It is mexicos second major earthquake this month. Nieto,nt enrique pena who is attending the general us only in new york, is returning immediately. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. Im emma chandra. Emily im emily chang, and this is bloomberg technology. Coming up, Higher Learning courtesy of you density. They just kicked off a nano degree program. We will hear from the founder. Plus, twitters direct message on terror. The company flag 300,000 accounts that it said promotes global extremism. How effective can it be at limiting the spread of hate . We will discuss. And equifax continues to unravel. First, to the lead. A Group Representing u. S. Venture capitalists is suing the Trump Administration over his decision to delay enactment of an immigration rule impacting foreign entrepreneurs. The department of Homeland Security violated federal administrative rules when it delayed the start of the International Entrepreneur rule. It would permit International Entrepreneurs with an ownership interest in u. S. U. S. Artups in the some criteria they would have to meet include starting the company within five years of owning atonly least 10 of the venture, and have qualifying investments 250,000. T least critics call it a stopgap measure that could complicate the risks associated with business in the u. S. With uncertain foundations. Joining me to discuss is bobby franklin, the ceo of the Group Leading the suit, and eric hippeau. From lerer will start with you. What do you make of this . Reporter it is an interesting lawsuit. This isnt the only rule the excuse me, obama era ruled the Trump Administration has sought to delay and eventually get rid of. The suit challenges whether the Trump Administration can do this without opening a Comment Period first. Is a weird rule the Trump Administration is trying to resend. It seems like it would normally fit into the category of immigrants that president would like to see more in the united states. What is happening is twofold. Hisp is trying to establish legacy as a raising obamas legacy, including every rule obama issued in his presidency. Two, there are st. Marys there are serious immigration restrictions, people who think there should be lower immigration overall. By repealing this rule, those folks are probably trying to achieve their goals. Emily bobby, why file the suit . What do you hope to accomplish . We hope to get the rules and it did we hope the dhs is in position to accept applications. This is about a competition the u. S. Is in with the rest of the world. Other countries are ruling out red carpets. Britain,anada, great france, singapore. All across the low, they recognize there are talented entrepreneurs and they are trying to attract them to their countries to grow a new company on their soil. What are we doing . We have red tape. It is not a partisan issue. It is not against President Trump or president obama. Both of them have talked about the importance of ringing International Entrepreneurs that can get capital anywhere across the globe, bringing them here to our country and making sure we grow u. S. Jobs and the economy. Emily you are an immigrant and entrepreneur, eric. What is your take . My take is that foreign entrepreneurs coming to the u. S. Is a desirable thing to do. About half of our companies have at least one member of the original team, the founding team, who is an immigrant. I am an immigrant. These are people who make huge contributions to our economy and society. I dont see why we would make it difficult for them to come. As not be just mentioned, they could go elsewhere. They could go to canada, france, other places. We are competing with other nations. Emily obviously, president s explanation is creating u. S. Jobs, making sure u. S. Workers have a place to work what. About the idea this is merely a stopgap measure anyway, when Immigration Reform in general is broken . It is broken. We have been working on this issue for many years. Back in 2013, we had the opportunity to get a startup visa passed through the u. S. Senate, but it didnt make it all the way into law. Each year we work with congress to try and get them to pass legislation. There are bills in this Congress Introduced by both republicans and democrats that would create a startup these that to make it easier for entrepreneurs to come here and start companies, but in the absence of legislation making it into law, we have to do what we can. Dhs promulgated a rule. And went through comment, we had a rule ready to take effect july 17. One week before that, dhs decided to rescind that. We dont think they follow the procedure under the administrative procedures act, and it is the only thing we have to get more entrepreneurs here in our country. Emily alex, obviously there have been conflict in measures conflicting comments from the administration. What are the steps we are likely to see in the coming days and weeks when it comes to taking action on what the president has signaled . Reporter the priority in the immediate future is to do something about daca, the socalled dreamers, the young immigrants brought illegally by their parents. Democrats say they struck a deal with trump to handle that issue. I have not heard anything, any kind of a legislative letters aleutian legislative resolution on this issue. I would not expect that to be tackled by congress in the near future, if at all. Perhaps it could be part of a comprehensive immigration bill, but that is me in the future. That is not even under consideration right now. Emily have any of these moves impacted your entrepreneurs in any way . Our people nervous . Are they changing their plans . By definition, we back people who are here legally with a visa. But the community is nervous. Saying well, i was welcome when i came. This is my dream. My dream is the u. S. This is why im here. Why is this changing . Why am i not part of this Great Community . There is a great degree of anxiety. Emily bobby, any response to the lawsuit so far . Will take thet we next steps. We will likely file an injunction to get dhs to move forward. Stay tuned. Bobby franklin, ceo of the National Venture capital association, alex wayne from bloomberg news, and eric hippeau, my guest host, you are sticking with me. We are watching twitter announced the appointment as a new independent director. He served as cfo of google. This move is effective december 1. Hugh johnson move, will resign his seat on the twitter ford effective in october. Board effective in october. Coming up, you city has partnered with udacity has partnered with lyft. And bloomberg technology, is Live Streaming on twitter. This is bloomberg. Uber is pursuing an advertising media, alleging the firm in part barely build the company for fake online ads, and took credit for downloads it had nothing to do with. It is owned by the worlds fourthlargest advertising company. Uber is seeking 40 million in damages. Tech crunch disrupt 2017 kicked off this week in san francisco. Udacity, and Online Learning platform, announced registration for a new intro to self driving cars now no degree. This is alongside new partnerships with lyft. The udacity founder joined bloomberg tv from the event earlier to discuss the partnership. Everybody is talking about the self driving car. We all understand if it succeeds, there will be more than one million jobs on the line. We want to help everyone to become an engineer in this space and be a contributor. You could learn how to be a self driving car engineer and join many other companies in building these amazing technologies. Reporter and partnering with lyft on these scholarships, are you aiming to target women and minorities, those who might not be typical applicants . Yes, udacity has a very Strong Social mission. We try to bring in minorities, women, and people of color. We have a strong presence in the young east to make sure people in the middle east have a new perspective. At the car, we care for people to learn something interesting. So many people are left behind. Smart people are left behind and universities are not taking care us. We try to reach people of all ages, ethnicities, all financial backgrounds. Reporter i want to ask you more broadly about whats going on in the self driving car space. Theres a lot of excitement. What we see from the legs of google and apple is that they havent fundamentally recalibrated plans. What is it about the industry that is forcing them . To make changes forcing them to make changes . The race is on. In the last two years, the number of Startup Companies joining the game has been staggering. If you look at the Automobile Industry today, the self driving car is the hottest topic. Reporter but how do you know you are appropriate creating a Training Program that will actually be right given the speed at which the technology is adapting and moving, and how much does it cost . What job translation have you seen of the students that are taking your program . How many are getting jobs in the industry . Thane Program Costs less 205,000. Companiesrectly with like mercedes, google, and tesla. The original program launched last year got over 40,000 applications. Over 60 people already found jobs in Companies Like ford, google, and others. Its a new way of teaching and building a university. We strongly believe companies that hire our graduates are the ones who should be responsible and making it perfect. Reporter are you going to be signing up with the likes of tesla and apple in the future to provide them with talent to facilitate growth in this industry . Is that your plan . That is something we have been doing all along. You can learn deep learning, artificial intelligence. The people who instructor from ibm, at t, google, and leading companies. We can give them a voice in education to reach people. We have been operating for many years. Roughly half of our students find a new job within the First Six Months of graduation. Speakingbastian thrun, from the tech crunch disrupt conference in san francisco. Coming up, the biggest cities in theica are bidding to be location for amazons Second Headquarters. Which locales are at the top of the list . We will discuss. This is bloomberg. Emily with a little less fanfare than apple last week, amazon is out with an update to a product. They debuted a new update of the fire hd 10 tablet with a High Definition screen to watch video, with a lower price, and a processor that runs faster. The most significant new features handsfree voice control, which lets people do similar acts like the echo speaker earlier this year. It will be available this month. Amazon is still on the hunt for a city that could be the home of its Second Headquarters. Brooklyn could be the big winner. The 5 billion corporate compound is expected to create 50,000 jobs over the next 15 to 17 years. Brooklyns reputation as a hub for millennials could give it a leg up, although the borough has come up short in attracting bigname companies. We have to talk about this, because we are in new york today. What do you think the likelihood is of amazon ending up here . We would love it. 50,000 tech workers in brooklyn with beef and testing. I think the chance is actually low. New york is a very expensive place to set up a business. In the current administration, new york is not particularly business friendly. Im not even sure new york is bidding. Emily what is business friendly . Eric i was talking about the local administration. York should be looking for those kinds of opportunities, because those are the kinds of jobs that are higherpaying, informationbased. Ofont know that the city new york is actually even actively looking at attracting that. Emily what do you think amazon should be looking for in a Second Headquarters . It cannot build out headquarters in seattle. They are at capacity. Eric i think it needs a city or a place where there is a lot of higher education, a lot of young people who are looking for the jobs of the new economy, and a business friendly environment. Emily we do have a sound bite from the mayor of philadelphia. Obviously, a lot ofs cities are competing. Take a listen. We have gotten criticism about Corporate Tax breaks, but this is too big of a deal. It is too many jobs and too great of a company for us not to go after it. We would love to have them here. We have a lot of people who could use the work, and we have i. T. Startups and Tech Companies who have come into philadelphia recently. Emily how does the city benefit . Do have to give them some tax breaks, i imagine. On the other hand, you are providing 50,000 really good paying jobs for people who are paying taxes themselves and who will buy local products and services. Its a definite plus for the city. Cornell just opened tech. Bloomberg was involved in that. It would go really well with attracting the Second Headquarters of a big tech company. Emily i wonder if new york would do a good job of attracting younger talent. Who doesnt want to moved to new york . Eric exactly. Its a great place for a startup. Most people love new york. Theres a lot of diversity and things to do. But the city needs to have a plan in place to attract a company like amazon. Emily how would you describe the of evolution of the new york tech scene . It has always played second fiddle to san francisco. The scene is changing. How much closer is Silicon Valley to Silicon Valley these days . Eric the Silicon Valley of new york is the secondlargest in the u. S. , one of the largest in the world. New york does what is good at. Software development, applications and services. We are not going to be reinventing the plumbing of the internet. We are not going to create the next generation of routers. However, we are starting to see all kinds of companies in all sectors because we have access in new york to the same Technology People in Silicon Valley have. Emily when is that 10 billion Company Coming out of new york . It is in thely, pipeline. There are a number of companies that have achieved billion dollar valuations that have the potential. Hippeau, Lerer Hippeau ventures, you are sticking with me. Thank you. Son, sprints chairman, sat down with a wideranging interview. Rubenstein asked if he thinks the deal will get approved. I dont know, but it is their decision. I think it makes sense not to have just a huge monopoly with such a big market share making a ton of profit. Giganticf two oligarchies, a real fight is better. At the same time, we have another company as a possibility that we may consider to do it. We have not decided one or the other. Masayoshi son, chairman, ceo and wonder of softbank on the David Rubenstein show, erring on bloomberg tv. Coming up, new revelations that equifax was attacked five months before it was revealed to the public. Check us out on the radio. Listen on the Bloomberg Radio app, bloomberg. Com, and on sirius xm. This is bloomberg. So we need tablets installed. With the menu app ready to roll. In 12 weeks. Yeah. The world of fast food is being changed by faster networks. Data, applications, customer experience. Which is why comcast business delivers Consistent Network Performance and speed across all your locations. Fast connections everywhere. Thats how you outmaneuver. Mark i am Mark Crumpton in new york. You are watching bloomberg technology. Lets begin with a check of first word news. The death toll from the magnitude 7. 2 earthquake that struck near mexico city is up to 44. It is mexicos second major earthquake this month. President enrique pena nieto, who attended the uns General Assembly in new york, is mexico. G to Officials Say one person has died on guadeloupe after being hit by a falling tree. It is the first death recorded in the category five hurricane maria. In a meeting with the amir of qatar, President Trump denied that he warned saudi arabia and the emirates against taking military action in doha, after reports that both gulf nations were looking to move the qatari regime remove the qatari regime. They accused the country of sponsoring terror. The u. S. Senate held the confirmation hearing today for jon huntsman, President Trump nominee to be ambassador to russia. Huntsman took a firm stance against moscow for its interference in the 2016 u. S. Residential election president ial election. Question,s no underline no question, the russian government interfered in andu. S. Election last year, moscow continues to metal and moscow continues to metal in the democratic processes of our allies. Mark republicans and Democratic Senate if they huntsmans highly qualified. British Police Arrested a third suspect in connection with a bomb that partially exploded on a london subway. They arrested a 25yearold man in wales under the terrorism act. Two other men arrested over the weekend are still in custody