up, more from the laguna beach conference.is confident that disney's portfolio of super hero films will pack a punch in the coming months. this is bloomberg. ♪ is this a phone? or a little internet machine? it makes you wonder: shouldn't we get our phones and internet from the same company? that's why xfinity mobile comes with your internet. you get up to 5 lines of talk and text at no extra cost. so all you pay for is data. see how much you can save. choose by the gig or unlimited. xfinity mobile. a new kind of network designed to save you money. call, visit, or go to xfinitymobile.com. emily: welcome back to the best of bloomberg technology. the name of the game at cisco the last few years has been transition on legacy hardware to software and services. the push has been led by the ceo chuck robbins. i caught up with him at the wsj conference in laguna beach and asked about cisco's role in building the city of tomorrow. what we see happening around the world whether it's a company, a city, a country, technology is at the hea

coming up, more from the laguna beach conference.ger is confident that disney's portfolio of super hero films will pack a punch in the coming months. this is bloomberg. ♪ emily: welcome back to the best of bloomberg technology. the name of the game at cisco the last few years has been transition on legacy hardware to software and services. the push has been led by the ceo chuck robbins. i caught up with him at the wsj conference in laguna beach and asked about cisco's role in building the cities of tomorrow. >> what we see happening around the world whether it's a company, a city, a country, technology is at the heart of every strategy. cities are no different. whether it's meeting the objectives cities have around revenue generation or solving some of the problems they have like parking or like lighting costs, etc., all of those can be solved or achieved through the use of technology. a quick example, 20% of the lighting costs in the world are 20% of the energy costs that come from lighting. by connecting these lights and controllin

coming up, more from the laguna beach conference. predecessor john chambers legacy as he plans to depart the company. the movie business may be in a world of trouble, but bob iger is confident that disney's portfolio of super hero films will pack a punch in the coming months. this is bloomberg. ♪ ♪ i'm done. done with figuring it out for myself. i'm done with surprises. i'm done with complicated. if you're on medicare, and ready to be done with complicated, turn to unitedhealthcare and our medicare advantage plans... like aarp medicarecomplete. these plans can combine your hospital and doctor coverage, with prescription drug coverage and more, all in one plan for a low, or even no, monthly premium. so call now.lan for a low, or even no, monthly premium. so call now. we can answer your questions, even help you enroll. i deserve to get the most out of my plan. we'll make sure your doctors are all connected, you know what your copays are... and you can save on prescriptions; plan members saved an average of over 5000 dollars last year.

a wall street journal conference kicked off in laguna beach california. -- laguna beach, california.r vips in attendance was the facebook vp of messaging products. withzuckerberg is credited bringing a payment product to the messenger platform. marcus toup with discuss just how much money the company is putting into advertising. >> we do not break out revenues for specific roddick's, but i can say that it is still very early in the development of messenger as a business for facebook. the early signs are promising. if you are a business, and you build in experience inside of messenger that is the right type of experience, and you redirect people either from the facebook a conversation inside of messenger, then you will increase your business objectives. that is a good sign that we will enable more businesses to be able to create more conversations with their customers and generate new .evenues i have tons of examples for you. a good one to share is that t-mobile is now sharing -- now selling it plans on messenger. we have seen a huge convergence increase with traditional web experienc

up, cisco ceo chuck robbins joins us from laguna beach.his thoughts on the company's push into software. if you like bloomberg news, check us out on the radio. you can listen on the bloomberg radio app, and on sirius xm. this is bloomberg. ♪ who knew that phones would start doing everything? entertaining us, getting us back on track, and finding us dates. phones really have changed. so why hasn't the way we pay for them? introducing xfinity mobile. you only pay for data and can easily switch between pay per gig and unlimited. no one else lets you do that. see how much you can save. choose by the gig or unlimited. xfinity mobile. a new kind of network designed to save you money. call, visit or go to xfinitymobile.com. mark: i am mark crumpton in new york, you are watching bloomberg technology. let's begin with a check of first word news. senators averaged a deal to shore up obamacare markets. a tennessee senator and washington state senator will continue federal subsidies to insurers for two years. >> i have pleased in the hearings of the s

the will be live at conference in laguna beach, california.his is bloomberg. ♪ ♪ shery: welcome back. i am shery ahn. david: and i am david gura. let's get a check on first word news. >> it worked -- a worker in hartford county killed three coworkers. they are looking for the shooter who they had been a five. officials did not release a motive for the shooting. attorney general's jeff sessions told senators today he will not discuss what he called confidential conversations he had with president trump, testifying before the senate judiciary committee, he said that he is allowed to have private conversations with cabinet secretaries. toldrs of the committee sessions they intend to press him about conversations they have -- that have been had with the president especially around the firing of james comey. that thean says independence of catalonia depends on the prime minister trying to dissuade the leaders to back down to avoid confrontation. global news 24 hours a day, powered by 2600 journalists and analysts in more than 120 countries. shery:

for this week, top business leaders are gathering at the conference in laguna beach. with max. he found paypal. in my interview with him, i asked about the trend he is seeing in the lending arena now. take a listen. >> we are just about ready to -- enter this new market where companies good at managing ,isk, smart at reserving setting up for long-term success will pick up stragglers who don't have capital or management teams, are not ready to take on risk management demands and regulatory demands. emily: what do you see happening with predatory lending for example? max: i think the promise of fintech, what we have all come here to do is get rid of predatory lending. it is to shine a spotlight on what is the wrong way of doing this, bringing more acts of into the darker reaches of the pawn shop's. i think the opportunity is still there. we are all working on it very hard. the dense has been made, but it is small. , but it is been made small. a lot of people have no access to credit. emily: talk about the newest development and how you are trying to combat these trends.

that is the market snapshot. ♪ "the wall street journal" conference kicks off in laguna beach, california leader in attendance, facebook vice president of messaging platforms, david marcus recruited , personally by facebook ceo mark zuckerberg, marcus is credited with updating the tech giant's messenger product. i caught up with him and started by asking how much revenue the company is driving into advertising. david: we do not break revenues for specific products. but it is still very early in the development of messenger for facebook. the early signs are promising. basically if you are a business and you build inside of messenger, and you redirect people from either a facebook ad, an instagram ad, or now in messenger ad in a conversation, you will increase your business objectives. that is a very good sign that we will be able to enable more and more businesses to create conversations with their customers and generate new revenues and basically grow their business. i have tons of examples for you, a good one to share for , instance, t-mobile is now selling data plans and devices on mess

we speak exclusively to media and wellness mogul arianna huffington from laguna beach with what she has to say about how to approve -- improve workplace culture. major developments in the fourth round of nafta talks, what we are learning about canada and mexico's response to the latest proposals from the u.s., and what it means for the future of this trade deal. details just ahead. julie hyman joining me, the dow what one point surpassing 23,000. not anymore. julie: that was of course a record. all three major averages were at record yesterday but they are sort of drifting today as attention is turning to individual stocks and their earnings reports. i want to take a look at this march towards 23,000, even if we do not quite maintain that level. we have the lines at the various 1000 point intervals for the dow. it is the sixth time we have moved 1000 points over the past 12 months and the fifth time since the election. it has been at pretty regular intervals. we have seen the dow stall out several times once it has climbed to those big round numbers. we have some significant dow movers,

leaders and tech leaders are debating the topic at the wall street journal's live conference in laguna beachlina wang is there with a very special guest. with jennyting here lee, managing partner at ggv capital here in laguna. all eyes are on the chinese communist party congress, the expectation is that xi jinping will consolidate power and the next leaders will be chosen. what are expectations for what the outcome will be on china's tech sector? jenny: it is a congress we are paying close attention to. from a technology perspective we look at broad trends. is there definite support for state-owned companies versus private enterprise? that is one. we are also looking at policies regarding censorship on social networks, which is also a bear -- is also a big area. along with, more supporting measures for policies or subsidies around the electric car area, transportation, another growth area in china. is there more support for autonomous? we're also looking for other trends around the ai trend. in china we call it ai plus. the government is intricately involved in growing these new areas. selin

my exclusive interview with arianna huffington from the wsj tliv tech conference in laguna beach, californial sit down with facebook's head of messaging to find out how he plans to make it the default messaging app. after a summer of disappointment at the box office, disney

we speak exclusively to media and wellness mogul arianna huffington from laguna beach with what she hasrove -- improve workplace culture. major developments in the fourth round of nafta talks, what we are learning about canada and mexico's response to the latest proposals from the u.s., and what it means for the future of this trade deal. details just ahead. julie hyman joining me, the dow what one point surpassing 23,000. not anymore.

does it for this edition of "bloomberg technology, tomorrow we travel to the western journal in laguna beache talking to arianna huffington one of the bloomberg board members. see you then. ♪ who knew that phones would start doing everything? entertaining us, getting us back on track, and finding us dates. phones really have changed. so why hasn't the way we pay for them? introducing xfinity mobile. you only pay for data and can easily switch between pay per gig and unlimited. no one else lets you do that. see how much you can save. choose by the gig or unlimited. xfinity mobile. a new kind of network designed to save you money. call, visit or go to xfinitymobile.com. ♪ from our studios in new york city, this is charlie rose. ta-nehihassee coats -- is here with a book of essays written during the obama era. his first essay called "the first white president" was featured in this year's "atlantic monthly". he has won many awards including the macarthur genius grant. the new york times calls him the preeminent jour

arianna huffington from the wsj tliv tech conference in laguna beach, california.n with facebook's head of messaging to find out how he plans to make it the default messaging app. after a summer of disappointment

on tuesday, we travel to a conference in laguna beach, california. with arianna huffington one of the bloomberg board members. 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.

i will have an exclusive interview with arianna huffington from the conference in laguna beach, californial sit down with toebook's head of messaging find out how he plans to make it the default messaging app.

could fireproof your house, get that picture, have your guys it, the only how house standing in laguna beach from my house. host: dave from irvine, california, offering thoughts on wildfire.ornia the house of representatives today, debate on a bill looking whistleblowing, more activity as the house of representatives comes into session. the speaker pro tempore: the house will be in order. the chair lays before the house a communication from the speaker. the clerk: the speaker's rooms, washington, d.c. october 11, 2017. i hereby appoint the the clerk: the honorable dan new house to act as speaker pro tempore on this day. paul d. ryan, speaker of the house of representatives. the clerk: pursuant to the order of the house of january 3, 2017, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate. the chair will alternate recognition between the