tv Bloomberg Technology Bloomberg November 23, 2016 6:00pm-7:01pm EST
today saying he helps americans can come together mr. trump: it's my prayer that on this thanksgiving, we begin to heal our divisions and move forward as one country, strengthened by a shared purpose and very common resolve. ed betsyday trouble tapp devos's education secretary. he's expected to formally announce ben carson's appointment as secretary of housing and urban development. governorrump announced nikki haley as u.s. ambassador to the united nations. the u.s. is resuming deportation flights to haiti following a brief suspension after hurricane matthew. the homeland security jeh johnson says more than 200 haitian nationals had been deported in recent weeks. officials in costa rica have ordered the evacuation of war thousand people as late-season tropical storm otto swirls of central america. the u.s. national hurricane center says the storm weakened
ovnight but is expected to regain hurricane force and possibly make landfall tomorrow in nicaragua. global news 24 hours a day, powered by more than 2600 journalists and analysts in over 120 countries. i need a melendez. this is bloomberg. "bloomberg technology" is next. ♪ emily: i'm emily chang and this is "bloomberg technology tilde coming up, seven years after getting kicked out of china, facebook reportedly has a way to get back in. we will dig into the social networks plan to reach his largest untapped market. after a bitter election, and americans are ready for some retail with black friday kicking off in two days. you will find out the top holiday trends in tech.
the most packable gifts under .he christmas tree this season remember, trying to block facebook in 2009, it is not certainly social network could return to the nation given licensing restrictions and other regulations that aber locally companies. facebook has said it's interested in china but hasn't made any decision on its approach and declined to comment on the times report. here with me is the chief analyst at technology research and from hong kong, are bloomberg news reporter lulu chen. facebook is saying it is struggling with how to deal with fake news and yet there seems to be a possibility they can use their technology or products to censor out news that people don't want to see and china. >> the iron he is incredible.
that is the big question here. obviously they have the tools to deal with some of these issues. deploy deploys how they some of these technologies. some of the issues are technological algorithms. some of them are people based. it's more of a philosophy make,on that they have to what are they willing to do, what are they not willing to do. in china and the u.s., you have to imagine these topics are very much related. theyver technologies develop or what could be deployed in the slightly different way for the other. how do you think the technical challenge here might be different? on the one hand you are trying to filter out inaccurate or misleading news that there may even be a gray area there. on the other hand, perhaps you can plug in some terms that the chinese government doesn't want people to see, things like human rights. things also can pop up there make, what arethat they don't expect y would need to have real-time monitoring. it's really that different a challenge. >> i don't know that it is.
one of the issues more philosophical is deciding in both cases perhaps that there is a list of approved major news vendors that they are primarily going to promote and more secondary news or whatever kind of sites they are don't get the same treatment. can strange way, you imagine a similar kind of philosophy, a more strict version of that in china. even in the u.s. you can say, let's stick with the primary news organizations that proved they are willing to do factual stories for the primary news feed and maybe have a secondary news feed with alternative sources. who knows? that may not be the most popular idea but it may be practical. emily: lulu, the chinese tech landscape is littered with u.s. companies that tried and failed, from google to twitter, linkedin has been somewhat successful with a joint venture in china. how companies have been able to succeed in censoring information.
linkedin is one company that facebook can look to. this is a company that so far has managed to stay in the country operating and not getting blocked like google and twitter. they do combined censorship by algorithms and human reviewers, and they censor both english and local language in chinese. you might be wondering whether censorship is enough for facebook to get back into china. yesterday when we spoke with our sources, the short answer was no. censorship is a prerequisite great it's not a guarantee. get back intoo china, they will need to grapple with a series of issues as well, including the new cyber security laws that passed last month. emily: i was working in china in 2009 when faced was blocked and at the time, i had a number of chinese friends who were on facebook but now after seven years, other services brought it up.
is there a real demand in china for facebook? facebook will be facing in uphill battle. you already have tencent offeri ng wiichat. they do provide a service that is similar to facebook on their moments function, and also today we have hundreds of live streaming apps. young people in china these days are really looking for instant gratification where they messagescan send out to their followers and get instant feedback, likes, virtual gifts. if facebook were to come to china, they will be facing company giants like tencent and liveundreds of other streaming companies. it will be an uphill battle. emily: rules and regulations need to be followed in every country, but it's hard to see how this wouldn't open the floodgates if it were to be done. >> part of the issue is from
facebook's perspective, they could make the argument initially, let's get our to work with chinese companies who want to advertise in the u.s. that's a way in, without getting into the content side, where they can start to do business. then we move into the content side. as lulu said, and you mentioned as well, it's difficult for u.s. companies to come there. to work with chinese companies who want to advertise in the u.s. more and more we see these nationalistic desires in every country to want to use their own services, their own capabilities. i think you would have the same problem in china. facebook does want to figure out a way to work with those chinese companies. emily: mark zuckerberg has been working on his chinese. i hear he's pretty good now. rob o'donnell, you are sticking with me. lulu, tha for that update. in talks toid to be buy one of his chinese rivals. the company, this according to
people familiar with the matter, this is the company has struggled to crack the chinese market. hasbloomberg tech reporter been working on this story and she joins us now from the newsroom. olivia, talk to us about where things stand right now. described, china is an incredibly difficult market to penetrate. go to beijing, hong kong, it's a graveyard of failed silicon valley companies. airbnb knows this and recognizes this. it sees showed you as a chance to get into this market. xiaozhu as a chance to get into this market. emily: uber the latest u.s. tech company to give up in china, that you couldemily: debate wher what they ended up with was really all that bad. airbnb had said a year and a half ago that they would hire a
china-based ceo. that has not happened yet. i asked about airbnb's chances of succeeding there. >> looking for a chinese ceo is a smart move it that is something uber never did. emily: what do you think the odds are of airbnb succeeding in china? >> if airbnb -- if you're asking how likely will they become an apple level of success in china, i would say zero. emily: what about less than apple? that's also zero. emily: zero? airbnb is still trying, though they have not hired that china ceo, olivia. >> they haven't. i don't know if i really think their chances are that low. i first want to say, china is growing, the middle class is
growing at an incredible rate. there are 400 million more millennials in china than in the u.s. these are people who, many of them are passport holders, they speak more than one language, and they are eager to travel. what airbnb is more focused on is the outbound traveler. answer about the ceo, i think this is consistent with the company. they tend to really take their time in hiring. the ceo, many people have called him a prospect list -- pr ospectionist. i met with one of their investors yesterday and he explained to me that he is being advised to actually wait, and he feels it's better to hire the right person rather than put somebody in that role that may be could also bring in other people that aren't right for the job. i don't know if it necessarily means that something is wrong there. it's more consistent with chesky's approach to hiring and
philosophy around management. emily: airbnb has a couple rivals in china. how do they compare in size and why is xiaozhu so interesting for them? >> xiaozhu is more interesting because the occupancy rates are much higher. 800,000claims to have listings. but very low occupancy rates, we are fighting. airbnb once a company that has perhaps less listings, but listings that are more similar to those that airbnb oness itself on, perhaps that offer a real home experience as opposed to an empty, vacant building that is being developed as a condo purchase building. emily: i know you will keep us posted on the details. thanks so much. a story we are watching out of the u.k., where the tech sector
is still concerned about a lack of skilled workers following the from the european union. in its budget statement, the government outlined a big burst in funds to spur the tech sector. chancellor philip hammond confirmed the u.k. government would invest an additional 2 billion pounds into tech research and development by 2020. exportdoubling u.k. finance capacity to make it easier for british businesses to export. mayfield's charlie business led initiative to boost management skills across businesses, and i'm taking a first step to tackle the long-standing problem of our fastest growing startup tech firms being snapped up by bigger companies rather than growing to scale. emily: in a speech, hammond announced a one billion pound investment in bringing high-speed fiber-optic rock band two 2 million british -- broadband to 2 million british homes. will break down how the
emily: apple has faltered in the chinese smartphone market, allowing local and be voted take the top spots. apple in vivo phones now count for one out of every three smart phones sold in the country in the third quarter. the iphone's market share is at 7%. its lowest in almost three years. can apple reclaim lost ground? joining me is bloomberg's alex webb. x, how did apple in vivo --
oppo and vivo come from behind? >> is they are to that rank above the others. they had been very smart at building out their sales networks outside of the main metropolis. and offering a good cut to those local retailers, incentivizing them to give great placement to their products. emily: they are even squeezing out xiaomi. with theou have chinese smartphone market in general is saturation in the big cities, where apple did a lot of success, and now people in the center of the country getting some of their first smartphones and realizing these are the kinds of phones i can afford. you have nice displays, nice technology, very good cameras, all driven by the mediatech chips, a taiwanese chip
supplier, and that's enabling all these companies to deliver a very nice product at a price point these people are willing to pay. emily: what does it mean for apple? >> they are never going to get a big portion of the market that oppo and vivo are going for it. those people are not interested in apple is a brand. forget, we don't have the stickiness of apples services in china that we have in some of the other markets. the bottom line is, it's going to be very tough for apple. they will have to count on urban dwellers in the big cities doing the upgrades. emily: so, apple -- they are coming out with another phone in 2017, the 10th anniversary edition. you might be a bigger design overhaul, perhaps. good that change things? it can retain its existing
market share, perhaps. the thing that is difficult is going into these lower luxury customers. doesn't have the sales networks. it's hard and expensive to build this stuff out. emily: in the next year this time, what will we be talking about? is it anyone's game? >> you are going to see these chinese brands get stronger. of moreion nationalistic focus in china around china brand is going to be a big deal. we will see a new iphone. i think it will be interesting, but it is so hard because the expectations are getting higher and higher and higher. i'm not sure they will be able to deliver up to it. i've seen ideas of phones they could theoretically do that would be amazing. that's one point we have to make, give apple some credit rating they are doing a lot better than samsung. samsung really fell off a cliff. the recall did not help,
h-1b's don't count. joining me now is the cofounder and ceo of shift, an online marketplace for buying and selling cars, who recently wrote an op-ed for "the hill" on his personal experience emigrating to the united states, entitled "making the american dream great again." youryour green card applications rejected. the labor department did not believe your company actually existed, and you had to leave your company to get your right. >> my previous company, tax -- i had been in the u.s. at that point for almost 15 years. said, youdepartment own too much equity prayed you have to decide who gets hired and who doesn't. we can't qualify you for a green card. i had a choice where i could
apply again and try to prove that they should give it to me are not, or go to a bigger company where i could get a green card. i ended up at google, who handles this stuff very well, and i was able to get my green card. yet, even under the obama administration, your case was handled, it was a challenge. how do you think your case will be handled under a trump administration? >> probably not very well, i would suspect. obama has done some interesting things for entrepreneurs in the last few years. now you can have a different kind of visa if you are an entrepreneur. i guess that will go away under the trump administration because that was a regulatory decision. h-1b visa is a huge issue. thatu don't have h-1b's, will really hurt tech companies straight we probably have at least 10 people at shift on h-1b's. emily: how many people?
seven people could that's a large percentage and that is labor we really badly need for our team to be successful. the critics, including trump, jeff sessions, the president-elect choice for general, he has said thousands of u.s. workers are being replaced by foreign labor. you do have some examples that have been pointed out at disney, ofthern california edison, this type of visa potentially being abused. what do you say to the people who are very fearful? >> first they should distinguish between tech, like a startup like shift or google or microsoft, from outsource companies in india that also bring foreign workers to actually do outsourcing of labor. those are two very different things and i don't think we should put them all in one bucket. shouldy, i think you
also segment this what types of jobs we are talking about. for engineers, there's not an engineer that google would qualify that they would not hire. we shouldn't worry about those types of jobs. there are probably other jobs we need to worry about a little bit further, but for the jobs we talk about here in silicon valley, they are not in any way an issue. we have a labor shortage, not a job shortage. emily: an illegal immigrants, our current -- people living currently, considering coming to the united states, rethinking their plans? are they considering going to canada or europe or places where they believe -- i'm talking about high-tech labor. >> that is a serious issue. in silicon valley, we succeed when we have foreigners working with americans and building great companies. something like half the mpanies that are worth $1 billion or more that are startups, was cofounded by a
foreign person. very clearly this is an additive thing for the united states. the campaign was super negative. i think it made a lot of people uncomfortable. it would be awesome if we could try to move away from that and make people feel very welcome in the u.s. tech leaders, can do a lot to make that happen. at shift we are always very open to immigrants and we have always been supportive and we will continue to be no matter what the government says, but it would be great if all the other ceo's were as loud on this as i am right emily: the cofounder and ceo of shift, thank you. coming up, shoppers breaking out their wallets as the holiday shopping season gets into full swing. from drones to wearables, we will talk about it all next. ♪
driving. officials say voluntary guidelines will reduce crashes caused a distracted drivers, traffic deaths by 10.4% in the first six months of this year following a 7% increase last year. triple-a estimates more than 48 million americans are traveling 50 miles or more over the thanksgiving holiday. that's an uptick of one million travelers compared with last app app wazeavigation says today is one of the worst days to travel, with accidents increasing 33%. the obama administration is forcing the finders to use a record amount of biofuel next year. the mandates are above levels the epa proposed in may and above last year's requirement. president obama had some important official business on his plate this afternoon. his final thanksgiving day turkey pardoning. mr. obama made sure that at thet 2 turkeys won't be on menu tomorrow. the birds will now spend her days at virginia tech university. global news 24 hours a day,
powered by more than 2600 journalists and analysts in over 120 countries. i am nina melendez. this is bloomberg. i am joined by bloomberg's paul allen with a look at the markets. paul, happy thanksgiving. thanks, nina. good morning from sydney. let's take a look at the asx in the first 30 minutes of trade. doing not too bad. goldof the main movers, stocks taking a beating this morning as you would expect, after gold inched lower on those u.s. federal reserve minutes suggesting that rate cuts may be just around the corner. also the worst performer on the asx now, the building company back off-line after being in a trading hold for most of the week. it's up about 12% now, despite that rather exciting acquisition of the u.s. company headwaters.
rio tinto also performing not so well, off 8/10 of 1%, despite announcing it will sell its entire stake in the united kingdom for $410 million. things are rosier on the new zealand exchange. looking mixed. lookingalso waiting on singapo, and trade numbers out of hong kong. that is some of what is happening around the region today. i'm paul allen in sydney. more from "bloomberg technology" next. ♪ emily: this is "bloomberg technology." i'm emily chang.
the holiday shopping season is here and retailers are expecting the crucial fourth order will be strong. adobe predicting black friday sales will jump 11% from last year. techgame boys to vcr's, items have been at the top of consumer wish lists for decades. herewith this is the chief economist at the consumer technology association. so, cyber monday is actually expected to be the biggest shopping day in history. what are some of the most apprising trends -- surprising trends you're seeing? >> online shopping and the shift to online continues to be a major force in what is happening this week, and still he obviously into monday. lling obviously into monday. we expect mobile to we up nearly 50% over last year. we have tremendous growth in that segment of shopping this
week, and obviously into cyber monday. emily: throughout the week, when is the best time to shop, when is the best time to get the best deals, and where our people seeing them? is it social media? good old-fashioned email? >> the way black friday is executed has evolved and changed over the years. historically it was just the day after thanksgiving, the day after the u.s. takes giving, very u.s. centric holiday. but it has bled into the days that are adjacent and expanded throughout the whole week. it's not just a u.s. holiday anymore. we are seeing it drive traffic across the globe as people search for black friday deals everywhere the deals are to be had. we see people turning to online starting tonight, headed into tomorrow. oner they hit the stores friday and saturday, you see them going back online, looking for deals. you see a number of retailers doing flash deals, and those of
already been going on for the last week or so. there will be timed temporary deal straight there really is no longer a small finite time. the best advice is to find a deal you want, the product you're looking for, and grab it when the price is right. emily: i have a turkey to cook, so i think i will have to wait until friday. how about you? >> i never was a big fan of having to go shopping on thanksgiving day. it seems sacrilegious. in terms of the products people will be looking for, that will be interesting to consider from a tech perspective. a seems like we are seeing couple of interesting trends in that regard. some older things we haven't thought about are coming back. not only is there retro tech like the little nintendo mini consul, super hot -- my kids are in turntables. record players are a big deal in
college now. people are looking at tvs and pc's. we will see some vr and drones and things like that, but some of the good old bread and butter things may actually do reasonably well this friday. emily: tvs are still one of the products of people by about this time of year. what else? >> you see televisions, smart phones, computers all topping the list. last week we published our pre-black friday shopping list, what people are most likely to buy this week, and thosephones,g the list. last week we drove the top three pick you see a number of emerging category showing up on top 10. while still nascent, virtual reality is starting to percolate. there's a lot of things happening. you look back at the holiday research we published in september, you saw things like smart home technology starting to grow. today about 50% of households have smart home technology, nearly 1/4 of those who plan to
buy texas holiday plan to buy some product in that smart home area. you see strong growth there as well. emily: i've heard an ad for a smart doorbell about 25,000 times in the last week. what about these smart home items, whether it's a doorbell or a vacuum? very interesting developments in smart home. the problem is that getting all these leases to work together is proving to be a lot harder than people initially thought. the initial excitement around smart home has come down a bit. i know you will do a story on the most insecure items. thertunately, a lot of are likely toms fall on that list because there's been a real problem around security around smart home, which ironically is where the -- the place where you want the strongest security.
are likely to fall on that list because there's been a real problem aroundsonos and audio systems tt play through your house or interesting. some of these things are interesting. more and more the smart home thing is moving to service at&t to provide the smart phone service as opposed to do-it-yourself kind of project. emily: we will talk more about those vulnerabilities later in the show. it's interesting that there impact from thet&t surprise election results. >> we relieved our sentiment indicators for november. on tuesday, you had other consumer confidence indexes come out today. all moved significantly higher in november. a piece of that is just clearing out some of the uncertainty into used by the election. obviously the election results have caused new uncertainties and we have heard things from chairman yellen or the vice chair of the federal reserve, chairman stanley. see some of that uncertainty clearing out. consumers also shifting towards the holiday season. elections tend to crowd out
advertising because they bid up the price of advertising, especially in the final weeks before the election. when that ended, you saw traditional advertising come back into the picture. we saw a number of retailers release their black friday the days early, in immediately following the elections, but still obviously 2 weeks ahead of black friday to get consumers started. it looks like in most instances, consumers were in fact ready to put the election behind them and start thinking about the holiday season and get ready for the weeks ahead. black friday has been such a u.s. focused holiday. other countries like china have adopted another version of it. can black friday go global? >> i have my doubts.
the idea of regional days shopping, when it's a big part of people's shopping, when it's a big part of people's lives, is perfectly valid. singles day is a great example. black friday is so tied to thanksgiving, which is so uniquely u.s. there have been efforts to bring it other places. i think that's challenging, impd there are better ways to focus on things that make sense for each region. in the end, that is probably what will play out. emily: my shopping starts friday. thank you so much for stopping by. thank you for joining us as well. a story we're watching, since the u.s. presidential election, tech stocks took a leg lower, including amazon. the stack -- sock off its -- stock off its highs of the year. howard ward from dan coats it amazon shares have been trading at an attractive price at the moment. have ann is going to outstanding holiday season because they continue to garner
additional market share in retailing. the stock pulled back during the vicious rotation in the direction of cyclicals out of countercyclical's, and investors had a bit of a buying opportunity. 14th,ered a bit since the but it is at 17 times next year think, a very i attractive price for amazon.com. will bend, bloomberg tv broadcasting from around the globe on thanksgiving day. the ecb vice president will be joining bloomberg surveillance to react to the group's financial stability report. up next, we will break down the kable holiday gifts this year. what to do to protect your gadgets from cyber criminals. this is bloomberg. ♪
emily: with more connected devices on the market than ever before, perhaps severed security -- mcafee is out with a new report showing that less than half of consumers take proper precautions to secure their holiday gifts. many don't even know what they should be doing trade mcafee says a most hackable gift categories this year are the obvious ones, like laptops, smartphones, connected home devices and drones. head ofow is intel's security and privacy. he joins us from intel's plano, texas hub. sum up, what are we supposed to do? what are we supposed to buy and how are we supposed to secure it? >> one of these things is, you
buy a nice new gadget. it's a shiny object that will make your life easier. unfortunately people don't really think about the security ramifications that go into it. pc's are always a big holiday item, but they are one of the hack.t to does a lot of things you can do as you go and buy a new device, including making sure you have updated the software on it. there's a lot of things you can do to secure that device, but you have to know there is something to do. emily: some of the things you talk about being particularly vulnerable, media players. i assume you mean things like apple tv, roku, play stations. why would somebody want to hack those devices? >> we always think about the home network as a safe haven. you don't necessarily think there is a hacker running around on your home network, but if you
have a device that you trust like your roku or playstation or xbox, you don't necessarily think that it's been hacked and is potentially listening in on all the transactions and data going across your network. to make sured we're protecting the safety haven we build for ourselves. emily: same thing with drones. we're talking mostly recreational drones. are drones really that vulnerable? >> drones are interesting because they are really built forwe're talking mostly recreational speed and to be lid easy to operate. but a lot of times these drones ship without any sort of security measures put in place pretty the number of drones will ship with open ports you can use to log into remotely. there's a lot of inherent vulnerability that exist in these drones that people could use to take over the drone, or basically destroy it. the moderngine, it's
equivalent of get off my lawn. maybe somebody could set up a kind of a bubble where any drone that flies near their house gets instantly hacked and drops out of the sky. these are the sort of things you can do when you don't have a device properly secured. emily: what about kids' gifts? a lot of kids typically will get either a tablet or a new laptop, and we've seen a lot of malware increase for both of those devices. i think pc malware increased about 100% over the last year. mac malware has increased romantically. there's always been this kind of urban myth of macs don't get viruses straight in the last year we saw 525% increase in malware targeting the mac operating system. this, to stay away from is it as simple as not buying anything connected to the
internet, or is that extreme? are going to hit a point where you can't buy anything that's not connected to the internet trade so many things rely on the internet or the cloud to do a lot of the processing that makes the device lighter weight and cheaper and easier to use. disconnecting is not really going to be an option. we have to make sure that properturers ship with security, but then we also have to get people to start thinking about making sure the devices are secure. we think about, if you get a car or some sort of large appliance, there's regular maintenance you have to do on those devices. but people don't necessarily think about that when you buy a oror drone or smart webcam something like that. it's kind of a shift that will have to take place in the general consumer population of thinking about security is one of those things you have to keep up to date. emily: there you have it.
happy holidays, everybody. bruce snell of intel security. thanks so much. a story we're following now, a group of prominent computer scientists is urging hillary clinton's campaign to call for a recount of votes in 3 swing states. they foundelieves evidence that the results in washington, michigan, and pennsylvania may have been manipulated or hacked, and they presented their findings to top clinton aides last week. they found the clinton received a 7% fewer votes in wisconsin counties that relied on electronic voting machines compared to other counties that used ballot papers, for example. has takense experts to medium to set the record straight. he writes, were this year's deviations from pre-election polls the result of a cyber attack? i believe the most likely explanation is that the polls were systematically wrong pretty the only way to know whether a
cyber attack changed the result is to closely examine the evid ence. count is stillte underway but clinton's lead in the popular vote has risen to more than 2 million. jill stein's campaign says it is planning to file for a recount in michigan, pennsylvania, and wisconsin, and is raising money to do so. david rubenstein travels the country talking to leaders to uncover their stories and their path to success. this week's episode, the pepsico ceo. not long ago, an activist showed up. the activists said, maybe you should spin off your frito-lay business, your snack business. what was your response and how did you keep the activists for the happy? anmy job is not to keep
activist happy. my job is to make sure the company is managed for the next generation and is performing very well. if the activist is happy in the process, so be it. i am an internal activist. i own 33 times my salary in pepsico stock. my entire net worth is in this company. emily: indra nooyi there, chairman and ceo of pepsico, also weighed in on the present question of work life balance. anybody,ossible for certainly a woman in our society, to have it all? >> i think if you have the right support system, if you have an understanding spouse, if you want to be married. if you are willing to make all the trade-offs that you need to make, you can have it all. but while you do all that, there will be heartache, there will be pain, there will be some collateral damage underneath the surface. you've got to live with it. emily: a reminder, catch the david rubenstein show featuring indra nooyi tonight right here
on a: now to an update story we have been monitoring, a judge has ordered avx or pilots to end their strike and get back to work. walked off the job tuesday protesting alleged staffing shortages and more than two dozen flights were challenged -- canceled. the return comes on the eve of one of the biggest online shopping periods, from thanks giving to cyber money. another consumer travel, in the u.s. the holiday season is upon us. for many, that means bracing for long airport security lines, hoping your luggage arrives when
and where you do. but thanks to some tech innovations, this year's journey could be smooth sailing. >> is nothing worse than being when a to do, this, when all you see is this or this. three major airports in the united states, in collaboration with delta, united, and american airlines, have installed so-called innovation lanes just in time for the holidays. the new lanes enable up to five people to load their individual bins simultaneously and moved through security more quickly, thanks to a parallel conveyor system that automatically returns empty bins to the front of the queue. the designers hope is to cut passenger wait times by 30%. in the meantime, alaska airlines has been testing a new system to combat lost luggage. it involves reusable electronic bag tags, complete with screens powered by bluetooth. in radioinvesting frequency identification to improve real-time tracking of its luggage. scanners use radio waves to capture data stored on an rfid
chip embedded in the luggage tag. passengers can track their bags via the delta app. but all this new technology can't promise you a flawless experience. computer glitches can still ground airlines like they did earlier this year. not to mention, mother nature. one more fact to know, according to triple-a, more americans will hit the highways or travel by air or train over the thanksgiving holiday, at the highest level since 2007. that does it for "bloomberg technology." all episodes of the show now live streaming on twitter. check us out at kluber tech tv weekdays. tv weekdays.tech happy thanksgiving, everybody. this is bloomberg. ♪