giant over -- from the top -- from the tech giants over russian interference and the u.s.t election. lawmakers want to hear from them again and this time to examine what the platforms are doing to fight the spread of online extremist propaganda. that will be on january 17. to discuss further, we are joined by someone intimately familiar with the relationship between the government and big tech. thank you so much for joining us. what do you want to hear from this company's next week? >> what have they done to address the concerns, today we had facebook announcing that they are changing their algorithms so that we don't have people being exposed to false brand advertising. what other steps have they done, third-party verification? are they increasing investments? are they hiring more reviewers? i think they have to be transparent about what went wrong and what steps they are taking. emily: what has been unsatisfying about the answers they have heard so far. >> i think they were slow to a -- i think they were slow to acknowledge their mistakes. what they should have said is w

and on thursday we will see the titans of the tech world, the likes of alibaba, of the tech world, the of aliba ba, alphabet, and of the tech world, the likes of alibaba, alphabet, and amazon, posting their earnings that day. i spoke earlier to the chief investment officer for the asia—pacific at deutsche bank. investment officer for the asia-pacific at deutsche bank. we don't really think there will be any material announcement, because as we said, it is the last meeting as chairwoman, so hence they will keep the interest rate unchanged until of course she hands over tojerome powell, and then we would expect the first rate hike to happen in march. and we know that in the interim we have the low interest rate environment. yes, there have been small hikes, but we have also had us tax cuts which have been helping corporate sentiment a great deal, driving up those stock markets, for instance. when do you think these will start to have an impact? so we think the risk is more on the upside, especially on inflation. so if tax reform comes through much better than expected, we have seen and h

nation's advantage if the government work with the tech sector ratheragainst it and obliquely to it, and ignorant of it, which i often feel is the case. emily: all right. david kirkpatrick, with us for the hour. and sarah mcbride, thank you. ivf venture arms will become the largest supporters of startups. a starter accelerator plans to invest in five or six companies over the next six months and also connect startups with fortune 500 -- interested in their technology. coming up, tech firms are scrambling after finding a flaw in chip processors could make any device made in the last decade vulnerable to hackers. what you need to know to keep your information secure, next. this is bloomberg. ♪ >> i am a alisa parenti in washington and you are watching bloomberg technology. through the check of your first word news. president trump says michael wolff's behind the scenes look at the white house is a lie. but wolff says he can back everything up > i. >> i have recordings and notes. i am comfortable with everything i have reported. went on saleok today and is

the other problem is transparency. techompanies have not been as transparent and terms of how they are removing content and the numbers. it is great to hear how many has been taking down in a week, but if it is going up in a faster rate -- that is not really a sustainable solution. more transparency, several account authentication measures, and lastly, more resources can be devoted to this issue. these are huge companies with a lot of money, and if the public is aggravated enough by these issues, and there's enough pressure, you are going to see this hurt their bottom line. should be smart this is for them to put more dollars in these problems to back up the rhetoric. emily: this is a continuation of the hearings from last year, what is next? >> they still have to update them not only on the terrorism as, but the russian manipulation part. twitter came up with a big announcement that they will notify accounts who have seen ira or russian backed accounts. that is a big deal because they have been slammed for not being more t

what is a tech commons? >> you have themicrosoft saying what will be global tech commons looks like you'll see fragmentation, you see that in the internet space and as we move from the information revolution to data revolution, it is much more top down. so the space that is being created, the way that people are engaging and the filters that they seek to engage in commerce, or if there is surveillance, those are increasingly either coming from a bunch of fragmenting companies that are competing with each other, very sophisticated in the u.s. or through the chinese government. those are two completely different models. that is not u.s. led globalization we have been thinking about. i think you can make an argument that the facebooks and googles and microsofts are easily as strategically important for the united states for the economy and the national security as --kheed and raytheon ever or ever were during the cold war. i don't think the u.s. government is prepared to align with these companies that way. i also think the si

the boston-based hybrid cultural tech form is dedicated to helping them sustain the planet.o apply natural approaches and grow healthy food. million in a $47 funding round of this after 156 milling dollar grant to push the company to a unit or status in late september. so how will the indigo use these funds? , joining us now from boston, david perry, thanks a lot for joining us, how will you use these funds? during the business broadly, a lot of votes will be increased r&d spending. the carved -- core of the company is microbiology and applying that to agriculture and a lot of our investment goes into r&d spending. alisa: talk to us about how the technology works. sure, microbes evolved with plans overtime over hundreds of doing to beers to help those plans by our stress and that could be helping them feel that it would lack of water or it could be helping them resist attacks. modern agricultural practices have decimated a lot of those beneficial microbes. this is by the abolition of application of pesticides. it discovers those microbes that were originally evolved to help

>> look, i mean, immigration for the tech industry is an important issue. if you walk the halls of any major tech company and if i talk about technology like ai, and look at the people who are working on it, what makes u.s. at the forefront of technology. why other countries are envious of our position here, it's because we've always been able to get the best talent from around the world including within the u.s. and get them to work together. essentially the recipe, which is why it is an important issue. we as an company employ in the u.s. over 50,000 people but we face a talent gap for very high skilled jobs and it's important we get people here. so we literally had people who are deeply affected by all of this, which is why we speak out on behalf of our employees, but more importantly, because it's actually good for the country. >> talk about that. it's an ugly rhetoric at least politically around in issue. how do you broech that and your employees want you to be outspoken and tough against those anti-immigration thoughts. >> well, i think we look at some

and boeing held the top slots you know generally dominated it last year so for tech to come in but that scares me a little bit because you know i was i was an adult living through the last tech bubble and i see a lot of similarities in this idea that a.

the co-authors heather cabot and sam walravens talked about the book and women in the tech sector. this is one hour. >> good evening ladies and gentlemen. welcome to barnes and noble tribeca appeared to not have the pleasure of introducing heather cabot and sam walravens as they join us to discuss their new book, "geek girl rising: inside the sisterhood shaping up tech". heather cabot is a former abc news correspondent. investor, adjunct professor and a woman at forbes contributed. sam walravens is an editor, recognize speaker on women, contributed to women at the huffington post and disney interactive. please join me in welcoming heather cabot and sam walravens. >> you so much! >> thank you! [applause] >> we really appreciate coming out on a rating i like this. this is a super exciting moment for us because first of all we are in the same city.which we really are because i live in new york and pam lives in san francisco. this really is the evening before "geek girl rising: inside the sisterhood shaping up tech" comes out. it is really a special moment for us and to kick things off,

apple wants to pay tax dollars tax reform sparks the tech giant's move to cough up tens of billions in profits. from. chinese fries the world's number two economy defies expectations with its first annual growth spurt. all right. while come to the program the middle east's largest emirates is throwing airbus basically a lifeline for its troubled jets the three hundred eighty amaris is buying twenty double decker jets with the option to buy sixteen more airbus had said earlier this week that if it didn't close the deal with emirates it would end production off the jet altogether the airbus a three eighty lives to see another day emirates ordered thirty six of the super jumbos for a total of sixteen billion dollars on twitter emirates c.e.o. shake been. called a three eighty a success story and a critical part of future success for his company and united arab emirates the latest deal shows how confidently we're approaching the future and how determined we are to forge ahead dubai wants to keep growing and become a world class destination and aviation hub. airbus has manufactured and sold

sector ten cent and ali baba's subsidies these two big names in the asian tech sector are the biggest players in this game at the moment and if you notice these are what we call new economy companies that china wants to attract biotech firms and r. and d. funds are also at the top of that list then there are let's pull you in at this stage is that also the case when it comes to i.p.o.'s in germany this year. well actually i.p.o.'s are expected to be on their almost record level also here in germany for two thousand and eighteen but the companies who are planning on going public are very diverse we're talking here potentially about the biggest i.p.o. since nine thousand nine hundred six coming from siemens a very very old school old economy company they're planning on listing their magical solutions business at least for twenty five percent of that then also going to bank is planning on listing parts of their asset management also rather old economy and then we have a couple of midsize companies who are currently owned by private equity which is which are planning on selling those stak

are we short all the legacy enterprise tech companies? hort all the banks is there genuine value extracted from the rest of the economy >> yeah, i definitely believe that we should be short banks. banks have a lot of real estate, and, you know, the traditional banking system, i think, is going to change. i think the first bank to embrace the space and really get into it, you know, embrace blockchain technology, embrace cryp cryptocurrencies, find ways to make it easier for consumers to bank in the space, those banks will do very well. i think everybody else, you know, i personally think banking is dead. look, i make these predictions, you know, sometimes people think i'm crazy, but i've been doing this for a while now and see this happening and so i really believe that traditional banking is in trouble. >> traditional banking who knows what traditional banking is anymore is that what i'm doing on my phone or what i used to do in the bank branch? let's switch topics to apple's battery gate saga. the tech giant says $2 replacement batteries

i think it behooves us in the tech sector to be listening to that. ddressing the concerns and acknowledging the concerns. silicon valley has sometimes been slow to do. tom: let's move to the commonwealth of massachusetts and talk to ian bremmer about the tech comments. what a great phrase. what does it mean for us? >> the president microsoft said in increasingly looks like you will see fragmentation. as we move from the information revolution to data revolution, it is more top down. the way people are engaging and the filters they see to engage in commerce or surveillance, those are increasingly either coming from fragmented companies competing with each other or through the chinese government. you those are two completely different models. that is not the u.s. led globalization that we have been thinking about the last 40 years. you can make an argument that the facebook's and google's and microsoft's are easily as strategically important for the united states, for our economy and national security, in the next 10 years, as lockheed and raytheon were

this is the "best of bloomberg " where we bring you the best interviews from this week in tech. ruggles to manufacture for the masses, shipping people model three sedans in the last quarter and pushing back a crucial production target. we are tracking spotify's unconventional ipo. is there really investor demand? intel discloses this week that most of the processes running the world computers and smartphones have a feature that makes them vulnerable to attacks. as the largest chip acre in the world, the impact is far-reaching. the next coming over few weeks and it sees no material impact to its business. google says the issue affects other semi conductor firms. microsoft, apple, and google says -- what we need to know. outoogle researchers found that this might be a problem going back to the middle of last year. the idea was we get together, find a fix for this, then we put that fix in place, then we go and say, look, this is what happened. we sorted it out. don't worry. unfortunately, news intervened. people found up. they are now in a scramble mode. found out. they are now in s

we will bring you the latest in tech throughout the week.day that you can tune in each day. tune in each day. all episodes are livestreaming on twitter. check us out. that is all for now. this is bloomberg. ♪ ♪ >> the mifid squeeze, europe's new regulations are damaging to asset regulators. a deal favorable for the city of london. a deal one year on, the differences the president has the towards differences in american financial sector and what is next. i am nejra cehic in london. is t and returns

you don't to have carry this carry on luggage, when pared with the high tech wrist bandit follows youyou can use sensors and cameras. future test, organizers are being criticized for being behind in terms of the diversity. originally, it was all male propping a backlash on line. >> it comes at a time when there is a lot of attention on the lack of women representation in industry not just tech industry they have woman on panels, but there are more opportunities, to show that women are impacting. >> reporter: sign of the times that the future is now. i'm c net cara suboy for cbs news, las vegas. >>> only a matter on have time before robots take over the world. we still need you, to interpret our forecast. >> you do, i know and today is one day that is really important to pay attention to the weather because it is going to be changing so much, in fact, some people are sleeping in, they are going to be waking up to a rude awakening with temperatures in the 30's, where when they went to sleep last night it was in the 50's and 60's out there we have big changes heading our way. we will sta

how did the tech representatives respond? fensive.e on the lawmakers are wondering why don't have the executives and ditto have mark zuckerberg or jack dorsey on the stand. on just about questions terrorism but the russian manipulation. lawmakers are asking why these powerful companies not allocating enough in these issues? there were several tense issues, particularly with the hawaiian senator and twitter, as in them why did so many resources to this, why there were still fake russian accounts, bot accounts. take a listen here to it yet the safety twitter. based on results, you are not where you need to be for us to be reassured that your securing -- you are securing our policies. vote and our adversaries are participating in your platform, how can we know that you are going to get this right before the midterms? said itts part, twitter is going to be verified candidates in the upcoming midterm elections. the bottom line from lawmakers is that this is not enough. going over the problems with moderation, what are some longer-t

we will bring you the latest in tech throughout the week. each day at 5:00 east coast time. all episodes are livestreaming on twitter. check us out. that is all for now. this is bloomberg. ♪ abigail: coming up on "bloomberg best," the stories that shaped the week in business around the world. a report from china roils the budget deadlines loom. markets have growth data from china. apple prepares to bring home overseas -- and announces plans to spread it around.

i think that there will be more political pressure on the tech giant especially leading up to the 2020 election. i think whoever runs in 2020 is going to do so on an anti-tech platform and beat up the giants. i think google, facebook and amazon are most at risk. and so it is something that wall street is waking up to more. rbc put out a note a couple weeks ago looking at the top ten internet surprises for 10 20 18 a 2018 and said regulatory action was number one, although it was unlikely that it was higher than the market suggested, the probability of it. >> does that get harder do when apple and amazon are holding beauty pageants, getting governors and mayors to line up at their door? we talk about tech under pressure, but it feels like mayors under pressure programs a bit more because people want jobs at these companies. >> that is a great point these are bizarre times. in one camp it pays off to barb big tech in europe, in america it really pays off with. uhe list bases in another sense, these services and these companies that produce these services and products are incredibly parti

people love to watch the tech-heavy nasdaq. financials, industrial stocks are driving the record run. in las vegas, we're coming to you live, in the broadcast tower, 7,000 media. we have the best places. gambling takes a back seat to tech's biggest innovations. the ces tech show 2018, going to be a record breaker, we are told. over 3900 companies are exhibiting several hundred thousand products. 170,000+ people are attending with 150 countries represented. about 50 football fields of exhibition space, you're looking at a live picture. we're in the central hall. there's a central, northern, south hall and the las vegas sands has wearables and drones in it, gadgets, gizmos, accessories from names big and small showcased across ten locations on the strip. look down there, it's not just tech, it's block chain, the cps company, they're throwing bitcoins, chocolate bitcoins. look, i caught one! got one right there. i spent the morning getting turned upside down, the roof is leaking, can we take lance's shot there. samsung's newest vir

silver lake invested $250 million to help the web tech startup. they built tools to betr operate websites based on wordpress and open-source to use and manage websites and applications. driverless car's are prepared for liftoff. according to a new study the company says autonomous cars are launching first in the u.s. in the next couple of years and will reach one million in annual global sales by 2025. that number will increase drastically with analysts -- jeremy carlson still with us is bob o'donnell. what makes you think they will run up so fast, multimillions in 2040? >> we took a close look at a lot of factors. technology, regulation, consumer interest, and all of them will help bring the technology to market early on. we expect over the later parts of the forecast, into the 30's, that the service-based business model, mobility as a service is really going to start to drive demand for a lot of the alternatives to vehicle ownership. emily: are these cars that still need a human driver in the driver seat? >> know, these will be fully autonomous v

taiwan is one of the most high tech places on earth companies like h t c account for around a fifth of the country's g.d.p. by producing computers laptops and smartphones for the entire world but with cheaper chinese rivals breathing down their necks companies in taiwan need to keep their technological edge. in showrooms like this one they're focusing more on software. virtual oregon mentored reality. we're seeing. from many past. experiences like if you only knew how were the march and walk s. lloyd lore after. the the third analogy get come out of tice so only do we know how were it's not very good strategy for the long term established companies are turning to startups to tap new markets this firm develops artificial intelligence for surveillance cameras the more it software sees the more it learns it can differentiate between vehicles and traffic that's important for urban planners founder sean go on received ten million dollars from investors to develop the software the big tech names are also willing to pay for the latest know how. this is not how the sauce and come on say. we of

taiwan is one of the most high tech places on earth companies like h t c account for around a fifth of the country's g.d.p. by producing computers laptops and smartphones for the entire world but with cheaper chinese rivals breathing down their necks companies in taiwan need to keep their technological edge. in showrooms like this one they're focusing more on software. virtual or augmented reality. we're seeing. from many past. experiences like if you only knew how were the march and walk s. lower and lower after. the the good analogy get commodities so only do you know how were is not a very good strategy for the long term established companies are turning to startups to tap new markets this firm develops artificial intelligence for surveillance cameras the more it software sees the more it learns it can differentiate between vehicles and traffic that's important for urban planners founder sean go on received ten million dollars from investors to develop the software the big tech names are also willing to pay for the latest know how. this is the power of the sauce and come on say hey

one of the stars of the tech conference comes from the bay area area. san jose based robot company is seeing its technology being snatched up all over the world, including las vegas, of course. we followed the bot around today. we're joined from the las vegas strip with more. >> reporter: good evening, as you know las vegas is famous for bright lights and big stars. among those getting the most attention this week in vegas, a robot from the bay area. expanding its reach one hotel and one hallway at a time. it never gets tired, and it doesn't sweat the small stuff. after years of tweaks, the robot, born in san jose has gone vegas. we saw this one in the renaissance hotel making deliveries to guests. >> there's more interesting things you can do with the robot. >> reporter: thanks to new software and sense sors it can tell the hotel where the wi-fi is weak. >> he's constantly monitoring the halls, the wi-fi. it makes sense to work with the hotel and let them know what the conditions are and if anything is going on, he can notify them enough. >> reporter:

coming up, we previewed the world's biggest gadget show. why top techurning to the showroom floors after several years of low attendance. and if you like bloomberg news, check us out on the radio. you can now listen on the bloomberg radio app. this is bloomberg. ♪ ♪ emily: lyft is set to show off a fully automated ridesharing service next week. they are partnering with a self driving software company when delphi split into two companies. lyft and uber are betting driverless vehicles will be a pivotal point to their business prospects. last year, lyft announced plans to allow self million to -- self driving developers to plug into their models. and staying with ces, google is setting up a booth for the first time in years. executives will be roaming the showrooms. we caught up with mark bergen for all the details. >> we expect more of last year, which was home speakers and alexa were the big part of the show in las vegas. now there are a lot more competitors. google is pushing out its own version of a home speaker, apple is working on one. samsung and a

the eu? out, we will come be able to ensure we are encouraging tech companies to come to the united kingdom. companies expanding the u.k. and i want to see that continuing. outside of the european union, we will see opportunities. partnershippecial with the eu, continuing trade relationship but we can also look at what relationships we have with countries around the rest of the world. i think there is a huge opportunity in relation to tech companies particularly in the area of artificial intelligence, where the u.k. already has a leading edge. i want to see us develop that for the future. in an attractive place for businesses to come set up. we see every week a new ai startup has started up in the u.k. i want to see that continuing. this is a really exciting future. >> one thing is the emergence of jeremy corbyn -- two of the business people here, they tend to take the attitude of yes, but they are still not sure where you stand on business in many ways. i am not jeremy corbyn. what is the conservative approach to that at the moment? >> this conservative government i lead recognize and under

dara khosrowshahi -- >> he's working on it. >> he took what is clearly one of the toughest jobs in techs the new ceo of uber. he knows a little something about the issue of trust or has dived into that pool in recent months, guiding what is the most valuable startup and private company through some serious public trust issues. shy tell you that he's an iranian immigrant, left the country at 9 years old on the eve of the iranian revolution in 1978, grew up in new york and went off to work for barry diller and has had a remarkable and storied career ruth porat is here former morgan stanley. politico a few years ago named her as the most powerful woman on wall street today she's known as the cfo of alphabet, google she led google through what has been a remarkable restructuring and transformation the stock under her reign has swelled 30% if not more. we have another bomb thrower in the room he's named the king of the madman, he's that. he founded the world's largest advertising and marketing agency what about the mad women yes. #metoo >> marc benioff is here at the end. sales force ceo and

tax reform spots the tech giants move to cough up what could be the biggest payment of profits for patrick headed from overseas. and a chinese surprise the world's number two economy defies expectations with its first annual growth spurt in years is the done at dr it. let's do business ever it's a lines has announced it will buy twenty eight three eighty super jumbos with an option to purchase sixteen lol the deal is worth sixteen billion dollars and. comes as a big relief for the european aircraft maker earlier this week airbus c.e.o. john lee admitted that a three eighty program would have to be discontinued if a deal with dubai based emirates didn't happen soon the largest passenger plane in the world is proving to be too big for many carriers turning a bounce as proud as project into a nightmare for the company. because a hobo always has one eye on the sector but i bet he's still got your full attention it does indeed this deal gives airbus flagship product a lifeline one of the most visible visible industrial projects that europe has even overseas and i mean you said it there has been

the car seems to be getting positive reviews. were taught about tech merger mania. ked about the possibility of apple buying tesla, which i know has been raised for years now. he didn't think? it was likely, what do you think dana: it is a perennial rumor. it is hard for me to imagine elon musk elling his company to someone else unless he could retain full control. seleka -- so, how would that work? i don't see elon musk reporting to tim cook. emily: you never known. there is also talk about will elon musk hand over the reins, and then stay with spacex. he may step down as ceo of tesla once model three is up and running, however, he has also said he loves tesla like his own child. emily: but it is unclear which one he loves more, right? dana: right. he will always be involved with tesla in some way. what is interesting is they in theave a coo, so who company is being groomed for that role, if anyone. emily: so, what is happening with spacex this year? upight dana: they are giving -- gearing up for a strong year. the first lunch is later this militaryecretive payload.

next week is the busiest week for earnings season. mega cap tech will be center stage. facebook amazon, alphabet, apple all set to report. those companies more than 40% of the nasdaq the options markets expecting a 5% move for facebook and microsoft. traders are answering a 4.5% move for alphabet when it reports, and 4% for apple. do the math on that and it could represent a more than $180 billion shift in market cap. how should you play the space into this massive week which names do you buy let's get to carter bronx ton worth. hi carter. >> i thought we would look at them all as a aggregate and drill down on google just the names that you heard had, as big as it gets, as important as it gets, and all on deck let's look at a few charts here and try to figure it out to. what i want to talk about is how important. you know this, but the top five stocks by market cap plus netflix are valued at $3.7 trillion you are talking about 14% of the s&p. all right. so another way to look at this, those top five stocks plus netflix it's not a top five are valued at 3.7, versus 3.4, t

. >> i know your intel has been digging into the tech hubs in the country. what did you find?id many of them line up with what amazon has released? >> we looked at a lot of our data, which we have on almost half a billion people in terms of their skills and capabilities. what you find is that a lot of the bigger cities like new york and los angeles tend to have the most candidates to pull from him -- from. but when you look at the list, you have proximity to universities. pittsburgh being proximate to carnegie mellon. if you're looking for technology talent that would be a factor. , selina: what is the process to narrow it down? >> what they are thinking about is what will happen in the next 10, 20, 30 years. where do people want to live? they will factor in public transportation, cost of living. i think it breaks down to talent. can they find enough talent in that location? do people want to live there? selina: what characteristics do you think amazon is looking for? we have a city ranging from new york to even suburbs like montgomery county. >> i think the main thing a size

and boeing held the top slots you know generally dominated it last year so for tech to come in but that scares me a little bit because you know i was. i was an adult living through the last tack and i see a lot of similarities like this idea that it will never end the money is never going to stop it's always going to be amazing except it's not it will not and that's on my body wakes up one day and reacts there a lot more than they were the day before but at least with the tech bubble you had lots of different technology companies now i'm seeing that same thing that you see all over again we just see the pyramid effect where suddenly it's just one big one to rule them all you know i mean there's really there's what twitter you know what you tube's owned by google i think you know you just see that that same kind of like thing much like the media entertainment business web site five companies control all of our media now we're seeing the same thing on the internet so to speak words like ok there's like these major companies they control and what's frightening about that is like i talked a

>> i think the common thread is lack of transparency on the part of tech companies, they say they do arm and are good for society, people are realizing products are somewhat addictive, there are some things about the product they don't understand, strange algorithms, secret technology all of it needs to come to light. >> there's the issue of whether or not this was all engineered, created intentionally or whether it is something that is out of their control and even their efforts to remedy may fall short. >> i mean, i think the common thread is really that these are advertising based companies and their incentive is to grow essentially at all costs over the past decade, google and facebook faced no real regulatory threat, no real hurdle to their growing at all costs, so that's what they did they had incentives to expand every part of their business so you see them ramping up technologies that may be addictive, sort of not putting a lot of controls on the ad buying stuff which led to foreign government influence in the election sort of all of this stuff is the result of their primary i

the tech giant also plans to build a new campus and create 20,000 newjobs in the us.quarterly loss in six years. the us investment bank lost $1.9bn in the last three months of 2017, sending full year profits down more than a0%. goldman blames unusually calm markets for a slide in revenues in currency, commodity and bond trading. it also reported a one—time tax charge of $a.4bn, making it the latest major bank to take a hit from changes in the us code. and now, what's trending in the business news this morning: in the wall streetjournal, facebook widens probe into alleged russian interference in brexit. that is what they are discussing. from reuters business, more bad news for bitcoin and its rivals. us financial crime fighters are aggressively pursuing virtual currency platforms. and from bloomberg, may's date to make up with trump in davos is on ice. it says theresa may's hopes of thawing frosty relations with trump at a meeting at davos could be fading. iam heading i am heading there on sunday so i will keep you in touch with what is happening there next week. and d

the tech companies have great capability and the auto guys do too.one of auroras stated values is no jerks. >> we do not have time for interpersonal garbage. we wanted to be about how do we solve the problem. rly oreating people poo over inflating egos. emily? competitionis the for self driving cars -- how the competition for people to work on self-driving car's? greatgive them a environment to work in and teach. i think people want to really do something that matters. emily: employees at the white house will no longer be able to use their personal phones at work. thee house aides say change is not due to concerns that staffers have been leaking to knees off with -- news o utlets. we talked about the streaming music landscape next. this is bloomberg. ♪ ♪ emily: disney will find out soon if the force has awakened in china. star wars has never had the same following there as elsewhere. globally, the movie has taken in over $1 billion at the box office. a new report said there were a record 377 billion songs streamed over 2017. ceo of as now is the star

so, and it has a lot to do, unfortunately, with the lack of diversity in the high tech industry and the fact that these students, their parents don't work in high tech. they're service area jobs. maybe if they work in places like google and facebook and yahoo and so forth, they're service workers, they're cleaning the offices at night, they're working in the cafeteria. they really, you know, have no connection personal, they have no role models within their own families working in these jobs in this industry. robert: you know, from sort of almost bitter experience going to sunnyvale high school, i remember counselors recommending basically sort of blue collar careers, sometimes fairly lucrative, being plumbers. i mean, there's nothing wrong with being plumbers, electricians, things like that, that but i think that to a certain extent, it was a general kind of perspective in order kind of safeguard them from trying for something that maybe they thought they couldn't do. so, we talk a little bit about growing up in the same neighborhood, but it was very much a working class neighborhood.

artificial intelligence is all the rage in the tech world. this morning, we'll take a closer look at the technology behind a robot so advanced, it's been granted citizenship in one middle eastern country. won't be demolished after all. instead, four of the six piers will be installed along the oakland shoreline. >>> the last remnants of the old bay bridge won't be demolished after all. instead, four of the six piers will be installed along the oakland shoreline. the project will feature outdoor classrooms and access to the bay for small boats and kayaks. >>> caltrans most recently imploded piers on the old eastern span in november of last year. the state will reportedly save millions by not demolishing the remaining piers. the new project is scheduled to be completed in december. >>> the tech world is buzzing. >> hello. >> yeah. >> hello. the tech world is buzzing about artificial intelligence but there are new concerns that as machines become more human, kpix 5 kiet do introduces us to the first robotic citizen who watches, listens and learns

tax reform spots the tech giants move to cough up what could be the biggest payment of profits for patrick headed from overseas. and a chinese surprise the world's number two economy defies expectations with its first annual growth spurt in years is the done at dr it.

according to cb insights participatio in health care equity deals by the ten largest u.s. techompanies has increased ten-fold in the last five years to nearly $3 billion last year. some of those deals include amazon's participation in a financing roun guardrai. apple acquired bedit and alphabet bought a health monitoring start-up. their efforts are bigger than just those deals. alphabet has been expanding its unit dedicated to life sciences. apple has health kit while amazon is quietly moving in for the moment and facebook is making it easier for pharma to advertise. healt executives themselves are thinking about disruption and innovation in terms of technology. biogen ceo says the biotech industry needs to take the lead in changes and be what he calls the tesla of the industry and set new models. >> we need to bring this industry closer to the consumer, closer to the patients. we are meant to provide support to the patient who is sick, not to take advathose. >> reporter: some analysts say the road ahead for tech and health care won't be without bumps as they learn to understan

the quiet forest. former ceo networks and 1440 foundation founder, scott kriens, has built his career in tech. >> i wouldn't claim i have solved anything. but i'm a whole lot more aware than i was when it was head down, hampster wheel. >> 29-year-old ben wiener knows that kind overstress. >> the valley, there's a hustle. >> reporter: then co-founded a start-up in ohio and moved to silicon valley two years ago. >> you know, looking for a place to kind of step back, come back to earth. >> reporter: a part of that means eating the precious foods. >> we try to take the concepts of local plant base and kind of influence it through the food. >> reporter: he showed me how to make a vegan poke bowl. >> this is not fish. if you pick it up, it's got the same granules as you would see in the salmon or tuna. >> reporter: room rates could cost up to $340 per night. classes could vary widely. 1440 wants guests to leave recharged, and it is not anti- tech. >> are you foror against technology? i say i'm for awareness. >> reporter: he teaches on the power of being present. >> we see a lot of people from the tech world. for

going to talk exclusively with the company's ceo >> and addicted to apple two major investors urging the tech giant to take action against iphone addiction amongst kids we'll tell you why >> nvidia making a big bet on driverless cars. teaming up with uber and vw. we have the details. >> markets mixed after hitting record highs in the first week of the year. will 2018 continue the record run we saw in '17. brian jacobson is wells fargo multiasset strategist. peter is a chief strategist. good to see you both it sounds like you have been paying attention to some of these names trading well above their 200-day trading averages

forentertainment industry the tech industry? >> both. derstand the consequences of not having that access for consumers. the choices made by those who have money, who we empower, then middle, the middle class, are the biggest losers because they don't have the to try toleverage attract the business their way. a crumbs. left with you'll have different speeds of internet service. in'll have different choices the types of media that you can look at or watch. yourkids can you imagine kids if they use the internet to do their homework. there will be kids who have they needeverything on the internet to do good work and excel in school. numbers ofbe vast kids who can't afford that. therefore they will be behind. in conversation with any internet service providers in the state of california? that thisotified them will be the action you'll be taking? a i've been working with number of the internet service providers and those in the overall formunity last year that i've been the attorney general. california has been moving to do what it can to make

the biggest tech show on earth kicks off. ggest leader in 2017 that would have been the nasdaq, indices. leading major indices last year. lifting nasdaq to another record high this year. amazon and google are at a steel cage death match for virtual a assistant accessories. who will be the big winner of ces this year and the losers? kevin kelly, managing partner, kelly and company. i'm always excited about this. when trend emerges 3d tv. i have been covering this thing 10 years. i'm hearing virtual assistant and ecosystem around it. who wins? >> that is huge. amazon will be the big winner is amazon and biggest detriment to google. it has to do with addressable market and data analytics around that. what i'm talking about the echo that goes in people's households powered by alexa. alexa, buy me this, alexa, buy me that. you can use alexa to buy at whole foods now. advertising dollars fuel google's revenues and they are -- liz: google's assistant, that steel cage death match. apple siri goes into the pod. apple doesn't come to th

down, tim seymour and steve grasso when it comes to the tech giants, what's your favorite play >> well, i think it's a tale of two camps with facebook and certainly with apple underperforming and google really and amazon have been through the roof amazon hasn't been this overbought in the numbers for a decade, believe it or not. it's amazon we're talking about. google and facebook to me are the easiest buys based upon valuation. in google's case and facebook's case, tremendous ad growth, 65% to 70% of the ad market. facebook's ad growth is growing at about 41% this is roughly a 25 times 2019 multiple at $9 a share so at this phase of a market where people are concerned, expectations are very low on facebook i actually think that's a very interesting call, and google to me is executing on all cylinders, but they have been rallying hard. >> steve, what's your play here? >> so just to push back a little bit on facebook, i think whenever you tweak with that news feed, there's a lot left to the unknown. it accounts for 85% of the revenue for facebook, any tweak

vonnie: coming up, counting down to the tech earnings. bloomberg. ♪ ♪ mark: live from london, i am mark barton. vonnie: in new york, i am vonnie quinn and this is the european close on bloomberg markets. the stock of the hour, broadcom is topping higher on a bullish announcement. they are known as an apple supplier, 20% of revenue comes from apple. they put up a bullish statement that they expect the fiscal first quarter that in today -- in today is better than expected . it tells us that the company is not out there scrambling on the last day of the quarter to get deals done or compromising on pricing. we put this with the earnings function in the bloomberg. the company has been tracking well into the quarter. this is a three-year chart. white is the stock and red is the street estimate for the first quarter which had been for 95to write around and now -- 495. destocked taking a -- the stock taking a dip today. a relief. precursor for a positive read through for apple who has seen its shares decline? question. a big interesting the idea t