this is someone who has competed against dara khosrowshahi.omeone he has a lot of trust in. when dara is away, as we saw with the case, for example -- dara was in london, dealing with london regulators, at a time when they were in crucial negotiations with soft over softbank -- with softbank over softbank's investment. the guy can't be in two places at once. handsds a next repair of and he needs them to be -- he needs an extra pair of hands and he needs them to be someone he trusts. this is not a case of mark zuckerberg/sheryl sandberg. khosrowshahi is an adult. he has been around the block. he has run a major global corporation. this is about needing an extra pair of hands to get the job done and run operations when dark pressure shockey's around the world -- when dara khosrowshahi's around the world. emily: what about dealing with an exodus of executives, talent, low morale after the year that over has had -- that uber has ha d? >> it's been a terrible year for uber. we know that very well. they need stability. when dara is overseas, they ne

with new c.e.o., dara khosrowshahi, bringing in new they heads and a c.e.o.s try to right the ship. dara khosrowshahi has been an on apologize tour, meeting with angry regulators worldwide and bringing uber's skeletons out of the massivesuch as hack of over 57 million accounts. business fare in 2017? well, it grew. bookings could reach 37 billion for the year, up from 20 billion in 2016. the company lost a massive amount of money. reachar's losses could over $4 billion. so what's on dara khosrowshahi's list in 2018? chair and a new board new directorsmen directors. and don't forget, cutting losses and reducing redundancies. but the legal matters loom largest. uber faces off in court in february. justice department waits its turn, looking into five different cases over and traderibery secrets. but one thing is for sure. year uber goeshe public. instead, it will be the year it its reputation in the court of public opinion. >> that was our one and only eric newcomer of bloomberg. upl, sticking with uber, next, we're going to talk to bill gurley, one of our uber'

so, what's on khosrowshahi's to do list in 2018? a new cfo, a new board chair, and new directors.nd don't forget cutting losses and reducing redundancy. the legal matters largest -- matters loom largest. the u.s. justice department waits its turn, looking into five different cases overpricing, bribery, and trade secrets. but one thing is for sure, 2018 uber goeshe year public. instead, it will be the year it has to rebuild its reputation in the court of public opinion. cory: that was our one and only eric newcomer. sticking with uber, up next, we talked to bill gurley, one of our favorites -- we talk to bill gurley, one of our favorites. is liverg technology" streaming on twitter. this is bloomberg. ♪ loomberg. ♪ benchmark is one of uber earliest investors. bill gurley has stepped off the uber board earlier this year, but he is still vocal about the company. benchmark is one of uber earliestbloomberg's emily change with him and new vendor -- him in november. bill: i know through my own conversations with dara that he is getting good advice and help from travis. when i look at the

he has worked for and competed with khosrowshahi in the online travel sector.t is an interesting move considering the other uber news out wednesday, the european top court has officially rolled the service should be regulated as a transportation company rather than a digital company. the ruling is aimed at uberpop which allows people to pick up passengers, the equivalent of uberx. we spoke with the capital managing partner from london along with bloomberg technology 's eric newcomer. eric: he has a long history with khosrowshahi. i think that is definitely helpful. this is sort of a loyalist you can bring in, a trusted hand. so i think that is part of it. barney did a really good job at orbitz. it was a debt laden company. he was able to get a good exit of $1.6 million. selling it to expedia. and then, you know, the experience at orbitz and the expedia marketplace is relevant to uber. so, it is relevant expertise, having a good relationship already with the ceo, then he t advisor role since october to feel the company out a little bit. emily: there were a serie

what is on khosrowshahi's to do list? -- cutting losses and redundancies.tters little large. uber faced off in court over self driving technology. into five different cases overpricing, bribery, and trade secrets. one thing is for sure, 2018 will not be the year uber goes public. instead it will be the year it has to rebuild its reputation in the court of public opinion. we will look at what is in store for amazon in 2018 the role of alexa will play in their plans. check out bloomberg markets on the radio. check out our coast to coast podcast on itunes. xm radioe sirius station. this is bloomberg. ♪ ♪ cory: amazon could be the biggest winner this holiday season. they sold tens of millions of amazon alexa and able devices. echo. -- they said 4 million people started amazon prime free trials or paid memberships in the week over the holidays. we discussed this with our market analysts. they said there talked to anding items was the echo, a fire stick. they want to get more of these devices out. how many more of a and able devices are there? alexa devicesfor yo

with new ceo dara khosrowshahi bringing in new legal heads and a new coo to try to right the ship.regulators worldwide in bringing uber's skeletons out of the closet. of 57 million accounts of having covered up for more than a year. so how did uber's business fair in 2017? well, it grew. gross bookings could reach 37 billion for the year. that is up from $20 billion in 2016. still the company lost a massive , amount of money. figure's losses could -- the year's losses could reach over what is on khosrowshahi's to do $4 billion. list in 2018? a new board chair, and new directors. and don't forget, cutting losses and reducing redundancy. that legal matters little large. uber faced off in court over self driving technology. and the u.s. justice department wages its terms, looking at the five different cases of overpricing, bribery and trade , secrets. one thing is for sure, 2018 will not be the year uber goes public. instead, it will be the year it has to rebuild its reputation in the court of public opinion. up, we will take a look at what is in store for amazon and 2018, and discuss

in a blog post khosrowshahi writes, harford served as an adviser with uber since october. be able to hit the ground running in january they also worked together at expedia in the past. this is a big position to fill keep in mind there are still plenty of high level executive positions dara will need to feel including cfo. he does have an extensive network. another uber story we're following, a ruling from european court of justice classifying uber as a taxi company and not digital platform that is an important distinction and could have major ramifications for how uber is regulated and how it's able to operate in europe and the way it treats its drivers that decision can't be appealed but uber said it won't change things in most eu countries where we operate under transportation law still, uber has been trying to overturn such rules and licensing requirement arguing it's not a transportation company. ecj says in its judgment uber must be regarded as forming an integral part of the overall service whose main component is service, not classified as online platform. the decis

so what is on khosrowshahi's to do list in 2018? a new cfo, a new board chair, and new directors.ting losses and reducing redundancy. but the legal matters gloom -- loom largest. uber and alphabet face off in court over self driving waymo technology. and the u.s. justice department wages its terms, looking at the five different cases of overpricing, bribery, and trade secrets. one thing is for sure, 2018 will not be the year uber goes public. instead, it will be the year it has to rebuild its reputation in the court of public opinion. ♪ cory: coming up, we are going to take a look at what is in store for amazon in 2018, and discuss the role of alexa will play in the e-commerce giant's plans. check out bloomberg markets on the radio. you can check out our coast-to-coast podcast on itunes. and you can listen to the bloomberg radio app, bloomberg.com, and in the u.s. on the sirius xm radio station 119. this is bloomberg. ♪ ♪ cory: well, amazon could once again have been the biggest winner this holiday season. the tech titan sold tens of millions of amazon alexa enabled devices during

what do you think uber is worth with dara khosrowshahi as ceo?im: i and very excited to have dara in the seat. i think he is an excellent choice. i think the market will tell us what the values are overtime. if uber continues the growth that it has exhibited so far and continues to broaden what it does, uber eats is a fascinating idea, doing really well. i think there is an exciting path ahead for uber, but it has a lot to clean up. so, i will come on the values today, but i think, if it has the success that we believe it can under dara, success may surprise us all. emily: interesting that you mention uber eats. what do think the potential is for that? deliveryink local starting with food, packages, etc., is a truly interesting issue. you see amazon struggling with it. you see retailer struggling with it. once you get a network effect, what can you deliver? i'll be enough, the delivery of people may be the most difficult thing. maybe there is more we can deliver in more markets around the world. emily: what do you think travis kalanick's role sho

what do you think uber is worth with dara khosrowshahi as ceo?im: i am very excited to have dara in the seat. i think he is an excellent choice. i think the market will tell us what the values are over time. if uber continues the growth that it has exhibited so far and continues to broaden what it does -- uber eats is a fascinating idea, doing really well -- i think there is an exciting path ahead for uber, but it has a lot to clean up. so i won't comment on the values today, but if it has the success we believe it can under dara, it surprise us all. emily: it is interesting that you mention it uber eats. what you think potential is there? jim: local delivery starting with food, packages, etc., is a truly interesting issue. you see amazon struggling with it. you see retailers struggling with it. once you get a network effect, what could you deliver? oddly enough, the delivery of people might be the most difficult thing, and that is where uber started. maybe there is more we can deliver in more markets around the world. emily: what do you think tr

this is not something that dara khosrowshahi would've wanted.ems like a forced error for the company and embarrassing if you screw up your paperwork and it knocks you out of an important market. that is not a good look. that dollar has been to london to work on the licensing issue there. how does this reflect on his short tenure there? a much of a honeymoon. does he get? so much of what is happened since he got there, you can date it back to the travis kalanick regime. was the head of their u.k. operation, who had been there when london took away the license. you can put this on travis callan it. monthsl have a few before people start to blame dara, but it is an unforced error. >> same time uber is getting a goodlifet, this is not for the singapore grand prix. it looks to be a situation where uber is retreating. do you see a broader pattern, again, emerging here? max: two things are going on. been on this long march to take over the world. they planned on dominating every market. beginning with the deal in china, they have been on the retreat, c

what do you think uber is worth with dara khosrowshahi as ceo?ery excited to have dara in the seat. i think the market will tell us over time. if uber continues the growth that it has exhibited so far and continues to broaden what it does, uber eats is a fascinating idea, doing really well, i think there is an exciting path ahead for uber, but it has a lot to clean up. i won't comment on the values today, but if it has the success that we believe it can under dara, success may surprise us all. emily: would you think the potential is for uber eats? jim: local delivery starting with food, packages, etc., is a truly interesting issue. you see amazon struggling with it. you see retailer struggling with it. once you get a network effect, what can you deliver? maybe there is more we can deliver in more markets around the world. emily: what do you think travis kalanick's role should be at the company? jim: i think the board will decide that. emily: so he is on the board. some people think he should not be on the board at all. jim: i think the board and

but no doubt that some of these other issues will play into some of the negotiation that dara khosrowshahi has >> we have a fascinating guest coming up. one of the most intriguing areas of technology is augmented reality, ar, which combines the real and virtual world companies are looking to figure out the ar business potential and look at new products that take advantage of it our next guest mixes ar with robotics in the red hot tech field cylus joins us on the show this is an exciting space. can i tell viewers that you actually brought in one of the robots >> yes >> hopefully you can give us a demonstration of this. >> i'll show you quickly >> goodness. >> you can see -- >> what is that? >> this is a game in robots, you can have a video game character in real life this allows you to have robots with personality this robot is about to die very, very animated of course. they can express themselves quite well >> he just died. >> yeah. it's a very realistic game and experience >> tell me more about your country, what sort of products you're creating. >> what we are doing is combining robotic