bloomberg's selina wang.reat coming up, this week's addition taking a look at the mobile game show hq trivia. how the company is funding your prize money next. looking ahead to the next series of u.s. economic reports, including retail sales. we will get earnings from jb --ning and will spout jpmorgan and wells fargo. emily: intermediate hq trivia may look like an ordinary mobile gameemily: intermediate hq triva may look like an ordinary mobile game show but it has made serious headlines of the past few weeks. each online broadcast starts out with questions that start off easy and get tougher with every round grade the principal ranges from $2000 to $18,000. still with us, david kirkpatrick and what were your initial thoughts about hp trivia when you went to visit? >> my initial impression playing the game because it is so weird, as many people observe, this is so hot that there have been a zillion think pieces. it has this black mirror quality because there is a guide by himself in a room and you are interac

emily: out to bring selina wang who covers the story for bloomberg. who was there in person.nchors what your impression was today, the general sentiment among lawmakers and how they responded. you heard solid questions from both democrats and republicans. you heard the tech companies on the defense, making the claims have been making, that they have made incremental improvements, but you heard there were some gaps, and lawmakers were pressing them. andking to a terrorist use the wide range of issues of nefarious acts on these platforms. the general take away from the hearings is that while there have been some incremental measures taken by the tech companies in response to --ssure from capitol hill there are still a lot more -- there is still a lot more to be done both on the terrorist fought and other actors interfering in the midterm elections. that came up in the hearing as well. child sex trafficking has been an issue -- and there is a need to step up. there is questioning on resource allocations on these issues, why aren't there more dollars and more people? they have wr

joining us now, the author of this story, selina wang. rguments coming from these shareholders? they are saying facebook and twitter have not done enough to combat harassment on the platform. emily: it is about time, right? selina: very true. but this is particularly interesting because of who you have behind it. you have one of the largest pension funds backing it. they hold tens of millions of dollars of shares for twitter and facebook. they want to see more disclosures. the argument is that it is not just a societal problem. it is also a financial issue. as more women feel they are being harassed or feel the platform is unsafe, this will cause people to vote with their feet and leave the platform. they cited the #metoo movement. also, the twitter boycott late last year as prime examples. also, it is not a woman problem, it is a people problem. fake news and manipulation, people don't feel necessarily as safe going to these platforms as they are subjected to content. emily: what do shareholders want the platforms to do? selina: they want

emily: that was gopro ceo nick woodman speaking with selina wang.h firms big and small are flocking to las vegas for the consumer electronics show. driverless and electric cars are dominating with uber and volkswagen's showcasing the wonders of ai . all eyes will be on the of layoffs over the last ceo who will give a speech. alistair barr is with us. what are we expecting him to say about this incredibly pervasive chip law? alistair: i don't think he was planning on doing it a couple of weeks ago even though intel have known about this for several months. what i think he has to say is yes to make all his major customers -- microsoft to google -- he will have to make it very clear that when they put these patches in place, the performance of a personal phoneer or server or will not slow down. there has been a lot of debate about whether these fixes will really slow machines down. he comes out and says his support for my argument will not slow everything down will be good. he will may have to be more open about the machines being slower. emily: this a

i'm selina wang in for emily chang. now to the top story of the day.narrowed its list of potential headquarters for a second headquarters down to 20 cities. this includes new york, boston, toronto, chicago and miami. this is expected to create 50,000 jobs and cost williams of dollars. -- billions of dollars. amazon is really breaking away with this public spectacle from its very secretive methods of expansion. why do you think that is? to dohis have anything with trying to boost its profile under trump's agenda? >> thank you for having me. i think it has everything to do with them highlighting how important they have become to the overall economy and the marketplace, and how they are driving a lot of the innovation happening in online and off-line retail. you are right. jobs is wildaying as you go on and reads -- read the press release. they have hundreds of thousands of employees. they are not small by any means. it's important for them. it will be equal in terms of their statue in -- stature in seattle. it's a big deal for them. it's another example

emily: that was selina wang and julie.loomberg lp operates a global news network on twitter called tick-tock. in the biggest blow to the renewable energy industry yet, president trump decided on monday to slap tariffs on imported solar panels. the u.s. will impose duties as much as 30% on solar equipment made abroad. it is a move that threatens to handicap the $28 billion industry that relies on parts made abroad for 80% of its supply. the industry has predicted tens of thousands of job losses in a sector that employed 260,000. coming up, uber's ceo speaks to bloomberg tv from davos. he says the ride hailer aims to be profitable. if you like bloomberg news, check us out on the radio. you can listen to us on the app, bloomberg.com, or on sirius xm. this is bloomberg. ♪ ♪ emily: google's ceo has opened to paying more in taxes. at the world economic forum, he explained the more important question was where google should pay. the company's current global tax rate is 20%. critics have accused large u.s. technology companies lik

our talk withs selina wang and tom giles.sing, we have a slew of tech earnings next week. you will find full coverage and analysis as we get results from facebook, apple, amazon, and alphabet. that does it for "bloomberg technology." we are live streaming on twitter. check us out. that is all for now, this is bloomberg. ♪ >> the following is a paid advertisement for time life's -- time life presents the 60's. the youngbloods: ♪ come on the people now, smile on your brother, everybody get together, try to love one another, right now ♪ announcer: the 1960's was an era marked by an explosion of a counterculture that shaped an entire generation. >> ♪ want to take you higher i want to take you higher ♪

emily: that was gopro ceo nick woodman, speaking with selina wang.g up, as a longtime netflix executive, she pushed forward the thinking that employees are adults and deserve freedom. and somehow, it worked. we speak with patty mccord,. next a reminder, all episodes of "bloomberg technology" are live streaming on twitter. this is bloomberg. ♪ emily: welcome back to "the best of bloomberg technology," i'm emily chang. during her 14 year tenure at netflix, paddy mccourt helped to define the modern workplace. she was one of the authors of the famous 124 page missive called "netflix culture: freedom and responsibility" that has been 1 viewed 15 million times. -- buteka and val silicon valley has not always been the image of maturity. cutting the cord just published a new book this week and joined us from new york. that wedn't just assume would have a great culture that would stick around and be the same forever. we realized that we could inundate and evil the culture of the company, at the same time we were innovating and evolving the product itself. cas

i'm selina wang in for emily chang.turn hundreds of billions of dollars in overseas cash to the u.s. in a statement, the company said it will pay $38 billion in repatriation tax. apple plans on investing in tens of billions. it will give its employees a $2500 bonus after the new tax law. emily chang caught up with alex webb. aex: they spent the money on new campus will be for support. they already have one in austin. emily: how many jobs might that create? alex: it would create 3000 jobs. that is good news from a political perspective, but given they have 84,000 already, it is a big bum. -- bump. that is over five years. emily: what else does this mean? alex: if you look at the numbers, the big number they want everybody to talk about is they will spend 350 billion dollars in the u.s. over the next five years. the odds are they were going to , spend that much already. the new deal is $30 billion spent in the u.s. if you subtract that from a $252 billion i have offshore, they still have a huge pile of cash, and that is w

. ♪ ♪ selina: i'm selina wang in for emily chang, and this is the "best of bloomberg technology."tex back on capitol hill and this time, it , is all about fighting online extreme wisdom -- online extremism. amazon's list of where it will build its headquarters. with thousands of jobs and billions of dollars at stake, we will catch you up on the details.

let's get to the first word news with selina wang. for the under janet yellen, keeping rates unchanged but setting the stage for a rise in march. the fomc expects condition will evolve in a manner that warrants further gradual increases. the fed again said that near-term risks to the economic outlook appear to be roughly balanced. u.k. prime minister theresa may has vowed to fight eu attempts to extend protection for ex-pats until 2021 as a condition for a transition period. may said the block should stick to its original cut off date of march 2019. she said there is a clear difference between people who want to put britain before brexit and those who arrive knowing the u.k. is no longer a member of the eu. u.s. oil production has climbed above 10 million barrels a day for the first time in four decades, another indication of the shift in global crude markets. the milestone comes weeks after the international energy agency says the u.s. was poised for explosive growth in oil output. that would push it past saudi arabia and russia in 20

i am selina wang, and for emily chang a it on the top story for the day. noted its list down for headquarters. among the top contenders is new and, boston, chicago, toronto. it is expected to create 50,000 jobs. joining us now is an analyst who covers amazon and at jmp securities. why do think that is -- this is have anything to do with trying to boost its profile under trump's agenda? >> thanks for having me. i think it has everything to do with them to show how important they have become to the overall economy and the marketplace and how they are driving innovation that is happening both in online and off-line retail. you are right, the $5 billion come at the 50,000 high-paying jobs, it is wild as you go on and read the press release. over 500 thousand employees worldwide, so they certainly aren't small by any be equal anding to stature. it is a big deal for them. and it is an example of how important they are to the broader ecosystem of commerce in the economy. >> i want to shift gears to their new ventures. guest sacrifice profits for growth, and have

emily: thank you for joining us .s well as selina wang samsung will report its final fourth-quarter resultss worry about chip demand. we had to hong kong for the full report, next. this is bloomberg. ♪ mattel is taking another shot at turning its iconic toy lines into mobile games. mattel is entering into a joint venture with china + biggest videogame maker. they will debut their own a game. such lastplan to use mattel lines as barbie and fisher-price. samsung is getting ready to deliver its fourth-quarter results. -- final quarter resorts. -- results. stephen, what should we be looking for in these final fourth-quarter results? >> we will get net income and the breakdown of various divisions like chips and displays which have done really well. it was a record year for samsung electronics. is applied that apple supply chain with memory chips. it is 7% against the greenback and i was looking at statistics from clsi. one say that for every 10 yuan increase, that was about 600 billion yuan. despite all the surgeon or fairly stable contracts supply of those screens and chips to the likes of app

joining us is selina wang who covers twitter, as well as a hour, and of the david fitzpatrick wrote thebook effect. basically, facebook is going to ask users what it believes which publications they believe's most trustworthy and prioritize news from those publications, correct? >> right. ony're algorithms based users -- and it gives us things that are relevant, something we need to see more of. there is a set of users who are going to figure out what use is trustworthy on facebook. be company doesn't want to the arbiter of truth, is resourcing that. crowd is not always the best thing when it comes to determining what is trustworthy, has alsohe crowd created this viral, they can use phenomenon. pods --re eating tight tide pods on youtube. but it allows facebook to avoid perceptions. this seems to fail to take into account that people are idiots. someone tweeted that a lot of people are basically idiots. what do you make of facebook putting this back into the hands of the people? facebook will never act like it believes that ordinary people are idiots. and fact, it is the wisdom of the c

the part of the recap intact, we have selina wang and executive editor tom giles as what this means for the social media company. >> the plate a great role in the revenue part of the business. he lives a bit: twitter, but not enough that will stop the positive momentum the company is in now. we know that advertiser growth is rejuvenating on the platform, and his leaving is not going to stop that. it does leave a question about the future of the company. jack dorsey is the ceo of two companies at the same time, and having a coo is seen to be a big reason because they have a dual time coo, and it begins to question what happens to the company and how the board begins to fill that. i'm happy of him and proud of everything, just on twitter coming has been a friend, partner, and mentor for years. he has my support and gratitude, thank you anthony. overflowing with gratitude, but at the same time, we are hearing chatter about salesforce acquiring twitter. what are we hearing and what does it mean questio? several companies looked, disney look, a lot of companies looking at twitter, so the cha

for more on how this all went down, we are joined by bloomberg news tech reporter selina wang.ow did this all play out? how big a loss is this for twitter? reporter: they certainly delivers a blow for twitter, especially at the beginnings of their early turnaround strategy. they are finally starting to show some revenue and user growth. did put insaid, noto place much of the structures they needed to start this turnaround, paring back some of the other parts of the business to focus on user engagement. some sources have also said this could provide a good opportunity on product division, and this may the and adjusting way for jack to pursue some other pass that had not been possible with noto. tweeted "i'morsey happy for him and really proud of everything he's a compass that twitter. he's been a friend, partner, and mentor to me. he will always have my friendship and gratitude. thank you. we love you." let's talk about the real logistics here of the fact that they are not refilling this position, and what that means. reporter: i just got off the phone with a source. it is not c

we got all the details from selina wang. >> that delivers a blow to twitter, especially just at the veryarly beginnings of their turnaround strategy. several analysts upgraded their company. they are finally showing revenue and user growth. noto did put in place much of the structure they needed to continue this turnaround. some sources have said that this could provide a good opportunity for jackson. he and noto haven't always agreed on product division. this could be a way for him to pursue other paths that haven't been possible. emily: there was a tweet. one of my favorite commentaries is that twitter now has three interns and a part-time ceo. let's let's talk about the logistics. >> do they keep the current organizational structure that was reporting to noto? he was in charge of the business structure. do they want to change that? if so, do they want to promote someone to fill that role, or do they want to hire someone from outside? as of now, they will disperse that and have the top ring fill in the position that he is now leaving. you are right, we have a dual ceo at this company,

♪ >> i'm selina wang denver emily chang, and this is the "best of bloomberg technology."ig tech spec on top of the hill, and this time, it is all about fighting online extreme wisdom -- online extremism. of where it will build its headquarters. apple brings home hundreds of billions of dollars in overseas cash to the u.s. we have the stories. now to our lead. amazon has narrowed the field 2, its second proposed headquarters in the u.s. 20 cities made the cut. the project is expected to cost $5 billion and create 50,000 jobs. we caught up with our reporter a ceo.zon along with i wound read too much into the three areas around washington, d.c., because amazon ,s likely targeting labor pools and those very often cross geographic lines. even though that could simply be amazon focusing on that general area, but it has to negotiate groupsfferent political because of geographic boundaries. has been your intel digging into the tech hubs in the country. what did you find? >> we looked at a lot of our data, which we have on almost half a billion people in terms of their skills and

call, visit, or go to xfinitymobile.com >> i'm selina wang denver emily chang, and this is the "bestgy." big tech spec on top of the hill, and this time, it is all about fighting online extreme wisdom -- online extremism. of where it will build its headquarters.

emily: selina wang who covers twitter for us, and facebook. and for the counter extremism project.hank you, tara, for your input. while the senators look for answers on how to fix social media one of mark zuckerberg's ,mentors shared his ideas on what can be done. take a listen to a bit from our upcoming bloomberg studio 1.0 interview. >> not only is it not enough, it is completely irrelevant. you cannot fix this damage after the fact with people policing it. these things are embedded in the algorithms. the same thing that makes facebook and most compelling platform for rock 'n roll band and consumer services companies exit the perfect platform for bad actors to abuse people. you only can fix the problem by fixing the algorithms. you have to make is so that anger and fear are not the predominant ways that people are motivated to act on facebook. again, without advertising -- if you are not dependent on advertising or not as dependent on advertising, you do not need people to be addicted. you do not need to make them angry. you do not need to make them fearful. moneyyou do not make

bloomberg's technology selina wang there. a quick check of the business flash headlines.not default and will pay all foreign debt. they are selling assets in the face of the official scrutiny over its investment strategy. of its hoteld most and theme park assets for $9 billion and managed to cut debt by $7 billion, leaving $10 billion in cash. haidi: the biggest ports shoemaker maker is offering $1.5 billion to delist the unit from the stock exchange. it will pay 32% above the closing price for yue yuen. it accounts for 20% of the combined host so value of global branded sports and leisure footwear. singapore airlines has reinforced its lead over cathay pacific with passenger traffic rising 5%. it confirms the airline's decision to combine its budget airline. pacific does not have a low-cost operation and this missing out on the growth of budget travel in asia. russiasaudi arabia and give us their outlook for oil with the market still not rebalanced, rio to ring that commitment to low volatility and stable prices, but we look at whether compliance and shale will be the re

of course, nick woodman, the ceo, told selina wang that jpmorgan is gopro's banker.gaining better than 4.5%, rising the most in a year. strong holiday sales of the department store chain. it also raised its profit forecast and that all lines that the sale gains in the final two months of seven -- 2017. dave and buster's falling more than 1/5 of its market value. not all retailers benefiting here. -- what washe this?about caught up -- it got caught up and everything else. joe: there is a blog post that says they own a lot of the ruble currency. julia: that is all it takes. scarlet: it does not matter what the original company was. if you say anything with cryptocurrency, the stock gets a bit. joe: nothing happens in treasury so we can move right on. julia: let us look at currency lands. i will show you the dollar. the canadian dollar and the euro-dollar, as well. relatively unchanged. you can see the dollar index stronger by 0.4%. i want to see what was going on in dollar. 86% priced for a rate hike when we get the decision on january 17. a lot of domestic banks are s

. ♪ ♪ >> i am selina wang, in for emily chang, and this is the "best of bloomberg technology."big tech is back on capitol hill and this time, it is all about fighting online extremism. amazon narrows its list of where it will build its headquarters. with thousands of dollars and billions of dollars at stake, we will catch you up on the details.