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00:00IT IS 85% OF THE MARKET. WE THINK WE KNOW HOW TO TAKE BETTER AND VANTAGE OF IT. WE ARE TRYING TO UNLEASH THE FULL POWER OF THE. ANDROID OPERATING SYSTEM. EMILY: WILL THIRD-PARTY ACCESSORY MAKERS BE ABLE TO MAKE THINGS FOR THE CONNECTOR ON THE BACK? NICCOLO: THEY WILL, IN THE FULLNESS OF TIME. WE ARE BIG ON OPEN ECOSYSTEMS. THERE WILL BE DEVELOPER NETWORK AROUND THAT. OUR ANDROID ECOSYSTEM WILL HAVE NO PRELOADED APPS. WE THINK PEOPLE WANT CHOICE. WE WILL TURN THE BACK INTO A REAL STANDARD. EMILY: THE HOME OPERATING SYSTEM OR AMBIENT OS YOU ARE PUTTING OUT, THE CONNECTED HOME HAS YET TO TAKE OFF. WHEN WILL IT? WHAT DO WE NEED TO GET THERE? NICCOLO: ANDY AND I BELIEVE THAT THE HOME IS AT ABOUT THE STAGE OF DEVELOPMENT AS THE PHONE WAS IN 2004 WHEN WE STARTED ANDROID. WE ARE INTENT ON BUILDING OUT THAT HORIZONTAL PLAY. IN DEVELOPED NATIONS, IT ' S GOING TO TAKE THE BETTER PART OF A DECADE FOR US TO GO FROM SINGLE, JUST DIGITAL APPLIANCES IS WHAT PEOPLE HAVE IN THE HOME. WE ARE TRYING TO BUILD THE FIRST DEVICE TO HELP YOU CHOREOGRAPH YOUR HOME, AUTOMATE, CONNECT IT ALL TOGETHER, AND WE ' RE DOING THAT WITHOUT BEING ANOTHER WALLED GARDEN. EMILY: YOU THINK ANDROID IS JUST FINE. WILL YOU EVER BUILD YOUR OWN PHONE OS? NICCOLO: NEVER SAY NEVER IN THE LONG RUN. IN THE SHORT RUN, WE THINK THERE IS A LOT WE CAN DO TO ADD PREMIUM HARDWARE TO A GREAT OPERATING SYSTEM. WE FEEL NO ONE HAS EVER DONE FULL JUSTICE TO THE ANDROID OPERATING SYSTEM WITH THE HARDWARE. WE ARE A HARDWARE BUSINESS WHEN IT COMES TO THE PHONE WITH THINGS LIKE OUR 360 CAMERA. WE ARE SOFTWARE/HARDWARE FULL STACK ON THE PHONE. EMILY: APPLE IS LAUNCHING A FULL SIRI SPEAKER TO TAKE ON AMAZON

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Why U.S. Leaving Climate Pact Disappoints Investors

President Trump announced he will withdraw the U.S. from the Paris climate pact, saying it favors other nations at the expense of American workers. Investor Group on Climate Change CEO Emma Herd speaks on "Bloomberg Markets." (Source: Bloomberg)

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