the ceo tim armstrong joins us for an exclusive interview at ces. julia?ong, thanks so much for coming to talk to us today. so marissa unveiled this new program to put a lot of money in content. what does this mean for you? does it put pressure on you to change strategy? >> no, as a matter of fact we're very big partners with yahoo!. three years ago we decided to invest in video content and advertising. aol's results, i'm sitting here with you the first time in almost a decade that aol has grown. we will end 2013 with growth. from our standpoint, we were the first in the marketplace with strategies in that area and we have been very successful at them. i would expect all boats to rise in that area. >> reporter: do you have any similar changes in the works? >> again, we already changed aol three years ago. from our standpoint, a lot of people in the marketplace are catching up to where we decided to pioneer. i think from the standpoint, if you looked at our results from q-3 with content video and programatic, we are clearly number one or two in those spaces

ad technology tim armstrong has done a phenomenal job at aol and moved his company in the directioniarisa is taking yahoo!. it's too compelling. i think it's going to happen sooner rather than later. >> some would say they're kepticle of such a partnership for the reason that aol appears to have some soft same problems that yahoo! has, just on a smaller level. >> i remember a year ago, scott, when yahoo! was my biggest holding and people were saying yahoo! is such a dinosaur. it's doubled since then obviously. i was in it before lobe. i'm in it now. i plan to stay in it until this thing hits $70, probably in 18 months' time. aol, it hit $50 today. that's about a five bagger since about a couple years ago. down in the tens. >> but, i mean, why has it doubled, eric? i think that's a central question to the entire discussion about this company. it's doubled for two reasons. alibaba and marissa mayer. what about the fundamentals of the company? >> the core business of yahoo! has been obviously the weak link here in the sum of the parts story. but i think what's intriguing and that's why

we see a little of it at aol tim armstrong. where's the board on all of that? where are they in the case of yahoo!? it's a question that remains to be answered. this,hy will be running thethey are splitting up responsibilities. >> no question there's a lot of good energy. mood seemsing there, high but this makes you wonder if what's going on and if they are moving very quickly but not necessarily always intelligently. oins user microsoft coo j now. thanks, bob, joining us from phoenix. is this a personality thing or doesn't have to deal with the numbers just not looking good? thatere is a realization things are not that rosy in regards to their fundamental business. if you look at the display revenue being down 7%. 31% comes from microsoft supplying the search engine. most of the market value is in alibaba stock. $36 billion of the market value is from that stock. they are in a lot of trouble. they are really struggling. the issue is the four model. what is their contribution to technology today? they have not resurrected it. >> bob, is yahoo! is not clear to m

as far as deals and patch with tim armstrong. where's the board on all of that? are they here? it is a question that remains to be answered. >> she is also doing some reorganization. mediaave a new leader for and editorial. some of the coo response abilities will go to mike kearns. some people are reporting directly to her. >> there is good energy a yahoo! right now. people who are working their, they seem to have high brow. morale. are they moving quickly but not necessarily intelligently? >> former microsoft coo is here. thank you for joining us from phoenix, bob. what do you think went wrong? is it a personality thing or does it have to do with the numbers not looking good? >> i think there is a realization that things are not theirosy in regard to fundamental business. if you look at that display revenue being down seven percent, 31% of their revenue comes from a microsoft supplying the search engine. most of their market value is in alibaba stock, part of the market cap is in that stock. they are in a lot of trouble. they're really struggling. the issue is the core model.

ithave seen a little bit of with tim armstrong. ?here are they here it is a question that remains to be answered. somee is doing reorganization. some of the ceo responsibilities are going to go to mike kearns. new peopleome reporting directly to her. >> there is no question there is good energy. the esprit de corps seems very this makemoves like you wonder. are they moving quickly but not necessarily intelligently. >> we have someone who might know about this. the former microsoft ceo. went wrong?think is this a personality thing, or do the numbers just not look good? >> i think there is a realization that things are not that rosy in regards to the business. if you look at the display revenue being down, 31% of their revenue comes from microsoft supplying the search engine. most of their value is in alibaba stock. a company that is frankly in a lot of trouble. they are really struggling. the issue is the core model. dated company, and they haven't resurrected it. >> is part of the question, it is not clear what yahoo! is? >> it is th

not done so well but tim armstrong is out today on another business network where breyer index went outo ask about our story. he did not deny it. cheryl: there you go. breaking news it is interesting whether it happens or not hendry is on the record saying he was not shopping. that is interesting terminology. cheryl: did somebody offered you $100 million. >> but i think he wants more his it was over the 100 million plus but it is nice to have the rookie reporter being followed. >> and fox business be back that happens every day. >> we have could reporters here. cheryl: good to see you. we're sitting on session lows right now. look at dow jones industrial average down 108 points we do have some back-and-forth but now we see a little sell-off. there were different discussions with other labor participation rates, more disagreement among fed members as they adjust all of that. we have 38 minutes to go so we shall see. the ceo of the nation's largest auto parts provider of nato sales of $9 billion. we will speak with advanced autoparts seal about his recently completed acquisition of genera

aol ceo tim armstrong saying, quote: our theory is the web is going from search to social, so personalaol better target advertising and use gravity's technology across its own properties like tech crunch and the huffington post. shares of aol up over 63% in the last year. today down in a tough market, down almost 1.5%. on cloud nine, not if you are a city slow of staff member. -- tivo. all that is left on hand to handle support for currents and upcoming third party devices, skeleton crews. tivo is getting out of the hardware business altogether and making a, quote, wig direction change. in may of last year the general manager of products and revenue said software is the future of tivoment and dot.com no more, thousand the last part of your favorite web address could be changing. on february 4th close to 2,000 domain names will be hitting the web, 101 of those belong to google which is interesting since google has done a great deal to make domain names as useless as possible. google was the first to move the search bar to the top of the web beige which allows users to type facebook rath