elizabeth, we have and selina wang. selena, i want to start with you. explain this loan softbank is getting from the same bank that is doing the ipo for the wireless business. selina: we reported they have received commitments of a $9 billion loan for his vision fund which we know makes more and -- takes more more capital to fuel these bets they are taking. this is coming from the same banks underwriting the ipo of their wireless unit. it is not entirely unusual for companies to pick banks that have worked with them on past deals for ideas. we have reported that masayoshi son was telling these banks to sweeten the deal and be part of this enormous ipo, we would also like for you to loan to another part of the softbank empire. ist is unusual in this case that the loan would not be given to the same part of the business. it would be given to a different unit entirely which is the vision fund. the ipl is a big deal for softbank meaning mafiosi son -- will separate the business with the operational telecom unit. emily: what do you make of the unusual nature

that was selina wang. still ahead, women in the workplace. underrepresented at every level. why the movement seems to be stagnating. this is bloomberg. ♪ emily: spacex is looking to goldman sachs route. the space travel company is seeking a half billion dollar leveraged loan. goldman is leading talks with investors this week. to evaluation has climbed $28 billion as it has launched and landed rockets for reuse, reducing the cost of space travel. it's the third most viable venture backed startup in the u.s. after cooper and airbnb. companies ther, clear they are committed to gender diversity. according to a new study, progress is it just slow, it has stalled. compiling data from over 400 countries -- companies, the report showed women continue to be underrepresented at every level. they are earning bachelor degrees in asking for promotions and stay longer in the workforce, only one in five senior leaders is a woman and only one in 25 is a woman of color. we discussed this. companies need to lean in now. ,omen getting college degrees women are

selina wang and lane castleman -- kasselman.g up, a cloud software is's biggest product, but as the cloud space becomes competitive, with a push and i.t. keep it afloat? "bloomberg technology" is livestreaming on twitter. check us out @technology, and be sure to follow our global news network, @tictoc, on twitter. this is bloomberg. ♪ ♪ brad: competition in the cloud space is heating up as amazon, microsoft, and google muscle in. that makes it tough for smaller players. one has managed to keep up so far. they posted first-quarter earnings that beat estimates reporting 37% year-over-year in quarterly revenue. investors have reacted negatively with shares falling. what are the long-term future for smaller players? here to discuss is jay simmons. talk about that discrepancy. good earnings, yet the share price drops slightly. jay: it's hard to predict what the market will do. we focus on the decade and things we can control like building better software that more and more people want to buy. brad: part of the reaction is debt obliga

to discuss, we have elizabeth and selina wang. i want to start with you. first of all, explain this loan that softbank is getting from the ipo forks doing the wireless business. selina: we reported they have received commitments of a $9 billion loan for his vision fund , which as we know, needs more and more capital to fuel enormous events and technology they are making. these are coming from the same banks underwriting the ipo of the wireless unit. it is not entirely unusual for companies to take banks that have worked with them on past deals for ipos. -- reported that masayoshi son was courting banks. besweeten the deal, could $27 billion, we would like for you to loan to another part of the softbank empire. what is unusual in this case is that the loan would not be given to the same part of the business that the banks would be underwriting. it would be given to a different unit and hurley, which would be the vision fund. this ipo is a big deal for softbank. it means masayoshi son will be able to separate the dealmaking aspect, the vision fund, with the o

emily: that was deborah williamson and selina wang. still ahead, women in the workplace.t shows women continue to be underrepresented at every level. why the movement seems to be stagnating. i had. this is bloomberg. ♪ emily: spacex is looking to goldman sachs for some help. elon musk's space travel company is seeking a half billion dollar leveraged loan. goldman is leading talks with potential investors this week according to bloomberg sources. spacex's evaluation has climbed to $28 billion as it has routinely launched and landed rockets for reuse, reducing the cost of space travel. this means it is the third most viable venture backed startup in the u.s. after uber and airbnb. well, year after year, companies continue to declare they are committed to gender diversity. but according to a new study, progress is not just slow, it has stalled. compiling data from over 400 companies with some 20 million employees, the 2018 report shows that women continue to be underrepresented at every level. while more and more women are doing their part, earning bachelor degrees, in askin

. ♪ ♪ >> i'm selina wang in for emily chang. this is "bloomberg technology."hour, facebook user growth is its lowest since 2011. revenue growth declined. we dive into the third quarter results. plus, apple's big hardware overhaul. the tech giant revamped their macbook and ipad for the first time in years but is it too little too late?

>> i am selina wang in san francisco. this is "bloomberg technology." coming up, tesla has its foot on the gas when it comes to earnings. reporting a work -- a week earlier than expected. is the company even close to breaking even? plus, uber loses another. does this impact the road to the ipo? of steps away, why the head softbank was a no-show. what this means for the future ties to saudi arabia. story, tesla is pushing up earnings by one week. the announcement was made late monday as tesla is expected to deliver a record quarter and come close to profitability. that is according to none other than ceo elon musk. morgan stanley says it hopes to speed up earnings and is more likely a positive sign. following this announcement, citroen researchers performed a surprise u-turn, saying he is long on the company. been a vocal long-term shorter of tesla, but now says, like a magic trick, well everybody is focused on elon musk smoking weed, he is quietly smoking the whole automotive industry. we'll hear from him later, but let's turn to bloomberg is this week'

also with us is selina wang. thank you both for joining us.eoimagining softbank's sitting in than empty room next week. what kind of position is he in right now? a major partner of the saudi public pension fund and here he is abandoned by all of the other silicon valley ceos. s in great folk positions like that can look at things from a broad perspective. at the case, looking saudi investments over the past decade, it has been impressive. they have been involved in deals like hundred million dollar deals with tesla and it deals with uber. those types of deals have been happening despite what the saudis have been doing as a country for the past decade. he has the benefit of perspective and we will see that over the long term. brad: is there anything masayoshi son can do right now? saudi arabia is responsible for half of the vision fund and re-upping for a second one. what is he contractually able to do? selina: it is an extremely precarious position right now. committed 45 billion to the current fund and the upcoming fund. find otherrsify and p

emily: join us now to discuss this is selina wang. deborah. what do you make of these numbers?rs are coming back and spending more. monthly active users keeps going down. it's difficult to see the progress. it we are challenging every week. >> he just talked a lot about health. if you're going to get healthy, you need to lose some weight. twitter, it's losing a few million users. that is a positive step. i think the focus on the daily active user number is important and needs to be done. the steps that they are taking to make its products better, to reprove itself to advertisers are starting to pay off. once this weight loss is gotten done we will see users rejuvenate again. we will see advertisers come right along. emily: twitter does not report daily active users. you wonder why. >> the fact that they don't report it means there is something they are not comfortable with. ned did repeat that it's below half of what the mau is. there is a lot of room for growth. something that was concerning, dau went single digits for the first time in several consecutive quarters. that means

studio, we also have bloomberg tech's selina wang, who covers softbank.ner left door because you said that they were still working to cover the best together the front from a lot of places. can you talk to us about the couple of ceos refusing to ofend, but in the context the new information we are double about a body being sent in, and more signs of alleged premeditated murder. leaks coming out, they have been this sort of the drip, drip of leaks been provided by the turks to various media outlets and i think every time the saudis come up with an explanation or a version of events, the turks seem to be leaking yet more information, to raise it out and put pressure on saudi arabia. that is basically making it very hard for senior officials of companies, senior ceos, to agree to be at the conference because they feel that right now, it may taint or raise questions against them about their relationship with the leadership of saudi arabia. people, reallyng come out the last moment, as the conference is about to start, dropping out. emily: selina, we don't kno

>> i'm selina wang in for emily chang. this is bloomberg technology. in the next hour, facebook user growth is its lowest since 2011. we dive into the third quarter results. plus, apple's big hardware overhaul. a revamped their macbook and ipad for the first time in years but i is it too little too late? and t-mobile. earnings are out. t-mobile's earnings are out. first to the top story. facebook shares fluctuating after reporting third-quarter earnings. the social network reported expert -- mark zuckerberg still seems confident in the press release stating "our community and business continued to grow quickly and more than 2 billion people use at least one of our everyday. we are building the best services for private messaging and stories and there are huge opportunities ahead in video. the earnings call is just starting and we will bring you the biggest headlines as they come in." we have david kirkpatrick and deborah in seattle. last quarter facebook already warned us there would be ,lowing growth, rising costs were things quite as bad as investors

. ♪ >> i'm selina wang in for emily chang. this is bloomberg technology.r, facebook user growth is its lowest since 2011. we dive into the third quarter results. plus, apple's big hardware overhaul. a revamped their macbook and ipad for the first time in years but i

selina: sarah mcbride and ray wang, thank you both for joining me. e social media companies successfully fight off future attacks? this is bloomberg. ♪ selina: twitter has become entangled over the jamal khashoggi issue. several accounts tweeted and retweeted messages pledging loyalty to the kingdom's france halloween the journalist's disappearance. the suspension is the latest in twitter's crackdown on bots. the company has disclosed counseling to pro-iranian government operatives. here to discuss is dr. samuel wooley. we are seeing these manipulations have it on social media across countries more and more ever since the 2016 election. how are these tactics evolving? samuel: whereas before we saw basic animated bots, now they are being used to amplify attacks, not just in the united states but all around the world. arguably it has been happening for quite some time. selina: there were reports that jamal khashoggi was just one of many influential voices that was targeted by the saudi ring government sponsored troll farm. what do you make of that and h