we will have much more ahead from paul allen and taylor riggs in san francisco. mberg. ♪ paul:paul: good morning, i am paul allen in sydney where markets of come online. japan and south korea will open in an hour. taylor: i am taylor riggs in san francisco and you are watching " bloomberg markets." our top stories this hour, the travels china restrictions. hong kong suspends travel from the main man with more than 100 people now confirmed dead.

i am taylor riggs in san francisco. aul: and i am paul allen in sydney. taylor: facebook underwhelmed's wall street. plus, tesla delivers. quarterly profits top analyst estimates. 2020 deliveries expected to top half a million as the company's cash pile gross 18%. and, new evidence raises fears that coronavirus could spread undetected. first, i want to take a look at how u.s. markets fared today. it was fed day here in the u.s.. the nasdaq leading the gains as the s&p 500 underperformed. reiterated his ability and desire to propel the economy forward. that means you are getting a drop in 10 year yields, down about seven basis points on the 10 year. the fed makes no moves today. is alsoly, jay powell giving us a stronger dollar, slightly up. it looks like it is going to be a fairly quiet day in this part of the world. futures indicating some modest declines. alsoes for the nikkei weaker by about half of 1%. new zealand is up and running, kind of flat at the moment. we had the trade numbers a little earlier. million surplus, better than expected. the kiwi do

romaine: taylor riggs, you cover apple and these companies pretty heavily. ght your eye most out of this report? taylor: i think i will put it down to the iphone, only 27% of the revenue comes from services. .2% comes from iphone coming in with strong iphone revenue, as long as it didn't totally tank last quarter, analysts are going to be happy. the story will be the second half of 2020. eric mentioned we are in a 5g super cycle upgrade. if we get the iphone upgrade and a shorter replacement cycle, you start to see that fold into the second half of 2020. i think iphone revenue coming in strong is a very good story. scarlet: that's a story that we are watching and monitoring closely here. eric, you keep close tabs on the supply chain for apple. what has it shown you? eric: we saw two things that were really interesting. we sought measured units were much harder than people were expecting, coming out of the new iphone launch, and that really surprised people. the iphone 11, i apologize. that the supply chain wasn't making as much money as they used to make. app

taylor riggs reports. taylor: what a difference a year makes.ear ago, tim cook sent a letter to investors saying they were cutting revenues. he highlighted a shortfall in iphone revenue due to fire --? upgrades then and to -- due to fewer upgrades than anticipated. analysts have 27 buys on the company and only seven cells. -- sells. what are they doing this time around? despiteevenue or wanting to transfer to services, isgan stanley's analyst latest to raise the rice market into earnings. she says they are poised to replace iphones sooner and features like longer battery life and 5g technology cannot increase much further. air pods are another big reason for bullish sentiment. they are set to double to $60 million. analysts said air bonds have outpaced unit growth projections. they project $15 billion of revenue in 2020. apple tv plus. apple was one of the latest to join the crowded streaming wars, debuting at four to hundred 90 -- $4.99 a month. it is priced for subscriber gains and not margins. earnings at $1.4 trillion market see anticipation

♪ 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

i am taylor riggs with paul allen. coming up in the next hour, international emergency.ld health organization says the coronavirus outbreak is a global health emergency. we will have details. plus, the evaluation club. amazon crosses estimates on earnings-per-share and revenue. we will have details.

r.i.m taylor riggs and this is bloomberg technology. coming up, the threat you can't see. present trump speaks after u.s. missile strikes. we will discuss my come next. big one.toc poses a ceo.ll speak to the and we will hear from quimby's big offering at ces. more often brings profit for the defense industry and a new wave bringerattacks could [inaudible] the lastined about 8% few days. discuss what could be next, at an ai a director security firm. we got the attacks from iran in physical form and does that mean we are clear from the cyber effective? >> simply not. there is a significant distinction between iran's conventional battlefield capabilities and where they are on the cyber front. in the cyber realm, they have a greater chance of pushing back more dramatically and having a greater impact in the united states, so even though they have in terms oft route immediate reprisal, it is not out of the question that we will see something else. that?cus, your take on >> i think you make great points, they are -- this is the time for them to do it even more than they have. c

here to survey the damage is taylor riggs. d improving picture at one point in the last few days. american airlines was down 3%. only down 1% to 2%. a lot of factors going on. you mentioned the increase in the price of oil, up 4%. tourism implications as well as people get nervous. american airlines was already dealing with a lot of other issues given the grounding of the 737 max, one of the most levered airlines. they are the greatest risk of an economic slowdown. all of the others, united and delta as well, given their exposure abroad heading lower on this news. i mentioned oil because jet fuel continues to be a big cost for all of these airlines. delta coming in spending about 18% of their total sales for some of the fuel cost than american and united as well at about 20%. i also mentioned terrorism because some of this impacts travel. the tourism industry. take a look at the global airline index. in the last few years it is down 20% after the paris and brussels attacks in november 2015 and march of 2016. also got underperfo

i am taylor riggs in san francisco. take a look at the top global tech stories of the day. >> let's start with the u.k., a warning from a regulator has ebay and facebook cracking down on fake reviewers. facebook took action against 188 groups. the action came after the competition and market authority demanded changes in online reviews. companyoreign-exchange has contained the ransomware attack that crippled it new year's eve. the cyberattack forced the firm to suspend services. the hackers claiming responsibility demanded $4.6 million. leadershina's flowering people from delivery to home cleaning is seeking a u.s. ipo of nearly $2 billion. it is china's equivalent to craigslist and is backed by tencent. those the top global tech stories. taylor: the u.s. government 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 pa

i'm taylor riggs in san francisco.oud-watts is in sydney. >> tencent and its partners are seeking a $3.4 billion loan to fund their purchase of universal music group. they agreed in december to buy a 10% stake. bank of america, bank of china just bc and commercial bank of china as well as morgan stanley are expected to provide the funding. the results of 53 -- 5g auctions in taiwan are blowing away have exceededthey $3.3 billion in a country where consumers are the biggest of data in asia. tictoc whenmp for it comes to politicians, only this time it's dealing with impersonators. the app does not have a robust identity verification system to certify accounts and that has led to multiple accounts of as it facesg national security scrutiny. those of the top stories we are watching. taylor: samsung's preliminary fourth-quarter earnings, analysts estimate a profit decline for the world's second-largest chipmaker. the company shares have surged 44% over the past year as the market continues to look for concrete signs of a tu

horton which taylor riggs talked about. scarlet: definitely earnings at play. romaine: let's dive into the action. abigail, get us started. abigail: for those big declines for the major average, it needs the s&p 500 has finally snapped that streak of small moves. it has happened in the past when those streaks of complacency have been broken. big volatility ahead. the charts also suggest that the s&p 500 in relation to its 230 day moving average. it has tended to come back down. we have been making that point recently. 11%, the most over the last year. over the last two days, we now have the s&p 500 coming back down today toward the 200 day moving average. down -- rounding down suggesting we could see a pullback and maybe even the s&p 500 does go down to the 200 day moving average. mike: obviously, the coronavirus has taken all the blame for this selloff and energy companies are the worst performing group because of concern about lower demand for travel. the two biggest decliners over the last two days are very much earnings related stories. both of them are con

taylor riggs spoke to the ceo of an animal health care company.on of the is around diagnostics, we -- which we think is a important part about the care we are speaking about. detection is important in animals because they cannot speak. when you look at the diagnostics space, making sure you can understand if a frg dog comes in, what is underlying that. growing ata space 10%. we have a significant diagnostics presence today. the acquisition of phoenix help us grow our reference lab business and to build over time a national footprint in the u.s.. looking at a similar m&a strategy. taylor: we were in an industry where a few top players control the market. is this a company or industry that, you just need scale? player, we arene confident -- i am confident we have the global scale to be competitive across the world. we see opportunities for smaller scale m&a and in smaller places like diagnostics or precision livestock farming. i do not think this is an industry where you will see incremental consolidation. taylor: i am trying to get a read from a le

i am taylor riggs with sophie in hong kong and haidi in sydney.e: apple ceo tim cook will receive an award in dublin later this month to mark 40 years in of investment -- 40 years of investment in ireland. the company has been hit by a 13 billionuros -- euros -- which is now valued at $5 billion. the deal will allow the cloud data and schmidt company to expand into new geographies. it sympathize backups for virtual machine. it also helps customers manage analytics and software and data in the club. alibaba and tencent are ranked as the second and third best environmental citizens in research by greenpeace. it cause attention to the sector's ballooning energy consumption. majoritye says the lack of public disclosure removing to -- taiwanese election nears, joseph wu says china has become more text sadly in its alleged interference. >> we saw that china is using modern technology. the social media platforms to discussionsrupt our on the internet either through facebook or twitter or even a popular online chat mechanism called line. the fake new situ

taylor: i am taylor riggs in san francisco.ant to move to washington, because senate democrats are making a final plea to republicans to call witnesses in president trump's impeachment trial. joining us is chief washington correspondent kevin cirilli. the latest, top republicans are seeing momentum for an acquittal on friday. it is an acquittal versus a conviction, all but certain on friday. >> i think that is a good way to sum it up. senate majority leader mitch mcconnell has successfully been able to keep republicans in lockstep with republican leadership and democrats have not been able to peel off enough votes that they would need to inject witnesses into this trial. the second point that i will make is that, should this happen, it all but insurers in acquittal bite friday night or over the weekend, which would be good news for some of those democrats who are eager to get back on the campaign trail, like senators bernie sanders and elizabeth warren. the final point is, should there be a last-minute trend in this impeachment

taylor riggs is there. taylor: i am joined by none other than larry merlo.oining us. i want to start, as you continue to further integrate the aetna acquisition, analysts are excited about the solid execution. what is driving that? larry: we see the challenges for health care and the result of the emergence is more consumers in the health care. in june we laid out a detailed plan in terms of the near and long-term prospects, what we were going to do, how we were going to do it, and the value that would create. onhad an intense focus execution and we are beginning to put the proof points on the board. people are seeing the results of these companies coming together. taylor: you are an insurer, your health care risk company, you are a pharmacy benefits manager, given those who is your biggest competitor? larry: it is a great question. i think in the land of health care, you have multiple competitors. you have a lot of startups. you have the established organizations. our strategy is to put the consumer at the nucleus of our strategy in an effort to make health

taylor riggs in san francisco in for emily chang and is is a face-off with facebook. and potential competitors accusing facebook of anticompetitive behavior. is at stake.hat and the ultimate engagement. askser ceo jeff dorsey elon musk for a tip. and retail in return. making the return of merchandise a more customer friendly experience. that is the goal of this organization and we speak to its ceo. -- four potential competitors are demanding mark give uprg be forced to control of facebook. in a lawsuit, they get use facebook of anticompetitive behavior. they also want it to sell whatsapp. facebook says the claims are without merit. partner in we have a -- and a cocounsel in the case. great to have you with us. i wanted you to talk about the lawsuit wanting mark zuckerberg to be forced to give up control of facebook. is this possible and why? >> as of now, he has incontestable control over the company. his class of shares overpowers the class a shares. he has carte blanche to do what he wants with the company. hehe board. if you look at the details of our lawsuit, the

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 riggs is looking at why. wn 14%, having one of its biggest one-day drops for the year. off 44%. back this is after analyst cut the stop to a neutral, saying investors should be playing offense with other retail names that are not signet. take a look at what this means from analyst perspective. sells on thetwo stock, downgrading to underweight. names that wells fargo covers, a street target of $12 per share, analysts not feeling bullish on this stock. also highlighting other retail stocks. the theme has been have's and have-nots. walmart, target, amazon doing well. other companies like macy's, gamestop, signet, a lot of other beaten up names you could take advantage of if you are looking to buy the dip. signet, according to wells fargo, not one of those. guy: what are analysts saying about the top line for this companies? taylor: there is good news and bad news you break down the revenue for this company. kay,ood news is sales at their largest unit, it is only down .1%. -- zales jared's down and jared's down 2.

♪ 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. coming up, the california consumer privacy act. the laws now in effect but not without controversy. we would discuss how companies are interpreting the statute meant to standardize data mining practices. plus, cybersecurity in 2020. and new threats lurk online how will global tech try to stop it? we will talk predictions for tech companies in the new year as well as what 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 lot 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 gitalct consumers' di lives, i talked to reese hirsch, a partner at morgan lewis. newcomer,him, eric who covers the intersection of tech and government. >> you know, this is probably the most important priv

i'm taylor riggs. we continue to await on the vote.ate is getting set on whether or not to allow new witnesses and the impeachment trial of president trump. it looks like mcconnell and the gop have the votes they need. we will bring you the latest as it happens. now a big day for amazon. the e-commerce giant's shares surging nearly 10% in the biggest one-day percent gain since october of 2017. this is after the fourth quarter earnings the five expectations thanks to one-day shipping delivering and it's a giant cloud business' robust performance. here to talk about all of this and more is michael. wedbush is a market maker for amazon. and also with us is david kirkpatrick. michael, i want to start with you. the amazon web services cloud growth. growth slowed to about 34% year-over-year. one of the lowest rates ever but is 34% enough still to get you excited? michael: i think percentage is pretty irrelevant when we are talking about large numbers. growing by a couple billion dollars year-over-year every quarter is enough. and, if they gr

i'm taylor riggs.s week 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 attempted. -- 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 weight in -- 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 custom meters -- customers are diagnosed, we will cover the cost. thate fear is always there this could

i am taylor riggs.ntersection of health care and technology was never more apparent than at the j.p. morgan health care conference this past week in san francisco. it is where partnerships are formed and predictions are made. one of the biggest hospital systems, providence saint joseph's, announced a partnership with microsoft in july. it ceo, rod hochman, joins me now with his predictions for health care in 2020. >> we are seeing this revolution in the front end of health care where all people want to do is figure out who their doctor is with a couple of clicks. taylor: who are the biggest disruptors and do those disruptors continue in 2020? rod: there are a list of them. i think everyone wants to do health care. we are seeing the walmarts of the world and health care, amazon is in health care. plus, there are a lot of startups working particularly in to see whatry space they can do in health care. i don't even worry about my traditional competitors anymore. i really think about all of the electronics

i'm taylor riggs in her emily -- in for emily chang.op story, escalating tensions between the u.s. and iran. speaking in florida, the president defended u.s. airstrikes that killed a top iranian leader. >> if americans anywhere are threatened, we have all of those targets already fully identified, and i am ready and prepared to take whatever action is necessary. and that in particular refers to iran. taylor: to discuss, we are joined from washington by jamil jaffer from ironnet, security firm started by former director of the nsa, retired general keith alexander and before that, he served on the house select committee on intelligence. great to have you. kick us off, give me your broad thoughts on iran, most certainly responding via cyber warfare. jamil: look, iran is going to feel the need to respond. we have taken strong action, the president has, in response to a long series of aggressive activities by the iranians. they are likely to respond in one of two ways. terrorist attacks, likely abroad, it would be dangerous to provoke a terr

i'm taylor riggs in san francisco. now our biggest stories of tech. u.s.rs expressing concern over the alleged hacking of jeff bezos by saudi arabia's crown prince. senator mark warner, the ranking member of the intelligence committee telling reporters "if it is true, it is remarkably serious and shows even if you are one of the wealthiest guys in the world, you are vulnerable." there are clearly intel ramifications when we think about americans and campaigns that are subject to foreign-based attacks." and tomss, tim culpan giles join me. what has been the tech response to all of this? attachmentick an a -- on an attachment from saudi royals when you are whatsapp. as you said, even the wealthiest guy in the world is vulnerable. straightforward -- saudi arabia allegedly outsourced the software, the reache researchers have identified a couple of companies who may have supplied it, and it was in a message sent via whatsapp. it is not clear if it is something jeff bezos clicked on, or if there was an auto download function in place, either way, it is not a sup

this is bloomberg. >> i'm taylor riggs in san francisco. and this is "bloomberg technology."off with facebook. the social met york is sued by four potential competitors to accuse facebook of anti-competitive behavior. details and what's at stake with the co-lead demounl the case. plus, the ultimate engagement, jack torsy asked tesla elon musk for a tip.

>> i'm taylor riggs in dzumhur cisco. this is "bloomberg technology." coming up in the next hour, apples shine. the company keeps hitting records. a new milestone in china. we will have details. the food delivery business is getting very crowded. grubhub may be looking to consolidate. we will explain. sales floor in the sky. it is no news that microsoft competes with amazon in the cloud business. but a new target seems to be its retail customers. first, to our top story. that is last year, tim cook stunned investors when my company readjusted its forecast due to struggles in china. what a difference a year makes. official government data shows the apple smartphone shipments in china grew 19% year-over-year in december. that marked a big jump from previous months. it is particularly remarkable when shipments of phones of all brands were down 14% in the same period in china. for more, i want to bring in our reporter. are you surprised by the amount of bullishness we have on apple and the iphone shipments in china? >> certainly in china, that number is a s

.] ♪ i am taylor riggs in san francisco in for big ten/acc challenge.his is "bloomberg technology." coming up, women on pardon. goldman-sachs says it will not back companies going public if all the directors are white straight men. we will see how theism p.o.'s stack up. hey say apple could reach a $2 trillion evaluation by the end of 2021. posh mark and push. we will talk with tracey sun. what schappers and entrepreneurs want -- what shoppers and entrepreneurs want in our special serious. goldman-sachs is making a stand against all-white, all-male boards. depraved solomon issued an ultimatum from davos. hey will refew justin upton -- i.p.o.'s if they are all male and white. we have two to discuss with us. interestingingly enough, this seems like this could be real change. goldman has significance influence. they were the top u.s. underwriter last year, one of the top three in the last decade. this is more than a p.r. stunt. what do you think? >> even if there is never an i.p.o. they refuse to do, they are going to have a divorce board. that is more lik

i'm taylor riggs in san francisco.k, 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 edge 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 're joined by gene munster and john butler. john, as you take a look at the highlights, what stood out to you this year relative to previous years? john: so, you mentioned it at the top, taylor. to 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. and that was sort of the talk of the town, if you will, as i went from discussion to discussion. everyone brought that up. and of course, underlying all of that needs to be a foundation of 5g. taylo

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

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

let's start with bill anderson, who told taylor riggs his company is not concerned about competition>> we don't worry about bio-similars. they are an important part of the health care system. they bring lower cost and choices for patients. that's great. our real focuses on innovation -- our focus is on innovation and we will continue to be successful there. >> there has been a lot of talk about drug pricing and transparency. what are your thoughts on potential changes this year or the next four years for new drug pricing transparencies and how you make sure you are clear about the pricing? >> one of the issues we have as an industry, almost half of the cost of medicine is borne by patients. -- cost that is borne by patients go to the innovative does not pharmaceutical companies. it goes to the middlemen. rebate reform and transparencies are ways of ensuring that people understand where the money is going. >> where do you see the intersection in technology in health care? >> at gsk, innovation is the first of our three priorities. innovation, performance, trust. whether it is positive

i'm taylor riggs in san francisco. let's take a look at the top global tech stories of the day. nks, taylor. as the coronavirus outbreak accelerates, global firms in china make moves to protect their employees and limit the virus spread. automakers are evacuating workers and their families from wuhan, using chartered planes. retailers and restaurant chains, including mcdonald's and starbucks, have also shut down several stores and warehouses in the region. volvo is counting on tripling sales of its hybrid models this year as a way to avoid paying european penalties. the car maker could pay up to hundreds of millions of euros for its polluting but popular combustion s.u.v.'s. the ceo says a fifth of all new cars sold in 2020 should be plug-ins or all electric compared with just 6.5% last year. french services company gemini has secured enough shares to go ahead with its plan to take over ultron, another paris-based engineering consulting firm. the c.e.o. said the ultron deal with help address an engineering shortage in europe. those are the top global stories that we're watching.

♪ ♪ ♪ taylor: i'm taylor riggs in san francisco. this is "bloomberg technology."g 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 huawei's cfo wraps 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. with bagnis a suspected -- with investigating forensic experts detected a massive spike in data being siphoned from it. hours after bezos received a whatsapp message from a saudi royal. the malware behind mac remains a mystery. to discuss in washington, marcus fowler, director of strategic threat at dark trace. 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 messag

i'm taylor riggs.ple enjoyed a fresh price target boost from jefferies this $285 to $350 a share. looking at the past year, shares continued to retire, and this week hit an intraday record. analyst kyle mcnealy said look at foot traffic at u.s. apple stores as well as globally -- global web traffic showed apple was set for a strong finish to 2019 when a report earnings. sales in china were also up as government data indicates it grew 18% year-over-year. alistair barr filled me in thursday. alistair: certainly, in china, that number is a surprise. there is a broad push in china to focus on huawei and have consumers buh huawei -- buy huawei phones instead of iphones. and that was the concern for a lot of last year. and some of the trade tension has come down in recent months. so maybe that has something to do with it. but i think, more to the point, is a device like the iphone 11 is a little bit cheaper, that battery life is very, very long. and the photos you can take are a lot better than the previous

i am taylor riggs in san francisco.he federal reserve all but expected to keep rates unchanged on wednesday. investors are waiting to hear what is said about the potential economic impact on the coronavirus, and plans to revise the money market operation. our bloomberg global economic policy operator kathleen hays is here for us. kathleen: go back to september 11 when the fed announced a new plan for 2020 and they have no plans to do anything. 2020, 13 of seven , not a hike, not a cut. only a few of them may be want to do one. jerome powell has said that we are not going to move anything on rates unless there is a material change in the economy. we have low unemployment, investment is weak and spending is a linchpin here, but that is where they are standing right now. powellstion is, is jay going to give indication the fed is watching the coronavirus? the economic risk globally to potentially change their stance may be too early. risk already a near-term in asia, particularly in china. said if the fed signals that chang

. ♪ ♪ taylor: i am taylor riggs in for emily chang, and this is the "best of bloomberg technology," whereu 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 will tech try to thwart it?

. ♪ ♪ taylor: i am taylor riggs in for emily chang, and this is the "best of bloomberg technology," whereu 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 wille

taylor riggs is standing by with another industry ceo. taylor.ertainly continue today, and today it is the eli lilly ceo dave ricks. thank you for joining me for the second year in arroyo. you are speaking late -- year in a row. you are speaking later today under pipeline. what can we expect from you? dave: there's never been a better time for innovation in pharmaceuticals for people with serious conditions. right now, we are a big player in diabetes and anabolic disease. we are seeing incredible things in our pipeline there. we have a late phase project combining two naturally occurring proteins to activate your metabolism and help people with diabetes lower their sugar and reduce weight. we've got earlier versions of that in the pipeline as well that could even bring more weight loss and more metabolic control to patients with type two diabetes. we know it is a huge problem around the world. lilly has been working in a new field called precision oncology, where we detect why your tumor is growing, not necessarily where, and then make a medicine

. ♪ ♪ >> i am taylor riggs. this is bloomberg technology.mer privacy act is in effect, but not without controversy. cybersecurity in 2020, what new threats lurk

here is taylor riggs. taylor: remy cointreau down across the board after a sales miss. a pretty rough second half of 2019. the biggest issue analysts are citing is that the company is putting annual guidance on hold. they are waiting for an update in tune with new management to get new guidance. political unrest, issues with the coronavirus, and slowing u.s. sales really all to blame. again, we are waiting for general management to give us an update in just a few months. the one you're stuck there, i want to flip up the board and take a look at the fundamentals of this business. 11.3%, sales are up to double the drop analysts were expecting. course, you go to hong kong and see some of the big unrest over there, trying to mix up about pony percent of the profits over there. analysts say the coronavirus and the hong kong political conflict are very worrisome. they are waiting to get a little more detail on this virus come but they are very worried about the impact on sales. that is a look at your stock of the hour. vonnie: thank you for that. elizabeth holmes is back in t

taylor: i'm taylor riggs in san francisco. welcome to "bloomberg 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 y is ahead of schedule. and rates stay on hold amid moderate u.s. growth. and we have just opened for trade in australia. it is a stagnant open. right now, we are weaker by about 2/10 of 1%. let's see how that evolves. we will give you a check of futures. we have futures for the nikkei looking weaker. crosby futures pointing lower as well. and if we take a look at currencies, not a lot of action either, this despite fears over the coronavirus. we saw the aussie losing ground over that, as well as the japanese yen pretty much stable. the fed has concluded its two day meeting. it did not really move the needle for currencies. now more on that story, and our first word news. >> the fed left rates and a policy on hold,