President obama vowed to publicly support repealing if republicans have a better plan, they should show their cards. He spoke in an interview. The government could wrap up its case against dylan roof on monday. Federal prosecutors are seeking the death penalty. He says he has no plans to call the witness of his own. Global news 24 hours a day powered by over 2600 journalists and analysts in more than 120 countries. This is bloomberg. I am caroline hyde, bloomberg technology. The dow flirts at 20,000. Putin himself ordered a campaign against the u. S. A campaign into the u. S. Election. Live with fitbit ceo. Wages bringsad on the dow higher. Average Hourly Earnings dropped jumped 3 . That helped push the nasdaq and s p 500 to record highs in friday trading with the sack with the tech sector leading the way. What is leading the charge . It is the i. T. Facebook, amazon, netflix, and google all rallying almost 2 more than 4 this week. We are joined by oliver renick. Overall, it was a strong day for tech. Story of my life. The dow once again going back and forth around 20,000. It really popped around 12 30 p. M. The story of the market is the to a large degree some of the tech stocks coming back. Anytime you have financial and tech stocks rallying together, that obviously helps lift the market when you have gains of upward of 4 . When you are looking at amazon and you are looking at apple, they did pretty well. The fact that these are back also goes in line with the idea that we have seen investors favor some of the higher data stock, some that move with greater swings relative to the market. Apple helping the dow. When you talk to the analyst, give us a sense of whether they think this is going to last. Are we ever going to get past that symbolic number . The technical people take it more seriously than others. One person we talked to said we are burning out at this level. You may have trouble getting more buyers to take over that. If we cross it, it will go up higher. The technical people that rely on those sorts of things take it to heart. But at the same time you have mostly the fundamental people who say, nothing has really changed. If you look at all the math behind anything you would calculate based on where the market is going to go, it does not change. Multiples are where they were a week ago. As we continue to move upwards, all the earnings and multiples come into question. It is not whether or not the market is getting too high, but again, this adds to the posttrump rally. How much does this affect the big tech heavyweights . The dollar being strong does not always help. Over the past year or so, we had a big drop in earnings and a lot of that was due to the strengthening dollar. Now the dollar is moving higher. The question is if we are seeing the trade weighted dollar move higher. According to history, it is higher. It is going to be an interesting question of whether or not a higher dollar or higher rate can offset what we do if we have this push toward Government Spending and fiscal spending. Whether that puts a bottom line assistance to companies who will spend the money and build plans and hire people. But we saw the jobless rate is pretty low already. Thanks for being across all of these numbers. Now turning to cyber security. The u. S. Government released a report on u. S. Hacking that on russian hacking in the u. S. President elected president election. The report found that president Vladimir Putin try to help the Donald Trumps campaign by discrediting hillary clinton. In a statement trump called the meeting with the head of the fbi, ca and National Intelligence quote constructive. And he also said he wants to bring together a team to combat Cyber Attacks on government networks. Joining us now to break this chris, when it comes to trump, we know the intelligence agencies went into trump tower. Has he changed his opinion over whether russia was behind this or not . He has not changed he has not commented on his opinion. He has said he has a Great Respect for the intelligence agencies and it is clear that multiple countries including russia has had have been trying to hack into u. S. Institutions. At the same time, he is walking back from the edge of where he was. Sensational statements coming from the support this report, saying that Vladimir Putin ordered this himself. Are we going to hear any more details . That point, the declassified report was not out. Now that it is out, there is more material in which to dig into. You will see the testimony delve into some of these further details. It is significant that the u. S. Intelligence community is a naming Vladimir Putin as having carried out a campaign to meddle in the u. S. Election and part of that was to benefit donald trump. There seems to be an olive branch given from trump to the Intelligence Community. Is that something you felt on the ground in washington . From trumps point of view and the team around him, they feel it is untenable to continue to have such a negative relationship with the Intelligence Community. Remember, trump is going to be dependent on the Intelligence Community to bolster arguments is that he wants to advance. He cannot continue to discredit them and then use them to advance his policies. What we saw today is trump starting to walk back from the extreme criticism that he was leveling against u. S. Intelligence. Perhaps not walking back from his anger that he sometimes shows to the media agency and seems to want some kind of investigation about in the leaked report before he did. Obviously trump will send out tweets on all kinds of different subjects and he sent out one today saying there should be a congressional investigation into how nbc got information about the Intelligence Report before he got a briefed on it. This is what we have seen trump do is when he is presented with facts that dont support what he believes, he tries to muddy the waters and raise tangential issues. What this is is an issue on the side where he wants to talk about summit news media leaks, when really the weight and force of what happens is the actual Intelligence Report on russian hacking. Great to have you on the show. Now a story we are watching, at t and time warner say there may be an easier route to take to make the merger happen faster. They say they can also avoid scrutiny by not transferring any of time warners sec licenses. The Justice Department has asked at t for more material to conduct an indepth review of the proposed deal. Still to come, microsoft is among the tech titans looking to stake a claim in the car software market. We speak with an executive to make the case for microsoft. This is bloomberg. Now to a story we are watching. The company says it is paring down to focus on a new product. Theranos announces this after a earlier round of layoffs in october. Over the past year, they have been plagued with losses and public scrutiny. Now back to the biggest you check the biggest tech trade show of the year, ces. Microsoft is pushing to be a leader and just recently signed a deal. Peggy johnson spoke about the companys plan to get behind the wheel. Today we are announcing Microsoft Connected the vehicle platform. It is a set of cloudbased tools that are going to empower the automaker to develop their own a car connected experiences. And by 2020, Something Like 90 of all the vehicles on the road will be connected. It is a great opportunity to work with them. By 2020, will it all be Driverless Cars by then . By 2020, 90 of the eagles on 90 of the vehicles on the road will be connected. This presents a great opportunity for us to work with the automakers as they develop their own in car experiences. How is the division of the data occurring between microsoft and the Auto Companies . Some of these companies have been wary about the ownership of the data in the car. What agreements do you have in place . We are not going to be building our own autonomous self driving car, but we are in the business of producing software that we believe will enable Car Companies to reach their goals and ambitions in this space. Many of them have turned to us as a partner. We will not be competing with them on that front. We have the tools that they can use to really engage with some of these complex technologies they are dealing with as they go through their digital transformation. Things like Artificial Intelligence. We can combine the data that we have and the data that we have data that they have to come up with a new Customer Insights that will bring some exciting new opportunities for the consumer to utilize the time they spend in their vehicle. Which, for many of us who have long commutes, that time we can use to be more productive in the future as we move toward the world where we are headed where we are fully autonomous driving. We want to be there to get the Car Manufacturers the tools to produce those experiences. We dont see any individual is as having the same depth that we have in the space. We see productivity that we can bring together with our deep knowledge in the Artificial Intelligence field and combine that in a connected fashion using our new connected legal platform. We feel very good about this position to help the automakers reach their goal. That was Microsoft Business Development chief peggy johnson. Also, plenty of innovation on display that will drive the Technology Sector in 2017. But there are also gadgets that will be hard to catch on. Throughout the hour, alex webb will give us a taste of the weird and the wacky side of ces. The latest Star Wars Film was all about working out how to destroy the death star. Now they have come out with this speaker, the star wars death star speaker. It floats over the magnet of the base. Now, another company we have been watching. Samsung electronics lost here i have placed the sales year on the year and you can see just in the quarter, sales were lackluster. Down by almost one percentage point. But check out the operating profit. Operating income yearbyyear up almost 50 . Who would have thought it when we see what happened to combustible galaxy note seven. You can call it a corporate crisis or samsung, but this does not speak of a big corporate crisis. Samsung is not only do when its does not only do well when its own mobiles so well, but think about competitors in china. Semiconducting unit did well. A new bit of paint on that short order made up for the shortfall in the galaxy note seven. Coming up, we will review the week that was at ces. What were the gadgets that had everyone talking . More in todays tech craft next. This is bloomberg. Lets head back to the annual tech spectacle that is at the Consumer Electronics show in las vegas. I spoke to our reporters on the ground in ces. The 2017 show, it turns out, was more about the connected car than anything else. Increasingly, what we are seeing is the merging of these Different Industries and the big thing has been Artificial Intelligence. The way it is being brought into the home, into the car, and what people are able to do with it. Microsoft really fighting to own the voice of this space withine assistance space the car. This has been a serious fight. We have seen alexa dominates over the period, but Everyone Wants in when it comes to personal assistants. This is going to be the way we interact with marketers, our light switches and fridges. They want to make this the home in our home. There has been this hope for Artificial Intelligence and now we have the gadgets to go behind it. Alexa has taken a big lead. They have been ubiquitous at ces from what everyone has told me. Can google home make inroads . Mark zuckerberg put together his on assistant with morgan freeman. You are going to see more of that and he will pick up more space at ces in the coming years. It seems that apple has dropped the ball here . Apple does not come to ces. That doesnt mean that apple is not here in some capacity having meetings in hotel rooms. But the question has been more about apples advantage here in the ai space. Siri was the first out of the gate. After that, it has somewhat stagnated. But apple has hired a guy from Carnegie Mellon who is a big name in the ai space. There is hope that maybe apple accelerates a little bit, but they have ground to regain eventually. That was alex webb and tom giles. Besides covering serious stuff, alex has also been hard at work seeking out the wackiest gadgets. Here is a look. This is the little robot from auto pets in michigan. The robot detects waste in seven minutes and wicks away the garbage and replaces it with a new cat litter. The utopia of technology, i am sure. 2016 was tough for fitbit. The wearables market is looking to pick up the pace. And coming up this monday on bloomberg television, eu commissioner will join my colleagues for an exclusive interview. Join us for that conversation at 10 30 in new york. And if you like bloomberg news, check us out on the radio. You can now listen in the u. S. On sirius xm. This is bloomberg. I am Courtney Collins and you are watching bloomberg technology. Lets begin with a check of your first word news. Florida governor rick scott says the citizens of florida do not tolerate senseless acts of evil. He spoke today after getting briefed on the deadly shooting at Fort Lauderdale airport. He says he spoke to the president elect and Vice President elect who promised to provide necessary resources. A Fort Lauderdale official says the suspect was a passenger on a canadian flight with a gun in a checked bag. They also believe he loaded the weapon in a bathroom. Five people were killed and at least eight wounded. The u. S. Senator says the suspect had a military i. D. With the estaban santiago. We have the shooter in custody. He is unharmed. No lawenforcement fired any shots. The subject was being interviewed by a team of f. B. I. Agents and homicide detectives. The u. S. Intelligence community released an unclassified report on russia. The report concludes Vladimir Putin ordered an influence campaign aimed at the u. S. Election. It goes on to say the russian government aspire to help president elect trumps election chances when possible by discrediting secretary clinton and publicly contrasting her unfavorably to him. All three agencies agree on the assessment. President obama has renewed his campaign to keep the Affordable Care act in place. In an interview, he was critical of the g. O. P. Plan to repeal obamacare and replace it. President obama the strategy of repeal first and replace later is a huge disservice to the american people, and it is something i think, whether you are republican or democrat, you should be opposed to. The president said if republicans can make obamacare better, he is all for it. The french president ial candidate says the u. K. Economy is weathering brexit and thinks france should take the lead next. The far right candidate says if she is elected, she will immediately put that to a national referendum. Scotlands minister Nicola Sturgeon says in response, she wants to keep scotland in the single market. Scotland voted overwhelmingly to stay in the bloc. The obamas are throwing a Party Tonight in what could be the last big bash before they leave the white house. No word yet on official guests. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. I am Courtney Collins. This is bloomberg. Caroline this is bloomberg technology. I am caroline hyde. We are heading back to ces in las vegas where the fitbit has rolled out new features for the new year. The maker had a tough 2016 with a 75 collapse in the share price but is looking to bounce back by adding new social features and offering financial incentives for meeting fitness goals. Will it be enough to convince consumers it is a musthave item in an increasingly crowded market . Joining us from las vegas is the fitbit c. E. O. And cory johnson. Wonderful to have you join us. Lets begin with the financial incentives to keeping fit. You are sealing a deal with unitedhealthcare and qualcomm. How wide will this go . It is a pretty big deal for the industry. Everyone has talked about when insurance players will connect with Wearable Companies and provide incentives. This is the first real integration that proves that out. Unitedhealthcare is going to provide up to 1500 in incentives for people to reach physical activity goals using their fitbit charge. I think this will be the first of many deals of this type in the industry. It is a real indication Wearable Health technology can drive Real Health Care outcomes and lower costs. Caroline Corporate Wellness plans made up less than 10 of your overall revenue. Can you give us how much Corporate Wellness will make up in terms of revenue for fitbit . It is less than 10 of our revenue today. It is an area of the business we are highly focused on. I think we are expanding on employers to working with Insurance Companies. It is demonst