tv Bloomberg Technology Bloomberg April 6, 2020 5:00pm-6:00pm EDT
♪ welcome to "bloomberg technology." stocks surging the most in almost two weeks on reports that the death toll in coronavirus hotspots is showing signs of slowing down. the s&p advancing in late trading almost 7%. other hotspots developing. japan preparing for resurgence. we will send you to washington momentarily.
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 minister's 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 7-10 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 johnson's 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 shelter-in-place 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 7-10 is away from being able to call a peak. early-stage 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 seven-10 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 7-eleven 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 7-eleven, 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 can't 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. on-demand to give telemedicine visits at a very affordable four dollars per visit for all dashers. where, as it is difficult to get these covid-19 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
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
covid-19? 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 covid-19 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 covid-19 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 can't 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, high-quality, 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 don't 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. let's 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 don't 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 it's 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 medications the president has been promoting. i hope that the studies bear out that those have some value but i think the real progress right now that people are more excited about have to do with immune
therapies. whether you can use, for example, the antibodies of people who have recovered from the coronavirus, take them out of their blood and give it to other people even before they are exposed. there are studies like that at johns hopkins and other institutions in the united states that has promising data, that has come out of china, but a lot more evidence is needed there too. i'm hopeful because so many people have recovered from the coronavirus that they can be donors and other people can benefit. that would be a relatively short-term preventative therapy and treatment that could make a big difference. it could also point a way to monoclonal antibodies and other products that may have a meaningful impact in the relative short-term. guy: what is your sense of the accuracy of the models we are all spending so much time paying attention to in terms to
predicting when we will see the peak in the number of cases? joshua: i think there's a little bit of a misunderstanding about this concept of the peak. -- i think for where we are now, there will be a peak, but the only reason it is speaking because we have shut everything down. some people think when you are on the other side of the peak, if this goes down, we can open everything up again. there's a reason it is peaking, we shut everything down. as soon as we open things up, it will go up. we have to use the time that we have, that we are buying to strengthen our health care system, to get more protective equipment to health care workers, and to build a stronger public health response so we have another set of tools besides shutting everything down. sharfstein, the vice dean of the johns hopkins bloomberg school of public health. michael bloomberg, the founder of bloomberg lp and the parent company of this network,
supports johns hopkins. meantime, a 2500 square-foot lab at uc berkeley has been turned into a facility to run covid-19 tests. joining us now on the phone is jennifer doudna, one of the coinventors of the gene editing technology, crispr, who has more recently been working on rapid response tests for covid-19. she leads this partnership between uc berkeley and the innovative genomics institute which has been the focus of this pop up testing lab. jennifer, talk to us a little bit about the testing you are working on so far, the progress you have made, and what the findings have been. jennifer: hi, and thanks for including me on the show. we have a pop up testing lab for covid-19 virus here at uc berkeley and the innovative genomics institute. the reason we put the slab in
place was to address -- this lab in place was to address the urgent need to rapidly test people that have symptoms of this disease, but also to test a symptomatically folks as well -- ymptomatica folks as well. we need to be able to report the test quickly and ultimately develop ways to track those infections and find out who is -- who has been infected and who is protected from the infection because they have antibodies. we want to do testing in the future as well. emily: what are you doing differently than other labs that are returning tests in like one, two, sometimes even three weeks? jennifer: well, we have a highly augmented system. we were able to get robots into our lab quickly by donations from companies. we have a team of people who are
highly trained in how to run these robots and how to manage the data coming out of the tests. anis in operation -- operation that has come together so quickly with people three or four weeks ago had no idea they would be doing this kind of work, but recognize they can lend their experience to this effort. emily: what is the status of your federal certification? some labs and folks who have been working on tests have actually have them pulled by the fda. jennifer: right. we're running a commercially available test that has an emergency use authorization from the fda. we also have clear certification for this clinical testing lab. we are in full compliance with those state and federal requirements. this has taken a massive effort, i have to say. we are putting in place a very
detailed document for how we got regulatory approval for the lab quickly. we will be posting that onto a server shortly so that other institutions that want to see what we have done have a pathway for doing so. emily: now, would you warn about some of these other rapid response tests that are hitting the market or do you think that these are scientists just trying to do something to help and that actually are legitimate, even though they cannot get through the sometimes clunky approval process that is involved with the fda? jennifer: look, i think that having proper approval for testing is critical, for sure. there is an effort right now to ramp up the testing capacity around the country and the world. so, i certainly applaud those that are stepping up to do this. ultimately, those tests need to be approved for clinical use. emily: why do you think we still
lack appropriate testing in the united states? certainly, things are ramping up, but not fast enough. jennifer: well, i think it is a combination of things. i learned -- i was very surprised to learn commercial testing laboratories, at least in california where i am located, have up to a seven day turnaround for patient samples. the reason is many of those labs are running manual operations. they are not automated. so, i think that is one factor. i think it is very interesting that -- because of the way laboratory testing is often done commercially, it is a highly distributed process. it is not centrally organized. as a result, each lab is having to implement its own procedure. i can now vouch personally for the fact putting these types of procedures in place and showing compliance shows a lot of
effort. i think it is a combination of having the distributive laboratory system we have in the united states and the fact that many labs were not able to quickly pivot to an automated pipeline that would enable rapid turnaround. emily: obviously given your background, how optimistic are you about therapeutics in a decent amount of time, as well as a vaccine? i mean, given that these two things seem to be so far out, do you imagine we are going to be in this fear and panic mode for several more months? theifer: my sense is that immediate need is really to ramp reporting and results because that would enable tracking of disease -- emily: jennifer, we are going to have to leave it there. the president is about to speak at the white house. jennifer doudna of uc berkeley, thanks so much.
let's take a listen to the president. pres. trump: we continue to send our prayers to the people of new york and new jersey, and to our whole country. right now, new york and new jersey are very hot zones. we are with them. we are with everybody. the struggle is our struggle and we will beat this virus. we will beat it together. i also want to send best wishes to a very good friend of mine and a friend to our nation, prime minister boris johnson. we are very saddened to hear that he was taken into intensive care this afternoon, a little while ago. prayingricans are all for his recovery. he has been a really good friend. he has been really something special, strong, resolute. does not quit, doesn't give up. we have made tremendous progress on therapeutics. i had a fantastic call today which i will be talking about a little bit later. i have asked two of the leading
companies -- brilliant companies others, theys, have come with the solutions and have done incredible jobs. i have asked them to contact london immediately. they have offices in london, major companies. more than major, more than size, they are genius. i had a talk with four of them today. and, they speak a language that most people don't even understand. but, i understand something, that they have really advanced therapeutics and therapeutically, and they have arrived in london already. the london office has whatever they need and we will see if we can be of help. we have contacted all of boris' doctors. we'll see what is going to take place, but they are ready to go. but, when you get brought into intensive care, that gets very
serious with this particular disease. so, the two companies are there. with what they are talking about, and it is rather complex. it has had really incredible results. we are working with the fda and everybody else, but we are working with london in respect to boris johnson. across the country, we are attacking the enemy on all fronts, including medical, scientific, social, logistical and economic. we are pressing into action the full power of the american government and american enterprise, and our military has been incredible. we just sent 3000 public health personnel, now deployed in the new york area. they will be over at the javits ship.at as you probably have heard, and i was informed that governor
cuomo has already told you and announced, he called me a little while ago and asked whether or not it would be possible to use the ship with respect to fighting the virus. and, we hadn't had that in mind at all, but we will let him do it. we are also going to let new murphy, weovernor spoke with him a little while ago. new jersey will use it also because new jersey is a hotspot. so, governor murphy and governor cuomo are going to be using the ship, new york and new jersey. big ship. it is now covid. hopefully,g to that will be very helpful to both states. the javits center, which is 2900 beds just built by the military, will be manned by the military and they should be in place tomorrow.
they will start sending quite a few people over to the javits center. it is convenient, right in the middle of everything. that will be something great. we appreciated governor cuomo's really nice statements, likewise governor murphy. we have worked very well with both of them, and frankly, all of the governors. vice president pence had a call this morning with them that lasted for close to two hours. i understand there wasn't a negative person on the call. 50 governors, just about 50 governors. i think they were all on, from what i understood. they were very positive about everything. their federal government has been doing for them. you will hear what that is. it is rather amazing actually. nationwide, the army corps of engineers is building 22 field hospitals. these are big hospitals. and, alternate care sites in 18
states. so, you have a combination of 22 field hospitals. in addition to that, we are building alternate care sites which is a little bit of a smaller version of a hospital. and they lot of them are going up in 18 different states. we have devoid 8450 hospital beds from federal stockpiles. if you think, this is done over a period, really a period of weeks. incredible. more than 8000 ventilators have been sent from the national stockpile to our cities and states, backed by the defense production act which we have used very strongly, very powerfully. so powerfully, we don't have to use it so much. it is nice when you don't have to. we are getting more than we ever bargained for. american industry is stepping up. manufacturers are really going to town. we have thousands of ventilators being built as we speak.
and we have hundreds that are being sent to different locations. we are ready to roll with almost 10,000 we have in the federal stockpile. when i say ready to roll, i mean exactly what that states. wherever that monster goes, we are able to move with it. great flex ability. we have tremendous flex ability -- flexibility. we have people waiting to bring them wherever they need be, if they need it. it's possible that they won't be needed. numbers are coming in where because of what the american people are doing, we are having fewer hospital visits. i think that could be the case in new york. it could be the case in a few other states. fewer beds, fewer hospital visits means fewer ventilators. we will see whether or not our original projections were right.
anyway, but had a very good talk with both governors. are extremely happy about what we are doing for them, and especially going all covid. that will take place almost immediately. fema and hhs have directly distributed 11.7 million n95 respirators. think of that. n95 respirators. 11.7 million. 26.5 million surgical masks. 5.3 million face shields. 4.4 million surgical gowns. and, 22.6 million gloves. 22.6 million gloves. vastve also arranged for quantities of additional materials to be allocated through donations and existing supply chains. we have also given tremendous
medical material and supplies throughout the 50 states and territories. and through project air bridge, we have succeeded in bringing plane loads of vital supplies into the united states from overseas. --had an additional three these are massive planes, by the way. very big, very powerful. they are loaded to the gills with supplies. and, rather than bringing them into our stockpile, as we have discussed, we bring them to all the different locations where they are needed so we can save a big step in a timely step. because of my actions under the dpa, i can also announce today we have reached an agreement, very chemical agreement with -- amicable agreement with 3m for the delivery of 55 million high-quality face masks each month. so, we are going to be getting
over the next couple of months, 166.5 million masks for our frontline health care workers. so, the 3m saga ends very happily. we're very proud to be dealing now with 3m. ceo mike roman, i just spoke with him, i thank him for getting it done. mike was very happy to get it done. great company. we are getting 166.5 million masks. and mostly that is going to be our frontline health care workers. ok? that's 3m. thank you, 3m. i want to thank apple, one of the great american companies that has really leapt into action. today, apple announced it is now producing plastic face shields for health care workers at the rate of one million per week. one million, and these are the
shields you see on television quite a bit. they are the highest level of quality and safety. we are grateful as well to salesforce which has donated 48 million pieces of personal protective equipment, including masks, gowns, suits and face shields. so, thank to salesforce. i urge all of our nations governors to ensure the massive deliveries we have made to your states over the past few weeks are distributed as quickly as possible. again, we are working very well with the governors. they may see you and say oh, we are not happy. they are very happy on the phone. mike pence is a straight shooter. he had a great phone conversation with all of them. a teleconference. they are very happy, every one of them. were there any negatives? see. ytold you. mike is the greatest. mike, you have done a great job.
i appreciate it. whole country appreciates it. see? everyone appreciates mike. special man. so, a lot of the things we have done, again, are going directly to the states. the states seem to be very happy. if not, they can call me directly, they can call mike directly and we will make them happy. tremendous progress has been made in a very short period. importantly, the progress has been made before the surge comes. because the next week, we can a half is going to be a big surge, the professionals tell us. i think we are in good shape for that. good timing. we could have the stuff there. we are bringing a lot of the different resources to the various locations, especially where the surge is looking like it's going to take place. resources from the national needpilen eed -- stockpile
to reach our warriors. these young, and in many cases older, but they are walking into the hospital and they are putting on -- as their doors open, they are going into this place and, you know, it is not exactly safe. they are going in there and they are putting the outfits on, their putting their masks on, it's incredible. it is like no different than you watch the war movies or the old clips of war, running up hills. to me, it is the same thing. men and women, young and old, but a lot of young people going in. they are not thinking this is dangerous. they are not saying i don't want to go in. they are warriors. they are running through those doors. it is the most incredible. beautiful, incredible, beautiful thing. resources from the national stockpile need to reach these warriors in the hospitals
immediately and we are making sure they do. again, the states have that responsibility but we are working with the states and getting the states a lot of things that they can distribute or when they tell us, we bring it directly to the hospital from the federal stockpile or from the planes that lent without even going to the stockpile. if any state is having difficulty disturbing supplies, we urge you to use the national guard to assist in this delivery. i have to say you have done a fantastic job. deborah, you know you have done great. tony, you know you have done great. but what a job. i appreciate it. your whole group has been incredible. a lot of stars you have, i will tell you that. you're supposed to do a good job if you have four stars, right? but, the military has been incredible. i thank them from all of us. if the state believes it has surplus equivalent or supplies
-- we have actually gotten so much o to some of the states, they have done a fantastic job. but have kept that line low. we have some states that have surplus equipment and supplies. they are working with us to rapidly redeploy those supplies to areas of greatest need. we thought that might happen. if it worked out well, that is what was going to happen and it's happening. i want to thank governor gavin newsom who is doing a tremendous job, who has announced california will send 500 ventilators to be distributed to other locations -- emily: president trump speaking, part of the daily white house briefing, saying his best wishes are with u.k. prime minister boris johnson who remains in the icu. he also offered the help of u.s. drug companies to the u.k. he said he is working with the british government with respect to the prime minister's condition. also thank apple for producing
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♪ haidi: we are counting down to asia's major market open. i'm shery ahn in new york. haidi: i'm haidi stroud-watts in sydney. welcome to daybreak australia. these are your top stories. u.s. stocks rise to a three week high as reported deaths and virus hotspots show signs of using. the s&p 500 closing at its highest since march 13. the coronavirus puts the u.k. prime