satya nadella uncovering state—led and abominable animation.la uncovering state—led look at him. he's a yeti. some call it fake news, some call it disinformation, online manipulation, or even information warfare. the tech giants call it coordinated inauthentic activity. false news articles on facebook, bots amplifying questionable opinions on twitter. what we now know is that nation states have and are weaponising these techniques to their own ends; russia to interfere with elections, china to spread disinformation. but there is one place which hasn't been associated with deliberate disinformation recently. and that's wikipedia. it's the largest collection of human knowledge ever created, arguably the first digital wonder of the world, the font of all internet knowledge. it has nearly six million pages, with a staggering 18 billion page views every month, and it was created in the best spirit of the internet. transparent, nonprofit making, and open for everyone to read and edit. we may have been naive to believe everything that we read on faceb

ceo satya nadella has been widely credited with steering microsoft back to the top of the tech industrylogy reporter dave lee. since taking over in 2014, satya nadella'sjob at since taking over in 2014, satya nadella's job at microsoft has been to turn around a company that had fallen behind apple and google as the dominant force in the tech industry. it underlies the approach to surface... after focusing industry. it underlies the approach to surface... afterfocusing on cloud computing, his dancer today as chief executive of a company that is once again, the most valuable in the world. this event in new york is to show off our new range of laptops and two foldable devices. hardware is now a side of its business apples and more than $5 billion of revenue each year. but now microsoft has a problem. its large presence in china with the firm does much of its research and development is coming under scrutiny. some in the us think that that work could go against this country ‘s national interest. that that work could go against this country 's national interest. each country 's national inte

since chief executive satya nadella took over in 2014, the software giant has been moving away from its south korea, economic growth slowed in the third quarter, expanding by a less—than—expected 0.4%. it comes as asia's fourth—largest economy is caught between the us—china trade war and its own dispute with japan. and wework leaders have warned staff to expect majorjob cuts after a shake—up at the struggling office space company and the exit of co—founder adam neumann. its chief operating officer said it must now "right—size" the business to stem losses. that's after its biggest backer, softbank, agreed to invest billions of dollars after a plan to sell shares on the stock market collapsed. that's it for the business briefing this hour. the metropolitan police is working with facebook to try and stop terrorists livestreaming their attacks on social media. the force has started recording their counter—terrorism training exercises with body cameras provided by the company so it can further develop its artificial intelligence software. it's hoped the information will enable facebook to id

satya nadella is a great ceo. you know, the whole dream of the importance of software has really come true. the five most valuable companies in the world are these technology companies. 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

since chief executive satya nadella took over in 2014, the software giant has been moving away from itsm to focus on its cloud services. in the uk, the royal bank of scotla nd in the uk, the royal bank of scotland announced a loss in its latest results, due to the cost of its payment protection insurance. the edinburgh—based bank, in which the uk government owns a 62% stake, said its investment bank had a particularly challenging three months, reporting a pre—tax loss of $10 million in thejuly to september period after it took a $1 billion charge for ppi. carlos ghosn's lawyers have asked a tokyo court to dismiss all the charges made against the former nissan boss. his lawyers also accused the japanese government of conspiring against him, along with prosecutors and nissan executives. rupert wingfield—hayes is ok for us. what is the legal team saying?m rupert wingfield—hayes is ok for us. what is the legal team saying? it is a very interesting form of legal defence. they have not really addressed the charges against carlos ghosn. they are essentially saying that they are groundless. the

. >> oh my, satya nadella, they're growing.zure is not growing as fast andy hood is one of the best cfos, look, when you crush it like we are, you are gathering more and more people who are using our products, so we can't maintain that level of growth. but anybody on that rather short call recognizes they're gaining 2 billion people now not forget that. the actual ios 13s, some people feel this is now better. >> wait, what? >> no, i'm giving you a hard time, like microsoft versus apple. >> yeah. >> i tell you what i really liked about microsoft is satya nadella is basically making deals with everybody so he made a good deal with oracle he made a good deal with vmware. they are really -- it's all about part first you know what, i thought it was a monster quarter, generated a huge amount of cash. just throw it off. the stock's going to go to it's all time high. if not today, it was that perfect a quarter. >> their cloud busy grows. it's 11 of the 33 billion if revenue for the quarter i think. yes, yesterday you spent a lot of tim

they have really embraced the shift to cloud, so the cfo, amy hood, and the ceo, satya nadella, really ahead of this, ahead of anyone. they are taking share from oracle, ibm, many others in the industry. and we think that the momentum continues. what is notable is they have massive backlog, meaning many of the contracts they are signing, they are not recognizing revenue in the quarter, but they are recognizing the revenue over multiple periods. the future for investors is incredible, because these are multiyear contracts. it used to be $10 million, $50 million, $20 million and now are measured in the billions of dollars. that gives you future visibility. that is why the stock continues to grind higher. obviously, i think it is off a little even the overhang over tech right now with texas and some of the other software names trading off. but overall, you know, you cannot dream up a better quarter. taylor: that was jefferies analyst brent thill. chipmaker texas instruments struggled to allay investor concerns. the company posted a weaker than expected forecast on tuesday. it is another s

trillion dollar company is microsoft and they are skating aren't they too powerful in the way that satya nadellatole linkedin from you when i thought you had a deal with them >> they are the largest company in the tech industry, and platform >> not for social change not for social change. >> not for social change they have a consent decree with the fed. and i think amazon wed services is important -- web services is important. sales force is important it provides a set of choices for customers. >> you scared me a few years ago when you told me to buy, the book goes fleet. it's a terrifying book the chinese attacking our defense, and making us lose in a war. are you worried about that >> that's actually not my interpretation of the book we never talked about it so, my interpretation of the book and why i recommend ghost fleet for everyone to read artificial intelligence is one of the huge part of the fourth industrial revolution that we are going through right now. ai has tremendous opportunity. the technology is not good or bad, it's what we do with it that matters there will be dramatic consequ

satya nadella is a great ceo. the whole dream of the importance of software has really come true.ble companies in the world are these technology companies. microsoft has a good share of that. i get to spend about a sixth of my time now over at microsoft. david: 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 during our anti-trust trial, 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 could 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. you recently decided to make another effort not

i believe that the reoccurring revenue model totally makes sense for microsoft and that's why satya nadella, as pete always says, is the man. >> but no one thinks after 32%, given where the market is, you know what, the getting's been really good, maybe it's time to get on the sidelines >> i know in the office, we just had to upgrade our systems to ten, all of them that weren't, and a new ratio of 10, because they won't be supporting any others so there's this forced upgrade cycle. it used to be with microsoft, you could hang on and still be using windows 2003 you can't do it anymore. >> you can upgrade the technology that doesn't mean the stock is going to go exponentially higher >> agreed. i think it will do better man the market, both on the downside and the upside >> and this is one where the valuation orientation bites me in the you know what, because i can't buy it and i want to it's not cheap, there's not enough yield, but it's a major detriment to not be able to own it and i think microsoft is something you could buy for yourself or for your grandkid or your kid and hold for your wh

at the legacy model and that's not where they should be looking microsoft, it took a while but satya nadella got that thing going. right now, the cloud, and red hat was a great acquisition, paid a lot of money. >> let me ask you, you love microsoft? >> yeah. >> 36th to where it is now just think about that since the change in the ceo. >> i got you, but you got to try so hard and be willing to sit and make a compelling case in the face of headwind after headwind >> yeah. >> why bother? >> well, i think the patience fact is definitely something and i know you've probably been extremely patient as well. it's been tough, scott, quite honestly, to remain patient. what i can see what's going on, we've seen that out of intel and systems -- >> the only man on planet earth -- >> i remember sitting on this desk at microsoft, everybody said theying out to put mulally in there as ceo, i said, are you kidding me, the guy from ford? no, they got the guy from cloud. this acquisition, they did the right thing, give or take called a year ago and now the transition is great. >> you know why investi ining 1s i

if you look at that and what satya nadella has done since he's taper over, so many companies that cannot make that turn you look for the ceos who can make that turn that's why nadella is so special. that was a turn that stock was trading give or take call it $40 a share when he started this whole process and said look, we're going to the cloud. >> think about the cultural change he had to manage and to me that is the ultimate test of a ceo. that he took a culture very stayed at microsoft, even somewhat tired. >> tired. >> wasn't innovating, right, and just turned it around without massive disruption from the day he got there it's been straight up yes, i think he's one of the top ceos >> let's look ahead to amazon and intel. shall we >> sure. >> what do we want to say about those after the bell >> yesterday, you know, i talked about micron in terms of we look at different tech going on right now and also the semis in different ways i think intel actually has a chance to put up a pretty good quarter. in terms of amazon that's just the difficulty that they have to prove that aws is not losi

well, this is a tough one because satya nadella has done a great job.the pentagon just didn't pick him because it might be -- >> maybe, but, you know, amazon was seen as being in the hold position. >> and the president has -- >> there was competition from others, oracle as well but and we know what the president has said >> i know, but -- >> that's what happens when you mess with expectations like that >> i got to hear secretary mattis, no longer secretary, obviously, defense department, talk about independence. did not mention trump by name, but i felt that there was a degree of independence with the pentagon obviously if you want to make your life easy, you pick microsoft. we have seen the president go to tune on anyone who disagrees with him. >> nomura is out this morning, don't make it a catalyst for the stock. it is a multiyear deal, annual revenues small versus the total. it is rarely worked out this actually moves shares one way or the other. >> i don't know if i agree with that you're talking about 200 to $300 million free cash flow benefit i to

satya nadella. >> microsoft ceo. >> tough as nails, black tee-shirt. >> so when you aggregate wayfairbeyond, i mean these first-half growth ideas, when do they come back sheesh, i don't know, they're all in the penalty box look, i thought he did a good job on beyond meat the ones you just talked about, i think that one can actually bounce as millennial stock traders who do love it twilio as soon as you hear they had growing pains, we've reve reverted to fang fang was really never a way, it was kind of being mistreated and treated as a piniata sort of like zuckerberg were treated >> piniata >> i didn't get a chance to watch much of the mullenberg hearings i listened to your analysis. i listened to phil lebeau. you got to listen to phil. >> it was tough. >> he was treated pretty tough by phil. >> in the hallway. >> phil is coming after ou >> i don't think mullenberg planned on answering any questions. >> that was good reporting that was mike wallace, line 1, see you later. >> that was interesting. >> guys, i want to update a story a couple weeks ago activism presidentish from elliot and

was surprised about this conclusion tech analyst patrick moorhead says this is a big deal for satya nadella, in part because it's a powerful marketing tool and nadella can reassure companies working in highly regulated industries from banks to hospitals that his tech is secure enough for the u.s. military, so surely it's good enough for them as well. but the fight might not be over. amazon is reportedly considering a challenge to this award. guys, back to you. >> josh, thanks so much for that stephanie, unsurprising to see microsoft breaking out higher on the day the s&p 500 is probably going to close at a record all-time high. and the sector construct today is tech leading the charge >> it's nice to see. tech is leading the earnings charge, too. that's what's fueling the better than expected results. but i'm impressed that amazon has actually snapped back. i would tell you earlier, that i actually added to it, because i thought the quarter was better than the underlying kind of reports. but in terms of microsoft, the numbers initially on are not that big a million for the first two years,

okay it was more of a, look, we are believers in the platform and what they're doing and what satya nadella in my head. it's 1 trillion -- it's one thousand forty-six billion that would put it well above 1.1 trillion good old microsoft i guess they still sell some windows stuff. >> a lot of cloud stuff that they've done so well with. a lot of things. >>> wall street in wait and see mode as investors await the wait and see from china that's probably a big part of the reason that you've seen the futures down this morning. kayla tausche joins us with what's happening and what we can expect good morning. >> reporter: good morning, becky. the trump administration is raising the stakes for talks banning 20 chinese security bureaus and eight video surveillance companies from purchasing american parts without licenses they're punishing companies that they allege have assisted in harming muslim minorities. it was shefd ahead of the u.s.-china truce with the g-20 no word from commerce on why the decision to do this now. next two tariffs on $250 billion in chinese goods will rise to 30% barring anothe