tag heuer announcing it will cut prices by 13% in some markets.artership with google and intel. talking first on cnbc the head of lvmh's watch division and ceo of tag heuer, jean-claude biver. good morning. a lot of people saying this marks the swiss watch industry end of ignoring the threat of smartwatchs. is that what this is? >> no no the swiss watch industry has entered connected watch very recently. the last example is our entry into the connected watch together with intel and google. the swiss watch industry is quite strong and innovative, of course. we were not in the communication technology. we know how to produce movements. we know how to produce cases, crowns but communication technology the microchips and software is not our specialty. and because of that we believe that we should be associated with the two strongest giants in the technology. one for the hardware which is intel, intel inside a tag heuer watch and for the other one, android wear from google we signed and communicated a few minutes ago this incredible strong enormous par

google and intel are teaming up with tag heuer to develop a smart watch. the watch will be unveiled sometime this fall. here is the tag heuer ceo at basel world, the world's biggest watch and jewelry trade fair. >> we announce a huge partnership. silicon valley has met switzerland. by doing a partnership with the two giants from silicon valley google and intel, google and intel will partner together in order to make the next tag heuer connected watch. cory: other swiss watchmakers are adding digital features to their products. go daddy has plans to sell 22 million shares priced between $17 and $19 apiece. go daddy's ipo comes three years after the company was taken private. they are hoping to get an uptick from that investment. go daddy posted a loss last year and revenues of $1.4 billion. the ncaa tournament kicks off in minutes. 36 leaders from top corporations are taking part in a bloomberg's brackets for a cause. tech titans include eric schmidt, john chambers. undefeated kentucky was the top pick of the 23 entries. now to the lead. tesla's ceo has a m

all this will be in the tag heuer connected watch. >> to make this a reality, tag heuer had to look beyond big part of it is having a power efficient enough chip. i've never actually found something that has to much battery life. we always find a way to take up whatever slack we build from a hardware perspective. >> having hardware and software work together from the beginning provides lots of opportunities. >> intel, with other partners we have, are able to really go deep and think a lot about what are the right sensors to bring to a platform and a device, what are the right display technologies to select for the exact look and feel that we want to achieve. it is definitely the case that by using the three companies' expertise together, we can achieve a lot. >> it is strange to think, but in just a few years, we could hear these guys talking about software too. >> i think they will be surprised that we managed to have first the idea to try to get this partnership and that we managed to get it. they might start asking themselves, why haven't we done it? mark: you are looking at a live shot

tamara heuer standing on a rooftop in front of what is the remains of the buildings that collapsed after this his conclusion. >> i'm on a rooftop on seventh street and second avenue. now you can see buildings that went down. they are continuing to do search-and-rescue and pouring water on it so there is no fire. but though i want to tell you about my night last night. with everybody else i worried about my friends in new york city so i went on facebook and saw a post of my friend holding a picture saying thank god we are okay. i reached out to her immediately and she's fine but she is two friends that were evacuated and they were spending the night. i asked them about how they were handling everything and what happened and how close were they to the explosion. >> i knew was signed of -- some kind of an explosion. i assumed it was nearby. i walked by it 20 minutes before on the way home. >> they immediately jumped out and ran down the stairs to see what happened. he took pictures. this was immediately after the explosion. before the buildings caught on fire. >> this was the building that

. >>> speaking of wearables, intel, google and swiss watch maker tag heuer will make a watch that's lesshisticated. >> and you'll still be able to tell people what time it is. always a key feature. >> we have our phones for that. >> final check of today's top stories. target settling a class action include settling from the data breach. $10 million to be complete between 110 million people affected bite breach. >> and a 1-year-old and a young woman in the hospital after stuck in a crosswalk by an suv. >>> governor brown will announce emergency brought relief measures today. that move comes days after the state water resources control board expanded emergency regulations curbing water use. >>> okay. take a deep breath, because we are mosley through the week. what is in store, christina? >> i can appreciate that. it will beet warmest day of the week. final day of winter. 40s and 50s to start. a few 80s out there. 79 in the north bay. >> wow. maybe a good day to head to the beach if you can make it. >> let's start with that unpleasantness right here. this is san mateo bridge. it's heavier t