if uber continues the growth that it has exhibited so far and continues to broaden what it does, uberats is a fascinating idea, doing really well. i think there is a really exciting pass -- path ahead for uber, but it has a lot to clean up. so, i won't comment on the values today, but i think, if it has the success that we believe it can under dara, success may surprise us all. emily: interesting that you mention uber eats. what do think the potential is there? jim: i think the question of local delivery, starting with food, packages, etc., is a truly interesting issue. you see amazon struggling with it. you see retailers struggling with it. once you get a network effect, what could you deliver? oddly enough, the delivery of people may be the most difficult thing. that is where uber started. maybe there is more we can deliver in more markets around the world. emily: what do you think travis kalanick's role should be at the company? jim: i think the board will decide that. emily: so, he is on the board. some people think he should not be on the board at all. jim: i think the board and

one of uber's investors announced its suing uber over the alleged theft of trade secrets. round out the year, uber lost its london license, was ruled a transportation service rather than a digital one in the e.u., and continues to face mounting legal battles from all over the globe. but uber is trying to turn the corner. with new ceo dara khosrowshahi bringing in new legal heads and a coo as they tried to right the ship. she has been on an apology tour, meeting with angry regulators worldwide in bringing uber's skeletons out of the closet, such as the massive hack of over 57 million accounts that have been covered up for more than a year. so how did uber's business fare in 2017? well, it grew. gross bookings could reach $37 billion for the year. that is up from $20 billion in 2016. still, the company lost a massive amount of money. the year's losses could reach over $4 billion. so what is on khosrowshahi's to do list in 2018? a new cfo, a new board chair, and new directors. and don't forget, cutting losses and reducing redundancy. but the legal matters loom largest. uber a

the gig economy model like uber relies on workers they can exploit, in the case of uber, i was workings are stuck working due to desperation. finance, insurance, licence fees and the list goes on. we have sweated labour, and workers feel exploited on the streets of london today. gareth, do you see yourself as self—employed or as a worker? i view myself as self—employed, because that is what i signed up to. that is what you are told. it is kind of extreme that drivers are being exploited. i mean, you could say, we are all exploited when we do a job. but one thing i don't feel exploited about is working nine to five. it is that desire for flexibility that runs this gig economy, and uber is the embodiment of that gig economy. uber is the poster child for the gig economy. it is the biggest company by far, last time someone bought a share in it, it was worth $68 billion. i think there is a wider question here, which is, what does the uberisation of the economy mean? the chancellor tried to future—proof the economy against the growth of the gig economy. he tried to increase the national insu

i'm a little mixed because at uber there's been a ton of leaks of what's happening at uber.hat's not necessarily a great way to run a company if i step back, the leaks, the susan fowler exposure, it not only started a real cultural change that was painful for uber but incredibly positive. the leaks led uber to finally understand they had to make the changes it's making as a company to break from the past and go forward as a company that does the right thing. and the press played a very, very big part in it. so i'm hoping that the press can be a big part of the solution going forward. >> i would add, building on the point about the pace of change, how do you have regulation that keeps up, there's one strong example in place now that's the eu code of conduct. setting a standard, making it clear what's expected. that's what should be the rallying point we need individually and collectively to be investing to ensure that kind of experience >> one thing that's interesting and quite disappointing is that a lot of regulation is calling for transparency you hear this a lot. you hear

emily: who at uber knew about these programs?a: in the beginning, it was designed by the tech department and then it was moved to security. it was also in partnership with the legal department. we understand employees felt uncomfortable with it. there was a lot of gray area about when they could and could not use this panic button. the two people who oversaw the project have left the company. emily: on that note, is this something that should continue to exist at uber in light of their continuing struggles and for countries? >> this was a long time ago now. era, 2015 in the tech is ancient. my phonean wipe remotely. if someone gets a hold of it, so we are talking about uber's ability to detect data. where you ride is a business and government should not get its hands on. emily: what are you hearing from the uber community and employees about the shares? >> end of the month is when it is expected to close and it is wonderful that travis decided to participate as well. had he not, a lot of employees probably would not have. what do

he agreed to give him uber stock. uber's lawyers objected to that. he ended up making a privateer payment. enough, after he had gotten removed as ceo but still involved in the company, there was some sense that maybe the media will report on this. asked uber head of security to look at e-mails leakinge who might be this story. precipitating event that led in part to the entire member executive leadership team writing a letter to the membersking board travis in particular to step out day-to-day. carol: turning trouble into uber was design of director crisp >> there was no photos of him doing these things. hired this illustrator to do kind of couple of of these different scenes. is the most sort of visually him on his knees after watched this video of him arguing with this uber driver. it's a different cover for you guys. i'm thinking it's a photograph of different things and lot of type. there's a lot of white space. wanted to to be resting. we used a topography to zero in and have these events. carol: is it the company's ultimately it turned out to b

another tweet, in other news, my uber driver was drunk last night and this drunk uber driver had the audacity to pick us up. i'm irate. now a judge has ordered uber to turn over the complaints that came to the company, too, and reveal what uber did about them. >> he was impaired to the point when the officer asked him where he was like physically on the planet, he wasn't really sure. >> in 2016 robert wayne was pulled over by police in southern california on suspicion of dui. beer cans were found in his car and he blew a 0.25, more than three times the legal limit for alcohol, but robert wayne wasn't any driver. >> turns out that driver drives for uber and was on his way to pick up a fare. >> robert told police he had completed three fares and was on his way to pick up a fourth. when asked about this, uber issued a statement. "we have a zero tolerance policy for alcohol or drug use for anyone driving on the uber platform," but do they really have a zero tolerance policy? according to documents submitted to the public utilities commission, between august, 2014 and august, 2015, in cal

uber was in a war for its life. they were defending information drivers and riders. >> we've also seen workable was basically stealing data to protect themselves in the united states. -- >> i think we are talking about phone governments who are losing -- using their authority inappropriately. ?> what it does mean there have been a lot of skeletons in the closet. there could be more to come. whether this would be described as a skeleton is debatable. >> i think an important point to keep in mind is there is a new guard and the same thing that helped the company grow so things are also the causing problems now and it sounds to me uber's new seo is making an effort to make sure the programs don't exist. >> who are uber knew about these programs. >> in the beginning, it was designed by the tech department and then it was moved to security. we understand employs that worked on the program felt comfortable with it and we understand there was a lot of gray area about when they could and could not use the panic button. >> o

drivers uber cars, right we need a lot for the uber drivers, why can't we have that if it is some kind of a union thing. >> they did that at dnc uber lounge to go meet. >> can we get that figured out by sunday, thank you. >> um-hmm. >> the second thing is i hear on the uber app there is a way to suggest -- >> not yet people are calling for this. >> i started this. you can punch a button, and before you get in the car you tell the driver that you really are not in a chaty mood so do you not have to talk. >> which for you would be every ride. >> perhaps. pretty much. el: broke, homeless, selling my body to get high, locked up, a slave to heroin - that was my life. married, a homeowner a professional, recovering and thriving - that's my life now. i got help. you can too. new years means a new day for those struggling with addiction. don't suffer. don't wait. choose help. call 844 reachnj or visit reachnj.gov >>> well lauren and jared just driving around, checking out the highways and biways of pennsylvania. man, it will be a interesting 24 hearst with the weather. >>> all right. >> this s

he came to uber.only lasted a couple of months, but he decided to do some marketing surveys to see what the perception of the company was. carol: and uber had never done this. brad: of course not, that was way too conventional. julia: of course, some were voicing slight concerns. others had no concerns whatsoever. brad: of course. travis kalanick, the cofounder and ceo, felt pretty secure in his aggressive approach, but jeff conducted some polling research and they found that the more people knew about uber, about how it was run and who was running it, the less favorable a perception they had. so this meeting where eric newcomer and i start our story in businessweek this week is all about the meeting where they were talking about this. the question is, did uber have a pr problem or did it have a how the company was run problem? julia: a culture problem. brad: exactly, a culture problem. and this was before all of this stuff happened, they they were debating that. ironically, bloomberg and my colleague

travis never wanted to admit that uber had a cultural problem. he said uber had a pr problem. right out and said that uber behaved poorly. there are so many governments around the world that uber alienated. he's gone on a listening tour, being the diplomat that travis never wanted to be. vonnie: can uber worked long-term as it did the first couple of years? >> of course. almost any service can have an app now. >> it's a question evaluation. -- of valuation. softbank did a deal that was partly at that valuation and partly at a very large discount. uber's future in self driving cars is a question. they have to make a profit. they are losing a lot of money. vonnie: what is next for travis kalanick? >> i actually don't know. right now, he is taking his board response ability seriously. that's responsibility seriously. he is an entrepreneur. i think he will be back. vonnie: our thanks to brad stone. we have some breaking news out of the senate. the senate has a vote on the pfizer program -- the fisa program. that program will continue. we are talking about the foreign intelligence

it was a tough year in 2017 for uber and this story breaks it down.vision up next. ♪ we use our phones and computers the same way these days. so why do we pay to have a phone connected when we're already paying for internet? shouldn't it all just be one thing? that's why xfinity mobile comes with your internet. you can get 5 lines of talk and text included at no extra cost. so all you pay for is data. choose by the gig or unlimited. and ask how to get a $150 prepaid card when you buy a new lg x charge. it's a new kind of network designed to save you money. call, visit, or go to xfinitymobile.com >> i'm selina wang denver emily chang, and this is the "best of bloomberg technology." big tech spec on top of the hill, and this time, it is all about fighting online extreme wisdom -- online extremism. of where it will build its headquarters.

ceoy: that was the uber speaking in davos.re coverage, along with tests from davos, this wednesday on bloomberg. for bloomberg technology. we are live streaming on twitter. check us out weekdays. that is all for now. this is bloomberg. ♪ retail. under pressure like never before. and its connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. >> the following is a paid program. the opinions and views don't throw collect -- reflect bloomberg, its affiliates or its employees. >> the following is paid for and furnished by hair club. the station is not responsible for claims made in the following program. >> whether you have receding hair, thinning hair or advanced hair loss, it is a harsh reality. to yours adds

uber had found that people had a good impression of uber if they had never heard of travis kalanick,y heard of him, that is when they had a negative view. it was pulled out, and on the floor, squirming area saying, this is bad, i am terrible. was a jarring moment for he wasves are felt like essential to the company's image problem. >> we are to take on the show. when dara first and read travis, it seemed like travis was still in charge. was this situation now? how does he distance himself? >> an executive committee was supposed to run the company, but travis was trying to recruit the new ceo, and he called them to some meetings -- and i won't point was talking about a potential shareholder vote to see what type of support he had. i think it has pared back. deals offered 50% of his is part of the softbank deal. today he should be a real billionaire, not a paper billionaire. sold $1.4 billion, so he is now stepping away and are up is taking over the oxygen. company. dara'ss >> what is the turnaround strategy? >> they were a rule breaking company breaking through the taxi company, so no

uber vuelve a titulares en su contra!eta. javier: josÉ chÁvez de 26 iban caminando a casa luego de una fiesta navideÑa y uber dijo que tienen una polÍtica clara de no discriminaciÓn y que estÁn investigando este incidente. ahÍ tenemos parte de este comunicado que han dejado. eileen: josÉ chÁvez precisamente esta junto a su pareja vÍa skype gracias a los dos por acompaÑarnos y nos gustarÍa que nos contaras exactamente que les digo el conductor. ♪ >> el conductor nos dijo en uber no se acepta besarse, no pueden tocarse. no podemos seguir con el viaje y vamos a tener que dejarlos. nosotros no quisimos pelear con Él asÍ que nos bajamos y nos dejo abandonados. javier: ustedes como pareja piensan demandar la compaÑÍa directamente o hacer algo mÁspara enmendar el error. >> por el momento no tenemos demandar en mente, solamente queremos que la gente sepa que todavÍa existe discriminaciÓn y que no queremos que nadie mÁs pase por algo asÍ. solamente queremos que la gente sepa que no es justo. eileen: uber se ha tratado de comunicar

how has uber responded to this story? olivia: uber sees this as within their rights.y felt the authorities were going on a fishing expedition and had really broad warrants and they thought that they have the right to protect not only their information but also really sensitive information about their customers. the company released a statement in which they said the reason was tore shut down protect customer data and that is how they see it. everywhereit illegal or would this be acceptable practice? olivia: you would have to talk to a lawyer about that. fully understand is that there -- there is a real patchwork of different laws around the world about this issue and we understand that the people working closely with the product felt very uncomfortable with it and it was right up against the line if not crossing the line in some cases. we do understand that uber's legal team solve the product -- oversaw the project at one point and felt comfortable with it. mark: i suppose ripley's existence gives officials looking into other uber incidents reason to wonder what they

uber, in australia?ralia? in over 100 cities in india and has 125 million customer base. 125 million customer base. it's been able to lead the sector. able to lead the sector. and bikes, this good work in australia. australia. different, as you rightly pointed out. out. 0la had an advantage over uber. against them and also taxify, present in australia. present in australia. that's the japanese investor softbank. softbank. the competition leads to greater customer base. ola versus uber in australia. australia. forward to that tough competition in the country. the country. the 3% jump in its fourth—quarter net profit. net profit. the company posted profitability of $11. profitability of $11. mainly driven by demand for its memory chips and display panels. memory chips and display panels. more than 8% after it unveiled a massive 50 to one stock split. massive 50 to one stock split. currencies and initial coin offerings. offerings. misleading or deceptive promotional practices. practices. being kept broad an

. >>> coming up next can this woman save uber's image. you know what uber has gone through.w the sexual harassment within the company and sexual assault by some of the drivers, the ceo ousted. this is the woman. by the way, she's from ghana. well, she says she owes it to the women of uber to right the ship, next. a whole new concept in skin say heldefense.e-tox! new absolutely ageless®... ...pre-tox day mask from aveeno®. its' powerful anti-oxidant formula... ...fights pollution and keeps skin looking younger, longer. aveeno®. like you do sometimes, grandpa? and puffed... well, when you have copd, it can be hard to breathe. it can be hard to get air out, which can make it hard to get air in. so i talked to my doctor. she said... symbicort could help you breathe better, starting within 5 minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. symbicort helps provide significant improvement of your lung function. symbicort is for copd, including chronic bronchitis and emphysema. it should not be taken more than twice a day. symbicort contains formoterol. medic

i would look at uber very much as a global brand. that said, we are going to look at all opportunities but if this point, we are leaning forward. 2018 will be a lean forward year for the company. john: i am not trying to create more boardroom tension, but it would appear that softbank is idea. on a different dara: softbank is an important shareholder, our largest. many of our shareholders have opinions over what is the right thing to do. the governance of the company will be at the board, and we will have those discussions at the board and set our long-term strategy and acute. john: -- execute. john: one of the things that uber played a role in is the sexual harassment question and everything to do with that. do you think you have sold that part of the culture? d think that this time this is a real revolution and it will stick? dara: i think that what was happening at cooper was serious -- uber was serious. what uberat while, , thishrough was difficult was probably one of the best things that happened and it started a movement that i

todo indica que el hombre usaba su acceso a uber para monitorear dÓnde se requerÍa un transporte perol nombre de bruno dÍaz. irÓnicamente el mismo nombre de la identidad secreta del personaje ficticio man en algunos paÍses de latinoamÉrica, y su clave de usuario era murciÉlago. de ser encontrado culpable de enfrentar la sentencia de cÁrcel de por vida. arantxa: las autoridades venezolanas tiene mejor esto a un hombre conocido como el lobo feroz que abusÓ durante mÁs de una dÉcada de cientos de miles de edad. juan carlos sÁnchez grababa las agresiones sexuales y despuÉs comercializaba sus vÍdeos. ahora su custodia la disputa en tres paÍses. mÉxico, colombia y venezuela. reportero: este es juan carlos sÁnchez latorre conocido como el lobo feroz. un ingeniero de sistemas colombiano con temible rÉcord de casos de pornografÍa y abusos de menores. >> la cifra que tenemos son 1400 imÁgenes asociadas a 276 eventos. reportero: al hablar de eventos se refiere a abusos, pero esa cifra podrÍa ser mayor es el criminal llevaba aÑos abusando de niÑos y niÑas a quienes engaÑaba con helados y postres

ahead, the catch up with thrive global ceo and uber board huffington.na what she has to say about uber plan and me too movement. this is bloomberg. selina: chinese video site is trying to raise money at a $17 million valuization. they're targeting about billion dollars of financing as it expand video streaming service. platformny is a video to instagram and parascope. beennal agreements has reached and the details of the change.ld still arianna huffington just launched the amill to those with sung note 8. the thrive host to offer way to with technology so you can connect deeply with emily chang others sat down with huffington. >> you would have thought we wouldn't need an app. there's been so much writing months howst few become.e technology has ,ow social media companies machine lenses and likes and social feedback loops hooked.us the app is like a coach, a guide ourelp us recalibrate relationship with our phone. two most important features is directional. if you are in thrive mode because let's say you're having with your family and text you, i get a text back that drive mode is in u

she's an uber driver. >> they call me the uber queen. >> reporter: tonight. she let us tag along. >> i'm open to requests. >> reporter: on nights when you taent feel your face or fingers. she goes the extra mile in between uber rides. she offers to give the homeless rides to shelters or motel. >> i will go and search for the people. >> reporter: she does it free of charge. >> i feel like i have extra compassion. and you wouldn't believe the amount of homeless people there will. >> reporter: between january 2015 and 2016 homelessness in bucks county rose 9%. the housing group says the average age of a homeless person is nine years old. >> it's very cold. you can imagine what it's like for someone who has no roof over their head. >> it started when she was giving away her uber tips to homeless. she realized she could do more. she used a car to drive them around. >> it's a great out let. >> reporter: since last year. she's helped countless people and formed frnd ships. she shared photographs. a man she met outside a walmart. she drove him to get a haircut. and a

we're both customers of the uber app, the list app. and yet we're being treated like we are expensable, replaceable. >> reporter: uber is telling us tonight they have been talking with the driver and they plan to work with the police when and if a police report is filed. reporting live on treasurer island, i'm cheryl hurd. >>> also new at 11:00, a san jose man is in jail tonight accused of using snapchat to meet teenage girls and then sexually assault them. he police say on two occasions he invited a 13-year-old and a 14-year-old over to his house and told them he was 17. when the girls got there, police say he gave them alcohol and pot and attacked them. >>> a chain of events played out in san ramÓn. a house is boarded up and the driver is facing several charges after police say he drove into the home. it started after police pulled him over for speeding. police said they made a run for it. the ellen tear school was put on lock down for an hour. the neighbor across the street said speeding cars make him nervous. >> there are kids ther

uber's secret tools. we'll bring you that scoop next. bloomberg. ♪ >> this is "bloomberg markets." i am shery ahn. >> and i am vonnie quinn. the stoxx come at the highest since december of last year, 2016. there's so much positive news, with the positive holiday season. upgrade, and positive this holiday season because they're are likely to return to double digits earnings growth faster than pretty slick anticipated. the turnaround plan is working. and has been a wild since this company has seen double digits in earnings. this is a great way to get a quick snapshot for a company with the financials. want to focus in on here on the earnings-per-share. we're looking at the current year -- returns of nearly 6% over the year. in 2016 there was a brief double-digit, but to find true double earnings growth, you will have to go back to 2010, 2011, 2012. they want to return to that previous. period. >> making headlines today, more retailers, walmart raising their minimum hourly rates -- wage to $11. they actually raise their minimum wage of sept

uber has been losing billions of dollars a year.mickelthwait spoke to uber's ceo at the world economic forum. take a listen. the core business the , ridesharing business can be profitable within three years. we will continue to make very aggressive investments in building autonomy, because that is a terrific opportunity for building new technologies, such as uber elevate, where near-term profitability is not a goal, but long-term growth is. we will look at the balance of near-term profitability, but as a company, we will always be a company that takes big risks. john: to what extent do you think that drive towards profitability is against this culture change? you talk about making money, but not at all costs. are these two things against each other? dara: i don't think that profitability and culture are the issue. the company, in the past, was willing to make trade-offs as it related to how it did business. i think it was guilty of hubris, was guilty of thinking they knew better than others, and i think that what we know now clearly

uber says it will be inexpensive.nk it is-- about five to 10 years away. >> what do these remarks can find about his long-term view of uber's business? >> getting the skeletons out of the closet. we've got some breathing room. he talked about expanding in germany. clearly a different note there, but i think the fact he is still talking about comes cars shows he still has a vision. he is still trying to push uber into the next revolution. >> how does this fit into the self driving concept that travis kalanick started? >> these are transportation options and i think it seems to me economist cars maybe below bit closer. it is like the future of transportation. >> he will be speaking later this week. chores is making over tour regulators. given the difficulties, how important is this trip for him? >> i think it is big. they are still recovering and the more he can get out of there , the more he can talk about expanding in conjunction with regulators. these are all good things for over -- uber. >> do we have any sense of w

plus, uber board member arianna huffington. what she has to say about a potential uber ipo.berg. ♪ ♪ selina: a story we are watching surveymonkey is said to be , accelerating conversations with bankers to go public later this year. the company is expected to be closely watching how other tech companies sure the market. other sources added that surveymonkey is considering making a last-minute bolt on acquisition of another company to enhance its value. a group of 22 state attorney generals and public interest groups are suing the fcc over its net neutrality decision. this is the latest motion in the ongoing battle over the future of the internet. vonnie quinn spoke with one of the attorney general's leading the fight against the fcc. >> it is the beginning of what i hope is a fight we can win, because if we can't, then that means a lot of people in this country will no longer have access to that internet the way they have expected it. we all want the freedom to choose. if you get rid of net neutrality, all of a sudden you go towards a system where the haves will have it all.

he owns 10% of uber. there will be a new ceo at neiman marcus. named the former ralph lauren executive to succeed their previous ceo, who retires next month. neiman marcus has posted losses by billions of dollars -- who is way down by billions of dollars worth of debt. let's look at this, still ahead, apple says chip security flaws are impacting all iphones, ipads and imacs. will it affect their stock? that is next. have a look at european stocks today. we are up for a third consecutive they. stock unaffected the u.s. jobs report, zero stoxx 50 is gaining and the stoxx 600 up by two thirds of 1% and the ftse holding to a small gain. it is the second weekly gain in three. cac 40 up by .68 and inflation data out of the eurozone but not enough to inspire want to believe the ecb is close to achieving its inflation mandate. this is bloomberg. ♪ is this a phone? or a little internet machine? it makes you wonder: shouldn't we get our phones and internet from the same company? that's why xfinity mobile comes with your internet. you get up to 5 lines of t

un portavoz de uber calificÓ de horroroso el reporte de la policÍa sseÑalando que estÁ trabajando enicio de forma independiente cobrando menos. para su pago estableciÓ una cuenta bajo el nombre de bruno dÍaz. en su primera presentaciÓn de la corte, alfonso nÚÑez se declarÓ no culpable de los cargos que se le acusa pero se le fijÓ una fianza de 1 millón 300,000 dÓlares para salir en libertad. de ser encontrado culpable puede enfrentar la sentencia de cÁrcel de por vida. ilia: a pesar de que california es un estado santuario y de que por ley las autoridades locales no puede colaborar con agentes federales migratorias, la comunidad inmigrante sigue preparÁndose para enfrentar las polÍticas antiinmigrantes de la administraciÓn trump. juan carlos gonzÁlez nos explica en quÉ consiste la red de respuesta rÁpida que entrena a los iindocumentados para saber quÉ hacer si los sorprende una redada de ice. >> queremos elementos para defendernos. juan: los asistentes a este curso ponen mmucha atenciÓn a cada detalle. toman apuntes y hacen preguntas. >> nuestra comunidad estÁ siendo amenazada por l

we reached out to uber.y responded with a statement saying, quote, what's been described as unacceptable and not tolerated on the uber app, we take reports like this seriously, and the rider has not had access to the uber app since the incident was reported to us. >>> now to the stunning photos that have triggered an investigation. raw meat uncovered, draped across a shopping cart being delivered to a local grocery store. we have photos taken by a customer. it happened at the 99 ranch in san jose. shopping carts full of raw meat. you can see there, being taken into the front doors of the asian-american chain's location on who have stetter road. the customer posted the photos on to social media, and 99 ranch has since apologized for the incident. they tell nbc bay area, the people in the picture pushing the meat are not their employees. instead they work for the meat vendor they use to stock their butcher's department. >>> coming up this morning on today in the bay, a family's emotional plea for the return of

uber found that people had a pretty good impression of uber, if they had not heard of travis. heard of him, it's negative. at that point he got pulled out of the meeting, he was on the floor squirming, saying "this is bad." it was a jarring moment for executives where they realized he was central to their image problem. selina: we aired that tape on this show, actually. you had a really interesting detail about the new ceo, and when travis first interviewed him in seattle. in, he said that it seemed like travis was still in charge. how has he distanced himself? reporter: there was a period when an executive committee was supposed to be running the company, but travis was helping to recruit the new ceo. he was still calling into meetings. at one point, he was talking about a potential shareholder vote, counting to see what kind of support he had. i think that has really been pared back. travis offered up 50% of his shares he had to sell 29%. he's a real billionaire. no longer a paper billionaire. he sold $1.4 billion. now he is really stepping away and the new ceo is taking up

era solo la tercera semana que alex trabajaba como conductor de uber.arro. -----take sot----- cg: alex bermdez. conductor herido tc: 04 09 12 "cuando me llevaban al hospital general ya lo tenian en el carro, estaba ahi a mitad de la calle, " el hombre identificado como deveon wilson fue arrestado poco despues. el enfrenta multiples cargos.. se desconoce si el supuesto responsable fue el que inicialmente pidio el transporte. ----take sot---- cg: alex bermdez. conductor herido tc: 00 28 29 "lamentablemente esto paso. le doy gracias a dios que estoy vivo." alex cree que su error fue no ponerle llave a las puertas. simplemente no se lo esperaba..nos dijo que la compania uber prometi darle mil dolares para la cuenta del hospital y aun no se siente seguro para volver a trabajar. ----take sot----- cg: tc: "si las cosas siguen asi, si no cambian, no se si lo voy a volver hacer otra vez." ---autoridades del norte de california buscan acabar con una serie de incidentes racistas que comenzaron en septiembre cuando una mujer hall una nota en su saln ubicado en ''el

we reached out to uber. they responded with this statement saying, quote, what's been described as an unacceptable and not tolerated on the uber app, we take reports like this seriously, and trider has not had access to the uber app since the incident was reported to us. >>> now to stomach-churning photos that have triggered an investigation. uncovered raw meat overflowing out of a shopping cart being delivered to a local grocery store. we have a photo taken by a customer of the 99 ranch market in san jose. you can see a man pushing a shopping cart full of pink, raw meat into the front doors of the asian-american grocery store chain's location on hostetter road. the customer was on her way to shop at 99 ranch when she snapped that photo, which she later posted to social media. >> that's pretty crazy to see. i am wondering what they're thinking. it's pretty crazy. >> it's placed on a cart, distributed straight to their door like that. there's no way that has any equivalence to any freshness here. >> after our

so police would show up at the uber offices and uber designed a program, which was essentially a panichut down all the computers in the offices so they wouldn't be opened by law enforcement at that time. carol: is that ok legally? i'm sure there are lots of companies out there with delicate information, that unless there is a warrant or just cause, they want to protect that information. olivia: there are different views on whether it's legal and there is a patchwork of legal framework in europe and africa and parts of the middle east, and every country has a different rule. we understand that some tech companies do have these panic buttons. what is remarkable in the case of uber is how frequently it was used and how frequently the company's offices were raided abroad. julia: just explain how this works. if the raid took place in brussels, for example, how does the person in brussels in headquarters there correspond with head office? was this something that operated out of the overall hq in san francisco? how did it work? bolivia: we understand that about two dozen times that the button

uber -- fatigue and exhaustion.orkers will be prevented from logging into the app during rest periods. speaking of sleep and uber, coming up, we catch up with uber board member and drive ceo arianna huffington. what she has to say about a potential uber ipo. this is bloomberg. ♪ emily: a story we are watching -- all 49 democratic senators have signed onto a measure regarding the gutting of obama-era internet neutrality rules. the protections sparred broadband providers like comcast or verizon from locking or slowing web content to favor their own content. the fcc said other agencies could police corporate behavior. we will speak about their decision to file suit on the show tomorrow. arianna huffington's thrive foral just launched an app eight two a samsung connect more deeply with yourself and others. we kicked it off with the thrive app and asked why we need a app to set . boundaries. >> you would have thought we would not need it, but there has been so much writing over the last few months about how addictive tec

at one point it was said they would invest in the uber rival, lift, if the deal fell through.urt uber‘s reputation, they were pushing for more reforms. all of this has been agreed and uber will create some additional board seats and also do something quite interesting, eliminating super voting stock rights. these are held by early employees and backers of the company and it also means early backers like travis kalanick will no longer have a significant say in how the company is run. we also seen reports that the new owners, softbank, wanted to focus on the us and european market and avoid costly battles for the market share in india and southeast asia. thanks leisha. staying in the region where asian markets mostly rose on friday, edging up to record highs, after another positive week across trading floors but, as we saw in hong kong, investors‘ appetite was being tested by profit—taking and worries about a possible us government shutdown. wall street came off record highs to end lower as washington lawmakers bicker over that federalfunding deal. china's announcement of faster

uber ceo ise former selling some of his stake in the ridesharing startup. and a sensation over the last couple of weeks, can the company strike while the iron is hot with investors. the first ever pair of augmented reality glasses connected to alexa will be unveiled next week. pairing up with the glasses developer to manufacture the device. in a statement the tech giant says it is excited about the possibility of bringing services to customers in a new way. intel ceo sent me the first keynote and as we have been reporting a flaw in the design of electronic chips was revealed earlier this week impacting nearly every single digital device crated since 1995. joining us is the man who broke the story about the amazon glasses. mark, what will the glasses be able to do? what will they look like, etc.? mark: this is what we have been talking about for years now, augmented reality glasses. i can see what is in front of me in the real world and a digital len putting information into my view. it will have a alexa bilton, so i can say alexa, what is the weather and it

is that what we don't see uber using this as much anymore? i think uber has changed its tactics somewhat, locking down particular encrypted files, and having a functional desktop. i think to a large degree, the company seems to believe this is sort of a reasonable response. are probably they alone here. i think is particularly interesting in light of the fact that there are some legal questions at over. if polices to wonder had been able to more readily obtain information when they were rating uber's offices, with eight have been able to get any information about any of the sort of ongoing investigations? locked down that a their computers, we talked to experts who say there are definitely other companies taking similar moves, to secure their computers from police with warrants that my just allowed that -- that might just allow them to raid offices but not any particular files. joe: was there any particular raid that people were supposed to let headquarters know about this, or with the call on the ground were employees made the decision wheth

uberand uber and softbank finally reach a deal. the japanese firm is then largest stakeholder in the firm now. and is president trump following through on his promise to bring jobs back to the us as he wraps up his first year in office? welcome to asia business report. the deal is finally sealed. a group of investors led by the japanese firm softbank is taking a large stake in uber. the arrangement will make the ridesharing compa ny‘s co—founder arrangement will make the ridesharing company's co—founder and ceo of very rich man. earlier i asked our north american technology reporter why it had taken so long to get a deal. there were a number of moving parts. on the one hand we had uber‘s continuing controversies about information breaches, sexism and various lawsuits they were involved in and there was a lot to work through when it came to the nature of the deal. for example, softbank group and the investors in the deal or the shares from existing employees and investors at uber and also as part of the deal they negotiated two boar

. >> thank you >>> when we come back, uber's ex-chief will add $1.4 billion to his bank account as heo sell a third of his stake in the company. >>> the move to legalize marijuana hits a snag at the federal level. the mayor of berkley will join us with his take >>> and hollywood's award season kicks off this season. two things in focus, the rise of netflix and sexual harassment. what to watch out for when "squawk alley" comes back. it releases a cooling sensation in your mouth and throat. zantac works in as little as 30 minutes. nexium can take 24 hours. try cool mint zantac. no pill relieves heartburn faster. >>> snap shares are down this morning after a report found that 96% of ad buyers would prefer to advertise on facebook's platform, instagram, over snapchat. for more, senior internet analyst john blackledge, as well as scott divot guys, good to see you both john, it was a heck of a report. i just wonder, is the enthusiasm among ad buyers for this platform getting worse, or plateauing at this low level, getting better, what >> yeah, i mean, so we surveyed 50 senior u.s. ad buyers