we will be talking to ursula burns about all this.y does raise some questions about how this got this way. obviously carl icahn is behind this. he'll get three board seats on one of these companies. we'll speak with ursula burns about how this deal transpired in a little bit. >> so where can i buy this? how many places? >> you can buy it on deathwishcoffee.com, amazon.com. >> is there going to be another way? >> we're going to hopefully get him a new big retailer. i'd love to see this in a target, whole foods, a walmart would be a great home. major retailer. this would be perfect. >> do you have to put all the stuff in the store before the super bowl? is this all online? >> we're going to kind of build this as he goes. right now it's going to be online in a few small retailers. i think after february 7th, we're going to make the rounds and hopefully see this in major retailers across the country. >> you talked about donald trump last time you were here. i was reading something. who was the guy down in washington that said -- oh, it wa

ursula burns will join us at 1:00 p.m. in london.oil prices coming up in just a moment. ♪ michael: welcome back to "bloomberg surveillance." time for a forex report. there is a currency war underway. forex, youedition of can see the yen getting weaker after the bank of japan goes to negative interest rates. much weaker against the euro, and a not-on effect, the korean won getting weaker, as is the 4.1%sian ringgit, down today. vonnie: let's get back to the breaking news on xerox. we got earnings, and the announcement that they are separating into two public companies. carl icahn has about 8% stake in the services part of the company . that will be one of the public companies. recapping earnings -- -- revenuer-share the coanchor of our next show, "bloomberg go," david westin joins us. david: we have a lot of news to cover, and leading it will be ursula burns, the ceo of xerox, joining us at 8:00 a.m., to talk about earnings, the stock split, and about what lies in the future for xerox. that is coming up on "bloomberg ." francine:

betty: just quickly, does it seem like ursula burns is there to stay for the long term here? anurag: sounds like it. betty: we'll see. a lot can change. thank you. bloomberg intelligence. still ahead on bloomberg television, amazon also in the cloud space is still stuck in investment mode. when will the c.e.o. shift to full-blown profit mode? we'll dig into amazon's latest results. mark mahaney. mark is our rallying bigtime. we are pretty much near our high of the session. the dow is up over 200 points. betty: live from bloomberg's world headquarters in midtown manhattan. check in on bloomberg's "first word" news. vonnie quinn has more. vonnie: thank you so much. health officials here the zika virus could spread worldwide after the olympics in brazil. more than half a million people. the world health organization is holding an emergency meeting monday about the epidemic. the virus has been found in at least 24 countries now. michigan leaders may have known about flint's poisoned water long before they publicly acknowledged it. an official says state workers in the city in off

we speak with the ceo and chairman, ursula burns.he gdp say about the strength of the u.s. economy. amazon coming up short on earnings expectations. we are taking a deep dive. ♪ stephanie: welcome to the second hour of "." i am stephanie ruhle. david: i am david westin. we will talk to ursula burns about her plans for xerox. stephanie: a lot to cover. let's check in with julie hyman. oute: we just have earnings from microsoft. earnings coming out ahead of estimates, $.79 versus $.70 which was estimated. just shy of what analysts anticipated. mastercard up 12% in local currency. i have dropped my piece of paper that has everything on it, but it looks like the shares are getting a leg up. we are seeing a list, negative on the week going into today's session. the movement i the bank of japan to take interest rates negative have given a lift to stocks and other asset passes around the world. we are seeing futures in the united states get a boost. it could change at eight: 30 when we get gdp. that is the readings for the fourth quarte

the ceo ursula burns says it was driven solely by the board. >> what has been reported is that this wasman by mr. i cahn. analysis and its came to the conclusion without speaking to him at all. scarlet: joining us with more consumers is go is cory johnson. carl icahn gets his way again. he manages to get a split from xerox. does this mean people get a higher separate business rather than the lowering of some of the parts for xerox? cory: they think it will be worse off apartment together. now they are saying they had come of it all in their own and that a shareholder is demanding. if you want to believe that, you can believe that. you are looking at a business in decline. both parts are in decline. there services business which is largely with the acquired with affiliated computer services acquisition which has been a disaster. and selling copiers and printers. both of those businesses are in decline. it's very focused on the u.s. and really suffering. when you have a business that's only doing about $500 million in profits a year, almost $64 billion in executive compensation to ursula

emily: ursula burns talked a bit more about why she thought the split was the right move. >> given theat both of these businesses have, combined that with changes in the marketplace, with changes in the industry, competitors, that is probably best for us to be separate companies, not together. emily: what are the growth opportunities in document technologies? are they big enough for a stand-alone business? george: there are a number of those opportunities still within document technology. you have high and color -- end color, customized print leveraging. you also have expansion into the smb channel, expansion into emerging markets. there are levers that xerox can hold to drive growth and to mitigate some of the headwinds we are seeing. emily: what are the challenges in services, and can they even catch up with tech venture? george: the challenge with services it is an involving industry. it is an industry focused on transformation, and industry very focused on automation, intelligence, analytics. to stay ahead, you have to constantly reinvent yourself. you have to innovate, you have to

how about ursula burns? anurag: she's recognized as one of the ceos to watch.tever it is out of the secular trends of the technologies -- it hasn't worked for xerox at this point. it's possible they give her more time to see that she can turn the services business around. david: with this company in the context of the whole cloud ecosystem. you think of the cloud, you may think of like a soft -- amazon. survive thehave to hp, csc, xerox -- all of them are struggling because people are going towards more cloud-based services, more cloud applications. if you are a good consulting turn yourou could portfolio around and say we're going to help you get that. that's what cognizant has done, it's really worked out for them. if you can turn your company around very quickly, you can change that. david: anurag rana, thank you. ♪ >> "bloomberg markets this is "bloomberg markets." our crumpton is of the news desk. are: health officials trying to determine how the olympics in brazil might be impacted by the spread of the virus. more than half a million people from around th

"squawk box" has an interview with the chairman, ursula burns.nother old-school technology company looking to split. >> bowing to activist investor pressure. one interview you don't want to miss on "squawk box." other stocks to watch today, microsoft beating street estimates. cost cutting and growing demand for its cloud products. it's moving higher to the tune of 3.7%. it was a 6% move at its peak overnight. visa did not cut its full-year forecast, as many were expecting. still, revenue came in below consensus. highs sharer after hours. a weak report from electronic arts. shares tumbling after hours, quite significantly. 8% move down. >> more earnings to tell you about. we're going to continue the conversation because we've got more today. we've got a new contract for bo boeing. when we come back, european stocks jumping on the overnight interest rate shocker from the bank of japan. a live report from london straight ahead. u.s. futures, by the way, celebrating the boj move as well. >> and as we head to break, we want to hear from you. our twitt

. >>> ursula burns will be here to discuss the just-announced moves her company is making.plitting under two under pressure. tomorrow at 7:00 a.m. eastern. stay tuned. ♪ okay, so you launched your bank's app. now what? how will you keep up with the new demands of today's digital economy? the fact is: some believe they won't need a traditional bank down the road, so at cognizant, we're helping banking and financial services companies think digital, be untraditional, and reimagine what the bank of the future can be. our clients can now leverage customer intelligence to predict their financial needs and provide more contextualized products and services. we're creating new platforms across channels so customers can effortlessly invest, borrow, lend, transact-wherever-whenever they choose. and we're digitizing the way banks run, driving efficiencies and delivering new value for their customers in return. digital works for banking and financial services. lets talk about how digital works for your business. ♪ >>> welcome back. conference calls for amazon and microsoft and others a