caroline: margrethe vestager there. threats remain a major concern for business and government agencies. this week, we got reports that mario draghi and matteo written rinzzi were among those hacked. our next guest says it is time to build a better internet. he is cloudflare ceo matthew prince. >> we have seen what 2017 will bring, large cyber attacks against firms, then attacks against presidential campaigns. they were a big part of the and we don't see that decreasing in 2017, so we are busy at cloudflare. caroline: does it matter particularly where they are coming from, regions, groups? we always seem to be saying china, russia, but there are many different countries. attacks are incredibly democratize. we see some of the largest attacks by what turns out to be 15 kids in the u.k., while at the same time nation state actors as well, so it is hard to attribute to the attack is being launched by. we often have circumstantial evidence based on who is reading attack, but regardless, we want to be able to stop it. spots w

s competition commissioner margrethe vestager there.eats remain a major concern for business and government agencies. this week, we got reports that both mario draghi and matteo renzi, the former prime minister of italy, were among those hacked. our next guest runs a fast-growing cyber security firm with customers in more than 50 countries. he says it is time to build a better internet. he is cloudflare ceo matthew prince. matthew: i think we have already seen what 2017 will bring, large cyber attacks against firms that brought down substantial amounts of the internet, then attacks against presidential campaigns, they were a big part of the story in 2016, and we don't see that decreasing in 2017, so we are busy at cloudflare. caroline: when you are seeing the attacks coming in, does it matter particularly where they are coming from? have you identified specific regions or groups? we always seem to be saying china, russia, but there are many different countries. matthew: one of the things that is amazing about cyber attacks is they are i

caroline: that was the competition commissioner, margrethe vestager.ith me as michael wolff. you believe europe is leveling the playing field? michael: european regulators are missing the big picture. the big picture here is that it is going to be hard to regulate these companies, and expect there is not going to be, there is not going to be somebody who succeeds them. if you look back to what happened in 2009 with microsoft, microsoft had to un-bundle its internet explorer from its main product. as a result, and for other reasons, we have google chrome, -- the dominant operating system. every time regulators take apart a technology product, all the are doing is allowing for another big technology company to step in. this is really not about competition. it is about favoring one company over the other. caroline: when you are saying, looking at the playing field, looking at how europe is evolving itself, is there any competition, any growth of any rivals that could take on silicon valley? michael: it is hard to imagine that anybody could compete with th

competition commissioner margrethe vestager on the e.u.'s case on apple's technology.now. this has been bloomberg. . ♪ oliver: welcome to "bloomberg businessweek." i'm oliver renick. the diplomatic game vladimir putin is playing with the president-elect. that is on top of his national security advisor, an alleged connection. that is all this week on "bloomberg businessweek." ♪ oliver: we are with bloomberg businessweek editor megan murphy. let's talk about the opening