. >> reporter: this video obtained by bloomberg news shows uber ceo travis kalanick swaying to the music in the back seat of an uber black car, but at the end of the ride, he also gets an earful from the driver, identified as fawzi kamel. >> reporter: kamel tells kalanick drastic cuts in uber rates hurt him financially. >> reporter: in a memo to uber employees last night, kalanick apologized, writing --

kalanick gets confrontational with the driver.say that i am ashamed is an extreme understatement...i must fundamentally change as a leader and grow up. this is the first time i've been willing to admit that i need leadership help and i intend to get it. the video comes on the heels of other high-profile incidents for uber. last week, a former engineer accused the company of sexism. and many customers deleted the uber app after the white house travel ban was announced and kalanick was serving on the president's business advisory council. kalanick subsequently stepped down from the council. coming up at ten:parents beware: your kids social media posts could bring the wrong type of attention. what you need to know..to make sure your family is sharing safely. then: disney breaking a barrier.the first openly gay character... in the upcoming 'beauty and the beast' reboot. and next:action being taken to protect undocumented immigrants in the bay area.. the safe houses being setup... that could begin operation if there is a major crackdow

bloomberg obtained this video showing travis kalanick riding with friends on super bowl sunday.he driver [ non-english name ] of daly city tells kalanick that he is lowering fares and it's hurting drivers like him. and this is what kalanick had to say. >> you drop the prices on black. >> yes, you did. >> $20. [ cursing. >> you know how much the mileage is? >> now what? >> what? >> some people don't like to take responsibility. [ censored ] >> they blame everything in their life on somebody else. >> good luck. >> today, kalanick apologized taking responsibility for his actions. he says he needs to grow up adding he wants, quote, leadership help. >>> today we should learn more about all the traffic on the peninsula. san francisco recently ranked fourth for the worst traffic congestion in the world. it's especially bad on highway 101. caltrans officials are meeting tonight at 6:30 to try to come up with a solution. >>> a violent storm system pummeled the central part of the united states and now it's heading east. more than 20 tornadoes are reported in five states. at least three p

and travis kalanick, company holds itself driving operations.ecode's kara swisher and walter isaacson weigh in on that in just a couple minutes. "squawk alley" in just a few minutes. minutes. who understand where you come from know you can craft an investment plan as strong as your values ♪ know that together, you can establish a meaningful legacy with the guidance and support of your dedicated pnc wealth management® team. ♪ >>> it's a down day for the broader markets, but snap's higher in early trade by about 4%. a largely bullish wall street coverage. joining us now mark mahaney, rbc capital markets internet analyst whose $31 price target is the highest, and eric sheridan, internet analyst at ubs, more modest neutral rating on the stock. welcome to both of you. mark, i want to start with you. your $31 price target applies a 20x price-to-sales multiple on next year's expected revenue. that's perhaps within the same ballpark of what we've seen from twitter and facebook, but there have been questions about snap's growth rate especially after face

kalanick becomes very confrontational with the driver.ast night, he issued a statement apologizing for the incident saying he treated the driver disrespectfully and that he needs leadership training. the video comes on the heels of several high-profile incidents for uber. last week, a former engineer accused the company of rampant sexism. and many customers were furious about the fact that kalanick was serving on president trump's business advisory council. in response to the outrage, kalanick stepped down from the council. facebook is beefing up its suicide prevention tools. this includes new options for people to report if someone might harm themselves while broadcasting on facebook live. the company just made the announcement this morning. people watching a facebook live broadcast will now be able to report the video for an escalated response from facebook. facebook can then reach out to emergency workers if the person is in imminent danger. the company is also streamlining the process to report posts about suicide or self-injury. and

travis kalanick also says he is ashamed.wledgment follows a heated argument with one of his drivers that was caught on video. ben tracy has the story. >> reporter: this video obtained by bloomberg news shows uber ceo travis kalanick swaying to the music in the back seat of an uber black car, but at the end of tidhe ree h also gets an earful from the driver identified as vafawzi he explains that cuts in uber rates have hurt him financially. >> i lost $90,000 because of you. yes, yes, yes. you keep changing every day. you keep changing every day. >> hold on a second. what have i changed about black? >> you changed the whole business. >> what? what? >> you dropped the prices. >> on black? >> $20. started with $20. how much is the mile now, $2.75? >> some people don't like to take responsibility for their own actions. >> reporter: in a memo kalanick afollowsed writing it's clear the video is a reflection of me and i must fundamentally change as a leader and grow up. this is the first time i've been willing to admit that i need l

kalanick gets confrontational with the driver.ng a statement apologizing for the incident saying he treated the driver disrespectfully and that he needs leadership training. the video comes on the heels of other high-profile incidents for uber. last week, a former engineer accused the company of sexism. and many customers deleted the uber app after the white house travel ban was announced and kalanick was serving on the president's business advisory council. kalanick subsequently stepped down from the council. living with scoliosis - and unable to get treatment. coming up - meet the 15- year-old boy from ethiopia who will finally get the help he's needed for áyears - thanks to a local organization. it's okay to cry, right? no more! we don't want anymore! [crying] ahhhhhhhhhh! everyday price and no extra monthly fees, unlike cable. speeds up to 45 megs, for $30 a month. an arrest made in a rolling gun battle in the east bay that injuried an elderly couple. steve aveson is in the newsroom with what we are working on for kron 4 news

kalanick fired back with an expletive. in a stamp memo, he said that he was ashamed. >>> thousands of websites back up and running after suffering a crippling outage that triggered widespread performance problems. amazon's massive cloud based and web services went down on the east coast for more than four hours yesterday. it's a thing that affected systems that host half a million websites including large companies like netflix, airbnb and spotify. >> all we get to do is chill instead of netflix and chill. >> no netflix. >> the former president and first lady have signed a megabook deal. the unique joint agreement with publisher penguin random house calls for the obamas to write separate books and reportedly worth $60 million. by comparison, bill clinton, you see him there, was paid $15 million for his memoir and hillary clinton got 14 million for her book about her time at the state department and george w. bush received 10 million for the release of "decision points." >>> when we come back, chaos at a mardi gras parade a

kalanick has called for an internal investigation and asked eric holder to look into it. david? >> thank you. >>> there is much maore ahead o "world news tonight" this wednesday thiegt. >>> the young nurse found dead in her home. authorities tonight releasing surveillance of a possible killer. we'll have more after the break. >>> also, two police chases making headlines tonight. the driver in that pickup truck there airborne, and the others seen on this america highway. the suspect driving backwards and the standoff there. >>> and the interview tonight making news. oprah winfrey asked if she'll run for president. >> oh. oh. >> is she running? the answer coming up. i have asthma... ...one of many pieces in my life. so when my asthma symptoms kept coming back on my long-term control medicine. i talked to my doctor and found a missing piece in my asthma treatment with breo. once-daily breo prevents asthma symptoms. breo is for adults with asthma not well controlled on a long-term asthma control medicine, like an inhaled corticosteroid. breo won't replace a rescue inhaler for sudden

kamel tells kalanick drastic cuts in uber rates hurt him. >> i lost $97,000 because of you. you keep changing every day. you keep changing every day. >> hold on a second. what have i changed about black? >> you changed the whole >> on black? >> yes, you did. >> [bleeped]. >> it was $20. it started wit $h20. how much is the mile now? $2.75. >> some people don't like the take responsibility for their own actions. >> reporter: in a memo to uber employees last night, kalanick apologized, writing it's clear this video is a reflection of me. i must fundamentally change as a leader and grow up. this is the first time i've been willing to admit that i need leadership help and i intend to get it. lately the company that made it possible to catch a cab using an app can't seem to catch a break. last week a lawsuit was filed alleging uber stole trade secrets for the development of its self-driving cars, which uber denies. and uber recently launched an internal investigation after an ex-employee leveled allegations of same-sex marriage. -- sexual harassment. we asked uber for an intervie

travis kalanick swaying to the music in the back seat of an uber black car, but at the end of the ride also gets an earful from the driver, identified as fawzi kamel. >> reporter: kamel tells kalanick drastic cuts in uber rates hurt him financially. >> reporter: in a memo to uber >> reporter: in a memo to uber employees last night, kalanick apologized, writing: "it's clear this video is a reflection of me. i must fundamentally change as a leader and grow up. this is the first time i've been willing to admit that i need leadership help and i intend to get it." lately, the company that made it possible to catch a cab using an app can't seem to catch a break. last week a lawsuit was filed alleging uber stole trade secrets for the development of its self-driving cars, which uber denies. and uber recently launched an internal investigation after an ex-employee leveled allegations of sexual harassment. we asked uber for an interview and they declined. i did take three uber rides in san francisco today, all three drivers well aware of the company's problems. scott, one driver told me he think

travis kalanick is apologizing for a video showing him berating one of his own drivers. he admits he needs leadership help. the company is already facing angry calls on the internet to delete uber and allegations that managers sexually harassed employees. here's abc news reporter lindsay davis. >> reporter: uber ceo says he's sorry for his behavior in this newly released video which shows him berating a driver in an argument over fares. >> i lost $97,000 because of you, bankrupt because of you. the whole business. >> reporter: the driver blamed ceo travis kalanick claiming the drop in uber fares has cost him dearly. >> you know what? some people don't like to take responsibility for [ bleep ]. they blame everything in life on somebody else. >> reporter: kalanick says he had to drop prices to stay competitive but he's now apologizing and released this statement. "it's clear this video is a reflection of me and the criticism we've received is a stark reminder that i must fundamentally change as a leader and grow up." he says, "this is the first time i've been willing to ad

. >> reporter: the driver blaming that ceo, travis kalanick, claiming the drop in uber fares has cost him dearly. >> you know what? >> what? >> some people don't like to take responsibility for their own [ bleep ]. >> i take responsibility! >> they blame everything in their life on somebody else! >> for town car. >> good luck! >> reporter: kalanick says he had to drop prices to stay competitive but he is now apologizing and released this statement. it's clear this video is a reflection of me and the criticism we have received is a stark reminder i must fundamentally change as a leader and grow up. and he says, this is the first time i have been willing to admit that i need leadership help, and i intend to get it. this is just the latest round of negative publicity. a former female uber engineer is now accusing the company of turning a blind eye to sexual harassment. kalanick has called for an internal investigation into that matter, and hired former attorney general eric holder to look into the allegations, david. >> linsey davis with us. linsey, thank you. >>> there is much more ahea

. >> reporter: this video obtained by bloomberg news shows uber ceo travis kalanick swg ayinto the musicck seat of an uber black car, but at the end of the ride, he also gets an ea frfulthrom e driver, identified as fawzi kamel. >> reporter: kamel tells kalanick drastic cuts in uber rates hurt him financially. >> reporter: in a memo to uber employees last night, kalanick apologized, writing -- "it's clear this video is a reflection of me. i must fundamentally change as a leader and grow up. this is the first time i've been willing to admit that i need leadership help and i intend to get it." lately, the company that made it possible to catch a cab using an app can't seem to catch a break. last week a lawsuit was filed alleging uber stole trade secrets for the development of its self-driving cars, which uber denies. and uber recently launched an internal investigation after an ex-employee leveled allegations of sexual harassment. we asked uber for an interview and they declined. i did take three uber rides in san francisco today, all three drivers well aware of the company's problems. sco

for $20. >> reporter: the heated exchange ends when kalanick leaves the car. >> you know what? >> what? >> some people don't like to take responsibility for -- [ bleep ]. >> reporter: the dash cam video went public and the ceo apologized. "to say i'm ashamed is an extreme understatement. it's clear this video is a reflection of me. i must fundamentally change as a leader and grow up." >> problems like this can sink a company's leadership. he's taking responsibility and showing he needs to address a problem so he's not just blaming himself. he's saying, i'm going to develop a plan. >> reporter: for uber, it's yet another high-profile problem. the company is investigating a sexual harassment claim made in a blog post by a former engineer. in january, some 200,000 deleted their accounts in protests after the company failed to participate in a taxi strike during the president's refugee ban. now another bump in the road for a ride-sharing service under fire. miguel almaguer, nbc news, los angeles. >>> in los angeles today, a wild and dangerous police chase through the streets. for m

since that video surfaced, kalanick has changed his tone. this morning, he sent an e-mail to employees saying "this is the first time i have been willing to admit that i need leadership help and i intend to get it." adding that he needs to "grow up." thousands of uber customers have deleted their accounts in recent weeks angry about his initial involvement with president trump's advisory council and sexual harassment charges of a former employer. >> they say the two aa-- accountants responsible for the best picture blunder will not return. they say they will not be involved in any future oscar shows. the academy president also says the relationship with price waterhouse coopers is under review. collinhan mistakenly gave warren beatty the wrong card causingfaye dunaway it was "la la land" when it was "moonlight" that had won. >> greater help with less money to pay for it. >> we are only able to give food to people for two days and they need it seven days a week. >> a look at the struggle of one bay area food pantry. >> people looking for that

the ceo, travis kalanick being forced to apologize after a video surfaced of him arguing with one ofhe company's drivers. the dash cam video shows kalanick in the back of an uber quarrelling with the driver over the company's fares and treatment of drivers. in an e-mail to staff, kalanick said he was ashamed of his behavior and that he needed leadership help. >>> snap is eyeing a range of $17 to $18 a share for the upcoming ipo. according to sources, underwriters have given some investors those figures which would put the offering above the range and value the company at $25 billion. a final decision on the snap ipo will come later today. >> some advisers said in get in as quickly as you can but get out as quickly as you can. >> famous last words. >> that's the playbook. >>> 5g, ai and the internet of things have been the main topics at the mobile world congress, but another conversation is about donald trump as companies anticipate how the president's policies will impacted m&a, and infrastructure spending. >> i take a very boring, humble view of my role as regulator. we are an inde

. >> reporter: just last month, this video surfaced of uber ceo travis kalanick arguing with an uber driver. the company is also accused of a sexual harassment cover-up. holding today's conference call was a good move, according to some. >> they absolutely had to do something about that and this gives them the best opportunity to reset. >> reporter: uber promises more diversity training, better communication with drivers on how they are paid, and more driver support. >> and if there's any way things can be improved, it's welcomed. >> it needs good management. and right now, we have someone standing in the way of good management who is the founder of the company. >> reporter: kalanick wasn't part of today's call and has no intention of stepping down. uber does plan to hire a new chief operations officer. lisa amin gulezian, abc7 news. >>> you may start seeing some apology ads from pg&e this weekend. their punishment for the company's role in the san bruno pipeline explosion. a judge said the ad must publicize convictions and show how pg&e plans to prevent a similar tragedy. they estim

in a memo to staff, travis kalanick says he's ashamed of the way he acted in this dash cam video.ng his uber driver who was angry about the price of rides. company has also been hit with sexual harassment claims, been sued over self-driving technology, and had one of its top executives resign. ben tracy looks at uber's latest p.r. setback. >> reporter: in a video obtained by "bloomberg news," uber ceo travis kalanick is in the back seat of a car moving to the song. he shakes hanldss with the driver. but things get awkward when kamala accuses kalanick of dramatically slashing uber rates. >> i would -- we started high end. we didn't go low end because we wanted to. we went low end because we had to. >> reporter: he said the fare cuts have caused some drivers to loose faith in the brand. >> i lost i lost $97,000 because of you. you keep changing every day. you keep changing every day. >> hold on a second. what have i changed about black? >> huh? >> what have i changed. >> you changed the whole business. >> what. >> you dropped the price snow on what. >> you started with $20. how much

travis kalanick has emailed uber staff.a stark reminder that i must fundamentally change as a leader and grow up. this is the first time i've been willing to admit that i need leadership help and i intend to get it." it seems less about leadership of a company — more about not being hot—headed and rude to people you've just met and who have the temerity to disagree with you. either way, we're promised some changes. all this is in the context of extensive allegations of sexual harassment that were made by a former uber employee a couple of weeks ago. this is alan greenspan — he was the chairman of the us federal reserve for 19 years, and under four presidents. he's spoken to the bbc‘s "100 days" programme. here he is with katty kay — talking about about donald trump's speech last night. that was not a speech that was meant to be taken literally, because there is double entry book—keeping in the world, and one must ask, how do you fund of various things? there was nothing in there except some vague notions about strong econom

travis kalanick was caught on camera lashing out at one of his drivers.his was his response when the driver said that he lost money from uber's policy changes. >> some people don't like to take responsibility for their own [ censored ] they blame everything in their life on somebody else! good luck. >> travis kalanick sent an apology in a staff memo saying it is clear that this video is a reflection of me and the criticism we have received is a stark reminder that i must fundamentally change as a leader and grow up. >>> now in our healthwatch, new data on epilepsy shows children and teenagers can benefit from the same drugs used to treat adults. doctors in los angeles say the findings offer new hope for young people and their families dealing with seizures. >>> and scientists at the university of pennsylvania reported for the first time that activity in certain regions of the brain may explain why some stories on the internet go viral. doctors studying brain patterns of 80 people could predict which ne articles ended up being shared the most. >>> it is 4:

good luck. >> good luck to you too. >> kalanick issuing a statement about that rant.der is to lead. that starts behaving in a way that makes us all proud. i must fundamentally change as a leader and grow up. the first time i have been willing to admit i need leadership help. i intend to get it. this is the third public relations problem they had in a short or der. sexual harassment claims and the issues of how women are treated. also the #deleteuber movement. people against the travel ban did not think travis kalanick. >> does it hurt them? >> i don't know. that leadership is not good. leaders. people don't want to see that. > >> people are always watching. >> thanks for joining us. i'm christine romans. >> i'm dave briggs. "new day" starts right now. >> this is cnn breaking news. >> we want to welcome viewers in the united states and around the world. you are watching new day. it is thursday, march 2nd. we begin with breaking news. attorney general jeff sessions did not disclose during his confirmation hearings to mewo meetings he had with the russian diplomat. sessi

plus, kalanick gets his close-up, and it is not a good look.ow uber's ceo was caught on a tape handed over to bloomberg. the mobile world congress, net neutrality changes ahead. first to our lead. snap wrapped up its first day of trading thursday. shares closed up 44% from its listing price. it reached a high of just over 24.28.fore closing at $ the maker of the disappearing photo app ended a long tech ipo drought. we caught up with our bloomberg technology reporter alex barinka and sarah frier, who covers snap. >> if you think about the range, typical ipo, 20% to 30%. this one will have more buzz baked in. if you look at twitter, it was, what? 70-plus percent on day one? facebook less than 1%. when i look at trading and how the stock was around that $25 mark all day, it was stable. we saw it selloff towards the end of the day, but it seemed like a decent way to go out. no one is complaining about the ipo for investors. >> it has almost tripled its ipo value, facebook down 31% after one year. twitter, down 10%, now down 65%. talk us through the

travis kalanick the rating a driver. we have been here before. decade ago, wall street was riding high and producing gosling blooms and scandals. how do we make sense of what is going on in the tech world? is the tech bubble about to burst? joining me is max chafkin who has been covering uber. richard edelman and william toan, especially jupiter "vanity fair" and author of "why wall street matters." max, i would like to start with you. one of the things that put uber in the spotlight is this extraordinarily video of released of travis in a cap arguing with an uber driver. this comes on top of the scandal when a female employee wrote a blog saying it is a sexist place to work. it is a combination of nightmares for the company. tell us about the video. max: it has been an extraordinary month for uber. you did not mention the delete uber campaign. this video came to our beat reporter, eric newcomer, it was passed to him by a driver. it is clearly a dash cam video of travis kalanick, the c.e.o. of uber, getting into a spirited debate with a driver. i

plus, travis kalanick gets his close-up, and it is not a good look.ow uber's ceo was caught on a tape in a video handed over to bloomberg. we head over to barcelona and the annual mobile world congress. what the new sec had has to say about net neutrality changes ahead. first, to our lead -- snap wrapped up its first day of trading thursday. shares closed up 44% from its listing price. it reached a high of just over $26. it closed at $24.48. the maker of the disappearing photo app ended a long tech ipo drought. will its debut open the pipeline for other companies? we caught up with bloomberg ipo reporter alex barinka and sarah frier. >> it seems like the sweet spot. if you think about the range, a typical ipo you like to see 20% to 30%. this one will have more buzz baked in. twitter was 70% plus on day one. facebook, glitch, was less than 1%. somewhere in between seems like the sweet spot. when i look at trading and how the stock slithered around that $25 mark all day, it was stable. there was not a lot of swinging going on. we saw it selloff towards

that includes company ceo travis kalanick caught on camera yelling at one of his own drivers over uber lowering its rates. >> what? >> what? >> some people don't like to take responsibility for -- >> [ bleep ]. >> kalanick apologized and promised to get some help. an e-mail to employees said jones did not see a future at uber after kalanick announced he is searching for a new chief operating officer. uber released this prebrief statement. we want to thank jeff for his six months at the company and wish him all the best. >>> uber is putting more testing on the self-driving cars. not everything going smoothly though. internal company documents show humans had to step in for the computer driver at every single mile to keep the cars driving smoothly and to avoid a possible crash. the cars are getting more experience on the road. for the first time, they drove more than 20,000 miles in a week. that happened in pennsylvania and arizona. that is up from just 5,000 miles in january. >> announcer: now your accuweather forecast with mike nicco. >> let's talk temperatures on the peninsula. look a

he was second in command to travis kalanick.not see a future at uber and decided to step down. kalanick was the center of the latest controversy after a tape of him getting into an argument with an uber driver. it was not favorable to him. he says he needs leadership help. the company is facing sexism allegations. it hired former attorney general eric holder to investigate. >>> leaders from the world's biggest economiies dropped a log standing free trade agreement. this happened after the first meeting with the trump administration. the g-20 issuing the statement. we are working to strengthen the contribution of trade to our economies. sounds bland. there is a very key part missing here. this phrase, which was included in last year's formal statement. we will resist all forms of protectionism. this, dave briggs, a role reversal. it shows the influence of the treasury secretary of steve mnuchin and donald trump. usually the united states is goading countries. usually the u.s. insisting you have that last little paragraph saying w

uber ceo travis kalanick is under fire after bloomberg news published a dashcam video of him arguing with and insulting an uber driver in an expletive filled tirade. this is driver fawzi kamel, confronting kalanick about his decision to lower the prices for rides for the company's high-end service, uber black. 97 thousand dollars because of you. i am bankrupt because of you. yes, yes. you keep changing every day. >> hold on a second. what have i changed about black? >> you changed the whole business. you dropped the prices -- >> on black -- [bleep] >> you know what? some people don't like to take responsibility -- >> at town cars? >> good luck. after the video surfaced, ceo amy:after the video surfaced, ceo travis kalanick said -- "to say that i am ashamed is an extreme understatement." uber is also embroiled in a controversy over allegations of sexual harassment. on monday, the head of the engineering department was fired after it emerged he'd failed to disclose that he'd left his previous job at google amid sexual harassment accusations. his departure comes a week after a former ub

kalanick becomes very confrontational with the driver.ed a statement apologizing for the incident saying he treated the driver disrespectfully and that he needs leadership training. the video comes on the heels of several high-profile incidents for uber. last week, a former engineer accused the company of rampant sexism. and many customers were furious about the fact that kalanick was serving on president trump's business advisory council. in response to the outrage, kalanick stepped down from the council. severe thunderstorms are expected to spread across the midwest today. this comes after a string a tornadoes ripped through several states yesterday. take a look at some of the damage. at least three people have been killed, others injured, and several cars scattered all over highways. close to 100 million people are at risk for severe weather through this afternoon. the national weather service reported 22 tornadoes ripped through five different states yesterday. coming up... president trump is expected to release his new travel ban lat

kalanick told him to take responsibility for himself. kalanick is now apologizes to the driver, saying, this is the first time i've been willing to admit that i need leadership help and i intend to get it. >>> we're getting a better idea of the scope of sexual harassment on uc campuses. from january 2013 to last april, more than 100 employees were disciplined in sexual harassment cases. 26 of those cases happened at uc san francisco and that is the most of any campus. about 58% of all reports came from staff members with claims ranging from inappropriate comments to sexual assault. >>> today, san jose state university students are planning to protest a proposed 5% tuition increase. at noon today, students are planning a walkout before rallying on campus in front of the monument near the stay tuned union. in january, university leaders proposed the tuition hike with csu system facing a nearly $168 million budget shortfall. in approved, the tuition increase would take effect in the fall. the csu board of trustees is expected to vote later

mr kalanick says he intends to get leadership help.s the best year since its 23 year history. eurotunnel says net consolidated profit reached £169 million as passenger numbers and freight traffic both saw strong growth. in a worrying reflection of the home health care market the outsourcing firm mitie, is selling its home healthcare business for just £2. the buyer is a private equity firm. it will also receive £9.a5m from mitie to fund the business's trading losses. irn bru maker ag barr is to cut the amount of sugar in some of its best known brands, ahead of a government crackdown on the fizzy drinks industry. the company says more than 90% of its portfolio will contain less than 5g of total sugar per 100ml by this autumn. the uk government plans to introduce a levy on sugary drinks in april 2018. let's look at the markets. the pound has slipped slightly on the dollar after those manufacturing figures came out, what we were talking about earlier today. also president trump made that speech last night, which seemed to have hosted indic

then, uber's ceo, travis kalanick, says he needs help when it comes to his leadership skills. a lot more on what the president said last night, and more importantly, what he didn't say, when "squawk alley" continues. dow's up 245. 90% of the wor's largest supercomputers run on intel? that means you can taka universe of data - in your case literally - and turn it into medical discoveries, diagnostic breakthrohs... ...pi don't know whates colat is. but yes.ngulity. innovation runs on supercomputers... ...and supercomputers run on intel. you are super smart. ♪ and super bu ooh! ufo! false alarm, eyelash! >>> it is set to be the biggest tech ipo in years. snapchat parent company snap inc. pricing tonight, will be trading on the nyse tomorrow. how are we set to capitalize on snap's success? jon fortt is in barcelona. going to be a busy night, jon. >> reporter: yes, it will, carl, but first of all, a question about snap is whether it's going to have the kind of global appeal that will have to really power its growth after the ipo. so, here in barcelona, it's a great place to figure

good luck. >> good luck to you. >> kalanick issuing a statement about that rant.o say i'm ashamed is an extreme understatement. my job as your leader is to lead. that starts in a way to behave in a way that makes us all proud. i must change as a leader and grow up. this is the first time i'm willing to admit i need leadership help and i intend to get it. there is a sexual harassment investigation in the company after high profile women said it was a difficult place to work. also the delete uber incident when uber fans were upset he was advising the president in the business capacity. >> and this. did he tip the driver? you made $6 billion off him. tip the guy. he gave him a few tips. >> four letter tips. >> someone is always watching. >>> mcdonald's now. apps at kiosks and curbside delivery. the apps and kiosks will come later this year. it let's you save favorites for easy ordering. you can order on your phone and read a code to the employee. this is in an attempt to compete with chick-fil-a and chipotle. mcdonald's boasts 75% of the population live within three

>> if you followed the company for the past seven years, one thing you can say about travis kalanick,s pretty unapologetic. he's aggressive. he's pushed into markets where operating uber was actually illegal. and it's been a real no-holds-barred approach to operating a company. so to see him say, "i have to be humble. i have to change the type of leader that i am," say real big shift for them and i'm really curious if he can actually do it at this point. >> sreenivasan: and this is also a company that is not public yet and when it goes-- if it gooz the valuations are staggering. $70 billion is currently where it's at. does this call into question, perhaps, the temperament of this individual and&whether he is the right person to run such a big, global company. >> i think that's right. almost a $70 billion valuation. i think investors as well as employees are wondering, we had this c.e.o. who got us through the really tough early phases. can this person lead us through an i.p.o., where people really want a more even keel? and i think everyone is still asking that question but it's not r

huber ceo travis kalanick has issued an apology after being caught on camera arguing with a driver.anick is seen posting about the company's tough culture before be raging a driver asking about cutting fares. >> you know what? some people don't like to take responsibility. caroline: he released a reaction saying, to say i am embarrassed is an understatement. it is clear this video is a reflection of me and the criticism we received as a stark reminder that i must fundamentally change as a leader and grow up. this is the first time i have been willing to admit that i need leadership health, and i intend to get it. is the latest in a series of embarrassing incidents for the company. thousands deleted their accounts after the company was accused of protesting a strike protesting president trump's travel ban. , along the startups that rally wednesday, is apple hitting an all-time high? one analyst says the stock still has room to run. check out tv on bloomberg. you can check out any of the bloomberg functions. you can become part of the conversation by sending us an instant message

clearly he disagreed with travis kalanick on a lot of issues. i sourced a couple of them.as how drivers were treated, the tipping issue.he supported tipping drivers. another was safety on the platform. he had concerns about the leasing program that encouraged less safe drivers to join uber. there were a number of clear debates within the company on which they seem to be taking different sides. cory: this company is so fascinating. i'm so glad our colleague work -- wrote a book about it. thank you so much. thel to come, marc benioff, ceo of salesforce says the window for deals is closing. an extended conversation, next. ♪ mark: i'm mark crumpton. you are watching "bloomberg technology." a critical built to replace the affordable health care law, president trump arrived on capitol hill looking to sway gop congressmen either fence. or on the the president emerged from the meeting confident house republicans will get the job done. president trump: we had a great meeting and i think we will get a real winner vote.it was a great meeting. terrific people . they want a tremendous