eric schmidt writes people want more than text this became apparent after grammy awards when jennifer lopez wore a green dress that caught the attention. the most popular search query. we had no surefire way to get users what they wanted. j. lo wearing that dress, google image search born. >>> on jimmy fallon promoting the longest ride. he wasn't permitted to ride a bull during the movie. producers were feared he was get hurt. now that it's over, released this video. >> get out of there. get out, get out, get out. >> wow, man. >> one foot. >> very close on that one. >> chris pratt and on mtv to promote his new film "jurassic world." for those that don't know jurassic theme song doesn't have lyrics. thanks to pratt, it sure does now ♪ it's "jurassic park" it's "jurassic park" the dinosaurs will flip out ♪ >> i think that song is actually better without the lyrics. >> so weird that his career -- i know from "parks and recreation" singing there to the action hero. he can do it all. >> what about bull riding. have you done that? >> no. my brother-in-law was a bull rider. a bull stomped on

eric schmidt, chairman of google, recently said that amazon is their biggest rival in search.ill: to qualify, he made the comments during an eu antitrust meeting. there was an incentive to highlight the competition, obviously. but i think there is some truth to it in this case. the nature of search is changing. if you were to search for an item to buy from an e-commerce search on amazon, you know where the reviews are, you know the category it is in, you know how to select prime or not. you do not get those features. now, google is doing something interesting. they are taking on this endeavor called google shopping express, which i cannot make the math work. i am waiting for someone in the press to follow around one of these vehicles and add up how many stops. i don't see how it can work. emily: and they are also trying to do delivery drones as well. bill: don't get me started on drones. i think the drones and the self-driving cars are a distraction to keep the media from talking about the topics we just talked about. emily: you are not a fan of it? bill: i find the whole dron

when i talk to eric schmidt.t's like, no, no, actually we normally think about these as three to five year -- they weren't using the word tour of duty -- but like three to five year stints, where the person actually learns a job, achieves something significant, proves himself at the end of the job, and then goes on to do something else. ebay focuses a lot on how do we bring the relationships of all the folks who have graduated from ebay and paypal together. and they have the external network tied in. but even, for example, places like ge, in terms of what they used to do -- and they still do -- for executive rotation. but also, how do you then groom all kinds of stars to be an executive at this, you know, huge industrial conglomerate? emily: what does silicon valley get that other industries don't yet? reid: silicon valley understands that r&d is not just -- like, we hole up in a lab and we invent something, and then -- then, 'tada! there it is.' that actually being present and active in what is going around in t

eric schmidt -- and amazon.com. conflicting reports at how much elon musk was paid last year.rned $35,000, but according to our index $102 million thanks to options. the company said he has never accepted his salary. the stock options, he will accept those. pandora shares are down after the service reported listeners fell from the previous quarter, which is bad news. a new loss of $.12 including some items. the company's are going customers away from traditional radio. royalty costs are rising. amazon on cloud nine today. it is a cloud joke. they reported earnings with sales top 15% and profits down a bunch. a loss of 57 million dollars. it was the first quarter the cloud business broke out services from amazon web services which contributed $1.6 billion in sales for the quarter, up 50% from the year before. joining me now to talk about this, jack clark in new york. and has really close ties. the last time i saw you in person was at the amazon web services conference. what do you make of the business? >> the world is starting to appreciate what a big deal it is. it is the fift

backers include eric schmidt and jack dorsey. they have changed the way we travel.elcome back to "bloomberg west." >> thank you for having me. brad: last night i went on peek.com and created my perfect travel experience. why is this useful for users? >> our website is a one-stop shop for travelers with great act have it -- great activities. you are bringing together a host of different experiences that might be great for kids, say, so we picture -- we pick things for taste makers and give you ideas for the things they like to do in the cities they travel to. you did the same thing and were able to create your perfect look at san francisco. brad: one of the reasons i asked you to guest host today, there is so much consolidation and competition in online travel right now. the expedia acquisition of orbit, travelocity in january the rise of the priceline group amazon and google getting in on travel -- how much room is there right now for startups? ruzwana: sure. i think that in our space, activities, it is both local and travel which has a $100 million global market. w

mike: you spent some time with eric schmidt, what was that like? secretary foxx: we went out to roll out the survey and i find -- and i thought it was an important event. we actually took one of the autonomous vehicles that -- we took one of the a time as vehicles that google is working on to the event. it is interesting because there are two things happening in the a time as vehicle space. there is one school of thought that says you need vehicles to talk to each other and a connected vehicle discussion. we are involved in trying to help that. and then there is the autonomous vehicle discussion which is where they do not necessarily talk to each other that they -- but they have such intelligent capability they can see the environment around them like you and i would. those vehicles do not necessarily talk to another car, but they see it and can avoid it . there are interesting dynamics around technology. mike: what school of thought du have? secretary foxx: we have to be agnostic as a department. google is using the economist model -- the a thomas

. >>> google executive chairman eric schmidt will get the commencement address next month at virginia tech. >>> a group students from loudoun county hoping to compete in the world robotic competition is expected to make a major announcement today. check out this video. this is the team dubbed as outsiders. the team experienced a major setback when the school suv with their robot and equipment was stolen. we don't know what today's announcement will be. we're hoping that they found their equipment or they got a new one. but we'll let you know. follow the nbc washington app and on twitter to be the first to find out about the announcement. they're so talented. a shame if they couldn't compete. >>> let's get right to the forecast on this weather alert day. >> we're closely monitoring the progress of a lean ofine of storms in ohio, kentucky and tennessee. there are severe watches out. the line of storms that will likely be affecting us are the ones here in tennessee and kentucky the ones farther north and west will be passing up into pennsylvania. but these moving in to west virginia into

last season featured a cameo with google's eric schmidt.piegel's is set to appear in a episode and legendary vc mark andresens is a self-admitted super fan of silicon valley. so what can viewers expect from season two? you will have to wait until sunday. that's when the first of ten new episodes airs on hbo. but, of course, you can now watch "silicon valley" without cable thanks to hbo now. the company's service that's available on internet connected devices. guys, back to you? >> my favorite, josh, was the tech crunch disrupt episode where they used the actual space and all the actual, looked like disrupt. they kind of say the things that we hear tech execs say with a smirk and it is hilarious, about changing the world. >> i know. the changing the world that to me is the line where they're like, make something app to find music lyrics and our mission is to change the world and every start-up you meet with can have groceries delivered, we're changing the world. >> it's not the only debut. obviously "veep" and "game of thrones" sghoo i got h

google's eric schmidt helped him get elected.lap on the wrist. this is a prime example of crony capitalism. >> it is what is legal. there is cronyism. they know that clinton will be a strong contender. this is your top level 1% cattle is him. they want to be able to import. they want better dealings with governments. they are using this. she has a deficit. they know who she is. she has a tech knowledge he advantage. she needs that advantage. charles: i talk about the relationship between washington and wall street. google has been out the white house 280 times. you know, for me, i understand wanting access and by that. >> look at washington, d.c. surrounded by some of the most expensive in america. that is the district of corruption. it is crony. it is pure cronyism. you have a right to advocate for your cause. you use whatever means are necessary. we are losing what is really a free-market approach. charles: google just hired a new ceo for morgan stanley. marco rubio just tweeting that he is making a big announcement on monday,

though i just remember being in sun valley at the allen & company conference this summer, asking eric schmidt an interview. and he said you know what? i'm too focused on europe to talk about anything else. so europe seems to be at the forefront of the company's policy agenda at least for right now. >> they're devoting a lot of resources for a long time, and it looks like it's coming to a head. >> henry, good seeing you. have a good, long weekend if you take those. >>> let's get a check on the markets. rallying for the first day in three. all major averages in the green. the dow up by about 62 points. of course, we did see jobless claims hit the lowest level that we've seen since about 2000. and also the trade gap narrowing largely unexpectedly. and that's good enough to lift the s&p 500 by about 0.5%. the nasdaq just shy of that by about 0.25%. >>> when we come back, mobile payments have moved into the mainstream. braintree owned by paypal will tell us how fast that sector is growing. >>> plus, the largest r&d investment in imax history. the ceo will join us to show off the new technology liv

google's eric schmidt has bought a 20% stake in a hedge fund manager previously held by lehman brothersed. the company is valued at $36 billion. the recent departure from the euro is not so likely -- is now so likely that officials from the euro area have acted as if they have come to terms with such an icon. speaking to francine lacqua, he said the odds are higher than 50/50. guest: obviously, emotionally psychologically, it might be damaging. whether from a financial stability point of view i think we have come to terms. i got that impression in brussels this week. i got the impression from some of the officials they all must have a mind of, look, it's going to happen. caroline: let's turn to the u.k. election. the labor leader david miliband will face david cameron today. anna, it is an argument that we expected? anna: it is interesting one of the criticisms leveled against ed miliband is he statesmanlike enough. with two weeks to go into the election he will be making a big speech about international relations, about the role of britain in the world. the tabloids have launched a bli

we just got offstage with eric schmidt, the executive chairman of google.t's great about silicon valley, you have companies that have been built up over the past couple of decades where their leaders are willing to give back to new entrepreneurs. that's actually the same thing we're trying to do with boxdev where we bring startups together that are trying to go and transform how the enterprise works. our job is to be a platform and provide the go-to market support and the mentorship for those companies provided to us by mark beneoff, eric dell michael schmidt and many others. >> thank you for your time. we appreciate it. back to you. >> josh lipton with aaron levie out in san francisco. >>> a news alert from the world of sports. cnbc reporting that billionaire tony wresler has won the bidding war for the atlanta hawks, price tag, $850 million. he's the ceo of aries management. the hawks finished the regular season with the second best record in the nba. it's currently up one game to nothing in its playoff series with the brooklyn nets. their management had

erik: did you expect it to go to eric schmidt? chris: no, no. that was great.und super positive. everything is great. what is not? why are you staying up at nine? chris: like everybody, the next opportunity is what we are concerned about. the next opportunities come. hearing people saying, oh there's nothing to do, there's nothing to do. we begin to wonder ourselves in an opportunity comes up -- erik: everybody talking about oil. chris: our take on oil is really about the valuation. like everything we buy, it is about the valuation. whether it is debt, whether it is equity, the price that you are valuing for market prices is just too aggressive. erik: what are they being valued at? governor hickenlooper: we buy at -- chris: we buy at a lower full curve price. erik: lower than accreditation? chris: i don't think so. stephanie: does the timing of a rate hike matter to you? chris: i know is not going to happen in june. september, i'm 50/50 maybe. stephanie: is it affecting the way that you are investing? chris: not really. fourth quarter -- who cares? i do not kno

in the past, eric schmidt has been in berlin, they pledged to work with the eu.ber the right to be forgotten, google has gone out of its way to play nice with european regulators. there may be a limit to the patients. there is no limit to how many of times. -- brendan 10 google. brendan: i understood that google would have to change its algorithm to fix the problems how can they be fixed if it is not changing its algorithms? hans: they can move up other peoples search when it comes to comparison-shopping. this is a formal complaint, it has to do with comparison-shopping. a product ruvell has had since 2008. -- google has had. it does not get there until you want to do the comparative shopping. initially, this product was called frugal. tom: as olivia nailed, the real story is it a surprise of android. why is the eu upset at android and not the ios apple iphone system? hans;: because android is open source. they say they are still preferential treatment to the open source coders who create apps compatible with android and there is preferential treatment being give

bobby worth, eric schmidt in washington always has remarkable work. the a.p.een really great and ahead of the game in terms of calling where things are going. i find, frankly, because these kinds of issues turn that you have to read several pieces of work to get any semblance of a full picture of what is going on there. i find i go to certain bylines as much as i do about topics. i would say the wires are critical. i give you an example. the wires reported on tuesday morning that tikrit was starting to fall. in "the new york times," it said it had not fallen. so just getting that little hours ahead of notice allows me to then go to the pentagon and try to flesh out what is exactly happening on the ground. i think for those who are interested in these issues, and i know it is not a great thing to hear, but these issues and the lack of foreign reporting of overall demands that you read several sources to get a full understanding of what is happening. what i am providing is what looks like from the u.s. military vantage point because i think that is so important

eric schmidt told project syndicate the plunging versace ground she wore to the grammys in 2000 was the biggest search team that google had ever seen at that time. fans wanted to see pictures of the dress. but they would only get lines of text. so schmidt said the image search was drone. lopez says she has the dress still on a mannequin. >> i will never forget it. [laughter] >> i know. >>> nasa's chief scientist said it's just a matter of time to find out we're not alone. how soon we will confirm aliens do exist. >>> neighbors say it attracts squatters and blight. what happened when we started to ask questions about an old san francisco police station that's been a nuisance for years. ♪ at kaiser permanente everything you need is under one roof. another way care and coverage together makes life easier. okay, a little easier. become a member of kaiser permanente. because together, we thrive. ♪ [bulldog yawns] i can't wait to get to mattress discounters good and early for the tempur-pedic bonus event. choose $300 in free gifts, and get up to 48 months interest-free financing with any temp

eric schmidt revealed j. lo in her green dress the most popular search at that time. this spurred the idea users were interested in more than just texts. >> interested in a dress, that's really weird. >> it's the dress. i don't know what's great about. i guess the color's nice. andrew, you're back. see you tomorrow. >> see you tomorrow. >> hope your cold is tomorrow. >> join us tomorrow. "squawk on the street" is next. ♪ >>> good morning, welcome to "squawk on the street." i'm carl quintanilla with jim cramer david faber at new york stock exchange. relatively steady premarket this morning as earnings start to hit from bed bad,th, alcoa. oil rebounding after 6% decline. ten year's below 1.9. four-week average is at a new post-crisis low. road map begins with retail results. costco sales, bed bath earnings dis appointappoint but walgreen off to a good start. >> alcoa, the q1 results miss on the top line. profit did beat. shares lower in the premarket. >> greece makes its payment to imf. european stocks at new intraday high. christine lagarde first on cnbc later this mor

eric schmidt revealed j. lo in her green dress the most popular search at that time.interested in more than just texts. >> interested in a dress, that's really weird. >> it's the dress. i don't know what's great about. i guess the color's nice. andrew, you're back. see you tomorrow. >> see you tomorrow. >> hope your cold is tomorrow. >> join us tomorrow. "squawk on the street" is next. ♪ >>> good morning, welcome to "squawk on the street." i'm carl quintanilla with jim cramer david faber at new york stock exchange. relatively steady premarket this morning as earnings start to hit from bed bad,th, alcoa. oil rebounding after 6% decline. ten year's below 1.9. four-week average is at a new

bobby worth, eric schmidt in washington.he ap has been really great and ahead of the game in terms of calling where things are going. i find, frankly because these kinds of issues turn that you have to read several pieces of work to get any semblance of a picture of what is going on there. i find i go to certain guidelines as much as i do about topics. i would say the wires are critical. i give you an example. the wires reported on tuesday morning that tikrit was starting to fall. in "the new york times" it said it had not fallen. so just getting that little hours ahead of notice allows me to then go to the pentagon and try to flesh out what is exactly happening on the ground. i think for those who are interested in these issues, and i know it is not a great thing to hear, but these issues and the lack of foreign reporting of overall demands that you read several sources to get a full understanding of what is happening. i am providing what it looks like from the u.s. military vantage point because i think that is so importan