cory johnson sat down with dr. dan johnson and jeff arnold to hear more.by asking how it works. platform is ait new program that launched in january. the purpose of the platform is to house what we consider one of the best self assessment tools around total health and fitness. it has been around for hundreds of years. what is new about this? enhanced whatlly we call the global assessment tool. it is truly comprehensive to represent physical, emotional, spiritual, and then with the easy to really make it it and to make the resources tied to assessment, make it personal and make it so we can reach important health and fitness information throughout the year. a really comprehensive strategy with social connectivity and applications and activity monitors and a really exciting project. it seems like that is the key to get them to be active with companies. good for insurance cause. the world we're living and called consumer driven health care. a diseasenot become management company but become a potential business by taking social and mobile technology and aggreg

my partner cory johnson sat down for an exclusive interview with john chambers at the cisco live conferenceere in san francisco. cory started by asking about some of the exciting announcements the company has made at cisco live. >> i have done seven sessions and q&a's. >> you're really hearing from customers. >> in many ways. how are we moving together from selling posts technology to a business outcome looking in from the customer perspective? >> it seems to be the hottest idea in the world of networking right now. the way i think about it is that i'm with my family in a car and then my wife the navigator decides, let's take a turn and go over here. let's stop for dinner and change something, so that my needs is a go through the network off the highway changes as ago and the software defines all that. >> the concept is absolutely right. software is a virtual layer and then you have your physical layer people what we did was embrace fdn and the financial element has guarded and the customer has it. now we are referencing for cisco. each of them talked about how applications specific infrast

engineering professor john leonard and editor-at-large cory johnson.hecking customer data and girding secrets, but can he keep up with the evolving tactics of cyber criminals? that's next on "bloomberg west." ♪ >> welcome back to "bloomberg west." i'm emily chang. cyber crime is on the rise. working against increasingly complex and difficult to detect cyberattacks. cory johnson is back with me now in joining us via skype, global u.s. cyber security leader david burke. thank you for joining us. who are the cyber criminals? what are they looking for? >> thank you very much for having me on here today. the reality is we see a number of different cyber actors acting in the world for a number of years. number one, we worry about nationstate actors who are very good at what they do. they have excellent techniques and are difficult to challenge to combat. we also worry about organized crime actors. these are also very talented, very intelligent threat actors who are very good at taking information and turning it into monetized value in a variety of ways. we c

wow. >> we can season cory johnson chest. hair in a new fashion. >> will i understand what chewbacca is saying? >> there you go. emily has always wanted me to be sealed into carbonite. now it will actually happen. that is needed they are doing this. how wonderful. they are giving back. >> exactly. there will be so much hype. let's breeze a little cash for charity. >> great stuff. thank you for that disturbing image. you can read the latest headlines at the top of the hour and on bloomberg.com. we will see you on tuesday. have a great holiday weekend. ♪ >> this week on "political capital," the head of founder and chief executive officer of iraq and afghanistan veterans of america, paul rieckhoff talks about the v.a. scandal. and the primaries. >> we begin the program with the founder and chief executive

that is yusuf mehdi with cory johnson. we will hear more in an exclusive interview with cisco ceo when we return with "the best of bloomberg west." ♪ "the best of bloomberg west." -- welcomeback to back to "the best of bloomberg he lets his new book that the nsa hacked into networking. my partner cory johnson sat down for an exclusive interview with john chambers at the cisco live conference here in san francisco. cory started by asking about some of the exciting announcements the company has made at cisco live. sessions done seven and q&a's. >> you're really hearing from customers. >> in many ways. how are we moving together from selling posts technology to a business outcome looking in from the customer perspective? be the hottest idea in the world of networking right now. is thati think about it i'm with my family in a car and then my wife the navigator decides, let's take a turn and go over here. let's stop for dinner and change something, so that my needs is a go through the network off the highway changes as ago and

cory johnson, come in on alibaba.eople have to sell something to buy something else. >> these guys know the game. i'm curious what they will say about this. as far as portfolio allocations, david knows his stuff better than i do. you would want to own the best thing out there. one thing i will say, the 2013 numbers are actually, we talked about the 25% net profit margin, it is better than that. there was a one-time payment to yahoo! of $561 million. that comes out of their net profit. it is a one-time item. there is no associated costs with that. using my adjustment, that is a 35% net profit margin that is impressive for this business. it is such a large scale. >> david garrity, what you make of this? 1.4 billion as listed as the profits, sales at high point -- you had in this additional $500 million payment to yahoo!, you have margins which may be enviable margins? >> one have to look at the cost of how they are allocated and accounted for. on an ongoing basis, as investors look at this on the institutional side they

from jmpauna securities, jon erlichman, and cory johnson. ditching the steering wheel for a more chauffeured experience. how soon could one of these vehicles becoming to a street near you? watch a streaming on your tablet, phone, and bloomberg.com. ♪ >> i'm emily chang in this is "bloomberg west." from search giant carmaker blast ons sitting the las the self driving car with no pedals, no brakes, no steering wheel. theei brin talked about possibility at the code conference. >> the reason that i'm super excited about these prototypes in the self driving car project in general is the ability to change the world and the community around you. they will start testing later this summer. they will have manual control and if all goes well, a small pilot program could be launched in california in the next few years. by professor at the m.i.t. department of mechanical engineering and a member of the artificial intelligence lab. i started by asking if google can become the next big automaker. exits really big news. it's a transformative decision google

cory johnson, our editor at large.head, jill abramson speaks out since her exit from the new york times. you can watch us on your phone, your tablet, bloomberg.com, apple tv, and amazon fire tv. ♪ >> jill abramson addressed her exit from the newspaper during a commencement address this morning. take a listen. >> losing a job you love hurts but the work i revered is what makes our democracy so resilient. this is the work i will remain very much a part of. >> what it could mean for other senior level executives. we are joined by our guest. in cory johnson with, with us from new york. what are your thoughts on this firing? >> it is a fascinating story. it boils down to the crux of was she fired for something that a man would have gotten away with or not and i do not think we have all those details yet but a lot more will emerge in the coming weeks. >> she had issues with arbitrary decision-making, failure to bring colleagues with her, in adequate to medication with the public. some say if she were a man with those issues

wow. >> we can season cory johnson chest.air in a new fashion. >> will i understand what chewbacca is saying? >> there you go. emily has always wanted me to be sealed into carbonite. now it will actually happen. that is needed they are doing this. how wonderful. they are giving back. >> exactly. there will be so much hype. let's breeze a little cash for charity. >> great stuff. thank you for that disturbing image. you can read the latest headlines at the top of the hour and on bloomberg.com. we will see you on tuesday. have a great holiday weekend. ♪ >> welcome to "money clip." we tied together the best stories, interviews. take a look at today's menu. how a ceo build a life in a post-pc world. affordable care you will not find in the u.s. hip replacements and bypass surgery. in nation, ready set match on minimum wage. we have two experts in the ring. we will visit the only company farming salmon on the east coast. memorial weekend, at the indy 500.

cory johnson is still with me and the ceo and founder is with us now from the nasdaq.he stock is up 17% since the open. why did you decide to go out now versus waiting a little while? >> obviously, it's a choppy market. the decision to go public is premised on where we are at in terms of building the brand, awareness, and the size of the company. we've gotten really good at predicting and forecasting the business at this point. we have a lot of confidence that we do prioritize profitability along with growth and we have the ability to balance those factors out. it was definitely a tough process getting out and we are really glad to be public. we are looking forward to driving great returns for our shareholders. >> scott, as a read about your business, it looks like data-driven, lead generation for the car sales business. is that fair? >> we're different family generation. we are not really focused on getting leads to dealers. we are focusing on helping people buy cars in a different way. we provide a no upfront cost, no lead cost him a no impression-based cost or adver

our editor-at-large, cory johnson, met up with brian krzanich.word, hobbyist, makes it seem like this is not a big movement. >> it is a big movement. it is packed. when our producer and i were going to this thing, we were stuck in traffic for miles around the event. >> what are they making? >> everything, firebreathing dragons, computers that control trash cans. sneakers with speakers. electric cars, wild stuff. it takes us back to the earliest days of technology. i remember making a heat kit. they are making all kinds of things. brian is at the center of it. check this out. >> i was born and raised in silicon valley. in my backyard was a plum orchard. that is absolutely true. that is old silicon valley. this is the future. this is a galileo board. yes. the cork in the center there. it is designed for just this kind of environment. so, that is what we developed. it is made for the maker. we are starting to use it in wearables, stuff like that. >> do you see the makers gravitating towards this chip? >> we are sold out. this has taken off -- we gav

i'm cory johnson. every week, the top interviews of the power players of the global media and technology companies that are reshaping our world. chinese smartphone maker shall xiaomi will use google's android software. stephen engle attended the product launch and started by asking about the infamous reaction in the room when the ceo walked into the room, unveiling this new tablet. >> you can imagine the kind of reception he got. you know what? when the faithful were there in full force in their red t-shirts convention center hall beyond capacity, cheering , from aw product launch new hdtv, a new router, and of course the new product was the mipad. he hates to be compared to steve jobs, but he is clearly taking a page from apple in leveraging its growing phone user base to sell tablets. already, it sells more phones in china than apple. i caught up with the man who is in charge of the international that is yo mi, hugo barra. probablygoing to start in southeast asia, and then take it to the other market

i'm cory johnson, and for energy -- in for emily chang.is one of the leaders in enterprise software, how does that suite leverage its connections to get more market share? joining me now, a big oakland a's fan. when they look right behind the catcher, they might see you. >> all you see is netsuite logos. >> talk about your customers. , i look atou guys deal size when you guys announce earnings. what is that say about your customers? >> at the beginning of our history, we were typically very small companies. you do see next generation companies, the go pros of the world. the adjusting thing that is happening is mainstream companies are shifting their infrastructure to these new cloud-based architectures. williams-sonoma role is out outside the u.s. to be there, spot form. us state of texas is using internally, they are using us to serve all the agencies within the state of texas. the largest carpet manufacturer in the u.s., when they moved manufacturing to china, they did it on netsuite. you are seeing the second wave. mainstream companies

cory johnson is back with me.ning us from washington, d c, michael riley who wrote up the story. michael, how did they do it? how do we know they are from iran? >> in terms of how they did it, it's a pretty clever operation. they built of a virtual media organization in created a bunch of journalistic personalities online to go along with it. they would fill the webpage of this media organization every day with articles they affectively lifted from places like reuters and other mainstream media organizations put under the name of the six journalists and then they would have these corps of journalists use their persona to get close to targets, lawmakers, defense contractors, and others. until they got to the time they trusted them enough to clicked on a link that would download malicious software, steal credentials, get access to e-mail. it's a pretty clever operation. >> we know they are from iran because they worked based on the iranian work schedule? there were certain clues that led eyesight to believe that the

first, our editor-at-large cory johnson has the top tech headlines. cutting another 16,000 jobs, 48,000 job cuts in total. in second-quarter profits but yet another drop in the 11th quarter in a row. facebook taking steps to improve user privacy. from new users will now automatically default to friend. that means it can see be seen by friends only. they are also rolling out a privacy checkup tool that will remind you about privacy setting. air b&b has agreed to provide the new york attorney general about -- with data about its host, new york city. they will have to provide names if the attorney general chooses to investigate. >> our lead story of the day, shares of j.d..com are off to a good start as the company went public today. shares rose after being priced at $19 last night. they raised about $1.8 million for jd.com. they have a business model similar to amazon. they now have a market cap of $28 billion. they are the largest chinese internet listing in new york. of course, alibaba will easily take that title once a goes public. cory johnson is he

that is cory johnson in new york.att and thank you all for watching the show. ♪ . >> welcome to "money clip." i'm adam johnson. taking a look at today's menu. medvedev has says the new cold war is at stake. go pro is going public. it is a great opportunity for us to show you some videos that will make your stomach turn. gender at work. how the new york times shows there is difference for women and men in the office. katie couric's food fight, taking on the industry. we will close it out with some brew.

that is cory johnson in new york. thanks, matt miller. you all for watching the show. ♪ >> the following is paid for by hair club for men and women. >> when it comes to hair loss, the reasons why can be as varied as women themselves. there is one proven hair solution that has taken women from this to this. it is not a wake and it is not a weave. .t is your own hair, but better a company special

cory johnson is still with me. us from capitol hill is a columbia law professor who just testified at the hearing. scott, you just came out and testified that this merger does not violate any antitrust laws. why? >> to take a step back, the subject of the hearing was whether the transaction violates the clayton act. the clayton act requires us to evaluate whether a particular transaction would reduce competition. there are two issues that are normally raised in antitrust when it comes to a merger. the main one is due the parties compete head to head? there is a reduction in competition or the number of competitors. the second issue and the issue more directly raised by this transaction is whether the increased size of comcast might have the consequence of foreclosing competition. particularly for online video. >> the executive vice president of comcast, david cohen, also testified today. i want to take a listen to what he had to say about consumer choice. >> it is a fact that every customer will have the same choic

cory johnson sat down with dr. of johnson and the ceo sharecare.t platform is a program that launched in january and the purpose of the platform is to house what we consider one of the best self-assessment tools around your total health and fitness. the army has been at this for a while like hundreds of years. what is new about this? >> what is new is that we enhanced the global assessment tool to be truly comprehensive, to represent the physical, emotional, social, family, and spiritual and with the tools that our contractors have brought to the table is to make it engaging and make the resources tied to your assessment and make it personal. and make it so that we can reach our soldiers with important health and fitness and wellness topics and information make itut the year and a comprehensive strategy that involves everything from e-mail to social connectivity to applications to activity monitors. like thats, it seems is the key. not to get someone to log into a site once a year but we should check in on your physical health, it is good to our in

cory johnson joins us. us from capitol hill, columbia law professor scott castle, who just testified at today's hearing. that this merger doesn't violate any antitrust laws. why? >> to take a step back, the subject of the hearing was whether this transaction violates the clayton act. the clayton act requires you to evaluate whether a particular transaction will reduce competition. and there are two issues normally raised in antitrust when it comes to a merger. the main one is due to parties competing head to head, because there is a reduction in head to head competition, or a reduction in the number of competitors, which can have an anti-competition effect. the second issue directly raised by this transaction is whether the increased size of comcast might have the consequence of foreclosing competition, particularly from online video. >> the executive vice president of comcast, david cohen, also testified today. i want to take a listen about what he said about consumer choice. >> it is the fact that every c

first, editor-at-large cory johnson with a look at your bloomberg headlines. mogg suingder of beats. apple is in advanced talks to reported $4.3a billion that could be announced next week. apple supplier foxconn says halting production of the vietnam fact rant on monday for safety precautions swepta wave of protest the country. rights broke out at various factories over an oil rig. rebranding it as terminal samsung galaxy s5. they will deck up the terminal from end and with digital screens showing the new phone. the promotion starts on monday. >> back to the lead story of the day. a rocking time in the public market but valuation of many hot startups are soaring and show no signs of cooling off. uber in talks to raise a more funding nearly tripling its valuation from just last year according to people with knowledge of the situation. in the meantime, pinterest has just raised another $200 million giving it a valuation of $500 billion up in just the last seven months. are these companies really worth this much money? if so, why aren't they going public? fromrli

cory johnson is also with us. take you for joining us.gotten a response for your letter yet? >> not yet. they just got it. they have been going on tv and how theyhow -- touting are buying time warner cable and that will extend net neutrality to a greater number of consumers. but, that is because they are required to by the conditions put on their acquisition of nbc universal in 2010. this is -- that runs out in 2018. they refused to say what they're going to do after 2018. >> let me play that. >> go-ahead. >> i want to play a good portion of that. i just saw it today. here are seven seconds of that ad. >> how do you make life online better for more people? star by extending net neutrality protection to more americans. your reaction? >> ok. they served by buying the second-largest cable provider and they are the first-largest. you start by buying the third largest internet broadband provider. you are the first largest internet broadband provider. live up to the conditions that were imposed upon you by the fcc. the moment those conditions s

cory johnson is at microsoft surface event in downtown manhattan.s this the last chance for microsoft? i love you mentioningtlc because that's what this is about. they are trying to nurture this struggling device. it has less than a two percent market share. it is right here, it's a little bit smaller and a little bit lighter and has a cool stylist pen. the most interesting thing is the way this device is being positioned. they are suggesting this is not just a tablet. it is a productivity device to work with other microsoft software. they say it's a replacement for laptops which puts microsoft directly in competition with their original equipment manufacturer, companies like dell and lenovo and hewlett packard to whom they are selling their windows product to. >> we are not interested in when itg with our oen's comes to hardware. our goal is to create new categories and spark new demand for our entire ecosystem. that is what inspires us and motivates us with what we are doing in our devices and hardware. >> they might not be interested in competing

i spoke with cory johnson via skype. i started by asking brad what he thought of comments. could the products coming up really be better than the iphone, the ipad and the ipod? >> we will believe it when we see it. >> could you see the eyes rolling when you saw the tape rolling? >> it comes from a position not of strength but of weakness. music is core to the apple franchise. really, over the past couple of years, the hot services in music are pandora, spotify and youtube. apple has squandered that franchise. by buying beats, they get the credibility of its founders and they get the hardware and the beats music subscription service. >> look, music is what brought apple back. the ipod is what brought apple back. the ipod on windows is when the growth accelerated on apple. this really does show apple trying to fix a problem they have got with their old business, not developing new business. the comments about the product pipeline. what did they invent anywhere near an ipod or the imac, which was the first steve jobs product? the iphone, what could possibly be close to that? i

editor-at-large cory johnson set down with sir richard branson.ranson of course the chairman and founder of the virgin group. he talked about a lot of things. he has a long history in the music business. he touched on apple and beats, as well as virgin galactic. >> he is an interesting guy. he is involved in everything from transatlantic flight to the music industry. i asked him what exactly does he look for in an interesting new business to start. listen to what he had to say. >> we are having a lot of fun. it is hard work. this year we shall finally succeed. i suspect virgin galactic will end up being the first, you know, the umbrella for the rest of the virgin group. haloe have a fantastic effect, i think, for the rest of virgin. wanted to ask you about your plans, but you anticipated that question. what are the next hurdles to get up and over? >> we think all of the hurdles have been fixed now. we are really hopeful that we are almost there. we have it all pieced together. we will not go until we are 100% sure it is obviously safe. and i would

my partner and editor at large cory johnson has more.n seem to impressive quarter yesterday, unveiling a new open software pop arm called spark and autodesk's first ever 3-d printer. that you aresting not just getting into making a printer for software companies, which is weird, but also redefining the way that this architecture works in 3-d printing. one in every definition need to happen? >> for a long time i have been fascinated by the problem but frustrated with the realities of 3-d printing and many have been. together ao put software platform to move to the next level. the best analogy i have is android. pre-android, there was a whole in the world and people learned how to use them. we wanted to start with that. >> what needed to evolve? the 3-d printing industry has really only grown at a 20% rate for the past 18 years. people are hearing about it for the first time, seemingly not new, but you are the leader in the software to design stuff. what was it specifically that we were not seeing? something, to print you need a model. tha

joining me is cory johnson and our ipo reporter. you have gone through the f1. what stands out to you? >> with standout is the operating profitability of the company. the word of warning for those number crunching, it is a fiscal year that ends in march so we do not have full-year numbers because they did not report the number for the full fiscal year. for 2013, we see operating profitability up 25 cents which is spectacular but the numbers are better than that because of a one-time payment to yahoo!. strip that out there and you are looking at a 35% operating margin around about and that's just spectacular. >> how much is coming from the core business? >> most of it. we don't know the breakdown and i will have to crunch numbers to get to that number. this just dropped about an hour a half ago. i'm sure we will be pulling lots of nuggets of information out of this. >> it is comprised of alibaba.com, amazon, ebay, google, paypal. leslie, what stood out to you? you have been working on this for weeks now. >> i'm looking at the risk factors. we could not get that e

cory johnson is with me here. this could have huge implications. >> this is a fascinating case of a new law being applied. the eu is trying to figure out what an individual's right is on the internet. the phrase they are using, essentially is the right to be forgotten. this right to be forgotten is this interesting concept in privacy law. it is unforgettable. this will change the way google works, and not just google. there are big implications for companies like facebook. >> google doesn't do anything immediately, but if they don't grant your request you can petition to the national data protection agency and then they can ask google to take it down. >> the fines could be as much as two percent of world wide web for revenue. a enormous implications for these companies. let me read specifically what they said in the decision. it compromises the fundamental right to data protection. the dignity of persons in the broad sense concerning that stated not be known. >> we should clarify they don't need to erase the artic

cory johnson, our editor at large, leslie who covers i.p.o.'r bloomberg numbers, thanks so much. we'll stay in touch to watch the filing. 480 million twitter shares become eligible for sale tomorrow. is the company doing enough to boost user growth and to keep insiders from selling. you can watch us streaming on your phone, tablet, bloomberg.com, apple tv and amazon fire tv. ♪ >> welcome back to "bloomberg west." i'm emily chang. more than 480 million twitter shares are eligible for sale tomorrow at the company's share lock-up fires today. the c.e.o. and the co-founders have announced they don't plan to sell their shares. is it enough to boost twitter stock which has plunked 39% this year? the chief economist max wolf joins us from new york. he wrote one of the first twitter reports on the street two years ago. max, we actually have the c.e.o., a company that is helping many twitter employees manage their portfolios on the show last week. he said, a., the first day lock-up expires is the worst to sell, and b., most of the twitter employees that

my partner cory johnson is back with more. >> what a great gaming legend it is and a true one. it was documented as part of his new original xbox documentary called "atari game over," the first to be released on xbox 1 and x. box 350 later this year. what is it working on these super hero movies, and writer, that attracted you in fact to this story of these atari cartridges? >> well, i grew up a gamer. my dad got us pong when i was 6. so i wasted an inordinate amount of time playing video games. atari probably took up a good 1/3 of my childhood. the other thing is i just happen to like these kind of urban legends, strange stories that perpetuate themselves. so it was kind of a no-brainer. i think they got two sentences into the pitch and i said, ok, i'll do it. >> to me, this story touches so many of my favorite things. you have the excitement of technology, the failure of technology, the incredible growth of this company warner brothers. you have this bombastic amazing character and steve ross was the c.e.o. and chairman of w

cory johnson looks at microsoft strategy against the ipad mini. we begin with a bloomberg exclusive with russian prime minister dmitry medvedev. my colleague, ryan chilcote conducted the interview. he joins me now from moscow. good evening. >> good evening, mark. the primeminister -- minister and i sat down and he told me that the standoff between russia and the west could lead to another cold war. >> to put it simply, no one is happy about sanctions, since they are always a sign of tense relations. it could cause some unpleasantries for the country, but it is bad for economic relations come up with europe and with the united states. let's be honest, those sanctions are a sharp knife for european business. the only ones who want sanctions are politicians, who used them to reinforce their convictions and demonstrate power. for example, president obama needs to show congress that russiansoesn't see amuck but if anything happens, they can hurt us. the situation is somehow different for europe. >> speaking about president obama, because you were the a

cory johnson has more. >> what a great gaming legend.nted this is part ox his new original xb documentary. he is the producer, not the director. >> i'm actually the writer. >> there we go. what attracted you to this story of these atari cartridges? >> i grew up a gamer. my dad got us pong when i was sick so i have wasted an inordinate amount of time playing video games. atari probably took up a good 1/3 of my childhood. i also happen to like these kind of urban legends, strange stories that perpetuate themselves. no-brainer.of a >> to me, this story touches so many of my favorite things. you have the excitement of technology and the failure of technology, this incredible growth of this company and you've got this bombastic amazing character in steve bross , the ceo and chairman of warner brothers and you have an accounting fraud all in one. what in particular about the story drew you to it? -- there isy think definitely a corporate story here that is very interesting but there is also a larger story about why people are so attached to at

cory johnson is with us as well. how impressed are you? what do you think?think that this is a good evolution for the company. they have clearly done very well with rolling out smartphones that have gotten people excited in the market. they have shown they can work the market. i think this tablet is a really good step. it has great effects. -- great specs. it competes very well with apple. if you look at the tablet market here, consumers are not necessarily married to the idea of buying the apple tablet or samsung tablet. the tablet is usually the second purchase for most of these consumers after they buy a smart phone, so it is really a wide-open market right now. >> is the notion of a market where the pc never exist -- a lot of these consumers change the role of a tablet in china? >> absolutely. if you look at the demographic that xiaomi might be trying to sell to, which is the 15 to 34-year-old -- these people barely use e-mail. they are spending most of their time during the day on a smartphone, possibly a laptop in the office, but really, it is phones a

cory johnson has more in the newsroom. has big -- has been a big name in boots since the 1990's -- 1980's. the company makes its footwear mark with shoes geared toward what these guys are after, that element. the president joins me right now, gene mccarthy from new york. ink to me about the ways which you invent shoes are hiking boots differently than you did a few years back using technology. >> there are two types of technology. the first is how you get from point a to pioint b? we are obsessed with what happens in between. we don't want technology to play into it. we think the mystery still needs to remain. we think it is also about personal exploration and discovery of yourself. if there is a way that technology can play in there, it's how you share the experience so that you can tell people what you'd did and posted as a challenge and see if others want to join you. then or is technology we have in our products, too. >> talk to me about that. what is the way you incorporate technology? as soon as we think about techno

cory johnson, san francisco. julie on set with me. g this all might on bloomberg. -- all night on bloomberg. you will see plenty of cory and julie. have a terrific night. ♪ >> it is time for on the market. here is where stocks ended the day. following for the third time in four days per the s&p weighed down by financials. aig, consumer discretionary and tech closed lower. led lower by twitter. time for today's insight and action. adam johnson has a look at the global outlook. >> slow down. the lowere details of forecast brought to us by the oecd. they say growth is going to slow by two percentage points this year. you break it down, they took it down for a second time in six months. the u.s. goes down three tents. china, we know there. the one place it goes up is your. growth getting harder to find. the economist at goldman sachs says there is going to be a much later start to the fed raising rates, and eventually it will be steeper. the line. we are not going to ask you see until 2016. raise the rest of the market consensus is sooner

cory johnson. mayer with marissa michael arrington from here in new york on "bottom line." >> given how busy you are, it is great that you always make time for that. >> i love the techcrunch community. it is fun to see how we're going to bring new technology to market. it is rate. >> let's talk about yahoo!. can you tell me what yahoo! is? i have done this with previous ceos, but it seems like you are branching out in different areas and i am confused about what your mission statement is today. >> on a mission level, we want to be the world's digital daily habit. there are three core areas -- search, help people find what they're looking for. now -- all of our communications products, -- mail, our committee kaisha's product, -- and thentions products the digital magazine, bringing content to bear. they can involve video and all sorts of formats. these are things like sports, news, weather, finance. >> if i am asking you if you're a tech or media company is the answer both? >> i have scolded yahoo!

editor-at-large cory johnson. edmonds, what is the impact? know comcast is largely a video company. they are selling video service across the country. they're more significantly broadcast -- broadband dividers. net book -- netflix, google, facebook. those companies have a relationship to comcast that is up in question. they are trying to charge these guys for better access to these broadband. this could have implications for big companies out of silicon valley. >> john, can you explain to me -- i cannot understand how disney tried to get an increase in with a patent has yet and how that might change espn. crack i do not think it will change. bob iger is the ceo of disney. when the deal was first announced and we asked how it would affect them, he said it would not. we are feeling pretty good about the stuff that we have on offer. it is led by programming on espn. disney is in a good spot. the question is about those less valuable channels. that is where the different media companies -- i don't know what you want to say. some low level cooking

cory johnson is with me and through skype, global cycle security leader david burch.nk you for joining us. who are these cyber criminals and what are they looking for? >> first, thank you for having me on today. the reality is, we see a number operatingread actors for a number of years. number one, we worry about nationstate actors who are very good at what they do. they are very patient and have excellent attack techniques, and are difficult to challenge, to combat. we also have organized crime actors will solve these are also very talented, very intelligent threat actors who are good at taking in information and turning it into monetized value in a variety of different ways. we certainly worry about individual collectives that will focus on a business issue or a particular company to make a social statement or to promote political dogma. and we also worry about insiders , legitimate employees that have access to information that may be sensitive, that may be working in concert with one of the threat after groups i just talked about. yes? >> sorry, one of the things