. >> also speaking to the nation's governors was steve ballmer, former microsoft ceo.he talked about his new data project which provides -- this is 25 minutes. governor, i am thrilled and excited to introduce and hear from our next speaker. steve ballmer is best known for his incredibly successful career as at the leader of microsoft serving for 14 years as the company's chief executive officer. was steve started at microsoft, they had just 30 employees and a few hundred thousand dollars in profit. when he left theom

>> also speaking to the nation's governors was steve ballmer, former microsoft ceo. he talked about his new data project which provides information on government revenues and spending. this is 25 minutes. >> i am thrilled and excited to introduce and hear from our next speaker. steve ballmer is best known for his incredibly successful career as the leader of microsoft, serving for 14 years as the company's chief executive officer. when steve started at microsoft, they had just 30 employees and a few hundred thousand dollars in profit. when he left the company, they employed more than 100,000 people around the globe, and were making $28 billion in profit and had created products that changed the world. he is a true american success story. us in addition to both of spending time in the private sector, steve and i have a few other things in common. we both started our careers at procter & gamble. we are both big sports fans, although his antics are more famous. that is just the exposure you get when you're the owner of the los angeles clippers. many of you know i am an

[applause] steve ballmer: thanks to the governor. she understated the amount that we have in common. yes, i started my career at procter & gamble but i am also almost a native of toledo, ohio and i grew up in north toledo, called detroit, michigan for some. and, i, too, am an ice cream guy. the governor may have started cold stone creamery but i am a good customer and i love ice cream. i am also a numbers guy. i would say when i retired from microsoft three years ago, one of the sources, what will i say, of energy that i missed was the numbers aspect. , myshortly after i retired wife, who has been running our philanthropic activities for years, very focused in on child welfare issues and now more broadly we are focused in on opportunities for children born in the u.s. who may not have any other shot at the american dream. it is a real issue. after i retired, i couldn't get too focused on that. she said, come on, let's get your brain and engaged on some of the issues of children. i said, come on, the governor really does this. support

i wish played with ballmer snap or twitter. really >> yeah. have, you had an interview a few weeks ago, there's a very good chance snap is a engel digit stock i don't know if you recall that or not >> i bought a little snap at 15.5 now. to me, there's a lot of bad news in the stock we've seen this a lot where stocks trade poorly into the lock up. the to me, it's a sentiment thing. it's really bad. numbers need to be adjusted big time you probably buy a week before earnings because the company has been doing a good job. >> are you in the single digit camp sfwl i am. i think it's slower. >> twitter, rather be short snap chat over twitter. i think it's going to go a lot lower. >> you would like to be short both, but rather snap. >> fun move on here apparently, amazon is flexing its muscle in more ways than one. check out this image of jeff bezos at the sun valley conference looking well like vin diesel maybe for comparison purposes, this is a picture of him three years ago at the same gathering to the left. draw your own conclusions. now, bezos m

ballmer discusses government spending. and the governors here about disaster preparedness. was the closing speaker at the national governors association summer meeting in providence, rhode island. oftalked about the impact emerging technologies on energy and transportation. this is one hour. [applause] >> good afternoon. welcome, elon. i'm one to take off my tie. then we will both be more comfortable. thank you for having me. appreciate you being here today. >> it is difficult to know where to start. let's start with what drives you? morning,wake up in the do you see a problem and you want to solve it? the thing that drives me is that i want to be able to think about the future and, feel good about that. we are doing what we can to have the future be as good as possible. to be inspired by what is likely to happen. next day.rward to the what really drives me, trying to figure out how to make sure things are great and are going to be so. principlee underlying behind tesla and spacex. that, i think it is important we accelerate the transition to sustainable generation and cons

[applause] steve ballmer: thanks to the governor. she understated the amount that we have in common. yes, i started my career at procter & gamble but i am also almost a native of toledo, ohio and i grew up in north toledo, called detroit, michigan for some. and, i, too, am an ice cream guy. the governor may have started cold stone creamery but i am a good customer and i love ice cream. i am also a numbers guy. i would say when i retired from microsoft three years ago, one of the sources, what will i say, of energy that i missed was the numbers aspect. , myshortly after i retired wife, who has been running our philanthropic activities for years, very focused in on child welfare issues and now more broadly we are focused in on opportunities for children born in the u.s. who may not have any other shot at the american dream. it is a real issue. after i retired, i couldn't get too focused on that. she said, come on, let's get your brain and engaged on some of the issues of children. i said, come on, the governor really does this. support

clippers steve ballmer joins us for a special interview. talk about his latest venture called usa facts, plus get his thoughts on the president's economic policies and what they could mean for business any of them ever become law. >>> and governors meeting to discuss the nation's trade and jobs policies. governor chris sununu of new hampshire will be our special guest as the second hour of "squawk box" begins right now. ♪ >>> live from the beating heart of business, new york city, this is "squawk box." >>> good morning, welcome back to "squawk box" here on cnbc we're live at the nasdaq marketsite in times square i'm melissa lee along with joe kernen and kelly evans let's take a look at how futures are shaping up at this hour. we look to be adding across the board here keep in mind the nasdaq, this would be the longest winning streak since at least may. looking at about one point at the open, the dow looking higher by 14 and the s&p 500 looking higher by just a fraction and of course jpmorgan going to have an impact on the moves today. >> lo

else is going to say, i've got to own it that excitement amongst some extremely wealthy individual ballmer paid $2.2 million for the clippers the knicks have a better market, better brand, franchise. nobody would ask me about the clippers you asked me about the knicks. that's because you're in new york. >> well, and i know you're a knicks guy. >> yes >> but, scott, just for the record, i own msg and we've talked about it, right it currently sells at an enterprise value of 2 3w$2 billn that's what the knicks are worth. on top of that you get the knicks, garden. >> and you get the air rights out of hudson yards one of the hottest places in the country along with some other places like reno and -- >> as far as worth though, these aren't even economic deals the ballmer deal isn't what's the multiple his son said the knicks are for sale, not many nba franchises. he said, i want it, i'll buy it. that's how these get sold. >> josh, you said the same thing when this guy up in boston that bought the football team there, hard to mention the name of this team, but -- and he paid $178 million. today i

talk about computer coding and the importance of computer science in school with co, and stevecode ballmernd elon musk. watch the national governors association live on the c-span networks, www.c-span.org, and listen live on the free c-span radio app. >> "washington journal" continues. host: joining us from boston is the reporter for the christian science monitor. he is here to discuss his article about midwest cities that are trying to a just to a more high-tech future as part of our spotlight in magazine series. thank you for joining us today. guest: it is a pleasure to be here. host: we have heard the phrase " rustbelt" to represent these industrial towns across the midwest. why are they now being called the brain belt? guest: the rust belt dates back to around the early 1980's. the rust belt has been hanging over some of these towns or cities for a while now. the idea of having to reinvent themselves is a long time coming. i think what we are hearing now is if you things. sense that the united states is still a major manufacturer, but it will not be making the same things going forward

steve ballmer is best known for his incredibly successful career as at the leader of microsoft serving for 14 years as the company's chief executive ofce

the importance of computer science in schools with girls who code ceo, former microsoft ceo steve ballmer, and tesla ceo elon musk who will speak at the governors closing session. watch the national governors association summer meeting live on the c-span networks, c-span.org and listen live on the free c-span radio app. >>> sunday on "q & a". >> in a country with absolute monarchy, speaking up about the distribution of wealth, about the corruption could get you in jail, could get you arrested, could get you in so much trouble. >> saudi arabian womens rights activist manal al-sharif talks about her time in prison in her book "daring to drive," a saudi woman's awakening. >> never see a woman driving in the street in a huge country the size of three texas, you can put three texas inside saudi arabia. and women can't drive. we want to change this by this movement. and the movement is going on, it never stopped. we're still campaigning for the right to drive. >> for us the right to drive is more act of civil obedience because women are not supposed to drive. we show that we are able, we are ca

hideaway not get into the ballmer trap? -- how do why not get into the ballmer trap> ? this stock. nobody made any money for a decade. we see that in a lot of stock that has those big blowup tops and the big declines and then .ory -- purgatory tactically, can it come in here? absolutely, but we want to be a buyer weakness. duck.ell in august and this is a great chart from verro ne. chris: it is always about august and september. the takeaway is when you are in an uptrend, seasonal weakness tends to be far less pronounced in september and august. the s&p.5 is good on if we get pulled back, we want to be a buyer even with seasonal backdrop. tom: you will see that on media coming up from bloomberg. francine: chris, look, you say don't fight the trend. what if the trend was only supported by a central bank or partly supported? 80% supported by central bank action, that trend percent -- at some point will be pulled away. chris: when we got about stocks, you are discounting the future and when we look at the central bank, which has been raising ands are almost 18 months the t

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liz: former microsoft ceo steve ballmer saying -- so eric, is he right?hat if it passes, and i think it's unlikely that this will ever be enforced, but if it were, let's say the supreme court overrules and there's some change. why would a business owner that goes to seattle or goes washington because he doesn't or she doesn't want to pay any tax, and suddenly hit by a small group of people. this council and this mayor who think they are god in essence and are going to tax things irrespective of the law, irrespective of the law, that's where politicians need to be held personally responsible. they would not be doing this if they knew they were personally responsible. the money they expect to get is going to go social programs, but what's going to happen is they're going to actually lose money to defend all the lawsuits and then we're going to find out the supreme court is going to overrule it, they're going to be net in terms of dollars, so money that could have gone into programs to help people, they will have evaporated. this is a political grandstanding

the importance of computer science in school with girls who code ceo, former microsoft ceo steve ballmerand tesla ceo elon musk who will speak at the governor's closing session. watch the national governors association summer meeting live on the c-span network. c-span.org and listen live on the seat-- free c-span radio app this morning a look at a new report by medicare trustees on how long that hospital insurance program is expected to last live at 915 eastern on c-span3 and streaming on our free c-span radio app. later today live coverage of a discussion about renewing section 702 of the foreign intelligence surveillance act allowing access of non-us resident communication outside country. join us live that new and eastern on c-span3, streaming live online at c-span.org or the free c-span radio app. >> sunday on q and. >> speaking about the distribution of wealth, corruption can get you arrested and in so much trouble. >> saudi arabian women rights activists talks about her time in prison after challenging the saudi government ban on women drivers in her book "daring to drive, a saudi

>> this is not steve ballmer's microsoft anymore.his is a total change in a deck add ago when people used to bat them around as a has been. i'd be feeling about g. about the strategy it's trite a trance formation to show that momentum in the cloud. i think to your other question, absolutely i think this is a new rear in terms of cloud computing reaching the mainstream. about five years ago when we started talking about cloud, it had sort of less the sub1% adoption in the enterprise now most server resources are either moved to the cloud or in the process of evaluating that transition and the desktop computing stuff that we do, the stuff that microsoft makes money on that, is cloud based as well that is a lot of the momentum were those two segments, the server and office division they're migrating and that is propelling earnings growth >> gene, you know this whole trend, it's very clear it seems to have a lot of runway to it. the market is willing to place higher valuation onz this kind of revenue who are the net losers here? i don't

the importance of computer science in schools with girls who code ceo, former microsoft ceo steve ballmer and tesla ceo elon musk, who will speak at the governors' closing session. watch the national governors association summer meeting live on the c-span networks, c-span.org and listen live on the free c-span radio app. >>> this weekend on american history tv on c-span3 -- state university professor discusses union general george mcclullen's failed attempt. >> haven't done a lot of research about what this peninsula looks like and what marching along this peninsula would be like. but he's so dead set on making sure that he doesn't concede anything to lincoln that he basically puts his army on the virginia peninsula in the spring of '62, it's going to turn out to be perhaps the worst possible place to launch his campaign. >> sunday at 6:30 p.m. on the 325th anniversary of the salem witch trials, historian margo burns talks about "records of the salem witch hunt". >> that is one reason why we know so much about salem village, why we know so much about the pleas of innocence because samuel

steve ballmer, thank you very much. that does it for us this morning. stephanie rule picks up the coverage right now. >> thanks so much, michael. good morning. i'm stephanie rool with a lot to cover starting with an nbc news exclusive. someone else was in that don junior meeting, a man suspected of having ties to russian counterintelligence was in the room and we've got the breaking details as the president stands by his eldest son. >> i think from a practical standpoint most people would have taken that meeting. >> and his son-in-law, jared kushner, under serious fire. new calls for the president's son-in-law to lose his security clearance. >> jared kushner should be fired or he should resign. >> plus, no margin for error. the new republican health care plan officially out with numerous senators still on the fence and they cannot afford to lose one more. >> this bill doesn't repeal obamacare. >> i'm very disappointed because i've been very vocal about my concerns. >> all right. you know what we are going to start with, that nbc news exclusive, a former

want to get more into hardware, were they software they were really just moving around with steve ballmer. finally, satya nadella steps in there, and since that time, annually, revenues have been going up at about a 3% clip. when you look at this last quarter, not only did they have a great quarter in terms of research, but you look at margins as well. so they're moving in the right direction. they're focused on exactly where he came from, the cloud. that's where they're getting that growth. you look at azure, it's stunning to see how well they are skp executing there. and that's part of the story there. i think when you look at mcdonald's, i think jimmy knows this story better than anybody, but the raeality is, that's a ceo, easterbrook, has taken over that company and figured out, we've got to be better for the customer we can no longer ride on this mcdonald's wagon they've been on for so many years. that i have sta they've started to care more about the customer and changed the way they're doing all kinds of aspects, including breakfast. people wanted breakfast for a long time. but it'

steve ballmer, thank you very much. that does it for us this morning. >> thanks so much, michael. good morning. i'm stephanie rool with a lot to cover starting with an nbc news exclusive. someone else was in that don junior meeting, a man suspected of having ties to russian counterintelligence was in the room and we've got the breaking details as the president stands by his eldest son. >> i t

with girls who code ceo, steve ballmer, and elon musk, who will speak at the governor's closing session. watch the national governors association summer meeting, live on the c-span networks, www.c-span.org, and listen live on the free c-span radio app . trustees for medicare say the fund that finances hospital and insurance coverage will be depleted by 2029, one year later than projected in last year's report. we get an update friday morning, live from the american enterprise institute at 9:15 eastern time on c-span 3. and a discussion about whether congress should renew portions of the foreign intelligence surveillance act. section 700 t2 allows intelligence officials to access information for those living outside the u.s. live coverage begins at noon eastern. watch both events online at www.c-span.org, or listen live at the free c-span radio app. >> this weekend on book tv on c-span 2, saturday at 7:00 p.m. eastern, former chess champion talks about his book "deep thinking: on the future of artificial intelligence and its impacts on society." centuries have been taking over all forms

the importance of computer science in schools with girls who code ceo, former microsoft ceo steve ballmer and tesla's ceo, elon musk, who will speak at the governors' closing session. watch the national governors association summer meeting, live on the c-span networks, c-span.org, and listen live on the free c-span radio app. >>> with the help of our comcast partners, this weekend, the c-span cities tour takes book tv and american history tv to concorde, massachusetts, where the first shots of the american revolution are fired. and then less than a century later, a writer's revolution takes place as the town becomes home to ralph waldo emerson, henry david theiro and louisa may alcott. saturday, we'll take you inside orchard house, where louisa may alcott lived and wrote the groundbreaking work "little women." then explore walden pond to see the place that influenced henry david theroux and the foundation of the transcendental movement. >> it's the home of two revelations. it stood and watched the beginning of the american revolution through the windows on the hill and the second revoluti

the importance of computer science in schools with girls who code ceo former microsoft ceo steve ballmer and tesla ceoelon musk who will speak at the governor's closing session. watch the national governor's association closing meeting live on the c-span networks and listen live on the free c-span radio app. >> with the help of comcast partners, the cities tour takes booktv and american history tv to con cord, massachusetts, where the first shots of the american revolution are fired. and then less than a century later, the town becomes home to ralph emerson and louisa mayal cot. saturday, noon eastern on book tv, inside orchard house where louisa may alcott wrote little women and walden pond to see the place that influenced henry david thor roe and where emerson wrote nature which set the foundation -- >> really a house of two revolutions. the beginning of the american revolution through its windows down the hill. later the second american revolution of intellectualism and thought, it's really a house that has such great history to it. >> on sunday at 2:00 p.m. eastern on american histor

the importance of computer science at school with girls who code ceo, former microsoft ceo steve ballmer and tesla ceo elon must will speak the governor's closing session. watch the national governors association summer meeting live on the c-span network, c-span.org and listen live on the free c-span radio . >> you're watching book tv on c-span2 with nonfiction books and authors every weekend. book tv: television for serious readers. >> this weekend on c-span2 we got 48 hours of nonfiction authors and books. here's a few of the programs you will see. on our after words program, naomi klein discusses politics and the election of president trump. he's in conversation with lydia benjamin, cofounder of code being. also this weekend, wall street journal columnist jason riley argues that political capital for african americans has left them at a disadvantage in terms of a board economic mobility. former world champion garry kasparov examines the future of artificial intelligence. >>

they are taking a five-minute break right now waiting for the next speaker, who is steve ballmer, former ceo of microsoft . later this afternoon, tesla and spacex ceo elon musk will be speaking. that also will be live here on c-span. and a reminder, you can watch laterf today's sessions tonight on c-span starting at 8:00. >> we are at national governors association waiting for the next panel to start. let's hear from other speaker. girls who code cofounder. >> there is no wi-fi in the homes, little to no wi-fi in the schools, the county has been decimated by the heroin epidemic. about 40 girls twice a week meet in a local library to learn how to code to get their shot at the middle class. automation has transformed everything about the way we live and work. jobs are not going to be done by machines and humans, but robots and computers. if we were honest, this has created a lot of pain for americans, but it is always created an opportunity. there are 500,000 jobs open in computing and technology. these are jobs that are great, they pay a great wage, $120,000 if you are a software program.

ballmer discusses government spending. and the governors here about disaster preparedness. was the closing speaker at the national governors association summer meeting in providence, rhode island. oftalked about the impact emerging technologies on energy and transportation. this is one hour.

governors talk about computer coding and the importance of computer science in school with steve ballmer and tesla ceo elon musk. wash the summer meeting live on the c-span2 network and listen ton at the free c-span radio app. >> the medicare board of trustees has issued a report saying the federal healthcare program will remain solvent through 2029. we'll hear more about that and some of the reports other findings and ways to improve medicare's lock-term fiscal condition. this is just under two hours. >> hi, everybody. welcome to everyone here and everyone on c-span to the american enterprise institute. we're having a discussion today about the medicare trustees report, the report was issued late yesterday afternoon, and is an annual report that gives some indication of not only the current fiscal status of the medicare program but also the long-term outlook. i'm joe