Released or escaped before the man surrendered. Global news 24 hours a day powered by our 2400 journalists in more than 150 news bureaus around the world. From new york, i am mark crumpton. Bloomberg west is next. Cory i cory johnson come in for emily chang, and mrs. Bloomberg west. Coming up, the u. S. Government have dropped his legal case against apple, but should they work with the security flaws not found in the iphone now found in the iphone . And soundcard launches a Premium Streaming Service commitment doesnt match the biggest players in the space . But first to our lead. Countless questions remain one day after the department of justice dropping charges in the case against apple related to the San Bernardino shooters iphone. Counted as a win for tim cook, boosting shares more than 2 in trading. It is a complicated story. Apple never gave in to the government to request, but the government found a way and without apples how it may have exposed a security vulnerability. The lawsuit may be over by the constitutional privacy questions have just begun. What was interesting in the apple case with the overreach by the fbi. They do not ask for assistance in cracking this particular phone, they asked for a backdoor they could use on hundreds, thousands, perhaps millions of phones, even remotely. So we think the fbi will come again with a request, perhaps a little more modest. But the working group needs to understand encryption, the Important Role in place in every aspect of your life and then passion changes if appropriate that are limited in their scope so as not to endanger the ability of you to have and keep your personal records. Has a wayt the fbi into the iphone, doesnt have an obligation to give the key to apple . Is a great question. Your cia, your nsa has had countless methods, countless tools to hack into computers and other things that are otherwise private for as long as they have existed, the enigma in world war ii. Those toolsly keep generally classified in secret. Aree are the methods that most how close. This would be no different. A tool likeis this is held close so that nobody knows there is a vulnerability. One that cankely be taken advantage only if you have the phone in your position and can dissemble it and hackett, if you will. I do not think the American People are afraid of the fbi having that tool. That was congressman darrell issa speaking. You grown that he brought a he issues disaster brought up some key issues. Experts. To several be concernedall about these issues, court to our founding principles and our democracy. I listened intently yesterday, and of all the aspects they disclosed, the question i kept asking was why are they telling us that they did it at all . Where the telling us . I think that they needed a reason to drop this case. I do not think this is the right case for the fbi to push forward because they were asking Technology Companies to create, new code, which they think is dangerous. I think they realize that this is not something that Technology Companies will back down on, because the democracy will not survive if we do. Is the case of a terrorist u. S. Ad multiple murderers soil, if that is not the right case for the guy and the justice department, what is . This case has never been about one iphone. We saw the fbi requested the assistance of new or other cases, and we can expect it will still be a foot from the department of justice to break into these phones. Members of congress and the public have a right to be concerned, not only that their privacy will be undermined by the very security of the devices that we rely on for medical records, to send emails, to send loved ones text are going to be undermined by our government. The case from the fbi was specifically about this one iphone. They made it very clear that this was about just this phone, just this case, and this was as simple as a search warrant for this one phone. What makes you think it is any more than that . The reality is that the legal precedent set in the case could be used in any case. It could be used in an investigation of a drug crime or misdemeanor. When the government is asking is for the authority to force private companies to essentially undo the security features that have lived in their own products. That is fundamentally with the case has been about. In terms of the hacking of this phone, do you think they will always have this capability . Hope so. We pay the government a lot of money to do this. There are a number of governments and organizations out there that have the ability to get information on any of the iphones out there today. Even the new ones with the latest encryption . Nothing is 100 . What we trying to do here is raise the bar. Right now it is way too cheap and easy to get this information off the phone, and it needs to be difficult and targeted. Cory i am concerned about a where Law Enforcement does not have any ability to find anything if we decide as a society that things like search warrants are illegal. Was kept in a filing cabinet and can be limited in a certain way, just inside it was legal to do that kind of search. We have to think about the integrity of our electronic devices. Was the fbi was asking something that many other Security Specialists said w ere actions that would undermine all of our products. To the extent that the apartment justice has discovered a vulnerability and not sure of it to be passed, that is a hole that exist for all consumers and members of the public. That is something we may need to be concerned about. Cory should the government be required to share this vulnerability with apple . Yes. We in the Hacker Community call responsible disclosure and it is something protect allday to of us. Cory thank you very much. We appreciate your time. European lawmakers are already working on their own framework for limited encryption. We are following the story from london. The privacy debate that has raged on in the u. S. Between the government and apple is also being fought on the other side of the atlantic. The demand by some governments to have stronger powers to access data has been growing louder after the tragic almonds tragic bombings in brussels and the weight of violence. Tech companies such as apple, google, facebook have already voiced their concerns, worrying again about the president set by the technologies of eating a Law Enforcement agencies to hack people smart phones and computers. Not all European Countries are seeking those types of powers. Germany and the netherlands are going to going vocal with opposition to such backdoors. The toss over Privacy Versus National Security is set to continue further afield as well as at home. Up next, sound cloud launching a service similar to spotify and apple music. The ceo explains why is different and who will survive the streaming wars. [laughter] cory own cloud is hopping on Premium Streaming Service bandwagon. Launched the committees first we sat down with the ceo and asked him. You started from the Creator Community from the beginning. It has gone directly to the source which is the creators. We play over 12 million hastors a month, which attracted 75 million unique listeners a month. They share content freely on the platform and that has given us much larger capital in any of their service out there. Cory use the word creators of the creator use the word then musician . Is broad. It could be podcasters, anybody. Cory i will give you that. What makes this different from apple, spotify, or pandora . Service wecription are launching for 9. 99 a month is similar and different in many ways. You get some same things would free. D offline singh is the most requested service by our users. But we also have an expanded library. Everything from the biggest hits to the deepest underground tract that just came out. Is the only service in the world where you can get that fo full breadth of content. Everything from the industry giants to the emerging creators in one place you have the stars from yesterday, today and tomorrow in one service. Cory i want to talk about the struggles you are seeing. I wonder what your take is on apple music. Lets not be kind. When you look at what they exit succeed at fail us, what do you see . They were a little late to come into streaming, but as i said, we are very early in the market overall. Then helping the market grow, not just from the perspective of their service but in terms of deviceg strongly from a perspective is good. The compound we have always wanted to build the Music Service that can contain the entire world creativity. All of the different creators out there. That is something that is appealing to the world and what were focused on. Cory let me ask you about pandora. A Different Service to be sure, but also going through struggles with the ceo suddenly out this week. The founder comes back as ceo again. If you were looking at pandora, what do you think that they need to do to right the ship . Iswhat they have done well peoples intent that capture peoples intent to listen to radio on their mobile device. Wanting to enjoy a long, uninterrupted listening session. That is something we have noticed with our users as well. They want to be able to just open the app, and with a few clicks listen to a great stream of music. Alsois why we have released features like track stations that allow you to take the 125 million tracks, start a station from that, and then have it play for as long as you want. Anything you think of where they are focused on a different radio experience . Is there a downside to having the ability to pick individual to . Consumers today want to listen in different ways. I have for myself, sometimes i want to be lazy and just let like them and sometimes i open it up and went to go to something specific. Some days i want to listen to a top 40, sometimes i just want to listen to something not available in the system yet. That is universal for most music listeners. On sound cloud, we are trying to cover all those different cases. Depending on what your mood is you can have the music experience that you want. Cory that was the sound count cal sound cloud ceo. Up, we will talk about what investors are worried about and what is next for the struggling solar company. Erik cory the battle ceo of our mask is offered to resign. The forward blackberry ceo at the center of a radel with a Wireless Charging company. One faction wants him out, another want him in. Final settlement is pending. We have a look at the latest fiveyear plan on chinas clean energy. Targetsvising down its for carbon intensity, aiming for cleaner and more efficient growth. They also have cap total energy consumption. That is nonfossil sources. Is surprise is that something justin who has his eyes on. To speak to chinas policy circles, most people would say aboutast 10 years are wind and solar, and the next 10 will be about electric vehicles. 15 they will be the biggest market for electric thecles and they believe batteries that go into the vehicles are the key strategic emerging industry. It is something they want to support in order to revise the economy. Cory well certainly beginning i and what is going on with china. Sun edison could be facing the end of the line. 55 ,s plunged another seeking a group c protection bankruptcy protection. It has been a disaster. Terraform global, a holding that controls sun edison, things are looking at this company. We bring in our analysts. So glad to have you on. When we look at what is going on with sun edison, what is the fundamental problem with this Business Outlook so promising to investors . Thank you for helping me. Thank you for having me on. In a shocking what is going on with sun edison in a short amount of time. The fundamental issue, as you are addressing, is that the coupling of fundamental value of assets on sun edisons books from the devaluation that has been given by the equity markets. Sun edisons management has not been able to effectively communicate and do so with a consistent transparency what the value of those assets are. We have had this conflation of a Development Company with those that develop in this space. Have done iney financing a spinoff the assets, claim they have a certain value based on for certain cash flows. On closer examination, they were not they seemed. That could be the case. Haveger problem is they not communicated with the values of this cash flows are. Solar has some perceived complexities in the form of tax equity, which is the investment tax credit. It is another layer that Institutional Investors are not familiar with even when you look at solar abs and other instruments that are familiar to investors, they need to it comfortable get comfortable with the same risks within the solar context. Sun edison has not been able to communicate that across the lifecycle of the. Asset. Transparent for those that are trying to get to Institutional Investors. Cory we had hoped there would be great Revenue Growth, but i go into my bloomberg terminal you can see the Revenue Growth from 2007 to 2014 is great, but down from where they were. They were unable to generate consistent growth. This gets exactly back to when i was saying before about having operating assets and trying to communicate the value of those and then tapping the tapping other, vehicles through Debt Financing and structured finance, and through yield codes that they cannot get control of. Cory talk about it debt. Something, that distribution. Havean see how much they over the past year, nearly 600 million the year after that. Most of the death is coming due soon, and that does not include the offbalancesheet things where they do not even put it on there. Of aems to be this notion bankruptcy filing is about their inability to deal with this. And comes back to Development Pipeline being used theice cash flows castle is being used to service the debt loan being taken on. Cory final note from the bloomberg, if you go back to last july you have the stock at 10 billion, and now it is virtually not existant. Its even uglier when i enter 2016. 210 million. Thatws to show you goes to show you what happens. Up, newly proposed legislation in china can make it harder for Foreign Companies to get access to the companys great firewall. Details coming next. ,heck us out on Bloomberg Radio the ruler radio out, bloomberg. Com the bloomberg dio app and bloomberg. Com. Mark i am mark crumpton. You are watching bloomberg west. President obama says aggressive steps are needed to curb the opioid abuse epidemic. Thisference statement as the Administration Says it will make treatment available to many more people. There is increasing concern about security in Southern Turkey with a recent crackdown on dissent and on kurdish insurgents. A warning comes as the turkish president travels to washington. With the states primary just a week away, Wisconsin Governor Scott Walker endorsed ted cruz for president. Governor walker, whose White House Run ended in september, says ted cruz is in the best position to win the nomination and defeat hillary clinton. The World Health Organization says ebola no longer qualifies as a health emergency. Nearly 11,000 people have died, mostly in guinea and sierra leone. News 24 hours a day powered by our 2400 journalists in more than 150 news bureaus around the world. From bloomberg world , i amarters in new york mark crumpton. Bloombergs paul allen joins us with a look at the markets. Good morning. Paul good morning. We are expecting a pretty good day across the asiapacific thanks to the remarks by janet yellen on rates. There will be a busy day in hong kong as well. A couple of ipos to watch, two banks both having their debut on the market today. We took a look at the bank of communications as well. They had a pretty good day yesterday. We had been expecting to see Profit Growth slowing there. Also in focus will be sinopec, chinas oil and gas producer. Income is down 30 to 5 billion. That was better than analysts expected. They have been helped out by a refining business that benefited from a Weak Oil Price and ersing a 200 billion loss 200 Million Dollar loss from a year earlier. That is some of what we are watching across the asiapacific today. Cory this is bloomberg west. I am cory johnson in for emily chang. A new proposal from the government aims to force Internet Service providers to twoccess tomains domains not approved by the government. , twitter, and youtube are all blocked in china. This is the latest in a series of measures to strengthen the socalled great firewall. Gordon chang. Is always great to see you. How are these rules different from what existed before this . What are the new rules and how do they differ . Gordon this basically creates an intranet because domestic foreign Service Providers are no longer permitted to provide access to websites with foreign domain names. That means that unless those foreign domain sites are given approval, they are not going to be accessed in china. These are just reposed rules. We have until april 25, until ends, butt period this is just one of a series of attempts to cut china off from the internet. They tried it five years ago and it really doesnt work. Like it isems focused on individuals and not on helping businesses do is guess. Gordon absolutely. The premier, the czar of the economy, talks about innovation economy because you have manufacturing contracting and investment losing efficacy, so he is looking to the internet and has the Internet Plus strategy. How can you have that strategy if you dont have an internet . It doesnt make sense. Is this saber ratt