if you are going to leave data unprotected you don't get say. >> they have a business using the data they have. >> could they have purposefully used it? >> that's what i'm saying. >> they are steps away from the for an under decrees selling data for people late on their mortgages. as part ofe had that their business in the past. >> that seems like a financial to business thing, but i'm talking about we have grot we have got there data and you want to target people who have this, this, and this for advertising. >> i think it would depend on the vetting process and deciding who they want their clients to be. both ound it interesting of you in your written testimony your oral testimony talked marrying concern about this information with o.p.m.'s information. moore, do you want to comment any more on that? that inseen examples of the past of any of the forensic we now have of other companies doing that? don't know.ase away it is too soon to tell. e don't know who the perpetrators of the acts were. plausible that yber criminals can be illicit data brokers compromising different data sets a

one, use data to show traction. buyers need to know that your product will sell. use data like website visitors, order numbers, and press coverage to show how your product resonates with consumers. two, always have a pitch ready. you never know when you may meet someone who can help you out. keep your phone or tablet stocked with compelling images and charts, and have a fact sheet with all of your specs and contact information ready so you can send it off at a moment's notice. three, attend trade shows or vendor days. these are great places to meet new buyers. make the most out of them by sending your most knowledgeable and upbeat employees. and if you have a booth, avoid leaving it so there's always someone around to answer a question. four, partner with a broker. sales brokers already have relationships with big buyers and know how to get your products in front of the right people. but they also have reputations to protect. like the buyers, before they partner with you, they're going to want to make sure that your product will sell. five, make sure your product

the data they have. >> could they have purposely used it -- >> that's what i'm saying. >> well, they are steps away from the russia question, but they are under current ftc decree for selling lists of data, people who were late on their mortgages. so they have had that as part of their business in the past. >> okay. that seems like a financial business-to-business thing. but i'm talking about, we've got all this data, and you want to target people who have this, this, this, this, this, this and this and this. for advertising. >> i think it would depend on the vetting process, and deciding who they want their clients to be. >> okay. >> i found it interesting that both of you, in your written testimony, and then miss winterton, in your oral testimony, talked about the concern about, you know, marrying this information with opms, information. mr. moore, do you want to comment any more on that? have we seen examples of that in the past of -- any of the forensic, you know, information that we now have of other companies doing that? >> i mean, in this case -- >> or

thank you forjoining us. data breaches are dominating the news today. first, we start with yahoo, reporting this morning a 2013 data hack is much worse than initially thought. latest investigations reveal all user accou nts investigations reveal all user accounts may have been compromised, and this is raising uncomfortable questions about how exposed yahoo users are. for the latest, we are joined by sharanjit leyl. this is bad news for yahoo and its investor, verizon. from the1 bad news for yahoo and its investor, verizon. from the 1 billion disclosed late last year, it is now 3 billion user accounts potentially compromise in the 2013 august data leak. this came about because forensic investigators took a closer look at it. they found user accounts, they did not include pass words, not encrypted text, and bank account information. the latest line is the us senate commerce committee plans to call yahoo and equifax, which he will talk about later, the other data breach we have been reporting on, they will be calling them in to testify. do you think verizo

i have my own view that as company use data and technology, and use the given these we are building ink more and more seamless for a consumer to constantly be interacting with the product. —— retail will look. so, through the smart phone, the smart phone because more the foundation, as it is in china, and also in europe. people will find ways to say i have immediate access to see this product physically here, or locally, or accommodation of the two. to what extent is the rule book being ripped up extent is the rule book being ripped up and rewritten? you have this tremendous shift, now, from online retailers getting into bricks and mortar. how big shift is under way? it is very good news for retailers in the sense of the incredible technological capabilities of companies like mine and others. —— how big a shift. and the financial strength behind these companies, being able to invest in innovation for retail, including the off—line. this is great news, because most off—line retailers, as i think i said before, they are looking for a way to make up for stagnant growth, oi’ way to make up

data security. an increase creasingly used catchphrase is that today all companies are technology companies or, all temperatures companies are data companies. this concept reflects that information technology and data play an important role in enabling the modern business practices which allow companies to compete and thrive in the marketplace. however, this reliance on i.t. and data also create risks for corporate leadership to manage. adequately controlling that risk is an objective of cybersecurity. data security is an element of cybersecurity that are involves risk management. absolute security is not obtainable, so managing the risks which would impair security is the goal. in order to evaluate risk, managers need to understand the threats their enterprise may face, the vul nernlts they have and the cons sense consequences of an incident. sooip cybersecurity instant response describes an attack, driver information about it and mitigate against it. for incident response, staff is not limited to just i.t. personnel. communication staff that are able to craft messages to both internal and external

collapse over 200 million miles of data a day because of all the sensors. anytime you are usingx, we are constantly updating and putting in new roads, putting in speed of the roads. we are mapping the world live with that kind of data. emily: we will keep our eye on you guys. thank you so much for joining us. great to have you here. that does it for this edition of "bloomberg technology." we are live streaming on twitter. check us out. that is all for now. have a wonderful weekend, everybody. we will see you on monday. ♪ 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 talk and text at no extra cost. so all you pay for is data. see how much you can save. choose by the gig or unlimited. xfinity mobile. a new kind of network designed to save you money. call, visit, or go to xfinitymobile.com. from our studios in new york city, this is "charlie rose." tour is here, a correspondent for abc news and an anchor for msnbc. she sp

elements such as where data is acquired, how it is used, and what other data the entity generates about the consumer will provide consumers with additional information that may affect their decision in the marketplace. thank you for the opportunity to testify today. and i look forward to your questions. >> thank you very much. before i begin my questions to just inform the senators, we have a vote at 10:30. senator brown and i have discussed it, and we intend to keep the hearing running. so we will adjust our attendance at the vote, and you can make your plans accordingly. but the hearing will continue to proceed during the vote. first question i have is for the whole panel. i'm going to ask you to be concise. i only have five minutes in my questioning, as does each of the other senators. but this is for each of the members of the panel, if you have an opinion on this. there has been a lot of discussion surrounding the social -- the security of the social security number. and whether it should be used as an identifier going forward. do you think we need to get rid of the social security

corporations are doing how are we able to ensure that individuals have some means of recourse against the use of data against them i don't see that it within this legislation there is adequate protection for individuals. you know giving them some kind of recourse to challenge this the malicious use of such data. israeli police have arrested a palestinian man for a post he made on facebook allow him hello way posted a picture of himself at work wishing good morning to his friends but facebook incorrectly translated the post as attack them and the police got involved he was released shortly afterwards when they realized there had been a misunderstanding all gideon levy a journalist for how that's newspaper says the actions were illegal. his that seem to not only was morally thirty but also always. legal to its evil egoless not only immoral it was illegal we just have to mention that he was relieved of the few hours so the scene didn't develop too far but it is a bit irrelevant it's just an indication to the if you. are the palestinians without any respect to none of their basic rights. well this isn't

i have my view that, as companies use of data and technology and the capabilities we are building ingoing to become more and more serious for a consumer to constantly be interacting with the product. smart phones will become more the foundation, as it is in china and europe. people will find ways to say i have immediate access to see the product physically all virtually or a combination of the two. to what extent is the rule book being ripped up extent is the rule book being ripped up and being rewritten. you have this tremendous shift from online retailers getting into bricks and mortar. how big shift is under way? it isa mortar. how big shift is under way? it is a very good news for retailers who come from the bricks and mortar space in the sense of the incredible technological capabilities of companies like mine and others, and the financial strength behind these companies to be able to invest in innovation for retail, including off—line. this is a great news because most off—line retailers, they have looked at online to make up they have looked at online to make upfor they have l

corporations are doing how are we able to ensure that individuals have some means of recourse against the use of data against them i don't see that within this legislation there is adequate protection for individuals. you know giving them some kind of recourse to challenge this this malicious use of such data. party continues to run a campaign to bring russian speaking children back home from iraq after their parents went missing there were killed fighting for islamic state one boy is about to be reunited with his family. a lot of. money you know. that is just. what. was this was you on deal with mr sulu what what's just cut what do you know. what the. news minister. you know. was. a kid you will. see in. the time of the. sure this. is already police have arrested a palestinian man for his post on facebook i know when holloway posted a picture over himself and walk wishing a good morning to his friends facebook and correctly translated the post. israeli police promptly got involved offices thought he was threatening to carry out an attack he was released shortly thereafter when olten out of being a b

corporations are doing how are we able to ensure that individuals have some means of recourse against the use of data against them i don't see that within this legislation there is adequate protection for individuals. you know giving them some kind of recourse to challenge this this malicious use of such data. with i saw steadily losing ground in iraq more and more children of fallen jihadists are being left behind r.t. has been running a campaign to bring russian speaking youngsters back home after their parents moved to iraq to join the terrorists and it seems another little boy will soon be reunited with his family. a lot of. money you know scuzzy. that is just. what. was. this was your idea with mr sulu and what what's just cut what do you know. what the . news minister. was. killed you will. see in. the time of the. sure yes. israeli police have arrested a palestinian man for his post on facebook when holloway posted a picture of himself it was wishing a good morning to his friends however the post was translated to attack them or hurt them which got the attention of israeli police the translati

data project. what does they'll that look like? >> guest: well already the government is very much interested in using big data. it's all of this open-source material whether the social media or news sources from other sources and putting it altogether all together and identifying patterns. we are able to use that in a constructive way to counteract some of these false narratives. that's kind of what they are doing. i mentioned the company that is doing that. they do some government work but it's a very complicated area. it involves the ability to gather that data and most importantly to be able to make sense of it to find out what's going on. again you have to have this in russian and in chinese so you have to develop new language skills and technology that can assist in chinese characters so i think that's really a growth area for focus to be able to use the data. >> host: another project he recommended that the u.s. government needs to embark on is the hollywood project. can you talk about what that is? i thought that was interesting. >> guest: this is idea of not just countering information by promoting amer

this is the transmitter will send us data twice a day that way we'll know it's coordinates exactly where it is even when we can't get up close to the bird and he's. after thirteen months in captivity in care the vulture takes its first tentative steps into freedom. griffin vultures used to breed in this area for thousands of years until they died out two centuries ago because of human intervention. perhaps this bird will be a pioneer helping to recolonize germany for his species. such attempts to resettle rare species can work out as you can see in the next report. there one man is fighting to bring back a butterfly that has completely disappeared from some parts of germany. for almost thirty years the marsh had disappeared from the one in germany now it's back. but can the butterfly species survive a long. biologist detlef colleagues certainly hope so four years ago he began bringing back specimens from denmark to breed them. for me that was my first encounter with a species i've never seen them flying around here in this area of germany so of course it's a really special thing for you

use data. use data from the beginning, and the story continued to change >> when we arrived 45 minutes or so, lesson that after the shooting, began. at that point coming to dead, 24 injured. and we were meeting people coming out with blood all over the bodies. that was blood to people they had been helping, and casually, these numbers would go appeared nobody would have thought they would see what they are now. 58 dead and over 500 injured. when you think there was 22,000 people inside, who are in a small compacted area, that number does seem likely, unfortunately. i just chance to talk my friend at the fbi, who is very versed on this type of thing, and she said, there are three reasons why people did not react immediately. one, at the end of a concert, you are on the las vegas strip, the headline is playing, but would not be out of the ordinary to have for fireworks or pyrotechnics. two, people are drinking alcoho alcohol. people do not react as quickly when you have alcohol in your system. th

i think they should be accountable and transparent about how the data is being used. senator tillis: would you consider the select deletion of credit data for being accurate and relevant data for the financial services industry? mr. rotenberg: it may or may not be. credit is based on a wide variety of factors, many of which are not even known to consumers. we don't know how they are making determinations about us, yet they are concerned if they don't know everything about us when they make their decisions. and that just seems a little unfair. here, itillis: i wasn't think someone else answer the question, but what do you think -- what technologies or what processes out there are we using to get away from social security numbers as authentication methods, to move it more to what the card industry has done with tokenization, trying to come up with some sort of identity that will actually eliminates or substantially reduce what is a relatively easy thing to do, which is to get someone's information and commit fraud. what is out there that we should be looking at, as a mat

corporations are doing how are we able to ensure that individuals have some means of recourse against the use of data against them i don't see that within this legislation there is adequate protection for individuals. you know giving them some kind of recourse to challenge this the malicious use of such data. a russian radio journalist has been stabbed in the neck while working in her news room in moscow she's now in hospital in an artificially induced coma doctors describe her condition a serious journalist works for the echo of moscow seen by many as an opposition radio station r.t. is in here trying to ask more. include all kind of opposition figures including some of the radical voices so this brutal knife attack was really something that grabs so much media attention this place was packed with journalists just a short while ago and there are still many reporters on the scene events here in central moscow unfolded very quickly the man first attacked the security guards downstairs with some kind of spray then he went upstairs on the elevator and went through the elevator doors on my right and proc

data? how do you use this data? why should i feel comfortable this data is not not being misused, that in some way you're using this to undermine the privacy and rights of our citizens -- that is a dialogue we welcome. with that i apologize. ,mr. shedd: no, that is a great response to a follow-up question i have. if i read the trending, in terms of criticisms to the program it's not so much at the front asnd of what you described being used for disruptive purposes in attacks overseas and the sort of thing, but -- iental or inadvertent think it would be hopeful if you would walk us through the oversight on that issue by first baselining why does it mean to collect on a u.s. person inadvertently, and incidentally, because of the communications captured throughout the 702 program. that would be helpful. admiral rogers: we had knowledge in the course of executing 702, we will run into the u.s. persons. it is the nature of it. that's the nature of the global telecommunications backbone. we all use our personal hand held

back injune, it was discovered that political data gathered on 188 million us citizens was publicly accessibleperts have questioned whether aws could have done more to actively guide its customers in good security practice, and even to actively test security. instead, aws has chosen to focus blame on its clients. we provide a set of capabilities and a lot of flexibility to our customers. and so you can have infrastructure like we run, and it can have airtight security. but if our customers, in the applications they build, do not build the same level of quality and security, you could have a problem. nevertheless, some of the biggest names on the web and in the real world rely on google, microsoft and aws to deliver. and, to give you an idea of the detail that can be involved, on a recent trip to nevada, dan simmons discovered that even an actual mine has uses for a data mine. everything here is big. a mine almost two miles wide. 250—ton trucks. welcome to the second—largest boron mine in the world. this is literally the money shot. this is what they are after. this is kernite. and, after it ha

we used some of our best practices and some of their best practices. we kept both data operations going simultaneously and a lot shared between them. so the man who took credit for the data operation in the front page of foshs magazine's article says the data the trump and the rnc data operations were both going simultaneously. how can team trump now say that they relied on the rnc only? >> well, you're right. and my league betsy woodruff at the daily beast who broke this story in her report, she has other examples of how this argument seems to be contradicted by other reporting. >> we're going to talk to her next live in our next hour, just so you know. i said one week ago but one week after the election. i just wanted to correct myself. >> let's just assume for a second though that the trump people are a 100% right. it's still interesting -- it would still be interesting because here you have a company, cambridge an lit ka, which was steve bannon, who was a senior adviser to donald trump, on the campaign and also in the white house, sits on the board of tha essentiall

they used substandard products and whether there are safety issues or not and yet more revelations mean the scandal could be wider than initially thought kobe steal it it's that the fabricated data affected not only copper and aluminum products but also ion powder which is mainly used in making automobile components kobe also admits that it's launched an investigation into a subsidiary company which is reported to have shipped material used for making semiconductors to customers without inspecting them the kobe scandal is the latest to hit corporate japan faulty ags made by tata problems at the largest safety recall in history of the auto industry in june the japanese company has filed for bankruptcy. called one point two million vehicles last week after admitting unqualified staff carried out factory inspections. the scandals are seen by many as a further blow to japan's reputation for quality manufacturing that reputation has allowed japanese companies to charge higher prices compared to cheaper competitors such as china not all analysts think the scandal is a disaster for japanese brands japan tends to have a lot of over spec right you know they really if you want to have the

makesurgh-based pentium software that can be used by a variety of industries, including data centers,ealth care, and more. the company technology is intended to supply the process for companies to use machine learning applications at scale. sceneg up, seattle's tech is on the rise, but how does it compare with silicon valley? we will talk with rebecca. that is next. bloomberg is live on twitter. caps on 5:00 p.m. in new york -- check us out 5:00 p.m. in new york. this is bloomberg. ♪ seattle has seen a boom in venture capital investment in the last few years. in 2015, seattle-based 70's rocked up $2.1 billion in funding, but that is still dwarfed by silicon valley. this is according to data from facebook, the research company ook, the research company. joining us is rebecca lynn. great to have you back. you met with a few companies this morning in seattle. what trends are you seeing? how is it different from silicon valley? rebecca: two of the richest men in the world here with bezos and bill gates. the startup scene continues to evolve here. it has always been strong, but when you go

and yet this data release showed us how little we understand those interactions between race and placee notable stuff in the data. in recent years, the number of stop and searches has declined for white britons. the same pattern has occurred for pakistani britons and black britons. but look at that. black britons have consistently been around six times more likely to be stopped than their white neighbours. there are also outcomes that are troubling for minorities. around 21% of white women have reported recent mental health disorders. a slightly higher share of asian women, 24%. but it's 29% for black women. what this report does, it lays bare some of these uncomfortable truths, and if we are bold enough and brave enough to one, acknowledge it, acknowledge these truths, and two, have a plan to close it in five or ten years' time, we can be in a better place. the danger, of course, and i've seen this already today in some circles, is denial. the data is not all negative for black and asian britain. in education, black and asian children now tend to get roughly the same gcse points as wh

every customer's running the same version what we're doing is if a customer opts in and lets us use our datan a way it's anonymous, we'll priefld the bench mark results to them for free for just letting us be apart of work data customers that can only be done by a true cloud provider the other people who talk about it, our typical and legacy competitors. no one can date of birth in a way that we can because we have everyone on the same version of the software >> can you reveal some of the names of the companies that said, listen we really want to be involved? >> well, we're up to about 100 customers that have signed on and we just started this effort of our 1800, 100 have already signed on. at this point we'd like to keep the names private until they feel more comfortable letting us publicly disclose it by signing up for these agreements they let us use their data in a d i den tied way they can now not just look at their own analysis of the business they can also compare it to their peers. which is a the west by the way to let everyone know how you're doing on a global front. >> five years a

we use data to target ads, but not by giving that data to the advertisers. if someone wants to argument an ad and reach people who are 40 years old living in california, we take that ad and show it to me and my friends and we give ing aggregate information back to the advertiser saying we showed your ad this many times. that goes to the heart of being able to find the people you want to find to buy products and services. it's been very important for political advertising. very important for issues. and very important for millions of small businesses around the world that are building a business in an era where jobs are critical. >> let's talk about jobs. people are worried about the effect of robots on jobs. facebook has run 21,000 employees. how many will you have in five years? >> one of the the things you learn is never predict five years out. you can plan and hope, but predicting five years out is very hard. i don't know. but we're certainly hiring very aggressively now. we are a little over 20,000. that's just a start. we'll make continuing investments.

telephones including social security numbers and driver's license information and also of the data that criminals use to commit identity theft and financial fraud. equifax is clearly responsible for their breach. and with hitachi software foundation and also worth emphasizing equifax chose to collect the personal data because consumers did not provide this information to equifax. and alas security strategy with the 145 million credit reports to cause of unprecedented harm to have access to credit card numbers consumers can council -- cancel accounts and change numbers but it is not so easy to change your social security number i don't think it is possible to change your data curve. the victims will be exposed to lead in the theft and financial fraud which is already an enormous problem for american consumers. it is reported almost 400,000 cases of identity theft in 2016. and that the cost of the economy per year. credit reporting agencies in need of reform. and with those steps that could be taken to establish accountability and transparency and with that information to impact the financial future. t

steph falsified data about the strength in europe about aluminum and copper products. our metals reporter joins us the full story. interesting to hear these , companies andut saying we believe we've given up falsified data on products we sell. were: whose standards they not meeting here? >> they said customers and its third -- customer standards. 2000 tons of copper products they sold and 19,000 more units across these various products they sold to customers and began contacting them one by one . scarlet: this sounds abstract until you pinpoint what products these metals are used in. julia: who are the customers? nissan,ustomers are subaru has had we sell wings to boeing that could potentially have this in there. west japan railway came out recently and told us there's the possibility that some of this aluminum has been used in the bullet train in japan. julia: it's exported to the u.k. >> mitsubishi saying we make regional jets and rockets that may be using this as well. there was a successful rocket launch that may have been using some of this aluminum and copper. scarlet: we were showing a char

data. hide in those numbers are some great strategy to help your company thrive. we went to visit the owner of a lunch shop in california who showed usow her data helped her increase her cash flow and decrease her supply costs. ♪ >> next customer. >> take a close look at this turkey and cheese on a roll. if you're one of these customers at village cheese shop in palo alto, california, that san wi s looks like lunch. but if you're the owner here, that sandwich looks like data, raw data. >> these are the bread choice, the spread choices, meat, cheese, toppings and then if they wanted a deli salad on the side. >> at the 50-year-old lunch shop which lindsey operated since 2007, she turns everything into a number. >> we've been opened 19 minutes and made $260. you track how many people are coming in, who's visiting my business. a big slice of the business is 25 to 34 demographic. that's the biggest demographic. >> lots of data in that sandwich. >> big data expert alan is at vancouver. >> how much did that sandwich cost. who bought it. >> even small business owners can learn a lot from their data if they just ask the right questions. >> ho

africa and parts of asia while levels among kids in rich countries appear to have picked well such as use data from the past forty years predicting that by twenty twenty two there will be more obese children and adolescents than underweight ones in one nine hundred seventy five there were one hundred million obese adults around the world the study published to coincide with world obesity day found that by twenty sixteen that number had jumped to six hundred and seventy one million by the end of last year there were fifty million obese girls and seventy four million obese boys in the world market as r.t. from imperial college was the lead researcher on the study i doubt and especially children are being targeted by by large food companies with unhealthy food advertising priced placed in the stores in a way that it actually encourages them to use it and their tools that governments have it they have used it in the past for things like tobacco tax it regulate it limited revising especially to children and make sure that those foods become harder and harder to to get. now paul gauguin is one of fr

that means, data about us are collected without us even knowing -- our movements or pictures of us. t's data collection we have not authorized. all this conflicts with our basic rights, with our idea of at a persoson is -- namely, an individual who is free to decide who or what he or she wantnts to be or do, and hw to shape a future. that is the basis of our society and our form of governance -- democracy. digitalization, the way we see it nowadays, is unregulated. it is driven mainly y by amerin companies. over there, , they donon't have same understananding of f te concept of a conststitution or e rule of lalaw as we do in n eu. whwhen it began 2020 years agoe thought the internet was great. it was going to o promote democracy. but now we see that the opposite is the case. i can organise a flashmob viaa social media, or t topple the government. but t what then? in the aftfterma, wiwill we hae more democracy? social media are fragmenting society into a mass of individual opinions. and the creation of a mass is the precondition for the let's take it "full frame." welcome back. see th

us. get 4 unlimited lines for just $40 bucks each. taxes and fees included. and now netflix included. >>> sources tell cnn that data analytics company working for the trump campaign did contact wikileaks seeking access to he mails from the clinton campaign. for more on this and the latest on the russia investigation, joining us is independent senator from maine, angus king. sir, always a pleasure. >> good to see you, chris. >> let's just go step by step through these different headlines. you tell me what matters to you and why. the clinton campaign, helped fund the research that wound up going into mr. steele's dossier. does that mean to you that the russia investigation is founded on a hoax because the dossier is the basis for everything you're asking about? >> no. the dossier has very little to do with what we are asking, there are some questions about what parts are true and what parts aren't. that is part of the investigation. it is certainly not a central point. my understanding all along is it was originally funded by republican sources during the primaries after the primaries and mr. trump became the nominee