emily: john doerr, chair of kleiner perkins, out with a new book called "measure what matters." handbook at whatmatters.com. emily: great to have you. the european union's general data protection regulation goes into effect may 25, but how exactly does gdpr work, and does it have a chance of inspiring similar laws in the u.s.? bloomberg's "quick take" gives you all you need to know. >> you may have seen a few of these pop up in your email. google, facebook, go daddy, tesco, h&m, and many more are updating the policies to give consumers more control over their personal data. those updates are thanks to a new law governing data privacy. gdpr only applies to people who live in the european union, but its adoption is largely expected to have americans asking, why don't we have that? here is how data collection currently works. when you sign-up for facebook, you have to click a box agreeing to the company's terms. those terms give facebook the right to track your online activities even if you are not actively browsing facebook. facebook allows third parties to access this. >> consume

. ♪ emily: mary meeker of kleiner perkins presented her internet trends report for 2018 at the code conference some key takeaways. people are increasingly spending more time online. in the u.s., adults spent 5.9 hours online, up from 5.6 a year before. 2017 marks the first year in which smartphone unit shipments did not grow. it was a banner year for voice controlled products like the amazon echo and payment adoption -- mobile payment adoptions. europe is becoming increasingly competitive with silicon valley when it comes to building successful tech companies. that's according to john collison, cofounder and president of the payment company stripe. i caught up with the brothers in the latest edition of bloomberg's "studio 1.0" to talk about how the startup built into a billion-dollar behemoth. we talked about competition and the lack thereof. >> i think there is a desire to set these things up as stripe versus banks, and x versus y whenever there is a narrative. a large fraction of the time when people are building businesses on stripe, they are building businesses on white space as opposed to