rupert murdoch dodges a media bullet in the u.s. workers - how they can drive the news coverage and... say. >> the ted talker who has no idea. when greece's syriza party was voted into power, the media party was ready knowing that alexis tsipras would be the leader. in one way, alexis tsipras made it easy for them. the party's name is an akron ym translating to the coalition of the radical left. once you get past of the label and look at the policies, are they this radical. the consensus in the news media, corporate owned, is that harsh brutal austerity measures are something that greeks must live with syriza has been chipping away at that. there was no mere charm offensive by the foreign minister. he was out to subvert financial doctrines and dress codes and dealt out sound bytes slamming into the wall conventional thinking, particularly in germany, where the debate may be won or lost. our change is not a date line, it's a news maker, the academic, politician about to teach europe a thing or two about economics. >> hello. >> report

we saw that tweet by rupert murdoch talk about joe biden actively thinking about running.ld that play into the mix and would that be a big issue for hillary clinton should she announce she'll run which a lot suspect she will? >> you know i think it's a really fascinating thick to look at these two characters. they have both sides. joe biden has this folksy down home look that is so fun to watch him but hillary is sort of this character. she's, you know she's the person who has to run to see what's going to happen so it's i think up to her. >> it's going to get interesting. that is for sure. despite whoever is in the race. it's definitely going to get interesting. thank you very much for joining us. >>> another record breaking weekend at the box office. plus an epic battle on a special super bowl edition of "the tonight show" is next. oducing preferred rewards from bank of america the new banking rewards program that rewards our customers, every day. you'll get things like rewards bonuses on credit cards.... extra interest on a savings account... preferred pricing on merril

probably one of the best economic scenarios is rupert murdoch owner of "the new york post," comes innd buys the "daily news" and shuts it down. david: i talked to sources about that very question and if that is the way it works, mogul to mogul on a billion or 2 billion or news corporation -- the younger generations are hoping to deleverage their investment in newspapers even know a year and a half ago they split the company into. there are real regulatory hurdles. even though rupert murdoch has a publishing company and broadcasting companies, federal regulators are looking at them and it is one guy at the top of the paramedic for both. -- top of the pyramid for both. they have talked over the news about deals where they could both limp along and share some of these expenses. erik: i will borrow a line from the daily beast -- if the new york city daily tablet market really amounts to two bald guys fighting. stephanie: two bald guys fighting over a cone? very clever. paul: only a guy with his head of hair would say that. but these are wounded properties and a particularly financially v

"new york times" reported this week on murdoch's dislike for mitt romney. know purely coincidentally that mitt romney is not going to be running for president in 2016. let's dig deeper daily caller gabriel sherman, new york magazine author of loudest voice in the room a book about them. thanks for being here. we're scratching the surface on the power of roger ailes. >> he controls the larnest bloc of republican voters. >> by kols. >> they watch fox news come out in large numbers on primary day. candidates are kissing the ring. according to my sources rick perry came to new york before iowa for the freedom support to meet roger ailes and kiss the ring. courting the good size getting reliable coverage. >> what i'm saying these candidates also go and visit other network executives media executives what's different about fox. >> fox controls this audience. if you want to be a republican front-runner you've got to get prime spots on fox. you've got to get prime bookings. ailes is that ring you need to kiss. >> matt have you sensed the same thing, have you sensed

sometimes a little bit of support in time warner's stock price for murdoch coming back but i don't thinkg to happen but he's a deal junkie. >> thank you for your help. good to talk to you. >> up next find out how tesla's trying to warm up to buyers in cold weather states. a look at performance version of the p85d when we come back. introducing aleve pm... the pm pain reliever. that dares to work all the way until... [birds chirping] the am. new aleve pm. it's the first to combine a safe sleep aid plus the 12 hour strength of aleve. for pain relief that can last all the way until morning. new aleve pm, for a better am. we needed 30 new hires for our call center. i'm spending too much time hiring and not enough time in my kitchen. [ female announcer ] need to hire fast? go to ziprecruiter.com and post your job to over 30 of the web's leading job boards with a single click; then simply select the best candidates from one easy to review list. you put up one post and the next day you have all these candidates. makes my job a lot easier. [ female announcer ] over 100,000 businesses have alread

this announcement was made after a three-year probe into rupert murdoch's phone.e was working for british companies that were eavesdropping on american phones for years in search of stories. the american department has not commented on its decision to file charges. >>> this was a deadly accident last night in villanova. police say a tree fell on a car killing the driver on spry road. no one else was injured. >>> now that accident in villanova was the 13th weather-related death in the country. one of the other victims was a massachusetts woman run over by a snowplow. the woman was hit in the parking lot of a condo complex outside of boston. the d.a.'s office is investigating to determine if charges should be filed in that. >>> and in connecticut, people are still working to clean up after two winter storm there is in the span of one week. 11 inches fell in waterbury yesterday making it tough to get around. no snow chains on those tires. some residents say this storm was worse than the blizzard of 2015. >> it was for some. >> we missed the one about a week ago. then

murdoch didn't share any details. john kerry, the current secretary of state, has ruled out another presidential run. >> from twitter to twitter, our twitter question. see how many times i said twitter? would you fly ryanair for business? that is the question of today. you can tweet us. >> have you changed your views? that would be the interesting one. let us know. we would be delighted to hear from you. coming up, can greece kick its debt addiction? we will have more with oxford economics, next. ♪ >> 15 minutes past the hour. welcome back. you are watching "the pulse." we are streaming on the all-new bloomberg.com. check it out. >> restoreth europe. prime minister alexis cigarettes -- alexis tsipras and yanis varoufakis due to arrive in downing street. we are joined by gabriel sterne. gabriel, thank you so much for joining us. what does mr. varoufakis need to do? last week was a fiasco on the market. they steam -- seem to have tempered that stance. clear message to investors should be what? >> he has a dilemma. he is

rupert murdoch has turned this into a european colossus. it is the second biggest.e growth that was good. sales up 5%. profit up 16%. i think what really stuck out was losing their customers to the like ofbp. u.k. highest growth in nine years. they are saying germany, austria, record growth. we spoke earlier. >> it has been an excellent start. we see record growth in germany. the u.k. we have seen the strongest rate of cuts in nine years. we posted revenue growth of 5% which we are very pleased with. >> also, they are not just growing in terms of international presence. they are growing in terms of the products. if i have to spend about every time someone says quad play someone would make a fortune. it is bp that basically shot of firework. suddenly it is not just broadband. they want mobile as well. >> let's bring it to my world a little more. sport, it doesn't matter if you hold bt stocks or skies stocks. this is a huge risk. >> that is why we are not seeing the shares quite so euphoric. they are the highest in almost five years, but the risk is starting this week

one of them may be that rupert murdoch doesn't take no for an answer.r time warner? -- might he go again after time warner? >>maybe. another question we have is charlie going back to the ceo of dish. why is he the most hated man in hollywood? this is a guy that has been sued by all for broadcast networks. his auto hopper feature is despised by anybody who runs a network. he has dropped channels like the walking dead or amc. he dropped them because he is not happy with their fees. he is voted -- it is voted as one of the worst places to work for. we will dig into that. >> he is not the most hated man in hollywood. on your twitter feed, you pointed out there is possibly a new entity for hollywood to hate. critics major award shows will be broadcast on facebook later. >> there are more 18-32-year-old on facebook during prime time than all three networks combined. binn goes with the eyeballs are -- business goes where the eyeballs are. ad revenue was flat this year. it is surprising how long things take but shocking how fast they can happen. we are into the

rupert murdoch with a bird don't you think? why do you think the movie was so good.e damn near wrote the script! pearl harbor, fox news knew that japanese were coming. potato famine fox news irish anchors did nothing to stop it from coming. they're the culprits. tsunamis fox news. earthquakes. fox news. tornadoes, fox news. that meteor hit in russia, blasted buildings a couple hits back. fox with a little payback. this goes way back to the dinosaurs. fox news, killed them off. and the big bang? fox news, started to light itself up. only the toy with all living creatures since. i'm glad i got that off my chest. john, you had me in tears. greatly relieved to see the fox did not perpetrate the lipped berg baby kidnapping. well. mr. cavuto, you had knee shooting coffee out my nose. great work. ruth missouri, thanks heavens i can stop blaming bush for everything. holder must be doing a slow boil to exposure to his illegitimate sy. great job, neil. fox news did it. lol. laugh out loud? a lot of laughs. any way write me aol. killing off dinosaurs was a mean thing. too bad y

so rupert murdoch with a beard don't you think? now you know why the movie was so good. knew the japanese were coming. the potato famine even fox news' irish-american anchors did nothing, nothing to stop it from coming, they are the culprits. tsunamis? fox news. earthquakes, fox news. tornadoes, fox news. that meet orhit in russia that blasted buildings a couple years back, oh, fox's little putin pay back this goes back to the dinosaurs, fox news killed them all the big bang? fox news started lighting itself up. only all living creatures, make mockery out of political leaders today. you know, it is a wonder a wonder we can even look in the mirror. it's a wonder the folks who say this nonsense have even bothered to do the same. keep looking keep looking. all right. you know, i got a lot of reaction to this whole issue when i started it with eric holder on my fox business show that we will continue this theme, online, off line, in the grocery line. a ton of letters, a ton of e-mails. you might be among them and you might see yours tonight. 8 p.m. on fox business network. a

. >> it's not the only one, not just murdoch papers. >> a hard look at what we do and this is an occasion to do that. >> hopefully this will be an opportunity for reflection across our industry. one of the questions we they'd to ask coming out of this to what degree do we decide what is the news and how we define that and to what degree we lead our viewers and readers and what degree we react to them will let's face it news these days is so ratings driven by necessity. it's about the matter of relationship with those ratings and that business necessity. that's also in jeopardy right now. never could trust in journalism be more important than it is now. technology accelerating at an exponential rate has forced a revolution on our soul. there's a social revolution with social media and instantaneous nature of things. >> that's how brian williams found out as it were. it was on facebook driven as it were picked up by the fresh. now this rolling thunder that everyone is under scrutiny 24/7. >> i want to take a break. i want to talk more about nbc news and systemic issues. thank you for being

fox news owned by murdoch made a different decision. they showed a brutal still image from that video showing the pilot succumbing to flames. and on its website, fox news made the entire 22-minute video available in unedited form with a warning that it is extremely graphic. "the guardian" reports the twitter accounts associated with isis supporters have been sharing the video which has been taken down from youtube and facebook, via links to the fox news page, with one isis sympathizer saying, whoever is looking for the full conversion of the video, here it is, and it cannot be deleted because it is on an american network. in a statement, fox's executive editor said it, quote, decided not view this disturbing content. earlier i spoke to a senior analyst and asked him why isis screened the video. >> they screened the film. they had interviews with locals in raqqa. they asked them, what do you think of this film? the response was, you know, an eye for an eye. we punish just like how we are being bombarded. the entire video is supposed to b

and we will not allow you to house these murdoch -- documents on computers at the senate. that is not safe. they will be on computers the cia maintains but we will turn them over to you for your use. and these details become important later on as we will see. and the cia saying we need to do a complete review before letting you see anything and that is for relevance and privilege and if we have lawyers what privileges are there that let you hide things from the oversight committee? none. we have to have the review though. and we don't have anyone on the staff now who is available to do the review. so we will hire contractors, get this, super-secret so secret we cannot show it to the senate but we will hire contractors who have never seen the documents and wouldn't otherwise be able to see them to do the review for us so it will not burden our staff and that will take many months before that can be done. so years. it develops on and this is a very very conscious effort to slow walk the entire process, to drag it out year after year after year. and as we get down to the end

. >> rupert murdoch. melissa: love him. >> roger ailes? melissa: heard conversation about layoffs or firings of someone else. 22% of conversations have heard conversations about someone else's compensation. 18% have heard conversations about someone lying to the boss. uh-oh. 11%, have heard conversations about setting up a coworker to fail. that is really malicious, yikes! >> that last one, sounds like cnbc. melissa: uh-oh. >> wait a minute. >> i run a company, that is information intelligence and security company, right? melissa: yes. >> what do we do? we provide information not readily available to public. >> steal information. >> to law firms and others. no, we don't. some people refer to it as information gathering. people should be this runs counter to our business model this is selfless act i'm engaged in. melissa: go ahead. >> people should be very very aware of everything they're doing in the office. sled everything you've got in your office. sled pieces shred pieces paper. amazing what people throw away in office environment. amaz

in which they compete with us, you would not give your media plan to michael bloomberg or rupert murdochr less moonvess. you would give it to when independent. we are providing independent technology -- you don't know how the google algorithm works. there is a lack of transparency. it is a bit like the coca-cola formula used to be. we are providing an gnostic platform. all of these technology investments but is firmly in the data and technology camps. >> now you have $19 billion for snapchat $11 billion for p interest. >> $45 billion for xiaomi. >> yes, they are getting millions of viewers and these viewers are relatively -- very young. is it worth anything if you can't monetize them? >> they are. we saw snapchat trying to monetize through their channels. pin will try to do the sameterest -- pinterest will try to do the same. the biggest are google and facebook. in display and video and social and mobile, what you see is -- last year our biggest media relationship was google. facebook last year was just under 60 $50 million -- $650 million. google became our biggest relationship -- >> wh

. >> rupert murdoch's news corps will not be prosecuted. the department of justice has been investigating whether any of the hacking has taken place. and the department says they are not pursuing any charges and are closing the investigation. the greek finance minister outlined plans for a debt swap. there was borrowing for new bonds and that is a change for the coalition that had been calling for the euro area to write down grecian debt. >> i have fatigue. a nice play on words. as is uber did not have adversaries. there are well regulated competitors and a new potential threat. here with more is caroline hyde. what is the story? google -- are they looking to get in on uber? what's it seems like all is fair in love and war. luckily, in conjunction with the project's to everyone's excitements. it was assumed they would work together. the investment arm of google put a quarter million dollars into uber and put even more money in the 2014 fundraiser. david drummond, the chief legal was on the board and we understand the same executive on the b

rupert murdoch also chiming in.ead of the russia central-bank that she is unlikely to reverse last month's interest-rate cut as she expects inflation to flow. she aims to grow the russian economy. >> neither monetary your budget can table economic growth. >> she also said she has a lot of respect for -- who is able to achieve a declining -- while guiding the u.s. through a difficult time. and get ready for a petition from the former chairman of the u.s. reserve, adam weight in that -- that greece would be unlikely -- that it is only a matter of time before greece is forced to leave the euro. that is the latest word from world news. another update and 45 minutes kathy hour. a high price of the dollar may only hit the russian oligarchs very healthy fuel demand for luxury condos in miami and los angeles and here in new york is encouraged think our way -- waning, leaving many places unsold. in manhattan alone, 2386 newly built luxury condos will be listed for sale, the most on record according to data compiled by the su

will rupert murdoch make another go? if you done? -- is he done?rst of all, he's got two more weeks for making discoveries. are we going off the empire state building tomorrow? >> is thereshading his appetite? >> i would think so. i don't know about the third time around at time warner. >> that seems to be what is being speculated right now. what do you think at the >> i think the money is available. this is a good time to do it. we will never see these interest rates again. >> you mean these low-interest rates? >> yes. >> that's why i'm saying you have to jump on a bandwagon. it's a good time for acquisition. >> i heard he's interested in bloomberg. >> oh. no comment on that. his nbc going to pull out of its ratings? -- is nbc going to pull out of its ratings? and now with brian williams being suspended for six months this hits close to home. what do you think about that? >> brian had almost 10 million viewers. when you think about that, if you go by 20 years, that's not so great. to have 10 million viewers today, that is four times what fox gets

although our lead -- one of murdoch's strongest supporters.shares in his company have fallen 21% in the last year. a major turnaround in the price of oil. crude has been on its hair up 15% in the last few days. trading just above $15 and -- digging dollar -- $50 per barrel. energy companies are trading their treasured pipelines and plants to get some quick cash. joining us for more on oil's ups and downs, economist nouriel roubini. also, isaac r restoreth. this is another example of how show producers are becoming victims of the oil crash. they are selling their assets. >> they are looking for anything they can afford to spare that will give them cash. a lot of these companies were outspending their cash flow when oil prices were $100 or higher. now that we are half that, they are desperate to keep on drilling so they can keep increasing production. the money has to come from somewhere. >> nouriel, i know you mentioned at. post that oil was going to come back to about $60 per barrel. do you think we have hit the bottom? >> most likely yes. red

betty: speaking of warm buffet he is going bigger on a hollywood studio with rupert murdoch. .y weinstein wants to get invited. he politely declined saying since the academy continues to ignore me, i'm having my own awards dinner at a local dairy queen. so far i am the only one who has accepted. we will be back. ♪ betty: world news headlines. the company which was founded in denmark in 1847 is to appoint its first non-dane to the top job. across asia, celebrations have begun for the lunar chinese new year. the year of the sheep will be welcomed on thursday. in china, hundreds of millions of people are traveling to be with their families. the state media saying 3 billion passenger trips will be made. imagine the traffic. in 2015 is not two months old yet china has 2 -- two dozen new billionaires. they include the head of a drugstore chain, a video game developer and the chairman of a low-cost airline. all their companies and others have gone public in the last six weeks, creating a friendly -- a frenzy of investment activity. can this last? joining me is colette melby. why so ma

the company cut its holding after we saw murdoch's fox news will not be charged over the hacking scandal move by his royal highness. >> coming up, it's bar chart time. has oil found a bottom? ♪ >> time for today's bar chart. has oil found a bottom? brent crude is in a bull market from its six-year low right here, january 13, $46.59 that day. 24% that day. 20% is the bull market of $57. that was below the high of $115. have we seen the low for oil? is this the bottom. oil could fall as low as $40. what caused this was a plunge in drilling activity. oil companies such as shell reducing spending to more than $40 billion since november 1. just a couple things worth noting. the biggest ever drop in brent from 146 dollars to $36 between july and december of 2008. but plunge was interrupted by a brief rally of almost 20% in late september that year. let's finish really quickly. i'm not convinced prices have hit bottom. it's too soon to say that. they are a leading indicator of production, but there is a lag of several months before we see an impact on production. has oil found a bottom? >> thes

we had rupert murdoch -- i'm sorry, chris matthews asked is rupert murdoch was of real american.oward dean watley said that he questioned the patriotism of republicans. you had obama say that bush raising the national debt it was un-american. it seems to me that it is ok for liberals to question the patriotism of republicans, but don't you dare question obama. by the way, another question for your democratic caller is, if you love someone -- pedro, i don't know if you're married but if you find out the your deeply in love with your wife, why would you want to change her. host: jerry, did you agree with the former mayor? caller: i agree with him. obama does not love the country. he will about the country once it reflects what he wants. for eight years, he has constantly talked about how america is not exceptional. trying to excuse isis for the crusades. i just believe that one of the government agents came up there and said that the real threat to america is republican extremism. that means, if you'd disagree with obama, you're the real threat, not terrorism. host: let's hear from

rupert murdoch is putting the puzzle pieces together to become a juggernaut in europe overall and weg start . operating profit is up 16%. scale has grown. they are adding customers in the u.k. >> it has been an excellent start. we see record growth in germany. in the u.k., we have seen the strongest customer growth in nine years. we posted revenue growth of 5%. >> i think that churn comment is really important. lowest rates of churn. they are not hemorrhaging customers. these companies are now all talking about an interesting move recently made by sky. it is lighting a fire underneath telecoms. you have to have mobile. sky is getting in on that and they are managing to stop any customers jumping to other competitors. they are offering very cheap deals to keep them. >> what about the negatives? >> big risk. the auction rights. we will find out later this month how much a company is going to have to throw at this situation. 2012 was when they bid for the three-year rights to these football matches. and the u.k. come of most popular sport is football. 3 billion pounds was how much they

sarah murdoch is the head of the corporate foreign-exchange sales. next big thing -- the company is sending invitations to a press event where they will unveil details about the release of the apple watch, according to a person with knowledge of the matter. the events will take place on march 9 in san francisco. air asia posted a net loss of almost $119 million in the fourth quarter. the ceo told bloomberg that business is looking strong for 2015. >> associates are doing much better. pan am is blooming. indonesia, despite what happened sales have gone ahead of where we were. is obviously a tough. period for all of us but we have held up well. business looks quite strong for 2015. >> raising living standards depends on raising productivity according to the latest economic survey. at how does the u.k. address productivity gaps? our next guest has some ideas. some of your thoughts. we work harder if we think -- this is my favorite. we work harder with people we like. that is what has been getting me down. [laughter] >> like you think i invited octavius

our company, 21st century stock because we have the best minds in the world, roger ailes, rupert murdochey call warren buffett the oracle of omaha. he has invested in 21st century -- stuart: you get that bonus. the real story. >> warren buffett's model is to buy companies he believes are below their value so what he says is this company is below what it should be worth. 20% below. i don't work here but i love it here and this is great value. you left out some names. bill shine. stuart varney. it is the value play and that is why he bought this. stuart: all joking aside it is a good move financially. you say? >> absolutely. i say unparalleled in the history of finance. stuart: i got to take a look at apple's. it is the latest, $127.90 on apple. awfully close to its record high and were $740 billion at that level. the latest product is not apple watch. it hits the stores in april, 6 million have been ordered from aviation manufacturer. there are reports some of the biggest fracking features like measuring blood pressure, heart activity, glucose and stress levels among others will not be on

. >> rupert murdoch's world news will not be charged in the hacking scandal.hether allegedly payments to u.s. public officials broke anticorruption laws, but the department says it is not pursuing charges and is closing its investigation. alibaba looking to boost its overseas expansion. the chinese company is offering loans through lending club. u.s. businesses will be allowed to apply for short-term lending gloves. alibaba wants to reach some 2 billion individual customers and 10 billion small businesses outside china. sticking with alibaba founder jack maas says the company has resolved is problems with china's state administration. the regulator last week accused alibaba of all kinds of bad behavior, selling counterfeit goods, taking bribes. during a speech, the billionaire says the matter was handled "at the first stage." those are your latest world news headlines, olivia. >> remember bitcoin? we used to talk about it a lot a year ago, when the virtual currency peaked at $979 per unit, now under $250. as much as we have our own doubting thomas onset, there

have been fired by roger ails and if roger ails hadn't done it, he would have been fired by rupert murdochusiness. these people get away with it on a regular basis. here's the calculation they have, they are reaching a minute audience but tends to be a faithful and loyal audience. if you're reaching half a 1%, they don't care if they're insulting the other 99.5% of americans because they've got the audience they want. stuart: you know that comcast which owns nbc, they want to take over time warner cable. to do that they need regulatory approval. they need the obama administration to say okay maybe that explains some of the bias in favor of president obama because they want a favorable decision from president obama. maybe that's what's going on behind the scenes as well. >> stuart incoming news flash -- this city is corrupt, everybody knows it's corrupt. comcast has over 100 lobbyists working in washington, d.c. right now. this is a situation where they are too big to fail, where they can get this kind of control. if you look at the number of companies, the number of networks combined that

i'm going to say when murdoch turns 135 -- >> really. >> 135 years old?'s mandatory retirement 150. >> no, that's viacom. confusing sumner redstone. great to be an october ta again nairian. >> you're going to be good. >> bob pisani on the floor. >> a long way to go, jim. and so do the rest of us. thankfully. a little bhit weak today but coming back. weak innocence two sectors health care and energy earnings in the health care area. take a look at gilead. that's weighing on things. abbvie, celgene, regeneron, big guys in biotech. energy, after a terrific rally in the last few days showing signs of weakness, oil down here. big guys noble, chesapeake halliburton, the most volatile high beta names, also moving a bit. i don't think it should take away from the rally we've been seeing. talking about four stresses in the market. and how they have sort of changed in the last few days. how there's been bottoming going on in oil, in base metals in bond yields. and as europe as well. some going on for a while. oil hovering in the mid-40s. but there's a powerful rall

deconsolidation of shine remember that was elizabeth murdoch's company that they bought?going to cost 100 million. lower organic trends maybe mostly made up of weaker advertising contributing $300 million decline from where they had thought they'd be. no longer at 8 plus billion or 8.1 billion for fiscal year 2016. now in the mid 7 billions. stock's adjusting. you can see there, down 5% this morning. of course, 10 billion in cash. you may recall. and there is going to be that call out there. why aren't you returning to shareholders? why aren't you buying more stock now, perhaps that given is lower at this point. i reported some time back value, looking at an opportunity to get larger. on the call itself a couple of people focused on this particular comment from chase kerry, the man who runs fox, talking broadly here about that transition to digital that so many investors and media are focused on whether viacom on fox or time warner or discovery. turning to the broader industry difficult transition continues to be a glass half-full story for us the movement of advertising

would come across very clear, channel 4 was nbc, we liked watching it and the notion that rupert murdochuy his way to a brighter picture, you would find offensive treating the internet in the same open way is pretty sensible. >> so how will the internet companies as we know them the giants like our parent comcast, we realize that but others like time warner and charter and we're going to talk to the number eight cable provider in just a moment here how will their business change do you think? are they going to make less money as a result of all of this? >> i think they are looking at such a demand picture that they are going to keep throwing more band width at more and more people. >> why are they against this then? >> based on what i've read and what i've heard, they kind of like the idea that the government wouldn't have anything to say about the single most important medium for communication in the history of humanity. >> do you blame them? >> that's a pretty libertarian attitude and i don't think they want -- 4 million people e-mailed the fcc to represent the consumers. >> do you thi

>> robin murdoch, i lead our global industry that serves our internet and social compliants ash the worldone of the privileges of working at accenture is i get to work with lots of exciting clients. as i chart my history with accenture, i've been working around digital disruption for the last couple of decades. i was working with the music major when napster hit them. their response or lack there after, and i've done a little work in the console gaming space. i worked on the last three generations. those are interesting for me because unlike the smartphone that we throw away every couple of years consoles, the likes of playstation and xbox, they have to last for a much longer period of time. sao h so the so the product strategy and how you launch them and how they work through your generations is different from the throw away consumer electronics that we see today. we have been lucky since 20 05, we worked on the global clouds. that's interesting because you're making decisions that are quite often a decade or at stuff like technology that's a two decade investment that you're looking, pe

he stood by rupert murdoch during the phone hacking scandal. >> yes i do remember that. thank you.e dropping a burrito bomb on the street. that sounds disgusting. it sounds like slang for something else. >> that happens after you -- >> dropping off the kids at the pool or something like that. beating on the bottom line but barely missing on revenue, the stock is going to -- its a $700 stock. we'll talk about the incredible rise. six years? anyway, the company citing rising food costs. higher beef, addvocado. steven anderson is a restaurant analyst at -- a restaurant analyst at -- that was too complicated for the person -- >> stop stop. >> thank you. >> thank you for having me on. >> so is that forecast tepid? >> historically it's been early year with guidance. i do think they'll start to increase the guidance as the year goes on but i think that given the sharp drop in gasoline prices that has occurred that's lifted traffic across the restaurant sector i was a little bit surprised that they didn't go ahead this quarter to increase it and that's why the street was a little bit apreh

years and years ago bruce buying new york magazine and rupert murdoch. buying all sort of things. we had dinner in san francisco just a couple of months ago with tom. he brought me along to that dinner and he was an amazing man. he leaves behind a wife and three daughters and he will be missed. we're back in a moment. >> so sorry. >>> welcome back to squawk box. the hot seat is getting up. yahoo! is cutting actually more than several between 100 to 200 employees mostly in canada. the cuts were across multiple groups but managing is calling it an organizational restructuring and not lay offs. people are shell shocked. since myer took the helm she is under pressure to cut costs at the company. she has favored a ranking system that dismisses those with poor scores. all right let's get back to becky and joe right now. becky talked to randall stevenson. >> michelle thank you very much. obviously at&t is the sponsor of the at&t pebble beach. been here for 30 years and randall stevenson has been making some big moves to try to transform the giant. i got a chance to talk to him yesterday