bloomberg's mark gurman, thank you for joining us. it for this edition of "bloomberg technology." daybreak:, "bloomberg australia" is next. stay tuned. i'm emily chang. ♪ >> welcome to "daybreak: australia." i'm haidi stroud-watts in sydney. we are counting down to ages major market open. >> good evening from new york, i'm shery ahn. >> u.s. stocks complete their fastest ever return to your record, topping february highs for the first time since the coronavirus upended the market. the s&p 500 capping a rally from march low.

mark gurman, who covers apple for bloomberg. ier in the show, we were talking about how apple is accusing epic of wanting a special deal. here, you see them cutting a special deal with amazon. how do we make sense of that? was: so, the deal that epic asking for is the ability to have its own epic-branded app store on ios. that would make it the only company other than apple that is able to offer an app store on apple devices. different tiers of the special deal with amazon is a percentage. it is them getting a 50% revenue 15% revenue share versus 30% of what others are getting. the difference here is that in this case, apple was doing what it needed to do to get amazon prime to be on its platform. that's the reason why people might buy an iphone, ipad or apple tv. they looked at more like a business relationship. they look at amazon differently than any other developer, including epic games. i'm not saying that is fair. i don't think it is fair but that is the rationalization. emily: so, what has the pushback been from others who

mark gurman, thank you for stopping by.n is looking to achieve net zero carbon by 2040 adding 1800 electric delivery vans to its european fleet. this on top of 100,000 electric cars that are supposed to hit the streets in the u.s. next year. kara hurst, amazon's head of worldwide sustainability, joins us to talk more insight into the partnership. >> we are really excited to have more than 1800 electric vehicles from were cities bends. they will begin making deliveries to customers in europe this year. this is part of our overall initiative from the climate pledge which mercedes-benz is joining. it is another big exciting thing we would love to talk more about. our mission to meet the paris agreement goals and to become net zero carbon by 2040. emily: tell us about that plan to get t net zero carbon one ful decade of the paris accord. kara: we think science is telling us that urgent action is needed on climate change. we know this from what we are seeing both of the pace of climate change accelerating on the planet and the e

let's get more details from mark gurman. the comes at a time when u.s. into these antitrust complaints. who is likely to win? mark: that is an interesting question. epic makes a good argument. they are basically enforcing the same rules they typically enforced on everyone, but epic really makes a good point here that apple does not allow any reliable app stores on the iphone and when you use apple store you have to give that 15% to 30% cut. right, so what do we see as being the outcome of any kind of legal challenge here? mark: it is unlikely a think looking from the get go that epic is going to win. monetarynot asking for damages, not asking for an exception. they are asking for apple to change its rules for everybody and that would be a lawsuit. shery: does that mean we will see more apps joining in this fight as well, really not wanting to pay, trying to circumvent those fees? mark: i don't think so. i think we would have seen developers who were putting up this fight. epic games has been talking about this for months already if not years. spotify has

emily: ok, mark gurman. thank you so much.up, we will be talking about which startups stood out on this year's y combinator demo day. this is bloomberg. ♪ experience the ultimate sports hub. where you can find games, news and highlights. all in one place, right on your tv. the xfinity sports zone. use your voice to search every stat and score. follow the teams you love. and, even get notifications with breaking news alerts and more. with the xfinity sports zone everybody wins. now that's simple, easy, awesome. say xfinity sports zone into your voice remote today. emily: this is "bloomberg technology." one of the world's most prestigious technique inventors, y combinator, is wrapping at summer demo day fully online it's -- this year. they come to seek funding at the biannual event. some of the biggest companies include dropbox, airbnb, doordash and twitch. joining us to discuss the most promising companies this year and how it all went, y combinator partner dalton caldwell. good to have you back on the show. so, there's always

gurman,ll right, mark thank you so much for getting us those scoops today and joining us to wayne. chat tiktoke downplaying the looming threat of a ban in the united states. could have a big impact on companies like apple. we will discuss, coming up. that is next. this is bloomberg. ♪ emily: highest revenues in two pandemic-induced surge in business, for the massive conglomerate coming to turns with what a ban on u.s. servicens of its wechat could mean for its business. that along with tiktok and a national security concerns by president trump. thank you for joining us. 83 days to go until the election. what do you think trump is trying to accomplish with all of this? >> well, there's a lot of things going on. there are long-standing legitimate concerns about china that the trump administration has been working on. but it is unavoidable that the last few weeks the trump administration has been upping tensions with china and using china issues as a way to push attention away from failures at home, the covid situation, and even from slumping trade agreement with china, the phase one