tv Squawk Alley CNBC January 7, 2015 11:00am-12:01pm EST
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in the middle east for now decades and most recently the situation with iraq and iran. there is something i want to show you. we're going to bring up the website of the charlie hebdo. it's now been changed to this. i am charlie. and this is the rallying cry now across france about an hour from now, 6:00 paris time there are going to be rallies or canned candle light vigils or moments of silence will people are saying i am charlie to show homage. >> in the meantime michelle, obviously we are now confirming three gunmen, not two as earlier reports ad had stated and we assume the man hunt continues. >> we assume that. absolutely. we know the three are at large still. we've seen the video of them getting away in the getaway car. we haven't seen explicit statements there is a man hunt
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under way. but we would presume and also statements from the white house and administration that we are assisting the french authorities in this situation. so what we would presume, yes. as you say. >> absolutely horrific news of course. the whole world is watching as the secretary continues to speak. michelle thanks for that. in the meantime it is about 11:00 here an the east coast. dow is up 144. "squawk alley" begins now. ceo of the daily mail joins us. al jon fortt live at the consumers electronics show and clay tausche here as well. markets are in the green after the s&p down 5 days in a row. we saw oil go negative briefly this morning. s&p and the nasdaq looking to break that five day losining streak. crude oil again below 50 this week but wti was in the red a few moments ago. it does seem once again the market is pivoting around oil.
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everybody assumes as the the supply issue. a mega glut of oil all around the world but he's open to the idea it does point to a lack of demand around the gloel globe and what many believed had ban supply issue. we did inventory that ticked up slightly that caused a little bit of a reversal but the markets are pivoting 100% around oil. also in europe. >> at this point 125 on the dow. the best gain for the dow in about three weeks. next up a lot of apple news. the apple watch could come out a bit sooner than we thought. some time near the end of the march. and the next mac book air could look different. expected to din ed ted to ditch every port on the side of the machine. and they have been granted a new patent for a flexible phone.
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that can be twisted, deformed even fully bent in half. >> let's start with the watch. the amount of tracking devices and wrist devices is almost mind boggling. i've seen five or six being launched rights now and apple in my opinion is going to basically destroy all of these guys. none are much cheaper. they are all about 150 or $200. if you are going to have a wear shl i don't know why you buy one of these. and all these basically do are accelerometers. they track how much you move. the functionality is limited. if you are going to buy one it is going to be apple. i don't see people buying these other devices. >> what is the read in vegas on this? >> these devices, the watch, sometimes you clip them to yourself. they have gotten extremely cheap. well under 100 bucks if you are buying them off brand and they are all other the place. i think the issue is what are
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the best sensors you can get into these. the ones that are really cheap don't have heart rate monitoring. everybody saying heart rate monitoring from a wrist at an athlete level isn't possible. so if apple can come out with a watch and show yes athletes happy with heart rate monitoring from the wrist they can make a quality argument i think others aren't making. >> the other is fitness as category and health tracking as a category, is it a painkiller or a vitamin. pun intend. is it something really needed? or is it technology basically looking for growth. >> samsung, if google, apple? are all these people looking for a category to create when the demand might not be so fervent really. >> you were messaging this morning. a new -- is it a software from under armour? >> under armour came out. and i downloaded the app this morning. it tracks how much you move throughout the day. you can follow athletes. i was fairly unimpressed with it
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actually. every single would have been these apps whether that one or the tracking in something like my fitness it just tracks how much you move. my fitness pal is the most interesting that actually allows you to log calories with an enormous database of food. but most are not that differentiated. >> under armour having a good day on the back of the retail numbers being good. >> i think there is a continuum here when it comes to the stuff like something that a watch tracks. between being a nanny which people don't like saying don't eat that. be sure you do that, to being a narcissist. the selfie age we're in right now. if it feels like you're giving me information about myself and how special i am, people may tune into that. if they can tap into the narcissism of this age then people will probably get it if it's more a nanny telling me eat this, don't eat that. probably a lot of people in
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middle america won't want it. >> jon, apple not at ces. is there a view or mood from other companies there is an elephant in the room they are not willing to talk about at least for one week? >> actually is everybody is willing to talk about it. and i think a big part of the reason why is that at this point we're in a post smart phone era which i i've been preaching since way before even last year. people are building on top of the assumption that you already have an ios or android device in your pocket. so people are building things that link into these. and they want apple and google to push these things even further so smart home, wear sabs and medical and health can be a reality. right now we have a bunch of the disparate gadgets chattering along and no way to manage it all. >> i think the think we're really seeing is a question of whether or not the one time
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movement from kind of legacy media to digital is able to outstrip the fact that the an kourm only has so much purchasing power. so goes the consumer, so goes tech. google is advertising, facebook is, twitter is. amazon is consumer purchasing and google is basically been flat for a year. amazon is down 25%. so i think what we're really seeing is an exacerbated swing in these names because they are not completely unexposed from how much spend power the consumer has. >> how many channels do you need to subscribe to and remain content? >> and in i think in times when sentiment is positive people say the upside is unlimited and during the times when the consumer pulls back everybody says well the advertising can only be 500 billion dollars in the u.s. >> -- >> that was awkward. i'm going to let steinberg go
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and get to the rest of the -- forgive me here. in the meantime the messaging app acquired by facebook whatsapp announcing 700 million users worldwide. comes after instagram remembered meeting 300 maus. joining us nick builtabiltonbil. you said the beauty of zuckerberg is he buys the next big thing before they can goat them. i can't think of a better example. >> the beauty of the chart that though shows the growth of whatsapp is astronomical. they added 100 million users in four months. >> it is still going take a while for facebook to figure out exactly the right way to approach monetization.
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do you think those numbers at least give it a longer leash with investors for now? >> zuckerberg has always said and what is app has said they will not monetize until they goat a billion user. the reason is they don't charge for the first year then a dollar for the second year. what you are going to see is a huge growth upswing that's going to continue on the same pace, probably actually even quicker. and then i think you are going to see in a year or so monetization from that. the thing i think is really interesting is the consumer wins in all of this. what's happening because whatsapp has grown to quickly and other apps like line and so on you have the networks trying to compete. so they are saying we're going to give unlimited texting and phone calls and things like that which is what whatsapp. so we're winning in this whole battle. and i think you are going to see more monetization efforts from facebook and whatsapp probably by the end of the year i would
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think. >> jon fortt, do you want to weigh in? >> yeah i think this is particularly interesting coming in the context of ef williams excellents on media the -- comments on media. now whatsapp also putting out monster growth numbers and from where i sit absolutely monthly active users matter. maybe not the only thing but if you combine that with engagement and instagram's potential for advertising on one hand and whatsapp for subscription and usage based on the other hand it is a very powerful argument for connecting the world and having lots of different ways into sort of powering the next generation mobile eco system. i think twitter in the context of this is in a really odd position. i'm interested in what you guys think about that. >> jon i'm going to have to disagree with you on this one. i think monthly active users do
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matter but not to the degree that wall street is jungi ingju them. >> i think you are agreeing with me. >> a mile wide, inch deep. when essentisocial networks cam there was no way to judge them but okay we'll look at the number of users. and i think the reality is it's how people engage with the network, how much time they spend, how much they share. look at twitters numbers. 's 240 million active users but half of them don't actually share anything. >> but i think that is a strong man. nobody is arguing only monthly active users matter. facebook for a long time has been saying not only do we have a billion users but look how much time they are spending on mobile. certainly the same argument by instagram. certainly by whatsapp not just the number of users but the number of messages. i don't think anybody is arguing just monthly actives matter but
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they do matter as well and that puts the ball back in twitter's co-you are the to say yes engagement is great. all these messages sent are great but can you also grow users. >> nick, i thisty questi the qu would street would probably pose to you looking at across different products, now that the social networks are the public companies, what is the metric to compare apples to apples? because wall street wants to measure growth and compare. >> great question. and one of the things i would say is certain companies monthly active users count. whatsapp for example. there is no metric that is consistent across all of these apps and services. a monthly active user could be someone that accidentally opens their app once a month and they are considered a user. maybe it's someone who spends x
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amount of time and the other thing for a company like twitter maybe the monthly active users aren't going to grow at the same pace. i look at it like cable television. it is not the number of television channels. it is the number of eyeballs that are watching and for how long and i think that should be a metric we apply so some companies and other companies maybe it should be active users. >> the measuring viewer ship of any kind. it continues on and on nick. thanks for your time. we'll talk to you soon. nick bilton of the "new york times" out west. kara swisher joins us live when we come back. and not the best month or so for apple. shares down over 10% since hitting all thyme highs in november. is this a buying opportunity? and let's look at the markets. in the green. best gain in a couple of weeks but well off the highs as we
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record highs they saw last october. gopro ceo will be live on fast money at 5:00 eastern right here an cnbc. >> thanks dom. back to apple. head lines of the day. shares of aapl recovering after suffering the worst losing streak since october 2007. apple up 1 and a quarter percent. that is leading the s&p higher today. joining us is a brian white. good to see you. >> good to see you. >> the question for apple has been for recent memory, how long does this product cycle last? and how much does that contribute to the stock at this point? >> well, i think you are still very early in this product cycle. so we've called this a supercycle. we started with iphone 6 and 6 plus that got them into the phablet market and we haven't released had apple watch.
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every four to five years you get a new product category and that is very exciting. good for shares and good for the income statement and i think we're just getting started with that. any time we get a pullback like this we want to be buyers of apple shares. >> the big question brian is how exactly does apple handle the watch in 2015? we're going to get something around a march/april time frame one would imagine. they have tended to release other products in that window. do they deliver them in volume? and do they deliver them in volume at the 350 price point, the low enough that we get lots of head lines and lines outside stores? do you think that is going to be a significant factor for the stock in 2015? just the supply and how many apple rolls out at that price. >> it's a good question. a lot of times at first there are shortages of the apple products. i think it will be more important from the sentiment standpoint. they get a new product category, to get people excited about something new at apple. and i expect the marketing
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campaign to be massive. we've said we think this can be the biggest product at apple in history in the first year. apple sold 19.5 million units in the first year. we think apple watch will surpass. >> you think they can do more than 20 million units in 2015. i guess the question is do they want to. >> i think they want to. i think at first they may not have all the volume they want but i think there will be enough to hit that target as the year brogs. >> earlier this week. or perhaps late last week we got comment there is venture capitalist fred wilson who said this year we'll see a flight to safety but not a traditional in treasuries or gold. he said apple, amazon google will be the modern day flight to safety. i'm wondering what you think about that thesis. and we haven't seen it borne out in the first couple days of the year but do you think that changes? >> i think it does. apple is trading at 11 times x
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cash. the s&p trades about 16 times straight pe. and apple's multiple versus the s&p has contracted 55% since '07 so there is a is it secular move up in the valuation or apple. a lot of concerns for the last few years, lack of innovation and competition from samsung, all this was non sense and i think there is a lot of ground to be made up at apple. >> and that's patriot rt of my question and pushback. calling marketing innovations out of google innovations. google glass. well it wasn't real. be my question other about apple is they increased had inventory window with the iphone 6 launch. that is going make for a tough comp in p 2015 and top line movement is going to be difficult given how well they have done. is it a sentiment year, so should investors think more about sentiment than otherwise?
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>> good question. at lot of people are concerned. the only thing i would say is i think china really starts to take off in 2015. the 4, g network will take off. china mobile for the entire year with a big form factor phone. i think that's positive for apple and then apple watch. that is going to beink mental as well. >> we're getting close to seeing what that apple watch looks like. we'll see. for now, brian white we appreciate your time. >> thanks a lot. zb . >> coming up. horror in paris after gunmen opened entire at the satire cal magazine killing 12 people. [container door opening] ♪ what makes it an suv is what you can get into it.
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satirical magazine. president obama strongly condemning the shooting saying the u.s. is willing to provide any assistance needed to help bring the terrorists to justice. stephane is live in paris with more. >> they will hold a press conference in about 20 minutes time so we're going to get more information about this worst terrorist attack in more than 50 years. 12 people killed this morning at satirical magazine charlie. they all managed to escape the police. the prosecutors office didn't give much information so far about the man hunt but seems it is going on in the north suburb of paris.
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francois hollande is scheduled to speak as well. he hosted a emergency meeting at the palace and raised the national security alert to the highest level. who or what organizations could be behind this attack it is not the first time they have been attacked. the magazine was fire bombed in 2001 after it published drawings, cartoon s joking abou leaders. of course that needs to be fully affirmed and this there is no official [inaudible] for the terrorist attack. now i send it back to you. >> we look forward to hearing from the president hollande later tonight paris time. europe is going to close in a few minutes. simon hobbs is here to wrap that
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up. >> lot after green on the screen today. the euro zone e officially ended a price of inflation. that's left ubs suggesting it now doesn't believe the european central bank will announce qe in march and believes it will happen january 22nd as a preannouncement. so that's what ubs thinks will happen now near term. greece we're watching with the electiones on the 25th. greece reopened today. it was close yesterday for the holiday. the bombs traded above 10%. a sharp selloff there. most bonds are held by public institution asks that is where the head party would like the negotiation. she was suggesting he's not seeking greece to exit the euro zone. clearly he'll hold it over everybody as a bargaining chip.
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any restructuring of the greek debt would be systemic not isolated because they think other people like portugal would pick up on and it alberto gala wrote this. we're all becoming traders. this makes risky assets unstable and vulnerable to fundamentals. stay cautious often risky assets and draw a line between what can be supported by liquidity and what needs growth to perform. and that is now key as we've seen with a move on all fixed income. instruments growth. the search for growth as well as yield is keen. a note from j.p. morgan specifically on the greek election. they believe the period of uncertainty will be short lived in greece. either the center left will win or is a reza will win and there will be a second round of elections.
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that would be bullish for the markets. >> thanks simon. when we come back a closer look at the best of the consumer electronics show in las vegas. kara swisher live from vegas and jon fortt in just a moment. she inspires you. no question about that. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure.
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our coverage from ces continues in las vegas. joining us now. kara swisher co-executive editor at re/code. ooh the aviators are out. >> let's talk about apple. clearly they have a rough start to the year and stock is down to the levels of a month ago. but how much of what we see at ces, even though apple is not here do you think really is kind of apple and google. >> everything is about them. they are not here if you notice. and the minute apple makes news it gets more attention. a big people are watching the watch i guess. i don't know how else to put it. so it will be interesting to see how it's received and will sell. and most people are very interested. the two a companies are still the most significant companies on the internet. monk them. and they are not here. and there is no sign of them here. >> and it seems like social media is also important here. not just because everybody is tweeting but because o a lot of
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these devices now are allowing you to get information from your social media account os even send it out directly from a device. what do you make of this whole controversy, ed williams saying hey monthly active users don't matter so much. and whatsapp saying 700 million monthly active users and not just that. people are sending out billions upon billions of message every month. >> i think williams wishes they had that much growth. i don't know how else to put it. his point is there there is a rarified thing going on in twitter which is nice but i don't thinks that the selling point wall street is looking for thr them. they are looking for real growth that this product is in the mainstream. and that is the story they have to tell. what is app is enormously popular abroad. it's great product and easy to use and useful. i think and there is no surprise
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it's growing so quickly. >> walt was with us yesterday talking about gadgets and what he likes and what he doesn't like. >> i was the sunnyside and he's -- >> oh i don't like to -- >> what kind of value can you extract from a show like this. >> drunken internet ceos, really. i'm are sorry to say. >> that's like everywhere you go. >> no they're particularly drunk here. i spend a lot of time at parties with people. i've gone to o a lot of parties, hence the glasses. i don't drink actually which is smarter for me. i spend a lot of o time up close with executes and a lot of executives you don't see at different levels. so it a a great thing where it's a social situation where you can talk about things and it's social. it's professional social. so i think the meetings and the analog encounters are really important. wandering around this place can drive you crazy. >> did you get on the electric scooter? >> no i did not. >> i think we have video of walt
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on the scooter. >> oh no. >> so you've got the glasses for it though. you should have given him the glasses when he got on there. >> i leave that walt mossberg to be mr. gadget. but not many. >> is there anything you have seen here that you think is particularly interesting beyond the drunken internet. >> i think the -- intel was talking about it. the virtual reality is, you know, they tried that a couple years ago here at ces, the 3-d and made a big deal and then it was nothing and everyone out theed and it then it didn't happen. >> speaking of intel, a big diversity announcement. >> i talked to renee james about that. that was fascinating. we had a great meeting and i think it's really important that, you know, it is not good enough what's happening in the silicon valley so they had added
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more money. >> 300 million total. it strikes me as the pifltal moment. it intel and a specific diversity target -- >> and i think again the person leading that the is renee james. a president of intel. very under the radar executive. she's very committed to the idea of it. i had a discussion her yesterday. and i's nice. and they are in the middle of the back around diversity but the numbers are still depressing and haven't changed so something has to happen to make it happen in the pipeline and all through the whole system. >> are we going to see a backlash because clearly there are people who wonder, hey i don't fit in that backs o diversity. >> -- >> frankly in the h 1 b we do see a contingent that says hey don't forget about it us.
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is there a chance of a backlash -- >> -- >> i think -- >> i think companies really that diversity is important to better business. that is the argument people are making now. it is better for business. not just something to satisfy shareholders. i think it really does improve a company when there is more diversity. there are lots of studies to show that. and hopefully companies are getting serious about it. the problem is numbers continue to decline. >> i was talking to him last night and similar and conflict -- >> -- right. >> i don't think they know specifically how they are going to do this. but they have -- >> it is target what it's based on too is it the moment amount of people in the system or the amount of people in general? >> he said the benchmarks are the federal numbers of the pool of workers available in given
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dwrar. >> should be creating diverse workforce at the beginning and i think the pipeline is the big issue. >> yeah. and they are planning to work on that too. we'll see how they do on it. guys at the stock exchange, anything you want to jump in here? >> no i -- i'm just watching the tweets come in regarding kara's glasses. breaking news. kara had a good time last night. kara those glasses work for you. >> well, you know, carl, i have to shoot down all the goofy rumors you put on the air here. twitter, yahoo, nice, well done. aol, amazon. i have to spend my time going around to these executives to ask them questions to help you. >> it's true. we generally come to you and you say that rumor was ridiculous. >> thanks car kara. when we come back check out the markets, dow still firmly in the green, up 114. oil has lost some gains but still up about half a percent.
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today we have a bit of a bounce. consider we settle at 194 yesterday. we're currently at 196. should we settle above the 194 after kind of touching at 186 to 188 level yesterday that would be technically significant. so pay close attention along with the 150 spread to the bund. assume t is norming position is 150. it will keep you out of trouble. yesterday we had a senator on talking about the key stone. the news of late it is going to be vetoed. i won't to say let the vetoes run. maybe it will help explain the grid locke in putting names and faces to things getting through congress or gettingen the books. the recession was '07-'09. key stone first submitted in '08. think about how the world has
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charngd since those times where we're is it ill in zero trurt and no keystone. the iphone made it in 07. we all the first tesla and android in 08. the ipad didn't even come out until 2010. and in the context of all that you think we're still at 0 interest rate policy and if it takes more than six years to build something like keystone and i understand there is more than approval going on here but what does that say about the u.s. economy? we look towards europe and say part of the reason they have these issues, these unbelievable unemployment issues and the reason central banks can't raise demand is because there isn't any growth out there. i get that. but in the end reform is what we talk about in europe. boy, reform should it take six year to get approval for a pipeline? they are building a the 68
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billion dollar train in california and that was first put on the ballot around the same time. >> rick, our thanks as always. more on the developing story at the shooting of the french satirical magazine in paris this morning. we'll go there when "squawk alley" comes back. bulldog: well pup, it's out with the old and in with the new
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of course you can take statistics to the inth degree. >> thank you the flipside is the rally in bond prices both here in the u.s. and in europe. u.s. sitting below 2%. german ten year bund below half of one percent. so a flight to safety in the bond markets as corporate borrowings stands at a record high. >> and then the situation in paris. to the developing situation there this morning.
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12 dead after gunmen tacked a french satirical network. and the threat to the highest level. joining nous us now is don clark. good morning. >> my pleasure. thank you for calling me. >> so much we don't know yet as authorities trying to apprehend these gunmen if they are still able to be apprehended. what will be the tell as to whether or not they were encouraged by an isis or al qaeda or if they truly where are an independent lone wolf. >> well there is always the possibility of the lone wolf. but we have to go back and look at who could have been in the position to get these people to do such things. usually the lone wolf does something simply because of they couldn't have gotten in with some of the other people who
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wanted to do this thing and didn't think they needed them. or they just chose those people the people who are sitting back looking to see what happens are the ones that chose those people to go and do the task. >> don, you know, this comes about a month after we had another situation a lone wolf attack on lintd chocolate in downtown sidney. i'm wondering if you think there are more steps that you think can and should be take on the defend themselves against these attacks? >> well i think businesses as well as citizens as well have got to consider safety of all aspects of our life, whether it's business, whether schools, whatever it might be. we've got to look at it today. because there are numerous types of organizations and individuals who choose that approach to try
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to do either something they want to be done or for some other reason that some times we don't always know what those reasons might have been. >> don, we asked the question earlier this morning to a former homeland security official as to what the barrier is for lone wolves in this country to act on similar encouragement f in fact that's what this is. his argument was the united states is better trained to deal with a shooter in a situation like this. a, is that true? and b, if it is where are our vulnerabilities as a nation? >> reporte . >> caller: i think the united states has taken a really good stand at knowing they need to look at the lot of different areas to try to protect the citizens of united states and those coming in even for business. so in doing so there has to be a
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continuous effort. and particularly in today's world with all of the electronics and all of the information, and all of the billi abilities for people to travel in and out and do so, they have to put in certain procedures for people coming into the united states as to who they might be and how -- you know, and some information about that person coming in and out. and i think they have to continue to do that. and the law enforcement hazahas has to keep itself on its toes about the different types of situations may be going on outside the united states and have been somebody inside the united states to do the same. so it is a continuous job of keeping your eyes on everything. you can't lay back and say we're okay. >> it is a gross understatement to say freedom of expression has had a rough few weeks given the attack on sony and now on a satirical magazine in paris that
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has been critical of leaders of some of these militant groups. i'm wondering few eothink we now live in a world where freedom of expression brings new dangers with it. >> certainly we've had a number of things where freedom of expression does cause someone to be harmed or whatever the case may be. and those are the things that law enforcement, all of our safe areas that try to keep people protected is we really do have to keep a kind of a watch on that kind of thing. and i don't mean by any means that we want everybody to be looking all over everybody as to what they are doing and how they are doing. but it is that time now. and when people come into the united states we need to know kind of who they are, where they are and a little bit of something about this person. and you just sign in and go. come in and visit can go. but other things you have to look at it a today and it's too
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many different ways, electronically and every other way to make these things happen. >> don, thank you so much for coming to the phone can taking time to help us understand this story. much appreciated. >> thank you appreciate. and please don't hesitate to call me. >> don clark. former fbi special agent, head of the new york and houston divisions. when we come back, which chinese companies are making a push at ces this year? we're going back to vegas in a moment. krp financial noise financial noise financial noise
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. welcome back to "squawk alley." check out shares of arena pharmaceuticals. soaring up 43% after reporting positive results from the clinical trial for one of its treatments for auto immune diseases. shares up near session highs by 43%. back to you. >> thank you very much dom. one of the big stories at ces this year the growth of chinese tech companies represented. back to las vegas and check in with jon fortt and take your temperature in terms of wait's been like for exposure. >> it's been real important carl. and i must say the big jump was
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last year, ces 2014. there was a jump from, you know, 600 something chinese companies to 800 something. about 170 company jump. this year the jump was less but i think there is a real qualitative difference where the company like lenovo which bought motorolla was completed a couple months ago. they are a first tier ces company now. and a few others. partnering with roku on televisions. a lot of chinese companies that used to just build for other companies now have own brands and they are doing it in a savvy way even buying western companies to put that marketing foot forward. also with the nsa revelation, fears people had about working with chinese technology have been moderated by the fact there are concerns overall whether you are talking u.s., china or anywhere in between about surveillance in technology. so i think chinese companies are
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more mainstream now, both at the high end, as top tier companies and in the traditional areas where you have seen some of the off brands. some of the manufacturers just coming out here to show what me-too products they have. >> and before we let you go and get you back here to post nine, any other takeaways from ces this year? >> well i think what's big for me is the pieces that are missing. i was moderating a panel yesterday with electrolux and qualcomm and gm and phillips in the healthcare area. and i feel like they are all waiting for apple and google. in particular, ios and droid are the dominate mobile platforms to pave the way for how everything is going to work. we'll see if that comes this year. >> great coverage all week. safe travels home.
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jon fortt in las vegas at ces. >> by the way dow close to session highs here. up 176. home builders making their move. as low mortgage rates work their way in. >> let's get to headquarters, wapner and the halftime. thanks so much. welcome to the halftime show. let's meet our starting lineup for today. joe terranova is the senior managing director at at vertis managing partners. josh brown. and jon and pete najarian are the co-founders of option monster. twitter's future market mover bob pek on why so many insiders are is selling and whether a big deal is in the cards. and our battle for trader
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