now, act in the 1840's, john freeman was one of the most famous men in america.ed the trails from st. louis to oregon. his wife, jesse, was an aggressive promoter of his the fremont -- the freems -- thanks for being with us. n backe 19th century, john freeman wasesibed as one of the most important figures inrl history up there with jesus christ. >> he was a western e explorer. lored the western united states i' the 1840' and 1850's. he did not discover much that was new, but he publicized the west he enticed people to. move west. he wrote best-selling accounts of his adventuss. publicity he point. conquest of california, which.s. gave the united states the pacific coast and added immensely to americaneah. he placed himself at the center of the american story. he publicized the west and himself. a: you say his wife, jesse, was described as the better man of t two. was she the power behind the throne? >> in some ways, yes. he was talented, but he was also a strange individual and ertic. jesse s the daughter of a powerful united stateswh senator had ambitions of her

taylor: that was john freeman of cfra research.it is not as easy to see the future as companies make it seem. we will take a look at the decade of tech predictions for 2020. this is bloomberg. ♪ >> mobile phone ownership. elon musk's hyperloop. bitcoin. they were part of predictions of the last decade for 2020. many did not come to fruition as i learned from mark milian on thursday. put out an mobility report in 2014 that there would usinge out of 10 people phones. they overestimated how quickly cell phones would come down in price. >> i want to switch over to digital. shareholders meeting, mark was talking about the website. it looks like they are losing money, not yet breaking even. independent an entity before uber and airbnb created the age of the unicorn. there was all of this silicon valley money going up in smoke. in response to the criticism, mark came on this network and said by 2020, we will be breaking even. walmart ended up buying them the next year. walmart is losing a lot of money in their competition with amazon. tay

i caught up with freeman on monday. john of application layers, he has salesforce and all the other different software and other service companies. but in terms of infrastructure as a service, what amazon does, the aws, there are only three competitors in north america. there is microsoft azure, amazon aws, and google cloud. google cloud being a relatively new entrant that went from zero and now it is an $8 billion run rate. what distinguishes these guys is they have done some pretty innovative stuff. but it is scale. facebook, amazon, and google, operate infrastructures that are bigger than anybody else. that is their ticket to entry. my point of view is, why wouldn't they? it just makes total sense. and it would give them regulatory protection. they would be the last to enter into a market, three players, if we get a fourth. they would probably avoid a lot of regulatory scrutiny that they would get particularly if they do something in the consumer space, trying to expand their acquisition or that kind of the thing. it just

taylor: that was john freeman of cfra research. it is not as easy to see the future as companies make it seem. we will a look back at the decade of tech predictions for 2020. this is bloomberg. ♪ taylor: mobile phone ownership. elon musk's hyperloop. toyota's self driving cars. bitcoin. they were part of predictions of the last decade for 2020. many did not come to fruition as i learned from bloombergs, mark milian on thursday. >> erickson mobility put out a report in 2014 that by 2020, they would the nine out of 10 people over the age of six with cell phones. i think they overestimated how quickly the markets would come online and how quickly cell phones would come down in price. it is a big divide to bring so many people in developing economies into the smartphone age. taylor: i want to switch over to digital. there was a prediction that jet.com break even. i remember being in a shareholders meeting talking about jet.com, but it looks like they are still losing money, not yet breaking even. mark: jet.com was an independent entity

stuart: john freeman, you ran through four big-name companies there. not so much for twitter. john freeman. thank you, sir. >> thank you. stuart: you dealt with a lot of stuff real fast. we like that. >> appreciate it. stuart: now we have a government report saying southwest airlines flew millions of passengers on planes what i call unconfirmed maintenance records. grady trimble in chicago with details. do you know exactly what is an unconfirmed maintenance report? does that mean the plane wasn't safe? >> that means the faa didn't do all oversight it should have done on all the planes. this is according to a draft report. we haven't seen it yet. this is according to "the wall street journal" the report is due out in the coming weeks potentially. the faa managers according to this report allowed the airline to fly planes with unresolved safety concerns. in one event in 2019. the airline apparently tried to land a plane repeatedly in high winds, smashing wingtips on the runway. the report criticized faa for what it called lax oversight. this is a again a

. >>> joining us to break down some numbers, john freeman, the vice president of equity research andin landis, guys, it's good to see you both. good afternoon >> thank you for having us >> kevin, i'm seeing some numbers on the ad revenue growth may be a little shy. are you seeing something else? >> well, we haven't gone through all the numbers, but what i would say is that it's basically an up and to the right story and the whole micro targeting and the power of that is still early on so even though their users aren't ramping up that fast, they should still be able to ramp their revenue pretty aggressively. >> john, what do you see that explains a 7% down move this afternoon? >> i just think maybe expectations got a little bit ahead of what was plausible. certainly it had a run, facebook has had a run recently i thought the beat looked pretty solid actually i was actually surprised i was looking for more like 7% to 8% in monthly and daily active users and it was a little higher soy thought twafs impressive and growth obviously is something that is going to be more and more important

want to hear from trump's former national security advisor john bolton and others but they need the support of for republicans to do so daniel freeman is a former counsel and parliamentarian for the house judiciary committee he's currently a fellow at the center for congressional and presidential studies that the american university the freeman joins us live from washington d.c. so does it look like the push to get bolton another success if it is failed or i don't guess on what any united states senator is going to do but the latest with lamar alexander's discussion that he's not going to go through witnesses would seem to doom that effort if that is the case where does it leave bolton's testimony might he still give it anyway whether it's in the house of representatives in a t.v. interview or perhaps even if the book does make it out well there's nothing to preclude him from speaking and i assume there are many. television stations and reporters who would like to talk to him about that but it would not be under a formal circumstance an in house or senate committee hearing he decides he wants to do that and then there will be course

john. back here in new york, a natural cyst with james freeman, the "wall street journal." what have you heard for four days? >> i'm hearing a progressive stream of consciousness from add dim schiff. i don't know if this is persuasiveness. he's talking about candidate trump 2016 press conference, bringing up the old discredited collusion claims and also dragging james madison in this. a lot of distortions here. september 1787 it was madison said let's have a tight definition of impeachment. you don't want a partisan effort alleging no crimes the get rid of a president. i could go on here. but martha's comment about why is he bringing china with the bidens in this? the bidens couldn't be happy about that. if this goes to witnesses, are we going to talk to the chinese partners and the private equity firm that five years after they went in business with hunter biden couldn't explain what he did there? i just -- i can't believe this is where they want to go. >> bill: smart strategy, juan? >> juan: i think right now what you're seeing is also a political narrative. it will drive

john. >>can't wait for the big game on sunday will heading outside right now traffic, wise looking good into san francisco. we're tracking just under 10 minutes out of the east bay to the freeman street exit across the upper deck searching over to the san mateo bridge in your commute on westbound 92, it's going to be smooth fauria getting over to the peninsula just under 15 minutes right now. and then the richmond center fell bridge has been a pretty much problem free all morning long if your car's trickling through but really it's a pretty much friday light for you west bound 5.88 minutes to the north bay and your commute out of the north and south one oh one. it's nice and smooth into the city across the gold gate 22 minutes as a matter of fact from nevada through moran. across the bridge and into the city. well state lawmakers are hoping to stop the california state university system from adopting a new admissions policy. lawmakers say it could hurt the chances of thousands of california students from getting into college. capitol bureau reporter ashley zavala explains. >>the goal of higher education should be to help push all students over the finish line. not to put up ne

johns? >> thank you. as a first thing, we received this letter from zachs, freeman, and patterson, and it raises an issue.'m glad that the city attorney is here, because what about this claim that there was insufficient notice and therefore we ought to continue at least the consideration of 790 lombard street? have you seen the letter? >> i have just had a chance to briefly review it. thank you, commissioner. victoria wong, deputy city attorney -- can you hear me? >> barely. >> okay. i've seen the letter, yes, and i can provide more vice as the commission, you know, desires. my view is that the commission is making, really, a recommendation today, not a quasi -- not taking a quasi-judicial action. and the administrative code governing legacy business designation does not require a particular form of notice. so i believe the commission can go forward if it wishes today. >> okay. now to the more substantive things. we've got a really great collection of businesses here. i have patronized at least gamescape with my grandson, and i -- i know that it's -- that's a really wonderful asset. the ornamental plaster

freeman was a resent call-in guest. and looking at european monarchy. >> one of the remarkable things about the founding, they put all things in writing you didn't expect to be put in writing. john adams writing to a friend and saying, how should an american politician dress? right? i don't want to look like monar monar monar monarchcal. >> and the clothes you have has a lot of lace on it. should i strip the lace away. how many horses with a carriage would seem america or et monar monarchical. they're seriously thinking of the fact that those stylistic decisions are going to shape the tone and the character of the government and the nation and when everything sets a precedent. that kind of improve can have a big impact. so on the one hand it seems comical, on the other hand, it's not trivia and that's interesting. >> to watch the rest of this

john roberts will approach the duty starting next week. following the clinton impeachment, william rehnquist famously said he, quote, did nothing in particular and did it very well. back with us tonight is joanne freeman, history professor at yale university. her latest book "the field of blood: violence in congress" -- we're hoping to avoid that next week -- "and the road to civil war." ditto. professor, so the framers didn't say anything about cell phones, but mcconnell has had the wisdom to ban them from the trial, ban their use by senators. ditto the chief justice. as they say in black box theater, is he just going to explore the space? do you think he feels he has leeway? >> well, you know, the fact that we're asking this question is, as a historian, it's fascinating because there's so much. i think people think about the constitution as going into such detail about so many things, and it actually is more of an outline than anything else. and there's so much about it that it really isn't until you do it -- and impeachment happens so rarely that this is what we're experiencing now -- that the details are worked out. there's kind of a spirit of improvisation about parts of the constitution, which i