finally amazon, get this, hitting $2,000 a share for the first time since october. this is one week before the amazon prime day, the big sale starts. very exciting there. i have to tell you, a good day for the markets. we like i had down here. melissa: save the hat. it looks good. gerri, thank you. connell: we'll eventually get there. jonathan hoenig joins us on the panel, capitalist pig hedge fund founding member, fox news contributor. todd horowitz with us, bubba trading show host. obviously been for some time, jonathan, it continues to be all about the fed. we know what we're getting in july, get a rate cut, 100% chance in the futures market. now i guess the debate whether, how big after rate cut we get, not whether we get one. what do you think will happen on that front? the other part of the question, what should happen, right? >> amazing turn of event, connell, look back to the end of 2018, we were talking about rate hikes. as you said virtually 100% of a rate cut. even a 30% chance of a 50 basis points rate cut. federal reserve as you mentioned citing issues

reporter: amazon is getting a clear showout for thinking ahead. i would be remiss, jpmorgan chase has a partnership with mit. at&t has a partnership with notre dame university. other large companies are trying to figure this out. it is not for altruistic purposes. connell: so many industries. one you would think of, ours as half a joke. i was at hong kong, in hong kong at "wall street journal" tech conference. they had the artificial intelligence news anchor there. there was no deirdre bolton. >> that is google is working on, have the computer make the appointment with the hairdresser. it sounds completely natural. the front end, direct customer relations will be handled in automated, computer or a.i. fashion. connell: crazy world. >> those studies, the oxford study, they talk about the pace of change, if the pace of change is matched by retraining then we're okay. if the pace of change goes too fast, then you will have more people out of jobs because they -- connell: you can't keep up with it. we have to go. thanks, lance, deirdre, appreciate it.

we know that amazon also does the same thing. they record conversations and use it again to improve their products and services. but i want to talk to you about apple. apple also had another glitch today in their apple watch. the walkie-talkie where two people with the watch can talk to each other, however work the operating system glitch, one of them can listen to the other's phone without them knowing about it. this is the second time this has happened this year with apple, with the group face time being the first. >> second time it's happened. however, this time i must applaud apple because they got ahead of this before it was discovered and used at least currently it's been reported that it hasn't been used by anyone else this vulnerability so applaud apple for getting ahead of it and squashing that bug before it was too late, unlike last time with the face time vulnerability. >> with all this technology, i think people should understand in this high-tech world, with social media, privacy is no longer probably something that

amazon workers on strike. it is prime day but that is not stopping employees at one shipping facility in minnesota, from walking off the job about one hour ago, calling for better working conditions. more job security, higher wages. we are live on the scene with the breaking headlines. >>> a new warning after a massive blackout crippleed heart of new york city. what officials are saying today. how the mayor of the city, who wants to be president by the way is defending himself for being thousands of miles away. >>> the first hurricane of the season to hit the u.s. is making its way north where we are he can track barry's past. residents begin cleanup efforts. ashley: so much to go at. fox business team coverage. jackie deangelis at the new york stock exchange. edward lawrence as always live at white house. susan li at a amazon fulfillment center warehouse in shakopee, minnesota. we begin with you, jackie. reporter: even though these were small positive gains on nasdaq and dow, hitting records psychologically s

and amazon prime day. so what has -- what started as just a day for amazon is now bigger than amazon. but we still anticipate amazon to break records next year. melissa: we are running a list of companies that have been hammering my inbox with offered. when you see things like this funny report googling cancel amazon prime membership was up 18% as people were joining to get the deal then canceling. >> we still expect to see amazon break records with the number of mimms they are driving and the number of deals they issued is much more than last year. and they are driving sales of their own branded devices, which is one of the keys to their strategy. melissa: i mountained that. when you go on prime day, the only stuff on sale is their product and i want to buy other stuff. do they make money on the whole prime thing? i get preshipping on about 5 million items during the year because of the prime thing. are they still making money on me? >> absolutely. amazon is not known for having the biggest discounts. the

they are catching up to amazon and one of the areas that they need to grow is china. let's see what they have to say. let's see if they can keep up these revenue numbers. keep in mind, this is a company that does substantially more revenue than amazon does. so they have a lot of firepower to endure a decline a lot of tech companies may not have. connell: guys, what we'll do, we'll come back. first, second, maybe third glance, just about everything we saw from microsoft looks solid. we'll dig through it, wait for the call, look at some of the guidance figures come back to later in the show. erin, lance, you come back for a segment later. thanks, guys. melissa: breaking news on iran, president trump announcing a u.s. showdown, a shot-down iranian drone in strait of hormuz. blake. reporter: commander-in-chief announced this, u.s. quote, unquote, destroyed an iranian drone. president saying that this happened in the strait of hormuz. he said that this iranian drone was going about 1000 yards or so away from the u.s. boxer, it ignored multiple calls to stand down. this was

the basically the argument is amazon and google have too much control. they control what you search for. they pretty much providing the platform, so the information about pricing what have you is in their hands. what do you make of this? >> companies are so worried that google and amazon are taking all of the oxygen out of the room. i think this goes to show how important search is among other things, right? so if you can't find something, based on internet, basically doesn't exist in the mind of the consumer. the question though they will be facing regulators if they decide to look at this more closely, how are you going to set up rules that will debate, design how much people can search what they can search for? connell: right. >> how would you even enforce those rules especially dealing with a company like amazon that is not only a marketplace, 50% of all e-commerce sales cross the internet? it is huge. connell: this retail group is saying you have to do things disclose where products are from, erin. you should talk about whether they are new or used.

focus today on amazon. tell us what your experience was like there, through the context, what do you mean, they treat you like a robot. >> so when it comes it a robot it is more like that you are sort of held to robotic standards of productivity, which in my kay when i was a picker at f-8, we carried around a scan gun. it would assign you tasks. when you got, every time you scanned something to complete that task, it would immediately give you a new one. there is a bar at the bottom, that would start ticking down the seconds you had left to do it. connell: they were tracking you, you were saying the whole time? >> yeah. the thing was gps enabled. connell: amazon has responded, i will tell you what they said in a second. >> i know what they're going to say. connell: here it is, let me get to it first. i will ask you another question. for someone who only worked at amazon for 11 days, emily's statements are not an accurate portrayal of working in our buildings. we're proud of the safe work places and allegati

amazon produces products cheaper than if you buy it off-the-shelf. it will be hard to show as a result of what they did they're keeping prices up, rather than lowering them, expanding their base. connell: you see this as an uphill climb from the government's point of view from the get-go? >> i do. can i make political comment? allegation more likely to see in the obama doj than the trump doj but here it is, things get flipped whatever in this day and age. good to see you. the department of justice looking a broad new antitrust review. new tech companies. we'll stay on top of it, meantime overseas, big story, new leader for the uk. he was born in new york city, boris johnson but he has been chosen by members of the conservative party to be the next prime minister of the united kingdom, vowing to get the country out of the european union by the halloween deadline. deal or no deal. >> some waggles pointed out, deliver, unite, defeat was no the perfect acronym for an election campaign since unfortunately it spells dud. they forgot the final e, my friends

you think amazon sits back on the information as well? everybody uses the information because its their form and the real money in the business is by amount of names and people they collect they can market to through their advertising. so at the end of the day you want to be product, you want it for free, that is what you will get. i don't think there is any defense of your privacy if you're handing over your information. connell: we continue to do it, lauren. 2.1 billion people use facebook, whatsapp, messenger, every single day. that plays into the active daily users on facebook alone is over 1 1/2 billion. when you work in the other platforms. young people on instagram. that is over two billion. we're doing exactly what todd suggests. >> exactly the consumer is out there say they don't like the privacy is being used in ways they don't necessarily like but they still continue to go on these apps. if they go on, facebook continues to sell ads. that is what it comes down to facebook is making money. until that happens, investors won't car

amazon down by 2%. alphabet, sometimes the options markets get it right, they were pricing a move up or down of 6%. stock up 6.25% after the earnings release. >>> intel reporting its second quarter results. that is another big one to get too. jackie deangelis joins us with those numbers. what do we see, jackie? reporter: connell, intel soaring because we have a beat top and bottom line. revenue 16.5 billion, surpassing the 15.7 expectation. earnings per share $1.06. that was well above the 89-cent estimate. where intel tripped up last quarter was on the guidance. it gave weaker guidance, even though beat on top and bottom line. that was a problem. this quarter raising the full-year revenue outlook, up 500 million from april. so investors are looking at that in a positive light too. before the earnings came out we saw headlines regarding apple acquisition of intel's smartphone modem business. that is in fact happening. that will happen for a billion dollars. apple is getting a majority stake in it. after

lauren: amazon is the exception here. for the week all three major averages ending in the green for the third week in a row. >>> at the white house president trump is about to sign a safe third country asylum agreement with caught maulla. we will bring you breaking headlines from the president as we get them. connell: fox business team coverage of all this. kristina partsinevelos on floor of the new york stock exchange. watching those records. jackie deangelis in new york with the newsroom. with the news breaking at white house as usual, blake, let's start with you. reporter: president trump pulled out his favorite punching bag once again hitting federal reserve as we got the gdp reading at 2.1% for the second quarter of this year. the president tweeting the following after that reading saying quote, not bad considering we have the very heavyweight of the federal reserve anchor wrapped around our neck. almost no inflation, usa is set to zoom. now the president's top economic advisor larry kudlow suggesting on "wsj at larg

amazon turning 25. the challenges ahead as the tech giant marks a major milestone. >> hiring bouncing back. the u.s. economy added 224,000 jobs in june, beating wall street expectations, easing concerns about a economic slow down. let's go to edward lawrence at white house. reporter: great to see you, jackie. showing fundamentally the economy is very strong the unemployment rate ticked up to 3.7%. it ticked up for a good reason. the size of the labor force grew. that means for people are looking for jobs. the president is still upset seven fed rate hikes have happened under his presidency. >> if we had a fed that would lower interest rates we would be like a rocket ship. we're paying a lot of interest. it is unnecessary. we don't have a fed that knows what they're doing. reporter: federal reserve chairman joe powell says pressure does not play into any dizzy but they look at average hourly wages as sign of inflation. wages grew 3.1% over last 12 months. that is low enough to indicate inflation pressures

one council auld amazon's founder enemy of the city. it would have cost amazon more than $12 million a year. the rationale, amazon was driving up wages, housing prices so much it was largely responsible for seattle's homeless problem. so it should pay to build subsidized housing for poor. a venture capitalist told the city council that they are chasing jobs away. >> amazon has been unfairly blamed for challenges that we as a region experienced, that we would have experienced regardless of amazon. reporter: amazon just issued a release showing what it has done for seattle over 25-year history. $4.5 billion in capital investment. it has paid out to employees $32 billion in wages which of course is spent locally. now the company is looking across lake washington to bellview. it announced plans for a 43 story story next to twin 15-story towers. it has five other sites under development. >> city staff met with amazon. we want to make sure that they feel welcome in bellevue. reporter: clearly amazon does feel welcome over in bellevue. in fact

melissa: gary, it was never a coincidence, we saw amazon saying they would raise their minimum wage to $15 an hour. it wasn't very apart from the announcement we read about more robots, more automation. that is how this works, no? >> when you mandate more expenses to any business owners, big or small without any productivity gains there is going to be an equal and opposite reaction. it is going to be kiosks or a lot of people losing their jobs or not getting jobs. just remember business owners look at talent. if they see somebody making $10 an hour, all of sudden they have to pay them 15, they may not keep them. there will be a lot of repercussions. of course people coming out with this mandate know nothing about economics. know nothing about risk capital but are willing to tell all of business what they must and have to do. it will not look good when all said and done. melissa: taking a shot at facebook, apple cofounder steve wozniak is warning about the loss of privacy on the popular social media site caught on tape by "tmz." listen to this. >> there are many different kinds of peopl

how is this different from microsoft, amazon? olivia: they all provide different public cloud networks that have particular strengths. like amazon's strength for example is infrastructure services. streams as a cloud customer relations and management platform. you see companies that are buying into these services and using these clouds for different types of reasons. what ibm is attempting to do is to become the glue that will stick together or connect all those different clouds onto one platform. so you may be a company that needs to use salesforce for a particular reason and it needs to use amazon for a different reason. that means you may end up with up to 15 different cloud providers, all operating independently in different silos. you have no way to bring them together. ibm is hoping it will be able to become the connective tissue that aligns all the different clouds under one platform. one of the really interesting things here is this idea, this kind of strategic move to become partners with some of these former competitors

amazon tweeted it was the biggest 24-hour sales day in amazon history, at least day one. we are still waiting on final numbers. there were some shoppers complaining that they were seeing technical glitches. there was a spike in service for canceling amazon prime. so, presumably some of those people bought some things and wanted to cancel. what is the verdict so far, 36 or so hours? brad: sitting back and watching prime day, you have to marvel at what a marketing event they have concocted out of thin air. they created a holiday season in the middle of the summer. a holiday season brings with it a lot of problems. you've got porch pirates. you've got disappointed customers. all sorts of things, the frenzy. overall, you have to sit back and admire the company for bringing itself to a peak season in the middle of the slowest time of year, right? they have created a frenzy where otherwise it would not exist. they not only have done it themselves, but brought the rest of the online retail industry with them. you see everyone else offering sales as well. canceling prime is funny

at the amazon conference, you feel like amazon is leading the world in cloud. at google, you feel like they know they want to. likecrosoft, they feel they know they can and they focus a lot on the incredible reach of every single person in the world and how they can tap them with some sort of cloud service. it is hard to ignore china in that context. emily: if you cannot ignore china, what would the impact of the trade war be? this seems not to be subsiding, so if tensions remain, what does that mean? >> microsoft's strength in china has been around the cloud services. it was early in the market. amazon caught them fast. the market in china is for companies that want to go global or access the cloud services for the offerings they are providing outside china. so that has the potential to go strong, regardless of any iron curtain that might fall. emily: microsoft felt the antitrust pain in the 1990's with big antitrust hearings, but they have been largely out of the spotlight with the recent raft of hearings with amazon, google, facebook, apple all in the spotli

an explanationto about the amazon complexity. >> amazon has this dual role, hosting a number of businesses , but also competing against them. we are looking into their use of data to see if it is in a fair way or will there be a case? to discuss,ng us our senior tech editor, brad stone. how big of a blow would this be? >> in the short-term, probably not a big blow. these things take a long time. google is facing $9 billion in eu fines. it has been appealing them, so that continues. this is the beginning of an investigation. or at least the expansion of an investigation for amazon in the eu. i think vestager is going to demand a kind of level of information that amazon has been unwilling in the past to provide. to the extent of which the company takes data from its marketplace how certain products are selling. seasonally, overall. and then moves those products into its first party marketplace. in other words, decides to sell what other sellers are offering, itself on the first party marketplace. amazon says it does not look at individual seller's data. if vestager could demand information f

that really advantages someone like amazon. we always see amazon increase their share later in the season as consumers don't have the same confidence in getting their deliveries on-time with other retailers as they do with amazon. that season will really be to amazon's advantage. that is one upside to q4. an,ly: that was andrew lipsm analyst for emarket. coming up, we invite some of the biggest tech companies to talk about the fallout from the trade war and the ban on huawei. and if you like bloomberg, check us out online, on sirius xm. this is bloomberg. ♪ emily: white house officials said they would send a delegation to china next week led by robert , lighthizer. this is after a high-level meeting with the trump administration and ceos from google, brought come, cisco -- brough broadcom, cisco, intel, and qualcomm. it was geared towards easing a sales ban on huawei. i spoke to a representative from arizona's seventh district. >> while huawei is not an independent actor, it is an arm of the chinese government. you cannot tru

that really advantages someone like amazon. we always see them increase their share later in the season as consumers don't have the same confidence as getting deliveries on-time. that season will really be to amazon's advantage. emily: that was an analyst for the marketer -- for emarketer. analysts visit the white house. of the biggeste tech companies to talk about the fallout from the trade war and the ban on huawei. and if you like bloomberg, check us out online, on sirius xm. this is bloomberg. ♪ emily: white house officials are sending a delegation to china led by robert lighthizer. this is after a high-level meeting with the trump administration and ceos from google broadcom, cisco, intel, and qualcomm. it was geared towards easing a sales and on -- ban on huawei. i spoke to a representative from arizona's seventh district. iswhile way is not -- huawei not an independent actor, it is an arm of the chinese government. we cannot trust it will not have negative consequences. huawei was working with a shell company in north

that really advantages someone like amazon. we always see them increase their share later in the season as consumers don't have the same confidence in getting no deliveries on time with other retailers, but they do with amazon. the compressed season will really be to amazon's advantage. that is another element to upside in q4. emily: coming up, tech giants visit the white house. the trump administration hosted some of the biggest tech companies to talk about the fallout from the trade war and the ban on huawei. and if you like bloomberg news, check us out on the radio, listen on the bloomberg app, and in the u.s. on sirius xm. this is bloomberg. ♪ emily: white house officials are sending a delegation to china next week led by u.s. trade representative robert lighthizer. this is after a high-level meeting with the trump administration and ceo's from google, broadcom, cisco, intel, and qualcomm. the meeting was geared towards easing a ban on sales to china's huawei. i spoke to a representative from arizona's seventh district. >

that disadvantages amazon. their shareases later in the season as consumers don't have confidence of getting there products on time like they do with amazon. that compressed season will be to amazon's advantage. was an analyst for the marketer. a tech giant visits the white house, the white house host the biggest tech companies to talk about fallout from the trade war with china and the ban on while -- huawei. this is bloomberg. ♪ emily: white house officials said they would send a delegation to china read by robert lighthizer after a high-level meeting in washington between the trump administration and ceos from google, broadcom, intel and qualcomm. the meeting was geared towards easing a ban on sales from china's huawei. >> i think this is a very dangerous meeting. huawei is not an independent actor. it is an arm of the chinese intelligence agency. us doing trust that business with them will not have negative consequences. i just read the washington post this past weekend and huawei was working with a shell

mark, you focus on both amazon and google. from the blessing side, do you see it as a good element that these companies have so much riding on them, whether financially or from their future revenue stream? mark: there is good and bad. the benefits of cloud computing is that it allows startup companies to avoid a lot of infrastructure costs. you can treat all of your i.t. needs as variable costs rather than big fixed costs. , you don't need to buy and build up a very large i.t. department to scale up a business. that has been the magic behind aws, amazon web services, also behind microsoft azure and google cloud. in many ways, what they are offering is a real benefit to these companies. there's no doubt that in order to scale up on the internet, you probably need to pay one of those three cloud providers. and then, if you are a consumer oriented service and you need to get consumers to use your service, get to know you, you will probably be spending money with google, facebook. probably just those two. that is how you get brand

we have seen companies -- snapchat went public and migrated from googled amazon. -- google to amazon. as long as you can migrate, i don't think there is a risk. caroline: what about the regulatory viewpoint we are seeing from capitol hill on amazon and google? is there a risk of them being so intertwined with the rest of the tech ecosystem? >> possibly. on regulatory risk is something that has become a major investor issue across technology. we just posted a call earlier today with an antitrust expert to talk about the risk of these platforms. particularly google, but also amazon and facebook. i think the chances of these forced to divest assets is extremely unlikely. i think government regulators would be very low the two unwind that. i think it would be hard to do that. looking at fines or changes that are modest at the margins. one quick comment, on the presidential democratic debates. big tech did not come up at all. except for the one time it did was some concerns over whether amazon is paying its fair share of taxes. the issue of google or facebook, that didn't come up, and that

all of this was hosted on amazon servers. lyft has a $300 million contract with amazon web services and google has 5% of lyft and a board seat itself. so it's obvious that google and amazon are very deep within the digital economy, but when you look through these files you really see how concretely they are kind of -- that the infrastructure behind how many of these companies work. >> and in some ways, this is a blessing and some ways it's a curse. mark, you focus on both amazon and google. and from the blessing side of the equation, do you see it as a good element that they -- that these companies have so much riding on, whether it be financial or from that future revenue stream from these recent i.p.o.'s? >> i don't know, caroline. there's good and bad to that. the benefits of cloud computing is that it allows startup companies, companies that have eventually want to go public, or are going public to avoid a lot of infrastructure costs. you can treat all of your i.t. needs as variable costs rather than big fixed costs you d

all of this was hosted on amazon servers using amazon web services. lyft has a $300 million contract with them for the next three years to pay for that. on top of that, google owns 5% of lyft and has a board seat. it's obvious that google and amazon are very deep within this economy. when you look into the filings, you see how concretely they are kind of the infrastructure behind how these companies work. >> in some ways, it is a blessing and in some ways it is a curse. you focus on amazon and google, and from the blessings side of the equation do you see this as , a good element that these companies have so much riding on , whether it be financially but for future revenue streams from these ipos? >> i don't know, caroline. there is good and bad. the benefits of cloud computing is that it allows startup companies, companies that are want to go public eventually or are going public to avoid infrastructure cost. cost you can treat your i.t. needs as variable costs rather than big fixed costs. you don't need to build up a large i.t. department to scale u

this was on amazon servers using amazon web services. on top of that google owns 5% of lyft. google is buried deep within the digital economy. when you look into it you see how concretely they are the infrastructure behind how these companies work. >> in some ways it is a blessing and did some ways it is a curse. you focus on amazon and google and from the blessings side do you see this as a good element that these companies have so much riding on but for future revenue streams? >> there is good and bad. computingts of cloud is that it allows startup companies that want to go public eventually or are going public to avoid infrastructure crossed. needs atreat your i.t. variable costs rather than big fixed costs. build up aeed to large i.t. department to scale up a business. that is the magic behind amazon ure services and microsoft az and google cloud. there is no doubt that in order to scale up on the internet you are going to pay one of those three cloud providers. -- if you a consumer need to get consumers to use your service or your application you will be spending money w

they were then joined by amazon, which seconded those calls. it seems like some other companies are getting ahead without such columns. guidelines,out some the algorithmic justice center in georgetown university law center unveiled the face base pledge, which asked companies not to provide facial ai for autonomous weapons or sell it to law enforcement unless explicit laws are debated and passed to allow it. a few companies have signed on, but notably not microsoft or amazon, possibly loath to lose the opportunity to sell facial recognition to police departments and government world over. so what is preventing your image from saying a whole lot more about you than it used to? face it -- not much. ♪ >> that was just one of the many quick takes you can find on the bloomberg. you can also find them at bloomberg.com, along with all the latest business news and analysis 24 hours a day. that's a wrap for "bluebird best" this week. thanks for watching. i'm rosalind chin. this is bloomberg. ♪ ♪ emily: i'm emily chang, this is "bloomberg technology

they were joined by amazon, which seconded those calls. it seemed like other companies are plowing ahead without qualms at all. >> to stake out guidelines, the other rhythmic justice center and law center unveiled the safe ledge which asks companies not to provide facially i-4 autonomous weapons or soulful -- self law enforcement unless laws are allowed it. if you companies are signed on but not microsoft or amazon. so what is preventing your image from saying more about you than it used to? faces. not much. ♪ was just one of the many quick takes you can find on the bloomberg. you can find the latest business news and analysis 24 hours a day. that is a rep for bloomberg best this week. thanks for watching. this is bloomberg. ♪ david: after it did go public, it did go down by 11%. a record decline after an ipo. dara: i love how this interview is starting. i really appreciate that. david: how long will it be where there is no drivers? dara: the better thing than robots alone or humans alone is robots and humans working together. david: s

they were then joined by amazon which seconded those calls. it seems like other companies are going ahead without such qualms at all. >> to stake out some guidelines, the algorithmic justice center at georgetown university law center unveiled a safe face pledge which asks companies not to provide ai for autonomous weapons, or sell to law enforcement unless laws were debated and passed. a few companies have signed on, but notably not microsoft or amazon have signed on. what is preventing your image from saying more about you than it used to? face it. not much. rosalind: that was just one of the many quick takes you can find of the bloomberg, you can find them at bloomberg.com along with all the latest business news and analysis 24 hours a day. that is a wrap for "bloomberg best" this week. thanks for watching. i'm rosalind chin. this is bloomberg. ♪ ♪ carol: welcome to "bloomberg businessweek." i am carol massar. jason: i am jason kelly. bloomberg headquarters in new york. carol: this week, the new workers of the world try to make a living

jason: strategically, how much do you worry about amazon? are they a frenemy, a friend, an enemy, competitor, all the above? depends on the business? [laughter] david: this world has gotten way more complicated than having somebody labeled as a competitor or customer. it is oftentimes a combination. you just have to accept that. the key is making sure we have a mutually beneficial relationship. as long as we do, that is the path that we are following. so i would not say that we worry about amazon. we respect them. just like we respect others that may be our competitors in certain parts of our business. but if we stay focused on doing our job in implementing our strategies, we feel very comfortable in our position. carol: talk to us about that transformation plan. i have been at rolled in louisville, and it is pretty fascinating just logistically what you guys are doing and it is not "just" about getting packages from a to b, but you are working with the health care sector and other sectors. give us an idea of how much becomes more of the tra

notably not microsoft or amazon have signed on. what is preventing your image from saying more about you than it used to? face it. not much. ♪ that was just one of the many quick takes you can find of the bloomberg, you can find them at bloomberg.comm along with all the latest business -- bloomberg.com, along with all the business news and analysis 24 hours a day. thanks for watching. this is bloomberg. ♪ ♪ emily: i'm emily chang. and this is "best of bloomberg technology," where we bring you all our top interviews from this week in tech. coming up, little love for libra on capitol hill. fed chair jay powell says he has "serious concerns" about facebook's proposed cryptocurrency. plus ibm closes its $34 billion deal with red hat. our conversation with the ceo's of both companies on the second-largest tech deal ever. plus you will hear from the social network's global chief diversity officer. she tells us how facebook plans

representatives from amazon, apple, and google, all on the defense. plus, netflix needs to get stranger. stocks plunge after a subscriber dip. they need to bet on new shows like stranger things. elon musk announces his latest

they say they will continue to improve topline growth and delivery. >> spending is back at amazon. they told us they will spend some $800 million on trying to today delivered pledge into a one-day delivery pledge and it is going to continue at least for the next and to try to increase the speed of delivery in the core retail business. u.s.mobile has won the approval of the merger with sprint. does it mean they can go ahead with the deal? >> pretty much. they still have some steaks they ,eed to be in front of, but yes it is a momentous occasion for the two country -- two companies five years in the making. >> we see who can provide the best 5g. we feel very confident combined we will be able to do that , it is sprint spectrum called the mid-band combined with t-mobile gives us the ability to build an advanced network, so there will be some great competition and i think the big beneficiary of this will be the american consumer with more choices and better prices. >> u.s. growth slowing in the first quarter, but not much as analysts expected including pushing gdp growth to -- >> busin

one of the takeaways from this amazon result? >> spending is back at amazon. they told us last quarter they will be spending some $800 million on trying to turn their two-day delivery pledge into a one-day delivery pledge and it indicated to investors it is going to continue at least for the next two quarters, rolling it out in the u.s. and internationally to try to increase the speed of delivery and integrate growth in the core retail business. >> t-mobile has won the u.s. the sprint sale, merger included. does it mean they can go ahead with the deal? >> pretty much. they still have some steaks they be inkes they need to front of and make sure they get aboard, but yes, it is a momentous occasion for the two companies five years in the making. >> it will be -- i call it a very strong race to see who can provide the best 5g. we feel very confident combined we are going to be able to do sprint 5guse the spectrum that we have, called the mid-band, combined with the low band of t-mobile, gives us the ability to build an advanced network. so there will be some grea