But first, to our lead. Russian bots were found to be targeting certain hashtags, including gun control now, gun reform now, and parkland shooting. It makes compromise even more difficult. This has happened with past issues like that nfl anthem debate and the 16 president ial election. This ultimatum ultimately led to robert muirs indictment of 13 russians. Facebook and twitter are doing more to expose these bots and fake accounts. Are the tech giants doing enough . We spoke to the senior policy advisor for the counter extremism project from washington. Not only did you see that russian bots come out in full force after the tragic of it in florida, but you also saw the miller indictment Robert Mueller indictment. The Tech Companies have a number of problems on their hands. Divisiontry to create with divisive rhetoric and fake news conspiracy theories. The real concern here is that the same tactic and strategy is going to be taken again in the samerm election and the tactic is also taken by terrorist organizations on the platform. Right now isseeing another area that russia is trying to exploit. They clearly have the ability to do so despite the minor reforms that were made. Ticket take us through it step by step. Someone at the project who has been tracking this and he says it was almost exactly the same as what happened in vegas. The bots are tweeting and returning the breaking news read tweeting the breaking news tweeting the breaking news. By date three they start to promote conspiracy theories. This is something that we have seen over and over again. You mentioned earlier the nfl anthem issue and the president ial election, so the fears that this playbook will be applied to the midterm elections coming up. How big of a concern is it that this could move to fabricating reallife events. We now know that the russians were behind creating a reallife islam protest in in texas . Could we see more of that . Absolutely. It is easy and they have been affected. GetTech Companies need to down content that violates their terms of service, and there are other measures that they can take. You arent going to be able to control every individual does online if they do not cross a particular threshold. Congress is pushing them to take certain measures going into the election. Bots stillre so many operating on these platforms . If twitter was serious about that measure, i have seen a Different Levels of reporting, i think 15 of accounts are bots. In any case, there are enough that there are they are amplifying the messages of these Counter Intelligence operations, russian propaganda that may influence our elections. There are clear measures that they can take to crack down on this, unfortunately we have not seen that yet. You cover twitter extensively. How are they actually cracking down here . Twitter is doing all that it can come but they have multiple constraints. They have had financial issues. They also they only recently just reported their first profitable quarter. Actuallyot heard them take steps to hire new people to address the problem. Another issue is that even though these algorithms that twitter has are getting better, these bots are changing their tactics much faster than twitter can keep up. I spoke to some who used to work there who describe it as a whackamole problem. Thats the challenge that they are up against. They have made steps for transparency. Theyre standing an advertisement they are starting an advertisement transparency center. They are going to try to keep it as free from russian meddling as possible. When you hear that twitter is doing all that it can come do you agree can it, do you do you agree . Theseyou look at companies and the amount of money and the size of these companies they are sort of technical wizards. They are able to do a lot with your data when they want to do a lot with your data, and i think they can address some of these problems. Particularly when the line is been crossed, and i would argue that laws are being violated, in terms of what was happening with ad buying. Companiesink the tech are going to have the luxury any longer of being able to operate in this free space where laws are potentially been violated being violated. I think what is going to happen here is that you are going to see not just the public start to get fed up with it, but your sink other parts of the private sector, most notably advertisers, threatening not to buy advertisements on these platforms. To be frank, at companies dont running onisements platforms where there is russian bots undermining our elections. It is bad form for advertisers. I think you are going to hopefully see the Tech Companies step up. I think your seeing pressure out of the u. K. They crawled tech executives here in bc grilled tech executives here in d. C. Robert muir has indicted hurting companies and three individuals enrolled Robert Mueller has indicted 13 companies and three individuals involved in russian meddling. What russia is doing is much more sophisticated than what congress could have even imagined. I think that made these Tech Companies and congress fearful. They had very sophisticated measures to try to cover their tracks. They were buying servers in the u. S. , computers here, and all sorts of very sophisticated tactics to cover up what they were doing. You are many tactics that these companies could employ that they are not doing. Someone from the Foreign PolicyResearch Institute said that twitter should ban all social bots. This is not something that they would do, but there are obviously more drastic measures that they could take. These Companies Need to integrate and talk to each other more, and have some sort of shared database about these bots , and figure out how to target them more effectively together. That was the senior policy advisor for the counter extremism project. The federal Communications Commission officially published that they are rolling back obama era Net Neutrality rules. The move is likely to open a floodgate of legal challenges from parties opposing the changes that empower Internet Service providers. Mozilla and vimeo have already filed challenges to the secs repeal. A loss for at t and its time warner deal. Says itice department does not have to identify if there were communications between the white house and jeff sessions. At t has suggested that President Trumps addict dislike of cnns way to the decision cnn suede the decision swayed the decision. Elon musk looks to offer Broadband Internet around the world. That story next. How Silicon Valley can push back on income inequality. This is bloomberg. Apple is in talks to buy supplies of cobalt. It is one of the Worlds Largest users of cobalt for its gadgets. It wants to ensure it has enough of the key ingredient in the midst of it shortage. X rocket carrying three satellites roared into space yesterday. It is part of a system that would provide Internet Access to remote regions. This particular launch is exciting for a few reasons. One is that it carried two of their the test satellites for mega megacorrelation constellation. It is going to give people options to the current cable providers. Most importantly, space x is still going to mars, so this is going to be a key piece in their financial architecture that is going to get them there. Talk to me about this effort to bring Internet Access to the farthest corners of the world. Is this something that this is something that other companies have shied away from. How is what elon musk is doing is doing different . De antellites provi alternative that go beyond the uav based and balloon based things that we have seen previously. Typically these communication satellites are in geostationary orbit. That is very high up. These 4000 satellites going to be much closer to the earth, which gives you a smaller distance that the signal needs to carry. This is going to be incredibly fast broadband connection to the farthest reaches of the planet, on par with new Communications Innovations coming online. , alsoh of these launches there are new learnings and progress when it comes to rocket reasonability. What did we see here today . This is very cool to see. Space x continues to push boundaries and keep us all interested. Even in the shuttle and apollo years we sought viewership start to fall off, and it is because people want to see what is coming next. Spacex continues to push the envelope. That shield the satellites can back to earth and they attempted to catch them with a giant net on a boat. They missed, but they came very close, and it seems like they have a good plan to catch them next time. They talked about space entre nous are ship at the Space Council meeting entrepreneurship at the Space Council meeting. What kind of progress are using seeing there . Ou it was good to be in the room yesterday to hear the conversations. It is good to your the emphasis on streamlining regulation and licensing. The future of space is commercial. Focus in thatg meeting was really about space entrepreneurship and how the government can continue to partner with them as a customer. Mode, mode, given mood, given the messaging from President Trump . Thet is good to hear government getting on board with that message. I think the data is starting to back up the story here in a major way, and i think we have reached a Tipping Point where the government has really started to pay attention. What are the safety concerns and regulatory concerns that you expect to see popup . Net is a great one with the spacex watch that we can talk about. One is the fcc licenses for spectrum. This unprecedented amount of data back down to earth, and then also how do you navigate the ever increasingly crowded highways in space . Space is very big by a lot of the key orbits are in demand, so how do you monitor all these things . They provide a lot of opportunities for startups. We are seeing startups address a lot of these concerns with Laser Communications to bypass the radio frequency spectrum, new communications that allow them to steer them electronically, where debris tracking seeing Companies Come in and really do this in a way that we have never sink before never before. Anderson, space angels ceo. Chris hughes joins us on his new book. Why he says the American Dream is on life support. If you like bloomberg news, check us out on the radio. You can listen in the u. S. On sirius xm. This is bloomberg. Emily japans softbank is working with nomura on what could be in 19 billion ipo. Softbank may market most of the offering to japanese individuals. That ipo would be japans ingest and two decades two decades. Since stepping away from facebook, hughes has become increasingly aware of what inequality in the United States. We caught up with him and began our conversation on his new book about income inequality. Take a listen. I do think that my story is unfairness atan work in the American Economy today. Three years worth of work can lead to have a billion dollars in financial reward should give people pause, particularly in a moment where medium median wages have not budged in 40 years. We have not created fulltime jobs in decades. Work has come a part and income any quality is only getting worse. It is important to be honest about the unfairness at work in er to assure is assure. R us into emily why should we listen to a 1 er about this . A lot of the people i grew up with have told me the American Dream is on life support. 400 in thet find case of an emergency, you cannot find the gas money to go interview for a job, for child care, health care, all of these sorts of things. A lot of us on the left and right are asking what we can actually do about it to change it. That is where i think the guaranteed income comes and comes in. Wealth,s you came into how did that shape your ideas about any quality . Did you have your own personal transition. I think particularly in my case where we started facebook and over the course of nearly a decade it grew and grew and grew. Wasseveral years after i not at the company. I was working on different projects, i was working for president obama, i was doing a lot of different things, and yet the world kept growing wealth cap growing. It gave me pause. Way after personal facebooks ipo, my husband and i decided to give away the vast majority of this money come up because it feels like it is the only way to address the money, because it feels like it is the only way to address the unfairness. Emily tell me about that discussion . You think about where this comes from, where did i get it, why did i get it, and what i owed this to particular people. There is a sense that we should always think about what we are one another. Emily Silicon Valley has created an kirk muller an incredible amount of wealth and somewhat say it comes with a sense of entitlement for some of the richest people. Do you think Silicon Valley is too arrogant these days . I do think there is a sense, particularly among people who have made a lot of money, that it is all because of ones own actions. I think we tend to underestimate the power of these macroeconomic forces behind it all. Things like automation, globalization, the rise of finance. Over the course of 10 years before it went public, facebook raised over 500 million in venture capital. That kind of financing was not possible 30 or 40 years ago. It is specifically because of financial changes that we made in the 1980s. Emily in the meantime, the birth has raised uber has raised billions of dollars. There are many things that are happening that are creating this wealth in addition to anyone individuals contribution to it. Emily Silicon Valley often prides itself on being a meritocracy. Do you think it is a meritocracy . Chris i think we love the idea of meritocracy in america, this idea that one person can work her way up and be successful. Mark zuckerberg said it in a speech that the fact that he was able to learn how to code in high school was because his parents had jobs was an incredible lucky break that made it possible to be at harvard and to create facebook collectively. I think it is a complex interplay between the role of luck in the role of work and the role of work. All of these successes are you competition about. Emily that was facebook cofounder chris use chris hughes. Rubric ceoak with and microsoft chair John Thompson next. All episodes of Bloomberg Technology are Live Streaming on twitter. This is bloomberg. To the beste back of Bloomberg Technology. Rubrik has grown rapidly since being launched in 2014. It hit unicorn status last year and still interest from investors. Now it is picking up the momentum with the help of microsoft chair John Thompson, who is advising company. We spoke with rubrik ceo and cofounder. We built rubrik to have a Single Software fabric that goes from one premises to the cloud. This unique architecture has made rubrik into one of the Largest Enterprises for people that want to manage their data. Emily what stood out to you as special here . John every 15 years or so there is an Inflection Point in every segment of our industry. No innovation had ever entered this particular segment for the last 20 years, so my view was it was time. When i got introduced to him, i thought why not make an investment into him . It is time for a change in the sector. Emily why is this versus what amazon or microsoft better than what they have to offer . Just because applications run in the cloud does not mean that the need for Data Protection management goes away. Amazon and microsoft have a Deeper Partnership with rubrik and we go to the market together. Emily who is going to own what . When does the partnership not make sense . When does it make sense to own as much territory as possible . Clear, the would customer owns the data. As time goes on it will become an issue of, who has the strongest share in the enterprise . Clearly microsoft has a pretty strong position. Aws has done very well. With earlystage Companies Looking for a cloudbased platform, for those enterprise customers who really want to move their data and apps to the cloud, they have chosen to opt for microsoft as opposed to other alternatives. I think it is a good thing for microsoft and to those clients as well. Emily what does it mean for the up and comers like rubrik . Rubrik knowledges and recognizes that a certain amount of the data is going to remain on it and a certain amount of it is going to move to the customer cloud. Emily where do you see the cloud industry going . There is all this talk about hybrids, but at a certain point, again, it is about ownership, right . Which clout will be bigger, private cloud or public cloud . Will this hybrid model endure for the longterm . At rubrik the way that we think about our business, we want to manage customer data, enterprise data, whatever their data is, it really does not matter to us. What were seeing in the marketplace is Large Enterprises are looking at public clouds and asking, how do i gain a profitability by going into the cloud . Rubriks growth is kind of based on the growth of the public cloud. A new cfo and john join me on the board joined me on the board. Variousnvisioning that companies will rock to run the application want to run th