sheryl sandberg coming up next and evan spiegel his stock isn't doing great. >> i don't take showersore i spritz myself off and -- >> yeah, yeah. >> from all the news you can absorb in that time. >> yeah. >> speaking of all of that, roseanne remains a story today abc canceling the reboot of the show after that racist tweet from comedian roseanne barr about adviser valerie jarrett. murdoch did weigh in on that take a listen to that. >> you have to make the right call it's not really about just keeping that audience going. it's about what's the right thing to do, what's the right thing for your company, for the brand, for your customers but also for your colleagues inside the business and do you believe in things or do you not and you have to try that you have to be mindful you have to tolerate a huge diversity of voices because all of your creative partners, all of your judicialists, all these -- journalists, all these people have independent identities and ways to broadcast and they're not all going to agree with each other and you're not going to agree with them all. >> how do you t

bloomberg reports nap cofounder and ceo evan spiegel made $$505 million ahead of other tech ceos. snap is the company behind the popular app snapchat. speakle's salary is a dollar but he got a payout when the company went public. his compensation it more than double the ceo of google who raked in $144 million. >> good work if you can get it. >> right. >> the. >>> the rock band nine inch nails announces return to the bay area. >> you might want to look at how they are that violent crime went up 18% in san francisco. in la, mayor antonio villaraigosa put more police on the streets and cut violent crime in half. california's police chiefs trust antonio for governor. >>> i'm ama daetz coming up on news at 6:00. they took the appliances. tonight only on abc 7 you'll see what was left after airbnb guests ransacked an east bay home. >>> also the concern that a prominent bay area opioid treatment clinic could face the axe. one doctor says it couldn't come at a worse time. >>> and a "7 on your side" warning about buying concert tickets from established third party outlets. you might be tol

evan spiegel said the company still had a lot of work to do to optimize the new design but we also pointed out that the one hundred ninety million monthly users and march still top one hundred eighty seven million users at the end of the fourth quarter of twenty seventeen snap chat revenues came under expectations came in under rev expectations at two hundred thirty one million dollars. the sprint mobile merger is resulting in some shifting of corporate shares the c.e.o. of sprint marcello chlorate says he will shift to the executive chairman position at sprint and take their role as chief operating officer and chief executive at sprint's controlling shareholders softbank international sprint's current chief financial officer michael combs will replace clora as c.e.o. by the end of the month and t. mobile c.e.o. john legere is expected to lead the combined new company ephedra lan try trust officials allow the merger to proceed. more fallout from the political privacy controversy at facebook as the company that kicked off the frenzy cambridge and a little has filed for bankruptcy cambridge

emily: snap ceo evan spiegel there., arianna huffington talks about her mission to transform culture and her goals. this is bloomberg. ♪ emily: earlier, we caught up with former microsoft ceo steve ballmer and talk about his outlook on some big tech companies. he says he is optimistic about facebook after its latest learning results despite the controversy. take a listen. steve: if you look at last quarter's results, it would be hard to say it is too late. they still have a lot of momentum in their business, in the user account. i certainly don't think it is too late. they are smart people. i spent a lot of time over the years, a good amount of time with sheryl and mark. i think they will be very resilient. emily: ballmer also explain why he sold his entire roughly 4% stake in twitter. steve: i actually sold my twitter stake. emily: all of it? steve: i'm sure i own something index funds. but i did. i decided i am not really excited to be an investor. great thing to do but probably not for me. b, the price was pretty goo

brian chesky of airbnb, james murdoch of fox, dara from uber evan spiegel, snap and it goes on from therep >> good lineup we'll see how many -- and surprises. >> how many come on with questions from you >> or comment substantively on the news of the day. code has a good record you think about appearances by the likes of elon musk and others >> plenty to ask any of those people look forward to that you're not going to be here, though >> that affects you in some ways >> but you'll be on live at 9:00 >> when we come back, box office bust solo stalls as the latest star wars film falls short of expectations "squawk alley" will be right back after this quicbrk.k ea >>> the box office this holiday weekend was dominated by a galacy far, far away, but despite taking the top spot, "solo" comes in well below expectations it took in $103 million in north america over the weekend for comparison, the last star wars film, the last jedi, made $220 million in its debut. i think it's the lowest star wars open since attack of the clones so we're going to watch that and see how it changes, i don't know, the

last night snapchat ceo evan spiegel weighing in on the hot topic of regulation. >> foolishly some bignies want that, they believe they're best equip ed ped to deal with regulation, and there are times in history when regulation entrenched big companies i think that's a huge mistake. i think that that would inhibit innovation but i do think there's some really great legal frameworks developing like gdpr that is thought out, gives the user control and choice and that will make a difference. i think there's going to be a balance. i think there will be some regulation, but at the same time technology companies need to incorporate the spirit of protecting user privacy. >> speakal also ta he also call ahead of sheryl sandberg's big code speech. >> we would appreciate it if they copied our data protection practices also >> i was waiting for that. >> sandberg did not address that comment from spiegel in her speech, but she did give her own take on facebook's regulation policies >> it's not a question of people say should facebook be regulated, should other companies be regulated we are regula

we'll hear from ceos tim cook and evan spiegel much more "fast money" still ahead.indistinguishable muttering) that was awful. why are you so good at this? had a coach in high school. really helped me up my game. i had a coach. math. ooh. so, why don't traders have coaches? who says they don't? coach mcadoo! you know, at td ameritrade, we offer free access to coaches and a full education curriculum- just to help you improve your skills. boom! mad skills. education to take your trading to the next level. only with td ameritrade. >>> we have a news alert on amazon and whole foods let's go to eric in the newsroom for the details. >> so amazon is planning new perks for prime members including 10% off for whole food stores so you're seeing the synergy between amazon and whole foods. 75% of whole foods shoppers are prime members but 20% of prime members are whole foods shoppers so you can see how the company is trying to go after those grocery stores with this acquisition. there will be more discounts available depending on what credit card you use and stern locations wil

evan spiegel did say he wished they copied more of their privacy protections than social ideas.n the end sheryl sandburg took the stage. >> it's a platform where so many people share they do the goods and the bad. it's not that we're going to prevent all of it. we'll never say that, but we can get better we can be more transparent we can put a lot more resources and a lot more technology and automation and people. we're working on being more transparent. we think that is a huge part of the answer. >> so that kicked off last night. it's another big day today randall stephenson we'll hear from on stage today. alibaba, uber, spotify and as the topics are plenty to talk about regarding social, innovation, and tech, obviously. roseanne is a hot topic here and m & a. it brings a new personality every year we're getting a sense of what this is going to be. >> carl, last night the ceo of salesforce told me what mattered was customer and truth and he did intimate he felt that facebook believed that truth is just a by-product. and given it's a by-product therefore it's not front and cente

ceo evan spiegel says the changes will work eventually. francine: thank you so much.s believes special counsel robert mueller to conduct the investigation into alleged meddling by russia. he spoke to bloomberg's erik schatzker at the conference in beverly hills. >> the president has said on a number of occasions that people keep telling him he needs to fire either the attorney general , deputy attorney general, --cial counsel bob mueller are you one of those people? >> no. i'm not. whenever i give the president advice he reminds me that if he would have listened to me, he would still be on the apprentice. that is the wrong advice. bob mueller is the best pro you could find to do that job. fbi,eton, marine corps, he's rocksolid. allow him to do the job. get this over with. the president knows that he was not culpable of any wrongdoing with regards to russia. it is frustrating to have so ,uch focus constantly on him but everybody is just doing their job. let it go forward. you've got the best team in front of you to do it. >> who has his ear on this? who is inciting him

higher by 25 points s&p 500 up just marginally some stocks to watch as well, snap's first quarter, evan spiegel'sowth and daily active users came down after the redesign of snapchat's app upset some fans and advertisers. the company acknowledged the plan hurt results but it is sticking with this plan. >>> shutterfly reported a narrower first quarter loss and the revenue beat forecast. the company is raising its full-year guidance to reflect the acquisition of lifetouch which does school and yearbook photos that stock up over 10 %. >>> gilead's first quarter profit myself forecasts. shares of its hepatitis c drugs slumped nearly 60% amid increased competition. gilead is sticking by its sales outlook for the year. >>> it's a busy day for corporate report cards we have cvs health, kraft heinz, mastercard and yum reporting before the bell. after the close, we will hear from tesla and spotify the fed is front and center today. the central bank will wrap up its two-day meeting with a policy statement at 2:00 p.m. eastern time no jay powell news conference this time around but the markets will watch thi