taylor: hey. taylor. juli: nice to meet you. i've asked taylor and parker to meet me at my office in downtown los angeles, where i house a staff that sells a multitude of products that are already in my portfolio -- inkkas shoes, flex watches, ellison sunglasses, everkin phone cases. travis and brad were originally my partners at flex, but now they handle sales and logistics for the entire group. and juli really oversees workflow. i now want to add taylor and parker so we can add these social-media and web skills to the entire group, essentially creating a super group. you guys took shoes that were doing nothing, and you tripled the business. you guys took socks. you created a market. you did 100 grand in 5 hours. so, we could take a bunch of businesses that we already own -- inkkas, flex, everkin, and ellison -- and we can partner with you guys, put feat socks in the pot, and say to ourselves, "we have a digital-marketing agency that owns these assets." juli: mm-hmm. lemonis: but my goal is also to create an environment where p

taylor: mr. lemonis! lemonis: nice to meet you. taylor: oh! lemonis: marcus, marcus. taylor: mr., oh, my god! lemonis: so what are you? you work in... what is your name? taylor: taylor barton. lemonis: nice to meet you, my man. this place is busy. taylor: well, it's saturday. that's what we do. lemonis: yeah. taylor: we're the birthday party capital of the world. lemonis: this feels like it. how long has this business been here? taylor: it'll be 27 years in september. my dad took over about a year and a half ago. he bought the business from his ex-partner. i think he paid, like, $2 million for the business, and to me, that is not good business. i would have never made that deal. lemonis: do you report to him, or does he report to you? taylor: i like to think he reports to me, but i've never had any formal training. lemonis: is your dad here? taylor: he is. lemonis: let's meet him. jerry: hey! lemonis: how are you? i'm marcus. jerry: who is this guy? lemonis: nice to meet you, sir. jerry: boy, i thought you were a hugger, man. lemonis: okay. i am a hugger. matisun: yeah. i know. l

taylor: i'm taylor riggs in for emily and this is the "best of bloomberg: technology." coming up, the threats you can see. the u.s. and iran trade military attacks. cyber risks remain. hardware, mobility, content, and digital assistants. we have highlights from the ces event in las vegas. micron, qualcomm, verizon. tesla ceo elon musk cuts a rug after delivering the first customer cars from the shanghai factory. shares touch a record high. this week brought increased tensions between the u.s. and iran. a military strike in baghdad and -- in baghdad took out one of iran's top generals. they responded by launching missiles at u.s. interests in iraq, roiling the markets and creating new fears of cyber warfare. cybersecurity firms like cloudflare were up this week as a result. i was joined by the director of strategic threat at an ai security firm. >> there is a significant distinction between iran's battlefield capabilities and where they are on the cyber front. they are never going to go toe to toe with the united states in this realm in a conventional battle. in the cybe

♪ taylor: i am taylor riggs in for emily chang and this is "bloomberg technology."oming up in the next hour, the united nations links saudi crown prince mohammed bin salman to the 2018 hacking of jeff bezos's phone. we will have details and calls for an investigation. plus, smaller and cheaper. apple suppliers will start assembling a new low-cost iphone next month. we will bring you the latest. chipmaker bellwether, texas instruments out with earnings. looks like a beat on the bottom line. shares rising in post-market trading, extending record highs. first, united nations experts are calling for an investigation into allegations that the saudi crown prince, mohammed bin salman, was involved in the hacking up the cell phone of jeff bezos. officials say information suggests bezos's phone was hacked following a whatsapp exchange with the crown prince. saudi arabia's finance minister spoke with bloomberg on the sidelines of the world economic forum in davos. >> i think the embassy -- assessments last night saying this is absurd. they called for an investigation so they

taylor: i'm taylor riggs in san francisco. in for emily chang. this is "bloomberg technology." coming up in the next hour, women on board. goldman sachs will not back companies on board if the directors are white straight men. what recent tech ipos stack up under the mandate. a $2 trillionach valuation by the end of 2021. posh marks push. we talk about special commerce and sustainable retail with the posh mark co-founder. what shoppers and entrepreneurs want is in our special theories retail transform. top story.r goldman sachs making a stand against all white male boards. goldman will refuse ipos unless the company's board has at least one person who is not white, male, or straight. goldman is the biggest underwriter of ipos in the u.s. joining us is add the aftermath -- abby and jeff. this seems like this could be real change. goldman has significant influence. they were the top u.s. underwriter last year, one of the top three in the last decade. it is more than a pr stunt. >> even if there is never an ipo they refuse to do, they will probably make everyone who wants goldman

this is bloomberg. ♪ taylor: this is bloomberg technology. i'm taylor riggs.eek, some of the biggest names in tech gathered in las vegas for the annual ces conference. the main theme centered on connecting and interconnecting devices to the internet and to each other, as we get closer to wireless in a more automated world. 5g playing a big role in the conversation. to discuss this and the other big tech stories of the week, we are joined by jea gene munster and john butler. as you take a look at the highlights, what stood out to you this year relative to previous years? toyou mentioned at the top, me, the big overriding theme was about interconnecting devices and getting devices connected to the internet. what i mean by that is the connection of everything, not just your smartphone or pc, but also your refrigerator, your car, your television. that was sort of the talk of the town as i went from discussion to discussion. everyone brought that up. of course, underlying all of that needs to be a foundation of 5g. taylor: gene, as you take a look at ces, big notab

i am taylor riggs.f singaporeans have poor access to banking and financial services access. but two companies are looking to change that. this company and singapore to look at locations -- grab holdings and singapore telecommute issues have teamed up to apply for a digital banking license this year. the monetary authority of singapore wants to grant as many as five personal bank licenses to boost tradition and innovation. several other groups have expressed in applying, including alibaba founder jack ma. cofounders anthony tan and hooi ling tan met at harvard as mba students. the two spoke to bloomberg's emily chang in an exclusive interview in may. we will hear how they have their sites set on making grab a super app. anthony: it is not just softbank. if you think about it, the first $3 billion raised by softbank, it was raised from toyota to hyundai, to booking to microsoft, open hammer. you talk about, we are very blessed with the global best names one can imagine. emily: why continue to raise money

taylor: i'm taylor riggs in san francisco in for emily chang and this is "bloomberg technology." u.s. banks post earnings this week. wells fargo says it needs to be a tech company. we will have a preview. plus, what it means for bonuses. the heartbeat of health care. technology and health are linked like never before. and sonos sues google. but is the custom sound system company showing trademarks of a takeover? we will talk about the survivability of upstarts in the big tech era? breaking news. u.s. treasury has named no currency manipulators in its fx report, effectively taking china off of being a currency manipulator. again, the u.s. treasury has named no currency manipulators in its foreign-exchange report. we know that china was put on that designation list in august, being removed today. i want to get back to our top story. it is all about earnings season here. the big banks set to report earnings this week after having spent billions on technology in 2019. that could be bringing a big change to the bonus culture as traders are being forced to unlearn some of their most ba

i'm taylor riggs.ek and brought new concerns about global health as officials in china announced more deaths related the coronavirus. more than 600 people have been confirmed with the virus. this all started in wuhan, china, where the virus was first detected. airports all around the world began screening passengers and health officials scrambled to respond. >> we will take strict measures to contain the disease. we have asked wuhan city and hubei province to take the strictest control measures. taylor: as for what is at stake, we can look at china's gdp. china's economy is more integrated today than during the sars outbreak, but as for industry, some companies with heavy exposure to chinese travel weighed in. >> hospitals and communities are much better prepared compared to the sars stage. where working very hard with doctors and industry. we have announced that if our customers are diagnosed, we will cover the cost. >> the fear is always there that this could happen to me. you take a look at how tour

taylor: i'm taylor riggs and this is the "best of bloomberg: technology." we bring you all of our top interviews from this week. coming up, a deal three years in the making. the u.s. and china signed the phase one of the trade agreement. more on what it means for american technologies and huawei. plus, climate control. microsoft makes a major push into removing carbon from the atmosphere. we will get details from microsoft president and cfo. and we look at what an internet pioneer sees in the decade to come. after three years in the making, the u.s. and china signed phase one of the trade deal on wednesday. and the vicemp premier put pen to paper for a deal that the president claims will have a significant impact on the tech world. pres. trump: china has made enforceable commitments regarding the protection of american ideas, patents, and trade law. china has also pledged action to confront pirated and counterfeit goods, which is a big problem. taylor: those people in the room with the likes of executives from micron, qualcomm, ebay, and others. to discuss

taylor: the u.s.d to slap tariffs on french wine and other products if the french went ahead with the digital tax. elon musk is having a good day. value surpassing more than $100 billion wednesday, surging past volkswagen to become the world's second most valuable lawmaker. the ceo can look out to a huge payout if the stocks sustain its rally. he would more on tesla's remarkable run i $102.7 billion. you are a clipping volkswagen. eclipsing gm and ford combined. how did this happen? >> it is remarkable how fast this happened. two weeks ago market value was $88 million. totally --ater he is it has been amazing. taylor: explain the payout for me. it is not just one time. it has to be sustained on a rolling basis. >> six months, 30 day, which i should know more about. it is not just a one-time thing. now they hit it if they can sustain at, he will get that payout. taylor: how does the shorts feel? >> they are being crushed right now. lost over 20 billion -- $2 billion in 2019 and lost that same amount in

♪ taylor: i'm taylor riggs in san francisco, in for emily chang, and this is "bloomberg technology."oming up in the next hour, interference. we continue our coverage of cyber risks from the u.s.'s strange relationship with iran, looking at the threats you can't see. counsel dismissed, alphabet's top lawyer leaves after questions about a workplace relationship persists. they say it's time for new leadership at the company. we have details. and the week that was, elon musk has a reason to dance, and apple hits more milestones, that plus highlights with team monster. but first, our top story, the trump administration is imposing new sanctions on iran, retaliation for tehran's attack on u.s. military bases. now, the sanctions target the steel industry, as well as eight senior officials. now while adversaries didn't get into traditional military war, their continued cyber warfare remains. cybersecurity film dragos published a report highlighting hostile hacking activity by an iranian linked group against u.s. power suppliers. so for more, we have the president of gullah tech adventures. p

taylor: thanks for joining. for this edition "bloomberg technology" and bloomberg technology is livestreaming on twitter. technology and be sure to follow our global news on twitter.ktake this is bloomberg. ♪ paul: good morning. i'm paul allen and sydney. we are underarm power away from -- we are under an hour away from the market open in sydney. sophie: i'm sophie kamaruddin in hong kong. welcome to "daybreak asia." paul: the top stories we are covering in the next hour -- a resolution for a rally. afterfutures signal gains tech lead markets higher. pressure mounts on australian

taylor: thank you.achel holt, one of the first employees at uber, who rose to become one of the most powerful employees in the company, is leaving to start a venture capital firm. she is creating a new firm, construct capital. holt led the development of new mobility project's at uber such as electric bicycles and scooter rentals. coming, aol cofounder and current chairman and ceo of revolution, steve case. if you like bloomberg news, check us out on the radio, the bloomberg app, bloomberg.com, and in the u.s., on sirius xm. this is bloomberg. ♪ taylor: british prime minister boris johnson is hinting that he will not and while way from the country's 5g networks. the u.s. has been pressuring the u.k. to ban the company from the country for national security reasons. johnson said that if they ban one supplier, they have to come up with an alternative. there is no shortage of tech related news. data privacy, antitrust, as well as trade. i am joined by steve case, aol cofounder and chairman and ceo of revol

taylor: i'm taylor riggs in san francisco, in for emily chang, and this is "bloomberg technology." coming up, as iran mourns its fallen military general, it down revenge against the u.s.. cyberattacks may be on the menu. plus, it is buy time. pivotal research raises alphabet to a buy largely on the new ceo. we will talk to analyst michael levine as he boosts his price target. mobility tech is all the rage and uber takes one more step to becoming a one-stop shop for all of your transportation needs. details on the uber bus. first to our top story, u.s. stocks advance. heavyweight technology companies led a rebound. 100 led by companies like salesforce in alphabet, fresh record highs. that means that the small-cap technology companies are looking relatively cheap on a valuation basis. joining us, bloomberg across asset reporter sarah ponczek. take a look at a chart i am showing on a forward basis, looking like some of these small-cap tech companies look cheap relative to some of those big things we cannot stop talking about. sarah: you are looking at the forward price to earnings rat

taylor: i am taylor riggs in san francisco in for emily chang, and this is "bloomberg technology." coming up in the next hour, this is it. big tech earnings tumble out all week. , facebook tesla, amazon, all reporting. we start with tuesday's biggie, apple. plus, searching for the cure. biotech may be the key to help cure potential for the deadly coronavirus. we will speak to a company on the front lines of finding a vaccine. and taking a bite out of competition. tictoc rival bite jumps into the video sharing wars. details, just ahead. first, our top story, the s&p 500 declining the most in almost four months with energy and technologies leading the losses due to concerns about the impact of a major virus that originated in china. and it is rattling global markets. it also comes at the same time as the s&p goes into the busiest week yet for earnings, with some of the largest tech names reporting. joining us to discuss, it is craig johnson. craig, thank you for joining us. i wanted to talk about today's action first. the stocks off about 4%, the nasdaq off now almost 2%. do we expec

taylor: i'm taylor riggs in san francisco in for emily chang and this is "bloomberg technology." coming up in the next hour, tensions mount after president trump orders an airstrike that killed one of iran's top generals. has tehran promise retaliation, we look at the technology realm. plus, tesla delivers. the electric carmaker with a record amount of deliveries, but will the tesla turnaround continue? and price targets for apple raised to $300 per share. rbc and bank of america. we will discuss the optimism of iphone sales in the holiday quarter. but first, to our top stories. a u.s. air strike that killed one of iran's top military officials. in the wake of the attack, the director of the u.s. cybersecurity and infrastructure security agency, heeded warning urging the public to brush up on iranian tactics in order to pay attention to critical systems. to discuss, we are joined from boulder colorado by tom telemann and in studio bloomberg reporter. want to start with you. thank you for joining us. i often read that iran will respond to our sanctions and sometimes it has been th

♪ taylor: i'm taylor riggs in for emily chang and this is the "best of bloomberg: technology."oming up, tech sector reports. netflix, ibm, and texas instruments all out with earnings. we've got you covered. united nation the saudi crown prince to the hacking of amazon's jeff bezos's phone. we have details. cloud and ai. we talked big themes shaping tech. we hear from executives from microsoft. would begin with tech earnings that began this week. netflix, ibm, and texas instruments reported tuesday. subscribers passed a 100 million milestone outside of the u.s., a boon for the international footprint. but they also cautioned on subscribers, saying growth would not be as robust. we covered it all with our guests. >> they are pretty strong in the developed markets. there is not a lot of growth for them in the u.s. looking abroad, they have a lot of room to grow, but that will be difficult. when we talk about that 7 million subscriber guidance, that is compared to a strong q1 in 2019. when you look at the year-over-year comparisons they are very weak compared to last year's. taylor

taylor: i'm taylor riggs, in for emily chang, and this is the "best of bloomberg technology." where we bring you all of our top interviews from this week in tech. coming up, the threats you can see. the u.s. and iran trade military attacks. even if strikes weighing, -- wane, cyber risks remain. plus, hardware, mobility, content, and digital assistants. we have highlights from the annual ces event in las vegas. we hear from the heads of micron, qualcomm, verizon media, and queen vee. and tesla ceo elon musk cuts a rug after delivering the first customer cars from the shanghai factory. shares touch record highs. our top story this week brought increased tensions between the u.s. and iran. last friday, a military strike in baghdad international airport took out one of iran's top generals. tehran responded by launching missiles at u.s. interests in iraq. it all roiled the markets and created new fears of cyber warfare. cybersecurity firms like cloudflare were up this week as a result. i was joined by marcus salary the director of strategic threat tracei security firm dark and our

taylor: yes, advertising.el: i have done a lot of checks basically talking to large agencies that focus specifically on amazon. i think something that a lot of folks on the street don't necessarily understand or appreciate is that it is highly correlated to them with the business. their ad business for the most part looks a lot more like alibaba, where you have a company, say, like procter & gamble, selling products on the amazon site, also spending money on advertisements. for is a complete win-win amazon. you get the consumer data, and it is a win for the brand manager at gamble. we are bullish. we think there are some good things going on. there are some interesting updates as you are mentioning them, conceivably on the deal front, with regard to amazon prime video. aboutad talked to tbs exceeding 40 million devices at the end of the year. there was also some chatter that they were talking about going in and trying to bite just trying to sell other apps across devices. taylor: where does that leave other co

taylor: we are there.an: they have said things are extended because people remain cautious because of the china trade dispute. china is the biggest market for chips and texas instruments. that is starting to show signs of improvement. things are not growing yet, but the rate they are getting worse has abated. taylor: talk to me about the exposure to china. if they are talking about macro headwinds, chinese tensions, we have the signing of phase one, how much of that headwind could now become a tailwind? ian: again, it is complicated. what made communications equipment a year ago early good was huawei went out there -- nervous that they would get blacklisted and about the consequences and they bought a lot of chips. this quarter, they have stopped doing that so the comparisons are negative. overall, i think texas instruments was saying this is a macro sentiment kind of thing. a lot of people are less concerned that we are in this kind of deathmatch sort of trade dispute with china than there is hope there w

taylor. not only ambassador taylor and mr. morrison talk about it, but sondland says he relayed this conversation to zelensky himself. everyone was now in the loop on the military aid being withheld for the political investigations. taylor continued recalling the startling analogy ambassador sondland used to describe president trump's approach to ukraine. >> during our meeting -- during our call on september 8th, ambassador sondland tried to explain to me that president trump is a businessman. when a businessman is about to sign a check to someone who owes him something, the businessman asks that person to pay up before signing the check. ambassador volker used the same language several days later while we were together at the european strategy conference. i argued to both that the explanation made no sense. ukrainians did not owe president trump anything. >> ambassador taylor testified at the end of the sondland-zelensky conversation, president zelensky said he relented, agreed to do a cnn interview to announce the investigat

this is bloomberg. ♪ maria taylor , taylor:.lor: apple could henriquez a $2 trillion evaluation by 2021 on the back of iphone upgrades and increasing services business. that is what was written in the latest rising wall street optimism. dan, you know the story. take a look at it showing here in my terminal. it is appling market cap now $1.4 trillion. what is the past to taking that number to $2 trillion in less than two years? >> this is really half way through what i have used the two-three year bull thesis. we are going to go into a 5-g upgrade cycle. it is a super cycle. 350 million of the 925 million iphones are in the middle of an upgrade opportunity. you combine that with the services business, which we think is worth about $600 billion is how you have a stock with a four in front of it. even though the stock has had a parabolic move, the iphone demand continues to make us bullish on this. taylor: is the upper cycle getting shorter or just not longer? consumer he average have an up ayton in 40 months. it was 36 months. you

taylor. not only mr. taylor, mr. morrison talk about it, but sondland confirms he's relayed this conversation to sz, himself. >> everyone was now in the loop on the military aid being withheld for the political investigations. taylor continued recalling the startling analogy ambassador sondland used to describe president trump's approach to ukraine. >> during our meeting, during our call on september 8th, ambassador sondland tried to explain to me that president trump is a businessman. a businessman is about to sign a check to someone who owes him something, the businessman asks that person to pay up before signing the check. voelker used the same language several days later while we were together at the alta strategy conference. i argued to both the explanation made no sense. the ukrainians did not owe president trump anything. >> ambassador taylor testified at the end of the sondland-zelensky conversation, president zelensky said le had relent re-- he had relented and to do a cnn announcement. so it was a break thr

taylor: stick with me on snap.hing that caught my eye in your note is you highlighted accelerating international growth. i was looking through some of the research. revenue.users, 40% of there are 60 -- they are 60% of profits. if the domestic user appears to be more profitable, why the tension on the international user growth? brent: i think clearly, it is a global platform, there is an opportunity to get a lot more users to this. those users are not as profitable as they are in the u.s. you are seeing that at other social companies we cover as well. i think their goal is to get into the hands of as many of the users as they can. they are selling advertising in the broader base. toigger chunk in trying reach that audience. the way i look at this is i have kids on the platform, i asked my own kids what they use. today they use it for communication. they literally spent half of their time on the map and the map tells them where their friends are. if you are a restaurant or retailer and you want to offer something to

♪ taylor: i am taylor riggs in for emily chang, and this is the "best of bloomberg technology," wheree bring you all of our top interviews from this week in tech. coming up, the california consumer privacy act. the law is now in effect but not without controversy. we will discuss how companies are interpreting the statute meant to standardize data mining practices. plus, cybersecurity in 2020. what new threats lurk online and try to thwart it?o we will talk predictions for tech companies in the new year, as well as what tech trends we will see in the next decade. the battle for tech privacy in 2020. wednesday marks the official start of the california consumer privacy act. this law is meant to give users transparency on what data companies collect about them, as well as the right to block companies from selling that information. for a look at what to expect this year, in the battle to protect consumers' digital lives, i talked to reece hirsch, a partner at morgan lewis. also with him, eric newcomer, who covers the intersection of tech and government. >> you know, this is probably the

♪ taylor: i'm taylor riggs in san francisco. this is bloomberg technology.oming up in the next hour, streaming surge. comcast debuts its new streaming service. can it stand out against others? plus, climate control. microsoft makes a major push into removing carbon from the earth's atmosphere. we will get details from the microsoft president and chief legal officer. and keep pedaling. we'll talk to an analyst to thinks peloton is not just a fad. that bullish sentiment coming up. first, we begin with a continued dominance of tech in the u.s. market. stocks upadmit, the 1.7%, nasdaq up more than 1%. is something bigger going on? >> it feels like 2019. this unstoppable rally keeps going. it does not feel like a relief rally, because yesterday after the signing of the trade deal, it was just the stocks that trumped 1%. the other averages posted average highs, s&p 500 and dow. typically a relief rally would come after a big selloff from the major averages. it feels a little bit more like perhaps the early stages of euphoria within the bubble paradigm. that starts

thank you taylor.big things for me is, i've always designed luxury cars for over $100,000, and embarking on this, to get affordability on the street, we had to completely rethink the automotive segment. first the business model, how do we get cars directly from our factory to consumers without all the middlemen? ,e have developed our own app that's the first step. the second step, i believe there is a consolidation happening in the car industry around electric vehicles. .verybody needs partners we have lined up some amazing partners, some very big conglomerates across the world to get lower cost, all the electrical components. combine that with this very good purchasing power and a completely changed business model. we've been able to put together a vehicle that we can put on the market, more attractive than a similar gasoline car. i think we might be the first to do that. taylor: you've talked about some of the shifting strategies over time. you were originally looking at a hybrid plug-in payment you

taylor: the u.s.nment says tiktok is a national security risk, focusing on how the popular viral video app could allow the chinese government to access people's data. securityts are major flaws that would give hackers plenty of ways to get users information. tiktok says it has patched the fall. 's headjoined by tiktok of engineering, jeff schwartz. your report was alarming, page after page getting more nervous. what are some of the major security flaws you found? two allowed a bad actor, a malicious user to modify urls for login that would result in code being run on the victims' devices. based on that code being run, account takeover activity is capable to be leveraged against onceictim's device, and that account is taken over, there is modification of videos, deleting videos, marking videos that are private as public, and a subsequent vulnerability that allows for api access into the personal data of the account owner, that was being maintained by tiktok. >> what are the weaknesses in infrastructure

taylor: i'm taylor riggs in san francisco. this is "bloomberg technology." coming up in the next hour, diagnostics. how exactly did the hacking of amazon ceo jeff bezos's phone go down? we will explore the mystery of malware. plus, day in court. the first round of hearings for some -- wrapsrap up in canada. the appetite for ipos. we hear from the heads of the new york stock exchange and nasdaq on market sentiment for tech firms going public. first, to our top story. researchers are not sure exactly what infected amazon ceo jeff bezos's phone after rows of -- revelations it was hacked. suspected -- forensic experts detected a massive spike in data being siphoned from it. hours after bezos received a what's up message from a saudi royal. the malware behind mac remains a mystery. to discuss in washington, marcus fowler, director of strategic threat at ai conformity. and in studio is our reporter. let me start with you. we have had a few days to digest all of this. what do we know about the malware that was implanted in that video message via what's up? >> we ha

taylor: thanks for joining.t for this edition of "bloomberg technology," and "bloomberg technology" is livestreaming on twitter. check us out @technology and be sure to follow our global news network @quicktake on twitter. this is bloomberg. ♪ eÑ announcer: the following is a paid presentation brought to you by rare collectibles tv. ♪ announcer: the california gold rush is considered to be one of the most impactful events to impact america's economy for its first 100 years, and it has certainly had a long lasting impression in numismatic history, as well. it all began in 1848 when james marshall found flakes of gold in loma, california.

taylor: what is the advice?> you should do a better job of identifying real people on twitter versus bots or fake users on twitter. he says it can be really hard to get real feedback. are people who are complaining actual customers? people who have issues with tesla cars -- are they bots or competitors? and you cannot tell a bot versus a real person on the network. taylor: i feel a lot of hate mail we get, the negative trolling comes on twitter. i don't get as much of that on instagram or facebook. how has twitter not been able to control that as much as some of the other social media companies? >> it comes back to real identities. in order to create a profile, you have to use your real name and a real photo and if they believe you are not your real self, they will ask you to send in a driver's license. twitter does not have that which is one of the things that makes it fun. you can have these anonymous accounts. but it also creates a real opportunity for people that want to be hurtful and negative because they

♪ taylor: i am taylor riggs in san francisco, denver emily chang, and this is "bloomberg technology."he senate is getting set on whether or not to allow new witnesses in the impeachment trial of president trump, but it looks like mcconnell and the gop have the votes they need. plus, frexit is here. supporters are ready to celebrate after years of gridlock. we will hear from british leader boris johnson. amazon shares posting their best one-day gain in more than a year after reporting of a blowout quarter. one-day shipping and gains in the cloud have investors pushing the stock up to a 990 $9 billion valuation. first, after more than three years, brexit has finally arrived. johnsonsten into boris 's comments. in the meantime, i want to bring it sebastian, who has been there all day covering the news for us. what are we expecting to hear from the prime minister, boris johnson? >> i think rather a conciliatory tone. this is a company -- this is a country in healing. there are people who have no cause for celebration. in fact, it will be quite an upsetting moment. if he wants to bring the

taylor: i am taylor riggs and this is "bloomberg technology." coming up, apples shine. the company keeps hitting records plus, a new -- the food delivery business is getting crowded. grubhub may be looking to consolidate. and, sales for in the sky. it is no news microsoft impedes with amosite in the cloud business. a new target seems to be retail customers. first, to our top story. last year, apple ceo tim cook stunned investors when the company readjusted its forecast due to struggles in china. official government data shows the apple smartphone shipments in china grew almost 19%. that marked a big jump from previous months. it is particularly remarkable when shipments of phones of all brands were down nearly 14% in the same period in china. surprised about the amount of bullishness we seem to have on china? >> that number is a surprise. the broad push in china to focus on huawei and have consumers by huawei funds instead of iphones. that was the concern for a lot of last year. some of the trade tension has come down. athink more to the point is device like the iphone

he also told ambassador taylor. ambassador taylor then confronted sondland. taylor texted, quote, are we now saying that security assistance in white house meetings are conditioned on investigations? sondland responded, call me. as everyone knows when someone says call me, it says stop putting this in writing. sondland confirmed today lor that the military aid was conditioned on announcement of investigations and that president trump wanted president zelensky in a quote, public box. here is how taylor who took contemporaneous notes of the conversation explained that call. >> during that phone call, ambassador sondland told me that president trump had told him that he wants president zelensky to state publically that ukraine will investigate burisma and alleged ukrainian interference in the 2016 election. ambassador sondland also told me that he now recognized that he had made a mistake by earlier telling ukrainian officials that only a white house meeting with president zelensky was dependant on public announcement of the investigations. in fact, ambassador s

taylor: i'm taylor riggs in san francisco.omberg markets." ♪ top stories this thursday, the world health organization has called an emergency meeting as the coronavirus claims more victims, at least 169 people have now died. tesla in the fast lane, earnings have beaten expectations and the new model

♪ taylor: this is bloomberg markets.oming up in the next hour, notice --rts, a notable miss on services. will break down all you need to know on first quarter results. plus the u.k. said yes to huawei , breaking with the u.s. by doing so. we'll see what it does for the u.k.'s 5g future. and containing the coronavirus. we'll talk to one biotech firm racing to develop a vaccine. but first let's take a look at u.s. markets. what goes down yesterday comes back up, led by stocks leading the s&p 500. that means the vix is a little lower by about two points. as the fear sort of goes away for now. that means you getting a lift in yields, bone -- bond price lower, yields higher. finally, return to positive sentiment about global growth. crude back to $54 a barrel. paul: that's a theme we expect to see reflected when trading gets underway in this part of the world. we have met -- one market open, that is new zealand, already higher by about .3%. nikkei futures pointing higher to bel and sydney looking up more than .5%. we will als

taylor.ight, it is really interesting, because on this fourth quarter, they only get 400,000 domestic subscribers, which was a 72% drop from the fourth quarter of last year and yet they were still able to ink out some -- eke out some growth in terms of revenues, up 23% in terms of domestic subscribers. it looks to me like they are countering the dropoff of domestic subscribers with these price increases and getting more revenue per total subscriber which is allowing the domestic revenue to go up but you are seeing a huge dropoff like you mentioned, 400,000 domestic subscribers of 8.7 million total subscribers in the fourth quarter so it's a very small piece of their overall growth. haidi: is itry: -- the competition from disney, from apple tv that is starting to bite here? dan: it looks like it is. if you were a bear on netflix and concerned about competition, when you look at that number, you have to say they are starting to feel some sort of negative impact because they there was such a dro

taylor: let's start with amazon, ?nroads >> you do not break laws, this antitrust investigation, amazon has been playing games. they have third-party companies and cannot sell their amazon basics there. they put it under the guise of a different company. it is behavior they do in the united states, they should not do that. neutraling to be a marketplace, it is a neutral marketplace, so it needs to obey the laws and do what is right. europe is imposing restrictions on amazon. this is why there are protests. to depend onant amazon for their livelihood. they worry amazon is undercutting them and putting so many people out of business. amazon,it is not just but microsoft, their ceo has been critical of india. you were talking about how he is isolating himself from working with india by making comments on the religious-based citizenship laws. how do you work with india but also not comment on things you do not agree with? >> microsoft is very well respected. he made a mistake commenting on this new immigration policy minori