us? well, my guest today is brad smith, president of microsoft. how do we ensure our astonishing technological advances are harnessed for good, not harm? brad smith, welcome to hardtalk. thank you, nice to be here. you have served an extraordinary amount of time at microsoft, the best part of three decades. you have seen the evolution of our attitudes towards information technology and the internet in particular. i have referred to the sort of great positivity, the optimism, in the early years. would you agree that these days, we are much more anxious and fearful about what the internet does, and how it might betray some of our values? i think that's the case. we live in an age of anxiety overall, i would say. we talk about the forces that are disrupting our lives, and even when we're not talking about technology, when we are talking about globalisation, income inequality, we are actually talking about forces that have been unleashed by technology. so we do live in a time when technology is both a tool and a weapon, and we need to address both sides of that coin. interesting you

preparations are underway for the emmy awards ceremony at the microsoft theater. the final season of game of thrones leads the pack with 32 nominations. that's all. stay with bbc world news. now on bbc news, stephen sackur speaks to microsoft's president brad smith on hardtalk. welcome to hardtalk. i'm stephen sackur. remember the time when the internet was trumpeted as the tech tool that would deliver us a golden age of knowledge, freedom and democracy? well, now we are in a darker, more cynical place. the digital revolution has generated fears about lost privacy, mass surveillance and systemic misinformation. have the corporate titans of tech failed us? well, my guest today is brad smith, president of microsoft. how do we ensure our astonishing technological advances are harnessed for good? not harm? there brad smith, welcome to hardtalk. thank you. nice to be here. you have served an extraordinary amount of time at microsoft, the best part of three decades. you have seen the evolution of our attitudes towards information technology and the internet in particular. i have referred to the so

and his son. now on bbc news, stephen sackur speaks to microsoft's president, brad smith, on hardtalk. welcome to hardtalk. i'm stephen sackur. remember the time when the internet was trumpeted as the tech tool that would deliver us a golden age of knowledge, freedom and democracy? well, now we are in a darker, more cynical place. the digital revolution has generated fears about lost privacy, mass surveillance and systemic misinformation. have the corporate titans of tech failed us? well, my guest today is brad smith, president of microsoft. how do we ensure our astonishing technological advances are harnessed for good, not harm? brad smith, welcome to hardtalk. thank you, nice to be here. you have served an extraordinary amount of time at microsoft, the best part of three decades. you have seen the evolution of our attitudes towards information technology and the internet in particular. i have referred to the sort of great positivity, the optimism, in the early years. would you agree that these days, we are much more anxious and fearful about what the internet does, and how

corporate titans of tech failed us? well, my guest today is brad smith, president of microsoft. how do we ensure our astonishing technological advances are harnessed for good, not harm? brad smith, welcome to hardtalk. thank you, nice to be here. you have served an extraordinary amount of time at microsoft, the best part of three decades. you have seen the evolution of our attitudes towards information technology and the internet in particular. i have referred to the sort of great positivity, the optimism, in the early years. would you agree that these days, we are much more anxious and fearful about what the internet does, and how it might betray some of our values? i think that's the case. we live in an age of anxiety overall, i would say. we talk about the forces that are disrupting our lives, and even when we're not talking about technology, when we are talking about trade, globalisation, income inequality, we are actually talking about forces that have been unleashed by technology. so we do live in a time when technology is both a tool and a weapon, and we need to address both sides

move around it and she was the perfect spot to launch my attack. microsoft is taking it a step further they bought minecraft the world's most successful computer game in september 24th team for over 2000000000 euro. the mobile version of the game is coming soon and it looks seriously cool. you can only play minecraft if you switch on the function then you need to find a free surface to start building your architectural masterpiece this is your plight because g.p.s. technology is not yet quite sophisticated enough to help design buildings to be exact microsoft has combined different technologies. one of them is tracking which can help locate free surfaces with the latest functions of smartphones camera can identify feature points the i again in this case the machines can even spill over to beyond the table so to speak. the minecraft tracking combines with mapping so that single objects can be identified the system can recognize a table and. then a complex 3 d. point cloud is created and uploaded to an open source cloud system the app uses the information to find its way in the r

it falls apart with microsoft and jp morgan at all time highs >> "fast money" begins right now. >>> live from the nasdaq market site overlooking new york city times square this is "fast money. melissa lee. trard are sim seymour. steveias o and dan nathan and guy adami from our own delivering alpha conference. billionaire investor says she is short grub hub the desk debates then tesla's model three wins a top safety rating after the crash score but is now a safe time to get into the stock the traders take the wheel on this microsoft breaking out its growth, maybe value whatever it is it's outstanding performer but a buy here and now does microsoft hold the key to new market high sns guy what do you say. >> first of all, you have to -- you know, we criticize dan on twitter. >> really. >> >> he is criticized. >> dan. >> why. >> why is he criticized on twitter. >> for being do youwers. >> but can't coined maga we can fire the graphic at the top of the show. dan does know a lot. >> the maga trade. >> yes. >> and look at the m. in maga as we know is microsoft so. >> some hat. >> on s

the best-looking charts in the market take a listen. >> microsoft really stands out, not just because of the size of it, but look at that consolidation. it has made above 130 since beginning of june. it held the up trend from december, and it really feels like it wants to break out >> so clearly dan likes the chart. what's the trade then? >> it's a really interesting setup. i mean, i think that was just the technical setup here, and that one fits on the right side of the up trend from december. i like the consolidation above 130 where it broke out in early june, but let's think about the fundamentals here. and what's interesting about this company relative to the last time we might have had a global recession is their model. it's just different. the recurring nature of so much of their revenue, new businesses in the cloud, that probably insulates them a little bit if we do have some sort of enterprise spending recession a little bit so i think about this company. it's expected to have in thi fiscal year 10% earnings growth, 10% sales growth it is trading about 26 times that's

and trustee at microsoft corporation. where he works to formulate an advocate microsoft's cybersecurity policy globally, including advancing the digital geneva convention, the tech court and at the defend democry project. mr. burt joined microsoft in 1995 and a sense of several leadership roles including leading to companies litigation group 1996-2007, and more recently leading the digital trust team. prior to joining microsoft mr. burt was a litigation partner in a law firm in syria where he on voting rights cases. he received a bachelors of arts degree from stanford university and a j. d. from university of washington law school. we welcome all of our distinguished witnesses and we thank you for today's hearing. now, if you would please rise i will begin by swearing you in. raise your right hands, please. [witnesses were sworn in] thank you. let the wreckage of the witnesses answered in the affirmative. thank you and please be seated. please note that each of your written statements will be entered into the record in its entirety. i ask you summarize your testimony to fi

. at issue, service problems and competition from microsoft. settlement -- google will settle as part of an agreement with ftc for violating children's privacy on youtube. critics say it is not enough. and chasing tesla. new luxury car seeks to overrun tesla. we will run down the features, including the price. slack chairs are plunging in after hours trading after the company gave its first earning report as a public company. while it beat analyst expectations for both second-quarter revenue and earnings, it projected slower sales growth for the second half of the year. aboutsaid revenue will be $154 million in the third quarter, signaling that strong competition may dent the software maker's rapid rise. shares are falling about 15% in the post-market, following the results that it's poised for a record low. joining me to discuss, nico and larry. great to have you. we've had a few hours now to digest the earnings. give me some of the big concerns here. is the big concern that topline revenue growth? >> well, that's something i don't cover. i cover -- i work for technical professionals

the chief legal officer of microsoft brad smith joins us to talk about the antitrust crackdown on big tech and a lot more stay with us at synchrony, we're changing what's possible. for instance, we know how your customers shop. and what they've already purchased. like this lamp. and we use those insights to show you what they might consider buying next. mid-century modern, nice. that way, you can keep sending them offers for the perfect products. and that keeps them coming back. how's that for changing what's possible? >>> will wall street's recent rally lose sting we'll break down what factors could move stocks. >> elliott management's activist game why they're working to shake up at&t's board we'll speak to analysts about the future. >> a news making interview with microsoft's brad smith he joins us to talk about tech regulation, antitryst i shaust s facing tech and u.s./china relations. ♪ >>> live from the beating heart of business, new york. this is "squawk box. >>> good morning, everybody. welcome back to "squawk box" here on cnbc i'm becky quick along with joe kernen and mike

well and 2% from all-time record highs. check out microsoft. that stock jumping to a fresh record high after announcing a $40 billion buy back, that's helping the do you today we'll have more on that later. lots of big names making big news leslie picker has all the market moving news and there is a lot of it. leslie >> it's a busy and eventful day. so i think we're going to kick it back over to bill and i'm going to head to the desk and we'll continue our discussion. >> what a good idea. thank you, morgan. come over. we're wondering how worried investors should be at the alpha conference believe that our economy is being propped up by a strong consumer right now, should investors start worrying our push to record levels is going to stall out bring in brian jacobson with wells fargo asset management and christian amami is with investments. >> thanks for having me. >> a lot of the investors, the feeling is that this is as good as it's going to get and if the trade war continues and the tariffs continue higher and the global economy continues to slow down, it's got to take a toll on

. i don't like amazon. i think it sets up to be a real disappointment but what i do like is microsoft. >> netflix. >> microsoft. >> back to maga. >> microsoft and apple those are the one that is can lead the market higher. >> yeah. >> not the fang. i don't think fang -- zbloents are doesn't matter is fang falls out of bed it's not a problem for the market. >> it's a problem. i don't think it can go dramatically higher but not dramatically lower as long as we have ma. i think we're okay there because apple and microsoft those charts look intact to me. >> i would just mention one point. one of the things interesting with about net tbs netflix it's 100 billion-dollar market cap and others are 80 oh billion-dollar market cap and has a impact on the market but what's interesting about sentiment is this was a much loved story. people didn't care they would lose 3 or $4 billion in-free cash flow to compete on the content front. and now they do. and that's what. >> subscribers were really there. >> and that's right. >> people didn't care about the multiple on amazon for years as well you brin

. she tells the story of her journey from taking a job at microsoft in 1987 fresh out of business school to marrying bull gates seven years later -- bill gates to partnering with her husband in creating and chairing their foundation and becoming one of, one of the world's most prominent advocates for empowering women. as her compassionate narrative makes clear, melinda has become driven by the belief that no one should be excluded, all lives have equal value, and when women and girls are lifted up everywhere, everyone benefits. ms. one of the -- [applause] one of the most appealing aspects of the books is melinda's revealing account of the raising of her own consciousness as a woman. from the time, pregnant with her first child, she assumed after the baby's birth she'd stop working and stay home because that's just what women did, to today where she considers herself an ardent feminist. melinda says she wrote her book to share the stories of many of the women she's met around the world, and she does so empathetically and powerfully giving voice the their struggles dealing with dis

is continued problems. >> all right last week dan said microsoft could top the tech trade this fall. >> i think about this company, it's expected to have in this fiscal area, 10% sales growth, it's trading 26 times. that's getting kind of expensive, really not above the other fast growing tech peers. i say to myself, i'm tryb to be constructive and look into the fall and peck some stocks that can be picked out. microsoft has to be at the top of that list you can simply buy the okay 140-150 call spread. it will take about 2 pope 65 for that. >> microsoft is looking closer to brake even. >> carsen mentioned the problems of the s&p it overimportant, it was up 1 and a quarter percent, a little below the s&p. again in this range, obviously, it looks like it's poised to play out it shows relative strength on down days. this trade that costs 265 or 270 is worth about 210 on a move higher i like it, i think are you playing in the money amove the prior highs of 141 so i think you stick with this one. >> what do you think >> it's better that its software peers. its not exciting, itself >>fall

in our lives. think about the products of the biggest five american technology companies. microsoft, apple, google, amazon, facebook. if you say you will not be on any of these things, it is really hard to go through your life from dawn to dusk in modern america without it some way having being affected by a product -- without being affected by one of those companies. this is driving the conversation in washington. what is the role of these companies in shaping the political and social life of modern america? >> what are the characteristics of these companies? was it hubris? naivete? what do you think are the factors? professor o'mara: it is helpful to look at the history of silicon valley itself. these companies are the product of a business culture, a business ecosystem. i call it a galapagos, a very distinctive community that group for a long time in relative isolation from washington. from wall street, from the capitals of finance and politics, even though it was deeply affected by them from the beginning. you have high tech venture capitalists. they are carrying on this distinc

accessed for political purposes and we can, frankly, look at microsoft and even the recent past, you've been reprimanded in ireland, there was a published report showing that linkedin, one of your companies, was applying algorithms to personal data to suggest network connections, addressing email addresses, accessing email addresses of millions of people who had no idea that they had been accessed, and that was a linkedin responsibility. dutch officials pointing to microsoft collecting personal data without informing users. why should we trust any of the actors in this set? —— sector? i don't think that this is about sitting back and just hoping that people do the right thing. i think it is about engaging people, perhaps most especially the public at large, so that we all take the steps to ensure that the right thing is done. i think that the fundamental point that you are making actually is a valid one. one of the stories we share in the book was that meeting with president obama in the white house in 2013. i was there and as we in the tech sector were pushing the white house to pu

there's continued problems >> all right well, last week dan said microsoft could top the tech trade this fall. >>> i think about this company it's expected to have in this fiscal year 10% earnings growth, 10% sales growth it's trading about 26 times. that's getting kind of expensive but really not against some of its other fast-growing tech peers. i say to myself if i'm trying to be constructive and look into the fall and pick some stocks that i think could break out, microsoft would have to be at the top of the list. look at october expiration you could simply buy the october 140/150 call spread, paying about $2.65 for that >> microsoft is inching closer and closer to break even so, dan, how do you play this? >> it's interesting. you know, carter mentioned some of the problems in the s&p i don't see this one as a problem. it did underperform the s&p week over week, only up about 1.25%, something like that, a little blow the s&p, but, again, it's still in the range it think it only looks poised to break out and holds in there it shows relative strengths on down days, one of the thin

microsoft's new xbox one is this year's hot item. no doubt this will secure its place as the go-to next-gen console. black friday is over. there's been death, violence, horrible human behavior, and the big winner here decidedly is channel 9 news. [video game sound effects] - the interface is pretty cool. see, i told you guys it's really a seamless interface. - yeah, it is. - the graphics are definitely, like, 10% better than the old xbox. - yeah, that-- that's pretty nice. [game sound effects stop] you guys want to play outside or something? - cartman, your side won, dude. why are you so sad? - i just...i can't get the image of bill gates bashing that guy's head apart out of my eyes. - yeah, i know what you mean. well, look, guys, xbox won the console wars. i mean, what are we gonna do, not play video games? - the last few weeks we've been too busy to play video games and look at what we did. there's been drama, action, romance. i mean, honestly, you guys, do we need video games to play? - that's right. - he's trying to make a point. - maybe we started to rely on microsoft and sony so m

sÁbado se registraron docenas de arrestos en una manifestaciÓn para exigir que la empresa microsoft suspenda sus lazos con autoridades migratorias de canadienses. desde new york, alejandra nos tiene los detalles. alejandra: con un altavoz, anunciando su arresto, decenas fueron esposados tras bordear la quinta avenida de manhattan. las cÁmaras de noticias univisiÓn 41 fueron testigos de la toma de una tienda microsoft, con un grupo de manifestantes dentro del lugar y otros afuera, impidiendo la entrada y salida de clientes por los nexos que existe entre la empresa y ice >>no solamente que el gobierno cierra los campos de concentraciÓn. alejandra: exigen que no provea tecnologÍa que ayude a la captura de inmigrantes. la protesta dio inicio al pie de la biblioteca pÚblica la calle 42. se ha convocado a la sociedad a tomar acciÓn. >>yo trabajo con niÑos latinos y veo esos ojos lo que esperan ellos. yo voy a pelear por ellos. >>debemos representar a estas personas. tenemos que levantar nuestra voz. alejandra: explicaron que empresas como microsoft se vuelven cÓmplices de polÍtic

bristol-myers the microsoft. >>> then, microsoft, apple, google, and amazon the quadfecta. >>> plus, we're going to keep running with that second sports theme. mikey versus nike. what you need to know to outpace the company's quarterly report, next week. it's time to risk less and make more "options action" starts now. >>> the focus on wall street, as lawmaker s grapple with the bes prices forward there's another in health care, that could be a breakout carter is going to break it down for us >> i thought we would look at bristol myer i thi the orange line is bristol-myers, relative to its peers. and some extend, bristol-myers overshoots/undershoots it's this divergence of late, that is appealing to me and how a stock is behaving day-to-day you are going up more to 1990. now, zero in on this and look at the spread over the past three years, again, sector up 27. bristol-myers down 18. bottom-fishing is not good it's usually dangerous but if a stock reverses this, it is interesting lagging dramatically, and day-to-day, i want to show you the following. here's bristol on top. and here's brist

panel of general counsels from microsoft, oracle, lyft and 23 and me discuss tech industry innovation, diversity, privacy, and social responsibility. this is an hour and a half. >> good morning. i am an attorney in san francisco, lucky to be one of 13 members of the aba annual program committee. we're pleased to have an amazing panel with us today. the committee itself is from around the country, mix of practice areas from construction to commercial to tort to business to criminal law, and our charge is to put together a small selection of the very best cutting edge interesting programs we can at the aba annual meeting every year. fall of 2018, we started with 50 submissions. we looked for those that would be the most special, most exceptional, and we were lucky to have a proposal from the science and technology section and our moderator, heather raptor entitled shaping our future, top tech company lawyers on innovation and social responsibility. and it was an easy choice for us to include. the program wasn't planned as all women's panel. just happened to work out that way. we have so

it. ,ot just by increasing prices so we will not act on old inefficiencies. microsoft says they are buying back as much as $40 billion of its stock. software maker is also boosting its quarterly dividend. and microsoft has been a massive buyer of its own shares. its market cap remains at more than $1 trillion. and helios towers confirms plans to lift -- list on the london stock exchange. they are a sub-saharan african mobile phone operator and hopes to raise around $125 million to fund expansions across africa. francine: thank you so much. let's they would central banks. today is big day for monetary policy. the bank of england remains stuck in the mire that is brexit. boe officials are free to keep interest rates on hold as is widely expected. we will see whether that is the case at noon today. moments ago, we heard from norges bank. will speak to the governor shortly. s&p -- snb unchanged and we expect no changes from the south african reserve bank. are our guests. i am looking at norges bank, this could've taken traders by suprise. how much courage you need to raise? >> good for

scrutiny for their investors. i look what happened to microsoft. which first came under antitrust scrutiny in 1992. it took 12 years to resolve it through regulatory agencies and courts. look at price curve of microsoft, it keeps going up and up and up, first allly unbroken thing for the tech bust. for investors i'm not really sure it is a bad thing. under that, if you look at the complexity of this probe what they have to do, you think about 40 elected state attorney generals from two parties trying to get on the same page how they will go about it, good luck, good luck. neil: you know, i'm looking at it to, jennifer what they're going after. in google's case, easy to see with their size they can leverage a lot of things. just their search engine alone is 80% of all search is down out there. they account for that. they use that, sort of make sure you get google, you push your android operating system which they also have, and chrome, their web browser which you also have, they make it very difficult to find alternatives. that is just one part of it. the other aspect, youtube, the

well. >> tom burt is the corporate vice president of the customer trustee at the microsoft corporation. she works to formulate microsoft's security globally including advancing the tech accord and the defending democracy project. mr. burt joined microsoft in 1995 and has since held several leadership roles in the company including leading the litigation group from 1996 to 2007 and more recently leading the digital trust team. prior to joining microsoft, he was a litigation partner at a law firm in seattle. mr. burt received a bachelor's degree from stanford university. we welcome all of our witnesses and we thank them for participating in today's hearing. if you would please rise, i will begin by swearing you in. and raise your right hands, please. do you swear or affirm that the testimony you're about to give is true and correct to the best of your knowledge, information and belief, so help you god. thank you. let the show the witnesses answered in the affirmative. thank you and please be seated. please note that each of your written statements will be written into the rec

general councils from microsoft, oracle, lift, and 23 and me discussed tech industry, innovation, privacy and social responsibility. this is an hour and 35 minutes. >> i'm lucky to be one of the 13 members of the annual meeting program committee. we are pleased to have a panel with us today. the committee itself is from around the country, practicing areas from construction, commercial, business, criminal law and our charge is to put together a small selection of the best cutting-edge programs every year. in the fall of 2018 we started with 50 submissions, looked for those that would be the most special, the most exceptional and we were lucky to have a proposal from the science and technology section and our moderator, heather rafter, entitled shaping our future, tech company lawyers on innovation and social responsibility. the program isn't -- is an all women panel. it happened to work out that way. we have so many amazingly talented women in our tech community that it naturally fell together and we are lucky to have this group today. a few housekeeping notes, heather covered on

even when we covered microsoft that rs ago, in terms of really case is key in terms of antitrust and do they ultimately sort of anti-competitive behavior. we think that is going to be difficult to prove. of though there is a lot noise, a lot of headlines, we do believe this is something for google and r ultimately i think apple is next in terms of the beltway going fter, it's going to be more fines, maybe some tweaks to the rather than pure antitrust where a breaking up of model, that that ues to be how continues to be how we navigate this for our investors. kurt: i was going to ask, what is the more likely outcome of this if it's not an actual break-up. do they go after facebook's ad business, for example, is there another part of facebook or the other tech companies that you might be more vulnerable up?n simply splitting them ben: they're looking at the unified messaging platform in what's facebook and outside. i do believe i look at facebook, going afteressively some of their strategic plans in messaging e next gen platform. i view it right now, a lot of these companies from amazo

competition for microsoft area -- microsoft. settlement reached. google will pay for violating children's privacy on youtube. critics say it's not enough. porschetesla, the -- we will run down the features, including the price. now, stop shares are plunging in after-hours trading after the company gave its first earnings report as a public company. expectations for second-quarter revenue and earnings. it projected slower sales growth for the second half of the year. -- it willabout signal strong competition to make the software maker a rapid riser. we do is poised for a record low. isning me from to discuss our guest and on the phone is our other guest. larry, great to have you. we have had a few hours to digest earnings. give me some of the big concerns. is the big concern the topline revenue growth? >> that is something i don't cover. i work for technical professionals. i talked to the geek in the room, the i.t. professionals about installing security. from my perspective, there is still strong interest for slack from our metrics, if you look at the inquiries we get and other metrics we

coming up, we hear from microsoft president brad smith and his thoughts on the current trade tensions between the u.s. and china. that is next. this is bloomberg. ♪ ♪ taylor: this is "bloomberg technology." i'm taylor riggs in san francisco. we're getting some headlines now on peloton. it is setting its ipo offering of 40 million shares at $29 a share. we will continue to watch the pricing. now we continue to cover apple's product launch which includes a new apple watch, a low-cost ipad and of course three new versions of the apple iphone. one theme that did not come up, apple's current relationship with china or how the company's products have been impacted by tariffs. now remember products like apple watch, air pods, and imac computers have already been hit by this month's 15% tariffs. so is now the right time to be putting a spotlight on the new products and will they be impacted by the ongoing u.s.-china trade war? to discuss i bring in the managing director dan ives, who currently has an outperform rating on the company. and also with me, jun zhang, of rosenblatt securities.

crazy game. >> crazy ending, yeah. the time now, 11 minutes after the hour. microsoft on thin ice, dozens arrested demonstrating the big tech company for supporting immigration officials. brandon judd joins us live next to call out this dangerous leftist narrative. >>> some people did something said a freshman congresswoma con from minnesota, on that day, members of al-qaida killed over 3,000 people. that's what some people did. rob: what a moment that was. he grabbed the world's attention when calling out ilhan omar during a 9/11 ceremony last week and the congresswoman just responded. stay tuned. ♪ i want something else. ♪ i'm not listening when you say good-bye. ♪ imagine a world where nothing gets in the way of doing great work. where an american icon uses the latest hr tools to stay true to the family recipe. where a music studio spends less time on hr and payroll, and more time crafting that perfect sound. where the nation's biggest party store can staff up quickly as soon as it's time for fun. this is the world of adp. hr, talent, time, benefits and payroll. designed

sector >> commissioner, with all these companies under the microscope at once, microsoft not one of them, apple, google, facebook, amazon, a lot of different business models, different issues, whether you talk data, advertising, app stores, does it weaken the case to changing any particular one that they're all in the frying pan at once? >> you're right. we have to look at the whole thing comprehensively. this is an all hands on deck moment if we rewind 20 years ago, microsoft, there was a risk microsoft was going to own the internet now it is not just one firm, there are several firms raising lots of questions. we've got to focus on taking a comprehensive look and taking action where we need to. >> commissioner, just to confirm, is the ftc formally investigating amazon now >> well, i'm not going to comment on any individual investigation. companies can disclose what they're being investigated on, or if not, but look, the bottom line is there are some serious questions about whether firms, some of the biggest firms in the world, are suppressing competition or playing fair, and we have to

everything from microsoft to google to facebook is when a founder takes it all away. it is by far the best outcome. it is best outcome for venture investors. most ceo searches are a 50/50 gamble. it is very rare to land someone who is just incredible. no one wants to make that transition unless they have to. whether or not you have the wherewithal to scale as a ceo which includes things like leadership and being able to manage 10,000 employees,we hav to live through that every time. >> those are the questions that exist around we work. you went through this issue with travis at uber. that didn't sort of color or paint your view on whether these folks may be great innovateers and great creators, but not such great stewards. >> i think like we're talking about the like superupper echelon of the private companies that make it to this level. so out of the ten that made it to this level, five have had the type of founder that can go all the way. that's what you are hoping for and what you as a board member are trying to make happen. i almost consider it unfortunate that we weren't able to make

transform itself. it is working with microsoft to explore global facial recognition as well as computer vision technology. -- weevilss it over cross it over -- we will cross over. >> it is no longer wanting to be just a ride-hailing app, but wanting to be everything to everyone in southeast asia. thank you for joining us. talk to us through your ai strategy. >> it is very specific to problems with southeast asia. let me be specific. it is a big problem in southeast .sia with ai, they have been able to reduce that to less than 1% and with other things like safety and business, also providing airter financial services, has powered a lot of what you have seen and don't. about $100mounted to 12.ion over the last to increase it going forward. no other company has invested so much in ai. see that,, when can you see that investment? >> it will be over the next 12. >> where -- over the next 12 months. >> where world the money go? [inaudible] when we are thinking about investment in ai, we are thinking about moving from ai power to ai everywhere. .t is very important technology want the power an

debut. there are service problems and competition from microsoft. this week, china and the u.s. announced face-to-face negotiations aimed at ending the tariff war will be held in washington. skepticism on both sides for true progress remains high. this follows president trump's 15% tariff that became a reality last sunday, dragging apple further into the trade war. while the flagship iphone is currently spared, some key products are not. namely, airpods, apple watch, home pod, and imac. guests joined us to discuss on tuesday before the latest round of talks were announced. >> apple is, like you pointed out, the clear one. any company that has manufacturing in china is there. but what is potentially more interesting than that is it's starting to kind of spill over into other industries we had assumed were more resilient or tariff-proof. for an example, autodesk, and enterprise software company that is recurring, everybody thinks of that as being very defensive, but because it is an industrial software company, they are starting to see a softening outlook as a result of the ongoi

we formed with other cable companies called cablelabs. we went to see intel, oracle, and microsoft. and while we were at microsoft, bill gat talking about someday the data busaliness for you guys will be bigger than your television siness. i said to bill, "would you consider investing in our industr" because we're putting all of these fiber optics, this new thing no ofe had really hear wall street hated it. our stocks were low. we were spending capital. this is onhose cycles where you cannot always know the answer, but yoldfeel like you shnvest and hope that it will work. and he said, "i think fiber will change the game for you. how can i help?" bi said, "why don't y a percentage of the room?" and then evebody laughed. and i said, "ok, just buy comcast." he put $1 billion from microsoft into comcast, non-voti stock, no board seat, no microsoft products. david: what kind of return did he get on that $1 billion? brian:%. and it started the broadband wa that have been the beneficiary by consumers the last 20 years. david: areorried that maybe people will say, "i don't want to buy my c

president of microsoft, here with a new book about "the promise and perils of the digital age" -- brad smith is joining us! ( cheers and applause ) also tonight's show, someone is trying to kill simba, your phone sucks now, and someone is leaving the white house -- but it's not who you hope. so let's catch up on today's headlines. let's kick it off with the big news of the day. no modern president has lost as many cabinet officials or senior advisors in their entire first term as trump has in his first 30 months. it's a record, and now he's just running up the score. >> major anational monument today by president trump on twitter that he has fired his national security advisor john bolton. this is the tweet, "i informed john bolton last night that his services are no longer needed at the white house. i disagreed strongly with many of his suggestions as did other in the administration, and, therefore, i asked john for his resignation, which was give ton me this morning ." >> trevor: that's right, trump has fired john bolton as his national security advisor. really, it's no surprise beca

microsoft. this week china and the , u.s. announce that face-to-face negotiations aimed at ending their tariff war will be held in washington next month. skepticism on both sides for true progress remains high. this, of course, follows president trump's 15% tariff that became a reality last sunday. dragging apple further into the trade war. while it's flagship iphone is spared, some key products are not namely, apple's pods, apple , watch. a senior research analyst joined us to discuss on before the tuesday latest round of talks were announced. >> apple, like you pointed out, is kind of the clear one. any company that has manufacturing in china is there but what is maybe potentially more interesting than that is that it's starting to spill over into other countries. -- other industries we had assumed were more resilient or tariff proof. for example, autodesk is an example. an enterprise software company, everyone thinks about it as being very defensive, but because it's an industrial software company they are actually starting to see a softening outlook as a result of kind of the

ask of forrester research, thank you for joining me. coming up, we hear from microsoft president brad smith and his thoughts on the current trade tensions between the u.s. and china. this is bloomberg. ♪ at comcast, we didn't build the nation's largest gig-speed network just to make businesses run faster. we built it to help them go beyond. because beyond risk... welcome to the neighborhood, guys. there is reward. ♪ ♪ beyond work and life... who else could he be? there is the moment. beyond technology... there is human ingenuity. ♪ ♪ every day, comcast business is helping businesses go beyond the expected, to do the extraordinary. take your business beyond. this is bloomberg technology. i'm taylor riggs. we're getting some headlines now on teleton, setting its ipo offering of 40 million shares at $29 a share. we will continue to watch the pricing. now we continue to cover apple's product launch which includes a new apple watch, low-cost ipad, and three new versions of the apple iphone. one theme that did not come up, apple's current relationship with china or how the company

. fÉlix: en new york +70 personas son arrestadas tras una protesta fuera de la tienda de microsoft en la quinta avenida. como nos explica alejandra los activistas exigieron dejar de hacer negocios con ice. alejandra: con un altavoz anunciando su arresto inminentedecenas fueron arrestados tras bloquear la quinta avenida de manhattan. las cÁmaras de nottoma de una tienda microsoft.con un grupo de manifestantes dententrada y de clientes en oposiciÓn a los lazos financieros que existe entre la empresa y servicio de migraciÓn y aduanas, ice. >> la personas estÁn pidiendo que cierran los campos de concentraciÓn. alejandra: la protesta dio inicio al pie de la biblioteca pÚblica en la calle 42. convocando a la sociedad tomar acciÓn y no mantenerse al margen. >> yo trabajo con niÑos latinos y veo en sus ojos.me imagino si fueran ellos yo pelearÍa por ellos. >> vamos a representar a las personas. adolescentes como nosotros. tenemos que levantar nuestra voz. alejandra nos explicaron que empresas como microsoft se convierten en cÓmplices de polÍtica del gobierno trump. >> migran por