is just as course of that large companies like google amazon yahoo that have a bevy of lawyers on their staff or do you think that they were purposely trying to intimidate you because they knew you were relatively unprotected. i think that this particular case moved at the speed that it did. because as a small business i was not prepared to defend myself in a courtroom a thousand miles away i have lawyers here in north texas i do not have lawyers on retainer in virginia and going through the process of finding a lawyer that was familiar with this highly specialized area of law and then furthermore finding one that could represent me in virginia was an incredibly difficult task particularly given the fact that i couldn't advertise i was aware of mailing lists where topics like this are discussed and my first instinct was to send a message to one of these lists asking for help and i couldn't do that i would have been violating the court's order i had to interview lawyers individually and that took in some cases several hours to relay the facts and just find out what kind of understanding

it is bigger in china than facebook, google, amazon, yahoo. >> it aims to draw in high-end shoppers, but right now its invitation only and in a crowded marketplace it won't be an easy sell. >> just because alibaba has these deep pockets does not necessarily guarantee success. they'll need to have great merchandise, then they'll need to get the word out and ensure that their marketing is up to pa par. >> though 11 main is alibaba's first product launch the company has been busy investing in american companies. the company has invested hundreds of millions, part me, tango, a mobile messages app lif lift, the car service app offered by uber is designed to make getting around town less stressful. but today it was the cause for a traffic tie up in europe. in berlin it clogged the streets. the protesters say they're losing customers to uber because it circumvents local taxi rules. instead of taxi prowl city streets looking for customers. uber customers link using their smart phone gps system to locate people using the at. now the protest may have backfired. uber said it's london sign ups w

abundantly clear that the remarkable success stories of the first large internet startups, google, amazon and yahoo! were not written in a regulatory vacuum. rather these companies benefited from a regulatory ecosystem that encouraged the widespread deployment and adoption of broad band internet. as an expert agency with 80 years expertise over telecommunication services and more recently information services like that internet, the federal communications commission has been at the forefront of crafting regulations that not only encourage gret and competition but also advance non-economic vams like equality of opportunity and fairness. indeed, as the d.c. circuit recognized earlier this year in verizon versus fcc, regulations that ensure internet openness have fostered a "virtuous circle of both social and economic fruit." although the court ultimately vacate it had open internet order in verizon, the d.c. circuit strongly upheld the commission's basis for promulgating net neutrality rules under section 706 of the telecommunications act of 1996 precisely because congress mandated the commission to

is just as course of that large companies like google amazon yahoo that have a bevy of lawyers on their staff or do you think that they were purposely trying to intimidate you because they knew you were relatively unprotected. i think that this particular case moved at the speed that it did. because as a small business i was not prepared to defend myself in a courtroom a thousand miles away i have lawyers here in north texas i do not have lawyers on retainer in virginia and going through the process of finding a lawyer that was familiar with this highly specialized area of law and then furthermore finding one that could represent me in virginia was an incredibly difficult task particularly given the fact that i couldn't advertise i was aware of mailing lists where topics like this are discussed and my first instinct was to send a message to one of these lists asking for help and i couldn't do that i would have been violating the court's order i had to interview lawyers individually and that took in some cases several hours to relay the facts and just find out what kind of understanding

so the if consumers are going to amazon, we're going to make sure our clients are there. whether it's google, yahoosed that folks -- they're focused on that direction. there's so much big money going local now because that's where a lot of business is done, local. liz: ceo of reach local. reach out and get those local dollars and eyeballs. great to have you. thank you. good partnerships, too, good luck to you. >> thank you. liz: closing bell ringing in six minutes. ever wanted to start your own record label? forget that. maybe that's too difficult. investmentinvest in the future f what you know will be a very popular band but you didn't have a few million dollars to spare? there is now, this is so cool, a new way to invest in your favorite music and the royalties that will come from it. the founder and ceo of royalty exchange will show you how to do it, "after the bell." ♪ ♪ weekdays are for rising to the challenge. they're the days to take care of business. when possibilities become reality. with centurylink as your trusted partner, our visionary cloud infrastructure and global broadband network f

>> barclays analyst initiating covers on big internet stocks that you know, facebook, google, twitter, amazon, yahooere, an under weight rating on netflix. the stock is at $441.40. so actually the barclays analyst, paul vogel, i don't know, that's why the coverage is so initiated on all of these at one time sees a 5% drop in shares of netflix. in the meantime you have google, facebook, twitter as over weights with a gain of 12 and 16% respectively on some of those names. up side for twitter, facebook, google. 5% down side for netflix. i'm noticing this now, kevin. fed policy is, quote, reverse robin hood. ben eisen at cbsmarketwatch.com coming out and making an article. you're making an imprint. >> that's because of go pro. they've been following me all morning. >> we have. >> is it on? >> i don't know. there it is. it is on. are you going to be the cameraman? reforming the nation's corporate tax code has been a topic of contention on capitol hill for years. our next guest has penned an op ed on three ways he would like to change the tax code. senator rob portman joins us. good morning, senator. >>

yahoo!. >> so the tech company, as we know, is a huge engine of growth. amazon, apple, googlek all rising a lot on the list this year. but yahoo! actually falls off this year. you know, yahoo! was 492 last year. it wasn't like this was a huge unexpected thing for yahoo!. its revenues are not what the other companies are. not enough to make minimum this is year. but all of the other tech companies, facebook was brand-new to the list and jumped up 141 spots. >> this list dates back to 1955. general motors has ranked first 36 times. they are slipping. they are number seven. do you think gm is sliding out of the top ten eventually? >> you know, it's funny. it's just staggering if we think back decades ago, gm really commandeered this list and business. so as goes gm, so goes the nation. that was the expression and it really was true. times have changed and it's number seven now. it was number seven last year as well. the big question, what is going to happen now as it deals with the recall crisis. so far the company has reported first quarter profits not too long ago were up 7%. s

the music and video streaming wars are sure to intensify as amazon, yahoo! google and others ramp up their music and streaming tv options. speaking of streaming, we can expect the if he cfcc to settlet neutrality debate. youtube battles comcast and time warner cable about paying for faster speeds. and get ready for more merger and acquisitions as media giants look for more digital growth as disney did with their purchase of baker studios. that's your "second half media outlook." i'm julia boorstin. >> all right, so against that back drop, which media stocks are poised for a great second half of the year? let's bring in a couple analysts. >> david nelson from bellpoint asset management and jason moser from motley foal. good to see you both. >> good to see you. >> david. >> there's consolidation in the industry, always the disruption of technology. you hear content, distribution, so forth. what are the trends you see for the second half of this year? >> well, we just got past a big hurdle. obviously, we saw the supreme court decision against aereo, and that's good ne

yahoo! which doesn't have a phone just like google has a phone, you know, apple has a phone, microsoft has a phone and now amazonhone. yahoo!s that to create the great apps or app experiences or app services to the big smartphone providers and now it doesn't have the weather app, not providing information to the weather app. data had been provided by the weather channel, ironic. weather channel did an enron around yahoo! and now it's the provider of the weather. it got rid of yahoo! as the middle person. problematic from there. >> i can ehow it's problematic because marissa mayer liked to say, hey, here are the apple apps installed on ios that we power. but at the same time, yahoo!'s weather app right now is better than apple -- yahoo!'s app on ios is better than apple's standard weather app. it shows a ten-day forecast. it has features that apple standard app doesn't have. is it possible that this could shape yahoo! out into doing better with its own apps the same way apple's maps kind of allow going to get more downloads? >> if they can. but the new weather app the weather channel is providing apple is going t

google. the equal weight, four names, amazon, linkedin, and yahoo!nderrate netflix. >> did you get the notes on that? did they explain why they underwaited on netflix? they are explaning the buoyant side of things. i didn't get an explanation as to why, though. it's been a good run. >> the target's on facebook 78, 650 on google, a 46 on twitter, so we do have some enthusiasm regarding the internet and social space as well. >> twitter responding most positively to the move this morning. although, twitter moves more percentage-wise in the group one way or another. eclipsing the $40 mark. not much action after yesterday's significant ruling basically putting aereo potentially out of business. as we said so many times on the broadcast yesterday, the follow-through, there is none. more or less flat. disney up a bit, cbs down a bit. big winners yesterday, focussing on larger cap companies were the smaller cap companies that own affiliates. they were talking about scripts, you know, did want to point out that today, got a bit of a move, but nothing much in