let's return to our exclusive conversation with sheryl sandberg. ok is competitive, but for with high rewards and benefits employees. in an age where companies already expect so much of their staff, i asked her if there is a downside. sheryl: we offer things, but we don't require it. we offer dinner, but we don't for dinner.come there are companies -- people who take it home in a box. i think companies have an obligation to do with a can for employees and that also means contractors. we did something two years ago which was pretty unprecedented witches we announced we were going to pay all contractors who worked at companies of a certain size, they get paid a minimum wage of $15 per hour in the united states and get paid leave. that is something that more companies can do. i recognize the margins we have and we are able to do more. i think almost all companies could stretch to do more for their employees and offer their employees as much as they can. i think this is the 21st century commitment we need to people who work for us. that includes contrac

sheryl sandberg helped build google ads into a multibillion-dollar business, then did it again at facebookshe's into her 10th year as the social network's coo, having made a giant dent with her book, "lean in." then the unthinkable happened. her husband, ceo of surveymonkey, died suddenly after a heart incident. heartbroken, she started writing again, and published "option b." now she has a new call to action to companies and their leaders. joining me today on "studio 1.0," facebook coo sheryl sandberg and author of "lean in" and "option b." when you wrote your first public post about his death, you shared advice about how to approach someone who is going through something tragic. don't ask "how are you," ask "how are you today." how are you today, in this moment, two years later? sheryl: i realized after i lost dave, how badly we deal with grief, how badly we deal with not just finding what we need for ourselves but supporting each other. i realized that, before i lost him, i had no idea how to handle a colleague going through something hard. i would say, i'm sorry for your loss, and i wo

sheryl sandberg helped build google ads into a multibillion-dollar business, then she did it again atacebook. she's into her 10th year as the social network's coo, having made a giant dent with her book, "lean in." then in 2015, the unthinkable happened. her husband, dave goldberg, ceo of surveymonkey, died suddenly after a heart incident. heartbroken, she started writing again, and published "option b." now she has a new call to action to companies and their leaders. joining me today on "bloomberg studio 1.0," facebook coo sheryl sandberg and author of "lean in" and "option b." when you wrote your first public post about his death, you shared advice about how to approach someone who is going through something tragic and you said, don't ask "how are you," ask "how are you today." how are you today, in this moment, two years later? sheryl: i realized after i lost dave, how badly we deal with grief, how badly we deal with not just finding what we need for ourselves but supporting each other. i realized that, before i lost dave, i had no idea how to handle a colleague going through somet

sheryl sandberg has said that there are more than 70 million snb's on facebook.acebook essentially integrates a search function into messaging. and in asia specifically, we done a lot of studies on that. messaging forile gathering. people may ask what do we do for dinner, specifically. at about five dollars revenue per user. we come up with an upside scenario, seven dollars per user. thebout 30% upside versus 2019 estimate. it discounts on the asian business model and we take the full five dollars from yelp. julia: i want to talk about amazon as well because your super bullish on that. whatyou have for 2019, specifically is it that you see a potential for amazon? i know china is also another area where they can monetize going forward. mr. lee: china is very interesting, right? we saw the chinese consumer having increased demand for foreign products today. kind of an interesting situation where, for the first time, amazon has a competitive advantage. they have global selection scale. do lead in product selections. this point, at china e-commerce is very significan

. >> sheryl sandberg saying that facebook is committed to using his power for bed. >> we are not perfect. we make mistakes. >> the finance minister banks flocking to paris after brexit. >> we will win the race, of attractiveness. >> he explains why he wants right to stay on hold. >> i think we have a ways to go in inflation. >> and come out we have the floor as we sort through the earnings report. >> the results are underpinned by strong strategy. >> we would like to move away from talking about just pricing, it is also about value. greatobviously have the brands to be able to reach in so many directions, a combination of trends, technology and consumer trends. >> all of that, straight ahead on "bloomberg best". ♪ rishaad: hello, welcome. i am rishaad salamat and this is number best, your weekly review of the most important business news, analysis and interviews on bloomberg television around the world. physical tension -- geophysical tensions dominated this week, with this on monday. china says that it is confident that the new u.s. sanctions on north korea will bring the reclusive stat

. >> sheryl sandberg saying that facebook is committed to using its power for good. >> we are not perfectwith so many people posting to facebook, we make mistakes. >> france's finance minister sees banks flocking to paris after brexit. >> we will win the race, of attractiveness. >> james bullard explains why he wants right to stay on hold. >> i think we have a ways to go on inflation. >> and we sort through earnings reports. >> the results are underpinned by strong strategy. >> we would like to move away from talking about just pricing, it is about volume. >> we obviously have the great brands to be able to reach consumers directly. it is a combination of brands, technology, and consumer trends. >> it is all straight ahead on "bloomberg best". ♪ rishaad: hello, welcome. i am rishaad salamat, and this is "bloomberg best," your weekly review of the most important business news, analysis, and interviews on bloomberg television around the world. geopolitical tensions dominated the news this week, starting with a pointed exchange of diplomatic signals on monday. >> china says that it is confid

and improving the culture of silicon valley, we'll hear from sheryl c.o.o. from sandberg to making technology more diverse as google deal with issues of its own. all that come to in the next two hours. about 30 minutes in the trading day in the u.s. and julie hyman is here. stocks lower for a third straight day and increasing in declines it looks like. julie: accelerating since the opening bell. the third straight decline and the steepest decline over a three-day period since may. we are still seeing some concerns about a global tensions based on north korea rhetoric. and we're also still getting some earnings that are disappointing from some quarters. notably from what's going on with retailers. you look, macy's and kohl's reporting a decline in same store sales and both reported declines less than estimated. macy's earnings came ahead of the analysts. an analyst at citigroup said the second quarter was less bad than the first quarter but isn't enough to impress the market and he cited a very weak sales growth margin equation and could be feeding into the decline. dillar

betty: sheryl sandberg speaking exclusively to emily chang. to come with asia's first major market open moments away. we are watching the opens in australia, tokyo, korea. yvonne: we had japan machine orders coming in short of estimates. yvonne: it certainly was a big mess. we saw the dollar-yen bounceback lower. about 110. that could be a good boost for japan equities. we are expecting a risk off tone. theseto be halting tensions in the u.s. and north korea. open will be the key thing to watch, and the kospi. toh more as we look ahead the korea defense stocks and yuan. this is bloomberg. ♪ ♪ >> north korea stokes the fire, threatening a for missile strike on guam. they say president trump is bereft of reason. markets remain muted. theasia-pacific will halt flight to safe haven assets. , viewersury fox demanding more cable news. estimates, launching half $1 billion drive into online finance. is the second hour of daybreak asia coming to you live . i'm is on -- yvonne. betty: i'm betty liu. we are watching how the headlines coming out of north

in fact, sheryl sandberg came to the u.k.o the home secretary a couple months ago and had just been in silicon valley talking to the social networks and how they could crack down. really it is germany that has , led the charge. emily: david, social networks, facebook, google, they have thousands of workers around the world not just dealing with , hateful content but offensive , content, inappropriate content. they have been criticizing for outsourcing this work, some of the hardest work, to other countries where maybe employees don't have the same protection. what do you think of that? >> i've never been a big critic of outsourcing. jobs are jobs and people if they are capable should be allowed to do work. the one question here is, does facebook have sufficient control and guidance capabilities over the people who technically work for outsourcing companies? i suspect they do. those people in many cases are extremely talented and well trained. it is hard work. it is the kind of work that americans don't want to do. it involves

sheryl sandberg spoke exclusively to emily chang.he came clean on if she would ever run for higher office. : i feel fullyrg challenge. facebook just hit 2 billion users around the world. we know how deep our responsibility is. i am glad i wrote option b. it was an emotional thing to do. it was important. if it helps one person, that gives dave's life more important. emily chang: would you ever run for office? cheryl: no. emily: got it. you have been here nine years p.m. what are you most proud of, and what do you still hope to do. ? i am most proud of our team. they work so hard to get it right. the correct when they need to. i am proud of them, grateful i am on this team. david: sheryl sandberg, you can watch an entire view on the bloomberg. coming up next, more on those tensions with north korea and analysis of what is at stake. this is bloomberg. ♪ who knew that phones would start doing everything? entertaining us, getting us back on track and finding us dates. phones really have changed. so why hasn't the way we pay for them? int

sheryl sandberg helped build google ads into a multibillion-dollar business, then she did it again at into her 10th year as the social network's coo, having made a giant dent with her book, "lean in: a call to action for working women." then in 2015, the unthinkable happened.

sheryl sandberg helped build google ads into a multibillion-dollar business, then did it again at facebookinto her 10th year as the social network's coo, having made a giant dent with her book, "lean in." a call to action for working women. then in 2015, the unthinkable happened. her husband, ceo of surveymonkey, died suddenly after a heart incident. heartbroken, she started writing

coo sheryl sandberg is on the wish list.ndberg if she surprised by the sexual harassment allegations and the exit of uber ceo. >> sexual harassment has been around for a long time in any industry. it is abominable that it still exists in this day and age. people know better. it is great when people lose their jobs when it happens because that is what will get people to not do it in the future, and i think this is a leadership challenge. as the leader of the company, there needs to be no tolerance for it. full stop. no one should go to work and face this. francine: what is your advice to the next leader of uber? what ise respond to tolerated and encouraged. a great leader can change the culture of almost any company and situation. you put in your policies, you have new procedures, your language is different. i am always optimistic. one uber investor comey he would die to have you in that spot. why not? >> because i love facebook. i really do. i love my job, i love every new mission about eldon community and i love the communi

sheryl sandberg helped build google ads into a multibillion-dollar business, then did it again at facebookcial network's coo, having made a giant dent with her book, "lean in." then the unthinkable happened. her husband, ceo of surveymonkey, died suddenly after a heart incident. heartbroken, she started writing again, and published "option b."

sheryl sandberg helped build google ads into a multibillion-dollar business, then did it again at facebookk's coo, having made a giant debt work with her -- a giant dent with her book. then the unthinkable happened. her husband, ceo of surveymonkey, died suddenly after a heart incident.

. >> sheryl sandberg saying that facebo i

sheryl sandberg helped build google ads into a multibillion-dollar business, then she did it again atial network's coo, having made a giant dent with her book, "lean in." then in 2015, the unthinkable happened. her husband, dave goldberg, ceo of surveymonkey, died suddenly after a heart incident. heartbroken, she started writing again, and published "option b."

how to build resiliency and deal with loss and find joys in life by sheryl sandberg who lost her husband a little of her year ago. that has been a very eye opening book. one of the books i'm currently reading with my 8-year-old son are the graphic models by john lewis that talk about the civil rights movement and my son is transfixed by the stories in the book talking about how people fought for civil rights and equal would be in this country. one of my favorite authors i'm looking forward to reading this book. it is the fight for freedom so i will be reading

on bloomberg technology, facebook coo sheryl sandberg joins host emily chang for exclusive interviewany culture, leadership, and the social network path global impact at its headquarters in menlo park. that is tomorrow at 10:30 p.m. u.k. time. that is your bloomberg business flash. manus. manus: juliette, thank you very much. gold is under pressure following the dollar plus rebound, and now a major australian producer says, to beat the global slump, mining companies need to go underground. goldman sachs estimates supplied will be this year, and the executive chairman of northern star resources says, smarter exploration and lift output. let's get to paul allen. he joins us from the diggers and dealers conference in western australia. all, good to see you this morning. a lot of the aussie gold miners are sitting on healthy cash piles. we heard this from one of the gold miners here last week. he wants to keep a hefty bit of cash on the side. are we expecting to hear news of acquisitions? there is no doubt that the aussie miners are sitting on an awful lot of cash at the moment. the top

i spent time meeting many people , many of them you know, eric schmidt, sheryl sandberg, tim armstrong. and that was it. emily: google had just gone public, but the business model was yet to be set in stone. nikesh: the business model was pretty robust. google was around doing $2 billion in revenue at that point in time. but i would say the international operations and scaling was still very early. tim armstrong was doing really great job, because the team he ran was doing really well and he already put that into place. we took the model that he built and deployed it across europe. tim and i used to compete on how big can we make it. emily: google has since become up of that, dominates the online ad market. what do you see as the biggest risk to the business model? nikesh: we fail to realize how much effort and execution it takes to build an advertising juggernaut, which google has built and has in place, which works really well. i think facebook has built one, too. i don't think there is a third. i don't think there is a third platform out there which has the scale to be able to build

i spent time meeting many people, many of them you know, eric schmidt, sheryl sandberg, tim armstrongand that was it. emily: now, google had just gone public, but the business model was still to be set in stone. right? nikesh: the business model was pretty robust. google was around doing $2 billion in revenue at that point in time. but i'd say the international operations and scaling was still very early. tim armstrong did a great job, because the team he ran was doing really well and he already put that into place. we took the model that he built and deployed it across europe. tim and i used to compete on how big can we make it. emily: google has since become alphabet, dominates the online ad market. what do you see as the biggest risk to google's business model now? nikesh: we fail to realize how much effort and execution it takes to build an advertising juggernaut, which google has built and has in place, which works really well. i think facebook has built one, too. i don't think there is a third. i don't think there is a third platform out there which has the scale to be able to b

. >> sheryl sandberg saying that facebook is committed to using his power for bed. >> we are not perfect

sheryl sandberg or meg whitman. what have they been saying about this?ressed this without explicitly addressing it yesterday. she put a short facebook post that said, there is no biological difference among men and women when it comes to engineering, and we have a long way to go. so far there has not been a lot of women and that have come out at the higher executive levels. we saw megan smith, a former google executive, yesterday come out strongly against the memo and claiming there is -- she said on bloomberg tv -- there has been this pattern across the industry that has almost reached class-action level. haidi: mark, thank you so much for that. mark bergen talking about this latest google controversy, gender issues and golfing silicon valley. in the meantime, let's take a look at the state of play early in the asian trading session. we had volatility spiking 11% in the wall street session. particularly the tokyo session, nikkei 225 up by .5%, yen as the outperform or overnight. safe haven demand falling on the back of strong rhetoric from president tru

. >> sheryl sandberg saying that facebook is committed to using its power for good. >> we are not perfectple posting to facebook, we make mistakes.

don't miss sheryl sandberg joining me tomorrow on bloomberg's "studio 1.0." ♪ announcer: from our studiosn new york city, this is "early rose. -- charlie rose." charlie: kurt andersen is here. his new article traces the history of today's assault on theh and fact, looking to 1960's. he writes that the election of donald trump revealed a critical mass of americans untethered from reality. your article was adapted from the upcoming book, "fantasyland, how american went haywire." let's talk about the big book. it goes all the way back to 1500? year history going back to the pilgrims. charlie: religion is a part of the story. >> it's definitely a part of the story. smoke and mirrors, american business, show business, lots of stuff. we always wear big dreamers and true believers, believe or -- believers of the fanciful and equilibriumh an with practicality and pragmatism, yankee clarity. , in talk about in this book the 1960's, that balance went away. we lost the balance. suddenly, everybody was committed to find her own truth and create their own reality. judge mentalism -- part of what is in

don't miss sheryl sandberg joining me tomorrow on bloomberg's "studio 1.0." ♪ announcer: from our studiosy, this is "early rose. -- charlie rose." charlie: kurt andersen is here. his new article traces the history of today's assault on theh and fact, looking to 1960's. he writes that the election of donald trump revealed a critical mass of americans untethered from reality. your article was adapted from the upcoming book, "fantasyland, how american went haywire."

in fact, sheryl sandberg came to the u.k.me secretary here a couple months ago, and indeed she had just been in silicon valley talking to the social networks and how they could crack down. we have seen threats of legislation in the u.k. and in france, but really germany has led the charge. emily: david, social networks, facebook, google, they have thousands of workers around the world not just dealing with hateful content but offensive content, inappropriate content. >> suicide risk. emily: they've been criticized for outsourcing this kind of work, some of the hardest work to other countries where employees don't have the same protections -- what do you make of that? david: i've never been a big critic of outsourcing. jobs are jobs and people if they are capable should be allowed to do work. i think the one question in this instance is, does facebook have sufficient control and guidance capabilities over the people who technically work for outsourcing companies, but i suspect they probably do. those people in many cases are t

don't miss sheryl sandberg joining me tomorrow on bloomberg's "studio 1.0." ♪ is this a phone?net machine? [ phone ringing ] hi mom. it makes you wonder... shouldn't we get our phones and internet from the same company? that's why xfinity mobile comes with your internet. you get up to 5 lines of talk and text at no extra cost. [ laughing ] so all you pay for is data. see how much you can save. choose by the gig or unlimited. call or go to xfinitymobile.com introducing xfinity mobile. a new kind of network designed to save you money. >> the following program is an advertisement for the hd mirror camp. >> they are out there, driving recklessly, causing accidents and driving up your insurance rate. this is a show about car accidents. ♪ the hdsic cars and mirror camp your

. >> and talk about sheryl sandberg, she wrote a great book that talks about how women don't get aheadas men, because they are different, that is what this fellow is saying, they are different proclivities and talented and virtues, and because he said they are different, let's los he lost his job, this is amazing to me, and offensive. liz: he is considering taking legal action against google for his firing, does -- do you think that culture in large corporations need to change to have more diversity of thought and opinion. >> i don't think they can. i know we see here is assault on free speech, these corporations are so embedded and invested in that political correctness, i don't think they could do a u-turn. and accept that people made disagree -- people may disagree with him, in the internal chat boards in google, they are supportive of him, externaly it is not anom noanonymous, they are very politically correct, there is a tension in the country, people are offended by a top-down insisting on what you must say or think, people don't like this, that is one of the things that elected

eastern time, including our exclusive interview with the facebook chief operating officer, sheryl sandberg up, we will hear from jeff curry, head of small claims that goldman sachs. this is bloomberg. ♪ vonnie: this is "bloomberg markets." i'm vonnie quinn. now to oil, which is holding two days of declines today. here's what jeff curry told "bloomberg daybreak" about the drop. >> when you look at geopolitical tensions, if there centered in the middle east and the impact oil supply, they will give a bit into oil. when we think about most other places in the world where you have intentions, they typically impact gold because they end up creating a basement. you look at gold, that's par for the course this year. i would say when you have zero political tensions, your trading closer to 1200, and when you have maxed lyrical tension with north korea and we had a french election earlier this year, you are close to 1300. the barometer, 1200 to 1300 -- >> it segues nicely into talking about oil and other commodities. we developeriod, this feeling that when markets and commodities are priced, they w

we have another major interview for you, sheryl sandberg joins emily chang for an exclusive interviewscuss the social networks in power. this is what you need to know, fire and fury is the message from the president of the united states. the consequence for markets is this. the nikkei is down 1.3%. the south korean market is down by 1.1%, coming off a rally in the msci. , andhat aggressive volatility is nowhere near it was, but markets are lower. this is what you call a protracted sell down. this is bloomberg. ♪ we check our phones 85 times a day. so it only made sense to create a network that keeps up. introducing xfinity mobile. it combines america's largest, most reliable 4g lte with the most wifi hotspots nationwide. saving you money wherever you check your phone. yeah, even there. see how much you can save when you choose by the gig or unlimited. call, or go to xfinitymobile.com. xfinity mobile. it's a new kind of network designed to save you money. mass: president donald trump ratchets up the rhetoric against north korea. trump: north korea best not make any more threats toward

sheryl sandberg helped build google ads into a multibillion-dollar business, then she did it again atg made a giant dent with her book, "lean in." then in 2015, the unthinkable happened. her husband, dave goldberg, ceo of surveymonkey, died suddenly after a heart incident. heartbroken, she started writing

tomorrow, facebook coo sheryl sandberg joined stephanie chang for an exclusive interview.ss flash. say the fight with adp will convert the company from running his business. ackman has taken a stake in adp and once steeds -- seats on the board. >> i would say that i have seen the best of activism and the worst of activism for the same firms. i look at activism as an individual situation, one at a time. the growing skepticism, the maturing optimism and the euphoria. i see little signs of euphoria. the individual is not heavily participating in the market. >> he said investors have to be patient. steelrld's largest producer is keeping at home. chinese exports frank, and selling domestically seems to be benefiting. steel mills took booming demand. david: when president trump took office he promised a dramatic overhaul of u.s. trade relations but now, 200 days into his term, some companies are expressing frustration with the pace of change according to a report of this morning in the washington post. wetell us where we stand, turn to kevin cirilli, chief washington for respond

tomorrow on "bloomberg technology" sheryl sandberg in an exclusive interview to discuss the company'ship, and the global impact. that is tomorrow at 10:30 p.m. u.k. time. francine: thank you. france is working with germany and others to plug loopholes that have allowed companies like facebook and .oogle to >> it is always the same strategy based on playing fields, based on the same rules for everybody. when you're doing business in france and europe you have to pay taxes. you cannot take the benefit of doing business in france or in europe without taking the taxes that other companies are paying in europe, or in france. the same rules for all the companies and all the states. reporter: does that mean you want to lower the company tax to 25% everywhere in the eurozone? >> we will lower the corporate tax from 33% to 25% until 2022. then, there is a second step. we want to have the tax harmonization among the members of the eurozone. you have 19 members of the eurozone. you have one currency, the euro. and you have 19 levels of taxes. and you have 19 different economic policies. we canno

and the fact that mark zuckerberg and sheryl sandberg and the team are that focused on killing the company, means to me that they're worried so if i'm evan, i keep innovating he said it yesterday on the call i want focus on tin no rate ising. a ton of things on the ad side >> that i have to overdeliver, go back to google, when i was at yahoo, the thing google was doing, i'm sure they're still doing it they were saturating the agencies with anything they wanted research, free people. free ads cutting prices, just to get market share and i think snapchat has to be really smart about how it goes to the agencies and overdelivers to them at this stage of the company's life they have the most desirable audience under 25 and they have a really unique set of products, but each one has to be sold differently, because what they're going to do in maps, which to me is one of the more exciting things they've inno valted on and launched what they will do to monetize it versus media, totally different. >> ross, kevin o'leary is with us i can see him on the monitor hef has a look on his face like he would

coo, sheryl sandberg, said companies and employees must step up to the plate. >> sexual harassment hasn around for a long time in every industry. it is abominable that it still exists in this day and age. people know better. i think it will get people to not do it in the future, and it is a leadership challenge. there must be no tolerance for it. >> that is your bloomberg business flash. manus: let's bring you pause for thought. germany and's about the election. it is coming, everybody. although it is seven weeks away and that is a long time. what do you do when you're the leader of a major company in the world? you take a holiday. this is where you go to relax. theresa may was strong and stable all the way through the campaign. angela merkel is off on a three-week holiday. deeper and little lena back into the conversation. that is confidence, it isn't it? four weeks away from the major election of my life, and i'm a way hiking. is it going to be an election like none other the west has seen in the last few years? , day-to-daycal risk acute risk with respect to the market, is very much