. >> in january of 2020, we had noticed some very unique vulnerabilities in microsoft windows 10. we shared that information. >> reporter: and ten years ago, you would have never done that. >> we would never have done it. >> reporter: the nsa director describes an incredibly dynamic, covert battle being waged in cyberspace. and whit, authorities say the number of ransomware attacks targeting the u.s. is up a stunning 300%. >> alarming numbers. pierre, thank you. >>> when we come back tonight, concerns for an nfl star. the 911 call and alarming messages sending police and team officials to his house. what authorities are now saying. >>> and why hundreds of thousands in california may lose powerover thanksgiving. [sfx: radio being tuned] welcome to allstate. ♪ [band plays] ♪ a place where everyone lives life well-protected. ♪ and even when things go a bit wrong, we've got your back. here, things work the way you wish they would. and better protection costs a whole lot less. you're in good hands with allstate. click or call for a lower auto rate today. no one can deliver your m

the award show is being held at microsoft theater in los angeles. it is the largest fan determined music show, award show in the world. tune into abc 7 on november 21. dan: it will be fun. speaking of fun, baseball has crowned a champion. ama: they reveal his heel with sports. larry: the atlanta braves had a losing record at the all-star break, but it is not how you start, it is how you finish. the brave i didn't have to shout out for help. because you didn't have another dvt. not today. one blood clot puts you at risk of having another, so we chose xarelto®, to help keep you protected. xarelto® is proven to treat and reduce the risk of dvt or pe blood clots from happening again. almost 98% of people did not have another dvt or pe. don't stop taking xarelto® without talking to your doctor, as this may increase risk of blood clots. while taking, a spinal injection increases risk of blood clots, which may cause paralysis. you may bruise more easily or take longer to stop bleeding. xarelto® can cause serious and in rare cases, fatal bleeding. it ma

cardi b the fight time ama winner hosting for the first time bringing the funny and the fashion to microsoft arena. new artist of the y at just 18 years old disney star olivia rodrigo going into the night with the most nominations in delivering a powerful performance. disney is the parent company of abc but perhaps the biggest title in the hands of fans artists of the year. and a big night for bts the k-pop group taking home favorite pop song and favorite pop duo machine gun kelly with rockfrome coldplay and bts performing their latest hit my universe while tyler the creator brought his artistry a new addition and new kids on the block battle did out for boston. at tonight's american music awards, san francisco native darren chris talked about his upcoming new year's eve concert here at home fans will get to enjoy some of his tracks from his album a very darren christmas. i think we'll stretch the mileage out a little bit and hopefully play some of those tunes for that show because there's certainly some new year's tunes on this album and some other songs about san francisco that i would lov

the award show is being held at microsoft theater in los angeles. it is the largest fan determined music show, award show in the world. tune into abc 7 on november 21. dan: it will be fun. speaking of fun, baseball has crowned a champion. ama: they reveal his heel with sports. larry: the atlanta braves had a losing record at the all-star break, but it is not how you start, it is how you finish. the b i'm morgan, and there's more to me than hiv. more love, more adventure, more community. but with my hiv treatment, there's not more medicines in my pill. i talked to my doctor and switched to fewer medicines with dovato. dovato is for some adults who are starting hiv-1 treatment or replacing their current hiv-1 regimen. with just 2 medicines in 1 pill, dovato is as effective as a 3-drug regimen... to help you reach and stay undetectable. research shows people who take hiv treatment as prescribed and get to and stay undetectable can no longer transmit hiv through sex. don't take dovato if you're allergic to its ingredients or if you take dofetilide. taki

microsoft has turned from a company known for infighting into a company now seeing -- seen as one of the premier business software makers, all thanks to the fresh blood, even though these were people who were there quite a while, they gave new ideas and got things going in different directions. dan: as a jack dorsey said, maybe it will make a difference. he was an enigmatic character in silicon valley, not as high-profile as elon musk or mark zuckerberg. he also navigated issues with donald trump and ended up barring him from the platform. tell us about his legacy that he will leave at twitter. >> i think one of the toughest things is while jack dorsey spent a lot of time growing twitter into the force it is in politics and entertainment and sports, in news, there is also a lot of negative that has happened the last few years. if you look at every thing from january 6, the attack on the capital, and go backward, you have president trump and the moment we realized we had someone who had control of the nuclear codes but was considered to be too dangerous to be on twitter, and everythin

. >> if you are a microsoft user, check your email. you could receive a gift card of up to $100. they have been sending out gift cards randomly. it has confirmed a bunch of products that the online stores kind. union city man is helping his custom car turns into a hot wheels toy. every year, hot wheel searches for vehicle that will be sold worldwide. john ashley robertson showed us his creation. he turned a beat up 2003 nissan 350 z into what you see here. his car is now one of 10 that made it onto the hot wheels legends finale. >> to be able to do this and then to just know that forever, people can appreciate something i've made, i made it with my own hands, and is nothing like i was trying to do this at all, i was just having fun. now, it is part of the like, stores everywhere, and across the world. it is supercool. >> wow. the winner will be announced to jay leno's garage in burbank. >> the five -- final day of the climate summit in scotland. it is a critical argument for the final agreement. climate change phrase that will be pushing back the entire conference. >> plus, brand

cardi b is hosting the show through the microsoft theater in l.a., and an abc reporter has more on what to expect at one of the biggest nights of music. >> the country's favorite musicians are taking the stage for american music awards. the biggest show in the united states, with people taking home prices. this year, it is cardi lifetime ama winner. she is up for three awards. >> this is fun. hey. good times. good vibes, i like to party. i want to wake people up, so that is going to be me. >> pop newcomer olivia roderigo has the most nominations with seven. the drivers license star has some fierce conversation for the title of newcomer of the year. >> golden, masked leroy. the mas also add including favorite trending song. along with favorite gospel artist and favorite latin duo. it would not be the ama's without some unpredictable performances. bradford tyler, the creator, i i bringing it to the stage. >> he is one of the most unusual and imaginative out and out how on earth did he think of that. >> perhaps one of the most anticipated duos, firing of the audience, megan thee stallion a

cardi b, the five-time ama winter hosting for the first time, bringing the funny and the fashion to microsoft arena. new artist of the year going to -- >> olivia roderigo. >> olivia roderigo going into the night with the most nominations and a powerful performance. the biggest title in the hands of fans, artist of the year. and a big night for bts, the group taking home favorite pop song and pop duo. machine gun kelly with rock artist of the year. from awards to energy, top artists blazing the stage. tyler the creator brought his wids on the block battle it out for boston. orwood. gg:t ig's show, a san francisco native talked about his upcoming new year's eve concert happening in san francisco. fans will get to enjoy the tracks for his album. and check out the title. >> i think we will stretch out the mileage and play some of those tunes for that show because there are some new year's tunes on this album and other songs about san francisco that i would love to play specifically for that show. it will be nice to do that. reggie: he takes the stage with the san francisco symphony in the -- symp

the award show is being held at microsoft theater in los angeles and it is the largest fan-determined music awards show in the world. of course, if you want to watch it, you can check out abc 7 on november 21. reggie: one automaker addressing an issue that caused cars to automatically hit the brakes for no reason. kumasi: pg&e rolling out a new program. reggie: combating climate change. then they focus right now for world leaders. the individual decisions you can make to fight the effects where you live. kumasi: taking a live look outside right now at 5:26. we will be right back. mrs. claus the shopping boss here to help you merry savers decorate with the best bargains ever! ross has savings on everything you need to get the party started. because who waits for shipping anymore? or guests?! i love saying yes to more merry for less at ross! i drop off and pick up my kids from school so, i can't work early. or late. and i need to make enough to make it worthwhile. i can only work two days a week. and it can't interfere with my other job. i can do full-time. just not daytime. and i need

c. 1963, i'm microsoft speaks. and when president johnson introduce of voting rights at to the american public, he used the language of the civil rights movement. ah, it took almost a 100 years to realize that those civil war amendments granted because there was a push back to the rights that were granted on the amendments. we had the what we call the jim crow error where lots of states pass laws that made it impossible for minority voters, black voters to be able to vote. they had literacy tests, they had poll taxes. so while on the books, it said you had the right to vote. in reality, you didn't who you know, you hear that america is one of the oldest democracies in the world. but in reality, most people have not had a chance to participate in our democracy. and even now we're facing a lot of laws that try to limit or create barriers to that participation. i co direct the voting rights project that work with the open my eyes to the challenges within our democracy. it wasn't just about elections, but it was the ru

as me barker reports form dublin on the outskirts of the irish capital take joint microsoft lay the foundations of, of bars view data center. a short walk away from where google has all of its colossal hops. they're so big they can use as much electricity as a small city and eat around 500000 liters of water a day to cool their systems. we need them to support the internet and store content . and for years, the irish governments welcome the tech giant with open arms and tempting low tax rate. but there were deepening concerns that within a few years, a 3rd of islands, electricity will be used to power a rapidly growing network of centers. some expert say the figure could be even higher, would worries about the nation's energy security. i think that the worry is if it's very cold winter for example, and there's a big demand on the grid for, for heating and so on. and yeah, there could be, there could be blackouts, islands racing to produce 70 percent of its electricity from renewables, mainly wind by 2030. but in the short term, data centers will rely on fossil fuels, mostly natural gas, to keep

but we wanted to try to rival microsoft and avoid a grid tast penalty, but was find $50007.00 rather $1000.00 to touching hampton curren inspections and on friday a stuff. and we'll go from 2nd in sunday's race. and valentino rossi will thoughts his last 7 moto g p race from pence position. the 9 time will champion will call time when is 25 year career, sunday season closure in valencia is the tale and the best qualifying results since the previous chrome pre back in august. well, that's way as well for me for now, but i'll be back later. thank you very much, sarah, and that's all for this news. alex, but state change, the more news with darren in just a moment. a me a, a frank assessment. what's the point of view, and if multilateralism isn't part of it's dna, we need somewhere we're sovereign states can exchange informed opinions is okay. likely to change biking behavior. it's not going to change their behavior. they're going to continue to do what they do when it's going to be more in trade and less in terms of trying to match this more games mentality. in depth analysis of the da

we've also seen those reports on the illegal push back of microsoft, the towing of refugees and their boats back out to see by the authorities of the greek said they're investigating those allegations. what the prime minister have to say on that. not very much. and neither did much of the mainstream media increase. now, many of them like the writing committee, me or put them on, are supportive of the government. a lot of their work on the story has delved into burgers, reporting her personal life. they call her a pro turkish agent. one newspaper put with him, i even slammed her for having quote, buckets, tiny servants who walk her dogs daily. quick journalists, showing us where their loyalties lie. it looks like it. yeah. ok, thanks me. tv and 20 for the most popular television news channel in poland is celebrating 20 years on the air. it was the 1st 24 hour news channel launched in the former soviet bloc. a privately owned, independent network. tv and $24.00 is not afraid to go after the polish government, which puts it on the opposite side of the fence as the state on broadcaster t

and microsoft linked in said last month at which shot. so it's chinese size. and fisher has war from washington, d. c. for some people would say this is more symbolic, but it is quite significant as well. yeah. who has essentially been running donuts platforms in china since 2013. if you go back to 2005, they created a partnership with ali baba. and at that point yahoo started to be phased out. but because of the change in the law, on the 1st of november, yahoo decided that the environment there was simply too difficult to operate any more. and so about 2 weeks ago, user started to see a message saying that from the ve, amber, the 1st, all of these platforms, all of these yahoo sites will simply disappear as you see. they're not the 1st to do that. in fact, linked in just a couple of weeks ago decided that they were done with china as well. this is a pretty big decision when you think that there are 1000000000 users on the internet and mainland china. so that's a big market. that essentially you're putting on your coat and walking away from, but linkedin like

but it's the latest tech firm to exit google left years ago, and microsoft's linkedin said last month it was shorter. it's chinese site. boston is one of the united states oldest cities and on choose day some more history will be made to women are running for mayor and whoever wins will be the 1st female elected to run the city. kristin salumi reports in boston's chinatown. michelle wu, a child of taiwanese immigrants, made the case for a greener, more inclusive city. this is about the future of austin and making sure that we are meeting the moment with bo fearless leadership that includes every single one of our families. every single one of our communities. her opponent is also a 1st generation american annisa s i e e e e b. george is the daughter of immigrants from tunisia and poland. and like woo, she's a democrat who served on the city council. i'm gonna vote for michelle i, i think she has a great platform. she has really great interest in the community. and she's backed by really and marble and like people and, and like higher up congress to support the a more open mind when it

and as this back and forth between politicians continues that people continue to suffer. microsoft has not seen inflation like this for the last 70 years. and the prices of basic commodities have been rising. people have been telling us that they are having to choose whether to send their children to school or put food on the table. who t rebels and the saudi led coalition. fighting in yemen, say they have launched major military operations. but who these are claiming to have hit spaces, oil installations, and an airport, and a number of cities. while the saudi led coalition says it's launched attacks on more than a dozen targets in yemen. some thoughts on grey men, al hm. danny now who's a researcher at the yemen policy center and ark group and says the conflict is not necessary escalating, but these attacks and retaliations show how both sides undermine each other's image of power. we've been seeing a lot of escalation on the ground and a lot of frontline changing in yemen. that basically has led to an intensification of airstrikes on to the capital city of santa and as well. and if

and as this back and forth between politicians continues that people continue to suffer. microsoft has not seen inflation like this for the last 70 years. and the prices of basic commodities have been rising. people have been telling us that they're having to choose whether to send their children to school or put food on the table now to lebanon, where people are struggling to pay for medicines after the government cut subsidies on some drugs. country is already in a severe economic crisis if not collapse. and as a honda reports from the capital a route as seems no sign of a way out. i will the how much is a diabetic who needs continuous medical care, but this 75 year old can no longer afford it. lebanon began gradually lifting subsidies on drugs a few months ago, but now they include those for chronic diseases. wagner, marcia, yes, i am state employee, and my pension is not enough to pay for the medicines i need to hug. oh yeah. we will died because we can't buy medicine. i will mohammed left this pharmacy without the insulin he wanted. medicine has now become a privilege for the majo

is the latest tech firm to leave google left years ago and microsoft, linkedin said last month it would close it's chinese site france appears to have backed off from sparking a full blown trade war with the u. k. of a fishing in person tools will be held this week with the french holding off on imposing a threatened series of sanctions. but the lexia brown reports of northern france many in the industry are struggling with the uncertainty. mid morning in bologna, sir mayor and the fishing boats returned with their catch, but for many, it's smaller than usual. yes. would you please are chip fish ward, let us, but we have to put up with this. we don't have any choice for the past 10 months. we have not been able to make a living, gets old, wasn't given a license to fish in british waters, even though he says he's been working in them for years. his boat didn't have the required tracking equipment to prove that. and the paperwork he provided was rejected. french officials are infuriated saying dozens of vessels weren't given the licenses expected by british authorities. president emanuel

but it is just another tech found to exit google left years ago, microsoft linkedin said last month, it would also close its chinese site feel shot dr. is in hazy, i considering for the strike action after several work as were kidnapped by armed gangs this week. the union is insisting on their release, but a strike is likely to compound the fuel crisis that's brought much of the country to a standstill. this report from john hendern importer prince idled lines of cars snake through haiti's, capital drivers biding their time till the pumps come to life without fuel. the porter prince economy is, is motionless, is the cues of vehicles as police protect the tanks in the haitian heat. ah, frustrations run high with 2 drawers to go to work, but return. there is nothing. widow, what of anything to do then it is about going to wander, pierre, who drives a taxi? locals called a tap, tap his waited 3 days. yeah. about i fight wick out. some one was beat up monday. i am still here. this is where i slip. i can't get fuel, i can't do anything. i can't work. i haven't it in the money and my pocke

it all started when grabbing microsoft and running down the street. the community for phone is a violation of personal liberty and finally tried to run around their truck as you saw in the get away from the stranger street put already full and that they would kill him. and that they held the defense lawyer for one of the men, travis, michael sat, his client acted with juicy and responsibility and see them on the flip and go back around. the dog is gone and his cellphone, he says, dad, one of the police getting here is that i didn't call 911, travis, dial 911, and gives his dad his phone. and that's why we have another one called cuz travis make michael had his phone and thought to call the police. where are they? before the 1st shot is fired. they call the police. that is not evidence of an intent to murder. a former security aid to the french president has been sentenced to a year in prison for assaulting a protest. her exile renello was found guilty of illegal violence and other offences for attacking a protest or a may day march in 2018. he's been

marcus looked at what microsoft did. he are like so much, marcus. you it blah. does let it on us have in the show. okay. well you said on my laugh at me at some mac as your own b as we'd the shipper could be a house on my unit. and then back in month robin did this, she or more had that this long can't warmest issued law had that a shiver to be her old man out the huddle sugar could be held by asia made at the head a year later in july, 2007, i'll just the relaunched the 1st arabic speaking documentary tv channel. but at the 0, they appear in it. we're mozilla here. alamos who were at the coffee a ham allen was though al amy and with the houses b. l. f. lehman. with a plea here. man, tom mallette wheels when i think a fleming with a peer florida. but al jazeera documentary shows films about history, politics, social issues and culture, mainly in the arabic speaking world. it participates in international film festivals and has won a lot of awards. march 2008 saw a series of popular uprisings in tibet over the chinese government's treatment of its people. alger 0

. >> on the outskirts of the irish capital, tech giant microsoft is lang the foundations of a vast new data center. a short walk away from where google has one of its colossal hubs. they are so big they can use as much electricity as a small city. and as needed around 5000 liters of water a day to cool their systems. we need them to support the internet and store content. for years, the irish government welcomed the tech giants with open arms and tempting low tax rate. but there are deepening concerns that within a few years a third of ireland's electricity will be used to power a rapidly growing network of centers. some experts say the figure could be even higher with worries about the nation's energy security. >> if it is a cold winter for example and there is a big demand on the grid for heating and so on, there could be blackouts. >> ireland is racing to produce 70% of its electricity from renewables, mainly wind by 2030. in the short-term, data centers will rely on fossil fuels. mostly natural gas to keep running. opposition mps want a freeze on all new centers until their impact

. >> i could've involved in to my calendar, microsoft teams, anything that would allow me to work with or do any of my job. racial equity priority sounds really great but they get students to hate each other based on call there and suggest all of our students who aren't black or brown that they are responsible for centuries of horrible depression. >> alicia: prior to being put on leave, described in a viral video how he had personally witnessed crt in classrooms even of the district told parents it didn't. and we've heard from so many parents over the months who had remote learning going on in their homes and know exactly what's being taught and that's why the scenes of many of them showing up to school board meetings because they didn't like what they heard or what they saw. >> griff: is unbelievable. you're going to speak out, we will silence you. that's the message being sent from ground zero now to indiana and let's not forget the national school boards association had to apologize for that letter ultimately labeling parents as domestic terrorists although the department of justice

this comes off the back of microsoft bringing back some of their rights to repair legislation in october. quite a big win. perhaps if you are not sure about these things, you should take it to a technician if it is not within your skill set, shall we say. mejust within your skill set, shall we say. me just recently got device, and some things gone wrong, have apple said anything about the guarantee? often, the manufacturer's guarantee is only valid if you get it repaired officially. having said anything on that front? , :, �* , that front? they haven't yet. in the ast, that front? they haven't yet. in the past. there's _ that front? they haven't yet. in the past, there's been _ that front? they haven't yet. in the past, there's been a _ that front? they haven't yet. in the past, there's been a lot _ that front? they haven't yet. in the past, there's been a lot of - past, there's been a lot of controversy on this. various companies subside, shame on apple for making it harder to replace a cracked screens and the like. you can quite easily find yourself out of guarantee and out of warran

seeker�*s the product of microsoft�*s ai research labs and combines with existing airport scanning tech. it is on the hunt for a wide range of illegal wildlife, from ivory pangolin scales and rhino horn. the tech can scale down to the atomic density of a bag�*s contents, comparing items it has scanned to those of illegal materials. up in the top corner here? there it is. its developers have used real items confiscated by border force to teach the ai what to look for. so we have been taking items that the uk border force have seized, running through the airport screening systems. we have been taking that data and training an ai model on the characteristics of a range of wildlife species. this has enabled us to build a model with a high degree of accuracy in detecting illegal wildlife in prts and borders. now the initial testing phase is complete, it is hoped this technology will roll out for more testing at airports around the world. another tool in the fight to prevent a trade which could lead to the extinction of some of the world�*s most endangered animals. marc cieslak, bbc news.

reasons but are well known, the english language, the very free economy, the ability to lose one puts microsoft among your community, the lack of identity cards, the fact that there is a reputation around that britain is a reputation around that britain is a reputation around that britain is a place where it is easier to settle in. and to start anew. but as the draw, that hasn't changed in 25 years since the problem began. quite clearly what has happened is in the last three years, the gangs who were truly there before have come into much more of a powerful position because of the closing off of the railways and lorries, that whole option, it has meant an organisation has been acquired. before people could individually smuggle themselves on the back of lorries and would be told how to do it by their friends and they would work out how to do it, but that is impossible now, so the organisation has come from these gangs, these organisations. when you consider that the french have arrested 1500 boat this year who they say are people smugglers, it gives you any idea of the scale of this. 1500 people

amazon and ibm and google and microsoft all came out and said they were no longer going to recognition technology to law enforcement. —— black lives matter. that was really significant in the united states because the united states has been actually banning this technology unless action has been taken around the world but what happens in the united states where companies like facebook and amazon etc based ripples out, so now we're seeing lawmakers and regulators in the public starting to, sort of come again a consciousness about this technology, realising quite how powerful it is an suddenly becoming aware that we have no laws to protect us from this, not really. really interesting. thank you very much explain myself. thank you. hello again. once again today, the forecast is one of sunshine and showers. a lot of the showers coming in in the brisk winds, windward coasts but some of them are making it inland. across england, there will be a bit more cloud around than there was yesterday. but there'll still be some sunshine, gusty winds, 40—50 mph gusts along the north sea coast, ac

same with microsoft's xbox. part of the issue is that sony is not able to capitalize on the fact that this is a new generation device that there is really strong demand for and you can't put machines in people's hands. the other thing, next year, 22.6 million sales. it needed to produce some devices this year in order to get a head start on that. the real threat might be the next fiscal year. shery: how are companies like nintendo faring? >> nintendo just disclosed earnings recently. it cut its own sales forecast for the year by a substantial amount. 1.5 million units. the valve, which has its pc service, its own portable game device, it said it would launch in december and has now pushed back to february citing supply chain issues. paul: what is a realistic timeline for when we can expect supply of consoles and other electronics to catch up with demand? >> it is shaping up like 2022 is going to be a repeat of 2021. do not expect anything all the way through next year and probably then we can look at things norm

we will hear from companies including microsoft in a panel. next we will discuss what alibaba results reveal. do stay with us. every day in business brings something new. so get the flexibility of the new mobile service designed for your small business. introducing comcast business mobile. you get the most reliable network with nationwide 5g included. and you can get unlimited data for just $30 per line per month when you get four lines or mix and match data options. available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilities. shery: it's 7:30 a.m. here in singapore where the last day of the bloomberg new economy form is set to start in about an hour. from the chinese vice president saying the country can develop in isolation to singapore's prime minister warning about beijing and washington's miscalculation over taiwan. we also have commentary on the hsbc ceo on hong kong's reopening plan, and bill gates on a pote

shery:kqív the microsoft ceo speaking exclusively with emily chang. nintendo reportedly plans to produce 20% fewer switch consoles than originally planned. according to the nikkei, nintendo has struggled to get enough semiconductors to make the new machines. the company had hoped to make about 30 million consoles as demand has been strong. netflix has become -- has begun its long-awaited jump into video games. the company says there will be no advertising or additional purchases required. we have more to come on "daybreak: asia." stay with us. this is bloomberg. total gym includes everything you need to get into the best shape of your life. for every body at any age. it works every muscle group, including your core, using your own body weight as resistance. customers love total gym because it's fun, fast and effective. nothing delivers full body results like total gym. and right now you can try it risk free and enjoy special savings too! get on demand workouts free, free shipping and more. call now! shery: we're getting the market singapore pmi number

microsoft will also take a stab at the idea. emily chang spoke exclusively with the ceo. >> it comes down to bringing the real world people places and things to the digital world. for us, this is by the way happening both in the consumer space and in the commercial space. seven years ago is when we launched hollow lens. we talked about the gaming applications and the enterprise applications. this pandemic if anything has made the commercial use cases much more mainstream even though sometimes the consumer stuff feels like science fiction. i was able to go with it to the nhs hospital in the u.k. and do a virtual visit of the covid wards. i was able to go to the toyota manufacturing plant and to a remote site and even the space station. the ability to be able to have the malleability of digital really helps ring links together. >> you are working with a number of partners including facebook that just unveiled the metaverse. what do you think of their approach? >> we love that there is so much innovation going in. whether it's from

taking things from apple and microsoft and the names that have done well, we continue to like those stocks. trees don't grow to the sky and the stocks have done quite well. you are in a less constructive environment securely for the high pe names. paul: you have taken some profits from some of those big names. where have you put it to work instead? >> we like paypal. mastercard. also the larger banks like jp morgan and citicorp that we think can do quite well. they have done a great job after the great financial crisis and covid of repairing their balance sheet, fixing cost structures and setting themselves up for strong growth. paul: in terms of the supply chain bottle nuts -- bottlenecks, when do you see these easing and is there a risk there will be a sudden supply glut? >> we think it's up six to 12 month scenario. we are seeing softening of the crisis on the west coast of the u.s.. real shipping is getting a bit better. also doing research this morning on chips particularly the chips needed for auto manufacturing. that's starting to get better. the glut is a potential risk, but we thi

the very latest on our conversations from the hsbc ceo and microsoft founder bill gates. a quick snapshot of the local markets. volatility in currencies. $65 trillion of tramiel and -- stimulus due to be delivered. volatility in the yen. dollar-yen trade. down ever so slightly from a four year low. the aussie dollar up .8%. the geopolitical narrative improving between the u.s. and china. wondering what australian-china conversation looks like. gas, oil, iron ore, and oil down by 1%. could china and u.s. really go for a joint strategic reserve draw? the special petroleum reserve was drawn down by 3.1 million barrels. there is a draw by stealth in oil, we are down by 1%. we spoke exclusively with the hsbc ceo, noah clean here at the new bloomberg economy forum on a range of issues, including china. he said the world cannot decouple from china, which is still the world's biggest manufacturing hub. >> the world's economy is recovering. it is recovering well. there are tensions in the supply chain. we should not be surprised by that. we went fast reverse, now we are going fast

manus: microsoft ceo speaking exclusively to emily chang on the future of big tech. it is literally one day we have talked about ad nauseam, but might be fed begin to taper? it will be $15 billion less bonds and mortgage-backed securities each month. there is a message in the bond market, which is don't go too far, too fast. retracing its dramatic moves from last week. the two year yield has slighted by the most since march 2020. the rba really reset the narrative of don't overreach any bond markets as they step back from yield curve control. what will jay powell deliver tonight from tapering and tightening to ensure lower shorting rates? ♪ >> good morning. welcome to bloomberg markets york. i am anna edwards. the cash trade is less than an hour away. fed tapering insight. all but certain to announce a reduction in bond purchase

just as i mentioned, microsoft, google and disney are taking space and more people are coming, people have to come back to the office, things are opening up. i think they are going to keep going up. it is becoming very expensive to be here, yes. you could get a bargain during the pandemic, that is gone. that has all disappeared. amanda: great to have you with us, good to check in. bess freedman, ceo of brown harris stevens. coming up, taking orders. nissan opens up reservations in the u.s. for the 2023 ev. we will talk about that move and if they continue headwinds that face the industry with the senior vp of marketing and sales live from the l.a. auto show next. ♪ >> we need think about inventory. right now, every cfo is looking at their supplies. you need more inventory. >> the underlying trend pre-pandemic and to accelerate his principal powers in the system, the european union, the u.s., china really want to nationalize supply chains, industrial policy. >> all the indications we have physical flow right through beyond the middle of next year. we are a nation away down in the pac