john ericsson has looked to solar energy.dies and constructed what he calls solar engines. sunlight falling on the rooftops of philadelphia, he says, will power 5000 steam engines. other engineers are exploring different paths. some are trying to find a way to generate power from new fuels available such as petroleum and gas. the internal combustion engine is being tinkered and hammered into existence. ♪ ♪ the great-grandfather of all the automobile engines, airplane motors, and power mowers is getting a trial run. ♪ ♪ to his practiced ear, it sounds good. and it looks good. engineers are still confronting basic questions with every practical advance. what happens when energy changes from one form to another? what laws govern the transformation of heat into power? what is energy? questions the scientists of his day are working to answer. the electrical age is dawning. a new kind of light, the incandescent lamp is one of many inventions thomas edison would give to the world trade from generators, electricity can be sent as if

ericsson's proposal to cover rooftops with solar collectors has been put into practice. collectors soak up sun to provide buildings below with heat or cooling and they send data to a battery of recorders to help chart the way in the use of solar energy. in a time of shortages, we are still surrounded by a world that is overflowing with energy. the forces still hidden deep in the nucleus of the atom, or in the flame or the seas can become hours just as those before us harnessed elemental powers of heat and electricity. we who share in their achievements cannot give any less imagination or skill to the problems we face in our own time to find sources of energy that are truly inexhaustible in the sun or in the world around us. the people who crowd to see the place where long ago 13 united colonies declared themselves free and independent are not so different from the people who waited one july day for the statehouse bell to ring. there are many people in the profession that moves out of the past into the future. the people who built the house at valley mill, who farmed its

apple claims that ericsson patents are not essential and that -- meanwhile ericsson is asking a federal court in texas to determine whether it's licensing terms are fair. now to the lead, blackberry shares spiked earlier today on a report that samsung made an offer to buy the company for as much as $7.5 billion. now shares in after-hours are moving in the other direction, down. a statement from the company saying it is not in talks with samsung. for more details, the bloomberg news reporter who covers this so well. alex, from new york. the reuters story looks like it was wrong, at least that is what blackberry is saying. what do we know? >> they said blackberry is not engaging in discussions. you can read between the lines. if you look at what reuters did lay out, $7.1 billion would actually value blackberry about 24 times, which would be how much the company was valued at back when it was the smartphone king before the iphone came in. if this were to be a deal that they would be in talks for, it would be a pretty nice valuation. we'll see if they are actually having these conversations

the use ericsson technology and they say ericsson wants to much money.ade a new bid to sell that lawsuit over hiring -- settle that lawsuit over hiring in silicon valley. no word on how much apple and google are offering to pay for that. as we have been reporting the price of oil continues to plunge overnight. futures are positive by a hair. the big picture is a severe drop in demand. is this drop unprecedented? i want to get some perspective on this. isaac, painful as it is, we have actually seen worse collapses in oil before. cracks yes, and we don't have to look back that far -- x>> yes and we don't have look back that far. the financial crisis and global recession drove oil down. consumption contracted. right now, growth is slowing and that is an actual decrease. >> this seems to be also driven by oversupply. did we have a collapsed before on the supply side? >> for an example of a supply lead collapse, we have to look back to the 1980's. there are a lot of parallels. it was a situation where there was infighting in opec. they were not sticking to qu

of ericsson joining us live and first on bloomberg television. that is it for "the pulse". bloomberg television. "surveillance" is up next live from a very, very snowy new york with tom keene and his team. of course you want to continue the conversation with me, you can follow me at twitter on ferro tv. good luck with the rest of your day. ♪ >> this is bloomberg "surveillance." >> boston will receive near two feet of snow. a historic blizzard from new jersey to maine. in new york, 6.3 inches of snow in central park. the new york stock exchange will be open to trade. russia stocks decline. the ruble weekends. standards and poors delivers mr. putin a junk rating. live from new york, tuesday, january 20 second. joining me, olivia sterns and brendan greeley. our top headlines, at storm central. >> remember the storm of historic proportions? it's a little bit that outside but not that historic after all. the national weather service peeled back its forecast. at 22 feet in boston. travel at a standstill through the region. airlines have canceled more than 7000 flights. drivers

. >> apple is suing ericsson over patents related to technology used in it's devices. they're demanding royalties for the lte patents. they say a licensing deal between the companies has expired and no new deal has been decided after two years in talks. >> they were granted a payment for a wearable camera that could directly challenge it. the apple system could be used under water or mounted on bike helmets. >> next week is work from home week and with the advancement in cloud technology it's easier for entrepreneurs to do just that. one company that benefitted from the trend is a cloud based accounting platform that went public in new zealand in 2007 and counts peter teal as an investor. shares are up 870% since the stock debut. the company is planning a ipo sometime this year. let's bring in the managing director of xero u.k. thank you for joining us. >> good morning. >> help us understand how your company is capitalizing on the work from home trend. >> the world of work has changed hugely. a lot of that enabled by modern technology and ability and the web and previo

he is standing by with the ceo of ericsson. >> thank you, erik. europe's largest technology company. let me get your comments on today's attacks in paris. >> i read the news as anybody else. it is extremely tragic. it is hard to grasp when you are sitting here in las vegas. >> our thoughts are with them. thank you for that. you have made some announcements at ces. you want to increase download speeds for smartphone users. >> we have been working for a while in the licensed and unlicensed spectrum. you can actually improve your indoor coverage much more. mobile traffic networks are indoor because people are using the phones as much indoors as outdoors. up to 70% of traffic is indoors. this is a way to boost that traffic capacity. >> using network capacity that is used for things like wi-fi. >> absolutely. this is a way to use all existing means of traffic growth. we are increasing 10 times the amount of data traffic per year right now. this will be very important. >> will this require operators or consumers to buy more equipment? >> the carriers wi

meanwhile, ericsson suing back in texas trying to determine whether the terms were fair. and the crew of the international space station were safe after an early-morning scare over a hazardous leak. an alarm went off indicating a possible pneumonia leak. one called it a nice -- a nightmare scenario. nonetheless, astronauts are spending the day and a russian part of the space station as a precaution. tesla shares are pummeling today after elon musk said tesla will not become profitable until the year 2020. for now, the prophet news is not the only's feed him that carmaker is facing. here is elon musk speaking at the automotive news world in congress in detroit. >> things were a little weaker in china. communications issues that needed to be fixed. most importantly people have the perception charging from china, actually at this point, we feel there are overcharging issues. we have got to work to connect that misperception. question when he now with more on the troubles, then. elon musk is saying basically chinese customers are making a mistake and not knowing they need to

ericsson, etc. we are the size of market cap and growth and people were read about us with juniper and others and yet will pulled away from them as well. it isn't that cisco i am talking about is how fast his industry is changing. out of the big six ip players three of us will not be relevant to our customers. you can say that as the silicon valley stuff where you move fast. if you look in this role, only 1/3 of you will be relevant in 20 years. when you look at uber and what they did to the taxi industry and amazon with the challenges of walmart. you will see those types of transformation coming everywhere in the world. the nice thing about cisco, if we lead the transformation, we will be in the center of it. connecting what would be 500 billion devices. >> people get excited and they feel threatened about it. by some equipment. -- buy some equipment. some businesses today, our technology businesses. the decisions about what the business is is largely the coming technology decisions. we have a lot

. >> as a -- as is the super bowl and as is ericsson, who scored last night. there we are. >> coming up on the program, where is the value of a great brand. we will tell you about the licensing deal that has earned richard branson's companies $ 2 million over 10 years. details after the break. ♪ >> time for today's company news. samsung has raised its dividend and post add fourth quarter approach it's that beat estimates, earning $4.9 billion in the year ending in december. losing sales to apple and others. the extra car sharing service is targeting los angeles and singapore as the next locations for its international expansion. that is according to the company's owner, the french billionaire. he told bloomberg the company will stop losing money this year. >> we should have already this year some months break even. it is a long-term plan, and it is much earlier than expected first because the batteries are absolutely perfect. we have no problems at all. secondly because we have much more users than expected. we have roughly 400,000 a month, 200,000 people have

. >> apple and ericsson in dueling lawsuits.ies are fighting over the prices of wireless technology, patents used by the makers of the iphone and ipad. erickson wants royalty rates. stockholm-based erickson has asked a court in texas to decide if the fees are fair. go pro shares are plunging as apple gets a patent for a remote control camera system. go pro fell 12% in new york yesterday, the steepest decline since august. investors expressed concern that the patent will make items similar to go pro's offerings. and too exhausted americans are hours away from achieving what was once thought impossible. they are free climbing el capitan 3000 foot wall at yosemite national park in california. tammy caldwell and your dance and are using ropes but only to save them from death, not to aid in their ascent up the rock formation. the climbers could reach the top tonight. that is truly impressive. >> amazing. sleeping on the rock face. the internet is the great democratize or and opportunity provider, disrupting industries, making global

we go showdown happening between apple and ericsson. one, two punch hurting tesla.nd disappointing sales in china. gary, i will start with you. this 2020 profitability forecast, was this so much farther out than everyone thought? >> tesla has always been late on meeting the target. i think, in that regard, no. you know that they rarely

the ceo of ericsson. we're also talking in just a few minutes to the ceo of nordea. he's the former head of the european banking federation too and we'll pick up again on the ecb question and the feed through to the transition banking system. don't go anywhere. but for now seema back to you. >> julia, thank you so much. also want to get our attention back to the markets. the euro zone of course. two major events could impact markets this week. the next one will be the greek election which kicks off on january 25th, this sunday. right now it does seem like the anti austerity party. we're just getting some flashes from reuters that the euro zone official may need to be considered and have a government in place. the euro zone official also saying that the extension will need to be more than a few weeks and no discussions are underway as yet. of course the question is if he does gain power what happens to the current greek bailout that is in place. new polls out of greece suggests the country's party wide perioded it's lead over the ruling conservatives with four differe

zipper truck at work it is an in southbound as we are taking away the fourth line in the south on the ericssonin three lines out here was a look at the richmond bridge ride faker offer early early along looking get any delays coming through richmond from interstate 80 was about or problems on the stand. >>darya: the race is all to help save three puppies to found their guards kenny the survey. >> reporter: i just got off the fall with animal control officials here in costa costa county and we have been told that would have been seen this stuff isn't in the short time in the meantime take a look for yourselves these three very yawed terrier puppy is there were discovered earlier in the week in a trash bag next to of park they have now been taken to a local shelter where they are receiving some medical care this is we do all ride they're driving now there been receiving proper care and affection they said they have been on the young side and need a little bit more time in the vet care before being adopted out to the public. >> reporter: we will see them up close and personal states told the kron

chris ericsson president of northern michigan, john lessard corporate responsibility manager for ego mind is to pride lay, chairman of the education committee at the institution. thank you so much for your innovative work. [applause] that's the kind of creativity that makes michigan gray. thank you are coming from the bp to visit us tonight. the final thing i want to mention on the education is to finish the work in the last session and that is finishing teacher effectiveness. teachers deserve the best tools to help them be great teachers than we should be working on that. in terms of more better job from a couple things i'd mention. first of all we create regional prosperity. we have the 10 regions across state. if michigan has come back and been strong, doing well in so many different ways, they're certain geographies being left behind and i'm talking about urban and rural areas that have not been participating. what i want to ask our 10 regions to do is identify the place of the greatest need within the region where they're willing to devote resources and will bring our resources

you can manage traffic and not only that we saw, for example, in the ericsson booth, a helmet and a carcan build systems all these connected devices for the better of the society and, of course, this's the whole idea to bring a lot of efficiency into the society with all these devices. some wearable some maybe more for luxury or fun and many of them bring you lot of efficiency. >> hans, are you ready to take on more product liability for driverless cars? tom wilson ceo of allstate indicated that's frankly where it's probably all going. >> i think that if we look at -- we are building the majority of the mobile networks in the world which, of course will be the connectivity of these ones these devices. what we see ourself doing much more and more is really to understand the type of applications and devices and how to use the network. i mean it is a huge difference of having a connected car compared to consumer doing youtube. we have always done is sort of guarantee until that and that will continue and evolution of the technologies is just enormous and how many people get connected at th

stephen ericsson from the university.of touched upon what i was going to ask, but realistically, i find it increasingly difficult for thezhr republican party to win a national election, considering the demographic changes and how the electoral college is structured. what do you think they could realistically do to change their perception as you know, the old white man's party in the next two years. >> more advice for reince here. >> yeah. reince priebus. i would suggest that reince priebus go back and read the moratorium that the republican party, that reince priebus himself commissioned and presented to the american public which came to the conclusion that the republican party has to do a better job of reaching outx@n beyond its older, white mail base and reach out to women and latinos and african-americans and reach out to their policy and their agenda. that's what the report said. lindsay graham after the 2012 election said republicans -- and i'm paraphrasing here and basically will never win the white house unless we

. >> my name is steven ericsson. and my question was related to election reform.such as what we saw in mississippi with thad cochran would be a good solution? because as you can see there was a more expansive, like, coalition, that helped him win his primary and easily win the general election? because arguably without -- especially the african-american support the tea party guy, what was his name, mcdaniel, i think, he would have been victorious? >> you're talking about primary rules would allow -- >> yeah. >> i say the california general primary, everybody's name is on the ballot. and the top two go to the general election. should everybody can vote for the top two. one of the top two. gerrymandered districts, the top two are going to be two democrats. and that's why pete stark lost. under the old california system you had the republican who won the republican primary, which in pete stark's district meant nothing. and the democrat who won the democratic primary which was always pete stark. so he was absolutely invulnerable congressman for life. they went to the