emily: evan spiegel has made it clear that he knows that people who work at the company want to hearm him more. do you think we will see more of him out there? sarah: there is a lot of confusion at the company right now because this redesign that you mentioned earlier, it was supposed to be done by the end of the year. and now we see it will be fully rolled out until the end of the first quarter. so there are clearly some things that are still missing deadlines. there has been that management departure that you mentioned. company has a lot to work out in terms of how it grows. there have also been a few rounds of layoff recently at the company. emily: sarah frier, i know you will keep us apprised. and debra williamson, thank you. great to have you here on the show. now to the broader market with whiplash.s. market with the dow turning in its best performance in two years and tech shares helping lead the comeback after a two day pummeling that spread to global equity markets and brought volatility back to the forefront as the stocks saw wild swings on the day. here to bring us highlig

the only other piece of news, charlie was that evan spiegel, the ceo, had compensation last year that than $600 million at the very time that the stock itself has been chopped more than in half since ipo. >> this suggests to me, though, listen, i tell people watch out with stocks like, this that there's an algorithm built into trade off the negative, anything that's negative about it, but there's clearly an algorithm that if somebody comes out, some analyst, she's not really an analyst, but if someone comes out and says something -- liz: isn't it frightening that a single opinion has just lost a lot of people money? by the way, she tried to hedge it, she came back, somebody must have said something, she tried to say, oh, ha-ha, love you snapchat. you are my number one love. >> how old is she, this kid? liz: she's 20. as my son told me, kylie is the most successful kardashian, and i said why? the 13-year-old boy said because she has a lip kit. she does this cosmetics company that is absolutely huge. could you call it unknown manipulation of a stock? >> listen, if she was short -- i can

emily: evan spiegel has made it clear that he knows that people work at the company want to hear fromhem more. you think we will start seeing more of him out there? sarah: i think there is a lot of confusion at the company right now. this redesign was supposed to be done by the end of the year and now we are seeing that it won't be fully rolled out until the end of the first quarter. there are clearly some things that are missing deadlines, there has been that management departure that you mentioned. i think the company still has a lot to work out in terms of how it grows. there have also been a few rounds of layoffs frequently at the company. emily: apple is pulling back on buying corporate bonds with its overseas cash as it prepares to bring the money of the united states. this is according to people familiar with the matter. about 100 $57 billion of apple 285 billion is invested in corporate debt, making it a leading lender. investors have been bracing for a market with fewer buyers since the new u.s. tax law was enacted late last year. coming up, has the me too movement got too fa

evan spiegel doesn't look too concerned about it he earned last year 6$638 million. regulatory filings show he received a one time stock award of 638 million after that 638 after snap went public and he got another $1 million related to insurance premiums. arjun, you're desperate to jump in >> what a world we live in when people are trading on kylie jenner tweets. i heard someone around my age, i'm a snapchat user, someone said have you seen the new snatch chat updates? i don't watch stories anymore. that's a real worry. the company may be underestimating the potential impact of this and the backlash against the redesign they said when we bring out redesigns, new apps, it takes time but i can't remember this kind of backlash against an update in a long time. >> from users. >> to any company. >> it speaks of the nature of the platforms and people who use them kylie jenner helped grow the platform, now if she says i'm not loving it, a lot of her followers will think she's right. >> on one of the tabs of snapchat, you can look at sponsor stories by big publishers also d

emily: quick thoughts on evan spiegel's enormous payday? very large stock of grand. this amount of $636 million will be awarded over the course of several years. again, it is not great for employee morale when the ceo of your company is making this much money and your company is still unprofitable. thanks so much. that does it for this edition of bloomberg technology. we are live streaming on twitter, check us out. that is all for now. this is bloomberg. ♪ announcer: the following is a paid presentation for volaire. >> people ask me all the time, what is my secret for beautiful hair? hair that just moves with natural, gorgeous, weightless volume. my secret? one word. volaire. >> look how much hair i have. it makes me feel like i have so much more hair than i do. >> it feels like there is an air machine literally lifting my hair. >> i

might have an impact but she didn't recognize it would have an impact on the stock. >> we saw evan spiegelo give directions. what can you tell us about the changes? >> he's committed to the changes as they are right now but there are some new features they're rolling out that should make it easier to find friends' stories. one interesting point. he says the biggest issue that people have raised in this to him is that they used to feel like a celebrity was my friend and now they don't feel like their friend anymore. he says, exactly. they're not your friend. >> wow. okay. >> kylie is not your friend. >> breaking a lot of hearts. >> a lot of hearts right now, rebecca. >> thanks, guys. >>> coming up we'll take you to the front line of the fight against the flu. by perfectly healthy people being affected with the virus. we'll explain. come on back. ♪ life goes on, yes, life goes on... ♪ i've always wanted to share a special moment with my mom. i think surprising her with a night ski trip would just be the biggest gift i could give her. let's make that happen. she's gonna be so excited. ♪ take

. >>> one man who shouldn't have problems buying home is snap ceo evan spiegel as news emerges aboutis massive compensation package for 2017 julia boorstin is here with the eye-opening numbers from los angeles. >> bill, last year evan spiegel brought home the third highest executive compensation ever, according to reuters snap, which he controls, granted him $636 million in stock. 3% of outstanding shares at the time of snap's ipo he'll receive those shares in installments between now and 2020 in addition to that one-time award, he also received about $1 million in expenses and over $500,000 for security. his actual salary was cut from $500,000 to $1 around the time of the ipo now, this is all compared to the roughly $2.5 million he brought home the prior year. chief strategy officer also got a good payday. total competence of over $100 million last year, in a year when the company posted an adjusted loss of $720 million as it invests in growth and snap stock has been on a roller coaster it's now pretty much flat with its ipo price. but the timing of the news of spiegel's big payday

evan spiegel says he is confident snap can monetize snap more efficiently it's a gain of more than 20%n that earnings report. >>> joining us now to talk a bit of tech this morning, kathy wood is here. good morning >> good morning. >> you like snap >> we don't own it we are looking at facebook copying everything they do maybe this is a break from that. the numbers looked good. surprisedly good >> has everybody missed it >> don't know. we just looked at ma ushgus, da switched to instagram and my own children >> i want to talk tesla in a second but what have you been doing in the past 72 hours? >> we've been buying now we have a different take on what's happening here. we think the market is finally truly working. the first stage is when the fed started moving interest rates up in early 2016, the market was fearful they were making a mistake. we think this is a con ways tin of that. i'm happy that there's volatility that makes sense. volatility can work both ways. right now you see turbulence to the down side. if you look back to the late '90s, which is the last time we saw volatility to

snap's ceo evan spiegel says snapchat's delayed redesign is testing well and will launch for everyonecs coverage. deal could forge closer ties between traditional tv networks and snapchat's parent company snap inc. (ácommercialá)(áábreakáá) (robin) wb 80 slow from the maze. ( james ) if you have a smart-tv -- with built in netflix and hulu -- your t-v could be hacked.( terisa ) consumer reports analyzed smart t-v's from the five biggest brands - samsung, l-g, sony, t-c-l and vizio. all can track what consumers watch and two of the brands failed a basic security test. ( james ) how bad is the security? consumer reports says they were able to take over the remote control for the samsung and t-c-l televisions.( terisa ) they changed the channel... upped the volume... installed new apps and played youtube videos. both companies say they're looking into the issues. (rebecca) tracking the weather this morning. your forecast is right after the break. james) protection for daca recepients is set to expire next month. coming up after the break ... we'll tell you what the government plans on do

mentioned snap yesterday for a number of reasons, kylie jenner's tweet and so on news today that evan spiegele highest-paid ceo, at least was for 2017, total pay of $638 million at the age of 27. unlikely anybody is going to top that for the year. forbes now sees his net worth about $3.8 billion, even as we continue to grapple with whether or not engagement is slipping on a redesign or not. >> but kylie jenner wiped off more than a billion dollars in market in one day with her tweet. >> that's right. >> questioning whether or not other people open up their snap app. it is amazing the power of that kardashian clan. >> larry ellison is usually the highest paid guy, you know, but as a founder again, we are talking founders here it is very different compensation mix when you do talk about founders and what they were able to take home. always worth pointing out in snap, you have no control whatsoever, not any at all i mean at least even some of the other companies where there's fatter control, they have voting shares out there none, no vote. >> tesla is another one we're watching in today's sessio