ceo timjohnson with aol armstrong.ing up, intel is making its biggest investment in big data centers ever. we will explain why next. ♪ >> welcome back to "bloomberg west". intel is investing big in big data. the largestr is now a quarter in a company that helps customers manage data. cory spoke with intel's senior asked why the and companies are partnering up. groundbreaking for the industry. we are taking these strengths that they have in the data , their efforts in performance, scalability, and reliability, and they have a greater than 90% share, and , abining that with cloudera leader in data management. together, we have focused on performance and focus on data management. intel's ron scissors if customers better -- is there some technological thing that can happen? >> absolutely. processingdibly -intensive and memory-intensive. and you are trying to move that data to distribute it through new platforms. that technology is what we do best. we create technology to make that big data platform excel. we have done opti

aol ceo tim armstrong joins us to talk about his company's new platform. will it help aol get a bigger piece of the ad market? and now turkey has blocked access to google's youtube. court ordered the government to lift the ban on twitter although it is unclear whether if or when it will be lifted. twitter has signed a deal with billboard. charts will measure the popularity of songs based on how much buzz it is generating. twitter announced plans to his continued its #music app. shares are up more than 15%. try net makes cloud-based software for medium and small businesses. it is time for microsoft the the press ast chief executive. mobilea bigger push into and tailoring its office suite to work on apple's iowa state vices for the very first time. cory johnson is live outside the event. >> you have two big significant things happening in san francisco. have satya nadella, the new microsoft ceo, addressing the tech journalists. that is a big deal. it is a big deal that he came to us. he came to san francisco where the big tech companies are headquartered here

. >> aol is hoping to become a force in the online ad market. tim armstrongoins us next to talk about the company's push into automated ad buying. ♪ >> this is the best of "bloomberg west." aol is moving beyond content hoping to get a bigger slice of the online ad market. the company has introduced one by aol. it helps automate selling ads by combining technology that aol has acquired in recent years. cory johnson caught up with aol see eeo tim armstrong. take a listen. >> basically, it is a platform for the advertising business that will make advertising as easy as e-commerce. >> if only. >> depending on the months, we have 20,000 or 30,000 other publishers who use our ad system. it will go across the entire ecosystem of our network. it is else of an open platform. if customers want to bring in other partners or data, those type of things, it is truly like in itunes or amazon type lab form for advertising. >> is the notion that this will be a parallel for ad buying -- >> our system is an open system. you can buy across the entire web almost. you can bring yo

cory johnson caught up with aol see eeo tim armstrong. take a listen.asically, it is a platform for the advertising business that will make advertising as easy as e-commerce. >> if only. >> depending on the months, we have 20,000 or 30,000 other publishers who use our ad system. it will go across the entire ecosystem of our network. of an open platform. if customers want to bring in other partners or data, those type of things, it is truly like in itunes or amazon type lab form for advertising. is the notion that this will --a parallel for ad buying is an open system. you can buy across the entire web almost. you can bring your data and your own point-of-sale information and crm data. it is really powerful. i'm trying to get my head around it, i feel it is rapidly evolving. the entire supply chain of from iron or to buying the car, the only piece in that supply chain that hasn't been fully automated is advertising. automateine is just to , to put machines in places where machines can tirelessly do over a big scale was humans have a hard time doing. huma

aol ceo tim armstrong joins us to talk about his company's new platform. bigger piece of the ad market?

armstrong with a camera because you might get fired. melissa, aol is been in a lot of trouble since they republicized twine. they're pin 2009. tim armstrong is not frankly bilged the subscriber base. not only isn't fun guy to hate but numbers speak for themselves. melissa: you talk about jcpenney. they have lands end under their umbrella. that is strong product. they make many school uniforms. jcpenney as a brand is hurt but they have good properties. >> yeah, that may be good. that might be thing that saves them is the real estate. remember they have to unload that portfolio. and you know as well as i do, melissa, the brick-and-mortar retail remembers betting really hurt. yes, jcpenney is up pretty nicely this year. they had a good quarter in q4, 3, 2, 1 last year absolutely terrible. i don't buy this turn-around yet especially concerning like you said, their loyalty isn't quite there. it is not quite back. they try to be this hip and cool store. that is not their demographic. more after middle age to later aged shopper. it doesn't fit. melissa: th

coming up, timothy armstrong of aol, "bloomberg west." this is "bloomberg surveillance."'m tom keene with scarlet fu and adam johnson. scarlet, you will get a started on a stressful morning. for citigroup. shares are down 58% in premarket after they fill the fed stress test for second time in three inrs -- shares are down 5% premarket after they failed the stress test for second time in three years. faceows how banks obstacles. bankswheeler covers the and joins us on the phone this morning from london. there are so many directions we can take this in, but the overarching picture is more than five years after the financial crisis, these stress tests are supposed to be perfunctory yet five big banks other capital plans rejected, couple of them are submitted and were proved later on. is the federal bidding the goal post? >> yes, i think they probably are. what we said all along, and we see this in europe as well, banks are being pushed to build up their capital to much higher levels of leverage to lower levels than we sell precrisis. i think once the relators got them to tho