the ceo satya nadella joining "squawk alley" at 11:00 a.m. time >>> plus, facebook is in hot water again. promises of user privacy falling flat as new concerns dow up you like dinosaurs? so do i. hey blue. i brought you something. okay. we're getting out of here.u're . run! holy! this is gonna be awesome. rated pg-13. >>> welcome back to sk"squawk on the street." a big supreme court ruling involving the colorado company small business and whether it was at issue here not making a cake for a gay couple. the issue here is whether, first of all, the ruling is the supreme court sided with the cakemaker in this case by a 7-2 vote with a narrow interpretation the issue was whether or not colorado's public accommodations law made it possible for this person to contest making a cake for a gay couple on religious grounds. in this case here, in the 7-2 m the supreme court, in which only ruth bader ginsburg and justice sonia sotomayor dissented, they said they are allowed to, in this case, cite religious first amendment reasons for not making this parti

kara, what do you make of this move by satya nadella and microsoft by acquiring github?rom an historical basis it's a little bit of a shocker. this is a huge embrace of open source, but will it work to help microsoft pursue its strategic ends >> it's sort of wrapping up the developer ecosystem. it seems pretty simple this is ther of the developer ecosystem and microsoft has to be seen as developer first. i'm not sure how it helps, say, with the integration of aze or competition with aws but it certainly is in an area that satya nadella has talked about, which is microsoft's role in the developer system it's not the same microsoft it was 15, 20 years ago. >> is there a risk, kara, in terms of them losing some of the business from these developers that traditionally may want to be with someone smaller, independent, as opposed to a goliath like microsoft >> meaning they don't want to be part of github because microsoft owns it? >> exactly. >> developers will flee the platform, is that -- >> exactly. >> i think that's the worst case scenario in this a lot of people are very

. > >>> up next, big business sounding off jamie dimon and satya nadella coming out strong against the trump administration border policies their comments straight ahead. >>> and oil prices front and center brian sullivan is live on the ground in vienna ahead of that meeting. what's on tap? >> what's on tap is whether or not oil and gas prices will go higher or lower, and how you pay for your car and what you put your tank will be largely determined by what happens from a rather obscure palace in vienna, austria. anybody who is anybody in global oil is here. we'll tell you what to watch for and what is likely to happen after this happy anniversary dinner, darlin'. can this much love be cleaned by a little bit of dawn ultra? oh yeah one bottle has the grease cleaning power of three bottles of this other liquid. a drop of dawn and grease is gone. that's confident. but it's not kayak confident. kayak searches hundreds of travel and airline sites to find the best flight for me. so i'm more than confident. how's your family? kayak. search one and done. >>> welcome back to "worldwide exchang

and satya nadella, i know he was on at 11:00 because he knew i iving over here. he's afraid of me. >> he's on the show today. he's pete cornell half of the time, and pete nadella the other half pete, you have been such a champion of what microsoft and satya nadella have been doing. >> it started way back when they made the decision, and a lot of people thought they were going to go a different direction when they werchoosing t new ceo to follow up mr. ballmer i disagreed with so many of them the fact that went with nadella made so much sense he was coming from within, he understood the color and he understood wherehe culture needed to shift or pivot to. they were going to go towards the cloud, they were going to move in that direction they saw the growth there. because of that, that's why that was a middle 30s dollar stock when he took over, and now you see it today over $100 >> all-time high today for microsoft. all-time high. >> right, and you know, a couple weeks ago, we had very short-term call buying people looking for this to break through the $100 barrier w

satya nadella. in the show we'll speak to a github competitor that says developers are fleeing the platform. the c.e.o. of gitlab will join us to give uzz his reaction to the deal. coming up, facebook fighting back, disputing a report made by "the new york times" how it shares data with phone makers. we will discuss next. this is bloomberg. ♪ ♪ emily: facebook is disputing a report about how it shares data with mobile phone makers. "the new york times" says facebook has struck deals with manufacturers that allows them full access to information on users and their friends. the social network says those deals were intended to help them to create their own version of facebook and data stays on the phones that access it. joining us now in new york henning schulzrinne, professor of columbia university. hanley formal federal commission her. walk us through how serious this is, sarah frier. sarah: this is potentially very serious because you remember mark zuckerberg told congress the loophole that allowed

. >> satya nadella told us that the way to look at this is that the future belongs to the u.s. china together, moving forward, kind of connected so that needs to be taken into conversation the alternate point of view is that china is stealing u.s. technology there needs to be a fight to make sure that china is held at bay. what gets lost, perhaps, if satya nadella is right, that there needs to be more of this diplomatic compromise position and if that's not the road to take. >> i think it is a fine line from being able to work together and also making sure that your ip is safe and quite honestly the news the last 72 hours is about national security, making sure that's our top priority there are ways to work together. i look for both countries to try to work together that way because the opportunity is so large for all countries. >> long-term investment play that all of this shakes out and you end up with better protections around ip and a much more amenable investing department in china that this becomes longer term a huge opportunity? >> absolutely right. couldn't have said it

i am joined by microsoft ceo satya nadella who is here from the github headquarters in san francisco. thank you so much for joining us. i want to start with what github and's to microsoft. extent yours developer ambition and fit into longer-term strategy? satya: thank you very emily, for having me. when you think about what is happening in the world around us, commute -- computing is being embedded in everything, from agriculture to medicine to personalized education to personalized banking. it is being driven by software and every company is becoming digital and that world is being built by developers. there is a linkedin stat that shows the development in non-tech companies like retail or energy is growing by , 25 percent higher growth rate than in the tech companies. that shows we are in the very early innings of what is going to be a set of tools and services that are required to empower every developer out there. that is the rear strategic rationale. about microsoft, we have always been a developer first company, that is how we got started, and now we are all in on open source. w

satya nadella. coming up, elon musk gave an upbeat outlook for tesla, but did investors buy it?eminder, all episodes of bloomberg technology are livestreaming on twitter. this is bloomberg. ♪ emily: space ask has marked their 11th mission of the year. the falcon nine satellite carried a longtime customer on monday. roughly 30rgeting missions total, up from a record 13 and 2017 and their valuation has climbed to $25 billion, putting it on course to find -- to be the third most valuable venture startup in the united states. meantime, tesla held its annual shareholder meeting and the company faced a's new of toues from production delays the capricious behavior of founder and ceo elon musk. another point of contention, tesla's board and who is on it. tesla's annual shareholder meeting this year is a big one. first off, mounting pressure to shake up the board. an investment group came first, opposing the reelection of three directors. these three directors are up for --lection, as tesla's mind nine-member board shows staggered terms. the largest proxy advisory firm followed suit, urg

move they neeng tech-savvy ceo to keep them on the track they're on now somewhat parallels, what satya nadella done at microsoft. i think they'll stay the course. little surprise, they announced 16% increase in their earnings guidance and the stock falls 2%. so the market, obviously, liked what krzanich was doing. hopefully they can find someone inside to lead them on the direction they're going now. >> jeff, you said something very key. policies like this exist in other companies and you think back to 2012 and lockheed martin unfold with their expected ceo at the time. how long have these policies existed? given the fact that we are in a day in age where it seems ceos -- more is expected of them not just from a business standpoint but social standpoint how does that -- >> lockheed martin they wound up winning the lottery with the ceo who took over after this guy stumbled, the intended successor. they did quite well with it. it's a shame, they still paid that exiting ceo candidate $3.5 million severance. we wonder what will happen here. that was clearly a misconduct issue. that was 2012. we ha

are not gigantic you need more penetration i was thinking the fortune 500 but what happens if satya nadellaatches right now and sees this guy and okta and he goes you know what? i'm going to crush okta. what can you do? >> i think the big advantage our approach has against someone like microsoft is that we don't have a horse in the race in terms of which applications or which pragting systems or which type of computer our customers use. so we connect to everything. so microsoft is going to be inherently biased towards the microsoft stack. in the server, on the cloud. the windows server window oons the device office 365 and the app and any time you go out of that the choice is limited. and we're all about choice and neutrality and letting customers choose the best technology for their company. and i think microsoft has a different bias. >> similar situations. palo alto networks and they are a partner of yours they have been friends of the show mark mcglak lin now retired. but do they install you. do you use palo alto together with them? how does that partnership work >> yeah it is really imp

better for a lot of people who are in that tier of the economy, but i was just there talking to satya nadellader bridges in seattle, a new feature over the past few ars. he acknowledged to us that companies do bear some responsibility for helping the cities to thrive for everyone. so we'll see where they go from here >> interesting how it colors the hq2 debate as well we're waiting for that >> markets, you know, in a holding pattern ahead of the fed coming up in a couple hours. we'll be keeping a close eye on the press conference for any mention about trade or the hot wholesale inflation number we got earlier today. >> disney is leading the dow the worst performer, verizon speaking of the media m&a scenario we have been talking about. >> comcast not doing so hot. probably investors expecting they're going to spend a lot more money >> huge volumoon names like nizny. and we still have adobe earnings before the week is out let's get over to melissa lee and the half >> and welcome to "the halftime rert." i'm melissa le for scott wapner top trade this hour, getting ahead of the fed here at post 9,

it did choose microsoft allegedly because it was oppressed by satya nadella.ms of the deal is yet to be revealed. -- willwell up highlight and upgraded camera with its new phone. it should look similar to last year's model book will include an upgraded qualcomm processor. it is coming earlier this year. this is a situation where we have advancing equities, a day where we see these trade but it islaying out, ultimately the news that jobs data out on friday, and we will be having an interest rate hike this month and essentially what that means is that uncertainty -- we can move ahead so as a the job report suggests that we are going to be having a stronger u.s. economy but wage growth is helping things along quite nice the. let's quickly check in on what's going on and take a look at markets. the nikkei up by 1.3%, hang seng as well. a look atng to take what's happening in the next hour of bloomberg markets. we will be joined by the head of equity research. >> yeah. they have made several changes to the strategy recently, they are still very much overweight japa

satya nadella, the vision he had as he took over as ceo was mig naft and they have executed to perfectione what he's done since he took over. it is a.i., it is a.r. and obviously the cloud. that is where he was pushing that's what they have become and they have really been focusing as woenl the services. but secondly the attractive valuation of the company by the way they have been buying back stock and in the last decade they have taken back 18% of the outstanding shares of their stock. so they are taking care of all the people willing to own the company. and by the way, the dividend has been very strong as well that is just a little bonus on top of that. valuation forward 24, all of what i'm looking at right now i think is really great. but the best one is free cash flow $33 billion a year that's incredible. when you look at this company you do see some debt on the books. that is because they have made some acquisitions so i'm not worried about that whatsoever because that is going to be part of the company itself and when you look at that cash flow it really is meaningless at this poin

it is the biggest purchase since it snapped up linkedin ceo satya nadella talked about the rationale for thlatest deal. >> developers are going to be required everywhere -- it's kind of like what maybe ie early '90s was tuip knowledge workers with tools and services, or what it was even in the 2000s to build sas services for sales profsionals. developer sas is going to be at the center of the digital economy, and that's the real strategic rationale for it it's a secular growth market, and microsoft has heritage here. >> apple shares hit a record high in monday's trading, driving the nasdaq higher as the iphone-maker unveiled a raft of changes at its developers conference among the updates for the tim cook-led company are upgrades to let older iphones run faster, improvements to its voice assistant, siri, and a crackdown on tools that can track web users. apple also said it would work to make it easier to transfer iphone and ipad apps on to mac computers. ceo tim cook lauded the app store as a hub for developers. >> this week, we're going to achieve another huge milestone the money th

dimon said his heart goes out to those impacted satya nadella sending a letter to his employees callinghe policy abhorant and cruel. let's get to washington for more on president trump's trade agenda kayla tausche has more >> immigration is engulfing the focus of the white house now and today it will continue its sales pitch on zte with republican lawmakers midday many of whom believe zte is a national security threat despite the administration securing a deal to enforce some new restrictions on zte but overall restore its business more than a dozen lawmakers plan to attend. the senate overwhelmingly approved a measure that would limit the president's dealmaking ability. the white house still hopes to remove that provision as the bill goes forward. today the commerce secretary will be on the hot seat on capitol hill defending the administration's strategy to impose tariffs on a national security basis orrin hatch convened a hearing on the topic after ross began investigating autos and auto parts. hatch saying he believes the strategy undermines the success of tax reform. questions will