you could dial onto aol.pecifically designed to be point 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 right 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 there, click on a list of rooms to find different categories of rooms. >> 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 m

having started and skilled aol supported -- scaled a well here, i'm supportive.opefully they and other companies -- google, apple, facebook, they are opening offices in other parts of the country. we need a more inclusive approach to innovation. people have reason to be optimistic about the future and not feeling like they're getting left behind. part of thee decision-making committee and amazon and see resistance in queens, what do you do? what is the way forward for amazon? >> i don't know all of the details in new york and jeff bezos is a friend. he has a great team. i'm sure they will figure it out in terms of reaching out to the community. they will figure out if there is a path forward or if they need to recalibrate. brad: that was part of my conversation with revolution ceo, steve case. coming up, big tex faced off this week over privacy is apple temporarily pulling apps development tools from facebook and google. to the ceo of common sense media to get his outlook. if you like bloomberg news, check us out on the radio. listen on the bloomberg app, bloombe

they could be the aol of ott because of disney at other companies are pulling, what does netflix have? meg: we have tremendous respect for netflix. let's pause for a moment and contemplate what they have built. it is extraordinary. they have revolutionized an industry. in hollywoodnt making content for them. i think this will be a battle. there is going to be room for one or two players, maybe even three. isaac it is very much possible that netflix continues to do very well. katrina: you think there will be consolidation? meg: i can't see a scenario where netflix is not one of the winners. katrina: do you think as many services that exist now will exist in the future? meg: probably not. think back to the car industry at the turn of the last century. there were something like 100 car companies. now there are effectively three u.s. car companies. i expect there will be a lot of entrance and then there will be a consolidation with winners and losers. i'm sure willsney be a winner. ♪ meg: i think we need to be prepared for a global economic slowdown. l economic slowdown. katrina: you are

know something else is normallyco ng because you need a cold front to get the warm out out ahead of it aol the front brings in the cold front behind it. the col t air starting make its way in. a little on the breezy sid winds gusting 20, 25 miles an hour right now. at the airport, it's 55 degrees. there is that wind, northwest at 17 miles a hour. and you notice the wider view showing 42 in hagerstown. 44 in martinsburg. 38 here. 27 back in oakland. that colder air is starting to make its way here is the wider view. 17, the wind chill inla cle. 4 in chicago. much colder to the west. now, we're not talking about big time cold. it's not going to be quite this coth. closer to wind chill wise was we make our way out tomorrow. nothing on the radar. we've beenn the dry side. i think we say that way. the cold front has moved offsngre now we're loo at the storm back to the west making its way our way, but sliding just under our region.ot i'm expecting any snow at all now. here is your forecast futurhe we showing where we're going to go. look, frederisburg over towards leonardtown, it's south of you

like they could be the aol of ott. if disney and other companies are pulling their content from netflix, then what does netflix have? meg: we have respect for netflix. let's pause for a moment and contemplate what they have built. it is extraordinary. they have revolutionized the industry and have incredible content. the best talent in hollywood is making content for them. i think this will be a battle but there will be room for one or two players, maybe three. it is very much possible that netflix continues to do well. emily: you think there will be consolidation. meg: netflix will be one of the winners. i can't see a scenario where netflix is not one of the winners. emily: do you think as many streaming services existing now will in the future? meg: probably not. think back to when an industry is firstborn. think about the car industry. at one point there were something like 100 car companies and now there are effectively three u.s. car companies. there will be a lot of entrants, then there will be consolidation and

the former aol and oath ceo is our special guest. in on big new investments in consumer space as the final hour of "squawk box" begins right now ♪ going up to the spirit in the sky ♪ >> announcer: live from the most powerful city in the world, new york, this is "squawk box." >>> we're live at the nasdaq market site in times square with melissa lee and wilfred frost. joe and beck kri on the west coast. they'll be joining us tomorrow from pebble beach. our guest host is jeff lewis, founder of bedrock capital we are in the red right now. let's show you what's happening. dow looks like it will open up about 150 points and the s&p 500 off 18 points. the ten-year note at 2.666 well the 666 thing -- >> you're missing a 6 but you're close. >> there was a 4 there we have a major deal to tell you about in the banking world announced this morning bb&t and suntrust combining in what the two banks are calling a merger of equals suntrust shareholders will receive just under 1.3 bb&t shares for each suntrust share they now own the shares are valued

aol instant messenger? will have aid, we good time. you ready for this evening? you guys ready to have a good time? i know some of your tired. it was valentine's day weekend. you're probably still on your third dream now, still trying to go back to sleep. i want everybody to stand for the video presentation of the negro national anthem. ♪ we have come, we have come ♪ [applause] >> you may be seated. that, our negro national anthem, it makes me start to think, this has been a wild black history month. i work for the new station here. we have a montgomery county high school passing around free passes to say the n word. whoave a virginia governor is involved with the blackface scandals. first it is him, first it is not him, he is playing a hokey pokey dance with it. when you hear that song, it almost inspires and you, you keep moving forward. that goes along with our theme. to move on, it is my pleasure to evelyn, the. national president, currently the chair of the department of african-american studies at harvard. she is a prolific writer, recipient of the 2014 nat

emily: there was a lot of development with aol. jean: started and build our company there.on just pulled out of new york because of the protests. we have not heard much about northern virginia. jean: virginia is embracing amazon. i think it is unclear to me but it seems the new york decision came late in the game and they had not done the consensus building that they had done in virginia. as a result, the communities around virginia and washington, d.c. were prepared. i am not sure that is the same thing happened in new york. quite honestly, my hope is they will go to numerous communities. we were disappointed to think they would go to new york, where new startups are not dying there. they are in different parts of the country. if they build headquarters for even a significant office, as many silicon valley companies have done. i was in indianapolis, salesforce has a huge office there. we are beginning to see these west coast companies move into the midwest. my hope is amazon will do the same. emily: jean case, thank you so much for being here. jean: great to be with you. e

but, others say that netflix could become the aol of ott. what do you think?i have not a clue, but i will tell you betting against it has been a terrible thing to do. there have been a number of times in the history of netflix that i did not get it. i learned my lesson. i'm basically going to assume he will pull it off. the thing i will observe is netflix has a data advantage. they really have a sense of customer preferences that has to be economically game breaking continued to visit and others. disney will have a concert advantage because the pixar library, children stuff. obviously, the marvel line and some fox stuff. they will give them a full set. because of the way disney prices things in the purchase market, i think there is a lot of demand for a lot of streaming, particularly of the pixar and disney animation. it is going to be interesting to see how this plays out, but i would definitely not bet against netflix. if the stock gets creamed, that would be a buying opportunity. emily: i want to ask you about our next story as well. geetha, thank you so mu

think about how hewlett-packard bought a company in the uk, time warner did aol at the time or aol didgnificant number of well-done structural deals and then you get the price of the stocks of the targets aside from the newmont barrick deal today where they pay a big premium over last and those are the elements that come together. >> mario, ginn the elements, mike santoli, doesn't it seem like where we are in the economic expansion, how far along we are, the credit markets are accommodating. ceos should feel confident and seeing more mondays with at least as many deals an what do you make of the fact that deal activity as a percentage of market cap not that high given where we are in the bull market? >> you had transactions of last year, probably second or third best independent of that, you go through cycles and transactions, obviously, the ceos of companies and boards feel comfortable of a tailwind okay an eu transaction or deal with china and they want to grow, they look at the capital, the tax structures of deals, they look at any been fits that they get. you know, what multiple ar

by wireless anyway and can you believe at some point we were worried about time warner merging with aolers is doing that and it gets her headlines and moves aoc from the front page for about 30 seconds but it just does not make any debt business sense to jonas' point. >> there is a larger question which i'm sure we could revisit a much longer discussion about whether antitrust legislation in general in the 20th century was a good or bad thing for the consumer and for pricing. to join us this point, better for in the trust to focus on advertising and digital monopolies that would be on the seventh largest bank in the united states but nothing will happen from this. partly a reaction to the gutting of the consumer finance protection bureau whether you hate it or not, that's the reality. who will stand up for lending standards small businesses and they will hammer these leadership of both these institutions and say you better not tighten your lending standards and that is all that will happen. it's all a bit of sticking a moral ground but nothing will happen. >> i agree with my colleague.

. >> juan: my kids say you have an aol account? >> morgan: do you really?be a blessing to others. that's what the reverend in virginia and his church, the decision to give $100,000 to help 34 howard university students erase their student debt. here's one student saying thanks. >> i'm so thankful. i wish i could come and hug everyone. the fact that this weight is lifted off my shoulders, i am forever grateful. >> juan: in addition, the church donated $50,000 to north carolina's bennett college, one of the two remaining historically black schools for women. here's the alford street baptist. an enormous act of kindness, judeo-christian tradition, faith made real. terrific. >> jesse: okay, speaking of terrific, jesse's hair news. that is not real. there is a video from the biggest kiss cover band in america, greg's favorite kiss cover band. hair ball guitarist bobby jensen got a little too close to a pyrotechnic. his hair caught on fire. he didn't freak out, just kept playing like nothing was happening. his crew took good care of him. didn't stop the show. >>

. >> big buyer of pete, seller of aol. >> tim. >> check out pete wrestling the airplane like godzillaargin expansion coming in 2019, i'm long >> did pete's pitch for united make you want to hop onpourboar? you can vote in our twitter poll while you're there, weigh in on what song we should play to reveal later in the show plus check out shares of square. that stockaseen h bon fire but is the run done? much more "fast money" still ahead. s. and i'll tell you some important things to know about medicare. first, it doesn't pay for everything. say this pizza... is your part b medical expenses. this much - about 80 percent... medicare will pay for. what's left... this slice here... well... you have to pay for that. and that's where an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company comes in. this type of plan helps pay some of what medicare doesn't. and these are the only plans to carry the aarp endorsement. that's because they meet their high standards of quality and service. review aarp medicare supplement plans and their rates in this free decision

do you go back decades and aol and time warner? i'm throwing it out there, right?n you open pandora's box you take a look inside and sometimes it is not pretty. i would say with technology and big tech giants, let them do what they do at this point. it is a free market system. we're all for smaller government. why get bigger in this case when it seems to be you know for people that want to use it i feel happy using my facebook. >> wal-mart was another one that's going to take over the world. now they are the underdog against amazon. david: you have this push, i don't know, scott, you have a tremendous push from over in europe which some people say is becoming a model for what they are going to be doing there where the government gets their hands in about every aspect of high-tech. >> yeah, amazingly the businesses still want to do business there i'm kind of surprised because you are right, europe has been very tough. they have been ahead of the u.s. the u.s. seems like they are trying to catch up to the european way. the other thing too, if you think about it, guys

aol instant messenger? with that said we're going to have a good time. ready for this evening or this afternoon? you guys ready to have a good time? now i know some of you guys are really tired. it was valentine's day weekend. maybe had a long night last night, probably still on your third dream trying to go back to sleep, but what we're going to do is i want everybody to stand for the video presentation of the negro national anthem. ♪ ♪ ♪ let us rejoice ♪ sing song ♪ ♪ sing a song ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ lest our feet stray from the places our god where we met thee ♪ ♪ lest our hearts drunk with the wine of the world we forget thee ♪ ♪ shadowed beneath thai -- thy hand ♪ ♪ may we forever stand ♪ ♪ true to our god ♪ true to our native land >> you may be seated. you know, when i listen to that, our negro national anthem, it makes me start to think that this is probably, this has been a wild black history month. i work for the news station here and we have a montgomery county high school passing around free passes to say the "n" word. we have a virginia governor

a former tech executive with aol experience and he's part of a greater washington partnership that helpedamazon i asked him about amazon moving out of new york city here is what he had to say about that >> i can't speak at all to what's going on in new york. we have welcomed amazon with open arms in northern, virginia, warde washington, d.c. i'm worked with oamazon and jef since 1994 we have thrilled they have come to d.c the work force, the technology infrastructure, the three airports that we have, the eight universities, we all came together to create on a environment that said we would like amazon to come into our community and we're thrilled they made that decision. >> another thing that's been in the news, nfl team owners have been recruiting adam silver to run their operations we asked what makes silver so special and what were his thoughts on what if he left one day. here is what he said >> what he has always reminded us is the players are our number one priority and the fans are also at the center of everything that we do he's been a great leader he believes in democracy he hasn'

police say aol 72-yea gentleman was killed when he was walking home from work. he had just finished the as rnight shift at a nearby station. we spoke with another worker at the gas station about his former colleague. >> he's verynice. you know, he's very gentleman. he'ser gentleman. my heart is broken. >>ay police they have little information about the make and model of the car involved i th accident. they're asking anyone who may have seen anything to call police. >>> it is 6:09 right now. it's a question anybody who has ever picked up a prescription from a pharmacy has asked, w are prescription drugs so expensive? well, this week congression lawmakers asked that questiong directly to pharma executives. seven ceos were grilled for more than three hayrs yeste and all acknowledged their companies could play a larger role in lowering prices but they added the system is compl p andced some of the blame on insurance companies. lawmakers disagreed. >> i think you and others in the industry are stone walling on the key issue, which is actually locering list p and redu

talk jobs, manufacturing and the economy is the chairman and ceo of revolution and the former ceo of aolthe state of the union, also talk about something you've been doing for the last year in terms of really stoking entrepreneurialism across the country. >> that's why i wish we heard more about that last night, from the president and from stacy abram's response. we want to focus on an innovation economy. 75% of venture capital went to three states last year. we need to back startups everywhere. we launched the initiative to try to shine a spotlight on the other parts of the country, try to get more venture capital to starups to create more jobs. that's part of the trump candidacy. people feeling left out, left behind, worried about the future. 75% of americans are anxious about the future. we need to create jobs all across the country. we won't do that if we only back startups on the. maria: what are you seeing across the country? people think silicon valley, new york, that's where the entrepreneurs are. that's not true. >> well, the last 20 years or so people growing up in the middle o

i told someone the other day i have an old aol account. part of that is because the technology evolves so quickly. one of the things i would like to say that will be important is this movement away from desk i agree with several commenters -- away from, i agree with several commenters, choice to help educate people about consent. the internet has become so opaque that we often do not know the start and the endpoints. we try to say i was on this application, and they are responsible. for consumers, there was a lot of consumer confusion which is why the federal privacy legislation is really important because it is not we are suggesting that consumers alone be the stewards of their privacy and personal information. that is something that is a little harder to do. i also think -- i want to push the proposal a little bit because i think there were some interesting points i am sure we all think differently around the fairness principle and who is the steward of your data. how many of you go into a bank regularly? do you say to your teller when y

they'll eventually crush netflix and i think netflix ends up the aol of ott. >> generally market valuations right now, where do you see them >> we like to call them microbubbles and micropockets where there's good cheap stocks, a lot that are undervalued overall the market is fairly valued accounting earnings are going up and to the right, right? economic earnings are falling and declining over the last few years. so, companies are sort of running out of cookies in the accounting cookie jar and i think that's part of why the markets had a little bit of a belly ache recently. it's not able to find firm footing on cash flows and so you have to be careful you're not going to be able to have the tail winds of strong gdp growth, declining interest rates and things we've had in the past it will be more about due diligence and understanding what you're buying. >> david trainer, jack peruvian, thank you for joining us >>> after the break, a big, exclusive interview with goldman sachs chairman and ceo david solomon. his thoughts on everything from the ipo market to the tax proposals. that's coming u

aol cofounder steve case and michelin star and award winning chef jose andres, he's the founder of ngo thank you for all you've done for that incredible island. shining a light and helping so many people down there. you are a saint for what you've done down there. tell us about this tour and what you'll i be bringing to puerto rico. >> it's a relief organization. after hurricanes, we show up and we try to feed the people who are hungry. always we need to remember that people, they have to look at the future with hope. what is the best way to do that? is making sure that in the moment of rebuilding, organizations like ours, our ngo, is helping by investing small amounts, for example, in farmers. it's very important that we'll be stopping the importing of so many of the foods they consume. more than 90% of the foods puerto rico eats is coming from the outside. we're investing in small farms to make sure that puerto rico will be producing the food open t on the island, et cetera. >> you've been even going into places like the midwest and helping invest and put capital in there. what's the

stuart: the co-founder of aol says the junk market is strong but middle america is being left out. for the last 20 years or so, people growing up in the middle of the country, going to school in the middle of the country felt like the opportunity was on the coast, going to places like silicon valley because that's where people were gathering, where most of the venture capital was. we are starting to slowly see a change in cities like pittsburgh and chattanooga, places we visited recently are showing stronger startup communities. if we don't create opportunity there there will continue to be a brain drain. people will continue to leave and we will have this two americas where there's innovation happening and job creation, economic growth, and a lot of other parts of the country, people being left behind. during the fall, everyone who has medicare may be eligible to choose a new medicare health plan. but you may be able to choose a new plan right now. if you answer 'yes' to any of these questions: are you turning 65? do you have both medicare and medicaid? do you have medicare? and a

it was the into billy of anyone to access an open network that gave us aol and everything else. . . focusing on blocking prioritization, it doesn't even protect today. it doesn't protect today because it says you're free to discriminate just don't do it this way. , the cake is not fully baked. but, those three principles apply netflix concepts to a dynamic and constantly evolving internet. . each member will have five minutes to ask questions of our members and i start by recognizing myself with five minutes . >> chairman wheeler, when the fcc enacted the open internet order, it included the brightline roles we all talked about, no blocking or throttling and it also included a general conduct standard, consumer protections and commission oversight of connection and zero rating policies. can you briefly and i would underline briefly, give us some examples of past problems that necessitated . >> there's a historical reality where comcast tried to block pdp , there is the experience of comcast trying to block not trying but locking ports into the network, there is one at&t and verizon

case: probably 25 years ago, 30 years ago -- the internet was still -- when we started aol in 1995, 34rs ago, only 3% people were online and they were online an hour a week. most people did not know or care about the internet. we were colleagues and trying to get people to pay attention to what we were doing. i know we have limited time. we did publish last year a playbook around what we have .earned, lessons learned search rise of the rest and you'll get detail what is happening in different cities and what are the key things to focus on. on this specific question of driving more collaboration, it is really using your power to bring people together, partly to shine a spotlight but mostly to bring people cross sector together. it was surprising to me that some of the large companies in your cities and states, the fortune 500 companies, need to partner with a start up to stay agile and understand what is happening with startups, particularly in this third wave. it is not about the software. it is how you get integrated and embraced by doctors and nurses and hospitals. it is more of a sy

it was the ability of anyone to access an open network that gave us aol and everything else. the 2015 open internet order extended those enduring principles to internet service providers, while removing outdated and unnecessary title two common carrier requirements. i understand why the isps don't like this. they want to be able to make their own rules. they argue that transmitting zeros and ones rather than analog somehow absolves them of the responsibility to be open and just and reasonable. that's kind of like saying that electric cars don't have to obey the speed limit because it was established for gas vehicles. no, there are enduring principles that apply to essential networks. let me quickly address three policy issues that flow from that. one, the game is being played that we're dealing with, an information service as opposed to a telecommunications service. it's clear what that effort is. to shoe horn the isps into a less regulatory structure. it is a phony construction. regulating networks like the content they carry is just like saying that because a road leads to