Transcripts For BLOOMBERG Bloomberg Technology 20240713 : vi

Transcripts For BLOOMBERG Bloomberg Technology 20240713

We are standing by for the daily task force briefing. Hear that President Trump recently spoke with Vice President joe biden. Also, u. K. Prime minister Boris Johnson has now gone into the icu. Positive 10 days ago and his symptoms have only gotten worse since then. Rosalind joins us on the phone from london. What do we know about the Prime Ministers condition at this late hour . He had been isolating himself at home for 10 days now. He was attending meetings by video link and sending selfie videos to the public even though he was clearly ill throughout. Concision his condition worsened. He has been transferred to the icu conscious, but as a precaution in case he needs ventilation. That has been a pattern for some patients were around the 710 day mark they take a turn for the worse. They say these are precautionary steps. Emily he did tweet this morning. He said, last night on the advice of my doctor, i went to the hospital for tests. Told dominic raab, the u. K. Foreign secretary, to deputize in his absence. What has raab said . I know we heard a little bit from him just about an hour ago. The foreign secretary stepping in temporarily. Saying that his focus remained on the coordination efforts to combat the virus. Raab said that Boris Johnson was in good spirits but that he has not spoken with the Prime Minister since saturday. That means no instructions or guidance. This is coming at a time when you are seeing real signs of tension within the government here after the containment measures between some of the economic members of the government and those on the health side. Raab will have to deal with that while dealing with the high level of concern in the government about Boris Johnsons health. Emily how does this play into the broader question of healthy u. K. Has handled the virus . I know they were slower to put shelterinplace orders into place, certainly long after italy and spain saw some of these devastating numbers. Rosalind there are questions for weeks about the way that the British Government chose to respond. Boris johnson initially championed a herd mentality approach to slow the virus down so the community has more time to build immunity. What that has meant is no widespread testing. People told to stay home if they had symptoms. Eventually, the government moved 20 four lockdown of those in schools, businesses. Since then, there has been further criticism that the testing effort has struggled to take off or be rolled out as quickly. Of fairly perhaps chaotic management going on within the u. K. Government. Talk about the coordination and planning in place as you understand it is the u. K. Has yet to hit peak infections. The Prime Minister in the icu. What was the pen going into this for healthy u. K. Would handle the next few days or weeks . Rosalind they probably 710 is away from being able to call a peak. Earlystage green shoots with the number of new infections, the pace of that as well as the pace of new fatalities. People are saying it is way too soon. People are saying the next seven10 days are crucial. Theygh that period, promised to ramp up testing. So far, they are not really hitting those targets. There are questions about the ability to do that. The question, whether the lockdown is extended, and it is quite possible they will keep some measures in place beyond the initial period. Emily again, u. K. Prime minister Boris Johnson in the icu after his coronavirus symptoms have worsened. Thank you so much for that update. Coming up, we will take you to the front lines of doordash and speak to the ceo exclusively. We will also take you to washington and the White House Press briefing. This is bloomberg. Emily welcome back to bloomberg technology. I am emily chang. Doordash, the biggest food delivery app in the United States has been a central with people sheltered in place, ordering food, ordering also from convenience stores. I want to bring in the ceo for an exclusive interview. Tony joins us on the phone good to have you back. It certainly feels like we are in a horror movie. I know you have made a lot of changes to keep operating, to keep food, keep food coming to customers. Give us a snapshot of where you are today, what business is like, and what you are doing to keep continued Safety Measures in place. Tony good to be with you, emily. I would say that right now is the time where, starting with local businesses, those are the people that need us the most. First and foremost, while this is a Public Health crisis, we have to make sure that we do our best to avoid an economic collapse. Recognizing that local businesses are the lifeblood of the economy, getting them sales are a top priority. And of course, we want to make sure that everyone is safe. This is why we are defaulting every delivery to contactless. It is why we were the first platform to ship 1 million and sanitizers and gloves. Masks will be coming soon. For customers, we want to make sure that everyone can get the essentials they need while doing this in a way that supports the most vulnerable first. Emily i have been trying to order as i can to support local restaurants. As a customer, even though you are doing all of these things, i still bring the food inside and look at it skeptically like, should i eat this . How can you assure me or your customers that this is safe . Tony i think to start, if you look at some of the guidelines that help organizations, whether it is the cdc or fda have published, this is not a foodborne illness. This is an illness that transports largely through the air and there is no evidence found that deliveries are unsafe. I think, secondly, we are doing all that we can to make sure that this is as safe as possible. We are defaulting every delivery to no contact. We are making sure that dashers are equipped with gloves, hand sanitizer, and, soon, masks. We are making sure workers follow social distancing guidelines as well as making sure the packaging comes in tamperproof packaging. When you compare this to the alternative of going outside and shopping on your own, this is a fairly safe alternative. Delivering from convenience stores, meaning you can get limited groceries and other items as well. I checked earlier today, i could get stuff from 7eleven but not from safeway, for example. How is this new offering going and how do you see expanding it . People really want some other options in terms of grocery deliveries because the current options are overwhelmed. Working as quickly as we are able to make sure local businesses can come online. We have started doing some of this, partnering with almost 2000 locations that offer convenience items and essentials from places like 7eleven, circle k, wawa. We are starting to partner with grocery stores. We have been longtime partners of walmart we have since added other groceries. A lot of other grocery deliveries are discounting, especially those customers coming from the Elderly Community and other more vulnerable populations. Amazon has been getting a lot of criticism over the last several days. There are reports that workers in up to 50 amazon warehouses have tested positive. There is worker discontent. One worker was fired from the company. They say he was violating quarantine rules. He says it was retaliation because he was leading protests. What is your reaction to all of this . Tony i cant speak for other companies. What i would say, the most important thing is pandemic is to make sure that everyone is safe and we take all the preventative efforts in doing that. That is why we have distributed the millions of health kits. It is also why we announced just last week a partnership with dr. Ondemand to give telemedicine visits at a very affordable four dollars per visit for all dashers. Where, as it is difficult to get these covid19 test kits, they can make sure they are safe. We have defaulted all deliveries to be no contact and make sure, for those who do need the opportunities at work, that earnings are high. Over 22 perarning active power nationally. Active our nationally. Emily you are dealing with restaurants that are financially stressed at a time when people need your service now more than ever. It is incredibly difficult to keep the business operating as it should be. There has been a lot of m a chatter. I know have asked you about this in past shows. Even more recently, it was reported that you looked at a presentation about m a, and the idea has been floated that perhaps uber eats and doordash should merge. Would you sell to a company like uber . Tony i think at this point in time, this is a moment much bigger than business. In terms of where i spend all of my time, all of my time is really spent on making sure that we are driving as much business as we can and getting Economic Relief to merchants, that we are keeping dashers safe, and we are bringing food to communities that needed the most. Emily still, you did recently file paperwork to go public. I know at one point you were considering a direct listing. The health of your business ultimately is the bottom line. Can you tell us how this has impacted those plans and what it means for the Financial Security of doordash . Tony doordash has always been a business that first and foremost made sure that its customers, dashers, and merchants are taken care of. If we continue to do that, especially in a pronounced pandemic like today, we will be fine on all fronts. Of doordash,u, ceo thank you for joining us. Coming up, we will be talking to the chief Technology Officer of microsoft. How ai and technology can help in the covid19 pandemic. And we will take you to the White House Press conference as soon as it begins. This is bloomberg. Unable to connect. That is the dilemma facing millions of americans as so many people are being forced to work and school their children from home, many without proper access. I want to welcome in the chief Technology Officer of microsoft, kevin scott, also out with a new book called reprogramming the american dream. Unprecedentedan demand on networks, the cloud, on services that Microsoft Offers with so many people working in schooling their children remotely. What has been going on for you behind closed doors about how you keep the lights on . So far, everything has been holding up very well. It is an unusual time and that we are seeing so much growth happening all at once in some of our core collaboration and communication products. Emily microsoft has efforts in health care and you oversee a lot of that. How can some of these efforts help in the fight against covid19 . Kevin one of the things we have been super fortunate is to have good partnerships with biotech companies. Doing interesting work with a Company Called adapted to buildlogies working up a mapping of immune system diseases. We have worked with adaptive to use ai Machine Learning to hopefully bring tests to market whether oretermine not there are covid19 antibodies and a sample of blood. We are also doing some really interesting stuff right now using the same supercomputing capacities we had been previously using for Training Neural Networks to run molecular simulations to try to identify covid19 therapies for by better understanding the structure of the protein. Most time seems to be the Precious Resource right now. Theseickly can some of actually start working . How quickly can we see the results of these exciting technologies . Problem is, we need them now. Kevin i think everyone feels an incredible sense of urgency. Scientists and doctors coming together with their partners in the compute scientists, as quickly as we have seen over the past few weeks to try and figure out how we can all Work Together to develop therapies and potential vaccines for this terrible disease. We have a huge number of candidate therapies and potential vaccines coming to trial shortly. Think, to sayd, i fore the timeline might be these to be used safely with humans. Your new book looks at how Rural America is falling behind when it comes to things like broadband. Do you think that we come out of this pandemic more or less divided, given that there is a Digital Divide in america and some folks are going to be left behind . Kevin i hope we use this as an opportunity to focus on building some of the Critical Infrastructure that we all need to have a fully inclusive digital future. One of the things you just mentioned, broadband cunning tiffany. It is a sort of acute issue as more work is moving to work from home scenarios, as kids are doing some of their schooling from home. If you do not have an internet connection, you cant work, you can have your kids go to school, which is a really terrible thing. Even though it should not be this way, we have 25 Million People in the United States who have inadequate access to broadband connectivity. What i am hoping that we do on the others of this is not just have a surge of investment in biotech knology and ai in a way that will help us have cheap, highquality, ubiquitous health care in the future, but we will also address some of these basic issues like Broadband Technology that need to get sorted out before we can have an inclusive future for anyone. Emily you go back to your hometown in rural virginia where like many places in the United States, you have workers who live in fear that Artificial Intelligence will take their jobs or make their jobs obsolete. Ai . Ld they be scared of kevin i dont think they should. When i went back home as i started writing this book, what you just said was what i expected to find. What i found instead was a group of people incorporating advanced technology in their businesses to be competitive in a global marketplace. It was just sort of striking to see how inventive and ingenious folks were being, using the best tools they could get their hands on to create success and opportunity. Aen you think about ai, it is tool, perhaps the most powerful one that human beings have ever invented. There is no reason to believe that folks in these Rural Communities will not be able to pick these tools up and use them to create prosperity. Emily all right, kevin scott, chief Technology Officer of microsoft, thank you so much for joining us. Coming up, we will be speaking to a pioneer of crispr jean editing technology, was working on new Rapid Response coronavirus testing. We will hear from president trouble maturely. This is bloomberg. From President Trump momentarily. This is bloomberg. Emily welcome back to bloomberg technology. We are standing by now for the White House Press conference, the daily virus task force briefing. President trump now saying that will start about 15 minutes from now. This is we are getting new headlines about the condition of u. K. Prime minister Boris Johnson who went into the icu earlier today. We are now being told by officials he is receiving oxygen at the hospital. He is not on a ventilator, per se, but is receiving oxygen. We will continue to track his condition and bring you any updates as we have them. Meantime, President Trump has continually touted a drug called hydroxychloroquine. A drug that is normally used to fight malaria. Trump has called this drug again ginger, but it has yet to be proven effective. Hopkinstoday, the johns school of Public Health Vice President spoke with us. Spoke to tom keene and guy johnson about this drug. Lets take a listen to what he had to say. When i saw that, i thought here we go again. This has been more than a century for the fda, the food and drug administration, trying to make the case that just because one patient may do well or a couple patients, does not mean the treatment actually works. The most important thing to do is to do a good study to really understand whether it works, how much it works, and what Patient Population that is how to get real rye grass, to really understand progress, to really understand treatment. This has been going on around cancer treatments for years and we are seeing again. I support what dr. Fauci says which is you really dont know until you do a study that allows you to figure out whether giving the drug causes the patient to get better. Tom how do you respond to the demarcations the president of the United States makes between academics and doctors . Between the divide theory and the practice of academic medicine, of drug tests, and the application of it in the field where he urgently wants to take the risk on this malarial cocktail . I think it is ok when there are no other treatments for doctors to try. In the end, doctors want more than just treatments to try. They want treatments that work. Patients deserve evidence, not just hope. It is really important to temper expectations with reality and to be doing studies and talk about the need for real data. I think its ok for doctors to be trying this or trying that. They are very few tools right now. On the other hand, that should not retract from the urgent need. Things we are trying, they may work, they may not work. We are really throwing problem, until we have evidence that actually works. Problem, until we have evidence that actually works. Guy good morning. It is guy in london. Where do you see the greatest progress being made right now in terms of therapies and vaccines to help us deal with this . Talking tosense from people is that it is probably the medicat

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