foursquare's ceo dennis crowley is with us as well. are using this money for the new foursquare. more of a location discovery app. tell us about it. >> foursquare has always been about location discovery. two things we have been thinking about -- how to monetize the users and the second big piece of it is exploring what we can do with ambient location awareness. what if you do not have to check-in everywhere you go. -- everywhere you go? your device knows that you're an adult and that -- another part of town. so continuing financing and getting the company well-funded toanother step on a roadmap executing the vision. >> i know we talked at the beginning of the year and the end of the year, and you had about 6 million chickens per day. is that growing? lot more people using foursquare for search and discovery. the usage has started to shift a little bit. >> personally -- >> yes. >> i will confess, i did not really care about checking in. i'm married, i've got kids. but when i realized i could use it as a recommendation engine, when i re

i sat down with sam grobart and their ceo dennis crowley.ed him how they're using this money for the new foursquare. >> foursquare has always been about location discovery. the two things we found out was how to monetize users that are starting to use the product. is second big piece exploring what we can do with ambient location awareness. we think about what happens if your device could understand that you are in a new part of town, you are in a restaurant for the first time, you walked into a bookstore you have never been to. what can we do with those interactions e getting the company funded is our way of being able to make sure we can continue to improve and execute. about 6year we talked million chickens per day. is that growing? >> we are entering a world in which it a lot more people are using foursquare. the use case is starting to shift a little bit. >> i will confess i was never a huge foursquare user originally. go out muchg to anyway because am married and have kids. but i like to use it as a recommendation engine. friends hadwe

we are back with foursquare ceo dennis crowley.utes past the hour and that means bloomberg tv is on the market. i'm julie hyman. let's take a look at where stocks are trading right now because they have taken a turn for the worst in the last 30 minutes or so. worse in the the last 30 minutes or so. we are going to continue to see tapering, perhaps more aggressively than people were estimating. that seems to be affecting stocks to the downside right now. ♪ >> you are watching "bloomberg west" and i'm emily chang with your top headlines. sprint is the last of the four majors u.s. wireless carriers to announce an upgrade program and now is the first to end it. it just ended its program just four months after launching it, no explanation giving. -- given. fighting taxi companies around the world, and the latest -- the ground is in latest battleground is in france. fiveofounder of five by and the cto of flight were in the car saying they were shaken up, but not heard. apparel site. groupon buys ideally for $43 million. groupon says it h

i recently sat down with sam grobart and foursquare ceo dennis crowley.rted by asking how they are using this money for the new foursquare. >> we have been about location discovery. the things we figured out last year were how to monetize the universe. -- the users that are starting to use the product to find businesses. the second big piece of it is exploring what we can do with ambient location. we think about what happens if you do not check in wherever you go. if your device knows you're in a new city or part of town or a restaurant for the first time. you just walk into a bookstore for the first time. what can you do with those interactions? we continue to raise financing and are well-funded. we want to get to continue working toward our roadmap. >> what can you tell us about growth? last year we talked at the beginning of the year and at the end of the year. both times we talked about 6 million check-ins a day. is that growing? >> there are a lot more people using foursquare. they're finding new places. the use case is starting to shift a little bit

i recently sat down with sam grobart and foursquare ceo dennis crowley. >> we have been about locationvery. the things we figured out last year were how to monetize the universe. the second big piece of it is exploring what we can do with ambient location. we think about what happens if you do not check in wherever you go. if your device knows you're in a new city or part of town or russia for the first time. you just walk into a bookstore for the first time. what can you do with those interactions? we continue to raise financing and are well-funded. we want to get to continue working toward our roadmap. >> what can you tell us about growth? both times we talked about 6 million check-ins a day. is that growing? >> there are a lot more people using foursquare. they're finding new places. >> can i bring in a personal anecdote? i was never a big foursquare user. i did not worry about checking in. i am married and have kids. when i realized i could use it as a recommendation app, it was not about broadcasting my presence but i could see were my friends had been and what they like, it snapp

and ceo dennis crowley.b onl series robot is next. ♪ >> will come back to the best of "bloomberg west." i'm emily chang. we did a special series on entire -- artificial intelligence. we take a look at how ai has changed the way we communicate and will change the way we live our lives in the future. i had a chance to sit down with david ferrucci, a scientist and creator of ibm's watson supercomputer. watsonted by asking how came to be. >> ibm research is about pushing the envelope in breaking new ground and taking on grand challenges. the executives at ibm thought could we compete a computer that could compete with humans at human tasks like jeopardy. we could do that. my entire life, it was about getting computers to them it the way humans think. take it step by step to see we could do it. watson's great functions his ability to function with natural language? moving bitsst about from place to place, it is what they say in the meaning behind it. meaning trumps data. there is too much out there. had i get an