cory: that was eugene kaspersky, ceo of kaspersky lab. about an app that can transform your daily commute? ♪ cory: you are watching "bloomberg west." i'm cory johnson. let's check on some bloomberg top headlines. oil resumes its plunge, erasing gains from yesterday. traders focused on the supply glut. the u.s. dollar is strengthening following yesterday's selloff after the fed cut its estimates for industry -- interest rates. >> they need to see a turn upward in core prices first before they will raise rates. it's the faith versus proof factions on the committee that are fighting with each other those who have faith in their outlook and will go on that and those who want to see proof in the data. it's not about the labor market at that point. it's about or prices. cory: jenny yellen says the fed wants to make sure the labor market is strong and inflation is approaching the 2% target. the world famous yellow cabs are now outnumbered by ubers. the city says -- there are 13,600 mendelian taxis. there are now 14,000 uber cars. phillips is pla

cory: eugene kaspersky, the ceo of kaspersky labs. about a nap thinking -- and have that can transform your daily commute -- an app that can transform your daily commute? ♪ cory: you are watching "bloomberg west." i'm cory johnson. let's check on the top headlines. oil resumes its plunge, racing games from yesterday as commodity traders focus on the supply glut. the u.s. dollar strengthening again today. here is morgan stanley chief u.s. economist ellen zentner on when rates may rise. >> they needed to see a turn upward in core prices first before they will raise rates. it is the base versus groups. those who have faith on their outlook and will go on that and those who want to see proof in the data. it's all about core prices. cory: janet yellen says before raising rates, the fed wants to make sure the labor market is strong and inflation is approaching a 2% target. changing of the guard in new york city -- the yellow cabs are now outnumbered by uber. there are 13,000 taxis. now 14,000 uber cars. phillips is planning an ipo for its l

cory: eugene kaspersky.e back. ♪ ♪ cory: this is the best of "bloomberg west" and i'm cory johnson. rhapsody is making its service available to twitter users. it is the first music streaming service to let people listen to licensed tunes on twitter. here is how it works. subscribers will be able to post songs on twitter for followers and friends to listen. they will open a page that has a link back to rhapsody. this hardship comes after twitter failed at building a music app. is this a game changer for music and twitter? i spoke with david hose at the sxsw conference in austin. guest: it's amazing with all of the new streaming services that exist and everyone is listening to them on their phones and headphones, it's a lonely experience. we thought, why not make it social again and partner with twitter and take advantage of their audio card. it seemed like the perfect combination. cory: bringing music to mobile and going back to the ipod seems like it revived the music industry. but the licensing quality, how