john chen. still ahead, want to work at at&t? online education company udacity may be able to help.ll tell you about a new type of degree program next on the best of "bloomberg west." ♪ >> you are watching "bloomberg west" where we focus on business and technology. at&t has teamed up with udacity. the new nanodegree will be offered online. i spoke with the cofounder of udacity. he is also a founder of google x. i asked him to explain what a nanodegree is. >> a nanodegree is a very sure degree. it gives you the skills to find a job. we are excited to work with at&t. they are our initial partner. they're helping us build these degrees. they are also putting in employment. they have the same type of content as a regular degree. they're offering internships for the top 100 people in this program. anybody who wants to do this can apply. you have to be good at math. there is some basic science. you get something in the world. it is more of an engineer. >> sales force and other businesses endorsed this. what other companies could we see partnering with? >> we have a bunch of announcements

i speak with the man leading the company turnaround plan, ceo john chen. ♪ >> welcome back.'m emily chang. twitter is pushing further into television, making a deal to buy a company that is working closely with twitter, snappy tv. it is working to distribute video across a number of platforms and technology already used widely by many twitter advertisers and media partners. the goldman sachs harvard university global education conference is underway. it brings together 600 leaders in education from the public and private sectors. with companies like poor sarah, daphne, and annex already disrupting traditional education models, what will we -- what will be the next big thing in education? i spoke with george from the telecom unit at harvard and asked him about what he is most excited about in education today. >> we are excited to be cohosting this with harvard. we have an extraordinary group of people. it is a unique conference as goldman sachs conferences go, in that it brings together companies, investors, academics, administrators, policymakers, government people. it is a

i sat down with john chen. >> when i was talking about 80-20, i will stay with that.nteresting thing is that everybody wanted to hang onto these numbers. we are getting a refined state. i don't want to say anything is 100% but we are fine. we are a viable company. we have strong balance sheets. we are starting focus on growth. >> what gives you doubts at this point? >> we are all right. the world could change. the market to change. i have been in business long enough to say nothing is 100%. you will jinx yourself. again, i don't able to focus on the 20. i want people to focus on the fact that we are comfortable about the viability of the company going forward. you sell the numbers. we could talk about those. we are in good shape now. >> you are aiming to get to $100 million in revenue. walk us through or that is going to come from. >> i believe that we have a good handle on monetization plans. let's talk about bbm. the most secure messaging system. the monetization plans are in three buckets. one is the enterprise function. we released one, highly encrypted data messa

this is a turnaround story with a great new ceo named john chen.n the quarter will be, where is he taking the company? what is the cash burn rate like him and what can we expect in coming quarters? he has made some promises he needs to keep. atwhen you are looking declining market share that is coming out from smartphone shipments, trying to emphasize outside of the area. what exactly are they doing? in and looked up blackberry and sent everyone before me has looked at this as a device company, but the reality is it has a portfolio of assets, including black airy messenger, a big patent portfolio him so he is looking to monetize at all and take the company more into services and software. and we saw that last quarter were services and software represented a bigger percentage of revenue than the handsets. >> you mentioned the cash burn issue. how much of an issue is that and how much time does blackberry have? >> it is big. on the inside they have two quarters but they have done a lot to raise money, including selling real estate. in reality they pr

million ist of $23 sparking hope that blackberry's ceo john chen is turning the company around. shares of french utility eds since 2005.rst day they were down as much as 12% at one point, but recouped some of those losses to close 7.6% down. the government is halting a plan to increase electricity tariffs by five percent. that is the business news. back to you. >> thank you very much indeed, marcus. gonext on france 24, let's online. web news is next. >> welcome to the web news. coming up on today's show, a rack -- iraq shut down the internet to disrupt insurgents. darlinglatest world cup . and it is the -- a mountain bike champ. iraq has blocked internet access in five provinces and is denying access to google social -- google, social media websites to disrupt the tools used by the terrorists. given out in a letter to internet providers. the documentation includes a warning to the authorities -- from the authorities, saying anyone who does not obey will be threatening the security of the country. iraqslamic state of embarked on a massive offensive a week ago and is highly activ

kelly wang and john chen are also critical to the media for focusing too much attention to the killer elliot rodger and his family. >> it is the word of hatred. this is the word of violence. >> it promotes the killer as a celebrity. >> reporter: these parents would rather focus on a letter written about their sons by their college classmates. >> they loved and were loved. and will forever be remembered as the magnificent men you raised them to be. >> the loss of our sons is unbearable. as parents, i could give away my own life in exchange for my son's life. >> in our heart, many times, we still picture his coming back home. and we really hope we are the last family to have to endure this kind of unspeakable pain. >> well the families were also upset that the gunman's parents never reached out to them personally. never apologized. well last night, the shooter's father did e-mail them an apology. >> it was a booze run gone bad. tonight, santa clara county deputies are pouring in on a bizarre attack. a guy who stole cigarettes an liquors on a store. at bascom avenue. the attacker punched

the ceo is john chen and he is live with us in minutes. and we are live in chicago to see what the stars are saying about stocks today. we have four and five star story to tell you. the president is expected to speak any minute on iraq. we expect details on the next steps they will tay on that situation there. first though, let's check in with sue. hi, sue. >> hi, tai we start with a cnbc exclusive a major cyber attack on a hedge fund. amon over to you. hi, sue, that is right. the experts at systems applied intelligence are telling cnbc that they have stopped a cyber attack on a large hedge fund. this attack wasn't designed to steal information. it was deesigned to get into that trading system they say the malware was in place for months. >> on the one hand it is pretty amazing. this was designed to attack the core systems that these folks systems trade. hackers were able to get inside that insurance company and get into the underwriting system and write false insurance plans and cash out those plans and manipulate the interior working ope

kelly wang and john chen are also critical of the media for focusing too much attention on the alleged killer elliot rodger and his family. >> we don't want americans to go into the killer's minds because it's a world of hatred and violence. [ non-english language ] >> reporter: these parents would rather focus on a letter written about their sons by their college classmates. >> they loved and were loved and will forever be remembered as the magnificent men you raised them to be. >> the loss of our sons are unbearable. as parents, i could give away my own life in exchange for my son's life. >> in our hearts, many times we still picture his coming back home and we really hope we are the last family have to endure this kind of unspeakable pain. >> reporter: ken bastida, kpix 5. >> the families had been upset the gunman's parents never reached out to them personally but this week the father emailed them an apology >>> nearly 300 suspected child predators off the streets in southern california after a sting operation. operation broken heart involved agencies from five southern california c

since taking over in november, ceo john chen has cut expenses by 30% through layoffs.aled back on marketing. american towers making a billion-dollar bet on brazil's mobilephone sector. agreeing to buy br tower in brazil. u.s. companies have been betting that wireless providers in mind america's biggest market will need more capacity. apple planning to release a smart watch in the fourth quarter, according to "the new york times." saying apple observers are counting on a smart watch to be the next gadget. that is this morning's company news from the files of "bloomberg west." hughley for brazil soon. >> oh my gosh, the smart watch. buys it when somebody else does it, apple releases it and we all need it. we will line up and get one. give me a break. >> there's the samsung watch. >> i will not be around the corner with those people buying a smart watch. >> jon ferro, been there and done that. >> jon pays people to sit in line for him. back to washington. >> in washington, a washington of change. a bipartisan call as congress moves on from the air canada feet. defeat.the

>> so it's a play on john chen. i'm not saying blackberry will be able to make the turn. all right. it's a play on sell if versus sell through. they've actually been selling through more phones about north of 2 million phones per quarter for the last three quarters. so they have been working down this channel inventory. there is a demand for blackberrys beyond the united states, obviously, there is little demand. i leak what ken did with the amazon app store, right, bring tack in. most importantly, it's a play in front of this earnings. i think we will see cost reduction and slightly better handset numbers and the stock is trading at bare bone asset levels. so any good fuse will give us a lift. i think the short trade, which we were a fan of for so long is weening down. >> colin, listen, everything you state has been a case under numerous managers the last couple years. it's been trading at asset levels. listen, it's not really that difficult call. the stock is not going through. that being said on the product front, they basically abandoned consumers. that's declineing, are you wor

on the buy side looking to move, seeing less new money coming into the stock based on the promise john chen is offering today, more short covering. a lot of people believe this company could not deliver on promises of 2016 profitability. another device that would eventually capture america's attention again. people are still not quite there yet, but at least they're not willing to go short the stock. >> what i mean about eliminating the down side. why the shorts get hurt. the question, what's the new long thesis on blackberry? how quickly can they build out that base for mobile device management? get the message out there, yes, we manage iphones and we manage android phones? what do they do on the software side? this deal with amazon on app stores is intriguing. does blackberry end up dropping blackberry 10 altogether and going to android? john chane them positioned to do that rather painlessly now. >> cash burn clearly not the issue. for now. margins up 10 point year on year. has he taken out all the expenses he can? is that the story next quarter, too? >> agents mo little more to go. you

bullish on the stock market raised price target to 20 bucks, blackberry doing well, and the ceo john chen on track to turning the company around. liz: when a longtime brand name has trouble, it's pretty sad every time radioshack officially breaking through the one dollar floor at its peak, it traded around $79 back in the day. today down 9%, make that 10% to 93 cents. >> the first time ever below a dollar. stock is down 64%. and the question a lot of traders have, is when is radioshack going to file for bankruptcy, liz? . [ closing bell ringing ] >> let's focus on the positive as we look at the green, there's a lot to be thankful for today. the end of the week, the walls of worry are not stopping the market, it continues to climb again and again, yes, we've had down days, the general direction is up, so close, only 49 points away from the 17,000 mark. we may get there next week or who knows, something else might happen. at any rate. all of the indices are in the green. "after the bell" starts right now. . liz: call it another record for the s&p. we break down this week's action with john

ceo john chen has been cutting costs, to turn the company around. the supreme court to decide the -- arialrea today today, broadcasters went to court to keep them from broadcasting over the internet. their very existence is at stake because they would go out of business if the supreme court ruled against them. for the networks, a loss would mean billions in lost revenue. if a decision does not come today it will likely come next week. >> one of the most controversial names in retail is out of a job this morning. the head of american apparel, who has been heard for years with sexual misconduct charges has been fired as chairman and ceo. julie hyman is reporting on this. what took so long for this to happen? >> this is a fascinating story. i am happy to talk about it. i had been following his story for years as are many people interested in retail, it is crazy that he has done a wacky thing after wacky thing if not worse and has remained ceo. the reason he's being ousted is shadowed in mystery. the company has had some kind of investigation, perhaps,

and number two, does john chen need to be a bit more ambitious?re bolder in terms of trying to turn the company around? >> well, the blackberry advantage on the enterprise side is really now through their enterprise serves and security and instant messaging. they've seriously lost their advantage on the hardware side. again, data that we have from over hundreds of thousands of phone lines shows a massive migration from 2012 where we had 60% penetration and now it's down to 20% where -- and that's almost all gained by apple, believe it or not, over android. so they've had lost on the hardware side. but on the services side, they have tens of thousands of customers worldwide, a major government who use their enterprise serves. i think that's where the feature in. and john has reprogrammed those thoughts. that's where people should start focusing on results. >> neal cohen, thank you so much for your time. >> world cup 2014 now. spain has crushed out of the tournament after a 2-0 loss to chile. the netherlands overcame a spirited australian team to wi

they also have blackberries john chen who will be speaking out on their latest quarter.tegy might just be working if you look at his latest release after they reported a much narrower loss for the quarter than analysts expected. the cost cuts helped to offset the continued loss in sales. joining us with more is john butler who covers telecoms. you and i have talked about the struggles at blackberry for many years. izzy finally getting something right? >> he is, actually. he is the right man at the right time and he is doing a great job with blackberry. what caught my attention on the the this morning is he said restructuring on the cost side is largely done in the focus is going to turn to a return to revenue growth. i think he will get there. he is a software man by background. if you look at the assets that blackberry has come in he has looked at the company has more than a device company. he is looking at blackberry enterprise services which is the back office mobile management. they have a huge patent portfolio and he is doing a great job with blackberry messenger. t

on the buy side looking to move, seeing less new money coming into the stock based on the promise john cheny could not deliver on promises of 2016 profitability. another device that would eventually capture america's attention again. people are still not quite there yet, but at least they're not willing to go short the stock. >> what i mean about eliminating the down side. why the shorts get hurt. the question, what's the new long thesis on blackberry? how quickly can they build out that base for mobile device management? get the message out there, yes, we manage iphones and we manage android phones? what do they do on the software side? this deal with amazon on app stores is intriguing. does blackberry

. >> jon fortt asked john chen about having blackberry adopt android to survive. >> tell me again, tworom now what are the odds that you are making android phones, not just blackberry phones, john. >> can't comment on that, jon. you know that. we're open to any possibilities that help to move our business forward obviously. i think when you and i chatted about a month ago, i didn't really give you any indication of that, but i told you the blackberry 10 will do well. i have confidence we can break even or actually even make money off the devices. >> todd, would that change your mind if they went toward platform at least where can you get access to a lot more apps, get the consumer more involved? >> exactly. with amazon you get 240,000 apps but android there is more than 1 million apps available. maybe bring user back to blackberry because of the keyboard that you guys love, too. the problem it has has been the apps. then you also worry about the enterprise security. if they move to blackberry -- >> just to push back, i don't think blackberry's going away. i don't think they're going to

john. >> all right. melissa chennext, 70 years ago he jumped from a plane on d-day. >> you can't pacify that feeling in nomady. it's a feeling that there is no other place. >> he's 93 years old. he's a veteran. he talks about a day that changed his life forever. plus the hong kong street vendor could be an endangered species. >>> wind gust have been a major problem across the globe. we have a sand storm today in. this picture captured from a cell phone. record wind gusts recorded with this and four deaths. common pictures seeing trees down while people trying to carry on normal life. back in the states we are watching atlanta hurricane season started yesterday. we have a cluster of thunderstorms that's farther south it's actually in the eastern pacific, where hurricane season has been in effect since may 15th. this cluster of thunderstorms now classified as the first tropical did h depression and we already had a hurricane in the eastern pacific. this is tropical depression number 2e that will be spinning up a lot of

let's go to washington, d.c., joey chen standing by, joey. >> good evening, john.tonight on our program, the threat in the palm of your hand, they say it is all fun and games until someone gets hurt, but this time kids have been. the source of their pain, the nasty comment circulated through an app called quick yak. school officials tells us it is spinning the rumor mill out of control. >> it is tough for them to move on, knowing that someone in the hallway, is thinking these things about them, even if it is not true, the fact that someone read it about you is so embarrassing as a high schooler. >> our report on yik yak and why kids are saying it is yuck. coming up at the top of the hour. >> well, on to brazil now, for the biggest world cup match of the day, a do or die game between uruguay and england. both needed a win to stay alive, and gabriel is in san palo to tell us about it, gabriel. >> that's right. it was a huge win, and they defeated england as you said, it was a billed as a do or die match, and billed at a real classic as well. so the english fans more

time to head to washington, d.c., joey chen standing by to tell us what is coming up on america tonight, at the top of the hour, joey. >> good evening john, tonight on our program, the world of men, very angry young men, they think of themselves as cool, confident, pickup artists, but in some online forums they find themselves lashing out against women, to the point of viciousness when they are rejected. and what happens when their online anger explodes into the streets where it all starts and uh how dangerous it might get to be in our report tonight. the one that comes to mind is negging. and what that means is saying something really unpleasant to a 2, like your hair looks terrible today. and the idea is that this somehow makes a woman feel vulnerable, and according to these people, makes her more likely to agree to have a relationship or sex waythe man who says it to her. >> a growing movement largely driven by online conversations, coming up at the top of the hour, on america tonight, we will see you then. >> all right, thank you. there's a new person in charge of managing the person's affordable care act. the senate confirmed the ne

john steinbeck's classic the grapes of wrath. to california's promise land, only to face the cruel reality of work in the fields under the central valley sun. al jazeera melissa chen traveled to the catch the model was novelled on, and a found a new generation, at work in kern county california. >> midway through the novel, the grapes of wrath, there's a moment, when the jedd family sees california central valley for the first time. they drove through in the morning glow. and the sun came up behind them, and then suddenly, they saw the great valley below them. the vineyards, the orchards, the great flat valley green and beautiful. california the prom land. it seems that way to real migrant, who arrived in 1944. >> from we came from, was oklahoma and it was because we were starving to death. or we were hungry. may showed up poor and desperate, and lived in catches and it was here he called it weed patch in the novel that steinbeck placed his famous fictional j objectionde family, the catch made indelible by the author now preserved and placed on the national register of historic places. w.c. statute lives here for 16 years. >> so this my brother here, and my dad an

chen. we begin tonight by considering how much american power, money or even moral authority can influence events. particularly in the fractious mid east where secretary of state john kerry is on a mission to bring greater stability. this iraq of course mr. kerry is talking about more inclusive government. we'll detail that shortly. but the first stop. the secretary of state stop for human rights. he found a polite ear but very soon after his departure the egyptian court handed down a sentence for three of our al jazeera journalists. about egyptian ties, here is correspondent adam may. >> for 177 days they waited for this moment. peter greste, is insistenced to seven years in -- is sentenced to seven years in prison. expwhrr but a guilty verdict is something -- >> reporter: but afully verdict is something no one was prepared for. >> for nothing they give him seven years? >> seven years for peter greste, and five other defendants not present. my god. finish. >> that's crazy. >> peter greste, mohamed fahmy and baher mohamed were accused of supporting muslim brotherhood and supporting false news. six other al jazeera journalists tried in their absence were also senten