>> as jack's name grew, the chinese media began to regard alibaba as a success story, and jack was invitedth local business people. >> [speaking chinese dialect] >> as i listened to his speeches, i began to get concerned. jack was being hailed as some sort of a management guru, but alibaba had not even brought in $1.00 of revenue. we were high on a pedestal with no foundation. inside the company, there was increasing chaos. the organization had expanded too quickly, and there was a growing division between the chinese and international management teams. we were losing our way. before long, jack was forced to call a meeting to address the growing turmoil. >> [speaking chinese dialect] >> jack's announcement that we would move our english website operations to silicon valley was meant to catapult alibaba into becoming a truly global website, but the move only worsened the organizational chaos. teams in the u.s. and china fought for territory, and we became a two headed monster. in a matter of months, jack reversed the decision and i was asked to travel to the u.s. office to help announce a s

ralph reid jack abramoff myself and some guy that jack hired. c-span: you suggested that ralph rood was on the airplane with you and i was in a passenger jet. who flew you to scotland? >> guest: jack abramoff. c-span: what year was this? >> guest: 2002. c-span: with a picture of a whole group if you standing in front of the plane. has this been cleaned up in this town? and a member, remember this picture? i think it's jack abramoff son. >> guest: this part of it may have been cleaned up most likely. c-span: how available warplanes to you when you were chairman of the administration? >> guest: one pointed want to make about the trip. the trip was underreported. the trip did not turn out as we had listed it and didn't meet with people we were supposed to that should've written a check for the trip. tom heaney from florida got in trouble and didn't go to prison. i can't compare myself to other members and why did the government, why couldn't i write a check? as far as this trip we didn't know particularly it was still fuzzy who paid for it. a point

so who exactly is jack ma?en. >> singing on a stage before thousands of employees, jack ma is not your average corporate chairman. he flunked his college entrance exam twice. he learned english, became an english teacher, and then left the classroom to ride the internet wave as china's economy opened in the 1990's. first starting china yellow pages, ma persuaded 80 people to give him $60,000. he then recruited 17 partners and alibaba group was born. his larger-than-life personality has helped alibaba turn into the commerce giant it is today. he sings and performs mass weddings for employees during corporate events. he is a huge fan of kung fu and started a tai chi school with actor jet li. he quotes chinese philosophers at meetings, and his own wisdom has helped grow his personal fortune to $22 billion. he is now china's richest man. but for ma, it is not just about the money. he told charlie rose that, if alibaba cannot surpass microsoft or walmart, he would regret it for the rest of his life. for more, i sat

jack will have to see how plays his cards. two areas they would be interested in getting some help -- one is mobile. even in the chinese market they are behind $.10 -- tencent. they have a play with weibo, but they want to strengthen that. the other thing is global, you cannot walk into established markets and say that we are going to own the market. that is why they will be looking carefully, probably not organic. probably will want to find a partnership. paul, you talk about technology and the lack of competition. the company spent about 10% of sales, a little bit less, on what they call product element. they be we think of that as r&d. is that the kind of thing that they will spend more on, to have a better ease-of-use, or is that something that they will get used to not spending a lot of money on and stay where they are? willt only do i think they not spend more money, i think if they did, it would be a huge warning sign. that is not the way they grew the business, not where the competency of the company positing executive

jack ma loves the spotlight. he handles it brilliantly. >> how does that make him a different executive than a mark zuckerberg? >> there is a similarity and that they are incredibly inspirational to their employees and to their customers. they are different. zuckerberg is never going to wear a mohawk costume. has donehat jack ma that among other things that he does. jack ma is more intelligently image-conscious than zuckerberg. that is important for a company that has so much intersection with government. -- engageg does not openly enough with the regulatory policy. jack ma is a super public eye. >> let's talk about why everyone is buying this deal today. if you ask a large amount of investment people out there, it seems that alibaba is the newest drug and they are feeding it. >> you have hypergrowth. people will always by hypergrowth. the numbers are staggering. >> we can pull them up. -- they putbase amazon to shame. 43% margins. profit lastn net quarter alone. they do 80% of all e-commerce in china. these numb

so obviously there is a rush of people running up to jack and here is what happened when i ran to jackave a look. >> reporter: just the normal iphone? >> the normal iphone 6. >> we are doing the reveal. >> all good. >> well, it was okay. the two big tech stories of the day alibaba and apple. we want to hear from you. would you rather own shares of alibaba or the iphone 6? join the conversation, cnbc.com/vote. and now to the mood of new iphone 6 owners. josh is in palo alto, california. >> reporter: here in palo alto where hundreds of apple fans lined up to buy their new iphones and were treated to a special guest this morning. apple ceo tim cook making a special appearance. he was here really walking the line, shook hands taking selfies. it was a big day for tim cook since becoming apple's ceo in august 2011 putting his print on this company with new devices and new services cook telling cnbc he loved the reaction he was seeing around the world today and by the way which of the new iphones is he carrying around? here is what cook had to tell us. >> 6 or 6 plus? >> both. i'm lucky. >> r

this is heady. >> jack ma, thank you. we will be following the opening of alibaba. >> what's in the box? >> oh, yeah. okay. this is our t-shirt. the souvenir for alibaba listing. we say everybody should have a dream. the bag is what if it's realized? people don't believe in dreams any more. a lot of young people. we want to tell them, it's the dreams you have to keep. we want everybody to have this dream. i want to give this as a gift to you. >> thank you so much. >> thank you. >> people are making jokes on twitter about forrest gump. they say lieutenant dan on line one. >> thank you. >> jack ma, chairman of the alibaba group. we look forward to seeing you again. >> thank you very much. >> have a great day. >> thank you. >> jack ma, executive chairman of alibaba. ticker baba, going public here at the new york stock exchange. i don't think we ever had an interview on the set quite like that one. >> no. you are always supposed to be so critical. you asked great questions about alipay and the structure. there are times in yo

is jack is creating commerce. if he's creating jobs, if he's creating new industries and a support system around him that puts more and more people to work that generates more income for chinese people i think he is going to be on the right side of the chinese government as long as he does that. he never really been interested in the media or the gaming spaces. and i think if he stays with what he's been great ate they are going to continue to support him because it is only in their best interest to do so. >> your history goes back a ways and incredible to have you with us on this day. thanks so much. >> thank you. >> dan rosen,sweig formerly of yahoo and a well known collaborator with jack ma. >> i think it will be interesting to see it takes people longer to warm up to this name over the medium term. >> i think that's somewhat natural because when they have traded by do or ten cent or any of the others there's always been that suspicion of transparence we talk about. do you really know how how much commerce is b

[laughter] and find a wonderful photo of jack devine, a much younger, slimmer, longer-haired jack devine undercover in santiago, chile. not for the in-house audience, but for the at-home audience, i am going to read just a little from the the happenedbill so -- handbill so those at home can follow along with us. many consider jack devine to be one of the legendary spymasters of our time. he was in chile, he ran charlie wilson's war in afghanistan, he had far much to do with iran contra for his own taste, and he actually tried to stop it at one point. he caught pablo escobar in colombia. he tried to warn george tenet that there was a bullet coming back at him for iraq. in 1986 he walked into our director, bill casey, and said we had a tremendous breakthrough yesterday, we deployed the stinger missile and shot down three helicopters. mr. devine is a 32-year career officer with the cia. he began in the 1960s. he has a brand new book out called "good hunting" which is on sale today, and he'll be glad to sign copies after today's session. he'll also take q&a. jack devine was already an establ

jack ma. where does he go if you have not been able to catch the roadshow? >> sources are telling me he may not attend all of the big group lunches. that is something he wasn't even sure he was going to attend today and decided to make an appearance and show his face to new york. it is unclear right now where he will be if you will be in boston. it is still kind of up in the air. >> would you buy shares in this initial public offering if you could? >> i would do so with real caution. i think the bigger part is the u.s. has an increasingly poor relationship with the chinese government. look at apple, look at google. the issue here is for today alibaba is a one country play. huge potential, does things elsewhere. all those numbers are china numbers. if there are problems in those relationships then you may be on the wrong side of that structure. >> thank you very much. coming up bloomberg will have extensive come fridge of alibaba. it is a documentary that aired tonight with never before seen fo

i can't quite see jack ma.ut joe has just moved right to the front there and standing right by the designated market maker. jo sai of course the executive chairman of the company. so we are right there and it's interesting. a lot of indication scott when i kept bugging you how long will this take? you just kept saying leave me alone. but i wouldn't be surprised of two hours. and it is exactly two hours and we are probably less than 5 minutes away. >> this is the time range we actually expected. so i think we're good. >> carl, i think we are 3, 4 minutes away. come back us to as soon as we get close i'll give a shoutout to you. >> never let it be said bob you don't know how to build the drama. >> 2 hours, 1 minute and a few seconds as we await the opening trade. kayla, are this is a big event and obviously people are treating it as such but i wonder how much of this is going exactly as it is supposed to. the way this machine was supposed to work. >> i think the machine was built weeks ago. this is how the proces

jerry sees the value in what jack is doing.nager knows that, for a market like china, you need to have a local star managing in coming up with services tailored to the local. i do not think jerry gets enough credit for making that deal. yahoo! has been successful. >> when you look at the way the business works, do you see the alibaba guys doing things differently than yahoo!? >> i think that yahoo! and google and other companies in the u.s. are quite focused in the areas that they are in, but in china, there is such a big a land grab every company is in everything. for jackie will not be enough for e-commerce. also financial services and search. the ambition of the chinese internet giant has been more. their ambitions will not be limited only to china. i think over the next 10 years globalization will be a huge thing. >> what you expect jack to do and alibaba to do with the money that they make on the ipo? it has been suggested that they could buy yahoo! >> on the balance sheet, they have a plethora of choices. what they have d

moss --exactly is jack jack ma? take a listen.ng on a stage before thousands of employees, jack mott is not your average corporate chairman -- jack mott is not your average corporate chairman. -- he left the classroom to ride the internet wave as china's economy opened up in the 90's. first he started china's yellow pages. he persuaded 80 peoples to give him $60,000. he then recruited 17 partners and alibaba group was born. him even though he is over five his larger-than-life personality has helped alibaba grow into the e-commerce giant it is today. and performs at mass weddings for employees during corporate events. he is a huge fan of kung fu and even started a tai chi school with actor jet li. he quotes chinese philosophers at the meetings. his own wisdom has helped him grow his personal fortune to $22 billion. a is now china's richest man. it is not just about the money. he told charlie rose it ali baba ornot surpass microsoft walmart he will regret it for the rest of his life. isfor more on ali baba colorful found -- on aliba

jack said i can't recall. at that point in time i played cards with breznahan and paid breznahan money in the last year that i was in trouble and i knew they had card games. i felt that was important to reveal in the process. i didn't think that it should occur and i felt reznor hand the way he would carry out stories on people yet he himself is a reporter was making terrible violations of the rules and the ethics and the smell of the ethics involved with staffers and lobbyists in this card games. the other thing is there was an arrangement of jack abramoff and i said to buy the hell magazine and breznahan become the editor and jack had this plan when he could control the media and stories written against other lobbyists that he was dealing with. >> what kind of worry did you have? you accused john breznahan of taking money. you say in the book that you let them win a card games. >> guest: i don't say the breznahan knew that. i'm sitting there, i'm in trouble. i'm sitting there whether right or wrong in a card

through them, 12-year-old jack got his first glimpse of a world beyond china. >> ma: the name "jack"by an american tourist. >> logan: he told us how he taught himself english, walking up to foreigners and offering free tours in exchange for free lessons. unlike many successful chinese entrepreneurs, jack ma never studied in the u.s. he also had no status, money or connections. the only other way to get ahead in china was education, and he failed the college entrance exam, twice. >> ma: my parents do not want me to take examinations again. >> logan: because they didn't want you to fail again. >> ma: they... they believe i would fail again. >> logan: how did that affect you? >> ma: that's a good question. nobody ever asked me that before. that really affect me a lot. i failed for the first time, and then i ask for looking for jobs. i went to interview jobs for about ten or 15 times, and all reject by people. >> logan: why did everyone reject you? >> ma: i was not that... the standard that normal people like. >> logan: because you were small? >> ma: normal, i was small... >> logan: and

jack white in the house!" >> steve: delightful, man. >> jimmy: "lazaretto." >> steve: wow. >> jimmy: well, hey guys as i said earlier it's monday, that means that it's time to count down the hottest songs at the top of the charts right now. >> steve: oh, great. all right, i love it. >> jimmy: here we go, at number three we've got "all of me" by john legend. that's a big song. >> steve: fantastic. >> jimmy: number two is "problem," ariana grande featuring iggy azalea. >> steve: oh. >> jimmy: and number one speaking of which is iggy azalea with her song, "fancy." >> steve: wow. >> jimmy: that's it. those are the top 3 songs. and now let's look at the songs at the bottom of the charts. >> steve: wow. [ laughter ] >> jimmy: number 97 it's, "talk dirty to me" by tom brokaw. >> steve: i didn't know he did music. >> jimmy: i did not know that he did it. do we have a clip? can we listen to that? ♪ been around the world don't speak the language but your booty don't need explaining ♪ ♪ for "nbc nightly news" talk dirty

who exactly is jack ma? take a listen.n a stage, he is not your average corporate chairman. he flunked his college exit exams and he learned english and became an english teacher and left the classroom to ride the internet wave as china's economy opened up in the 1990's. he recruited 17 partners and the group was born. even though he is over five feet tall his larger-than-life personality has helped grow into the e-commerce giant it is today. he sings and performs mass weddings and is a huge fan of kung fu and started a tie chi school. his own wisdom has helped grow his personal fortune for $22 billion. it is trying his richest man i had been other tech titans but for ma it is not about the money. if he cannot surpass walmart he will regret it, he told charlie rose. porter joined alibaba in 2000 as they were moving out of jack ma's apartment. he worked as the head of communications for eight years. what were the founders like in those early days? >> they were as ambitious and as big a dreamer as a silicon valley startup .

the founder, jack ma, says he wants to be bigger than wal-mart. well, alibaba was priced at $68 a share but it opened today at $92 and closed just under 94. there was a surprise in the scottish independence vote. what did the cabbies know that the pollsters didn't? that's next. i have a cold. i took nyquil but i'm still stuffed up. nyquil cold and flu liquid gels don't unstuff your nose. really? alka-seltzer plus night rushes relief to eight symptoms of a full blown cold including your stuffy nose. (breath of relief) oh, what a relief it is. thanks. anytime. worse and worse.rthritis, i had intense joint pain that got then my rheumatologist prescribed enbrel. i'm phil mickelson, pro golfer. enbrel helps relieve pain and stop joint damage. i've been on the course and on the road. enbrel may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, nervous system and blood disorders, and allergic reactions have occurred. before starting enbrel, your doctor should test you for

but jack ma owns some of the operating properties. that has worked thus far for a lot of chinese companies. it has not been a problem for the most part, however, beijing has never regulated and said how it should work. there is certainly a risk that at some point they could change the rules the way these things work and what you moan might change slightly. and it's not even necessarily that's a very likely thing to happen but that's a risk that people are comfortable with risk. maybe the chinese economy will go up and down in an unexpected way. they're less comfortable with uncertainty. most people don't know much about the way beijing is thinking about these issues. >> once you know the information you can make an informed guess. lots to study. we'll look forward to coming back again. >>> all right, china has sent a strong message to corporations that it's cracking down on corruption. a chinese court has fined british drug maker glaxosmithkline for allegedly bribing doctors and hospitals to use its products. the fine is the largest p

i think jack morris the kind of isortunist --i think jack ma the kind of opportunist who would considerbezos immediate international expansion, right? >> bezos is not -- i would be more surprised if bezos did it then if jack ma did it. bezos is not the kind of guy to share the spotlight or let somebody else make decisions. jack ma has always wanted to do everything himself. >> your office depot, that you ran from 2006 --what does alibaba mean for brick-and-mortar companies? >> but people don't realize is that the office products stores, office depot and staples, are some of the largest internet retailers in the world. so, bricks and mortars has increased to their business. alibaba is an access point for bricks and mortar retail into china, like amazon have become an access point with their stores. could be a big growth vehicle for american companies. trends inthe bigger chinese internet is that alibaba and others are making investment in brick-and-mortar. they're starting to build infrastructure that includes off-line delivery --both alibaba and 10% have been doing that. they build part

th--who is jack the ripper? countless attempts have been made to identify suspects thought to be behind the notorious killings, but up until now the case has remained unsolved. so who was he? and how do we know? we speak with the author os of the book and the scientist who made the dna break through. russell edwards, talk us through. you're a big--i don't want to say fan of jack the ripper, but you're certainly interested in him. how did this come about? >> i have a passion for the area of east end, and i really wanted to--like most people that just look at the case, trying to find out the mystery behind jack the ripper and who this man really was. that's where it started. again, in 200 2007 i bought a shawl that was reported to be taken from the fourth murder victim at the time. again, we used science and we managed to definitively prove the identity of jack the ripper. >> when you bought the shawl are you sure it was from one of the victims. it had not been washed in all those year, which is key. do you know a

we'll be back on >> summer: jack! >> jack: hey! >> summer: hi! >> jack: oh, what a nice surprise! you're here to see me? >> summer: yeah. uh, do you have a minute? >> jack: always. always. what's up? >> summer: um, i just wanted to talk to you about something. it's kind of personal. >> jack: let's go in my office. >> summer: okay. >> jack: ash! >> ashley: don't look so surprised, jack. i told you i'd be back. >> abby: the goal of lamaze is to increase a mother's confidence in her ability to give birth. hmm. confidence, huh? well, that kid is coming out, no matter how you feel about it. vicki? >> victoria: [ sighs ] yeah? what?

there is no question that jack ma is a man of big ambitions and the company he's built -- jack is a man with big ambitions but i would not count him out when it comes to targeting the biggest ipo in history. >> he's telling investors he's not going to try to hard for a superhigh valuation. what do you think of that? >> if the shares to increase the first day, i know everyone is working hard to ensure that is the case, the underwriters have the option to issue 15% more shares which would put them at the record-breaking level, so that is the way they can do that and those are the numbers that count in history books. that is probably the way they could achieve it. >> compared to ali baba's chinese competitors, isn't he going for a lower price to earnings ratio esther mark why not push it higher? is he scared? >> i don't think he's afraid of anything. certainly he learns from mistakes but if you go back and look at the alibaba.com ipo, there was an issue where it ended up trading down from where it was introduced. i think he wants to leave some money on the table but if you look at the curr

i have an interview with jack ma.uge lines around the world awaited the arrival of the apple iphone 6 and 6 plus. in many locations, the 6 plus completely sold out. we will look at supply concerns and whether the large iphones could cannibalize the ipad. oracle has been billions on acquisitions and has seen modest gains in revenue. now that larry ellison has stepped down we look into the challenges the co-ceo's will face as they try to adapt into the cloud age. first, to the lead. a historic day on the new york stock exchange as alibaba group started trading in the largest initial public offering in u.s. history. trading began two hours and 23 minutes after the stock exchange opened and when it did shares were a hot item. over 100 million trades were reported in the first 10 minutes alone. shares nearly hit $100 before closing at $93.89. it is sitting on a market cap greater than $231 billion larger than amazon and ebay combined. also bigger than facebook already. what do you make of the giganticness of that market ca

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so who exactly is jack ma? >> singing on a stage before thousands of employees, jack ma is not your average corporate chairman. he flunked his college entrance exam twice. he learned english, became an english teacher, and then left the classroom to ride the internet wave as china's economy opened in the 1990's. persuaded 80 people to give him $60,000. he then recruited 17 partners and ali baba was born. his larger-than-life personality has helped ali baba turn into the commerce giant it is today. he sings and performs mass weddings for employees during our party events. he is a huge fan of kung fu and started a tai chi school with actor jet li. chinese philosophers at meetings and his own has helped build his personal fortune. man. now china'sali riches but for ma, it is not just about the money. he told charlie rose that, if microsoft orrpass walmart, he would regret it for the rest of his life. porter joined alibaba in 2000 as the company was moving out of jack ma's small apartment. he worked with him as hea

there is a rush of people running up to jack and here is what happened when i ran to jack.a look. >> reporter: this is the normal iphone isn't it? >> normal iphone 6. >> all right. >> reporter: we are doing the reveal. >> all good. >> this amazing piece of video coming to us from my native australia, the first place in the world, one of the first people to get their hands on the new iphone there was jack and he dropped it on concrete. he did it on leave tv. the phone appears to survive the fall. a lot of those people estimates say half of the people to get hands on the iphone 6 are going to be selling them on chinese online shopping sites for nearly triple the price. >> i got my iphone 6 case yesterday. the phone arrives in a week. i tweeted a picture of my current iphone 5 in the iphone 6. you understand why i bought the case first. my phone is bent, cracked, the camera doesn't work and the microphone is broken. >> you need a new phone. >> i got iphone 6. i will let you know when i get it. >>> apple ceo tim cook may care. he is opening the doors to the apple store in palo

jack ma on the floor and the pressure was on. it went off without a hitch within the time frame that they predicted and in the price range of -- well, not exactly what a lot of people would expect. higher than that. and it closes above where it opened which is always nice. >> and now the questions, mike santoli turns to, any ipo like this, a high premium if you want to put it that way, there's a danger that they float back down towards earth. >> i totally agree, excusewise, they did find the right clearing price and they didn't stray much from that. on twitter, the new york stock exchange listing, it went up to 70 from 44, went down below that to 30 and obviously it doesn't tell you where it's going to go from here. obviously it's within the range of what a lot of people are projecting on a fundamental basis and makes sense. i think the biggest risk is that it was going to become way too popular and get to a selling price quickly. >> nick, do you think -- is this a silly price? >> a totally reasonable price and people are investi

. >> if every halloween you carve the same, old face on your jack-o'-lantern, listen up. carly's about to shed some light on a whole new world of creative carving options for when october rolls around. >> welcome to the "great jack-o'-lantern blaze." it's held every fall at van cortlandt manor. this historic location is not far from where washington irving's legendary headless horseman chased ichabod crane. [ horse neighing ] [ man yells ] >> we are in the midst of "sleepy hollow" country. this is the home of the american heritage of halloween, and we've always had fantastic halloween events in this area, and this is probably one of the best. >> more than 4,000 pumpkins are used to create all sorts of clever and spooky scenes. for some displays, artificial pumpkins are needed, but most are real. >> we are in front of our jurassic park installation, where we have giant, life-sized dinosaurs that are constructed of, in some cases, more than a hundred pumpkins. we sketch them from anatomy books and create them so that they're accurate. each pumpkin represents a specific bone

. >> jack and d.b.? >> correct. were set up to protect the annex, the cia -- >> the personnel at the annex, yes. >> this gives us a per spect i have of the other facility there, which was what you guys call the consulate. where are here? >> here os the cans lat, and here's our compound. >> so pretty close. >> three quarter of a mile as the crow flies, i would say about a mile drive, maybe a mile -- if you did the whole thing. >> so this site, was it well protected? >> who wants to take that one? >> it looked like. it was a beautiful compound. it would orchards, had a really nice house, a swimming pool. >> they had their own security? >> they were their own security. the diplomatic security. >> they didn't have like an american force, like a marine detachment. they did it themselves. >> what did you tell them? >> in in my bluntness, i said if you get attacked. i said if you ever need us, call us, we'll come get you. >> what is your reaction when you hear the ambassador is coming on september 10th, september 11th. >>

we will be talking with jack ma in a few moments. top story of the morning, alibaba begins trading today after the e-commerce a record $28.1 billion. they will be ringing the bell in just a half an hour. all the rescue joining me from standard -- all could roski joining me from san diego. of the key things that we could see is a loud supply coming out of this company event is being sold into this market space. 28.1 billion the dollars in the ipo, but a unique thing is that they are allowing a certain group of employees and insiders as well. there is no lock agreement on shares. theooks like allocation went to 25 different firms of 60% of the deal. that is a very concentrated deal. some people could buy today who did not get allocation. aul, noise have the most unusual take on the companies. rpriced andnde corgi, a weird mix of ge engine partly, not really a tech company." what do you mean? >> it is like code. [laughter] on the price, they could have priced considerably higher. they are supply and demand as much as they are e-commerce

jack ma is standing there.await the first day of trading for the ipo of alibaba shares. again, he'll be joining us on "squawk on the street" this morning. >>> apple folks will get their hands on the new iphone 6 this morning. josh lipton is in palo al toe where the die hard fans are waiting in line. has anyone had a glimpse of the iphone 6 yet, josh? >> well, i'll tell you, it is 4:00 a.m. local here. still very dark out, but the apple fans, they are already on line. about 200 people on line here in tents, in sleeping bags. they're here with their dogs. the first person was actually here on tuesday and they are waiting to see these. the iphone 6 and the iphone 6 plus. what tim cook is calling here the biggest advancement in the history of iphone. actually got a chance to take these iphones out for a test drive last night. they are bigger. they're faster, better camera, and improved battery life. and fans here in palo alto can't wait to get their hands on them. >> i've actually been driving here every night like

i think maybe jack used the wrong example. probably alibaba will more thanes just microsoft and a walmart, but as probably what they did in the history, reshaping the world, i agree with that, but i think today, the model case for alibaba is no longer microsoft anymore. >> there have been questions, david, about jack ma's business strategy and about potential transparency, his decision with ali pay. you used to run a division of alibaba that the company pursued a buyout of about two years ago. it eventually ended up happening. at any point in that structure of that deal, did you feel like he wasn't being exactly transparent with you? >> well, i think most people concerned about ali pay issue is the corporate governance of alibaba group. however, personally i think in my opinion, it should be considered as the regulatory risk for investing alibaba. because at that time, what jack was facing is whether he risk the licensing for ali pay or he sticks to the corporate governance. at had that time there's no direct answer. a lot of

it's all right. >> can we be quiet, jack?oh, yeah. >> shh. >> [chuckling] >> [indistinct] can you smell that? >> golly day, it smells like a-- let me smell that. powerful. what is it? >> it's fragrant. >> yeah, but it's powerful. >> a hundred years ago, they exported this to europe. it's pepper. >> pepper. i was just gonna say that. i really was. i swear. >> it's lovely. >> pepper. so once we made it through the 50 yards of sawgrass and other vines all over the place, all of a sudden you get this edge, and i look down in there, there's a ravine, and it's bottomless. >> watch your step there. we don't want you to fall on your backside on camera. >> but it was--it just didn't stop. it took us--as a matter of fact, it took us at least a half hour, 45 minutes just to get down this thing. oh, crap. >> what's wrong? >> got my hand in mandrill crap. >> [laughing] >> it's not funny, kathaleen. is this like a big hole? >> we're going down a valley, so there's a little stream on the bottom there. we go down and up the other side. >> oh

jack, what do you think about this one?f problems they're trying to say apple isn't cool and it is. hard to win that argument. feels like samsung is apple's new ad agency. they spend all their time -- melissa: talking about them, that's true. >> during the early part of this year, apple had really not that much of a bilge deal out in terms phones and samsung barely kept up with apple with its latest, greatest model. now we're going into what could be a record upgrade cycle for apple. i think samsung is feeling a lot of pressure right now. melissa: this is for two apologists, jack how much. responding to the backlash of apple's forced album release. saying quote if someone doesn't like the gift they should delete it. people will be thrilled to get a gift. bruce terkel, what do you think about this one? people will be thrilled to get a gift. no one on my show staff because they keep cropping up in the shuffle when they're working out and ready to smash the precious iphones they're so sad about it. >> couple problems. telemark