well, with the growth of -- with e-commerce online, you know, main street retailers are saying, hey, you know, why are we still required to do this when online retailers like amazon don't have to? there's been legislation that would essentially close that loophole. i expect, like i said, another hearing or two. i don't know if that issue will actually move this year. >> host: paul kirby? >> guest: the sec's going to be asked where wireless should be allow to buy spectrum from four cable companies and why that spectrum wasn't build out. it wouldn't effect competition in terms of those companies would now not be offering those services and verizon would, there are some marketing agreements, signed marketing agreements that would allow the companies to basically market each other's service, and that has gotten some concern from the public interest groups. doj's looking at that. they will look at the transaction as well as the fcc. the applications for the verizon deal with three companies is part of what's called spectrum code has been filed and verizon and cox communications will file a

with the growth of the e commerce online, you know, mean street retailers are saying why are we still required to do this when the of retailers like amazon don't have to? so there is no legislation introduced that would close that loophole. i expect some more in another hearing or two. i don't know if that will move this year. >> paul kirby? >> the fcc is going to be asked whether verizon wireless should by spectrum from the ford cable companies, and why that spectrum wasn't built out so it's not a matter of the set competition in terms of those companies now not offering those services and verizon would. there are some marketing agreements that would allow the companies to offer each other services to market services and that has gotten concern from the public interest groups. they are looking at that. the doj will get the transaction as well as the sec. the implications for the verizon companies is part of what has been filed and then for a rise in communications will file application. so that's going to get some attention. we don't have the deals of all deals such as t-mobile and a

i mean, they have such a huge chair within e-commerce. >> can anyone -- you know, is there, hey, let's get together and we'll sell these online and it's great and then you discover amazon sells them for half the price, and free shipping. can anyone get into e-commerce anymore? >> people say all the time, if you look at how well e-commerce is doing, there has to be so much money made from an investment perspective. >> yeah, if you're amazon. >> that's exactly the point. i think there is a lot of money to be made in e-commerce but it's tricky because there are a few players, am sdmron one, taking huge market share and making it difficult to compete head-on. i would not want to be an e-commerce or brick and mortar online selling competitive products amazon sells. we say best buy is this incredible show room for amazon. it's 100% the truth. i look at our businesses today. we own a $700 million online license sports business that runs nfl shop and north bay store and major league baseball's e-commerce store and 75 individual universities. that's niche product amazon is not good at. that's a great way to exploit a big opportunity.

i'm all in favor of online commerce but there's no reason in the world that the ebay and apples of the world shouldn't have to compete on an even playing field. >> is this something gates should do or should it be a fed raleigh-durhamly mandated -- >> it should be a federal law. i hope congress will act quickly to say online retailers should have to pay the same taxes as everybody else. online retail is great thing but everybody in america out to play by the same rules. >> you're in such a unique position. you're on both sides of the coin. ebay as a kontroler. two years ago your answer might have been different or let me ask you. two years ago would your answer have been the same? >> no. i stood up and said the same thing. i took arrows in my back from a lot of my friends in silicon valley. the fact is in america everybody ought to play by the same rules and there's no rules that retailers on wall street should -- >> i think it's going to catch on. i think it's going to catch on. >> i've got to tell you. we started ebay. people said how big can this business be? $50 million on? it's no

look i think when it comes to online commerce this spells the end of the american dream it's really important that we have freedom and the ability for kids in college dorms and working in garages across the country to have access to capital and to be able to change the world from a college dorm room this could threaten that and that's why we in addition to three hundred forty of our members have decided to join the blackout solidarity movement against these bills small innovators are saying look out pay attention to these bills because they do threaten to kill the internet you're highlighting the dangers the websites full of people cross referencing and linking to other people's pages will those people fall outside the law if they even adverse in the link to something which might be used without permission is that a big worry is well look i think links are the lifeblood of the internet and when it comes to websites being able to employ people that's essential they shouldn't have to be worried about if they inadvertently link to something that they had nothing to do with when it came to violat

content is not paid for and want to force federal lawmakers to make it easier to come down on online commerceress came up with house bill 3261 also known as the stock online piracy act. also note as sopa. this bill gives extreme power to regulators that seriously concerns the opponents. if the bill passes it could mean jail time for watching and authorize dream content which makes it easier to obtain court orders against websites accused of copyright infringement. it will allow payment processing for alleged rope web site to be cut off. those are the easy things to explain the major concern is in the small print, the details. lawyers on the side against the bill have come and said that this violates the first amendment. it allows for internet censorship--crippled the internet and threaten whistleblowing and other free-speech actions. this was introduced by the texas republican congressman lamar smith. the obama administration is against the stock online piracy act and they are not supporting it. many are against this bill including some popular web sites that intend to go dark in protest. >>j

well, with e-commerce online, you know, main street retailers are saying, hey, you know, why are we still required to do this when online retailers like amazon don't have to? so there's legislation introduced that would essentially close that loophole. i expect maybe similar -- like i said, another hearing or two. i don't know if that is one of the issues this year. >> paul kirby? >> the f.c.c. is going to be asked whether verizon wireless should be allowed to buy spectrum from four cable temperatures. -- companies. and why spectrum wasn't built out so it's not a matter of it wouldn't affect competition in terms of those companies will not be offering services and verizon would. there's marketing agreements that would allow the companies to offer each other's services, marketed the services, and that has gotten concern. d.o.j. will look at the transaction as well as the it's it is. the applications for the verizon deal with three companies as part of what's been filed, and verizon and cox applications will file applications. so that's going to get some attention. we don't have the megadea

in 2008, she made the risky decision to leave the online auction world and start her own commerce websiteopnastygal.com. she is racing to keep up with demand now. >> the business is growing at a pretty alarming rate. it's actually growing faster than we can control. it's pretty insane. ♪pittsburgh, pennsylvania, company, simple sugars, is also grappling with the challenges of a fast-growing business p five years into starting her all natural sugar company she has juggled her homework, crew practice and running her business during her summer and after school. >> it is really hard to balance everything. pit get up at 6:00 in the morning, go to school, i generally don't get home until 7:30 at night and i still have homework and simple sugar work to do. >> with products already in her local whole foods and a thriving business on online, the time has come for her to relocate simple sugars out of her parents' basement. her next move is renting office space and hiring employees. big steps for a teenager running a business in her spare time. >> it is starting to be too much volume for me to handl

in 2008 she made the risky decision to leave the online auction world and start her own e-commerce websitestygal.com. now nasty gal sells trendy new clothing alongside the vintage duds and she's racing to keep up with demand. >> the business is growing, you know, at a pretty alarming rate. it's actually growing faster than we can control. it's pretty insane. >> laney lazari's pittsburgh, pennsylvania company simple sugars is grappling with the challenges of a fast-growing business. five years into starting her all-natural sugar scrub company she juggles homework, business, summers off and after school. >> it's hard to balance everything. i get up at 6:00 in the morning, go to school, i don't get home until 7:30 at night, have homework and simple sugars work to do. >> with products in her local whole foods and a thriving business online the time has come to relocate simple sugars out of her parents' basement. her next move is renting office space and hiring employees. big steps for a teenager running a business in her spare time. >> it's starting to be too much volume for me to handle by my

in 2008 she made the risky decision to leave the online auction world and start her own e-commerce websitestygal.com. now nasty gal sells trendy new clothing alongside the vintage duds and she's racing to keep up with demand. >> the business is growing, you know, at a pretty alarming rate. it's actually growing faster than we can control. it's pretty insane. >> laney lazari's pittsburgh, pennsylvania company simple sugars is grappling with the challenges of a fast-growing business. five years into starting her all-natural sugar scrub company she juggles homework, business, summers off and after school. >> it's hard to balance everything. i get up at 6:00 in the morning, go to school, i don't get home until 7:30 at night, have homework and simple sugars work to do. >> with products in her local whole foods and a thriving business online the time has come to relocate simple sugars out of her parents' basement. her next move is renting office space and hiring employees. big steps for a teenager running a business in her spare time. >> it's starting to be too much volume for me to handle by my

online. secondly, is wave 2 e-commerce. these companies have mediated that facebook is the underlying sub strait to have been able to do nothing else. lastly, personnel we're at the very beginning of our understanding of what it means to be human. and i think that personal je gnomics is going to be the center piece to all personalized medicine and we're just at thein fancy. those are three areas that interest me. >> let's talk a little about facebook and the possibility, patri patrick, it's going to do it's ipo as reported. would you ever have imagined that company would have a valuation something in the area of $100 billion? and do you think it's worth it? >> well, you know, when you think about what facebook is, it's not only a fantastic transformation technology company, it's a fantastic transformational human experience. the fact we can interact with each other and keep in touch with so many more people than we have ever been able to and interact with brands, i think in my opinion it's well-worth it. and just to think t

somewhere between those two things so we know that the e-commerce space or eat tailing did very well people ordered an unusual number of things online and bought them online for the gift season here in november and december and we also know from today's jobs report that about fifty thousand are one of every four new jobs created was created in warehousing and transportation is almost certain that some of that will come down we also know that most of the jobs we saw hundred sixty eight thousand of the two hundred thousand jobs that we learned were created over the month of december two thousand and eleven were in the service sector that's about eighty two percent services that does tend to be a little bit more volatile that being said these are better numbers and we've seen that they're part of a strange thing trend which is guardedly good news although i think the verdict is still not in and it does look like we have had a pattern now for three years where the first few data points in the new year so the december january are often pretty good and then the economy has some trouble going forward and there are some reasons to believe t

online. >> greg: poorly written bill. >> eric: yep. u.s. chamber of commerce is with the bill as well. day this morning, we woke up to find out one of our best skiers, u.s. olympic skier sarah burke passed away after a bad fall. she was in the hospital for a while. say goodbye to her. fantastic skier. i don't want to end the weekend on a bad note. look forward to the voting on saturday and a big football sunday. watch the giants win. i think -- >> bob: i bet you on this. i take the baltimore ravens. give me seven points. >> eric: give you seven points. it take patriot act. >> bob: one last thing for me. president obama was in new york city last night, where we are. he went to harlem. he sang. take a listen. [ applause ] >> ♪ i'm so in love with you [ applause ] those guys didn't think i would do it! >> bob: i think that was very good. >> dana: i was impressed. he also went to the most expensive restaurant in new york city last night. someone e

some companies have increased online revenue up to 50% with help from smarter commerce. i'm an ibmer. let's build a smarter planet. this was the gulf's best tourism season in years. all because so many people wanted to visit us... in louisiana. they came to see us in florida... nice try, they came to hang out with us in alabama... once folks heard mississippi had the welcome sign out, they couldn't wait to get here. this year was great but next year's gonna be even better. and anyone who knows the gulf knows that winter is primetime fun time. the sun's out and the water's beautiful. you can go deep sea fishing for amberjack, grouper and mackerel. our golf courses are open. our bed and breakfast have special rates. and migrating waterfowl from all over make this a bird watcher's paradise. so if you missed it earlier this year, come on down. if you've already been here come on back... to mississippi... florida... louisiana... alabama. the gulf's america's get-a-way spot no matter where you go. so come on down and help make 2012 an even better year for tourism on the gulf.

online retailer. the major security breach affect tens of millions of commerce and the information hackers may now have. >> okay, people, let's get started. pete, did you forget yours? me pete, me use pen! (laughter) sorry i'm late, i was in the 16th century looking for pete's pen. (laughter) guys, guys. take it easy, ok? pete's mom is videochatting me, and she wants her pen back! ok, alright, well. i just got one. so... yeah, you've got a little... yep, i can feel the wet patch. don't look at it. when it's on your mind, it's on ebay. . >>> zappoa.com said its been hacked reset the passwords of 24 million customers. they posted a release saying hackers got customer's names, addresses, phone numbers and the last four digits of their credit cards. they said its cooperating trying to find the hacker. they say it's the largest cyber shoe store and is own bid amazon. >> new, a high end store wants to go home again but it's success may prevent it. all this is happening in sonoma where a city council map is trying to stop chain stores just as williamson man is trying to return to its roots. we have live in so

online retailer. the major security breach affect tens of millions of commerce and the information hackers may now have. . >>> zappoa.com said its been hacked reset the passwords of 24 million customers. they posted a release saying hackers got customer's names, addresses, phone numbers and the last four digits of their credit cards. they said its cooperating trying to find the hacker. they say it's the largest cyber shoe store and is own bid amazon. >> new, a high end store wants to go home again but it's success may prevent it. all this is happening in sonoma where a city council map is trying to stop chain stores just as williamson man is trying to return to its roots. we have live in sonoma where we found a city divided. >> reporter: this shop is the first home of williamson man when it first opened. this picture over here shows what it looked like then. now the company wants to set up shop here again but it's not a sure thing. have are more than 2350 stores nationwide selling upscale items for the kitchen. the founder named the company in part after the town where he opened his first store . it la

some companies have increased online revenue up to 50% with help from smarter commerce.mer. let's build a smarter planet. when bp made a commitment to the gulf, we knew it would take time, but we were determined to see it through. today, while our work continues, i want to update you on the progress: bp has set aside 20 billion dollars to fund economic and environmental recovery. we're paying for all spill- related clean-up costs. and we've established a 500 million dollar fund so independent scientists can study the gulf's wildlife and environment for ten years. thousands of environmental samples from across the gulf have been analyzed by independent labs under the direction of the us coast guard. i'm glad to report all beaches and waters are open for everyone to enjoy. and the economy is showing progress with many areas on the gulf coast having their best tourism seasons in years. i was born here, i'm still here and so is bp. we're committed to the gulf for everyone who loves it, and everyone who calls it home. >>> and we are back on this special edition of "meet the p

if the council decides to move forward with the plan, online gambling could be up and running sometime this spring. >>> d.c.'s chamber of commerceing in on the occupy d. d.c. encampment. the d.c. chamber of commerce says protests are hurting local businesses downtown. health officials say the area has become infested with rats and is now a public health concern. the d.c. mayor said this week he would like to see tents removed to freedom plaza so the mcpherson square can be cleaned. the national park service will soon enforce a ban on camping at mcpherson. >>> "the today show" is coming up next at 7:00. let's check in with ann curry to see what they're working on today. good morning. >> nice to see you. coming up on a thursday morning on "today," mitt romney, newt gingrich and president obama facing tense confrontations on the campaign trail as nancy pelosi backs down on her claim that she knows something that could end gingrich's run. >> and what was behind demi moore's hospitalization. >>> and another girl has come down with strange symptoms at the same school where 12 other students have developed turrets-like symptoms. we'll

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commerce? host: what is the definition of online piracy? guest: piracy is not really defined in the u.s.ode. rihanna talking about copyright infringement or counterfeit goods. -- we are talking about copyright infringement. it is subject to a fair use and free speech. we allow consumers to use content without authorization for things like parody and news clips and personal use. so it is not an easy area to come up with a clear definition of what is and what is not illegal. there are things that go beyond the pale. we have to figure out how to get those web sites without imposing an overa broad approach. host: a republican, dean. morning. caller: i am very concerned about the piracy bill. there's a difference between news clips and copyright. host: 1 about people -- we got a lot of phone calls last wednesday about people who ahve blogs and to do social media. they're concerned sopa and pit bull will impact on. advocates say it will have no impact on what you do. guest: constitutional experts argued and submitted letters to congress that the proposed legislation would violate the first ame

online. maybe you pay for it. maybe you do not. but the consumers are now using the internet increasingly in almost every retail transaction they have. and they do not view it as e- commerce or retail, they view it as just biting stuff, commerce. -- buying stuff, commerce. so, consumers increasingly feel like they have a mall in their pocket. consumers want what they want, when they wanted, and how they want it. the days of running down to the store and hoping they have it in stock, hoping they have my size and flavor in stock, and then finding out that they do not consumers are increasingly unwilling to put up with that, anymore than not being able to find your newspaper in the driveway. you wanted when you wanted and how you want it. and the kinds of services we are all going to receive as consumers through our devices is just beginning. now, this is also having profound implications for retailers and merchants of all sizes all over the world. and i know we have many large leading retailers today in the audience with us today. here is what i am hearing when i talk to those retailers. they are saying such things as, john, you know, we have our physical stores. we have ou

online. go to geico.com. get a quote. e u 15% or more on car insurance. >>> joining me from miami, carlos gutierrez, who served as commercery in the george w. bush administration and is now a member of mitt romney's hispanic steering committee. and here with me in washington los angeles democratic mayor antonio villaraigosa. thank you both so much for joining us. let me start with a little something from thursday's debate which i think spoke a lot to the importance of the latino community in florida and elsewhere. the question was, hey, name me a couple of latino, a couple of hispanics that you might put in a position of power should you become president. here was the answer. >> senator marco rubio is a pretty impressive guy. >> senator marco rubio, a terrific hispanic-american. >> i actually thought about marco rubio in a slightly more dignified and central role than being in the cabinet, but that's another question. >> secretary gutierrez, let me start with you on this. this, to me, speaks volumes about the hispanic community and republican attempts to reach out. but it's not sufficient just to throw marco rubio's name

at reviews, maybe you buy it online, maybe you pay for it, maybe not, but the consumers are now using the internet ningly in almost -- increasingly in almost every commerce like they have a mall in their pocket. consumers want what they want when they want it and how they want it. the days of running down to the store hoping they have it in stock and hoping they have my size and flavor in stock and then finding out they don't, consumers are increasingly not willing to put up with that anymore than not being able to find your newspaper in the driveway. you want it when you want, how you want it, and when you want it. the kinds of services we're all going to receive as consumers through our devices is just beginning. now, this is also having profound implications for retailers and merchants of all sizes all over the world. i know we've got many large leading retailers today in the audience with us today, and here's what i'm hearing when i talk to those retailers. they are saying such things as, john, you know, we have our physical stores, we have our website, and we have maybe a catalog. that's no longer enough because our consumers are beginning to shop o

online join the conversation on our facebook page and twittered. congress returns to session next week. this morning, "washington journal" talked to a two reporters about what to expect from the point of commerce. -- 2012 congress. this is about that will be several popes on raising the debt limit. basically, congress has agreed to raise the debt limit last summer. this is a political vote of disapproving of the president's authority. the last time, partisan vote, democrats mostly voted for it, republicans against it. there will also be a boat in the senate on this, but it will not lead to anything because the president has the power to veto it. that is the main thing that will be happening on the house this week. host: kick sherman, the president will make his state of the union address next week. what kind of milestone is that, what will the big debate to be as congress looks at the agenda? guest: it will be a legislative preflight the year. the biggest thing they would deal with is a payroll tax cuts. obama likes to draw distinctions from republicans. that is what we expected to do in his state of the union, but this payroll tax holiday it is almost sure to be brought up because democrats w