gates founded microsoft in 1975 and grew it into the largest in the world. he hopes to devote for time to philanthropy. we have been following the markets and the s&p 500 posting one-day gain since 2008. almost allied erasing all of the losses from thursday, that was the worst day since 1987. for one of on track the worst weeks since 2008. over the phone from new jersey. mike, the markets seem to love say, president trump had to all rallying 5% in that last 10% what do you make of a move friday after 10% loss thursday? taylor, it's not uncommon when you have a bear arket like this with massive volatility and massive down days like we saw yesterday to then on the upside.ay it doesn't -- it's very have ult to say, ok, we found the bottom here of the stock market plummet because snapback rallies are very common. s you pointed out, this is the sharpest one-day rally since october 2008. emember, that was still a good five months before the market actually found its bottom from he financial crisis, so while this is good to have this day, it's somewhat relieving to

about how he's been leading microsoft and what he sees from a business perspective the technology tools that microsoft has been deploying and what way he sees out oth, ats coming up in just a moment hey you, yeah you. i opened a sofi money account and it was the first time that i realized i could be earning interest back on my money. i just discovered sofi, and i'm an investor with a diversified portfolio. who am i?! i refinanced with sofi and i was able to cut my interest rate by forty percent. thank you sofi. wenot the exception.sh food being the global norm, at emerson, when issues become inspiration, creating a better world isn't just a result, it's a responsibility. emerson. consider it solved. at tecovas, that's handcrafted high-quality western boots focus on what they do best. at a fair price. because netsuite shows me all my financials in one place, we stay focused on what we do best. (vo) with netsuite by oracle, you get a full picture of your business, finance, inventory, hr, customers, and more. it's everything you need to grow all in one place. netsuite is the world's #1 clo

you don't sell microsoft because bill gates is stepping down from the board. they have a fantastic management team there and it's taken a hit this week with the entire market, but i don't think this is a structural change people knew and ultimately bill gates will have to slowly back away from that, and if i'm looking at microsoft today and if there's any weakness on this news which it doesn't really appear that there is, but i would not sell microsoft on this news >> go ahead, tim, i want to talk about the extraordinary move of microsoft and 76 million shares are traded whereas before that it was about -- >> that's mom and pop on the retrade. >> and total is about four and a half times the average daily volume so guy talked about this last night and mentioned a level on microsoft that i think at least people wanted to see we certainly kissed that last night. the thing that worries me about microsoft is it is a market proxy and in fact there were shenanigans going on in the market and why not go after microsoft to take it back higher whatever that means. if yo

microsoft, you know, has a good share of that. i get to spend about a sixth of my time now over at microsoft. david: so recently, you said the biggest mistake you made professionally was that microsoft should have had the android technology? why was that the biggest mistake? bill: we were in the field of doing operating systems for personal computers. we knew the mobile phone would be very popular. so we were doing what was called windows mobile. we missed being the dominant mobile operating system by a very tiny amount. we were distracted, we did not assign the best people to do the work, so the biggest mistake i made in terms of something that was clearly within our skill set, we were clearly the company that should have achieved that. david: your two main areas of focus are k-12 education in the united states and health care in the least wealthy parts of the world. recently, you've decided to make another effort not necessarily through your foundation, but for breakthrough energy to do something about climate change. why are yo

versus microsoft was filed, google was born in the garage, and microsoft at 90% market share at the time on internet explorer. you can easily imagine the alternative universe where microsoft or gates said hey, looks like all our users are going to this google search engine site and that's where the action is on the internet. why don't we read the original research papers, throw $50 million of research at the problem and steer people to our own search engine? they could have strangled a google in the crib but that didn't happen because i think the product managers and engineers at microsoft at the time were probably having to email lawyers to see if they could go to the water fountain, let alone enter adjacent market markets. >> there some competition advocates of raise questions about whether u.s. antitrust law is capable of addressing some of these concerns. do you think u.s. antitrust laws are robust enough for doesn't need to change? >> guest: it's a question we get often, should we use existing frameworks to do with a company like google or do we need to pass new laws? my response is

the most important name right now in the market and that the microsoft. 16% in the last five days microsoft is higher. i want you to think about something. think about the usage of cloud services think about what microsoft is doing right now to enhance the cloud capability across the world right now. mic microsoft is the one stock that is the ultimate core holding digital realty trust that stock is up about 15% for the year i believe digital realty trust is trading about $138. the high for the year is 143 they focus on technology and cloud services it's about the cloud, the usage, the growth that we're going to see here because of covid-19 >> that microsoft group business getting a lot of attention given the work from home environment we're in now well-run company and no risk of solvency here and just a question of how long this lasts and when revenues and earnings start to rebound >> alphabet, marriott. our experts are taking your questions. that's coming up straight ahead. plus, we have got our final trades al of that happening. were back in just two mi

microsoft windows. right, yeah, it's got microsoft... so you're microsoft, yeah? a bbc investigation uncovers the criminal call centres in india ripping off thousands of people around the world. and misery continues for homeowners after another stormy weekend with dozens of flood warnings still in place. and coming up on bbc news... confirmation that anthonyjoshua will defend his world heavyweight titles on 20thjune, with the fight expected to be against kubrat pulev. good afternoon and welcome to the bbc news at one. the prime minister says britain needs to be prepared for the coronavirus to spread. he said the virus is a problem that's likely to become more significant for the uk in the days and weeks ahead. he was speaking after chairing an emergency meeting of ministers this morning. a plan of action for the uk to deal with the new virus will be announced tomorrow. the number of confirmed cases rose to 36 over the weekend — with 13 announced yesterday — the biggestjump in a single day. more than 11,000 people have been tested in the uk. our health corresponden

microsoft. microsoft teams which is part of office 365 has more than 20 million daily active users around the world. that was before all of this. it combines workplace chat, video meetings, file storage, much more. the tech titan is now taking some steps to help customers so that they don't have to extend money at the moment to deal with the coronavirus. microsoft 365 corporate vice president jared spataro joins us live in a fox business exclusive. jared, right off the bat, what kind of uptick are you seeing in the usage of microsoft teams which enables people and groups to work together remotely? >> you know, if i can step back for a moment and talk about what microsoft is doing broadly, our first priority has been the health and safety of our employees. then we have turned to businesses, our customers and business continuity. we have also been reaching out to communities. we have been making donations, we have been working with business leaders all around the world. as you indicate, we certain

versus microsoft as a stalemate between u.s. government and this giant company that dragged on through 2006 that by enforcing the antitrust law the tendency of microsoft to scantily the landscape and asked themselves what new markets can we bulldoze into with our dominant operating systems and browsers they cannot do that as easily in the company that ironically benefited from that the most was google. six months after u.s. micro soft was filed google was born in a garage. microsoft had 90% market share at the time on the internet. you can easily imagine the alternate universe where microsoft state looks like other users will go to this google search engine site and that where the action is on the internet. why don't we read their original research papers, throw $50 million of research at the problem and steer people to our own search engine and they could have strangled google in the grip but that did not happen because you know, the product managers and engineers and microsoft at the time were probably having to e-mail lawyers

microsoft is very deeply involved in diplomacy. you don't think of cisco as having a real stake in national treaties. so this sort of the differentiate between the two and some peopled a city. what about other big international companies. coca-cola that operates glow globally, mcdonald's but they're not opening a counterterrorism department. facebook has a larger counterterrorism department than the state department, and sun seem that straining they -- that strange they would so i thought it's worth paying attention to. >> the list of companies that qualify as net states, is google, amazon, facebook, apple, and profit and you anticipated me question, tessla. why tesla. >> absoluteliment one thing i look at in the become is not just how tech companies are expanding into governmental domain but expanding into what i call in real life, in physical infrastructure and services. and this is something that tesla and elon musk and his many sister companies, tesla, is doing some ways more than anyone else with his solar city operation, they

versus microsoft style case against google.hink there unfortunately over the last couple of decades, has been a culture of under enforcement that we need to overcome. congress stepping in and even proposing his laws helps address problem ournd that agencies, of our enforcement agencies being gun shy. the zeitgeist has shifted. actionwant enforcement against large tech companies and i think the u.s. government has the tools to do it and there's no harm in bringing new tools to the table as well. host: ok. i would like to talk about other topics. everyoneentioned and knows that misinformation is a serious problem on the web. how does yelp deal with questions about misinformation and fake reviews? guest: it is a really important question. it has been top of mind since day one. wasceo, jeremy stockman, part of the so-called paypal mafia, which was a group of early implies that paypal in the late 1990's. people forget about the history of paypal. in the early days, the concept of sending money over the internet via ima was insane. s

it's interesting rob mentioned microsoft and i get such a quick out of twitter because the trolls are in force. they say we never make bold calls and i'll tell you categorically and i know because i was sitting here on february 11th, microsoft made an all-time high of 190.40, i believe, if you'll recall on that day on rather large volume it reversed and closed significantly lower on the day and we sat here and said if you were looking for the turn in the name that was probably it, and now history proves we were correct so now if you're looking at an entry level, this 140 level is where we sort of traded sideways at for quite some time nine or so months ago dan is looking at the chart microsoft is not going out of business and what they do is still extraordinarily viable the market's just correcting so i think to rob's point, you saw the turn, but i think now you're getting towards levels where if you're waiting to buy the stock this looks interesting to me. >> another area of the economy that you need to watch very closely are the restaurants, of course the coronavirus spreading and t

dan: microsoft is a good example.wo thirds, the cloud continues to be something microsoft has kept on the table and 80% of the -- 70%-80% of the valuation is because of that. microsoft is going to be a victim of the supply chain, but -- no different than apple or any other pc player, but when i look out in 18 months, is this a name that i believe continues to believe the best cloud play over what i believe is a growth trend? divert why i continue to -- view this as a scary headline. look at the winners and you look at that list and you selectively continue to buy them during this massive volatility. >> you are not alone in that view. a number of analysts have rated -- a number of analysts still rate microsoft as a buy, but the question is how selective do you need to be? >> i have been telling clients on the phone all day. our view is, you do scenarios now for apple, amazon, you pick your spots. you areselective, but continuing to own these names and buy at these levels if you believe in the fundamentals that we do. t

rally but microsoft, it may be the best tech stock in this market stay with cramer yes. it's the first word of any new discovery. but when allergies attack, the excitement fades. allegra helps you say yes with the fastest non-drowsy allergy relief and turning a half hearted yes, into an all in yes. allegra. live your life, not your allergies. hey, our worker's comp insurance is expiring. should i just renew it? yeah, sure. hey there, small business owner. pie insurance here with some sweet advice to stop you from overpaying on worker's comp. try pie instead and save up to 30%. thirty percent? really? sure! get a quote in 3 minutes at easyaspie.com. that is easy. so, need another reminder? no, i'm good. reminder for what? oh. ho ho, yeah! need worker's comp insurance? get a quote in 3 minutes at easyaspie.com. sleep this amazing? that's a zzzquil pure zzzs sleep. our gummies contain a unique botanical blend, while an optimal melatonin level means no next-day grogginess. zzzquil pure zzzs. naturally superior sleep. >>> if we're going to get through this i

you had problems with microsoft teams. also surging other orders like skype and other orders on the service. you are maximizing the potential to the products. so it is making the best of pandemic times >>> we'll leave you with a quick look at u.s. futures that is it for today's show. i'm julianna tatelbaum and "worldwide exchange" is coming up next. these days you need faster internet that does all you expect and way more. that's xfinity xfi. get powerful wifi coverage that leaves no room behind with xfi pods. and now xfi advanced security is free with the xfi gateway, giving you an added layer of network protection, so every device that's connected is protected. that's a $72 a year value. no one else offers this. faster speed, coverage, and free advanced security at an unbeatable value with xfinity xfi. can your internet do that? >>> breaking news, stocks trying to string together a two-day win streak as wall street eyes the end of the worst quarter since 1987 as the number of coronavirus cases in the u.s. continues to su

microsoft is very deeply involved in diplomacy. this is the differentiation between the two and people have asked me what about other big international companies. neither one of them are opening up a terrorist department. facebook has a larger state department and it doesn't seem all that strange that they would. so, i think that this is one of the reasons that i thought it is worth. hispanics of the list of companies that qualify in that space. it's not just how the companies are expanding into the intergovernmental domains this is something that tesla and elon musk and his sister companies are doing more than anyone else with his solar city operations pursuing partnerships and he's now moving into space. they are really changing the way that we think about public infrastructure, so for instance with the company they are producing the in chicago. we have private-sector companies who are in charge of our public infrastructure that is the work in puerto rico they stepped in at a time when they needed someone to step in and when the

microsoft teams, charles, is one of those options that people are jumping to.h? at 3:00 p.m. eastern, we're going to be speaking to the top executive of microsoft 365 teams this is that operation that allows to communicate with your workers in either big groups or one-on-one. his name is jared. if china is any indication it is going to get unbelievely busy for microsoft teams in china. they are telling us that team's usage has jumped 500% since the coronavirus as people either quarantine themselves, or businesses shut down temporarily. we've got that. admiral james stavridis, talking about quarantine in new rochelle and national guard coming out, we'll ask him, what happens if the national guard has to move from helping out, to securing entire towns. charles: that would be a good one. we heard yesterday that they won't have any weapons or anything but their presence alone will be somewhat intimidating who knows. liz, thanks very much. tune into "the claman countdown" at the top of the hour. stocks erasing yesterday's gains with another major selloff as wall str

yesterday microsoft announced changes to office 365, calling it microsoft 365 planning to open up access to teams and features in teams to more consumers. at the same time we see some labor actions with amazon, both in their retail logistics facilities and in whole foods. do you think those point to the sorts of tensions with people versus software that we're going to see in the months ahead >> i think that's probably right. tech and washington used to be two completely different worlds and that's just changed dramatically obviously coming into covid-19 there was a real tech lash against a lot of those companies. workers even then demanding for better conditions, sharing in more of the profits. i think on one hand these companies are working well with the government and there may be less tech lash in that sense coming out and the government will have a lot of priorities beyond anti-trust. i think the f.a.a.n.g. companies will be advantaged by that but you see calls for these guys are rich, why aren't they doing more for their employees and that's going to be something i think we will hav

he programmed microsoft xl and microsoft excel, it's not very sexy. it's not very complicated. it is a robot accountant but it lowers the task of arithmetic. and it lowers the task of arithmetic that acouple particular kind of accountant did . the accounting clock or which you call them clerk so i'll translate. the accounting clerk. there were 400,000 accounting clerks in the us at the time and basically all of them were out of work in about five years but we now have more accountants than ever before because those people in different jobs. obviously you don't add up rows and columns, what's the point of that the accountancy profession extended the job of being an accountant became much moreinteresting . there's a situation where it wasn't obligated. it wasn't sexy. it's just microsoft excel completely reshape an industry area it didn't destroy any jobs. we have more jobs accountancy and we did before but it changed the way we did those jobs. change the kind of thing accountants did, they started doing financial forecasting, scenarios, they started doing advisory work and it ma

. >> microsoft has told employees work from home.e us the view from the seattle area whether our number in your state. recommendstarting to if companies can work from home, they should start doing that. it is not a gust -- go sound by any means, but definitely send majorarticularly the and we should try to limit contact of large groups of people. you areat is your story following as the situation changes by the hour? >> i think we're health care reporters still trying to get a handle on senior care facility. have gone tonce the hospital so we don't know .he full spread of this >> thanks for coming. coming up, the inside story of facebook. that is next. if you like bloomberg news, check us out on the radio. this is bloomberg. ♪ >> this is bloomberg technology. ceo mark zuckerberg says it is supposed to bring the told together and starting force the world to stay apart. of itssing in some biggest markets is that risk. this, as facebook close its itrs in london after singapore employee tested .ositive for the virus joining us is steve d

that includes apple, microsoft and jpmorgan among the winners today. and boeing the biggest drag on the dow, down more than 4% today and checking in with energy with oil rebounding about 7%. the oil and gas etf up more than 14% as you can see and speaking of energy, occidental shares up nearly 6% the company just cut the dividend from 79 cents to 11 cents a share saying it will reduce capital spending this year with the sharp drop in commodity prices and finally take a look at stitch fix, that ipo down more than 30% after mixed earnings and disappointed full-year guidance cautionary things of retail pricing in general. >>> now the latest in the coronavirus outbreak as italy shut the country down and efforts in the u.s. stepped up meg tirrell is here. meg? >> hi, kelly cdc director dr. redfield telling congress there will be a strategy for the coronavirus today, a framework for each state and new york announcing a mitigation frame work as cases grew to 108. schools and other public gathering places in a 1-mile radius of the epicenter closed for two week

microsoft in 1975 he was its c.e.o. until the year 2000 the billionaire plans to now spend more time on his foundation tackling issues like global health and education. well there are currently tens of thousands of asylum seekers living in camps on greece's again islands among them thousands of unaccompanied minors many of them face violence abuse and exploitation but several countries in the european union have now reached deal to take in these vulnerable children. i found a company children in migrant camps many of them in a poor state of health about 5000 there are estimated to be in greece 2000 of them in facilities on greek islands now a 7 nation coalition of the willing including germany france and portugal wants to take $1600.00 of them in. and. this is a sign of how we can help greece you know not just with money but with actions the top. e.u. ministers met in brussels to work out the details and to try to convince more countries to join the coalition croatia and lithuania are in talks e.u. commissioner over joh

i have a relationship with microsoft now and for even full disclosure i've sold a company to google i actually really like big tech companies i'm not sort of anti-corporate or anti tech companies however what distinguishes google and facebook is that they rely almost solely on the manipulation machine for their money they don't have any diversification they're absolutely addicted to it like picture states are addicted to oil and so it does in my view corrupt them now the things i'm talking about these when appeal ations are all the tech companies engage in them to some degree but not totally so there might be additional reasons to criticize the other tech companies there probably are but it's for is this particular issue of running a mass mental manipulation machine for profit that's really google and facebook and then i. you know you make me feel good or you make the argument very strongly in your book you're making the argument very eloquently today but do you worry that your connection to microsoft which you said full disclosure of being a research remark so didn't undermines you

microsoft in 1975 and was its c.e.o. until 2000 the billionaire plans to spend more time on his foundation tackling issues like global health and education. are returning to our top story and in an attempt to slow the spread of the coronavirus multiple sports leagues have suspended operations the business leader was the latest to call off matches doing so for the 1st time in its history just 4 hours before the friday night fixture was set to take place here's a look back at what has been an astonishing week in german football germany calls them ghost games the match between grat back in cologne on wednesday the 1st in britain is legal history to be played without fans. there's no one to clap a whistle when you take the pitch that's the participants were clear what was lacking. the most important piece of the puzzle is missing the fan. they'd massed outside the stadium instead despite advice for people to stay away from large crowds. but the d.f.l. japanese. press on and told this weekend's matches behind closed doors tha

board of directors to focus on philanthropy gates co-founded microsoft in 1975 and was its c.e.o. until 2000 the billionaire plans to spend more time on his foundation tackling issues like global health and education. all climate activists have been taking aim at plastic it's made from fossil fuels and is a major source of pollution in the seas but of course it's also extremely versatile and can be shaped and molded into any number of products so what can replace it scientists in finland think bay may have an answer and it could be music to environmentalists ears. the term bio based economy has been a catchphrase for decades now but products have remained few and far between especially in the area of electronics at the v t t technical research center in finland the scientists decided to demonstrate how far the field has come with the sort of biotech headphones unlike plastic the materials and them were sourced not from fossil resources but from living organisms . using our by reactors we can produce lots of different molecules polymers. that form carry of course we can make for ex

i think microsoft is still up there. >> it is we still like those names.rm we would be defensive. that's the names that have been out performing it's a lot of the stay at home names. coming out of this and we're not there yet but coming out we would be interested in adding to semis. the stocks really be hurt and maybe going down cap some small and mid cap names i would kpp expect to rebound. >> what about hardware >> i view as a trading group it's traditional systems companies. u those will be great trades they have secular wind in their face the other part is the is up shy chain. it acts like semis >> finally since we out lined a number of places where you see opportunity, what would you tell people to be most wary of here >> we put together a list of high dividend stocks i'd like to think chose provide real yield they are not out performing yet. we would avoid names with high debt companies with net debt. ratios under three are under performing names like dell. even ibm added a lot of debt we would be careful there. normally we would be saying watch out

you think it looks apple and microsoft are going to drop more >> a little bit. not substantially. but i think there is room for pullback i'm not looking for a big move down that's why i'm selling a credit spread. >> what helps you on the way up can hurt on the way down we know this is dominated by apple, microsoft, visa master card intel if you look at the sector equal weight and they have indices that do pap the peak to trough is less than the actual sector the thing driving the market is what's. >> i have talked about it for months i'm not picking on etfs. but do you think the etfs has contributed to the size of the moves. >> you can sell on your phone. >> you can sell everything. >> correlation. >> you like it on the way up. >> speaking up the way up. >> go ahead. >> speaking of the way up. >> i have to jump in here on apple, because, you know, as tony was pointing out apple is one of the largest constituents of xlk if you look at december 31st, the day the coronvirus was first announced. apple is essentially trading unchanged from that level. all right. i think it closed that

berlin film festival and that means parents 7 silver and one gold gold brush for oil goes to haha microsoft. their audience there is near. the top prize the directors daughter collected the girl there because her father was not allowed to leave his country. i'm married to evan steen it's good to have you with us migrants in turkey have rushed to borders with the european union after ankara said it would no longer hold them back but greece and bulgaria have boosted security at their from tears leaving thousands of people trapped. in no man's land between the 2 sides our correspondent han is covering the story on the ground she filed this report from the turkish greek border. the sign at the greek borders says well come on but that's just not the case it's the 2nd day of people heading here hundreds now way to be allowed across the city that was the council where a chaotic makeshift camp has sprung up open to the elements people try to stay warm lighting fires and dense smoke drifts through the air sometimes it's tear gas fired by the greek police. this is one of the major crossing points bet

board of directors to focus on philanthropy gates co-founded microsoft in 1975 and wasn't c.e.o. until 2000 the billionaire plans to spend more time on his foundation tackling issues like global health and education. let's return to our top story this last week saw multiple leagues across the globe suspending operations in an attempt to stop the spread of coronavirus the blueness leader was the last in a long line to call matches off doing so for the 1st time in its history just 4 hours before the friday night fixture was set to take place here's a look back at what has been an astonishing week in german football. germany calls them games the match between back in cologne on wednesday the 1st in bernice league history to be plate without france. there's no one to clap a whistle when you take the pitch. the participants were clear what was lacking. the most important piece of the puzzle is missing the fans. they've mastered outside the stadium instead despite advice for people to stay away from large crowds. but the d.f.l. germany's football league wanted to press on and told this

microsoft in 1975 he was its c.e.o. in till the year 2000 the billionaire plans to now spend more time on his foundation tackling issues like global health and education. don't forget you can always get d.w. news on the go just download our app from google player from the app store and that will give you access to all the latest news from around the world as well as push notifications for breaking news and if you find yourself part of a news story you can also use that have to send us photos and videos of what's happening where you are. you watching t.w. news live from berlin stay tuned for kickoff sports life and a look at why some members of the far right here in germany are undergoing training in martial arts but we leave you now with some hard warming moments from italy people they are confined to their homes because of the coronavirus lockdown but entire neighborhoods are raising their voices to fill the empty streets with a bit of music take place. i. believe. god. god. is region is full of surprises. oh it's. new

look at microsoft, google, gcp, ibm, you go across the board, adobe. now they are continuing to look to expand their cloud empire. if you look at the private and public side, a lot of these stocks that are down 30%, 40%, 50%. that is why i believe strategic as well as financial buyers are going to put into the floor of software over the coming months. emily: if there is one company you think is best positioned to whether this, which would that be? dan: if there is one front and center, it is apple. obviously right now it is supposed -- exposed to the supply chain. it comes down to matt. none hung -- it comes down to math. 350 million phones are due for an upgrade. what does the march quarter look like? more questions than answers. if i look long-term, that continues. these valuations for long-term valuations, that continues to be the name that to me is the one that sticks out in terms of the theme and where we think it will play. even if you stress test the model in terms of the valuation ordinances. emily: but, and this is me being oneils advocate her

microsoft. you name it. all the tech giants came out and said they're going to step up and pay hourly workers to stay home. the healthcare industry said they are going to step up and make sure that they're paying for coronavirus tests for the uninsured. so corporate america is looking for ways to step up and help at this moment in time. >> alexis glick, richard quest, i know i am going to see you bright and early tomorrow morning on "new day." one of the few people who will get some sleep tonight because investors, they certainly won't. >> all right. we have just learned president trump's incoming chief of staff has gone into self-quarantine. details next. motor? nope.

former microsoft ceo and l.a.ppers owner steve ballmer joins us to discuss basketball, the economy, and the coronavirus. this is bloomberg. ♪ [ "one more time" by daft punk ] woo! [ laughing ] woo! play pop music! ♪ no way dude, play rock music! yeah! -woah! no matter what music you like, stream it now on pandora with xfinity. and don't forget to catch "trolls world tour". let's party people! ♪ one more time >> welcome to bloomberg television and to our bloomberg radio audience. i am joined by steve ballmer, the former ceo of microsoft and the owner of the l.a. clippers. always good to have you with us. about an ask you important initiative that you have been working on via usa fax. you started this organization to dig into data and you have been digging into data about coronavirus. you are releasing a slew of new facts today. talk to us about what the data is telling you and the surprising trends you're seeing. steve: let me share a little bit. faxmentioned we started usa -- usafacts focused on taking u.s. govern

i follow nic amazon -- apple and microsoft in particular buying when they hit 130 on microsoft in 230 on apple, they had the biggest of blue-chip names, can you say that they have bottom? >> i think they're very near bottom, we were the group find the last week or two, we were buying a soft, apple, amazon, facebook, netflix, we think there's a couple of stocks in particular that will survive and do very well, when anything about microsoft, they have teams of new state home-video services working, there's a lot of products that will do well in this market and many of your members of the home audience can benefit here. the embassies are not the way to go in these markets, they have to buy the restaurant, they have to buy the travel industry companies and your home listeners can buy companies and help perform spiders or the s&p 500 which is that 25%. many of you are probably doing better with her own personal portfolios than embassies. stuart: you know the unfamiliar companies pray can you pick out a few that you invested entrepreneur companies, do you think we need good right now at tod

listen to what microsoft 365 corporate vp, who runs microsoft teams, jared spataro, said yesterday about how the tech titan is dealing with the situation and helping others work from home. what kind of uptick are you seeing in the usage of microsoft teams which enables people and groups to work together remotely? >> we have been tracking this since the outbreak started in china, and since january 31st we have seen a 500% increase in the usage of teams there. liz: italian government is saying we are shutting down for the moment. we don't want people leaving, we don't want them coming in. what are you seeing on the ground there? >> we are able to track what's happening with teams and we have seen 100% increase in the teams usage there. liz: but from microsoft teams to the cfo of zoom, kelly steckelburg joins us live in a fox business exclusive. thank you for joining us. zoom was specifically designed from the start to address the most difficult component of communications, video. what kind of uptick have you at zoom been seeing since the coronavirus outbreak? >> so you are exactly right, z