Analysts bet on new seasons of shows like Stranger Things. Elon musk announces his latest startup nuero link, successfully implanting wires into brains and enabling a monkey to control the a computer. The next goal is human trials. We begin with the hearings on capitol hill. Googlek, amazon, apple, all appearing in washington to answer lawmaker questions on antitrust, social media, and cryptocurrency. The first was facebook as the Banking Committee fired searing questions at the cocreator of the social networks cryptocurrency project. We will take the time to get this right. Wouldnt it be easier and safer if people could securely receive money transfers through their smart phones, just like they do for so many other things . Emily the chief was grilled on tuesday. We caught up with the senator after the hearing. I think Blockchain Technology, even the possibly of cryptocurrencies, it has some positive upside, but i think we have to be careful. Particularly when we are talking but the p
Maxine waters. Mind games. Technology can read a rats mind. Goal, human. First to our top story. Netflix tumbling after the streaming giant reported a loss of u. S. Customers for the Second Quarter. Earnings renewing prospects. Netflix says it lost 130,000 customers in the United States as a result of higher prices and a weaker slate of shows. It is signed up 2. 7 million subscribers globally, also missing projections. Joining us now to discuss the underwhelming results, michael and bloombergs luca, who of course covers the company. Michael, this is the first time the company has lost subscribers since 2011 when they split the dvd and streaming business. What is your top reaction . Luca becauseborrow he tweeted he is tired of talking about this. Increases derived. I think they are probably bumping up against a ceiling of what they can charge and continue to grow. I personally believe they will keep 80 of their domestic subscribers, as high as a 20 monthly charge. But their last 10 mill
Vision of Technological Progress. Joel weber is here with us. A great story that is going to make you rethink how you perceive Silicon Valley. Joel we wanted to really open up the whole idea of the issue here. It is really too easy to be down on tech right now. The techlash israel. Antitrust is in the wind. Dont forget that technology and innovators can still do incredible things and sometimes you just have to look outside Silicon Valley. Ashley has spent a lot of time doing that. Jason it is amazing, his and it,s worldview, also comes at a time of real existential questions around Silicon Valley and yet, i found it to ultimately be optimistic. Joel there is a sense of hope. That is the spirit of this whole issue, the sooner than you think issue. Not to just look at the glass halfempty. Lets look at it halffull. Carol solving really serious problems. Thank you so much. Jason more on this issue. Atlast year, we were looking the incredible moment that we were seeing coming back for ai. T
Joel weber is here with us. A great story that is going to make you rethink how you perceive Silicon Valley. Joel we wanted to really open up the whole idea of the issue here. It is really too easy to be down on tech right now. The techlash is real. Antitrust is in the wind. Dont forget that technology and innovators can still do incredible things and sometimes you just have to look outside Silicon Valley. Ashley has spent a lot of time doing that. Jason it is amazing, his purview, his worldview, and it also comes at a time of real existential questions around Silicon Valley and yet, i found it to ultimately be optimistic. Joel there is a sense of hope. That is the spirit of this whole issue, the sooner than you think issue. Not to just look at the glass halfempty. Lets look at it halffull. Carol solving really serious problems. Thank you so much. Jason more on this issue. Jeff last year, we were looking at the incredible moment that we were seeing coming back for ai. This year, in the
Against james alex fields to firstdegree murder. Driving man accused of into a crowd of counterprotesters in charlottesville, virginia, during that white nationalists rally. Global news 24 hours a day. You are watching bloomberg. Emily i emily chang and this is Bloomberg Technology. Federal investigators confirm at least one criminal probe into uber. Will talk about what it means for the worlds most valuable startup. Plus, the worlds most the Worlds Largest Futures Exchange will begin allowing bets on the worlds biggest cryptocurrency. Plus, another first for spacex. Elon musks other Company Since a recycled mock rocket and recycled payload blasting into space. Why going green could be the future of space travel. But first to our lead. Uber is under at least one criminal investigation. We are waiting for a letter alleging they attempt to acquire trade secrets and spy to unveil from attorneys representing a former security analyst detailing some business operations. This may be a key pi