>> john chen? john chen is a star. he is exceptionally good at what he does.he one thing he is doing that i really love is he is bear hugging his enterprise group. for me, if you go back to what i talked about early come in a turnaround you have got to tighten your focus to your core -- >> what you are good at. >> what you are really good at. blackberry should've done that 3 years ago. they didn't. >> they tried to go towards consumers -- toif you take it 2 years deliver a product that is going to be forth to samsung and apple and everybody else, you are wasting your time. the enterprise side of this business is very strong. that all makes sense to me. i'm not so sure on the device side and i'm really not sure what value they can get out of you can'ting, because except lick from whatsapp and facebook > -- you really can't. >> why? >> facebook's acquisition of whatsapp was purely defensive and it could be dilutive to their talk at what they are buying is rapid growth. to their stock. but they are buying is rapid growth. it was purely defensive from their own of

john chen in barcelona with caroline hyde. coming up we will talk about facebook buying whatsapp and what it means for the carriers. intbank wants a stake their competitor. we will talk about that next. ♪ welcome back to "bloomberg west." i am emily chang. t-mobile has reported a loss because subscriber gains resulted in higher cost. rier added 850,000 customers but the discount it is using is costing the company. revenue rose 39% from one year earlier to 6.8 billion dollars. t-mobile, suitors for john leger may or not be talking about such a deal. cory, you know, also talking about getting a stake in line, a competitor to whatsapp. why would a carrier wants that? lunch of the traditional carriers, to see what the businesses. they are recognizing there is a threat. >> the messaging services have taken a chunk out of the revenue for the carriers. we will talk about that with the boxer ceo. also employee number seven at google. so first of all, why would softbank want this? messaging services are taking over the world. they are

stock has been on an upswing surrounding speculation that the bbm service could attract buyers ceo john chen confirmed this week he would "definitely sell" bbm if he was offerred a deal. just last week facebook shelled out 19 billion dollars for messaging tool "whatsapp". j-crew could be getting ready to go public. bloomberg news reports the retailer is working with banks for an ipo later this year. the clothing retailer is known for its famous fans, the first family. j-crew has 451 stores across the nation, and 2.4 billion dollars in annual sales. fallen celebrity chef paula deen is cooking up a comeback plan. the former food network star-- is opening a new restaurant in pigeon forge, tennessee. near the "dollywood" them park. a private investment firm is backing deen to get her career back on track after she acknowleged previous use of racial slurs. a $20 million dollar investment is going into her new restaurant which will be called "paula deen's kitchen". coca cola has discovered how to make a "diet" slurpee. diet coke has been on the market for more than 3 decades, but until now, there

she's been talking exclusively to the blackberry ceo john chen.about the potential value of bbm messenger system. >> well, we all want to know what his thoughts are surrounding the deal given that blackberry has their own messaging system and there's been speculation in the past about whether or not blackberry will be broken off into different units, whether that's a way of extracting value from a company that's going through quite a tough time as of late. they've lost ground to samsung, apple, as well. he was brought on board just in this last year as an interim ceo. he saw something like 40 ers of the workforce having to be cut from the group. what is the value of these instant messaging systems, especially given the huge discrepancy in price when you look at something like what was paid by facebook for whatsapp. so i spoke to john chen and asked him what his thoughts were in on this price. >> we have a little bit over 58 million today. they're a very high level of engagement, which gives us more enterprise than professional users to take a long

no immediate plan for john chen. he says, look, i am having to assess this. it could be beneficial to my shareholders. is a big issue for these tech companies. blackberry, given its own sort of credibility and the security blea, are they going to be a to cash in on this? >> it is is wind in their sails. he says it is like living in san francisco, nobody is prepared for an earthquake. nobody is prepared for the expense of the nsa looking at our data. everyone is getting interested in protecting their own data and privacy. he says, yeah, they are looking front and center at security. messaging -- a secure messaging infrastructure. we are the only one who has it. it is important that we showcase and use that as a differentiator into the thousands of enterprise customers. up the again, bringing messaging capability. we have the most secure messaging capabilities. notays, look, as our time yet to spend $19 million. letpriority is to shareholders judge. they are unleashing new products come april. all focus on emerging markets. on the ground in barcelona at the mob

john chen didn't like it. >> i normally don't use some of these words that i used in a blog but we are truly disappointed. let me put it this way. i'm glad that everybody responded. our loyalists responded. t-mobile responded. they gave a pretty good offer, in my mind. but, you know, maybe other people want to give a better offer. you got to stay tuned on that one. i think this thing -- i'm hoping, by the way, as a resell of this incidents, that we could actually start working back together as partnership again. >> so a little bit of an olive branch. he's hope that things get better with t-mobile, they can work together to grow their customer base. but, you know, happy that blackberry responded negatively to the apple offer and want to stick with blackberry. >> looks like chen is trying to take the high road at this point. >>> the blackberry/t-mobile spat just the latest example. max is with that and wrote a story about how talking smack may be good for a company's brand. he's live with new york stock exchange

stock pricesen rise since john chen took over.at they're going to be having two new phones coming thefrom blackberry with deal signed in december, look how quickly we are getting these new phones. interestingly, all about emerging markets for john chen. he is saying, we're are going to oll out in indonesia. restructuring? >> i have my hands full with a number of things to do. i have to get the server business growing again. at figured bbm scaling. is, ithe connected card need to win more designs and put them vertical. they have a bit of wind in their sails at the moment. it just think what that is going to do. you have the messages there. that is showing off some of the processes there. there is a lot to do with privacy at the moment. blackberry has really tended to be the front runner in privacy and security for those that use it. we all have to see the bang for the buck in terms of products. >> thanks so much. at the mobile extravaganza. we will be that all through the day. our theme here on bloomberg surveillance this morning,

. >> john chen in barcelona with our caroline hyde. coming up, facebook buying whatsapp. softbank wants a stake in whatsapp's competitor, lime. ♪ >> welcome back to "bloomberg west." i am emily chang. t-mobile has announced a third loss for a consecutive quarter. that is because subscriber gains resulted in higher costs. it added over 850,000 customers last quarter, but the discounts it is using to get those customers are costing the company big bucks. revenue rose 39% from a year earlier to $6.8 billion. we have been discussing one of the possible suitors for t-mobile and softbank that owns a part of sprint. john leger may not be talking about such a deal. they are talking about potentially getting a stake in line which is a competitor to whatsapp. >> as we have been talking about, they want to see where the business is. they're starting to recognize the great threat there. >> businesses have taken a big chunk out of that revenue for the carriers. we will talk a little bit about that. i know georges harik, employee number seven, right? okay. >> messaging services are bec

>>john chen took over blackberry at the beginning of the year and has been very busy. >> i have my handsl with a number of things to do. we have to get the device don't properly and the service business growing and i've got to get the bbm scaling. on qnx where the connected car is, we need to win more design. >> he is busy. does blackberry have anything else in the pipeline? >> we have three or four different services and capabilities we are working on an over the course of the next 12 months, they will be announced. it will help productivity and collaboration and we are very excited about that. i think the potential which is tied to our enterprise focus will be huge. until we get to the point where we can showcase that potential, it's too early to think about getting $19 billion. >> that's the $19 billion facebook purchase of whatsapp. >> running a public company, anything to help our shareholders, i need to take a serious look at. today, i think we need to build a power base and build up the engagement model. >> secretary chuck hagel is trying to sell the department's new budget propos

that is after chief executive john chen told louisburg he may consider selling off the messaging unit at hyde broke the the mobile world congress. she is back in london with us now. she has had no sleep whatsoever. there is now more focused on the value of the messaging service after the whatsapp effectively -- deal. rivals but also blackberry as 85 million people using the bbm, the free messaging service. to whatsapped violation, is worth $6 billion. i asked him if he would consider spending the unit out and he said i have got to. company --a public anything to help art shareholders, i need to take a very serious look at. that is a serious point. i think we need to build up that they send build up the engagement model. the point is, i think the , whichal tie to our best is our enterprise focus, it is going to be huge. until we get to the point where we can showcase that potential, i think it is too early to think about getting our 19 billion. >> that's six times bigger almost. with the growing weight that -- growth rate that blackberry is experienced in, it would take until 2019 to e

and jon fortt will be catching up with john chen in barcelona. exclusive details, coming up next. >>> welcome back, everybody. right now, it's time for the executive edge. for the past three years, goldman sachs has been trying to decide who is bind the twitter account gselevator. now it looks like the identity has been revealed and the kicker is, he never even worked at the firm. it is andrewandrew's story on t cover of the "new york times." i followed this account, too. we've been very interested to try to find out who it was. >> i've been fascinating by it and have been looking into it. i haven't even been looking into it that hard, frankly. about a month ago, somebody mentioned to me they thought they might not who it was. and i found the guy. his name is john lefeve, former citigroup banker, bond trader, worked in new york, london and hong kong. actually had a job offer from goldman sachs back in 2011. or rather 2010. almost went to work there but had a contract dispute about his previous employer. then in 2011, he had seen this thing called

. >>> blackberry ceo john chen is sounding off a t-mobile after the wireless carrier e-mailed customersek pitching them free iphone 5s and calling it a great offer for blackberry customers. in a blog post chen called t-mobile's offer clearly an inappropriate and ill conceived marketing promotion. he also thanked blackberry customers for their loyalty. yes, blackberry is still out there. >> feisty. >> there are a number of investors who are somewhat constructive on it, not that they believe that blackberry as a device has a future but there's a lot of intellectual property at the company and this is a guy who has successful turned around other companies particularly sybase in the past. i'm hearing positive pitches at least of why you might want to own blackberry. >> we get a disclosure that -- >> that's right, loeb is one of the investors there and a few others. you know, when it comes to t-mobile, they're just being so aggressive that i think you have to look at the larger landscape, all right, they're attacking blackberry, but this is all part of bringing prices down and really we have

joie chen standing by to tell us what's coming up on "america tonight." >> good evening john. love is in the air, even at sochi where the winter olympians have been warming up to tinder the, the one at the moment. that's why we're on the dating circuit on the worldwide web. unlock the secrets. take notice of some of the red flags. then we'll turn to a real life pro, a man who puts a price on finding love. he claims he knows when chemistry can fool the heart. >> the chemistry sweeps the bad stuff under the rug. and online dating is not the cause of this. this is people, people inmemorial have acted this way, the romeo and juliet story. >> on "america tonight," we'll see you then john. >> joie chen, thank you joie. >>> bullying in the nfl. an investigation uncovered a surprising story. jessica taff. >> the scandal that involved jonathan martin and richie incognito who both play for the miami dolphins. three starters on the offensive linemen, all instigators in the bullying, we also learned that martin wasn't the only target. another player and assistant trainer were excessively

ceo john chen talked to cnbc about bbm, it's blackberry messaging service and how that presents a bigtunity. cisco marking the biggest bond sale of the year. the book was oversubscribed. some are wondering where they're not using the $47 billion of cash on its books. most of its cash is overseas and they would rather borrow at low rates. and river bed tech. back to you, kelly. >> seema, thank you. despite the recent weak employment report, our next guest cites four key reasons why america is on the brink of an enormous economic growth spurt. which us a joel kurtzman. he's the author of "unleashing the second american century." joel, great to see you. >> great to see you. thank you. >> it's interesting to watch the way that publishing trends change because a couple years ago every book on the newsstand it seemed was about how there was never going to be growth in this country again, the great stagnation, that whole theme. what makes you so confident now that just a couple years into the recovery things have dramatically changed or have you always felt this way? >> well, no, i did not s

moving and shaking this hour in tech am a blackberry ceo john shannon -- chen.bile for encouraging the users of his devices to switch to apple. chen said t-mobile must think the gag is a good idea but they "could not have been more wrong." america's largest jewelry chain signet agreed to by zale, putting it under the same umbrella as kay and jerod. ultimately reaching more than 3000 locations in the united states. cristina alesci has more. you can go into a mall before bumping into one of these jewelry stores. now they are all going to be under the same parent. bigger,t is the healthier company. it never really got battered in the same way zales did because of the recession. zales was really on life support for a long time coming up in -- out of recession and needed emergency rescue financing. around 1600es stores and it will be combined with the signet's 1900 stores. a behemoth. what it will do is probably get some flexibility with their vendors. where they get the raw material for their product. it could actually make the margins better for the combined compan

. >>> another big story john chen spoke to cnbc earlier this morning from the mobile world conferencebarcelona. he spoke to bbm's 85 million users versus that recently acquired messaging service whatsapp 450 mill plus. take a listen. >> i work with a shareholder, you know, standard answer, you know. >> very good. >> if someone comes to me for $19 billion, i would recommend to the board to take it, but it all depends on what it is. >> got to love that. >> they're in talks. let's take it the next stage, they're in talks! >> it's good to know the guy is breathing air, $19 billion sold to you. >> when i heard from dan conan and honeywell, listen, if google will buy nest for billion, you can have the whole thing for honeywell. you got to be careful. they still have people who love it and i think this is a correct issue. daniel loeb why is in the stock? >> you, listen, there's this undercurrent of bullishness if you will in this stock. you can see it is up. people like chen. they look at the sybase turn around and believe in the intellectual property but there is especially among the hedge

joey chen is standing by. >> good evening, john.onight on our program, we will take a look at the worst drought in decades in california. and it has potential to impact all of us. we will meet the hardest hit, cattle ranchers many p the pride of feed and hay has gone way un, there as not even enough water for the cows. ner being no, sirred to sell off their herds. and nearly all the cows are headed out of state. they might be going to south dakota, they are going to feed lots and the weather is going to be different, so they are going awfully young, but nobody has a choice. we have to get rid of them, we can't afford to keep them. >> get a report from correspondent on the drought emergency, and how we may all feel it and where coming up at the top of the hour on america tonight. >> all right, thank you very much. researchers in california say they made a break through in an effort to come one a new source of energy. and if they can capitalize on it, it will mean an endless supply of energy with no waste. rob reynolds explained. >> s

chen, al jazeera. >> the drought forced john garamendi to sale a third of his cattle. i asked him what could be done to save the agricultural industry withere and why he is getting rid of his lifestock? >> there is no grass. the cost to feed is so high it doesn't keep the herds. >> will have a long term effect. it will take us a while to rebuild the firm to what is an appropriate number for the amount of land we have and for the normal grazing conditions. not unknown. this happens all the around the world. i was recently with some ethiopians. we don't have a famine but we have a bad drought in california. it will affect everything that goes on in the state. >>> how much longer does this drought continue before you will have to sell off more of your catt cattle? >> we are planning already. question going through our herd looking at those animals we would want to sell. you sell your older animals first, try to keep your young ones as lodge as possible. i don't think we are ever going to be in a position to have to sell the entire herd. we may reduce it all the way to 50%

chen tomorrow. >>> welcome to al jazerra, i am john seeing en thought never new york.e are tonight's top stories possibly a major change for u.s. troops in afghanistan. president obama ordering the pentagon to start planning for the full withdrawal. it's the latest u.s. response to afghan president hamid karzai's reviews follow sign a security agreement with the u.s. ukraine's parliament has delayed the formation of a any government until thursday that was supposed to happen today. ukraine is not likely to receive international financial support until there is a new government. meanwhile, the whereabouts of former president victor yanukovych who fled on saturday remain unknown. the u.s. government says it's expelling three venezuelan diplomats a response to venezuela's decision last week to ex-people three u.s. diplomats from caracas, venezuela la press nicholas ma e a said they were plotting against them. the state of colorado is finding out how much tax revenue it earned from marijuana sales, two shops reportedly made more than a million dollars in sales since pot be

john siegenthaler seeing. see you back here. "america tonight with joy joie chen is up next.ou can always get the latest on aljazeera.com. >>> on "america tonight," ice boulders, ice jam. sure, it's winter. cold happens. but this is one for a lot of different record books and worries for what's ahead. >> when the ice comes up, if it comes out of the banks and it pushes up on the banks, anything in its way, it will push it out of the way. >> a new face-off? u cra ukraine. new clashes and questions about neighbor russia's military moves

john siegenthaler seeing. see you back here. "america tonight with joy joie chen is up next. you can always get the latest on aljazeera.com. >>> on "america tonight," ice boulders, ice jam. sure, it's winter. cold happens. but this is one for a lot of different record books and worries for what's ahead. >> when the ice comes up, if it comes out of the banks and it pushes up on the banks, anything in its way, it will push it out of the way. >> a new face-off? u cra ukraine. new clashes and questions about neighbor russia's military mo s moves. a bunch of amateurs. aging america: the village that nodes no bounds. meet two generations of seniors just learning how to get old. >> we simply understand each other. i think all of us are a little afraid of being up and downpand i hate people who take my elbow and try to help me across the street because i have white hair. i want to say, sonny, cut that out. ♪ >>> good evening. thanks for joining us. i am joie chen. this is still weinter but with more artic air blowing south. it is become unbearable. it's creating a new threat. the pro

chen, senior editor, air force magazine. ellen mitchell, associate inside the army. reporter, global security news wire. john newman, deputy director,ionings house armed services committee, and a guest of the speaker. jonathan salant, reporter, bloomberg news, and past national presse club. wife of mckeon, mckeon. jerry with the buffalo news and chairman of the speakers and past president of the national press club. skipping over the speaker for a moment, pat host, reporter, defense daily, and speakers committee member who organized today's events. bob simmons, staff director of the house armed services guest of the speaker. matt leatherrer, publisher of and stripes. westing, united states navy, retired. john don ollie, editor of c.q. roll call executive briefing defense and chair of the national press club, freedom of committee. [applause] congressman buck mckeon, chairman of the house armed guestes committee, is our today to discuss the u.s. effort in afghanistan. gallup poll says that for the first time in the nearly more americans, think the 2001 invasion was a think it was, than think it was the right a

. >>> in washington d.c., joie chen standing by to tell us what's happening on "america tonight" at the top of the hour. >> good evening, john tonight on the program, something that you probably never thought about, though it involves one of our most majestic creatures. the moose, this quite sizeable resident of minnesota's northwoods, is an iconic creature, and it's in trouble. researchers say that the numbers of moose have declined rapidly. they're literally dropping dead. and they don't know why. they have launched an extraordinary effort to track survivors. trying to know what happens happening here. is it predators or a virus? joining in the effort to find out. >> we're talking about half a dozen things that could be contributing to this. but you haven't been able to nail down one certain cause yet? >> no, we're trying, but i think it's going to take some time yet. and our challenge is, do we have enough time before there aren't moose left in minnesota to answer the questions and. >> "america tonight's" adam may from the minnesota northwoods were fool up from the ground on a report of the firing in ukraine. see you toni