>> first of all, that it was a fantastic intervush and second of all, they have never seen jeff bezos be so candid before, but it is interesting, because i found it to be a jobsian interview, because he didn't give details, and he said he would not talk about the private decisions or the amazon road map, but still giving enough information to the audience to the public to say, hey, this is what we are interested in and what we are working on. >> and it is close to the vest does not describe what he did last night. >> very forth coming, and this is different bezos than we have seen in a long time, and there a transformation just in his attitude and the expansiveness and the sense of things. talking to a lot of people in the audience afterwards, they said, he is very grounded and a cool guy and nice guy, and that sort of thing, and especially when you are not that much in the public eye and not doing these public interviews people don't have a sense of who you are and what you are thinking about things. >> well, he was not defensive and very clear philosophically about certain thing, an

. >>> and the future according to jeff bezos. the amazon giant speaks out on his company, artificial intelligence and the race for space and much more. it's wednesday, june 1st, and "worldwide exchange" begins right now. ♪ >> a very good morning to you and a warm welcome to "worldwide exchange" on cnbc. i'm wilfred frost along with dee. let's get straight to the market action and bring you up to speed. yesterday, we saw the dow slip about .5%, but it just hung on to gains for the month of may, gains for the s&p over 1% for may and for the nasdaq, over 3%. the tech sector was the best performance and today, giving up a bit of that positivity. the dow currently lower by five or six points. we're looking at the ten-year note this morning. let's have a look at that yield. we're looking at a 1.83 had%. so down a lot bit over the last 24 hours. a little bit of bond buying. >> wilfred, it is already up. just talking about this before the show started, but -- >> pinch and a punch for the first day of the month. that is a phrase i've no

jeff bezos of amazon and the ceo of cisco as well expressing interest. >> john harwood joining us on set. it is fascinating to watch the political world catch up with what the tech world has been preaching for a long time, and that is -- >> no question. president obama has been trying to reorient american foreign policy toward asia and this is the counter balance to china, and seema talked about the increasing trade to india, and the two leaders talking about the acceleration of plans for six nuclear plants to be built by westinghouse in india. now they have, they did not talk about specifically the south china sea which is a security concern that the united states has had with china and the president discussed it in the recent trip to veietnam when he talked about selling military equipment to vietnam, but the two leaders didding a e gree that india is going to move forward with the joining the paris climate agreement which is a huge priority of the president, and carbon reduction, and all of this is consistent with the relation that the president is nurturing to achieve various of

jeff bezos speaking last night and making a the love headlines. what he said about artificial intelligence next. plus, sundar pichai will give us an interview in a few moments. with usaa is awesome. homeowners insurance life insurance automobile insurance i spent 20 years active duty they still refer to me as "gunnery sergeant" when i call being a usaa member because of my service in the military to pass that on to my kids something that makes me happy my name is roger zapata and i'm a usaa member for life. usaa. we know what it means to serve. get an insurance quote and see why 92% of our members plan to stay for life. my m...about my toothpasteice. she eveand mouthwash.ice... but she's a dentist so...i kind of have to listen. she said "jen, go pro with crest pro-health advanced." advance to healthier gums... ...and stronger teeth from day one. using crest toothpaste and mouthwash makes my... ...whole mouth feel awesome. and my teeth are stronger too. crest-pro health advanced... ...is superior to colgate total... ...in these 5 areas dentists che

and you think that theil is 100% right, and you know that jeff bezos came out strongly in favor of the gawker position, and you said, look, you are will find yourself on the other side of the situation like this as a billionaire, and get thicker skin, ugly speech needs protection, and we don't want to create a culture in which the billionaires crush speech with t the third-party lawsuit, and which part of that do you disagree with? >> well, it is an ugly situation, and it is based on something that happened ten years ago at a time when the country was very different, which was gay men were very fearful of being out and had to make limited career choices, and at that time, gawker printed lies about people, and destructive in outing the people, and trying to destroi their careers and gawker has changed since then, and they don't do that. >> and theil is a gay man so i can't imagine that since the owner of gawker is gay, he was out to destroy his life? >> well, we know that, because we printed the story in the same day, gawker was at that time paying for stolen content whether it is a sto

we love aws, we love jeff bezos. and we want to continue to emulate and be like them. >> so it's possible that a retailer like marks and spencer can build a very similar site to amazon and tap into amazon web services and be able to be equal footing. >> well, the reason i bought demandware is we have a lot of common customers and i got an e-mail from milan -- >> i bought a jacket from them. >> beautiful stuff. a customer salesforce, a customer demandware, now they can have a common platform to manage all their customer information. i got another e-mail this morning from vitton, can be one customer solution to connect with customers in a whole new way. pretty cool. >> you paid a lot. is that because -- there's a very impression piece by piper jaffry yesterday recommending the stock. that's called timing. >> i did see that last night. >> good timing. >> yeah. >> they call it good sushi at a good price. i think it's a fabulous price. but they talk about how adobe, ibm and oracle would also be interested in buying this b

trump has come out and criticized jeff bezos. he talked about the legacy of the "washington post" and catherine graham being threatened by the nixon administration. so a very electric, wide-ranging conversation he had. he answered a number of questions. cleared the qs for the q & a portion before he skipped out of here. i will have more actually from this conference throughout the day. i had a conversation with mark fields, ceo you have foof ford. coming up in the next hour. >> jon fortt at the code conference. >>> coming up, a new month, new round of opportunity for investors. stay tuned to "squawk box." ♪ ♪ for decades, investors have used a 60/40 stock and bond model, with little in alternatives. yet alternatives can tap opportunities that traditional assets can't. and even though they're called alternatives, they're actually designed to help meet very traditional goals. that's why invesco believes people should look past conventional models and make alternatives a core part of their portfolios. translation? goodbye 60/40,

. >> and even jeff bezos is hot on the region. we will talk about trading it next. >>> and before the break, the heat check, and there it is with the dow up 32. we will be right back after a quick break. i'm here at the td ameritrade trader offices. steve, other than making me move stuff, what are you working on? let me show you. okay. our thinkorswim trading platform aggregates all the options data you need in one place and lets you visualize that information for any options series. okay, cool. hang on a second. you can even see the anticipated range of a stock expecting earnings. impressive... what's up, tim. td ameritrade. imagine if the things you bought every day earned you miles to get to the places you really want to go. with the united mileageplus explorer card, you'll get a free checked bag, 2 united club passes... priority boarding... and 30,000 bonus miles. everything you need for an unforgettable vacation. the united mileageplus explorer card. imagine where it will take you. ♪ i could get used to this. now you can. w

modi met with president obama yesterday and attended an even with amazon's jeff bezos. bezos is invests $3 billion in the country. bezos calls india amazon's fastest growing region. and apple ceo tim cook has been echoing similar sentiments in terms of what apple's prospects are in india. it's the darling, perhaps the way brazil and china used to be. >> i should point out when amazon wants to get into a country it kind of already has an amazon called snapdeal. it may be late mover effects for them. >>> top trending stories, the new york daily news not holding back on what it had planned. it features paul ryan alongside a smirking donald trump with the words "i'm with racist." late last night, the paper went to print with a new front page, this cover featuring the word "her" and a smiling clinton. it will the had newsstands while the other was released as an early edition. and the post with the headline "the first lady." coming off the hash tag that was trending. >> first lady, her tenure as first lady in the white house in the 1990s. now, she's the first female presiden

emily: jeff bezos made a big investment in india. $3 billion. is it the time were india can really charge forward in the technological revolution? world -- or will there be insurmountable challenges? vinod: i think jeff is a bury -- a very smart guy. he understands the problem quantitatively. emotional person. he is buried quantitative at how he looks at things. -- he is very quantitative at how he looks at things. analysis of different things. i remember when he started talking about how books in 1996 how they were a good starting point. when he said he would invest in md -- invest in india and spend more time in e-commerce more than i have, i completely believe he is doing a smart thing. i don't think it is without risk , but it is risk-adjusted, probably a very smart bet he is making. years,are talking 10 india will be a great market. emily: there is a lot of talking about the environment bubble. if you could write a blog post about violations in the environment, what would you write? is it my beef with that was written in response to all the

last night's headliner, jeff bez bezos. the amazon boss is pretty bullish on it. >> i think it's gigantic. i do. i think machine learning in general, artificial intelligence, this -- it's probably hard to overstate how bill of an impact it's going to have on society over the next 20 years. so it is big. it doesn't mean phones are going to go away or anything like that. it's not like voice interfaces are going to replace screens. >> bezos says amazon has 1,000 people dedicated to its alexa voice powered platform and spent years on it before bringing it to the public. amazon's echo has been performing well. as for our future projects, za zoes hinted at amazon getting into the wearable space. >> it's a super interesting market. i obviously can't talk about our future road map. but, again, i think that's also in its infancy. i think you'll see a bunch of different products be successful there, different functions a and -- but i don't think you've seen the tip of the iceberg yet. >> and we'll have much more from the conference t

emily: jeff bezos just made a big investment in india. you think now is the time where india can really charge forward in the technological revolution or will there be insurmountable hurdles that will continue to hold the country back? >> i think jeff is a very smart guy. i wouldn't bet against him. even when he started selling books he made an announcement of 50 different categories. if you cut about 10 years it could be a great market. emily: there's a lot of talk about the environment. beefght be with that -- my with that is that it was response to all the private valuations and markdowns. it was silly to write an article orut a company like uber somebody at fidelity marks down. a month later the market up again. their stockpanies prices would go up and down every single day. it's a go up and down in the private market where they hear. i think it's silly and the press doesn't need headlines to write about. smart founders on the other hand should care about valuations. she taken into account. have enough money when valuations come down

when i went to jeff bezos' facility they were building the same rocket for $30 million. john: nasa did once do thing that were never done before. after russia launched a satellite our president said this. >> our nation should commit itself to achieving the goal before this decade is out of landing a man on the moon and returning him safely to earth. >> we are carrying that infrastructure with us today. nasa spend $18 billion of taxpayer money per year. half of that goes for the infrastructure that was built for apollo. they only have a third of the it.ng power so they can't do as john: most of the rockets going up now are private companies. >> space has been privatized. john: they are planning to go to mars. >> probably $50 billion by the time it's built. we have no money to do anything beyond that. the soonest we would go to mars would be the mid 20s and 3. i just don't think that that's going to be the way we get there. elon musk announced he's going to mars in 2018. not with people. but should he do that near the range with the heavy-lift vehicle. it will be obvious w

a lot of what jeff bezos does is amazing. but as a trade, i love it. as a long term buy and hold, i just haven't been able to do that. i haven't been able to wrap my head around it. same reasons as steve and i. >> do you worry about the so-called, if you want to call them that, moon shots? just because all the other things that he has going on? >> no. look, i think the company is great. it is the gratest growth story out there. the stock is a different story. now this is a company that has choppy earnings. it seems like once a year they give you an opportunity. we had one earlier this year. maybe we'll get another one later this year. if they miss one earnings, the stock sells off, 150 points, that's actually a great opportunity to enter the stock. and this time i'm going to hold myself it to. i will enter it. >> it sells for $150. but you're a value player. that's selling at only 100 or 200 time earnings. >> no, it's selling more like 45. >> so the portfolio is selling it 100 time earns. >> okay. that's hilarious. >> okay. we'll take a quick break. on

we will talk about the ceo jeff bezos. he said something about the future, forget the stock, raising a lot of eyebrows, the future of technology and what is ahead and what type of things we will be using. jeff bezos's comment on amazon, coming up. connell: back on cavuto coast-to-coast talking politics, sheldon is a big time moneyman in the republican party. there are reports about setting up a pro trump super pac which might be big. charlie gasparino has been all over this type of thing and put in the past confusion and republican donors on how they can fund trump and he joins us now. >> i ran here for you. i ran here. connell: i said get a handkerchief. >> two people i run for, you and cavuto. connell: fair and balanced, irish and italian. the only disappointment internally yesterday was there was no name-calling towards you. charles: he didn't call me a sleazeball. he looked the other way, looked the other way when my producer, he didn't pick my producer, brian schwartz. one of the problems donald has against the clinto

jeff bezos blasts beyond. details of the weekend launch. ♪ emily: this is bloomberg west. tim cook is holding a fundraiser next week for paul ryan. this is according to republican aides. some will go to the congressional committee to benefit other candidates. tim cook looks to boost establishment republican. he will not sponsor the convention next month. a number of companies have scaled back or dropped their support of the convention. the apple asia ambitions are being put to the test. the government clears away to open up shop with foreign investment and, in china, apple is reeling from a setback. our managing editor of tech coverage is joining us now from new york. peter, i will start with you. how big are the changes in india for apple? emily: it is a step -- >> it is a step in the right direction for apple. there are local sourcing rules that require you to get 30% of your inputs from a country to open your own retail store. apple has been trying to get around these. the last we heard was that the government would hold apple responsible for meeting local sourcing rule

emily: jeff bezos made a big in -- investment in india, $3 billion. can india charge forward in the technological revolution? or will there be insurmountable hurdles that will continue to hold the country back? a veryi think jeff is smart guy. i would not bet against him. he studies the problem quantitatively, every single time. he is not an emotional person. he is very quantitative and how he looks at things. even when he started selling of 50 he made an analysis different categories. i remember him talking about this in 1996 on wide books would be the first and best starting point. when jeff says he is going to invest in india, and he has spent more time on e-commerce in india, i completely believe he is doing a smart thing. i do not think it is without risk. but it is risk adjusted. it is probably a very smart that he is making. 10hink if you're talking years, india will be a great market. emily: there is a lot of talk about the environment bubble evaluations. what would you write about that? vinod: my beef with that is that it was written in respo

jeff bezos met with prime minister modi last night. we'll hear from him when he addresses congress later this morning. >>> clinton wins enough delegates to become the presumptive democratic nominee. is the battle between her and mr. trump gains momentum. the market seems to be shrugging off this political uncertainty. >>> shares of lululemon bouncing around in the premarket after raising forecast for the year but offered a softer outlook on the current period. we'll talk about what's ahead for that company. stocks are looking to maintain their upward momentum a day after the s&p posted highest close since july of last year. oil rising to some eight-month highs. brent hits 52. all of that happening as david said within the politics mix. hillary clinton declaring victory in the race to become the democratic presidential nominee winning four primaries including california where it wasn't nearly as tight, jim, as some suspected it might be. >> yeah, you know, i think that people just want some sort of resolution of who it's going to be and

you may also know that washington post as backed by jeff bezos. >> when we come back could fbi director, said that orlando terrorist, was radicalized through the internet. critics call out silicon valley for not doing enough to curb terror, steve forbes is my guest on that subject next. >> they are shooting back and forth. look at this. >> let's go. >> oh, my god. they are all shooting back and forth. >> let's go. you pay your car insurance premium like clockwork. month after month. year after year. then one night, you hydroplane into a ditch. yeah... surprise... your insurance company tells you to pay up again. why pay for insurance if you have to pay even more for using it? if you have liberty mutual deductible fund™, you could pay no deductible at all. sign up to immediately lower your deductible by $100. and keep lowering it $100 annually, until it's gone. then continue to earn that $100 every year. there's no limit to how much you can earn and this savings applies to every vehicle on your policy. call to learn more. switch to liberty mutual and you could save up to $509. call lib

what are some of the specific challenges amazon and jeff bezos will be running into? there's so much talk about the slow governmental progress and bureaucracy in india. can amazon really cut through that? spencer they have adjusted their : model. they operate as a pure marketplace model. they are not owning inventory, they are simply a pass-through connecting buyers and sellers. , they do that in the u.s. as well, but they do a hybrid version where they own inventory, and are also a marketplace. so they are able to find a loophole to operate there, and big challenges are shoddy internet connections that can go out all the time and also infrastructure. so they have people making deliveries on dirt bikes over dirt roads. compared to ups trucks on a paved road here. there are a lot of challenges, but they also see opportunities. the second largest country in the world, e-commerce penetration fairly small. 4% or 5% compared to 10% in the u.s.. tremendous headroom. tremendous opportunity despite those challenges if they are willing to commit the resources. that is somethin

. >> and yet jeff bezos was feeling good. >> and yet, he was in a defensive posture of lawsuits and election and how he is being attacked and so it is a point of pause that more entrepreneurs are thinking the bigger thoughts about the important issues and not the next app. >> and so, we talked to bezos, and it is worth talking about what he told walt tuesday night i believe. take a listen. >> i believe that the amazon studios koud tu s could turn in fourth pillar, and what this is is happening with alexa, and other artificial intelligence agent agents. and by the way, i think that there are going to be a number of the artificial agents in the world and there are going to be apps and websites that are specialties, and maybe you are not going to have the same a/i for everything. from the business point of view, we will monetize the content in an unusual way, because when we win a golden globe, it helps us to sell more shoes. >> walt, i'm interested to think of what you thought about that conversation? >> i thought it was great conversation, and happy with the way it worked out. he is different

amazon founder, jeff bezos, successfully tested a rocket for his space flight company blue origin over the weekend. but did you see what the rocket looked le? anyone see this? take a look at this. [ laughter ] >> jimmy: it's the only rocket that needs a little blue pill before liftoff. [ applause ] when jeff bezos heard the comparison, he said, "yeah, i'm sending the next one to uranus." [ laughter ] we have a great show, you guys. give it up for the roots right there. [ cheers and applause ] ♪ ♪ [ cheers and applause ] >> jimmy: hi, everybody! it is monday. we're so excited to be back. we have a big week of shows. but first, we have a fantastic show tonight. it's always fun when she stops by. from the new movie "the boss", the hilarious melissa mccarthy is here. >> steve: yeah! [ cheers and applause ] >> jimmy: there she is. >> steve: a delight. >> jimmy: she's the coolest. so funny. i'm going to face off with [ cheers and applause ] i'm nervous. plus, he stars in the new hbo series "vinyl," bobby cannavale is here. >> steve: yeah! [ cheers and applause ] >> jimmy: bobby cannavale

bezos. the reusable rocket lifted offer and landed upright in west texas. and a crew module >> this act left jfk overnight for a quick flight, it will be 90 hours, its next stop will be seville, spain. the goal is to fly around the world using only solar power. >>> a vanderbilt former football player will appeal his conviction. he was found guilty for a second time over the weekend. a mistrial wiped out his first conviction last year. he encouraged three teammates to assault the unconscious woman. >>> some big changes to tell you about coming to costco stores today the only credit cards that will be accepted will be visa cards. even your costco amex won't work there anymore or anywhere else for that matter. you can also pay at costco with cash, check. >>> finding dory proved to be quite a catch at theaters this weekend. it took in more than $136 million. that's the biggest debut ever for an animated film. the best ever for pixar and the second best ever for the month of june. it's the sequel

>> yesterday jeff bezos talked about how they are investing in a.i. and echo and the alexa software. do you see facebook creating something similar. >> we're invested heavily in a.i. two years ago mark showed up to talk about our plans and the research lab we've built to work on a.i. and using it on products every day to make it better so people can connect with each other. 800 people a month are able to see a month are able to see a post in someone else's language and applying a.i. in ways that people can connect. >> what about the next generation? >> you are starting to see some of this in our messenger bought platform. way for developers to plug and work with us in messenger. and instead of trying to search around on the interface you can just write a message. i think there is tremendous opportunity on facebook for people to find experiences by messaging through facebook messenger. >> but no hardware in the works? >> we're working on lots of stuff. >> sheryl, since the last time we spoke on cnbc, we've seen the explosion of live video. wii saw it r

bezos said he sees huge potential in india and will help the company compete with his rivals. in france, there is a good new opportunity for wine lovers, for people who want to invest. stephen: invest money and get wine in return. it sounds like an interesting idea, and it is the idea for a new crowdfunding website, set up by a former bordeaux producer to help smaller chateau's to raise much-needed funds. all of the projects are that it a a panel -- are vetted by panel. the founder said the idea was to find investors that understand wine. genie: do you understand wine? thank you for that. let's take a look now at our press review. genie: nicholas rushworth is here with us. take a look at what papers are saying today. hi, nick. lots of focus on hillary clinton, who has declared herself the present mommy in the united states. nick: it is the first time in history that a woman will be a majority party nomination. she shattered the glass ceiling, she says. let's look at the cartoon in "the l.a. times," showing her a bit forlorn, wearing a t-shirt in which she says i am a woman --

easy jeff bezos as a competitor now? jeff: there is a competitive piece. we are coming at it from a very different strategy. we are all about the transportation. we're bumping into each other. it will be interesting to see what winds up happening. we have some interesting advantages. we have our own operating itemsk -- we can combine like picking up a package at you will pay less for that trip because what else is paying for the package. powerful -- it is natural for us to move in that direction. david: that was brad stone with jeff holden. coming up come a conversation andreessen. the morningstar conference in austan goolsbee is our guest. that is coming up next. ♪ david: this is "bloomberg markets." americans are not letting a hiring slump slow them from going shopping. -- prevent them from going shopping. does this put fed policymakers --a patch for a rate hike path fora rate hike -- a rate hike? , thank austan goolsbee you for joining us. the fed forecasting model is broken and we are waiting for things to go back to normal. ?hat is normal, then aust

and jeff bezos is talking up the company's artificial intelligence plans ai could be huge. and when i spoke to amazon's ai assistant, alexa, roll that tape. >> alexa, who is ashley webster. ashley: oh, boy. >> ashley webster is a business news journalist for the fox business network, a news channel that he joined in 2007 and overseas markets editor. stuart: alexa, is ashley webster british or american? >> hmmm. [laughter] there's a lot of places you never want to see "$7.95." [ beep ] but you'll be glad to see it here. fidelity -- where smarter investors will always be. if only the signs were as obvious when you trade. fidelity's active trader pro can help you find smarter entry and exit points and can help protect your potential profits. fidelity -- where smarter investors will always be. ...one of many pieces in my i havlife.hma... so when my asthma symptoms kept coming back on my long-term control medicine. i talked to my doctor and found a missing piece in my asthma treatment with breo. once-daily breo prevents asthma symptoms. breo is for adults with asthma not well co

elon musk and jeff bezos soungd off on their intergalactic goals. musk says why his company will send people to mars even before nasa does. >>> plus, an exclusive interview. we're going to get his take on mergers, deals, ipos and work/life balances for their junior bankers. >>> a lot to get to. let's get to "closing bell." with the down 25 points, joining us today, wasif latif, and brenda. keith bliss from cuttonen company. he's at the post 9 stock exchange and rick santelli checks in from chicago. keith, we have the jobs number tomorrow. if it's a strong number, do you believe the good news will be good news for your the stockmarket? >> i believe it's stuck where it is right now. we're 34 points from the all-time high we achieved last may. when you look at the charts on the nasdaq and s&p, we're back to the april highs we achieved. if we barack through those, we should be a little higher. i don't see the stockmarket having a catalyst whether the stork market is good, bad, or indifferent. i think a rate increase is off the table for them. i think th

what are some of the specific challenges amazon and jeff bezos will be running into? there's so much talk about the slow governmental progress and bureaucracy in india. can amazon really cut through that? >> they have adjusted their model. they operate as a pure marketplace model. fromare simply a past connecting buyers and sellers. they do that in the u.s. as well, but they do a hybrid version where they inventory and are also a marketplace, so they are able to find a loophole to operate there, and big challenges are shoddy internet connections that can go out all the time and also infrastructure, so they have people making deliveries on dirt bikes over dirt roads. theylot of challenges, but also see huge opportunities. penetration fairly small. tremendous headroom. there are challenges of they are willing to commit the resources, which is something they have proven time and time again, they are willing to make the long-term play and invest the capital needed to see that opportunity. obviously, india has a huge population of customers and potential customers, but wha

let's turn to business where amazon ceo jeff bezos spoke out about censorship when asked about peter thiel who is funding hulk hogan's lawsuit. >> yes, the amazon ceo said that billionaires need to get a thicker skin rather than fighting media outlets that are attacking him. as you mentioned it was in answer to the question about peter thiel, the venture capitalists decision to back the lawsuit against the gossip blog, gawker. amazon is the ener of "the washington post" so i think perhap that was the hat he was wearing. but he didn't just reserve his criticism for that. he criticized donald trump and his efforts to freeze the media's examining of him. he said, look, america is a democracy, there's free speech. actually a presidential candidate should respect that. so not reserving his criticism for those that are at the -- attacking the media. quickup date on the markets, a bit of weakness in the u.s. yesterday. weakness here in europe as well. we have another one in the u.s. to watch for and after booking gains in may, tentative start to june. >> all right. thank you very much. >>>

bezos. the reusable rocket lifted off and landed upright in west texas. and a crew module was also tested and it landed successfully. >> this aircraft left jfk overnight for a quick flight, it will be 90 hours, its next stop which is in seville, spain. no fuel and no emissions. the goal is to fly around the world using only solar power. >>> a former vanderbilt football player will appeal his conviction. he was found guilty for a second time over the weekend. a mistrial wiped out his first conviction last year. he encouraged three teammates to assault the unconscious woman. and then recorded it on his phone. he now faces up to 25 years in prison. >>> some big changes to tell you about coming to costco stores today, the only credit cards that will be accepted will be visa cards. the wholesale retailer is switching from mastercard to visa. even your costco amex won't work there anymore or anywhere else for that matter. you can also pay at costco with cash, checks debit cards. >>> "finding dory"

jeff bezos, the ceo of amazon, says peter thiel is basically digging a grave for himself and should have had a thicker skin. on the other hand, there are venture capitalist that gawker not nice things about who have come to peter thiel's defense. i sat down yesterday with a legendary venture capitalist and -- ofr of an microsystem sun microsystems. i asked where you draw the line when it comes to freedom of the press. here is what he had to say. >> the definition is very ambiguous now. is a bloomberg journalist the same as a hustler magazine journalist? is a blog poster the a journalist -- blog poster a journalist? where do you draw the line? to me, there are two things that matter. anything that goes without , is going tolances go to a lawsuit. to nick denton, i say he needs checks and balances. that -- ift supports it were up to halt hogan, the lawsuits would be irrelevant. gawker and denton did something to hulk hogan. he created a legal case. it's important to use the law for protection. point, wellesting taken, a court did find gawker guilty of doing something wrong. i spoke to pete

: i would put it in the same bucket as jeff bezos and his space program. you know, it is probably funded less or motivated less by profit-seeking ban it is by changing the world and creating a new may be safer form of transportation. going toare ultimately be businesses. larry page has the fortune of having a lot of resources and he would like to expand some of them on his childhood vision. sheelah: i talked to rob vargas about how he came up with the cover image. rob: having an artist rendition of what it would look like. we did not have access to the actual car that larry page is we wouldo we thought start in people's imagination point. some eight childlike drawing references that aesthetic. what a flying craft would look like in the space age. >> i am intrigued by this baby. rob: there is a baby inside the issue. man who is building a cheap baby incubator in his garage. about over here? are these all pertaining to specific stories? rob: yes. each image pertains to a different story. the blackest black. we have a russell lies in. a coffee mug for space c

jeff bezos says he has 1,000 people working on this. this is going to be huge. >> who's going to get in it? >> right now all the big tech companies are in it. there are a lot of digital assistants. amazon has one that we have. it has alexa. apple has siri. microsoft has cortana. those are general assistants that then there are a thousand startups that have specific chat bots or people who work on specific tasks for you. >> this is a merger of a.i. and voice recognition? >> the two things coming together. >> i love alexa's voice. i almost picture her. i kind of know her. she's so soothing to me, to my ear. does that -- >> i wake up to her. that's one brilliant things -- >> wait. how do you wake up to her? >> first thing, i say what's the temperature? alex awhat's the temperature? alexa, what's the news? >> they say your name, too. i think that's cool. >> genius branding, giving them names and voices that people find attractive. it's been very helpful. >> you have a virtual assistants named amy. >> i do. >> one, why is she a woman, and tw

eastern right here, we're a step closer to space tour itch tourism, jeff bezos' company has successfully launched and landed this is amazing. i think this is buck rock rogers stuff -- buck rogers stuff, some of you don't know who buck rogers is, i have other stuff, jetsons? what am i going to, star trek? yes star trek, launched and relanded the same reusable rocket, it eases on to that launchpad. company is planning to makes it first trip with passengers within the next two years. wow. talk about an ambitious schedule. lou: up next, donald trump says we have a crisis on our southern border. >> i got the endorsement of 65500 border control agents, i said do we need the wall, they said, mr. trump issue we need the wall. lou: our next guest has seen the boreddish recently, and evidence of the crisis, joined by congressman french hill, republican just returning from a visit to our southern border, what high found he said was shocking. stay with us, we're coming listerine® kills 99% of bad breath germs. this is 100% useful for a 100% fresh mouth. what's it like to not feel 100% fresh? we don

john: do you have any sense that when he threatens jeff bezos that he may be over the line? think it's chilling. itold him that and that's why titled the column "brrr." john: thanks for stopping by. we will be right back. ♪ we've gotlove polls, polls. go to our website, bloomberg politics.com. coming up, emily chang talks to the ceo of k2 interactive and the president of nintendo america. "with all due respect" is back tomorrow. see you then. sayonara. ♪ mark: i'm mark crumpton. you are watching "bloomberg west." egypt's aviation administration says it has of the airplane that crashed into the mediterranean last month. the plane disappeared from radar on route two cairo from paris. a new poll shows hillary clinton opening up a double-digit lead over republican donald trump. 50% of those surveyed said they would never vote for trump. margin, voters say trump would do a better job fighting terrorism. connecticut democrat chris murphy launch the filibuster to force a vote on gun control legislation. murphy: having come through the experience of newtown, i've had enough. it

it's bill gates, melinda gates, elon musk, jeff bezos, sundar pichai, who's the ceo of google. - sheryl sandberg - sheryl sanberg, these are all enormous people. what do they get out of it? in many cases, these are people who don't do these sorts of things, except at gunpoint, and maybe not even then. - yes, right, i don't know. i am not sure what i do to that they like to come back and be pummeled by me. - because you're not exactly-- - nice, no. - well, i wasn't gonna say nice, but we'll go there if you want to. you're a tough interview. - here's, i think, why: i think smart people, like these people, enjoy a good discussion. we had steve jobs on eight times. he never appeared anywhere else but the code conference, except his own events, where he ran everything. - and this was the precursor to the code conference? - yes, exactly. he died before we started the second one, but he went there eight times. think about that. that guy never went anywhere. he went because he was a smart guy, and he liked great discussion. i think if you're a super smart person, and you're confident in yoursel

dropped $1hers that billion include bill gates, jeff bezos, and the uk's wealthiest person joe grabner. mark barton is standing by at westminster. he will take us into a deeper dive in u.k. politics. not on sunday, you would expect that much action, but we have seen at least 11 shadow cabinet ministers resign in an effort to put more pressure on jeremy corbyn to end his resignation himself. what are you hearing on that front. the fp reporter, we can see plenty more tomorrow. do the math, 20 + 11, 31. how many minutes on the shadow cabinet? that is 31. that includes jeremy corbyn, whose position is slowly becoming untenable. it kicked off earlier today, the shadow foreign minister hillary back, he said he had no more confidence in his leader, jeremy corbyn. corbyn sacked him, and then it was astonishing. 10 shadow ministers resigning, corbyn ain't going anywhere, we know that because joe mcdonnell, his campaign manager, the shadow chancellor, said he is not going anywhere. he has got the backing of the party as in the countrywide party. even if there was an election, corbyn's name would

. >>> another success for the private space company paraded by jeff bezos. the new shepherd was launched from west texas. the new model was tested and landed using a parachute. >>> ultrasonic sound waves which the bugs don't like. lg is selling the television in india. so useful to us, those are tech bytes have a great day. olay regenerist renews from within... plumping surface cells for a dramatic transformation without the need for fillers. your concert tee might show your age... your skin never will. olay regenerist, olay. ageless. and try the micro-sculpting cream you love now with lightweight spf 30. but can your multivitamin to be healthy. do more for your immune health? now one a day has the first multivitamin with probiotics to support the 70% of your immune system that's found in your digestive tract. new one a day with probiotics. your multi with more. transform everything. so, we're doing a taste test. which tastes better? "b," "b," and... mmm. ..."b." craisins® dried cranberries. flavor you can see. monday, starting a new week, i hope you going

lus, jeff bezos. ♪ cory: that is the san francisco bay right now. work is happening. ceo brian chris anders has other fish to fry. he finds himself in a sticky political situation. he planned to host a fundraiser for donald trump at his home here in silicon valley but he called it off after "the new york times" called him and said, what's up with the trump thing? he said the event was canceled. krzanich said, we are interested in engaging both candidates. his earlier support would have put him at odds with many other silicon valley republicans who have said they will not support trump. the robots are coming for your college savings. well front, a silicon valley-based robo financial advisor, will begin providing college savings plans in partnership with the state of nevada. joining me to discuss this right now is wealthfront's allie rosenthal. this seems to me like a huge win for you guys. nevada is different, i guess. in california there is one provider, and it's a slugfest. philadelphia -- fidelity has it down. > we are excited to be partnering with nevada to be mobi

you want to see >> washington post poll, let's talk about that, jeff bezos, he sprinkling it a half dozen anti-trump stories every day, on their home page or front page what is that? >> i have no idea his motivation other than defeat donald trump, but. poll underestimates number of republicans, that have like 24% republicans and 30% democrats. lou: michael 1234. >> well, washington post, i think it will more likely the editor who is martin baron who used to be editor of "boston globe," very far leftist, the piling on. lou: who does he work for. >> washington post now. lou: who does he work for. >> oh, bezos yeah. lou: it has been my experience, seldom do editors move in direct that the owner approve. >> i think there is approval but these i think are baron's instincts, the stories they all run together this is piling on. the 300 pound line man that comes lining in, after the whistle was blown day after day, "new york times" and doing the same. lou: they have backed off a little bit issue they acknowledged some positives about the trump candidacy. >> there is -- i missed them. >>. ther tru

blue origin, a private company, headed by amazon ceo jeff bezos, testied a rocket successfully o sunday. bezos is not the only big executive. elon musk and richard branson own competing companies. this is the fourth successful test for blue origin. >>> millions of ticketmaster customers are getting free tickets. the lawsuit claiming it was charging excessive fees. it agreed in a settlement to issue $45 million worth of tickets to customers. customers will get one code in their accounts to redeem for two general admission tickets. check it out. >>> "early start" continues right now. >> new vital information to be released today about the orlando terror attack as tens of thousands mourn the victims of the horrific shooting. >>> the senate to vote on four different gun control measures today, but none is expected to pass. >>> the cavaliers winning game seven of the nba championship. winning by doing something no team has ever done before. good morning. welcome to "early start." i'm ryan nobles. >> i'm christine romans. it is monday. first day of summer. 5:00 a.m. in the east. later today,

jeff bezos made the announcement in washington today. the prime minister also met with president obama during his visit. somen has already created 45,000 jobs in india. you can get more on that story and the rest of the day's news on bloomberg.com, or you can watch some of the interviews you may have missed on bloomberg today. we do appear to have breaking news. china has just released its new did -- release its newest trade data. pretty much a hint on the nose for the estimates for the exports, in dollar terms. the surprise here is imports, also faring considerably better than expected. a decline of 0.4%. the consensus estimate was for a fall of 6.8%. again, the higher oil price could be attributed to that. although it is a very small fall of 0.4%, is the 19th consecutive month that imports, in dollar terms, have fallen. att leaves the trade surplus $49.98 billion. imports did better than expected. exports pre-much in line with expectations, down 4.1% year-over-year in may. angie: let's get back to markets. a bit of a topsy-turvy wednes

i don't think jeff bezos pays himself anything. ceos whose pay is determined by with members who consult some consulting firm that checks the pay of other board members, that does not sound like a market to me. scarlet: a pure review? -- peer review? >> is just joe over there is getting $20 million and we think our guy is better than him, so he should get 25 million. that is not really a market. breaking news, revlon is buying a elizabeth arden for $14 a share, an all cash deal with the 50% rhenium on elizabeth arden's last close. the enterprise value is $870 million. revlon sees full-year combined company sales of $3 billion as a result. says that scott beatty will be joining the board as a nonexecutive vice chairman as a result of this deal. ♪ scarlet: i am scarlet fu. it is time for the bloomberg business flash. a bombshell from the 93 year old old sumner redstone, removing five members of the viacom board, including the ceo. that is according to a statement from redstone through his holding company. five new directors were el