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tv   Bloomberg Technology  Bloomberg  December 20, 2021 11:00pm-12:00am EST

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>> from the heart of where innovation, money and power collide, in silicon valley and beyond, this is bloomberg technology with emily chang. emily: i'm emily chang in san francisco. this is bloomberg technology. senator joe manchin shocked democrats and the white house with his opposition to biden's $1.75 trillion economic plan, sending the future of build back at her into limbo.
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we will discuss. covid cases spike as the holidays arrive and omicron may not the last variant we have to fight. the metaverse is here. that is according to a ceo. we will talk about the future of wearable devices in the 3d version of the internet. all of that in a moment. her's, the market -- first, the market, a surgeon covid cases weighed on investors. how are investors feeling? >> a double whammy, we will see a triple when he when it comes to stock markets. tech attempts to lead the benchmarks higher and rescue the market. you see that in the s&p 500, closing 1.1% lower, the nasdaq underperforming, 1.2% down a as much as 2% lower on the day. it has everything to do with omicron. starting to gain more traction in new york city as well as potentially spreading across the country. on top of that, senator joe manchin withdrawing crucial
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support for the build back at her -- better plan. it is the month that quarter and, so -- month and quarter end. yields a touch higher and cryptocurrencies rallying, although it was a clearly risk off day. technicals laid apart in it. looking at the terminal, the s&p 500 dropping below the 50 day moving average. for the better part of the year, does it drop more? that is the blue line behind me. that would mean the selling is intensifying at a time when a lot of investors are expecting a rally next week. the story is micron, reporting earnings after the bell, upbeat forecast when it comes to semiconductor demand. the ceo says they benefit from the use of memory chips and a wide range of products. good news for that stock, those shares up after hours.
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emily: earnings still rolling in. thank you for the update. chuck schumer says lawmakers will vote on president biden's spending legislation early next year. he warns it republicans abuse the filibuster and try to prevent a vote, the senate will consider changing the rules. this after senator joe manchin stunned fellow democrats with this announcement. >> if i can't go home and explain it to the people of west virginia, i can't vote for it. and i cannot vote to continue with this piece of legislation. i just can't. this is a no on this legislation. emily: losing his support is essentially the nail in the coffin in a 50-50 senate where republicans uniformly oppose it. to discuss, mario parker joins us. what does this mean? >> it was a devastating blow for the president agenda to end the year. build back better was the
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centerpiece of his early presidency, and joe manchin's reluctance or even his definitive statement yesterday that he wasn't going to support it essentially puts the death knell into build back better for the time being. emily: the white house press secretary says they will fight to get it done. is there any possibility at this point? >> cooler heads seem to have prevailed. she issued a blistering statement towards manchin yesterday. the rhetoric softened as the evening unfolded, and as you alluded to this afternoon and the press briefing, jen psaki richford to -- referred to biden and manchin as friendly. this leaves the door open
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possibly to a pared down version next year, maybe some components of it. we don't know at this point. all we can go off right now is that manchin said yesterday he essentially can't vote for the bill. emily: what did he say about the future of consensus about the democratic party, not just for this but other measures to come going into the midterms? >> this is a fresh internal battle between varying wings of the democratic party for a good deal of this year. we saw the progressive wing of the party, led by representatives aoc, the squad and others, opposing some of the rhetoric centrists like mansion or kyrsten sinema in arizona were saying about the policies in bidens legislative policies. this takes off a fresh battle. they voted for the infrastructure bill in good faith that he could convince manchin to support build back better, which has a lot of progressive initiatives. emily: mario parker, appreciate the update.
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president biden is set outline new steps in the fight against covid-19. the white house says the president will announce what the administration is doing to help hard hit communities while issuing a warning of what winter will look like for the unvaccinated. robert joins us with more. talk to us about the state of omicron and the outbreak happening in new york city. >> omicron is clearly spreading fast. cases are increasing a lot in new york and jersey, new jersey with some of the highest case numbers. it is spreading fast in the northeast and the midwest.
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it is less clear, the severity. a lot of the cases in hospitals, people dying, those are still unvaccinated people. omicron can cause breaks through -- breakthrough cases but it is not clear whether the will be severe. emily: we got positive news about the effectiveness of the maternal booster. -- them moderna booster. >> moderna came out with news that as expected, two shots alone don't do that much to protect against breakthrough symptomatic cases. this wasn't -- a third booster shot, antibodies growth 37 fold so a big increase in antibodies. this indicates as we expected, with the pfizer shot, to protect against symptomatic cases with omicron, you will need a booster. emily: how many new vaccinations are actually happening at this
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point, where you have folks who held out for a year almost, now saying maybe i will get it? is that happening? >> it is hard to tell. things are going up right now. i haven't looked at the statistics in a couple days, so i can't tell you exactly. some of the statistics are complicated with the measures, who has gotten first shots and boosters. sometimes people get a third shot early on, so the statistics are a little murky as to who is getting what. emily: how many people are getting boosters? i have heard of folks who got the first round of vaccines but
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they don't want the booster for the same reasons folks don't want to be vaccinated at all. >> all i can say is that it appears to be, although we don't know how long the shots will last, one thing we have seen is that they are effective early on but the length of efficacy is not super long-lasting. we don't know how long the efficacy of the booster will be but in the short term, it appears to provide strong protection. that is a good reason to get a booster now before the winter with cases surging and people wanting to meet with families for the holidays. emily: these days going into christmas, they are critical. bob, thank you for your reporting on this. oracle making a bold move into the health-care industry with its biggest deal ever. the company agreed to buy a medical record system provider for $28.3 billion cash. oracle will add a broad customer base to bolster its cloud computing and database businesses. if you are a last-minute chopper, should you consider buying loved ones crypto or an nft? more on that, next. this is bloomberg. ♪
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emily: bitcoin is extending its five-week slide from an all-time high. it is falling below $46,000 at one point. it slumped about 32% since setting a record in early november. giving the gift of crypto seems to be the trend this holiday season. robinhood wants to help. starting december 22, robinhood users have the option to gift
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seven cryptocurrencies. crypto is not the only hot gift. nft's, making the most wanted list. many are comparing the token to lottery scratch offs, the gift that could pay off big time. here to discuss and predict, we are joined by megan. great to have you with us. who is gifting crypto and nft's, and will it pay off? >> thanks for having me. i think it is great for robinhood because they have so many users on their platform that are already trading stocks, and this is a great way to bring the entire masses into crypto. why give a gift card for the holidays when you can give someone an investment? when you think about crypto, it is culturally relevant and gives friends and family the opportunity to build wealth. i think it is interesting in that respect. you can customize it with
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messages. robinhood is a great user acquisition, great for referrals and bringing users onto the platform. i think gen z will do it and a lot of portion -- a large portion of robinhood's platform. emily: a lot of companies are getting into nft's. we spoke to the cofounder of republic round who said corporate america is getting nft's wrong. what do you see that is problematic or not on the right track? >> sometimes with nft launches, there is a natural, there is a limited supply of things so sometimes people will be upset if the lunches -- the launch is not as successful as they would like.
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even adidas, which launched into the metaverse, which was great, 30,000 nft's in their collection and sold 22 million in the span of an afternoon but even then, i didn't get one. it is hard to get access to these types of things. that is part of the value proposition. you want to create community, exclusive access to virtual events, and merge everything like that, where it is hard to please everyone with these launches but there are a bunch of different ways to bring corporate america into the metaverse. you can look at companies like genie, they are partnering with universal music group to bring their roster of artists into the metaverse through digital avatars. forever 21 is launching an activation with roblox to create virtual storefronts in the metaverse. it creates a new expanse of cultural relevance for companies.
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partnerships are the name of the game. you can't please everyone, but what makes it exciting is the community aspect and sometimes you have to limit that in some respects. emily: based on the gen z trends, where will gen z take us in 2022 and where will venture capitalists put their money? >> gen z is incredibly entrepreneurial. this is something we have discussed. 40% want to start their own business one day. it is interesting, i think the notion of what this means for gen z is different. previous generations turned a lot towards gig work. gen z years turn towards hobbies. look at d pop. it had a $1.6 billion acquisition from etsy where 90% of users were under 25. gen zers, there is one girl who is my age, 24, who made millions selling on depop. i think this is a trend. also, we talked about the metaverse. what companies are enabling digital ecosystems within the
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metaverse that are enabling connection and culture? that is another big trend we are watching. in general, expect more individuals becoming investors and investing becoming more accessible to younger people or people who are outside the traditional ecosystem. emily: my colleague covers the entertainment industry and wrote spotify, youtube and maybe netflix have a gen z problem. would you agree? it it -- is it only tiktok that doesn't have a gen z problem? >> if you look at my spotify this year, i think i'm the one with the problem, not spotify. depending on the tool, and the user mechanics, how you bring people back to the ecosystem, all my friends love spotify. i don't use apple music, i think it depends on the user
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preference but -- and also where you spend time. we are living in the attention economy. every platform is trying to get your time before you go to sleep between work calls or whatever because we are all working from home, but i use spotify religiously. i'm dedicated to the spotify platform. my younger sisters are, we are also gen z and what is great is, they have these retention mechanics in place where every year i look forward to my spotify wrapped. i'm in the top three of the fan base and they tell me that. i will continue to listen on spotify and know where i stand, who i listen to, who my favorite artists are. it makes music fun. tiktok obviously has done a great job retaining users, attracting gen z. when you think of consumer social, the one billion monthly active user metric, tiktok did that in half the time of instagram. they are encouraging creation and remixing. they are tied to not only the form of video, but sounds,
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videos that change everyday. i wouldn't say it is every platform. emily: that can be good and bad. tiktok had a major trending issue last week, the wave of school shooting threats circulating on tiktok that prompted some school stuff close and some to bolster their police presence. tiktok said they handle even rumored threats with seriousness, which is why they are looking into working with law enforcement. how much do you think things like this will hurt tiktok? how much does gen z care that the platform can be problematic? >> i think it is inherently, it is a double-sided coin in a lot of ways. i don't think these threats will keep gen z off tiktok. tiktok is a social company but more than anything it is entertainment. people come to tiktok after a long day and kick back and watch videos. it is therapeutic, fun.
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the problem with tiktok and the benefit of it is that 99% of the content you see is discoverable. it is from people you don't know. as easy as it is to blow up as a creator and get people onto your mission, your videos, the same goes for things that are inherently bad. i think in that sense, it is important for platforms like tiktok to embed these things into their tech. how are they monitoring sentiment of things that are trending? how are are they working with law enforcement? the response last week was swift but this will be something that continues to happen with how tiktok exists. emily: appreciate your thoughts. we will be watching to see how you follow gen z into the next year. thank you. coming up, apple delays its return to office indefinitely. what else is in store for the iphone maker in 2022. details on that, next.
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let's take a look at shares of macron, once again the largest u.s. member -- maker of memory chips giving an update for the current quarter, helped i demand for data centered gear. the company benefiting from memory chips used in a wide range of products and not relying heavily on pcs and smartphones. this is bloomberg. ♪
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>> covid is having an unfortunate resurgence leading to growing case numbers and the new omicron variant. like every aspect of the world today, this is having an impact on apple's operations. over the past week or so, apple has been forced to temporarily close about half a dozen retail stores across north america. that is due to a rising employee case numbers and exposures in those areas. at the same time, apple restored its mask mandates at all of its u.s. retail locations. it is also limiting occupancy to promote social distancing. outside retail, the virus is also having a negative impact on apple's corporate environment. for the fifth time, apple has pushed back its return to office deadline. the change this time is apple told staff the deadline is now a date to be determined. that is a shift from the previous february 1 date, a
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delay from january and then from october, september and june before that. indicating apple may feel like work from home is here to stay, at least for a few more months, is a new work equipment bonus it is giving to all its employees globally. to all its employees globally. -- i'm mark gurman. this is power on. emily: don't forget, you can subscribe to mark's weekly podcast erie let's take a look at other stories. airlines in the u.s. are ramping up their warnings on the new 5g wireless service. officials say the new wireless signals threatened to interfere with equipment that tracks aircraft altitude and could prevent landings in poor visibility, leading to widespread delays, diversions and cancellations. the wireless industry insists the concerns are unfounded. equifax will include by now, pay later purchases on credit reports. it is the first major company to
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make the move. equifax has to persuade major by now, pay later providers to report customer data to the company. in china, the government imposed an unprecedented $210 million fine on an online influencer for tax evasion. he is one of the biggest stars on alibaba. her job, convince shoppers to spend big on cosmetics, appliances and clothing. the case makes brands who rely on social media influencers drive sales. coming up, focusing on the future. we take a look at a vision for smart glasses and how the industry plans for you to use them. details, next. peggy johnson, ceo, will talk about that -- the next generation of wearable devices. this is bloomberg. ♪
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emily: welcome back to bloomberg technology. let's get back to the markets. a big deal for oracle, buying cerner. >> one of the two big stories, oracle is looking at buying cerner for $28.3 billion. the wall street journal, reporting it will be buying it for $95 per share in an all cash deal. this will be the biggest deal for oracle in a while.
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i want to hit two quick stocks, apple and ericsson. apple filing a lawsuit against erickson, against a 5g licensing agreement going back to 2015. this has to do with market share. that is a theme with oracle as well. erickson losing some of the market share when it comes to 5g and apple says they should lose the net payment apple has to do, as well. that will be ongoing legal action to watch. speaking of architecture, this is why oracle's deal is important. oracle losing market share with its own business to microsoft, which is leading to this bid into the health care space and that brings it to cerner. compared to the deals made in the last couple years, the last acquisition they made was 2017 and it was a $.7 billion. this is a huge bat from oracle going into the health care space. it earns them a creditwatch negative for the s&p, the idea
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that they have to watch the balance sheet, how much money they will borrow to make the acquisition possible and successful without being downgraded to junk territory. that will be a crucial thing to watch for the stock. the movers that aren't necessarily in the deal space but in the crypto space, bitcoin was down for most of the session, a risk off day on the markets. how it showed up in the crib no -- crypto stocks, blockchain marathon and microstrategy lower on the day. we'll sentiment shoot up tomorrow? if it does, do we see crypto names shoot up with that? emily: we will be watching that. thanks. the idea of smart glasses has been around for a while we have had spectacles, google glass and meta-'s tie up with ray-ban. can big tech make them mainstream? they might with the help of opticians. alex explains. >> during lockdown, people's eyesight got worse.
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the bad news is potentially an opportunity for the silicon valley companies betting on smart glasses being the next big thing. there is data that shows how bad people's eyesight got over the past few years. in the u.k., the royal college of optometrists found 22% of written's think their eyesight deteriorated over the past two years. similar data comes out of the u.s. and china. potentially bad news for looking at computer screens but when you think about augmented reality, the companies that make smart glasses think of it as real estate. if you have to buy glasses, it is easier to convince you to upgrade to something that has a projector in it and lets you see the world around you. the challenge that industry has is not only coming up with a killer application, showing they look cool, but getting them onto people's faces. these glasses are right now really expensive.
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if you are an early adopter or a company that sees a corporate purpose for having these products, you may be like to buy it but for everyone else, before they think about spending that money it is likely they will want to try it on. that means possibly having some sort of brick-and-mortar location. unlike amazon or asp -- or apple, facebook doesn't have a distribution network. apple has 500 stores globally. that is an advantage when you want people to try your product. facebook does have a partnership with ray-ban. it is making smart glasses that have a camera on each side, let you upload photos and videos to facebook platforms and instagram. ray-ban is a unit of lugs to -- of luxottica, and it owns lens clack -- crafters. it has 8000 retail locations around the world. that makes apples 500 look paltry. with smart glasses, there is a
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good chance that if you need corrective lenses, the glasses will have to be tuned to you. how many distribution channels will have an optician, as well, and that could have you an edge when competing with tech giants. it needs to convince luxottica to distribute the products. it could cut distribution deficit it has to apple. emily: we will stick with the idea of wearable devices and bring in the ceo of an augmented reality company. magic leap on your website says the metaverse is already here. what do you mean? >> right now, you can see r.o.i. in the glasses we have. we are squarely focused on the enterprise, but our next
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generation device is smaller, lighter, faster, meant for the enterprise, for all day wear. you opened with the optics opportunity, we have a company that we are working with that does really i exams -- eye exams, and this could make eye exams easier. you could potentially democratize exams rather than going to an office and have to get on one of those large machines that examine your eyes. we can do it for a fraction of the cost with our partner on a magic leap device. emily: we are waiting for the next version of your ar glasses. when will they hit the market? >> smaller, lighter, faster, but the field of view, which is the canvas in front of your physical
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world that you can put digital content on top of. it is hard to expand that and we have doubled it in our next generation device. we have also made it a vertical representation so for instance, surgeons in the operating room might look down at a knee and have digital content overlaid on top and be able to look across the operating room at a variety of virtual screens that you can hang there. we have done something interesting, operating rooms tend to be very bright. we can bring the light way down and focus on the area of anatomy the surgeon is operating on, which basically is almost a way to turn the device from augmented reality, seeing the physical world, all the way down and including the outside world that is maybe too light for an operation, so you can focus on
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what is important, whatever the surgeon is operating on. emily: what is the timeline? magically been many companies in the space have been criticized for making big promises and not necessarily delivering. there is concern in general about the lack of progress of wearable technology to really get us to that 3d version of the internet. >> we have devices in customer'' hands now through our early access program. we have four companies in the health-care space in particular, including the company i spoke of. they are testing the devices, getting their applications to run on it. we have a company called think think, and they do eye tracking analytics. for instance, the quick assessment of a concussion, they can use eye cameras that we have in the device to run through their algorithms and quickly assess if a concussion has occurred. we have another company that used it in a mixed reality viewer to plan the surgical pathway for brain surgery. a number of companies we are
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working with already, but we will be launching next year with the device. emily: if i still have to put on glasses to visit the metaverse of the future, is that the seamless usable scalable accessible future that the big believers in the metaverse are pitching? or is it something else? >> i think, and we believe that magic leap, the true promise of the metaverse is when the digital and physical worlds merge. it is not so much when you are fully colluded -- occluded inside a virtual world, but when you can see the physical world allowed -- around you and overlay useful digital content to do physical world. emily: will we need to have a killer app in order to really get there in a mainstream way? >> the apps we are working with, the companies we are working with i believe are the killer app. it will change the way surgery
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is done, the way health care is delivered i having a heads up view -- by having a heads up view of the physical world and useful applications that are a tool to change things from 2d, surgeons you still -- used to look at a 2d screen. now they can have the brain in front of their eyes, they can walk around it. it will definitely change the way physicians are showing their patients what will happen and how they will plan surgical pathways. emily: you were at microsoft. how do you see magic leap complete -- competing with microsoft and facebook, huge companies with deep pockets that will invest heavily in this technology? >> there is enough room for all of us. we are focused very much on enterprise. we are in a handful of markets. the health care space, manufacturing and the public sector and defense markets.
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these are areas that are used to having displays and we have useful applications for companies building tangible return on investment with these devices already. we intend to partner with companies going forward. the metaverse buzz has brought a lot of interest back to magic leap. our feature set, our device. we are excited about what the future holds. emily: we were looking at the video that magic leap released before your time at the company with the elephant in the hands, that created all this buzz about the future of augmented reality. is the elephant really possible someday? or does it already exist in maybe more exclusive enterprise circles? or is the vision magic leap has now completely different? >> vision has just narrowed a bit. i fully believe we will circle back to consumer at some point. and do things in the entertainment space, with
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elephants in our hands. right now, what is possible is what we are doing in the enterprise space. i think it is very much like mobile phones. in the beginning, they were largely used by enterprise, and the size and cost were a factor, less of a factor to enterprise than they were to the consumer. over time, with silicon integration and component trees coming down, we will have a device consumers can and will wear all day long in a glasses format. emily: peggy johnson, ceo of magic leap, good to catch up with you. coming up, athletes are wearables' biggest customers. what to do with that data collection? my next guest has the answer. this is bloomberg. ♪ emily: the invention of sports
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emily: the invention of sports data makes most of us think of moneyball. but sports analytic is more than that. sports teams are collecting millions of pieces of data per athlete and only projected to keep growing. what do they do with the data? my next guest helps to streamline it so organizations can make use of it. stephen smith is the founder and ceo of kidman labs. thanks for joining us. harnessing that data has come so much farther than moneyball. talk to us about how athletes and sports organizations are using the data they are collecting on athletes today. >> your intro on moneyball is a great one. moneyball was a huge concentration around the ability to analyze performance data in games, just pick the right athletes. the problem was, it was just one sliver of information, just looking at performance data from
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games. we have seen an explosion in data across every facet of an athletes lifecycle. think of this as salesforce for sports. instead of looking at what happens in games, we can look at what someone's mental state is like and how does that impact performance. what we do with them in practice and how does that impact the talent we are developing. how is their fitness, their strength, their sleep impact performance that day? how does it impact their likelihood to pick up an injury? the opportunities are huge. for our partners locally, we have transformed the data into intelligence and it is different for each one. emily: there is the ethical question of, is this being used in the right way? should this data be used to project a player's performance? we have seen the players who have not performed in any way close to the way the data predicted they would. what about the challenges? >> i think actually we have
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started to see good use cases recently with people like kevin who brought in a team to negotiate the biggest contract he has had with the city football group. there are opportunities like that we are starting to see. and other places in sports, we think of people like lebron james, tom brady, sue byrd -- sue bird, who treat their body like a business. they look at the profile and the performance levels they have. i think that is where the opportunity is. if i was an athlete, i would be begging for an operating system platform like ours to help them prolong careers. where we start collecting data on the athletes, the more impact we can have. maybe see -- we see a future 10 years from now where we have 10 times the number of athletes performing into their 30's and 40's.
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emily: is this going to be used for kids younger and younger? will this be used by their coaches to determine how much playing time they get versus time on the bench? >> i think it is certainly going to be used earlier in their lifecycle. we work with ncaa schools. we have worked with in the high school space. we have started to work in that space and i think it will be used to help us understand, how do we maximize the potential of every young athlete? how does what we do every day and practice, what we feed them, how we coach them, how we manage them and nurture them, how will that allow them to be a better athlete? i think the opportunities are incredibly exciting. emily: interesting stuff. stephen smith, ceo of kitman labs. coming up, we will take you live to san jose, california where injury continues to deliberate in the trial of theranos founder
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elizabeth holmes. a live report from the courthouse, next. this is bloomberg. ♪
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emily: the jerry in the elizabeth holmes trial is deliberating the state of the theranos founder. the panel of eight men and four women, deciding whether the 37-year-old entrepreneur is guilty of defrauding investors and patients over the failed blood testing startup. we are joined by joe who has been covering every twist and turn at the san jose courthouse. you were in line at 2:00 a.m. this morning to get that spot inside. what do we know as of this
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moment about what is going on in the deliberation room? has the jury sent any notes to the judge or anything that might give us a clue? >> if i look a little disheveled or tired, it is because i was here at 2:00 a.m. they have been deliberating since 8:30 in the morning and we have heard nothing. which says something actually, which is that they are thinking the case through carefully, as we expect them to do. the jury has a lot of evidence to way. we expect them to take a straw vote to see where they stand, and to start sorting through the evidence. don't forget, we have heard from two dozen, more than two dozen witnesses and there is a lot of evidence. they would begin the process, it is not surprising we haven't heard anything. a note wouldn't be surprising but we haven't heard that. emily: the jerry has listen -- the jury has listened to the trial for four months.
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reports from the inside are the jurors have been taking copious notes, so good to know they are likely taking this seriously. from your perspective, is there any way to predict which way this will go? in your view, did the prosecution or the defense present the better case? >> you and i have talked about this since the beginning of trial in late august, early september. all along, i would say my sources and myself, as part of my reporting, has favored the government. the government is favored in these prosecutions. it is typical that white-collar criminal defendants but they go to trial -- when they go to trial but they lose. it is the government's case to lose and they have built a solid case. it would be surprising in this case if the government lost. there is no way of predicting. the one thing the defense appealed to was finding one juror, the multipronged defense
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aimed at finding one juror who might defect. that is maybe what is going on, what they are hoping that there are one or two or three who aren't willing to go along for any variety of reasons that we have discussed and can discuss further if you want. emily: the jerry has to be -=- -- jury has to be unanimous one way or another for a guilty verdict or a not guilty verdict. if just one disagrees, this could be a hung jury, which wouldn't necessarily be a win for elizabeth holmes. or it should be a win for elizabeth holmes, i should say, but not a vindication. >> a hung jury would buy her time out of prison and more freedom. how the jury splits in such a situation, or how it hangs, how the split goes, has a lot of impact on what happens next. if it is a close split, 10-2 or 11-1, you can expect the government will bring the case again. if it is split closer to
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something in the middle, that is when you begin to see something maybe of a plea deal taking form because both sides realize they have brought their best game and the result was a split down the middle and no one really wants to do this again. emily: whatever happens, elizabeth holmes, the seven days of testimony will have a pivotal impact. appreciate your reporting and covering the trial every day. the 2:00 a.m. arrival time, thank you. the latest installment of spider-man has smashed the opening weekend record for a movie release during the pandemic. the film starring tom holland took ins -- in ticket sales that make it the top grossing film released in the u.s. this year. that does it for this edition of "bloomberg technology." tune in tomorrow when we will be joined by san mateo's district attorney and a partner at sapphire ventures. i'm emily chang in san francisco. this is bloomberg. ♪
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>> this is bloomberg daybreak middle east. the global stocks selloff uses in asia. u.s. senator joe manchin outlines the changes he wants to see after blind setting president joe biden on a sunday call that revives some hope for the build back better bill. omicron b

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