everyone is buying yahoo trying to get a slice of ali baba. it has nothing to do with the turn around of yahoo. >> let's talk about decastro. he say he was abrasive and not very well liked in the first place. >> it was viewed as a coup that she was able to hire him away from google. but the fact is he was not well liked at google. the two of them did not know each other at all. and the reports of tension between them started immediately from the time he got to yahoo. he did advertising at google, and google you don't have to sell advertising. advertisers need you. it was a very different thing at yahoo, and you can see that in yahoos numbers. >> there is a lot of acquiring in yahoo in addition to people acquiring the stock because people want a piece of ali baba. why do you like or not like about that strategy. >> if you talk to people at sal coatsilicon valley, the view is pretty positive but you have to take that with a grain of salt because everyone in silicon valley wants to maintain good relationships with yahoo, they may want to be bough

it seems like the whole story n hinges on the ali baba ipo. >> the ipo is almost completely ali baba. if they turn the core business around. but the metrics are on the come. i think the stock will trade off of ali baba, which is in line from what i was expecting, the results on that subsidiary. >> to further the point about the asian opportunity for shareholders. do you believe that the s.e.c. concern about the accounting practices at some of the big chinese firms is an additional opportunity? in other words, that sold off yahoo! as well, because of the ali baba influence? >> there's lots of puts and takes. some depends on the taxation on that asset. they may be able to tax shelter some of it. when does it go public? and what valuation? and where does the residual portion yahoo! continue to own trade at? i think undeniably, this is an important asset. the chinese retail opportunities completely open-ended. and this company has an unparalleled position. >> rob, thanks for your analysis. we appreciate it. rob sanderson, of mkm partners. looking at yahoo! one more time. marissa mayer, ju

some of the moves wrought on has happened and ali baba is the biggest piece. don't think that they could have predicted that the market would go crazy for growth stocks in china and suspect that ali baba could have numbers that would be so big that it would flow to the whole company. that is one the side benefits they have got. you mentioned the hiring of one single employee for over $100 million over the course of the year. you talk about these acquisitions that have failed to deliver revenue growth. some of the moves that marissa mayer has made have been very expensive. they have yet to show any results. >> what can she do about this hole in her see suite? it seems like she will be taking on a lot of responsibility. what does it mean when a ceo is personally doing what the coo should do. >> these jobs are different in every case in the way that those job responsibilities are delineated. there are so many people who used to work at yahoo!, myself included. i think a lot of people in silicon valley root for the company because they have some memories of the pl

the last 12 months and the fact that they have a prized position -- possession in their stake in ali baba. it is very difficult these days when you're competing with the likes of google and facebook. that has shown up in their numbers, the operational performance, and this is the operations guy. this is somebody that marissa mayer did know from her time at google. >> do we know whether he went on his own, or was he pushed? >> well, we know this is somebody who got a lot of money.

it's dependent on how we go on ali baba, look what's going on with the internet retailers, what these guys did on 12-12-12. china's version of black friday. that's a stock i want to own. >> singles day. >> talk about -- tim talked about it for a long time. we talked about yahoo since it was 16, 17. 20% gets you 48. i've been in the 40 to 45 camp. it's clearly much later than it was six months ago. nine months ago. when we talked about it in ernest. but people are warming up to the yahoo story. i think it goes higher. >> speaking of warming up, you were chilly. >> it's cold in here. i mean you could hang me in the studio. >> in the studio. it's extremely cold. >> this is the fashion statement for 2014. >> nat gas dropped. inventory fell a smaller amount than expected. josh loses it. on tap this weekend. here in the studio could be a bullish factor. b.k. >> natural gas trades off weather, next week is supposed to be extremely cold. particularly for people in chicago, milwaukee, that area. and nat gas today had a great trading day. the numbers that came out this morning were bearish for

and what the ali baba group the typical police. one chinese company to make huge amount of money to purchase ten million customers information. we are all epa issued an apology letter to chinese consumers the company claimed the lead crystal permission did not include king of the id number or bank account. two women to almost everything else. that includes real names phone numbers email addresses home addresses and purchased record. all he did tried to emphasize the core information protected by cooking method. and they were not acquired by anyone. king story might not be enough to pull peers. the first time all the pain and trouble to leak out of five of the metropolis daily reported december two thousand eleven the market for selling personal data was exploited actually fully developed industry the buying and selling a person died in china. for just a small price words can buy the data to improve their marketing and sale. after making that name age gender and phone numbers from the very valuable that emerson telemarketers the mor

the investments in ali baba and yahoo! japan have paid off.n beijing and you use ali baba. a combination of ebay, amazon, paypal. is it impossible to avoid? ubiquitous, 70% of packages through chinese mail go through ali baba. one of the things that strikes me about the ali baba story is, we kind of have a schizophrenic view of china. on the one hand, we are worried about the collapse of the economy and the shadow banking system. here is this company that is accounting for the bulk of showing earnings, growth and really demonstrating that there is a vibrant tourneys consumer. >> there is a chinese angle. if you look at yahoos webpage, which i never do, it is a mass. cori, i am fascinated by the yahoo! image in silicon valley. the media is all marissa mayer this, yahoo! party in davos. in the coffee shops, what do people really think? a companyis seen as that is part of the old guard of silicon valley. it is a place where a lot of people have worked over the last 20 years. i worked there for six weeks. >> do they last? >> i know you love coffee

ali baba is the place.he valuation associated with the ipo, whenever it may come in 2014 continues to be the driver. >> people say mercer mayer has turned around this company when they look at the stock price, not the results. you really see the financial -- youd sharing of lope really see financial engineering of dan loeb. >> they are to monetize part of their investment in ali baba last year. they did a good job of returning proceeds to shareholders, they have done a good job from that perspective. if you look at the stock, it is a complete bet on the value of the ali baba ipo. no real improvement on fundamentals, marissa mayer suggests it is a "multiple your turnaround." super mario.n nintendo's third-quarter profit down 77%. christmas shoppers shun the wii u. not in good is shape. you are not having developers who want to make games for it. is struggling because you have hard-core gamers going to the xbox one and ps4. then you have players who play on the ipod. five dollar game. nintendo has an ecosyste

doo ba baba doo! you're right, barry! baba doo! we can help solve hunger by teaming up with feeding america to get food to hungry kids in communities across the country. announcer: help flint and the feeding america network of food banks get food to the people who need it in your community. find your local feeding america food bank at feedingamerica.org/hunger together, we're feeding america! wow. college already. ( chuckles ) yeah. - we gotta go. - yeah. - ( engine starts ) - ( door shuts ) ♪ for all those times you stood by me... ♪ and remember the-- seatbelt. drive safe. call when i get there. well, i-- i love you. ♪ for every dream you made come true ♪ ♪ for all the love i found in you... ♪ i love you too, daddy. ♪ you're the one who saw me through... ♪ - and thanks... - ♪ through it all... for everything. ♪ you were my strength when i was weak ♪ ♪ you were my voice when i couldn't speak... ♪ - ( woman speaks ) - ♪ because you loved me. a message from the foundation for a better life. >> dance is a beautiful form of art. but ma

was it her or the ali baba thing. liz: exactly. when carol ran it, she understood that and she got hurt for that. but good for melissa meyer. the stock is higher. >> she's taken little bit of a hit losing this ad executive. what is she going to do now. liz: talk to the board come you cannot be upset with the executive. of course, we will have those numbers the second they come out on "after the bell." apple stocks, as we mentioned, taking a bruising after the tech giant earnings yesterday, but billionaire activist investor carl icahn isn't changing his tune one bit. not exactly doubling down, but he is tweeting about another big purchase of apple stock. is icahn going to break tim cook's will and get his way? he wants some of that cash given back to shareholders. charlie gasparino talk to everybody who has the inside scoop. he is coming up in a moment. love it, hate it or don't understand it? bitcoin appeared to seem like it is going to be here to stay even buying luxury homes in sports cars, but will the digital currency ever hit

doo ba baba doo! you're right, barry! baba doo! we can help solve hunger by teaming up with feeding america to get food to hungry kids in communities across the country. announcer: help flint and the feeding america network of food banks get food to the people who need it in your community. find your local feeding america food bank at feedingamerica.org/hunger together, we're feeding america! of the united states of america... and to the republic for which it stands... one nation, under god... indivisible, with liberty... and justice for all. our disabled veterans pledged to sacrifice life and limb to ensure our way of life. now, they deserve our support. find out how you can help disabled veterans in your community. visit dav.org. >> we like to know what's on your mind. so, here's our "speak of the week." >> we're young, we're smart, and the opportunities to be whatever we want seem endless. so, tell me -- what do you want to be when you grow up? >> i'd like to be an artist. i think that'd be interesting. >> i want to be an insura

and aly baba expected to go public this year. ♪ >> welcome back.ily chang. last year saw the most companies go public since the year two thousand according to data from renaissance capital. more than five he -- more than 45 of those were tech related. we look at when we look at companies going public this year? i want to welcome them the chairman of -- welcome the chairman of stage works. many companies went public last year, what are the at for you are looking this year? >> here's the thing. the ipo market runs parallel with the stock market. we expect there will be a bunch of folks who want to get money now in the new year. a think it is going to be boon. >> can you give me a number? >> may be between 25-35. it will be good. >> and you are talking about tech ipos specifically? >> yes. in particulares that you are looking at? we have heard air b&b, dropbox, go go. mentioned aly babb the -- alibaba. they have good things, revenue growth and profitability. we hope they go public. companies that went public last year were not necessarily dogs, but th

ali baba is banning bitcoin in transaction.he battle continues to go on and we look at this. >> includes mining software and the.are for the current the whole enchilada. let's bring in our guest host for the hour, the man behind every single thing you have in your home. in the morning, a cup of joe. a crockpot cooking tonight's dinner. not to mention the camping gear that quarter cannot -- cory cannot wait to use. help put all of these under their umbrella. he is now the executive chairman. have youeasure to here. >> a lot of interesting things going on. you are an avid sportsman. you have done amazing things. endurance sports, long runs. masochist. >> this is 135 mile run through the desert. they banned it, citing it was too dangerous. and yet, you decide to do this. >> it was a lot of fun. for wounded warriors and ran with one. it may be in the picture there. that is the loop -- the wounded warrior. >> it took how long? >> it took me 41 hours. you have 61 hours to do that particular waste -- race. you drink? water did >> 150

the big coin oas the virtual currency has been banned by china's biggest online shopping group ali baba china is still the world's biggest use of the big coin but the government is clamping down on its usage that this follows the central bank's ruling in december that behavior any companies from handling because they people's bank of china said that the currency does not possess the actually of a currency such as legal repayment and in forstmann about it is not individuals though. they are still free to buy and sell bit coin at risk so i have a family twenty four chain is going to be on the market price for the big coin door and that is eight bulls of a show that is a bunch capsules on the doorstep i'm going to be on twitter awake so i'd like to invite you to join me on that one get involved with me as k.t. to wave. and all so you don't see goodbye and i'll have a great run. there are many internal battles in society liberals and conservatives will never agree on gun rights or abortion but there is one battle that is often more generational than anything the battle for school uniforms t

the virtual currency has been banned by china's biggest online shopping group ali baba china is still the world's biggest use of the big coin but the government is clamping down on its usage that this follows the central bank's ruling in december that behavior any companies from handing because they people's bank of china said that because he does not possess the attributes of a currency such as legal repayment and in forstmann abilities that individuals though. they are still free to buy and sell but calling that risk so i have a feeling that twenty four saying is they being on the money full of the big. eight bulls they say that is the event capsules down and i'm going to be on twitter a week so i'd like to invite you to join me on that one get involved with me as k.t. fils-aime take on i'll see you next week if i have a great. because you don't have states is the big dog the only hyper power and the cultural driving force of globalization it takes a lot of flak i mean globalization means the whole world gets hollywood and hot dogs and not the other way around so let's take a break

the virtual currency has been banned by china's biggest online shopping group ali baba china is still the world's biggest use of the big climb but the government is clamping down on its usage that this follows the central bank's ruling in december that behavior any companies from handling because they people's bank of china said that because he does not possess the actually of a currency such as legal repayment and in forstmann ability is not individuals though. they are still free to buy and sell but point out that i own risk so i have a feeling twenty fourteen is going to be the murder case for the big calling about . is eight pills a day so that is a bench capsules on the doorstep i'm going to be on twitter awake so i'd like to invite you to join me on that one get involved with me is katie feel brave take on i'll see you next week if i cannot have a great well. if you've got nothing and you've got no opportunity. to start to construct your current. you don't want to be bad you don't want to be gangsters you don't want to be. drug dealers they don't want that but we know the time t

baba said the government will redouble its efforts to help as many survivors as possible even new homes by two thousand and fifteen. he said the government will work toward allowing displaced residents of the grecian a return to normal life the leader of north korea a used his new year address on state run tv to promote unity in this reclusive nation. he said the execution last month of his uncle strengthen the country. kim was apparently calling on citizens to show their loyalty and trying to consolidate internal unity once these one hundred euro you don't do much to hustle i was too much we assume the new york audience there's korean authorities executed kim sung call on allegations he was trying to launch a coup town suntec was vice chairman of the national defense commission was widely seen as the young leaders mentor kim said in his address that two thousand and fourteen will be a year of great changes he said north korea will make what he called a freshly forward to build a thriving social this country. kim also said he'll work to beef up the military he warned that another war on

thus the expo held hostage by armed guards and this time we had directed me to present bought at the baba would negotiate his release saying that if the dog to have bounded by the us government what and when steyn us development x button hostage but the outcry that baucus from me that directed me to present about it obama to negotiate his release the welshman john who cannot independently but if i the content be a connotation of the video. they descended on us on christmas day a lot of missing unanimous obama to pursue its been a swell guy that was believed to have been involved in this kidnapping more than two years ago. i used it. it is now on standby and the jury is due to the statistic in the job obama to intervene and to negotiate his duties in a decent beat udinese it's reputed to be sure to sign on day this week giving us a hop to the washington post and posted once in the news that cites one beats the cbd to build on. i'm tired the issue. for me to tears. it is. this day and suffering even started. to read hard to appreciate. nine years ago i came to pakistan to help him go. in sh

lots of people wanted to know if yahoo could keep going and how much of the game was from ali baba.answering, they all said pretty much to a person that it was the burgeoning ali baba stake and therefore the stock continued to go higher. they knew a lot more than you thought. many wanted to know if google could go higher and whether apple's better or worse than google. you don't have much time to answer the questions before the lines start surging, but i said they're different. apple's a value play and google's a momentum story. no one complained or tried to change my mind. finally, many own celgene or gilead. two stocks i've been behind for many years. some described it to me as core holdings. when celgene gave a mixed picture today, i bet many bought, not sold, which i think is the right thing to do. again, so much for thinking that retail investors don't know what they're doing. so much for not knowing how the professional game is played. these have been winners without super high valuations. although many, of course, said they wanted to find the next intercept. sorry, i didn't h

have nav inkm baba, have the talks changes thursday anything on the ground there? >> well, interestingly during those talks on thursday, opposition leaders had called a truce and at the flash point a few hundred meters away from where i am in independence square it did calm down. there was no burning of objects, no confrontations with the riot police, not there in large newspaper following call from the opposition leaders. overnight though there's been a clear expression of disappointment by activists here in the square and elsewhere. they have been told by the opposition leaders that the only concession that president yanukovych offered was to start to release people who have been arrested since last sunday when the fighting started. but there's no time scale for that and they say that they're not happy with the conditions, what they're going to do now in fact is to extend their control over a larger area of these parts of kiev up to the site of the clashes. what we are seeing now is tires being burned at the front line. we're not seeing large numbers of people bu

is that because of little dribs and drabs about al by baba are leaking out?and i talked about this up to the 3:00 hour, many were predicting that marisa mayer would be boasting about the traffic for yahoo! rather than focusing on what the weak points are and that is the actual shrinking media sales business which this earnings report reiterates. a question for the analyst would be, is yahoo! in contraction right now? i mean we saw explosive growth in their stock, up over 80% in 2013. it has doubled under marisa mayer as ceo but is yahoo! in a contraction now? are we expected to see slower growth from this company over the year? david: we should mention, sandy, ad revenues declined in each of the past three quarters, has it not, ron, compared year to year? >> it really has. i don't know if this quarter was any different in terms of prior quarters in search a little better, display, pricing is still an issue. as i'm looking to the slides just released maybe the nail on the head, alibaba numbers are out. they're showing 51% growth year-over-year. people might be

she will run out of ali baba rope. the core business display advertising really needs to grow. >> earnings later today, josh. >> yeah. we'll see how much pressure there is. obviously that stock has been a monster since she hit the c suite in july 2012. how much credit she gets is debatable. her game plan has been you buy companies, improve products, attract more eyeballs. what she's done, but that hasn't drawn strong financial results. on the other hand, certainly analysts will say listen, as long as ali baba's valuation keeps grinding higher, it's pegged at $155 billion, that would be a $25 billion windfall. as long as that happens, and yahoo! stock goes along with it, investors won't complain. >> let's talk google and google glass. partnering with vsp which provides vision insurance for one-fifth of americans. does it finally legitimize google glass? >> listen, it's interesting. even here, in silicon valley, i talked to friends of mine in menlo park and google glass, even those guys say it's socially unacceptable to

baba who was convicted in june it had visited two developments with the onslaught. i'm getting there. it didn't fit into the thinking. the tulip table australand the model should i mean in the two to four thirty to two cousins for consulate had to dive bomb the dish had become key for that point in that runs the talk of the tv on and so on. some of the developments now. when a diamond on because it is a quarter of subsidized cooking gas cylinders minded throat but also beginning from april. a cabinet committee approved a proposal to ensure supply of subsidized cooking gas almost ninety nine percent of the population of hours and efficient capital new delhi for the second half of what he said raising the cap across the state eight hundred billion dollars more timely. you don't support the border's team directly across from the subsidy bill uses by the bounce the ball comes off of thomas vice president of god the father please. but for the dead the government had initially kept this type of incident isn't that the involvement of the commission by john wooden doll step

baba says he would tell leaders japan is willing to help train people to achieve stability and economic growth in the region i was the first japanese prime minister to torah african countries in eight years earlier i spoke with the nikkei rose color in a gal she explain why are they chose to go to africa on its first overseas tour this year i am. i also did some fake a promising a comic songs have that project did not know because they see adults sixteen cents. and since this thing called it a lot and was andy ethiopia this time. and that is this a decade is actually falling in on this trip a no then fully behind the title sequence to become a nice evening because he keeps close to the teasing me and caught people off with some cool action aid and tasty dish and calm. and now says that these officers chose mozambique to sign their fancy investment deal with an african country. and the sissy has provided something in the steel bending several agricultural projects so executives are looking there for fuel. and the examples that was and still somehow suggest that bad at being keen on natur

so we are basics and see it think again you're going under for baba opted for the world it's another shot of the threat of being rocked. like i knew what i didn't include uses a good nights and then drop or stop the technology that's going to destroy the excuse that your future it's a matter of the social contract which is breaking down the tension between the private space of a space they started late. and remember john locke said i think it was in seventeen twenty. that was the social contract is broken that people must recall. and the kids also got jacked clearly breaking down. so whether this is there with the result looks like we'll see. we sent a clear message to present obama today people here want you to post on guantanamo bay to refer to the affront to justice said the message to president putin that will come here speaking i called the hospice that the word citizens whenever you don't like free speech in his own country i was out a message but freeing this year i have of course but also but stopping the competence of the society which has been a hallmark of his first year b

we've bought by love from the enemy baba's him only him. but i love pink. in the moon. mind you . pacy. opening day of december the seventh nineteen eighty eight in the depths of the armenians with a magnitude six point nine earthquake hits. righteous for what it's like a bind off to shop a fine point and to many hundreds more off the shelf for months at an area of eight economic incentives just east of armenia's second biggest city in an attempt now known as the ring. there is all the nearby towns to that level for more than haunt the buildings and anemic and itself damaged or destroyed up to thirty thousand people were killed another fifteen thousand the rescue to cool from the rubble. mostly within the first few hours following the disaster the numbness will make us by a series of factors the freezing temperatures and inadequate building construction. receiving no reply. the time of the claims of insanity lead at present the council which offers in new york on his fast of a visit to the us was forced to abandon his trip and head straight to the us clients yes these days. today'

and mainly directed by the minute the founder of ali baba. the area that covers about two thousand square meters down a repeat of the membership fee of the club with about two hundred document about the new breed of youth culture percent each year. to most people behind private clubs are closed the place of mystery and back and deal the rumors until the all indignation super wealthy and well connected are able to spend time at the club the clubs are barely secret location. if it means to be hidden but no way that people might feel that bought them from the outside easily don't go with all the talk into the gifted group of the rich and powerful the tent. welcome back to china price lunch. in today's money matters were talking bout the prequel to the rich and powerful. mostly private clubs are looking part where tapping into building a better state. they put them in new places. mostly because they are in direct night. all the buildings protected by the government by the people in them are well connected it's not really the hiding to show you th

baba says he will continue to try to revitalize the economy he says his goal is to take defensive moves to boost business across the country and ended years of deflation he hopes improved earnings at companies will lead to higher wages and more personal spending. the prime minister also spoke about nuclear energy a major issue in the wake of the two thousand and eleven accidents and for fishermen value cheeky says the government has no plans at this point to build new plants king doesn't that seem only those nuclear power plants would that satisfy strict new safety standards will be allowed to resume operations. currently we have no plans to give the go ahead to new nuclear plant building projects political reporters across japan are going through a prime minister on the set line by line harmless i am at the gym i gave this his perspective. learning them relations with china south korea will be easy. ernest thomas says he wants to explain why he went to tuscany shrine. but he admits that talks with china and south korea. i'm not on the prize. and south korean prison camp communities. se

ali baba for toddlers. i can compete the elder and a meeting. whatever wasn't expecting that it amounted to about a big surprise. because of their breakthrough performance durg thehole go away because of that money matters. not clever way to cheat on that station. china has become known a the countryere those who copied at tha. find the right and to the right time is more important coming up with it by one goal originality is really protected as you can drive our thrifty. plagiarism is very common academia and china are numerous academic journal i kept read write research papers the norwegian press that price depending on the workout. but that's mostly for professors to want to keep her job. students who want to get into college i found out that cheating on the national debt to help them too. dr lucrative business. there's so much weight given to the exam scores. earlier this month one point seven million tiny didn't attend the postgraduate school entrance exam. the harbin university applied to technology. when the school examination room. many

you're going under for baba opted for the world it's been on the out of the threat of being rocked. like i knew of the one on the dvd includes uses a good nights and then drop or stop the technology that storm destroyed the excuse that your future it's a matter of the social contract with the breaking down the tension between the private space of the space. it started late and remember john locke said i think it was in seventeen twenty. that was the social contract is broken that people must recall. and the kids also got jacked clearly breaking down. so whether this is there with the result looks like we'll see. we sent a clear message to present obama today people here want you to post on guantanamo bay had to confront the affront to justice said the message to president putin that still come here speaking i can but how folks that the word citizens whatever you don't like free speech in his own country i was out a message but freeing this year i have of course but also but stopping the complements of the society which has been a hallmark of his first year back in office. the march

o d ap fact that they can use the light of what it once but would not specify what that date when baba or failed plummets. but according to reuters news agency a man was philip died and another protest a fallacy is that during the clashes delayed his abundance broke out. i invite please fight to its head down the barricades set up by demonstrates this neophyte the moment his face the police find the egg as fact. well read powder by demonstrates is fretting actual bones ukrainian police to report to the bath but it was unclear whether that was a separate victim may choose to run the five as a stain on the heels of a mass rally on sunday against the new colt find that the present anti government protests this. in thailand now a pro government red shirt to be done has been injected in a shooting in the country's north east is from heads of prime minister and election a lot. it came off the state of emergency begun an underground a couple feingold. the one t of iraq idea ways that a man of the batch that's the right to one's own group of wood kiln tiny province. he was shown twice and hosp

the pain and ali baba. it's already the world's largest e commerce company which of the total annual turnover larger than that of the amazon combined bloomberg reported. he will pay on november eleven became time to get online shopping day. many e commerce or play in commerce from ocean. on the table painted up and thirteen. introduction the book by bill us. from five point seven billion dollars to twenty four hour period. however when you look at the data for each dollar many talented and able to make too much money and people he applied to the window was treated by many e commerce account the blog and want to hike up to open up the torn chemo. a good example of buying a product they cost around three dollars thirty nine need to tell a price higher than ten dollars could you be possible for chemo the porcelain authority to take the playfulness of the product and edited with photoshop or after that. dr is a pretty and professional pictures. the product the end of the three percent of product right the expen

tones of quarter of ali baba, stock is down on this news.trek items for $149. the stock is up a little bit. a chinese publications as apple's iphone vi will launch this summer. abercrombie got $3. amazon planning to ship product before you place the order. they call it anticipatory package shipping, stock and $402 a share. blackberry surging, the defense department says the company smart phone will capture 90% of the devices in one of its networks. it has 6%. new kind of car service next. sometimes they just drop in. always obvious. cme group can help you nigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader poibilities. cme group: how the world advances. stuart: johnson and johnson stock is lower. the blade obamacare and medical device tax. how bad is it? >> that is only part of it, down 2-1/4%. the outlook here, guidance a little bit lower than people expected. pharma sales, the growth in that momentum may fall back a little bit, growth in medical devices and consumer products. stuart:

the other big concern is ali baba which yahoo! has a stake in, dropping revenue growth as well.aying that they could be losing their competitive edge, cooling revenue growth raised questions so that is what analysts have been talking about. besides the fact they had to repurchase $3 billion worth over the last 52 weeks yahoo! continues to face intense competition with google, facebook and the like for ad revenue. that is the other part of this and a lot has to do with that revenue and a lot has to do with moving to mobile where it is cheaper. dagen: you think the internet here is slow? it is. head over to asia if you want the fastest internet speed. web services provider on global internet speed has hong kong topping the list in average speed of 65 megabits per second followed by south korea, japan and singapore. those four have average speeds three time the global average of 17 megabits a second. the united states didn't even make the top ten coming in 13st place and if you have sprint you got no speed because there is no data on the service ever. will not ever but -- connell:

if you look at the stock, it is a complete bet on the value of the ali baba ipo.o real improvement on fundamentals, marissa mayer suggests it is a "multiple your turnaround." >> now, an un-super mario. nintendo's third-quarter profit down 77%. christmas shoppers shunned the wii u. >> the wii u is not in good shape. you are not having developers who want to make games for it. the wii u is struggling because you have hard-core gamers going to the xbox one and ps4. then you have players who play on the ipod. a five dollar game. nintendo has an ecosystem similar to apple, they make everything. it is also the hard part about their company in the short-term. >> a challenge for super mario. a challenge for new york, hosting the super bowl in four days. talking to one of the men making the game happen. jon tisch. the super bowl's most exclusive parking spot. later on "lunch money." ♪ >> two big names, two big football fans, jonathan tisch and woody johnson. tisch has been trying to bring the super bowl to new york since after 9/11. it wasn't until the metlife stadium was

this comes as ali baba, the chinese e-commerce giant, has shoppinge point on it platform. the chinese government recently banned bitcoin deposit. asga will start accepting it a form of payment for some of its game. matt miller joins us now from new york. talk about the power it takes to actually mined these things. if the bitcoin community concerned about that? >> this is a big problem with , but something the creator expected to happen. i do not consider myself a bitcoin expert come up but i spent a lot of time on bitcoin forums. them to buy and sell things and go to me that's a lot. a lot of questions that people have is whether it makes financial sense to buy it now make moret, if you money doing that or make more money mining it. the problem is it used to be possible with your laptop or even nintendo or xbox. now it takes such computing power. it takes such specific equipment , and it is also draining on your energy bills that it may make sense for average people to mine bitcoin. problem init is a the community, the whole point of it is to decentralize currency. it is

you could say this is a business that has a huge valuable asset in its stake in ali baba.t, we would be asking more questions about the gross story. the flipside is maybe that is a question for them. maybe they can take more risk. some might say that marissa mayer is trying a lot of stuff. could she be trying more stuff? does she have that opportunity? >> talk about the risks. she is wants to make a big push into digital content. >> i think it is hard to say. you are right. she has made high-profile hires. that is clearly a step toward trying to make all of this work. does having certain people, a few high-profile hires, is a small part of the story. you need to give people the tools they need to support staff, producers, all the stuff you need to create high content that she is going up against. it is a significant step. no doubt about it. >> jose, what do you think about the katie couric hire i yahoo!? >> what exactly is yahoo!? does it even matter? it is interesting that marissa has made big hires in the media space. they just hired a girl who is a phenomenal editor. ar

and dispelled fears that the visitors could suffer discrimination where my colleague ilya shot of baba spoke with our keys and a farmer in the ocd about what the president said. these days the nice expensive and the pastry five times the original price tag to dissipate the heat stress that i've lost my keys so she was the biggest building sites in the will of all the pennies had to be built from scratch in this huge infrastructure development incentives are bright and friday links he said because of the suit was expected that things would be a life of liked it but he said. whether either spend has not been justified action has been taken and people have actually lost a jolting paid in a rush into anything convincing them that he was in charge of the us ski jump to see the tv twenty six now oft times and the budget and he was five eleven dissipate in the sight of them is not in corruption among government officials about the evidence was presented by it would be investigated russia's know what gains to end a propaganda art in mind as the ride was a lot of calls to boycott the antics fro

have to company you think is sexy or good -- >> in china a lot of large companies like baidu and aly baba are extremely interesting. innovation, a lot of times they are ahead of the u.s. in terms of innovation. >> we are going to keep an eye on broader things. here is a look at what is coming up. one grocery is calling it the best ever. we have more figures after the break. , who is left for the top spot? ♪ >> i am man is cranny in london. -- manis. here is one stock on the move. u.k.'s third-he largest housebuilder. the average price at which they sold their houses up. finish to 2013. we have to eat. reported its best christmas ever. sales gaining over the last quarter. more analysis is our business correspondent, caroline hyde. they do it again. >> for the 36 time. it has been nine straight years, back-to-back quarterly gains. the market has been expecting a decline. they are really bucking a trend, but king estimates as well. some fascinating facts. 100,000 turkeys sold by sainsbury's over christmas. essex,re in at six -- in one million pounds taken in one day. taste the difference, th

they have a very valuable asset in ali baba. when you look at their online performance, you do not see a lot of change. when they last came out with their quarterly results, there was disappointment among analysts about performance. there was a decline. in the most recent quarter, 420 million. the story has been a similar struggle. the search relationship between yahoo and microsoft, they are still trying to figure out how well that works. the bottom-line is that google is the big search engine in that category. they continue to be dominant. yahoo is trying to figure out its story. the performance is not there. de castro is not there either. >> let's talk about the people she has added in the last year. who are today, and how does she fill this role? >> she likely feels ok with the team in place. maybe there is not a need to find someone else because of the people who been taking larger roles. ned brody, who came from aol. jack reese, who is playing a large part in the strategy. ken goldman, the senior player on the team. he has

but i do agree with the baba. -- obama. the regulations and taxes and starting with w..artisan they held this economy back a lot. i don't understand why he is up in arms with the tea party they changed the republican party for the better. some are weird. lou: just like the g.o.p. establishment are very enough? [laughter] , . [laughter] >> if deal they had a cape it would be perfect. lou: but that a fellow at home from the chamber of commerce represents part rary u.s. multinationals and is fairly indifferent to the vast small-business membership it is those who create most of the jobs will not be too enthusiastic about the chamber's spending $5million to knock out the two-party and those that have the temerity to rest donahue? good lord. can do show exercise? >> it goes back in time when the chamber opposed proposition 13 but they unanimously opposed. the chamber is not invincible always correct organization. anytime donahue was completely correct to go after the democrats for policies i think the two-party made the republican party a better place and i agree there are te

usually it is companies like amazon or alley, that have not -- ali baba that not had the same issues.o should run paypal if it is spun off? >> id structure this is sort of a secondary question. i think is critical for there to the structureknow of the proposal, but you need to have a business relationship between the two companies. the ceo of ebay has pointed out that there are a number of legitimate business synergies heard i think all of those can be captured to the right type of business arrangement. ebay would remain a major shareholder. >> we were talking about how there are no founders, no paypal founders involved in paypal anymore. do founders come back? >> they are saying that paypal is so value that is why they cannot spin it out. look at their board. there is not purse -- one person involved in the creation of it on the board. do the the company to best long-term other ones that keep their founders involved. especially when you have founders and leaders and business people of the quality .f elon musk why are not these -- why aren't these people on the board? >> we have seen

certainly, companies like amazon or aly baba have not the same types of growth problems. by separating them, you actually forced both companies to focus on their own issues. >> who should run paypal if it is spun off? >> to me, that is a secondary question. i don't know exactly the details of carl icahn's proposal, but one of the things you have to do is have a business relationship between the two companies. legitimate number of business synergies, but i think all of those things can be captured through the right type of business instrument. obviously, there would be major shareholder spin outs, so their incentives would be aligned. >> no hey pal founders are involved in paypal anymore. would they come back? board. at their there is not one person who was involved in the start of paypal on that board. we all know that the companies that do the best long-term are the ones that keep their founders involved, especially when you have founders and leaders and business people of the quality of elon musk. why aren't these people on the board? yahoo!, apple, ebay and paypal take

what about investment and chinese companies and the upcoming aly baba ipo and others ipo and others.by leslie picker and auditfox, who covers web confirmations. leslie, i will start with you. ibaba ipo is considered a big story but they were out of business for a few hours yesterday. >> that is a big spotlight on potentialooking at risks when this company goes public and whether or not they should. being out of commission should be impactful to this office. if you are a u.s. investor who is not used to these issues it may make you think twice. >> i also wonder, the same day as all of this there is news about the auditors and new changes as well as a judge saying that the chinese auditors cannot audit some of these companies now. >> they have been suspended for six months, this will certainly be appealed by those firms but today, what you have is a situation where the accounting firms don't have the ability in china to hand over their work to the fcc and this is going to be usaothe you see a kobe -- b? for those of us who are not accounting geeks. this is all about risks. china, this

the last 12 months and the fact that they have a prized position -- possession in their stake in ali babault these days when you're competing with the likes of google and facebook. that has shown up in their numbers, the operational performance, and this is the operations guy. this is somebody that marissa mayer did know from her time at google. >> do we know whether he went on his own, or was he pushed? >> well, we know this is somebody who got a lot of money. a big signing to come to yahoo! when you look at somebody who is getting paid versus his performance, and some of the people who have been trusted executives in the inner circle of marissa mayer, that is how these pieces seem to come into play, and to suggest that there is another coo coming into this job right away doesn't seem to be there, which would be an indication that marissa mayer is pleased with the team she's got. it doesn't make the job any easier, finding more advertising dollars, whether it is through the display ad business, or in the search business. we know they are partners with microsoft, but the latest numbers wo