Docusign makes the glass door lift. We will talk to the doc you sign ceo about what makes the company so unique. Automation, transportation, the self driving semi makes its valley islicon listening to your most intimate moments. It is the focus of a Bloomberg Businessweek indepth piece about how the Smart Speaker left users vulnerable to their conversations being transcribed. It was one of their most read stories on the terminal wednesday. I spoke to bloomberg journalists about the story, including the devices, and use of contractors to transcribe intimate conversations. Lets hear from austin carr in new york. We spoke to dozens of transcribers and contractors. Everywhere from ireland to india. They had ethical quandaries with the service. They were eavesdropping on a lot of siri alexa customers in order to improve the systems speech recognition by transcribing recordings we submit to the cloud. The fascinating thing was the profound disparity you mentioned. Contractors felt it was eth
Will a driverless fleet give truckers more time at rest stops . First, to our top story. Start says job cuts will this week. They said cuts will improve efficiency and accountability. Bloomberg has learned that about 2000 jobs have been eliminated s global 60 of wework workforce. Ellen huet joins us with more. What do we know about these layoffs and their broader strategy of slimming down, if you will . Ellen it seems, based on this new memo that the executive chairman sent this morning, it going to start in ernest going to start in earnest in the u. S. This week. It seems like maybe this week is going to be the big time. They had originally scheduled an all hands meeting for tuesday and another part of the memo says the meeting will be moved to friday. On friday, we expect a fiveyear plan of the company. Taylor do we have any indication of what that fiveyear plan will look like . Ellen if it is anything like what is talked about in the memos, it will be similar to that path that is tr
Joins me. Dent his new venture. And, the head of colibra, david marcus, joins us for an exclusive interview. Continues to, continues to captivate investors. Easing weoptions for works cash crunch. Continuedon the turmoil at we work is bloomberg s leon a baker who has been covering all the facets of the story. Talk to me about the softbank side of this. They are hiring some bankers with the restructuring. What are they hoping to get . It doesnt seem like there is an investment banker right now who is not on the we work situation. They are working with houlihan loki, soft , restructuring specialists. They want to make sure that the assets are ok, that they understand where the leases are, what is the value. They are brought on to help softbank figure out if it wants to plow more money into we work. The we work board has hired another boutique investment bank, advising Board Members on wework should take. Should they take a risky highyield bond package that j. P. Morgan is organizing . Tw
s, 226. The Prime Minister must comply with the law. He can no longer used the threat of a no deal crash out to black male members to support his sellout deal. I will not negotiate a delay with the eu. And neither does the law compel me to do so. Welcome to Bloomberg Television from the city of london. We have been bringing you updates regarding the u. K. Political scene after the latest brexit headlines have come out. Saturday, the u. K. Parliament held a special session. Boriss newly minted deal did not make it to a vote. Thats why we are gearing up for a critical week and brexit and we could see the vote as soon as tomorrow. Lets look at how the fx market is trading after this, the pound 129ing softer than friday,. 84 on fridays close. It seems like traders need to start pricing in uncertainty regarding brexit. On the longerterm basis, analysts are bullish. Drop may be as buying opportunity. Longterm, everyone seems bullish. They think the eu will allow for the extension. What we ne
And, microsoft stopped making phones years ago, and now its back with a new model that will run on googles android system. Is now the time to get back into the slowing Global Smartphone market . But first, to our top story. On monday, wework pulled the plug on its ipo, at least temporarily. The new coceos of the Office Space Company say they want to focus on the core business before going public, which they still plan to do sometime in the future. Wework has been burning through cash and is now planning thousands of job cuts. And will put some of their business is up for sale. Bloombergs kurt wagner spoke to wedbush analyst dan ives and bloombergs ellen huet, who covers the company. Ellen it is official. The ipo will be put on hold. So they said this morning theyre going to be pulling it, that confirms a lot of the reporting we have had in the last week or two, which is that the ipo is unlikely to happen in 2019, likely to be pushed until next year. So theyre going to be spending the n