To the Treasury Department to cover all of the expenses. House majority whip Steve Scalise reported to congress today, his first day at work since he was shot at a congressional baseball practice more than three months ago. The louisiana representative was welcomed back to the house with a standing ovation. A big three of former u. S. President s showed up at the Opening Ceremony of the president s cup, the first time three u. S. President s have attended the matches together since the golf event teed off in 1994. The pga preparing for a visit by trump on sunday. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Bloomberg technology is next. Emily im emily chang, and this is bloomberg technology. Coming up, toshiba seals the deal. An 18 billion agreement to sell its chip unit to a bainled consortium looks set to close. Rokus shares took off, despite being priced at the high end of the projected range. My wideranging interview with the ceo of microsoft on his new book and building upon the legacy of Steve Ballmer and bill gates. First, to our lede, the largest tech deal of the year is one step closer to being finalized. Toshiba has finalized an agreement to sell its chip unit to a group led by bain capital. The deal is worth nearly 18 billion. Toshiba needs to raise cash to pay for billions in losses in its u. S. Nuclear business or risk being delisted from the stock exchange. The Tokyo Stock Exchange. It includes tech heavyweights like apple, dell, and others. Even after months of contentious negotiations, the deal could still be in jeopardy, thanks to toshibas partner in the chip business, Western Digital. Joining me, ian king and alex webb. Ian, i will start with you. We are not close to a done deal yet, are we . Ian we are as close as we have been over these months. Weve had a signed deal almost several times. Western does not like this deal at all. Emily why not . Ian its very bad for them. Theyve said all along, the last thing we want is competitors in their annex. Emily why does apple want to do this deal . Alex it seems like some sort of widget in the iphone, but the reality is memory drives a lot of profit for apple. When you buy an iphone, youve got the base price. To get more memory, you pay 100 or more. Apple might be paying less than 20 for that chip. Its a big way of boosting the money they get from every single iphone. That is important right now as we see demand for smartphones flattening. Emily could Western Digital really hold up this deal . Whats happening right now . Ian they say they can. They are part of the joint venture agreement. They have invoked their right in california. In theory, that arbitration could decide whats going on right now is counter to the terms of their agreement and try to overturn it. Emily if indeed this does happen, is it enough to prevent toshiba from being delisted from the Tokyo Stock Exchange . Ian they have gained a lot of interim loans which are contingent on this deal being closed, that this money comes in. They also have some contingent liabilities regarding the nuclear business, which they have to cover. This money is enough, if they can get it done ahead of time. Emily weve been talking a lot about supply chain issues for apple with the iphone x. How would this impact their supply issues . Alex having this doesnt affect any of the recent supply issues, but ensures there are still a multiplicity of suppliers bringing these chips to the table. The reason they dont want to risk the memory chips, if there are fewer players in this place, if Western Digital was to get their paws on the business, apple is probably scared that the price would rise. Ian the biggest monster in the background is samsung, which has 40 of the market for these type of chips. You can imagine the type of deal they will be putting apple in, given that they are a direct competitor. Apple really needs to keep lots of healthy suppliers to counterbalance samsung. Emily put this in the Bigger Picture for us. If it happens, how does this affect the broader chip sector, where weve seen a lot of consolidation over the last year . Ian this helps things continue as they were. This isnt really a consolidation. If Western Digital had been able to succeed with what it was trying to do, this would be more consolidation, fewer suppliers. This would be not in the interest of apple and other big customers. Emily what are you hearing from the apple side of the equation . Alex they have confirmed that they are investing in this. Apples stake is going to be about 1. 47 billion. American companies are not allowed to have any input into the operations of the companies, so they will be a silent partner, but they are trying to help it get over the finish line. Ian to get this deal done in time, you need to go through antitrust approval in japan. If a Foreign Company has a bigger stake, that becomes harder. Theyve tried to divide it up between several companies so nobody has a controlling stake and there are no worries about japan losing its last great chipmaker. Emily any more clarity on what we discussed yesterday, the supply chain issues facing the iphone x in this moment . Alex the waters are still as muddy as ever. I am afraid we might have to wait until november 3. And see people getting disappointed. We are still trying to get to the bottom of it. Its very difficult to get behind that very hard, shiny, aluminum curtain. Emily alex webb and ian king, thank you so much. We will keep watching for this deal. Well, twitter has disclosed details about suspicious activity on the social media site during the 2016 president ial election. In a blog post, twitter announced it disabled 22 accounts after reviewing information from facebook showing connections to bogus 450 accounts on the companys social network. Twitter revealed an additional 179 related or linked accounts. Twitter executives visited capitol hill as part of the house and Senate Investigation into russian interference in the 2016 election. Democratic senator mark warner commented on the meeting, saying the briefing was quote, deeply disappointing. And that twitters response was inadequate on almost every level. Coming up, gopro unveils its most powerful camera yet. Could this be the key to the companys turnaround . We will hear from the ceo, next. We are Live Streaming on twitter. Check us out at 5 00 p. M. In new york. This is bloomberg. Emily taskrabbit has agreed to be acquired by Swedish Furniture and home Goods Supplier ikea. , the san franciscobased startup said it was exploring a sale after receiving interest from a potential unnamed buyer. Find the gig economy and will taskrabbit helped define the gig economy and will remain an independent entity within ikea. The ceo, philpott, will continue to run the deal. Terms of the deal were not disclosed. Gopro has unveiled the hero6, calling it the most powerful and convenient gopro yet. It is a product the company is betting big on. It also announced a consumer 360 degree camera will hit the market. Bloombergs selina wang spoke gopro Ceo Nick Woodman and asked what investors can expect will drive the longterm sustainability of growth. Nick we have to keep innovating and coming out with new and exciting products that excite consumers. I think we did that today with hero6 black and fusion. Hero6 black is the most capable and easytouse gopro we have ever made. Fusion pushes gopro into a totally new market with 360 spherical cameras. We think this is going to play an Important Role in the future of how people capture and share themselves. We also made important advancements with karma. It now has new features that allows it to film whats above it, which is unique in drones. Gopro is continuing to innovate and excite consumers. Selina how else are we going to see it evolve beyond the traditional action cameras . Nick well, a big part of gopros future is we now see a gopro as an untethered lens for your phone. What we mean by that is a gopro now automatically copies any new photos and videos you capture over to your phone and the gopro app creates a video for you. When you use a gopro, its like using a separate, untethered lens that offloads all of its footage to your phone. Really, a gopro is the ultimate capture complement to a phone. As we think of ourselves in that way and we think about new types of gopros, new types of untethered lenses, we think we can dramatically expand our market. Selina action cameras are maturing. Smartphones are getting even more durable and waterproof. Whats your pitch to those consumers who say we dont need another camera, my smartphone is good enough . Nick well, i think that a phone is a phenomenal camera. Its often in your pocket. Its right there reactively when you want to film somebody or Something Else happening. But theres a lot of activities where you dont want to pull out your phone. You want to be more in the moment, and you also dont want to film somebody else. You want to film yourself. And so, gopro, with its untethered lens strategy, we think that we can make lenses that complement somebodys use of a phone, but not required them to pull the phone out or have the phone on them. Selina the hero6 is using a customdesigned processor. This is the first time. Why go this route . What types of challenges are associated with making this yourself . Nick designing and developing a processor with a partner, as we did, theres always risks involved, but theres also a risk that when you are reliant on others innovation and ingenuity that they put into their own work, into their own processors we found that what we wanted to do with the hero6 black, we couldnt do with any other processor on the market. We had to develop our own. It allowed us to hit cost margins. We were able to hit performance levels that would otherwise have been impossible. Selina last year was a challenge. Nick we are taking our destiny into our own hands from a technology standpoint. Selina last year was challenging from a technical standpoint. There were some delays. What have you learned from those experiences to make sure this years products are seamless . Nick we are doing fewer things better. In previous years, we had other businesses we were running, like our media business. We had many programs going on and products that consumers never saw that were more targeted towards professionals. We cut all of that, and focused gopro on what it does best and what our whole vision and mission is, to help people capture and share their lives so that they can celebrate the moment in a way that they just cant with any other camera. Selina being a Hardware Company is very difficult. In the Public Market gopro , shares have fallen quite dramatically since the ipo, so what are investors missing . Nick we are growing again. The previous comp of 2016 people think unit sales are way down, volumes were higher in previous years. But what they need to look at volumes of our Premium Products , 299 and above are growing. We are selling more of the products that matter better margin for gopro and make us more profit. Gopro is healthy and growing. I think investors are starting to take notice. Selina lets talk about growth. Drones. Many say that the Market Leader has superior features and a similar price point. Given the market effect, how much of a revenue driver do you see drones becoming for gopro . Nick we are really excited about drones. Karma is doing well. It is a phenomenal accessory for the gopro community. It is very versatile, with a detachable gimble. Our customers have spoken. They really like that flexibility, versatility. Karma continues to get better. In a week today, we announced followme features as well as a look up feature, unique to drones. We will continue to innovate and advance our drone offering into what comes after karma. Emily that was gopro Ceo Nick Woodman. Famed investor jim chanos said in june that he would give up his short bet against tesla once begins making money. If so far, they are burning up cash, not profitable. Investors keep pushing back expectations for when the company will be profitable. Take a look at this chart, g btv 6411. Bloombergs whatd you miss . Spoke to chanos who said the that while elon musk made electric cars sexy, the profits are not there. Jim this company is supposed to be making money now. It is supposed to be making money now by 2020. Im guessing by 2019, we will hear, by 2025. This company is structurally unprofitable. Its capital structure is way too leveraged. Emily chanos also discussed bitcoin, saying the allure of the cryptocurrency is to use it in the black market. More on that on friday. We look at how wall street greeted roku, next. If you like bloomberg news, check us out on the radio. Listen on the radio app, bloomberg. Com, and, in the u. S. , sirius xm. This is bloomberg. Roku lets talk about now, which went public today. It was a good day for roku. What happened . Billion insed 219 their ipo. A good tech deal after a couple of flops this year. It was good timing for them. You know roku as the device seller. They sell the boxes where you can stream video from things like netflix and things like that. Outside of the device, they are making a lot more money and what they call platform. I asked the ceo why this is a bigger thing for him. Take a listen. The fastestgrowing content is adsupported content. One of the top terms that consumers search for is free. We are transitioning from mainstream tv viewing via linear to overthetop. As consumers move their viewing more to overthetop, they want a few xbox services, netflix, amazon, but they won a lot of free, adsupported content as well. Alex those advertisements are where roku is making more money. They are pushing for selling ads within the videos online, not just taking a cut of the subscriptions from the likes of netflix or hbo. Emily how does roku plan on competing with the likes of apple and amazon . Alex i asked the ceo this question. He told me while they are number one right now and they will continue pushing that position, they dont rely on marketing. They like customer reviews. They are relying on their current status and also the fact that their platform is basically the switzerland of streaming. Any channel can get on them. Amazon prime, users can queue up their videos via roku. Same with netflix. If you want espn live, you can do it on roku. The likes of apple and amazon do not let everybody on to their platform. You get it all if you come through roku. Emily if they are switzerland, who are the competitors . Is it apple, amazon, someone else . Alex it is apple and amazon and watching on other devices. Roku doesnt have a tablet or mobile offering right now. A lot of cord cutters are watching more video content on those devices where they dont have a play. Their bet is still the people like to watch longform video on the tv. Whether or not that plays out, i know their new public investors will be watching that battle closely as well. Emily day one of this ipo, successful so far. Others have not been so successful this year. How are investors watching this, with regard to the broader Public Market . Alex its been slow. Im here, talking to my sources on the ground in san francisco. People are talking about 2018 as being a big year, which is disheartening for the ipo reporter and the likes of the folks in this round. We broke news on quantergy. You have some smaller names that are preparing, but these are not the big, blockbuster deals that you want. The number one one that i will be looking for, the big one, is still going to be dropbox. Emily is that happening this year . Alex we have said they could file as soon as this year, so thats where the situation stands. That will probably be the next biggest ipo. We are also watching spotify and that potential direct listing. Emily alex barinka, great to have you here. The story we tried to tell you earlier, e. U. s commissioner for justice has said facebook has become a, quote, highway for hatred. She deleted her official facebook account because she was tired of being trolled. She then announced new e. U. Guidelines, urging companies to do more to tackle terrorist content and hate speech. Speaking with me last week, she explained what the e. U. Did not want social media space to become. We want in the European Union to have internet which will be hatefree and which will not open the space, i would even say, highway for hatred and inciting violence. Emily coming up, my wideranging conversation with ceo Satya Nadella. We turned back to 2014 when he first took over the tech giant. A feature i want to bring to your attention, our interactive tv function. Watch us live. If you miss an interview, you can go back to it. This is for bloomberg subscribers only. Check it out. 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. And 12 29 p. M. In tokyo. I am Tom Mackenzie with first word news. In japans latest economic data, industrial output grid a group more than expected in august, up 2. 1 percent from july and 5. 4 from last year. Inflation moved higher. Core Consumer Prices rising 0. 7 on the year, the most in two years. Retail sales fell 1. 7 from july, the first drop in three. Toshiba has signed a final agreement to sell its flash memory unit to a group led by bain capital for about 18 billion. Apple,sortium includes dell, and sk hynix. Spain is said to be aiming to take the unit public in two or three years. Toshibas estranged partner Western Digital tried to buy the deal itself. The plight of muslim refugees in myanmar has become a human rights nightmare. More than half a Million People have fled their homes in the northeast and are living in squalor in bangladesh. Urged myanmares to end military operations, saying the crisis is a breeding ground for militarization, crime, and traffickers. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Bloomberg. I am Sophie Kamaruddin with a check on the markets. Asian stocks have a slight gains after a sixday drop. Shares in singapore and tokyo leading the decline in the region. The nikkei 225 shrugging off the largely upbeat data we got for august. Chinese Consumer Staples are leading the rise in shanghai as well as in hong kong. Shanghai, the shanghai composition headed for its best quarter since 2013. A septemberting is putting a stop to the eightmonth rally. Stocks in jakarta are leading gains. They are trading at a strong discount compared to the rest of asia. These are among the best performers in the em fx space. A lot of the rupiah is gaining ground. Is having its worst week since november. The yuan is taking a tumble today. It is extending its weekly loss, which is the biggest in asia. In the commodities space it is a mixed bag. Forer gaining ground, set the best quarter this year and longest run of monthly wins a since 2010. Iron ore is on the up, first backtoback quarterly loss in some time. Gold is back 0. 2 . This is bloomberg technology. Im emily chang. When Satya Nadella took over as ceo of microsoft, he had big shoes to fill. Microsoft cofounder bill gates was leaving his role as chairman. His bigllmer, known for personality, was moving on. What is lesserknown is how nadella made it from india to microsoft, joining the company back in 1992. In his first book, hit refresh, he sheds light on his life, his career at microsoft, and how Artificial Intelligence will shape the future. Index in this weeks show i , asked him about his transformation from being what he described as a not so ambitious student to ceo of one of the Biggest Tech Companies in the world. Satya i was not really planning on looking back at my life. I was mostly thinking about, hey, whats the transformation we are going through while we are going through it, because that was the real motivation. But with some encouragement, i went back and tried to sort of trace what are these hit refresh moments from my past. I think the thing i now recognize more so than when i was growing up is, the space i got. I think that the ability to think for yourself, the ability to follow your own passion vs. Trying to fit a particular mold, in the long run has been more beneficial than any Academic Excellence in the short run could have. That, i think, is something that i now think is perhaps as important, as we think about all of what we say is needed in education. Emily the most powerful moments for me in the book are the family moments. Its really a love story for your wife and your children, your son, who was born with severe cerebral palsy. How has he changed you as a person and as a leader . Satya when he was born, i was 29. If you had even asked me, just the night he was born, a few hours before, what was going through my head, i would have been more, when is my wife going to get back to work as an architect or is the nursery going to be ready, how are our weekends going to change . Yet that night, everything changed, when he was born, because of his in utero asphyxiation, he had brain damage which led to cerebral palsy. For the first couple years, i must say i struggled with it. Everything that i thought was my plan, in some sense, fell apart. It was all about me. Why did this happen to me . Why did this happen to us . It was only watching my wife and what she did she immediately, just the very next day after her csection, she stepped up and started caring for him. In some sense, over the years, without actually schooling me, she schooled me that Nothing Happened to me. Something happened to him. And i needed to step up as father. That, to me, is perhaps that most tough lesson that one in that life teaches you, to be able to see life through others eyes. That, to me, where a bit more of the need for empathy comes from. It definitely changed who i was as a person, whether its at home or at work. Emily in working with bill gates and Steve Ballmer over 2 1 2 decades, what are the things you want to emulate and what are the things you want to do differently . Satya i think both bill and steve one of the things that is just pretty stunning to me is their intellectual honesty. What i mean by that is their ability to see things, good and bad, but, most importantly, things that need to be improved, with such clarity. And ive always felt that at microsoft there will be lots of people who would run around wanting to be like bill and steve, except that we would not have that same level of intellectual honesty. But that is just such a high standard. And, more importantly, such an inspiring standard they set for all of us. Emily so, you know, when you came in, you got the job and you said, look, theres a lot to fix at microsoft. The company is sick. The company has lost its soul. How do you come in and say, everything needs to be fixed, without offending them . Satya the courage to be able to both look at what needs to be fixed and also recognize what is good theres smarts for that. It is something i learned from them. Bill, in his forward, probably captures the logic of hit refresh the best. Its not about changing everything. Its about changing what needs to be changed. Therein lies the trick. They were very clear. In fact steves last piece of , advice to me was be your own person. Im a consummate insider. I grew up in the company that paul and bill founded and that steve and bill created. To me i was part of that same , journey. Im proud of that journey. Yet i have the outsiders perspective, as best as one can have having grown up there. To be able to say these are , things that we absolutely need to change. Emily when you and bill gates disagree, what happens . Satya today bill is very clear. Im the ceo. Bill can give me the most critical feedback, but its up to me to make sure that im leading the company, so there is no confusion on that, but i value, quite frankly if bill disagrees, its probably something i should look at again. Emily much more of my conversation with Satya Nadella coming up. Apple is being urged to activate an iphone feature that could save lives during a national disaster. Mobile phones come equipped with an fm chip. They can help them keep up with emergency information. However, that feature is disabled in iphones, a move that lawmakers are saying could put lives in danger. Florida senator bill nelson is toding pleased to pleas activate those. Most of the pleas are directed at apple, who accounts for more than 40 of the u. S. Smartphone market. Coming up, more of my conversation with Satya Nadella, ceo of microsoft, including what he thought about his meeting with President Trump. This is bloomberg. Emily now, back to my sitdown with microsoft ceo Satya Nadella. The company has been very out front in opposing some of President Trumps policies, from the travel ban to daca. I asked nadella how he decides when to push back. Satya it comes down to what are the timeless values that then have to translate into these principled stands we take. When it comes immigration, making sure we do everything to protect our employees who are contributing not only to microsoft, but to the american society. In the case of dreamers, taking a principled stand. Thats how we pick these issues. But at the same time, we are not elected officials. I dont have a mandate. We are clear that ultimately we are subject to laws, but we will fight for what we believe is the right of our people. Emily weve seen the nfl getting pushback for pushing back against President Trump. Starbucks has gotten pushback from shareholders. Have you gotten any of that from customers or the board . Satya perhaps the biggest recognition, if ive learned one thing in my 3 1 2 years as ceo, is the true multiconstituent nature of the job. Its not as simple as making of it as just the shareholders, just the customers, just the employees, just the government. Its all of these simultaneously all the time. For a Large Company like ours, a large, Multinational Company like ours, really balancing all of this is what is required. Emily youve met President Trump twice now. Whats your impression . Satya both times the conversations were all centered around my conversations were around immigration and why i think immigration and Immigration Reform can drive american competitiveness, making the case for it, as well as the need for american infrastructure, in particular digital infrastructure. Those conversations were good. He was receptive to those ideas. Now we need to keep working and making sure that there is action on it. Emily we are seeing drive to further regulate the Tech Industry, from google to facebook, from the u. S. To europe. Are you concerned about the threat of increased regulation . Satya i think the most important thing for Tech Companies is not to worry about any impending regulation. You have to be able to look and say, like in our case, in any country, whether its the u. K. , germany, china, or the u. S. , how have Small Businesses become more productive . How have Large Businesses in those companies become more competitive . How does the Public Sector become more efficient . That, to me, is ultimately how i think we have to measure our success. Thats whats going to cause governments to say, are these companies contributing or not. Emily do you think Tech Companies should do more self policing . Satya the pace of change is such that we absolutely are going to look at the unintended consequences of technology and make sure that we do not trade away some of these timeless values as there are advances in technology. Long before even regulation, its important for Tech Companies to, quoteunquote, self police. Or build of tools that create transparency make sure that , peoples privacy is protected. Emily there has been a spate of Sexual Harassment allegations in tech, many revealed publicly, many more im sure happening that we dont know about. What is the responsibility of the Tech Industry here . Satya first, lets start with recognizing how important it is for our business to have the Diverse Workforce that is then able to do their best work, but that means you have an Inclusive Culture so the you can create the products and services that can serve the world. At microsoft, we talk about our mission is empowering every person and every organization. It has to start with representing every person and every organization. If you recognize that importance, then you will go to work, like we are, in saying, ok, whats the representation . In our case, womens representation, which is low weve been pushing hard in the last couple of years. Weve gone and improved it by a couple of points to 27. 7 , which is nothing to write home about. We have a long way to go. Again, from a much lower base. But the thing that all this conversation in the Tech Industry is, i believe, the best thing that can happen for this industry, because we are now going to tackle fronton, without having this be something that is not talked about. What about inclusion . Its not just the numbers. The numbers dont happen on their own. It only happens when people feel they can in fact bring their a game. Emily you made a much criticized remark at a conference in 2014 about women seeking pay raises. You said, its not really about asking for a raise, but knowing and having faith that the system will give you the right raise. You apologized, spent four pages of your book talking about why that was wrong. How has that experience informed your views about revealing your own implicit biases and others having the same sort of awakening . Satya to take a question at a womens conference and answer it literally based on ones own experience, especially sitting in the seat i sit in, its just nonsense. Because what was behind the question is, what are you as the ceo of microsoft going to do to make the system be more fair, so that i get the opportunity to do my best work . That, to me, is the real awakening. And thats what i went back and said, wow, how could i not get that, the deeper sense behind the question . For me, ive used it as a learning opportunity. For our company, i think we are better off because of my real public messing up of that, because we take it seriously. Ive had a chance to learn a lot from it. Emily that was microsoft ceo Satya Nadella. Coming up, what he has to say about Artificial Intelligence and the importance of hardware to microsoft. This is bloomberg. Emily returning now to my conversation with microsoft ceo Satya Nadella. The company famously struggled to make smartphones, but continues to push forward with other gadgets, such as the surface laptop to the xbox. I asked how important it is for microsoft to keep making its own hardware. Satya you know, to us, one of the key things, if youre serious about your own software, you make your own hardware. I think there is some truth to it. We will always invest in hardware to create new categories. Emily would you ever make a phone again, and under what conditions . Satya one of the things weve said multiple times is what is needed is for us to not be obsessed about categories that are well served. Not at least on current rules. What is considered a phone today will be very different in the future. The question is, is it a mobile device . It is untethered, batterypowered. You wear it on your eyes. What is the future of those kinds of devices . For me, microsoft will always be in the end to end computing experiences business, but our goal is to invent categories and reinvent categories. Emily you talk about three big strategic bets for the future in your book, mixed reality, ai, and quantum computing. On the issue of ai, are you at all concerned that google, facebook, amazon, apple could outpace microsoft on ai then become dominant in this ai future that we keep hearing about . Satya to me, what is microsofts approach will be all around how do we take ai . Today, everyone says, look at me, how cool i am because of the ai capability. Thats not how microsoft approaches any problem. Its not about any parlor trick of ours. The most important thing to us is, are we democratizing so that every customer of ours can build their own ai . If we are going to have this industrial revolution, we better figure out a way to democratize it so that every company, whether its a small nonprofit or a large multinational, can use ai in the context of their endeavor. Thats kind of what we want to do. Emily is elon musk right to be warning about the dangers of ai, whether its in military applications or otherwise . Satya with any new technology, there is a lot of good that comes with it and we should first grab hold of it and then eyed about any unintended consequences. Weve got to be able to use ai to first help empower humans, but, that said, wherever ai runs amok or we lose control, that could be dangerous. So, i think the first responsibility we have is, instead of thinking thats going to happen, let us enshrine a set of design principles. I think we should not abdicate our responsibility, like good user experience, there is such a thing called good ai. What is the need of the hour is for us to enshrine those principles. Emily robots could take over the world, but hopefully not. Satya it is up to us. Emily what is one product that the competition got to first that you wish microsoft could have invented . Satya there are many products. I wish we had gotten into the relational database before oracle. If you think about one of the most amazing pieces of technology or before ibm. I dont worry as much about looking at the product or the technology somebody else got to. The question is, are we able to go back to that sense of purpose that we have, of what we can do with the technology. It has to be something that fits with our identity, even if somebody else gets to a quantum computer first, what are they going to do with it and what we are going to do with it is probably going to be very different. Emily you now build many of your products for several different operating systems. What is the future importance of windows to the microsoft future in general . Satya windows there are billions of users of windows. 300 million pcs got sold last year. It continues to be a very significant part of what we do, but its not the only part. I think thats the change for us, which is we now have a much more diverse, robust business. We have xbox and gaming, which spans pc gaming and console gaming. We have more than 55 million xbox live subscribers. We have windows. We have our office 365. We have linkedin. Microsoft is a much more diversified portfolio. With linkages between them. Thats how i think we are going to keep going forward. Emily my conversation there with microsoft ceo Satya Nadella. That does it for this edition of bloomberg technology. This friday, we will be speaking with the ceo of Hotel Tonight as the site gets ready to beef up competition with expedia. Check us out on twitter at 5 00 p. M. In new york. This is bloomberg. So new touch screens. And biometrics. In 574 branches. All done by. Yesterday. Banks arent just undergoing a face lift. Theyre undergoing a transformation. A data fueled, security driven shift in applications and customer experience. Which is why comcast business delivers Consistent Network Performance and speed across all your locations. Hello, mr. Deets. Every Branch Running like headquarters. Thats how you outmaneuver. The following is a paid presentation. 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