the internet moved to what aol was doing, so now what is aol's unique selling point and are you goingxtra for that? >> i feel like my retirement's going up in smoke as we talk here. >> the web was skyrocketing in popularity and internet users didn't want to live in the walled garden of aol services and all its media content. they wanted to range around on the internet and use new tools like google. >> searching for answers on google. a quirky california company has transformed the way the world finds things out. >> early on in web search engine history there were actually editors who were trying to make a list of all the good websites. and that's why google's appearance on the scene changed everything. >> google scans over 4 billion web pages for matching results. google chooses these results through a mix of looking for the closest word match and judging a page's relevance by counting how many other pages link to it. >> google came up with a simple algorithm and basically it decides for itself which are the most important sites, the most likely sites to have the answer you're looking

you could dial on to aol. and click. >> steve case is the president of america online. i interviewed him via computer. >> then george asked what are the most popular america online features now. >> he responds the real focus for us is on promoting interactivity. >> what's the very best thing about it? i think being able to communicate with just about anyone anywhere. >> one of the things that aol realizes is that america online can't be all 200 plus million people at once. you need little neighborhoods. so chat rooms become internet neighborhoods where people who share interests create their own little space. >> maybe you click on the chat button up here or go to the people connection, that's what america online calls it. and when you get there, click on a list of rooms to find different categories of room. >> when i was a kid, i didn't know any other black gay people. the only people that i knew were the folks that i met on america online. i didn't come out to my mother till much later but i was out on the in

they go onto talk about the fact that oath, the combination of yahoo and aol have experienced increasepetitive and market presence that resulted lower than expected revenues and earnings and going on as well saying that oath has achieved lower than expected benefits of the integration of yahoo and aol. they expect the pressure on the business to continue they resulted in a loss of market positioning to their competitors in the digital advertising business google and facebook, certainly are the two names we think of. the jim, the point you just made, they have new projections and therefore based on those new projections for the business, they're taking a right down of about $4.6 billion, that's $4.5 billion after tax to put that in some perspective for you, the verizon deal when announced on the 12th of may of 2015, the aol deal, excuse me, it was worth $4.4 billion. the yahoo deal at close, they took 350 million off for the breach, it was worth $4.53 billion. add those together about $9 billion they taken right to half >> could you put this in perspective say of snapple in terms of acq

. >> i had written a book by aol. -- about aol. and i came here because i was hired by "the wall street journal" to cover it, and it was not even called the internet. it was online services, and when i got the job, a lot of the media reporters said, "you're radio," and icb said, "no, i am here to cover what will decimate all of your industries." and what was interesting is you got a front row seat. i remember going -- by the way, google did not even exist for a long time when i was here, but marcs mark and recent -- andreessen. bezos. it was really early on. >> part of why i wanted to do this conversation with you guys as relates to civic engagement, we are living in a time when people have a lot of anger, tension, anxiety around how technology has affected our politics. specifically, the 2016 election, so one of the first questions i want to ask is do you think people would be feeling this way if hillary clinton had won? >> yes, but they would be different people. 50% of the country. a different 50%. tried to -- because part of it

. >> aole fds 5 oew americans pose a shut down. further 3% would blame the president and republicans. >> and this would be the third government shut down this year. congress has already 75% of appved the government. so only 1/4 would be closed. >>> a father trying to get his wife back into the u.s. their 2-year-old son has degenerative brain disease. alley hassan is an american citizen bu his wife is a yemeni national. he just wants his wife to be able to hold their son one last time. >> time's running out. she's helpless. >> i implore the united states government to act with swift compassion to reunite shama and abdula. >> northern california religious issued for the mother. the counsel on islamic relations says it's ready to fly her at a moment's notice. >>> coming up a toddler in the middle of the street with no parent in sight. the retired cop who sprang into action to save this little boy. >> and let's take a live look outside at the city of san francisco. you can see that fog moving in there. it is 52 degrees. thanks for waki

i understand the labor party has to do what it has to do on these things, but our main aol is to changeya k.: there is trouble over the brexit vote, though. ministers stretching the elastic of the government line. '> we have to find where a majority of the's are in parliament and nothing should be off the table. laura k.: plenty of ministers, mp's, and the opposition are frustrated about the delay to the vote. but and down if you think jeremy corbyn's move is designed to topple the primminister. it is a vote that would not have that power. it could embarrass theresa may, but short of what is many mp's want him to do to take a real shot at collapsing the government. but unless and until he thks he could win such a vote, labour nlmply won't go that far. on the other side,s and until she is forced to, theresa may, for her part, is not going to budge. even though the brexit clock is running down, neither of the party leaders showed signs of making a radical move that could unblock the gridlock. the prime minister and her small band of allies are sti trying to make her brexit compromise work.

someone wanted aol 20-yea woman dead. we are live with reaction from frightened neighbors. >> news4t 11:00 starts now. >>> hello, everybody. this is video of survivors of that deadly car attack in charlottesville celebrating the jury's verdict against james field. >> self-dcribed neonazi with fm and other charges. >> we remember when killed heathe hire and injured others last year. the virginia bureau chief kelly kari was there as victims paid tribute. >> reporter: the same chant when james fields rammed his car into their group of counterdemonstrators killing heather hire. in celebrati of theverdict, they retraced thef path o his car marching to the very spot where hire lost her life to the spot where star peterson was badly injured. >> he willp never s us. the fascists will never stop us. he will fight in heather's memory until day we die. >> reporter: james fields traveled to charlottesville to take part in the unite the right rally but after the violent clashes died down that ay he drove his car on to fourth reet. he

he was tracked down after someone called police to report aole commissioner person. the officers were able to track him down and track do not the packages. several have been returned to the homes where they belong just time for christmas morning. >>> a flasher arrested a white house. pleasant say early sunday morning, a group was posing for a photo when nearby police officer hoped to see more than he hoped to see. ea man in group had turned his back to the camera and pulledis pants down, exposing his genitals. he was arrested for exposure. >>> new at 6:00, actor kevin spacey is breakin his silence on youtube. he lost a role because of abuse allegations. >> you wouldn't believe the worst without evidence, would you? yououldn't rush to judgment without facts, would you? >> spacey added that well, quote, know the truth soon en wgh. the actl be in court to face new allegations that he sexually assaulted thena t son of a boston news anchor. investigationer for an alleged assault in hacks two years ago and he is facing accusations of misconduct during his time as art iisti

i have been finding out how to beat the holiday blues with aol clinical psyist.survey suggests that a majority of americans getting ticredibly stressed at thi of year. what is it about the holidays that brings that on? >> i'm laughing because the holidays are supposed toe the most joyous time of the year, and it is actuallyas you said, one of the most stressful times of the year. really two things drive the stress. one, change in routine. holidays mean we do thingsdi fferently. e differently, we have different schedules, we travel.s our bond minds are in different places and times. second thing, a morel psychologicasue, is our expectations. we rarely have realistic expectations during the holidays, and when you put unrealistic expectations and lots of change, you get a lot of stress. rajinisome of those expectations can lead to lots of arguments, according to the survey. something like seven arguments will happen at this time of year between couples. how do you mitigate some of that? joshua: believe it or not, really it is having realistic expectations. when i me

in -- i had here written a book about aol. and i came here because i was hired by "the wall street journal" to cover it, and it was not even called the internet. it was online services, and i was the first reporter to cover the internet for them. and when i got the job, a lot of the media reporters said, "you're here to cover cb radio," and i was like, "no, i am here to cover the medium that will decimate all of your industries." and what was interesting is you got a front row seat. i remember going -- by the way, google did not even exist for a long time when i was here, but it was marc andreessen. i think he might have been a teenager when i met him. early yahoo! when there were five or six people. bezos, i met when there were five people. it was really early on. >> let's look to today. part of why i wanted to do this conversation with you guys as it relates to civic engagement, we are living in a time when people have a lot of anger, tension, anxiety around how -- the intersection of how technology has affected our politics

this comes after missing and revenue targets on yahoo and aol earlier this month. verizon is trading slightly higher in the premarket. tracy, thank you very much. we are remembering president george hw bush. lesson eight months after his wife of the 73 years barbara bush died tributes are pouring in as a nation honors the 41st president of the united states. >> clearly he did that. i think he's in a go down as the greatest one term president ever. because of his foreign policy and deftly -- deftly handling the end of the cold war. that kind of attitude and something a lot of people miss. they were good-natured and open and we continue to debate things all the way up until recently. >> yourself in the present president present were inaugurated on deanery 29th. as a ronald reagan left. >> what he said to me on the steps of the capital's we said goodbye to ronald reagan and nancy reagan he turned to me and this low voice and says that man it was very was very good to me. i can say that today that man george bush was very good to me. that is the way he operated. he was

aol the "washington post" they decided to add another seat on the committee.rris will keep her spot and another g also join the pam. >> you are never more than 7 minutes away from my accuweather forecast. san rafael looki alike yeer low to mid-50s from san francisco to the peninsula in san jose. brentwood one of the cooler spots. napa, 44 degrees. golden gate bridge. maybe a little bit of a sheen on the road this morning from some of the thicker fog that rolled through. a little miss and drizzle. watch out for that. the roads could be slick in isolated spots this morning. mass transit, milder this morning and this afternoon and foggy on the water. keeping our fingers crossed there he is no delays like yesterday. 44 at 8:00. 51 with sunshine, breaking out at 10:00. upper 50s to low 60s most of the afternoon. maybe get to 63 in a few spots. some of the warmer temperatures today. east bay, 47 this morning. 57 by noon. 47 at 8:00. mid to upper 50s with more sunshine than yesterday. mist and drizzle near the coast. let's bring in alexis and talk about the commute.

providers got this great community to being destroyed by phone company, at&t which around the growth of aoland copy surf, led to a massive internet and the abuse of these companies. on the back of it, an enormous amount of effort and strained anapolis, next to have the antitrust cases against at&t, microsoft and ibm. ibm, was a monopoly of american computing. in the 70s, early 80s, underwent the ferocious attack. people at the time, was criticized for taking up too much time when you look back at it. a personal software industry starts. the software industry gets started, direct result of the lawsuit. the personal computer develops during this period of time. apple developed during this time, microsoft watched. ibm is terrified, but the possibility of being programmed by the antitrust laws. a soft talked about watching the next generation of silicon valley's. goes through this as, the strength that directly thinks the prosperity of the united states, the golden goose, the tech economy to ice policy. this idea, which you suggested, i think you believe us, were so hands-off and that's why we

parent company of google, to stk is pretty much flat, the rising media company which includes yahoo, aol is worth almost nothing, verizon spent 9 billion to create the business and hoped the acquisitions would make it more powerful force in digital advertising, taking a look at verizon, stock is up 11% year to date. 10-cent makes its market debut today, chinese streaming company pricing ipo at 13 bucks per share, that's at low end to 13 to 15-dollar range that was expected, still this values 21.3 billion, one of the largest ipo's in the u.s. since alibaba went public. maria: all right, cheryl, thank you so much. a lot going on this morning. busy morning. google hearing yesterday, i have to get your take when jerry nadler gave opening statements it was clear that it was so partisan. he really was basically saying there's nothing here in terms of conservative censorship which is absolutely incorrect. dagen: based on the wall street journal's reporting among many stories, google workers discontinued tweaking the search button for travel ban. now, it didn't happen but to say that there's no

working as far as i can see at all, i give them at best c minus at&t, time warner, verizon with yahoo and aolyou basically have the verizon board say we made a $4.5 billion mistake people look at it, say it is not cash, let's ignore it. it is inevitably cash because there's a lot of management time and shareholders of yahoo which i was one got something in their pocket for the trouble now the shareholders of verizon are getting really nothing the shareholders of at&t right now for owning time warner are having to worry about the dividend you look at the cash flow of at&t and look at their interest expense and you look at the dividend and there's very little money to reinvest in growth. so looks like to me at&t painted itself into a corner the mergers i think for 2019, there are going to be less deals, especially if rates go up i think rates are going to probably go up a little bit. >> it is a little bit of an ancillary area to where you normally focus, but interesting. you talk about the faangs being taken out, google and facebook have been dominating digital media and advertising story, yet

. >>> a sc aol's name historical connections can presen problems. david culver explain what is's being considered for the new name of the school. >> reporter: they are making progress on the new a ington middle bschool, can the name that will go on the building reflect society's progress? >> we don't want that to be >> reporter: ellen smith is the of a al of -- well school yet to be named. it's currently h.b. woodlawn but that will be relocated next year. a new middle school opens up on this spot. she believest should reflect what the historical marker commemorates. >> this was the firstuilding in the commonwealth of virginia to desegratestudents. >> at the time it was stratford junior high. it comes from the plantation owned by the family of confederate general robert e. lee, but it is also the nam and location that many associate with racial integrat ellen says the naming committee has narrowed down the options from 100 potential names. >> we're at two. >> reporter: what are they? >> stratford middle school and the george b. hahn middle school. >>

m doing aole so this is going to be short and sweet, thank god.gets in w the of food hygiene and kissing people you love, let's put it like that. it's not pleasant for em. >> benedict cumberbatch is always preparing for the next big role. in a r of success that began with the hit bbc series k. "sherloc >> my name is sherlock holmes and the address is 221 b baker street. >> a performance that still has his fans in then u.k. and here the u.s. clamoring for more. sherlock, season of please. >> thanks, dude. >> sherlock perhaps in america party. coming out >> and globally. it just shocks me quite how far reaching that a program is its success. they were doing something right when i read the script for the audition. >> mr. holmes? >> still looking for it. i think we'll call it a draw. >> he earned an emmy award for the show in 2014. >> grow up. get off my seat. >> "sherlock" is just one on a list of iconic characters, both fictional and real that hmae benedict cumberbatch a household name. >> your calculation is wrong. >> he played famed physicist step

. >> trump mentioned the site in a campaign video that ran on aol. >> recently a group formed, a veryndependent group formed, should trump run.com. >> perhaps foreshadowing events to come that website triggered an investigation by the federal elections commission. >> the complaint alleged that michael cohen couldn't be independent of donald trump because he worked for donald trump even though he said should trump run was independent of donald trump. >> but in 2011, the fec ruled in cohen's favor. for michael cohen, the win was another way of proving his loyalty. >> the way he initially described it to me was a father/son relationship and when i asked him why he has blind loyalty, he also threw the question back to me as, would you do this for your father? >> the end of the day, the only people donald trump really considers as family are his own family. anyone who considers himself to be almost a trump family member, should really take a reality check. because they tend not to stay around very long. >> but michael cohen did stay and proved his willingness to fight for his boss by aggre

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aol enterprise has tons of users attached to t but it's ed ted ta declining user base.t do you think happens to those assets. >> buzzfeed, vice, they have to find a way to consolidate. it's a way to tie themselves up to seek better terms >> you have to be big. >> you don't think that's taking two failing giants -- >> it's a bit like that. if you combine a bunch of losing businesses together, it doesn't mean -- >> yes ed lee, helping us this morning. thank you. >>> coming up, showdown in the uk theresa may facing a no-confidence vote in parliament it really is a tough thing we have to read these things in advance, sorkin, when theresa may is involved. theresa may may -- i don't know. after the embarrassing withdrawal of her own brexit divorce deal a live report from london coming up at the top of the hour this is squk sqis "squawk box" . >>> time for the executive edge. a new study founds college badle markets. the study founds endowments would be better off if they bought treasuries. there were median returns of 5.5% below the classic mix of 60/40 mix of stocks and bond

. >> it interesting, when i think back, i written a book about aol. >> i remember. >> chat rooms and things like that. i was hired by the wall street journal to cover -- it wasn't even call the internet. it was online services. i was the first reporter to cover the internet. when i got the job, a lot of the media reporters said you're here to cover cb radio. i said no, i'm here to cover the media that's going to decimate all your industries. nice to meet you. >> so you haven't changed one bit? >> no. it's interesting because you had a front row seat. by the way, google didn't even exist for a long time for that when i was here. but it was mark when he was i think a teenager when i met him, 19 or something like that. early yahoo!, when they were five or six people. bezos i met when there were five people. it was really early, early on. >> let's take a giant leap forward closer to today. part of the reason i wanted to do this conversation with you guys as it relates to civic engagement, we're living and a time where people have a lot of anger, tension, anxiety about the intersection of

on a propose aol that i would have which would be to end the so-called diversity lottery and take the 50,000 slots asoshyeated with that and apply it to increasing the number of refugees that we accept in the united states. >>> we halved the ceiling on refugee admissions, more than halved it. we reduced it by 3/4 since trump took office. there's no way the 50,000 will make up for what we have lost. we're not even taking up the number of refugees. we are falling short of that ceiling. the problem with refugee policy that is fundamentally unjustly enforced. the screening is almost impossible to get through, it asks almost impossible tasks of people. to get through this bureaucracy. the violation of the human rights. it's in no way in compliance with the geneva convention. if you're going to go that route. the diversity lottery is a bit of a diversion, because trump is fixated on it. it is an incredibly small part of the immigration system. things like the diversity lottery should be lost, because they are these categories that we carve out of our immigration system and have no basis in

we have squash right here, which is a form of essentially aol squash or pem. y pumpkin.e almond butter, ka buch a squash and al mum flour. it turns into this dough here. we can punch that out again and you end up with a dog trhet. >> is a source for people to go? we know dogs can't have chocolate. but as far as ingredients in your house, if you want t get adventurous with this stuff, make sure that- you are >> well, you know, i avoid grain. most dog food diets are grain free. an then beyonthat, the internet is a great source to make sure that you are feeding your dog great quality stuff. just as importanthas making sure we are eating the right stuff. >> is it posble to overfeed them? craig won't stop. >> he is >> we keep feeding him. >> blue is good. we are eating healthy food, so it's all right u can see the -- >> what is this? >> that's the gnocchi i make at the hotel. the human food. >> yeah. >> it's modified a little bit. it's got a little bit of seasoning. and this has kale pomegranate. so it's easy yuf to make that twist to connect the dots there betwee making some

the market doesn't think you're living up to what you should be doing, you can easily go the way of aold a lot of young people say why, but those were the dominant players and now people have a hard time remembering them. i do see an appetite here for something and feel the compose shannon in washington to do something. what do you think that something will be? >> we heard it yesterday. google said sundar pichai said he's in favor of a privacy law. that would be a huge mistake comment that we've seen what happened with the e. years gdp are privacy law. as soon as they came in, we started to see innovation started to seize in very large firms tarted shutting off access to their products from eight european citizens following the e.u. down this road with you just like following the e.u. down any other road. phil roe to lack of innovation and that nation while the rest of the world progressives. neil: yeah, i worry about that. be careful what you wish for. even, thank you very much. >> it's been a pleasure. >> it's been a pleasure for buyers reared up 432 points right now. all the things t

aol didn't crush the world when it bought time warner, for crying outloud.ast and people that behave badly and facebook has behaved badly should and will suffer, i am confident. >> yeah. you are not a stranger to the campaign of, you know, public campaigns that are very incredibly effective. clearly facebook, which is also instagram is very concerned about just what you heard matt say, that they will go the way of, you know myspace, right, that people just don't believe in it. that suddenly they will be on the losing end of a new tech trend. here is mark zuckerberg saying they allowed their platform to become a tool and they have been used for releaptless attacks, particularly on people of color. here is on the question of the data sellselling. here is mark zuckerberg on the data selling aspect of it. >> we don't sell data at all. the way the ad system works is advertisers can come to us and say, i have a message i'm trying to reach a certain type of people. they might be interested in something, they might live in a place, and then we help them get that mes