i caught up with "bloomberg tech's" ian king. we are expecting things to continue to decline but that, if you like, a better rate. the declines will be smaller. what we got from texas instruments was the reverse. instead of being at 3%, 4% revenue decline in the fourth quarter, they are expecting something as bad as 14% of the midpoint. taylor: we have thought a lot of their sales came from stable investments. thinking industrials and auto sectors. did any of that stability help them? ian: absolutely not. no. and communications equipment was arguably their worst market, down 20%. automotive was also one that they cited as being considerably worse pretty much across the board. taylor: they do also lead some of these sectors in communications, like you mention. that's the one area where they don't have a lead. what can respect from that company in the communication sector going forward? ian: they were not at all positive about that. their chips were an important component of cell phone systems, so if you are looking for a readthrou

of course it is the economy, of course it is trade tension. >> that was ian king.makers are reeling from the u.s. trade war and the huawe i band, he is focusing on the return to growth. oniscussed with sanjay thursday. memory thatind of speeds thanu faster flash memory. highernsities that are than that memory. this is to accelerate deep learning workloads. what is introduced today is the fastest drive in the world. >> is this really banking of the future of the cloud? it is a technology that works well. of course, it is a technology that can be deployed to other market applications such as mobile or other intelligent devices on the edge. the trends of artificial intelligence today are the ability to process data. that means you have to be able to have installations. you have to store data. you have to process it fast. it needs the kinds of solutions micron makes. deviceshe intelligent from smartphones to automobiles. was micron's ceo. spotify.re was we hear from the new york stock exchange president, stacy andingham on the popularity the atmosphere of the delayed w

thank you to ian king. now, embattled e.v.rt-up is aiming to raise $850 million by the first quarter of next year. the ceo told bloomberg the company will use the proceeds as a bridge to an initial public offering, but did not set a timeline for a listing. the chinese founder filed for pet -- bankruptcy last week and put his stake in faraday under the trust of creditors. faraday is protected by debt but needs to go public to secure his long-term future. also exploring a joint venture in china to scale production and shielded from tariffs. coming up, big banks versus banks versus fintech. who do you got? that is the question we will ask the head of u.s. large-cap bank research as well as fargo security. our conversation with mike mayo, that is next. this is bloomberg. ♪ surged tuesday after executive said the company would turn a profit by the end of 2020 1, 1 year earlier than analysts expected. lyft has been cutting back on subsidies for riders and drivers that have been racking of costs. now, the digital banking revolution i

some incumbents were out raised by challengers including congressman hunter ian king. early at this point. we will have to keep an i on what some of these democratic challengers raise. >> we want our viewers to call in and let us know as well what you are watching for in house and senate races in this campaign 2020 sicko. we will go to steve in california. >> high. i just want to talk about the rest felt -- rust belt in the bible belt. i was republican. let me tell you, i was considered a rino. i was moderate who leaned to the right. i liked the judges from the right. i want to tell you, i think you will find in the rust belt and bible belt, they have concerns right now. i don't know how the money is coming out in those areas. you, i would have concerns -- i do have concerns with, you know, the corruption and lies. right now, ma'am, they are saying that consumers are holding up the economy. the consumer is doing it on credit. ,ooner or later, that will those cards will coming down. what theinterested in fundraising is like for the republicans in those areas. >> ok. sur

that was mitch steve's and ian king, thank you for joining me.for this edition of bloomberg technology. bloomberg technology is livestreaming. check us out. follow our global breaking news network, tictoc, on twitter. this is bloomberg. ♪ everyone uses their phone differently. that's why xfinity mobile lets you design your own data. you can share 1, 3, or 10 gigs of data between lines, mix in lines of unlimited, and switch it up at any time. all with millions of secure wifi hotspots and the best lte everywhere else. it's a different kind of wireless network, designed to save you money. switch and save up to $400 a year on your wireless bill. plus, get $250 back when you buy an eligible phone. that's simple. easy. awesome. call, click, or visit a store today. david: from the harvard law review and columbia law review, you were flooded from job offers from major law firms. you13 years, did you think had a chance to be on the supreme court? justice ginsburg: no one ever thinks my aim in life is to be on the supreme court. david: when you first got o

and -- ian king and shirs ovide, thank you both for joining. interest stocks reported avenues that missed analyst estimates. shares fell as much as 20% to a level just above the company's april ipo price of $19 a share. third-quarter revenues posted nearly $280 million, compared with analyst estimates of $282 million. coming up, bloomberg's new survey shows while the model to struggles for service, the battery is like no other. we break down the numbers, next. if you like bloomberg news, check us out on the radio, bloomberg radio app, or in the u.s. on sirius xm. this is bloomberg. ♪ it is the biggest survey of tesla drivers ever conducted. bloomberg pulled almost 5000 model three owners with a questionnaire. the data reveals many of tesla's troubles are coming from the repair shop. w.r for more is david is service improving are not? >> -- or not? >> it is, but still has a way to go. the number of complaints have come way down as the quality of the vehicles has gotten better, but it is still taking too much time in the opinion of customers for

bloomberg's ian king, thanks so much for joining. video gaming.pite being in a cash crunch, they applied for a trademark we.r the name play by they are said to have belt-tightening by selling off some of their businesses after their delayed ipo and restructuring. for more, i want to go to new york and get our bloomberg reporter. so, why gaming right now? is looking fork ways to make money and leverage space. they have done well, some companies, in the e-sports is probablywork looking to get in on this. the question is, is it too late. it may not be the time to doubled down in a new area that is not in the core of wework's business right now. this toliana, explained me. we saw them selling off some of their non-core strategies, really focusing on office sharing. so how does e-gaming fit into their strategy? when weworkn't know originally started looking into this, so it could be part of the old establishment of wework, so it is not clear where there -- -- goes.ports gotes. we will not know how serious they are. there are a lot of companies in the s

here to tell us more is bloomberg's ian king. five months later, where do we stand?he way to summarize it neither side is happy with what is going on. when i say neither side, i mean the hawks in washington who want this company which they regard as a threat and national security to be shut down, have not had their way. huawei is still arguably thriving. on the flipside, you have u.s. companies which are suppliers to huawei which get a chunk of their earnings from that company are saying can we do businesses, under what circumstances? they don't have an answer. taylor: you've been covering those companies from the u.s. technologically side -- technology side. what has been their biggest source of frustration? ian: they don't know how it is going to pan out. there was this order that came down, and entity with huawei. they largely shut down contact -- contact with the company then. they had their general counsels look at what the rules were and decided actually, we can do business with these guys to a certain extent. resumingtarted off contact started off supplying hu