david: jo, what does this mean for jack dorsey and future of square? right now at square. no further comment from them of as we reported their plans for ipo have been delayed. jack dorsey making a play to attract more businesses to sign up for square's payment services. that capital can only help that. they need the help. journal reporting that square lost $100 million last year. they're quickly burning through their $340 million of venture cash. jack dorsey repeatedly saying he wants to keep going, disrupting inventory, payroll and lot more. we'll see. david: jo ling kent. appreciate it. >> thanks. david: could be a football game-changer. we'll tell you about a new high-tech helmet for players that will transform the game forever. liz: you won't believe how badly -- we should be nicer how poorly rapper 50-cent throw as baseball. he blew it in front after huge crowd. he has other talents. guess what? there was somebody who threw out a first pitch at some point on angels game, who did better than 50-cent. david: no. liz: yeah, we'll show you who. ♪. you

twitter founder and square ceo jack dorsey is in retreat if from the mobile payment space.rmly believes the revolution is upon us. levelup may have just cracked the code that dorsey couldn't. their technology keeps consumers' data secure, but it also pair that is with a very low fee structure that keeps merchants happy. the ceo, and he calls himself the ceo and chief ninja, of levelup joining me now from boston, seth priebatsch. when i saw that square, which was really at the forefront of mobile payments, was pulling out of their mobile wallet part of the business, i thought to myself, wow, that's interesting. they couldn't make a go of it, but you can. what did you think when you heard about jack dorsey and square pulling out of mobile wallet? >> so, you know, at first blush we thought it was good news. it's nice to be able to have, you know, a little bit of open space in the mobile payments world. it's a very crowded space. but on the whole, we tend to think that more competition in the space is better. i think what square wallet did incorrectly is they were charging a co

. >>> from one tech mogul to another, square ceo and twitter found e jack dorsey wants to give smallesses quick access to cash. it's an alternative to the traditional loan. our own laurie segall sat down with dorsey. what is he trying to do for small business? >> he wants to help small businesses grow. always jack's thing. first square was essentially, let's help small businesses accept credit card payments. now saying give them an alternative to a loan, a cash advancement if they want. not charge interest, pay percentage by day. i asked details behind that. listen to what he said. >> we have this deep, deep understanding of our merchants, because they're running their own business on the register, we can actually advance them working capital, and we made it very, very easy for them to pay it back in the course of doing their business as well. >> i think data is the key word here, because now a lot of small businesses are using square register and every time someone swipes their card, score takes a little data about the company. what hours are people buying coffee quite a bit? now th

jack dorsey will be keeping his stakes.tent suit against samsung over smartphone technology. a jury in the california oh awarded apple 150 million dollars of the $2 billion it fought. betting on self driving cars. ae company is investing in company that develops car technology. finals -- thehe files of the request. >> i can't wait for self driving cars. pulsar a lot of -- that will solve a lot of my carpal problems. >> i was driving on a highway, a guy hit a golf ball, it dodged my windshield. it was scary. nearly had an accident. >> that's because you hang out in these places where there is a golf -- >> i was china get out of that place. admit i hitssed to a car from a golf course and it was horrendous. theily it hit the top of convertible and didn't break it. >> this was when you are the cftc commissioner. >> before that. it was on a renowned golf course. >> your tax dollars at work. you in 2007? at a bloomberg terminal, absolutely ofnderstruck at the outcome the liquidity crisis. how do you get into one of these major fi

. >> jack dorsey is one of your mentors. how has he been helpful to you? o them very early on. jack is a very deep thinker. he was the one who made me realize that this could be a powerful force for self-awareness and the world. >> my interview with david byttow and chrys bader. that does it for the best of "bloomberg west." we will see you again next week. ♪ >> the following is a paid commercial program brought to you by prosvent. >> do you make frequent trips to the bathroom? suffer from urgency or hesitancy? do you get up more than once a night? can you even sit through a movie? or worse, have a diminished sex life? if so, chances are you have an enlarged prostate. 30 million men now suffer from an enlarged prostate.

. >> jack dorsey is one of your mentors. evan williams. how has he been helpful to you? to them about this very early on. jack is a very deep thinker. he was the one who made me realize that this could be a powerful force for self-awareness in the world. >> my interview with david byttow and chrys bader. that does it for the best of "bloomberg west." we will see you again next week. ♪ . . >> the following is a paid program. the opinions and views expressed do not reflect those of bloomberg lp, its affiliates, or its employees. >> the following is a paid presentation from worx. ♪ nothing offends these members of garden club,nesses and they are here to do something about it. worxworx the all new gt

. >> evan williams jack dorsey are two of your mentors. how have they been helpful to you? them about this very early on. jack is a very deep thinker. he was the one who made me realize that this could be a powerful force for self-awareness in the world. >> my interview with secret cofounders david byttow and chrys bader. that does it for "the best of bloomberg west." you can watch "bloomberg west" monday through friday. we will see you again next week. ♪ about time. >> the number one people -- them one reason people have for not working out as time. for don't want to work out an hour. are you kidding me? i don't have the time. >> no time to work out? no p

. >> jack dorsey is one of your mentors. how has he been helpful to you? them about this very early on. jack is a very deep thinker. he was the one who made me realize that this could be a powerful force for self-awareness in the world. >> my interview with david byttow and chrys bader. that does it for the best of "bloomberg west." we will see you again next week. ♪ . . >> in the middle of the mojave desert, one of the most storied cities in the world. this is las vegas. where fortunes are won and lost. where lives are made and destroyed. where the house always wins -- until it can't. >> there is an awful lot of pain out here in las vegas. a lot of drama, a lot of stress, a lot of fear. >> one gambler preyed on the casinos in its weakest moments and walked away with more than $15 million in a single winning streak. people say you play perfectly.

. >> evan williams and jack dorsey are two of your mentors.now that they have been helpful. >> in various ways. we spoke early on about the idea of this product. he helped us think about and talk about it. jack is just a very deep thinker. he was the one who helped me realize that this could he a powerful force for self-awareness in the world. >> how can you make money? >> it is still really early. we have only been out for four months. we have a lot of ideas, but it is not a priority. we're focusing on the product to make sure it is successful before we consider that. >> last question, about whisper. they seem to be focusing on content and breaking news. how do you see yourself as different? >> we are a communications platform. we went deep, meaningful conversations. >> we will keep watching you guys. i will. secretly, on my app. thank so much for joining us. well, intel is betting big on the maker movement and we hit the maker fair with brian krzanich next. >> let's get you caught up on where stocks traded today. wall street finished higher

. >> you are doing this in ,artnership with intuit, square i know jack dorsey has done a similar thingnt to st. louis. >> the companies that we heard of were inspired by the small business we talk to. oh they talked about payment and financial management. those of the partners we went and sought out for this event. will helphe ones that small businesses grow as much as they can. he has helped millions of people search for love online. up next we will talk to match ceo about the recipe for dating success. you can watch us on your phone, tablet, apple tv, or amazon fire. ♪ >> welcome back to the best of "bloomberg west." i am emily chang. match has a stronghold on the $2.2 billion online dating market. the properties include match.com . they are 27% of the dating market this year. helping people find love is also boosting their parent company. the match unit saw in revenue in greece -- increase. hagan andth sammy asked how a company that matches people up remains so successful. >> what we are finding is that by having so many people finding success on our product, they our -- our our big

jack dorsey, along with major investors including benchmark capital, have announced publicly they haveell. what about the rest? joins me now in the studio. thank you for joining us again. aside from the top insiders and investors who say they are not selling, how many shares are actually eligible? >> there are several hundred million. nearly 500 million shares will technically be available for trade. there's a big difference between what you can do and what you should do, and what people will do. that is why there are is so much attention on these lockup dates. >> how many employees do you think will sell? >> it varies. wealthfront is the largest and fastest growing software advisor. we launched the single stock peppers vacation -- diversification. when we announce the feature in the fall, 10% of investors signed up for the service. twitter stock? >> we have some data on what employees are planning to do. >> what are they planning to do? thehey are in it for long-haul. a vast majority of employees are not selling the first day. we did research across 250 relevant ipo's and published it

. >> evan williams jack dorsey are two of your mentors. how have they been helpful to you? e to them about this very early on. jack is a very deep thinker. he was the one who made me realize that this could be a powerful force for self-awareness in the world. >> my interview with secret cofounders david byttow and chrys bader. that does it for "the best of bloomberg west." we will see you again next week. ♪ >> hello, and welcome to "inside fendi." we are in rome, and over the next 30 minutes, bloomberg will take you behind the scenes of one of the most iconic italian fashion houses, fendi, with the ceo pietro beccari. in 1925 two italians opened a fur and leather shop in rome. their names, edoardo and adele fendi. the mantle passed to their five daughters, and is there where the story begins. they had some help from

dick costolo and evan williams and jack dorsey have announced they do not land to sell their shares.it enough to boost twitter stock which has plunged 39% this year? max wolf joins us now from new york. he wrote one of the very first twitter reports on the street two years ago. we had the ceo of well front which is helping many twitter employees manage their portfolios on the show last week and he said the first cell lockup expires is the worst day to sell and most of the twitter employees they are working with not planning to sell right now. is that what you are hearing? >> yes, always a pleasure. a couple of things have changed in the market the past few years. there are specific things about the twitter story that make us feel like whatever downdraft is in the shares and be it's not a great selling opportunity and the world has changed a bit. they're a second market liquidity in a waiter did not use to be. you're not talking about people who watch this go from an idea to a $25 billion enterprise. that has changed. twitter is a good story and a bit most -- misunderstood lately and

is going after a gigantic market opportunity, with one of the best entrepreneurs in the planet, jack dorseyific team around them. we remain very bullish on square. i would not believe everything you read. >> zendesk is about to go public. what are your prospects? >> is one of the fastest-growing companies around. they built an exceptional track record, defining the category they are in around customer care, with an exceptional team that has grown the business. i cannot comment specifically on the ipo process. i would say that from our vantage point, we believe good companies can go public in good and bad markets. it is not easy for companies to go public. there are companies notably struggling with that process. we are excited for the zendesk team. >> speaking of china, we expect a big announcement from the company some call the apple of china. what do you think of their prospects to become a true global smartphone player? >> they are much more than just a smartphone player. they are a software that form. if it were a u.s. company, we would be reading about it every day. it is one of the gr

. >> jack dorsey, dick cost el low. are they afraid of you or me? it's the red hair.ey're scared of. >> scared of the red hair. [laughter] liz: thank you. thank you very much. charlie gasparino. we've got the closing bell ringing in 28 minutes -- >> she's a tiger. liz: here's a ceo who's never been scared -- he came on back in 2008. >> who is he? liz: solarcity, lyndon rive. google and other big players are joining this hotly-contested, competitive world of solar. they're linking up with solarcity and other companies, but it's not slowing down the industry's pioneer. exclusively, the company's co-founder and ceo, lyndon rive. he's also the cousin of elon musk who's the chairman -- >> i have no relation to elon musk. liz: and the nfl draft -- look at radio city, it's nuts. this is two blocks north of fox business, by the way. i'm not even going to try and go on sixth avenue -- >> friscos is going to be backpacked tonight. i'm going. -- packed tonight. i'm going. liz: we thought let's help you, we've got the ceo of this new fantasy sports site, sports trade. you want to

evan williams, jack dorsey, and dick costolo are keeping their stakes.ady superrich and they want to show a vote of confidence in the microblogging site as it grapples with a 39% lunch in the stock this year. -- plunge in the stock this year. >> they have to do this or everyone would fail on the stock. >> basin we are getting out while we can. -- they say we are getting out while we can. an their stock was at all-time low. everybody got out. here is the problem. number of users. was up. it was year-over-year. >> should you be looking at that? facebook you want to use the monthly after view number. and what are you do not need to. we are all the audience of twitter. we mention it on television. it gets everywhere whether you use it or not. >> you want people using it or otherwise what good is it? >> it is an application service for media. it does not matter how many people use it if they get out there. >> the stock market has told us they are looking at that number. they are punishing the stock. >> erica is very confident in the story. it could still have

priced its ipo at $26 a share and we asked dick costolo about that indicating he and co-founders jack dorseynd evan williams had to plans to sell their shares and who else might be on board? >> benchmark one of our early investors announced they have no plans to sell and frankly, after speaking with most of our major investors that were with the company since prior to the ipo, many of those investors have declared that they have no intention to sell. we feel great about that. it's frankly one of the reasons, probably the primary reason well, have decided and announced we wouldn't -- we have no current plans to have a secondary offering. >> i think back to zuckerberg who actually gave a time period. he said i won't sell until september. i forget of which year. we tried to get costolo to bite on that. all he would say is no current plans. >> look, let's cut to the chase here. there's so many individuals who have low basis and it's not a question of wanting to sell. it's a question of some executives saying look, our stock is undervalued at a certain price and if it gets to "x" you know what, i

co-founder jack dorsey reed hastings and drew houseton are among the co-signers of an open letter.nwide campaign to broaden access to computer training. good morning. >> good morning. these days've finance you're not in a highly technical field, it's likely that your work will involve some interaction with computers. that's why one former microsoft developer is leading the charge to expand computer science education to every school. >> we are going to continue to write algorithms like we did yesterday to create monsters. >> you don't often hear sentences like that in a fifth grade science class but today's lesson isn't taught in most classrooms. alana aaron is teaching her students how to write computer programs. in other words, how to write code. code is the language you type into a computer to tell it what to do. it's like a recipe or adriving directions. the concepts can be taught offline. >> this is the code to give a computer to recreate that computer. and then applied online. >> here students drag and drop the commands necessary to lead the angry bird. >> grab it. and over he