facebook trying to make it service stickier there's an onslaught of competition for facebook every day the basic is trying to figure out what thousands and thousands of things you could show any given user from the stream of content from their friends is going to create an experience that brings you back to facebook more often let's be honest this experiment the problem here is that facebook revealed it publicly not that it's happening they're performing similar types of experiments hundreds of times each week as our google star anybody else in this space whether search engine social networks they're always tweaking the results with an attempt to try to drive repeat users now alex the u.s. supreme court ruled that the broadcast t.v. d.v.r. service area is basically a legal an area has seized operation as a result so is this decision controversial and will it have a chilling effect on innovation. it's an interesting decision because you're really talking about whether or not there you have the right to provide something publicly and yet license for it privately the us has always held ou

>> facebook has 14,000 employees and facebook at 7000 -- they have more users than active accounts.he clichÉ is true, he will have a much bigger impact. >> let's talk about the numbers. whatsapp is completely separate and there is confusion about what the relationship between facebook and whatsapp is going to be when the acquisition is done. >> it's a big question. >> if messenger becomes what facebook uses for payments, you can't imagine a better canvas. >> let's talk about the payments angle. could they be working on a payments product that facebook has dabbled in but not quite worked out? >> the payments are quite different. the three really hot things for facebook, payments, mobile, messaging. >> john, you recruit for facebook. they talk about speaking with mark zuckerberg and being compelled. they had to pull out all the stops. >> zuckerberg is a guy that focuses on recruiting more than perhaps any other ceo on the planet. he is recruiting for hours the day before the most important day in the history of the company. he was recruiting executives the day of the ipo. if you can t

well, today facebook said it is pulling back the curtain.t to see the files that facebook keeps on them. here's anthony mason. >> reporter: the world's largest social network earned more than $2.25 billion in ad revenue in just the first quarter of this year. >> it is all about revenue, and facebook has really doubled-down on the idea that targeted ads, personalized ads are the way of the future. >> reporter: debra ahoe williamson, an analyst with the digital research firm e- marketer, says facebook has always collected data on its 1.2 billion users, not just their likes and clicks on its own web sites that they visit. >> it can take as, it can tag web sites so it can recognize when a facebook user is visiting that web site or using a certain app, and that information gets transmitted back to facebook. >> reporter: now facebook says it will use that information to tailor ads more directly to its customers. if you're planning a trip to paris and visit a travel web site, an ad may appear on your facebook page. the company, which in the past ha

how does facebook know what i'm doing on the web when i'm not on facebook?> keep in mind, you are using facebook connect to sign into a lot of other sites. the authentication process gives them data and gives you security. it gives you confidence and all these other things. it has been a very positive trait. i actually think this notion -- if i'm on a site that i know i like and they know i like and they say, is it ok to show you stuff relevant to that and i can turn it off if i do not like it, to me, that is all goodness. this is part of facebook maturing and becoming a responsible member of the media industry. >> i thought you were going to say, becoming utility. >> no, no. there is that. they're like the telephone company before it was broken up. in the early days of the old mob bell, it was the way that adults communicated. now it is the instagram and snapchat with the kids. >> i think the facebook connect is definitely one of the most powerful things they ever did. -- stealthily one of the most powerful things they ever did. the way i understand it work

say no through facebook. you will have to go to a different website to opt out. >>> radio legend casey casum is dying. the 82-year-old is bedridden. a feeding tube is all keeping him alive. and a judge ruled the daughter can remove the feeding. he is suffering and it is dragging out the process. he is known for hosting american top 40 for four decades. >> i used listen to that count down and i would write down all the songs and it is this is the number one song this week. i got excited about this. you had to listen to that show or your weekend was incomplete. >> besides hosting american top 40, casey casum was the voice of shaggy on scooby doo. what do you remember about the top 40? post on our facebook pain. >>> you don't usually see this in mountain view. a mountain lion. that big cat was captured a few weeks ago. >> it was waiting to pounce for hours. andria borba shows us. >> reporter: remember this scene on may 6? a mountain lion in a complex in manta view. turns out the mountain lion took the magical my

from facebook.e have no proof it works. now it seems the tide has changed. what are they citing as the reason for that? >> part of it, i think, is reach. with 1.3 billion users, monthly basis, 800 million users on a daily basis, facebook and some other ad met works, social media networ networks, youtube, witness the person there are very large platform miswhich to reach a large number of people. facebook has done a lot of things in the last two years we think to improve the level of services, reporting, tracking that they offer to advertisers. they allow advertisers to slice demographics in real-time better than most other advertising channels. those are at least two things that they have done. that mass of people they have and the fact they are providing better services both of those have led when we have seen in our surveys it has gone from 56% budget increase to 70%. we haven't seen a cresting yet of advertising budgets going to social media. >> anything that you learned through this study that w

by facebook connect.t made it really easy to sign on to sites. you did not have to have 100 passwords. the quid pro quo of that, if the advertising is relevant, it will feel like a good deal. when you have as many members as they have, the number of ads is remarkably low particularly if you compare it to terrestrial radio or newspapers where advertising dominates the experience. the more accurately targeted the ad, the fewer of them you have to do to make your numbers. >> what kind of guitar did you get? >> gretch 6118, anniversary. if you look at the video from last night, i played on it last night. >> early phase investor roger mcnamee. making its wall street debut today but what does this tell us about the fate of wireless and enterprise software? you can watch a streaming on your tablet, phone, and on bloomberg.com. ♪ >> welcome back to "bloomberg west." mobile iron is now a publicly traded company. they began trading on the nasdaq this morning hoping to raise about $100 million after delaying plans t

what do you think about facebook's mood experiment? and we have already got a number of responses and we just put it up 10, 15 minutes ago. >>> san francisco general hospital leaders are looking ahead as they look back on last year's asiana airlines crash. tours were offered a couple of hours ago of a mockup construction site. it shows a redesign and new rooms planned for the hospital's emergency department. the changes could be critical after a disaster or mult h1n1 casualty event like the airline crash. >> we use every sort of traumatic event that happens whether it be a gunshot wound, asiana or anything to see what could we improve upon? >> dozens of injured passengers were taken to st. francis general after the asiana airlines accident. sunday will be one year since the crash. >>> the u.s. supreme court refuses to hear an appeal from a north bay oyster farm fighting to stay open. the drakes bay oyster company is trying to renew its lease in the point reyes national seashore. but the interior department wants to return the waters it

david marcus is leaving for facebook where he will run the facebook messenger.e plans to leave the mobile payment company at the end of this month. what does this mean for facebook's future? this took a lot of us by surprise. were you surprised? a big talent move the does not involve an acquisition or start up. i think so. >> you look at someone who is three years into their gig. this is many times when you see start up executive sleeve is after three years. this is a step up down or sideways? paypal has 14,000 employees. 7000 but facebook messenger has more active monthly users than paypal has total active accounts. we don't usually think of facebook is being more or less but in this case, he's going to have a much bigger impact. >> let's talk about the numbers, 200 million monthly active losers -- users but is not stillg whatsapp and there is confusion about what the relationship between facebook and whatsapp will be once the acquisition is done. >> it's a big question but you look at this incredible canvas. if messenger becomes with facebook uses for payments

facebook will allow users to view ad profiles based on facebook and internet activity. we welcome our special guest host for this hour. an early investor in facebook and yell. cofounder of silver lake partners, the first private equity fund focused on technology. a hundred shows with his band this year. every greenroom should have a few instruments. a story that broke overnight. a major executive change at twitter. rowghani resigns his position although he will remain a strategic advisor to dick costolo. this comes after seven months after they go public. we've seen a lot of pressure to boost growth and getting them to spend more on the service. what do you make of this? twitter remains an extraordinary opportunity lost and, i think, a bad user experience. if i look at the embedding that twitter has done in the entertainment industry and broadly, it's amazing. >> i was watching some covers of the hockey game last night. the espn guys were using tweets as part of the dialogue about the game. >> for certain. in my mind, but they have accomplished there is extraordinary. i

thanks, facebook. facebook studied the emotions of more than 500,000 users, after changing the order of their news feeds without their knowledge. facebook said the study fell with than privacy policy which every user agreed to. we asked a law professor to look at the fine print nearly nobody reads. >> it's purposefully generalized so it allows them to utilize your data. >> should a consumer be concerned about this? >> you could read it three times and still not know really what they're doing with their information. >> reporter: it's estimated it would take 30 straight working days, eight hours a day to read the fine print that the average online user agrees to in a given year. the truth is, online consumers agree to these policies every single day, complicated documents. google's is over 3,000 words, ebay, 5,000. err for those feeling a little ambitious, linkedin's policy, 8,000 words. internet companies live and die about how they can use their customer information. >> facebook is a really trickty bal

whatever you put on facebook, it basically becomes data belonging to facebook.ally, that's the core of facebook's business. a lot of users don't realize this, but data gathering for use in targeted advertising is what pays the bills there and is what is growing that company. so certainly, i mean, users should know, and i think that's a big part of this issue. people just, you know, they don't read those privacy policies. they aren't really aware of what they're turning over. here transparency is an interesting question because facebook actually did publish this study publicly, so they obviously didn't think there was a problem with it ethically. but what's not really transparent, and the question that a lot of people are asking now is what exactly was the internal process at facebook? how did they decide whether this study should have happened or should not have happened? and how is that process carried out with the academic researchers as well? another big question. >> i wish we had more time. thank you so much. we just ran out of time. >>> okay. more details n

facebook has officially released its slingshot mobile app. app was released last week and then recalled. it allows users to send photos and videos that disappear. what is the story behind the app? is it a snapchat copycat? >> it works a lot like snapchat. there is a catch. in order to receive a photo or a video, you have to send one. so i can't unlock what you sent until i send you something. >> early reviews? >> it has done well within the facebook employee community. other than that this is the first day, a first test. >> do you think facebook is trying to adapt snapchat? is that the goal? >> mark zuckerberg says in retrospect, the poke was a joke. if it had actually succeeded, they would have taken ownership of it ver. employees at facebook decided this would be fun to build, and then it is a part of their creative labs. they are not a big deal for facebook now. it is a small thing. if it works, it does. it doesn't hit their bottom line. >> facebook messenger is working out. the paper has fallen off the radar. are there any standalone apps

what does this mean for facebook's future.fare joined along with ceo a company that recruits for facebook and others. this took a lot of us by surprise. were you surprised? move.s a big talent three years into their gate, it's a lot of times -- the notion of running a 70 person company is different. >> is this a step up, down, or sideways? >> facebook has 14,000 employees -- theybook at 7000 have more users than active accounts. true, he will have a much bigger impact. >> let's talk about the numbers. whatsapp is completely separate and there is confusion about what the relationship between facebook and whatsapp is going to be when the acquisition is done. >> it's a big? . messenger becomes what facebook uses for payments, you .an't imagine a better canvas >> let's talk about the payments angle. working on a payments product that facebook has dabbled in but not quite worked out? >> the payments are quite different. the three really hot things for payments, mobile, messaging. >> john, you recruit for facebook. they talk about s

and two, facebook is doing stuff with data. i want to be fair to facebook, though. you know, what they said in the study and the way it worked was they were not reading posts, per se. they were not reading the full posts. they were actually looking for sentiment-based words, positive words and negative words, both for the kinds of posts they would elevate and then really reading how you were responding. so a room full of sad posts, they weren't reading your sad posts, they were reading the sentiment. so it's not quite as creepy as we think. >> creepy if our emotions were affected by these posts, whether they were looking at it, i guess, or not of the lance, thank you so much. laurie segall, great reporting. and just a quick reminder to you, as we are watching the clock, waiting for the president, live pictures outside the white house on this monday afternoon. we now know the president will be speaking from the rose garden any moment. we are getting a little bit more insight on what he will announce. a white house official tells cnn that president will announce he is

facebook under fire.pany admits it tampered with 700,000 users profiles as part after psychological study. did it go to for? >>> plus, the search is finally over. chuck hagel reunited with one of his biggest military influences. >>> and pippa middleton gets back it basices with matt lauer. sfx: car unlock beep. vo: david's heart attack didn't come with a warning. today his doctor has him on a bayer aspirin regimen to help reduce the risk of another one. if you've had a heart attack be sure to talk to your doctor before you begin an aspirin regimen. narrator: these are the skater kid: whoa narrator: that got torture tested by teenagers and cried out for help. from the surprised designers. who came to the rescue with a brilliant fix male designer: i love it narrator: which created thousands of new customers for the tennis shoes that got torture tested by teenagers. the internet of everything is changing manufacturing. is your network ready? that's why i take doctor recommended colace capsules. [ male announ

. >>> facebook opens up. for the first time users will be able to see some of the information the network collects about them. >>> the san antonio spurs have the defending champs on the road after a dominating victory in game four of the nba finals. captioning funded by cbs >>> this is the "cbs morning news" for this friday, june 13th, 2014. good morning. good to be with medical treatment. as bigad shaban reports bowe bergdahl will face a new set of challenges at home. >> reporter: sergeant bowe bergdahl will receive psychological treatment. doctors will help him regaining control over his life, even pushing him to make simple decisions like what to eat. where he'll also be reunited with his parents. could the son they welcome home be a totally different person? >> absolutely. >> she's never treated bergdahl but has provided therapy for hundreds of servicemembers returning from combat including former prisoners of war. >> i would guess he would probably have a significant post-traumatic stress disorder. smell

facebook has to show we can try new things.can have this start up within a larger company. >> time will tell if this sticks. i feel like you get a few days and you know. thank you so much for the update. we turn now to our wire in the world juries. -- series. we are looking at how to technology is changing health . options for prosthetics are very limited but now am a multiyear to chelating bionic hand is commercially available and they can even link up to your smart phone. -- here is a look behind the i-limb. >> i would say this is the most advanced. when you see the opening to the hand, you see the fingers curling and grasping the item i'm holding onto. inost my hand wake boarding 2006. as soon as i did there was a slack in the road -- rope. and i miss the handle completely. the handle wraps around one time. unfortunately it was a blood it cause the blood flow to stop to my hand. since i'm an amputee, my personal knowledge -- knowledge with with prosthetics played a huge part. from the day i started looking at prosthetics. th

facebook or tweet ya@gerri will fbn. also coming up, there are big changes for facebook i want to tell but tonight. the social media giant said to make money off your profile. has privacy gone the way of the do-do bird? think about it. coming up. hi, are we still on for tomorrow? tomorrow. quick look at the weather. nice day, beautiful tomorrow. tomorrow is full of promise. we can come back tomorrrow. and we promise to keep it that way. driven to preserve the environment, csx moves a ton of freight nearly 450 miles on one gallon of fuel. what a day. can't wait til tomorrow. . cheryl: big changes are coming to facebook, the social media giant giving you control over the ads you see. there's a catch. sending advertisers more of your personal data. should facebook get a thumbs-up or thumbs-down from consumers. let's ask frankie from the napoleon media group. up or down? >> i say up. they have over 1.2 billion dollars. cheryl: you like the idea facebook is doing this. >> i like it. they got to make money somehow. cheryl: wha

facebook trading higher. should tell you more because the social network accidentally released its new app shot, slingshot, on the app store. slingshot has been pulled but the app still supposed to be facebook's answer to snapchat, complete with disappearing messages. i'm going to start with you, kevin, from a management perspective, i guess is probably the question. do you think that facebook -- investing perspective, do you think facebook is really going to get into financial services, that what this move, bringing this guy from paypal is all about? >> i certainly hope so. one of the most lucrative businesses they could launch. that's the answers. that that's why the street likes, this the assumption they are all making. you have got $1 billion users, everybody buys something every day. the opportunity to provide them some form of financial infrastructure that you get a click charge on is an amazing opportunity. that might get me to buy facebook store, when it pace dividend, of course. >> you don't own any

then according to facebook, they can use that positively for you to help advertise products on your facebook site that you might like to buy. but there will be those who are saying do i really want facebook sitzing there as a second pair of eyes looking at what i'm looking at across the internet. so there are some privacy issues around here and it's very different from what facebook currently does. keep your eye on this story here. we'll see this one fwroe as people realize the extent of data mining that facebook is able to do. >> all for the betterment of us and our purchases. have a great weekend. sgljts still ahead on "way too early," the government is out to keep the peace. how they are trying to keep the peace. we'll take you inside. >>> and a look at the new 90. the former president's reaction to a little bit of a rough landing. that story and a check on weather when "way too early" comes back on a friday edition. pl plap. >>> his lawyers tried hard to paint a portrait of an innocent peter pan. a child-like 46-year-old man who simply loves children. the jury decided the evidence of chi

but because facebook has them, are they facebook, or are they the users'?> the courts have said is an online -- it is an online repository of data. facebook happens to have the data. attorneyttan district can ask for it. facebook is appealing that, saying this is the equivalence of going into someone's home and taking out all their stuff. what is different when it is digital? >> so they already turned over the information? >> but they are trying to get it back. >> the da is trying to figure out away to keep it? do we know what people these are, what injuries they thought they were faking? >> government employees, retired police officers that said they had injuries and trauma related to work. the photos show them doing water sports are proving that they were not disabled. for some of them, not all of them. >> is obviously raises issues for facebook will be on the small case in new york. >> absolutely. this happened to twitter too. they protested the government asking for information occupy wall street protesters. they refused to turn over. this is an example

. >>> facebook opens up. for the first time users will be able to see some of the information the network collects about them. >>> the san antonio spurs have the defending champs on the road after a dominating victory in game four of the nba finals. captioning funded by cbs >>> this is the "cbs morning news" for this friday, june 13th, 2014. good morning. good to be with you. i'm anne-marie green. former p.o.w. sergeant bowe bergdahl is back in the united states. he arrived in san antonio, texas, early this morning. a reporter from our local affiliate taking that picture you saw that's believed to be the plane that cared bergdahl from germany. cbs news has learned that he still has not reached out to his family. he'll continue with his medical treatment. as bigad shaban reports bowe bergdahl will face a new set of challenges at home. >> reporter: sergeant bowe bergdahl will receive psychological treatment. doctors will help him regaining control over his life, even pushing him to make simple decisions like wh

neil: but it is facebook making a problem for the parent. >> facebook has tried to reduce the problemthere are millions of children had -- a gallon nine sign-on and their parents don't know. this is a way of letting the parents who let the kid online and giving the parents and control. if you don't want your child on line, don't give them access to a tablet, a computer. >> that is totally unrealistic. how can a parent not let the child? in school you have to use computers, telephones. >> it is up to the pant to police the activity. i don't have a problem with facebook. neil: you are not apparent. etimes that can be better. i am just telling you, easasier said than done. neil: what do you think? >> i am a professional godfather and of gold. all of my friends' kids, i take care of them. this is the parents' responsibility. kids needs a visceral, productive interaction. they don't need more segues in the materialistic and self-serving types of scenarios like facebook. but they are a key market. facebook will go after them. kids are already using them. parents need to do a better job. nei

i don't necessarily expect it from facebook.t we should because they mess with our news feeds every day. we're not seeing every post from every one of our friends. they pick and choose with these algorithms which is a word that means facebook can do what it wants as far as i know. >> there's about 1,500 posts that they say surface here and there. a lot of this is interesting, they see how you react. a lot of tech companies do this. let's go ahead and say google, twitter. a lot of folks are doing this. now we're reaching this really interesting time where these questions ethics and how much is too much. we're beginning to see. i think this survey really -- this research really showed that maybe they overstepped, but we should understand that we agree to a lot. there are 9,000 words in that data policy agreement, and we agree to all of those. >> yeah, well, look, i'm surprised a little bit by the outrage from people because of the fact we know we're putting our information -- >> i'm not surprised a lot. >> no. laurie seigel, alway

to make it facebook legit. i didn't know that was a thing. have you heard of this before? i guess the idea is if you didn't post it on facebook, it didn't happen. i asked the people about this today. i'm told that couples don't really consider themselves to be an item until they change their relationship status on facebook. when you declare yourself in a relationship, you become facebook legit. you have to be careful with that because you don't want to make it too facebook legit to quit because you can never break up. you can't be far off from a priest saying i now pronounce you facebook legit until of man and wife. it occurred to me today that i have never posted a selfie from the show on facebook. this show is facebook illegitimate right now. it's illegit. we need to remedy that. i need to take one with you right now. all right? all right. there you go. now i'm going to tag you all in it. what should i write? do you use hash tags? i forgot how to use my phone. facebook legit. all right. and now i will post th

facebook and twitter say they have been blocked from users in iraq. the iraqi government shut down access because militants were using the social media sites. facebook and twitter blasted the move as irresponsible and a hindrance to other users. youtube is also experiencing some issues as well. >>> president obama making it clear today that the u.s. would not respond to iraq's growing crisis by sending troops. >> we will not be sending u.s. troops back into combat in iraq, but i have asked my national security team to prepare a range of other options that could help support iraq security forces. >> those other options could include targeted drone attacks. the president also issued a warning to iraq's leaders. he said the united states would not help the government that couldn't work together and confront their problem. >>> russian bombers came close enough to california's coast to put defense officials on alert. norad says the two long-range russian bombers like the one pictured here flew within 50 piles of northern california's coast on monday. they

bob redell is live where facebook gobbling up a lot more land. what does this mean, does this double the campus? >> they're close to doubling their land oholdings here in menlo park. facebook has agreed to buy a ten-building site that is currently owned by connectivity. a large piece of property. covers 59 acres and on 300 constitution drive if you're not familiar, right off highway 84 kiddy corner from facebook's main campus. in a statement to "mercury news" they confirmed the purchase, not for how much or what they planned to do at this new property. an investment in their future with no immediate plans for development. incidentally, this 59-acre parcel is next door to where facebook is building its so-called west campus. an additional office space that will be able to accommodate several hundred more employees. this demonstrates how committed facebook is to growing its company here on the peninsula. you might recall three years ago when it moved into its headquarters on the location on the bay front the company employed about 2,000 people and

and facebook made that facebook worse on purpose without telling you.s crazy. not so far fetched. details coming up. immediately... taken to... stolen from... our room. the hotel manager was clearly behind it. he was such a... kind man. con man. my husband wanted to... hug him. strangle him. and to this day we're still in contact with... the manager. the police. i wish we could do that vacation all over again. don't just visit paris. visit tripadvisor paris. [ male announcer ] with millions of reviews, a visit to tripadvisor makes any destination better. >>> if you are on facebook, consider yourself a begin any pig, that's because the social media site altered the news feed to conduct a controversial mood study and they did not inform you. let's bring in alison kosik. >> there was a lot of outrage two years ago. it tinkered with about 700,000 news feeds, some people were shown a higher number of positive posts, others were shown negative posts, facebook wanted to see what kind of emotional impact facebook had on people. they found users were shown more

especially on facebook it's harder to find stuff. they just, you know, have hashtags now which i don't think people really use because they didn't before, so you don't really search for things on facebook. you usually find it through friend sharing. the more people who are on it sharing your content, the more people who will see it. it's a domino effect. so i think the ads worked well. we did do giveaways where people could sign up for our newsletter as well as social media. we contacted an author, and he actually retweeted a tweet that we had about the giveaway, and he has, like, millions of followers. like it's crazy how often he tweets and how many followers he has. and that was great. like, that's one instance of an author helping a small outlet like us and also, you know, giving away a copy of his book, maybe giving him more followers and just seeing him being involved was great. >> who's got a good story about something that was ineffective? come on. [laughter] you don't have to name any names. >> okay. >> come on, bethanne. [l

jon: facebook is under fire. upset over reports that the social media giant used thousands of them in a huge experiment. what is that all about? did you know a ten-second test could help your business avoid hours of delay caused by slow internet from the phone company? that's enough time to record a memo. idea for sales giveaway. return a call. sign a contract. pick a tie. take a break with mr. duck. practice up for the business trip. fly to florida. win an award. close a deal. hire an intern. and still have time to spare. check your speed. see how fast your internet can be. switch now and add voice and tv for $34.90. comcast business. built for business. jenna: facebook under fire today over reports that it conducted a huge social experiment on its users. and the purpose is to see if the social network giant could influence their emotional state. david lee miller has more on this. david lee? >> reporter: jenna, researchers did find that posts on facebook do in fact influence how we feel. but facebook learned ano

facebook didn't do anything i'm in the camp facebook is going to 75 ahead of earnings today. analysts have to catch up. stevie is well holding on. in early may. so that was a great job. i think it's running its course. does it have rom to 45? probably technically speaking. the fundamentals lean up in july. >> how long have you been on twitter? >> forever, as long as twitter has been around i have been in twitter. >> do you think the past month rises is because of a comeback if momentum stocks overall or is it a twitter-specific story? i guess -- >> it's a combination of those two stories. i think everyone that wanted to be out of twitter sold twitter so you get people that owned it that want to be out of it. now they believe, a, in the storyo, b, they want to catch some home item moving higher in the overall market. having said all of that the resistance is 42. you have a 1 much day moving average at 44. if you are a buyer, i'd wait to clear those levels. >> i agree, 41 bucks, you had a 31% run. facebook has a lot more chance to monetize. >> nike has better than expected earn

facebook trading higher.lly released its new app shot, slingshot, on the app store. slingshot has been pulled but the app still supposed to be facebook's answer to snapchat, complete with disappearing messages. i'm going to start with you, kevin, from a management perspective, i guess is probably the question. do you think that facebook -- investing perspective, do you think facebook is really going to get into financial services, that what this move, bringing this guy from paypal is all about? >> i

we have to facebook legitimatize it.t me to help you take that selfie? >> jimmy: will you help me, kesha, because i'm not good at that sort of thing. >> where is the button? >> jimmy: it's right there. wait. we all have to get in. >> scrunch in. i can't see -- >> jimmy: kesha is not good at it, it turns out. but there we go. i'm going to go ahead and post that. it has begun. "rising star" premiers sunday at 9:00 right here on abc. we will be right back with michael stevens. can i help you? we just wanted to find out about your family plan. sure, you get 10 gigs of data to share with unlimited talk and text. and for a family of four, that's $160 dollars a month. sounds great. sounds like a slam dunk. oh you a basketball fan? yeah, i played a little. hmmm, me too. lily adams. point guard. high school jv. grant hill. small forward. college and professional. oh, good for you. at&t introduces our best-ever family pricing. for instance, a family of four gets 10 gigs of data, with unlimited talk & text, for $160 dollars a month

that would be facebook. facebook bought for $19 billion earlier this year. cofounder and ceo tweeted very flattering to see apple quote, unquote, borrow, numerous what'sapplication features into imessage. apple borrows features but actually makes them better. >> think about all those separate apps and their putting it in one thing. that was the thing watching that two-hour presentation that excited me as an apple consumer. but excited me if i was long the stock. they're really creating something i think is going to be cross platform. i think ios users, when this comes out, they're slowly going to drop it. >> the whatsapp. >> i think that could really make the purchase price of $19 billion for facebook for wha whatsapp look silly. >> one potential winner from wwdc is microsoft. one blogger said the conference proves that microsoft has got the mojo these days and apple is looking old and stale. microsoft's new skype translation. >> i think microsoft does have their mojo back. i think you can easily see that. valuation is still reasonable. last quarter was outs

you'd almost see a 200% gain in facebook. what happened to facebook then?f saying stocks up 171% over the past 12 months, why was it so low in the first place 12 months ago? >> we or perceived to be worth less? >> the big issue is there is this massive growth in mobile usage and they didn't have a mobile product. i've always shifted from desktop to mobile put them in a really tough spot. i think investors understandably were concerned how they were going to play into that. that big ramp in the stock has been showing that they can make a lot of money in mobile. >> gene munster, thank you very much for joining us on amazon. >>> the biggest sporting of anywhere in the world starts today. but can brazil avoid the chaos to back up the world cup? launches this year in just about an hour's time. that's next. in a world that's changing faster than ever, we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every rea

we know facebook is always collected data on its 1.2 billion users. now, though, it's going to use that information to tailor ads more directly to its customers. but for the first time facebook will also allow its users to see what it calls ad preferences which should give the user little more control. >> facebook is in the business of gathering data and so they should be careful about what they share knowing that everything that they do there is going to be part of facebook's database. >> facebook will allow users to alter their ad preferences. they'll also able to opt out of receiving those targeted ads. >> slowly but surely kathy the rain is making its way out. we're getting toward better weekend. >>> we certainly are. we've been waiting all week. >> right. >> great weekend last weekend and the weekend before this could be three in row but we have to get through one more day of storms before we get the prize. outside, it is still warm. it is still humid, and it is still foggy. center city philadelphia, little bit cloud dough and actually foggy toni

"if facebook's secret suddeny bothers you, then it's time to quit facebook." >>> now let's go to a first-classct from actress amy adams that's taken bitter by storm. a lot of people praising the "american hustle" star for giving up her seat in first class to an american soldier. when asked, adams told "inside edition," i didn't do it for the attention of myself. i did it for the attention of the troops. now, this is one of the many selfies that passengers took with the star from back in coach. i think that's a pretty incredible story. adams herself comes from a military family, bill. >> don't everyone steal amy adams on me. i've been on her since "june bug" in 2005. >> i think that she has gotten a lot of good praise and attention. >> yes, she has. thanks, louis. that does it for "way too early." the vacationing thomas roberts says back tomorrow morning. now "morning joe" only moments away. nature valley crunchy granola bars give you energy from 1/3 of your daily whole grains, so 1/3 of this commercial is dedicated to what you could do with all that energy. energy for making new ocean friends.

emotions led some people to change their own facebook usage.he data used was associated with a specific person's facebook account and it was use to determine how people respond to different types of content, whether it's positive or negative in tone, news from friends or information from pages. this does sound pretty infuriating if you're on facebook. >> it's very frustrating for consumers or anyone who uses social networks to find out things are being done with their data. what i find the most surprising is if you've ever read through all of those forms and conditions before you tick that box, i took the liberty of sitting this morning and reading through the facebook data use policy and within there there's a bit that says for research purposes, we can totally do this. what's really interesting about this is so many people will happily throw their data all over the place and it's a very interesting story because, yes, on the one hand perhaps ethically there is a slightly gray area here where we're experimenting on people but then on the other

apple,ive in an age of google, facebook, and amazon.ry that anyone of them could become too powerful? >> yes although not necessarily specifically each one of them but more as a general system. when you have an aggregation of platforms you have to worry about leaving room for entrepreneurs and innovation. i worry about that on a general basis. i have talked to all of this, the ceo of those companies and they are all like, we are trying to build great products. >> richard ranson has a private island. what do you do? with all the money that you have made? >> most of it is still in linkedin stock because i am building the world to linkedin. i serve on a number of nonprofit boards. i tried to finance projects that i think are interesting. >> are we going to see you start something else, another company? rex pauly not. closely.etty i would say it is unlikely. you will see me partner with a bunch of great young entrepreneurs and figure out how to build something big. >> it has been a pleasure to have you on the show. >> welcome to money clip

turning now to facebook. i can do this and 12, the social network conducted a controversial experiment. they alternate algorithm on nearly 700,000 user accounts to see whether it can alter their emotional state by omitting positive or negative post in each newsfeed. but what about the legal and ethical issues of the study? me, and aon is with social media expert from chicago. how does this strike you? google is running 2000 experiments at anyone one time. is this any different? >> i don't think it is. we're seeing comparative advertising. they are saying how can we mimic real users and their data to get what we need, which is more interaction and engagement with the site? what is distasteful about this is the covert nature of this. an experiment on such a grand scale, and it was not disclosed to the user base. it doesn't smell good, or taste good. but essentially, there is no real overt legal problem. the terms of use allow for the minute relation of this data or internal research purposes. that facebook is b

one is as happy as they seem on facebook. last year a university of michigan study found the more time people spent on facebook, the sadder they were. researchers think it's probably because people are comparing their lives to everyone else's edited versions. keep that in mind the next time you log in. >> basically we are all lying to each other on facebook. >> i don't know. i think too much is being made oust of the whole thing. facebook is fine, in the right doses. >> thank you. >>> straight ahead - drones are taking off in popularity. thousands could fly above you. could they lead to a wild west in the skies. alarming numbers on the risks of excessive drinking, why you may want to cut back at the bar. and n.a.s.a. plays cowboys and asteroids. why they are looking to lasso an after i had that came close to the earth. >>> military drones have changed the american way of war. from flying long surveillance megses to locating and blasting taliban and al-qaeda terrorists and remote hideouts with he'll fire missiles. while the mi