senator marsha blackburn on the social media app tiktok. she has called it "china's best detective." we will hear from her after they say they have made changes. but we begin with major changes happening in alphabet. larry page and sergey brin announced they are stepping down from the tech giant. the google ceo will now be the ceo of both google and alphabet. page and brin will remain active as cofounders and remain on the board. i spoke to guests on tuesday. >> it was a pretty big surprise. there had been questions about how much longer sundar might want to be ceo of google. those questions have been bubbling up a little bit. google is under a massive amount of scrutiny. he has a lot of things to juggle. there have been internal protests. this really was a surprise where basically he has had to deal with all these things and he will be back dealing with all of the other things happening under the alphabet umbrella which includes self driving cars and other things. taylor: with larry and sergey as visionaries and sundar is a good executione

taylor: that was senator marsha blackburn of tennessee.r was one unicorn got investors excited about its debut. and since the ceo was brought justber has been more than a ride-hailing service. we prepare to fight more sophisticated cyber threats? we discussed the possibilities. this is a bloomberg -- this is bloomberg. ♪ get back to our year-end series rewind. headed to congress to testify in regards to regulation. some headed to new york while others had less success. and it would not be complete if we did not mention the streaming wars. ♪ one taylor: taylor: of the biggest trend is cutting the cords. the list of streaming services does not seem to be getting any shorter. the list of most valuable companies will introduce their own services, spending billions to compete with established players and what has become known as the streaming wars. disney plus and apple kick things off in november. disney costs half as much as netflix and offers a library of programs irresistible to families. apple is cheaper, but only a small library of origin

marsha blackburn has called it china's best detective.will hear what she said after tictoc made some changes. bloomberg technology is livestreaming on twitter. check us out at technology. this is bloomberg. ♪ taylor: welcome back to the best of bloomberg technology. west lawmakers have been after the popular viral video app for a variety of reasons. the chinese company tictoc has been the target of data privacy concerns as well as a review -- another thing they are concerned about is that tictoc allows appdren to make in purchases, something marsha blackburn highlighted in a letter to tictoc's parent company bio. it is paving the way for the chinese government to gain unfettered and unsupervised access to our children's lives. earlier this month, tictoc responded by upping that minimum age to 18 years old. i spoke with marsha blackburn to find out if that is enough to appease lawmakers. >> i am pleased that they have changed the age. first step.mportant having these children streaming these videos, buying these converted toan be cash by t

we will hear from senator marsha blackburn on how much more needs to be done.irst, our top story, and a lot of market action on thursday, specifically in the tech sector. the nasdaq closed above 9000. it has returned more than 35% -- the tech sector has now returned more than 35% this year and is on track for its best year since 2013. one of the best performers has been apple. on a point basis, apple is one of the best performers in the s&p 500. it has outperformed on a percentage basis. another high, another day, another record at tesla, $430 a -- closing out at $430 a share. tesla and elon musk have defied the shorts in the last few months and we will have more on tesla's record coming up. first, i want to look at the 2019 story of uber. the ridesharing company went public in the spring, but has faced a barrage of legal hurdles. some battles were fought over its international expansion plans, with london stripping the company of its license. another issue, whether drivers are contract workers or employees entitled to benefits. this week, we covered the man wh

later, we will hear from senator marsha blackburn on tictoc.he has been a chief critic of the app. this is bloomberg. ♪ >> amazon is challenging the u.s. government of microsoft for the contract. it is not an easy battle. the company is facing legal hurdles in its lawsuit over microsoft's win of the $10 billion pentagon contract. joining us to discuss what is at stake for the e-commerce giant is our next guest. matthew, how big of an uphill battle is this for amazon? >> it's an uphill battle for any federal contractor who is trying to challenge the government's decision. the reason is, it turns on the law that the courts start with a strong presumption in favor of the government. the courts are not in the business of making government contract decisions. they leave that to the federal government. they are looking for errors. in over 90% of cases, the courts and of rejecting these bid protests filed by bidders. >> 90% seems like an uphill battle. yet amazon is filing it anyway. what other key points? >> one of the difficulties of following cases

taylor: that was senator marsha blackburn tennessee.p, emmanuel macron had tech-friendly credentials, now he is calling for greater control. stance more on france's on the digital tax. and later, several states are trying to block t-mobile's takeover of sprint. we let the case from t-mobile's perspective. this is a bloomberg -- is bloomberg. ♪ taylor: boris johnson is joining the chorus of political figures to discuss taxing big tech. in an interview he said quote when it taxing internet giants on revenue, i do think we should be taxing them properly. i will be bringing forward measures to do that. earlier this week, the u.s. warned italy to not go ahead with a planned tax on u.s. tax giants -- tech giants. the french president has already imposed a new tax global tech that collect 25 companies million euros in digital sales in france. it is aimed at making them contribute to state coffers like their brick and mortar fears. -- peers. i got more from laura davidson in washington dc monday. laura: they are looking at a tax saying the cons

senator marsha blackburn has called it "china's best detective."ar what she said after tiktok made some changes. bloomberg technology is livestreaming on twitter. this is bloomberg. ♪ >> u.s. lawmakers have been after the popular viral video of tictoc for a variety reasons. the chinese company has been the target of national security concerns as well as a review. one more thing they're are concerned about, the fact that g as 13 to make in app purchases. why one lawmaker wrote a letter. earlier this month, tiktok responded by upping the minimum age to 18. i spoke to senator marsha blackburn from d.c. to find out if that is enough to appease lawmakers. they haveeased changed the age. that is an important first step. having these children streaming these videos, buying these emojis that can be converted to cash by the recipients, it is just inappropriate. we want to protect children online. we want to make certain that apps are age-appropriate. that was a step. you mentioned the other concerns that were there for tiktok. we are going to continue to wo

we will get more updates on that story but let's get to our top story, let's bring in senator marsha blackburn a member of the senate judiciary committee among other things and there's something she has to say on some of our top stories, great to have you with us. let's get to this judge, the second order that has been revealed on december 5th, referenced in the findings what was expected for that report and it said we expect you to do all these things. to verify materials in those cases that are good and complete and accurate and also when this attorney was referred for investigation of possible discipline what do you make of the latest rebuke of what the fbi handled the surveillance situation. >> what this tells us is that the fisa court is not going to stand for the fbi trying to play tricks on them and what they found out is that there was a pattern and this pattern seemed

one of them was senator marsha blackburn of tennessee who had been a strong critic of companies like tok. she spoke to emily chang from d.c. senator blackburn: there are cases where child predators, pedophiles, have been arrested, convicted. coerceuse snap to children, threatening to put their video on social media unless they send more videos. this is something that parents need to have the tool to turn this off. there needs to be explicit instructions for parents how to handle this. with snap is the snap map application that is there. unless that is turned off or properly set, these children can be identified with their location. the third thing is the discover section. i am horrified when i look through that at some of the information that children can discoverthrough that feed. click or one cap, what these children could be exposed to is awful. emily: what kind of legislation do you think of proposing or do you think you can accomplish in order to fix these particular issues? blackburn: yesterday at our committee hearing, we talked a little bit about this because what we want to d

senatorthat was a marsha blackburn of tennessee.president emmanuel macron once it had tech friendly credentials -- now he is calling for greater control over big attack. we will have more on france's stance on that digital tax up next. several states are trying to block t-mobile's takeover of sprint on antitrust grounds. we will lay out the case from t-mobile's perspective. this is bloomberg. ♪ taylor: the u.k. prime minister boris johnson enjoying -- joining the chorus of leaders wanting to tax big tech. johnson said when it comes to taxing internet giants on their revenues in this country, i do think we should be taxing them properly. i will be bringing forward measures to do that. earlier this week, the u.s. warned italy not to go forward with the planned attacks on amazon and google. french president emmanuel macron has already imposed a tax on --bal tax -- global tat global tech companies. companies make those contribute to the coffers like their brick and mortar peers. >> basically they are looking at a tax saying the consumer

. >> so senator marsha blackburn, what is on your reading list? >> mall come gladwell, and i'm just -- i was so jealous last week. my husband and son attended a breakfast where he was speaking, and of course i've read everything that he has written and followed his columns for years. so long with blink blink and outliers and the others i've new downlead on my win del, talking to strangers and just a little bit into it, but totally intrigued. i've also made certain that i have my 2020 farmer's almanac downloaded, and i'm looking at that. you can't beat good reading when it comes the farmers almanac. it's just -- i love it. and i keep track of it. i'm a gardener, and love being outdoors, and so you got to have the farmers almanac. >> what kind of information do you get from that? >> weather. a lot of weather. and if the willy worms will be thick and wooly or if you'll have a hard winter or look at the thickness of the acorps and hickory nuts. you never know. in tips in living i want to back to malcolm gladwell. he's so counterintuitive in a lot of h

taylor: senator marsha blackburn of tennessee, thank you for joining us.ad, back to our top story -- alphabet is among the latest top tech companies to see ceo departures. we will see how the company will fare without google founders sergey brin and larry page. that's next. this is bloomberg. ♪ taylor: now back to our top story -- major changes in alphabet with founders larry page and sergey brin stepping down from there roles. -- ceorent google studio will also become ceo of alphabet, so does this marked a new chapter for alphabet and its ?mployees more and more, we are seeing big tech companies lose their founders, now more run by operators. where are we in that shift? >> we are going through, one by one, the biggest companies are making that transition. it has been happening for a long time. steve jobs passed away. it has been one big company after another. -- couplecouple left major ones, facebook and amazon. what i think is happening is as these companies mature, they no longer have the need for the same visionary founder, the engineer who came up wit

a complete hoax, that is what congressman rick crawford said, and this from senator marsha blackburn. impeachments' obsession is about one thing -- ensuring that president trump is not reelected. one last note -- the house members of the various committees making this announcement on capitol hill today on a day where the president's daughter, ivanka trump, is on the hell talking to house republicans. talking to house republicans. speaking, saying hearing from and by we i mean, is republicans, are united like never before. thank you president trump. saying to the president, you can send us ivanka anytime. host: off of twitter, you saw the chair or heading out not taking questions from reporters. they reported, that the chair went to nancy pelosi's office and continued to decline to answer questions. dan in alex if anybody has a problem with the process, it's the republican followed.at they and additionally, i just want to say, the other item that came up is whether or not the facts have contested. the thing is, from my not ective, the facts have been contested by the republicans. perha

senator marsha blackburn serves on the judiciary committee.he big question this morning. what happens next? >> what happens next is we're waiting to see if nancy pelosi is going to stop playing hide the ball which is exactly what she is doing right now. you know, sandra, it is as if the house voted to impeach and now they don't want to send it over to the senate. and your viewers all probably are familiar with a grand jury. this would be like they're serving on a grand jury voting to indict somebody. but then the paperwork never gets finished. doesn't get sent to the court so there can't be a trial. so i think one of the academics that showed up to be there as one of the witnesses for the democrats to define impeachment even said if they don't send it to the senate he hasn't been impeached. >> sandra: democratic colleague in the senate chuck schumer made a different case and called on the president and his supporters, his party, on what they should do next and here is that moment. >> the president's case so weak that none of the president's me

a complete hoax, that is what congressman rick crawford said, and this from senator marsha blackburn. impeachments' obsession is about one thing -- ensuring that president trump is not reelected. one last note -- the house members of the various committees making this announcement on capitol hill today on a day where the president's daughter, ivanka trump, is on the hell talking to house republicans. talking to house republicans. speaking, saying hearing from and by we i mean, is republicans, are united like never before. thank you president trump. saying to the president, you can send us ivanka anytime. host: off of twitter, you saw the chair or heading out not taking questions from reporters. they reported, that the chair went to nancy pelosi's office and continued to decline to answer questions. dan in alexandria, virginia. caller: thank you for taking my call. to the gentleman earlier who said that democrats did not give republicans a chance to call their own witnesses and so on and so forth. from my understanding, the democrats followed the rules that were adopted when john boehn

a few weeks ago, marsha blackburn was saying that tiktok is china's best attempted, sending data backijing. marco rubio has called it a tool of the communist party. that is the concern, that it is a data breach. a few weeks ago, marsha there have been other issues. a previous policy for tiktok was allowing anyone 13 or older to app purchases, and members of the senate took issue with that. tiktok eventually raised its age to 18 to make purchases, but that is the main argument. itre are so many u.s. users, is able mobility and security issue in the u.s. guy: what is the business outlook for these businesses now , bytedance, tiktok? ed: bytedance has a lofty $75 million valuation. tiktok is a major contributor to that. sources say if they were to sell just half of tiktok, it could raise $10 million in cash. u.s. accounts for something like less than 20% of total downloads. and yet, downloads vasily outshine instagram and snapchat in the u.s. we reported in october that bytedance was perhaps preparing potential -- ipo, a sale in the stake of tiktok may delay the process because it would

let's discuss with marsha blackburn, who will be a juror, good to have you back. >> good to be with you. shannon: he said this about the horwitz report, the ig found no evidence of political bias influence the decision of law enforcement agencies. >> that is astounding. i think when people look at this report they say the swamp is so murky and muddy you have 17 inaccuracies in the first fisa report and nobody is being called to account for this, nobody being prosecuted that is a problem and that is how out of touch washington dc and even the inspector general's report are so much a part, the doj and fbi that they don't see their mistakes. that is one of the reasons donald trump won in 2016. people are fed up with this elitism with this incestuous relationship between these agencies in washington dc. there is a lot in here we are going to go to. we want to know, $95,000 paid to christopher steele, all this information from the dossier taken into account. what did jim comey sign off on 3 of these fisa warrant requests. lisa page and peter stzrok, prosecute the lawyer. case agent number on

senatorsoken with marsha blackburn, josh holly, which have all been looking at tiktok being under reviewbeing concerned about this company. scarlet: they are reviewing bytedance's purchase of tiktok which took place in 2017. if they have a president they want to cite here, it is that a beijing company bought grinder in 2018. s require the company to sell a cousin it could give foreigners access to sensitive data. there is that precedent, but you wonder if they have authority in this case. bytedance and tiktok are chinese companies. as the company makes clear, they have no plans to operate in china, and they don't operate in china. taylor: the confusion here is -- they are owned by music link. then they merged with the company, they went over to china. china was able to merge them, and that has been the key issue company,ling in that trying to figure out how to make it work in the u.s.. bytedance is looking to expand. if they were to sell off his company, could pull in $10 billion or so. that is what we are hearing. a lot of questions at least from the u.s. perspective, like you were sayi

taylor: you know we have also , spoken with other senators , like marsha blackburn of tennessee, whoe out and been a big critic and helped increase the age in which you can make in-app purchases to 18 from 13. it sort of seems like small progress, but in the bigger picture, how much is it doing? kurt: yeah, and senator blackburn is one of the politicians who tiktok supposed to meet with. she tweeted the meeting got canceled. i think we saw something similar last week with instagram. actually requiring users to enter their age when they create an account. you cannot create an account if you are under 13, which is what was always the rule but never really enforced. i think what we are seeing from this pressure is these things do seem small. is a 13-year-old going to create not one now, because they need to enter the birthday? probably not. but at least they are putting in safety measures they should have had all along and now being called out on it for the first time. and in many cases, they are actually following through. paul: does any of the things have to do with the u.s. regulator

taylor: we have also spoken with other senators like marsha blackburn who has come out and been a bigd helped increase the age in which you can make in app purchases to 18 from 13. it sort of seems like small progress but in the big picture, how much is it doing? kurt: senator blackburn is one of the politicians who they supposed to meet with. she tweeted the meeting got canceled. i think we saw something similar last week with instagram. actually requiring users to enter their age when they create an account. you cannot create an account if you are under 13 which is what was always the rule but never really enforced. i think what we are seeing from this pressure is these things do seem small. as a 13-year-old going to create -- is a 13-year-old going to create not one now because they need to enter the birthday? probably not. but at least they are putting in safety measures they should have had all along and now being called out on it for the first time. and in many cases, they are actually following through. paul: does any of the things have to do with the u.s. regulator also invest

taylor: we have also spoken with other senators like marsha blackburn who has come out and has been atic and helped increase the age in which you can make in app purchases to 18 to 13. it sort of seems like small progress but in the big picture, how much is it doing? kurt: senator blackburn is one of the politicians who i was supposed to meet with this week. she tweeted the meeting got canceled. i think we saw something similar, last week with instagram. actually requiring users to enter their age when they create an account. you cannot create an account if you are under 13 which is what was always the rule but never really enforced. i think what we are seeing from this pressure is these things seem small. as a 13-year-old going to create not one now because they need to enter the birthday? probably not. but at least they are putting in safety measures they should have had all along and now being called out on it for the first time. and now they are following through. paul: does any of the things have to do with the u.s. regulator was also investigating? how is that proceeding? kurt:

we have spoken to marsha blackburn of tennessee who has come about -- come out and been a big critic app purchases. again, it seems like small progress, but in the bigger picture, how much is it really doing? >> senator blackburn was one of the politicians that tictoc was supposed to meet with. something also saw similar last week with instagram. actually requiring users to enter their age when they create an account so that you cannot create an account if you are under 13 years all, which is always the rule, but was never enforced. it is a third -- is an 13 euro going to create an instagram account? probably not come about that at the very least these companies are putting in safety measures that they should've had all along, now they are being called out on it. in many cases, they are following through. >> does any of this have to do with the u.s. regulator also investigating? >> it is hard to imagine that it is not a point of discussion here. the -- excuseat me the acquisition which was an app in the u.s. which has now --n merged with i am being told there are conversations with t

we will get senator marsha blackburn's take. company" just getting started. ♪ ♪ ♪ ♪ ♪ ♪ hi, my name is sam davis and i'm going to tell you about exciting plans available to anyone with medicare. many plans provide broad coverage and still may save you money on monthly premiums and prescription drugs. with original medicare, you're covered for hospital stays and doctor office visits, but you have to meet a deductible for each and then you're still responsible for 20% of the cost. next, let's look at a medicare supplement plan. as you can see, they cover the same things as original medicare and they also cover your medicare deductibles and co-insurance. but they often have higher monthly premiums and no prescription drug coverage. now, let's take a look at humana's medicare advantage plans. with a humana medicare plan, hospital stays, doctor office visits and medicare deductibles are covered. and, of course, most humana medicare advantage plans include prescription drug coverage. in fact, in 2018, humana medicare advantage prescri

first of all senator marsha blackburn will talk about the latest on impeachment.ary, mr. wonderful will be with us. you all know kevin o'leary from all the shows that he does. and we have our own miss wonderful, trish regan is going to be with us here. we look forward to that. great panel. great guests on "bulls & bears." see you in a couple minutes. connell: the wonderfuls. david, see you at the top. >> all right. melissa: better with age. 25-year-old song landing the top spot on billboard's top 100 for the first time. think you can guess what it is? feeling nostalgic, vinyl records sales is on pace to top last year's sales. what is behind the growing trend? i think it is joe biden. we'll tell you in a second. ♪. cologuard: colon cancer screening for people 50 and older at average risk. i've heard a lot of excuses to avoid screening for colon cancer. i'm not worried. it doesn't run in my family. i can do it next year. no rush. cologuard is the noninvasive option that finds 92% of colon cancers. you just get the kit in the mail, go to the bathroom, collect your sa

senator marsha blackburn asking what is the reason for the cancti >>> i a new round of tariffs. wall street doesn't like this at all. white house keeps going back and forth as the housing talks are going. congress meanwhile talking about prohibiting cities from buying cars. cal train uses a mix of canadian and japanese cars and b.a.r.t. uses purely canadian and smart cars are japanese. muni, interestingly enough, itali italian. fun to research all these different train cars. i don't know why muni stands alone. >> they got a good deal. thank you, scott. >>> check your refrigerator before you have your lunch today. the cdc is sounding the alarm on a new e. coli outbreak. this one involves fresh express. the kind of salad that has a sunflower crisp chop salad. it contains lettuce harvested in s salinas valley. >>> being reborn with a 3.0 reboot. i want you to take a look at the first trailer. w >> who are you? >> this is not your father's "ghost buster's" meovie or your mother. centered around a mom and her twosoyes, bill murray and dan aykroyd will be involved in this. round of ap

get back to the top story, marsha blackburn, the senate to initiate committee among other things, andmagine she has a couple of big top story senator, great to have you with us. >> good to be with her. >> shannon: its get to the garage, the second order that's been revealed and december 5th, et cetera leave over their report came out but reference of the findings that were expected with the report. it said to the fbi, we are excited to do other things, ideas are turning on the matters he was involved in, the steps taken by the doj and the fbi and the materials in the cases. they are actually good and complete and accurate, creative also, what is it the attorney is referred for possible diff is a what you make of this, again, the public rebuke? >> shannon, what this tells us is that the fisa court is not going to stand for the fbi trying to play tricks on them. what they have found out is that there was a pattern. this pattern seemed to play i through the entire process. that we have seen with trump and the surveillance there and the fisa court warrant. though surveillance warrants. he

of rule 1, paragraph 3, of the standing rules of the senate, i hereby appoint the honorable marsha blackburn, a senator from the state of tennessee, to perform the duties of the chair. signed: chuck grassley, president pro tempore. the presiding officer: under the previous order, the leadership time is reserved. morning business is closed. under the previous order, the senate will proceed to executive session to resume consideration of the following nomination, which the clerk will report. the clerk: nomination, the judiciary, lawrence vandyke, of nevada, to be united states circuit judge for the ninth circuit. mr. mcconnell: madam president. the presiding officer: the majority leader. mr. mcconnell: i ask unanimous consent that following disposition of h.r. 2333, the senate proceed to executive session and resume consideration of the van dyke nomination, further the postcloture time expire at 4:15 today and the senate vote on confirmation of the nomination. further, if confirmed, the motion to reconsider be considered made and laid upon the table, the president be immediately notified of th

now from nashville, republican tennessee senator and member of the senate judiciary committee, marsha blackburning us today. we early appreciate your time. >> absolutely. molly: the president says he doesn't care how long this trial is. your thoughts as it looks most likely you'll see this happening in the senate. >> yeah. molly, i think the thing to say is it is complete. we know the record coming from the house is very incomplete. they've been hung up on this election interference issue. they continue to forget that this was the obama administration for the 2016 election. so what you will see from the senate is something that is done complete, that we're not going to leave are bits and pieces that are not explored. we are going to be complete in this. if it takes us a while, it takes a while. if it is done quickly, it will be done quickly, but we will do it appropriately, properly and with respect to the american voter. molly: the president has said he would like to see the whistleblower. he's long argued that the whistleblower's report was false, and he presumably would like to see the whist

then tennessee senator, member of the senate judiciary committee, marsha blackburn will walk us through next steps of the impeachment trial. chairman austin goolsby with will be with us and tim ellis on the patriots spy gate two and samantha fishbine on hiring people to take instagram vacation photos. snow and ice is making for a messy morning commute this morning for millions of americans. and fox sports obtained a video of the new england patriots filming the cincinnati bengals sidelines, we'll bring it to you. back in a minute. ♪ don't you give up. ♪ i won't give up. ♪ let me love you. ♪ let me love you. ♪ lot of talk about value out there. but at fidelity, value is more than just talk. we offer commission-free online u.s. stock and etf trades. and, when you open a new fidelity brokerage account, your cash is automatically invested at a great rate -- that's 21 times more than schwab's. plus, fidelity's leading price improvement on trades saved investors hundreds of millions of dollars last year. that's why fidelity continues to lead the industry in value while our competition continu

marsha blackburn, our senator, alexander, also senator om tillis from north carolina, representatives phil roe, mark have all nd tom call helped us. without further ado, mr. prompt i urge consideration and support of my bill. mr. speaker, i yield back. westerman: i'd like to commend the gentleman from tennessee for his hard work on this bill. he trail of tears actually passes through my district in arkansas and, again, this is a and i urge bill passage of it in the house and urge our friends in the senate the bill up and pass it as well. with that i yield back the balance of my time. the speaker pro tempore: the gentleman from arkansas yields of his time.nce the gentlewoman from new mexico is recognized. i alsoland: mr. speaker, wholeheartedly support this legislation and i urge my it as ues to support well. and i yield back the balance of my time. the speaker pro tempore: the gentlewoman from new mexico balance of her time. the question is will the house rules and pass the bill h.r. 453, as amended. those in favor say aye. those opposed, no. in the opinion of the chair, 2/3 having re