when i got to procter & gamble, the guy who is my roommate said it like this -- hi, my name is steve ballmerms are so sweaty because i am nervous. so a shy kid. but i got better and better. i developed some confidence in public speaking. and it turns out i have something of a knack, and part of that is getting in front of your troops and pumping them up and telling a story. i will do -- and basketball is a weird environment. of course, i don't have a lot of credibility. i'm an owner, for god sakes, not an expert. but at the end of the day, i can get into the game and be verbal and vocal. david: ok. what would you say is the most important characteristic to be a good leader? steve: commitment. you really have to have your head in the game and be committed to be a good leader. there are two parts to leadership, one is leading people. and that is about commitment and people understanding you have commitment. the other part of leadership, which does not get talked about much, is you have to be a leader of ideas. the worst thing you can do is for your people in general is to say, let's go. you po

emily: did you ever tell bill gates or steve ballmer, "i told you so?" di: ali wrote a letter to steve after leaving microsoft, i had a great experience here, but as i leave, you should keep your eyes on this new startup called google, they have really, really great potential. it was a very diplomatically worded email, but very prescient as well. we will invest in something that we think is a bad idea if we like the person. ♪ emily: you do have possibly the most impressive list of angel investments of anyone, including facebook, airbnb, uber, dropbox. , zappos. how did you get into all those deals? >> i think investing in good people is really the most important thing. every investor talks about investing in good people. we take it a lot more seriously. the way i mean that is, we will invest in something that we think is a bad idea if we like the person. emily: you also invested in mark zuckerberg. how did that happen? >> we were lucky to get introduced via a number of routes, when facebook was still eight or nine people. that was an unbelievable thing to

has really turned the company around after taking over from steve ballmer i feeders ago.he company has transitioned from a software company to a software and services company where there are trying to get clear applications on as many systems as possible. if you bought an android device or a microsoft -- even, you can not fill it up with apple services. that is the difference between the two companies. microsoft works on every whereas or google does apple is glued to its own hardware. microsoft is winning for itself on that approach. is room for both but that is wide microsoft has been so successful lately. the infrastructure around services and surface -- and service. and amazon are not far behind them. do we see these companies trading as a group? will it be unclear who has the title going forward? will we see the shifts going over and over again? mark: i think we will see these in the next several months or years. these four companies will buy for the top spot. for the top spot. emily: apple also facing an antitrust case in the supreme court which could have wide reach

. >> microsoft and steve ballmer, said in china, 90% of computers run on windows, how many pay? 1%. he loses 10 billion a year. and china has been in wto since 2001, that is 17 years, they had 17 years of exposure to western technology, getting used to high-tech. i would say at-this-point, they are innovating faster than american companies, do they need to steal more. david: 17 years of violating practically every tenant of wto they signed on it, how much longer. >> the wto has follow tatted -- facilitated some of this, thanks to donald at g20, they are onboard with reforming the wto, an effort launched many years ago and abandoned because they could not getting it, we might see -- get together on it we might see progress on that. >> stealing intellectual property is terrible, but i don't see how tacking american consumers and companies, that is what the tariffs do, do anything to remedy that. that. david: would you do it. >> treat is at stolen property, we did it 1990s, pirating the vh tapes, and cigarettes. we should you know arrest those, who are trafficking. why not threet stole

mark: he has really turned the company around since taking over from steve ballmer a few years ago. the company has transitioned from a software company to a software and services company where they are trying to get clear applications on as many systems as possible. you can buy an ipod that is fully loaded with microsoft apps or an android device fully loaded with microsoft apps. if you bought an android device or a microsoft surface even, you can not fill it up with apple services. that is the difference between the two companies. microsoft works on every platform, google does whereas apple is glued to its own hardware. microsoft is winning for itself on that approach. apple, for the last few years has been running on its approach. there is room for both but that is why microsoft has been so successful lately. in addition to their infrastructure around services and service. fascist servers. -- servers. emily: alphabet and amazon are not far behind them. do we see these four companies trading as a group? will it be unclear who has the title going forward? will we see the shifts goi

it's not chasing down after the consumer market, which it did very much so under the former ceo, steve ballmertrengths, the corporate marketplace. it's been more strategic with its acquisitions. historically, they have got a lot of blunders linkedin has absorbed well and it fits in with that culture. if you believe in the global business environment, you want to be an investor in microsoft. ho, ho, ho. lauren: colin gillis, great day for you to come on and check in with us. the closing bell is ringing in nine minutes. we have a market that is showing 4% and 5% gains across the board. looking at the major averages here, plus the russell 2000 as well as the dow transports, let's go downtown to kristina partsinevelos on the floor of the new york stock exchange. what do you make of this bounceback we're seeing in these final moments? reporter: look, it's 1500 points we have seen actually change from the negative on monday to the positive today. boxing day as it's known in the uk and canada. big sales day for retailers. seeing a lot of positivity right now. i asked traders around me what is causing

am glad you mentioned 5g, the stakes are higher look your a former leader at microsoft we had steve ballmerht, where 90% in china yies microsoft -- use microsoft platform only one percent pay. >> you would think they change ways become a full participant, in the globally economy but they continue to want to do so-called chinese way, and i think they are going to run into some major problems, as they try to pursue leadership in the technology sector, on a global basis i think huawei is example number one. >> bob mike block here. so what can u.s. do what can companies here do to not throw baby with bathwater but rather protect ip also be able to do business, can technology itself be used to help enforce at it company level ip, the -- legitimizes of truly property. >> the technology companies involved in this business need to play stronger roles we have a problem in u.s., if you go back to bell labs a lot of technology was originally developed be i came lucent purchased by alcatel alcatel purchased by nokia all of a sudden you look around wow there isn't a strong player, in that sector right n

. >> we had president of microsoft on recently, the former ceo steve ballmer said it cost microsoft alonet operating platform one percent pay for it one example how they steal. >> i think seeing big news that we are seeing breaking news cybertheft from marriott real data the call way back when president trump president xi did a deal supposed to tamp down this cyberwar between the countries, and i think we are seeing that deal has not worked, the chalk that in china in particular government business perhaps more close tlan they like to admit. >> how far do you think president xi leadership around him are willing to go, to address the concerns that president trump has raised? you know in terms of intellectual property theft subsidies state companies barriers to u.s. doing business selling in china how -- what are they willing to do, to -- to tamp down american concern. >> again, i am hopeful, my hope that is there will be progress, but i think history has shown sometimes it is more rhetoric than reality in terms of what china promises, to move things down the road. >> a the game right now t

. >> ellison and numerous people from microsoft even steve ballmer talking about china.his program they would have seen the down fall of apple stocks for sure. if they listened to your interview. ening he was excellent actually and he has issue ors in terms of what's going on with consumer. so we'll see. i think it will be a good fourth quarter in materials of holiday sales what do you think in terms of the consumer right now? a lot of people coming to the program ahead of international shopping he said it will be a fantastic holiday shopping season what do you think how's the consumer right now? >> the consumer will buy but with an eye towards holding back in the first quarter of next year. they want to have a good christmas. they want to make everyone happy. but they're going to be very uncertain going into january what do we do next? >> a lot of uncertainties ow out there coming helicopter parent t putting themselves in financial danger reporting to adult children details coming up. plus mlb could be on move i'm talking future baseball with rob manfred after this. (to