Cia has targeted him for assassination. Pen is looking forward to the next challenge and says that she has a new challenge for herself, a major makeover of the National Front party and elections will be held. Global news powered by 2600 journalists. This is bloomberg. Emily this is Bloomberg Technology and Bloomberg Television and radio are on the ground and showcasing the innovation, diversity, and power of the regional economy. We are taking a look at innovators from fortune 500 startups and talking to government officials. We are joined by caroline hyde. You have a eight week ahead of you for us. What do you have . We certainly do have a big week host up boston and massachusetts is the hub for all things biotech and it is expanding its reputation for tech. Banking onctric is boston and they broke ground on the new headquarters today. The ceo spoke about the collaboration between the company and the city. Ge has moved to one of the oldest cities in the country to create the future, whether in life sciences, renewable energy, Tech Knowledge he, aviation, technology, aviation, material sciences, these are things that we want to do together. When bostonst year cityhe bid and it cost the 25 billion in tax relief and an incentive package from the state. I spoke to the boston mayor about the ge deal and bostons as a tech hub and how it stacks up to Silicon Valley. Warmly announce the move to boston, they gave us a check for 50 million, 25 million for education and job training. Jobre seeing those benefits. The deal you have been critical incentives, that gets the construction and the building going and, during the course of the next 30 years, we will get 67 billion in real estate taxes from the deal. What does it mean, in terms of continuing the growth and the Biotech Sector here in boston . It is important and boston has always done well in that space. You can think about the city as a great medical city and this is city. There was a time where we were the tech capital of the world and we lost that to Silicon Valley in San Francisco and you are seeing a rejuvenation, with people coming back to the city. And there is that a new level of curiosity about boston. We have 150,000 students going to school and many of them will stay for the summer and when they graduate. We grow every year and there are 25 colleges and universities here. There is a lot of innovation here and a lot of synergy we can work off of. Ge can help us with that. Academia, the private sector, you say you lost that from Silicon Valley. Can you win it back . I think we can and massachusetts one through a tough time in the 1980s with high taxes and political decisions that set us back a little bit and what is happening now is a Political Climate where everyone is looking to move the economy forward and to be innovative. The word, innovation, it is on everybodys tongue lately, whether in sports, or other types of business. Attractto be able to companies here. Good growth. A little bit before ge came, but ge will help us grow further. You talk about a Political Climate hoping jobs and do you think the administration is helping with the Political Climate and boston quest Mark Washington . No. I hope they get to the job of governing. I would like to see them be successful and i would like the white house to the successful. They need to start focusing on government. I am afraid about what it will do to the economy and the impact. Impact yet. D an i am concerned about the Affordable Care act and the actions that Congress Took stuck it is not a good bill. And city like boston suburban cities across america, it will hurt hospitals and hurts the economy. I wish they would focus on moving the country forward and not focus on repealing health care and to funding defundni housing. Nd urban are you worried about the research and Development Area . I was. The Congress Passed a shortterm budget and it seemed like everything is status quo. We have a little increase and i think it is important to stay strong on that. In boston and massachusetts, we are in this together. Cambridge, other cities, a lot of discoveries and a lot of things are happening in the city and it helps us keep young people and talents here in boston. I am a cancer survivor who was treated at the Cancer Institute and the childrens hospital. I was assets in theant city. The cancer i had 40 years ago, the curate is higher than when i had a. You are the son of immigrants and there is a lot of concern about the travel ban and what it means for talents and Technology Talent in Silicon Valley. With boston, d you feel a concern do you feel a concern . It was a concern before hand now, there is really a concern. Ther the interview, president issued an executive order and i had all the hospitals and the Tech Companies in this room in this room and everyone of them had the concern about fear of people not being able to come to america to get education or work for a company. Spentk that congress has 67 years on that and they need to focus on immigration. The system is not working and we have a letter million undocumented people in america and we have to figure out how to put them on a pathway to citizenship or figure out what to do and then look at the work the sarah programs. We have these hightech getting visas. We need people getting educated here in america and we are keeping them here. I Hope Congress and the senate comes together to create comprehensive legislation. That was marty walsh, the mayor of austin. Joining me to talk about the ecosystem here in the city is cory johnson. Talk from marty walsh. On you hearing it replicated your radio show . The move of the Technology Industry from massachusetts to Silicon Valley happened a long time ago and there are a lot of companies to talk about here. I think that the move of ge coincided with us being here today and everybody has the talking about the big move of ge doubling down as they change as a company. It is the sign of boston coming back and the internet businesses in the startup scene here. There are some of the tools that Silicon Valley has. Great academic institutions, a financial community, and you can look at the success of Silicon Valley and how they want to get it back here. I have heard from the president of harvard and marty walsh, the mayor of austin, the concerns about immigration the mayor of boston, the concerns about immigration. You can expect boston and the people of massachusetts to fight hard against a republican administration. There is a sense of a business the democratic mayor working with the republican governor. These are guys who know and like each other on Business Issues and that is a big issue for business people. They want to see the democratic mayor and the republican governor working together to help business to get a sense of community here. Cory johnson, the bloomberg editor at large is joining us atnd also on the large, is joining us here and also on the radio. Sinclair is buying Tribune Media for 3. 9 billion. Regulators eased a limit on television ownership. This would give sinclair access to big media markets. Technology coming from boston. We will take a look at ibm and see how they are using the Watson Technology to come up with the next radical breakthrough. If you like bloomberg news, you can check us out on the radio. This is bloomberg. Welcome back to the special edition of Bloomberg Technology. Discussed, boston is home to a number of bigname Tech Companies and one of them ibm, in cambridge, massachusetts. They have watson, famed for winning jeopardy. It is a machine that is learning torything from Technology Cyber attacks. The company has grown into a Tech Knowledge he Powerhouse Technology powerhouse. The ibm security got started in 2011. Peopleave grown to 8000 and we are operating in 133 countries around the world and have not stopped acquiring companies. We have now acquired more than one Dozen Companies focused on cybersecurity. Ibm security brings in it is using watson, the system, to monitor cyber on clients around the world. The Vice President of security explains how the Company Applies the technology. One of the things about watson that makes it advantageous is the ability to go through massive amounts of information. It offers customers the opportunity to face a cyberattack. Theying on the success, have set up a Health Care Unit in cambridge. Theyfficer explains why lay down roots in the city. There is extraordinary talent and partnerships that we have evolved and continue to evolve a and we are in a hotbed of innovation. They have the hopes of coming up with the next medical breakthrough. Why the grey parts of watson is that it is a system that understands natural language and it has been trained to the best doctors in the Cleveland Clinic and memorial clinic to understand literature. It has partnered with companies to make progress in the fields of Drug Discovery and analyzing patient data. The revenue from the cognitive and thes business rose biggest breakthrough are likely still to come. Databelieve we have a stethoscope to translate this data and bring insights to a make a policy maker to better and smarter decisions out of that. Boston, here are headlines grabbing attention. Another shot has been fired in witth a with ormystery dinner bidder f verizon. You will remember that at t agreed to buy straight path. This gives at t three days to match the offer. Focusing on services as the legacy content Delivery Business slows and we will discuss the plans with the ceo next. This is bloomberg. Caroline this is a special edition of Bloomberg Technology. Of onejoined by the ceo of the largest tech employers in massachusetts. The content is from cambridge and it is expanding. How crucial is academia partnered with business here . It is fabulous and it starts and the University System you have several of the best universities here with dozens training technical talent. There is a great work ethic. People stay with companies for longer than you would normally see in the valley. Startups havet of amai spawned by former ak employees. Is the talent pool big enough . Are you worried about immigration and foreign talent . We have a great talent pool here in the United States and we have worried about immigration. It is important to attract the best talent. We are working to increase the talent pool. We have a Technical Academy to train women and minorities who do not have a technical background to take a technical amai and that is a Great Program for us. Lets Silicon Valley comes under criticism for a lack of diversity. Diversity is a challenge and we are making efforts to improve it by increasing the talent pool through training, grants through every way we can to try to help diversity. Is the Current White House helping diversity . , i am not directly familiar there, but i think it is something we have to take on ourselves and we can improve the situation here in massachusetts, where there is interest in doing that. How theinterested in white house is doing for the economy here in massachusetts . Is it positive or negative . It remains to be seen. The changes in the taxes could be beneficial. Onwould like to see no curbsa immigrations and travel. We want to see what happens with net neutrality. You serve Internet Service providers. How much are you affected by this. Are you pleased by the moves . And itere not regulated does not affect us. Partnersly helps our and most of the content companies are customers and we will still deliver the traffic within the major carriers. There are probably a couple of companies that are less happy. On balance, it will be fine. Talk to us about the business. To theas a reaction numbers. How did you tried to ease the investor concern . We have two major lines of business and one is around performance and security and it margins and grew at 18 . It is doing great. Have a Media Business that delivers a lot of video and it is doing well. It is not growing as fast as it 1 , yeart grew about over year. The street wants to see more growth and they are worried about changes in traffic. Media traffic goes up and goes into a valley. We are in a valley now, but tt andody believes that o video is coming. I am pleased that you came to us. It is great to be so close to your home. Speaking witheo us. Coming up, the boston pops is kicking off their season this week and we will talk to the man who has been leading the orchestra about the changes and how they are using new technology to bring music to the masses. This is bloomberg. It is true that the president made it known that he was not a fan of general flynn. He was an outspoken critic of and t Obama Mike Flint was asked to resign after misleading mike pence about his contacts with russia. Angela merkel says she is happy won the election and pledged to continue the close cooperation with france. The syrian foreign global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. After 5 30 p. M. Here in washington, 7 30 a. M. Tuesday morning. I am joined by bloombergs paul allen. Good morning. Paul good morning, lisa. We are seeing good strength on the nikkei futures out of chicago, up by more than 1 . We are waiting to hear the release of the thirdquarter trading on the Commonwealth Bank of australia. That is the biggest of the big four banks. Im in canberra for the big story of the day, the release of the australian budget. We are expecting the deficit to come in a little bit lower and for the budget to return to surplus by the end of the decade. That might be based on some reasonably optimistic growth assumptions. Its also a big day in south korea. Polling day. An election to replace the former president , park geunhye. One of the key themes is the dissembling of a big family conglomerate. Also watching earnings from Mitsubishi Motors and subaru. I am paul allen and canberra. More from Bloomberg Technology next. Welcome back to this special edition of Bloomberg Technology. Im caroline hyde. We are live from boston, showcasing the innovation and diversity of the tech economy. Opened its 100 17th season this weekend at boston symphony hall, and the theme, its the music of former conductor and maestro john williams. Recently recorded and help him of his music in a high tech, stateoftheart studio many concertgoers dont even know exists. This,rt with a little of after twof this, and hours leading the boston pops, you will have a recording of the selected works of maestro john williams. For managing directorhours lead its the soundtrack of our time. John can write a melody better than anybody else. You say star wars. It comes into your head. Et, and you hear it in your head. The recording is overseen and supervised by nick squire, one of the few fulltime sound engineers employed by any u. S. Orchestra. It is visually appealing. It sounds great, and it really allows us to record and listen to the orchestra and make sure we are making the right decisions when we move mics or mixing. The Recording Studio recently underwent a quarter Million Dollar upgrade. It is arguably the most advanced in the country. Sound, as dobetter the speakers. The improvements were carried out by the walter historic design firm, which also counts jayz and alicia keys as clients. Orchestra, wepean are one of the top orchestras recorded in the world. The profit from such recordings once represented as much as 40 of their income. In 2015, of the 46 million taken in, media represented just over 1 . It used to be that you would tour to sell recordings, and now if you record, you are trying to drive people to concerts. That visibility comes in other ways, too, like the deal they made in 2015 with nova play of itso make some performance is available for streaming or download. After the concert, conductor lockhart will come down for a listen to see how things went, but for now, he is in full performance mode. Every note for posterity is just right. That was bloombergs tom maroney reporting. Joining us now, keith lockhart, conductor of the boston pops. It is the 132nd season. Who is counting . Caroline you are. You are a man whos been here for more than two decades. Youve done Something Like 1800 keith i have lost count of that. We will talk about technology and how it has changed the music you have brought to life. Keith its hard to describe in the 23 years ive been there that technology has changed around us, and we have no choice but to have it influence what we do for the symphony. When i came to the pops, i didnt have a cell phone