Shares of the company that makes the ebola drug down sharply. Airlinesrs are hitting docs particularly hard. Is longerrs say that dollar poses risks. The stronger dollar poses risks. They pledge to keep the Interest Rate low. Read major indexes posting nearly 2 gains today. Three major indexes posting nearly 2 gains today. The company has named lisa sue as ceo. Morewere trying to get sales in markets like game as well as industrial and medical equipment companies. Elevation partners is not going to raise new funds. Letter to shareholders they say they will focus on investing their own money insteada private fund the company is expected to s. Veal two new ipad this comes a month after the release of the new iphone. Will these eat into tablet theyll even further . Sales even further. You have studies of consumers and what they want. What are they saying about tablets . What they are not as interest interested in ipad. 66 said they were interested in getting in ipad in the next year. Timely,the event is that apple needs to get a little bit of a spark. They saw Interest Rates go from 10 to 15 . I wonder if they look at the lab. It is an intriguing device. They are doing this for the holiday season. Hope they are going to keep that momentum going. Updatere is concern iphone takes demand from a mini. Phone many we have noticed was interest in the iphone. Percent is for the iphone 6 was. 6 . S iphone they are still saying november for me. To the company to use my considerable poll to try to get a faster phone. Across it is happening the board . It is happening across the board. Tabletint a 13 inch could change the dynamic. Is going to get cannibalized by the iphone 6 . They could add some excitement to the high end of the line. Chance of the giant ipad. What do you think is the likelihood we will see a bigger ipad . Fivehour sources are saying they think this is owing to hit next year. Hit a deer. We are going to cvs next week. These next week. The growth rate comes off this. The last two quarters are down. They need potentially a gold urchin of the ipad version of the ipad. They are trying to be even better than before. Mary beaker does a wonderful trend report. One trend that jumped out was the growth rate. It is growing a lot higher. We see this with the tablet. There was rapid growth, but it lso rapidly slowed down. I think the innovation round has flown. Slowed. Modest impactad a on peoples lives. That gets back to the innovation question. There could the modest new features. It could open up other modifications. This relationship apple has with ibm, people are not focused on that as much. That could yield new use that could wreak salary growth rates. Are readyve said they pretty stoked. That gives them a way to put their app in a new place. Tv is speculation of another product. In the indication any indication it moves closer . There its a change there is a change of lineup. We are looking for other product s. It is interesting to see so many companies. Tim hagan, thank you very much. We appreciate it. How these top a wave of cyber crimes that banksa lot of angst and stores . The rash of cyber crime. I am cory johnson. Justice agrees on fulfillment. Suggesting the screenings help amazon with inventory control. Debatedstice roberts whether they are work. Other companies are battling similar cases. The former nsa director keith theander joined us at today. Fair summit they talked about hacking jpmorgan systems. Emily started by asking how secure the financials actor really is. The Financial Sector does the most to protect cyber than anything else. There Cyber Security is the best. What you hit on is a key problem we see in technology. Look at the rate take elegy is technology isg advancing. Technology is that dancing at a rate doubling every two years. Advancing at a rate doubling every two years. That means where all of our intellectual property and government secrets are stored, protecting them is becoming more difficult. You race to key points. One, the Tech Community you wo key points. They have to come together to provide other options. Individuals or industries . Both. Today we have points solutions. Integrated dilution. Solutions we are giving all kinds of different capabilities, and they have to integrated together. Integratedeed as an defense. Anyone wouldink disagree. Show us how that would happen. We wake up tomorrow, and they have our names and phones and. Ddresses what is the plan . The way i would approach it. You are asking a plan that goes across industries. It is easier to exploit than it is to defend. What do you need to do . All the different components of the network are individual and not integrated together. The first day and we need is integrated defense. Companies provide that way. That is one thing we need to move to. You need to go to behavioral model. Second and you need to do. What does that mean . Thats behavioral models are without a signature. Imagine if you do everything right and based till get in. They still get in. It is a stone signatures they know. No ed on signatures a they know. The ability to detect it has to go from signatures that no what they look like two behaviors. I. Hink behavioral models you have got to have a way for within a network and among networks at network speed. Buildings as networks. You have all different points of access. You would want all of these brought to the same security ifter at the same time. Someone is rattling the door you would want to. The ability to share information is area important. Very important. What makes your tech elegy special . Technologies vessel . I i think it is just a model talked about. People talking about integrating their defense. Is talking about it. We are bringing special talent. It would take or than one company to do this. You are going to have them working as a team. Getting is the problem of the guys who can least afford to do it. You have to come up with an integrated defense. If i were to put one thing on the table we have got to get Cyber Capabilities working together. If the kindsu say of companies you are developing is unethical . Eople are concerned it has nothing to do with personal communications. We can prove what you are looking at is not communications theours. What we want is packet of information what is it trying to do. I hacker is going to jump on your information and put malware that will cause that information in that of going to emily, it a server payload into or goes to the firewall. Former director of the nsa. I will be back with more after this. Welcome back. Apple recently jumped into the world of wearable devices. Introduced a new version of its app. Earlier today stephanie said down with the ceo here in San Francisco. Why theyed by asking are on board with their competitor, apple. We launched many characters with them. We like with a are doing with health care. Use the app without having to wear these. We think it is a way for people to start out if they dont know if they want the. Evice you can sleep that well with a phone in your bed. People dont want it on their pillow. We think it is additive. It is a way to find a solution that is right for them. What do you think of the apple watch . We havent seen it, but we know is thatlooks right. Going to catch on . It is totally different. We have two weeks of data relies. Battery life. You forget it. They are doing stuff in that price point. I wonder who is going to wear it. I dont wear this on my wrist, right . Do you want to wear it . I dont want to wear it, but i didnt think i was going to wear a device that tracks mice tracks my steps. I think once we get these watches we might be saying some inc. Different. Something different. We are growing our business. How . Investing in technology you have been doing that for a decade. Are wearables the future for you . It is where we are spending a lot of time. There is a way this comes together. Have smartn you connectedd devices devices. We were there before it was cool we learned aables. Lot for different applications. The way we think of the world, when you understand what is happening with the user, you have got something on 24 7. It knows me. It should power smart, intelligent tough in the world, whether your car or any other wings. My car should know whether i am falling asleep or tired. My thermostat should know whether i am hot or cold. It should know i am in a bad mood and play the right songs. I see it coming together. If you see everyone connected, does that mean you see yourself as more powerful if you are part of a bigger company. Does jawbone need to be part of a bigger organization that is heart of the internet scene . We are doing great. Think they said the i think they said that, too. They were all doing well. We are trying to build a great company. We are looking at the best way to do that. A wrist and is one thing. Arch its going to be embedded its goings are to be embedded in our clothes . Exodus like fashion. You wear a different dress in the daytime versus at night. It will be embedded in deeper ways. Deal. T was the jawbone shane smith vice media has attract did advise from attracted advice from heavyweight like rupert murdoch. Will that hit the mainstream . We will examine. We focus on technology and the future of business. Attracted business from rupert murdoch. Propelledcompany has themselves to a lot more. Said down with the vice ceo. They started asking about the evolution of vice. Buzz feed has done a jobendous rob online online. We are going towards being cnn of global news. Are you . True news. Do you not learned the line . Not on vice. It is straight news. It is growing asked eventually. As a former ceo of mtv networks, what did you see . Lets hope. Hope. I liked their style. To getd a good vision into media when no one else was doing that. Websites about food and music and all types of other things. Back to the lines get blurred . Do the lines get lurd . What it is for us is the most popular thing we have online is our news platform. We just won the emmy for news. We actually dont put advertising next to it for that reason. On the other things we make a lot of money. You said you are going to launch a 24hour news network. Cnn s this dan. From stand out from cnn . We already have a global flood rent. To global plan. We already put the infrastructure in. We are pretty excited. Were you drawn together because you have a love for the age . You travel to the underdeveloped parts of the world. Is it really a merger of your taste . Right that is what attracted me, this in of and venture sense of an insurer. Of adventure. But the first thing we did was a guide to travel. We were like, that was amazing. Tom said, we should be doing as things develop we said we should be doing more of this around the world. When go pro says they should the in the content business, it kind of sounds like what they want to do. The more the merrier we produced wings. Everything we do, but i think there is a place for go pro. Is a place for them. What other Game Changers who used the . Do you see . These digital things the hall move from Analog Television to video. Audio and tv and online. Netflix has been like a gateway drug for a lot of people. I think it is going to be easier to see what a want. A lot of companies are going to come up with a new platform space. Writes that makes me think of word association. When you think of network tv, what do you think . Movie. I like to watch. At work tv, what does that mean for you . Thee started online. It is third green for us. There is a lot of money and a lot of audience. What about apple and the potential to do something innovative in tv. Can they . Really able to integrate online, broadcast, and into one place. Apple would be an Obvious Company to want to do that. They have a lot of money. They are a natural to buy one of the major networks. It. Why . Done a shotve across the Music Industry with you to an showing there is going to be a different model. U2 and showing there is going to be a different model. ,e also have direct consumer which is a big thing going forward. Going to beff is big. Apple is the only company set up to do that. Back the vice cofounder shane smith. How are Tech Companies affect and education in their own backyard . You can watch a streaming on your tablet. Bloomberg. Com. I am cory johnson, and this is bloomberg west. Are based inames the bay area. What role our economic giant playing in the cities they call home . We sat down with the San Francisco mayor at the vanity new establishment summit. We started by asking about the growth of new tech elegy in the city of San Francisco. In the city of San Francisco. We have over 2000 Tech Companies employing 56,000 people. Innovation is about solving problems in a collaborative way, getting creative in the way we approach everything from Climate Change to business to the challenges of success and working very hard on managing success. Were able to cut unemployment literally in half. The hard wayearned is not to settle on success so quickly. We are able to create a lot of s in the city. We cut unemployment in half. That means there are a lot of other challenges. People want to live here. They want to work here. Make sure it is affordable to people. Their talent is saying, do you want us to stay . You have to work on the neighborhood being strong. You have to work on public safety. How about that homeless. Hallenge they work on all of that. Housing prices are going up. People are getting a big did. Convicted getting evicted. Afford toe cannot live here but want to. We need to have answers for people. I dont want restaurant to have fear. I want them to take a look at how they can connect to success and advise me on what i can do to link them to success. The ceos making a huge amount of money. Keep restaurants, teachers, workingclass families in the city . Sure buildingke more houses have to be aggressive. We have got shipyards. We have visitation valley, treasure island. These represent 15,000 new units of housing we are investing in building. What is the timing . People are protesting today. 30,000 new units of housing between now and 2020. We already have 15,000 figured out. We are moving aggressively. Isare making sure one word permanently affordable to low income people. Union have the teamsters complaining they are treated like service. How do you balance the people who want to live here but cannot. Are other companies doing the same inc. . . Thing but that is what mark has we have 1000 of the 2185 Tech Companies have ended together to circle all of our public schools. They are never going to have a situation where a teacher or a principal says come i dont have enough money. Realizedh companies their future talent is graduating from public schools. They are investing in our public i have got him investing in housing. All thear these names time when it comes to philanthropy. Are you getting phone calls from a lot of the ball we dont hear about who want to give back . That a lot of about whodont hear want to give back. They may not have the level. They are having their employees serve meals across the street. They are opening up the office space, utilizing the great spaces. Created over and over again. The new ceos are really exhibiting their passion by theying these allegations. Are asking what is the latest issue we can feel comfortable with. Education housing homelessness. We believe in. S i want to help create that link. I can reduce that fear. Get them to meet the ceos that want to do good work. Airbnb is finally legal here in San Francisco but with a catch. You can always stream on your tablet, on your phone, or at bloomberg. Com. Welcome back. The San Francisco board of supervisors passed the airbnb legalizes in this city. The new law comes with several restrictions, including who can rent out their home and how often they can do it. San francisco figured out what . They figured out a cannot stop it. They are somewhat legal. But the current law says you cannot rent out your place for shortterm . Notlowed. Allowed. Now you can. Itbnb somehow communicated as, we are helping people make extra money off of extra space in their homes. They can make money on their ok. While they are away. This makes it only possible for youanent resident to do it. Cannot own several properties and rent them out and make a ton of money, which a lot of people do. You have to register with the. Overnment and have insurance i heard some of the board of supervisors were really incensed by this. The burden is not on them at all. Of the usersburden to make sure they follow the law. And on the sentences go government to make sure they make sure people are registered and to catch when people are not following it. That there is no list . A, give us a on airbnb. En is i have a friend who takes off. Standpoint,planning a lot of hard cities made choices. ,hey want to have the workers the artist and have mixed economic interest. Everything is going to the top dollar. You dont get the benefits Affordable Housing allows. It is what type of city do you. Nd up with i have had the ball driving around the city, and that is not attainable. Airbnb has any more battles dont goorld. Anywhere because you are going to give us one number that means a lot. What have you got . The number is one. Reach for howhe closed face book can get to have local targeting. People, and they can say business a target people is an a mile. This permanent fear. They will show up. I think one mile is ready as ashleyretty broad, in an urban environment. They have restrictions. Gps . It about are. L tell you where you that is what faith that is using. They can only target the location. It will still take a while to get more specific. If you feel really creep out you can turn it this is the holy grail of local now facebook is there in a more local way. They are trying to make this work for small businesses. Now they are trying to make it relative to them. Dry cleaner is going to know when i am in the neighborhood. More bloomberg west tomorrow