why is was time for anthony levandowski to go.nd the new phone of essential and how it stacks up against apple and samsung. first, to our lead, president trump has announced the united states will withdraw from the paris climate pact, and that he will seek to renegotiate the international agreement in a way that treats american workers better. pres. trump: i am willing to immediately work with democratic leaders to either negotiate our way back into paris under the terms that are fair to the united states and its workers, or to negotiate a new deal that protects our country and its taxpayers. emily: the tech industry has already responded to trump's announcement. tesla ceo elon musk announcing his departure from the president's council with a tweet saying, "i am departing the presidential council. climate change is real. leaving paris is not good for america or the world." we spoke to colleen regan from the bloomberg energy finance team and david kirkpatrick about the impact of this decision. david: the gap between president trump

a judge said levandowski had to turn over those files.r told him he had to turn over the files and he declined to comply, perhaps because something about them was incriminating. it is interesting, it turns what has really been a two-party case into almost a three-party case. we now have waymo versus uber and anthony levandowski off on his own. emily: how does this impact the case? does this hurt uber's case or help waymo's case? >> it's hard to say. they are waiting for whether or not this will set the criteria the judges set up for the injunction. the judge could say, uber, you fired levandowski, and he said previously that waymo's case was strong, but he said there was no "smoking gun." it seems like uber's lawyers know what they are doing. this might be good for them, but right now it is really unclear. emily: is there any chance levandowski could be personally prosecuted here? >> i do think there is a criminal case. he also has a prior case waymo filed against him prior to the february lawsuit against uber. he hired his own lawyers af

we now have waymo versus uber and anthony levandowski off on his own.ly: how does this impact the case? does this hurt uber's case or hurt waymo's case? >> they are waiting for whether or not this will set the criteria of the judge set up for the injunction. the judge could say uber, you fired levandowski, and he said previously the case was strong, but he said there was no "smoking gun." it seems like uber's lawyers know what they are doing good right now, it is really unclear. emily: is there any chance levandowski could be personally prosecuted here? >> i do think there is a criminal case. he also has a prior case waymo filed against him prior to the february lawsuit against uber. he hired his own lawyers after that lawsuit, criminal defense lawyers, so that is a likelihood as well. emily: levandowski argues he has been forced to choose between his job and his constitutional rights. does he have an argument there? >> i am not a legal expert, but perhaps. emily: uber's driverless car efforts? what does it mean for them? >> he has been replaced as the

whatever you find out about anthony levandowski, do not tell us.have changed the tide, but it is through trickery or tricky lawyering. emily: what can you glean about uber's trial strategy going forward? joel: they have come out with a their strategy. they have laid it out now, the theme they represent to a jury, look, we are guilty of hiring anthony levandowski. you can see how that would play with the jury. that is what they did. dirty as the guide may be or seem, the lawsuit is not against anthony levandowski, it is against uber, the defendant. emily: joel, thank you. giving us all the juicy details from inside the courtroom. david kirkpatrick, you are staying with me. coming up, we dig deeper into the nasdaq's selloff. aztec reaches skyhigh valuations, our markets going to pull back? if you like bloomberg news, check us out on the radio, the radio app, bloomberg.com, or on sirius xm. this is bloomberg. ♪ so new touch screens... and biometrics. in 574 branches. all done by... yesterday. ♪ ♪ banks aren't just undergoing a face lift. they're under

emily: is there any chance levandowski could be personally prosecuted here?do think there is a criminal case. he also has a prior case waymo filed against him prior to the lawsuit against uber. he hired his own lawyers after that lawsuit, criminal defense lawyers, so that is a likelihood as well. emily: levandowski argues he has been forced to choose between his job and his constitutional rights. does he have an argument there? expert, buta legal perhaps. : uber's driverless car efforts? what is it mean for them? >> he has been replaced as the head of the driverless car division from carnegie mellon. -- onered other folks from the university of toronto started the ai lab in toronto for uber. the risk is the optics of this look so bad that it is going to be increasingly difficult for uber to higher folks and talent is the name of the game right now. emily: there is a public trial on track for october. what is next here? mark: two brad's point -- to brad's point, self driving cars are not on the road tomorrow. is a chance uber may turn more into a partnership m

why is was time for anthony levandowski to go. and there is a new phone on the block. hear from the coo of essentia

why is was time for anthony levandowski to go.

why is was time for anthony levandowski to go.ne of essential and how it stacks up against appl

. >> i think the levandowski news was the biggest news of uber of the week.back for uber and's driverless ambitions. he was a big part of why they spent $700 million on auto. he is gone. some of the people loyal to him are walking out the door. waymo has a chance to come ropes onack from the driverless ambitions a long way now. emily: amazon crossing $1000 a share this week. it did not stay there. >> everybody loves amazon now, a lot of people. emily: amazon is the company everybody loves to love right now. >> they are looking at e-commerce. they are dominating e-commerce. they are killing the retail industry and there's still a long way to go. not just in terms of them selling you stuff but how they get it to you. drones, their holy just it effort. there is a lot -- their whole logistics effort. cloud commuting, and they seem to be running away with it. microsoft, google, oracle wants to get into the act and give amazon a run for their money. they are so far ahead. we have not even talked about hardware, the echo, and the entertainment business they are inve

laid it out, the theme that they will present to a jury, which is we are guilty of hiring anthony levandowskican see how that would play with the jurors. med of as dirty as the guy seem, the lawsuit is not against anthony lindau ski, but it is against the uber. you.: joel, thank david kirkpatrick, you are staying with me. coming up, we dig deeper into the nasdaq's selloff. our markets -- will markets fullback? if you like bloomberg, you can listen on the radio. this is bloomberg. ♪ so we need tablets installed... with the menu app ready to roll. in 12 weeks. yeah. ♪ ♪ the world of fast food is being changed by faster networks. ♪ ♪ data, applications, customer experience. ♪ ♪ which is why comcast business delivers consistent network performance and speed across all your locations. fast connections everywhere. that's how you outmaneuver. so new touch screens... and biometrics. in 574 branches. all done by... yesterday. ♪ ♪ banks aren't just undergoing a face lift. they're undergoing a transformation. a data fueled, security driven shift in applications and customer experience. which is why comc

emily: there are new allegations travis kalanick knew that anthony levandowski stole files from alphabetear ago. what do we know about this? eric: we are still learning. that came from waymo. a lot of questions will be asked about what travis knew, when. it will be a continuous theme as we go forward, figuring out why he would buy this company where it seems like in retrospect, there were so many red flags. emily: interesting. i know you will get right on the phone after this for new information. thank you. emily: we bring you an exclusive interview with a rocket internet's oliver samwer, what he says about delivery heroes ipo and of the european tech scene. check us out on the radio, the bloomberg radio app, bloomberg.com, and sirius xm. this is bloomberg. ♪ emily: large european companies meet startup founders at the national -- international noah conference in berlin. excitement around a food startup, delivery hero. caroline hyde caught up with a -- one of europe's most famous investors rocket internet's , oliver samwer. rocket owns a 35% stake in delivery heroes? samwer must be eager

why is was time for anthony levandowski to go.

levandowski is at the center of a legal dispute over the technology with his former employer, google, alphabet. why was he fired? >> so, on may 11, the judge in san francisco issued a partial preliminary injunction, which required someone to turn over some paperwork on exactly the plans leading into the self driving tech at uber. either uber had to turn it over or the engineer had to turn it over, and if nobody was going to do so, it required that the engineer's job would be threatened. no one turned over the paperwork. there was a deadline till june 15. but the company apparently made the decision today that it was going to part ways. >> the latest reading of the factory floor in china shows manufacturing holding up in -- holding up and even beating estimates. pmi at 51.2, matching april, showing the economy is maintaining some form of momentum. >> the main number is steady as she goes. really to see what is going on, you need to look at the sub readings. there is interesting stuff going on there. two trends -- is the pmi number one is broken down into three categories -- large, medi

we've seen this big showdown between google and uber when it comes to anthony levandowski.ou describe the competition for talent behind the scenes? adam: it's definitely really hot. a fantastic time to be in the field. because ai is affecting so many different industries, it's going to be more than any one person. it's going to take thousands of people to really make this happen. i'm pretty grateful that baidu has attracted a lot of that talent already. emily: how do you see some of these other products being integrated into the self-driving platform? adam: once you are into automated driving, i think things like voice recognition and having a natural experience is fantastic. i think increasingly all of these smart devices are moving not just from being in our homes, but also in the automobiles and other places that we spend a lot of our time and that convenience and naturalness is going to be critical to the future of how we interact with technology. emily: adam coates, director of baidu's silicon valley ai lab. thank you so much for stopping by. david kirkpatrick, techono

they hired anthony levandowski last august do head self driving cars, something he did at google.him not to take sensitive material with him, and he agreed. plenty more to come with asia's first market open minutes away. let's get the latest with sophia -- sophie. >> we could be looking at a lackluster end of the week in asia. we had banks lower in the wake of the fed stress test. a rise in health care stocks after republican lawmakers revealed a draft to replace obamacare. slight gains in tokyo and sydney. that is what we are watching when trading gets underway in australia, japan, and korea moments from now. this i tepid friday after wall street closed essentially flat. gold up. a little less stress. although morgan stanley trails once again. theresa may avoids an early fight with europe saying e.u. citizens are welcome to stay after brexit. the senate republicans launch a new health care bill. the top party figures cry fowl. it's. already on life support this is the second hour of daybreak asia coming live from hong kong where it is just past 8 a.m. betty: coming to you live fr