Fiercely protested ubers expansion, this on top of multiple investigations for deceiving authorities, bribery, and reports of sexual harassment. Pushed out the once untouchable c. E. O. And founder. In 2017, Dara Khosrowshahi was brought in to fix it. Hes brought in new management, to rebuild trust and reputation. Still, it hasnt been an entirely smooth ride. Sparkedashy i. P. O. Excitement but ultimately, investors were not impressed. Themhe job is to prove wrong. Yoing me today, at uber headquarters in downtown san francisco, uber c. E. O. Dara khosrowshahi. Been a long two years. Two years ago, it was announced that you would be replacing the former c. E. O. And even youve admitted you were the unlikely dark horse, even accidental choice. So two years later, did they choice, and did you make the right choice . Ha ha choicei made the right c. And i hope they made the right choice. Can never prepare yourself for a job like this. And uber is a once in a generation company. But its been
Google will pay 170 million as part of an agreement with the ftc for violating childrens privacy on youtube. Critics say its not enough. And slack. Stock shares plunge after clear one. A anyone that has manufacturing in china is there. What is potentially more interesting is it is it is starting to spill over to other industries. Was an example. Everyone thinks about being defensive. Toy are actually starting see and outlook as a result of the ongoing trade war now the tariff has kicked in in our reality. I think we are going to see a lot of that go through and the companies say, is this going to impact some of those . What are the second derivatives like . That would involve anyone outsourcing that. It may not be obvious. You mention individual companies. Asonder if it is as simple qualcomm by salesforce. Or is there something idiosyncratic within those companies you need to look at . To be specific about the individual companies, not just the sector. Of asw it is thought being more d
Adolescents and pregnant women. Ofbecause the concentration thc in marijuana has tripled over the past few decades, the science suggests marijuana use carries more risk than ever. It is fundamentally different product, both in potency and methods of use than what existed several decades ago. Mark secretary a czar called it a dangerous drug in the warning comes as Legal Marijuana has grown into a 10 billion industry in the united states. Nearly two thirds of states have legalized it, mainly for medical uses. An increasing number of states are also allowing personal Recreational Use of marijuana. Global news 24 hours a day on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. I am mark crumpton. This is bloomberg. Live from bloomberg world headquarters, i am vonnie quinn. Amber welcome to bloomberg markets. Here are the top stories from around the world. A shift in the trade narrative is lifting stocks. Optimism that china and the u. S
Trade war. We also have a bloomberg exclusive. We will hear from a top huawei executive as the Telecom Giant remains on the blacklist. Dropping all tria after the dow jones reported the u. S. Federal trade commission is investigating the marketing practices of juul. Invested 13 billion into the popular ecigarette maker. Regulators are investigating whether juul engaged in deceptive marketing. In addition, juul was named in documents by the u. S. Food and Drug Administration as it investigates whether ecigarettes can trigger seizures. Joining us is our Bloomberg News andth care policy reporter a reporter who covers juul. What is the fda investigating . They have gotten reports from people that this has happened to who say they have had seizures of thet juul was one ecigarettes that some of these. Eople putting reports in used they said recently, the fda, that there have been 120 seven reports of seizures possibly linked to ecigarettes. What they have not said is what devices were used i
Privacy on youtube. Critics say it is not enough. And slackjawed. Slack shares plunge after the companys first Earnings Report since its trading debut. There are Service Problems and competition from microsoft. This week, china and the u. S. Announced facetoface negotiations aimed at ending the tariff war will be held in washington. Skepticism on both sides for true progress remains high. This follows president trumps 15 tariff that became a reality last sunday, dragging apple further into the trade war. While the flagship iphone is currently spared, some key products are not. Namely, airpods, apple watch, home pod, and imac. Guests joined us to discuss on tuesday before the latest round of talks were announced. Apple is, like you pointed out, the clear one. Any company that has manufacturing in china is there. But what is potentially more interesting than that is its starting to kind of spill over into other industries we had assumed were more resilient or tariffproof. For an example,