dick costello later on today. you don't want to miss that interview. be tuning in for that. guy: pretty volatile. big question is what should d. costello be tweeting as a result of all of this in what will he treat tweet this morning? ? you were in his shoes, what would you say? hashtag "the pulse" at flacqua at guyjohnsontv. we'll be fascinated to get your response. ♪ francine: welcome to "the pulse" live from bloomberg's european headquarters in london. we have a lot coming up. guy: we certainly do. we're pleased to be joined by former goldman sachs chairman. francine: asset manager. guy: asset manager. i was just thinking about how to rephrase it. >> it has been two years since i left. guy: is it? >> at some point in my life people will describe me as something other -- francine: what do you want to be described as? >> i'm feeling in a silly mood today. i'm chairing the -- anti-microbe ya'll resistance. your view -- google. i was at a tech conference. google for dock task force. forget all of this nonsense about greece. we need to make sure that 10 m

dick costello who holds 800 thundershower shares has not been good for him as well -- 800,000 shares. appreciate it, jo. breaking at this hour, baltimore remains on edge. the national guard patrols the streets as the crowd begins gatherings again and citywide curfew begins in hours. last night riots left businesses looted and burned. at least 20 officers injured. one in critical condition. those are reminiscent of riots 50 years ago that broke out in the city after the assassination of dr. martin luther king, jr. those riots left six people dead, over 1000 businesses looted and millions of dollars worth of damage. the city experienced a population exodus. white flight out into the suburbs. if tensions remain this volatile could the same thing happen all over again? guy benson, senior political editor townhall.com. steve moore, distinguished visiting fellow heritage foundation and michael baloney, former homeland security official. great panel. great to have you all here. steve i will talk with you. people talking about financial disparities the president talking about how people who l

if they fired dick costello tomorrow, it would be up higher.att: a great opportunity for someone who is a long-term investor. i think it's a great opportunity. >> we have governor larry hogan. he's speaking right now in baltimore about the latest. let's take a listen. >> city, where we held our cabinet meeting. where each state agency outlined their efforts to assist the baltimore city community. immediately following that meeting, i listened to a group of community leaders who voiced their concerns and provided input on how we can begin the long process of restoring our community. we've been here all day. and we will continue to be here until the threat of violence ends. our primary mission, again, is to maintain order. and to begin to repair the damage inflicted by the violence and looting from last night. acts of violence and destruction of property cannot and will not be tolerated. baltimore's families deserve peace and safety in their community. but this is far from over. i have here with me -- going to turn the floor over to general linda

. >> i don't know if you got a chance to hear dick costello on squawk alley but let's listen for thef our viewers who might not have seen this. what he had to say about the stock market's negative reaction to the earnings release. >> we had a slight missile in revenue. anthony and talked about that on the call. it was due to our direct response business, those products are new, less than a year old, we know what we need to do there. we have to run the company we're running. i have every belief that twitter is and woreful, beautiful, independent viable long-term company. we have a great long-term strategy. >> is he still the right guy for the job? >> i think you have to increasingly question that. there are a lot of people involved in running this business. the fact that they have yet to find the right advertising solution for enough advertisers, that's probably causing the slowdown in revenue growth. maybe that's -- i don't know if that's him or the head of sales but something needs to be done there. on the product side, they're not seeing the mau growth rejuvenate, then there's some

big names signing the bill include dick costello of twitter, jack dorsey, max levchin.arkable the way it's ballooned, jon. would you argue in the course of 72 hours? >> it is remarkable but i think we need to be clear about what this is and what it's not. the language saying this bill does not authorize discrimination is different from the specific nondiscrimination law or provision which is what some in indiana have been pushing for. and i think conservatives in the state are still against. i was on the aclu site. it turns out just 21 states and washington, d.c., according to their map have specific nondiscrimination clauses that include gays and lesbians. 29 states don't. so some people want this provision added to indiana. this fix of the law says this law can't be used for discrimination, but it's not specifically a nondiscrimination law. >> but it's enough to garner the support of businesses which were extremely critical of the way the law was first written. we saw mary mentioned many businesses based in indiana coming out in support of this. the ncaa which would h

meanwhile this is add og to -- hitting the credibility of the chief executive, dick costello, who spent on the phone to analysts and investors telling them about all the innovations they are making and all the changes they are going to make in terms of new features the fact that you can get while you were away feature where you get your most popular tweets. it is not attracting users o advertise rs. new user growth decelerating. we're seeing an 18% uptick in people becoming members of twitter. they wanted a 20% uptick. april, that is a slow start as well. suddenly that fear is creeping in. if you're not giving us profit what are you giving us? you have to give us growth. this is all down to a company called solarity. they are an event detection program. looking for numbers they can put out and inform bankers and hedge funds. very small little known company suddenly manages to get twitter's numbers ahead of time. how? it seems to be nasdaq's fault. they had them ahead of time. suddenly they are leaked at 3:00 in the u.s. trading time. down go the shares by some 18%. just adding that salt

dick costolo is in san francisco with brad stone. brad: thanks for joining us. yesterday not the most glorious day in twitters 20-months as a public company. what went wrong particularly from a revenue standpoint? costellowe have a great advertising business. we had a slight miss due to direct response ads. brad: define that. costello:costolo: i am looking to reach this many people with this kind of message. where a direct response ad is more i want to achieve this kind of a jet to -- of objective. i want people to click on my website link and fill out a form. our direct business didn't scale as fast as we thought it would based on what we have seen over the last year of growth. that is what we are working on. brad: is that a factor of a new advertisers out of the platform or getting the advertisers to stick around? costolo: i think it is a combination of a couple of different things. demand for deck -- demand for direct response ads. but i would not overemphasize this. some of it was due to moving some of our direct response advertisers from what you might consider cpe pricing, cost per engagement, where there is cost for any engagement for a tweet or a retreat, to what we call cpx pricing, which is co