Insurance last year are paying a hefty price this tax season. H r block reports finds more than doubled for people who failed to enroll. Global news 24 hours a day powered by journalists in 150 news bureaus around the world. Bloomberg west is next. Emily i am emily chang, and this is bloomberg west. Legislation that could protect execs if they do not comply with requests for information. Millions to grow prime and compete with netflix. To Mark International womens day, we asked a panel of experts whether there is such a thing as a pipeline problem. A decision in france could give prosecutors the power to force companies, including apple, to unlock encrypted data. French lawmakers are passing a bill that would put execs in jail for five years if they do not comply. In addition, every other person who refuses to share information related to an investigation could face fines and jail time. The government aims for a final vote in coming months. Our paris correspondent has been following the story for us. Than threeno less terrorist attacks in 2015. Phone data has become sensitive since many of the attackers used phones with encrypted data. In the wake of the Charlie Hebdo , the chief prosecutor wrote in the New York Times an open letter urging apple and google and other smartphone makers to give better access to data during a terrorist investigation. Since then, we had the attacks in paris that killed 130 people. That made this problem even more urgent. Admittedly, after the november attacks, the government crafted an antiterrorism bill. Will be included in this bigger bill. Penaltiess new targeting directly smartphone to 350,000tives, up fines,nearly 400,000 in and up to five years in jail. This has been approved by the lower house and will go to the senate. The french government is expecting a final vote in the next couple of months. I do want to talk more about this with our panel of experts. Ler,ing us, tara mul Research Fellow at new america. , who worked at the department of defense and nsa, a covers apple who for us. You were in paris, reporting on the attacks. What do you make on this latest twist in the french government . It did not just support the legislation. I was culling french media reports today, and there was barely a blip on the radar. After there after both attacks, Charlie Hebdo and bataclan. They were petrified this could happen twice. Emily what are your thoughts . I know you are on the side of apple. You can understand where the french government is coming from. A company like apple has brought engineering resources. They can force certain people to insert capabilities to give access they might need. What happens to a smaller corporation . You force and executive to comply. What if the people who program the devices or software do not want to comply . Can you put an executive in jail for that. A, you worked for the cia and joined us on the night of the paris terror attacks, there. Till loom large i wonder how much sentiment is driving that legislation. I actually join you from that exact studio. French sentiment is probably more sympathetic to the back door policy than the United States. Having said that, i am not sure this is the best approach. You have seen punitive measures being placed on executives. They are taking a different type of strategy. Problems is, if there is an imminent threat, what happens if the Company Fails to comply . What if there is a legal battle . I am not sure how it will work in time sensitive cases. In the United States, you saw testimony from director comey and apple. You may see Congress Passed legislation mandating a backdoor entry for the government. It is something the government and Tech Companies need to Work Together on. It will not be solved immediately or perfectly. Emily alex, you spoke about france specifically, but what about the rest of the eu . How does the rest of europe feel about this encryption issue . U. K. , there are measures introduced called the pers charter to increase access to social media. Germany is a slightly different perspective. Germany has its own Historical Context of fascism and communist governments with huge access to personal lives. There is a fair amount of pushback in germany. It is a complex issue across the region. Emily with this bill put tim cook in jail, if this iphone were used in the paris terror attacks . I imagine there are a number of people at the Apple Organization that would be more likely to become the scapegoat than tim cook. I cannot imagine the u. S. Deporting tim cook. Nski g about roman polas emily but apple executives, potentially. What Ripple Effect could this have in terrorism cases around the world . The issue extends beyond privacy. It extends to Technology Companies as a whole being able to secure user data, more broadly speaking. I think the implications of this, we do not know what they will be. As soon as apple is forced to comply with Something Like this, from a security standpoint, it really gives us chills. We know these backdoors are going to be used nefariously. Emily how much do you think the u. S. Government is following what is going on in france . When it comes to antitrust issues or the tax investigations happening in to u. S. Companies in europe, the u. S. Has not followed suit. Do you think this is something they could follow on . They need to pay close attention to what is happening in other countries. The iphone is used globally. It is not going to be the case there will be different regulations in different countries. The day, there is going to be some consensus legally or it will not make sense. You cannot have people with backdoor policies in one country and other policies in another country. At the end of the day, as much as we speak about this, we must remember that, when we talk about these things publicly, when we have these debates about encryption and what is going on between companies and the government, it is going to undermine our accountability in this apparatus in the longterm. Accessiving terrorists to information that enables them havederstand which apps access. They will maneuver around those in countries where the laws are certain ways. Emily that coming from a former cia analyst. Alex, thank you for joining us. Alex, you are sticking with me for the next block. This thursday is a key date. That is when the federal government is due to respond to apples court filing. March 15, apple must respond to the government response. All of this perceived a showdown in court march 22, the day of the hearing in riverside, california, over whether or not apple must comply with the fbi request in the case of the San Bernardino shooter. Speaking of apple, the first widespread Ransomware Attack on macs his drawing attention to a lucrative corner of the hacking underworld. Hackers can hold information hostage. 6500 macs were infected with Malicious Software designed to make programs inaccessible, and it is not cheap to fix. Users were prompted by hackers to pay one bitcoin or 411 in decrypted data. Could cost millions in damages. Coming up, we will look at how the encryption fight at home may be throwing the foundation of a privacy agreement with the eu into doubt. Also, a longrunning discussion on the show. What does Silicon Valley need to do to create a more inclusive environment for women . We will be back with this very important issue. Emily turning back to apple and its fight with the fbi, in the United States, there is concern it could delay a transatlantic pact with the eu called the Privacy Shield, a framework of draft agreements last month designed to make sure that european user data cannot be accessed by the u. S. Government when it is shipped across the atlantic for commercial reasons. Thatontentious issue demonstrates distrust between eu regulators and the u. S. Government in the post snowden era. Here to discuss, danny obrien, and alex webb. I find it interesting this Privacy Shield situation seems a little contradictory. I say this as a european. Europe is not one place. Emily exactly. Germany is the Biggest Country in europe by population, economy. In germany, they have a huge session. Of session ob they also did not have the terrorist attacks that britain, france, and spain has had. On the european level, there are interests different interests at play. Emily what is the status of the Privacy Shield . The Privacy Shield is set to be rectified any day now. The fact is it is unlikely to really change immediately. What it might mean is that there is a credibility gap. In general,ll say if u. S. Authorities can find a backdoor into a phone in the u. S. , what will stop them from doing that in europe . Emily danny, put this into context for us. The reason the Privacy Shield has been raised is because the original agreement between the u. S. And europe to allow data to move between the two continents fell. The reason why is because the European Supreme Court declared dataagreement violated protection standards. To emphasize, those privacy are at sort of a constitutional level at this point, embedded in the european charter. This was an attempt to fix that as a commercial agreement. The problem is it is not the commercial sharing of data this conversation is primarily about. It is about the nsa getting access to all of this data. The European Court of justice does not want anyone to have those mass surveillance powers across millions of innocent people. Alex, you mentioned, not to overgeneralize, the entire continent, i should say. I should bring in on what has been happening on a country specific level with facebook. Germanys antitrust regulator is looking into whether facebook abused market dominance by forcing users to allow the use of their data. Googles sided with facebook, saying antitrust issues and privacy issue should not be mixed, perhaps an example of brewing distrust the eu regulators and u. S. Tech companies. Connect the dots for us. Google and facebook have a apple. Nt role from they are lumps of information you can track over time. You can see what people are writing over months or years. You do not record a phone call in retrospect. Emily are eu regulators unfairly targeting facebook or is this really a privacy issue . This as aasy to couch difference between eu and u. S. Regulatory environments, but there is a disconnect across all of these different markets. When we look at this strange contradiction between france simultaneously wanting emily the government to have access to data and not wanting us to have access. Exactly. What you see is war between branches of the government. There are some parts of the government that understand the importance of privacy to commerce and want to protect to keep dataity private, protected the ability of Companies Like facebook and apple to say, your data is safe. Law enforcement and other groups within the government who want access to the data, no matter what it does to the value or ability of these companies. Emily where does the Privacy Shield go from here . I think it will be completed. Emily ok. It is just to the extent to which Privacy Shield is credible to normal europeans. I think the real point of credibility is whether the European Court of justice thinks it will going to pass. There has not been any reform of mass surveillance in the u. S. Emily danny obrien, thank you for joining us. Alex, you will be back on the show a lot. Competition heats up in the digital video streaming space. How the Major Players stack up. Emily amazons foray into video continues. They will launch style fold live, a ramped up version of qvc. It is free and will not feature advertising, but will offer viewers the opportunity to buy ,eatured items within episodes another way amazon is trying to improve its standing in the fashion industry. Staying with amazon, the company is spending billions of dollars to expand its prime video offerings. Cory johnson caught up with the head of amazon studios, roy price, on the relationship between amazon and the viewer. People tend to get more engaged with amazon. It works out for them and amazon as well. , from makingormula a show to buying a tooth brush which will arrive tomorrow. Emily how does Amazon Prime Video stack up against competitors . Cory johnson took. A look at the prime numbers. Can streaming digital video best the sale of Digital Goods . Video was added to prime service in 2011, allowing prime customers to watch online movies , tv shows, and original amazon content like man in the high castle. Liberty and justice. Cory amazon is spending fortunes on contest. 1. 3 billion in 2014. An estimated 2. 6 billion this year. That spending has led to a big user base. Amazon prime video has 31. 4 million users, an increase of a third from last year. Netflix is the obvious comparison. How do they stack up . When it comes to tv shows, netflix has 2600. Amazon, 1900. Netflix has 6200 movies. 18,000 for amazon. Is story of their offerings digital revenue. That is in addition to amazons subscription price. Amazons offering is quite different. Withave netflix and hulu subscription levels and hulu doing broadcast tv. Then you have live broadcasts like the state of the union. That is what makes me hopeful about the future. You also have the rentals and downloads. It is a unique offering. All three are getting interest from hollywood. Four emmys last year, and amazon took home five. Quality matters. An addictive showed leads to a sticky customer. In other words, a successful prime video business could lead to a bigger business for all of amazon. Cory johnson, los angeles. Emily we will bring you corys for interview with reuters later this week. It is International Womens day, and we are focusing with on the gains women have made in the Tech Industry and what work needs to be done. Mark you are watching bloomberg west. South korea is imposing penalties on north korea following its recent Nuclear Missile test and south korea will prevent entry of any ship visiting the north in the last six months and blacklist anybody late to pyongyangs weapons program. Tehran says they were part of a military exercise. Disclose their Payload Capacity of their missiles but saner designed for nuclear weapons. The maximum range is said to be 1250 miles, possibly exceeding u. N. Limits. Loretta lynch has asked not to be considered by the white house as a Supreme Court nominee. She isatement she says deeply grateful to be mentioned as a potential nominee but is committed to carrying out the work of the justice department. Hillary clinton is taking a break from the campaign trail to attend the funeral for nancy reagan. Michelle obama will also be among the dignitaries paying respects. Global news 24 hours a day powered by our journalists and news bureaus. Inis 6 30 on tuesday here new york. I am joined by paul allen with a look at the markets. Paul good morning. A very weekly from wall street. We are not expecting great things across the asiapacific. In australia, the tsx is off one half of a percent pure declines are expected on the nikkei as well. Convenesaying he cannot the board today. We will look for news from them tomorrow. Malaysia will hold its cash Rate Decision later this evening. No change expected. The Central Bank Governor it is her last decision and there is no news on who her replacement will be. In australia, energy and mining taking a beating. Rio tinto off almost 4 following heavy declines in london overnight. Nickel and copper both getting hammered. Iron over seems to have stabilized. This weeks price movements were all part of normal shortselling hasvior even of the asx looked into the spike on monday. No secret that women are underrepresented in Silicon Valley. In a spirit of International Womens day, we are looking at the state of women in technology. I have spoken to leaders in the industry about this issue in her different responses. Will you are not prepared to do is to lower our standards. If there are fabulously bright, driven women who are really interested in technology, hungry to succeed who can meet performance standards men and women get discouraged from leaving. They are not seen as serious as they go home to be with a child. Not every workplace can be that flexible as facebook or version. I am not sure you are right. Companies, butme most of the Head Office Type of jobs around the world, they can offer flexibility. We could all do better. We have one female general. Artner at gd we have not succeeded at finding people, finding women for that role. 6 of women make up only Top Technology ceos. 3 of founders. Here with me to discuss these jarring numbers, catherines zoleski andatherine leslie miley. You are focused on treating diversity. You have been very outspoken on this issue. Especially while working at twitter. Why do you see a continued dearth of women in technology . Thank you for having me. I do not think it is a pipeline program. When you look at the number of womens graduating from stem programs and it doesnt reflect women in technology roles, when you look at the leadership in engineering, it is predominantly male or because it is predominantly male, you are biased toward people who look like you and who come from your networks. First part of it that is