it was satya who came down, when microsoft revisited it was across from me and dick costolo. think alibaba may be interested, too. emily: you think facebook, google, alibaba, microsoft, they would all buy twitter. chris: all those companies would benefit strategically. they would all be able to explain to their shareholders why they would pay a lot of money for it. and it would fit into their companies without blowing out or competing with something. emily: what about apple? chris: i do not think apple cares. i do not think it is in their bones. i do not think they don't care enough. particularly with apple, i think they go in a different direction. they don't care as much about the human or social elements. i just want to be clear about this, though -- i don't think twitter should sell to them. there is literally unlimited potential in what twitter can build to get to 100 million more people. if they do that, the stock will be trading in the $70's, $80's, and $90's. that is why i am not campaigning privately or publicly for it to be sold. if the board stops believing that at

former twitter ceo dick costolo will join us live talking twitter and his next big move coming up latern. one eye on the markets. dow up 252 points. it's best day since early december but we'll be watching the next thing that could be leading the markets and that's the european close. it's happening in just a few minutes. stay tuned. >> amazon studios coughing up $10 million to outbid traditional hollywood studios for the distribution rights of manchester by the sea. amazon acquired four films at sun dance so far. netflix also a big buyer at the festival purchasing three films. a lot of traditional distributors haven't picked up anything yet. meantime a new report shows just how broad amazon's reach is becoming. according to consumer intelligence research partners there were 54 million amazon prime members at the end of 2015. that's about one in every five adults and the triangulation of amazon here, giving away when you're a prime member certain digital assets but realizing based on their great data how much more likely that makes you to take advantage of that two day free shipping and

dick costolo is founding a new startup focused on personal fitness and motivating users to work out.e shared the news through twitter, of course. we developed a system that works within this evolving landscape. that's not the only job he has lined up. he will also be a partner with a venture capital firm. coming up, ibm reports fourth-quarter earnings that beat the street but a warning is sending the stock lower. one chipmaker reporting a fifth straight quarter of revenue decline of more than 20%. the company has been struggling after a slowdown in pc sales. ♪ emily: a developing story we are watching, the $8 billion semiconductor chip maker has signed a deal to buy atmel, ending a bidding war. this is microchips latest acquisition. atmel manufactures devices for networking gear and industrial equipment. shares of ibm sliding lower after the company warned on this year's earnings. the company expecting full-year earnings of $13.50 a share versus estimates of $15 a share. just after the close, ibm released what appeared to be a positive fourth-quarter earnings report compared to estim

leave, but look, it just goes back to that revolving door on twitter, not the least lastich was dick costolo it could be seen as jack dorsey trying to shore up his top executive ranks. of course as we know there have been perennial problems with the product rather just isn't the mainstream around the product that it needs to be to succeed in today's world. donald trump is on their tweeting away, but he still can't get people to use it. he wants it to be as easy as looking out your window and it still very difficult. betty: there is a utility to it, but it's not engaging in a people, as you say. john kline was on earlier, the former president of cnn, now he has his own media venture. he thinks this is the right thing to do. >> this is a visual time. millennial's don't care nearly as much about words as they do about images. they will feast on images, they , etc., upload their own but that puts twitter at a huge disadvantage. to his credit, jack dorsey has taken the bull by the horns and said that we have to reset the whole product. only the founder and original visionary can do that. although

. >> investors are saying the company thought that its biggest issue for value was dick costolo.ow obviously the product is coming into focus. we'll see what they can drum up. >> finally, time warner we discussed yesterday. the big winner for the s&p so far. more reports swirling around about potential activism. david faber's been doing some good reporting but that's going to be a story that bleeds well into the next few weeks. >> investors hope where there's smoke there's fire. >> dow back in the green but just about by 18 points. have a good weekend. pay attention sunday night. let's get back to headquarters. scott wapner and the half. bl . >>> all right, guys, thanks so much. welcome to the halftime show. let's meet our starting line-up. steve weiss is here along with jim levinthal, josh brown, and a special guest for the hour, achb capital's mark lassry, who specializes in distressed investing. our game plan looks like this. opportunity of a lifetime. that's what mark lasry calls a big investment idea. we'll have those stories straight ahead. portfolios with purpose. how you

late 2013, and i believe down about 50% since jack dorsey, one of the co founders took over from dick costolo. world business leaders and luminaries are assembling for the world economic forum here in davos, switzerland. here is video what you can see. that's the congress center to the left. it is tight, tight security. you can only imagine when you have the world leaders of everyone from ukraine to joseph biden, the president who is here, apparently having swiss fondue last night. charlie gasparino will probably talk about that, he was trying to get into the fondue restaurant and was told, no, you can't get in. we see detail checking out the cafes to make sure it's safe. angela merkel canceled due to the migrant violence in cologne over new years and the syrian migrant crisis. i should tell you the syrian migrant crisis is a hot topic, considering a couple of weeks ago, the few syrian migrants taken over in davos were, quote, relocated. i said to somebody who is swiss, were they kicked out in advance of the world economic forum? don't say kicked out, say relocated. why? for security reasons,

. >>> former chief -- twitter chief dick costolo says he is starting a new company with -- he tweetedthey are building a software platform that reimagines the past to personal fitness. a record 19.7 million tourists visited japan last year. nearly 50% increase from the year before. it's about $30 billion into the country's economy. relaxed visa rules contributed to the record rise. that's a cnbc news update this hour. back to you. >> thanks so much. >> steadily declining off the best levels of the dow. trying to get a little bit of that back. up 70 points. all three of the major averages are in the green. one stock is selling off today. tiffany. cutting guidance. cutting staff. we call it a sales. stock now at the lowest level that it has traded in three years. or thereabouts since 2013. with global markets, rebounding slightly today. how should investors be looking to navigate the rock where i start? joining us live from chicago, david harrow, he overseas the oakmark international fund beating 95% of his peers over the last ten years. david, welcome back. it's good to see you again.

. >>> dick costolo wants to make fitness fun again. he joins a crowded field including apple and fit bit. twitter stock suffered on tuesday as investors suffered. landon dowdy joins us with a look ahead in the mashlgts. >> wall street could be set for another sell off today. futures sharply lower. asian markets tanking overnight. down 20% from the annual high. that was partly due to the reaction to disappointing economic data from china. europe is also in the red, down about 3% across the board. oil prices continuing to fall, crude falling below $28 a barrel, a 12-year low. look for data on consumer price inflation and housing. the dow ending up 28 points. >>> german scientists showing a new video where they have successfully landed a drone on a car. there's the drone. below is the car with the giant net. you might be asking yourself, as you watch this drone land on this car, it's going to happen right here. they're going to do it before they run out of runway. you might be asking in what situation could i need to land a drone on a car

. >>> still ahead, former twitter ceo dick costolo will join us, plus new details on his new venture." will be right back with the dow up 240. >>> what might lie ahead for apple? more "squawk on the street" is coming up. >>> welcome back to "squawk on the street." positive territory. health care, however, lacking the most, weighing on the sector so far. several down by about 1% or more in the early trade. year to date, health care is down about 6%, the s&p is off by about 7%, so just about in line, health care still a big topic us because it was such an outperformer. wee see if things turn around. sara? >> dom, thank you very much. rick santelli has "the santelli exchange" day 1. >> day 1, you're right, sara. today's op-ed in the journal, the chance of a global meltdown written by jerry odriscoll, who happens to be meyer guest today. welcome, jerry. >> glad to be on. thank you. >> great why, you say it may be viewed as monetary, rhymes with 1937 in my mind, but on the other hand you say low rates helped create the bubbles that are bursting now that we need lower rates to create more b

it came out late april and they cut the sales forecast and dick costolo stepped down in june.jack dorsey was the interim ceo and they said because he is running square, we will not name him ceo of twitter and that was not true. gave precaution on growth and said, we are never going to be a mass product and we will likely be and each product. it will take quite -- niche product. it will take quite some time. jacks did decline since dorsey was named ceo, and there was a little bit, but there is negative commentary as of late about user engagement and about whether they are sticky, if you will, to they have appealed? even to the existing user base. there is a lot of question about the company and it goes back to some of jack dorsey's commentary and the caution it to investors that it will take time. investors have not been patient. stephanie: what is funny about the criticism on it jack dorsey could run both companies -- there are ceos that run much bigger conglomerates with different divisions later than twitter and square. i am not sure why we continue to criticize or question