up next, iac founder and chairman barry diller joins us from las vegas. bloomberg. ♪ caroline: donald trump is said to remain opposed to the megamerger between at&t and time warner. he believes it would concentrate too much power in the media industry. now, media mogul barry diller is the chairman and senior executive of iac, an internet and media company comprising over 150 brands and products, including match.com. we caught up with him in las vegas and asked about trump's position on that deal. stock is your subjected more than a day or two to his comments, then you have a very lousy business. it is all today's ridiculous -- reporter: there were merger efforts last year in the similar way. do you see any likelihood of that deal being resurrected? >> no. reporter: why do you think that. specialu are on the cbs committee representing the chair holders, you are not going to purchase viacom at anything but a bargain sale price. if you are on the other side on the special committee, you will not sell it at anything but a premium. it will not happen anything,

up next, iac founder and chairman radel are joins the -- barry diller joins us from las vegas.berg. ♪ caroline: donald trump is said at&t-timesed to the warner megamerger, and shares dropped on the news. media mogul barry diller is the chairman and ceo of iac, a company comprising more than 150 brands and products, including dating site match.com and video service vimeo. in lasht up with him vegas and asked about trump's position on the big deal. reporter: if your stock is orject for more than a day two to his comments being a negative drag on you, that you've got a very lousy it's all today's ridiculous silliness. there were some merger efforts last year in a similar state. cbs-viacom fell apart area do you see any likelihood of that being resurrected? guest: it would not have happened anyway. reporter: why the you think that? on the cbsou are special committee representing the shareholders, you are not viacom at anything but a bargain sale price. if you are on the other side of the special committee, you are not going to sell it at anything but a premium, so it's never going

ths ise iac rhe anbssi about e ze ofrodstnaurions, we gh to foc on this. is is realew the speaker pro tpore:or what purosdoes the gentleman fr frida sk recognio . liki: asknanims conse tadesthhoe foonmite vi a extenmy remarks. t sak p tpo: wiouobjection,he getlanroflid i recognizef o mut. . ilirakis: thank y, mr. eaer. mr saker, i ri tdato dcu iortant legislation i ll soobenoducing in this cones. the fodnsanentri ac fldi and flood insurce armaaj suor flidanmy strict ou cmuty alg e as isro xpici hurricas d tpil srms on aregular basis. oo insurce is amust wre we le. butig n t nional fld iurceroamas s fod iurce reson ps th c b50 yearsr olr. ny aolely outf date and ofennaurate. it also o oth ass that np or23biio debt. thelo insurce iteit til que pea rapant analevwof fod maps. sndgood, arinshoee flood insurance should be able tort atheir ood nsan preiu acutey reflecthrloodis 's th lsweano. that'hyth bl ses th. d id ck thankou the speerroemre f atpuo ds e gentleman from texas seek rogti? m sak, as uniou consent to address thhoe for onmite t speaker p tpo: wiouob

o maine wtee, esent obaaiiould epynsanceomnynd anhesa c't anth is iac o amarnd thaisnee e yi taddresbyavg more ois. many memrsf ts chaer share the goaof eanding acss tafrdable healt ca. d erheea iav collabat wh my llgu bhides othaie on nuerfniates anod,'m verleedo joenor cassidyn inodinou bilto help ensurehameca hehe accessoffdaeeah re atmprove choes and help to restrn cts i want tma o faloint d tt , i rognize w recoizth o bl n rft. istill wor in ogss expect weill get manydeas fromur cleueforurer fime a war cpletel op tth. but e ottautng specif legislaonn e tablehacan beebed rened,nd enaedthe llavailed e ameca pele th wl help ott min-- vi forwa wl llroct faliho rel oth progr angi iurers'ime to trsion t aewarketplace at is se on re choic ronsumers. weanto ensure that individuselngn e current sysm n expernce aeeess and aidle gapn coverage. ac o gl itoxpd verage to thosnely 30 millionmecans whoti don't haveovagnd t affordable ce t by giving stasptns tha or tmeet t edof their cizs,'m hofu tt he come up th a propol tt cld trt paisan support and ve ufoard in ts extrrdarily iortant dete. nar: a

liz: barry diller, chairman of iac/interactive. first on fox business, great to see you.s we look, we have 45 minutes before the closing bell rings. the markets are still a mixed picture. travelers is the biggest drag on dow jones industrials right now. but guess what? no drag here at the consumer electronics show where we snapped rudy giuliani and john chen of blackberry, they're working together on cybersecurity. they're coming on next live. don't go away. we're at ces 2017. ♪ ♪ brother dominic sir. nice work brother dominic, very nice. thank you. now we just need 500 more... translated into 35 languages, personalized for every brother and sister. and shared across the 7 continents. now where were we... ♪ (different languages spoken.) ♪ brother dominic again. look abbot, i got it! it's a miracle... ♪ liz: welcome back to the consumer electronics show. with about 40 minutes before the closing bell rings, i have just been able to work through the crowd and grab rudy giuliani, the former mayor of new york, big in cybersecurity as well as john chen of blackberry. you guys,

motivating experience, certainly more invigorating than that doom and gloom of the inauguration from iac, which i've noticed had noticeably low attendance. but coming from.march 2 today, i am disappointed in the first days of his presidency, president trump is by executive order, executive order, throwing aca, attempting to throw the aca into chaos and that the house is moving lower on a bill to restrict the health choices of women all across our country. h.r. seven is a bill that is an assault on the constitutional right of women to choose and to decide for themselves what is best for ourselves and our family. one of the things i've been in congress for 15 years and one of the things that i'm just completely sick and tired of it is men dictating to women as if we are and cannot make informed choices for ourselves. women are responsible. women are smart. when they know what is best for them and women can make their own choices. so republican need to stop telling women what we can and cannot do with our bodies. with that, i will close by saying the energy and a passion that i saw on satur

the zoo was also offering free admission for anyone born under the chinese rooster zoed yak siyak iac sign. >>> tomorrow, on our "bay area revelations," we'll be taking a look at how the bay area has made an impact on the movie industry. >> the bay area is -- it has a physical beauty that's just amazing. the redwoods, the bridge, the bay, just beautiful old victorian homes on these undulating hills inside of the city. it has the incredible nature out here. >> she loves it, like many of us do. "bay area revelations: the movies" airs tomorrow night at 7:00. we'll be right back. with the xfinity tv app, anything with a screen is a tv. stream 130 live channels, plus 40,000 on demand tv shows and movies, all on the go. you can even download from your x1 dvr and watch it offline. only xfinity gives you more to stream to any screen. download the xfinity tv app today. heavy, labored breathing heavy, labored breathing coughing breathing through oxygen mask breathing through oxygen mask breathing through oxygen mask breathing through oxygen mask covered california. it's more than just health ca

but, you know, behind closed ìác russians, including inside the kremlin, you're know, they're quietlyzver under donald trump. >> reporting there live from moscow asu! we await to find ou more information on when this phone call will take place. many thanks to you where it is 11:3@ t morning. >>> still ahead, donald trump is set to have his first presidential meeting with the world leader. what he and the british prime minister will talk about÷ú toda to come live from atlanta to our viewers here in the united states and around the world, this hour, you're watching "cnn newsroom." know when you hit a home run. that's how i feel about blue-emu pain relief spray. odorless and fast-acting. it soothes all my muscle aches and pains. and it's convenient for those hard to reach places. and if you're like me, you'll love blue-emu super strength cream. it's made with real emu oil, it's non greasy, it's a deep penetrating formula that works itself down into your joints. take it from me. it works fast and you won't stink. blue-emu, it works for me it'll work for you. did you know slow internet can a

professionals can do stuff at the high standards of analytic object to any and tradecraft that the iac has refined over the last 15 years or so to ensure we provide policymakers the most accurate insight that we can. i also need to add that this reflects the intelligence community's view, not that of the administration. attributing cyberoperations is difficult, but not impossible. every cyberup earth patient are not leaves a trail. the constant growing knowledge base of actors and the tools and methods to trace operations back to the source and determine for foreign governments. this is exactly what we did here. let me start with respect to google first address estrus goals and we have high confidence that president putin ordered an influence campaign to 2016 and at the u.s. presidential election. the goals of this campaign worked to undermine public faith and the u.s. democratic process, denigrate secretary clinton and arm her electability in potential presidency. they also develop a clear preference for president electron pair of russia's stargell president-elect trump's election cha

tomorrow we continue our coverage from ces with the iac chairman.dlines.th there was an announcement regarding live streaming platforms. the company announced a pact with cbs, the most-watched network in the united states. this is along with 35 other channels, including abc, fox and tbs. it will launch in the next few months and cost likes and $40 a month. speed up a network. the company is set to test a 5g high-speed network by beaming direct tv now to some users. it has reached speeds of up to 14 gigabytes a second. they believe it may be a faster option than fiber-optic cable. from the cheapest power on earth, just keep looking to the skies. how cold powered energy could fall to solar, next. this is bloomberg. ♪ caroline: there is one asset we continue to watch -- bitcoin hitting a all-time high wednesday. to continuedd adoption in china and other parts of the world. additional currency, which just turned eight years old, reached a new high of $1150. coming up, we will hear from a former cia dr. -- cia director jim wolf the. next, we are going to

we will have interviews with the likes of the aol ceo, the iac chairman, and reporting on the ground from our bloomberg technology team. do not miss it. bitcoin's rally has a new year given a new lease on life? what is the high? next. a reminder that all episodes of bloomberg technology are live streaming on twitter. check us out on bloomberg tech tv. this is bloomberg. ♪ caroline: we continue to monitor the departures at twitter. kathy chen is leaving after eight months on the job. she announced she is taking time to pursue more international opportunities. chen was hired to seek out more advertising revenue and other business in china and taiwan. michael: maybe she will be working for the government? caroline: we will be debating that now. it looks like bitcoin still has room to run in this new year. the currency is valued at above $1000 for the first time in three years. my guest, who is already energized about moving doors at twitter, will be analyzing for us now the bitcoin movement. up above $1000. what i want to know is bitcoin the key winner in crypto currencies? michael: so

the media genius and chairman of iac interactive. going to ask him about that and so much more. they're all coming together. i really feel so good that we have him for our viewers it is the number one story training today nationwide. as always and who wouldn't want flashing speakers. looking forward to your show at the top of the hour. the president-elect has a new nickname for chuck schumer. in a string of tweets today he takes aim at the senator it insults him but is it a really smart move considering the senate will be holding cabinet hearings next week. this is judy. judy is 63 years old. her mortgage payment is $728 a month. that's almost 9 thousand dollars a year. now judy doesn't think that she'll be able to retire until her mortgage is fully paid off. this is mike. mike is also 63 years old. his mortgage payment was $728 a month. mike thought he would have to work for another 12 years until his mortgage was paid off... and then mike heard about a reverse mortgage and how that might help him. he called one reverse mortgage to

iac webb caught up with founder and chairman very diller. -- to being a negative drag on you, then you have a very lousy business. it is all today's ridiculous silliness. >> there were some merger efforts in a similar space, cbs-viacom fell apart, do you see that deal being resurrected? >> it should never have happened. >> why is that? if you are on the cbs special committee representing shareholders, you are not going to buy viacom at anything but a bargain sale price. if you are on the other side of a special committee, you will sell it at a premium, so it won't happen anyway. >> how would you try to turn around paramount? is there a way it can be done? >> you make a good movies, it turns. it ain't hard. compared to what's going on here and the changes in the world, storytelling on a big screen is very simple. you have a story, tell it, and people either like it or not. there is no tech involved. it is quite binary. tech companies are increasingly looking at the content space. amazon has made huge strides in that space. there is a lot of t

fairy cube eiac told his players -- gary kub about iac -- kubiak told his players he is stepping down for health reasons. >>> new from overnight, police in santa rosa are investigating a deadly car crash. it was first reported about 11:00 last night on mountain hawk drive, not far from the sonoma highway. a silver chevy cav leash veered off the road and slammed into a tree. one person was killed, atth was critically hurt. alcohol may have been involved in this deadly crash. >>> we're now less than three weeks away from inauguration day in washington. >> yeah. president-elect donald trump is preparing to take over the white house, of course. president obama now in his final stretch, and as doug reports from washington this morning, president obama is using these final weeks to secure his legacy. >> well, we prepare here in washington for january 20th, and the inauguration and the arrival of president-elect trump. we're getting a better idea of how president obama is going to deal with his departure. >> reporter: president obama bidding fair well to hawaii this morning, most like isly f

. >> come june the hills of manayunk wall will be known like this, em iac

alex webb caught up with the media and industry leader, iac founder and chairman barry diller.ake a listen. barry: if your stock is subject for more than a day or two to his comments being a negative drag on you, then you've got a very lousy business and it's all, you know, all today's ridiculous silliness. alex: there were other merger efforts last year. cbs-viacom obviously fell apart. do you see the likelihood of that deal being resurrected? barry: should never have happened anyway. alex: why do you think that? barry: if you are a cbs shareholder -- excuse me, if you're on the committee representing the shareholders, you're not going to buy viacom at anything but a bargain sale price. if you are on the other side, on the special committee, you are not going to sell it at anything other than a premium. it's never happening anyway so i don't know why anyone made news noise. alex: how would you turn around paramount? or can it be done? barry: if you make good movies, it turns. it ain't hard. movie business is the simplest business compared to what's going on here, the changes i

safe because the police departments couldn't do their job because they were paying attention to that iac wanted them to do so that is interesting and my understanding is if they push we are going to see lawsuits about that back ont on to the theme of uncertainty it will be interesting to see how that plays out in the coming years. >> the theme for today's stormy weather and uncertainties of this is a good place to close. i want to thank the urban institute for hosting this event and the informative panel. [applause] [inaudible conversations] they said let me tell you something, i think everything i can to protect my country and i'm not afraid of you and president bush and anybody. if i have to give in order to protect my country, i will. he did this mussolini thing with his arms and then just said that i didn't give that order. sunday night on q-and-a former cia analys analyst john nixon ts about his book debriefing the president, the interrogation of saddam hussein. >> the use of power in the way political power is exercised in the political power game and i think he saw that when you a

this is partially impacting iac the off ramp from bw parkway to 50 and 50 slowing before bef 410 allcrashsh scene past 50. sc but 295 you updated and 50 intersection dealingerse with some big problems there.he riggs road shut down. d yellow line rigids train tin malfunction at pg plaza.g plaza green line single trackingline georgia avenue to u street.o u steve and holly, back to you. yu >> new details about the next n phase of metro's safe trackaftrc program. up next, 18 days of work onn the blue line.the now that starts february 11th. upgrade and repair the rail t r system expected to be finished asin of now sometime in lateimet june. >>> luxury pop-up hotel in arlington's pentagon city willil start renting out 50 unitsts today. to the bartlett is actually anlly a apartment building but some ofu the empty units are now being bg rented out as hotel rooms. staying just one night oring several, each unitju fully f punished includes the usualsu apartment amenities fullull kitchen and laundry. prices 179 a night up to three h fine twine night. rates will be higher during peak times as yo

the morning high.ig 46 now at gaithersburg.erurg 45 at frederick.redeck 42 at hagerstown clearly can iact front leading edge ofn the cold air that's going to beg marching its way southward as ws head through the day today. t t. i do think we bubble brieflyriey back up into the mid 50s early e portion of your afternoon.no but then second half of the dayd today, temperatures really stars to tumble and we're in the 40s t and 30s as we get into the evening hours here.rser here's your weekend forecast.dor just for a preview here.ew saturday, yes, wintry mix, more, on that coming up in just a fewa tes.tes. sunday does look dry now. so good news there. the we can see a good amount of amon sunshine. 46 degrees for sunday afternoon and monday 43 with a few more fw clds around.d. all right, guys.uy take you hour by hour with whatw 60 for your saturday coming up m little e bit. i'll send it back to you.d it bo >> thanks, mike.ik >> 9:04 is the time. the in the news this morning d.c. dc police need your help tracking p down a man who they say isy groping women in the district. >> assaults happened j

and iace an uphill cycle put this question through the trump transition team. is that they have had more than 300 meetings on capitol hill to try to introduce these cabinet appointees to members of congress. they also had more than 30 practice hearings with each of these folks who are going to be grilled under the congressional questions. combined aretions how many different questions all of these picks are preparing for. so they are preparing hard. tom: thank you so much. that was kevin in washington this morning. we will hear much more from him as we head to the inauguration. westinup later, david fromdown with the engineer general motors. look for that around 8:30 new york time. this is bloomberg. ♪ francine: what is the best news of the year? besides the fact that i'm in london with francine, the bank of america stepped up its support. last week at itunes, stunning interviews. francine: larry summers would be my height. tom: and bill gross talking about mussolini later in the week was something. look for the podcasts on itunes. we go to a morning must-read

more interviews from ces throughout the day, including a conversation with iac founder barry diller.nvestors in the defense sector may not have liked what he said so far. i look at the future of defense and aerospace stocks. this is bloomberg. ♪ david: this is "bloomberg markets." i'm david gura. vonnie: i'm vonnie quinn. we have more breaking news. julie hyman has the details. donald trump apparently remains opposed to the merger between at&t and time warner. apparently he believes it would concentrate too much power in the media industry. this is according to people close to the president-elect. he has not spoken publicly about this transaction but according to our reporting, a story out by jerry smith and josh green, he told a friend that he still considers the merger to be a bad deal. his chief strategist steve bannon is also opposed to the deal, according to people familiar with the situation. deal duringast the the campaign but has since been quiet about it. shares falling sharply on these headlines, down 1.7%. for trump did not him respond to request for comment. we are watchi

but netanya-net, iac, was an ad of jobs. similarly international textile group, it is true it had to reduce its work force. it is also true we are probably the last large domestic manufacturer of textiles left standing with maybe one or two other exceptions. subsequent to our work at itg, their main union became -- used its pension fund to invest in my fu funds. so clearly unite which is the union that has organized the textile and apparel industry felt that we did responsible things and we were certainly not anti-worker. i think in reality, if we hadn't also begun some foreign operati operations, we would have had to shut down far more of the domestic activities. i believe if you add and subtract we have been a very large net creator of jobs during this whole period in this united states. >> mr. chairman, i will take the prerogative to ask one more question. i emphasized it under my opening remarks. in the noaa scientific integrity policy, noaa scientists do not need to ask for permission to share their expertise on scienti