cory: caroline hyde. thanks to goldman sachs' heath terry. it was supposed to be the day the company explains how much trouble of nuclear business was in, and we have that and more, two hours after the expected time of the report. toshiba says they needed another month for regulators and for them to finalize their earnings. it dropped another provisional report, chock-full of surprises. it will take another $6 billion write-down of its nuclear units and stop building new nuclear plans and may sell that business altogether. it may sell a majority stake in its memory chip business, once considered one of toshiba's few bright spots. here is toshiba's chairman, who is resigning. stick around, to hear from the man who made the payment at the loved by -- beloved by millennials. this is bloomberg. ♪ >> we are watching amazon web services unveiling amazon c hime. it will exist with competing products. 7% after then announcement of that new competition from amazon. we stay with amazon. to its the ingredients secret sauce, specifically how much money

caroline hyde spoke with that ceo. i have to harken back to the 1990's when i was in the air force straight one of the things we did in the air force is we said, there's the wing commander, the one star generals challenge. the escalated the responsibility of if there's a security breach, here's the one accountable. what happens when you make the head of an agency accountable for every security is it gets taken seriously. i think that will be part of the executive orders. cybersecurity, if there's a problem, there's something that goes wrong, it is you that is held accountable. that will make a difference. caroline: what about the spending on cybersecurity? it seems to have lagged. >> i don't know. when it comes to cybersecurity, a lot of deterrence in cyberspace. there's also a lot of deterrence outside cyberspace. it's a pretty broad swath of things. what is your opinion on where these attacks, threats are originating from? michael flynn resigning from the national security -- is national security adviser. it looks as

caroline hyde is standing by with aol ceo tim armstrong. caroline: i am indeed. a little bit from his bio. senior executive of google. even cofounded a newspaper in boston. all reallyirst of hit what you are announcing here at this female leadership conference. of are at 50-50 in terms female-male executives. how did you do that? as a brain was our first really investment -- real investment in women. there are 4500 women stories on makers, the largest catalog online of women's leadership stories. you want to lead as a company in this space. with ourar to us executive and up-and-coming executives, we asked them if there was one thing we could do to send a message as a company? they said, could we get to 50-50 gender at the top of the company, and we made a commitment to it. we sat on stage about an hour ago, and we are in the process of getting the company reestablished, we are recruiting . by 2020, we want to be 50-50 across the board in our executive team and top management of the company. it is a bold goal but we will figure it out. and equal-- caroline: pay by

caroline hyde is standing by with aol ceo tim armstrong. caroline: i am indeed. a little bit from his bio. ceo of aol, helped with the acquisition of verizon. he has tech in his back pocket. senior executive of google. even cofounded a newspaper in boston. i want to first of all really hit what you are announcing here at this female leadership conference. you are aiming for 50-50 in terms of female-male executives. how do you do that? ago the started six years as we partnered with makers as a brand. there are 4500 women stories on makers, the largest catalog online of women's leadership stories. we also want to lead as a company in this space. it is clear to us with our executives and up-and-coming executives, we asked them if there was one thing we could do to send a message as a company? they said, could we get to 50-50 gender diversity at the top of the company, and we made a commitment to it. we announced it on stage about an hour ago, and we are in the process of getting the company reestablished, we are recruiting. by 2020, we want to be 50-50 across the bo

selina: that was bloomberg's caroline hyde with the fcc chairman. snape is supposed to be one of the most successful ipos in years, when it prices after the market closes tomorrow. unique share class structure could spell trouble for the snapchat maker down the line. we dig into why, next. this is bloomberg. ♪ selina: soundcloud is undercutting rivals spotted by and apple music with a cheaper monthly music subscription service. the $4.99 subscription is half the cost of soundcloud's premium service and includes access to songs.red million the move is aimed at boosting revenue after the company warned in january that it may run out of money without more paying customers. music industry executive seiji their service will draw in price-sensitive subscribers and help them compete with youtube and free services. snap is poised to price shares with its ico -- ipo after shares on wednesday. it will be the biggest social media listing since twitter went public more than three years ago. snap has a unique shareholder structure that may raise questions for

let us get back down to barcelona where caroline hyde is there for us. let us talk about one of the companies that has signed on the dotted line. caroline: let us talk about ericsson. let us talk to borje ekholm. signatoriesof the wanting to get it faster into our hands. borje: thank you for coming here and meeting as here. 5g is really starting to happen. that does not mean it is commercially deployed yet at what we are starting to see is theirions positioning networks and eve allington into five j. that is where we can get a lot of learning and experiences for the future. so much excitement about you coming to the helm. number one priorities? is to reviewerm our strategic options. that is what we are working on. are looking at more and bigger options to see what our alternatives are because we need to make sure that we have the resources to invest and strategies to invest for 5-10 years out. on profitfocusing rather than market share growth. are you worried that coming of age in 5g you could lose market share? borje: in order to be a successful company

caroline hyde spoke to the v.p. of the european mobile division. >> we have been through a big challenge with the note 7, one of the biggest challenges in our history. we took a lot of learning, and we want to demonstrate today that quality is part of our mission. i think we want to thank all of the customers that stayed with us and even embraced more the galaxy s 7 in the past few months. that demonstrates we are still well tuned with our customer base. we owe them more innovation and more quality the future. that is what we are showing today. caroline: will you refurbish the note 7? many loved it. many seem to be taking it back. will it be going back on the market? >> i cannot commit on that. i think we are trying to find of thet way to dispose products in the most responsible way. we are working with authorities and our partners to find the most responsible. caroline: samsung has been known to drive innovation, sometimes putting out pieces of equipment maybe early in the lifecycle before they have been practiced.

let's get back to caroline hyde at the mold whole world congress. indeed. we are joined now with what is hot here this year. >> good morning. a subject of don't to telecom. infrastructure that capacity and it gives time with aresponse lot of technology coming to the people. >> how does that help? what kind of devices are you going to be bringing? ande are connecting people devices in our infrastructure in 2020 and everybody is connected. you know? technical equipment here withverything has to come guaranteed services that are process with a special offered. >> is this working fast enough? are the fastest industry in the world and regulators are trying to hurry up and they are catching up. there is all this different functionality and you need to make this available. this is what the industry needs. i want to hear about how deutsche telekom is forming. well and there is an unbelievable growth rate every quarter and, in germany, andave had this very solid we will have it. >> there is so much speculation interested if t-mobile will pare together. time, i amauc

caroline hyde by with a guest. caroline? >> this is the chief executive uca.iat, look at a male -- l owned by volkswagen, the german giant. a mobile event. why? >> it makes a lot of sense to be in the mobile and obviously, we are the brand of barcelona, so i think the natural, especially because we are investing a lot in connective cars and you know, the big frames, and we would like to be a front-runner, so i think it is a great fit, and the reaction is very good. luca: i mean, we do not know until the wall thing will developed, but it will be one of the field will be specialized because our customers are very young, asking not to interrupt the digital experience. connective cars will be the next big platform for mobile together with the house. caroline: you have been writing in the u.k. press. article saying you want to compete also collaborate with technology. you are working with apple, samsung, as well as google. are you really going to collaborate? don't you really want to own the whole ecosystem? you don't want to giv

i am caroline hyde. this is the "best of bloomberg technology." we bring you our top interviews from this week in tech. snap filed for an ipo, $3 billion, the details ahead. plus, apple sales at an all-time high and mobile ad revenue pops. we break down the big tech earnings of the week. ceo digital pivot, the shares how it turned to big data and won. first, snap filed its long-awaited ipo with an initial price of $3 billion, planning to raise $4 billion for a market value of $25 billion. the parent company is the first u.s. social media company to go public since twitter. is the first opportunity for outsiders to get a close look into the company known for its culture of secrecy. revenue ofoking at 404 million dollars last year, and an net loss of $514 million. you can see how much cash this company is burning. the headline daily active users, the revenue number, but we did not have a sense for how much they are having to spend to get there. glimpsethe first investors have to take into account. can i ba

i'm caroline hyde. jumping inill after-hours trade straight get into my terminal, a more than two percentage points. investors bullish on the social network after a report say 51% jump in sales to a $.8 billion. the company user base -- $8.8 billion. continuesy user base to grow. facebook solidified its position as number 2 in the market for mobile advertising behind alphabet's google. how can it continue with momentum into 2017? with us is before us to and the ceo of tech economy and bloomberg contributor. let's start off with the share reaction we are seeing and the phenomenal growth overall we are seeing. one billion users added in one year. one of my colleagues, who rose for gadfly -- writes for gadfly -- >> it is incredibly phenomenal. i see these numbers and it just -- it kind of blows my mind. even though i've been following facebook as an analyst for years, i think back to 1999, was in social media before we called it that and we ended with 10 million users and we are really excited. it is like

. ♪ cory: i'm cory johnson in for caroline hyde. this is bloomberg technology. 97 tech companies take a stand as san francisco becomes ground zero in president trump's travel ban. a detailed look on who will be making off of virtual reality. ber is researching floating taxis. we will talk to the man who literally wrote the look on uber's flying cars. the epicenter of the international debate on president trump's immigration policy is right here in san francisco. the band temporarily restricted citizens from seven muslim majority countries from entering the u.s. it remains on hold after a judge in seattle ordered a hold on the band. they are now deciding whether to revert toe band or earlier policy. 97 companies, including some of techiggest names in filing a legal brief condemning the ban. let's bring in shannon peddie. what is the latest? the deadline for response from the trump administration was two minutes ago. shannon: they get their response and they could have the appeals court issue a ruling off that or they could request to

julie: caroline hyde in san francisco, thank you. ♪ this is bloomberg markets. i am julie hyman with mark barton in london. the world's largest cosmetic company l'oreal met analyst estimates but they say 2017 will be eight "chaotic year because of political risk." bloomberg spoke with the ceo. bethis year will truly chaotic. last year was chaotic, too. [indiscernible] definitely, it is giving more and more. the beauty market was pretty good. plus 4% and our business is pretty good. we will see. expect in france for it to continue? >> i am not sure yet. i hope not. it is true that last year, france was [indiscernible] market of all, itmarket of all,. it was the worst market in the world, so i would really hope that this year will get better. and we will see. >> do you have a contingency plan in case of france's exit that europe? >> no. we would think about it later. [laughter] for the moment, i prefer not to direction.is the think it would be really bad. >> what brand specifically could potentially be impacted by this new u.s. protection? >> i do not know. it dep

i am caroline hyde. silicon valley finds its voice as president trump's immigration ban fuels outrage across the tech sector. trump's next executive order restricted immigration. and trump's next order on immigration may even be a greater blow, targeting work releases that google and apple used to recruit talent overseas. on monday, sean spicer address ed the reform effort. >> you have already seen a lot of action on immigration. whether it is that or spousal visas, there is a need overall to look at all of these programs, and you will see executive action and comprehensive measures to address immigration as a whole and the visa program. caroline: we caught up with alex wayne in washington for more. >> this h-1b order is a much bigger threat to silicon valley than the order that trump issued on friday, although i think this h-1b visa order could be more popular among average americans than the immigration order on friday. there has been, especially in congress, republicans and democrats, there has been c

i'm caroline hyde. are investigating the extent of contact between president trump advisors and russian intelligence agents in the lead up to the election. this after michael flynn step down this week. the developments are the latest example of national concern about russia's cyber capabilities and influence on u.s. national security. we spoke with retired four-star general keith alexander. he is now at the helm of ou ironnet cybersecurity. >> i don't want to get in front of the president not having seen the executive order. what he gave to the press about addressing government, getting their i.t. infrastructure ready, getting government and industry to work together and address key problems, those were all in the right venue and what our nation needs to get started. the key thing you see in his approach is that he is delivering on a campaign promise that we will take cybersecurity seriously and address this problem, and to do that, we need government and industry to work together. onnet does look to th

. ♪ >> i'm caroline hyde. coming up, snap officially following -- filing for an ipo with an initial price of $3 billion. the details ahead. drop.amazon's numbers ceo slams on the brakes, calling it quits on trump's economic advisory council. all the details ahead. first to our lead. snape has followed the long-awaited ipo with an initial price of $3 billion. they plan to raise $4 billion for a market value of as much as $25 billion. the parent company of snapchat is the first u.s. social media company to do so since twitter over three years ago. this is the first opportunity for outsiders to get closer look into the company that is known for the culture of secrecy. joining us is alex barinka. we also have sara, who covers all things facebook and snapchat. , ale you are the ipo guru. the first thing i was looking at, the headline financial numbers with this company. i was looking at revenue of $404 million last year, and a net loss for the same of $514 a year. you can see how much cash the company is burning th

i am caroline hyde. this is the "best of bloomberg technology." where we bring you our top interviews from this week in tech. snap filed for an ipo, $3 billion, the details ahead. plus, apple sales at an all-time high and facebook sees mobile ad revenue pop. we break down the big tech earnings of the week. ge's digital pivot, the ceo shares how the biggest manufacturers turned to big data and won. bloomberg exclusive interview. first, snap filed its long-awaited ipo with an initial price of $3 billion, planning to raise $4 billion for a market value of $25 billion. the parent company of snapchat is the first u.s. social media company to go public since twitter. the ipo is the first opportunity for outsiders to get a close look into the company known for its culture of secrecy. bloombergup with the technology reporter. >> i was looking at revenue of $404 million last year, and an net loss of $514 million. you can see how much cash this company is burning. i bring that up because we have seen the headline

yousef: that was the copresident david solomon speaking to caroline hyde. let's stay with the broader topic. the outgoing governor has said the core of the dodd-frank banking reforms will survive the trump administration's efforts to roll them back. >> i think it is far too early to tell what the outcome of these administration talks will be. i can say my hope and expectations are that the core reforms we put in place at the largest institutions, the increased stress testing, liquidity requirements, and the requirements on the resolution regime will last durability. shery: we have big interviews coming up on bloomberg television later today. chair will join our "bloomberg surveillance team exclusively at 7:30 p.m. hong 11:30 in new york. we will speak to atlanta fed president dennis lockhart. we chat with him at 11:30 hong kong time, 3:30 p.m. london, 10:30 a.m. in new york. yousef: it is decision day in egypt, getting ready to release the latest recall. one of the highest inflation rates, economists are betting they will hold the benchmark. for more analys

of bloomberg technology, i am caroline hyde. intel said it will spend $7 billion on a production facility in arizona. the announcement came during a meeting with president trump at the white house. they expand intel's presence in arizona and would create 3000 jobs. it was already included in their capital spending forecast. and the construction was already started. so why the announcement now? bloomberg editor at large cory johnson caught up and asked why they focused on building in the u.s. cory: just to put us in perspective, we tend to be 1, 2, 3 in the world in terms of our capital spending. 1, 2, 3 in terms of our research and development every year. the majority of the investment is in the u.s. we do invest all over the world, but the majority is in the u.s. first and foremost, we can hire great people here. we have really good infrastructure, and access to worldwide markets. 80% of our sales are outside the u.s.. that is really important to us. we do all that against, u.s. has the highest tax rate in the world. we are dis

♪ >> by am caroline hyde. this is the "best of bloomberg technology", where we bring you our top interviews from this week in tech. up, one hundred 20 tech companies take a stand as san francisco becomes ground zero in the fight against president trump's travel ban. no trump bump for twitter, plunging after earnings as the u.s. user base remains flat. details ahead. 's $7 billion chip, why the that on arizona is not as fresh as it may seem. the epicenter for the international debate on donald trump's immigration policy here in san francisco. 100 20 companies from apple, facebook, google filed a legal brief condemning it. sector from the tech were among the first and most outspoken critics. why? perhaps many of the companies that defined tech today would not exist without immigrants. ♪ here is a quick recap. ♪ caroline: now my colleague cory with theaught up and former advisor to twitter. you look at the history of some of the most famous tech companies, and there is a lock to in terms of the data historica

♪ caroline: i am caroline hyde. this is the "best of bloomberg technology." where we bring you the top interviews from this week and in tech. coming up snap pitching a stock more expensive and less controlled than any media company before. plus, the new deal for yahoo!. the offer that could end its long dance with verizon. apple reaching new highs. what is behind the surge, and can it sustain? first to our lead. potential investors are scrutinizing snap financials. according to the filing, the maker of snapchat is offering 200 million shares. that is for $14 to $16 each. at the top end of the range, snap would have a market value of $18.5 billion. that means the snap cofounders could each take him a check for as much as $256 million. we spoke with david kirkpatrick and editor at large cory johnson for more. cory: what becomes of this, i don't know. it is a high valuation. on the positive side, they have big growth numbers on a year-over-year basis. we all know these story of who they are reaching and how valuable they are to advertisers. but this is an extrao

♪ caroline: i am caroline hyde. this is the "best of bloomberg technology." where we bring you our top interviews from this week in tech. coming up, snap filed for an ipo, $3 billion, the details ahead. plus, apple sales at an all-time high and facebook sees mobile ad revenue pop. we break down the big tech earnings of the week. and the inside track on ge's digital pivot, the ceo shares how the biggest manufacturers turned to big data and won. a bloomberg exclusive interview. this week, snap filed its long-awaited ipo with an initial price of $3 billion, planning to raise $4 billion for a market value of $25 billion. the parent company of snapchat is the first u.s. social media company to go public since twitter. that was over three years ago. the ipo is the first opportunity for outsiders to get a close look into the company known for its culture of secrecy. we caught up with the bloomberg technology reporter. and the managing director of general capitalist, who also happens to be an investor. >> i was looking at revenue of $404 million last year, and a net

♪ caroline: i am caroline hyde. this is the "best of bloomberg technology," where we bring you our top interviews from this week in tech. coming up, the resistance continues. 120 tech companies take a stand as san francisco becomes ground zero in the fight against president trump's travel ban. no trump bump for twitter, shares plunging after earnings as the u.s. user base remains flat. all the details ahead. $7 billionplaces the chip. we take a look at why the presidential bet on arizona is not as fresh as it may seem. but first, to the lead. the epicenter for the international debate on donald trump's immigration policy is here in san francisco. the case took on increased business importance as 120 companies including tech companies from apple, facebook, google filed a legal brief condemning it. leaders from the tech sector were among the first and most outspoken critics on the executive order on immigration. why? perhaps it is because many of the companies that define tech today would not exist without immigrants?

♪ caroline: i am caroline hyde. this is the "best of bloomberg technology," where we bring you our top interviews from this week in tech. coming up, the resistance continues. 120 tech companies take a stand as san francisco becomes ground zero in the fight against president trump's travel ban. no trump bump for twitter, shares plunging after earnings as the u.s. user base remains flat. all the details, ahead. and intel places the $7 billion chip. we take a look at why the presidential bet on arizona is not as fresh as it may seem. but first, to the lead. the epicenter for the international debate on donald trump's immigration policy is here in san francisco. the case took on increased business importance as 120 companies including tech companies from apple, facebook, google filed a legal brief condemning it. leaders from the tech sector were among the first and most outspoken critics on the executive order on immigration. why? perhaps it is because many of the companies that define tech today would not exist without

caroline: i am caroline hyde. this is the "best of bloomberg technology," where we bring you all our top interviews from this week in tech. coming up, snap pitching a stock to investors that is more expensive and comes with less shareholder control than any media company before. we will dig into the details. plus, the new deal for yahoo!. we preview the offer that could finally end its long dance with verizon. and, apple reaching new highs. what is behind the surge, and can it sustain? first to our lead. potential investors are scrutinizing snap financials. after it set the terms of its ipo. according to the filing, the maker of snapchat is offering 200 million shares for $14 to $16 each. at the top end of the range, snap would have a market value of $18.5 billion. that means the snap cofounders evan spiegel and bobby murphy could each take him a check for as much as $256 million. we spoke with david kirkpatrick and bloomberg tv editor at large cory johnson for more. cory: what becomes of this, i don't know. i mea

♪ caroline: i am caroline hyde. this is the "best of bloomberg technology," where we bring you all our top interviews from this week in tech. coming up, snap pitching a stock to investors that is more expensive and comes with less shareholder control than any media company before. we will dig into the details. plus, the new deal for yahoo!. we preview the offer that could finally end its long dance with verizon. and, apple reaching new highs. what is behind the surge, and can it sustain? first to our lead. potential investors are scrutinizing snap financials. according to the filing, the maker of snapchat is offering 200 million shares for $14 to $16 each. at the top end of the range, snap would have a market value of $18.5 billion. that means the snap cofounders evan spiegel and bobby murphy could each take him a check for as much as $256 million. we spoke with david kirkpatrick and bloomberg tv editor at large cory johnson for more. cory: what becomes of this, i don't know. i mean it is certainly a high valuation.

. ♪ ♪ caroline: i am caroline hyde. this is the "best of bloomberg technology," where we bring you our top interviews from this week in tech. coming up, the resistance continues. 120 tech companies take a stand as san francisco becomes ground zero in the fight against president trump's travel ban. no trump bump for twitter, shares plunging after earnings as the u.s. user base remains flat. all the details ahead. ,

i'm caroline hyde. u.s. officials are investigating the extent of contact between president trump advisors and russian intelligence agents in the lead up to the 2016 election. this after trump's newly appointed national security adviser michael flynn stepped down this week. the developments are the latest example of national concern about russia's cyber capabilities and influence on u.s. national security. we spoke with retired four-star general and former director of the nsa keith alexander. he is now at the helm of ironnet cybersecurity, and in town for the industry's conference. general alexander: one of the things, i don't want to get in front of the president not having seen the executive order and what they are doing about it. i think what he gave to the press about addressing government, aggressively getting their i.t. infrastructure ready, about getting government and the industry to work together and addressing some of the key problems, i think those were all in the right venue and what our nation n

president of next gen climate, with bloomberg's caroline hyde. coming up, mark cuban on what he thinks but donald trump's presidency so far. it is not all critical. we would hear from him next. ♪ julie: what'd you miss? the 2017 tech summit underway in new orleans and among the attendees, hundreds of business leaders and sports teams owners. among them, mark cuban, a vocal critic of donald trump as the presidential candidate last fall. aboutcory johnson asked what he thinks of donald trump, the president. >> he is who he is. would i hire him to run a company for me? no. he is our president. as much as i picked on him. let me go through the positives and then we can torch him. he is changing the fcc. fcc -- critic of obama's s.e.c.. i think was a mess. hopefully they will keep him there. he has a good sense. introducethey will flat line regulations. fcc, i is doing with the -- k the i like what he is attempting to do with taxes. maybe not to the extreme. i don't think he will get 20% for personal taxes but reducing the amount of paperwork involv

. ♪ caroline: i am caroline hyde. this is the "best of bloomberg technology," where we bring you all our top interviews from this week in tech. coming up, snap pitching a stock to investors that is more expensive and comes with less shareholder control than any media company before. we will dig into the details. plus, the new deal for yahoo!. we preview the offer that could finally end its long dance with verizon. and, apple reaching new highs. what is behind the surge, and can it sustain? first to our lead. potential investors are scrutinizing snap financials. after it set the terms of its ipo. according to the filing, the maker of snapchat is offering 200 million shares for $14 to $16 each. at the top end of the range, snap would have a market value of $18.5 billion. that means the snap cofounders evan spiegel and bobby murphy could each take him a check for as much as $256 million. we spoke with david kirkpatrick and bloomberg tv editor at large cory johnson for more. cory: what becomes of this, i don't know. i mea

. ♪ caroline: i am caroline hyde. this is the "best of bloomberg technology." where we bring you our top interviews from this week in tech. coming up, snap filed for an ipo, $3 billion, the details ahead. plus, apple sales at an all-time high and facebook sees mobile ad revenue pop. we break down the big tech earnings of the week. and the inside track on ge's digital pivot, the ceo shares how the biggest manufacturers turned to big data and won. a bloomberg exclusive interview.

caroline hyde is in san francisco. caroline: great to see you could dream team for this friday to dissect everything in tech this week. i have the executive editor of global technology, and of course, a reporter for bloomberg technology. i want to kick off with the notable absence at the advisory council today. elon musk was there. the ibm ceo as well. what do you think they were responding to? such a tumultuous week in terms of tech with the travel ban. >> absolutely. it was a huge week. we are getting a strong picture of what trump's orders are going to be like, what is he going to be like as president, very much like the trump we saw before the election took place. tech has had different reactions to it. the travel ban sparked a strong reaction across the technology sectors, as you have been following every day on bloomberg. kalanick at the outset was criticized for not having as strong a reaction as people would like. he was you, because he was part of the council, is being too far in trump's corner, and that raise

--haad: karen hide their caroline hyde describing president trump's use of twitter. coming up, white investors may be keeping new compartments empty in the middle of an austrian construction boom. details are on the way. you are watching bloomberg television. ♪ rishaad: you are back with "bloomberg markets: asia". to buy cigna block. it's earlier bid for humana was made andand would have them the largest by membership. the public investment fund in early talks for a potential beale with no -- deal with no agreement reached. texas-based six flags was already in discussions about opening its first attractions in saudi arabia. opponents of the controversial dakota access pipeline have called protests across the united states have the army said it will grant the easement needed to finish the line. the finalo get go-ahead for completion after president trump asked for a speedy approval. protesters argued the pipeline would damage land significant to native heritage. biggestr of the world's shipping line has repeated concerns about a u.s. potential trade war with china.

caroline hyde, bloomberg, san francisco. twitter reports fourth-quarter earnings before the bell tomorrow. bloomberg watch daybreak: americas tomorrow at 7:00 a.m. eastern. next, it could be the largest ipo in history. julie: a boutique investment bank just secured a coveted advisor role. more on that next. this is bloomberg. ♪ vonnie: this is bloomberg markets. julie: shares coming to an all-time high today after winning an advisee a -- advisor a row from saudi aramco. but spring the bloomberg news ipo reporter. moelis is a relatively small firm, and aramco is a huge ipo. >> it is a big deal for them, and that is probably why shares are up so much. they are known as a boutique firm. aramco is a big saudi oil company looking to raise as much as 100 billion dollars in its listing, with just working the next biggest ipo by four times. and it is only 5% of the company. massive, massive deal here if this gets done. aramco is looking for an advisor to help them pick the underwriters at a listing venue and is some of the things

. ♪ caroline: i am caroline hyde. this is the "best of bloomberg technology," where we bring you our top interviews from this week in tech. coming up, the resistance continues. 120 tech companies take a stand as san francisco becomes ground zero in the fight against president trump's travel ban. no trump bump for twitter, shares plunging after earnings as the u.s. user base remains flat. all the details, ahead.

. ♪ caroline: this is "bloomberg technology" and i'm caroline hyde. apple beating a new record high raking $133. the next iphone will draw a resurgence in sales and have the company's growth. u.s. markets hit another record in the session overall. digging in, you will see the i.t. section of .65%. financials rise would .2%. paypal one of your key winners when you look at the i.t. area in the s&p 500. on the downside, nvidia was the worst performer. back to apple, we are joined by alex webb who tracked the rises and falls. are they that much more valuable? alex: the stock is at a record high. they are interestingly not at the records market capitalization. little belowally a that peak market cap. the stock is of the highest ever. cap,ine: market tentatively so close to 700 alien dollars. -- billion dollars. lex: it did take a bit of a boost after the earning score of the other week. the expectations for the next iphone sales. since then it is been tracking the market. forecast for the present quarter have kept people very optimistic. analyst: rb likely

. ♪ ♪ caroline: i am caroline hyde. this is the "best of bloomberg technology". snape's pitching stock to investors that is more expensive and comes with less s pitching -- snap' stock to investors that is more expensive and comes with less shares. apple is reaching new highs. what is the hind the search and can it sustain? fir

i'm caroline hyde. this is "bloomberg technology." welcome to this friday. headline coming up, a trump business tax bump. we look into how investors are weighing the impact of u.s. politics on tech. a tale of two ceo's. while uber's chief is getting vilified, elon musk seems unscathed. we'll explain. from mobilizing against the travel ban to twitter's lackluster fourth quarter. we will break down the week that was in tech. first to our lead. adding to records for all three of the major indices. appearsthe enthusiasm to be driven by president trump pledge to overhaul business taxes. but, of course, this comes amid a week of legal drama over the president's executive order on immigration, which remains on hold. tech companies largely oppose the travel ban and 100 firms that together in a legal brief voicing their concerns at the start of this week. so, how are investors wayne impact of u.s. politics on tech stocks? joining us is kathy woods from the york and with us in the studio is our editor at large cory johnson. trump says new action today, promises new ac

. ♪ ♪ caroline: i am caroline hyde, this is "bloomberg technology." the resistance continues as tech closes ranks. recruit topility to talent from overseas, our panel debates. the world of daily fantasy sports is hoping to score a touchdown. ng gives usdraftki his take. snap reveals its complex relationship with google. we will break it down. lead, employers adding 220 7000 jobs in january, the biggest gain in several months. that president trump's next executive order relates to immigration -- many tech immigrationly on status for highly skilled foreign workers. critics say it is a way for tech companies to hire cheap workers overseas. ceo.us, a the criticism is there on the h-1b said. it is misused. you actually written about this at length. is it the case that it is being misused? requirement is well below the average salary that software engineers, particularly in the technology injury -- industry would be earning. ,here is a great business model they can bring people in with these wages, but this harms the bay area in particular. there is the arg

caroline hyde synth is this from san francisco. facebook seeing shares popped into record high territory as earnings per share and revenue the expectations. revenue surging 50% for their fiscal fourth quarter, and eps jumping more than 70%, the amount of users continues to ramp up. to 2 billion close individuals logging on on a monthly basis, and two thirds click in every single day. 1.2 3 billion using facebook every day, three times the u.s. population. being shown.h is when we spoke to the cfo, he continued to say that it is businesses that are adding to the growth potential of facebook , the fact they are coming onto mobile via facebook and instagram and converting into advertisers. tellingg intelligence us that instagram is where we could see more money being brought in. at the moment, only 500 million businesses advertise on instagram. we have the new numbers in terms of the user base of businesses, 65 million pages on facebook for businesses, and 5 million on instagram, significant growth on a year on year basis. it looks as

♪ caroline: i am caroline hyde. this is the "best of bloomberg technology". snape's pitching stock to investors that is more expensive and comes with less s pitching -- snap' stock to investors that is more expensive and comes with less shares. apple is reaching new highs. what is the hind the search and can it sustain? first to our lead. the digital investors are scrutinizing snaps projections. according to the filing, the maker of snapchat is offering 200 million shares for 14 to $16 million each. at the top end, cap would have an evaluating -- they could each take him a check of as much as $256 million. we spoke to the ceo and editor at large cory johnson. >> what becomes of this, i do not know. it is a high evaluation. on the positive side, they have big growth numbers. we all know the story of how high they are reaching and how valuable they are to advertisers. this is an extraordinarily high price for any company of any kind with any kind of growth metric. for one that has negative growth margins, for one where growth is slowing so much where there is a

i am caroline hyde. apple closing up, and investors are optimistic that the next iphone will lead to a resurgence in sales and help the company grow. another record session. check up my -- at my bloomberg. digging in to see the i.t. , not quite as stellar as we saw the financials rise more. saw qualcomm,we cisco, paypal. they were some of the key winners in the s&p 500. on the downside though, the worst performer. now, let's go back to apple. we are joined by a reporter who tracks the rises and falls of the most valuable company in the entire world. and now, they are much more valuable. report: they are. the stock is at a record high. the market capitalization, because of the buyback in recent years, they are actually a but theit below that, stock is at the highest ever. caroline: the market closing tentatively so close to $700 billion. is it just the market rising, alex? is there exuberance? boost after take a the earnings call last week, and expectation for the next iphone sales, but since then, it has

. ♪ caroline: i am caroline hyde, this is "bloomberg technology." the resistance continues as tech closes ranks. america's ability to recruit top talent from overseas, our panel debates. two days before the biggest one-day sporting event in the u.s., the world of daily fantasy sports is hoping to score a touchdown. the ceo of draftking gives us his take. snap reveals its complex relationship with google. we will break it down. first to our lead, employers jobs in january, the biggest gain in several months. reports that president trump's next executive order relates to immigration could cake -- could take aim at work visas. many tech companies rely on immigration status for highly skilled foreign workers. critics say it is a way for tech companies to hire cheap workers overseas. michael solomon is the ceo of a recruitment firm. the criticism is there on the h-1 visa. it is misused. cheap labor program. you have written about this at length. is it the case that it is being misused? >> the minimum requirement is well below the average salary that soft

caroline: this is "bloomberg technology." i'm caroline hyde. facebook still jumping in after-hours trade straight get into my terminal, a more than two percentage points. investors bullish on the social network after a report say 51% jump in sales to $8.8 billion. the company user base continues to grow. adding 217 million active users in just one year. facebook solidified its position as number 2 in the market for mobile advertising behind alphabet's google. how can it continue with momentum into 2017? back with us the ceo of tech is economy and bloomberg contributor. let's start off with the share reaction we are seeing and the phenomenal growth overall we are seeing. almost 1/4 of one billion users added in one year. one of my colleagues, who writes for gadfly -- she was saying is basically an entire twitter. >> it is incredibly phenomenal. i see these numbers and it just -- it kind of blows my mind. even though i've been following facebook as an analyst for years, i think back to 1999, 2000, when i was in social media before we called it th

caroline: i'm caroline hyde. this is bloomberg technology. a rough week for the trump administration but the markets must have missed the memo. streak as the winning apple and amazon hit new records. meets sports in the big easy. we are live in the mba tech summit for the all-star lineup. and while the air to the same some -- samsung empire contemplates his fate time bars we turn the spotlight on south korea's culture of family-run businesses. u.s. stocks drive higher trading with all three indices closing in the green despite another week of of people in washington. one standout, t-mobile u.s.. softbank would be willing to give up control to sprint in a merger for the two mobilephone carriers. joining us now for more context .s all of her relic -- oliver give us the hit. optimism is still really there despite travel ban mishaps, foreign policy issues. >> that is 100% the case. we've been looking at not only talking to investors, but the numbers as well. all of this is well recorded in terms of surveys for investor sentiment. the numbers are

. ♪ caroline: this is "bloomberg technology." i'm caroline hyde. back to snapchat, setting out on their roadshow and they will be pitching to investors a more expensive valuation than any other media company we have seen before. alex reports. >> when deciding whether or not to put money into snapchat, investors will compare it to peers, twitter and facebook. so what is snapchat hoping you will equip them to? my sources say that they want you to think of them as amazon. there is a method to the madness, because it is a secretive company, investors must decide whether they trust the management to build a business on the back of highly engaged users. for now, it is unclear what it will look like outside of the app. while the company grows and expands, the management has told bankers that the financial performance could be "clunky." and the revenue model is only a couple years old and right now the losses are more than sales. sound familiar? these are amazon trademarks. the ceo of amazon has alarmed investors with massive spending to get into the new m

. ♪ caroline: welcome back, i am caroline hyde. intel will spend $7 billion on a production company in arizona. the meeting with president trump. presencet expands the in arizona and will create more jobs. capitalincluded in spending forecast. the plants construction was already started so by the announcement now? withjohnson caught up intel vice president and asked why they are focused on building in the u.s. guest: to put this in perspective, we tended to be among 1, 2, three in the world in terms of capital spending every year. 1, 2, 3 in terms of r&d. we are huge. the majority of that investment is in the u.s.. we invest all over the world but the majority of it is here. the reasons we invest in the u.s. is first and foremost, we can hire great people here. we have really good infrastructure and access to worldwide markets. we build our capacity in the u.s.. 80% of sales are outside the u.s.. that is important to us. we do all that against the disincentive of the highest tax rates in the world. disadvantaged relative to our com

. ♪ caroline: this is "bloomberg technology." i'm caroline hyde. investors moving shares of twitter today. stock closed higher ahead of the quarterly report out before the bell thursday. twitter continues to focus on its video efforts.this week, we learned ceo jack dorsey promoted harris comes to lead of all life video on a platform. what will wall street look for in the numbers? with us, our guest host, david kirkpatrick in new york. also bloomberg editor at large, cory johnson. we are not expecting very much in terms of monthly active users increase. cory: here's how the business works. you get more users and advertisers, more and more users, charge advertisers. there.the problem is both of those things are starting to hit escape. overgrowth has been weak the last year and a half. those numbers are pretty bad. they got a tiny bit better in the last quarter, but nothing to be thrilled about. they were able to hide that by having revenue per user increase. it is increasing at the slowest pace in the company has ever seen. i was just updating my mod

cory: that was chairman tom wheeler speaking to caroline hyde. she will sit down with his successor tomorrow at 7:30 in the morning wall street time. coming up, the latest chapter in the samsung corruption saga. topic second of a week -- top executives await indictment. is it just getting started? we will see. this is bloomberg. ♪ cory: huge story out of asia could be reaching its final chapter. a special prosecutor in south korea will make a final decision on tuesday whether to indict samsung executives over bribery charges. is he? >> he is the heir apparent at samsung. the broader picture is there is this investigation into influence peddling at the highest reaches of government. a special prosecutor was a ported to month ago and has been digging into allegations about corporations giving money in exchange, allegedly for political favors, including at samsung. the special prosecutor had a deadline to finish the investigation at the end of february. had asked to extend that because it is a big project and was denied the extension, so they need

caroline: i'm caroline hyde. this is bloomberg technology. a rough week for the trump administration but the markets must have missed the memo. we analyze the winning streak as apple and amazon hit new records. plus, tech meets sports in the big easy. we are live in the mba tech summit for the all-star lineup. and while the heir to the samsung empire contemplates his fate time bars we turn the spotlight on south korea's culture of family-run businesses. u.s. stocks drive higher trading with all three indices closing in the green despite another week of of people in washington. one standout, t-mobile u.s.. softbank would be willing to give up control to sprint in a merger for the two mobilephone carriers. joining us now for more context is oliver. give us the hit. optimism is still really there despite travel ban mishaps, foreign policy issues. >> that is 100% the case. we've been looking at not only talking to investors, but the numbers as well. all of this is well recorded in terms of surveys for investor sentiment. the numbers are there. i