what's going to be the next aol? do you see a company now, just getting started, that you think, they have the bones, they have the leadership, they have the vision and execution, where maybe in 10 or 15 years, we're gonna talk about them, as a transformational entity, in the way that they used. - absolutely. i have an investment company revolution, we have both a venture capital group and a growth stage group, so we'll make six or eight investments a year, - give us one you like - in these, in these third world, actually one of the ones that's most interesting, and surprises people is what's happening in the food industry. five trillion dollar industry, - yep. - hundred percent market, you know, everybody eats, everybody eats multiple times a day, but most of the big food players, are basically used to kind of processed, industrial, approaches to food. there's a whole generation of brands are emerging. we've invested in one called sweetgreen, for example, it's a fast casual restaurant, that's eating away at the fast

you could dial on to aol. was specifically dined to be point and click. >> steve case is the president of america online. i interviewed him via computer. >> 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. you can either click on the chat button up here or go to the people connection, that's what america online calls it and when you get here, click on list rooms to find different categories of room. >> when i was a kid, i didn't know any other black gay people. the only people i knew why the emotion that i met on america online. i didn't come out to my mother till much later but i was out o

you could dial on to aol.t was designed to be point and click. >> steve case is the president of america online. i interviewed him via computer. >> what are the most popular online features now? >> he responds the real focus for us is on promoting interactivity. >> what's the best thing? to be able to communicate with just about anyone, anywhere. >> is one of the thing it is a aol realizes is that america online can't be all 200 plus million people at once. you need little neighborhoods. so chat rooms bm internet neighborhoods where people that share interests create their own space. >> you can click on the chat button or go to the people connection. click on list rooms. you'll find different categories of rooms. >> when i was a a kid i b didn't know any other black gay people. the only people i knew are the folks i met america ob line. i didn't come out to my mother much later, but i was out on the internet. >> in many respects, aol was one of the first social media companies. >> computer communication is not

aol costs $10 an hour to be connected. now pennies an hour because of broadband, wi-fi connections, things like that embedded in the flat rate. that only happened because of that judicial decision. if there wasn't one monopoly phone company we would not have seen competition or prices go down so that's another role of government and finally, congress. when we started it was illegal for businesses to connect to the internet at a time it was restricted to government use, government agencies and educational use so if you work for a government agency or a university campus you could connect to the internet but everybody else, whether in their home or businesses could be connected. congress passed the telecom act that commercialized access to the internet and the government decided in the early days they're not quite sure how this is going to work so we're going to adopt a relatively light touch in terms of regulation. have a sales tax on e-commerce and things like that. let's see how it felt and as a result it skyrocketed so i

turns around and shares that information with several companies including oath which is the merger of aol into yahoo. the program is voluntary, you can opt out, but yeah, you can opt out if you know that you need to opt out, guys. >> and then we're taking a look at wall street today. it looks like the futures are in the red just slightly across the board today. the dow, the s&p, the nasdaq all off. taking a breather. the markets poised to pull back because yesterday's milestone for the dow, the index closing about 22,000 for the first time, that was powered by apple's positive earnings report. it took 107 trading days or maybe 154 days if you include weekends and holidays. investors looking for economic reports today so we'll be watching the stocks throughout the day here on cnbc. >> thank you. >>> 5:27 right now. families devastated. this morning moms react to the arraignment of a daycare owner in a child sex abuse case. >>> and from the shower to the kitchen an uninvited guest makes himself at home, terrifying the unsuspecting family inside. ♪ it's go time at dunkin' with two egg and ch

police were related -- aol lerted by a women where this took place because he looked suspicious he wasring too much clothes, it's a hot day in spain. and she recognized him eventually from all these images that have been in the media. so she called the police and then the operation began and they found him apparently sort of crouching down. he was then shot and killed. he shouted out, and was killed. he was wearing what looked like an explosives belt. the police could not get near to him so they sent in a robot to see if it was actually an explosives belt. brent: we had a lot of new information coming in today about these attacks and about other members of what was a terrorist cell. what have we learned? pablo: we've -- this investigation, even of the 12 people they said had been accounted for, eight are dead and four have been arrested and detained. what we do know is the key person here is the imam, the head of this terror cell. we do know a little more about him. there is a connection to belgium as well. before a i want to mention in the past few minutes, i read in spanish media tha

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remember, that's the merger of aol and yahoo?in a statement, verizon says the program is voluntary and you can just opt out. philip? >> info-sharing is becoming the normal, contessa. thank you. >> for sure. >>> now to an nbc exclusive. president trump lashing out at his military advisers on afghanistan, demanding a new strategy and threatening to fire top commanders. the revelation coming the same day two u.s. soldiers were killed in a suicide attack against a nato convoy in kandahar. nbc chief white house correspondent hallie jackson has the details. >> reporter: an exclusive look behind the closed doors of the situation room at an increasingly frustrated president, agitated with his military on afghanistan, even as he delays a decision on a new strategy in a fight his top generals describe as a stalemate. senior administration officials take nbc news inside that meeting two weeks ago, where the president's key advisers surrounded him, including secretary of defense jim mattis. those sources say the president lashed out, suggest

in part because, if he is the anthats just very hard-- aol it. hard white house environment to work in. there is also the drama that comes not authored by the president, and that would be anything that the special counsel does. and, trying to keep the president from reacting to any new special counsel information, that will be a big challenge. because it's not only-- probably puts the president in a tricky legal spot, but also it just distracts from whatever the white house is trying to work on disterms of their message. >> quijano: all right, john dickerson, thanks so much. >> thanks, elaine. >> quijano: vice president mike pence today strongly denied a report that he is planning a white house run in 2020 if president trump doesn't run for a second term. pence called the "new york times" article "disgraceful and offensive to me, my family and our entire team." in australia today, american military officials called off the search and rescue operation for three missing u.s. marines. they were aboard an osprey aircraft that crashed into the sea on

i helped set up politics daily at aol. i love what we do. i loved it since my first newspaper job.erboy delivering the "san francisco my god is in cal. if you are with reagan, he spent a year of your life in santa barbara. there were other people who do not spend on that time up there. my dad grew up in nevada. i was born and raised in california, where my mother is from. we did not know that part of the country. he loved santa barbara. he bought a house out there. and he retired, he moved out there. net.ites for state he is in his mid-80's. he covered the status of electricians -- scottish elections a few years ago. foreigne only 82 rolled correspondent on that story. -- 82-year-old foreign correspondent on that story. host: the first world war ended on this date. in here are awards from woodrow wilson. >> it is the war to end all wars? yeah. that is something i try to do. we think we know history, we know some of these stories. sometimes what we think we know is wrong. the woodrow wilson thing is a much less arrogant and much more appealing, really a better comment. it is not far

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. >> you're talking to someone with aol account go ahead. >> what's that. >> exactly. >> 79 outside thisng. feel like 81. wind out of west ahead of front norm and west. as long as we stay ahead of it we have a chance of shower or thunderstorm for those of you east of up to today. nothing too widespread. notably more cloud notably more clouds in the sky. we keep that first half of the day. more sunshine second is half your late afternoon early evening hours. only in the 0s. >> not bad actually. >> not bad at all. >> thanks, mike. >> checking on the roads this morning. >> i'm walking in the studio now updating maps and looking at sky fox over 66 eastbound after virginia 28 we had earlier crash that cleared. you can see how slow traffic is moving now a good 40 minute delay prince william to parkway and it's a ton of volume now. get early start if that's normal route more clouded that usual dlairz back to 895. keep it to "fox news morning" we'll be right >> welcome back. is that the your morning commute courtsey of sky fox and usual delays. got to find a job against traffic in the morning if

this is like the right thing and once he decided he was going to go to uber -- >> steve did and found aol. he was around when they started operations, so he was the founder. >> if he spends time with his parents and the other was a civil engineer and they went to their house that was a very modest house above los angeles in northridge real modest with lovely people and very funny and i couldn't believe this i thought he hired these people. [laughter] i would love to know how you think that happened. >> i would love to tell you that i found his rosebuds anti-arab to literally set out to find it. he tells me a story in the book about when he was an indian guide, they are no longer called this but it's a program run by the ymca where boys spend more time with their dads about ten years before travis and he tells me about a fund raising drive where they sold tickets to a pancake event in front of the supermarket and he was bound and determined to solve the most pancakes than any other so he would stay until the wee hours of the night but the point is he was motivated at a young age he was dri

what's weirder is that santa's still using aol. uh, nope. he is an old white guy. we got a tree!

the next afternoon, alone in an empty bedroom someone else's house, carla chose aol instant messenger to shock an army. we should break out. sure i said. and not expected this within, even as i made plans to go away from college. you can hold two contradictory hopes in your head and still be devastated when one gives away. it's wanting to have your cake and eat it too. what else would you do with cake? i joke with my parents to new york the night after prom to see my family. i set broken and on speaking. my mom would pass away less than a deck o decade later from canc. my father still with us another decade after that. i cannot admit to them then or ever, that i feel because i was, in the end, phil. carl and i never moved beyond that first kiss. while i tremble to meet her lips, she told me casualty to what intimacies she would and would not be okay with. i nodded determinedly as if this was a subject i had mastered. yet i believe dating was no different than marriage. once we are together we would remain together. terminology was technicality. i was ruined like i cannot believe. it's

that happen in europe, but truth is that the politicians do not want to get real.ta mass migration is aolradicalization is a problem. i will tell you something, the european people are fed up with it. >> trace: raheem kassam, ryan mauro, thank you.om what should western intelligence do to stop the attack like today in barcelona? i continuing breaking news coverage right after this. ♪ ♪ (boy) and these are the lungs. (class) ewwww! (boy) sorry. (dad) don't worry about it. (mom) honey, honey, honey, honey! (vo) at our house, we need things that are built to last. that's why we got a subaru. (avo) love. it's what makes a subaru, a subaru. get 0% apr financing for 63 months on all new 2017 subaru legacy models. now through august 31st. [woman] so you're saying you didn't eat this ice cream? [man] baby, i swear on my lucky shirt... i ate it. [burke] fright-ning bolt. seen it. covered it. we know a thing or two because we've seen a thing or two. ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪ do yno, not really. head & shoulders? i knew that not the one you think you know the tri action formula

verizon then shares that information with several companies, including oath, that's the merger of aol and yahoo. in a statement, verizon says the program's voluntary, and you can opt out. with your cnbc mng report, i'm contessa brewer. >>> safety experts want to make sure you buckle up in the backseat. >> they've released dramatic new video to show you what can happen if you don't. >> reporter: to illustrate the pear perils of passengers not wearing seat belts in the backseat, they released graphic video this morning of showing what happens at 35 miles an hour. >> the rear seat passenger flies forward in the crash, hitting the back of the driver's seat, pushing the driver into the seat belt and the steering wheel. >> reporter: the institute says drivers are twice as likely to be fatally injured when an unbuckled rear seat passenger comes flying forward. >> when you don't buckle up in the backseat, it puts not only yourself at risk but it also puts other people in the vehicle at risk. >> reporter: an institute survey of about 1,200 people also found many of us don't buckle up in the ev

you have to be a particular age to remember aol, time warner. to get its hands on charter. there may be a bidding match. is a warning sign like no other to me. james: a lot of debt. manus: enterprise value of charter would be $185 -- $185 billion. there is debt. on,said to me early companies will get smacked if they are loaded with the debt. glencore did. the cash flow has to be there to pay the debt. i worry about what is going to happen to cash flows of these companies. israel.ent war i look at the capacity -- the content war is real. think the players like netflix and amazon and out for that are going winners. manus: disney's move this week was interesting, circumventing the distribution that has worked for them. that is an expensive road. james: it is. shareholders are not sure about it. i agree with shareholders. this is a partner in terms of the business strategy. the implied risk premium is higher than the share price. manus: you look at the potential for profit margin in this sector. what is deliverable in the next 12 months? if we take

i helped set up politics daily at aol. i just, you know what, i love what we do.ave loved it since -- my first newspaper job. i was a paperboy delivering the san francisco chronicle. brian: where is your dad? carl: my dad is in california. if you were with reagan, he spent a year of your life in santa barbara. there were other people who do not spend on that time up there. he fell in love with that area. my dad grew up in nevada. i was born and raised in california, where my mother is from. but he, we did not know that part of the country and he fell in love with santa barbara. he bought a house out there. and after he retired, he moved out there. he writes for us. he does freelance work for us and an occasional column. he writes for state net. he is in his mid-80's. he covered the scottish elections for real clear politics, that was a few years ago. he went there to do it. i will match his coverage against anybody's. he is the only 82-year-old foreign correspondent on that story. brian: page 351, the first world war ended on this date. a cease-fire was signed at

the next afternoon, alone in an empty bedroom in someone else's house, carla chose aol instant messenger to shock me. we should break up. sure i typed, agreed, died. i did not imagine this would end even as i made plans to go with propose purity to hold two contradictory hopes in your head and still be devastated when one of them gives way. it is wanting to have your cake and eat it too. but what the hell else would you do with cake? i drove with my parents to new york the very night after prom to see my family. i set broken indents begin in the back seat to my mother would pass away less than a decade later by cancer. my father is still with us, another decade after that. but i could not admit to them then or ever after that my runaround and had failed because i was in the end, them. carla and i never move beyond that first kiss. i had been more catholic than the catholic girl. while i troubled even to meet her lips, she told me in casual detail what intimacies she would and would not be okay with. i nodded determinedly as if this is a subject i had long ago mastered. and yet, for me, r

get aole society tends to little more on the unit to what is happening around the world.on't want to stop living life. i have a chart, the bloomberg function. showing the breakdown by region for samsonite. we continue to see asia, more of a sore point when it comes to regions. north america, europe. what is happening in asia? hong kong has not exactly hit a bottom. what do you see as the potential upside? one market that has been less satisfying. korea, for obvious reasons. hong kong, still searching for the bottom. at this stage, we enjoy higher market share that we are investing in commerce. that is where we are lagging behind. i believe with an increased penetration of the digital business, we should be able to bring back asia to double-digit growth. then there was business that first went through a disruption. all of that has taken away a little bit of shine out of our investments. asia shouldt definitely be back to double digits. tell us more about that. you mentioned the digital business. the online side, samsonite. china and south korea and japan. are digital busin

also has a two-year from -- tech.ee when she went to purdue had applied, she went in not as a but as aol graduate junior college transfer student. purdue looked at her trance gripped -- transcript which was all a's and b's and accepted her based on that transcript. in fact, when purdue found out that she didn't have her diploma the admissions office called her , they have to strip her of that degree because she did not have a high school degree. you don't do that to raven. if you look at twitter you will see he has a picture of himself with raising saying, that will not happen. raven did indeed graduate with her bachelor's degree. one of the things that i wanted ladyare is this is a young who went around the system to get her masters degree. very innovative, very nontraditional. she did it a high school diploma , the ac to your sat and didn't take a bunch of high school level foreign language or high school level she took college-level courses. one semester of college counts for a full year of high school in that particular subject, english, math, foreign language. a lot of schools requi

the topic of this meeting here fostering aole is dynamic economy. what does that mean to you?oductivity up. from a policy perspective is about tax reform and regulatory reform and those will come up in the hallway here if not on the main floor. michael: but that is the question. it's not about policy so much. honestly in tough times monetary policy is important, but this is really about -- michael: you and other conservative columnists it wrote get 3%nth that we can growth. what you think that? glenn: we can get much more greater -- much greater productivity growth if we have the right policy environment, tax or form, revelatory reform. we can also address lost hours worked with health care reform. but all of this includes policy action. you cannot talk yourself into a economy. i'm hopeful that the congress will come together attacks or form. michael: you are talking about the real problem. coming together and doing anything. you have spent a lot of time in washington. do you think it's possible? glenn: definitely possible. republicans and democrats know our business taxes the

it could be aol. the united states originate from amazon and one way shape or form. and in the second thing is their advertising platform. we think it's about to have billion dollars but is growing very rapidly. the competition on search and the facebook competition on the advertising platform is going to be this is a really basic question. do you mean the available advertising space that they provided right now. they are developing that platform. just like retailers have advertising platform. it is on the sell side for the big retailers. they have have their advertising platform also. do you expand your volume the big battleground will be on the data. amazon facebook google they all control data. in the old days with the traditional media. our clients had more control over the data that they will. the other thing is the voice activated devices. i was in china couple weeks ago. today or yesterday they had launched genie which is there voice activation. they launched two years ago. these voice activate

the classic example is the aol time warner deal and they can't get the cultures together.y interesting netflix's managing to do content really well. >> yeah, they were the ones that darted this. everybody has been following their lead. you even see amazon trying to come up with their amazon instant video. they are starting to do their own content creation. this is a way to manage cost and actually on the road ecosphere when it comes to that. they will not do any life programming. so if you look at amazon, they will start airing nfl. >> i was going to say, and a trend we can identify. netflix buys miller wrote a small detail but a big acquisition has taken 20 years as netflix finally announces the first acquisition. >> you want to play lucasfilm for "star wars," marvel for all of their characters and they have their own programming like luke cage another characters they are developing. now they own it so they can develop whatever they want. >> you could also say the risk because so much success has been organic. they've built their own program organically. will debut a turn