and adam bain, i have nothing but great regard for.e's a really top executive there. >> we were just talking to roger mcnamee of elevation. he was saying they're one night's sleep away from make the right decision and turn things around and that would be if they turned twitter just from a straw for information for data into a firehose. >> yeah, he said that. he told me. >> i'm just wondering what your thoughts on that are. >> there's a lot of direction that could go with twitter. i personally think it could be sold through a bigger company. my feeling is -- i know they say it reaches all these people and it could be a great advertising medium. but seems like attaching itself to a larger steam engine, whatever, like a google or something just makes more sense. it would work better. that said, you lose the innovation. >> it seems so obvious to me. that conclusion. but yet your reporting has said that google is not going to do this. it just seems so odd. when you think about it, though, when what's app was purchased for $22 billion twitte

adam bain as president and ed williams being chairman of the board. >> you think it could happen nextk? >> we targeted right after labor day. we heard it was speeding up the process and it could happen as early as next week now. >> ha do you think of it? >> is it the right move? is dorsey the right guy? you say you expect him to continue at square. >> yeah. i think the ideal solution for twitter shareholders is that he be the sole ceo and not be the ceo at square as well. but given the complexities and intricacies of twitter, you need someone with his knock. so having him there is a good second-choice solution for this and everyone knows how good adam bain is and evan williams, tremendous product visionary. the three of them together is probably what's necessary to help turn the media problem around. >> don't you risk having too many well-known chefs in one kitschen? >> i think you do. i think part of what's happened the last couple of weeks, discussion, how they'll work together, how they'll share the duties and how they will ultimately engineer the turn-around. do you think at some

emily: what about a triumvirate with ceo, adam baines? you think they need new blood? jeff: there is a way to go. we will see whether having founders at the helm of the company will change the trajectory in terms of user growth and innovation, or they keep the founders out, because those founders who have been controlling the product direction for seven, eight years are potentially hampering the innovation. emily: you have analysts saying acquisition is inevitable. jeff: people can afford it now. dave: it's a pretty small list of who can acquire it now. jeff: t is for twitter. emily: [laughter] we are definitely continuing together. dave, jeff, you are sticking with me. coming up, google unveils an archenemy for twitch. we will tell you about the battle for the most gaming viewers, next. ♪ emily: breaking news -- workday shares are rising in extended trading. they reported a better than estimated quarterly revenue, saying it has surpassed its recruiting goal. shares are up 4% right now. it is google versus amazon in the fight for gamers. youtube officially launched a s

he is elevating adam bain. aura argument.ly: we talk about founder ceos, they have a certain moral authority -- sarah: and jack has always been very high level about his management i'll. maybe that helps. the fact that the companies are only i block away from each other, that helps. what do you think should happen> rory: i have no idea. you have no idea unless you sit on there on the search committee and a look at all candidates, there are pros and cons for everybody. there are a lot of pros about it jack dorsey. he has a product vision, he is a founder, he has enthusiasm. but you have to make a product choice by looking at the candidates. when you second-guess, you can say, i did the best i could and i interviewed, i went to the process, i picked a candidate. if steve jobs number two comes up and is willing to do one ceo job at a time, they will probably take them. sarah: they are going through the spencer stuart playbook. rory: you start with the dream portfolio, some buddy that has done it before and run a $200 billion pub

but you know, adam bain is on vacation this week. i don't think there's going to be any shake-up.re's a lot of vacationing going on among these executives. >> i think the question, kara -- whether the stock price puts added pressure on the company when there was an expectation that maybe we wouldn't get a real development here, maybe until next quarter. >> i think september is when they were planning on naming the executive theext got to work it out if that's the configuration this triumph virate. i don't think chris is dictating what the clear board is going to do. as to the shake-up -- maybe. maybe they will. >> we talked to jeff richards yesterday of ggv and we asked him whether or not he would be happy with jack either staying or going, it's this peck's report does not answer the question of whether or not jack could after what the twitter board has said. do both jobs. >> here's what i don't get. >> i'm interested in kara's take on this. costolo on his way out said yeah i'm going to stay on the board, that's important to me and jack seemed to sit there and nod. twitter said we

the adam bains, et cetera? if you've got somebody in the house, what's taking so long? >> we think it's coming down to jack. because he's also ceo of square, he's got to decide how to handle that as well. >> he still trying to figure that out? let's go already. >> i would agree with you, that was the point of our last night we wrote this week. i think it's imperative to make a timely decision. the brain drain will continue. >>. >>> coming up, is a bear market around the corner? one strategist says the odds are now the highest since '07. does our desk agree? we'll find out, he's going to come on the set to defend the call. >>> and jon najarian seeing very unusual activity in one retailer set to report next week. should you follow the crowd? hello. i am here to offer sophisticated investing strategies. my technology can help you choose the right portfolio. monitor it. and automatically rebalance it. all without charging advisory fees, account service fees or commissions. that may be hard to compute. but i'm a computer. so trust me. it computes. say hello at intelligent.sc

andor: originally the media investors had coalesced around adam bain.round jack dorsey. i think they need to get someone new with fresh ideas who can tell in with a new set of strategies that can drive user growth. stephanie: is it a problem that jack is the interim ceo. dick costolo is on the board. is on the board. do we need a shakeup? victor: if a new ceo comes in, they need to resolve that. i think they need to change a few things on a broad level to give that new ceo freedom and flexibility to implement strategies to drive user growth. is a good ceo and a good analyst and a good banker. from what i understand, he is a good operator within twitter, but i do not think he is ready to take the ceo role. he will have to prove himself as a cfo. erik: when you think about catalysts in terms of stock and operating performance -- are you thinking about catalysts in terms of stock or operating performance? victor: first they need a new ceo. they need to resolve that quickly. that does not promise operating performance, it is just a potential path? victor: c

chief revenue officer adam bain.dorsey does take the top job, sources tell me they'd like to give bain an expanded role and title. now, twitter has been gradually tweaking its product, but there may be more pressure from the board to make changes faster to rev up that user growth. kelly? >> julia, thank you. and stay there if you would. want to bring in the panel here. and i wonder if this ceo can actually come from another company because take a listen to what ted leon says -- told us on "closing bell" yesterday, his thoughts on twitter. >> i think it's a utility and it will be a very, very important company and an adjunct kind of product and service, maybe for a facebook, maybe for a google, maybe for a microsoft. but i think it will be better off being planted into another bigger global platform. >> what would you do, evan? >> i think the challenge for the company is going around begging to be bought by another bigger company is not a real business strategy. i mean, that's a strategy to try and make your sharehold

they are talking about chief revenue officer adam bain.rsey takes the top job they would like to give bain an standed role and title. the other big topic is the product revamp coming up. there will be plenty of questions about whether twitter's changes in the works will be enough. >> thank you. julia boa julia boorstin. emerging markets etf down nearly 20%. could that signal a buying opportunity overseas? john, great to have you with us. there is a notion floating around that because we've seen massive outflows from em funds in the latest week, actually the biggest week of outflows since january 2008, that could signal a contrarian buy signal. are you in the camp this could be a sign of capitulation in the em? >> it could well be. the markets seemed to overreact to this situation. many people calling it a comparison to the asian crisis of 1997. the circumstances are really extremely different from that period. i was investing through that period. this situation is a lot less problematic than before. with this major sell down which has brou

other than jack dorsey can't, he's too busy -- >> adam bain runs their ad business and we're talking about the ad business, which is what fuels his company. he's very competent. madison avenue likes him a lot as well. his name is still on the list. but the board isn't indicated one way or another. they need to make a decision soon otherwise this 9% pop isn't staying around. >> wh who do you think -- >> i think it's dorsey's job to decide on. the only thing i think is if it's not him, we need to see an outsider with -- >> the question is, how do you value a company like this? >> there were always monthly average users and convincing wall street -- it was sort of the facebook model. do you have to look at it a completely different way? >> yes. i think this is fundamentally not facebook. facebook is where to go to hang out. it's your social life shared with advertisers. twitter is where you go to learn about the world and try to get people to learn about you. it's playful without being ludicrous. if you want to share a picture of macaroni and cheese, that's facebook. if you want to talk