dr. dret was it. told ive was in the audience. >> do you think the beats deal is a good deal for apple? >> i came around to it pretty quickly. >> why didn't you? >> initially, thought it was only a brand that apple did not need to bone because it is not an engineering organization or an asset that you can acquire like intellectual property. i thought while that is a great brand but why would apple need a brand? they never had to go outside to get that brand value. , i thought -- at first, thought it didn't make sense but then i got to thinking about the future of music and the evolution of the job of music. when i convinced myself was the notion that itunes needed to have a new mission in life. itunes was about ownership and control of your music library and your own personal taste, but over time the job of music became more about discovery. discovery and filling that emptiness. >> finding new music. >> the idea of porting content when content is so abundant he becomes attle -- little -- that

dr. dre snags a great california pad and slashes the pri >>> covering san rafael, south bay, pleasanton and all the bay area, this is abc7 news. >>> bay area drivers spend 84 extra hours sitting in traffic each year which is ten work days san francisco has the second worst traffic congestion in the nation behind los angeles. san jose is five. if certain days seem worse than others, the commute on tuesday is worst, followed by wednesday and thursday. for the ride home, thursdays are the worst. >> yoshi if san francisco is bought by a new ownership group vowing not to change a think. the group is aiming for a seamless transition. the temperatures were not disclosed but the new owners bring back the former artistic director to take over bookings. >> a nice day to enjoy music outside. we are warming up a little bit, right, mike? >> we don't have the winds so if you are outside you don't have to worry about being acovered by the breeze. good morning, everyone, we have graduations to talk about as

hillshire says it's willing to talk to both companies. >>> and newly minted billionaire dr. dre gone on a west coast spending spree. the doctor cashed in some of his apple earnings to buy the l.a. mansion owned by power couple tom brady and gisele bundchen. dre paid $40 million for the four-acre estate. that's $10 million less than a asking price. anne-marie? >> he's having a good couple of weeks. jill wagner at the new york stock exchange, thank you, jill. >>> when we return, a photo failure. a wedding party gets a surprise while posing for pictures on a dock. a wedding party gets a surprise during pictures on a dock. super stain-resistant and scrubbable... and this color! still perfect! yeah, looks great, val. how much coffee have you had? 3 cups. mmhmm. 4. introducing valspar reserve paint + primer with hydrochroma technology. now the colors you love stay the colors you love. exclusively at lowe's. to know to prepare for this morning's commute. from a strange powder -- to bunch of ball bearings. disturbing new details on wt the feds found inside ryan chamberlain's apartment.

i doubt it. >> do you guys see dr. dre camped out anywhere? apologizing after a video surfaces of him telling a racist joke. >> why are black people afraid of chain saws? >> don't say it. >> run bleep. >> that recorded about five years ago when the pop star was 15 years old. bieber, now 20, says he's sorry for the inexcusable mistake. he says, quote, i was a kid then and i'm a man now who knows my responsibility to the world. >>> bad news for miley cyrus. two burglars break into her hollywood house stealing her brand-new $102,000 phaz eratti sports car. no one was home at the time. miley was touring in europe. >> imagine having this on your resume. butt bodyguard, that is apparently the job of a new female minder of kate middleton, drastic measures they have been taking to protect the duchess's derriere of her getting off a helicopter. it is not clear how this butt bodyguard will do her job. >> it is six minutes till the top of the hour. a race car goes off course and nearly plows into a guy. you've got to see the heart stopping video. >> a br

jimmy and dr. dre bring that to apple. they have a ton of credibility with media companies and artists. >> do you think there will be a culture clash? >> they're culturally less dissimilar than you might think. let's not forget the fact that steve jobs was considered by many to be an artist. you have content and then you have the marriage of artistry and technology. i think this is a really exciting deal to signify this convergence of technology meeting great content. content drives great technology. >> i want to make this other point. the biggest deal before this was when they bought next for $400 million. that was not only the biggest deal, but apple was proud of that. they would never do a deal that was bigger than the next deal. m&a folks would say that. apple is willing to take bets to complement its products and services in areas where it is weak. it is an important step for the company. >> they generated cash from the time that the news leaked. this is so massive that it is a bump on the log for them. >> samsung unv

yesterday dr. dre had a cudoupl of questions. >> i'm glad you called.hat time does tim show up into the office. i want to beat him to work. >> he gets in prettyarily, around 4:00. new employees start at 9:00 and you don't want to miss the free t-shirt. >> sounds good. i can't wait to get to work for the team at apple. >> they haven't said what job dr. dre will have. >>> in sports. don't adjust your television. tennis fans think they're seeing double at the french open. >>> and later, courtroom throwdown. things get physical between a judge and attorney. throwdown. things get physical between a judge and attorney. dad. how did you get here? i don't know. (speaking in russian) look, look, look... you probably want to get away as much as we do. with priceline express deals, you can get a fabulous hotel without bidding. think of the rubles you'll save. one touch, fun in the sun. i like fun. well, that went exactly as i planned... really? your life is a game of chance. chronic migraine, but what if the odds could be in your favor? botox® is an fda-approved t

but, yet, still, you have dr. dre$3 billion. $3 billion, and we still have president barack obama i'm really proud of. so, yeah, it's a parallel universe. >> charlie: dr. dre and jimmy. i'm so proud of them. it's amazing. says a lot about apple. they know about hip-hop and know what's going on. >> charlie: i think they were buying more than headphones, don't you? i think they were buying heads. >> wow... >> charlie: you heard it here. i heard it here. >> charlie: it's true, though, isn't it? >> yeah. >> charlie: they were buying heads, not headphones. >> totally. but, still, we've got to celebrate. it's the first hip-hop billionaire guy to do a multi-billion dollar deal. >> charlie: still $3 billion. $3 billion. >> charlie: whatever they wanted, it's $3 billion. >> so there's hope for people who come from places like i come from to be a dr. dre. >> charlie: you said your pop told me a fool at 40 is a fool forever, so i'm in good shape, i've come a long way. >> yeah. >> charlie: he's a jazz musician, right? >> he doesn

on that note, we actually betweenit of the call dr dre. take a listen. ? >> hello.g.it is cra you are on speakerphone with me and my mac with over 6000 amazing developers here at wwdc. we want to welcome you to apple. [applause] there.k you to everybody they have made amazing apps. i'm glad you called, what time should i show up? if you want to meet him, but to miss theabout 4 free t-shirt. would shoot for 9:00. >> we could hear him, but we could not see him. i don't know. >> why didn't they face time? they own that product. >> i am a little surprised he is not here. is great that he called in. i think it is great for kind ofrs to see it is trickling into apple. >> all right, we have to wrap it for thisloomberg west" hour, but much more from wwdc throughout the day on bloomberg television. thanks to our special guests. thanks so much. they do so much for what ching this edition of " bloomberg west." do not go

so dr. drebe very comfortable there. >> if you back to the old west coast/east coast hip-hop battle, dr. dre would not feel as comfortable doing something in the south bronx as he might out in california, which is his home territory. >> you amaze me with a scale of your knowledge. >> samsung was going to try to hook up with a daddy kane and ll cool j, but we will have to see. >> i'm speechless. this goes back to article for bloomberg. what is the state at this meeting of the apple ecosystem? from where i sit, just doing a photo on instagram of sam grobart, to me, the ecosystem rocks. am i the only one that thinks the ecosystem as ray strong for them. they have a million different apps that are available, which is the lesson android hurdler was android apps are not necessarily up to the same level of quality as the ios apps. apple feels very strongly that the ecosystem is a business. that and the sale of devices which work on it ecosystem. growthe hasn't been a stock for a while. people call it a

. >> we heard dr. dre swloys know if it was dr. dre but the other disappointment maybe anybody who really did expect something leak an eye watch. >> apple gave this tech with health kit. >> lit relevant save lives. >> my fitness pal says the app will talk to each other and all sorts of devices. >> bloop goes in normal bound the doctor can get alerted. >> home kit does that for home automation. >> you can get say get ready for bed and be assured the grand jury door is closed. door locked. thermostat lower and light dim. >> no new january it. >> i think they want to us create the product. they are trying to see what the developer can come up with. >> now apple did show off hardware but maybe not the kind were you expecting. talking really big hardware the kind with 4 wheel running new car mr. form. >> who would you lucky to call. >> call dave becker. >> puts her on the dash board where would you like to go. >> find a theater. >> first car shipped later this year after new i-phone and mack operating city. o s 10 t.wee! . >> rejected th

. >> dr. dre and jimmy. >> i'm so proud of them. it's amazing.le, they know hip-hop. >> i think they were buying more than headphones, i think they were buying heads. >> wow. well. >> you heard it here. >> i heard it here. >> it's true though, isn't it? >> totally. i mean, but still, got to celebrate, it's the first hip-hop guy, billionaire guy to do a multibillion dollar deal. >> still $3 billion. whatever they wanted, it's $3 billion. >> so it's hope for people that come from places like where i come from, to be a dr. dre. >> you said that your pop told at 40 is a fool forever. >> he was a jooze musician wasn't he? >> he said, that was the music at the time that paid my bills. he came out of navy playing strums and he he played jazz because it was the thing at the time. but he said he's into all kinds of muse ex. he's officially retired now. but yeah. he has given me a lot of wise words through the years. >> what's important to you now? >> health. >> family? >> family. knowledge. wisdom. understanding. i'm always trying to learn. and i want to

rather than put it to use, they're getting an og with it as well. >> dr. dremon. >> gosh, yes. >> my days -- i was thinking, o.g., is it an ebitda? >> it's part of the pros, but at the help the stock. >> we're about assen cool as they get. >> you're a lot uncooler than i am. thank you, matt. we're talking doughnuts. we're talking numbers. >> don't forget about our mystery chart, the best performer, and by the way, their product might go well with a doughnut. stick around. ♪ ♪ drivers want to go further with their electrical vehicles. but you can't take a trip from lisbon to stockholm if you can't plan and re-charge along the way. the european commission is using cloud to make this possible. creating a single charging and billing network across 28 countries. so drivers can travel as far as they want to go and when they want to go. with all the opinions about stocks out there, how do you know which ones to follow? the equity summary score consolidates the ratings of up to 10 independent research providers into a single score that's weighted based on how accurate

also, the company dre purchased, beats, could include an appearance by dr. drehimself. >>> and scott and julie brusaw say these solar panels can replace all current panels in the u.s. plus, they're tough enough to withstand the elements. and they have lights where the drivers can be warned about upcoming hazards. scott says he wants to replace every highway and you roads in america with the panels. >> we would produce more than three times electricity as a nation. >> as of today, they have raised almost $2 million. that is twice their original goal. >> we're so famoused on what we're doing right now. we know that will happen. we'll make a difference in the world and hopefully in the next few years. >> the family says they hope to have sidewalk and parking prototypes working in their hometown by next summer and estimate it would take 5 billion 12 foot by 12 foot panels to cover every american road. >>> coming up next on abc 7 news at 9:00. you may have been seen a transporter on star trek before, but scientists say it is becoming a reality. we'll look at the amaz

beats by dre, the company purchased for more than $3 billion and that could include an appearance by dr. dre himself. >> an idaho couple's idea for solar panel road are have gone viral. the say they're tough enough to stand the elements of traffic. they include l.e.d. lights, meaning roads can be programmed to warn drivers of upcoming hazards. he wants to replace every road and highway in america with these panels. >> 28,000 square miles of surface area that could be covered. >> the couple first introduced their plan on earth day on the crowd funding site indy go go, as of today they raised almost $2 million, twice the goal. >> we're just so focused on what we are doing right now, we know that will happen. we'll make a difference in the world, and hopefully in the next few years. >> they hope to have sidewalk and parking lot prototypes working in their home town by next summer. he estimates it would take 5,000,000,012-foot by 12-foot panels to cover every american road. >>> up next, we'll show you a california program that is swooping in to save dogs and deliver them to new families out of s

beats by dre, the company purchased for more than $3 billion and that could include an appearance by dr. dreimself. >> an idaho couple's idea for solar panel road are have gone viral. the say they're tough enough to stand the elements of traffic. they include l.e.d. lights, meaning roads can be programmed to warn drivers of upcoming hazards. he wants to replace every road and highway in america with these panels. >> 28,000 square miles of surface area that could be covered. >> the couple first introduced their plan on earth day on the crowd funding site indy go go, as of today they raised almost $2 million, twice the goal. >> we're just so focused on what we are doing right now, we know that will happen. we'll make a difference in the world, and hopefully in the next few years. >> they hope to have sidewalk and parking lot prototypes working in their home town by next summer. he estimates it would take 5,000,000,012-foot by 12-foot panels to cover every american road. >>> up next, we'll show you a california program that is swooping in to save dogs and deliver them to new families out of sta

that's right dr. dre got $3 billion from apple.ly the first doctor to make any money since obamacare passed. [ laughter ] >> steve: ho! hey! woah! [ laughter ] dvd! >> jimmy: here's some more news out of apple. it's rumored that they're getting ready to release the iphone six in august, a month earlier than experts were predicting. [ cheers ] and if you want a sneak peek of the new iphone take a look at your current iphone and pretend it costs 200 bucks more. [ laughter ] whoa! this is awesome! [ applause ] it's heavier! [ applause ] here's some sports news. with their loss to the braves yesterday, the chicago cubs became the third team in baseball history to lose 10,000 games. [ audience aws ] the poor cubs. i mean they can't even win a a losing contest. [ laughter ] i mean, third place? come on. the cubs are so bad that the bobble heads of the players can only shake their heads no. [ laughter ] the cubs are so bad the only wave the fans do is goodbye. [ laughter ] the cubs are so bad that last time they won a world series the tea

i understand dr. dre might have made an appearance. >> he made a virtual appearance and cause -- asked what time he should show up for work. dr. dre gives it a little bit of cool. open for their app store to allow payment from virtual currencies. it was clear where they are heading. can -- you can download and pay with the stash of bitcoin. >> hans nichols joining us from berlin. >> asian stocks rising for a second day. we had data on services as well. david joins us with the details. what was the take away from the numbers? >> he means that things are stabilizing. they put out the numbers as you mentioned. than thettle softer initial reading. the take away is if you compared to april and keep in mind the official numbers we had yesterday. we did see a stark improvement. that was the biggest improvement . a four-month high right now which suggests that business conditions have improved on the ground. hsbc's reading is more focused. youaller sample size and look at private companies so does give you an ind

you have johnny now and dr. dre. culturally, what is happening at that company?ink it's interesting. dr. dre and angela ahrendts. that's interesting to me. does that work? >> yes, it does. you have to bring in new blood. they're looking outside for a pr person. i think it's going to be a big name, we've reported, that will be a different face. i think every company has to reinvigorate itself. you get used to each other, you know, challenge each other. if you bring in new -- and new people and you're willing to listen, i think that's a great thing. why not? >> finally, kara, yesterday you joined us to talk about the resignation of twitter's coo. you reported on that first and you have a new article on the winners and losers from that executive shuffle. who is winning and who is losing this morning? >> obviously, the two people who run media and ollie reghani who is the coo. i talked about disk costco being not a winner or loser, but it's crunch time for him. he's put everything on his shoulders. he's put all the growth and revenue on his shoulders. i think a winne

something they deteriorated for the crowd when he calls dr. dre the newest apple employee after last week's beat acquisition. on stage from his mac computer. >> is craig there? >> hey, how are you doing? this is dre. >> reporter: the other big announcement. the mobile operating system ios-8. it will allow programmers create apps aimed at home automation. but the news didn't go over well with investors. shares fell slightly on the announcement, many saying apple's success built on its devices. >> software is a key component because of the stickiness of the apple ecosystem burks in our view, it's not the overall driver of the pnl. >> reporter: most agree it won't be enough to send customers flocking to apple's stores, some believe it could be a signal of a bigger announcement later this year. >> when you look at apple, i think it's wetting the appetite for the main any e entry which i think will be iphone 6. ro that lines up when apple is expected to introduce its newest lean of devices. last week neq one of appetizing oom's senior executives says t

the fact that apple has to borrow dr. dres movement. but on the other hand, even though our images are desegregated. what we're talking about today, wealth gaps, education gaps, health gaps, disparities in kars ration, policing, sentencing. there's much more segregation of black and latino students and much more racial igslation sola white students than we have seen in decades. >> khalil, here's my one question. on one hand jeff is pointing to the transactional problem. but on the other hand, one of the thing es we talk about is to assign african-american texts on syllabi to engage with the art and cultural world of people of color and of people around the world. talk to me about the difference between our concern about the transactional versus the engagement with culture. >> it's a great point. culture is the most fluid of ways of communicating with each other. it's the foundation for a universal language. and it's why the cultural turn has been so incredibly rich and has attracted so many brilliant people to academia and th

number two, lebron james, dr. dre number three after his company, beats was bought by apple oprah fell with a mere $82 million. >> in wisconsin, are you ready? a dog named tucker coughed up a treat. his owner had lost her wedding ring five years ago and thought she'd never see it again. two weeks ago she noticed tucker had gotten into the box and eaten a popsicle. the dog, as they do, got sick. and when she was cleaning up is, she found the ring. >> looked on a paper towel. here is my wedding ring. i kid you not. he is big dog on campus, my hero >> his vet says it may have dislodged that ring. despite his crime as a jewel thief his owners say all has been forgiven. x rays showed there are no more treasures in his belly. . >> i heard they're doing okay in spite of that. oh, my gosh. all right. still ahead political battle of the border. plus... >> i have become my own worst enemy. >> he's back. what mayor rob ford had to say after spending two months in rehab now back on the job. >> plus, caught on video. two conductor

the ceo got on stage with his mac and called up dr. dre on stage and he said welcome to apple.s a very cute moment. dr. dre responded by saying something along the lines of what time do i have to show up to work. and also as expected announced ios 8. those are interesting features as well. also something called quick type. so predictive typing suggestions will help you predict what you want to say depending on who you're messaging. and then, the much anticipated health kit. it's a profile of your activity, your heart rate and it's really storing all of this valuable data about your health that you're collecting from third party devices and you can share it easier with your doctor. and family sharing. you can find where your child's iphone is, and if your child tries to buy an app, you can get a push notification. that's what we have got right now. i will keep you updated. >> it's a pretty big deal. if there is anything else, let us know. >> coming up, taking the art of the selfie to new heights. this world traveler managed to snap this photo and i get to talk to him in just a c

. >> reporter: they called dr. dren talked health care with a new app to monitor your health. >> everything from monitoring your heart rate, to your weight and high blood pressure and diabetes. >> reporter: apple holding off on any sexy new hardware in favor of a new california-themed operating system. >> we discovered os-10 yosemite. >> reporter: and new apps which will let you keep track of your home, a monitoring system, ale calls home kit to lockdown your in-house funks. >> you can say something like get ready for bed and be assured that your garage door is closed, the thermostat is lowered and your lights are dimmed. >> reporter: and one of the more popular things to do with your mobile devices, design and play games. >> i can paint the petals on the tree. and they start falling to the ground. there are about 5,000 petals here being physically simulated. and i can interact with them to blow wind. >> reporter: hinting at what you'll do on future projects without letting you see them just yet. you can come to the co

with earnings over 1550 million, and lebron james, dr. dre, oprah and ellen degeneres.p next, supreme court hands catholics a victory. >> catholic lead president bill dodonohue, my next guest. i had no idea i had shingles. there was like an eruption on my skin. red and puffy and itchy and burning. i'd lift my arm and the pain back here was excruciating. i couldn't lift my arms to drum or to dance. when i was drumming and moving my rib cage and my arms like this it hurt across here. when i went to the doctor and said what's happening to me his first question was "did you have chickenpox?" i didn't even really know what shingles was. i thought it was something that, you know, old people got. i didn't want to have clothes on. i didn't want to have clothes off. if someone asked me "let's go dancing" that would have been impossible. lou: on wall street stocks closing out second quarter mixed, dow down 25, s&p down a fraction, nasdaq down 10, volume 3 billion shares but it was a super month for stocksing all three indexing moving higher. >> joining me now president of catholi

they called up dr. dreofounder of beats electronics, so a big focus on streaming and seamlessness at apple. another interesting thing about apple today as we were watching. if you see these developers gaining more access and trying to build more apps for consumers from the apple platform, that is it egg goal for apple. according to the "wall street devices.80% of all cell phones apple is a minority for those trying to encourage developers to build more for apple. gerri: when are we going to see these new devices? jo ling: there was no hardware today. we could see the iwatchcome out this fall. not much focus on the ipad as they are losing some of their appeal as phones get more powerful. gerri: interesting stuff, have fun in san francisco. >> thank you, i will see you soon. gerri: now we want to hear from you. should america stop using coal? absolutely not. they have a lot of hard-working americans in the coal industry, leave them alone. and posting this, we should consider this but only after we put in plac

dr. dre. why did these trade is a tract your attention you did flag at the time as we look at the april calls and volume around those trades? >> in february, as you can see, scott, relatively nothing going on leading to mid-february. all of a sudden, a huge spike in volume. this huge spike in volume is what drew our eyes to it. around that same time, carl icahn comes in and says he has a 9.1% stake in clorox and with an activist investor like carl, with his track record as good as it is, people started piling on. >> now we look at july when things get really interesting. >> now, they get really interesting, here, days before exploration, they were buying april calls several months into the future, when you're buying something with only four days before expiration, you must know something or think you know. people were buying these options around here for 10 cents. these options went all the way up to $4. as far as leverage, you don't get better leverage than that. this was an absolutely explos

. >>> dr. drease of the estate built by tom brady and gisele bundchen. >> he paid a cool $40 million for the five bedroom, nine bathroom mansion and its surrounding grounds. of course, he's selling beats electronics to apple for $3 billion. so i guess he has that kind of cash. dre got a deal on it. it had been listed at $50 million. he got a deal on it. little cheaper than that. >> that's quite the pad. >>> here's a look at which celebrities are celebrating a birthday today. indy rocker, lori anderson turns 67. >> kenny g., he's 58. the "g" stands for gorelick. did you know that? >> i did not know that. >>> singer turned rapper turned actor mark wahlberg, marky mark and the funky bunch for those that grew up in the '90 turns 43. >> and actress liz wiel of "the gilmore girls" turns 47 years old. happy birthday to everyone. thiswatch lime-a-way power wer. through this block of pure limescale! now, let's see it in action. tough hard water build-up? gone. no scrubbing! turbo power destroys it! lime-a-w

craig demonstrate that had technology by calling dr. dre and employee after that beats acquisition. craig telling me the idea is to eliminate barriers. apple also unveiled, of course, ios eight, new mobile operating system. new features from messages and searches, also though, kelly, some new services. you have health kit. this is where apple's big push is for help and fitness. what health fit does is pull in data from third party applications and put it all together in one place so one source for your health and fitness. apple announcing its partners will be nike and the mayo clinic and really is sort of suggesting that perhaps this long rumored iwatch could be on the horizon. we'll have to wait to find out. in the same vein apple announcing that home kit, a home automation platform, the idea would be you would use your iphone to control your home, your lights and front doors, your garage doors, there's no hotter topic in silicon valley, and the idea of the smart home, google moved into it with the $3 million acquisition and cisco talked a

was, other i need to get rid of this really thick accent and i need to talk like charlie rose and dr. drelk white and black, so no one would ever think i'm not from here. this is why, by the way, you just mentioned municipal i.d.s here in new york. people forget to be undocumented in this country means your whole life, you're obsessed with pieces of documents. >> show me what you have. every time someone asks you for an i.d. -- >> my only i.d. -- because i fly. people like me are not supposed to be flying, right, so i'm flying with my passport that was issued by the philippine government to me. after i outed myself as undocumented, my driver's license got revoked from washington state. i can't drive right now. is there anything more american than driving? you all know undocumented people drive, by the way. which is for me, the fact we have such a standtill on immigration reform, right, how can states and cities like new york alleviate the struggle? there are 500,000 undocumented new yorkers in new york city alone. >> half a million -- i have so much i want to talk about. i wish i had -- t

they are the boat by dr. dreand you can tune out the people in the paper and sipping all of your songs. ♪ let it go, let it go. >> and you block out people and embarrass your kids at the same time. it doesn't let the voices and noises in and a wonderful sound. >> all right. we'll have to leave it there. terry sullivan, consumers reports, thank you so much. and he said to load your music on your equipment. fox report is coming up. jow julie is coming up. have a great night. so you. so why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain... it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience a sudden decrease or

basically, melissa, only most exciting thing that happened here is called dr. drech allows you to call from your mac. melissa: let me ask you, when those folks are standing around to go in and there is always a lot of buzz about what to expect. what was the chatter? >> well, there's a chatter about the feature i-beacon reported on in the "wall street journal" this morning that would allow you to move about indoors and basically have a gps indoors. it might help you find a parking spot in a parking garage or auto tour at museum or pay for bill at restaurant. we haven't heard anything about that. they're maybe hoping for home products. what is interesting is a lot of tweaks and improvements they're talking about here today are actually what some companies are developing as apps. there is a bit of a conflict as well. melissa: jo, thanks so much. let's bring in spencer of the ante from "wall street journal" and our own adam shapiro. people go to these things and expect something. they get dre -- >> your fashion geeks but geeks rule the world these days, you know that.

mansion was sold to dr. dre for $40 million. $40 million.illion might sound like a lot of money, but remember he's a doctor. [ laughter ] he's doing very well. doctors do very well. [ laughter and applause ] and finally, this is a weird story. this week a man was sentenced to three months in prison after smuggling bones that belonged to a t-rex. and just a word of prison advice -- don't tell the other inmates you're a bone smuggler. [ laughter ] ladies and gentlemen, this is the 8g band. [ cheers and applause ] ♪ [ cheers and applause ] >> seth: 8g band, how are you? it's great to see you, lovely to have you here as always. we have a great show lined up and before we get started, one thing we like to do when fred is away is have special guests sit in with the band. and i am very excited tonight because sitting in on french horn is martin short. [ cheers and applause ] >> thank you. thank you. thanks so much for having me, seth. >> seth: it is an honor to have you here. i mean, you are a real hero of mine. and i know this might be sappy, but

for example, the organizers have banned world cup players from wearing beat withs by dr. drerival sony is an official sponsor of the competition. so what does beats do? they figure out a better way. they came out with a highly-produced sort of guerrilla advertising campaign, and it features some of the world's top soccer stars outside the arena but wearing beats headphones, appearing to be walking toward an arena to play a soccer game. this commercial has already gotten millions of views on youtube. ♪ ♪ ♪ ♪ liz: so this is five minutes long. doesn't look like it was that expensive to produce be, i could be wrong but, you know, shorter version is being aired in nine different countries, five languages. beats is not the only big name with a viral world cup ad campaign, of course, nike taking on official sponsor adidas with its risk everything videos. so what's sony doing? no, it is hitting back at beats by giving all the world cup players a free pair of its headphones, but so far few players have been seen wearing them. let's check on the stocks that are involved here. we've go

they showed that off with a little phone call to dr. dre$3 billion deal we saw go through earlier this month with beats electronics. but what is so interesting tim cook took the stage and took a couple of shots at android, which by the way dominates 80% of the smartphone market. here is what he had to say? >> if you looked at a broader group, over a third of their customers are running a version of android from four years ago. that's like ancient history. [laughter] >> developers really liked new language that was made available to them, a new programing language which analysts are telling me will allow them to build more apps, more quickly for apple which is always good for the iphone market itself. and also, liz and dave, the star of the show, craig, the senior vice president of software engineering stole the show with the demos. really being able to identify with developers as they look ahead for hardware work this fall. david: still didn't turn on investors. the stock came down as a result of that. >> that's true. david: we'll see what

---dr. dre. [bl ris] ur iuran,becse wt yo dot kn canurt u.atarme,we ke at clisis wi wilife e ro mayot bcoved? and at y cou be ableor y acdenton yr prerty thmoreou kw,thbett youcaplanor . e ro mayot bcoved? drive times are up over 18 minutes now getting out of hayward. over to sam a tale from expect us right to stay sluggish like this. fitch could actually be like this for the next hour and half of course it's always a roll dice for 92 years. the south of they were still jammed the phone 101 here. heading north. we've had the accidents and the south san jose. a sure that any moment. here are the problems here. teddy creek 3 backed of the traffic through morgan hill on 11 north bound. emergency vehicles there still haggling block free to the bay bridge toll plaza in the westbound right back up into the macarthur maze 22 to 24 minutes now to drive time much better day for me. no longer tracking any problems due to a sickout running normal service reporting on the lace >>: >>darya: good morning gary. the >>gary: >>: i don't think my motivation is

one thing i wanted to point out with jimmy iovine and dr. dre is that they are geniuses.re cultural geniuses. what they had done for so many years, they connected with the right company. and it's all about the legacy of steve. convictiond of iron do you have to have to be one of those breakthrough innovators? first few days, people thought you were making fun of them, and then teachers were teaching courses on it. >> i do not write self-help books or anything like that. [laughter] you have to be able to take the lashes of people not understanding. two years of people not interracialg relationships. the pop world meets the art world. you need to be able to swim in backlash. alot of times driving to get bad rap for saying i could do creativeswe are the with teeth. we know that the idea is more important than our personal wellbeing. that is a lot of why i will say things that are not for my personal well-being. if you're creating to make your --e better, that a selfish is selfish. -- ba-- i getch create somuch, but much. if you're a boxer, you will get hit constantly, but yo

adam: also we know dr. dreit came to the beats/apple deal, but the sale was also music to one athlete's ears who made a very pretty penny. guess who, next. liz: and while the world cup gets underway here on earth, astronauts from the international space station have been laying some soccer as well. how cool is that? did you go entirely -- didn't go entirely as planned. more when we take you off the desk. a little pele action. ♪ ♪ humans. we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back, offering exclusive products like optional better car replacement, where if your car is totaled, we give you the money to buy one a model year newer. call... and ask an insurance expert about all our benefits today, like our 24/7 support and service, because at liberty mutual insurance, we believe our customers do their best out there in the world, so we do everything we can to be there for them when they need us. plus, you could save hundreds when you switch,

it is not a one off that you would have dr. dre and jimmy selling a product to apple.ors have to be the artists. you cannot just have an ad exec here. theyyou look at air b&b, are led by design people. this is what he says the he thinks the internet could be. >> the internet is our new rome. besttit is time for the visual artists, the best content creators, to be in power. >> he is saying this is our opportunity to take the internet and make it significantly more beautiful. he loves instagram. in large part, they're so much chaos and noise. this is a chance to clean it up. he compares himself to steve jobs. he believes that he could be that for culture, music, and art. he has now partnered with jay-z. he had a good partnership with samsung. what is kanye west doing in cannes? he is selling his style. >> all right. thank you so much, great job. stephanie covering the conference in london. >> what is this about rex ryan? he has lost a lot of weight. >> a ton of weight. >> this is an exclusive of the day. >> he had surgery. he came back last season looking a lot thinner.

. >> reporter:he arranged a phone call with dr. drew calling from a mac feature. nats - dre. >> reporter:and when he introduced the new name of their mac operating system which is yosemite >> reporter:he first made fun of the whole naming proccess and joked about what the new operating system was almost named >> pam: we had whose net ♪ ♪ turn around ♪ every now and then i get a little bit hungry ♪ ♪ and there's nothing really good around ♪ ♪ turn around ♪ every now and then i get a little bit tired ♪ ♪ of living off the taste of the air ♪ ♪ turn around, barry ♪ finally, i have a manly chocolatey snack ♪ ♪ and fiber so my wife won't give me any more flack ♪ ♪ i finally found the right snack ♪ ♪ battng as cabe tgh.anfrusatin ♪ i finally found the right snack ♪ but no the's aetteway. introducinthe rst-er id denseyste it attacks theugs u se corols.theugsyou n't see... and even... keeng gs o. the ra defse stem. get e aners.eat e bu. raid. lls gs dd. scjohnn. aamilcompy. (male announcer): this is the bay area news station, kron 4 news starts

. ♪ >> he claims he is the first billionaire to make his fortune in hip-hop, and dr. drerning to real estate. he put his hollywood hills mansion on the block for $35 million. he bought a four years ago for half of that. spent $40is month he million formerly owned -- on a mansion formerly owned by tom brady and gisele bunge and. he is the ceo of beats electronics, which apple agreed to by four over $3 billion. you we have the top 10 trade you not want to miss after this break. ♪ >> first. bloomberg. >> welcome back. you are "in the loop." i am betty liu. it is 26 minutes past the hour. bloomberg tv is on the markets. senior markets correspondent julie hyman has the latest on futures right before the open. we halted a four-day winning streak for the sdi -- s&p 500, and it looks like the declines will continue. the world bank is cutting its global growth forecast from january two now. getting less optimistic obviously. the world bank is talking about slower growth in the u.s. as well as china, russia, india, and brazil, the so-called rick company -- brick countries. saw the

next, lebron james, number two, and rounding out number three, music producer dr. dre called beats to apple. and he made the most money out of the anybody this year. but he was 62 last year, and now top three. >>> and then also burning up the heat index, a blockbuster night at the b.e.t. awards. the stars out in full force, and the hi lair rous chris rock hosting. we were behind the scenes. take a look. >> everybody's here tonight. >> red run -- >> you are nominated? >> i am. going to be a fun night. >> we have a whole lot of superstars in here tonight. >> reporter: non-stop surprises -- ♪ and endless jokes complimented host chris rock. >> i thought it would be appropriate to give out some roscoes chicken and waffles. >> reporter: the b.e.t. awards packed with energy and, of course, style. we talk about the hat, but let's talk about the shoes. >> sam smith, and i draw on them. it's diy. >> reporter: you have to bring it. >> can't go half stepping. >> reporter: look at the shoes, nelly. those are stunners. pharrell kicking things off on a high note with missy elliott. a

>> dr. dre. you can see this strength across media and music and all the different components.nt that is open for them is a social. >> should they buy twitter? >> i think twitter is doing an incredible job with starting to assert itself as an independent company. they have a lot to do in 2014 and if they don't do it, they belong with apple. >> apple, not google -- that is a huge debate. the design level, social dna, neither google nor apple have a lot of that. >> we need to spend some time on twitter and apple. john borthwick with us as well. in france -- i think he is in paris, lending the today -- jeffrey immelt lending to promote a deal with alstom. good morning, it is "bloomberg surveillance >> good morning, everyone. "bloomberg surveillance." i am tom keene. with me, scarlet fu and adam johnson. our guest host john borthwick. >> prosecutors are widening their investigation into the foreign exchange trading industry. according to people familiar with the matter, the justice carmen in his interviewing salespeople of the world's biggest banks, looking into whether they traded