barry diller is joining the board of livesafe.livesafe. i tried to explain it but maybe you could do a better job. >> we are a personal safety application that allows people to leverage something that most of us have in our phones, our smartphone, to keep themselves and they're communities safer. >> it happened after the virginia tech shooting. >> one of our co-founders was shoot three times in the virginia tech shootings and survived. she and her along with another founder that had been mugged decided there needed to be a technological way of dealing with shootings, sexual assault and bullying. >> this is like the modern day blue light system on campus? >> blue lights are like pay phones. you couldn't find a pay phone anywhere if you tried to. schools mostly have the blue light phones. could you also have something in your pocket that not only can you turn to in an emergency but as critically, you know, most of the time someone knew something in a shooting or someone knows something and doesn't report it. this gives you a way to

. >> barry diller has shown interest in the company. >> he was one of the early backers.e the story very interesting. diller has strong ties to traditional television from his days at fox. he has made a part of his fortune on the evolution of the internet. he has been fascinated by the potential that comes with streaming television. he is an investor in the business. it does add to this tension between the traditional world traditional broadcasting and this new technology that is out there. >> it is eight dollars a month foraereo. will they win -- raise the cost if they win the supreme court case? >> they have a package that is very netflix like. month package2 a were you can be recording a live program will you watch live program. there is a lot of stores the comes with using the service. you can hold onto a bunch of shows for a longer. of time. if you're paying $12 a month, you can store more. in the neighborhood of 26% of the current subscribers, they are paying that $12 a month package even though they don't market it. that was a good piece of evidence to them that pe

i think what barry diller is doing -- we know that he is a disruptor.oying this whole process. he is disrupting the traditional over the air broadcast business by employing what they call a loophole in copyright law. they say it does not even exist. he is saying there is no different from hanging those ears than the simple dish that he is housing in brooklyn. >> back to you, would you say that with aereo is doing is kind of like how we use to watch television in the early 1970's and before that? with an antenna? is doing iso devising a complicated system to deliver broadcast -- broadcast television to its subscribers. it is not at all like putting a set of rabbit ears on a tv set to receive over the air broadcast. what is important here is that the system that exists under copyright law is technology neutral. it is supposed to advance the development of new technologies and advance the development of new create work. aereo is really doing opposite. it is taking us backwards. instead of investing in new technologies that are disrupted, because they're cr

- >> that is backed by barry diller, effectively taking over the air broadcast channels -- >> are they >> i don't think so. it will go before the supreme court. they will hear arguments in april am probably get a ruling in june or july. we will see who wins. it is very important for the broadcasters. >> paul sweeney with us for the entire hour. we will give you more as we look at the malaysian airplane disaster. our twitter question of the day -- what are authorities doing wrong in the search of the missing malaysia airplane? from new york city. st. patrick's day. paul sweeney, tom keene. it is a st. patrick's "bloomberg surveillance." ♪ >> good morning, everyone. "bloomberg surveillance." radio,rning on bloomberg worldwide on bloomberg radio plus and tv as well. our twitter question of the day, what are authorities doing wrong in the search for the missing malaysia plane? i don't want snarky. i want serious responses. what are the authorities doing wrong in the search for the missing malaysia plane? our twitter question after the most dismaying weekend. as well.eillance scarlet fu is

mention is that tinder was born inside a giant company, iac interactive, owned by billionaire barry dillerworry that this is shallow? >> not at all. it's no different than sort of eyeing somebody across the room. but you have more information at your fingertips with tinder than you do in the real world. >> reporter: o'lympians in sochi used tinder to meet each other. two scientists connected in antarctica and became friends. and there's now a website devoted to bad tinder pick-up lines, such as if you were a fruit, you'd be a fine apple. did you have a good pick-up like? >> i said, what can brown do for you? >> reporter: a little u.p.s. line, huh? pretty good. props for that. so this is where you really started talking about tinder. >> yeah well we both went to school here. >> reporter: sean and justin both went to usc. they launched tinder by spreading the word at parties. >> a lot of people join because they think it's fun. i think they get this life-altering value. >> reporter: do you think that's a bit grandiose? >> i don't think it is. it's people that impact their lives. by introduci

its backers include barry diller and investor gordon crawford. >>> we take a look at how the situatione is hitting currencies. energy markets up sharply, today, at least at this point they've given back some. you're talking about wti at 103.52 a barrel. joining us now is boris schlossberg. the ruble got hammered yesterday. the moscow stock market last about $60 billion in market capitalization. how would you measure the losses to the ruble? >> i think it's hard to measure them precisely. i think the key takeaway is that russia got punished economically rather than politically. maybe that was the key message from yesterday and the key message going forward. my whole thought about all this going on is maybe putin has won the battle right now but he may have lost the war in a sense that russia now is probably going to be viewed as a not trusted agent in the capital markets. i was talking to somebody from lithuania today -- >> when were they a trusted agent. >> they were not a trusted agent in full force but now less so. who would think hard about investing in russia now when you have a la