emily: jack ma sent a letter to shareholders a couple of weeks ago, rattling investors, talking about alibaba needs to transform. it's not enough to be an e-commerce company. what does that mean for your job? >> we have to think about the way retail will change in the future. i think people may have misconstrued his letter. the retailhange of model in the future he is referring to. emily: we have tw investors on the stage yesterday who said china is in above all, there is a massive collapse ahead of us. the banks have four times as -- assets ascents the u.s. did before the financial crisis, there are billions of square footage of real estate not being used. is china in a bubble, can the economy continue at the pace it is? a bubble.s not in the economy is slowing but not slow. the combination or the components of the economy are changing rapidly from investment in old industrial, manufacturing , to services and consumption. there are too many points that were raised yesterday when i was not here to discuss them and in isolation, but what i would love to do is get both the gym and kyle

and ma it awesome. emily: are you afraid enough of snapchat? emily: tell me about the moment or the transition where you began to contemplate selling the company or became more open to the idea. kevin: this was four years ago. we were in a very different place. it was 13 people, i was four years younger. didn't have as much experience as a ceo. when i look back about the decision to sell to facebook, i think the pros of it are that we got to pair up with a juggernaut of a company that understands how to grow, understands how to grow a business. has one of the best management teams intact and we got to use them as a resource. that is the hope and the dream and like most acquisitions, they don't work out that way. when you look at how it acquisitions have failed, others have left abruptly after selling because of culture clashes, changes in vision, whatever, misalignment. we have been able to do this for now basically over four years and that is what is awesome about that decision. i think we got a little lucky, meaning like a lot of people would

que categorÍa impulsarte, basta, ya no puedo mÁs, decidiste transformar tu vida. emilytodo lo que tu familia toca se queda con ellos. asegúrate de que los gérmenes que traigan a casa no se queden. usa productos desinfectantes de clorox. porque nada elimina a los gérmenes mejor que clorox. presentadora: que es mociÓn porque este jueves 17 es la entrega de los latin grammy. los queremos invitar a que nos acompaÑen porque comienza la del mÁs felicidad a quien despierta amÉrica donde comenzaremos a celebrar las fiestas navideÑas. johnny: nos acompaÑarÁn wisin, los chicos de gente de zona y laura pausini. karla: queremos invitar a toda la gente de las vegas porque mi querido alan y su servidora seguimos para allÁ. entonces el miÉrcoles, jueves y viernes completamente en vivo. acompÁÑenos. will: yo voy a estar con ustedes en la maÑana. alan: mÁs te vale que madruguÉ, mi hijo. will: vamos a regresar lo que estÁ opinando nuestro pÚblico de la entrevista que dio donald trump, cambiÓ su opinión no deber su entrevista como presidente electo el 75% de las personas dijeron que no ha

emily: so, alibaba coming up later this week. we have a letter from jack maareholders that alibaba will have to differentiate itself more from regular e-commerce companies. you have to be something more, which rattled investors momentarily. recent.day was cory: it was fake. bob: it's a fake. cory: they sell it over the course of many days. they already have pr people out there. it is the biggest shopping day of the year. they might record them in one day but it happens over time. that is exaggerated by their accounting. emily: let's talk about the actual results and the efforts to be more transparent. are they actually more transparent? cory: i'm unaware of said efforts. it would be good of them to be more transparent. i don't expect them to do so. bob: i think this investment will be interesting longer term because it puts them in an amazon-like position because they have these content services as well as that. the only question i have is we have heard some rumblings on the issues of the chinese economy. does that start to impact than a little bit? my guess

ma he was granted a new sentencing trial on appeal. federal prosecutors rested their case on thursday of last week after family members of those killed took the stand. emily: family members of those onboard the doomed malaysia airlines flight 370 will help search for debris. investigatorso far have identified six pieces of wre wreckage they believe came from the plane that disappeared in march 2014. loved ones will head to madagascar to search for clues as to what happened. beijing. randy: the remaing hospitals in a war-torn city have stopped providing treatment after being damaged by bombs. the world health organization says the hospitals in aleppo included two general treatment centers and one for children. it's unclear if they'll be able to reopen. humanitarian agencies believe the attacks were deliberate. emily: protestors face off with police in north dakota over a controversial pipeline project.o enforcement late yesterday as they tried to cross a bridge on a state highway. it's unclear how many people were arrested. demonstrators have protested the dakota access pipeline for months, saying it could pollute drinking water near tribal land. attorney

emily: moving on to alibaba which reports before the start of trading on wednesday, were you expecting -- this is a company that says they are trying to bring investors more transparency? jack maetter that sort of rattle investors talking about how alibaba needs to make a transition -- it is competing with every e-commerce company in the need to distinguish themselves beyond that. peter: that's right. alibaba has pushed to move beyond the traditional e-commerce business they have. they bought a company in southeast asia that does e-commerce and that's one of the potential expansion areas for them and they are moving aggressively into the cloud business following amazon possibly then using the servers they have to deliver crowd services. now they are trying to move those services in china and offer them to others and us this -- this will give us an insight into whether that high-margin business is succeeding. emily: i sat down with the alibaba president a couple of weeks ago and asked from the outside, you see gdp growth and greater concerns about the flatness of the chinese economy. it may never grow as fast as a once did. yet you have alibaba saying the chinese economy is sti