not in discussions around launching a search engine in china. we take steps towards launching a product in china. emily: he did not get a yes or no in response to a yes...
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Dec 26, 2018
12/18
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emily: will qualcomm still be an independent company? steve: i think it's too far in the future. ar is that anyway way we can drive value, we will look at it, but we have a great position to be in. emily: when do you think business will return to normal? steve: i don't think it ever returns to normal. i look back at the last 24 years and we've never had a really stable spot. there were always at times when people said qualcomm was going to disappear tomorrow. people told us you'll never be good at this technology or that technology. i had the fortunate opportunity to work on a lot of projects. we were able to do the things people said. so, i don't know if we are ever going to be in a super stable position, but we'll certainly be in a more stable position from the last several years. emily: what's something you know now today as a ceo in 2018 that you didn't know when you took the job four years ago. steve: you have to figure out what you want to do. make sure you spend the time on it because if you don't spend the time on it, it's not going to get done. that's a very basic thing,
emily: will qualcomm still be an independent company? steve: i think it's too far in the future. ar is that anyway way we can drive value, we will look at it, but we have a great position to be in. emily: when do you think business will return to normal? steve: i don't think it ever returns to normal. i look back at the last 24 years and we've never had a really stable spot. there were always at times when people said qualcomm was going to disappear tomorrow. people told us you'll never be good...
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Dec 9, 2018
12/18
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emily: what about whatsapp? om: i don't know about that one. n the facebook cofounder left and appointed this guy chris daniels to run whatsapp, he has been to india a couple of times, and you understand better than most people what is happening with technology in india, do you think that is a huge opportunity for facebook that they can exploit? om: i think whatsapp owns the indian market. everyone uses whatsapp to make phone calls, send text messages. people live inside of whatsapp. but, i don't know how they turn that into money. it is still a big 'if.' i don't think it is very clear as to how that whole communication channel gets monetized. is it through e-commerce, is it through advertising? is it through paid services, or is it like chat services? definitely they have a big opportunity there. emily: do you think -- as you mentioned earlier, this is still where advertiser dollars are going -- but do you think we will ultimately see a decline of facebook over the next 10 years? or do you think it is status quo? om: it took 25 years for yahoo!
emily: what about whatsapp? om: i don't know about that one. n the facebook cofounder left and appointed this guy chris daniels to run whatsapp, he has been to india a couple of times, and you understand better than most people what is happening with technology in india, do you think that is a huge opportunity for facebook that they can exploit? om: i think whatsapp owns the indian market. everyone uses whatsapp to make phone calls, send text messages. people live inside of whatsapp. but, i...
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Dec 11, 2018
12/18
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though iomething, even an't claim i know what they should be. emilyhere was one issue hat, quite frankly, i was a little disappointed didn't get more air time in this hearing youtube.was did sentative nabler mention it at the beginning of the hearing, he asked what extremists doing with content. youtube id the way takes videos down, video by video. he odged a bullet in that didn't get more questions about youtube? >> that's a good point. i think he did. dodge that bullet. that's where facebook has taken lot of heat in their product offering and how it affects us ith disinformation and other violent content that can spread through it. youtube is very much a part of that discussion. did avoid a lot of those tougher questions. to last year, it was bloomberg that reported that the number two news channel on youtube which is version to the clean and better quality content and those types of questions are difficult questions for them to answer that intersect with human ecisions in terms of what they're offering us as the public. emily: any user with a quick
though iomething, even an't claim i know what they should be. emilyhere was one issue hat, quite frankly, i was a little disappointed didn't get more air time in this hearing youtube.was did sentative nabler mention it at the beginning of the hearing, he asked what extremists doing with content. youtube id the way takes videos down, video by video. he odged a bullet in that didn't get more questions about youtube? >> that's a good point. i think he did. dodge that bullet. that's where...
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Dec 27, 2018
12/18
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i think that we will see more value accruing to chinese companies. emilyhan there is in the united states? yuri: well, that remains to be seen. but i think the amazing success that u.s. companies have enjoyed in the last 15 to 20 years was really based on the fact that those are global companies. emily: what about technology, what is beyond smartphones and social networks and ai? or is it ai? yuri: well it is ai. ,yes, i would agree with you. and the ai, really cutting across pretty much horizontally across all technologies. and you know, each significant company will become an ai company. was dst global founder yuri milner. meanwhile san francisco passed , the so-called homeless tax. voters decided to boost funding for homeless services from companies with gross receipts more than $50 million. salesforce co-ceo mark donated billions in support of the law. emily chang sat down with benioff just days before the vote. mark: we have a serious homeless crisis in san francisco and it is getting much worse. we have 70,000 homeless individuals on the streets, we
i think that we will see more value accruing to chinese companies. emilyhan there is in the united states? yuri: well, that remains to be seen. but i think the amazing success that u.s. companies have enjoyed in the last 15 to 20 years was really based on the fact that those are global companies. emily: what about technology, what is beyond smartphones and social networks and ai? or is it ai? yuri: well it is ai. ,yes, i would agree with you. and the ai, really cutting across pretty much...
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Dec 1, 2018
12/18
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♪ emily: hello, i am emily chang and this is "best of bloomberg technology."pple up, ample does loses its grip. over apple.ok plus, facebook battles accusations of racism. about a memosively about being black at the social network. and it was the biggest shopping weekend of the year. we will unpack what this extravaganza abroad and for amazon. apple's stronghold on the world most valuable publicly traded company is no more. tooksoft's market capital the first spot for the first time in eight years. point $1 trillion. the share price has been shaved in the broader tech selloff. bloomberg's text best bloomberg text mark gurman joins us. mark: it is pretty unbelievable. or two ago someone said that microsoft would pass apple into years no one would believe that especially in the current technology climate where a lot of people think that apple has an endless runway of growth. if you look at the past two months, there have been so many concerns and so many issues with apple in terms of iphone sales, concerns about the prices of the .igh-end iphones concerns about
♪ emily: hello, i am emily chang and this is "best of bloomberg technology."pple up, ample does loses its grip. over apple.ok plus, facebook battles accusations of racism. about a memosively about being black at the social network. and it was the biggest shopping weekend of the year. we will unpack what this extravaganza abroad and for amazon. apple's stronghold on the world most valuable publicly traded company is no more. tooksoft's market capital the first spot for the first time...
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Dec 14, 2018
12/18
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i hate cardio. >> do your exercises. you have to do that. can you think of one, emily? work. you love work. >> i kind of love everything. >> who is the king of england again? prince george? the old guy? >> charles? he's not kidding! >> prince charles get someone else, like, one of his butlers, to squeeze that little thing of toothpaste. >> i don't think that's true. >> i read it! everything you see in the news is true! >> are you okay? >> no... let me take my meds. thank god for this music. wifi wireless charging 104 cubic feet of cargo room and seating for 8. now that's a sleigh. ford expedition. built for the holidays. and for a limited time, get zero percent financing plus twelve hundred and fifty dollars ford credit bonus cash on ford expedition. ford credit bonus cash your insurance rates skyrocket you could fix it with a pen. how about using that pen to sign up for new insurance instead? for drivers with accident forgiveness, liberty mutual won't raise their rates because of their first accident. switch and you could save $782 on home and auto insurance. call for a free
i hate cardio. >> do your exercises. you have to do that. can you think of one, emily? work. you love work. >> i kind of love everything. >> who is the king of england again? prince george? the old guy? >> charles? he's not kidding! >> prince charles get someone else, like, one of his butlers, to squeeze that little thing of toothpaste. >> i don't think that's true. >> i read it! everything you see in the news is true! >> are you okay? >>...
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Dec 5, 2018
12/18
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i'm trying... ♪ yippiekiyay. ♪ mom. ♪ emily: this is bloomberg technology. iand san francisco. presidents trump and xi came to a 90-day truce. now trump hinted that he could extend that period after the president treated he secured an agreement from china to reduce or eliminate tariffs on u.s. i can make cars. eliminate tariffs on u.s.-made cars. theye president expects will take their car tariffs down to zero. they were 15%. they were knocked up to 40% as a retaliatory move. i think you will see pretty soon they will be knocked down to zero percent. that is my guest. emily: all of this happening at the white house meeting with german automakers, many observers saying who benefit more than u.s. automakers by some of these potential changes if they happen. what is the status of these car terrace or lack thereof? >> yes -- car tariffs or lack thereof? >> yes, meeting with trump administration officials. their message is not that they are here to advocate for trade. the eu is in charge of that. they came to tell trump about their plans, that they may be able to e
i'm trying... ♪ yippiekiyay. ♪ mom. ♪ emily: this is bloomberg technology. iand san francisco. presidents trump and xi came to a 90-day truce. now trump hinted that he could extend that period after the president treated he secured an agreement from china to reduce or eliminate tariffs on u.s. i can make cars. eliminate tariffs on u.s.-made cars. theye president expects will take their car tariffs down to zero. they were 15%. they were knocked up to 40% as a retaliatory move. i think you...
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Dec 8, 2018
12/18
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i am emily chang. scarlet: i am scarlet fu and this is "bloomberg etf i.q.," where we focus on the assets, risks, and rewards offered by exchange traded funds. ♪ scarlet: colliding worlds. the turbulence of 2018 is causing regime changes in equities as investors abandon growth for value and value morphs into momentum. fit inetf investments the active versus passive debate? we take stock of one of the fastest-growing areas of the etf
i am emily chang. scarlet: i am scarlet fu and this is "bloomberg etf i.q.," where we focus on the assets, risks, and rewards offered by exchange traded funds. ♪ scarlet: colliding worlds. the turbulence of 2018 is causing regime changes in equities as investors abandon growth for value and value morphs into momentum. fit inetf investments the active versus passive debate? we take stock of one of the fastest-growing areas of the etf
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Dec 15, 2018
12/18
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ryan: i always sleep great. emily: if i get a package from amazon, how is flex port involved? onnects the brand that designed the product and their factory. we bring the goods from the factory to amazon fulfillment centers. emily: so, what trends are you seeing this season different from last season? ryan: you are always in a big rush to get everything in, but what is unique this year is the tariffs. there is this looming deadline of increased tariffs. brands are struggling to get goods in. the trump administration relaxed those tariffs. emily: they are still a potential threat. rayn: we have seen big increases in tariffs. emily: the big increases in tariffs, what have you seen as a result? ryan: flexport imports 1% of imports by ocean, and our average tariff was 2%. we are now close to 7%. we've already seen a big hike there. second, we are seeing brands, those that can try to shift production out of china into southeast asia. seeing surges in cambodia, vietnam and places like italy and turkey are having manufacturing surges. emily: how easy is it to switch your manufacturing
ryan: i always sleep great. emily: if i get a package from amazon, how is flex port involved? onnects the brand that designed the product and their factory. we bring the goods from the factory to amazon fulfillment centers. emily: so, what trends are you seeing this season different from last season? ryan: you are always in a big rush to get everything in, but what is unique this year is the tariffs. there is this looming deadline of increased tariffs. brands are struggling to get goods in. the...
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Dec 1, 2018
12/18
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emily: hello, i am emily chang and this is "best of bloomberg technology." where we bring you all the top interviews from this week in tech. grip asp, apple loses the top earning company. microsoft took over apple in its spot. plus, facebook battles accusations of racism. we hear exclusively from the former employee who wrote a memo about being black at the social network. and it was the biggest shopping weekend of the year. we will implacably the black friday cyber monday extravaganza brought for amazon. but first to the leave. -- to the lead. apple's stronghold on the world's most valuable publicly traded company is no more. during monday's trading microsoft's market capital took , the first spot for the first time in eight years. just this month, the iphone maker topping $1.1 trillion. the share price has been shaved in the broader tech selloff. amidst concerns about weak demand for the flagship iphone. bloomberg tech's mark gurman joins us. mark: it is pretty unbelievable. if a year or two ago if someone said that microsoft would pass apple in two years
emily: hello, i am emily chang and this is "best of bloomberg technology." where we bring you all the top interviews from this week in tech. grip asp, apple loses the top earning company. microsoft took over apple in its spot. plus, facebook battles accusations of racism. we hear exclusively from the former employee who wrote a memo about being black at the social network. and it was the biggest shopping weekend of the year. we will implacably the black friday cyber monday...
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Dec 19, 2018
12/18
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i was the first ceo that asked her to speak to my leadership team of 3000 people and required everybody to read the book. emilyer that. her she'srs: i told too tough on women and she needs to press women. she was making a point. she was saying we have to control our own destiny and lean then and when you are breaking out of a challenge, you got to be able to do it i'm making bold statements. emily: as much as i have and itsd from "lean in" message, you cannot lean and if the door is nailed shut. don't companies need to lean and more, to? mr. chambers: yes, they do. have gender diversity because it was the right thing to do. we have really talented female leaders who were amazingly good. you've got to pay everybody -- that should be a given -- for the same job. the let the same rank should be paid the same level, period. in a startup, if you just require people to email -- to for everyone female open position, we saw numbers change dramatically. emily: we know you are friends with sheryl, so i know it's tough for you to answer this question, but what do you think she and mark could do differently? mr. chambers:
i was the first ceo that asked her to speak to my leadership team of 3000 people and required everybody to read the book. emilyer that. her she'srs: i told too tough on women and she needs to press women. she was making a point. she was saying we have to control our own destiny and lean then and when you are breaking out of a challenge, you got to be able to do it i'm making bold statements. emily: as much as i have and itsd from "lean in" message, you cannot lean and if the door is...
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Dec 23, 2018
12/18
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so i can't claim that for the u.s., and that is a challenge. emilyht up with the uber vice president and head of uber everything monday. jason: i joined the company four and a half years ago to help build the team to help figure out what other businesses uber could get into. it is about how to use its urban logistics platform to launch new businesses and new ideas and allow people to connect with their cities. we said there are a lot of things we can do and let's look at the things we can move. it ao we said let's call vision for everything. food was a big part of it. it became about 95% of what we do on a regular basis outside of experimentation with our businesses. we were not expecting food would be as big as we thought. at the beginning, we thought there were a number of businesses. we decided to focus on that. so there is the uber everything title, but we do uber eats. emily: it is 17% of gross bookings, that means all food orders, not just what uber is taking, but the entire order essentially. give us an idea of how fast the business is growing
so i can't claim that for the u.s., and that is a challenge. emilyht up with the uber vice president and head of uber everything monday. jason: i joined the company four and a half years ago to help build the team to help figure out what other businesses uber could get into. it is about how to use its urban logistics platform to launch new businesses and new ideas and allow people to connect with their cities. we said there are a lot of things we can do and let's look at the things we can move....
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Dec 26, 2018
12/18
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i don't know. emily: did you see any evidence? brad parscale: i didn't see anything. g that seemed suspect? brad parscale: i don't have complete access to everything going on in the country. that is why we do have intelligence. from everything i saw, it looks like there was no collusion, we ran a legitimate campaign, and we did everything the right way. we ran a completely legitimate campaign. it is unfortunate that some didn't like what happened. emily: are you worried that americans can be manipulated online by foreign powers? brad parscale: no, i think americans are smart enough. emily: do you think voters will still track social media ads if you use them again? one torscale: i'm not speak on what voters can and will trust. i continue to think that using social media and using advertising for all businesses and campaigns is an important way to get people to show up to vote for donald trump in 2020. brad: that was president trump's 2020 campaign manager, brad parscale. coming up, we will hear from facebook coo sheryl sandberg. ♪ brad: facebook has come under fire thi
i don't know. emily: did you see any evidence? brad parscale: i didn't see anything. g that seemed suspect? brad parscale: i don't have complete access to everything going on in the country. that is why we do have intelligence. from everything i saw, it looks like there was no collusion, we ran a legitimate campaign, and we did everything the right way. we ran a completely legitimate campaign. it is unfortunate that some didn't like what happened. emily: are you worried that americans can be...
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Dec 20, 2018
12/18
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i think it is important we get back to it. emily: do you think facebook is a threat to democracy? when companies are doing well and the leaders are doing well, everybody sings your praises. the minute i tripped up people turned on me that i never dreamed would it we came back. every time we got knocked down we came back strongly. that is the most likely for facebook. what they do have to do things differently. herly are good people. you have to say what it looks like at the end any have to work and say how do we get there. emily: do you think facebook will recover? company that does not constantly think they are under threat is a problem. -- jeffn amazon where bezos is a really good leader. he said to his employees that amazon could be one step away from failure or it if we do not have the courage to reinvent ourselves, if we don't deal with issues that matters, we will get left behind. 40% of the fortune 501 not exist in the next 10 years. same is true for high-tech companies. if companies do not navigate through problems they will get left behind. emily: they said they will creat
i think it is important we get back to it. emily: do you think facebook is a threat to democracy? when companies are doing well and the leaders are doing well, everybody sings your praises. the minute i tripped up people turned on me that i never dreamed would it we came back. every time we got knocked down we came back strongly. that is the most likely for facebook. what they do have to do things differently. herly are good people. you have to say what it looks like at the end any have to work...
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Dec 15, 2018
12/18
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i think we're seeing more applications from international companies. emilying you for a longtime, almost as far back as when it was graham and livingston. 1900 startups. can you provide that many startups quality support? >> some of the things we're doing is we take watches and break them up. we have grown the partnership larger, 30 6% are female and we help make the batch smaller, about 25 to 30 companies and make it the same as it was so they can get that advice and attention they need. emily: diversity is something they have been criticized about. you have made it a focus and it. made pe what are you doing? >> in the last batch, 20% of founders were female. 12% were black and latino. not justtting efforts into founders who are applying but before that. that is aartup school step before they accelerator program, aspiring founders. more femaleet founders and people of color into the system. it is theart of university for startups and if we can help support founders from there, we will see more. traditional venture capital firms are raising massive amounts o
i think we're seeing more applications from international companies. emilying you for a longtime, almost as far back as when it was graham and livingston. 1900 startups. can you provide that many startups quality support? >> some of the things we're doing is we take watches and break them up. we have grown the partnership larger, 30 6% are female and we help make the batch smaller, about 25 to 30 companies and make it the same as it was so they can get that advice and attention they need....
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Dec 19, 2018
12/18
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emily: i am emily chang in san francisco. company up, while way scrutiny huaweie way -- scrutiny ramps up. the u.s. meet with german officials to discuss -- proposed by the german company. after a new report found russian hackers targeted users, the naacp is calling for people to log out of the social network. we will speak with the president of naacp. from production "hell" to hitting model three milestones. we will look back at the roller coaster that was tesla. a u.s. delegation met with german counterparts friday to share concerns over huawei's role in germany's five g network. this comes amid fears the equipment maker is an enabler for espionage. while a held his first press conference since an arrest tuesday. they blacklisted the company without -- warning that black listing the company without proof will only hurt the company. it is speech tuesday, xi jinping one other nations not to interfere in china. -- warned other nations not to interfere in china. >> no one is in position to dictate to the chinese people what sho
emily: i am emily chang in san francisco. company up, while way scrutiny huaweie way -- scrutiny ramps up. the u.s. meet with german officials to discuss -- proposed by the german company. after a new report found russian hackers targeted users, the naacp is calling for people to log out of the social network. we will speak with the president of naacp. from production "hell" to hitting model three milestones. we will look back at the roller coaster that was tesla. a u.s. delegation...
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Dec 22, 2018
12/18
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>> because i respect the justice system. emily: what is your reaction? dana: i was not surprised.omeone who had to settle because of stock prices. the settlement says they have to appoint two directors. they are within that window. he is not abusing the settlement degree. he is not following the spirit in terms of his public statements but he is not out of compliance. emily: executive turnover, there has been a lot. do you think musk can continue to lead the company without turnover? charles: he is going to continue whether anyone wants him to or not. he is the largest shareholder. it would be the largest package in history. nobody can force out elon musk and the board is not inclined to do so. it is a board that does what elon musk tells them. can they maintain this position in the marketplace? for consumers and investors and counterparties in this industry, trust is everything. we buy a car because we trust it is going to do what it is supposed up. suppliers hand over parts without asking for cash on delivery because they trust they are going to get paid. one of the challenges i
>> because i respect the justice system. emily: what is your reaction? dana: i was not surprised.omeone who had to settle because of stock prices. the settlement says they have to appoint two directors. they are within that window. he is not abusing the settlement degree. he is not following the spirit in terms of his public statements but he is not out of compliance. emily: executive turnover, there has been a lot. do you think musk can continue to lead the company without turnover?...
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Dec 13, 2018
12/18
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the best part is if we can help support founders from various backgrounds, i think we will see more. emilyional venture capital firms are raising massive amounts of money. you have softbank coming in. does it change the strategy? does it mean more competition? is it isason i joined super focused on helping the founder at all stages of the company. you can come in with just an idea and we have a startup program for you. and we have an accelerator program for you. and a growth program of continuity as well. vcis much more than just a fund. it's a place for founders to learn and grow in their company. brown 11,000d a applications. there are a lot more founders globally starting companies because tech is no longer just about tech. emily: we have been talking about the backlash against big tech in general, big visions, these promises to make the rolled a better place with these companies are also making money. continue,ect that to and will that trickle down? the founders that are starting companies are truly aspiring to solve a problem and hoping to make experiences better. as we talked about,
the best part is if we can help support founders from various backgrounds, i think we will see more. emilyional venture capital firms are raising massive amounts of money. you have softbank coming in. does it change the strategy? does it mean more competition? is it isason i joined super focused on helping the founder at all stages of the company. you can come in with just an idea and we have a startup program for you. and we have an accelerator program for you. and a growth program of...