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tv   Bloomberg Technology  Bloomberg  June 19, 2017 5:00pm-6:01pm EDT

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afternoon. he spent a year and a half in prison after ripping down a propaganda signed in north korea. the u.s. strongly condemned today's deadly terror attack at a london mosque. a van rammed into a crowd of ramadan worshipers last night, killing one person and injuring several others. the u.s. says it will provide any assistance britain should deem necessary. the suspect is under arrest. sean spicer could be out as white house press secretary. two people familiar with the situation tell bloomberg the white house is considering hiring a successor. spicer could be moved into a senior strategy role at the white house. japan is investigating an alleged delay in reporting the deadly collision between a u.s. navy destroyer and a philippine container ship. seven american sailors were killed in the crash. japan's coast guard now says the accident happened about an hour before the philippine crew reported it. global news, 24 hours a day, powered by more than 2700 journalists and analysts in more
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than 120 countries. i'm jessica summers. this is bloomberg. "bloomberg technology" is next. ♪ emily: i'm emily chang, and this is? "bloomberg technology." -- is "bloomberg technology." titans hope to find common ground, despite the growing divide between washington and silicon valley. plus, sheryl sandberg opens up in a bloomberg exclusive. the facebook coo gives us her take on small business, big branding, and cashing in off advertising.
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and blue apron prepares to go public under the shadow of the amazon/whole foods deal. we are looking at how last week's megamerger news could rattle plans and an industry food fight that is starting to get messy. first, tech executives are currently at the white house for the first meeting of the american technology council. among the attendees, apple's ceo tim cook, microsoft ceo satya the della, and amazon ceo -- ceo and amazon ceo jeff bezos. we began by analyzing and auditing our current infrastructure. it turns out that federal agencies collectively operate 6100 data centers, the vast majority of which can be consolidated and migrated to the cloud, something a lot of you know a lot about. emily: we are also expecting president trump to join the
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meeting at any moment. for the very latest, we are joined from washington. what has happened so far? this has now been going on for a few hours. >> we've seen several technology ceos meeting wit -- ceo's meeting with some of the top advisers, including the vice president. they've been talking about how to modernize government. they've been talking about new ways to bring the expertise of the private sector and try to translate it into government, something previous of ministrations have tried to -- previousbeen administrations have tried to do, but has been incredibly difficult. they have also talked about things like the h-1b visit program -- visa program and some areas of concern that the private sector and the technology ceo's have with what president trump has done, everything from immigration to climate to the visa issue. it's been long -- a long and wide ranging discussion.
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it will be capped with president trump speaking to some of these ceo's face-to-face. emily: a number of these ceo's are there as part of a one-off working session. tim cook, for example, strongly disagreed with the president on issues like planet change. is president trump really going to be receptive to what they have to say? >> a lot of these ceo's wanted to have a seat at the table. this is not something they are using as a reason to be part of the president's council. they are just coming to the table to talk to the president and try to have his ear. it doesn't costs them very much to come and try to get the president to move towards their position on a number of different issues, but there are some ceo's, including tesla ceo in london mosque -- ceo elon musk, who decided not to participate in the council because of disagreements over things like climate change.
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they want to show they have an open mind towards meeting with the president. a lot of them were saying that they were grateful to have the opportunity to talk to people like jared kushner, who has the trust of the president and who may be a little bit more open towards their positions on things like climate change. emily: thanks so much for that update as we wait for president trump. after this meeting concludes, what does it mean for the relationship the between tech and washington -- the relationship between tech and washington? alex webb joins us now. a strong showing for a group of leaders, many of whom are quite vocal in their opposition to president trump during the election. >> as toluse raised, it's important for them to have a dialogue with the president. there are issues that are very important to their businesses. for some, it's the immigration question. for some, it's the offshore ability to recapture it money at a lower tax rate -- to repatriate money at a lower tax
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rate. when these issues come to the table, they hope they can steer it in an amenable direction for their business. emily: i spoke to tim cook a couple weeks ago about why he didn't join the council officially. take a listen to what he had to say. tim: i don't find these councils, in general, and committees to be terribly productive. but it wasn't about not wanting to advise on something where i thought that, you know, we could help or we had a point of view that should be heard. so, i'm doing the latter. i can't imagine a situation where i wouldn't do the latter, because i think it's in the best interest of america to do it. i am first and foremost an american. emily: he is there today as part of a one-off. why? he justr the reasons said. he wants to advise on the issues
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he thinks are important. we mentioned repatriation. there are a number of other issues. the agenda today wasn't so much to do with tech policy, as such. how decisions being made in government will affect the way companies are run. it's the other way around, how tech companies can help government run. granular things like cloud computing, access to databases for the public, those kinds of ideas. do you really need top ceo's coming once a month or four times a year to advise on these issues? that's open to debate. he got a chance to meet a bunch of other top layers within the white house administration -- top players within the white house administration. emily: veteran affairs, human rights, cybersecurity. it's interesting who isn't there at the meeting today. alex: mark zuckerberg is not there. we heard already about elon musk.
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there were a lot of other executives who did make it. it was interesting to see who the attendees were. there were people from --tercard, we wouldn't take who we wouldn't typically think of as being a technology company. outspoken of trump's comments about germany, it's interesting that some of these people are in attendance. emily: are we seeing a change, do you think, in the approach of these tech ceo's to washington, despite the vehement opposition initially? alex: there's a certain dichotomy. if you look at social issues and things like immigration, they are stringently -- strictly opposed to what the administration has done. on the other hand, things like deregulation is in a lot of their interests. that's not something the obama administration was able to deliver on to the extent some of these companies might have wished. they might not have entire correlation between what they say in private to the president and his people. emily: alex webb of "bloomberg t ech."
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following, there federal trade commission is challenging the proposed merger between draft things and -- draftkings and fan duel. it would deprive customers of the benefits of direct competition between the two companies. the ceo' of both companiess said in a joint statement that they are disappointed by the decision and considering their options. coming up, our exquisite interview with facebook coo sheryl sandberg. you will hear what she had to say about advertising, facebook's push into video, and its online site -- fight against inappropriate content linked to hate and terrorism. first, the increasing impact of tech on jobs. this is bloomberg. ♪ >> technology is changing the economy. -- technology is replacing jobs. technology can also be used to grow jobs. it's our responsibility to help small and large businesses all
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around the world use technology to grow their businesses so that they can create jobs. ♪
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berlin-based food delivery company delivery hero is planning an ipo, valuing the company at nearly $5 billion. the startup is backed by a german incubator which owns about 35% of the stock. we spoke to delivery hero in september and asked about the growing competition. --amazon would be that the the second or third leg. we can be very targeted in what we are doing and specialize in actually delivering food. emily: sticking with ipo news, blue apron said today it is targeting a $3.2 billion valuation in a u.s. offering. the company hopes to sell 30 million shares for $15 to $17 a
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piece, and it is scheduled to price its shares next wednesday, according to data compiled by bloomberg. tech giantafter amazon aggressively pushed into the grocery sector on friday with the announcement of its intent to buy whole foods. our bloomberg editor at large, cory johnson, joins us with our bloomberg -- let's start with blue apron. the timing interesting. a lot has changed in the last few days. what does that mean for blue apron? >> it's going to be another challenge they will have to justify on this roadshow, which launched today. this is a company that operates in a space -- we know that food delivery is fueled by competition. market operateve in. it's a land grab for wallet share, for customers. this is tricky for blue apron, in that whole foods will now potentially have the logistical empire that is amazon, and amazon customers will have more
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access to whole foods. why is that important? those are the kind of high earner customers, the top 10% of u.s. households, were willing to spend a little bit more -- who are willing to spend a little bit more to get the quality whole foods promises. that happens to be the same group that blue apron is targeting. i spoke to an analyst earlier today who said, look, they are all fighting for the same wallet share of these high-spending customers. it will be hard for blue apron to fight down the value chain. folks are not willing to spend $11, $12 a plate for a box of fresh food, granted, but that might spoil. when you think about where blue apron's growth is going to be, they are going to have to figure out how to make sure that they are the ones nabbing those dollars from the high-end consumers, and not whole foods via amazon. emily: and yet blue apron is a very different business from whole foods/amazon. how does that really change the competitive look?
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cory: yes, they serve food to consumers, but that's where the similarities end. what you see blue apron doing is trying to market really aggressively, because this is a new kind of idea, sending people just the amount of food they need to make for a certain meal with that recipe and delivering on a regular basis. they are spending vast fortunes to do it. alex mentioned their marketing costs. they spent $60 million just last $16 million just last quarter. it was 25% of revenues last quarter. this is an extraordinary amount of money to be spending on marketing. that certainly will help with their ipo, because the name is better, but they are spending like crazy, like drunken sailors, to try to get people into their service. the goal is not just to get the man, but to keep them, and they have yet to show that ability. emily: almost every analyst we speak to says to expect more and -- more consolidation in this space. good blue apron reconsider -- could blue apron reconsider?
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alex: this deal is scheduled to price next week. frankly, given where it is in the cycle of this deal, if something like that was going to happen, it probably would have already. a person familiar with the deal spoke to me and told me that management is focusing on refining its ipo pitch. they are really pushing this lifestyle idea that cory was talking about, how it is different, the fact that it is recipes and prepackaged ingredients, and that that is so different from what a grocery delivery company does. they will be pushing toward addressable markets. only about 1% of all grocery shopping actually happens online. frankly, areas that, amazon/whole foods could help, if people get more used to buying their food off the internet. for sures to be an ipo at this point, but i will definitely be keeping an eye on it. emily: we've got new reporting out about how this amazon/whole foods deal will actually work.
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job cuts at whole foods, price cuts at whole foods. what can you tell us? cory: amazon denies the job cuts, blue we have or the -- have other sources -- but we have other sources saying that will happen. whole foods is about a 5% operating margin. kroger has about a 2% operating margin. amazon is even worse. the focus for amazon in most of its business lines is very different. amazon's overall profit margins are below 2%. they want lots of cash flow and to use that cash flow to reinvest in their business. they are not looking for the very things that whole foods' activist shareholders are looking for. emily: can amazon dropped the price is sustainably -- can amazon drop the prices sustainably? cory: i think they can. they could run this business just for the cash flow, use that cash flow to expand all of their
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businesses, the $15 billion a year topline business. the cash flow generated would be about 14% return. that's a pretty sizable return for them to reinvest that business. that's the way they seem to look at cash flow. they don't need a lot of profitability. the market has not punished them for lack of profitability in the past. emily: what company could amazon possibly acquire next? really hard. is there's a high possibility amazon could completely screw this up. they've screwed up prior acquisitions in the past. they've opened up a lot of products they've had to shut down in the past. this is a very difficult industry. are they going to be very ambitious and do the things we have been talking about with launching grocery delivery, ordering things online, placing them into the cart? there's lots of things they could do with this business, but i wouldn't be surprised if they make whole foods work, grow that business, use the cash flow on their balance sheet for all the other things they want to do, and expand into other areas when
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the time is right. emily: we will be watching. cory johnson and alex barinka, thank you both. coming up, our exclusive interview with facebook coo sheryl sandberg. we will discuss how businesses can use facebook products to grow their brands and create jobs in the modern economy. and some news coming from tesla. the company said to be close to an agreement to produce vehicles in china for the very first time. the agreement is said to be with the city of shanghai and would allow tesla to build facilities in one of its development zones. the actual agreement could come as soon as this week. more details later this hour. this is bloomberg. ♪
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a subscription service for fitness classes in gyms has announced the close of a $70 million funding round. existing investors include crv.
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it has doubled its member base in the last year and has now grown to 35 million reservations today -- to date. global ad executives are convening in cannes, france, this week to talk about how brands can take advantage of new technology. it's happening at the annual innovation festival. sandbergberg -- sheryl is one of the most featured -- exclusive featured guests. caroline hyde joins us with more. what's the main message from sandberg this year? caroline: the key message is about the power of the small screen, the power of targeting. she spoke particularly passionately about facebook and how it can help businesses grow, helping small and big companies just access new customers and build communities around their brands. take a listen. sheryl: what we are seeing is more adoption of the mobile
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platforms. there are 70 million small businesses that are using facebook on a monthly basis. that's our free product. 5 million advertisers. have 8 millione instagram business profiles, of which one million people are advertisers. from the very smallest company to the largest, they are investing in mobile, because that's where people are spending their time. caroline: do you feel optimistic about what these undercurrents show you about the u.s. economy, about the global economy in general are we seeing -- in general? are we seeing jobs being created? can you give us a gauge as to what you see out there? sheryl: our goal is to make sure businesses spend money and get a return, so what matters for marketers is when they spend on marketing, it rings the cash register both online and off. that's something we are working on. we see small business as playing a very important role in the global economy. the majority of job creation in smallrld is in
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businesses. even the most off-line small business can use the power of technology. when i was last in europe, i went to berlin. i got to visit a company, a furniture manufacturer, manufacturing wooden furniture. it's a very traditional business. the son came into the business and did not change anything about manufacturing, but started marketing on facebook and facebook mobile. they have grown their business and open five more locations, including outside of germany, creating jobs, growing their business. technology can power innovation, both in the core of the business, but also can support any business out there. caroline: and so, when people worry about tech eroding jobs out there, are you seeing the other point of view? sheryl: technology is changing the economy. technology is certainly replacing jobs. technology can also be used to grow jobs. it's our responsibility to help small businesses and large
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businesses all around the world use technology to grow their businesses so that they can grow jobs. caroline: interestingly, when we are seeing, perhaps, a drive towards job growth, we are also seeing valuations, for example, of technology companies go through volatile times. does that ever affect you? does that affect the way in which you look at the world? sheryl: my job every day is to work on growing facebook, helping more people use facebook and instagram and messenger and whatsapp. more people get value from the products and services and more businesses. i feel like as a business leader, if i focus on our business, that's where my focus needs to stay. emily: just the beginning of our exclusive conversation with facebook coo sheryl sandberg. coming up, you'll hear more of her take on the ad market and what the company is doing to combat terrorism activity on their site. if you like bloomberg news,
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check us out on the radio. listen on the bloomberg radio app,, and in the u.s. on sirius xm. this is bloomberg. ♪
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jessica: you are watching bloomberg technology. let's get a check of your first word news. 22-year-old student in north korea in a coma has died.
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he spent a year and a half in prison after ripping down a propaganda sign. he returned with severe brain damage. president donald trump reacted to the news a few moments ago calling north korea a brutal regime and at least he was able to get home to his parents. in paris, french police have removed the body of accused of ramming a van into a police van france's anti-terrorism prosecutor has opened an investigation. no people on the street were hurt. talks kicked off in brussels today to initially marked the beginning of the end of britain's membership in the eu. david davis said things have gotten off to a promising start. he says the priority is to assure u.k. citizens who live in the eu and people in the eu in britain. three days after president trump sign his new cuba policy, the nation is responding.
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cuba's foreign minister is rejecting the rule, saying cuba will never negotiate under threat. he also says american fugitives who have received asylum will not be returned to the u.s. global news 24 hours a day powered by more than 2700 journalists and analysts. i'm jessica summers. this is bloomberg. 5:30 p.m. in new york. i'm joined by paul allen for a look at the markets. good morning. . paul: it is looking like a bright day across the asia-pacific. nikkei futures pointing higher. later on, convenience stores and supermarkets sales for may out of japan. futures looking positive as well even though it is only eight points. we will keep an eye on the big banks this morning after moody's downgraded all four of them from a3 over concerns of what
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has been happening in the housing markets in australia. weak wages growth among the reasons given. those themes sound familiar because they are. we are expected to hear them from the reserve bank of australia later today. when the minutes of the june meeting gets released. the chances of a further cut are possible. the pboc governor will be speaking in shanghai so watch out for that. more from bloomberg technology, next. ♪ ♪ this is bloomberg
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technology. i'm emily chang. sheryl sandberg takes the stage at the annual ad festival this week as the social network increasingly dominates the multibillion-dollar ad market. this is bloomberg technology. i'm emily chang. sandberg spoke exclusively with caroline hyde. what did she have to say about the evolution of facebook's ad strategy as the market shifts? caroline: the focus is still mobile. it is unrelenting at facebook. facing this shift towards mobile, they want the content created by the advertisers for that medium. do not try to repurpose a tv ad. make it for the mobile. we spoke about this year about the sheer amount of time people are now addicted to the bones and the opportunities this gives across the product. yl: the small screen is big. people have moved to mobile and businesses are catching up. it is now the case and that the average u.s. consumer -- and these numbers are duplicated all over the world -- spending about four hours a day, the majority
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of which is mobile. it is really an exciting time to be a marketer because people are carrying around in their pockets this device that lets you reach them all of the time. and brands, products, services have always been part of our daily lives. to the shampoo we use to the car services or the cars we drive, all of this is part of our daily lives. now marketers can reach us socially with messages we want to hear as part of our daily experience. that's pretty amazing. the explosion of creativity at the advertising festival is about the creative community. how to re-create messages that really resonate with people and that want them to be part of their daily life. caroline: this is almost playing into the discussion that mark zuckerberg started this year of community building. off-line and online.
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how can they play into that? sheryl: communities are very important and we are focused on how we build communities that provide support for people off-line and online. brands are a huge part of that. airbnb has this great off-line experience where people can rent houses and then they created online experiences with facebook groups. even if you are not on, you can be connected to the people who are part of it. caroline: what about the various products? you talk about airbnb making a good run of it at the moment. what about messenger? whatsapp? what about instagram? how are these products being adopted in the growth you are seeing? sheryl: people are using all of these different platforms. we have the two largest mobile what about instagram? how are these products being ad population in the world and
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we are seeing people really use that to build their businesses. there is a young woman in brazil who started a company. their idea was to sell fashion accessories. they are using facebook. instagram, she was able to use her advertising and able to target those ads to people interested in fashion accessories. 79% of the business she had was through instagram. we also see the largest ad agencies, clients in the world figuring out how to reach people and create that work for facebook, instagram. we are starting to learn a little more about how businesses into right on messenger as well. caroline: what about video? the real explosion has been what facebook really driven forward. come within videos and run on facebook. how is that being adopted?
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sheryl: marketers have always loved video because it is a great way to tell a compelling story. i think this community is increasingly understanding and we need to do better, is that you have to create the video for the platform. were people ads reading their radio ads. people can see but when tbe evolved, it was created for tv. a lot of the first video ads in social space were 32n0-second tv spots which can work well. caroline: when you think of brands putting their money to $70 billion is currently spent on tv. howhow much of that will go to e digital space? sheryl: marketers should reach people on tv, on mobile, on the space.
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they should region people everywhere they go. how they reach people needs to revolve. space. evolve. we think we offer a very unique proposition for marketers because you can have the creativity of the medium, of sound, of light and pictures which can also do very specific targeting. you can target your current customers differently than new customers. people in the market for a car, people who look like they are in the market for a car, you can make sure the right message gets to the right person. emily: caroline hyde still with us from london. sarahoomberg colleague frier has a new story about the facebook push into original content. is it about getting more tv ad dollars? caroline: there, it seemed as though sheryl sandberg, people are putting money into television, but you now have to amounts intoore
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movbile. $70 billion is how much is spent on television advertising. i wanted to know if she thought that would move to digital. whether 2016 was the first year we saw digital ad spending overtake television ad spend. they are certainly trying to play catch-up with youtube and push the online content as a mode of television. it seems as though they are not trying to pull away from tv. they are going to do both. new ways and means of getting the share of revenue, some of them are getting exhausted by the process. you have your video roll out and the advertisement goes halfway through, it is given to
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the content provider as well. emily: we will have more of your exclusive conversation with sheryl sandberg coming up. first, combating terror online and solving tech diversity problems. this is bloomberg. ♪
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alphabet's google is wrapping up its efforts to suppress terrorism related video. google is identifying extremists and terrorism related video across a site which includes youtube and will boost the number of people who screen for terrorism related content. it is a response to u.k. google is identifying extremists and terrorism relatedlawmakers t
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is a petri dish for radical ideology and pressured to quickly remove posts by terrorist groups after seven people were killed and 48 injured in london earlier this month. another tech giant under pressure from the government to combat extremists is facebook. the platform recently announced it would increase its use of artificial intelligence to remove inappropriate content. we will send it back to caroline hyde in london. you spoke to sheryl sandberg about this. what did she have to say? caroline: an interesting discussion wit her. we discussed what is inherently in incredible issue. we discussed it at length. we talked about how the company is tackling extremist posts and working with the government to counter the hate speech. sheryl: there is no place for any of this on facebook, no place for terrorism and we take that responsibility very
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seriously. we just announced last week we have been working on this for a long time, we will continue to work on it, but we have next steps. finde using ai to help us any content that may be inappropriate and get it off even faster. we are making a big human resources investment. we already have researchers and law enforcement and terrorism experts to work at facebook but we are growing that including our human capacity. we have 4500 people around the world to review inappropriate content. we are growing that by thousands. we are working with nonprofit governments, other companies around the world to make sure we all work together to make sure this content is not on our platform. for brands, we offer a lot of tools to know where their ads can show and know that facebook is is a community for
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them. caroline: you say you are working for nonprofits and governments. how are you in europe talking to governments? are you worried about the talk about encryption and some of the fines? sheryl: we are in constant conversation with the government on issues of security and issues that affect all of us working together. we have worked with government to talk about initiatives, occi. online content initiatives where governments can not just make sure terrorism is prevented but get counterterrorism work. getting positive messages out there that stop people from doing things that obviously hurts many people. we also work with law enforcement officials all over the world to make sure that if there is anything we can do to support their work, we are able to do in this area. caroline: you launched in
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berlin, the online civil courage initiative. a counter narrative. therefore, howx, do you think you can understand if you are improving -- what is the end goal or target? to make sure the numbers come down? what would you count as a success? sheryl: success from a company point of view is to make sure there is no inappropriate content of any kind. hate, violence, terrorism. we take our responsibility even moresheryl: success from a compy broadly. we want to contribute. over the past several years, tech companies have started working together, sharing information. when anybody identifies somebody that think they put content, content, we know we have a broad response ability to do everything we can in the face of some of these threats to protect people.
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we take that very seriously. caroline: even though we are in the early days of brands, the terrorism element and fake news, do they feel this is changing? know facebookds is a safe place for them to be. brands have a safe way and contextually safe way to communicate on facebook. caroline: i think what is also fascinating -- you talk very passionately about this element. talking about diversity. this is something we are seeing now, brands becoming potentially involved in. what are your messages to brand to keep on drawing diversity, not only within companies, but also in advertising? sheryl: brand seven important role to play because people see so many marketing messages. people can see hundreds of marketing messages a day. that means if we market products and services in a supportive of gender equality way, supporting
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female leadership, we can really make strides towards gender equality in the world. the foundation will announce the grass line. it is an award given every year yearnnes to the ads of the for gender equality. g won whichp& showed a man seeing a woman doing all the housework. leaving his house and offering to do laundry. caroline: talked to was about diversity. i'm a female looking to get a job and technology at the moment. i look at uber for example and maybe i am being passed. what advice might you give to uber answer the people wanting to get into technology right now? sheryl: obviously, the reports
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of what is happening at uber are super troubling. i'm glad they are taking action and all of us need to do more. we definitely need more women in the tech field. we also need them in leadership in every industry in the world. we have these same issues. in technology, we have a special concern and opportunity which is that women are not studying computer science. in 1985, women were 35% of computer science and now we're down to 17%. we know girls are ou outperformg boys in schools in most countries of the world. all the way from elementary to university. we need to pursue our daughters and people of underrepresented tech is for them so we can make sure we can represent diversity in the people we serve. emily: sheryl sandberg with caroline hyde.
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thank you so much for that interview from london. you can watch the full interview on we are getting headlines from the tech summit in washington. president trump has spoken to executives in the last hour. apple ceo tim cook made some saying the u.s. should have the most modern government in the world. we will continue to monitor this meeting for any headlines and bring you as we have them. this is bloomberg. ♪
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emily: we have got some news on tesla. they are said to be close to an agreement to produce vehicles in china for the first time. news on tesla. it would allow the company to avoid an import tax and price cars more competitively in the auto market. joining us now to discuss is our tech reporter who covers tesla. imminentis an
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announcement for tesla to produce vehicles in shanghai. we are hearing this from china. not a lot of details on who the partner would be but this would be a huge move for tesla to become a global automaker. emily: how significant is this? dana: pretty significant because right now auto companies cannot produce in china unless they have a local production partner and without that it is high. having a local partner would allow tesla to access china. could how big of a market china be for tesla? dana: we are seeing signs that sales of the model x are doing really well. in the wake of the paris agreement, china is the leader on climate change. emily: also, there are two upcoming spacex launches. what can you tell us? dana: the next one is the
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bulgaria satellite. the launch has been shifted around but it is now scheduled on friday from cape canaveral. on saturday, they will launch satellites. they could potentially havethe d twond but it is now back-to-back launches from either coast. emily: what is the significance of these launches? dan two back-to-back launches from either coast. emily: what is the significance of these launches? dana: what you are really seeing is spacex has come back from the mishap of last september and they are launching rockets on a regular basis. they want to launch 24 rockets this year. if they get that, that would be incredible. emily: what are they two back-to-back launches from either expecting? launches could shift a lot because of last minute issues or the weather, but if they launch one rocket from florida on friday and another rocket from california on saturday, that is pretty unprecedented. emily: put it in the big picture for us when it comes to the space race, the private space race.
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dana: spacex is really focused on dragging down the cost of space and reusing rockets is a big part of that. they had a big milestone in march were they reused a rocket for the first time. they are going to be launching rockets on a more regular basis. the more they launch, the cheaper it gets. we look forward to those this weekend. dana hull, thank you so much for joining us. of, nasa as found evidence of 219 planets outside our solar system. 10 of those planets appearing to be similar to the size of earth. the planets orbit their stars in the goldilocks zone, just far enough away to develop water but not so far that they freeze. plar has now identified 4000 planets. that does it for this edition of bloomberg technology.
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tomorrow, we will hear from adam salipski, discussing their growth in europe. check us out on twitter. and 2 p.m. inyork san francisco. that is all for now. this is bloomberg. ♪ and 2 p.m. in san francisco.
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announcer: from our studios in new york city, this is "charlie rose." jeff: the russian ministry of defense announced on friday that a russian airstrike may have killed the leader of isis, abubakar al-baghdadi. it is far from the first time the leader of the islamic state has been reported killed or wounded. the report remains unconfirmed. how likely is it baghdadi is dead, and if so, what would isis look like without him? michael weiss is an investigative reporter for cnn and the author of "isis: inside the army of terror." michael, so good to see you. michael: thank you for having me. jeff: the big qualifier is we


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