and layton is still on aol, he doesn't have to worry. >> dial-up aol. >> you have to understand thatverything say in social media, you tweet, post, you pin, whatever do you is read and gathered by your employer. if you don't know that, you're a knucklehead. if you're having an affair you don't say something on facebook that's going to blow up your marriage. about 30% of jobs getting blown up these days isecause someone said something stupid dumb on there. guess what, a lot of reasons to fire you, maybe not media, but it will happen. >> okay, jonas, you're not so sure? >> this reminds me when people used to say and write stuff in e 50's and black list them and couldn't be in the movies. if you're saying something about your employer or badly on your employers that could hurt their sales, sure. but most people are not at a high enough level in a company that should matter to an employer. not paid enough to he restrict the behavior and talking about extracurricular activity. again, if it's not hurting sales, i think you're over the line. >> brenda: some of those could. john layfield, wh

the shares of aol are rated at a $44 price target. their shares have doubled in a year and have closed up 8% today. >> and even on a so-so market day, some stocks were at a all time high. master card closed at $538. >>> prosecutors are examining whether the bank fully alerted authorities to suspicions about madoff, they said they acted in good faith. >> and a coal and iron company was the worst performing stock in s&p 500 today. morgan stanley down graded the stock. it's down more than 70% over the past year. >> we have been reporting on paying for college, which for most students and their families involves taking out loans. as we wrap up the series, hitting the books, we report that with growing debt comes growing problems collecting it. >> reporter: $3.5 billion in student loans have gone bad in the first three months of the year alone. all told, $85 billion in defaulted federal student loans, nearly 7 million borrows. like jason, he is 46, graduated from bingham ton university with $20,000 in debt. he got sick, fell behind and int

then the internet bubble burst, and aol time warner's stock went into freefall. you were losing nearly $10 million a day... >> no. >> for 2 1/2 years. >> a million a day. >> a million a day for 2 1/2 years? >> wait a minute. that'd be 700 million. no, you're right, 10 million a day. hey, listen, i didn't-- i get thousands, millions, and billions mixed up and i-- >> but when you're bleeding $10 million a day, at some point you just got to say, "i'm getting out of this." >> but my kids were all in the stock, most of my friends were. so i sat there loyally and went down the drain with everybody else. [ticking] >> coming up, jane fonda on ted turner. >> it's impossible to really be with ted the way he needs someone to be with him and have any kind of life of your own. >> he's perfectly aware of it. he said to me, he said, "i hate being alone." >> he's aware that it makes it hard for the person who's, you know, trying to love him. >> but what's interesting is, the moment he's in one place for a couple of days, he's got to move on to somewhere else. >> yeah, when you'r

and aol, both dominant, obviously, in the industry. are looking at is that recently yahoo!'s share of the u.s. search market -- which is actually larger than its global search -- actually fell in february, 31.6 -- 11.6%. and also we're looking at yahoo!'s weak mobile search position, and that has taken a toll on its search operations. so both of these names coming under pressure. however, they're still such winners year the date. aol is up 18% this year and yahoo! is up nearly 11% this year. i'm watching the dow, imagine we squeeze out a gain by the end of the day? we'll see. it's going to be busy. it's quadruple witching, options expiration. cheryl: it's a good day. i have a feeling about it. well, the adult entertainment industry is often credited with driving technology, the vcr back in the '80s, the dvd and the internet back in the '90s, but now will it drive 3-d tv sales that have been slower than the industry had hoped? liz claman is at the studio of the company sitting at the forefront of 3-d adult entertainment content. liz? li

also, check out aol. analysts at barclays, they upgrade aol to overweight. target price raised to 44 bucks. aol up some 33% this year. diana shipping, also heading way higher. our own jim cramer saying that share prices of dry bulk shippers have bottomed. cramer citing diana shipping in particular, and that stock making a big move. as for laggards today, cliffs natural resources, the worst performer in the s&p. credit suisse cuts the price target to ten bucks. cliffs down some 50% just this year. and finally, blackberry edging higher today ahead of its earnings release tomorrow. investors will be watching for news on the z10 and subscriber shrinkage. blackberry's ceo, thornsten heins will be here tomorrow. >>> one trading day left in the first quarter. and tomorrow we'll tell you if the second quarter can be even better than the first 90 days in this market. >>> then, still think things are not so hot here in the u.s.? you might be right, but we're not as bad as everybody else and that's why our markets keep riding higher. >>> and later, will jpmorgan now be

including business insider, aol, newsweek, and fab.com.erests. when a page like aol loads on your computer, it calls in the recommendations in realtime based off of sailthru's profile of you. the ceo and co-founder of sailthru joins us here at "post 9." everybody wonders if i click on newyorktimes.com it's showing me something different than it shows a 65-year-old woman. that's where you come in, right? >> that's where we come in. we're giving recommendations to our customers, the fortune 500s of the world. we're giving them recommendations of what to put in front of that user at that time. it's about personalized experiences for all users to really extend the brand loyalty. >> and what you really mean is coming back a second time, making a second purchase, right? >> exactly. we want that user to come back and enjoy the experience and, you know, look to the brand for always exciting opportunity and coming back. >> walk me through some of the metrics that you can use to show how effective you've been for an aol. >> yeah, so we'll look at cu

we want to go to josh lipton with a look at aol. >> aol this morning is rocketing higher. to a target increase from 44 to 38. saying thee see significant upside. aol returns to modest revenue growth and continues to streamline the cost structure. aol up some 33% so far this year. >> 3x is the market. that's impressive. after being shunned by americans for years, diesel is one of the buzz words of the auto show. vw is unveiling the 2014 golf gti a few moments ago. joining us for another first is volkswagen of america ceo. jonathan, good to have you. >> good to be with you this morning. >> kind of weird o be talking about diesels and wagons as the big trend this year. what's going on? >>. >> there's a lot going on. the gto brind me describes the essence in many ways. >> do you believe that wagons, where they went through a period where they were not trendy, are they back and can it last? >> i'm sorry. i'm having a tough time hearing the question. sorry. please. go ahead. >> i wonder if you thought wagons were back, in not too many words. >> i'm sorry. are wagons back? sorry.

if you own aol stock you made money today. barclays upgraded aol to overweight and raised the price target to $44 a share. shares soared more thain 8%. barclay's said profits will likely grow better than analysts estimate with cost-cutting measures driving gains there. >>> also making money, fast track, they are the to operators for san francisco's golden gate bridge. for the first time since it opened in 1937 the bridge has no human toll operators. it began all digital to system today. fast track will save $60 million over eight years from the move. even when they say it's not, it is always about money. melissa: so despite the turmoil in europe the bulls shook off most of the day's early losses. u.s. markets seemed like they can withstand just about anything right now. a new report by the commerce department may help explain why. with most of the global economy on shaky ground, foreign investment cash is pouring into the u.s. sounds like good news for us but i don't know, come could back to bite us with foreign investors deci

aol. nike. pizza hut. a long list. >> cisco. a wealth of data shows that nap time increases productivity. workers positive attitudes towards jobs and long-term memory growth. >> mike, if it works why not? >> i was wondering what was wrong with my memory. i don't nap. maybe as morgan is pointing out some large companies will do this. imagine going to the local hardware store or dry cleaners and you are in a hurry. got to come back later we are all napping. i don't think this will be a trend. >> rick, would you wake up, please? wake up, please. >> it is nap time. >> nothing personal, mike. you will have to excuse him. >> rich. a good idea or not? >> two words. winston churchill he napped and saved western civilization from the nazis. to elizabeth would you think about firing your top research scientist or sales person if they performed better if they had a nap every day. >> i would say go to bed early and we need you on the job. >> but would you fire them? >> i would not fire them. >> if it was good enough for winston churchill wh

analysts expect programming to eventually come from aol, sony - even twitter. in a few months, amazon will release the 1st of 4 comedies through its amazon prime instant video service. coming up, more and more careers can be found in technology. but where in technology? we talk with a top futurist. and the unintended consequences when congress tries to put a stop to corporate welfare. that's next on first business. 7,000 high-school students drop out every school day. let's catch them before it's too late. to start helping students in your community, visit boostup.org. talk about unintended consequences. it was in 1986 when congress overhauled our nation's vast and complex tax code. one aim was to do away with fat corporate giveaways through the use of certain tax- exempt federal bonds. not only did this write off not go away - it's use has grown. louise story wrote about this for the new york times, and louise, you talked with a number of analysts, and they said these bonds are nothing more than a goverment subsidy for corporations. > > the bonds are often par

they don't want to make this broad sweeping ruling saying there is a constitution aol right to same sex marriage. on the other hand, when you listen to i think it was justice kennedy, his concern about the 40,000 children in california who have same sex parents who would be affected say if one of the parents dies because they're not legally married in the eyes of california. what happens to the children? >> you mentioned kennedy. were you bothered at all yesterday? he is possibly the swing vote. >> he is the swing vote. >> he said unchartered waters, mentioned the cliff at the end possibly dshgs that bother you at all? >> no, it didn't bother me because, you know, this is a monumental decision that the court has to make. she see what is happening in the states. and they are probably more likely to want the democratic process to work. they can't see what's going to happen as more states do this. and they don't want to be the organize or the instrument that pushes society one way or the other. they're really worried about their sort of role in all of this. and also the history of preceden

he called aol and they said, you've been compromised. he reset it.in to his e-mail and looked for things that had attachments, found four of them or five of them, regarding hillary clinton. they were word documents. he copied them, put them on a new document and sent screen grabs out to a bunch of journalists and politicians. the memos sent out are to hillary regarding libya and benghazi. we may find out what she knew, even though she has not been forth coming. >> sydney blumenthal a former white house aide during the clinton administration and a friend apparently of hillary clinton as well, this same hacker has apparently also been involved in a scandal involving colin powell, relatives of the bush family, and even top united nations official. >> steve: if anybody has any juicy hillary clinton e-mails, it would be sydney blumenthal. >> brian: i still think it should go forward. it's one of these things that's got to stop. we got to stop the cyber attacks. if you start building off that, i think you'll start a whole retaliation then for political gai

tracy: the power mover of the hour is connecting with investors, aol. this is a on one-month chart, yu can see it started around the 18th of march ended a move to the upside. raising the rating to overweight from equal weight bumping up the target. what were they? $38 per share, so climbing, climbing, climbing. it is nice a one-month chart, not even where they were six months ago. a big move, but then here is the one-year picture. looks pretty decent. shares of cliffs natural resources dipping today. nicole: it is worth taking a look at cliff natural resources. the number one loser on the s&p 500 in 2013. today is no different. cliff natural resources down over 14%. coming out and expressing some caution about the company. morgan stanley cut to an underweight seeing surplus in the great lakes in the irr market. cliff must consider drastic solutions. there are concerns of price points and concerns about a surplus. down over 50% this year, making it the worst on the s&p, second-worst is jcpenney down about 24% reall could really shu what a drastic distanc

and got rid of aol with some success, up almost 60% in that time, aol stock is.eadfastly refused to shed magazines. thanks to denial and maybe just plain loyalty. now, it is selling at the bottom. shedding magazines as if it were putting an elderly eskimo on an ice flow and shoving it out to sea. you have to wonder whether the print is better off going private and hiding from an unloving wall street. bigger question, what's left of the old time warner? some people say time warner itself could become an attractive takeover target. the media business is pulling in opposite directions. newscorp our parent spinning off "wall street journal" in print. cbs shedding billboards. comcast buying the rest of nbc universal from ge. time warner maybe three scenarios, a buyout chop shop, buy it, break it up, sell off pieces, it could merge maybe instead with a rival like a viacom let's say. here's a cool idea, maybe it gets bought as a big content shop by an inner looper, say an amazon or apple or even netflix. so stay tuned, dudes. tracy: all right, then. ashley: thank you, d

one time aol was the technology dejury, so that is nature of your business, i'm looking at what has been going on with apple. and you know companies don't seem to stay on top or indispute able champs for long circumstance this just fact they rest on their reputation, in this case with apple was it steve jobs? microsoft was it and is it could it be departure of bill gates, but to move on to other endeavors, that when the visionaries go it is just a matter of time before the company's attention goes. >> i think it is say question of who has got the cool stuff out there and case of 90s it of very clear, that microsoft was hotter than a fire cracker. then came a long the ipod, and steve jobs led a sequence of things that were totally cool and at the edge. now, they seem to have lost that we have a new player on the block that looks like they may be coolest guy out there. neil: you know, it is always like a gadget hat people don't plan on, like a company is known in case of apple for a while, on like lightly more e expensive bt mere use or friendly computers then they break confirmty and goes

even at aol, that was successful. so you can play yahoo near term, but a fundamental catalyst, to buy it up to the high 20s, you got to wait two years. >> so you're sticking with 24? >> that's right. >> trying to get the bottom line. good to see you. internet space, do you agree with mark? >> i do. if i have to say internet the way you just d i'd say apple. because i love it. when i go on there, whether people are using a competitor device or the apple or the embedded samsung or whatever smart tv they have, apple is the pure winner here because they keep getting reoccurring revenue from itunes and the app store. >> coming up next, buzz kill today and who else is feeling the pain off the company's miss. later on a special guest joins in. kevin pritchard gives us his top skpix talks the business of basketball. stick with us. >> fast money means trading. everybody's got to bring their best information each and every night. the entire trading day is the preparation for that show that night. >> it's idea generation. all ab

he's a founding partner of the venture capital firm kleiner perkins that has bankrolled aol, google,mazon, among others. dunn says he's a guy who definitely knows how to get his way, but he couldn't get his way with pattie dunn. she refused to keep that keyworth was the leaker a secret. the board asked keyworth to resign, and in a peek behind the scenes at how things can explode on a board, dunn says perkins walked out in a huff. >> he turned to me, pointed at me, and said, "you betrayed me." he said that several times. "you betrayed me, pattie. you said that we would handle this offline, and a good man is being ruined as a result," and he snapped his briefcase shut and stormed out of the room and said, "i resign." and one of the other directors said, "can we accept his resignation?" the general counsel said, "yes." he put the motion on the table. it was seconded and passed within seconds. >> and that was that? >> that was that. so, he drove off and ended up going onto his mega-yacht in the mediterranean, and i suspect he thought over the ensuing days that it was just unacceptable th

>> and our can't miss interview with the man who founded aol. the next big thing in tech. stick around. ♪ ♪ here we are, me and you ♪ on the road ♪ and we know that it goes on and on ♪ [ female announcer ] you're the boss of your life. in charge of making memories and keeping promises. ask your financial professional how lincoln financial can help you take charge of your future. ♪ ♪ oh, oh, all the way ♪ oh, oh it's monday. a brand new start. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. aree >> we are walking you through or standing you through the stock stories you need to know about this morning. and we do have dick's sporting goods moving to the crocodile miss. >> a swing and a miss. it's down. the retailer earned $1.03. revenue also falling short. they

and aol. then they wait to be contacted by adults. petaluma, california, a decoy posted a personal ad on craigslist in the men seeking men section that said boy looking for friends. this man answered his ad. >> grab a seat. if you want to, i'll turn the hot tub on. you can jump right in. >> he's 43-year-old steve cartlidge, screenname toofastforya'll2003. steve starts e-mailing the decoy and says, maybe i could give you your first -- and uses a graphic term for oral sex. he also sends kevin a link to gay pornographic websites. then he makes a date for sex with the decoy and comes on over. >> i'll be right back. hey. so you still ready to be my first? yeah? >> yeah. up to you. >> all right. >> no hot tub for you? >> nope. >> what's up? >> nothing. >> yeah? what are you here for? >> just to talk. >> and who were you going to talk to? >> see, i knew something was up. i saw all the cameras here. >> and why did you come over if you had a feeling something was up? >> i don't know. >> you talk about oral sex. you ask him a list of very perso

chill started her career working on civil liberties issues, baiter for aol, working on all technology issues including copyright. to her right is a quaint east of missing chair, but she's on her way is marianne grant and chill gives a presentation. she has an interesting job there and works on i.t. issues and kind of interfaces globally how my relationship with isps across the world. next to mary and is thomas dailey, went to the finest law school in boston and has been with the company for many, many years. mitch glazier is executive vice president and has served on the senate judiciary committee and also in the house and intellectual property issues back in the 90s. to his right is brent olson from at&t. great runner. his locker at the federal communications commission. and if they make a point for the last three speakers on the table, certainly not least are the advisory board and were going to start to consult on this project and starting at the beginning is jerry berman, chaired the congressional internet caucus, so he is my boss. jerry was founder person or democracy intact eleg

also there's been surprise spin-offs of time warner cable and also aol.ts publications like "sports illustrated," "people," and "time." >>> more good news for "star wars" fans. >> you might already be very excited about finally getting the episodes 7, 8 and 9, but wait there will be more. disney announced it was buying the lucasfilm franchise, apparently it's going to visit some stand-alone movies featuring characters. we don't know what characters, but i'm sure you're excited about the fans. >> anything that allows you to say objecti wand kenobi is fantastic for me. >>> big retailers and tech companies top the list. the representation quotient survey looked at product quality, trust, social responsibility, and how they treat their employees. at number five johns johnson & johnson. goog of is 4, disney takes third. appearing drops to second, which means amazon.com takes over the top spot. companies with the worst reputation quotients, including a lot of financial firms. chances are, you're not made of money, so don't overpay for motorcycle insurance. geic

he's been chatting online in an aol gay chat room with a boy posing as a 14-year-old.es him less than seven minutes to ask the boy if he wants oral sex. the decoy says okay, cool. and a few hours later he's walking into our living room. >> i'm finishing. hang out there for a second, okay? >> yeah. >> so you're pumped too, huh? >> yeah. >> so what were you so pumped for? >> oh, not too much. >> why don't you have a seat right on the stool there? what you doing here? >> he invited me over. >> who is he? >> tony. >> tony? >> yeah. >> and how old is tony? >> 14. >> what was your plan here with this 14-year-old boy? >> i mean, we talked about sex and stuff like that. and then -- >> you sure did. >> yeah, i mean i'm not going to lie to you. i got two kids of my own. we can hang out and stuff. >> and how old are your kids? >> my son is 19 and my daughter's 15. >> so your daughter is one year older than the boy you were coming to visit tonight. >> mm-hmm. mm-hmm. >> now, how would you feel if your daughter at the age of 15 was home alone and a man came to visit her? >> honestl

. >> aol is getting an upgrade at barclays, murph, stocks up huge. >> they upgraded the stock, $44 pricet. it's trading over 20 times next year's earnings. if you're in this name, take profits. >> ennis, google's price target. >> the stock has been tired ever since the $1,000 target. >> bill nygren, coming up. his winners might surprise you. we're back just after this. how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investments. our integrated technical analysis is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >>> the european markets are closing now. >>> and the question you have to ask at the close of this european market is will history write today as the day that contagions spread to the bond markets of italy a

dateline uses as a consultant to do what it normally does, go into chat rooms, mostly on yahoo and aol, set up computer profiles and, in this case, pretend to be children under the age of 14 who are interested in sex. >> okay. that's cool. >> in his online chat, warrecker tells the decoy maybe we should hook up and says he would like to have anal sex with her. the decoy says, "ouch, i think that would hurt a lot." warrecker responds, "yeah, but it's a good pain, you know." >> now warrecker is at the door. >> hi, how are you doing? >> being met by a youngish-looking 18-year-old decoy playing the girl who's supposed to be home alone. >> can you sit down? >> and it's time for me to have a chat with him. >> we have a lot to talk about. >> though my arrival doesn't seem to faze him one bit. >> this is punch, right? >> yeah. what are you doing here? >> hanging out. >> hanging out? >> yeah. >> and i knew that this was a setup because this was too convenient for this. >> what was too convenient? >> the chat room and just talking about everything that she did. >> how old was this so-called pers

to the people of cyprus, that doesn't sound like aol

later working for aol, later became aol/time warner. to her right is maryann grant.he is with the motion picture association of america. she interfaces globally on their relationship technologically with isp's across the world. next is thomas dailey. mitch has served on the intellectual properties committee. if i just make a point. the last three speakers at the table, but the -- not the least, on the advisory board. the advisor report is designed to consult on this project. jerry is the chair of the internet, this advisory committee. he is my boss. he was a founder of the center for democracy and technology. before that, he was the director of the electronic frontier association. before that, he was chief counsel for the aclu. he has worked on a lot of intellectual property issues. i am including the electronics property act of 1986. to his right is gigi stone. to her rights is the executive director of the future of privacy form. jules was with aol as their chief privacy officer. he has a long history of war beyond privacy related issues. with that said, i would li

jewels before that was with aol their chief privacy officer.he has a long history in working on privacy related issues. so with that said, i'd like to hand it off to jill who is the center for caller: right executive director. >> thank you. >> hello everyone. thanks for having us. when tim and i talked about doing a briefing like this, we didn't know it was going to be co-incident with our empation which we are arriving in front of you in real time just on the heels of culmination of 18 months worth of work in the implementation work of the caller: right phase system. before that several of my colleagues at the table were involved in a multiyear negotiation. as i think many of you know these issues have historically not lent themselves to >> we will take you through the nets and bolts and we will take questions after wards. >> just to give you a little bit of background the center for caller: right information was formed in 2011. the parties to that memorandum were representatives of the major content industry and the largest internet service p

> megyn: you know, on another front, okay, so most of these accounts that the hacker goes after are aolail accounts i'm told, but it does beg the question whether correspondence should be taking place off line and in a way that, you know, is compromised. we talked about this during the general petraeus controversy and e-mailing through an account that's not secure and now we know he was doing that, but it compromises our officials if not only they are not on a secure line, but a person they're corresponding with is not on a secure line. here is something where they were sort of back and forth about benghazi, but what if it were something, you know, that present day was a matter of life and death? >> well, the growing understanding is the hacking movement gets bigger and bigger and faster and faster and wikileaks was sort of the break-through moment, but now it's picking up speed, is that nothing is secret. if you write it in an e-mail unless it's in a department of defense encrypted e-mail, nothing is really secure. but these cut-out accounts that public officials in washington have got

they consider complex appeals of federal regulations, among other things, as jurisdiction andvite aol national security challenges. this is also one of the many courts in crisis across the country. mr. president, 36%-37% of the d.c. circuit seats are vacant. there are four vacancies now. the last appointment to the d.c. circuit was made in 2006. it is 2013 today. in the years, the number of pending cases per judge has grown to almost 200 from a little over 100. when ms. halligan was nominated, she was nominated to fill unwith of two vacancies. many republicans said they voted against her then because there was no need. d.c. circuit had enough judges. now we're four shor short. more than two years after she was first turned down, her nomination is again before the senate and the d.c. circuit now has four empty seats. last time the senate considered ms. malligan's nomination, some of my republican colleagues claimed the d.c. circuit didn't need anymore judges. so they filibustered her nomination. no one could credibly that i can that argument today. my republican colleagues choose to fi

she runs huffington post and they have money with aol behind them. >> actually -- hi, how are you?s your opinion. it's called gps for the soul. it gives you a proxy for your stress level and your heart rate variability and then you can launch a guide that has you course correct. you can personalize it with the thing s that you love and the things that make you feel centered and unstressed. your pictures of your kids, pictures of andrew and john and becky and music, country music if you like it. >> nicolas is that ranking in any? >> probably. it it's the top 1,000 it will be ranked. we rank every single category in every single country in the top 1,000. >> joe downloads apps like crazy. >> i have been. i downloaded a skiing app, nicolas, alpine. it wasn't as good as the one my kids have. do you have those ranked? it measures how many runs? >> i would say in the sports category, especially right now it's the season so they're probably ranked in the top 1,000, yes. >> my other question is navigation. we have a board and i don't know if we showed it. we have google maps as the number o

they like aol, ebay and google which they rate outperform price target at 955. of t3live and it's constructive that google held at 8:09 yesterday and now he wants to show it above that to show real commitment. there's short-term resistance around 819. 52-week high is 844. back to you, guys. >> ben bernanke set to meet with the inner circle today. the beginning of the two-day meeting and it's one of the most interesting fomc meetings in quite a while. on the agenda, what else? euro europe, the fed's exit strategy, how much more will they spend and a preview of what to expect after the break. plus, the home building sector up more than 70% over the past 12 months and is there time to still raise the roof on your portfolio or has the rally peaked? and keep it locked to "squawk on the street," a bit of cable news news, liberty media announcing it will buy a 23.3% stock in charter. gregory maffei for an exclusive interview. former microsoft guy. we'll hear what he has to say coming up. ♪ ♪ i don't want any trouble. i don't want any trouble either. ♪ [ engine turns ov

that's just what yahoo does and that's just what aol does and lots of other sites do that. was the data on social and they're retargeting a long practice of the internet and it just makes facebook a lot less special and probably deserves a lot less of a premium multiple because the data isn't as good as you thought it was. >> you're probably not target audience for facebook and therefore the way you react to having push notifications or whatever come at you may not be the same as a 15-year-old girl, for example. >> don't take me -- grab one of your friend's phones and grab one of your kids' -- whatever device they're on and look at the advertising and i think what you'll end up looking at is it's looking less and less like facebook and ads that don't seem terribly relevant to the target audience. whether it's game installers trying to push a game install on you and these are taking up the full screen and they're very, very small. those are actually very big, very invasive, disruptive ads and the question is historically they were supposed to be better and they were supposed

was a time when your pc was powerful enough to be able to get it it so you started getting dial up aolad no crises whatsoever. the bob rubin managing the economy, bill clinton getting interest rates down and what we have now is a compliant fed and we've got some good earnings, but i just don't think that we can put on the kind of numbers that -- yes, i'm worried about the nine straight days. >> so you say keep your bat on your shoulder. you say the guys are swinging wildly and that's not our style. you're willing to miss a couple of points. >> we'll look back at what's happened since the millennium began and there have been only a few instances where we've been able to go eight. we've never been able to go nine since it started. we're 50% up, 50% down within a week. almost always down within a month. so all i'm saying is find stocks that aren't up if you're going to take a shot because these 52-week high stocks, the stocks at a 52-week high, they don't appeal to me as much as down and outers. >> it's interesting because they came out with another technical analysis there and came out w

it sold to aol for a lot of money. people thought it was a great deal. didn't want to sell. given where the markets are today and given all the confidence, do you wish you would have stuck with that? >> first of all, all of us are very happy we sold the company for the the price we sold it. but i was on the record to say i thought if we had stayed the course we could have taken the company public. with huffington post we were able to build the brand that defined digital news on the web. breakaway brand, very successful company. it was profitable when we sold out. we knew exactly what to do wit. we could have taken it public. >> what do you think it would have been valued at now? >> a billion. >> a billion now? two years later? >> yeah. >> that's incredible. >> talk to us a little bit about buzz feed, social media, where you think all of this is going. >> there is a huge revolution in terms of marketing and the way that brands go to market. that's revolution fueled entirely by social media. brands today have become publishers. they are constantly publishi

. >> no, what created value by exchanging and you'll know best, exchanging aol for time warner?are -- these deals were predominantly done for cash, at least in our portfolio, very few of them, most of them were corporation "a" buying corporation "b," and by the way, the average premium was 88%. we don't buy companies because we they're takeovers. buying companies that do something unique and different. those the companies that get coveted by bigger companies. >> dan, very quickly, just to mention one more stock, devon energy. >> yeah, predominantly domestic play. i got a sense on the last conference call that they're almost desperate to make the stock go up. one of the things they'll be doing is taking public their master limited partnership or their midstream businesses, but there's phenomenal assets in this portfolio of energy. of energy -- of properties they have. >> dan, thank you very much for joining us today. >> thank you very much for having me. >> appreciate your coming in. >>> when we come back, we'll talk about much of the world watching the roof of the vatican for wh

the president could have been our partner in that instead he was aol. >> we are furloughing tsa workers is the fabled three hour waits we might be facing at the airport airport. the federal government is paying $100,000 a year hard begin. >> irs studio $4 million a year. they have a tv studio. i don't know what it looks like. it must be even nicer than this $4 million a year. 4 million of your dollars a year gets spent by the irs for a television studio. and we can't have enough tsa agents? >> i bet you they don't put on very compelling programming over at the irs. >> i was going to say. >> i bet it's also nicer than this studio which is pretty unbelievable. nasa development to mars. instead we are not cutting it we are furloughing border patrol agents. >> you see why people think congress and washington is just in outerspace. wasting a million bucks to come up with a menu on what to eat on the way to mars. really? really? >> we're spending 1.6 million on video games developed by nasa. here is my question though. >> yes, sir. >> wouldn't it make sense for the republicans in the house to

my amendment simply provides a incentive to the department of labor to conduct these aol vations -- evaluations on time and the authorizing committees can have the information to do their job as well. it is neither the taxpayer nor the job seeker any good at all that congress is funding something that's ineffective. this amendment will put something -- executive branch on notice. congress is keeping an eye on their performance and the authorizing committees can also have more information to do their jobs. with that i urge support of this amendment and i reserve the balance of my time. the chair: the gentleman reserves. for what purpose does the gentleman from texas seek recognition? mr. hinojosa: i stand up in opposition. the chair: the gentleman is recognized for five minutes. mr. hinojosa: i would like to yield two minutes to the the gentlewoman from texas, sheila jackson lee. the chair: the gentlelady from texas is recognized. ms. jackson lee: i thank the distinguished ranking member of this committee. i thank the floor managers. i particularly thank mr. hinojosa for long service on work for