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

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

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

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

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

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

so i think microsoft is a great peg. dan was a genius to cone that term maga but i don't think it holds the fortunes of the broader market. >> what's interesting my contention has been always everybody talking about fang and netflix doesn't move the needle as far as importance the thing about maga in general was microsoft was the only one confirmation highs in the s&p 500 since january of 2000. the only one really. google had a short one alphabet in july but fell back i think you have constructive charts right now in google, in apple, not so sure -- jury ut you out on amazon it's been in the up friend since december but i think they hold the key a bit. >> they are the only one that is can hold the key just because from the mere -- just the mere fact of the percentage it's not energy we saw energy blip up. but energy is nothing as a percentage of the s&p. i want got to be the large cap tech names that continue to perform they've already outperformed and they must continue to perform. >> i think you have everything guys i

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

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

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

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

and i learned a lot watching you at microsoft and how you were too. you had my if back, and i had other people's back. >> it is true that we would describe it as a place where you kind of put your fists up in the morning and didn't put 'em down until the end of the day. and melinda's right, when you cothat at work, you sometimes forget not to do that at home or in the grocery store or driving down the highway to get to work on time. and i know that culture has continued to evolve, but we are going to talk more about culture throughout this discussion because at the end of the day, it is about creating cultures where people can win without having their fists up, because nothing very good comes of that. [laughter] so fast forward, you met this interesting, passionate man, and you and bill married on new year's day, 1994. finish and at least two of us were there -- [laughter] >> sanity, who's in the audience, your daughter. absolutely. >> and i will just tell you one thing about the gates family, they are very competitive, melinda and her family joined i

prior to joining microsoft mr. burt was a litigation partner in a law firm in syria where he on voting rights cases. he received a bachelors of arts degree from stanford university and a j. d. from university of washington law school. we welcome all of our distinguished witnesses and we thank you for today's hearing. now, if you would please rise i will begin by swearing you in. raise your right hands, please. [witnesses were sworn in] thank you. let the wreckage of the witnesses answered in the affirmative. thank you and please be seated. please note that each of your written statements will be entered into the record in its entirety. i ask you summarize your testimony to five minutes. to help you stay within the time there's a timing light on your table. when the light switch from green to yellow your one minute to conclude. when the light turns red it signals to five minutes have expired. ms. plunkett, you may begin. >> thank you, mr. chairman, ranking member collins, thank you for the opportunity to testify bef

. -- namely from microsoft. larry: it's pretty stiff competition. microsoft is trying to push microsoft teams and this type of collaboration into the infrastructure, and so it becomes this horizontal service that everyone in the company has access to. and we can tell you, based on our surveys in this past year, that office 365 is attributed early -- is increasingly being attributed to collaboration. opinion, as microsoft it has built, awareness to collaborate more effectively in the cloud, which should help slack and increase interest in the market overall. taylor: i want to bring in nico grant, who has been covering slack for us. give me your top takeaways. what happened to the top line revenue growth? >> so, taylor, this is an instance in which slack's best wasn't good enough. we had seen for years that slack hypede of the most unicorns in silicon valley. hyped unicorns in silicon valley. it raised at least $1.3 billion because of all that anticipation, and the stock went down 15% today. the stock went down ab

what was the transformation at microsoft? what's it like being there now watching this with other companies? >> well, we were the first graduate of the school of hard knocks when it came to technology and antitrust it's easy for people to forget today that in the late 1990s, the year 2000 the u.s. government and 20 state attorneys general were seeking to break up microsoft. we learned a lot of valuable lessons and the first thing we do every day is try to remember them you know, because one of the lessons we learned is you have to really look at your self in the mirror you have to be able to see what other people see and not just what you liketo see in yourself you have to understand the problems that people are raising, which means you have to get out and listen to them, and then you have to be prepared to start solving problems you have to compromise in order to, you know, find a path forward. if you look at the history of antitrust and big tech, which didn't start with microsoft, it actually started with standard oil and t

mike, how do you feel about microsoft? >> yeah, i like microsoft. i like actually this is the way you want to make your bullish bets hear. tap was talking about it earlier, when the market inches hire and has these big draw downs, i they don't want to be short puts, necessarily, this is a situation he could go higher, if it doesn't, i'm risking relatively little. that's the way to play this market now. >> upnext, we have your tweets on the final call. ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ >>> welcome back to "options action". we have time to take one tweet, steve wants to know if it's too late for target when it's standing at all time highs. >> yes, it is, it's up 86% of the year, up 27% in the last month, where do you think it's going? that being said, i don't mean to sound dismissive about it, if you have a much more bullish decent, i would rather call stock up so much >> time for the final call, mike ko if san francisco. >> take a look at call spread. >> bullish on industrials, i would say rethink xli, go down some. >> nathan. >> these apple

las cÁmaras de noticias univisiÓn 41 fueron testigos de la toma de una tienda microsoft, con un grupo de manifestantes dentro del lugar y otros afuera, impidiendo la entrada y salida de clientes por los nexos que existe entre la empresa y ice >>no solamente que el gobierno cierra los campos de concentraciÓn. alejandra: exigen que no provea tecnologÍa que ayude a la captura de inmigrantes. la protesta dio inicio al pie de la biblioteca pÚblica la calle 42. se ha convocado a la sociedad a tomar acciÓn. >>yo trabajo con niÑos latinos y veo esos ojos lo que esperan ellos. yo voy a pelear por ellos. >>debemos representar a estas personas. tenemos que levantar nuestra voz. alejandra: explicaron que empresas como microsoft se vuelven cÓmplices de polÍtica del gobierno donald trump >>emigra porque es forzado. vienen una situaciÓn uno no tienen para comer, donde no tienen seguridad para mantener a sus familias . la migraciÓn es un elemento casi de fuerza. alejandra: contactamos a microsoft para obtener comentarios y al momento estamos en espera de su respuesta. marÍa: gracias . y el

he did united way in a big way with microsoft document way my money later. but i think she knew that then in the other thing she said at the end of the letter which iswn incredibly beautiful letter that i kept back and even went for my mom, she said i hope you love your bill as much as i love mi mine. >> that is super nice. she did died the following year. >> six months of us getting married. and within the two-year timeframe bill senior had stepped forward and begun to do the largest checkbook kitchen table through the pre-were you in taking ideas and offers and proposals and reviewed them and consider them and send the best over to you to look at on sunday afternoon with bill and i joined in 97 but the line about carpenters to carpenter every problem is a nail. we were really good at what we did, we understood products to your passion started with education where we became aware of the challenges of health we became big advocates, successful advocates and the supporters of vaccine developmentnt and delivy and when it came to libraries in s,the united state

for microsoft, this started in 2016. during the democratic national convention when our security team saw that a group that we call strontium which we know is a russian organization operated by the gru, the same group, when we saw that organization registering a bunch of fake microsoft domains, domain names, websites that look like they were microsoft but really were not. because of the timing, we immediately took action. ult pat imately went to court. we have been in a battle with that organization over several years in court where every time they register fake domains, we get an order. we take those down and direct all of that traffic to our own sink hole. we're in a constant technological battle with that organization. it started then. as we fast forward over the next year, i had a conversation with our president, my boss, brad smith. we talked about the obligation we have as a company, a company based in a democracy, founded in a democracy to help protect however we can those democratic institutions and our voting pr

i have been in my role at microsoft for about 16 months. i was at microsoft 13 years before that, leading the hr legal function. made a transition from having a role relatively narrow, incredibly deep to jumping into a broad role where there are days, every day you get up, there's something new, it is a different issue. it has been a fantastic transition. it's an interesting time to be general counsel in tech for sure. i wake up every day. the issue is different, but there are some recurring themes. a lot of it are things we'll talk about here. it's issues where technology is moving so quickly that it is outpacing social dialogue about it, outpacing regulation. places where i spend time on that, and we are definitely thinking about at microsoft, facial recognition, artificial intelligence, just data handling and privacy, that's fundamental to all our companies. so just look forward to dialogue about it here. >> terrific. thank you. you were the first believer in this program, and when we were trying to figure out who to get, you never gave

>> i mean i like microsoft, and i like actually this is the way you want to make your bullish bets here. dan was talking about it earlier. when the market sort of inches higher but has big drawdowns, that's when you don't want to be either short puts or long stock necessarily. it is a situation where he is saying, okay, it could go a little bit higher, but if it doesn't i'm risking little it that's the way to play this market. >> up next, we have your tweets and the final call >>> "options action" is sponsored by thinkorswim by td ameritrade i've even built my own historic trading model. and you're still not sure if you want to make the trade? exactly. sounds like a case of analysis paralysis. is there a cure? td ameritrade's trade desk. they can help gut check your strategies and answer all your toughest questions. sounds perfect. see, your stress level was here and i got you down to here, i've done my job. call for a strategy gut check with td ameritrade. ♪ i'm not really a, i thought wall street guy.ns. what's the hesitation? eh, it just feels too complicated, you know? well sure,

at microsoft you are getting into a.i. now but do you think a.i. has the potential to become evil or is that just something people say to scare us from moving into the future? >> any tool can be turned into a weapon -- a broom can be used to sweep the floor or hit you over the head -- >> trevor: that's my mom, yes. ( laughter ) >> think now of any tool that's so much more powerful. by people. >> trevor: right. >> so if we don't develop now the kinds of ethical principles needed to guide this, then we should be worried about where technology is going to go, so the time to be up front and to confront this reality is early and that's what me and many others are trying to do. >> trevor: what's interesting about governments getting involved in tech is whether they like it or not, tech is going to get involved in governments. you know, we've seen around the world countries like north korea, countries like russia building up weapons that they used to hack into different countries, you know, whether it's their power grids, their nuclear reacts, whether it'

>> i mean, i like microsoft, and i like actually this is the way you want to make your bullish bets here. dan was talking about it earlier. when the market sort of inches higher but has big drawdowns, that's when you don't want to be either short puts or long stock necessarily. it's a situation where he' saying, okay, it could go a little bit higher, but if it doesn't i'm risking little. that's the way to play this market. >>> all right. up next, we have your tweets and the final call >>> "options action" is sponsored by thinkorswim by td ameritrade ♪♪ ♪♪ i'm not really a, i thought wall street guy.ns. what's the hesitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-s

i've been in my role at microsoft for about 16 months. i was at microsoft for 13 years before the latest our h.r. legal function. make the transition from adding a role that was relatively narrow and incredibly deep to jumping into a really broad role where there are days everyday you get up and do something new and it's a different issue. it's been a fantastic transition period it's an interesting time to be general counsel intact for sure. i wake up every day and each day is different but there definitely are some recurring themes and a lot of it. i think things will talk but here, it's really issue for technology is moving so quickly that it's outpacing social dialogue about it, outpacing regulation. the places where i spend time on that and we are thinking about it at microsoft are facial recognition, artificial intelligence, just data handling of privacy i think that is so fundamental to all of our companies. and so i just really look for it to the dialogue about that here. >> terrific. dorian, you were the first believer in this pro

that's where you see microsoft, dropbox. coordination, the third space, is where we are wrecking eyes leader. -- a recognized leader. kurt: i know at bloomberg, we have offices all around the world in different time zones. how do you guys try to solve the problem of more people working from home and fewer people coming into the office? >> we have expanded globally. our growth rate has gone up the last couple of years. we are growing faster as we get bigger. we now have nine offices across the world and customers in 195 countries. kurt: i have to ask you and ipo question. you raised $50 million about a year ago in a lofty valuation. slack, you've seen we work. how has that changed how you go about an ipo? >> our primary focus is making customers successful in doing right by our customers. almost all of our focus is on product innovation and expansion. that being said, if an ipo or direct listing might be in our future at some point in time, we see that is another miles known in our mission of making the customer successful an

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

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

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

dutch officials pointing to microsoft collecting personal data without informing users. why should we trust any of the actors in this set? —— sector? i don't think that this is about sitting back and just hoping that people do the right thing. i think it is about engaging people, perhaps most especially the public at large, so that we all take the steps to ensure that the right thing is done. i think that the fundamental point that you are making actually is a valid one. one of the stories we share in the book was that meeting with president obama in the white house in 2013. i was there and as we in the tech sector were pushing the white house to put in place more checks and balances on the nsa, there came a moment in that meeting when president obama looked at us and said, "i have a suspicion the guns will turn." "you all in the tech sector have as much or more data "in the government, there will be a day when the demands "that you are trying to place on the government will be "placed on you." he was right. it was a prescient observation. so, if you're accepting the

and microsoft has been a massive buyer of its own shares. its market cap remains at more than $1 trillion. and helios towers confirms plans to lift -- list on the london stock exchange. they are a sub-saharan african mobile phone operator and hopes to raise around $125 million to fund expansions across africa. francine: thank you so much. let's they would central banks. today is big day for monetary policy. the bank of england remains stuck in the mire that is brexit. boe officials are free to keep interest rates on hold as is widely expected. we will see whether that is the case at noon today. moments ago, we heard from norges bank. will speak to the governor shortly. s&p -- snb unchanged and we expect no changes from the south african reserve bank. are our guests. i am looking at norges bank, this could've taken traders by suprise. how much courage you need to raise? >> good for them. they told us they would do it. they teased a little bit in the last meeting a little on the global uncertainty. but when it comes down to it, growth is solid

microsoft leading way down on concerns that pursuit of technology companies, microsoft is not included in them, will be an ill wind for all of technology, only leap i can take from that, don't necessarily hang your hat on that, one of the few catalysts i saw develop during the course of trading here. we'll follow it. we're following what the president does now africans selling talks with the taliban scheduled we're told over at camp david. blake burman at white house with latest what they do now. blake. reporter: this was a very public u-turn from president trump over the weekend as he revealed on twitter leaders of the taliban would not be coming to the u.s. to resume peace talk negotiations and specifically not be coming to camp david as those discussions were scheduled for yesterday. the reason that the president gave as he took to twitter over the weekend was that bombing in kabul on thursday which a member of the u.s. military was killed in that bombing. the president has been facing criticism from both sides of the aisle about inviting the taliban which aided in the 9/11 attacks,

rob: let's look at a quick response from microsoft. the first line, microsoft now workinnotworks with the u.s. got related to separating children from their families at the border. the fact they have to respond this way it kind of sad to me. are these big corporations being bullied by groups like this and forced if they want to protect their profits into behaving in a way that's almost ridiculous. >> they are being bullied. unfortunately, a lot of these companies are starting to acquiesce to the political pressure and the special interest groups. if that happens, the united states suffers. carley: the head of border patrol announced so far this year, over 400 ms-13 gang members have been arrested and 933 gang members overall. that seems like a pretty big number and a number that no matter what side of the aisle you sit on, you're celebrating today. >> that's a gigantic number. i want to state this as forcefully as i can. that is what is known. those are the individuals that we have apprehended that we know are gang members of these ver

of microsoft do you think it's appreciated enough what satya nadella has been able to do at microsoft, richest company in the world i think now by market cap. >> the entrepreneurs i talked to are highly aware of what he's done and achieved and the contrast that he's brought to the company and how doubling down on the enterprise has really unlocked so much wealth and value. >> you own the stock. >> don't let me underestimate it well i think the cultural change, the optimism to be at microsoft today. their ability to recruit engineers, their ability to take on big challenges, the focus they have as a business. what they're doing in the cloud. so we're investors across the date in tableau and mongo and we see azure is more than holding its own against aws and as companies move to the cloud, take a company take i like united airline, they don't want to be hard wired single threaded to aws the two names in the discussion i know you had the ceo of google cloud, unfortunately, they're not really in the discussion we see a hybrid cloud conversation that includes aws nationally. >> as you guys

dutch officials pointing to microsoft collecting personal data without informing users. why should we trust any of the actors in this sector? i don't think that this is about sitting back and just hoping that people do the right thing. i think it is about engaging people, perhaps most especially the public at large, so that we all take the steps to ensure that the right thing is done. i think that the fundamental point that you are making actually is a valid one. one of the stories we share in the book was that meeting with president obama in the white house in 2013. i was there and as we in the tech sector were pushing the white house to put in place more checks and balances on the nsa, there came a moment in that meeting when president obama looked at us and said, "i have a suspicion the guns will turn. "you all in the tech sector have as much or more data "in the government, there will be a day when the demands "that you are trying to place on the government will be "placed on you." he was right. it was a prescient observation. so, if you're accepting the premise that

this is an all hands on deck moment if we rewind 20 years ago, microsoft, there was a risk microsoft was going to own the internet now it is not just one firm, there are several firms raising lots of questions. we've got to focus on taking a comprehensive look and taking action where we need to. >> commissioner, just to confirm, is the ftc formally investigating amazon now >> well, i'm not going to comment on any individual investigation. companies can disclose what they're being investigated on, or if not, but look, the bottom line is there are some serious questions about whether firms, some of the biggest firms in the world, are suppressing competition or playing fair, and we have to act if we see they're breaking the law. >> i realize we're talking about a number of different potential companies, a number of different potential businesses within those companies, and that the ftc is itself looking to clarify its power to regulate big tech right now, but based on laws that are actually on the books, how much power does the ftc have to take an antitrust tact on different names and r

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

contactamos a microsoft y al momento estamos en espera de su respuesta. arantxa: de migrantes para migrantes, se podrÍa definir la iniciativa de un grupo de hondureÑos que armo con sus propias manos una verja en la frontera parada refugio las familias que esperan llegar a estados unidos. jorge estuvo en tijuana y nos cuenta de todo el apoyo que reciben. pero tambiÉn de la resistencia que estÁn ofertando. jorge: un grupo de inmigrantes habilitaron un albergueque atiende centroamericanos. se trata del esfuerzo de un conjunto de hondureÑos que decir buscar como apoyar a sus hermanos que estÁn en proceso de solicitud de asilo en estados unidos y no tenÍan un lugar donde esperan en esta frontera. >> todo sabemos la necesidad migratoria que en esta frontera.y esperamos ser parte de esa soluciÓn. para de esa manera poder apoyar a nuestra gente centroamericana. >> tendrÁ capacidad de atender a 50 personas. sobre todo mujeres y niÑos.el lugar fue completamente rehabilitado por los propios migrantes para apoyar a otros centroamericanos como ellos. >> sab�

at microsoft you are getting into a.i. now but do you think a.i. has the potential to become evil or is that just something people say to scare us from moving into the future? >> any tool can be turned into a weapon -- a broom can be used to sweep the floor or hit you over the head -- >> trevor: that's my mom, yes. ( laughter ) >> think now of any tool that's so much more powerful. we're empowering machines to make decisions that throughout history could only be made by people. >> trevor: right. >> so if we don't develop now the kinds of ethical principles needed to guide this, then we should be worried about where technology is going to go, so the time to be up front and to confront this reality is early and that's what me and many others are trying to do. >> trevor: what's interesting about governments getting involved in tech is whether they like it or not, tech is going to get involved in governments. you know, we've seen around the world countries like north korea, countries like russia building up weapons that they used to hack into different

microsoft, i want to quickly reflect on microsoft, because it has a crisis of slowing pc sales for over nine years now. and yet, the company has happily converted users to a subscription model, and investors reacted very positively. i think that is what is likely to happen with apple, and we are going to be counting users going forward. again, you can't do this without a strong hardware base. i think the hardware base benefits by having great content as well. taylor: wonderful. awesome. co-founder horace dediu, thank you for joining me. still ahead, a final recap of today's apple product launch. all the hardware and services announcements you need to know about, next. this is bloomberg. ♪ taylor: as we have been talking about all hour, apple has launched its newest hardware and -- at its product launch in cupertino, california. a new apple watch, low-cost ipad, three new iphones and a bunch of announcements tied with new services apple tv plus and , apple arcade. finally to bring it all together, i'm joined by ben wood of ccs insight. what is your big takeaway from today? ben: i think

microsoft, apple, google, amazon, facebook. if you say and will not be on any of these things, it is really hard to go through your life from dawn to dusk in modern america without it some way having being affected by a product -- without being affected by one of those companies. this is driving the conversation in washington. what is the role of these companies in shaping the political and social life of modern america? host: what are the characteristics of these companies that got us to this point? was it hubris? naïveté? was it in attention to certain details of other business? what do you think are the factors? professor o'mara: it is helpful to look at the history of silicon valley itself. not just these companies. these companies are the product of a business culture, a business ecosystem. i call it a galapagos, a very distinctive community that group for a long time in elative isolation from washington. even though it was deeply affected by them from the beginning. you have high tech venture capitalists. who are not on

while microsoft traded sideways in august it did so on lower than average volume. this is exactly what fitzpatrick wants to see why? because when the stock is in consolidation, low volume means the big institutions aren't selling the stock in any sort of quantity they're just doing a bit of profit-taking. that's what we want. meanwhile look at these black lines that are called bolinger -- i used to be on when -- when we first started he was on all the time. i love him they measure the level of volatility in a stock at a given time right now the width between them is very tight. about 4% which makes this what's known as a volatility squeeze for technician, volatility is cyclical so when the bands get this narrow that suggests they're due to expand sometime soon hey, maybe meaning we are about to have a big move how big? how big. based on the rest of the chart fitzpatrick is betting it will be higher and could be substantial. microsoft has a ceiling of resistance at 140 up roughly 3 bucks from where it was trading today. if it can burst through fitzpatrick thinks it

in the eu, 1999-2000, we saw the eu declare microsoft a monopoly and it really threw microsoft, i'm sure other things as well, but essentially off its game for about a decade. the stock is soaring in the past 52 weeks, but for some investors, that was a pretty long haul. what do you make of google, facebook and twitter now? >> yeah. just briefly, i remember microsoft was stuck in the 30s for a long time. now it's obviously up 400% higher. i think, you know, i don't think we will see a similar period of stagnation for any of these tech koeshgs numb companies, number one. i don't think we will see facebook at $190 ten years from now. i think it will be much higher along with microsoft, alphabet, amazon, twitter even, for that matter. listen, there's so much to talk about. where do i begin. as far as ron wyden's claim that mark zuckerberg should be thrown in jail, no. was it bad business? yes. is it a criminal offense, not necessarily. i think -- deirdre: i'm going to go out on a limb and say he just wanted to make a statement. i'm sincerely hoping. but you know, okay, go ahead. i didn't me

at issue, service problems and competition for microsoft area -- microsoft. settlement reached. google will pay for violating children'

microsoft, apple, google, amazon, facebook. if you say i am not going to be on any of these things, it is really hard to go through your life from dawn to dusk in modern america without in some way having been affected by one of those companies. this is driving the conversation in washington. what is the role of these companies in shaping the political and social life of modern america? >> what are the characteristics of these companies? was it hubris? naivete? was it inattention to certain details? what do you think are the factors? professor o'mara: it is helpful to look at the history of silicon valley itself. these companies are the product of a business culture, a business ecosystem. i call it a galapagos, a very distinctive community that group for a long time in relative isolation from washington. even though it was deeply affected by them from the beginning. you have high tech venture capitalists. they are not only funders of startup companies, but also advisors and mentors. they are carrying on this distinctive culture

he put $1 billion from microsoft into comcast, non-voti stock, no board seat, no microsoft products. david: what kind of return did he get on that $1 billion? brian:%. and it started the broadband wa that have been the beneficiary by consumers the last 20 years. david: areorried that maybe people will say, "i don't want to buy my cable tv at all. i'll get everything through the internet"? ve? brian: first of all, that reality is happening. we have se it coming. the other a-ha moment for me was another great leader, steve jobs, who we were visiting, trying to see if we could collaborate with apple a decade ago. he said, "why don't yoouput wi-fi in allcable boxes?" david: and you said, "what is wi-fi?" brian: i went, "what is wi-fi?" else. because it was before anybody and now we have more wi-fi than any company in america and we have the fastest wi-fi. david: you bought from ge nbc universal. was that something that was natural for you to do? were you worlded that maybe you sht be in the content business? brian: well, there were people who had that worry. we had a dream that the perfe

microsoft, i want to quickly reflect on microsoft because it has a crisis of slowing pc sales for over nine years now. yet, the company is happily -- has happily converted users to subscription model and investors reacted very positively. i think that is what is likely to happen with apple and we are going to be counting users going forward. again, you can't do this without a strong hardware-based. i think the hardware base benefits by having great content as well. taylor: wonderful. horace, thank you for joining me. still ahead, a final recap of today's apple product launch. all the hardware and services announcements you need to know about next. this is bloomberg. ♪ taylor: as we have been talking about all our, apple has launched its newest hardware and product launch in cupertino, california. a new apple watch, low-cost ipad, three new i found and a bunch of announcements tied with services. apple tv plus and apple arcade. to bring it all together, i'm joined by ben wood of ccs insight. what is your big take away from today? ben: i think we have seen a new chapter in apple's jour