emily: that was stanford university president john hennessy.an catch more of the interview on our website, bloomberg.com. coming up, a japanese messaging app could deliver the biggest tech ipo of the year. a competitor that gets as much daily face time with its users as instagram and snapchat. ♪ emily: just when he thought the tech ipo pipeline was dried up, the chinese messaging app line is aiming for what could be the biggest tech exit per year. the on-demand meal kit startup blue apron seems to be taking the first step toward the idea. more than 160 private companies are currently valued at $1 billion or more. we spoke with david kirkpatrick and alex barinka. first of all, let's talk about line because they originally filed a couple of years ago in tokyo with a financial -- potential nine billion dollars valuation. alex: it did not go through and they are coming at it from a different approach. they are looking to raise $1 billion to $2 billion and about half of that from u.s. investors. they are coming to market now, they have seen some slo

emily: stanford university president john hennessy there.ou can catch more of that interview on bloomberg.com, including his response to a former stanford student recently convicted of sexual assault and sentenced to a controversial six months in prison. lending club abruptly ended its annual shareholder meeting tuesday. the peer-to-peer lender said it was postponing the meeting just as it was kicking off. the company says it needs time to prepare for recent relevance, including the surprise resignation of its ceo, who resigned last month in the wake of a botched loan sale and disclosure lapses. earlier today, lending club also said it was raising interest rates and tightening loan criteria for borrowers. coming up, snapchat makes changes to its interface. how it could affect the nearly $20 billion app. cost ofill dig into the genetic testing and one company bucking the trend of cheaper kits by betting more consumers will pay more money for theirs. ♪ emily: airbnb has found a friendly home in lisbon. as the short-term lending -- rental compa

vonnie: john hennessy, has stamford focused too much on technology?te of higher at asian today? ♪ betty: this is "bloomberg markets." i'm betty liu. vonnie: i'm bonnie -- vonnie quinn. samford university has been in the headlines for the conviction of a rapist. vonnie: -- betty: hennessy stepped down. emily chang caught up with him and asked how stamford has changed under him. john: two big changes that have .ccurred that are or shall one, we dramatically increased the amount of financial aid we can give to students so that we could attract students irrespective of their family income and ensure that if they were all a fight, they could afford to go. as a result, net tuition for the average family has gone down in real terms over the past 15 years. the other thing was to reshape the search commission so that we would be more outward focused and more collaborative and we would devote more energy to trying to attack the world's biggest problems. environmental sustainability, global health. issues around peace and security around the world. i think unive

tomorrow my interview with john hennessy.t is all today from san francisco. ♪ studios infrom our new york city, this is "charlie rose." begin with the week in politics. hillary clinton went on the offense thursday, delivering a foreign-policy speech that was highly critical of donald trump. jeffrey goldberg writes about politics for "the atlantic" magazine. i am pleased to have him here. people are saying this could be a deciding moment, a pivot. mr. goldberg: i agree.

tomorrow my interview with john hennessy.ll today from san francisco. ♪ manus: saudi arabia approves a plan. public-sector wages will be cut. rishaad: hillary clinton said she is on the brink of history. she would be the first woman to lead a major u.s. party. it is a day of decisions. the rb

and we could not be prouder of john hennessy and stanford and all the great work that they have done.ive him a big round of applause. that summer break, just so all of you know, stanford is not always this quiet. this school is unique. folks ride on bicycles everywhere. and athletes are also computer engineers. this is the place that made nerd cool. so -- so we are thrilled to be here. i know that i am not the first speaker that you've heard from. but, many of you have traveled here from a long ways. we've got more than 170 countries from every region of the world represented. some of you, this is the first time you are visiting our country. so, let me just say on behalf of the american people, not only welcome to our global entrepreneurship summit but welcome to the united states of america. we are glad to have you. i'm not going to give a long speech blaus what i really want to do is have a conversation with some outstanding young people who are part of a panel and we're going to introduce in a moment. but i do want to begin by offering some opening thoughts about the time in which

and we could not be prouder of john hennessy and stanford and the great work they have done.give him a big round of applause. [applause] president obama: summer break, just so all of you, stanford is not always this quiet. this school is unique. folks ride on bicycles everywhere. [laughter] and athletes are also computer engineers. this is the place that made nerd cool. [applause] president obama: so we are thrilled to be here. i know i am not the first speaker you have heard from, but many of you have traveled here from a long ways. we got more than 170 countries from every region in the world represented. some of you, this is the first time you are visiting our country. let me just say on behalf of the american people, not only welcome to our global entrepreneurship summit, but welcome to the united states of america. we are glad to have you. [applause] president obama: i'm not going to give a long speech, because what i really want to do is have a conversation with some outstanding young people, but i do want to begin by offering some opening thoughts about the time in whi