here is what you know about eric schmidt. you know he is the chairman of google, and you know that he has been at the forefront of the digital revolution. what you may not know, he is the source of very big ideas about -- aboutnew digital what the new digital age will look like in his new book. you also probably do not know that he joined new america before he joined google, and look at us but now. small difference in growth, but we are getting there. know thaty not also he may be the only man anywhere who was a mentor to both me and sheryl sandberg. you know that he told her to look for growth potential, and it has worked out extremely well for her. i talk to him right after i came back from the state department, working for secretary clinton, went back to princeton, asked about being an entrepreneur. he said it really is a full-time job, and here i am. so it is my great pleasure to introduce eric schmidt, and he will introduce secretary clinton. i should say former first lady clinton, former senator clinton, former secretar

eric schmidt told the company's annual shareholder meeting that they struck the wrong balance between the right to know and the right to be forgotten. criticizelarry page what he said was an extra layered of regulatory complexities. although google had the resources to deal with it, this would make it harder for internet startups to succeed and make it easier for to radical regimes to sensitive civilians. but the law only applies to search engines with business headquarters in europe. results can still turn up on websites operating overseas. stocks inbaking general took a beating in european trading this friday. the wall street journal reports the u.s. is seeking $10 billion in fines. it will be one of the biggest penalties ever. just to put it in perspective, the profits last year amounted to four .8 billion euros right about $6.5 billion. with sanctions on iran and cuba, currently negotiating with u.s. officials and the talks could last for weeks. on top of the potential of a steep fine, the wall street journal is reporting american authorities are considering blocking bnp from movi

up next, jared cohen and eric schmidt discuss "the new digital age." then at 7:45 p.m., lauren -- [inaudible] talks about the many political causes taken up by upton sinclair over his life including his unsuccessful run for governor of california in 1934. at 9 p.m. eastern, burton folsom is on "after words." mr. folsom details the best and worst government investments and bailouts from the days of george washington through today. at 10 p.m. eastern, barbara ehrenreich talks about her quest as a child to find out the truth and we wrap up tonight's prime time programming at 11 p.m. eastern. iraq war veteran phil clay discusses his collection of short stories about soldiers' experiences at war and back home. that all happens next on c-span2's booktv. >> booktv continues with eric schmidt and jared cohen. the two talk about the updated edition of their book, "the new digital age," in which they discuss nsa spying and current state of internet security. this is about an hour and ten minutes. [applause] >> thank you. well, it is really exciting to be back at

intel ceo, hel of handshake noe a recruit between eric schmidt and myself."is startling just how blatant it is. speaks to the unique hubris of silicon valley. in a very short time, they have become billionaires and i think it's fair to say they don't think the ordinary rules, whether it is the rules of antitrust or financial gravity, applied to them. this is perhaps the best illustration we've had so far. they wouldwould say pay just to have the opportunity -- theart of the reason why very talented workforce puts up with that condition is because the jobs are so sought after. a lot of these people are making well into six figures. it's not like anyone year was having trouble putting dinner on the table but it does not mean they should be exploited. >> you can read the full story in the latest edition of "bloomberg businessweek." buffett annualen shareholder meeting this weekend. we discussed the latest deal. the big 40. we pay tribute to the rubik's cube on its 40th birthday coming up. ♪ >> this is "lunch money" on bloomberg television. we are fully mobile on

eric schmidt says europe's top court got it wrong when it ruled the search giant should be forced to erase certainly experience ounce must be shocked between the right to be forgotten and the right to know. david drummond says google is still studying the decision. going fullr force is throttle to get spacex certified to launch military and by satellites. it is sending about $16 million and using 100 million 100 million people to get it certified. last month, they said it had illegally shut spacex out of the bidding for a launch contract. ebay is launching new websites targeted to latin american shoppers as it looks to cash in on a growing region. they will be in spanish and portuguese. it has been pushing latin american markets in russia. to our lead story of the day, in disruptedous meeting by protests, the fcc has voted to advance their chairman's new net neutrality that would create internet fast lanes and leave -- open the door. vote opens the proposal to a 100 day public comment time. protesters are demanding the internet the regulated. two republican commissioners allnd to no

not just eric schmidt, steve jobs did the same when he was alive. a week ago ge, jeff immelt said on want to invest in gold because it is the hottest technology around world's. he is right. these business guys understand at some point that business comes first. stuart: a number for you, important number. 10,996,000 to be precise, that number of people collecting social security, disability in april. that is the record. the numbers up from $8 million on disability when the president took office. charles: i have been talking about it for a long time. it easy to be a drop out nation. it is easier and easier to say i will step away from the idea of self improvement, getting in labor force, and and getting headaches, and i am strong as an box. i can do anything but i am so broken down like a scene from patton you want to smack these people, we're giving them a check. stuart: another number relates to what you were talking about. this is a number from express employment 4ut? of the unemplo erode, and crisis how judge andrew napolitano is here. it seems to

. >> eric schmidt believes there's a culture and they claim that they don't do any kind of manipulationat all and we don't have any proof of that. >> the best thing would be for them to pay attention, especially those on the right there that are so far behind and so focused on the turning out this and there's a lot that can be done in a positive way. at the same time we can learn a lot about how we can target voters who might not otherwise we on our team. >> was also interesting is looking at these different ways and who you're friends with stillness go to another product, breaking down and it costs only $152 to make, so they want to charge $1500 and it's up to you. >> there's a lot of nonmaterial. and there's a lot of nonmaterial that goes into making these products may far outweigh the material and actions are it's a kind of a false sense just to add of the physical stuff involved sumac had lawyers come engineering spirit there's a lot that goes into it. the capabilities and i think what is most interesting is we are talking about technology and what it means and earlier in the show w

. >> your able to build a network of friends like eric schmidt. he made sure that he invited you.at kind of thing. you have people who have been enormously successful in silicon valley as your good friends. >> yes. they have been investors. i've been fortunate because i was working at a startup, and they were people that i build credibility with. i was working with this startup. when it came to building peek i was able to approach them and talk about the things we're going to do there. a were excited about the disruption and the fact that can do this stuff with mobile. they became tremendous helpers and have provided essential advice. >> what about the huge travel companies, why can't they say we are booking these things? why can't we go into the activities market ourselves? why do we take customers away from you? >> it makes a lot of sense for people to do that. large companies tend not to be innovative. we have that edge. as more and more merchants use the peek platform it is make sense to go on something else. >> ken said that the one thing startups don't have, the best technol

besides nu as many, the who's who of the tech world is on board too, eric schmidt of google, sheryl sandberg from facebook and mark of sales force. the money race. honda, 3.7 million, that's for the primary. >> said i'm not saying any special interest money or no lobbyist money or a concrete plan for how to create jobs. >> check analyst at silicon valley aren't listening. >> so we have a lot of money and young money here in the valley that is looking for something that's a bit younger, more dynamic. somebody to understand the problems of this century as opposed to the problems of last century. >> reporter: betty, kpix 5. >> congress is trying not to be outdone he's hosting a high school mobile app boot camp on tuesday afternoon. he recruited big wigs from some of the tech companies to help students really trying to push that whole arena, so if you want to the santa clara stadium. >> the 49ers and their former superstar joe montana, a situation that could put them at odds with one another. the former 49ers star surrender the terms of the agreement and a santa clara has to come up with a certa

i remember, as i was talking wants to eric schmidt, google was arranged functionally, and he said there are some companies that go functional/divisional, divisional/functional, back-and-forth, and in the end, it does not matter. there is always a drawback. it is important to know what the drawbacks are, work around them, but not spend too much time reorganizing because you're not actually doing anything then, right? if you convince yourself you are doing something, but it is not moving the users forward, the product forward, the business forward -- the centralization of mobile, when i got to yahoo!, mobile was everyone's hobby had everyone did a little bit of it, and it was no one's job. literally no one's job. one of my early cafeteria conversations -- i like the cafeteria. i have the best conversations there. this guy tony walked up to me on day four, and i said what you do, and he said he was a mobile engineer. i was new. i had talked to the board that i was excited about mobile and i thought it was a huge opportunity, and i said great, we have a mobile engineering team, and i said h

melissa: talk about getting leaked e-mails between nsa director keith alexander and google executive eric schmidt, should the government and silicon valley, e-mails dating back to 2011 shed some major light on secret meetings between silicon valley ceos and the national security agency despite what they led us to believe. what is everyone laughing at? quite a graphic. james freeman and jonathan honig are with us. this is quite serious. what do you think? >> it is chilling. over ed decades, the government going after the real enemies of this country, militant islam and jihad has been targeting americans. pretty much under the board, they have been deceitful about it. they're looking for our e-mails at reviewing google searches, not doing anything to make us safer. melissa: let me be devil's advocate. i talked on background of some of the ceos about this and they say we are working as partners to try -- it makes logical sense, the government is our customer, our partner, we are helping them track terror, they see it, they are surprised by the fact that everyone is horrified and pretending they are

. >> rose: you've been able to build too is a network of friends people like eric schmidt when we did a conference we made sure we invited you because you recommended as a great dear close friend of his. that kind of thing. you have people who have been enormously successful in silicon valley as your good friends. >> i've been really fortunate because i was working at a self help which jacknded up investing in. so they were people i built credibility with because i was watching this and when it came to building peek i was able to approach them and talk about the idea in the things we were going to do that and they got on board immediately. they were very excited about the disruption and the fact we could do this stuff with mobile and so they came on board and there's been tremendous helpers and has provided essential advice for us as a great company. >> rose: what about all those huge travel companies. they can't simply say we're already book all these things, why can't we simply go into the activities market ourselves. why do we take customers away from you. >> so i think it makes a

up next, jared cohen and eric schmidt discuss "the new digital age."en at 7:45 p.m., lauren -- [inaudible] talks about the many political causes taken up by upton sinclair over his life including his unsuccessful run for governor of california in 1934. at 9 p.m. eastern, burton folsom is on "after words." mr. folsom details the best and worst government investments and bailouts from the days of george washington through today. at 10 p.m. eastern, barbara ehrenreich talks about her quest

so now with the recent revelations by eric schmidt has excellent reporting that the united states haseen secretly expanding military assistance to niger andmali and whereby the united states last year established a separate drone-based it has been using for overflights into molly -- all of this confirms that expandingis was about military operations on the continent. to some extent, some of the governments, as i have written about and researched, are open to this kind of cooperation, especially with this sort of crisis. that presents a real problem or you have governments of questionable legitimacy. this is where the grassroots organization that your guest is outlining are so important. and the only other time in recent memory that this happened in a significant way other than occupy nigeria was in 2010 from just before the 2011 elections. and the government at that time was very responsive as well two grassroots pressure. there is a new wave of grassroots pressure among the organizers, the original organizers, of the #bringbackourgirls. for example, they have a change. com petition.

home to likes of tech titans paul allen, eric schmidt and meg whitman. >>> first time the u.s.nce to become the world's largest wine market. wine could r consumption in the united states fell by half a percent while fell nearly 7% in france. i guess they're drinking a lot of beer over there. that is today's "speed read." liz? [buzzer] liz: coffee consumption is growing at a rapid pace but drought in brazil and coffee fungus in central america crippling coffee production and skyrocketing prices. how are luxury brands dealing with short supply? david: next we talk exclusive i wily chairman and ceo, an drea illy. liz: one company takes advantage of america's love of flavored sparkling water and expected to hit one billion dollars in sales next couple years. the ceo of talking rain. you might not have heard it but you will. they're growing dramatically. a "first on fox business" interview. tate brand is all ready the brand of the year. berkshire hathaway home services. good to know. my dad has aor afib.brillation, he has the most common kind... ...it's not caused by a heart valve p

as eric schmidt knows, the personal computer revolution needed more than one or two people in a garage. it needed silicon valley. networks of public and private universities, investors, competitors, collaborators. it needed state and local governments that invested in the future and human potential. it needed a culture of risk taking and creativity. this story about the link between strong communities and the american dream goes very deep. one of the first great observers and chroniclers of america was alexis de tocqueville. he traveled across the new country of ours in 1830's, learning everything about this radical idea called democracy. and the men and women who made it work. he was amazed by the social and economic equality and mobility he saw here, unheard-of in the aristocratic era. and by what he called, our habits of the heart. the everyday values and customs that set americans apart from the rest of the world you read it found a nation of joiners, clubs, congregations, civic organizations, political parties, groups that bound communities together and invested those famous rugge

as eric schmidt knows, the personal computer revolution needed more than one or two people in a garage. it needed silicon valley. networks of public and private universities, investors, competitors, collaborators. it needed state and local governments that invested in the future and human potential. it needed a culture of risk taking and creativity. this story about the link between strong communities and the american dream goes very deep. one of the first great observers and chroniclers of america was alexis de tocqueville. he traveled across the new country of ours in 1830's, learning everything about this radical idea called democracy. and the men and women who made it work. he was amazed by the social and economic equality and mobility he saw here, unheard-of in the aristocratic era. and by what he called, our habits of the heart. the everyday values and customs that set americans apart from the rest of the world you read it found a nation of joiners, clubs, congregations, civic organizations, political parties, groups that bound communities together and invested those famous rugge

. >> what you saw mainly were eric schmidt out there. >> what you saw mainly are individuals.ut firm rules of the road, internet service providers can do as they wish going forward. he was making the same case as many of the advocates. >> thank you for bringing us the breaking news. peter cook, fcc moving forward with a proposal to allow more internet fast lanes. that is now open to a 100 day public comment period. youranie, i want to ask question that has nothing to do with the fcc. >> i am excited to see you in a skintight spandex shirt. >> on that note, we are going to take a quick break. >> hopefully a quick commercial because way until you see eric in this getup. it is pure hotness. ♪ >> welcome back to market makers. it's time to go on the markets. we are in the red. >> we are in the read in part because of some disappointing economic data. price index rising the most in almost a year. it has been years now that we have heard people raising red flags about quantitative easing. maybe some ammunition for those critics, but there is a sharp sting shin between what is s toen

capitalist based on welch aren't anyone in real life but cameos feature google executives like eric schmidtf big tech. did you find that there was a lot of curiosity in silicon valley as to what you were up to? >> yeah. >> do you think they were worried? >> maybe. >> should they be worried? >> they have so many billions i don't think they worried about hollywood too much. thank should be worried about what they think of us. >> hbo has already renewed silicon valley for the next season. it's begun filming last month. >> it's a new one for me. >> it's interesting. judge actually thought about doing this show back during the tech bubble back during the late '90s but, of course the bubble broke and he abandoned the whole idea. it's an important part of our country. that ice why i started watching it. i thought, do they really live in houses like that and live like that? they do. >> it's tough making comedy bulldog: you don't need superpowers to help someone. sometimes, all it takes is a warm heart and a cold nose. that's why mattress discounters good deed dogs is raising money to train service

we are also the hearing from eric schmidt. we will have a here on c-span. e naacp legal defense and education fund will mark the 60th anniversary of brown versus board of education. holder,l include eric deval patrick, and cecilia , wife of pharaoh good marshall. live coverage starts about 12:20 p.m. eastern here on c-span. holdeisty commission will the federal communications vote yesterday. it will allow internet providers to charge content providers such as for faster and more reliable service. you'll be able to watch this live over on c-span. >> several members of congress acting in good faith that a just our long-term issue. we applaud them for their efforts. i know there will be more discussion in town this week on those attempts. others are suggesting that the political realities will have to settle for an infusion of cash into the trust fund as a stopgap measure. it used to be there were ways to do it. tighter now than it was. in may be true that you can get an infusion. it is hardly the long-term solution we need. every few years we wake up and about

quotes out from your story from intel ceo and he says "we have a handshake no recruit between eric schmidtot like this broadly known." so these are never put an e-mail. it is startling how play in it is. >> that speaks to the unique who is of siliconr valley. people in a very short period of time become billionaires and they don't think there are mary -- ordinary rules of financial and i trust, the gravity, applied to them and this is the best illustration we have had so far. >> and a lot of critics saying --bris > e goobers -- >> they are willing to put up with it because the job of those saw after. it is not like anybody here was having trouble putting that on the table but it does not mean those same people to be exploited. >> and with a 324 million dollar fine it really only relates to about a couple hundred thousand dollars per for grammar or engineer and a lot of them making six figures. >> the ultimate irony. >> thank you so much for joining us. to see the latest issue, download the "long -- "bloomberg businessweek" plus app. ♪ all right. we are back inside pepsi. we have been repor

has a lot of the video eye candy that people love about real esta estate, a place like eric schmidt, know is greenwich must be hanging its head in shame. >> it must. >> nice california weather. people are checking that out. now, this is funny. i've always noticed whenever we throw out a post office story people flock to it. >> that's true. >> the latest numbers from the post office, and the post office, again, they lost money, nearly $2 billion and they are saying congress needs to fix how they work. >> look, if they have to account for their pension liability over a 70-year period so i do sympathize with them. >> can't control their labor or delivery schedule. >> right. >> but our reader is always interested in the post office, and then finally we have a feature up why salmon may become the new lobster, all right? salmon used to be a big treat and all these salmon farms came along and everybody started eating salmon. demand went up. we just had a hard winter so supply is getting a little pressed. >> oh, no. >> how much are prices up? >> seeing like a 7%, 10%, 15%, depending on where

whether he's as the same quality level of jobs as ceo and a controversiy over e-mails exchanged with eric schmidttors about hiring practices to. what degree was apple run by this visionary and occultive personality and they can't continue on that trajectory? >> that's a good question and exactly my point. i have written, a year and a half ago i said every new product released under the new ceo has been a disappointment, in features and what it did for the customer. the camera is so inferior to the competitor's. i can make you a list of 50 different items where apple has the -- the lower products, so what we have here is a new rejet stream and leadership in the country and all those who love apple apparently forgot to read the obituaries. you cannot go back and say apple did this three years ago, four years ago, five years ago. >> kevin o'leary, do you like apple, and what do you think about this company? >> let me ask you this question regarding a thesis you've got. value investor and started to look at the stock when it had a dividend. i don't care about the products or leadership. i care about

we are also the hearing from eric schmidt. we will have a here on c-span. at

the editor and chief economist of course neo-con warmonger richard perle david petraeus scruples eric schmidt and the queen of spain but that's not really what's the point i mean at what point behind the closed doors you think the shape shifting begins it's at the moment though because i mean really. and a lizard for you i mean dogs i've never seen that much evil in one room since iran used to have or all died raiders with henry kissinger run in the sound booth and margaret thatcher run in the beer bongs yeah i mean i didn't see that much but i also think people sort of put too much weight on these things because they're like oh my god they got together that maybe made sense back before like telephones and things but now these people can coordinate their their plans their you know global plans in many ways there's skype there's google hangout you know there's christian mingle dot com they have what you communicate over one hundred conference calls and yeah they don't need to get together in a secret room unless they're you know drinking baby's blood or something but and that's what they're do

. >>> when we come back, the median home price is $4.7 million and it's home to eric schmidt, meg whitmanmost expensive neighborhood in the country. you won't want to miss this, when we come back. and it feels like your lifeate revolves around your symptoms, ask your gastroenterologist about humira adalimumab. humira has been proven to work for adults who have tried other medications but still experience the symptoms of moderate to severe crohn's disease. in clinical studies, the majority of patients on humira saw significant symptom relief, and many achieved remission. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma, or other types of cancer, have happened. blood, liver and nervous system problems, serious allergic reactions, and new or worsening heart failure have occurred. before starting humira, your doctor should test you for tb. ask your doctor if you live in or have been to a region where certain fungal infections are common. tell your doctor if you have had tb, hepatitis b, are prone to infect

eric schmidt this is jeff bezos from amazon massive global power brokers with extreme influence in what happens in the world so they know what's going to happen they set it and people are unaware of it the protests to get bigger and bigger as you say much to the chagrin of bill berg they corral us into this free speech and every year but i think their influence is on the wane as more and more. people listen to protest but you know they say it's private it's just a private meeting we shouldn't worry about it why we complaining about it it's not private it's public it's paid for by taxpayers last year and was that it's the equivalent of seven hundred fifty thousand dollars was paid by taxpayers to build a big security so for them to claim it's just a private meeting it's nobody's business is complete. absolutely and saying thank you so much paul being there on the ground covering what's going on paul joseph watson really appreciate it thank you. since the initial stories on edward snowden's and as a leak all we've heard from the national security agency is the same tired defense of mass d

it reminds me on the cnbc 25 special eric schmidt was talking last night about how with google and privacyms to deal with this. yelp provides those as well. so i think that every business has its privacy or its legal, lake air bnb type issue. it's good to know what your issue is basically. >> those shares up this morning. investors like what they see there, especially with an upped guidance number for the rest of the year. so they think there's a light at the end of the tunnel there. john steinberg, thanks as always for joining us. >> thanks, guys. great being here. >> up next, ford making headlines this morning after announcing ceo alan mulally will step down in july. alan mulally is here in a first on cnbc interview starting at 11:30 eastern. and check this out. john legere tweeted this foughto with the caption "i think the magenta cowboy hat is a good look for braxton carter." but look closely. could "squawk on the street" be their lucky charm? >> yes he's watching the mad dash. >> there it is. we'll talk to the ceo when we come back. come back. today, you can come to cleveland clinic f