Powered by 2600 journalists and analysts in 120 countries. I am taylor riggs. This is bloomberg. Bloomberg west is next. Emily im emily chang, and this is bloomberg west. Vladimir putin projects accusations his government hacked the Democratic Party, but suggest whoever did it give the public a favor. Our exclusive interview with the president of russia. Baidus vision of the future includes robot taxis and digital personal assistance in every home. Our chief executive interview this hour. And, we break down samsungs major global recall. First to our lede. Russian president Vladimir Putin said the hacking of thousands of Democratic National committee emails and documents was a public service, but denied his government had anything to do with it. U. S. Officials say otherwise. Has high hackers confidence that hackers guided by the russian government breached dnc servers. Wikileaks went on to publish 20,000 of those private emails on the eve of Hillary Clintons nomination, causing the head of the dnc to resign. To wonders leads many whether russia is trying to underhandedly influence the outcome of the u. S. President ial election. Our bloomberg editor in chief John Micklethwait sat down for an exclusive interview with Vladimir Putin in eastern russia ahead of the g20 summit, and asked putin what he knew about his governments alleged involvement in these highprofile hacks. I do not know anything about that. You know how many hackers there are today. They can leave their mark at the necessary time and place, or even camouflage themselves as hackers from other countries. It is an extremely thing to check extreme difficult thing to check, if not impossible to check. Russia did not do this, at the state level. Important . Lly hacked even matter, who the Campaign Headquarters of mrs. Clinton . Is what wast thing given to the public. There should be discussions about this. Is no need to discuss the search for who did it. Again, it to tell you dont know anything about this, and at the state level, russia did not know anything about it. Not even imagine it. Since the campaign worked in the interest of one of than alligns, rather of the Democratic Party candidates. So from this point of view, we could not have penetrated it. Understand, to do that you need to have your finger on the pulse. The specifics of political life in the u. S. John do you not think this is a time when everyone should come clean about this . Russia tries to hack america, america tries to hack russia, china tries to hack america, everybody tries to hack each other. And one of the purposes of the g20 is to come up with a new set of rules, so this can become a more orderly version of foreign policy, when everybodys doing it, allegedly . Vladimir putin i think it would be better for the g20 not to get involved. There are other arenas for this. The g20 was formed to discuss issues mainly concerning the global economy. Fact,rse, that is a clear but if we have squabbles over issues, wery serious will overwhelm the g20s agenda, and instead of working on issues of structural changes to the economy, taxation, and so on, we will endlessly argue about other serious world problems, and there are plenty. It is better to find other s. Nues and other forum the un security council, for example. Emily that was russian president Vladimir Putin, telling bloomberg editor in chief John Micklethwait that it is impossible to know who is ultimately behind the dnc act,. But a probe by crowdstrike traced the have to two groups that it says are russian intelligence services. Ceo whatcrowdstrikes makes him so sure. Given what we have been able to track over the years, we can associate what we saw on their network with russian actors. Looking at the tools they used, the motivation, the tactics, the techniques, they all point to known groups that have been associated with the russian government. Emily our Cyber Security reporter mike riley has been covering the dnc hack and others for us in washington. Mike, onup to speed, the latest official line from the u. S. Government on this hack. Mike the u. S. Government has not publicly pointed the finger at russia. Keep in mind, that happens rarely. It happened in the case of sony, when they pointed the finger at north korea. We have some cases where the attice department pointed hacking by china. They dont public we do this often. But what has happened, there has been, layers of leaks to the press from the Intelligence Community, the fbi, all saying that the evidence we have looked at so far points to this being not just russian actors, but a state russian operation. On top of that, as we saw in the previous segment, the dnc hired a private Security Firm that is really good at that, who went in and made an attribution to two different russian groups that are associated with the intelligence agencies, and then they got a Second Opinion from two margaret other forensic two other forensics firms who found the same thing. At this point, a lot of people would say, the preponderance of the evidence certainly suggests this was a state operation by russia. Emily obviously, you have reported that not only have these dnc hacks been linked to russia, but other hacks can be linked back to russia, indicating a broader political agenda. What would it take to definitively prove that russia is indeed behind this . Mike well, definitive proof is really tough. Even the Intelligence Community does not talk in terms of definitive proof. They talk in terms of low, medium, and high confidence. They gave a briefing to the white house saying they have high confidence this is russian officials. Thats about as good as they will get. Putin made a really good point in the interview, which is that hackers are very good, especially at the state level, of making themselves look like something else. One thing that happened recently, we saw a leak of an essay attack codes, and in there were hardcoded ips for a chinese company. The nsa apparently all the time tried to make its hackers look like chinese hackers. It is really hard to get something definitive. But this is like a crime scene, a forensics event where you collect lots of layers of evidence, and effectively what they have done is said that, based on the evidence we have got, this looks like a russian state operation. Emily you have now even the president of russia denying that russia had anything to do with this. What can the u. S. Actually do about this, at this point . Mike thats really the question for u. S. Policymakers. If in fact russia is trying to influence the u. S. Election process, even if they are just tried to make it very messy, if they dont have a candidate in mind they want to win, but they just want to blow it up, thats a really big deal. You cross kind of the red line that is very new, because you have another country trying to influence who will be the next president of the united states. So far, we have not seen what the u. S. Governments response will be. There has been speculation that the ongoing fbi investigation may at some point come to a point where the u. S. Government makes an official attribution. But if they do that, they have to answer the next question after that. Ok, if we think its russia, and we are going to publicly say so, what are we going to do . Theres all sorts of questions about escalation. You know, russia is already under sink in sanctions, financial sanctions from the west significant sanctions, financial sanctions from the west. Would you strike back in the cyber space . Could this escalate to a level where it increases tensions and leads to a different kind of conflict . Those that have questions for the u. S. On the table right now. As far as we know, they have not come to any answers yet. Emily michael reilly, Bloomberg NewsCyber Security reported in washington. We will continue to follow the story. Thank you so much. More of our exclusive interview with russian president Vladimir Putin in a special report on monday, 12 00 p. M. New york time, 5 00 p. M. In london. Staying on the topic, fireeye kong companies were attacked last month. They found evidence of at least three attacks in the week leading up to sundays legislative election. The group used socalled spearfishing to send emails with malicious links as attachments. Says it isfireeye not possible to determine whether they are linked to the Chinese Government. Coming up, Sensory Issues a recall after reports of some phones exploding samsung issues a recall after reports of some phones exploding. How this impacts the bottom line. Emily a major setback for samsung. The Company Announced a global recall of largescreen galaxy note 7 smartphones the day before rival apple gets ready to announce its new phone. The problem, faulty batteries that can catch fire. Theung will replace approximately 2. 5 Million Units consumers already have. This is obviously a devastating and farreaching recall. How serious is this for samsung . You never want to hear about phones catching fire, do you . Regardless of the size of it, which some analysts are saying is reducing estimates of the phone from 14 million to 12 million, this is a huge blow to samsungs reputation. Until this, things were going well for them. Reviews had rate rave reviews. They were able to maintain work it should despite a global slowdown. And now there is this it is really irritating consumers and will not be helping their reputation. Emily are other samsung devices at risk . Do we know what the problem is with the battery in this particular situation . There are those Horror Stories about hoverboards catching fire, and i wonder if this goes beyond this. Selina samsung has responded quickly, but they have not been detailed about what the problem is. All they said is that it is a battery cell issue. They have not been more expensive than that. Samsung has a friday of battery suppliers a variety of battery suppliers. Right now, customers dont even know, is my device ok, should i keep on using it . Is not clear how they should proceed with this. Wang in new york, thank you so much. Not great timing for samsung. While samsung does damage control, apple prepares to release new devices next week. The are settingt they are setting the tone for the Holiday Quarter with refreshed devices and software. Mark has breaking news about what is coming up. What are the latest details, and what do we know about what will be unveiled . How excited are people . Mark this is an exciting time for apple, their september event the biggest of the year. They will talk about new versions of the iphone and the apple watch. We expect the camera to be focus of the iphone upgrade, and the apple watch will get fitness and Health Tracking updates. Emily what is the consensus update about how much this will improve sales ahead of the Holiday Quarter . Mark this iphone model will not look much different than the iphone 6s and 6 from the last few years, so a lot of people might not want to just upgrade to the 7 given the lack of big design changes. But we have to think also about all the people using iphone 5s and older. Arethe twoyear contracts beginning to expire for people with older models, so we will probably see a big stream of upgrades because of that. Emily what about the watch . We are expecting a new watch, but not a big design change. Is it going to be enough to get people to start buying it . Mark it might be. I dont think gps alone is going to really get people who only current generation to upgrade. But a lot of people with fitbits or the nike fuelband, for users who really like fitness trackers with gps and other dedicated features might be spurred to upgrade because of the more accurate tracking the new model will include. Emily what wont we see . Mark what we wont see our bigger devices. This event onset temper seventh will focus on the mobile stuff, the watch and the phone and the ios operating system and the watch operating system, but in october we will see apples bigger in terms of size products being talked about. Laptops and desktops. The new macbook pro with the function row, a macbook air with 5k monitor, big later in the fall. Emily how about next year, if we are not seeing big design changes . Are they saving that for next year . Mark 2017 could be a very significant year for apple in terms of design changes. We are due for an iphone overhaul. 2017 is the 10 year anniversary, and it seems they are trying to save something extra special for the decade anniversary, so we will see a big design overhaul than. We already reported that next years phone will lose the bezels around the display, meaning the phone will be smaller overall, even though it will either come with a bigger screen or retain the same large screen size now. It will not have a physical home button. I think that will be a real big change, and a lot of investors and consumers alike are going to be very happy with that. Emily looking forward to the unveiling. Mark gurman, our Consumer Tech reporter, thank you so much for bringing us all the news before the news happens. Be sure to tune in to convert tv and Bloomberg Radio on wednesday for live coverage of the apple event. And staying with apple, after a few decades of willie, wont say they,l paythey, wont regulators ordered ireland to recoup 14 billion from apple, saying the government illegally cut their tax bill giving them an unfair advantage. Prime minister enda kenny struggled to convince lawmakers they should support an appeal. It would have been really hard for elon musk to have a worse week. New filings reveal just how cashstrapped his companies are, and he had have been really hard for elon musk to have a worse week. A rocket blew up in front of the entire world, disappointing mark zuckerberg. But there is a silver lining. We will explain. New electricity according to baidus ceo. We will bring you the interview later this hour. This is bloomberg. Emily elon musk had a really bad week. 9is thursday a Spacex Falcon rocket blew up on the launchpad, marking their second loss of a spacecraft in just over a year. A person familiar with the matter said spacex did not buy an insurance policy for the rocket. It was carrying a satellite that facebook was planning to use to beam internet across africa. The satellite was backed by an insurance policy worth 3 million. A predatory filing into the proposed so the city merger shows solarcity shows how fast they are burning through cash. Upalso shows that must put his personal stock in the company as collateral, so when both companies tanked this week, he lost to 779 million on paper. Mightilining burn through billions. Edify columnist gadfly columnist says that the worlds biggest automaker should be scared of the electric carmaker. Check it out. Tesla. It burns cash, trashes sales targets, and wants to buy a sister company, solarcity, that does more of the same. Big oil should be terrified. Why . Capital. Investors are pouring it into tesla, as they ask for it back from the likes of exxon. Still rake in mindboggling amounts of cash despite the oil experts estimate they need to invest 1 trillion every year to meet future demand. Initiate in theory, investor should want big oil to be big spenders, but investors want money back in dividends rather than having it plowed into the ground. So big oil is doing that and spending is heading down, not up. Tesla gets a free pass. Despite negative cash flow, investors want them to keep spending. Elon musk is talking of spending tens of billions dollars more on ever more ambitious products. The stock didnt really notice after investors stopped. Orecasting profit for tesla every time they have sold new shares in the last five years, buyers stepped up. There is another analogy, shale drilling. Despite a slew of the grip seize, many smaller slew of bankruptcies, many Smaller Companies have succeeded. Even if more companies go bust, others will pick up where they left off. Enough investors believe that electric vehicles and shale drilling promise growth and want to fund it. The oil majors just cant say the same. Emily our bloomberg gadfly columnist liam denning. We are getting breaking news about an email sent to tesla employees by elon musk a couple days ago, urging them to cut costs and deliver every car we possibly can. He said the simple reality is, they will be in a much better position to convince investors to bet on them if the headline and my favorite line, it would be awesome to s ucceed in the face of naysayers. Rom elon muskming from elon musk after a tough week. Coming up, baidus ceo shares his vision of the future, complete with Driverless Cars and digital personal assistant s. This is bloomberg. Taylor i am taylor riggs. Assia wants a compromise in dispute with japan that stretches back over 70 years. At the end of world war ii, the soviet union occupied four small japanese islands. In an exclusive interview with bloomberg editor in chief John Micklethwait, president Vladimir Putin said resolving the conflict should be part of developing a longterm relationship. We putin several years ago, discussed this topic, and we met him halfway. So in the past couple years, led by initiative from the japanese our partners are showing willingness to return to this topic. We are talking not about an exchange, but finding a solution where neither of the parties would loose. Wieeighedesident putin in on the american president ial candidates. With all the shock tactics of not only one, but the other candidate, they are going the wrong way. People. Very smart understand they need to get people to listen to them. Miss our special report on monday at 12 00 p. M. Eastern spain is moving closer to its third election. Parliament rejected acting Prime MinisterMariano Rajoys bid to form a minority government and end the countrys eightmonth long political deadlock. They have until october to create a new government or elections will be called, possibly on christmas day. The World Health Organization warns that zika remains an International Health emergency that continues to infect new countries. Has to date zika infected 72 countries and territories. Young hispanics, asianamericans, and after americans are more likely to anust Hillary Clinton dathen trump on immigration issues, according to a new poll. 26 said clinton would do a better job handling the border, and 18 said neither would. Global news 24 hours a day in more than 120 countries. I am taylor riggs. This is bloomberg. Emily this is the request. Baidu is outlining plans to stake out a spot in the rapidly expanding field of artificial intelligence. The smallest of chinas big three internet giants is planning a partnership with nvidia to develop autonomous cars, taxis, and a device and later the amazon echo. Shery ahn spoke to ceo robin li this week. Robin yesterday we introduced the baidu brain to the general public, the main theme of the baidu world event. Ai is very important. I think the next episode for the internet is ai. We started from pcbased internet, which has lasted for 10 or 15 years. Over the next, over the last four to five years, it is pretty much mobile. Passing. Obile is also everyone has a smartphone now. The next growth driver for internet will be ai, and baidu brain is the core of the baidu Ai Technology. We are coming to promote the next stage of growth. Shery Autonomous Vehicles are very popular, and you just received approval from california to test drive them on roads. What can baidu provide for the car market, compared to apple and google . Robin i think we have a number of advantages. We have been doing mapping for over a decade. Autonomous driving is heavily reliant on highdefinition maps, and we have the best technology for that. More so, the Chinese Government is also, the Chinese Government is very friendly to self driving cars. Terms. Ve us favorable for example, they would have a controlled area for us to Test Software and cars. We self driving cars. We have invested in Ai Technology for the last five to six years, and selfevident cars are heavily reliant on Image Recognition and computer vision. We are at the very front of this kind of technology in our cars, making progress almost every day. As you mentioned, we now have a permit on california roads. Shery i have to touch on the Chinese Government, because you have seen increased scrutiny there. When will he challenge is on that end . Robin it is kind of normal, for Something Like us. We provide Search Services for hundreds of millions of users every day. Sometimes there are just areas that we didnt Pay Attention to, where there are bad apples. We need to clean that up. The users areard, very dependent on our service. Right now, most queries are in text format, but Going Forward more and more people will use voice, use images to search. The accuracytion, is very high, and that is one of the basic airelated technologies. We are also at the forefront of that. Ai technology be able to make up for some of the downside you have seen in your search interest business . Robin yes. Probably five years down the road, 50 of queries will be in the form of voice and images. So people can express your needs in a more natural way. Right now, people think typing is the natural way to talk to a computer. But its actually not. The next generation has already gotten used to touchscreens, but talking is even more natural than using your fingertips. We have technology for that, and we think people will use our service more. Shery how can this kind of innovation drive chinas growth Going Forward . Robin the Chinese Government prematurely thought internet to fuel the growth of the next age for the chinese economy. They call it the new normal, and they are using the socalled Internet Plus to drive the economys growth. But internet itself needs a growth driver, too, and we think that is ai, so we have been heavily investing in Ai Technology, and that will open up a lot of new possibilities in the car industry, in the health care industry, in manufacturing, in lots of industries, and china will benefit from that. Ceo robin li, speaking with shery ahn. Didi s deal with ubers deal with didi in china. If approved, the deal will create a 35 billion giant that will dominate the chinese car hailing market. The antitrust watchdog is unlikely to stop the merger. Didi claimed they did not have to file for approval because the deal did not meet the financial threshold. This weekend, we meet bring you all our best interviews of the week. The best of bloomberg west is saturday on the television. Coming up, one social network is trying to put an end to racial profiling and abuse. Nextdoors ceo joins us to talk about product tweaks going beyond what any social network has done before. This is bloomberg. Emily now to a stock we are watching. Shares of rocket internet fell the most in four months after the Company Announced it lost nearly 690 million in the first half of the year, mostly due to losses in its apparel ecommerce business, Global Fashion groups. The company has seen its share price slide 30 over the last year as investors lose patience with the slow pipeline to take its units public. Turning now to a serious issue on nearly every social platform, racial profiling. With online abuse between more prevalent, companies are scrimping to adjust policies. The private social network for neighborhoods, nextdoor, is the latest to make that a change. The companys cofounder and ceo nirav tolia joins me in the studio to talk about how the company is taking the issue seriously. You say these changes go farther than any social network has gone before. Explain the changes you have made. Nirav we had entirely recreated the post form that users use when they share Safety Information in their neighborhood. Im not sure it goes past anyone else, because we are pretty inwardly focused, but for us this was a major change. Emily explain the tweaks. In one case, if you are reporting a criminal activity you have seen, you have to include multiple details about the person involved. Nirav we are really looking to do two things. First, we want to make sure when members are posting in crime and safety, they are actually posting information that is suspicious, criminal, or potentially criminal,. Thats the first thing. Toond when members have include race, we want a higher bar. We want to have more information so that an inadvertent post will not stereotype an entire race. Emily one of the criticisms of nextdoor is that it has become a crime and safety platform, at least in certain neighborhoods. How are people using the platform . Nirav the most popular use cases are sharing Service Provider recommendations and classifieds. Emily so finding a babysitter, finding a handyman. Nirav the sorts of things he would lean on your neighbors to help you with. , it turns out creating a safer neighborhood is important to neighbors, so nextdoor is used as almost a virtual neighborhood watch. But the vast majority of content is not related to anything regarding race. Emily this is obviously a problem a lot of social networks have felt with dealt with. Humans are racist, computers are not, and its a matter of, how do you take that out of the algorithm, essentially. Twitter, for example, has gotten a lot of criticism in this area. Leslie jones left twitter. Ed williams, cofounder of twitter, was recently on the show. I asked him, and he like you had been working on the internet for a really long time, and he said things are getting worse, not better. Ev it has gotten worse, for sure. In the early days of the internet, it was a little better, and we sort of felt like its a big club, and if you are there, you are welcome. To use a metaphor, we had dinner parties with our front door open, and if you stopped by everyone was kind of glad to see you. So much of the internet has evolved with that default framework. So the idea that anyone can join any conversation is not something we expect in the real world. Emily airbnb has also dealt with racial profiling issues. Airbnbwhileblack was trending, with some user saying they were accepted less often. How could the changes you made help the platform at airbnb or twitter . Nirav every company is different, but for us it was being true to our mission, creating stronger and safer neighborhoods. Racism, one of the worst ills in our society, is counter to our mission. For us it was about rolling up our sleeves and changing the product. It is hard to do, particularly if you are already used by 110,000 neighborhoods across the country, but we had the urge to do this because this was a real moral issue for us. Emily even you said it may alienate some users, and thats ok. If you lose people, thats all right. Nirav since we rolled out the changes one week ago, the response we received for members and Community Groups is overwhelming the positive, and even in cases where members have to go through the forms we created, it results in better content. In this case, i think it is a winwin. Emily so how are you going to measure the effectiveness of these changes . Nirav well, everything will day we are looking at the number of our members who write in or flag comments as racial profiling. This is something were watching very, very, very closely. And it is something we dont feel we have finished. The work has started. We have a good milestone with 75 improvement, but there is a long way to go. Emily as someone who started many companies, working in this world for a very long time, what are your Bigger Picture thoughts internet gets harassment and trolling under control . Nirav the internet has provided a medium where it is very easy to communicate, and you dont have the same authenticity you find online, when you talk to someone offline, you are actually talking to them about real issues because you are right there with then. How do we create that analogous feeling of responsibly online . Thats what were trying to do with nextdoor. We are not trying to be a different place were you talk with your neighbor. We are trying to be an icebreaker, so that when you speak your neighbors in person you have strengthened that connection with something you have done online. In general, we need to make the internet a facebook we can be our best selves, not where we feel safe doing things we would not do in person. Emily r airbnb and twitter doing enough . Nirav we are in an industry that cares deeply about these issues. In a world that appears to be increasingly divided, i believe technology is a force that can be people together. And thats not just our company, but all the companies we work with. Emily nirav tolia, ceo of nextdoor. Thanks much for stopping by. Nirav thanks for having me. Emily coming up, we speak to ceo who plans to bring ed tech into the boardroom. Next. This is bloomberg. Emily a story we are monitoring, push back on an Andreessen Horowitz report by the wall street journal. The journal reported andreessen orbit has not earned Andreessen Hurwitz has not heard its reputation compared to curtis recognition compared to top rivals. N, sequoia returned more money on whatsapp alone. Eanaging partner scott coutur responded with a blog post, saying that the journal conflated realized and unrealized returns, using unrealized returns for the headline. Mark andreessen also tweeted out, talking about how its easy to get confused. Is venturing into the boardroom. One company leading the charge, coursera, the Silicon Valley startup that offers courses from top colleges and universities. They recently announced they are branching into Corporate Learning. Allowsa for Business Companies to use the platform for continuing education. Joining me is the ceo. As have so much experience, president of Yale University for 24 years. Your partnering with businesses. How will this work . Rick we learned from our Consumer Product that many of our 21 million learners are taking courses from a Company Email address. We had companies with as many as 10,000 employees taking our courses, and it seemed only natural to extend our product to a business offering that would provide support for those companies incorporate training. Emily other Edtech Companies made the jump into the Corporate Learning environment. How do you stand out . Rick were pretty special. We are much bigger than some of the competitors, and we have a breath of spread content from 100 for the five universities, spanning tech, data science, business, personal skills, and our courses are deeper. Most Corporate Learning things are short videos on specific subjects. A lot is about compliance. Ours is about indepth is about indepth training. These days a lot of Companies Need to take people and update their skills, and we are well suited for that. Emily there have been so many attempts at creating giant multibillion dollar Edtech Companies, yet we have not seen one. Why is that . Rick just wait. We will get there. [laughter] emily what makes this market difficult . Rick i dont think its difficult. We are only four years old, and we have 21 people 21 Million People signed up. We found a real market in specialization certificates, groups of courses that go in depth in a subject, in business, technology, data science. These aretials from the most frequently cited credential in the world on linkedin. And we are only four years old. Emily so many copies are trying to disrupt the job you used to have. You think a yale degree in 20 years will mean the same thing . Rick i do. In the way in a way, you can think of us as augmenting the power of great universities, alone them to reach across the world. We have partnered with yale, stanford, northwestern, chicago, university of tokyo, Great Schools around the world, giving their professors access to 10 or 100 times the number of learners they would normally educate. It is an amazing way to scale what universities can do in the world. Emily why will that hell degree still be as valuable yale degree still be as valuable . These degrees are very expensive. People graduate college with a lot of debt. I was one of them. Wide you think they will be as important . Rick we have very generous financial aid, but it is true as a general problem. I think the very strong colleges provide a kind of learning experience that goes beyond the classroom. You are in the company of outstanding scholars and phenomenal students, and a lot of it is the education you get outside of the classroom and all the extracurriculars, the environment, the richness of the resources. Undergraduate education will still be, you know, at the top end be very much alive for a long time. I think that skills training, though, will migrate in the direction of online, because it is so much more efficient and scalable, so much less expensive. We can train people to learn programming languages, or to be a software developer, or to learn financial or accounting techniques much more efficiently than you otherwise could. Emily you have raised 146 million in funding. What is the longterm plan . To you want to go public . Rick eventually, of course. But right now we are too busy changing the world to talk about an ipo. Emily where will coursera be in five years . Rick we will be a public company, offering both smaller microcredentials that help in the labor market, and offering offeringsor business, for many hundreds of companies. We are also developing online. Egrees in professional areas we have a Computer Science and data science degree from illinois, and we have several others in the pipeline. This is a way to reach people all around the world who never would have access to such highquality schools. They can do it online, they can stay in their jobs, and not sacrifice all the money it would require for them to leave their jobs and pay for courses. Emily coursera ceo rick levin, thank you so much for joining us. Former president of Yale University. Onestory we are geeking out lowes stores in San Francisco are introducing a new employee, the lowebot, which will help you find an item you are looking for. But it speaks multiple languages and can scan isles for missing products aisles for missing products. It will debut this fall at 11 stores in the bay area. That does it for this edition of bloomberg west. Next week, dont miss full coverage of apples highly anticipated product event on wednesday. Andecial onehour special, bloomberg west as usual in the afternoon. This is bloomberg. Announcer from our studios in new york city, this is charlie rose. Charlie you arecharlie at your best when you are challenged . What would make a very invigorating and challenging race for you . Lewis the challenging races are we started. En we do not have the best equipment. We would start at the back of the grid and in the race, i would pick up people one by one. That is generally how i learned