Transcripts For BLOOMBERG Bloomberg Technology 20170929

He declared only 2 of the west bank is occupied. The u. S. Says his comments do not reflect policy shift. Global news 24 hours a day. Parenti and this is bloomberg. Emily i am emily chang and this is bloomberg technology. Coming up, the growing social media lines to fight fake news. The latest on the investigation into russian interference in americas electoral process a day after twitter visited in the capital. Hoteltonight opens its booking window to a wider audience and raises nearly 40 million in its latest funding round. The c. E. O. And cofounder sam shank checks in. Elon musk upgrades his commercial space dream with a new mission for rockets on earth. How realistic is shanghai to new york in half an hour . We will discuss. We begin with breaking news out of washington. Tom price has resigned as the health and Human Services secretary after taking private and military jets at taxpayers expense. Alex wayne joins me now. This happening in the last 20 minutes or so. The latest white house scandal. What do you make of it . It is more turnover in the Trump Administration after a summer that saw a series of departures from the white house itself. We are now losing our first cabinet official, tom price. Emily there are other individuals who are part of the administration who may have taken flights that are questionable. Are we expecting more this . Trump has not singled out a guy like the interior secretary and the way in the way he did tom price. On wednesday, he told reporters he was thinking of firing price. He said he was very disappointed. He repeated that today before he got on marine one and a helicopter to go to bedminster. Time he the same landed, the press release came out saying tom price resigned. I think the decision was probably made before trump got on the plane. In theprice has been crosshairs after months of unsuccessful attempts to repeal and replace the Affordable Care act. How much of that do you think impacted this turn of events . I think tom price did not have many friends anywhere in washington. I dont think anybody in congress was speaking up for him. The Health Care Industry was certainly not sticking up for him. The could not help get any of the bills over the finish lines. The most recent one, ram cassidy, tom price had not been involved at all in the debate. I think that was weighing on the president s mind as he made this decision, in addition to the egregious abuse of taxpayer dollars in these private plane flights. Has been namedht acting secretary. Something we will continue to follow. Alex, thank you. Twitter presented its findings on russian interference in the 2016 president ial election to the house and Senate Intelligence committees thursday. Lawmakers are not pleased. Listen to democrat senator mark warner. Again, thanks many more questions banks many more questions begs many more questions. The response was frankly inadequate on almost every level. Emily in a blog post, twitter announced it disabled 22 accounts after reviewing information from facebook showing connections to 450 bogus accounts on the social network. Twitter revealed an additional 179 related accounts it says violated its rules. Joining me to discuss this as well as the latest news in facebooks fight against fake the and election meddling, founder of the National Security institute at george mason law school. Before that, he was the former chief counsel and Senior Advisor to the Senate Foreign relations committee. Also with me, Kevin Whitelaw who heads bloombergs congressional coverage. Kevin, i want to start with you. All of this unfolded on thursday on capitol hill. What kind of fallout today in terms of twitters perceived inadequacy dealing with this . Listening to senator warner last night, he was really upset. He was upset about not getting a lot of information. I think what he was really upset about was the sense that twitter has not worked hard to understand what happened on its network during the u. S. Election. It is a complaint he has also had about facebook. These companies have not done the full amount of work to begin to figure out what level of manipulation where other things might have occurred. The twitter presentation was mostly derivative of what facebook the work facebook did as well as looking at what one russian outlet did in terms of spending. Pretty minimal. I think there will be a lot of followup questions. There is a lot of pressure. We are told facebook, twitter, and google have been invited for a november 1 hearing in public before the Senate Intelligence committee. If they dont have more detailed answers, it could be uncomfortable hearing for them. Emily there is concern facebook did not act quickly enough. Now we are seeing twitter working mostly off of facebooks disclosures. How significant is this . This is a big deal. These are serious folks on the committee. They are being invited for a hearing in early november. The house has announced a hearing in october. There will be a lot of attention to this. Facebook and google makeup 20 of global ad spend. The top three are in the top 30 of global media owners. This is a big deal in th these ads can haveat a big impact. Companies regulate themselves or does the government have to step in . Oh fake accounts accounts allowed certain hashtags to trend on twitter. Twitter hasbe more yet to uncover . It seems like it. About thequestion capacity twitter has to investigate. It grants a certain amount of anonymity to begin with. There are questions about how deeply they want to look and test the strength of their algorithms. These are communities built on being automatic and selfcorrecting. To the degree they are supposed to adapt to things, there is a lot of room to take advantage of them it seems. Then there is the question of whether these Companies Want to look hard to understand how they can be of use in the same way they can also be used for good. Emily what is the responsibility of social networks . I think it is important they try to do the right thing. Kevin is right. They need to figure it out. If they dont, they will face regulation. Regulation is bad for the economy and technology. It cannot keep up. Expecting laws to keep up with the speed in the valley is crazy. It is important the companies figure it out and find a rational path forward. If not, regulation is coming. That is bad for technology and innovation in the United States. At a storylooking about a similar investigation at google. We had not heard about ads on google yet or snapchat. Do we think this issue could expand to many more media . We know google has received invitations from the senate committee. We expect the House Committee will be reaching out to google. There has been some level of conversations between the panels and a company. It is unclear which parts of the google empire they will be looking at. You can certainly look around. It is not just google ads but youtube and other things and say theres probably a fair amount of potential for manipulation to have been done. I think the key thing is going to be all of these Companies Act like media companies, but they do not take the same proactive level of responsibility about what is on their site as a Media Company does. Theseant to act like Companies Want to make money advertising and other things but have not taken the same level of control or responsibility. Tough questions ahead for these companies about what their role is in the economy and also in a democracy. Emily Mark Zuckerberg has apologized. At the same time, he has cautioned that facebook cannot sway an election entirely. Do you think some of this new information reveals social media could have played a Critical Role in swaying the election in trumps favor . Is that a stretch . I think it is a little bit of a stretch. Far is what you see thus hundreds of thousands of dollars on spend on thousands of accounts. We are talking about millions of accounts, billions of dollars of ad spend. It is a drop in the bucket compared to the overall scheme. This is an area of danger for these companies. You see facebook trying to do the right thing and correct the situation. Clearly, the Senate Intelligence committee does not think twitter has done enough. They need to be more proactive. There has been separation between d. C. And the valley. Come important they together because if they cannot Work Together on this or encryption or law enforcement, we will see a real problem and we will see Congress Getting involved. I dont think it is good for the economy or innovation. Emily jamil jeffer, Kevin Whitelaw, thank you both for joining me. Obviously something we will continue to follow. Softbank is branching out from its roots. The Japanese Firm eyeing further acquisitions to potentially create a 300 billion Asset Management arm that would also million vision fund for tech investments. In february, the firm acquired Fortress Investment group and is considering additional investments in the Financial Sector. Coming up, hoteltonight expands its booking window from last minute to 100 days. C. E. O. Sam shank joins us for an exclusive conversation. This is bloomberg. Consortium capitals plans to take the Toshiba Memory unit public after the 18 billion acquisition of its business. People familiar with the matter say the precise timing of the appeal will depend on finances and Market Conditions and could change substantially. Hoteltonight is beefing up its competition with expedia. The Company Announced it is expanding its booking window to 100 days after hoteltonight closed a 37 million funding round to expand its international presence. An exclusive interview, sam shank, c. E. O. And cofounder of hoteltonight. Why the change . When we started, we saw the opportunity in mobile. We saw the world was going to move to mobile. But mobile was only 1 of all bookings. We focused on this inherently mobile problem of i need a hotel right now but you did not have your computer. We had a great Product Market fit, invented a new category, expanded into broader definition of lastminute. Now mobile is mainstream. Our customers are telling us they want to do all of their bookings on hoteltonight. Likewise, hotels said we love we, we love the ease of use, love the customers rescinding, and we want to do more. We responded to the needs of our customers. Emily i am excited. I have three kids. I cannot book lastminute. I see how it can reach a broader audience. Of the of this a result threat from other online , nonhotelon sites accommodations that are more popular . I do not think it is a response to a threat. This is an opportunity for us. Our business is very healthy. We are profitable. We decided we could expand and serve our customers better. There has not been much innovation from the big Online Travel agencies. Over the past 10 years, most of the focus on the product site has been on improving Conversion Rates and marketing efficiency. Not in serving the needs of their customers. That is a Good Opportunity for us. We have a ton of innovation. We are going to use that structural advantage to provide a Great Service for consumers. Agenciesme of the big have been active in m a and bought companies. Could you bring nonhotel properties onto hoteltonight . The word hotel now means roof over your head. We dont work with every hotel partner. We work with only the partners that provide the level of service we feel good about. We will even not work with a hotel if the review score is low. That is different from our competition. It makes it easier to use hoteltonight and gives you a better experience. For alternative accommodation, guesthouses, we want to work with places personally vetted and that we feel good about putting people in. Emily there has been speculation uber could be in interesting acquire for hoteltonight. Any possibility . I think dara is fantastic. Weve known each other for a long time in similar roles. What people do not realize is he was a banker first but is also a great product guy and gets product very well. He is the right guy to run uber. I cannot wait to see what he will do. Emily no plans to sell . There is a lot of m a happening. Your name comes up. I think it is a testament to what the team has done and the quality and value we provide to customers that our name does get mentioned. It is an honor that comes up. What i am focused on is what we can control providing innovation and building a Great Service. Emily why not participate in the m a . Why go it alone . We see these trends in the industry. What do you see as potential . For us, it is about building a great alternative in the legacy to Online Travel agencies. We are something different. We are born on mobile for the mobile era. It is a massive market that has not had a lot of innovation in a long time. We are excited to bring it. Emily what trends are you seeing in travel different from years past . One thing that is happening is people are going toward boutique or independent inventory which combines what is orat about a hotel stay Traditional Hotel chain with the consistency and security but also the uniqueness and quirkiness and unique orrytelling of a home stay shared guestroom. That is where we are concentrating. The big brands are spending money on building a particular into a. What will like is the great inventory independent hotels that tell a great story. Independent, any update on the ipo you have promised . I did not the guy promised it. But it is certainly a possibility for us. Anis flattering that is opportunity for us and speaks a lot to what the team has done. It is not something i think about everyday. I think about what we need to grow. If the companies in the right place and the market is in the right place, it is something we would consider. Emily you have new launch cities. You are expecting the 100day window to be available everywhere . Absolutely. Emily sam shank, thank you so much for stopping by. Coming up, it is another blow for bitcoin after south korea cracks down on cryptocurrencies. We will hear from jack lew on the bitcoin debate. This is bloomberg. Emily bitcoin at ethereum dropped after south korea banned domestic initial coin offerings. It is the second major blow to cryptocurrencies this month after china similarly banned ipos and later on cryptocurrency trading. Prosecutors in south korea be cryptor would claim traders in a pyramids game. Jack lew spoke to bloomberg and weighed in on cryptocurrencies. I spent a fair amount of time thinking about these Virtual Currencies and tried to keep my mind open to innovation and change. You think about innovation in the financial system. It comes through things that happen in a disruptive way. That is how you get checking accounts, credit cards. So i am reluctant to say new things are bad. I had some special concerns about Virtual Currencies, partially because of the secrecy factor. We worry about large cash transactions because large cash transactions can be used for bad purposes. You create something that makes it easy to do that and it has the same characteristics. We decided to treat the Virtual Currencies like currencies for the purpose of trying to keep track of them, but it is hard. I also worried it could be used as a means of storing value because when i made comparisons to to look prices tulip prices, it did cross my mind to say that at the time. I would not store my savings in something that unpredictable. I dont know how many unsophisticated investors are doing that. One of the things you have seen with these currencies, because of their anonymity and ease of movement, is in a country like china where people want to get their money out of the country, it has become an easy mechanism to do so. I think that is why youre seeing china clampdown on things like bitcoin. I end on this where i started. Bitcoin isogy behind now being appropriated by the mainstream Financial Sector to cause the kind of improvements in processing and safety that are going to be really good. As, should the same you store your wealth in bitcoin . I think you have to separate out the Technology Question from the application. Emily that was former u. S. Treasury secretary jack lew. Coming up, u. K. Prime minister theresa may goes against the ban to stop uber from operating in the capital. Can this help the c. E. O. Get a leg up in reversing the decision when he travels to london next week . This is bloomberg. So we need tablets installed. With the menu app ready to roll. In 12 weeks. Yeah. The world of fast food is being changed by faster networks. Data, applications, customer experience. Which is why comcast business delivers Consistent Network Performance and speed across all your locations. Fast connections everywhere. Thats how you outmaneuver. Mark i am Mark Crumpton in new york. You are watching bloomberg technology. U. S. Health and Human Services secretary tom price has resigned. A white house statement says President Trump accepted secretary prices resignation friday. His travel itinerary came under scrutiny after it emerged he frequently used military and charter planes. The tab is reportedly in excess of 1 million. President trump told reporters earlier friday the Obama Administration spent a lot of time in the air. But president obamas treasury secretary jack lew disputed that during an interview with bloomberg television. Government planes are provided when the mission requires it. I used them for International Travel and domestic travel. I would often on my way to asia give a speech on the west coast or stop on the east coast on the way back. I never used military aircraft for domestic travel. Mark there is word President Trump intends to designate Deputy Assistant Health Secretary don wright to replace price. In a statement today, price called it an honor and privilege to serve. The deadline is approaching for young immigrants who want to renew their paperwork under an save era program that them from deportation. People whose permits expire between now and march have until thursday to get renewals. To president is opening negotiating the deduction individuals take for state and local taxes. Gary cohn spoke to bloomberg. Point does at this not allow for deductions of state and local taxes. On thewilling to work other dials in the system. Ink the deduction is used high tax states like new york, new jersey, in california. Eliminating it would raise an estimated 1. 3 trillion that could be used to offset the plan proposed tax cuts. A 12th patient from a florida nursing home that last airconditioning in the aftermath of Hurricane Irma has died. The medical Examiners Office has confirmed the death of a 57yearold patient. A criminal investigation is underway following the deaths of patients at the Rehabilitation Center at hollywood hills. European Union Officials have ruled out mediating the clash between spains government and catalan over the upcoming referendum. Officials have asked the e. U. To mediate the standoff ahead of sundays planned vote. Global news 24 hours a day. I am Mark Crumpton in new york. Emily this is bloomberg technology. I am emily chang. Apple is facing a production snack on the highly anticipated iphone x. Amazon is stepping up its game with new offerings for the echo. Check out this chart in the bloomberg. Bullish one the most amazon and giving it the most bullish price target about the cap stocks big caps stocks. Amazon and apple hardware plans as well as other headlines grabbing our attention this week. I was at Amazon Headquarters for the first time in seattle. They announced so many new devices in the echo family, alexa products. The first is 130 little speakers. It is a little bit bigger than an apple watch. It gives you the weather, it is an alarm clock, the time, you can make phone calls, video calls. It is awesome. It seems it will be a hit. Emily how does it stand out from the echo and other home speakers . This is meant to be a Communications Device for your nightstand that doubles as a voice speaker. You can see pictures on the screen now. They have the new echo plus model at a discounted price of 150 and has a builtin smartphone hub to connect to things like lights, thermostat, and locks. Emily lets talk about apple and the iphone x production issues. What do we know . Is this going to delay phones . Is this going to mean people cannot get it . This is a nobrainer situation. It is completely obvious. Of course this is what is happening. Anytime apple announces a product and there is space of time between the announcement and release, there are clearly issues with production. This is obvious. There is no way apple would have announced the november 3 date if they were not confident they can get some units out to customers that day. Emily do you think a significant number of people that want it will not be getting it that day . Will supply constraints be more pronounced . Absolutely. If you do not order this by 12 00 go to on preorder night, you are not getting it november 3. Used to crash immediately at launch. It has not happened in the last few years. I think we will see a lot of people trying to order at the same time. Emily eric, now to uber. We know the transport for london has revoked ubers license in london. Prime minister theresa may has stood up for uber saying the ban is disproportionate. Tell us what happened. Uber is still operating in london as this is being repealed and reviewed. The labour party player and theresa may of the conservative party. We have Political Tension with uber in the middle. C. E. O. , Dara Khosrowshahi , is going to london to try to make peace. This is a top priority of his to make sure uber remains operational in one of its most important cities. It is a big deal for uber, but i think they grabbed the bull by the horns. When the Prime Minister comes out to support you, it seems you have some political supporters in the country. Emily we know Dara Khosrowshahi will be in london next week to try to work things out. Are you expecting Immediate Progress or agreement in short order . We will see. ,e struck a very contrite tone so maybe there are reforms they could make to signal a stronger change. From where i sit, it seems hard to believe uber ever shuts down in london. There are 3 million riders. People would be very upset even for a couple of days to go without uber if you depend on it. If your government is taking it away, i imagine that would be frustrating and a dangerous political move. Emily and thousands of drivers relying on it for income. Softbank has been working on a potential investment in uber for some time. Negotiations have become contentious. A lot of it has to do with how much power Travis Kalanick holds that the company. What is the latest . Governance has always been the central issue and the role of travis. Benchmark and other early investors have been demanding from softbank some assurance travis cannot come back as c. E. O. , cannot be the chairman of the board, or even chair of the subcommittee. Recently, softbank has indicated verbally they are willing to put some constraints on travis leadership. Writing orof that in where it will take place and in what form, that is being negotiated as the deal is coming together. Emily does travis have the power to veto that . Travis has three board seats out of 11. He has the actual control of the company is ambiguous and contentious. He does not totally control the board. Benchmark and its investors have a lot of power. This is a multiparty deal where there is a lot of leverage on every side trying to get it done to clean up governments governance. It is a complicated deal going on right now. Emily my conversation earlier with Eric Newcomer and mark gurman. Facebook is testing facial Recognition Technology. The feature will allow users locked out of their account to regain access. Facebook already uses facial Recognition Technology to give suggestions for tagging friends in photos. The applications for Ai Technology seem to be endless. Startups are applying this field to the job hunt. This weekend, we will bring you our best interviews from the week including ellen pao talking about her new book and what she sees as the Biggest Challenges combating gender equality inequality in tech. Tune in this weekend for the best of bloomberg tech. This is bloomberg. Emily the equifax board has theed a committee to review stock deal executives made days after the company was hacked in july according to a letter submitted by the companys outside lawyers. The three executives unloaded shares worth almost 1. 8 million. Equifax says its managers were unaware of the breach at the time of the sale. The field of Artificial Intelligence is disrupting an Industry Worth billions of dollars, connecting employers with job seekers. They search with more specificity. We are joined by the c. E. O. Ai shaking up recruiting . If you are an employer, you are looking for the right person for the role. If you are the individual, you want the best job. We will be able to do a must better job matching. The way amazon finds the next ihing for you to purchase, a will tell you increasingly what the next job is that you should take. Target. Acebook, g. E. , everyone says they are integrating ai into their platform. What makes you better than linkedin . We look for data wherever that may exist. We have indexed information. We have looked for things people might be doing online that lead you to believe they may have a certain skill set. Data isve the amount of exploding but unique technology that allows you to process that information and make it simple. That is what we are trying to achieve. Emily 75 startups are scrambling for a 100 million h. R. Assessment market. How do you stay ahead of the competition . We have an Incredible Team working on this problem. It is also focus. We obsess about how we help our customers find the best people. It is ultimately about roi. You need to know the software will help you make hires. We are obsessively focused on that. I think that is key to success. Emily i interviewed the c. E. O. Of microsoft recently spoke about ai. Theres a big debate about the dangers of ai. Elon musk saying we should be concerned about robots taking over the world. Take a listen to what he had to say to me. With any new technology, there is a lot of good that comes with it. We should grab hold of it and be clear eyed about unintended consequences. Emily i followed up with the question, robots could take over the world but hopefully not . He said yes, it is up to estimate sure they dont. There clearly are dystopian scenarios. We have all seen the terminator. We know this could end horribly. If anything happens, it would be a ways off in terms of the effect of technology society. We see ai helping people today. If you think about all the improvements in our lives happening behind the scenes , these are all powered by ai. I think there are rings to be concerned about in the future. In the present, ai is helping people live better lives. Where are you seeing employees gravitating towards or flee . Attracts roughly to the venture cycles. Three or four years ago, online commerce was a huge cycle. Now you have seen that fall out of favor. And lyft areer doing incredibly well. They are still some of the Fastestgrowing Companies in the history of the world. You see these companies posting numbers that are mindboggling. Many people are trying to get in with those companies because they recognize these companies will be much bigger than they are today. We track the companies doing the most hiring and the people in the most demand at those companies and how we provide a bridge between those two. Emily who are the people in most demand . What skills . If you have ai skills, science and machine learning, that is key to success. Continues, designers, any technology skills. But also people in industries becoming more technical. Marketing is becoming more of a technical skill set. If you have technical marketing skills, you are in more demand than you have ever been. Emily it has been a couple of years since microsoft bought linkedin. A year or so. Has anything changed when it comes to the Competitive Landscape with linkedin under the microsoft umbrella . We try to focus mostly on what we do. From our perspective, there is uncertainty in the market. Whenever you have acquisitions and consolidation, everyone is wondering what is next. Linkedin has been bought. Monster has been bought. Career builder has been bought. A lot of companies are no longer standalone entities. It creates confusion and people start looking at other companies they should be working with. Helpingkeep growing and our customers. We will launch a new product on monday in the world of ai and recruiting. We are excited. It is fun to be at the forefront of change. Emily great to have you back on the show. Coming up, elon musks next big idea. This time, he wants to make traveling across the world something you could do while watching just one episode of game of thrones. That is next. This is bloomberg. Emily amazon is looking overseas for even more office space. It is searching for office space in dublin, ireland, that could hold 800 employees. The space could be as large as 80,000 square feet. Last year, amazon said it would bring another 500 jobs to to the more than 1400 in dublin. Elon musk has a new vision. He wants to get you anywhere on earth in just under one hour. Take a listen. The great thing about going to space is there is no friction. When you are out of the atmosphere, it will be smooth as silk. No turbulence. There is no atmosphere. You can get to most longdistance places in half an hour. If we are building this to go to the moon and mars, why not go to other places on earth as well . Emily the spacex founder told the crowd in australia he is planning to build a new rocket ship that can theoretically take you from new york to shanghai in about 30 minutes. Sounds expensive, right . Not according to musk who told his followers and instagram the cost would be about the same seat. As a full flight hes talked about flights to mars before. What makes this different . This is sort of mars 2. 0. He gave the mars speech last year and will hartford this is his second speech. He sort of shelved the plans to create the red dragon that was supposed to go to mars next year. Now they are building a new rocket that can do everything. It can go to the moon and mars. It will take you from new york to shanghai and half an hour. Spacex is putting all its r d into putting developing this new rocket. Emily this is his first shot at the commercial Airline Industry . I dont think anybody saw that coming. We were expecting to hear more about the timeline and how they would fund it. He is going to find it by flying you across the world faster than jet travel. According to him, it will be a smooth as silk experience because you will go out of the earths atmosphere and come back. Emily this is not just for travel between planets. This is between cities. Yes. Emily how realistic is this . What is interesting about elon is plenty of people will say this is ridiculous, this will never happen. At the same time, people said the same thing about creating a rocket that was reusable and spacex has done that. He often misses his ambitious s, but he often does what he sets out to do. I think people are excited about the possibility. Emily talk about the timeline. What is it and what is the realistic timeline . He is saying the thing about getting to mars is it is very far away from her and you have to go there when earth and mars are close together in terms of orbit. The earliest we can send an Exploratory Mission to mars is 2022. The earliest we could send people to mars is 2024. Presumably, this earth thing will happen earlier but he was not clear on the timing. Emily we have been talking about vcbacked space ventures. There are other companies. Are any of them trying to do something similar . Not that we have heard of. Competition has been in the launch space competing for contracts to launch commercial satellites. This is the first we have heard spacex talking about flying human passengers on earth. Emily how does this fit into elons overall vision of the future of transportation . I think it is interesting how they all fit together. My sense is if you live in the or anywhere trying to get from city to city, you would use the hyperloop. But if you want to get from new york to shanghai, you might need to take this rocketship instead. What is interesting is he spoke in australia were many of the people had flown 15 hours to get there. When he unveiled this at the end of the presentation, he got rousing applause. People are interested in being able to get places faster. On hyperloop, he said he was not going to be involved. Now he is going to be more involved. There is tunneling. Sarah mcbride has done a great job of that. It sounds like they are all part of the same brand vision of making transportation easier. How they all fit together, i am not entirely clear. It sounds like they are talking to cities. It is difficult to get all the different permits to do this. Emily we will be watching for more tweets from elon over the weekend. A hull, thank you so much. We will be speaking with the oracle c. E. O. From the world conference. We are Live Streaming on twitter. That is all for now. This is bloomberg. So new touch screens. And biometrics. In 574 branches. All done by. Yesterday. Banks arent just undergoing a face lift. Theyre undergoing a transformation. A data fueled, security driven shift in applications and customer experience. Which is why comcast business delivers Consistent Network Performance and speed across all your locations. Hello, mr. Deets. Every Branch Running like headquarters. Thats how you outmaneuver. Announcer from our studios in new york city, this is charlie rose. Charlie tensions continue to escalate this week between President Trump and his counterparts in north korea and iran. In his first speech before the General Assembly last week, President Trump threatened to destroy north korea and called iran a rogue nation. President trump the United States has great strength and patience. But if it is forced to defend itself or its allies, we will have no choice but to totally destroy north korea. Rocket man is on a Suicide Mission for