General Jeff Sessions senate seat. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. Im emma chandra. This is bloomberg. Bloomberg technology, is next. Emily im emily chang and this is bloomberg technology. Coming up, President Trump defiantly defends his criticized reactions to protest in charlottesville, virginia, and calls out ceos leaving Business Councils for grandstanding. Full coverage from trump tower. Plus, a bloomberg exclusive. Nba champion and ndp staff steph curry making a big play in tech. The Golden State Warriors on r a damaging lawsuit and embarrassing settlement were just some of the challenges for uber this week, as the pr nightmare continues at the worlds most valuable startup. First to the lead pair President Trump speaking from trump tower defenses decision to wait two days to condemn white supremacist amid violence in virginia, saying he needed to gather the facts. Since the deadly attack, several ceos have cut ties with the white house. Armour, and er for ceos resigned from the manufacturing counsel. Said ceo today, the president fired back. We want products made in the country. Leavef the people will and are leaving out of embarrassment because they make their products outside. Emily the latest development on this ongoing story. We have our chief washington correspondent Kevin Cirilli standing outside trump tower. With me in the studio, cory johnson. Kevin, you have to give us a roundup of what happened in this press conference. President trump very defiant and very hesitant, to lay blame essentially. Reporter President Donald Trump defiant against criticism for his response to the charlottesville tragedy over the weekend. He says there are faults on both sides here and i can tell you that already a crowd of protesters had gathered about a block away from where im standing outside of trump tower. President trump taking on the media as well as others for what has gone on and what he feels is unfair treatment. He criticized heavily and defended heavily his very own position following the charlottesville tragedy. It comes as he is facing intense criticism from ceos and also from republicans within his own party. This is supposed to be a press conference of sorts or a public commenting period to announce a second round of infrastructure executive order. All of that is now thrown out the window with the headlines dominated by his comments on charlottesville. Emily cori, the press conference became very contentious, and the president was very combative what is your reaction. . Cory i was doing a live radio show and i couldnt speak afterwards. To see thety amazing president refusing to criticize kkk,eize nazis and the are suggesting there is a equivalency between protesters supporting a confederate general statue that was only built in the 1920s, when jim crow was enacted which is when a lot of the statues were put up, not which isvil war really a statement about racism, keeping africanamericans in the country down. Amazing to see the press conference. It is worth noting that this plays to his base. He might actually just agree. But this notion theres a dialogue that says black lives matter itself is akin to protests like all right protests, kkk protests, nazi protests. That dialogue doesnt reach the mainstream media, but it is happening, and is in his playbook. Emily playing to the base is in the president s playbook and we see it again and again, but shouldnt he be trying to expand his base . Reporter i think there are many republicans who have forcefully denounced white supremacy, kkk, and criticized the president for his response. When you look at the states the president won, ohio, michigan, 70,000 independent voters switched from former president obama and then voted for donald trump, they were really the swing voters. When you look at independent polling over the last couple of days, if you look at gallup, President TrumpApproval Rating to did to around dipped around 34 . His team around him has tried to focus on the economy, but President Trump, less than 24 seeing policee vehicles. I just want to say this. We are seeing an increase of Police Presence where a growing crowd of protesters had gathered chanting against President Trump. That is something that i think many outlets will be monitoring throughout the next several hours. To conclude my thought, i would note that this is something that while the president , trying to focus on economic issues, and if you look at what he tweeted, criticizing ceos, and even at the press conference, criticizing the ceos who left the Business Council as well as criticizing senator john mccain on the issue of health care, this is a president really feels that going after his critics will help him reach legislative goals. So far, he has yet to have a major legislative accomplishment on health care, infrastructure, tax policy. If you look at the month of september, he has 12 legislative days left. Congress has to raise the debt limit, has a spending bill, and get to issues like tax reform and infrastructure, which was supposed to be the basis of his comments about one hour ago. Emily you have interviewed the intel ceo a member of times number of time. What do you make of the compilation that these ceos are publicly rescinding support . Cory i think for brian, it was very personal. No one at intel was pressing him to make diversity his biggest job at intel, but he was. It is really important to him. He has young daughters. Hes thinking about the future of this world. Having a quality at his company and making it a top goal, i think he looked at what happened, and instant criticism the president had for the merck ceo, and that was a Tipping Point for him. It is worth noting that the president said you need to take time and study the facts about neonazis and kk, but was quick with criticism of the market ceo. And being part of the councils could pay off handsomely, given that the president is the most powerful person in the world. Remember, bk was in the oval office with the president showing him a semiconductor, and announcing a plant that had already been announced that President Trump had taken credit for. Even obama himself had spoken would be erected. A lot of Corporate Leaders thought they would be able to forthe president s desire publicity about hiring and building in the country as a way to publicize efforts, and maybe get input into the white house and into the trump administration. I think it is just coming out to tooa cost right now at big a cost right now. The president s closest advisers were saying, dont go off the rails and take questions. He immediately went off the rails and spoke little about infrastructure. Ceo tim cook says he did not join in the first place because he doesnt find it productive. Much they arehow participating and how much it is worth anyway. Cory johnson, editor at large, and Kevin Cirilli following the action at trump tower. Thank you for that update. Amazon is selling bonds to finance the 13. 7 billion acquisition of whole foods. People with knowledge of the matter say the online giant sold billions of dollars in unsecured bonds. It is the fourthlargest jumbo deal year to date. The first bond market for a for amazon since 2014. Up, weighing in on the hot topics in the Tech Industry right now, including the contentious relationship with the white house. Bloomberg technology, is Live Streaming on twitter. York,us out 5 p. M. In new 2 00 p. M. In San Francisco. This is bloomberg. Emily the first ceo president is losing more ceos as advisors amidst controversy surrounding his reaction to violence in charlottesville, virginia. Several ceos have made their earlier this year following disagreements over the president s approach to immigration and climate change. Here to weighin is keith rabois from khosla ventures. I cant hear wait to hear your reaction. The president just had a very contentious press conference in which he blamed both sides from what has been happening in charlottesville. I know you, over the course of your career, have been a free speech crusader. What do you make of all this . I think the president is clearly struggling with lots of issues. First of all, as i mentioned on this show two years ago, i think the president is sort of a sociopath. He is revealing under pressure his characteristics. Under pressure, people tend to reveal their natural characteristics. At the end of the day, when he gets attacked, he will punch back. None of his opponents are willing to punch back with him. Is playing out on an International Stage and it is not helping him. Emily where do you draw a line when it comes to free speech . Is it white supremacy, racism . What counts as crossing the line . I think people have a right for filing for a protest for any view in the u. S. What they dont have a right to do is instigate violence, and they dont have the right to have the president defendant. When i was growing up in the 1970s, there is a party that marched in illinois, a not the party, and the court said they had the right to march, but the president announced. Them denounced them. Free speech doesnt protect you ofm being on the other side liberty. Emily what do you think of the ceos saying, timeout, no more counsel for me. I think the difference between artisan and policy behavior, i dont think ceos engage in partisan behavior, but this was not a partisan issue. Lots of republicans, including conservative members, were very explicit in denouncing the violence. This is not partisan. It is President Trump and a small sliver of republicans and conservatives. Emily what is your take on how Tech Companies should handle speech like this . Yes you areitter racist account. I think most of the content companies have to be careful as they start deleting specific viewpoints. They run the risk of liability. Once you start pulling down pieces of content, youre technically liable for all the content on your site. Emily what if it is nazi content . There are some constraints, particularly inciting violence, but other than that, i dont think Technology Companies can censor these legally or prudently. Emily so you dont think they should . I dont think content should be censored. Emily ok. What is your take on this Google Engineer who was fired after he sent a memo circulated in the company suggesting there are biological reasons for the underrepresentation of women in tech and leadership . I think he made several points. I definitely believe google is an intellectual monoculture. What fraction of google employees voted for trump . It is probably 2 or 3 . It is not representative of the american people. That is a different point than what are the roots of employeebased and engineering based differences of google. Im not an expert at google or biology. I do think google is taking some risk in being very draconian about some views. I think personally if i was running the company, its ridiculous that anybody spends thousand rd words 10,000 words to distract the company. But google has these offtopic mailing lists. There is a general rule people should not be able to take Business Time and distract employees, regardless of views. Him the did speak to day after he got fired. Take a listen to what he had to say. It is hard to regret it, just because i do believe that im trying to make google and the world in general a better place by not confining us to our ideological echo chambers were only one type of story can be heard. Emily ideological echo chamber, political views are one thing. T do those political views what if those political views exclude members of the population . It would be inappropriate to write a religious crusade document on either side. Judaism, christianity, muslim, and publish it. But once they allow people to have a format in a mailing list that is openended, they are playing with fire selecting some views that are acceptable and some are not. It may be much better to say religion and politics dont belong in the company. Imagine a mailing list where people are debating abortion. They would offend both sides, legitimately right away. Everyone. Istract it would be acceptable for a ceo to say we are not having emails about abortion in the company. Thats not the reason for our existence. Emily final thought, should he have been fired . No. Emily why not . Googles culture, if you look at the Historical Context on the mailing list at google, they are wide raging. I only worked at google for two weeks, but fundamentally, i believe the mailing lists are. Retty wideranging if it was a different company, then absolutely i think it would be acceptable to fire him. Emily keith rabois from khosla ventures, joining me this hour. Coming up, steph curry of the Golden State Warriors has been busy investing in Tech Companies. Where is he putting his money . Well hear from curry next. This is bloomberg. Emily microsoft founder bill gates just gave away a sizable chunk of his fortune. A filing shows he gave away 64 million microsoft shares valued at 4. 6 billion dollars in june, making it the largest share donation this year it is also his largest. Singl donation in two years. He made the majority of his foundation to the bill and Melinda Gates foundation. To of the top players in the nba helped kick off the inaugural player tech summit here at our bloomberg office. Top leadersgether in tech, venture capital, and sports to exchange ideas. Cory johnson caught up with steph curry and Andre Iguodala of the Golden State Warriors who are cohosting the event. He asked about curries investment in pinterest. It is something i use, something my wife uses, so for me it was an opportunity that a couple years back, i waited to get some skin in the game. It is not something im involved in daytoday, but just to see the growth of the company and q1, q2,eedback of seeing how the company is doing, keeping track of it. I started with my Business Partner at slice. That was another early investment that i could follow and grow with. It has been fun learning from that and hopefully i can continue to grow my expertise in the investing game. Cory you are all over the place with some of your investments. Last time i talked to you, you talked about skincare products and a shaving company. You invested in a company that sounds like it is competing with bloomberg. Yes, a bond trading platform. You can do it globally across your phone mobile across your phone. When you think about Silicon Valley, you think about disruption, efficiency, and thats what it is. Bond trading hasnt changed since the beginning of time. You sign a piece of paper and give it to someone else. That was something that was approached to me in how to disrupt the market. The vision was great by ronnie matteo, who started it, and i have had good conversations with him. This whole thing for me pretty much started with an e trade account, and i started investing in a lot of Tech Companies. It was a perfect marriage for us to be aligned with the company like that. Cory i guess i should back up when you think about the history thereletes and investing, are bad stories that make the news, but there are bad stories. Your father was in the nba. I think about the athletes who have had fathers. Ken griffey jr. , he had a father that was a great baseball player. Of they have also sort probably raised their kids, remember that guy i used to play with, he blew everything. That was a notion of what nba players did. It is more sophisticated now. I would think so. We have been blessed to play this game and make a certain amount of money, and with a responsibility of, what do you want to do with it . You want to grow the money in a smart and responsible way. Things have changed. The tech space is booming. To find open doors to that space is huge, but finding people close to you that you can trust to give you the right guidance, not just blindly throwing money at a company or at an idea and takes, just because you have the prestige. You have to be smarter. Emily steph curry and Andre Iguodala of the Golden State Warriors. Go warriors. Continues toer rack up troubling headlines from being sued by one of its biggest investors to legal trouble in the u. K. We will bring up the latest. This is bloomberg. Got you outnumbered. The dinosaurs extinction. Dont listen to them. Not appropriate. Now im mashing these potatoes with my stick of butter. Why dont you sit over here. Find your awesome with the Xfinity Stream app. Included with xfinity tv. More to stream to every screen. Mark im Mark Crumpton in new york. You are watching bloomberg technology. Lets begin with a check of first word news. President trump returned to his assessment that there was blame on both sides, after he was criticized for comments following the deadly violence in charlottesville, virginia. The president spoke today at trump tower. Altleft thatthe came charging at the altright do they have any semblance of guilt . . Let me ask you, what about the fact that they came charging swinging clubs . Do they have any problem . I think they do. Mark former ku klux klan leader david duke took to twitter to thank the president for his honesty and her age honesty and courage. Reach a warned it could more advanced level if the u. S. Continues sanctions. President rouhanis remarks today were his most direct warning that the landmark Nuclear Accord reached with world powers in 2015 could fall apart. Ukraines Prime Minister says