we spoke with at sea ceo josh silverman -- etsy ceo josh silverman ahead of the hearing. mr.e are talking about here is the new mainstream, the digital mainstream, being subject to a patchwork of 10,000 different ourjurisdictions, where sellers, micro-businesses, are asked to comply with an unmanageable number of tax law. >> so complexity abound. what about whether or not there's a risk you could see back taxes as well being collected. is that a risk or is that not on the agenda? mr. silverstream: the most important thing -- one of our sellers in the state of washington, she sells marshmallow pops and pecan bars. it turns out that marshmallow pops are qualified as a candy, which has no tax, because it doesn't include flour or need to be refrigerated, while pecan bars are classified as baked goods, so she needs to know that to comply with one jurisdiction in the state of washington. perhaps is back to school, in which case there might be a tax holiday. in the state of connecticut, she needs to know whether the candy she sells are for athletic purposes, unless they are being bo

emily: that was josh silverman, ceo of etsy.dition of "the best of bloomberg technology." we will bring you all the latest in tech throughout the week. be sure to turn in next week. full earnings coverage, a slew of big tech sector reports on facebook, microsoft, and intel. tune in every day. remember, all episodes are live streaming on twitter. check us out weekdays. that's all for now. this is bloomberg. ♪ retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. carol: welcome to "bloomberg businessweek." i'm carol massar. taylor: and i'm taylor riggs. we are here inside the magazine's headquarters. carol: coming up in this week's issue, the french president

emily: that was josh silverman, ceo of etsy.r this edition of "the best of bloomberg technology." we are going to bring you all the latest in tech throughout the week. be sure to turn in next week. full earnings coverage, a slew of big tech sector reports on amazon facebook, microsoft, and , intel. tune in every day. 5:00 in new york, 2:00 in san francisco. remember, all episodes are live streaming on twitter. check us out weekdays. that's all for now. this is bloomberg. ♪ ♪ >> concerns kim jong-un is holding -- president trump dialed back on the optimism. here with a mnuchin trade truce. beijing welcomes the chance to resolve their spats. protection asns it threatens the global economy. things are still good but the risks are out there. not, now it isas water. korean

next, josh silverman joins on this week's multibillion-dollar u.s.rt hearing on online sales tax. this is bloomberg. ♪ >> cambridge analytica may have harvested even more data than we already know, 87 million facebook users, according to a second whistleblower who came forward. britney keiser testified before the u.k. parliamentary panel at the company used a wide assortment of surveys together data. alexander nix, the former ceo, refused to appear before the same panel. his legal team claims he could appear due to the information commissioner's ongoing investigation. the panel rejected his excuse and said it is considering a full summons for him to appear. online sales taxes at the center of a multibillion-dollar supreme court case on tuesday, and supreme court justices signal they are divided about whether the u.s. should collect billions of dollars in sales tax from internet retailers that don't currently charge tax. president trump weighed in on twitter tuesday, accusing internet retailers of cheating. justices are considering overturning their 1

caroline: josh silverman, we will hopefully keep in touch as this does make its way through the supremeof etsy, wonderful to have you with us. now, a reminder, we are live streaming on twitter. newk us out, 5 p.m. in york and 2:00 p.m. in san francisco. that is all for now. this is bloomberg. ♪ ♪ manus: the world's second-largest economy continues to grow amid robust consumer spending. we are live in beijing for the data. yousef: president trump intense to -- intense to nominate someone new to the fed. jay powell's inner circle starts to take shape. -- y: the manus: the tadawul closing high. the treasurer is also hitting a

caroline: josh silverman, great having your take. to keep in touch as this heads to the court. a reminder that we are live streaming on twitter. check us out. that is all for now. this is bloomberg. ♪ ♪ >> u.s. stocks rise as geopolitical tensions ease, the s&p 500 returns to gains for the year so far. betty: the dollar near an april low as president trump brands russia and china as currency manipulators. gettingank of america costs under control as earnings rise to a record. betty: netflix jumping after beating forecasts for new users.