taylor: i'm taylor riggs and this is "bloomberg technology." google gets fit. they will buy fitbit in an effort to boost hardware. plus, a matter of national security. tiktok is said to be under review in the u.s. and apple tv+ launches. first, our top story, google agreeing to buy fitbit for $2.1 billion in cash. the fitness tracking device company jumped on the news. i am joined by garrett divina. what does fitbit know about hardware and software and health that google doesn't? gerrit: a good question. google has been rumored about talking about a smartwatch. but the operating system has been a collapsed and is not as - has been eclipsed by competitors. and is not as popular as android. what they are doing is saying let's buy fitbit and build our business from that. taylor: fitbit is seeing its third annual year of sales decline. why is it an attractive choice? gerrit: it's one of the few choices, i'm not sure attractiveness is what is going on. as you said, they have been in decline, they struggled as apple came out with the apple watch and can do things a l

♪ taylor: i'm taylor riggs intent -- in san francisco, in for emily chang. this is "bloomberg technology." we will get details on disney plus. we will get details. plus, tesla's global reach. the automaker gets the nod from beijing to start mass production in its china factory. this as tesla announces it is beginning a plant in berlin. we will have details. return of the mac. apple introduces its 16 inch macbook pro. starting at $2400. we will rate its function and design. first, to our top story, it's all about disney. they signed up 10 million customers in one day of launching their new streaming video platform. disney plus just became available yesterday in the u.s. and canada. the strong initial interest could lead disney to hit its target at 60 million to 90 million worldwide subscribers for its new service two years ahead of the original 2024 goal. to discuss, we are joined by chris palmeri. with the stock trading at a record high, how much more was 10 million than what we expected? chris: a lot more. hbs now, cbs all access, espn plus, the world wrest

♪ taylor: i'm taylor riggs, in for emily chang and this is the "best of bloomberg technology." where we bring you all of our top interviews from the week in tech. coming up london's transit authority refuses to renew uber's license. uber's ceo calls the decision wrong. they vow to appeal. margrethe vestager tells her they will push for a global tax. we will hear from her. strong debut. shares of alibaba the trading in hong kong, ending the first trading day above listing price. our top story, uber and its uncertain future in london. the city's transit authority has refused to grant them a license, saying uber failed to adequately verify driver identities. the ceo swiftly responded, tweeting that the decision was quote wrong. he had said safety is the company priority and will appeal the ruling. london's mayor says much more needs to be done with regards to safety. >> i am keen for london to be a hotbed of innovation but you have got to abide by the rules. what is clear is uber's policy and practices mean passenger safety is being compromised. emily: i caught up with a guest, as

taylor: i'm taylor riggs in san francisco, in for emily chang, and this is "bloomberg technology." investors sink their teeth into faang. big tech delivers strong returns. some say companies like apple have room to run. plus, food delivery company doordash considers a listing instead of an ipo. we will hear from qualcomm ceo steve mollenkopf on the race to 5g. first, nasdaq climbing to a record even as the dow sank following disappointing reports from retailers. some big tech names leading the way on nasdaq were facebook, broadcom, and tesla. reports that u.s. and chinese negotiators may link the size of tariff rollbacks to terms set during talks in may. i went head over to new york where bloomberg cross asset reporter sarah ponczek is standing by. are we ignoring the trade headlines? sarah: i don't know if we are completely ignoring the trade headlines, at least the good ones. that the u.s. is softening its stance, that did engage in negative outlook. take a day like yesterday, a bureau chief from cnbc noted that the tone in china is pessimistic. they were unfortunately seeing tha

taylor: i am taylor riggs in san francisco in for emily chang and this is "bloomberg technology." london transit authority refuses to renew uber's operating license over concerns about passenger safety. the company vows to appeal. ebay is selling stubhub to european rival via gogo. we will have details. going global. amazon joins forces with chinese retail app. is it a sign that black friday is broadening its reach. first, our top story. uber's future in the city of london is looking bleak. they are not allowing a license, the reason i'm a rider safety. >> the mood in london is that uber will have to follow a similar procedure has a few years ago. in 2017, it was denied a license the first time and it immediately appealed. as long as an appeal is ongoing, they are allowed to continue. wilbur said that they will appeal the -- wilbur said they it willsaid today appeal the -- uber said they will appeal the decision. as long as that appeal carries on through the courts, then it can stay on the ground. the question will be whether the company can make the changes in its software to all

♪ taylor: i am taylor riggs in san francisco, in for emily chang, and this is "bloomberg technology." coming up in the next hour, strong debut. shares of alibaba begin trading in hong kong, ending the trading day more than 6% above the list price. plus, check the books. startup bookkeeping draws scrutiny. we have details. and we hear from the viagogo chairman and founder after that stubhub cash deal from ebay. first, our top story. five years ago, alibaba pulled off its biggest ever ipo on wall street, and today, it rang up the biggest share sale in hong home -- in hong kong in 10 years. the listing is being seen as a triumph for a stock exchange. stars toyears it lost u.s. rivals. this comes as pro-democracy protest have gripped the city for weeks. joining us from washington, john freeman, vice president of equity research at cfra. if you take a look at the company raising an additional $11 billion, where do you see that company in terms of that use of cash? thank you for having me. it will be interesting to see what they do with the extra cash. i think that brings them to about $43

♪ taylor: i am taylor riggs in for emily chang and this is "bloomberg technology." wework layoffs are set to begin this week in the u.s.. are lookingawmakers to make life harder for the chinese owners of the video app tiktok. and, trucks before taxis. will a driverless fleet give truckers more time at rest stops? first, to our top story. start says job cuts will this week. they said cuts will improve efficiency and accountability. bloomberg has learned that about 2000 jobs have been eliminated 's global 60% of wework workforce. ellen huet joins us with more. what do we know about these layoffs and their broader strategy of slimming down, if you will? ellen: it seems, based on this new memo that the executive chairman sent this morning, it --going to start "in ernest going to start " in earnest in the u.s. this week." it seems like maybe this week is going to be the big time. they had originally scheduled an all hands meeting for tuesday and another part of the memo says the meeting will be moved to friday. on friday, we expect a five-year plan of the company. taylor

♪ taylor: i am taylor riggs in for emily chang and this is the "best of bloomberg technology." coming up in the next hour, wilbert shares fall to a record low as the ride-hailing companies walk out period ends. plus, disney releases earnings before the disney streaming service becomes available. more on the outlook and global reach. and the u.s. government says russia, china, and iran will seek to meddle in elections going forward. how vulnerable are we? we get to opinions from ethical hackers. it was a week of reckoning for uber. they posed selling restrictions for early investors lifted wednesday, making it one of the most actively traded stocks shares some record lows, not a good look. the stock is down 40% from its debut. for some perspective, i caught up with guests. >> a lot of people are just sick of waiting around for it to get better. we saw the stocks fall. again, there are some questions around when this could continue, considering a number of early investors are not underwater and could see potential upside. taylor: walter, the volatility today, is this a day issue,

♪ taylor: i'm taylor riggs in san san francisco. this is "bloomberg technology." coming up in the next hour, twitter upstages facebook. twitter ceo jack dorsey says they will ban all political ads as facebook sites free speech. you can't mention facebook without the cambridge analytica scandal of 2018. we hear from an essential figure from that period. and tesla owners, they are talking in part two of a bloomberg expansive study, thousands of model three owners. we examine whether parts and services are up to parts. twitter announces it will stop all political ads on their platform, with the ceo saying it's not about free speech. it's about paying for reach. that sentiment wasn't echoed by facebook as they reported earnings and reassured their stance when it comes to political ads. facebook ceo mark zuckerberg stayed on brand during the earnings call. mr. zuckerberg: i expect this will be a very tough year. we try to do what we think is right, but we're not going to get everything right. this is complex stuff. anyone who says the answers are simple hasn't thought

this is taylor. i think the origin of the idea to get president zelensky to say out loud he's going to investigate burisma in the 2016 election, i think the originator, the person who came up with that, was mr. giuliani. representative, who was he representing and the answer is president trump. how significant is that? >> that is significant. everybody knows that rudy giuliani is and was the president's attorney and they knew it in ukraine and he was exacting on behalf of the president. exactly what he was doing, it is been confusing throughout this whole series of events and i think the actors like ambassador taylor and others were struggling to try to figure out what giuliani was doing and whether he was doing it at the president's behest. i think common sense applying common sense to this type of situation, you would think of course the president was acting through rudy giuliani. and the president has talked about his knowledge about the events in ukraine and what was going on. so if the use of gi

taylor: welcome back to "best of bloomberg technology". i'm taylor riggs. this week we adjusted the clocks and fell back in the u.s. and we now have the opportunity to check in with our colleagues at bloomberg daybreak australia. on thursday we focused on a company that is arguably the most global in reach and investment, disney. the media giant reported its fourth quarter earnings thursday. the last earnings report before the highly anticipated launch of its streaming platform. kathleen hayes joins me in getting insight from their managing partner porter bibb in new york. porter: the movie industry and the theatrical movie industry is not going to last more than five or 10 years, but where disney has positioned itself, it will be the dominant content producer, distributor over the top and streaming. and the market has finally caught up to bob iger and realized disney owns that space. taylor: porter, we could talk about the earnings call and numbers. frankly, no one cares. what numbers do need to see to feel confident they can take on netflix? porter: they

taylor: i am taylor riggs in for emily chang, and this is the "best of bloomberg technology." where we bring you all of our top interviews from this week in tech. coming up, cook facetime. president trump tours apple's austin, texas factory at a time when the white house considers whether to exempt apple goods from the tariffs. we will have the latest. plus, come clean. senator josh hawley says big tech is spinning tall tales. he wants facebook and google to stop using "lawyer speak" when it comes to tracking user data. and later, bill gates on how tech r&d is being seriously hampered by u.s.-china trade tensions. his comments from the bloomberg new economy forum. but we begin this hour with apple. the company made news on two fronts this week. the first -- president trump's visit wednesday to apple's austin, texas factory. cook met the president to discuss keeping macs and iphones free from tariffs. the other news involved the way apple tests software. it is changing after a series of bugs marred the latest iphone and ipad operating system. bloomberg's mark gurman and d.a. da

taylor: that was steve wozniak. shortly after the interview goldman sachs announced a customer service line and issued the statement that they, quote, not and never will make decisions based on gender. the company announced that it would introduce the ability for household numbers to share a apple card credit line. the debate over the role of algorithms and consumer finance heated up with presidential candidates elizabeth warren blasting goldman sachs and their response. other lawmakers said they intend to look into the ability of earlier claims. as for some apple product news, we got a glimpse of the new macbook pro this week, the first update to the device in three years. the new laptop comes with a slightly larger screen and an improved keyboard. >> it's all about the keyboard. the thing to me is that it really should not be all about the keyboard. the reason we are talking about the keyboard is because it was read designed after there were complaints on what is known as the butterfly mechanism keyboard. if they

taylor: i'm taylor riggs and this is "the best of bloomberg technology," where we bring you all of our top interviews from this week in tech. coming up, the beat is on. apple's fourth-quarter results beat across the board despite sputtering iphone sales. profit and sales top estimates. we have complete coverage. plus, twitter political ad ban. ceo jack dorsey does what facebook's zuckerberg would not. twitter is banning political ads of all types. we have details. tesla owners talk. bloomberg conducts the biggest survey of tesla drivers today. -- to date. 5000, in fact. what they have to say about what elon musk is doing right and wrong. now, this week was dominated by tech earnings. apple beat across the board wednesday, topping estimates for both last quarter results and next quarter's forecast. this all despite sputtering iphone sales. highlights included sales and profits that topped analyst projections. services revenue also reached a record high. the ceo announced apple will launch a no interest iphone payments on the apple card, adding that the apple card is the most successful

. ♪ taylor: i am taylor in for emily chang and this is bloomberg technology. apple considers bundling digital services. we have details. plus, the standoff simmers. alibaba founder jack ma says the risks 20 more years of trade tensions. we have his exclusive interview. and we look at the competitive space of rental kitchens. first, to our top story. apple says it is considering bundling its digital services including news plus, tv plus, and digital music. get more bid to subscribers. the tech giant is already experimenting with this kind of approach, offering free subscriptions for tv users to apple music. what are we bundling and why? said, apple wants to bundle together different paid services. they have had apple music since 2015. they came out with four or five new services this year. they want to lower the price if you subscribe to multiple. right now, apple music costs $10. news plus costs $10. play -- payorage, i three dollars a month. to $40 or, it adds up $50 depending on how much storage you have. imagine being able to get month.ing for $15 a that wi

taylor: thanks for joining. the sixth season of formula e kicks off in saudi arabia where the slickest and fastest all electric vehicles will rattle outside riyadh in a race lasting 45 minutes and one lap, and it will all be powered by a company based more than 8000 miles away. bloomberg's ed ludlow explains. seconds,to 60 in 2.8 all from an electric motor, this is formula e. the all electric cousin of formula one. when the street racing series started in 2014, the cars could not complete the race on a single charge, but since last season, that has changed, and thanks to this factory pat, built by a california company called lucid. for proprietary expertise, particularly in model control. we tested it and we actually manufacture it here in this very building, our headquarters in silicon valley. ed: season five and 2018 was the suppliede they batteries, but their involvement was cut confidential and they relabeled as a so-called battery partner of mclaren. lose it is taking the spotlight this year and will contin

taylor: i'm taylor riggs in san francisco in for emily chang, and this is "bloomberg technology." coming up, uber sinks. shares to a record low for the ride-hailing company as the lockup period expires. is the worst over? plus, rocky picture for roku. shares falling as much as 17 and after hours trading wednesday after the streaming platform posted third-quarter earnings that missed estimates. we also have details ahead. hack away. the u.s. government says russia, china, and iran will seek to meddle in u.s. elections going forward. how vulnerable are we? we get opinions from ethical hackers in our electioneering series. first to the top story, all about uber. shares hitting a record low. early restrictions lifted. shares in this year's largest u.s. ipo are now down nearly 40% since its may debut. for more, walter joins us with in new york. with me in san francisco, lizette chapman who covers the company for "bloomberg technology." give me the breakdown. what did we learn today? reporter: exactly what we expected. there was 1.7 billion shares outstanding. a large swath of them have

taylor: i am taylor riggs in san francisco and this is bloomberg technology. coming up, tesla's cyber truck debut. demos don't go exactly as planned, but the specs are sharp. we get the opinions. growth spurt shares. we hear from the ceo. plus, one billion people's data is left unprotected on a google cloud server. we will speak to the hacker who discovered it. first, our top story. elon musk unveiled tesla's new cyber truck with stainless steel exterior and armored glass that is not supposed to shatter, but the demo didn't go as planned. >> oh my god. well. maybe that was a little too hard. taylor: for more on the mishap and how shareholders reacted, i want to bring bloomberg's ed ludlow who was at the event. before we get into the pomp and circumstance, how was the cyber truck? >> it is the futuristic concept pickup truck that elon musk has been teasing for 12 months. it is exactly as he described. think of the 1980's film called blade runner served in november 2019. it rolls out on stage, it is big, boxy and looks nothing like a conventional pickup truck. i

taylor: where are you making investments? it is more than drones, it is more than a commercial spaceflight. what investments are you making to achieve this goal? tess: we are in the deep frontier tech umbrella. i am spending most of my time in commercial space, drones, and autonomous vehicles. within space, it is people who are coming up with unique ways to put sensors in space that will help back on our. in drones, i think it is really open to one's imagination. emergency medical supplies. imagine if someone is having a heart attack or allergic reaction. an ambulance takes on average 14 minutes to get to a person. you can dispatch a drone that can deliver an epipen or device saving lives every day. autonomous vehicles is another massive trillion dollar potential market. taylor: you peaked my interest when you talked about autonomous vehicles. we talk about them on this program frequently. how close do you think we are to fully autonomous driving? tess: i think we are entering the trough of disillusionment. unfortunately i th

taylor, yes, sir. question, are you aware quid pro quo literally means this for that. taylor, i am. and republicans are noting that taylor never spoke to president trump about -- or even rudy giuliani about this. how do you respond? >> the complaint which first brought to light that the president engaged in this kind of what it turns out to be quid pro quo has been collaborated by taylor, by others. and here is the republicans -- they just can't deal with the substance of what the president did. so they're doing all kinds of things to muddy the waters. >> senator, republicans continue to argue that no one has testified that president trump explicitly said they knew to do this in order to get that. and so what is the response? actually, take a listen to what senator lindsey graham had to say just yesterday. >> if the president of ukraine says that he keeps saying, no, i did not feel that i had to do anything to get the aid, how you could have a quid pro quo when the person who is the subject of the pro said it didn't happen. >> so, i mean, what is your response to senator graham. he

taylor: i'm taylor riggs in san francisco, in for emily chang, and this is "bloomberg technology." coming up, a record low. uber stock sinks tuesday. food orders lag in the lockup looms. we have details. plus, what is going on for its biggest investor, softbank, which is poised to post earnings? plus, peloton posts earnings but investors question the path to profitability. the ceo says it is part of the plan. he tells wall street to look for the long game. and, many state and local elections are taking place tuesday. in our electioneering series, we examine free speech versus falsehoods when it comes to political ads. to ban or allow? it is pitting facebook against twitter. first, uber tanked on tuesday after failing to prove itself to wall street. while the ride-hailing app is projecting profitability by 2021, it did just not seem to be enough. shares hitting a record intraday loss. the reported a rocky quarter on for more, i want to bring in an monday. mkm partners executive director. walk me through the share price action tuesday. what is your take? >> thank you for having me. i

taylor: why? sarah: instagram says there is a big difference between letting them talk about these things and paying them to talk about these things. remember, facebook has a news tab where they are paying all to talk publishers about politics all the time. there is not a lot of consistency across the platform, despite the fact that facebook is trying to increase the understanding that these are all under the same umbrella. with the same policies and same data use. taylor: i wonder if this is smart, so that facebook doesn't appear to be endorsing that person's views? sarah: if they were to pay for content that becomes political in any direction, then people could say instagram paid to have this video made. it is a little bit of a liability concern there. taylor: another story we were talking about is facebook bundling all of its payment apps into facebook pay. does this further antagonize regulators who think this is may be a defense mechanism so that facebook is harder to break up? sarah: there i

taylor: i'm taylor riggs in san francisco, and for emily chang, and this is "bloomberg technology." coming up in the next hour, uber disappoints. third quarter estimates missed. we break down the numbers. mcdonald's ceo out over an improper relationship. how does it affect the company's strategy of investing in tech? and, it is one year until the presidential election and states are struggling to update election systems. what it means for voter privacy and election security. uber is out with earnings and it is not a pretty picture. shares falling in afterhours trading on monday. growth bookings missed estimates. also light of estimates, uber eats and monthly active platform consumers. we want to bring in tom white, analyst with da davidson, who makes a market with uber and lyft. someone said he is a little bit surprised by the reaction given that they are a little bit more positive than negative. your take? >> i agree. when you look at the top line numbers, the revenue number was really strong. what the rates tell you is that uber is cutting down on subsidies and showing the improve

♪ taylor: i am taylor riggs in san francisco in for emily chang and this is "bloomberg technology." coming up in the next hour, bundle up. apple considers bundling digital services as soon asked 2020. we have details. plus, the standoff simmers. alibaba co-founder jack ma says the u.s. and china risks 20 more years of trade tensions. we will hear part of his exclusive interview with bloomberg news. cooks in the kitchen. we will look at the now competitive space of rental kitchens. about a startup called virtual kitchen. first, to our top story. so apple is considering bundling its digital services including news plus, tv plus, and digital -- apple music. gainis seen as a bid to more subscribers. the tech giant is already experimenting with this kind of approach, offering free apple tv plus subscriptions to student users of apple music. through.k me what are we bundling and why? mark: thank you for having me. like you said, apple wants to bundle together different paid services. they have had apple music since 2015. they came out with four or five new ones across 2019 this year. chea

♪ taylor: i am taylor riggs in san francisco in for emily chang and this is "bloomberg technology." coming up in the next hour, fed scrutiny. we work faces possible rules violations. plus the multistate investigation into google's ad business extends to its android operations. we will have the latest. the week that was. disney's new streaming service proved to be the new magic kingdom while the apple kingdom -- apple card can't shake its controversy. first it's all about our top story, we work. they're set to face the securities and exchange inquiry into possible rules violation into the run-up of its failed ipo. the agency's review was said to be preliminary and may not lead to an enforcement case. the company at one point was worth 47 billion dollars before it fell out of favor and needed a bailout from softbank. -- more outlets bring in congratulations on the story. what we know so far about the inquiry? an inquirythere is happening. it is early, preliminary, we don't know what might come of it. we do know that we work has taken steps to respond to it. they have hired who used to

taylor: welcome back to "bloomberg technology." i'm taylor riggs in san francisco. let's get a look at today's top tech calls. disney up to 100 $75 a share. the analyst cited faster than for disneygn ups plus streaming. an internal survey suggest high awareness of disney plus and that a high percentage of users will stay on the service after a one week free trial. shares of at&t fail after being downgraded with the $30 price target. one analyst finds it hard to imagine the recently updated for your guidance can be achieved. intel raised their price target to $65 a share on their pricing power. the endless said intel was getting aggressive on cutting prices and that could position intel to aggressively compete. aftery rating increased announcing a new graphics processing unit. that's a look at your top tech calls. qualcomm has been front and center in the development of 5g networks including a partnership with apple and some of china's biggest telecom companies. a ceo set down with caroline hyde to discuss his views on apple and how china is doing in the 5g race. is

taylor: this is "bloomberg technology." i'm taylor riggs in san francisco. tech pioneer bill gates spoke with bloomberg editor-in-chief john micklethwait about a number of issues, among them u.s.-china relations, the evolving energy sector, climate change, and if carbon tax will happen in the u.s. >> there's no doubt that solar and wind, including offshore wind, will be a huge part of that. because those are intermittent sources that need, either for 24 hour-sources like nuclear, or unbelievable miracle in terms of both transmission and storage is very, very high. you can look at a country like japan, tokyo, 60 gigawatts, you have seven days where you have no wind or sun power at all, so you have to say to yourself, if you are not going to have people freeze to death, what is the source of energy during that seven-day period? the u.s. midwest, you have long periods where a cold front sits on it and the wind does not blow. it will be a lot of renewables and either a storage miracle or quite a bit of nuclear. the electric source will be almost three times as b

♪ taylor: i'm taylor riggs in san francisco, in for emily chang, and this is "bloomberg technology." coming up in the next hour, bottom line versus data breaches. facebook's intentions questioned after leaked court documents emerge. we have details. plus, trouble woes. shares of online travel company expedia falls thursday after they posted disappointing earnings. we hear from the ceo in an exclusive interview. and disney magic. the global media giant beats fourth quarter bottom-line estimates. we will break down the results ahead of disney's highly anticipated streaming platform debut. but first, to our top stories. facebook continues to struggle to regain trust over how it handles user data. but that has become more complicated. there has now been a leak of internal documents suggesting business considerations outweighed those privacy concerns. it is something that facebook publicly touted when it decided five years ago to cut off tens of thousands of developers from its platform. to discuss, i'm joined by bloomberg technology's sarah frier, as well as ben brody in washington. sara

taylor: i am taylor riggs in for emily chang and this is the "best of bloomberg technology." coming up, cook facetime. president trump tors the austin factory at a time when the white house considers whether to exempt apple goods from the tariffs. we will have the latest. holly says a josh big spinning tall tales. towants facebook and google stop tracking user data. and later, bill gates on how tech rmd is being seriously hampered. his comments from the bloomberg new economy forum. but we begin this hour with apple. the company made news on two fronts this week. the first, president trump's visit to the austin texas factory. macst to discuss keeping and iphones free from tariffs. the other news involved the way apple tests software changing after a series of bugs marred the last system. we kicked off the conversation thursday. >> basically, apple's ios software has been bugging the past few years. this particular release cycle, it has been especially buggy. they are going to make it so that engineers earlier in the process can determine what is working in order to hopefully c

taylor: i am taylor riggs in san francisco, in for emily chang, and this is "bloomberg technology." strong debut. shares of alibaba begin trading in hong kong, ending the trading day more than 6% above the list price. bookkeeping with scrutiny. and we hear from viagogo chairman and founder after that stubhub cash deal from ebay. five years ago, alibaba pulled off its biggest ever ipo on wall street today, the biggest share sale in hong kong in years. the listing is being seen as a triumph for a stock exchange. it comes as pro-democracy protest have gripped the city for weeks. joining us from washington, john freeman, vice president of equity research at cfra. if you look at the company raising an additional 11 dollars, where do you see that use of in terms of that cash? john: it will be interesting to see what they do. i think that brings them to about $43 billion in total, 21 in net cash. i would like to see them invest more heavily into the cloud business which is a percent of revenue now, it was growing 64% year-over-year growth in the last quarter. we have seen this movie before

taylor is the deep state. taylor is someone who has spent his life in government. and the way this president has somehow made people who make that choice the bad guys that somehow they are the swamp, they are the ones that are holding him back. that lame stream media is his whole problem. taylor is what's best about his country. and that's why he was such a powerful witness who is going to be used by either side. the other thing that happened today that was really interesting was the line that jordan was trying to sell that this was due diligence on corruption that delayed this aid, george and i talked about it while this testimony was going on, the timeline between september 5th and september 10th, the whistle-blower report was made public. the i.g. came to congress with a complaint. there was an editorial in "the washington post," and bolton quit. september 11th, the aid was released. he was busted. >> he got caught. >> he had had nothing to do with due diligence on the corruption in the ukraine. it had everything to do with getting busted. and that's why they re

taylor: thank you. for more on softbank's vision fund and the venture-capital landscape, i'm joined by mark canha. the is a professor at the university of san francisco school of management. as we take a look at softbank, how much of a permanent or temporary scar would be the big write-down for both softbank and their vision fund this quarter? mark: first of all, thank you for having me. i think for any venture fund which is really what the softbank vision fund is, you have to consider it as a long-term fund. like any venture fund, don't necessarily expect every investment to do well right away or sometimes ever. while certainly in the short run, it is going to hurt definitely. the time spent for these types of investments is much longer than say a typical public portfolio. rather, it is really measured in years rather than days or months. taylor: like you point out, the whole point of venture -- the word alone0's and those companies too much and should we assume, yes, some are bound to fail? mark: i ty

kent, ambassador taylor, thank you for your service. i have a great deal of appreciation for your profession. you have very little direct contact with decision makers, a tremendous amount of responsibility and not a lot of authority to affect u.s. policy, bilateral engagements or multilateral engagements. you're trying to shepherd through issues with our allies. one example of that, ambassador taylor, is that you testified in your prior testimony that you have not had any contact with the president of the united states, is that correct? >> that's correct, sir. >> mr. kent, have you had any contact with the president of the united states? >> i have not. >> so not only no conversations with the president of the united states about ukraine, you've not had any contact with the president of the united states, correct? >> that's correct. >> so you don't know that this impeachme impeachment inquiry is about the president of the united states, do you? someone who has had no contact with the man, i find it amazing that two people first up would

taylor testified, ambassador bill taylor said he did not want zelensky to do that interview where zelensky was supposed to announce these investigations he was going to do. take a listen to this excerpt from the testimony today. >> i know that the ukrainians are very concerned about the security assistance, and i know that they were prepared, or preparing, to do, to make a public statement, that is with a cnn interview that that was being planned. those are the two pieces that i know. >> and that cnn interview was to announce these investigations as you understood it. right? >> that was the implication. certainly the implication. >> so fareed, and reminder, of course, to everybody watching in the united states that your show airs all over the world including in ukraine. there's a reason why cnn or cnni would be chosen for this. what did you know about this interview when you and your team where trying to negotiate a sitdown with the new president of ukraine who regardless of this investigation stuff and ukraine scandal was a legitimate story and compelling player in his own right? >> this

at least it appeared to be funny to ambassador bill taylor. >> ambassador taylor, i want to turn to the discussion of the irregular channel you described. in fairness, this irregular channel of diplomacy, it's not as outlandish as it could be, is that correct? >> it's not as outlandish as it could be, i agree with that. >> ah, yes, sir. could be even weirder, i suppose. they could wear, like, mexican wrestling masks, that would make it weirder. but so, that's like how the committee counsel starts on the republican side, but then, point of order here, if you right now are washes dishes or not looking at the screen, this next thing i'm going to show you is a visual, you want to see this. just watch how ambassador bill taylor responds as the republican committee counsel keeps going down this road, trying to get bill taylor to agree that what president trump was trying to do here in crew yan with his cast of characters that were, like, taking over and running a parallel foreign policy that was in opposition to actual foreign policy and seemed to be just serving the president, he's trying to

♪ taylor: i am taylor riggs in for emily chang and this is "bloomberg technology." coming up in the next hour, wework layoffs are set to begin this week in the u.s. what this means for the future of the company amid a tumultuous year. plus, u.s. lawmakers are looking to make life harder for the chinese owners of the video app tiktok. we will have details on the new national security bill. and, trucks before taxis. driverless fleet give truckers more time at rest stops? first, to our top story. wework says job cuts will start this week. the struggling office sharing startup said that cuts will improve efficiency and accountability. bloomberg has learned that about 2000 jobs will be eliminated, some 16% of wework's global workforce. ellen huet joins us with more. what do we know about these layoffs and where it fits into their broader strategy of slimming down, if you will? effort that has been going on in bits and pieces but it sounds like based on this new memo that the executive chairman sent this morning, it is going to start "in earnest in the u.s. this week." th

taylor: that was ashlee vance. coming up, former american express ceo and chairman ken chenault discusses his effort to link with higher education programs with employers. his position on the board of the denver-based, fema ed guild , education, that is next. this is bloomberg. ♪ the education industry appears to have given birth to its newest unicorn one that wants to connect to educational programs with the understanding that higher education can lead to economic mobility. guild education is a denver-based female lead unicorn that is fresh off of an infusion of cash taken into the unicorn status. on thursday, i spoke with the ceo and a member of its board of directors, ken chennault, who happens to be the former ceo of american express. >> at guild we partner with leading employers like disney and walmart to collect education -- connect education for their employees with the corporate strategy. we have done it by building a technology platform that enables companies to offer education to their employees and in

taylor: why aren't we doing a job?r why aren't these tech companies doing a better job of verifying what employees have access to special data, and why isn't it only a select few? reporter: that's a great question and one we have been asking over the last couple years. facebook in particular has dealt issues.ot of privacy part of it is when the companies first started, they were growing at such a rate that the idea of protecting and locking down information was a secondary productso building the and adding more users. the idea that these places were workforces, people can go in and have access to build necessary futures was just part of working there. only recently did we realize it might be a problem. taylor:taylor: coincidentally, ever core analysts came out and cut the stock in part because they have underinvested in r&d. fact, andights that now we are seeing a play out. that is part of the story as well. reporter: i think you can always criticize companies for not doing enough on security. i think that's probably a

from taylor, taylor became "worried" about rudolph giuliani's role in the ukrainian policy and taylor and others, and that is a broad birth to affect foreign policy. that is how republicans try to narrow things into the phone call here and say wait a minute. bill taylor wasn't on the phone call. we don't think there's anything wrong there. whereas bill taylor was just getting things in his ear and diplomatic channels and everything else saying there might not be anything there, they are. and that's why he was reaching out to gordon someone. >> dana: is it possible just procedurally that the republicans could make a change and put jim jordan, the congressman from north carolina, on the committee before that hearing las next week? >> you try to get the best match up the republicans. he's been in all of these closed-door depositions and he faces the same problem that chip roy, that we see at the top of this deposition was trying to pose questions. chip roy is on the oversight committee and you can't pose questions in these oversight commissions unless you are a member of the intelligence

y taylor, atenciÓn sigue taylor, y el rebote para taylor, y sigue taylor. >>> y quita la pelota fabricio peralta. hay cambios, y vamos a ver quÉ recordemos que tiene dos au sents, uno por lesiÓn. y otro por suspensiÓn, y ya hizo un cambio. no agarra la pelota. >>> cambiÓ el esquema y abrio el partido, no sigue con los mismos dos en puntos, poco de durlt lo mejor que tuvo paraguay, seguramente habrÍa cambiado el partido, era el uno para cero para paraguay. pero despuÉs del esto, siguiÓ el dominio holandÉs, que buena plata, y el centro, y la baja y el arquero. , pierde hansen. gran sacada por parte de gonzÁlez, gracias a Él, es cuatro a cero. solo el goleador. >>> a ver. Él lo sabe, por eso lo lamento. y la catÁstrofe paraguay en la prirment parte con un tres a cero. agregÓ tres minutos el Árbitro. >>> usted no me responde. si hubiese pitado una de las manos, la primera me queda la duda si bernardo se la lleva con la mano despuÉs no me queda duda, ato ten es equivocÓ aquÍ estÁ, gol. >>> gol de paraguay. el error y desvÍo la el pelota. y el arquero que la cedÍa, y aprove