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says anthony scaramucci has no role in the administration at this time. scaramucci was removed today as communications director after 10 days on the job. sanders says all staff members plan to remain. they will report to new chief of staff general john kelly. meantime, president trump says retired -- says kelly will do a fantastic job as chief of staff. the former homeland security secretary was sworn in this morning, replacing rights previous. ebus. lacing reince pri according to a person familiar with steve bannon thinking, he supports a 44% top income tax earning moreicans than $5 million per year. the money was used -- was to be used for middle-class tax cuts. sam shepard has died. the playwright and actor and author died last week of complications on lou gehrig's disease. he was 73. in los angeles, they have reached a deal with olympus --
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olympic leaders that will help them post the summer games. global news in more than 120 countries. this is bloomberg, and "bloomberg technology." is next. emily: i'm emily chang. this is "bloomberg technology." softbank's and game. another run at the u.s. cable market with a direct offer for charter. why the move to acquire america's second-biggest cable company is the billionaire's most ambitious target. the model three kicks off a new era in electric cars. will tesla deliver?
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we look ahead to tesla's earnings report. all bets are on after 400 million shares of snap hit the market. a look at the lockup expiration of that investors have had their opportunity to sell. the turmoil continues in washington. anthony scaramucci has been removed from his new job as white house communications director just 10 days after he joined president's staff. the white house said, "mr. scaramucci felt it was best to give john kelly a clean slate and the ability to build his own team." sarah huckabee sanders --mented on the exit of the during the briefing. >> he does not have a role in the trump administration at this time. we put out a statement earlier, announcing that. i don't have much else to add. emily: we are joined by alex in washington.
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that was fast. what do we know about what went down? >> it was a memorable 10 days. here is what we know. either anthony scaramucci decided to resign and offered his resignation to john kelly, or john kelly asked him to his authorityng over the white house on his first day on the job. something sarah huckabee sanders said she told an money she wasn't going to talk about it anymore was that john kelly now over all authority personnel in the white house. everybody answers to him. that wasn't the case before he came on the job today. even steve bannon, jared kushner report to john kelly now. before him, they reported to the president. emily: interesting. what moved we expect john kelly to make? how will he remake the white house team in his image? >> this is the big one. sarah huckabee sanders said no one in the senior staff will
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leave immediately. one question is, sean spicer's future. he quits 10 days ago, the same day anthony scaramucci started his job. we wonder now whether sean spicer might return to some kind the white house, maybe communications director. that job is open. emily: we have yet to hear anything from scaramucci. any word on his view of how this went down? >> no. you will remember last week, the new yorker published an inflammatory interview with scaramucci in which he profanely criticized both reince priebus and steve bannon. the interview didn't go over well in the white house. he has been quiet. he hasn't returned our calls or emails. you haven't seen him on television. before that, he was a big advocate for the president on television. he has gone radio silent since then. emily: i have his twitter account up.
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i will let you know if anything changes. washington, thanks so much for the update. now to a story we are watching. softbank is determined to use charter communications to get into the u.s. market. softbank's planning to make a direct offer to charter. earlierrejected an proposal by sprint, which is controlled by softbank. this would mark the most ambitious target for a company valued at $101 billion. does softbank have the capital to get the deal done? join us -- joining us now is peter. and paul sweeney. are hishat exactly aims? >> he has been looking for a solution to the sprint business. he bought into sprint when it was the number three wireless carrier in the u.s. it has fallen behind t-mobile and is now number four.
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it looked like the simplest deal was to combine sprint and t-mobile. it looks like there is a more accommodating administration now in the white house, but given that the option is a little complicated, he is looking for something more ambitious, therefore the gambit for charter. charter came out and said, we want no part of sprint. sources tell us that his son is looking for a bigger deal were softbank and charter would be combined. emily: is charter more likely to do a deal? >> they have been clear that they don't want the deal. it is run by the management team, which has been successful. tom rutledge has been successful as ceo. they think they can push up stock prices on their own and don't feel like they need to buy the struggling wireless business in order to do better. emily: what are you hearing in terms of the willingness or unwillingness on charter's side? >> charter really has no interest in sprint per se, at least not at the current
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valuation. the question for big cable companies, charter and comcast, is, do they need to offer wireless business? if they do, do they need to own the economics of a wireless company or can they partner with an existing wireless company? wet week, comcast's ceo said don't need to own a wireless company. we are happy partnering with existing wireless companies. charter has been in that camp, as well. the question for the deal with would be,d softbank what does john malone what to do? john malone is involved in the transaction. he is a significant shareholder of charter, and the question is, does he want to get in bed with softbank and all the issues with that company? emily: does softbank have the capital to pull it off? son has been very creative.
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he closed the vision fund with oftial capital commitments $93 billion. he says he wants to take that $200 million. in japan, the banks have lots of cash. they are offering negative interest rate to lots of borrowers and they are able to lead. softbank has been a solid that in the past -- a solid bet in the past. they own a stake in alibaba that is right now worth over $100 billion. if there is a weight -- a way to extract that capital, they could go after charter and put together a deal. enormous and have a lot of risk built into it, but it seems like they would be able to get the cash. shake upw would this the ecosystem? >> this would be a big transaction. there are four wireless players in the u.s. that is one too many. pressure been a lot of
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with wireless in the u.s. for those players to get together, t-mobile and sprint. that makes the most strategic logic, but to the extent that sprint can't get a deal done, it has been looking for any partner whatsoever to do a deal with to balance sheet and shore up its position in the marketplace. charter is the latest name on the list. emily: peter, we have reported softbank plans to take a big stake in uber, that some uber investors wanted this to happen and travis kalanick started negotiating this before it resigned. what do we know? >> it is interesting to see how son has been interested in this ride hailing business. td is the biggest player in china with $5 billion in the company. he has looked at southeast asia. uber would add to that and give them a global presence in ride
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hailing. it is unclear whether antitrust regulators would be ok with that or if uber's backers would be ok with the deal. emily: we will keep watching. tokyo, introm from town. paul sweeney of bloomberg intelligence, thanks so much for joining us. snap deal has rejected a $950 million acquisition from a rival. the two biggest local players in india's e-commerce discussed joining forces to compete against amazon. softbank owns a most a third of snap deal. snap deal opted to sell off assets. coming up, podcast efforts. what it means for the potential ipo. we are live streaming on twitter oombergtechtv. this is bloomberg. ♪
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♪ emily: a stock we are watching, pandora shares surging as much as 7% in after-hours trading. they posted better-than-expected second-quarter revenue. they are up 10% year-over-year. this is pandora's first earnings report since they sold in 19% stake sirius xm and dismissed their ceo. sticking with music streaming, the number one paid music streaming service, spotify, is expanding their business model again. this time, spotify is eyeing a growing demand for podcast, a field dominated by apple. they plan to experiment with new media, increase the time customers spend on the app, and
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boost their ad sales. here with more is caroline hyde, with us from london. tentative steps for spotify. what have they agreed to so far? >> a bit of backscratching so far. i will start to promote podcasts -- they will start to promote seeasts, and you might advertising on billboards and buses. they want podcast to promote spotify. simmons podcast, podcast america, there is a deal going on. you might have already seen that there -- go into andreessen and horowitz's podcast. they have been playing this up behind the scenes. they commissioned original contest -- content on the music business. they are expanding that and will
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be commissioning a new batch of original podcasts in the coming months. this is a team move. emily: is it about diversifying business model before an ipo? >> i think it is. the share listing is coming up in october. ramp up looking to where they get the revenues from. they have to give away so much in terms of royalties to music labels. they are looking at new areas of growth and wooing advertisers. the teenagersn and adults in america, 15% of them come are listening to a podcast for week. this could be monetized. we understand avid -- advertising revenue is set to grow 45% this year. than $200 be more million. it not only helps with advertising, but it also helps with the spotify app itself, because they don't want you going into an apple app while you are using spotify. they don't want you going into
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rivals like soundcloud and pandora, which has its own podcast. addicted to keep you overall. what is interesting is, music labels want them dabbling around the scenes. they like the fact that spotify has injected growth and the music industry. they have played around with television, as well, and video. that hasn't worked, but we will see how they ramp up podcasts. emily: let's talk about soundcloud, a force in europe. spotify was at one point eyeing soundcloud. what is going on? >> another desperate attempt, it would seem. growths such a beacon of and a standup performer in europe. in berlin, i used to talk a lot, they had real problems. they have been closing offices in london and san francisco. they had to axe 40% of their
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workforce and they are looking to sell a majority stake to two privates -- private equity companies. they are close to deals with selling these two particular stakes. it would hand over control of would notablyt it give them some cash to keep funding themselves. this is still a company that is loved by independent musicians in particular. they have 175 million unique users per month. compare that is spotify that has 140 million. -- compare that to spotify that has 140 million. a lot of people love the content soundcloud brings. -- never been able to monetize it or charge for subscriptions. they haven't gotten off the ground enough to make money. it now seems like another area they are trying to push into keep themselves approach -- a float. spotify wasn't going to take one billion euros that they wanted and say, it looks like private
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equity is the way out. the deal is not done yet. it could all still unravel. emily: thanks, caroline, for the twists and turns. coming up, apple complies requests, using -- removing vpns from china. we will discuss that. plus, here it is. the brand-new tesla model three. the big question is, will this be just another electric car, or a car that will change the future of all cars? ♪
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♪ in thea big takeover cable tv business. discovery communications agreed network, thes parent of the food network.
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the deal is valued at over $14 billion. this could help discovery cut costs come again negotiating leverage and expand internationally. to fall afters unveiling its model three. however, optimism about the electric car has contributed to the shares climbing 53% this year. elon musk said ahead of friday's events that tesla took in over 500,000 deposits on $1000 apiece. will the car live up to the hype and appeal to the masses? joining us is our reporter who color -- who covers everything tesla. elon musk drove up onto the stage and jumped out like a rock star. very positive. this is part of the tesla dna. it wheels like a tesla. it was designed by the same design team. you look at it compared to the other cars and it is part of the tesla family. people are happy with this. emily: the big question, here he
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is, we have to watch. stepping out of the car, lots of applause. can teslaestion is, deliver? there was a moment on stage where he it knowledge, yes. we are entering production hell. will the inwe production hell. welcome. [laughter] welcome to production hell. we are, for at least six months, maybe longer. but you guys know that you are veterans. you have been through this. i have been working alongside you, and if you are going through hell, keep going. is he saying they can make 20,000 model threes per month by december? do you believe it? >> that is a steep production ramp. that is why you are seeing
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shares fall today. the model three launch was supposed to be a big event, like, the car is here. he talked about production hell after they went production hell already with a different model. i thought the model three was designed for manufacturing, was going to be easy, they had learned their lessons. he is signaling that the ramp is going to be challenging. he is holding to the volume figures, but will they be produced with consistent high-quality? emily: you have reported on turnover at the company, especially in the executive ranks. how could that impact their it ability -- their ability to get it done? >> tesla has always had turnover , like many companies. i haven't heard high-level production executives liebling -- leaving recently that there is a question about autopilot. the reviews i have read thus far have not included cars that had autopilot so i'm not sure where that stands or if they are waiting for the next version. there is a lot of risk. there is a lot of opportunities. that is what makes this so
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compelling. emily: the majority of people are buying cars for less than $25,000. this car is $30,000. more if you do the add-ons. will this reach a mass-market? x that is what investors have held on. $35,000 is bare-bones. if you want a color besides black, autopilot, a long-range battery, you quickly get to $59,500, which is the fully loaded car. 59,000rket, to me, dollars is not mass-market. there's the question of tax credits, which phaseout over time. they are not making the $35,000 car until later this fall. there is a western as to wherever you are in the queue and what kind of car you will get as to whether you will qualify for the tax credit. emily: earnings are coming up. what do you expect? >> china is a huge market. will he talk about china and
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autopilot parity? what is happening to the sales of the model x and the model s? are they being cannibalized by the model three? how will they get people to buy? you need to sell cars while you are producing this one. emily: some people say the model three launch could be as big as the iphone. it brings us back to the question, is this going to be a just another an electric car or will it chase -- change the future of how we use cars? unprecedented in the auto industry for there to be 500,000 reservations for a car that is not out yet. that is amazing. have a million people, largely in the u.s., placed deposits for a car they might not get until 2019. that is unheard of. will the reservations translate into sales? that remains to be seen. hull, thanks so much.
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coming up, snap shares trade at peak volumes. insiders have their first chance to sell. we will look at what the heads of the company say. if you like bloomberg news, check us out on the radio on the bloomberg radio app, our website or sirius xm. this is bloomberg. ♪ who knew that phones would start doing everything?
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no one else lets you do that. see how much you can save when you choose by the gig or unlimited. call or go to xfinitymobile.com. xfinity mobile. it's a new kind of network, designed to save you money. ♪ >> i'm mark crumpton. let's begin with a check of the first word news. deputy white house press secretary sarah huckabee sanders says former communications
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director anthony scaramucci has "no role at this time" in the administration. she reiterated that john kelly is now in charge. a i think we have made clear few times over the course of the last couple days, general kelly has the full authority to operate within the white house and all staff will report to him. >> the trump administration is imposing sanctions directly on venezuelan president nicolas maduro following sunday's vote to write -- rewrite his country's constitution. >> i said this generally, we very much believe that sanctions do work and we will continue to monitor this situation in -- and consider additional sanctions. >> the treasury department's designation is an unusual move against the foreign leader. an official crucial to running kenya's election, reported missing a few days ago, has been
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found dead. the electoral commission chairman said the officials body showed signs of torture. there are concerns about further tolence as kenya transitions biometric technology to reduce voter fraud. global news, 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. im mark crumpton. this is bloomberg. inis just after 5:30 monday new york. my colleague paul allen has a look at the markets. a bit flatoking around the asia-pacific today. the nikkei futures, looking a little weaker. waiting on earnings from sony, honda, and mitsubishi. asx futures looking flat, as well. the miners will again be in focus. we saw another big surge for iron ore overnight. we saw strong chinese manufacturing data on monday.
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futures for iron ore in delhi were up. it has been propelling the aussie dollar elan strongly. commentaryt of the from the reserve banks cash rate decision today. the cash rate except it -- expected to stay on hold, but the dollar has been creeping up so we might see job owning from the governor. elsewhere, we are waiting on south korea july cpi that is expected to through -- show strength. china's ties shin manufacturing lee will be back in the courtroom in south korea. ♪ emily: welcome back. now to snapchat. snap chairs feeling the pressure.
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parent company of snapchat dropped 1% after a roller coaster day of trading. shareholders got their first opportunity to sell since the march initial public offering. joining us for more is sarah, who covers snapchat. we have a chart that shows trading volume, 49 million shares of snap traded today compared to an average of 15 million. what's going on? >> it is the first day that some insiders can sell shares, so when you are going from being a private company small valuation, now it is public, but i think the reason we haven't seen the stock dropped is, many people were predicting it would drop 1% but not any crazy margin, it is already near its all-time low. too close to the earnings report, where people will get a lot more information about the company's trajectory. that is coming up on august 10. so people are trading, and there
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is a lot of interest, but there is not a lot of new information. emily: what are we expecting to hear an august 10? >> everyone wants to know about growth. both growth in terms of the user base and in terms of the revenue. the last earnings report, i think your member, stocks dropped incredibly, more than 20% because of concerns that the company was just not growing as exponentially as people expected given the excitement around the ipo. emily: is this typical? with facebook and twitter, did this happen? >> yes. there is always a lot of pressure on the stock and there is always a spike in volume. some insiders will have to wait a little longer to sell, so this is one of many expirations we have seen. sharest know how many were available to be sold today. just estimates out there, jpmorgan said it is around 400 million. emily: there are concerns over
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executive turnover. we heard reports of executives leaving. >> they just replace the head of hr and the head of legal. this is something we have seen with facebook after their ipo. a lot of people who have been there for a long time, taking the company public, they feel like they have accomplished something and they are ready to move on. there is always a mix of reasons. we can't say for sure. maintained that copycatting is a form of flattery. do we think he will change his tune when it comes to this and facebook making more moves on snapchat? >> i think that is top of the mind with all analysts covering snap. moore scaredn about facebook and what they have done to copy the product? the company is holding fast in their claim that they have .omething different it might be to their detriment. one thing they have been saying is that they don't care as much about people having more friends
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than they do. they are willing to keep it a small community. they don't want to be like getting so terms of big that it becomes less intimate and less cool. but what might happen is, it might hamper their ability to grow this network and therefore, the a more formidable company in terms of attracting advertisers. that could be one area that people drill down on in august. emily: i know you will keep us updated. sara, thanks so much for stopping by. over the weekend, hackers exposed flaws in u.s. voting machines at a security conference. the first vulnerability was found within 90 minutes. concerns about election hacking spiked after u.s. intelligence groups said russia had attempted to interfere with the 2016 election. joining us from washington, anthony, senior managing director and head of cyber
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security at a business advisory firm. what is your reaction to the fact that in 90 minutes, a voting minute -- a voting machine could be hacked? >> i think this is a serious topic. it involves our electoral process. given the current climate, this exercise, this was a necessary exercise as we work as a cybersecurity community to understand the vulnerabilities in our electoral process, in our electronic voting machines. i applaud the cybersecurity community. i think it is a necessary step as we work towards a more secure electronic voting machine. not enough attention is given to the topic over the years, and i think it is a step in the right direction. you haveterestingly, federal and state officials saying it would be extremely unlikely for hackers to try to change votes, to manipulate vote tallies. does that matter? >> yes. of course that matters.
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in reality -- emily: what is the point of hacking a voting machine if you don't change the results? >> of course, we want to ensure the public has confidence in the devices they are walking up to and using to cast their ballots. to actually affect an election at the scale necessary would be extremely difficult to do without being detected. research has gone into this of the last few years, and certainly leading and the 2016 presidential election, but it doesn't negate the fact that we toll want the community recognize this as an important topic, and we still want to take necessary steps to ensure that people have confidence, the public has confidence as they cast their ballot in whatever election, presidential, state, or local. emily: you used to work at the fbi. i'm curious about your thoughts on state-sponsored hacking, especially when it comes to russia. what is the biggest risk?
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there are many risks involved with cybersecurity, and that is one thing we do when we work with clients. we advise them, you have to understand your threat landscape . what are the attackers, what are these malicious hackers going to try to do to your firm? there are many different malicious cyber threats that exist on the public internet. of course, in gooding and criminal syndicates. of course, the risk is varied. they run the gamut. it is our job as a cybersecurity community to identify the risks and educate people so they can manage those risks and minimize the effects of the cybersecurity risks. emily: when it comes to something like voting machines, is there no such thing as hack-proof technology? it that is the case, what is the best option? >> i don't think this is just a voting machine problem. i think, as our technology continues to evolve over the
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next 10-20 years, remember back when president obama was elected to office, the iphone had just been introduced. instagram was just gaining popularity and bitcoin didn't exist. those are now commonplace technologies that we use every day. the reality is, as technology continues to would vance, we need to stay one step ahead of the technology, and we need to identify those cybersecurity risks and try to minimize the risks to certain entities. that is what we can do as a cybersecurity community. that is what the government can do to their people -- do for their people, is work diligently to get in front of the risks and identify them and try to get in front of them so they don't actually have any negative effect on the people or the people using the technologies. emily: anthony, senior managing director and head of cybersecurity at a consulting firm, thanks so much for stopping by.
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another hacking headline, hbo says hackers have stolen upcoming programming. according to reports, the theft includes a script from a yet to be aired episode of "game of thrones." hbo's chairman didn't acknowledge that there was a cyber incident -- the -- they did it knowledge that, which included some of its programming. tighteningchina is up on assets, causing apple to make a change in the app store. we will tell you the details next. a reminder of our new interactive tv function. you can watch us live, you can go back to interviews, you can play along with charts we bring you on-air. this is for bloomberg subscribers only. check it out at tv . this is bloomberg. ♪
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♪ emily: now to a new development in a story we have been monitoring. apple has removed some virtual private network apps from its stores in china. the move puts apple in line with china's decision this year asking all developers operating vpns to develop -- to obtain a government license. apple says the vpn apps remain available and although there -- in all other markets. these networks are one popular
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way for foreign businesses in china, along with visitors, to access and websites like twitter nned websites-- ba like twitter and facebook. i recently spoke with adam siegel, senior fellow for the council on foreign relations, about the tightening of internet access in china. >> it is part of a long-term trend. ever since xi jinping took control, he has tightened control over the internet and civil society more broadly. even if this seems to be a temporary bump in front of the party congress coming up in the fall, i suspect it will continue in other ways as we push past that. emily: in one of the more alsore turns, we are seeing the blocking of online images of winnie the pooh comic thing online commenters, saying there is a likeness between winnie the pooh and president xi jinping.
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what do you make of that? >> it is an example of the cat and mouse game that happens between chinese internet censors and chinese users. users come up with a way to get around the sensors, either pictures or homonyms or chinese characters. die centers figure it out -- the sensors figure it out and try to block it. it makes chinese leadership look insecure, that they feel they have to block pictures of winnie the pooh, but it is clearly an example of this kind of arms race that happens. was the oneapp social networking chat service, u.s. or american chat service, available in china. now, even that is partially blocked. what does this signal to facebook and google and the other big u.s. tech companies? >> it is bad news for facebook. facebook has been looking for ways to get into the china market. we know that mark zuckerberg has made numerous visits there.
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he showed off his chinese. he welcomed chinese leadership to facebook campus. it is clearly a sign that the chinese are not ready to allow u.s. social media, u.s. communications companies, to do very well in the chinese market, even if they agree to some types of censorship and control. emily: you think there is anything that can change the course of these restrictions? under thisthink so, currently to her ship in china. i think they have made it very clear, not only from a political control's perspective but the division of what they call cyber sovereignty or internet sovereignty, that the chinese have a right to control their internet and their cyberspace and the ways they see -- in the ways they see fit and that involves blocking information from the outside bc as threatening to regime stability. -- they see as threatening to regime stability. emily: what's next?
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>> further tightening in the run-up to the party congress. we may see pushback on the vpn issue and the blocking of the virtual private networks, because they are so important to foreign businesses in china and chinese scholars and others who use google scholar to keep in recentith the most scientific outreach. but even if that were to happen, i think we will see a continuing , filtering,trolling censoring of the chinese internet. emily: my conversation there with adam, senior fellow at the council of foreign relations. coming up, apple earnings are less than 24 hours away. investors waiting to see any details on the next iphone. we have what you need to know. tuesday on bloomberg tv, oaktree capital group's howard will be a.m. in san5:30 francisco. this comes a week after he sounded the alarm about stocks.
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this is bloomberg. ♪
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♪ yft has a new board member. valerie jarrett joins eight other board members. she writes that she shares a believe that affordable transportation impact social mobility and approves -- improves quality of life. by this time tomorrow, we will have the earnings report from apple, the largest company that will be giving its latest numbers on iphone sales. i had of the iphone -- ahead of the iphone release.
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what are we expecting? >> i think the biggest number everybody is going to be looking at is the fourth quarter sales projection. the fourth quarter for apple is the three months through september. they typically introduce the new iphone in the middle of september. it might be available for a week or two. as a lot of people have reported, the top of the range it'se, the iphone 8, possibly and probably going to be delayed. if the forecast, the sales forecast for the next quarter is slightly below expectations, that could be an implied confirmation that it is not going to be around for a few weeks or a few months. emily: a few days are accounted for in the upcoming quarter of iphone sales. but those days will be in the coming quarter? exit is backloaded into the christmas quarter rather than frontloaded into the september order. emily: the delays are due to supplier issues? >> there'll be three new iphones.
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the seven and seven plus, and these will have lcd screens. the top of the range one will have an organic light emitting diode screen. the technology was in relatively little supply. led outs not enough o there to pull all the iphones out of the gate. emily: this quarter is where we typically see a pause, where people might be waiting for the next phone and not upgrading as quickly. absolutely. people may look at it because the sales numbers, how they correlate to the expectations kind of servers as an indicator as to how strongly the apple brand is holding up. the brand is one of the strongest assets. people look at it compare to others, how they trend in technology. people care about technology, or is the brand important enough.
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services have been the bright spot for the past 18 months or so. , it is really important is is more profitable than hardware, and secondly, it builds stickiness. it makes it harder to ditch your iphone. it will be interesting's -- interesting to see if they can keep up with the tear of the last 18 months or if it will slow. emily: what about china? apple, as you found with your conversation with tip -- tim cook, the best-selling phone in china, the broader numbers are slightly different or more complex. there has been a drop-off and they have been losing market shares. emily: he said he sees china for the long-term. tosays they are committed
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the market. will growth elsewhere make up for anything that is lost, anything that slows down in china? >> there has been talk about india being the next china. tim cook talked about india being where china was fire six years ago. india has a booming middle class. they have tried to bring to india older models of the iphone, and they have slightly outdated ones, ones where the software is going to leave behind. they brought manufacturing to india. whether that is paying dividends yes, that is to be seen. they don't break out the numbers for india yet. emily: iphone 8 or iphone ask? what will it be? , iks if i made the decision would like to see the iphone x. if they go for the iphone x, do they have to go for logic and then it turns into the iphone xi? emily: thanks so much. that is it for this edition of "bloomberg technology." check us
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out on twitter at @bl oombergtechtv. that is all for now. this is bloomberg. ♪ ♪
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♪ announcer: from our studios in new york city, this is "charlie rose." we begin with politics this evening, president donald trump has replaced his chief of staff reince priebus with general john kelly. this comes one day after it was reported the new communications director anthony scaramucci had called a new york reporter and unloaded on reince priebus. week forsake chaotic the administration, one that included the president undercutting the attorney general and the collapse of the republican appeal

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